Document:

Exhibit

Exhibit 10.6
ELEVENTH AMENDMENT TO OFFICE LEASE
This ELEVENTH AMENDMENT TO OFFICE LEASE (this "Eleventh Amendment") is made and entered into as of June 25, 2018 (the "Eleventh Amendment Effective Date"), by and between HUDSON 1455 MARKET STREET, LLC, a Delaware limited liability company ("Landlord"), and SQUARE, INC., a Delaware corporation ("Tenant").
RECITALS
A.    Hudson 1455 Market, LLC, a Delaware limited liability company, predecessor-in-interest to Landlord, and Tenant are parties to that certain Office Lease dated October 17, 2012 (the "Original Lease"), as amended by that certain First Amendment to Office Lease dated March 22, 2013 (the "First Amendment"), that certain Second Amendment to Office Lease dated January 22, 2014 (the "Second Amendment"), that certain Third Amendment to Office Lease dated June 6, 2014 (the "Third Amendment"), that certain Fourth Amendment to Office Lease dated February 1, 2015 (the "Fourth Amendment"), that certain Fifth Amendment to Office Lease dated April 27, 2015 (the "Fifth Amendment"), that certain Sixth Amendment to Office Lease dated June 18, 2015 (the "Sixth Amendment"), that certain Seventh Amendment to Office Lease dated October 5, 2016 (the "Seventh Amendment"),  that certain Eighth Amendment to Office Lease dated October 6, 2016 (the "Eighth Amendment"), that certain Ninth Amendment to Office Lease dated December 19, 2017 (the "Ninth Amendment"), and that certain Tenth Amendment to Office Lease dated May 17, 2018 (the "Tenth Amendment").  The Original Lease, the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment, the Sixth Amendment, the Seventh Amendment, the Eighth Amendment, the Ninth Amendment, and the Tenth Amendment are referred to herein, collectively, as the "Existing Lease."  Pursuant to the Existing Lease, Landlord currently leases to Tenant, and Tenant currently leases from Landlord, certain premises consisting of approximately 442,952 aggregate rentable square feet of space (the "Existing Premises") (consisting of 181,805 rentable square feet in the Initial Premises, 20,801 rentable square feet in the Must-Take 1 Space, 47,099 rentable square feet in the Must-Take 2 Space, 81,354 rentable square feet in the Expansion Space, 354 rentable square feet located on the eighth (8th) floor (which space is defined in Recital B of the Fourth Amendment as the "Level 8 Closet Space"), 2,871 rentable square feet located on the first (1st) floor (which space is defined in Recital C of the Fifth Amendment as the "New Premises"), 4,626 rentable square feet located on the sixth (6th) floor (which space is defined in Recital B of the Eighth Amendment as the "Eighth Amendment Space"), 26,011 rentable square feet consisting of the entire thirteenth (13th) floor (which space is defined in Recital B of the Ninth Amendment as "Suite 1300"), the entire sixteenth (16th) floor consisting of approximately 25,973 rentable square feet (which space is defined in Recital B of the Tenth Amendment as "Suite 1600"), the entire seventeenth (17th) floor consisting of approximately 26,030 rentable square feet (which space is defined in Recital B of the Tenth Amendment as "Suite 1700"), and the entire twentieth (20th) floor consisting of approximately 26,028 rentable square feet (which space is defined in Recital B of the Tenth Amendment as "Suite 2000")) in the building located at 1455 Market Street, San Francisco, California (the "Building"), as more particularly described in the Existing Lease.
B.    Landlord and Tenant desire to amend the Existing Lease to (i) expand the Existing Premises to include the entire twenty-first (21st) floor of the Building and consisting of approximately 26,104 rentable square feet, as delineated on Exhibit A attached hereto ("Suite 2100"), and (ii) otherwise amend the Existing Lease on the terms and conditions set forth in this Eleventh Amendment.
C.    All capitalized terms used herein but not specifically defined in this Eleventh Amendment shall have the meanings ascribed to such terms in the Existing Lease.  The term "Lease" where used in this Eleventh Amendment shall hereafter refer to the Existing Lease, as amended by this Eleventh Amendment.  

AGREEMENT
NOW, THEREFORE, in consideration of the foregoing recitals and the mutual covenants contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree as follows:
1.Modification of Existing Premises.  Effective as of the later of September 1, 2018 and the date on which Landlord has delivered Suite 2100 to Tenant in the "Eleventh Amendment Space Delivery Condition" (as that term is defined in Section 5.1 below) (the "Suite 2100 Lease Commencement Date"), Tenant shall lease from Landlord, and Landlord shall lease to Tenant, Suite 2100.  Consequently, effective upon the Suite 2100 Lease Commencement Date, the Existing Premises shall be increased to include Suite 2100, and Tenant will lease the entire twenty-first (21st) floor of the Building.  Landlord and Tenant hereby acknowledge that such addition of Suite 2100 to the Existing Premises shall, effective as of the Suite 2100 Lease Commencement Date, increase the size of the Premises then leased by Tenant under the Lease, as hereby amended, to 469,056 rentable square feet of space (442,952 + 26,104), and that Suite 2100 shall be deemed to be part of the Premises for all purposes under the Lease.  The anticipated date of delivery of Suite 2100 to Tenant (i.e., the anticipated Suite 2100 Lease Commencement Date) is September 1, 2018.  Landlord represents that (a) Suite 2100 is currently leased to Vevo, LLC, (b) Landlord is in the process of seeking to regain legal possession of Suite 2100 from Vevo, LLC prior to September 1, 2018 (such regaining of legal possession on or before September 1, 2018, the "Suite 2100 Recapture"), and (c) Landlord shall use commercially reasonable efforts to cause the Suite 2100 Lease Commencement date to occur on September 1, 2018.  The parties expressly agree and acknowledge that if Landlord does not inform Tenant on or before July 15, 2018 that it has entered into an agreement with Vevo, LLC for the Suite 2100 Recapture, then this Eleventh Amendment shall be of no further force or effect, and (ii) Landlord and Tenant shall each have all rights and obligations under the Lease that existed prior to entering into this Eleventh Amendment.  Landlord shall notify Tenant as soon as the Suite 2100 Recapture has occurred.  The parties expressly agree and acknowledge that if, following the Suite 2100 Recapture, Landlord is unable to cause the Suite 2100 Lease Commencement Date to occur on or before September 1, 2018 despite such efforts, then (i) subject to the remaining terms of this Section 1, Landlord shall not be subject to any liability for its failure to do so, (ii) except as set forth in Section 1(b), below, such failure shall not render this Eleventh Amendment void or voidable, nor affect the validity of this Eleventh Amendment or the obligations of Tenant hereunder, and (iii) Landlord shall pursue its legal remedies in order to regain legal possession of Suite 2100.  If the Suite 2100 Lease Commencement Date does not occur for any reason on or before (a) January 1, 2019, then, Tenant shall be entitled to an abatement of Base Rent with respect to Suite 2100 for one (1) day for each day that occurs after January 1, 2019 and before the Suite 2100 Lease Commencement Date, and (b) April 1, 2019, then, at Tenant’s election, Tenant may terminate this Eleventh Amendment upon written notice to Landlord and Landlord shall not be subject to any liability arising from or related to this Eleventh Amendment as a result of such termination. 

2.Eleventh Amendment Space Term.  The term with respect to Suite 2100 (the "Eleventh Amendment Space Term") shall commence on the Suite 2100 Lease Commencement Date, and shall expire coterminously with the Lease Term for the Existing Premises under the Existing Lease (i.e., on September 27, 2023), as the same may be extended.  

3.Base Rent.

3.1     Existing Premises.  Notwithstanding anything to the contrary in the Existing Lease, as hereby amended, Tenant shall continue to pay Base Rent for the Existing Premises in accordance with the terms of the Existing Lease.

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3.2    Suite 2100.  Commencing on the Suite 2100 Lease Commencement Date (the "Suite 2100 Rent Commencement Date"), and continuing until the first (1st) anniversary of the Suite 2100 Rent Commencement Date, Tenant shall pay to Landlord monthly installments of Base Rent for Suite 2100 in an amount equal to One Hundred Eighty-Four Thousand Nine Hundred Three and 33/100 Dollars ($184,903.33), which amount was calculated by multiplying an Annual Base Rental Rate of Eighty-Five and 00/100 Dollars ($85.00) per Rentable Square Foot of Suite 2100 (i.e., 26,104), and dividing the product by twelve (12).  On and after the first (1st) anniversary of the Suite 2100 Rent Commencement Date, and thereafter on each anniversary of the Suite 2100 Rent Commencement Date during the Eleventh Amendment Space Term, the Annual Base Rent for Suite 2100 shall be increased by three percent (3.0%).  

4.Additional Rent.  

4.1    Tenant's Share of Direct Expenses.  Except as specifically set forth in this Section 4, commencing on the first anniversary of the Suite 2100 Rent Commencement Date, and continuing throughout the Eleventh Amendment Space Term, Tenant shall be obligated to pay Tenant's Share of increases in the annual Direct Expenses attributable to Suite 2100 (calculated on the total rentable area of Suite 2100) in accordance with the terms of Article 4 of the Original Lease (including, without limitation, the last paragraph thereof), provided that with respect to the calculation of Tenant's Share of Direct Expenses in connection with Suite 2100, the following shall apply:

(i)Tenant's Share with respect to Suite 2100 shall be 2.58%; and

(ii)the Base Year shall be the calendar year 2019.

4.2    Tenant's Separately Metered Electrical Consumption.  Notwithstanding anything to the contrary set forth in the Existing Lease or this Eleventh Amendment, Suite 2100 shall be separately metered, at Landlord's sole cost and expense, prior to the Suite 2100 Lease Commencement Date to measure electrical consumption at Suite 2100.  Tenant shall pay directly to Landlord the actual amount charged to Landlord by the electricity provider for electrical consumption at Suite 2100 during the Eleventh Amendment Space Term commencing on the Suite 2100 Lease Commencement Date, and the costs of electrical consumption of Tenant and all other tenants and occupants of the Project shall not be included in Operating Expenses.

4.3    Tenant's Janitorial Service and Supplies.  Landlord shall not be required to provide any janitorial services for Suite 2100, and Tenant shall be solely responsible for performing all janitorial services and other cleaning of Suite 2100 appropriate to maintain Suite 2100 in a manner consistent with a first-class office project, and otherwise in accordance with, and subject to the terms of, Section 1 of the Seventh Amendment, as though Suite 2100 was originally part of the "Premises" described in such Seventh Amendment.

5.Condition of Suite 2100.  

5.1    Tenant shall accept Suite 2100 vacant, broom clean and otherwise in its then existing, "as-is" condition, and Landlord shall not be obligated to provide or pay for any other improvement work or services related to the improvement of Suite 2100 or any portion thereof, and Landlord shall not be obligated to pay any tenant improvement allowance, drawing contribution, or other allowance or fee in connection with Suite 2100.  For purposes of Section 1938 of the California Civil Code, Landlord hereby discloses to Tenant, and Tenant hereby acknowledges, that neither the Existing Premises nor any portion of Suite 2100 have undergone inspection by a Certified Access Specialist (CASp).  Notwithstanding the foregoing, Landlord shall deliver Suite 2100 to Tenant vacant, free of Hazardous Substances, with the Building Systems servicing Suite 2100 in good working order and condition, and otherwise in its 

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presently existing, "as-is" condition (the "Eleventh Amendment Space Delivery Condition").   If it is determined that (i) Suite 2100 was not free of Hazardous Substances as of the Suite 2100 Lease Commencement Date, or (ii) that any of the Building Systems were not in good working order and condition as of the Suite 2100 Lease Commencement Date (either such set of circumstances as set forth in items (i) or (ii), above, to be known as a "Correction Event"), Landlord shall not be liable to Tenant for any damages, but as Tenant’s sole remedy, Landlord, at no cost to Tenant, shall promptly commence such work or take such other action as may be necessary to remove the Hazardous Substances, or place the Building Systems in good working order and condition, as the case may be, and shall thereafter diligently pursue the same to completion.  

5.2    Notwithstanding the foregoing, in the event that Tenant is prevented from using, and does not use, Suite 2100 or any portion thereof as a result of such Landlord work or action taken pursuant to this Section 5 for more than five (5) consecutive business days (the "Correction Period"), then the Base Rent, Tenant’s Share of Direct Expenses, and Tenant’s obligation to pay for parking (to the extent not utilized by Tenant), in each case with respect to Suite 2100, shall be abated or reduced, as the case may be, after the expiration of the later of the Correction Period and the Suite 2100 Rent Commencement Date for such time that Tenant continues to be prevented from using, and does not use for the normal conduct of Tenant’s business or performance of the Tenant Improvements, Suite 2100 or any portion thereof.  If, however, Tenant reoccupies any portion of Suite 2100 during such period, the Base Rent, Tenant’s Share of Direct Expenses, and Tenant’s obligation to pay for parking (to the extent not utilized by Tenant) allocable to such reoccupied portion, based on the proportion that the rentable area of such reoccupied portion of Suite 2100 bears to the total rentable area of Suite 2100, shall be payable by Tenant from the date Tenant reoccupies such portion of Suite 2100, subject to the terms of this Eleventh Amendment.  Such right to abate Base Rent and Tenant’s Share of Direct Expenses shall be Tenant’s sole and exclusive remedy for rent abatement at law or in equity for a Correction Event.  Except as expressly provided in this Section 5 or elsewhere in the Lease, nothing contained herein shall be interpreted to mean that Tenant is excused from paying Rent due under the Lease.

6.Parking.  Effective as of the Suite 2100 Lease Commencement Date, Tenant shall have the right to rent from Landlord up to five (5) unreserved parking passes on a monthly basis throughout the Eleventh Amendment Space Term, which parking passes (the "Suite 2100 Parking Passes") shall pertain to the Property parking facility.  Tenant shall pay to Landlord for the Suite 2100 Parking Passes on a monthly basis the prevailing rate charged from time to time at the location of such parking passes (which rate is currently Two Hundred Seventy-Five and 00/100 Dollars ($275.00) per unreserved parking pass per month).  Except as expressly set forth in this Section 6, Tenant shall lease the Suite 2100 Parking Passes in accordance with, and subject to, the terms and provisions of Article 28 of the Original Lease.  

7.Right of Availability. Landlord and Tenant acknowledge and agree that (a) Landlord would not pursue the Suite 2100 Recapture but for Tenant's agreement to lease Suite 2100 pursuant to the terms of this Eleventh Amendment, (b) upon the Suite 2100 Lease Commencement Date, the terms of this Eleventh Amendment are intended to, and shall, supersede any expansion right or right of first offer Tenant may have with respect to space on the 21st floor of the Building contained in the Lease, as amended hereby, including but not limited to Section 1.4 of the Original Lease, and (c) upon the Suite 2100 Lease Commencement Date, any such expansion rights or rights of first offer with respect to the 21st floor shall be deleted in their entirety and of no further force or effect, and (d) effective as of the Suite 2100 Lease Commencement Date, Tenant's sole right to expand the Premises into the 21st Floor shall be pursuant to the terms of this Eleventh Amendment.  

8.Invalidity of Provisions.  If any provision of this Eleventh Amendment is found to be invalid or unenforceable by any court of competent jurisdiction, the invalidity or unenforceability of any such provision shall not affect the validity and enforceability of the remaining provisions hereof.

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9.Further Assurances.  In addition to the obligations required to be performed under the Lease, Landlord and Tenant shall each perform such other acts, and shall execute, acknowledge and/or deliver such other instruments, documents and other materials, as may be reasonably required in order to accomplish the intent and purpose of the Lease.

10.Brokers.  Landlord and Tenant hereby warrant to each other that they have had no dealings with any real estate broker or agent in connection with the negotiation of this Eleventh Amendment other than Jones Lang LaSalle and Cushman & Wakefield of California, Inc. (the "Brokers"), and Tenant's indemnity obligation to Landlord as set forth in Section 29.24 of the Original Lease shall expressly apply, without limitation, to any claims from Custom Spaces Commercial Real Estate and/or Wixen Real Estate Inc. and that they know of no other real estate broker or agent who is entitled to a commission in connection with this Eleventh Amendment.  Landlord shall pay the commission, if any, owing to the Brokers in connection with the execution of this Eleventh Amendment pursuant to the terms of a separate agreement.  Each party agrees to indemnify and defend the other party against and hold the other party harmless from any and all claims, demands, losses, liabilities, lawsuits, judgments, and costs and expenses (including, without limitation, reasonable attorneys' fees) with respect to any leasing commission or equivalent compensation alleged to be owing on account of any dealings with any real estate broker or agent other than to the Brokers occurring by, through, or under the indemnifying party.  The terms of this Section 10 shall survive the expiration or earlier termination of the Lease.

11.Authority.  Each of the parties hereto represents and warrants to the other as follows: (a) it has the legal power, right and authority to enter into this Eleventh Amendment; (b) all requisite action (corporate, trust, partnership or otherwise) has been taken by it in connection with the entering into of this Eleventh Amendment and no further consent of any partner, shareholder, creditor, investor, judicial or administrative body, governmental authority or other party is required, including without limitation, any lender, or if any such consent is required, such consent has been obtained; (c) the individuals executing this Eleventh Amendment have the legal power, right, and actual authority to bind it to the terms of this Eleventh Amendment; and (d) it understands that the other party is relying on the foregoing representations in entering into this Eleventh Amendment, and that the other party would not enter into this Eleventh Amendment without such representations.  Landlord represents to Tenant that there are not any Superior Holders as of the Eleventh Amendment Effective Date. 

12.Governing Law.  This Eleventh Amendment shall be governed by and construed and enforced in accordance with the laws of the State of California.

13.Lease in Full Force.  Except for those provisions which have been modified by this Eleventh Amendment and those terms, covenants and conditions for which performance has heretofore been completed, all other terms, covenants and conditions of the Existing Lease are hereby ratified and shall remain unmodified and in full force and effect.

14.Digital Image.  The parties agree to accept a digital image of this Eleventh Amendment, as executed, as a true and correct original and admissible as best evidence to the extent permitted by a court with proper jurisdiction.

15.Counterparts.  This Eleventh Amendment may be executed in counterparts, each of which shall be deemed an original part and all of which together shall constitute a single agreement.

[remainder of page intentionally left blank; signature page follows]

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IN WITNESS WHEREOF, Landlord and Tenant have caused this Eleventh Amendment to be executed as of the Eleventh Amendment Effective Date.
LANDLORD:
HUDSON 1455 MARKET STREET, LLC,
a Delaware limited liability company

By:    Hudson 1455 Market, LLC,
a Delaware limited liability company
its Sole Member

By:    Hudson Pacific Properties, L.P., 
a Maryland limited partnership
its Sole Member

By:    Hudson Pacific Properties, Inc., 
a Maryland corporation
its General Partner

By: /s/ Mark T. Lammas                            
Name: Mark T. Lammas                            
Title: Chief Operating Officer,                   
          Chief Financial Officer & Treasurer    

            
TENANT: 
SQUARE, INC.,                                                                                       a Delaware corporation 
By: /s/ Sarah Friar                                   
Name: Sarah Friar                               
Title: CFO                                               

By:                                                           
Name:                                                  
Title:                                                     

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EXHIBIT A
SUITE 2100

1455 MARKET STREET
OUTLINE OF PREMISESEX-4.1

 Exhibit 4.1 

This Supplemental Indenture (this “Supplemental Indenture”), dated as of July 31, 2018 among WMIH Corp, a Delaware
corporation (the “Guaranteeing Parent”), an indirect parent of Nationstar Mortgage LLC, a Delaware limited liability company (the “Company” and, together with Nationstar Capital Corporation, the
“Issuers”) and Wells Fargo Bank, National Association, as trustee (the “Trustee”). 

W I T N E S S E T H 

WHEREAS, the Issuers and each of the Guarantors (as defined in the Indenture referred to below) have heretofore executed and delivered to the
Trustee an indenture (the “Indenture”), dated as of February 7, 2013, providing for the issuance of 6.500% Senior Notes due 2021 (the “Notes”); 

WHEREAS, the Guaranteeing Parent has determined that it is desirable to unconditionally guarantee all of the Issuers’ Obligations under
the Notes and the Indenture on the terms and conditions set forth herein and under the Indenture (the “Note Guarantee”) and the provision of the Note Guarantee is permitted pursuant to Section 9.01 of the
Indenture; and 
 WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and
deliver this Supplemental Indenture. 
 NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the
receipt of which is hereby acknowledged, the parties mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows: 

(1)    Capitalized Terms. Capitalized terms used herein without definition shall have the meanings assigned to them
in the Indenture. 
 (2)    Agreement to Guarantee. The Guaranteeing Parent hereby agrees as follows: 

(a) Along with all other Guarantors named in the Indenture (including pursuant to any supplemental indentures), to jointly and severally
unconditionally guarantee to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its respective successors and assigns, irrespective of the validity and enforceability of the Indenture, the Notes or the
obligations of the Issuers hereunder or thereunder, that: 
 (i) the principal of, interest, premium, if any, and Additional
Interest, if any, on the Notes shall be promptly paid in full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of and interest on the Notes, if any, if lawful, and all other obligations
of the Issuers to the Holders or the Trustee hereunder or thereunder shall be promptly paid in full or performed, all in accordance with the terms hereof and thereof; and 

(ii) in case of any extension of time of payment or renewal of any Notes or any of such other obligations, that same shall be
promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or otherwise. 

 Failing payment when due of any amount so guaranteed or any performance so guaranteed for
whatever reason, the Guarantors and the Guaranteeing Parent shall be jointly and severally obligated to pay the same immediately. This is a guarantee of payment and not a guarantee of collection. 

(b) The obligations hereunder shall be unconditional, irrespective of the validity, regularity or enforceability of the Notes
or the Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with respect to any provisions hereof or thereof, the recovery of any judgment against the Issuers or any Guarantors, any action to
enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a guarantor. 

(c) The Guaranteeing Parent hereby waives: diligence, presentment, demand of payment, filing of claims with a court in the
event of insolvency or bankruptcy of the Issuers, any right to require a proceeding first against the Issuers, protest, notice and all demands whatsoever. 

(d) This Note Guarantee shall not be discharged except by full payment or complete performance of the obligations contained in
the Notes, the Indenture and this Supplemental Indenture, and the Guaranteeing Parent accepts all obligations of a Guarantor under the Indenture, including Article X of the Indenture (which is deemed incorporated in this Supplemental Indenture and
applicable to this Note Guarantee). The Guaranteeing Parent acknowledges that by executing this Supplemental Indenture, it will become a Guarantor under the Indenture and subject to all the terms and conditions applicable to Guarantors contained
therein. 
 (e) If any Holder or the Trustee is required by any court or otherwise to return to the Issuers, the Guarantors
(including the Guaranteeing Parent), or any custodian, trustee, liquidator or other similar official acting in relation to either the Issuers or the Guarantors, any amount paid either to the Trustee or such Holder, this Note Guarantee, to the extent
theretofore discharged, shall be reinstated in full force and effect. 
 (f) The Guaranteeing Parent shall not be entitled to
any right of subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. 

(g) As between the Guaranteeing Parent, on the one hand, and the Holders and the Trustee, on the other hand, (x) the
maturity of the obligations guaranteed hereby may be accelerated as provided in Article VI of the Indenture for the purposes of this Note Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of
the obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such obligations as provided in Article VI of the Indenture, such obligations (whether or not due and payable) shall forthwith become due and payable
by the Guaranteeing Parent for the purpose of this Note Guarantee. 

  
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 (h) The Guaranteeing Parent shall have the right to seek contribution from any non-paying Guarantor so long as the exercise of such right does not impair the rights of the Holders under this Note Guarantee. 

(i) Pursuant to Section 10.02 of the Indenture, the obligations of the Guaranteeing Parent shall be
limited to the maximum amount as will, after giving effect to such maximum amount and all other contingent and fixed liabilities of such Guaranteeing Parent that are relevant under any applicable Bankruptcy Law or fraudulent conveyance laws and
after giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under Article X of the Indenture, result in the
obligations of such Guaranteeing Parent under this Note Guarantee not constituting a fraudulent conveyance or fraudulent transfer under applicable law. 

(j) This Note Guarantee shall remain in full force and effect and continue to be effective should any petition be filed by or
against the Issuers for liquidation, reorganization, should the Issuers become insolvent or make an assignment for the benefit of creditors or should a receiver or trustee be appointed for all or any significant part of the Issuers’ assets, and
shall, to the fullest extent permitted by law, continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Notes are, pursuant to applicable law, rescinded or reduced in amount, or must otherwise be
restored or returned by any obligee on the Notes and Note Guarantee, whether as a “voidable preference”, “fraudulent transfer” or otherwise, all as though such payment or performance had not been made. In the event that any
payment or any part thereof, is rescinded, reduced, restored or returned, the Note shall, to the fullest extent permitted by law, be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 

(k) In case any provision of this Note Guarantee shall be invalid, illegal or unenforceable, the validity, legality, and
enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 (l) This Note Guarantee
shall be a general unsecured senior obligation of such Guaranteeing Parent, ranking pari passu with any other future unsubordinated Indebtedness of the Guaranteeing Parent, if any. 

(m) Each payment to be made by the Guaranteeing Parent in respect of this Note Guarantee shall be made without set-off, counterclaim, reduction or diminution of any kind or nature. 

(3)    Execution and Delivery. The Guaranteeing Parent agrees that the Note Guarantee shall remain in full force
and effect notwithstanding the absence of the endorsement of any notation of such Note Guarantee on the Notes. 

  
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 (4)    Merger, Consolidation or Sale of All or Substantially All
Assets. 
 (a) The Guaranteeing Parent may not sell or otherwise dispose of all or substantially all of its assets to, or
consolidate with or merge with or into (whether or not such Guaranteeing Parent is the surviving Person), another Person, other than the Issuers or another Guarantor, unless: 

(i) except in the case of a merger entered into solely for the purpose of reincorporating a Guaranteeing Parent in another
jurisdiction, immediately after giving effect to that transaction, no Default or Event of Default shall have occurred and be continuing; and 

(ii) either: 

(A) the Person acquiring the property in any such sale or disposition or the Person formed by or surviving any such
consolidation or merger (if not the Guaranteeing Parent) assumes all the obligations of that Guaranteeing Parent under the Indenture, its Note Guarantee and the applicable Registration Rights Agreement pursuant to this supplemental indenture; or

 (B) the Net Proceeds of such sale or other disposition are either (i) applied in accordance with
Section 4.10(d) of the Indenture or (ii) not required to be applied in accordance with any provision of the Indenture. 

(5)    Releases. 

The Note Guarantee of the Guaranteeing Parent shall be automatically and unconditionally released and discharged, and no further action by the
Guaranteeing Parent, the Issuers or the Trustee is required for the release of the Guaranteeing Parent’s Note Guarantee, in the following circumstances: 

(a) in connection with any sale, transfer or other disposition of all or substantially all of the assets of that Guaranteeing
Parent (including by way of merger or consolidation) to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, if the sale or other disposition does not violate
Section 4.10 of the Indenture; 
 (b) in connection with any sale, transfer or other disposition of
all of the Capital Stock of the Guaranteeing Parent (including by way of merger or consolidation) to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, if the sale
or other disposition does not violate Section 4.10 of the Indenture; 
 (c) if the Company
designates any Restricted Subsidiary of the Company that is a Guarantor to be an Unrestricted Subsidiary of the Company in accordance with Section 4.17 of the Indenture; or 

(d) upon the exercise of Legal Defeasance by the Issuers or pursuant to Article XI of the Indenture; and 

  
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 in connection with such release, either of the Issuers shall deliver to the Trustee an
Officers’ Certificate of such Guarantor confirming the effective date of such release and stating that all conditions precedent provided for in this Indenture relating to such transaction have been complied with. 

(6)    No Recourse Against Others. No director, officer, employee, incorporator or stockholder of the Guaranteeing
Parent shall have any liability for any obligations of the Issuers or the Guarantors (including the Guaranteeing Parent), respectively, under the Notes, the Note Guarantees, the Indenture or this Supplemental Indenture or for any claim based on, in
respect of, or by reason of, such obligations or their creation; provided that the foregoing shall not limit any Guarantor’s obligations under its Note Guarantees. Each Holder by accepting Notes waives and releases all such liability.
The waiver and release are part of the consideration for issuance of the Notes. 
 (7)    Governing Law. THIS
SUPPLEMENTAL INDENTURE WILL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 

(8)    Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy
shall be an original, but all of them together represent the same agreement. 
 (9)    Effect of Headings. The
Section headings herein are for convenience only and shall not affect the construction hereof. 
 (10)    The
Trustee. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely
by the Guaranteeing Parent. 
 (11)    Subrogation. The Guaranteeing Parent shall be subrogated to all rights of
Holders of Notes against the Issuers in respect of any amounts paid by the Guaranteeing Parent pursuant to the provisions of Section 2 hereof and Section 10.01 of the Indenture; provided
that, if an Event of Default has occurred and is continuing, the Guaranteeing Parent shall not be entitled to enforce or receive any payments arising out of, or based upon, such right of subrogation until all amounts then due and payable by the
Issuers under the Indenture or the Notes shall have been paid in full. 
 (12)    Benefits Acknowledged. The
Guaranteeing Parent’s Note Guarantee is subject to the terms and conditions set forth in the Indenture. The Guaranteeing Parent acknowledges that it will receive direct and indirect benefits from the financing arrangements contemplated by the
Indenture and this Supplemental Indenture and that the guarantee and waivers made by it pursuant to this Note Guarantee are knowingly made in contemplation of such benefits. 

(13)    Successors. All agreements of the Guaranteeing Parent in this Supplemental Indenture shall bind its
Successors, except as otherwise in this Supplemental Indenture. All agreements of the Trustee in this Supplemental Indenture shall bind its successors. 

[signature pages follow] 

  
 5 

 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed, all as of the date first above written. 
  

			
	WMIH Corp.
		
	By:	 	 /s/ Amar R. Patel

	Name:	 	Amar R. Patel
	Title:	 	Executive Vice President, and Chief Financial Officer

 [Signature Page to 2021 Notes Supplemental Indenture] 

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,
  

as Trustee

 
			
		
	By:	 	 /s/ Casey A. Boyle

	Name:	 	Casey A. Boyle
	Title:	 	Assistant Vice President

 [Signature Page to 2021 Notes Supplemental Indenture]

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