Document:

Exhibit 10.1

 

Execution
Version

 

FOURTH AMENDMENT TO CREDIT AGREEMENT
AND FIRST AMENDMENT TO GUARANTEE AND COLLATERAL AGREEMENT

 

This FOURTH AMENDMENT
to the Credit Agreement referred to below and FIRST AMENDMENT to the Guarantee and Collateral Agreement referred to below, dated
as of December 16, 2020 (this “Fourth Amendment”) by and among B&G FOODS, INC., a Delaware
corporation, as borrower (the “Borrower”) and each of B&G FOODS NORTH AMERICA, INC., a Delaware
corporation (“B&GNA”), B&G FOODS SNACKS, INC., a Delaware corporation (“B&GS”),
BACK TO NATURE FOODS COMPANY, LLC, a Delaware limited liability company (“Back to Nature Company”), BACK
TO NATURE FOODS SERVCO, LLC, a Delaware limited liability company (“Back to Nature ServCo”), BEAR CREEK
COUNTRY KITCHENS, LLC, a Delaware limited liability company (“Bear Creek”), BTN FOODS SERVCO CORPORATION,
a Delaware limited liability company (“BTN ServCo”), BTN HOLDCO, INC., a Delaware corporation (“BTN
HoldCo”), CLABBER GIRL CORPORATION, an Indiana corporation (“CG”), WILLIAM UNDERWOOD COMPANY,
a Massachusetts business trust (“WUC”), SPARTAN FOODS OF AMERICA, INC., a Delaware corporation (“Spartan
Foods”), VICTORIA FINE FOODS, LLC, a Delaware limited liability company (“Victoria”) and
FARMWISE, LLC, a Delaware limited liability company (“Farmwise”) (B&GNA, B&GS, Back to Nature
Company, Back to Nature ServCo, Bear Creek, BTN ServCo, BTN HoldCo, CG, WUC, Spartan Foods, Victoria and Farmwise, collectively,
the “Guarantors”), the Lenders party hereto, and BARCLAYS BANK PLC (“Barclays”),
as administrative agent for the Lenders (in such capacity, the “Administrative Agent”) and collateral
agent for the Secured Parties (in such capacity, the “Collateral Agent”). Capitalized terms not otherwise
defined in this Fourth Amendment have the same meanings as specified in the Credit Agreement (as defined below), as amended by
this Fourth Amendment.

 

RECITALS

 

WHEREAS, the
Borrower, the several Lenders (as defined in the Credit Agreement) from time to time parties thereto and the Administrative Agent,
have entered into that certain Amended and Restated Credit Agreement, dated as of October 2, 2015 (together with all exhibits
and schedules attached thereto, as amended by the First Amendment to Credit Agreement, dated as of March 30, 2017, by the
Second Amendment to Credit Agreement, dated as of November 20, 2017, and by the Third Amendment to Credit Agreement, dated
as of October 10, 2019, and as further amended, restated, amended and restated, supplemented or otherwise modified prior to
the date hereof, the “Credit Agreement” as amended by this Fourth Amendment, the “Amended
Credit Agreement”);

 

WHEREAS, Barclays,
Deutsche Bank Securities Inc. (“DBSI”), Royal Bank of Canada (“Royal Bank”),
RBC Capital Markets1 (“RBCCM”
and together with Royal Bank and its affiliates, “RBC”), BofA Securities, Inc. (“BofA
Securities”), BMO Capital Markets Corp. (“BMO”), Citigroup Global Markets Inc. on behalf
of Citi2 (together with its affiliates, “CGMI”),
Credit Suisse Loan Funding LLC (“CSLF”), Goldman Sachs Bank USA (“GS”) and
JPMorgan Chase Bank, N.A. (“JPMorgan” and, together with Barclays, DBSI, RBC, BofA Securities, BMO, CGMI,
CSLF and GS, the “Lead Arrangers”) are acting as joint lead arrangers and joint bookrunners in connection
with this Fourth Amendment and Citizens Bank, N.A. (“Citizens”), Coöperatieve Rabobank U.A., New
York Branch ( “Rabobank”), TD Securities (USA) LLC (“TDS”), Capital One, National
Association (“Capital One”), Sumitomo Mitsui Banking Corporation ( “SMBC”)
and CoBank, ACB (“CoBank” and, together with Citizens, Rabobank, TDS, Capital One and SMBC, the “Co-Documentation
Agents”) are acting as co-documentation agents in connection with this Fourth Amendment.

 

 

1 RBC Capital Markets is a brand name for the capital markets business of Royal Bank of Canada and its affiliates.

 

2 “Citi”
shall mean CGMI, Citibank, N.A., Citicorp USA, Inc., Citicorp North America, Inc. and/or any of their affiliates as any of them shall
determine to be appropriate to provide the services contemplated herein

 

    	 	 	 

    	 	 	 

    

 

WHEREAS, the
Borrower wishes to obtain additional Revolving Credit Commitments in an aggregate principal amount of $100.0 million (the “Fourth
Amendment Incremental Revolving Credit Commitments”, together with the Extended Revolving Credit Commitments, the
 “Fourth Amendment Revolving Credit Commitments”; the Facility established thereby, the “Fourth
Amendment Revolving Credit Facility”; and the Loans thereunder, the “Fourth Amendment Revolving Credit
Loans”). Each Person set forth on Schedule I attached hereto that executes and delivers a signature page to
this Fourth Amendment in the capacity of a “Fourth Amendment Incremental Revolving Credit Lender” (the “Fourth
Amendment Incremental Revolving Credit Lenders”) in the form attached hereto as Exhibit A will be deemed
(i) to have irrevocably agreed and consented to the terms of this Fourth Amendment and the Amended Credit Agreement and (ii) to
have committed to make the Fourth Amendment Revolving Credit Commitments to the Borrowers in the amount set forth on such Schedule
I next to such First Amendment Revolving Credit Lender’s name on the Fourth Amendment Effective Date, on the terms and subject
to the conditions as set forth herein.

 

WHEREAS, pursuant
to Section 9.21(b) of the Credit Agreement, the Borrower has requested to convert all previously established Revolving
Credit Commitments of any Revolving Credit Lender into Extended Revolving Credit Commitments. Each Revolving Credit Lender under
the Credit Agreement immediately prior to the Fourth Amendment Effective Date (collectively, the “Existing Revolving
Lenders”) that executes and delivers a signature page to this Fourth Amendment in the form attached hereto as
Exhibit B (a “Revolving Lender Consent”) (the “Consenting Lenders”
and, together with the Fourth Amendment Incremental Revolving Credit Lenders, the “Fourth Amendment Revolving Credit
Lenders”) will be deemed (i) to have irrevocably agreed and consented to the terms of this Fourth Amendment
and the Amended Credit Agreement and (ii) to have irrevocably agreed to convert its Revolving Credit Commitments into Fourth
Amendment Revolving Credit Commitments as set forth in the Amended Credit Agreement in the amount set forth on Schedule I next
to such Fourth Amendment Revolving Credit Lender’s name on the Fourth Amendment Effective Date, on the terms and subject
to the conditions as set forth herein.

 

WHEREAS, each
Existing Revolving Lender that fails to execute and return a Revolving Lender Consent by 12:00 p.m. (New York City time),
on December 7, 2020 (the “Consent Deadline”) (each, a “Non-Consenting Lender”)
shall, in accordance with Section 2.22 of the Credit Agreement and subject to the conditions set forth therein, assign
and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.6 of the
Credit Agreement), all of its interests, rights and obligations under the Credit Agreement to the applicable Replacement Lenders
who shall assume such obligations pursuant to a Master Assignment and Assumption Agreement in the form attached hereto as Exhibit D
(the “Assignment and Assumption”) as further set forth in this Fourth Amendment.

 

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WHEREAS, the
Borrower wishes to obtain, pursuant to Section 2.32 of the Credit Agreement, a new first lien senior secured incremental
term loan facility (the “Fourth Amendment Incremental Term Loan Facility”) with Term Loan Commitments
in an aggregate principal amount of $300.0 million (the “Fourth Amendment Incremental Term Loan Commitments”,
and any Loans made thereunder, the “Fourth Amendment Incremental Term Loans”) and which shall be provided
by the institutions listed on Schedule I hereto as Fourth Amendment Incremental Term Loan Lenders party hereto (the “Fourth
Amendment Incremental Term Loan Lenders”) and effective on the Fourth Amendment Effective Date pursuant to the terms
and subject to the conditions hereof, the proceeds of which will be used to pay certain outstanding Revolving Credit Loans under
the Credit Agreement and to pay certain fees and expenses in connection with the foregoing;

 

WHEREAS, each
of the institutions listed on Schedule I hereto as a Fourth Amendment Incremental Term Loan Lender (i) is willing to extend
credit in the form of Fourth Amendment Incremental Term Loans to the Borrower on the Fourth Amendment Effective Date up to an amount
equal to its Fourth Amendment Incremental Term Loan Commitment set forth on Schedule I subject to the conditions set forth herein
and in the Amended Credit Agreement and (ii) will be deemed to have agreed to the terms of this Fourth Amendment and the Amended
Credit Agreement;

 

WHEREAS, the
Borrower has requested, pursuant to Section 9.1, that the Credit Agreement be amended to, among other things, extend the maturity
date of the Revolving Credit Facility, and modify other provisions of the Credit Agreement on terms and conditions set forth therein;

 

WHEREAS, the
Lenders constituting at least the Required Lenders and the Majority Facility Lenders under the Tranche B-4 Term Loan Facility (immediately
after giving effect to the Fourth Amendment Incremental Term Loan Commitments), the Fourth Amendment Incremental Term Loan Lenders
and the Issuing Lender, are willing to effect the amendments set forth herein and agree to the terms of the Amended Credit Agreement,
in each case on the terms and subject to the conditions of this Fourth Amendment;

 

WHEREAS, the
Borrower and each of the Guarantors is party to (a) that certain Guarantee and Collateral Agreement, dated as of June 5,
2014 (together with all exhibits and schedules attached thereto, as amended, restated, amended and restated, supplemented or otherwise
modified prior to the date hereof, the “Guarantee and Collateral Agreement” as amended by this Fourth
Amendment, the “Amended Guarantee and Collateral Agreement”), by and between the Borrower, the Guarantors
and the Collateral Agent and (b) one or more of the Loan Documents (such term and each other capitalized term used but not
defined herein having the meaning assigned to such terms in the Amended Credit Agreement);

 

WHEREAS, each
Tranche B-4 Term Loan Lender under the Credit Agreement immediately prior to the Fourth Amendment Effective Date that executes
and delivers a signature page to this Fourth Amendment in the form attached hereto as Exhibit C (a “Consent”)
will be deemed to have consented to the amendments to the Credit Agreement and Guarantee and Collateral Agreement as set forth
in this Fourth Amendment, on the terms and subject to the conditions as set forth herein;

 

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WHEREAS, each
Guarantor expects to realize, or has realized, substantial direct and indirect benefits as a result of this Fourth Amendment becoming
effective and the consummation of the transactions contemplated hereby.

 

NOW, THEREFORE,
in consideration of the covenants and agreements contained herein, as well as other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 

Article I

 

revolving
credit commitments

 

Section 1.1            Pursuant
to Sections 2.22, 9.1 and 9.21(b) of the Credit Agreement, and subject solely to the satisfaction of
the conditions precedent set forth in Article V hereof, on and as of the Fourth Amendment Effective Date:

 

(a)            Consenting
Lenders. Each Consenting Lender hereby (i) consents and agrees to this Fourth Amendment and the Amended Credit Agreement,
(ii) irrevocably agrees to convert its Revolving Credit Commitments into Fourth Amendment Revolving Credit Commitments as
set forth in the Amended Credit Agreement in the amount set forth on Schedule I next to such Fourth Amendment Revolving Credit
Lender’s name on the Fourth Amendment Effective Date, on the terms and subject to the conditions set forth in the Fourth
Amendment and (iii) acknowledges and confirms, and consents to any reallocation as necessary of, its Fourth Amendment Revolving
Credit Commitments in an aggregate principal amount set forth on Schedule I hereto, which Fourth Amendment Revolving Credit Commitments
will replace and terminate the Revolving Credit Commitments existing immediately prior to the Fourth Amendment Effective Date.

 

(b)            Non-Consenting
Lenders. The Borrower hereby gives notice to each Non- Consenting Lender that, upon receipt of Revolving Lender Consents and
Consents of Lenders representing at least the Required Lenders, if such Non-Consenting Lender has not executed and delivered a
Revolving Lender Consent on or prior to the Consent Deadline, such Non-Consenting Lender shall, pursuant to Section 2.22 of
the Credit Agreement, execute or be deemed to have executed a counterpart of the Assignment and Assumption and shall in accordance
therewith sell its existing Revolving Credit Loans and Revolving Credit Commitments as specified in the Assignment and Assumption.
Pursuant to the Assignment and Assumption, each Non-Consenting Lender shall sell and assign the principal amount of its existing
Revolving Credit Loans and Revolving Credit Commitments as set forth in the Assignment and Assumption, as such Assignment and Assumption
is completed by the Administrative Agent on or prior to the Fourth Amendment Effective Date, to the applicable assignee(s) as
set forth in the Assignment and Assumption (in such capacity, each a “Replacement Lender”) under such
Assignment and Assumption, solely upon the consent and acceptance by the Replacement Lenders. The Replacement Lenders shall be
deemed to have consented to this Fourth Amendment with respect to such purchased Revolving Credit Loans and Revolving Credit Commitments
at the time of such assignment, as reflected on Schedule I hereto.

 

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(c)            Fourth
Amendment Incremental Revolving Lenders. Each Fourth Amendment Incremental Revolving Lender executing a consent to this Fourth
Amendment (i) hereby consents and agrees to this Fourth Amendment and the Amended Credit Agreement, (ii) hereby commits
to make Fourth Amendment Revolving Credit Commitments in the amount set forth next to such Fourth Amendment Incremental Revolving
Lender’s name on Schedule I attached hereto and (iii) upon the Fourth Amendment Effective Date, shall make such Fourth
Amendment Revolving Credit Commitments to the Borrower. The Fourth Amendment Incremental Revolving Credit Commitments, the Commitments
of the Consenting Lenders and the Commitments of the Replacement Lenders (after giving effect to the assignments from Non-Consenting
Lenders as contemplated by this Fourth Amendment) shall collectively constitute one and the same “tranche” of Commitments
under the Amended Credit Agreement, and the aggregate amount of such Fourth Amendment Revolving Credit Commitments is $800,000,000.
Each Fourth Amendment Revolving Credit Lender that is not already party to the Credit Agreement hereby acknowledges, agrees and
confirms, by its execution of this Fourth Amendment, that such Fourth Amendment Revolving Credit Lender, as of the Fourth Amendment
Effective Date, will be a party to the Amended Credit Agreement and the other Loan Documents and be bound by the provisions of
the Amended Credit Agreement and the other Loan Documents and, to the extent of its Aggregate Exposure Percentage, have the rights
and obligations of a Lender thereunder. Each Fourth Amendment Incremental Revolving Credit Lender party hereto (i) represents
and warrants that (A) it has full power and authority, and has taken all action necessary, to execute and deliver this Fourth
Amendment and to consummate the transactions contemplated hereby and in the Amended Credit Agreement, and to become a Lender under
the Amended Credit Agreement, (B) it is not an Excluded Lender and it meets all the requirements of an Assignee under the
Amended Credit Agreement (subject to such consents, if any, as may be required under the Amended Credit Agreement), (C) from
and after the Fourth Amendment Effective Date, it shall be bound by the provisions of the Amended Credit Agreement and, to the
extent of its Fourth Amendment Revolving Credit Commitment, shall have the obligations of a Lender thereunder, (D) it is sophisticated
with respect to decisions to acquire assets of the type represented by its Fourth Amendment Revolving Credit Commitment and the
Fourth Amendment Revolving Credit Loans and either it, or the Person exercising discretion in making its decision to commit to
provide its Fourth Amendment Revolving Credit Commitment, is experienced in committing to loans of such type, (E) it has received
a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial
statements delivered pursuant to Section 5.1(a) and Section 5.2(b) of the Amended Credit Agreement,
as applicable, and such other documents and information as it deems appropriate to make its own credit analysis and decision to
enter into this Fourth Amendment and to commit to provide its Fourth Amendment Revolving Credit Commitment and (F) it has,
independently and without reliance upon Administrative Agent, the Lead Arrangers or any other Lender and based on such documents
and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Fourth Amendment and
to commit to provide its Fourth Amendment Revolving Credit Commitment; and (ii) agrees that (A) it will, independently
and without reliance on the Administrative Agent, the Lead Arrangers 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 action under the Credit
Documents, and (B) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents
are required to be performed by it as a Lender.

 

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(d)            The
terms of the Fourth Amendment Revolving Credit Facility, the Fourth Amendment Revolving Credit Commitments and the Fourth Amendment
Revolving Credit Loans shall be the same as the terms of the Revolving Credit Facility, the Revolving Credit Commitments and the
Revolving Credit Loans outstanding immediately prior to giving effect to this Fourth Amendment and shall constitute one tranche
and class of Revolving Credit Loans, and each Fourth Amendment Revolving Credit Lender hereunder shall be a Revolving Credit Lender
and Lender for all purposes of the Amended Credit Agreement. Following the Fourth Amendment Effective Date, each reference to “Revolving
Credit Facility”, “Revolving Credit Loans” and “Revolving Credit Commitments” in the Loan Documents
shall include the Fourth Amendment Revolving Credit Facility, Fourth Amendment Revolving Credit Loans and Fourth Amendment Revolving
Credit Commitments, respectively, and each reference to “Revolving Credit Lenders” and “Lenders” in the
Loan Documents shall include the Fourth Amendment Revolving Credit Lenders party hereto, in each case, unless the context shall
require otherwise. Each of the parties hereto hereby agrees that the Administrative Agent may take any and all action as may be
reasonably necessary to ensure that all such Fourth Amendment Revolving Credit Commitments and Fourth Amendment Revolving Credit
Loans, when originally made, are Revolving Credit Commitments and Revolving Credit Loans, respectively, for all purposes under
the Loan Documents, and the Administrative Agent is authorized to mark the Register accordingly to reflect the amendments and adjustments
set forth herein.

 

(e)            The
Administrative Agent will take those steps which it deems, in its sole discretion and in consultation with the Borrower, necessary
and appropriate to cause each Fourth Amendment Revolving Credit Lender to hold outstanding Fourth Amendment Revolving Credit Loans
pro rata on the basis of their respective Fourth Amendment Revolving Credit Commitments or on the basis of their respective
outstanding Revolving Credit Loans, as the case may be from time to time in accordance with Section 2.16 of the Amended
Credit Agreement, and to hold participation interests in outstanding Letters of Credit in accordance with Section 2.26
of the Amended Credit Agreement, in each case, immediately after giving effect to the Fourth Amendment Revolving Credit Commitment
such that as of the Fourth Amendment Effective Date, each Fourth Amendment Revolving Credit Lender holds outstanding Fourth Amendment
Revolving Credit Loans and participation interests in outstanding Letters of Credit pro rata on the basis of their respective Fourth
Amendment Revolving Credit Commitments. The outstanding Letters of Credit as of the Fourth Amendment Effective Date are described
in Schedule II hereto. On the Fourth Amendment Effective Date, each Fourth Amendment Revolving Credit Lender shall purchase at
par from and/or sell at par to each of the other Fourth Amendment Revolving Credit Lenders such portions of the outstanding Revolving
Credit Loans, if any, as may be specified by the Administrative Agent so that, immediately following such purchases, all Eurodollar
Loans and all Base Rate Loans that are Revolving Credit Loans shall be held by the Fourth Amendment Revolving Credit Lenders on
a pro rata basis in accordance with their respective Revolving Credit Percentages.

 

(f)            Subject
to the terms and conditions set forth herein and in the Credit Agreement, each Issuing Bank whose signature page appears below
hereby irrevocably agrees to the terms of this Fourth Amendment and the Amended Credit Agreement.

 

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(g)            Each
Fourth Amendment Revolving Credit Lender party hereto is reasonably satisfactory to the Administrative Agent.

 

Article II

 

FOURTH
AMENDMENT INCREMENTAL TERM LOAN FACILITY

 

Section 2.1            In
accordance with Section 2.32 of the Credit Agreement and pursuant to the terms of the Amended Credit Agreement and this Fourth
Amendment, each Fourth Amendment Incremental Term Loan Lender hereby (i) commits, severally and not jointly, to provide Fourth
Amendment Incremental Term Loan Commitments in the amount set forth opposite such Fourth Amendment Incremental Term Loan Lender’s
name on Schedule I annexed hereto, (ii) agrees, severally and not jointly, to make an Fourth Amendment Incremental
Term Loan to the Borrower on the Fourth Amendment Effective Date, on the terms and subject to the conditions set forth herein and
in the Amended Credit Agreement, and (iii) agrees to become a party to this Fourth Amendment and the Amended Credit Agreement.
Proceeds of the Fourth Amendment Incremental Term Loans shall be used to pay certain outstanding Revolving Credit Loans under the
Credit Agreement and to pay certain fees and expenses in connection with the foregoing. Subject to Sections 2.9 and 2.10 of the
Amended Credit Agreement, all amounts owed with respect to the Fourth Amendment Incremental Term Loans shall be paid in full no
later than the Tranche B-4 Term Loan Maturity Date. Each Fourth Amendment Incremental Term Loan Lender’s Fourth Amendment
Incremental Term Loan Commitment shall terminate immediately and without further action on the Fourth Amendment Effective Date
upon funding of the Fourth Amendment Incremental Term Loans. The Fourth Amendment Incremental Term Loan Commitments and the existing
Tranche B-4 Term Loan Commitments shall collectively constitute one and the same “tranche” of Commitments under the
Amended Credit Agreement, and the Fourth Amendment Incremental Term Loans and the existing Tranche B-4 Term Loans shall collectively
constitute one and the same “tranche” of Term Loans under the Amended Credit Agreement, and the aggregate amount of
such Term Loans is $671,625,000.

 

Section 2.2            Each
Fourth Amendment Incremental Term Loan Lender (i) confirms that it has received a copy of this Fourth Amendment, the Credit
Agreement and the other Loan Documents, together with copies of the financial statements referred to therein and such other documents
and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Fourth Amendment;
(ii) agrees that it will, independently and without reliance upon the Administrative Agent or any other Lender or Agent 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 action under the Amended Credit Agreement; (iii) appoints and authorizes the Administrative Agent and
Collateral Agent to take such action as agent on its behalf and to exercise such powers under the Amended Credit Agreement and
the other Loan Documents as are delegated to the Administrative Agent and Collateral Agent, as the case may be, by the terms thereof,
together with such powers as are reasonably incidental thereto; and (iv) agrees that it will perform in accordance with their
terms all of the obligations which by the terms of the Amended Credit Agreement are required to be performed by it as a Lender.

 

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Section 2.3            The
terms of the Fourth Amendment Incremental Term Loan Facility, the Fourth Amendment Incremental Term Loan Commitments and the Fourth
Amendment Incremental Term Loans shall be the same as the terms of the Tranche B-4 Term Loan Facility, the Tranche B-4 Term Loan
Commitments and the Tranche B-4 Term Loans outstanding immediately prior to giving effect to this Fourth Amendment and shall constitute
one tranche and class of Term Loans, and each Fourth Amendment Incremental Term Loan Lender hereunder shall be a Tranche B-4 Term
Loan Lender, a Term Loan Lender and Lender for all purposes of the Amended Credit Agreement. Following the Fourth Amendment Effective
Date, each reference to “Tranche B-4 Term Loan Facility”, “Tranche B-4 Term Loans” and “Tranche B-4
Term Loan Commitments” in the Loan Documents shall be deemed to include the Fourth Amendment Incremental Term Loan Facility,
Fourth Amendment Incremental Term Loans and Fourth Amendment Incremental Term Loan Commitments, respectively, and each reference
to “Tranche B-4 Term Loan Lenders”, “Term Loan Lenders” and “Lenders” in the Loan Documents
shall be deemed to include the Fourth Amendment Incremental Term Loan Lenders party hereto, in each case, unless the context shall
require otherwise. Each of the parties hereto hereby agrees that the Administrative Agent may take any and all action as may be
reasonably necessary to ensure that all such Fourth Amendment Incremental Term Loan Commitments and Fourth Amendment Incremental
Term Loans, when originally made, are Tranche B-4 Term Loan Commitments and Tranche B-4 Term Loans, respectively, for all purposes
under the Loan Documents, and the Administrative Agent is authorized to mark the Register accordingly to reflect the amendments
and adjustments set forth herein.

 

Section 2.4            The
Fourth Amendment Incremental Term Loan Lenders and the Borrower hereby agree that, and select, the same Interest Period with respect
to the Fourth Amendment Incremental Term Loans as was applicable to the Tranche B-4 Term Loans immediately prior to the Fourth
Amendment Effective Date. Each Tranche B-4 Term Lender hereby waives the provisions of Section 2.19(c) of the Credit
Agreement requiring indemnification from any loss or expense that such Tranche B-4 Term Lender may sustain or incur as a consequence
of the exchanging of Tranche B-4 Term Loans (prior to giving effect to this Fourth Amendment) for Tranche B-4 Term Loans (after
giving effect to this Fourth Amendment) that are Eurodollar Loans in the event the Fourth Amendment Effective Date is not the last
day of an Interest Period with respect thereto.

 

Article III

 

AMENDMENTS
TO CREDIT AGREEMENT

 

Section 3.1            Amendment
of Existing Credit Agreement. Pursuant to Sections 2.21, 2.32, 9.1 and 9.21(b) of the Credit
Agreement, the Borrower, the Lenders party hereto comprising at least the Required Lenders (immediately after giving effect to
the Fourth Amendment Incremental Term Loan Commitments), the Majority Facility Lenders under the Tranche B-4 Term Loan Facility
(immediately after giving effect to the Fourth Amendment Incremental Term Loan Commitments), the Fourth Amendment Incremental Term
Loan Lenders, the Issuing Lender and the other Lenders party hereto, the Administrative Agent and the other parties party hereto
agree that on the Fourth Amendment Effective Date, the Credit Agreement shall hereby be amended to delete the stricken text (indicated
textually in the same manner as the following example: stricken text) and
to add the double-underlined text (indicated textually in the same manner as the following example: double-underlined
text) as set forth in the Amended Credit Agreement attached hereto as Exhibit E and subject to the satisfaction
of the conditions precedent set forth in Article V below.

 

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Article IV

 

AMENDMENTS
TO GUARANTEE AND COLLATERAL aGREEMENT

 

Pursuant to Section 8.1
of the Guarantee and Collateral Agreement and Section 9.1 of the Credit Agreement, the parties hereto, agree that on the Fourth
Amendment Effective Date, the Guarantee and Collateral Agreement shall be amended as follows:

 

Section 4.1            Section 1.1
of the Guarantee and Collateral Agreement is amended to add the following defined term in alphabetical order thereunder:

 

““Borrower
Cash Management Agreement Obligations”: the collective reference to all obligations and liabilities of the Borrower (including,
without limitation, payments for early termination of Specified Cash Management Agreements and interest accruing at the then applicable
rate provided in any Specified Cash Management Agreement after the filing of any petition in bankruptcy, or the commencement of
any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition
interest is allowed in such proceeding) to any Lender or any Cash Management Bank, whether direct or indirect, absolute or contingent,
due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, any Specified
Cash Management Agreement or any other document made, delivered or given in connection therewith, in each case whether on account
of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation,
all fees and disbursements of counsel to the Cash Management Banks that are required to be paid by the Borrower pursuant to the
terms of any of the foregoing agreements).”

 

Section 4.2            Section 1.1
of the Guarantee and Collateral Agreement is amended to amend and restate the definition of Borrower Obligations to read as follows:

 

““Borrower
Obligations”: the collective reference to (i) the Borrower Credit Obligations, (ii) the Borrower Hedge Agreement
Obligations, but only to the extent that, and only for so long as, the Borrower Credit Obligations are secured and guaranteed pursuant
to this Agreement, (iii) Borrower Foreign Letter of Credit Obligations, but only to the extent that, and only for so long
as, the Borrower Credit Obligations are secured and guaranteed pursuant to this Agreement, (iv) the Borrower Cash Management
Agreement Obligations, but only to the extent that, and only for so long as, the Borrower Credit Obligations are secured and guaranteed
pursuant to this Agreement and (v) all other obligations and liabilities of the Borrower, whether direct or indirect, absolute
or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with,
this Agreement (including, without limitation, all fees and disbursements of counsel to the Agents, the Arrangers, the Issuing
Lender and the Lenders that are required to be paid by the Borrower pursuant to the terms of this Agreement or the Credit Agreement).”

 

Section 4.3            Section 1.1
of the Guarantee and Collateral Agreement is amended to amend and restate the definition of Secured Parties to read as follows:

 

““Secured
Parties”: the collective reference to the Administrative Agent, the Collateral Agent, the Arrangers, the Co-Syndication
Agents, the Documentation Agent, the Lenders (including any Issuing Lender in its capacity as Issuing Lender), any Foreign Currency
L/C Issuing Lenders, any Cash Management Bank and any Qualified Counterparties.”

 

    	 	9	 

    	 	 	 

    

 

Section 4.4            Section 7.4
of the Guarantee and Collateral Agreement is amended and restated to include reference to Cash Management Banks and read as follows:

 

“Section 7.4.            Authority
of Collateral Agent. Each Grantor acknowledges that the rights and responsibilities of the Collateral Agent under this Agreement
with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option,
voting right, request, judgment or other right or remedy provided for herein or resulting or arising out of this Agreement shall,
as between the Collateral Agent and the Lenders, be governed by the Credit Agreement and by such other agreements with respect
thereto as may exist from time to time among them, but, as between the Collateral Agent and the Grantors, the Collateral Agent
shall be conclusively presumed to be acting as agent for the Lenders and the Secured Parties with full and valid authority so to
act or refrain from acting, and no Grantor or other Person (except a Lender) shall be under any obligation, or entitlement, to
make any inquiry respecting such authority. Notwithstanding any other provision herein or in any Loan Document, the only duty or
responsibility of the Collateral Agent to any Qualified Counterparty, any Cash Management Bank or to any Foreign Currency L/C Issuing
Lender, in its capacity as such, under this Agreement is the duty to remit to such Qualified Counterparty, such Cash Management
Bank or such Foreign Currency L/C Issuing Lender any amounts to which it is entitled pursuant to Section 6.5. In addition,
by acceptance of the benefits hereof, each Secured Party that is not a Lender agrees to be bound by Sections 9.15(b) and 9.19
of the Credit Agreement with the same force and effect as if originally named therein as a Lender.”

 

Section 4.5            Section 8.15(c) of
the Guarantee and Collateral Agreement is amended and restated to include reference to Cash Management Banks and read as follows:

 

“(c)            No
consent of any Qualified Counterparty, Cash Management Bank or Foreign Currency L/C Issuing Lender, in its capacity as such, shall
be required for any action under this Agreement, the Credit Agreement or the other Loan Documents, other than as explicitly set
forth in Section 9.1 of the Credit Agreement.”

 

Article V

 

CONDITIONS
TO EFFECTIVENESS

 

The effectiveness of
this Fourth Amendment (including the agreements contained in Articles I and II and the amendments contained in Articles
III and IV) is subject to the satisfaction (or written waiver) of the following conditions (the date of satisfaction
of such conditions being referred to herein as the “Fourth Amendment Effective Date”):

 

Section 5.1            This
Fourth Amendment shall have been duly executed by the Borrower, the Lenders under the Credit Agreement constituting at least the
Required Lenders (immediately after giving effect to the Fourth Amendment Incremental Term Loan Commitments) (whether by signing
a Revolving Lender Consent or otherwise delivering a signature page to this Fourth Amendment), the Majority Facility Lenders
under the Tranche B-4 Term Loan Facility (immediately after giving effect to the Fourth Amendment Incremental Term Loan Commitments),
the Fourth Amendment Incremental Term Loan Lenders and the Administrative Agent, and delivered to the Administrative Agent;

 

    	 	10	 

    	 	 	 

    

 

Section 5.2            All
fees and expenses required to be paid hereunder or pursuant to the Amended Credit Agreement, that certain Amended and Restated
Engagement Letter, dated as of December 15, 2020 (the “Fourth Amendment Incremental Term Loan Engagement Letter”),
by and among the Borrower, the Lead Arrangers and the Co-Documentation Agents, and that certain Engagement Letter, dated as of
December 2, 2020 (the “Revolver Extension Engagement Letter” and, together with the Fourth Amendment
Incremental Term Loan Engagement Letter, the “Engagement Letters”), by and between the Borrower and Barclays
shall have been paid in full in cash or will be paid in full in cash on the Fourth Amendment Effective Date, including, without
limitation, all reasonable and documented out-of-pocket expenses incurred by the Lead Arrangers, the Co-Documentation Agents the
Administrative Agent and their respective Affiliates in connection with the execution and delivery of this Fourth Amendment, in
each case to the extent required by the Amended Credit Agreement and Engagement Letters;

 

Section 5.3            Immediately
after giving effect to the transactions contemplated hereby the Borrower and its Subsidiaries shall have outstanding no Indebtedness
or preferred Capital Stock other than (A) the Loans and other extensions of credit under the Amended Credit Agreement, (B) the
Senior Notes and (C) the other Indebtedness permitted to be incurred pursuant to Section 6.2 of the Amended Credit Agreement.

 

Section 5.4            The
Administrative Agent shall have received a customary written opinion of Dechert LLP, counsel to the Borrower and its Subsidiaries;

 

Section 5.5            The
Administrative Agent shall have received a certificate signed by a Responsible Officer of the Borrower as to the matters set forth
in Section 5.3, Section 5.7 and Section 5.8;

 

Section 5.6            The
Administrative Agent shall have received with respect to each Loan Party (i) a certificate as of a recent date of the good
standing (or equivalent) under the laws of its jurisdiction of organization from the relevant authority of its jurisdiction of
organization and (ii) a certificate of a Responsible Officer of each Loan Party dated the Fourth Amendment Effective Date
and certifying to the effect (A) that attached thereto are copies of each Organizational Documents of such Credit Party and,
to the extent applicable, certified as of the Fourth Amendment Effective Date or a recent date prior thereto by the relevant authority
of its jurisdiction of organization, (B) that attached thereto is a true and complete copy of resolutions or written consents
duly adopted by the board of directors or other governing body of each Loan Party authorizing the execution, delivery and performance
of this Fourth Amendment and any related Loan Documents and the borrowings hereunder and thereunder, and that such resolutions
have not been modified, rescinded or amended and are in full force and effect, and (C) as to the incumbency and specimen signature
of each officer executing this Fourth Amendment or any other document delivered in connection herewith on behalf of each Loan Party;

 

    	 	11	 

    	 	 	 

    

 

Section 5.7            No
Default or Event of Default has occurred and is continuing on the Fourth Amendment Effective Date both before and immediately after
giving effect to the transactions contemplated hereby;

 

Section 5.8            The
representations and warranties of the Borrower and each of the Guarantors set forth in Article VI of this Fourth Amendment
are true and correct;

 

Section 5.9           The
Administrative Agent shall have received a certificate executed by the chief financial officer of the Borrower, in the form attached
as Exhibit H of the Credit Agreement, which shall document the solvency of the Borrower and its Subsidiaries, on a consolidated
basis, after giving effect to the transactions contemplated hereby;

 

Section 5.10           The
Administrative Agent and the Lenders shall have received a Compliance Certificate substantially in the form of Exhibit B of
the Credit Agreement demonstrating compliance with requirements of Section 2.32(c)(ii) of the Credit Agreement;

 

Section 5.11           Substantially
simultaneously with the receipt of the proceeds of the Fourth Amendment Incremental Term Loans, the Borrower shall have applied
the aggregate proceeds of the Fourth Amendment Incremental Term Loans to pay certain outstanding Revolving Credit Loans under the
Credit Agreement and to pay certain fees and expenses in connection with the foregoing, including all amounts due under Article I
and any other cost reimbursements and other Obligations, if any, then due and owing to any Non-Consenting Lenders under the Credit
Agreement (prior to the Fourth Amendment Effective Date);

 

Section 5.12           The
Borrower shall have provided, at least three (3) Business Days prior to the Fourth Amendment Effective Date, all information
with respect to the Loan Parties reasonably requested by the Administrative Agent in writing at least ten (10) days prior
to the Fourth Amendment Effective Date under applicable “know-your-customer” and anti-money laundering rules and
regulations, including, without limitation, Patriot Act and, if the Borrower qualifies as a “legal entity customer”
thereunder, the requirements of 31 C.F.R §1010.230; and

 

Section 5.13           The
Administrative Agent shall have received a notice of borrowing, prior to 10:00 A.M., New York City time, one Business Day prior
to the Fourth Amendment Effective Date.

 

Section 5.14           The
Borrower shall have paid (i) all interest accrued on all outstanding Revolving Credit Loans and Tranche B-4 Term Loans from
the last applicable Interest Payment Date prior to the Fourth Amendment Effective Date through the date immediately prior to the
Fourth Amendment Effective Date, and (ii) all accrued and unpaid commitment fees and letter of credit fees due pursuant to
Sections 2.7(a) and Section 2.25 of the Credit Agreement through the date immediately prior to the Fourth Amendment Effective
Date, in each case regardless of whether payment would otherwise be required under the Credit Agreement to be paid on such date.

 

    	 	12	 

    	 	 	 

    

 

Article VI

 

REPRESENTATIONS
AND WARRANTIES

 

To induce the other
parties hereto to enter into this Fourth Amendment, the Borrower and each Guarantor represents and warrants to each of the Lenders
and the Administrative Agent that, as of the Fourth Amendment Effective Date:

 

(a)            this
Fourth Amendment has been duly authorized, executed and delivered by the Borrower and each such Guarantor and constitutes, and
the Amended Credit Agreement constitutes, its legal, valid and binding obligation, enforceable against the Borrower and each such
Guarantor in accordance with its terms, except as such enforcement may be limited by bankruptcy, insolvency, reorganization, fraudulent
conveyance or transfer, moratorium or similar laws affecting creditors’ rights generally, and subject to general principles
of equity, regardless of whether considered in a proceeding in equity or at law and by principles of good faith and fair dealing;

 

(b)            each
of the representations and warranties made by any Loan Party in or pursuant to the Amended Credit Agreement or any other Loan Document
shall be true and correct in all material respects (except to the extent any such representation and warranty itself is qualified
by “materiality”, “Material Adverse Effect” or similar qualifier, in which case, it shall be true and correct
in all respects) on and as of the Fourth Amendment Effective Date as if made on and as of the Fourth Amendment Effective Date (unless
stated to relate to an earlier date, in which case such representations and warranties shall be true and correct in all material
respects (except to the extent any such representation and warranty itself is qualified by “materiality”, “Material
Adverse Effect” or similar qualifier, in which case, it shall have been true and correct in all respects) as of such earlier
date); and

 

(c)            no
Default or Event of Default shall have occurred and be continuing on the Fourth Amendment Effective Date.

 

Article VII

 

Effects
on LOAN Documents and reaffirmation of security interests

 

(a)            Except
as specifically amended herein or contemplated hereby, all Loan Documents shall continue to be in full force and effect and are
hereby in all respects ratified and confirmed. Except as specifically amended herein or contemplated hereby, the execution, delivery
and effectiveness of this Fourth Amendment shall not operate as a waiver of any right, power or remedy of any Lender or the Administrative
Agent under any of the Loan Documents, nor constitute a waiver of any provision of the Loan Documents or in any way limit, impair
or otherwise affect the rights and remedies of the Lenders or the Administrative Agent under the Loan Documents. The Borrower acknowledges
and agrees that, on and after the Fourth Amendment Effective Date, this Fourth Amendment and each of the other Loan Documents to
be executed and delivered by the Borrower in connection herewith shall constitute a Loan Document for all purposes of the Amended
Credit Agreement and the Amended Guarantee and Collateral Agreement. On and after the Fourth Amendment Effective Date, (i) each
reference in the Amended Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”
or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to “Credit Agreement”,
 “thereunder”, “thereof” or words of like import referring to the Credit Agreement shall mean and be a reference
to the Amended Credit Agreement, and this Fourth Amendment and the Amended Credit Agreement shall be read together and construed
as a single instrument and (ii) each reference in the Amended Guarantee and Collateral Agreement to “this Agreement”,
 “hereunder”, “hereof”, “herein” or words of like import referring to the Guarantee and Guarantee
and Collateral Agreement, and each reference in the other Loan Documents to “Guarantee and Collateral Agreement”, “thereunder”,
 “thereof” or words of like import referring to the Guarantee and Collateral Agreement shall mean and be a reference
to the Amended Guarantee and Collateral Agreement, and this Fourth Amendment and the Amended Guarantee and Collateral Agreement
shall be read together and construed as a single instrument. Nothing herein shall be deemed to entitle the Borrower or the Guarantors
to a further consent to, or a further waiver, amendment, modification or other change of, any of the terms, conditions, obligations,
covenants or agreements contained in the Amended Credit Agreement, the Amended Guarantee and Collateral Agreement or any other
Loan Document in similar or different circumstances.

 

    	 	13	 

    	 	 	 

    

 

(b)            Each
Guarantor hereby acknowledges that it has reviewed the terms and provisions of this Fourth Amendment and consents to (i) the
amendment of the Credit Agreement effected pursuant to this Fourth Amendment and (ii) the transactions contemplated by this
Fourth Amendment and the Amended Credit Agreement. Each Guarantor hereby (i) confirms that each Loan Document to which it
is a party or is otherwise bound and all Collateral encumbered thereby will continue to guarantee or secure, as the case may be,
to the fullest extent possible in accordance with the Loan Documents, the payment and performance of the Obligations, as the case
may be, including without limitation the payment and performance of all such applicable Obligations that are joint and several
obligations of each Grantor (as defined in the Guarantee and Collateral Agreement) now or hereafter existing, (ii) confirms
its respective grant to the Collateral Agent for the benefit of the Secured Parties of the security interest in and continuing
Lien on all of such Loan Party’s right, title and interest in, to and under all “Collateral” as defined in the
Guarantee and Collateral Agreement, in each case whether now owned or existing or hereafter acquired or arising and wherever located,
as collateral security for the prompt and complete payment and performance in full when due, whether at stated maturity, by required
prepayment, declaration, acceleration, demand or otherwise, of all applicable Obligations (including all such Obligations as amended,
reaffirmed and/or increased pursuant to this Fourth Amendment), subject to the terms contained in the applicable Loan Documents,
(iii) confirms its respective guarantees, pledges, grants of security interests and other obligations, as applicable, under
and subject to the terms of each of the Loan Documents to which it is a party, and (iv) acknowledges that the Lenders providing
Fourth Amendment Incremental Term Loans and Revolving Credit Commitments on the date hereof are "Lenders" and, in their
capacity as Lenders, "Secured Parties" for all purposes under the Loan Documents.

 

(c)            Each
Guarantor acknowledges and agrees that each of the Loan Documents to which it is a party or otherwise bound shall continue in full
force and effect and that all of its obligations thereunder shall be valid and enforceable and shall not be impaired or limited
by the execution or effectiveness of this Fourth Amendment.

 

    	 	14	 

    	 	 	 

    

 

Article VIII

 

MISCELLANEOUS

 

Section 8.1            Indemnification.
The Borrower hereby confirms that the indemnification provisions set forth in Sections 2.19 (except to the extent waived hereby)
and 8.7 of the Amended Credit Agreement shall apply to this Fourth Amendment and the transactions contemplated hereby.

 

Section 8.2            New
Arrangers and Syndication Agents. The Borrower, the Incremental Term Lenders and the Fourth Amendment Revolving Credit Lenders
agree that the Lead Arrangers and the Co-Documentation Agents shall be entitled to the privileges, indemnification, immunities
and other benefits afforded to the Arrangers, the Co-Syndication Agents and the Co-Documentation Agents pursuant to Article 8
of the Amended Credit Agreement and (b) except as otherwise agreed to in writing by the Borrower, the Lead Arrangers and the
Co-Documentation Agents shall have no duties, responsibilities or liabilities with respect to this Fourth Amendment, the Amended
Credit Agreement or any other Loan Document.

 

Section 8.3            Amendments;
Execution in Counterparts; Severability.

 

(a)            This
Fourth Amendment may not be amended nor may any provision hereof be waived except pursuant to a writing signed by the Borrower,
the Lenders party hereto and the Administrative Agent, in each case to the extent required by the Credit Agreement; and

 

(b)            To
the extent any provision of this Fourth Amendment is prohibited by or invalid under the applicable law of any jurisdiction, such
provision shall be ineffective only to the extent of such prohibition or invalidity and only in such jurisdiction, without prohibiting
or invalidating such provision in any other jurisdiction or the remaining provisions of this Fourth Amendment in any jurisdiction.

 

Section 8.4            Administrative
Agent. The Borrower acknowledges and agrees that Barclays, in its capacity as administrative agent under the Credit Agreement,
will serve as Administrative Agent under this Fourth Amendment and under the Amended Credit Agreement.

 

Section 8.5            Governing
Law; Waiver of Jury Trial; Jurisdiction. This Fourth Amendment shall be construed in accordance with and governed by the law
of the State of New York. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, ITS RESPECTIVE
RIGHTS TO TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY) ARISING OUT OF OR
IN CONNECTION WITH THIS FOURTH AMENDMENT, THE AMENDED CREDIT AGREEMENT OR ANY OTHER CREDIT DOCUMENT. The provisions of Sections
9.11 and 9.12 of the Amended Credit Agreement are incorporated herein by reference, mutatis mutandis.

 

Section 8.6            Headings.
Section headings in this Fourth Amendment are included herein for convenience of reference only, are not part of this Fourth
Amendment and are not to affect the construction of, or to be taken into consideration in interpreting, this Fourth Amendment.

 

    	 	15	 

    	 	 	 

    

 

Section 8.7            Counterparts.
This Fourth Amendment may be executed by one or more of the parties hereto on any number of separate counterparts, and all of said
counterparts taken together shall be deemed to constitute one and the same instrument. Signatures delivered by facsimile or PDF
or other electronic means shall have the same force and effect as manual signatures delivered in person. The words “execution,”
 “signed,” “signature,” and words of like import in this Fourth Amendment or in any amendment or other modification
hereof (including waivers and consents) shall be deemed to include electronic signatures, or the keeping of records in electronic
form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of
a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the
Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or
any other similar state laws based on the Uniform Electronic Transactions Act.

 

[Remainder of page intentionally left
blank.]

 

    	 	16	 

    	 	 	 

    

 

 

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

 

	 	Borrower:
	 	 
	 	B&G
    FOODS, INC.
	 	 
	 	By: 	/s/ Bruce
    C. Wacha
	 	Name: Bruce
    C. Wacha
	 	Title: Executive
    Vice President of Finance and Chief Financial Officer
	 	 
	 	Subsidiary
    Guarantors:

 

		B&G
                                         FOODS NORTH AMERICA, INC. 

B&G FOODS
SNACKS, INC.

BACK TO NATURE
FOODS COMPANY, LLC

BACK TO NATURE
FOODS SERVCO, LLC

BEAR CREEK
COUNTRY KITCHENS, LLC

BTN FOODS SERVCO
CORPORATION

BTN HOLDCO,
INC.

CLABBER GIRL
CORPORATION

WILLIAM UNDERWOOD
COMPANY

SPARTAN FOODS
OF AMERICA, INC.

VICTORIA FINE
FOODS, LLc

FARMWISE, LLC

 

	 	By	/s/ Bruce
    C. Wacha
	 	 	Name:
    Bruce C. Wacha
	 	 	Title:
        Executive Vice President of Finance and Chief Financial Officer

 

[Signature
Page to Fourth Amendment to Credit Agreement]

 

     

     

    

 

	 	BARCLAYS BANK PLC, as Administrative
    Agent and Collateral Agent
	 	 	 
	 	By:	/s/ Christopher
    M. Aitkin
	 	 	Name: 	Christopher M. Aitkin
	 	 	Title: 	Vice President

 

[Signature Page to Fourth Amendment
to Credit Agreement]

 

     

     

    

 

	 	BANK
    OF AMERICA, N.A., as Issuing Lender
	 	 	 
	 	By:	/s/ Jana
    L. Baker
	 	 	Name: 	Jana L. Baker
	 	 	Title: 	Senior Vice President

 

[Signature Page to Fourth Amendment
to Credit Agreement]

 

     

     

    

 

	 	BARCLAYS
    BANK PLC, as a Fourth Amendment Incremental Term Loan Lender
	 	 	 
	 	By:	/s/ Christopher
    M. Aitkin
	 	 	Name: 	Christopher M. Aitkin
	 	 	Title: 	Vice President

 

[Signature Page to Fourth Amendment
to Credit Agreement]

 

     

     

    

 

Exhibit A

Signature Page to Fourth Amendment
to Credit Agreement

(Fourth Amendment Incremental Revolving
Credit Lender)

 

The undersigned hereby
(i) irrevocably agrees and consents to the terms of this Fourth Amendment and the Amended Credit Agreement in its capacity
as a Fourth Amendment Revolving Credit Lender and a Replacement Lender and (ii) irrevocably commits to make the Fourth Amendment
Incremental Revolving Credit Commitments to the Borrowers in the amount set forth below and on such Schedule I next to such Fourth
Amendment Revolving Credit Lender’s name on the Fourth Amendment Effective Date, on the terms and subject to the conditions
as set forth in the Fourth Amendment.

 

	 	[__________________________],
    as a Fourth Amendment Incremental Revolving Credit Lender
	 	 
	 	By:	 
	 	Name:
	 	Title:
	 	 
	 	If a second
    signature is necessary:
	 	 
	 	By: 	                                                  
	 	Name:
	 	Title:
	 	 
	 	Amount of
    Fourth Amendment Incremental Revolving Credit Commitments: $_______________

 

     

     

    

 

Exhibit B 

Existing Revolving Lender Signature
Page to Fourth Amendment to Credit Agreement

(Revolving Lender Consent)

 

Revolving Lender Consent
to the Fourth Amendment to Credit Agreement, dated as of December 16, 2020 (the “Fourth Amendment”),
among B&G Foods, Inc., a Delaware corporation (the “Borrower”), the Lenders party thereto,
and Barclays Bank PLC (“Barclays”), as administrative agent (in such capacity, the “Administrative
Agent”). All capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the
Fourth Amendment.

 

The undersigned which
is an Existing Revolving Lender under the Credit Agreement hereby (i) irrevocably agrees and consents to the terms of this
Fourth Amendment and the Amended Credit Agreement in its capacity as a Fourth Amendment Revolving Credit Lender and a Replacement
Lender and (ii) irrevocably agrees to convert its Revolving Credit Commitments into Fourth Amendment Revolving Credit Commitments
as set forth in the Amended Credit Agreement in the amount set forth on Schedule I next to such Fourth Amendment Revolving Credit
Lender’s name on the Fourth Amendment Effective Date, on the terms and subject to the conditions set forth in the Fourth
Amendment.

 

	 	[__________________________], as a Fourth Amendment Revolving Credit Lender and a
    Replacement Lender
	 	 
	 	By:	 
	 	Name:
	 	Title:
	 	 
	 	If a second
    signature is necessary:
	 	 
	 	By: 	                                                  
	 	Name:
	 	Title:

 

     

     

    

 

Exhibit C 

Signature Page to Fourth Amendment
to Credit Agreement

(Consent)

 

The undersigned hereby
consents to the amendments to the Credit Agreement and the Guarantee and Collateral Agreement as set forth in the Fourth Amendment
in its capacity as a Lender, on the terms and subject to the conditions as set forth in the Fourth Amendment.

 

	 	[__________], as a Tranche B-4 Term Loan Lender
	 	 
	 	By:	 
	 	Name:
	 	Title:
	 	 
	 	If a second
    signature is necessary:
	 	 
	 	By: 	                                                  
	 	Name:
	 	Title:

 

     

     

    

 

EXHIBIT D

 

Master Assignment and Assumption Agreement

 

[See attached.]

 

     

     

    

 

EXHIBIT E

 

Amended Credit Agreement

 

[See attached.]

 

     

     

    

 

 

 

$1,150,000,000.001,550,000,000.00

AMENDED AND RESTATED CREDIT AGREEMENT

among

B&G FOODS, INC.,

as Borrower

THE LENDERS FROM TIME TO TIME PARTY HERETO

and

BARCLAYS BANK PLC,

as Administrative Agent and Collateral Agent

 

 

 

BARCLAYS BANK PLC, DEUTSCHE BANK SECURITIES
INC., RBC CAPITAL MARKETS1,
BOFA SECURITIES, INC., BMO CAPITAL MARKETS CORP., GOLDMAN SACHS BANK USA

and

JPMORGAN CHASE BANK, N.A.,

as Joint Lead Arrangers and Joint Bookrunners
with respect to the Tranche B-4 Term Loan Facility,

 

CREDIT SUISSE SECURITIES (USA) LLC, CAPITAL
ONE, NATIONAL ASSOCIATION, CITIGROUP GLOBAL MARKETS, INC., CITIZENS
BANK, N.A., COÖPERATIEVE RABOBANK U.A., NEW YORK BRANCH

and

TD SECURITIES (USA) LLC,

as Co-Managers and Co-Documentation Agents
with respect to the Tranche B-4 Term Loan Facility,

 

BARCLAYS
BANK PLC, DEUTSCHE BANK SECURITIES INC., ROYAL BANK OF CANADA, RBC CAPITAL MARKETS, BOFA SECURITIES, INC., BMO CAPITAL MARKETS
CORP., CITIGROUP GLOBAL MARKETS INC., CREDIT SUISSE LOAN FUNDING LLC, GOLDMAN SACHS BANK USA and JPMORGAN CHASE BANK, N.A.,

as Joint Lead Arrangers and Joint Bookrunners with respect to the Fourth Amendment Facilities,

 

CITIZENS
BANK, N.A., COÖPERATIEVE RABOBANK U.A., NEW YORK BRANCH, TD SECURITIES (USA) LLC, CAPITAL ONE, NATIONAL ASSOCIATION, SUMITOMO
MITSUI BANKING CORPORATION and COBANK, ACB,

as Co-Documentation Agents with respect to the Fourth Amendment Facilities,

 

CREDIT SUISSE SECURITIES (USA) LLC, BARCLAYS
BANK PLC,

RBC CAPITAL MARKETS, BANK OF AMERICA, N.A.,
BOFA SECURITIES, INC.,

DEUTSCHE BANK SECURITIES INC., CITIZENS BANK, N.A.,

TD SECURITIES (USA) LLC

and

COÖPERATIEVE RABOBANK U.A., NEW YORK
BRANCH

as Joint Lead Arrangers and Joint Bookrunners with respect to the Revolving Credit Facility,

 

BARCLAYS BANK PLC, RBC CAPITAL MARKETS,
BANK OF AMERICA, N.A., BOFA SECURITIES, INC. and DEUTSCHE BANK SECURITIES INC.,

as Co-Syndication Agents with respect to the Revolving Credit Facility,

CITIZENS BANK, N.A., TD BANK, N.A. and COÖPERATIEVE
RABOBANK U.A., NEW YORK BRANCH,

as Co-Documentation Agents with respect to the Revolving Credit Facility,

 

Dated as of October 2, 2015,

as amended by the First Amendment to Credit
Agreement, dated as of March 30, 2017,

by the Second Amendment to Credit Agreement,
dated as of November 20, 2017 and,

by the Third Amendment to Credit Agreement,
dated as of October 10, 2019

and
by the Fourth Amendment to Credit Agreement, dated as of December 16, 2020

 

 

 

1 RBC Capital Markets is a brand
name for the capital markets businesses of Royal Bank of Canada and its affiliates.

 

    	 	 	 

    	 	 	 

    

 

TABLE OF CONTENTS

 

Page

 

	Section 1. DEFINITIONS	3

 

	 	1.1	Defined Terms	3
	 	1.2	Other Definitional Provisions	47
	 	1.3	Pro Forma Basis	48
	 	1.4	Divisions	49

 

	Section 2. AMOUNT AND TERMS OF COMMITMENTS; LETTERS OF CREDIT	49

 

	 	2.1	Term Loan Commitments	49
	 	2.2	Procedure for Term Loan Borrowings	51
	 	2.3	Repayment of Term Loans	51
	 	2.4	Revolving Credit Commitments	52
	 	2.5	Procedure for Borrowing Revolving Credit Loans	53
	 	2.6	Repayment of Loans; Evidence of Debt	53
	 	2.7	Commitment Fees, Other Fees	54
	 	2.8	Termination or Reduction of Revolving Credit Commitments	55
	 	2.9	Optional Prepayments	55
	 	2.10	Mandatory Prepayments	56
	 	2.11	Conversion and Continuation Options	57
	 	2.12	Minimum Amounts and Maximum Number of Eurodollar Tranches	57
	 	2.13	Interest Rates and Payment Dates	57
	 	2.14	Computation of Interest and Fees	58
	 	2.15	Inability to Determine Interest Rate and Alternate Rate of Interest	58
	 	2.16	Pro Rata Treatment and Payments	60
	 	2.17	Requirements of Law	61
	 	2.18	Taxes	63
	 	2.19	Indemnity	66
	 	2.20	Illegality	66
	 	2.21	Change of Lending Office	66
	 	2.22	Substitution of Lenders	67
	 	2.23	L/C Commitment	68
	 	2.24	Procedure for Issuance of Letter of Credit	68
	 	2.25	Fees and Other Charges	69
	 	2.26	L/C Participations	69
	 	2.27	Reimbursement Obligation of the Borrower	70
	 	2.28	Obligations Absolute	71
	 	2.29	Letter of Credit Payments	71
	 	2.30	Applications	71
	 	2.31	Defaulting Lenders	71
	 	2.32	Incremental Loans and Commitments.	75

 

    	 	-ii-	 

    	 	 	 

    

 

	Section 3. REPRESENTATIONS AND WARRANTIES	78

 

	 	3.1	Financial Condition	78
	 	3.2	No Change	79
	 	3.3	Corporate Existence; Compliance with Law	79
	 	3.4	Corporate Power; Authorization; Enforceable Obligations	80
	 	3.5	No Legal Bar	80
	 	3.6	No Material Litigation	80
	 	3.7	No Default	80
	 	3.8	Ownership of Property; Liens	80
	 	3.9	Intellectual Property	81
	 	3.10	Taxes	81
	 	3.11	Federal Regulations	81
	 	3.12	Labor Matters	81
	 	3.13	ERISA	82
	 	3.14	Investment Company Act; Other Regulations	82
	 	3.15	Subsidiaries	82
	 	3.16	Use of Proceeds	82
	 	3.17	Environmental Matters	82
	 	3.18	Accuracy of Information, etc.	83
	 	3.19	Security Documents	84
	 	3.20	Solvency	84
	 	3.21	Anti-Terrorism Laws; Sanctions; Anti-Corruption Laws	84
	 	3.22	EEA Financial Institutions	85

 

	Section 4. CONDITIONS PRECEDENT	85

 

	 	4.1	Conditions to Restatement Funding Date	85
	 	4.2	Conditions to Each Extension of Credit	87

 

	Section 5. AFFIRMATIVE COVENANTS	88

 

	 	5.1	Financial Statements	88
	 	5.2	Certificates; Other Information	89
	 	5.3	Payment of Obligations	90
	 	5.4	Conduct of Business and Maintenance of Existence, etc	90
	 	5.5	Maintenance of Property; Insurance	90
	 	5.6	Inspection of Property; Books and Records; Discussions	90
	 	5.7	Notices	91
	 	5.8	Environmental Laws	91
	 	5.9	Additional Collateral, etc	91
	 	5.10	Further Assurances	93
	 	5.11	Ratings	93
	 	5.12	Use of Proceeds	93
	 	5.13	Beneficial Ownership Regulation	94

 

    	 	-iii-	 

    	 	 	 

    

 

	Section 6. NEGATIVE COVENANTS	94

 

	 	6.1	Financial Condition Covenants	94
	 	6.2	Limitation on Indebtedness	94
	 	6.3	Limitation on Liens	97
	 	6.4	Limitation on Fundamental Changes	99
	 	6.5	Limitation on Disposition of Property	100
	 	6.6	Limitation on Restricted Payments	101
	 	6.7	[Reserved.]	101
	 	6.8	Limitation on Investments	101
	 	6.9	Limitation on Optional Payments and Modifications of Debt Instruments, etc	103
	 	6.10	Limitation on Transactions with Affiliates	103
	 	6.11	Limitation on Sales and Leasebacks	104
	 	6.12	Limitation on Changes in Fiscal Periods	104
	 	6.13	Limitation on Negative Pledge Clauses	104
	 	6.14	Limitation on Restrictions on Subsidiary Distributions	105
	 	6.15	Limitation on Lines of Business	105

 

	Section 7. EVENTS OF DEFAULT	105

 

	Section 8. THE AGENTS; THE ARRANGERS	109

 

	 	8.1	Appointment	109
	 	8.2	Delegation of Duties	109
	 	8.3	Exculpatory Provisions	110
	 	8.4	Reliance by Administrative Agent	110
	 	8.5	Notice of Default	111
	 	8.6	Non-Reliance on Agents and Other Lenders	111
	 	8.7	Indemnification	112
	 	8.8	Administrative Agent in Its Individual Capacity	112
	 	8.9	Successor Agents	113
	 	8.10	Authorization to Release Liens; Other Actions Relating to Security Documents	113
	 	8.11	The Arrangers; the Co-Syndication Agents; the Co-Documentation Agents	114
	 	8.12	Certain Proceedings	114
	 	8.13	Withholding Taxes	114
	 	8.14	Certain ERISA Matters	115

 

    	 	-iv-	 

    	 	 	 

    

 

	Section 9. MISCELLANEOUS	118

 

	 	9.1	Amendments and Waivers	118
	 	9.2	Notices	119
	 	9.3	No Waiver; Cumulative Remedies	122
	 	9.4	Survival of Representations and Warranties	122
	 	9.5	Payment of Expenses	123
	 	9.6	Successors and Assigns; Participations and Assignments	124
	 	9.7	Adjustments; Set-off	128
	 	9.8	Counterparts	129
	 	9.9	Severability	129
	 	9.10	Integration	129
	 	9.11	GOVERNING LAW	129
	 	9.12	Submission To Jurisdiction; Waivers	130
	 	9.13	No Fiduciary Duty	130
	 	9.14	Confidentiality	131
	 	9.15	Release of Collateral Security and Guarantee Obligations	132
	 	9.16	Accounting Changes	133
	 	9.17	[Reserved.]	133
	 	9.18	WAIVERS OF JURY TRIAL	133
	 	9.19	Lender Action	134
	 	9.20	USA PATRIOT Act Notice	134
	 	9.21	Loan Modification Offers	134
	 	9.22	Usury Savings Clause	136
	 	9.23	Effect of Restatement	136
	 	9.24	Acknowledgement and Consent to Bail-In of EEA Financial Institutions	136
	 	9.25	Acknowledgement Regarding Any Supported QFCs	137

 

    	 	-v-	 

    	 	 	 

    

 

SCHEDULES:

 

		1.1(a)	Excluded Lenders

		1.1(b)	Existing Letters of Credit

		3.4	Consents, Authorizations, Filings and Notices

		3.9	Intellectual Property Claims

		3.15	Subsidiaries

		3.19(a)-1	UCC Filing Jurisdictions

		3.19(a)-2	UCC Financing Statements to Remain on File

		6.2(d)	Existing Indebtedness

		6.3(f)	Existing Liens

		6.10	Transactions with Affiliates

 

EXHIBITS:

 

		A	Form of Guarantee and Collateral Agreement

		B	Form of Compliance Certificate

		C	Form of Restatement Funding Date Certificate

		D	Form of Assignment and Assumption

		E	Form of Legal Opinion of Dechert LLP

		F-1	Form of Revolving Credit Note

		F-2	Form of Tranche A Term Note

		F-3	Form of Tranche B Term Note

		G-1	Form of U.S. Tax Compliance Certificate (For Foreign Lenders that are not Partnerships for U.S. Federal Income Tax Purposes)

		G-2	Form of U.S. Tax Compliance Certificate (For Foreign Participants that are not Partnerships for U.S. Federal Income Tax
Purposes)

		G-3	Form of U.S. Tax Compliance Certificate (For Foreign Lenders that are Partnerships for U.S. Federal Income Tax Purposes)

		G-4	Form of U.S. Tax Compliance Certificate (For Foreign Participants that are Partnerships for U.S. Federal Income Tax Purposes)

		H	Form of Solvency Certificate

 

    	 	-vi-	 

    	 	 	 

    

 

 

AMENDED AND RESTATED CREDIT AGREEMENT,
dated as of October 2, 2015 (as amended by the First Amendment to Credit Agreement, dated as of March 30, 2017, by the
Second Amendment to Credit Agreement, dated as of November 20, 2017 and,
by the Third Amendment to Credit Agreement, dated as of October 10, 2019 and
by the Fourth Amendment to Credit Agreement, dated as of December 16, 2020, and as further amended, restated,
amended and restated, supplemented or otherwise modified from time to time, this “Agreement”), among B&G
FOODS, INC., a Delaware corporation (the “Borrower”), the several banks and other financial institutions
or entities from time to time party hereto as lenders (the “Lenders”) and BARCLAYS BANK PLC, as administrative
agent for the Lenders (in such capacity, together with its successors and permitted assigns in such capacity, the “Administrative
Agent”) and collateral agent for the Secured Parties (in such capacity, together with its successors and permitted assigns
in such capacity, the “Collateral Agent”), with BARCLAYS BANK PLC (“Barclays”), DEUTSCHE
BANK SECURITIES INC., RBC CAPITAL MARKETS, BOFA SECURITIES, INC., BMO CAPITAL MARKETS CORP., GOLDMAN SACHS BANK USA and JPMORGAN
CHASE BANK, N.A., as joint lead arrangers and joint bookrunners with respect to the Tranche B-4 Term Loan Facility (collectively,
in such capacities, the “Tranche B-4 Arrangers”), CREDIT SUISSE SECURITIES (USA) LLC, CAPITAL ONE, NATIONAL
ASSOCIATION, CITIGROUP GLOBAL MARKETS, INC., CITIZENS BANK, N.A.,
COÖPERATIEVE RABOBANK U.A., NEW YORK BRANCH and TD SECURITIES (USA) LLC, as co-managers and co-documentation agents with respect
to the Tranche B-4 Term Loan Facility (collectively, in such capacities, the “Tranche B-4 Co-Documentation
Agents”), BARCLAYS BANK PLC, DEUTSCHE BANK SECURITIES INC., ROYAL BANK OF CANADA, RBC CAPITAL MARKETS, BOFA SECURITIES, INC.,
BMO CAPITAL MARKETS CORP., CITIGROUP GLOBAL MARKETS INC., CREDIT SUISSE LOAN FUNDING LLC, GOLDMAN SACHS BANK USA and JPMORGAN CHASE
BANK, N.A., as joint lead arrangers and joint bookrunners with respect to the Fourth Amendment Facilities (collectively, in such
capacities, the “Fourth Amendment Incremental Arrangers”), CITIZENS BANK, N.A., COÖPERATIEVE RABOBANK U.A., NEW
YORK BRANCH, TD SECURITIES (USA) LLC, CAPITAL ONE, NATIONAL ASSOCIATION, SUMITOMO MITSUI BANKING CORPORATION and COBANK, ACB (collectively,
in such capacities, the “Fourth Amendment Co-Documentation Agents”), CREDIT SUISSE SECURITIES (USA)
LLC (“CS Securities” and, together with its affiliates, “Credit Suisse”), Barclays, RBC CAPITAL
MARKETS (“RBCCM”), BOFA SECURITIES, INC. (“BofA Securities”), DEUTSCHE BANK SECURITIES
INC. (“DBSI”), CITIZENS BANK, N.A. (“Citizens”), TD SECURITIES (USA) LLC (“TD Securities”)
and COÖPERATIEVE RABOBANK U.A., NEW YORK BRANCH (“Rabobank”), as joint lead arrangers and joint bookrunners
with respect to the Revolving Credit Facility (collectively, in such capacities, the “Revolver Arrangers”, together
with the Tranche B-4 Arrangers and the Fourth Amendment Incremental
Arrangers, the “Arrangers”), Barclays, RBCCM, BofA Securities and DBSI, as co-syndication agents
with respect to the Revolving Credit Facility (collectively, in such capacities, the “Co-Syndication Agents”)
and Citizens, TD BANK, N.A. and Rabobank, as Co-Documentation Agents with respect to the Revolving Credit Facility (collectively,
in such capacities, the “Revolver Co-Documentation Agents”, and together with the Tranche B-4 Co-Documentation
Agents and the Fourth Amendment Co-Documentation Agents,
the “Co-Documentation Agents”).

 

    

     

    

 

RECITALS:

 

WHEREAS, the Borrower,
the lenders party thereto from time to time and Credit Suisse AG, as administrative agent for the lenders and collateral agent
for the secured parties were parties to the Credit Agreement, dated as of June 5, 2014 (as amended, restated, amended and
restated, supplemented or otherwise modified from time to time prior to the RestatementFourth
Amendment Effective Date, the “Existing Credit Agreement”);

 

WHEREAS, on the Restatement
Effective Date, the Borrower requested that the Tranche B Term Loan Lenders extend credit in the form of new Tranche B Term Loans
on the Restatement Funding Date, in an aggregate principal amount of $750,000,000;

 

WHEREAS, the proceeds
of the new Tranche B Term Loans were used solely for the purposes set forth in Section 3.16;

 

WHEREAS, the Lenders
are willing to extend credit to the Borrower on the terms and subject to the conditions set forth herein;

 

WHEREAS, on the First
Amendment Effective Date, the Borrower requested that Lenders lend to the Borrower $640,109,890.11 of Tranche B-2 Term Loans (as
hereinafter defined), the proceeds of which were used on the First Amendment Effective Date to refinance and repay all outstanding
Tranche B Term Loans; and

 

WHEREAS, on the Second
Amendment Effective Date, the Borrower requested that (a) Lenders lend to the Borrower $650,109,890.11 of Tranche B-3 Term
Loans (as hereinafter defined), the proceeds of which were used on the Second Amendment Effective Date (i) to refinance and
repay all outstanding Tranche B-2 Term Loans and (ii) for general corporate purposes.

 

WHEREAS, the Borrower
prepaid in full the Tranche A Term Loans and the Tranche B-3 Term Loans.

 

WHEREAS, on the Third
Amendment Effective Date, the Borrower requestsrequested
that Lenders lend to the Borrower $450,000,000.00 of Tranche B-4 Term Loans (as hereinafter defined), the proceeds of which shall
bewere used on the Third Amendment
Effective Date to, together with the proceeds of New Senior Notes to be issued on or about the Third Amendment Effective Date,
refinance Borrower’s existing Senior Notes due 2021 (the “Existing Senior Notes Due 2021”), pay certain
outstanding Revolving Credit Loans under this Agreement and to pay certain fees and expenses in connection with the foregoing.

 

WHEREAS,
on the Fourth Amendment Effective Date, (i) the Borrower requests that Lenders lend to the Borrower $300,000,000 of Incremental
Term Loans, the proceeds of which shall be used on the Fourth Amendment Effective Date to pay certain outstanding Revolving Credit
Loans under this Agreement and to pay certain fees and expenses in connection with the foregoing and (ii) the Borrower requests
that Revolving Credit Lenders convert their Revolving Credit Commitments into Extended Revolving Credit Commitments on the terms
set forth herein and that Lenders provide to the Borrower $100,000,000 of Incremental Revolving Commitments.

 

    2

     

    

 

WHEREAS,
on the Fourth Amendment Effective Date, (i) the Fourth Amendment Incremental Term Loans shall automatically and without further
action by any Person constitute additional Tranche B-4 Term Loans (and shall have the same terms as the Tranche B-4 Term Loans
after giving effect to the Fourth Amendment) and shall be part of the same class of Loans as the Tranche B-4 Term Loans and (ii) the
Fourth Amendment Incremental Term Loan Lenders shall automatically and without further action by any Person constitute Tranche
B-4 Term Loan Lenders, in each case for all purposes of this Agreement and the other Loan Documents.

 

NOW, THEREFORE, in
consideration of the above premises and the agreements hereinafter set forth, the parties hereto hereby agree as follows:

 

Section 1.
DEFINITIONS

 

1.1            Defined
Terms. As used in this Agreement, the terms listed in this Section 1.1 shall have the respective meanings set
forth in this Section 1.1.

 

“Acquired Business”:
substantially all of the assets comprising the Green Giant® and Le Sueur® brands business, including the “Transferred
Assets” and “Assumed Liabilities” under and as defined in the Acquisition Agreement.

 

“Acquired Business
Material Adverse Effect”: means any change, effect, event, occurrence or state of facts that, individually or when taken
together with all other such changes, effects, events, occurrences or states of fact, has a material adverse effect (i) on
the business, condition (financial or otherwise) or results of operations of the Acquired Business (including the Transferred Assets
and Assumed Liabilities), (ii) on the ability of Seller to consummate the Acquisition and/or (iii) the ability of Seller
to substantially perform those of its obligations under the Transition Services Agreement and the Co-Manufacturing Agreement that
are necessary to avoid Purchaser being deprived of a substantial portion of the benefits of the Acquisition (taking into account
the availability of alternative arrangements for the provision of such services and the potential for an adequate monetary remedy
for any failure to so perform such obligations). For purposes of this Agreement, “Acquired Business Material Adverse Effect”
excludes any change, effect, event, occurrence or state of facts to the extent resulting from (A) changes in Applicable Law
or applicable accounting regulations or principles to the extent not materially and disproportionately affecting the Acquired Business
as compared to other parties in its industries, (B) any outbreak or escalation of hostilities or war or any act of terrorism
to the extent not materially and disproportionately affecting the Acquired Business as compared to other parties in its industries,
(C) changes in the United States, Canadian or Mexican economies, financial markets or geopolitical conditions in general,
to the extent not materially and disproportionately affecting the Acquired Business as compared to other parties in its industries,
(D) changes in industries relating to the Acquired Business in general and not specifically relating to the Acquired Business
(including fluctuations in prices of vegetable inputs), to the extent not materially and disproportionately affecting the Acquired
Business as compared to other parties in its industries, (E) the failure, in and of itself (that is, this clause (E) will
not prevent a determination that any change, effect, event, occurrence or state of facts underlying such failure, as opposed to
such failure itself, has resulted in a Acquired Business Material Adverse Effect, so long as such underlying change, effect, event,
occurrence of state of facts is not otherwise excluded from this definition of Acquired Business Material Adverse Effect), of the
Acquired Business to meet any published or internally prepared estimates of revenues, earnings or other financial projections,
performance measures or operating statistics, and (F) the execution or announcement of the Purchase Agreement (including the
identity of Purchaser) or any of the Ancillary Agreements and the consummation or announcement of the transactions contemplated
hereby or thereby (including the threatened or actual impact on relationships of the Acquired Business with customers, vendors,
suppliers, distributors, landlords or employees). Capitalized terms used in the definition of Acquired Business Material Adverse
Effect above shall have the meaning assigned to such terms in the Acquisition Agreement.

 

    3

     

    

 

“Acquisition”:
the acquisition by B&GNA and its Affiliates from the Seller and its Affiliates of the Acquired Business.

 

“Acquisition
Agreement”: the Asset Purchase Agreement, dated as of September 2, 2015, between the Seller, B&GNA and the Borrower.

 

“Administrative
Agent”: as defined in the preamble hereto.

 

“Affected
Financial Institution”: (a) any EEA Financial Institution or (b) any UK Financial Institution.

 

“Affiliate”:
as to any Person, any other Person which, directly or indirectly, is in control of, is controlled by, or is under common control
with, such Person. For purposes of this definition, “control” of a Person means the power, directly or indirectly,
to direct or cause the direction of the management and policies of such Person, whether by contract or otherwise.

 

“Agents”:
the collective reference to the Administrative Agent and the Collateral Agent.

 

“Aggregate Exposure”:
with respect to any Lender at any time, an amount equal to the sum of (a) the aggregate then unpaid principal amount of such
Lender’s Tranche B-4 Term Loans and (b) the amount of such Lender’s Revolving Credit Commitment then in effect
or, if the Revolving Credit Commitments have been terminated, the amount of such Lender’s Revolving Extensions of Credit
then outstanding.

 

“Aggregate Exposure
Percentage”: with respect to any Lender at any time, the ratio (expressed as a percentage) of such Lender’s Aggregate
Exposure at such time to the sum of the Aggregate Exposures of all Lenders at such time.

 

“Agreement”:
as defined in the preamble hereto.

 

    4

     

    

 

“All-In Yield”:
as to any Indebtedness, the yield thereof, whether in the form of interest rate, margin, original issue discount, upfront fees
or Eurodollar Rate or Base Rate “floor”, in each case, incurred or payable ratably to all lenders of such Indebtedness;
provided that (a) original issue discount and upfront fees shall be equated to interest based on assumed four-year
life to maturity (or, if less, the stated life to maturity at the time of incurrence of the applicable Indebtedness), (b) subject
to the foregoing clause (a), “All-In Yield” shall not include prepayment premiums, arrangement, commitment, structuring,
syndication, underwriting, placement, success, advisory, ticking and unused line, consent and amendment fees or any other fees
payable in connection therewith (regardless of whether shared or paid, in whole or in part, with or to any or all lenders) that
are not generally paid ratably to all lenders providing such Indebtedness or to one or more arrangers, bookrunners, syndication
and/or documentation agents (or their affiliates) thereof, and (c) if the Other Term Loans include an interest rate floor
greater than the applicable interest rate floor under the Tranche B-4 Term Loans that are Eurodollar Loans, such differential between
interest rate floors shall be equated to the applicable interest rate margin for purposes of determining whether an increase to
the interest rate margin under the Tranche B-4 Term Loans that are Eurodollar Loans shall be required, but only to the extent an
increase in the interest rate floor in the Tranche B-4 Term Loans that are Eurodollar Loans would cause an increase in the interest
rate then in effect thereunder, and in such case the interest rate floor (but not the interest rate margin) applicable to the Tranche
B-4 Term Loans that are Eurodollar Loans shall be increased to the extent of such differential between interest rate floors.

 

“Alternative
Currency”: any currency which as of the time of any issuance or renewal, as applicable, of a Permitted Foreign Currency
Letter of Credit is freely tradeable and convertible into Dollars and has been approved as an “Alternative Currency”
for the purposes of this Agreement by the Foreign Currency L/C Issuing Lender.

 

“Amendment Agreement”:
means the Amendment Agreement, dated as of the Restatement Effective Date, effecting, among other things, the amendment and restatement
of the Existing Credit Agreement.

 

“Anti-Corruption
Laws”: shall mean all laws, rules, and regulations of any jurisdiction applicable to the Loan Parties from time to time
concerning or relating to bribery or corruption, including without limitation the FCPA, the UK Bribery Act 2010 and other similar
legislation in any other jurisdictions.

 

“Anti-Terrorism
Laws”: shall mean any laws relating to terrorism or money laundering, including Executive Order No. 13224, the PATRIOT
Act, the laws comprising or implementing the Bank Secrecy Act, and the laws administered by OFAC (as any of the foregoing laws
may from time to time be amended, renewed, extended, or replaced).

 

    5

     

    

 

“Applicable
Margin”: (a) with respect to the Tranche B-4 Term Loans, 1.50% in the case of Base Rate Loans, and 2.50% in the
case of Eurodollar Loans, (b) with respect to the Revolving Credit Loans, a percentage per annum determined by reference to
the Consolidated Leverage Ratio in effect from time to time as set forth below:

 

	Consolidated 

Leverage Ratio	 	Applicable Margin for

 Revolving Loans that are Base 

Rate Loans	 	 	Applicable Margin for

 Revolving Loans that are

 Eurodollar Loans	 
	> 4.00:1.00	 	 	0.75	%	 	 	1.75	%
	< 4.00:1.00
 > 3.50:1.00
	 	 	0.50	%	 	 	1.50	%
	< 3.50:1.00	 	 	0.25	%	 	 	1.25	%

 

(c) with respect to Other Term Loans, the margin to be
added to the Base Rate or Eurodollar Rate, as the case may be, as agreed upon by the Borrower and the Lender or Lenders providing
the Incremental Term Loan Commitment relating thereto as provided in Section 2.32, (d) with respect to Extended Term
Loans, such percentage as shall be agreed to by the Borrower and the applicable Extending Term Lenders as shown in the applicable
Loan Modification Offer, and (e) with respect to any Extended Revolving Credit Commitment, such percentage as shall be agreed
to by the Borrower and the applicable Revolving Credit Lenders pursuant to the applicable Revolving Extension Notice.

 

No change in the Applicable Margin shall
be effective until three Business Days after the date on which the Administrative Agent shall have received the applicable financial
statements and a Compliance Certificate pursuant to Section 5.2(a) calculating the Consolidated Leverage Ratio. At any
time the Borrower has not submitted to the Administrative Agent the applicable information as and when required under Section 5.1,
the Applicable Margin shall be determined as if the Consolidated Leverage Ratio were in excess of 4.00:1.00. Within one Business
Day of receipt of the applicable information under Section 5.1, the Administrative Agent shall give each Lender telefacsimile
or telephonic notice (confirmed in writing) of the Applicable Margin in effect from such date. In the event that any financial
statement or certificate delivered pursuant to Section 5.1 or 5.2(a) is shown to be inaccurate (at a time when this Agreement
is in effect and unpaid Obligations under this Agreement are outstanding (other than contingent obligations in respect of which
no assertion of liability (whether oral or written) and no claim or demand for payment (whether oral or written) has been made
(and, in the case of Obligations for indemnification, no notice for indemnification has been issued by the indemnitee) at such
time), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any period (an “Applicable
Period”) than the Applicable Margin applied for such Applicable Period, then (x) the Borrower shall immediately
deliver to the Administrative Agent a correct certificate required by Section 5.2(a) for such Applicable Period and (y) the
Borrower shall immediately pay to the Administrative Agent the accrued additional interest owing as a result of such increased
Applicable Margin for such Applicable Period. Nothing in this paragraph shall limit the right of the Administrative Agent or any
Lender under Section 2.13(c) or Section 7.

 

“Application”:
an application, in such form as the applicable Issuing Lender may specify from time to time, requesting such Issuing Lender to
open a Letter of Credit.

 

“Approved Fund”:
with respect to any Lender (other than an Excluded Lender) that is a fund that invests in commercial loans, any other fund that
invests in commercial loans and is managed or advised by the same investment advisor as such Lender or by an Affiliate of such
investment advisor.

 

“Arrangers”:
as defined in the preamble hereto.

 

“Asset Sale”:
any Disposition of Property or series of related Dispositions of Property (excluding any such Disposition permitted by clause (a),
(b), (c), (d) or (g) of Section 6.5) which yields gross proceeds to the Borrower or any of its Subsidiaries (valued
at the initial principal amount thereof in the case of non-cash proceeds consisting of notes or other debt securities and valued
at fair market value in the case of other non-cash proceeds) in excess of $10,000,000.

 

    6

     

    

 

“Assignee”:
as defined in Section 9.6(d).

 

“Assignment
and Assumption”: each Assignment and Assumption, substantially in the form of Exhibit D, executed and delivered
pursuant to Section 9.6.

 

“Assignor”:
as defined in Section 9.6(d).

 

“Attributable
Debt”: in respect of a sale and leaseback transaction, at the time of determination, the present value of the obligation
of the lessee for net rental payments during the remaining term of the lease included in such sale and leaseback transaction including
any period for which such lease has been extended or may, at the option of the lessor, be extended. Such present value shall be
calculated using a discount rate equal to the rate of interest implicit in such transaction, determined in accordance with GAAP;
provided, however, that if such sale and leaseback transaction results in a Capital Lease Obligation, the amount
of Attributable Debt represented thereby will be determined in accordance with the definition of “Capital Lease Obligations.”

 

“Available Amount”:
at any time, the sum of (a) $40,000,000, plus (b) the cumulative amount of Excess Cash Flow of the Borrower and
its Subsidiaries for the Available Amount Reference Period plus (c) the amount of Net Cash Proceeds received by the
Borrower from the issuance of Capital Stock (other than Disqualified Stock and other than Capital Stock issued to any directors,
officers or employees pursuant to compensation arrangements) of the Borrower (or capital contributions in respect thereof) after
the Original Closing Date, but only to the extent such Net Cash Proceeds are not otherwise applied to build the basket under clause
(i) of the definition of “Permitted Acquisition” or under Section 6.8(o), plus (d) an amount
equal to any return (including dividends, interest, distributions, returns of principal and profits on sale) received by the Borrower
or any of the Borrower’s Subsidiaries in cash in respect of any Investments made using the Available Amount pursuant to Section 6.8(n) for
the Available Amount Reference Period; provided that such amount may not exceed the original Investment made using the Available
Amount pursuant to Section 6.8(n) for the Available Amount Reference Period, minus (e) the aggregate amount
of Restricted Payments made pursuant to Section 6.6(b)(ii) for the Available Amount Reference Period, minus (f) the
aggregate amount of Investments made using the Available Amount pursuant to Section 6.8(n) for the Available Amount Reference
Period, minus (g) [reserved], minus (h) the aggregate amount of any refinancing, repayment, redemption,
repurchase, retirement or other acquisition for consideration of Indebtedness made with the proceeds of the Available Amount pursuant
to Section 6.9(a)(C) for the Available Amount Reference Period.

 

“Available Amount
Reference Period”: the period commencing on the Original Closing Date and ending on the last day of the most recent Fiscal
Quarter or fiscal year for which financial statements required to be delivered pursuant to Section 5.1(a) or 5.1(b),
as applicable, and the related certificate required to be delivered pursuant to Section 5.2(a), have been received by the
Administrative Agent.

 

“Available Revolving
Credit Commitment”: as to any Lender at any time, an amount equal to the excess, if any, of (a) such Lender’s
Revolving Credit Commitment then in effect over (b) such Lender’s Revolving Extensions of Credit then outstanding.

 

    7

     

    

 

“B&GNA”:
B&G Foods North America, Inc., a Delaware corporation and a wholly owned Subsidiary of the Borrower.

 

“Bail-In Action”:
means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution
Authority in respect of any liability of an EEAAffected
Financial Institution.

 

“Bail-In Legislation”:
means, (a) with
respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council
of the European Union, the implementing law, regulation, rule or
requirement for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule.
and (b) with respect to the United Kingdom,
Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable
in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions
or their affiliates (other than through liquidation, administration or other insolvency proceedings).

 

“Base Rate”:
for any day, a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate plus 0.50%, (b) the Prime
Rate and (c) the Eurodollar Rate determined on such date (or if such day is not a Business Day, the immediately preceding
Business Day) for a deposit in Dollars with a maturity of one month plus 1.00% (or, if such day is not a Business Day, the immediately
preceding Business Day); provided that if any of the rates set forth above shall be less than zero percent per annum, such rate
shall be deemed to be zero percent per annum for purposes of this Agreement. Any change in such rate announced by the Administrative
Agent shall take effect at the opening of business on the day specified in the public announcement of such change. For purposes
of this definition, “Prime Rate” means the rate of interest last quoted by The Wall Street Journal as the “Prime
Rate” in the U.S. or, if The Wall Street Journal ceases to quote such rate, the highest per annum interest rate published
by the Federal Reserve Board in Federal Reserve Statistical Release H.15 (519) (Selected Interest Rates) as the “bank prime
loan” rate or, if such rate is no longer quoted therein, any similar rate quoted therein (as determined by the Administrative
Agent) or any similar release by the Federal Reserve Board (as determined by the Administrative Agent). If the Base Rate is being
used as an alternate rate of interest pursuant to Section 2.15 hereof, then the Base Rate shall be the greater of clause (a) and
(b) above and shall be determined without reference to clause (c) above.

 

“Base Rate Loans”:
Loans for which the applicable rate of interest is based upon the Base Rate.

 

“Benchmark Replacement”:
means the sum of: (a) the alternate benchmark rate (which may include Term SOFR) that has been selected by the Administrative
Agent and the Borrower giving due consideration to (i) any selection or recommendation of a replacement rate or the mechanism
for determining such a rate by the Relevant Governmental Body or (ii) any evolving or then-prevailing market convention for
determining a rate of interest as a replacement to LIBO Rate for U.S. dollar-denominated syndicated credit facilities and (b) the
Benchmark Replacement Adjustment; provided that, if the Benchmark Replacement as so determined would be less than zero, the Benchmark
Replacement will be deemed to be zero for the purposes of this Agreement.

 

“Benchmark Replacement
Adjustment”: means, with respect to any replacement of LIBO Rate with an Unadjusted Benchmark Replacement for each applicable
Interest Period, the spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive
or negative value or zero) that has been selected by the Administrative Agent and the Borrower giving due consideration to (i) any
selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement
of LIBO Rate with the applicable Unadjusted Benchmark Replacement by the Relevant Governmental Body or (ii) any evolving or
then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment,
for the replacement of LIBO Rate with the applicable Unadjusted Benchmark Replacement for U.S. dollar-denominated syndicated credit
facilities at such time.

 

    8

     

    

 

“Benchmark Replacement
Conforming Changes”: means, with respect to any Benchmark Replacement, any technical, administrative or operational changes
(including changes to the definition of “Base Rate,” the definition of “Interest Period,” timing and frequency
of determining rates and making payments of interest and other administrative matters) that the Administrative Agent decides may
be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the administration thereof
by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides
that adoption of any portion of such market practice is not administratively feasible or if the Administrative Agent determines
that no market practice for the administration of the Benchmark Replacement exists, in such other manner of administration as the
Administrative Agent decides is reasonably necessary in connection with the administration of this Agreement).

 

“Benchmark Replacement
Date”: means the earlier to occur of the following events with respect to LIBO Rate:

 

(1) in the case
of clause (1) or (2) of the definition of “Benchmark Transition Event,” the later of (a) the date of
the public statement or publication of information referenced therein and (b) the date on which the administrator of LIBO
Rate permanently or indefinitely ceases to provide LIBO Rate; or

 

(2) in the case
of clause (3) of the definition of “Benchmark Transition Event,” the date of the public statement or publication
of information referenced therein.

 

“Benchmark Transition
Event”: means the occurrence of one or more of the following events with respect to LIBO Rate:

 

(1) a public statement
or publication of information by or on behalf of the administrator of LIBO Rate announcing that such administrator has ceased or
will cease to provide LIBO Rate, permanently or indefinitely, provided that, at the time of such statement or publication, there
is no successor administrator that will continue to provide LIBO Rate;

 

(2) a public statement
or publication of information by the regulatory supervisor for the administrator of LIBO Rate, the U.S. Federal Reserve System,
an insolvency official with jurisdiction over the administrator for LIBO Rate, a resolution authority with jurisdiction over the
administrator for LIBO Rate or a court or an entity with similar insolvency or resolution authority over the administrator for
LIBO Rate, which states that the administrator of LIBO Rate has ceased or will cease to provide LIBO Rate permanently or indefinitely,
provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide
LIBO Rate; or

 

    9

     

    

 

(3) a public statement
or publication of information by the regulatory supervisor for the administrator of LIBO Rate announcing that LIBO Rate is no longer
representative.

 

“Benchmark Transition
Start Date”: means (a) in the case of a Benchmark Transition Event, the earlier of (i) the applicable Benchmark
Replacement Date and (ii) if such Benchmark Transition Event is a public statement or publication of information of a prospective
event, the 30th day prior to the expected date of such event as of such public statement or publication of information (or if the
expected date of such prospective event is fewer than 30 days after such statement or publication, the date of such statement or
publication) and (b) in the case of an Early Opt-in Election, the date specified by the Administrative Agent or the Required
Lenders, as applicable, by notice to the Borrower, the Administrative Agent (in the case of such notice by the Required Lenders)
and the Lenders.

 

“Benchmark Unavailability
Period”: means, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred with respect
to LIBO Rate and solely to the extent that LIBO Rate has not been replaced with a Benchmark Replacement, the period (x) beginning
at the time that such Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced LIBO Rate
for all purposes hereunder in accordance with Section 2.15 and (y) ending at the time that a Benchmark Replacement
has replaced LIBO Rate for all purposes hereunder pursuant to Section 2.15.

 

“Beneficial
Ownership Certification”: means a certification regarding beneficial ownership required by the Beneficial Ownership Regulation,
which certification shall be substantially similar in form and substance to the form of Certification Regarding Beneficial Owners
of Legal Entity Customers published jointly, in May 2018, by the Loan Syndications and Trading Association and Securities
Industry and Financial Markets Association.

 

“Beneficial Ownership Regulation”:
means United States 31 C.F.R. § 1010.230.

 

“Benefited Lender”: as
defined in Section 9.7.

 

“BHC Act Affiliate”
of a party means an “affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k))
of such party.

 

“Board”:
the Board of Governors of the Federal Reserve System of the United States (or any successor).

 

“Bona Fide Lending
Entity”: any bona fide (i) debt fund, (ii) investment vehicle, (iii) regulated bank entity or (iv) non-regulated
lending entity that is engaged in purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions
of credit in the ordinary course of business.

 

“Borrower”:
as defined in the preamble hereto.

 

    10

     

    

 

“Borrower Materials”:
as defined in Section 9.2.

 

“Borrowing Date”:
any Business Day specified by the Borrower as a date on which the Borrower requests the relevant Lenders to make Loans hereunder.

 

“Business Day”:
(i) for all purposes other than as covered by clause (ii) below, a day other than a Saturday, Sunday or other day on
which commercial banks in New York City are authorized or required by law to close and (ii) with respect to all notices and
determinations in connection with, and payments of principal and interest on, Eurodollar Loans, any day which is a Business Day
described in clause (i) and which is also a day for trading by and between banks in Dollar deposits in the interbank eurodollar
market.

 

“Calculation
Date”: with respect to each Permitted Foreign Currency Letter of Credit, during the period that such Permitted Foreign
Currency Letter of Credit is outstanding (i) the last Business Day of each Fiscal Quarter, (ii) the date on which such
Permitted Foreign Currency Letter of Credit is to be issued or renewed by the Foreign Currency L/C Issuing Lender, and (iii) the
date on which any draft presented under such Permitted Foreign Currency Letter of Credit is paid by the Foreign Currency L/C Issuing
Lender.

 

“Capital Expenditures”:
for any period, with respect to any Person, the aggregate of all expenditures by such Person and its Subsidiaries for the acquisition
or leasing (pursuant to a capital lease) of fixed or capital assets or additions to equipment (including replacements, capitalized
repairs and improvements during such period) which should be capitalized under GAAP on a consolidated balance sheet of such Person
and its Subsidiaries but excluding (a) expenditures financed with (i) the Net Cash Proceeds from any Reinvestment Event
or (ii) the proceeds of a Revolving Loan in the amount of Net Cash Proceeds of any Reinvestment Event that were previously
used to reduce the amount of the Revolving Loans; (b) expenditures made in cash to fund the purchase price for assets acquired
in Permitted Acquisitions or incurred by the Person acquired in the Permitted Acquisition prior to (but not in anticipation of)
the closing of such Permitted Acquisition; and (c) expenditures financed with Indebtedness permitted under Section 6.2.

 

“Capital Lease
Obligations”: as to any Person, the obligations of such Person to pay rent or other amounts under any lease of (or other
arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to
be classified and accounted for as capital leases on a balance sheet of such Person under GAAP, and, for the purposes of this Agreement,
the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP.

 

“Capital Stock”:
any and all shares, interests, participations or other equivalents (however designated) of capital stock of a corporation, any
and all equivalent ownership interests in a Person (other than a corporation) and any and all warrants, rights or options to purchase
any of the foregoing, but excluding any debt securities convertible into, or exchangeable for, any of the foregoing.

 

    11

     

    

 

“Capital Stock
Equivalents”: all securities convertible into or exchangeable for Capital Stock or any other Capital Stock Equivalent
and all warrants, options or other rights to purchase, subscribe for or otherwise acquire any Capital Stock or any other Capital
Stock Equivalent, whether or not presently convertible, exchangeable or exercisable.

 

“Cash
Management Agreement”: any agreement to provide cash management services, including treasury, depository (including interstate
depository network services), overdraft, card services (including services related to credit cards, including purchasing and commercial
cards, prepaid cards, including payroll, stored value and gift cards, merchant services processing and debit cards), electronic
funds transfer, merchant process services, supply chain finance, automated clearinghouse transactions, return items, any direct
debit scheme or arrangement and other cash management arrangements.

 

“Cash
Management Bank”: any Person that, (a) at the time it enters into a Cash Management Agreement with the Borrower or any
of its Subsidiaries, is a Lender, the Administrative Agent or an Affiliate of a Lender or the Administrative Agent, in its capacity
as a party to such Cash Management Agreement, and (b) in the case of any Cash Management Agreement entered into prior to,
and existing on, the Fourth Amendment Effective Date, any Person that is, on the Fourth Amendment Effective Date, a Lender or the
Administrative Agent or Affiliate of a Lender or the Administrative Agent, in its capacity as a party to such Cash Management Agreement.

 

“Cash Equivalents”:
(a) marketable direct obligations issued by, or unconditionally guaranteed by, the United States government or issued by any
agency thereof and backed by the full faith and credit of the United States, in each case maturing within one year from the date
of acquisition; (b) certificates of deposit, time deposits, eurodollar time deposits or overnight bank deposits having maturities
of six months or less from the date of acquisition issued by any Lender or by any commercial bank organized under the laws of the
United States of America or any state thereof having combined capital and surplus of not less than $500,000,000; (c) commercial
paper of an issuer rated at least A-2 by S&P or P-2 by Moody’s, or carrying an equivalent rating by a nationally recognized
rating agency, if both of the two named rating agencies cease publishing ratings of commercial paper issuers generally, and maturing
within six months from the date of acquisition; (d) repurchase obligations of any Lender or of any commercial bank satisfying
the requirements of clause (b) of this definition, having a term of not more than 30 days with respect to securities issued
or fully guaranteed or insured by the United States government; (e) securities with maturities of one year or less from the
date of acquisition issued or fully guaranteed by any state, commonwealth or territory of the United States, by any political subdivision
or taxing authority of any such state, commonwealth or territory or by any foreign government, the securities of which state, commonwealth,
territory, political subdivision, taxing authority or foreign government (as the case may be) are rated at least A by S&P or
A by Moody’s; (f) securities with maturities of six months or less from the date of acquisition backed by standby letters
of credit issued by any Lender or any commercial bank satisfying the requirements of clause (b) of this definition; and (g) shares
of money market mutual or similar funds which invest exclusively in assets satisfying the requirements of clauses (a) through
(f) of this definition.

 

    12

     

    

 

“Change in Law”:
the occurrence, after the date of this Agreement, of any of the following: (a) the adoption of any law, rule or regulation
or treaty after the date of this Agreement, (b) any change in any law, rule or regulation or treaty or in the administration,
interpretation, implementation or application thereof by any Governmental Authority after the date of this Agreement or (c) compliance
by any Lender or the Issuing Lender (or, for purposes of Section 2.17, by any lending office of such Lender or by such Lender’s
or the Issuing Lender’s holding company, if any) with any request, guideline or directive (whether or not having the force
of law) of any Governmental Authority made or issued after the date of this Agreement; provided that, notwithstanding anything
herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines
or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives promulgated
by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or
the United States or foreign regulatory authorities, in each case under this clause (ii), pursuant to or in connection with Basel
III, shall in each case be deemed to be a “Change in Law”, regardless of the date enacted, adopted or issued.

 

“Closing Date”:
June 5, 2014.

 

“Co-Documentation
Agents”: as defined in the preamble hereto.

 

“Co-Syndication
Agents”: as defined in the preamble hereto.

 

“Code”:
the Internal Revenue Code of 1986, as amended from time to time.

 

“Collateral”:
all Property of the Loan Parties, now owned or hereafter acquired, upon which a Lien is purported to be created by any Security
Document.

 

“Collateral
Agent”: as defined in the preamble hereto.

 

“Commitment”:
with respect to any Lender, such Lender’s Tranche A Term Loan Commitment, Tranche B Term Loan Commitment, Tranche B-2 Term
Loan Commitment, Tranche B-3 Term Loan Commitment, Tranche B-4 Term Loan Commitment (including
the Fourth Amendment Incremental Term Loan Commitments), Revolving Credit Commitment or Incremental Term Loan Commitment.

 

“Commitment
Fee Rate”: 1⁄2 of 1.00% per annum.

 

“Commodity Exchange
Act”: the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute.

 

“Communications”:
as defined in Section 9.2.

 

“Compliance
Certificate”: a certificate duly executed by a Responsible Officer substantially in the form of Exhibit B.

 

“Confidential
Information Memorandum”: the Confidential Information Memorandum of the Borrower dated May 15, 2014.

 

    13

     

    

 

“Consolidated
EBITDA”: of any Person for any period, Consolidated Net Income of such Person and its Subsidiaries for such period plus,
without duplication and to the extent reflected as a charge in the statement of such Consolidated Net Income for such period, the
sum of (a) income tax expense, (b) Consolidated Interest Expense of such Person and its Subsidiaries, amortization or
writeoff of debt discount and debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness,
(c) depreciation and amortization expense, (d) amortization of intangibles (including, but not limited to, goodwill)
and organization costs, (e) any extraordinary, unusual or non-recurring expenses or losses (including, whether or not otherwise
includable as a separate item in the statement of such Consolidated Net Income for such period, losses on sales of assets outside
of the ordinary course of business), (f) the amount of any non-cash compensation deduction as the result of any potential
grant of Capital Stock or Capital Stock Equivalents to employees, officers, directors or consultants and (g) any other non-cash
charges, and minus, to the extent included in the statement of such Consolidated Net Income for such period, the sum of
(a) interest income (except to the extent deducted in determining Consolidated Interest Expense), (b) any extraordinary,
unusual or non-recurring income or gains (including, whether or not otherwise includable as a separate item in the statement of
such Consolidated Net Income for such period, gains on the sales of assets outside of the ordinary course of business), and (c) any
other non-cash income, all as determined on a consolidated basis.

 

“Consolidated
Interest Coverage Ratio”: for any period, the ratio on a Pro Forma Basis of (a) Consolidated EBITDA of the Borrower
and its Subsidiaries for such period to (b) Consolidated Interest Expense of the Borrower and its Subsidiaries for such period
payable in cash.

 

“Consolidated
Interest Expense”: of any Person for any period, (a) total interest expense (including that attributable to Capital
Lease Obligations) of such Person and its Subsidiaries for such period with respect to all outstanding Indebtedness of such Person
and its Subsidiaries (including, without limitation, all commissions, discounts and other fees and charges owed by such Person
with respect to letters of credit and bankers’ acceptance financing and net costs of such Person under Hedge Agreements in
respect of interest rates to the extent such net costs are allocable to such period in accordance with GAAP, but excluding any
deferred financing costs relating to the incurrence of any Indebtedness) minus (b) the total interest income of such Person
for such period, determined in accordance with GAAP. Consolidated Interest Expense shall be deemed to include all amounts characterized
as of the Closing Date as interest in accordance with GAAP as in effect on the Closing Date, whether or not such payment is characterized
as interest under GAAP thereafter.

 

“Consolidated
Leverage Ratio”: as at the last day of any period of four consecutive Fiscal Quarters, the ratio on a Pro Forma Basis
of (a) Consolidated Total Debt on such day to (b) Consolidated EBITDA of the Borrower and its Subsidiaries for such period.

 

“Consolidated
Net Income”: of any Person for any period, the consolidated net income (or loss) of such Person and its Subsidiaries
for such period, determined on a consolidated basis in accordance with GAAP; provided that in calculating Consolidated Net
Income of the Borrower and its consolidated Subsidiaries for any period, there shall be excluded (a) the income (or deficit)
of any Person accrued prior to the date it becomes a Subsidiary or is merged into or consolidated with the Borrower or any of its
Subsidiaries, (b) the income (or deficit) of any Person (other than a Subsidiary) in which the Borrower or any of its Subsidiaries
has an ownership interest, except to the extent that any such income is actually received by the Borrower or such Subsidiary in
the form of dividends or similar distributions and (c) the undistributed earnings of any Subsidiary to the extent that the
declaration or payment of dividends or similar distributions by such Subsidiary is not at the time permitted by the terms of any
Contractual Obligation (other than under any Loan Document, the Senior Note Indenture, the Senior Notes, the New Senior Note Indenture,
the New Senior Notes, or agreements governing other Indebtedness permitted under Section 6.2 that comply with Section 6.14)
or Requirement of Law applicable to such Subsidiary.

 

    14

     

    

 

“Consolidated
Senior Secured Debt”: all Consolidated Total Debt other than any Consolidated Total Debt that is unsecured and/or has
been subordinated to the Obligations pursuant to an agreement reasonably satisfactory to the Administrative Agent.

 

“Consolidated
Senior Secured Leverage Ratio”: as of the last day of any period of four consecutive Fiscal Quarters, the ratio on a
Pro Forma Basis of (a) Consolidated Senior Secured Debt on such day to (b) Consolidated EBITDA of the Borrower and its
Subsidiaries for such period.

 

“Consolidated
Total Assets”: at any date, the total property and assets of Borrower and its Subsidiaries at such date, determined on
a consolidated basis (on a pro forma basis after giving effect to any Permitted Acquisitions or any Investments or dispositions
permitted hereunder or by the other Loan Documents).

 

“Consolidated
Total Debt”: at any date, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such
date, determined on a consolidated basis less the aggregate amount of cash and Cash Equivalents of the Borrower and its
Subsidiaries at such date that is not Restricted Cash.

 

“Contractual
Obligation”: as to any Person, any provision of any security issued by such Person or of any agreement, instrument or
other undertaking to which such Person is a party or by which it or any of its Property is bound.

 

“Control Investment
Affiliate”: as to any Person, any other Person that (a) directly or indirectly, is in control of, is controlled
by, or is under common control with, such Person and (b) is organized by such Person primarily for the purpose of making equity
or debt investments in one or more companies. For purposes of this definition, “control” of a Person means the power,
directly or indirectly, to direct or cause the direction of the management and policies of such Person whether by contract or otherwise.

 

“Covered Entity”
means any of the following:

 

		(a)	a “covered entity” as that term is defined in, and interpreted in accordance with,
12 C.F.R. § 252.82(b);

 

		(b)	a “covered bank” as that term is defined in, and interpreted in accordance with, 12
C.F.R. § 47.3(b); or

 

		(c)	a “covered FSI” as that term is defined in, and interpreted in accordance with, 12
C.F.R. § 382.2(b).

 

    15

     

    

 

“Credit Agreement
Refinancing Indebtedness”: (a) Permitted Second Priority Refinancing Debt or (b) Permitted Unsecured Refinancing
Debt, in each case, issued, incurred or otherwise obtained (including by means of the extension or renewal of existing Indebtedness)
in exchange for, or to extend, renew, replace or refinance, in whole or part, existing Term Loans (including any successive Credit
Agreement Refinancing Indebtedness) (“Refinanced Debt”); provided that (i) such extending, renewing
or refinancing Indebtedness is in an original aggregate principal amount not greater than the aggregate principal amount of the
Refinanced Debt except by an amount equal to a reasonable premium or other similar amount paid, and fees and expenses reasonably
incurred, in connection with such Refinanced Debt, (ii) such Indebtedness has a later maturity and a Weighted Average Life
to Maturity equal to or greater than the Refinanced Debt and (iii) such Refinanced Debt shall be repaid, defeased or satisfied
and discharged, and all accrued interest, fees and premiums (if any) in connection therewith shall be paid, on the date such Credit
Agreement Refinancing Indebtedness is issued, incurred or obtained.

 

“Debtor Relief
Laws”: the Bankruptcy Code of the United States of America, and all other liquidation, conservatorship, bankruptcy, assignment
for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws
of the United States or other applicable jurisdictions from time to time in effect.

 

“Default”:
any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both,
would constitute an Event of Default.

 

“Default Excess”:
means, as at the date of computation thereof with respect to any Defaulting Lender, the sum of the amounts of defaulted Revolving
Credit Loans and defaulted payments of such Lender at such date.

 

“Default Right”
has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1,
as applicable.

 

“Defaulting
Lender”: subject to Section 2.31(b), any Lender that (a) has failed to (i) fund all or any portion of
its Loans within two Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the
Administrative Agent and the Borrower in writing that such failure is the result of such Lender’s determination that one
or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically
identified in such writing) has not been satisfied, or (ii) pay to the Administrative Agent, the Issuing Lender or any other
Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit) within
two Business Days of the date when due, (b) has notified the Borrower, the Administrative Agent or the Issuing Lender in writing
that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect (unless
such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position
is based on such Lender’s determination that a condition precedent to funding (which condition precedent, together with any
applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed,
within three Business Days after written request by the Administrative Agent or the Borrower, to confirm in writing to the Administrative
Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender
shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative
Agent and the Borrower), or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a
proceeding under any Debtor Relief Law, (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator,
assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including
the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity, or (iii) become
the subject of a Bail-in Action; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership
or acquisition of any Capital Stock in that Lender or any direct or indirect parent company thereof by a Governmental Authority
so long as such ownership interest does not result in or provide such Lender 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 Lender (or such Governmental
Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by the
Administrative Agent that a Lender is a Defaulting Lender under clauses (a) through (d) above (which determination, for
the avoidance of doubt, shall not be required for a Lender to be a Defaulting Lender) shall be conclusive and binding absent manifest
error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.31(b)) upon delivery of written notice
of such determination to the Borrower, the Issuing Lender and each Lender.

 

    16

     

    

 

“Derivatives
Counterparty”: as defined in Section 6.6.

 

“Disposition”:
with respect to any Property, any sale, lease, sale and leaseback, assignment, conveyance, transfer or other disposition thereof;
and the terms “Dispose” and “Disposed of” shall have correlative meanings.

 

“Disqualified
Stock”: any Capital Stock that, by its terms (or by the terms of any security into which it is convertible, or for which
it is exchangeable, in each case, at the option of the holder of such Capital Stock), or upon the happening of any event, matures
or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the option of the holder of
such Capital Stock, in whole or in part, on or prior to the date that is 91 days after the Latest Maturity Date. Notwithstanding
the preceding sentence, any Capital Stock that would constitute Disqualified Stock solely because the holders of such Capital Stock
have the right to require the Borrower to repurchase such Capital Stock upon the occurrence of a change of control or an asset
sale will not constitute Disqualified Stock if the terms of such Capital Stock provide that the Borrower may not repurchase or
redeem any such Capital Stock pursuant to such provisions unless such repurchase or redemption is permitted under Section 6.6.

 

“Dollar Equivalent”:
at any time, as to any amount denominated in an Alternative Currency, the equivalent amount in Dollars as determined on the basis
of the Exchange Rate for the purchase of Dollars with such Alternative Currency as of the most recent Calculation Date.

 

“Dollars”
and “$”: lawful currency of the United States of America.

 

“Domestic Subsidiary”:
any Subsidiary of the Borrower organized under the laws of any jurisdiction within the United States of America.

 

“Earliest Term
Loan Maturity Date” means the Tranche B-4 Term Loan Maturity Date or, if applicable, the earliest scheduled maturity
date of any other tranche of Term Loans hereunder.

 

    17

     

    

 

“Early Opt-in
Election” means the occurrence of:

 

(1) (i) a determination
by the Administrative Agent and the Borrower or (ii) a notification by the Required Lenders to the Administrative Agent (with
a copy to the Borrower) that the Required Lenders have determined that U.S. dollar-denominated syndicated credit facilities being
executed at such time, or that include language similar to that contained in Section 2.15, are being executed or amended,
as applicable, to incorporate or adopt a new benchmark interest rate to replace LIBO Rate, and

 

(2) (i) the
joint election by the Administrative Agent and the Borrower or (ii) the election by the Required Lenders to declare that an
Early Opt-in Election has occurred and the provision by the Administrative Agent or the Required Lenders, as applicable, of written
notice of such election to each of the other parties hereto.

 

“EEA Financial
Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is
subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a
parent of an institution described in clause (a) of this definition, or (c) any financial institution established in
an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and
is subject to consolidated supervision with its parent;

 

“EEA Member
Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

 

“EEA Resolution
Authority” means any public administrative authority or any person entrusted with public administrative authority of
any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

 

“Environmental
Laws”: any and all laws, rules, orders, regulations, statutes, ordinances, enforceable guidelines, codes, decrees, or
other legally enforceable requirements (including, without limitation, common law) of any international authority, foreign government,
the United States, or any state, local, municipal or other governmental authority, regulating, relating to or imposing liability
or standards of conduct concerning protection of the environment or of human health, or employee health and safety, as has been,
is now, or may at any time hereafter be, in effect.

 

“Environmental
Permits”: any and all permits, licenses, approvals, registrations, notifications, exemptions and other authorizations
required under any Environmental Law.

 

“ERISA”:
the Employee Retirement Income Security Act of 1974, as amended from time to time, the regulations promulgated thereunder and any
successor statute.

 

“ERISA Affiliate”:
any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Sections
414(b), 414(c), 414(m) or 414(o) of the Code, or solely for purposes of Section 302 or 303 of ERISA or Section 412
or 430 of the Code, is treated as a single employer under Section 414 of the Code.

 

    18

     

    

 

“ERISA Event”:
(a) any Reportable Event, (b) the failure of any Plan to meet the minimum funding standard of Section 412 or 430
of the Code or Section 302 or 303 of ERISA, in each case, whether or not waived, (c) the filing pursuant to Section 412(c) of
the Code or Section 302(c) of ERISA of an application for a waiver of the minimum funding standard with respect to any
Plan, (d) the incurrence by the Borrower or any of its ERISA Affiliates of any liability under Title IV of ERISA with respect
to the termination of any Plan or the withdrawal or partial withdrawal of the Borrower or any of its ERISA Affiliates from any
Plan or Multiemployer Plan, (e) the receipt by the Borrower or any of its ERISA Affiliates from the PBGC or a plan administrator
of any notice relating to the intention to terminate any Plan or Plans or to appoint a trustee to administer any Plan under Sections
4041 and 4042 of ERISA, respectively, (f) the adoption of any amendment to a Plan that would require the provision of security
pursuant to Section 436(f) of the Code, (g) the receipt by the Borrower or any of its ERISA Affiliates of any notice,
or the receipt by any Multiemployer Plan from the Borrower or any of its ERISA Affiliates of any notice, concerning the imposition
of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, Insolvent or in Reorganization,
or a determination that any Multiemployer Plan is, or is expected to be, in “critical” or “endangered”
status under Section 432 of the Code or Section 305 of ERISA, (h) the occurrence of a “prohibited transaction”
(within the meaning of Section 4975 of the Code or Section 406 of ERISA) with respect to which the Borrower or any of
the Subsidiaries is a “disqualified person” (within the meaning of Section 4975 of the Code), a “party in
interest” (within the meaning of Section 3(14) of ERISA) or with respect to which the Borrower or any such Subsidiary
could otherwise be liable or (i) any Foreign Benefit Event.

 

“EU Bail-In
Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor
person), as in effect from time to time.

 

“Eurocurrency
Reserve Requirements”: for any day, the aggregate (without duplication) of the maximum rates (expressed as a decimal
fraction) of reserve requirements in effect on such day (including, without limitation, basic, supplemental, marginal and emergency
reserves) under any regulations of the Board or other Governmental Authority having jurisdiction with respect thereto dealing with
reserve requirements prescribed for eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation
D of the Board) maintained by a member bank of the Federal Reserve System.

 

    19

     

    

 

“Eurodollar
Base Rate”: for any Interest Period as to any Eurodollar Rate Loan, (i) the rate per annum determined by the Administrative
Agent to be the offered rate which appears on the page of the Reuters Screen which displays the London interbank offered rate
administered by ICE Benchmark Administration Limited (such page currently being the LIBOR01 page) (the “LIBO Rate”)
for deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period in Dollars,
determined as of approximately 11:00 a.m. (London, England time), two Business Days prior to the commencement of such Interest
Period, or (ii) in the event the rate referenced in the preceding clause (i) does not appear on such page or service
or if such page or service shall cease to be available, the rate determined by the Administrative Agent to be the offered
rate on such other page or other service which displays the LIBO Rate for deposits (for delivery on the first day of such
Interest Period) with a term equivalent to such Interest Period in Dollars, determined as of approximately 11:00 a.m. (London,
England time) two Business Days prior to the commencement of such Interest Period; (the preceding clauses (i) and (ii), the
 “LIBO Screen Rate”) provided that if LIBO Rates are quoted under either of the preceding clauses (i) or
(ii), but there is no such quotation for the Interest Period elected, the LIBO Rate shall be equal to the Interpolated Rate; provided
that if any of the rates set forth above shall be less than zero percent per annum, such rate shall be deemed to be zero percent
per annum for purposes of this Agreement. For purposes of this definition (i) “Interpolated Rate” means
in relation to the LIBO Rate, the rate which results from interpolating on a linear basis between: (a) the applicable LIBO
Rate for the longest period (for which that LIBO Rate is available) which is less than the Interest Period of that Loan; and (b) the
applicable LIBO Rate for the shortest period (for which that LIBO Rate is available) which exceeds the Interest Period of that
Loan, each as of approximately 11:00 a.m. (London, England time) two Business Days prior to the commencement of such Interest
Period of that Loan; and (ii) “Federal Funds Effective Rate” means for any day, the rate calculated by
the Federal Reserve Bank of New York based on such day's federal funds transactions by depository institutions (as determined in
such manner as the Federal Reserve Bank of New York shall set forth on its public website from time to time) and published on the
next succeeding Business Day by the Federal Reserve Bank of New York as the federal funds effective rate; provided further
that in no event shall the LIBO Rate be less than zero.

 

“Eurodollar
Loans”: Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

 

“Eurodollar
Rate”: with respect to each day during each Interest Period pertaining to a Eurodollar Loan, a rate per annum determined
for such day in accordance with the following formula:

 

	 	Eurodollar Base Rate	 
	 	1.00- Eurocurrency Reserve Requirements	 

 

provided that the Eurodollar
Rate shall not be less than 0.00% per annum.

 

“Eurodollar
Tranche”: the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which
begin on the same date and end on the same later date (whether or not such Eurodollar Loans shall originally have been made on
the same day).

 

“Event of Default”:
any of the events specified in Section 7, provided that any requirement for the giving of notice, the lapse of time,
or both, has been satisfied.

 

“Excess Cash
Flow”: for any Fiscal Quarter or fiscal year of the Borrower (a) Consolidated EBITDA for such period (provided
that, for the purpose of this definition, Consolidated EBITDA shall not be calculated on a Pro Forma Basis), minus (b) the
sum, without duplication, of (i) the amount of any Taxes imposed by any Governmental Authority payable in cash by the Borrower
and its Subsidiaries with respect to such period (including payment of withholding taxes on behalf of employees in connection with
equity compensation awards of Capital Stock or Capital Stock Equivalents), (ii) Consolidated Interest Expense for such period
paid in cash, (iii) Capital Expenditures made in cash during such period and (iv) mandatory amortization payments pursuant
to Sections 2.3(a) and 2.3(c) made in cash by the Borrower and its Subsidiaries during such period.

 

    20

     

    

 

 

 

“Exchange Act”:
the Securities Exchange Act of 1934, as amended.

 

“Exchange Rate”:
on any day, with respect to any Alternative Currency, the spot rate at which Dollars are offered on such day by the Foreign Currency
L/C Issuing Lender in New York, New York (or such other location selected by the Foreign Currency L/C Issuing Lender) for such
Alternative Currency.

 

“Excluded Issuance”:
an issuance and sale of Capital Stock (other than Disqualified Stock) of the Borrower to any of its equity holders.

 

“Excluded Lender”:
(a) each person set forth on Schedule 1.1(a) and (b) any other person and their respective Controlled Investment
Affiliates named by the Borrower, in good faith, which is engaged in the same or similar line of business as the Borrower or any
of its Subsidiaries and in each case designated by name by the Borrower as such from time to time after the Closing Date in a certificate
duly executed by a Responsible Officer of Borrower (in each case other than the Arrangers and their respective affiliates and any
Bona Fide Lending Entity). Any supplement to such list of Excluded Lenders pursuant to clause (b) above will become effective
two (2) Business Days after delivery to the Administrative Agent and shall be posted to the Lenders as a supplement to Schedule
1.1(a). In no event shall a supplement apply retroactively to disqualify any Lender as of the date of such supplement who has previously
acquired an interest in the Loans or Commitments, but upon the effectiveness of such designation, any such Lender may not acquire
any additional Loans or Commitments or participations in Loans or Commitments.

 

“Excluded Swap
Obligation”: with respect to any Guarantor, (x) as it relates to all or a portion of the Guarantee of such Guarantor,
any Swap Obligation if, and to the extent that, such Swap Obligation (or any Guarantee thereof) is or becomes illegal under the
Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official
interpretation of any thereof) by virtue of such Guarantor’s failure for any reason to constitute an “eligible contract
participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the Guarantee of such Guarantor
becomes effective with respect to such Swap Obligation or (y) as it relates to all or a portion of the grant by such Guarantor
of a security interest, any Swap Obligation if, and to the extent that, such Swap Obligation (or such security interest in respect
thereof)  is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures
Trading Commission (or the application or official interpretation of any thereof) by virtue of such Guarantor’s failure for
any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations
thereunder at the time the security interest of such Guarantor becomes effective with respect to such Swap Obligation. If a Swap
Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such
Swap Obligation that is attributable to swaps for which such Guarantee or security interest is or becomes illegal.

 

    21

     

    

 

“Excluded Taxes”:
with respect to the Administrative Agent, any Lender, the Issuing Lender or any other recipient of any payment to be made by or
on account of any obligation of the Borrower hereunder, (a) income or franchise taxes imposed on (or measured by) its net
income by the United States of America, or by the jurisdiction under the laws of which such recipient is organized or in which
its principal office is located or, in the case of any Lender, in which its applicable lending office is located, or as a result
of a present or former connection between the Administrative Agent, any Lender or the Issuing Lender, as applicable, and the jurisdiction
imposing such tax (other than a connection arising by reason of such Person having executed, delivered, become a party to, performed
its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction
pursuant to or enforced its rights under, or sold or assigned an interest in this Agreement or any other Loan Document), (b) any
branch profits taxes imposed by the United States of America or any similar tax imposed by any other jurisdiction described in
clause (a) above, (c) any backup withholding tax that is required by the Code to be withheld from amounts payable
to a Lender as a result of such Lender’s failure to comply with Section 2.18(e)(ii) hereof, (d) in the case
of a Foreign Lender (other than an assignee pursuant to a request by the Borrower under Section 2.22), any U.S. federal withholding
tax that is imposed on amounts payable to such Foreign Lender under laws in effect at the time such Foreign Lender becomes a party
to this Agreement (or designates a new lending office) or is attributable to such Foreign Lender’s failure to comply with
Section 2.18(e), except to the extent that such Foreign Lender (or its assignor, if any) was entitled, at the time of designation
of a new lending office (or assignment), to receive additional amounts from the Borrower with respect to such withholding tax pursuant
to Section 2.18(a) and (e) any U.S. federal withholding Taxes imposed under FATCA.

 

“Existing Issuing
Lender”: Bank of America, as issuer of the Existing Letters of Credit.

 

“Existing Letters
of Credit”: the letters of credit described in Schedule II of the SecondFourth
Amendment.

 

“Existing Senior
Notes Due 2021”: as defined in the Recitals.

 

“Existing Tranche”:
as defined in Section 9.21(a).

 

“Extended Revolving
Credit Commitment”: as defined in Section 9.21(b).

 

“Extended Term
Loans”: as defined in Section 9.21(a).

 

“Extending Term
Lender”: as defined in Section 9.21(a).

 

“Extension”:
as defined in Section 9.21(b).

 

“Extension Election”:
as defined in Section 9.21(a).

 

“Facility”:
each of (a) the Tranche A Term Loan Commitments and the Tranche A Term Loans made thereunder (the “Tranche A Term
Loan Facility”), (b) the Tranche B Term Loan Commitments and the Tranche B Term Loans made thereunder (the “Tranche
B Term Loan Facility”), (c) the Tranche B-2 Term Loan Commitments and the Tranche B-2 Term Loans made thereunder
(the “Tranche B-2 Term Loan Facility”), (d) the Tranche B-3 Term Loan Commitments and the Tranche B-3 Term
Loans made thereunder (the “Tranche B-3 Term Loan Facility”), (e) the Tranche B-4 Term Loan Commitments
and the Tranche B-4 Term Loans made thereunder (the “Tranche B-4 Term Loan Facility”), (f) the Revolving
Credit Commitments and the extensions of credit made thereunder (the “Revolving Credit Facility”) and (g) the
extensions of credit made under any other separate tranche of Loans or Commitments hereunder consisting of (i) Extended Term
Loans converted from existing Term Loans, (ii) any new tranche of Revolving Credit Commitments established as a result of
Revolving Extension Notices or (iii) Incremental Term Loans as provided in Section 2.32.

 

    22

     

    

 

“Fair Market
Value”: the value that would be paid by a willing buyer to an unaffiliated willing seller in a transaction not involving
distress or necessity of either party, determined in good faith by the board of directors of the Borrower.

 

“FATCA”:
Sections 1471 through 1474 of the Code (as of the Closing Date), any regulations or other official interpretations thereof and
shall also include any amended or successor versions of such legislation that are substantively comparable and that contain requirements
to avoid withholding which are not materially more onerous than the requirements to avoid withholding under the current legislation
(and any future regulations and official interpretations), any agreements entered into pursuant to Section 1471(b)(1) of
the Code, any intergovernmental agreement between a non-U.S. jurisdiction and the United States of America with respect to the
foregoing and any law, regulation or practice adopted pursuant to any such intergovernmental agreement.

 

“FCPA”:
United States Foreign Corrupt Practices Act of 1977, as amended.

 

“Federal Funds
Effective Rate”: for any day, the weighted average of the rates on overnight federal funds transactions with members
of the Federal Reserve System arranged by federal funds brokers, as published on the next succeeding Business Day by the Federal
Reserve Bank of New York, or, if such rate is not so published for any day which is a Business Day, the average of the quotations
for the day of such transactions received by the Administrative Agent from three federal funds brokers of recognized standing selected
by it.

 

“Federal Reserve
Bank of New York’s Website”: means the website of the Federal Reserve Bank of New York at http://www.newyorkfed.org,
or any successor source.

 

“First Amendment”:
that certain First Amendment to Credit Agreement, dated as of March 30, 2017, by and among the Borrower, the Lenders party
thereto, the Administrative Agent and the Collateral Agent.

 

“First Amendment
Effective Date”: as defined in the First Amendment.

 

“Fiscal Quarter”:
a fiscal quarter of any fiscal year of the Borrower.

 

“Foreign Benefit
Event”: with respect to any Foreign Pension Plan, (a) the existence of unfunded liabilities in excess of the amount
permitted under any applicable law, or in excess of the amount that would be permitted absent a waiver from a Governmental Authority,
or (b) the failure to make the required contributions or payments, under any applicable law, on or before the due date for
such contributions or payments.

 

“Foreign Currency
L/C Issuing Lender”: with respect to any Permitted Foreign Currency Letters of Credit, the issuer thereof that, at the
time such Permitted Foreign Currency Letter of Credit was issued, was the Issuing Lender hereunder.

 

    23

     

    

 

“Foreign Lender”:
any Lender that is not a “United States person” as defined in Section 7701(a)(30) of the Code.

 

“Foreign Pension
Plan”: any employee benefit plan that would be a Plan but for the fact that such employee benefit plan is maintained
outside of the United States (but excluding any plan, program or arrangement maintained or mandated by a Governmental Authority).

 

“Foreign Subsidiary”:
any Subsidiary of the Borrower that is not a Domestic Subsidiary.

 

“Foreign Subsidiary
Holding Company”: any Domestic Subsidiary of the Borrower that wholly-owns the stock of one or more Foreign Subsidiaries
and which is disregarded for United States federal income tax purposes as an entity that is separate from its owner but only so
long as such Subsidiary has no assets other than the stock of one or more Foreign Subsidiaries and de minimis other assets.

 

“Fourth
Amendment”: that certain Fourth Amendment to Credit Agreement, dated as of December 16, 2020, by and among the Borrower,
the Subsidiary Guarantors, the Lenders party thereto, the Administrative Agent and the Collateral Agent.

 

“Fourth
Amendment Effective Date”: as defined in the Fourth Amendment.

 

“Fourth
Amendment Facilities”: the Fourth Amendment Incremental Term Loan Facility and the Fourth Amendment Revolving Credit Facility,
each as defined in the Fourth Amendment.

 

“Fourth
Amendment Incremental Term Loan Commitment”: as defined in the Fourth Amendment.

 

“Fourth
Amendment Incremental Term Loan Lender”: any Lender with a Fourth Amendment Incremental Term Loan Commitment or an outstanding
Fourth Amendment Incremental Term Loan.

 

“Fourth
Amendment Incremental Term Loans”: the term loans made by the Fourth Amendment Incremental Term Loan Lender to the Borrower
pursuant to the Fourth Amendment.

 

“Fronting Exposure”:
at any time there is a Defaulting Lender, with respect to the Issuing Lender, such Defaulting Lender’s Revolving Credit Percentage
of the L/C Obligations with respect to Letters of Credit issued by the Issuing Lender other than L/C Obligations as to which such
Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with
the terms hereof.

 

“Funded Debt”:
as to any Person, all Indebtedness of such Person of the types described in clauses (a) through (e) of the definition
of “Indebtedness” in this Section.

 

“Funding Office”:
the office specified from time to time by the Administrative Agent as its funding office by notice to the Borrower and the Lenders.

 

    24

     

    

 

“GAAP”:
generally accepted accounting principles in the United States of America as in effect from time to time, except that for purposes
of Section 6.1, GAAP shall be determined on the basis of such principles in effect on the Closing Date and consistent with
those used in the preparation of the most recent audited financial statements referred to in Section 3.1(b).

 

“Governmental
Authority”: the government of the United States of America or any other nation, or of any political subdivision thereof,
whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising
executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including
any supra-national bodies such as the European Union or the European Central Bank).

 

“Guarantee and
Collateral Agreement”: the Guarantee and Collateral Agreement, dated as of June 5, 2014, by and among the Borrower
and the other Grantors (as defined therein) in favor of the Collateral Agent, as the same may be amended, restated, amended and
restated, supplemented or otherwise modified from time to time.

 

“Guarantee Obligation”:
as to any Person (the “guaranteeing person”), any obligation of (a) the guaranteeing person or (b) another
Person (including, without limitation, any bank under any letter of credit), if to induce the creation of such obligation of such
other Person the guaranteeing person has issued a reimbursement, counterindemnity or similar obligation, in either case guaranteeing
or in effect guaranteeing any Indebtedness, leases, dividends or other obligations (the “primary obligations”)
of any other third Person (the “primary obligor”) in any manner, whether directly or indirectly, including,
without limitation, any obligation of the guaranteeing person, whether or not contingent, (i) to purchase any such primary
obligation or any Property constituting direct or indirect security therefor, (ii) to advance or supply funds (1) for
the purchase or payment of any such primary obligation or (2) to maintain working capital or equity capital of the primary
obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase Property, securities
or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor
to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the owner of any such primary obligation
against loss in respect thereof; provided, however, that the term Guarantee Obligation shall not include endorsements
of instruments for deposit or collection in the ordinary course of business or customary and reasonable indemnity obligations in
effect on the Closing Date or entered into in connection with any acquisition or disposition of assets permitted under this Agreement.
The amount of any Guarantee Obligation of any guaranteeing person shall be deemed to be the lower of (a) an amount equal to
the stated or determinable amount of the primary obligation in respect of which such Guarantee Obligation is made and (b) the
maximum amount for which such guaranteeing person may be liable pursuant to the terms of the instrument embodying such Guarantee
Obligation, unless such primary obligation and the maximum amount for which such guaranteeing person may be liable are not stated
or determinable, in which case the amount of such Guarantee Obligation shall be such guaranteeing person’s maximum reasonably
anticipated liability in respect thereof as determined by the Borrower in good faith.

 

“Hedge Agreements”:
with respect to any Person or its Subsidiaries, all interest rate or currency swaps, caps or collar agreements or similar arrangements
entered into by such Person or its Subsidiaries providing for protection against fluctuations in interest rates or currency exchange
rates or the exchange of nominal interest obligations, either generally or under specific contingencies.

 

    25

     

    

 

“Hedging Obligations”:
with respect to any specified Person, the obligations of such Person under Hedge Agreements.

 

“Highest Lawful
Rate”: the maximum lawful interest rate, if any, that at any time or from time to time may be contracted for, charged,
or received under the laws applicable to any Lender which are presently in effect or, to the extent allowed by law, under such
applicable laws which may hereafter be in effect and which allow a higher maximum nonusurious interest rate than applicable laws
now allow.

 

“Incremental
Assumption Agreement”: anthe
Fourth Amendment and any other Incremental Assumption Agreement among, and in form and substance reasonably satisfactory
to, the Borrower, the Administrative Agent and one or more Incremental Term Lenders or Incremental Revolving Lenders, as applicable.

 

“Incremental
Revolving Commitment”: the Fourth Amendment Incremental
Revolving Credit Commitments and any other commitment of any Lender, established pursuant to Section 2.32,
to make Incremental Revolving Loans to the Borrower.

 

“Incremental
Revolving Lender”: a Lender with an Incremental Revolving Commitment or an outstanding Incremental Revolving Loan.

 

“Incremental
Revolving Loans”: revolving loans made by one or more Lenders to the Borrower pursuant to Section 2.4(b).

 

“Incremental
Term Borrowing”: a Borrowing comprised of Incremental Term Loans.

 

“Incremental
Term Lender”: a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

 

“Incremental
Term Loan Commitment”: the Fourth Amendment Incremental
Term Loan Commitments and any other commitment of any Lender, established pursuant to Section 2.32, to make
Incremental Term Loans to the Borrower.

 

“Incremental
Term Loan Maturity Date”: the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental
Assumption Agreement.

 

“Incremental
Term Loan Repayment Dates”: the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth
in the applicable Incremental Assumption Agreement.

 

“Incremental
Term Loans”: the Fourth Amendment Incremental Term Loans
and any other term loans made by one or more Lenders to the Borrower pursuant to Section 2.1(d). Incremental
Term Loans may be made in the form of additional Tranche A Term Loans, additional Tranche B-2 Term Loans, additional Tranche B-3
Term Loans, additional Tranche B-4 Term Loans or, to the extent permitted by Section 2.32 and provided for in the relevant
Incremental Assumption Agreement, Other Term Loans.

 

    26

     

    

 

“Indebtedness”:
of any Person at any date, without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations
of such Person for the deferred purchase price of Property or services (other than an accrued expense, trade payables or any similar
obligation to trade creditors incurred in the ordinary course of such Person’s business), (c) all obligations of such
Person evidenced by notes, bonds, debentures or other similar instruments, (d) all indebtedness created or arising under any
conditional sale or other title retention agreement with respect to Property acquired by such Person (even though the rights and
remedies of the seller or lender under such agreement in the event of default are limited to repossession or sale of such Property),
(e) all Capital Lease Obligations of such Person, (f) all obligations of such Person, contingent or otherwise, as an
account party or applicant under acceptance, letter of credit or similar facilities, (g) all obligations of such Person, contingent
or otherwise, to purchase, redeem, retire or otherwise acquire for value any Capital Stock of such Person (other than pursuant
to clause (k) of this definition), (h) all Guarantee Obligations of such Person in respect of obligations of the kind
referred to in clauses (a) through (g) above; (i) all obligations of the kind referred to in clauses (a) through
(h) above secured by (or for which the holder of such obligation has an existing right, contingent or otherwise, to be secured
by) any Lien on Property (including, without limitation, accounts and contract rights) owned by such Person, whether or not such
Person has assumed or become liable for the payment of such obligation (provided that, if such Person has not assumed or
become liable for the payment of such obligation, the amount of Indebtedness constituted by such obligation shall be deemed to
be the lesser of (i) the stated amount thereof or (ii) the Fair Market Value of the Property encumbered by such Lien),
(j) for the purposes of Section 7(e) only, all Hedging Obligations of such Person and (k) the liquidation value
of any preferred Capital Stock of such Person or its Subsidiaries held by any Person other than such Person and its Wholly Owned
Subsidiaries if such preferred Capital Stock is mandatorily redeemable prior to the date which is 91 days after the final payment
is due on the Tranche B-4 Term Loans.

 

“Indemnified
Liabilities”: as defined in Section 9.5.

 

“Indemnified
Taxes”: Taxes other than Excluded Taxes.

 

“Indemnitee”:
as defined in Section 9.5.

 

“Insolvency”:
with respect to any Multiemployer Plan, the condition that such Plan is insolvent within the meaning of Section 4245 of ERISA.

 

“Insolvent”:
pertaining to a condition of Insolvency.

 

“Intellectual
Property”: the collective reference to all rights, priorities and privileges relating to intellectual property, whether
arising under United States, multinational or foreign laws or otherwise, including, without limitation, copyrights, copyright licenses,
patents, patent licenses, trademarks, trademark licenses, technology, know-how and processes, and all rights to sue at law or in
equity for any infringement or other impairment thereof, including the right to receive all proceeds and damages therefrom.

 

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“Interest Payment
Date”: (a) as to any Base Rate Loan, the last Business Day of each March, June, September and December to
occur while such Base Rate Loan is outstanding and the final maturity date of such Base Rate Loan, (b) as to any Eurodollar
Loan having an Interest Period of three months or less, the last Business Day of such Interest Period, (c) as to any Eurodollar
Loan having an Interest Period longer than three months, each day which is three months, or a whole multiple thereof, after the
first day of such Interest Period and the last Business Day of such Interest Period and (d) as to any Eurodollar Loan or any
Base Rate Loan that is a Term Loan, the date of any repayment or prepayment made in respect thereof.

 

“Interest Period”:
as to any Eurodollar Loan, (a) initially, the period commencing on the borrowing or conversion date, as the case may be, with
respect to such Eurodollar Loan and ending one, two, three or six months thereafter, as selected by the Borrower in its notice
of borrowing or notice of conversion, as the case may be, given with respect thereto; and (b) thereafter, each period commencing
on the last day of the next preceding Interest Period applicable to such Eurodollar Loan and ending one, two, three or six months
thereafter, as selected by the Borrower by irrevocable notice to the Administrative Agent not less than three Business Days prior
to the last day of the then current Interest Period with respect thereto; provided that, all of the foregoing provisions
relating to Interest Periods are subject to the following:

 

if any Interest Period
would otherwise end on a day that is not a Business Day, such Interest Period shall be extended to the next succeeding Business
Day unless the result of such extension would be to carry such Interest Period into another calendar month in which event such
Interest Period shall end on the immediately preceding Business Day;

 

any Interest Period that
would otherwise extend beyond the Revolving Credit Termination Date or beyond the date final payment is due on the Tranche B-4
Term Loans, any other Term Loans, as the case may be, shall end on the Revolving Credit Termination Date, the Tranche B-4 Term
Loan Maturity Date or the Latest Maturity Date, as applicable; and

 

any Interest Period that
begins on the last 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 end on the last Business Day of a calendar month; and

 

the Borrower shall select
Interest Periods so as not to require a payment or prepayment of any Eurodollar Loan during an Interest Period for such Eurodollar
Loan.

 

“Investments”:
as defined in Section 6.8.

 

“Issuing Lender”:
the Existing Issuing Lender and any other Lender selected by the Borrower, with the consent of such Lender and the Administrative
Agent, to act as Issuing Lender, in its capacity as issuer of any Letter of Credit.

 

“L/C Commitment”:
$50,000,000.

 

“L/C Disbursement”:
a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit issued by the Issuing Lender.

 

    28

     

    

 

“L/C Fee Payment
Date”: the last Business Day of each March, June, September and December and the last day of the Revolving
Credit Commitment Period.

 

“L/C Obligations”:
at any time, an amount equal to the sum of (a) the aggregate then undrawn and unexpired amount of the then outstanding Letters
of Credit and (b) the aggregate amount of L/C Disbursements that have not then been reimbursed pursuant to Section 2.27.
The L/C Obligations of any Revolving Credit Lender at any time shall equal its Revolving Credit Percentage of the aggregate L/C
Obligations at such time.

 

“L/C Participants”:
the collective reference to all the Revolving Credit Lenders other than the relevant Issuing Lender.

 

“Latest Maturity
Date”: at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder
at such time, including the latest maturity or expiration date of any Incremental Term Loan, Other Term Loan, Extended Term Loan
or Extended Revolving Credit Commitment, in each case as extended in accordance with this Agreement from time to time.

 

“Lenders”:
each Revolving Credit Lender, each Tranche A Term Loan Lender, each Tranche B Term Loan Lender, each Tranche B-2 Term Loan Lender,
each Tranche B-3 Term Loan Lender, each Tranche B-4 Term Loan Lender (including
each Fourth Amendment Incremental Term Loan Lender) and each other bank, financial institution or other entity from
time to time party to this Agreement as a Lender.

 

“Letters of
Credit”: as defined in Section 2.23(a).

 

“LIBO Screen
Rate”: as defined in the definition of “Eurodollar Base Rate” in this Section 1.1.

 

“Lien”:
any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), charge or other security
interest or any preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever (including,
without limitation, any conditional sale or other title retention agreement and any capital lease having substantially the same
economic effect as any of the foregoing).

 

“Loan”:
any loan made by any Lender pursuant to this Agreement.

 

“Loan Documents”:
this Agreement, the Applications, the Security Documents, the Amendment Agreement, each Incremental Assumption Agreement, the Notes,
the First Amendment, the Second Amendment, the Third Amendment, the
Fourth Amendment and all other documents, instruments or agreements designated therein as “Loan Documents”
and executed and delivered by a Loan Party for the benefit of any Agent, the Issuing Lender or any Lender in connection herewith
on or after the Closing Date, in each case, as the same may be amended, restated, amended and restated, supplemented or otherwise
modified from time to time.

 

“Loan Modification
Offer”: as defined in Section 9.21(a).

 

“Loan Parties”:
the Borrower and each Subsidiary Guarantor.

 

    29

     

    

 

“Majority Facility
Lenders”: (a) with respect to the Tranche A Term Loan Facility, the holders of more than 50% of the aggregate unpaid
principal amount of the Tranche A Term Loans outstanding, (b) with respect to the Tranche B Term Loan Facility, the holders
of more than 50% of the aggregate unpaid principal amount of the Tranche B Term Loans outstanding , (c) with respect to the
Tranche B-2 Term Loan Facility, the holders of more than 50% of the aggregate unpaid principal amount of the Tranche B-2 Term Loans
outstanding, (d) with respect to the Tranche B-3 Term Loan Facility, the holders of more than 50% of the aggregate unpaid
principal amount of the Tranche B-3 Term Loans outstanding, (e) with respect to the Tranche B-4 Term Loan Facility, the holders
of more than 50% of the aggregate unpaid principal amount of the Tranche B-4 Term Loans outstanding, and (f) with respect
to the Revolving Credit Facility, prior to any termination of the Revolving Credit Commitments, the holders of more than 50% of
the Total Revolving Credit Commitments and thereafter, of the Total Revolving Extensions of Credit.

 

“Material Adverse
Effect”: a material adverse effect on (i) the business, assets, property or financial condition of the Borrower
and its Subsidiaries taken as a whole or (ii) the validity or enforceability of this Agreement or any of the other Loan Documents
or the rights or remedies of the Administrative Agent or the Lenders hereunder or thereunder.

 

“Material Environmental
Amount”: an amount or amounts payable by the Borrower and/or any of its Subsidiaries, in the aggregate in excess of $5,000,000
in respect of any one occurrence, for: costs to comply with any Environmental Law; costs of any investigation, and any remediation,
of any Material of Environmental Concern; and compensatory damages (including, without limitation damages to natural resources),
punitive damages, fines, and penalties pursuant to any Environmental Law.

 

“Materials of
Environmental Concern”: any gasoline or petroleum (including crude oil or any fraction thereof) or petroleum products,
polychlorinated biphenyls, urea-formaldehyde insulation, asbestos, pollutants, contaminants, radioactivity, and any other substances
or forces of any kind, whether or not any such substance or force is defined as hazardous or toxic under any Environmental Law,
that is regulated pursuant to or could reasonably be expected to give rise to liability under any Environmental Law.

 

“Minimum Collateral
Amount”: at any time, (a) with respect to cash collateral consisting of cash or deposit account balances, an amount
equal to 105% of the Fronting Exposure of the Issuing Lender with respect to Letters of Credit issued by the Issuing Lender and
outstanding at such time and (b) for purposes of Section 2.31, an amount reasonably determined by the Administrative
Agent and the Issuing Lender; provided that such amount does not exceed the amount set forth in clause (a) hereof.

 

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

 

“Multiemployer
Plan”: a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

 

    30

     

    

 

“Net Cash Proceeds”:
(a)  in connection with any Asset Sale or any Recovery Event, the proceeds thereof in the form of cash and Cash Equivalents
(including any such proceeds received by way of deferred payment of principal pursuant to a note or installment receivable or purchase
price adjustment receivable or otherwise, but only as and when received) of such Asset Sale or Recovery Event, net of reasonable
and customary attorneys’ fees, accountants’ fees, investment banking fees, amounts required to be applied to the repayment
of Indebtedness secured by a Lien expressly permitted hereunder on any asset which is the subject of such Asset Sale or Recovery
Event (other than any Lien pursuant to a Security Document) and other reasonable and customary fees and expenses actually incurred
in connection therewith and net of taxes paid or reasonably estimated to be payable as a result thereof, and (b) in connection
with any issuance or sale of debt or equity securities or instruments or the incurrence of loans, the cash proceeds received from
such issuance or incurrence, net of attorneys’ fees, investment banking fees, accountants’ fees, underwriting discounts
and commissions and other customary fees and expenses actually incurred in connection therewith.

 

“New Senior
Notes”: the senior notes of the Borrower issued from time to time pursuant to the New Senior Note Indenture.

 

“New Senior
Notes Indenture”: the Base Indenture, dated as of June 4, 2013, entered into by the Borrower and The Bank of New
York Mellon Trust Company, N.A., as trustee, the Supplemental Indenture entered into on April 3, 2017 by the Borrower, the
 “Guarantors” under and as defined therein and The Bank of New York Mellon Trust Company N.A., as trustee, and the Tenth
Supplemental Indenture, dated as of September 26, 2019, by the Borrower, the “Guarantors” under and as defined
therein and The Bank of New York Mellon Trust Company N.A., as trustee, in each case in connection with the issuance of the New
Senior Notes, together with all instruments and other agreements entered into by the Borrower or such Subsidiaries in connection
therewith, as the same may be amended, supplemented or otherwise modified from time to time in accordance with Section 6.9.

 

“Non-Defaulting
Lender”: as defined in Section 2.31(a)(ii).

 

“Notes”:
the collective reference to each promissory note, if any, evidencing Loans.

 

“Obligations”:
the unpaid principal of and interest on (including, without limitation, interest accruing after the maturity of the Loans and Reimbursement
Obligations and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization
or like proceeding, relating to any Loan Party, whether or not a claim for post-filing or post-petition interest is allowed in
such proceeding) the Loans, the Reimbursement Obligations, Specified
Cash Management Agreements, payments for early termination of Specified Hedge Agreements and all other obligations
and liabilities of the Loan Parties to any Agent, any Arranger, the Issuing Lender, any Co-Syndication Agent, the Co-Documentation
Agents, any Lender, any Qualified Counterparty, any Cash Management
Bank or any Foreign Currency L/C Issuing Lender, whether direct or indirect, absolute or contingent, due or to become
due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement, any other Loan
Document, the Letters of Credit, any Specified Cash Management Agreement,
any Specified Hedge Agreement, any Permitted Foreign Currency Letters of Credit or any other document made, delivered or given
in connection herewith or therewith, whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs,
expenses (including, without limitation, all fees, charges and disbursements of counsel to the Agents, the Arrangers, the Issuing
Lender, the Co-Syndication Agents, the Co-Documentation Agents and the Lenders that are required to be paid by the Borrower pursuant
hereto) or otherwise; provided that (i) obligations of the Borrower or any Subsidiary under any Specified Cash
Management Agreement, Specified Hedge Agreement or in respect of any Permitted Foreign Currency Letter of Credit
shall be secured and guaranteed pursuant to the Security Documents only to the extent that, and for so long as, the other Obligations
are so secured and guaranteed, (ii) any release of Collateral or Subsidiary Guarantors or any waiver or modification of any
other provision in the Loan Documents regarding the Collateral effected in accordance with Section 9.15 shall not require
the consent of holders of obligations under Specified Cash Management
Agreement, Specified Hedge Agreements or in respect of Permitted Foreign Currency Letters of Credit and (iii) the
 “Obligations” shall exclude any Excluded Swap Obligations.

 

    31

     

    

 

“OFAC”:
United States Treasury Department’s Office of Foreign Assets Control.

 

“OID”:
as defined in Section 2.32(b).

 

“Original Closing
Date”: November 30, 2011.

 

“Other Taxes”:
any and all present or future stamp or documentary Taxes or any other excise or property Taxes, charges or similar levies arising
from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement
or any other Loan Document, excluding any such Taxes resulting from an assignment by any Lender pursuant to Section 9.6 hereof.

 

“Other Term
Loans”: as defined in Section 2.32(a).

 

“Participant”:
as defined in Section 9.6(b).

 

“Participant
Register”: as defined in Section 9.6(b).

 

“Payment Office”:
the office specified from time to time by the Administrative Agent as its payment office by notice to the Borrower and the Lenders.

 

“PBGC”:
the Pension Benefit Guaranty Corporation referred to and defined in ERISA or any successor statute.

 

“Permitted Acquisition”:
any acquisition by the Borrower or any of its Subsidiaries of all of the Capital Stock of, or all or substantially all of the assets
constituting a business unit of, any other Person so long as, with respect to any such acquisition having aggregate consideration
in excess of $100,000,000, the following conditions are satisfied:

 

(a)            either
(i) no Default or Event of Default shall have occurred and be continuing or would result from such acquisition or (ii) if
the Lenders providing an Incremental Term Loan or Incremental Revolving Loan to finance a Permitted Acquisition have agreed to
a “funds certain” provision, then no Default or Event of Default shall have occurred and be continuing under Section 7(a) or
(f);

 

    32

     

    

 

(b)            the
Borrower shall be in compliance with the financial covenants set forth in Section 6.1, after giving pro forma effect
to such acquisition as if it had occurred on the first day of the respective periods measured by such covenants;

 

(c)            the
target of such acquisition shall be in the same or a similar line of business as the Borrower and its Subsidiaries;

 

(d)            [Reserved];

 

(e)            the
Borrower shall have performed reasonable and customary due diligence with respect to such acquisition and the target thereof, including
with respect to environmental matters;

 

(f)            the
Borrower and/or the applicable Subsidiary shall have obtained all material third party consents and approvals required in connection
with such acquisition;

 

(g)            [Reserved];

 

(h)            the
Borrower shall have reasonably determined that it has adequate liquidity available for working capital; and

 

(i)            with
respect to any such acquisition having aggregate consideration in excess of $250,000,000, substantially all of the assets so acquired
are located in the United States, Canada, Mexico or any member state of the European Union or if such acquisition is structured
as a purchase of stock, the Person so acquired is organized under the laws of a state of the United States, Canada, Mexico and
member states of the European Union and substantially all of the assets owned by such Person are located in the United States,
Canada, Mexico or any member state of the European Union; provided that (i) the Borrower may acquire the stock of a
Person organized under the laws of a state of the United States whose assets are located, in whole or in part, in Puerto Rico,
Canada, Mexico or any member state of the European Union, if such Person becomes a Subsidiary Guarantor and grants a security interest
in its assets as contemplated by Section 5.9 and (ii) the Borrower may acquire the stock of any Person organized under
the laws of any jurisdiction other than the United States, Canada, Mexico or any member state of the European Union, so long as
the aggregate amount of Investments made pursuant to this clause (ii), together with Investments made as permitted by Section 6.8(o),
does not exceed an amount equal to the sum of (A) $200,000,000 plus (B) the amount of proceeds received as consideration
for such Permitted Acquisition from Excluded Issuances after the Closing Date less the proceeds of any such Excluded Issuances
that have been used after the Closing Date to make Investments pursuant to Section 6.8(o) or to finance any other Permitted
Acquisition.

 

“Permitted Foreign
Currency Letter of Credit”: any letter of credit denominated in a currency other than Dollars issued to the Borrower
by the Foreign Currency L/C Issuing Lender. For the avoidance of doubt, no Permitted Foreign Currency Letter of Credit shall be
a Letter of Credit for any purpose under the Loan Documents.

 

    33

     

    

 

“Permitted Second
Priority Refinancing Debt”: secured Indebtedness incurred by the Borrower in the form of one or more series of second
lien secured notes or second lien secured loans; provided that (i) such Indebtedness is secured by the Collateral on
a second lien, subordinated basis to the Obligations and is not secured by any property or assets of the Borrower or any of its
Subsidiaries other than the Collateral, (ii) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness in respect
of Term Loans, (iii) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the
date that is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (iv) the security agreements
relating to such Indebtedness are substantially the same as the Security Documents (with such differences as are reasonably satisfactory
to the Administrative Agent; provided that such differences are not more favorable to the investors in such secured Indebtedness),
(v) such Indebtedness is not also incurred by or guaranteed by any Subsidiaries of the Borrower other than the Subsidiary
Guarantors and is not incurred by or guaranteed by any other Person, (vi) an agent or representative acting on behalf of the
holders of such Indebtedness (a “Second Lien Agent”) shall have become party to an intercreditor agreement in
form and substance satisfactory to the Administrative Agent (the “Second Lien Intercreditor Agreement”); provided
that, if such Indebtedness is the initial Permitted Second Priority Refinancing Debt incurred by the Borrower, then the Borrower,
the Subsidiary Guarantors, the Administrative Agent and the Second Lien Agent for such Indebtedness shall have executed and delivered
the Second Lien Intercreditor Agreement, (vii) the other terms and conditions of such secured Indebtedness are on the whole
substantially identical to, or less favorable to the investors providing such secured Indebtedness, than those applicable to the
Refinanced Debt (except for (x) pricing, fees, rate floors and prepayment or redemption premiums, which shall reflect market
terms and conditions at the time of incurrence or issuance, (y) covenants or other provisions applicable only to periods after
the date that is 91 days after the Latest Maturity Date that is in effect on the date such Indebtedness is issued, incurred or
obtained and (z) differences that reflect the nature of such secured debt as fixed or floating rate securities), and (viii) a
Responsible Officer shall have certified compliance with the foregoing requirements and that the incurrence of such Indebtedness
complies with Section 6.2.

 

“Permitted Unsecured
Refinancing Debt”: unsecured Indebtedness incurred by the Borrower in the form of one or more series of senior unsecured
notes or loans; provided that (i) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness in respect
of Term Loans, (ii) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the
date that is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (iii) such Indebtedness is
not also incurred by or guaranteed by any Subsidiaries of the Borrower other than the Subsidiary Guarantors and is not incurred
by or guaranteed by any other Person, (iv) such Indebtedness is not secured by any Lien on any property or assets of the Borrower
or any of its Subsidiaries, (v) the terms of such Indebtedness, taken as a whole, are not materially less favorable to the
Borrower and the Subsidiary Guarantors than the terms of the Refinanced Debt and (vi) a Responsible Officer shall have certified
compliance with the foregoing requirements and that the incurrence of such Indebtedness complies with Section 6.2.

 

“Person”:
an individual, partnership, corporation, limited liability company, business trust, joint stock company, trust, unincorporated
association, joint venture, Governmental Authority or other entity of whatever nature.

 

    34

     

    

 

“Plan”:
any “employee pension benefit plan” as defined in Section 3(2) of ERISA (other than a Multiemployer Plan)
subject to the provisions of Title IV of ERISA or Section 412 or 430 of the Code or Section 302 or 303 of ERISA,
and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069
of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

 

“Platform”:
as defined in Section 9.2.

 

“Principals”:
the members of management of the Borrower or any of its Subsidiaries as of the Closing Date.

 

“Pro Forma Basis”:
for purposes of calculating the financial covenants set forth in Section 6.1 or any other financial ratio or test, such calculation
shall be made in accordance with Section 1.3.

 

“Pro Forma Financial
Statements”: as defined in Section 3.1(a).

 

“Projections”:
as defined in Section 5.2(b).

 

“Property”:
any right or interest in or to property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible,
including, without limitation, Capital Stock.

 

“PTE”:
a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be amended from time
to time.

 

“Public Lender”:
as defined in Section 9.2.

 

“QFC”
has the meaning assigned to the term “qualified financial contract” in, and shall be interpreted in accordance with,
12 U.S.C. 5390(c)(8)(D).

 

“Qualified Counterparty”:
with respect to any Specified Hedge Agreement, any counterparty thereto that, at the time such Specified Hedge Agreement was entered
into, was a Lender or an Affiliate of a Lender.

 

“Reaffirmation
Agreement”: the Reaffirmation Agreement, dated as of the Third Amendment Effective Date, by and among, the Borrower and
the other Grantors (as defined therein) in favor of the Collateral Agent, as the same may be amended, restated, amended and restated,
supplemented or otherwise modified from time to time.

 

“Recovery Event”:
any settlement of or payment in respect of any property or casualty insurance claim or any condemnation proceeding relating to
any asset of the Borrower or any of its Subsidiaries.

 

“Refinancing
Arranger”: Barclays Bank PLC.

 

“Register”:
as defined in Section 9.6(e).

 

“Regulation
U”: Regulation U of the Board as in effect from time to time.

 

    35

     

    

 

“Reimbursement
Obligation”: the obligation of the Borrower to reimburse the relevant Issuing Lender pursuant to Section 2.27 for
amounts drawn under Letters of Credit.

 

“Reinvestment
Deferred Amount”: with respect to any Reinvestment Event, the aggregate Net Cash Proceeds received by the Borrower or
any of its Subsidiaries in connection therewith that are not applied to prepay the Loans pursuant to Section 2.10(b) as
a result of the delivery of a Reinvestment Notice.

 

“Reinvestment
Event”: any Asset Sale or Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice.

 

“Reinvestment
Notice”: a written notice executed by a Responsible Officer stating that no Default or Event of Default has occurred
and is continuing and that the Borrower (directly or indirectly through a Wholly Owned Subsidiary) intends and expects to use all
or a specified portion of the Net Cash Proceeds of an Asset Sale or Recovery Event to acquire assets useful in its or such Subsidiary’s
business.

 

“Reinvestment
Prepayment Amount”: with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less
any amount expended prior to the relevant Reinvestment Prepayment Date to acquire assets useful in the Borrower’s business.

 

“Reinvestment
Prepayment Date”: with respect to any Reinvestment Event, the earlier of (a) the date occurring 360 days after such
Reinvestment Event (provided that if the Borrower enters into a legally binding commitment to reinvest the applicable Reinvestment
Deferred Amount prior to such date, the Reinvestment Prepayment Date shall be extended for 180 days) and (b) the date on which
the Borrower shall have determined not to, or shall have otherwise ceased to, acquire assets useful in the Borrower’s business
with all or any portion of the relevant Reinvestment Deferred Amount.

 

“Related Parties”:
(a) with respect to any Agent, any Arranger, any Co-Syndication Agent, any Co-Documentation Agent, the Issuing Lender or any
Lender, such Person’s Affiliates and the respective directors, trustees, officers, employees, agents, administrators, managers,
partners, advisors, controlling persons, representatives and members of such Person and of such Person’s Affiliates, and
(b) in all other cases, any (i) controlling stockholder, 662⁄3% (or more) owned Subsidiary, or immediate family
member (in the case of an individual) of any Principal, or (ii) any trust, corporation, partnership, limited liability company
or other entity, the beneficiaries, stockholders, partners, members, owners or Persons beneficially holding 662⁄3% or more
controlling interest of which consist of any one or more Principals and/or such other Persons referred to in the immediately preceding
clause (i).

 

“Relevant Governmental
Body” means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed
or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.

 

“Reorganization”:
with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241
of ERISA.

 

    36

     

    

 

“Reportable
Event”: any “reportable event,” as defined in Section 4043 of ERISA or the regulations issued thereunder,
with respect to a Plan (other than an event for which the 30-day notice period is waived).

 

“Repricing Transaction”:
the prepayment or refinancing of all or a portion of the Tranche B-4 Term Loans with the incurrence by the Borrower or any of its
Subsidiaries of any senior bank loan financing (other than in connection with a Specified Change in Control or a Transformative
Acquisition) having an All-In Yield (as determined by the Administrative Agent consistent with generally accepted financial practice)
that is less than the All-In Yield (as determined by the Administrative Agent on the same basis) of such Tranche B-4 Term Loans,
including without limitation, as may be effected through any amendment to this Agreement, including any amendment to this Agreement
relating to the All-In Yield of, such Tranche B-4 Term Loans (including any mandatory assignment in connection therewith).

 

“Required Lenders”:
at any time, Lenders having Loans, L/C Obligations and unused Revolving Credit Commitments and Term Loan Commitments the holders
of more than 50% of the sum of all Loans outstanding, L/C Obligations, and unused Revolving Credit Commitments and Term Loan Commitments
at such time; provided that the Revolving Credit Loans, L/C Obligations and unused Revolving Credit Commitments and Term
Loan Commitments of any Defaulting Lender or Excluded Lender shall be disregarded in the determination of the Required Lenders
at any time.

 

“Requirement
of Law”: as to any Person, the Certificate of Incorporation and By-Laws or other organizational or governing documents
of such Person, and any law, treaty, rule or regulation or determination of an arbitrator or a court or other Governmental
Authority, in each case applicable to or binding upon such Person or any of its Property or to which such Person or any of its
Property is subject.

 

“Resolution
Authority”: an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

 

“Responsible
Officer”: the chief executive officer, president or chief financial officer of the Borrower, but in any event, with respect
to financial matters, the chief financial officer of the Borrower.

 

“Restatement
Effective Date”: the date on which each of the conditions precedent in Section 5 of the Amendment Agreement have
been satisfied, but in any event, no later than October 2, 2015.

 

“Restatement
Funding Date”: the date on which each of the conditions precedent in Section 6 of the Amendment Agreement were satisfied
and the funding of the Tranche B Term Loans, but in any event, no later than December 31, 2015; provided that such
date will be extended to February 29, 2016 to the extent so extended pursuant to the terms of Section 12.05(b) of
the Acquisition Agreement as in effect on the Restatement Funding Date.

 

“Restricted
Cash”: cash and Cash Equivalents held by a Subsidiary that is contractually restricted from being distributed to the
Borrower; provided, that cash or Cash Equivalents maintained by any Foreign Subsidiary that is subject to minority
shareholder approval before being distributed to the Borrower shall not deemed to be “Restricted Cash” as a result
of such restriction.

 

    37

     

    

 

“Restricted
Payments”: as defined in Section 6.6.

 

“Revolving Credit
Commitment”: as to any Lender, the obligation of such Lender to make Revolving Credit Loans and participate in Letters
of Credit, in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “Fourth
Amendment Revolving Credit Commitment” opposite such Lender’s name on Schedule I to the SecondFourth
Amendment on the SecondFourth
Amendment Effective Date, or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party
hereto, as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of Total Revolving Credit
Commitments as of the SecondFourth
Amendment Effective Date is $700,000,000800,000,000.

 

“Revolving Credit
Commitment Period”: the period from and including the Closing Date to the Revolving Credit Termination Date.

 

“Revolving Credit
Facility”: as defined in the definition of “Facility” in this Section 1.1.

 

“Revolving Credit
Lender”: each Lender that has a Revolving Credit Commitment or that is the holder of Revolving Credit Loans.

 

“Revolving Credit
Loans”: the revolving loans made by the Lenders to the Borrower pursuant to Section 2.4(a).

 

“Revolving Credit
Percentage”: as to any Lender at any time, the percentage which such Lender’s Revolving Credit Commitment then
constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired
or terminated, the percentage which the aggregate principal amount of such Lender’s Revolving Credit Loans then outstanding
constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

 

“Revolving Credit
Termination Date”: the earlier of (a) November 21, 2022December 16,
2025, (b) the date that is ninety-oneninety
(9190)
days prior to the Earliest Term Loan Maturity Date,
(providedc)
the date that if on oris
ninety (90) days prior to the date that is ninety-one (91) days before the Earliest
Term Loan Maturity Date, the Borrower has (i) refinanced and/or prepaid all of the Tranche B-3 Term Loans (or, if applicable,
any replacement tranche of Term Loans hereunder) pursuant to Section 6.2 such that there shall not be an Earliest Term Loan
Maturity Date occurring prior to the date that is 91 days after November 21, 2022 and/or (ii) prepaid all of the Tranche
B-3 Term Loans (or, if applicable, any replacement tranche of Term Loans hereunder) pursuant to Section 2.9, then the Revolving
Credit Termination Date will not be triggered by operation of this clause (b))earliest
then applicable maturity date of the Senior Notes, and (cd)
such other earlier date as the Revolving Credit Commitments shall terminate in full hereunder. With respect to Extended Revolving
Credit Commitments, Revolving Credit Loans extended pursuant thereto, and Letters of Credit issued thereunder, clauses (a) and,
(b) and (c) above shall be deemed replaced
with the date specified in the applicable Revolving Extension Notice for any such Extended Revolving Credit Commitments.

 

    38

     

    

 

“Revolving Extension
Notice”: as defined in Section 9.21(b).

 

“Revolving Extensions
of Credit”: as to any Lender at any time, an amount equal to the sum of (a) the aggregate principal amount of all
Revolving Credit Loans made by such Lender then outstanding and (b) such Lender’s Revolving Credit Percentage of the
L/C Obligations then outstanding.

 

“S&P”:
Standard & Poor’s Ratings Services.

 

“Sanctioned
Country” shall mean, at any time, a country, region or territory that is subject to comprehensive Sanctions (as of the
Second Amendment Effective Date, Cuba, Iran, North Korea, Syria, and the Crimea region of Ukraine).

 

“Sanctioned
Person” shall mean, at any time, (a) any Person listed in any Sanctions-related list of designated Persons maintained
by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, the United Kingdom,
or by the United Nations Security Council, the European Union or any EU member state, (b) any Person operating, organized
or resident in a Sanctioned Country or (c) any Person owned or controlled by any such Person.

 

“Sanctions”
shall mean economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by (a) the
U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or
the U.S. Department of State, or (b) the United Nations Security Council, the European Union, any European Union member state
or other relevant sanctions authority or Her Majesty’s Treasury of the United Kingdom.

 

“SEC”:
the Securities and Exchange Commission (or successors thereto or an analogous Governmental Authority).

 

“Second Amendment”
shall mean that certain Second Amendment to Credit Agreement, dated as of November 20, 2017, by and among the Borrower, the
Lenders party thereto, the Administrative Agent and the Collateral Agent.

 

“Second Amendment
Effective Date” has the meaning set forth in the Second Amendment.”

 

“Second Lien
Intercreditor Agreement”: as defined in the definition of Permitted Second Priority Refinancing Debt.

 

“Secured Parties”:
as defined in the Guarantee and Collateral Agreement.

 

“Security Documents”:
the collective reference to the Guarantee and Collateral Agreement, the Reaffirmation Agreement and all other security documents
hereafter delivered to the Administrative Agent granting a Lien on any Property of any Person to secure the obligations and liabilities
of any Loan Party under any Loan Document.

 

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“Seller”:
General Mills, Inc., a Delaware corporation.

 

“Senior Note
Indenture”: the Base Indenture, dated as of June 4, 2013, entered into by the Borrower and The Bank of New York
Mellon Trust Company, N.A., as trustee, and the First Supplemental Indenture, dated as of June 4, 2013, entered into by the
Borrower, the “Guarantors” under and as defined therein and The Bank of New York Mellon Trust Company N.A., as trustee,
in each case in connection with the issuance of the Senior Notes, together with all instruments and other agreements entered into
by the Borrower or such Subsidiaries in connection therewith, as the same may be amended, supplemented or otherwise modified from
time to time in accordance with Section 6.9.

 

“Senior Notes”:
the senior notes of the Borrower issued from time to time pursuant to the Senior Note Indenture.

 

“SOFR”
with respect to any day means the secured overnight financing rate published for such day by the Federal Reserve Bank of New York,
as the administrator of the benchmark, (or a successor administrator) on the Federal Reserve Bank of New York’s Website.

 

“Solvent”:
when used with respect to any Person, that, as of any date of determination, (a) the amount of the “present fair saleable
value” of the assets of such Person will, as of such date, exceed the amount of all “liabilities of such Person, contingent
or otherwise”, as of such date, as such quoted terms are determined in accordance with applicable federal and state laws
governing determinations of the insolvency of debtors, (b) the present fair saleable value of the assets of such Person will,
as of such date, be greater than the amount that will be required to pay the liability of such Person on its debts as such debts
become absolute and matured, (c) such Person will not have, as of such date, an unreasonably small amount of capital with
which to conduct its business, and (d) such Person will be able to pay its debts as they mature. For purposes of this definition,
(i) “debt” means liability on a “claim”, and (ii) “claim” means any (A) right
to payment, whether or not such a right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured,
disputed, undisputed, legal, equitable, secured or unsecured or (B) right to an equitable remedy for breach of performance
if such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed,
contingent, matured or unmatured, disputed, undisputed, secured or unsecured.

 

“Specified Acquisition
Agreement Representations” means the representations and warranties made by or on behalf of the Seller and the Acquired
Business in the Acquisition Agreement as are material to the interests of the Lenders, but only to the extent that B&GNA or
the Borrower (or any of their applicable Affiliates) has the right to terminate its (or their) obligations (or decline to consummate
the Acquisition) under the Acquisition Agreement as a result of the breach of such representations in and warranties in the Acquisition
Agreement.

 

“Specified
Cash Management Agreement”: any Cash Management Agreement that is entered into by the Borrower or any of its Subsidiaries
and any Cash Management Bank.

 

    40

     

    

 

 

“Specified
Change of Control”: the occurrence of (a) the direct or indirect sale, lease, transfer, conveyance or other disposition
(other than by way of merger or consolidation), in one or a series of related transactions, of all or substantially all of the
properties or assets of the Borrower and its Subsidiaries taken as a whole to any “person” (as that term is used in
Section 13(d)(3) of the Exchange Act) other than a Principal or a Related Party of a Principal, (b) the adoption
of a plan relating to the liquidation or dissolution of the Borrower or (c) the consummation of any transaction (including,
without limitation, any merger or consolidation), the result of which is that any “person” (as defined above), other
than the Principals and their Related Parties, becomes the “beneficial owner” (as defined in Rules 13(d)-3 and
13(d)-5 under the Exchange Act), directly or indirectly, of more than 50% of the voting Capital Stock of the Borrower, measured
by voting power rather than number of shares.

 

“Specified
Hedge Agreement”: any Hedge Agreement entered into by the Borrower or any of its Subsidiaries and any Qualified Counterparty.

 

“Specified
Representations”: the representations and warranties set forth in Sections 3.3(a), 3.4 (as it relates to entering
into and performance of the definitive documentation for the Incremental Term Loans and/or Incremental Revolving Loans except
that any such representation of an acquired person, if applicable, is or will be true as of the closing date of the Permitted
Acquisition), 3.5 (as it relates to no conflicts between the definitive documentation for the Incremental Term Loans and/or Incremental
Revolving Loans and the organizational documents of the Borrower and its Subsidiaries), 3.11, 3.14, 3.19 (it being understood
that such representation shall be limited to the extent any Collateral (including the creation or perfection of any security interest
therein) is not or cannot be provided on the applicable closing date (other than the pledge and perfection of Collateral with
respect to which a security interest may be perfected by means of (x) delivery of a Uniform Commercial Code financing statement
in proper form for filing, (y) delivery of certificated securities, if any or (z) delivery of intellectual property
security agreements in proper form for filing or recording; provided that such security interest(s) will be required
to be perfected after the applicable closing date pursuant to arrangements to be mutually agreed by the Administrative Agent and
the Borrower), 3.20 and the use of proceeds of the Loans not violating FCPA and OFAC and compliance in all material respects with
the Patriot Act as set forth in Section 3.21.

 

“Specified
Transaction”: (a) any Asset Sale of all or substantially all the assets of or all the Capital Stock of any of the
Borrower’s Subsidiaries or of any business unit, line of business or division of the Borrower or any of its Subsidiaries,
(b) any Permitted Acquisition or Investment that results in a Person becoming a Subsidiary of the Borrower or (c) any
proposed incurrence of Indebtedness or making of a Restricted Payment in respect of which compliance with the financial covenants
set forth in Section 6.1 is by the terms of this Agreement required to be calculated on a Pro Forma Basis.

 

“Subsidiary”:
as to any Person, a corporation, partnership, limited liability company or other entity of which shares of stock or other ownership
interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of
the happening of a contingency) to elect a majority of the board of directors or other managers of such corporation, partnership
or other entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly through one
or more intermediaries, or both, by such Person. Unless otherwise qualified, all references to a “Subsidiary” or to
 “Subsidiaries” in this Agreement shall refer to a Subsidiary or Subsidiaries of the Borrower.

 

    41

     

    

 

“Subsidiary
Guarantor”: each Subsidiary of the Borrower other than any Foreign Subsidiary.

 

“Swap Obligation”:
with respect to any Guarantor, any obligation to pay or perform under any agreement, contract or transaction that constitutes
a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act.

 

“Tax”:
any and all present or future taxes, levies, imposts, duties, deductions, charges or withholdings (including any interest, fines,
penalties and additions related thereto) imposed by any Governmental Authority.

 

“Term Loan
Commitments”: collectively, the Tranche A Term Loan Commitments, the Tranche B Term Loan Commitments, the Tranche B-2
Term Loan Commitments, the Tranche B-3 Term Loan Commitments, the Tranche B-4 Term Loan Commitments (including
any Fourth Amendment Incremental Term Loan Commitments) and, unless the context shall otherwise require, the Incremental
Term Commitments and any Commitments in respect of Extended Term Loans.

 

“Term Loan
Lenders”: collectively, the Tranche A Term Loan Lenders, the Tranche B Term Loan Lenders, the Tranche B-2 Term Loan
Lenders, the Tranche B-3 Term Loan Lenders, the Tranche B-4 Term Loan Lenders (including
any Fourth Amendment Incremental Term Loan Lenders) and, unless the context shall otherwise require, the Incremental
Term Lenders.

 

“Term Loan
Repayment Dates”: collectively, the Tranche A Term Loan Repayment Dates, the Tranche B-2 Term Loan Repayment Dates,
the Tranche B-3 Term Loan Repayment Dates, the Tranche B-4 Term Loan Repayment Dates and the Incremental Term Loan Repayment Dates.

 

“Term Loans”:
collectively, the Tranche A Term Loans, the Tranche B Term Loans, the Tranche B-2 Term Loans, the Tranche B-3 Term Loans, the
Tranche B-4 Term Loans (including
the Fourth Amendment Incremental Term Loans) and, unless the context shall otherwise require, the term “Term
Loans” shall include any Extended Term Loans, any Incremental Term Loans and any Other Term Loans.

 

“Term SOFR”
means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.

 

“Test Period”:
a period of four consecutive Fiscal Quarters.

 

“Third Amendment”:
that certain Third Amendment to Credit Agreement, dated as of October 10, 2019, by and among the Borrower, the Lenders party
thereto, the Administrative Agent and the Collateral Agent.

 

“Third Amendment
Effective Date”: as defined in the Third Amendment.

 

“Total Revolving
Credit Commitments”: at any time, the aggregate amount of the Revolving Credit Commitments of the Lenders then in effect.

 

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“Total Revolving
Extensions of Credit”: at any time, the aggregate amount of the Revolving Extensions of Credit of the Lenders outstanding
at such time.

 

“Tranche A
Term Loan”: as defined in Section 2.1(a).

 

“Tranche A
Term Loan Commitment”: as to any Tranche A Term Loan Lender, the obligation of such Lender, if any, to make a Tranche
A Term Loan to the Borrower hereunder in a principal amount not to exceed the amount set forth under the heading “Tranche
A Term Loan Commitment” opposite such Lender’s name on Schedule 1 to the lender addendum delivered by such Lender
on the Closing Date, or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto,
as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Tranche A Term Loan Commitments
as of the Closing Date is $300,000,000.

 

“Tranche A
Term Loan Facility”: as defined in the definition of “Facility” in this Section 1.1.

 

“Tranche A
Term Loan Lender”: each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

 

“Tranche A
Term Loan Maturity Date”: the earlier of (a) June 5, 2019 and (b) the date on which all Tranche A Term
Loans shall become due and payable in full hereunder, whether by acceleration or otherwise.

 

“Tranche A
Term Loan Percentage”: as to any Tranche A Term Loan Lender at any time, the percentage which such Lender’s undrawn
Tranche A Term Loan Commitment then constitutes of the aggregate undrawn Tranche A Term Loan Commitments or, at any time after
the Closing Date, the percentage which the aggregate principal amount of such Lender’s Tranche A Term Loans then outstanding
constitutes of the aggregate principal amount of the Tranche A Term Loans then outstanding.

 

“Tranche A
Term Loan Repayment Date”: as defined in Section 2.3(a).

 

“Tranche B
Term Loan”: as defined in Section 2.1(b).

 

“Tranche B
Term Loan Commitment”: as to any Tranche B Term Loan Lender, the obligation of such Lender, if any, to make a Tranche
B Term Loan to the Borrower hereunder in a principal amount not to exceed the amount set forth on Schedule I to the Amendment
Agreement or, as the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the
same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Tranche B Term Loan Commitments
as of the Restatement Funding Date was $750,000,000.

 

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“Tranche B
Term Loan Facility”: as defined in the definition of “Facility” in this Section 1.1.

 

“Tranche B
Term Loan Lender”: each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

 

“Tranche B
Term Loan Percentage”: as to any Tranche B Term Loan Lender at any time, the percentage which such Lender’s undrawn
Tranche B Term Loan Commitment then constitutes of the aggregate undrawn Tranche B Term Loan Commitments or, at any time after
the Restatement Funding Date, the percentage which the aggregate principal amount of such Lender’s Tranche B Term Loans
then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding.

 

“Tranche B-2
Term Loan”: the loans in Dollars made to the Borrower on the First Amendment Effective Date in an aggregate principal
amount of $640,109,890.11.

 

“Tranche B-2
Term Loan Commitment”: the commitments of the Tranche B-2 Term Loan Lenders pursuant to the First Amendment or, as the
case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed
from time to time pursuant to the terms hereof. The aggregate amount of the Tranche B-2 Term Loan Commitments as of the First
Amendment Effective Date was $640,109,890.11.

 

“Tranche B-2
Term Loan Facility”: as defined in the definition of “Facility” in this Section 1.1.

 

“Tranche B-2
Term Loan Lender”: each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

 

“Tranche B-2
Term Loan Percentage”: as to any Tranche B-2 Term Loan Lender at any time, the percentage which such Lender’s
undrawn Tranche B-2 Term Loan Commitment then constitutes of the aggregate undrawn Tranche B-2 Term Loan Commitments or, at any
time after the First Amendment Effective Date, the percentage which the aggregate principal amount of such Lender’s Tranche
B-2 Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B-2 Term Loans then outstanding.

 

“Tranche B-3
Term Loan”: the loans in Dollars made to the Borrower on the Second Amendment Effective Date in an aggregate principal
amount of $650,109,890.11.

 

“Tranche B-3
Term Loan Commitment”: the commitments of the Tranche B-3 Term Loan Lenders pursuant to the Second Amendment or, as
the case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed
from time to time pursuant to the terms hereof. The aggregate amount of the Tranche B-3 Term Loan Commitments as of the Second
Amendment Effective Date is $650,109,890.11.

 

“Tranche B-3
Term Loan Facility”: as defined in the definition of “Facility” in this Section 1.1.

 

“Tranche B-3
Term Loan Lender”: each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

 

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“Tranche B-3
Term Loan Maturity Date”: the earlier of (a) November 2, 2022, and (b) the date on which all Tranche
B Term Loans shall become due and payable in full hereunder, whether by acceleration or otherwise (but excluding, for the avoidance
of doubt, any voluntary prepayment under Section 2.9).

 

“Tranche B-3
Term Loan Percentage”: as to any Tranche B-3 Term Loan Lender at any time, the percentage which such Lender’s
undrawn Tranche B-3 Term Loan Commitment then constitutes of the aggregate undrawn Tranche B-3 Term Loan Commitments or, at any
time after the Second Amendment Effective Date, the percentage which the aggregate principal amount of such Lender’s Tranche
B-3 Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B-3 Term Loans then outstanding.

 

“Tranche B-4
Term Loan”: (i) the
loans in Dollars made to the Borrower on the Third Amendment Effective Date in an aggregate principal amount of $450,000,000.00.
and
(ii) the loans in Dollars made to the Borrower on the Fourth Amendment Effective Date in an aggregate principal amount of
$300,000,000.00. Upon the occurrence of the Fourth Amendment Effective Date, the Fourth Amendment Incremental Term Loans shall
automatically and without further action by any Person constitute additional Tranche B-4 Term Loans (and shall have the same terms
as the Tranche B-4 Term Loans after giving effect to the Fourth Amendment) and shall be part of the same class of Loans as the
Tranche B-4 Term Loans, in each case for all purposes of this Agreement and the other Loan Documents. As of the Fourth Amendment
Effective Date, the aggregate principal amount of Tranche B-4 Term Loans outstanding is $671,625,000.00.

 

“Tranche B-4
Term Loan Commitment”: the commitments of the Tranche B-4 Term Loan Lenders pursuant to the Third Amendment,
the commitments of the Fourth Amendment Incremental Term Loan Lenders pursuant to the Fourth Amendment or, as the
case may be, in the Assignment and Assumption pursuant to which such Lender became a party hereto, as the same may be changed
from time to time pursuant to the terms hereof. The aggregate amount of the Tranche B-4 Term Loan Commitments as of the Third
Amendment Effective Date is $450,000,00.00. The
aggregate amount of the Tranche B-4 Term Loan Commitments as of the Fourth Amendment Effective Date is $300,000,000.00. Upon the
occurrence of the Fourth Amendment Effective Date, the Fourth Amendment Incremental Term Loan Commitments shall automatically
and without further action by any Person constitute additional Tranche B-4 Term Loan Commitments (and shall have the same terms
as the Tranche B-4 Term Loan Commitments after giving effect to the Fourth Amendment) and shall be part of the same class of Commitments
as the Tranche B-4 Term Loan Commitments, in each case for all purposes of this Agreement and the other Loan Documents.

 

“Tranche B-4
Term Loan Facility”: as defined in the definition of “Facility” in this Section 1.1.

 

“Tranche B-4
Term Loan Lender”: each Lender that has a Tranche B-4 Term Loan Commitment or is the holder of a Tranche B-4 Term Loan.

 

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“Tranche B-4
Term Loan Maturity Date”: the earlier of (a) October 10, 2026, and (b) the date on which all Tranche
B-4 Term Loans shall become due and payable in full hereunder, whether by acceleration or otherwise (but excluding, for the avoidance
of doubt, any voluntary prepayment under Section 2.9).

 

“Tranche B-4
Term Loan Percentage”: as to any Tranche B-4 Term Loan Lender at any time, the percentage which such Lender’s
undrawn Tranche B-4 Term Loan Commitment then constitutes of the aggregate undrawn Tranche B-4 Term Loan Commitments or, at any
time after the Third Amendment Effective Date, the percentage which the aggregate principal amount of such Lender’s Tranche
B-4 Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B-4 Term Loans then outstanding.

 

“Tranche B-4
Term Loan Repayment Date”: as defined in Section 2.3(a).

 

“Transactions”:
collectively, (a) the consummation of the Acquisition, (b) the execution, delivery and performance by the Loan Parties
of the Loan Documents to which they are a party, (c) the borrowings on the Restatement Funding Date and the use of proceeds
thereof, (d) the granting of Liens pursuant to the Security Documents and (e) any other transactions related to or entered
into in connection with any of the foregoing.

 

“Transferee”:
as defined in Section 9.14.

 

“Transformative
Acquisition” means any acquisition by the Borrower or any Subsidiary that is either (a) not permitted by the terms
of the Loan Documents immediately prior to the consummation of such acquisition or (b) if permitted by the terms of the Loan
Documents immediately prior to the consummation of such acquisition, would not provide the Borrower and its Subsidiaries with
adequate flexibility under the Loan Documents for the continuation and/or expansion of their combined operations following such
consummation, as determined by the Borrower acting in good faith.

 

“Type”:
as to any Loan, its nature as a Base Rate Loan or a Eurodollar Loan.

 

“UK
Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time
to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA
Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain
credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

 

“UK
Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the
resolution of any UK Financial Institution.

 

“Unadjusted
Benchmark Replacement” means the Benchmark Replacement excluding the Benchmark Replacement Adjustment.

 

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“USA PATRIOT
Act”: The Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism
Act of 2001 (Title III of Pub. L. No. 107-56 (signed into law October 26, 2001)), as amended.

 

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

 

“Wholly Owned
Subsidiary”: as to any Person, any other Person all of the Capital Stock of which (other than directors’ qualifying
shares required by law) is owned by such Person directly and/or through other Wholly Owned Subsidiaries.

 

“Wholly Owned
Subsidiary Guarantor”: any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

 

“Withdrawal
Liability”: liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer
Plan, as such terms are defined in Part 1 of Subtitle E of Title IV of ERISA.

 

“Write-Down
and Conversion Powers” means, (a) with
respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time
under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the
EU Bail-In Legislation Schedule. and
(b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to
cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which
that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other
person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend
any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary
to any of those powers.

 

“Yield Differential”:
as defined in Section 2.32(b).

 

1.2            Other
Definitional Provisions.

 

(a)            Unless
otherwise specified therein, all terms defined in this Agreement shall have the defined meanings when used in the other Loan Documents
or any certificate or other document made or delivered pursuant hereto or thereto.

 

(b)            As
used herein and in the other Loan Documents, and any certificate or other document made or delivered pursuant hereto or thereto,
accounting terms relating to the Borrower and its Subsidiaries not defined in Section 1.1 and accounting terms partly defined
in Section 1.1, to the extent not defined, shall have the respective meanings given to them under GAAP.

 

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(c)            The
words “hereof”, “herein” and “hereunder” and words of similar import when used in this Agreement
shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section, Schedule and Exhibit references
are to this Agreement unless otherwise specified.

 

(d)            The
meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms.

 

(e)            Notwithstanding
any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and all computations
of amounts and ratios referred to in Section 6.1 shall be made, without giving effect to (i) any election under Statement
of Financial Accounting Standards 159 (or any other Financial Accounting Standard having a similar result or effect) to value
any Indebtedness or other liabilities of any Loan Party or any Subsidiary of any Loan Party at “fair value” or (ii) any
change to lease accounting rules from those in effect pursuant to Financial Accounting Standards Board Accounting Standards
Codification 840 (Leases) and other related lease accounting guidance as in effect on the Closing Date.

 

1.3            Pro
Forma Basis. Notwithstanding anything to the contrary contained herein, financial ratios and tests (including the Consolidated
Leverage Ratio, the Consolidated Senior Secured Leverage Ratio and the Consolidated Interest Coverage Ratio) pursuant to this
Agreement shall be calculated in the manner prescribed by this Section 1.3.

 

(a)            In
the event that the Borrower or any of its Subsidiaries incurs, assumes, guarantees, redeems, repays, repurchases, retires or extinguishes
any Indebtedness (other than Indebtedness incurred or repaid under any revolving credit facility unless such Indebtedness has
been permanently repaid and has not been replaced) subsequent to the end of the Test Period for which such financial ratio or
test is being calculated but prior to or simultaneously with the event for which such calculation is being made, then such financial
ratio or test shall be calculated giving pro forma effect to such incurrence, assumption, guarantee, redemption, repayment, repurchase,
retirement or extinguishment of Indebtedness, as if the same had occurred on the last day of the applicable Test Period (except
in the case of the Consolidated Interest Coverage Ratio (or similar ratio), as if the same had occurred on the first day of the
applicable Test Period).

 

(b)            For
purposes of calculating any financial ratio or test, Specified Transactions that have been made by the Borrower or any of its
Subsidiaries during the applicable Test Period or subsequent to such Test Period and prior to or simultaneously with the event
for which such calculation is being made shall be given pro forma effect assuming that all such Specified Transactions (and the
change in Consolidated EBITDA resulting therefrom) had occurred on the first day of the applicable Test Period. If since the beginning
of any such Test Period any Person that subsequently became a Subsidiary of the Borrower or was merged, amalgamated or consolidated
with or into the Borrower or any of its Subsidiaries since the beginning of such Test Period shall have made any Specified Transaction
that would have required adjustment pursuant to this Section 1.3, then any applicable financial ratio or test shall be calculated
giving pro forma effect thereto for such period as if such Specified Transaction occurred at the beginning of the applicable Test
Period.

 

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(c)            Whenever
pro forma effect is to be given to a Specified Transaction or the Transactions, the pro forma calculations shall be made in good
faith by a Responsible Officer (including the “run-rate” cost savings and synergies resulting from such Specified
Transactions that have been or are expected to be realized (“run-rate” means the full recurring benefit for a period
that is associated with any action taken (including any savings expected to result from the elimination of a public target’s
compliance costs with public company requirements), net of the amount of actual benefits realized during such period from such
actions; provided that with respect to the Transactions or to any Specified Transaction, such cost savings or synergies
for any period shall not exceed 10% of Consolidated EBITDA (after giving effect to such Transaction or Specified Transaction,
but prior to giving effect to such adjustments in respect of such cost savings or synergies) for such period); provided
that (i) such amounts are projected by the Borrower in good faith to result from actions taken within 12 months after the
end of such Test Period in which such Specified Transaction occurred (or, in the case of the Transactions, the 12 months after
the Closing Date) and (ii) no amounts shall be added pursuant to this clause (c) to the extent duplicative of any amounts
that are otherwise added back in computing Consolidated EBITDA for such Test Period.

 

(d)            If
any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall
be calculated as if the rate in effect on the date of the event for which the calculation of the Consolidated Interest Coverage
Ratio is made had been the applicable rate for the entire period (taking into account any interest hedging arrangements applicable
to such Indebtedness). Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a
prime or similar rate, a Eurocurrency interbank offered rate, or other rate, shall be determined to have been based upon the rate
actually chosen, or if none, then based upon such optional rate chosen as the Borrower may designate.

 

(e)            Notwithstanding
the foregoing, when calculating the Consolidated Interest Coverage Ratio and Consolidated Leverage Ratio for the purposes of Section 6.1,
the events described in Sections 1.3(b), (c) and (d) above that occurred subsequent to the end of the applicable Test
Period shall not be given pro forma effect.

 

1.4           Divisions.
For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable
event under a different jurisdiction’s laws): (a) any reference to a merger, transfer, consolidation, amalgamation,
consolidation, assignment, sale, disposition or transfer, or similar term, shall be deemed to apply to a division of or by a limited
liability company, or an allocation of assets to a series of a limited liability company (or the unwinding of such a division
or allocation), as if it were a merger, transfer, consolidation, amalgamation, consolidation, assignment, sale, disposition or
transfer, or similar term, as applicable, to, of or with a separate Person and (b) any division of a limited liability company
shall constitute a separate Person hereunder (and each division of any limited liability company that is a Subsidiary, joint venture
or any other like term shall also constitute such a Person or entity).

 

Section 2.
AMOUNT AND TERMS OF COMMITMENTS; LETTERS OF CREDIT

 

2.1            Term
Loan Commitments. (a) Subject to the terms and conditions in the Existing Credit Agreement and relying upon the
representations and warranties therein set forth, each Tranche A Term Loan Lender made a tranche A term loan (each, a “Tranche
A Term Loan”) on the Closing Date to the Borrower;

 

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(b)            Subject
to the terms and conditions herein and relying upon the representations and warranties herein set forth, each Tranche B Term Loan
Lender, severally and not jointly, made, on the Restatement Funding Date, a tranche B term loan (each, a “Tranche B
Term Loan”) to the Borrower in an amount equal to such Lender’s Tranche B Term Loan Commitment;

 

(c)            Pursuant
to the terms of the First Amendment, the Tranche B-2 Term Loan Lenders made Tranche B-2 Term Loans in Dollars (whether by agreeing
to exchange existing Tranche B Term Loans or by committing to make new term loans) to the Borrower on the First Amendment Effective
Date;

 

(d)            Pursuant
to the terms of the Second Amendment, the Tranche B-3 Term Loan Lenders made Tranche B-3 Term Loans in Dollars (whether by agreeing
to exchange existing Tranche B-2 Term Loans or by committing to make new loans) to the Borrower on the Second Amendment Effective
Date;

 

(e)            Pursuant
to the terms of the Third Amendment, the Tranche B-4 Term Loan Lenders, severally and not jointly, have agreed to make Tranche
B-4 Term Loans in Dollars to the Borrower on the Third Amendment Effective Date; and

 

(f)            Pursuant
to the terms of the Fourth Amendment, the Fourth Amendment Incremental Term Loan Lenders, severally and not jointly, have agreed
to make Fourth Amendment Incremental Term Loans in Dollars to the Borrower on the Fourth Amendment Effective Date in a principal
amount not to exceed its Fourth Amendment Incremental Term Loan Commitment; and

 

(g)            (f) Subject
to the terms and conditions and relying upon the representations and warranties set forth in the applicable Incremental Assumption
Agreement, each Lender having an Incremental Term Loan Commitment, severally and not jointly, hereby agrees to make Incremental
Term Loans to the Borrower, in an aggregate principal amount not to exceed its Incremental Term Loan Commitment.

 

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The Borrower has made a borrowing under
the total Tranche A Term Loan Commitment on the Closing Date. The Borrower has made a borrowing under the Tranche B Term Loan
Commitment on the Restatement Funding Date. The Borrower has made a borrowing under (i) the Tranche B-2 Term Loan Commitment
on the First Amendment Effective Date and (ii) the Tranche B-3 Term Loan Commitment on the Second Amendment Effective Date.
The Borrower has made a borrowing under the Tranche B-4 Term Loan Commitment on the Third Amendment Effective Date. The
Borrower has made a borrowing under the Fourth Amendment Incremental Term Loan Commitment on the Fourth Amendment Effective Date.
Any amount borrowed under this Section 2.1 and subsequently repaid or prepaid may not be reborrowed. All (i) Tranche
B Term Loans outstanding on the First Amendment Effective Date and (ii) Tranche B-2 Term Loans outstanding on the Second
Amendment Effective Date were repaid in full. All (i) Tranche A Term Loans and (ii) Tranche B-3 Term Loans were repaid
in full. Subject to Sections 2.9 and 2.10, all amounts owed hereunder with respect to the Tranche B-4 Term Loans (including
the Fourth Amendment Incremental Term Loans) and the Incremental Term Loans shall be paid in full no later than
the Tranche B-4 Term Loan Maturity Date or the applicable Incremental Term Loan Maturity Date, respectively. Each Lender’s
Tranche A Term Loan Commitment terminated immediately and without further action on the Closing Date. Each Lender’s Tranche
B Term Loan Commitment terminated immediately and without further action on the Restatement Funding Date. Each Lender’s
Tranche B-2 Term Loan Commitment terminated immediately and without further action on the First Amendment Effective Date after
giving effect to such Lender’s Tranche B-2 Term Loan Commitment on such date. Each Lender’s Tranche B-3 Term Loan
Commitment terminated immediately and without further action on the Second Amendment Effective Date after giving effect to such
Lender’s Tranche B-3 Term Loan Commitment on such date. Each Lender’s Tranche B-4 Term Loan Commitment shall
terminateunder
the Third Amendment terminated immediately and without further action on the Third Amendment Effective Date upon
funding of the Tranche B-4 Term Loans. Each
Lender’s Fourth Amendment Incremental Term Loan Commitment shall terminate immediately and without further action on the
Fourth Amendment Effective Date upon funding of the Fourth Amendment Incremental Term Loans. The Incremental Term
Loan Commitments shall terminate as provided in the related Incremental Assumption Agreement. The Term Loans may from time to
time be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance
with Sections 2.2 and 2.11.

 

2.2            Procedure
for Term Loan Borrowings. The Borrower shall deliver to the Administrative Agent an irrevocable notice (which notice
must be received by the Administrative Agent prior to 10:00 A.M., New York City time, one Business Day to the anticipated closing
date set forth in the applicable Incremental Assumption Agreement) requesting that the applicable Term Loan Lenders make the applicable
Term Loans on the date set forth in the applicable Incremental Assumption Agreement and specifying the amount to be borrowed.
Upon receipt of such notice of borrowing the Administrative Agent shall promptly notify each applicable Term Loan Lender thereof.
Not later than 12:00 noon, New York City time, on the ThirdFourth
Amendment Effective Date (or on such other date set forth in the applicable Incremental Assumption Agreement) each
applicable Term Loan Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available
funds equal to the Term Loan or Term Loans to be made by such Lender on the ThirdFourth
Amendment Effective Date (or on such other date set forth in the applicable Incremental Assumption Agreement).
The Administrative Agent shall make available to the Borrower the aggregate of the amounts made available to the Administrative
Agent by the applicable Term Loan Lenders, in like funds as received by the Administrative Agent.

 

2.3            Repayment
of Term Loans. (a) The Borrower shall pay to the Administrative Agent, for the account of the Tranche B-4 Term
Loan Lenders, on the last Business Day of each March, June, September and December, commencing on the last day of the first
Fiscal Quarter following the Third Amendment Effective Date (each such date, a “Tranche B-4 Term Loan Repayment Date”),
an amount equal 0.25% of the original principal amount of such Tranche B-4 Term Loans made on the Third Amendment Effective Date,
together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment;
provided that, in the event any new Tranche B-4 Term Loans are made, such new Tranche B-4 Term Loans shall be repaid on
each Tranche B-4 Term Loan Repayment Date occurring on or after the applicable Tranche B-4 Increased Amount Date in an amount
equal to (i) the aggregate principal amount of new Tranche B-4 Term Loans of the applicable series of new Tranche B-4 Term
Loans, times (ii) the ratio (expressed as a percentage) of (A) the amount of all other Tranche B-4 Term Loans being
repaid on such Tranche B-4 Term Loan Repayment Date and (B) the total aggregate principal amount of all other Tranche B-4
Term Loans outstanding on such Tranche B-4 Increased Amount Date.

 

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Notwithstanding the
foregoing, (x) such Tranche B-4 Term Loan quarterly payments shall be reduced in connection with any voluntary or mandatory
prepayments of the Tranche B-4 Term Loans in accordance with Section 2.9 or 2.10, as applicable; and (y) the
Tranche B-4 Term Loans, together with all other amounts owed hereunder with respect thereto, shall in any event be paid in
full no later than the Tranche B-4 Term Loan Maturity Date.

 

It
is hereby acknowledged and agreed that, as of the Fourth Amendment Effective Date, all amortization payments required under this
Section 2.3 prior to the Tranche B-4 Term Loan Maturity Date have been paid in full, and no quarterly principal payments
of Tranche B-4 Term Loans (including, for the avoidance of doubt, Fourth Amendment Incremental Term Loans) pursuant to this Section 2.3
shall be required after the Fourth Amendment Effective Date.

 

(b)            The
Borrower shall pay to the Administrative Agent, for the account of the Incremental Term Lenders, on each Incremental Term Loan
Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Sections 2.9 and
2.10) equal to the amount set forth for such date in the applicable Incremental Assumption Agreement, together in each
case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment.

 

(c)            To
the extent not previously paid, all Term Loans shall be due and payable on Tranche B-4 Term Loan Maturity Date, as applicable,
and all Other Term Loans shall be due and payable on the applicable Incremental Term Loan Maturity Date, in each case, together
with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.

 

(d)            In
the event that all or any portion of the Tranche B-4 Term Loans then outstanding are prepaid in connection with a Repricing Transaction
prior to the six-month anniversary of the ThirdFourth
Amendment Effective Date, such prepayment shall be accompanied by a repayment
fee equal to 1.00% of the aggregate principal amount of the Tranche B-4 Term Loans so prepaid.

 

2.4            Revolving
Credit Commitments. (a) Subject to the terms and conditions hereof, each Revolving Credit Lender severally agrees
to make Revolving Credit Loans to the Borrower from time to time during the Revolving Credit Commitment Period in an aggregate
principal amount at any one time outstanding which, when added to such Lender’s Revolving Credit Percentage of the L/C Obligations
then outstanding, does not exceed the amount of such Lender’s Revolving Credit Commitment; provided that the sum
of (x) the aggregate principal amount of Revolving Credit Loans plus (y) the aggregate amount of L/C Obligations, in
each case outstanding on and as of the Closing Date, shall not exceed $50,000,000. During the Revolving Credit Commitment Period
the Borrower may use the Revolving Credit Commitments by borrowing, prepaying the Revolving Credit Loans in whole or in part,
and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Credit Loans may from time to time be Eurodollar
Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.5
and 2.11, provided that no Revolving Credit Loan shall be made as a Eurodollar Loan after the day that is one month prior
to the Revolving Credit Termination Date.

 

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(b)            Subject
to the terms and conditions and relying upon the representations and warranties set forth in the applicable Incremental Assumption
Agreement, each Lender having an Incremental Revolving Commitment, severally and not jointly, hereby agrees to make Incremental
Revolving Loans to the Borrower, in an aggregate principal amount not to exceed its Incremental Revolving Commitment. The Borrower
shall repay all outstanding Revolving Credit Loans on the Revolving Credit Termination Date.

 

2.5            Procedure
for Borrowing Revolving Credit Loans. The Borrower may borrow Revolving Credit Loans under the Revolving Credit Commitments
during the Revolving Credit Commitment Period on any Business Day, provided that the Borrower shall give the Administrative
Agent irrevocable notice (which notice must be received by the Administrative Agent prior to 12:00 noon, New York City time, (i) three
Business Days prior to the requested Borrowing Date, in the case of Eurodollar Loans, or (ii) one Business Day prior to the
requested Borrowing Date, in the case of Base Rate Loans), specifying (A) the amount and Type of Revolving Credit Loans to
be borrowed, (B) the requested Borrowing Date and (C) in the case of Eurodollar Loans, the length of the initial Interest
Period therefor. If no election as to the Type of Loans is specified in any such notice, then the requested Loan shall be a Base
Rate Loan. If no Interest Period with respect to any Eurodollar Loan is specified in any such notice, then the Borrower shall
be deemed to have selected an Interest Period of one month’s duration. Each borrowing under the Revolving Credit Commitments
shall be in an amount equal to (x) in the case of Base Rate Loans, $1,000,000 or a whole multiple thereof (or, if the then
aggregate Available Revolving Credit Commitments are less than $1,000,000, such lesser amount) and (y) in the case of Eurodollar
Loans, $1,000,000 or a whole multiple of $1,000,000 in excess thereof. Upon receipt of any such notice from the Borrower, the
Administrative Agent shall promptly notify each Lender thereof. Each Lender will make the amount of its pro rata share
of each borrowing of Revolving Credit Loans available to the Administrative Agent for the account of the Borrower at the Funding
Office prior to 12:00 noon, New York City time, on the Borrowing Date requested by the Borrower in funds immediately available
to the Administrative Agent. Such borrowing will then be made available to the Borrower by the Administrative Agent in like funds
as received by the Administrative Agent.

 

2.6            Repayment
of Loans; Evidence of Debt. (a)  The Borrower hereby unconditionally promises to pay to the Administrative
Agent for the account of the appropriate Lender (i) the then unpaid principal amount of each Revolving Credit Loan of such
Lender on the Revolving Credit Termination Date (or such earlier date on which such Loans become due and payable pursuant to Section 7),
(ii) the then unpaid principal amount of each Tranche A Term Loan on the Tranche A Term Loan Maturity Date, (iii) the
then unpaid principal amount of each Tranche B-3 Term Loan on the Tranche B-3 Term Loan Maturity Date, (iv) the then unpaid
principal amount of each Tranche B-4 Term Loan on the Tranche B-4 Term Loan Maturity Date and (v) the then unpaid principal
amount of each Incremental Term Loan on the applicable Incremental Term Loan Maturity Date. All Tranche A Term Loans were repaid
in full. All Tranche B Term Loans outstanding on the First Amendment Effective Date were repaid in full on the First Amendment
Effective Date. All Tranche B-2 Term Loans outstanding on the Second Amendment Effective Date were repaid in full on the Second
Amendment Effective Date. All Tranche B-3 Term Loans were repaid in full. The Borrower hereby further agrees to pay interest on
the unpaid principal amount of the Loans (other than the Tranche B-4 Term Loans) from time to time outstanding from the Closing
Date until payment in full thereof at the rates per annum, and on the date, set forth in Section 2.13. The Borrower hereby
further agrees to pay interest on the unpaid principal amount of the Tranche B-4 Term Loans from time to time outstanding from
the ThirdFourth
Amendment Effective Date until payment in full thereof at the rates per annum, and on the dates, set forth in Section 2.13.

 

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(b)            Each
Lender shall maintain in accordance with its usual practice an account or accounts evidencing indebtedness of the Borrower to
such Lender resulting from each Loan of such Lender from time to time, including the amounts of principal and interest payable
and paid to such Lender from time to time under this Agreement.

 

(c)            The
Administrative Agent, on behalf of the Borrower, shall maintain the Register pursuant to Section 9.6(d), and a subaccount
therein for each Lender, in which shall be recorded (i) the amount of each Loan made hereunder and any Note evidencing such
Loan, the Type thereof and each Interest Period applicable thereto, (ii) the amount of any principal or interest due and
payable or to become due and payable from the Borrower to each Lender hereunder and (iii) both the amount of any sum received
by the Administrative Agent hereunder from the Borrower and each Lender’s share thereof.

 

(d)            The
entries made in the Register and the accounts of each Lender maintained pursuant to Section 2.6(b) shall, to the extent
permitted by applicable law, be prima facie evidence of the existence and amounts of the obligations of the Borrower therein
recorded; provided, however, that the failure of any Lender or the Administrative Agent to maintain the Register
or any such account, or any error therein, shall not in any manner affect the obligation of the Borrower to repay (with applicable
interest) the Loans made to the Borrower by such Lender in accordance with the terms of this Agreement.

 

(e)            The
Borrower agrees that, upon the request to the Administrative Agent by any Lender, the Borrower will execute and deliver to such
Lender a promissory note of the Borrower evidencing any Revolving Credit Loans or Tranche B-4 Term Loans, as the case may be,
of such Lender, substantially in the forms of Exhibit F-1 and F-3, respectively, with appropriate insertions as to date and
principal amount; provided that delivery of such notes shall not be a condition precedent to the making of the Loans on
the Closing Date or the Restatement Funding Date.

 

2.7            Commitment
Fees, Other Fees. (a) The Borrower agrees to pay to the Administrative Agent for the account of each Revolving
Credit Lender which is not a Defaulting Lender a commitment fee for the period from and including the Closing Date to the last
day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available
Revolving Credit Commitment of such Lender during the period for which payment is made, payable quarterly in arrears on the last
Business Day of each March, June, September and December and on the Revolving Credit Termination Date (or any earlier
date of termination of the Revolving Credit Commitments), commencing on the first of such dates to occur after the Closing Date;
provided that to the extent previously paid by the Borrower to the Administrative Agent, any such commitment fee owing
to a Lender which is a Defaulting Lender shall be withheld by the Administrative Agent for so long as such Lender remains a Defaulting
Lender.

 

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(b)            The
Borrower agrees to pay to the Agents and the Arrangers the fees in the amounts and on the dates agreed to in writing by the Borrower,
the Agents and the Arrangers, as applicable, prior to the Restatement Funding Date. All such fees shall be paid on the dates due,
in immediately available funds, to the Administrative Agent, the Collateral Agent or the Arrangers, as applicable. Once paid,
none of such fees shall be refundable under any circumstances.

 

2.8            Termination
or Reduction of Revolving Credit Commitments. The Borrower shall have the right, upon not less than three Business
Days’ notice to the Administrative Agent (which shall promptly notify each Lender thereof), to terminate the Revolving Credit
Commitments or, from time to time, to reduce the amount of the Revolving Credit Commitments; provided that no such termination
or reduction of Revolving Credit Commitments shall be permitted if, after giving effect thereto and to any prepayments of the
Revolving Credit Loans made on the effective date thereof, the Total Revolving Extensions of Credit would exceed the Total Revolving
Credit Commitments. Any such reduction shall be in an amount equal to $1,000,000, or a whole multiple thereof, and shall reduce
permanently the Revolving Credit Commitments then in effect.

 

2.9            Optional
Prepayments. The Borrower may at any time and from time to time prepay the Loans, in whole or in part, without premium
or penalty (except as otherwise provided herein, including Section 2.3(e)), upon irrevocable notice delivered to the Administrative
Agent, no later than 12:00 noon, New York City time, at least three Business Days prior thereto in the case of Eurodollar Loans
and at least one Business Day prior thereto in the case of Base Rate Loans, which notice shall specify the date and amount of
prepayment and whether the prepayment is of Revolving Credit Loans or Term Loans and whether of Eurodollar Loans or Base Rate
Loans; provided that such notice of prepayment may state that such notice is conditioned upon the effectiveness of other
financing, any public offering or any merger, acquisition or divestiture, in which case such notice may be revoked by notice to
the Administrative Agent on or prior to the specified effective date if such condition is not satisfied (it being understood and
agreed that the foregoing shall not impair or otherwise limit or reduce the Borrower’s obligation to indemnify and hold
harmless Lenders pursuant to Section 2.19(b) in connection with any such default in making any prepayment as specified
in a notice of borrowing that is later revoked); provided, further, that if a Eurodollar Loan is prepaid on any
day other than the last day of the Interest Period applicable thereto, the Borrower shall also pay any amounts owing pursuant
to Section 2.19. Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof.
If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein, together
with (except in the case of prepayments of Base Rate Loans that are Revolving Credit Loans) accrued interest to such date on the
amount prepaid. Partial prepayments of Revolving Credit Loans shall be in an aggregate principal amount of $1,000,000 or a whole
multiple thereof. Voluntary prepayments of Term Loans shall be applied to any tranche or tranches of Term Loans as specified by
the Borrower and, within any such tranche so specified by the Borrower, to the scheduled principal payments of Loans under such
applicable tranche or tranches as directed by the Borrower and in the absence of such direction, in the direct order of maturity.

 

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2.10          Mandatory
Prepayments.  (a)  If any Indebtedness shall be incurred by any Loan Party or its Subsidiaries
(excluding any Indebtedness incurred in accordance with Section 6.2 (other than pursuant to clause (m) thereof)), then
on the date of such incurrence, the Loans shall be prepaid by an amount equal to the amount of the Net Cash Proceeds of such incurrence,
as set forth in Section 2.10(d).

 

(b)            If
on any date the Borrower or any of its Subsidiaries shall receive Net Cash Proceeds from any Asset Sale or Recovery Event then,
unless a Reinvestment Notice shall be delivered in respect thereof, not later than five Business Days following the date of receipt
by the Borrower of such Net Cash Proceeds, the Loans shall be prepaid by an amount equal to the amount of such Net Cash Proceeds,
as set forth in Section 2.10(d); provided that, notwithstanding the foregoing, on each Reinvestment Prepayment Date
the Loans shall be prepaid by an amount equal to the Reinvestment Prepayment Amount with respect to the relevant Reinvestment
Event, as set forth in Section 2.10(d). The provisions of this Section do not constitute a consent to the consummation
of any Disposition not permitted by Section 6.5.

 

(c)            [Reserved];

 

(d)            Amounts
to be applied in connection with prepayments made pursuant to this Section 2.10 (other than amounts to be applied in respect
of Indebtedness incurred in accordance with Section 6.2(m)) shall be allocated pro rata among the Tranche B-4 Term Loans,
any Other Term Loans and any Extended Term Loans (except to the extent that (i) any Loan Modification Offer for any Extended
Term Loans provides that such Extended Term Loans shall participate on a lesser basis or not at all or (ii) any Incremental
Assumption Agreement for any Other Term Loans provides that such Other Term Loans shall participate on a lesser basis or not at
all) and applied in direct order of maturity against the remaining scheduled installments of principal due in respect of the Tranche
B-4 Term Loans, any Other Term Loans and any applicable Extended Term Loans under Sections 2.3(a), 2.3(b), 2.3(c) and
under the applicable Loan Modification Offer, respectively; provided that in the event there are no Tranche B-4 Term Loans,
Other Term Loans or Extended Term Loans outstanding, mandatory prepayments shall be applied to the prepayment of outstanding Revolving
Credit Loans (without any accompanying mandatory reduction of the Revolving Credit Commitments) in direct order of maturity, and
second to cash collateralize outstanding Letters of Credit pro rata. Prepayments of Loans shall in all cases be applied first
to Base Rate Loans and second to Eurodollar Loans. Amounts to be applied pursuant to Section 2.10(a) resulting
from Indebtedness incurred in accordance with Section 6.2(m) shall be applied as directed by the Borrower.

 

(e)            The
Borrower shall deliver to the Administrative Agent, at the time of each prepayment required under this Section 2.10, (i) a
certificate signed by a Responsible Officer setting forth in reasonable detail the calculation of the amount of such prepayment
and (ii) to the extent practicable, at least three Business Days’ (but in any event no later than one Business Day’s)
prior written notice of such prepayment. Each notice of prepayment shall specify the prepayment date, the Type of each Loan being
prepaid and the principal amount of each Loan (or portion thereof) to be prepaid. All prepayments of Loans under this Section 2.10
shall be subject to Section 2.19, but shall otherwise be without premium or penalty, and shall be accompanied by (except
in the case of prepayments of Base Rate Loans that are Revolving Credit Loans) accrued and unpaid interest on the principal amount
to be prepaid to but excluding the date of payment.

 

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2.11            Conversion
and Continuation Options.  (a)  The Borrower may elect from time to time to convert Eurodollar
Loans to Base Rate Loans by giving the Administrative Agent at least three Business Days’ prior irrevocable notice of such
election, provided that any such conversion of Eurodollar Loans may only be made on the last day of an Interest Period
with respect thereto. The Borrower may elect, from time to time, to convert Base Rate Loans to Eurodollar Loans by giving the
Administrative Agent at least three Business Days’ prior irrevocable notice of such election (which notice shall specify
the length of the initial Interest Period therefor); provided that no Base Rate Loan may be converted into a Eurodollar
Loan (i) when any Event of Default has occurred and is continuing and the Administrative Agent has or the Majority Facility
Lenders in respect of such Facility have determined in its or their sole discretion not to permit such conversions or (ii) after
the date that is one month prior to the final scheduled termination or maturity date of such Facility. If no Interest Period with
respect to any Eurodollar Loan is specified in any such notice, then the Borrower shall be deemed to have selected an Interest
Period of one month’s duration. Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant
Lender thereof.

 

(b)            Any
Eurodollar Loan may be continued as such upon the expiration of the then current Interest Period with respect thereto by the Borrower
giving irrevocable notice to the Administrative Agent, in accordance with the applicable provisions of the term “Interest
Period” set forth in Section 1.1, of the length of the next Interest Period to be applicable to such Loan; provided
that no Eurodollar Loan under a particular Facility may be continued as such (i) when any Event of Default has occurred
and is continuing and the Administrative Agent has or the Majority Facility Lenders in respect of such Facility have determined
in its or their sole discretion not to permit such continuations or (ii) after the date that is one month prior to the final
scheduled termination or maturity date of such Facility, and provided, further, that if the Borrower shall fail
to give any required notice as described above in this paragraph or if such continuation is not permitted pursuant to the preceding
proviso such Eurodollar Loan shall be automatically converted to a Base Rate Loan on the last day of such then expiring Interest
Period. Upon receipt of any such notice the Administrative Agent shall promptly notify each relevant Lender thereof.

 

2.12            Minimum
Amounts and Maximum Number of Eurodollar Tranches. Notwithstanding anything to the contrary in this Agreement, all
borrowings, conversions, continuations and optional prepayments of Eurodollar Loans hereunder and all selections of Interest Periods
hereunder shall be in such amounts and be made pursuant to such elections so that, (a) after giving effect thereto, the aggregate
principal amount of the Eurodollar Loans comprising each Eurodollar Tranche shall be equal to $1,000,000 or a whole multiple of
$1,000,000 in excess thereof and (b) no more than ten Eurodollar Tranches shall be outstanding at any one time.

 

2.13            Interest
Rates and Payment Dates.  (a)  Each Eurodollar Loan shall bear interest for each day during each
Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable
Margin.

 

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(b)            Each
Base Rate Loan shall bear interest at a rate per annum equal to the Base Rate plus the Applicable Margin.

 

(c)            If
any Event of Default under Section 7(a) or 7(f) has occurred and is continuing, then, from the date of such Event
of Default and for so long as such Event of Default is continuing, to the fullest extent permitted by law, all amounts outstanding
under this Agreement and the other Loan Documents shall bear interest (after as well as before judgment), payable on demand, (i) in
the case of principal, at the rate otherwise applicable to such Loan pursuant to the foregoing provisions of this Section 2.13
plus 2.00% per annum and (ii) in all other cases, at a rate per annum (computed on the basis of the actual number of days
elapsed over a year of 365 or 366 days, as the case may be, when determined by reference to the Prime Rate and over a year of
360 days at all other times) equal to the rate that would be applicable to Revolving Credit Loans that are Base Rate Loans plus
2.00% per annum.

 

(d)            Interest
shall be payable in arrears on each Interest Payment Date, provided that interest accruing pursuant to paragraph (c) above
shall be payable from time to time on demand.

 

2.14         Computation
of Interest and Fees. (a)  Interest, fees and commissions payable pursuant hereto shall be calculated on
the basis of the actual number of days elapsed over a year of 365 or 366 days, as the case may be, when determined by reference
to the Prime Rate and over a year of 360 days at all other times. The Administrative Agent shall as soon as practicable notify
the Borrower and the relevant Lenders of each determination of a Eurodollar Rate. Any change in the interest rate on a Loan resulting
from a change in the Base Rate or the Eurocurrency Reserve Requirements shall become effective as of the opening of business on
the day on which such change becomes effective. The Administrative Agent shall as soon as practicable notify the Borrower and
the relevant Lenders of the effective date and the amount of each such change in interest rate.

 

(b)            Each
determination of an interest rate by the Administrative Agent pursuant to any provision of this Agreement shall be conclusive
and binding on the Borrower and the Lenders in the absence of manifest error. The Administrative Agent shall, at the request of
the Borrower, deliver to the Borrower a statement showing the quotations used by the Administrative Agent in determining any interest
rate pursuant to Section 2.14(a).

 

2.15            Inability
to Determine Interest Rate and Alternate Rate of Interest.

 

(a)              If
prior to the first day of any Interest Period:

 

(i)            the
Administrative Agent shall have determined (which determination shall be conclusive and binding upon the Borrower) that, by reason
of circumstances affecting the relevant market, adequate and reasonable means do not exist for ascertaining the Eurodollar Rate
(including, without limitation, because the LIBO Screen Rate is not available or published on a current basis), for such Interest
Period, or

 

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(ii)            the
Administrative Agent shall have received notice from the Majority Facility Lenders in respect of the relevant Facility that the
Eurodollar Rate determined or to be determined for such Interest Period will not adequately and fairly reflect the cost to such
Lenders (as conclusively certified by such Lenders) of making or maintaining their affected Loans during such Interest Period,

 

the Administrative Agent shall give telecopy or telephonic
notice thereof to the Borrower and the relevant Lenders as soon as practicable thereafter. If such notice is given (x) any
Eurodollar Loans under the relevant Facility requested to be made on the first day of such Interest Period shall be made as Base
Rate Loans, (y) any Loans under the relevant Facility that were to have been converted on the first day of such Interest
Period to Eurodollar Loans shall be continued as Base Rate Loans and (z) any outstanding Eurodollar Loans under the relevant
Facility shall be converted, on the last day of the then current Interest Period with respect thereto, to Base Rate Loans. Until
such notice has been withdrawn by the Administrative Agent, no further Eurodollar Loans under the relevant Facility shall be made
or continued as such, nor shall the Borrower have the right to convert Loans under the relevant Facility to Eurodollar Loans.

 

(b)            Benchmark
Replacement. Notwithstanding anything to the contrary herein or in any other Loan Document, upon the occurrence of a Benchmark
Transition Event or an Early Opt-in Election, as applicable, the Administrative Agent and the Borrower may amend this Agreement
to replace the LIBO Rate with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become
effective at 5:00 p.m., New York time, on the fifth Business Day after the Administrative Agent has posted such proposed amendment
to all Lenders and the Borrower so long as the Administrative Agent has not received, by such time, written notice of objection
to such amendment from Lenders comprising the Required Lenders. Any such amendment with respect to an Early Opt-in Election will
become effective on the date that Lenders comprising the Required Lenders have delivered to the Administrative Agent written notice
that such Required Lenders accept such amendment. No replacement of the LIBO Rate with a Benchmark Replacement pursuant to this
clause (b) will occur prior to the applicable Benchmark Transition Start Date.

 

(c)            Benchmark
Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement, the Administrative Agent
will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary
herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective
without any further action or consent of any other party to this Agreement.

 

(d)            Notices;
Standards for Decisions and Determinations. The Administrative Agent will promptly notify the Borrower and the Lenders of
(i) any occurrence of a Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark
Replacement Date and Benchmark Transition Start Date, (ii) the implementation of any Benchmark Replacement, (iii) the
effectiveness of any Benchmark Replacement Conforming Changes, and (iv) the commencement or conclusion of any Benchmark Unavailability
Period. Any determination, decision or election that may be made by the Administrative Agent or Lenders pursuant to this Section 2.15,
including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance
or date and any decision to take or refrain from taking any action, will be conclusive and binding absent manifest error and may
be made in its or their sole discretion and without consent from any other party hereto, except, in each case, as expressly required
pursuant to this Section 2.15.

 

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(e)            Benchmark
Unavailability Period. Upon the Borrower’s receipt of notice of the commencement of a Benchmark Unavailability Period,
the Borrower may revoke any request for a Eurodollar Loan of, conversion to or continuation of Eurodollar Loans to be made, converted
or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to have converted any such
request into a request for a Loan of or conversion to Base Rate Loans. During any Benchmark Unavailability Period, the component
of Base Rate based upon LIBO Rate will not be used in any determination of Base Rate.

 

2.16            Pro
Rata Treatment and Payments.

 

(a)            Subject
to the express provisions of this Agreement which require, or permit, differing payments to be made to Non-Defaulting Lenders
as opposed to Defaulting Lenders, and other than with respect to any substituted Lender in accordance with Section 2.22 or
as required or permitted under Section 2.20 or 9.21, each borrowing by the Borrower of Loans hereunder, each payment or prepayment
of principal in respect of any Loans hereunder, each payment of commitment fees pursuant to this Agreement, each reduction of
the Term Loan Commitments or the Revolving Credit Commitments and each conversion or continuation of any borrowing of Loans hereunder
shall be allocated pro rata among the Lenders in accordance with their respective applicable Commitments (or if such Commitments
shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans); provided
that the foregoing provisions of this Section 2.16(a) shall not be construed to apply to any payment obtained by
a Lender as consideration for the assignment of or sale of a participation in any of its Loans or Commitments to any assignee
or participant, other than to the Borrower or any of its Subsidiaries or Affiliates (unless made in accordance with Section 9.6(i) hereto)
(as to which the foregoing provisions of this Section 2.16(a) shall apply), made pursuant to and in accordance with
the express provisions of this Agreement. Each Lender agrees that in computing such Lender’s portion of any borrowing of
Loans to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such borrowing
of Loans to the next higher or lower whole Dollar amount. Each payment in respect of Reimbursement Obligations in respect of any
Letter of Credit shall be made to the Issuing Lender that issued such Letter of Credit.

 

(b)            All
payments (including prepayments) to be made by the Borrower hereunder, whether on account of principal, interest, fees or otherwise,
shall be made without setoff or counterclaim and shall be made prior to 12:00 noon, New York City time, on the due date thereof
to the Administrative Agent, for the account of the Lenders, at the Payment Office, in Dollars and in immediately available funds.
Any payment made after 12:00 noon, New York City time, on any Business Day shall be deemed to have been made on the next succeeding
Business Day (or the same Business Day in the Administrative Agent’s sole discretion). The Administrative Agent shall distribute
such payments to the Lenders promptly upon receipt in like funds as received. Except as otherwise expressly provided herein, if
any payment hereunder becomes due and payable on a day other than a Business Day, such payment shall be extended to the next succeeding
Business Day. If any payment on a Eurodollar Loan becomes due and payable on a day other than a Business Day, the maturity thereof
shall be extended to the next succeeding Business Day unless the result of such extension would be to extend such payment into
another calendar month, in which event such payment shall be made on the immediately preceding Business Day. In the case of any
extension of any payment of principal pursuant to the preceding two sentences, interest thereon shall be payable at the then applicable
rate during such extension.

 

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(c)         Unless
the Administrative Agent shall have been notified in writing by any Lender prior to a borrowing that such Lender will not make
the amount that would constitute its share of such borrowing available to the Administrative Agent, the Administrative Agent may
assume that such Lender is making such amount available to the Administrative Agent, and the Administrative Agent may, in reliance
upon such assumption, make available to the Borrower a corresponding amount. If such amount is not made available to the Administrative
Agent by the required time on the Borrowing Date therefor, such Lender shall pay to the Administrative Agent, on demand, such amount
with interest thereon at a rate equal to the daily average Federal Funds Effective Rate for the period until such Lender makes
such amount immediately available to the Administrative Agent. A certificate of the Administrative Agent submitted to any Lender
with respect to any amounts owing under this paragraph shall be conclusive in the absence of manifest error. If such Lender’s
share of such borrowing is not made available to the Administrative Agent by such Lender within three Business Days of such Borrowing
Date, the Administrative Agent shall also be entitled to recover such amount with interest thereon at the rate per annum applicable
to Base Rate Loans under the relevant Facility, on demand, from the Borrower.

 

(d)         Unless
the Administrative Agent shall have been notified in writing by the Borrower prior to the date of any payment due to be made hereunder
that the Borrower will not make such payment to the Administrative Agent, the Administrative Agent may assume that the Borrower
is making such payment, and the Administrative Agent may, but shall not be required to, in reliance upon such assumption, make
available to the Lenders their respective pro rata shares of a corresponding amount. If such payment is not made to the
Administrative Agent by the Borrower within three Business Days of such due date, the Administrative Agent shall be entitled to
recover, on demand, from each Lender to which any amount which was made available pursuant to the preceding sentence, such amount
with interest thereon at a rate per annum equal to the daily average Federal Funds Effective Rate. Nothing herein shall be deemed
to limit the rights of the Administrative Agent or any Lender against the Borrower.

 

2.17       Requirements
of Law. (a)  Notwithstanding any other provision of this Agreement, if any Change in Law shall:

 

(i)            subject
the Administrative Agent, any Lender or the Issuing Lender to any Taxes in connection with this Agreement or any loan, letter of
credit or commitment made hereunder or its deposits, reserves, other liabilities or capital attributable thereto, or change the
basis of taxation of payments in respect thereof (except for Indemnified Taxes or Other Taxes that are the subject of Section 2.18
and the imposition of any Excluded Tax payable by such Lender or the Issuing Lender);

 

(ii)            impose,
modify or hold applicable any reserve, special deposit, compulsory loan or similar requirement against assets held by, deposits
or other liabilities in or for the account of, advances, loans or other extensions of credit by, or any other acquisition of funds
by, any Lender or the Issuing Lender or any office of such Lender or the Issuing Lender (except any such reserve requirement that
is included in the determination of the Eurodollar Rate hereunder); or

 

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(iii)          shall
impose on such Lender or the Issuing Lender or the London interbank market any other condition affecting this Agreement or Eurodollar
Loans made by such Lender or any Letter of Credit or participation therein;

 

and the result of any of the foregoing shall be to increase
the cost to such Lender or the Issuing Lender, by an amount which such Lender or the Issuing Lender deems to be material, of making,
converting into, continuing or maintaining Eurodollar Loans or issuing, maintaining or participating in Letters of Credit, or to
reduce any amount received or receivable hereunder in respect thereof (whether of principal, interest or otherwise), then, in any
such case, the Borrower shall promptly pay such Lender or the Issuing Lender, upon its demand, any additional amounts necessary
to compensate such Lender or the Issuing Lender for such increased cost or reduced amount received or receivable. If any Lender
or the Issuing Lender becomes entitled to claim any additional amounts pursuant to this Section, it shall promptly notify the Borrower
(with a copy to the Administrative Agent) of the event by reason of which it has become so entitled.

 

(b)         If
any Lender or the Issuing Lender shall have determined that any Change in Law regarding capital adequacy or liquidity requirements
has or would have the effect of reducing the rate of return on such Lender’s or the Issuing Lender’s capital or liquidity
(or on the capital or liquidity of such Lender’s or the Issuing Lender’s holding company) as a consequence of this
Agreement or the Loans made or participations in Letters of Credit purchased by such Lender pursuant hereto or the Letters of Credit
issued by the Issuing Lender pursuant hereto to a level below that which such Lender or the Issuing Lender of such Lender’s
or the Issuing Lender’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s
or the Issuing Lender’s policies and the policies of such Lender’s or the Issuing Lender’s holding company with
respect to capital adequacy or liquidity requirements) by an amount deemed by such Lender or the Issuing Lender to be material,
then from time to time, after submission by such Lender or the Issuing Lender to the Borrower (with a copy to the Administrative
Agent) of a written request therefor, the Borrower shall pay to such Lender or the Issuing Lender such additional amount or amounts
as will compensate such Lender or the Issuing Lender or such Lender’s or the Issuing Lender’s holding company for such
reduction.

 

(c)         A
certificate as to any additional amounts payable pursuant to this Section submitted by any Lender or the Issuing Lender or
their respective applicable holding company to the Borrower setting out in reasonable detail the method of determination of such
additional amounts (with a copy to the Administrative Agent) shall be conclusive in the absence of manifest error. The Borrower
shall pay such Lender or the Issuing Lender the amount shown as due on any such certificate delivered by it within 10 days
after its receipt of the same. The obligations of the Borrower pursuant to this Section shall survive the termination of this
Agreement and the payment of amounts payable hereunder.

 

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(d)         Failure
or delay on the part of any Lender or the Issuing Lender to demand compensation for any increased costs or reduction in amounts
received or receivable or reduction in return on capital shall not constitute a waiver of such Lender’s or the Issuing Lender’s
right to demand such compensation; provided that the Borrower shall not be under any obligation to compensate any Lender
or the Issuing Lender under paragraph (a) or (b) above with respect to increased costs or reductions with respect to
any period prior to the date that is 120 days prior to such request if such Lender or the Issuing Lender knew or could reasonably
have been expected to know of the circumstances giving rise to such increased costs or reductions and of the fact that such circumstances
would result in a claim for increased compensation by reason of such increased costs or reductions; provided further that
the foregoing limitation shall not apply to any increased costs or reductions arising out of the retroactive application of any
Change in Law within such 120-day period. The protection of this Section shall be available to each Lender and the Issuing
Lender regardless of any possible contention of the invalidity or inapplicability of the Change in Law that shall have occurred
or been imposed.

 

2.18       Taxes. (a)Any
and all payments by or on account of any obligation of the Borrower or any other Loan Party hereunder or under any other Loan
Document shall be made free and clear of and without deduction for any Taxes, except as required by applicable law; provided
that, if any Indemnified Taxes or Other Taxes are required by law to be withheld or deducted from such payments, then (i) the
sum payable by the Borrower or any other Loan Party shall be increased as necessary so that after making all required deductions
(including deductions applicable to additional sums payable under this Section) the Administrative Agent, each Lender and the
Issuing Lender (as the case may be) receives an amount equal to the sum it would have received had no such deductions or withholdings
been made, (ii) the Borrower or such Loan Party, or the Administrative Agent shall make such deductions or withholdings and
(iii) the Borrower or such Loan Party, or the Administrative Agent shall pay the full amount deducted or withheld to the
relevant Governmental Authority in accordance with applicable law.

 

(b)         In
addition, the Borrower shall pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law.

 

(c)         The
Borrower shall indemnify the Administrative Agent, each Lender and the Issuing Lender, within 10 days after written demand therefor,
for the full amount of any Indemnified Taxes or Other Taxes paid by the Administrative Agent, such Lender or the Issuing Lender,
as the case may be, on or with respect to any payment by or on account of any obligation of the Borrower or any other Loan Party
hereunder or under any other Loan Document (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to
amounts payable under this Section) and any penalties, interest and reasonable expenses arising therefrom or with respect thereto,
whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental
Authority. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender or the Issuing Lender,
or by the Administrative Agent on behalf of itself, a Lender or the Issuing Lender, shall be conclusive absent manifest error.

 

(d)         As
soon as practicable after any payment of Indemnified Taxes or Other Taxes by the Borrower or any other Loan Party to a Governmental
Authority, the Borrower shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such
Governmental Authority evidencing such payment, a copy of the return reporting such payment or other evidence of such payment reasonably
satisfactory to the Administrative Agent.

 

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(e)           (i)  Any
Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan Document
shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative
Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will
permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if requested
by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by law as will enable the Borrower
or the Administrative Agent to determine whether or not such Lender is subject to any withholding (including backup withholding)
or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion,
execution and submission of such documentation (other than such documentation set forth in Section 2.18(e)(ii) and (f))
shall not be required if in the Lender's judgment such completion, execution or submission would subject such Lender to any material
unreimbursed cost or expense (or, in the case of a Change in Law, any incremental material unreimbursed cost or expense) or would
materially prejudice the legal or commercial position of such Lender or if such Lender is not legally eligible to deliver such
documentation. Upon the reasonable request of such Borrower or the Administrative Agent, any Lender shall update any form or certification
previously delivered pursuant to this Section 2.18(e). If any form or certification previously delivered pursuant to this
Section 2.18(e) expires or becomes obsolete or inaccurate in any respect with respect to a Lender, such Lender shall
promptly notify such Borrower and the Administrative Agent in writing of such expiration, obsolescence or inaccuracy and update
the form or certification or notify the Borrower and the Administrative Agent in writing of its legal ineligibility to do so.

 

(ii)         Without
limiting the generality of the foregoing, any Foreign Lender shall, if it is legally eligible to do so, deliver to such Borrower
and the Administrative Agent on or prior to the date on which such Lender becomes a party hereto and from time to time thereafter
upon the expiration of the previously delivered form or upon the reasonable request of the Borrower or the Administrative Agent,
two accurate and complete executed copies of whichever of the following is applicable: (A) IRS Form W-8BEN or W-8BEN-E
(or the relevant successor form) claiming eligibility for benefits of an income tax treaty to which the U.S. is a party; (B) IRS
Form W-8ECI (or its successor form); (C) IRS Form W-8IMY (or its successor form), together with any required attachments;
(D) IRS Form W-8EXP (or its successor form); or (E) in the case of a Foreign Lender claiming the benefits of the
exemption for portfolio interest under the Code both, IRS Form W-8BEN or W-8BEN-E and a U.S. Tax Compliance Certificate
substantially in the applicable form of Exhibit H; provided that if a Foreign Lender is a partnership and one or more
direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide
a U.S. Tax Compliance Certificate on behalf of each such direct and indirect partner. Any Lender that is not a Foreign Lender shall
deliver to Borrower and the Administrative Agent (at the times and in the manner provided with respect to Foreign Lenders under
the preceding sentence) IRS Form W-9 (or its successor form).

 

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(f)           If
a payment made to a Lender under this Agreement 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 Code, as applicable), such Lender shall deliver to the Administrative Agent, at the time or times prescribed
by law and at such time or times reasonably requested by the Administrative Agent, such documentation prescribed by applicable
law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested
by the Administrative Agent as may be necessary for the Administrative Agent to comply with its obligations under FATCA, to determine
that such Lender has or has not 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 2.18(f), “FATCA” shall include any amendments made to FATCA
after the date of this Agreement.

 

(g)          If
the Administrative Agent, any Lender or the Issuing Lender 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 by the Borrower or with respect to which the Borrower has
paid additional amounts pursuant to this Section 2.18, it shall pay over such refund to the Borrower (but only to the extent
of indemnity payments made, or additional amounts paid, by the Borrower under this Section with respect to the Taxes giving
rise to such refund), net of all out-of-pocket expenses of the Administrative Agent, such Lender or the Issuing Lender, as the
case may be, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund),
provided that the Borrower, upon the request of the Administrative Agent, such Lender or the Issuing Lender agrees to repay
the amount paid over to the Borrower (plus any interest, penalties or other charges imposed by the relevant Governmental Authority)
to the Administrative Agent, such Lender or the Issuing Lender in the event the Administrative Agent, such Lender or the Issuing
Lender is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this Section 2.18(g),
in no event will the Administrative Agent, any Lender or the Issuing Lender be required to pay any amount to the Borrower pursuant
to this paragraph if the payment of such amount would place the Administrative Agent, such Lender or the Issuing Lender in a less
favorable net after-Tax position than it would have been in if the indemnification payments or additional amounts giving rise to
such refund had never been paid. Nothing in this Section 2.18(g) shall be construed to require the Administrative Agent,
any Lender or the Issuing Lender to make available its Tax returns or any other information relating to its Taxes that it deems
confidential to the Borrower or any other Person.

 

(h)          For
the avoidance of doubt, for purposes of determining withholding Taxes imposed under FATCA, (a) as
of the Third Amendment Effective Date, the Tranche B-4 Loan Terms issued on the Third Amendment Effective Date shall not and
(b) as of the Fourth Amendment Effective Date, the Fourth Amendment Incremental Term Loans issued on the Fourth Amendment
Effective Date shall not, in each case, qualify as “grandfathered obligations” within the meaning of
Treasury Regulation Section 1.1471-2(b)(2)(i) or 1.1471-2T(b)(2)(i).

 

(i)           Barclays,
as Administrative Agent, and any successor or supplemental Administrative Agent that is not a “United States person”
within the meaning of Section 7701(a)(3) of the Code, shall deliver to the Borrower, on or prior to the date on which
it becomes a party to this Agreement, two duly completed copies of IRS Form W-8IMY, with the effect that the Borrower may
make payments to the Administrative Agent, to the extent such payments are received by the Administrative Agent as an intermediary,
without deduction or withholding of any Taxes imposed by the United States.

 

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2.19        Indemnity.
The Borrower agrees to indemnify each Lender for and to hold each Lender harmless from any loss or expense that such Lender may
reasonably sustain or incur as a consequence of (a) default by the Borrower in making a borrowing of, conversion into or
continuation of Eurodollar Loans after the Borrower has given a notice requesting the same in accordance with the provisions of
this Agreement, (b) default by the Borrower in making any prepayment after the Borrower has given a notice thereof in accordance
with the provisions of this Agreement or (c) the making of a prepayment or conversion of Eurodollar Loans on a day that is
not the last day of an Interest Period with respect thereto. Such indemnification may include an amount equal to the excess, if
any, of (i) the amount of interest that would have accrued on the amount so prepaid or converted, or not so borrowed, converted
or continued, for the period from the date of such prepayment or conversion or of such failure to borrow, convert or continue
to the last day of such Interest Period (or, in the case of a failure to borrow, convert or continue, the Interest Period that
would have commenced on the date of such failure) in each case at the applicable rate of interest for such Loans provided for
herein (excluding, however, the Applicable Margin included therein, if any) over (ii) the amount of interest (as reasonably
determined by such Lender) that would have accrued to such Lender on such amount by placing such amount on deposit for a comparable
period with leading banks in the interbank eurodollar market. A certificate as to any amounts payable pursuant to this Section submitted
to the Borrower by any Lender shall be conclusive in the absence of manifest error. This covenant shall survive the termination
of this Agreement and the payment of the Loans and all other amounts payable hereunder.

 

2.20        Illegality.
Notwithstanding any other provision herein, if any Change in Law shall make it unlawful for any Lender to make or maintain Eurodollar
Loans as contemplated by this Agreement or to give effect to its obligations as contemplated hereby with respect to any Eurodollar
Loan, then (a) the commitment of such Lender hereunder to make Eurodollar Loans, continue Eurodollar Loans as such and convert
Base Rate Loans to Eurodollar Loans shall forthwith be canceled, (b) such Lender’s Loans then outstanding as Eurodollar
Loans, if any, shall be converted automatically to Base Rate Loans on the respective last days of the then current Interest Periods
with respect to such Loans or within such earlier period as required by law and (c) all payments and prepayments of principal
that would otherwise have been applied to repay the Eurodollar Loans that would have been made by such Lender or the converted
Eurodollar Loans of such Lender shall instead be applied to repay the Base Rate Loans made by such Lender in lieu of, or resulting
from the conversion of, such Eurodollar Loans. If any such conversion of a Eurodollar Loan occurs on a day which is not the last
day of the then current Interest Period with respect thereto, the Borrower shall pay to such Lender such amounts, if any, as may
be required pursuant to Section 2.19.

 

2.21        Change
of Lending Office. Each Lender agrees that, upon the occurrence of any event giving rise to the operation of Section 2.17,
2.18(a) or 2.20 with respect to such Lender, it will, if requested by the Borrower, use reasonable efforts (subject to overall
policy considerations of such Lender) to designate another lending office for any Loans affected by such event with the object
of avoiding the consequences of such event; provided that such designation is made on terms that, in the sole judgment
of such Lender, cause such Lender and its lending office(s) to suffer no economic, legal or regulatory disadvantage, and
provided, further, that nothing in this Section shall affect or postpone any of the obligations of the Borrower
or the rights of any Lender pursuant to Section 2.17, 2.18(a) or 2.20. The Borrower hereby agrees to pay all reasonable
costs and expenses incurred by any Lender in connection with any such designation or assignment.

 

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2.22        Substitution
of Lenders. Upon the receipt by the Borrower from any Lender of a claim under Section 2.17, 2.18 or 2.20, or upon
receipt by the Borrower of written notice that any Lender has become a Defaulting Lender in accordance with the provisions set
forth in the definition of “Defaulting Lender”, or if any Lender refuses to consent to any amendment, waiver or other
modification of any Loan Document requested by the Borrower that requires the consent of all Lenders directly affected thereby
and such amendment, waiver or other modification is consented to by the Required Lenders, the Borrower may: (a) request one
more of the other Lenders to acquire and assume all or part of such Lender’s Loans, Reimbursement Obligations and Revolving
Credit Commitment; or (b) replace such Lender by designating another Lender or a financial institution that is willing to
acquire such Loans and Reimbursement Obligations and assume such Revolving Credit Commitment; provided that (i) such
replacement does not conflict with any Requirement of Law, (ii) no Event of Default (other than, in the case of the replacement
of a Defaulting Lender, as a result of the failure of the Borrower to satisfy its cash collateralization obligations pursuant
to Section 2.31(a)(ii)) shall have occurred and be continuing at the time of such replacement, (iii) the Borrower shall
repay (or the replacement bank or institution shall purchase, at par) all Loans and Reimbursement Obligations, accrued interest,
fees and other amounts owing to such replaced Lender prior to the date of replacement (including all amounts then owing to such
replaced Lender pursuant to Sections 2.17, 2.18 and 2.20 and, if applicable, the prepayment fee pursuant to Section 2.3(d) (with
such assignment being deemed to be a voluntary prepayment for purposes of determining the applicability of Section 2.9, such
amount to be payable by the Borrower)), (iv) the Borrower shall be liable to such replaced Lender under Section 2.19
if any Eurodollar Loan owing to such replaced Lender shall be prepaid (or purchased) other than on the last day of the Interest
Period relating thereto, (v) the replacement bank or institution, if not already a Lender, shall be reasonably satisfactory
to the Administrative Agent and the Issuing Lender, and (vi) the replaced Lender shall be obligated to make such replacement
in accordance with the provisions of Section 9.6 (provided that the Borrower or replacement Lender shall be obligated
to pay the registration and processing fee except in the case of a Defaulting Lender). Each of the Issuing Lender and each Lender
hereby grants to the Administrative Agent an irrevocable power of attorney (which power is coupled with an interest) to execute
and deliver, on behalf of the Issuing Lender or such Lender, as the case may be, as assignor, any Assignment and Assumption necessary
to effectuate any assignment of the Issuing Lender’s or such Lender’s interests hereunder in the circumstances contemplated
by this Section 2.22. A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result
of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease
to apply.

 

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2.23        L/C
Commitment.    (a) Subject to the terms and conditions hereof, each Issuing Lender, in reliance on the
agreements of the other Revolving Credit Lenders set forth in Section 2.26(a), agrees to issue letters of credit (the letters
of credit issued on and after the Closing Date, together with the Existing Letters of Credit, collectively, the “Letters
of Credit”) for the account of the Borrower on any Business Day during the period commencing on the Closing Date and
ending 30 days prior to the Revolving Credit Termination Date in such form as may be approved from time to time by such Issuing
Lender; provided that no Issuing Lender shall have any obligation to issue any Letter of Credit, and no Revolving Credit
Lender shall have any obligations to participate in any Letter of Credit, if, after giving effect to such issuance or participation,
(i) the L/C Obligations would exceed the L/C Commitment or (ii) the aggregate amount of the Available Revolving Credit
Commitments would be less than zero; provided, further, that in no event shall Barclays, RBC, Bank of America, Credit
Suisse, Deutsche Bank AG New York Branch, Bank of Montreal, Citizens, TD Securities or Rabobank, or any of their respective offices,
branches or Affiliates, in each case to the extent that it is an Issuing Lender hereunder, be required to issue any trade Letter
of Credit. Each Letter of Credit shall (i) be denominated in Dollars and (ii) expire no later than the earlier of (x) the
first anniversary of its date of issuance and (y) the date which is five Business Days prior to the Revolving Credit Termination
Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year
periods (which shall in no event extend beyond the date referred to in clause (y) above).

 

(b)          No
Issuing Lender shall at any time be obligated to issue any Letter of Credit hereunder if such issuance would conflict with, or
cause such Issuing Lender or any L/C Participant to exceed any limits imposed by, any applicable Requirement of Law. Notwithstanding
anything to the contrary contained in this Section 2.23 or elsewhere in this Agreement, in the event that a Revolving
Credit Lender is a Defaulting Lender, the Issuing Lender shall not be required to issue any Letter of Credit unless such Defaulting
Lender’s Revolving Credit Percentage of the L/C Obligations, after giving effect to the issuance of such Letter of Credit,
may be reallocated among Non-Defaulting Lenders in accordance with Section 2.31(a)(iv) or, if such reallocation
is not available in accordance with such Section, each Issuing Bank has entered into arrangements satisfactory to it and the Borrower
to eliminate such Issuing Bank’s risk with respect to the participation in Letters of Credit by all such Defaulting Lenders,
which may include by cash collateralizing each such Defaulting Lender’s Pro Rata Percentage of each Letter of Credit issued
while such Defaulting Lender remains a Defaulting Lender.

 

2.24        Procedure
for Issuance of Letter of Credit. The Borrower may from time to time request that an Issuing Lender issue a Letter
of Credit by delivering to such Issuing Lender at its address for notices specified herein an Application therefor, completed
to the reasonable satisfaction of such Issuing Lender, and such other certificates, documents and other papers and information
as such Issuing Lender may reasonably request with respect to the requested Letter of Credit. Upon receipt of any Application,
an Issuing Lender will process such Application and the certificates, documents and other papers and information delivered to
it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit requested
thereby (but in no event shall any Issuing Lender be required to issue any Letter of Credit earlier than three Business Days after
its receipt of the Application therefor and all such other certificates, documents and other papers and information relating thereto)
by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed to by such Issuing Lender
and the Borrower. Promptly after issuance by an Issuing Lender of a Letter of Credit, such Issuing Lender shall furnish a copy
of such Letter of Credit to the Borrower. Each Issuing Lender shall promptly furnish to the Administrative Agent, which shall
in turn promptly furnish to the Lenders, notice of the issuance of each Letter of Credit issued by it (including the amount thereof).

 

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2.25        Fees
and Other Charges. (a) The Borrower will pay a fee on the aggregate drawable amount of all outstanding Letters
of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Revolving Credit Loans that are Eurodollar
Loans, shared ratably among the Lenders and payable quarterly in arrears on each L/C Fee Payment Date after the issuance date.
In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee in an amount equal to 0.25% of the
aggregate drawable amount of all outstanding Letters of Credit issued by it, payable quarterly in arrears on each L/C Fee Payment
Date after the date of Issuance.

 

(b)          In
addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for such normal and customary costs and
expenses as are incurred or charged by such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise
administering any Letter of Credit.

 

2.26        L/C
Participations.  (a) Each Issuing Lender irrevocably agrees to grant and hereby grants to each L/C Participant,
and, to induce each Issuing Lender to issue Letters of Credit hereunder, each L/C Participant irrevocably agrees to accept and
purchase and hereby accepts and purchases from each Issuing Lender, on the terms and conditions hereinafter stated, for such L/C
Participant’s own account and risk an undivided interest equal to such L/C Participant’s Revolving Credit Percentage
in each Issuing Lender’s obligations and rights under and in respect of each Letter of Credit issued by such Issuing Lender
hereunder and the amount of each draft paid by such Issuing Lender thereunder. Each L/C Participant unconditionally and irrevocably
agrees with each Issuing Lender that, if a draft is paid under any Letter of Credit by such Issuing Lender for which such Issuing
Lender is not reimbursed in full by the Borrower in accordance with the terms of this Agreement, such L/C Participant shall pay
to such Issuing Lender upon demand at such Issuing Lender’s address for notices specified herein an amount equal to such
L/C Participant’s Revolving Credit Percentage of the amount of such draft, or any part thereof, that is not so reimbursed.

 

(b)          If
any amount required to be paid by any L/C Participant to an Issuing Lender pursuant to Section 2.26(a) in respect of
any unreimbursed portion of any payment made by such Issuing Lender under any Letter of Credit is paid to such Issuing Lender within
three Business Days after the date such payment is due, such L/C Participant shall pay to such Issuing Lender on demand an amount
equal to the product of (i) such amount, times (ii) the daily average Federal Funds Effective Rate during the period
from and including the date such payment is required to the date on which such payment is immediately available to such Issuing
Lender, times (iii) a fraction the numerator of which is the number of days that elapse during such period and the denominator
of which is 360. If any such amount required to be paid by any L/C Participant pursuant to Section 2.26(a) is not made
available to such Issuing Lender by such L/C Participant within three Business Days after the date such payment is due, such Issuing
Lender shall be entitled to recover from such L/C Participant, on demand, such amount with interest thereon calculated from such
due date at the rate per annum applicable to Base Rate Loans under the Revolving Credit Facility. A certificate of such Issuing
Lender submitted to any L/C Participant with respect to any such amounts owing under this Section shall be conclusive in the
absence of manifest error.

 

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(c)          Whenever,
at any time after an Issuing Lender has made payment under any Letter of Credit and has received from any L/C Participant its pro
rata share of such payment in accordance with Section 2.26(a), such Issuing Lender receives any payment related to such
Letter of Credit (whether directly from the Borrower or otherwise, including proceeds of collateral applied thereto by such Issuing
Lender), or any payment of interest on account thereof, such Issuing Lender will distribute to such L/C Participant its pro
rata share thereof; provided, however, that in the event that any such payment received by such Issuing Lender
shall be required to be returned by such Issuing Lender, such L/C Participant shall return to such Issuing Lender the portion thereof
previously distributed by such Issuing Lender to it.

 

(d)          Each
Revolving Credit Lender’s obligation to purchase, pursuant to Section 2.26(a), such Lender’s Revolving Credit
Percentage in each Issuing Lender’s obligations and rights under and in respect of each Letter of Credit issued by such Issuing
Lender hereunder shall be absolute and unconditional and shall not be affected by any circumstance, including, without limitation,
(i) any setoff, counterclaim, recoupment, defense or other right which such Lender or the Borrower may have against such Issuing
Lender, the Borrower or any other Person for any reason whatsoever; (ii) the occurrence or continuance of a Default or an
Event of Default or the failure to satisfy any of the other conditions specified in Section 4; (iii) any adverse change
in the condition (financial or otherwise) of the Borrower or any other Loan Party; (iv) any breach of this Agreement or any
other Loan Document by the Borrower, any other Loan Party or any other Lender; or (v) any other circumstance, happening or
event whatsoever, whether or not similar to any of the foregoing.

 

2.27        Reimbursement
Obligation of the Borrower. The Borrower agrees to reimburse each Issuing Lender on each date on which such Issuing
Lender notifies the Borrower of the date and amount of a draft presented under any Letter of Credit and paid by such Issuing Lender
(but in any event no such reimbursement shall be required before the date on which Base Rate Loans would be made (or the procedure
specified in Section 2.26 would become applicable) as described in the last two sentences of this Section) for the amount
of (a) such draft so paid and (b) any taxes, fees, charges or other costs or expenses incurred by such Issuing Lender
in connection with such payment (the amounts described in the foregoing clauses (a) and (b) in respect of any drawing,
collectively, the “Payment Amount”). Each such payment shall be made to such Issuing Lender at its address
for notices specified herein in lawful money of the United States of America and in immediately available funds. Interest shall
be payable on each Payment Amount from the date of the applicable drawing until payment in full at the rate set forth in (i) until
the second Business Day following the date of the applicable drawing, Section 2.13(b) and (ii) thereafter, Section 2.13(c).
Each drawing under any Letter of Credit shall (unless an event of the type described in clause (i) or (ii) of Section 7(f) shall
have occurred and be continuing with respect to the Borrower, in which case the procedures specified in Section 2.26 for
funding by L/C Participants shall apply) constitute a request by the Borrower to the Administrative Agent for a borrowing pursuant
to Section 2.5 of Base Rate Loans in the amount of such drawing. The Borrowing Date with respect to such borrowing shall
be the first date on which a borrowing of Revolving Credit Loans could be made, pursuant to Section 2.5, if the Administrative
Agent had received a notice of such borrowing at the time of such drawing under such Letter of Credit.

 

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2.28        Obligations
Absolute. The Borrower’s obligations under Sections 2.23 through 2.29 shall be absolute and unconditional under
any and all circumstances and irrespective of any setoff, counterclaim or defense to payment that the Borrower may have or have
had against any Issuing Lender, any L/C Participant, any beneficiary of a Letter of Credit or any other Person. The Borrower also
agrees that each Issuing Lender and the L/C Participant shall not be responsible for, and the Borrower’s Reimbursement Obligations
under Section 2.27 shall not be affected by, among other things, the validity or genuineness of documents or of any endorsements
thereon, even though such documents shall in fact prove to be invalid, fraudulent or forged, or any dispute between or among the
Borrower and any beneficiary of any Letter of Credit or any other party to which such Letter of Credit may be transferred or any
claims whatsoever of the Borrower against any beneficiary of such Letter of Credit or any such transferee. No Issuing Lender or
L/C Participant shall be liable for any error, omission, interruption or delay in transmission, dispatch or delivery of any message
or advice, however transmitted, in connection with any Letter of Credit, except for errors or omissions found by a final and nonappealable
decision of a court of competent jurisdiction to have resulted from the gross negligence, willful misconduct or bad faith of such
Issuing Lender. The Borrower agrees that any action taken or omitted by an Issuing Lender under or in connection with any Letter
of Credit issued by it or the related drafts or documents, if done in the absence of gross negligence, willful misconduct or bad
faith and in accordance with the standards of care specified in the Uniform Commercial Code of the State of New York, shall be
binding on the Borrower and shall not result in any liability of such Issuing Lender or any L/C Participant to the Borrower.

 

2.29        Letter
of Credit Payments. If any draft shall be presented for payment under any Letter of Credit, the relevant Issuing Lender
shall promptly notify the Borrower of the date and amount thereof. The responsibility of the relevant Issuing Lender to the Borrower
in connection with any draft presented for payment under any Letter of Credit issued by such Issuing Lender shall, in addition
to any payment obligation expressly provided for in such Letter of Credit, be limited to determining that the documents (including
each draft) delivered under such Letter of Credit in connection with such presentment are substantially in conformity with such
Letter of Credit.

 

2.30        Applications.
To the extent that any provision of any Application related to any Letter of Credit is inconsistent with the provisions of Sections
2.23 through 2.29, the provisions of Sections 2.23 through 2.29 shall apply; provided, however, that any term, condition
or provision of any Application which is in addition to, or the subject matter of which is not in, part of or covered by, the
provisions of Sections 2.23 through 2.29 shall not be considered as being or deemed to be in conflict with or inconsistent with
the provisions of Sections 2.23 through 2.29.

 

2.31        Defaulting
Lenders. (a) Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting
Lender, then the following provisions shall apply for so long as such Lender is a Defaulting Lender:

 

(i)            Waivers
and Amendments. Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect
to this Agreement shall be restricted as set forth in the definition of Required Lenders.

 

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(ii)           Defaulting
Lender Waterfall. Any payment of principal, interest, fees or other amounts received by the Administrative Agent for the account
of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Section 7 or otherwise) or received by
the Administrative Agent from a Defaulting Lender pursuant to Section 9.7 shall be applied at such time or times as may be
determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender
to the Administrative Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by such Defaulting
Lender to the Issuing Lender hereunder; third, to cash collateralize the Issuing Lender’s Fronting Exposure with respect
to such Defaulting Lender in accordance with Section 2.31(d); fourth, as the Borrower may request (so long as no Default
or Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund its portion
thereof as required by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative
Agent and the Borrower, to be held in a deposit account and released pro rata in order to (x) satisfy such Defaulting Lender’s
potential future funding obligations with respect to Loans under this Agreement and (y) cash collateralize the Issuing Lender’s
future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of Credit issued under this Agreement,
in accordance with Section 2.31(d); sixth, to the payment of any amounts owing to the Lenders or the Issuing Lender
as a result of any judgment of a court of competent jurisdiction obtained by any Lender or the Issuing Lender against such Defaulting
Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as
no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a result of any judgment of a court
of competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting Lender’s
breach of its obligations under this Agreement; and eighth, so long as payment on account of any amount owing to the Borrower
as a result of any judgment of a court of competent jurisdiction obtained by the Borrower against the Defaulting Lender required
to be paid under the seventh clause above has been made, to such Defaulting Lender or as otherwise directed by a court of competent
jurisdiction; provided that if (x) such payment is a payment of the principal amount of any Loans or L/C Disbursements
in respect of which such Defaulting Lender has not fully funded its appropriate share, and (y) such Loans were made or the
related Letters of Credit were issued at a time when the conditions set forth in Section 4.2 were satisfied or waived, such
payment shall be applied solely to pay the Loans of, and L/C Disbursements owed to, all Lenders that are not Defaulting Lenders
(such Lenders, “Non-Defaulting Lenders”) on a pro rata basis prior to being applied to the payment of any Loans
of, or L/C Disbursements owed to, such Defaulting Lender until such time as all Loans and L/C Exposure are held by the Lenders
pro rata in accordance with the Commitments under the applicable facility without giving effect to Section 2.31(a)(iv). Any
payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by
a Defaulting Lender or to post cash collateral pursuant to this Section 2.31(a)(ii) shall be deemed paid to and redirected
by such Defaulting Lender, and each Lender irrevocably consents hereto.

 

(iii)          Certain
Fees. (A) No Defaulting Lender shall be entitled to receive any Commitment Fee for any period during which that Lender
is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have
been paid to that Defaulting Lender).

 

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(A)            Each
Defaulting Lender shall be entitled to receive L/C Participation Fees for any period during which that Lender is a Defaulting Lender
only to the extent allocable to its Pro Rata Percentage of the stated amount of Letters of Credit for which it has provided cash
collateral pursuant to Section 2.31(d).

 

(B)            With
respect to any L/C Participation Fee not required to be paid to any Defaulting Lender pursuant to clause (B) above, the Borrower
shall (x) pay to each Non-Defaulting Lender that portion of any such fee otherwise payable to such Defaulting Lender with
respect to such Defaulting Lender’s obligation to fund participations in respect of Letters of Credit that have been reallocated
to such Non-Defaulting Lender pursuant to clause (iv) below, (y) pay to the Issuing Lender the amount of any such fee
otherwise payable to such Defaulting Lender to the extent allocable to the Issuing Lender’s Fronting Exposure to such Defaulting
Lender, and (z) not be required to pay the remaining amount of any such fee

 

(iv)          Reallocation
of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s obligation to fund participations
in respect of Letters of Credit shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Pro Rata
Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that (x) the conditions
set forth in Section 4.2 are satisfied at the time of such reallocation (and, unless the Borrower shall have otherwise notified
the Administrative Agent at such time, the Borrower shall be deemed to have represented and warranted that such conditions are
satisfied at such time), and (y) such reallocation does not cause the aggregate Revolving Extensions of Credit of any Non-Defaulting
Lender to exceed such non-Defaulting Lender’s Revolving Credit Commitment. Subject to Section 9.24, no reallocation
hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that
Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s
increased exposure following such reallocation.

 

(v)           Cash
Collateral. If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrower
shall, without prejudice to any right or remedy available to it hereunder or under law, cash collateralize the Issuing Lender’s
Fronting Exposure in accordance with the procedures set forth in Section  2.31(d).

 

(b)         Defaulting
Lender Cure. If the Borrower, the Administrative Agent and the Issuing Lender agree in writing that a Lender is no longer a
Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in
such notice and subject to any conditions set forth therein (which may include arrangements with respect to any cash collateral),
that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such
other actions as the Administrative Agent may determine to be necessary to cause the Loans and funded and unfunded participations
in Letters of Credit to be held pro rata by the Lenders in accordance with the Commitments under the applicable facility (without
giving effect to Section 2.31(a)(iv), whereupon such Lender will cease to be a Defaulting Lender; provided that no
adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower while that
Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the
affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any
party hereunder arising from that Lender’s having been a Defaulting Lender; and provided, further, that if
any amounts would be due to the Non-Defaulting Lenders under Section 2.19 as a result of a payment of a Eurodollar Loan, the
Defaulting Lender shall pay such amounts to the Non-Defaulting Lenders entitled thereto.

 

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(c)          New
Letters of Credit. So long as any Lender is a Defaulting Lender, the Issuing Lender shall not be required to issue, extend,
renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto.

 

(d)          Cash
Collateral. (i)At any time that there shall exist a Defaulting Lender, within one Business Day following the written request
of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall cash collateralize
the Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.31(a)(iv) and
any cash collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount.

 

(ii)            The
Borrower, and to the extent provided by any Defaulting Lender, such Defaulting Lender, hereby grants to the Administrative Agent,
for the benefit of the Issuing Lender, and agrees to maintain, a first priority security interest in all such cash collateral as
security for the Defaulting Lenders’ obligation to fund participations in respect of Letters of Credit, to be applied pursuant
to clause (b) below. If at any time the Administrative Agent determines that cash collateral is subject to any right or claim
of any Person other than the Administrative Agent and the Issuing Lender as herein provided (other than Permitted Liens), or that
the total amount of such cash collateral is less than the Minimum Collateral Amount, the Borrower will, promptly upon demand by
the Administrative Agent, pay or provide to the Administrative Agent additional cash collateral in an amount sufficient to eliminate
such deficiency (after giving effect to any cash collateral provided by the Defaulting Lender.

 

(iii)           Notwithstanding
anything to the contrary contained in this Agreement, cash collateral provided under this Section 2.31 in respect of Letters
of Credit shall be applied to the satisfaction of the Defaulting Lender’s obligation to fund participations in respect of
Letters of Credit (including, as to cash collateral provided by a Defaulting Lender, any interest accrued on such obligation) for
which the cash collateral was so provided, prior to any other application of such property as may otherwise be provided for herein.

 

(iv)           Cash
collateral (or the appropriate portion thereof) provided to reduce the Issuing Lender’s Fronting Exposure shall no longer
be required to be held as cash collateral pursuant to this Section 2.31 following (i) the elimination of the applicable
Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (ii) the determination
by the Administrative Agent and the Issuing Lender that there exists excess cash collateral; provided that, subject to
this Section 2.31 the Person providing cash collateral and the Issuing Lender may agree that cash collateral shall be held
to support future anticipated Fronting Exposure or other obligations and provided, further, that to the extent that
such cash collateral was provided by the Borrower, such cash collateral shall remain subject to the security interest granted
pursuant to the Loan Documents.

 

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2.32        Incremental
Loans and Commitments.

 

(a)           The
Borrower may, by written notice to the Administrative Agent from time to time request (A) Incremental Term Loan Commitments,
and/or (B) Incremental Revolving Commitments by increasing the Total Revolving Credit Commitments, from one or more Incremental
Term Lenders and/or Incremental Revolving Lenders, all of which must meet the requirements for assignees under Section 9.6(d).
Such notice shall set forth (i) the amount of the Incremental Term Loan Commitments or Incremental Revolving Commitments being
requested (which shall be in minimum increments of $5,000,000 and a minimum amount of $10,000,000), (ii) the date on which
such Incremental Term Loan Commitments or Incremental Revolving Commitments are requested to become effective (which shall not
be less than 10 Business Days nor more than 60 days after the date of such notice) (the “Increased Amount Date”),
and (iii) with respect to Incremental Term Loan Commitments, whether such Incremental Term Loan Commitments are commitments
to make additional Tranche B-4 Term Loans or commitments to make term loans with terms different from the Tranche B-4 Term Loans,
including, for the avoidance of doubt, tranche A term loans (such other term loans, the “Other Term Loans”).

 

(b)          The
Borrower may seek Incremental Term Loan Commitments or Incremental Revolving Commitments from existing Lenders (each of which shall
be entitled to agree or decline to participate in its sole discretion) and additional banks, financial institutions and other institutional
lenders who will become Incremental Term Lenders or Incremental Revolving Lenders in connection therewith. The Borrower and each
Incremental Term Lender or Incremental Revolving Lender shall execute and deliver to the Administrative Agent an Incremental Assumption
Agreement and such other documentation as the Administrative Agent shall reasonably specify to evidence the Incremental Term Loan
Commitment or Incremental Revolving Commitments of each Incremental Term Lender or Incremental Revolving Lender. The terms and
provisions of any Incremental Term Loans that are additional Tranche B-4 Term Loans shall be identical to those of the Tranche
B-4 Term Loans on the ThirdFourth
Amendment Effective Date. The terms and provisions of any Incremental Revolving Loans and Incremental Revolving Commitments shall
be identical to those of the Revolving Credit Loans and Revolving Credit Commitments made on the Closing Date. The terms and provisions
of the Other Term Loans shall be identical to those of the Tranche B-4 Term Loans, as applicable, except as otherwise set forth
herein or in the Incremental Assumption Agreement, and any such terms not consistent with those of such applicable Loans, shall
be reasonably satisfactory to the Administrative Agent (provided that, notwithstanding anything to the contrary contained
herein or in any other Loan Document, the Incremental Term Loans and Incremental Revolving Loans shall constitute Obligations hereunder
and shall be secured by the Collateral on a pari passu basis with all other Obligations). Without the prior written consent of
the Required Lenders:

 

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(i)            except
with respect to Other Term Loans that contain provisions customarily applicable to tranche A term loans, the final maturity date
of any Other Term Loans shall be no earlier than the Latest Maturity Date,

 

(ii)           except
with respect to Other Term Loans that contain provisions customarily applicable to tranche A term loans, the Weighted Average Life
to Maturity of the Other Term Loans shall be no shorter than the Weighted Average Life to Maturity of the Tranche of Term Loans
hereunder which has the longest Weighted Average Life to Maturity,

 

(iii)            the
obligations of the Borrower and its Subsidiaries in respect of the Other Term Loans shall not be secured by any property or assets
of the Borrower or any of its Subsidiaries other than the Collateral and shall not be guaranteed by any Subsidiaries of the Borrower
other than the Subsidiary Guarantors,

 

(iv)          the
Other Term Loans shall not receive mandatory prepayments in excess of their ratable share hereunder in accordance with Section 2.10(d),

 

(v)           in
connection with Other Term Loans that are incurred prior to the twenty four-month anniversary of the Third Amendment Effective
Date and contain provisions customarily applicable to Tranche B term loans, if the initial All-In Yield of such Other Term Loans
exceeds the All-In Yield for the Tranche B-4 Term Loans that are Eurodollar Loans by more than 50 basis points (the amount of such
excess above 50 basis points being referred to herein as the “Yield Differential”), then the Applicable Margin
then in effect for Tranche B-4 Term Loans shall automatically be increased by the Yield Differential, effective upon the making
of the Other Term Loans; provided, further, that this clause (viv)
shall not apply to Other Term Loans that are incurred to finance, in whole or in part, a Transformative Acquisition, and

 

(vi)          with
respect to Other Term Loans that contain provisions customarily applicable to tranche A term loans, the pricing of Other Term Loans
may be subject to “most favored nations” provisions if and to the extent set forth in the Incremental Assumption Agreement
for such tranche of Other Term Loans,

 

The Administrative
Agent shall promptly notify each Lender as to the effectiveness of each Incremental Assumption Agreement. Each of the parties hereto
hereby agrees that, upon the effectiveness of any Incremental Assumption Agreement, this Agreement shall be deemed amended to the
extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Loan Commitment or the Incremental
Revolving Commitments and the Incremental Term Loans or the Incremental Revolving Loans evidenced thereby, and the Administrative
Agent and the Borrower may revise this Agreement to evidence such amendments.

 

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(c)          Notwithstanding
the foregoing, no Incremental Term Loan Commitment or Incremental Revolving Commitment shall become effective under this Section 2.32
unless on the date of such effectiveness, (i) the conditions set forth in Section 4.2(a) (provided that,
if such extension of credit is used to finance a Permitted Acquisition, then the only representations and warranties that will
be required to be true and correct in all material respects as a condition to funding on the applicable extension of credit date
shall be (x) the Specified Representations and (y) such of the representations and warranties made by or on behalf of
the applicable acquired company or business (or the seller thereof) in the applicable acquisition agreement as are material to
the interests of the Lenders, but only to the extent that the Borrower or any Subsidiary Guarantor has the right to terminate
the obligations of the Borrower or any Subsidiary Guarantor under such acquisition agreement or not consummate such acquisition
as a result of the inaccuracy of such representations or warranties in such acquisition agreement) and 4.2(b) (provided
that, if such extension of credit is used to finance a Permitted Acquisition, then such Incremental Term Lenders or Incremental
Revolving Lender, as applicable, may agree that Section 4.2(b) shall not apply to such extension of credit (unless the
Default or Event of Default arises from Section 7(a) or (f))) shall be satisfied and the Administrative Agent shall
have received a certificate to that effect dated such date and executed by a Responsible Officer, (ii) the Borrower would
be in compliance with the covenants set forth in Section 6.1 and the Consolidated Senior Secured Leverage Ratio would be
less than or equal to 4.00 to 1.00 as of the most recently completed Fiscal Quarter ending prior to such transaction for which
the financial statements and certificates required by Sections 5.1 and 5.2(a) have been delivered, after giving effect to
such Incremental Term Loan Commitments transaction and to any other event occurring after such period as to which pro forma recalculation
is appropriate as if such events had occurred as of the first day of such period, and assuming that (X) the Incremental Revolving
Commitments are fully drawn and (Y) the cash proceeds of any Incremental Revolving Loans and Incremental Term Loans are not
netted from Consolidated Total Debt for purposes of calculating such Consolidated Senior Secured Leverage Ratio, (iii) except
as otherwise specified in the applicable Incremental Assumption Agreement, the Administrative Agent shall have received (with
sufficient copies for each of the Incremental Lenders) legal opinions, board resolutions and other closing certificates reasonably
requested by the Administrative Agent and consistent with those delivered on the Restatement Funding Date under Section 4.1,
(iv) the Administrative Agent and each applicable Lender shall have received all fees and expenses owed in respect of such
Incremental Term Loan Commitments or Incremental Revolving Commitment and (v) the terms and documentation in respect of such
Incremental Term Loan Commitments or Incremental Revolving Commitment, to the extent not consistent with this Agreement, shall
be reasonably satisfactory to the Administrative Agent.

 

(d)          Each
of the parties hereto hereby agrees that the Administrative Agent may, in consultation with the Borrower, take any and all action
as may be reasonably necessary to ensure that all Incremental Term Loans (other than Other Term Loans), when originally made, are
included in each borrowing hereunder of outstanding Tranche B-4 Term Loans on a pro rata basis. This may be accomplished by requiring
each outstanding borrowing of the Tranche B-4 Term Loans that are Eurodollar Loans to be converted into Base Rate Loans on the
date of each Incremental Term Loan, or by allocating a portion of each Incremental Term Loan to each outstanding borrowing of Tranche
B-4 Term Loans that are Eurodollar Loans on a pro rata basis. Any conversion of Tranche B-4 Term Loans that are Eurodollar Loans
to Base Rate Loans required by the preceding sentence shall not be subject to Section 2.19. If any Incremental Term Loan is
to be allocated to an existing Interest Period for a borrowing of Tranche B-4 Term Loans that are Eurodollar Loans, then the interest
rate thereon for such Interest Period and the other economic consequences thereof shall be as set forth in the applicable Incremental
Term Loan Assumption Agreement. In addition, to the extent any Incremental Term Loans are not Other Term Loans, the scheduled amortization
payments under Section 2.3(a) required to be made after the making of such Incremental Term Loans shall be ratably increased
by the aggregate principal amount of such Incremental Term Loans and shall be further increased for all Lenders on a pro rata basis
to the extent necessary to avoid any reduction in the amortization payments to which the Tranche B-4 Term Lenders were entitled
before such recalculation.

 

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(e)          The
Loans and Commitments extended or established pursuant to this Section 2.32 shall constitute Loans and Commitments under,
and shall be entitled to all the benefits afforded by, this Agreement and the other Loan Documents, and shall, without limiting
the foregoing, benefit equally and ratably from the guarantees and security interests created by the Security Documents. The Loan
Parties shall take any actions reasonably required by the Administrative Agent to ensure or demonstrate that the Lien and security
interests granted by the Security Documents continue to be perfected under the Uniform Commercial Code or otherwise after giving
effect to the extension or establishment of any such Loans or any such Commitments.

 

(f)           On
any Increased Amount Date on which Incremental Revolving Commitments are effected, subject to the satisfaction of the foregoing
terms and conditions, (a) each of the Revolving Credit Lenders shall assign to each of the Incremental Revolving Lenders,
and each of the Incremental Revolving Lenders shall purchase from each of the Revolving Credit Lenders, at the principal amount
thereof (together with accrued interest), such interests in the Revolving Credit Loans outstanding on such Increased Amount Date
as shall be necessary in order that, after giving effect to all such assignments and purchases, such Revolving Credit Loans will
be held by existing Revolving Credit Lenders and Incremental Revolving Lenders ratably in accordance with their Revolving Credit
Commitments after giving effect to the addition of such Incremental Revolving Commitments to the Revolving Commitments, (b) each
Incremental Revolving Commitment shall be deemed for all purposes a Revolving Credit Commitment and each Loan made thereunder shall
be deemed, for all purposes, a Revolving Credit Loan and (c) each Incremental Revolving Lender shall become a Lender with
respect to the Incremental Revolving Commitment and all matters relating thereto.

 

Section 3.
REPRESENTATIONS AND WARRANTIES

 

To induce the Agents, the Issuing Lender and
the Lenders to enter into this Agreement and to make the Loans and to issue or participate in Letters of Credit, the Borrower hereby
represents and warrants to each Agent, the Issuing Lender and each Lender that:

 

3.1          Financial
Condition. (a) The unaudited pro forma consolidated balance sheet of the Borrower and its consolidated
Subsidiaries as at June 30, 2014 and related pro forma consolidated statements of income and cash flows of the Borrower and
its consolidated Subsidiaries (collectively, the “Pro Forma Financial Statements”), copies of which have heretofore
been furnished to each Lender, have been prepared giving effect (as if such events had occurred on such date) to (i) the
Loans and other extensions of credit to be made hereunder on the Closing Date and the use of proceeds thereof and (ii) the
payment of fees and expenses in connection with the foregoing. The Pro Forma Financial Statements have been prepared based on
the information available to the Borrower as of the date of delivery thereof, and presents fairly in all material respects on
a pro forma basis the estimated financial condition of Borrower and its consolidated Subsidiaries as at June 30, 2014 (in
the case of such balance sheet) or at the beginning of such period (in the case of such other financial statements), assuming
that the events specified in the preceding sentence had actually occurred at such date.

 

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(b)          The
audited consolidated balance sheets of the Borrower as at December 31, 2011, December 29, 2012 and December 28,
2013, and the related consolidated statements of income and of cash flows for the fiscal years ended on such dates, reported on
by and accompanied by an unqualified report from KPMG LLP, present fairly in all material respects the consolidated financial condition
of the Borrower as at such date, and the consolidated results of its operations and its consolidated cash flows for the respective
fiscal years then ended. The unaudited consolidated balance sheet of the Borrower as at May 1, 2014, and the related unaudited
consolidated statements of income and cash flows for the 17-week period ended on such date, present fairly in all material respects
the consolidated financial condition of Borrower as at such date, and the consolidated results of its operations and its consolidated
cash flows for the 17-week period then ended (subject to normal year-end audit adjustments). All such financial statements, including
the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods
involved (except as approved by the aforementioned firm of accountants and disclosed therein and subject, in the case of any such
unaudited financial statements to normal year-end audit adjustments and the absence of notes). The Borrower and its Subsidiaries
do not have any material Guarantee Obligations, contingent liabilities and liabilities for taxes, or any long-term leases or unusual
forward or long-term commitments, including, without limitation, any interest rate or foreign currency swap or exchange transaction
or other obligation in respect of derivatives, that are not reflected in the most recent financial statements referred to in this
paragraph. During the period from March 31, 2014 to and including the ThirdFourth
Amendment Effective Date there has been no Disposition by the Borrower of any material part of its business or Property (other
than any Disposition permitted by Section 6.5).

 

3.2          No
Change. Since December 28, 2013, there has not been any event, change, condition or development that has had or
could reasonably be expected to have a Material Adverse Effect.

 

3.3          Corporate
Existence; Compliance with Law. Each of the Borrower and its Subsidiaries (a) is duly organized, validly existing
and in good standing under the laws of the jurisdiction of its organization, (b) has the corporate or business trust power
and authority, and the legal right, to own and operate its Property, to lease the Property it operates as lessee and to conduct
the business in which it is currently engaged, (c) is duly qualified as a foreign corporation or business trust and in good
standing under the laws of each jurisdiction where its ownership, lease or operation of Property or the conduct of its business
requires such qualification and (d) is in compliance with all Requirements of Law except, in the case of each of the foregoing
clauses (c) and (d), to the extent that the failure to comply therewith could not, in the aggregate, reasonably be expected
to have a Material Adverse Effect.

 

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3.4          Corporate
Power; Authorization; Enforceable Obligations. Each Loan Party has the corporate or business trust power and authority,
and the legal right, to make, deliver and perform the Loan Documents to which it is a party and, in the case of the Borrower,
to consummate the Transactions and to borrow and obtain other extensions of credit hereunder. Each Loan Party has taken all necessary
corporate action or other organizational action to authorize the execution, delivery and performance of the Loan Documents to
which it is a party and, in the case of the Borrower, to authorize the borrowings and other extensions of credit on the terms
and conditions of this Agreement and to grant the security interests and Liens as provided in the Loan Documents, and, in the
case of each Subsidiary Guarantor, to guarantee the Obligations of the Borrower on the terms and conditions of the applicable
Loan Documents and to grant the security interests and Liens as provided in the Loan Documents. No consent or authorization of,
filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection
with the consummation of the Transactions, the borrowings and other extensions of credit hereunder or with the execution, delivery,
performance, validity or enforceability of this Agreement or any of the other Loan Documents, except (i) consents, authorizations,
filings and notices described in Schedule 3.4, which consents, authorizations, filings and notices have been obtained or made
and are in full force and effect, (ii) the filings referred to in Section 3.19 and (iii) consents, notices and
filings which the failure to make or obtain could not reasonably be expected to have a Material Adverse Effect. Each Loan Document
has been duly executed and delivered on behalf of each Loan Party party thereto. This Agreement constitutes, and each other Loan
Document upon execution will constitute, a legal, valid and binding obligation of each Loan Party party thereto, enforceable against
each such Loan Party in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency,
reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general equitable
principles (whether enforcement is sought by proceedings in equity or at law).

 

3.5            No
Legal Bar. The execution, delivery and performance of this Agreement and the other Loan Documents, the consummation
of the Transactions, the issuance of Letters of Credit, borrowings hereunder and the use of the proceeds thereof will not violate
any Requirement of Law or any Contractual Obligation of the Borrower or any of its Subsidiaries and will not result in, or require,
the creation or imposition of any Lien on any of their respective properties or revenues pursuant to any Requirement of Law or
any such Contractual Obligation (other than the Liens created by the Security Documents). No Requirement of Law or Contractual
Obligation applicable on the Restatement to the Borrower or any of its Subsidiaries could reasonably be expected to have a Material
Adverse Effect.

 

3.6          No
Material Litigation. No litigation, investigation or proceeding of or before any arbitrator or Governmental Authority
is pending or, to the knowledge the Borrower, threatened by or against the Borrower or any of its Subsidiaries or against any
of their respective properties or revenues (a) with respect to this Agreement or any other Loan Document or the Transactions
contemplated hereby or thereby, or (b) that could reasonably be expected to have a Material Adverse Effect.

 

3.7          No
Default. Neither the Borrower nor any of its Subsidiaries is in default under or with respect to any of its Contractual
Obligations in any respect that could reasonably be expected to have a Material Adverse Effect. No Default or Event of Default
has occurred and is continuing.

 

3.8          Ownership
of Property; Liens. Each of the Borrower and each of its Subsidiaries has title in fee simple to, or a valid leasehold
interest in, all its real property, subject only to Liens and other matters permitted by Section 6.3, and good title to,
or a valid leasehold or other property interest in, all its other Property, and none of such Property is subject to any Lien except
as permitted by Section 6.3.

 

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3.9            Intellectual
Property. To the knowledge of the Borrower, the Borrower and each of its Subsidiaries owns, or is licensed to use,
all Intellectual Property necessary and material for the conduct of its business as currently conducted. To the knowledge of the
Borrower, except as indicated on Schedule 3.9, no material claim has been asserted and is pending by any Person alleging that
the use of any Intellectual Property by the Borrower and its Subsidiaries infringes on the intellectual property rights of any
Person in any material respect nor does the Borrower know of any valid basis for any such claim.

 

3.10          Taxes.
Each of the Borrower and each of its Subsidiaries has timely filed or caused to be filed all Federal, state and other material
tax returns that are required to be filed (all such Tax returns being true and correct in all material respects) and has timely
paid all Taxes payable, collectible or remittable by it and any assessments made against it or any of its Property and all other
material Taxes, fees or other charges imposed on it or any of its Property by any Governmental Authority (other than any the amount
or validity of which are either currently being contested in good faith by appropriate proceedings or with respect to which reserves
in conformity with GAAP have been provided on the books of the Borrower or its Subsidiaries, as the case may be); and as of the
Restatement Effective Date no Tax Lien has been filed, and, to the knowledge of the Borrower, no claim is being asserted, with
respect to any such Tax, fee or other charge.

 

3.11          Federal
Regulations. No part of the proceeds of any Loans and no Letters of Credit will be used for “purchasing”
or “carrying” any “margin stock” within the respective meanings of each of the quoted terms under Regulation
U as now and from time to time hereafter in effect or for any purpose that violates the provisions of the Regulations of the Board.
If requested by any Lender, the Issuing Lender or the Administrative Agent, the Borrower will furnish to the Administrative Agent,
the Issuing Lender and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form G-3
or FR Form U-1 referred to in Regulation U.

 

3.12          Labor
Matters. There are no strikes or other labor disputes against the Borrower or any of its Subsidiaries pending or, to
the knowledge of the Borrower, threatened that (individually or in the aggregate) could reasonably be expected to have a Material
Adverse Effect. Hours worked by and payment made to employees of the Borrower and its Subsidiaries have not been in violation
of the Fair Labor Standards Act or any other applicable Requirement of Law dealing with such matters that (individually or in
the aggregate) could reasonably be expected to have a Material Adverse Effect. All payments due from the Borrower or any of its
Subsidiaries on account of employee health and welfare insurance that (individually or in the aggregate) could reasonably be expected
to have a Material Adverse Effect if not paid have been paid or accrued as a liability on the books of the Borrower or the relevant
Subsidiary.

 

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3.13          ERISA.
Each of the Borrower and its ERISA Affiliates is in compliance in all material respects with the applicable provisions of ERISA
and the Code and the regulations and published interpretations thereunder. No material liability to the PBGC (other than required
premium payments), or, except in the ordinary course, any Plan or any trust established thereunder, has been or is expected to
be incurred by the Borrower or any of its ERISA Affiliates with respect to any Plan. No ERISA Event has occurred or is reasonably
expected to occur that, when taken together with all other such ERISA Events, resulted or could reasonably be expected to result,
in material liability of the Borrower or any of its ERISA Affiliates. The present value of all benefit liabilities under each
Plan (based on the assumptions used for purposes of Statement of Financial Accounting Standards No. 87) did not, as of the
last annual valuation date applicable thereto, exceed by more than $10,000,000 the fair market value of the assets of such Plan.
None of the Borrower nor any Subsidiary has any material liability with respect to any Foreign Pension Plan.

 

3.14          Investment
Company Act; Other Regulations. No Loan Party is an “investment company”, or a company “controlled”
by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended. No Loan Party is
subject to regulation under any Requirement of Law (other than Regulation X of the Board) which limits its ability to incur Indebtedness.

 

3.15          Subsidiaries.
(a) The Subsidiaries listed on Schedule 3.15 constitute all the Subsidiaries of the Borrower as of the Restatement Effective
Date. Schedule 3.15 sets forth as of the Restatement Effective Date the name and jurisdiction of incorporation of each Subsidiary
and, as to each such Subsidiary, the percentage of each class of Capital Stock owned by any Loan Party.

 

(b)            As
of the Restatement Effective Date, no outstanding subscriptions, options, warrants, calls, rights or other agreements or commitments
(other than stock options, equity compensation awards granted to employees or directors and directors’ qualifying shares)
of any nature relating to any Capital Stock of the Borrower or any Subsidiary.

 

3.16          Use
of Proceeds. The proceeds of the Tranche B-4 Term Loans shall be used by the Borrower on the Third Amendment Effective
Date to refinance the Existing Senior Notes Due 2021, pay certain outstanding
Revolving Credit Loans under this Agreement and to pay certain fees and expenses in connection with the foregoing. The proceeds
of the Fourth Amendment Incremental Term Loans shall be used by the Borrower on the Fourth Amendment Effective Date to pay certain
outstanding Revolving Credit Loans under this Agreement and to pay certain fees and expenses in connection with
the foregoing. The proceeds of the Revolving Credit Loans and the Incremental Revolving Loans shall be used by the Borrower solely
for general corporate purposes (including Permitted Acquisitions) and as working capital. The Letters of Credit shall be used
by the Borrower solely for general corporate purposes. The proceeds of the Incremental Term Loans shall be used by the Borrower
solely for general corporate purposes (including Permitted Acquisitions).

 

3.17          Environmental
Matters. Other than exceptions to any of the following that could not, individually and in the aggregate, reasonably
be expected to have a Material Adverse Effect:

 

(a)            the
Borrower and its Subsidiaries: (i) are, and within the period of all applicable statutes of limitation have been, in compliance
with all applicable Environmental Laws; (ii) hold all Environmental Permits (each of which is in full force and effect) required
for any of their current operations or for any property owned, leased, or otherwise operated by any of them; (iii) are, and
within the period of all applicable statutes of limitation have been, in compliance with all of their Environmental Permits; and
(iv) reasonably believe that: each of their Environmental Permits will be timely renewed and complied with; any additional
Environmental Permits that may be required of any of them will be timely obtained and complied with; and compliance with any Environmental
Law that is or is expected to become applicable to any of them will be timely attained and maintained.

 

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(b)            Materials
of Environmental Concern are not present at, on, under, in, or about any real property now or, to the knowledge of the Borrower
and its Subsidiaries, formerly owned, leased or operated by the Borrower or any of its Subsidiaries, or, to the knowledge of the
Borrower and its Subsidiaries, at any other location (including, without limitation, any location to which Materials of Environmental
Concern have been sent for re-use or recycling or for treatment, storage, or disposal) which could reasonably be expected to (i) give
rise to liability of the Borrower or any of its Subsidiaries under any applicable Environmental Law or otherwise result in costs
to the Borrower or any of its Subsidiaries, or (ii) interfere with the Borrower’s or any of its Subsidiaries’
continued operations.

 

(c)            There
is no judicial, administrative, or arbitral proceeding (including any notice of violation or alleged violation) under or relating
to any Environmental Law to which the Borrower or any of its Subsidiaries is, or to the knowledge of the Borrower or any of its
Subsidiaries will be, named as a party that is pending or, to the knowledge of the Borrower or any of its Subsidiaries, threatened.

 

(d)            Neither
the Borrower nor any of its Subsidiaries has received any written request for information, or been notified that it is a potentially
responsible party under or relating to the federal Comprehensive Environmental Response, Compensation, and Liability Act or any
similar Environmental Law, or with respect to any Materials of Environmental Concern.

 

(e)            Neither
the Borrower nor any of its Subsidiaries has entered into or agreed to any consent decree, order, or settlement or other agreement,
or is subject to any judgment, decree, or order or other agreement, in any judicial, administrative, arbitral, or other forum
for dispute resolution, relating to compliance with or liability under any Environmental Law.

 

(f)            Neither
the Borrower nor any of its Subsidiaries has assumed or retained, by contract, any liabilities of any kind, fixed or contingent,
known or unknown, under any Environmental Law or with respect to any Material of Environmental Concern.

 

3.18          Accuracy
of Information, etc. No written statement or written information (other than projections, other forward-looking information,
information of a general economic or general industry nature and pro forma financial information) contained in this Agreement,
any other Loan Document, the Confidential Information Memorandum or any other document, certificate or written statement furnished
to the Agents, the Arrangers, the Issuing Lender or the Lenders or any of them, by or on behalf of any Loan Party for use in connection
with the transactions contemplated by or pursuant to this Agreement or the other Loan Documents, taken as a whole, contained as
of the date such statement, information, document or certificate was so furnished, any untrue statement of a material fact or
omitted to state a material fact necessary in order to make the statements contained herein or therein not misleading in light
of the circumstances under which such statements were made. The projections, other forward-looking information with respect
to the Borrower and its Subsidiaries and the pro forma financial information contained in the materials
referenced above are based upon good faith estimates and assumptions believed by management of the Borrower to be reasonable at
the time made, it being recognized by the Lenders that such projections and pro forma financial information as it relates to future
events are not to be viewed as fact and that actual results during the period or periods covered by such projections, other forward-looking
information and pro forma financial information may differ from the projected and pro forma results set forth therein by a material
amount.

 

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3.19          Security
Documents. The Guarantee and Collateral Agreement is effective to create in favor of the Administrative Agent, for
the benefit of the Lenders, a legal, valid and enforceable security interest in the Collateral described therein and proceeds
thereof. In the case of the Pledged Stock described in the Guarantee and Collateral Agreement, when any stock certificates representing
such Pledged Stock are delivered to the Administrative Agent together with stock powers endorsed to the Collateral Agent or in
blank, and in the case of the other Collateral described in the Guarantee and Collateral Agreement, when financing statements
in appropriate form are filed in the offices specified on Schedule 3.19(a)-1 as of the Closing Date, (which financing statements
have been duly completed and delivered to the Collateral Agent) and such other filings as are specified on Schedule 3 to the Guarantee
and Collateral Agreement (all of which filings have been duly completed), the Guarantee and Collateral Agreement shall constitute
a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral and
the proceeds thereof, as security for the Secured Obligations (as defined in the Guarantee and Collateral Agreement), in each
case prior and superior in right to any other Person (except, in the case of Collateral other than Pledged Stock, Liens permitted
by Section 6.3). Schedule 3.19(a)-2 lists each UCC Financing Statement (other than any naming the Collateral Agent as secured
party) that (i) names any Loan Party as debtor and (ii) will remain on file after the Closing Date.

 

3.20          Solvency.
The Borrower and its Subsidiaries, on a consolidated basis, are, and immediately after the consummation of the Acquisition and
the other Transactions to occur on the Restatement Funding Date and immediately following the making of each Loan or other extension
of credit hereunder and after giving effect to the application of the proceeds of each Loan or other extension of credit hereunder,
will be and will continue to be, Solvent.

 

3.21          Anti-Terrorism
Laws; Sanctions; Anti-Corruption Laws.

 

(a)            To
the extent applicable, each Loan Party is in compliance, in all material respects, with the (i) Trading with the Enemy Act,
and each of the Anti-Terrorism Laws, (ii) the Anti-Corruption Laws and (iii) applicable Sanctions.

 

(b)            None
of the Loan Parties nor any of their respective Subsidiaries nor, to the knowledge of the Borrower, any director, officer, agent,
employee or Affiliate of any of the Loan Parties or any of their respective Subsidiaries, is a Sanctioned Person that is, or is
owned or controlled by Sanctioned Persons or are located, organized or resident in a Sanctioned Country. The Loan Parties will
not directly or indirectly use the proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to
(i) any Sanctioned Person or whose government is a Sanctioned Country, or (ii) in any other manner that would result
in a violation of Sanctions by any Person (including any person participating in the Loans, whether as underwriter, advisor, investor,
or otherwise).

 

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(c)            No
part of the proceeds of the Loans will be used by the Borrower or any of its Subsidiaries, directly or indirectly, for any payments
to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone
else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation
of the Anti-Corruption Laws.

 

3.22          EEA
Financial Institutions. The Borrower is not an EEA Financial Institution.

 

Section 4.
CONDITIONS PRECEDENT

 

4.1            Conditions
to Restatement Funding Date. The agreement of each Lender to make its extension of credit on the Restatement Funding
Date is subject to the satisfaction, prior to or concurrently with the making of any extensions of credit on the Restatement Funding
Date, of the following conditions precedent:

 

(a)            Loan
Documents. The Administrative Agent shall have received (i) the Amendment Agreement, executed and delivered by a duly
authorized officer of the Borrower, (ii) this Agreement, executed and delivered by a duly authorized officer of the Borrower,
(iii) a Reaffirmation Agreement, executed and delivered by a duly authorized officer of the Borrower and each Subsidiary
Guarantor and (v) each Note signed by the Borrower (to the extent requested prior to the Closing Date).

 

(b)            Financial
Statements and Pro Forma Financial Statements. The Administrative Agent shall have received (i) unaudited income statements
for the Acquired Business for each of Seller’s fiscal years ended May 31, 2015, May 25, 2014 and May 26,
2013 (each in local currency), (ii) an unaudited statement of Inventory owned by Seller or any of the Seller Parties (as
defined in the Acquisition Agreement) that is used or held for use exclusively in the operation or conduct of the Acquired Business
at May 31, 2015, (iii) a pro forma consolidated balance sheet and related pro forma consolidated statements of income
and cash flows of the Borrower as of and for the 12-month period ending on the last day of the most recently completed four-fiscal
quarter period for which financial statements have been delivered by Borrower pursuant to Section 5.1, prepared after giving
effect to the Transactions and any other transactions for which pro forma effect may be given under Section 1.3 as if the
Transactions and other transactions had occurred as of such date (in the case of such balance sheet) or at the beginning of such
period (in the case of such other financial statements), (iv) at least 20 calendar days prior to the Restatement Funding
Date, an unaudited Statement of Inventory and an unaudited Statement of Profit Before Overheads for any interim period or periods
of the Acquired Business ended after the date of the most recent unaudited Statement of Inventory and unaudited Statement of Profit
Before Overheads; which, in each case, shall be in a form consistent with the forecasts previously provided to the Administrative
Agent and (v) with respect to the Borrower, each of the financial statements required to be furnished to the Administrative
Agent under Section 5.1.

 

(c)            No
Indebtedness. After giving effect to the Transactions to occur on the Restatement Funding Date, the Borrower and its Subsidiaries
shall have outstanding no Indebtedness or preferred Capital Stock other than (A) the Loans and other extensions of credit
hereunder, (B) the Senior Notes, and (C) the other Indebtedness permitted to be incurred pursuant to Section 6.2.

 

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(d)            Representations
and Warranties. The (i) Specified Acquisition Agreement Representations shall be true and correct as required by the
terms of the definition thereof and (ii) the Specified Representations shall be true and correct in all material respects;
provided that in the case of any Specified Representation which expressly relates to a given date or period, such representation
and warranty shall be true and correct in all material respects as of the respective date or for the respective period, as the
case may be.

 

(e)            Fees
and Expenses. The Arrangers and the Agents shall have received all fees and other compensation required to be paid (including
pursuant to any engagement or fee letters entered into between the Borrower and any Arranger or Agent on or prior to the Restatement
Funding Date), and all costs and expenses payable hereunder or under any other Loan Document for which invoices have been presented
(including reasonable fees, disbursements and other charges of counsel to the Arrangers and the Agents), on or before the Restatement
Funding Date.

 

(f)            Lien
Searches. The Administrative Agent shall have received the results of a recent lien search in each relevant jurisdiction with
respect to the Borrower and its Subsidiaries, and such search shall reveal no liens on any of the assets of the Borrower or its
Subsidiaries except for liens permitted by Section 6.3 or liens to be discharged on or prior to the Closing Date pursuant
to documentation satisfactory to the Administrative Agent.

 

(g)            Restatement
Funding Date Certificate. The Administrative Agent and the Arrangers shall have received a certificate of each Loan Party,
dated the Restatement Funding Date, substantially in the form of Exhibit C, with appropriate insertions and attachments.

 

(h)            Legal
Opinion. The Administrative Agent and the Arrangers shall have received the legal opinion of Dechert LLP, counsel to the Borrower
and its Subsidiaries, substantially in the form of Exhibit E.

 

(i)            Filings,
Registrations and Recordings. Each document (including, without limitation, any Uniform Commercial Code financing statement) required
by the Security Documents or under law or reasonably requested by the Administrative Agent or the Collateral Agent to be filed,
registered or recorded in order to create in favor of the Collateral Agent, for the benefit of the Secured Parties, a perfected
Lien on the Collateral described therein, prior and superior in right to any other Person (other than with respect to Liens and
other matters expressly permitted by Section 6.3), shall be in proper form for filing, registration or recordation.

 

(j)            Solvency.
The Administrative Agent and the Arrangers shall have received a certificate executed by the chief financial officer of the Borrower,
in the form attached as Exhibit H hereto, which shall document the solvency of the Borrower and its Subsidiaries, on a consolidated
basis, after giving effect to the Transactions contemplated hereby.

 

(k)            Pledged
Stock; Stock Powers. The Collateral Agent shall have received the certificates representing the shares of Capital Stock pledged
pursuant to the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in
blank by a duly authorized officer of the pledgor thereof.

 

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(l)            Transactions.
Substantially concurrently with the initial funding of the Tranche B Term Loans, the Acquisition shall have been consummated in
accordance with the terms of the Acquisition Agreement (without any amendment, modification or waiver thereof or any consent thereunder
which is materially adverse to the Lenders, the Arrangers, the Co-Syndication Agents or the Co-Documentation Agents without the
prior written consent of the Arrangers, the Co-Syndication Agents and the Co-Documentation Agents (such consent not to be unreasonably
withheld, conditioned or delayed) (it being understood and agreed that any decrease in the purchase price in excess of 10% shall
be deemed to be a modification which is materially adverse to the Lenders and the Arrangers, the Co-Syndication Agents and the
Co-Documentation Agents)).

 

(m)            Closing
Date Material Adverse Effect. Except as otherwise contemplated by the Acquisition Agreement, since the date of the Acquisition
Agreement, there has been no development, change, event or occurrence that, individually or in the aggregate, has had, or is reasonably
likely to have, an Acquired Business Material Adverse Effect.

 

(n)            USA
PATRIOT Act. No later than five (5) Business Days in advance of the Restatement Funding Date (to the extent requested
at least ten (10) days prior to the Restatement Funding Date), the Administrative Agent shall have received, on behalf of
the Arrangers and Lenders, all documentation and other information required by regulatory authorities under applicable “know
your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act.

 

(o)            Agency
Fee Letter. The Administrative Agent and the Borrower shall have entered into a fee letter in connection with the fees to
be paid to the Administrative Agent in connection with such capacity.

 

4.2            Conditions
to Each Extension of Credit. The agreement of each Lender to make any extension of credit requested to be made by it
on any date (including, without limitation, its initial extension of credit) is subject to the satisfaction of the following conditions
precedent:

 

(a)            Representations
and Warranties. Each of the representations and warranties made by any Loan Party in or pursuant to this Agreement or any
other Loan Document shall be true and correct in all material respects (except to the extent any such representation and warranty
itself is qualified by “materiality”, “Material Adverse Effect” or similar qualifier, in which case, it
shall be true and correct in all respects) on and as of such date as if made on and as of such date (unless stated to relate to
an earlier date, in which case such representations and warranties shall be true and correct in all material respects (except
to the extent any such representation and warranty itself is qualified by “materiality”, “Material Adverse Effect”
or similar qualifier, in which case, it shall have been true and correct in all respects) as of such earlier date); provided
that, if such extension of credit is an Incremental Term Borrowing or Incremental Revolving Loan used to finance a Permitted
Acquisition, then the only representations and warranties that will be required to be true and correct in all material respects
as a condition to funding on the date of the applicable Incremental Term Borrowing or applicable Incremental Revolving Loan shall
be (x) the Specified Representations and (y) such of the representations and warranties made by or on behalf of the
applicable acquired company or business (or the seller thereof) in the applicable acquisition agreement as are material to the
interests of the Lenders, but only to the extent that the Borrower or any Subsidiary Guarantor has the right to terminate the
obligations of the Borrower or any Subsidiary Guarantor under such acquisition agreement or not consummate such acquisition as
a result of the inaccuracy of such representations or warranties in such acquisition agreement.

 

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(b)            No
Default. No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the making
of the extensions of credit requested to be made on such date; provided that if the Lenders providing an Incremental Term
Loan or Incremental Revolving Loan to finance a Permitted Acquisition have agreed to a “funds certain” provision,
then no Default or Event of Default shall have occurred and be continuing under Section 7(a) or (f).

 

(c)            Borrowing
Request. The Administrative Agent shall have received a notice of borrowing as and when required by Sections 2.2 and/or Section 2.5,
as applicable, which notice shall (i) confirm compliance with clauses (a) and (b) of this Section 4.2 and
(ii) set forth all information required by Section 2.2 and/or Section 2.5, as applicable.

 

Each borrowing by
and issuance of a Letter of Credit on behalf of the Borrower hereunder shall constitute a representation and warranty by the Borrower
as of the date of such extension of credit that the conditions contained in this Section 4.2 have been satisfied.

 

Section 5.
AFFIRMATIVE COVENANTS

 

The Borrower hereby
agrees that, so long as the Revolving Credit Commitments remain in effect, any Letter of Credit remains outstanding or any Loan
or other amount is owing to any Lender, the Issuing Lender or any Agent hereunder, the Borrower shall and shall cause each of
its Subsidiaries to:

 

5.1            Financial
Statements. Furnish to the Administrative Agent (who will furnish such information to the Lenders):

 

(a)            as
soon as available, but in any event within 90 days (or such earlier date as required by the SEC) after the end of each fiscal
year of the Borrower, a copy of the audited consolidated balance sheet of the Borrower and its consolidated Subsidiaries as at
the end of such year and the related audited consolidated statements of income and of cash flows for such year, setting forth
in each case in comparative form the figures as of the end of the previous year, reported on without a “going concern”
or like qualification or exception, or qualification arising out of the scope of the audit, by KPMG, L.L.P. or other independent
certified public accountants of nationally recognized standing; and

 

(b)            as
soon as available, but in any event not later than 45 days (or such earlier date as required by the SEC) after the end of each
of the first three quarterly periods of each fiscal year of the Borrower, the unaudited consolidated balance sheet of the Borrower
and its consolidated Subsidiaries as at the end of such quarter and the related unaudited consolidated statements of income and
of cash flows for such quarter and the portion of the fiscal year through the end of such quarter, setting forth in each case
in comparative form the figures as of the end of and for the corresponding period in the previous year, certified by a Responsible
Officer as being fairly stated in all material respects (subject to normal year-end audit adjustments);

 

all such financial statements to be complete and correct in
all material respects and to be prepared in reasonable detail and in accordance with GAAP applied consistently throughout the
periods reflected therein and with prior periods (except as approved by such accountants or officer, as the case may be, and disclosed
therein).

 

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5.2            Certificates;
Other Information. Furnish to the Administrative Agent and each Lender (other than any Excluded Lenders), or, in the
case of clause (e), to the relevant Lender:

 

(a)            concurrently
with the delivery of any financial statements pursuant to Section 5.1, (i) a certificate of a Responsible Officer stating
that, to such Responsible Officer’s knowledge, each Loan Party during such period has observed or performed all of its covenants
and other agreements, and satisfied every condition, contained in this Agreement and the other Loan Documents to which it is a
party to be observed, performed or satisfied by it, and that such Responsible Officer has obtained no knowledge of any Default
or Event of Default except as specified in such certificate and (ii) in the case of quarterly or annual financial statements,
(A) a Compliance Certificate containing all information and calculations necessary for determining compliance by the Borrower
and its Subsidiaries with the provisions of this Agreement referred to therein as of the last day of the Fiscal Quarter or fiscal
year of the Borrower, as the case may be, which Compliance Certificate shall, in connection with each delivery of financial statements
pursuant to Section 5.1(a), (y) in the case of annual financial statements, show in reasonable detail the calculations
used in determining Excess Cash Flow for the most recently completed fiscal year of the Borrower and (z) if the Available
Amount was applied during such period, show the Available Amount as of the end of such period, and (B) to the extent not
previously disclosed to the Administrative Agent, a listing of any material Intellectual Property acquired by any Loan Party since
the date of the most recent list delivered pursuant to this clause (B);

 

(b)            as
soon as available, and in any event no later than 90 days after the end of each fiscal year of the Borrower, a detailed consolidated
budget for the following fiscal year (including a projected consolidated balance sheet of the Borrower and its Subsidiaries as
of the end of the following fiscal year, and the related consolidated statements of projected cash flow, projected changes in
financial position and projected income) (collectively, the “Projections”);

 

(c)            within
five days after the same are sent, copies of all financial statements and reports that the Borrower sends to the holders of any
class of its debt securities or public equity securities and, within five days after the same are filed, copies of all financial
statements and reports that the Borrower may make to, or file with, the SEC;

 

(d)            as
soon as possible and in any event within five days of obtaining knowledge thereof: (i)  a description of any development,
event, or condition that, individually or in the aggregate with other developments, events or conditions, could reasonably be
expected to result in the payment by the Borrower and its Subsidiaries, in the aggregate, of a Material Environmental Amount;
and (ii) any notice that any Governmental Authority may deny any application for an Environmental Permit sought by, or revoke
or refuse to renew any Environmental Permit held by, any Loan Party which could reasonably be expected to have a Material Adverse
Effect; and

 

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(e)            promptly,
such additional financial and other information as any Lender (other than any Excluded Lender) may from time to time reasonably
request.

 

5.3            Payment
of Obligations. Pay and discharge promptly when due all material Taxes, assessments and governmental charges or levies
imposed upon it or in respect of its income, profits or property, before the same shall become delinquent or in default, and pay,
discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all other material
obligations of whatever nature, except, in each case, where (a) the amount or validity thereof is currently being contested
in good faith by appropriate proceedings, (b) such contest effectively suspends the enforcement of any Lien on the Borrower’s
Property securing such obligations and (c) reserves in conformity with GAAP with respect thereto have been provided on the
books of the Borrower or its Subsidiaries, as the case may be.

 

5.4            Conduct
of Business and Maintenance of Existence, etc. (a)  (i)  Preserve, renew and keep in full force
and effect its corporate existence and (ii) take all reasonable action to maintain all rights, privileges and franchises
necessary or desirable in the normal conduct of its business, except, in each case, as otherwise permitted by Section 6.4
and except, in the case of clause (ii) above, to the extent that failure to do so could not reasonably be expected to have
a Material Adverse Effect; and (b) comply with all Contractual Obligations and Requirements of Law except to the extent that
failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

 

5.5            Maintenance
of Property; Insurance. (a) Keep all Property and systems useful and necessary in its business in good working
order and condition, ordinary wear and tear excepted and (b) maintain with financially sound and reputable insurance companies
insurance on all its Property in at least such amounts and against at least such risks (but including in any event public liability,
product liability and business interruption) as are usually insured against in the same general area by companies engaged in the
same or a similar business.

 

5.6            Inspection
of Property; Books and Records; Discussions. (a) Keep proper books of records and account in which full, true
and correct entries in conformity with GAAP and all Requirements of Law shall be made of all dealings and transactions in relation
to its business and activities and (b) permit representatives of any Agent or any Lender accompanying any Agent upon reasonable
notice to visit and inspect any of its properties and examine and make abstracts from any of its books and records at any reasonable
time during normal business hours and upon reasonable advance notice and as often as may reasonably be desired and to discuss
the business, operations, properties and financial and other condition of the Borrower and its Subsidiaries with officers and
employees of the Borrower and its Subsidiaries and with its independent certified public accountants (with reasonable notice to
the chief financial officer of the Borrower (provided that the Borrower or such Subsidiaries may, at their option, have
one or more employees or representatives present at any discussion with any such accountants)); provided that, absent the
existence of an Event of Default, inspections pursuant to this Section 5.6 shall be limited to one time per fiscal year.

 

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5.7            Notices.
Promptly, and in any event within five Business Days of obtaining knowledge thereof, give notice to each Agent and each Lender
of:

 

(a)            the
occurrence of any Default or Event of Default;

 

(b)            any
(i) default or event of default under any Contractual Obligation of the Borrower or any of its Subsidiaries or (ii) litigation,
investigation or proceeding which may exist at any time between the Borrower or any of its Subsidiaries and any Governmental Authority
that, in either case, could reasonably be expected to have a Material Adverse Effect;

 

(c)            any
litigation or proceeding affecting the Borrower or any of its Subsidiaries in which the amount involved is $10,000,000 or more
and not covered by insurance or in which injunctive or similar relief is sought;

 

(d)            the
occurrence of any ERISA Event or Foreign Benefit Event that, alone or together with any other ERISA Events or Foreign Benefit
Events that have occurred, resulted or could reasonably be expected to result, in liability of the Borrower and the Subsidiaries
in an aggregate amount exceeding $10,000,000;

 

(e)            any
amendment or other modification of any of the documents described in Section 6.9(b) or (c); and

 

(f)            any
development or event that has had or could reasonably be expected to have a Material Adverse Effect.

 

Each notice pursuant to this Section shall be accompanied
by a statement of a Responsible Officer setting forth details of the occurrence referred to therein and stating what action the
Borrower or the relevant Subsidiary proposes to take with respect thereto.

 

5.8            Environmental
Laws. (a) Comply in all material respects with, and ensure compliance in all material respects by all tenants
and subtenants, if any, with, all applicable Environmental Laws, and obtain and comply in all material respects with and maintain,
and ensure that all tenants and subtenants obtain and comply in all material respects with and maintain, any and all licenses,
approvals, notifications, registrations or permits required by applicable Environmental Laws.

 

(b)            Conduct
and complete all investigations, studies, sampling and testing, and all remedial, removal and other actions required under Environmental
Laws and promptly comply in all material respects with all lawful orders and directives of all Governmental Authorities regarding
Environmental Laws, or contest such orders and directives by appropriate legal means.

 

5.9            Additional
Collateral, etc. (a) With respect to any Property acquired after the Closing Date by the Borrower or any of its
Subsidiaries (other than (v) any real property (or interest therein), (w) any Intellectual Property to the extent creation
of a security interest therein would be contractually prohibited (other than to the extent that any such prohibition would be
rendered ineffective pursuant to Sections 9-406, 9-407, 9-408 or 9-409 of the Uniform Commercial Code of any relevant jurisdiction
or any other applicable law or principles of equity), (x) any Property described in paragraph (b) of this Section, (y) any
Property subject to a Lien expressly permitted by Section 6.3(g) and (z) Property acquired by a Foreign Subsidiary)
as to which the Collateral Agent, for the benefit of the Secured Parties, does not have a perfected Lien, promptly (i) execute
and deliver to the Administrative Agent and the Collateral Agent such amendments to the Guarantee and Collateral Agreement or
such other documents as the Administrative Agent or the Collateral Agent deems necessary or advisable to grant to the Collateral
Agent, for the benefit of the Secured Parties, a security interest in such Property and (ii) take all actions necessary or
advisable to grant to the Collateral Agent, for the benefit of the Secured Parties, a perfected first priority security interest
in such Property (subject to Liens permitted by Section 6.3), including without limitation, the filing of Uniform Commercial
Code financing statements in such jurisdictions as may be required by the Guarantee and Collateral Agreement or by law or as may
be requested by the Administrative Agent or the Collateral Agent.

 

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(b)            With
respect to any new Subsidiary of the Borrower (other than a Foreign Subsidiary or a Foreign Subsidiary Holding Company) created
or acquired after the Closing Date (which, for the purposes of this paragraph, shall include any existing Subsidiary that ceases
to be a Foreign Subsidiary or a Foreign Subsidiary Holding Company), by the Borrower or any of its Subsidiaries, promptly (i) execute
and deliver to the Administrative Agent and the Collateral Agent such amendments to the Guarantee and Collateral Agreement as
the Administrative Agent or the Collateral Agent deems necessary or advisable to grant to the Collateral Agent, for the benefit
of the Secured Parties, a perfected first priority security interest in the Capital Stock of such new Subsidiary that is owned
by the Borrower or any of its Subsidiaries, (ii) deliver to the Collateral Agent the certificates representing such Capital
Stock, together with undated stock powers, in blank, executed and delivered by a duly authorized officer of the Borrower or such
Subsidiary, as the case may be, (iii) cause such new Subsidiary (A) to become a party to the Guarantee and Collateral
Agreement and (B) to take such actions reasonably necessary or advisable to grant to the Collateral Agent, for the benefit
of the Secured Parties, a perfected first priority security interest in the Collateral described in the Guarantee and Collateral
Agreement with respect to such new Subsidiary (subject to Liens and other matters permitted by Section 6.3 and excluding
real property and any interests therein, and Intellectual Property to the extent creation of a security interest therein would
be contractually prohibited), including, without limitation, the filing of Uniform Commercial Code financing statements in such
jurisdictions as may be required by the Guarantee and Collateral Agreement or by law or as may be requested by the Administrative
Agent or the Collateral Agent, and (iv) if reasonably requested by the Administrative Agent or the Collateral Agent, deliver
to the Administrative Agent and the Collateral Agent legal opinions covering matters consistent with those covered by the opinions
delivered by Dechert LLP or the applicable local counsel, as the case may be, on the Closing Date relating to the matters described
above, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent and
the Collateral Agent.

 

(c)            With
respect to any new Foreign Subsidiary and Foreign Subsidiary Holding Company created or acquired after the Closing Date by the
Borrower or any of its Domestic Subsidiaries, promptly (i) execute and deliver to the Administrative Agent and the Collateral
Agent such amendments to the Guarantee and Collateral Agreement as the Administrative Agent or the Collateral Agent deems necessary
or advisable in order to grant to the Collateral Agent, for the benefit of the Secured Parties, a perfected first priority security
interest in the Capital Stock of such new Subsidiary that is directly owned by the Borrower or any of its Domestic Subsidiaries
(provided that in no event shall more than 65% of the total outstanding voting Capital Stock of any such new Foreign Subsidiary
or Foreign Subsidiary Holding Company be required to be so pledged (it being understood and agreed that 100% of the total non-voting
Capital Stock of any such Subsidiary shall be required to be pledged)), (ii) deliver to the Collateral Agent the certificates
representing such Capital Stock, together with undated stock powers, in blank, executed and delivered by a duly authorized officer
of the Borrower or such Subsidiary, as the case may be, and take such other action as may be necessary or, in the opinion of the
Administrative Agent or the Collateral Agent, desirable to perfect the Lien of the Collateral Agent thereon, and (iii) if
requested by the Administrative Agent or the Collateral Agent, deliver to the Administrative Agent and the Collateral Agent legal
opinions relating to the matters described above, which opinions shall be in form and substance, and from counsel, reasonably
satisfactory to the Administrative Agent and the Collateral Agent.

 

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(d)            Notwithstanding
the foregoing, the requirements of this Section 5.9 shall not apply to, and the Collateral shall exclude, those assets as
to which the Collateral Agent reasonably determines that the costs (time, expense or otherwise) of obtaining a security interest
in or Lien upon such assets are excessive in relation to the benefits to the Secured Parties of the security afforded thereby.

 

5.10          Further
Assurances. From time to time execute and deliver, or cause to be executed and delivered, such additional instruments,
certificates or documents, and take all such actions, as the Administrative Agent or the Collateral Agent may reasonably request,
for the purposes of implementing or effectuating the provisions of this Agreement and the other Loan Documents, or of more fully
perfecting or renewing the rights of the Agents, the Issuing Lender and the Lenders with respect to the Collateral (or with respect
to any additions thereto or replacements or proceeds thereof or with respect to any other property or assets hereafter acquired
by the Borrower or any Subsidiary which may be deemed to be part of the Collateral) pursuant hereto or thereto. Upon the exercise
by any Agent, the Issuing Lender or any Lender of any power, right, privilege or remedy pursuant to this Agreement or the other
Loan Documents which requires any consent, approval, recording, qualification or authorization of any Governmental Authority,
the Borrower will execute and deliver, or will cause the execution and delivery of, all applications, certifications, instruments
and other documents and papers that such Agent, the Issuing Lender or such Lender may be required to obtain from the Borrower
or any of its Subsidiaries for such governmental consent, approval, recording, qualification or authorization.

 

5.11          Ratings.
Use commercially reasonable efforts to (a) cause the Facilities to be continuously rated by S&P and Moody’s and
(b) maintain a corporate rating from S&P and a corporate family rating from Moody’s, in each case in respect of
the Borrower.

 

5.12          Use
of Proceeds. Use the proceeds of the Loans and request the issuance of Letters of Credit only for the purposes specified
in Section 3.16. The Borrower will not request any extension of credit, and the Borrower shall not use, and shall procure
that its Subsidiaries and its or their respective directors, officers, employees and agents shall not use, the proceeds of any
extension of credit hereunder (a) in furtherance of an offer, payment, promise to pay, or authorization of the payment or
giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws, (b) for the purpose of
funding, financing or facilitating any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned
Country or (c) in any manner that would result in the violation of any Sanctions applicable to any party hereto.

 

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5.13          Beneficial
Ownership Regulation. Notify the Administrative Agent and each Lender if the Borrower ceases to fall within an express
exclusion to the definition of “legal entity customer” under the Beneficial Ownership Regulation. The Borrower will,
promptly following any request therefor, deliver information and documentation reasonably requested by the Administrative Agent
or any Lender for purposes of compliance with the Beneficial Ownership Regulation.

 

Section 6.
NEGATIVE COVENANTS

 

The Borrower hereby
agrees that, so long as the Revolving Credit Commitments remain in effect, any Letter of Credit remains outstanding or any Loan
or other amount is owing to any Lender, the Issuing Agent or any Agent hereunder, the Borrower shall not, and shall not permit
any of its Subsidiaries to, directly or indirectly:

 

6.1            Financial
Condition Covenants.

 

(a)            Consolidated
Leverage Ratio. Permit the Consolidated Leverage Ratio as at the last day of any period of four consecutive Fiscal Quarters
ending with any Fiscal Quarter, commencing with the Fiscal Quarter ending on or around June 30, 2014, to exceed 7.00:1.00.

 

(b)            Consolidated
Interest Coverage Ratio. Permit the Consolidated Interest Coverage Ratio as at the last day of any period of four consecutive
Fiscal Quarters ending with any Fiscal Quarter, commencing with the Fiscal Quarter ending on or around June 30, 2014, to
be less than 1.75 to 1.00.

 

Notwithstanding the
provisions set forth in Section 9.1, the provisions of this Section 6.1 and the definitions of Consolidated
Leverage Ratio and Consolidated Interest Coverage Ratio (and, in each case, the component definitions therein) solely for purposes
of this Section 6.1 may be amended, waived or otherwise modified solely with the written consent of the Majority Facility
Lenders of the Revolving Credit Facility.

 

6.2            Limitation
on Indebtedness. Create, incur, assume or suffer to exist any Indebtedness, except:

 

(a)            Indebtedness
of any Loan Party pursuant to any Loan Document;

 

(b)            Indebtedness
of (i) the Borrower to any Subsidiary, (ii) any Subsidiary Guarantor to the Borrower or any other Subsidiary, (iii) any
Subsidiary that is not a Subsidiary Guarantor to the Borrower or any Subsidiary Guarantor in an amount not to exceed the greater
of $50,000,000 or 2.00% of Consolidated Total Assets outstanding at any one time, and (iv) any Subsidiary that is not a Subsidiary
Guarantor to any other Subsidiary that is not a Subsidiary Guarantor;

 

(c)            Indebtedness
(including, without limitation, Capital Lease Obligations) secured by Liens permitted by Section 6.3(g); provided
that the aggregate principal amount of such Indebtedness, plus the aggregate principal amount of Indebtedness permitted by Section 6.2(h),
shall not at any time exceed $40,000,000 outstanding;

 

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(d)            Indebtedness
outstanding on the Closing Date and listed on Schedule 6.2(d) and any refinancings, refundings, renewals or extensions thereof
(without any increase in the principal amount thereof or any shortening of the maturity of any principal amount thereof, except
by an amount equal to a reasonable premium or other similar amount paid, and fees and expenses reasonably incurred, in connection
therewith);

 

(e)            Guarantee
Obligations made in the ordinary course of business by (i) the Borrower or any of its Subsidiaries of obligations of the
Borrower or any Subsidiary Guarantor, (ii) the Borrower or any of its Subsidiaries of obligations of any Subsidiary that
is not a Subsidiary Guarantor in an amount not to exceed the greater of $50,000,000 or 2.00% of Consolidated Total Assets outstanding
at any time and (iii) any Subsidiary that is not a Subsidiary Guarantor of the obligations of any other Subsidiary that is
not a Subsidiary Guarantor;

 

(f)            (i) 
Indebtedness of the Borrower in respect of the Senior Notes and the New Senior Notes, (ii) Guarantee Obligations of any Subsidiary
Guarantor in respect of such Indebtedness, (iii) Indebtedness of the Borrower that refinances the Senior Notes, the New Senior
Notes and Guarantee Obligations of any Subsidiary Guarantor in respect of such refinancing Indebtedness; provided that
(A) the maturity date of such refinancing Indebtedness shall be no earlier than six months after the Latest Maturity Date,
(B) the terms of such refinancing Indebtedness, taken as a whole, shall not be materially less favorable to the Borrower
and the Subsidiary Guarantors than the terms of the Senior Notes or the New Senior Notes and (C) the principal amount of
such refinancing Indebtedness does not exceed the principal amount of Senior Notes or New Senior Notes, as applicable, refinanced
thereby except by an amount equal to a reasonable premium or other similar amount paid, and fees and expenses reasonably incurred,
in connection therewith and (iv) Indebtedness of the Borrower that refinances Indebtedness incurred in accordance with clause
(iii) above and this clause (iv) and Guarantee Obligations of any Subsidiary Guarantor in respect of such refinancing
Indebtedness; provided that (A) the maturity date of such refinancing Indebtedness shall be no earlier than six months
after the maturity date of such Indebtedness incurred in accordance with clause (iii) above, (B) the terms of such refinancing
Indebtedness, taken as a whole, shall not be materially less favorable to the Borrower and the Subsidiary Guarantors than the
terms of such Indebtedness incurred in accordance with clause (iii) above and (C) the principal amount of such refinancing
Indebtedness does not exceed the principal amount of such Indebtedness incurred in accordance with clause (iii) above, except
by an amount equal to a reasonable premium or other similar amount paid, and fees and expenses reasonably incurred, in connection
therewith;

 

(g)            Indebtedness
of the Borrower or its Subsidiaries incurred to finance the acquisition (including, without limitation, by way of merger) of Capital
Stock of any Person engaged in, or assets used or useful in, a business permitted pursuant to Section 6.15; provided
that (i) such Indebtedness does not mature or have scheduled amortization or payments of principal prior to the date that
is 91 days after the Latest Maturity Date at the time such Indebtedness is incurred, (ii) both immediately prior and after
giving effect to the incurrence thereof, no Default or Event of Default shall exist or would result therefrom, (iii) the
Borrower shall be in pro forma compliance with the financial covenants set forth in Section 6.1 after giving effect
to such incurrence of Indebtedness (determined on the assumption that such incurrence of Indebtedness had occurred on the first
day of the relevant period measured by such covenants), (iv) such Indebtedness is not also incurred by or guaranteed by any
Subsidiaries of the Borrower other than the Subsidiary Guarantors and is not incurred by or guaranteed by any other Person and
(v) if such Indebtedness is secured, (A) such Indebtedness is secured by the Collateral (or a portion thereof) on a
second lien, subordinated basis to the Obligations and is not secured by any property or assets of the Borrower or any of its
Subsidiaries other than the Collateral (or a portion thereof), (B) the security agreements relating to such Indebtedness
are substantially the same as the Security Documents (with such differences as are reasonably satisfactory to the Administrative
Agent; provided that such differences are not more favorable to the investors in such secured Indebtedness) and (C) an
agent or representative acting on behalf of the holders of such Indebtedness shall have executed and delivered the Second Lien
Intercreditor Agreement or an accession thereto in form and substance satisfactory to the Administrative Agent;

 

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(h)            Indebtedness
secured by Liens permitted by Section 6.3(l); provided that the aggregate principal amount of such Indebtedness, plus
the aggregate principal amount of Indebtedness permitted by Section 6.2(c), shall not at any time exceed $40,000,000 outstanding;

 

(i)            Indebtedness
of the Borrower or its Subsidiaries arising from the honoring by a bank or other financing institution of a check, draft or similar
instrument inadvertently drawn against insufficient funds in the ordinary course of business;

 

(j)            Indebtedness
of the Borrower or its Subsidiaries arising from agreements providing for indemnification, adjustment of purchase price or similar
obligations, in each case, incurred in connection with the disposition of any business, assets or a Subsidiary, other than the
guaranties of Indebtedness incurred by any Person acquiring all or any portion of such business, assets or Subsidiary for the
purpose of financing such acquisition; provided, however, that: (i) such Indebtedness is not reflected on the
balance sheet of the Borrower or any of its Subsidiaries (contingent obligations referred to in a footnote to financing statements
and not otherwise reflected on the balance sheet will not be deemed to be reflected on such balance sheet for purposes of this
clause (i)) and (ii) the maximum assumable liability in respect of all such Indebtedness shall at no time exceed the gross
proceeds including non-cash proceeds (the Fair Market Value of such non-cash proceeds being measured at the time received and
without giving effect to any subsequent changes in value) actually received by the Borrower and its Subsidiaries in connection
with such disposition;

 

(k)           subordinated
Indebtedness of the Borrower or any of its Subsidiaries in an aggregate principal amount at any time outstanding not to exceed
$5,000,000 issued to directors, officers or employees of the Borrower or any of its Subsidiaries in connection with the redemption
or purchase of Capital Stock that is not secured by any assets of the Borrower or any of its Subsidiaries, does not require cash
payments prior to the stated maturity of the Senior Notes or the New Senior Notes and contains subordination terms reasonably
acceptable to the Administrative Agent;

 

(l)            Indebtedness
of the Borrower consisting of outstanding Permitted Foreign Currency Letters of Credit, the Dollar Equivalent of which shall not
exceed $20,000,000 in aggregate principal amount as of the most recent Calculation Date;

 

(m)          Credit
Agreement Refinancing Indebtedness; and

 

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(n)           other
Indebtedness, not included in clauses (a) through (m) above, not to exceed the greater of $50,000,000 or 2.00% of Consolidated
Total Assets in an aggregate principal amount (or accreted value, as applicable) at any time outstanding.;
and

 

(o)           Indebtedness
in respect of overdraft facilities, automatic clearinghouse arrangements, employee credit card programs, corporate cards and purchasing
cards, and other business cash management arrangements in the ordinary course of business, including Indebtedness arising under
or in connection with any Cash Management Agreement with a Cash Management Bank.

 

6.3           Limitation
on Liens. Create, incur, assume or suffer to exist any Lien upon any of its Property, whether now owned or hereafter
acquired, except for:

 

(a)           Liens
for taxes, assessments or governmental charges or claims that are not yet delinquent or that are being contested in good faith
by appropriate proceedings promptly instituted and diligently concluded; provided that any reserve or other appropriate provision
as is required in conformity with GAAP has been made therefor;

 

(b)           Liens
imposed by law, such as carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s, landlord’s
or other like Liens arising in the ordinary course of business which are not overdue for a period of more than 30 days or that
are being contested in good faith by appropriate proceedings;

 

(c)           Liens
(other than any Lien imposed by ERISA or any rule or regulation promulgated thereunder) incurred or deposits made in the
ordinary course of business in connection with workers’ compensation, unemployment insurance, and other types of social
security;

 

(d)           Liens
to secure the performance of statutory obligations, surety or appeal bonds, performance bonds, deposits to secure the performance
of bids, trade contracts, government contracts, warranty requirements, leases or licenses or other obligations of a like nature
or incurred in the ordinary course of business (including, without limitation, landlord Liens on leased real property);

 

(e)           survey
exceptions, easements or reservations of, or rights of others for, licenses, rights-of-way, sewers, electric lines, telegraph
and telephone lines and other similar purposes, or zoning or other restrictions as to the use of real property that were not incurred
in connection with Indebtedness and that do not in the aggregate materially adversely affect the value of said properties or materially
impair their use in the operation of the business of such Person;

 

(f)            Liens
in existence on the Closing Date listed on Schedule 6.3(f), securing Indebtedness permitted by Section 6.2(d), provided
that no such Lien shall at any time encumber any additional Property after the Closing Date and that the amount of Indebtedness
secured thereby shall not be increased (except by an amount equal to a reasonable premium or other similar amount paid, and fees
and expenses reasonably incurred, in connection therewith);

 

(g)           Liens
securing Indebtedness of the Borrower or any other Subsidiary incurred pursuant to Section 6.2(c) to finance the acquisition
of fixed or capital assets, provided that (i) such Liens shall be created substantially simultaneously with the acquisition
of such fixed or capital assets, (ii) such Liens shall not at any time encumber any Property other than the Property financed
by such Indebtedness and (iii) the amount of Indebtedness secured thereby shall not be increased;

 

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(h)           Liens
created pursuant to the Security Documents;

 

(i)            any
interest or title of a lessor under any lease entered into by the Borrower or any other Subsidiary in the ordinary course of its
business and covering only the assets so leased;

 

(j)            judgment
liens securing judgments not constituting (or which would otherwise create) an Event of Default;

 

(k)           licenses
of Intellectual Property in the ordinary course of business;

 

(l)            liens
on fixed assets existing at the time such fixed assets are acquired in connection with a Permitted Acquisition and not created
in contemplation thereof;

 

(m)          deposits
in an aggregate amount not to exceed $5,000,000 at any one time outstanding made in the ordinary course of business to secure
liability to insurance carriers;

 

(n)           Liens
in favor of customs and revenue authorities to secure payment of customs duties in connection with the importation of goods in
the ordinary course of business and other similar Liens arising in the ordinary course of business;

 

(o)           Liens
upon specific items of inventory or other goods and proceeds of any Person securing such Person’s obligations in respect
of bankers’ acceptances issued or created for the account of such Person to facilitate the purchase, shipment or storage
of such inventory or other goods;

 

(p)           leases
or subleases granted to third Persons not interfering with the ordinary course of business of the Borrower or any of its Subsidiaries;

 

(q)           Liens
on assets of a Subsidiary of the Borrower that is not a Subsidiary Guarantor securing Indebtedness of that Subsidiary; provided
that such Indebtedness was permitted to be incurred by Section 6.2;

 

(r)            Liens
arising out of conditional sale, title retention, consignment or similar arrangements for the sale of goods entered into by the
Borrower or any of its Subsidiaries in the ordinary course of business;

 

(s)           Liens
securing Indebtedness of the Borrower or any Subsidiary incurred pursuant to Section 6.2(g) to finance the acquisition
(including, without limitation, by way of merger) of Capital Stock of any Person; provided that (i) such Liens shall
be created substantially simultaneously with the acquisition of such Capital Stock, (ii) such Liens do not at any time encumber
any Property other than the Capital Stock of such acquired Person and (iii) the amount of Indebtedness secured thereby does
not exceed $50,000,000;

 

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(t)            Liens
securing Indebtedness of the Borrower or any Subsidiary incurred pursuant to Section 6.2(g) or (m); provided
that such Liens shall at all times be subject to the Second Lien Intercreditor Agreement; and

 

(u)           Liens
not otherwise permitted by this Section 6.3, so long as neither (i) the aggregate outstanding principal amount of the
obligations secured thereby nor (ii) the aggregate Fair Market Value (determined as of the date such Lien is incurred) of
the assets subject thereto exceeds the greater of $25,000,000 or 1.00% of Consolidated Total Assets at any one time.;
and

 

(v)            Liens
with respect to Indebtedness of the Borrower or any other Subsidiary incurred pursuant to Section 6.2(o).

 

6.4           Limitation
on Fundamental Changes. Enter into any merger, consolidation or amalgamation, or liquidate, wind up or dissolve itself
(or suffer any liquidation or dissolution), or Dispose of all or substantially all of its Property or business, except that:

 

(a)           any
Subsidiary may be merged or consolidated with or into the Borrower (provided that the Borrower shall be the continuing
or surviving corporation) or with or into any Subsidiary Guarantor (provided that such Subsidiary Guarantor shall be the
continuing or surviving corporation);

 

(b)           any
Subsidiary that is not a Subsidiary Guarantor may be merged or consolidated with or into any other Subsidiary that is not a Subsidiary
Guarantor;

 

(c)           any
Subsidiary may Dispose of any or all of its assets (upon voluntary liquidation or otherwise) to the Borrower or any Subsidiary
Guarantor;

 

(d)           any
Subsidiary that is not a Subsidiary Guarantor may Dispose of any or all of its assets (upon voluntary liquidation or otherwise)
to any other Subsidiary that is not a Subsidiary Guarantor; and

 

(e)           any
Subsidiary may divide if such division would otherwise be permitted if effectuated in the form of a merger, consolidation, amalgamation,
sale, lease, transfer, disposition, liquidation, dissolution or other transaction permitted hereunder.;

 

(f)            the
Borrower or any Subsidiary may merge or consolidate with any other Person in connection with any Permitted Acquisition or any
other Investment permitted by Section 6.8 or any Disposition permitted by Section 6.5 (other than Section 6.5(c)); provided that
(i) if the Borrower is a party to such merger or consolidation, the Borrower is the continuing or surviving Person and (ii) if
such Subsidiary is a Subsidiary Guarantor, then either such Subsidiary Guarantor shall be the continuing or surviving Person or
such surviving Person shall become a Subsidiary Guarantor promptly after such merger or consolidation; and

 

(g)           to
the extent constituting Investments, transactions expressly permitted under Sections 6.5 (other than Section 6.5(c)) and
6.8.

 

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6.5            Limitation
on Disposition of Property. Dispose of any of its Property (including, without limitation, receivables and leasehold
interests), whether now owned or hereafter acquired, or, in the case of any Subsidiary, issue or sell any shares of such Subsidiary’s
Capital Stock to any Person, except:

 

(a)            the
Disposition of obsolete or worn out property in the ordinary course of business;

 

(b)            the
sale of inventory and the Disposition of cash and Cash Equivalents in the ordinary course of business;

 

(c)            Dispositions
permitted by Section 6.4;

 

(d)            the
sale or issuance of any Subsidiary’s Capital Stock to (i) the Borrower or any Subsidiary Guarantor or (ii) a Subsidiary
that is not a Subsidiary Guarantor to the extent permitted by Section 6.8;

 

(e)            the
Disposition of other assets in any fiscal year of the Borrower that contributed, in the aggregate, not more than 20% of Consolidated
EBITDA for the prior fiscal year; provided that in the case of each such Disposition, the Borrower shall be in pro forma
compliance with the financial covenants set forth in Section 6.1 after giving effect to such Disposition (determined
on the assumption that such Disposition and the repayment of any Indebtedness resulting therefrom had occurred on the first day
of the relevant period measured by such covenants);

 

(f)            any
Disposition constituting a Recovery Event; and

 

(g)            Dispositions
of Intellectual Property that in the exercise of its reasonable business judgment, the Borrower has determined are not of material
value to the business of the Borrower and its Subsidiaries, taken as a whole.

 

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6.6            Limitation
on Restricted Payments. Declare or pay any dividend (other than dividends payable solely in common stock of the Person
making such dividend) on, or make any payment on account of, or set apart assets for a sinking or other analogous fund for, the
purchase, redemption, defeasance, retirement or other acquisition of, any Capital Stock of the Borrower or any Subsidiary, whether
now or hereafter outstanding, or make any other distribution in respect thereof, either directly or indirectly, whether in cash
or property or in obligations of the Borrower or any Subsidiary, or enter into any derivatives or other transaction with any financial
institution, commodities or stock exchange or clearinghouse (a “Derivatives Counterparty”) obligating the Borrower
or any Subsidiary to make payments to such Derivatives Counterparty as a result of any change in market value of any such Capital
Stock (collectively, “Restricted Payments”), except: (a) any Subsidiary may declare and make Restricted
Payments to the Borrower, any Subsidiary Guarantor or any other Person that owns Capital Stock of such Subsidiary on a pro
rata basis; (b) so long as no Default or Event of Default has occurred and is continuing or would result therefrom, and
the Borrower would be in compliance with the covenants set forth in Section 6.1 for the applicable period for which the financial
statements and certificates required by Section 5.1(a) or (b) and Section 5.2(a) have been delivered
or are available, after giving pro forma effect to such Restricted Payment and to any other event occurring after such period
as to which pro forma recalculation is appropriate, the Borrower may declare and make Restricted Payments during any Fiscal Quarter
if, at the time such Restricted Payment is made, such Restricted Payment, together with all other Restricted Payments made pursuant
to this clause (b) during such Fiscal Quarter, does not exceed an aggregate amount equal to the Available Amount at such
time; and (c) so long as no Default or Event of Default has occurred and is continuing or would result therefrom, the Borrower
may declare and make Restricted Payments (i) in exchange for Capital Stock of the Borrower (other than Disqualified Stock),
(ii) to be used for the repurchase, redemption or other acquisition or retirement for value of any Capital Stock of the Borrower
held by any current or former officer, director or employee of the Borrower pursuant to any equity subscription agreement, stock
option plan or any other management or employee benefit plan or agreement, shareholders’ agreement or similar agreement;
provided that the aggregate price paid for all such repurchased, redeemed, acquired or retired Capital Stock may not exceed
$10,000,000 in any fiscal year of the Borrower (provided that the Borrower may carry over and make in a subsequent fiscal
year, commencing with 2013, in addition to the amounts permitted for such fiscal year, up to $2,000,000 of unutilized capacity
under this clause (c)(ii) attributable to the immediately preceding fiscal year); provided, further, that such
amount in any fiscal year may be increased by an amount not to exceed the Net Cash Proceeds received by the Borrower or any of
its Subsidiaries (to the extent contributed to the Borrower) from sales of Capital Stock (other than Disqualified Stock) of the
Borrower to officers, directors or employees of the Borrower or any of its Subsidiaries that occur after the Closing Date (provided
that the Borrower may elect to apply all or any portion of the aggregate increase contemplated by this proviso in any fiscal
year); provided, further, that cancellation of Indebtedness owing to the Borrower from members of management of
the Borrower or any Subsidiary in connection with a repurchase of Capital Stock of the Borrower will not be deemed to constitute
a Restricted Payment, (iii) to be used for the repurchase of Capital Stock deemed to occur upon the exercise of stock options
to the extent such Capital Stock represent a portion of the exercise price of those stock options, (iv) to holders of its
Capital Stock in lieu of the issuance of fractional shares of its Capital Stock and (v) to be used for the acquisition of
any shares of Disqualified Stock of the Borrower in exchange for other shares of Disqualified Stock of the Borrower or with the
net cash proceeds from an issuance of Disqualified Stock by the Borrower within 10 Business Days of such issuance, in each case
to the extent such issuance is not prohibited under Section 6.2 hereto, Section 4.09 of the Senior Note Indenture and
applicable provision under the New Senior Note Indenture.

 

6.7            [Reserved.]

 

6.8            Limitation
on Investments. Make after the Closing Date any advance, loan, extension of credit (by way of guaranty or otherwise)
or capital contribution to, or purchase any Capital Stock, bonds, notes, debentures or other debt securities of, or any assets
constituting an ongoing business from, or make any other investment in, any other Person (all of the foregoing, “Investments”),
except:

 

(a)            extensions
of trade credit in the ordinary course of business;

 

(b)            investments
in Cash Equivalents;

 

(c)            Investments
arising in connection with the incurrence and lending of Indebtedness permitted by Sections 6.2(b) and (e);

 

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(d)            loans
and advances to employees of the Borrower or any Subsidiaries of the Borrower in the ordinary course of business (including, without
limitation, for travel, entertainment and relocation expenses) in an aggregate amount for the Borrower and its Subsidiaries not
to exceed $5,000,000 at any one time outstanding;

 

(e)            Permitted
Acquisitions;

 

(f)            (i) Investments
(other than those relating to the incurrence of Indebtedness permitted by Section 6.8(c)) by the Borrower or any of its Subsidiaries
in the Borrower or any Person that, prior to such investment, is a Subsidiary Guarantor; (ii) Investments by any Subsidiary
that is not a Subsidiary Guarantor to any other Subsidiary that is not a Subsidiary Guarantor; and (iii) Investments by the
Borrower or any Subsidiary Guarantor in any Subsidiary that is not a Subsidiary Guarantor in an amount not to exceed the greater
or $50,000,000 or 2.00% of Consolidated Total Assets;

 

(g)            any
Investments received (i) in compromise or resolution of (x) obligations of trade creditors or customers that were incurred
in the ordinary course of business of the Borrower or any of its Subsidiaries, including pursuant to any plan of reorganization
or similar arrangement upon the bankruptcy or insolvency of any trade creditor or customer or (y) litigation, arbitration
or other disputes with Persons who are not Affiliates; or (ii) in satisfaction of judgments;

 

(h)            loans
by the Borrower in an aggregate principal amount not exceeding $5,000,000 to employees of the Borrower or its Subsidiaries to
finance the sale of the Borrower’s Capital Stock by the Borrower to such employees;

 

(i)             receivables
owing to the Borrower or any Subsidiary if created or acquired in the ordinary course of business and payable or dischargeable
in accordance with customary trade terms;

 

(j)             any
Investment in any Person to the extent such Investment consists of prepaid expenses, negotiable instruments held for collection
and lease, utility and workers’ compensation, performance and other similar deposits made in the ordinary course of business
by the Borrower of any of its Subsidiaries;

 

(k)            Investments
obtained as consideration for a Disposition of property permitted under Section 6.5 in an aggregate amount not to exceed
25% of the total aggregate consideration received from all Dispositions of property permitted under Section 6.5 during the
term hereof;

 

(l)             Investments
consisting of Hedging Obligations;

 

(m)           the
Acquisition;

 

(n)            Investments
in an amount that does not exceed the Available Amount immediately prior to the time of the making of such Investment; provided
that no Default or Event of Default has occurred and is continuing or would result therefrom; and

 

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(o)            other
Investments in any Person having an aggregate Fair Market Value (measured on the date each such Investment was made and without
giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (o) or
clause (i)(ii) of the definition of “Permitted Acquisition” that are at the time outstanding, not to exceed an
amount equal to the sum of (i) $200,000,000 plus (ii) any amount attributable to Excluded Issuances after the
Closing Date less the amount of any such Excluded Issuances that have been used after the Closing Date to make any Investments
pursuant to this clause (o) or to finance any Permitted Acquisition; provided that, if an Investment made pursuant
to this clause (o) is made in any Person that is not a Subsidiary at the date of the making of such Investment and such Person
becomes a Subsidiary after such date, such Investment will thereafter be deemed to have been made pursuant to clause (f) above
and shall cease to have been made pursuant to this clause (o).

 

6.9            Limitation
on Optional Payments and Modifications of Debt Instruments, etc. (a) Make any distribution, whether in cash, property,
securities or a combination thereof, other than regular scheduled payments of principal and interest as and when due (to the extent
not prohibited by applicable subordination provisions), in respect of, or pay, or commit to pay, or directly or indirectly redeem,
repurchase, retire or otherwise acquire for consideration, or set apart any sum for the aforesaid purposes, any Indebtedness except
(A) the payment of the Indebtedness created hereunder, (B) refinancings of Indebtedness to the extent such refinancings
are permitted by Section 6.2, (C) any refinancing, repayment, redemption, repurchase, retirement or other acquisition
for consideration of Indebtedness, in an amount that does not exceed the Available Amount immediately prior to the time of such
refinancing, repayment, redemption, repurchase, retirement or other acquisition for consideration; provided that no Default
or Event of Default has occurred and is continuing or would result therefrom, (D) the payment of secured Indebtedness that
becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness, (E) the prepayment
of the Existing Senior Notes Due 2021 with the proceeds of the Tranche B-4 Term Loans, Revolving Credit Loans and the proceeds
of New Senior Notes to be issued on or about the Third Amendment Effective Date, (b) amend, modify or otherwise change, or
consent or agree to any amendment, modification, waiver or other change to, any of the terms of the Senior Notes, the Senior Note
Indenture, the New Senior Notes or the New Senior Note Indenture, or the indenture or instruments governing any Indebtedness that
refinances the Senior Notes or the New Senior Notes in a manner materially adverse to the Agents or the Lenders or in a manner
which imposes terms, conditions, covenants or obligations on the Loan Parties which are materially more restrictive on such Loan
Parties or (c) amend, modify or otherwise change, or consent or agree to any amendment, modification, waiver or other change
to, the certificate of incorporation, by-laws, limited liability company agreement, operating agreement, partnership agreement
or similar organizational document of the Borrower or any of its Subsidiaries in any manner materially adverse to the Agents or
the Lenders.

 

6.10          Limitation
on Transactions with Affiliates. Enter into any transaction, including, without limitation, any purchase, sale, lease
or exchange of Property, the rendering of any service or the payment of any management, advisory or similar fees, with any Affiliate
(other than the Borrower or any Subsidiary Guarantor) unless such transaction is (a) otherwise not prohibited under this
Agreement and (b) upon fair and reasonable terms no less favorable to the Borrower or such Subsidiary, as the case may be,
than it would obtain in a comparable arm’s length transaction with a Person that is not an Affiliate. Notwithstanding the
foregoing, the Borrower and its Subsidiaries may enter into the transactions set forth on Schedule 6.10.

 

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6.11          Limitation
on Sales and Leasebacks. Enter into any sale and leaseback transaction; provided that the Borrower or any Subsidiary
may enter into a sale and leaseback transaction if:

 

(a)            the
Borrower or such Subsidiary, as applicable, could have (i) incurred Indebtedness in an amount equal to the Attributable Debt
relating to such sale and leaseback transaction under Section 6.2 and (ii) incurred a Lien to secure such Indebtedness
pursuant to Section 6.3;

 

(b)            the
gross cash proceeds of that sale and leaseback transaction are at least equal to the Fair Market Value of the property that is
the subject of that sale and leaseback transaction; and

 

(c)            the
transfer of assets in that sale and leaseback transaction is permitted by Section 6.5.

 

6.12          Limitation
on Changes in Fiscal Periods. Permit the fiscal year of the Borrower to end on a day other than the Saturday nearest
to December 31 without the consent of the Administrative Agent.

 

6.13          Limitation
on Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits
the ability of the Borrower or any of its Subsidiaries to create, incur, assume or suffer to exist any Lien upon any of its Property
or revenues, whether now owned or hereafter acquired, to secure the Obligations or, in the case of any Subsidiary Guarantor, its
obligations under the Guarantee and Collateral Agreement, other than (a) this Agreement and the other Loan Documents, (b) any
agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition
or limitation shall only be effective against the assets financed thereby), (c) customary non-assignment provisions in licenses
or sublicenses by the Borrower and its Subsidiaries in the ordinary course of business (in which case such prohibition or limitation
shall only be effective against the Intellectual Property subject thereto), (d) customary provisions in joint venture agreements
and similar agreements that restrict transfers of assets of, or equity interests in, such joint venture, (e) agreements governing
Indebtedness permitted by Sections 6.2(g), (h) and (m) (provided that, in the case of such agreements governing
Indebtedness permitted by Section 6.2(h), such prohibition or limitation shall be effective only against the property acquired
thereby) and (f) agreements entered into by a Subsidiary that is not a Subsidiary Guarantor governing Liens permitted by
Section 6.3(m) or the Indebtedness secured thereby (in which case such prohibition or limitation shall only be effective
against the assets of such Subsidiary subject to such Lien).

 

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6.14          Limitation
on Restrictions on Subsidiary Distributions. Enter into or suffer to exist or become effective any consensual encumbrance
or restriction on the ability of any Subsidiary to (a) make Restricted Payments in respect of any Capital Stock of such Subsidiary
held by, or pay or subordinate any Indebtedness owed to, the Borrower or any other Subsidiary, (b) make Investments in the
Borrower or any other Subsidiary or (c) transfer any of its assets to the Borrower or any other Subsidiary, except for such
encumbrances or restrictions existing under or by reason of (i) any restrictions existing under the Loan Documents, (ii) any
restrictions existing under the New Senior Note Indenture, the New Senior Note Indenture and any agreements governing Indebtedness
permitted by Sections 6.2(f), to the extent such restrictions are no more restrictive than those in the Senior Note Indenture
or the New Senior Note Indenture, (iii) any restrictions with respect to a Subsidiary imposed pursuant to an agreement that
has been entered into in connection with the Disposition of all or substantially all of the Capital Stock or assets of such Subsidiary,
(iv) customary net worth provisions contained in real property leases entered into in by any Loan Party so long as such net
worth provisions would not reasonably be expected to impair materially the ability of the Loan Parties to meet their ongoing obligations
under this Agreement or any of the other Loan Documents, and (v) with respect to clause (c) only, (i) customary
non-assignment provisions in licenses or sublicenses by the Borrower and its Subsidiaries in the ordinary course of business (in
which case such prohibition or limitation shall only be effective against the Intellectual Property subject thereto), (ii) customary
provisions in joint venture agreements and similar agreements that restrict transfers of assets of, or equity interests in, such
joint venture, (iii) agreements governing Indebtedness permitted by Sections 6.2(g), (h) and (m) (provided
that, in the case of such agreements governing Indebtedness permitted by Section 6.2(h), such prohibition or limitation shall
be effective only against the property acquired thereby), (iv) agreements entered into by a Subsidiary that is not a Subsidiary
Guarantor governing Liens permitted by Section 6.3(m) or the Indebtedness secured thereby (in which case such prohibition
or limitation shall only be effective against the assets of such Subsidiary subject to such Lien) and (v) any agreements
governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or
limitation shall only be effective against the assets financed thereby).

 

6.15          Limitation
on Lines of Business. Enter into any business, either directly or through any Subsidiary, except for those businesses
in which the Borrower and its Subsidiaries are engaged on the date of this Agreement or that are reasonably related thereto.

 

Section 7.
EVENTS OF DEFAULT

 

If any of the following
events shall occur and be continuing:

 

(a)            the
Borrower shall fail to pay any principal of any Loan or Reimbursement Obligation when due in accordance with the terms hereof;
or the Borrower shall fail to pay any interest on any Loan or Reimbursement Obligation, or any other amount payable hereunder
or under any other Loan Document, within five days after any such interest or other amount becomes due in accordance with the
terms hereof; or

 

(b)            any
representation or warranty made or deemed made by any Loan Party herein or in any other Loan Document or that is contained in
any certificate, document or financial or other written statement furnished by it at any time under or in connection with this
Agreement or any other Loan Document shall prove to have been inaccurate in any material respect on or as of the date made or
deemed made or furnished; or

 

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(c)            any
Loan Party shall default in the observance or performance of any agreement contained in clause (i) or (ii) of Section 5.4(a) (with
respect to the Borrower only), Section 5.7(a) or Section 6 (provided that an Event of Default under
Section 6.1 shall not constitute an Event of Default for purposes of the Tranche B-4 Term Loan Facility or any other
Term Loan Facility unless and until the Majority Facility Lenders with respect to the Revolving Credit Facility have terminated
the Revolving Credit Commitments and declared the Revolving Credit Loans due and payable), or Section 5.6 of the Guarantee
and Collateral Agreement; or

 

(d)            any
Loan Party shall default in the observance or performance of any other agreement contained in this Agreement or any other Loan
Document (other than as provided in paragraphs (a) through (c) of this Section), and such default shall continue unremedied
for a period of 30 days; or

 

(e)            the
Borrower or any of its Subsidiaries shall (i) default in making any payment of any principal of any Indebtedness (including,
without limitation, any Guarantee Obligation, but excluding the Loans and Reimbursement Obligations) on the scheduled or original
due date with respect thereto; or (ii) default in making any payment of any interest on any such Indebtedness beyond the
period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created; or (iii) default
in the observance or performance of any other agreement or condition relating to any such Indebtedness or contained in any instrument
or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which
default or other event or condition is to cause, or to permit the holder or beneficiary of such Indebtedness (or a trustee or
agent on behalf of such holder or beneficiary) to cause, with the giving of notice if required, such Indebtedness to become due
prior to its stated maturity or (in the case of any such Indebtedness constituting a Guarantee Obligation) to become payable;
provided that a default, event or condition described in clause (i), (ii) or (iii) of this paragraph (e) shall
not at any time constitute an Event of Default unless, at such time, one or more defaults, events or conditions of the type described
in clauses (i), (ii) and (iii) of this paragraph (e) shall have occurred and be continuing with respect to Indebtedness
the outstanding principal amount of which exceeds in the aggregate $40,000,000; or

 

(f)            (i) the
Borrower or any of its Subsidiaries shall commence any case, proceeding or other action (A) under any existing or future
Debtor Relief Law, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it a bankrupt or insolvent,
or seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect
to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian, conservator or other similar official for
it or for all or any substantial part of its assets, or the Borrower or any of its Subsidiaries shall make a general assignment
for the benefit of its creditors; or (ii) there shall be commenced against the Borrower or any of its Subsidiaries any case,
proceeding or other action of a nature referred to in clause (i) above that (A) results in the entry of an order for
relief or any such adjudication or appointment or (B) remains undismissed, undischarged or unbonded for a period of 60 days;
or (iii) there shall be commenced against the Borrower or any of its Subsidiaries any case, proceeding or other action seeking
issuance of a warrant of attachment, execution, distraint or similar process against all or any substantial part of its assets
that results in the entry of an order for any such relief that shall not have been vacated, discharged, or stayed or bonded pending
appeal within 60 days from the entry thereof; or (iv) the Borrower or any of its Subsidiaries shall take any action in furtherance
of, or indicating its consent to, approval of, or acquiescence in, any of the acts set forth in clause (i), (ii), or (iii) above;
or (v) the Borrower or any of its Subsidiaries shall generally not, or shall be unable to, or shall admit in writing its
inability to, pay its debts as they become due; or

 

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(g)            there
shall occur an ERISA Event, a Foreign Benefit Event or any other similar event or condition with respect to a Plan or Multiemployer
Plan (other than in the ordinary course of business) that could result in liability of the Borrower or any Subsidiary that, in
the sole judgment of the Required Lenders, when taken together with all other such ERISA Events, Foreign Benefit Events or other
similar events or conditions, resulted or could reasonably be expected to result in a Material Adverse Effect; or

 

(h)            one
or more judgments or decrees shall be entered against the Borrower or any of its Subsidiaries involving for the Borrower and its
Subsidiaries taken as a whole a liability (not paid or fully covered by insurance as to which the relevant insurance company has
not disputed or denied coverage (but only to the extent of the dispute or denial of coverage)) of $40,000,000 or more, and all
such judgments or decrees shall not have been vacated, discharged, stayed or bonded pending appeal within 30 days from the entry
thereof; or

 

(i)             any
of the Security Documents or any other material Loan Document shall cease, for any reason (other than in accordance with their
respective terms), to be in full force and effect, or any Loan Party or any Affiliate of any Loan Party shall so assert, or any
Lien created or purported to be created by any of the Loan Documents shall cease to be, or shall be asserted by any Loan Party
not to be, at any time a valid and perfected Lien on a material portion of the Collateral purported to be secured thereby (except
Liens released in accordance with the terms of the Loan Documents); or

 

(j)             the
guarantee contained in Section 2 of the Guarantee and Collateral Agreement shall cease, for any reason, to be in full force
and effect or any Loan Party or any Affiliate of any Loan Party shall so assert (except, in each case, in accordance with its
terms or guarantees released in accordance with the terms of the Loan Documents); or

 

(k)            any
subordinated Indebtedness of the Borrower and its Subsidiaries the outstanding principal amount of which exceeds in the aggregate
$40,000,000 shall cease (or any Loan Party or an Affiliate of any Loan Party shall so assert), for any reason, to be validly subordinated
to the Obligations as provided in the agreements evidencing such subordinated Indebtedness; or

 

(l)            (i) a
 “Change of Control” as defined in the Senior Note Indenture (or in any document or agreement governing or evidencing
refinancing Indebtedness in respect of all or any portion of the Senior Notes) or in the New Senior Note Indenture (or in any
document or agreement governing or evidencing refinancing Indebtedness in respect of all or any portion of the New Senior Notes)
shall occur or (ii) a Specified Change of Control shall occur;

 

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then, and in any such event, (A) if
such event is an Event of Default specified in clause (i) or (ii) of paragraph (f) above with respect to the Borrower,
automatically the Revolving Credit Commitments shall immediately terminate and the Loans hereunder (with accrued interest thereon)
and all other amounts owing under this Agreement and the other Loan Documents (including, without limitation, all amounts of L/C
Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required
thereunder) shall immediately become due and payable, (B) if such event is any other Event of Default (other than in the
case of an Event of Default under Section 7(c) with respect to any default of performance or compliance with
the covenants under Section 6.1 prior to the date the Revolving Credit Loans (if any) have been accelerated and the
Revolving Credit Commitments have been terminated), either or both of the following actions may be taken: (i) with the consent
of the Required Lenders, the Administrative Agent may, or upon the request of the Required Lenders, the Administrative Agent shall,
by notice to the Borrower declare the Revolving Credit Commitments to be terminated forthwith, whereupon the Revolving Credit
Commitments shall immediately terminate; and (ii) with the consent of the Required Lenders, the Administrative Agent may,
or upon the request of the Required Lenders, the Administrative Agent shall, by notice to the Borrower, declare the Loans hereunder
(with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents (including, without
limitation, all amounts of L/C Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have
presented the documents required thereunder) to be due and payable forthwith, whereupon the same shall immediately become due
and payable, (C) if such event is an Event of Default under Section 7(c) with respect to any default of
performance or compliance with the covenants under Section 6.1, either or both of the following actions may be taken:
(i) with the consent of the Majority Facility Lenders of the Revolving Credit Facility, the Administrative Agent may, or
upon the request of the Majority Facility Lenders of the Revolving Credit Facility, the Administrative Agent shall, by notice
to the Borrower declare the Revolving Credit Commitments to be terminated forthwith, whereupon the Revolving Credit Commitments
shall immediately terminate; and (ii) with the consent of the Majority Facility Lenders of the Revolving Credit Facility,
the Administrative Agent may, or upon the request of the Majority Facility Lenders of the Revolving Credit Facility, the Administrative
Agent shall, by notice to the Borrower, declare the Revolving Credit Loans hereunder (with accrued interest thereon) and all other
amounts owing under this Agreement with respect to the Revolving Credit Facility (including, without limitation, all amounts of
L/C Obligations, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents
required thereunder) to be due and payable forthwith, whereupon the same shall immediately become due and payable. With respect
to all Letters of Credit with respect to which presentment for honor shall not have occurred at the time of an acceleration pursuant
to this paragraph, the Borrower shall at such time deposit in a cash collateral account opened by the Administrative Agent an
amount equal to the aggregate then undrawn and unexpired amount of such Letters of Credit. Amounts held in such cash collateral
account shall be applied by the Administrative Agent to the payment of drafts drawn under such Letters of Credit, and the unused
portion thereof after all such Letters of Credit shall have expired or been fully drawn upon, if any, shall be applied to repay
other obligations of the Borrower hereunder and under the other Loan Documents. After all such Letters of Credit shall have expired
or been fully drawn upon, all Reimbursement Obligations shall have been satisfied and all other obligations of the Borrower hereunder
and under the other Loan Documents shall have been paid in full, the balance, if any, in such cash collateral account shall be
returned to the Borrower (or such other Person as may be lawfully entitled thereto).

 

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Section 8.
THE AGENTS; THE ARRANGERS

 

8.1            Appointment.
Each of the Issuing Lender and each Lender hereby irrevocably designates and appoints the Administrative Agent and the Collateral
Agent (for purposes of this Section 8, the Administrative Agent and the Collateral Agent are referred to collectively as
the “Agents”) as its agent under this Agreement and the other Loan Documents, and each of the Issuing Lender
and each Lender irrevocably authorizes each Agent, in such capacity, to take such action on its behalf under the provisions of
this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are expressly delegated to
such Agent by the terms of this Agreement and the other Loan Documents, together with such actions and powers as are reasonably
incidental thereto. The provisions of this Article are solely for the benefit of the Agents, the Issuing Lender and the Lenders,
and neither the Borrower nor any other Loan Party shall have rights as a third-party beneficiary of any of such provisions. It
is understood and agreed that the use of the term “agent” herein or in any other Loan Documents (or any other similar
term) with reference to the Administrative Agent or the Collateral Agent, as applicable, 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 as a
matter of market custom, and is intended to create or reflect only an administrative relationship between contracting parties.
Without limiting the generality of the foregoing, the Agents are hereby expressly authorized to (i) execute any and all documents
(including releases and the Security Documents) with respect to the Collateral and the rights of the Secured Parties with respect
thereto, as contemplated by and in accordance with the provisions of this Agreement and the Security Documents and (ii) negotiate,
enforce or the settle any claim, action or proceeding affecting the Lenders in their capacity as such, at the direction of the
Required Lenders, which negotiation, enforcement or settlement will be binding upon each Lender.

 

The Person serving
as the Administrative Agent and/or the Collateral Agent hereunder or under any other applicable Loan Document shall have the same
rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not an Agent, and
the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless the context otherwise
requires, include the Person serving as an Agent hereunder in its individual capacity. Such Person and its Affiliates may accept
deposits from, lend money to, own securities of, act as the financial advisor or in any other advisory capacity for, and generally
engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof (subject to securities law and other
Requirements of Law) as if it were not an Agent hereunder and without any duty to account therefor to the Lenders.

 

8.2            Delegation
of Duties. Each Agent may perform any, and all of its duties and exercise its rights and powers, under this Agreement
and the other Loan Documents by or through agents, sub-agents or attorneys-in-fact appointed by it and shall be entitled to advice
of counsel concerning all matters pertaining to such duties. Each Agent and any such agent, sub-agent or attorney-in-fact may
perform any and all its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory
provisions of Section 8.3 shall apply to any such agent, sub-agent and attorney-in-fact and to the Related Parties of each
Agent and any such agent, sub-agent and attorney-in-fact, and shall apply to their respective activities in connection with the
syndication of the Facilities as well as activities as Agent. No Agent shall be responsible for the negligence or misconduct of
any agents, sub-agents or attorneys-in-fact except to the extent that a court of competent jurisdiction determines in a final
and non-appealable judgment that such Agent acted with gross negligence, willful misconduct or bad faith in the selection of such
agent, sub-agent or attorney-in-fact.

 

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8.3            Exculpatory
Provisions. No Agent shall have any duties or obligations except those expressly set forth in the Loan Documents, and
each Agent’s duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, no Agent
nor any of its officers, directors, employees, agents, attorneys-in-fact or affiliates shall (a) be subject to any fiduciary
or other implied duties, regardless of whether a Default or Event of Default has occurred and is continuing, (b) have any
duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated
hereby that such Agent is instructed in writing to exercise by the Required Lenders (or such other number or percentage of the
Lenders as shall be necessary under the circumstances as provided for herein or in the other Loan Documents); provided
that no Agent shall be required to take any action that, in its opinion or the opinion of its counsel, may expose such Agent to
liability or that is contrary to any Loan Document or applicable law, and (c) except as expressly set forth in the Loan Documents,
no Agent shall have any duty to disclose, nor shall it be liable for the failure to disclose, any information relating to the
Borrower or any of its Subsidiaries that is communicated to or obtained by the Person serving as Administrative Agent and/or Collateral
Agent or any of its Affiliates in any capacity. No Agent shall be liable for any action taken or not taken by it with the consent
or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as such
Agent shall believe in good faith shall be necessary, under the circumstances as provided in Section 7) or in the absence
of its own gross negligence, willful misconduct or bad faith as determined by a court of competent jurisdiction by a final non-appealable
judgment. No Agent shall be responsible for or have any duty to inspect the properties, books or records of any Loan Party or
to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or
any other Loan Document, (ii) the contents of any certificate, report, statement or other document referred to or provided
for, or received by any Agent under or in connection with, this Agreement or any other Loan Document, (iii) the performance
or observance of any of the covenants, agreements or other terms or conditions set forth in any Loan Document or the occurrence
of any Default or Event of Default, (iv) the validity, enforceability, effectiveness or genuineness of any Loan Document
or any other agreement, instrument or document, or (v) the satisfaction of any condition set forth in Section 4 or elsewhere
in any Loan Document, other than to confirm receipt of items expressly required to be delivered to such Agent.

 

8.4            Reliance
by Administrative Agent. Each Agent shall be entitled to rely, and shall not incur any liability for relying, upon
any instrument, writing, resolution, notice, request, consent, certificate, affidavit, letter, telecopy, telex or teletype message,
statement, order or other document or writing (including any electronic message, Internet or intranet website posting or
other distribution) believed by it to be genuine and to have been signed, sent, made or otherwise authenticated by the proper
Person or Persons. Each Agent may also rely upon any statement made to it orally or by telephone and believed by it to have been
made by the proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition
hereunder to the making of a Loan, or the issuance, extension, renewal or increase of a Letter of Credit, that by its terms must
be fulfilled to the satisfaction of a Lender or the Issuing Lender, each Agent may presume that such condition is satisfactory
to such Lender or the Issuing Lender unless such Agent shall have received notice to the contrary from such Lender or the Issuing
Lender prior to the making of such Loan or the issuance of such Letter of Credit. Each Agent may consult with legal counsel (who
may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action
taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. The Administrative Agent may
deem and treat the payee of any Note as the owner thereof for all purposes unless a written notice of assignment, negotiation
or transfer thereof shall have been filed with the Administrative Agent. Each Agent shall be fully justified in failing or refusing
to take any action under this Agreement or any other Loan Document unless it shall first receive such advice or concurrence of
the Required Lenders (or, if so specified by this Agreement, all Lenders) as it deems appropriate or it shall first be indemnified
to its satisfaction by the Lenders against any and all liability and expense (other than any liability or expense arising from
its gross negligence, willful misconduct or bad faith) that may be incurred by it by reason of taking or continuing to take any
such action. Each Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and
the other Loan Documents in accordance with a request of the Required Lenders (or, if so specified by this Agreement, all Lenders
or, in the case of the Collateral Agent, if so specified by the applicable Security Document, such other requisite number or percentage
of Secured Parties), and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders
and all future holders of the Loans, the Commitments and L/C Obligations.

 

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8.5            Notice
of Default. No Agent shall be deemed to have knowledge or notice of the occurrence of any Default or Event of Default
hereunder unless such Agent has received written notice from a Lender or the Borrower referring to this Agreement, describing
such Default or Event of Default and stating that such notice is a “notice of default”. In the event that the Administrative
Agent receives such a notice, the Administrative Agent shall give notice thereof to the Lenders.

 

8.6            Non-Reliance
on Agents and Other Lenders. Each of the Issuing Lender and each Lender expressly acknowledges that none of the Agents
nor any of their respective Related Parties have made any representations or warranties to it and that no act by any Agent hereafter
taken, including any review of the affairs of a Loan Party or any Affiliate of a Loan Party, shall be deemed to constitute any
representation or warranty by such Agent to the Issuing Lender or any Lender. Each of the Issuing Lender and each Lender represents
to each Agent that it has, independently and without reliance upon any Agent or any Lender, and based on such documents and information
as it has deemed appropriate, made its own appraisal of, and investigation into, the business, operations, property, financial
and other condition and creditworthiness of the Loan Parties and their respective Affiliates and made its own decision to make
its Loans and other extensions of credit hereunder and enter into this Agreement. Each of the Issuing Lender and each Lender also
represents that it will, independently and without reliance upon any Agent or any Lender or any of their respective Related Parties,
and based on such documents and information as it shall deem appropriate at the time, it will, independently and without reliance
upon any Agent or any Lender or any of their respective Related parties, continue to make its own credit analysis, appraisals
and decisions in taking or not taking action under or based upon this Agreement or any other Loan Document, any related agreement
or any document furnished hereunder or thereunder, and to make such investigation as it deems necessary to inform itself as to
the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their respective
Affiliates. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the Administrative
Agent hereunder, no Agent shall have any duty or responsibility to provide any Lender with any credit or other information concerning
the business, operations, property, condition (financial or otherwise), prospects or creditworthiness of any Loan Party or any
Affiliate of a Loan Party that may come into the possession of the Administrative Agent or any of its officers, directors, employees,
agents, attorneys-in-fact or affiliates.

 

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8.7            Indemnification.
The Lenders agree to indemnify the Administrative Agent in its capacity as such (to the extent not reimbursed by the Borrower
and without limiting the obligation of the Borrower to do so), ratably according to their respective Aggregate Exposure Percentages
in effect on the date on which indemnification is sought under this Section (or, if indemnification is sought after the date
upon which the Revolving Credit Commitments shall have terminated and the Loans shall have been paid in full, ratably in accordance
with such Aggregate Exposure Percentages immediately prior to such date), from and against any and all liabilities, obligations,
losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind whatsoever that may at any
time (including, without limitation, at any time following the payment of the Loans) be imposed on, incurred by or asserted against
the Administrative Agent in any way relating to or arising out of, the Revolving Credit Commitments, this Agreement, any of the
other Loan Documents or any documents contemplated by or referred to herein or therein or the transactions contemplated hereby
or thereby or any action taken or omitted by the Administrative Agent under or in connection with any of the foregoing; provided
that no Lender shall be liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses or disbursements that are found by a final and nonappealable decision of a court of
competent jurisdiction to have resulted from the Administrative Agent’s gross negligence, willful misconduct or bad faith.
The agreements in this Section shall survive the payment of the Loans and all other amounts payable hereunder.

 

8.8            Administrative
Agent in Its Individual Capacity. The Person serving as the Administrative Agent and its Affiliates may make loans
to, accept deposits from and generally engage in any kind of business with any Loan Party as though the Person serving as the
Administrative Agent were not the Administrative Agent hereunder. With respect to its Loans made or renewed by it and with respect
to any Letter of Credit issued or participated in by it, the Person serving as the Administrative Agent shall have the same rights
and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not the
Administrative Agent, and the terms “Lender” and “Lenders” shall include the Person serving as the Administrative
Agent in its individual capacity.

 

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8.9            Successor
Agents. Each Agent may resign at any time upon 10 days’ written notice to the Lenders, the Issuing Lender and
the Borrower. Upon any such resignation, the Required Lenders shall have the right to appoint from among the Lenders a successor
Agent, which successor Agent shall (unless an Event of Default under Section 7(a) or Section 7(f) with respect
to the Borrower shall have occurred and be continuing) be subject to approval by the Borrower (which approval shall not be unreasonably
withheld or delayed), whereupon such successor Agent shall succeed to the rights, powers and duties of the resigning Agent, and
the term “Administrative Agent” and/or “Collateral Agent”, as applicable, shall mean such successor Agent
effective upon such appointment and approval, and the resigning Agent’s rights, powers and duties as Agent shall be terminated,
without any other or further act or deed on the part of such resigning Agent or any of the parties to this Agreement or any holders
of the Loans. If no successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within
10 days after the resigning Agent gives notice of its resignation, then the resigning Agent may, on behalf of the Lenders and
the Issuing Lender, appoint a successor Agent which shall be a financial institution with an office in New York, New York, or
an Affiliate of any such financial institution. If no successor Agent has been appointed pursuant to the immediately preceding
sentence by the 10th day after the date such notice of resignation was given by such Agent, such Agent’s resignation shall
become effective (and such Agent shall be relieved from its duties and obligations hereunder) and the Required Lenders shall thereafter
perform all the duties of such Agent hereunder and/or under any other Loan Document until such time, if any, as the Required Lenders
appoint a successor Administrative Agent and/or Collateral Agent, as the case may be. Any such resignation by such Agent hereunder
shall also constitute, to the extent applicable, its resignation as the Issuing Lender, in which case such resigning Agent (a) shall
not be required to issue any further Letters of Credit hereunder and (b) shall maintain all of its rights as Issuing Lender
with respect to any Letters of Credit issued by it prior to the date of such resignation. Upon the acceptance of its appointment
as Agent hereunder by a successor, such successor shall succeed to and become vested with all the rights, powers, privileges and
duties of the resigning Agent, and the resigning Agent shall be discharged from its duties and obligations hereunder (if not already
discharged therefrom as provided above). The fees payable by the Borrower to a successor Agent shall be the same as those payable
to its predecessor unless otherwise agreed between the Borrower and such successor. After an Agent’s resignation hereunder,
the provisions of this Section 8 and Section 9.5 shall continue in effect for the benefit of such resigning Agent, its
sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while acting
as Agent.

 

8.10          Authorization
to Release Liens; Other Actions Relating to Security Documents. The Secured Parties irrevocably authorize the Collateral
Agent, at its option and in its discretion, (a) to release any Lien on any property granted to or held by the Collateral
Agent under any Loan Document (i) upon termination of all Commitments and payment in full of all Obligations (other than
contingent obligations in respect of which no assertion of liability (whether oral or written) and no claim or demand for payment
(whether oral or written) has been made (and, in the case of Obligations for indemnification, no notice for indemnification has
been issued by the indemnitee) at such time) and the expiration or termination of all Letters of Credit (other than Letters of
Credit that have been cash collateralized or backstopped in a manner reasonably acceptable to the relevant Issuing Lender and
the Administrative Agent), (ii) that is sold or otherwise disposed of or to be sold or otherwise disposed of as part of or
in connection with any sale or other disposition permitted under the Loan Documents, or (iii) subject to Section 9.1,
if approved, authorized or ratified in writing by the Required Lenders; (b) to subordinate any Lien on any property granted
to or held by the Collateral Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 6.3(g);
and (c) to release any Subsidiary Guarantor from its obligations under the Guarantee and Collateral Agreement or any other
Security Document if such Person ceases to be a Subsidiary Guarantor as a result of a transaction permitted under the Loan Documents.
Upon request by the Collateral Agent at any time, the Required Lenders will confirm in writing the Collateral Agent’s authority
to release or subordinate its interest in particular types or items of property, or to release any Subsidiary Guarantor from its
obligations under the Guarantee and Collateral Agreement pursuant to this paragraph. The Collateral Agent shall not be responsible
for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability
of the Collateral, the existence, priority or perfection of the Collateral Agent’s Lien thereon, or any certificate prepared
by any Loan Party in connection therewith, nor shall the Collateral Agent be responsible or liable to the other Secured Parties
for any failure to monitor or maintain any portion of the Collateral.

 

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8.11            The
Arrangers; the Co-Syndication Agents; the Co-Documentation Agents. Notwithstanding any other provision of this Agreement
or any provision of any other Loan Document, each of the Arrangers, each of the Co-Syndication Agents and each of the Co-Documentation
Agents are named as such for recognition purposes only, and in their respective capacities as such shall have no duties, responsibilities
or liabilities with respect to this Agreement or any other Loan Document; it being understood and agreed that each of the Arrangers,
each of the Co-Syndication Agents and each of the Co-Documentation Agents shall be entitled to all indemnification and reimbursement
rights in favor of the Agents provided herein and in the other Loan Documents. Without limiting the foregoing, none of the Arrangers,
the Co-Syndication Agents or the Co-Documentation Agents in their respective capacities as such shall, by reason of this Agreement
or any other Loan Document, have any fiduciary relationship in respect of any Lender, the Issuing Lender, any Loan Party or any
other Person.

 

8.12            Certain
Proceedings. In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial proceeding
relative to any Loan Party, each Agent (irrespective of whether the principal of any Loan shall then be due and payable as herein
expressed or by declaration or otherwise and irrespective of whether such Agent shall have made any demand on the Borrower) shall
be entitled and empowered (but not obligated) by intervention in such proceeding or otherwise (a) to file and prove a claim
for the whole amount of the principal and interest owing and unpaid in respect of the Loans and all other Obligations that are
owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders,
the Issuing Lender and the Agents (including any claim for the reasonable compensation, expenses, disbursements and advances of
the Lenders, the Issuing Lender and the Agents and their respective agents, sub-agents and counsel and all other amounts due the
Lenders, the Issuing Lender and the Agents under Section 9.5) allowed in such judicial proceeding and (b) to collect
and receive any monies or other property payable or deliverable on any such claims and to distribute the same and, in either case,
any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding
is hereby authorized by each Lender and each other Secured Party to make such payments to such Agent and, in the event that such
Agent shall consent to the making of such payments directly to the Lenders, to pay to such Agent any amount due for the reasonable
compensation, expenses, disbursements and advances of such Agent and its agents, sub-agents and counsel, and any other amounts
due such Agent under Sections 9.5.

 

8.13            Withholding
Taxes. To the extent required by any applicable law, the Administrative Agent may withhold from any payment to any
Lender or the Issuing Lender an amount equivalent to any applicable withholding Tax. If any payment has been made to any Lender
or the Issuing Lender by the Administrative Agent without the applicable withholding Tax being withheld from such payment and
the Administrative Agent has paid over the applicable withholding Tax to the Internal Revenue Service, any other Governmental
Authority, or the Internal Revenue Service or any other Governmental Authority asserts a claim that the Administrative Agent did
not properly withhold Tax from amounts paid to or for the account of any Lender or the Issuing Lender or any Tax is attributable
to a Lender's failure to maintain a Participant Register pursuant to Section 9.6(b), such Lender or the Issuing Lender, as
applicable, shall indemnify the Administrative Agent fully for all amounts paid, directly or indirectly, by the Administrative
Agent as Tax or otherwise, including any penalties or interest and together with all expenses (including legal expenses, allocated
internal costs and out-of-pocket expenses) incurred. The indemnity under this Section 8.13 shall be paid within 10 days after
the Administrative Agent delivers to the applicable Lender a certificate stating the amount so paid or payable by the Administrative
Agent. Such certificate shall be conclusive of the amount so paid or payable absent manifest error. Each Lender hereby authorizes
the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or
otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative
Agent under this Section 8.13.

 

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8.14         Certain
ERISA Matters.

 

(a)           Each
Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants,
from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit
of, the Administrative Agent and the Refinancing Arranger and their respective Affiliates, and not, for the avoidance of doubt,
to or for the benefit of the Borrower or any other Loan Party, that at least one of the following is and will be true:

 

(i)            such
Lender is not using “plan assets” (within the meaning of 29 C.F.R. § 2510.3-101, as modified by Section 3(42)
of ERISA) of one or more Plans in connection with the Loans, the Letters of Credit or the Commitments,

 

(ii)           the
transaction exemption set forth in PTE 84-14 (a class exemption for certain transactions determined by independent qualified professional
asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts), PTE 90-1
(a class exemption for certain transactions involving insurance company pooled separate accounts), PTE 91-38 (a class exemption
for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions
determined by in-house asset managers), is applicable with respect to and fully covers and exempts such Lender’s entrance
into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement,

 

(iii)          (A) such
Lender is an investment fund managed by a “Qualified Professional Asset Manager” (within the meaning of Part VI
of PTE 84-14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter
into, participate in, administer and perform the Loans, the Letters of Credit, the Commitments and this Agreement, (C) the
entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this
Agreement satisfies the requirements of sub-sections (b) through (g) of Part I of PTE 84-14 and (D) to the
best knowledge of such Lender, the requirements of subsection (a) of Part I of PTE 84-14 are satisfied with respect
to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit,
the Commitments and this Agreement, or

 

(iv)          such
other representation, warranty and covenant as may be agreed in writing between the Administrative Agent, in its sole discretion,
and such Lender.

 

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(b)          In
addition, unless sub-clause (i) in the immediately preceding clause (a) is true with respect to a Lender or such Lender
has not provided another representation, warranty and covenant as provided in sub-clause (iv) in the immediately preceding
clause (a), such Lender further (x) represents and warrants, as of the date such Person became a Lender party hereto, to,
and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party
hereto, for the benefit of, the Administrative Agent and Refinancing Arranger and their respective Affiliates, and not, for the
avoidance of doubt, to or for the benefit of the Borrower or any other Loan Party, that:

 

(i)            none
of the Administrative Agent or the Refinancing Arranger or any of their respective Affiliates is a fiduciary with respect to the
assets of such Lender (including in connection with the reservation or exercise of any rights by the Administrative Agent under
this Agreement, any Loan Document or any documents related to hereto or thereto),

 

(ii)           the
Person making the investment decision on behalf of such Lender with respect to the entrance into, participation in, administration
of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement is independent (within the meaning
of 29 CFR § 2510.3-21) and is a bank, an insurance carrier, an investment adviser, a broker-dealer or other person that holds,
or has under management or control, total assets of at least $50 million, in each case as described in 29 CFR § 2510.3-21(c)(1)(i)(A)-(E),

 

(iii)          the
Person making the investment decision on behalf of such Lender with respect to the entrance into, participation in, administration
of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement is capable of evaluating investment
risks independently, both in general and with regard to particular transactions and investment strategies (including in respect
of the Obligations),

 

(iv)          the
Person making the investment decision on behalf of such Lender with respect to the entrance into, participation in, administration
of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement is a fiduciary under ERISA or the Code,
or both, with respect to the Loans, the Letters of Credit, the Commitments and this Agreement and is responsible for exercising
independent judgment in evaluating the transactions hereunder, and

 

(v)           no
fee or other compensation is being paid directly to the Administrative Agent, the Arrangers or the Refinancing Arranger or any
their respective Affiliates for investment advice (as opposed to other services) in connection with the Loans, the Letters of
Credit, the Commitments or this Agreement.

 

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(c)            The
Administrative Agent and the Refinancing Arranger hereby inform the Lenders that each such Person is not undertaking to provide
impartial investment advice, or to give advice in a fiduciary capacity, in connection with the transactions contemplated hereby,
and that such Person has a financial interest in the transactions contemplated hereby in that such Person or an Affiliate thereof
(i) may receive interest or other payments with respect to the Loans, the Letters of Credit, the Commitments and this Agreement,
(ii) may recognize a gain if it extended the Loans, the Letters of Credit or the Commitments for an amount less than the
amount being paid for an interest in the Loans, the Letters of Credit or the Commitments by such Lender or (iii) may receive
fees or other payments in connection with the transactions contemplated hereby, the Loan Documents or otherwise, including structuring
fees, commitment fees, arrangement fees, facility fees, upfront fees, underwriting fees, ticking fees, agency fees, administrative
agent or collateral agent fees, utilization fees, minimum usage fees, letter of credit fees, fronting fees, deal-away or alternate
transaction fees, amendment fees, processing fees, term out premiums, banker’s acceptance fees, breakage or other early
termination fees or fees similar to the foregoing.

 

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Section 9.
MISCELLANEOUS

 

9.1            Amendments
and Waivers. Subject to Section 2.15, neither this Agreement or any other Loan Document, nor any terms
hereof or thereof, may be amended, supplemented or modified except in accordance with the provisions of this Section 9.1.
Subject to the provisions of the immediately following sentence, the Required Lenders and each Loan Party party to the relevant
Loan Document may, or (with the written consent of the Required Lenders) the Administrative Agent and each Loan Party party to
the relevant Loan Document may, from time to time, (a) enter into written amendments, supplements or modifications hereto
and to the other Loan Documents (including amendments and restatements hereof or thereof) for the purpose of adding any provisions
to this Agreement or the other Loan Documents or changing in any manner the rights of the Lenders or of the Loan Parties hereunder
or thereunder or (b) waive, on such terms and conditions as may be specified in the instrument of waiver, any of the requirements
of this Agreement or the other Loan Documents or any Default or Event of Default and its consequences; provided, however,
that no such waiver and no such amendment, supplement or modification shall (i) forgive, waive or excuse the principal amount
or extend the final scheduled date of maturity or any amortization payment of any Loan or Reimbursement Obligation, or reduce
the stated rate of any interest (other than the waiver of default interest) or fee payable hereunder or extend the scheduled date
of any payment thereof or modify the definition of Interest Period to permit an Interest Period greater than six months in duration,
or increase the amount or extend the expiration date of the Revolving Credit Commitment of any Lender, in each case without the
consent of each Lender directly affected thereby; (ii) amend, modify or waive any provision of this Section 9.1 (except
for technical amendments with respect to additional extensions of credit pursuant to this Agreement which afford the protections
to such additional extensions of credit of the type provided to the Loans and the Commitments on the Closing Date, which technical
amendments shall, for the avoidance of doubt, be subject to the consent of the Required Lenders) or reduce any percentage specified
in the definition of Required Lenders (it being understood that, with the written consent of the Required Lenders, additional
extensions of credit pursuant to this Agreement may be included in the determination of the Required Lenders on substantially
the same basis as the extensions of Loans and Commitments are included on the Closing Date), consent to the assignment or transfer
by the Borrower of any of its rights and obligations under this Agreement and the other Loan Documents, release all or substantially
all of the Collateral or release all or substantially all of the value of the Subsidiary Guarantors’ guarantee obligations
under the Guarantee and Collateral Agreement, in each case without the consent of all Lenders; (iii) amend, modify or waive
any provision of Section 8 without the consent of the Administrative Agent; (iv) amend, modify or waive any provision
of Section 2.16 without the consent of each Lender directly affected thereby; (v) amend, modify, or waive any provision
of Sections 2.23 through 2.30 without the consent of the Issuing Lenders; (vi) extend the expiration date of any Letter of
Credit to a date later than the fifth Business Day prior to the Revolving Credit Termination Date without the consent of each
Lender (including the Issuing Lender) unless such Letter of Credit has been cash collateralized or backstopped in a manner reasonably
acceptable to the relevant Issuing Lender; (vii) reduce the percentage specified in the definition of Majority Facility Lenders
with respect to any Facility without the consent of all Lenders under such Facility; (viii) alter the required application
of any repayments or prepayments as between Facilities pursuant to Sections 2.9 and 2.10 without the consent of Majority Facility
Lenders with respect to each Facility being allocated a lesser repayment or prepayment as a result thereof (it being understood,
however, that additional extensions of credit being given substantially the same treatment as the Loans and Commitments on the
Closing Date shall be permitted by vote of the Required Lenders and the Required Lenders may waive, in whole or in part, any prepayment
or commitment reductions so long as the application, as among the various Facilities and as among the Lenders of each such Facility,
of any such prepayment or commitment reduction which is still required to be made is not altered); (ix) impose any additional
restrictions on any Lender’s ability to assign any of its rights or obligations hereunder (including any amendment to Section 9.6)
(other than, for the avoidance of doubt, any supplement to the Excluded Lender list in compliance herewith) without the prior
written consent of the Lenders adversely affected thereby); or (x) amend or modify the definition of “Qualified Counterparty,”
 “Specified Hedge Agreement” or “Secured Obligations” (as defined in the Guarantee and Collateral Agreement)
in each case in a manner adverse to any Qualified Counterparty with Secured Obligations (as defined in the Guarantee and Collateral
Agreement) then outstanding without the written consent of such Qualified Counterparty; provided, however, that,
notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to consent to any such agreement, other
than any such agreement which amends, modifies or otherwise affects the rights or obligations of a Defaulting Lender differently
than the rights or obligations of the other Lenders or increases or extends the Commitment or decreases the principal amount of,
or extends the maturity of any scheduled principal payment date or date for the payment of any interest on any Loan of any such
Defaulting Lender. Any such waiver and any such amendment, supplement or modification shall apply equally to each of the Lenders
and shall be binding upon the Loan Parties, the Lenders, the Administrative Agent and all future holders of the Loans and L/C
Obligations. In the case of any waiver, the Loan Parties, the Lenders and the Administrative Agent shall be restored to their
former position and rights hereunder and under the other Loan Documents, and any Default or Event of Default waived shall be deemed
to be cured and not continuing; but no such waiver shall extend to any subsequent or other Default or Event of Default, or impair
any right consequent thereon. Any such waiver, amendment, supplement or modification shall be effected by a written instrument
signed by the parties required to sign pursuant to the foregoing provisions of this Section; provided that delivery of
an executed signature page of any such instrument by facsimile transmission shall be effective as delivery of a manually
executed counterpart thereof. Notwithstanding the foregoing, (A) the waiver of any condition set forth in Section 4.2
as to any extension of credit under any Facility may be effected solely with the written consent of the Majority Facility Lenders
under such Facility and (B) any other amendment or waiver solely affecting one Facility and not any other Facility may be
effected solely with the consent of the Majority Facility Lenders under such affected Facility.

 

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9.2            Notices.
Except in the case of notices and other communications expressly permitted to be given by telephone (and except for electronic
communications provided for below), all notices, requests, demands and other communications to or upon the respective parties
hereto to be effective shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or
registered mail or sent by fax, as follows:

 

	The Borrower:	B&G Foods, Inc.

    Four Gatehall Drive, Suite 110

    Parsippany, NJ  07054

    Attention:  Chief Financial Officer

    Telecopy: 973-630-6550

    Telephone: 973-401-6500
	 	 
	with a copy to:	B&G Foods, Inc.

    Four Gatehall Drive, Suite 110

    Parsippany, NJ  07054

    Attention:  General Counsel

    Telecopy: 973-630-6550

    Telephone: 973-401-6500
	 	 
	The Administrative Agent or the Collateral
    Agent:	Notices (other than Requests for Extensions of Credit):

        Barclays Bank PLC

        Bank Debt Management Group

        745 Seventh Avenue

        New York, NY 10019

        Attn: Christopher Lee

        Tel: + 1 212 526 0732

        Facsimile: 212-526-5115

        Email: Christopher.r.lee@barclays.com

         

        For Payments and Requests for Extensions of Credit:

        Barclays Bank PLC

        Loan Operations

        1301 Avenue of the Americas

        New York, NY 10019

        Attn: Agency Services – B&G Foods; Contact
        Name Michele Sirigos

        Tel: +1 212-320 - 6136

        Facsimile: 917-522-0569

        Email: xrausloanops5@barclays.com 

	 	 
	Issuing Lender:	As notified by such Issuing Lender to
    the Administrative Agent and the Borrower
	 	 
	Lenders:	To the applicable Lender as set forth
    in an administrative questionnaire delivered to the Administrative Agent or on Schedule I to the lender addendum to which
    such Lender is a party or, in the case of a Lender which becomes a party to this Agreement pursuant to an Assignment and Assumption,
    in such Assignment and Assumption.

 

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Notices sent by hand
or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices
sent by facsimile shall be deemed to have been given when sent (except that, if not given during normal business hours for the
recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient). Notices
delivered through electronic communications, to the extent provided in the immediately following paragraph, shall be effective
as provided in said paragraph.

 

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 Section 2 if such Lender has notified the Administrative Agent that it is incapable
of receiving notices under such Section 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. Unless
the Administrative Agent otherwise prescribes, (a) 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), and (b) 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 (a), of notification that such notice or communication is available and identifying
the website address therefore; provided that, for both clauses (a) and (b) above, if such notice, email or other
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. Each Lender agrees to notify the Administrative
Agent in writing (including by electronic communication) from time to time of such Lender’s e-mail address to which the
foregoing notices may be sent by electronic transmission and that the foregoing notice may be sent to such e-mail address.

 

Any party hereto may
change its address or facsimile number for notices and other communications hereunder by notice to the other parties hereto.

 

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Each Loan Party agrees
that the Administrative Agent may, but shall not be obligated to, make the Communications (as defined below) available to the
Lenders by posting the Communications on Debt Domain, Intralinks, Syndtrak or a substantially similar electronic transmission
system (the “Platform”). The Platform is provided “as is” and “as available.” The Administrative
Agent and its Related Parties do not warrant the adequacy of the Platform and expressly disclaim liability for errors or omissions
in the Communications. No warranty of any kind, express, implied or statutory, including, without limitation, any warranty of
merchantability, fitness for a particular purpose, non-infringement of third-party rights or freedom from viruses or other code
defects, is made by Administrative Agent or any of its Related Parties in connection with the Communications or the Platform.
In no event shall the Administrative Agent or any of its Related Parties have any liability to the Borrower or the other Loan
Parties, any Lender or any other Person or entity for damages of any kind, including, without limitation, direct or indirect,
special, incidental or consequential damages, losses or expenses (whether in tort, contract or otherwise) arising out of the Borrower’s,
any Loan Party’s or the Administrative Agent’s transmission of communications through the Platform. “Communications”
means, collectively, any notice, demand, communication, information, document or other material that any Loan Party provides to
the Administrative Agent pursuant to any Loan Document or the transactions contemplated therein which is distributed to the Administrative
Agent or any Lender by means of electronic communications pursuant to this Section, including through the Platform.

 

The Borrower hereby
acknowledges that (a) the Administrative Agent will make available to the Lenders and the Issuing Lender materials and/or
information provided by or on behalf of the Borrower hereunder (collectively, the “Borrower Materials”) by
posting the Borrower Materials on the Platform and (b)certain of the Lenders may be “public-side” Lenders (i.e., Lenders
that do not wish to receive material non-public information with respect to the Borrower or its securities) (each, a “Public
Lender”). The Borrower hereby agrees that (i) all Borrower Materials that are to be made available to Public Lenders
shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC”
shall appear prominently on the first page thereof; (ii) by marking Borrower Materials “PUBLIC,” the Borrower
shall be deemed to have authorized the Administrative Agent and the Lenders to treat such Borrower Materials as not containing
any material non-public information with respect to the Borrower or its securities for purposes of United States federal and state
securities laws (provided, however, that to the extent such Borrower Materials constitute confidential information,
they shall be treated as set forth in Section 9.14); (iii) all Borrower Materials marked “PUBLIC” are permitted
to be made available through a portion of the Platform designated as “Public Investor;” and (iv) the Administrative
Agent shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting
on a portion of the Platform not marked as “Public Investor.” Notwithstanding the foregoing, the following Borrower
Materials shall be marked “PUBLIC”, unless the Borrower notifies the Administrative Agent promptly that any such document
contains material non-public information: (1) the Loan Documents and (2) notification of changes in the terms of the
Facilities.

 

Each Public Lender
agrees to cause at least one individual at or on behalf of such Public Lender to at all times have selected the “Private
Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public
Lender or its delegate, in accordance with such Public Lender’s compliance procedures and applicable law, including United
States Federal and state securities laws, to make reference to Communications that are not made available through the “Public
Side Information” portion of the Platform and that may contain material non-public information with respect to the Borrower
or its securities for purposes of United States Federal or state securities laws.

 

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The Administrative
Agent agrees that the receipt of the Communications by the Administrative Agent at its e-mail address set forth above shall constitute
effective delivery of the Communications to the Administrative Agent for purposes of the Loan Documents. Each Lender agrees that
receipt of notice to it (as provided in the next sentence) specifying that the Communications have been posted to the Platform
shall constitute effective delivery of the Communications to such Lender for purposes of the Loan Documents. Each Lender agrees
to notify the Administrative Agent in writing (including by electronic communication) from time to time of such Lender’s
e-mail address to which the foregoing notice may be sent by electronic transmission and that the foregoing notice may be sent
to such e-mail address.

 

Nothing herein shall
prejudice the right of any Agent or any Lender to give any notice or other communication pursuant to any Loan Document in any
other manner specified in such Loan Document.

 

9.3            No
Waiver; Cumulative Remedies. No failure to exercise and no delay in exercising, on the part of any Agent, the Issuing
Lender or any Lender, any right, remedy, power or privilege hereunder or under the other Loan Documents shall operate as a waiver
thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or further
exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein
provided are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law.

 

9.4            Survival
of Representations and Warranties. All covenants, agreements, representations and warranties made by the Loan Parties
herein, in the other Loan Documents and in the documents, certificates, statements or instruments prepared or delivered in connection
with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the Agents, the
Lenders and the Issuing Lender and shall survive the making by the Lenders of the Loans and the issuance of Letters of Credit
by the Issuing Lender, regardless of any investigation made by the Agents, the Lenders or the Issuing Lender or on their behalf,
and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee or other
amount payable under this Agreement or any other Loan Document is outstanding and unpaid or any Letter of Credit is outstanding
(other than Letters of Credit that have been cash collateralized or backstopped in a manner reasonably acceptable to the relevant
Issuing Lender and the Administrative Agent) and so long as the Commitments have not been terminated. The provisions of Sections
2.17, 2.18, 2.19 and 9.5 shall remain operative and in full force and effect regardless of the expiration of the term of this
Agreement, the consummation of the transactions contemplated hereby, the repayment of any of the Loans, the expiration of the
Commitments, the expiration of any Letter of Credit, the invalidity or unenforceability of any term or provision of this Agreement
or any other Loan Document, or any investigation made by or on behalf of any Agent, the Issuing Lender or any Lender.

 

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9.5            Payment
of Expenses. The Borrower agrees (a) to pay or reimburse the Administrative Agent, the Collateral Agent, the Arrangers
and the Issuing Lender, upon presentation of a reasonably detailed statement for all their reasonable and documented out-of-pocket
costs and expenses, including, without limitation, the reasonable fees and disbursements and other charges of a single New York
counsel (provided that, if the Administrative Agent, the Collateral Agent, the Arrangers and the Issuing Lender (or any
of the foregoing) is advised by counsel that there are actual or perceived conflicts of interest, the Borrower will be required
to pay for one additional counsel for each affected party) and appropriate local or special counsel, incurred in connection with
the Transactions, the syndication of the Commitments and with the development, preparation, negotiation, execution, delivery and
administration of this Agreement and the other Loan Documents, and any amendment, supplement, waiver or modification of the provisions
hereof or thereof (whether or not the transactions hereby or thereby contemplated shall be consummated), and any other documents
prepared in connection herewith or therewith, and the consummation of the transactions contemplated hereby and thereby, including,
without limitation, (i) all charges related to the Platform and (ii) all reasonable expenses incurred by the Issuing
Lender in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder,
(b) to pay or reimburse the Administrative Agent, the Collateral Agent, the Issuing Lender and the Lenders (other than any
Excluded Lenders), upon presentation of a reasonably detailed statement, for all their documented costs and expenses, including,
without limitation, the fees, disbursements and other charges of counsel, incurred in connection with the enforcement or preservation
of any rights under this Agreement, the other Loan Documents and any such other documents (provided that the Administrative
Agent, the Collateral Agent and any Issuing Lender that is an Affiliate of any such Agent shall engage a single New York counsel
unless such Agents and such Issuing Lender (or any of the foregoing) is advised by counsel that there are actual or perceived
conflicts of interest, in which case the Borrower will be required to pay for one additional New York counsel for each affected
party), (c) to pay, and indemnify and hold harmless the Administrative Agent, the Collateral Agent, each Arranger, the Issuing
Lender, each Co-Syndication Agent, each Co-Documentation Agent and each Lender (other than any Excluded Lenders) from any and
all recording and filing fees and any and all liabilities with respect to, or resulting from any delay in paying, stamp, excise
and other taxes, if any, which may be payable or determined to be payable in connection with the execution and delivery of, or
consummation or administration of any of the transactions contemplated by, or any amendment, supplement or modification of, or
any waiver or consent under or in respect of, this Agreement, the other Loan Documents and any such other documents, (d) to
pay, and indemnify and hold harmless the Administrative Agent, the Collateral Agent, each Arranger, the Issuing Lender, each Co-Syndication
Agent, each Co-Documentation Agent and each Lender (other than any Excluded Lender) and each Related Party of any of the foregoing
Persons (each, an “Indemnitee”) from and against any and all liabilities, obligations, losses, damages, penalties,
actions, claims, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever (including, without limitation,
the reasonable fees, disbursements and other charges of a single New York counsel (provided that, if the Indemnitees (or
any of them) are advised by counsel that there are actual or perceived conflicts of interest, the Borrower will be required to
pay for one additional counsel for each affected party) and appropriate local or special counsel) arising out of, in connection
with, as a result of or with respect to (i) the execution, delivery, enforcement, performance or administration of this Agreement,
any other Loan Document or any such other documents or instruments, the performance by the parties hereto or thereto of their
respective obligations hereunder or thereunder or the consummation of the Transactions and the other transactions contemplated
hereby or thereby (including the syndication of the Facilities), (ii) the use of proceeds of the Loans or the use of the
Letters of Credit, (iii) any actual or alleged presence or release of Materials of Environmental Concern on any property
currently or formerly owned or operated by the Borrower or any of its Subsidiaries, or the violation of, noncompliance with or
liability under, any Environmental Law applicable to the operations of the Borrower, any of its Subsidiaries or any of the Properties
or (iv) any claim, litigation, investigation or proceeding relating to any of the foregoing, whether or not any Indemnitee
is a party thereto (and regardless of whether such matter is initiated by a third party or by the Borrower, any other Loan Party
or any of their respective Affiliates) (all the foregoing in this clause (d), collectively, the “Indemnified Liabilities”),
provided that the Borrower shall have no obligation hereunder to any Indemnitee with respect to Indemnified Liabilities
to the extent such Indemnified Liabilities are found by a final and non-appealable judgment of a court of competent jurisdiction
to have resulted from (i) the gross negligence or willful misconduct of such Indemnitee or (ii) a dispute solely among
Indemnitees (other than any claim, litigation, investigation or proceeding against an Indemnitee in its capacity as Arranger,
the Administrative Agent or other similar role) that does not involve any action or inaction by the Borrower or its affiliates
and (e) to pay or reimburse the Administrative Agent for any loss, cost or expense arising from any assignment to an Excluded
Lender, except to the extent such losses, costs, or expenses are found by a final and non-appealable judgment of a court of competent
jurisdiction to have resulted from the gross negligence or willful misconduct of the Administrative Agent. No Indemnitee shall
be liable for any damages arising from the use by unauthorized persons of information or other materials sent through electronic,
telecommunications or other information transmission systems that are intercepted by such persons, except to the extent such damages
are found by a final and non-appealable judgment of a court of competent jurisdiction to have resulted from the gross negligence
or willful misconduct of such Indemnitee. Without limiting the foregoing, and to the extent permitted by applicable law, the Borrower
agrees not to assert and to cause its Subsidiaries not to assert, and hereby waives and agrees to cause its Subsidiaries so to
waive, all rights for contribution or any other rights of recovery with respect to all claims, demands, penalties, fines, liabilities,
settlements, damages, costs and expenses of whatever kind or nature, under or related to Environmental Laws, that any of them
might have by statute or otherwise against any Indemnitee. All amounts due under this Section 9.5 shall be payable promptly
upon (but in any event not later than 30 days after) written demand therefor. Statements payable by the Borrower pursuant to this
Section shall be submitted with reasonable supporting detail to the Borrower’s chief financial officer, at the address
of the Borrower set forth in Section 9.2, or to such other Person or address as may be hereafter designated by the Borrower
in a written notice to the Administrative Agent (which shall promptly notify each Lender). The agreements in this Section 9.5
shall remain operative and in full force and effect regardless of the expiration of the term of this Agreement, the consummation
of the transactions contemplated hereby, the repayment of any of the Loans, the expiration of the Commitments, the expiration
of any Letter of Credit, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document,
or any investigation made by or on behalf of the Administrative Agent, the Collateral Agent, any Lender or the Issuing Lender.
The agreements in Section 9.5 of the Existing Credit Agreement shall remain operative and in full force and effect regardless
of the execution of this Agreement.

 

In no event shall
any Indemnitee be liable on any theory of liability for any special, indirect, consequential or punitive damages (including any
loss of profits, business or anticipated savings). The Borrower hereby waives, releases and agrees (and shall cause each other
Loan Party to waive, release and agree) not to sue upon any such claim for any special, indirect, consequential or punitive damages,
whether or not accrued and whether or not known or suspected to exist in its favor.

 

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To the extent that
the Borrower fails to pay any amount required to be paid by it to the Administrative Agent, the Collateral Agent or the Issuing
Lender under the immediately preceding paragraph, each Lender severally agrees to pay to the Administrative Agent, the Collateral
Agent or the Issuing Lender, as the case may be, such Lender’s Aggregate Exposure Percentage (determined as of the time
that the applicable unreimbursed expense or indemnity payment is sought and determined as if no Lender were a Defaulting Lender)
of such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related
expense, as the case may be, was incurred by or asserted against the Administrative Agent, the Collateral Agent or the Issuing
Lender in its capacity as such.

 

9.6            Successors
and Assigns; Participations and Assignments. (a) This Agreement shall be binding upon and inure to the benefit
of the Borrower, the Lenders, the Administrative Agent, all future holders of the Loans and their respective successors and assigns,
except that the Borrower may not assign or transfer any of its rights or obligations under this Agreement or any other Loan Document
without the prior written consent of the Administrative Agent and each Lender (and any attempted such assignment or transfer without
such consents shall be null and void).

 

(b)            Any
Lender may without the consent of, or notice to, the Borrower, any Agent, the Issuing Lender or any Lender, in accordance with
applicable law, at any time sell to one or more banks, financial institutions or other Persons (other than a natural person, an
Excluded Lender and, except as expressly permitted under Section 9.6(i), other than to the Borrower or any of the Borrower’s
Subsidiaries or Affiliates) (each, a “Participant”) participations in all or any portion of such Lender’s
rights and/or obligations under this Agreement and the other Loan Documents (including all or any portion of the Commitments and
Loans owing to such Lender); provided that (i) such Lender’s obligations under this Agreement and the other
Loan Documents shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the
performance of such obligations, and (iii) the Borrower, the Agents, the Issuing Lender and the Lenders shall continue to
deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement and
the other Loan Documents. For the avoidance of doubt, each Lender shall be responsible for the indemnity under the last paragraph
of Section 9.5 with respect to any payments made by such Lender to its Participant(s). Any agreement or instrument pursuant
to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce the obligations
of the Borrower relating to the Loans or Reimbursement Obligations and to approve any amendment, modification or waiver of any
provision of any Loan Document, or any consent to any departure by any Loan Party therefrom; provided that such agreement
or instrument may provide that such Lender will not, without the consent of the applicable Participant, agree to any amendment,
modification, waiver or consent to any provisions of the Loan Documents to the extent that such amendment, modification, waiver
or consent would forgive, waive or excuse the principal amount or extend the final scheduled date of maturity of any Loan or Reimbursement
Obligation, or reduce the stated rate of any interest (other than the waiver of default interest) or fee payable hereunder, release
all or substantially all of the Collateral or release all or substantially all of the value of the Subsidiary Guarantors from
their guarantee obligations under the Guarantee and Collateral Agreement, in each case to the extent subject to, or related to,
such participation. The Borrower agrees that each Participant shall be entitled to the benefits of Sections 2.17, 2.18 and 2.19
(subject to the requirements and limitations set forth therein, including the requirements under Section 2.18(e) (it
being understood that the documentation under Section 2.18(e) shall be delivered to the participating Lender)) to the
same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section;
provided that such Participant (A) agrees to be subject to the provisions of Section 2.21 as if it were an assignee
under paragraph (b) of this Section and (B) shall not be entitled to receive any greater payment under Sections
2.17, 2.18 or 2.19, with respect to any participation, than its participating Lender would have been entitled to receive, unless
the sale of the participation to such Participant is made with the Borrower’s prior written consent. To the extent permitted
by law, each Participant also shall be entitled to the benefits of Section 9.7 as though it were a Lender; provided
that such Participant agrees to be subject to Section 2.16 as though it were a Lender. For the avoidance of doubt, no assignments
(including assignments of additional Term Loans) may be made to an Excluded Lender. Each Lender that sells a participation shall,
acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain at one or more of its offices 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 rights or obligations under the Loan Documents (each such register, a “Participant Register”);
provided that no Lender shall have any obligation to disclose all or any portion of any Participant Register (including
the identity of any Participant or any information relating to a Participant’s interest in any Loans or other rights or
obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such
Loan or other right or obligation is in registered form under Section 5f.103-1(c) of the U.S. Treasury Regulations provided
that if any Participant requests compensation under Section 2.17, 2.18 and 2.19, such Participant shall provide to the Borrower
and the Administrative Agent any documentation reasonably requested by the Borrower or the Administrative Agent. The entries in
a Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded
in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to
the contrary. For the avoidance of doubt, (i) the Administrative Agent (in its capacity as Administrative Agent) shall have
no responsibility for maintaining a Participant Register and (ii) no participations (including additional participations
in Term Loans) may be made to an Excluded Lender.

 

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(c)            Any
Lender or participant may, in connection with any assignment or participation or proposed assignment or participation pursuant
to this Section 9.6, disclose to the assignee or participant or proposed assignee or participant any information relating
to the Borrower furnished to such Lender by or on behalf of the Borrower; provided that, prior to any such disclosure of
Information or other information designated by the Borrower as confidential, each such assignee or participant or proposed assignee
or participant shall execute an agreement whereby such assignee or participant shall agree (subject to customary exceptions) to
preserve the confidentiality of such confidential information on terms no less restrictive than those applicable to the Lenders
pursuant to Section 9.14.

 

(d)            Any
Lender (an “Assignor”) may, in accordance with applicable law and upon written notice to the Administrative
Agent, at any time and from time to time assign to any Person (other than a natural person, an Excluded Lender and, except as
expressly permitted under Section 9.6(i), other than to the Borrower or any of the Borrower’s Subsidiaries or Affiliates)
(an “Assignee”), with the consent of the Issuing Lender, the Administrative Agent and the Borrower (which,
in each case, shall not be unreasonably withheld or delayed), all or any part of its rights and obligations under this Agreement
pursuant to an Assignment and Assumption, executed by such Assignee and such Assignor (and, where the consent of the Borrower
or any other Person is required pursuant to the foregoing provisions, by the Borrower and each such other Person) and delivered
to the Administrative Agent for its acceptance and recording in the Register; provided that (i) no such consent of
the Issuing Lender need be obtained with respect to any assignment of the Term Loans and (ii) (A) no
such consent of the Borrower (A) shall be required (x) if such
assignment is made to another Lender or any Affiliate or Approved Fund or Control Investment Affiliate thereof, (y) after
the occurrence and during the continuance of an Event of Default under Sections 7(a) or (f) or (z) in the case
of assignments during the primary syndication of the Commitments and Loans, to Persons identified by the Administrative Agent
to the Borrower prior to the Closing Date, and (B) the
consent of the Borrower shall be deemed to have been given if the Borrower
has not responded within five Business Days of a request for such consent; provided, further, that no such assignment
to an Assignee (other than any Lender or any Affiliate or Approved Fund thereof) shall be in an aggregate principal amount of
less than $2,500,000 with respect to Revolving Credit Loans or Revolving Credit Commitments and $1,000,000 with respect to Term
Loans (other than in the case of an assignment of all of a Lender’s interests under this Agreement), unless (i) otherwise
agreed by the Borrower and the Administrative Agent or (ii) such assignment is one of two or more assignments being made
simultaneously by or to affiliated Assignees or Approved Funds, the sum of the aggregate principal amounts of which is at least
$2,500,000 with respect to Revolving Credit Loans or Revolving Credit Commitments and $1,000,000 with respect to Term Loans. Upon
such execution, delivery, acceptance and recording, from and after the effective date determined pursuant to such Assignment and
Assumption, (x) the Assignee thereunder shall be a party hereto and, to the extent provided in such Assignment and Assumption,
have the rights and obligations of a Lender hereunder with a Revolving Credit Commitment and/or Loans and other interests as set
forth therein, and (y) the Assignor thereunder shall, to the extent provided in such Assignment and Assumption, be released
from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of an Assignor’s
rights and obligations under this Agreement, such Assignor shall cease to be a party hereto except as to Sections 2.17, 2.18,
2.20 and 9.5 in respect of the period prior to such effective date). Notwithstanding anything to the contrary contained herein,
no such assignment shall be made (1) to the Borrower or any of the Borrower’s Subsidiaries or Affiliates except as
expressly permitted under Section 9.6(i) or (2) to any Defaulting Lender or any of its Subsidiaries, or any Person
who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (2).

 

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(e)            The
Administrative Agent shall, solely for this purpose acting as an agent of the Borrower, maintain at its address referred to in
Section 9.2 a copy of each Assignment and Assumption delivered to it and a register (the “Register”) for
the recordation of the names and addresses of the Lenders and the Revolving Credit Commitment of, and principal amount and stated
interest of the Revolving Extensions of Credit and Term Loans owing to, each Lender from time to time. The entries in the Register
shall be conclusive, in the absence of manifest error, and the Borrower, the Administrative Agent and the Lenders shall treat
each Person whose name is recorded in the Register as the owner of the Revolving Extensions of Credit, Term Loans and any Notes
evidencing the Loans recorded therein for all purposes of this Agreement. Any assignment of any Loan, whether or not evidenced
by a Note, shall be effective only upon appropriate entries with respect thereto being made in the Register (and each Note shall
expressly so provide). Any assignment or transfer of all or part of a Loan evidenced by a Note shall be registered on the Register
only upon surrender for registration of assignment or transfer of the Note evidencing such Loan, accompanied by a duly executed
Assignment and Assumption; thereupon one or more new Notes in the same aggregate principal amount shall be issued to the designated
Assignee (to the extent requested by such designated Assignee), and the old Notes shall be returned by the Administrative Agent
to the Borrower marked “canceled”. The Register shall be available for inspection by the Borrower or any Lender (with
respect to any entry relating to such Lender’s Revolving Extensions of Credit and Term Loans) at any reasonable time and
from time to time upon reasonable prior notice.

 

(f)            Upon
its receipt of an Assignment and Assumption executed by an Assignor and an Assignee (and, in any case where the consent of any
other Person is required by Section 9.6(d), by each such other Person), together with payment to the Administrative Agent
of a registration and processing fee of $3,500 (which fee may be waived or reduced in the sole discretion of the Administrative
Agent) and an Administrative Questionnaire completed in respect of the Assignee (unless the Assignee shall already be a Lender
hereunder) and all applicable tax forms, the Administrative Agent shall (i) promptly accept such Assignment and Assumption
and (ii) on the effective date determined pursuant thereto record the information contained therein in the Register and give
notice of such acceptance and recordation to the Borrower. On or prior to such effective date, the Borrower at its own expense,
upon request, shall execute and deliver to the Administrative Agent (in exchange for the Notes of the assigning Lender) a new
Note to the order of such Assignee in an amount equal to the Revolving Credit Commitment and/or applicable Term Loans, as the
case may be, assumed or acquired by it pursuant to such Assignment and Assumption and, if the Assignor has retained a Revolving
Credit Commitment and/or Term Loans, as the case may be, upon request, new Notes, as the case may be, to the order of the Assignor
in an amount equal to the Revolving Credit Commitment and/or applicable Term Loans, as the case may be, retained by it hereunder.
Such new Note or Notes shall be dated the Closing Date and shall otherwise be in the form of the Note or Notes replaced thereby.

 

(g)            Any
Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement to secure
obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided
that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee
or assignee for such Lender as a party hereto.

 

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(h)            Notwithstanding
anything to the contrary contained herein, any Lender (a “Granting Lender”) may grant to a special purpose
funding vehicle (an “SPC”), identified as such in writing from time to time by the Granting Lender to the Administrative
Agent and the Borrower, the option to provide to the Borrower all or any part of any Loan that such Granting Lender would otherwise
be obligated to make to the Borrower pursuant to this Agreement; provided that (i) nothing herein shall constitute
a commitment by any SPC to make any Loan, (ii) if an SPC elects not to exercise such option or otherwise fails to provide
all or any part of such Loan, the Granting Lender shall be obligated to make such Loan pursuant to the terms hereof and (iii) the
Granting Lender’s and the Borrower’s obligations under this Agreement to the other parties to this Agreement shall
remain unchanged, the Granting Lender shall remain solely responsible for the performance thereof, and the Borrower, the Lenders
and the Agents shall continue to deal solely and directly with such Granting Lender in connection with such Granting Lender’s
rights and obligations under this Agreement and the other Loan Documents. The making of a Loan by an SPC hereunder shall utilize
the Revolving Credit Commitment of the Granting Lender to the same extent, and as if, such Loan were made by such Granting Lender.
Each party hereto hereby agrees that no SPC shall be liable for any indemnity or similar payment obligation under this Agreement
(all liability for which shall remain with the Granting Lender). In furtherance of the foregoing, each party hereto hereby agrees
(which agreement shall survive the termination of this Agreement) that, prior to the date that is one year and one day after the
payment in full of all outstanding commercial paper or other indebtedness of any SPC, it will not institute against, or join any
other Person in instituting against, such SPC any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings
under the laws of the United States or any state thereof. In addition, notwithstanding anything to the contrary in this Section 9.6(g),
any SPC may (A) with notice to, but without the prior written consent of, the Borrower and the Administrative Agent and without
paying any processing fee therefor, assign all or a portion of its interests in any Loans to the Granting Lender, or with the
prior written consent of the Borrower and the Administrative Agent (which consent shall not be unreasonably withheld) to any financial
institutions providing liquidity and/or credit support to or for the account of such SPC to support the funding or maintenance
of Loans, and (B) disclose on a confidential basis any non-public information relating to its Loans to any rating agency,
commercial paper dealer or provider of any surety, guarantee or credit or liquidity enhancement to such SPC; provided that
non-public information with respect to the Borrower may be disclosed only with the Borrower’s consent which will not be
unreasonably withheld. In the event that the consent of all or any portion of the Lenders is required pursuant to any provision
of any Loan Document at a time when any Loan is held by any SPC, such SPC and the Granting Lender that would otherwise have been
obligated to make such Loan shall agree between themselves as to which of them shall be entitled to grant or withhold any consent
applicable to such Loan, but such Granting Lender shall communicate with the Administrative Agent and the Borrower as to the giving
or withholding of such consent, and the parties to the Loan Documents shall be entitled to rely conclusively on the advice by
such Granting Lender as to whether such consent is being granted or withheld.

 

(i)            Notwithstanding
the foregoing, there shall be no assignments or participations to the Borrower or any of its Subsidiaries or Affiliates, except
pursuant to and in accordance with the following: any Lender may assign all or a portion of its Term Loans to the Borrower or
any of its Subsidiaries if (A) such assignment is made pursuant to a bid made in the open market to all Lenders through the
Administrative Agent, (B) such assignment is not financed with the proceeds of any Revolving Credit Loans, (C) after
giving effect to such purchase, the amount of unrestricted cash and Cash Equivalents of the Borrower and its Subsidiaries at such
time is greater than the outstanding amount of all Revolving Credit Loans and L/C Obligations then outstanding and (D) any
Term Loans so purchased shall be immediately cancelled. Upon any purchase of Term Loans pursuant to this clause (i), the remaining
scheduled repayments of the Term Loans shall be reduced on a pro rata basis by the principal amount of the Term Loans so purchased
and cancelled.

 

(j)            None
of the Lenders, the Arrangers or the Agents shall have any responsibility or liability for monitoring the list or identities of,
or enforcing provisions relating to, Excluded Lenders. Upon request by any Lender, the Administrative Agent shall be permitted
to disclose to such Lender the identity of the Excluded Lenders. Each Lender hereby acknowledges and agrees that the information
disclosed to it by the Administrative Agent pursuant to the immediately preceding sentence shall be subject in all respects to
the provisions set forth in Section 9.14.

 

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9.7            Adjustments;
Set-off. (a) Subject to the express provisions of this Agreement which require, or permit, differing payments
to be made to Non-Defaulting Lenders as opposed to Defaulting Lenders, and other than with respect to any substituted Lender in
accordance with Section 2.22 or as required or permitted under Section 2.20, 9.6(i) or 9.21, if any Lender (a “Benefited
Lender”) shall at any time receive any payment of all or part of the Obligations owing to it, or receive any collateral
in respect thereof (whether voluntarily or involuntarily, by set-off, pursuant to events or proceedings of the nature referred
to in Section 7(f), or otherwise), in a greater proportion than any such payment to or collateral received by any other Lender,
if any, in respect of the Obligations owed to such other Lender, such Benefited Lender shall purchase for cash from the other
Lenders a participating interest in such portion of the Obligations owed to each such other Lender, or shall provide such other
Lenders with the benefits of any such collateral, as shall be necessary to cause such Benefited Lender to share the excess payment
or benefits of such collateral ratably with each of the Lenders; provided, however, that (i) if all or any
portion of such excess payment or benefits is thereafter recovered from such Benefited Lender, such purchase shall be rescinded,
and the purchase price and benefits returned, to the extent of such recovery, but without interest, and (ii) the provisions
of this Section 9.7 shall not be construed to apply to any payment made by the Borrower pursuant to and in accordance with
the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation
in any of its Loans or Commitments to any assignee or participant, other than to the Borrower or any of its Subsidiaries or Affiliates
(as to which the provisions of this Section 9.7 shall apply), made pursuant to and in accordance with the express provisions
of this Agreement. The Borrower expressly consents to the foregoing arrangements and agrees that any Lender holding a participation
in a Loan or Reimbursement Obligation deemed to have been so purchased may exercise any and all rights of banker’s lien,
setoff or counterclaim with respect to any and all moneys owing by the Borrower to such Lender by reason thereof as fully as if
such Lender had made a Loan directly to the Borrower in the amount of such participation.

 

(b)            In
addition to any rights and remedies of the Lenders provided by law, each Lender shall have the right, without prior notice to
the Borrower, any such notice being expressly waived by the Borrower to the extent permitted by applicable law, while an Event
of Default shall be continuing, upon any amount becoming due and payable by the Borrower hereunder (whether at the stated maturity,
by acceleration or otherwise), to set off and appropriate and apply against such amount any and all deposits (general or special,
time or demand, provisional or final), in any currency, and any other credits, indebtedness or claims, in any currency, in each
case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by such Lender or any
branch or agency thereof to or for the credit or the account of the Borrower. Each Lender agrees promptly to notify the Borrower
and the Administrative Agent after any such setoff and application made by such Lender, provided that the failure to give
such notice shall not affect the validity of such setoff and application; provided, further, that in the event that
any Defaulting Lender shall exercise any such right of setoff, (i) all amounts so set-off shall be paid over immediately
to the Administrative Agent for further application in accordance with the provisions of Section 2.31 and, pending such payment,
shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative
Agent and the Lenders, and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing
in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of set-off.

 

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9.8            Counterparts.
This Agreement may be executed by one or more of the parties to this Agreement on any number of separate counterparts, and all
of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature
page of this Agreement or of a Lender Addendum by facsimile transmission or in electronic (e.g., “pdf” or “tif”)
format shall be effective as delivery of a manually executed counterpart hereof. The words “execution,” “signed,”
 “signature,” and words of like import in any Assignment and Assumption shall be deemed to include electronic signatures
or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a
manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided
for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York
State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act.

 

9.9            Severability.
Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition
or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

 

9.10            Integration.
This Agreement, the other Loan Documents and any separate letter agreements with respect to fees payable to the Agents, represent
the entire agreement of the Borrower, the Agents, the Arrangers, the Issuing Lender and the Lenders with respect to the subject
matter hereof and thereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject
matter hereof and thereof. Nothing in this Agreement or in the other Loan Documents, expressed or implied, is intended to confer
upon any Person (other than the parties hereto and thereto, their respective successors and assigns permitted hereunder (including
any Affiliate of the Issuing Lender that issues any Letter of Credit) and, to the extent expressly contemplated hereby or thereby,
the Related Parties of each of the Administrative Agent, the Collateral Agent, the Issuing Lender and the Lenders) any rights,
remedies, obligations or liabilities under or by reason of this Agreement or the other Loan Documents.

 

9.11            GOVERNING
LAW. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT,
AND ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR
RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT (EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET FORTH THEREIN)
OR THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY (OTHER THAN LETTERS OF CREDIT AND AS EXPRESSLY SET FORTH IN SUCH OTHER LOAN
DOCUMENTS), SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. EACH LETTER
OF CREDIT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED IN ACCORDANCE WITH, THE LAWS OR RULES DESIGNATED IN SUCH LETTER OF CREDIT,
OR IF NO SUCH LAWS OR RULES ARE DESIGNATED, THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS MOST RECENTLY PUBLISHED
AND IN EFFECT, ON THE DATE SUCH LETTER OF CREDIT WAS ISSUED, BY THE INTERNATIONAL CHAMBER OF COMMERCE (THE “UNIFORM CUSTOMS”)
AND, AS TO MATTERS NOT GOVERNED BY THE UNIFORM CUSTOMS, THE LAWS OF THE STATE OF NEW YORK.

 

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9.12            Submission
To Jurisdiction; Waivers. The Borrower hereby irrevocably and unconditionally:

 

(a)            submits
for itself and its Property in any legal action or proceeding relating to this Agreement and the other Loan Documents to which
it is a party, or for recognition and enforcement of any judgment in respect thereof, to the exclusive jurisdiction of the courts
of the State of New York, the courts of the United States of America for the Southern District of New York, and appellate
courts from any thereof;

 

(b)            consents
that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to
the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient
court and agrees not to plead or claim the same;

 

(c)            agrees
that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or certified
mail (or any substantially similar form of mail), postage prepaid, to the Borrower at its address set forth in Section 9.2
or at such other address of which the Administrative Agent shall have been notified pursuant thereto;

 

(d)            agrees
that nothing herein shall affect the right to effect service of process in any other manner permitted by law or shall limit the
right to sue in any other jurisdiction; and

 

(e)            agrees
that it shall not assert, and hereby waives, to the maximum extent not prohibited by law, any right it may have to claim or recover
in any legal action or proceeding referred to in this Section or in Section 9.5 any special, exemplary, indirect, punitive
or consequential damages.

 

9.13            No
Fiduciary Duty. The Administrative Agent, the Collateral Agent, each Co-Syndication Agent, each Co-Documentation Agent,
each Arranger, each Lender and their respective Affiliates (collectively, solely for purposes of this Section 9.13, the “Lender
Parties”), may have economic interests that conflict with those of the Loan Parties, their respective stockholders and/or
their respective Affiliates. Each Loan Party agrees that nothing in this Agreement, any of the other Loan Documents or any of
the transactions contemplated hereby or thereby (or the process leading thereto) will be deemed to create an advisory, fiduciary
or agency relationship or fiduciary or other implied duty between any Lender Party, on the one hand, and such Loan Party, its
stockholders or its Affiliates, on the other. The Loan Parties acknowledge and agree that (a) the transactions contemplated
by the Loan Documents (including, without limitation, the exercise of rights and remedies hereunder and thereunder) are arm’s-length
commercial transactions between the Lender Parties, on the one hand, and the Loan Parties, on the other, and (b) in connection
therewith and with the process leading thereto, (i) no Lender Party has assumed an advisory or fiduciary responsibility in
favor of any Loan Party, its stockholders or its Affiliates with respect to the transactions contemplated hereby (or the exercise
of rights or remedies with respect thereto) or the process leading thereto (irrespective of whether any Lender Party has advised,
is currently advising or will advise any Loan Party, its stockholders or its Affiliates on other matters) or any other obligation
to any Loan Party except the obligations expressly set forth in the Loan Documents and (ii) each Lender Party is acting solely
as principal and not as the agent or fiduciary of any Loan Party, its management, stockholders, creditors or any other Person.
Each Loan Party acknowledges and agrees that (A) it has consulted its own legal and financial advisors to the extent it deemed
appropriate and that it is responsible for making its own independent judgment with respect to the negotiation, execution and
delivery of this Agreement and the other Loan Documents, the transactions contemplated by the Loan Documents and the process leading
thereto, and (B) no joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions
contemplated hereby among the Arrangers, the Agents, the Issuing Lender and the Lenders or among the Borrower and any of the foregoing.
Each Loan Party agrees that it will not claim that any Lender Party has rendered advisory services of any nature or respect, or
owes a fiduciary or similar duty to such Loan Party, in connection with such transaction or the process leading thereto.

 

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9.14            Confidentiality.
Each of the Agents, the Issuing Lender and each of the Lenders agrees to keep confidential all information provided to it by any
Loan Party pursuant to this Agreement that is designated by such Loan Party as confidential; provided that nothing herein
shall prevent any Agent, the Issuing Lender or any Lender from disclosing any such information (a) to any Arranger, any Agent,
any other Lender or any Affiliate or Approved Fund of any thereof that agrees to comply with the provisions of this Section 9.14
or with provisions substantially similar to those included in this Section 9.14, (b) to any Participant, or Assignee,
or pledgee of interests hereunder (each, a “Transferee”) or prospective Transferee that agrees to comply with
the provisions of this Section 9.14 or with provisions substantially similar to those included in this Section 9.14,
(c) to any of its employees, directors, trustees, agents, attorneys, accountants and other professional advisors, including
any numbering, administration and settlement service providers, who are, or are expected to be, engaged in evaluating, approving,
structuring or administering this Agreement or otherwise on a “need-to-know basis” if reasonably incidental to the
administration of this Agreement (it being understood that the Persons to whom such disclosure is made will be informed of the
confidential nature of such information and instructed to keep such information confidential, and each Agent, each Issuing Lender
and each Lender shall be responsible for any breach hereof by such Agent’s, such Issuing Lender’s or such Lender’s,
as applicable, employees, directors, trustees, agents, attorneys, accountants and other professional advisors), (d) to any
financial institution that is a direct or indirect contractual counterparty in swap agreements or such contractual counterparty’s
professional advisor (so long as such contractual counterparty or professional advisor to such contractual counterparty agrees
to be bound by the provisions of this Section 9.14 or with provisions substantially similar to those included in this Section 9.14),
(e) upon the request or demand of any Governmental Authority (including, without limitation, bank regulatory authorities)
having jurisdiction over it, (f) pursuant to any order of any court or other Governmental Authority (including, without limitation,
bank regulatory authorities) or as may otherwise be required pursuant to any Requirement of Law, (g) in connection with any
litigation or similar proceeding, (h) that has been publicly disclosed other than in breach of this Section, (i) to
the National Association of Insurance Commissioners or any similar organization or any nationally recognized rating agency that
requires access to information about a Lender’s investment portfolio in connection with ratings issued with respect to such
Lender, (j) in connection with the exercise of any remedy hereunder or under any other Loan Document or (k) with the
prior written consent of the Borrower; provided that, in the case of disclosure pursuant to clauses (f) and (g) above
(other than in connection with any routine audit or examination conducted by bank accountants or any governmental bank regulatory
authority exercising examination or regulatory authority), to the extent not prohibited by law, such Person agrees to provide
prompt written notice thereof to the Borrower.

 

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9.15            Release
of Collateral Security and Guarantee Obligations. Each Secured Party hereby further authorizes the Collateral Agent,
on behalf of and for the benefit of Secured Parties, to be the agent for and representative of the Secured Parties with respect
to the guarantee contained in, and the Liens granted (or purported to be granted) upon the Collateral pursuant to, the Guarantee
and Collateral Agreement and the other Security Documents, and with respect to the exercise by the Collateral Agent (or its sub-agents
or designees) of any rights and remedies with respect to the Collateral as provided in the Loan Documents; provided that
no Agent shall owe any fiduciary duty, duty of loyalty, duty of care, duty of disclosure or any other obligation whatsoever to
any holder of Borrower Foreign Letter of Credit Obligations or Borrower Hedge Agreement Obligations (as such terms are defined
in the Guarantee and Collateral Agreement). Subject to Section 9.1, without further written consent or authorization from
any Secured Party, the Administrative Agent or the Collateral Agent, as applicable, may execute any documents or instruments necessary
to (i) in connection with a sale or disposition of assets permitted by this Agreement, release any Lien encumbering any item
of Collateral that is the subject of such sale or other disposition of assets or to which the Required Lenders (or such other
Lenders as may be required to give such consent under Section 9.1) have otherwise consented or (ii) release any Subsidiary
Guarantor from its guarantee pursuant to the Guarantee and Collateral Agreement (including in connection with a transaction permitted
by this Agreement) or with respect to which the Required Lenders (or such other Lenders as may be required to give such consent
under Section 9.1) have otherwise consented.

 

(a)            Notwithstanding
anything contained to the contrary contained in any of the Loan Documents, the Borrower, the Administrative Agent, the Collateral
Agent and each Secured Party hereby agree that (i) no Secured Party shall have any right individually to realize upon any
of the Collateral or to enforce the guarantee contained in, or the Lien upon the Collateral granted (or purported to be granted)
pursuant to, the Guarantee and Collateral Agreement, it being understood and agreed that all powers, rights and remedies hereunder
may be exercised solely by the Administrative Agent, on behalf of the Lenders in accordance with the terms hereof, and all powers,
rights and remedies under the Security Documents may be exercised solely by the Collateral Agent, and (ii) in the event of
a foreclosure by the Collateral Agent on any of the Collateral pursuant to a public or private sale or other disposition, the
Collateral Agent or any Lender may be the purchaser or licensor of any or all of such Collateral at any such sale or other disposition
and the Collateral Agent, as agent for and representative of Secured Parties (but not any Lender or Lenders in its or their respective
individual capacities unless the Required Lenders shall otherwise agree in writing) shall be entitled, for the purpose of bidding
and making settlement or payment of the purchase price for all or any portion of the Collateral sold at any such public sale,
to use and apply any of the Obligations as a credit on account of the purchase price for any collateral payable by the Collateral
Agent at such sale or other disposition.

 

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(b)            No
Permitted Foreign Currency Letter of Credit,
no Specified Cash Management Agreement and no Specified Hedge Agreement will
create (or be deemed to create) in favor of any Foreign Currency L/C Issuing Lender that is the issuer thereof,
Cash Management Bank that is a party thereto or Qualified Counterparty that
is a party thereto, as applicable, any rights in connection with the management or release of any Collateral or of the obligations
of any Subsidiary Guarantor under the Loan Documents except as expressly provided in Section 9.1 and Section 8.15 of
the Guarantee and Collateral Agreement. By accepting the benefits of the Collateral, each Foreign Currency L/C Issuing Lender,
each Cash Management Bank and each Qualified Counterparty shall be deemed to
have appointed the Collateral Agent as its agent and agreed to be bound by the Loan Documents as a Secured Party, subject to the
limitations set forth in this Section 9.15.

 

(c)            Notwithstanding
anything to the contrary contained herein or any other Loan Document, when all Obligations have been paid in full (other than
contingent obligations in respect of which no assertion of liability (whether oral or written) and no claim or demand for payment
(whether oral or written) has been made (and, in the case of Obligations for indemnification, no notice for indemnification has
been issued by the indemnitee) at such time), all Commitments have terminated or expired and no Letter of Credit shall be outstanding
(other than Letters of Credit that have been cash collateralized or backstopped in a manner reasonably acceptable to the relevant
Issuing Lender and the Administrative Agent), the security interest in all Collateral and the guarantee obligations provided for
in any Loan Document shall automatically terminate and be released and, upon the request of the Borrower, the Collateral Agent
shall (without notice to, or vote or consent of, any Secured Party) take such actions as shall be required to release its security
interest in all Collateral, and to release all guarantee obligations provided for in any Loan Document.

 

9.16            Accounting
Changes. In the event that any “Accounting Change” (as defined below) shall occur and such change results
in a change in the method of calculation of financial covenants, standards or terms in this Agreement, then the Borrower and the
Administrative Agent agree to enter into negotiations in order to amend such provisions of this Agreement so as to equitably reflect
such Accounting Change with the desired result that the criteria for evaluating the Borrower’s financial condition shall
be the same after such Accounting Change as if such Accounting Change had not been made. Until such time as such an amendment
shall have been executed and delivered by the Borrower, the Administrative Agent and the Required Lenders, all financial covenants,
standards and terms in this Agreement shall continue to be calculated or construed as if such Accounting Change had not occurred.
 “Accounting Change” refers to any change in GAAP or in any other accounting principles required by the promulgation
of any rule, regulation, pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified
Public Accountants or, if applicable, the SEC.

 

9.17            [Reserved.]

 

9.18            WAIVERS
OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY
OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY).
EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES
THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS
AND CERTIFICATIONS IN THIS SECTION 9.18.

 

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9.19            Lender
Action. Each Lender and each Issuing Lender agrees that it shall not take or institute any actions or proceedings,
judicial or otherwise, for any right or remedy against any Loan Party or any other obligor under any of the Loan Documents (including
the exercise of any right of setoff, rights on account of any banker’s lien or similar claim or other rights of self-help),
or institute any actions or proceedings, or otherwise commence any remedial procedures, with respect to any Collateral or any
other property of any such Loan Party, unless expressly provided for herein or in any other Loan Document, without the prior written
consent of the Administrative Agent. The provisions of this Section 9.19 are for the sole benefit of the Lenders and the
Issuing Lenders and shall not afford any right to, or constitute a defense available to, any Loan Party.

 

9.20            USA
PATRIOT Act Notice. Each Lender subject to the USA PATRIOT Act, the Issuing Lender, the Administrative Agent and the
Collateral Agent (for itself and not on behalf of any Lender) hereby notifies the Borrower and each other Loan Party that pursuant
to the requirements of the USA PATRIOT Act, it is required to obtain, verify and record information that identifies the Borrower
and each other Loan Party, which information includes the name and address of the Borrower and other information that will allow
such Lender, the Issuing Lender, the Administrative Agent or the Collateral Agent, as applicable, to identify the Borrower and
each other Loan Party in accordance with the USA PATRIOT Act.

 

9.21            Loan
Modification Offers. (a)The Borrower may at any time and from time to time request that all or a portion of the Tranche
B-4 Term Loans or Other Term Loans (an “Existing Tranche”) be converted to extend the scheduled maturity date(s) of
any payment or payments of principal (including at final maturity) with respect to such Tranche B-4 Term Loans or Other Term Loans
(any such Tranche B-4 Term Loans or Other Term Loans which have been so converted, “Extended Term Loans”) and
to provide for other terms consistent with this Section 9.21; provided that no more than two scheduled maturity dates
in respect of any Loans may occur during any fiscal year of the Borrower. In order to establish Extended Term Loans, the Borrower
shall provide written notice to the Administrative Agent (who shall provide a copy of such written notice to each of the Lenders
under the applicable Existing Tranche) (each, a “Loan Modification Offer”) setting forth the terms and conditions
of the Extended Term Loans to be established (which shall be identical in all material respects to the Tranche B-4 Term Loans
or Other Term Loans, as the case may be, under the Existing Tranche from which such Extended Term Loans are to be converted except
that (i) all or any of the scheduled amortization payments of principal and payment at maturity of the Extended Term Loans
may be delayed to later dates than the scheduled amortization payments of principal and payment at maturity of the Tranche B-4
Term Loans or Other Term Loans, as the case may be, of such Existing Tranche, in each case to the extent provided in such Loan
Modification Offer, (ii) the Applicable Margin, the Eurodollar Rate “floor” set forth in the definition of Eurodollar
Rate and/or fees payable with respect to the Extended Term Loans may be different from the same provisions for the Tranche B-4
Term Loans of such Existing Tranche, in each case, to the extent provided in the Loan Modification Offer, (iii) any Extended
Term Loans may participate on a pro rata basis or a less than pro rata basis (but not greater than a pro rata basis) in any voluntary
or mandatory prepayments hereunder, in each case as specified in the respective Loan Modification Offer, and (iv) the Loan
Modification Offer may provide for other covenants and terms (A) that apply solely to any period after the latest final maturity
of the Term Loans and Term Loan Commitments in effect on the effective date of the Loan Modification Offer immediately prior to
the establishment of such Extended Term Loans, or after approval thereof by the Required Lenders or (B) that are less favorable
to the holders of the Extended Term Loans than the covenants and terms applicable to the Existing Tranche). The Borrower shall
provide the applicable Loan Modification Offer at least five Business Days prior to the date on which Lenders are requested to
respond. Each Lender under the applicable Existing Tranche shall be afforded a pro rata opportunity to participate in any Loan
Modification Offer (subject to notice and conditions to be agreed by the Borrower and the Administrative Agent in their reasonable
discretion). No Lender shall have any obligation to agree to have any of its Term Loans of any Existing Tranche converted into
Extended Term Loans pursuant to any Loan Modification Offer. Any Lender wishing to have all or a portion of its Term Loans of
the applicable Existing Tranche subject to such Loan Modification Offer converted into Extended Term Loans (each such Lender,
an “Extending Term Lender”) shall notify the Administrative Agent in writing (an “Extension Election”)
on or prior to the date specified in such Loan Modification Offer of the amount of its Term Loans of the applicable Existing Tranche
which it has elected to request be converted into Extended Term Loans (subject to any minimum denomination requirements set forth
in such Loan Modification Offer). In the event that the aggregate amount of Term Loans of the applicable Existing Tranche subject
to Extension Elections exceeds the amount of Extended Term Loans requested pursuant to the Extension Request, Term Loans of the
applicable Existing Tranche subject to Extension Elections shall be converted to Extended Term Loans on a pro rata basis based
on the amount of Term Loans of the applicable Existing Tranche included in each such Extension Election.

 

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(b)            The
Borrower and any one or more Revolving Credit Lenders may from time to time agree that such Revolving Credit Lenders will establish
Revolving Credit Commitments through the conversion of a previously established Revolving Credit Commitment of any such Revolving
Credit Lender to an Extended Revolving Credit Commitment of such Lender (any Revolving Credit Commitments being established in
accordance with this Section 9.21(b) an “Extended Revolving Credit Commitment”, which for the avoidance
of doubt, shall also be a Revolving Credit Commitment) by executing and delivering to the Administrative Agent a notice (a “Revolving
Extension Notice”; each Revolving Extension Notice and each Loan Modification Offer being an “Extension”)
specifying (i) the amount of Extended Revolving Credit Commitments established thereby, (ii) the Revolving Credit Termination
Date for such Extended Revolving Credit Commitments; provided that the Revolving Credit Termination Date for any Extended
Revolving Credit Commitments shall in no event be earlier than the Revolving Credit Termination Date for the Revolving Credit
Commitments established on the Closing Date and there shall not be more than three Revolving Credit Termination Dates in effect
at any time, (iii) the Applicable Margin for Revolving Credit Loans and fees in respect of participations in Letters of Credit
pursuant to such Extended Revolving Credit Commitments and the commitment fee payable with respect to such Extended Revolving
Credit Commitments; provided that (A) in no event shall there be more than three Applicable Margins in effect in the
aggregate for all Revolving Credit Commitments at any time and (B) either (x) the Applicable Margins for Revolving Credit
Loans, fees in respect of participations in Letters of Credit and the commitment fee for all Revolving Credit Commitments that
have the same Revolving Credit Termination Date shall be the same (although different upfront fees may be paid by Borrower) or
(y) the maximum number of Revolving Credit Termination Dates permitted to be in effect at any time shall be reduced by the
number of such different Applicable Margins and fees in excess of one applicable to Revolving Credit Commitments with the same
Revolving Termination Date, and (iv) whether clause (ii) above shall be amended to provide that future Extended Revolving
Credit Commitments may not have a Revolving Credit Termination Date prior to the Revolving Credit Termination Date for such Extended
Revolving Credit Commitments. Except as set forth above, the terms of the Extended Revolving Credit Commitments shall be identical
in all material respects to the Revolving Credit Commitments established on the Closing Date. No Lender shall have any obligation
to participate in any increase described in this paragraph unless it agrees to do so in its sole discretion, provided that
all Revolving Credit Lenders shall be afforded a pro rata opportunity to participate in any Extensions (subject to notice and
conditions to be agreed by Borrower and the Administrative Agent in their reasonable discretion). On each date on which Extended
Revolving Credit Commitments are established, each Revolving Credit Lender shall purchase at par from and/or sell at par to each
of the other Revolving Credit Lenders such portions of the outstanding Revolving Credit Loans, if any, as may be specified by
the Administrative Agent so that, immediately following such purchases, all Eurodollar Loans and all Base Rate Loans that are
Revolving Credit Loans shall be held by the Revolving Credit Lenders on a pro rata basis in accordance with their respective Revolving
Credit Percentages.

 

(c)            No
consent of any Lender or the Administrative Agent shall be required to effectuate any Extension, other than (i) the consent
of each Term Lender agreeing to a Loan Modification Offer as evidenced by its delivery of an Extension Election, (ii) the
consent of each Revolving Credit Lender agreeing to an Extended Revolving Credit Commitment as evidenced by its execution of a
Revolving Extension Notice and (iii) with respect to the establishment of any Extended Revolving Credit Commitment, the consent
of the Issuing Lender and the Administrative Agent. All Extended Term Loans, Extended Revolving Credit Commitments and all obligations
in respect thereof shall be Obligations under this Agreement and the other Loan Documents that are secured by the Collateral on
a pari passu basis with all other applicable Obligations under this Agreement and the other Loan Documents. The Lenders hereby
irrevocably authorize the Administrative Agent to enter into amendments to this Agreement and the other Loan Documents with the
Borrower as may be necessary in order to establish new tranches or sub-tranches in respect of Revolving Credit Commitments or
Term Loans so extended and such technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative
Agent and the Borrower in connection with the establishment of such new tranches or sub-tranches, in each case on terms consistent
with this Section 9.21 (and the Administrative Agent is hereby directed to enter into any such amendments). Without limiting
the foregoing, in connection with the establishment of any Extended Term Loans or Extended Revolving Credit Commitments, the respective
Loan Parties shall (at their sole expense) amend (and the Administrative Agent is hereby authorized and directed to amend) any
applicable Security Document that has a maturity date prior to the then latest maturity date of any Extended Term Loans or Extended
Revolving Credit Commitments so that such shorter maturity date is extended to the then latest maturity date (or such later date
as may be advised by counsel to the Administrative Agent).

 

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9.22            Usury
Savings Clause. Notwithstanding any other provision herein, the aggregate interest rate charged with respect to any
of the Obligations, including all charges or fees in connection therewith deemed in the nature of interest under applicable law
shall not exceed the Highest Lawful Rate. If the rate of interest (determined without regard to the preceding sentence) under
this Agreement at any time exceeds the Highest Lawful Rate, the outstanding amount of the Loans made hereunder shall bear interest
at the Highest Lawful Rate until the total amount of interest due hereunder equals the amount of interest which would have been
due hereunder if the stated rates of interest set forth in this Agreement had at all times been in effect. In addition, if when
the Loans made hereunder are repaid in full the total interest due hereunder (taking into account the increase provided for above)
is less than the total amount of interest which would have been due hereunder if the stated rates of interest set forth in this
Agreement had at all times been in effect, then to the extent permitted by law, the Borrower shall pay to the Administrative Agent
an amount equal to the difference between the amount of interest paid and the amount of interest which would have been paid if
the Highest Lawful Rate had at all times been in effect. Notwithstanding the foregoing, it is the intention of the Lenders and
the Borrower to conform strictly to any applicable usury laws. Accordingly, if any Lender contracts for, charges, or receives
any consideration which constitutes interest in excess of the Highest Lawful Rate, then any such excess shall be cancelled automatically
and, if previously paid, shall at such Lender’s option be applied to the outstanding amount of the Loans made hereunder
or be refunded to the Borrower.

 

9.23            Effect
of Restatement. This Agreement shall, except as otherwise expressly set forth herein, supersede the Existing Credit
Agreement from and after the Restatement Date and from and after the Restatement Funding Date with respect to the Loans and Letters
of Credit outstanding under the Existing Credit Agreement as of the Restatement Date and as of the Restatement Funding Date. The
parties hereto acknowledge and agree, however, that (a) this Agreement and all other Loan Documents executed and delivered
herewith do not constitute a novation, payment and reborrowing or termination of the Obligations (under and as defined in the
Existing Credit Agreement) and the other Loan Documents as in effect prior to the Restatement Date except as expressly provided
for in the Amendment Agreement and as contemplated by Section 3.16 hereof and (b) such Obligations are in all
respects continuing (except as expressly provided for in the Amendment Agreement and as contemplated by Section 3.16
hereof) with only the terms being modified as provided in this Agreement and the other Loan Documents. The parties hereto further
acknowledge and agree that (i) the liens and security interests in favor of the Collateral Agent for the benefit of the Secured
Parties securing payment of the Obligations (under and as defined in the Existing Credit Agreement) are in all respects continuing
and in full force and effect with respect to all Obligations and (ii) all references in the other Loan Documents to the Existing
Credit Agreement shall be deemed to refer without further amendment to this Agreement. In addition, unless specifically amended
hereby, each of the Loan Documents and Exhibits and Schedules to the Existing Credit Agreement shall continue in full force and
effect and, if applicable, in the forms attached to the Existing Credit Agreement, and with the effect that from and after the
Restatement Date all references therein shall be references to this Agreement.

 

9.24            Acknowledgement
and Consent to Bail-In of EEAAffected
Financial Institutions. Notwithstanding anything to the contrary
in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges
that any liability of any EEAAffected
Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject
to the write-down and conversion powers of an EEAthe
applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

 

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(a)            the
application of any Write-Down and Conversion Powers by an EEAthe
applicable Resolution Authority to any such liabilities arising hereunder which
may be payable to it by any party hereto that is an EEAAffected
Financial Institution; and

 

(b)            the
effects of any Bail-in Action on any such liability, including, if applicable:

 

(i)            a
reduction in full or in part or cancellation of any such liability;

 

(ii)           a
conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEAAffected
Financial Institution, its parent undertaking, or a bridge institution that
may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it
in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or

 

(iii)          the
variation of the terms of such liability in connection with the exercise of the write-down and conversion powers of any
EEAthe
applicable Resolution Authority.

 

9.25            Acknowledgement
Regarding Any Supported QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise,
for Hedge Agreements or any other agreement or instrument that is a QFC (such support, “QFC Credit Support”
and, each such QFC, a “Supported QFC”), the parties acknowledge and agree as follows with respect to the resolution
power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall
Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution
Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding
that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or
of the United States or any other state of the United States), in the event a Covered Entity that is party to a Supported QFC
(each, a “Covered Party”) becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer
of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC
and such QFC Credit Support, and any rights in property securing such Supported QFC or such QFC Credit Support) from such Covered
Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the
Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property) were governed by the laws
of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes
subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply
to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised
to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC
and the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the
foregoing, it is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no
event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support.

 

[Signature Pages Follow]

 

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SCHEDULE I

 

Fourth Amendment Revolving Credit Commitments

 

	 	 	Lender	 	Fourth Amendment Revolving 
 Credit Commitment	 
	1.	 	Barclays Bank PLC 	 	$	70,000,000	 
	2.	 	Bank of America, NA 	 	$	70,000,000	 
	3.	 	Deutsche Bank AG New York Branch 	 	$	70,000,000	 
	4.	 	Royal Bank of Canada 	 	$	70,000,000	 
	5.	 	BMO Harris Bank N.A. 	 	$	56,500,000	 
	6.	 	Citibank, N.A 	 	$	56,500,000	 
	7.	 	Credit Suisse AG, Cayman Islands Branch 	 	$	56,500,000	 
	8.	 	JPMorgan Chase Bank USA 	 	$	56,500,000	 
	9.	 	Goldman Sachs Bank USA 	 	$	56,500,000	 
	10.	 	Citizens Bank, N.A. 	 	$	50,000,000	 
	11.	 	Coöperative Rabobank U.A., New York Branch 	 	$	50,000,000	 
	12.		TD Bank, N.A. 	 	$	50,000,000	 
	13.	 	Capital One, N.A. 	 	$	29,500,000	 
	14.	 	Sumitomo Mitsui Banking Corporation 	 	$	29,500,000	 
	15.	 	CoBank, ACB 	 	$	28,500,000	 
	 	 	Total	 	$	800,000,000	 

 

    

     

    

 

Fourth Amendment Incremental Term Loan
Commitments

 

	Lender	 	Fourth Amendment 

Incremental Term 

Loan Commitment	 	 	Percentage	 
	Barclays Bank PLC 	 	$	300,000,000	 	 	 	100.0	%
	Total	 	$	300,000,000	 	 	 	100.0	%Exhibit
10.1

 

[_______],
2020

 

7GC
& Co. Holdings Inc.

388
Market Street, Suite 1300

San
Francisco, CA 94111

 

	Re:	Initial
    Public Offering

 

Ladies
and Gentlemen:

 

This
letter (this “Letter Agreement”) is being delivered to you in accordance with the
Underwriting Agreement (the “Underwriting Agreement”) entered into by and between 7GC & Co.
Holdings Inc., a Delaware corporation (the “Company”), and Cantor Fitzgerald & Co., as representative
(the “Representative”) of the several underwriters (each, an “Underwriter”
and collectively, the “Underwriters”), relating to an underwritten initial public offering (the “Public Offering”),
of 20,125,000 of the Company’s units (including up to 2,625,000 units that may be purchased to cover over-allotments, if
any) (the “Units”), each comprised of one share of the Company’s Class A common stock, par value
$0.0001 per share (the “Common Stock”), and one-half of one redeemable warrant. Each
whole warrant (each, a “Warrant”) entitles the holder thereof to purchase one share of Common Stock
at a price of $11.50 per share, subject to adjustment. The Units will be sold in the Public Offering pursuant to a registration
statement on Form S-1 (File No. 333-251162) and prospectus (the “Prospectus”) filed by the Company with
the U.S. Securities and Exchange Commission (the “Commission”) and the Company has applied to have the
Units listed on The Nasdaq Capital Market. Certain capitalized terms used herein are defined in paragraph 12 hereof.

 

In
order to induce the Company and the Underwriters to enter into the Underwriting Agreement and to proceed with the Public Offering
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each of 7GC &
Co. Holdings LLC (the “Sponsor”) and the undersigned individuals, each of whom is a member of the Company’s
board of directors and/or management team of the Company (each, an “Insider” and collectively, the “Insiders”),
hereby agrees with the Company as follows:

 

1.
The Sponsor and each Insider agrees that if the Company seeks stockholder approval of a proposed Business Combination, then in
connection with such proposed Business Combination, it, he or she shall (i) vote any shares of Capital Stock owned by it, him
or her in favor of any proposed Business Combination and (ii) not redeem any shares of Common Stock owned by it, him or her in
connection with such stockholder approval. If the Company engages in a tender offer in connection with any proposed Business Combination,
the Sponsor and each Insider agrees that it, he or she will not seek to sell its, his or her shares of Capital Stock to the Company
in connection with such tender offer.

 

2.
The Sponsor and each Insider hereby agrees that in the event that the Company fails to consummate a Business Combination within
24 months from the closing of the Public Offering, or such later period approved by the Company’s stockholders in accordance
with the Company’s amended and restated certificate of incorporation (the “Charter”), the Sponsor
and each Insider shall take all reasonable steps to cause the Company to (i) cease all operations except for the purpose of winding
up, (ii) as promptly as reasonably possible but not more than 10 business days thereafter, subject to lawfully available funds
therefor, redeem 100% of the Common Stock sold as part of the Units in the Public Offering (the “Offering Shares”),
at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account (as defined below),
including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its taxes (less
up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Offering Shares, which redemption
will completely extinguish all Public Stockholders’ rights as stockholders (including the right to receive further liquidation
distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject
to the approval of the Company’s remaining stockholders and the Company’s board of directors, dissolve and liquidate,
subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and other requirements
of applicable law. The Sponsor and each Insider agrees not to propose any amendment to the Charter to modify (i) the substance
or timing of the ability of holders of Offering Shares to seek redemption in connection with a Business Combination, (ii) certain
amendments to the Charter prior to the completion of a Business Combination or (iii) (A) the Company obligation to redeem 100%
of the Offering Shares if the Company does not complete a Business Combination within such time set forth in the Charter or (B)
any other provisions relating to stockholders' rights or pre-initial Business Combination activity, unless the Company provides
its public stockholders with the opportunity to redeem their shares of Common Stock upon approval of any such amendment at a per-share
price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds
held in the Trust Account and not previously released to the Company to pay its taxes, divided by the number of then outstanding
Offering Shares. 

 

     

     

    

 

The
Sponsor and each Insider acknowledges that it, he or she has no right, title, interest or claim of any kind in or to any monies
held in the Trust Account or any other asset of the Company as a result of any liquidation of the Company with respect to the
Founder Shares held by it, him or her. The Sponsor and each Insider hereby further waives, with respect to any shares of Common
Stock held by it, him or her, if any, whether acquired now or hereafter, any redemption rights it, he or she may have in connection
with the consummation of a Business Combination, including, without limitation, any such rights available in the context of a
stockholder vote to approve such Business Combination or a stockholder vote to approve an amendment to the Charter to modify (i)
the substance or timing of the ability of holders of Offering Shares to seek redemption in connection with a Business Combination
or (ii) (A) the Company’s obligation to redeem 100% of the Offering Shares if the Company does not complete a Business Combination
within such time set forth in the Charter or (B) any other provisions relating to stockholders' rights or pre-initial Business
Combination activity, unless the Company provides its public stockholders with the opportunity to redeem their shares of Common
Stock upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit
in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company
to pay its taxes, divided by the number of then outstanding Offering Shares, or (iii) in the context of a tender offer made by
the Company to purchase shares of Common Stock (although the Sponsor, the Insiders and their respective affiliates shall be entitled
to redemption and liquidation rights with respect to any Offering Shares it or they hold if the Company fails to consummate a
Business Combination within the time period set forth in the Charter).

 

3.
During the period commencing on the date of the Underwriting Agreement and ending 180 days after such date, the Sponsor and each
Insider shall not, without the prior written consent of the Representative, (i) sell, offer to sell, contract or agree to sell,
hypothecate, pledge, grant any option to purchase or otherwise dispose of or agree to dispose of, directly or indirectly, or establish
or increase a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules and regulations
of the Commission promulgated thereunder, with respect to any Units, shares of Capital Stock, Warrants or any securities convertible
into, or exercisable, or exchangeable for, shares of Capital Stock owned by it, him or her, (ii) enter into any swap or other
arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any Units, shares
of Capital Stock, Warrants or any securities convertible into, or exercisable, or exchangeable for, shares of Capital Stock owned
by it, him or her, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (iii)
publicly announce any intention to effect any transaction specified in clause (i) or (ii). Each of the Insiders and the Sponsor
acknowledges and agrees that, prior to the effective date of any release or waiver, of the restrictions set forth in this paragraph
3 or paragraph 7 below, the Company shall announce the impending release or waiver by press release through a major news service
at least two business days before the effective date of the release or waiver. Any release or waiver granted shall only be effective
two business days after the publication date of such press release. The provisions of this paragraph will not apply if the release
or waiver is effected solely to permit a transfer not for consideration and the transferee has agreed in writing to be bound by
the same terms described in this Letter Agreement to the extent and for the duration that such terms remain in effect at the time
of the transfer.

 

4.
In the event of the liquidation of the Trust Account upon the failure of the Company to consummate its initial Business Combination
within the time period set forth in the Charter, the Sponsor (the “Indemnitor”) agrees to indemnify
and hold harmless the Company against any and all loss, liability, claim, damage and expense whatsoever (including, but not limited
to, any and all legal or other expenses reasonably incurred in investigating, preparing or defending against any litigation, whether
pending or threatened) to which the Company may become subject as a result of any claim by (i) any third party for services rendered
or products sold to the Company or (ii) any prospective target business with which the Company has entered into a written letter
of intent, confidentiality or other similar agreement or Business Combination agreement (a “Target”); provided, however,
that such indemnification of the Company by the Indemnitor shall (x) apply only to the extent necessary to ensure that such claims
by a third party or a Target do not reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 per Offering
Share and (ii) the actual amount per Offering Share held in the Trust Account as of the date of the liquidation of the Trust Account,
if less than $10.00 per Offering Share is then held in the Trust Account due to reductions in the value of the trust assets, less
interest earned on the Trust Account which may be withdrawn to pay taxes, (y) not apply to any claims by a third party or a Target
which executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable)
and (z) not apply to any claims under the Company’s indemnity of the Underwriters against certain liabilities, including
liabilities under the Securities Act of 1933, as amended. The Indemnitor shall have the right to defend against any such claim
with counsel of its choice reasonably satisfactory to the Company if, within 15 days following written receipt of notice of the
claim to the Indemnitor, the Indemnitor notifies the Company in writing that it shall undertake such defense. 

 

    2

     

    

 

5.
To the extent that the Underwriters do not exercise their over-allotment option to purchase up to an additional 2,625,000 Units
in full within 45 days from the date of the Prospectus (and as further described in the Prospectus), the Sponsor agrees to forfeit,
at no cost, a number of Founder Shares in the aggregate equal to 656,250 multiplied by a fraction, (i) the numerator of which
is 2,625,000 minus the number of Units purchased by the Underwriters upon the exercise of their over-allotment option, and (ii)
the denominator of which is 2,625,000. The Sponsor will be required to forfeit only that number of Founder Shares as is necessary
so that the Initial Stockholders will own an aggregate of 20.0% of the Company’s issued and outstanding shares of Capital
Stock after the Public Offering.

 

6.
(a) The Sponsor and each Insider hereby agrees and acknowledges that: (i) the Underwriters and the Company would be irreparably
injured in the event of a breach by such Sponsor or an Insider of its, his or her obligations under paragraphs 1, 2, 3, 4, 5,
7(a), 7(b), 9 and 10, as applicable, of this Letter Agreement (ii) monetary damages may not be an adequate remedy for such breach
and (iii) the non-breaching party shall be entitled to injunctive relief, in addition to any other remedy that such party may
have in law or in equity, in the event of such breach.

 

7.
(a) The Sponsor and each Insider agrees that it, he or she shall not Transfer any Founder Shares (or shares of Common Stock issuable
upon conversion thereof) until the earlier of (A) one year after the completion of the Company’s initial Business Combination
or (B) subsequent to the Business Combination, (x) if the last sale price of the Common Stock equals or exceeds $12.00 per share
(as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within
any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date
on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that
results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities
or other property (the “Founder Shares Lock-up Period”).

 

(b)
The Sponsor and each Insider agrees that it, he or she shall not Transfer any Private Placement Warrants (or shares of Common
Stock issued or issuable upon the exercise of the Private Placement Warrants), until 30 days after the completion of a Business
Combination (the “Private Placement Warrants Lock-up Period”,
together with the Founder Shares Lock-up Period, the “Lock-up Periods”).

 

(c)
Notwithstanding the provisions set forth in paragraphs 7(a) and (b), Transfers of the Founder Shares, Private Placement Warrants
and shares of Common Stock issued or issuable upon the exercise or conversion of the Private Placement Warrants or the Founder
Shares and that are held by the Sponsor, any Insider or any of their permitted transferees (that have complied with this paragraph
7(c)), are permitted (a) to the Company’s officers or directors, any affiliate or family member of any of the Company’s
officers or directors or any affiliate of the Sponsor or to any member(s) of the Sponsor or any of their affiliates; (b) in the
case of an individual, by gift to a member of such individual’s immediate family or to a trust, the beneficiary of which
is a member of such individual’s immediate family, an affiliate of such individual or to a charitable organization; (c)
in the case of an individual, by virtue of laws of descent and distribution upon death of such individual; (d) in the case of
an individual, pursuant to a qualified domestic relations order; (e) by private sales or transfers made in connection with the
consummation of an initial Business Combination at prices no greater than the price at which the shares or warrants were originally
purchased; (f) in the event of the Company’s liquidation prior to the completion of an initial Business Combination; or
(g) by virtue of the laws of the State of Delaware or the Sponsor’s limited liability company agreement upon dissolution
of the Sponsor; provided, however, that in each case these permitted transferees must enter into a written
agreement with the Company agreeing to be bound by the transfer restrictions herein.

 

    3

     

    

 

8.
The Sponsor and each Insider represents and warrants that it, he or she has never been suspended or expelled from membership in
any securities or commodities exchange or association or had a securities or commodities license or registration denied, suspended
or revoked. Each Insider’s biographical information furnished to the Company (including any such information included in
the Prospectus) is true and accurate in all respects and does not omit any material information with respect to the Insider’s
background. Each Insider’s questionnaire furnished to the Company is true and accurate in all respects. Each Insider represents
and warrants that: it, he or she is not subject to or a respondent in any legal action for, any injunction, cease-and-desist order
or order or stipulation to desist or refrain from any act or practice relating to the offering of securities in any jurisdiction;
it, he or she has never been convicted of, or pleaded guilty to, any crime (i) involving fraud, (ii) relating to any financial
transaction or handling of funds of another person, or (iii) pertaining to any dealings in any securities and it, he or she is
not currently a defendant in any such criminal proceeding.

 

9.
Except as disclosed in the Prospectus, neither the Sponsor nor any officer, director, advisor or any affiliate of the Sponsor,
officer, director or advisor of the Company, shall receive from the Company any finder’s fee, reimbursement, consulting
fee, monies in respect of any repayment of a loan or other compensation prior to, or in connection with any services rendered
in order to effectuate, the consummation of the Company’s initial Business Combination (regardless of the type of transaction
that it is).

 

10.
Each Insider agrees that, until the consummation of the Business Combination and for one year thereafter, he or she will keep
confidential all confidential, proprietary and non-public information of the Company (whether written, oral or electronic communications),
including without limitation, the names of the targets identified by the Company for a potential Business Combination and any
and all information provided by the Company to the Insider regarding such targets.

 

11.
The Sponsor and each Insider has full right and power, without violating any agreement to which it is bound (including, without
limitation, any non-competition or non-solicitation agreement with any employer or former employer), to enter into this Letter
Agreement and, as applicable, to serve as an officer and/or director on the board of directors of the Company and hereby consents
to being named in the Prospectus as an officer and/or director of the Company.

 

12.
As used herein, (i) “Business Combination” shall mean a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or similar business combination, involving the Company and one or more businesses;
(ii) “Capital Stock” shall mean, collectively, the Common Stock and the Founder Shares; (iii) “Founder Shares”
shall mean (a) the 5,031,250 shares of the Company’s Class B common stock, par value $0.0001 per share, initially issued
to the Sponsor (up to 656,250 Shares of which are subject to complete or partial forfeiture by the Sponsor if the over-allotment
option is not exercised by the Underwriters) for an aggregate purchase price of $25,000, or $0.005 per share, prior to the consummation
of the Public Offering; (iv) “Initial Stockholders” shall mean the Sponsor and any
Insider that holds Founder Shares; (v) “Private Placement Warrants”
shall mean the Warrants to purchase up to 6,250,000 (or up to 6,775,000 warrants if the over-allotment option is exercised in
full) shares of Common Stock of the Company that the Sponsor has agreed to purchase for an aggregate purchase price of $6,250,000
(or up to $6,775,000 warrants if the over-allotment option is exercised in full) in the aggregate, or $1.00 per Warrant, in a
private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Stockholders”
shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account”
shall mean the trust fund into which a portion of the net proceeds of the Public Offering shall be deposited; and (viii) “Transfer”
shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase
or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position
or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act,
and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap
or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security,
whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement
of any intention to effect any transaction specified in clause (a) or (b).

 

    4

     

    

 

13.
The Company will maintain an insurance policy or policies providing directors’ and officers’ liability insurance,
and each Director shall be covered by such policy or policies, in accordance with its or their terms, to the maximum extent of
the coverage available for any of the Company’s directors or officers.

 

14.
This Letter Agreement constitutes the entire agreement and understanding of the parties hereto in respect of the subject matter
hereof and supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral,
to the extent they relate in any way to the subject matter hereof or the transactions contemplated hereby. This Letter Agreement
may not be changed, amended, modified or waived (other than to correct a typographical error) as to any particular provision,
except by a written instrument executed by all parties hereto.

 

15.
No party hereto may assign either this Letter Agreement or any of its rights, interests, or obligations hereunder without the
prior written consent of the other parties. Any purported assignment in violation of this paragraph shall be void and ineffectual
and shall not operate to transfer or assign any interest or title to the purported assignee. This Letter Agreement shall be binding
on the Sponsor and each Insider and their respective successors, heirs and assigns and permitted transferees.

 

16.
Nothing in this Letter Agreement shall be construed to confer upon, or give to, any person or corporation other than the parties
hereto any right, remedy or claim under or by reason of this Letter Agreement or of any covenant, condition, stipulation, promise
or agreement hereof. All covenants, conditions, stipulations, promises and agreements contained in this Letter Agreement shall
be for the sole and exclusive benefit of the parties hereto and their successors, heirs, personal representatives and assigns
and permitted transferees.

 

17.
This Letter Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts shall
for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

 

18.
This Letter Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof shall
not affect the validity or enforceability of this Letter Agreement or of any other term or provision hereof. Furthermore, in lieu
of any such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this
Letter Agreement a provision as similar in terms to such invalid or unenforceable provision as may be possible and be valid and
enforceable.

 

19.
This Letter Agreement shall be governed by and construed and enforced in accordance with the laws of the State of New York, without
giving effect to conflicts of law principles that would result in the application of the substantive laws of another jurisdiction.
The parties hereto (i) all agree that any action, proceeding, claim or dispute arising out of, or relating in any way to, this
Letter Agreement shall be brought and enforced in the courts of New York City, in the State of New York, and irrevocably submit
to such jurisdiction and venue, which jurisdiction and venue shall be exclusive and (ii) waive any objection to such exclusive
jurisdiction and venue or that such courts represent an inconvenient forum.

 

20.
Any notice, consent or request to be given in connection with any of the terms or provisions of this Letter Agreement shall be
in writing and shall be sent by express mail or similar private courier service, by certified mail (return receipt requested),
by hand delivery or facsimile transmission.

 

 21.
This Letter Agreement shall terminate on the earlier of (i) the expiration of the Lock-up Periods or (ii) the liquidation of the
Company; provided, however, that this Letter Agreement shall earlier terminate in the event that the Public Offering is not consummated
and closed by March 31, 2021; provided further that paragraphs 4 and 11 of this Letter Agreement shall survive such liquidation.

 

22.
The Company, the Sponsor and each Insider hereby acknowledges and agrees that the Representative on behalf of the Underwriters
is a third party beneficiary of this Letter Agreement.

 

[Signature
Page Follows]

 

    5

     

    

 

Sincerely,

 

	 	7GC
    & CO. HOLDINGS LLC
	 	 	 
	 	By:  	
	 	 	Name:
    	Jack
    Leeney
	 	 	Title: 	Managing
    Member
	 	 	 	 
	 	By:	
		 	Name:	Jack
    Leeney
	 	 	 	 
	 	By:	 
	 	 	Name:
    	Christopher
    Walsh
	 	 	 	 
	 	By:	
	 	 	Name:
    	Thomas
    D. Hennessy
	 	 	 	 
	 	By:	 
	 	 	Name:	M.
    Joseph Beck
	 	 	 	 
	 	By:	 
	 	 	Name:
    	Courtney
    Robinson
	 	 	 
	 	By:	 
	 	 	Name:
    	Tripp
    Jones
	 	 	 
	 	By:	 
	 	 	Name:
    	Kent
    Schofield
	 	 	 
	 	By:	
	 	 	Name:  
    	Patrick
    Eggen

 

	Acknowledged
    and Agreed:	 
	 	 
	7GC
    & CO. HOLDINGS INC.	 
	 	 	 	 
	By:  	 	 
	 	Name:  	Jack
    Leeney	 
	 	Title:	Chief
    Executive Officer	 

 

[Signature
Page to Letter Agreement]

 

6

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