Document:

EX-10.14

 Exhibit 10.14 
  

 
 INTERCREDITOR AGREEMENT (NOTES)

 among 
 FORESIGHT ENERGY LLC,

 FORESIGHT ENERGY FINANCE CORPORATION, 

each of the Guarantors party hereto from time to time, 

CITIBANK, N.A., 
 as
Administrative Agent, 
 CITIBANK, N.A., 

as First Lien Collateral Agent for the 

First Lien Secured Parties, 

WILMINGTON SAVINGS FUND SOCIETY, FSB, 

as Second Lien Collateral Agent for the 

Second Lien Secured Parties 

WILMINGTON TRUST, NATIONAL ASSOCIATION, 

as the Second Lien Exchangeable PIK Notes Trustee 

WILMINGTON SAVINGS FUND SOCIETY, FSB, 

as the Second Lien Secured Notes Trustee, 

each Hedge Bank, Cash Management Bank and each Secured Commodity 

Swap Counterparty from time to time party hereto, 

the Third Lien Collateral Agent for the Third Lien Secured Parties to the extent a party hereto 

and 
 each additional
Representative from time to time party hereto 
 dated as of August 30, 2016 

 
  

 Table of Contents 

 

							
	 	  	 	  	Page	 
	
	ARTICLE I	  
	
	Definitions	  
			
	 SECTION 1.01.
	  	Certain Defined Terms	  	 	1	  
	 SECTION 1.02.
	  	Terms Generally	  	 	20	  
	
	ARTICLE II	  
	
	Priorities and Agreements with Respect to Collateral	  
			
	 SECTION 2.01.
	  	Lien Subordination	  	 	21	  
	 SECTION 2.02.
	  	Nature of Claims	  	 	22	  
	 SECTION 2.03.
	  	Prohibition on Contesting Liens	  	 	23	  
	 SECTION 2.04.
	  	No Other Liens, Rights or Remedies	  	 	24	  
	 SECTION 2.05.
	  	Perfection of Liens	  	 	25	  
	 SECTION 2.06.
	  	Certain Cash Collateral	  	 	26	  
	 SECTION 2.07.
	  	No Payment Subordination	  	 	26	  
	
	ARTICLE III	  
	
	Enforcement	  
			
	 SECTION 3.01.
	  	Exercise of Remedies	  	 	26	  
	 SECTION 3.02.
	  	Cooperation	  	 	29	  
	 SECTION 3.03.
	  	Permitted Actions	  	 	30	  
	 SECTION 3.04.
	  	Voting	  	 	31	  
	
	ARTICLE IV	  
	
	Payments	  
			
	 SECTION 4.01.
	  	Application of Proceeds	  	 	32	  
	 SECTION 4.02.
	  	Payment Over	  	 	33	  
	
	ARTICLE V	  
	
	Other Agreements	  
			
	 SECTION 5.01.
	  	Releases	  	 	35	  
	 SECTION 5.02.
	  	Insurance and Condemnation Awards	  	 	39	  
	 SECTION 5.03.
	  	Amendments to Debt Documents	  	 	40	  
	 SECTION 5.04.
	  	Rights as Unsecured Creditors	  	 	43	  
	 SECTION 5.05.
	  	Gratuitous Bailee for Perfection	  	 	44	  

  
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	 SECTION 5.06.
	  	When Discharge of Obligations Deemed To Not Have Occurred	  	 	46	  
	 SECTION 5.07.
	  	Purchase Right	  	 	46	  
	 SECTION 5.08.
	  	No Interference	  	 	47	  
	
	ARTICLE VI	  
	
	Insolvency or Liquidation Proceedings.	  
			
	 SECTION 6.01.
	  	Financing Issues	  	 	49	  
	 SECTION 6.02.
	  	Relief from the Automatic Stay	  	 	52	  
	 SECTION 6.03.
	  	Adequate Protection	  	 	52	  
	 SECTION 6.04.
	  	Reinstatement	  	 	55	  
	 SECTION 6.05.
	  	Separate Grants of Security and Separate Classifications/Voting	  	 	57	  
	 SECTION 6.06.
	  	No Waivers of Rights of First Lien Secured Parties	  	 	58	  
	 SECTION 6.07.
	  	Application	  	 	58	  
	 SECTION 6.08.
	  	Dispositions	  	 	59	  
	 SECTION 6.09.
	  	506(c) Claims	  	 	59	  
	 SECTION 6.10.
	  	Reorganization Securities	  	 	60	  
	 SECTION 6.11.
	  	Section 1111(b) of the Bankruptcy Code	  	 	60	  
	 SECTION 6.12.
	  	Post-Petition Interest	  	 	60	  
	
	ARTICLE VII	  
	
	Reliance; Etc.	  
			
	 SECTION 7.01.
	  	Reliance	  	 	61	  
	 SECTION 7.02.
	  	No Warranties or Liability	  	 	62	  
	 SECTION 7.03.
	  	Obligations Unconditional	  	 	62	  
	 SECTION 7.04.
	  	No Waiver of Lien Priorities	  	 	63	  
	
	ARTICLE VIII	  
	
	Miscellaneous	  
			
	 SECTION 8.01.
	  	Conflicts	  	 	66	  
	 SECTION 8.02.
	  	Continuing Nature of this Agreement; Severability	  	 	66	  
	 SECTION 8.03.
	  	Amendments; Waivers	  	 	67	  
	 SECTION 8.04.
	  	Information Concerning Financial Condition of Foresight and the Subsidiaries	  	 	68	  
	 SECTION 8.05.
	  	Subrogation	  	 	69	  
	 SECTION 8.06.
	  	Application of Payments	  	 	69	  
	 SECTION 8.07.
	  	Additional Guarantors	  	 	69	  
	 SECTION 8.08.
	  	Dealings with Guarantors	  	 	70	  
	 SECTION 8.09.
	  	Interpretation	  	 	70	  
	 SECTION 8.10.
	  	Refinancings, Etc.	  	 	70	  
	 SECTION 8.11.
	  	Additional First Lien Debt	  	 	72	  
	 SECTION 8.12.
	  	Additional Second Lien Debt	  	 	72	  

  
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	 SECTION 8.13.
	  	Notices; Effectiveness; Electronic Communications	  	 	73	  
	 SECTION 8.14.
	  	Transfers	  	 	73	  
	 SECTION 8.15.
	  	Further Assurances	  	 	74	  
	 SECTION 8.16.
	  	GOVERNING LAW; JURISDICTION; ETC.	  	 	74	  
	 SECTION 8.17.
	  	Waiver of Jury Trial	  	 	75	  
	 SECTION 8.18.
	  	Binding on Successors and Assigns	  	 	75	  
	 SECTION 8.19.
	  	Section Titles	  	 	75	  
	 SECTION 8.20.
	  	Counterparts	  	 	75	  
	 SECTION 8.21.
	  	Authorization; Specific Performance	  	 	75	  
	 SECTION 8.22.
	  	No Third Party Beneficiaries; Successors and Assigns	  	 	76	  
	 SECTION 8.23.
	  	Effectiveness	  	 	76	  
	 SECTION 8.24.
	  	Collateral Agent and Representative	  	 	76	  
	 SECTION 8.25.
	  	Survival of Agreement	  	 	76	  
	 SECTION 8.26.
	  	Certain Notices	  	 	77	  
	 SECTION 8.27.
	  	Indirect Action	  	 	77	  
	 SECTION 8.28.
	  	Trustee Action	  	 	77	  

  

					
	ANNEX	  		 	
			
	Annex I	  	–	 	Form of Guarantor Supplement
			
	Annex II	  	–	 	Form of Priority Confirmation Joinder

  
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 INTERCREDITOR AGREEMENT (NOTES), dated as of August 30, 2016 (as amended, supplemented or
otherwise modified from time to time, this “Agreement”), among FORESIGHT ENERGY LLC, a Delaware limited liability company (“Foresight”), FORESIGHT ENERGY FINANCE CORPORATION, a Delaware corporation
(“Foresight Finance”), each of the Guarantors (as defined below) party hereto from time to time, CITIBANK, N.A., as administrative agent under the First Lien Credit Agreement (as defined below) (in such capacity and together with
its successors in such capacity, the “Administrative Agent”), CITIBANK, N.A., as collateral agent for the First Lien Secured Parties (as defined below) (in such capacity and together with its successors in such capacity, the
“First Lien Collateral Agent”), WILMINGTON SAVINGS FUND SOCIETY, FSB, as collateral agent for the Second Lien Secured Parties (as defined below) (in such capacity and together with its successors in such capacity, the
“Second Lien Collateral Agent”), WILMINGTON TRUST, NATIONAL ASSOCIATION, as trustee under the Second Lien Exchangeable PIK Notes Indenture (as defined below) (in such capacity and together with its successors in such capacity, the
“Second Lien Exchangeable PIK Notes Trustee”), WILMINGTON SAVINGS FUND SOCIETY, FSB, as trustee under the Second Lien Secured Notes Indenture (as defined below) (in such capacity and together with its successors in such capacity,
the “Second Lien Secured Notes Trustee”), each Hedge Bank (as defined below) party hereto from time to time, each Secured Commodity Swap Counterparty (as defined below) party hereto from time to time, each Cash Management Bank (as
defined below) party hereto from time to time, the Third Lien Collateral Agent (as defined below) party hereto from time to time, as collateral agent for the Third Lien Secured Parties and each additional Representative that from time to time
becomes a party hereto pursuant to Section 8.10 and Section 8.11. 
 In consideration of the mutual agreements herein
contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the First Lien Collateral Agent, the Second Lien Collateral Agent, the Administrative Agent (for itself and on behalf of the First
Lien Credit Agreement Secured Parties), the Second Lien Exchangeable PIK Notes Trustee (for itself and on behalf of each holder of the Second Lien Exchangeable PIK Notes), the Second Lien Secured Notes Trustee (for itself and on behalf of each
holder of the Second Lien Secured Notes), each Hedge Bank party hereto from time to time, each Secured Commodity Swap Counterparty party hereto from time to time, each Cash Management Bank party hereto from time to time, each other First Lien
Representative party hereto from time to time (for itself and on behalf of the First Lien Secured Parties under the applicable First Lien Debt Facility), each other Second Lien Representative party hereto from time to time (for itself and on behalf
of the Second Lien Secured Parties under the applicable Second Lien Debt Facility), the Third Lien Collateral Agent to the extent party hereto from time to time and each other Third Lien Representative party hereto from time to time (for itself and
on behalf of each Third Lien Secured Parties under the applicable Third Lien Debt Facility), intending to be legally bound, hereby agree as follows: 

ARTICLE I 
 Definitions 

SECTION 1.01. Certain Defined Terms. Capitalized terms used but not otherwise defined herein have the meanings set forth in
the First Lien Credit Agreement as in effect on the 

 
date hereof and without giving effect to any amendment, restatement, amendment and restatement, extension, supplement or other modification thereto after the date hereof. As used in this
Agreement, the following terms have the meanings specified below: 
 “Additional First Lien Debt” means Indebtedness that
is incurred, issued or guaranteed by Foresight and/or any other Credit Party (other than Indebtedness constituting First Lien Credit Agreement Obligations or Replacement First Lien Debt) which Indebtedness is secured by the First Lien Collateral (or
a portion thereof) on a pari passu basis with the First Lien Credit Agreement Obligations and any Replacement First Lien Debt and is designated by Foresight as Additional First Lien Debt pursuant to an Officer’s Certificate
of Foresight delivered to each of the Representatives in accordance with the terms of Section 8.11; provided that (a) such Indebtedness is permitted to be incurred, secured and guaranteed on such basis by each First Lien Debt Document, Second
Lien Debt Document and Third Lien Debt Document then in effect and (b) unless already a party to this Agreement with respect to that series of Additional First Lien Debt, the Additional First Lien Representative on behalf of itself and the holders
of such Indebtedness shall have executed and delivered a Joinder Agreement and satisfied the requirements of Section 8.11. 

“Additional First Lien Debt Document” means, with respect to any series, issue or class of Additional First Lien Debt, the
loan agreements, promissory notes, indentures, First Lien Collateral Documents and/or other operative agreements evidencing or governing such Indebtedness. 

“Additional First Lien Debt Facility” means any debt facility, indenture or other instrument with respect to which the
requirements contained in Section 8.11 of this Agreement have been satisfied and that constitutes Additional First Lien Debt. 

“Additional First Lien Representative” means, with respect to any Additional First Lien Debt Facility, the trustee,
administrative agent or other similar agent under such Additional First Lien Debt Facility that is named as the representative in respect of such Additional First Lien Debt Facility in the applicable Joinder Agreement. 

“Additional First Lien Secured Parties” means, with respect to any series, issue or class of Additional First Lien Debt, the
holders of such Indebtedness, the Additional First Lien Representative with respect thereto and the beneficiaries of each indemnification obligation undertaken by Foresight or any other Credit Party under any related Additional First Lien Debt
Documents. 
 “Additional Second Lien Debt” means Indebtedness that is incurred, issued or guaranteed by Foresight and/or
any other Credit Party (other than Indebtedness constituting Second Lien Indenture Obligations or Replacement Second Lien Debt) which Indebtedness is secured by the Second Lien Collateral (or a portion thereof) on a pari passu basis with the
Second Lien Indenture Obligations and any Replacement Second Lien Debt and is designated by Foresight as Additional Second Lien Debt pursuant to an Officer’s Certificate of Foresight delivered to each of the Representatives in accordance with
the terms of Section 8.12; provided that (a) such Indebtedness is permitted to be incurred, secured and guaranteed on such basis by each First Lien Debt Document, Second Lien Debt Document and Third Lien Debt Document then in effect and

  
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(b) unless already a party to this Agreement with respect to that series of Additional Second Lien Debt, the Additional Second Lien Representative on behalf of itself and the holders of such
Indebtedness shall have executed and delivered a Joinder Agreement and satisfied the requirements of Section 8.12. 

“Additional Second Lien Debt Document” means, with respect to any series, issue or class of Additional Second Lien Debt, the
loan agreements, promissory notes, indentures, Second Lien Collateral Documents and/or other operative agreements evidencing or governing such Indebtedness. 

“Additional Second Lien Debt Facility” means any debt facility with respect to which the requirements contained in
Section 8.12 of this Agreement have been satisfied and that constitutes Additional Second Lien Debt. 
 “Additional
Second Lien Representative” means, with respect to any Additional Second Lien Debt Facility, the trustee, administrative agent or other similar agent under such Additional Second Lien Debt Facility that is named as the representative in
respect of such Additional Second Lien Debt Facility in the applicable Joinder Agreement. 
 “Additional Second Lien Secured
Parties” means, with respect to any series, issue or class of Additional Second Lien Debt, the holders of such Indebtedness, the Additional Second Lien Representative with respect thereto and the beneficiaries of each indemnification
obligation undertaken by Foresight or any Credit Party under any related Additional Second Lien Debt Documents. 
 “Administrative
Agent” has the meaning specified in the preamble. 
 “Agreement” has the meaning assigned to such term in the
introductory paragraph of this Agreement. 
 “Bankruptcy Case” means a case under the Bankruptcy Code or any other
Bankruptcy Law. 
 “Bankruptcy Code” means Title 11 of the United States Code, as amended or any similar federal or state
law for the relief of debtors. 
 “Bankruptcy Law” means the Bankruptcy Code, the Federal Rules of Bankruptcy Procedure and
any federal, state or foreign, bankruptcy, insolvency, receivership or similar law for the relief of debtors. 
 “Cash
Collateralized” means, with respect to any Letter of Credit, the deposit by Foresight of cash in a cash collateral account opened by the First Lien Collateral Agent in an amount equal to 105% of the outstanding face amount of such Letter of
Credit on terms and conditions reasonably satisfactory to the First Lien Collateral Agent and the applicable L/C Issuer in respect of such Letter of Credit. “Cash Collateral” shall have a meaning correlative to the foregoing
and shall include the proceeds of such cash collateral and other credit support. 
 “Closing Date” means August 30, 2016.

  
 3 

 “Collateral” means all assets of the Credit Parties, whether real, personal or
mixed, constituting First Lien Collateral, Second Lien Collateral and Third Lien Collateral. Notwithstanding the foregoing, “Collateral” shall not include Permitted Reorganization Securities distributed in respect of the Second Lien
Obligations, subject to the satisfaction of Section 6.10. 
 “Collateral Agents” means the First Lien Collateral Agent, the
Second Lien Collateral Agent and the Third Lien Collateral Agent, as the context may require. 
 “Collateral Documents”
means the First Lien Collateral Documents, the Second Lien Collateral Documents and/or the Third Lien Collateral Documents, as the context may require. 

“Commission” means the United States Securities and Exchange Commission and any successor agency thereto. 

“Controlling Collateral Agent” means (a) prior to the Discharge of First Lien Obligations, the First Lien Collateral Agent,
(b) from and after the Discharge of First Lien Obligations but prior to the Discharge of Second Lien Obligations, the Second Lien Collateral Agent and (c) from and after the Discharge of Second Lien Obligations, the Third Lien Collateral Agent
(if any). 
 “Credit Party” means Foresight, Foresight Finance, MLP, in its capacity as guarantor under any of the Secured
Debt Documents, each Subsidiary Guarantor and any other Parent party to any of the Secured Debt Documents as a guarantor from time to time. 

“Debt Facility” means any First Lien Debt Facility, any Second Lien Debt Facility and/or any Third Lien Debt Facility, as the
context may require. 
 “DIP Financing” has the meaning assigned to such term in Section 6.01. 

“Discharge of First Lien Obligations” means the occurrence of the Discharge of First Lien Priority Obligations and the
Discharge of Excess First Lien Obligations. 
 “Discharge of Second Lien Obligations” means the occurrence of the Discharge
of Second Lien Priority Obligations and the Discharge of Excess Second Lien Obligations. 
 “Discharge of Excess First Lien
Obligations” means, with respect to Excess First Lien Obligations, the date on which the following conditions are satisfied: 

(a) all Excess First Lien Obligations have been repaid in full in cash (in immediately available funds), including, without
limitation, (i) any interest owed in respect of such amounts (including any interest accruing at the then applicable rate provided for in the applicable First Lien Debt Document in respect of amounts outstanding thereunder after the maturity of such
amounts and any Post-Petition Interest), (ii) any other fees, make-whole premium, costs or charges accruing on or after an Insolvency or Liquidation Proceeding, whether or not such fees, make-whole premium, any other premium, costs or charges would
be allowed or allowable in such proceeding, (iii) any indemnification obligations, in respect of known contingencies and (iv) any reimbursement obligations owed in respect of any Letters of Credit; 

  
 4 

 (b) all commitments to extend credit (including in respect of the issuance of any
Letter of Credit) to the Credit Parties that would constitute a Excess First Lien Obligation shall have been terminated or expired in full; 

(c) all Permitted Secured Commodity Swap Contracts, Secured Hedge Agreements and Secured Cash Management Agreements shall have
been terminated or expired in full and all amounts due from any Credit Party or Affiliate in connection therewith have been paid in full in cash (in immediately available funds); 

(d) all Letters of Credit issued and outstanding under any of the First Lien Debt Documents shall have been cancelled,
terminated or Cash Collateralized; and 
 (e) there are no outstanding Excess First Lien Obligations of any of the Credit
Parties under any of the First Lien Debt Documents that are required to be secured by the Collateral in accordance with the terms of such First Lien Debt Documents; 

provided that the Discharge of Excess First Lien Obligations shall not be deemed to have occurred in connection with a Refinancing of any of the First
Lien Credit Agreement Obligations with a Replacement First Lien Debt Facility secured by the Collateral under one or more Replacement First Lien Debt Documents (but not, for the avoidance of doubt, under one or more Second Lien Debt Facilities or
Third Lien Debt Facilities). 
 “Discharge of Excess Second Lien Obligations” means, with respect to Excess Second Lien
Obligations, the date on which the following conditions are satisfied: 
 (a) all Excess Second Lien Obligations have been
repaid in full in cash (in immediately available funds), including, without limitation (i) any interest owed in respect of such amounts (including any interest accruing at the then applicable rate provided for in the applicable Second Lien Debt
Document in respect of amounts outstanding thereunder after the maturity of such amounts and any Post-Petition Interest), (ii) any other fees, make-whole premium, any other premium, costs or charges accruing on or after an Insolvency or
Liquidation Proceeding, whether or not such fees, premiums, costs or charges would be allowed or allowable in such proceeding, (iii) any indemnification obligations, in respect of known contingencies and (iv) and any reimbursement obligations owed
in respect of any Letters of Credit; 
 (b) all commitments to extend credit (including in respect of the issuance of any
Letter of Credit) to the Credit Parties that would constitute a Second Lien Obligation shall have terminated or expired in full; 

(c) all Letters of Credit issued and outstanding under any of the Second Lien Debt Documents shall have been cancelled,
terminated or Cash Collateralized; and 
 (d) there are no outstanding Excess Second Lien Obligations of any of the Credit
Parties under any of the Second Lien Debt Documents that are required to be secured by the Collateral in accordance with the terms of such Second Lien Debt Documents; 

  
 5 

 provided that the Discharge of Excess Second Lien Obligations shall not be deemed to have occurred in
connection with a Refinancing of any of the Second Lien Obligations with a Replacement Second Lien Debt Facility secured by the Collateral under one or more Replacement Second Lien Debt Documents (but not, for the avoidance of doubt, under one or
more Third Lien Debt Documents). 
 “Discharge of First Lien Priority Obligations” means the date on which the following
conditions are satisfied: 
 (a) all First Lien Priority Obligations have been repaid in full in cash (in immediately
available funds), including, without limitation, (i) any interest owed in respect of such amounts (including any interest accruing at the then applicable rate provided for in the applicable First Lien Debt Document in respect of amounts outstanding
thereunder after the maturity of such amounts and any Post-Petition Interest), (ii) any other fees, make-whole premium, costs or charges accruing on or after an Insolvency or Liquidation Proceeding, whether or not such fees, make-whole premium, any
other premium, costs or charges would be allowed or allowable in such proceeding, (iii) any indemnification obligations, in respect of known contingencies and (iv) any reimbursement obligations owed in respect of any Letters of Credit; 

(b) all commitments to extend credit (including in respect of the issuance of any Letter of Credit) to the Credit Parties that
would constitute a First Lien Obligation shall have been terminated or expired in full; 
 (c) all Permitted Secured
Commodity Swap Contracts, Secured Hedge Agreements and Secured Cash Management Agreements shall have been terminated or expired in full and all amounts due from any Credit Party or Affiliate in connection therewith have been paid in full in cash (in
immediately available funds); 
 (d) all Letters of Credit issued and outstanding under any of the First Lien Debt Documents
shall have been cancelled, terminated or Cash Collateralized; and 
 (e) there are no outstanding First Lien Priority
Obligations of any of the Credit Parties under any of the First Lien Debt Documents that are required to be secured by the Collateral in accordance with the terms of such First Lien Debt Documents; 

provided that the Discharge of First Lien Priority Obligations shall not be deemed to have occurred in connection with a Refinancing of any of the
First Lien Credit Agreement Obligations with a Replacement First Lien Debt Facility secured by the Collateral under one or more Replacement First Lien Debt Documents (but not, for the avoidance of doubt, under one or more Second Lien Debt Facilities
or Third Lien Debt Facilities). 
 “Discharge of Second Lien Priority Obligations” means the date on which the following
conditions are satisfied: 
 (a) all Second Lien Priority Obligations have been repaid in full in cash (in immediately
available funds), including, without limitation (i) any interest owed in respect of such amounts (including any interest accruing at the then applicable rate provided for in the applicable Second Lien Debt Document in respect of amounts outstanding
thereunder after the maturity of such amounts and any Post-Petition Interest), (ii) any other fees, make-whole premium, any other premium, costs or charges accruing on or after an Insolvency or Liquidation Proceeding, whether or not such fees,
premiums, costs or charges would be allowed or allowable in such proceeding, (iii) any indemnification obligations, in respect of known contingencies and (iv) and any reimbursement obligations owed in respect of any Letters of Credit; 

  
 6 

 (b) all commitments to extend credit (including in respect of the issuance of any
Letter of Credit) to the Credit Parties that would constitute a Second Lien Obligation shall have terminated or expired in full; 

(c) all Letters of Credit issued and outstanding under any of the Second Lien Debt Documents shall have been cancelled,
terminated or Cash Collateralized; and 
 (d) there are no outstanding Second Lien Priority Obligations of any of the Credit
Parties under any of the Second Lien Debt Documents that are required to be secured by the Collateral in accordance with the terms of such Second Lien Debt Documents; 

provided that the Discharge of Second Lien Priority Obligations shall not be deemed to have occurred in connection with a Refinancing of any of the
Second Lien Obligations with a Replacement Second Lien Debt Facility secured by the Collateral under one or more Replacement Second Lien Debt Documents (but not, for the avoidance of doubt, under one or more Third Lien Debt Documents). 

“Event of Default” means (a) prior to the Discharge of First Lien Obligations, an Event of Default (as defined in the First
Lien Credit Agreement) or any other event of default (or equivalent thereunder) under any other First Lien Debt Document and (b) from and after the Discharge of First Lien Obligations but prior to the Discharge of Second Lien Obligations, any event
of default under any Second Lien Debt Document. 
 “Excess First Lien Obligations” means First Lien Obligations other than
First Lien Priority Obligations. 
 “Excess Second Lien Obligations” means Second Lien Obligations other than Second Lien
Priority Obligations. 
 “Exchangeable Refinancing Debt Documents” means, with respect to Indebtedness incurred, issued or
guaranteed by any of the Credit Parties in order to Refinance Indebtedness outstanding under the Second Lien Exchangeable PIK Notes and the Second Lien Exchangeable PIK Note Indenture, loan agreements, promissory notes, indentures, Third Lien
Collateral Documents or the other operative agreements evidencing or governing such Indebtedness. 

  
 7 

 “Exchangeable Debt Refinancing Facility” means any debt facility, indenture or
other instrument with respect to which the requirements contained in Section 8.10 of this Agreement have been satisfied and that Refinances all or a portion of the Indebtedness outstanding under the Second Lien Exchangeable PIK Notes and Second Lien
Exchangeable PIK Note Indenture; provided that for the avoidance of doubt, such Exchangeable Debt Refinancing Facility shall only be permitted to be secured by a Third Priority Lien. 

“Financing Lease” means any lease of property, real or personal, the obligations of the lessee in respect of which are
required in accordance with GAAP to be capitalized on a balance sheet of the lessee. 
 “First Lien Cash Collateral
Accounts” means the “Cash Collateral Accounts” as such term is defined in the First Lien Credit Agreement and any other blocked, interest or non-interest bearing deposit accounts of any Credit Party under the dominion of the First
Lien Collateral Agent or other agent appointed pursuant to the First Lien Debt Documents for the sole purpose of cash collateralizing First Lien Obligations. 

“First Lien Collateral” means (a) any “Collateral” as defined in the First Lien Credit Agreement or any other First
Lien Debt Document and (b) any other existing and future assets and property, and all proceeds thereof of any Credit Party with respect to which a Lien is granted or purported to be granted or required to be granted pursuant to a First Lien
Collateral Document as security for any First Lien Obligations. 
 “First Lien Collateral Agent” has the meaning assigned
to such term in the introductory paragraph of this Agreement and shall include any successor collateral agent appointed by, or on behalf of, the First Lien Secured Parties to act as collateral agent for the benefit of the First Lien Secured Parties
under the terms of any of the First Lien Debt Documents from time to time; provided that such successor collateral agent has executed and delivered a Joinder Agreement in accordance with Section 8.10 of this Agreement pursuant to which
such successor collateral agent shall agree to be bound as the First Lien Collateral Agent for all purposes of this Agreement. 

“First Lien Collateral Documents” means the “Collateral Documents” as defined in the First Lien Credit Agreement,
each First Lien Mortgage in effect from time to time and any other collateral agreement, security agreement, deed of trust or other instrument or document executed and delivered by any Credit Party for purposes of providing collateral security for
any First Lien Obligation. 
 “First Lien Credit Agreement” means that certain Third Amended and Restated Credit Agreement,
dated as of August 30, 2016, among Foresight and the First Lien Credit Agreement Secured Parties, the Administrative Agent, the First Lien Collateral Agent and the other parties party thereto, as amended, restated, amended and restated, extended,
supplemented or otherwise modified from time to time to the extent not in violation of this Agreement. 
 “First Lien Credit
Agreement Loan Documents” means the First Lien Credit Agreement and the other “Loan Documents” as defined in the First Lien Credit Agreement. 

  
 8 

 “First Lien Credit Agreement Obligations” means all Obligations of the Credit
Parties under the First Lien Credit Agreement Loan Documents. 
 “First Lien Credit Agreement Secured Parties” means the
First Lien Collateral Agent, the Administrative Agent, each Person that is a Lender under the First Lien Credit Agreement from time to time, each L/C Issuer party to the First Lien Credit Agreement from time to time and the beneficiaries of each
indemnification obligation undertaken by Foresight or any Credit Party under any of the First Lien Credit Agreement Loan Documents. 

“First Lien Debt Documents” means the First Lien Credit Agreement Loan Documents, any Additional First Lien Debt Documents
and any Replacement First Lien Debt Documents, as the context may require. 
 “First Lien Debt Facilities” means the First
Lien Credit Agreement, any Additional First Lien Debt Facility and any Replacement First Lien Debt Facility, as the context may require. 

“First Lien Guarantors” means each of the Credit Parties that provides a Guarantee in respect of any of the Obligations of
any other Credit Party under the First Lien Debt Documents. Each of the First Lien Guarantors existing on the date hereof are listed on the signature pages hereto as a First Lien Guarantor. 

“First Lien Mortgages” means a collective reference to each mortgage, deed of trust and other document or instrument under
which any Lien on real property owned or leased by any Credit Party is granted to secure any of the First Lien Obligations or under which rights or remedies with respect to any such Liens are governed, as amended, restated, amended and restated,
extended, supplemented or otherwise modified from time to time to the extent not in violation of this Agreement. 
 “First Lien
Obligations” means all Obligations of the Credit Parties under the First Lien Debt Documents. 
 “First Lien Priority
Obligations” means First Lien Obligations not exceeding the Maximum First Lien Debt Amount. 
 “First Lien
Recovery” has the meaning assigned to such term in Section 6.04(a). 
 “First Lien Representative” means
(a) in the case of any First Lien Credit Agreement Obligations or the First Lien Secured Parties thereunder, the Administrative Agent, (b) in the case of any Additional First Lien Debt Facility or the Additional First Lien Secured Parties
thereunder, the Additional First Lien Representative for such Additional First Lien Debt Facility that is named as the representative in respect of such Additional First Lien Debt Facility in the applicable Joinder Agreement, (c) in the case of any
Replacement First Lien Debt Facility and the Replacement First Lien Secured Parties thereunder, the trustee, administrative agent, or other similar agent under such Replacement First Lien Debt Facility that is named as the representative in respect
of such Replacement First Lien Debt Facility in the applicable Joinder Agreement, (d) in the case of any Secured Hedge Agreement, the Hedge Bank party thereto, (e) in the case of any Permitted Secured Commodity Swap Contract, the Secured Commodity
Swap Counterparty party thereto and (f) in the case of any Secured Cash Management Agreement, the Cash Management Bank that is a party thereto. 

  
 9 

 “First Lien Secured Parties” means, collectively, the “Secured
Parties” as defined in the First Lien Security Agreement, the Additional First Lien Secured Parties and any Replacement First Lien Secured Parties, as the context may require. 

“First Lien Security Agreement” means that certain Pledge and Security Agreement, dated as of August 12, 2010, by Foresight
and each of the Subsidiary Guarantors party thereto from time to time in favor of the First Lien Collateral Agent, as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time to the extent not in
violation of this Agreement. 
 “First Priority Lien” means the Liens on the First Lien Collateral granted in favor, or for
the benefit, of the First Lien Secured Parties whether created under the First Lien Collateral Documents or acquired by possession, statute, operation of law, judgment, subrogation or otherwise. 

“Foresight” has the meaning specified in the preamble. 

“Foresight Finance” has the meaning specified in the preamble. 

“GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of
the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board. 

“Guarantor” means, collectively, the First Lien Guarantors, the Second Lien Guarantors and the Third Lien Guarantors (if
any), as the context may require. 
 “Insolvency or Liquidation Proceeding” means: 

(i) any case commenced by or against any Credit Party under any Bankruptcy Law, any other proceeding for the reorganization,
recapitalization or adjustment or marshalling of the assets or liabilities of any Credit Party, any receivership or assignment for the benefit of creditors relating to any Credit Party or any similar case or proceeding relative to any Credit Party
or its creditors, as such, in each case whether or not voluntary; 
 (ii) any liquidation, dissolution, marshalling of assets
or liabilities or other winding up of or relating to any Credit Party, in each case whether or not voluntary and whether or not involving bankruptcy or insolvency; or 

(iii) any other proceeding of any type or nature in which substantially all claims of creditors of any Credit Party are
determined and any payment or distribution is or may be made on account of such claims. 

  
 10 

 “Joinder Agreement” means a supplement to this Agreement in substantially the
form of Annex II hereof. 
 “L/C Issuer” means any Person that has a commitment to issue a Letter of Credit under
any of the First Lien Debt Documents or the Second Lien Debt Documents from time to time. 
 “Letter of Credit” means any
letter of credit issued pursuant to the terms of any First Lien Debt Facility or Second Lien Debt Facility from time to time. 

“Lien” means any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other),
charge, or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale or other title retention agreement, any easement, right of
way or other encumbrance on title to real property, and any Financing Lease having substantially the same economic effect as any of the foregoing). 

“Maximum First Lien Debt Amount” means, as of any time of determination, an amount equal to (i) all Obligations of the Credit
Parties under the First Lien Debt Documents to the extent not incurred by the Credit Parties in violation of (x) the Second Lien Indenture Documents as in effect on the Closing Date and giving effect only to those amendments thereto entered into on
or prior to such date that are not prohibited by this Agreement (and only for so long such Second Lien Indenture Documents remain in effect) or (y) to the extent less restrictive and no Second Lien Indenture Documents are in effect at such time, any
Replacement Second Lien Debt Documents in effect at such time plus (ii) solely in the case of Obligations in respect of any DIP Financing, the DIP Cap, if any, at such time. 

“Obligations” means, with respect to any Secured Debt Document, any payment, performance or other obligation of any Credit
Party of any kind, under or in respect of such Secured Debt Document, including, any liability of any Credit Party on any claim, whether or not the right of any Secured Party to payment in respect of such claim is reduced to judgment, liquidated,
unliquidated, fixed, contingent, matured, disputed, undisputed, legal, equitable, secured or unsecured and whether not such claim is discharged, stayed, allowed, authorized or otherwise affected by any Insolvency or Liquidation
Proceeding. Without limiting the generality of the foregoing, the Obligations of any Credit Party under any Secured Debt Document shall include (a) the obligation to pay principal, interest, ordinary course settlement payments, termination
payments, breakage costs, reimbursement obligations in respect of Letters of Credit, obligations to provide cash collateral in respect of Letters of Credit (whether or not drawn), commissions, fees, premiums, charges, expenses, attorneys’ fees
and disbursements, indemnities and other amounts payable by such Credit Party under such Secured Debt Document, (b) Post-Petition Interest and (c) any reimbursement obligations of any Credit Party in respect of any amounts paid in advance or on
behalf of such Credit Party by any applicable Secured Party. 
 “Officer’s Certificate” has the meaning provided to
such term in Section 8.08. 
 “Parent” means any direct or indirect parent company of Foresight. 

  
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 “Permitted Refinancing Increase” means, with respect to the Refinancing of any
Indebtedness, an amount equal to (a) any premium or other reasonable amount paid, and fees and expenses reasonably incurred, in connection with such Refinancing, (b) any unpaid accrued interest on the Indebtedness being Refinanced, (c) any existing
commitments unutilized under the Indebtedness being Refinanced and (d) any amount by which the original principal amount of any Indebtedness has been repaid. 

“Permitted Reorganization Securities” means any (a) debt securities issued to Second Lien Secured Parties in substitution of
or in exchange for all or any portion of the Second Lien Obligations; provided that to the extent such debt securities are secured by Liens on the First Lien Collateral, the provisions of this Agreement will survive the distribution of such debt
securities and such Liens will be subordinated to the First Priority Liens to at least the same extent that the Second Priority Liens on the First Lien Collateral are subordinated to the First Priority Liens pursuant to the terms of this Agreement
and/or (b) equity securities issued to Second Lien Secured Parties in substitution for or in exchange for all or any portion of the Second Lien Obligations; provided that such equity securities shall not provide for mandatory redemption or mandatory
dividend or distribution payments prior to the Discharge of First Lien Obligations; provided further that, in each case, such securities are issued (i) under a plan that (x) is proposed, supported or accepted by the number and amount of First Lien
Secured Parties required under Section 1126(d) of the Bankruptcy Code or (y) pays the First Lien Obligations in full in cash on the effective date of such plan or (ii) solely in respect of the general unsecured portion of the Second Lien
Obligations, if any. 
 “Person” means any natural person, corporation, limited liability company, trust, joint venture,
association, company, partnership, governmental authority or other entity. 
 “Pledged or Controlled Collateral” has the
meaning assigned to such term in Section 5.05(a). 
 “Post-Petition Interest” means interest, fees, costs, expenses
and other charges that pursuant to any of the Secured Debt Documents accruing as of, and continuing to accrue after the commencement of any Insolvency or Liquidation Proceeding, whether or not such interest, fees, costs, expenses and other charges
are allowed or allowable under the Bankruptcy Law or in any such Insolvency or Liquidation Proceeding. 
 “Priority Secured
Parties” means (a) prior to the Discharge of First Lien Priority Obligations, the First Lien Secured Parties, (b) from and after the Discharge of First Lien Priority Obligations but prior to the Discharge of Second Lien Priority
Obligations, the Second Lien Secured Parties, (c) from and after the Discharge of First Lien Priority Obligations and the Discharge of Second Lien Priority Obligations but prior to the Discharge of Excess First Lien Obligations, the First Lien
Secured Parties, (d) from and after the Discharge of First Lien Obligations and the Discharge of Second Lien Priority Obligations but prior to the Discharge of Excess Second Lien Obligations, the Second Lien Secured Parties and (e) from and after
the Discharge of First Lien Obligations and the Discharge of Second Lien Obligations, the Third Lien Secured Parties (if any). 

  
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 “Proceeds” means the net proceeds of any sale, collection or other liquidation
of any Collateral and any payment or distribution made in respect of any Collateral in an Insolvency or Liquidation Proceeding and any amounts received by the Controlling Collateral Agent or any other Priority Secured Party from a Secured Party in
respect of any Collateral pursuant to this Agreement. Notwithstanding the foregoing, “Proceeds” shall not include Permitted Reorganization Securities that are distributed in respect of the Second Lien Obligations, subject to the
satisfaction of Section 6.10. 
 “Refinance” means, (a) in respect of any agreement with reference to the First Lien Credit
Agreement, the First Lien Obligations, or any Replacement First Lien Debt, that such agreement refunds, refinances or replaces the First Lien Credit Agreement, the First Lien Obligations, or such Replacement First Lien Debt in a transaction that is
permitted under the terms of the First Lien Debt Documents then in effect and the Second Lien Debt Documents as in effect on the Closing Date and giving effect only to those amendments not prohibited by this Agreement and is consummated in
compliance with Section 8.10, (b) in respect of any agreement with reference to the Second Lien Debt Documents, the Second Lien Obligations or any Replacement Second Lien Debt, that such Indebtedness refunds, refinances or replaces the Second
Lien Debt Documents, the Second Lien Obligations or such Replacement Second Lien Debt in a transaction that is permitted under the terms of the Second Lien Debt Documents then in effect and the First Lien Debt Documents as in effect on the Closing
Date and giving effect only to those amendments not prohibited by this Agreement and is consummated in accordance with Section 8.10 and (c) in respect of any agreement with reference to the Third Lien Debt Documents, the Third Lien
Obligations or any Replacement Third Lien Debt, that such Indebtedness refunds, refinances or replaces the Third Lien Debt Documents, the Third Lien Obligations or such Replacement Third Debt in a transaction that is permitted under the terms of the
First Lien Debt Documents and the Second Lien Debt Documents then in effect and is consummated in accordance with Section 8.10. “Refinance,” “Refinanced” and “Refinancing” shall have
correlative meanings. 
 “Replacement First Lien Debt” means any Indebtedness that is incurred, issued or guaranteed by
Foresight and/or any Credit Party (other than Indebtedness constituting First Lien Credit Agreement Obligations) which Indebtedness is secured by the First Lien Collateral (or a portion thereof) on a pari passu basis with the First
Lien Credit Agreement Obligations and which Indebtedness replaces or Refinances such First Lien Credit Agreement Obligations (in full or in part on a pari passu basis) in accordance with the requirements of Section 8.10. 

“Replacement First Lien Debt Documents” means, with respect to any series, issue or class of Replacement First Lien Debt, the
loan agreements, the promissory notes, the indentures, the First Lien Collateral Documents or the other operative agreements evidencing or governing such Indebtedness. 

“Replacement First Lien Debt Facility” means any debt facility, indenture or other instrument with respect to which the
requirements contained in Section 8.10 of this Agreement have been satisfied, which is secured by First Priority Liens and that Refinances all or a portion of the First Lien Credit Agreement or any other Replacement First Lien Debt Facility
then in existence with Replacement First Lien Debt. For the avoidance of doubt, no Replacement First Lien Debt Facility shall be required to be a revolving or asset-based loan facility and may be a

  
 13 

 
facility evidenced or governed by a credit agreement, loan agreement, note agreement, promissory note, indenture or any other agreement or instrument; provided that any First Priority Lien
securing such Replacement First Lien Debt Facility shall be subject to the terms of this Agreement for all purposes (including the lien priorities as set forth herein as of the date hereof). 

“Replacement First Lien Secured Parties” means, with respect to any series, issue or class of Replacement First Lien Debt,
the First Lien Collateral Agent, the holders of such Indebtedness, the First Lien Representative with respect thereto, and the beneficiaries of each indemnification obligation undertaken by Foresight or any Credit Party under any related Replacement
First Lien Debt Document. 
 “Replacement Second Lien Debt” means any Indebtedness that is incurred, issued or guaranteed
by Foresight, Foresight Finance and/or any other Credit Party (other than Indebtedness constituting Second Lien Obligations incurred pursuant to the Second Lien Indenture Documents in effect on the date hereof), which Indebtedness is secured by the
Second Lien Collateral (or any portion thereof) and for which the applicable Replacement Second Lien Debt Documents provide that such Indebtedness is to be secured by such Second Lien Collateral on (a) a subordinate or junior basis to the First Lien
Obligations and (b) a senior basis to the Third Lien Obligations (if any); provided that (a) the applicable Credit Party is permitted to incur, issue or guaranty such Indebtedness under the terms of the First Lien Debt Documents in effect at
the time thereof and (b) the requirements set forth in Section 8.10 are satisfied. 
 “Replacement Second Lien Debt
Documents” means, with respect to any series, issue or class of Replacement Second Lien Debt, the loan agreements, the promissory notes, the indentures, the Second Lien Collateral Documents or the other operative agreements evidencing or
governing such Indebtedness. 
 “Replacement Second Lien Debt Facility” means any debt facility, indenture or other
instrument with respect to which the requirements contained in Section 8.10 of this Agreement have been satisfied and that Refinances any of the First Lien Obligations or Second Lien Obligations then outstanding through Foresight’s and
any other Credit Party’s incurrence, issuance or guaranty of any Replacement Second Lien Debt. For the avoidance of doubt, no Replacement Second Lien Debt Facility shall be required to be an indenture or notes offering and may be a
facility evidenced or governed by a credit agreement, loan agreement, note agreement, promissory note, indenture or any other agreement or instrument; provided that any Second Priority Lien securing such Replacement Second Lien Debt Facility
shall be subject to the terms of this Agreement for all purposes (including the lien priorities as set forth herein as of the date hereof). 

“Replacement Second Lien Secured Parties” means, with respect to any series, issue or class of Replacement Second Lien Debt,
the holders of such Indebtedness, the Second Lien Collateral Agent, the Second Lien Representative with respect thereto, and the beneficiaries of each indemnification obligation undertaken by Foresight, Foresight Finance or any other Credit Party
under any related Replacement Second Lien Debt Document. 
 “Replacement Third Lien Debt” means any Indebtedness that is
incurred, issued or guaranteed by Foresight, Foresight Finance and/or any other Credit Party (other than 

  
 14 

 
Indebtedness constituting Third Lien Obligations incurred pursuant to the Exchangeable Refinancing Debt Documents), which Indebtedness is secured by the Third Lien Collateral (or any portion
thereof) and for which the applicable Replacement Third Lien Debt Documents provide that such Indebtedness is to be secured by such Third Lien Collateral on a subordinate or junior basis to the First Lien Obligations and the Second Lien Obligations;
provided that (a) the applicable Credit Party is permitted to incur, issue or guaranty such Indebtedness under the terms of the First Lien Debt Documents and the Second Lien Debt Documents in effect at the time thereof and (b) the
requirements set forth in Section 8.10 are satisfied. 
 “Replacement Third Lien Debt Documents” means, with respect
to any series, issue or class of Replacement Third Lien Debt, the loan agreements, the promissory notes, the indentures, the Third Lien Collateral Documents or the other operative agreements evidencing or governing such Indebtedness. 

“Replacement Third Lien Debt Facility” means any debt facility, indenture or other instrument with respect to which the
requirements contained in Section 8.10 of this Agreement have been satisfied and that Refinances any of the Secured Obligations then outstanding through Foresight’s and any other Credit Party’s incurrence, issuance or guaranty of
any Replacement Third Lien Debt. For the avoidance of doubt, no Replacement Third Lien Debt Facility shall be required to be an indenture or notes offering and may be a facility evidenced or governed by a credit agreement, loan agreement, note
agreement, promissory note, indenture or any other agreement or instrument; provided that any Third Priority Lien securing such Replacement Third Lien Debt Facility shall be subject to the terms of this Agreement for all purposes (including
the lien priorities as set forth herein as of the date hereof). 
 “Replacement Third Lien Secured Parties” means, with
respect to any series, issue or class of Replacement Third Lien Debt, the Third Lien Collateral Agent, the holders of such Indebtedness, the Third Lien Representative with respect thereto and the beneficiaries of each indemnification obligation
undertaken by Foresight, Foresight Finance or any other Credit Party under any related Replacement Third Lien Debt Documents. 

“Representatives” means the First Lien Representatives, the Second Lien Representatives and the Third Lien Representative, if
any, as the context may require. 
 “Required First Lien Secured Parties” means (a) for so long as the First Lien Credit
Agreement is the sole First Lien Debt Facility in effect, the Required Lenders and (b) from and after such time as the First Lien Credit Agreement is no longer the sole First Lien Debt Facility in effect, (i) so long as First Lien Credit Agreement,
any Replacement First Lien Debt Facility or Additional First Lien Debt Facility is in effect, First Lien Secured Parties owed or holding more than 50% of the sum of (A) the total outstanding principal amount of the First Lien Obligations under the
First Lien Credit Agreement, any Replacement First Lien Debt Facility then in effect and Additional First Lien Facility then in effect and (B) the aggregate unused commitments to provide extensions of credit under the First Lien Credit Agreement,
the Replacement First Lien Debt Facilities then in effect and the Additional First Lien Facilities then in effect and (ii) if none of the First Lien Credit Agreement, Additional First Lien Debt Facility or Replacement First Lien Debt Facility is in
effect, Persons owed or holding more than 50% of the sum of the outstanding First Lien Obligations. 

  
 15 

 “Responsible Officer” means the chief executive officer, president, or any vice
president of Foresight or, with respect to financial matters, the chief financial officer or treasurer of Foresight. 
 “Second Lien
Collateral” means (a) any “Collateral” as defined in the Second Lien Collateral Documents and (b) any other existing and future assets and property, and all proceeds thereof of any Credit Party with respect to which a Lien is
granted or purported to be granted or required to be granted pursuant to a Second Lien Collateral Document as security for any Second Lien Obligations, provided that Second Lien Collateral shall not include any Separate Collateral of the type
described in clause (a) of the definition thereof. 
 “Second Lien Collateral Agent” has the meaning assigned to such term
in the introductory paragraph of this Agreement and shall include any successor collateral agent appointed by, or on behalf of, the Second Lien Secured Parties to act as collateral agent for the benefit of the Second Lien Secured Parties under the
terms of the Second Lien Debt Documents from time to time; provided that such successor collateral agent has executed and delivered a Joinder Agreement in accordance with Section 8.10 of this Agreement pursuant to which such successor
collateral agent shall agree to be bound as the Second Lien Collateral Agent for all purposes of this Agreement. 
 “Second Lien
Collateral Documents” means the Second Lien Collateral Trust Agreement, the Second Lien Security Agreement, each Second Lien Mortgage in effect from time to time and any other collateral agreement, security agreement, mortgage, deed of
trust or other instrument or document executed and delivered by any Credit Party for purposes of providing collateral security for any Second Lien Obligation. 

“Second Lien Collateral Trust Agreement” means that certain Collateral Trust and Intercreditor Agreement, dated as of the
date hereof, by and among the Second Lien Collateral Agent, the Second Lien Exchangeable PIK Notes Trustee, the Second Lien Notes Secured Trustee and any other Second Lien Representative party thereto from time to time, as amended, restated, amended
and restated, extended, supplemented or otherwise modified from time to time. 
 “Second Lien Debt Documents” means the
Second Lien Indenture Documents, any Additional Second Lien Debt Documents and any Replacement Second Lien Debt Documents, as the context may require. 

“Second Lien Debt Facilities” means the Second Lien Exchangeable PIK Note Indenture (and the Second Lien Exchangeable PIK
Notes issued pursuant thereto), the Second Lien Secured Note Indenture (and the Second Lien Secured Notes issued pursuant thereto), any Additional Second Lien Debt Facility and any Replacement Second Lien Debt Facilities, as the context may require.

 “Second Lien Exchangeable PIK Note Indenture” means that certain Indenture dated as of the date hereof among Foresight,
Foresight Finance, each of the other Second Lien Guarantors and the Second Lien Exchangeable PIK Notes Trustee, as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time to the extent not in violation
of this Agreement. 

  
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 “Second Lien Exchangeable PIK Notes” means the notes issued pursuant to the
Second Lien Exchangeable PIK Note Indenture. 
 “Second Lien Exchangeable PIK Notes Trustee” has the meaning assigned to
such term in the introductory paragraph of this Agreement and its successors and assigns. 
 “Second Lien Guarantors” means
each of the Credit Parties that provides a Guarantee in respect of any of the Obligations of any other Credit Party under the Second Lien Debt Documents; provided that no Credit Party shall be a “Second Lien Guarantor” unless it is
also a First Lien Guarantor. 
 “Second Lien Indenture Documents” means, collectively, the Second Lien Secured Note
Indenture, the Second Lien Secured Notes, the Second Lien Exchangeable PIK Note Indenture, the Second Lien Exchangeable PIK Notes and the Second Lien Collateral Documents. 

“Second Lien Mortgages” means a collective reference to each mortgage, deed of trust and other document or instrument under
which any Lien on real property owned or leased by any Credit Party is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Liens are governed, as amended, restated, amended and restated, extended,
supplemented or otherwise modified from time to time to the extent not in violation of this Agreement. 
 “Second Lien
Obligations” means all Obligations of the Credit Parties under the Second Lien Debt Documents. 
 “Second Lien Priority
Obligations” means Second Lien Obligations to the extent not incurred by the Credit Parties in violation of the First Lien Debt Documents as in effect on the Closing Date (for so long as such First Lien Debt Documents are in existence) and
giving effect only to those amendments not prohibited by this Agreement. 
 “Second Lien Recovery” has the meaning assigned
to such term in Section 6.04(b). 
 “Second Lien Representative” means (a) in the case of the Second Lien
Exchangeable PIK Notes and the Second Lien Exchangeable PIK Note Indenture, any Second Lien Obligations outstanding thereunder and any Second Lien Secured Parties owed any such Second Lien Obligations, the Second Lien Exchangeable PIK Notes Trustee,
(b) in the case of any Additional Second Lien Debt Facility or the Additional Second Lien Secured Parties thereunder, the Additional Second Lien Representative for such Additional Second Lien Debt Facility that is named as the representative in
respect of such Additional Second Lien Debt Facility in the applicable Joinder Agreement, (c) in the case of any of the Second Lien Secured Notes and the Second Lien Secured Note Indenture, any Second Lien Obligations outstanding thereunder and any
Second Lien Secured Parties owed any such Second Lien Obligations, the Second Lien Secured Notes Trustee and (d) in the case of any Replacement Second Lien Debt Facility and the Replacement Second Lien Secured Parties thereunder, the trustee,
administrative agent or other similar agent under such Replacement Second Lien Debt Facility that is named as the representative in respect of such Replacement Second Lien Debt Facility in the applicable Joinder Agreement. 

  
 17 

 “Second Lien Secured Notes” means the notes issued pursuant to the Second Lien
Secured Note Indenture. 
 “Second Lien Secured Note Indenture” means that certain Indenture dated as of the date hereof
among Foresight, Foresight Finance, the Second Lien Guarantors and the Second Lien Secured Notes Trustee, as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time to the extent not in violation of
this Agreement. 
 “Second Lien Secured Notes Trustee” has the meaning assigned to such term in the introductory paragraph
of this Agreement and its successors and assigns. 
 “Second Lien Secured Parties” means the holders of the Second Lien
Exchangeable PIK Notes, the holders of the Second Lien Secured Notes, the Second Lien Exchangeable PIK Notes Trustee, the Second Lien Secured Notes Trustee, the Second Lien Collateral Agent, the Additional Second Lien Secured Parties and any
Replacement Second Lien Secured Parties, as the context may require. 
 “Second Lien Security Agreement” means that certain
Second Lien Pledge and Security Agreement, dated as of the date hereof, by Foresight, Foresight Finance and each of the other Subsidiary Guarantors party thereto from time to time in favor of the Second Lien Collateral Agent, as amended, restated,
amended and restated, extended, supplemented or otherwise modified from time to time to the extent not in violation of this Agreement. 

“Second Priority Lien” means the Liens on the Second Lien Collateral in favor of Second Lien Secured Parties under Second
Lien Collateral Documents. 
 “Secured Commodity Swap Counterparty” means any Hedge Bank that is a party, or counterparty,
to a Commodity Swap Contract that is a Secured Hedge Agreement. 
 “Secured Debt Documents” means the First Lien Debt
Documents, the Second Lien Debt Documents and the Third Lien Debt Documents (if any), as the context may require. 
 “Secured
Obligations” means the First Lien Obligations the Second Lien Obligations and the Third Lien Obligations (if any), as the context may require. 

“Secured Parties” means the First Lien Secured Parties, the Second Lien Secured Parties, and the Third Lien Secured Parties
(if any), as the context may require. 
 “Separate Collateral” means (a) as to the First Lien Collateral Agent, the First
Lien Cash Collateral Accounts and any amounts on deposit in, or credited to, such First Lien Cash Collateral Accounts from time to time and any proceeds of the foregoing; and (b) as to any Secured Party any amounts received or deemed received by
such Secured Party in respect of any Secured Obligation owed to such Secured Party from separate insurance, credit default swap protection or other protection against loss arranged by such Secured Party for its own account in respect of any such
Secured Obligations (which amounts shall be for the sole benefit of such Secured Party). 

  
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 “Subsidiary Guarantor” means each Subsidiary of Foresight that is required to
provide a Guarantee of Foresight’s Obligations under any of the Secured Debt Documents pursuant to the terms of the Secured Debt Documents. 

“Third Lien Collateral” means any assets or property, and all proceeds thereof of any Credit Party with respect to which a
Lien is granted or purported to be granted or required to be granted pursuant to a Third Lien Collateral Document as security for any Third Lien Obligations; provided that Third Lien Collateral shall not include any Separate Collateral of the
type described in clause (a) of the definition thereof. 
 “Third Lien Collateral Agency Agreement” means the agreement
pursuant to which any holders of Third Lien Obligations and/or the Third Lien Representatives appoint the Third Lien Collateral Agent as collateral agent for purposes of holding the Third Lien Collateral for the benefit of the Third Lien Secured
Parties. 
 “Third Lien Collateral Agent” means the Person appointed by the Third Lien Secured Parties from time to time to
hold the Third Lien Collateral for the benefit of the Third Lien Secured Parties; provided that such Person has become a party hereto in its capacity as Third Lien Collateral Agent in accordance with the terms of Section 8.10. 

“Third Lien Collateral Documents” means the Third Lien Collateral Agency Agreement (if any), the Third Lien Security
Agreement, each Third Lien Mortgage in effect from time to time and any other collateral agreement, security agreement, mortgage, deed of trust or other instrument or document executed and delivered by any Credit Party for purposes of providing
collateral security for any Third Lien Obligation. 
 “Third Lien Debt Documents” means the Exchangeable Refinancing Debt
Documents and any Replacement Third Lien Debt Documents. 
 “Third Lien Debt Facilities” (if any) means any Exchangeable
Debt Refinancing Facility and any Replacement Third Lien Debt Facilities, as the context may require. 
 “Third Lien
Guarantors” means each of the Credit Parties that provides a Guarantee in respect of any of the Obligations of any other Credit Party under the Third Lien Debt Documents; provided that no Credit Party shall be a “Third Lien
Guarantor” unless it is also a First Lien Guarantor and a Second Lien Guarantor. 
 “Third Lien Mortgages” means a
collective reference to each mortgage, deed of trust and other document or instrument under which any Lien on real property owned or leased by any Credit Party is granted to secure any Third Lien Obligations or under which rights or remedies with
respect to any such Liens are governed, as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time to the extent not in violation of this Agreement. 

  
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 “Third Lien Obligations” means all Obligations of the Credit Parties under the
Third Lien Debt Documents. 
 “Third Lien Representative” means, with respect to any Third Lien Debt Facility, the trustee,
administrative agent or other similar agent under such Third Lien Debt Facility that is named as the representative in respect of such Third Lien Debt Facility in the applicable Joinder Agreement. 

“Third Lien Secured Parties” means the Third Lien Collateral Agent, any Third Lien Representative and any Person owed any of
the Third Lien Obligations. 
 “Third Lien Security Agreement” means any agreement pursuant to which the Credit Parties
pledge or grant a security interest in or Lien on the Third Lien Collateral in favor of the Third Lien Collateral Agent, as such agreement may amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time to
the extent not in violation of this Agreement. 
 “Third Priority Lien” means the Liens on the Third Lien Collateral in
favor of Third Lien Secured Parties under Third Lien Collateral Documents. 
 “Uniform Commercial Code” or
“UCC” the Uniform Commercial Code as in effect in the State of New York; provided that if perfection or the effect of perfection or non-perfection or the priority of any security interest in any Collateral is governed by the
Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to
such perfection, effect of perfection or non-perfection or priority. 
 SECTION 1.02. Terms Generally. The definitions of
terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,”
“includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word
“shall.” Unless the context requires otherwise, (a) any definition of or reference to any agreement, instrument, other document, statute or regulation herein shall be construed as referring to such agreement, instrument, other
document, statute or regulation as from time to time amended, supplemented or otherwise modified to the extent not in violation of this Agreement, (b) any reference herein to any Person shall be construed to include such Person’s successors and
assigns, but shall not be deemed to include the subsidiaries of such Person unless express reference is made to such subsidiaries, (c) the words “herein,” “hereof” and “hereunder,” and words of similar import, shall be
construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all references herein to Articles, Sections and Annexes shall be construed to refer to Articles, Sections and Annexes of this Agreement, (e) unless
otherwise expressly qualified herein, the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities,
accounts and contract rights and (f) the term “or” is not exclusive. 

  
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 ARTICLE II 

Priorities and Agreements with Respect to Collateral 

SECTION 2.01. Lien Subordination. (a) Notwithstanding the date, time, manner, method or order of filing or recordation
of any document or instrument or of grant, attachment or perfection of any Liens granted to, or on behalf of, any of the Collateral Agents or any other Secured Party on the Collateral (or any actual or alleged defect, or deficiency or failure to
perfect, in any of the foregoing) and notwithstanding any provision of the UCC, any applicable law, any Secured Debt Document or any other circumstance whatsoever, (i) the Second Lien Collateral Agent and each Second Lien Representative, on behalf
of itself and each Second Lien Secured Party under its Second Lien Debt Facility, hereby agrees that (A) any Lien on the Collateral securing any First Lien Priority Obligations now or hereafter held by or on behalf of the First Lien Collateral
Agent, any other First Lien Secured Party or any other agent or trustee therefor, regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall have priority over and be senior in all respects and prior to
any Lien on the Collateral securing the Second Lien Obligations, (B) any Lien on the Collateral securing any Second Lien Obligations now or hereafter held by or on behalf of any Second Lien Secured Party or any other agent or trustee therefor,
regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be junior and subordinate in right, priority, operation, effect and all other respects to all Liens on the Collateral securing any First Lien
Priority Obligations, (C) any Lien on the Collateral securing any Excess First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent, any other First Lien Secured Party or any other agent or trustee therefor,
regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall have priority over and be senior in all respects and prior to any Lien on the Collateral securing the Excess Second Lien Obligations and (D) any
Lien on the Collateral securing any Excess Second Lien Obligations now or hereafter held by or on behalf of any Second Lien Secured Party or any other agent or trustee therefor, regardless of how acquired, whether by grant, statute, operation of
law, subrogation or otherwise, shall be junior and subordinate in right, priority, operation, effect and all other respects to all Liens on the Collateral securing any Excess First Lien Obligations, (ii) the First Lien Collateral Agent and each
First Lien Representative, on behalf of itself and each First Lien Secured Party under its First Lien Debt Facility, hereby agrees that (A) any Lien on the Collateral securing any Second Lien Priority Obligations now or hereafter held by or on
behalf of the Second Lien Collateral Agent, any other Second Lien Secured Party or any other agent or trustee therefor, regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall have priority over and
be senior in all respects and prior to any Lien on the Collateral securing the Excess First Lien Obligations and (B) any Lien on the Collateral securing any Excess First Lien Obligations now or hereafter held by or on behalf of any First Lien
Secured Party or any other agent or trustee therefor, regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be junior and subordinate in right, priority, operation, effect and all other respects to
all Liens on the Collateral securing any Second Lien Priority Obligations and (iii) the Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, hereby
agrees that (A) any Lien on the Collateral securing First Lien Obligations now or hereafter held by or on behalf of the First Lien Collateral Agent, any other First Lien Secured Party or any other agent or trustee therefor and any Lien on the
Collateral 

  
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securing Second Lien Obligations now or hereafter held by or on behalf of the Second Lien Collateral Agent, any other Second Lien Secured Party or any other agent or trustee therefor, in each
case, regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall have priority over and be senior in all respects and prior to any Lien on the Collateral securing the Third Lien Obligations and (B) any
Lien on the Collateral securing any Third Lien Obligations now or hereafter held by or on behalf of any Third Lien Secured Party or any other agent or trustee therefor, regardless of how acquired, whether by grant, statute, operation of law,
subrogation or otherwise, shall be junior and subordinate in right, priority, operation, effect and all other respects to all Liens on the Collateral securing First Lien Obligations and to all Liens on the Collateral securing Second Lien
Obligations. 
 (b) All (i) Liens on the Collateral securing any First Lien Priority Obligations shall be and remain senior in right,
priority, operation, effect and all other respects and prior to all Liens on the Collateral securing any Second Lien Obligations for all purposes, whether or not such Liens securing any First Lien Priority Obligations are subordinated in any
respect to any Lien securing any other obligation of any Credit Party or any other Person or otherwise subordinated, voided, avoided, invalidated or lapsed, (ii) Liens on the Collateral securing any Second Lien Priority Obligations shall be and
remain senior in right, priority, operation, effect and all other respects and prior to all Liens on the Collateral securing any Excess First Lien Obligations, whether or not such Liens securing any Second Lien Priority Obligations are subordinated
in any respect to any Lien securing any other obligation of any Credit Party or any other Person or otherwise subordinated, voided, avoided, invalidated or lapsed, (iii) Liens on the Collateral securing any Excess First Lien Obligations shall be and
remain senior in right, priority, operation, effect and all other respects and prior to all Liens on the Collateral securing any Excess Second Lien Obligations for all purposes, whether or not such Liens securing any Excess First Lien
Obligations are subordinated in any respect to any Lien securing any other obligation of any Credit Party or any other Person or otherwise subordinated, voided, avoided, invalidated or lapsed and (iv) Liens on the Collateral securing First Lien
Obligations and Liens on the Collateral securing Second Lien Obligations shall be and remain senior in right, priority, operation, effect and all other respects and prior to all Liens on the Collateral securing any Third Lien Obligations for all
purposes, whether or not such Liens securing any First Lien Obligations and/or any Second Lien Obligations are subordinated in any respect to any Lien securing any other obligation of any Credit Party or any other Person or otherwise subordinated,
voided, avoided, invalidated or lapsed. 
 SECTION 2.02. Nature of Claims. (a) The Second Lien Collateral Agent, the
Third Lien Collateral Agent, each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under
its Third Lien Debt Facility, each acknowledges that, in accordance with the provisions of the First Lien Debt Documents (i) a portion of the First Lien Obligations is revolving in nature and that the amount thereof that may be outstanding at any
time or from time to time may be increased or reduced and subsequently reborrowed, (ii) the terms of the First Lien Debt Documents and the First Lien Obligations may be amended, supplemented or otherwise modified to the extent not otherwise
prohibited hereunder, and the First Lien Obligations, or a portion thereof, may be Refinanced from time to time to the extent not otherwise prohibited hereunder and (iii) the aggregate amount of the First Lien Obligations may be increased to the
extent not otherwise prohibited hereunder, in each case, 

  
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without notice to or consent by the Second Lien Collateral Agent, the Third Lien Collateral Agent, or any other Second Lien Secured Party or Third Lien Secured Party and without affecting the
provisions hereof. 
 (b) The Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and each Third Lien
Secured Party under its Third Lien Debt Facility, each acknowledges that, in accordance with the provisions of the Second Lien Debt Documents (i) the terms of the Second Lien Debt Documents and the Second Lien Obligations may be amended,
supplemented or otherwise modified to the extent not otherwise prohibited hereunder, and the Second Lien Obligations, or a portion thereof, may be Refinanced from time to time to the extent not otherwise prohibited hereunder and (ii) the aggregate
amount of the Second Lien Obligations may be increased to the extent not otherwise prohibited hereunder, in each case, without notice to or consent by the Third Lien Collateral Agent or any other Third Lien Secured Party and without affecting the
provisions hereof. 
 (c) The Lien priorities provided for in Section 2.01 shall not be altered or otherwise affected by any
amendment, supplement or other modification, or any Refinancing, of any of the Secured Obligations or any portion thereof. As between the Credit Parties and the Secured Parties, the foregoing provisions of this Section 2.02 will not limit or
otherwise affect the obligations of the Credit Party contained in any Secured Debt Document with respect to the incurrence of additional Secured Obligations (whether constituting First Lien Obligations, Second Lien Obligations or Third Lien
Obligations, as the case may be). 
 SECTION 2.03. Prohibition on Contesting Liens. (a) The Second Lien Collateral
Agent, the Third Lien Collateral Agent, each of the Second Lien Representatives, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third
Lien Secured Party under its Third Lien Debt Facility, each agrees that it shall not (and hereby waives any right to) contest or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the
validity, extent, perfection, priority or enforceability of any First Priority Lien held (or purported to be held) or deemed to be held by virtue of this Agreement by or on behalf of the First Lien Collateral Agent, any of the other First Lien
Secured Parties or any other agent or trustee therefor. 
 (b) The First Lien Collateral Agent, the Third Lien Collateral Agent, each First
Lien Representative, for itself and on behalf of each First Lien Secured Party under its First Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each
agrees that it shall not (and hereby waives any right to) contest or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the validity, extent, perfection, priority or enforceability of any
Second Priority Lien held (or purported to be held) or deemed to be held by virtue of this Agreement by or on behalf of the Second Lien Collateral Agent, any of the Second Lien Secured Parties or any other agent or trustee therefor. 

(c) The First Lien Collateral Agent, the Second Lien Collateral Agent, each of the First Lien Representatives, for itself and on behalf
of each First Lien Secured Party under its First Lien Debt Facility, and each Second Lien Representative, for itself and on behalf of each 

  
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Second Lien Secured Party under its Second Lien Debt Facility, each agrees that it shall not (and hereby waives any right to) contest or support any other Person in contesting, in any proceeding
(including any Insolvency or Liquidation Proceeding), the validity, extent, perfection, priority or enforceability of any Third Priority Lien held (or purported to be held) by or on behalf of the Third Lien Collateral Agent, any of the other Third
Lien Secured Parties or any other agent or trustee therefor. 
 (d) Notwithstanding the foregoing, no provision in this Agreement shall be
construed to prevent or impair (i) the rights of the First Lien Collateral Agent or any other First Lien Secured Party to enforce this Agreement (including the priority of the Liens securing the First Lien Obligations as provided in Section
2.01) or any of the First Lien Debt Documents, (ii) the rights of the Second Lien Collateral Agent or any other Second Lien Secured Party to enforce this Agreement (including the priority of the Liens securing the Second Lien Obligations as
provided in Section 2.01) or any of the Second Lien Debt Documents or (iii) the rights of the Third Lien Collateral Agent or any other Third Lien Secured Party to enforce this Agreement (including the priority of the Liens securing the Third
Lien Obligations as provided in Section 2.01) or any of the Third Lien Debt Documents. 
 SECTION 2.04. No Other Liens, Rights or
Remedies. (a) So long as the Discharge of First Lien Obligations has not occurred, none of the Credit Parties shall, or shall permit any of its Subsidiaries to, grant or permit any Lien on any asset to secure any Second Lien
Obligation or Third Lien Obligation, unless such Credit Party has granted, or concurrently therewith grants, a Lien on such asset to secure the First Lien Obligations except in the case of any Separate Collateral securing the Second Lien Obligations
or the Third Lien Obligations. To the extent that the provisions of the immediately preceding sentence are not complied with for any reason, (i) the Second Lien Collateral Agent and the other Second Lien Secured Parties or the Third Lien
Collateral Agent and the other Third Lien Secured Parties, as applicable, shall be deemed to hold and have held such Lien for the benefit of each of the First Lien Collateral Agent and the other First Lien Secured Parties and (ii) any amounts
received by or distributed to any Second Lien Secured Party or Third Lien Secured Party pursuant to or as a result of any Lien granted in contravention of this Section 2.04 shall be subject to Article IV. 

(b) So long as the Discharge of Second Lien Obligations has not occurred, none of the Credit Parties shall, or shall permit any of its
Subsidiaries to, grant or permit any Lien on any asset to secure any First Lien Obligation or Third Lien Obligation, unless such Credit Party has granted, or concurrently therewith grants, a Lien on such asset to secure the Second Lien Obligations
except in the case of Separate Collateral securing the First Lien Obligations or the Third Lien Obligations. To the extent that the provisions of the immediately preceding sentence are not complied with for any reason, (i) the Third Lien
Collateral Agent and the other Third Lien Secured Parties shall be deemed to hold and have held such Lien for the benefit of each of the Second Lien Collateral Agent and the other Second Lien Secured Parties and, to the extent the Discharge of First
Lien Priority Obligations has occurred but the Discharge of Second Lien Priority Obligations has not occurred, the First Lien Collateral Agent and the other First Lien Secured Parties shall be deemed to hold and have held such Lien for the benefit
of each of the Second Lien Collateral Agent and the other Second Lien Secured Parties and (ii) any amounts received by or distributed to any First Lien Secured Party or Third Lien Secured Party pursuant to or as a result of any Lien granted in
contravention of this Section 2.04 shall be subject to Article IV. 

  
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 (c) So long as the Discharge of Third Lien Obligations has not occurred, none of the Credit
Parties shall, or shall permit any of its Subsidiaries to, grant or permit any Lien on any asset to secure any First Lien Obligation or Second Lien Obligation, unless such Credit Party has granted, or concurrently therewith grants, a Lien on such
asset to secure the Third Lien Obligations except in the case of Separate Collateral securing the First Lien Obligations or Second Lien Obligations. 

(d) The parties hereto acknowledge and agree that it is their intention, except as provided in Section 2.06, that the First Lien Collateral,
the Second Lien Collateral and the Third Lien Collateral be identical, except with respect to Separate Collateral. In furtherance of the foregoing, the parties hereto agree: 

(i) to cooperate in good faith in order to determine, upon any reasonable written request by the First Lien Collateral Agent or
the Second Lien Collateral Agent, the specific assets included in the First Lien Collateral, the Second Lien Collateral and/or the Third Lien Collateral, the steps taken to perfect the First Priority Liens, the Second Priority Liens and/or the Third
Priority Liens thereon and the identity of the respective parties obligated under the First Lien Debt Documents, the Second Lien Debt Documents and/or the Third Lien Debt Documents; 

(ii) that the documents, agreements and instruments creating or evidencing the First Lien Collateral and the First Priority
Liens shall be in all material respects in the same form as the documents, agreements and instruments creating or evidencing the Second Lien Collateral and the Second Priority Liens, other than with respect to the first priority and second priority
nature of the Liens created or evidenced thereunder, the identity of the Secured Parties that are parties thereto or secured thereby and other matters contemplated by this Agreement; and 

(iii) that the documents, agreements and instruments creating or evidencing the Second Lien Collateral and the Second Priority
Liens shall be in all material respects in substantially the same form as the documents, agreements and instruments creating or evidencing (x) the First Lien Collateral and the First Priority Liens, other than with respect to the second priority and
first priority nature of the Liens created or evidenced thereunder, the identity of the Secured Parties that are parties thereto or secured thereby and other matters contemplated by this Agreement and (y) the Third Lien Collateral and the Third
Priority Liens, other than with respect to the second priority and third priority nature of the Liens created or evidenced thereunder, the identity of the Secured Parties that are parties thereto or secured thereby and other matters contemplated by
this Agreement, in each case, except with respect to Separate Collateral. 
 SECTION 2.05. Perfection of Liens. Subject to
Section 5.05, (x) none of the First Lien Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to the Collateral for the benefit of the Second Lien Secured Parties or the Third Lien Secured
Parties and (y) none of the Second Lien Secured Parties shall be responsible for 

  
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perfecting and/or maintaining the perfection of Liens with respect to the Collateral for the benefit of the First Lien Secured Parties or the Third Lien Secured Parties. The provisions of this
Agreement are intended solely to govern the respective Lien priorities as between the First Lien Secured Parties, the Second Lien Secured Parties and the Third Lien Secured Parties and shall not impose on the First Lien Secured Parties, the Second
Lien Secured Parties, the Third Lien Secured Parties or any agent or trustee therefor any obligations in respect of the disposition of Proceeds of any Collateral which would conflict with prior perfected claims therein in favor of any other Person
or any order or decree of any court or governmental authority or any applicable law. To the extent a Secured Party does not maintain a perfected Lien on any portion of Collateral, any Proceeds received in respect of such portion of Collateral
shall be paid over to the extent necessary pursuant to Section 4.01 as if all Secured Parties held such a perfected Lien.
 SECTION
2.06. Certain Cash Collateral. Notwithstanding anything in this Agreement or any other Secured Debt Document to the contrary, First Lien Collateral consisting of First Lien Cash Collateral Accounts (or amounts on deposit therein or
credited thereto), shall be applied as specified in the First Lien Loan Documents and will not constitute Second Lien Collateral or Third Lien Collateral. 

SECTION 2.07. No Payment Subordination. Notwithstanding anything in this Agreement or any other Secured Debt Document to the
contrary (except as set forth in Article IV with respect to the Collateral and Proceeds thereof), the subordination of the Liens on the Collateral securing any Obligations as set forth in this Agreement affects only the priority of such Liens
securing such Obligations relative to the Liens on such Collateral securing any other Obligations and does not, and nothing in this Agreement shall or shall be deemed to, subordinate the Obligations under any Secured Debt Document in right of
payment to the Obligations under any other Secured Debt Document. 
 ARTICLE III 

Enforcement 
 SECTION
3.01. Exercise of Remedies. (a) So long as the Discharge of First Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Credit Party, (i) none of the
Second Lien Collateral Agent, the Third Lien Collateral Agent nor any Second Lien Secured Party or Third Lien Secured Party will (x) exercise or seek to exercise any rights or remedies (including setoff) with respect to any Collateral in respect of
any Second Lien Obligations or Third Lien Obligations, or institute any action or proceeding with respect to such rights or remedies (including any action of foreclosure), (y) contest, protest or object to any foreclosure proceeding or action
brought with respect to the Collateral or any other First Lien Collateral by the First Lien Collateral Agent or any other First Lien Secured Party in respect of the First Lien Obligations, the exercise of any right by the First Lien Collateral Agent
or any other First Lien Secured Party (or any agent or sub-agent on their behalf) in respect of the First Lien Obligations under any lockbox agreement, control agreement, landlord waiver or bailee’s letter or similar agreement or arrangement to
which the First Lien Collateral Agent or any other First Lien Secured Party either is a party or may have rights as a third party beneficiary, or any other exercise by any First Lien Secured Party of any rights and remedies relating to the
Collateral under the First Lien Debt Documents 

  
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or otherwise in respect of the First Lien Collateral or the First Lien Obligations or (z) object to the forbearance by the First Lien Secured Parties from bringing or pursuing any foreclosure
proceeding or action or any other exercise of any rights or remedies relating to the Collateral in respect of First Lien Obligations and (ii) the First Lien Collateral Agent and the other First Lien Secured Parties shall have the exclusive right to
(A) exercise remedies against, and enforce its rights with respect to, the Collateral (including setoff and the right to credit bid their debt) and (B) subject to Section 5.01, make determinations regarding the release or disposition of
Collateral, in each case of clauses (A) and (B), without any consultation with or the consent of the Second Lien Collateral Agent or any other Second Lien Secured party or the Third Lien Collateral Agent or any other Third Lien Secured Party,
regardless of whether any such exercise is adverse to the claims or interest of any Second Lien Secured Party or Third Lien Secured Party; provided that the foregoing shall be subject to Section 3.03. Such exercise and enforcement
shall include the rights of an agent appointed by them to sell or otherwise dispose of Collateral upon foreclosure, to incur expenses in connection with such sale or disposition and to exercise all the rights and remedies of a secured lender under
the Uniform Commercial Code of any applicable jurisdiction and of a secured creditor under Bankruptcy Laws of any applicable jurisdiction. 

(b) So long as the Discharge of First Lien Obligations has not occurred, except as expressly provided in Section 3.03, the Second Lien
Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third
Lien Secured Party under its Third Lien Debt Facility each agrees that it will not, in the context of its role as creditor, take or receive any Collateral or any Proceeds of Collateral in connection with the exercise of any right or remedy
(including setoff) with respect to any Collateral in respect of any Second Lien Obligation or Third Lien Obligation. Without limiting the generality of the foregoing, unless and until the Discharge of First Lien Obligations has occurred, except
as expressly provided in Section 3.03, the sole right of the Second Lien Collateral Agent, the Third Lien Collateral Agent and the other Second Lien Secured Parties and Third Lien Secured Parties, as applicable, with respect to the Collateral
is to hold a Lien on the Collateral in respect of Second Lien Obligations pursuant to the Second Lien Debt Documents or the Third Lien Obligations pursuant to the Third Lien Debt Documents for the period and to the extent granted therein. 

(c) Subject to Section 3.03, (i) the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative,
for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that none of
the Second Lien Collateral Agent, the Third Lien Collateral Agent, nor any other Second Lien Secured Party or Third Lien Secured Party, as applicable, will take any action the purpose and intent of which is or could reasonably be expected to hinder
any exercise of remedies undertaken by the First Lien Collateral Agent or any First Lien Secured Party with respect to the Collateral under the First Lien Debt Documents, including any sale, lease, exchange, transfer or other disposition of the
Collateral, whether by foreclosure or otherwise, and (ii) the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt
Facility, and each Third Lien Representative, on behalf of itself and each Third Lien 

  
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Secured Party under its Third Lien Debt Facility, each hereby waives any and all rights it or any Second Lien Secured Party or Third Lien Secured Party, as applicable, may have to object to the
manner in which the First Lien Collateral Agent or the other First Lien Secured Parties seek to enforce or collect the First Lien Obligations or the Liens granted on any of the First Lien Collateral, regardless of whether any action or failure to
act by or on behalf of the First Lien Collateral Agent or any other First Lien Secured Party is adverse to the interests of the Second Lien Secured Parties or the Third Lien Secured Parties, as applicable. 

(d) [Reserved.] 
 (e)
[Reserved.] 
 (f) From and after the Discharge of First Lien Obligations and so long as the Discharge of Second Lien Obligations has not
occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any Credit Party, (i) neither the Third Lien Collateral Agent nor any other Third Lien Secured Party will (x) exercise or seek to exercise any rights
or remedies (including setoff) with respect to any Collateral in respect of any Third Lien Obligations, or institute any action or proceeding with respect to such rights or remedies (including any action of foreclosure), (y) contest, protest or
object to any foreclosure proceeding or action brought with respect to the Collateral or any other Second Lien Collateral by the Second Lien Collateral Agent or any other Second Lien Secured Party in respect of the Second Lien Obligations, the
exercise of any right by the Second Lien Collateral Agent or any other Second Lien Secured Party (or any agent or sub-agent on their behalf) in respect of the Second Lien Obligations under any lockbox agreement, control agreement, landlord waiver or
bailee’s letter or similar agreement or arrangement to which the Second Lien Collateral Agent or any other Second Lien Secured Party either is a party or may have rights as a third party beneficiary, or any other exercise by any such party of
any rights and remedies relating to the Collateral under the Second Lien Debt Documents or otherwise in respect of the Second Lien Collateral or the Second Lien Obligations, or (z) object to the forbearance by the Second Lien Secured Parties from
bringing or pursuing any foreclosure proceeding or action or any other exercise of any rights or remedies relating to the Collateral in respect of the Second Lien Obligations and (ii) the Second Lien Collateral Agent and the other Second Lien
Secured Parties shall have the exclusive right to (A) exercise remedies against, and enforce its rights with respect to, the Collateral (including setoff and the right to credit bid their debt) and (B) subject to Section 5.01, make
determinations regarding the release or disposition of Collateral, in each case of clauses (A) and (B), without any consultation with or the consent of the Third Lien Collateral Agent or any other Third Lien Secured Party, regardless of whether any
such exercise is adverse to the claims or interest of any Third Lien Secured Party; provided that the foregoing shall be subject to Section 3.03. Such exercise and enforcement shall include the rights of an agent appointed by them to
sell or otherwise dispose of Collateral upon foreclosure, to incur expenses in connection with such sale or disposition and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code of any applicable jurisdiction
and of a secured creditor under Bankruptcy Laws of any applicable jurisdiction. 
 (g) From and after the Discharge of First Lien
Obligations and so long as the Discharge of Second Lien Obligations has not occurred, except as expressly provided in Section 3.03, the Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and 

  
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each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that it will not, in the context of its role as creditor, take or receive any Collateral or any Proceeds of
Collateral in connection with the exercise of any right or remedy (including setoff) with respect to any Collateral in respect of any Third Lien Obligation. Without limiting the generality of the foregoing, unless and until the Discharge of
Second Lien Obligations has occurred, except as expressly provided in Section 3.03, the sole right of the Third Lien Collateral Agent and the other Third Lien Secured Parties with respect to the Collateral is to hold a Lien on the Collateral
in respect of Third Lien Obligations pursuant to the Third Lien Debt Documents for the period and to the extent granted therein and to receive Collateral and Proceeds thereof, if any, after the Discharge of Second Lien Obligations has occurred. 

(h) Subject to Section 3.03, (i) the Third Lien Collateral Agent and each Third Lien Representative, for itself and on behalf of each
Third Lien Secured Party under its Third Lien Debt Facility, each agrees that neither the Third Lien Collateral Agent nor any other Third Lien Secured Party will take any action that would hinder any exercise of remedies undertaken by the
Second Lien Collateral Agent or any Second Lien Secured Party with respect to the Collateral under the Second Lien Debt Documents, including any sale, lease, exchange, transfer or other disposition of the Collateral, whether by foreclosure or
otherwise, and (ii) the Third Lien Collateral Agent and each Third Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt Facility, hereby waives any and all rights it or any such Third Lien Secured
Party may have as a creditor or otherwise to object to the manner in which the Second Lien Collateral Agent or the other Second Lien Secured Parties seek to enforce or collect the Second Lien Obligations or the Liens granted on any of the Second
Lien Collateral, regardless of whether any action or failure to act by or on behalf of the Second Lien Collateral Agent or any other Second Lien Secured Party is adverse to the interests of the Third Lien Secured Parties. 

(i) [Reserved.] 
 (j) Following
the Discharge of First Lien Obligations and the Discharge of Second Lien Obligations, the Third Lien Collateral Agent shall have the exclusive right to exercise any right or remedy with respect to the Collateral, and the Third Lien Collateral Agent
shall have the exclusive right to direct the time, method and place of exercising or conducting any proceeding for the exercise of any right or remedy available to the Third Lien Secured Parties with respect to the Collateral, or of exercising or
directing the exercise of any trust or power conferred on the Third Lien Collateral Agent, or for the taking of any other action authorized by the Third Collateral Documents. 

SECTION 3.02. Cooperation. (a) Subject to Section 3.03, the Second Lien Collateral Agent, the Third Lien Collateral Agent,
each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt
Facility, each agrees that, unless and until the Discharge of First Lien Obligations has occurred, it will not commence, or join with any Person (other than the First Lien Secured Parties and the First Lien Representatives upon the request of the
First Lien Collateral Agent) in commencing, any enforcement, collection, execution, levy or foreclosure action or proceeding with respect to any Lien held by it in the Collateral under any of the Second Lien Debt Documents, the Third Lien Debt
Documents or otherwise in respect of any Second Lien Obligations or Third Lien Obligations, as applicable. 
 (b) Subject to Section
3.03, the Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, agrees that, from and after the Discharge of First Lien Obligations unless and
until the Discharge of Second Lien Obligations has occurred, it will not commence, or join with any Person (other than the Second Lien Secured Parties and the Second Lien Representatives upon the request of the Second Lien Collateral Agent) in
commencing, any enforcement, collection, execution, levy or foreclosure action or proceeding with respect to any Lien held by it in the Collateral under any of the Third Lien Debt Documents or otherwise in respect of the Third Lien Obligations. 

  
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 SECTION 3.03. Permitted Actions. Nothing in this Agreement shall be construed to
limit or impair in any way the right of each Second Lien Secured Party and each Third Lien Secured Party to, as applicable: (a) file a proof of claim with respect to the Second Lien Obligations under its Second Lien Debt Facility or the Third Lien
Obligations under its Third Lien Debt Facility; (b) in the case of any Second Lien Secured Party, join (but not control) any foreclosure or other judicial lien enforcement proceeding with respect to the Collateral initiated by any First Lien Secured
Creditor, in each case, for the sole purpose of protecting such Second Lien Secured Party’s Lien on such Collateral, to the extent such action (i) in the case of joining a foreclosure or other judicial lien enforcement proceeding, would not
reasonably be expected to interfere materially with such proceeding and (ii) is not adverse to the priority status of the First Priority Liens on such Collateral or the rights of the First Lien Collateral Agent or any other First Lien Secured Party
hereunder, including the right to exercise remedies in respect thereof; (c) in the case of any Third Lien Secured Party, join (but not control) any foreclosure or other judicial lien enforcement proceeding with respect to the Collateral initiated by
any First Lien Secured Creditor or Second Lien Secured Creditor or take any other action, in each case, for the sole purpose of protecting such Third Lien Secured Party’s Lien on such Collateral, to the extent such action (i) in the case of
joining a foreclosure or other judicial lien enforcement proceeding, would not reasonably be expected to interfere materially with such proceeding and (ii) is not adverse to the priority status of the First Priority Liens and the Second Priority
Liens on such Collateral or the rights of the First Lien Collateral Agent or any other First Lien Secured Party or the Second Lien Collateral Agent or any other Second Lien Secured Party hereunder, including the rights to exercise remedies in
respect thereof; (d) in the case of the Second Lien Secured Parties, receive any Collateral or proceeds of Collateral on account of (i) its Second Priority Lien Obligations after the Discharge of First Lien Priority Obligations has occurred, subject
to any reinstatement of the First Lien Priority Obligations under Section 6.04 or (ii) its Excess Second Lien Obligations after the Discharge of Excess First Lien Obligations has occurred, subject to any reinstatement of the Excess First Lien
Obligations under Section 6.04; (e) in the case of the Third Lien Secured Parties, receive any Collateral or proceeds of Collateral after the Discharge of First Lien Obligations has occurred and the Discharge of Second Lien Obligations has
occurred, subject to any reinstatement of the First Lien Obligations and/or the Second Lien Obligations under Section 6.04; (f) file any necessary responsive or defensive pleadings in opposition to any motion, claim, adversary proceeding or
other pleading made by any person objecting to or otherwise seeking the disallowance of the claims of the Second Lien Secured Parties or Third Lien Secured Parties, as applicable, including any claims secured by the 

  
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Collateral; (g) vote on any plan of reorganization, make other filings and make any arguments and motions that, in each case, do not contravene the terms of this Agreement, including, without
limitation, Sections 6.05(c) and (d); (h) bid at any Section 363 hearing or with respect to any other Collateral disposition; provided that (i) in the case of the Second Lien Secured Parties (x) prior to the Discharge of First Lien
Priority Obligations, such bid results in the Discharge of First Lien Priority Obligations as a condition to such disposition and concurrently with the consummation thereof, to the extent that the Discharge of First Lien Obligations has not
previously occurred, (y) after the Discharge of First Lien Priority Obligations and prior to the Discharge of Excess First Lien Obligations, such bid results in the Discharge of Excess First Lien Obligations as a condition to such disposition and
concurrently with the consummation thereof and (ii) in the case of the Third Lien Secured Parties, such bid results in the Discharge of First Lien Obligations and the Discharge of Second Lien Obligations as a condition to such disposition and
concurrently with the consummation thereof, to the extent that the Discharge of First Lien Obligations or the Discharge of Second Lien Obligations has not previously occurred; (i) accelerate the maturity of, or demand as immediately due and payable,
all or any part of the Second Lien Obligations or Third Lien Obligations; (j) commence, continue or participate in any judicial, arbitral or other proceeding (whether under state, local, federal or foreign law) against any Credit Party (including
any Insolvency or Liquidation Proceeding) to enforce any of the payment obligations of any Credit Party, under or in connection with the Second Lien Obligations or the Second Lien Debt Documents or the Third Lien Obligations or the Third Lien Debt
Document, in each case, so long as such action is not otherwise for the enforcement of any Lien in, or otherwise seeks possession of, any of the Collateral or any Proceeds thereof; (k) charge interest at the default rate pursuant to the terms of the
Second Lien Debt Documents or the Third Lien Debt Documents; (l) deliver any notice of default or event of default under any of the Second Lien Debt Documents or the Third Lien Debt Documents; (m) institute or maintain any suit or action solely to
prevent the running of any applicable statute of limitation or any other similar restriction on claims; (n) assert a compulsory crossclaim or counterclaim against any of the Credit Parties as long as such action is not otherwise for the enforcement
against any of the Collateral; (o) institute or maintain any action to seek and obtain specific performance or injunctive relief to compel the Credit Parties to comply with (or not violate or breach) an obligation under the Second Lien Debt
Documents, as long as such action is not otherwise an enforcement action against or in respect of the Collateral; (p) in the case of the Second Lien Secured Parties, enforce the terms of this Agreement or any subordination agreement with regards to
any indebtedness or other obligation subordinated to the Second Lien Obligations (including the Third Lien Obligations); (q) receive and retain Permitted Reorganization Securities, subject to Section 6.10; and/or (r) act in its capacity as an
unsecured creditor to the extent provided in Section 5.04. 
 SECTION 3.04. Voting. With respect to any remedies to be
taken by the Secured Parties with respect to the Collateral and all other matters relating to the Collateral or the First Lien Debt Documents, the First Lien Collateral Agent shall take direction and comply with the instructions of the Required
First Lien Secured Parties. With respect to all matters relating to the Collateral or the Second Lien Debt Documents, subject to the terms of the Second Lien Collateral Trust Agreement, the Second Lien Collateral Agent shall take direction from
the Second Lien Secured Parties in the manner set forth in the Second Lien Collateral Trust Agreement, to the extent not in violation of this Agreement. 

  
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 ARTICLE IV 

Payments 
 SECTION
4.01. Application of Proceeds. After an Event of Default has occurred and until such Event of Default is cured or waived, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Credit Party, the
Collateral or Proceeds thereof or any Proceeds received in connection with the sale or other disposition of, or collection on, such Collateral upon the exercise of remedies, or in connection with any Insolvency or Liquidation Proceeding, including
in connection with a sale of Collateral pursuant to Section 363 of the Bankruptcy Code or a plan pursuant to Chapter 11 of the Bankruptcy Code, shall be applied in accordance with the following waterfall: 

(i) First, on a pro rata basis, to pay fees, expenses and indemnities (including, but not limited to, fees, expenses and
disbursements of legal counsel) of the Collateral Agents, each Representative and each L/C Issuer (other than letter of credit reimbursement obligations) due and payable under the Secured Debt Documents; 

(ii) Second, to the First Lien Collateral Agent to the payment of any First Lien Priority Obligations to be applied in
accordance with the First Lien Collateral Documents until the Discharge of First Lien Priority Obligations has occurred; 

(iii) Third, to the Second Lien Collateral Agent to the payment of any Second Lien Priority Obligations to be applied in
accordance with the Second Lien Collateral Documents until the Discharge of Second Lien Priority Obligations has occurred; 

(iv) Fourth, to the First Lien Collateral Agent to the payment of any Excess First Lien Obligations to be applied in
accordance with the First Lien Collateral Documents until the Discharge of Excess First Lien Obligations has occurred; 
 (v)
Fifth, to the Second Lien Collateral Agent to the payment of any Excess Second Lien Obligations to be applied in accordance with the Second Lien Collateral Documents until the Discharge of Excess Second Lien Obligations has occurred; 

(vi) Sixth, on a pro rata basis to the payment of any of the Third Lien Obligations then outstanding; and 

(vii) Seventh, any remaining proceeds to the Credit Parties or as a court of competent jurisdiction may direct. 

After an Event of Default has occurred and until such Event of Default is cured or waived, so long as the Discharge of First Lien Obligations
has not occurred and the Discharge of Second Lien Obligations has not occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against the Credit Party, any non-cash Collateral or Proceeds received in connection
with the sale or other disposition of, or collection on, Collateral may be held by or on behalf of the Controlling Collateral Agent or any Priority Secured Party as Collateral and upon conversion to cash be distributed as set forth in the above
waterfall. 

  
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 Upon the Discharge of First Lien Priority Obligations, the First Lien Collateral Agent shall
deliver promptly to the Second Lien Collateral Agent any Collateral or Proceeds thereof held by it in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct, to be applied by the
Second Lien Collateral Agent to the Second Lien Priority Obligations in accordance with this Agreement and in such order as specified in the relevant Second Lien Debt Documents. 

Upon the Discharge of Second Lien Priority Obligations, the Second Lien Collateral Agent shall deliver promptly to the First Lien Collateral
Agent any Collateral or Proceeds thereof held by it in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct, to be applied by the First Lien Collateral Agent to the Excess First
Lien Obligations in accordance with this Agreement and in such order as specified in the relevant First Lien Debt Documents. 
 Upon the
Discharge of Excess First Lien Obligations, the First Lien Collateral Agent shall deliver promptly to the Second Lien Collateral Agent any Collateral or Proceeds thereof held by it in the same form as received, with any necessary endorsements, or as
a court of competent jurisdiction may otherwise direct, to be applied by the Second Lien Collateral Agent to the Excess Second Lien Obligations in accordance with this Agreement and in such order as specified in the relevant Second Lien Debt
Documents. 
 Upon the Discharge of First Lien Obligations and the Discharge of Second Lien Obligations, the Second Lien Collateral Agent
shall deliver promptly to the Third Lien Collateral Agent any Collateral or Proceeds thereof held by it in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct, to be applied by the
Third Lien Collateral Agent to the Third Lien Obligations in such order as specified in the relevant Third Lien Debt Documents. 
 Whenever
a Collateral Agent or a Representative shall be required, in connection with the exercise of its rights or the performance of its obligations hereunder, to determine the existence or amount of any First Lien Priority Obligations, Excess First Lien
Obligations, Second Lien Priority Obligations, Excess Second Lien Obligations or Third Lien Obligations or the existence of any Lien securing any such obligations, or the Collateral subject to any such Lien, it may request that such information be
furnished to it by Foresight in an Officer’s Certificate, and the requesting Collateral Agent or Representative shall be entitled to make such determination on the basis of the Officer’s Certificate so furnished. 

SECTION 4.02. Payment Over. (a) Unless and until the Discharge of First Lien Priority Obligations has occurred, whether
or not any Insolvency or Liquidation Proceeding has been commenced by or against any of the Credit Parties, any Collateral and any Proceeds thereof received by the Second Lien Collateral Agent, the Third Lien Collateral Agent or any Second Lien
Secured Party or Third Lien Secured Party in connection with the exercise of any right or remedy (including setoff) against the Collateral, in contravention of this Agreement, shall be segregated and held in trust for the benefit of and forthwith
paid over to the First Lien Collateral Agent for the benefit of the First Lien Secured Parties in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct. The First Lien
Collateral Agent is hereby authorized to make any such endorsements as agent for the 

  
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Second Lien Collateral Agent, the Third Lien Collateral Agent or any such Second Lien Secured Party or Third Lien Secured Party. This authorization is coupled with an interest and is
irrevocable. After the Discharge of First Lien Priority Obligations has occurred, unless and until the Discharge of Second Lien Priority Obligations has occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or
against any of the Credit Parties, any Collateral and Proceeds thereof received by the First Lien Collateral Agent, the Third Lien Collateral Agent or any First Lien Secured Party or Third Lien Secured Party in connection with the exercise of any
right or remedy (including setoff) against the Collateral, in contravention of this Agreement, shall be segregated and held in trust for the benefit of and forthwith paid over to the Second Lien Collateral Agent for the benefit of the Second Lien
Secured Parties in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct. The Second Lien Collateral Agent is hereby authorized to make any such endorsements as agent for the
First Lien Collateral Agent, the Third Lien Collateral Agent or any such First Lien Secured Party or Third Lien Secured Party. This authorization is coupled with an interest and is irrevocable. 

(b) After the Discharge of First Lien Priority Obligations has occurred and the Discharge of Second Lien Priority Obligations has occurred,
unless and until the Discharge of Excess First Lien Obligations has occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any of the Credit Parties, any Collateral and Proceeds thereof received by the
Second Lien Collateral Agent, the Third Lien Collateral Agent or any Second Lien Secured Party or Third Lien Secured Party in connection with the exercise of any right or remedy (including setoff) against the Collateral, in contravention of this
Agreement, shall be segregated and held in trust for the benefit of and forthwith paid over to the First Lien Collateral Agent for the benefit of the First Lien Secured Parties in the same form as received, with any necessary endorsements, or as a
court of competent jurisdiction may otherwise direct. The First Lien Collateral Agent is hereby authorized to make any such endorsements as agent for the Second Lien Collateral Agent, the Third Lien Collateral Agent or any such First Lien Secured
Party or Third Lien Secured Party. This authorization is coupled with an interest and is irrevocable. 
 (c) From and after the
Discharge of First Lien Obligations unless and until the Discharge of Excess Second Lien Obligations has occurred, whether or not any Insolvency or Liquidation Proceeding has been commenced by or against any of the Credit Parties, any Collateral and
Proceeds thereof received by any Third Lien Representative or any Third Lien Secured Party in connection with the exercise of any right or remedy (including setoff) against the Collateral, in contravention of this Agreement, shall be segregated and
held in trust for the benefit of and forthwith paid over to the Second Lien Collateral Agent for the benefit of the Second Lien Secured Parties in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction
may otherwise direct. The Second Lien Collateral Agent is hereby authorized to make any such endorsements as agent for the Third Lien Collateral Agent or any such Third Lien Secured Party. This authorization is coupled with an interest and
is irrevocable. 

  
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 ARTICLE V 

Other Agreements 
 SECTION
5.01. Releases. (a) The Second Lien Collateral Agent, the Third Lien Collateral Agent, and each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and
each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, agrees that: 

(i) if in connection with any exercise of any of the First Lien Secured Parties’ rights or remedies in respect of the
Collateral or any other disposition in any Insolvency or Liquidation Proceeding, including pursuant to the entry of a court order authorizing such sale, transfer or other disposition pursuant to Section 363 of the Bankruptcy Code or a confirmed plan
under Chapter 11 of the Bankruptcy Code, in each case prior to the Discharge of First Lien Obligations, the First Lien Collateral Agent, for itself or on behalf of any of the First Lien Secured Parties, releases any of its Liens on any part of the
Collateral or the First Lien Collateral Agent, for itself or on behalf of any of the First Lien Secured Parties, releases any Guarantor from its obligations under its Guarantee of the First Lien Obligations; provided that (x) the Proceeds received
in connection with such exercise are applied in accordance with Section 4.01 or (y) if the Proceeds received in connection with such exercise are not applied in accordance with Section 4.01, the Liens securing the First Lien Obligations, the Second
Lien Obligations and the Third Lien Obligations shall attach to the Proceeds of such Collateral with the lien priority set forth in this Agreement; or 

(ii) if in the event of a sale, transfer or other disposition of any specified item of Collateral (including all or
substantially all of the equity interests of any Subsidiary of Foresight), as permitted pursuant to the terms of the First Lien Debt Documents or otherwise consented to by the First Lien Secured Parties (other than a disposition addressed in (i)
above), the First Lien Collateral Agent, for itself and on behalf of the First Lien Secured Parties, releases any of its Liens on any part of the Collateral or the First Lien Collateral Agent for itself and on behalf of any of the First Lien Secured
Parties, releases any Guarantor from its obligations under its Guarantee of the First Lien Obligations; provided that, in each case, the Proceeds of such sale, transfer or other disposition are applied as required under the First Lien Debt Documents
to (x) repay First Lien Priority Obligations or (y) be reinvested in the manner and to the extent described therein; provided that if the Proceeds of such sale, transfer or other disposition are not applied to repay First Lien Priority Obligations,
the Liens securing the First Lien Obligations, the Second Lien Obligations and the Third Lien Obligations shall attach to the Proceeds of such of Collateral with the lien priority set forth in this Agreement; or 

then, with respect to clauses (i) and (ii) above, (x) the Liens of the Second Lien Collateral Agent, for itself or for the benefit of the Second
Lien Secured Parties, and the Liens, if any, of the Third Lien Collateral Agent, for itself or for the benefit of the Third Lien Secured Parties, on such Collateral shall be automatically, unconditionally and simultaneously released and terminated,
as applicable, to the same extent that the First Lien Collateral Agent has released and terminated the First Priority Liens in such Collateral, and (y) any Guarantor released from its obligations under 

  
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its Guarantee of First Lien Obligations by the First Lien Collateral Agent shall be concurrently released under its Guarantee of the Second Lien Obligations and the Third Lien Obligations,
automatically and without any further action, and the Second Lien Collateral Agent and the Third Lien Collateral Agent shall take any steps reasonably required (including at the request of the First Lien Collateral Agent) to effectuate the foregoing
termination and release at Foresight’s sole cost and expense. Promptly upon delivery to the Second Lien Collateral Agent or the Third Lien Collateral Agent of a written direction from the First Lien Collateral Agent stating that any such
termination and release of Liens securing the First Lien Obligations will occur, the Second Lien Collateral Agent, for itself and on behalf of the Second Lien Secured Parties, and the Third Lien Collateral Agent, for itself and on behalf of the
Third Lien Secured Parties, shall execute and deliver, at Foresight’s or the other Guarantor’s sole cost and expense, to the First Lien Collateral Agent such termination statements, releases and other documents (including documents which
are corresponding junior lien versions of termination statements, releases and other documents that the First Lien Collateral Agent delivers under the First Lien Credit Agreement to the extent applicable) so as to confirm the foregoing releases
referred to in clauses (i) and (ii) of the first sentence of this clause (a) when such First Lien Collateral Agent’s releases occur. Nothing in this Section 5.01(a) will be deemed to affect any agreement of (x) the
Second Lien Collateral Agent or any Second Lien Representative, for itself and on behalf of the Second Lien Secured Parties under its Second Lien Debt Facility, to release the Liens on the Second Lien Collateral as set forth in the relevant Second
Lien Debt Documents or (y) the Third Lien Collateral Agent or any Third Lien Representative, for itself and on behalf of the Third Lien Secured Parties under its Third Lien Debt Facility, to release the Liens on the Third Lien Collateral as set
forth in the relevant Third Lien Debt Documents. 
 (b) The Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien
Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, hereby
irrevocably constitutes and appoints the First Lien Collateral Agent and any officer, employee or agent of the First Lien Collateral Agent, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and
authority in the place and stead of the Second Lien Collateral Agent, the Third Lien Collateral Agent, such Second Lien Representative, such Third Lien Representative or any other Second Lien Secured Party or Third Lien Secured Party and in the
First Lien Collateral Agent’s own name, from time to time in the First Lien Collateral Agent’s discretion, for the purpose of carrying out the terms of Section 5.01(a), to take any and all appropriate action and to execute any and
all documents and instruments that may be necessary or desirable to accomplish the purposes of Section 5.01(a), including any termination statements, endorsements or other instruments of transfer or release. 

(c) [Reserved.] 
 (d)
Notwithstanding anything to the contrary in any Second Lien Debt Document or Third Lien Debt Document, in the event the terms of a First Lien Collateral Document, on the one hand, and a Second Lien Collateral Document or a Third Lien Collateral
Document, on the other hand, each require any Credit Party (i) to make payment in respect of any item of Collateral, (ii) to deliver or afford control over any item of Collateral to, or deposit any item of Collateral with, (iii) to register
ownership of any item of Collateral in the name of or make an 

  
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assignment of ownership of any Collateral or the rights thereunder to, (iv) cause any securities intermediary, commodity intermediary or other Person acting in a similar capacity to agree to
comply, in respect of any item of Collateral, with instructions or orders from, or to treat, in respect of any item of Collateral, as the entitlement holder, (v) hold any item of Collateral in trust for (to the extent such item of Collateral cannot
be held in trust for multiple parties under applicable law), (vi) obtain the agreement of a bailee or other third party to hold any item of Collateral for the benefit of or subject to the control of or, in respect of any item of Collateral, to
follow the instructions of or (vii) obtain the agreement of a landlord with respect to access to leased premises where any item of Collateral is located or waivers or subordination of rights with respect to any item of Collateral in favor of, in any
case, any First Lien Secured Party, on the one hand, and any Second Lien Secured Party or Third Lien Secured Party, on the other hand, such Credit Party may, until the Discharge of First Lien Obligations has occurred, comply with such requirement
under the Second Lien Collateral Documents and the Third Lien Collateral Documents as it relates to such Collateral by taking any of the actions set forth above only with respect to, or in favor of, the First Lien Collateral Agent. Until the
Discharge of First Lien Obligations occurs, to the extent that the First Lien Collateral Agent or First Lien Secured Parties (i) have released any Lien on Collateral or any Guarantor from its Obligation under its guaranty and any such Liens or
guaranty are later reinstated or (ii) obtain any new Liens or additional Guarantees from any Guarantor, then (x) the Second Lien Collateral Agent, for itself and the Second Lien Secured Parties, shall be granted a Lien on any such Collateral,
subject to the lien subordination provisions of this Agreement, and each Second Lien Representative, for itself and for the Second Lien Secured Parties represented by it, shall be granted an additional guaranty, as the case may be and (y) the Third
Lien Collateral Agent, for itself and the Third Lien Secured Parties, shall be granted a Lien on any such Collateral, subject to the lien subordination provisions of this Agreement and each Third Lien Representative, for itself and for the Third
Lien Secured Parties represented by it, shall be granted an additional guaranty, as the case may be. 
 (e) The Third Lien Collateral Agent
and each Third Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt Facility, agrees that: 

(i) if in connection with any exercise of any of the Second Lien Secured Parties’ rights or remedies in respect of the
Collateral or any other disposition in any Insolvency or Liquidation Proceeding, including pursuant to the entry of a court order authorizing such sale, transfer or other disposition pursuant to Section 363 of the Bankruptcy Code or a confirmed plan
under Chapter 11 of the Bankruptcy Code, in each case prior to the Discharge of Second Lien Obligations, the Second Lien Collateral Agent, for itself or on behalf of any of the Second Lien Secured Parties, releases any of its Liens on any part of
the Collateral or the Second Lien Collateral Agent, for itself or on behalf of any of the Second Lien Secured Parties, releases any Guarantor from its obligations under its Guarantee of the Second Lien Obligations, provided that (x) the Proceeds
received in connection with such exercise are applied in accordance with Section 4.01 or (y) if the Proceeds received in connection with such exercise are not applied in accordance with Section 4.01, the Liens securing the Second Lien Obligations
and the Third Lien Obligations shall attach to the Proceeds of such Collateral with the lien priority set forth in this Agreement; or 

(ii) if in the event of a sale, transfer or other disposition of any specified item of Collateral (including all or
substantially all of the equity interests of any Subsidiary of Foresight), as permitted pursuant to the terms of the Second Lien Debt Documents or otherwise consented to by the Second Lien Secured Parties (other than a disposition addressed in (i)
above), the Second Lien Collateral Agent, for itself and on behalf of the Second Lien Secured Parties, releases any of its Liens on any part of the Collateral or the Second Lien Collateral Agent for itself and on behalf of any of the Second Lien
Secured Parties, releases any Guarantor from its obligations under its Guarantee of the Second Lien Obligations; provided that, in each case, (x) the Proceeds of such sale, transfer or other disposition are applied in accordance with the Second Lien
Debt Document or (y) if the Proceeds of such sale, transfer or other disposition are not applied in accordance with the Second Lien Debt Documents, the Liens securing the Second Lien Obligations and the Third Lien Obligations shall attach to the
Proceeds of such of Collateral with the lien priority set forth in this Agreement; 

  
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 then, with respect to clauses (i) to (ii) above, (x) the Liens, if any, of the Third Lien
Collateral Agent, for itself or for the benefit of the Third Lien Secured Parties on such Collateral shall be automatically, unconditionally and simultaneously released and terminated, as applicable, to the same extent that the Second Lien
Collateral Agent has released and terminated the Second Priority Liens in such Collateral, and (y) and any Guarantor released from its obligations under its Guarantee of the Second Lien Obligations by the Second Lien Collateral Agent shall be
concurrently released under its Guarantee of the Third Lien Obligations, automatically and without any further action, and the Third Lien Collateral Agent shall take any steps reasonably required (including at the request of the Second Lien
Collateral Agent) to effectuate the foregoing termination and release at Foresight’s sole cost and expense. Promptly upon delivery to the Third Lien Collateral Agent of a written direction from the Second Lien Collateral Agent stating that
any such termination and release of Liens securing the Second Lien Obligations will occur, the Third Lien Collateral Agent, for itself and on behalf of the Third Lien Secured Parties, shall execute and deliver, at Foresight’s or the other
Guarantor’s sole cost and expense, to the Second Lien Collateral Agent such termination statements, releases and other documents (including documents which are corresponding third lien versions of termination statements, releases and other
documents that the Second Lien Collateral Agent delivers under the Second Lien Credit Agreement to the extent applicable) so as to confirm the foregoing releases referred to in clauses (i) and (ii) of this clause (e) when such
Second Lien Collateral Agent’s releases occur. Nothing in this Section 5.01(e) will be deemed to affect any agreement of a Third Lien Representative, for itself and on behalf of the Third Lien Secured Parties, to release the Liens
on the Third Lien Collateral as set forth in the relevant Third Lien Debt Documents. 
 (f) The Third Lien Collateral Agent and each Third
Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt Facility, hereby irrevocably constitutes and appoints the Second Lien Collateral Agent and any officer, employee or agent of the Second Lien
Collateral Agent, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Third Lien Collateral Agent, Third Lien Representative or such Third Lien Secured
Party and in the Second Lien Collateral Agent’s own name, from time to time in the Second Lien Collateral Agent’s discretion, for the purpose of carrying out the terms of Section 5.01(e), to take any and all appropriate action and
to execute any and all documents and instruments that may be necessary or desirable to accomplish the purposes of Section 5.01(e), including any termination statements, endorsements or other instruments of transfer or release. 

  
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 (g) [Reserved]. 

(h) Notwithstanding anything to the contrary in any Third Lien Debt Document, in the event the terms of a Second Lien Collateral Document and
a Third Lien Collateral Document each require any Credit Party (i) to make payment in respect of any item of Collateral, (ii) to deliver or afford control over any item of Collateral to, or deposit any item of Collateral with, (iii) to register
ownership of any item of Collateral in the name of or make an assignment of ownership of any Collateral or the rights thereunder to, (iv) cause any securities intermediary, commodity intermediary or other Person acting in a similar capacity to agree
to comply, in respect of any item of Collateral, with instructions or orders from, or to treat, in respect of any item of Collateral, as the entitlement holder, (v) hold any item of Collateral in trust for (to the extent such item of Collateral
cannot be held in trust for multiple parties under applicable law), (vi) obtain the agreement of a bailee or other third party to hold any item of Collateral for the benefit of or subject to the control of or, in respect of any item of Collateral,
to follow the instructions of or (vii) obtain the agreement of a landlord with respect to access to leased premises where any item of Collateral is located or waivers or subordination of rights with respect to any item of Collateral in favor of, in
any case, both the Second Lien Collateral Agent and the Third Lien Collateral Agent, any Second Lien Representative, any Third Lien Representative, any other Second Lien Secured Party or any other Third Lien Secured Party, such Credit Party may, so
long as the Discharge of First Lien Obligations has occurred, until the Discharge of Second Lien Obligations has occurred, comply with such requirement under the Third Lien Collateral Document as it relates to such Collateral by taking any of the
actions set forth above only with respect to, or in favor of, the Second Lien Collateral Agent. From and after the Discharge of First Lien Obligations and until the Discharge of Second Lien Obligations occurs, to the extent that the Second Lien
Collateral Agent or Second Lien Secured Parties (i) have released any Lien on Collateral or any Guarantor from its obligation under its guaranty and any such Liens or guaranty are later reinstated or (ii) obtain any new liens or additional
guarantees from any Guarantor, then the Third Lien Collateral Agent, for itself and for the Third Lien Secured Parties represented by it, shall be granted a Lien on any such Collateral, subject to the lien subordination provisions of this Agreement,
and each Third Lien Representative, for itself and for the Third Lien Secured Parties represented by it, shall be granted an additional guaranty, as the case may be. 

SECTION 5.02. Insurance and Condemnation Awards. (x) Except otherwise agreed in the First Lien Loan Documents, unless and
until the Discharge of First Lien Obligations has occurred, the First Lien Collateral Agent and the First Lien Secured Parties and (y) from and after the Discharge of First Lien Obligations unless and until the Discharge of Second Lien Obligations
has occurred, the Second Lien Collateral Agent and the Second Lien Secured Parties shall have the sole and exclusive right, subject to the rights of the Credit Parties under, and to the extent required by, and subject to any limitations in, the
applicable First Liens Debt Documents and Second Lien Debt Documents, (a) to be named as additional insured and loss payee under any insurance policies maintained from time to time by any Credit Parties (except that, if the applicable insurer
permits, the Second Lien Collateral Agent and the Third Lien Collateral Agent shall have the right to be named as an additional insured so long as its second lien status or third 

  
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lien status, as the case may be, is identified in a manner reasonably satisfactory to the First Lien Collateral Agent), (b) adjust settlement for any insurance policy covering the Collateral in
the event of any loss thereunder and (c) to approve any award granted in any condemnation or similar proceeding affecting the Collateral. All proceeds of any such policy and any such award, if in respect of the Collateral, shall be paid (i)
first, prior to the occurrence of the Discharge of First Lien Priority Obligations, to the First Lien Collateral Agent for the benefit of the First Lien Secured Parties pursuant to the terms of the First Lien Debt Documents, (ii)
second, after the occurrence of the Discharge of First Lien Priority Obligations, to the Second Lien Collateral Agent for the benefit of the Second Lien Secured Parties pursuant to the terms of the applicable Second Lien Debt Documents until
the Discharge of the Second Lien Priority Obligations shall have occurred, (iii) third, after the occurrence of the Discharge of First Lien Priority Obligations and the Discharge of Second Lien Priority Obligations, to the First Lien
Collateral Agent for the benefit of the First Lien Secured Parties pursuant to the terms of the First Lien Debt Documents until the Discharge of Excess First Lien Obligations shall have occurred, (iv) fourth, after the occurrence of the
Discharge of First Lien Priority Obligations, the Discharge of Second Lien Priority Obligations and the Discharge of Excess First Lien Obligations, to the Second Lien Collateral Agent for the benefit of the Second Lien Secured Parties pursuant to
the terms of the applicable Second Lien Debt Documents until the Discharge of Excess Second Lien Obligations shall have occurred, (v) fifth, after the occurrence of the Discharge of First Lien Obligations and the Discharge of Second Lien
Obligations to the Third Lien Collateral Agent for the benefit of the Third Lien Secured Parties pursuant to the terms of the applicable Third Lien Debt Documents and (vi) sixth, if no Third Lien Obligations are outstanding, to the owners of
the subject property, or such other Person as may be entitled thereto or as a court of competent jurisdiction may otherwise direct. If the Second Lien Collateral Agent, the Third Lien Collateral Agent or any other Second Lien Secured Party or Third
Lien Secured Party shall, at any time, receive any proceeds of any such insurance policy or any such award in contravention of this Agreement, it shall pay such proceeds over to the Controlling Collateral Agent for application in accordance with the
terms of this Section 5.02. 
 SECTION 5.03. Amendments to Debt Documents. (a) The First Lien Debt Documents
may be amended, restated, supplemented or otherwise modified in accordance with their terms, and the Indebtedness under the First Lien Debt Documents may be Refinanced, in each case, without the consent of any Second Lien Secured Party or Third Lien
Secured Party; provided, however, that, without the consent of the Second Lien Collateral Agent and the Third Lien Collateral Agent, no such amendment, restatement, supplement, modification or Refinancing (or successive
amendments, restatements, supplements, modifications or Refinancings) shall (i) add (or make more restrictive with respect to any applicable covenant as of the date hereof with respect to the payment of the Second Lien Obligations or the Third Lien
Obligations) any direct and express restriction specifically on the payment of the Second Lien Obligations or Third Lien Obligations that by its express terms conflicts with an express provision of this Agreement (or, in the case of an existing
covenant or restriction with respect to the payment of the Second Lien Obligations or Third Lien Obligations, that is more restrictive than the scope of such covenant or provision as of the date hereof), (ii) reduce the capacity to incur Obligations
constituting Second Lien Obligations under the Second Lien Debt Documents to an amount less than the amount of the Second Lien Obligations outstanding on the Closing Date plus all interest paid-in-kind in respect thereof after the Closing Date or
(iii) contravene the provisions of this Agreement. 

  
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 (b) Without the prior written consent of the Required First Lien Secured Parties on at least 10
Business Days’ prior notice to the First Lien Representatives, or unless permitted under the First Lien Debt Documents, unless and until the Discharge of First Lien Obligations has occurred, (x) no Second Lien Debt Document may be amended,
restated, supplemented or otherwise modified and no Indebtedness under the Second Lien Debt Documents may be Refinanced, to the extent such amendment, restatement, supplement or modification or Refinancing, or the terms of such new Second Lien Debt
Document, would (i) contravene the provisions of this Agreement or any of the First Lien Debt Documents, (ii) change to earlier dates any scheduled dates for payment of principal (including the final maturity date) under such Second Lien Debt
Document, (iii) modify (or have the effect of a modification of) the mandatory prepayment provisions of the applicable Second Lien Debt Document for such Second Lien Debt Facility in a manner that would result in the weighted average life to
maturity being less than the weighted average life to maturity of the Second Lien Obligations under such Second Lien Debt Document prior to giving effect thereto, (iv) reduce the capacity to incur Obligations constituting First Lien Obligations, in
each case, under the First Lien Debt Documents on the day of any such amendment, restatement, supplement, modification or Refinancing; provided that the holders (and their representatives) of any such Refinancing indebtedness execute a
Joinder Agreement or otherwise bind themselves in writing to the terms of this Agreement, (v) increase the principal amount of the Second Lien Exchangeable PIK Notes, the Second Lien Secured Notes or any Replacement Second Lien Debt in respect
thereof in excess of the amount permitted under the First Lien Credit Agreement (it being understood that interest shall be permitted to be paid-in-kind at all times), (vi) increase the applicable margin or similar component of the interest rate or
yield applicable to any Obligations in respect of Second Lien Indenture Documents and any Replacement Second Lien Debt Document with respect thereto that is required to be paid in cash by more than 3% per annum (excluding increases resulting from
the accrual of interest at the default rate) or (vii) change any default or Event of Default thereunder in a manner adverse to the First Lien Secured Parties (other than to eliminate any such Event of Default or increase any grace period related
thereto or otherwise make such Event of Default or condition less restrictive or burdensome on any Credit Parties); and (y) no Second Lien Debt Document may be amended, restated, supplemented or otherwise modified to the extent such amendment,
supplement or modification, or the terms of any new Second Lien Debt Document, would be prohibited by, or would require any Credit Party to act or refrain from acting in a manner that would violate, any of the terms of this Agreement. 

(c) The Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each
Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, agrees that each Second Lien Collateral Document and Third
Lien Collateral shall include the following language (or language to similar effect reasonably approved by the First Lien Collateral Agent): 

“Notwithstanding anything herein to the contrary, (i) the liens and security interests granted to the [Second] [Third]
Lien Collateral Agent pursuant to this Agreement on the Collateral (as defined in the Intercreditor Agreement referred to below) are expressly subject and subordinate to the liens and security interests granted in favor of the First Lien Secured
Parties [and The Second Lien Secured Parties] (as defined in the Intercreditor Agreement referred to below), including 

  
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liens and security interests granted to Citibank, N.A., as collateral agent, pursuant to or in connection with the Third Amended and Restated Credit Agreement, dated as of August 30, 2016, among
Foresight Energy LLC, the lenders from time to time party thereto, Citibank, N.A., as administrative agent and collateral agent, and the other parties thereto, as further amended, restated, amended and restated, extended, supplemented or otherwise
modified from time to time and (ii) the exercise of any right or remedy by the [Second Lien Collateral Agent] [Third Lien Collateral Agent] hereunder is subject to the limitations and provisions of the Intercreditor Agreement (Notes) dated as of
August 30, 2016 (as amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), among Foresight Energy LLC, Foresight Energy Finance Corporation, Citibank, N.A., as administrative agent
and first lien collateral agent, Wilmington Savings Fund Society, FSB, as second lien collateral agent and the other parties thereto. In the event of any conflict between the terms of the Intercreditor Agreement and the terms of this Agreement,
the terms of the Intercreditor Agreement shall govern.” 
 In addition, each Second Lien Mortgage and Third Lien Mortgage covering any Collateral shall
contain such other language as the First Lien Collateral Agent may reasonably request to reflect the subordination of the liens granted pursuant to such Second Lien Mortgage and Third Lien Mortgage to the First Lien Collateral Document covering such
Collateral, to extent set forth in this Agreement. Foresight shall have the obligation of ensuring that each Second Lien Collateral Document and each Third Lien Collateral Document satisfies the requirements of this Section 5.03(c), and none
of the Second Lien Collateral Agent, the Third Lien Collateral Agent, any Second Lien Representative or any Third Lien Representative shall have the duty or responsibility for ensuring or verifying that any Second Lien Collateral Document or any
Third Lien Collateral Document satisfies the requirements of this Section 5.03(c). 
 (d) Without the prior written consent of
(a) the Required First Lien Secured Parties on at least 10 Business Days’ prior notice to the First Lien Representatives, or unless permitted under the First Lien Debt Documents, unless and until the Discharge of First Lien Obligations has
occurred and (b) the Second Lien Collateral Agent on at least 10 Business Days’ prior notice to the Second Lien Collateral Agent, or unless permitted under the Second Lien Debt Documents, unless and until the Discharge of Second Lien
Obligations has occurred, (x) no Third Lien Debt Document may be amended, restated, supplemented or otherwise modified and no Indebtedness under the Third Lien Debt Documents may be Refinanced, to the extent such amendment, restatement, supplement
or modification or Refinancing, or the terms of such new Third Lien Debt Document, would (i) contravene the provisions of this Agreement or any of the First Lien Debt Documents or the Second Lien Debt Documents, (ii) change to earlier dates any
scheduled dates for payment of principal (including the final maturity date) under such Third Lien Debt Document or of interest on Indebtedness under such Third Lien Debt Document, (iii) modify (or have the effect of a modification of) the mandatory
prepayment provisions of the applicable Third Lien Debt Document for such Third Lien Debt Facility in a manner that would result in the weighted average life to maturity being less than the weighted average life to maturity of the Third Lien
Obligations under such Third Lien Debt Document prior to giving effect thereto, (iv) reduce the capacity to incur (A) Obligations constituting First Lien Obligations, in each case, under the First Lien Debt Documents or (B) Obligations constituting

  
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Second Lien Obligations, (v) increase the principal amount of the Third Lien Obligations or Replacement Third Lien Debt in excess of the amount permitted under the First Lien Debt Documents or
the Second Lien Debt Documents, (vi) increase the applicable margin or similar component of the interest rate or yield applicable to any Obligations in respect of Third Lien Debt Documents and any Replacement Third Lien Debt Document with respect
thereto by more than 3% per annum (excluding increases resulting from the accrual of interest at the default rate), (vii) change any default or event or default thereunder in a manner adverse to the Credit Parties thereunder (other than to eliminate
any such event of default or increase any grace period related thereto or otherwise make such event of default or condition less restrictive or burdensome on any Credit Parties), (viii) increase materially the obligations of the obligor thereunder
or to confer any additional material rights on the lenders (or holders, as the case may be) under the Third Lien Debt Facilities (or a representative on their behalf) which would be adverse to any Credit Party, First Lien Secured Parties or Second
Lien Secured Parties; and (y) no Third Lien Debt Document may be amended, restated, supplemented or otherwise modified to the extent such amendment, supplement or modification, or the terms of any new Third Lien Debt Document, would be prohibited
by, or would require any Credit Party to act or refrain from acting in a manner that would violate, any of the terms of this Agreement. 

(e) Foresight shall deliver to each Collateral Agent copies of (i) any amendments, supplements or other modifications to the Secured Debt
Documents and (ii) any new Secured Debt Documents promptly after effectiveness thereof. 
 SECTION 5.04. Rights as Unsecured
Creditors. The Second Lien Secured Parties and the Third Lien Secured Parties may exercise rights and remedies as unsecured creditors in accordance with the terms of the Second Lien Debt Documents or Third Lien Debt Documents, respectively,
and applicable law so long as such rights and remedies do not violate any express provision of this Agreement and the Second Lien Secured Parties or the Third Lien Secured Parties are not prohibited from taking such action under the express terms of
this Agreement (including, without limitation, the prohibitions set forth in Sections 6.01, 6.05, and 6.08). Nothing in this Agreement shall prohibit the receipt by any Second Lien Secured Party or Third Lien Secured Party of principal, premium,
interest, fees and other amounts due under the Second Lien Debt Documents or Third Lien Debt Documents, respectively; provided that (x) prior to the Discharge of First Lien Priority Obligations, to the extent any Second Lien Secured Party or Third
Lien Secured Party receives such amounts in connection with the exercise of any right or remedy (including setoff) against the Collateral or in connection with any sale, transfer or other disposition of any Collateral, such amounts shall be subject
to Section 4.02, (y) after the Discharge of First Lien Priority Obligations and the Discharge of Second Lien Priority Obligations and prior to the Discharge of Excess First Lien Obligations to the extent any Second Lien Secured Party receives such
amounts in connection with the exercise of any right or remedy (including setoff) against the Collateral or in connection with any sale, transfer or other disposition of any Collateral, such amounts shall be subject to Section 4.02 and (z) the
extent any Third Lien Secured Party receives such amounts prior to the Discharge of First Lien Obligations and the Discharge of Second Lien Obligations in connection with the exercise of any right or remedy (including setoff) against the Collateral
or in connection with any sale, transfer or other disposition of any Collateral, such amounts shall be subject to Section 4.02. The Second Lien Collateral Agent, acting pursuant to the terms of the Second Lien Collateral Trust Agreement, may disavow
or disclaim the Liens securing the Second Lien Obligations in full or in part and 

  
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the Second Lien Secured Parties may act in their capacities as unsecured creditors in respect thereof. In the event any Secured Party becomes a judgment Lien creditor in respect of Collateral as
a result of its enforcement of its rights as an unsecured creditor in respect of its Obligations, such judgment Lien shall be subordinated on the same basis as the other Liens securing such Obligations are so subordinated to Liens securing any other
Obligations under this Agreement. 
 SECTION 5.05. Gratuitous Bailee for Perfection. (a) The Controlling Collateral
Agent acknowledges and agrees that if it shall at any time hold a Lien securing any of the Second Lien Obligations on any Collateral that can be perfected by the possession or control of such Collateral or of any account in which such Collateral is
held, and if such Collateral or any such account is in fact in the possession or under the control of the Controlling Collateral Agent, or of agents or bailees of such Person (such Collateral being referred to herein as the “Pledged or
Controlled Collateral”), or if it shall any time obtain any landlord waiver or bailee’s letter or any similar agreement or arrangement granting it rights or access to Collateral, the Controlling Collateral Agent shall also hold such
Pledged or Controlled Collateral, or take such actions with respect to such landlord waiver, bailee’s letter or similar agreement or arrangement, as sub-agent or gratuitous bailee for the other Collateral Agents, in each case solely for the
purpose of perfecting the Liens granted under the relevant Second Lien Collateral Documents or Third Lien Collateral Documents, as applicable. 

(b) Except as otherwise specifically provided herein, until the Discharge of First Lien Obligations has occurred, the First Lien Collateral
Agent and the First Lien Secured Parties shall be entitled to deal with and administer the Pledged or Controlled Collateral in accordance with the terms of the First Lien Debt Documents without notice to the Second Lien Collateral Agent or Third
Lien Collateral Agent. The rights of the Second Lien Collateral Agent and the Second Lien Secured Parties with respect to the Pledged or Controlled Collateral shall at all times be subject to the terms of this Agreement. 

(c) Except as otherwise specifically provided herein, from and after the Discharge of First Lien Obligations until the Discharge of Second
Lien Obligations has occurred, the Second Lien Collateral Agent and the Second Lien Secured Parties shall be entitled to deal with the Pledged or Controlled Collateral in accordance with the terms of the Second Lien Debt Documents without notice to
the Third Lien Collateral Agent. The rights of the Third Lien Collateral Agent and the Third Lien Secured Parties with respect to the Pledged or Controlled Collateral shall at all times be subject to the terms of this Agreement. 

(d) No Priority Secured Parties shall have any obligation whatsoever to any Second Lien Secured Party or Third Lien Secured Party to assure
that any of the Pledged or Controlled Collateral is genuine or owned by the Credit Parties or to protect or preserve rights or benefits of any Person or any rights pertaining to the Collateral, except as expressly set forth in this Section
5.05. The duties or responsibilities of the Controlling Collateral Agent, under this Section 5.05 shall be limited solely to holding or controlling the Collateral and the related Liens referred to in paragraphs (a) and
(b) of this Section 5.05 as sub-agent and gratuitous bailee for the other Collateral Agent(s) for purposes of perfecting the Lien held by the other Collateral Agent(s). 

  
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 (e) The First Lien Collateral Agent shall not have by reason of the Second Lien Debt Documents,
the Third Lien Debt Documents or this Agreement, or any other document, a fiduciary relationship in respect of any Second Lien Secured Party or any Third Lien Secured Party, and the Second Lien Collateral Agent, the Third Lien Collateral Agent, each
Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility,
hereby waives and releases the First Lien Collateral Agent from all claims and liabilities arising pursuant to the First Lien Collateral Agent’s roles under this Section 5.05 as sub-agents and gratuitous bailees with respect to the
Collateral. 
 (f) The Second Lien Collateral Agent shall not have by reason of the Third Lien Debt Documents or this Agreement, or any
other document, a fiduciary relationship in respect of any Third Lien Secured Party, and the Third Lien Collateral Agent and each Third Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt
Facility, hereby waives and releases the Second Lien Collateral Agent from all claims and liabilities arising pursuant to the Second Lien Collateral Agent’s roles under this Section 5.05 as sub-agents and gratuitous bailees with respect
to the Collateral. 
 (g) Upon the Discharge of First Lien Obligations, the First Lien Collateral Agent shall, at Foresight’s sole cost
and expense, (i) (A) deliver to the Second Lien Collateral Agent, all Collateral and Proceeds thereof held or controlled by the First Lien Collateral Agent or any of its agents or bailees, including the transfer of possession and control, as
applicable, of the Pledged or Controlled Collateral, together with any necessary endorsements and notices to depositary banks, securities intermediaries and commodities intermediaries, and assign its rights under any landlord waiver or bailee’s
letter or any similar agreement or arrangement granting it rights or access to Collateral, or (B) direct and deliver such Collateral as a court of competent jurisdiction may otherwise direct, and (ii) at the request of the Second Lien Collateral
Agent, (A) notify any applicable insurance carrier that it is no longer entitled to be a loss payee or additional insured under the insurance policies of any Credit Party issued by such insurance carrier and (B) notify any governmental authority
involved in any condemnation or similar proceeding involving any Credit Party that the Second Lien Collateral Agent is entitled to approve any awards granted in such proceeding. The Credit Parties shall take such further action as is required
to effectuate the transfer contemplated hereby and shall indemnify each of the Collateral Agents and each Secured Party for loss or damage suffered by it as a result of such transfer, except for loss or damage suffered by any such Person as a result
of its own willful misconduct or gross negligence. Neither the First Lien Collateral Agent nor any other First Lien Secured Party shall have any obligation to follow instructions from the Second Lien Collateral Agent, the Third Lien Collateral
Agent or any other Second Lien Secured Party or Third Lien Secured Party in contravention of this Agreement. Neither the Second Lien Collateral Agent nor any other Second Lien Secured Party shall have any obligation to follow instructions from
the Third Lien Collateral Agent or any other Third Lien Secured Party in contravention of this Agreement. 
 (h) Neither the First Lien
Collateral Agent nor any of the other First Lien Secured Parties shall be required to marshal any present or future collateral security for any obligations of any Credit Party to the First Lien Collateral Agent or any First Lien Secured Party under
the First 

  
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Lien Debt Documents or any assurance of payment in respect thereof, or to resort to such collateral security or other assurances of payment in any particular order, and all of their rights in
respect of such collateral security or any assurance of payment in respect thereof shall be cumulative and in addition to all other rights, however existing or arising. 

SECTION 5.06. When Discharge of Obligations Deemed To Not Have Occurred. Upon receipt of notice of a Refinancing of First
Lien Obligations or Second Lien Obligations (including the identity of any new First Lien Collateral Agent or the Second Lien Collateral Agent, as applicable), each Person party hereto shall promptly (a) enter into such documents and agreements,
including amendments or supplements to this Agreement, as Foresight or such new Collateral Agent shall reasonably request in writing in order to provide the new First Lien Collateral Agent or the Second Lien Collateral Agent, as applicable the
rights of a the First Lien Collateral Agent or Second Lien Collateral Agent, as applicable contemplated hereby, (b) to the extent that such Refinancing is in respect of the First Lien Obligations, deliver to such First Lien Collateral Agent or, to
the extent that the Discharge of First Lien Obligations has occurred and such Refinancing is in respect of the Second Lien Obligations, such Second Lien Collateral Agent, to the extent that it is legally permitted to do so, all Collateral and
Proceeds thereof held or controlled by the Second Lien Collateral Agent, Third Lien Collateral Agent or any of their respective agents or bailees (to the extent applicable), including the transfer of possession and control, as applicable, of the
Pledged or Controlled Collateral, together with any necessary endorsements and notices to depositary banks, securities intermediaries and commodities intermediaries, and assign its rights under any landlord waiver or bailee’s letter or any
similar agreement or arrangement granting it rights or access to Collateral, (c) notify any applicable insurance carrier that it is no longer entitled to be a loss payee or additional insured under the insurance policies of any Guarantor issued by
such insurance carrier and (d) notify any governmental authority involved in any condemnation or similar proceeding involving any Credit Party that the new First Lien Collateral Agent or Second Lien Collateral Agent, as applicable, is entitled to
approve any awards granted in such proceeding; provided that any reasonable costs or other expenses (including fees, expenses and disbursements of legal counsel) incurred in connection with clauses (a) to (d) above shall be the
exclusive responsibility of the Credit Parties. 
 SECTION 5.07. Purchase Right. Without prejudice to the enforcement of
the First Lien Secured Parties’ remedies, the First Lien Secured Parties agree that following (a) the occurrence and during the continuation of an Event of Default (as defined in the First Lien Credit Agreement without giving effect to any
amendment thereto during the continuation of such Event of Default) under any First Lien Debt Document or (b) the commencement of an Insolvency or Liquidation Proceeding (each of clauses (a) and (b), a “Purchase Event”), within
thirty (30) days of the Purchase Event (provided that, in the case of clause (a) of the definition of “Purchase Event”, such 30-day period shall be deemed to have commenced upon the occurrence of an Event of Default under any First Lien
Debt Document but the expiration of such 30-day period shall be tolled until such time as the Second Lien Collateral Agent receives written notice of such Event of Default from any Person (a “Purchase Event Notice”), at which time
such 30-day period shall reset and commence), the Required Second Lien Debtholders (as defined in the Second Lien Collateral Trust Agreement) may request (provided that after fifteen (15) days of the Purchase Event, one or more of the Second Lien
Secured Parties may request), and the First Lien Secured Parties hereby offer such Persons the option to purchase all, but not less than all, of the 

  
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aggregate amount of outstanding First Lien Obligations (including unfunded commitments under any First Lien Debt Document) outstanding at the time of purchase, at par, and, in the case of any
First Lien Obligations under any Secured Hedge Agreement or Permitted Secured Commodity Swap Contract, the amount that would be payable by the relevant Credit Party thereunder if such Credit Party were to terminate such Secured Hedge Agreement
and/or Permitted Secured Commodity Swap Contract on the date of the purchase or, if not terminated an amount determined by the relevant First Lien Secured Party to be necessary to collateralize its credit risk arising out of such agreement and, if
applicable, the Cash Collateral to be furnished to the First Lien Secured Parties providing Letters of Credit under the First Lien Debt Documents in such amounts (not to exceed 105% thereof) as such First Lien Secured Party determines is reasonably
necessary to secure such First Lien Secured Party in connection with any such outstanding and undrawn letters of credit), without warranty or representation or recourse (except for representations and warranties required to be made by assigning
lenders pursuant to the Assignment and Assumption (as such term is defined in the First Lien Credit Agreement)), but, in each case, excluding any early termination fee, prepayment premium, prepayment fee or other similar fee payable pursuant to the
First Lien Debt Documents. If such right is exercised, the parties shall endeavor to close promptly thereafter but in any event within ten (10) Business Days of the request. If one or more of the Second Lien Secured Parties exercise such
purchase right, it shall be exercised pursuant to customary Loan Syndications & Trading Association documentation and terms. If none of the Second Lien Secured Parties exercise such right, the First Lien Secured Parties shall have no
further obligations pursuant to this Section 5.07 for such Purchase Event and may take any further actions in their sole discretion in accordance with the First Lien Debt Documents and this Agreement. Each First Lien Secured Party will
retain all rights to indemnification provided in the relevant First Lien Debt Document for all claims relating to period prior to the purchase of the First Lien Obligations pursuant to this Section 5.07. 

SECTION 5.08. No Interference. (a) Prior to the Discharge of First Lien Priority Obligations, the Second Lien Collateral
Agent, each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, hereby agrees that it and each of the other Second Lien Secured Parties will not support, take or cause to be
taken any action the purpose or effect of which is, or reasonably could be expected, to make any Lien on the Collateral securing the Second Lien Obligations pari passu with, or give any Second Lien Secured Party any preference or priority on
account of its Second Lien Obligations relative to, any Lien on the Collateral or any part thereof securing the First Lien Priority Obligations. 

(b) After the Discharge of First Lien Priority Obligations and prior to the Discharge of Second Lien Priority Obligations, the First Lien
Collateral Agent, each First Lien Representative, for itself and on behalf of each First Lien Secured Party under its First Lien Debt Facility, hereby agrees that it and each of the other First Lien Secured Parties will not support, take or cause to
be taken any action the purpose or effect of which is, or reasonably could be expected, to make any Lien on the Collateral securing the Excess First Lien Obligations pari passu with, or give any First Lien Secured Party any preference or
priority on account of its Excess First Lien Obligations relative to, any Lien on the Collateral or any part thereof securing the Second Lien Priority Obligations. 

(c) After the Discharge of First Lien Priority Obligations and the Discharge of Second Lien Priority Obligations and prior to the Discharge of
Excess First Lien Obligations, the 

  
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Second Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, hereby agrees that it and each of
the other Second Lien Secured Parties will not support, take or cause to be taken any action the purpose or effect of which is, or reasonably could be expected, to make any Lien on the Collateral securing the Excess Second Lien Obligations pari
passu with, or give any Second Lien Secured Party any preference or priority on account of its Excess Second Lien Obligations relative to, any Lien on the Collateral or any part thereof securing the Excess First Lien Obligations. 

(d) Prior to the Discharge of First Lien Obligations and the Discharge of Second Lien Obligations, the Third Lien Collateral Agent, each Third
Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt Facility, hereby agrees that it and each of the other Third Lien Secured Parties will not support, take or cause to be taken any action the
purpose or effect of which is, or reasonably could be expected, to make any Lien on the Collateral securing the Third Lien Obligations pari passu with, or give any Third Lien Secured Party any preference or priority on account of its Third
Lien Obligations relative to, any Lien on the Collateral or any part thereof securing the First Lien Obligations or the Second Lien Obligations. 

(e) Prior to the Discharge of First Lien Obligations, the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien
Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, hereby
agrees that it and each of the other Second Lien Secured Parties and Third Lien Secured Parties, as applicable: 
 (i) will
not challenge or question in any proceeding the validity or enforceability of any First Lien Obligations or First Lien Debt Document, or the validity or enforceability of the priorities, rights or duties established by the provisions of this
Agreement; 
 (ii) will not assert and hereby waives, to the fullest extent permitted by law, any right to demand, request,
plead or otherwise assert or claim the benefit of any marshalling, appraisal, valuation or other similar right that may be available under applicable law with respect to the Collateral; 

(iii) will not institute any suit or assert in any suit or Insolvency or Liquidation Proceeding any claim against the First
Lien Collateral Agent or other First Lien Secured Party seeking damages from or other relief by way of specific performance, instructions or otherwise with respect to, and neither the First Lien Collateral Agent nor any other First Lien Secured
Party shall be liable for, any action taken or omitted to be taken by the First Lien Collateral Agent or other First Lien Secured Party with respect to any Collateral; 

(iv) will not seek, and hereby waives any right, to have any Collateral or any part thereof marshaled upon any foreclosure or
other disposition of such Collateral or support, take or cause to be taken any action that could otherwise reasonably be expected 

  
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to result in an impairment of the Administrative Agent’s, the First Lien Collateral Agent’s or any of the First Lien Secured Party’s rights or interests under the First Lien Credit
Agreement, the First Lien Collateral Documents, and this Agreement; and 
 (v) will not attempt, directly or indirectly,
whether by judicial proceedings or otherwise, to challenge the enforceability of any provision of this Agreement. 
 (f) Prior to the
Discharge of Second Lien Obligations, the Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, hereby agrees that it and each of the other Third
Lien Secured Parties: 
 (i) will not challenge or question in any proceeding the validity or enforceability of any Second
Lien Obligations or Second Lien Debt Document, or the validity or enforceability of the priorities, rights or duties established by the provisions of this Agreement; 

(ii) will not assert and hereby waives, to the fullest extent permitted by law, any right to demand, request, plead or
otherwise assert or claim the benefit of any marshalling, appraisal, valuation or other similar right that may be available under applicable law with respect to the Collateral; 

(iii) will not institute any suit or assert in any suit or Insolvency or Liquidation Proceeding any claim against the Second
Lien Collateral Agent or other Second Lien Secured Party seeking damages from or other relief by way of specific performance, instructions or otherwise with respect to, and neither the Second Lien Collateral Agent nor any other Second Lien Secured
Party shall be liable to any of the Third Lien Secured Parties for, any action taken or omitted to be taken by the Second Lien Collateral Agent or other Second Lien Secured Party with respect to any Collateral; 

(iv) will not seek, and hereby waives any right, to have any Collateral or any part thereof marshaled upon any foreclosure or
other disposition of such Collateral or support, take or cause to be taken any action that could otherwise reasonably be expected to result in an impairment of the Second Lien Collateral Agent’s or any other Second Lien Secured Party’s s
rights or interests under any Second Lien Debt Document and this Agreement; and 
 (v) will not attempt, directly or
indirectly, whether by judicial proceedings or otherwise, to challenge the enforceability of any provision of this Agreement. 
 ARTICLE VI

 Insolvency or Liquidation Proceedings. 

SECTION 6.01. Financing Issues. (a) Until the Discharge of First Lien Priority Obligations has occurred, if any Credit Party shall be
subject to any Insolvency or Liquidation Proceeding and the First Lien Collateral Agent or any other First Lien Secured Party shall desire to consent (or not object) to the use or lease of cash or other Collateral or to consent (or not 

  
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object) to any Credit Party’s obtaining financing under Section 363 or Section 364 of the Bankruptcy Code or any similar provision of any other Bankruptcy Law (“DIP
Financing”), then the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien
Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that it will raise no objection to and will not otherwise contest (i) such use or lease of such cash or other Collateral, unless
the First Lien Collateral Agent or any other First Lien Secured Party shall oppose or object to such use or lease of such Collateral (in which case, no Second Lien Secured Party or Third Lien Secured Party shall seek any relief in connection
therewith that is inconsistent with the relief being sought by the First Lien Secured Parties), (ii) such DIP Financing, unless the First Lien Collateral Agent or any other First Lien Secured Party shall oppose or object to such DIP Financing and,
to the extent the Liens securing any First Lien Obligations are subordinated or pari passu with such DIP Financing, will subordinate (and will be deemed hereunder to have subordinated) its Liens in the Collateral to (A) such DIP Financing
(and all obligations relating thereto) on the same basis as the Liens securing the Second Lien Obligations or Third Lien Obligations, as applicable, are so subordinated to Liens securing First Lien Obligations under this Agreement, (B) any adequate
protection Liens provided to the First Lien Secured Parties, and (C) any “carve-out” for professional and United States Trustee fees agreed to by the First Lien Secured Parties; provided that, in the case of this clause (ii), the
outstanding principal amount of any such DIP Financing, plus the unfunded commitments under such DIP Financing, does not exceed an amount equal to (A) the amount of any First Lien Obligations outstanding immediately prior to such Insolvency or
Liquidation Proceeding that constitute First Lien Priority Obligations pursuant to clause (i) of the definition of Maximum First Lien Debt Amount and that are Refinanced or “rolled-up” with the proceeds of such DIP Financing plus (B) 15%
of the First Lien Obligations outstanding immediately prior to such Insolvency or Liquidation Proceeding that constitute First Lien Priority Obligations pursuant to clause (i) of the definition of Maximum First Lien Debt Amount plus (C) $15.0
million solely to pay the costs and expenses of any Credit Party incurred in connection with the retention of professionals and the payment of adequate protection (this proviso, the “DIP Cap”) (provided that the DIP Cap shall not
apply to any Credit Party’s DIP Financing that is incurred at a time when neither any Second Lien Exchangeable PIK Notes nor any Second Lien Secured Notes, in each case outstanding as of the Closing Date (plus interest paid-in-kind in respect
thereof after the Closing Date), remain outstanding) or (iii) any motion for relief from the automatic stay or from any injunction against foreclosure or enforcement in respect of First Lien Obligations made by any the First Lien Collateral Agent or
any other First Lien Secured Party; provided that, in the case of the foregoing clauses (i) and (ii), (x) such DIP Financing or use of cash or other Collateral does not compel any Credit Party to seek confirmation of a specific plan of
reorganization, (y) the Credit Parties shall have (A) complied with all applicable statutory notice requirements under Bankruptcy Law and provided the Second Lien Secured Parties with a reasonable time period to review and comment on the definitive
documentation for the DIP Financing or the cash collateral order (or equivalent) or (B) if Bankruptcy Law does not provide for any such statutory notice periods in connection with such DIP Financing or use of cash or other Collateral, the Credit
Parties shall have used reasonable efforts to notify the Second Lien Secured Parties of the date of the hearing to approve such DIP Financing or cash collateral order (or equivalent) and commercially reasonable efforts to provide to the Second Lien
Secured Parties drafts of the definitive documentation for the DIP Financing 

  
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or the cash collateral order (or equivalent) at least three (3) days in advance thereof and (z) the Second Lien Secured Parties and the Third Lien Secured Parties may request adequate protection
in accordance with Section 6.03. No Second Lien Secured Party nor Third Lien Secured Party may provide DIP Financing to any Credit Party secured by Liens equal or senior in priority to the Liens securing any First Lien Priority Obligations.
If no First Lien Secured Party offers to provide DIP Financing to the extent permitted under this Section 6.01 after the Credit Parties provide the First Lien Secured Parties with an opportunity to provide such DIP Financing (and consult with
the First Lien Secured Parties for a reasonable period of time with respect to such DIP Financing), then a Second Lien Secured Party or, subject to clause (b) below, a Third Lien Secured Party, may seek to provide such DIP Financing secured by Liens
junior in priority to the Liens securing any First Lien Priority Obligations (and in the case of any such DIP Financing provided by a Third Lien Secured Party, secured by Liens junior in priority to the Liens securing the Second Lien Obligations),
and First Lien Secured Parties may object thereto; provided, further, that such DIP Financing may not “roll-up” or otherwise include or refinance any pre-petition Second Lien Obligations unless the Discharge of First Lien Priority
Obligations occurs immediately upon the initial closing thereof or Third Lien Obligations. Notwithstanding anything in this Agreement to the contrary, if one or more Second Lien Secured Parties desires to provide DIP Financing to any of the Credit
Parties, the First Lien Secured Parties shall not object to or contest such DIP Financing so long as such DIP Financing results in the Discharge of First Lien Priority Obligations immediately upon consummation of such DIP Financing. 

(b) From and after the Discharge of First Lien Obligations until the Discharge of Second Lien Obligations has occurred, if any Credit Party
shall be subject to any Insolvency or Liquidation Proceeding and the Second Lien Collateral Agent or any other Second Lien Secured Party shall desire to consent (or not object) to the use or lease of cash or other Collateral or to consent (or not
object) to any Credit Party’s obtaining DIP Financing, then the Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that it will
raise no objection to and will not otherwise contest (i) such use or lease of such cash or other Collateral, unless the Second Lien Collateral Agent or any other Second Lien Secured Party shall oppose or object to such use or lease of such
Collateral (in which case, no Third Lien Secured Party shall seek any relief in connection therewith that is inconsistent with the relief being sought by the Second Lien Secured Parties), (ii) such DIP Financing, unless the Second Lien Collateral
Agent or any other Second Lien Secured Party shall oppose or object to such DIP Financing and, to the extent the Liens securing any Second Lien Obligations are subordinated or pari passu with such DIP Financing, will subordinate (and will be deemed
hereunder to have subordinated) its Liens in the Collateral to (A) such DIP Financing (and all obligations relating thereto) on the same basis as the Liens securing the Third Lien Obligations are so subordinated to Liens securing Second Lien
Obligations under this Agreement, (B) any adequate protection Liens provided to the First Lien Secured Parties, and (C) any “carve-out” for professional and United States Trustee fees agreed to by the First Lien Secured Parties or (iii)
any motion for relief from the automatic stay or from any injunction against foreclosure or enforcement in respect of Second Lien Obligations made by any the First Lien Collateral Agent or any other First Lien Secured Party; provided that, in
the case of the foregoing clauses (i) and (ii), (x) such DIP Financing or use of cash or other Collateral does not compel any Credit Party to seek confirmation of a specific plan of reorganization, (y) the Credit Parties shall have (A) complied with
all applicable statutory notice requirements under Bankruptcy Law and provided the Third Lien Secured Parties with a 

  
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reasonable time period to review and comment on the definitive documentation for the DIP Financing or the cash collateral order (or equivalent) or (B) if Bankruptcy Law does not provide for any
such statutory notice periods in connection with such DIP Financing or use of cash or other Collateral, the Credit Parties shall have used reasonable efforts to notify the Third Lien Secured Parties of the date of the hearing to approve such DIP
Financing or cash collateral order (or equivalent) and commercially reasonable efforts to provide to the Third Lien Secured Parties drafts of the definitive documentation for the DIP Financing or the cash collateral order (or equivalent) at least
three (3) days in advance thereof and (z) the Third Lien Secured Parties may request adequate protection in accordance with Section 6.03. No Third Lien Secured Party may provide DIP Financing to any Credit Party secured by Liens equal or senior in
priority to the Liens securing any Second Lien Obligations. 
 SECTION 6.02. Relief from the Automatic Stay. Until the Discharge of
First Lien Obligations has occurred, the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third
Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or
take any action in derogation thereof, in each case in respect of any Collateral, without the prior written consent of the Required First Lien Secured Parties. From and after the Discharge of First Lien Obligations until the Discharge of Second Lien
Obligations has occurred, the Third Lien Collateral Agent and each Third Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that none of them shall seek relief from the
automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Collateral, without the prior written consent of the Second Lien Collateral Agent. 

SECTION 6.03. Adequate Protection. (a) The Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien
Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each agrees
that none of them shall (i) object, contest or support any other Person objecting to or contesting (A) any request by the First Lien Collateral Agent or any other First Lien Secured Party for adequate protection, (B) any objection by the First Lien
Collateral Agent or any First Lien Secured Party to any motion, relief, action or proceeding based on any First Lien Secured Party’s claiming a lack of adequate protection or (C) the payment of interest, fees, expenses or other amounts of the
First Lien Collateral Agent or any other First Lien Secured Party under Section 506(b) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law or (ii) assert or support any claim for costs or expenses of preserving or disposing
of any Collateral under Section 506(c) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law. 
 (b) The Third Lien
Collateral Agent and each Third Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that none of them shall (i) object, contest or support any other Person objecting to or
contesting (A) any request by the Second Lien Collateral Agent or any other Second Lien Secured Party for adequate protection, (B) any objection by the Second Lien Collateral Agent or any Second Lien

  
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Secured Party to any motion, relief, action or proceeding based on any Second Lien Secured Party’s claiming a lack of adequate protection or (C) the payment of interest, fees, expenses or
other amounts of the Second Lien Collateral Agent or any other Second Lien Secured Party under Section 506(b) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law or (ii) assert or support any claim for costs or expenses of
preserving or disposing of any Collateral under Section 506(c) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law. 

(c) Notwithstanding anything contained in this Section 6.03 or in Section 6.01, in any Insolvency or Liquidation Proceeding, (x)
if the First Lien Secured Parties (or any subset thereof) are granted adequate protection in the form of additional collateral or superpriority claims in connection with any DIP Financing or use of cash collateral under Section 363 or 364 of the
Bankruptcy Code or any similar provision of any other Bankruptcy Law, then each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf
of itself and each Third Lien Secured Party under its Third Lien Debt Facility, may seek or request adequate protection in the form of a replacement Lien or superpriority claim or both on such additional collateral, which (i) Lien is subordinated to
the Liens securing all First Lien Obligations, and in the case of the Third Lien Secured Parties and any Third Lien Debt Facility, all Second Lien Obligations, and such DIP Financing (and all obligations relating thereto), on the same basis as the
other Liens securing the Second Lien Obligations or Third Lien Obligations, as applicable, are so subordinated to the Liens securing First Lien Obligations and Second Lien Obligations under this Agreement and (ii) superpriority claim is subordinated
to all superpriority claims of the First Lien Secured Parties and, in the case of the claims of the Third Lien Secured Parties, the Second Lien Secured Parties, on the same basis as the other claims of the Second Lien Secured Parties and/or the
Third Lien Secured Parties, as applicable are so subordinated to the claims of the First Lien Secured Parties and Second Lien Obligations under this Agreement and, in each case, subject to any carve-out agreed to by the First Lien Secured Parties
and (y) if the First Lien Collateral Agent and the other First Lien Secured Parties are provided with adequate protection in the form of the payment of professional fees and professional expenses under Section 506(b) of the Bankruptcy Code or any
similar provision of any other Bankruptcy Law, the Second Lien Collateral Agent and the other Second Lien Secured Parties may request the same. 

(d) In the event each Second Lien Representative, for itself or on behalf of the Second Lien Secured Parties under its Second Lien Debt
Facilities, as otherwise permitted herein, seeks or requests adequate protection and such adequate protection is granted (in each instance, to the extent such grant is otherwise permissible under the terms and conditions of this Agreement) in the
form of additional or replacement collateral, then such Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facilities, as otherwise permitted herein, agrees that the First Lien
Collateral Agent shall also be granted a Lien on such additional or replacement collateral as security for the First Lien Obligations and any such DIP Financing and that any Lien on such additional or replacement collateral securing the Second Lien
Obligations shall be subordinated to the Liens on such collateral securing the First Lien Obligations and any such DIP Financing (and all obligations relating thereto) and any other Liens granted to the First Lien Secured Parties as adequate
protection on the same basis as the other Liens securing the Second Lien Obligations are so subordinated to such Liens securing First Lien Obligations under this Agreement (and, to the 

  
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extent the First Lien Secured Parties are not granted such adequate protection in such form, any amounts recovered by or distributed to any Second Lien Secured Party pursuant to or as a result of
any Lien on such additional or replacement collateral so granted to the Second Lien Secured Parties shall be subject to Section 4.02). 

(e) In the event any Third Lien Representative, for itself or on behalf of the Third Lien Secured Parties under its Third Lien Debt
Facilities, as otherwise permitted herein, seeks or requests adequate protection and such adequate protection is granted (in each instance, to the extent such grant is otherwise permissible under the terms and conditions of this Agreement) in the
form of additional or replacement collateral, then such Third Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt Facilities, agrees that the First Lien Collateral Agent and the Second Lien
Collateral Agent shall also be granted a senior Lien on such additional or replacement collateral as security for the First Lien Obligations and the Second Lien Obligations and any such DIP Financing and that any Lien on such additional or
replacement collateral securing the Third Lien Obligations shall be subordinated to the Liens on such collateral securing the First Lien Obligations, the Second Lien Obligations and any such DIP Financing (and all obligations relating thereto) and
any other Liens granted to the First Lien Secured Parties and the Second Lien Secured Parties as adequate protection on the same basis as the other Liens securing the Third Lien Obligations are so subordinated to such Liens securing First Lien
Obligations and the Second Lien Obligations, as applicative, under this Agreement (and, to the extent the First Lien Secured Parties or Second Lien Secured Parties are not granted such adequate protection in such form, any amounts recovered by or
distributed to any Third Lien Secured Party pursuant to or as a result of any Lien on such additional or replacement collateral so granted to the Third Lien Secured Parties shall be subject to Section 4.02). 

(f) In the event any Second Lien Representative, for itself or on behalf of the Second Lien Secured Parties under its Second Lien Debt
Facilities, seeks or requests adequate protection and such adequate protection is granted (in each instance, to the extent such grant is otherwise permissible under the terms and conditions of this Agreement) in the form of a superpriority claim,
then such Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facilities, agrees that the First Lien Collateral Agent may also seek adequate protection in the form of a superpriority
claim and that no Second Lien Secured Party shall contest the granting of such adequate protection in such form, which superpriority claim shall be senior to the superpriority claim of the Second Lien Secured Parties (and, to the extent the First
Lien Secured Parties are not granted such adequate protection in such form, any amounts recovered by or distributed to any Second Lien Secured Party pursuant to or as a result of any such superpriority claim so granted to the Second Lien Secured
Parties shall be subject to Section 4.02). 
 (g) In the event the Third Lien Collateral Agent (on behalf of any of the Third Lien
Secured Parties) or any Third Lien Representative, for itself or on behalf of the Third Lien Secured Parties under its Third Lien Debt Facilities, seeks or requests adequate protection and such adequate protection is granted (in each instance, to
the extent such grant is otherwise permissible under the terms and conditions of this Agreement) in the form of a superpriority claim, then the Third Lien Collateral Agent and each Third Lien Representative, for itself and on behalf of each Third
Lien Secured Party under its Third Lien Debt Facilities, each agrees that the 

  
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First Lien Collateral Agent, the Second Lien Collateral Agent, the other First Lien Secured Parties and the other Second Lien Secured Parties may also seek adequate protection in the form of a
superpriority claim and that no Third Lien Secured Party shall contest the granting of such adequate protection in such form, which superpriority claim shall be senior to the superpriority claim of the Third Lien Secured Parties (and, to the extent
the First Lien Secured Parties or Second Lien Secured Parties are not granted such adequate protection in such form, any amounts recovered by or distributed to any Third Lien Secured Party pursuant to or as a result of any such superpriority claim
so granted to the Third Lien Secured Parties shall be subject to Section 4.02). 
 SECTION 6.04. Reinstatement. (a) If any
First Lien Secured Party is required in any Insolvency or Liquidation Proceeding or otherwise to disgorge, turn over or otherwise pay any amount in respect of First Lien Priority Obligations to the estate of any Credit Party (or any trustee,
receiver or similar Person therefor), because the payment of such amount is declared to be subordinated (equitably or otherwise), set aside, avoided, invalidated, disallowed, fraudulent or preferential in any respect or for any other reason, any
amount (a “First Lien Priority Obligations Recovery”), whether received as proceeds of security, enforcement of any right of setoff or otherwise, then the First Lien Priority Obligations shall be reinstated to the extent of such
First Lien Priority Obligations Recovery and deemed to be outstanding as if such payment had not occurred and the First Lien Secured Parties shall be entitled to all of the benefits of this Agreement until a Discharge of First Lien Priority
Obligations with respect to all such recovered amounts. If this Agreement shall have been terminated prior to such First Lien Priority Obligations Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination
shall not diminish, release, discharge, impair or otherwise affect the obligations of the parties hereto. The Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each Second
Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each hereby agrees that if a First Lien Priority Obligations
Recovery shall have occurred, to promptly pay or remit to the First Lien Collateral Agent in respect of First Lien Priority Obligations any payment or distribution received by it in respect of any Collateral prior to such First Lien Priority
Obligations Recover until the Discharge of First Lien Priority Obligations shall have occurred and that no Second Lien Secured Party nor any Third Lien Secured Party shall be entitled to benefit from any avoidance action or other recovery affecting
or otherwise relating to any distribution or allocation made in accordance with this Agreement, whether by preference or otherwise, it being understood and agreed that the benefit of such avoidance action otherwise allocable to them shall instead be
allocated and turned over for application in accordance with the priorities set forth in this Agreement. 
 (b) If, after the Discharge of
First Lien Priority Obligations shall have occurred, any Second Lien Secured Party is required in any Insolvency or Liquidation Proceeding or otherwise to disgorge, turn over or otherwise pay any amount in respect of Second Lien Priority Obligations
to the estate of any Credit Party (or any trustee, receiver or similar Person therefor), because the payment of such amount is declared to be subordinated (equitably or otherwise), set aside, avoided, invalidated, disallowed, fraudulent or
preferential in any respect or for any other reason, any amount (a “Second Lien Priority Obligations Recovery”), whether received as proceeds of security, enforcement of any right of setoff or otherwise, then the Second Lien
Priority Obligations shall be reinstated to the extent of such Second Lien Priority Obligations 

  
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Recovery and deemed to be outstanding as if such payment had not occurred and the Second Lien Secured Parties shall be entitled to all of the benefits of this Agreement until a Discharge of
Second Lien Priority Obligations with respect to all such recovered amounts. If this Agreement shall have been terminated prior to such Second Lien Priority Obligations Recovery, this Agreement shall be reinstated in full force and effect, and such
prior termination shall not diminish, release, discharge, impair or otherwise affect the obligations of the parties hereto. The First Lien Collateral Agent, the Third Lien Collateral Agent, each First Lien Representative, for itself and on behalf of
each First Lien Secured Party under its First Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each hereby agrees that if a Second Lien Priority
Obligations Recovery shall have occurred, to promptly pay or remit to the Second Lien Collateral Agent in respect of Second Lien Priority Obligations any payment or distribution received by it in respect of any Collateral prior to such Second Lien
Priority Obligations Recover until the Discharge of Second Lien Priority Obligations shall have occurred and that no First Lien Secured Party nor any Third Lien Secured Party shall be entitled to benefit from any avoidance action or other recovery
affecting or otherwise relating to any distribution or allocation made in accordance with this Agreement, whether by preference or otherwise, it being understood and agreed that the benefit of such avoidance action otherwise allocable to them shall
instead be allocated and turned over for application in accordance with the priorities set forth in this Agreement. 
 (c) If, after the
Discharge of First Lien Priority Obligations and the Discharge of Second Lien Priority Obligations shall have occurred, any First Lien Secured Party is required in any Insolvency or Liquidation Proceeding or otherwise to disgorge, turn over or
otherwise pay any amount in respect of Excess First Lien Obligations to the estate of any Credit Party (or any trustee, receiver or similar Person therefor), because the payment of such amount is declared to be subordinated (equitably or otherwise),
set aside, avoided, invalidated, disallowed, fraudulent or preferential in any respect or for any other reason, any amount (an “Excess First Lien Obligations Recovery”), Excess First Lien Obligations shall be reinstated to the
extent of such Excess First Lien Obligations Recovery and deemed to be outstanding as if such payment had not occurred and the First Lien Secured Parties shall be entitled to all of the benefits of this Agreement until a Discharge of Excess First
Lien Obligations with respect to all such recovered amounts. If this Agreement shall have been terminated prior to such Excess First Lien Obligations Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination
shall not diminish, release, discharge, impair or otherwise affect the obligations of the parties hereto. The Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each Second
Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each hereby agrees that if an Excess First Lien Obligations
Recovery shall have occurred, to promptly pay or remit to the First Lien Collateral Agent in respect of Excess First Lien Obligations any payment or distribution received by it in respect of any Collateral prior to such Excess First Lien Obligations
Recovery until the Discharge of Excess First Lien Obligations shall have occurred and that no Second Lien Secured Party nor any Third Lien Secured Party shall be entitled to benefit from any avoidance action or other recovery affecting or otherwise
relating to any distribution or allocation made in accordance with this Agreement, whether by preference or otherwise, it being understood and agreed that the benefit of such avoidance action otherwise allocable to them shall instead be allocated
and turned over for application in accordance with the priorities set forth in this Agreement. 

  
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 (d) If, after the Discharge of First Lien Obligations and the Discharge of Second Lien Priority
Obligations shall have occurred, any Second Lien Secured Party is required in any Insolvency or Liquidation Proceeding or otherwise to disgorge, turn over or otherwise pay any amount in respect of Excess Second Lien Obligations to the estate of any
Credit Party (or any trustee, receiver or similar Person therefor), because the payment of such amount is declared to be subordinated (equitably or otherwise), set aside, avoided, invalidated, disallowed, fraudulent or preferential in any respect or
for any other reason, any amount (an “Excess Second Lien Obligations Recovery”), Excess Second Lien Obligations shall be reinstated to the extent of such Excess Second Lien Obligations Recovery and deemed to be outstanding as if
such payment had not occurred and the Second Lien Secured Parties shall be entitled to all of the benefits of this Agreement until a Discharge of Excess Second Lien Obligations with respect to all such recovered amounts. If this Agreement shall have
been terminated prior to such Excess Second Lien Obligations Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination shall not diminish, release, discharge, impair or otherwise affect the obligations of the
parties hereto. The Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative,
on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each hereby agrees that if an Excess Second Lien Obligations Recovery shall have occurred, to promptly pay or remit to the Second Lien Collateral Agent in
respect of Excess Second Lien Obligations any payment or distribution received by it in respect of any Collateral prior to such Excess Second Lien Obligations Recovery until the Discharge of Excess Second Lien Obligations shall have occurred and
that no Third Lien Secured Party shall be entitled to benefit from any avoidance action or other recovery affecting or otherwise relating to any distribution or allocation made in accordance with this Agreement, whether by preference or otherwise,
it being understood and agreed that the benefit of such avoidance action otherwise allocable to them shall instead be allocated and turned over for application in accordance with the priorities set forth in this Agreement. 

SECTION 6.05. Separate Grants of Security and Separate Classifications/Voting. (a) The Second Lien Collateral Agent, the Third Lien
Collateral Agent each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its
Third Lien Debt Facility, each acknowledges and agrees that (i) the grants of Liens by the Credit Parties pursuant to the First Lien Collateral Documents, the Second Lien Collateral Documents and the Third Lien Collateral Documents constitute three
separate and distinct grants of Liens and (ii) because of, among other things, their differing rights in the Collateral, (A) the Second Lien Obligations and the Third Lien Obligations are fundamentally different from the First Lien Obligations and
must be separately classified in any plan proposed or adopted in an Insolvency or Liquidation Proceeding and (B) the Third Lien Obligations are fundamentally different from the Second Lien Obligations and must be separately classified in any plan
proposed or adopted in any Insolvency or Liquidation Proceeding. 
 (b) If it is held that any claims of the First Lien Secured Parties, the
Second Lien Secured Parties and/or the Third Lien Secured Parties in respect of the Collateral constitute a 

  
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single class of claims (rather than separate classes of senior and junior secured claims), then the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative,
for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, hereby acknowledge and
agree that all distributions of Collateral and Proceeds shall be made pursuant to Article IV as if there were three (3) separate classes of senior and junior secured claims against the Guarantors in respect of the Collateral. 

(c) The Second Lien Collateral Agent and each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its
Second Lien Debt Facility, each agrees that, no Second Lien Secured Party shall propose, support or vote in favor of any plan that (x) impairs the repayment of the First Lien Obligations in full in cash (with impairment to be determined under
Section 1124 of the Bankruptcy Code), unless any such plan is proposed, supported or accepted by the number and amount of First Lien Secured Parties required under Section 1126(d) of the Bankruptcy Code or (y) is inconsistent with the priorities of
this Agreement, unless any such plan is proposed, supported or accepted by the number and amount of First Lien Secured Parties required under Section 1126(d) of the Bankruptcy Code or such plan contemplates the repayment of the First Lien
Obligations in full in cash. 
 (d) The Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and each Third
Lien Secured Party under its Third Lien Debt Facility, each agrees that no Third Lien Secured Party shall propose, support or vote in favor of any plan with respect to any Credit Party that does not result in (i) the satisfaction in full in cash of
the First Lien Obligations, other than with the prior written consent of the First Lien Collateral Agent or to the extent any such plan is proposed, supported or approved by the number and amount of First Lien Secured Parties required under Section
1126(d) of the Bankruptcy Code and (ii) the satisfaction in full in cash of the Second Lien Obligations prior to any distribution in respect of the Third Lien Obligations, other than with the prior written consent of the Second Lien Collateral Agent
or to the extent any such plan is proposed, supported or accepted by the number and amount of Second Lien Secured Parties required under Section 1126(d) of the Bankruptcy Code. 

SECTION 6.06. No Waivers of Rights of First Lien Secured Parties. Nothing contained herein shall, except as expressly provided herein
(including adequate protection permitted under Section 6.03), prohibit or in any way limit any First Lien Secured Party from objecting in any Insolvency or Liquidation Proceeding or otherwise to any action taken by any Second Lien Secured Party or
Third Lien Secured, including the seeking by any Second Lien Secured Party or Third Lien Secured Party of adequate protection (other than adequate protection permitted under Section 6.03) or the assertion by any Second Lien Secured Party or Third
Lien Secured Party of any of its rights and remedies under the Second Lien Debt Documents, Third Lien Secured Documents or otherwise. 

SECTION 6.07. Application. This Agreement, which the parties hereto expressly acknowledge is a “subordination agreement”
under Section 510(a) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law, shall be effective before, during and after the commencement of any Insolvency or Liquidation Proceeding. The relative rights as to the Collateral and
proceeds thereof shall continue after the commencement of any Insolvency or 

  
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Liquidation Proceeding on the same basis as prior to the date of the petition therefor, subject to any court order approving the financing of, or use of cash collateral by, any Credit Party. All
references herein to any Credit Party shall include such Credit Party as a debtor-in-possession and any receiver or trustee for such Credit Party. 

SECTION 6.08. Dispositions. (a) Until the Discharge of First Lien Obligations has occurred, if any Credit Party shall be subject to any
Insolvency or Liquidation Proceeding and the First Lien Collateral Agent or any other First Lien Secured Party shall desire to consent (or not object) to any order relating to a sale or other disposition of Collateral, including pursuant to Section
363 of the Bankruptcy Code, that provides that such sale or disposition is to be free and clear of Liens, then the Second Lien Secured Parties and the Third Lien Secured Parties shall not object to such sale or other disposition; provided that (x)
the Proceeds of such sale or other disposition are applied in accordance with Section 4.01 or (y) if the Proceeds of such sale or other disposition are not applied to repay First Lien Obligations, the Liens securing the First Lien
Obligations, the Second Lien Obligations and the Third Lien Obligations shall attach to the Proceeds of such sale or other disposition of Collateral with the lien priority set forth in this Agreement. 

(b) Until the Discharge of Second Lien Obligations has occurred, if any Credit Party shall be subject to any Insolvency or Liquidation
Proceeding and the Second Lien Collateral Agent or any other Second Lien Secured Party shall desire to consent (or not object) to any order relating to a sale or other disposition of Collateral, including pursuant to Section 363 of the Bankruptcy
Code, that provides that such sale or disposition is to be free and clear of Liens, then the Third Lien Secured Parties shall not object to such sale or other disposition; provided that (x) the Proceeds of such sale or other disposition are applied
in accordance with Section 4.01 or (y) if the Proceeds of such sale or other disposition are not applied to repay Second Lien Obligations, the Liens securing the Second Lien Obligations and the Third Lien Obligations shall attach to the
Proceeds of such sale or other disposition of Collateral with the lien priority set forth in this Agreement. 
 SECTION 6.09. 506(c)
Claims. (a) Until the Discharge of First Lien Obligations has occurred, the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its Second
Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that it will not assert or enforce any claim under Section 506(c) of the Bankruptcy Code or
any similar provision of any other Bankruptcy Law senior to or on a parity with the Liens securing the First Lien Obligations for costs or expenses of preserving or disposing of any Collateral. 

(b) Until the Discharge of Second Lien Obligations has occurred, the Third Lien Collateral Agent and each Third Lien Representative, on behalf
of itself and each Third Lien Secured Party under its Third Lien Debt Facility, agrees that it will not assert or enforce any claim under Section 506(c) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law senior to or on a
parity with the Liens securing the Second Lien Obligations for costs or expenses of preserving or disposing of any Collateral. 

  
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 SECTION 6.10. Reorganization Securities. If, in any Insolvency or Liquidation Proceeding,
Obligations of the reorganized debtor secured by Liens upon any property of the reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of all or a combination of the First Lien
Obligations, the Second Lien Obligations and the Third Lien Obligations, then, to the extent the Obligations distributed on account of some or all of the First Lien Obligations, the Second Lien Obligations and/or the Third Lien Obligations are
secured by Liens upon the same assets or property, the provisions of this Agreement will survive the distribution of such Obligations pursuant to such plan and will apply with like effect to the relative Liens and priorities securing such
Obligations. 
 SECTION 6.11. Section 1111(b) of the Bankruptcy Code. (a) The Second Lien Collateral Agent, the Third Lien Collateral
Agent, each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien
Debt Facility, shall not object to, oppose, support any objection, or take any other action to impede, the right of any First Lien Secured Party to make an election under Section 1111(b)(2) of the Bankruptcy Code. The Second Lien Collateral Agent,
the Third Lien Collateral Agent, each Second Lien Representative, for itself and on behalf of each Second Lien Secured Party under its Second Lien Debt Facility and each Third Lien Representative, on behalf of itself and each Third Lien Secured
Party under its Third Lien Debt Facility, each waives any claim it may hereafter have against any First Lien Secured Party arising out of the election by any First Lien Secured Party of the application of Section 1111(b)(2) of the Bankruptcy Code.

 (b) The Third Lien Collateral Agent and each Third Lien Representative, for itself and on behalf of each Third Lien Secured Party under
its Third Lien Debt Facility, shall not object to, oppose, support any objection, or take any other action to impede, the right of any Second Lien Secured Party to make an election under Section 1111(b)(2) of the Bankruptcy Code. The Third Lien
Collateral Agent and each Third Lien Representative, for itself and on behalf of each Third Lien Secured Party under its Third Lien Debt Facility, each waives any claim it may hereafter have against any Second Lien Secured Party arising out of the
election by any Second Lien Secured Party of the application of Section 1111(b)(2) of the Bankruptcy Code. 
 SECTION 6.12. Post-Petition
Interest. (a) No Second Lien Secured Party or Third Lien Secured Party shall oppose or seek to challenge any claim by any Priority Secured Party for allowance in any Insolvency or Liquidation Proceeding of Secured Obligations consisting of
Post-Petition Interest, without regard to the existence of the Lien of or for the benefit of any Second Lien Secured Party or Third Lien Secured Party on the Collateral. 

(b) None of the First Lien Collateral Agent nor any other First Lien Secured Party shall oppose or seek to challenge any claim by the Second
Lien Collateral Agent, any Second Lien Representative or any other Second Lien Secured Party for allowance in any Insolvency or Liquidation Proceeding of Second Lien Obligations consisting of Post-Petition Interest (after taking into account the
value of the First Lien Collateral). 

  
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 ARTICLE VII 

Reliance; Etc. 
 SECTION 7.01.
Reliance. (a) All loans and other extensions of credit made or deemed made on and after the date hereof by the First Lien Secured Parties to any Credit Party shall be deemed to have been given and made in reliance upon this Agreement. Each of
the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, on behalf of itself, and each Second Lien Secured Party under its Second Lien Debt Facility and each Third Lien Representative, on behalf of itself
and each Third Lien Secured Party under its Third Lien Debt Facility, acknowledges that it and, to its knowledge, the Second Lien Secured Parties or Third Lien Secured Parties it represents have, independently and without reliance on the First Lien
Collateral Agent or any other First Lien Secured Party, entered into the Secured Debt Documents to which they are party or by which they are bound, this Agreement and the transactions contemplated hereby and thereby, and in taking or not taking any
action under any of the Secured Debt Documents or this Agreement they will continue to do so independently and without reliance on the First Lien Collateral Agent or other First Lien Secured Party. 

(b) All loans and other extensions of credit made or deemed made on and after the date hereof by the Second Lien Secured Parties to any Credit
Party shall be deemed to have been given and made in reliance upon this Agreement. Each of the First Lien Collateral Agent, the Third Lien Collateral Agent, each First Lien Representative, on behalf of itself and each First Lien Secured Party under
its First Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, acknowledges that it and the Secured Parties it represents have, independently and without
reliance on the Second Lien Collateral Agent or any other Second Lien Secured Party, entered into the Secured Debt Documents to which they are party or by which they are bound, this Agreement and the transactions contemplated hereby and thereby, and
in taking or not taking any action under any of the Secured Debt Documents or this Agreement they will continue to do so independently and without reliance on the Second Lien Collateral Agent or other Second Lien Secured Party. 

(c) All loans and other extensions of credit made or deemed made on and after the date hereof by the Third Lien Secured Parties to any Credit
Party shall be deemed to have been given and made in reliance upon this Agreement. Each of the First Lien Collateral Agent, the Second Lien Collateral Agent, each First Lien Representative, on behalf of itself and each First Lien Secured Party under
its First Lien Debt Facility, and each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its Second Lien Debt Facility, acknowledges that it and the Secured Parties it represents have, independently and without
reliance on the Third Lien Collateral Agent or any other Third Lien Secured Party, entered into the Secured Debt Documents to which they are party or by which they are bound, this Agreement and the transactions contemplated hereby and thereby, and
in taking or not taking any action under any of the Secured Debt Documents or this Agreement they will continue to do so independently and without reliance on the Third Lien Collateral Agent or other Third Lien Secured Party. 

  
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 SECTION 7.02. No Warranties or Liability. The Second Lien Collateral Agent, the Third Lien
Collateral Agent, each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third
Lien Debt Facility, acknowledges that neither the First Lien Collateral Agent nor any other First Lien Secured Party has made any express or implied representation or warranty, including with respect to the execution, validity, legality,
completeness, collectability or enforceability of any of the First Lien Debt Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon. The First Lien Secured Parties will be entitled to manage and supervise their
respective loans and extensions of credit under the First Lien Debt Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate, and the First Lien Secured Parties may manage their loans and extensions of
credit without regard to any rights or interests that the Second Lien Collateral Agent, the Third Lien Collateral Agent or any other Second Lien Secured Party or Third Lien Secured Party, as applicable, has in the Collateral or otherwise, except as
otherwise provided in this Agreement. Neither the First Lien Collateral Agent nor any other First Lien Secured Party shall have any express or implied duty to the Second Lien Collateral Agent, the Third Lien Collateral Agent or any other Second Lien
Secured Party or Third Lien Secured Party to act or refrain from acting in a manner that allows, or results in, the occurrence or continuance of an event of default or default under any agreement with any Credit Party or Subsidiary (including the
Second Lien Debt Documents and the Third Lien Debt Documents), regardless of any knowledge thereof that they may have or be charged with. The Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and each Third Lien
Secured Party under its Third Lien Debt Facility, acknowledges that neither the Second Lien Collateral Agent nor any other Second Lien Secured Party has made any express of implied representation or warranty, including with respect to the execution,
validity, legality, completeness, collectability or enforceability of any of the Second Lien Debt Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon. The Second Lien Secured Parties will be entitled to
manage and supervise their respective extensions of credit under the Second Lien Debt Documents in accordance with law and as they may otherwise, in their sole discretion deem appropriate and without regard to any rights or interests that the Third
Lien Collateral Agent or any other Third Lien Secured Party has in the Collateral or otherwise, except as expressly set forth in this Agreement. Except as expressly set forth in this Agreement, none of the Secured Parties have otherwise made to each
other, nor do they hereby make to each other, any warranties, express or implied, nor do they assume any liability to each other with respect to (a) the enforceability, validity, value or collectability of any of the Secured Obligations, any
Guarantee or security which may have been granted to any of them in connection therewith, (b) the Credit Parties’ title to or right to transfer any of the Collateral or (c) any other matter except as expressly set forth in this Agreement. 

SECTION 7.03. Obligations Unconditional. All rights, interests, agreements and obligations of the Secured Parties hereunder shall
remain in full force and effect irrespective of: 
 (i) any lack of validity or enforceability of any Secured Debt Document;

 (ii) any change in the time, manner or place of payment of, or in any other terms of, all or any of the Secured
Obligations or any amendment or waiver or other modification, including any increase in the amount thereof, whether by course of conduct or otherwise, of the terms of any Secured Debt Document; 

  
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 (iii) any exchange of any security interest in any Collateral or any other
collateral or any amendment, waiver or other modification, whether in writing or by course of conduct or otherwise, of all or any of the Secured Obligations or any Guarantee in respect thereof; 

(iv) the commencement of any Insolvency or Liquidation Proceeding in respect of any Credit Party; or 

(v) any other circumstances that otherwise might constitute a defense available to (i) any Credit Party in respect of the
Secured Obligations (other than the Discharge of First Lien Obligations or the Discharge of Second Lien Obligations subject to Sections 5.06 and 6.04) or (ii) any Second Lien Secured Party or Third Lien Secured Party in respect of this
Agreement. 
 SECTION 7.04. No Waiver of Lien Priorities. (a) No right of any of the Secured Parties (including any Collateral Agent)
to enforce any provision of this Agreement or any other Secured Debt Document shall at any time in any way be prejudiced or impaired by any act or failure to act on the part of any Credit Party or by any act or failure to act by any Secured Party,
or by any noncompliance by any Person with the terms, provisions and covenants of this Agreement or any of the other Secured Debt Documents, regardless of any knowledge thereof which any Secured Party may have or be otherwise charged with. 

(b) Without in any way limiting the generality of the foregoing paragraph (but subject to the rights of the Credit Parties under the First
Lien Debt Documents and subject to the provisions of Section 5.03(a)), the First Lien Secured Parties, the First Lien Collateral Agent, and any of them may, at any time and from time to time in accordance with the First Lien Debt Documents
and/or applicable law, without the consent of, or notice to, any Second Lien Secured Party or Third Lien Secured Party, without incurring any liabilities to any Second Lien Secured Party or Third Lien Secured Party and without impairing or releasing
the Lien priorities and other benefits provided in this Agreement (even if any right of subrogation or other right or remedy of any Second Lien Secured Party or Third Lien Secured Party is affected, impaired or extinguished thereby) do any one or
more of the following: 
 (i) change the manner, place or terms of payment or change or extend the time of payment of, or
amend, renew, exchange, increase or alter, the terms of any of the First Lien Obligations (subject to the limitations within such definition) or any Lien on any Collateral or guaranty of any of the First Lien Obligations or any liability of any
Credit Party, or any liability incurred directly or indirectly in respect thereof (including any increase in or extension of the First Lien Obligations, without any restriction as to the tenor or terms of any such increase or extension) or otherwise
amend, renew, exchange, extend, modify or supplement in any manner any Liens held by the First Lien Collateral Agent, or any of the other First Lien Secured Parties, the First Lien Obligations or any of the First Lien Debt Documents; 

  
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 (ii) sell, exchange, release, surrender, realize upon, enforce or otherwise deal
with in any manner and in any order any part of the Collateral or any liability of any Credit Party to any of the First Lien Secured Parties, or any liability incurred directly or indirectly in respect thereof; 

(iii) settle or compromise any First Lien Obligation or any other liability of any Credit Party or any security therefor or any
liability incurred directly or indirectly in respect thereof and apply any sums by whomsoever paid and however realized to any liability (including the First Lien Obligations) in any manner or order; and 

(iv) exercise or delay in or refrain from exercising any right or remedy against any Credit Party or any other Person or any
security, and elect any remedy and otherwise deal freely with any Credit Party or any Collateral and any security and any Guarantor or any liability of any Credit Party to the First Lien Secured Parties or any liability incurred directly or
indirectly in respect thereof. 
 (c) Except as otherwise expressly provided herein, the Second Lien Collateral Agent, the Third Lien
Collateral Agent, each Second Lien Representative, on behalf of itself and the Second Lien Secured Parties represented by it and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt
Facility, also agrees that the First Lien Secured Parties shall have no liability to such Person, or any of the Second Lien Secured Parties or Third Lien Secured Parties. 

(d) The Second Lien Collateral Agent, the Third Lien Collateral Agent, such Second Lien Representative, on behalf of itself and the Second
Lien Secured Parties represented by it, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility hereby waives any claim against any First Lien Secured Party arising out of any and
all actions which the First Lien Secured Parties may take or permit or omit to take with respect to: 
 (i) the First Lien
Debt Documents (other than this Agreement); 
 (ii) the collection of the First Lien Obligations; or 

(iii) the foreclosure upon, or sale, liquidation or other disposition of, any Collateral. 

(e) The Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, on behalf of itself and the Second
Lien Secured Parties represented by it, and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, agrees that the First Lien Secured Parties have no duty to them in respect of the
maintenance or preservation of the Collateral, the First Lien Obligations or otherwise. 
 (f) Solely as between the Second Lien Secured
Parties and the Third Lien Secured Parties and without in any way limiting the generality of clause (a) above (but subject to the rights of the Credit Parties under the Second Lien Debt Documents and subject to the provisions of Section
5.03(a)), the Second Lien Secured Parties, the Second Lien Collateral Agent, and any 

  
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of them may, at any time and from time to time in accordance with the Second Lien Debt Documents and/or applicable law, without the consent of, or notice to, any Third Lien Secured Party, without
incurring any liabilities to any Third Lien Secured Party and without impairing or releasing the Lien priorities and other benefits provided in this Agreement (even if any right of subrogation or other right or remedy of any Third Lien Secured Party
is affected, impaired or extinguished thereby) do any one or more of the following: 
 (i) change the manner, place or terms
of payment or change or extend the time of payment of, or amend, renew, exchange, increase or alter, the terms of any of the Second Lien Obligations or any Lien on any Collateral or guaranty of any of the Second Lien Obligations or any liability of
any Credit Party, or any liability incurred directly or indirectly in respect thereof (including any increase in or extension of the Second Lien Obligations, without any restriction as to the tenor or terms of any such increase or extension) or
otherwise amend, renew, exchange, extend, modify or supplement in any manner any Liens held by the Second Lien Collateral Agent, or any of the other Second Lien Secured Parties, the Second Lien Obligations or any of the Second Lien Debt Documents;

 (ii) sell, exchange, release, surrender, realize upon, enforce or otherwise deal with in any manner and in any order any
part of the Collateral or any liability of any Credit Party to any of the Second Lien Secured Parties, or any liability incurred directly or indirectly in respect thereof; 

(iii) settle or compromise any Second Lien Obligation or any other liability of any Credit Party or any security therefor or
any liability incurred directly or indirectly in respect thereof and apply any sums by whomsoever paid and however realized to any liability (including the Second Lien Obligations) in any manner or order; and 

(iv) exercise or delay in or refrain from exercising any right or remedy against any Credit Party or any other Person or any
security, and elect any remedy and otherwise deal freely with any Credit Party or any Collateral and any security and any Guarantor or any liability of any Credit Party to the Second Lien Secured Parties or any liability incurred directly or
indirectly in respect thereof. 
 (g) Except as otherwise expressly provided herein, the Third Lien Collateral Agent and each Third Lien
Representative, on behalf of itself and the Third Lien Secured Parties represented by it, also agrees that the Second Lien Secured Parties shall have no liability to such Person, or any of the Third Lien Secured Parties, the Third Lien Collateral
Agent and such Third Lien Representative, on behalf of itself and the Third Lien Secured Parties represented by it, hereby waives any claim against any Second Lien Secured Party arising out of any and all actions which the Second Lien Secured
Parties may take or permit or omit to take with respect to: 
 (i) the Second Lien Debt Documents (other than this
Agreement); 
 (ii) the collection of the Second Lien Obligations; or 

(iii) the foreclosure upon, or sale, liquidation or other disposition of, any Collateral. 

(h) The Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and the Third Lien Secured Parties represented by
it, agrees that the Second Lien Secured Parties have no duty to them in respect of the maintenance or preservation of the Collateral, the Second Lien Obligations or otherwise. 

  
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 ARTICLE VIII 

Miscellaneous 
 SECTION 8.01.
Conflicts. (a) In the event of any conflict between the provisions of this Agreement and the provisions of any other Secured Debt Document, the provisions of this Agreement shall govern. Notwithstanding the foregoing, the relative rights and
obligations of (x) the First Lien Collateral Agent, the First Lien Representatives and the First Lien Secured Parties (as amongst themselves) with respect to any First Lien Collateral shall be governed by terms of any intercreditor agreement agreed
to among the First Lien Secured Parties and in the event of any conflict between such intercreditor agreement and this Agreement as to such relative rights and obligations, the provisions of such intercreditor agreement shall control and (y) the
relative rights and obligations of the Second Lien Collateral Agent, the Second Lien Representatives and the Second Lien Secured Parties as amongst themselves with respect to any Second Lien Collateral shall be governed by terms of any intercreditor
agreement (including the Second Lien Collateral Trust Agreement) agreed to among the Second Lien Secured Parties and, in the event of any conflict between such intercreditor agreement and this Agreement as to such relative rights and obligations,
the provisions of such intercreditor agreement shall control. 
 (b) The parties hereto acknowledge that the secured creditor relationship
between different classes of Second Lien Obligations may be governed separately from this Agreement, including by a second lien intercreditor agreement (including the Second Lien Collateral Trust Agreement). Notwithstanding the foregoing, the
parties hereto acknowledge and agree that this Agreement shall govern the secured creditor relationship between the First Lien Obligations, the Second Lien Obligations, and the Third Lien Obligations. 

(c) The parties hereto acknowledge that the secured creditor relationship between different classes of Third Lien Obligations may be governed
separately from this Agreement, including by a third lien intercreditor agreement. Notwithstanding the foregoing, the parties hereto acknowledge and agree that this Agreement shall govern the secured creditor relationship between the First Lien
Obligations, the Second Lien Obligations and the Third Lien Obligations and, and that in the event of any conflict between the terms of this Agreement and that of an intercreditor agreement governing the rights among different classes of Third Lien
Debt Facilities, this Agreement shall control. 
 SECTION 8.02. Continuing Nature of this Agreement; Severability. This is a
continuing agreement of Lien subordination, and the First Lien Secured Parties may continue, at any time and without notice to the Second Lien Collateral Agent, the Third Lien Collateral Agent or any other Second Lien Secured Party or Third Lien
Secured Party, to extend credit and other 

  
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financial accommodations and lend monies to or for the benefit of any Credit Party constituting First Lien Obligations in reliance hereon. The terms of this Agreement shall survive and continue
in full force and effect in any Insolvency or Liquidation Proceeding. Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall not invalidate 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. The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. The terms of this Agreement shall govern even if part or all of the Secured Obligations or the Liens securing payment and
performance thereof are not perfected or are avoided, disallowed, set aside or otherwise invalidated in any judicial proceeding or otherwise. All references to any Credit Party shall include such Credit Party as debtor and debtor in possession and
any receiver, trustee or similar person for any Credit Parties (as the case may be) in any Insolvency or Liquidation Proceeding. This Agreement shall terminate and be of no further force and effect: 

(a) with respect to any First Lien Representative, the First Lien Secured Parties represented by it and their First Lien Obligations, on the
date on which the Discharge of First Lien Obligations has occurred, subject to the rights of the First Lien Secured Parties under Section 6.04; and 

(b) with respect to any Second Lien Representative, the Second Lien Secured Parties represented by it and their Second Lien Obligations, on
the date on which the Discharge of Second Lien Obligations has occurred, subject to the rights of the Second Lien Secured Parties under Section 6.04; and 

(c) with respect to any Third Lien Representative, the Third Lien Secured Parties represented by it and their Third Lien Obligations, on the
date on which no Third Lien Obligations of such Third Lien Secured Parties are any longer secured by, and no longer required to be secured by, any of the Collateral pursuant to the terms of the applicable Third Lien Debt Documents. 

SECTION 8.03. Amendments; Waivers. (a) No failure or delay on the part of any party hereto in exercising any right or power hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of
any other right or power. The rights and remedies of the parties hereto are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by any
party therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No
notice or demand on any party hereto in any case shall entitle such party to any other or further notice or demand in similar or other circumstances. Subject to Section 8.01(a)(y), this Agreement constitutes the entire agreement between the parties
hereto (or bound hereby) and supersedes all prior agreements, oral or written, relating to its subject matter. 

  
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 (b) This Agreement may be amended in writing signed by each Collateral Agent party to this
Agreement at the time of such amendment, each Representative that is a party to this Agreement at the time of such amendment (in each case, acting in accordance with the documents governing the applicable Debt Facility) and each other Secured Party
that is a direct party hereto at the time of such amendment; provided that any such amendment, supplement or waiver which by the terms of this Agreement requires Foresight’s consent or which materially increases the obligations or
materially reduces the rights of, or otherwise materially adversely affects, any Credit Party (which for avoidance of doubt includes Sections 5.01, 5.02, 5.03, 5.05, 5.06, 6.01, 8.03, 8.07 and
8.10 hereof but excludes any other provision of Article VIII), shall require the consent of Foresight (and in any case shall be notified to Foresight by the other parties thereto). Any such amendment, supplement or waiver shall be in
writing and shall be binding upon all of the Secured Parties and their respective successors and assigns. 
 (c) Notwithstanding the
foregoing, without the consent of any Secured Party (and with respect to any amendment or modification which by the terms of this Agreement requires Foresight’s consent or which increases the obligations or reduces the rights of any Credit
Party, with the consent of Foresight), any Collateral Agent or Representative may become a party hereto by execution and delivery of a Joinder Agreement in accordance with Section 8.10 of this Agreement and upon such execution and delivery,
such Collateral Agent or Representative and the Secured Parties and Secured Obligations of the Debt Facility for which such Representative is acting shall be subject to the terms hereof. 

(d) Notwithstanding anything in this Agreement to the contrary, it is understood and agreed that the Collateral Agents, the Representatives
then party to this Agreement and Foresight, without the consent of any other First Lien Secured Party or any other Second Lien Secured Party, may enter into a supplemental agreement (which may take the form of an amendment and restatement of this
Agreement) to give effect to any amendments in connection with a Refinancing of any of the Secured Obligations or to effectuate the subordination of Liens as required by this Agreement; provided, that any such supplemental agreement is not
prohibited by any of the Secured Debt Documents then in effect in accordance with the terms thereof and Officer’s Certificate delivered to the Collateral Agents and applicable Representatives certifying such compliance shall be conclusive and
the Collateral Agents and such Representatives may rely thereon without further inquiry and shall be fully protected in doing so; and provided, further, that the Representatives shall, at the written direction of Foresight, execute and
deliver such supplemental agreement at the other’s request and such supplemental agreement may contain additional intercreditor terms applicable solely to the holders of such Replacement First Lien Debt or Replacement Second Lien Debt
vis-à-vis the holders of the relevant obligations hereunder. 
 SECTION 8.04. Information Concerning Financial Condition of
Foresight and the Subsidiaries. None of the Collateral Agents, Representatives or other Secured Parties shall have any duty to inform the other parties of (a) the financial condition of Foresight and the Subsidiaries and all endorsers or
guarantors of the Secured Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the Secured Obligations. No Secured Parties shall have any duty to advise any other party hereunder of information known to it or them
regarding such condition or any such circumstances or otherwise. In the event that any Secured Party, in its sole discretion, undertakes at any time or from time to time to provide any 

  
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such information to any other party, it shall be under no obligation to (i) make, and no Secured Party shall be deemed to have made, any express or implied representation or warranty, including
with respect to the accuracy, completeness, truthfulness or validity of any such information so provided, (ii) provide any additional information or to provide any such information on any subsequent occasion, (iii) undertake any investigation or
(iv) disclose any information that, pursuant to accepted or reasonable commercial finance practices, such party wishes to maintain confidential or is otherwise required to maintain confidential. 

SECTION 8.05. Subrogation. (a) Each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its Second
Lien Debt Facility, hereby waives any rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of First Lien Obligations has occurred. 

(b) Each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, hereby waives
any rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of First Lien Obligations and the Discharge of Second Lien Obligations has occurred. 

SECTION 8.06. Application of Payments. (a) Except as otherwise provided herein, all payments received by the First Lien Secured Parties
may be applied, reversed and reapplied, in whole or in part, to such part of the First Lien Obligations as the First Lien Secured Parties, in their sole discretion, deem appropriate, consistent with the terms of the First Lien Debt Documents. Except
as otherwise provided herein, the Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien Representative, on behalf of itself and each Second Lien Secured Party under its Second Lien Debt Facility, and each Third Lien
Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each assents to any such extension or postponement of the time of payment of the First Lien Obligations or any part thereof and to any other
indulgence with respect thereto, to any substitution, exchange or release of any Lien that may at any time secure any part of the First Lien Obligations and to the addition or release of any other Person primarily or secondarily liable therefor.

 (b) Except as otherwise provided herein, all payments received by the Second Lien Secured Parties may be applied, reversed and reapplied,
in whole or in part, to such part of the Second Lien Obligations as the Second Lien Secured Parties, in their sole discretion, deem appropriate, consistent with the terms of the Second Lien Debt Documents. Except as otherwise provided herein, the
Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself and each Third Lien Secured Party under its Third Lien Debt Facility, each assents to any such extension or postponement of the time of payment of the Second Lien
Obligations or any part thereof and to any other indulgence with respect thereto, to any substitution, exchange or release of any Lien that may at any time secure any part of the Second Lien Obligations and to the addition or release of any other
Person primarily or secondarily liable therefor. 
 SECTION 8.07. Additional Guarantors. Foresight agrees that, if any Subsidiary or
Parent shall, in accordance with any of the Secured Debt Documents, become a First Lien Guarantor, Second Lien Guarantor or Third Lien Guarantor, after the date hereof, it will promptly cause such Subsidiary or Parent to become party hereto by
executing and delivering an 

  
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instrument in the form of Annex I. Upon such execution and delivery, such Subsidiary or Parent will become a First Lien Guarantor, Second Lien Guarantor and Third Lien Guarantor hereunder
with the same force and effect as if originally named as a First Lien Guarantor, Second Lien Guarantor and Third Lien Guarantor herein. The execution and delivery of such instrument shall not require the consent of any other party hereunder, and
will be acknowledged by each of the Collateral Agents. The rights and obligations of each Guarantor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor as a party to this Agreement. 

SECTION 8.08. Dealings with Guarantors. Upon any application or demand by any Credit Party to any Collateral Agent or Representative to
take or permit any action under any of the provisions of this Agreement or under any Collateral Document (if such action is subject to the provisions hereof), at the request of such Collateral Agent or Representative, such Credit Party, as
appropriate, shall furnish to such Representative a certificate of a Responsible Officer (an “Officer’s Certificate”) certifying that all conditions precedent, if any, provided for in this Agreement or such Collateral Document,
as the case may be, relating to the proposed action have been complied with, except that in the case of any such application or demand as to which the furnishing of such documents is specifically required by any provision of this Agreement or any
Collateral Document relating to such particular application or demand, no additional certificate or opinion need be furnished. 
 SECTION
8.09. Interpretation. Any determinations as to whether the Discharge of First Lien Priority Obligations, the Discharge of Excess First Lien Obligations, the Discharge of Second Lien Priority Obligations or the Discharge of Excess Second Lien
Obligations has occurred shall be made without taking into account any limitations on any such obligations imposed by the Bankruptcy Court or other applicable Bankruptcy Law.

SECTION 8.10. Refinancings, Etc. (a) Subject to Section 5.03, the Secured Obligations may be Refinanced without affecting
the Lien priorities provided for herein or the other provisions hereof (it is understood that the foregoing shall in no way be interpreted to limit the ability of any Credit Party to undertake any refinancing or replacement transaction otherwise
permitted by the Secured Debt Documents); provided that (i) the Collateral Agents and each other Representative then party to this Agreement shall receive on or prior to the incurrence of any Indebtedness constituting a Exchangeable Debt
Refinancing Facility, Replacement First Lien Debt, Replacement Second Lien Debt or Replacement Third Lien Debt, as the case may be, an (A) Officer’s Certificate certifying that the legend requirements in Section 5.03(c) have been
satisfied and all conditions precedent have been met and designating the Indebtedness incurred to such effect such Refinancing as a “First Lien Debt Facility”, “Second Lien Debt Facility” or “Third Lien Debt Facility”,
as applicable, and (B) a Joinder Agreement from the holders or lenders of any such Indebtedness (or an authorized agent, trustee or other trustee on their behalf) and, to the extent a new collateral agent is being appointed in connection with the
incurrence of such Indebtedness, executed by such new collateral agent, and (ii) the amount of the Second Lien Obligations or Third Lien Obligations shall not be increased by more than the Permitted Refinancing Increase in respect thereof. Upon the
consummation of such Refinancing and satisfaction of the requirements set forth in this Section 8.10, the holders, lenders and agents of such Replacement First Lien Debt, Replacement Second Lien Debt, Exchangeable Refinancing Debt Facility or
Replacement Third Lien Debt shall be entitled to the benefits, rights and obligations of this Agreement as (x) in the case of any Replacement First Lien Debt, as First Lien 

  
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Secured Parties, (y) in the case of any Replacement Second Lien Debt, as Second Lien Secured Parties and (z) in the case of any Exchangeable Debt Refinancing Facility or Replacement Third Lien
Debt, as Third Lien Secured Parties. 
 (b) Foresight and the Guarantors may incur Additional First Lien Debt or enter into Permitted
Secured Commodity Swap Contracts, Secured Hedge Agreements and Secured Cash Management Agreements without notice to or the consent (except to the extent a consent is otherwise required under any Secured Debt Document) of any Collateral Agent,
Representative or any other Secured Party, all without affecting the Lien priorities provided for herein or the other provisions hereof; provided that (i) the First Lien Collateral Agent shall receive on or prior to the incurrence of such Additional
First Lien Debt or entering into of such Permitted Secured Commodity Swap Contract, Secured Hedge Agreement or Secured Cash Management Agreement, as the case may be, an (A) Officer’s Certificate certifying that (1) Foresight or such Guarantor
is permitted to incur such Additional First Lien Debt or enter into such Permitted Secured Commodity Swap Contract, Secured Hedge Agreement or Secured Cash Management Agreement and incur any Obligations in respect thereof, under each Secured Debt
Document then in effect, (2) the legend requirements in Section 5.03(c) have been satisfied and (3) all conditions precedent have been met and (B) a Joinder Agreement executed by (1) in the case of any Additional First Lien Debt, the
holders or lenders of such Additional First Lien Debt (or an authorized agent or trustee on their behalf), (2) in the case of any Permitted Secured Commodity Swap Contract, Secured Hedge Agreement or Secured Cash Management Agreement, the Hedge
Bank, Cash Management Bank or Secured Commodity Swap Counterparty party thereto and (ii) on or before the date of such incurrence or execution, the Obligations of the Credit Parties in respect of such Additional First Lien Debt, Permitted
Secured Commodity Swap Contract, Secured Hedge Agreement or Secured Cash Management Agreement are designated by Foresight in an Officer’s Certificate delivered to the Collateral Agents then a party to this Agreement as a “First Lien
Obligations” comprised of an “Additional First Lien Debt Facility”, “Permitted Secured Commodity Swap Contract”, “Secured Hedge Agreement” or “Secured Cash Management Agreement, as applicable. Upon the
consummation of such transaction and satisfaction of the requirements set forth in this clause (b), the holders, lenders and agents of such Additional First Lien Debt or the applicable Hedge Bank, Cash Management Bank or Secured Commodity
Swap Counterparty shall be entitled to the benefits, rights and obligations of this Agreement as First Lien Secured Parties. 
 (c)
Foresight and the Guarantors may incur Additional Second Lien Debt or enter into Permitted Secured Commodity Swap Contracts and Secured Hedge Agreements without notice to or the consent (except to the extent a consent is otherwise required under any
Secured Debt Document) of any Collateral Agent, Representative or any other Secured Party, all without affecting the Lien priorities provided for herein or the other provisions hereof; provided that (i) the Second Lien Collateral Agent shall receive
on or prior to the incurrence of such Additional Second Lien Debt or entering into of such Permitted Secured Commodity Swap Contract or Secured Hedge Agreement, as the case may be, an (A) an Officer’s Certificate and opinion of counsel, stating
that (1) Foresight or such Guarantor is permitted to incur such Additional Second Lien Debt or enter into such Permitted Secured Commodity Swap Contract or Secured Hedge Agreement and incur any Obligations in respect thereof, under each Secured Debt
Document then in effect, (2) the legend requirements in Section 5.03(c) have been satisfied and (3) all conditions precedent have been met and (B) a Joinder Agreement executed by (1) in the 

  
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case of any Additional Second Lien Debt, the holders or lenders of such Additional Second Lien Debt (or an authorized agent or trustee on their behalf), (2) in the case of any Permitted Secured
Commodity Swap Contract or Secured Hedge Agreement, the Hedge Bank or the Secured Commodity Swap Counterparty party thereto and (ii) on or before the date of such incurrence or execution, the Obligations of the Credit Parties in respect of such
Additional Second Lien Debt, Permitted Secured Commodity Swap Contract or Secured Hedge Agreement are designated by Foresight in an Officer’s Certificate delivered to the Collateral Agents then a party to this Agreement as a “Second Lien
Obligations” comprised of an “Additional Second Lien Debt Facility”, “Permitted Secured Commodity Swap Contract” or “Secured Hedge Agreement”, as applicable. Upon the consummation of such transaction and
satisfaction of the requirements set forth in this clause (c), the holders, lenders and agents of such Additional Second Lien Debt or the applicable Hedge Bank or Secured Commodity Swap Counterparty shall be entitled to the benefits, rights
and obligations of this Agreement as Second Lien Secured Parties 
 SECTION 8.11. Additional First Lien Debt. Foresight and
the Guarantors may incur Additional First Lien Debt, without notice to, or the consent (except to the extent a consent is otherwise required under any First Lien Debt Document) of any First Lien Representative, any Second Lien Representative or any
other Secured Party, all without affecting the Lien priorities provided for herein or the other provisions hereof provided that (i) the First Lien Collateral Agent shall receive on or prior to the incurrence of the Additional First Lien Debt,
as the case may be, an (A) Officer’s Certificate certifying that (I) the incurrence thereof is permitted by each applicable First Lien Debt Document, (II) the legend requirements in Section 5.03(c) have been satisfied and (B) a Joinder
Agreement from the holders or lenders of any Additional First Lien Debt and (ii) on or before the date of such incurrence, such Additional First Lien Debt Facilities are designated by Foresight in an Officer’s Certificate delivered by a
Responsible Officer to the First Lien Collateral Agent and the Second Lien Collateral Agent as an “Additional First Lien Debt Facility”. Upon the consummation of such transaction and satisfaction of the requirements of this Section
8.11, the holders, lenders and agents of such Additional First Lien Debt shall be entitled to the benefits, rights and obligations of this Agreement as First Lien Secured Parties. 

SECTION 8.12. Additional Second Lien Debt. Foresight and the Guarantors may incur Additional Second Lien Debt, without notice
to, or the consent (except to the extent a consent is otherwise required under any First Lien Debt Document or Second Lien Debt Document) of any First Lien Representative, any Second Lien Representative or any other Secured Party, all without
affecting the Lien priorities provided for herein or the other provisions hereof; provided that (i) the First Lien Collateral Agent and the Second Lien Collateral Agent shall receive on or prior to the incurrence of the Additional First Lien Debt,
as the case may be, (A) an Officer’s Certificate and opinion of counsel, stating that (I) the incurrence thereof is permitted by each applicable First Lien Debt Document and Second Lien Debt Document, (II) the legend requirements in Section
5.03(c) have been satisfied and (III) all conditions precedent have been met and (B) a Joinder Agreement from the holders or lenders of any Additional Second Lien Debt and (ii) on or before the date of such incurrence, such Additional Second Lien
Debt Facilities are designated by Foresight in an Officer’s Certificate delivered to the First Lien Collateral Agent and the Second Lien Collateral Agent as an “Additional Second Lien Debt Facility”. Upon the consummation of such
transaction and satisfaction of the requirements of this Section 8.12, the holders, lenders and agents of such Additional Second Lien Debt shall be entitled to the benefits, rights and obligations of this Agreement as Second Lien Secured Parties.

  
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 SECTION 8.13. Notices; Effectiveness; Electronic Communications. (a) Notices
Generally. Except in the case of notices and other communications expressly permitted to be given by telephone (and except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing
and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by telecopier or email as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be
made to the applicable telephone number, if to any Credit Party or any Secured Party, to the address, telecopier number, electronic mail address or telephone number specified for such Person on Schedule 8.13. 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 telecopier 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); provided, that notices to the First Lien Collateral Agent, the Second Lien Exchangeable PIK Notes Trustee or the Second Lien Notes
Trustee shall only be effective upon actual receipt of written notice thereof. For the avoidance of doubt, no oral or telephonic notice or communication shall constitute effective delivery to the First Lien Collateral Agent, the Second Lien
Exchangeable PIK Notes Trustee or the Second Lien Secured Notes Trustee. Notices delivered through electronic communications to the extent provided in subsection (b) below shall be effective as provided in such subsection (b).

 (b) Electronic Communications. (i) Notices and other communications sent to any Lien Secured Party to an e-mail address shall be
deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), provided that if
such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next business day for the recipient, and (ii) notices
or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or
communication is available and identifying the website address therefor; provided, further, that notices to the First Lien Collateral Agent, the Second Lien Exchangeable PIK Notes Trustee or the Second Lien Secured Notes Trustee shall only be
effective upon actual receipt thereof in writing. 
 (c) Reliance. The Secured Parties shall be entitled to rely and act upon any
notices purportedly given by or on behalf of any Credit Party even if (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms
thereof, as understood by the recipient, varied from any confirmation thereof. All telephonic notices to and other telephonic communications with any Secured Party may be recorded by such Secured Party, and each of the parties hereto hereby consents
to such recording. 
 SECTION 8.14. Transfers. The Second Lien Collateral Agent, the Third Lien Collateral Agent, each Second Lien
Representative and each Third Lien Representative, each agrees not to resign in its capacity as such or assign its rights and responsibilities in its capacity as such unless the applicable successor or assignee expressly agrees in writing to be
bound by this Agreement and assumes the applicable obligations hereunder. 

  
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 SECTION 8.15. Further Assurances. The First Lien Collateral Agent, each First
Lien Representative, on behalf of itself and each First Lien Secured Party under the First Lien Debt Facility for which it is acting, the Second Lien Collateral Agent, each Second Lien Representative, on behalf of itself, and each Second Lien
Secured Party under its Second Lien Debt Facility, the Third Lien Collateral Agent and each Third Lien Representative, on behalf of itself, and each Third Lien Secured Party under its Third Lien Debt Facility, each agrees that it will take such
further action and shall execute and deliver such additional documents and instruments (in recordable form, if requested) as the other parties hereto may reasonably request to effectuate the terms of, and the Lien priorities contemplated by, this
Agreement. 
 SECTION 8.16. GOVERNING LAW; JURISDICTION; ETC. 

(a) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 

(b) SUBMISSION TO JURISDICTION. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE
EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT
OF OR RELATING TO THIS AGREEMENT OR ANY OTHER SECURED DEBT DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING
MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE
AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR IN ANY OTHER SECURED DEBT DOCUMENT SHALL AFFECT ANY RIGHT TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS
AGREEMENT OR ANY OTHER SECURED DEBT DOCUMENT AGAINST FORESIGHT OR ANY OTHER CREDIT PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(c) WAIVER OF VENUE. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW,
ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER SECURED DEBT DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (B) OF THIS SECTION
8.16. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 

(d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES TO SUCH
PARTY IN SECTION 8.13. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

  
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 SECTION 8.17. Waiver 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 PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER SECURED DEBT 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 AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
CERTIFICATIONS IN THIS SECTION 8.17. 
 SECTION 8.18. Binding on Successors and Assigns. This Agreement shall be
binding upon each of the Secured Parties, each of the Credit Parties hereto and their respective successors and assigns. 
 SECTION
8.19. Section Titles. The section titles contained in this Agreement are and shall be without substantive meaning or content of any kind whatsoever and are not a part of this Agreement. 

SECTION 8.20. Counterparts. This Agreement may be executed in one or more counterparts, including by means of facsimile or
other electronic method, each of which shall be an original and all of which shall together constitute one and the same document. Delivery of an executed signature page to this Agreement by facsimile or other electronic transmission shall be as
effective as delivery of a manually signed counterpart of this Agreement. 
 SECTION 8.21. Authorization; Specific
Performance. By its signature, each Person executing this Agreement on behalf of a party hereto represents and warrants to the other parties hereto that it is duly authorized to execute this Agreement. The First Lien Secured Parties
have appointed the First Lien Collateral Agent as collateral agent pursuant to the First Lien Credit Agreement on behalf of the First Lien Secured Parties and the First Lien Collateral Agent represents and warrants that it has duly accepted such
appointment. Each of the Second Lien Representatives has appointed the Second Lien Collateral Agent as collateral agent pursuant to the terms of the Second Lien Indenture Documents on behalf of the Second Lien Secured Parties and the Second
Lien Collateral Agent represents and warrants that it has duly accepted such 

  
 75 

 
appointment. Each of the Third Lien Representatives and the Third Lien Secured Parties have appointed the Third Lien Collateral Agent as collateral agent pursuant to the terms of the Third Lien
Collateral Agency Agreement on behalf of the Third Lien Secured Parties and the Third Lien Collateral Agent and represents and warrants that it has duly accepted such appointment. 

Each Secured Party may demand specific performance of this Agreement or obtain relief by injunction or other appropriate equitable relief. The
First Lien Collateral Agent, the Second Lien Collateral Agent, the Third Lien Collateral Agent and each Representative, on behalf of itself and the Secured Parties under its Debt Facility, hereby irrevocably waives any defense based on the adequacy
of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by the any Secured Party against any other Secured Party in respect of this Agreement. 

SECTION 8.22. No Third Party Beneficiaries; Successors and Assigns. The lien priorities set forth in this Agreement and the rights and
benefits hereunder in respect of such lien priorities shall inure solely to the benefit of the First Lien Collateral Agent, First Lien Representatives, the other First Lien Secured Parties, the Second Lien Collateral Agent, the Second Lien
Representatives, the other Second Lien Secured Parties, the Third Lien Collateral Agent, the Third Lien Representatives, the other Third Lien Secured Parties, and their respective permitted successors and assigns, and no other Person (including the
Credit Parties, or any trustee, receiver, debtor in possession or bankruptcy estate in a bankruptcy or like proceeding) shall have or be entitled to assert such rights. Nothing in this Agreement is intended to or shall impair the obligations of any
Credit Party, which are absolute and unconditional, to pay the Secured Obligations as and when the same shall become due and payable in accordance with their terms. Except for Sections 5.01, 5.02, 5.03, 5.05,
5.06, 6.01 and Article VIII hereof, neither Foresight nor any other Credit Party shall have any rights hereunder. 

SECTION 8.23. Effectiveness. This Agreement shall become effective when executed and delivered by the parties hereto (the
“Effective Date”). Upon the occurrence of the Effective Date, each of the Secured Parties shall recognize the existence and permissibility of the other Secured Parties and their respective Indebtedness, Liens and/or Obligations
pursuant to the terms of this Agreement. 
 SECTION 8.24. Collateral Agent and Representative. It is understood and agreed that (a)
each of the Administrative Agent and the First Lien Collateral Agent is entering into this Agreement in its capacity as collateral agent or administrative agent, as applicable, under the First Lien Credit Agreement and the provisions of Articles IX
and X of the First Lien Credit Agreement applicable to the Administrative Agent (as defined therein) and the Collateral Agent (as defined therein) thereunder shall also apply to the Administrative Agent and the First Lien Collateral Agent hereunder
and (b) the Second Lien Collateral Agent is entering into this Agreement in its capacity as collateral agent under the Second Lien Indenture Documents and the provisions of Article 7.7 of the Second Lien Collateral Trust Agreement shall also apply
to the Second Lien Collateral Agent hereunder. 
 SECTION 8.25. Survival of Agreement. All covenants, agreements, representations and
warranties made by any party in this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement. 

  
 76 

 SECTION 8.26. Certain Notices. Foresight agrees to give (a) the Second Lien
Collateral Agent and the Third Lien Collateral Agent prompt written notice of the occurrence of the Discharge of First Lien Priority Obligations, (b) the First Lien Collateral Agent and the Third Lien Collateral Agent prompt written notice of the
occurrence of the Discharge of Second Lien Priority Obligations, (c) the Second Lien Collateral Agent and the Third Lien Collateral Agent prompt written notice of the occurrence of the Discharge of Excess First Lien Obligations and (d) the First
Lien Collateral Agent and the Third Lien Collateral Agent prompt written notice of the occurrence of the Discharge of Excess Second Lien Obligations. 

SECTION 8.27. Indirect Action. Unless otherwise expressly stated, if a party may not take an action under this Agreement,
then it may not take that action indirectly, or take any action assisting or supporting any other Person in taking that action directly or indirectly. “Taking an action indirectly” means taking an action that is not expressly prohibited
for the party but is intended to have substantially the same effect as the prohibited action. 
 SECTION 8.28. Trustee
Action. (a) Wilmington Trust, National Association is entering into this Agreement solely in its capacity as Second Lien Exchangeable PIK Notes Trustee under the Second Lien Exchangeable PIK Note Indenture and the rights, powers,
privileges, protections, immunities and indemnities afforded to the Second Lien Exchangeable PIK Notes Trustee under the Second Lien Exchangeable PIK Note Indenture shall also apply to Wilmington Trust, National Association as Second Lien
Representative hereunder. 
 (b) Wilmington Savings Fund Society, FSB is entering into this Agreement solely in its capacity as Second Lien
Secured Notes Trustee and Second Lien Collateral Agent under the Second Lien Secured Note Indenture and as Second Lien Collateral Agent under the Second Lien Collateral Trust Agreement and the rights, powers, privileges, protections, immunities and
indemnities afforded to the Second Lien Secured Notes Trustee under the Second Lien Secured Note Indenture and the Second Lien Collateral Trust Agreement shall also apply to Wilmington Savings Fund Society, FSB as Second Lien Collateral Agent
hereunder. 

  
 77 

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

					
	FORESIGHT ENERGY LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President and Chief Executive Officer
	
	FORESIGHT ENERGY LP
		
	By	 	Foresight Energy GP LLC, its general partner
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President and Chief Executive Officer

 
					
	ADENA RESOURCES, LLC
	AKIN ENERGY LLC
	AMERICAN CENTURY MINERAL LLC
	AMERICAN CENTURY TRANSPORT LLC
	COAL FIELD CONSTRUCTION COMPANY LLC
	COAL FIELD REPAIR SERVICES LLC
	FORESIGHT COAL SALES LLC
	FORESIGHT ENERGY EMPLOYEE SERVICES CORPORATION
	FORESIGHT ENERGY FINANCE CORPORATION
	FORESIGHT ENERGY LABOR LLC
	FORESIGHT ENERGY SERVICES LLC
	HILLSBORO ENERGY LLC
	HILLSBORO TRANSPORT LLC
	LD LABOR COMPANY LLC
	LOGAN MINING LLC
	M-CLASS MINING LLC
	MACH MINING LLC
	MACOUPIN ENERGY LLC
	MARYAN MINING LLC
	OENEUS LLC (D/B/A SAVATRAN LLC)
	PATTON MINING LLC
	SENECA REBUILD LLC
	SITRAN LLC
	SUGAR CAMP ENERGY, LLC
	TANNER ENERGY LLC
	VIKING MINING LLC
	WILLIAMSON ENERGY, LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President and Chief Executive Officer

 
					
	CITIBANK, N.A.
	acting solely in its capacity as Lender Agent
		
	By:	 	 /s/ Dale R. Goncher

		 	Name:	 	Dale R. Goncher
		 	Title:	 	Vice President

 
					
	Wilmington Trust, National Association, as Trustee
		
	By:	 	 /s/ John T. Needham, Jr.

		 	Name:	 	John T. Needham, Jr.
		 	Title:	 	Vice President

 
					
	Wilmington Savings Fund Society, FSB, as Collateral Agent
		
	By:	 	 /s/ Geoffrey J. Lewis

		 	Name:	 	Geoffrey J. Lewis
		 	Title:	 	Vice President

 ANNEX I 

FORM OF GUARANTOR SUPPLEMENT 

[FORM OF] SUPPLEMENT NO. [            ] dated as of
[            ], 20[    ] (the “Supplement”), to the INTERCREDITOR AGREEMENT dated as of August 30, 2016 (the “Intercreditor
Agreement”), among FORESIGHT ENERGY LLC, a Delaware limited liability company (“Foresight”), FORESIGHT ENERGY FINANCE CORPORATION, a Delaware corporation, each of the Guarantors party thereto from time to time (each a
“Guarantor”), CITIBANK, N.A., as Administrative Agent and First Lien Collateral Agent, Wilmington Savings Fund Society, FSB, as Second Lien Collateral Agent, Wilmington Trust, National Association, as the Second Lien Exchangeable
PIK Notes Trustee, Wilmington Savings Fund Society, FSB, as the Second Lien Secured Notes Trustee, each Hedge Bank party thereto from time to time, each Secured Commodity Swap Counterparty party thereto from time to time, each Cash Management Bank
party thereto from time to time and each additional Representative party thereto from time to time.
 A. Capitalized terms used herein and
not otherwise defined herein shall have the meaning assigned to such terms in the Intercreditor Agreement. 
 B. The First Lien Guarantors,
the Second Lien Guarantors and the Third Lien Guarantors, if any, have entered into the Intercreditor Agreement. Pursuant to the First Lien Debt Documents, the Second Lien Debt Documents and the Third Lien Debt Documents, as applicable, certain
newly acquired or organized Subsidiaries or Parents of Foresight and other Credit Parties are required to enter into the Intercreditor Agreement. Section 8.07 of the Intercreditor Agreement provides that such Subsidiaries or Parents may become party
to the Intercreditor Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned [Subsidiary/Parent] (the “New Guarantor”) is executing this Supplement in accordance with the requirements of
the First Lien Debt Documents, the Second Lien Debt Documents and the Third Lien Debt Documents, as applicable. 
 Accordingly, the First
Lien Collateral Agent, the Second Lien Collateral Agent, the Third Lien Collateral Agent, if any, and the New Guarantor agree as follows: 

SECTION 1. In accordance with Section 8.07 of the Intercreditor Agreement, the New Guarantor by its signature below becomes a First
Lien Guarantor [and][,] a Second Lien Guarantor [and a Third Lien Guarantor] under the Intercreditor Agreement with the same force and effect as if originally named therein as a First Lien
Guarantor[and][,] a Second Lien Guarantor [and Third Lien Guarantor] and the New Guarantor hereby agrees to all the terms and provisions of the Intercreditor Agreement applicable to it as a First Lien Guarantor
[and][,] a Second Lien Guarantor [and a Third Lien Guarantor], thereunder. Each reference to a “First Lien Guarantor”, a “Second Lien Guarantor”[, a “Third Lien
Guarantor]” or a “Guarantor” in the Intercreditor Agreement shall be deemed to include the New Guarantor. The Intercreditor Agreement is hereby incorporated herein by reference. 

SECTION 2. The New Guarantor represents and warrants to each of the Collateral Agents and the other Secured Parties that this
Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms, except as such enforceability may be limited by Bankruptcy Laws and by
general principles of equity. 

 SECTION 3. This Supplement may be executed in counterparts, each of which shall constitute
an original, but all of which when taken together shall constitute a single contract. This Supplement shall become effective when each of the Collateral Agents shall have received a counterpart of this Supplement that bears the signature of the
New Guarantor. Delivery of an executed signature page to this Supplement by facsimile transmission or other electronic method shall be as effective as delivery of a manually signed counterpart of this Supplement. 

SECTION 4. Except as expressly supplemented hereby, the Intercreditor Agreement shall remain in full force and effect. 

SECTION 5. THIS SUPPLEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK 

SECTION 6. In case any one or more of the provisions contained in this Supplement should be held invalid, illegal or unenforceable in
any respect, no party hereto shall be required to comply with such provision for so long as such provision is held to be invalid, illegal or unenforceable, but the validity, legality and enforceability of the remaining provisions contained herein
and in the Intercreditor Agreement shall not in any way be affected or impaired. The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of
which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 SECTION 7. All communications and
notices hereunder shall be in writing and given as provided in Section 8.13 of the Intercreditor Agreement. All communications and notices hereunder to the New Guarantor shall be given to it in care of Foresight as specified in the Intercreditor
Agreement. 
 SECTION 8. Foresight agrees to reimburse each of the Collateral Agents for its reasonable out-of-pocket expenses in
connection with this Supplement, including the reasonable fees, other charges and disbursements of counsel for such Collateral Agents as required by the applicable First Lien Debt Documents, Second Lien Debt Documents or Third Lien Debt Documents.

 [Signatures on following pages.] 

  
 Annex I-2 

 IN WITNESS WHEREOF, the New Guarantor and each of the Collateral Agents have duly executed this Supplement to the
Intercreditor Agreement as of the day and year first above written. 
  

					
	[NAME OF NEW GUARANTOR]
	as First Lien Guarantor [and][,] Second Lien Guarantor [and Third Lien Guarantor] 
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

  

			
	Acknowledged by:
	
	[                    ], as First Lien Collateral Agent
		
	By:	 	  

		 	Name:
		 	Title:
	
	[                    ], as Second Lien Collateral Agent
		
	By:	 	  

		 	Name:
		 	Title:
	
	[[                    ], as Third Lien Collateral Agent
		
	By:	 	  

		 	Name:
		 	Title:]

  
 Annex I-3 

 ANNEX II 

FORM OF JOINDER AGREEMENT 

Reference is made to the INTERCREDITOR AGREEMENT dated as of August 30, 2016 (the “Intercreditor Agreement”), among FORESIGHT
ENERGY LLC, a Delaware limited liability company (“Foresight”), FORESIGHT ENERGY FINANCE CORPORATION, a Delaware corporation, each of the Guarantors party thereto from time to time (each a “Guarantor”), CITIBANK,
N.A., as Administrative Agent and First Lien Collateral Agent, Wilmington Savings Fund Society, FSB, as Second Lien Collateral Agent, Wilmington Trust, National Association, as the Second Lien Exchangeable PIK Notes Trustee, Wilmington Savings Fund
Society, FSB, as the Second Lien Secured Notes Trustee, each Hedge Bank party thereto from time to time, each Secured Commodity Swap Counterparty party thereto from time to time, each Cash Management Bank party thereto from time to time and each
additional Representative party thereto from time to time. 
 A. Capitalized terms used but not otherwise defined herein shall have the
meaning set forth in the Intercreditor Agreement.
 B. This Joinder Agreement (the “Joinder Agreement”) is being executed
and delivered pursuant to Section 8.10 of the Intercreditor Agreement as a condition precedent to the debt for which the undersigned is acting as representative being entitled to the rights and obligations of being [First/Second/Third] Lien
Obligations under the Intercreditor Agreement.
 SECTION 1. Joinder. The undersigned,
[                    ], a [                    ],
(the “New Secured Party”) as [trustee] [collateral trustee] [administrative agent] [collateral agent] [Hedge Bank] [Cash Management Bank] [Secured Commodity Swap Counterparty] under that certain [describe applicable indenture,
credit agreement or other document governing the applicable Secured Obligations] (the “New Debt Document”) hereby:
 (a)
becomes a [[[First][Second][Third] Lien Representative][[First][Second][Third] Lien Collateral Agent] on behalf of the [First][Second][Third] Lien Secured Parties party to the New Debt Document pursuant to which it has
been appointed agent to represent such Secured Parties and has been authorized to become a party to the Intercreditor Agreement on behalf of such Secured Parties][Hedge Bank][Cash Management Bank][Secured Commodity Swap
Counterparty] for all purposes of the Intercreditor Agreement on the terms set forth therein, and to be bound by the terms of the Intercreditor Agreement as fully as if the undersigned had executed and delivered the Intercreditor Agreement as
of the date thereof as a [[First][Second][Third] Lien Representative][Hedge Bank][Cash Management Bank][Secured Commodity Swap Counterparty]; and

(b) agrees that its address for receiving notices pursuant to the Intercreditor Agreement shall be as follows:

[Address] 

  
 Annex II-1 

 SECTION 2. Undertakings. The New Secured Party hereby acknowledges, agrees and
confirms that, by its execution of this Agreement:
 (a) the New Secured Party will be deemed to be a party to the Intercreditor Agreement,
and, from and after the date hereof, shall have all of the obligations of a [[First][Second][Third] Lien [Representative][Collateral Agent]][Hedge Bank][Cash Management Bank][Secured
Commodity Swap Counterparty] thereunder as if it had executed the Intercreditor Agreement and the New Debt Document shall be deemed a [First][Second][Third] Lien Debt Document under the Intercreditor Agreement and
all Obligations of the Credit Parties thereunder shall be [First][Second][Third] Lien Obligations for all purposes thereof and the New Secured Party hereby ratifies, as of the date hereof, and accedes to and agrees to be
bound by, all of the terms, provisions and conditions applicable to the [[First][Second][Third] Lien [Representative][Collateral Agent][Hedge Bank][Cash Management Bank][Secured
Commodity Swap Counterparty] contained in the Intercreditor Agreement; 
 (b) to the extent the New Secured Party is an agent or trustee for
one or more Secured Parties, the New Secured Party acknowledges that it has the authority to bind such Secured Parties to the Intercreditor Agreement and such Secured Parties are hereby bound by the terms and conditions of the Intercreditor
Agreement applicable to the [First][Second][Third] Lien Secured Parties and Secured Parties, including the provisions relating to the ranking of First Priority Liens, Second Priority Liens and Third Priority Liens and the
order of application of proceeds from enforcement of First Priority Liens, Second Priority Liens and Third Priority Liens.
 SECTION
3. Collateral Agent. [Each of the undersigned First/Second/Third Lien Representatives and the First/Second/Third Lien Secured Parties have appointed the First/Second/Third Lien Collateral Agent as collateral agent pursuant to the terms of
the First/Second/Third Lien Collateral Agency Agreement on behalf of the First/Second/Third Lien Secured Parties and the First/Second/Third Lien Collateral Agent represents and warrants that it has duly accepted such appointment.] 

SECTION 4. Full Force and Effect of Intercreditor Agreement. Except as expressly supplemented hereby, the Intercreditor
Agreement shall remain in full force and effect. 
 SECTION 5. Counterparts. This Joinder Agreement may be executed in
counterparts, each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Joinder Agreement by facsimile transmission or other electronic method
shall be as effective as delivery of a manually signed counterpart of this Joinder Agreement. 
 SECTION 6. Invalidity. In
case any one or more of the provisions contained in this Joinder Agreement should be held invalid, illegal or unenforceable in any respect, no party hereto shall be required to comply with such provision for so long as such provision is held to be
invalid, illegal or unenforceable, but the validity, legality and enforceability of the remaining provisions contained herein and in the Intercreditor Agreement shall not in any way be affected or impaired. The parties hereto shall endeavor in
good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

  
 Annex II-2 

 SECTION 7. Notices. All communications and notices hereunder shall be in writing
and given as provided in Section 8.13 of the Intercreditor Agreement.
 SECTION 8. Expenses. Foresight agrees to reimburse
each of the Secured Parties for its reasonable out-of-pocket expenses in connection with this Joinder Agreement, including the reasonable fees, other charges and disbursements of counsel for such Secured Parties as required by the applicable First
Lien Debt Documents, Second Lien Debt Documents or Third Lien Debt Documents. 
 SECTION 9. Governing Law. THIS JOINDER
AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 [Signatures on following
pages.] 

  
 Annex II-3 

 IN WITNESS WHEREOF, the parties hereto have caused this Joinder Agreement to be executed by their
respective officers or representatives as of [            ], 20[    ].
  

			
	[insert name of New Secured Representative], as [specify capacity in which New Secured Representative is executing/joining Intercreditor Agreement]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 The First Lien Collateral Agent hereby acknowledges receipt of this Joinder Agreement:

 

			
	[                    ]
	as First Lien Collateral Agent
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 The Second Lien Collateral Agent hereby acknowledges receipt of this Joinder Agreement:

 

			
	[                    ]
	as Second Lien Collateral Agent
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 [The Third Lien Collateral Agent hereby acknowledges receipt of this Joinder Agreement: 

 

			
	[                    ]
	as Third Lien Collateral Agent
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Annex II-4 

			
	Acknowledged and Agreed to by:
	
	FORESIGHT ENERGY LLC
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	FORESIGHT ENERGY FINANCE CORPORATION
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  
 Annex II-5EX-10.15

 Exhibit 10.15 
  

 
  

COLLATERAL TRUST AND INTERCREDITOR AGREEMENT 

dated as of August 30, 2016 

among 
 FORESIGHT ENERGY LLC, 

THE OTHER GRANTORS FROM TIME TO TIME PARTY HERETO, 

WILMINGTON SAVINGS FUND SOCIETY, FSB, 

as Second Lien Notes Trustee, 

WILMINGTON TRUST, NATIONAL ASSOCIATION 

as Exchangeable PIK Notes Trustee 

EACH ADDITIONAL SECURED REPRESENTATIVE 

from time to time a party hereto, 

and 
 WILMINGTON SAVINGS FUND
SOCIETY, FSB, 
 as Collateral Agent 
  

 
  

 Table of Contents 

 

							
		 		  	 	Page	  
	 SECTION 1. Definitions; Principles of Construction
	  	 	2	  
			
	 1.1
	 	Defined Terms	  	 	2	  
	 1.2
	 	Rules of Interpretation	  	 	7	  
		
	 SECTION 2. The Liens
	  	 	8	  
			
	 2.1
	 	Collateral Shared Equally and Ratably	  	 	8	  
	 2.2
	 	No New Liens	  	 	8	  
		
	 SECTION 3. Obligations and Powers of Collateral Agent; Intercreditor
Provisions
	  	 	9	  
			
	 3.1
	 	Undertaking of the Collateral Agent	  	 	9	  
	 3.2
	 	[Reserved]	  	 	10	  
	 3.3
	 	Enforcement of Liens	  	 	10	  
	 3.4
	 	Application of Proceeds	  	 	11	  
	 3.5
	 	Powers of the Collateral Agent	  	 	13	  
	 3.6
	 	Documents and Communications	  	 	13	  
	 3.7
	 	For Sole and Exclusive Benefit of Holders of Secured Obligations	  	 	13	  
	 3.8
	 	Second Lien Debt	  	 	13	  
	 3.9
	 	Impairment	  	 	16	  
	 3.10
	 	Insolvency or Liquidation Proceedings	  	 	17	  
	 3.11
	 	Rights as Unsecured Creditors	  	 	18	  
		
	 SECTION 4. Release of Liens, Agreements, Etc.
	  	 	18	  
			
	 4.2
	 	Agreements of the Collateral Agent and the Company	  	 	20	  
		
	 SECTION 5. Rights and Protections of the Collateral Agent
	  	 	21	  
			
	 5.1
	 	No Implied Duty	  	 	21	  
	 5.2
	 	Appointment of Agents and Advisors	  	 	21	  
	 5.3
	 	Other Agreements	  	 	21	  
	 5.4
	 	Solicitation of Instructions	  	 	21	  
	 5.5
	 	Limitation of Liability	  	 	22	  
	 5.6
	 	Documents in Satisfactory Form	  	 	22	  
	 5.7
	 	Entitled to Rely	  	 	22	  
	 5.8
	 	Triggering Event	  	 	23	  
	 5.9
	 	Actions by Collateral Agent	  	 	23	  
	 5.10
	 	Security or Indemnity in favor of the Collateral Agent	  	 	23	  
	 5.11
	 	Conflicts; Bona Fide Disputes	  	 	23	  
	 5.12
	 	Limitations on Duty of Collateral Agent in Respect of Collateral	  	 	24	  
	 5.13
	 	Assumption of Rights, Not Assumption of Duties	  	 	25	  
	 5.14
	 	No Liability for Clean Up of Hazardous Materials	  	 	25	  
	 5.15
	 	Request For Accounting	  	 	25	  
	 5.16
	 	Limitation on Obligations	  	 	25	  

  
 (i) 

 Table of Contents 

(continued) 
 Page 

 

							
	 5.17
	 	 Perfection of Collateral
	  	 	26	  
	 5.18
	 	 Entitled to Protections
	  	 	26	  
	 5.19
	 	 Obligation to Act
	  	 	26	  
	 5.20
	 	 Force Majeure
	  	 	26	  
	 5.21
	 	 USA PATRIOT Act
	  	 	27	  
	 5.22
	 	 Credit Decisions
	  	 	27	  
	 5.23
	 	 Collateral Agent in Individual Capacity
	  	 	27	  
	 5.24
	 	 Concerning the Collateral and the Other Security Documents and Intercreditor
Agreements
	  	 	28	  
		
	 SECTION 6. Removal or Resignation of the Collateral Agent
	  	 	28	  
			
	 6.1
	 	 Removal or Resignation of Collateral Agent
	  	 	28	  
	 6.2
	 	 Appointment of Successor Collateral Agent
	  	 	28	  
	 6.3
	 	 Succession
	  	 	28	  
	 6.4
	 	 Merger, Conversion or Consolidation of Collateral Agent
	  	 	29	  
		
	 SECTION 7. Miscellaneous Provisions
	  	 	29	  
			
	 7.1
	 	 Amendment
	  	 	29	  
	 7.2
	 	 Successors and Assigns
	  	 	30	  
	 7.3
	 	 Delay and Waiver
	  	 	31	  
	 7.4
	 	 Notices
	  	 	31	  
	 7.5
	 	 Notice Following Discharge of Secured Obligations
	  	 	32	  
	 7.6
	 	 Entire Agreement
	  	 	32	  
	 7.7
	 	 Payment of Expenses and Taxes: Indemnification
	  	 	32	  
	 7.8
	 	 Reserved
	  	 	33	  
	 7.9
	 	 Severability
	  	 	33	  
	 7.10
	 	 Headings
	  	 	33	  
	 7.11
	 	 Obligations Secured
	  	 	33	  
	 7.12
	 	 Governing Law
	  	 	34	  
	 7.13
	 	 Consent to Jurisdiction; Waivers
	  	 	34	  
	 7.14
	 	 Waiver of Jury Trial
	  	 	34	  
	 7.15
	 	 Counterparts
	  	 	34	  
	 7.16
	 	 Effectiveness
	  	 	34	  
	 7.17
	 	 Additional Grantors; Additional Secured Representatives
	  	 	35	  
	 7.18
	 	 Continuing Nature of this Agreement
	  	 	35	  
	 7.19
	 	 Insolvency
	  	 	35	  
	 7.20
	 	 Rights and Immunities of Secured Representatives
	  	 	35	  

  

					
	EXHIBIT	  		  	
			
	Exhibit A	  	—  	  	Form of Joinder Agreement

  
 (ii) 

This COLLATERAL TRUST AND INTERCREDITOR 
AGREEMENT (this “Agreement”), dated as of August 30, 2016, is by and among FORESIGHT ENERGY LLC, a Delaware limited liability company (the “Company”), FORESIGHT ENERGY FINANCE
CORPORATION, a Delaware corporation (together with the Company, the “Issuers”), the other Grantors from time to time party hereto, WILMINGTON SAVINGS FUND SOCIETY, FSB, as trustee under the Second Lien Notes Indenture (as defined
below) (in such capacity and together with it successors in such capacity, the “Second Lien Notes Trustee”), WILMINGTON TRUST, NATIONAL ASSOCIATION, as trustee under the Exchangeable PIK Notes Indenture (as defined below) (in such
capacity and together with its successors in such capacity, the “Exchangeable PIK Notes Trustee”), each additional Secured Representative (as defined below) that executes and delivers a Joinder Agreement (as defined below), and
WILMINGTON SAVINGS FUND SOCIETY, FSB, as collateral agent (in such capacity and together with its successors in such capacity, the “Collateral Agent”). 

RECITALS 
 WHEREAS, the
Company has entered into (i) that certain Indenture, dated as of the date hereof (as it may be amended, restated, supplemented or otherwise modified from time to time, the “Second Lien Notes Indenture”), by and among the
Issuers, the guarantors party thereto from time to time and the Second Lien Notes Trustee, relating to the Issuers’ Senior Secured Second Lien PIK Notes due 2021 (the “Second Lien Notes”) and (ii) that certain Indenture, dated
as of the date hereof (as it may be amended, restated, supplemented or otherwise modified from time to time, the “Exchangeable PIK Notes Indenture”), by and among the Issuers, the guarantors party thereto from time to time and the
Exchangeable PIK Notes Trustee, relating to the Issuers’ Senior Secured Second Lien Exchangeable PIK Notes due 2017 (the “Exchangeable PIK Notes”); 

WHEREAS, in connection with the execution and delivery of the Second Lien Notes Indenture and the Exchangeable PIK Notes Indenture, the
Grantors are entering into that certain Second Lien Pledge and Security Agreement, dated as of the date hereof (as it may be amended, restated, supplemented or otherwise modified from time to time, the “Security Agreement”), among
the Grantors party thereto from time to time and the Collateral Agent, and will on or after the Closing Date enter into certain mortgages (each, as it may be amended, restated, supplemented or otherwise modified from time to time, a
“Mortgage”), which Security Agreement and Mortgages provide that the Secured Obligations (as defined below) are to be secured Equally and Ratably by the collateral described therein; 

WHEREAS, the Collateral Agent has agreed to act as an agent on behalf of all Secured Parties (as defined in the Security Agreement) with
respect to the Collateral and is entering into this Agreement to, among other things, define the rights, duties, authority and responsibilities of the Collateral Agent and the relationship among the Secured Parties regarding their interests in the
Collateral. 
 NOW THEREFORE, in consideration of the premises and the mutual agreements herein set forth, the receipt and sufficiency of
which are hereby acknowledged, the parties to this Agreement hereby agree as follows: 

 SECTION 1. 

Definitions; Principles of Construction 

1.1 Defined Terms. Capitalized terms used but not defined in this Agreement will have the meanings assigned to them in the
Security Agreement, including any such terms defined therein by reference to other documents. The following terms will have the following meanings: 

“Additional Second Lien Debt” has the meaning set forth in the definition of “Second Lien Debt.” 

“Affiliate” has the meaning set forth in the Second Lien Notes Indenture. 

“Agreement” has the meaning set forth in the preamble, and includes any
amendments or supplements hereto. 
 “Bankruptcy Code” means Title 11 of the United States Code, as amended, or any similar
federal or state law for the relief of debtors. 
 “Bankruptcy Law” means the Bankruptcy Code, the Federal Rules of
Bankruptcy Procedure and any federal, state or foreign bankruptcy, insolvency, receivership or similar law for the relief of debtors. 

“Business Day” means a day other than a Saturday, Sunday or other day on which commercial banks in New York City or a
place of payment are authorized or required by law to close. 
 “Closing Date” means August 30, 2016. 

“Collateral” means all properties and assets of the Company and the other Grantors, now owned or hereafter acquired, in which
Liens have been granted to the Collateral Agent to secure any Secured Obligations. 
 “Collateral Agent” has the meaning
set forth in the preamble. 

“Company” has the meaning set forth in the preamble, and includes its
successors. 
 “Controlling Secured Parties” means, at any time, (a) prior to the Discharge of Second Lien Notes
Obligations, the holders of Second Lien Notes and (b) after the Discharge of Second Lien Notes Obligations, the holders of Exchangeable PIK Notes. 

“Controlling Secured Representative” means, with respect to any action or non-action at any time: 

(a) prior to the Discharge of Second Lien Notes Obligations, the Second Lien Notes Trustee, on behalf of, and acting at the direction of, the
percentage of holders of Second Lien Notes that is needed or required to take such action pursuant to the terms of the Second Lien Notes Indenture; and 

  
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 (b) after the Discharge of Second Lien Notes Obligations, the Exchangeable PIK Notes Trustee, on
behalf of, and acting at the direction of, the percentage of holders of Exchangeable PIK Notes that is needed or required to take such action pursuant to the terms of the Exchangeable PIK Notes Indenture. 

“Credit Parties” means, collectively, the Issuers and the Guarantors and their respective successors. 

“Debt” has the meaning set forth in the Second Lien Notes Indenture. 

“Discharge of Second Lien Notes Obligations” means the date on which the Collateral Agent is notified in writing that all
Second Lien Notes Obligations have been repaid indefeasibly in full in cash (in immediately available funds), including, without limitation, (i) any interest owed in respect of such amounts (including any interest accruing at the then applicable
rate provided for in the applicable Second Lien Debt Document in respect of amounts outstanding thereunder after the maturity of such amounts and any Post-Petition Interest), (ii) any other fees, premium (including make-whole premiums), costs or
charges accruing on or after an Insolvency or Liquidation Proceeding, whether or not such fees, make-whole premium, costs or charges would be allowed or allowable in such proceeding and (iii) any indemnification obligations, in respect of known
contingencies. 
 “Equally and Ratably” means, in reference to sharing of Liens granted to the Collateral Agent for the
benefit of the Secured Parties or proceeds of the sale, transfer or liquidation of Collateral as among holders of Secured Obligations, that such Liens or proceeds will be allocated and distributed to the applicable Secured Representative for each
outstanding Series of Second Lien Debt for the account of the holders of such Series of Second Lien Debt and such Secured Representative ratably in proportion to the Secured Obligations under each outstanding Series of Second Lien Debt when the
allocation or distribution is made. 
 “Event of Default” means an Event of Default (as defined in the Second Lien Notes
Indenture or the Exchangeable PIK Notes Indenture) or any other event of default (or equivalent thereunder) under any other Second Lien Debt Document. 

“Exchangeable PIK Notes” has the meaning set forth in the recitals hereto. 

“Exchangeable PIK Notes Indenture” has the meaning set forth in the recitals hereto. 

“Exchangeable PIK Notes Trustee” has the meaning set forth in the preamble hereto. 

“Exercise of Secured Creditor Remedies” means any of the following: 

(i)    the taking of any action to enforce or realize upon any Lien, including the institution of any foreclosure
proceedings or the noticing of any public or private sale pursuant to Article 9 of the Uniform Commercial Code, or taking any action to enforce any right or power to repossess, replevy, attach, garnish, levy upon or collect the proceeds of any Lien;

  
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 (ii) the exercise of any right or remedy provided to a secured creditor on account of a Lien
under any of the Security Documents, under applicable law, by self-help repossession, by notification to account obligors of any obligor, in bankruptcy or insolvency proceeding or otherwise, including the election to retain any of the Collateral in
satisfaction of a Lien; 
 (iii) the taking of any action or the exercise of any right or remedy in respect of the collection on, set off
against, marshaling of, injunction respecting or foreclosure on the Collateral or the proceeds thereof; 
 (iv) the appointment of a
receiver, receiver and manager or interim receiver of all or part of the Collateral; 
 (v) subject to preexisting rights and licenses, the
sale, lease, license, or other disposition of all or any portion of the Collateral by private or public sale or any other means permissible under applicable law; 

(vi) the exercise of any other right of a secured creditor under Article 9 of the Uniform Commercial Code; 

(vii) the exercise of any voting rights relating to any Collateral consisting of capital stock; 

(viii) receiving a transfer of Collateral in satisfaction of any obligation secured thereby; and 

(ix) the delivery of any notice, claim or demand relating to the Collateral to any Person (including any securities intermediary, depository
bank or landlord) in possession or control of any Collateral. 
 “Existing Second Lien Debt” has the meaning set forth in
the definition of “Second Lien Debt.” 
 “Grantors” means the Issuers, and each of the Guarantors that have
executed and delivered, or may from time to time hereafter execute and deliver, a Security Document as a “grantor” or “pledgor” (or the equivalent thereof). 

“Guarantors” means each Affiliate of the Company that has executed and delivered, or may from time to time hereafter execute
and deliver, a Second Lien Debt Instrument or a Security Document as a “guarantor” (or the equivalent thereof) of any Secured Obligations. 

  
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 “Insolvency or Liquidation Proceeding” means: 

(a) any case commenced by or against any Credit Party under any Bankruptcy Law, any other proceeding for the reorganization, recapitalization
or adjustment or marshalling of the assets or liabilities of any Credit Party, any receivership or assignment for the benefit of creditors relating to any Credit Party or any similar case or proceeding relative to any Credit Party or its
creditors, as such, in each case whether or not voluntary; 
 (b) any liquidation, dissolution, marshalling of assets or liabilities or other
winding up of or relating to any Credit Party, in each case whether or not voluntary and whether or not involving bankruptcy or insolvency; or 

(c) any other proceeding of any type or nature in which substantially all claims of creditors of any Credit Party are determined and any
payment or distribution is or may be made on account of such claims. 
 “Joinder Agreement” means an agreement
substantially in the form of Exhibit A. 
 “Lien Sharing and Priority Confirmation” means, as to any Series
of Second Lien Debt, a legend that shall be contained in the Second Lien Debt Instrument relating to such Series of Second Lien Debt that states: 

(a) that the Secured Representative for such Series of Second Lien Debt and all other holders of obligations in respect of such
Series of Second Lien Debt are bound by the provisions of this Agreement; 
 (b) the holders are consenting to and directing
the Collateral Agent to act as agent for such Series of Second Lien Debt or such Secured Representative, as applicable, and to perform its obligations under this Agreement and the Security Documents on behalf of such Series of Second Lien Debt and
such Secured Representative; and 
 (c) that all Secured Obligations will be and are secured Equally and Ratably by all Liens
at any time granted by the Company or any other Grantor to secure any obligations in respect of such Series of Second Lien Debt, whether or not upon property otherwise constituting collateral for such Series of Second Lien Debt, and that all such
Liens will be enforceable by the Collateral Agent for the benefit of all holders of Secured Obligations Equally and Ratably. 

“Mortgage” has the meaning set forth in the recitals. 

“Mortgaged Property” means all owned and leased real property that is subject to a Mortgage. 

“Non-Controlling Secured Party” means, at any time of determination, each Secured Party that is not a Controlling Secured
Party. 
 “Non-Controlling Secured Representatives” means, at any time of determination, each Secured Representative that
is not the Controlling Secured Representative at such time. 

  
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 “Officers’ Certificate” means a certificate signed on behalf of the Company
by two of any of the following natural persons: the chairman of the board, the chief executive officer, the president, the chief operating officer, the chief financial officer, the treasurer, any assistant treasurer, the controller, the secretary or
any vice president of the Company. 
 “Opinion of Counsel” means a written opinion from legal counsel who is acceptable to
the Collateral Agent. The counsel may be an employee of, or counsel to, the Company. 
 “Post-Petition Interest” means
interest, fees, costs, expenses and other charges that pursuant to any of the Second Lien Debt Documents is accruing as of, and continuing to accrue after, the commencement of any Insolvency or Liquidation Proceeding, whether or not such interest,
fees, costs, expenses and other charges are allowed or allowable under the Bankruptcy Law or in any such Insolvency or Liquidation Proceeding. 

“Second Lien Debt” means any Debt that (a) is permitted to be incurred or assumed by the Grantors under each Second Lien Debt
Document and (b) that is, and is permitted by the terms of each Second Lien Debt Document to be, secured Equally and Ratably with the Secured Obligations with respect to the Collateral, and shall include (i) the Debt outstanding as of the
Closing Date under the Second Lien Notes Indenture, (ii) the Exchangeable PIK Notes Indenture and, in each case, all interest paid-in-kind in respect thereof after the Closing Date in accordance with the terms thereof as in effect on the Closing
Date (clauses (i) and (ii), collectively, the “Existing Second Lien Debt”) and (iii) any Debt of the Grantors incurred after the Closing Date that complies with the requirements set forth in Section 3.8 (“Additional
Second Lien Debt”). 
 “Second Lien Debt Default” means, with respect to any Series of Second Lien Debt, any event
or condition which constitutes a “default” or “event of default” (or equivalent term) under the terms of any Second Lien Debt Instrument governing such Series of Second Lien Debt and causes, or permits holders of Second Lien Debt
outstanding thereunder to cause, the Second Lien Debt outstanding thereunder to become immediately due and payable. 
 “Second Lien
Debt Document” has the meaning set forth in the Security Agreement and shall include each Second Lien Debt Instrument. 

“Second Lien Debt Instrument” means: 

(1) in the case of the Second Lien Notes, the Second Lien Notes Indenture and the Second Lien Notes; 

(2) in the case of the Exchangeable PIK Notes, the Exchangeable PIK Notes Indenture and the Exchangeable PIK Notes; and 

(3) in the case of any other Series of Second Lien Debt, the credit agreement, indenture, loan agreement, note agreement, promissory note,
hedge agreement or other agreement or instrument governing such Series of Second Lien Debt. 
 “Second Lien Notes” has
the meaning set forth in the recitals hereto. 

  
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 “Second Lien Notes Indenture” has the meaning set forth in the recitals hereto.

“Second Lien Notes Obligations” has the meaning 
set forth in the Security Agreement. 
 “Second Lien Notes Trustee” has the meaning set forth in the preamble
hereto. 
 “Secured Representative” means: 

(1) in the case of the Second Lien Notes Indenture, the Second Lien Notes Trustee; 

(2) in the case of the Exchangeable PIK Notes Indenture, the Exchangeable PIK Notes Trustee; and 

(3) in the case of any other Series of Second Lien Debt, the respective creditor or any trustee, agent or representative thereof designated as
such in the respective Series of Second Lien Debt that signs a Joinder Agreement. 
 “Securitization Intercreditor
Agreement” means the Intercreditor Agreement (Securitization) dated as of August 30, 2010 among the Administrative Agent (as defined in the Intercreditor Agreement), the Collateral Agent, the Company, Foresight Receivables LLC, PNC Bank,
National Association, as administrative agent under that certain First Amended and Restated Receivables Financing Agreement dated as of August 30, 2016, as such Intercreditor Agreement (Securitization) may be amended, restated, supplemented,
otherwise modified, refinanced or replaced in connection with a transaction that is permitted under the Second Lien Debt Documents. 

“Security Agreement” has the meaning set forth in the recitals. 

“Security Documents” has the meaning assigned to the term “Second Lien Security Documents” in the Security
Agreement. 
 “Series of Second Lien Debt” means, severally, (i) Second Lien Debt under the Second Lien Notes Indenture,
(ii) Second Lien Debt under the Exchangeable PIK Notes Indenture and (iii) each separate issue of Second Lien Debt which constitutes Additional Second Lien Debt. 

“Triggering Event” means a Second Lien Debt Default under any then-effective Second Lien Debt Document. 

“UCC” means the Uniform Commercial Code as in effect in the State of New York or any other applicable jurisdiction. 

1.2 Rules of Interpretation. (a) All terms used in this Agreement that are defined in Article 9 of the UCC and not otherwise
defined herein have the meanings assigned to them in Article 9 of the UCC. 

  
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 (b) Unless otherwise indicated, any reference to any agreement or instrument will be deemed to
include a reference to that agreement or instrument as assigned, amended, supplemented, amended and restated, or otherwise modified and in effect from time to time or replaced in accordance with the terms of this Agreement. 

(c) The use in this Agreement or any of the other Security Documents of the word “include” or “including,” when following
any general statement, term or matter, will not be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not nonlimiting language (such
as “without limitation” or “but not limited to” or words of similar import) is used with reference thereto, but will be deemed to refer to all other items or matters that fall within the broadest possible scope of such general
statement, term or matter. The word “will” shall be construed to have the same meaning and effect as the word “shall.” 

(d) References to “Sections,” “clauses,” “recitals” and the “preamble” will be to Sections, clauses,
recitals and the preamble, respectively, of this Agreement unless otherwise specifically provided. References to “Exhibits” and “Schedules” will be to Exhibits and Schedules, respectively, to this Agreement unless otherwise
specifically provided. 
 (e) This Agreement and the other Security Documents will be construed without regard to the identity of the party
who drafted it and as though the parties participated equally in drafting it. Consequently, each of the parties acknowledges and agrees that any rule of construction that a document is to be construed against the drafting party will not be
applicable either to this Agreement or the other Security Documents. 
 SECTION 2. 

The Liens 

2.1 Collateral Shared Equally and Ratably. The parties to this Agreement agree that, except as expressly set forth in Section
3.9, the payment and satisfaction of all of the Secured Obligations of each Series of Second Lien Debt shall be secured Equally and Ratably by the Liens established in favor of the Collateral Agent for the benefit of the Secured Parties
belonging to all Series of Second Lien Debt. Accordingly, each party hereto agrees that it will not contest, and hereby waives any right to contest or to support, directly or indirectly, any other Person in contesting, in any proceeding
(including any Insolvency or Liquidation Proceeding), the perfection, priority, validity or enforceability of a Lien held by or on behalf of the Collateral Agent or on behalf of any of the Secured Parties in all or any part of the Collateral. 

2.2 No New Liens. (a) The Company shall not, and shall not permit any other Grantor to, grant or permit any
additional Liens on any asset or property of the Company or any other Grantor to secure any Secured Obligations unless it has granted or concurrently grants a Lien on such asset or property to secure all Secured Obligations. 

  
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 (b) If, notwithstanding the provisions of Section 2.2(a) above but subject to Section
3.9, any Secured Party acquires any Lien over any asset or property of the Company or any other Grantor that is not part of the Collateral, such Secured Party will forthwith assign or deliver such Lien to the Collateral Agent, or shall deliver
to the Collateral Agent a written acknowledgment that such Secured Party holds such Lien for the account of the Collateral Agent for the benefit of all of the Secured Parties Equally and Ratably and that such Secured Party shall undertake the
Exercise of Secured Creditor Remedies with respect to such Lien only upon the written direction or instruction of the Collateral Agent. 

(c) It is understood and agreed that nothing in this Agreement is intended to give rights to any Person in any Collateral in which such Person
(or its agent or representative) does not have a security interest. 
 SECTION 3. 

Obligations and Powers of Collateral Agent; Intercreditor Provisions 

3.1 Undertaking of the Collateral Agent. (a) Subject to, and in accordance with, this Agreement and the other Security Documents,
each Secured Representative hereby authorizes the Collateral Agent, for the benefit of the Secured Parties, to: 
 (1)
accept, enter into, hold, maintain, administer and enforce all Security Documents, including all Collateral subject thereto, and all Liens created thereunder, perform its obligations under the Security Documents and protect, exercise and enforce the
interests, rights, powers and remedies granted or available to it under, pursuant to or in connection with the Security Documents; 

(2) take all lawful and commercially reasonable actions permitted under the Security Documents to protect or preserve its
interest in the Collateral subject thereto and such interests, rights, powers and remedies; 
 (3) deliver and receive
notices pursuant to and in accordance with the terms of the Security Documents; 
 (4) sell, assign, collect, assemble,
foreclose on, institute legal proceedings with respect to, or otherwise exercise or enforce the rights and remedies of a secured party (including a mortgagee, trust deed beneficiary and insurance beneficiary or loss payee) with respect to
the Collateral under the Security Documents and its other interests, rights, powers and remedies; 
 (5) remit as provided in
Section 3.4 all cash proceeds received by the Collateral Agent from the collection, foreclosure or enforcement of its interest in the Collateral under the Security Documents or any of its other interests, rights, powers or remedies; 

(6) execute and deliver amendments to the Security Documents as from time to time authorized pursuant to Section 7.1 and
the applicable Second Lien Documents; 
 (7) release any Lien granted to it by any Security Document upon any Collateral if
and as required or permitted by Section 4.1; and 

  
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 (8) enter into and perform its obligations under the Intercreditor Agreement and
the Securitization Intercreditor Agreement. 
 (b) Each party to this Agreement acknowledges and consents to the authorization of the
Collateral Agent set forth in Section 3.1(a), agrees to each of the other provisions of this Agreement applicable to the Collateral Agent and agrees to be bound by the documents authorized under Section 3.1(a) that are entered into by
the Collateral Agent on its behalf. 
 (c) Notwithstanding anything to the contrary contained in this Agreement, the Collateral Agent will
not exercise remedies or commence any foreclosure actions or otherwise take any action or proceeding against any of the Collateral unless it shall have received a written direction to do so from the Controlling Secured Representative, subject to the
terms of the Intercreditor Agreement. 
 3.2 [Reserved]. 

3.3 Enforcement of Liens. (a) Until the Discharge of Second Lien Notes Obligations shall have occurred, whether or not any
Insolvency or Liquidation has been commenced by or against any Credit Party, the Collateral Agent and each Non-Controlling Secured Representative, for itself and on behalf of each Secured Party (in its capacity as a Secured Party) under its Second
Lien Debt Instrument (each of which is, for the avoidance of doubt, a Non-Controlling Secured Party), each hereby agree as follows: 

(1) no Non-Controlling Secured Representative nor any Secured Party under its Second Lien Debt Instrument shall (x) exercise or
seek to exercise any rights or remedies (including setoff) with respect to any Collateral in respect of its Series of Second Lien Debt, or institute any action or proceeding with respect to such rights or remedies (including any action of
foreclosure), including any Exercise of Secured Creditor Remedies, (y) contest, protest or object to (A) any foreclosure proceeding or action brought with respect to the Collateral by the Collateral Agent, at the written direction of the Controlling
Secured Representative, or by the Controlling Secured Representative or by any Controlling Secured Party, (B) the exercise of any right by the Collateral Agent, at the written direction of the Controlling Secured Representative, or by the
Controlling Secured Representative or by any Controlling Secured Party (or, in each case, any agent or sub-agent on their behalf, including the Collateral Agent) in respect of the Secured Obligations under any lockbox agreement, control agreement,
landlord waiver or bailee’s letter or similar agreement or arrangement, or (C) any other exercise by the Collateral Agent, at the written direction of the Controlling Secured Representative, or by the Controlling Secured Representative or
by any Controlling Secured Party, of any rights and remedies relating to the Collateral that are not prohibited by this Agreement or (z) object to the forbearance by the Collateral Agent, at the written direction of the Controlling Secured
Representative, or by the Controlling Secured Representative or by any Controlling Secured Party, from bringing or pursuing any foreclosure proceeding or action or any other exercise of any rights or remedies relating to the Collateral; 

  
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 (2) the Controlling Secured Representative shall have the exclusive right to
direct or instruct the Collateral Agent to enforce rights or exercise remedies with respect to the Collateral and to make determinations regarding the release, disposition or restrictions with respect to the Collateral (in each case, including the
direction of the Collateral Agent in the Exercise of Secured Creditor Remedies) without any consultation with or the consent of any Non-Controlling Secured Representative or any Non-Controlling Secured
Party; 
 (3) (i) agrees that it will not take any action the purpose and intent of which is to hinder any exercise of
remedies undertaken by the Collateral Agent (so long as such exercise of remedies is not prohibited by this Agreement), at the written direction of the Controlling Secured Representative, or by the Controlling Secured Representative or by any
Controlling Secured Party, with respect to the Collateral, including any sale, lease, exchange, transfer or other disposition of the Collateral, whether by foreclosure or otherwise, or any other Exercise of Secured Creditor Remedies, and (ii) hereby
waives any and all rights it may have as a secured creditor to object to the manner in which the Collateral Agent, at the written direction of the Controlling Secured Representative, or by the Controlling Secured Representative or by any Controlling
Secured Party, seeks to enforce or collect the Secured Obligations or the Liens granted on any of the Collateral; 
 (4) the
sole right of each Non-Controlling Secured Representative and each Non-Controlling Secured Party under its Second Lien Debt Instrument with respect to the Collateral is to hold a Lien on such Collateral through the Collateral Agent, and
to receive distributions of Collateral or proceeds thereof in accordance with Section 3.4. 
 (b) If the Collateral Agent at any
time receives written notice that any Triggering Event has occurred entitling the Collateral Agent to foreclose upon, collect or otherwise enforce its Liens hereunder or under any Security Document, the Collateral Agent will
promptly deliver written notice thereof to each Secured Representative. Thereafter, the Collateral Agent shall await written direction by the Controlling Secured Representative and, subject to its receipt of indemnity or security reasonably
satisfactory to it, shall, subject to the Intercreditor Agreement, act as directed in writing by the Controlling Secured Representative, in the exercise and enforcement of the Collateral Agent’s interests, rights, powers and remedies in respect
of the Collateral or under the Security Documents or applicable law, including the Exercise of Secured Creditor Remedies. 
 3.4
Application of Proceeds. 
 (a) Subject to the terms of the Intercreditor Agreement, the Collateral Agent will apply the proceeds from
any collection, sale, foreclosure or other realization upon Collateral, including proceeds of any title insurance policy required under any Second Lien Debt Document and any transfer of Collateral arising from a credit bid in the following order of
application: 
 FIRST, on a pro rata basis, to the payment of all reasonable and documented fees, costs and expenses incurred
by (i) the Collateral Agent in connection with such sale, collection or realization or otherwise in connection with this Agreement, any of the Secured Obligations or the Intercreditor Agreement, including all court costs and the

  
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reasonable fees and expenses of its co-trustees, agents and legal counsel, and any other reasonable and documented costs or expenses incurred in connection with the exercise of any right or
remedy hereunder and (ii) each Secured Representative in connection with its role as trustee, agent or similar role under the Second Lien Debt Instrument relating to its Series of Second Lien Debt; 

SECOND, to Secured Parties which have theretofore advanced or paid any amounts of the types described in priority First above
to the Collateral Agent or any Secured Representative, other than any amounts paid under priority First above, an amount equal to the amount thereof so advanced or paid by such Secured Parties and for which such Secured Parties have not been
previously reimbursed, as set forth in a certificate from such Secured Party delivered to the Collateral Agent and each Secured Representative at least three (3) Business Days prior to the date of distribution (or such shorter period as the
Collateral Agent shall agree in its sole discretion) of such proceeds by the Collateral Agent, such amounts to be distributed among such Secured Parties pro rata in accordance with the respective amounts so advanced or paid and not previously
reimbursed; 
 THIRD, to the Secured Representatives for the payment of accrued and unpaid interest and any premium that is
then due and payable under the Second Lien Debt Instruments governing each Series of Second Lien Debt, such amounts to be distributed among such Secured Representatives pro rata in accordance with the respective amounts of accrued and unpaid
interest and premium then due and owing under the Second Lien Debt Instrument applicable to its Series of Second Lien Debt, in each case, as set forth in a written direction to the Collateral Agent executed by the applicable Secured Representative;

 FOURTH, to the Secured Representatives for the payment of principal and other Secured Obligations that are then due and
payable under the Second Lien Debt Instruments, such amounts to be distributed among such Secured Representatives pro rata in accordance with the respective amounts of principal and other Secured Obligations then due and owing under the Second Lien
Debt Instrument applicable to its Series of Second Lien Debt, in each case, as set forth in a written direction to the Collateral Agent executed by the applicable Secured Representative; and 

FIFTH, subject to the terms of the Intercreditor Agreement, to the Company on behalf of the Credit Parties or as a court of
competent jurisdiction may direct. 
 This Section 3.4 is intended for the benefit of, and will be enforceable as a third party
beneficiary by, each present and future holder of Secured Obligations, each present and future Secured Representative and the Collateral Agent. The Secured Representative of each future Series of Second Lien Debt will, to the extent provided in this
Agreement, be required to deliver a Lien Sharing and Priority Confirmation to the Collateral Agent at the time of incurrence of such Series of Second Lien Debt. 

  
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 (b) In connection with the application of proceeds pursuant to this Section 3.4, the
Collateral Agent may sell any non-cash proceeds for cash prior to the application of the proceeds thereof. 
 (c) Any Collateral or proceeds
thereof received by the Collateral Agent or any Secured Parties (other than pursuant to a distribution made by the Collateral Agent in accordance with Section 3.4(a)) shall be segregated and held in trust and, if received by a Secured Party,
forthwith paid over to the Collateral Agent for the benefit of the Secured Parties, in the same form as received, with any necessary endorsements or as a court of competent jurisdiction may otherwise direct. 

3.5 Powers of the Collateral Agent. (a) The Collateral Agent is irrevocably authorized and empowered to enter into and perform
its obligations under, and to protect, perfect, exercise and enforce its interest, rights, powers and remedies under, the Security Documents and applicable law and in equity and to act as expressly set forth in this Section 3 or as
requested in any lawful directions given to it in writing from time to time in respect of any matter by the Controlling Secured Representative. 

(b) No Secured Representative or holder of Secured Obligations will have any liability whatsoever for any act or omission of the Collateral
Agent. 
 3.6 Documents and Communications. The Collateral Agent will permit each Secured Representative and each holder of
Secured Obligations, upon reasonable written notice from time to time and during normal business hours, to inspect and copy, at the cost and expense of the party requesting such copies, any and all Security Documents and other documents, notices,
certificates, instructions or communications received by the Collateral Agent in its capacity as such. 
 3.7 For Sole and
Exclusive Benefit of Holders of Secured Obligations. Except as provided in the Intercreditor Agreement, the Collateral Agent will accept, hold and enforce all Liens on the Collateral at any time transferred or delivered to it, and all other
interests, rights, powers and remedies at any time granted to or enforceable by the Collateral Agent, and all other property constituting Collateral solely and exclusively for the benefit of the present and future holders of present and future
Secured Obligations, and will distribute all proceeds received by it in realization thereon or from enforcement thereof solely and exclusively pursuant to the provisions of Section 3.4. 

3.8 Second Lien Debt. (a) The Collateral Agent will, as collateral agent hereunder, perform its obligations hereunder for the
benefit of each holder of Secured Obligations of a Series of Second Lien Debt that: 
 (1) holds Existing Second Lien Debt or
Additional Second Lien Debt identified as such in accordance with the procedures set forth in Section 3.8(b); 
 (2)
in the case of Additional Second Lien Debt, signs, through its designated Secured Representative identified pursuant to Section 3.8(b), a Joinder Agreement; and 

  
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 (3) is evidenced or governed by an indenture, credit agreement, loan agreement,
note agreement, hedge agreement, promissory note or other agreement or instrument that includes a Lien Sharing and Priority Confirmation. 

(b) The Company will be permitted to designate as an additional holder of Second Lien Debt hereunder each Person who is, or who becomes, the
holder of Additional Second Lien Debt. The Company may effect such designation by delivering to the Collateral Agent each of the following: 

(1) an Officer’s Certificate describing in reasonable detail the respective Additional Second Lien Debt and stating that
the Company or such other Grantor has incurred or intends to incur such obligations as “Additional Second Lien Debt” which is or will be permitted by this Agreement and each other applicable Second Lien Debt Document to be incurred and
secured by a Lien Equally and Ratably with all previously existing and future Second Lien Debt; and 
 (2) a Joinder
Agreement executed by the Secured Representative for such series of Additional Second Lien Debt, which shall include the name and address of such Secured Representative for purposes of Section 8.6. 

Notwithstanding the foregoing, nothing in this Agreement will be construed to allow the Company or any other Grantor to incur additional
Indebtedness or grant additional Liens unless, in each case, permitted by the terms of all applicable Second Lien Debt Documents. 
 (c)
With respect to any Additional Second Lien Debt, the Company and each of the Grantors agrees to take such actions (if any) as may from time to time be necessary or required by law, or reasonably requested by the Collateral Agent or by the
Controlling Secured Representative, and to enter into such technical amendments, modifications and/or supplements to the then-existing guarantees and Security Documents (or execute and deliver such additional Security Documents) as may from time to
time be necessary or required by applicable law, or reasonably requested by the Collateral Agent (including as contemplated by clause (d) below), to ensure that the relevant Additional Second Lien Debt is secured by, and entitled to the
benefits of, the relevant Security Documents, and each Secured Party (by its acceptance of the benefits hereof) hereby agrees to, and authorizes the Collateral Agent to enter into, any such technical amendments, modifications and/or supplements
(and additional Security Documents). The Company and each Grantor hereby further agree that, if there are any recording, filing or other similar fees payable in connection with any of the actions to be taken pursuant to this Section 3.8(c) or
(d), all such amounts shall be paid by, and shall be for the account of, the Company and the respective Grantors, on a joint and several basis. 

(d) Without limitation of the foregoing, the Company and each of the Grantors agrees to take the following actions in connection with the
incurrence of any Additional Second Lien Debt: 
 (1) with respect to any real property Collateral, within 90 days after the
date of incurrence of such Additional Second Lien Debt: 

  
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 (A) The Company and the Grantors shall enter into, and record in all applicable
jurisdictions a modification of the existing Mortgages, and deliver to the Collateral Agent evidence of such recording in all applicable jurisdictions; provided; however, that no mortgage modification shall be required if the Collateral Agent is
provided local counsel opinions substantially to the effect that (1) the recording of the existing Mortgage is the only filing or recording necessary to give constructive notice to third parties of the lien created by such Mortgage as security for
the Secured Obligations, including any Additional Second Lien Debt, and the other documents executed in connection therewith; and (2) no other documents, instruments, filings, recordings, re-recordings, re-filings or other actions, including,
without limitation, the payment of any mortgage recording taxes or similar taxes, are necessary under applicable law in order to maintain the continued enforceability, validity or priority of the Lien created by such Mortgage as security for the
Secured Obligations, including any Additional Second Lien Debt, which opinions are issued by law firms, in each case, of national or regional reputation as determined by the Company in its reasonable judgment; 

(B) The Company or the applicable Grantor will cause to be delivered to the Collateral Agent and each Secured Representative a
local counsel opinion regarding due authorization, execution and enforceability of each mortgage modification entered into pursuant to clause (A) above, which opinions are issued by law firms, in each case, of national or regional
reputation as determined by the Company in its reasonable judgment; 
 (C) The Company or the applicable Grantor will cause a
title company to have delivered to the Collateral Agent, if a modification to any existing Mortgages is required pursuant to clause (A) above and there is a title insurance policy then in effect for the benefit of the Secured Parties with respect to
the applicable existing Mortgages, an endorsement to such title insurance policy insuring that the priority of the Lien of the applicable Mortgage(s) as security for the Secured Obligations has not changed, and insuring or otherwise have
delivered evidence that since the later of the original date of such title insurance policy and the date of the last endorsement dating down the title insurance policy delivered most recently prior to (and not in connection with) such Additional
Second Lien Debt, (1) there has been no change in the condition of title, other than that which is permitted by each Second Lien Debt Document and (2) there are no intervening liens or encumbrances which may then or thereafter take priority over the
Lien of the applicable Mortgage(s), in each case other than liens and encumbrances not prohibited by any Second Lien Debt Documents; 

(D) If an updated title insurance policy with respect to any existing Mortgage is required to be delivered pursuant to clause
(C) above, the Company or the applicable Grantor shall cause to be delivered to the title company either an ALTA survey or any existing survey together with a no-change affidavit as required by the title company to remove all standard survey
exceptions from the updated title insurance policy obtained pursuant to clause (C) above related to such Mortgaged Property and issue those endorsements to any such updated title insurance policy that are applicable and available at commercially
reasonable rates in the jurisdiction in which such Mortgaged Property is located; and 

  
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 (E) The Company or the applicable Grantor will deliver to the approved title
company, the Collateral Agent and each Secured Representative and/or all other relevant third parties all other items reasonably necessary to maintain the continuing priority, other than Liens and encumbrances permitted by each Second Lien
Debt Document, of (i) the Lien of the Mortgages as security for the Secured Obligations and (ii) any other Mortgages which secure Second Lien Debt. 

(2) with respect to any personal property Collateral, on the date of incurrence of such Additional Second Lien Debt: 

(A) The Company and the Grantors shall enter into, and deliver to the Collateral Agent either (x) amendments to this Agreement
and the Security Documents that permit the obligations with respect to such Second Lien Debt to be secured pari passu with the then existing Secured Obligations or (y) additional security and collateral documents which are substantially similar
to the Security Documents, in each case, to the extent required under the Security Documents; 
 (B) The Company or the
applicable Grantors will cause to be delivered to the Collateral Agent and each Secured Representative opinions of local and other counsel with respect to such personal property Collateral in form and substance, and issued by law firms, in each
case, to the extent required under the Security Documents; and 
 (C) The Company or the applicable Grantors will take all
actions reasonably necessary or required by law, or as requested by the Collateral Agent, to maintain the continuing priority of the Liens securing the Secured Obligations such that all Liens securing Second Lien Debt shall have the same priority as
any existing Liens securing the Secured Obligations prior to the incurrence of such Additional Second Lien Debt and the priority of the Liens securing the Secured Obligations shall not be affected by the incurrence of the Additional Second Lien
Debt. 
 3.9 Impairment. It is the intention of the Secured Parties of each Series of Second Lien Debt that the holders of
Secured Obligations of such Series of Second Lien Debt (and not the Secured Parties of any other Series of Second Lien Debt) bear the risk of any determination by a court of competent jurisdiction that (x) any of the Secured Obligations of such
Series of Second Lien Debt are unenforceable under applicable law or are subordinated to any other obligations, (y) any of the Secured Obligations of such Series of Second Lien Debt do not have an enforceable security interest in any of the
Collateral securing any other Series of Second Lien Debt and/or (z) any intervening security interest exists securing any other obligations (other than another Series of Second Lien Debt) on a basis ranking prior to the security interest of such
Series of Second Lien Debt but junior to the security interest of any other Series of Second Lien Debt (any such condition with respect to any Series of Debt, an “Impairment” of such Series). In the event of any Impairment with
respect to any Series of Debt, the results of such Impairment shall be borne solely by the holders of such Series of Second Lien Debt, and the rights of the holders of such Series of Second Lien Debt set forth herein shall be modified to the extent
necessary so that the effects of such Impairment are borne solely by the holders of the Series of such Secured Obligations subject to such Impairment. 

  
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 3.10 Insolvency or Liquidation Proceedings. 

(a) Until the Discharge of Second Lien Notes Obligations has occurred, if any Credit Party becomes the subject of any Insolvency or Liquidation
Proceeding and the Collateral Agent, acting at the written direction of the Controlling Secured Representative, or the Controlling Secured Representative desires to consent (or not object) to the sale, use or lease of cash or other Collateral or to
consent (or not object) to any Credit Party’s obtaining financing under Section 363 or Section 364 of the Bankruptcy Code or any similar provision of any other Bankruptcy Law (“DIP Financing”), then each Non-Controlling Secured
Representative, for itself and on behalf of each Secured Party under its Series of Second Lien Debt (each of which is, for the avoidance of doubt, a Non-Controlling Secured Party) each agrees: 

(1) such Non-Controlling Secured Representative and such Secured Parties will raise no objection to, and will not otherwise
contest, such sale, use or lease of cash or other Collateral, unless (i) the Collateral Agent, at the written direction of the Controlling Secured Representative, or the Controlling Secured Representative, opposes or objects to such proposed sale,
use or lease of cash or other Collateral or (ii) such Non-Controlling Secured Representative is (A) provided with adequate protection as a result of such sale, use or lease of cash or other Collateral that is less than the adequate protection
provided to the Controlling Secured Representative as a result of such sale, use or lease of cash or other Collateral or (B) not provided with adequate protection as a result of such sale, use or lease of cash or other Collateral, unless the
Controlling Secured Representative is not provided with adequate protection as a result of such sale, use or lease of cash or other Collateral; provided that, in the case of this clause (1), with respect to a sale of Collateral, (x) the proceeds of
such sale are applied in accordance with Section 3.4 or (y) the liens, mortgages or other security interests attaching to the Collateral subject to such sale attach to the proceeds thereof with the same lien priority as set forth herein; and

 (2) such Non-Controlling Secured Representative will raise no objection to, and will not otherwise contest, such DIP
Financing, unless (A) the Collateral Agent, at the written direction of the Controlling Secured Representative, or the Controlling Secured Representative opposes or objects to such DIP Financing or (B) such Non-Controlling Secured
Representative is (A) provided with adequate protection as a result of such DIP Financing that is less than the adequate protection provided to the Controlling Secured Representative as a result of such DIP Financing or (B) not provided with
adequate protection as a result of DIP Financing, unless the Controlling Secured Representative is not provided with adequate protection as a result of such DIP Financing. 

(b) Until the Discharge of Second Lien Notes Obligations has occurred, each Non-Controlling Secured Representative, for itself and on behalf of
each Secured Party under its Series of Second Lien Debt (which, for the avoidance of doubt, are all Non-Controlling Secured Parties), agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or
Liquidation Proceeding or take any action in derogation thereof, in each case in respect of any Collateral, without the prior written consent of the Controlling Secured Representative. 

  
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 (c) Each Non-Controlling Secured Representative, for itself and on behalf of each Secured Party
under its Series of Second Lien Debt (each of which is, for the avoidance of doubt, a Non-Controlling Secured Party), agree that none of them shall contest (or support any other Person contesting): 

(1) any request by the Collateral Agent, at the written direction of the Controlling Secured Representative, by the Controlling
Secured Representative or by any Controlling Secured Party for adequate protection with respect to the Collateral, unless such Non-Controlling Secured Representative is provided with no adequate protection as a result of such DIP Financing or
adequate protection as a result of such DIP Financing that is less than the adequate protection provided to the Controlling Secured Representative as a result of such DIP Financing; or 

(2) any objection by the Collateral Agent, at the written direction of the Controlling Secured Representative, by the
Controlling Secured Representative or by any Controlling Secured Party to any motion, relief, action or proceeding based on claiming a lack of adequate protection with respect to the Collateral. 

3.11 Rights as Unsecured Creditors. The Secured Parties may exercise rights and remedies as unsecured creditors in accordance
with the terms of the respective Second Lien Debt Instruments and applicable law so long as such rights and remedies do not violate any express provision of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Secured Party of
principal, premium, interest, fees and other amounts due under the applicable Second Lien Debt Documents; provided that to the extent any Secured Party receives such amounts in connection with the exercise of any right or remedy against the
Collateral or in connection with any sale, transfer or other disposition of Collateral, such amounts shall be subject to Section 3.4. Any Secured Party may disavow or disclaim the Liens securing the Second Lien Obligations owed to such Secured
Party in full or in part and such Secured Party may act in its capacity as an unsecured creditor in respect thereof. 
 SECTION 4.

 Release of Liens, Agreements, Etc. 

4.1 Release or Subordination of Liens on Collateral. 

(a) The applicable property or assets included in the Collateral shall be automatically released from the Liens of the Collateral Agent
securing the Secured Obligations under any one of the following circumstances: 
 (1) upon the consummation by an Issuer or
any Guarantor of any disposition of property or assets to a Person that is not an Issuer or a Guarantor to the extent such disposition is not prohibited by the Second Lien Debt Documents; 

(2) in respect of the property or assets of a Guarantor, upon the designation of such Guarantor to be an Unrestricted
Subsidiary (or equivalent term) in accordance with the Second Lien Debt Documents and the definition of “Unrestricted Subsidiary” (or equivalent term); 

  
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 (3) in respect of the property and assets of a Guarantor, upon the release or
discharge of such Guarantor of its obligations as a guarantor in respect of the Second Lien Debt Documents in accordance with the Second Lien Debt Documents; 

(4) upon the occurrence of any event requiring such release under the terms of the Intercreditor Agreement; 

(5) upon any such property or asset being excluded from the Collateral pursuant to Section 2.2 of the Security Agreement; or

 (6) if such release is directed in writing by the Controlling Secured Representative. 

The Collateral Agent shall not release any Lien upon any Collateral, except as expressly provided in this Section 4.1(a) and in
Section 4.1(b). 
 (b) The Liens of the Collateral Agent in all Collateral securing the Secured Obligations also will be released if
all Secured Obligations have been paid in full in immediately available funds or defeased in accordance with the terms of the applicable Second Lien Debt Documents. 

(c) At any time that any Grantor desires that the Collateral Agent take any action to acknowledge or give effect to any release of Collateral
pursuant to the provisions of Section 4.1(a) or 4.1(b), the Company shall, on behalf of itself or the respective Grantor, deliver to the Collateral Agent an Officers’ Certificate and an Opinion of Counsel, each stating that the
release of the respective Collateral is permitted pursuant to Section 4.1(a)(1), (2), (3), (4), (5) or (6) or Section 4.1(b), as the case may be. In determining whether any release of
Collateral is permitted, the Collateral Agent shall be entitled to conclusively rely on any Officers’ Certificate and any Opinion of Counsel furnished to it pursuant to the immediately preceding sentence. All actions taken pursuant to this
Section 4.1 shall be at the sole cost and expense of the Company and the respective Grantor. 
 (d) The Collateral Agent shall not
subordinate any Lien of the Collateral Agent upon the Collateral or consent to the subordination of any Lien of the Collateral Agent on the Collateral, except (i) as ordered pursuant to applicable law under a final and nonappealable order or
judgment of a court of competent jurisdiction, (ii) pursuant to the Intercreditor Agreement and (iii) as directed in writing by the Controlling Secured Representative accompanied by an Officers’ Certificate and Opinion of Counsel delivered by
the Company to the effect that the subordination was permitted by each applicable Second Lien Debt Document. 
 (e) Notwithstanding anything
herein to the contrary, at any time when an Event of Default has occurred and is continuing and the maturity of the applicable Second Lien Debt has been accelerated and the applicable Secured Representative has delivered a notice of such
acceleration to the Collateral Agent, thereafter no release of Collateral pursuant to the provisions of this Agreement will be effective unless and until the applicable Secured
Representative delivers notice to the Collateral Agent that such acceleration has been rescinded or that the applicable Second Lien Debt has been paid in full or been defeased in accordance with the terms of the applicable Second Lien Debt
Documents. 

  
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 (f) If a Secured Representative delivers a notice to the Collateral Agent that such Secured
Representative, on behalf of the holders of the applicable Series of Second Lien Debt, disclaims and gives up any and all rights it has in and to the Collateral, and any rights it has under the Security Documents, then the Collateral Agent
shall be deemed not to hold a Lien in the Collateral on behalf of such Secured Representative and the holders of such Series of Second Lien Debt and the Obligations in respect of such Series of Second Lien Debt shall no longer be Secured Obligations
hereunder or any other Security Document. 
 4.2 Agreements of the Collateral Agent and the Company. 

(a) In connection with any release of the Collateral Agent’s Lien on the Collateral pursuant to Section 4.1, the Collateral Agent shall
(subject to compliance with Section 4.1(c)) execute, deliver or acknowledge such instruments or releases to evidence the release of any Collateral permitted to be released by Section 4.1(a) or 4.1(b) as the Company shall
reasonably request, and duly assign and transfer to the applicable Grantor such of the Collateral subject to such release that may be in the possession of the Collateral Agent and has not theretofore been sold or otherwise applied or released
pursuant to the Security Documents. Any execution and delivery of documents pursuant to this Section 4.2 shall be without recourse to or representation or warranty by the Collateral Agent. 

(b) The Collateral Agent hereby agrees that: 

(1) in the case of any release pursuant to Section 4.1(a)(1), if the terms of any such release, sale, transfer or other
disposition require the payment of the purchase price to be contemporaneous with the delivery of applicable release documentation, then, at the written request of and at the expense of the Company or other applicable Grantor, the Collateral Agent
will deliver such release documentation under customary escrow arrangements that permit such contemporaneous payment and delivery of the release documentation; and 

(2) within two (2) Business Days of the receipt by it of a written direction from the Controlling Secured Representative
pursuant to Section 4.1(a)(5), the Collateral Agent will deliver a copy of such written direction to each Non-Controlling Secured Representative and the Company. 

(c) The Company hereby agrees that within five (5) Business Days after the receipt by it of any notice from the Collateral Agent pursuant to
Section 4.2(b)(2), the Company will cause to be delivered a copy of such notice to each registered holder of each Series of Second Lien Debt. 

  
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 SECTION 5. 

Rights and Protections of the Collateral Agent 

5.1 No Implied Duty. Notwithstanding anything to the contrary contained herein, the Collateral Agent will not have any fiduciary
duties nor will it have any implied responsibilities, covenants or obligations and shall only be required to perform such obligations as are expressly stated in this Agreement, the Intercreditor Agreement, the Securitization Intercreditor Agreement
and the other Security Documents to which it is a party. The Collateral Agent will not be required to take any action that is contrary to applicable law or any provision of this Agreement, the Intercreditor Agreement, the Securitization
Intercreditor Agreement or any of the other Security Documents. 
 5.2 Appointment of Agents and Advisors. The Collateral
Agent may execute any of its rights or powers or perform any duties either directly or by or through agents (including affiliates of the Collateral Agent), attorneys, accountants, appraisers, attorneys-in-fact or other experts or advisors
selected by it with due care and in good faith and shall not be liable for the negligence or misconduct of such agents. All of the rights, benefits, and privileges (including the exculpatory and indemnification provisions) of the Collateral Agent
under this Agreement shall apply to any such agents, and shall apply to their respective activities as if such agents were named herein in connection with the transactions contemplated herein and by the other Security Documents. 

5.3 Other Agreements. The Collateral Agent is authorized and directed to execute and deliver each of the Security Documents,
including the Intercreditor Agreement and the Securitization Intercreditor Agreement, to be executed by the Collateral Agent as of the date of this Agreement and the Collateral Agent shall execute additional Security Documents delivered to it after
the date of this Agreement if instructed to do so by the Controlling Secured Representative and the Company and is furnished by the Company with an Officers’ Certificate and Opinion of Counsel to the effect that each such additional Security
Document is not in violation of the Second Lien Debt Instruments, the Intercreditor Agreement, the Securitization Intercreditor Agreement and the other Security Documents, and that all conditions precedent, if any, in this Agreement and such other
documents and agreements have been satisfied; provided, however, that such additional Security Documents do not adversely affect the rights, privileges, benefits and immunities of the Collateral Agent. The Collateral Agent will not
otherwise be bound by, or be held obligated by, the provisions of any credit agreement, indenture, hedge agreement or other agreement governing Second Lien Debt (other than this Agreement, the Intercreditor Agreement, the Securitization
Intercreditor Agreement and the other Security Documents to which it is a party). 
 5.4 Solicitation of Instructions. (a) The
Collateral Agent may at any time solicit written confirmatory instructions, in the form of a written direction or instruction from the Controlling Secured Representative, written confirmatory instruction from each Secured Representative (subject to
the rights of the Controlling Secured Representative and the Controlling Secured Parties), an Officers’ Certificate, an Opinion of Counsel or an order of a court of competent jurisdiction, as to any action that it may be requested or required
to take, or that it may propose to take, in the performance of any of its obligations under this Agreement, 

  
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the Intercreditor Agreement, the Securitization Intercreditor Agreement and the other Security Documents, and the Collateral Agent may await receipt of the respective confirmatory instructions
before taking the respective such action and shall incur no liability for any inaction while awaiting receipt of such confirmatory instructions. 

(b) No written direction given to the Collateral Agent by the Controlling Secured Representatives that in the sole judgment
of the Collateral Agent imposes, purports to impose or might reasonably be expected to impose upon the Collateral Agent any obligation or liability not set forth in or arising under this Agreement and the other Security Documents will be
binding upon the Collateral Agent unless the Collateral Agent elects, at its sole option, to accept such direction. 
 5.5
Limitation of Liability. The Collateral Agent will not be responsible or liable for any action taken or omitted to be taken by it hereunder, under the Intercreditor Agreement, the Securitization Intercreditor Agreement or any other Security
Document except for its own gross negligence or willful misconduct, in each case as determined by a final, non-appealable order by a court of competent jurisdiction. In no event shall the Collateral Agent or any officer, director, employee,
representative or agent of the Collateral Agent be liable under or in connection with this Agreement, the Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents for indirect, special, incidental,
punitive or consequential losses or damages of any kind whatsoever, including but not limited to lost profits or loss of opportunity, whether or not foreseeable, even if the Collateral Agent has been advised of the possibility thereof and regardless
of the form of action in which such damages are sought. 
 5.6 Documents in Satisfactory Form. The Collateral Agent will be
entitled to require that all agreements, certificates, opinions, instruments and other documents at any time submitted to it, including those expressly provided for in this Agreement, be delivered to it in a form and with substantive provisions
reasonably satisfactory to it. 
 5.7 Entitled to Rely. The Collateral Agent may seek and rely upon, and shall be fully
protected in relying upon, any judicial order or judgment, upon any advice, opinion or statement of legal counsel, independent consultants and other experts selected by it in good faith and upon any certification, instruction, notice or other
writing delivered to it by any Secured Representative, the Company or any other Grantor in compliance with the provisions of this Agreement, any Second Lien Debt Document, the Intercreditor Agreement, the Securitization Intercreditor Agreement or
any other Security Document or delivered to it by any Secured Representative as to the holders of Secured Obligations for whom it acts, without being required to determine the authenticity thereof or the correctness of any fact stated therein or the
propriety or validity of service thereof. The Collateral Agent may act in reliance upon any instrument comporting with the provisions of this Agreement or any signature reasonably believed by it to be genuine and may assume that any Person
purporting to give notice or receipt or advice or make any statement or execute any document in connection with the provisions hereof or the Intercreditor Agreement, the Securitization Intercreditor Agreement, any other Security Document or any
other Second Lien Debt Document has been duly authorized to do so. To the extent an Officers’ Certificate or Opinion of Counsel is required or permitted under this Agreement to be delivered to the Collateral Agent in respect of any matter, the
Collateral Agent may rely conclusively on an Officers’ Certificate or Opinion of Counsel as to such matter and such Officers’ Certificate or Opinion of Counsel shall be full warranty and protection to the Collateral Agent for any action
taken, suffered or omitted by it under the provisions of this Agreement, the Intercreditor Agreement, the Securitization Intercreditor or the other Security Documents. 

  
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 5.8 Triggering Event. The Collateral Agent will not be required to inquire
as to the occurrence or absence of any Triggering Event and will not be affected by or required to act upon any notice or knowledge as to the occurrence of any Triggering Event unless and until it is directed in writing by the Controlling
Secured Representative pursuant to the requirements of this Agreement. The Collateral Agent shall not be deemed to have actual, constructive, direct or indirect knowledge or notice of the occurrence of any default, event of default or Triggering
Event unless and until the Collateral Agent has received written notice from the Company, any Secured Representative or any Secured Party referring to this Agreement stating that such notice is a “notice of default” and that a Triggering
Event has occurred with respect to the Secured Obligations and describing such Triggering Event and whether it is a default or event of default. 

5.9 Actions by Collateral Agent. As to any matter not expressly provided for by this Agreement, the Intercreditor Agreement, the
Securitization Intercreditor Agreement or the other Security Documents, the Collateral Agent will act or refrain from acting as directed in writing by the Controlling Secured Representative and will be fully protected if it does so, and any
action taken, suffered or omitted pursuant to hereto or thereto shall be binding on all holders of Secured Obligations. 
 5.10
Security or Indemnity in favor of the Collateral Agent. The Collateral Agent will not be required to advance, expend or risk any funds or otherwise incur any financial liability in the performance of its duties or the exercise of its powers
or rights if it shall have reasonable grounds to believe that repayment of such funds or security or indemnity satisfactory to it against any and all liability or expense which may be incurred by it by reason of taking or continuing to take such
action is not reasonably assured to it. 
 5.11 Conflicts; Bona Fide Disputes. (a) In the event of any conflict
between any terms and provisions set forth in this Agreement and those set forth in any other Security Document, the terms and provisions of this Agreement shall supersede and control the terms and provisions of such other Security Document
(other than with respect to the rights, duties, protections, immunities and indemnities of each Secured Representative). In the event there is any bona fide, good faith disagreement between the other parties to this Agreement, the
Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents resulting in adverse claims being made in connection with Collateral held by the Collateral Agent and the terms of this Agreement, the
Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents do not unambiguously mandate the action the Collateral Agent is to take or not to take in connection therewith under the circumstances then
existing, or the Collateral Agent is in doubt as to what action it is required to take or not to take hereunder or under the Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents, it will be
entitled to refrain from taking any action (and will incur no liability for doing so) until directed otherwise in writing by a request signed jointly by the parties hereto entitled to give such direction or by order of a court of competent
jurisdiction, provided that the parties hereto acknowledge that the terms of this Agreement are not intended to negate any specific rights of the Company or the other Grantors in the Intercreditor Agreement, the Securitization
Intercreditor Agreement or any other Security Document. 

  
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 (b) In the event of any conflict between any terms and provisions set forth in this
Agreement and those set forth in the Intercreditor Agreement, the terms and provisions of the Intercreditor Agreement shall supersede and control the terms and provisions of this Agreement, except with respect to (i) matters only affecting
rights and remedies between or among Secured Parties and (ii) the rights, duties, protections, immunities and indemnities of each Secured Representative. 

5.12 Limitations on Duty of Collateral Agent in Respect of Collateral. (a) The Collateral Agent’s sole duty with respect to
the custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the UCC or otherwise, shall be to deal with it in the same manner as the Collateral Agent deals with similar property for the account of
third parties. The Collateral Agent shall be deemed to have exercised reasonable care in the custody and preservation of any Collateral in its possession if such Collateral is accorded treatment substantially equal to that which the Collateral Agent
accords similar property held for the benefit of third parties. Neither the Collateral Agent, any other Secured Party nor any of their respective officers, directors, employees or agents shall be liable for failure to demand, collect or
realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of any Grantor or any other Person or to take any other action whatsoever with regard to
the Collateral or any part thereof. The powers conferred on the Collateral Agent and the other Secured Parties hereunder are solely to protect the Collateral Agent’s and the other Secured Parties’ interests in the Collateral and shall not
impose any duty upon the Collateral Agent or any other Secured Party to exercise any such powers. The Collateral Agent and the other Secured Parties shall be accountable only for amounts that they actually receive as a result of the exercise of
such powers, and neither they nor any of their officers, directors, employees or agents shall be responsible to any Grantor for any act or failure to act hereunder, except for their own gross negligence or willful misconduct (in each case as
determined by a final, non-appealable order by a court of competent jurisdiction). 
 (b) The Collateral Agent will not be responsible (i)
for the existence, genuineness or value of any of the Collateral, (ii) except as set forth in Section 5.12(a), for the validity, perfection, priority or enforceability of the Liens in any of the Collateral, (iii) for the validity or
sufficiency of the Collateral or any agreement or assignment contained therein, (iv) for the validity of the title of any Grantor to the Collateral, (v) for insuring the Collateral or for the payment of taxes, charges, assessments or Liens upon the
Collateral or (vi) except as set forth in Section 5.12(a), otherwise as to the maintenance of the Collateral. The Collateral Agent hereby disclaims any representation or warranty to the present and future holders of the Secured Obligations
concerning the perfection of the Liens granted hereunder or in the value of any of the Collateral. The Collateral Agent will not be responsible for determining whether any given Secured Obligations are in fact secured pursuant to the various
Security Documents, it being understood that each Secured Party shall be responsible for ascertaining whether its obligations are in fact secured pursuant to the Security Documents. 

  
 -24- 

 5.13 Assumption of Rights, Not Assumption of Duties. Notwithstanding anything to
the contrary contained herein: 
 (1) each of the parties thereto (other than the Collateral Agent) will remain liable under
each of the Security Documents (other than this Agreement) to the extent set forth therein to perform all of their respective duties and obligations thereunder to the same extent as if this Agreement had not be executed; 

(2) the exercise by the Collateral Agent of any of its rights, remedies or powers hereunder will not release any other parties
from any of their respective duties or obligations under the other Security Documents; and 
 (3) the Collateral Agent will
not be obligated to perform any of the obligations or duties of any of the parties to the Security Documents other than the Collateral Agent. 

5.14 No Liability for Clean Up of Hazardous Materials. In the event that the Collateral Agent is required to acquire title to an
asset for any reason, or take any managerial action of any kind in regard thereto, which in the Collateral Agent’s sole discretion may cause the Collateral Agent to be considered an “owner or operator” under any environmental
laws or otherwise cause the Collateral Agent to incur, or be exposed to, any environmental liability or any liability under any other federal, state or local law, the Collateral Agent reserves the right, instead of taking such action, either to
resign as Collateral Agent or to arrange for the transfer of the title or control of the asset to a court appointed receiver or such other entity as directed in writing by the Controlling Secured Representative. The Collateral Agent will not be
liable to any Person for any environmental liability or any environmental claims or contribution actions under any federal, state or local law, rule or regulation by reason of the Collateral Agent’s actions and conduct as authorized,
empowered and directed hereunder or relating to any kind of discharge or release or threatened discharge or release of any hazardous materials into the environment. 

5.15 Request For Accounting. Each Secured Representative agrees to render to the Collateral Agent, at any time upon written
request of the Collateral Agent, an accounting of the amounts of the Secured Obligations owing to it with respect to such Series of Second Lien Debt, and such other related information as the Collateral Agent may reasonably request in order to give
effect to the terms and conditions of this Agreement. In the event that any Secured Representative fails to provide any information required to be provided by it to the Collateral Agent, then the Collateral Agent may (but shall not be obligated to)
(i) take such actions as are required to be taken by it based on the most recent information available to it, or (ii) in the case of any distributions to be made pursuant to the Security Documents, hold the applicable Secured Parties share or
purported share in escrow (without obligation to pay interest thereon) until such Secured Representative provides the required information. 

5.16 Limitation on Obligations. The Collateral Agent shall have no obligation to ascertain or inquire as to (i) the
observance or performance of any of the agreements contained in, or conditions of, this Agreement, the Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents or to inspect the properties, books
or records 

  
 -25- 

 
of the Grantors, (ii) whether or not any representation or warranty made by any Person in connection with this Agreement, any Security Document is true, (iii) the performance by any Person of its
obligations under this Agreement, the Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents or (iv) the breach of or default by any Person of its obligations under this Agreement, the
Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents. 
 5.17 Perfection of
Collateral. The Collateral Agent shall have no duty to (A) record or file this Agreement or any other agreement referred to herein or any financing statement or continuation statement evidencing a security interest, or to monitor or
maintain any such recording or filing, (B) obtain, maintain or pay for any insurance, or (C) pay or discharge any tax, assessment, or other governmental charge or any lien or encumbrance of any kind owing with respect to, assessed or levied against,
any part of the Collateral. It is expressly agreed, to the maximum extent permitted by applicable law, that the Collateral Agent shall have no responsibility or obligation for (i) taking any necessary steps to preserve rights against any
Person with respect to any Collateral or (ii) taking any action to protect against any diminution in value of the Collateral. 
 5.18
Entitled to Protections. The Collateral Agent shall be afforded all of the rights, powers, immunities and indemnities set forth in this Agreement in all of the Security Documents to which it is a signatory as if such rights, powers,
immunities and indemnities were specifically set out in each such Security Document. 
 5.19 Obligation to Act. The
Collateral Agent shall be fully justified in failing or refusing to take any action under this Agreement or any of the Security Documents (1) if such action would, in the reasonable opinion of the Collateral Agent (which may be based on the
advice or opinion of legal counsel), be contrary to applicable law or the Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents, (ii) if such action is not specifically provided for in this
Agreement, the Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents to which it is a party, (iii) if, in connection with the taking of any such action hereunder or under the Intercreditor
Agreement, the Securitization Intercreditor Agreement or any of the other Security Documents that would constitute an exercise of remedies hereunder or under the Intercreditor Agreement, the Securitization Intercreditor Agreement or any of the other
Security Documents it shall not first be indemnified to its satisfaction by the relevant Secured Parties, against any and all risk of nonpayment, liability and expense that may be incurred by it, its agents or its counsel by reason of taking or
continuing to take any such action, (iv) if, notwithstanding anything to the contrary contained in this Agreement, in connection with the taking of any such action that would constitute a payment due under any agreement or document, it shall
not first have received from the applicable the Secured Parties or the Grantors funds equal to the amount payable, (v) if such action would subject the Collateral Agent to a tax in any jurisdiction where it is not then subject to a tax or (ii) if
such action would require the Collateral Agent to qualify to do business in any jurisdiction where it is not then so qualified. 

5.20 Force Majeure. The Collateral Agent shall not incur any liability for not performing any act or fulfilling any duty,
obligation or responsibility hereunder by reason of any occurrence beyond the control of the Collateral Agent (including but not limited to any act or provision of any present or future law or regulation or governmental authority, any act of God or
war, civil unrest, local or national disturbance or disaster, any act of terrorism, or the unavailability of the Federal Reserve Bank wire or facsimile or other wire or communication facility). 

  
 -26- 

 5.21 USA PATRIOT Act. The parties hereto acknowledge that in order to help the
United States government fight the funding of terrorism and money laundering activities, pursuant to Federal regulations that became effective on October 1, 2003, Section 326 of the USA PATRIOT Act requires all financial institutions to obtain,
verify, record and update information that identifies each person establishing a relationship or opening an account. The parties to this Agreement agree that they will provide to the Collateral Agent such information as it may request, from time to
time, in order for the Collateral Agent to satisfy the requirements of the USA PATRIOT Act, including but not limited to the name, address, tax identification number and other information that will allow it to identify the individual or entity
who is establishing the relationship or opening the account and may also ask for formation documents such as articles of incorporation or other identifying documents to be provided. 

5.22 Credit Decisions. Each Secured Representative, for itself and on behalf of the Secured Parties it represents, acknowledges
that neither the Collateral Agent nor any of its affiliates made any representation or warranty to it, and that no act by the Collateral Agent hereafter taken, including any review of the affairs of the Company or any Grantor, shall be deemed to
constitute any representation or warranty by the Collateral Agent to any Secured Party. Except for notices, reports and other documents expressly herein required to be furnished to the Secured Parties by the Collateral Agent, the Collateral Agent
shall not have any duty of responsibility to provide any Secured Party with any credit or other information concerning the business, prospects, operations, property, financial or other information or creditworthiness of the Company or any other
Grantor that comes into the possession of the Collateral Agent or any of its affiliates. 
 5.23 Collateral Agent in Individual
Capacity. The Collateral Agent and its affiliates may make loans to, issue letters of credit for the account of, accept deposits from, provide bank products to, acquire equity interests in, and generally engage in any kind of banking, trust,
financial advisory, underwriting, or other business with the Company and the other Grantors and their affiliates and any other Person party to any Security Document as though the Collateral Agent were not the Collateral Agent hereunder,
and, in each case, without notice to or consent of any Grantor or Secured Party. Each Secured Representative, for itself and on behalf of the Secured Parties it represents, acknowledges that, pursuant to such activities, the Collateral Agent or its
affiliates may receive information regarding the Company or any Grantor or other Person party to any Security Documents that is subject to confidentiality obligations in favor of the Company or a Grantor or such other Person and that prohibit the
disclosure of such information to the Secured Parties, and the each Secured Representative, for itself and on behalf of the Secured Parties it represents, acknowledges that, in such circumstances the Collateral Agent shall not be under any
obligation to provide such information to them. 

  
 -27- 

 5.24 Concerning the Collateral and the Other Security Documents and Intercreditor
Agreements. Each Secured Representative, for itself and on behalf of the Secured Parties it represents, authorizes and directs the Collateral Agent to enter into the Intercreditor Agreement, the Securitization Intercreditor Agreement and each of
the other Security Documents. Each Secured Representative, for itself and on behalf of the Secured Parties it represents, agrees that any action taken by the Collateral Agent in accordance with the terms of this Agreement or the other Security
Documents relating to the Collateral and the exercise by the Collateral Agent of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Secured Parties.

 SECTION 6. 

Removal or Resignation of the Collateral Agent 

6.1 Removal or Resignation of Collateral Agent. Subject to the appointment of a successor Collateral Agent as provided in
Section 6.2 and the acceptance of such appointment by the successor Collateral Agent: 
 (a) the Collateral Agent may resign at any
time by giving not less than 30 days’ notice of resignation to each Secured Representative and the Company; and 
 (b) the Collateral
Agent may be removed at any time by the Controlling Secured Representative, with or without cause, by the Controlling Secured Representative giving not less than 5 Business Days’ notice of removal to each Non-Controlling Secured Representative,
the Company and the Collateral Agent. 
 6.2 Appointment of Successor Collateral Agent. Upon any such resignation or
removal, a successor Collateral Agent may be appointed by a direction in writing by the Controlling Secured Representative; provided that, so long as no Second Lien Debt Default has occurred and is continuing, such successor Collateral Agent
shall be reasonably acceptable to the Company. If no successor Collateral Agent has been so appointed and accepted such appointment within 10 days after the predecessor Collateral Agent gave notice of resignation or was removed, the retiring
Collateral Agent may (at the expense of the Company), at its option, appoint a successor Collateral Agent reasonably acceptable to the Company (but only if no Second Lien Debt Default has occurred and is continuing), or petition a court of competent
jurisdiction for appointment of any such successor Collateral Agent, which must be a bank or trust company: 
 (1) authorized to exercise
corporate agency powers; and 
 (2) having a combined capital and surplus of at least $50,000,000. 

The Collateral Agent will fulfill its obligations hereunder until a successor Collateral Agent meeting the requirements of this Section 6.2
has accepted its appointment as Collateral Agent and the provisions of Section 6.3 have been satisfied. 
 6.3
Succession. When the Person so appointed as successor Collateral Agent accepts such appointment: 

  
 -28- 

 (1) such Person will succeed to and become vested with all the rights, powers,
privileges and duties of the predecessor Collateral Agent, and the predecessor Collateral Agent will be discharged from its duties and obligations hereunder; 

(2) the predecessor Collateral Agent will (at the expense of the Company) promptly transfer all Liens and collateral security
and other property constituting Collateral within its possession or control to the possession or control of the successor Collateral Agent and will execute instruments and assignments provided to it and as may be reasonably requested by the
successor Collateral Agent to transfer to the successor Collateral Agent all Liens, interests, rights, powers and remedies of the predecessor Collateral Agent in respect of the Security Documents or the Collateral; and 

(3) such Person shall become party to the Intercreditor Agreement and execute any necessary joinder or other document in
order to carry out the foregoing. 
 Thereafter the predecessor Collateral Agent will remain entitled to enforce the immunities granted to
it in Section 5 and the provisions of Section 8.9. 
 6.4 Merger, Conversion or Consolidation of Collateral
Agent. Any Person into which the Collateral Agent may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Collateral Agent shall be a party, or any
Person succeeding to the corporate trust business of the Collateral Agent shall be the successor of the Collateral Agent pursuant to Section 6.3, provided that (i) without the execution or filing of any paper with any party hereto or
any further act on the part of any of the parties hereto, except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding, such Person satisfies the eligibility
requirements specified in clauses (1) through (3) of Section 6.2 and (ii) the Collateral Agent shall have promptly notified the Company and each Secured Representative of such merger, conversion or consolidation. 

SECTION 7. 

Miscellaneous Provisions 

7.1 Amendment. (a) No amendment or supplement to the provisions of any Security Document will be effective without the approval
of the Collateral Agent acting as directed in writing by the Controlling Secured Representative and no amendment or supplement to the provisions of this Agreement will be effective without the approval of (i) each Secured Representative acting at
the direction of the percentage of holders of its Series of Second Lien Debt that is needed or required to take such action pursuant to the terms of the Second Lien Debt Documents governing such Second Lien Debt, (ii) the Company to the extent its
rights are materially affected thereby and (iii) the Collateral Agent, except that any amendment or supplement that has the effect solely of adding or maintaining Collateral, securing additional Debt that was otherwise permitted by the terms of the
Second Lien Debt Documents to be secured by the Collateral or preserving, perfecting or establishing the Liens thereon or the rights of the Collateral Agent therein will become effective when executed and delivered by the Company or any other
applicable Grantor party thereto and the Collateral Agent provided that no amendment or supplement shall affect the rights, duties, protections, immunities or indemnities of the Collateral Agent or any Secured Representative without the written
consent of the Collateral Agent or such Secured Representative. 

  
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 (b) Any Mortgage or other Security Document that secures Secured Obligations may be amended or
supplemented with the approval of the Collateral Agent acting as directed in writing by the Controlling Secured Representative. 
 (c) The
Collateral Agent will deliver a copy of each amendment or supplement to the Security Documents to each Secured Representative. In executing any amendments or supplements to this Agreement or any other Security Document, the Collateral Agent
shall be entitled to receive, and shall be fully protected in relying upon, an Officer’s Certificate and an Opinion of Counsel, each stating that the execution of such amendment or supplement is authorized or permitted by the terms of this
Agreement and each of the Second Lien Debt Documents and that all conditions precedent in the Second Lien Debt Documents to the execution and delivery by the Collateral Agent of such amendment or supplement have been satisfied; it being expressly
agreed and acknowledged that no further inquiry shall be required of the Collateral Agent as to whether such amendment or supplement is authorized or permitted by the terms of this Agreement or such other Security Document. The Collateral Agent may,
but shall not be obligated to, enter into any such amendment or supplement that affects its own rights, duties, liabilities or immunities under this Agreement, the other Second Lien Debt Documents or otherwise. 

(d) Notwithstanding Section 7.1(a) and (b), (i) the addition of a party hereto as a Grantor, or any Secured Representative
pursuant to Section 7.16 or 3.8 shall not require further approval under Section 7.1(a), and (ii) the written consent of the Company and each Grantor shall be required for any amendment or modification of this Agreement that
directly affects the rights, duties or interests of the Company or such Grantor. 
 7.2 Successors and Assigns. (a) Except as
provided in Section 5.2, and subject to Section 6.2, the Collateral Agent may not, in its capacity as such, delegate any of its duties or assign any of its rights hereunder, and any attempted delegation or
assignment of any such duties or rights will be null and void. All obligations of the Collateral Agent hereunder will inure to the sole and exclusive benefit of, and be enforceable by, each Secured Representative and each present and future holder
of Secured Obligations, each of whom will be entitled to enforce this Agreement as a third-party beneficiary hereof, and all of their respective successors and assigns. 

(b) Neither the Company nor any other Grantor may assign its rights or obligations hereunder or under any other Security Document other than in
accordance with the terms hereof and thereof. All obligations of the Company and the other Grantors hereunder will inure to the sole and exclusive benefit of and be enforceable by, the Collateral Agent, each Secured Representative and each present
and future holder of Secured Obligations, each of whom will be entitled to enforce this Agreement as a third-party beneficiary hereof, and all of their respective successors and assigns. 

  
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 7.3 Delay and Waiver. No failure to exercise, no course of dealing
with respect to the exercise of, and no delay in exercising, any right, power or remedy arising under this Agreement or any of the other Security Documents will impair any such right, power or remedy or operate as a waiver thereof. No single or
partial exercise of any such right, power or remedy will preclude any other or future exercise thereof or the exercise of any other right, power or remedy. The remedies herein are cumulative and are not exclusive of any remedies provided by
law. 
 7.4 Notices. Any communications, including notices and instructions, between the parties hereto or notices
provided herein to be given shall be in writing and may be given to the following addresses: 
  

			
	If to the Collateral Agent:	  	WILMINGTON SAVING FUND SOCIETY, FSB
		  	 500 Delaware Avenue, 11th Floor
 Wilmington, DE
19801
 Attention: Geoff Lewis

		  	Tel: (302) 573-3218
		  	Fax: (302) 421-9137
		
		  	with a copy to:
		
		  	PRYOR CASHMAN LLP
		  	7 Times Square
		  	 New York, NY 10036
 Attention: Eric Hellige,
Esq.
 Tel: (212) 326-0846

		  	Fax: (212) 798-6380
		
	If to the Second Lien Notes Trustee:	  	WILMINGTON SAVINGS FUND SOCIETY, FSB
		  	 500 Delaware Avenue, 11th Floor
 Wilmington, DE
19801
 Attention: Geoff Lewis

		  	Tel: (302) 573-3218
		  	Fax: (302) 421-9137
		
	If to the Exchangeable PIK Notes Trustee:	  	WILMINGTON TRUST, NATIONAL ASSOCIATION
		  	1100 North Market Street
		  	Wilmington, DE 19890
		  	 Attention: Foresight Notes Administrator
 Fax:
(302) 636-4149

		
		  	with a copy to:

  

  
 -31- 

 
			
		 	 COVINGTON & BURLING LLP

		 	 The New York Times Building

620 Eighth Avenue

		 	 New York, NY 10018

Attention: Ronald A. Hewitt

Tel: (212) 841-1220

		 	 Fax: (212) 841-1010

		
	 If to the Company or any other Grantor:
	 	 FORESIGHT ENERGY LLC

		 	 211 North Broadway, Suite 2600

St. Louis, MO 63102

		 	 Attention: Rashda M. Buttar

Tel: (314) 932-6103

 and if to any other Secured Representative, to such address as it may specify by written notice to the parties named
above, or in the case of any Person after the foregoing notice address for such Person changes, to such other address as may be hereafter designated by such Person in a written notice delivered to the other parties hereto. 

All notices and communications will be mailed by first class mail, certified or registered, return receipt requested, or by overnight air
courier guaranteeing next day delivery, to the relevant address set forth above. 
 If a notice or communication is mailed in the manner
provided above within the time prescribed, it is duly given, whether or not the addressee receives it. 
 7.5 Notice Following
Discharge of Secured Obligations. Promptly following the Discharge of Second Lien Notes Obligations and/or the date on which any other Secured Obligations of any Series of Second Lien Debt have been repaid indefeasibly in full in cash in
immediately available funds, each Secured Representative with respect to each applicable Series of Second Lien Debt that is so discharged or repaid will provide written notice of such discharge to the Collateral Agent. 

7.6 Entire Agreement. This Agreement states the complete agreement of the parties relating to the undertaking of the Collateral
Agent set forth herein and supersedes all oral negotiations and prior writings in respect of such undertaking. 
 7.7 Payment of
Expenses and Taxes: Indemnification. The Grantors shall pay such compensation to the Collateral Agent as the Company and Collateral Agent may agree in writing from time to time. Notwithstanding that the Collateral Agent is appointed by and
acting for and at the direction of the Secured Parties, the Grantors jointly and severally agree (a) to pay or reimburse the Collateral Agent for all its documented fees and reasonable costs and expenses incurred in connection with the development,
preparation and execution of, and any amendment, supplement or modification to, this Agreement and the other Security Documents and any other
documents prepared in connection herewith or therewith, and the consummation and 

  
 -32- 

 
administration of the transactions contemplated hereby and thereby, including the reasonable fees and disbursements of external counsel and agents appointed pursuant to Section 5.2 to the
Collateral Agent, any amounts due and owing pursuant to any Mortgage, and the preservation of the Liens or any rights of the Collateral Agent (b) after the occurrence of a Triggering Event, to pay or reimburse the Collateral Agent for all of its
costs and expenses incurred in connection with the enforcement or preservation of its rights under this Agreement, the other Security Documents and any such other documents, including the fees and disbursements of counsel to the Collateral
Agent, (c) to pay, indemnify, defend and hold harmless the Collateral Agent 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 similar taxes, if any,
that 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 Security Documents and any such other documents, and (d) to pay, indemnify, defend and hold harmless the Collateral Agent and its directors, officers, employees, trustees, representatives and agents
from and against any and all other liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever, including reasonable and documented fees, disbursements and other
charges of counsel and agents appointed pursuant to Section 5.2, with respect to the execution, delivery, enforcement, performance and administration of this Agreement, the other Security Documents and any such other documents, including any of the
foregoing relating to the violation of, noncompliance with or liability under, any environmental laws (all the foregoing in this clause (d), collectively, the “indemnified liabilities”); provided that the Grantors shall have
no obligation hereunder to the Collateral Agent nor any of its directors, officers, employees, trustees, representatives and agents with respect to indemnified liabilities arising from the gross negligence or willful misconduct of the party to be
indemnified (in each case as determined by a final non-appealable order by a court of competent jurisdiction). The agreements in this Section 7.7 shall survive repayment of the Secured Obligations and all other amounts payable hereunder
and under the other Second Lien Debt Documents and the termination of this Agreement or the removal or resignation of the Collateral Agent. 

7.8 Reserved. 

7.9 Severability. If any provision of this Agreement is invalid, illegal or unenforceable in any respect or in any jurisdiction,
the validity, legality and enforceability of such provision in all other respects and of all remaining provisions, and of such provision in all other jurisdictions, will not in any way be affected or impaired thereby. 

7.10 Headings. Section headings herein have been inserted for convenience of reference only, are not to be considered a part of
this Agreement and will in no way modify or restrict any of the terms or provisions hereof. 
 7.11 Obligations Secured. All
obligations of the Grantors set forth in or arising under this Agreement will be Secured Obligations and are secured by all Liens granted by the Security Documents. 

  
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 7.12 Governing Law. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 7.13 Consent
to Jurisdiction; Waivers. Each party hereto hereby irrevocably and unconditionally: 
 (i) submits for itself and
its property in any legal action or proceeding relating to this Agreement and the other Security Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of
the courts of the State of New York, sitting in New York County, the courts of the United States of America for the Southern District of New York, and appellate courts from any thereof; 

(ii) 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; 

(iii) 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 a Grantor at its address set forth in Section 7.4 or at such other address of which the Collateral Agent shall have been notified pursuant thereto; 

(iv) 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 
 (v) 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 7.12 any special, exemplary, punitive or consequential damages. 

7.14 Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER SECOND LIEN DEBT DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN. 
 7.15
Counterparts. This Agreement may be executed in any number of counterparts (including by facsimile or other electronic means), each of which when so executed and delivered will be deemed an original, but all such counterparts together will
constitute but one and the same instrument. 
 7.16 Effectiveness. This Agreement will become effective upon the execution of a
counterpart hereof by each of the parties hereto and receipt by each party of written notification of such execution and written or telephonic authorization of delivery thereof. 

  
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 7.17 Additional Grantors; Additional Secured Representatives. 

(a) The Company will cause each Person that is required by any Second Lien Debt Document or Security Document to become a Grantor or is
required by any Second Lien Debt Document to become a party to this Agreement to become a party to this Agreement, for all purposes of this Agreement, by causing such Person to execute and deliver to the parties hereto a Joinder Agreement, whereupon
such Person will be bound by the terms hereof to the same extent as if it had executed and delivered this Agreement as of the date hereof. 

(b) The Company shall promptly provide each Secured Representative with a copy of each Joinder Agreement executed and delivered pursuant to
this Section 7.16 by each Additional Grantor. 
 (c) The Company shall promptly provide each Secured Representative with a copy of
each Joinder executed and delivered pursuant to this Section 7.16 by each additional Secured Representative. 
 7.18
Continuing Nature of this Agreement. This Agreement will be reinstated if at any time any payment or distribution in respect of any of the Secured Obligations is rescinded or must otherwise be returned in an Insolvency or Liquidation
Proceeding or otherwise by any holder of Secured Obligations (whether by demand, settlement, litigation or otherwise). 
 7.19
Insolvency. This Agreement will be applicable both before and after the commencement of any Insolvency or Liquidation Proceeding by or against any Grantor. The relative rights, as provided for in this Agreement, will continue after the
commencement of any such Insolvency or Liquidation Proceeding on the same basis as prior to the date of the commencement of any such case, as provided in this Agreement. 

7.20 Rights and Immunities of Secured Representatives. Each Secured Representative will be entitled to all of the rights,
protections, immunities and indemnities set forth in the credit agreement, indenture, hedge agreement or other agreement governing the applicable Second Lien Debt with respect to which such Person will act as representative, in each case as if
specifically set forth herein. In no event will any Secured Representative be liable for any act or omission on the part of the Grantors or the Collateral Agent hereunder. 

[remainder of page intentionally left blank] 

  
 -35- 

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

					
	WILMINGTON SAVINGS FUND SOCIETY,
	FSB, as Collateral Agent and as Second Lien Notes Trustee
		
	By:	 	 /s/ Geoffrey J. Lewis

		 	Name:	 	Geoffrey J. Lewis
		 	Title:	 	Vice President
	
	WILMINGTON TRUST, NATIONAL
	ASSOCIATION , as Exchangeable PIK Notes Trustee
		
	By:	 	 /s/ John T. Needham, Jr.

		 	Name:	 	John T. Needham, Jr.
		 	Title:	 	Vice President

 
					
	FORESIGHT ENERGY LLC
		
	By:	 	/s/ Robert D. Moore
		 	Name:	 	Robert D. Moore
		 	Title:	 	 President & Chief Executive

Officer

	
	FORESIGHT ENERGY FINANCE CORPORATION
		
	By:	 	/s/ Robert D. Moore
		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

 [Foresight – Collateral Trust and Intercreditor Agreement] 

 
					
	ADENA RESOURCES, LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	 President & Chief Executive

Officer

	
	AKIN ENERGY LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	
		 	Title:	 	 President & Chief Executive

Officer

	
	AMERICAN CENTURY MINERAL LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer
	
	AMERICAN CENTURY TRANSPORT LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	
		 	Title:	 	President & Chief Executive Officer
	
	COAL FIELD CONSTRUCTION COMPANY LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	 President & Chief Executive

Officer

 [Foresight – Collateral Trust and Intercreditor Agreement] 

 
					
	COAL FIELD REPAIR SERVICES LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	 President & Chief Executive

Officer

	
	FORESIGHT COAL SALES LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer
	
	FORESIGHT ENERGY EMPLOYEE SERVICES CORPORATION
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer
	
	FORESIGHT ENERGY LABOR LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	 President & Chief Executive

Officer

	
	FORESIGHT ENERGY SERVICES LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

 [Foresight – Collateral Trust and Intercreditor Agreement] 

 
					
	HILLSBORO ENERGY LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	 President & Chief Executive

Officer

	
	HILLSBORO TRANSPORT LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer
	
	LD LABOR COMPANY LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer
	
	LOGAN MINING LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer
	
	M-CLASS MINING, LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

 [Foresight – Collateral Trust and Intercreditor Agreement] 

 
					
	MACH MINING, LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	 President & Chief Executive

Officer

  

					
	MACOUPIN ENERGY LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	 President & Chief Executive

Officer

  

					
	MARYAN MINING LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

  

					
	OENEUS LLC D/B/A SAVATRAN LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

  

					
	PATTON MINING LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

 [Foresight – Collateral Trust and Intercreditor Agreement] 

 
					
	SENECA REBUILD LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

  

					
	SITRAN LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer
	
	SUGAR CAMP ENERGY, LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

  

					
	TANNER ENERGY LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

  

					
	VIKING MINING LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

 [Foresight – Collateral Trust and Intercreditor Agreement] 

 
					
	WILLIAMSON ENERGY, LLC
		
	By:	 	 /s/ Robert D. Moore

		 	Name:	 	Robert D. Moore
		 	Title:	 	President & Chief Executive Officer

 [Foresight – Collateral Trust and Intercreditor Agreement] 

 EXHIBIT A 

to Collateral Trust Agreement 

[FORM OF]  
 JOINDER
AGREEMENT 
 The undersigned,
                    , a                     ,
hereby agrees to become party as [a Grantor] [a Secured Representative] under the Collateral Trust and Intercreditor Agreement, dated as of August 30, 2016, among Foresight Energy LLC, the Grantors from time to time party thereto, Wilmington Savings
Fund Society, FSB, as Second Lien Notes Trustee, Wilmington Trust, National Association, as Exchangeable PIK Notes Trustee, each additional Secured Representative (as defined therein) a party thereto, and Wilmington Saving Funds Society, FSB, as
Collateral Agent (as amended, supplemented, amended and restated or otherwise modified and in effect from time to time, the “Collateral Trust Agreement”) for all purposes thereof on the terms set forth therein, and to be bound by
the terms of the Collateral Trust Agreement as fully as if the undersigned had executed and delivered the Collateral Trust Agreement as of the date thereof. 

[The address for such Secured Representative is as follows:] 

[                    ] 

The provisions of Section 7 of the Collateral Trust Agreement will apply with like effect to this Joinder. 

IN WITNESS WHEREOF, the parties hereto have caused this Joinder to be executed by their respective officers or representatives as of
                        , 20    . 

 

			
	[                    ]
		
	By:	 	  

		 	Name:
		 	Title:

  
 A-1

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