Document:

Exhibit 4.2

 Exhibit 4.2 

MPG HOLDCO I INC. 
 as Company

 THE GUARANTORS NAMED HEREIN 

as Guarantors 
 and 

WILMINGTON TRUST, NATIONAL ASSOCIATION 

as Trustee 
 7.375% Senior Notes
due 2022 
  
  

INDENTURE 
 Dated as of
October 20, 2014 
  
  

 Table of Contents 

 

							
	 	  	 	  	Page	 
			
		  	 ARTICLE 1
	  			
			
		  	 DEFINITIONS AND INCORPORATION BY REFERENCE
	  			
			
	 Section 1.01
	  	 Definitions
	  	 	1	  
	 Section 1.02
	  	 Other Definitions
	  	 	32	  
	 Section 1.03
	  	 Incorporation by Reference of Trust Indenture Act
	  	 	33	  
	 Section 1.04
	  	 Rules of Construction
	  	 	34	  
	 Section 1.05
	  	 Acts of Holders
	  	 	35	  
			
		  	 ARTICLE 2
	  			
			
		  	 THE NOTES
	  			
			
	 Section 2.01
	  	 Amount of Notes
	  	 	36	  
	 Section 2.02
	  	 Form and Dating
	  	 	36	  
	 Section 2.03
	  	 Execution and Authentication
	  	 	36	  
	 Section 2.04
	  	 Registrar and Paying Agent
	  	 	37	  
	 Section 2.05
	  	 Paying Agent to Hold Money in Trust
	  	 	37	  
	 Section 2.06
	  	 Holder Lists
	  	 	38	  
	 Section 2.07
	  	 Transfer and Exchange
	  	 	38	  
	 Section 2.08
	  	 Replacement Notes
	  	 	38	  
	 Section 2.09
	  	 Outstanding Notes
	  	 	39	  
	 Section 2.10
	  	 Temporary Notes
	  	 	39	  
	 Section 2.11
	  	 Cancellation
	  	 	39	  
	 Section 2.12
	  	 Defaulted Interest
	  	 	39	  
	 Section 2.13
	  	 CUSIP Numbers, ISINs, etc
	  	 	39	  
	 Section 2.14
	  	 Calculation of Principal Amount of Notes
	  	 	39	  
			
		  	 ARTICLE 3
	  			
			
		  	 REDEMPTION
	  			
			
	 Section 3.01
	  	 Redemption
	  	 	40	  
	 Section 3.02
	  	 Applicability of Article
	  	 	40	  
	 Section 3.03
	  	 Notices to Trustee
	  	 	40	  
	 Section 3.04
	  	 Selection of Notes to Be Redeemed
	  	 	40	  
	 Section 3.05
	  	 Notice of Optional Redemption
	  	 	40	  
	 Section 3.06
	  	 Effect of Notice of Redemption
	  	 	41	  
	 Section 3.07
	  	 Deposit of Redemption Price
	  	 	41	  
	 Section 3.08
	  	 Notes Redeemed in Part
	  	 	42	  
			
		  	 ARTICLE 4
	  			
			
		  	 COVENANTS
	  			
			
	 Section 4.01
	  	 Payment of Notes
	  	 	42	  
	 Section 4.02
	  	 Reports and Other Information
	  	 	42	  
	 Section 4.03
	  	 Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock
	  	 	44	  
	 Section 4.04
	  	 Limitation on Restricted Payments
	  	 	49	  
	 Section 4.05
	  	 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries
	  	 	57	  
	 Section 4.06
	  	 Asset Sales
	  	 	59	  
	 Section 4.07
	  	 Transactions with Affiliates
	  	 	61	  

  
 i 

 Table of Contents 

(continued) 
  

							
	 	  	 	  	Page	 
	 Section 4.08
	  	Change of Control	  	 	64	  
	 Section 4.09
	  	Compliance Certificate	  	 	66	  
	 Section 4.10
	  	Further Instruments and Acts	  	 	66	  
	 Section 4.11
	  	Future Subsidiary Guarantors	  	 	66	  
	 Section 4.12
	  	Liens	  	 	66	  
	 Section 4.13
	  	Maintenance of Office or Agency	  	 	67	  
	 Section 4.14
	  	Suspension of Certain Covenants	  	 	67	  
			
		  	ARTICLE 5	  			
			
		  	SUCCESSOR COMPANY	  			
			
	 Section 5.01
	  	Merger, Consolidation or Sale of All or Substantially All Assets	  	 	68	  
	 Section 5.02
	  	Successor Corporation Substituted	  	 	70	  
			
		  	ARTICLE 6	  			
			
		  	DEFAULTS AND REMEDIES	  			
			
	 Section 6.01
	  	Events of Default	  	 	70	  
	 Section 6.02
	  	Acceleration	  	 	72	  
	 Section 6.03
	  	Other Remedies	  	 	72	  
	 Section 6.04
	  	Waiver of Past Defaults	  	 	72	  
	 Section 6.05
	  	Control by Majority	  	 	73	  
	 Section 6.06
	  	Limitation on Suits	  	 	73	  
	 Section 6.07
	  	Rights of the Holders to Receive Payment	  	 	73	  
	 Section 6.08
	  	Collection Suit by Trustee	  	 	73	  
	 Section 6.09
	  	Trustee May File Proofs of Claim	  	 	73	  
	 Section 6.10
	  	Priorities	  	 	74	  
	 Section 6.11
	  	Undertaking for Costs	  	 	74	  
	 Section 6.12
	  	Waiver of Stay or Extension Laws	  	 	74	  
			
		  	ARTICLE 7	  			
			
		  	TRUSTEE	  			
			
	 Section 7.01
	  	Duties of Trustee	  	 	74	  
	 Section 7.02
	  	Rights of Trustee	  	 	75	  
	 Section 7.03
	  	Individual Rights of Trustee	  	 	76	  
	 Section 7.04
	  	Trustee’s Disclaimer	  	 	77	  
	 Section 7.05
	  	Notice of Defaults	  	 	77	  
	 Section 7.06
	  	Reports by Trustee to the Holders	  	 	77	  
	 Section 7.07
	  	Compensation and Indemnity	  	 	77	  
	 Section 7.08
	  	Replacement of Trustee	  	 	78	  
	 Section 7.09
	  	Successor Trustee by Merger	  	 	79	  
	 Section 7.10
	  	Eligibility; Disqualification	  	 	79	  
	 Section 7.11
	  	Preferential Collection of Claims Against the Company	  	 	79	  
	 Section 7.12
	  	Tax Payment and Tax Withholding Obligations	  	 	79	  
			
		  	ARTICLE 8	  			
			
		  	DISCHARGE OF INDENTURE; DEFEASANCE	  			
			
	 Section 8.01
	  	Discharge of Liability on Notes; Defeasance	  	 	80	  
	 Section 8.02
	  	Conditions to Defeasance	  	 	80	  

  
 ii 

 Table of Contents 

(continued) 
  

							
	 	  	 	  	Page	 
	 Section 8.03
	  	Application of Trust Money	  	 	81	  
	 Section 8.04
	  	Repayment to Company	  	 	82	  
	 Section 8.05
	  	Indemnity for Government Notes	  	 	82	  
	 Section 8.06
	  	Reinstatement	  	 	82	  
			
		  	ARTICLE 9	  			
			
		  	AMENDMENTS AND WAIVERS	  			
			
	 Section 9.01
	  	Without Consent of the Holders	  	 	82	  
	 Section 9.02
	  	With Consent of the Holders	  	 	83	  
	 Section 9.03
	  	Compliance with Trust Indenture Act	  	 	84	  
	 Section 9.04
	  	Revocation and Effect of Consents and Waivers	  	 	84	  
	 Section 9.05
	  	Notation on or Exchange of Notes	  	 	84	  
	 Section 9.06
	  	Trustee to Sign Amendments	  	 	85	  
	 Section 9.07
	  	Additional Voting Terms; Calculation of Principal Amount	  	 	85	  
			
		  	ARTICLE 10	  			
			
		  	GUARANTEES	  			
			
	 Section 10.01
	  	Guarantees	  	 	85	  
	 Section 10.02
	  	Limitation on Liability	  	 	86	  
	 Section 10.03
	  	Releases	  	 	86	  
	 Section 10.04
	  	Successors and Assigns	  	 	87	  
	 Section 10.05
	  	No Waiver	  	 	87	  
	 Section 10.06
	  	Modification	  	 	87	  
	 Section 10.07
	  	Execution of Supplemental Indenture for Future Guarantors	  	 	87	  
	 Section 10.08
	  	Non-Impairment	  	 	87	  
	 Section 10.09
	  	Benefits Acknowledged	  	 	87	  
			
		  	ARTICLE 11	  			
			
		  	MISCELLANEOUS	  			
			
	 Section 11.01
	  	Trust Indenture Act Controls	  	 	88	  
	 Section 11.02
	  	Notices	  	 	88	  
	 Section 11.03
	  	Communication by the Holders with Other Holders	  	 	89	  
	 Section 11.04
	  	Certificate and Opinion as to Conditions Precedent	  	 	89	  
	 Section 11.05
	  	Statements Required in Certificate or Opinion	  	 	89	  
	 Section 11.06
	  	When Notes Disregarded	  	 	89	  
	 Section 11.07
	  	Rules by Trustee, Paying Agent and Registrar	  	 	90	  
	 Section 11.08
	  	Legal Holidays	  	 	90	  
	 Section 11.09
	  	GOVERNING LAW; WAIVER OF JURY TRIAL	  	 	90	  
	 Section 11.10
	  	No Recourse Against Others	  	 	90	  
	 Section 11.11
	  	Successors	  	 	90	  
	 Section 11.12
	  	Multiple Originals	  	 	90	  
	 Section 11.13
	  	Table of Contents; Headings	  	 	90	  
	 Section 11.14
	  	Indenture Controls	  	 	90	  
	 Section 11.15
	  	Severability	  	 	90	  
	 Section 11.16
	  	Force Majeure	  	 	91	  
	 Section 11.17
	  	U.S.A. Patriot Act	  	 	91	  
	 Section 11.18
	  	No Adverse Interpretation of Other Agreements	  	 	91	  

  
 iii 

 Appendix A—Provisions Relating to Original Notes and Additional Notes 

EXHIBIT INDEX 
 Exhibit A—Form of Note 

Exhibit B—Form of Transferee Letter of Representation 

Exhibit C—Form of Supplemental Indenture 

  
 iv 

 CROSS-REFERENCE TABLE 
  

			
	 TIA

Section
	  	Indenture
Section
	 310 (a)
	  	7.10
	 (b)
	  	7.08; 7.10
	 311 (a)
	  	7.11
	 (b)
	  	7.11
	 312 (a)
	  	2.06
	 (b)
	  	11.03
	 (c)
	  	11.03
	 313 (a)
	  	7.06
	 (b)
	  	7.06
	 (c)
	  	7.06
	 (d)
	  	7.06
	 314 (a)
	  	4.02; 4.09
	 (b)
	  	N.A.
	 (c)(1)
	  	11.04
	 (c)(2)
	  	11.04
	 (c)(3)
	  	N.A.
	 (d)
	  	N.A.
	 (e)
	  	11.05
	 (f)
	  	4.10
	 315 (a)
	  	7.01
	 (b)
	  	7.05
	 (c)
	  	7.01
	 (d)
	  	7.01
	 (e)
	  	6.11
	 316 (a)(last sentence)
	  	11.06
	 (a)(1)(A)
	  	6.05
	 (a)(1)(B)
	  	6.04
	 (a)(2)
	  	N.A.
	 (b)
	  	6.07
	 (c)
	  	1.05
	 317 (a)(1)
	  	6.08
	 (a)(2)
	  	6.09
	 (b)
	  	2.05
	 318 (a)
	  	11.01
	 (b)
	  	N.A.
	 (c)
	  	N.A.

 N.A. Means Not Applicable. 

Note: This Cross-Reference Table shall not, for any purposes, be deemed to be part of this Indenture. 

  
 v 

 INDENTURE dated as of October 20, 2014, among MPG Holdco I Inc., a Delaware
corporation (the “Company”), the Guarantors (as herein defined), and Wilmington Trust, National Association, as trustee (the “Trustee”). 

Each party agrees as follows for the benefit of the other parties and for the equal and ratable benefit of the Holders of
(a) $600,000,000 aggregate principal amount of the Company’s 7.375% Senior Notes due 2022 issued on the date hereof (the “Original Notes”) and (b) any Additional Notes (as defined herein) that may be issued after the
date hereof in the form of Exhibit A (all such securities in clauses (a) and (b) being referred to collectively as the “Notes”). The Original Notes and any Additional Notes (as defined herein) shall constitute a single
series hereunder. Subject to the conditions and compliance with the covenants set forth herein, the Company may issue an unlimited aggregate principal amount of Additional Notes. 

ARTICLE 1  

DEFINITIONS AND INCORPORATION BY REFERENCE 

SECTION 1.01 Definitions. 

“Acquired Indebtedness” means, with respect to any specified Person: 

(1) Indebtedness of any other Person existing at the time such other Person is consolidated, merged or amalgamated with or into
or became a Restricted Subsidiary of such specified Person, including Indebtedness incurred in connection with, or in contemplation of, such other Person merging or amalgamating with or into, or becoming a Restricted Subsidiary of, such specified
Person, and 
 (2) Indebtedness secured by a Lien encumbering any asset acquired by such specified Person; provided, that any
Indebtedness of such Person that is extinguished, redeemed, defeased, retired or otherwise repaid at the time of or immediately upon consummation of the transaction pursuant to which such other Person becomes a Subsidiary of the specified Person
will not be Acquired Indebtedness. 
 “Acquisition” means the transactions contemplated by the Transaction Agreement. 

“Additional Notes” means additional Notes (other than the Original Notes) issued from time to time under the terms of this
Indenture subsequent to the Issue Date. 
 “Affiliate” of any specified Person means any other Person directly or
indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control” (including, with correlative meanings, the terms
“controlling,” “controlled by” and “under common control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of
the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise. 

“Applicable Premium” means, with respect to any Note on any Redemption Date, the greater of: 

(1) 1.0% of the principal amount of such Note; and 

(2) the excess, if any, of: 

(a) the present value at such Redemption Date of (i) the redemption price of such Note at October 15, 2017, plus
(ii) all required interest payments due on such Note through October 15, 2017 (excluding accrued but unpaid interest to the Redemption Date), computed using a discount rate equal to the Treasury Rate as of such Redemption Date plus 50
basis points; over 
 (b) the then outstanding principal amount of such Note, 

as calculated by the Company or on behalf of the Company by such Person as the Company shall designate; provided that such calculation shall not
be a duty or an obligation of the Trustee. 

  
 1 

 “Asset Sale” means: 

(1) the sale, conveyance, transfer or other disposition, whether in a single transaction or a series of related transactions,
of property or assets (including by way of a Sale and Lease-Back Transaction) of the Company or any of its Restricted Subsidiaries (each referred to in this definition as a “disposition”); or 

(2) the issuance or sale of Equity Interests of any Restricted Subsidiary, whether in a single transaction or a series of
related transactions (other than Preferred Stock of Restricted Subsidiaries issued in compliance with Section 4.03 and directors’ qualifying shares and shares issued to foreign nationals as required under applicable law); 

in each case, other than: 
 (a)
any disposition of (i) Cash Equivalents (or other financial assets that were Cash Equivalents when the original Investment was made) or Investment Grade Securities, (ii) surplus, obsolete, used, damaged or worn out property or equipment in
the ordinary course of business (whether now owned or hereafter acquired) or any disposition or consignment of equipment, inventory or goods (or other assets) held for sale, (iii) property no longer used or useful in the conduct of business of
the Company and its Restricted Subsidiaries and (iv) property or equipment that is otherwise economically impracticable to maintain; 

(b) the disposition of all or substantially all of the assets of the Company in a manner permitted pursuant to
Section 5.01 or any disposition that constitutes a Change of Control; 
 (c) the making of any payment or Investment
that is permitted to be made, and is made, under Section 4.04 or the making of any Permitted Investment; 
 (d) any
disposition of assets of the Company or any Restricted Subsidiary or issuance or sale of Equity Interests of any Restricted Subsidiary in any transaction or series of transactions with an aggregate fair market value not to exceed $25.0 million; 

(e) any disposition of property or assets or issuance of securities by a Restricted Subsidiary to the Company or by the Company
or a Restricted Subsidiary to another Restricted Subsidiary; 
 (f) to the extent allowable under Section 1031 of the
Code, any exchange of like property (excluding any boot thereon) for use in a Similar Business; 
 (g) (i) the sale, lease,
assignment, sublease, license or sublicense of any real or personal property in the ordinary course of business and (ii) the termination of leases in the ordinary course of business; 

(h) any issuance or sale of Equity Interests in, or Indebtedness or other securities of, an Unrestricted Subsidiary or any
other disposition of such Unrestricted Subsidiary or any disposition of assets of such Unrestricted Subsidiary; 
 (i) any
disposition arising from foreclosure, casualty, condemnation or any similar action or transfers by reason of eminent domain with respect to any property or other asset of the Company or any of the Restricted Subsidiaries or exercise of termination
rights under any lease, sublease, license, sublicense, concession or other agreement; 

  
 2 

 (j) a transfer of accounts receivable and related assets of the type specified in
the definition of “Receivables Facility” (or a fractional undivided interest therein or pursuant to any factoring or similar arrangement); 

(k) dispositions in connection with the granting of a Lien that is permitted under Section 4.12; 

(l) the issuance by a Restricted Subsidiary of Preferred Stock or Disqualified Stock that is permitted under Section 4.03;

 (m) any financing transaction with respect to property built or acquired by the Company or any Restricted Subsidiary after
the Issue Date, including Sale and Lease-Back Transactions and asset securitizations, permitted by this Indenture; 
 (n) any
grant in the ordinary course of business of any license of patents, trademarks, know-how or any other intellectual property, including, but not limited to, grants of franchises or licenses, franchise or license master agreements and/or area
development agreements; 
 (o) dispositions of receivables in connection with the compromise, settlement or collection
thereof in the ordinary course of business or in bankruptcy or similar proceedings; 
 (p) the sale, discount or forgiveness
of accounts receivable or notes receivable in the ordinary course of business or in connection with the collection or compromise thereof or the conversion of accounts receivable to notes receivable; 

(q) the abandonment of intellectual property rights in the ordinary course of business which in the reasonable good faith
determination of the Company are uneconomical or not material to the conduct of the business of the Company and the Restricted Subsidiaries taken as a whole; 

(r) termination of non-speculative Hedging Obligations; 

(s) any surrender or waiver of contract rights or the settlement, release, recovery on or surrender of contract, tort or other
claims of any kind in the ordinary course of business; 
 (t) sales, transfers and other dispositions of Investments in joint
ventures or any Subsidiary that is not a Wholly-Owned Subsidiary to the extent required by, or made pursuant to, buy/sell arrangements between the joint venture or similar parties set forth in the relevant joint venture arrangements and/or similar
binding arrangements; 
 (u) dispositions of real property and related assets in the ordinary course of business in
connection with relocation activities for directors, officers, employees, members of management or consultants of any direct or indirect parent company, the Company or any Subsidiary; 

(v) dispositions and/or terminations of leases, subleases, licenses or sublicenses (including the provision of software under
any open source license), which (i) do not materially interfere with the business of the Company and its Restricted Subsidiaries, taken as a whole, or (ii) relate to closed facilities or the discontinuation of any product line; 

(w) dispositions of accounts receivable and related assets pursuant to any Foreign Factoring Arrangement; and 

(x) dispositions in connection with the Radford Sale to the extent that the net cash proceeds in respect of the Radford Sale do
not exceed $10.0 million. 

  
 3 

 “Bank Products” means any services or facilities on account of credit or
debit cards, purchase cards, stored value cards or merchant services constituting a line of credit. 
 “Bankruptcy
Code” means Title 11 of the United States Code, as amended. 
 “Bankruptcy Law” means the Bankruptcy Code and any
similar federal, state or foreign law for relief of debtors. 
 “Business Day” means each day which is not a Legal Holiday.

 “Capital Stock” means: 

(1) in the case of a corporation, shares in the capital of such corporation; 

(2) in the case of an association or business entity, any and all shares, interests, participations, rights or other
equivalents (however designated) of capital stock; 
 (3) in the case of a partnership or limited liability company,
partnership or membership interests (whether general or limited); and 
 (4) any other interest or participation that confers
on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person. 

“Capitalized Lease Obligation” means, at the time any determination thereof is to be made, the amount of the liability
in respect of a capital lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) prepared in accordance with GAAP. 

“Capitalized Software Expenditures” means, for any period, the aggregate of all expenditures (whether paid in cash or
accrued as liabilities) by a Person and its Subsidiaries during such period in respect of licensed or purchased software or internally developed software and enhancements that, in conformity with GAAP, are or are required to be reflected as
capitalized costs on the consolidated balance sheet of such Person and such Subsidiaries. 
 “Cash Equivalents”
means: 
 (1) dollars; 

(2) (a) pounds sterling, euro, or any national currency of any participating member state of the EMU; or (b) in the case
of any Foreign Subsidiary that is a Restricted Subsidiary, such local currencies held by them from time to time in the ordinary course of business; 

(3) securities issued or directly and unconditionally guaranteed or insured as to interest and principal by the U.S. government
or any agency or instrumentality thereof, the obligations of which are backed by the full faith and credit of the U.S., in each case maturing within one year after such date and, in each case, repurchase agreements and reverse repurchase agreements
relating thereto; 
 (4) deposits, money market deposits, time deposit accounts, certificates of deposit or bankers’
acceptances (or similar instruments) maturing within one year after such date, in each case with any bank or trust company organized under, or authorized to operate as a bank or trust company under, the laws of the U.S., any state thereof or the
District of Columbia and that has capital and surplus of not less than $100,000,000 and, in each case, repurchase agreements and reverse repurchase agreements relating thereto; 

  
 4 

 (5) commercial paper maturing within 24 months from the date of creation thereof
and having, at the time of the acquisition thereof, a rating of at least A-2 from S&P or at least P-2 from Moody’s (or, if at any time neither S&P nor Moody’s shall be rating such obligations, an equivalent rating from another
nationally recognized statistical rating agency); 
 (6) marketable short-term money market and similar securities having a
rating of at least P-2 or A-2 from either Moody’s or S&P, respectively (or reasonably equivalent ratings of another internationally recognized ratings agency) and in each case maturing within 24 months after the date of creation thereof and
in a currency permitted under clause (1) or (2) above; 
 (7) readily marketable direct obligations issued by any
state, commonwealth or territory of the United States or any political subdivision or taxing authority thereof having an Investment Grade Rating from either Moody’s or S&P (or reasonably equivalent ratings of another internationally
recognized rating agency) with maturities of 24 months or less from the date of acquisition; 
 (8) Indebtedness or Preferred
Stock issued by Persons with a rating of “A” or higher from S&P or “A2” or higher from Moody’s (or reasonably equivalent ratings of another internationally recognized ratings agency) with maturities of 24 months or less
from the date of acquisition and in each case in a currency permitted under clause (1) or (2) above; 
 (9)
Investments with average maturities of 12 months or less from the date of acquisition in money market funds rated AAA- (or the equivalent thereof) or better by S&P or Aaa3 (or the equivalent thereof) or better by Moody’s and in each case in
a currency permitted under clause (1) or (2) above; 
 (10) institutional money market funds registered under the
Investment Company Act of 1940; 
 (11) in the case of any Foreign Subsidiaries, investments equivalent to those referred to
in clauses (3) through (10) above denominated in foreign currencies customarily used by persons for cash management purposes in any jurisdiction outside the United States; and 

(12) investment funds (including shares of any money market mutual fund) investing at least 90% of their assets in securities
of the types described in clauses (1) through (11) above. 
 Notwithstanding the foregoing, Cash Equivalents shall include
amounts denominated in currencies other than those set forth in clauses (1) and (2) above, provided that such amounts are converted into any currency listed in clauses (1) and (2) as promptly as practicable and in any
event within ten Business Days following the receipt of such amounts. 
 “Cash Management Services” means any
of the following to the extent not constituting a line of credit: treasury and/or cash management services, including, without limitation, other netting services, overdraft protections, automated clearing-house arrangements, employee credit card
programs, controlled disbursement services, ACH transactions, return items, interstate depository network services, foreign exchange facilities, deposit and other accounts and merchant services (including, for the avoidance of doubt, all
“Banking Services” as defined in the Senior Credit Facilities). 
 “Change of Control” means the
occurrence of any of the following after the Issue Date: 
 (1) the sale, lease or transfer, in one or a series of related
transactions (other than by way of merger or consolidation), of all or substantially all of the assets of Holdings and its Subsidiaries, taken as a whole, to any Person other than one or more Permitted Holders; or 

(2) the Company becomes aware of (by way of a report or any other filing pursuant to Section 13(d) of the Exchange Act,
proxy, vote, written notice or otherwise) the acquisition by (A) any Person (other than one or more Permitted Holders) or (B) Persons (other than one or more Permitted Holders) that are together (1) a group (within the meaning of
Section 13(d)(3) or Section 14(d)(2) of the 

  
 5 

 
Exchange Act, or any successor provision), or (2) are acting, for the purpose of acquiring, holding or disposing of securities (within the meaning of Rule 13d-5(b)(1) under the Exchange
Act), as a group, in a single transaction or in a related series of transactions, by way of merger, consolidation or other business combination or purchase of beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act, or any
successor provision) of more than 50% of the total voting power of the Voting Stock of the Company or any of its direct or indirect parent companies holding directly or indirectly an amount of Voting Stock of the Company such that the Company is a
Subsidiary of such holding company; provided that so long as the Company is a Subsidiary of a parent company, no Person shall be deemed to be or become a beneficial owner of 50% or more of the total voting power of the Voting Stock of the
Company unless such Person shall be or become a beneficial owner of 50% or more of the total voting power of the Voting Stock of such parent company; 

provided, that notwithstanding the foregoing, a transaction described in clauses (1) or(2) above shall not constitute a
Change of Control during any Suspension Period unless such transaction would result in a Rating Decline; provided, further, that, notwithstanding the foregoing, no Change of Control shall occur if, in connection with any transaction
that would otherwise constitute a Change of Control with respect to clause (1) or (2) above, (i) the Person that is acquiring the assets or Voting Stock that would otherwise result in a Change of Control is a Permitted Public Company,
(ii) no Rating Decline shall have occurred as a result of such transaction and (iii) no later than 90 days after the earlier of the date public notice of the occurrence of such transaction or the intention of the Company to effect such
transaction (which period shall be extended so long as the rating of the Notes is under publicly announced consideration for possible downgrade by any of the Rating Agencies), neither Moody’s or S&P assigns or reaffirms a rating to the
Notes that is lower than B3 (or the equivalent) by Moody’s and B+ (or the equivalent) by S&P. 
 “Code” means the
Internal Revenue Code of 1986, as amended from time to time. 
 “Combinations” means the reorganization of ASP HHI
Holdings, Inc., ASP MD Holdings, Inc., and ASP Grede Intermediate Holdings LLC that occurred on August 4, 2014 through mergers with three separate wholly-owned merger subsidiaries of Holdings.  

“Consolidated Depreciation and Amortization Expense” means, with respect to any Person for any period, (a) the
total amount of depreciation and amortization expense, including without limitation the amortization of intangible assets (including amortization of deferred launch costs), deferred financing fees and Capitalized Software Expenditures, of such
Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP and (b) the depreciation of assets of such Person and its subsidiaries acquired under Capital Leases, which is
expensed in cost of goods sold and not included in depreciation and amortization under GAAP. 
 “Consolidated Interest
Expense” means, with respect to any Person for any period, without duplication, the sum of: 
 (1) consolidated
interest expense of such Person and its Restricted Subsidiaries paid or payable in respect of such period, to the extent such expense was deducted (and not added back) in computing Consolidated Net Income (including (a) amortization of original
issue discount resulting from the issuance of Indebtedness at less than par, (b) all commissions, discounts and other fees and charges owed with respect to letters of credit, bank guarantees, bankers’ acceptances, ancillary facilities or
any similar facility or financing and hedging agreements, (c) non-cash interest payments (but excluding any non-cash interest expense attributable to the movement in the mark to market valuation of Hedging Obligations or other derivative
instruments pursuant to GAAP), (d) the interest component of Capitalized Lease Obligations, and (e) net payments, if any, made (less net payments, if any, received) pursuant to interest rate Hedging Obligations with respect to
Indebtedness, and excluding (i) penalties and interest related to taxes, (ii) amortization of deferred financing fees, debt issuance costs, discounted liabilities, commissions, fees and expenses, (iii) any expensing of bridge,
commitment and other financing fees, (iv) commissions, discounts, yield and other fees and charges (including any interest expense) related to any Receivables Facility and (v) any expense resulting from the discounting of Indebtedness in
connection with the application of recapitalization accounting or, if applicable, acquisition accounting; plus 

  
 6 

 (2) consolidated capitalized interest of such Person and its Restricted Subsidiaries for
such period, whether paid or accrued; less 
 (3) interest income of such Person and its Restricted Subsidiaries for such period. 

For purposes of this definition, interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably
determined by the Company to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP. 

“Consolidated Net Income” means, with respect to any Person for any period, the aggregate of the Net Income, of such
Person and its Restricted Subsidiaries for such period, on a consolidated basis, and otherwise determined in accordance with GAAP; provided, however, that, without duplication, 

(1) any after-tax effect of extraordinary, non-recurring or unusual gains, income, losses, expenses or charges (including
(x) costs of and payments of actual or prospective legal settlements, fines, judgments or orders and (y) gains, income, losses, expenses or charges arising from insurance claims and settlements), severance, relocation costs, integration
costs, consolidation and costs related to the opening, closure, relocation and/or consolidation of facilities, signing, retention or completion costs and bonuses, recruiting costs, recruiting and hiring bonuses, transition costs, costs incurred in
connection with acquisitions (whether or not consummated) after the Issue Date (including integration costs), consulting fees, legal fees and taxes related to issuances of significant options and curtailments or modifications to pension and
post-retirement employee benefit plans and corporate reorganization shall be excluded; 
 (2) the Net Income for such period
shall not include the cumulative effect of a change in accounting principles or policies during such period; 
 (3) any net
after-tax gains, charges or losses with respect to disposed, abandoned, closed or discontinued operations (other than assets held for sale) and any accretion or accrual of discounted liabilities and on the disposal of disposed, abandoned and
discontinued operations and facilities, plans or distribution centers that have been closed, or temporarily shut down or idled during such period, shall be excluded; 

(4) any after-tax effect of gains, income, losses, expenses or charges (less all fees and expenses relating thereto)
attributable to asset dispositions (including asset retirement costs) or returned surplus assets of any employee pension benefit plan other than in the ordinary course of business shall be excluded; 

(5) the Net Income (or loss) for such period of any Person that is not a Subsidiary, or is an Unrestricted Subsidiary, or that
is accounted for by the equity method of accounting, shall be excluded; provided that Consolidated Net Income of such Person shall be increased by the amount of dividends or distributions or other payments (including any ordinary course dividend,
distribution or other payment) that are actually paid in cash (or to the extent converted into cash) to the referent Person or a Restricted Subsidiary thereof in respect of such period by such Person; 

(6) solely for the purpose of determining the amount available for Restricted Payments under Section 4.04(a)(3)(A), the
Net Income for such period of any Restricted Subsidiary (other than any Guarantor) shall be excluded to the extent that the declaration or payment of dividends or similar distributions by that Restricted Subsidiary of its Net Income is not at the
date of determination permitted without any prior governmental approval (which has not been obtained) or, directly or indirectly, by the operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule, or
governmental regulation applicable to that Restricted Subsidiary or its stockholders, unless such restriction with respect to the payment of dividends or similar distributions has been legally waived, provided that Consolidated Net Income
shall be increased by the amount of dividends or other distributions or other payments actually paid in cash (or to the extent converted into cash) to the referent Person or a Restricted Subsidiary thereof in respect of such period, to the extent
not already included therein; 

  
 7 

 (7) effects of adjustments (including the effects of such adjustments pushed down
to such Person and its Restricted Subsidiaries) in the Person’s consolidated financial statements pursuant to GAAP (including in the inventory, property and equipment, software, goodwill, intangible assets, in-process research and development,
deferred revenue, deferred rent, deferred trade incentives and other lease-related items and debt line items thereof) resulting from the application of recapitalization accounting or purchase accounting, as the case may be, in relation to any
consummated acquisition or the amortization or write-off or removal of revenue otherwise recognizable on any amounts thereof, net of taxes, shall be excluded or added back in the case of lost revenue; 

(8) any after-tax effect of income (loss) (less all fees and expenses or charges related thereto) from the early extinguishment
or conversion of Indebtedness or Hedging Obligations or other derivative instruments (including deferred financing expenses written off and premiums paid) shall be excluded; 

(9) any (i) goodwill or other asset impairment charges, write-offs or write-downs or (ii) amortization of intangibles
shall be excluded; 
 (10) any (i) non-cash compensation charge, cost, expense, accrual or reserve including any such
charge, cost, expense, accrual or reserve arising from the grant of stock appreciation or similar rights, stock options, restricted stock or other equity incentive programs, (ii) charges, costs, expenses, accruals or reserves incurred by the
Company or a Restricted Subsidiary pursuant to any management equity plan, profits interest or stock option plan or any other management or employee benefit plan or agreement, pension plan or other long-term or post-employment benefit, any stock
subscription or shareholder agreement or any distributor equity plan or agreement, including any fair value adjustments that may be required under liquidity puts for such arrangements, (iii) charges, costs, expenses, accruals or reserves in
connection with the rollover, acceleration or payout of Capital Stock held by management of the Company, any direct or indirect parent company and/or any of its subsidiaries, in each case to the extent that such charges, costs, expenses, accruals or
reserves are funded with cash proceeds contributed to the capital of the Company as a result of capital contribution or as a result of the sale or issuance of Capital Stock (other than Disqualified Capital Stock) of the Company solely to the extent
such amounts are funded with net cash proceeds contributed to such Person as a capital contribution or as a result of the sale of Capital Stock (other than Disqualified Capital Stock) of such Person, and (iv) charges, costs, or expenses
incurred in respect of bonus payments pursuant to employee incentive programs (including any bonus plans) that exceed 100% of the total amount projected for such payments, shall be excluded; 

(11) (i) any fees, commissions and expenses incurred during such period, or any amortization or write-off thereof for such
period in connection with any acquisition, Investment, Asset Sale, issuance or repayment of Indebtedness, issuance of Equity Interests, refinancing transaction or amendment or modification of any debt instrument (in each case, including any such
transaction consummated prior to the Issue Date and any such transaction undertaken but not completed) and any charges or non-recurring merger costs incurred during such period as a result of any such transaction shall be excluded, and
(ii) accruals and reserves that are established or adjusted within 12 months after (x) the Issue Date that are so required to be established or adjusted as a result of the Transactions and (y) the date of any acquisition or other
similar Investment, in each case, in accordance with GAAP or as a result of the adoption or modification of accounting policies, shall be excluded; 

(12) any unrealized or realized net gain or loss resulting from currency translation or transaction gains or losses impacting
net income (including currency remeasurements of Indebtedness) and any foreign currency translation or transaction gains or losses shall be excluded, including those resulting from intercompany Indebtedness; 

(13) any unrealized net gains and losses resulting from Hedging Obligations in accordance with GAAP or any other derivative
instrument pursuant to the application of Accounting Standards Codification Topic Number 815 “Derivatives and Hedging” shall be excluded; 

  
 8 

 (14) to the extent covered by insurance and actually reimbursed, or, so long as
the Company has made a good faith determination that it expects to receive reimbursement within 365 days (with a deduction for any amount so added back to the extent not so reimbursed within such 365 days), (x) the amount of any fee, cost,
expense or reserve with respect to liability or casualty events or business interruption shall be excluded, and (y) proceeds of such insurance in an amount representing the earnings for the applicable period that such proceeds are intended to
replace shall be included; and 
 (15) to the extent actually reimbursed or reimbursable by third parties pursuant to
indemnification or reimbursement provisions or similar agreements or insurance, fees, costs, expenses or reserves incurred to the extent covered by indemnification provisions in any agreement in connection with any sale of Capital Stock,
acquisition, Permitted Investment, Restricted Payment, Asset Sale, disposition, recapitalization, mergers, consolidations or amalgamations, option buyouts or incurrences, repayments, refinancings, amendments or modifications of Indebtedness (in each
case, including any such transaction consummated prior to the Issue Date) shall be excluded. 
 Notwithstanding the foregoing, for the
purpose of Section 4.04 hereof only (other than clause (3)(D) of Section 4.04(a) hereof) there shall be excluded from Consolidated Net Income any income arising from any sale or other disposition of Restricted Investments made by the
Company and its Restricted Subsidiaries, any repurchases and redemptions of Restricted Investments from the Company and its Restricted Subsidiaries, any repayments of loans and advances which constitute Restricted Investments by the Company or any
of its Restricted Subsidiaries, any sale of the stock of an Unrestricted Subsidiary or any distribution or dividend from an Unrestricted Subsidiary, in each case only to the extent such amounts increase the amount of Restricted Payments permitted
under clause (3)(D) of Section 4.04(a) or clause (vii)(b) of Section 4.04(b). 
 “Consolidated Secured Debt
Ratio” means, as of any date of determination, the ratio of (1) Consolidated Total Indebtedness of such Person and its Restricted Subsidiaries that is secured by Liens as of such date of determination to (2) EBITDA of such Person
and its Restricted Subsidiaries for the most recently ended four quarters for which financial statements are available, in each case with such pro forma adjustments to Consolidated Total Indebtedness and EBITDA as are appropriate and
consistent with the pro forma adjustment provisions set forth in the definition of “Fixed Charge Coverage Ratio.” 

“Consolidated Total Assets” means, at any date, all amounts that would, in conformity with GAAP, be set forth opposite
the caption “total assets” (or like caption) on a consolidated balance sheet of the Company and its Subsidiaries at such date. 

“Consolidated Total Indebtedness” means, as to any Person at any date of determination, an amount equal to the sum of
(1) the aggregate amount of all outstanding Indebtedness of such Person and its Restricted Subsidiaries on a consolidated basis consisting of Indebtedness for borrowed money, Obligations in respect of Capitalized Lease Obligations and debt
obligations evidenced by promissory notes and similar instruments (and including, for the avoidance of doubt, all obligations relating to Receivables Facilities) and (2) the aggregate amount of all outstanding Disqualified Stock of such Person
and all Preferred Stock of its Restricted Subsidiaries on a consolidated basis, with the amount of such Disqualified Stock and Preferred Stock equal to the greater of their respective voluntary or involuntary liquidation preferences and maximum
fixed repurchase prices, in each case determined on a consolidated basis in accordance with GAAP, less unrestricted cash and Cash Equivalents included on the consolidated balance sheet of such Person and any Restricted Subsidiaries as of such date.
For purposes hereof, the “maximum fixed repurchase price” of any Disqualified Stock or Preferred Stock that does not have a fixed repurchase price shall be calculated in accordance with the terms of such Disqualified Stock or
Preferred Stock as if such Disqualified Stock or Preferred Stock were purchased on any date on which Consolidated Total Indebtedness shall be required to be determined pursuant to this Indenture, and if such price is based upon, or measured by, the
fair market value of such Disqualified Stock or Preferred Stock, such fair market value shall be determined reasonably and in good faith by the Company. 

“Consolidated Total Leverage Ratio” means, as of any date of determination, the ratio of (1) Consolidated Total
Indebtedness of such Person and its Restricted Subsidiaries as of such date of determination to (2) EBITDA of such Person and its Restricted Subsidiaries, in each case with such pro forma adjustments to Consolidated Total Indebtedness
and EBITDA as are appropriate and consistent with the pro forma adjustment provisions set forth in the definition of “Fixed Charge Coverage Ratio.” 

  
 9 

 “Contingent Obligations” means, with respect to any Person, any
obligation of such Person guaranteeing any leases, dividends or other obligations that do not constitute Indebtedness (“primary obligations”) of any other Person (the “primary obligor”) in any manner, whether
directly or indirectly, including, without limitation, any obligation of such Person, whether or not contingent. 

(1) to purchase any such primary obligation or any property constituting direct or indirect security therefor; 

(2) to advance or supply funds: 

(a) for the purchase or payment of any such primary obligation; or 

(b) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of
the primary obligor; or 
 (3) to purchase property, securities or services primarily for the purpose of assuring the owner
of any such primary obligation of the ability of the primary obligor to make payment of such primary obligation against loss in respect thereof. 

“Corporate Trust Office” means the office of the Trustee at which at any particular time its corporate trust business
related to this Indenture shall be principally administered, which office at the date of the execution of this instrument is located at 50 South Sixth Street, Suite 1290, Minneapolis, Minnesota 55402, Attention: MPG Holdco I Administrator, or such
other address as the Trustee may designate from time to time by notice to the Company, or the principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time to time by notice to the
Company). 
 “Credit Facilities” means, with respect to the Company or any Restricted Subsidiary, one or more
debt facilities, including the Senior Credit Facilities, or other financing arrangements (including, without limitation, commercial paper facilities with banks or other institutional lenders or investors or indentures) providing for revolving credit
loans, term loans, letters of credit or other long-term indebtedness, including any notes, mortgages, guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications,
extensions, renewals, restatements, amendments and restatements, or refundings thereof and any indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that refinance any part of the
loans, notes or other securities, other credit facilities or commitments thereunder, including any such refinancing facility or indenture that increases the amount permitted to be borrowed thereunder or alters the maturity thereof (provided
that such increase in borrowings is permitted under Section 4.03 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, lender or group of lenders. 

“Custodian” means the Trustee, as custodian with respect to the Notes in global form, or any successor entity thereto. 

“Default” means any event that is, or with the passage of time or the giving of notice or both would be, an Event of
Default. 
 “Depositary” means, with respect to the Notes issuable or issued in whole or in part in global
form, the Person specified in Section 2.04 hereof as the Depositary with respect to the Notes, and any and all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provision of this
Indenture. 
 “Designated Non-cash Consideration” means the fair market value of non-cash consideration
received by the Company or a Restricted Subsidiary in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation, less the amount of
Cash Equivalents received in connection with a subsequent sale, redemption, repurchase of, or collection or payment on, such Designated Non-cash Consideration. 

  
 10 

 “Designated Preferred Stock” means Preferred Stock of the Company, any
Restricted Subsidiary or any direct or indirect parent company thereof (in each case other than Disqualified Stock) that is issued for cash (other than to a Restricted Subsidiary or an employee stock ownership plan or trust established by the
Company or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officer’s Certificate, on the issuance date thereof, the cash proceeds of which are excluded from the calculation set forth in clause
(3) of Section 4.04(a). 
 “Disqualified Stock” means, with respect to any Person, any Capital
Stock of such Person which, by its terms, or by the terms of any security into which it is convertible or for which it is redeemable or exchangeable, or upon the happening of any event, matures or is mandatorily redeemable (other than solely as a
result of a change of control or asset sale) pursuant to a sinking fund obligation or otherwise or is redeemable at the option of the holder thereof (other than solely as a result of a change of control or asset sale), in whole or in part, in each
case prior to the date 91 days after the earlier of the maturity date of the Notes or the date the Notes are no longer outstanding; provided, however, that if such Capital Stock is issued to any current or former employee or to any
plan for the benefit of employees, directors, officers, members of management or consultants of the Company or its Subsidiaries or by any such plan to such employees, directors, officers, members or management or consultants, such Capital Stock
shall not constitute Disqualified Stock solely because it may be required to be repurchased by the Company or its Subsidiaries in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s,
director’s, officer’s, management member’s or consultant’s termination, death or disability. 

“Domestic Subsidiary” means a Subsidiary incorporated or organized under the laws of the United States of America, any
State thereof or the District of Columbia. 
 “EBITDA” means, with respect to any Person for any period, the
Consolidated Net Income of such Person for such period: 
 (1) increased (without duplication) by: 

(a) provision for taxes based on income or profits or capital (including pursuant to any tax sharing arrangements) including,
without limitation, federal, state, local, provincial, foreign, excise, franchise, property and similar taxes and foreign withholding taxes and foreign unreimbursed value added taxes (including, in each case, penalties and interest related to such
taxes or arising from tax examinations) of or with respect to such Person paid or accrued during such period deducted (and not added back) in computing Consolidated Net Income; plus 

(b) Fixed Charges of such Person for such period plus bank fees and costs of surety bonds in connection with financing
activities, plus amounts excluded from Consolidated Interest Expense as set forth in clauses (i), (ii), (iii), (iv) and (v) in the definition thereof, to the extent the same were deducted (and not added back) in calculating such
Consolidated Net Income plus commissions, discounts and other fees and charges owed with respect to letters of credit, bankers’ acceptance or any similar facilities or financing and Hedging Obligations; plus 

(c) Consolidated Depreciation and Amortization Expense of such Person for such period to the extent the same was deducted (and
not added back) in computing Consolidated Net Income; plus 
 (d) (i) Transaction Expenses, (ii) transaction
fees, costs and expenses (including rationalization, legal, tax and structuring fees, costs and expenses) incurred in connection with the consummation of any transaction (or any transaction proposed and not consummated) permitted under this
Indenture, including any Equity Offering, Permitted Investment, Restricted Payments, acquisitions, dispositions (including any Foreign Factoring Arrangements), recapitalizations, mergers, consolidations or amalgamations, option buyouts or
incurrences, repayments, refinancings, amendments or modifications of Indebtedness (including any amortization or write-off of debt issuance or deferred financings costs, premiums and prepayment penalties) or similar transactions or any Qualifying
IPO, including (x) such fees, expenses or charges related to the offering of the Notes, the Senior Credit Facilities and the Receivables Facility or the repayment of 

  
 11 

 
the existing senior secured credit facilities, (y) any amendment or other modification of the Notes, the Senior Credit Facility and the Receivables Facility and (z) commissions,
discounts, yield and other fees and charges (including any interest expense related to any Receivables Facility), and (iii) costs associated with, or in anticipation of, our preparation for, compliance with the requirements of the
Sarbanes-Oxley Act of 2002, deducted (and not added back) in computing Consolidated Net Income; plus 
 (e) the
amount of any costs, charges, accruals, reserves or expenses attributable to the undertaking and/or implementation of cost savings (including sourcing), operating expense reductions, operating improvements, product margin synergies and product cost
and other synergies and similar initiatives, integration, transition, reconstruction, decommissioning, recommissioning or reconfiguration of fixed assets for alternative uses, restructuring costs (including those related to tax restructurings),
charges, accruals, reserves or expenses attributable to the undertaking and/or implementation of cost savings initiatives, operating expense reductions, business optimization and other restructuring costs, charges, accruals, reserves and expenses
(including, without limitation, inventory and business optimization programs, software development costs, the opening and pre-opening, closure, relocation and/or consolidation of facilities and plants, unused warehouse space costs, costs related to
entry into new markets, unused warehouse space costs, and consulting and other professional fees, signing or retention costs, retention or completion charges or bonuses, relocation expenses, recruitment expenses (including headhunter fees and
relocation expenses) severance payments, curtailments and modifications to or losses on settlement of pension and post-retirement employee benefit plans, excess pension charges, contract termination costs, future lease commitments, new system design
and implementation costs and project startup costs and expenses attributable to the implementation of cost savings initiatives and professional and consulting fees incurred in connection with any of the foregoing); plus 

(f) any other non-cash charges or losses, including (i) any write offs or write downs, (ii) the vesting of warrants
and stock options and other equity based awards compensation, (iii) losses on sales, disposals or abandonment of, or any impairment charges or asset write off related to, intangible assets, long-lived assets and investments in debt and equity
securities, (iv) all losses from investments recorded using the equity method (other than to the extent funded with cash) and (v) other non-cash charges, non-cash expenses or non-cash losses reducing Consolidated Net Income for such period
(provided that if any such non-cash charges, expenses or losses represent an accrual or reserve for potential cash items in any future period, (A) the Company may determine not to add back such non-cash charge, loss or expense in the
current period or (B) to the extent the Company does decide to add back such non-cash charge, loss, or expense, the cash payment in respect thereof in such future period shall be subtracted from EBITDA to such extent, and excluding amortization
of a prepaid cash item that was paid in a prior period); plus 
 (g) the amount of any minority and/or
non-controlling interest expense consisting of Subsidiary income attributable to minority and/or non-controlling equity interests of third parties in any non-Wholly-Owned Subsidiary deducted (and not added back) in such period in calculating
Consolidated Net Income; plus 
 (h) the amount of management, monitoring, consulting, transaction and advisory fees
(including termination fees) and related indemnities and expenses paid or accrued in such period to the Permitted Holders or other persons with a similar interest in the Company or its direct or indirect parent companies to the extent otherwise
permitted under Section 4.07 and deducted (and not added back) in such period in computing Consolidated Net Income; plus 

(i) expected cost savings (including sourcing), operating expense reductions, other operating improvements and expense
reductions and product margin synergies and product cost and other synergies projected by the Company in good faith to be realized as a result of (i) the Transactions and (ii) any asset sale, merger, or other business combination,
acquisition, Investment, disposition or divestiture, operating improvement and expense reductions, 

  
 12 

 
restructurings, cost saving initiatives, any similar initiative and/or specified transaction taken or to be taken by the Company or any of its Restricted Subsidiaries (calculated on a pro
forma basis as though such cost savings, operating improvements and expense reductions and synergies had been realized on the first day of such period and as if such cost savings, operating improvements and expense reductions and synergies were
realized during the entirety of such period), net of the amount of actual benefits realized during such period from such actions; provided that such cost savings, expense reductions, operating improvements and synergies are reasonably
identifiable and factually supportable and are reasonably anticipated to be realized within 24 months after the change, acquisition or disposition that is expected to result in such cost savings, expense reductions, or operating improvements and
other synergies (which adjustments may be incremental to pro forma adjustments made pursuant to the definition of “Fixed Charge Coverage Ratio”); plus 

(j) the amount of loss on sale of receivables and related assets to the Receivables Subsidiary in connection with a
Receivables Facility; plus 
 (k) (i) any charges, costs, expenses, accruals or reserves incurred by the Company or a
Restricted Subsidiary pursuant to any management equity plan, profits interest or stock option plan or any other management or employee benefit plan or agreement, pension plan or other long-term or post-employment benefit, any stock subscription or
shareholder agreement or any distributor equity plan or agreement, including any fair value adjustments that may be required under liquidity puts for such arrangements, (ii) any charges, costs, expenses, accruals or reserves in connection with
the rollover, acceleration or payout of Capital Stock held by management of the Company, any direct or indirect parent company and/or any of its subsidiaries, in each case to the extent that such charges, costs, expenses, accruals or reserves are
funded with cash proceeds contributed to the capital of the Company as a result of capital contribution or as a result of the sale or issuance of Capital Stock (other than Disqualified Stock) of the Company solely to the extent that such net cash
proceeds are excluded from the calculation set forth in Section 4.04(a)(3) and (iii) any charges, costs, or expenses incurred in respect of bonus payments pursuant to employee incentive programs (including any bonus plans) that exceed 100%
of the total amount projected for such payments, plus 
 (l) cash receipts (or any netting arrangements resulting in
reduced cash expenditures) not representing EBITDA or Net Income in any period to the extent non-cash gains relating to such income were deducted in the calculation of EBITDA pursuant to clause (2) below for any previous period and not added
back; plus 
 (m) earn-out and contingent consideration obligations incurred or accrued in connection with any
acquisition or other Permitted Investment and paid or accrued during such period and on similar acquisitions and Permitted Investments completed prior to the Issue Date, plus 

(n) with respect to any joint venture that is not a Restricted Subsidiary, an amount equal to the proportion of those items
described in clauses (a) to (c) above relating to such joint venture corresponding to such Person’s and its Restricted Subsidiaries’ proportionate share of such joint venture’s Consolidated Net Income (determined as if such
joint venture were a Restricted Subsidiary), plus 
 (o) at the option of the Company, (A) the excess of GAAP
rent expense over actual cash rent paid, including the benefit of lease incentives (in the case of a charge) during such period due to the use of straight line rent or the application of fair value adjustments made as a result of recapitalization or
purchase accounting, in each case, for GAAP purposes, (B) the non-cash amortization of tenant allowances and (C) the cash portion of sublease rentals received by such Person; provided that, in each case, if any such non-cash charge
represents an accrual or reserve for potential cash items in any future period, such Person may determine not to add back such non-cash charge in the current period, plus 

  
 13 

 (p) the percentage ownership of any joint venture that is accounted for under the
equity method attributable to the Company, plus 
 (q) the amount of travel expenses, payroll taxes, indemnification
payments, director’s fees and any other charges, costs, expenses, accruals or reserves incurred in connection with, or amounts payable to, any director of the board of the Company or its parent entities in connection with such director serving
as a member of such board of directors and performing his or her duties in respect thereof, plus 
 (r) charges or
expenses in connection with union contract renewals and related negotiations (including, without limitation, management travel expenses and legal and other third-party costs). 

(2) decreased (without duplication) by: 

(a) non-cash gains increasing Consolidated Net Income of such Person for such period, excluding any non-cash gains to the
extent they represent the reversal of an accrual or reserve for a potential cash item that reduced EBITDA in any prior period and any non-cash gains with respect to cash actually received in a prior period so long as such cash did not increase
EBITDA in such prior period, plus 
 (b) any net income from disposed or discontinued operations; and 

(3) increased or decreased by (without duplication), as applicable, any adjustments resulting from the application of ASC Topic
Number 460 (Guarantees). 
 “EMU” means economic and monetary union as contemplated in the Treaty on European Union.

 “Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock, but
excluding any debt security that is convertible into, or exchangeable for, Capital Stock. 
 “Equity
Offering” means any public or private sale of common stock or Preferred Stock of the Company or any of its direct or indirect parent companies (excluding Disqualified Stock), other than: 

(1) public offerings with respect to the Company’s or any direct or indirect parent company’s common stock registered
on Form S-8; 
 (2) issuances to any Subsidiary of the Company; and 

(3) any such public or private sale that constitutes an Excluded Contribution. “euro” means the single currency of
participating member states of the EMU. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and
the rules and regulations of the SEC promulgated thereunder. 
 “Excluded Contribution” means net cash
proceeds, marketable securities or Qualified Proceeds received by the Company after the Issue Date from: 
 (1)
contributions to its common equity capital, and 
 (2) the sale (other than to a Subsidiary of the Company or to any
management equity plan or stock option plan or any other management or employee benefit plan or agreement of the Company) of Capital Stock (other than Disqualified Stock and Designated Preferred Stock) of the Company, 

  
 14 

 in each case designated as Excluded Contributions pursuant to an Officer’s Certificate on or promptly after
the date such capital contributions are made or the date such Equity Interests are sold, as the case may be, which are excluded from the calculation set forth in Section 4.04(a)(3). 

“Excluded Subsidiary” means (1) any Domestic Subsidiary that is not a Wholly-Owned Subsidiary, (2) any
Domestic Subsidiary that is prohibited by law, regulation or contractual obligations from providing a guarantee under this Indenture or that would require a governmental (including regulatory) consent, approval, license or authorization to provide
such guarantee; (3) any not-for-profit Subsidiary; (4) any captive insurance Subsidiary; (5) any special purpose entities used for securitization facilities; (6) any Domestic Subsidiary substantially all of the assets of which
consist of Capital Stock of Foreign Subsidiaries or that is treated as a disregarded entity for U.S. federal income tax purposes that holds the equity of one or more Foreign Subsidiaries and (7) any direct or indirect Domestic Subsidiary of a
Foreign Subsidiary or Domestic Subsidiary substantially all of the assets of which consist of Capital Stock of Foreign Subsidiaries or that is treated as a disregarded entity for U.S. federal income tax purposes that holds the equity of one or more
Foreign Subsidiaries. 
 “Fixed Charge Coverage Ratio” means, with respect to any Person for any period, the
ratio of (1) EBITDA of such Person and its Restricted Subsidiaries for such period to (2) the Fixed Charges of such Person and its Restricted Subsidiaries for such period. In the event that such Person or any of its Restricted Subsidiaries
incurs, assumes, guarantees, repurchases, redeems, retires or extinguishes any Indebtedness (other than Indebtedness under any revolving credit facility or revolving advances under any Receivables Facility, in which case interest expense shall be
computed based upon the average daily balance of such Indebtedness during such applicable period) or issues, repurchases or redeems Disqualified Stock or Preferred Stock subsequent to the commencement of the period for which the Fixed Charge
Coverage Ratio is being calculated but prior to or simultaneously with the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Fixed Charge Coverage Ratio Calculation Date”), then the Fixed Charge
Coverage Ratio shall be calculated giving pro forma effect to such incurrence, assumption, guarantee, repurchase, redemption, retirement or extinguishment of Indebtedness, or such issuance, repurchase or redemption of Disqualified Stock or
Preferred Stock, as if the same had occurred at the beginning of the applicable four-quarter period for which internal financial statements are available. 

For purposes of making the computation referred to above, Investments, acquisitions, dispositions, amalgamations, mergers,
consolidations and discontinued operations (as determined in accordance with GAAP) and any operational changes that the Company or any of its Restricted Subsidiaries has determined to make/or has made during the four-quarter reference period or
subsequent to such reference period and on or prior to or simultaneously with the Fixed Charge Coverage Ratio Calculation Date shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions,
amalgamations, mergers, consolidations, discontinued operations and operational changes (and the change in any associated fixed charge obligations and the change in EBITDA resulting therefrom) had occurred on the first day of the four-quarter
reference period. If since the beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged, amalgamated or consolidated with or into the Company or any of its Restricted Subsidiaries since the beginning of such
period shall have made any Investment, acquisition, disposition, amalgamation, merger, consolidation, discontinued operation or operational change that would have required adjustment pursuant to this definition, then the Fixed Charge Coverage Ratio
shall be calculated giving pro forma effect thereto for such period as if such Investment, acquisition, disposition, discontinued operation, merger, amalgamation, consolidation or operational change had occurred at the beginning of the
applicable four-quarter period. 
 For purposes of this definition, whenever pro forma effect is to be given to an
Investment, acquisition, disposition, amalgamation, merger, consolidation, discontinued operation or operational change, the pro forma calculations shall be made in good faith by a responsible financial or accounting officer of the Company
(and may include (to the extent not already included in EBITDA), (a) cost savings (including sourcing), operating expense reductions and other operating improvements or synergies resulting from such Investment, acquisition, disposition,
amalgamation, merger, consolidation, discontinued operation or operational change, which is being given pro forma effect that have been or are expected to be realized and reasonably identifiable and factually supportable and are reasonably
anticipated to be realized within 24 months after the change, acquisition or disposition that is expected to result in such cost savings, expense reductions, or operating improvements and other synergies and (b) adjustments of the nature used
in connection with the calculation of “Adjusted EBITDA” as set forth in footnote 3 to “Summary—Summary Historical Condensed Consolidated Financial and Other Data” in the Offering Memorandum). If any 

  
 15 

 
Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Fixed Charge
Coverage Ratio Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such Indebtedness). Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest
rate reasonably determined by a responsible financial or accounting officer of the Company to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP. Interest on Indebtedness that may optionally be determined
at an interest rate based upon a factor of a prime or similar rate, a eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the
Company may designate. Interest on any Indebtedness under a revolving credit facility computed on a pro forma basis shall be computed based upon the average daily balance of such indebtedness during the applicable period. 

For purposes of this definition, any amount in a currency other than U.S. dollars will be converted to U.S. dollars based on the average
exchange rate for such currency for the most recent twelve month period immediately prior to the date of determination in a manner consistent with that used in calculating EBITDA for the applicable period. 

“Fixed Charges” means, with respect to any Person for any period, the sum, without duplication, of: 

(1) Consolidated Interest Expense of such Person for such period; 

(2) all cash dividends or other distributions paid (excluding items eliminated in consolidation) on any series of Preferred
Stock during such period; and 
 (3) all cash dividends or other distributions paid (excluding items eliminated in
consolidation) on any series of Disqualified Stock during such period. 
 “Foreign Factoring Arrangement” means any
factoring arrangement entered into by any Foreign Subsidiary with respect to accounts receivable of such entity pursuant to customary terms, provided that the aggregate recourse and exposure in respect thereof shall not at any time exceed $75.0
million.  
 “Foreign Subsidiary” means any Subsidiary that is not a Domestic Subsidiary. 

“GAAP” means generally accepted accounting principles in the United States which are in effect on the Issue Date,
except for any reports required to be delivered under Section 4.02, which shall be prepared in accordance with GAAP in effect on the date thereof. At any time after the Issue Date, the Company may irrevocably elect to apply IFRS accounting
principles in lieu of GAAP, and upon any such election, references herein to GAAP shall thereafter be construed to mean IFRS pursuant to the previous sentence. 

“Government Securities” means securities that are: 

(1) direct obligations of the United States of America for the timely payment of which its full faith and credit is pledged; or

 (2) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of
America the timely payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America, 
 which, in
either case, are not callable or redeemable at the option of the issuers thereof, and shall also include a depository receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act), as custodian with respect to any such
Government Securities or a specific payment of principal of or interest on any such Government Securities held by such custodian for the account of the holder of such depository receipt; provided that (except as required by law) such
custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the Government Securities or the specific payment of principal of or interest
on the Government Securities evidenced by such depository receipt. 

  
 16 

 “Governmental Authority” means any federal, state, municipal, national or
other government, governmental department, commission, board, bureau, court, agency or instrumentality or political subdivision thereof or any entity or officer exercising executive, legislative, judicial, regulatory or administrative functions of
or pertaining to any government or any court (including any supra-national body exercising such powers or functions, such as the European Union or the European Central Bank), in each case whether associated with a state or locality of the U.S., the
U.S., or a foreign government. 
 “Grede Transaction” means the acquisition of ASP Grede Intermediate
Holdings LLC by affiliates of American Securities LLC and certain members of management on June 2, 2014.  

“guarantee” means a guarantee (other than by endorsement of negotiable instruments for collection in the ordinary
course of business), direct or indirect, in any manner (including letters of credit and reimbursement agreements in respect thereof), of all or any part of any Indebtedness or other obligations. 

“Guarantee” means the guarantee by any Guarantor of the Company’s Obligations under this Indenture and the Notes
pursuant to Article 10. 
 “Guarantor” means each Person that Guarantees the Notes in accordance with the terms of
this Indenture. 
 “Hedging Obligations” means, with respect to any Person, the obligations of such Person under any
interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, commodity swap agreement, commodity cap agreement, commodity collar agreement, foreign exchange contract, currency swap agreement or similar agreement
providing for the transfer or mitigation of interest rate, commodity price or currency risks either generally or under specific contingencies (including, for the avoidance of doubt, under all “Hedging Obligations” as defined in the
Senior Credit Facilities). 
 “HHI Transaction” means the acquisition of ASP HHI Holdings, Inc. by affiliates
of American Securities LLC and certain members of management on October 5, 2012.  
 “Holder” means the Person
in whose name a Note is registered in the Note Register. 
 “Holdings” means Metaldyne Performance Group Inc. and any
successors thereto. 
 “IFRS” means international accounting standards within the meaning of IAS Regulation
1606/2002, as in effect from time to time, to the extent relevant to the applicable financial statements. 

“Indebtedness” means, with respect to any Person, without duplication: 

(1) any indebtedness (including principal and premium) of such Person, whether or not contingent: 

(a) in respect of borrowed money; 

(b) evidenced by bonds, notes, debentures or similar instruments or letters of credit or bankers’ acceptances (or, without
duplication, reimbursement agreements in respect thereof); 
 (c) representing the balance deferred and unpaid of the
purchase price of any property (including Capitalized Lease Obligations), except (i) any such balance that constitutes an obligation in respect of a commercial letter of credit, a trade payable or similar obligation, in each case accrued in the
ordinary course of business, (ii) any earn-out obligations until such obligation becomes a liability on the balance sheet of such Person in accordance with GAAP and is not paid after becoming due and payable and (iii) any such obligations
under ERISA or liabilities associated with customer prepayments; or 
 (d) representing any Hedging Obligations; 

  
 17 

 if and to the extent that any of the foregoing Indebtedness (other than letters of credit (other
than commercial letters of credit) and Hedging Obligations) would appear as a liability upon a balance sheet (excluding the footnotes thereto) of such Person prepared in accordance with GAAP; 

(2) to the extent not otherwise included, any obligation by such Person to be liable for, or to pay, as obligor, guarantor or
otherwise, on the obligations of the type referred to in clause (1) of a third Person (whether or not such items would appear upon the balance sheet of such obligor or guarantor), other than by endorsement of negotiable instruments for
collection in the ordinary course of business; and 
 (3) to the extent not otherwise included, the obligations of the type
referred to in clause (1) of a third Person secured by a Lien on any asset owned by such first Person, whether or not such Indebtedness is assumed by such first Person; provided, however, that the amount of such Indebtedness will be the
lesser of (i) the fair market value of such asset at such date of determination, and (ii) the amount of such Indebtedness of such other Person; 

provided, however, that notwithstanding the foregoing, Indebtedness shall be deemed not to include (1) Contingent Obligations incurred in
the ordinary course of business and (2) deferred or prepaid revenues. 
 Notwithstanding anything in this Indenture to the
contrary, Indebtedness shall not include, and shall be calculated without giving effect to, the effects of Accounting Standards Codification Topic 815 and related interpretations to the extent such effects would otherwise increase or decrease an
amount of Indebtedness for any purpose under this Indenture as a result of accounting for any embedded derivatives created by the terms of such Indebtedness; and any such amounts that would have constituted Indebtedness under this Indenture but for
the application of this sentence shall not be deemed an incurrence of Indebtedness under this Indenture. 
 “Indenture”
means this Indenture as amended or supplemented from time to time. 
 “Independent Financial Advisor” means an
accounting, appraisal, investment banking firm or consultant, in each case of nationally recognized standing that is, in the good faith judgment of the Company, qualified to perform the task for which it has been engaged. 

“Initial Public Offering” means the proposed initial public offering of the common stock of Holdings pursuant to the
Registration Statement on Form S-1 (File No. 333-198316), as amended from time to time, and initially filed with the SEC on August 22, 2014.  

“Initial Purchasers” means Deutsche Bank Securities Inc., Goldman, Sachs & Co., Merrill Lynch, Pierce,
Fenner & Smith Incorporated, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC, Nomura Securities International, Inc. and RBC Capital Markets, LLC.  

“Investment Grade Rating” means a rating equal to or higher than Baa3 (or the equivalent) by Moody’s and BBB- (or
the equivalent) by S&P, or, in either case, an equivalent rating by any other Rating Agency. 
 “Investment Grade
Securities” means: 
 (1) securities issued or directly and fully guaranteed or insured by the United States
government or any agency or instrumentality thereof (other than Cash Equivalents); 
 (2) securities or instruments with an
Investment Grade Rating, but excluding any debt securities or instruments constituting loans or advances among the Company and its Subsidiaries; 

(3) investments in any fund that invests exclusively in investments of the type described in clauses (1) and
(2) which fund may also hold immaterial amounts of cash pending investment or distribution; and 
 (4) corresponding
instruments in countries other than the United States customarily utilized for high quality investments. 

  
 18 

 “Investments” means, with respect to any Person, all investments by such
Person in other Persons (including Affiliates) in the form of loans (including guarantees), advances or capital contributions (excluding accounts receivable, trade credit, advances to customers, commission, travel and similar advances to officers,
directors, distributors, consultants and employees, in each case made in the ordinary course of business), purchases or other acquisitions for consideration of Indebtedness, Equity Interests or other securities issued by any other Person and
investments that are required by GAAP to be classified on the balance sheet (excluding the footnotes thereto) of the Company in the same manner as the other investments included in this definition to the extent such transactions involve the transfer
of cash or other property. The amount of any Investment shall be deemed to be the amount actually invested, without adjustment for subsequent increases or decreases in value or any write-downs or write-offs, but giving effect to any repayments
thereof in the form of loans and any return on capital or return on Investment in the case of equity Investments (whether as a distribution, dividend, redemption or sale but not in excess of the amount of such Investment). For purposes of the
definition of “Unrestricted Subsidiary” and Section 4.04: 
 (1) “Investments”
shall include the portion (proportionate to the Company’s equity interest in such Subsidiary) of the fair market value of the net assets of a Subsidiary of the Company at the time that such Subsidiary is designated an Unrestricted Subsidiary;
provided, however, that upon a redesignation of such Subsidiary as a Restricted Subsidiary, the Company shall be deemed to continue to have a permanent “Investment” in an Unrestricted Subsidiary in an amount (if positive)
equal to: 
 (a) the Company’s “Investment” in such Subsidiary at the time of such redesignation;
less 
 (b) the portion (proportionate to the Company’s equity interest in such Subsidiary) of the fair
market value of the net assets of such Subsidiary at the time of such redesignation; and 
 (2) any property transferred to
or from an Unrestricted Subsidiary shall be valued at its fair market value at the time of such transfer, in each case as determined in good faith by the Company. 

“Investors” means American Securities LLC and its Affiliates but not including, however, any of its operating
portfolio companies other than a Parent Company. 
 “Issue Date” means October 20, 2014. 

“Legal Holiday” means a Saturday, a Sunday or any other day on which commercial banking institutions are not required
by law, regulation or executive order to be open in the State of New York or in the State at the place of payment. If a payment date at a place of payment is on a Legal Holiday, payment shall be made at that place on the next succeeding Business
Day, and no interest shall accrue on such payment for the intervening period. 
 “Lien” means, with respect
to any asset, any mortgage, lien, deed of trust, hypothecation, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any
conditional sale or other title retention agreement, any lease in the nature thereof); provided that in no event shall an operating lease be deemed to constitute a Lien. 

“Limited Condition Acquisition” means any acquisition, including by way of merger, amalgamation or consolidation, by
the Company or one or more of its Restricted Subsidiaries whose consummation is not conditioned upon the availability of, or on obtaining, third party financing; provided that the Consolidated Net Income (and any other financial term derived
therefrom), other than for purposes of calculating any ratios in connection with the Limited Condition Acquisition, shall not include any Consolidated Net Income of or attributable to the target company or assets associated with any such Limited
Condition Acquisition unless and until the closing of such Limited Condition Acquisition shall have actually occurred.  

  
 19 

 “Management Consulting Agreements” means those certain management
consulting agreements entered into by each of ASP HHI Holdings, Inc., Metaldyne and ASP Grede Intermediate Holdings LLC with the Investors in connection with the HHI Transaction, the Metaldyne Transaction and the Grede Transaction, respectively. 

 “Management Investors” means the officers, directors, employees and other members of the management of the
Company, any direct or indirect parent company of the Company and/or any Subsidiary of Holdings. 
 “Metaldyne
Transaction” means the acquisition of ASP MD Holdings, Inc. by affiliates of American Securities LLC and certain members of management on December 18, 2012.  

“Moody’s” means Moody’s Investors Service, Inc. and any successor to its rating agency business. 

“Net Income” means, with respect to any Person, the net income (loss) of such Person, determined in accordance with
GAAP and before any reduction in respect of Preferred Stock dividends. 
 “Net Proceeds” means the aggregate
cash proceeds received by the Company or any of its Restricted Subsidiaries in respect of any Asset Sale, including, without limitation, any cash received in respect of or upon the sale or other disposition of any Designated Non-cash Consideration
received in any Asset Sale, net of the direct costs relating to such Asset Sale and the sale or disposition of such Designated Non-cash Consideration, including legal, accounting and investment banking fees, and brokerage and sales commissions, any
relocation expenses incurred as a result thereof, taxes paid or payable as a result thereof, amounts required to be applied to the repayment of principal, premium, if any, and interest on Indebtedness (other than Subordinated Indebtedness) secured
by a Lien on the assets disposed of required (other than required by Section 4.06(b)(i)) to be paid as a result of such transaction and any deduction of appropriate amounts to be provided by the Company or any of its Restricted Subsidiaries as
a reserve in accordance with GAAP against any liabilities associated with the asset disposed of in such transaction and retained by the Company or any of its Restricted Subsidiaries after such sale or other disposition thereof, including pension and
other post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such transaction. 

“New York UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York. 

“Notes” has the meaning given to such term in the Preamble to this Indenture. 

“Obligations” means any principal, interest (including any interest accruing subsequent to the filing of a petition in
bankruptcy, reorganization or similar proceeding at the rate provided for in the documentation with respect thereto, whether or not such interest is an allowed claim under applicable state, federal or foreign law), penalties, fees, indemnification,
reimbursements (including reimbursement obligations with respect to letters of credit and banker’s acceptances), damages and other liabilities, and guarantees of payment of such principal, interest, penalties, fees, indemnifications,
reimbursements, damages and other liabilities, payable under the documentation governing any Indebtedness. 
 “Note
Register” means the register of Notes, maintained by the Registrar, pursuant to Section 2.04 hereof. 

“Offering Memorandum” means the Offering Memorandum relating to the offering of the Original Notes dated
October 10, 2014. 
 “Officer” means the Chairman of the Board, the Chief Executive Officer, the Chief
Financial Officer, the President, any Executive Vice President, Senior Vice President or Vice President, the Treasurer or the Secretary of the Company. 

“Officer’s Certificate” means a certificate signed by an Officer of the Company, who must be the principal
executive officer, the principal financial officer, the treasurer or the principal accounting officer of the Company that meets the requirements set forth in this Indenture. 

  
 20 

 “Opinion of Counsel” means a written opinion from legal counsel who is
reasonably acceptable to the Trustee. The counsel may be an employee of or counsel to the Company. 
 “Parent
Company” means any Person so long as such Person directly or indirectly owns at least 80.0% of the total voting power of the Capital Stock of the Company, and at the time such Person acquired such voting power, no Person and no group
(within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act or any successor provision), including any such group acting for the purpose of acquiring, holding or disposing of securities (within the meaning of Rule
13d-5(b)(1) under the Exchange Act) (other than any Permitted Holders), shall have beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act, or any successor provisions), directly or indirectly, of 50.0% or more of the total
voting power of the Voting Stock of such Parent Company. 
 “Paying Agent” means an office or agency
maintained by the Company pursuant to the terms of this Indenture, where Notes may be presented for payment. 

“Permitted Asset Swap” means the substantially concurrent purchase and sale or exchange of Related Business Assets or
a combination of Related Business Assets and Cash Equivalents between the Company or any of its Restricted Subsidiaries and another Person; provided that any Cash Equivalents received must be applied in accordance with Section 4.06.

 “Permitted Holders” means each of (i) the Investors, (ii) any limited partner of the Investors,
(iii) the Management Investors and (iv) any group (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act or any successor provision) of which any of the foregoing are members; provided that, in the
case of such group and without giving effect to the existence of such group or any other group, such Investors and members of management, collectively, have beneficial ownership of more than 50% of the total voting power of the Voting Stock of the
Company or any of its direct or indirect parent companies. Any person or group whose acquisition of beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act, or any successor provision) constitutes a Change of Control in respect
of which a Change of Control Offer is made in accordance with the requirements of Section 4.08 (or would result in a Change of Control Offer in the absence of the waiver of such requirement by Holders in accordance with Section 4.08) shall
thereafter, together with its Affiliates, constitute an additional Permitted Holder. 
 “Permitted Investments”
means: 
 (1) any Investment in the Company or any of its Restricted Subsidiaries; 

(2) any Investment in cash and Cash Equivalents or Investment Grade Securities; 

(3) any Investment by the Company or any of its Restricted Subsidiaries in a Person (including in the Equity Interests of such
Person) if as a result of such Investment (a) such Person becomes a Restricted Subsidiary or (b) such Person, in one transaction or a series of related transactions, is merged, amalgamated or consolidated with or into, or transfers or
conveys substantially all of its assets to, or is liquidated into, the Company or a Restricted Subsidiary, and, in each case, any Investment held by such Person; provided that such Investment was not acquired by such Person in contemplation
of such acquisition, merger, consolidation or transfer; 
 (4) any Investment in securities or other assets not constituting
cash, Cash Equivalents or Investment Grade Securities and received in connection with an Asset Sale made pursuant to Section 4.06(a) or any other disposition of assets not constituting an Asset Sale; 

(5) any Investment existing on, or made pursuant to binding commitments existing on, the Issue Date and any extension,
modification, replacement, renewal or reinvestments of any such Investments existing or committed on the Issue Date (other than reimbursements of Investments in the Company or any Subsidiary); provided that the amount of any such Investment
may be increased (x) as required by the terms of such Investment or commitment as in existence on the Issue Date or (y) as otherwise permitted under this Indenture; 

  
 21 

 (6) any Investment acquired by the Company or any of its Restricted Subsidiaries:

 (a) in exchange for any other Investment or accounts receivable held by the Company or any such Restricted Subsidiary in
connection with or as a result of a bankruptcy, workout, reorganization or recapitalization of, or settlement of delinquent accounts and disputes with or judgments against, the issuer of such other Investment or accounts receivable; 

(b) as a result of a foreclosure by the Company or any of its Restricted Subsidiaries with respect to any secured Investment or
other transfer of title with respect to any secured Investment in default; 
 (c) as a result of the settlement, compromise
or resolution of litigation, arbitration or other disputes with Persons who are not Affiliates; or 
 (d) in settlement of
debts created in the ordinary course of business; 
 (7) Hedging Obligations permitted under clause (x) of
Section 4.03(b); 
 (8) any Investment in a Similar Business having an aggregate fair market value, taken together with
all other Investments made pursuant to this clause (8) that are at that time outstanding, not to exceed the greater of (x) $90.0 million and (y) 3.0% of Consolidated Total Assets (with the fair market value of each Investment being
measured at the time made and without giving effect to subsequent changes in value); provided, however, that if any Investment pursuant to this clause (8) is made in any Person that is not a Restricted Subsidiary of the Company at
the date of the making of such Investment and such Person becomes a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (1) above and shall cease to have been made pursuant to
this clause (8) for so long as such Person continues to be a Restricted Subsidiary; 
 (9) Investments the payment for
which consists of Equity Interests (exclusive of Disqualified Stock) of the Company, or any of its direct or indirect parent companies; provided, however, that such Equity Interests will not increase the amount available for Restricted
Payments under Section 4.04(a)(3); 
 (10) guarantees (including Guarantees) of Indebtedness permitted under
Section 4.03, performance guarantees and Contingent Obligations in the ordinary course of business and the creation of liens on the assets of the Company or any of its Restricted Subsidiaries in compliance with Section 4.12, including,
without limitation, any guarantee or other obligation issued or incurred under the Senior Credit Facilities in connection with any letter of credit issued for the account of the Company or any of its Subsidiaries (including with respect to the
issuance of, or payments in respect of drawings under, such letters of credit); 
 (11) any transaction to the extent it
constitutes an Investment that is permitted and made in accordance with the provisions of Section 4.07(b) (except transactions described in clauses (ii), (v) and (viii) thereof); 

(12) Investments consisting of or to finance purchases and acquisitions of inventory, supplies, materials, services or
equipment, or intellectual property, or the licensing or contribution of intellectual property pursuant to any distribution, service, joint marketing, co-branding, co-distribution or other similar arrangement, however denominated; 

(13) Investments having an aggregate fair market value, taken together with all other Investments made pursuant to this clause
(13) that are at that time outstanding (without giving effect to the sale of an Unrestricted Subsidiary to the extent the proceeds of such sale do not consist of, or have not been subsequently sold or transferred for, cash or marketable
securities), not to exceed the greater of (x) $125.0 million and (y) 4.0% of Consolidated Total Assets (with the fair market value of each investment being measured at the time made and without giving effect to subsequent changes in
value); provided, however, 

  
 22 

 
that if any Investment pursuant to this clause (13) is made in any Person that is not a Restricted Subsidiary of the Company at the date of the making of such Investment and such Person
becomes a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (1) above and shall cease to have been made pursuant to this clause (13) for so long as such Person continues
to be a Restricted Subsidiary; 
 (14) Investments relating to a Receivables Subsidiary that, in the good faith determination
of the Company, are necessary or advisable to effect any Receivables Facility; 
 (15) loans and advances to, or guarantees
of Indebtedness of, officers, directors, employees, managers, consultants or independent contractors and members of management of the Company (or their respective immediate family members), any of its Subsidiaries or any direct or indirect parent of
the Company not to exceed an amount outstanding at any one time, in the aggregate the greater of (i) $15.0 million and (ii) 0.50% of Consolidated Total Assets (with the fair market value of each Investment being measured at the time made
and without giving effect to subsequent changes in value) (calculated without regard to write-downs or write-offs thereof); 

(16) loans and advances to present or former officers, directors, employees, consultants, managers, members of management and
independent contractors of payroll payments or other compensation and for travel, moving, entertainment and other similar expenses, drawing accounts and similar expenditures, in each case incurred in the ordinary course of business or consistent
with past practices or to fund such Person’s purchase of Equity Interests of the Company or any direct or indirect parent company thereof; 

(17) Investments consisting of licensing or contribution of intellectual property pursuant to joint marketing arrangements with
other Persons; 
 (18) Investments in prepaid expenses, negotiable instruments held for collection and lease, utility and
workers compensation, performance and similar deposits entered into as a result of the operations of the business in the ordinary course; 

(19) Investments in any Subsidiary or any joint venture as required by, or made pursuant to, intercompany cash management
arrangements, buy/sell arrangements between the joint venture parties set forth in joint venture agreements and similar binding arrangements or related activities arising in the ordinary course of business; 

(20) Investments in the ordinary course of business consisting of endorsements for collection or deposit and customary trade
arrangements with customers; 
 (21) Investments in joint ventures having an aggregate fair market value, taken together with
all other Investments made pursuant to this clause (21) that are at the time outstanding, not to exceed the greater of (i) $50.0 million and (ii) 2.0% of Consolidated Total Assets (with the fair market value of each Investment being
measured at the time made and without giving effect to subsequent changes in value); 
 (22) the Notes and the related
Guarantees; 
 (23) guarantees of leases (other than capital leases) or of other obligations not constituting Indebtedness,
in each case in the ordinary course of business; and 
 (24) Investments (i) constituting deposits, prepayments and
other credits to suppliers, (ii) made in connection with obtaining, maintaining or renewing client and customer contracts and (iii) in the form of advances made to distributors, suppliers, licensors and licensees, in each case, in the
ordinary course of business or, in the case of clause (iii), to the extent necessary to maintain the ordinary course of supplies to the Company or any Subsidiary. 

  
 23 

 “Permitted Liens” means, with respect to any Person: 

(1) (a) (i) pledges, deposits or security by such Person under workmen’s compensation laws, unemployment insurance,
employers’ health tax and other social security laws or similar legislation or regulations, health, disability or other employee benefits or property and deposits securing liability to insurance carriers under insurance or self-insurance
arrangements in respect of such obligations and (ii) pledges and deposits and other Liens securing liability for reimbursement or indemnification obligations of (including obligations in respect of letters of credit or bank guarantees for the
benefit of) insurance carriers providing property, casualty, liability or other insurance to the Company and its Subsidiaries; or (b) Liens, pledges and deposits in connection with bids, tenders, contracts (other than for Indebtedness for
borrowed money) or leases, statutory obligations, surety, stay, customs, bid and appeal bonds, performance and return of money bonds, bids, leases, government contracts, trade contracts, agreements with utilities, performance and completion
guarantees and other obligations of a like nature (including letters of credit in lieu of any such items or to support the issuance thereof) incurred in the ordinary course of business, including those incurred to secure health, safety and
environmental obligations in the ordinary course of business and obligations in respect of letters of credit or bank guarantees that have been posted to support payment of the items described in this clause (1); 

(2) Liens imposed by law, such as landlord’s, banks’, carriers’, warehousemen’s, workmen’s,
materialmen’s, repairmen’s, construction and mechanics’ Liens, (i) for sums not yet overdue for a period of more than 30 days, (ii) being contested in good faith by appropriate actions or other Liens arising out of judgments
or awards against such Person with respect to which such Person shall then be proceeding with an appeal or other proceedings for review if adequate reserves with respect thereto are maintained on the books of such Person in accordance with GAAP or
(iii) with respect to which the failure to make payment could not reasonably be expected to have a material adverse effect; 

(3) Liens for taxes, assessments or other governmental charges (i) not yet overdue for a period of more than 30 days,
(ii) which are being contested in good faith by appropriate actions diligently conducted, if adequate reserves with respect thereto are maintained on the books of such Person in accordance with GAAP, (iii) for property taxes on property
that the Company or one of its Subsidiaries has determined to abandon if the sole recourse for such tax, assessment, charge, levy or claim is to such property or (iv) with respect to which the failure to make payment could not reasonably be
expected to have a material adverse effect; 
 (4) Liens in favor of issuers of performance, surety, bid, indemnity,
warranty, release, appeal or similar bonds or with respect to other regulatory requirements or letters of credit or bankers’ acceptances issued, and completion guarantees provided for, in each case pursuant to the request of and for the account
of such Person in the ordinary course of its business or consistent with past practice or industry practices prior to the Issue Date; 

(5) minor survey exceptions, minor encumbrances, ground leases, easements or reservations of, or rights of others for,
licenses, rights-of-way, servitudes, sewers, electric lines, drains, telegraph and telephone and cable television lines, gas and oil pipelines and other similar purposes, or zoning, building codes or other restrictions (including, without
limitation, minor defects or irregularities in title and similar encumbrances) as to the use of real properties or Liens incidental to the conduct of the business of such Person or to the ownership of its properties which were not incurred in
connection with Indebtedness and which do not in the aggregate materially impair their use in the operation of the business of such Person; 

(6) Liens securing Indebtedness permitted to be incurred pursuant to clause (iv), (xiv)(y) or (xviii) of
Section 4.03(b); provided that (a) Liens securing Indebtedness, Disqualified Stock or Preferred Stock to be Incurred pursuant to Section 4.03(b)(iv) are limited to the assets financed with such Indebtedness, Disqualified Stock
or Preferred Stock and any replacements thereof, additions and accessions thereto and the proceeds and products thereof and related property, (b) Liens securing Indebtedness permitted to be incurred pursuant to clause (xiv)(y) of
Section 4.03(b) are solely on acquired property or the assets or Capital Stock of the acquired entity, as the case may be, and improvements thereon and the proceeds and the products thereof and (c) Liens securing Indebtedness permitted to
be incurred pursuant to clause (xviii) of Section 4.03(b) extend only to the assets of non-Guarantor Subsidiaries; 

  
 24 

 (7) Liens existing on the Issue Date (other than Liens incurred to secure
Indebtedness under the Senior Credit Facilities); 
 (8) Liens existing on property or shares of stock of a Person at the
time such Person becomes a Subsidiary; provided, however, such Liens are not created or incurred in connection with, or in contemplation of, such other Person becoming such a Subsidiary; provided, further, however,
that such Liens may not extend to any other property owned by the Company or any of its Restricted Subsidiaries; 
 (9) Liens
existing on property at the time the Company or a Restricted Subsidiary acquired the property, including any acquisition by means of a merger, amalgamation or consolidation with or into the Company or any of its Restricted Subsidiaries;
provided, however, that such Liens are not created or incurred in connection with, or in contemplation of, such acquisition, merger, amalgamation or consolidation; provided, further, however, that the Liens may not
extend to any other property owned by the Company or any of its Restricted Subsidiaries; 
 (10) Liens securing Indebtedness
or other obligations of the Company or a Restricted Subsidiary owing to the Company or another Restricted Subsidiary permitted to be incurred in accordance with Section 4.03; 

(11) Liens securing Hedging Obligations and in respect of Cash Management Services so long as the related Indebtedness is
permitted to be incurred under this Indenture; 
 (12) Liens on specific items of inventory or other goods and proceeds of
any Person securing such Person’s obligations in respect of documentary letters of credit or bankers’ acceptances, a bank guarantee or letters of credit issued or created for the account of such Person to facilitate the purchase, shipment
or storage of such inventory or other goods; 
 (13) leases, subleases, licenses or sublicenses, grants or permits (including
with respect to intellectual property and software) granted to others in the ordinary course of business which do not materially interfere with the ordinary conduct of the business of the Company or any of its Restricted Subsidiaries and the
customary rights reserved or vested in any Person by the terms of any lease, sublease, license, sublicense, grant or permit, or to require annual or periodic payments as a condition to the continuance thereof; 

(14) Liens arising from Uniform Commercial Code (or equivalent statutes) financing statement filings regarding operating leases
or accounts in connection with any transaction otherwise permitted under this Indenture; 
 (15) Liens in favor of the
Company or any Guarantor; 
 (16) Liens on equipment of the Company or any of its Restricted Subsidiaries granted in the
ordinary course of business to the Company’s or its Subsidiaries’ customers; 
 (17) (a) Liens on accounts
receivable and related assets incurred in connection with a Receivables Facility and (b) Liens on assets sold or transferred or purported to be sold or transferred to a Receivables Subsidiary in connection with a Receivables Facility and the
proceeds of such assets; 
 (18) Liens to secure any refinancing, refunding, extension, renewal or replacement (or successive
refinancing, refunding, extensions, renewals or replacements) as a whole, or in part, of any Indebtedness secured by any Lien referred to in the foregoing clauses (6), (7), (8) and (9); provided, however, that (a) such new
Lien shall be limited to all or part of the same property that secured the original Lien (other than the proceeds and products thereof, accessions thereto and improvements on such property), 

  
 25 

 
and (b) the Indebtedness secured by such Lien at such time is not increased to any amount greater than the sum of (i) the outstanding principal amount or, if greater, committed amount
of the Indebtedness described under clauses (6), (7), (8) and (9) at the time the original Lien became a Permitted Lien under this Indenture, and (ii) an amount necessary to pay any accrued interest and fees (including original issue
discount, upfront fees or similar fees) and expenses, including premiums (including tender premiums), related to such refinancing, refunding, extension, renewal or replacement; 

(19) deposits made or other security provided to secure liabilities to insurance carriers under insurance or self-insurance
arrangements in the ordinary course of business; 
 (20) Liens securing judgments for the payment of money not constituting
an Event of Default under Section 6.01(f) so long as such Liens are adequately bonded and any appropriate legal proceedings that may have been duly initiated for the review of such judgment have not been finally terminated or the period within
which such proceedings may be initiated has not expired; 
 (21) Liens in favor of customs and revenue authorities arising as
a matter of law to secure payment of customs duties in connection with the importation of goods in the ordinary course of business; 

(22) Liens (i) of a collection bank arising under Section 4-210 of the Uniform Commercial Code on items in the course
of collection, (ii) attaching to commodity trading accounts or other commodity brokerage accounts incurred in the ordinary course of business, and (iii) in favor of banking institutions arising as a matter of law encumbering deposits
(including the right of set-off) and which are within the general parameters customary in the banking industry; 
 (23) Liens
deemed to exist in connection with Investments in repurchase agreements or other Cash Equivalents permitted under Section 4.03; provided that such Liens do not extend to any assets other than those that are the subject of such repurchase
agreement or other Cash Equivalents; 
 (24) Liens encumbering reasonable customary initial deposits and margin deposits and
similar Liens attaching to commodity trading accounts or other brokerage accounts incurred in the ordinary course of business and not for speculative purposes; 

(25) Liens that are contractual rights of set-off relating to (i) the establishment of depository relations with banks not
given in connection with the issuance of Indebtedness, (ii) pooled deposit or sweep accounts of the Company or any of its Restricted Subsidiaries to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of
business of the Company and its Restricted Subsidiaries or (iii) purchase orders and other agreements entered into with customers of the Company or any of its Restricted Subsidiaries in the ordinary course of business; 

(26) Liens solely on any cash earnest money deposits made by the Company or any of its Restricted Subsidiaries in connection
with any letter of intent or purchase agreement permitted under this Indenture; 
 (27) the rights reserved or vested in any
Person by the terms of any lease, license, franchise, grant or permit held by the Company or any of its Restricted Subsidiaries or by a statutory provision, to terminate any such lease, license, franchise, grant or permit, or to require annual or
periodic payments as a condition to the continuance thereof; 
 (28) restrictive covenants affecting the use to which real
property may be put; provided, however, that the covenants are complied with; 
 (29) security given to a
public utility or any municipality or governmental authority when required by such utility or authority in connection with the operations of that Person in the ordinary course of business; 

  
 26 

 (30) zoning by-laws and other land use restrictions, including, without
limitation, site plan agreements, development agreements and contract zoning agreements; 
 (31) Liens arising out of
conditional sale, title retention, consignment or similar arrangements for sale of goods entered into by the Company or any Restricted Subsidiary in the ordinary course of business; 

(32) Liens arising from Personal Property Security Act financing statement filings regarding leases entered into by the Company
or any of its Restricted Subsidiaries in the ordinary course of business; 
 (33) (i) customary transfer restrictions and
purchase options in joint venture and similar agreements, (ii) Liens on Equity Interests in joint ventures or Unrestricted Subsidiaries securing capital contributions to, or obligations of, such Persons and (iii) customary rights of first
refusal and tag, drag and similar rights in joint venture agreements and agreements with respect to non-Wholly-Owned Subsidiaries entered into in the ordinary course of business; 

(34) (i) the prior rights of consignees and their lenders under consignment arrangements entered into in the ordinary course of
business, (ii) Liens arising out of conditional sale, title retention or similar arrangements for the sale of goods in the ordinary course of business and (iii) Liens arising by operation of law under Article 2 of the Uniform Commercial
Code; 
 (35) Liens on the assets of non-Guarantor Subsidiaries of the Company securing Indebtedness permitted to be incurred
by non-Guarantor Subsidiaries under this Indenture; 
 (36) other Liens securing obligations not to exceed the greater of
(x) $75.0 million and (y) 2.5% of Consolidated Total Assets, at any one time outstanding; 
 (37) Liens securing
reimbursement obligations in respect of documentary letters of credit or bankers’ acceptances in the ordinary course of business, provided that such Liens attach only to the documents and goods covered thereby and proceeds thereof; 

(38) Liens securing Indebtedness permitted to be incurred pursuant to Section 4.03(b)(i); and 

(39) Liens incurred to secure Obligations in respect of any Indebtedness permitted to be incurred pursuant to the covenant
described under Section 4.03; provided that, with respect to Liens securing Obligations permitted under this clause (39), at the time of incurrence and after giving pro forma effect thereto (in a manner consistent with the
calculation of the Fixed Charge Coverage Ratio), the Consolidated Secured Debt Ratio of the Company and its Restricted Subsidiaries would be no greater than 2.25 to 1.00. 

For purposes of determining compliance with this definition, (x) a Lien need not be incurred solely by reference to one category of
Permitted Liens described in this definition but may be incurred under any combination of such categories (including in part under one such category and in part under any other such category), (y) in the event that a Lien (or any portion
thereof) meets the criteria of one or more of such categories of Permitted Liens, the Company shall, in its sole discretion, classify or reclassify such Lien (or any portion thereof) in any manner that complies with this definition, and (z) in
the event that a portion of Indebtedness secured by a Lien could be classified as secured in part pursuant to clause (38) or (39) above (giving effect to the incurrence of such portion of such Indebtedness), the Company, in its sole
discretion, may classify such portion of such Indebtedness (and any Obligations in respect thereof) as having been secured pursuant to clause (38) or (39) above and thereafter the remainder of the Indebtedness as having been secured
pursuant to one or more of the other clauses of this definition. 
 For purposes of this definition, the term
“Indebtedness” shall be deemed to include interest on such Indebtedness. 

  
 27 

 “Permitted Public Company” means any Person (1) with a class or
series of Voting Stock that is traded on a stock exchange or in the over-the-counter market and (2) that conducts its business in the automotive parts and assembly industry.  

“Person” means any individual, corporation, limited liability company, partnership, joint venture, association, joint
stock company, trust, unincorporated organization, government or any agency or political subdivision thereof or any other entity. 

“Preferred Stock” means any Equity Interest with preferential rights of payment of dividends or upon liquidation,
dissolution, or winding up. 
 “Public Company Costs” means charges associated with, or in anticipation of,
or preparation for, compliance with the requirements of the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated in connection therewith and charges relating to compliance with the provisions of the Securities Act of 1933, as
amended, and the Securities Exchange Act of 1934, as amended (and, in each case, similar requirements of law under other jurisdictions) as applicable to companies with equity or debt securities held by the public, the rules of national securities
exchange companies with listed equity or debt securities, listing fees, directors’, officers’ or managers’ and other employees’ compensation, fees and expense reimbursement, charges relating to investor relations, shareholder
meetings and reports to shareholders or debtholders, directors’ and officers’ insurance and other executive costs and compensation, legal and other professional fees, and/or other costs or expenses associated with being a public
company. 
 “Qualified Proceeds” means assets that are used or useful in, or Capital Stock of any Person
engaged in, a Similar Business; provided that the fair market value of any such assets or Capital Stock shall be determined by the Company in good faith. 

“Qualifying IPO” means the issuance and sale by any direct or indirect parent company of its common Capital Stock in
an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement (whether alone or in connection with a secondary public offering) pursuant to
which net proceeds are received by any direct or indirect parent company and contributed to the Company or any Restricted Subsidiary. 

“Radford Assets” shall mean any real or intangible personal property located at the Company’s former foundry in
Radford, Virginia that was valued in the Radford Valuation Report.  
 “Radford Sale” shall mean any sale to
third parties after April 8, 2014 of the Radford Assets. 
 “Radford Valuation Report” shall mean that certain
report, dated December 5, 2012, provided by Stout Risius Ross to the Company or one of its subsidiaries with respect to Stout Risius Ross’s valuation of certain real and tangible personal property located at the Company’s former
foundry in Radford, Virginia.  
 “Rating Agencies” means Moody’s and S&P or if Moody’s or
S&P or both shall not make a rating on the Notes publicly available, a nationally recognized statistical rating agency or agencies, as the case may be, selected by the Company which shall be substituted for Moody’s or S&P or both, as
the case may be. 
 “Rating Category” means: 

(1) with respect to S&P, any of the following categories: AAA, AA, A, BBB, BB, B, CCC, CC, C and D (or equivalent successor categories);
and 
 (2) with respect to Moody’s, any of the following categories: Aaa, Aa, A, Baa, Ba, B, Caa, Ca, C and D (or equivalent successor
categories). 

  
 28 

 “Rating Decline” means a decrease in the rating of the notes by either
Moody’s or S&P by one or more gradations (including gradations within Rating Categories as well as between Rating Categories) on any date during the period commencing upon the first public notice of an arrangement that could result in a
Change of Control or the Company’s intention to effect a Change of Control and ending 90 days following public notice of the occurrence of the related transaction (which period shall be extended so long as the rating of the Notes is under
publicly announced consideration for possible downgrade by any of those Rating Agencies). In determining whether the rating of the notes has decreased by one or more gradations, gradations within Rating Categories, namely + or for S&P, and 1, 2,
and 3 for Moody’s, will be taken into account; for example, in the case of S&P, a rating decline either from BB+ to BB or BB to B+ will constitute a decrease of one gradation. 

“Receivables Facility” means one or more receivables financing facilities, as amended, supplemented, modified,
extended, renewed, restated or refunded from time to time, the Obligations of which are limited-recourse (except for Securitization Undertakings made in connection with such facilities) to the Company or any of its Restricted Subsidiaries (other
than a Receivables Subsidiary) pursuant to which the Company or any of its Restricted Subsidiaries sells its accounts receivable to either (a) a Person that is not a Restricted Subsidiary or (b) a Receivables Subsidiary that in turn sells
its accounts receivable to a Person that is not a Restricted Subsidiary, in each case, with the same or different arrangements, agents, lenders, borrowers or issuer and, in each case, as amended, restated, amended and restated, supplemented, waived,
renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified in whole or in part from time to time. 

“Receivables Fees” means distributions or payments made directly or by means of discounts with respect to any accounts
receivable or participation interest therein issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Facility. 

“Receivables Subsidiary” means any Subsidiary formed for the purpose of, and that engages only in one or more
Receivables Facilities and other activities reasonably related thereto. 
 “Refinancing” means the entry into
the Senior Credit Facilities, the offering of the Notes and the repayment of the existing senior secured credit facilities, collectively.  

“Registration Rights Agreement” means that certain registration rights agreement, to be dated the Issue Date, by and
among Deutsche Bank Securities Inc., Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as representatives of the Initial Purchasers, the Company and the Guarantors.  

“Related Business Assets” means assets (other than cash or Cash Equivalents) used or useful in a Similar Business,
provided that any assets received by the Company or a Restricted Subsidiary in exchange for assets transferred by the Company or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a
Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary. 

“Restricted Investment” means an Investment other than a Permitted Investment. 

“Restricted Subsidiary” means, at any time, any direct or indirect Subsidiary of the Company (including any Foreign
Subsidiary) that is not then an Unrestricted Subsidiary; provided, however, that upon the occurrence of an Unrestricted Subsidiary ceasing to be an Unrestricted Subsidiary, such Subsidiary shall be included in the definition of
“Restricted Subsidiary.” 
 “S&P” means Standard & Poor’s, a division of
The McGraw-Hill Companies, Inc., and any successor to its rating agency business. 
 “Sale and Lease-Back
Transaction” means any arrangement providing for the leasing by the Company or any of its Restricted Subsidiaries of any real or tangible personal property, which property has been or is to be sold or transferred by the Company or such
Restricted Subsidiary to a third Person in contemplation of such leasing. 
 “SEC” means the U.S. Securities and
Exchange Commission. 

  
 29 

 “Secured Indebtedness” means any Indebtedness of the Company or any of its
Restricted Subsidiaries secured by a Lien. 
 “Securities Act” means the Securities Act of 1933, as amended, and the
rules and regulations of the SEC promulgated thereunder. 
 “Securitization Undertakings” means
representations, warranties, covenants, repurchase obligations, indemnities and guarantees of performance entered into by the Company or any Subsidiary of the Company which the Company has determined in good faith to be required by a seller or
servicer (or parent of such seller or servicer) in a Receivables Facility. 
 “Senior Credit Facilities”
means (1) the credit agreement, dated as of the Issue Date, among the Company, the other borrowers and guarantors party thereto, the subsidiaries of the Company party thereto from time to time, the lenders party thereto from time to time in
their capacities as lenders thereunder and Goldman Sachs Bank USA, as administrative agent for the lenders including one or more debt facilities or other financing arrangements (including, without limitation, indentures) providing for term loans,
revolving loans or other long-term indebtedness that replace or refinance such credit facility, including any such replacement or refinancing facility or indenture that increases or decreases the amount permitted to be borrowed thereunder or alters
the maturity thereof and whether by the same or any other agent, lender or group of lenders, and any amendments, supplements, modifications, extensions, renewals, restatements, amendments and restatements or refundings thereof or any such indentures
or credit facilities that replace or refinance such credit facility and (2) whether or not the credit agreement referred to in clause (1) remains outstanding, if designated by the Company to be included in the definition of “Senior
Credit Facilities,” one or more (i) debt facilities or commercial paper facilities, providing for revolving credit loans, term loans, receivables financing (including through the sale of receivables to lenders or to special purpose
entities formed to borrower from lenders against such receivables) or letters of credit, (ii) debt securities, indentures or other forms of debt financing (including convertible or exchangeable debt instruments or bank guarantees or
bankers’ acceptances) or (iii) instruments or agreements evidencing any other Indebtedness, in each case, with the same or different arrangements, agents, lenders, borrowers or issuer and, in each case, as amended, restated, amended and
restated, supplemented, waived, renewed, refunded, replaced, restructured, repaid, refinanced or otherwise modified in whole or in part from time to time. 

“Significant Subsidiary” means any Restricted Subsidiary that would be a “significant subsidiary” as
defined in Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such regulation is in effect on the Issue Date. 

“Similar Business” means any business conducted or proposed to be conducted by the Company and its Restricted
Subsidiaries on the Issue Date or any business that is a reasonable extension, development or expansion of any of the foregoing or is similar, reasonably related, incidental or ancillary thereto. 

“Subordinated Indebtedness” means, with respect to the Notes, (1) any Indebtedness of the Company which is by its
terms subordinated in right of payment to the Notes, and (2) any Indebtedness of any Guarantor which is by its terms subordinated in right of payment to the Guarantee of such entity of the Notes. 

“Subsidiary” means, with respect to any Person, any corporation, partnership, limited liability company, association,
joint venture or other business entity of which more than 50% of the total voting power of stock or other ownership interests entitled (without regard to the occurrence of any contingency) to vote in the election of the Person or Persons (whether
directors, managers, trustees or other Persons performing similar functions) having the power to direct or cause the direction of the management and policies thereof is at the time owned or controlled, directly or indirectly, by such Person or one
or more of the other subsidiaries of such Person or a combination thereof; provided that in determining the percentage of ownership interests of any Person controlled by another Person, no ownership interests in the nature of a
“qualifying share” of the former Person shall be deemed to be outstanding. 
 “Subsidiary Guarantors”
means each Restricted Subsidiary that provides a Guarantee of the Notes. 

  
 30 

 “Transaction Expenses” means all fees and expenses, including any
prepayment penalties or premiums and fees of counsel, related to the Transactions. 
 “Transactions” means the
Combinations, the Refinancing and the Initial Public Offering, collectively. 
 “Treasury Rate” means, as of any
Redemption Date, the yield to maturity as of such Redemption Date of United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15 (519) that has become
publicly available at least two Business Days prior to the Redemption Date or, in the case of a satisfaction and discharge or defeasance, that has become publicly available as of two Business Days before the Company deposits funds required under
this Indenture with the Trustee (or, if such Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period from the Redemption Date to October 15, 2017; provided,
however, that if the period from the Redemption Date to October 15, 2017 is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year will be used.

 “Trust Indenture Act” means the Trust Indenture Act of 1939, as amended (15 U.S.C. §§ 77aaa-77bbbb). 

“Trust Officer” means when used with respect to the Trustee, any officer assigned to the Corporate Trust division (or
any successor division or unit) of the Trustee located at the Corporate Trust Office of the Trustee, who shall have direct responsibility for the administration of this Indenture, and for purposes of Section 7.01(c)(2) shall also include any
other officer of the Trustee to whom any corporate trust matter is referred because of such officer’s knowledge of and familiarity with the particular subject. 

“Trustee” means the party named as such in the Preamble of this Indenture until a successor replaces it and,
thereafter, means the successor. 
 “Unrestricted Subsidiary” means: 

(1) any Subsidiary of the Company which at the time of determination is an Unrestricted Subsidiary (as designated by the
Company, as provided below); and 
 (2) any Subsidiary of an Unrestricted Subsidiary. 

The Company may designate any Subsidiary of the Company (including any existing Subsidiary and any newly acquired or newly formed
Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary or any of its Subsidiaries owns any Equity Interests or Indebtedness of, or owns or holds any Lien on, any property of, the Company or any Subsidiary of the Company (other than
solely any Subsidiary of the Subsidiary to be so designated); provided that 
 (1) any Unrestricted Subsidiary
must be an entity of which the Equity Interests entitled to cast at least a majority of the votes that may be cast by all Equity Interests having ordinary voting power for the election of directors or Persons performing a similar function are owned,
directly or indirectly, by the Company; 
 (2) such designation complies with Section 4.04; and 

(3) each of: 

(a) the Subsidiary to be so designated; and 

(b) its Subsidiaries 

has not at the time of designation, and does not thereafter, create, incur, issue, assume, guarantee or otherwise become directly or indirectly
liable with respect to any Indebtedness pursuant to which the lender has recourse to any of the assets of the Company or any Restricted Subsidiary. 

  
 31 

 The Company may designate any Unrestricted Subsidiary to be a Restricted Subsidiary;
provided that, immediately after giving effect to such designation, no Default shall have occurred and be continuing and either: 

(1) the Company could incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test set
forth in Section 4.03(a); or 
 (2) the Fixed Charge Coverage Ratio for the Company and its Restricted Subsidiaries
would be equal to or greater than such ratio for the Company and its Restricted Subsidiaries immediately prior to such designation, in each case on a pro forma basis taking into account such designation. 

Any such designation by the Company shall be notified by the Company to the Trustee by promptly filing with the Trustee a copy of the
resolution of the board of directors of the Company or any committee thereof giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing provisions. 

“Voting Stock” of any Person as of any date means the Capital Stock of such Person that is at the time entitled to
vote in the election of the board of directors of such Person. 
 “Weighted Average Life to Maturity” means,
when applied to any Indebtedness, Disqualified Stock or Preferred Stock, as the case may be, at any date, the quotient obtained by dividing: 

(1) the sum of the products of the number of years from the date of determination to the date of each successive scheduled
principal payment of such Indebtedness or redemption or similar payment with respect to such Disqualified Stock or Preferred Stock multiplied by the amount of such payment; by 

(2) the sum of all such payments. 

“Wholly-Owned Subsidiary” of any Person means a Subsidiary of such Person, 100% of the outstanding Equity Interests of
which (other than directors’ qualifying shares and shares issued to foreign nationals as required under applicable law) shall at the time be owned by such Person or by one or more Wholly-Owned Subsidiaries of such Person or by such Person and
one or more Wholly-Owned Subsidiaries of such Person. 
 SECTION 1.02 Other Definitions. 

 

			
	 Term
	  	Defined
in Section
	“Acceptable Commitment”	  	4.06(b)
	“Affiliate Transaction”	  	4.07
	“Appendix”	  	2.01
	“Asset Sale Offer”	  	4.06(b)
	“Change of Control Offer”	  	4.08(a)
	“Change of Control Payment”	  	4.08(a)
	“Change of Control Payment Date”	  	4.08(b)
	“Clearstream”	  	Appendix A
	“covenant defeasance option”	  	8.01(c)
	“Covenant Suspension Event”	  	4.14(a)
	“Definitive Note”	  	Appendix A
	“Depository”	  	Appendix A
	“DTC”	  	1.05(h)
	“Euroclear”	  	Appendix A
	“Event of Default”	  	6.01
	“Excess Proceeds”	  	4.06(b)
	“Global Notes”	  	Appendix A
	“Global Notes Legend”	  	Appendix A

  
 32 

			
	 Term
	  	Defined
in Section
	“Guaranteed Obligations”	  	10.01(a)
	“IAI”	  	Appendix A
	“incorporated provision”	  	11.01
	“incur”	  	4.03(a)
	“Initial Purchasers”	  	Appendix A
	“legal defeasance option”	  	8.01(c)
	“Notes Custodian”	  	Appendix A
	“Original Notes”	  	Preamble
	“Pari Passu Indebtedness”	  	4.06(b)
	“protected purchaser”	  	2.08
	“Purchase Agreement”	  	Appendix A
	“QIB”	  	Appendix A
	“Refinancing Indebtedness”	  	4.03(b)(viii)
	“Refunding Capital Stock”	  	4.04(b)(ii)(A)
	“Registrar”	  	2.04(a)
	“Regulation S”	  	Appendix A
	“Regulation S Global Notes”	  	Appendix A
	“Regulation S Permanent Global Note”	  	Appendix A
	“Regulation S Temporary Global Note”	  	Appendix A
	“Regulation S Notes”	  	Appendix A
	“Restricted Period”	  	Appendix A
	“Restricted Notes Legend”	  	Appendix A
	“Reversion Date”	  	4.14(a)
	“Rule 144A”	  	Appendix A
	“Rule 144A Global Notes”	  	Appendix A
	“Rule 144A Notes”	  	Appendix A
	“Rule 501”	  	Appendix A
	“Successor Person”	  	5.01(c)
	“Successor Company”	  	5.01(a)
	“Suspended Covenants”	  	4.14(a)
	“Suspension Period”	  	4.14(a)
	“Transfer Restricted Notes”	  	Appendix A
	“Treasury Capital Stock”	  	4.04(b)
	“Unrestricted Definitive Note”	  	Appendix A
	“Unrestricted Global Note”	  	Appendix A

 SECTION 1.03 Incorporation by Reference of Trust Indenture Act. Whenever this Indenture expressly
refers to a provision of the Trust Indenture Act, the provision is incorporated by reference in and made part of this Indenture. The following Trust Indenture Act terms have the following meanings: 

“indenture securities” means the Notes and the Guarantees. 

“indenture to be qualified” means this Indenture. 

“indenture trustee” or “institutional trustee” means the Trustee. 

“Obligor” on the securities and the Guarantees means the Company and the Guarantors, respectively, and any successor
obligor upon the Notes and the Guarantees, respectively. 
 All other Trust Indenture Act terms used in this Indenture that are
defined by the Trust Indenture Act, defined by Trust Indenture Act reference to another statute or defined by SEC rule have the meanings assigned to them by such definitions. 

  
 33 

 SECTION 1.04 Rules of Construction. Unless the context otherwise requires: 

(a) a term has the meaning assigned to it; 

(b) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 

(c) “or” is not exclusive; 

(d) “including” means including without limitation; 

(e) words in the singular include the plural and words in the plural include the singular; 

(f) unsecured Indebtedness shall not be deemed to be subordinate or junior to Secured Indebtedness merely by virtue of its nature as unsecured
Indebtedness, and senior Indebtedness shall not be deemed to be subordinate or junior to any other senior Indebtedness merely by virtue of its junior priority with respect to the same collateral; 

(g) “$” and “U.S. Dollars” each refer to United States dollars, or such other money of the United States of America that
at the time of payment is legal tender for payment of public and private debts; 
 (h) “consolidated” means, with respect
to any Person, such Person consolidated with its Restricted Subsidiaries, and shall not include any Unrestricted Subsidiary, but the interest of such Person in an Unrestricted Subsidiary shall be accounted for as an Investment; 

(i) “will” shall be interpreted to express a command; 

(j) provisions apply to successive events and transactions; 

(k) unless the context otherwise requires, any reference to an “Appendix,” “Article,”
“Section,” “clause,” “Schedule” or “Exhibit” refers to an Appendix, Article, Section, clause, Schedule or Exhibit, as the case may be, of this Indenture; 

(l) the words “herein,” “hereof” and other words of similar import refer to this Indenture as a whole and
not any particular Article, Section, clause or other subdivision; 
 (m) references to sections of, or rules under the Securities Act, the
Exchange Act or the Trust Indenture Act shall be deemed to include substitute, replacement or successor sections or rules adopted by the SEC from time to time; and 

(n) unless otherwise provided, references to agreements and other instruments shall be deemed to include all amendments and other
modifications to such agreements or instruments, but only to the extent such amendments and other modifications are not prohibited by the terms of this Indenture. 

  
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 SECTION 1.05 Acts of Holders. 

(a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided by this Indenture to be given or taken by
Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by an agent duly appointed in writing. Except as herein otherwise expressly provided, such action shall become
effective when such instrument or instruments or record or both are delivered to the Trustee and, where it is hereby expressly required, to the Company. Proof of execution of any such instrument or of a writing appointing any such agent, or the
holding by any Person of a Note, shall be sufficient for any purpose of this Indenture and (subject to Section 7.01) conclusive in favor of the Trustee and the Company, if made in the manner provided in this Section 1.05. 

(b) The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such
execution or by the certificate of any notary public or other officer authorized by law to take acknowledgements of deeds, certifying that the individual signing such instrument or writing acknowledged to him the execution thereof. Where such
execution is by or on behalf of any legal entity other than an individual, such certificate or affidavit shall also constitute proof of the authority of the Person executing the same. The fact and date of the execution of any such instrument or
writing, or the authority of the Person executing the same, may also be proved in any other manner that the Trustee deems sufficient. 
 (c)
The ownership of Notes shall be proved by the Note Register. 
 (d) Any request, demand, authorization, direction, notice, consent, waiver
or other action by the Holder of any Note shall bind every future Holder of the same Note and the Holder of every Note issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof, in respect of any action taken,
suffered or omitted by the Trustee or the Company in reliance thereon, whether or not notation of such action is made upon such Note. 
 (e)
The Company may, at its option in the circumstances permitted by the Trust Indenture Act, set a record date for purposes of determining the identity of Holders entitled to give any request, demand, authorization, direction, notice, consent, waiver
or take any other act, or to vote or consent to any action by vote or consent authorized or permitted to be given or taken by Holders, but the Company shall have no obligation to do so. 

(f) Without limiting the foregoing, a Holder entitled to take any action hereunder with regard to any particular Note may do so with regard to
all or any part of the principal amount of such Note or by one or more duly appointed agents, each of which may do so pursuant to such appointment with regard to all or any part of such principal amount. Any notice given or action taken by a Holder
or its agents with regard to different parts of such principal amount pursuant to this Section 1.05(f) shall have the same effect as if given or taken by separate Holders of each such different part. 

(g) Without limiting the generality of the foregoing, a Holder, including the Depositary, may make, give or take, by a proxy or proxies duly
appointed in writing, any request, demand, authorization, direction, notice, consent, waiver or other action provided in this Indenture to be made, given or taken by Holders, and the Depositary may provide its proxy to the beneficial owners of
interests in any such Global Note through such Depositary’s standing instructions and customary practices. 
 (h) The Company may fix a
record date for the purpose of determining the Persons who are beneficial owners of interests in any Global Note held by The Depository Trust Company (“DTC”) entitled under the procedures of such Depositary to make, give or take, by
a proxy or proxies duly appointed in writing, any request, demand, authorization, direction, notice, consent, waiver or other action provided in this Indenture to be made, given or taken by Holders. If such a record date is fixed, the Holders on
such record date or their duly appointed proxy or proxies, and only such Persons, shall be entitled to make, give or take such request, demand, authorization, direction, notice, consent, waiver or other action, whether or not such Holders remain
Holders after such record date. 

  
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 ARTICLE 2 

THE NOTES 
 SECTION 2.01
Amount of Notes. The aggregate principal amount of Notes which may be authenticated and delivered under this Indenture on the Issue Date is $600,000,000. 

The Company may from time to time after the Issue Date issue Additional Notes under this Indenture in an unlimited principal amount, so
long as (i) the incurrence of the Indebtedness represented by such Additional Notes is at such time permitted by Section 4.03 and (ii) such Additional Notes are issued in compliance with the other applicable provisions of this
Indenture. With respect to any Additional Notes issued after the Issue Date (except for Notes authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Notes pursuant to Section 2.07, 2.08, 2.09,
2.10, 3.06, 3.08, 4.08(c) or Appendix A (the “Appendix”)), there shall be (a) established in or pursuant to a resolution of the board of directors of the Company and (b) (i) set forth or determined in the manner
provided in an Officer’s Certificate or (ii) established in one or more indentures supplemental hereto, prior to the issuance of such Additional Notes: 

(1) the aggregate principal amount of such Additional Notes to be authenticated and delivered under this Indenture; 

(2) the issue price and issuance date of such Additional Notes, including the date from which interest on such Additional Notes
shall accrue; and 
 (3) if applicable, that such Additional Notes shall be issuable in whole or in part in the form of one
or more Global Notes and, in such case, the respective depositaries for such Global Notes, the form of any legend or legends which shall be borne by such Global Notes in addition to or in lieu of those set forth in Exhibit A hereto and any
circumstances in addition to or in lieu of those set forth in Section 2.2 of the Appendix in which any such Global Note may be exchanged in whole or in part for Additional Notes registered, or any transfer of such Global Note in whole or in
part may be registered, in the name or names of Persons other than the Depositary for such Global Note or a nominee thereof. 
 If any of
the terms of any Additional Notes are established by action taken pursuant to a resolution of the board of directors of the Company, a copy of an appropriate record of such action shall be certified by the Secretary or any Assistant Secretary of the
Company and delivered to the Trustee at or prior to the delivery of the Officer’s Certificate or the indenture supplemental hereto setting forth the terms of the Additional Notes. 

The Notes, including any Additional Notes, shall be treated as a single class for all purposes under this Indenture, including, without
limitation, waivers, amendments, redemptions and offers to purchase. 
 SECTION 2.02 Form and Dating. Provisions relating to the
Notes are set forth in the Appendix, which is hereby incorporated into and expressly made a part of this Indenture. The (i) Original Notes and the Trustee’s certificate of authentication and (ii) any Additional Notes and the
Trustee’s certificate of authentication shall each be substantially in the form of Exhibit A hereto, which is hereby incorporated in and expressly made a part of this Indenture. The Notes may have notations, legends or endorsements
required by law, stock exchange rule, agreements to which the Company or any Guarantor is subject, if any, or usage (provided that any such notation, legend or endorsement is in a form acceptable to the Company). Each Note shall be dated the
date of its authentication. The Notes shall be issuable only in registered form without interest coupons and in denominations of $2,000 and any integral multiples of $1,000 in excess thereof. 

SECTION 2.03 Execution and Authentication. The Trustee shall authenticate and make available for delivery upon a written order of the
Company signed by one Officer (an “Authentication Order”) (a) Original Notes for original issue on the date hereof in an aggregate principal amount of $600,000,000 and (b) subject to the terms of this Indenture, Additional
Notes in an aggregate principal amount to be determined at the time of issuance and specified therein. Such Authentication Order shall specify the amount of the Notes to be authenticated and the date 

  
 36 

 
on which the original issue of Notes is to be authenticated. Notwithstanding anything to the contrary in this Indenture or the Appendix, any issuance of Additional Notes after the Issue Date
shall be in a principal amount of at least $2,000 and integral multiples of $1,000 in excess of $2,000. 
 One Officer shall sign the Notes
for the Company by manual or facsimile signature. 
 If an Officer whose signature is on a Note no longer holds that office at the time the
Trustee authenticates the Note, the Note shall be valid nevertheless. 
 A Note shall not be entitled to any benefit under this Indenture or
valid until an authorized signatory of the Trustee manually signs the certificate of authentication on the Note. The signature shall be conclusive evidence that the Note has been authenticated under this Indenture. 

The Trustee may appoint one or more authenticating agents reasonably acceptable to the Company to authenticate the Notes. Any such appointment
shall be evidenced by an instrument signed by a Trust Officer, a copy of which shall be furnished to the Company. Unless limited by the terms of such appointment, an authenticating agent may authenticate Notes whenever the Trustee may do so. Each
reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent has the same rights as any Registrar, Paying Agent or agent for service of notices and demands. 

SECTION 2.04 Registrar and Paying Agent. 

(a) The Company shall maintain (i) an office or agency where Notes may be presented for registration of transfer or for exchange
(the “Registrar”) and (ii) a Paying Agent. The Registrar shall keep a register of the Notes and of their transfer and exchange. The Company may have one or more co-registrars and one or more additional paying agents. The term
“Registrar” includes any co-registrars. The term “Paying Agent” includes the Paying Agent and any additional paying agents. The Company initially appoints the Trustee as Registrar, Paying Agent and the Notes
Custodian with respect to the Global Notes. The Company initially appoints DTC to act as Depositary with respect to the Global Notes. 

(b) The Company shall enter into an appropriate agency agreement with any Registrar or Paying Agent not a party to this Indenture, which shall
incorporate the terms of the Trust Indenture Act. The agreement shall implement the provisions of this Indenture that relate to such agent. The Company shall notify the Trustee in writing of the name and address of any such agent. If the Company
fails to maintain a Registrar or Paying Agent, the Trustee shall act as such and shall be entitled to appropriate compensation therefor pursuant to Section 7.07. The Company or any of its Subsidiaries may act as Paying Agent or Registrar. 

(c) The Company may remove any Registrar or Paying Agent upon written notice to such Registrar or Paying Agent and to the Trustee and
without prior notice to any Holder; provided, however, that no such removal shall become effective until (i) if applicable, acceptance of an appointment by a successor as evidenced by an appropriate agreement entered into by the
Company and such successor Registrar or Paying Agent, as the case may be, and delivered to the Trustee or (ii) notification to the Trustee that the Trustee shall serve as Registrar or Paying Agent until the appointment of a successor in
accordance with clause (i) above. The Registrar or Paying Agent may resign at any time upon written notice to the Company and the Trustee; provided, however, that the Trustee may resign as Paying Agent or Registrar only if the
Trustee also resigns as Trustee in accordance with Section 7.08. 
 SECTION 2.05 Paying Agent to Hold Money in Trust. One
Business Day prior to or on each due date of the principal of and interest on any Note, the Company shall deposit with a Paying Agent a sum sufficient to pay such principal and interest when so becoming due. The Company shall require each Paying
Agent (other than the Trustee) to agree in writing that a Paying Agent shall hold in trust for the benefit of Holders or the Trustee all money held by a Paying Agent for the payment of principal of and interest on the Notes, and shall notify the
Trustee in writing of any default by the Company in making any such payment. If the Company or a Wholly-Owned Subsidiary of the Company acts as Paying Agent, it shall segregate the money held by it as Paying Agent and hold it in trust for the
benefit of the Persons entitled thereto. The Company at any time may require a Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed by such Paying Agent. Upon complying with this Section, a Paying Agent
shall have no further liability for the money delivered to the Trustee. Upon any bankruptcy or reorganization proceedings relating to the Company, the Trustee shall serve as Paying Agent for the Notes. 

  
 37 

 SECTION 2.06 Holder Lists. The Registrar shall preserve in as current a form as is
reasonably practicable the most recent list available to it of the names and addresses of Holders. If the Trustee is not the Registrar, the Company shall furnish, or cause the Registrar to furnish, to the Trustee, in writing at least five Business
Days before each interest payment record date and at such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably require of the names and addresses of Holders. 

SECTION 2.07 Transfer and Exchange. The Notes shall be issued in registered form and shall be transferable only upon the surrender of a
Note for registration of transfer and in compliance with the Appendix. When a Note is presented to the Registrar with a request to register a transfer, the Registrar shall register the transfer as requested if its requirements therefor of this
Indenture are met. When Notes are presented to the Registrar with a request to exchange them for an equal principal amount of Notes of other denominations, the Registrar shall make the exchange as requested if the same requirements are met. To
permit registration of transfers and exchanges, the Company shall execute and the Trustee shall authenticate Notes at the Registrar’s request. The Company may require payment of a sum sufficient to pay all taxes, assessments or other
governmental charges in connection with any transfer or exchange pursuant to this Section. The Company shall not be required to make, and the Registrar need not register, transfers or exchanges of any Notes (i) selected for redemption (except,
in the case of Notes to be redeemed in part, the portion thereof not to be redeemed) (ii) for a period of 15 days before the mailing of a notice of redemption of Notes to be redeemed or (iii) between a regular record date and the next
succeeding interest payment date. 
 Prior to the due presentation for registration of transfer of any Note, the Company, the Guarantors,
the Trustee, the Paying Agent and the Registrar may deem and treat the Person in whose name a Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of and interest on such Note and for all other
purposes whatsoever, whether or not such Note is overdue, and none of the Company, any Guarantor, the Trustee, the Paying Agent or the Registrar shall be affected by notice to the contrary. 

Any Holder of a beneficial interest in a Global Note shall, by acceptance of such beneficial interest, agree that transfers of beneficial
interests in such Global Note may be effected only through a book-entry system maintained by (a) the Holder of such Global Note (or its agent) or (b) any Holder of a beneficial interest in such Global Note, and that ownership of a
beneficial interest in such Global Note shall be required to be reflected in a book entry. 
 All Notes issued upon any transfer or exchange
pursuant to the terms of this Indenture shall evidence the same debt and shall be entitled to the same benefits under this Indenture as the Notes surrendered upon such transfer or exchange. 

SECTION 2.08 Replacement Notes. If a mutilated Note is surrendered to the Registrar or if the Holder of a Note claims that the Note has
been lost, destroyed or wrongfully taken, the Company shall issue and the Trustee shall authenticate a replacement Note if the requirements of Section 8-405 of the New York UCC are met, such that the Holder (a) satisfies the Company or the
Trustee within a reasonable time after such Holder has notice of such loss, destruction or wrongful taking and the Registrar does not register a transfer prior to receiving such notification, (b) makes such request to the Company or the Trustee
prior to the Note being acquired by a protected purchaser as defined in Section 8-303 of the New York UCC (a “protected purchaser”) and (c) satisfies any other reasonable requirements of the Trustee. Such Holder shall
furnish an indemnity bond sufficient in the judgment of (i) the Trustee to protect the Trustee or (ii) the Company to protect the Company, the Trustee, a Paying Agent and the Registrar from any loss that any of them may suffer if a Note is
replaced. The Company and the Trustee may charge the Holder for their expenses in replacing a Note (including without limitation, attorneys’ fees and disbursements in replacing such Note). In the event any such mutilated, lost, destroyed or
wrongfully taken Note has become or is about to become due and payable, the Company in its discretion may pay such Note instead of issuing a new Note in replacement thereof. 

Every replacement Note is an additional obligation of the Company. 

  
 38 

 The provisions of this Section 2.08 are exclusive and shall preclude (to the extent lawful)
all other rights and remedies with respect to the replacement or payment of mutilated, lost, destroyed or wrongfully taken Notes. 
 SECTION
2.09 Outstanding Notes. Notes outstanding at any time are all Notes authenticated by the Trustee except for those cancelled by it, those delivered to it for cancellation, those paid pursuant to Section 2.08 and those described in this
Section as not outstanding. Subject to Section 11.06, a Note does not cease to be outstanding because the Company or an Affiliate of the Company holds the Note. 

If a Note is replaced pursuant to Section 2.08, it ceases to be outstanding unless the Trustee and the Company receive proof satisfactory
to them that the replaced Note is held by a protected purchaser. 
 If a Paying Agent segregates and holds in trust, in accordance with this
Indenture, on a redemption date or maturity date or any date of purchase pursuant to an offer to purchase money sufficient to pay all principal and interest payable on that date with respect to the Notes (or portions thereof) to be redeemed,
maturing or purchased, as the case may be, and no Paying Agent is prohibited from paying such money to the Holders on that date pursuant to the terms of this Indenture, then on and after that date such Notes (or portions thereof) cease to be
outstanding and interest on them ceases to accrue. 
 SECTION 2.10 Temporary Notes. In the event that Definitive Notes are to be
issued under the terms of this Indenture, until such Definitive Notes are ready for delivery, the Company may prepare and the Trustee shall authenticate temporary Notes. Temporary Notes shall be substantially in the form of Definitive Notes but may
have variations that the Company considers appropriate for temporary Notes. Without unreasonable delay, the Company shall prepare and the Trustee shall authenticate Definitive Notes and make them available for delivery in exchange for temporary
Notes upon surrender of such temporary Notes at the office or agency of the Company, without charge to the Holder. Until such exchange, temporary Notes shall be entitled to the same rights, benefits and privileges as Definitive Notes. 

SECTION 2.11 Cancellation. The Company at any time may deliver Notes to the Trustee for cancellation. The Registrar and each Paying
Agent shall forward to the Trustee any Notes surrendered to them for registration of transfer, exchange or payment. The Trustee, or at the direction of the Trustee, the Registrar or the Paying Agent and no one else shall cancel all Notes surrendered
for registration of transfer, exchange, payment or cancellation and shall dispose of cancelled Notes in accordance with its customary procedures (subject to the record retention requirement of the Exchange Act and the Trustee). The Company may not
issue new Notes to replace Notes it has redeemed, paid or delivered to the Trustee for cancellation. The Trustee shall not authenticate Notes in place of cancelled Notes other than pursuant to the terms of this Indenture. 

SECTION 2.12 Defaulted Interest. If the Company defaults in a payment of interest on the Notes, the Company shall pay the defaulted
interest then borne by the Notes (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Company may pay the defaulted interest to the Persons who are Holders on a subsequent special record date. The Company shall
fix or cause to be fixed any such special record date and payment and shall promptly send or cause to be sent to each affected Holder and the Trustee a notice that states the special record date, the payment date and the amount of defaulted interest
to be paid. 
 SECTION 2.13 CUSIP Numbers, ISINs, etc. The Company in issuing the Notes may use CUSIP numbers, ISINs and “Common
Code” numbers (if then generally in use) and, if so, the Trustee shall use CUSIP numbers, ISINs and “Common Code” numbers in notices of redemption as a convenience to Holders; provided, however, that any such notice may
state that no representation is made as to the correctness of such numbers, either as printed on the Notes or as contained in any notice of a redemption that reliance may be placed only on the other identification numbers printed on the Notes and
that any such redemption shall not be affected by any defect in or omission of such numbers. The Company shall promptly advise the Trustee in writing of any change in the CUSIP numbers, ISINs and “Common Code” numbers. 

SECTION 2.14 Calculation of Principal Amount of Notes. The aggregate principal amount of the Notes, at any date of determination, shall
be the principal amount of the Notes outstanding at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the Holders of a specified percentage of the principal amount of all the Notes, such
percentage shall be calculated, on the relevant date of 

  
 39 

 
determination, by dividing (a) the principal amount, as of such date of determination, of Notes, the Holders of which have so consented, by (b) the aggregate principal amount, as of
such date of determination, of the Notes then outstanding, in each case, as determined in accordance with the preceding sentence, Section 2.09 and Section 11.06 of this Indenture. Any such calculation made pursuant to this
Section 2.14 shall be made by the Company and delivered to the Trustee pursuant to an Officer’s Certificate. 
 ARTICLE 3

 REDEMPTION 

SECTION 3.01 Redemption. The Notes may be redeemed, in whole, or from time to time in part, subject to the conditions and at the
redemption prices set forth in Paragraph 5 of the form of Notes set forth in Exhibit A hereto, which are hereby incorporated by reference and made a part of this Indenture, together with accrued and unpaid interest to, but excluding, the redemption
date. 
 SECTION 3.02 Applicability of Article. Redemption of Notes at the election of the Company or otherwise, as permitted or
required by any provision of this Indenture, shall be made in accordance with such provision and this Article. 
 SECTION 3.03 Notices to
Trustee. If the Company elects to redeem Notes pursuant to the optional redemption provisions of Paragraph 5 of the Note, it shall notify the Trustee in writing of (i) the paragraph or subparagraph of such Note and the Section of this
Indenture pursuant to which the redemption shall occur, (ii) the redemption date, (iii) the principal amount of Notes to be redeemed and (iv) the redemption price. The Company shall give notice to the Trustee provided for in this
Section 3.03 at least 30 days but not more than 60 days before a redemption date if the redemption is pursuant to Paragraph 5 of the Note, unless a shorter period is acceptable to the Trustee, provided, notice may be given more than 60
days prior to a redemption date if the notice is issued in connection with Section 8.01. Such notice shall be accompanied by an Officer’s Certificate from the Company to the effect that such redemption will comply with the conditions
herein. Any such notice may be cancelled at any time by written notice to the Trustee prior to notice of such redemption being sent to any Holder and shall thereby be void and of no effect. 

SECTION 3.04 Selection of Notes to Be Redeemed. In the case of any partial redemption, selection of the Notes for redemption will be
made in accordance with the procedures of DTC or, if the Notes are not then on deposit with DTC, the Trustee will select the Notes to be redeemed by lot or by such other method as the Trustee shall deem fair and appropriate; provided that no
Notes of $2,000 or less shall be redeemed in part. The Trustee shall make the selection from outstanding Notes not previously called for redemption. The Trustee may select for redemption portions of the principal of Notes that have denominations
larger than $2,000. Notes and portions of them that the Trustee selects shall be in principal amounts of $2,000 or any integral multiple of $1,000 in excess thereof. Provisions of this Indenture that apply to Notes called for redemption also apply
to portions of Notes called for redemption. The Trustee shall notify the Company as soon as practicable of the Notes or portions of Notes to be redeemed. 

After the redemption date, upon surrender of the Note to be redeemed in part only, a new Note or Notes in principal amount equal to the
unredeemed portion of the original Note representing the same Indebtedness to the extent not redeemed shall be issued in the name of the Holder of the Notes upon cancellation of the original Note (or appropriate book entries shall be made to reflect
such partial redemption). Notes called for redemption become due on the date fixed for redemption. On and after the redemption date, interest ceases to accrue on the Notes or portions thereof called for redemption, unless the Company defaults in the
delivery of the redemption amount. 
 SECTION 3.05 Notice of Optional Redemption. 

(a) At least 30 days but not more than 60 days prior to a redemption date pursuant to the optional redemption provisions of Paragraph 5 of the
Note, the Company shall mail or cause to be mailed by first-class mail (or otherwise delivered in accordance with the procedures of DTC) a notice of redemption to each Holder whose Notes are to be redeemed at such Holder’s registered address
(except that such notice of redemption may be mailed (or otherwise delivered in accordance with the procedures of DTC) more than 60 days prior to a redemption date if the notice is issued in connection with Section 8.01). 

  
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 Any such notice shall identify the Notes to be redeemed and shall state: 

(i) the redemption date; 

(ii) the redemption price and the amount of accrued and unpaid interest to the redemption date; provided that in
connection with a redemption under the second subparagraph of Paragraph 5 of the Note, the initial notice need not set forth the redemption price but only the manner of calculation thereof; 

(iii) the paragraph or subparagraph of the Notes and/or Section of this Indenture pursuant to which the Notes called for
redemption are being redeemed; 
 (iv) the name and address of the Paying Agent; 

(v) that Notes called for redemption must be surrendered to the Paying Agent to collect the redemption price, plus accrued
interest; 
 (vi) if fewer than all the outstanding Notes are to be redeemed, the certificate numbers and principal amounts
of the particular Notes to be redeemed, the aggregate principal amount of Notes to be redeemed and the aggregate principal amount of Notes to be outstanding after such partial redemption; 

(vii) that, unless the Company defaults in making such redemption payment or the Paying Agent is prohibited from making such
payment pursuant to the terms of this Indenture, interest on Notes (or portion thereof) called for redemption ceases to accrue on and after the redemption date; 

(viii) the CUSIP number, ISIN and/or “Common Code” number, if any, printed on the Notes being redeemed; and 

(ix) that no representation is made as to the correctness or accuracy of the CUSIP number or ISIN and/or “Common
Code” number, if any, listed in such notice or printed on the Notes. 
 (b) At the Company’s written request, the Trustee shall
give the notice of redemption in the Company’s name and at the Company’s expense. In such event, the Company shall provide the Trustee with the information required by this Section at least 15 days (or such shorter period as shall be
acceptable to the Trustee) prior to the date such notice is to be provided to Holders. 
 SECTION 3.06 Effect of Notice of
Redemption. Once notice of redemption is mailed or sent in accordance with Section 3.05, Notes called for redemption become due and payable on the redemption date and at the redemption price stated in the notice, except as provided in
Paragraph 5(c) under the “Optional Redemption” provisions of the Note. Upon surrender to the Paying Agent, such Notes shall be paid at the redemption price stated in the notice, plus accrued interest, to, but not including, the
redemption date; provided, however, that if the redemption date is after a regular record date and on or prior to the interest payment date, the accrued interest shall be payable to the Holder of the redeemed Notes registered on the
relevant record date. The notice, if mailed in a manner herein provided, shall be conclusively presumed to have been given, whether or not the Holder receives such notice. Failure to give notice or any defect in the notice to any Holder shall not
affect the validity of the notice to any other Holder. 
 SECTION 3.07 Deposit of Redemption Price. With respect to any Notes, one
Business Day prior to the redemption date, the Company shall deposit with the Paying Agent (or, if the Company or a Wholly-Owned Subsidiary is the Paying Agent, shall segregate and hold in trust) money sufficient to pay the redemption price of and
accrued interest on all Notes or portions thereof to be redeemed on that date other than Notes or portions of Notes called for redemption that have been delivered by the Company to the Trustee for cancellation. On and after the redemption date,
interest shall cease to accrue on Notes or portions thereof called for redemption so long as the 

  
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Company has deposited with the Paying Agent funds sufficient to pay the principal of, plus accrued and unpaid interest on, the Notes to be redeemed, unless the Paying Agent is prohibited from
making such payment pursuant to the terms of this Indenture or applicable law. 
 SECTION 3.08 Notes Redeemed in Part. Upon surrender
of a Note that is redeemed in part, the Company shall execute and the Trustee shall authenticate for the Holder (at the Company’s expense) a new Note equal in principal amount to the unredeemed portion of the Note surrendered; provided
that each new Note shall be in a principal amount of $2,000 or an integral multiple of $1,000 in excess thereof. 
 ARTICLE 4 

COVENANTS 
 SECTION 4.01
Payment of Notes. The Company shall promptly pay the principal of and interest on the Notes on the dates and in the manner provided in the Notes and in this Indenture. An installment of principal or interest shall be considered paid on the
date due if on such date the Trustee or the Paying Agent holds as of 11:00 a.m., New York City time, money sufficient to pay all principal and interest then due and the Trustee or the Paying Agent, as the case may be, is not prohibited from paying
such money to the Holders on that date pursuant to the terms of this Indenture. 
 The Company shall pay interest on overdue principal at
the rate specified therefor in the Notes, and it shall pay interest on overdue installments of interest at the same rate borne by the Notes to the extent lawful. 

SECTION 4.02 Reports and Other Information. 

(a) Whether or not the Company or Holdings is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act, so
long as any Notes are outstanding, the Company shall furnish to the Trustee: (i)(x) all annual and quarterly financial statements that would be required to be contained in a filing with the SEC on Forms 10-K and 10-Q of Holdings, if Holdings were
required to file such forms, plus a “Management’s Discussion and Analysis of Financial Condition and Results of Operations”; (y) a presentation of earnings before interest, taxes, depreciation and amortization of Holdings
and its subsidiaries (all of the foregoing financial information to be prepared on a basis substantially consistent with the corresponding financial information included in the Offering Memorandum; and (z) with respect to the annual financial
statements only, a report on the annual financial statements by Holdings’ independent registered public accounting firm; it being understood that for so long as neither the Company nor Holdings is subject to the reporting requirements of
Section 13 or 15(d) of the Exchange Act, Holdings shall not be required to include, except as otherwise provided in this Section 4.02(a), any other adjustment that would be required by any SEC rule, regulation or interpretation, including
but not limited to any “push down” accounting adjustment; and (ii) the information that would be required to be contained in filings with the SEC on Form 8-K under Items 1.01, 1.02, 1.03, 2.01, 2.05, 2.06, 4.01, 4.02, 5.01 and
5.02(b), 5.02(c) and 5.02(d) (other than with respect to information required or contemplated by Item 402 of Regulation S-K) if Holdings were required to file such reports; provided, however, that no such current report will be required
to be furnished if the Company determines in its good faith judgment that such event is not material to Holders or the business, assets, operations, financial position or prospects of the Company and its Subsidiaries, taken as a whole;
provided, further, that no such current report will be required to include a summary of the terms of any employment or compensatory arrangement agreement, plan or understanding between Holdings (or any of its Subsidiaries) and any
director or officer. 
 (b) For so long as neither the Company nor Holdings is subject to the reporting requirements of
Section 13 or 15(d) of the Exchange Act, all such annual reports shall be furnished within 120 days after the end of the fiscal year to which they relate, all such quarterly reports shall be furnished within 60 days after the end of the
fiscal quarter to which they relate, and all such current reports shall be furnished within 10 Business Days from the time of the occurrence of any event to be reported; provided that in the event that the Company or Holdings becomes subject
to the reporting requirements of Section 13 or 15(d) of the Exchange Act, all such annual reports shall be furnished within 90 days after the end of the fiscal year to which they relate, all such quarterly reports shall be furnished within 45
days after the end of the fiscal quarter to which they relate, and all such current reports shall be furnished within the time periods specified for filing current reports on Form 8-K by the SEC. The Company shall notify the Trustee in
writing if the Company and Holdings are subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act. 

  
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 (c) Notwithstanding the foregoing, (a) Holdings will not be required to furnish any
information, certificates or reports required by (i) Section 302, Section 404 or Section 906 of the Sarbanes-Oxley Act of 2002, or related Items 307 or 308 of Regulation S-K, (ii) Regulation G or Item 10(e) of
Regulation S-K promulgated by the SEC with respect to any non-generally accepted accounting principles financial measures contained therein or (iii) Rule 3-05, 3-09 and 3-10 of Regulation S-X; provided that, such reports shall not be required
to present compensation or beneficial ownership information and (b) such reports shall not be required to include any exhibits that would have been required to be filed pursuant to Item 601 of Regulation S-K (except this clause
(b) shall not apply to any annual, quarterly or pro forma financial statements otherwise expressly required to be provided under Section 4.02). 

(d) The Company shall (x) deliver such information and such reports to any Holder of the Notes and, upon request, to any
beneficial owner of the Notes, in each case by posting such information on Intralinks or any comparable password-protected online data system which will require a confidentiality acknowledgment, and will make such information readily available to
any prospective investor in the Notes that certifies that it is an eligible purchaser of the Notes, any securities analyst (to the extent providing analysis of investment in the Notes) or any market maker in the Notes, in each case (i) who
agrees to treat such information as confidential or (ii) accesses such information on Intralinks or any comparable password protected online data system which will require a confidentiality acknowledgment; provided that the Company shall
post such information thereon and make readily available any password or other login information to any such prospective investor in the Notes, any such securities analyst (to the extent providing analysis of investment in the Notes) or any such
market maker in the Notes. The Company will hold a quarterly conference call for all Holders and securities analysts (to the extent providing analysis of investment in the Notes) to discuss such financial information within ten (10) Business
Days after distribution of such financial information or otherwise provide substantially comparable availability of such reports (as determined by the Company in good faith) (it being understood that, without limitation, making such reports
available on Bloomberg or another private electronic information service shall constitute substantially comparable availability); it being understood that any customary quarterly earnings calls with public equity holders shall be deemed to
constitute such quarterly conference call for all Holders and securities analysts (to the extent providing analysis of investment in the Notes). 

(e) To the extent not satisfied by the foregoing, the Company will also furnish to Holders, securities analysts (to the extent providing
analysis of investment in the Notes) and prospective investors in the Notes upon request the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act, so long as the Notes are not freely transferable under the
Securities Act. 
 (f) If the Company has designated any of its Subsidiaries as an Unrestricted Subsidiary and if any such Unrestricted
Subsidiary or group of Unrestricted Subsidiaries, if taken together as one Subsidiary, would constitute a Significant Subsidiary of the Company, then the annual and quarterly information required by clause (i) of Section 4.02(a) shall
include a reasonably detailed presentation, either on the face of the financial statements or in the footnotes thereto, of the financial condition and results of operations of Holdings, the Company and its Restricted Subsidiaries separate from the
financial condition and results of operations of such Unrestricted Subsidiaries. 
 (g) Notwithstanding the foregoing, the financial
statements, information and other documents required to be provided as described above, may be those of (i) Holdings or (ii) any direct or indirect parent of Holdings; provided that, if the financial information so furnished relates
to such direct or indirect parent of Holdings, the same is accompanied by consolidating information that summarizes in reasonable detail the differences between the information relating to such parent, on the one hand, and the information relating
to Holdings on a standalone basis, on the other hand. 
 (h) The Company will be deemed to have furnished the reports referred to in
Section 4.02(a) if the Company, Holdings or any direct or indirect parent of Holdings has filed reports containing such information with the SEC. 

  
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 (i) Delivery of such reports, information and documents to the Trustee is for informational
purposes only and the Trustee’s receipt of such shall not constitute actual or constructive knowledge or notice of any information contained therein or determinable from information contained therein, including the Company’s compliance
with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates with respect thereto). 

SECTION 4.03 Limitation on Incurrence of Indebtedness and Issuance of Disqualified Stock and Preferred Stock. 

(a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue,
assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise (collectively, “incur” and collectively, an “incurrence”) with respect to any Indebtedness (including Acquired
Indebtedness) and the Company shall not issue any shares of Disqualified Stock and shall not permit any Restricted Subsidiary to issue any shares of Disqualified Stock or Preferred Stock; provided, however, that the Company may incur
Indebtedness (including Acquired Indebtedness) or issue shares of Disqualified Stock, and any of its Restricted Subsidiaries may incur Indebtedness (including Acquired Indebtedness), issue shares of Disqualified Stock and issue shares of Preferred
Stock, if the Fixed Charge Coverage Ratio for the Company and its Restricted Subsidiaries’ most recently ended four fiscal quarters for which internal financial statements are available immediately preceding the date on which such additional
Indebtedness is incurred or such Disqualified Stock or Preferred Stock is issued would have been at least 2.00 to 1.00, determined on a pro forma basis (including a pro forma application of the net proceeds therefrom), as if the
additional Indebtedness had been incurred, or the Disqualified Stock or Preferred Stock had been issued, as the case may be, and the application of the proceeds therefrom had occurred at the beginning of such four-quarter period; provided further
that the aggregate amount of Indebtedness (including Acquired Indebtedness) that may be incurred and, Disqualified Stock or Preferred Stock that may be issued pursuant to the foregoing by non-Guarantor Subsidiaries shall not exceed the greater
of (x) $75.0 million and (y) 2.5% of Consolidated Total Assets, at any one time outstanding, on a pro forma basis (including pro forma application of the proceeds therefrom). 

(b) Section 4.03(a) shall not apply to: 

(i) Indebtedness incurred pursuant to the Credit Facilities (and the issuance and creation of letters of credit and
bankers’ acceptances thereunder (with letters of credit and bankers’ acceptances being deemed to have a principal amount equal to the face amount thereof)) by the Company or any Restricted Subsidiary; provided that immediately after
giving effect to any such incurrence, the aggregate principal amount of all Indebtedness incurred under this clause (i) and then outstanding does not exceed $2,150.0 million; 

(ii) the incurrence by the Company and any Guarantor of Indebtedness represented by the Notes (including any Guarantee) (other
than any Additional Notes) and any exchange notes and the related Guarantees to be issued pursuant to the Registration Rights Agreement; 

(iii) Indebtedness of the Company and its Restricted Subsidiaries in existence, or pursuant to commitments existing, on the
Issue Date (other than Indebtedness described in clauses (i) and (ii) of this Section 4.03(b)); 
 (iv) (x)
Indebtedness (including Capitalized Lease Obligations) incurred or Disqualified Stock issued by the Company or any Restricted Subsidiary and Preferred Stock issued by any Restricted Subsidiary, to finance the purchase, lease, replacement or
improvement of property (real or personal) or equipment, whether through the direct purchase of assets or the Capital Stock of any Person owning such assets and (y) any Indebtedness incurred or Disqualified Stock or Preferred Stock issued to
refund, refinance or replace any other Indebtedness incurred or Disqualified Stock or Preferred Stock issued pursuant to this clause (iv); provided that the aggregate amount of Indebtedness incurred and Disqualified Stock and Preferred Stock
issued pursuant to clauses (x) and (y) of this clause (iv) does not exceed the greater of (A) $90.0 million and (B) 3.0% of Consolidated Total Assets at any one time outstanding; 

  
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 (v) Indebtedness incurred by the Company or any of its Restricted Subsidiaries
constituting reimbursement obligations with respect to letters of credit, bank guarantees or similar instruments supporting trade payables, bankers acceptances, warehouse receipts or similar facilities issued in the ordinary course of business,
including, without limitation, letters of credit in respect of workers’ compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance, unemployment insurance (including
premiums related thereto) or other types of social security, pension obligations, vacation pay, health, disability or other employee benefits; 

(vi) Indebtedness arising from agreements of the Company or its Restricted Subsidiaries providing for indemnification,
adjustment of purchase price, earnouts or similar obligations, in each case, incurred or assumed in connection with an acquisition or disposition of any business, assets or a Subsidiary in accordance with the terms of this Indenture, other than
guarantees of Indebtedness incurred by any Person acquiring all or any portion of such business, assets or Subsidiary for the purpose of financing such acquisition and Indebtedness arising from guaranties, letters of credit, bank guaranties, surety
bonds, performance bonds or similar instruments securing the performance of the Company or any Restricted Subsidiary pursuant to any such agreement; 

(vii) Indebtedness of the Company to a Restricted Subsidiary; provided that any such Indebtedness owing to a Restricted
Subsidiary that is not a Guarantor is expressly subordinated in right of payment to the Notes; provided further that any subsequent issuance or transfer of any Capital Stock or any other event which results in any Restricted Subsidiary
ceasing to be a Restricted Subsidiary or any other subsequent transfer of any such Indebtedness (except to the Company or another Restricted Subsidiary or any pledge of such Indebtedness constituting a Permitted Lien) shall be deemed, in each case,
to be an incurrence of such Indebtedness not permitted by this clause (vii); 
 (viii) Indebtedness of a Restricted
Subsidiary to the Company or another Restricted Subsidiary; provided that if a Guarantor incurs such Indebtedness to a Restricted Subsidiary that is not a Guarantor, such Indebtedness is expressly subordinated in right of payment to the
Guarantee of the Notes of such Guarantor; provided further that any subsequent issuance or transfer of any Capital Stock or any other event which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any
subsequent transfer of any such Indebtedness (except to the Company or another Restricted Subsidiary or any pledge of such Indebtedness constituting a Permitted Lien) shall be deemed, in each case, to be an incurrence of such Indebtedness not
permitted by this clause (viii); 
 (ix) shares of Preferred Stock of a Restricted Subsidiary issued to the Company or
another Restricted Subsidiary, provided that any subsequent issuance or transfer of any Capital Stock or any other event which results in any such Restricted Subsidiary ceasing to be a Restricted Subsidiary or any other subsequent transfer of
any such shares of Preferred Stock (except to the Company or another of its Restricted Subsidiaries) shall be deemed in each case to be an issuance of such shares of Preferred Stock not permitted by this clause (ix); 

(x) (A) Hedging Obligations (excluding Hedging Obligations entered into for speculative purposes) for the purpose of limiting
interest rate risk, exchange rate risk or commodity pricing risk; and (B) Indebtedness in respect of any Bank Products or Cash Management Services provided by any lender party to any Senior Credit Facilities or any affiliate of such lender (or
any Person that was a lender or an affiliate of a lender at the time the applicable agreement pursuant to which such Bank Products or Cash Management Services are provided was entered into) in the ordinary course of business; 

(xi) obligations (including reimbursement obligations with respect to guaranties, letters of credit, bank guarantees or other
similar instruments) in respect of tenders, statutory obligations, leases, governmental contracts, trade contracts, stay, performance, bid, customs, appeal and surety bonds and performance and/or return of money bonds and completion guarantees or
other obligations of a like nature provided by the Company or any of its Restricted Subsidiaries in the ordinary course of business or consistent with past practice or industry practices; 

  
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 (xii) (a) Indebtedness or Disqualified Stock of the Company and Indebtedness,
Disqualified Stock or Preferred Stock of any Restricted Subsidiary equal to 100.0% of the net cash proceeds received by the Company since immediately after the Issue Date from the issue or sale of Equity Interests of the Company or cash contributed
to the capital of the Company (in each case, other than proceeds of Disqualified Stock or sales of Equity Interests to the Company or any of its Subsidiaries) as determined in accordance with Sections 4.04(a)(3)(B) and (C) to the extent
such net cash proceeds or cash have not been applied pursuant to such clauses to make Restricted Payments or to make other Investments, payments or exchanges pursuant to Section 4.04(b) or to make Permitted Investments (other than Permitted
Investments specified in clauses (i) and (iii) of the definition thereof) and (b) Indebtedness or Disqualified Stock of the Company and Indebtedness, Disqualified Stock or Preferred Stock of any Restricted Subsidiary not otherwise
permitted hereunder in an aggregate principal amount or liquidation preference, which when aggregated with the principal amount and liquidation preference of all other Indebtedness, Disqualified Stock and Preferred Stock then outstanding and
incurred or issued, as applicable, pursuant to this clause (xii)(b), does not at any one time outstanding exceed the greater of (x) $125.0 million and (y) 4.0% of Consolidated Total Assets (it being understood that any Indebtedness
incurred or Disqualified Stock or Preferred Stock issued pursuant to this clause (xii) shall cease to be deemed incurred, issued or outstanding for purposes of this clause (xii) but shall be deemed incurred or issued for the purposes of
Section 4.03(a) from and after the first date on which the Company or such Restricted Subsidiary could have incurred such Indebtedness or issued such Disqualified Stock or Preferred Stock under Section 4.03(a) without reliance on this
clause (xii)); 
 (xiii) the incurrence by the Company or any Restricted Subsidiary of Indebtedness or issuance of
Disqualified Stock or the issuance by any Restricted Subsidiary of Preferred Stock which serves to extend, replace, refund, refinance, renew or defease any Indebtedness incurred (including any existing commitments unutilized thereunder) or
Disqualified Stock or Preferred Stock issued as permitted under Section 4.03(a) and clauses (ii), (iii) and (xii)(a) above, this clause (xiii) and clause (xiv) below of this Section 4.03(b) or any Indebtedness incurred or
Disqualified Stock or Preferred Stock issued to so extend, replace, refund, refinance or renew such Indebtedness, Disqualified Stock or Preferred Stock including additional Indebtedness incurred or Disqualified Stock or Preferred Stock issued to pay
accrued interest and dividends, premiums (including tender premiums), defeasance costs and fees and expenses (including original issue discount, upfront fees or similar fees) in connection therewith (the “Refinancing Indebtedness”)
prior to its respective maturity; provided, however, that such Refinancing Indebtedness: 
 (1) has a Weighted
Average Life to Maturity at the time such Refinancing Indebtedness is incurred or issued which is not less than the remaining Weighted Average Life to Maturity of the Indebtedness, Disqualified Stock or Preferred Stock being extended, replaced,
refunded, refinanced, renewed or defeased (except by virtue of prepayment of such Indebtedness); 
 (2) to the extent such
Refinancing Indebtedness extends, replaces, refunds, refinances, renews or defeases (x) Indebtedness subordinated to or pari passu with the Notes or any Guarantee thereof, such Refinancing Indebtedness is subordinated to or pari passu with the
Notes or the Guarantee at least to the same extent as the Indebtedness being extended, replaced, refunded, refinanced, renewed or defeased or (y) Disqualified Stock or Preferred Stock, such Refinancing Indebtedness must be Disqualified Stock or
Preferred Stock, respectively; and 
 (3) shall not include (x) Indebtedness, Disqualified Stock or Preferred Stock of a
Subsidiary of the Company that is not a Guarantor that refinances Indebtedness, Disqualified Stock or Preferred Stock of the Company, (y) Indebtedness, Disqualified Stock or Preferred Stock of a Subsidiary of the Company that is not a Guarantor
that refinances Indebtedness, Disqualified Stock or Preferred Stock of a Guarantor, or (z) Indebtedness, Disqualified Stock or Preferred Stock of the Company or a Restricted Subsidiary that refinances Indebtedness, Disqualified Stock or
Preferred Stock of an Unrestricted Subsidiary; 
 and provided, further, that subclause (1) of this clause
(xiii) will not apply to any extension, replacement, refunding, refinancing, renewal or defeasance of any Indebtedness outstanding under a Senior Credit Facility; 

  
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 (xiv) (x) Indebtedness or Disqualified Stock of the Company or Indebtedness,
Disqualified Stock or Preferred Stock of a Restricted Subsidiary incurred or issued to finance an acquisition, merger, consolidation or amalgamation or (y) Indebtedness, Disqualified Stock or Preferred Stock of Persons that are acquired by the
Company or any Restricted Subsidiary or merged into or amalgamated or consolidated with or into the Company or a Restricted Subsidiary in accordance with the terms of this Indenture or that is assumed by the Company or any Restricted Subsidiary in
connection with such acquisition, which with respect to this clause (y) is not incurred by such Persons in connection with, or in anticipation of, such acquisition, merger, amalgamation or consolidation; provided that such Indebtedness
incurred under this clause (xiv) is in an aggregate amount not to exceed (i) $100.0 million at any time outstanding plus (ii) unlimited additional Indebtedness if after giving effect to such acquisition, merger, amalgamation or
consolidation, either: 
 (1) the Company would be permitted to incur at least $1.00 of additional Indebtedness pursuant to
the Fixed Charge Coverage Ratio test set forth in Section 4.03(a); or 
 (2) the Fixed Charge Coverage Ratio of the
Company and its Restricted Subsidiaries is equal to or greater than immediately prior to such acquisition, merger, amalgamation or consolidation; 

(xv) Indebtedness (1) arising from the honoring by a bank or other financial institution of a check, draft or similar
instrument drawn against insufficient funds in the ordinary course of business and (2) Indebtedness in respect of any commercial credit cards, stored value cards, purchasing cards, treasury management, check drawing and automated payment
services (including depository, overdraft, controlled disbursement, ACH transactions, return items, interstate depository network services, Society for Worldwide Interbank Financial Telecommunication transfers, cash pooling and operational foreign
exchange management), dealer incentive, supplier finance or similar programs, current account facilities, netting services, employee credit card programs, overdraft facilities, foreign exchange facilities, payment facilities and, in each case,
similar arrangements and cash management arrangements entered into in the ordinary course of business; 
 (xvi) Indebtedness
of the Company or any of its Restricted Subsidiaries supported by a letter of credit or bank guarantee issued pursuant to any Senior Credit Facility, in a principal amount not in excess of the stated amount of such letter of credit or bank
guarantee; 
 (xvii) (1) any guarantee by the Company or a Restricted Subsidiary of Indebtedness or other obligations of any
Restricted Subsidiary so long as the incurrence of such Indebtedness incurred by such Restricted Subsidiary is permitted under the terms of this Indenture, or (2) any guarantee by a Restricted Subsidiary of Indebtedness of the Company;
provided that such guarantee is incurred in accordance with Section 4.11; 
 (xviii) Indebtedness of
non-Guarantor Subsidiaries of the Company incurred not to exceed, together with any other Indebtedness incurred under this clause (xviii) at any one time outstanding, the greater of (x) $75.0 million and (y) 2.5% of Consolidated Total
Assets (it being understood that any Indebtedness incurred pursuant to this clause (xviii) shall cease to be deemed incurred or outstanding for purposes of this clause (xviii) but shall be deemed incurred for the purposes of
Section 4.03(a) from and after the first date on which the applicable non-Guarantor Subsidiary could have incurred such Indebtedness under Section 4.03(a) without reliance on this clause (xviii); 

(xix) Indebtedness of the Company or any of its Restricted Subsidiaries consisting of (1) the financing of insurance
premiums, (2) take-or-pay obligations contained in supply arrangements, in each case incurred in the ordinary course of business and/or (3) obligations to reacquire assets or inventory in connection with customer financing arrangements in
the ordinary course of business; 
 (xx) Indebtedness consisting of Indebtedness issued by the Company or any of its
Restricted Subsidiaries to any stockholders of any direct or indirect parent company or any future, present or former employee, officer, director, member of management, consultant or independent contractor (or the estate,

  
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heirs, family members, spouse, former spouse, domestic partner or former domestic partner of any of the foregoing), or any direct or indirect parent thereof, in each case to finance the purchase
or redemption of Equity Interests of the Company, a Restricted Subsidiary or any of their direct or indirect parent companies to the extent described in Section 4.04(b)(iv); 

(xxi) (1) Indebtedness incurred by a Receivables Subsidiary in a Receivables Facility that is not recourse to the Company or
any Restricted Subsidiary other than the Receivables Subsidiary (except for Securitization Undertakings) and (2) to the extent constituting Indebtedness, obligations of the Company or a Restricted Subsidiary as seller or servicer under a
Receivables Facility and any guarantee by the Company of such Indebtedness; 
 (xxii) Indebtedness of the Company or any
Restricted Subsidiary as an account party in respect of trade letters of credit issued in the ordinary course of business; 

(xxiii) Indebtedness consisting of obligations owing under supply, license or similar agreements entered into in the ordinary
course of business; 
 (xxiv) Indebtedness representing deferred compensation to directors, officers, employees, members of
management, managers or consultants of the Company or any of its Restricted Subsidiaries or any direct or indirect parent company incurred in the ordinary course of business and deferred compensation or other similar arrangements in connection with
the Transactions or in connection with any Investments or any Restricted Payments permitted pursuant to Section 4.04; and 

(xxv) Indebtedness in an aggregate principal or face amount at any time outstanding not to exceed $25.0 million in respect of
letters of credit, bank guaranties, surety bonds, performance bonds and similar instruments issued for general corporate purposes. 

For purposes of determining compliance with this Section 4.03, in the event that an item of Indebtedness, Disqualified Stock or
Preferred Stock (or any portion thereof) meets the criteria of more than one of the categories of permitted Indebtedness, Disqualified Stock or Preferred Stock described in clauses (i) through (xxv) above or is entitled to be incurred
pursuant to Section 4.03(a), then the Company shall, in its sole discretion, classify or reclassify, or later divide, classify or reclassify, such item of Indebtedness, Disqualified Stock or Preferred Stock (or any portion thereof) in any
manner that complies with this Section 4.03; provided that all Indebtedness outstanding under the Senior Credit Facilities on the Issue Date shall be treated as incurred on the Issue Date under Section 4.03(b)(i). 

Accrual of interest or dividends, the accretion of accreted value, the accretion or amortization of original issue discount, and the
payment of interest or dividends in the form of additional Indebtedness, Disqualified Stock or Preferred Stock, as the case may be, of the same class, accretion or amortization of original issue discount or liquidation preference and increases in
the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies will not be deemed to be an incurrence of Indebtedness or an issuance of Disqualified Stock or Preferred Stock for purposes of this
Section 4.03. Guarantees of, or obligations in respect of letters of credit relating to, Indebtedness which is otherwise included in the determination of a particular amount of Indebtedness shall not be included in the determination of such
amount of Indebtedness; provided that the incurrence of the Indebtedness represented by such guarantee or letter of credit, as the case may be, was in compliance with this Section 4.03. 

For purposes of determining compliance with any U.S. dollar-denominated restriction on the incurrence of Indebtedness, the U.S.
dollar-equivalent principal amount of Indebtedness denominated in a foreign currency shall be calculated based on the relevant currency exchange rate in effect on the date such Indebtedness was incurred, in the case of term debt, or first committed
or first incurred (whichever yields the lower U.S. dollar equivalent), in the case of revolving credit debt; provided that if such Indebtedness is incurred to refinance other Indebtedness denominated in a foreign currency, and such
refinancing would cause the applicable U.S. dollar-denominated restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the date of such refinancing, such U.S. dollar-denominated restriction shall be deemed not to
have been exceeded so long as the principal amount of such refinancing Indebtedness (plus premium (including tender premiums), fees, defeasance costs, accrued interest and expenses including original issue discount, upfront fees or similar
fees) does not exceed the principal amount of such Indebtedness being refinanced. 

  
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 The principal amount of any Indebtedness incurred to refinance other Indebtedness, if incurred in
a different currency from the Indebtedness being refinanced, shall be calculated based on the currency exchange rate applicable to the currencies in which such respective Indebtedness is denominated that is in effect on the date of such refinancing.
The Company shall not, and shall not permit any Subsidiary Guarantor to, directly or indirectly, incur any Indebtedness (including Acquired Indebtedness) that is contractually subordinated or junior in right of payment to any Indebtedness of the
Company or such Subsidiary Guarantor, as the case may be, unless such Indebtedness is expressly subordinated in right of payment to the Notes or such Subsidiary Guarantor’s Guarantee to the extent and in the same manner as such Indebtedness is
subordinated to other Indebtedness of the Company or such Subsidiary Guarantor, as the case may be. 
 For purposes of this Indenture,
Indebtedness that is unsecured shall not be deemed to be subordinated or junior to Secured Indebtedness merely because it is unsecured, and senior indebtedness shall not be deemed to be subordinated or junior to any other senior indebtedness merely
because it has a junior priority with respect to the same collateral. 
 SECTION 4.04 Limitation on Restricted Payments. 

(a) The Company shall not, and shall not permit any of the Restricted Subsidiaries to, directly or indirectly: 

(i) declare or pay any dividend or make any other payment or any distribution on account of the Company’s, or any of its
Restricted Subsidiaries’ Equity Interests (in each case, solely in such Person’s capacity as holder of such Equity Interests), including any dividend or distribution payable in connection with any merger or consolidation other than
(A) dividends or distributions by the Company payable solely in Equity Interests (other than Disqualified Stock) of the Company; or (B) dividends or distributions by a Restricted Subsidiary so long as, in the case of any dividend or
distribution payable on or in respect of any class or series of securities issued by a Restricted Subsidiary other than a Wholly-Owned Subsidiary, the Company or a Restricted Subsidiary receives at least its pro rata share of such dividend or
distribution in accordance with its Equity Interests in such class or series of securities; 
 (ii) purchase, redeem, defease
or otherwise acquire or retire for value any Equity Interests of the Company or any direct or indirect parent of the Company, including in connection with any merger or consolidation, in each case held by Persons other than the Company or a
Restricted Subsidiary; 
 (iii) make any principal payment on, or redeem, repurchase, defease or otherwise acquire or retire
for value, in each case prior to any scheduled repayment, sinking fund payment or maturity, any Subordinated Indebtedness of the Company or a Subsidiary Guarantor, other than (A) Indebtedness permitted under clauses (vii) and
(viii) of Section 4.03(b); or (B) the payment, redemption, repurchase, defeasance, acquisition or retirement for value of Subordinated Indebtedness purchased in anticipation of satisfying a sinking fund obligation, principal
installment or final maturity, in each case due within one year of the date of such payment, redemption, repurchase, defeasance, acquisition or retirement; or 

(iv) make any Restricted Investment; 

(all such payments and other actions set forth in clauses (i) through (iv) above being collectively referred to as “Restricted
Payments”), unless, at the time of such Restricted Payment: 
 (1) no Default shall have occurred and be
continuing or would occur as a consequence thereof; 
 (2) immediately after giving effect to such transaction on a pro
forma basis, the Company could incur $1.00 of additional Indebtedness under Section 4.03(a); and 

  
 49 

 (3) such Restricted Payment, together with the aggregate amount of all other
Restricted Payments made by the Company and its Restricted Subsidiaries after the Issue Date (including Restricted Payments permitted by clauses (i), (vi)(c) and (ix) of Section 4.04(b) but excluding all other Restricted Payments permitted
by Section 4.04(b) hereof), is less than the sum of (without duplication): 
 (A) 50% of the Consolidated Net Income of
the Company for the period (taken as one accounting period) beginning on the first day of the fiscal quarter of the Company subsequent to which the Issue Date occurs to the end of the Company’s most recently ended fiscal quarter for which
internal financial statements are available at the time of such Restricted Payment, or, in the case such Consolidated Net Income for such period is a deficit, minus 100% of such deficit; plus 

(B) 100% of the aggregate net cash proceeds and the fair market value, as determined in good faith by the Company, of
marketable securities or other property (other than cash) received by the Company since the Issue Date (other than net cash proceeds to the extent such net cash proceeds have been used to incur Indebtedness, Disqualified Stock or Preferred Stock
pursuant to Section 4.03(b)(xii)(a) from the issue or sale of: (i) (A) Equity Interests of the Company, including Treasury Capital Stock (as defined below), but excluding cash proceeds and the fair market value, as determined in good
faith by the Company, of marketable securities or other property received from the sale of: Equity Interests to any future, present or former employee, officer, director, member of management or consultant (or the estate, heirs, family members,
spouse, former spouse, domestic partner or former domestic partner of any of the foregoing) of the Company, any direct or indirect parent company of the Company and the Company’s Subsidiaries since the Issue Date to the extent such amounts have
been applied to Restricted Payments made in accordance with clause (iv) of Section 4.04(b) hereof; and (B) to the extent such net cash proceeds or other property are actually contributed to the Company, Equity Interests of the
Company’s direct or indirect parent companies (excluding contributions of the proceeds from the sale of Designated Preferred Stock of such companies or contributions to the extent such amounts have been applied to Restricted Payments made in
accordance with clause (iv) of Section 4.04(b) hereof); or (ii) debt of the Company or any Restricted Subsidiary that has been converted into or exchanged for Equity Interests of the Company or its direct or indirect parent companies;
provided, however, that this clause (B) shall not include the proceeds from (V) Designated Preferred Stock, (W) Refunding Capital Stock, (X) Equity Interests or convertible debt securities of the Company sold to a
Restricted Subsidiary, (Y) Disqualified Stock or debt securities that have been converted into Disqualified Stock and (Z) Excluded Contributions; plus 

(C) 100% of the aggregate amount of cash and the fair market value, as determined in good faith by the Company, of marketable
securities or other property (other than cash) contributed to the capital of the Company following the Issue Date other than (U) net cash proceeds to the extent such net cash proceeds have been used to incur Indebtedness or issue Disqualified
Stock or Preferred Stock pursuant to Section 4.03(b)(xii)(a), (V) by a Restricted Subsidiary, (W) Designated Preferred Stock, (X) Refunding Capital Stock, (Y) Disqualified Stock or debt securities that have been converted
into Disqualified Stock and (Z) from any Excluded Contributions; plus 
 (D) 100% of the aggregate amount
received in cash and the fair market value, as determined in good faith by the Company, of marketable securities or other property (other than cash) received by means of: 

(I) the sale or other disposition (other than to the Company or a Restricted Subsidiary) of Restricted Investments made by the
Company or its Restricted Subsidiaries, repurchases and redemptions of such Restricted 

  
 50 

 
Investments from the Company or its Restricted Subsidiaries, repayments of loans or advances, releases of guarantees, which constitute Restricted Investments by the Company or its Restricted
Subsidiaries, return of capital, income, profits and other amounts realized as a return or Investment from any Restricted Investment by the Company or its Restricted Subsidiaries, in each case since the Issue Date (other than in each case to the
extent the Restricted Investment was made pursuant to clause (vii) of Section 4.04(b) or, in the case of a Restricted Investment in an Unrestricted Subsidiary, clause (xi) of Section 4.04(b)); or 

(II) the sale or other distribution (other than to the Company or a Restricted Subsidiary) of the stock of an Unrestricted
Subsidiary or a distribution from an Unrestricted Subsidiary (other than in each case to the extent the Investment in such Unrestricted Subsidiary was made by the Company or a Restricted Subsidiary pursuant to clause (vii) of
Section 4.04(b) or, in the case of a Restricted Investment in an Unrestricted Subsidiary, clause (xi) of Section 4.04(b) or to the extent such Investment constituted a Permitted Investment) or a dividend or distribution from an
Unrestricted Subsidiary since the Issue Date; plus 
 (E) in the case of the redesignation of an Unrestricted
Subsidiary as a Restricted Subsidiary or the merger, amalgamation or consolidation of an Unrestricted Subsidiary into the Company or a Restricted Subsidiary or the transfer of all or substantially all of the assets of an Unrestricted Subsidiary to
the Company or a Restricted Subsidiary after the Issue Date, the fair market value of the Investment of the Company or the Restricted Subsidiary in such Unrestricted Subsidiary at the time of such redesignation or at the time of such merger,
amalgamation, consolidation or transfer of assets (or the assets transferred or conveyed, as applicable), as determined by the Company in good faith or, if such fair market value may exceed $50.0 million, by the board of directors of the Company, a
copy of the resolution of which with respect thereto will be delivered to the Trustee at the time of the redesignation of such Unrestricted Subsidiary as a Restricted Subsidiary or at the time of such merger, amalgamation, consolidation or transfer
of assets other than to the extent the Investment in such Unrestricted Subsidiary was made by the Company or a Restricted Subsidiary pursuant to clause (vii) of Section 4.04(b) or, in the case of a Restricted Investment in an Unrestricted
Subsidiary, clause (xi) of Section 4.04(b)) or to the extent such Investment constituted a Permitted Investment. 
 (b)
Section 4.04(a) shall not prohibit: 
 (i) the payment of any dividend or distribution or the consummation of any
irrevocable redemption within 60 days after the date of declaration of the dividend or other distribution or giving of the redemption notice, as the case may be, if at the date of declaration or distribution such dividend, distribution or redemption
payment would have complied with the provisions of this Indenture (assuming, in the case of a redemption payment, the giving of the notice would have been deemed a Restricted Payment at such time and such deemed Restricted Payment would have been
permitted at such time); 
 (ii) (A) the redemption, repurchase, retirement or other acquisition of any Equity Interests
(“Treasury Capital Stock”) or Subordinated Indebtedness of the Company, any direct or indirect parent of the Company or any Restricted Subsidiary in exchange for, or out of the proceeds of, the substantially concurrent sale or
issuance (other than to a Restricted Subsidiary or an employee stock ownership plan or trust established by the Company or any of its Subsidiaries) of, Equity Interests of the Company or any direct or indirect parent company of the Company to the
extent any such proceeds are contributed to the Company (in each case, other than any Disqualified Stock) (“Refunding Capital Stock”); 

  
 51 

 (B) the declaration and payment of accrued dividends on Treasury Capital Stock
out of the proceeds of the substantially concurrent sale or issuance (other than to a Restricted Subsidiary or an employee stock ownership plan or trust established by the Company or any of its Subsidiaries) of any Refunding Capital Stock; and 

(C) if immediately prior to the retirement of Treasury Capital Stock, the declaration and payment of dividends thereon was
permitted under clause (vi) of this Section 4.04(b), the declaration and payment of dividends on the Refunding Capital Stock (other than Refunding Capital Stock the proceeds of which were used to redeem, repurchase, retire or otherwise
acquire any Equity Interests of any direct or indirect parent company of the Company) in an aggregate amount per year no greater than the aggregate amount of dividends per annum that were declarable and payable on such Treasury Capital Stock
immediately prior to such retirement; 
 (iii) the principal payment on, redemption, repurchase, defeasance, exchange or
other acquisition or retirement of (x) Subordinated Indebtedness of the Company or a Guarantor made by exchange for, or out of the proceeds of, the substantially concurrent sale of, new Indebtedness of the Company or a Guarantor, as the case
may be, or (y) Disqualified Stock of the Company or a Guarantor made by exchange for, or out of the proceeds of the substantially concurrent sale of, Disqualified Stock of the Company or a Guarantor, that, in each case, is incurred in
compliance with Section 4.03 so long as: 
 (A) the principal amount (or accreted value, if applicable) of such new
Indebtedness or the liquidation preference of such new Disqualified Stock does not exceed the principal amount of (or accreted value, if applicable), plus any accrued and unpaid interest on, the Subordinated Indebtedness or the liquidation
preference of, plus any accrued and unpaid dividends on, the Disqualified Stock being so repaid, repurchased, redeemed, defeased, exchanged, acquired or retired for value, plus the amount of any premium required to be paid under the
terms of the instrument governing the Subordinated Indebtedness or Disqualified Stock being so repaid, repurchased, redeemed, defeased, exchanged, acquired or retired, any tender premiums, plus any defeasance costs, accrued interest and any fees and
expenses (including original issue discount, upfront or similar fees) incurred in connection therewith; 
 (B) such new
Indebtedness is subordinated to the Notes or the applicable Guarantee at least to the same extent as such Subordinated Indebtedness so repaid, repurchased, redeemed, defeased, exchanged, acquired or retired for value; 

(C) such new Indebtedness or Disqualified Stock has a final scheduled maturity date equal to or later than the final scheduled
maturity date of the Subordinated Indebtedness or Disqualified Stock being so repaid, repurchased, redeemed, defeased, exchanged, acquired or retired; and 

(D) such new Indebtedness or Disqualified Stock has a Weighted Average Life to Maturity at the time incurred equal to or
greater than the remaining Weighted Average Life to Maturity of the Subordinated Indebtedness or Disqualified Stock being so repaid, repurchased, redeemed, defeased, exchanged, acquired or retired; 

(iv) a Restricted Payment to pay for the repurchase, redemption, retirement or other acquisition or retirement for value of
Equity Interests (other than Disqualified Stock) of the Company or any of its direct or indirect parent companies held by any future, present or former employee, officer, director, member of management, manager or consultant (or the estate, heirs,
family members, spouse, former spouse, domestic partner or former domestic partner of any of the foregoing) of the Company, any of its Subsidiaries or any of its direct or indirect parent companies, pursuant to any management equity plan or stock
option plan or any other management or employee benefit plan or other agreement or arrangement (and including, for the avoidance of doubt, any principal and interest payable on any notes issued by the Company or any direct or indirect parent company
in connection with any such repurchase, retirement or other acquisition and any tax related thereto); provided, however, that the aggregate amounts made under this clause (iv) do not exceed $25.0 million in any calendar year
(which shall increase to $50.0 million 

  
 52 

 
subsequent to the consummation of an underwritten public Equity Offering by the Company or any direct or indirect parent company of the Company) with unused amounts in any calendar year being
carried over to succeeding calendar years subject to a maximum (without giving effect to the following proviso) of $50.0 million in any calendar year; provided further that such amount in any calendar year may be increased by an amount not to
exceed: 
 (A) the cash proceeds from the sale of Equity Interests (other than Disqualified Stock) of the Company and, to the
extent contributed to the Company, Equity Interests of any of the Company’s direct or indirect parent companies, in each case to any future, present or former employee, officer, director, member of management, manager or consultant (or the
estate, heirs, family members, spouse, former spouse, domestic partner or former domestic partner of any of the foregoing) of the Company, any of its Subsidiaries or any of its direct or indirect parent companies after the Issue Date, to the extent
the cash proceeds from the sale of such Equity Interests have not otherwise been applied to the payment of Restricted Payments by virtue of clause (3) of Section 4.04(a) hereof; plus, in respect of any sale of Equity Interests in
connection with an exercise of stock options, an amount equal to the amount required to be withheld by the Company or any of its direct or indirect parent companies in connection with such exercise under applicable law to the extent such amount is
repaid to the Company or its direct or indirect parent company, as applicable, constituted a Restricted Payment and has not otherwise been applied to the payment of Restricted Payments by virtue of clause (3) of Section 4.04(a) hereof;
plus 
 (B) the cash proceeds of key man life insurance policies received by the Company or its Restricted
Subsidiaries or any of its direct or indirect parent companies after the Issue Date; plus 
 (C) the amount of any
cash bonuses otherwise payable to employees, officers, directors, members of management, consultants of the Company, any of its Subsidiaries or any of its direct or indirect companies that are foregone in return for receipt of Equity Interests;
less 
 (D) the amount of any Restricted Payments previously made with the cash proceeds described in clauses (A),
(B) and (C) of this clause (iv); 
 and provided further that cancellation of Indebtedness owing to the Company or any of
its Restricted Subsidiaries from any future, present or former employee, officer, director, member of management, manager or consultant (or the estate, heirs, family members, spouse, former spouse, domestic partner or former domestic partner of any
of the foregoing) of the Company, any of the Company’s direct or indirect parent companies or any of the Company’s Restricted Subsidiaries in connection with a repurchase of Equity Interests of the Company or any of its direct or indirect
parent companies will not be deemed to constitute a Restricted Payment for purposes of this Section 4.04 or any other provision of this Indenture; 

(v) the declaration and payment of dividends or distributions to holders of any class or series of Disqualified Stock of the
Company or any of its Restricted Subsidiaries or any class or series of Preferred Stock of any Restricted Subsidiary issued or incurred in accordance with Section 4.03 hereof to the extent such dividends are included in the definition of
“Fixed Charges”; 
 (vi) (a) the declaration and payment of dividends to holders of any class or series of
Designated Preferred Stock (other than Disqualified Stock) issued by the Company or any of its Restricted Subsidiaries after the Issue Date; (b) the declaration and payment of dividends or distributions to a direct or indirect parent company of
the Company, the proceeds of which will be used to fund the payment of dividends to holders of any class or series of Designated Preferred Stock (other than Disqualified Stock) of such parent company issued after the Issue Date; or (c) the
declaration and payment of dividends on Refunding Capital Stock that is Preferred Stock in excess of the dividends declarable and payable thereon pursuant to clause (ii) of this Section 4.04(b); provided, however, in the case
of each of (a), (b) and (c) of this clause (vi), that (i) for the most recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the date of issuance of such Designated
Preferred Stock or the declaration of such dividends on Refunding Capital Stock that is Preferred Stock, after giving effect to 

  
 53 

 
such issuance or declaration on a pro forma basis, the Company and its Restricted Subsidiaries on a consolidated basis would have had a Fixed Charge Coverage Ratio of at least 2.00 to 1.00
and (ii) the aggregate amount of dividends paid pursuant to subclauses (a) and (b) of this clause (vi) will not exceed the aggregate amount of cash actually contributed to the Company from the sale of such Designated Preferred
Stock (other than Disqualified Stock) issued after the Issue Date; 
 (vii) Investments in Unrestricted Subsidiaries having
an aggregate fair market value, taken together with all other Investments made pursuant to this clause (vii) that are at the time outstanding, without giving effect to the sale of an Unrestricted Subsidiary to the extent the proceeds of such
sale do not consist of, or have not been subsequently sold or transferred for, cash or marketable securities, not to exceed the sum of (a) the greater of (x) $75.0 million and (y) 2.5% of Consolidated Total Assets (with the fair
market value of each Investment being measured at the time made and without giving effect to subsequent changes in value) and (b) any returns (including dividends, interest, distributions, returns of principal, profits on sale, repayments,
income and similar amounts) actually received in respect of any such Investment; provided, however, that if any Investment pursuant to this clause (vii) is made in any Person that is not the Company or a Restricted Subsidiary at the date
of the making of such Investment and such Person becomes the Company or a Restricted Subsidiary after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (1) of the definition of “Permitted
Investments” and shall cease to have been made pursuant to this clause (vii) for so long as such Person continues to be the Company or a Restricted Subsidiary; 

(viii) redemptions, repurchases, retirements or other acquisitions of Equity Interests deemed to occur (a) upon exercise
of stock options or warrants or other securities convertible into or exchangeable for Equity Interests if such Equity Interests represent all or a portion of the exercise price of such options or warrants or other securities convertible into or
exchangeable for Equity Interests and (b) in connection with the withholding portion of the Equity Interests granted or awarded to any future, present or former employee, officer, director, member of management, manager or consultant (or the
estate, heirs, family members, spouse, former spouse, domestic partner or former domestic partner of any of the foregoing) of the Company or any of its Subsidiaries to pay for the taxes payable by such Persons upon such grant or award; 

(ix) declaration and payment of dividends on the Company’s common stock (or the payment of dividends to any direct or
indirect parent entity to fund a payment of dividends on such entity’s common stock), following any public offering of the Company’s common stock or the common stock of any of its direct or indirect parent companies after the Issue Date,
of the greater of (x) up to 6% per annum of the net cash proceeds received by or contributed to the Company in or from any public offering, other than public offerings with respect to the Company’s common stock registered on Form S-8
and other than any public sale constituting an Excluded Contribution and (y) $30.0 million in any calendar year; 
 (x)
Restricted Payments in an amount that does not exceed the amount of Excluded Contributions made since the Issue Date; 
 (xi)
other Restricted Payments in an aggregate amount taken together with all other Restricted Payments made pursuant to this clause (xi) that are at the time outstanding not to exceed the greater of (x) $100.0 million and (y) 3.0% of
Consolidated Total Assets; 
 (xii) distributions or payments of Receivables Fees; 

(xiii) any Restricted Payment used to fund the Transactions (including, the repayment of the existing senior secured credit
facilities and, after the Closing Date, to pay any Transaction Expenses) and the fees and expenses related thereto or owed to Affiliates (including dividends to any direct or indirect parent company to permit payment by such parent of such amount
and payments under the Management Consulting Agreements), in each case with respect to any Restricted Payment to or owed to an Affiliate, to the extent permitted by Section 4.07; 

  
 54 

 (xiv) the repurchase, redemption or other acquisition or retirement for value of
any Subordinated Indebtedness pursuant to the provisions similar to those described under Sections 4.06 and 4.08; provided that all Notes tendered by Holders in connection with a Change of Control Offer or Asset Sale Offer, as
applicable, have been repurchased, redeemed or acquired for value; 
 (xv) the declaration and payment of dividends or
distributions by the Company or a Restricted Subsidiary to, or the making of loans or advances to, any of their respective direct or indirect parent companies in amounts required for any direct or indirect parent companies to pay, in each case
without duplication, 
 (A) franchise and similar taxes and other fees and expenses required to maintain the corporate
existence of or the qualification to do business; 
 (B) customary wages, salary, bonus, severance and other benefits payable
to, and indemnitees provided on behalf of current or former officers, directors, employees, members of management, consultants and/or independent contractors of any direct or indirect parent company of the Company and any payroll, social security or
similar taxes thereof to the extent such wages, salaries, bonuses, severance, indemnification, obligations and other benefits are attributable to the ownership or operation of the Company and its Restricted Subsidiaries; 

(C) interest and/or principal on Indebtedness the proceeds of which have been contributed to the Company or any Restricted
Subsidiary and that has been guaranteed by, or is otherwise, considered Indebtedness of, the Company incurred in accordance with Section 4.03; 

(D) general corporate operating, legal and overhead costs and expenses of any direct or indirect parent company of the Company
to the extent such costs and expenses are attributable to the ownership or operation of the Company and its Restricted Subsidiaries; 

(E) audit and other accounting and reporting expenses at such direct or indirect parent company to the extent relating to the
ownership or operations of the Company and/or its Restricted Subsidiaries; 
 (F) (i) fees and expenses other than to
Affiliates of the Company related to any equity or debt offering of such parent company (whether or not successful) and (ii) Public Company Costs; 

(G) (i) cash payments in lieu of issuing fractional shares in connection with the exercise of warrants, options or other
securities convertible into or exchangeable for Equity Interests of the Company or any direct or indirect parent and (ii) consisting of payments made or expected to be made in respect of withholding or similar Taxes payable by any future,
present or former officers, directors, employees, members of management, managers or consultants of the Company, any Restricted Subsidiary or any direct or indirect parent company or any of their respective immediate family members; 

(H) payments permitted under clause (iii), (iv), (vii) or (x) of Section 4.07(b); and 

(I) payments to finance any Investment permitted to be made pursuant to this Section 4.04; provided that
(i) such Restricted Payment shall be made substantially concurrently with the closing of such Investment, (ii) such parent shall, promptly following the closing thereof, cause (A) all property acquired (whether assets or Equity
Interests) to be contributed to the Company or a Restricted Subsidiary or (B) the merger, consolidation or amalgamation (to the extent permitted pursuant to Section 5.01) of the Person formed or acquired into the Company or a Restricted
Subsidiary in order to consummate such acquisition or Investment in a manner that causes such Investment to be a Permitted Investment, (iii) such direct or indirect parent company and its Affiliates (other than the Company or a Restricted
Subsidiary) receives no consideration or 

  
 55 

 
other payment in connection with such transaction except to the extent the Company or a Restricted Subsidiary could have given such consideration or made such payment in compliance with this
Indenture, (iv) any property received by the Company shall not increase amounts available for Restricted Payments pursuant to clause (3) of Section 4.04(a) hereof and (v) such Investment shall be deemed to be made by the Company
or such Restricted Subsidiary pursuant to another provision of this Section 4.04 (other than pursuant to clause (x) of this Section 4.04(b)) or pursuant to the definition of “Permitted Investments”; 

(xvi) the distribution, by dividend or otherwise, or other transfer or disposition of shares of Capital Stock of, or
Indebtedness owed to the Company or a Restricted Subsidiary by, Unrestricted Subsidiaries (other than Unrestricted Subsidiaries, the primary assets of which are Cash Equivalents) or the proceeds thereof; 

(xvii) cash payments in lieu of the issuance of fractional shares in connection with the exercise of warrants, options or other
securities convertible into or exchangeable for Capital Stock of the Company, any of its Restricted Subsidiaries or any direct or indirect parent company of the Company; 

(xviii) any Restricted Payment if immediately after giving pro forma effect thereto and the incurrence of any
Indebtedness the net proceeds of which are used to finance such Restricted Payment, the Consolidated Total Leverage Ratio of the Company and its Restricted Subsidiaries would not have exceeded 2.00:1.00; 

(xix) payments or distributions to dissenting stockholders pursuant to applicable law, pursuant to or in connection with a
consolidation, merger or transfer of all or substantially all of the assets of the Company and its Restricted Subsidiaries, taken as a whole, that complies with Section 5.01; 

(xx) payments to Holdings that are used by Holdings to pay taxes attributable to the Company and its Subsidiaries; and 

(xxi) payments or distributions in an amount equal to the net cash proceeds received by the Company or any Restricted
Subsidiary in connection with the Radford Sale in an aggregate amount not to exceed $10.0 million. 
 provided, however, that at the time of,
and after giving effect to, any Restricted Payment permitted under clauses (xi), (xvi) and (xviii) of Section 4.04(b) hereof, no Default shall have occurred and be continuing or would occur as a consequence thereof. In determining
whether any Restricted Payment is permitted by this Section 4.04, the Company and its Restricted Subsidiaries may allocate all or any portion of such Restricted Payment among the categories described in clauses (i) through (xxi) of
Section 4.04(b) or among such categories and the types of Restricted Payments described in Section 4.04(a) (including categorization in whole or in part as a Permitted Investment); provided that, at the time of such allocation, all
such Restricted Payments, or allocated portions thereof, would be permitted under the various provisions of this Section 4.04 and provided, further that the Company and its Restricted Subsidiaries may reclassify all or a portion
of such Restricted Payment or Permitted Investment in any manner that complies with this Section 4.04 (based on circumstances existing at the time of such reclassification), and following such reclassification such Restricted Payment or
Permitted Investment shall be treated as having been made pursuant to only the clause or clauses of this Section 4.04 to which such Restricted Payment or Permitted Investment has been reclassified. As of the Issue Date, all of the
Company’s Subsidiaries will be Restricted Subsidiaries. The Company shall not permit any Unrestricted Subsidiary to become a Restricted Subsidiary except pursuant to the second to last sentence of the definition of “Unrestricted
Subsidiary.” For purposes of designating any Restricted Subsidiary as an Unrestricted Subsidiary, all outstanding Investments by the Company and its Restricted Subsidiaries (except to the extent repaid) in the Subsidiary so designated shall
be deemed to be Investments in an amount determined as set forth in the last sentence of the definition of “Investments.” Such designation shall only be permitted if a Restricted Payment or Permitted Investment in such amount would
be permitted at such time, whether pursuant to Section 4.04(a) or clause (vii), (x), (xi) or (xviii) of Section 4.04(b) or pursuant to the definition of Permitted Investment and if such Subsidiary otherwise meets the definition
of an Unrestricted Subsidiary. Unrestricted Subsidiaries shall not be subject to any of the restrictive covenants set forth in this Indenture. 

  
 56 

 SECTION 4.05 Dividend and Other Payment Restrictions Affecting Non-Guarantor Restricted
Subsidiaries. The Company shall not, and shall not permit any of its Restricted Subsidiaries that are not Guarantors to, directly or indirectly, create or otherwise cause or suffer to exist or become effective any consensual encumbrance or
consensual restriction on the ability of any such Restricted Subsidiary to: 
 (a) (i) pay dividends or make any other
distributions to the Company or any of the Guarantors on its Capital Stock or with respect to any other interest or participation in, or measured by, its profits; or (ii) pay any Indebtedness owed to the Company or any of its Guarantors; 

(b) make loans or advances to the Company or any Guarantor; or 

(c) sell, lease or transfer any of its properties or assets to the Company or any Guarantor, except, in each case, for such
encumbrances or restrictions existing under or by reason of: 
 (1) contractual encumbrances or restrictions in effect on the
Issue Date, including pursuant to the existing senior secured credit facilities, the Senior Credit Facilities and the respective related documentation; 

(2) this Indenture, the Notes and the related Guarantees and any exchange notes and related Guarantees issued pursuant to the
Registration Rights Agreement; 
 (3) purchase money obligations for property acquired and Capitalized Lease Obligations in
the ordinary course of business that impose restrictions of the nature discussed in clause (c) above on the property or assets so acquired; 

(4) applicable law or any applicable rule, regulation or order or the terms of any license, authorization, concession or permit
provided by any Governmental Authority; 
 (5) any agreement or other instrument of a Person acquired (or assumed in
connection with the acquisition of property) by the Company or any of its Restricted Subsidiaries in existence at the time of such acquisition (but not created in contemplation thereof), which encumbrance or restriction is not applicable to any
Person, or the properties or assets of any Person, other than the Person so acquired and its Subsidiaries, or the property or assets of the Person so acquired and its Subsidiaries; 

(6) contracts or agreements for the sale of assets, including any restrictions with respect to a Subsidiary of the Company
pursuant to an agreement that has been entered into for the sale or disposition of all or substantially all of the Capital Stock or assets of such Subsidiary; 

(7) Secured Indebtedness otherwise permitted to be incurred pursuant to Sections 4.03 and 4.12 that apply solely to the
assets securing such Indebtedness and/or the Restricted Subsidiaries incurring or guaranteeing such Indebtedness; 
 (8)
restrictions on cash or other deposits or net worth imposed by customers under contracts entered into in the ordinary course of business; 

(9) other Indebtedness, Disqualified Stock or Preferred Stock of non-Guarantor Subsidiaries of the Company permitted to be
incurred or issued subsequent to the Issue Date pursuant to the provisions of Section 4.03; 
 (10) customary provisions
in any partnership agreement, limited liability company organizational governance document, joint venture agreement and other similar agreement entered into in the ordinary course of business; 

  
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 (11) customary provisions contained in leases, subleases, licenses or
sublicenses, Equity Interests or asset sale agreements and other similar agreements, including with respect to intellectual property, in each case, entered into in the ordinary course of business; 

(12) customary provisions restricting assignment of any agreement entered into in the ordinary course of business; 

(13) other Indebtedness, Disqualified Stock or Preferred Stock of any Restricted Subsidiary that is incurred subsequent to the
Issue Date, provided that such Indebtedness, Disqualified Stock or Preferred Stock is permitted to be incurred subsequent to the Issue Date under Section 4.03 and either (A) the provisions relating to such encumbrance or restriction
contained in such Indebtedness are no less favorable to the Company, taken as a whole, as determined by the Company in good faith, than the provisions contained in this Indenture or the Senior Credit Facilities as in effect on the Issue Date or
(B) any such encumbrance or restriction contained in such Indebtedness does not prohibit (except upon a default or an event of default thereunder) the payment of dividends in an amount sufficient, as determined by the Company in good faith, to
make scheduled payments of cash interest on the Notes or a Guarantee when due; 
 (14) customary restrictions and conditions
contained in any agreement relating to the sale, transfer, lease or other disposition of any asset permitted under Section 4.06 pending the consummation of such sale, transfer, lease or other disposition; 

(15) customary restrictions and conditions contained in the document relating to any Lien so long as (i) such Lien is a
Permitted Lien and such restrictions or conditions relate only to the specific asset subject to such Lien and (ii) such restrictions and conditions are not created for the purpose of avoiding the restrictions imposed by this clause (15); 

(16) restrictions created in connection with any Receivables Facility that in the good faith determination of the Company are
necessary or advisable to effect such Receivables Facility; 
 (17) customary net worth or similar provisions contained in
real property leases entered into by the Company or any Subsidiary in the ordinary course of business so long as the Company or such Subsidiary has determined in good faith that such net worth or similar provisions could not reasonably be expected
to impair the ability of the Company or such Subsidiary to meet its ongoing obligations; and 
 (18) any encumbrances or
restrictions of the type referred to in Sections 4.05(a), (b) and (c) above imposed by any amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of the contracts,
instruments or obligations referred to in clauses (1) through (17) above; provided that such amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings are, in the good faith
judgment of the Company, no more restrictive in any material respect with respect to such encumbrances and other restrictions taken as a whole than those prior to such amendment, modification, restatement, renewal, increase, supplement, refunding,
replacement or refinancing. 
 For purposes of determining compliance with this Section 4.05, (1) the priority of any Preferred
Stock in receiving dividends or liquidating distributions prior to dividends or liquidating distributions being paid on common stock shall not be deemed a restriction on the ability to make distributions on Capital Stock and (2) the
subordination of loans or advances made to the Company or a Restricted Subsidiary to other Indebtedness incurred by the Company or any such Restricted Subsidiary shall not be deemed a restriction on the ability to make loans or advances. 

  
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 SECTION 4.06 Asset Sales. 

(a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, consummate an Asset Sale, unless: 

(i) the Company or such Restricted Subsidiary, as the case may be, receives consideration at the time of such Asset Sale at
least equal to the fair market value as determined in good faith by the Company (such fair market value to be determined on the date of contractually agreeing to such Asset Sale) of the assets sold or otherwise disposed of; and 

(ii) except in the case of a Permitted Asset Swap, at least 75% of the consideration therefor received by the Company or such
Restricted Subsidiary, as the case may be, is in the form of Cash Equivalents; provided that the amount of: 
 (a) any
liabilities (as shown on the Company’s or such Restricted Subsidiary’s most recent balance sheet or in the footnotes thereto, or if incurred or accrued subsequent to the date of such balance sheet, such liabilities that would have been
reflected on the Company’s or such Restricted Subsidiary’s balance sheet or in the footnotes thereto if such incurrence or accrual had taken place on or prior to the date of such balance sheet, as determined in good faith by the Company)
of the Company or such Restricted Subsidiary, other than liabilities that are by their terms subordinated to the Notes or the Guarantees, that are assumed by the transferee of any such assets or that are otherwise cancelled or terminated in
connection with the transaction with such transferee and for which the Company and all of its Restricted Subsidiaries have been validly released by all creditors in writing, 

(b) any securities, notes or other obligations or assets received by the Company or such Restricted Subsidiary from such
transferee that are converted by the Company or such Restricted Subsidiary into Cash Equivalents, or by their terms are required to be satisfied for Cash Equivalents (to the extent of the Cash Equivalents received) within 180 days following the
closing of such Asset Sale, and 
 (c) any Designated Non-cash Consideration received by the Company or such Restricted
Subsidiary in such Asset Sale having an aggregate fair market value, taken together with all other Designated Non-cash Consideration received pursuant to this clause (c) that is at that time outstanding, not to exceed the greater of
(x) $15.0 million and (y) 1.0% of Consolidated Total Assets at the time of the receipt of such Designated Non-cash Consideration, with the fair market value of each item of Designated Non-cash Consideration being measured at the time
received and without giving effect to subsequent changes in value, 
 shall be deemed to be Cash Equivalents for purposes of this Section 4.06(a) and
for no other purpose. 
 (b) Within 365 days after the receipt of any Net Proceeds of any Asset Sale, the Company or such Restricted
Subsidiary, at its option, may apply the Net Proceeds from such Asset Sale, 
 (i) to repay (a) Obligations under the
Senior Credit Facilities and if the Indebtedness repaid is revolving credit indebtedness, to correspondingly reduce commitments with respect thereto; (b) Obligations under Indebtedness (other than Subordinated Indebtedness) that is secured by a
Lien, which Lien is permitted by this Indenture, and if the Indebtedness repaid is revolving credit indebtedness, to correspondingly reduce commitments with respect thereto; (c) Obligations under other Indebtedness (other than Subordinated
Indebtedness) (and if the Indebtedness repaid is revolving credit indebtedness, to correspondingly reduce commitments with respect thereto), provided that the Company shall equally and ratably reduce Obligations under the Notes as provided
under Section 3.01 through open-market purchases (to the extent such purchases are at or above 100% of the principal amount thereof) or by making an offer (in accordance with the procedures set forth below for an Asset Sale Offer) to all
Holders to purchase their Notes at 100% of the principal amount thereof, plus the amount of accrued but unpaid interest, if any, on the amount of Notes that would otherwise be prepaid; or (d) Indebtedness of a Restricted Subsidiary that is not
a Guarantor (and if the Indebtedness repaid is revolving credit indebtedness, to correspondingly reduce commitments with respect thereto), other than Indebtedness owed to the Company or another Restricted Subsidiary; 

  
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 (ii) to make (a) an Investment in any one or more businesses,
provided that such Investment in any business is in the form of the acquisition of Capital Stock and results in the Company or any of its Restricted Subsidiaries, as the case may be, owning an amount of the Capital Stock of such business such
that it constitutes a Restricted Subsidiary, (b) capital expenditures or (c) acquisitions of other properties or assets, in the case of each of (a), (b) and (c), used or useful in a Similar Business; 

(iii) to make an Investment in (a) any one or more businesses, provided that such Investment in any business is in
the form of the acquisition of Capital Stock and results in the Company or any of its Restricted Subsidiaries, as the case may be, owning an amount of the Capital Stock of such business such that it constitutes a Restricted Subsidiary,
(b) properties or (c) other assets that, in the case of each of (a), (b) and (c), replace the businesses, properties and/or other assets that are the subject of such Asset Sale; or 

(iv) any combination of the foregoing; 

provided that, in the case of clauses (ii) and (iii) above, a binding commitment shall be treated as a permitted application of the Net
Proceeds from the date of such commitment so long as the Company or such other Restricted Subsidiary enters into such commitment with the good faith expectation that such Net Proceeds will be applied to satisfy such commitment within 180 days of
such commitment (an “Acceptable Commitment”) and, in the event any Acceptable Commitment is later cancelled or terminated for any reason before such Net Proceeds are applied, then such Net Proceeds shall constitute Excess Proceeds
(as defined below). 
 Any Net Proceeds from any Asset Sale that are not invested or applied as provided and within the time
period set forth in this Section 4.06(b) (it being understood that any portion of such Net Proceeds used to make an offer to purchase Notes, as described in clause (i) of this Section 4.06(b), shall be deemed to have been invested
whether or not such offer is accepted) will be deemed to constitute “Excess Proceeds.” When the aggregate amount of Excess Proceeds exceeds $25.0 million, the Company shall make an offer to all Holders and, at the option of the
Company, to any holders of any Indebtedness that is pari passu with the Notes (“Pari Passu Indebtedness”) (an “Asset Sale Offer”), to purchase the maximum aggregate principal amount of the Notes and such Pari Passu
Indebtedness that is at least $2,000 and an integral multiple of $1,000 in excess thereof that may be purchased out of the Excess Proceeds at an offer price in cash in an amount equal to 100% of the principal amount thereof, or 100% of the accreted
value thereof, if less, plus accrued and unpaid interest, if any, (or, in respect of such Pari Passu Indebtedness, such lesser price, if any, as may be provided for by the terms of such Pari Passu Indebtedness) to, but not including, the date fixed
for the closing of such offer, in accordance with the procedures set forth in this Indenture. The Company will commence an Asset Sale Offer with respect to Excess Proceeds within ten Business Days after the date that Excess Proceeds exceed $25.0
million by sending the notice required pursuant to the terms of this Indenture, with a copy to the Trustee, or otherwise in accordance with the procedures of DTC. 

To the extent that the aggregate amount of Notes and such Pari Passu Indebtedness tendered pursuant to an Asset Sale Offer is less than the
Excess Proceeds, the Company may use any remaining Excess Proceeds for general corporate purposes, subject to compliance with other covenants contained in this Indenture. If the aggregate principal amount of Notes and the Pari Passu Indebtedness
surrendered in an Asset Sale Offer exceeds the amount of Excess Proceeds, the Trustee shall select the Notes to be purchased in the manner described in Section 3.04. Selection of such Pari Passu Indebtedness will be made pursuant to the terms
of such Pari Passu Indebtedness. Upon completion of any such Asset Sale Offer, the amount of Excess Proceeds shall be reset to zero (regardless of whether there are any remaining Excess Proceeds upon such completion). 

Pending the final application of any Net Proceeds pursuant to this Section 4.06, the holder of such Net Proceeds may apply such Net
Proceeds temporarily to reduce Indebtedness outstanding under a revolving credit facility or otherwise invest such Net Proceeds in any manner not prohibited by this Indenture. 

The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder
to the extent such laws or regulations are applicable in connection with the repurchase of the Notes pursuant to an Asset Sale Offer. To the extent that the provisions of any securities laws or regulations conflict with the provisions of this
Indenture, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations described in this Indenture by virtue thereof. 

  
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 The Senior Credit Facilities will prohibit or limit, and future credit agreements or other
agreements to which the Company becomes a party may prohibit or limit, the Company from purchasing any Notes pursuant to this Asset Sales covenant. In the event the Company is prohibited from purchasing the Notes, the Company could seek the consent
of its lenders to the purchase of the Notes or could attempt to refinance the borrowings that contain such prohibition. If the Company does not obtain such consent or repay such borrowings, it will remain prohibited from purchasing the Notes. In
such case, the Company’s failure to purchase tendered Notes would constitute an Event of Default under this Indenture which would, in turn, likely constitute a default under such other agreements. 

SECTION 4.07 Transactions with Affiliates. 

(a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, make any payment to, or sell, lease, transfer or
otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction, contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any
Affiliate of the Company (each of the foregoing, an “Affiliate Transaction”) involving aggregate payments or consideration in excess of $15.0 million, unless: 

(i) such Affiliate Transaction is on terms that are not materially less favorable to the Company or its relevant Restricted
Subsidiary than those that would have been obtained in a comparable transaction by the Company or such Restricted Subsidiary with an unrelated Person on an arm’s-length basis; and 

(ii) the Company delivers to the Trustee with respect to any Affiliate Transaction or series of related Affiliate Transactions
involving aggregate payments or consideration in excess of $30.0 million, a resolution adopted in good faith by the majority of the board of directors of the Company approving such Affiliate Transaction and set forth in an Officer’s Certificate
certifying that such Affiliate Transaction complies with clause (i) above. 
 (b) Section 4.07(a) shall not apply to the
following: 
 (i) transactions between or among the Company or any of its Restricted Subsidiaries, or an entity that becomes
a Restricted Subsidiary as a result of such transaction, and any merger, consolidation or amalgamation of the Company and any direct or indirect parent of the Company; provided that such parent shall have no material liabilities and no
material assets other than cash, Cash Equivalents and Capital Stock of the Company (or a parent company thereof) and such merger, consolidation or amalgamation is otherwise in compliance with the terms of this Indenture and effected for a bona fide
business purpose; 
 (ii) Restricted Payments permitted by Section 4.04 and Investments constituting Permitted
Investments; 
 (iii) (A) the payment of management, consulting, monitoring, transaction, oversight and advisory, termination
and similar fees and related indemnities and expenses pursuant to the Management Consulting Agreements as in effect on the Issue Date, and any transaction, agreement or arrangement described in the Offering Memorandum and, in each case, any
amendment thereto or replacement thereof, whether or not with the Sponsor, so long as any such amendment or replacement is not disadvantageous in any material respect, in the good faith judgment of the Company, to the Holders of the Notes when taken
as a whole as compared to the Management Consulting Agreements in effect on the Issue Date (it being understood that any amendment thereto or replacement thereof to increase any fees or other compensation payable or implement new fees or
compensation payable pursuant to such Management Consulting Agreements would be deemed to be materially disadvantageous to the Holders) and (B) the payment of all indemnities and expenses owed to any Investors and any of their directors,
officers, members of management, managers, employees and consultants, in each case of clauses (A) and (B) whether currently due or paid in respect of accruals from prior periods; 

  
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 (iv) the payment of customary fees, reasonable out-of-pocket costs to and
reimbursement of expenses and compensation paid to, and indemnities provided on behalf of or for the benefit of, future, present or former employees, officers, members of the board of directors (or similar governing body), members of management,
managers, consultants or independent contractors (or the estate, heirs, family members, spouse, former spouse, domestic partner or former domestic partner of any of the foregoing) of the Company, any of its direct or indirect parent companies or any
of its subsidiaries, in each case, in the ordinary course of business; 
 (v) transactions in which the Company or any of its
Restricted Subsidiaries, as the case may be, delivers to the Trustee a letter from an Independent Financial Advisor stating that such transaction is fair to the Company or such Restricted Subsidiary from a financial point of view or stating that the
terms are not materially less favorable to the Company or its relevant Restricted Subsidiary than those that would have been obtained in a comparable transaction by the Company or such Restricted Subsidiary with an unrelated Person on an
arm’s-length basis; 
 (vi) any agreement as in effect as of the Issue Date, or any amendment, modification or extension
thereof (so long as any such amendment is not disadvantageous in any material respect to the Holders when taken as a whole as compared to the applicable agreement as in effect on the Issue Date as determined in good faith by the Company) or any
transaction contemplated thereby; 
 (vii) the existence of, or the performance by the Company, any of its Restricted
Subsidiaries or any direct or indirect parent of the Company of its obligations under the terms of, any stockholders or principal investors agreement (including any registration rights agreement or purchase agreement related thereto) to which it is
a party as of the Issue Date and any transaction, agreement or arrangement described in the Offering Memorandum and, in each case, any amendment thereto or similar transactions, agreements or arrangements which it may enter into thereafter;
provided, however, that the existence of, or the performance by the Company or any of its Restricted Subsidiaries of obligations under, any future amendment to any such existing transaction, agreement or arrangement or any similar
transaction, agreement or arrangement entered into after the Issue Date shall only be permitted by this clause (vii) to the extent that the terms of any such existing transaction, agreement or arrangement together with all amendments thereto,
taken as a whole, or new transaction, agreement or arrangement are not otherwise disadvantageous in any material respect to the Holders when taken as a whole as compared to the original agreement in effect on the Issue Date as determined in good
faith by the Company; 
 (viii) (A) transactions with customers, clients, suppliers, joint ventures, contractors, or
purchasers or sellers of goods or services or providers of employees or other labor, or transactions otherwise relating to the purchase or sale of goods or services, in each case in the ordinary course of business and otherwise in compliance with
the terms of this Indenture which are fair to the Company and its Restricted Subsidiaries, in the good faith determination of the board of directors (or similar governing body) of the Company or the senior management thereof, or are on terms at
least as favorable as would reasonably have been obtained at such time from an unaffiliated party on an arm’s-length basis or (B) transactions with joint ventures or Unrestricted Subsidiaries entered into in the ordinary course of business
or the terms of any such transactions are no less favorable to the Company or Restricted Subsidiary participating in such joint ventures than they are to other joint venture partners; 

(ix) the issuance of Equity Interests (other than Disqualified Stock or Preferred Stock) of the Company or a Restricted
Subsidiary to any person and the granting and performance of customary registration rights; 
 (x) payments by the Company or
any of its Restricted Subsidiaries made for any financial advisory, consulting, financing, underwriting or placement services or in respect of other investment banking activities and other transaction fees, including, without limitation, in
connection with acquisitions or divestitures which payments are approved by a majority of the board of directors of the Company in good faith or are otherwise permitted by this Indenture; 

  
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 (xi) (A) payments or loans (or cancellation of loans) or advances to employees,
officers, directors, members of management, consultants or independent contractors (or the estate, heirs, family members, spouse, former spouse, domestic partner or former domestic partner of any of the foregoing) of the Company, any of its direct
or indirect parent companies or any of its Restricted Subsidiaries and collective bargaining agreements, employment agreements, severance arrangements, compensatory (including profit sharing) arrangements, stock option plans, benefit plan, health,
disability or similar insurance plan and other similar arrangements with such employees, officers, directors, managers, members of management, consultants or independent contractors (or the estate, heirs, family members, spouse, former spouse,
domestic partner or former domestic partner of any of the foregoing) in each case, for bona fide business purposes and (B) any subscription agreement or similar agreement pertaining to the repurchase of Capital Stock pursuant to put/call rights
or similar rights with future, present or former employees, officers, directors, members of management, consultants or independent contractors approved by the board of directors (or equivalent governing body) of any direct or indirect parent company
or of the Company or any Restricted Subsidiary in good faith; 
 (xii) the Transactions and the payment of all fees and
expenses related to the Transactions, including to satisfy any Transaction Expenses incurred or owed after the Issue Date; 

(xiii) any transaction effected as part of a Receivables Facility; 

(xiv) any contribution to the capital of the Company or any Restricted Subsidiary; 

(xv) transactions permitted by, and complying with, the provisions of Section 5.01 solely for the purpose of
(A) reorganizing to facilitate any initial public offering of securities of the Company or any direct or indirect parent company of the Company, (B) forming a holding company, or (C) reincorporating the Company in a new jurisdiction;

 (xvi) between the Company or any Restricted Subsidiary and any Person, a director of which is also a director of the
Company or any direct or indirect parent of the Company; provided, however, that such director abstains from voting as a director of the Company or such direct or indirect parent of the Company or of a Restricted Subsidiary of the
Company, as the case may be, on any matter involving such other Person; 
 (xvii) the issuance of securities or other
payments, awards or grants in cash, securities or otherwise pursuant to, or the funding of, employment arrangements, stock option and stock ownership plans or similar employee benefit plans approved by the board of directors (or equivalent body) of
the Company or any direct or indirect parent company of the Company or a Subsidiary of the Company, as appropriate, in good faith; 

(xviii) transactions undertaken in good faith (as certified by a responsible financial or accounting officer of the Company in
an Officer’s Certificate) for the purposes of improving the consolidated tax efficiency of the Company and its Subsidiaries and not for the purpose of circumventing any covenant set forth in this Indenture; 

(xix) payments by the Company and its Restricted Subsidiaries pursuant to tax sharing or similar arrangements among any direct
or indirect parent of the Company and its Subsidiaries on customary terms permitted by 4.04(b)(xx); 
 (xx) investments by
the Investors in securities of the Company or any Restricted Subsidiary (and payment of reasonable out-of-pocket expenses incurred by such Investors in connection therewith) so long as the investment is being generally offered to other
non-affiliated investors on the same or more favorable terms; 

  
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 (xxi) any transaction with a Person (other than an Unrestricted Subsidiary) which
would constitute an Affiliate Transaction solely because the Company or a Restricted Subsidiary owns an Equity Interest in or otherwise controls such Person entered into in the ordinary course of business; 

(xxii) pledges of Equity Interests of Unrestricted Subsidiaries; 

(xxiii) transactions with joint ventures for the purchase or sale of goods, equipment and services entered into in the ordinary
course of business; 
 (xxiv) the payment of reasonable out-of-pocket costs and expenses related to registration rights and
customary indemnities provided to shareholders under any shareholder agreement; and 
 (xxv) licenses of, or other grants of
rights to use, intellectual property granted by the Company or any Restricted Subsidiary in the ordinary course of business. 
 SECTION 4.08
Change of Control. 
 (a) Upon the occurrence of a Change of Control after the Issue Date, unless the Company has previously
or concurrently sent a redemption notice with respect to all the outstanding Notes as described under Section 3.01, the Company will make an offer to purchase all of the Notes pursuant to the offer described below (the “Change of
Control Offer”) at a price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest, if any, to, but not including, the date of purchase, subject to
the right of Holders of record of the Notes at the close of business on the relevant record date to receive interest due on the relevant interest payment date falling prior to or on the purchase date. 

(b) Prior to 30 days following any Change of Control, the Company will send notice of such Change of Control Offer by first-class mail, with a
copy to the Trustee, to each Holder of Notes to the registered address of such Holder or otherwise electronically in accordance with the procedures of DTC, with the following information: 

(i) that a Change of Control Offer is being made pursuant to this Section 4.08, and that all Notes properly tendered
pursuant to such Change of Control Offer will be accepted for payment by the Company at a repurchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest to, but not including, the date of repurchase, subject
to the right of Holders of record of the Notes at the close of business on the relevant record date to receive interest due on the relevant interest payment date falling prior to or on the purchase date; 

(ii) the purchase price and the purchase date, which shall be no earlier than 30 days nor later than 60 days from the date such
notice is mailed or otherwise delivered (the “Change of Control Payment Date”); 
 (iii) that any Note not
properly tendered will remain outstanding and continue to accrue interest; 
 (iv) that unless the Company defaults in the
payment of the Change of Control Payment, all Notes accepted for payment pursuant to the Change of Control Offer will cease to accrue interest on the Change of Control Payment Date; 

(v) if such notice is delivered prior to the occurrence of a Change of Control, stating that the Change of Control Offer is
conditional on the occurrence of such Change of Control; 
 (vi) that Holders electing to have any Notes purchased pursuant
to a Change of Control Offer will be required to surrender such Notes, with the form entitled “Option of Holder to Elect Purchase” on the reverse of such Notes completed, to the Paying Agent specified in the notice at the address specified
in the notice prior to the close of business on the third Business Day preceding the Change of Control Payment Date; 

  
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 (vii) that Holders will be entitled to withdraw their tendered Notes and their
election to require the Company to purchase such Notes, provided that the Paying Agent receives, not later than the close of business on the second Business Day prior to the Change of Control Payment Date, facsimile transmission or letter
setting forth the name of the Holder of the Notes, the principal amount of Notes tendered for purchase, and a statement that such Holder is withdrawing its tendered Notes and its election to have such Notes purchased; and 

(viii) the other instructions, as determined by the Company, consistent with this Section 4.08, that a Holder must follow.

 Notes repurchased by the Company pursuant to a Change of Control Offer will have the status of Notes issued but not outstanding or will
be retired and cancelled at the option of the Company. Notes purchased by a third party pursuant to the preceding paragraph will have the status of Notes issued and outstanding. 

The notice, if sent in a manner herein provided, shall be conclusively presumed to have been given, whether or not the Holder receives such
notice. If (a) the notice is sent in a manner herein provided and (b) any Holder fails to receive such notice or a Holder receives such notice but it is defective, such Holder’s failure to receive such notice or such defect shall not
affect the validity of the proceedings for the purchase of the Notes as to all other Holders that properly received such notice without defect. 

The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder
to the extent such laws or regulations are applicable in connection with the repurchase by the Company of Notes pursuant to a Change of Control Offer. To the extent that the provisions of any securities laws or regulations conflict with the
provisions of this Indenture, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have breached its obligations described in this Indenture by virtue thereof. 

(c) On the Change of Control Payment Date, the Company shall, to the extent permitted by law, 

(1) accept for payment all Notes issued by it or portions thereof properly tendered pursuant to the Change of Control Offer;

 (2) deposit with the Paying Agent an amount equal to the aggregate Change of Control Payment in respect of all Notes or
portions thereof so tendered; and 
 (3) deliver, or cause to be delivered, to the Trustee for cancellation the Notes so
accepted together with an Officer’s Certificate to the Trustee stating that such Notes or portions thereof have been tendered to and purchased by the Company. 

(d) The Company shall not be required to make a Change of Control Offer following a Change of Control if a third party makes the Change of
Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Indenture applicable to a Change of Control Offer made by the Company and purchases all Notes validly tendered and not withdrawn under such
Change of Control Offer. Notwithstanding anything to the contrary herein, a Change of Control Offer may be made in advance of a Change of Control, conditional upon such Change of Control, if a definitive agreement is in place for the Change of
Control at the time of making of the Change of Control Offer. 
 (e) If Holders of not less than 90% in aggregate principal amount of the
outstanding Notes validly tender and do not withdraw such Notes in a Change of Control Offer and the Company, or any third party making a Change of Control Offer in lieu of the Company as described in Section 4.08(d), purchases all of the Notes
validly tendered and not withdrawn by such Holders, the Company or such third party will have the right, upon not less than 30 nor more than 60 days’ prior notice, given not more than 30 days following such purchase pursuant to the Change of
Control Offer described above, to redeem all Notes that remain outstanding following such purchase at a price in cash equal to 101% of the principal amount thereof plus accrued and unpaid interest, if any, to, but not including, the applicable
Redemption Date. 
 (f) Other than as specifically provided in this Section 4.08, any purchase pursuant to this Section 4.08 shall
be made pursuant to the provisions of Sections 3.04, 3.07 and 3.08 hereof. 

  
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 SECTION 4.09 Compliance Certificate. The Company shall deliver to the Trustee within 120
days after the end of each fiscal year of the Company, beginning with the fiscal year ending on or about December 31, 2014, a certificate (the signer of which shall be the principal executive officer, the principal financial officer or the
principal accounting officer of the Company) stating that in the course of the performance by the signer of the signer’s duties as an Officer of the Company the signer would normally have knowledge of any Default and whether or not the signer
knows of any Default that occurred during such period. If the signer knows of any such Default, the certificate shall describe such Default. The Company is also required, within ten Business Days, after becoming aware of any Default, to deliver to
the Trustee a statement specifying such Default. The Company also shall comply with Section 314(a)(4) of the Trust Indenture Act. 

SECTION 4.10 Further Instruments and Acts. The Company shall execute and deliver such further instruments and do such further acts as
may be reasonably necessary or proper to carry out more effectively the purpose of this Indenture. 
 SECTION 4.11 Future Subsidiary
Guarantors. The Company shall not permit any of its domestic Wholly-Owned Subsidiaries that are Restricted Subsidiaries (and non-Wholly-Owned Subsidiaries if such non-Wholly-Owned Subsidiaries guarantee other capital markets debt securities of
the Company or any Guarantor), other than a Guarantor or an Excluded Subsidiary, to guarantee the payment of any Indebtedness of the Company or any other Guarantor unless such Restricted Subsidiary within 30 days executes and delivers a supplemental
indenture to this Indenture, the form of which is attached as Exhibit C hereto, providing for a Guarantee by such Restricted Subsidiary pursuant to which such Restricted Subsidiary will Guarantee payment of the Notes on the same terms and conditions
as those set forth in this Indenture. 
 Notwithstanding the foregoing, each such Guarantee may be limited as necessary to recognize certain
defenses generally available to guarantors (including those that relate to fraudulent conveyance or transfer, voidable preference, financial assistance, corporate purpose, capital maintenance or similar laws, regulations or defenses affecting the
rights of creditors generally) or other considerations under applicable law. 
 Each Guarantee shall be released in accordance with
Section 10.03. 
 SECTION 4.12 Liens. The Company shall not, and shall not permit any Subsidiary Guarantor to, directly or
indirectly, create, incur, assume or suffer to exist any Lien (except Permitted Liens) that secures obligations under any Indebtedness or any related guarantee, on any asset or property of the Company or any Guarantor, or any income or profits
therefrom, or assign or convey any right to receive income therefrom, unless: 
 (i) in the case of Liens securing
Subordinated Indebtedness, the Notes and related Guarantees are secured by a Lien on such property, assets or proceeds that is senior in priority to such Liens; or 

(ii) in all other cases, the Notes or the Guarantees are equally and ratably secured, 

except that the foregoing shall not apply to or restrict (a) Liens securing the Notes and the related Guarantees and (b) Liens securing obligations
in respect of (x) Indebtedness and other obligations permitted to be incurred under Credit Facilities, including any letter of credit facility relating thereto, that was permitted by the terms of this Indenture to be incurred pursuant to
Section 4.03(b)(i) and (y) obligations of the Company or any Guarantor in respect of any Bank Products or Cash Management Services provided by any lender party to any Senior Credit Facility or any affiliate of such lender (or any Person
that was a lender or an affiliate of a lender at the time the applicable agreements pursuant to which such Bank Products or Cash Management Services are provided were entered into). 

Any Lien created for the benefit of the Holders pursuant to this Section 4.12 shall be deemed automatically and unconditionally released
and discharged upon the release and discharge of each of the Liens described in clauses (i) and (ii) above. 

  
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 The expansion of Liens by virtue of accrual of interest, the accretion of accreted value, the
payment of interest or dividends in the form of additional Indebtedness, amortization of original issue discount and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or
increases in the value of property securing Indebtedness will not be deemed to be an incurrence of Liens for purposes of this Section 4.12. 

SECTION 4.13 Maintenance of Office or Agency. 

(a) The Company shall maintain an office or agency (which may be an office of the Trustee or an affiliate of the Trustee or Registrar)
where Notes may be surrendered for registration of transfer or for exchange and where notices and demands to or upon the Company in respect of the Notes and this Indenture may be served. The Company shall give prompt written notice to the Trustee of
the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations,
surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee; provided that no service of legal process may be made against the Company at any office of the Trustee. 

(b) The Company may also from time to time designate one or more other offices or agencies where the Notes may be presented or
surrendered for any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligation to maintain an office or
agency for such purposes. The Company shall give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency. 

(c) The Company hereby designates the Corporate Trust Office of the Trustee or its agent as such office or agency of the Company in accordance
with Section 2.04. 
 SECTION 4.14 Suspension of Certain Covenants. 

(a) If, on any date following the Issue Date, (i) the Notes have an Investment Grade Rating from both Rating Agencies and
(ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”) then,
beginning on that day and continuing at all times thereafter until the Reversion Date, as defined below, the covenants specifically listed in Sections 4.03, 4.04, 4.05, 4.06, 4.07, 4.11 and clause (iv) of Section 5.01(a) of this
Indenture (collectively, the “Suspended Covenants” and each individually, a “Suspended Covenant”) will not be applicable to the Notes. In the event that the Company and the Restricted Subsidiaries are not subject to
the Suspended Covenants under this Indenture for any period of time as a result of the foregoing, and on any subsequent date (the “Reversion Date”) one or both of the Rating Agencies withdraw their Investment Grade Rating or
downgrade the rating assigned to the Notes below an Investment Grade Rating, then the Company and the Restricted Subsidiaries will thereafter again be subject to the Suspended Covenants under this Indenture with respect to future events. The period
beginning on the day of a Covenant Suspension Event and ending on a Reversion Date is referred to herein as the “Suspension Period.” 

On each Reversion Date, all Indebtedness incurred, or Disqualified Stock or Preferred Stock issued, during the Suspension Period shall be
deemed to have been outstanding on the Issue Date, so that it is classified as permitted under Section 4.03(b)(iii). Calculations made after the Reversion Date of the amount available to be made as Restricted Payments under Section 4.04
shall be made as though Section 4.04 had been in effect prior to, but not during, the Suspension Period. No Default or Event of Default will be deemed to have occurred on the Reversion Date (or thereafter) under any Suspended Covenant solely as
a result of any actions taken by the Company or the Restricted Subsidiaries, or events occurring, during the Suspension Period. On and after each Reversion Date, the Company and its Subsidiaries will be permitted to consummate the transactions
contemplated by any contract entered into during the Suspension Period (and not in contemplation of the Reversion Date) so long as such contract and such consummation would have been permitted during such Suspension Period. 

  
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 (b) For purposes of Section 4.05, on the Reversion Date, any contractual encumbrances or
restrictions of the type specified in clause (a), (b) or (c) of Section 4.05 entered into during the Suspension Period will be deemed to have been in effect on the Issue Date, so that they are permitted under clause (1) of
Section 4.05. 
 (c) For purposes of Section 4.06, on the Reversion Date, the unutilized Excess Proceeds amount will be reset to
zero. 
 (d) For purposes of Section 4.07, any Affiliate Transaction entered into after the Reversion Date pursuant to a contract,
agreement, loan, advance or guaranty with, or for the benefit of, any Affiliate of the Company entered into during the Suspension Period will be deemed to have been in effect as of the Issue Date for purposes of Section 4.07(b)(vi). Within 10
days following the Reversion Date, any Guarantees released solely upon the related Covenant Suspension Event shall be reinstated and the Company must comply with the terms of Section 4.11. 

(e) During a Suspension Period, the Company may not designate any of its Subsidiaries as Unrestricted Subsidiaries pursuant to the
second sentence of the definition of “Unrestricted Subsidiaries.” 
 (f) The Company shall deliver promptly to the
Trustee an Officer’s Certificate notifying it of the commencement or termination of any Suspension Period or any Reversion Date. The Trustee shall have no independent obligation to determine if a Suspension Period has commenced or terminated,
to notify the Holders regarding the same or to determine the consequences thereof. 
 ARTICLE 5 

SUCCESSOR COMPANY 
 SECTION
5.01 Merger, Consolidation or Sale of All or Substantially All Assets. 
 (a) The Company shall not consolidate or merge with or into
or wind up into (whether or not the Company is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets, in one or more related transactions, to any Person
unless: 
 (i) the Company is the surviving Person or the Person formed by or surviving any such consolidation or merger (if
other than the Company) or to which such sale, assignment, transfer, lease, conveyance or other disposition will have been made is a corporation, partnership, limited liability company or trust organized or existing under the laws of the United
States, any state thereof or the District of Columbia (the Company or such Person, as the case may be, being herein called the “Successor Company”); 

(ii) the Successor Company, if other than the Company, expressly assumes all the obligations of the Company under this
Indenture and the Notes pursuant to a supplemental indenture or other documents or instruments; 
 (iii) immediately after
such transaction, no Default shall have occurred and be continuing; 
 (iv) immediately after giving pro forma effect
to such transaction and any related financing transactions, as if such transactions had occurred at the beginning of the applicable four-quarter period, either: 

(A) the Successor Company would be permitted to incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge
Coverage Ratio test set forth in Section 4.03(a); or 
 (B) the Fixed Charge Coverage Ratio for the Successor Company
and its Restricted Subsidiaries would be equal to or greater than the Fixed Charge Coverage Ratio for the Company and its Restricted Subsidiaries immediately prior to such transaction; 

  
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 (v) each Guarantor, unless it is the other party to the transactions described
above, in which case Section 5.01(b)(i)(B) shall apply, shall have by supplemental indenture confirmed that its Guarantee shall apply to such Person’s obligations under this Indenture and the Notes; and 

(vi) the Successor Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel, each
stating that such consolidation, merger or transfer and such supplemental indentures, if any, comply with this Indenture. 
 The Successor
Company (if other than the Company) shall succeed to, and be substituted for the Company, as the case may be, under this Indenture and the Notes, and in such event the Company will automatically be released and discharged from its obligation under
this Indenture and the Notes. Notwithstanding the foregoing clauses (iii) and (iv) of this Section 5.01(a), (A) any Restricted Subsidiary may consolidate with or merge with or into or wind up into or sell, assign, transfer,
lease, convey or otherwise dispose of all or part of its properties and assets to the Company; (B) the Company may consolidate with or merge with or into or wind up into an Affiliate of the Company solely for the purpose of reincorporating the
Company in a state of the United States, the District of Columbia or any territory thereof, so long as the amount of Indebtedness of the Company and its Restricted Subsidiaries is not increased thereby; and (C) the Company or any of its
Subsidiaries may be converted into, or reorganized or reconstituted as a limited liability company, limited partnership or corporation in a state of the United States, the District of Columbia or any territory thereof. 

(b) Subject to Section 10.03, no Subsidiary Guarantor shall, and the Company shall not permit any Subsidiary Guarantor to, consolidate or
merge with or into or wind up into (whether or not the Company or a Subsidiary Guarantor is the surviving corporation), or sell, assign, transfer, lease, convey or otherwise dispose of all or substantially all of its properties or assets in one or
more related transactions, to any Person (other than any such sale, assignment, transfer, lease, conveyance or disposition in connection with the Transactions described in the Offering Memorandum) unless: 

(i) (A) such Subsidiary Guarantor is the surviving Person or the Person formed by or surviving any such consolidation or merger
(if other than such Subsidiary Guarantor) or to which such sale, assignment, transfer, lease, conveyance or other disposition shall have been made is a corporation, partnership or limited liability company organized or existing under the laws of the
jurisdiction of organization of such Subsidiary Guarantor, as the case may be, or under the laws of the United States, any state thereof, the District of Columbia or any territory thereof (such Subsidiary Guarantor or such Person, as the case may
be, being herein called the “Successor Person”), (B) the Successor Person (if other than such Subsidiary Guarantor) expressly assumes all the obligations of such Subsidiary Guarantor under this Indenture and such Subsidiary
Guarantor’s related Guarantee pursuant to supplemental indentures or other documents or instruments, (C) immediately after such transaction, no Default exists, and (D) the Successor Person shall have delivered to the Trustee an
Officer’s Certificate and an Opinion of Counsel, each stating that such consolidation, merger or transfer and such supplemental indentures, if any, comply with this Indenture; or 

(ii) the transaction is made in compliance with clauses (i) and (ii) of Section 4.06(a) hereof. 

Except as otherwise provided in this Indenture, the Successor Person (if other than such Subsidiary Guarantor) will succeed to, and be
substituted for, such Subsidiary Guarantor under this Indenture and such Subsidiary Guarantor’s Guarantee, and such Subsidiary Guarantor will automatically be released and discharged from its obligations under this Indenture and such Subsidiary
Guarantor’s Guarantee. Notwithstanding the foregoing, (1) any Subsidiary Guarantor may consolidate with or merge with or into or wind up into or sell, assign, transfer, lease, convey or otherwise dispose of all or part of its properties
and assets to another Subsidiary Guarantor or the Company, (2) a Subsidiary Guarantor may consolidate or merge with or into or wind up or convert into an Affiliate incorporated solely for the purpose of reincorporating such Subsidiary Guarantor
in another state of the United States or the District of Columbia so long as the amount of Indebtedness of the Subsidiary Guarantor is not increased thereby, or (3) a Subsidiary Guarantor may convert into a Person organized or existing under
the laws of a jurisdiction in the United States. 

  
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 Clauses (iii) and (iv) of Section 5.01(a) shall not apply to a sale, assignment,
transfer, conveyance or other disposition of assets between or among the Company and the Restricted Subsidiaries. 
 SECTION 5.02
Successor Corporation Substituted. Upon any consolidation or merger, or any sale, assignment, transfer, lease, conveyance or other disposition of all or substantially all of the assets of the Company in accordance with Section 5.01
hereof, the successor corporation formed by such consolidation or into or with which the Company is merged or to which such sale, assignment, transfer, lease, conveyance or other disposition is made shall succeed to, and be substituted for (so that
from and after the date of such consolidation, merger, sale, lease, conveyance or other disposition, the provisions of this Indenture referring to the Company shall refer instead to the successor corporation and not to the Company), and may exercise
every right and power of the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the predecessor Company shall not be relieved from the obligation to pay the principal of
and interest, if any, on the Notes except in the case of a sale, assignment, transfer, lease, conveyance or other disposition of all of the Company’s assets that meets the requirements of Section 5.01 hereof. 

ARTICLE 6 
 DEFAULTS AND
REMEDIES 
 SECTION 6.01 Events of Default. An “Event of Default” with respect to the Notes occurs if: 

(a) there is a default in payment when due and payable, upon redemption, acceleration or otherwise, of principal of, or
premium, if any, on the Notes; 
 (b) there is a default for 30 days or more in the payment when due of interest on or with
respect to the Notes; 
 (c) the Company fails for 90 days after receipt of written notice given by the Trustee or the
Holders of not less than 30% in principal amount of the Notes to comply with any of its obligations, covenants or agreements described in Section 4.02; 

(d) the Company or any Guarantor fails for 60 days after receipt of written notice given by the Trustee or the Holders of not
less than 30% in principal amount of the Notes to comply with any of its obligations, covenants or agreements (other than a default referred to in clauses (a), (b) and (c) above) contained in this Indenture or the Notes; 

(e) there is a default under any mortgage, indenture or instrument under which there is issued or by which there is secured or
evidenced any Indebtedness for money borrowed by the Company or any of its Restricted Subsidiaries or the payment of which is guaranteed by the Company or any of its Restricted Subsidiaries, other than Indebtedness owed to the Company or a
Restricted Subsidiary, whether such Indebtedness or guarantee now exists or is created after the issuance of the Notes, if both: 

(a) such default either results from the failure to pay any principal of such Indebtedness at its stated final maturity (after
giving effect to any applicable grace periods) or relates to an obligation other than the obligation to pay principal of any such Indebtedness at its stated final maturity and results in the holder or holders of such Indebtedness causing such
Indebtedness to become due prior to its stated maturity; and 
 (b) the principal amount of such Indebtedness, together with
the principal amount of any other such indebtedness in default for failure to pay any principal at its stated final maturity (after giving effect to any applicable grace periods), or the maturity of which has been so accelerated, aggregate $75.0
million or more at any one time outstanding; 

  
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 (f) the Company or any Significant Subsidiary, or any group of Restricted
Subsidiaries that, taken together (as of the latest audited consolidated financial statements for the Company), would constitute a Significant Subsidiary, fails to pay final judgments aggregating in excess of $75.0 million, which final judgments
remain unpaid, undischarged, unwaived and unstayed for a period of more than 90 days after such judgment becomes final, and in the event such judgment is covered by insurance, an enforcement proceeding has been commenced by any creditor upon such
judgment or decree which is not promptly stayed; 
 (g) the Company or any of its Restricted Subsidiaries that is a
Significant Subsidiary or any group of Restricted Subsidiaries that, taken together (as of the latest audited consolidated financial statements for the Company), would constitute a Significant Subsidiary, pursuant to or within the meaning of any
Bankruptcy Law: 
 (i) commences a voluntary case; 

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

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

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

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

(i) is for relief against the Company or any of its Restricted Subsidiaries that is a Significant Subsidiary or any group of
Restricted Subsidiaries that, taken together, would constitute a Significant Subsidiary, in a proceeding in which the Company or any such Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken
together (as of the latest audited consolidated financial statements for the Company), would constitute a Significant Subsidiary, is to be adjudicated bankrupt or insolvent; 

(ii) appoints a receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or any of its
Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken together (as of the latest audited consolidated financial statements for the Company), would constitute a Significant Subsidiary, or for all
or substantially all of the property of the Company or any of its Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken together (as of the latest audited consolidated financial statements for
the Company), would constitute a Significant Subsidiary; or 
 (iii) orders the liquidation of the Company or any of its
Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken together (as of the latest audited consolidated financial statements for the Company), would constitute a Significant Subsidiary; 

and the order or decree remains unstayed and in effect for 60 consecutive days; or 

(i) the Guarantee of Holdings or any Significant Subsidiary, or any group of Restricted Subsidiaries that, taken together (as
of the latest audited consolidated financial statements for the Company), would constitute a Significant Subsidiary, shall for any reason cease to be in full force and effect or any responsible officer of Holdings or any Guarantor that is a
Significant Subsidiary, or any group of Restricted Subsidiaries that, taken together (as of the latest audited consolidated financial statements for the Company), would constitute a Significant Subsidiary, as the case may be, denies that it has any
further liability under its or their Guarantee(s) or gives notice to such effect, other than by reason of the termination of this Indenture or the release of any such Guarantee in accordance with this Indenture. 

  
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 In the event of any Event of Default specified in clause (e) above, such Event of Default
and all consequences thereof (excluding any resulting payment default, other than as a result of acceleration of the Notes) shall be annulled, waived and rescinded, automatically and without any action by the Trustee or the Holders, if within 20
days after such Event of Default arose: 
 (1) the Indebtedness or guarantee that is the basis for such Event of Default has
been discharged; or 
 (2) holders thereof have rescinded or waived the acceleration, notice or action (as the case may be)
giving rise to such Event of Default; or 
 (3) the default that is the basis for such Event of Default has been cured. 

SECTION 6.02 Acceleration. If any Event of Default (other than an Event of Default specified in clause (g) or (h) of
Section 6.01 hereof with respect to the Company) occurs and is continuing under this Indenture, the Trustee or the Holders of at least 30% in principal amount of the then total outstanding Notes by notice to the Company may declare the
principal, premium, if any, interest and any other monetary obligations on all the then outstanding Notes to be due and payable immediately. Upon the effectiveness of such declaration, such principal, premium, if any, and interest shall be due and
payable immediately. 
 Notwithstanding the foregoing, in the case of an Event of Default arising under clause (g) or (h) of
Section 6.01 hereof with respect to the Company, all outstanding Notes shall be due and payable immediately without further action or notice. 

The Holders of a majority in aggregate principal amount of the then outstanding Notes by notice to the Trustee may on behalf of all of the
Holders rescind an acceleration and its consequences: 
 (1) if the rescission would not conflict with any judgment or
decree; 
 (2) if all existing Events of Default have been cured, waived, annulled or rescinded except nonpayment of
principal or interest that has become due solely because of the acceleration; 
 (3) to the extent the payment of such
interest is lawful, interest on overdue installments of interest and overdue principal, which has become due otherwise than by such declaration of acceleration, has been paid; and 

(4) if the Company has paid the Trustee its compensation and reimbursed the Trustee for its reasonable expenses, disbursements
and advances. 
 SECTION 6.03 Other Remedies. If an Event of Default with respect to the Notes occurs and is continuing, the Trustee
may pursue any available remedy at law or in equity to collect the payment of principal of or interest on the Notes or to enforce the performance of any provision of the Notes or this Indenture. 

The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the proceeding. A delay
or omission by the Trustee or any Holder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. No remedy is exclusive of any other
remedy. To the extent permitted by law, all available remedies are cumulative. 
 SECTION 6.04 Waiver of Past Defaults. Provided the
Notes are not then due and payable by reason of a declaration of acceleration, the Holders of not less than a majority in principal amount of the then outstanding Notes by written notice to the Trustee may on the behalf of all Holders waive an
existing Default or Event of Default and its consequences except (a) a continuing Default or Event of Default in the payment of the principal of or interest on a Note, (b) a continuing Default or Event of Default arising from the failure
to redeem or purchase any Note when required pursuant to the terms of this Indenture or (c) a Default in respect of a provision that under Section 9.02 

  
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cannot be amended without the consent of each Holder affected. When a Default is waived, it is deemed cured and the Company, the Trustee and the Holders will be restored to their former positions
and rights under this Indenture, but no such waiver shall extend to any subsequent or other Default or impair any consequent right. 

SECTION 6.05 Control by Majority. The Holders of a majority in principal amount of the then outstanding Notes may direct the time,
method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee. However, the Trustee may refuse to follow any direction that conflicts with law or this Indenture or,
subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of any other Holder or that would involve the Trustee in personal liability. Prior to taking any action under this Indenture, the Trustee shall be entitled
to indemnification satisfactory to it in its sole discretion against all losses and expenses caused by taking or not taking such action. 

SECTION 6.06 Limitation on Suits. 

(a) Except to enforce the right to receive payment of principal, premium (if any) or interest when due, no Holder may pursue any remedy with
respect to this Indenture or the Notes unless: 
 (i) such Holder has previously given the Trustee written notice that an
Event of Default is continuing; 
 (ii) the Holders of at least 30% in principal amount of the total outstanding Notes have
requested the Trustee, in writing, to pursue the remedy; 
 (iii) such Holders have offered the Trustee security or indemnity
satisfactory to it against any loss, liability or expense; 
 (iv) the Trustee has not complied with such request within 60
days after receipt thereof and the offer of security or indemnity; and 
 (v) Holders of a majority in principal amount of
the total outstanding Notes have not given the Trustee a written direction inconsistent with such request within such 60-day period. 
 (b)
A Holder may not use this Indenture to prejudice the rights of another Holder or to obtain a preference or priority over another Holder (it being understood that the Trustee does not have an affirmative duty to ascertain whether or not such actions
or forbearances are unduly prejudicial to such Holders). 
 SECTION 6.07 Rights of the Holders to Receive Payment. Notwithstanding
any other provision of this Indenture, the right of any Holder to receive payment of principal of and interest on the Notes held by such Holder, on or after the respective due dates expressed or provided for in the Notes, or to bring suit for the
enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder. 

SECTION 6.08 Collection Suit by Trustee. If an Event of Default specified in Section 6.01(a) or (b) occurs and is continuing
with respect to Notes, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or any Guarantor on the Notes for the whole amount then due and owing (together with interest on overdue principal and (to
the extent lawful) on any unpaid interest at the rate provided for in such Notes) and the amounts provided for in Section 7.07. 

SECTION 6.09 Trustee May File Proofs of Claim. The Trustee may file such proofs of claim and other papers or documents as may be
necessary or advisable in order to have the claims of the Trustee (including any claim for reasonable compensation, expenses disbursements and advances of the Trustee (including counsel, accountants, experts or such other professionals as the
Trustee deems necessary, advisable or appropriate)) and the Holders of Notes then outstanding allowed in any judicial proceedings relative to the Company or any Guarantor, its creditors or its property, shall be entitled to participate as a member,
voting or otherwise, of any official committee of creditors appointed in such matters and, unless prohibited by law or applicable regulations, may vote on behalf of 

  
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the Holders in any election of a trustee in bankruptcy or other Person performing similar functions, and any Custodian in any such judicial proceeding is hereby authorized by each Holder to make
payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and its counsel, and any other amounts due the Trustee under Section 7.07. 
 SECTION 6.10 Priorities. If
the Trustee collects any money or property pursuant to this Article 6 or, after an Event of Default, any money or other property distributable in respect of the Company’s obligations under this Indenture, it shall pay out the money or property
shall be paid out in the following order: 
 FIRST: to the Trustee (including any predecessor trustee) for amounts due under
Section 7.07; 
 SECOND: to the Holders for amounts due and unpaid on the Notes for principal, premium, if any, and
interest, ratably, without preference or priority of any kind, according to the amounts due and payable on the Notes for principal and interest, respectively; and 

THIRD: to the Company. 

The Trustee may fix a record date and payment date for any payment to the Holders pursuant to this Section. At least 15 days before such
record date, the Trustee shall send to each Holder and the Company a notice that states the record date, the payment date and amount to be paid. 

SECTION 6.11 Undertaking for Costs. In any suit for the enforcement of any right or remedy under this Indenture or in any suit against
the Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable
costs, including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section does not apply to a suit by
the Trustee, a suit by a Holder pursuant to Section 6.07 or a suit by Holders of more than 10% in principal amount of the Notes. 

SECTION 6.12 Waiver of Stay or Extension Laws. Neither the Company nor any Guarantor (to the extent it may lawfully do so) shall at any
time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this
Indenture; and the Company and each Guarantor (to the extent that it may lawfully do so) hereby expressly waive all benefit or advantage of any such law, and shall not hinder, delay or impede the execution of any power herein granted to the Trustee,
but shall suffer and permit the execution of every such power as though no such law had been enacted. 
 ARTICLE 7 

TRUSTEE 
 SECTION 7.01
Duties of Trustee. 
 (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers
vested in it by this Indenture and use the same degree of care and skill in their exercise as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. 

(b) Except during the continuance of an Event of Default: 

(i) the Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture and no
implied covenants or obligations shall be read into this Indenture against the Trustee (it being agreed that the permissive right of the Trustee to do things enumerated in this Indenture shall not be construed as a duty); and 

  
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 (ii) in the absence of bad faith on its part, the Trustee may conclusively rely,
as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. The Trustee shall be under no duty to make any
investigation as to any statement contained in any such instance, but may accept the same as conclusive evidence of the truth and accuracy of such statement or the correctness of such opinions. However, in the case of certificates or opinions
required by any provision hereof to be provided to it, the Trustee shall examine the certificates and opinions to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of
mathematical calculations or other facts, statements, opinions or conclusions stated therein). 
 (c) The Trustee may not be relieved from
liability for its own negligent action, its own negligent failure to act or its own willful misconduct, except that: 
 (i)
this Section 7.01(c) does not limit the effect of Sections 7.01(b) and 7.01(i); 
 (ii) the Trustee shall not be
liable for any error of judgment made in good faith by a Trust Officer unless it is proved in a court of competent jurisdiction that the Trustee was negligent in ascertaining the pertinent facts; and 

(iii) the Trustee shall not be liable with respect to any action it takes or omits to take in good faith in accordance with a
direction received by it pursuant to Section 6.05. 
 (d) Every provision of this Indenture that in any way relates to the Trustee is
subject to Sections 7.01(a), (b) and (c). 
 (e) The Trustee shall not be liable for interest on any money received by it except
as the Trustee may agree in writing with the Company. 
 (f) Money held in trust by the Trustee need not be segregated from other funds
except to the extent required by law. 
 (g) Every provision of this Indenture relating to the conduct or affecting the liability of or
affording protection to the Trustee shall be subject to the provisions of this Section and to the provisions of the Trust Indenture Act. 

(h) Unless otherwise specifically provided in this Indenture, any demand, request, direction or notice from the Company will be sufficient if
signed by an Officer of the Company. 
 (i) No provision of this Indenture shall require the Trustee to expend or risk its own funds or
otherwise incur financial liability in the performance of any of its duties hereunder or in the exercise of any of its rights or powers. 

SECTION 7.02 Rights of Trustee. 

(a) The Trustee may conclusively rely and shall be fully protected in acting or refraining from acting upon any resolution, certificate,
statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or presented by the proper
person. The Trustee need not investigate any fact or matter stated in the document. 
 (b) Before the Trustee acts or refrains from acting,
it may require an Officer’s Certificate or an Opinion of Counsel or both. The Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on the Officer’s Certificate or Opinion of Counsel. 

  
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 (c) The Trustee may act through its attorneys and agents and shall not be responsible for the
misconduct or negligence of any attorney or agent appointed with due care. 
 (d) The Trustee shall not be liable for any action it
takes, suffers or omits to take in good faith which it believes to be authorized or within its discretion, rights or powers conferred upon it by this Indenture; provided, however, that the Trustee’s conduct does not constitute
negligence, willful misconduct or bad faith. 
 (e) The Trustee may consult with counsel of its own selection and the advice or
opinion of counsel with respect to legal matters relating to this Indenture and the Notes shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by it hereunder in good faith and in
accordance with the advice or opinion of such counsel. 
 (f) The Trustee shall not be bound to make any investigation into the facts or
matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond, debenture, note or other paper or document, but the Trustee, in its discretion, may make such further inquiry or
investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or
attorney, at the expense of the Company and shall incur no liability of any kind by reason of such inquiry or investigation. 
 (g) The
Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee security
or indemnity satisfactory to the Trustee against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 

(h) The rights, privileges, protections, immunities and benefits given to the Trustee, including its right to be indemnified, are extended to,
and shall be enforceable by, the Trustee in each of its capacities hereunder, and each agent, custodian and other Person employed to act hereunder. 

(i) The Trustee shall not be liable for any action taken or omitted by it in good faith at the direction of the Holders of not less than a
majority in principal amount of the outstanding Notes as to the time, method and place of conducting any proceedings for any remedy available to the Trustee or the exercising of any power conferred by this Indenture. 

(j) Any action taken, or omitted to be taken, by the Trustee in good faith pursuant to this Indenture upon the request or authority or consent
of any person who, at the time of making such request or giving such authority or consent, is the Holder of any Note shall be conclusive and binding upon future Holders of Notes and upon Notes executed and delivered in exchange therefor or in place
thereof. 
 (k) In no event shall the Trustee be responsible or liable for special, indirect, punitive or consequential loss or damage of
any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of such loss or damage and regardless of the form of action. 

(l) The Trustee shall not be required to give any bond or surety in respect of the performance of its powers and duties hereunder. 

(m) The Trustee may request that the Company deliver a certificate setting forth the names of individuals and/or titles of officers authorized
at such time to take specified actions pursuant to this Indenture. 
 SECTION 7.03 Individual Rights of Trustee. The Trustee in its
individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent or Registrar may do the same with like
rights. However, the Trustee must comply with Sections 7.10 and 7.11. 

  
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 SECTION 7.04 Trustee’s Disclaimer. The Trustee shall not be responsible for and makes
no representation as to the validity or adequacy of this Indenture, any Guarantee or the Notes, it shall not be accountable for the Company’s use of the proceeds from the Notes, and it shall not be responsible for any statement of the Company
or any Guarantor in this Indenture or in any document issued in connection with the sale of the Notes or in the Notes other than the Trustee’s certificate of authentication. The Trustee shall not be charged with knowledge of any Default or
Event of Default unless a Trust Officer of the Trustee shall have received written notice thereof in accordance with Section 11.02 hereof from the Company, any Guarantor or any Holder at the Corporate Trust Office of the Trustee. In accepting
the trust hereby created, the Trustee acts solely as Trustee for the Holders and not in its individual capacity and all persons, including without limitation the Holders of Notes and the Company having any claim against the Trustee arising from this
Indenture shall look only to the funds and accounts held by the Trustee hereunder for payment. The Trustee shall not be responsible to make any calculation with respect to any matter under this Indenture. The Trustee shall have no duty to monitor or
investigate the Company’s compliance with or the breach of, or cause to be performed or observed, any representation, warranty, covenant or agreement of any Person, other than the Trustee, made in this Indenture. 

SECTION 7.05 Notice of Defaults. If a Default occurs and is continuing and if it is actually known to a Trust Officer of the Trustee,
the Trustee shall send to each Holder notice of the Default within the earlier of 90 days after it occurs or 30 days after it is actually known to a Trust Officer or written notice of it is received by the Trustee, or promptly after discovery or
obtaining notice if such discovery is made or notice is received 90 days after the Default occurs. Except in the case of a Default in the payment of principal of, premium (if any) or interest on any Note, the Trustee may withhold the notice if and
so long as it in good faith determines that withholding the notice is in the interests of the Holders. 
 SECTION 7.06 Reports by Trustee
to the Holders. As promptly as practicable after each October 1 beginning with the October 1 following the date of this Indenture, and in any event prior to October 1 in each year, for so long as Notes remain outstanding, the
Trustee shall send to each Holder a brief report dated as of such reporting date that complies with Section 313(a) of the Trust Indenture Act if and to the extent required thereby. The Trustee shall also comply with Section 313(b) of the
Trust Indenture Act. 
 A copy of each report at the time of its delivery to the Holders will be sent by the Trustee to the Company and
shall be filed by the Trustee with the SEC and each stock exchange (if any) on which the Notes are listed in accordance with Section 313(d) of the Trust Indenture Act. The Company agrees to notify promptly the Trustee in writing whenever the
Notes become listed on any stock exchange and of any delisting thereof. 
 SECTION 7.07 Compensation and Indemnity. The Company shall
pay to the Trustee from time to time such compensation for its services as shall be agreed in writing between the Company and the Trustee. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express
trust. The Company shall reimburse the Trustee upon request for all reasonable out-of-pocket expenses incurred or made by it, including costs of collection, in addition to the compensation for its services, except any such disbursements, advances or
expenses as may be attributable to its negligence, willful misconduct or bad faith as determined by a court of competent jurisdiction. Such expenses shall include the reasonable compensation and expenses, disbursements and advances of the
Trustee’s agents, counsel, accountants and experts. The Company and each Guarantor, jointly and severally, shall indemnify the Trustee and its officers, directors, employees and agents against any and all loss, liability, claim, damage or
expense (including reasonable attorneys’ fees and expenses) incurred by it arising out of or in connection with the acceptance or administration of this trust and the performance of its duties under this Indenture, including the costs and
expenses of enforcing this Indenture or Guarantee against the Company or a Guarantor (including this Section 7.07) and defending itself against or investigating any claim (whether asserted by the Company, any Guarantor, any Holder or any other
Person). The obligation to pay such amounts shall survive the payment in full or defeasance of the Notes or the removal or resignation of the Trustee. The Trustee shall notify the Company of any claim for which it may seek indemnity promptly upon
obtaining actual knowledge thereof; provided, however, that any failure so to notify the Company shall not relieve the Company or any Guarantor of its indemnity obligations hereunder. The Company shall defend the claim and the indemnified party
shall provide reasonable cooperation at the Company’s expense in the defense. Such indemnified parties may have separate counsel and the Company and the Guarantors, as applicable, shall pay the fees and expenses of such counsel; provided,
however, that the Company shall not be required to pay such fees and expenses if it assumes such indemnified parties’ defense and, in such indemnified parties’ reasonable judgment, there is no conflict of interest 

  
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between the Company and the Guarantors, as applicable, and such parties in connection with such defense. The Company need not reimburse any expense or indemnify against any loss, liability or
expense incurred by an indemnified party through such party’s own willful misconduct, negligence or bad faith as determined by a court of competent jurisdiction. 

To secure the Company’s and the Guarantors’ payment obligations in this Section, the Trustee shall have a Lien prior to the Notes on
all money or property held or collected by the Trustee other than money or property held in trust to pay principal of and interest on particular Notes pursuant to Article 8 hereof or otherwise. 

The Company’s and the Guarantors’ payment obligations pursuant to this Section shall survive the satisfaction or discharge of
this Indenture, any rejection or termination of this Indenture under any Bankruptcy Law or the resignation or removal of the Trustee. Without prejudice to any other rights available to the Trustee under applicable law, when the Trustee incurs
expenses after the occurrence of a Default specified in Section 6.01(g) or (h) with respect to the Company, the expenses are intended to constitute expenses of administration under the Bankruptcy Law. 

No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the
performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if adequate indemnity against such risk or liability is not assured to its satisfaction. 

“Trustee” for purposes of this Section shall include any predecessor Trustee; provided, however,
that the negligence, willful misconduct or bad faith of any Trustee hereunder shall not affect the rights of any other Trustee hereunder. 

SECTION 7.08 Replacement of Trustee. 

(a) A resignation or removal of the Trustee and appointment of a successor Trustee will become effective only upon the successor
Trustee’s acceptance of appointment as provided in this Section 7.08. 
 (b) The Trustee may resign in writing at any time and be
discharged from the trust hereby created by so notifying the Company. The Holders of a majority in aggregate principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Company in writing, and may
appoint a successor Trustee. The Company shall remove the Trustee if: 
 (i) the Trustee fails to comply with
Section 7.10; 
 (ii) the Trustee is adjudged bankrupt or insolvent, or an order for relief is entered with respect to
the Trustee under any Bankruptcy Law; 
 (iii) a receiver or other public officer takes charge of the Trustee or its
property; or 
 (iv) the Trustee otherwise becomes incapable of acting. 

(c) If the Trustee resigns, is removed by the Company or by the Holders of a majority in principal amount of the Notes and such
Holders do not reasonably promptly appoint a successor Trustee, or if a vacancy exists in the office of Trustee for any reason (the Trustee in such event being referred to herein as the retiring Trustee), the Company shall promptly appoint a
successor Trustee. 
 (d) A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee
and to the Company. Thereupon the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall mail a
notice of its succession to the Holders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the Lien provided for in Section 7.07. 

  
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 (e) If a successor Trustee does not take office within 60 days after the retiring Trustee resigns
or is removed, the retiring Trustee or the Holders of at least 10% in aggregate principal amount of the then outstanding Notes may petition at the expense of the Company any court of competent jurisdiction for the appointment of a successor Trustee.

 (f) If the Trustee fails to comply with Section 7.10, unless the Trustee’s duty to resign is stayed as provided in
Section 310(b) of the Trust Indenture Act, any Holder who has been a bona fide holder of a Note for at least six months may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee.

 (g) Notwithstanding the replacement of the Trustee pursuant to this Section, the Company’s obligations under Section 7.07 shall
continue for the benefit of the retiring Trustee. 
 SECTION 7.09 Successor Trustee by Merger. If the Trustee consolidates with,
merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor
Trustee. 
 In case at the time such successor or successors by merger, conversion or consolidation to the Trustee shall succeed to
the trusts created by this Indenture any of the Notes shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such Notes so authenticated;
and in case at that time any of the Notes shall not have been authenticated, any successor to the Trustee may authenticate such Notes either in the name of any predecessor hereunder or in the name of the successor to the Trustee; and in all such
cases such certificates shall have the full force which it is anywhere in the Notes or in this Indenture provided that the certificate of the Trustee shall have. 

SECTION 7.10 Eligibility; Disqualification. The Trustee shall at all times satisfy the requirements of Section 310(a) of the Trust
Indenture Act. The Trustee shall have a combined capital and surplus of at least $50 million as set forth in its most recent published annual report of condition. The Trustee shall comply with Section 310(b) of the Trust Indenture Act, subject
to its right to apply for a stay of its duty to resign under the penultimate paragraph of Section 310(b) of the TIA; provided, however, that there shall be excluded from the operation of Section 310(b)(1) of the Trust
Indenture Act any series of securities issued under this Indenture and any indenture or indentures under which other securities or certificates of interest or participation in other securities of the Company are outstanding if the requirements for
such exclusion set forth in Section 310(b)(1) of the Trust Indenture Act are met. 
 SECTION 7.11 Preferential Collection of Claims
Against the Company. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be
subject to Section 311(a) of the Trust Indenture Act to the extent indicated. 
 SECTION 7.12 Tax Payment and Tax Withholding
Obligations. In order to comply with applicable tax laws, rules and regulations a foreign financial institution, issuer, trustee, paying agent, holder or other institution is or has agreed to be subject to (“Applicable Law”)
related to this Indenture, the Company agrees, upon written request by the Trustee, to provide to the Trustee such requested information about such parties and/or transactions (including any modification to the terms of such transactions) so it can
determine whether it has any tax related obligations under Applicable Law that the Company has in its possession. 

  
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 ARTICLE 8 

DISCHARGE OF INDENTURE; DEFEASANCE 

SECTION 8.01 Discharge of Liability on Notes; Defeasance. This Indenture shall be discharged and shall cease to be of further effect as
to all outstanding Notes when either: 
 (a) (i) all Notes theretofore authenticated and delivered, except lost, stolen or destroyed Notes
which have been replaced or paid and Notes for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Company and thereafter repaid to the Company or discharged from trust, have been delivered to the
Trustee for cancellation; or (ii) all Notes not theretofore delivered to the Trustee for cancellation have become due and payable by reason of the making of a notice of redemption or otherwise, will become due and payable within one year or are
to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company and the Company or any Guarantor has irrevocably
deposited or caused to be deposited with the Trustee as trust funds in trust solely for the benefit of the Holders, cash in U.S. dollars, Government Securities, or a combination thereof, in such amounts as will be sufficient without consideration of
any reinvestment of interest to pay and discharge the entire indebtedness on the Notes not theretofore delivered to the Trustee for cancellation for principal, premium, if any, and accrued interest to, but not including, the date of maturity or
redemption together with irrevocable instructions from the Company to the Trustee to apply the deposited money toward the payment of the Notes at maturity or the redemption date, as the case may be; 

(b) the Company and/or the Guarantors have paid or caused to be paid all sums payable by it under this Indenture; and 

(c) the Company has delivered an Officer’s Certificate and an Opinion of Counsel to the Trustee stating that all conditions precedent to
the satisfaction and discharge have been satisfied. 
 Subject to Section 8.02, the Company may, at its option and at any time,
elect to discharge (i) all of its obligations under the Notes and this Indenture (“legal defeasance option”) or (ii) its obligations under Sections 4.02, 4.03, 4.04, 4.05, 4.06, 4.07, 4.08, 4.09, 4.11 and 4.12 for the
benefit of the Holders and the operation of Section 5.01 and Sections 6.01(c), 6.01(d), 6.01(e), 6.01(f), 6.01(g) (with respect to Significant Subsidiaries of the Company only), 6.01(h) (with respect to Significant Subsidiaries of the
Company only) and 6.01(i) (“covenant defeasance option”) for the benefit of the Holders. The Company may exercise its legal defeasance option notwithstanding its prior exercise of its covenant defeasance option. In the event that
the Company terminates all of its obligations under the Notes and this Indenture by exercising its legal defeasance option or its covenant defeasance option, the obligations of each Guarantor under its Guarantee of the Notes shall be terminated
simultaneously with the termination of such obligations so long as no Notes are then outstanding. 
 If the Company exercises its
legal defeasance option, payment of the Notes so defeased may not be accelerated because of an Event of Default. If the Company exercises its covenant defeasance option, payment of the Notes so defeased may not be accelerated because of an Event of
Default specified in Section 6.01(c), 6.01(d), 6.01(e), 6.01(f), 6.01(g) (with respect to Significant Subsidiaries of the Company only), 6.01(h) (with respect to Significant Subsidiaries of the Company only), 6.01(i) or because of the failure
of the Company to comply with subclause (a)(iv) of Section 5.01. 
 Upon satisfaction of the conditions set forth herein and upon
request of the Company, the Trustee shall acknowledge in writing the discharge of those obligations that the Company terminates. 

Notwithstanding Section 8.01(a) above, the Company’s obligations in Sections 2.04, 2.05, 2.06, 2.07, 2.08, 2.09, 7.07, 7.08 and
in this Article 8 shall survive until the Notes have been paid in full. Thereafter, the Company’s obligations in Sections 7.07, 8.05 and 8.06 shall survive such satisfaction and discharge. 

SECTION 8.02 Conditions to Defeasance. 

(a) The Company may exercise its legal defeasance option or its covenant defeasance option, in each case, with respect to the Notes only if:

 (i) the Company must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders, cash in U.S. dollars,
Government Securities, or a combination thereof, in such amounts as will be sufficient, without consideration of any reinvestment of interest, in the opinion of a nationally recognized firm of independent public accountants, investment bank or
appraisal firm, to pay the principal of, 

  
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premium, if any, and interest due on the Notes on the stated maturity date or on the redemption date, as the case may be, of such principal, premium, if any, or interest on such Notes
(provided that if such redemption is made as provided under paragraph 5 of the Note, (x) the amount of cash in U.S. dollars, Government Securities, or a combination thereof, that the Company must irrevocably deposit or cause to be
deposited will be determined using an assumed Applicable Premium calculated as of the date of such deposit and (y) the Company must irrevocably deposit or cause to be deposited additional money in trust on the redemption date as necessary to
pay the Applicable Premium as determined on such date) and the Company must specify whether such Notes are being defeased to maturity or to a particular redemption date; 

(ii) in the case of Legal Defeasance, the Company shall have delivered to the Trustee an Opinion of Counsel confirming that,
subject to customary assumptions and exclusions, (a) the Company has received from, or there has been published by, the United States Internal Revenue Service a ruling, or (b) since the issuance of the Notes, there has been a change in the
applicable U.S. federal income tax law, 
 in either case to the effect that, and based thereon such Opinion of Counsel shall confirm that,
subject to customary assumptions and exclusions, the Holders will not recognize income, gain or loss for U.S. federal income tax purposes, as applicable, as a result of such Legal Defeasance and will be subject to U.S. federal income tax on the same
amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred; 

(iii) in the case of Covenant Defeasance, the Company shall have delivered to the Trustee an Opinion of Counsel confirming
that, subject to customary assumptions and exclusions, the Holders will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such Covenant Defeasance and will be subject to such tax on the same amounts, in the same
manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; 
 (iv) no Default
(other than that resulting from borrowing funds to be applied to make such deposit and the granting of Liens in connection therewith) shall have occurred and be continuing on the date of such deposit; 

(v) such Legal Defeasance or Covenant Defeasance shall not result in a breach or violation of, or constitute a default under
the Senior Credit Facilities have been issued or any other material agreement or instrument (other than this Indenture) to which the Company or any Guarantor is a party or by which the Company or any Guarantor is bound; 

(vi) the Company shall have delivered to the Trustee an Officer’s Certificate stating that the deposit was not made by the
Company with the intent of defeating, hindering, delaying or defrauding any creditors of the Company or any Guarantor or others; and 

(vii) the Company shall have delivered to the Trustee an Officer’s Certificate and an Opinion of Counsel (which Opinion of
Counsel may be subject to customary assumptions and exclusions) each stating that all conditions precedent provided for or relating to the Legal Defeasance or the Covenant Defeasance, as the case may be, have been complied with. 

Notwithstanding the foregoing, an Opinion of Counsel required by Section 8.02(a)(ii) with respect to legal defeasance need not be
delivered if all of the Notes not theretofore delivered to the Trustee for cancellation (x) have become due and payable or (y) will become due and payable at their stated maturity within one year under arrangements satisfactory to the
Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company. 
 (b) Before or after a
deposit, the Company may make arrangements satisfactory to the Trustee for the redemption of such Notes at a future date in accordance with Article 3. 

SECTION 8.03 Application of Trust Money. The Trustee shall hold in trust money or Government Securities (including proceeds thereof)
deposited with it pursuant to this Article 8. It shall apply the deposited money and the money from Government Securities through each Paying Agent and in accordance with this Indenture to the payment of principal of and interest on the Notes so
discharged or defeased. 

  
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 SECTION 8.04 Repayment to Company. Each of the Trustee and each Paying Agent shall
promptly turn over to the Company upon written request any money or Government Securities held by it as provided in this Article which, in the written opinion of a nationally recognized firm of independent public accountants delivered to the Trustee
(which delivery shall only be required if Government Securities have been so deposited), are in excess of the amount thereof which would then be required to be deposited to effect an equivalent discharge or defeasance in accordance with this Article
8. 
 Subject to any applicable abandoned property law, the Trustee and each Paying Agent shall pay to the Company upon written request any
money held by them for the payment of principal or interest that remains unclaimed for two years, and, thereafter, Holders entitled to the money must look to the Company for payment as general creditors, and the Trustee and each Paying Agent shall
have no further liability with respect to such monies. 
 SECTION 8.05 Indemnity for Government Securities. The Company shall pay and
shall indemnify the Trustee against any tax, fee or other charge imposed on or assessed against deposited Government Securities or the principal and interest received on such Government Securities. 

SECTION 8.06 Reinstatement. If the Trustee or any Paying Agent is unable to apply any money or Government Securities in accordance with
this Article 8 by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Company’s obligations under this Indenture and
the Notes so discharged or defeased shall be revived and reinstated as though no deposit had occurred pursuant to this Article 8 until such time as the Trustee or any Paying Agent is permitted to apply all such money or Government Securities in
accordance with this Article 8; provided, however, that, if the Company has made any payment of principal of or interest on, any such Notes because of the reinstatement of its obligations, the Company shall be subrogated to the rights
of the Holders of such Notes to receive such payment from the money or Government Securities held by the Trustee or any Paying Agent. 

ARTICLE 9 
 AMENDMENTS
AND WAIVERS 
 SECTION 9.01 Without Consent of the Holders. The Company, the Guarantors (with respect to a Guarantee or this
Indenture to which it is a party) and the Trustee may amend or supplement this Indenture and any Guarantee or the Notes without the consent of any Holder: 

(i) to cure any ambiguity, omission, mistake, defect or inconsistency as certified by the Company; 

(ii) to provide for uncertificated Notes of such series in addition to or in place of certificated Notes; 

(iii) to comply with the covenant relating to mergers, consolidations and sales of assets; 

(iv) to provide for the assumption of the Company’s or any Guarantor’s obligations to the Holders in a transaction
that complies with this Indenture; 
 (v) to make any change that would provide any additional rights or benefits to the
Holders or that does not adversely affect the legal rights under this Indenture of any such Holder; 
 (vi) to add covenants
for the benefit of the Holders or to surrender any right or power conferred upon the Company or any Guarantor; 

  
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 (vii) to comply with requirements of the SEC in order to effect or maintain the
qualification of this Indenture under the Trust Indenture Act; 
 (viii) to evidence and provide for the acceptance and
appointment under this Indenture of a successor Trustee thereunder pursuant to the requirements thereof; 
 (ix) to provide
for the issuance of exchange notes or private exchange notes, which are identical to exchange notes except that they are not freely transferable; 

(x) to add a Guarantor under this Indenture or to release a Guarantor in accordance with the terms of this Indenture and to
provide for any local law restrictions required by the jurisdiction of organization of such Guarantor; 
 (xi) to conform
the text of this Indenture, the Guarantees or the Notes to any provision of the Offering Memorandum under the caption “Description of Notes” to the extent that such provision in the “Description of Notes” was
intended to be a verbatim recitation of a provision of this Indenture, the Guarantees or the Notes as certified by the Company; 

(xii) to make certain changes to this Indenture to provide for the issuance of Additional Notes; or 

(xiii) to make any amendment to the provisions of this Indenture relating to the transfer and legending of Notes as permitted
by this Indenture, including, without limitation to facilitate the issuance of the Notes and administration of this Indenture; provided, however, that (i) compliance with this Indenture as so amended would not result in Notes
being transferred in violation of the Securities Act or any applicable securities law and (ii) such amendment does not materially and adversely affect the rights of Holders to transfer Notes. 

SECTION 9.02 With Consent of the Holders. Notwithstanding Section 9.01 of this Indenture, the Company, the Guarantors and the
Trustee may amend or supplement this Indenture, the Notes or the Guarantees with the written consent of the Holders of at least a majority in principal amount of the Notes then outstanding voting as a single class (including consents obtained in
connection with a purchase of, or tender offer or exchange offer for, the Notes), and, subject to Sections 6.04 and 6.07, any past or existing Default or Event of Default (other than a Default or Event of Default in the payment of the principal
of, premium, if any, or interest on the Notes, except a payment default resulting from an acceleration that has been rescinded) or compliance with any provision of this Indenture, the Notes or the Guarantees may be waived with the consent of the
Holders of a majority in aggregate principal amount of the then outstanding Notes (including Additional Notes, if any) voting as a single class (including consents obtained in connection with the purchase of, or tender offer or exchange offer for,
the Notes). Section 2.09 and Section 11.06 shall determine which Notes are considered to be “outstanding” for the purposes of this Section 9.02. However, without the consent of each Holder of an outstanding Note affected, an
amendment or waiver may not, with respect to any Notes held by a non-consenting Holder: 
 (i) reduce the principal amount of
such Notes whose Holders must consent to an amendment, supplement or waiver; 
 (ii) reduce the principal of or change the
fixed final maturity of any such Note or alter or waive the provisions with respect to the redemption of such Notes (other than provisions relating to Sections 4.06 and 4.08); 

(iii) reduce the rate of or change the time for payment of interest on any Note; 

(iv) waive a Default in the payment of principal of or premium, if any, or interest on the Notes, except a rescission of
acceleration of the Notes by the Holders of at least a majority in aggregate principal amount of the Notes and a waiver of the payment default that resulted from such acceleration, or in respect of a covenant or provision contained in this Indenture
or any Guarantee which cannot be amended or modified without the consent of all affected Holders; 

  
 83 

 (v) make any Note payable in money other than that stated in such Note; 

(vi) make any change in the provisions of this Indenture relating to waivers of past Defaults or the rights of Holders to
receive payments of principal of or premium, if any, or interest on the Notes; 
 (vii) make any change to this
Section 9.02; 
 (viii) impair the right of any Holder to receive payment of principal of, premium, if any, and interest
on such Holder’s Notes on or after the due dates therefor or to institute suit for the enforcement of any payment on or with respect to such Holder’s Notes; 

(ix) make any change to or modify the ranking of the Notes that would materially adversely affect the Holders; or 

(x) except as expressly permitted by this Indenture, modify the Guarantee of Holdings or any Significant Subsidiary, or any
group of Restricted Subsidiaries that, taken together (as of the latest audited consolidated financial statements for the Company), would constitute a Significant Subsidiary, in any manner adverse to the Holders. 

It shall not be necessary for the consent of the Holders under this Section 9.02 to approve the particular form of any proposed
amendment, but it shall be sufficient if such consent approves the substance thereof. 
 SECTION 9.03 Compliance with Trust Indenture
Act. From the date on which this Indenture is qualified under the Trust Indenture Act, every amendment, waiver or supplement to this Indenture or the Notes shall comply with the Trust Indenture Act as then in effect. 

SECTION 9.04 Revocation and Effect of Consents and Waivers. 

(a) A consent to an amendment or a waiver by a Holder of a Note shall bind the Holder and every subsequent Holder of that Note or portion of
the Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent or waiver is not made on the Note. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s
Note or portion of the Note if the Trustee receives written notice of revocation delivered in accordance with Section 11.02 before the date on which the Trustee receives an Officer’s Certificate from the Company certifying that the
requisite principal amount of Notes have consented. After an amendment or waiver becomes effective, it shall bind every Holder. An amendment or waiver becomes effective upon the (i) receipt by the Company or the Trustee of consents by the
Holders of the requisite principal amount of securities, (ii) satisfaction of conditions to effectiveness as set forth in this Indenture and any indenture supplemental hereto containing such amendment or waiver and (iii) execution of such
amendment or waiver (or supplemental indenture) by the Company and the Trustee. 
 (b) The Company may, but shall not be obligated to, fix a
record date for the purpose of determining the Holders entitled to give their consent or take any other action described above or required or permitted to be taken pursuant to this Indenture. If a record date is fixed, then notwithstanding
Section 9.04(a), those Persons who were Holders at such record date (or their duly designated proxies), and only those Persons, shall be entitled to give such consent or to revoke any consent previously given or to take any such action, whether
or not such Persons continue to be Holders after such record date. No such consent shall be valid or effective for more than 120 days after such record date. 

SECTION 9.05 Notation on or Exchange of Notes. If an amendment, supplement or waiver changes the terms of a Note, the Company may
require the Holder to deliver it to the Trustee. The Trustee at the direction of the Company may place a notation on the Note regarding the changed terms and return it to the Holder. Alternatively, if the Company so determines, the Company in
exchange for the Note shall issue and the Trustee shall authenticate a new Note that reflects the changed terms. Failure to make a notation or to issue a new Note shall not affect the validity of such amendment, supplement or waiver. 

  
 84 

 SECTION 9.06 Trustee to Sign Amendments. The Trustee shall sign any amendment, supplement
or waiver authorized pursuant to this Article 9 if the amendment does not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may but need not sign it. In signing any amendment, supplement, or
waiver, the Trustee shall receive indemnity reasonably satisfactory to it and shall be provided with, and (subject to Section 7.01) shall be fully protected in conclusively relying upon, an Officer’s Certificate and an Opinion of Counsel
stating that such amendment, supplement or waiver is authorized or permitted by this Indenture and that such amendment, supplement or waiver is the legal, valid and binding obligation of the Company and the Guarantors, enforceable against them in
accordance with its terms, subject to customary exceptions, and complies with the provisions hereof (including Section 9.03). Notwithstanding the foregoing, an Officer’s Certificate and an Opinion of Counsel shall not be required in
connection with the addition of any Guarantor under this Indenture on the Issue Date upon execution and delivery by such Guarantor and the Trustee of a Supplemental Indenture to this Indenture. 

SECTION 9.07 Additional Voting Terms; Calculation of Principal Amount. Except as otherwise set forth herein, all Notes issued under
this Indenture shall vote and consent separately on all matters as to which any of such Notes may vote. Determinations as to whether Holders of the requisite aggregate principal amount of Notes have concurred in any direction, waiver or consent
shall be made in accordance with this Article 9 and Section 2.14. 
 ARTICLE 10 

GUARANTEES 
 SECTION 10.01
Guarantees. 
 (a) Each Guarantor hereby jointly and severally, irrevocably and unconditionally guarantees on an unsecured
basis, as a primary obligor and not merely as a surety, to each Holder and the Trustee and their successors and assigns (i) the full and punctual payment when due, whether at maturity, by acceleration or otherwise, of all obligations of the
Company under this Indenture (including obligations to the Trustee) and the Notes, whether for payment of principal of, premium, if any, or interest on, if any, the Notes and all other monetary obligations of the Company under this Indenture and the
Notes and (ii) the full and punctual performance within applicable grace periods of all other obligations of the Company whether for fees, expenses, indemnification or otherwise under this Indenture and the Notes, on the terms set forth in this
Indenture by executing this Indenture (all the foregoing being hereinafter collectively called the “Guaranteed Obligations”). 

Each Guarantor further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice or further
assent from each such Guarantor, and that each such Guarantor shall remain bound under this Article 10 notwithstanding any extension or renewal of any Guaranteed Obligation. 

(b) Each Guarantor waives presentation to, demand of payment from and protest to the Company of any of the Guaranteed Obligations and also
waives notice of protest for nonpayment. Each Guarantor waives notice of any default under the Notes or the Guaranteed Obligations. 
 (c)
Each Guarantor further agrees that its Guarantee herein constitutes a guarantee of payment, performance and compliance when due (and not a guarantee of collection) and waives any right to require that any resort be had by any Holder or the Trustee
to any security held for payment of the Guaranteed Obligations. 
 (d) Except as expressly set forth in Sections 8.01(b), 10.02 and
10.06, the obligations of each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and shall not be subject to
any defense of setoff, counterclaim, recoupment or termination whatsoever or by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. 

  
 85 

 (e) Subject to Section 10.02 hereof, each Guarantor agrees that its Guarantee shall remain
in full force and effect until payment in full of all the Guaranteed Obligations. Each Guarantor further agrees that its Guarantee herein shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part
thereof, of principal of or interest on any Guaranteed Obligation is rescinded or must otherwise be restored by any Holder or the Trustee upon the bankruptcy or reorganization of the Company or otherwise. 

(f) In furtherance of the foregoing and not in limitation of any other right which any Holder or the Trustee has at law or in equity against
any Guarantor by virtue hereof, upon the failure of the Company to pay the principal of or interest on any Guaranteed Obligation when and as the same shall become due, whether at maturity, by acceleration, by redemption or otherwise, or to perform
or comply with any other Guaranteed Obligation, each Guarantor hereby promises to and shall, upon receipt of written demand by the Trustee, forthwith pay, or cause to be paid, in cash, to the Trustee an amount equal to the sum of (i) the unpaid
principal amount of such Guaranteed Obligations, (ii) accrued and unpaid interest on such Guaranteed Obligations (but only to the extent not prohibited by applicable law) and (iii) all other monetary obligations of the Company to the
Trustee. 
 (g) Each Guarantor agrees that it shall not be entitled to any right of subrogation in relation to the Trustee in respect of any
Guaranteed Obligations guaranteed hereby until payment in full of all Guaranteed Obligations. Each Guarantor further agrees that, as between it, on the one hand, and the Trustee, on the other hand, (i) the maturity of the Guaranteed Obligations
guaranteed hereby may be accelerated as provided in Article 6 for the purposes of any Guarantee herein, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Guaranteed Obligations guaranteed
hereby, and (ii) in the event of any declaration of acceleration of such Guaranteed Obligations as provided in Article 6, such Guaranteed Obligations (whether or not due and payable) shall forthwith become due and payable by such Guarantor for
the purposes of this Section 10.01. 
 (h) Each Guarantor also agrees to pay any and all costs and expenses (including reasonable
attorneys’ fees and expenses) incurred by the Trustee or any Holder in enforcing any rights under this Section 10.01. 
 Each
Guarantor shall promptly execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purpose of this Indenture. 

SECTION 10.02 Limitation on Liability. Each Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the
intention of all such parties that the Guarantee of such Guarantor not constitute a fraudulent transfer or conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal
or state law to the extent applicable to any Guarantee. To effectuate the foregoing intention, the Trustee, the Holders and the Guarantors hereby irrevocably agree that, any term or provision of this Indenture to the contrary notwithstanding, the
maximum aggregate amount of the Guaranteed Obligations guaranteed hereunder by any Guarantor shall not exceed the maximum amount that can be hereby guaranteed without rendering this Indenture, as it relates to such Guarantor, voidable under
applicable law relating to fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally. Each Guarantor that makes a payment under its Guarantee shall be entitled upon payment in full of all Guaranteed
Obligations under this Indenture to a contribution from each other Guarantor in an amount equal to such other Guarantor’s pro rata portion of such payment based on the respective net assets of all the Subsidiary Guarantors at the time of
such payment determined in accordance with GAAP. 
 SECTION 10.03 Releases. 

(a) A Guarantee as to any Subsidiary Guarantor shall be automatically and unconditionally released and discharged upon: 

(i) (a) any sale, exchange, disposition or transfer (including through consolidation, merger or otherwise) of (x) the
Capital Stock of such Subsidiary Guarantor, after which such Subsidiary Guarantor is no longer a Restricted Subsidiary, or (y) all or substantially all the assets of such Subsidiary Guarantor, which sale, exchange, disposition or transfer in
each case is made in compliance with Section 4.06(a)(i) and (ii); (b) in the case of any Restricted Subsidiary that after the Issue Date is required to guarantee the Notes pursuant to the covenant described under Section 4.11, the
release, discharge or termination of the guarantee by such Subsidiary Guarantor of the guarantee which resulted in the creation of such Guarantees, 

  
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except a release, discharge or termination by or as a result of payment under such guarantee; (c) the release or discharge of the guarantee by, or the direct obligation of, such Subsidiary
Guarantor of the Obligations under the Senior Credit Facilities, except a discharge or release by or as a result of payment in connection with the enforcement of remedies under such guarantee or direct obligation; (d) the permitted designation
of any Restricted Subsidiary that is a Subsidiary Guarantor as an Unrestricted Subsidiary in accordance with the provision set forth under Section 4.04 and the definition of “Unrestricted Subsidiary”; (e) upon the
consolidation or merger of any Subsidiary Guarantor with and into the Company or another Subsidiary Guarantor that is the surviving Person in such consolidation or merger, or upon the liquidation of such Subsidiary Guarantor following the transfer
of all of its assets to the Company or another Subsidiary Guarantor; (f) the Company exercising its legal defeasance option or covenant defeasance option as described under Article 8 or the Company’s obligations under this Indenture being
discharged in accordance with the terms of this Indenture; or (g) the occurrence of a Covenant Suspension Event; and 

(ii) the Company delivering to the Trustee an Officer’s Certificate of such Guarantor or the Company and an Opinion of
Counsel, each stating that all conditions precedent provided for in this Indenture relating to such transaction have been complied with. 

SECTION 10.04 Successors and Assigns. This Article 10 shall be binding upon each Guarantor and its successors and assigns and shall
inure to the benefit of the successors and assigns of the Trustee and the Holders and, in the event of any transfer or assignment of rights by any Holder or the Trustee, the rights and privileges conferred upon that party in this Indenture and in
the Notes shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions of this Indenture. 

SECTION 10.05 No Waiver. Neither a failure nor a delay on the part of either the Trustee or the Holders in exercising any right,
power or privilege under this Article 10 shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. The rights, remedies and benefits of the Trustee and
the Holders herein expressly specified are cumulative and not exclusive of any other rights, remedies or benefits which either may have under this Article 10 at law, in equity, by statute or otherwise. 

SECTION 10.06 Modification. No modification, amendment or waiver of any provision of this Article 10, nor the consent to any departure
by any Guarantor therefrom, shall in any event be effective unless the same shall be in writing and signed by the Trustee, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No
notice to or demand on any Guarantor in any case shall entitle such Guarantor to any other or further notice or demand in the same, similar or other circumstances. 

SECTION 10.07 Execution of Supplemental Indenture for Future Guarantors. Each Restricted Subsidiary which is required to become a
Guarantor pursuant to Section 4.11 shall promptly execute and deliver to the Trustee a supplemental indenture in the form of Exhibit C pursuant to which such Subsidiary or other Person shall become a Guarantor under this Article 10 and shall
guarantee the Guaranteed Obligations. Concurrently with the execution and delivery of such supplemental indenture, the Company shall deliver to the Trustee an Opinion of Counsel and an Officer’s Certificate to the effect that such supplemental
indenture has been duly authorized, executed and delivered by such Restricted Subsidiary and that, subject to the application of bankruptcy, insolvency, moratorium, fraudulent conveyance or transfer and other similar laws relating to creditors’
rights generally and to the principles of equity, whether considered in a proceeding at law or in equity, the Guarantee of such Guarantor is a valid and binding obligation of such Guarantor, enforceable against such Guarantor in accordance with its
terms. Notwithstanding the foregoing, an Officer’s Certificate and an Opinion of Counsel shall not be required in connection with the addition of any Guarantor under this Indenture on the Issue Date upon execution and delivery by such Guarantor
and the Trustee of a Supplemental Indenture to this Indenture 
 SECTION 10.08 Non-Impairment. The failure to endorse a Guarantee on
any Note shall not affect or impair the validity thereof. 
 SECTION 10.09 Benefits Acknowledged. Each Guarantor acknowledges that it
will receive direct and indirect benefits from the financing arrangements contemplated by this Indenture and that the guarantee and waivers made by it pursuant to its Guarantee are knowingly made in contemplation of such benefits. 

  
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 ARTICLE 11 

MISCELLANEOUS 
 SECTION
11.01 Trust Indenture Act Controls. If and to the extent that any provision of this Indenture limits, qualifies or conflicts with the duties imposed by, or with another provision (an “incorporated provision”) included in this
Indenture by operation of, Sections 310 to 318 of the Trust Indenture Act, inclusive, such imposed duties or incorporated provision shall control. 

SECTION 11.02 Notices. 

(a) Any notice or communication by the Company, any Guarantor or the Trustee to the others is duly given if in writing and delivered in
person, via facsimile, mailed by first-class mail (registered or certified, return receipt requested) or overnight air courier guaranteeing next day delivery, to the addressed as follows:: 

if to the Company or a Guarantor: 

c/o Metaldyne Performance Group Inc. 

47659 Halyard Drive 
 Plymouth, MI
48170 
 Attn: General Counsel 

Facsimile: (734) 207-6471 

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

Weil, Gotshal & Manges LLP 

767 Fifth Avenue 
 New York, NY
10153 
 Attention: Todd R. Chandler 

Facsimile: (212) 310-8007 

if to the Trustee: 
 Wilmington
Trust, National Association 
 50 South Sixth Street, Suite 1290 

Minneapolis, Minnesota 55402 

Attn: MPG Holdco I Administrator 

Facsimile: (612) 217-5651 
 The Company, any
Guarantor or the Trustee by notice to the others may designate additional or different addresses for subsequent notices or communications. 
 All notices
and communications (other than those sent to Holders) will be deemed to have been duly given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when receipt
acknowledged, if transmitted by facsimile; and the next Business Day after timely delivery to the courier, if sent by overnight air courier guaranteeing next day delivery. 

(b) Any notice or communication mailed to a Holder shall be delivered electronically or mailed, first class mail (certified or registered,
return receipt requested), by overnight air courier guaranteeing next day delivery or emailed to the Holder at the Holder’s address as it appears on the registration books of the Registrar and shall be sufficiently given if so mailed or sent
within the time prescribed. 
 (c) Failure to mail a notice or communication to a Holder or any defect in it shall not affect its
sufficiency with respect to other Holders. If a notice or communication is mailed in the manner provided above, it is duly given, whether or not the addressee receives it. 

  
 88 

 Notwithstanding any other provision of this Indenture or any Note, where this Indenture or any
Note provides for notice of any event (including any notice of redemption) to a Holder of a Global Note (whether by mail or otherwise), such notice shall be sufficiently given if given to the Depositary for such Note (or its designee) pursuant to
the standing instructions from the Depositary (or its designee), including by electronic mail in accordance with accepted practices at the Depositary. 

Notwithstanding the foregoing, any notices or communications given to the Trustee shall be deemed effective only upon receipt by the Trustee
at its Corporate Trust Office. 
 The Trustee shall have the right, but shall not be required, to rely upon and comply with instructions and
directions sent by e-mail, facsimile and other similar unsecured electronic methods believed by it to be genuine by persons believed by the Trustee to be authorized to give instructions and directions on behalf of the Company or any Holder. The
Company agrees to assume all risks arising out of interception and misuse by third-parties of such instructions or directions sent by e-mail, facsimile or other similar unsecured electronic methods. 

SECTION 11.03 Communication by the Holders with Other Holders. The Holders may communicate pursuant to Section 312(b) of the Trust
Indenture Act with other Holders with respect to their rights under this Indenture or the Notes. The Company, the Guarantors, the Trustee, the Registrar and other Persons shall have the protection of Section 312(c) of the Trust Indenture Act.

 SECTION 11.04 Certificate and Opinion as to Conditions Precedent. Upon any request or application by the Company or any Guarantor
to the Trustee to take or refrain from taking any action under this Indenture, the Company or such Guarantor shall furnish to the Trustee: 

(a) an Officer’s Certificate in form reasonably satisfactory to the Trustee stating that, in the opinion of the signers, all conditions
precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and 
 (b) an Opinion of Counsel
in form reasonably satisfactory to the Trustee stating that, in the opinion of such counsel, all such conditions precedent have been complied with. 

SECTION 11.05 Statements Required in Certificate or Opinion. Each certificate or opinion with respect to compliance with a covenant or
condition provided for in this Indenture (other than pursuant to Section 4.09) shall include: 
 (a) a statement that the individual
making such certificate or opinion has read such covenant or condition; 
 (b) a brief statement as to the nature and scope of the
examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; 
 (c) a statement
that, in the opinion of such individual, he or she has made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been complied with (and, in the
case of an Opinion of Counsel, may be limited to reliance on an officer’s certificate as to matters of fact); and 
 (d) a
statement as to whether or not, in the opinion of such individual, such covenant or condition has been complied with; provided, however, that with respect to matters of fact an Opinion of Counsel may rely on an Officer’s
Certificate or certificates of public officials. 
 SECTION 11.06 When Notes Disregarded. In determining whether the Holders
of the required principal amount of Notes have concurred in any direction, waiver or consent, Notes owned by the Company, any Guarantor or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control
with the Company or any Guarantor shall be disregarded and deemed not to be outstanding, except that, for the purpose of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only 

  
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Notes which a Trust Officer of the Trustee actually knows are so owned shall be so disregarded. Notes so owned which have been pledged in good faith shall not be disregarded if the pledgee
establishes to the satisfaction of the Trustee the pledgee’s right to deliver any such direction, waiver or consent with respect to the Notes and that the pledgee is not the Company any Guarantor or any Person directly or indirectly controlling
or controlled by or under direct or indirect common control with the Company or any Guarantor Subject to the foregoing, only Notes outstanding at the time shall be considered in any such determination. 

SECTION 11.07 Rules by Trustee, Paying Agent and Registrar. The Trustee may make reasonable rules for action by or a meeting of the
Holders. The Registrar and a Paying Agent may make reasonable rules for their functions. 
 SECTION 11.08 Legal Holidays. If a
payment date is not a Business Day, payment shall be made on the next succeeding day that is a Business Day, and no interest shall accrue on any amount that would have been otherwise payable on such payment date if it were a Business Day for the
intervening period. If a regular record date is not a Business Day, the record date shall not be affected. 
 SECTION 11.09 GOVERNING
LAW; WAIVER OF JURY TRIAL. THIS INDENTURE AND THE NOTES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING, WITHOUT LIMITATION, SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW OR ANY
SUCCESSOR TO SUCH STATUTE). EACH OF THE COMPANY, THE GUARANTORS AND THE TRUSTEE, AND EACH HOLDER OF A NOTE BY ITS ACCEPTANCE THEREOF, HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN
ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY. 
 SECTION 11.10 No
Recourse Against Others. No past, present or future director, officer, employee, manager, incorporator, member, partner or stockholder of the Company or any Guarantor or any of their Subsidiaries or direct or indirect parent companies shall have
any liability for any obligations of the Company or the Guarantors under the Notes, the Guarantees or this Indenture or for any claim based on, in respect of, or by reason of such obligations or their creation. Each Holder of Notes by accepting a
Note waives and releases all such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws. 

SECTION 11.11 Successors. All agreements of the Company and each Guarantor in this Indenture and the Notes shall bind its successors.
All agreements of the Trustee in this Indenture shall bind its successors. 
 SECTION 11.12 Multiple Originals. The parties may sign
any number of copies of this Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. One signed copy is enough to prove this Indenture. The exchange of copies of this Indenture and of signature pages
by facsimile or email (in PDF format or otherwise) transmission shall constitute effective execution and delivery of this Indenture as to the parties hereto and may be used in lieu of the original Indenture for all purposes. Signatures of the
parties hereto transmitted by facsimile or email (in PDF format or otherwise) shall be deemed to be their original signatures for all purposes. 

SECTION 11.13 Table of Contents; Headings. The table of contents, cross-reference sheet and headings of the Articles and
Sections of this Indenture have been inserted for convenience of reference only, are not intended to be considered a part of this Indenture and shall not modify or restrict any of the terms or provisions of this Indenture. 

SECTION 11.14 Indenture Controls. If and to the extent that any provision of the Notes limits, qualifies or conflicts with a provision
of this Indenture, such provision of this Indenture shall control. 
 SECTION 11.15 Severability. In case any provision in this
Indenture 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 and such provision shall be ineffective only to the extent of such
invalidity, illegality or unenforceability. 

  
 90 

 SECTION 11.16 Force Majeure. In no event shall the Trustee be responsible or liable
for any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism,
civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or computer (software and hardware) services; it being understood that the Trustee shall use
reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 

SECTION 11.17 U.S.A. Patriot Act. The parties hereto acknowledge that in accordance with Section 326 of the U.S.A. Patriot Act,
the Trustee, like all financial institutions and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that establishes a relationship
or opens an account with the Trustee. 
 SECTION 11.18 No Adverse Interpretation of Other Agreements. This Indenture may not be used
to interpret any other indenture, loan or debt agreement of the Company or its Subsidiaries or of any other Person. Any such indenture, loan or debt agreement may not be used to interpret this Indenture. 

  
 91 

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

					
	Very truly yours,
	
	 MPG HOLDCO I INC.
 as
Company

		
	By	 	/s/ Mark Blaufuss
		 	Name:	 	Mark Blaufuss
		 	Title:	 	Chief Financial Officer, Treasurer

  
 [Signature Page
to Indenture] 

 
					
	METALDYNE PERFORMANCE GROUP INC.
		
	By	 	/s/ Mark Blaufuss
		 	Name:	 	Mark Blaufuss
		 	Title:	 	Chief Financial Officer, Treasurer

  
 [Signature Page
to Indenture] 

 
					
	ASP HHI HOLDINGS, INC.
		
	By	 	/s/ George Thanopoulos
		 	Name:	 	George Thanopoulos
		 	Title:	 	President
	
	 JERNBERG INDUSTRIES, LLC
 HHI
FORMTECH, LLC
 HHI HOLDINGS, LLC
 JERNBERG HOLDINGS, LLC

HHI FORMTECH HOLDINGS, LLC
 HHI FUNDING II, LLC

		
	By	 	/s/ George Thanopoulos
		 	Name:	 	George Thanopoulos
		 	Title:	 	Chief Executive Officer
	
	 IMPACT FORGE GROUP, LLC
 KYKLOS
BEARING INTERNATIONAL, LLC
 HHI FORGING, LLC
 FORGING HOLDINGS,
LLC
 HEPHAESTUS HOLDINGS, LLC
 IMPACT FORGE HOLDINGS, LLC

BEARING HOLDINGS, LLC
 GEARING HOLDINGS, LLC

KYKLOS HOLDINGS, LLC
 CLOYES GEAR HOLDINGS, LLC

		
	By	 	/s/ George Thanopoulos
		 	Name:	 	George Thanopoulos
		 	Title:	 	President and CEO

  
 [Signature Page
to Indenture] 

 
					
	CLOYES GEAR AND PRODUCTS, INC.
	 THE MESH COMPANY, LLC
 CLOYES
ACQUISITION COMPANY

		
	By	 	/s/ M. Trevor Myers
		 	Name:	 	M. Trevor Myers
		 	Title:	 	President and CEO
	
	 ASP MD HOLDINGS, INC.
 MD INVESTORS
CORPORATION
 METALDYNE, LLC
 METALDYNE POWERTRAIN COMPONENTS,
INC.
 PUNCHCRAFT MACHINING AND TOOLING, LLC
 METALDYNE
SINTERFORGED PRODUCTS, LLC
 METALDYNE SINTERED RIDGWAY, LLC

METALDYNE BSM, LLC
 METALDYNE M&A BLUFFTON, LLC

		
	By	 	/s/ Mark Blaufuss
		 	Name:	 	Mark Blaufuss
		 	Title:	 	Chief Financial Officer

  
 [Signature Page
to Indenture] 

 
					
	 ASP GREDE INTERMEDIATE HOLDINGS LLC

ASP GREDE ACQUISITIONCO LLC
 ASP HHI INTERMEDIATE HOLDINGS,
INC.
 ASP HHI INTERMEDIATE HOLDINGS II, INC.
 ASP HHI
ACQUISITION CO., INC.
 ASP MD INTERMEDIATE HOLDINGS, INC.
 ASP
MD INTERMEDIATE HOLDINGS II, INC.

		
	By	 	/s/ Kevin Penn
		 	Name:	 	Kevin Penn
		 	Title:	 	President
	
	 GSC RIII-GREDE CORP.
 SHOP IV
SUBSIDIARY INVESTMENT (GREDE), INC.
 GREDE MACHINING LLC

CITATION LOST FOAM PATTERNS, LLC
 GREDE WISCONSIN SUBSIDIARIES
LLC

		
	By	 	/s/ Douglas J. Grimm
		 	Name:	 	Douglas J. Grimm
		 	Title:	 	President
	
	 GREDE HOLDINGS LLC
 GREDE II
LLC

		
	By	 	/s/ Douglas J. Grimm
		 	Name:	 	Douglas J. Grimm
		 	Title:	 	Chief Executive Officer and President

  
 [Signature Page
to Indenture] 

 
					
	WILMINGTON TRUST, NATIONAL ASSOCIATION
	
	as Trustee
		
	By:	 	/s/ Timothy P. Mowdy
		 	Name:	 	Timothy P. Mowdy
		 	Title:	 	Administrative Vice President

  
 [Signature Page
to Indenture] 

 APPENDIX A 

PROVISIONS RELATING TO ORIGINAL NOTES AND ADDITIONAL NOTES 

1. Definitions. 
 1.1
Definitions. 
 For the purposes of this Appendix A the following terms shall have the meanings indicated below: 

“Definitive Notes” means a certificated Note (bearing the Restricted Securities Legend if the transfer of such Note is restricted by
applicable law) that does not include the Global Notes Legend. 
 “Depository” means The Depository Trust Company, its nominees
and their respective successors. 
 “Global Notes Legend” means the legend set forth under that caption in the applicable Exhibit
to this Indenture. 
 “IAI” means an institutional “accredited investor” as described in Rule 501(a)(1), (2),
(3) or (7) under the Securities Act. 
 “Initial Purchasers” means Deutsche Bank Securities Inc., Goldman,
Sachs & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC, Nomura Securities International, Inc. and RBC Capital Markets, LLC as initial purchasers under the
Purchase Agreement entered into in connection with the offer and sale of the Notes. 
 “Purchase Agreement” means (a) the
Purchase Agreement dated October 10, 2014, among the Company, Holdings, the Guarantors and the representatives of the Initial Purchasers and (b) any other similar Purchase Agreement relating to Additional Notes. 

“QIB” means a “qualified institutional buyer” as defined in Rule 144A. “Regulation S” means Regulation S under
the Securities Act. 
 “Regulation S Notes” means all Notes offered and sold outside the United States in reliance on Regulation
S. 
 “Restricted Period,” with respect to any Notes, means the period of 40 consecutive days beginning on and including the later
of (a) the day on which such Notes are first offered to persons other than distributors (as defined in Regulation S under the Securities Act) in reliance on Regulation S, notice of which day shall be promptly given by the Company to the
Trustee, and (b) the Issue Date, and with respect to any Additional Notes that are Transfer Restricted Notes, it means the comparable period of 40 consecutive days. 

“Restricted Notes Legend” means the legend set forth in Section 2.2(f)(i) herein. 

“Rule 144A” means Rule 144A under the Securities Act. 

“Rule 144A Notes” means all Notes offered and sold to QIBs in reliance on Rule 144A. 

“Rule 501” means Rule 501(a)(1), (2), (3) or (7) under the Securities Act. 

“Notes Custodian” means the Trustee, as custodian with respect to the Notes in global form, or any successor entity thereto. 

“Transfer Restricted Notes” means Definitive Notes and any other Notes that bear or are required to bear or are subject to the
Restricted Notes Legend. 

  
 Appendix A-1 

 “Unrestricted Definitive Note” means Definitive Notes and any other Notes that are not
required to bear, or are not subject to, the Restricted Notes Legend. 
 “Unrestricted Global Note” means Global Notes and any
other Notes that are not required to bear, or are not subject to, the Restricted Notes Legend. 
 1.2 Other Definitions. 

 

			
	 Term:
	  	Defined in Section:
	 Agent Members
	  	2.1(b)
	 Clearstream
	  	2.1(b)
	 Euroclear
	  	2.1(b)
	 Global Notes
	  	2.1(b)
	 Regulation S Global Notes
	  	2.1(b)
	 Regulation S Permanent Global Note
	  	2.1(b)
	 Regulation S Temporary Global Note
	  	2.1(b)
	 Rule 144A Global Notes
	  	2.1(b)

 2. The Notes. 

2.1 Form and Dating; Global Notes. 

(a) The Original Notes issued on the date hereof will be (i) offered and sold by the Company pursuant to the Purchase Agreement and
(ii) resold, initially only to (1) QIBs in reliance on Rule 144A and (2) Persons other than U.S. Persons (as defined in Regulation S) in reliance on Regulation S. Such Notes may thereafter be transferred to, among others, QIBs,
purchasers in reliance on Regulation S and, except as set forth below, IAIs in accordance with Rule 501. Additional Notes offered after the date hereof may be offered and sold by the Company from time to time pursuant to one or more purchase
agreements in accordance with applicable law. 
 (b) Global Notes. (i) Rule 144A Notes initially shall be represented by one or more
Notes in definitive, fully registered, global form without interest coupons (collectively, the “Rule 144A Global Notes”). 

Regulation S Notes initially shall be represented by one or more Notes in fully registered, global form without interest coupons
(collectively, the “Regulation S Temporary Global Note” and, together with the Regulation S Permanent Global Note (defined below), the “Regulation S Global Notes”), which shall be registered in the name of the Depository or the
nominee of the Depository for the accounts of designated agents holding on behalf of Euroclear Bank S.A./N.V., as operator of the Euroclear system (“Euroclear”) or Clearstream Banking, Société Anonyme
(“Clearstream”). 
 Following the termination of the Restricted Period, beneficial interests in the Regulation S Temporary Global
Note shall be exchanged for beneficial interests in a permanent Global Note (the “Regulation S Permanent Global Note”) pursuant to the applicable procedures of the Depository. Simultaneously with the authentication of the Regulation S
Permanent Global Note, the Trustee shall cancel the Regulation S Temporary Global Note. The aggregate principal amount of the Regulation S Temporary Global Note and the Regulation S Permanent Global Note may from time to time be increased or
decreased by adjustments made on the records of the Trustee and the Depository or its nominee, as the case may be, in connection with transfers of interest as hereinafter provided. 

The provisions of the “Operating Procedures of the Euroclear System” and “Terms and Conditions Governing Use of Euroclear”
and the “General Terms and Conditions of Clearstream Banking” and “Customer Handbook” of Clearstream shall be applicable to transfers of beneficial interests in the Regulation S Temporary Global Note and the Regulation S
Permanent Global Note that are held by Participants through Euroclear or Clearstream. 
 The term “Global Notes” means the Rule
144A Global Notes and the Regulation S Global Notes. The Global Notes shall bear the Global Note Legend. The Global Notes initially shall (i) be registered in the name of the Depository or the nominee of such Depository, in each case for credit
to an account of an Agent Member, (ii) be delivered to the Trustee as custodian for such Depository and (iii) bear the Restricted Notes Legend. 

  
 Appendix A-2 

 Members of, or direct or indirect participants in, the Depository shall have no rights under this
Indenture with respect to any Global Note held on their behalf by the Depository, or the Trustee as its custodian, or under the Global Notes. The Depository may be treated by the Company, the Trustee and any agent of the Company or the Trustee as
the absolute owner of the Global Notes for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee from giving effect to any written certification,
proxy or other authorization furnished by the Depository, or impair, as between the Depository and its Agent Members, the operation of customary practices governing the exercise of the rights of a Holder of any Note. 

(ii) Transfers of Global Notes shall be limited to transfer in whole, but not in part, to the Depository, its successors or
their respective nominees. Interests of beneficial owners in the Global Notes may be transferred or exchanged for Definitive Notes only in accordance with the applicable rules and procedures of the Depository and the provisions of Section 2.2.
In addition, a Global Note shall be exchangeable for Definitive Notes if (x) the Depository (1) notifies the Company that it is unwilling or unable to continue as depository for such Global Note and the Company thereupon fails to appoint a
successor depository within 90 days or (2) has ceased to be a clearing agency registered under the Exchange Act, (y) the Company, at its option, notifies the Trustee that it elects to cause the issuance of Definitive Notes or
(z) there shall have occurred and be continuing an Event of Default with respect to such Global Note and the Depositary shall have requested such exchange; provided that in no event shall the Regulation S Temporary Global Note be exchanged by
the Company for Definitive Notes prior to (x) the expiration of the Restricted Period and (y) the receipt by the Registrar of any certificates required pursuant to Rule 903(b)(3)(ii)(B) under the Securities Act. In all cases, Definitive
Notes delivered in exchange for any Global Note or beneficial interests therein shall be registered in the names, and issued in any approved denominations, requested by or on behalf of the Depository in accordance with its customary procedures. 

(iii) In connection with the transfer of a Global Note as an entirety to beneficial owners pursuant to subsection (i) of
this Section 2.1(b), such Global Note shall be deemed to be surrendered to the Trustee for cancellation, and the Company shall execute, and the Trustee shall authenticate and make available for delivery, to each beneficial owner identified by
the Depository in writing in exchange for its beneficial interest in such Global Note, an equal aggregate principal amount of Definitive Notes of authorized denominations. 

(iv) Any Transfer Restricted Note delivered in exchange for an interest in a Global Note pursuant to Section 2.2 shall,
except as otherwise provided in Section 2.2, bear the Restricted Notes Legend. 
 (v) Notwithstanding the foregoing,
through the Restricted Period, a beneficial interest in such Regulation S Global Note may be held only through Euroclear or Clearstream unless delivery is made in accordance with the applicable provisions of Section 2.2. 

(vi) The Holder of any Global Note may grant proxies and otherwise authorize any Person, including Agent Members and Persons
that may hold interests through Agent Members, to take any action which a Holder is entitled to take under this Indenture or the Notes. 

2.2 Transfer and Exchange. 

(a) Transfer and Exchange of Global Notes. A Global Note may not be transferred as a whole except as set forth in Section 2.1(b).
Global Notes will not be exchanged by the Company for Definitive Notes except under the circumstances described in Section 2.1(b)(ii). Global Notes also may be exchanged or replaced, in whole or in part, as provided in Sections 2.08 and
2.10 of this Indenture. Beneficial interests in a Global Note may be transferred and exchanged as provided in Section 2.2(b), 2.2(c) or 2.2(g). 

  
 Appendix A-3 

 (b) Transfer and Exchange of Beneficial Interests in Global Notes. The transfer and
exchange of beneficial interests in the Global Notes shall be effected through the Depository, in accordance with the provisions of this Indenture and the applicable rules and procedures of the Depository. Beneficial interests in Restricted Global
Notes shall be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act. Beneficial interests in Global Notes shall be transferred or exchanged only for beneficial interests in Global
Notes. Transfers and exchanges of beneficial interests in the Global Notes also shall require compliance with either subparagraph (i) or (ii) below, as applicable, as well as one or more of the other following subparagraphs, as applicable:

 (i) Transfer of Beneficial Interests in the Same Global Note. Beneficial interests in any Restricted Global Note
may be transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Note in accordance with the transfer restrictions set forth in the Restricted Notes Legend; provided, however, that prior to
the expiration of the Restricted Period, transfers of beneficial interests in a Regulation S Global Note may not be made to a U.S. Person or for the account or benefit of a U.S. Person (other than an Initial Purchaser). A beneficial interest in an
Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No written orders or instructions shall be required to be delivered to the Registrar to effect the
transfers described in this Section 2.2(b)(i). 
 (ii) All Other Transfers and Exchanges of Beneficial Interests in
Global Notes. In connection with all transfers and exchanges of beneficial interests in any Global Note that is not subject to Section 2.2(b)(i), the transferor of such beneficial interest must deliver to the Registrar (1) a written
order from an Agent Member given to the Depository in accordance with the applicable rules and procedures of the Depository directing the Depository to credit or cause to be credited a beneficial interest in another Global Note in an amount equal to
the beneficial interest to be transferred or exchanged and (2) instructions given in accordance with the applicable rules and procedures of the Depository containing information regarding the Agent Member account to be credited with such
increase. Upon satisfaction of all of the requirements for transfer or exchange of beneficial interests in Global Notes contained in this Indenture and the Notes or otherwise applicable under the Securities Act, the Trustee shall adjust the
principal amount of the relevant Global Note pursuant to Section 2.2(g). 
 (iii) Transfer of Beneficial Interests to
Another Restricted Global Note. A beneficial interest in a Transfer Restricted Global Note may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Transfer Restricted Global Note if the transfer
complies with the requirements of Section 2.2(b)(ii) above and the Registrar receives the following: 
 (A) if the
transferee will take delivery in the form of a beneficial interest in a Rule 144A Global Note, then the transferor must deliver a certificate in the form attached to the applicable Note; and 

(B) if the transferee will take delivery in the form of a beneficial interest in a Regulation S Global Note, then the
transferor must deliver a certificate in the form attached to the applicable Note. 
 (iv) Transfer and Exchange of
Beneficial Interests in a Transfer Restricted Global Note for Beneficial Interests in an Unrestricted Global Note. A beneficial interest in a Transfer Restricted Global Note may be exchanged by any holder thereof for a beneficial interest in an
Unrestricted Global Note or transferred to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note if the exchange or transfer complies with the requirements of Section 2.2(b)(ii) above and the
Registrar receives the following: 
 (1) if the holder of such beneficial interest in a Restricted Global Note proposes to
exchange such beneficial interest for a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form attached to the applicable Note; or 

  
 Appendix A-4 

 (2) if the holder of such beneficial interest in a Restricted Global Note
proposes to transfer such beneficial interest to a Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note, a certificate from such holder in the form attached to the applicable Note, 

and, in each such case, if the Company so requests or if the applicable rules and procedures of the Depository so require, an Opinion of Counsel in form
reasonably acceptable to the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Restricted Notes Legend are no longer required in order to
maintain compliance with the Securities Act. If any such transfer or exchange is effected pursuant to this subparagraph (iv) at a time when an Unrestricted Global Note has not yet been issued, the Company shall issue and, upon receipt of an
Authentication Order, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the aggregate principal amount of beneficial interests transferred or exchanged pursuant to this subparagraph (iv).

 (v) Transfer and Exchange of Beneficial Interests in an Unrestricted Global Note for Beneficial Interests in a
Restricted Global Note. Beneficial interests in an Unrestricted Global Note cannot be exchanged for, or transferred to Persons who take delivery thereof in the form of, a beneficial interest in a Restricted Global Note. 

(c) Transfer and Exchange of Beneficial Interests in Global Notes for Definitive Notes. A beneficial interest in a Global Note may not
be exchanged for a Definitive Note except under the circumstances described in Section 2.1(b)(ii). A beneficial interest in a Global Note may not be transferred to a Person who takes delivery thereof in the form of a Definitive Note except
under the circumstances described in Section 2.1(b)(ii). In any case, beneficial interests in Global Notes shall be transferred or exchanged only for Definitive Notes. 

(d) Transfer and Exchange of Definitive Notes for Beneficial Interests in Global Notes. Transfers and exchanges of beneficial interests
in the Global Notes also shall require compliance with either subparagraph (i), (ii), (iii) or (iv) below, as applicable: 

(i) Transfer Restricted Notes to Beneficial Interests in Restricted Global Notes. If any Holder of a Transfer Restricted
Note proposes to exchange such Transfer Restricted Note for a beneficial interest in a Restricted Global Note or to transfer such Transfer Restricted Note to a Person who takes delivery thereof in the form of a beneficial interest in a Restricted
Global Note, then, upon receipt by the Registrar of the following documentation: 
 (A) if the Holder of such Transfer
Restricted Note proposes to exchange such Transfer Restricted Note for a beneficial interest in a Restricted Global Note, a certificate from such Holder in the form attached to the applicable Note; 

(B) if such Transfer Restricted Note is being transferred to a Qualified Institutional Buyer in accordance with Rule 144A under
the Securities Act, a certificate from such Holder in the form attached to the applicable Note; 
 (C) if such Transfer
Restricted Note is being transferred to a Non-U.S. Person in an offshore transaction in accordance with Rule 903 or Rule 904 under the Securities Act, a certificate from such Holder in the form attached to the applicable Note; 

(D) if such Transfer Restricted Note is being transferred pursuant to an exemption from the registration requirements of the
Securities Act in accordance with Rule 144 under the Securities Act, a certificate from such Holder in the form attached to the applicable Note; 

(E) if such Transfer Restricted Note is being transferred to an Institutional Accredited Investor in reliance on an exemption
from the registration requirements of the Securities Act other than those listed in subparagraphs (B) through (D) above, a certificate from such Holder in the form attached to the applicable Note, including the certifications, certificates
and Opinion of Counsel, if applicable; or 
 (F) if such Transfer Restricted Note is being transferred to the Company or a
Subsidiary thereof, a certificate from such Holder in the form attached to the applicable Note; 

  
 Appendix A-5 

 the Trustee shall cancel the Transfer Restricted Note, and increase or cause to be increased the aggregate
principal amount of the appropriate Restricted Global Note. 
 (ii) Transfer Restricted Notes to Beneficial Interests in
Unrestricted Global Notes. A Holder of a Transfer Restricted Note may exchange such Transfer Restricted Definitive Note for a beneficial interest in an Unrestricted Global Note or transfer such Transfer Restricted Note to a Person who takes
delivery thereof in the form of a beneficial interest in an Unrestricted Global Note only if the Registrar receives the following: 

(1) if the Holder of such Transfer Restricted Note proposes to exchange such Transfer Restricted Note for a beneficial interest
in an Unrestricted Global Note, a certificate from such Holder in the form attached to the applicable Note; or 
 (2) if the
Holder of such Transfer Restricted Notes proposes to transfer such Transfer Restricted Note to a Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note, a certificate from such Holder in the form
attached to the applicable Note, 
 and, in each such case, if the Company so requests or if the applicable rules and procedures of the Depository so
require, an Opinion of Counsel in form reasonably acceptable to the Company to the effect that such exchange or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Restricted Notes
Legend are no longer required in order to maintain compliance with the Securities Act. Upon satisfaction of the conditions of this subparagraph (ii), the Trustee shall cancel the Transfer Restricted Notes and increase or cause to be increased the
aggregate principal amount of the Unrestricted Global Note. If any such transfer or exchange is effected pursuant to this subparagraph (ii) at a time when an Unrestricted Global Note has not yet been issued, the Company shall issue and, upon
receipt of an Authentication Order, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the aggregate principal amount of Transfer Restricted Notes transferred or exchanged pursuant to this
subparagraph (ii). 
 (iii) Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A
Holder of an Unrestricted Definitive Note may exchange such Unrestricted Definitive Note for a beneficial interest in an Unrestricted Global Note or transfer such Unrestricted Definitive Note to a Person who takes delivery thereof in the form of a
beneficial interest in an Unrestricted Global Note at any time. Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate
principal amount of one of the Unrestricted Global Notes. If any such transfer or exchange is effected pursuant to this subparagraph (iii) at a time when an Unrestricted Global Note has not yet been issued, the Company shall issue and, upon
receipt of an Authentication Order, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the aggregate principal amount of Unrestricted Definitive Notes transferred or exchanged pursuant to
this subparagraph (iii). 
 (iv) Unrestricted Definitive Notes to Beneficial Interests in Restricted Global Notes. An
Unrestricted Definitive Note cannot be exchanged for, or transferred to a Person who takes delivery thereof in the form of, a beneficial interest in a Restricted Global Note. 

(e) Transfer and Exchange of Definitive Notes for Definitive Notes. Upon request by a Holder of Definitive Notes and such Holder’s
compliance with the provisions of this Section 2.2(e), the Registrar shall register the transfer or exchange of Definitive Notes. Prior to such registration of transfer or exchange, the requesting Holder shall present or surrender to the
Registrar the Definitive Notes duly endorsed or accompanied by a written 

  
 Appendix A-6 

 
instruction of transfer in form satisfactory to the Registrar duly executed by such Holder or by its attorney, duly authorized in writing. In addition, the requesting Holder shall provide any
additional certifications, documents and information, as applicable, required pursuant to the following provisions of this Section 2.2(e). 

(i) Transfer Restricted Notes to Transfer Restricted Notes. A Transfer Restricted Note may be transferred to and registered in
the name of a Person who takes delivery thereof in the form of a Transfer Restricted Note if the Registrar receives the following: 

(A) if the transfer will be made pursuant to Rule 144A under the Securities Act, then the transferor must deliver a certificate
in the form attached to the applicable Note; 
 (B) if the transfer will be made pursuant to Rule 903 or Rule 904 under the
Securities Act, then the transferor must deliver a certificate in the form attached to the applicable Note; 
 (C) if the
transfer will be made pursuant to an exemption from the registration requirements of the Securities Act in accordance with Rule 144 under the Securities Act, a certificate in the form attached to the applicable Note; 

(D) if the transfer will be made to an IAI in reliance on an exemption from the registration requirements of the Securities Act
other than those listed in subparagraphs (A) through (C) above, a certificate in the form attached to the applicable Note; and 

(E) if such transfer will be made to the Company or a Subsidiary thereof, a certificate in the form attached to the applicable
Note. 
 (ii) Transfer Restricted Notes to Unrestricted Definitive Notes. Any Transfer Restricted Note may be exchanged by
the Holder thereof for an Unrestricted Definitive Note or transferred to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note only if the Registrar receives the following: 

(A) if the Holder of such Transfer Restricted Note proposes to exchange such Transfer Restricted Note for an Unrestricted
Definitive Note, a certificate from such Holder in the form attached to the applicable Note; or 
 (B) if the Holder of such
Transfer Restricted Note proposes to transfer such Notes to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such Holder in the form attached to the applicable Note, 

and, in each such case, if the Company so requests, an Opinion of Counsel in form reasonably acceptable to the Company to the effect that such exchange or
transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Restricted Notes Legend are no longer required in order to maintain compliance with the Securities Act. 

(iii) Unrestricted Definitive Notes to Unrestricted Definitive Notes. A Holder of an Unrestricted Definitive Note may transfer
such Unrestricted Definitive Notes to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note at any time. Upon receipt of a request to register such a transfer, the Registrar shall register the Unrestricted Definitive
Notes pursuant to the instructions from the Holder thereof. 
 (iv) Unrestricted Definitive Notes to Transfer Restricted
Notes. An Unrestricted Definitive Note cannot be exchanged for, or transferred to a Person who takes delivery thereof in the form of, a Transfer Restricted Note. 

  
 Appendix A-7 

 At such time as all beneficial interests in a particular Global Note have been exchanged for
Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note shall be returned to or retained and canceled by the Trustee in accordance with Section 2.11. At any time
prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for Definitive Notes, the principal
amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect such reduction; and if the beneficial
interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global Note shall be increased accordingly and an endorsement shall be made on such
Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect such increase. 
 (f) Legend. 

(i) Except as permitted by the following paragraph (ii), each Note certificate evidencing the Global Notes and the Definitive
Notes (and all Notes issued in exchange therefor or in substitution thereof) shall bear a legend in substantially the following form (each defined term in the legend being defined as such for purposes of the legend only): 

“THE NOTE (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE NOTE EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH
PURCHASER OF THE NOTE EVIDENCED HEREBY IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A THEREUNDER. THE HOLDER OF THE NOTE EVIDENCED HEREBY AGREES FOR THE
BENEFIT OF THE COMPANY THAT (A) SUCH NOTE MAY BE RESOLD, PLEDGED OR OTHERWISE TRANSFERRED, ONLY (1)(a) INSIDE THE UNITED STATES TO A PERSON WHO THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED IN RULE 144A
UNDER THE SECURITIES ACT) PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A UNDER THE SECURITIES ACT, (b) OUTSIDE THE UNITED STATES TO A FOREIGN PERSON IN
A TRANSACTION MEETING THE REQUIREMENTS OF RULE 903 OR RULE 904 OF REGULATION S UNDER THE SECURITIES ACT, (c) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF APPLICABLE) OR (d) IN
ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY IF THE COMPANY SO REQUESTS), (2) TO THE COMPANY OR (3) PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT AND, IN EACH CASE, IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION AND (B) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED TO, NOTIFY ANY
PURCHASER OF THE NOTE EVIDENCED HEREBY OF THE RESALE RESTRICTIONS SET FORTH IN CLAUSE (A) ABOVE. NO REPRESENTATION CAN BE MADE AS TO THE AVAILABILITY OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALE OF THE NOTE EVIDENCED HEREBY.” 

Each Temporary Regulation S Note shall bear the following additional legend: 

“THE NOTE (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION ORIGINALLY EXEMPT FROM REGISTRATION UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE NOTE 

  
 Appendix A-8 

 
EVIDENCED HEREBY MAY NOT BE TRANSFERRED IN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, ANY U.S. PERSON EXCEPT PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS
OF THE SECURITIES ACT AND ALL APPLICABLE STATE SECURITIES LAWS. TERMS USED ABOVE HAVE THE MEANINGS GIVEN TO THEM IN REGULATION S UNDER THE SECURITIES ACT.” 

Each Global Note shall bear the following additional legends: 

“UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION
(“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.” 
 “TRANSFERS OF THIS GLOBAL NOTE SHALL BE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO DTC, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF.” 
 (ii) Upon any sale or transfer of a
Transfer Restricted Note that is a Definitive Note, the Registrar shall permit the Holder thereof to exchange such Transfer Restricted Note for a Definitive Note that does not bear the legends set forth above and rescind any restriction on the
transfer of such Transfer Restricted Note if the Holder certifies in writing to the Registrar that its request for such exchange was made in reliance on Rule 144 (such certification to be in the form set forth on the reverse of the Note). 

(iii) Upon a sale or transfer after the expiration of the Restricted Period of any Note acquired pursuant to Regulation S, all
requirements that such Note bear the Restricted Notes Legend shall cease to apply and the requirements requiring any such Note be issued in global form shall continue to apply. 

(iv) Any Additional Notes sold in a registered offering shall not be required to bear the Restricted Notes Legend. 

(g) Cancellation or Adjustment of Global Note. At such time as all beneficial interests in a particular Global Note have been exchanged
for Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note shall be returned to or retained and canceled by the Trustee in accordance with Section 2.11 of this
Indenture. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for Definitive
Notes, the principal amount of Notes represented by such Global Note shall be reduced accordingly and an endorsement shall be made on such Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect such reduction; and
if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global Note shall be increased accordingly and an endorsement shall
be made on such Global Note by the Trustee or by the Depository at the direction of the Trustee to reflect such increase. 

  
 Appendix A-9 

 (h) Obligations with Respect to Transfers and Exchanges of Notes. 

(i) To permit registrations of transfers and exchanges, the Company shall execute and the Trustee shall authenticate,
Definitive Notes and Global Notes at the Registrar’s request. 
 (ii) No service charge shall be made for any
registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any transfer tax, assessments, or similar governmental charge payable in connection therewith (other than any such transfer taxes, assessments or
similar governmental charge payable upon exchanges pursuant to Sections 3.06, 4.06, 4.08 and 9.05 of this Indenture). 

(iii) Prior to the due presentation for registration of transfer of any Note, the Company, the Trustee, a Paying Agent or the
Registrar may deem and treat the person in whose name a Note is registered as the absolute owner of such Note for the purpose of receiving payment of principal of and interest on such Note and for all other purposes whatsoever, whether or not such
Note is overdue, and none of the Company, the Trustee, the Paying Agent or the Registrar shall be affected by notice to the contrary. 

(iv) All Notes issued upon any transfer or exchange pursuant to the terms of this Indenture shall evidence the same debt and
shall be entitled to the same benefits under this Indenture as the Notes surrendered upon such transfer or exchange. 
 (i) No Obligation
of the Trustee. 
 (i) The Trustee shall have no responsibility or obligation to any beneficial owner of a Global Note, a
member of, or a participant in the Depository or any other Person with respect to the accuracy of the records of the Depository or its nominee or of any participant or member thereof, with respect to any ownership interest in the Notes or with
respect to the delivery to any participant, member, beneficial owner or other Person (other than the Depository) of any notice (including any notice of redemption or repurchase) or the payment of any amount, under or with respect to such Notes. All
notices and communications to be given to the Holders and all payments to be made to the Holders under the Notes shall be given or made only to the registered Holders (which shall be the Depository or its nominee in the case of a Global Note). The
rights of beneficial owners in any Global Note shall be exercised only through the Depository subject to the applicable rules and procedures of the Depository. The Trustee may conclusively rely and shall be fully protected in so relying upon
information furnished by the Depository with respect to its members, participants and any beneficial owners. 
 (ii) The
Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any
transfers between or among Depository participants, members or beneficial owners in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when
expressly required by, the terms of this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. 

  
 Appendix A-10 

 EXHIBIT A 

[FORM OF FACE OF NOTE] 
 [Global
Notes Legend] 
 UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK
CORPORATION (“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO., OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS
WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. 
 TRANSFERS OF THIS GLOBAL NOTE SHALL BE
LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO DTC, TO NOMINEES OF DTC OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL NOTE SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE
RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF. 
 [Restricted Notes Legend] 

THE NOTE (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER SECTION 5 OF THE UNITED
STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE NOTE EVIDENCED HEREBY MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN APPLICABLE EXEMPTION THEREFROM. EACH PURCHASER OF
THE NOTE EVIDENCED HEREBY IS HEREBY NOTIFIED THAT THE SELLER MAY BE RELYING ON THE EXEMPTION FROM THE PROVISIONS OF SECTION 5 OF THE SECURITIES ACT PROVIDED BY RULE 144A THEREUNDER. THE HOLDER OF THE NOTE EVIDENCED HEREBY AGREES FOR THE BENEFIT OF
THE COMPANY THAT (A) SUCH NOTE MAY BE RESOLD, PLEDGED OR OTHERWISE TRANSFERRED, ONLY (1)(a) INSIDE THE UNITED STATES TO A PERSON WHO THE SELLER REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER (AS DEFINED IN RULE 144A UNDER THE
SECURITIES ACT) PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER IN A TRANSACTION MEETING THE REQUIREMENTS OF RULE 144A UNDER THE SECURITIES ACT, (b) OUTSIDE THE UNITED STATES TO A FOREIGN PERSON IN A
TRANSACTION MEETING THE REQUIREMENTS OF RULE 903 OR RULE 904 OF REGULATION S UNDER THE SECURITIES ACT, (c) PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER (IF APPLICABLE) OR (d) IN
ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY IF THE COMPANY SO REQUESTS), (2) TO THE COMPANY OR (3) PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT AND, IN EACH CASE, IN ACCORDANCE WITH ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES OR ANY OTHER APPLICABLE JURISDICTION AND (B) THE HOLDER WILL, AND EACH SUBSEQUENT HOLDER IS REQUIRED TO, NOTIFY ANY
PURCHASER OF THE NOTE EVIDENCED HEREBY OF THE RESALE RESTRICTIONS SET FORTH IN CLAUSE (A) ABOVE. NO REPRESENTATION CAN BE MADE AS TO THE AVAILABILITY OF THE EXEMPTION PROVIDED BY RULE 144 FOR RESALE OF THE NOTE EVIDENCED HEREBY. 

Each Temporary Regulation S Note shall bear the following additional legend: 

“THE NOTE (OR ITS PREDECESSOR) EVIDENCED HEREBY WAS ORIGINALLY ISSUED IN A TRANSACTION ORIGINALLY EXEMPT FROM REGISTRATION UNDER THE U.S. SECURITIES ACT
OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND THE NOTE EVIDENCED HEREBY MAY NOT BE 

  
 A-1 

 
TRANSFERRED IN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, ANY U.S. PERSON EXCEPT PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND
ALL APPLICABLE STATE SECURITIES LAWS. TERMS USED ABOVE HAVE THE MEANINGS GIVEN TO THEM IN REGULATION S UNDER THE SECURITIES ACT.” 

  
 A-2 

 [FORM OF NOTE] 
  

			
	No.	  	$            

 7.375% Senior Notes due 2022 

CUSIP No.                  

ISIN No.                     

MPG Holdco I Inc., a Delaware corporation, promises to pay to Cede & Co., or registered assigns, the principal sum of Dollars [, as
the same may be revised from time to time on the Schedule of 
 Increases or Decreases in Global Note attached hereto,]1 on October 15, 2022. 
 Interest Payment Dates: April 15 and October 15

 Record Dates: April 1 and October 1 

Additional provisions of this Note are set forth on the other side of this Note. 

 
  

	1 	Use the Schedule of Increases and Decreases language if Security is in Global Form. 

  
 A-3 

 IN WITNESS WHEREOF, the parties have caused this instrument to be duly executed. 

 

			
	MPG HOLDCO I INC.
		
	By:  	 	 
		 	Name:
		 	Title:

  
 A-1 

			
	TRUSTEE’S CERTIFICATE OF AUTHENTICATION
	
	WILMINGTON TRUST, NATIONAL ASSOCIATION,
	 as Trustee, certifies that this is

	 one of the Notes

	 referred to in the Indenture.

			
		
	By:  	 	 
		 	Authorized Signatory

 Dated: 
  

	*/	If the Note is to be issued in global form, add the Global Notes Legend and the attachment from Exhibit A captioned “TO BE ATTACHED TO GLOBAL NOTES—SCHEDULE OF INCREASES OR DECREASES IN GLOBAL
NOTE.” 

  
 A-2 

 [FORM OF REVERSE SIDE OF NOTE] 

7.375% Senior Notes due 2022 

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

 

	1.	Interest  

 MPG Holdco I Inc., a Delaware corporation (the “Company”), promises
to pay interest on the principal amount of this Note at the rate per annum shown above. The Company shall pay interest semiannually in arrears on April 15 and October 15 of each year, commencing April 15, 2015.2 Interest on the Notes shall accrue from the most recent date to which interest has been paid or duly provided for or, if no interest has been paid or duly provided for, October 20, 20143 until the principal hereof is due. Interest shall be computed on the basis of a 360-day year of twelve 30-day months. The Company shall pay interest on overdue principal at the rate borne by the
Notes, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful. 
  

	2.	Method of Payment  

 The Company shall pay interest on the Notes (except defaulted
interest) to the Persons who are registered Holders at the close of business on the April 1 and October 1 preceding the interest payment date (whether or not a Business Day). Holders must surrender Notes to the Paying Agent to collect
principal payments. The Company shall pay principal, premium, if any, and interest in money of the United States of America that at the time of payment is legal tender for payment of public and private debts. Payments in respect of the Notes
represented by a Global Note (including principal, premium, if any, and interest) shall be made by wire transfer of immediately available funds to the accounts specified by The Depository Trust Company or any successor depositary. The Company shall
make all payments in respect of a certificated Note (including principal, premium, if any, and interest) at the office of the Paying Agent, except that, at the option of the Company, payment of interest may be made through the Paying Agent by
mailing a check to the registered address of each Holder thereof; provided, however, that payments on the Notes may also be made, in the case of a Holder of at least $1,000,000 aggregate principal amount of Notes, by wire transfer to a U.S. dollar
account maintained by the payee with a bank in the United States if such Holder elects payment by wire transfer by giving written notice to the Trustee or Paying Agent to such effect designating such account no later than 30 days immediately
preceding the relevant due date for payment (or such other date as the Trustee may accept in its discretion). 
  

	3.	Paying Agent and Registrar 

 Initially, Wilmington Trust, National Association (the
“Trustee”), will act as Paying Agent and Registrar. The Company may appoint and change any Paying Agent or Registrar without notice. The Company or any of its domestically incorporated Wholly-Owned Subsidiaries may act as Paying Agent or
Registrar. 
  

	4.	Indenture  

 The Company issued the Notes under an Indenture dated as of October 20,
2014 (the “Indenture”), among the Company, the Guarantors party thereto from time to time and the Trustee. The terms of the Notes include those stated in the Indenture and those expressly made part of the Indenture by reference to the
Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the date of the Indenture (the “Trust Indenture Act”). Terms defined in the Indenture and not defined herein have the meanings ascribed thereto in the
Indenture. The Notes are subject to all terms and provisions of the Indenture, and the Holders are referred to the Indenture and the Trust Indenture Act for a statement of such terms and provisions. 

 
  

	2 	Note: With respect to the Original Notes. 

	3 	Note: With respect to the Original Notes. 

  
 A-3 

 The Notes are senior unsecured obligations of the Company. This Note is one of the Original Notes
referred to in the Indenture. The Notes include the Original Notes and any Additional Notes. The Original Notes and any Additional Notes are treated as a single class of securities under the Indenture. The Indenture imposes certain limitations on
the ability of the Company and its Restricted Subsidiaries to, among other things, make certain Investments and other Restricted Payments, pay dividends and other distributions, incur Indebtedness, enter into consensual restrictions upon the payment
of certain dividends and distributions by such Restricted Subsidiaries, issue or sell shares of capital stock of the Company and such Restricted Subsidiaries, enter into or permit certain transactions with Affiliates, create or incur Liens and make
Asset Sales. The Indenture also imposes limitations on the ability of the Company and each Guarantor to consolidate or merge with or into any other Person or convey, transfer or lease all or substantially all of its property. 

To guarantee the due and punctual payment of the principal and interest on the Notes and all other amounts payable by the Company under the
Indenture and the Notes when and as the same shall be due and payable, whether at maturity, by acceleration or otherwise, according to the terms of the Notes and the Indenture, the Guarantors party to the Indenture from time to time will, jointly
and severally, irrevocably and unconditionally guarantee the Guaranteed Obligations on a senior unsecured basis pursuant to the terms of the Indenture. 
  

	5.	Redemption 

 Optional Redemption 

(a) Except as set forth in the following paragraphs, the Notes shall not be redeemable at the option of the Company prior to October 15,
2017. On October 15, 2017 or thereafter, the Company may redeem Notes, at its option, in whole at any time or in part from time to time, upon notice as described under Section 3.04, at a redemption price equal to 100% of the principal
amount of the Notes plus the Applicable Premium as of, and accrued and unpaid interest, if any, to, but not including, the date of redemption, subject to the rights of Holders of record at the close of business on the relevant record date to receive
interest due on the relevant interest payment date falling prior to or on the redemption date. 
 On and after October 15, 2017, the
Company may redeem the Notes, at its option, in whole at any time or in part from time to time, upon notice as described under Section 3.04, at the redemption prices (expressed as percentages of principal amount of the Notes to be redeemed) set
forth below, plus accrued and unpaid interest thereon, if any, to, but not including, the applicable date of redemption, subject to the right of Holders of record at the close of business on the relevant record date to receive interest due on the
relevant interest payment date falling prior to or on the redemption date, if redeemed during the twelve-month period beginning on October 15 of each of the years indicated below: 

 

					
	 Year
	  	Redemption Price	 
	 2017
	  	 	105.531	% 
	 2018
	  	 	103.688	% 
	 2019
	  	 	101.844	% 
	 2020 and thereafter
	  	 	100.000	% 

 (b) In addition, until October 15, 2017, the Company may, at its option, on one or more occasions
redeem up to 40% of the aggregate principal amount of Notes (calculated after giving effect to any issuance of any Additional Notes) at a redemption price equal to 107.375% of the aggregate principal amount thereof, plus accrued and unpaid interest
thereon, if any, to, but not including, the applicable Redemption Date, subject to the right of Holders of record at the close of business on the relevant record date to receive interest due on the relevant interest payment date falling prior to or
on the redemption date, with the net cash proceeds of one or more Equity Offerings; provided that at least 50% of the sum of the aggregate principal amount of Notes originally issued under the Indenture and any Notes that are issued under the
Indenture after the Issue Date remains outstanding immediately after the occurrence of each such redemption; provided further that each such redemption occurs within 90 days of the date of closing of each such Equity Offering upon not less
than 30 nor more than 60 days’ notice sent to each Holder of Notes being redeemed and otherwise in accordance with the procedures set forth in the Indenture. 

  
 A-4 

 (c) Notice of any redemption of Notes described above may be given prior to such redemption, and
any such redemption or notice may, at the Company’s discretion, be subject to one or more conditions precedent, including, but not limited to, completion of the relevant Equity Offering, other offering or other transaction or event. In
addition, if such redemption is subject to satisfaction of one or more conditions precedent, such notice shall describe each such condition and, if applicable, shall state that, in the Company’s discretion, the Redemption Date may be delayed
until such time as any or all such conditions shall be satisfied, or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the Redemption Date, or by the
Redemption Date as so delayed. In addition, the Company may provide in such notice that payment of the redemption price and performance of the Company’s obligations with respect to such redemption may be performed by another Person. 

(d) The Trustee shall select the Notes to be redeemed in the manner described under Section 3.04. 

 

	6.	Sinking Fund 

 The Notes are not subject to any sinking fund. 

 

	7.	Notice of Redemption  

 At least 30 days but not more than 60 days prior to a redemption
date pursuant to the optional redemption provisions of Paragraph 5 of the Note, the Company shall mail or cause to be mailed by first-class mail (or otherwise delivered in accordance with the procedures of DTC) a notice of redemption to each Holder
whose Notes are to be redeemed at such Holder’s registered address (except that such notice of redemption may be mailed (or otherwise delivered in accordance with the procedures of DTC) more than 60 days prior to a redemption date if the notice
is issued in connection with Section 8.01). Notes in denominations larger than $2,000 may be redeemed in part but only in whole multiples of $1,000. If money sufficient to pay the redemption price of and accrued and unpaid interest on all Notes
(or portions thereof) to be redeemed on the redemption date is deposited with a Paying Agent on or before the redemption date and certain other conditions are satisfied, on and after such date, interest ceases to accrue on such Notes (or such
portions thereof) called for redemption. 
  

	8.	Repurchase of Notes at the Option of the Holders upon Change of Control and Asset Sales  

Upon the occurrence of a Change of Control, each Holder shall have the right, subject to certain conditions specified in the Indenture, to
cause the Company to repurchase all or any part of such Holder’s Notes at a purchase price in cash equal to 101% of the principal amount thereof, plus accrued and unpaid interest, if any, to the date of repurchase (subject to the right of the
Holders of record of the Notes at the close of business on the relevant record date to receive interest due on the relevant interest payment date), as provided in, and subject to the terms of, the Indenture. 

In accordance with Section 4.06 of the Indenture, the Company will be required to offer to purchase Notes upon the occurrence of certain
events. 
  

	9.	Denominations; Transfer; Exchange  

 The Notes are in registered form, without coupons,
in denominations of $2,000 and any integral multiple of $1,000. A Holder shall register the transfer of or exchange of Notes in accordance with the Indenture. Upon any registration of transfer or exchange, the Registrar and the Trustee may require a
Holder, among other things, to furnish appropriate endorsements or transfer documents and to pay any taxes required by law or permitted by the Indenture. The Registrar need not register the transfer of or exchange any Notes selected for redemption
(except, in the case of a Note to be redeemed in part, the portion of the Note not to be redeemed) or to transfer or exchange any Notes for a period of 15 days prior to the mailing of a notice of redemption of Notes to be redeemed. 

 

	10.	Persons Deemed Owners  

 The registered Holder of this Note shall be treated as the owner
of it for all purposes. 

  
 A-5 

	11.	Unclaimed Money  

 If money for the payment of principal or interest remains unclaimed
for two years, the Trustee and a Paying Agent shall pay the money back to the Company at its written request unless an abandoned property law designates another Person. After any such payment, the Holders entitled to the money must look to the
Company for payment as general creditors and the Trustee and a Paying Agent shall have no further liability with respect to such monies. 
  

	12.	Discharge and Defeasance  

 Subject to certain conditions and as set forth in the
Indenture, the Company at any time may terminate some of or all of its obligations under the Notes and the Indenture if the Company deposits with the Trustee money or Government Securities for the payment of principal and interest on the Notes to
redemption or maturity, as the case may be. 
  

	13.	Amendment; Waiver 

 Subject to certain exceptions set forth in the Indenture,
(i) the Indenture, or the Notes may be amended with the written consent of the Holders of at least a majority in aggregate principal amount of the outstanding Notes (voting as a single class) and (ii) any past default or compliance with
any provisions may be waived with the written consent of the Holders of at least a majority in principal amount of the outstanding Notes. Subject to certain exceptions set forth in the Indenture, without the consent of any Holder, the Company and
the Trustee may amend the Indenture or the Notes (i) to cure any ambiguity, omission, mistake, defect or inconsistency as certified by the Company; (ii) to provide for uncertificated Notes of such series in addition to or in place of
certificated Notes; (iii) to comply with the covenant relating to mergers, consolidations and sales of assets; (iv) to provide for the assumption of the Company’s or any Guarantor’s obligations to the Holders in a transaction
that complies with the Indenture; (v) to make any change that would provide any additional rights or benefits to the Holders or that does not adversely affect the legal rights under the Indenture of any such Holder; (vi) to add covenants
for the benefit of the Holders or to surrender any right or power conferred upon the Company or any Guarantor; (vii) to comply with requirements of the SEC in order to effect or maintain the qualification of the Indenture under the Trust
Indenture Act; (viii) to evidence and provide for the acceptance and appointment under the Indenture of a successor Trustee thereunder pursuant to the requirements thereof; (ix) to provide for the issuance of exchange notes or private
exchange notes, which are identical to exchange notes except that they are not freely transferable; (x) to add a Guarantor under the Indenture or to release a Guarantor in accordance with the terms of the Indenture and to provide for any local
law restrictions required by the jurisdiction of organization of such Guarantor; (xi) to conform the text of the Indenture, the Guarantees or the Notes to any provision of the Offering Memorandum under the caption “Description of
Notes” to the extent that such provision in the “Description of Notes” was intended to be a verbatim recitation of a provision of the Indenture, the Guarantees or the Notes as certified by the Company; (xii) to make
certain changes to the Indenture to provide for the issuance of Additional Notes; or (xiii) to make any amendment to the provisions of the Indenture relating to the transfer and legending of Notes as permitted by the Indenture, including,
without limitation to facilitate the issuance of the Notes and administration of the Indenture; provided, however, that (i) compliance with the Indenture as so amended would not result in Notes being transferred in violation of the Securities
Act or any applicable securities law and (ii) such amendment does not materially and adversely affect the rights of Holders to transfer Notes. 
  

	14.	Defaults and Remedies  

 If an Event of Default (other than a Default relating to certain
events of bankruptcy, insolvency or reorganization of the Company) occurs and is continuing, the Trustee or the Holders of at least 30% in principal amount of outstanding Notes by notice to the Company, may declare the principal of, premium, if any,
interest and any other monetary obligations on all the Notes to be due and payable immediately. Upon such a declaration, such principal and interest shall be due and payable immediately. If an Event of Default relating to certain events of
bankruptcy, insolvency or reorganization of the Company occurs, the principal of, premium, if any, and interest on all the Notes shall become immediately due and payable without any declaration or other act on the part of the Trustee or any Holders.
Under certain circumstances, the Holders of a majority in principal amount of outstanding Notes may rescind any such acceleration with respect to the Notes and its consequences. 

  
 A-6 

 If an Event of Default occurs and is continuing, the Trustee shall be under no obligation to
exercise any of the rights or powers under the Indenture at the request or direction of any of the Holders unless such Holders have offered to the Trustee indemnity or security satisfactory to it against any loss, liability or expense. Except to
enforce the right to receive payment of principal, premium (if any) or interest when due, no Holder may pursue any remedy with respect to the Indenture or the Notes unless (i) such Holder has previously given the Trustee written notice that an
Event of Default is continuing, (ii) the Holders of at least 30% in principal amount of the outstanding Notes have requested the Trustee, in writing, to pursue the remedy, (iii) such Holders have offered the Trustee security or indemnity
satisfactory to it against any loss, liability or expense, (iv) the Trustee has not complied with such request within 60 days after the receipt of the request and the offer of security or indemnity and (v) the Holders of a majority in
principal amount of the outstanding Notes have not given the Trustee a written direction inconsistent with such request within such 60-day period. Subject to certain restrictions, the Holders of a majority in principal amount of the outstanding
Notes are given the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee. The Trustee, however, may refuse to follow any
direction that conflicts with law or the Indenture or that the Trustee determines is unduly prejudicial to the rights of any other Holder or that would involve the Trustee in personal liability. Prior to taking any action under the Indenture, the
Trustee shall be entitled to indemnification satisfactory to it in its sole discretion against all losses and expenses that may be caused by taking or not taking such action. 

The Company is required to deliver to the Trustee, annually, a certificate indicating whether the signer thereof knows of any Default that
occurred during the previous year. 
  

	15.	Trustee Dealings with the Company  

 Subject to certain limitations imposed by the Trust
Indenture Act, the Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Company or its Affiliates and may otherwise deal
with the Company or its Affiliates with the same rights it would have if it were not Trustee. 
  

	16.	No Recourse Against Others  

 No past, present or future director, officer, employee,
manager, incorporator, member, partner or stockholder of the Company or any Guarantor or any of their Subsidiaries or direct or indirect parent companies shall have any liability for any obligations of the Company or the Guarantors under the Notes,
the Guarantees or the Indenture or for any claim based on, in respect of, or by reason of such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver and release are part of the
consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws. 
  

	17.	Authentication  

 This Note shall not be valid until an authorized signatory of the
Trustee (or an authenticating agent) manually signs the certificate of authentication on the other side of this Note. 
  

	18.	Abbreviations  

 Customary abbreviations may be used in the name of a Holder or an
assignee, such as TEN COM (=tenants in common), TEN ENT (=tenants by the entireties), JT TEN (=joint tenants with rights of survivorship and not as tenants in common), CUST (=custodian), and U/G/M/A (=Uniform Gift to Minors Act). 

 

	19.	Governing Law  

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

  
 A-7 

	20.	CUSIP Numbers; ISINs  

 The Company has caused CUSIP numbers and ISINs to be printed on
the Notes and has directed the Trustee to use CUSIP numbers and ISINs in notices of redemption as a convenience to the Holders. No representation is made as to the accuracy of such numbers either as printed on the Notes or as contained in any notice
of redemption and reliance may be placed only on the other identification numbers placed thereon. 
 The Company will furnish to any
Holder of Notes upon written request and without charge to the Holder a copy of the Indenture which has in it the text of this Note. 

  
 A-8 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 
 I or we assign and
transfer this Note to: 
  
  

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

 

                          
              (Insert assignee’s soc. sec. or tax identification No.) 
 and
irrevocably appoint                      as agent to transfer this Note on the books of the Company. The agent may substitute another to act
for him. 
  
  

											
	Date:  	  	 	  		  	 	Your Signature:	  	  	 

  
  

Sign exactly as your name appears on the other side of this Note. 
  

									
	Signature Guarantee:	  		  	Signature of Signature Guarantee:	  	 

 Date:
                                         
                                      

Signature must be guaranteed by a participant in 
 a recognized
signature guaranty medallion program 
 or other signature guarantor program reasonably 

acceptable to the Trustee 

  
 A-9 

 MPG Holdco I Inc. 

Attention: 
 Facsimile: (734) 207-6471 

Wilmington Trust, National Association 
 50 South Sixth Street,
Suite 1290 
 Minneapolis, Minnesota 55402 
 Attn: MPG Holdco I
Administrator 
 Facsimile: (612) 217-5651 

CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR 

REGISTRATION OF TRANSFER RESTRICTED NOTES 
 This
certificate relates to $             principal amount of Notes held in (check applicable space)              book
entry or              definitive form by the undersigned. 
 The undersigned (check one
box below): 
  ̈ has requested the Trustee by written order to deliver in exchange for its beneficial
interest in the Global Note held by the Depository a Note or Notes in definitive, registered form of authorized denominations and an aggregate principal amount equal to its beneficial interest in such Global Note (or the portion thereof indicated
above); 
  ̈ has requested the Trustee by written order to exchange or register the transfer of a Note or
Notes. 
 In connection with any transfer of any of the Notes evidenced by this certificate occurring prior to the expiration of the period referred to in
Rule 144(k) under the Securities Act, the undersigned confirms that such Notes are being transferred in accordance with its terms: 
 CHECK ONE BOX BELOW

  

					
	(1)	 	 ̈	  	to the Company or subsidiary thereof; or
			
	(2)	 	 ̈	  	to the Registrar for registration in the name of the Holder, without transfer; or
			
	(3)	 	 ̈	  	inside the United States to a “qualified institutional buyer” (as defined in Rule 144A under the Securities Act of 1933) that purchases for its own account or for the account of a qualified institutional buyer to whom
notice is given that such transfer is being made in reliance on Rule 144A, in each case pursuant to and in compliance with Rule 144A under the Securities Act of 1933; or
			
	(4)	 	 ̈	  	outside the United States in an offshore transaction within the meaning of Regulation S under the Securities Act in compliance with Rule 904 under the Securities Act of 1933 and such Note shall be held immediately after the transfer
through Euroclear or Clearstream until the expiration of the Restricted Period (as defined in the Indenture); or
			
	(5)	 	 ̈	  	to an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act of 1933) that has furnished to the Trustee a signed letter containing certain representations and
agreements in the form attached as Exhibit B to the Indenture; or
			
	(6)	 	 ̈	  	pursuant to another available exemption from registration provided by Rule 144 under the Securities Act of 1933.

  
  
  

 
  

  
 A-10 

 Unless one of the boxes is checked, the Trustee will refuse to register any of the Notes evidenced by this
certificate in the name of any Person other than the registered Holder thereof; provided, however, that if box (4), (5) or (6) is checked, the Company or the Trustee may require, prior to registering any such transfer of the Notes, such
legal opinions, certifications and other information as the Company or the Trustee have reasonably requested to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject to, the registration requirements
of the Securities Act of 1933. 
  

									
	Date:                                   
      	  		  	Your Signature:                              
                  
	Signature Guarantee:	  		  	Signature of Signature Guarantee:                   
				
	Date:                                   
      	  		  		  	

 Signature must be guaranteed by a participant in 

a recognized signature guaranty medallion program 
 or other
signature guarantor program reasonably 
 acceptable to the Trustee 

TO BE COMPLETED BY PURCHASER IF (3) ABOVE IS CHECKED. 

The undersigned represents and warrants that it is purchasing this Note for its own account or an account with respect to which it exercises
sole investment discretion and that it and any such account is a “qualified institutional buyer” within the meaning of Rule 144A, and is aware that the sale to it is being made in reliance on Rule 144A and acknowledges that it has received
such information regarding the Company as the undersigned has requested pursuant to Rule 144A or has determined not to request such information and that it is aware that the transferor is relying upon the undersigned’s foregoing representations
in order to claim the exemption from registration provided by Rule 144A. 
  

									
	Date:
                                        
	  		  		  	 
		  		  		  	NOTICE: To be executed by an executive officer

  
 A-11 

 [TO BE ATTACHED TO GLOBAL NOTES] 

SCHEDULE OF INCREASES OR DECREASES IN GLOBAL NOTE 

The initial principal amount of this Global Note is $            . The
following increases or decreases in this Global Note have been made: 
  

									
	 Date of Exchange
	 	 Amount of decrease

in Principal Amount
 of this Global
Note
	 	 Amount of increase

in Principal Amount
 of this Global
Note
	 	 Principal amount of

this Global Note
 following such

decrease or increase
	 	 Signature of

authorized signatory
 of Trustee or
Notes
 Custodian

  
 A-12 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you want to elect to have this Note purchased by the Company pursuant to Section 4.06 (Asset Sale Offer) or 4.08 (Change of Control Offer) of the
Indenture, check the box: 
  

									
	Asset Sale	  	 ̈	  		  	Change of Control	  	 ̈

 If you want to elect to have only part of this Note purchased by the Company pursuant to Section 4.06
(Asset Sale Offer) or 4.08 (Change of Control Offer) of the Indenture, state the amount ($2,000 or any integral multiple of $1,000): 
 $ 

 

									
	Date:                                     
        	  		  		  	Your Signature:                                 
                    
	Signature Guarantee:	  		  		  	(Sign exactly as your name appears on the
other side of this Note)
	Signature Guarantee:                 	  		  		  		  	

 Signature must be guaranteed by a participant in 

a recognized signature guaranty medallion program 
 or other
signature guarantor program reasonably 
 acceptable to the Trustee 

  
 A-13 

 EXHIBIT B 

[FORM OF] 
 TRANSFEREE LETTER OF
REPRESENTATION 
 Wilmington Trust, National Association 
 50
South Sixth Street, Suite 1290 
 Minneapolis, Minnesota 55402 

Attn: MPG Holdco I Administrator 
 Facsimile: (612) 217-5651

 This certificate is delivered to request a transfer of $600,000,000 principal amount of the 7.375% Senior Notes due 2022 (the
“Notes”) of MPG Holdco I Inc., a Delaware corporation (the “Company”). 
 Upon transfer, the Notes would be registered in
the name of the new beneficial owner as follows: 
 Name:
                                         
          
 Address:
                                         
      
 Taxpayer ID Number:
                         

The undersigned represents and warrants to you that: 

(1) We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act
of 1933, as amended (the “Securities Act”)), purchasing for our own account or for the account of such an institutional “accredited investor” at least $100,000 principal amount of the Notes, and we are acquiring the Notes not
with a view to, or for offer or sale in connection with, any distribution in violation of the Securities Act. We have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of our
investment in the Notes, and we invest in or purchase Notes similar to the Notes in the normal course of our business. We, and any accounts for which we are acting, are each able to bear the economic risk of our or its investment. 

(2) We understand that the Notes have not been registered under the Securities Act and, unless so registered, may not be sold except as
permitted in the following sentence. We agree on our own behalf and on behalf of any investor account for which we are purchasing Notes to offer, sell or otherwise transfer such Notes prior to the date that is two years after the later of the date
of original issue and the last date on which the Company or any affiliate of such Company was the owner of such Notes (or any predecessor thereto) (the “Resale Restriction Termination Date”) only (a) in the United States to a person
whom we reasonably believe is a qualified institutional buyer (as defined in Rule 144A under the Securities Act) in a transaction meeting the requirements of Rule 144A, (b) outside the United States in an offshore transaction in accordance with
Rule 904 of Regulation S under the Securities Act, (c) pursuant to an exemption from registration under the Securities Act provided by Rule 144 thereunder (if applicable) or (d) pursuant to an effective registration statement under the
Securities Act, in each of cases (a) through (d) in accordance with any applicable securities laws of any state of the United States. In addition, we will, and each subsequent holder is required to, notify any purchaser of the Note
evidenced hereby of the resale restrictions set forth above. The foregoing restrictions on resale will not apply subsequent to the Resale Restriction Termination Date. If any resale or other transfer of the Notes is proposed to be made to an
institutional “accredited investor” prior to the Resale Restriction Termination Date, the transferor shall deliver a letter from the transferee substantially in the form of this letter to the Company and the Trustee, which shall provide,
among other things, that the transferee is an institutional “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act and that it is acquiring such Notes for investment purposes and not
for distribution in violation of the Securities Act. Each purchaser acknowledges that the Company and the Trustee reserve the right prior to the offer, sale or other transfer prior to the Resale Restriction Termination Date of the Notes pursuant to
clause 2(b), 2(c) or 2(d) above to require the delivery of an opinion of counsel, certifications or other information satisfactory to the Company and the Trustee. 

  
 B-1 

 
			
	Dated:
                                         
   
		
		 	TRANSFEREE:
                                         
               .
		
		 	By:
                                         
                                   

  
 B-2 

 EXHIBIT C 

[FORM OF SUPPLEMENTAL INDENTURE]4 

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) dated as of
[                    ], among the new guarantors named in the signature pages hereto (the “Guarantors”)5 and Wilmington Trust, National Association, as trustee (the “Trustee”) under the Indenture dated as of October 20, 2014 among MPG Holdco I Inc., a Delaware corporation (the
“Company”), [                            ], a Delaware corporation, and the Trustee (as amended,
supplemented or otherwise modified, the “Indenture”). 
 W I T N E S S E T H : 

WHEREAS the Company has heretofore executed and delivered to the Trustee the Indenture, providing initially for the issuance of $600,000,000
in aggregate principal amount of the Company’s 7.375% Senior Notes due 2022 (the “Notes”); 
 WHEREAS Sections 4.11 and
10.07 of the Indenture provide that under certain circumstances the Company is required to cause the Guarantors to execute and deliver to the Trustee a supplemental indenture pursuant to which the Guarantors shall unconditionally guarantee all the
Company’s Obligations under the Notes and the Indenture pursuant to a Guarantee on the terms and conditions set forth herein; and 

WHEREAS pursuant to Section 9.01 of the Indenture, the Trustee and the Company are 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 Guarantors, the Company and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders as follows: 

1. Defined Terms. As used in this Supplemental Indenture, terms defined in the Indenture or in the preamble or recital hereto are used
herein as therein defined, except that the term “Holders” in this Guarantee shall refer to the term “Holders” as defined in the Indenture and the Trustee acting on behalf of and for the benefit of such Holders. The words
“herein,” “hereof” and “hereby” and other words of similar import used in this Supplemental Indenture refer to this Supplemental Indenture as a whole and not to any particular section hereof. 

2. Guarantee. The Guarantors hereby, jointly and severally with all existing Guarantors (if any), irrevocably and unconditionally
guarantee the Company’s Obligations under the Notes and the Indenture on the terms and subject to the conditions set forth in the Indenture, including, but not limited to, Article 10 of the Indenture, and to be bound by all other applicable
provisions of the Indenture and the Notes and to perform all of the obligations and agreements of a Guarantor under the Indenture. 
 3.
Releases. A Guarantee as to any Guarantor shall terminate and be of no further force or effect and such Guarantor shall be deemed to be released from all obligations as provided in Section 10.03 of the Indenture. 

4. Notices. All notices or other communications to the Guarantors shall be given as provided in Section 11.02 of the Indenture.

 5. Ratification of Indenture; Supplemental Indentures Part of Indenture. Except as expressly amended and supplemented hereby, the
Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every Holder of
Notes heretofore or hereafter authenticated and delivered shall be bound hereby. 
  

	4 	May include any relevant local law restrictions. 

	5 	 It shall not be required that any existing guarantors be party to a supplemental indenture to add new guarantors.

  
 C-1 

 6. No Recourse Against Others. No past, present or future director, officer, employee,
manager, incorporator, agent or holder of any Equity Interests in the Company or of the Guarantors or any direct or indirect parent corporation, as such, shall have any liability for any obligations of the Company and the Guarantors under the Notes,
the 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. Each Holder of Notes by accepting a Note waives and releases all such liability. The waiver
and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws. 

7. Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW
YORK. EACH OF THE NEW GUARANTOR AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS SUPPLEMENTAL INDENTURE, THE
INDENTURE, THE NOTES OR THE TRANSACTION CONTEMPLATED HEREBY. 
 8. Trustee Makes No Representation. The Trustee makes no
representation as to the validity or sufficiency of this Supplemental Indenture. 
 9. Multiple Originals. 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. One signed copy is enough to prove this Supplemental Indenture. The exchange of copies of this
Supplemental Indenture and of signature pages by facsimile or email (in PDF format or otherwise) shall constitute effective execution and delivery of this Supplemental Indenture as to the parties hereto and may be used in lieu of the original
Supplemental Indenture for all purposes. Signatures of the parties hereto transmitted by facsimile or email (in PDF format or otherwise) shall be deemed to be their original signatures for all purposes. 

10. Effect of Headings. The Section headings herein are for convenience only and shall not affect the construction thereof. 

11. 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 or statements contained herein, all of which recitals and statements are made solely by the Guarantors. 

12. Successors. All agreements of the Guarantors in this Supplemental Indenture shall bind its successors. All agreements of the
Trustee in this Indenture shall bind its successors. 

  
 C-2 

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

			
	[NEW GUARANTOR]
		
	By:	 	 
		 	Name:
		 	Title:
	
	WILMINGTON TRUST, NATIONAL ASSOCIATION,
	 as Trustee

		
	By:	 	 
		 	Name:
		 	Title:

  
 C-3Exhibit 10.1

 Exhibit 10.1 

EXECUTION VERSION 
  

 
  

$1,350,000,000 Term Loans 

$250,000,000 Revolving Credit Commitments 

CREDIT AGREEMENT 
 Among 

METALDYNE PERFORMANCE GROUP INC., 

as Holdings, 
 MPG HOLDCO I
INC., 
 as the Borrower, 

and certain Subsidiaries party hereto from time to time, 

as Subsidiary Guarantors, 
 THE
LENDERS NAMED HEREIN, 
 GOLDMAN SACHS BANK USA, 

as Administrative Agent, 
 and 

GOLDMAN SACHS BANK USA, 

DEUTSCHE BANK SECURITIES INC., 

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED, 

BANK OF AMERICA, N.A., 

KEYBANK NATIONAL ASSOCIATION, 

MORGAN STANLEY SENIOR FUNDING, INC., 

NOMURA SECURITIES INTERNATIONAL, INC., 

ROYAL BANK OF CANADA, AND RBC CAPITAL MARKETS1 

as Joint Lead Arrangers and Joint Bookrunners, 

Dated as of October 20, 2014 
  

 
  

 

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

 TABLE OF CONTENTS 

Page 
  

					
	 ARTICLE 1
	  			
		
	 DEFINITIONS
	  	 	2	  
		
	 Section 1.01. Defined Terms
	  	 	2	  
	 Section 1.02. Accounting Terms; GAAP; Financial Ratios
	  	 	62	  
	 Section 1.03. Types of Borrowings
	  	 	65	  
	 Section 1.04. Terms Generally
	  	 	66	  
	 Section 1.05. Effectuation of Transactions
	  	 	66	  
	 Section 1.06. Timing of Payment of Performance; Times of Day
	  	 	66	  
	 Section 1.07. Exchange Rates; Currencies Generally
	  	 	66	  
	 Section 1.08. Additional Alternate Currencies
	  	 	68	  
	 Section 1.09. Cashless Rolls
	  	 	69	  
		
	ARTICLE 2	  			
		
	 AMOUNT AND TERMS OF THE LOANS
	  	 	69	  
		
	 Section 2.01. Commitments
	  	 	69	  
	 Section 2.02. Borrowings
	  	 	71	  
	 Section 2.03. Disbursements; Funding Reliance; Domicile of Loans
	  	 	74	  
	 Section 2.04. Notes
	  	 	75	  
	 Section 2.05. Termination and Reduction of Commitments and Swingline Commitment
	  	 	75	  
	 Section 2.06. Mandatory Payments and Prepayments
	  	 	76	  
	 Section 2.07. Voluntary Prepayments; Premium
	  	 	79	  
	 Section 2.08. Interest
	  	 	81	  
	 Section 2.09. Fees
	  	 	83	  
	 Section 2.10. Interest Periods
	  	 	84	  
	 Section 2.11. Conversions and Continuations
	  	 	84	  
	 Section 2.12. Method of Payments; Computations
	  	 	85	  
	 Section 2.13. Recovery of Payments
	  	 	87	  
	 Section 2.14. [Reserved]
	  	 	87	  
	 Section 2.15. Pro Rata Treatment
	  	 	87	  
	 Section 2.16. Increased Costs; Change in Circumstances; Illegality; Etc.
	  	 	88	  
	 Section 2.17. Taxes
	  	 	91	  
	 Section 2.18. Compensation
	  	 	95	  
	 Section 2.19. Defaulting Lenders
	  	 	95	  
	 Section 2.20. Replacement of Lenders
	  	 	99	  
	 Section 2.21. Mitigation; Etc.
	  	 	100	  
	 Section 2.22. Incremental Loans
	  	 	100	  
	 Section 2.23. Credit Agreement Refinancing Facilities
	  	 	104	  
		
	ARTICLE 3	  			
		
	 LETTERS OF CREDIT
	  	 	106	  
		
	 Section 3.01. Issuance
	  	 	106	  
	 Section 3.02. Notices
	  	 	108	  

					
	 Section 3.03. Participations
	  	 	109	  
	 Section 3.04. Reimbursement
	  	 	109	  
	 Section 3.05. Payment by Revolving Loans
	  	 	110	  
	 Section 3.06. Payment to Lenders
	  	 	111	  
	 Section 3.07. Obligations Absolute
	  	 	111	  
	 Section 3.08. Cash Collateral Account
	  	 	112	  
	 Section 3.09. Effectiveness
	  	 	113	  
	 Section 3.10. Defaulting Lender
	  	 	113	  
	 Section 3.11. Appointment; Resignation and Removal of Issuing Lender
	  	 	113	  
		
	ARTICLE 4	  			
	 CONDITIONS OF BORROWING
	  	 	114	  
	 Section 4.01. Conditions of Initial Borrowing
	  	 	114	  
	 Section 4.02. Conditions of All Borrowings
	  	 	116	  
		
	ARTICLE 5	  			
		
	 REPRESENTATIONS AND WARRANTIES
	  	 	117	  
	 Section 5.01. Corporate Organization and Power
	  	 	117	  
	 Section 5.02. Authorization; Enforceability
	  	 	117	  
	 Section 5.03. No Violation
	  	 	117	  
	 Section 5.04. Governmental and Third-Party Authorization; Permits
	  	 	118	  
	 Section 5.05. Litigation
	  	 	118	  
	 Section 5.06. Taxes
	  	 	118	  
	 Section 5.07. Subsidiaries
	  	 	118	  
	 Section 5.08. Full Disclosure
	  	 	118	  
	 Section 5.09. Margin Regulations
	  	 	119	  
	 Section 5.10. No Material Adverse Effect
	  	 	119	  
	 Section 5.11. Financial Matters
	  	 	119	  
	 Section 5.12. Ownership of Properties
	  	 	120	  
	 Section 5.13. ERISA
	  	 	120	  
	 Section 5.14. Environmental Matters
	  	 	120	  
	 Section 5.15. Compliance with Laws
	  	 	121	  
	 Section 5.16. Investment Company Act
	  	 	121	  
	 Section 5.17. Insurance
	  	 	121	  
	 Section 5.18. Security Documents
	  	 	122	  
	 Section 5.19. Labor Matters
	  	 	122	  
	 Section 5.20. Anti-Terrorism Laws
	  	 	122	  
	 Section 5.21. Intellectual Property
	  	 	123	  
		
	ARTICLE 6	  			
		
	 AFFIRMATIVE COVENANTS
	  	 	123	  
	 Section 6.01. Financial Statements and Reports
	  	 	123	  
	 Section 6.02. Other Business and Financial Information
	  	 	125	  
	 Section 6.03. Existence; Maintenance of Properties
	  	 	126	  
	 Section 6.04. Compliance with Laws
	  	 	127	  
	 Section 6.05. Payment of Taxes
	  	 	128	  
	 Section 6.06. Insurance
	  	 	128	  

					
	 Section 6.07. Maintenance of Books and Records; Inspection
	  	 	128	  
	 Section 6.08. Use of Proceeds
	  	 	129	  
	 Section 6.09. Additional Collateral; Further Assurances
	  	 	130	  
	 Section 6.10. Maintenance of Ratings
	  	 	131	  
	 Section 6.11. Designation of Subsidiaries
	  	 	131	  
	 Section 6.12. Post-Closing Covenants
	  	 	132	  
	 Section 6.13. Lender Calls
	  	 	132	  
		
	ARTICLE 7	  			
		
	 FINANCIAL COVENANT
	  	 	132	  
		
	 Section 7.01. Financial Covenant
	  	 	132	  
	 Section 7.02. Right to Cure
	  	 	132	  
		
	ARTICLE 8	  			
		
	 NEGATIVE COVENANTS
	  	 	133	  
		
	 Section 8.01. Merger; Consolidation
	  	 	133	  
	 Section 8.02. Indebtedness
	  	 	134	  
	 Section 8.03. Liens
	  	 	140	  
	 Section 8.04. Disposition of Assets
	  	 	143	  
	 Section 8.05. Investments
	  	 	146	  
	 Section 8.06. Restricted Junior Payments
	  	 	150	  
	 Section 8.07. Transactions with Affiliates
	  	 	153	  
	 Section 8.08. Lines of Business
	  	 	154	  
	 Section 8.09. Certain Amendments
	  	 	154	  
	 Section 8.10. Limitation on Restrictions on Subsidiary Distributions; Negative Pledges
	  	 	155	  
	 Section 8.11. [Reserved]
	  	 	156	  
	 Section 8.12. Fiscal Year
	  	 	156	  
	 Section 8.13. [Reserved]
	  	 	156	  
	 Section 8.14. Sale/Leaseback
	  	 	157	  
	 Section 8.15. Business of Holdings
	  	 	157	  
		
	ARTICLE 9	  			
		
	 EVENTS OF DEFAULT
	  	 	158	  
		
	 Section 9.01. Events of Default
	  	 	158	  
	 Section 9.02. Remedies: Termination Of Commitments, Acceleration, Etc.
	  	 	161	  
	 Section 9.03. Remedies: Set-Off
	  	 	162	  
		
	ARTICLE 10	  			
		
	 THE AGENTS
	  	 	163	  
		
	 Section 10.01. Appointment
	  	 	163	  
	 Section 10.02. Nature of Duties
	  	 	163	  
	 Section 10.03. Exculpatory Provisions
	  	 	163	  
	 Section 10.04. Reliance by Administrative Agent
	  	 	164	  
	 Section 10.05. Delegation of Duties
	  	 	165	  
	 Section 10.06. Non-Reliance on Administrative Agent and Other Lenders
	  	 	165	  
	 Section 10.07. Lenders’ Acknowledgment
	  	 	166	  

					
	 Section 10.08. Notice of Default
	  	 	166	  
	 Section 10.09. Indemnification
	  	 	166	  
	 Section 10.10. The Administrative Agent In Its Individual Capacity
	  	 	167	  
	 Section 10.11. Successor Administrative Agent
	  	 	167	  
	 Section 10.12. Collateral Matters
	  	 	169	  
	 Section 10.13. [Reserved.]
	  	 	171	  
	 Section 10.14. Acceptance of Title
	  	 	171	  
	 Section 10.15. No Obligation To Hold Title Deeds
	  	 	171	  
	 Section 10.16. [Reserved.]
	  	 	172	  
	 Section 10.17. Arrangers
	  	 	172	  
	 Section 10.18. Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim
	  	 	172	  
	 Section 10.19. Credit Bid
	  	 	173	  
		
	ARTICLE 11	  			
		
	 GUARANTY
	  	 	174	  
		
	 Section 11.01. The Guaranty
	  	 	174	  
	 Section 11.02. Bankruptcy
	  	 	174	  
	 Section 11.03. Nature of Liability
	  	 	175	  
	 Section 11.04. Independent Obligation
	  	 	175	  
	 Section 11.05. Authorization
	  	 	175	  
	 Section 11.06. Reliance
	  	 	176	  
	 Section 11.07. Waiver
	  	 	176	  
	 Section 11.08. Limitation on Enforcement
	  	 	177	  
	 Section 11.09. Release of Guarantors
	  	 	177	  
	 Section 11.10. Keepwell
	  	 	177	  
		
	ARTICLE 12	  			
		
	 MISCELLANEOUS
	  	 	177	  
		
	 Section 12.01. Fees and Expenses
	  	 	177	  
	 Section 12.02. Indemnification
	  	 	178	  
	 Section 12.03. Governing Law; Consent to Jurisdiction
	  	 	179	  
	 Section 12.04. Waiver of Jury Trial
	  	 	180	  
	 Section 12.05. Notices
	  	 	181	  
	 Section 12.06. Amendments, Waivers, Etc.
	  	 	184	  
	 Section 12.07. Assignments, Participations
	  	 	189	  
	 Section 12.08. No Waiver
	  	 	197	  
	 Section 12.09. Successors and Assigns
	  	 	197	  
	 Section 12.10. Survival
	  	 	197	  
	 Section 12.11. Severability
	  	 	197	  
	 Section 12.12. Construction
	  	 	198	  
	 Section 12.13. Confidentiality
	  	 	198	  
	 Section 12.14. Counterparts; Effectiveness
	  	 	199	  
	 Section 12.15. Appointment for Perfection
	  	 	199	  
	 Section 12.16. Disclosure of Information
	  	 	200	  
	 Section 12.17. Entire Agreement
	  	 	200	  
	 Section 12.18. PATRIOT Act
	  	 	200	  

					
	 Section 12.19. Electronic Execution of Assignments
	  	 	200	  
	 Section 12.20. No Fiduciary Duty
	  	 	200	  
	 Section 12.21. Conflicts
	  	 	201	  

 EXHIBITS 
  

			
	 Exhibit A-1
	  	Form of Term Note
	 Exhibit A-2
	  	Form of Revolving Note
	 Exhibit A-3
	  	Form of Swingline Note
	 Exhibit B-1
	  	Form of Notice of Borrowing
	 Exhibit B-2
	  	Form of Notice of Swingline Borrowing
	 Exhibit B-3
	  	Form of Notice of Conversion/Continuation
	 Exhibit B-4
	  	Form of Letter of Credit Notice
	 Exhibit C
	  	Form of Compliance Certificate
	 Exhibit D-1
	  	Form of Assignment and Acceptance
	 Exhibit D-2
	  	Form of Affiliate Assignment and Acceptance
	 Exhibit E
	  	Form of Solvency Certificate
	 Exhibit F
	  	Joinder Agreement
	 Exhibit G
	  	Dutch Auction Procedures
	 Exhibit H-1
	  	Form of U.S. Tax Compliance Certificate for Foreign Lenders that are not Partnerships
	 Exhibit H-2
	  	Form of U.S. Tax Compliance Certificate for Foreign Participants that are not Partnerships
	 Exhibit H-3
	  	Form of U.S. Tax Compliance Certificate for Foreign Participants that are Partnerships
	 Exhibit H-4
	  	Form of U.S. Tax Compliance Certificate for Foreign Lenders that are Partnerships
	 Exhibit I
	  	Form of Letter of Credit Application

 SCHEDULE 
  

			
	 Schedule 1.01(a)
	  	Existing Letters of Credit
	 Schedule 1.01(b)
	  	Mortgaged Properties
	 Schedule 5.03
	  	No Violation
	 Schedule 5.06
	  	Taxes
	 Schedule 5.07
	  	Subsidiaries
	 Schedule 5.12
	  	Ownership of Properties
	 Schedule 5.19
	  	Labor Matters
	 Schedule 5.21
	  	Intellectual Property
	 Schedule 6.12
	  	Post-Closing Covenants
	 Schedule 8.02
	  	Indebtedness
	 Schedule 8.03
	  	Liens
	 Schedule 8.05
	  	Investments
	 Schedule 8.07
	  	Transactions with Affiliates

 CREDIT AGREEMENT 

THIS CREDIT AGREEMENT (this “Agreement”), dated as of October 20, 2014, is made among MPG HOLDCO I INC., a
Delaware corporation, as borrower (the “Borrower”), METALDYNE PERFORMANCE GROUP INC., a Delaware corporation (“Holdings”), certain Subsidiaries (as hereinafter defined) from time to time party hereto, as Subsidiary
Guarantors (as hereinafter defined), the banks and financial institutions listed on the signature pages hereto or that become parties hereto after the Closing Date (as hereinafter defined), as Lenders (as hereinafter defined) and GOLDMAN SACHS BANK
USA (“GS”), as administrative agent for the Lenders and collateral agent for the Secured Parties (as hereinafter defined) and as Swingline Lender (as hereinafter defined). 

RECITALS 
 A. On
August 4, 2014, ASP HHI Holdings, Inc. (together with its subsidiaries, “HHI”), ASP MD Holdings, Inc. (together with its subsidiaries, “Metaldyne”) and ASP Grede Intermediate Holdings LLC (together with its
subsidiaries, “Grede”), each of which were owned at the time by certain investment funds controlled by the Sponsor and certain members of management of HHI, Metaldyne and Grede, respectively, consummated a corporate reorganization
(the “Combination Transactions”), the result of which was that HHI, Metaldyne and Grede became wholly-owned subsidiaries of Holdings, which is directly or indirectly owned by certain investment funds controlled by the Sponsor and
certain members of management of the combined business of HHI, Metaldyne and Grede. Thereafter, the Borrower was formed as a wholly-owned subsidiary of Holdings and the equity interests in HHI, Metaldyne and Grede were contributed to the Borrower,
such that HHI, Metaldyne and Grede became wholly-owned subsidiaries of the Borrower (together with the Combination Transactions, the “Reorganization”). 

B. The Borrower has requested that (a) the Lenders lend to the Borrower $1,350,000,000 of Initial Term Loans (as hereinafter defined) and
up to $250,000,000 of Initial Revolving Loans (as hereinafter defined), the proceeds of which shall be used to finance a portion of the Refinancing (as hereinafter defined) and the other Transactions (as hereinafter defined), including to pay fees,
commissions, expenses and costs related thereto, and (b) from time to time, the Lenders lend to the Borrower and issue Letters of Credit (as hereinafter defined) for the account of the Borrower and/or any Restricted Subsidiary to provide
working capital for, and for other general corporate purposes of, the Borrower pursuant to the Revolving Credit Commitments (as hereinafter defined) hereunder and in accordance with the terms of this Agreement. 

C. In addition, the Borrower will also issue the Senior Notes (as hereinafter defined) in an aggregate principal amount equal to $600,000,000
under the Senior Notes Documents (as hereinafter defined), the proceeds of which shall be used to finance a portion of the Refinancing and the other Transactions, including to pay fees, commissions, expenses and costs related thereto. 

D. The Lenders are willing to make available to the Borrower the credit facilities described herein subject to and on the terms and conditions
set forth in this Agreement. 

 AGREEMENT 

NOW, THEREFORE, in consideration of the mutual provisions, covenants and agreements herein contained, the parties hereto hereby agree as
follows: 
 ARTICLE 1 

DEFINITIONS 

Section 1.01. Defined Terms. For purposes of this Agreement, in addition to the terms defined elsewhere herein, the
following terms shall have the meanings set forth below (such meanings to be equally applicable to the singular and plural forms thereof): 

“Acquired Entity” shall have the meaning given to such term in Section 8.05(h). 

“Additional Lender” shall mean, at any time, any Person that is not an existing Lender and that agrees
to provide any portion of any Credit Agreement Refinancing Facilities pursuant to a Refinancing Amendment in accordance with Section 2.23; provided that such Additional Lender shall be (x) with respect to Refinancing
Term Loans, an Eligible Assignee with respect to Term Loans and (y) with respect to Replacement Revolving Credit Commitments, an Eligible Assignee with respect to Revolving Credit Commitments. 

“Additional Revolving Credit Commitments” shall mean any revolving credit commitments established
pursuant to Sections 2.22, 2.23 or 12.06. 
 “Additional Revolving Loans” shall mean any
revolving credit facilities made pursuant to the Additional Revolving Credit Commitments or established as a separate Class of Revolving Loans pursuant to Section 2.22. 

“Additional Term Commitments” shall mean any term commitments established pursuant to
Sections 2.22, 2.23 or 12.06. 
 “Additional Term Loans” shall mean any term loans
pursuant to the Additional Term Commitments or established as a separate Class of Term Loans pursuant to Section 2.22. 

“Adjusted Base Rate” shall mean, at any time with respect to any Base Rate Loan, a rate per annum
equal to the Base Rate as in effect at such time plus the Applicable Margin Percentage for Base Rate Loans of such Class as in effect at such time. 

“Adjusted LIBOR Rate” shall mean, at any time with respect to any LIBOR Loan, a rate per annum equal
to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans of such Class as in effect at such time. 

“Administrative Agent” shall mean Goldman Sachs Bank USA, in its capacity as administrative agent and
collateral agent appointed under Article 10, and its successors and permitted assigns in such capacity.  

  
 2 

 “Affiliate” shall mean, as to any Person, any other Person that, directly or
indirectly, controls, is controlled by or is under common control with such Person or is a director or officer of such Person. For purposes of this definition, the term “control” (including the terms “controlling,”
“controlled by” and “under common control with”) of a Person means the possession, direct or indirect, of the power to direct or cause the direction of the management and policies of such Person, whether through the
ownership of Voting Stock, by contract or otherwise. Notwithstanding the foregoing, neither the Administrative Agent nor any Lender shall be deemed an Affiliate of the Borrower solely by reason of the transactions contemplated by the Credit
Documents. 
 “Affiliate Assignment Agreement” shall mean an Assignment and Acceptance Agreement substantially in the form
of Exhibit D-2, with such amendments or modifications as may be approved by the Administrative Agent. 
 “Affiliated Debt
Fund” shall mean, at any time when Sponsor is an Affiliate of the Borrower, any Affiliate of the Sponsor (other than Holdings and its Subsidiaries) that is primarily engaged in, or advises funds or other investment vehicles that are engaged
in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extension of credit or securities in the ordinary course and with respect to which the Sponsor does not, directly or indirectly, possess the power to
direct or cause the direction of the investments or investment policies of such entity. 
 “Affiliated Lender” shall mean
any Non-Debt Fund Affiliate, Holdings, the Borrower and/or any Subsidiary of the Borrower. 
 “Agency Fee Letter” shall
mean the letter from the Administrative Agent to the Borrower, dated as of September 24, 2014, relating to the annual administrative fee in respect of the transactions contemplated by this Agreement. 

“Agent Affiliates” shall have the meaning given to such term in Section 12.05(c)(iii). 

“Agents” shall mean, collectively, the Administrative Agent and the Arrangers. 

“Aggregate Incremental Amount” shall mean, at any time, the sum of the aggregate principal amount of all Incremental Term
Loans and Incremental Revolving Credit Facilities established or incurred at or prior to such time pursuant to Section 2.22 (net of any portion thereof that is used to repay or replace the Credit Facilities). 

“Agreement” shall mean this Credit Agreement. 

“All-in-Yield” shall mean, as to any Indebtedness, the effective yield applicable thereto calculated by the Administrative
Agent in consultation with the Borrower in a manner consistent with generally accepted financial practices, which shall include (a) interest rate margin, interest rate floors (subject to the proviso set forth below), (b) any amendment to
the relevant interest rate margins and interest rate floors that became effective after the Closing Date but prior to the applicable date of determination and (c) original issue discount and upfront or similar fees paid by the Borrower or any
Credit Party (based on, to the extent applicable, an assumed four-year average life to maturity) but shall exclude any customary arrangement, commitment, structuring, underwriting and similar fees (regardless of whether any such fees are paid to or
shared in whole or in part with any lender); provided, however, if any such Indebtedness includes any interest 

  
 3 

 
rate floor applicable to LIBOR Loans that is greater than that applicable to the then-existing Term Loans and such floor is applicable to the then-existing Term Loans on the date of
determination, such excess amount shall be equated to interest rate margin for determining the increase. 
 “Alternate
Currency” shall mean each of Canadian Dollars, Euros and Sterling and each other currency (other than Dollars) that is approved in accordance with Section 1.08. 

“Applicable Margin Percentage” shall mean, at any time (x) with respect to any Initial Term Loans (a) from
and after the Closing Date and prior to a Qualifying IPO, (i) 2.50% in the case of Base Rate Loans and (ii) 3.50% in the case of LIBOR Loans and (b) following a Qualifying IPO (i) 2.25% in the case of Base Rate Loans and
(ii) 3.25% in the case of LIBOR Loans;, (y) with respect to Initial Revolving Loans, (a) from and after the Closing Date until the first date of delivery of financial statements required to be delivered pursuant to
Section 6.01(a) or Section 6.01(b), as applicable, (i) 2.50% in the case of Base Rate Loans and (ii) 3.50% in the case of LIBOR Loans, and (b) thereafter, the applicable percentage per annum set forth below in the
“Revolving Loan Pricing Grid” determined by reference to the First Lien Leverage Ratio of the Borrower and its Subsidiaries as set forth in the most recent financial statements required to be delivered pursuant to Section 6.01(a) or
Section 6.01(b), as applicable, following the completion of the first full fiscal quarter ending after the Closing Date and (z) with respect to any Additional Term Loan of any Class or any Additional Revolving Loan of any Class, the rate
or rates per annum specified in the applicable Refinancing Amendment, Incremental Facility Agreement or Extension Amendment. 
  

											
	 Revolving Loan Pricing Grid

	 	  	 	  	Initial Revolving
Loans prior to a
Qualifying IPO	 	Initial Revolving
Loans following a
Qualifying IPO
	 Pricing
Level
	  	First Lien
Leverage Ratio	  	LIBOR
Loans	 	Base Rate
Loans	 	LIBOR
Loans	 	Base Rate
Loans
	 1
	  	3 2.00:1.00	  	3.50%	 	2.50%	 	3.25%	 	2.25%
	 2
	  	< 2.00:1.00
 but

3 1.50:1.00
	  	3.25%	 	2.25%	 	3.00%	 	2.00%
	 3
	  	< 1.50:1.00	  	3.00%	 	2.00%	 	2.75%	 	1.75%

 Any increase or decrease in the Applicable Margin Percentage with respect to the Revolving Loans resulting from a
change in the First Lien Leverage Ratio of Borrower and its Subsidiaries shall become effective as of the first Business Day immediately following the date financial statements are required to be delivered pursuant to Section 6.01(a) or
Section 6.01(b) following the completion of the first full fiscal quarter ending after the Closing Date; provided, however, that if financial statements are not delivered when due in accordance with such Sections, then 

  
 4 

 
Pricing Level 1 shall apply in respect of the Credit Facilities as of the first Business Day after the date on which financial statements pursuant to Section 6.01(a) or Section 6.01(b)
were required to have been delivered and shall remain in effect until the date on which such financial statements are so delivered. 
 Any decrease in the
Applicable Margin Percentage resulting from the consummation of a Qualifying IPO shall become effective on the day such Qualifying IPO is consummated. 

“Applicable Percentage” shall mean, (a) with respect to any Term Lender of any Class, a percentage equal to a
fraction the numerator of which is the aggregate outstanding principal amount of the Term Loans and unused Additional Term Commitments of such Term Lender under the applicable Class and the denominator of which is the aggregate outstanding principal
amount of the Term Loans and unused Additional Term Commitments of all Term Lenders under the applicable Class and (b) with respect to any Revolving Lender of any Class, the percentage of the aggregate amount of Revolving Credit Commitments of
such Class represented by such Lender’s Revolving Credit Commitments of such Class. In the case of clause (b), in the event the Revolving Credit Commitments of any Class shall have expired or been terminated, the Applicable Percentages of any
Revolving Lender of such Class shall be determined on the basis of the Revolving Credit Exposure of the applicable Revolving Lenders of such Class attributable to their respective Revolving Credit Commitments of such Class, giving effect to any
assignments. 
 “Approved Electronic Communications” shall mean any notice, demand, communication,
information, document or other material that any Credit Party provides to the Administrative Agent pursuant to any Credit Document or the transactions contemplated therein which is distributed to the Administrative Agent, Lenders or Issuing Lender
by means of electronic communications pursuant to Section 12.05(c). 
 “Approved Fund” shall mean, with
respect to any Lender, any Person (other than a natural person) that is engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities and is administered,
advised or managed by (a) such Lender, (b) an Affiliate of such Lender or (c) an entity or an Affiliate of an entity that administers, advises or manages such Lender. 

“Arrangers” shall mean Goldman Sachs Bank USA, Deutsche Bank Securities Inc., Merrill Lynch, Pierce, Fenner &
Smith Incorporated, Bank of America, N.A., Keybank National Association, Morgan Stanley Senior Funding, Inc., Nomura Securities International, Inc., Royal Bank of Canada and RBC Capital Markets, LLC. 

“Assignment and Acceptance” shall mean an Assignment and Acceptance entered into between a Lender and an Eligible
Assignee and accepted by the Administrative Agent and the Borrower (subject to Section 12.07), in substantially the form of Exhibit D-1. 

“Auction Manager” shall mean (a) the Administrative Agent or (b) any other financial institution or advisor
engaged by the Borrower (whether or not an Affiliate of the Administrative Agent) to act as an arranger in connection with any Dutch Auction. 

  
 5 

 “Available Amount” shall mean, at any time (the “Available Amount
Reference Time”), an amount (which shall not be less than zero) equal to: 
 (i) the CNI Growth Amount;
provided that the CNI Growth Amount shall not be available for any Restricted Junior Payments unless as of the date of declaration or giving irrevocable notice (which may be conditional) in respect thereof, as applicable, the Total Leverage Ratio as
of the last day of the most recently ended Test Period, does not exceed 3.00:1.00; plus 
 (ii) (x) the amount of any cash
capital contributions or Net Cash Proceeds from the sale or issuance of Capital Stock (other than Disqualified Stock) received or made by Holdings (or any other Parent Company) and contributed to the Borrower and Not Otherwise Applied during the
period from and including the Business Day immediately following the Closing Date through and including the Available Amount Reference Time; provided that any Permitted Cure Securities shall not be deemed to be Capital Stock for purposes of
this clause (iii) minus (y) the aggregate amount of Restricted Junior Payments made in reliance on Section 8.06(m); plus 

(iii) the fair market value, as reasonably determined by the Borrower, of Cash Equivalents, marketable securities or any other
property received by the Borrower as a capital contribution or in return for any issuance (without duplication of clause (v) immediately below) of common Capital Stock and Not Otherwise Applied during the period from and including the Business
Day immediately following the Closing Date through and including the Available Amount Reference Time; plus 
 (iv) the
aggregate principal amount of any Indebtedness or Disqualified Capital Stock, in each case, of the Borrower issued after the Closing Date (other than Indebtedness or such Disqualified Capital Stock issued to the Borrower or any Restricted
Subsidiary), which has been converted into or exchanged for Capital Stock of the Borrower or any Parent Company that do not constitute Disqualified Capital Stock, together with the fair market value of any Cash Equivalents and the fair market value
(as reasonably determined by the Borrower) of any property or assets received by the Borrower upon such exchange or conversion, in each case, during the period from and including the Business Day immediately following the Closing Date through and
including the Available Amount Reference Time; plus 
 (v) the proceeds received by the Borrower or any Restricted Subsidiary
during the period from and including the Business Day immediately following the Closing Date through and including such time in connection with returns, profits, distributions and similar amounts, including cash principal repayments of loans, in
each case received in respect of any Investment made after the Closing Date pursuant to Section 8.05(o) (in an amount not to exceed the original amount of such Investment); plus 

(vi) an amount equal to the sum of (A) the amount of any Investments by the Borrower or any Restricted Subsidiary made
pursuant to Section 8.05(o) in any Unrestricted Subsidiary (in an amount not to exceed the original amount of such Investment less the fair market value of any transfers, conveyances or other distributions

  
 6 

 
from such Unrestricted Subsidiary under clause (B) of this clause (vii)) that has been re-designated as a Restricted Subsidiary or has been merged, consolidated or amalgamated with or into,
or is liquidated, wound up or dissolved into, the Borrower or any Restricted Subsidiary and (B) without duplication of clause (A) of this clause (vii) the fair market value (as reasonably determined by the Borrower) of the property or
assets of any Unrestricted Subsidiary that have been transferred, conveyed or otherwise distributed (in an amount not to exceed the original amount of the Investment in such Unrestricted Subsidiary) to the Borrower or any Restricted Subsidiary, in
each case, during the period from and including the Business Day immediately following the Closing Date through and including the Available Amount Reference Time; plus 

(vii) the amount of any Declined Proceeds; minus 

(viii) the aggregate amount of Restricted Junior Payments made using the Available Amount pursuant to Section 8.06(i)
during the period commencing on the Closing Date and ending on or prior to the Available Amount Reference Time; minus 
 (ix)
the aggregate amount of Investments actually made using the Available Amount pursuant to Section 8.05(o) during the period commencing on the Closing Date and ending on or prior to the Available Amount Reference Time, which aggregate amount (if
any) was indicated by the Borrower in the most recent Compliance Certificate; 
 provided, that, notwithstanding the foregoing, no Excluded Contributions
shall be included in clauses (ii) and (iii) of the definition of Available Amount above. 
 “Available Starter
Amount” shall mean, at any time (the “Available Starter Amount Reference Time”), an amount (which shall not be less than zero) equal to: 

(i) $50,000,000 plus an amount equal to the Net Cash Proceeds received by the Borrower or any Restricted Subsidiary in
connection with the Radford Sale in an aggregate amount not to exceed $10,000,000; minus 
 (ii) the aggregate amount of
Restricted Junior Payments made using the Available Starter Amount pursuant to Section 8.06(i) during the period commencing on the Closing Date and ending on or prior to the Available Starter Amount Reference Time; minus 

(iii) the aggregate amount of Investments actually made using the Available Starter Amount pursuant to Section 8.05(o)
during the period commencing on the Closing Date and ending on or prior to the Available Starter Amount Reference Time, which aggregate amount (if any) was indicated by the Borrower in the most recent Compliance Certificate. 

“Average Life” shall mean, as of the date of determination, with respect to any Indebtedness, the quotient obtained by
dividing (i) the sum of the products of (A) the numbers of years (calculated to the nearest one-twelfth) from the date of determination to the dates of each successive scheduled principal payment of such Indebtedness multiplied by
(B) the amount of such payment by (ii) the sum of all such payments. 

  
 7 

 “BA Rate” shall mean (a) for any Lender that is a Schedule I
chartered bank under the Bank Act (Canada), CDOR and (b) for any other Lender, CDOR plus 0.10%. When used in reference to any Loan or Borrowing, “BA Rate” shall refer to whether such Loan, or the Loans comprising such Borrowing, bear
interest at a rate determined by reference to the BA Rate as set forth in the preceding sentence. 
 “Bankruptcy
Code” shall mean Title 11, United States Code. 
 “Base Rate” shall mean, for any day, a rate per
annum equal to: 
 (i) in the case of Base Rate Loans denominated in Dollars, the highest of (w) the Federal
Funds Rate plus 1/2 of 1.00%, (x) the rate of interest published by the Wall Street Journal (or another similar publication selected by the Administrative Agent) as the U.S. prime rate, (y) to the extent the LIBOR Rate is ascertainable,
the LIBOR Rate for LIBOR Loans denominated in Dollars with an Interest Period of one month, plus 1.00% and (z) with respect to the Initial Term Loans only, 2.00% and 

(ii) in the case of Base Rate Loans denominated in Canadian Dollars, the Canadian Prime Rate. 

provided that if any of the rates set forth above shall be less than zero percent per annum, such rate shall be deemed to be zero
percent per annum for purposes of this Agreement. 
 “Base Rate Loan” shall mean, at any time, any Loan that bears
interest at such time at the applicable Adjusted Base Rate. 
 “Board of Directors” shall mean, with respect
to any Person, (i) in the case of any corporation, the board of directors of such Person, (ii) in the case of any limited liability company, the board of managers or the managing member of such Person, as the case may be, (iii) in the
case of any partnership, the Board of Directors of the general partner of such Person and (iv) in any other case, the functional equivalent of the foregoing. 

“Bona Fide Debt Fund Affiliate” shall mean any Person that is engaged in making, purchasing, holding or otherwise
investing in commercial loans and similar extensions of credit in the ordinary course of business which is managed, sponsored or advised by any Person controlling, controlled by or under common control with (a) any Company Competitor that is a
Disqualified Institution or (b) any Affiliate of such Company Competitor, but with respect to which no personnel involved with any investment in which Person either (i) makes (or has the right to make or participate with others in making)
any investment decisions with respect to such Person or (ii) has access to any information (other than information that is publicly available) relating to Holdings, the Borrower or its Subsidiaries or any entity that forms a part of the
business of the Borrower or any of its Subsidiaries. 
 “Borrower” shall have the meaning given to such term
in the introductory paragraph to this Agreement. 
 “Borrowing” shall mean the incurrence by the Borrower
(including as a result of conversions and continuations of outstanding Loans pursuant to Section 2.11) on a single date of a group of Loans of a single Class and Type (or a Swingline Loan made by the Swingline Lender) and, in the case of LIBOR
Loans, as to which a single Interest Period is in effect. 

  
 8 

 “Borrowing Date” shall mean, with respect to any Borrowing, the date upon
which such Borrowing is made. 
 “Business Day” shall mean (i) for all purposes other than as covered by
clause (ii) below, any day other than a Saturday or Sunday, a legal holiday or a day on which commercial banks in New York, New York are authorized or required by law to be closed and (ii) with respect to all notices and determinations in
connection with, and payments in respect of, (x) LIBOR Loans or Letters of Credit denominated in Dollars or Sterling, any day described in clause (i) above that is also a London Banking Day, (y) LIBOR Loans or Letters of Credit
denominated in Euros, any day described in clause (i) above that is also a TARGET Day and (z) LIBOR Loans or Letters of Credit denominated in an Alternate Currency (other than Sterling or Euros), any day described in clause (i) above
that is also a day on which dealings in deposits in such Alternate Currency are conducted by and between banks in the London interbank market. 

“Canadian Dollars” or “Can $” shall mean the lawful money of Canada. 

“Canadian Prime Rate” shall mean, as of any date, the rate of interest per annum equal to the per annum rate of
interest quoted or established as the “prime rate” of the Administrative Agent which it quotes or establishes for such day as its reference rate of interest in order to determine interest rates for commercial loans made by it in Canadian
Dollars in Canada to Canadian borrowers, adjusted automatically with each quoted or established change in such rate. When used in reference to any Loan or Borrowing, “Canadian Prime Rate” shall refer to whether such Loan, or the Loans
comprising such Borrowing, bear interest at a rate determined by reference to the Canadian Prime Rate as set forth in the preceding sentence. 

“Capital Expenditures” shall mean, for any period, the aggregate amount (whether paid in cash or accrued as a
liability) that would, in accordance with GAAP, be included on the consolidated statement of cash flows of the Borrower and its Restricted Subsidiaries for such period as additions to equipment, fixed assets, real property or improvements or other
capital assets (including, without limitation, capital lease obligations) or that should otherwise be capitalized or reflected in the consolidated statement of cash flows of the Borrower and its Restricted Subsidiaries or other capital expenditures
of such Person for such period. 
 “Capital Lease” shall mean, as to any Person, any lease of property, real
or personal, the obligations with respect to which are required to be capitalized on a balance sheet of such Person in accordance with GAAP. 

“Capital Stock” shall mean any and all shares, interests, participations or other equivalents (however designated) in
capital stock of a corporation, any and all equivalent ownership interests in a Person (other than a corporation), including partnership interests and membership interests, and any and all warrants, rights or options to purchase or other
arrangements or rights to acquire any of the foregoing, but excluding for the avoidance of doubt any Indebtedness convertible into or exchangeable for any of the foregoing. 

  
 9 

 “Cash” shall mean money, currency or a credit balance in any demand
account or Deposit Account. For the avoidance of doubt, and in respect of any financial covenant or ratio, the amount of Cash at any time shall be determined in accordance with GAAP. 

“Cash Collateral Account” shall have the meaning given to such term in Section 3.08. 

“Cash Collateralize” shall mean, in respect of an Obligation, to provide and pledge (as a first priority perfected
security interest) cash collateral in Dollars, at a location and pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent and the Issuing Lender. “Cash Collateral” shall have a meaning
correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support. 
 “Cash
Equivalents” shall mean, as at any date of determination, (i) readily marketable securities issued or unconditionally guaranteed by the United States or any agency or instrumentality thereof, backed by the full faith and credit of the
United States and maturing within one year from the date of acquisition, and, in each case, repurchase agreements and reverse repurchase agreements relating thereto, (ii) commercial paper issued by any Person organized under the laws of the
United States, maturing within one year from the date of acquisition and, at the time of acquisition, having a rating of at least A-2 or the equivalent thereof by Standard & Poor’s Ratings Services or at least P-2 or the equivalent
thereof by Moody’s Investors Service, Inc., (iii) time deposits, money market deposits, deposits, bankers’ acceptances (or similar instruments) and certificates of deposit maturing within one year from the date of issuance or accepted
by any Lender or by a bank or trust company organized under the laws of the United States or any state thereof (or the District of Columbia) that has combined capital and surplus of at least $100,000,000 (each Lender and each commercial bank
referred to herein as a “Cash Equivalent Bank”) or, in each case, repurchase agreements and reverse repurchase agreements relating thereto, (iv) readily marketable direct obligations issued by any state of the United States or
any political subdivision of any such state or any public instrumentality thereof, in each case maturing within one year after such date and having, at the time of the acquisition thereof, a rating of at least A-2 from Standard &
Poor’s Ratings Services or at least P-2 from Moody’s Investors Service, Inc. (or, if at any time neither Standard & Poor’s Ratings Services nor Moody’s Investors Service, Inc. shall be rating such obligations, an
equivalent rating from another nationally recognized statistical rating agency) and, in each case, repurchase agreements and reverse repurchase agreements relating thereto, (v) repurchase obligations with a term of not more than 30 days for
underlying securities of the types described in clause (i) above entered into with any Cash Equivalent Bank, (vi) demand deposit accounts maintained in the ordinary course of business with any Cash Equivalent Bank, (vii) money market
funds that has substantially all of its assets of invested in securities of the type described in clauses (i), (ii), (iii) or (iv) above, and (vii) solely with respect to Foreign Subsidiaries, (x) investments of the types and
maturities described in clause (i) through (v) above of foreign obligors, which investments or obligors have the ratings described in such clauses or equivalent ratings from comparable foreign rating agencies and (y) other short-term
investments utilized by non-US Persons in accordance with ordinary course investment practices for cash management in investments analogous to the foregoing investments in clauses (i) through (vi) above.  

  
 10 

 “Cash Management Agreement” shall mean any agreement or arrangement to
provide cash management services, including treasury, depository, overdraft, credit or debit card, stored value card, electronic funds transfer, purchasing cards, netting services, check drawing services, automated payment services (including
depository, overdraft, controlled disbursement, ACH transactions, return items and interstate depository network services), employee credit card programs, cash pooling services and any arrangements or services similar to any of the foregoing and/or
otherwise in connection with Cash management and Deposit Accounts. 
 “Cash Management Obligations” shall
mean, as to any Person, any and all obligations of such Person, whether absolute or contingent and however and whenever created, arising, evidenced or acquired (including all renewals, extensions and modifications thereof and substitutions
therefor), under any Cash Management Agreement. 
 “Casualty Event” shall mean, with respect to any property
(including any interest in property) of the Borrower or any of its Restricted Subsidiaries, any loss of, damage to, or condemnation or other taking of, such property for which the Borrower or such Restricted Subsidiary receives insurance proceeds,
proceeds of a condemnation award or other compensation. 
 “CDOR” shall mean, on any date for
any applicable Interest Period, the average per annum rate of interest for Canadian bankers’ acceptances for a term comparable to such period appearing on the “Reuters Screen CDOR Page” (or comparably nationally recognized screen as
determined by the Administrative Agent if the Reuters Screen CDOR Page is not available) at or about 11:00 a.m. (Toronto time) on such date, or if such date is not a Business Day, then on the immediately preceding Business Day, or, if no such screen
is available, the average of the rates for such period applicable to Canadian Dollar banker’s acceptances for a term comparable to such period quoted by the banks listed in Schedule I of the Bank Act (Canada) at or about 11:00 a.m.
(Toronto time) on such date. 
 “Change in Control” shall mean: 

(i) Holdings at any time ceases to own directly or indirectly 100% of the Capital Stock of the Borrower; 

(ii) prior to a Qualifying IPO, the Permitted Holders cease to own, directly or indirectly, or to have the power to vote or
direct the voting of, Voting Stock of Holdings representing a majority of the voting power of the total outstanding Voting Stock of Holdings; or 

(iii) following a Qualifying IPO, any “person” or “group” (as such terms are used in
Sections 13(d) and 14(d) of the Exchange Act), other than the Permitted Holders is or becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that for purposes of this clause such person or group shall
be deemed to have “beneficial ownership” of all securities that such person or group has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of Voting Stock
of Holdings representing (a) more of the voting power of the total outstanding Voting Stock of Holdings than that which is beneficially owned, directly or indirectly, by the Permitted Holders (taken together), and (b) more than 35% of the
voting power of the total outstanding Voting Stock of Holdings. 

  
 11 

 “Class” shall have the meaning given to such term in
Section 1.03. 
 “Closing Date” shall mean the date on which the Initial Term Loans are borrowed and the
Refinancing is consummated. 
 “CNI Growth Amount” shall mean, at any date of determination, an amount equal to
(a) 50% of Consolidated Net Income for each fiscal quarter in which Consolidated Net Income is positive (commencing with the fiscal quarter ending December 31, 2014), minus (b) in the case of any fiscal quarter in
which Consolidated Net Income is an amount less than zero, 100% of the absolute value of such deficit. 
 “Code”
shall mean the Internal Revenue Code of 1986, as amended (unless otherwise provided herein), and all rules and regulations from time to time promulgated thereunder. 

“Collateral” shall mean all the assets, property and interests in property that shall from time to time be pledged or
be purported to be pledged as direct or indirect security for the Secured Obligations pursuant to any one or more of the Security Documents. 

“Commitment” shall mean, with respect to any Lender, such Lender’s Term Loan Commitment and Revolving Credit
Commitment, as applicable. 
 “Commitment Fee Rate” shall mean, (a) on any date with respect to the
Initial Revolving Credit Commitments, the applicable rate per annum set forth below based upon the First Lien Leverage Ratio in accordance with the table set forth below; provided that until the first date of delivery of
financial statements required to be delivered pursuant to Section 6.01(a) or Section 6.01(b), as applicable, following the completion of at least one full fiscal quarter after the Closing Date, “Commitment Fee Rate” shall be the
applicable rate per annum set forth below in Category 1 and (b) with respect to Additional Revolving Credit Commitments of any Class, the rate or rates per annum specified in the applicable Refinancing Amendment, Incremental Facility Agreement
or Extension Amendment: 
  

					
	First Lien Leverage Ratio	  	Commitment Fee Rate	 
	 Category 1
	  			
	 Greater than 2.00 to 1.00
	  	 	0.50	% 
	 Category 2
	  			
	 Equal to or less than 2.00 to 1.00
	  	 	0.375	% 

 The Commitment Fee Rate with respect to the Initial Revolving Credit Commitments shall be adjusted quarterly on a
prospective basis on each date of delivery of financial statements required to be delivered pursuant to Section 6.01(a) or Section 6.01(b), as applicable, following the completion of the first full fiscal quarter ending after the Closing
Date, based upon the First Lien Leverage Ratio in accordance with the table set forth above; provided that if financial statements  

  
 12 

 
are not delivered when required pursuant to Section 6.01(a) or (b), as applicable, the Commitment Fee Rate shall be the rate per annum set forth above in Category 1 until such financial
statements are delivered in compliance with Section 6.01(a) or (b), as applicable. 
 “Commodity Exchange Act”
shall mean the Commodity Exchange Act (7 U.S.C. § 1 et seq.). 
 “Company Competitor” shall mean any
competitor of the Borrower and/or any of its Subsidiaries. 
 “Compliance Certificate” shall mean a fully
completed and duly executed certificate in the form of Exhibit C. 
 “Confidential Information” shall have
the meaning given to such term in Section 12.13. 
 “Connection Income Taxes” shall mean Other Connection
Taxes that are imposed on or measured by income (however denominated) or that are franchise Taxes or branch profits Taxes. 

“Consolidated Current Assets” shall mean, as of any date of determination, all assets of the Borrower and its
Restricted Subsidiaries (other than Cash, Cash Equivalents, the current portion of current and deferred Taxes based on income, profits or capital, permitted loans made to third parties, assets held for sale, pension assets, deferred bank fees,
derivative financial instruments and insurance claims of the Borrower and its Restricted Subsidiaries) that would, in accordance with GAAP, be classified on a consolidated balance sheet of the Borrower as current assets as of such date. 

“Consolidated Current Liabilities” shall mean, as of any date of determination, all liabilities (without duplication)
of the Borrower and its Restricted Subsidiaries that would, in accordance with GAAP, be classified on a consolidated balance sheet of the Borrower and its Restricted Subsidiaries as current liabilities as of such date; provided,
however, that Consolidated Current Liabilities shall not include (a) current maturities of any long-term Indebtedness, (b) outstanding revolving loans, (c) the current portion of interest expense, (d) the
current portion of any Capital Leases, (e) the current portion of current and deferred Taxes based on income, profits or capital, (f) liabilities in respect of unpaid earn-outs, (g) the current portion of any other long-term
liabilities, (h) accruals relating to restructuring reserves or other exceptional items; (i) liabilities in respect of funds of third parties on deposit with the Borrower or any of its Restricted Subsidiaries, (j) any liabilities
recorded in connection with stock-based awards, partnership interest-based awards, awards of profits interests, deferred compensation awards and similar incentive based compensation awards or arrangements and (k) liabilities related to
Restricted Payments declared but not yet paid. 
 “Consolidated EBITDA” shall mean, with respect to any Person for
any period, the Consolidated Net Income of such Person for such period 

  
 13 

 (1) increased (without duplication) by: 

(a) provision for Taxes based on income or profits or capital (including pursuant to any tax sharing arrangements), including,
without limitation, federal, state, local, provincial, foreign, excise, franchise, property and similar taxes and foreign withholding taxes and foreign unreimbursed value added Taxes (including, in each case, penalties and interest related to such
Taxes or arising from tax examinations) of or with respect to such Person paid or accrued during such period deducted (and not added back) in computing Consolidated Net Income; plus 

(b) Consolidated Interest Expense of such Person for such period, to the extent the same was deducted (and not added back) in
calculating such Consolidated Net Income; plus 
 (c) total depreciation and amortization expense of such Person for
such period to the extent the same was deducted (and not added back) in computing Consolidated Net Income; plus 
 (d)
(i) costs and expenses incurred in connection with the Transactions, (ii) transaction fees, costs and expenses (including rationalization, legal, tax and structuring fees, costs and expenses) incurred (1) in connection with the
consummation of any transaction (or any transaction proposed and not consummated) permitted under this Agreement, including any equity offering, Investment, Restricted Payments, acquisitions, dispositions (including any Foreign Factoring
Arrangements), recapitalizations, mergers, consolidations or amalgamations, option buyouts or incurrences, repayments, refinancings, amendments or modifications of Indebtedness (including any amortization or write-off of debt issuance or deferred
financings costs, premiums and prepayment penalties) or similar transactions) or any Qualifying IPO, including (x) such fees, expenses or charges related to the offering of the Senior Notes, the Facilities and any receivables facility or the
repayment of the existing term loans and lines of credit, (y) any amendment or other modification of the Senior Notes, the Facilities and any receivables facility and (z) commissions, discounts, yield and other fees and charges (including
any interest expense related to any receivables facility) and (iii) costs associated with, or in anticipation of, or preparation for, compliance with the requirements of the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated
in connection therewith, in each case, deducted (and not added back) in computing Consolidated Net Income; plus 
 (e)
the amount of any costs, charges, accruals, reserves or expenses attributable to the undertaking and/or implementation of cost savings initiatives, operating expense reductions, operating improvements, product margin synergies and product cost and
other synergies and similar initiatives, integration, transition, reconstruction, decommissioning, recommissioning or reconfiguration of fixed assets for alternative uses, restructuring costs (including those related to tax restructurings), charges,
accruals, reserves or expenses attributable to the undertaking and/or implementation of cost savings initiatives, operating expense reductions, business optimization and other restructuring costs, charges, accruals, reserves and expenses (including,
without limitation, inventory and business optimization programs, software development costs, the opening and pre-opening, closure, relocation and/or consolidation of facilities and plants, unused warehouse space costs, costs related to entry into
new markets, signing or retention costs, retention or completion charges or bonuses, relocation expenses, recruitment expenses (including headhunter fees and relocation expenses) severance payments, curtailments and modifications to or losses on
settlement of pension and post-retirement employee benefit plans, excess pension charges, contract termination costs, future 

  
 14 

 
lease commitments, new system design and implementation costs and project startup costs and expenses attributable to the implementation of cost savings initiatives and professional and consulting
fees incurred in connection with any of the foregoing); plus 
 (f) any other non-cash charges or losses, including
(i) any write offs or write downs, (ii) the vesting of warrants and stock options and other equity based awards compensation, (iii) losses on sales, disposals or abandonment of, or any impairment charges or asset write off related to,
intangible assets, long-lived assets and investments in debt and equity securities, (iv) all losses from investments recorded using the equity method (other than to the extent funded with cash) and (v) other non-cash charges, non-cash
expenses or non-cash losses reducing Consolidated Net Income for such period (provided that if any such non-cash charges, expenses or losses represent an accrual or reserve for potential cash items in any future period, (A) the Borrower may
determine not to add back such non-cash charge, loss or expense in the current period or (B) to the extent the Borrower does decide to add back such non-cash charge, loss, or expense, the cash payment in respect thereof in such future period
shall be subtracted from Consolidated EBITDA to such extent, and excluding amortization of a prepaid cash item that was paid in a prior period); plus 

(g) the amount of any minority and/or non-controlling interest expense consisting of Subsidiary income attributable to minority
and/or non-controlling equity interests of third parties in any non-Wholly-Owned Subsidiary deducted (and not added back) in such period in calculating Consolidated Net Income; plus 

(h) the amount of management, monitoring, consulting, transaction and advisory fees (including termination fees) and related
indemnities and expenses paid or accrued in such period to the Permitted Holders or other persons with a similar interest in the Borrower or its direct or indirect parent companies to the extent otherwise permitted under Section 8.07 and
deducted (and not added back) in such period in computing Consolidated Net Income; plus 
 (i) expected cost savings,
operating expense reductions, other operating improvements and expense reductions and product margin synergies and product cost and other synergies (“Expected Cost Savings”) projected by the Borrower in good faith to be realized as
a result (i) of the Transactions and (ii) of any asset sale, merger or other business combination, acquisition, Investment, disposition or divestiture, operating improvement and expense reductions, restructurings, cost saving initiatives,
any similar initiative and/or specified transaction taken or to be taken by the Company or any of its Restricted Subsidiaries, net of the amount of actual benefits realized during such period from such actions (any such action, a “Cost
Saving Initiative”); provided that such cost savings, expense reductions, operating improvements and synergies are reasonably identifiable and factually supportable and are reasonably anticipated to be realized within 24 months after
the change, acquisition or disposition that is expected to result in such cost savings, expense reductions, or operating improvements and other synergies (which adjustments may be incremental to pro forma adjustments made pursuant to the
definition of “Pro Forma Basis”); plus 
 (j) the amount of loss on sale of receivables and related assets
any receivables facility; plus 

  
 15 

 (k) cash receipts (or any netting arrangements resulting in reduced cash
expenditures) not representing Consolidated EBITDA or net income in any period to the extent non-cash gains relating to such income were deducted in the calculation of Consolidated EBITDA pursuant to clause (2) below for any previous period and
not added back; plus 
 (l) earn-out and contingent consideration obligations incurred or accrued in connection with
any acquisition or other Investment and paid or accrued during such period and on similar acquisitions and Investments completed prior to the Closing Date, plus 

(m) with respect to any joint venture that is not a Restricted Subsidiary, an amount equal to the proportion of those items
described in clauses (a) to (c) above relating to such joint venture corresponding to such Person’s and its Restricted Subsidiaries’ proportionate share of such joint venture’s Consolidated Net Income (determined as if such
joint venture were a Restricted Subsidiary), plus 
 (n) at the option of the Borrower, (A) the excess of GAAP
rent expense over actual cash rent paid, including the benefit of lease incentives (in the case of a charge) during such period due to the use of straight line rent or the application of fair value adjustments made as a result of recapitalization or
purchase accounting, in each case, for GAAP purposes, (B) the non-cash amortization of tenant allowances and (C) the cash portion of sublease rentals received by such Person; provided that, in each case, if any such non-cash charge
represents an accrual or reserve for potential cash items in any future period, such Person may determine not to add back such non-cash charge in the current period, plus 

(o) the percentage ownership of any joint venture that is accounted for under the equity method attributable to the
Borrower, plus 
 (p) charges or expenses in connection with union contract renewals and related negotiations
(including, without limitation, management travel expenses and legal and other third-party costs), plus 
 (q) the
amount of travel expenses, payroll taxes, indemnification payments, director’s fees and any other charges, costs, expenses, accruals or reserves incurred in connection with, or amounts payable to, any director of the board of the Borrower or
its parent entities in connection with such director serving as a member of such board of directors and performing his or her duties in respect thereof, plus 

(2) decreased (without duplication) by: 

(a) non-cash gains increasing Consolidated Net Income of such Person for such period, excluding any non-cash gains to the
extent they represent the reversal of an accrual or reserve for a potential cash item that reduced Consolidated EBITDA in any prior period and any non-cash gains with respect to cash actually received in a prior period so long as such cash did not
increase Consolidated EBITDA in such prior period, plus 
 (b) any net income from disposed or discontinued
operations; and 

  
 16 

 (c) increased or decreased by (without duplication), as applicable, any
adjustments resulting from the application of ASC Topic Number 460 (Guarantees); 
 provided, further, that Consolidated
EBITDA for the fiscal quarters ending on or about September 30, 2014, June 30, 2014, March 31, 2014 and December 31, 2013, shall be deemed to be $130,570,000, $152,405,000, $137,398,000 and $128,546,000,
respectively. 
 “Consolidated First Lien Debt” shall mean, as at any date of determination, the aggregate
principal amount of Consolidated Funded Debt outstanding on such date that is secured on a “first priority” basis by a Lien on any property of the Borrower or its Restricted Subsidiaries. 

“Consolidated Funded Debt” shall mean, as of any date of determination, the aggregate (without duplication) of all
Funded Debt of the Borrower and its Restricted Subsidiaries as of such date, determined on a consolidated basis in accordance with GAAP. 

“Consolidated Interest Expense” shall mean, with respect to any Person for any period, the sum of
(a) consolidated total interest expense of such Person and its Restricted Subsidiaries for such period, whether or not actually paid or accrued during such period and whether or not capitalized (including, without limitation (and without
duplication), amortization of any debt issuance cost and/or original issue discount, any premium paid to obtain payment, financial assurance or similar bonds, any interest capitalized during construction, any non-cash interest payment, the interest
component of any deferred payment obligation, the interest component of any payment under any Capital Lease (regardless of whether accounted for as interest expense under GAAP), any commission, discount and/or other fee or charge owed with respect
to any letter of credit and/or bankers’ acceptance and net obligations under any Hedge Agreement relating to any interest rate swap, collar, cap or other arrangement requiring any payment contingent upon any interest rate applicable to such
Person and its Restricted Subsidiaries, any fee and/or expense paid to the Administrative Agent in connection with its services hereunder, any other bank, administrative agency (or trustee) and any cost associated with any surety bond in connection
with financing activities (whether amortized or immediately expensed)) plus (b) any cash dividend paid or payable in respect of Disqualified Capital Stock during such period other than to such Person or any Credit Party,
plus (c) all ongoing commitment fees and other ongoing fees in respect of Funded Debt (including the commitment fee provided for under Section 2.09(b)) whether or not actually paid or accrued and whether or not
capitalized by the Borrower and its Restricted Subsidiaries during such period, plus or minus, as applicable, to the extent the same would otherwise be included in interest expense under GAAP, unrealized
gains and losses arising from derivative financial instruments issued by such Person for the benefit of such Person or its Restricted Subsidiaries, in each case determined on a consolidated basis for such period. For purposes of this definition,
interest in respect of any Capital Lease shall be deemed to accrue at an interest rate reasonably determined by such Person to be the rate of interest implicit in such Capital Lease in accordance with GAAP. 

“Consolidated Net Income” shall mean, with respect to any Person for any period, the aggregate of the net income, of
such Person and its Restricted Subsidiaries for such period, on a consolidated basis, and otherwise determined in accordance with GAAP; provided, however, that, without duplication, 

  
 17 

 (i) any after-tax effect of extraordinary, non-recurring or unusual gains,
income, losses, expenses or charges (including (x) costs of and payments of actual or prospective legal settlements, fines, judgments or orders and (y) gains, income, losses, expenses or charges arising from insurance claims and
settlements), severance, relocation costs, integration costs, consolidation and costs related to the opening, closure, relocation and/or consolidation of facilities, signing, retention or completion costs and bonuses, recruiting costs, recruiting
and hiring bonuses, transition costs, costs incurred in connection with acquisitions (whether or not consummated) after the Closing Date (including integration costs), consulting fees, legal fees and taxes related to issuances of significant options
and curtailments or modifications to pension and post-retirement employee benefit plans and corporate reorganization shall be excluded, 

(ii) the net income for such period shall not include the cumulative effect of a change in accounting principles or policies
during such period, 
 (iii) any net after-tax gains, charges or losses with respect to disposed, abandoned, closed or
discontinued operations (other than assets held for sale) and any accretion or accrual of discounted liabilities and on the disposal of disposed, abandoned and discontinued operations and facilities, plans or distribution centers that have been
closed, or temporarily shut down or idled during such period, shall be excluded, 
 (iv) any after-tax effect of gains,
income, losses, expenses or charges (less all fees and expenses relating thereto) attributable to asset dispositions (including asset retirement costs) or returned surplus assets of any employee pension benefit plan other than in the ordinary course
of business shall be excluded, 
 (v) the net income (or loss) for such period of any Person that is not a Subsidiary, or is
an Unrestricted Subsidiary, or that is accounted for by the equity method of accounting, shall be excluded; provided that Consolidated Net Income of such Person shall be increased by the amount of dividends or distributions or other payments
(including any ordinary course dividend, distribution or other payment) that are actually paid in cash (or to the extent converted into cash) to the referent Person or a Restricted Subsidiary thereof in respect of such period by such Person, 

(vi) solely for the purpose of determining the Available Amount pursuant to clause (ii) of the definition thereof, the net
income for such period of any Restricted Subsidiary (other than any Guarantor) shall be excluded to the extent that the declaration or payment of dividends or similar distributions by that Restricted Subsidiary of its net income is not at the date
of determination permitted without any prior governmental approval (which has not been obtained) or, directly or indirectly, by the operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule, or
governmental regulation applicable to that Restricted Subsidiary or its stockholders, unless such restriction with respect to the payment of dividends or similar distributions has been legally waived, provided that Consolidated Net Income will be
increased by the amount of dividends or other distributions or other payments actually paid in cash (or to the extent converted into cash) to the referent Person or a Restricted Subsidiary thereof in respect of such period, to the extent not already
included therein, 

  
 18 

 (vii) effects of adjustments (including the effects of such adjustments pushed
down to such Person and its Restricted Subsidiaries) in the Person’s consolidated financial statements pursuant to GAAP (including in the inventory, property and equipment, software, goodwill, intangible assets, in-process research and
development, deferred revenue, deferred rent, deferred trade incentives and other lease-related items and debt line items thereof) resulting from the application of recapitalization accounting or purchase accounting, as the case may be, in relation
to any consummated acquisition or the amortization or write-off or removal of revenue otherwise recognizable on any amounts thereof, net of taxes, shall be excluded or added back in the case of lost revenue, 

(viii) any after-tax effect of income (loss) (less all fees and expenses or charges related thereto) from the early
extinguishment or conversion of Indebtedness or Hedging Obligations or other derivative instruments (including deferred financing expenses written off and premiums paid) shall be excluded, 

(ix) any (i) goodwill or other asset impairment charges, write-offs or write-downs or (ii) amortization of
intangibles shall be excluded, 
 (x) any (i) non-cash compensation charge, cost, expense, accrual or reserve including
any such charge, cost, expense, accrual or reserve arising from the grant of stock appreciation or similar rights, stock options, restricted stock or other equity incentive programs, (ii) charges, costs, expenses, accruals or reserves incurred
by the Borrower or a Restricted Subsidiary pursuant to any management equity plan, profits interest or stock option plan or any other management or employee benefit plan or agreement, pension plan or other long-term or post-employment benefit, any
stock subscription or shareholder agreement or any distributor equity plan or agreement, including any fair value adjustments that may be required under liquidity puts for such arrangements, (iii) charges, costs, expenses, accruals or reserves
in connection with the rollover, acceleration or payout of Capital Stock held by management of the Borrower, any direct or indirect parent company and/or any of its subsidiaries, in each case to the extent that such charges, costs, expenses,
accruals or reserves are funded with cash proceeds contributed to the capital of the Borrower as a result of capital contribution or as a result of the sale or issuance of Capital Stock (other than Disqualified Capital Stock) of the Borrower solely
to the extent such amounts are funded with net Cash proceeds contributed to such Person as a capital contribution or as a result of the sale of Capital Stock (other than Disqualified Capital Stock) of such Person and (iv) charges, costs, or
expenses incurred in respect of bonus payments pursuant to employee incentive programs (including any bonus plans) that exceed 100% of the total amount projected for such payments, shall be excluded, 

(xi) (i) any fees, commissions and expenses incurred during such period, or any amortization or write-off thereof for such
period in connection with any acquisition, Investment, Disposition, issuance or repayment of Indebtedness, issuance of Capital Stock, refinancing transaction or amendment or modification of any debt instrument (in each case, including any such
transaction consummated prior to the Closing Date and any such transaction undertaken but not completed) and any charges or non-recurring merger costs incurred during such period as a result of any such transaction shall be excluded,

  
 19 

 
and (ii) accruals and reserves that are established or adjusted within 12 months after (x) the Closing Date that are so required to be established or adjusted as a result of the
Transactions and (y) the date of any acquisition or other similar Investment permitted under Section 8.05, in each case, in accordance with GAAP or as a result of the adoption or modification of accounting policies, shall be excluded, 

(xii) any unrealized or realized net gain or loss resulting from currency translation or transaction gains or losses impacting
net income (including currency remeasurements of Indebtedness) and any foreign currency translation or transaction gains or losses shall be excluded, including those resulting from intercompany Indebtedness, 

(xiii) any unrealized net gains and losses resulting from Hedging Obligations in accordance with GAAP or any other derivative
instrument pursuant the application of Accounting Standards Codification Topic Number 815 “Derivatives and Hedging” shall be excluded, 

(xiv) to the extent covered by insurance and actually reimbursed, or, so long as the Borrower has made a good faith
determination that it expects to receive reimbursement within 365 days (with a deduction for any amount so added back to the extent not so reimbursed within such 365 days), (x) the amount of any fee, cost, expense or reserve with respect to
liability or casualty events or business interruption shall be excluded, and (y) proceeds of such insurance in an amount representing the earnings for the applicable period that such proceeds are intended to replace shall be included, and 

(xv) to the extent actually reimbursed or reimbursable by third parties pursuant to indemnification or reimbursement provisions
or similar agreements or insurance, fees, costs, expenses or reserves incurred to the extent covered by indemnification provisions in any agreement in connection with any sale of Capital Stock, acquisition, Investment, Restricted Payment,
Disposition, recapitalization, mergers, consolidations or amalgamations, option buyouts or incurrences, repayments, refinancings, amendments or modifications of Indebtedness (in each case, including any such transaction consummated prior to the
Closing Date) shall be excluded. 
 “Consolidated Total Assets” shall mean, at any date, all amounts that would, in
conformity with GAAP, be set forth opposite the caption “total assets” (or any like caption) on a consolidated balance sheet of the Borrower and its Restricted Subsidiaries at such date. 

“Consolidated Working Capital” shall mean, as of any date of determination, Consolidated Current Assets as of such
date minus Consolidated Current Liabilities as of such date; provided that there shall be excluded (a) the effect of reclassification during such period between current assets and long term assets and current liabilities and long term
liabilities (with a corresponding restatement of the prior period to give effect to such reclassification), (b) the effect of any Disposition of any Person, facility or line of business or acquisition of any Person, facility or line of business
during such period, (c) the effect of any fluctuations in the amount of accrued and contingent obligations under any Hedge Agreement, and (d) the application of purchase or recapitalization accounting. 

  
 20 

 “Contingent Obligation” shall mean, with respect to any Person, any
direct or indirect liability of such Person with respect to any Indebtedness, liability or other obligation (the “primary obligation”) of another Person (the “primary obligor”), whether or not contingent,
(a) to purchase, repurchase or otherwise acquire such primary obligation or any property constituting direct or indirect security therefor, (b) to advance or provide funds (i) for the payment or discharge of any such primary
obligation or (ii) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency or any balance sheet item, level of income or financial condition of the primary obligor, (c) to
purchase property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor in respect thereof to make payment of such primary obligation or (d) otherwise to
assure or hold harmless the owner of any such primary obligation against loss or failure or inability to perform in respect thereof. The amount of each Contingent Obligation shall be valued at the maximum aggregate principal amount (whether or not
drawn or outstanding) of the Indebtedness or other primary obligation as of such date (or, if less, the maximum amount of such primary obligation for which such Person may be liable pursuant to the terms of the instrument evidencing such Contingent
Obligation) or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person is required to perform thereunder), as determined by such Person in good faith. 

“Contract Consideration” shall have the meaning given to such term in the definition of Excess Cash Flow. 

“Control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the
management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise, and the terms “Controlling” and “Controlled” shall have meanings correlative thereto. 

“Controlled Investment Affiliate” shall mean, as to any Person, any other Person which (i) directly or indirectly
is in Control of, is Controlled by, or is under common Control with, such Person and is organized by such Person (or any Person Controlling such Person) primarily for making equity or debt investments in Holdings or other portfolio companies or
(ii) is obligated pursuant to a commitment agreement to invest its capital as directed by such Person. 
 “Cost
Saving Initiative” has the meaning given to such term in the definition of Consolidated EBITDA.  
 “Credit
Agreement Refinancing Facilities” shall mean (a) with respect to any Class of Revolving Credit Commitments or Revolving Loans, Replacement Revolving Credit Commitments or Replacement Revolving Loans and (b) with respect to any
Class of Term Loans, Refinancing Term Loans. 
 “Credit Agreement Refinancing Facility Lenders” shall mean a
Lender with a Replacement Revolving Credit Commitment or Refinancing Term Loans. 
 “Credit Documents” shall
mean this Agreement, the Notes (if any), the Security Agreement, any other Security Documents and each other agreement, instrument or document designated by the Borrower and the Administrative Agent as a “Credit Document”, but excluding,
for the avoidance of doubt, any Hedge Agreements. 

  
 21 

 “Credit Facilities” shall mean the revolving credit,
letter of credit and term loan facilities provided for by this Agreement. 
 “Credit Parties”
shall mean Holdings, the Borrower and the Subsidiary Guarantors, or any of them as the context may require. 

“Cure Expiration Date” shall have the meaning given to such term in Section 7.02. 

“Cure Right” shall have the meaning given to such term in Section 7.02. 

“Debt Issuance” shall mean any issuance or sale by the Borrower or any of its Restricted Subsidiaries
of any Indebtedness (other than any Indebtedness permitted by Section 8.02 (except for (A) any Refinancing Term Loans incurred to refinance all or a portion of the Term Loans, (B) Incremental Loans incurred to refinance all or a
portion of the Term Loans, or (C) Permitted External Refinancing Debt incurred to refinance all or a portion of the Term Loans)). 

“Debtor Relief Laws” shall mean the Bankruptcy Code, and all other liquidation, conservatorship,
bankruptcy, general assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization or similar debtor relief laws of the U.S. or other applicable jurisdictions from time to time in effect and affecting
the rights of creditors generally. 
 “Declined Proceeds” shall have the meaning given to
such term in Section 2.06(k). 
 “Default” shall mean any event or condition that, with
the passage of time or giving of notice, or both, would constitute an Event of Default. 
 “Defaulting
Lender” shall mean, subject to Section 2.19(b), at any time, (i) any Lender that has failed to (A) fund, or otherwise defaulted in the funding, of all or a portion of its ratable share of any requested Borrowing and such
refusal has not been withdrawn or such default has not been cured within three Business Days of the date such Lender acquires knowledge of such default (provided that voluntary refusal of any Lender to fund shall be deemed to be
knowledge of such default), unless such Lender notifies the Administrative Agent, the Issuing Lender and the Borrower in writing that such failure is the result of such Lender’s determination that one or more conditions precedent to funding
(which conditions precedent, together with the applicable default, if any, shall be specifically identified in such writing) has not been satisfied, or (B) pay to the Administrative Agent, the Issuing Lender, the Swingline Lender or any other
Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit or Swingline Loans) within two Business Days of the date when due; or (ii) any Lender that (A) has notified the
Borrower, the Administrative Agent, the Issuing Lender or the Swingline Lender in writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect (unless such writing or public
statement relates to such Lender’s determination that a condition precedent to funding (which condition precedent, together with the applicable default, if any, shall be specifically identified in such writing or public statement) cannot be
satisfied), (B) has failed, within three Business Days after  

  
 22 

 
written request by the Administrative Agent, the Issuing Lender or the Borrower, to confirm in writing to the Administrative Agent, applicable Issuing Lender and the Borrower that it will
comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (ii)(B) upon receipt of such written confirmation by the Administrative Agent, the Issuing
Lender and the Borrower), or (C) the Administrative Agent and Issuing Lender have received notification that such Lender has, or has a direct or indirect parent company that is (1) insolvent, or is generally unable to pay its debts as they
become due, or admits in writing its inability to pay its debts as they become due, or makes a general assignment for the benefit of its creditors or (2) the subject of a bankruptcy, insolvency, reorganization, liquidation or similar
proceeding, or a receiver, trustee, conservator, intervenor or sequestrator or the like has been appointed for such Lender or its direct or indirect parent company, or such Lender or its direct or indirect parent company has taken any action in
furtherance of or indicating its consent to or acquiescence in any such proceeding or appointment; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any Capital Stock in that Lender or
the existence of an Undisclosed Administration in respect of that Lender (or, in such case, any direct or indirect parent company thereof) by a Governmental Authority so long as such ownership interest or Undisclosed Administration does not result
in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority or instrumentality) to
reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. 
 “Deposit
Account” shall mean a demand, time, savings, passbook or like account with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a negotiable certificate of deposit. 

“Derivative Transaction” shall mean (i) any and all rate swap transactions, basis swaps, credit derivative
transactions, forward rate transactions, commodity (including precious metal) swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or
forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions,
currency options, spot contracts, any other instrument linked to interest rates that gives rise to similar credit risks (including when-issued securities and forward deposits accepted), any equity derivative transaction, including any equity-linked
swap, any equity-linked option, any forward equity-linked contract, any other instrument linked to equities that give rise to similar credit risks, any other instrument linked to commodities that gives rise to similar credit risks, or any other
similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (ii) any and all transactions
of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange
Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement. 

  
 23 

 “Designated Counterparty” shall mean (a) any Lender (or Arranger) or
an Affiliate of any Lender (or Arranger) that is a party to any Hedge Agreement or Secured Cash Management Agreement and (b) any party that was a Lender (or an Arranger) or an Affiliate of any Lender (or Arranger) at the time such Hedge
Agreement or Secured Cash Management Agreement was entered into. 
 “Designated Non-Cash Consideration” shall mean
the fair market value (as determined by the Borrower in good faith) of non-Cash consideration received by the Borrower or a Restricted Subsidiary in connection with a Disposition pursuant to Section 8.04(i) that is designated as Designated
Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower, setting forth the basis of such valuation (which amount will be reduced by the amount of Cash or Cash Equivalents received by the Borrower or Restricted
Subsidiary in connection with a subsequent sale or conversion of such Designated Non-Cash Consideration to Cash or Cash Equivalents). 

“Disposition” or “Dispose” shall have the meaning given to such term in Section 8.04.

 “Disqualified Capital Stock” shall mean any Capital Stock which, by its terms (or by the terms of any security
into which it is convertible or for which it is exchangeable), or upon the happening of any event, (a) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is mandatorily redeemable (other than for
Qualified Capital Stock), pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof (other than for Qualified Capital Stock), in whole or in part, on or prior to 91 days following the Latest Maturity
Date at the time such Capital Stock is issued, (b) is or becomes convertible into or exchangeable (unless at the sole option of the issuer thereof) for (i) debt securities or (ii) any Capital Stock that would constitute Disqualified
Capital Stock, in each case at any time on or prior to 91 days following the Latest Maturity Date at the time such Capital Stock is issued, (c) contains any mandatory repurchase obligation which may come into effect prior to the Termination
Date or (d) provides for the scheduled payments of dividends in Cash on or prior to 91 days following the Latest Maturity Date at the time such Capital Stock is issued; provided that (x) any Capital Stock that would not constitute
Disqualified Capital Stock but for provisions thereof giving holders thereof (or the holders of any security into or for which such Capital Stock is convertible, exchangeable or exercisable) the right to require the issuer thereof to redeem such
Capital Stock upon the occurrence of any change in control, Qualifying IPO or any Disposition occurring prior to 91 days following the Latest Maturity Date at the time such Capital Stock is issued shall not constitute Disqualified Capital Stock if
such Capital Stock provides that the issuer thereof will not redeem any such Capital Stock pursuant to such provisions prior to the Termination Date and (y) for purposes of clause (i) through (iv) above, it is understood and agreed
that if any such maturity, redemption, conversion, exchange, repurchase obligation or scheduled payment is in part, only such part coming into effect prior to, in the case of clauses (i), (ii) and (iv) above, the date that is 91 days
following the Latest Maturity Date and, in the case of clause (iii) above, prior to the Termination Date, shall constitute Disqualified Capital Stock. 

“Disqualified Institution” shall mean (a) any Person designated by the Borrower in writing by name to the
Arrangers on or prior to September 24, 2014 (and any Affiliate of such Person that is reasonably identifiable by name) and (b) any Person that is or becomes a 

  
 24 

 
Company Competitor and is designated by the Borrower as such by name in a writing provided to the Arrangers (if prior to the Closing Date) or the Administrative Agent (if after the Closing
Date) (and any Affiliate of such Company Competitor that is reasonably identifiable by name), which such designation after the Closing Date as a Company Competitor or an Affiliate thereof shall not apply retroactively to disqualify any Person that
has previously acquired (i) any assignment or participation interest that is otherwise permitted pursuant to the terms of this Agreement or (ii) allocation in any Loan that was approved by Holdings in connection with the primary
syndication of the Loans (solely in the case of this clause (ii) to the extent such Person acquiring such allocation shall have actually become a Lender in connection with the settlement of the primary syndication of the Loans);
provided, that “Disqualified Institutions” shall not include any Bona Fide Debt Fund Affiliate of any Company Competitor unless such Bona Fide Debt Fund Affiliate was separately identified pursuant to clause
(a) above.  
 “Disregarded Domestic Subsidiary” shall mean any Domestic Subsidiary that is treated as a
disregarded entity for U.S. federal income tax purposes that holds no material assets other than the equity of one or more Foreign Subsidiaries. 

“Dollars” or “$” shall mean dollars of the United States. 

“Dollar Equivalent” shall mean, at any time, (a) with respect to any amount denominated in Dollars, such amount
and (b) with respect to any amount denominated in any currency other than Dollars, the equivalent amount thereof in Dollars as determined by the Administrative Agent at such time on the basis of the Spot Rate (determined in respect of the most
recent Revaluation Date or other relevant date of determination) for the purchase of Dollars with such other currency. 

“Domestic Subsidiary” shall mean any Subsidiary of the Borrower incorporated or organized under the laws of the United
States, any state thereof or the District of Columbia. 
 “Dutch Auction” shall have the meaning given such
term on Exhibit G hereof. 
 “Eligible Assignee” shall mean any Person that is (i) a Lender, an
affiliate of any Lender or an Approved Fund (any two or more Approved Funds being treated as a single Eligible Assignee for all purposes hereof), (ii) a commercial bank, insurance company, investment or mutual fund or other entity that is an
“accredited investor” (as defined in Regulation D under the Securities Act) and which extends credit or buys loans in the ordinary course of business or (iii) subject to the requirements of Section 12.07(d) with respect to
Term Loans, Holdings, the Borrower or any of its Subsidiaries and any of their respective Affiliates; provided, that “Eligible Assignee” shall not include any (i) natural Person, (ii) Disqualified Institution
or (iii) Defaulting Lender. 
 “Engagement Letter” shall mean the letter from the Arrangers to the
Borrower, dated as of September 24, 2014, relating, among others, to certain fees payable in respect of the transactions contemplated by this Agreement. 

“Environmental Claims” shall mean any and all administrative, regulatory or judicial actions, suits, demands, demand
letters, claims, liens, accusations, allegations, notices of noncompliance or violation, investigations (other than internal reports prepared by any Person in  

  
 25 

 
the ordinary course of its business and not in response to any third party action or request of any kind) or proceedings relating in any way to any actual or alleged violation of or liability
under any Environmental Law or relating to any permit issued, or any approval given, under any such Environmental Law (collectively, “Claims”), including, without limitation, (i) any and all Claims by Governmental Authorities
for enforcement, cleanup, removal, response, remedial or other actions or damages pursuant to any applicable Environmental Law and (ii) any and all Claims by any third party seeking damages, contribution, indemnification, cost recovery,
compensation or injunctive relief resulting from Hazardous Substances or arising from alleged injury or threat of injury to human health or the environment. 

“Environmental Laws” shall mean any and all foreign, federal, state and local laws, statutes, ordinances, rules,
regulations, permits, licenses, approvals, rules of common law and orders of courts or Governmental Authorities, relating to pollution, protection of the environment or protection of health and safety from exposure to Hazardous Substances, now or
hereafter in effect and in each case as amended from time to time, including, without limitation, requirements pertaining to the manufacture, processing, distribution, use, treatment, storage, disposal, transportation, handling, reporting,
licensing, registration, authorization, permitting, investigation or remediation of Hazardous Substances. 

“ERISA” shall mean the Employee Retirement Income Security Act of 1974, and all rules and regulations from time to
time promulgated thereunder. 
 “ERISA Affiliate” shall mean any Person (including any trade or business,
whether or not incorporated) that would be deemed to be under “common control” with, or a member of the same “controlled group” as any Credit Party or any Subsidiary of any Credit Party, within the meaning of
Sections 414 of the Code or Section 4001 of ERISA. 
 “ERISA Event” shall mean any of the following
with respect to a Plan or Multiemployer Plan, as applicable: (i) the occurrence of a reportable event, within the meaning of Section 4043 of ERISA with respect to any Plan unless the 30-day notice requirement has been waived by the PBGC or
by regulation, (ii) an application for a minimum funding waiver pursuant to Section 412 of the Code, (iii) the provision by the administrator of any Plan of a notice of intent to terminate such Plan, pursuant to
Section 4041(a)(2) of ERISA (including any such notice with respect to a plan amendment referred to in Section 4041(e) of ERISA), (iv) the withdrawal by any Credit Party or any ERISA Affiliate from a Multiple Employer Plan during a
plan year for which it was a substantial employer, as defined in Section 4001(a)(2) of ERISA or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA, (v) imposition of a lien under
Section 303(k) of ERISA or Section 430(k) of the Code with respect to any Plan, (vi) the adoption of an amendment to a Plan that results in the loss of tax exempt status pursuant to Section 401(a)(29) of the Code, (vii) a
complete or partial withdrawal by any Credit Party or any ERISA Affiliate from a Multiemployer Plan or the receipt by any Credit Party or any ERISA Affiliate of notice from a Multiemployer Plan that it is in reorganization or insolvency pursuant to
Section 4241 or 4245 of ERISA or that it intends to terminate or has terminated under Section 4041A of ERISA, (viii) the distribution by any Credit Party or any ERISA Affiliate under Section 4041 or 4041A of ERISA of a notice of
intent to terminate any Plan or the taking of any action to terminate any Plan, (ix) the institution by the PBGC of proceedings to terminate a Plan pursuant to Section 4042 of ERISA, or the occurrence of any event or condition described
 

  
 26 

 
in Section 4042(a)(1) through (4) of ERISA that would reasonably be expected to result in the termination of, or the appointment of a trustee to administer, such Plan, (x) the
institution of a proceeding by any fiduciary of any Multiemployer Plan against any Credit Party or any ERISA Affiliate to enforce Section 515 of ERISA, which is not dismissed within 30 days, (xi) the imposition upon any Credit Party or any
ERISA Affiliate of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, or the imposition or threatened imposition of any Lien upon any assets of any Credit Party or any ERISA
Affiliate as a result of any alleged failure to comply with the Code or ERISA in respect of any Plan, (xii) receipt from the Internal Revenue Service of final notice of the failure of any Plan to qualify under Section 401(a) of the Code,
or the failure of any trust forming part of any Plan to qualify for exemption from taxation under Section 501(a) of the Code, or (xiii) the imposition of a penalty tax under Section 4975 of the Code in respect of a nonexempt
Prohibited Transaction which would reasonably be expected to result in liability to any Credit Party. 
 “Euro” or
“€” shall mean the lawful currency of the Participating Member States. 
 “Event of
Default” shall have the meaning given to such term in Section 9.01. 
 “Excess Cash Flow” shall
mean for any fiscal year of the Borrower, an amount (if positive) equal to: 
 (a) the sum, without duplication, of 

(i) Consolidated Net Income for such fiscal year; plus 

(ii) the amount of all non-Cash charges or expenses deducted in calculating Consolidated Net Income including for depreciation
and amortization (excluding any non-Cash charge to the extent that it represents an accrual or reserve for potential Cash charge in any future period or amortization of a prepaid Cash gain that was paid in a prior period) for such fiscal year; plus

 (iii) an amount equal to any decrease in Consolidated Working Capital from the first day to the last day of such fiscal
year; plus 
 (iv) the aggregate net amount of any non-Cash loss on Dispositions of property by the Borrower and its
Restricted Subsidiaries during such fiscal year (other than Dispositions in the ordinary course of business), to the extent deducted in arriving at such Consolidated Net Income; plus 

(v) Cash income or gain (actually received in Cash) of the type described in clauses (iii), (iv), (v), (vii) and
(xi) of the definition of “Consolidated Net Income”, to the extent excluded from the calculation of Consolidated Net Income for such fiscal year pursuant to the definition thereof (other than in respect of sales or Dispositions to the
extent the Borrower is permitted to reinvest such proceeds or is required to prepay the Loans with such proceeds, in each case, pursuant to Section 2.06(f)), plus 

  
 27 

 (vi) expenses deducted from Consolidated Net Income during such fiscal year in
respect of expenditures made during any prior period for which a deduction from Excess Cash Flow was made in such prior period pursuant to clause (b) below, minus 

(b) the sum (without duplication), of: 

(i) Capital Expenditures for such fiscal year to the extent paid in Cash and not financed from the proceeds of long-term
Indebtedness (other than revolving Indebtedness) incurred for that purpose; plus 
 (ii) to the extent included, or not
deducted in arriving at such Consolidated Net Income and without duplication of amounts deducted from Excess Cash Flow in respect of a prior period, the aggregate consideration actually paid in Cash by the Borrower or any of its Restricted
Subsidiaries during such period or after such period and prior to the relevant date of such Excess Cash Flow Prepayment Date required by Section 2.10(g) with respect to Investments permitted under Section 8.05 (and not financed with
long-term Indebtedness (other than revolving Indebtedness)) (other than (A) Investments under Section 8.05(o) and (B) Investments (x) in Cash and Cash Equivalents or (y) in the Borrower or any of its Restricted
Subsidiaries); plus 
 (iii) without duplication of amounts deducted from Excess Cash Flow in respect of a prior period, the
amount of Restricted Junior Payments pursuant to clauses (d), (e), (f), (g), (h), (j), (l) (only if such Investment is not of the type excluded under each of the parentheticals set forth at the end of clause (ii) above) and (m) of
Section 8.06 (or otherwise consented to by the Required Lenders) made in Cash during such period or after such period and prior to the relevant date of such Excess Cash Flow Prepayment Date, except, in each case, to the extent financed with
long term Indebtedness (other than revolving Indebtedness), plus; 
 (iv) an amount equal to any increase in Consolidated
Working Capital from the first day to the last day of such fiscal year; plus 
 (v) in the event the Borrower or any of its
Restricted Subsidiaries receive Cash proceeds in connection with the Radford Sale, the amount of such proceeds; plus 
 (vi)
to the extent included or not deducted in arriving at such Consolidated Net Income, the amount of management or similar fees paid in Cash in such period pursuant to Section 8.07(c); plus 

(vii) any required up-front Cash payments in respect of Hedge Agreements to the extent not financed with the proceeds of
long-term Indebtedness (other than revolving Indebtedness) and not deducted in arriving at such Consolidated Net Income; plus 

(viii) without duplication of amounts deducted in calculating the prepayment under Section 2.06(g), the aggregate amount
of all principal payments and purchase of Indebtedness of the Borrower and its Restricted Subsidiaries made during such period (including (A) scheduled principal payments with respect to Indebtedness pursuant to Section 2.06(a) and
(b) (or any equivalent provision in any Refinancing Amendment with 

  
 28 

 
respect to the Term Loans), (B) the principal component of payments in respect of Capital Leases, (C) the amount of any mandatory prepayment of Term Loans pursuant to this Agreement
(other than Section 2.06(g)) and (D) the amount of any purchases of any Term Loans by the Borrower (calculated based on consideration paid in cash by the Borrower for such Term Loans) or the Restricted Subsidiaries in respect of any
assignment made in accordance with Section 12.07(d) or (e) of this Agreement (including in connection with any Dutch Auction) (or any equivalent provision in any Refinancing Amendment with respect to the Term Loans) but excluding
(1) all other prepayments of the Term Loans, (2) all repayments of any revolving credit facility arrangements (except to the extent there is an equivalent permanent reduction in commitments thereunder that is not being made in connection
with a refinancing or replacement thereof and other than in respect of the Revolving Loans and the Revolving Credit Commitments which, for the avoidance of doubt, shall be permitted to be deducted in calculating the prepayment under
Section 2.06(g) as and to the extent provided therein)), and (3) in each case any such payments and purchases to the extent financed with the proceeds of long-term Indebtedness (other than revolving Indebtedness); plus; 

(ix) the amount of (A) any non-Cash gains and income included in calculating Consolidated Net Income for such fiscal year,
(B) all Cash expenses, charges and losses excluded in arriving at such Consolidated Net Income, in each case, to the extent not financed with the proceeds of long-term Indebtedness (other than revolving Indebtedness) and (C) the portion of
Consolidated Net Income attributable to any Foreign Subsidiaries, except to the extent of any Cash actually repatriated to the Borrower or any of its Restricted Subsidiaries that are Domestic Subsidiaries; plus 

(x) the amount, if any, for such Tax period by which the sum of (x) Taxes (including pursuant to any Tax sharing
arrangements) and Tax Distributions pursuant to Section 8.06(c) paid in Cash in such period and (y) any reserves required to be set aside in accordance with applicable accounting standards in respect of Taxes that are payable (including by
way of any Tax sharing arrangements and Tax Distributions pursuant to Section 8.06(c)) within the four consecutive fiscal quarters following such period exceeds the amount of Tax and Tax Distribution expense deducted in arriving at Consolidated
Net Income for such period; provided that, to the extent the amount of any reserve described in the foregoing clause (y) is less than the amount actually paid in Cash during such subsequent four consecutive fiscal quarters in respect of such
Taxes, the amount of such shortfall shall be added to the calculation of Excess Cash Flow at the end of the subsequent four fiscal quarters; plus 

(xi) any Cash payments actually made during such fiscal year that represent a non-Cash charge deducted in calculating
Consolidated Net Income in a previous fiscal year; plus 
 (xii) the aggregate amount of expenditures actually made by
Holdings, the Borrower or any of its Restricted Subsidiaries in Cash during such period for the payment of financing fees, rent and pension and other retirement benefits to the extent that such expenditures are not expensed during such period (with
such expenditures to be included in the period in which they are expensed); plus 

  
 29 

 (xiii) without duplication of amounts deducted from Excess Cash Flow in respect
of a prior period, at the option of the Borrower, the aggregate consideration (including earn-outs) required to be paid in Cash by the Borrower or its Restricted Subsidiaries pursuant to binding contracts (the “Contract
Consideration”) entered into prior to or during such period relating to capital expenditures, acquisitions or Investments permitted by Section 8.05 or otherwise consented to by the Required Lenders (other than (A) Investments
under Section 8.05(o) and (B) Investments (x) in Cash and Cash Equivalents or (y) in the Borrower or any of its Restricted Subsidiaries) to be consummated or made during the period of four consecutive fiscal quarters of the
Borrower following the end of such period (except, in each case, to the extent financed with long-term Indebtedness (other than revolving Indebtedness)); provided that to the extent the aggregate amount actually utilized in Cash to finance such
capital expenditures, acquisitions or Investments during such subsequent period of four consecutive fiscal quarters is less than the Contract Consideration, the amount of such shortfall shall be added to the calculation of Excess Cash Flow at the
end of such subsequent period of four consecutive fiscal quarters. 
 “Excess Cash Flow Prepayment Date” shall have
the meaning given to such term in Section 2.06(g). 
 “Exchange Act” shall mean the Securities Exchange Act
of 1934, and all rules and regulations from time to time promulgated thereunder. 
 “Excluded Assets” shall
mean, (i) with respect to Realty, (x) all leasehold interests (including requirements to deliver landlord lien waivers, estoppels and collateral access letters), (y) all fee-owned Realty located outside the United States and
(z) with respect to all other fee-owned Realty, (i) to the extent owned as of the Closing Date, all such Realty that is not specified on Schedule 1.01(b) and (ii) to the extent acquired after the Closing Date, all such Realty having a
fair market value of less than $7,500,000 as of the date such Realty was acquired, (ii) all motor vehicles and other assets subject to certificates of title, letter of credit rights having a fair market value of less than $7,500,000 (except to
the extent a security interest therein can be perfected by filing a UCC financing statement) and any commercial tort claims involving a claim for less than $7,500,000, (iii) any asset to the extent a grant of a security interest therein is
prohibited or restricted by applicable Requirements of Law or that would require the consent of any Governmental Authority or third party to such pledge or the grant of such security interest, unless such consent has been obtained, in each case,
except to the extent such prohibition or restriction is ineffective under the applicable UCC (other than proceeds thereof, the assignment of which is expressly deemed effective under the applicable UCC notwithstanding such prohibition or
restriction), (iv) Margin Stock, (v) all leases, contracts, agreements, licenses, franchises and permits to the extent the grant of a security interest therein is prohibited or is restricted by applicable Requirements of Law or by the
terms thereof or that would require the consent of any Governmental Authority or third party to such pledge or security interest, unless such consent has been obtained, in each case except to the extent such prohibition or restriction is ineffective
under the applicable UCC (other than proceeds thereof, the assignment of which is expressly deemed effective under the applicable UCC notwithstanding such prohibition), (vi) equipment and assets that are subject to a lien securing a purchase
money or Capital Lease obligation permitted to be incurred under the Credit Documents, if the underlying contract or  

  
 30 

 
other agreement prohibits or restricts the creation of any other lien on such equipment (including any requirement to obtain the consent of a third party) or the granting of a lien on such assets
would trigger the termination (or a right of termination) of any such purchase money or capital lease agreement pursuant to any “change of control” or similar provision or the ability for any third party to amend any rights, benefits
and/or obligations of the Credit Parties in respect of those assets or which require any Credit Party or any subsidiary of any Credit Party to take any action materially adverse to the interests of that subsidiary or any Credit Party, except to the
extent such prohibition or restriction is ineffective under the applicable UCC (other than the proceeds thereof, with respect to which the collateral assignment in favor of the Secured Parties is expressly deemed effective under the applicable UCC
notwithstanding such prohibition), (vii) those assets as to which the Administrative Agent and the Borrower reasonably agree that the cost, burden or consequences (including adverse tax consequences) of obtaining such a security interest or
perfection thereof are excessive in relation to the benefit to the Lenders of the security to be afforded thereby, (viii) Capital Stock in (A) any partnership, joint venture and any non-Wholly Owned Subsidiary to the extent not permitted
or restricted by the terms of such Person’s Organization Documents or other agreements with the other holders of Capital Stock in such Person, or would require the consent of any third party to such pledge or security interest, unless such
consent has been obtained and (B) any Excluded Subsidiary of the type referred to in clauses (b), (d), (e), (j) and (f) of the definition of “Excluded Subsidiary”, (ix) Capital Stock of any Foreign Subsidiary of the
Borrower or Disregarded Domestic Subsidiary of the Borrower, other than 65% of the issued and outstanding Capital Stock entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) and 100% of the Capital Stock not entitled to
vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) of such Foreign Subsidiary or Disregarded Domestic Subsidiary, as applicable, (x) assets to the extent a security interest in such assets would result in material adverse tax
consequences (including as a result of the operation of Section 956 of the Code or any similar law or regulation in any applicable jurisdiction), (xi) all foreign intellectual property and any “intent-to-use” trademark
applications prior to the filing of a “Statement of Use” or “Amendment to Allege Use” with respect thereto, to the extent, if any, that, and solely during the period, if any, in which the grant of a security interest therein
would impair the validity or enforceability of such intent-to-use trademark application under applicable federal law, (xii) deposit accounts and securities accounts (including zero balance accounts consisting exclusively of funds used for
payroll), (xiii) the Radford Assets and (xiv) such other assets with respect to which the Administrative Agent and the Borrower shall have reasonably determined shall constitute “Excluded Assets”. 

“Excluded Contributions” shall mean the Net Cash Proceeds of Qualified Equity Issuances (other than any issuances of
Permitted Cure Security) designated as Excluded Contributions pursuant to an officer’s certificate delivered to the Administrative Agent on or promptly after the date such Qualified Equity Issuances, as the case may be, which are excluded from
amounts included in the Available Amount. 
 “Excluded Subsidiary” shall mean: 

(a) any Restricted Subsidiary that is not a Wholly-Owned Subsidiary, 

(b) any Immaterial Subsidiary, 

  
 31 

 (c) any Restricted Subsidiary that (i) is prohibited by (A) any Requirement of Law or
(B) any contractual obligation that from providing a Guaranty (provided that in the case of the foregoing clause (B), such contractual obligation exists on the Closing Date or at the time such Restricted Subsidiary becomes a Subsidiary and
shall not have been entered into in contemplation of such Restricted Subsidiary becoming a Subsidiary) or (ii) would require a governmental consent, approval, license or authorization (including any regulatory consent, approval, license or
authorization) to provide a Guaranty, 
 (d) any not-for-profit subsidiary, 

(e) captive insurance subsidiaries, 

(f) any special purpose entity used for any permitted securitization or receivables facility or financing, 

(g) any Foreign Subsidiary, 

(h) any Disregarded Domestic Subsidiary, 

(i) any Domestic Subsidiary that is a direct or indirect Subsidiary of a Foreign Subsidiary or a Disregarded Domestic Subsidiary, 

(j) any Unrestricted Subsidiary, and 

(k) any other Restricted Subsidiary with respect to which, in the reasonable judgment of the Administrative Agent and the Borrower, the burden
or cost of providing a Guaranty (including any materially adverse tax consequences) outweighs the benefits afforded thereby. 

“Excluded Swap Obligation” shall mean, with respect to any Guarantor, any Swap Obligation if, and to the extent that,
all or a portion of the Guaranties of such Guarantor of or the grant by such Guarantor of a Lien to secure, such Swap Obligation (or any Guaranties thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of
the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Guarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity
Exchange Act and the regulations thereunder at the time the Guaranty of such Guarantor or the grant of such security interest becomes effective with respect to such Swap Obligation (which for the avoidance of doubt shall be determined after giving
effect to any “keepwell, support or other agreement” (as such terms are used under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of
any thereof) by virtue of such Guarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the security interest of such
Guarantor becomes effective with respect to such Swap Obligation). If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to
swaps for which such Guaranties or security interest is or becomes illegal. 

  
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 “Excluded Taxes” shall mean any of the following Taxes imposed on or with
respect to a Recipient or required to be withheld or deducted from a payment to a Recipient: (a) Taxes imposed on or measured by income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result
of such Recipient being organized under the laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that
are Other Connection Taxes, (b) in the case of a Lender, any U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in
effect on the date on which (i) such Lender acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 2.20) or (ii) such Lender changes its lending office, except in
each case to the extent that, pursuant to Section 2.17, amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed
its lending office, (c) Taxes attributable to such Recipient’s failure to comply with Section 2.17(g) and (d) any U.S. federal withholding Taxes imposed under FATCA. 

“Existing Letter of Credit” shall mean any letter of credit previously issued that (a) will remain outstanding on
and after the Closing Date and (b) is listed on Schedule 1.01(a) hereto. 
 “Expected Cost Savings” has
the meaning given to such term in the definition of Consolidated EBITDA. 
 “Extended Maturity Date” shall
have the meaning given to such term in Section 12.06(c). 
 “Extension” shall have the meaning given to
such term in Section 12.06(c). 
 “Extension Amendments” shall have the meaning given to such term in
Section 12.06(g). 
 “Extension Offer” shall have the meaning given to such term in
Section 12.06(c). 
 “FATCA” shall mean Sections 1471 through 1474 of the Code, as of the date of
this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any agreements entered into pursuant to
Section 1471(b)(1) of the Code and any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement. 

“Federal Funds Rate” shall mean, for any period, a fluctuating interest rate per annum equal for each day during such
period to the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers, as published for such day (or, if such day is not a Business Day, for the next
preceding Business Day) by the Federal Reserve Bank of New York, or if such rate is not so published for any day that is a Business Day, the average of the quotations for such day on such transactions received by the Administrative Agent from three
federal funds brokers of recognized standing selected by the Administrative Agent. 

  
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 “Federal Reserve Board” shall mean the Board of Governors of the Federal
Reserve System or any successor thereto. 
 “Financial Covenant” shall mean the covenant contained in
Section 7.01 of this Agreement. 
 “Financial Covenant Cross Acceleration” shall have the meaning given
to such term in Section 9.01(b). 
 “First Lien Leverage Ratio” shall mean the ratio, as of any date of
determination, of (a) Consolidated First Lien Debt as of such date (net of the Unrestricted Cash Amount as of such date) to (b) Consolidated EBITDA for the Test Period then most recently ended. 

“Fixed Amounts” shall have the meaning given to such term in Section 1.02(b)(v). 

“Floating Restricted Junior Payment Amount” shall mean, at any time the greater of $50,000,000 and 2.0% of
Consolidated Total Assets of the last day of the most recently ended Test Period, minus the sum of (a) the amount of Restricted Junior Payments made by the Borrower or any Restricted Subsidiary in reliance on
Section 8.06(d) and (b) the amount of outstanding Investments made by the Borrower or any Restricted Subsidiary in reliance on Section 8.05(m). 

“Flood Hazard Property” shall mean any Realty subject to a Mortgage and located in an area designated by the Federal
Emergency Management Agency as having special flood or mudslide hazards. 
 “Foreign Factoring Arrangement”
shall mean any non-recourse factoring arrangement entered into by any Foreign Subsidiary with respect to accounts receivable of such entity pursuant to customary terms, in each case, under which none of the Borrower, any Credit Party or any
Restricted Subsidiary that is a Domestic Subsidiary shall have any Contingent Obligation, provided that the aggregate recourse and exposure of any Foreign Subsidiaries in respect to all such arrangements shall not at any time
exceed $75,000,000. 
 “Foreign Lender” shall mean a Lender that is not a U.S. Person. 

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

“Fronting Exposure” shall mean at any time there is a Defaulting Lender, (a) with respect to the Issuing Lender,
such Defaulting Lender’s Applicable Percentage of the outstanding Obligations with respect to Letters of Credit issued by the Issuing Lender other than such Obligations as to which such Defaulting Lender’s participation obligation has been
reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to any Swingline Lender, such Defaulting Lender’s Applicable Percentage of outstanding Swingline Loans made by such Swingline
Lender other than Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders in accordance with the terms hereof. 

  
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 “Funded Debt” shall mean, with respect to any Person, without
duplication, (i) all Indebtedness of such Person for borrowed money, (ii) all purchase money Indebtedness of such Person, including without limitation the principal portion of all obligations of such Person under Capital Leases
(iii) all Contingent Obligations of such Person with respect to Funded Debt of another Person and (iv) all unreimbursed obligations with respect to standby letters of credit or bankers’ acceptances issued or created for the account of
such Person (but excluding, for the avoidance of doubt, the face amount of any issued and undrawn letters of credit and bankers’ acceptances). 

“GAAP” shall mean generally accepted accounting principles, as set forth in the statements, opinions and
pronouncements of the Accounting Principles Board, the American Institute of Certified Public Accountants and the Financial Accounting Standards Board, consistently applied and maintained, as in effect from time to time (subject to the provisions of
Section 1.02). 
 “Governmental Authority” shall mean the government of the United States or any other
nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory or self-regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing,
regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Guarantors” shall mean, collectively, each of Holdings and the Subsidiary Guarantors, and each, a
“Guarantor”. 
 “Guaranty” shall mean the guaranty set forth in Article 11 of this Agreement
made by Holdings and each Subsidiary Guarantor in favor of the Administrative Agent and the Secured Parties. 

“Hazardous Substances” shall mean any substances or materials (i) that are or become defined as hazardous wastes,
hazardous substances, pollutants, contaminants or toxic substances under any Environmental Law, (ii) that are defined or regulated by any Environmental Law as toxic, explosive, corrosive, ignitable, infectious, radioactive, mutagenic or
otherwise hazardous, (iii) the presence of which require investigation or response under any Environmental Law, or (iv) that contain, without limitation, asbestos, polychlorinated biphenyls, urea formaldehyde foam insulation, petroleum
hydrocarbons, petroleum derived substances or wastes, crude oil, nuclear fuel, toxic mold, natural gas or synthetic gas. 

“Hedge Agreement” shall mean any agreement with respect to any Derivative Transaction between any Credit Party or any
Restricted Subsidiary and any other Person. 
 “Hedging Obligation” shall mean, with respect to any Person,
the obligations of such Person under any Hedge Agreement. 
 “Holdings” shall have the meaning given to such
term in the introductory paragraph to this Agreement. 

  
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 “Immaterial Subsidiary” shall mean any Restricted Subsidiary of the
Borrower as to which, as of any relevant date of determination, (a) the consolidated total assets of such Restricted Subsidiary and its Subsidiaries (on a consolidated basis and giving effect to intercompany eliminations) and all other
Immaterial Subsidiaries as of such date (and their respective Subsidiaries (on a consolidated basis and giving effect to intercompany eliminations), do not exceed an amount equal to 5.0% of the consolidated total assets (giving effect to
intercompany eliminations) of the Borrower and its Subsidiaries as of the last day of the most recently ended fiscal quarter and (b) the revenues of such Restricted Subsidiary and its Subsidiaries (on a consolidated basis and giving effect to
intercompany eliminations) for such fiscal quarter and all other Immaterial Subsidiaries as of such date (on a consolidated basis and giving effect to intercompany eliminations) for such fiscal quarter do not exceed an amount equal to 5.0% of the
consolidated revenues (giving effect to intercompany eliminations) of the Borrower and its Subsidiaries for such quarter, unless in either case, the Borrower shall have designated that such Restricted Subsidiary shall not be an Immaterial
Subsidiary. 
 “Incremental Cap” shall mean (a) $550,000,000 (less any amounts incurred in reliance on
clause (r)(a) of Section 8.02) plus (b) the aggregate amount of any voluntary prepayment of Term Loans, senior secured Indebtedness that is secured on a pari passu basis or Revolving Loans (to the extent
accompanied by a corresponding permanent reduction of the Revolving Credit Commitments) to the extent the relevant prepayment or reduction is not funded or effected with any long term Indebtedness; plus (c) an unlimited amount so long
as, in the case of this clause (c), (x) if such Indebtedness is secured on a first lien basis, the First Lien Leverage Ratio would not exceed 2.25:1.00; (y) if such Indebtedness is secured on a second or junior lien basis, the Total
Secured Leverage Ratio would not exceed 2.25:1.00; and (z) if such Indebtedness is unsecured, the Total Leverage Ratio would not exceed 4.00:1.00, in each case calculated on a Pro Forma Basis as of the last day of the most recently ended Test
Period and, in the case of any Incremental Revolving Facility, assuming a full drawing of such Incremental Revolving Facility. 

“Incremental Commitment” shall mean any commitment made by a lender to provide all or any portion of any Incremental
Facility or Incremental Loan. 
 “Incremental Facility” shall have the meaning given to such term in Section
2.22. 
 “Incremental Facility Agreement” shall mean an agreement in form and substance reasonably
satisfactory to the Administrative Agent containing the terms of any Incremental Facility incurred pursuant to Section 2.22. 

“Incremental Loan” shall have the meaning given to such term in Section 2.22. 

“Incremental Revolving Credit Facility” shall have the meaning given to such term in Section 2.22. 

“Incremental Revolving Lender” shall mean, with respect to any Incremental Revolving Facility, each Revolving Lender
providing any portion of such Incremental Revolving Facility. 
 “Incremental Revolving Facility” shall have
the meaning given to such term in Section 2.22. 

  
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 “Incremental Revolving Loan” shall have the meaning given to such term in
Section 2.22. 
 “Incremental Term Facility” shall have the meaning given to such term in Section
2.22. 
 “Incremental Term Loans” shall have the meaning given to such term in Section 2.22. 

“Incurrence-Based Amounts” shall have the meaning given to such term in Section 1.02(b)(v). 

“Indebtedness” shall mean, with respect to any Person (without duplication), (i) all indebtedness
and obligations of such Person for borrowed money or in respect of loans or advances of any kind, (ii) all obligations of such Person evidenced by notes, bonds, debentures or similar instruments to the extent the same would appear as a
liability on a balance sheet in conformity with GAAP, (iii) all reimbursement obligations of such Person with respect to surety bonds, letters of credit and bankers’ acceptances (in each case, whether or not drawn or matured and in the
stated amount thereof), (iv) all obligations of such Person to pay the deferred purchase price of property or services (other than services provided by employees and individual independent contractors) (excluding (w) any earn-out
obligation or purchase price adjustments until such obligation becomes a liability on the balance sheet (excluding the footnotes thereto) in accordance with GAAP and has not been paid within 30 days after becoming due and payable, (x) any such
obligations incurred under ERISA, (y) accrued expenses and trade accounts payable in the ordinary course of business (including on an inter-company basis) and (z) liabilities associated with customer prepayments and deposits), which
purchase price is (i) due more than six months from the date of incurrence of the obligation in respect thereof or (ii) evidenced by a note or similar written instrument to the extent the same would appear as a liability on a balance sheet
prepared in accordance with GAAP; provided, however, that all such obligations and liabilities that are limited in recourse solely to such property shall be included in Indebtedness only to the extent of the book value of such property as
would be shown on a balance sheet prepared in accordance with GAAP, (v) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to property acquired by such Person; provided,
however, that all such obligations and liabilities that are limited in recourse solely to such property shall be included in Indebtedness only to the extent of the book value of such property as would be shown on a balance sheet prepared in
accordance with GAAP, (vi) all obligations of such Person as lessee under leases that are or are required to be, in accordance with GAAP, recorded as Capital Leases, to the extent such obligations are required to be so recorded, (vii) all
obligations and liabilities of such Person incurred in connection with any transaction or series of transactions providing for the financing of assets through one or more securitizations or in connection with, or pursuant to, any synthetic lease or
similar off-balance sheet financing, (viii) all Disqualified Capital Stock issued by such Person, with the amount of Indebtedness represented by such Disqualified Capital Stock being equal to the greater of its voluntary or involuntary
liquidation preference and its maximum fixed repurchase price, but excluding accrued dividends, if any (for purposes hereof, the “maximum fixed repurchase price” of any Disqualified Capital Stock that does not have a fixed repurchase price
shall be calculated in accordance with the terms of such Disqualified Capital Stock as if such Disqualified Capital Stock were purchased on any date on which Indebtedness shall be required to be determined pursuant to this Agreement, and if such
price is based upon, or measured by, the fair market  

  
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value of such Disqualified Capital Stock, such fair market value shall be determined reasonably and in good faith by the board of directors or other governing body of the issuer of such
Disqualified Capital Stock), (ix) Contingent Obligations of such Person, (x) all net obligations of such Person in respect of any Derivative Transaction, including any Hedge Agreement, whether or not entered into for hedging or speculative
purposes; provided that in no event shall obligations under any Derivative Transaction be deemed “Indebtedness” for any calculation of financial ratio under this Agreement and (xi) all indebtedness of the type referred to in
clauses (i) through (x) above (A) of any partnership or unincorporated joint venture in which such Person is a general partner or joint venturer to the extent such Person is liable therefor or (B) secured by any Lien on any
property or asset owned or held by such Person regardless of whether or not the indebtedness secured thereby shall have been incurred or assumed by such Person or is nonrecourse to the credit of such Person; provided, however, the amount of
any indebtedness of others that constitutes Indebtedness of such Person solely by reason of this clause (B) shall not for purposes of this Agreement exceed the fair market value of the properties or assets subject to such Lien. Notwithstanding
anything herein to the contrary, the term “Indebtedness” shall not include, and shall be calculated without giving effect to, (y) the effects of Accounting Standards Codification Topic 815 and related interpretations to the extent
such effects would otherwise increase or decrease an amount of Indebtedness for any purpose hereunder as a result of accounting for any embedded derivatives created by hereunder but for the application of this proviso shall not be deemed an
incurrence of Indebtedness hereunder and (z) the effects of Statement of Financial Account Standards No. 133 and related interpretations to the extent such effects would otherwise increase or decrease an amount of Indebtedness for any
purpose under this Agreement as a result of accounting for any embedded derivative created by the terms of such Indebtedness and any such amounts that would have constituted Indebtedness under this Agreement but for the application of this sentence
shall not be deemed to be an incurrence of Indebtedness under this Agreement. For the avoidance of doubt, Indebtedness shall exclude ordinary course intercompany payables among the Borrower and its Restricted Subsidiaries. 

“Indemnified Costs” shall have the meaning given to such term in Section 12.02. 

“Indemnified Person” shall have the meaning given to such term in Section 12.02. 

“Indemnified Taxes” shall mean (a) Taxes imposed on or with respect to any payment made by or on account of any
obligation of any Credit Party under any Credit Document and (b) to the extent not otherwise described in (a), Other Taxes, other than, in the case of clauses (a) and (b), Excluded Taxes. 

“Information Memorandum” shall mean the Confidential Information Memorandum dated September 2014, relating to the
Borrower and its Subsidiaries and the Transactions. 
 “Initial Revolving Credit Commitments” shall mean,
with respect to any Initial Revolving Lender, the amount set forth on such Lender’s signature page under the caption “Revolving Credit Commitment” on the Closing Date or, if such Lender has entered into one or more Assignment
and Acceptances, the amount set forth for such Lender at such time in the Register maintained by the Administrative Agent pursuant to Section 12.07(b) as such Lender’s “Revolving Credit Commitment”, as such amount may be
reduced or increased at or prior to such time pursuant to the terms hereof. The aggregate amount of Initial Revolving Credit Commitments of all Initial Revolving Lenders shall be $250,000,000 on the Closing Date. 

  
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 “Initial Revolving Credit Exposure” shall mean, with respect to any
Lender as of any date of determination, (i) prior to the termination of the Initial Revolving Credit Commitments, that Lender’s Initial Revolving Credit Commitment; and (ii) after the termination of the Initial Revolving Credit
Commitments, the sum of (a) the aggregate outstanding principal amount of the Initial Revolving Loans of that Lender, (b) in the case of the Issuing Lender, the aggregate Letter of Credit Usage in respect of all Letters of Credit issued by
that Lender (net of any participations by Lenders in such Letters of Credit), (c) the aggregate amount of all participations by that Lender in any outstanding Letters of Credit or any unreimbursed drawing under any Letter of Credit, (d) in
the case of the Swingline Lender, the aggregate outstanding principal amount of all Swingline Loans (net of any participations therein by other Lenders), and (e) the aggregate amount of all participations therein by that Lender in any
outstanding Swingline Loan. 
 “Initial Revolving Lender” shall mean a Lender with an Initial Revolving
Credit Commitment or any Initial Revolving Credit Exposure. 
 “Initial Revolving Credit Maturity Date” shall
mean the date that is five years after the Closing Date. 
 “Initial Revolving Loans” shall mean the
revolving loans made by the Initial Revolving Lenders to the Borrower pursuant to Section 2.01(b). 
 “Initial Term
Lender” shall mean any Lender having an Initial Term Loan Commitment and/or holding outstanding Initial Term Loans. 

“Initial Term Loan Commitment” shall mean, with respect to any Term Lender the amount set forth on such Term
Lender’s signature page under the caption “Term Loan Commitment” on the Closing Date or, if such Term Lender has entered into one or more Assignment and Acceptances or Affiliate Assignment Agreements, the amount set forth for
such Term Lender at such time in the Register maintained by the Administrative Agent pursuant to Section 12.07(b) as such Lender’s “Term Loan Commitment,” as such amount may be reduced at or prior to such time pursuant to
the terms hereof. The aggregate amount of the Initial Term Loan Commitments of all Term Lenders shall be $1,350,000,000 on the Closing Date. 

“Initial Term Loan Maturity Date” shall mean the date that is seven years after the Closing Date. 

“Initial Term Loans” shall have the meaning given to such term in Section 2.01(a). 

“Intellectual Property” shall have the meaning given to such term in the Security Agreement. 

“Interest Period” shall have the meaning given to such term in Section 2.10. 

“Investments” shall have the meaning given to such term in Section 8.05. 

  
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 “IRS” shall mean the United States Internal Revenue Service. 

“Issuer Documents” shall mean with respect to any Letter of Credit, the Letter of Credit Application, and any other document,
agreement and instrument entered into by the Issuing Lender and the Borrower (or any Restricted Subsidiary) or in favor of the Issuing Lender and relating to such Letter of Credit. 

“Issuing Lender” shall mean, unless the context requires otherwise, (i) Bank of America, N.A., in its capacity as
an issuer of Letters of Credit and (ii) any other Revolving Lender designated as the “Issuing Lender” by the Administrative Agent, such Revolving Lender and the Borrower, in its capacity as issuer of Letters of Credit, and its
successors in such capacity. In the event there is more than one Issuing Lender, the relevant provisions herein and in the other Credit Documents shall be construed accordingly to refer to the applicable Issuing Lenders, as appropriate. 

“Knowledge” shall mean, with respect to any Person, the actual knowledge of a Responsible Officer of such Person. 

 “Latest Maturity Date” shall mean, at any date of determination, the latest Maturity Date applicable to any
Loan or Commitment hereunder at such time. 
 “Latest Revolving Credit Maturity Date” shall mean, as of any
date of determination, the latest maturity or expiration date applicable to any Revolving Loan or Revolving Credit Commitment hereunder at such time. 

“Latest Term Loan Maturity Date” shall mean, as of any date of determination, the latest maturity or expiration date
applicable to any Term Loan or Term Loan Commitment hereunder at such time. 
 “Lender” shall mean each
financial institution signatory hereto and each other financial institution that becomes a “Lender” hereunder pursuant to Section 12.07 or Section 2.22, as applicable. 

“Lending Office” shall mean, with respect to any Lender, the office of such Lender designated as its “Lending
Office” on its signature page hereto or in an Assignment and Acceptance or Affiliate Assignment Agreement, or such other office as may be otherwise designated in writing from time to time by such Lender to the Borrower and the Administrative
Agent. A Lender may designate separate Lending Offices as provided in the foregoing sentence for the purposes of making or maintaining different Types of Loans. 

“Letter of Credit Application” shall mean an application and agreement for the issuance or amendment of a Letter of Credit in
the form of Exhibit I or such other form as shall be agreed by the Borrower and the applicable Issuing Lender. 
 “Letter of
Credit Exposure” shall mean, with respect to any Lender at any time, such Lender’s ratable share (based on the proportion that its Revolving Credit Commitment bears to the aggregate Revolving Credit Commitments at such time) of the sum
of (i) the aggregate Stated Amount of all Letters of Credit outstanding at such time and (ii) the aggregate amount of all Reimbursement Obligations outstanding at such time. 

  
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 “Letter of Credit Notice” shall have the meaning given to such term in
Section 3.02. 
 “Letter of Credit Usage” shall mean, as at any date of determination, the sum of
(i) the maximum aggregate amount which is, or at any time thereafter may become, available for drawing under all Letters of Credit then outstanding, (including without limitation, any and all Letters of Credit for which documents have been
presented that have not been honored or dishonored) and (ii) the aggregate amount of all drawings under Letters of Credit honored by the Issuing Lender and not theretofore reimbursed by or on behalf of the Borrower. 

“Letters of Credit” shall have the meaning given to such term in Section 3.01(b). 

“LIBOR Loan” shall mean, at any time, any Loan that bears interest at such time at the applicable Adjusted LIBOR
Rate. 
 “LIBOR Rate” shall mean, with respect to each LIBOR Loan comprising part of the same Borrowing for
any Interest Period, the higher of:  
 (x) in respect of the Initial Term Loans only, 1.00% per annum; and 

(y) (a) in the case of any LIBOR Loan denominated in Dollars, Sterling or another Alternate Currency (other than Euros or Canadian Dollars):

 (i) the rate per annum equal to the rate determined by reference to the ICE Benchmark Administration London Interbank
Offered Rate (as provided by any service which has been nominated by the ICE Benchmark Administration as an authorized information vendor for the purpose of displaying such rate) for deposits in Dollars, Sterling or such Alternate Currency, as
applicable (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period, 

(ii) if the rate referenced in the preceding clause (a)(i) does not appear on such page or service or such page or
service is not available, the rate per annum equal to the rate reasonably determined by the Administrative Agent to be the offered rate on such other page or other service that displays an average ICE Benchmark Administration London Interbank
Offered Rate for deposits in Dollars or an average ICE Benchmark Administration London Interbank Offered Rate for deposits in Sterling or such Alternate Currency, as applicable, offered in the London interbank market (for delivery on the first day
of such Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first day of such Interest Period or 

(iii) if the rates referenced in the preceding clauses (a)(i) and (a)(ii) are not available, the rate per annum
reasonably determined by the Administrative Agent as the rate of interest at which deposits in Dollars, Sterling or such Alternate Currency, as 

  
 41 

 
applicable, for delivery on the first day of such Interest Period in immediately available funds in the approximate amount of the LIBOR Loan being made, continued or converted by the
Administrative Agent and with a term equivalent to such Interest Period would be offered by a London-based Affiliate of the Administrative Agent to major banks in the London interbank market at their request at approximately 11:00 a.m. (London time)
two Business Days prior to the first day of such Interest Period or, if different in the case of LIBOR Loans denominated in such Alternate Currency other than Sterling, the date on which quotations would customarily be provided by leading banks in
the London interbank market for deposits of amounts in the relevant currency for delivery on the first day of such Interest Period; 
 (b)
in the case of any LIBOR Loan denominated in Euros: 
 (i) the rate per annum equal to the offered rate as published by
Bloomberg (or another commercially available source providing quotations of the Banking Federation of the European Union Interest Settlement Rate for deposits in Euros as designated by the Administrative Agent with the consent of the Borrower from
time to time) for deposits in Euros (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (Brussels time) two Business Days prior to the first day of such
Interest Period, 
 (ii) if the rate referenced in the preceding clause (b)(i) does not appear on such page or service
or such page or service is not available, the rate per annum equal to the rate reasonably determined by the Administrative Agent to be the offered rate on such other page or other service that displays an average Banking Federation of the European
Union Interest Settlement Rate for deposits in Euros (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period, determined as of approximately 11:00 a.m. (London time) two Business Days prior to the first
day of such Interest Period or 
 (iii) if the rates referenced in the preceding clauses (b)(i) and (b)(ii) are
not available, the rate per annum reasonably determined by the Administrative Agent as the rate of interest at which deposits in Euros for delivery on the first day of such Interest Period in immediately available funds in the approximate amount of
the LIBOR Loan being made, continued or converted by the Administrative Agent and with a term equivalent to such Interest Period would be offered by a London-based Affiliate of the Administrative Agent to major banks in the European interbank market
at their request at approximately 11:00 a.m. (Brussels time) two Business Days prior to the first day of such Interest Period; and 
 (c) in
the case of any LIBOR Loan denominated in Canadian Dollars, the BA Rate. 
 provided that if any of the rates set forth above shall
be less than zero percent per annum, such rate shall be deemed to be zero percent per annum for purposes of this Agreement. 

  
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 “Lien” shall mean any mortgage, deed of trust, pledge, hypothecation,
collateral assignment, lien (statutory or otherwise), preference, priority, charge or other encumbrance of any nature, whether voluntary or involuntary, including, without limitation, the interest of any vendor or lessor under any conditional
sale agreement, title retention agreement, capital lease or any other lease or arrangement having substantially the same effect as any of the foregoing. 

“Limited Condition Acquisition” shall mean any acquisition or similar Investment (including the assumption or
incurrence of Indebtedness in connection therewith) in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing. 

“Loans” shall mean any or all of the Term Loans, the Revolving Loans and the Swingline Loans. 

“London Banking Day” shall mean any day on which dealings in Dollar or Sterling deposits, as applicable, are conducted
by and between banks in the London interbank market. 
 “Management Investors” shall mean the officers,
directors, managers, employees and members of management of the Borrower or any Parent Company.  
 “Management
Consulting Agreements” shall mean those certain management consulting agreements entered into by each of ASP HHI Holdings, Inc., MD Investors Corporation and ASP Grede Intermediate Holdings LLC with the Sponsor in connection with the
original acquisitions of HHI, Metaldyne and Grede. 
 “Margin Stock” shall have the meaning given to such
term in Regulation U. 
 “Material Adverse Effect” shall mean a material adverse effect upon (i) the
condition (financial or otherwise), results of operations, business or assets of Holdings, the Borrower and its Restricted Subsidiaries, taken as a whole, (ii) the ability of Holdings, the Borrower or any Restricted Subsidiary to perform its
material obligations under this Agreement or any of the other Credit Documents to which it is a party or (iii) the legality, validity or enforceability of this Agreement or any of the other Credit Documents or the rights and remedies of the
Administrative Agent and the Lenders hereunder and thereunder. 
 “Material Subsidiary” shall mean any
Subsidiary that is not an Immaterial Subsidiary. 
 “Maturity Date” shall mean (a) with respect to the
Initial Revolving Credit Commitments, the Initial Revolving Credit Maturity Date, (b) with respect to the Initial Term Loans, the Initial Term Loan Maturity Date, (c) with respect to any Refinancing Term Loans or Replacement Revolving
Credit Commitments, the final maturity date for such Refinancing Term Loans or Replacement Revolving Credit Commitments, as the case may be, as set forth in the applicable Refinancing Amendment, (d) with respect to any Incremental Facility, the
final maturity date set forth in the applicable Incremental Facility Agreement, and (e) with respect to any Revolving Credit Commitment or Term Loan that is extended pursuant to Section 12.06, the final maturity date set forth in the
applicable Extension Amendment. 
 “Mexican Subsidiary” shall mean any Subsidiary of the Borrower or any of
its Subsidiaries incorporated or organized under the laws of Mexico. 

  
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 “Minimum Collateral Amount” shall mean, at any time, (i) with
respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 103% of the Dollar Equivalent of the Fronting Exposure of the Issuing Lender with respect to Letters of Credit issued and outstanding at such time and
(ii) otherwise, an amount determined by the Administrative Agent and the Issuing Lender in their sole discretion. 

“Minimum Extension Condition” shall have the meaning given to such term in Section 12.06(e). 

“Moody’s” shall mean Moody’s Investors Service, Inc. 

“Mortgaged Property” shall mean, initially, each owned real property of the Credit Parties specified on Schedule
1.01(b) and shall include each other Realty (other than Realty that qualifies as Excluded Assets) and improvements thereto with respect to which a Mortgage is required to be granted pursuant to Section 6.09(b). 

“Mortgages” shall mean any mortgage, deed of trust or other agreement which conveys or evidences a Lien in favor of
the Administrative Agent, for the benefit of the Administrative Agent and the other Secured Parties, on any Realty (other than Realty that qualifies as Excluded Assets) (it being understood and agreed that any requirement for Mortgages shall be
subject to the provisions of Section 4.01, Section 6.09 and the applicable provisions of Section 2(d) of the Security Agreement). 

“Multiemployer Plan” shall mean a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which any
Credit Party or any ERISA Affiliate is making or accruing an obligation to make contributions, or, within any of the preceding six years, has made or accrued an obligation to make contributions, and with respect to which any Credit Party has or
would reasonably be expected to have any obligation or liability. 
 “Multiple Employer Plan” shall mean a
single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of any Credit Party or any ERISA Affiliate and at least one Person other than the Credit Parties and the ERISA Affiliates or
(b) was so maintained and in respect of which any Credit Party or any ERISA Affiliate could be reasonably expected to have liability under Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated. 

“Net Cash Proceeds” shall mean (i) in the case of any issuance of Capital Stock or Debt Issuance, the aggregate
cash payments received by Holdings, the Borrower and its Restricted Subsidiaries less customary fees, taxes (including Tax Distributions and pursuant to any Tax sharing arrangements) and expenses (including investment banking fees, costs,
underwriting discounts and commissions) incurred by the Borrower and its Restricted Subsidiaries in connection therewith, (ii) in the case of any Casualty Event, the aggregate cash proceeds of insurance, condemnation awards and other
compensation received by the Borrower and its Restricted Subsidiaries in respect of such Casualty Event less (y) fees and expenses incurred by the Borrower and its Restricted Subsidiaries in connection therewith and (z) contractually
required repayments of Indebtedness to the extent secured by Liens on the property subject to such Casualty Event (excluding (A) Loans and (B) obligations constituting Permitted External 

  
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Refinancing Debt) and any income taxes (including Tax Distributions and pursuant to any Tax sharing arrangements) or transfer taxes paid or reasonably estimated by the Borrower to be payable
by the Borrower and its Restricted Subsidiaries as a result of such Casualty Event, and (iii) in the case of any Prepayment Asset Sale, the aggregate amount of all cash payments received by the Borrower and its Restricted Subsidiaries in
connection with such Prepayment Asset Sale less (w) fees and expenses incurred by the Borrower and its Restricted Subsidiaries in connection therewith, (x) Indebtedness to the extent the amount thereof is secured by a Lien on the property
that is the subject of such Prepayment Asset Sale (excluding (A) Loans and (B) obligations constituting Permitted External Refinancing Debt) and the transferee of (or holder of the Lien on) such Property requires that such Indebtedness be
repaid as a condition to such Prepayment Asset Sale, (y) any liability or obligation associated with such asset or assets which are the subject of such Prepayment Asset Sale, which liability or obligation has been retained by the Borrower or
any of its Restricted Subsidiaries, including (A) pension and other post-employment benefit obligations and (B) in the case of any Prepayment Asset Sale consummated by a Restricted Subsidiary that is not Wholly-Owned, any amounts owed to
minority investors as a result of such Prepayment Asset Sale and (z) any income taxes (including Tax Distributions and pursuant to any Tax sharing arrangements) or transfer taxes paid or reasonably estimated by the Borrower to be payable by
Holdings and its Restricted Subsidiaries as a result of such Prepayment Asset Sale; provided, however, that any amount of the purchase price in connection with any Prepayment Asset Sale that is held in escrow shall not be deemed to be
received by the Borrower or any of its Restricted Subsidiaries until such amount is paid to the Borrower or such Subsidiary out of escrow. Net Cash Proceeds received by the Borrower or any Wholly Owned Subsidiary of the Borrower shall equal 100% of
the proceeds received by the Borrower or such Subsidiary pursuant to clause (i), (ii) or (iii) above. Net Cash Proceeds received by any Restricted Subsidiary other than a Wholly Owned Subsidiary of the Borrower shall equal a percentage of
the proceeds received by such Subsidiary pursuant to clause (i), (ii) or (iii) above equal to the percentage of such Restricted Subsidiary’s total outstanding Capital Stock owned by the Borrower and its Restricted Subsidiaries.

 “Non-Credit Party” shall mean any Restricted Subsidiary of the Borrower that is not a Credit Party.

 “Non-Credit Party Investment Amount” shall mean, at any time the greater of $125,000,000 and 4.00% of
Consolidated Total Assets of the last day of the most recently ended Test Period, minus the sum of (a) the amount of outstanding Contingent Obligations incurred by the Borrower or any Restricted Subsidiary in reliance on
Section 8.02(m)(iii) and (b) the amount of outstanding Investments made by the Borrower or any Restricted Subsidiary in reliance on Section 8.05(g)(iii). 

“Non-Debt Fund Affiliate” shall mean the Sponsor and any Affiliate of the Sponsor, other than any Affiliated Debt
Fund. 
 “Non-Defaulting Lender” shall mean, at any time, each Lender that is not a Defaulting Lender at such
time. 

  
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 “Non-Public Information” shall mean material non-public information
(within the meaning of United States federal securities laws) with respect to Holdings, the Borrower and its Restricted Subsidiaries or each of their respective Securities. 

“Not Otherwise Applied” shall mean, with reference to any Net Cash Proceeds of any cash capital contributions or Net
Cash Proceeds from the sale or issuance of any Capital Stock that is proposed to be applied to a particular use or transaction, that such amount was not previously applied or is not simultaneously being applied, to any other use, payment or
transaction other than such particular use, payment or transaction. 
 “Notes” shall mean any or all of the
Term Notes, the Revolving Notes and the Swingline Note. 
 “Notice of Borrowing” shall have the meaning given
to such term in Section 2.02(b). 
 “Notice of Conversion/Continuation” shall have the meaning given to
such term in Section 2.11(b). 
 “Notice of Swingline Borrowing” shall have the meaning given to such
term in Section 2.02(d). 
 “Obligations” shall mean all obligations of every nature of each Credit
Party, including obligations from time to time owed to Agents, Lenders or any of them, that arise under any Credit Document, whether for principal, interest (including interest which, but for the filing of a petition in bankruptcy with respect to
such Credit Party, would have accrued on any Obligation, whether or not a claim is allowed against such Credit Party for such interest in the related bankruptcy proceeding), the aggregate Letter of Credit Exposure of all Lenders, fees, expenses,
indemnification or otherwise. 
 “OFAC” shall have the meaning given to such term in Section 5.20(a).

 “Organization Documents” shall mean: (i) with respect to any corporation, the certificate or articles of
incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-United States jurisdiction); (ii) with respect to any limited liability company, the certificate or articles of formation or organization
and operating agreement; and (iii) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and any agreement, instrument,
filing or notice with respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation
or organization of such entity. 
 “Other Applicable Indebtedness” shall have the meaning given to such term
in Section 2.06(f). 
 “Other Connection Taxes” shall mean, with respect to any Recipient, Taxes imposed as a
result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising solely from such Recipient having executed, delivered,  

  
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become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Credit
Document, or sold or assigned an interest in any Loan or Credit Document). 
 “Other Taxes” shall mean all present
or future stamp, court or documentary, intangible, recording, filing or similar Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security
interest under, or otherwise with respect to, any Credit Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment, but including such Taxes that are Other Connection Taxes imposed with respect to an
assignment made pursuant to Section 2.20. 
 “Parent Company” shall mean (a) Holdings and (b) any
other Person of which the Borrower is a direct or indirect Wholly Owned Subsidiary. 
 “Participant” shall
have the meaning given to such term in Section 12.07(g). 
 “Participant Register” shall have the
meaning given to such term in Section 12.07(h). 
 “Participating Member State” shall mean any member
state of the European Union that adopts or has adopted the Euro as its lawful currency in accordance with legislation of the European Union relating to Economic and Monetary Union. 

“PATRIOT Act” shall have the meaning given to such term in Section 4.01(k). 

“PBGC” shall mean the Pension Benefit Guaranty Corporation and any successor thereto. 

“Pending Transaction” shall mean any Limited Condition Acquisition in respect of which a definitive agreement has been
entered into and remains in full force and effect and with respect to which the calculation of compliance with certain financial ratios required for the permitted consummation thereof hereunder (or the incurrence of Indebtedness in connection
therewith) is being made at the time of signing of such definitive agreement. 
 “Perfection Certificate” shall mean
the Perfection Certificate substantially in the form of Exhibit B to the Security Agreement. 
 “Permitted
Acquisition” shall have the meaning given to such term in Section 8.05(h). 
 “Permitted Cure
Security” shall mean a common equity security issued by Holdings, the cash proceeds of which are contributed as cash common equity by Holdings to the Borrower, in connection with any exercise of the Cure Right under, and pursuant to,
Section 7.02. 
 “Permitted External Refinancing Debt” shall mean any Permitted External Refinancing
Loans and Permitted External Refinancing Notes. 

  
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 “Permitted External Refinancing Loans” shall mean any Indebtedness
incurred by the Borrower to refinance, refund or replace all or a portion of any existing Class of Term Loans or all of any existing Class of Revolving Loans in the form of loans; provided that (i) the final maturity
date of any such Indebtedness shall not be earlier than the final maturity of the Indebtedness being refinanced, refunded or replaced and, other than with respect to revolving Indebtedness, such Indebtedness shall have an Average Life equal to or
greater than the Average Life of the Indebtedness being refinanced, refunded or replaced; (ii) such Indebtedness may be (A) secured by the Collateral on a pari passu basis with the Secured Obligations (provided that such Indebtedness shall
be subject to the provisions of an intercreditor agreement on reasonable and customary terms reasonably satisfactory to the Administrative Agent reflecting the pari passu lien status of the Liens securing such Indebtedness and shall not be secured
by any property or assets other than the Collateral), (B) secured by the Collateral on a junior basis with the Secured Obligations (provided that such Indebtedness shall be subject to the provisions of a junior lien intercreditor agreement on
reasonable and customary terms and reasonably satisfactory to the Administrative Agent reflecting the second (or more junior) lien status of the Liens securing such Indebtedness and shall not be secured by any property or assets other than the
Collateral) or (C) unsecured; (iii) if such Indebtedness is unsecured or secured on a junior basis, such Indebtedness shall not have any amortization and shall mature at least six months after the maturity date of the Indebtedness being
refinanced, refunded or replaced; (iv) the terms and conditions (excluding maturity, pricing and optional prepayment or redemption terms) of such Indebtedness shall be substantially identical to, or no more favorable to the Persons providing
such Indebtedness, than those applicable to the Indebtedness being refinanced, refunded or replaced, except for covenants or other provisions applicable only to periods after the Latest Maturity Date applicable to the Indebtedness being refinanced,
refunded or replaced; (v) none of the obligors or guarantors with respect to such Indebtedness shall be a Person that is not a Credit Party; (vi) such Indebtedness shall be incurred under (and pursuant to) documentation other than this
Agreement; (vii) the principal amount of such Indebtedness does not exceed the principal amount of the Indebtedness being refinanced, refunded or replaced except by an amount equal to unpaid accrued interest and premiums (including tender
premiums) thereon plus underwriting discounts, other reasonable and customary fees, commissions, costs and expenses (including upfront fees, original issue discount or initial yield payments) incurred in connection with such refinancing or
replacement; (viii) any Permitted External Refinancing Loans shall share ratably or less than ratably in (or if junior in right of payment or as to security, on a junior basis with respect to) any payments or prepayments in respect of the Term
Loans and (ix) in the case of any Permitted External Refinancing Loans that are revolving loans, the definitive documentation with respect thereto shall include provisions to govern pro rata payment, prepayment, borrowings, letter of credit
participation and commitment reductions. 
 “Permitted External Refinancing Notes” shall mean any Indebtedness
incurred by the Borrower to refinance, refund or replace all or a portion of any existing Class of Term Loans in the form of one or more series of secured or unsecured debt securities; provided that (i) (A) the final maturity date
of any such Indebtedness shall not be earlier than the final maturity of the Indebtedness being refinanced, refunded or replaced, (B) such Indebtedness shall have an Average Life equal to or greater than the Average Life of the Indebtedness
being refinanced, refunded or replaced and (C) if such Indebtedness is unsecured or secured on a junior basis, such Indebtedness shall not have any amortization; (ii) such Indebtedness may be (A) secured by the Collateral on a pari
passu basis with the Secured Obligations (provided that such Indebtedness shall be subject to the provisions of an intercreditor agreement on customary terms reasonably satisfactory to the Administrative Agent reflecting the pari passu lien status
of the Liens securing 

  
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such Indebtedness and shall not be secured by any property or assets other than the Collateral), (B) secured by the Collateral on a junior basis with the Secured Obligations (provided that
such Indebtedness shall be subject to the provisions of a junior lien intercreditor agreement on customary terms reasonably satisfactory to the Administrative Agent reflecting the second (or more junior) lien status of the Liens securing such
Indebtedness and shall not be secured by any property or assets other than the Collateral) or (C) unsecured, (iii) the terms and conditions (excluding, maturity, pricing and optional prepayment or redemption terms) taken as a whole of such
Indebtedness shall be substantially identical to, or no more favorable to the Persons providing such Indebtedness than, those applicable to the Indebtedness being refinanced, refunded or replaced, except for covenants or other provisions applicable
only to periods after the Latest Maturity Date applicable to the Indebtedness being refinanced, refunded or replaced; (iv) none of the obligors or guarantors with respect to such Indebtedness shall be a Person that is not a Credit Party;
(v) such Indebtedness shall be incurred under (and pursuant to) documentation other than this Agreement, (vi) the principal amount of such Indebtedness does not exceed the principal amount of the Indebtedness being refinanced, refunded or
replaced except by an amount equal to unpaid accrued interest and premiums (including tender premiums) thereon plus any committed but undrawn amounts and underwriting discounts, other reasonable and customary fees, commissions, costs and expenses
(including upfront fees, original issue discount or initial yield payments) incurred in connection with such refinancing or replacement and (vii) shall share ratably or less than ratably in (or junior in right of payment or as to security, on a
junior basis with respect to) any payments or prepayments in respect of the Term Loans. Permitted External Refinancing Notes shall include any Registered Equivalent Notes issued in exchange therefor, which Registered Equivalent Notes shall comply
with the requirements of this definition of “Permitted External Refinancing Notes”. 
 “Permitted Holders”
shall mean (a) Sponsor, (b) all Controlled Investment Affiliates of Sponsor, (c) Management Investors and (d) any Person with which one or more of the foregoing Persons set forth in clauses (a), (b) and (c) hereof (such
Persons described in clauses (a), (b) and (c), the “Group Investors”) form a “group” (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act or any successor provision) so long as, in
the case of this clause (d), the relevant Group Investors directly or indirectly beneficially own more than 50% of the relevant voting power of the voting stock of the Borrower or any of its direct or indirect parent companies. 

“Permitted Liens” shall have the meaning given to such term in Section 8.03. 

“Person” shall mean any corporation, association, joint venture, partnership, limited liability company, organization,
business, individual, trust, government or agency or political subdivision thereof or any other legal entity. 

“Plan” shall mean a Single Employer Plan or a Multiple Employer Plan. 

“Platform” shall have the meaning given such term in Section 6.01. 

“Prepayment Asset Sale” shall mean any Disposition (other than as a result of a Casualty Event) by the Borrower or any
Restricted Subsidiary to any other Person (other than to the Borrower or to a Subsidiary Guarantor), whether in one transaction or in a series of related transactions, of any of its assets, business units or other properties made pursuant to
clauses (f), (i) and (o) of Section 8.04 and, to the extent Net Cash Proceeds in respect of the Radford Sale exceeds $10,000,000, clause (w) of Section 8.04. 

  
 49 

 “Prepayment Percentage” shall mean (i) for any fiscal year for which
the First Lien Leverage Ratio as of the last day of such fiscal year was greater than or equal to 1.80:1.00, 50%, (ii) for any fiscal year for which the First Lien Leverage Ratio as of the last day of such fiscal year was less than 1.80:1.00,
but greater than or equal to 1.30:1.00, 25% and (iii) for any fiscal year for which the First Lien Leverage Ratio as of the last day of such fiscal year was less than 1.30:1.00, 0%. 

“Pro Forma Basis” shall mean with respect to any determination of the Total Leverage Ratio, the First Lien Leverage
Ratio, the Total Secured Leverage Ratio, Consolidated EBITDA or Consolidated Total Assets (including, in each case, component definitions thereof) that all Subject Transactions and the following transactions in connection therewith shall be deemed
to have occurred as of the first day of the applicable Test Period (or, in the case of Consolidated Total Assets, as of the last day of such Test Period) with respect to any test or covenant for which such calculation is being made: 

(a) income statement items (whether positive or negative and including any Expected Cost Savings) attributable to the property or Person
subject to such Subject Transaction, (i) in the case of (x) a Disposition of all or substantially all of the Capital Stock of any Subsidiary of the Borrower or any business line, unit or division of the Borrower or any of its Subsidiaries,
(y) any designation of a Restricted Subsidiary as an Unrestricted Subsidiary or (z) the implementation of any Cost Saving Initiative, shall be excluded, and (ii) in the case of a Permitted Acquisition, Investment or designation of an
Unrestricted Subsidiary as a Restricted Subsidiary described in the definition of the term “Subject Transaction”, shall be included; it being understood that the foregoing pro forma adjustments described in this clause (a) above may
be applied to any such test or covenant solely to the extent that such adjustments are consistent with the definition of “Consolidated EBITDA”, 

(b) any retirement or repayment of Indebtedness (other than normal fluctuations in revolving Indebtedness incurred for working capital
purposes), 
 (c) any Indebtedness incurred or assumed by the Borrower or any of its Restricted Subsidiaries in connection therewith,
provided that, (x) if such Indebtedness has a floating or formula rate, such Indebtedness shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate that is or would
be in effect with respect to such Indebtedness at the relevant date of determination (taking into account any interest hedging arrangements applicable to such Indebtedness), (y) interest on any obligations with respect to Capital Leases shall
be deemed to accrue at an interest rate reasonably determined by a Responsible Officer of the Borrower to be the rate of interest implicit in such obligation in accordance with GAAP and (z) interest on any Indebtedness that may optionally be
determined at an interest rate based upon a factor of a prime or similar rate, a Eurocurrency interbank offered rate or other rate shall be determined to have been based upon the rate actually chosen, or if none, then based upon such optional rate
chosen as the Borrower or such Restricted Subsidiary may designate, and 

  
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 (d) the acquisition of any assets included in calculating Consolidated Total Assets, whether
pursuant to any Subject Transaction or any Person becoming a Subsidiary or merging, amalgamating or consolidating with or into the Borrower or any of its Subsidiaries, or the Disposition of any business line, unit or division included in calculating
Consolidated Total Assets described in the definition of Subject Transaction. 
 “Pro Forma Financial Statements”
shall have the meaning given to such term in Section 5.11(b). 
 “Prohibited Person” shall have the
meaning given to such term in Section 12.07(k). 
 “Prohibited Transaction” shall mean any transaction
described in (i) Section 406 of ERISA that is not exempt by reason of Section 408 of ERISA or by reason of a Department of Labor prohibited transaction individual or class exemption or (ii) Section 4975(c) of the Code that
is not exempt by reason of Section 4975(c)(2) or 4975(d) of the Code. 
 “Projections” shall mean the
projections of the Borrower and its Subsidiaries included in the Information Memorandum (or a supplement thereto). 

“Proposed Change” shall have the meaning given to such term in Section 2.20. 

“Proposed IPO” shall mean the proposed initial public offering of the common Capital Stock of Holdings pursuant to the
Registration Statement on Form S-1 (File No. 333-198316), as amended from time to time, and initially filed with the SEC on August 22, 2014. 

“Public Company Costs” shall mean charges associated with, or in anticipation of, or preparation for, compliance with
the requirements of the Sarbanes-Oxley Act of 2002 and the rules and regulations promulgated in connection therewith and charges relating to compliance with the provisions of the Securities Act and the Exchange Act (and, in each case, similar
Requirements of Law under other jurisdictions), as applicable to companies with equity or debt securities held by the public, the rules of national securities exchange companies with listed equity or debt securities, listing fees, directors’,
officers’ or managers’ and other employees’ compensation, fees and expense reimbursement, charges relating to investor relations, shareholder meetings and reports to shareholders or debtholders, directors’ and officers’
insurance and other executive costs and compensation, legal and other professional fees and/or other costs or expenses associated with being a public company. 

“Public Lenders” shall mean Lenders that do not wish to receive Non-Public Information with respect to Holdings, the
Borrower, and each of their Affiliates and/or Subsidiaries or their respective Securities. 
 “Qualified Capital
Stock” of any Person shall mean any Capital Stock of such Person that is not Disqualified Capital Stock. 

“Qualifying Equity Issuances” shall mean any equity issuance by Holdings or any other Parent Company the net Cash
proceeds of which are contributed to the common equity of the Borrower. 

  
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 “Qualifying IPO” shall mean an underwritten public offering by Holdings
or any other Parent Company of its common Capital Stock (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement filed with the SEC in accordance with the Securities Act,
including, for the avoidance of doubt, the Proposed IPO. 
 “Radford Assets” shall mean any real or
intangible personal property located at the Borrower’s former foundry in Radford, Virginia that was valued in the Radford Valuation Report. 

“Radford Sale” shall mean any sale to third parties after April 8, 2014 of the Radford Assets. 

“Radford Valuation Report” shall mean that certain report, dated December 5, 2012, provided by Stout Risius Ross
to the Borrower with respect to Stout Risius Ross’s valuation of certain real and tangible personal property located at the Borrower’s former foundry in Radford, Virginia. 

“Ratio Debt” shall have the meaning given to such term in Section 8.02(r). 

“Realty” shall mean all real property and interests in real property now or hereafter acquired or leased by the
Borrower or any Restricted Subsidiary. 
 “Recipient” shall mean (a) the Administrative Agent,
(b) any Lender or (c) any Issuing Lender, as applicable. 
 “Refinanced Term Loans” shall have the
meaning assigned to such term in Section 2.23. 
 “Refinancing” shall mean the repayment in full of all
Indebtedness outstanding under, and the termination of the commitments under (and all Liens and security relating to) (a) that certain Credit Agreement, dated as of June 2, 2014, among Grede Holdings LLC, a Delaware limited liability
company, as borrower, ASP Grede AcquisitionCo LLC, a Delaware limited liability company, GSC RIII-Grede Corp., a Delaware corporation, Shop IV Subsidiary Investment (Grede), Inc., a Delaware corporation, certain subsidiaries from time to time party
thereto, as guarantors, the lenders party thereto from time to time, and General Electric Capital Corporation, as administrative agent and collateral agent and the other parties thereto, as amended, restated, amended and restated, supplemented or
otherwise modified, (b) that certain Credit Agreement, dated as of December 18, 2012, among MD Investors Corporation, a Delaware corporation, Metaldyne, LLC, a Delaware limited liability company, as borrower, the lenders party hereto from
time to time, Bank Of America, N.A., as administrative agent and the other parties thereto, as amended, restated, amended and restated, supplemented or otherwise modified and (c) that certain Credit Agreement, dated as of October 5, 2012,
among ASP HHI Acquisition Co., Inc., a Delaware corporation, as borrower, ASP HHI Intermediate Holdings II, Inc., a Delaware corporation, certain subsidiaries from time to time party hereto, as guarantors the lenders from time to time party thereto
and Goldman Sachs Bank USA, as administrative agent and the other parties thereto, as amended, restated, amended and restated, supplemented or otherwise modified. 

  
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 “Refinancing Amendment” shall mean an amendment to this Agreement (which
may be in the form of an amendment and restatement of this Agreement) providing for any Refinancing Term Loans and/or Replacement Revolving Credit Commitments pursuant to Section 2.23, which shall be consistent with the applicable provisions of
this Agreement and otherwise reasonably satisfactory to the Administrative Agent and the Borrower. Each Refinancing Amendment shall be executed by the Administrative Agent and, solely to the extent Section 12.06 would require their consent for
the amendments effected in such Refinancing Amendment, each Issuing Lender and/or the Swingline Lender, respectively, the Credit Parties and the other parties specified in Section 2.23 (but not any other Lender). 

“Refinancing Term Loan Commitment” shall mean the commitment of any Lender, established pursuant to Section 2.23,
to make Refinancing Term Loans to the Borrower. 
 “Refinancing Term Loans” shall mean one or more new
Classes of Term Loans that result from a Refinancing Amendment in accordance with Section 2.23. 
 “Refunded
Swingline Loans” shall have the meaning given to such term in Section 2.02(e). 
 “Register”
shall have the meaning given to such term in Section 12.07(b). 
 “Registered Equivalent Notes” shall mean,
with respect to any notes originally issued in a Rule 144A or other private placement transaction under the Securities Act, substantially identical notes (having the same guarantees) issued in exchange therefor pursuant to an exchange offer
registered with the SEC. 
 “Regulations T, U and X” shall mean Regulations T, U and X, respectively, of the Federal
Reserve Board, and any successor regulations. 
 “Reimbursement Obligation” shall have the meaning given to
such term in Section 3.04. 
 “Related Party” shall mean, with respect to any Person, any Affiliate of
such Person and such Person’s and such Affiliate’s directors, officers, employees, agents and advisors. 

“Relevant Type” shall have the meaning given to such term in Section 2.16(c). 

“Replaced Lender” shall have the meaning given to such term in Section 2.20. 

“Replaced Revolving Credit Commitments” shall have the meaning assigned to such term in Section 2.23. 

“Replacement Effective Date” shall have the meaning given to such term in Section 2.20. 

“Replacement Lender” shall have the meaning given to such term in Section 2.20. 

  
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 “Replacement Revolving Credit Commitments” shall mean one or more new
Classes of Revolving Credit Commitments established pursuant to a Refinancing Amendment in accordance with Section 2.23. 

“Replacement Revolving Lender” shall mean a Lender with a Replacement Revolving Credit Commitment or an outstanding
Replacement Revolving Loan. 
 “Replacement Revolving Loans” shall mean Revolving Loans made pursuant to
Replacement Revolving Credit Commitments. 
 “Representatives” shall have the meaning given to such term in
Section 12.13. 
 “Repricing Transaction” shall mean the refinancing or repricing (including by way of
amendment) by the Borrower of all or any portion of the Initial Term Loans the primary purpose of which is to reduce the All-in-Yield applicable to the Initial Term Loans (x) with the proceeds of any secured term loans incurred by the Borrower
or any Subsidiary Guarantor or (y) in connection with any amendment, waiver or consent to this Agreement, in either case, (i) having or resulting in an All-in-Yield that is (and not by virtue of any fluctuations in any “base”
rate) less than the All-in-Yield then applicable to the Initial Term Loans as of the date of such refinancing or repricing and (ii) in the case of a refinancing of the Initial Term Loans, the proceeds of which are used to repay, in whole or in
part, the principal of outstanding Initial Term Loans, but excluding, in any such case, any refinancing or repricing of Initial Term Loans in connection with any significant acquisition or similar investment or any transaction that results in a
Change in Control. 
 “Required Lenders” shall mean, at any time, the Lenders holding outstanding Loans and
unutilized Commitments (or, after the termination of the Revolving Credit Commitments, outstanding Loans and Letter of Credit Exposure) representing more than 50% of the aggregate at such time of all outstanding Loans and unutilized Commitments (or,
after the termination of the Revolving Credit Commitments, the aggregate at such time of all outstanding Loans and Letter of Credit Exposure); provided that the aggregate amount of all outstanding Loans and unutilized
Commitments shall be determined with respect to any Defaulting Lender by disregarding the outstanding Loans and unutilized Commitments of such Defaulting Lender. 

“Required Revolving Lenders” shall mean, at any time, the Lenders holding outstanding Revolving Loans and unutilized
Revolving Credit Commitments (or, after the termination of the Revolving Credit Commitments, outstanding Revolving Loans and Letter of Credit Exposure) representing more than 50% of the aggregate at such time of all outstanding Revolving Loans and
unutilized Revolving Credit Commitments (or, after the termination of the Revolving Credit Commitments, the aggregate at such time of all outstanding Revolving Loans and Letter of Credit Exposure); provided that the aggregate
amount of all outstanding Revolving Loans and unutilized Revolving Credit Commitments shall be determined with respect to any Defaulting Lender by disregarding the outstanding Revolving Loans and unutilized Revolving Credit Commitments of such
Defaulting Lender. 

  
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 “Requirement of Law” shall mean, with respect to any Person, any statute,
law, common law, and all federal, state, local, foreign, multinational or international laws, statutes, codes, standards, guidelines, ordinances, treaty, rule, regulation, order, decree, writ, judgment, injunction or determination of any
arbitrator or court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject. 

“Reserve Requirement” shall mean, with respect to any Interest Period applicable to any LIBOR Loan (other than any
LIBOR Loan denominated in Canadian Dollars), the maximum rate, expressed as a decimal, at which reserves (including any basic marginal, special, supplemental, emergency or other reserves) are required to be maintained with respect thereto against
“Eurocurrency liabilities” (as such term is defined in Regulation D) under regulations issued from time to time by the Board of Governors or other applicable banking regulator. Without limiting the effect of the foregoing, the Reserve
Requirement shall reflect any other reserves required to be maintained by such member banks with respect to (i) any category of liabilities which includes deposits by reference to which the applicable LIBOR Rate or any other interest rate of a
Loan is to be determined, or (ii) any category of extensions of credit or other assets which include LIBOR Loans. A LIBOR Loan (other than any LIBOR Loan denominated in Canadian Dollars) shall be deemed to constitute Eurocurrency liabilities
and as such shall be deemed subject to reserve requirements without benefits of credit for proration, exceptions or offsets that may be available from time to time to the applicable Lender. The rate of interest on LIBOR Loans (other than any LIBOR
Loan denominated in Canadian Dollars) shall be adjusted automatically on and as of the effective date of any change in the Reserve Requirement. 

“Responsible Officer” of any Person shall mean, the chief executive officer, the president, executive vice president,
any senior vice president, any vice president, the chief operating officer, the chief financial officer, vice president—finance, principal accounting officer, finance director or treasurer or any other executive officer of such Person and any
other individual or similar official thereof responsible for the administration of the obligations of such Person in respect of this Agreement. 

“Restricted Amount” shall have the meaning given to such term in Section 2.06(j). 

“Restricted Debt Payment” has the meaning set forth in the definition of Restricted Junior Payment. 

“Restricted Junior Payment” shall mean (i) any dividend or other distribution, direct or indirect, on account of
any shares of any class of stock of the Borrower, except a dividend payable solely in shares of that class of stock to the holders of that class; (ii) any redemption, retirement, sinking fund or similar payment, purchase or other acquisition
for value, direct or indirect, of any shares of any class of Capital Stock of the Borrower; (iii) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire shares of any class of
Capital Stock of the Borrower (clauses (i), (ii) and (iii) together, “Restricted Payments”); and (iv) any payment or prepayment of principal of, premium, if any, or interest on, or redemption, purchase, retirement,
defeasance (including in substance or legal defeasance), sinking fund or similar payment with respect to any Subordinated Debt or any Senior Notes (such clause (iv), “Restricted Debt Payments”). 

  
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 “Restricted Payment” has the meaning set forth in the definition of
Restricted Junior Payment. 
 “Restricted Subsidiary” shall mean, as to any Person, any Subsidiary of such
Person that is not an Unrestricted Subsidiary. Unless otherwise specified, “Restricted Subsidiary” shall mean any Restricted Subsidiary of the Borrower. 

“Revaluation Date” shall mean (a) with respect to any Revolving Loan denominated in any Alternate Currency, each
of the following: (i) the date of the Borrowing of such Revolving Loan and (ii) each date of a continuation of such Revolving Loan pursuant to the terms of this Agreement; (b) with respect to any Letter of Credit denominated in an
Alternate Currency, each of the following: (i) the date on which such Letter of Credit is issued, (ii) the first Business Day of each calendar month and (iii) the date of any amendment of such Letter of Credit that has the effect of
increasing the face amount thereof; and (c) any additional date as the Administrative Agent may determine at any time when (i) an Event of Default exists or (ii) to the extent that, and for so long as, the aggregate Revolving Credit
Exposure (for such purpose, using the Dollar Equivalent in effect for the most recent Revaluation Date) exceeds 75% of the total Revolving Credit Commitment.  

“Revolving Credit Commitment” shall mean, the Initial Revolving Credit Commitments and the Additional Revolving Credit
Commitments. 
 “Revolving Credit Exposure” shall mean, with respect to any Lender as of any date of
determination, (i) prior to the termination of the Revolving Credit Commitments, that Lender’s Revolving Credit Commitment; and (ii) after the termination of the Revolving Credit Commitments, the sum of (a) the aggregate
outstanding principal amount of the Revolving Loans of that Lender, (b) in the case of the Issuing Lender, the aggregate Letter of Credit Usage in respect of all Letters of Credit issued by that Lender (net of any participations by Lenders in
such Letters of Credit), (c) the aggregate amount of all participations by that Lender in any outstanding Letters of Credit or any unreimbursed drawing under any Letter of Credit, (d) in the case of Swingline Lender, the aggregate
outstanding principal amount of all Swingline Loans (net of any participations therein by other Lenders), and (e) the aggregate amount of all participations therein by that Lender in any outstanding Swingline Loans. 

“Revolving Lender” shall mean any Lender having a Revolving Credit Commitment and/or holding outstanding Revolving
Loans. 
 “Revolving Facility Test Condition” shall mean, as of any date of determination, without duplication, that
the aggregate outstanding amount of (a) all Revolving Loans and (b) the Letter of Credit Usage (excluding (i) the aggregate face amount of any Letters of Credit to the extent cash collateralized or backstopped in an amount equal to
103% of the then available face amount thereof and (ii) the Letter of Credit Usage in respect of any other Letters of Credit in an aggregate amount at any time outstanding of up to $15,000,000), exceeds an amount equal to 35% of the aggregate
Revolving Credit Commitments. 
 “Revolving Loans” shall mean, collectively, the Initial Revolving Loans and include
the Additional Revolving Loans. 

  
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 “Revolving Notes” shall mean the promissory notes of the Borrower in
substantially the form of Exhibit A-2. 
 “S&P” shall mean Standard & Poor’s Financial
Services, LLC, a subsidiary of The McGraw-Hill Companies, Inc. 
 “Sale and Lease-Back Transaction” shall
have the meaning set forth in Section 8.14. 
 “SEC” shall mean the Securities and Exchange Commission.

 “Secured Cash Management Agreement” shall mean any Cash Management Agreement that (a) is in effect on
the Closing Date between the Borrower and a counterparty that is an Arranger or a Lender or an Affiliate of any Arranger or a Lender as of the Closing Date or (b) is entered into after the Closing Date by the Borrower with any counterparty that
is an Arranger or a Lender or an Affiliate of any Arranger or a Lender at the time such arrangement is entered into, in each case, that has been designated to the Administrative Agent in writing by the Borrower as being a Secured Cash Management
Agreement for the purposes of the Credit Documents, it being understood that each counterparty thereto shall be deemed to appoint the Administrative Agent as its agent under the applicable Credit Documents. 

“Secured Cash Management Obligations” shall mean all Cash Management Obligations under any Secured Cash Management
Agreement. 
 “Secured Hedging Obligations” shall mean all Hedging Obligations (other than Excluded Swap
Obligations) under each Hedge Agreement that (a) is in effect on the Closing Date between the Borrower or any other Credit Party and a Designated Counterparty or (b) is entered into after the Closing Date between the Borrower or any other
Credit Party and any Designated Counterparty, in each case that has been designated to the Administrative Agent by written notice from the Borrower as being a Secured Hedging Obligation for the purpose of the Credit Documents (which notice may
designate all Derivative Transactions under a specified ISDA Master Agreement as Secured Hedging Obligations), it being understood that each Designated Counterparty thereto shall be deemed to appoint the Administrative Agent as its agent under the
applicable Credit Documents, provided that Secured Hedging Obligations shall not include Excluded Swap Obligations. 

“Secured Obligation” shall mean all Obligations together with (a) Secured Cash Management Obligations and
(b) Secured Hedging Obligations. 
 “Secured Party” shall mean each of the Administrative Agent, the
Arrangers, the Lenders (including the Issuing Lender and the Swingline Lender in their capacities as such), the Designated Counterparties and the Administrative Agent, from time to time. 

“Securities Act” shall mean the Securities Act of 1933. 

“Security Agreement” shall mean the pledge and security agreement made by Holdings, the Borrower and the Subsidiary
Guarantors in favor of the Administrative Agent and the Secured Parties, as amended, modified and supplemented from time to time. 

  
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 “Security Documents” shall mean the Security Agreement, and all other
pledge or security agreements, the Mortgages, charges, assignments or other similar agreements or instruments executed and delivered by Holdings, the Borrower or any of its Restricted Subsidiaries pursuant to this Agreement, including
Sections 6.09 and 6.12. 
 “Senior Note Documents” shall mean the Senior Note Indenture under which the
Senior Notes are issued and all other instruments, agreements and other documents evidencing the Senior Notes or providing for any guarantee or other right in respect thereof. 

“Senior Notes” shall mean the senior notes due 2022 in the aggregate principal amount equal to $600,000,000, as reduced by
any repayment, redemption or retirement thereof (and includes any Registered Equivalent Notes issued in exchange therefor). 

“Senior Notes Indenture” shall mean the Indenture for the Senior Notes, dated October 20, 2014, between Holdings,
the Borrowers, each subsidiary of the Borrower party thereto and Wilmington Trust, National Association, as trustee. 

“Single Employer Plan” shall mean a single employer plan, as defined in Section 4001(a)(15) of ERISA, that
(a) is maintained for employees of any Credit Party or any ERISA Affiliate and no Person other than the Credit Parties and the ERISA Affiliates or (b) was, within the past six years, so maintained and in respect of which any Credit Party
or any ERISA Affiliate would reasonably be expected to have liability under Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated. 

“Solvency Certificate” shall mean, a fully completed and duly executed certificate, substantially in the form of
Exhibit E. 
 “Sponsor” shall mean American Securities LLC, a New York limited liability company. 

“Spot Rate” shall mean, for any currency, on any Revaluation Date or other relevant date of determination, the rate
determined by the Administrative Agent or the Issuing Lender, as applicable, to be the rate quoted by the Person acting in such capacity as the spot rate for the purchase by such Person of such currency with another currency through its principal
foreign exchange trading office at approximately 11:00 a.m. on the date that is two Business Days prior to the date as of which the foreign exchange computation is made; provided, that the Administrative Agent or the Issuing Lender may obtain
such spot rate from another financial institution designated by the Administrative Agent or the Issuing Lender if it does not have as of the date of determination a spot buying rate for any such currency. 

“Stated Amount” shall mean, with respect to any Letter of Credit at any time, the Dollar Equivalent of the aggregate amount
available to be drawn thereunder at such time (regardless of whether any conditions for drawing could then be met); provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related
thereto, provides for one or more automatic increases in the Stated Amount thereof, the Stated Amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases,
whether or not such maximum Stated Amount is in effect at such time. 

  
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 “Sterling” or “£” shall mean the lawful currency of the
United Kingdom. 
 “Subject Person” shall have the meaning set forth in the definition of “Consolidated Net
Income.” 
 “Subject Transaction” shall mean, with respect to any Test Period, (a) the
Transactions, (b) any Permitted Acquisition or the making of other Investments not prohibited by this Agreement (including any Investment in a Restricted Subsidiary or any acquisition or Investment in any joint venture for the purpose of
purchasing any or all of the interests of any joint venture partner), (c) any Disposition of all or substantially all of the assets or stock of a Restricted Subsidiary (or any business unit, line of business or division of Holdings, the
Borrower or a Restricted Subsidiary) not prohibited by this Agreement, (d) the designation of a Restricted Subsidiary as an Unrestricted Subsidiary or an Unrestricted Subsidiary as a Restricted Subsidiary, (e) the implementation of any
Cost Saving Initiative or (f) any other event that by the terms of the Credit Documents requires pro forma compliance with a test or covenant hereunder or requires such test or covenant to be calculated on a pro forma basis. 

“Subordinated Debt” shall mean Indebtedness of the Borrower or any of its Restricted Subsidiaries that is expressly
subordinated in right of payment to the Obligations or secured on a junior basis to the Obligations. 

“Subsidiary” shall mean, with respect to any Person, any corporation or other Person of which more than 50% of the
outstanding Capital Stock having ordinary voting power to elect a majority of the board of directors, board of managers or other governing body of such Person, is at the time, directly or indirectly, owned or controlled by such Person and one or
more of its other Subsidiaries or a combination thereof (irrespective of whether, at the time, securities of any other class or classes of any such corporation or other Person shall or might have voting power by reason of the happening of any
contingency). When used without reference to a parent entity, the term “Subsidiary” shall be deemed to refer to a Subsidiary of the Borrower. 

“Subsidiary Guarantor” shall mean any Subsidiary of the Borrower that (i) executes this Agreement as a Subsidiary
Guarantor on the Closing Date or (ii) executes a joinder to this Agreement pursuant to Section 6.09(a), in each case, until such time as the relevant Subsidiary is released from its obligations under the Guaranty in accordance with the
terms and provisions hereof. 
 “Successor Borrower” shall have the meaning given to such term in
Section 8.01(a). 
 “Successor Holdings” shall have the meaning given to such term in
Section 8.15(d). 
 “Swap Obligation” shall mean, with respect to any Guarantor, any obligation to pay
or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act. 

“Swingline Commitment” shall mean $25,000,000 or, if less, the aggregate Revolving Credit Commitments at the time of
determination, as such amount may be reduced at or prior to such time pursuant to the terms hereof. 

  
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 “Swingline Exposure” shall mean at any time the aggregate principal
amount at such time of all outstanding Swingline Loans. The Swingline Exposure of any Revolving Lender at any time shall equal its Applicable Percentage of the aggregate Swingline Exposure at such time. 

“Swingline Lender” shall mean Goldman Sachs Bank USA, in its capacity as maker of Swingline Loans, and its successors
in such capacity. 
 “Swingline Loans” shall have the meaning given to such term in Section 2.01(d).

 “Swingline Note” shall mean the promissory note of the Borrower in substantially the form of Exhibit A-3.

 “TARGET Day” shall mean any day on which the Trans-European Automated Real-time Gross Settlement Express
Transfer (TARGET) payment system (or, if such payment system ceases to be operative, such other payment system (if any) determined by the Administrative Agent to be a suitable replacement) is open for the settlement of payments in Euro. 

“Tax Distribution” shall mean, with respect to any period, a distribution by the Borrower to Holdings that is used by
Holdings to pay Taxes attributable to Borrower and its Subsidiaries for such period. 
 “Taxes” shall mean
all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable
thereto. 
 “Term Lender” shall mean any Lender having a Term Loan Commitment and/or holding outstanding Term
Loans. 
 “Term Loan Commitment” shall mean the Initial Term Commitments and the Additional Term
Commitments. 
 “Term Loans” shall mean, collectively, the Initial Term Loans and include the Additional Term
Loans. 
 “Term Notes” shall mean the promissory notes of the Borrower in substantially the form of Exhibit
A-1. 
 “Termination Date” shall have the meaning assigned to such term in the lead-in to Article 6.

 “Test Period” shall mean, at any time, the four consecutive fiscal quarters of Borrower then last ended (in
each case taken as one accounting period) for which financial statements have been or are required to be delivered pursuant to Section 6.01(a) or (b). 

“Threshold Amount” shall mean $65,000,000. 

  
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 “Total Leverage Ratio” shall mean the ratio, as of any date of
determination, of (a) Consolidated Funded Debt as of such date (net of the Unrestricted Cash Amount as of such date) to (b) Consolidated EBITDA for the Test Period then most recently ended. 

“Total Secured Debt” shall mean, at any date, the aggregate principal amount of Consolidated Funded Debt that is
secured by a Lien on property of the Borrower or any of its Restricted Subsidiaries at such date. 
 “Total Secured
Leverage Ratio” shall mean, as of the date of determination, the ratio of (i) Total Secured Debt as of such date (net of the Unrestricted Cash Amount as of such date) to (ii) Consolidated EBITDA for the applicable Test Period.

 “Transactions” shall mean (a) the execution, delivery and performance by the Credit Parties of the Credit
Documents to which they are a party and the borrowing of Loans and obtaining of Letters of Credit hereunder, (b) the issuance of the Senior Notes, (c) the Refinancing, (d) the Proposed IPO, (e) the Reorganization, (f) the
distribution of a 5.1% interest in Metaldyne Grundstucks, GbR to Holdings, and (g) the payment of the fees, premiums, expenses and other transaction costs (including original issue discount and upfront fees) payable or otherwise borne by
Holdings, any Parent Company, the Borrower and its subsidiaries in connection with the foregoing transactions and the transactions contemplated thereby. 

“Type” shall have the meaning given to such term in Section 1.03. 

“UCC” shall mean the Uniform Commercial Code as in effect from time to time in the State of New York or any other
state the laws of which are required to be applied in connection with the grant or perfection of security interests. 

“Undisclosed Administration” shall mean in relation to a Lender or its direct or indirect parent company, the appointment of
an administrator, provisional liquidator, conservator, receiver, trustee, custodian or other similar official by a supervisory authority or regulator under or based on the law in the country where such Lender or such parent company is subject to
home jurisdiction supervision if applicable law requires that such appointment is not to be publicly disclosed. 
 “Unfunded Pension
Liability” shall mean the excess of a Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Plan’s assets, determined in accordance with the assumptions used for funding the Plan
pursuant to Section 412 of the Code for the applicable plan year. 
 “United States” shall mean the United
States of America. 
 “Unrestricted Cash Amount” shall mean, as of any date of determination, the amount of
(a) unrestricted Cash and Cash Equivalents of the Borrower and its Restricted Subsidiaries whether or not held in an account pledged to the Administrative Agent and (b) Cash and Cash Equivalents restricted in favor of the Credit Facilities
(which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on the Collateral along with the Credit Facilities). 

  
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 “Unrestricted Subsidiaries” shall mean any Subsidiary of the Borrower
designated by the Borrower as an Unrestricted Subsidiary on the Closing Date or after the Closing Date pursuant to Section 6.11. 

“Unutilized Revolving Credit Commitment” shall mean, with respect to any Revolving Lender at any time, such Revolving
Lender’s Revolving Credit Commitment at such time less the sum of (i) the aggregate principal amount of all Revolving Loans made by such Revolving Lender that are outstanding at such time, (ii) such Revolving Lender’s Letter of
Credit Exposure at such time and (iii) except for the purpose of Section 2.09(b), such Revolving Lender’s Swingline Exposure at such time. 

“Unutilized Swingline Commitment” shall mean, with respect to the Swingline Lender at any time, the Swingline
Commitment at such time less the aggregate principal amount of all Swingline Loans that are outstanding at such time. 

“U.S. Person” shall mean any Person that is a “United States person” as defined in Section 7701(a)(30)
of the Code. 
 “U.S. Tax Compliance Certificate” has the meaning assigned to such term in paragraph
(iii) of Section 2.17(g). 
 “Voting Stock” shall mean, with respect to any Person, any class or
classes of Capital Stock pursuant to which the holders thereof have the general voting power under ordinary circumstances to elect at least a majority of the Board of Directors of such Person. 

“Wholly Owned” shall mean, with respect to any Subsidiary of any Person, that 100% of the outstanding Capital Stock
(other than directors qualifying shares) of such Subsidiary is owned, directly or indirectly, by such Person. 

“Withdrawal Liability” shall mean liability to a Multiemployer Plan as a result of a complete or partial withdrawal
from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. 
 Section 1.02.
Accounting Terms; GAAP; Financial Ratios. 
 (a) All financial statements to be delivered pursuant to this Agreement shall be
prepared in accordance with GAAP as in effect from time to time and, except as otherwise expressly provided herein, all terms of an accounting or financial nature that are used in calculating the Total Leverage Ratio, the First Lien Leverage Ratio,
the Total Secured Leverage Ratio, Consolidated EBITDA, Consolidated Net Income or Consolidated Total Assets shall be construed and interpreted in accordance with GAAP, as in effect on the Closing Date; provided that if the Borrower notifies
the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date of delivery of the financial statements described in Section 5.11(a) in GAAP (including the
conversion to IFRS as described below) or in the application thereof on the operation of such provision (or if the Administrative Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose),
regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be  

  
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interpreted on the basis of GAAP as in effect and applied immediately before such change becomes effective until such notice shall have been withdrawn or such provision amended in accordance
herewith; provided, further, that if such an amendment is requested by the Borrower or the Required Lenders, then the Borrower and the Administrative Agent shall negotiate in good faith to enter into an amendment of the relevant
affected provisions (without the payment of any amendment or similar fee to the Lenders) to preserve the original intent thereof in light of such change in GAAP or the application thereof subject to the approval of the Required Lenders (not to be
unreasonably withheld, conditioned or delayed); provided, further, that all terms of an accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made without
giving effect to (i) any election under Accounting Standards Codification 825-10-25 (previously referred to as Statement of Financial Accounting Standards 159) (or any other Accounting Standards Codification or Financial Accounting Standard
having a similar result or effect) to value any Indebtedness or other liabilities of the Borrower or any Subsidiary at “fair value,” as defined therein and (ii) any treatment of Indebtedness in respect of convertible debt instruments
under Accounting Standards Codification 470-20 (or any other Accounting Standards Codification or Financial Accounting Standard having a similar result or effect) to value any such Indebtedness in a reduced or bifurcated manner as described therein,
and such Indebtedness shall at all times be valued at the full stated principal amount thereof. If the Borrower notifies the Administrative Agent that the Borrower (or any Parent Company) is required to report under IFRS or has elected to do so
through an early adoption policy, “GAAP” shall mean international financial reporting standards pursuant to IFRS (provided that after such conversion, the Borrower cannot elect to report under GAAP). 

 

	 	(b)	Notwithstanding anything to the contrary in this Agreement: 

 (i) all financial
ratios and tests (including the Total Leverage Ratio, the First Lien Leverage Ratio, the Total Secured Leverage Ratio, Consolidated EBITDA, Consolidated Net Income and Consolidated Total Assets) contained in this Agreement that are calculated with
respect to any Test Period during which any Subject Transaction occurs or, solely in the case of the calculation of Total Leverage Ratio, the First Lien Leverage Ratio, the Total Secured Leverage Ratio (and any component definitions used in deriving
such ratios (solely to derive such ratios and not for any other purpose)), during which a Pending Transaction exists, in each case, shall be calculated with respect to such Test Period and such Subject Transaction or Pending Transaction, as
applicable, on a Pro Forma Basis; provided, that, solely with respect to any such calculation in connection with a Restricted Junior Payment that is subject to compliance with a financial ratio or test, for purposes of calculating whether
such Restricted Junior Payment may be made during the period between the signing of the definitive agreement with respect to a Pending Transaction and consummating (or terminating or abandoning) such Pending Transaction, the calculation of
compliance with such financial ratios and tests, shall be calculated both (i) giving pro forma effect to such Limited Condition Acquisition, and (ii) assuming such Limited Condition Acquisition is not consummated (and such Restricted
Junior Payment must be permitted under both such calculations), 

  
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 (ii) unless otherwise specified or unless the context otherwise requires,
references to Consolidated Net Income, Consolidated EBITDA and Consolidated Interest Expense shall be deemed to be references to the Consolidated Net Income, Consolidated EBITDA and Consolidated Interest Expense of the Borrower and its Restricted
Subsidiaries, 
 (iii) if since the beginning of any such Test Period and on or prior to the date of any required calculation
of any financial ratio or test (x) any Subject Transaction has occurred or (y) any Person that subsequently became a Restricted Subsidiary or was merged, amalgamated or consolidated with or into the Borrower or any of its Restricted
Subsidiaries or any joint venture since the beginning of such Test Period has consummated any Subject Transaction, then, in each case, any applicable financial ratio or test shall be calculated on a Pro Forma Basis for such Test Period as if such
Subject Transaction had occurred at the beginning of the applicable Test Period, 
 (iv) to the extent that the terms of this
Agreement requires (x) compliance with any financial ratio or test (including, without limitation, the Total Leverage Ratio, the First Lien Leverage Ratio and the Total Secured Leverage Ratio) and/or any cap expressed as a percentage of
Consolidated Total Assets or (y) the absence of a Default or Event of Default (or any type of Default or Event of Default) as a condition to the consummation of any transaction in connection with any Limited Condition Acquisition (including the
assumption or incurrence of Indebtedness in connection therewith), the determination of whether the relevant condition is satisfied may be made, at the election of the Borrower, at the time of (or on the basis of the financial statements for the
most recently ended Test Period at the time of) either (x) the execution of the definitive agreement with respect to such acquisition or Investment or (y) the consummation of such acquisition or Investment, in each case, on a Pro Forma
Basis after giving effect to such transaction and any other Pending Transactions, 
 (v) with respect to any amounts incurred
or transactions entered into (or consummated) in reliance on a provision of this Agreement that does not require compliance with a financial ratio or test (any such amounts, the “Fixed Amounts”) substantially concurrently with any
amounts incurred or transactions entered into (or consummated) in reliance on a provision of this Agreement that require compliance with a financial ratio or test (including the Total Leverage Ratio, the First Lien Leverage Ratio and the Total
Secured Leverage Ratio) (any such amounts, the “Incurrence-Based Amounts”), it is understood and agreed that the Fixed Amounts shall be disregarded in the calculation of the financial ratio or test applicable to such
Incurrence-Based Amounts, and 
 (vi) in the case of any calculation of the Total Leverage Ratio, the First Lien Leverage
Ratio, the Total Secured Leverage Ratio, Consolidated EBITDA or Consolidated Total Assets for any of the events described above that occur prior to the date on which financial statements have been (or are required to be) delivered for the fiscal
quarter ended on or about December 31, 2014, such calculation shall be made on a “Pro Forma Basis” and shall use the financial statements with respect to the Borrower for the fiscal quarter ended on or about September 30, 2014.

  
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 Notwithstanding anything to the contrary set forth in this clause (b), for the avoidance of
doubt, when calculating the First Lien Leverage Ratio for purposes of the definitions of “Applicable Margin Percentage” and “Commitment Fee Rate” and for purposes of Section 7.01 (other than for the purpose of
determining pro forma compliance with Section 7.01 as a condition to taking any action under this Agreement), the events described in the definition of “Pro Forma Basis” that occurred subsequent to the end of the applicable
Test Period shall not be given pro forma effect 
 (c) Notwithstanding anything to the contrary contained in paragraph (a) above or in
the definition of “Capital Lease,” in the event of an accounting change requiring all leases to be capitalized, only those leases (assuming for purposes hereof that such leases were in existence on the date hereof) that would constitute
Capital Leases in conformity with GAAP on the date hereof shall be considered Capital Leases, and all calculations and deliverables under this Agreement or any other Credit Document shall be made or delivered, as applicable, in accordance therewith
(provided that together with all financial statements delivered to the Administrative Agent in accordance with the terms of this Agreement after the date of any such accounting change, the Borrower shall deliver a schedule showing the
adjustments necessary to reconcile such financial statements with GAAP as in effect immediately prior to such accounting change). 
 (d) For
purposes of determining the permissibility of any action, change, transaction or event that by the terms of the Credit Documents requires a calculation of any financial ratio or test (including Article 7, the Total Leverage Ratio, the First
Lien Leverage Ratio, the Total Secured Leverage Ratio, Consolidated EBITDA, Consolidated Net Income or Consolidated Total Assets), such financial ratio or test shall be calculated at the time such action is taken, such change is made, such
transaction is consummated or such event occurs (in each case unless otherwise specified herein, in which case at the time of determination so specified), as the case may be, and no Default or Event of Default shall be deemed to have occurred solely
as a result of a change in such financial ratio or test occurring after the time such action is taken, such change is made, such transaction is consummated or such event occurs, as the case may be. For purposes of determining whether the incurrence
of any Indebtedness is in compliance with any applicable leverage ratio based test set forth in this Agreement (including for purposes of calculating compliance with clause (b) of the definition of Incremental Cap and Sections 8.02(l) and
8.02(r)), such test shall be calculated on a Pro Forma Basis for the incurrence of such Indebtedness without netting the Net Cash Proceeds of such Indebtedness but in the case of any such Indebtedness constituting revolving Indebtedness or delayed
draw indebtedness, assuming that such Indebtedness is fully drawn. 
 Section 1.03. Types of Borrowings. Borrowings and Loans
hereunder are distinguished by “Class” (e.g., an Initial Term Loan, Term Loan, Incremental Term Loan, Refinancing Term Loan, Initial Revolving Loan, Revolving Loan and Incremental Revolving Loan) and “Type” (e.g.,
Base Rate Loan or LIBOR Loan). The term “Borrowing” refers to the portion of the aggregate principal amount of Loans of any Class outstanding hereunder which bears interest of a specific Type and for a common Interest Period. Borrowings
and Loans may (but need not) be identified both by Class and Type (e.g., a “Base Rate Revolving Loan” is a loan that bears interest at the Base Rate and is a Revolving Loan). 

  
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 Section 1.04. 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 or other document herein or in any Credit Document shall be construed as referring to such agreement, instrument or other document as from time to time amended, restated, amended
and restated, supplemented or otherwise modified or extended, replaced or refinanced (subject to any restrictions or qualifications on such amendments, restatements, amendment and restatements, supplements or modifications or extensions,
replacements or refinancings set forth herein), (b) any reference to any law in any Credit Document shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting such law, (c) any
reference herein or in any Credit Document to any Person shall be construed to include such Person’s successors and permitted assigns, (d) the words “herein,” “hereof” and “hereunder,” and words of similar
import, when used in any Credit Document, shall be construed to refer to such Credit Document in its entirety and not to any particular provision hereof, (e) all references herein or in any Credit Document to Articles, Sections, clauses,
paragraphs, Exhibits and Schedules shall be construed to refer to Articles, Sections, clauses and paragraphs of, and Exhibits and Schedules to, such Credit Document, (f) in the computation of periods of time in any Credit Document from a
specified date to a later specified date, the word “from” means “from and including”, the words “to” and “until” mean “to but excluding” and the word “through” means “to and
including” and (g) the words “asset” and “property”, when used in any Credit Document, 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.  
 Section 1.05. Effectuation of Transactions. Each of
the representations and warranties of the Credit Parties contained in this Agreement and the other Credit Documents (and all corresponding definitions) are made after giving effect to the Transactions, unless the context otherwise requires.

 Section 1.06. Timing of Payment of Performance; Times of Day. When payment of any obligation or the performance of
any covenant, duty or obligation is stated to be due or performance required on a day which is not a Business Day, the date of such payment (other than as described in the definition of Interest Period) or performance shall extend to the immediately
succeeding Business Day, and in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. Unless otherwise specified herein, all references to times of day shall be references to New York City
time (daylight or standard, as applicable). 
 Section 1.07. Exchange Rates; Currencies Generally. 

(a) For purposes of any determination under Section 2.22(a), Article 6 and Article 8 or Article 9 with respect to the amount of
any Indebtedness, Lien, Restricted Junior Payment, Investment, Prepayment Asset Sale, Disposition, Sale and Lease-Back Transaction, Affiliate transaction or other transaction, event or circumstance, or any determination under any other provision of
this Agreement, (any of the foregoing, a “specified transaction”), in a currency  

  
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other than Dollars, (i) the Dollar equivalent amount of a specified transaction in a currency other than Dollars shall be calculated based on the rate of exchange quoted by the Bloomberg
Foreign Exchange Rates & World Currencies Page (or any successor page thereto, or in the event such rate does not appear on any Bloomberg Page, by reference to such other publicly available service for displaying exchange rates as may be
agreed upon by the Administrative Agent and the Borrower) for such foreign currency, as in effect at 11:00 a.m. (London time) on the date of such specified transaction (which, in the case of any Restricted Junior Payment, shall be deemed to be the
date of the declaration or giving irrevocable notice (which may be conditional) in respect thereof, as applicable, and, in the case of the incurrence of Indebtedness, shall be deemed to be on the date first committed); provided that if any
Indebtedness is incurred (and, if applicable, associated Lien granted) to refinance or replace other Indebtedness denominated in a currency other than Dollars, and the relevant refinancing or replacement would cause the applicable Dollar-denominated
restriction to be exceeded if calculated at the relevant currency exchange rate in effect on the date of such refinancing or replacement, such Dollar-denominated restriction shall be deemed not to have been exceeded so long as the principal amount
of such refinancing or replacement Indebtedness (and, if applicable, associated Lien granted) does not exceed an amount sufficient to repay the principal amount of such Indebtedness being refinanced or replaced, except by an amount equal to
(x) unpaid accrued interest and premiums (including tender premiums) thereon plus any committed but undrawn amounts and underwriting discounts, other reasonable and customary fees, commissions, costs and expenses (including upfront fees,
original issue discount or initial yield payments) incurred in connection with such refinancing or replacement, (y) any existing commitments unutilized thereunder and (z) additional amounts permitted to be incurred under Section 8.02
and (ii) for the avoidance of doubt, no Default or Event of Default shall be deemed to have occurred solely as a result of a change in the rate of currency exchange occurring after the time of any specified transaction so long as such specified
transaction was permitted at the time incurred, made, acquired, committed, entered or declared as set forth in clause (i). For purposes of the Financial Covenant or any financial ratio for purposes of taking any action hereunder, on any relevant
date of determination, amounts denominated in currencies other than Dollars shall be translated into Dollars at the applicable currency exchange rate used in preparing the financial statements delivered pursuant to Section 6.01(a) or (b), as
applicable (or, prior to the first such delivery to in Section 5.11(a)), for the relevant Test Period and will, with respect to any Indebtedness, reflect the currency translation effects, determined in accordance with GAAP, of any Hedge
Agreement permitted hereunder in respect of currency exchange risks with respect to the applicable currency in effect on the date of determination for the Dollar equivalent amount of such Indebtedness. Notwithstanding the foregoing or anything to
the contrary herein, to the extent that the Borrower would not be in compliance with the Financial Covenant if any Indebtedness denominated in a currency other than in Dollars were to be translated into Dollars on the basis of the applicable
currency exchange rate used in preparing the financial statements delivered pursuant to Section 6.01(a) or (b), as applicable, for the relevant Test Period, but would be in compliance with the Financial Covenant if such Indebtedness that is
denominated in a currency other than in Dollars were instead translated into Dollars on the basis of the average relevant currency exchange rates over such Test Period (taking into account the currency translation effects, determined in accordance
with GAAP, of any Hedge Agreement permitted hereunder in respect of currency exchange risks with respect to the applicable currency in effect on the date of determination for the Dollar equivalent amount of such Indebtedness), then, solely for
purposes of compliance with the Financial Covenant, the First Lien Leverage Ratio as of the last day of such Test Period shall be calculated on the basis of such average relevant currency exchange rates. 

  
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 (b) The Administrative Agent or the Issuing Lender, as applicable, shall determine the Spot Rate
as of each Revaluation Date to be used for calculating the Dollar Equivalent amount of Revolving Loans and Letters of Credit that are denominated in any Alternate Currency. The Spot Rate shall become effective as of such Revaluation Date and shall
be the Spot Rate employed in converting any amount between any Alternate Currency and Dollars until the next occurring Revaluation Date. 

(c) Each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to
time specify with the Borrower’s consent to appropriately reflect a change in currency of any country and any relevant market convention or practice relating to such change in currency. 

Section 1.08. Additional Alternate Currencies.  

(a) The Borrower may from time to time request that Revolving Loans be made and/or Letters of Credit issued in a currency other than those
specifically listed in the definition of “Alternate Currency”; provided that the requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. In the
case of any such request with respect to the making of Revolving Loans, such request shall be subject to the approval of the Administrative Agent and the Revolving Lenders (such approval not to be unreasonably withheld or delayed); and, in the case
of any such request with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the Administrative Agent, the Revolving Lenders and the applicable Issuing Lender (such approval not to be unreasonably withheld
or delayed, provided that the applicable Issuing Lender may withhold such approval in the event that it does not issue letters of credit in such currency). 

(b) Any such request shall be made to the Administrative Agent not later than 1:00 p.m. 5 Business Days prior to the date of the desired
Borrowing or Letter of Credit (or such other time or date as may be agreed by the Administrative Agent and, in the case of any such request pertaining to Letters of Credit, the relevant Issuing Lender). In the case of any such request pertaining to
Revolving Loans, the Administrative Agent shall promptly notify each Revolving Lender thereof; and in the case of any such request pertaining to Letters of Credit, the Administrative Agent shall promptly notify each Revolving Lender and the relevant
Issuing Lender thereof. Each such Revolving Lender or the relevant Issuing Lender (in the case of a request pertaining to Letters of Credit) shall notify the Administrative Agent, not later than 1:00 p.m., 2 Business Days after receipt of such
request whether it consents, in its sole discretion, to the making of Revolving Loans or the issuance of Letters of Credit in the requested currency. 

(c) Any failure by any Revolving Lender or the relevant Issuing Lender, as the case may be, to respond to such request within the time period
specified in the preceding paragraph (b) shall be deemed to be a refusal by such Revolving Lender or Issuing Lender, as the case may be, to permit Revolving Loans to be made or Letters of Credit to be issued in the requested currency. If the
Administrative Agent and each Revolving Lender that would be obligated to make Revolving Loans denominated in the requested currency consent to making Revolving 

  
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Loans in the requested currency, the Administrative Agent shall so notify the Borrower and such currency shall thereupon be deemed for all purposes to be an Alternate Currency hereunder for
purposes of any Borrowing of Revolving Loans; and if the Administrative Agent, the Revolving Lenders and the relevant Issuing Lender consent to the issuance of Letters of Credit in the requested currency, the Administrative Agent shall so notify the
Borrower and such currency shall thereupon be deemed for all purposes to be an Alternate Currency hereunder for purposes of the issuance of any Letter of Credit issued by such Issuing Lender. If the Administrative Agent fails to obtain the requisite
consent to any request for an additional currency under this Section 1.08, the Administrative Agent shall promptly so notify the Borrower. 

Section 1.09. Cashless Rolls. Notwithstanding anything to the contrary contained in this Agreement or in any other Credit
Document, to the extent that any Lender voluntarily extends the maturity date of, or replaces, renews or refinances, any of its then-existing Loans with Incremental Loans, Refinancing Term Loans, Loans in connection with any Replacement Revolving
Credit Commitments, Replacement Revolving Loans, Loans in connection with any Extension pursuant to Section 12.06(c) or loans incurred under a new credit facility, in each case, to the extent such extension, replacement, renewal or refinancing
is effected by means of a “cashless roll” by such Lender, such extension, replacement, renewal or refinancing shall be deemed to comply with any requirement hereunder or any other Credit Document that such payment be made “in
Dollars”, “in immediately available funds”, “in Cash” or any other similar requirement. 
 ARTICLE 2 

AMOUNT AND TERMS OF THE LOANS 

Section 2.01. Commitments. (a) Each Initial Term Lender severally agrees, subject to and on the terms
and conditions of this Agreement, to make a loan in Dollars (each, an “Initial Term Loan” and collectively, the “Initial Term Loans”) to the Borrower on the Closing Date in a principal amount not to exceed its
Initial Term Loan Commitment. To the extent repaid, Term Loans may not be reborrowed. 
 (b) Each Initial Revolving Lender
severally agrees, subject to and on the terms and conditions of this Agreement, to make revolving loans in Dollars or in one or more Alternate Currencies (each, a “Initial Revolving Loan,” and collectively, the “Initial
Revolving Loans”) to the Borrower, from time to time on any Business Day during the period from and including, subject to Section 2.01(c), the Closing Date to but not including the Initial Revolving Credit Maturity Date,
provided that no Borrowing of Initial Revolving Loans shall be made if, immediately after giving effect thereto and the application of the proceeds therefrom: 

(i) the sum of (y) the aggregate principal amount of Initial Revolving Loans of such Lender outstanding at such time and
(z) such Lender’s Letter of Credit Exposure at such time would exceed its Initial Revolving Credit Commitment at such time; or 

(ii) the sum of (x) the aggregate principal amount of Initial Revolving Loans outstanding at such time, (y) the
aggregate principal amount of Swingline Loans outstanding at such time and (z) the aggregate Letter of Credit Exposure of all Revolving Lenders at such time would exceed the aggregate Initial Revolving Credit Commitments at such time. 

  
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 Subject to and on the terms and conditions of this Agreement, the Borrower may borrow, repay and
reborrow Initial Revolving Loans. 
 (c) Subject to the terms and conditions of this Agreement, the Initial Revolving Loans shall be
available on the Closing Date in an aggregate principal amount of up to $25,000,000 to finance a portion of the Transactions and for working capital needs and other general corporate purposes. 

(d) The Swingline Lender agrees, subject to and on the terms and conditions of this Agreement, to make loans in Dollars to the Borrower
(each, a “Swingline Loan,” and collectively, the “Swingline Loans”), from time to time on any Business Day during the period from the Business Day following the Closing Date to but not including the Initial
Revolving Credit Maturity Date, in an aggregate principal amount at any time outstanding not exceeding the Swingline Commitment, notwithstanding that the aggregate principal amount of Swingline Loans outstanding at any time, when added to the
aggregate principal amount of the Revolving Loans made by the Swingline Lender in its capacity as a Lender outstanding at such time and its Letter of Credit Exposure at such time, may exceed its Revolving Credit Commitment at such time;
provided that no Borrowing of Swingline Loans shall be made if immediately after giving effect thereto and the application of the proceeds therefrom, the sum of (x) the aggregate principal amount of Revolving Loans
outstanding at such time, (y) the aggregate Letter of Credit Exposure of all Revolving Lenders at such time and (z) the aggregate principal amount of Swingline Loans outstanding at such time would exceed the aggregate Revolving Credit
Commitments at such time. Subject to and on the terms and conditions of this Agreement, the Borrower may borrow, repay (including by means of a Borrowing of Revolving Loans pursuant to Section 2.02(e)) and reborrow Swingline Loans. 

(e) Subject to the terms and conditions of this Agreement and any applicable Refinancing Amendment or Incremental Facility Agreement, each
Lender with any Additional Revolving Credit Commitment or Additional Term Commitments, as the case may be, of a given Class, severally and not jointly, agrees to make Additional Revolving Loans and/or Additional Term Loans, as the case may be, of
such Class to the Borrower, which Loans shall not exceed for any such Lender at the time of any incurrence thereof the Additional Revolving Credit Commitment or Additional Term Commitment, as the case may be, of such Class of such Lender as set
forth in the applicable Refinancing Amendment or Incremental Facility Agreement. 
 (f) Each Revolving Lender, may, at its option, make any
Revolving Loan by causing any domestic or foreign branch or Affiliate of such Revolving Lender to make such Revolving Loan; provided, that (i) any exercise of such option shall not affect in any manner the obligation of the Borrower to
repay such Revolving Loan in accordance with the terms of this Agreement and (ii) such domestic or foreign branch or Affiliate of such Revolving Lender shall not be entitled to any greater payment, indemnification or reimbursement under
Section 2.16 or Section 2.17 with respect to such Revolving Loan than that which the applicable Revolving Lender was entitled on the date on which such Revolving Loan was made. 

  
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 Section 2.02. Borrowings. (a) Subject to the terms and conditions of this
Agreement, the Loans shall, at the option of the Borrower, be either Base Rate Loans or LIBOR Loans, provided, however, that all Loans comprising the same Borrowing shall, unless otherwise specifically provided herein, be of the same
Type and Class. The Swingline Loans shall be made and maintained as Base Rate Loans at all times. 
 (b) In order to make a
Borrowing (other than (w) Borrowings of Swingline Loans, which shall be made pursuant to Section 2.02(d), (x) Borrowings for the purpose of repaying Refunded Swingline Loans, which shall be made pursuant to Section 2.02(e),
(y) Borrowings for the purpose of repaying unpaid Reimbursement Obligations, which shall be made pursuant to Section 3.05, and (z) Borrowings involving continuations or conversions of outstanding Loans, which shall be made pursuant to
Section 2.11), the Borrower will give the Administrative Agent written notice not later than 12:00 p.m., three (3) Business Days prior to each Borrowing (or, in the case of any Borrowing of Base Rate Loans, 12:00 p.m. on the Business Day
of such Borrowing); provided, however, that notwithstanding the foregoing, the Term Loans borrowed on the Closing Date may, at the election of the Borrower, be borrowed as LIBOR Loans and any Loans to be
made on the Closing Date may, at the discretion of the Administrative Agent, be given later than the times specified hereinabove. Each such notice (each, a “Notice of Borrowing”) shall be irrevocable, shall be given in substantially
the form of Exhibit B-1 and shall specify (i) the currency and aggregate principal amount, Class and initial Type of the Loans to be made pursuant to such Borrowing, (ii) in the case of a Borrowing of LIBOR Loans, the initial Interest
Period to be applicable thereto and (iii) the requested date of such Borrowing (the “Borrowing Date”), which shall be a Business Day. Upon its receipt of a Notice of Borrowing, the Administrative Agent will promptly notify each
Term Lender or Revolving Lender, as applicable, of the proposed Borrowing. Notwithstanding anything to the contrary contained herein: 

(i) the aggregate principal amount of the Borrowing of Term Loans shall be in the amount of the aggregate Term Loan
Commitments; 
 (ii) the aggregate principal amount of each Borrowing comprised of Base Rate Loans shall not be less than
$250,000 (or, in the case of any Base Rate Loan denominated in any Alternate Currency, the equivalent of $250,000 denominated in such Alternate Currency) or, if greater, an integral multiple of $100,000 (or, in the case of any Base Rate Loan
denominated in any Alternate Currency, the equivalent of $100,000 denominated in such Alternate Currency) in excess thereof (or, in the case of a Borrowing of Revolving Loans, if less, in the amount of the aggregate Unutilized Revolving Credit
Commitments), the aggregate principal amount of each Borrowing comprised of LIBOR Loans shall not be less than $1,000,000 (or, in the case of any LIBOR Loan denominated in any Alternate Currency, the equivalent of $1,000,000 denominated in such
Alternate Currency) or, if greater, an integral multiple of $500,000 (or, in the case of any LIBOR Loan denominated in any Alternate Currency, the equivalent of $500,000 denominated in such Alternate Currency) in excess thereof, 

(iii) if the Borrower shall have failed to designate the Type of Loans, then it shall be deemed to have requested a Borrowing
comprised of Base Rate Loans; 

  
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 (iv) if the Borrower shall have failed to select the duration of the Interest
Period to be applicable to any Borrowing of LIBOR Loans, then the Borrower shall be deemed to have selected an Interest Period with a duration of three months; and 

(v) if the Borrower shall have failed to select the currency applicable to any Borrower, then the Borrower shall be deemed to
have selected a Borrowing of Loans denominated in Dollars. 
 (c) In the case of each Borrowing of Loans, not later than 10:00 a.m. (or in
the case of any Base Rate Loan requested on the same day, not later than 1:00 p.m.) on the requested Borrowing Date (which shall be the Closing Date, in the case of the Initial Term Loans), each Lender will make available to the Administrative Agent
at its office referred to in Section 12.05 (or at such other location as the Administrative Agent may designate) an amount, in Dollars or the applicable Alternate Currency and in immediately available funds, equal to the amount of the Loan to
be made by such Lender. Subject to the satisfaction or waiver of applicable conditions to lending hereunder, the Administrative Agent will make the aggregate of such amounts available to the Borrower in accordance with Section 2.03 and in like
funds as received by the Administrative Agent. 
 (d) In order to make a Borrowing of a Swingline Loan, the Borrower will give the
Administrative Agent and the Swingline Lender written notice not later than 2:00 p.m. on the date of such Borrowing. Each such notice (each, a “Notice of Swingline Borrowing”) shall be irrevocable, shall be given in substantially
the form of Exhibit B-2 and shall specify (i) the principal amount of the Swingline Loan to be made pursuant to such Borrowing (which shall not be less than (A) $50,000 and, if greater, shall be in an integral multiple of $50,000 in excess
thereof (or, if less, in the amount of the Unutilized Swingline Commitment)) and (ii) the requested Borrowing Date, which shall be a Business Day. Not later than 3:00 p.m. on the requested Borrowing Date, the Swingline Lender will make
available to the Administrative Agent at its office (or at such other location as the Administrative Agent may designate) an amount, in immediately available funds, equal to the amount of the requested Swingline Loan. To the extent the Swingline
Lender has made such amount available to the Administrative Agent as provided hereinabove, the Administrative Agent will make such amount available to the appropriate Borrower in accordance with Section 2.03 and in like funds as received by the
Administrative Agent. 
 (e) With respect to any outstanding Swingline Loans, the Swingline Lender may at any time (whether or
not an Event of Default has occurred and is continuing) in its sole and absolute discretion, and is hereby authorized and empowered by the Borrower to, cause a Borrowing of Revolving Loans to be made for the purpose of repaying such Swingline Loans
by delivering to the Administrative Agent (if the Administrative Agent is different from the Swingline Lender) and each other Revolving Lender (on behalf of, and with a copy to, the Borrower), not later than 11:00 a.m., one Business Day prior to the
proposed Borrowing Date therefor, a notice (which shall be deemed to be a Notice of Borrowing given by the Borrower) requesting the Revolving Lenders to make Revolving Loans (which shall be made initially as Base Rate Loans) on such Borrowing Date
in an aggregate amount equal to the amount of such Swingline Loans (the “Refunded Swingline Loans”) outstanding on the date such notice is given that the Swingline Lender requests to be repaid. Not later than 2:00 p.m. on the
requested  

  
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Borrowing Date, each Revolving Lender (other than the Swingline Lender) will make available to the Administrative Agent at its office referred to in Section 12.05 (or at such other location
as the Administrative Agent may designate) an amount, in Dollars and in immediately available funds, equal to the amount of the Revolving Loan to be made by such Lender. To the extent the Revolving Lenders have made such amounts available to the
Administrative Agent as provided hereinabove, the Administrative Agent will make the aggregate of such amounts available to the Swingline Lender in like funds as received by the Administrative Agent, which shall apply such amounts in repayment of
the Refunded Swingline Loans. Notwithstanding any provision of this Agreement to the contrary, on the relevant Borrowing Date, the Refunded Swingline Loans (including the Swingline Lender’s ratable share thereof, in its capacity as a Lender)
shall be deemed to be repaid with the proceeds of the Revolving Loans made as provided above (including a Revolving Loan deemed to have been made by the Swingline Lender), and such Refunded Swingline Loans deemed to be so repaid shall no longer be
outstanding as Swingline Loans but shall be outstanding as Revolving Loans. If any portion of any such amount repaid (or deemed to be repaid) to the Swingline Lender shall be recovered by or on behalf of the Borrower from the Swingline Lender in any
bankruptcy, insolvency or similar proceeding or otherwise, the loss of the amount so recovered shall be shared ratably among all the Revolving Lenders in the manner contemplated by Section 2.15(b). 

(f) If, as a result of any bankruptcy, insolvency or similar proceeding with respect to the Borrower, Revolving Loans are not made pursuant to
subsection (e) above in an amount sufficient to repay any amounts owed to the Swingline Lender in respect of any outstanding Swingline Loans, or if the Swingline Lender is otherwise precluded for any reason from giving a notice on behalf of the
Borrower pursuant to Section 2.02(e), the Swingline Lender shall be deemed to have sold without recourse, representation or warranty, and each Lender shall be deemed to have purchased and hereby agrees to purchase, a participation in such
outstanding Swingline Loans in an amount equal to its ratable share (based on the proportion that its Revolving Credit Commitment bears to the aggregate Revolving Credit Commitments at such time, whether or not the Revolving Credit Commitments are
then in effect and if the Revolving Credit Commitments have ceased to be in effect, then pursuant to the Revolving Credit Commitments as in effect immediately prior to such cessation) of the unpaid amount thereof together with accrued interest
thereon at the rate then payable on Loans that bear interest by reference to the Base Rate. Upon one Business Day’s prior notice from the Swingline Lender, each Lender (other than the Swingline Lender) will make available to the Administrative
Agent at its office referred to in Section 12.05 (or at such other location as the Administrative Agent may designate) an amount, in Dollars and in immediately available funds, equal to its respective participation. To the extent the Lenders
have made such amounts available to the Administrative Agent as provided hereinabove, the Administrative Agent will make the aggregate of such amounts available to the Swingline Lender in like funds as received by the Administrative Agent. In the
event any such Lender fails to make available to the Administrative Agent the amount of such Lender’s participation as provided in this subsection (f), the Swingline Lender shall be entitled to recover such amount on demand from such Lender,
together with interest thereon for each day from the date such amount is required to be made available for the account of the Swingline Lender until the date such amount is made available to the Swingline Lender at the Federal Funds Rate for the
first Business Day and thereafter at the Adjusted Base Rate applicable to Revolving Loans. Promptly following its receipt of any payment by or on behalf of the Borrower in respect of a Swingline Loan, the Swingline Lender will pay to each Lender
that has acquired a participation therein such Lender’s ratable share of such payment. 

  
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 (g) Notwithstanding any provision of this Agreement to the contrary, the obligation of each
Revolving Lender (other than the Swingline Lender) to make Revolving Loans for the purpose of repaying any Refunded Swingline Loans pursuant to subsection (e) above and each such Lender’s obligation to purchase a participation in any
unpaid Swingline Loans pursuant to subsection (f) above shall be absolute and unconditional and shall not be affected by any circumstance or event whatsoever, including, without limitation, (i) any set-off, counterclaim, recoupment,
defense or other right that such Revolving Lender may have against the Swingline Lender, the Administrative Agent, the Borrower or any other Person for any reason whatsoever, (ii) the occurrence or continuance of any Default or Event of
Default, (iii) any adverse change in the condition (financial or otherwise) of any Credit Party and (iv) any other act or omission to act or delay of any kind of any Secured Party or any other Person or any other event or circumstance
whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section 2.02, constitute a legal or equitable discharge of any obligation of the Borrower or any Revolving Lender hereunder. 

Section 2.03. Disbursements; Funding Reliance; Domicile of Loans. (a) The Borrower hereby authorizes the
Administrative Agent to disburse the proceeds of each Borrowing in accordance with the terms of any Notice of Borrowing or other written instructions from any Responsible Officer of the Borrower. 

(b) Unless the Administrative Agent has received, prior to 10:00 a.m. (or in the case of any Base Rate Loan requested on the same day, prior
to 1:00 p.m.) on the relevant Borrowing Date, written notice from a Lender that such Lender will not make available to the Administrative Agent such Lender’s ratable portion, if any, of the relevant Borrowing, the Administrative Agent may
assume that such Lender has made such portion available to the Administrative Agent in immediately available funds on such Borrowing Date in accordance with the applicable provisions of Section 2.02, and the Administrative Agent may, in
reliance upon such assumption, but shall not be obligated to, make a corresponding amount available to the Borrower on such Borrowing Date. If and to the extent that such Lender shall not have made such portion available to the Administrative Agent,
and the Administrative Agent shall have made such corresponding amount available to the Borrower, such Lender, on the one hand, and the Borrower, on the other, severally agree to pay to the Administrative Agent forthwith on demand such corresponding
amount, together with interest thereon for each day from the date such amount is made available to the Borrower until the date such amount is repaid to the Administrative Agent, (i) in the case of such Lender, at the Federal Funds Rate (or
(A) in the case of a Borrowing denominated in Canadian Dollars, the Canadian Prime Rate and (B) in the case of a Borrowing denominated in any Alternate Currency other than Canadian Dollars, the Administrative Agent’s customary rate
for interbank advances in the Alternate Currency in which such Borrowing is denominated); and (ii) in the case of the Borrower, at the rate of interest applicable at such time to the Type and Class of Loans comprising such Borrowing, as
determined under the provisions of Section 2.08. If such Lender shall repay to the Administrative Agent such corresponding amount, such amount shall constitute such Lender’s Loan as part of such Borrowing for purposes of this Agreement.
The failure of any Lender to make any Loan required to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Loan as part of such Borrowing, but, except as otherwise provided
herein, no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender as part of any Borrowing. 

  
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 Section 2.04. Notes. (a) If so requested by any Lender by written notice
to the Borrower (with a copy to the Administrative Agent) at least five Business Days prior to the Closing Date, or at any time after the Closing Date, the Loans made by such Lender shall be evidenced (i) in the case of Term Loans, by a Term
Note appropriately completed, (ii) in the case of Revolving Loans, by a Revolving Note appropriately completed, (iii) in the case of the Swingline Loans, by a Swingline Note appropriately completed; it being understood and agreed that such
Lender (and/or its applicable registered assigns) shall be required to return such Note to the Borrower for cancellation in accordance with Section 12.07(c) and upon the Termination Date. 

(b) Each Lender will record on its internal records the amount and Type of each Loan made by it and each payment received by it in
respect thereof and will, in the event of any transfer of any of its Notes, either endorse on the reverse side thereof or on a schedule attached thereto (or any continuation thereof) the outstanding principal amount and Type of the Loans evidenced
thereby as of the date of transfer or provide such information on a schedule to the Assignment and Acceptance or Affiliate Assignment Agreement relating to such transfer; provided, however, that the failure of any Lender to make any
such recordation or provide any such information, or any error therein, shall not affect the Borrower’s obligations under this Agreement or the Notes. 

Section 2.05. Termination and Reduction of Commitments and Swingline Commitment. (a) The Initial Term Loan Commitments
shall be automatically and permanently terminated on the Closing Date. The Initial Revolving Credit Commitments shall be automatically and permanently terminated on the Initial Revolving Credit Maturity Date. The Swingline Commitment shall be
automatically and permanently terminated on the Latest Revolving Credit Maturity Date, unless sooner terminated pursuant to any other provision of this Section or Section 9.02. The Additional Term Commitments of any Class shall
automatically terminate upon the making of the Additional Term Loans of such Class and, if any such Additional Term Commitment is not drawn on the date that such Additional Term Commitment is required to be drawn pursuant to the applicable
Refinancing Amendment or Incremental Facility Agreement, the undrawn amount thereof shall automatically terminate and the Additional Revolving Credit Commitments of any Class shall automatically terminate on the Maturity Date specified therefor in
the applicable Refinancing Amendment or Incremental Facility Agreement. 
 (b) At any time and from time to time after the
Closing Date, upon not less than one Business Day’s prior written notice to the Administrative Agent (and, in the case of a termination or reduction of the Unutilized Swingline Commitment, the Swingline Lender), the Borrower may terminate in
whole or reduce in part the aggregate Unutilized Revolving Credit Commitments and/or the Unutilized Swingline Commitment, provided that any such partial reduction shall be in an aggregate amount of not less than $1,000,000 in the case of the
Unutilized Revolving Credit Commitments ($100,000 in the case of the Unutilized Swingline Commitment) or, if greater, an integral multiple of $1,000,000 in the case of the Unutilized Revolving Credit Commitments ($100,000 in the case of the
Unutilized Swingline Commitment) in excess thereof. The amount of any termination or reduction made under this subsection (b) may not thereafter be reinstated. 

  
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 (c) Each reduction of the Revolving Credit Commitments pursuant to this Section shall be applied
ratably among the Revolving Lenders according to their respective Revolving Credit Commitments; provided, that any Incremental Revolving Facility may provide that the Borrower may terminate the commitments of such Incremental Revolving Facility on a
less than pro rata basis with any other existing Revolving Credit Commitments. Notwithstanding any provision of this Agreement to the contrary, any reduction of the Revolving Credit Commitments pursuant to this Section that has the effect of
reducing the aggregate Revolving Credit Commitments to an amount less than the amount of the Swingline Commitment, at such time shall result in an automatic corresponding reduction of the Swingline Commitment to the amount of the aggregate Revolving
Credit Commitments (as so reduced), without any further action on the part of the Borrower or the Swingline Lender (and shall require immediate prepayment of the Swingline Loans to the extent that the Swingline Commitment is reduced below the amount
of Swingline Loans then outstanding). 
 Section 2.06. Mandatory Payments and Prepayments. (a) Except to the extent
due or paid sooner pursuant to the provisions of this Agreement, the Borrower will repay the aggregate principal amount of the Initial Term Loans, (A) commencing with the first full fiscal quarter beginning after the Closing Date, on the last
day of each fiscal quarter of the Borrower and each subsequent fiscal quarter of the Borrower ending prior to the Initial Term Loan Maturity Date, in each case in an amount equal to 0.25% of the original principal amount of the Initial Term Loans
made on the Closing Date (as such payments may be reduced from time to time as a result of the application of prepayments in accordance with this Section 2.06, Section 2.07 or purchases in accordance with 12.07(d) or increased as a result
of any increase in the amount of the Initial Term Loans pursuant to Section 2.22(a)) and (B) on the Initial Term Loan Maturity Date, the remainder of the principal amount of the Initial Term Loans outstanding on such date. 

(b) The Borrower shall repay the Additional Term Loans of any Class in such scheduled amortization installments and on such date or dates as
shall be specified therefor in the applicable Refinancing Amendment, Incremental Facility Agreement or Extension Amendment (as such payments may be reduced from time to time as a result of the application of prepayments in accordance with this
Section 2.06 or purchases in accordance with 12.07(d)). 
 (c) Except to the extent due or paid sooner pursuant to the provisions of
this Agreement, the Borrower shall pay the aggregate outstanding principal of all Initial Revolving Loans (in Dollars or the relevant Alternate Currency) and Swingline Loans in full on the Initial Revolving Credit Maturity Date. 

(d) In the event that, on any Revaluation Date, the sum of (x) the Dollar Equivalent of the aggregate principal amount of Revolving Loans
of any Class outstanding at such time, (y) the Dollar Equivalent of the aggregate Letter of Credit Exposure of all Revolving Lenders at such time and (z) the aggregate principal amount of Swingline Loans outstanding at such time (excluding
the aggregate amount of any Loans to be repaid on the date of determination) shall exceed an amount equal to 105% of the aggregate Revolving Credit Commitments at such time (after giving effect to any concurrent termination or reduction thereof),
the Borrower will 

  
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promptly, and in any event within five Business Days, at the Borrower’s option: (i) prepay Swingline Loans, (ii) prepay Revolving Loans and/or (iii) Cash Collateralize the
Letter of Credit Exposure, in the aggregate amount of such excess, after receiving written notice from the Administrative Agent of such excess. 

(e) Promptly upon (and in any event not later than five Business Days after) the receipt thereof by the Borrower, or any Restricted
Subsidiary, the Borrower will prepay, in accordance with Section 2.06(h), the outstanding principal amount of the Term Loans in an amount equal to 100% of the Net Cash Proceeds from any Debt Issuance. 

(f) Subject to the last sentence of this Section 2.06(f), promptly upon (and in any event not later than 30 Business Days after)
the receipt thereof of Net Cash Proceeds from any Prepayment Asset Sale or Casualty Event, in each case, in excess of (i) $17,500,000 in a single transaction or a series of related transactions or (ii) $60,000,000 in the aggregate for all
such transactions after the Closing Date by the Borrower or any Restricted Subsidiary and subject to the Borrower’s right to reinvest such Net Cash Proceeds as provided below, the Borrower will prepay, in accordance with Section 2.06(h),
the outstanding principal amount of the Term Loans in an amount equal to 100% of the Net Cash Proceeds received with respect thereto in excess of such threshold. Notwithstanding the foregoing, (A) the Borrower or any Restricted Subsidiary shall
have the option (to be exercised by the Borrower notifying the Administrative Agent of its intention to reinvest prior to the date any such prepayment is required to be made), directly or through one or more of their Subsidiaries, to reinvest the
Net Cash Proceeds from any such Prepayment Asset Sale or Casualty Event, as the case may be, in assets of the general type used or useful in the business of the Borrower and its Subsidiaries, (x) within one year of receipt thereof or
(y) if the Borrower or such Restricted Subsidiary has committed to so reinvest such Net Cash Proceeds during such one-year period and such Net Cash Proceeds are so reinvested, not more than six months after the expiration of such one-year
period and (B) if, at the time that any such prepayment would be required hereunder, the Borrower or any of its Restricted Subsidiaries is required to repay or repurchase any other Indebtedness (or offer to repay or repurchase such
Indebtedness) that is secured on a pari passu basis with any Secured Obligation pursuant to the terms of the documentation governing such Indebtedness with the Net Cash Proceeds from any such Prepayment Asset Sale or Casualty Event (such
Indebtedness required to be so repaid or repurchased (or offered to be repaid or repurchased), the “Other Applicable Indebtedness”), then the relevant Person may apply such Net Cash Proceeds on a pro rata basis to the prepayment of
the Term Loans and to the repurchase or repayment of the Other Applicable Indebtedness (determined on the basis of the aggregate outstanding principal amount of the Term Loans and the Other Applicable Indebtedness (or accreted amount if such Other
Applicable Indebtedness is issued with original issue discount) at such time); it being understood that (1) the portion of such Net Cash Proceeds allocated to the Other Applicable Indebtedness shall not exceed the amount of such Net Cash
Proceeds required to be allocated to the Other Applicable Indebtedness pursuant to the terms thereof, (and the remaining amount, if any, of such Net Cash Proceeds shall be allocated to the Term Loans in accordance with the terms hereof), and the
amount of the prepayment of the Term Loans that would have otherwise been required pursuant to this Section 2.06(f) shall be reduced accordingly and (2) to the extent the holders of the Other Applicable Indebtedness decline to have such
Indebtedness prepaid or repurchased, the declined amount shall promptly (and in any event within ten Business Days after the date of such rejection) be applied to prepay the Term Loans in accordance with the terms hereof. 

  
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 (g) Within 10 Business Days after the date that the annual consolidated financial
statements of the Borrower and its Subsidiaries are required to be delivered pursuant to Section 6.01(b) after the end of each fiscal year ending after the Closing Date (the “Excess Cash Flow Prepayment Date”), beginning with
the fiscal year ending on or about December 31, 2015, the Borrower will prepay, in accordance with Section 2.06(h), the outstanding principal amount of the Term Loans in an amount equal to (x) the Prepayment Percentage of Excess Cash
Flow, if any, for such fiscal year minus (y) other than to the extent made from Net Cash Proceeds from any Permitted Cure Securities or Indebtedness (other than revolving Indebtedness), (i) voluntary repayments of the Loans during such
fiscal year or thereafter prior to the Excess Cash Flow Prepayment Date (without duplication between fiscal years) (solely, in the case of Revolving Loans, to the extent accompanied by a permanent reduction of the Revolving Credit Commitments) and
(ii) the amount of any reduction in the outstanding amount of any Term Loans resulting from any assignment made in accordance with Section 12.07(d) or (e) of this Agreement (including in connection with any Dutch Auction) on a dollar
for dollar basis (it being understood that any such reduction pursuant to clause (i) or (ii) above made at a discount to par will only reduce such payment or prepayment pursuant to this clause (g) by the amount of cash actually paid).
 
 (h) In the event that the obligation of the Borrower to prepay the Term Loans shall arise pursuant to subsections
(e) through (g) above, except as otherwise provided in any Refinancing Amendment, any Incremental Facility Agreement or any Extension Amendment, the Borrower shall prepay the outstanding principal amount of the Term Loans in the amount of
such prepayment obligation within the applicable time periods specified in subsections (e) through (g) above, with such prepayment to be applied to the Term Loans pro rata in direct order of maturity for the next eight scheduled principal
payments on the Term Loans and, thereafter, on a pro rata basis according to the amount of each such scheduled amortization payment; provided, that any prepayment of Term Loans with the Net Cash Proceeds of any Refinancing Indebtedness,
Incremental Term Facility, Permitted External Refinancing Debt or Refinancing Term Loans shall be applied to the applicable Class of Term Loans being refinanced or replaced. Each payment or prepayment pursuant to the provisions of this
Section shall be applied ratably among the Lenders holding the Loans being prepaid, in proportion to the principal amount held by each, and shall be applied (1) first, to prepay all Base Rate Loans, and (2) second, to the extent of
any excess remaining after application as provided in clause (1) above, to prepay all LIBOR Loans (and as among LIBOR Loans, (A) first to prepay those LIBOR Loans, if any, having Interest Periods ending on the date of such prepayment, and
(B) thereafter, to the extent of any excess remaining after application as provided in clause (A) above, to prepay LIBOR Loans in the manner that minimizes the amount of any payments required to be made pursuant to Section 2.18).

 (i) Each payment or prepayment of a LIBOR Loan made pursuant to the provisions of this Section on a day other than the last day
of the Interest Period applicable thereto shall be made together with all amounts required under Section 2.18 to be paid as a consequence thereof. 

(j) Notwithstanding any provision under this Section 2.06 to the contrary, (i) any amounts that would otherwise be required to be
paid by the Borrower pursuant to Section 2.06(f) and (g) above shall not be required to be so prepaid to the extent any such Excess Cash Flow is generated by a Foreign Subsidiary or such Net Cash Proceeds are received by a Foreign

  
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Subsidiary, for so long as the repatriation to the United States of any such amounts would be prohibited under any Requirement of Law or conflict with the fiduciary duties of such Foreign
Subsidiary’s directors, or result in, or could reasonably be expected to result in, a material risk of personal or criminal liability for any officer, director, employee, manager, member of management or consultant of such Foreign Subsidiary
(the Borrower agreeing to cause the applicable Foreign Subsidiary to promptly take all commercially reasonable actions required by the applicable local law to permit such repatriation), and once such repatriation of any such affected Net Cash
Proceeds or Excess Cash Flow is permitted under the applicable Requirement of Law and, to the extent applicable, would no longer conflict with the fiduciary duties of such director, or result in, or could reasonably be expected to result in, a
material risk of personal or criminal liability for the Persons described above, such repatriation will be promptly effected and such repatriation of Net Cash Proceeds or Excess Cash Flow, as applicable, will be promptly (and in any event not later
than three Business Days after such repatriation) applied (net of additional Taxes payable or reserved against as a result thereof) to the repayment of the Loans pursuant to this Section 2.06(j) to the extent provided herein (without regard to
this clause (j)); and (ii) if the repatriation by a Foreign Subsidiary to the United States of any amount required to mandatorily prepay the Loans pursuant to Section 2.06(f) and (g) above would result in material adverse cash tax
consequences to the Borrower (including pursuant to any Tax sharing arrangements or any Tax Distribution), any of the Borrower’s direct or indirect equity owners or its Restricted Subsidiaries, taking into account any foreign tax credits or
benefits actually realized in connection with such repatriation (such amount, a “Restricted Amount”), as reasonably determined by the Borrower, the amount the Borrower shall be required to mandatorily prepay pursuant to
Section 2.06(f) and (g) above, as applicable, shall be reduced by the Restricted Amount until such time as it may repatriate to the United States such Restricted Amount without incurring such material adverse cash tax liability;
provided that to the extent that the repatriation of any Net Cash Proceeds or Excess Cash Flow from such Foreign Subsidiary would no longer have a material adverse cash tax consequence, an amount equal to the Net Cash Proceeds
or Excess Cash Flow, as applicable, not previously applied pursuant to preceding clauses (i) and (ii), shall be promptly applied to the repayment of the Loans pursuant to Section 2.06 as otherwise required above (without regard to this
clause (j)). 
 (k) Each Lender may elect, by notice to the Administrative Agent at or prior to the time, and in the manner
specified by the Administrative Agent, of any prepayment of Loans required to be made by the Borrower pursuant to this Section 2.06 (except any prepayment required pursuant to Section 2.06(e)), to decline all (but not a portion) of its
Applicable Percentage of such prepayment (such declined amounts, the “Declined Proceeds”), in which case, such Declined Proceeds may be retained by the Borrower and shall be added to the calculation of the Available Amount. If a
Lender fails to deliver a notice of election declining receipt of its applicable percentage of such mandatory prepayment to the Administrative Agent within the time frame specified by the Administrative Agent, any such failure will be deemed to
constitute an acceptance of such Lender’s Applicable Percentage of the total amount of such mandatory prepayment of the Loans. 

Section 2.07. Voluntary Prepayments; Premium. (a) At any time and from time to time, the Borrower shall have the right
to prepay the Loans, in whole or in part, without premium or penalty (except as provided in subclause (ii) below and subject to the provisions of clause (c) below), upon written notice (or telephonic notice if followed promptly by written
notice) given  

  
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to the Administrative Agent not later than 1:00 p.m., three Business Days prior to each intended prepayment (or, in the case of a prepayment of a Base Rate Loan, on the date of such
prepayment), provided that (i) each partial prepayment of Base Rate Loans shall be in an aggregate principal amount of not less than $250,000 (or, in the case of any Base Rate Loan denominated in any Alternate Currency, the equivalent of
$250,000 denominated in such Alternate Currency) or, if greater, an integral multiple of $100,000 (or, in the case of any Base Rate Loan denominated in any Alternate Currency, the equivalent of $100,000 denominated in such Alternate Currency) in
excess thereof, each partial prepayment of LIBOR Loans shall be in an aggregate principal amount of not less than $1,000,000 (or, in the case of any LIBOR Loan denominated in any Alternate Currency, the equivalent of $1,000,000 denominated in such
Alternate Currency) or, if greater, an integral multiple of $500,000 (or, in the case of any LIBOR Loan denominated in any Alternate Currency, the equivalent of $500,000 denominated in such Alternate Currency) in excess thereof and (ii) unless
made together with any amounts required under Section 2.18 to be paid as a consequence of such prepayment, a prepayment of a LIBOR Loan may be made only on the last day of the Interest Period applicable thereto. Each such notice shall specify
the proposed date of such prepayment and the aggregate principal amount, Class and Type of the Loans to be prepaid (and, in the case of LIBOR Loans, the Borrowing pursuant to which made and the Interest Period applicable thereto), and shall be
irrevocable and shall bind the Borrower to make such prepayment on the terms specified therein (except as otherwise provided in Section 2.07(d)). Revolving Loans and Swingline Loans (but not Term Loans) prepaid pursuant to this
Section 2.07 may be reborrowed, subject to the terms and conditions of this Agreement. 
 (b) Each prepayment of the Term Loans
made pursuant to clause (a) above shall be applied to the scheduled principal payments of such Loans as directed by the Borrower and in the absence of such direction, in the direct order of maturity. Each prepayment of the Loans made pursuant
to subsection (a) above shall be applied ratably among the Lenders holding the Loans being prepaid, in proportion to the principal amount held by each. 

(c) If, prior to the 6 month anniversary of the Closing Date, the Borrower (i) repays, prepays, refinances or replaces any Initial Term
Loans in connection with a Repricing Transaction or (ii) effects any amendment, modification or waiver of, or consent under, this Agreement that results in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the
ratable account of each Lender with an outstanding Initial Term Loan (x) in the case of clause (i), a premium equal to 1.00% of the aggregate principal amount of Initial Term Loans so prepaid, repaid, refinanced or replaced and (y) in the
case of clause (ii) a fee equal to 1.00% of the aggregate principal amount of the Initial Term Loans that are the subject of such Repricing Transaction outstanding immediately prior to such amendment, modification, waiver or consent. If prior
to the 6 month anniversary of the Closing Date all or any portion of the Initial Term Loans held by any Lender are prepaid, repaid, refinanced or replaced pursuant to Section 2.20 as a result of, or in connection with, such Lender not agreeing
or otherwise consenting to any amendment, modification, waiver or consent referred to in clause (ii) above, such prepayment, repayment, refinancing or replacement will be made at 101% of the principal amount so prepaid, repaid, refinanced or
replaced. All such amounts shall be due and payable on the effective date of the applicable Repricing Transaction. 

  
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 (d) Any notice in respect of a prepayment of the Credit Facilities (including in
connection with a Change in Control or issuance of Indebtedness) (an “Original Prepayment Notice”) may be conditioned upon the effectiveness of other transactions, in which case such notice may be revoked by the Borrower by
providing notice to the Administrative Agent on or prior to the date of prepayment as specified in such Original Prepayment Notice, and the failure to make a prepayment pursuant to such an Original Prepayment Notice shall not constitute an Event of
Default. 
 Section 2.08. Interest. (a) Each Loan will bear interest in respect of the unpaid principal
amount thereof from the date of Borrowing thereof until such principal amount shall be paid in full as follows: 
 (i)
each Base Rate Borrowing of Term Loans shall bear interest at the Adjusted Base Rate; 
 (ii) each Adjusted LIBOR Rate
Borrowing of Term Loans shall bear interest at the Adjusted LIBOR Rate for the Interest Period in effect for such Borrowing; 

(iii) each Base Rate Borrowing of Revolving Loans that are denominated in Dollars or Canadian Dollars shall bear interest at
the Adjusted Base Rate; and 
 (iv) each Adjusted LIBOR Rate Borrowing of Revolving Loans that are denominated in Dollars or
any Alternate Currency shall bear interest at the Adjusted LIBOR Rate for the Interest Period in effect for such Borrowing; and 

(v) each Borrowing of Swingline Loans shall bear interest at the Adjusted Base Rate. 

(b) Upon the occurrence and during the continuance of an Event of Default pursuant to Section 9.01(a) (solely with respect to payments of
principal, interest or fees due under this Agreement), (f) or (g), the principal amount of all Loans outstanding and, to the extent permitted by applicable law, any interest payments on the Loans or any fees hereunder, upon the written request
of the Administrative Agent to the Borrower, shall bear interest at a rate per annum equal to (i) in the case of overdue principal or interest of any Loan, 2.00% plus the interest rate applicable from time to time thereafter to such Loans
(whether the Adjusted Base Rate or the Adjusted LIBOR Rate), or (ii) in the case of fees, 2.00% plus the rate then applicable to Loans bearing interest at the Adjusted Base Rate. To the greatest extent permitted by law, interest shall continue
to accrue after the filing by or against the Borrower of any petition seeking any relief under any Debtor Relief Law. 
 (c) Accrued (and
theretofore unpaid) interest shall be payable as follows: 
 (i) in respect of each Base Rate Loan (including any Base Rate
Loan or portion thereof paid or prepaid pursuant to the provisions of Section 2.06, except as provided herein below), in arrears on the last Business Day of each fiscal quarter, beginning with the first such day to occur after the Closing Date;
provided that, in the event the Loans are repaid or prepaid in full and the Commitments have been terminated, then accrued interest in respect of all Base Rate Loans shall be payable together with such repayment or prepayment on the date
thereof; 

  
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 (ii) in respect of each LIBOR Loan (including any LIBOR Loan or portion thereof
paid or prepaid pursuant to the provisions of Section 2.06, except as provided herein below), in arrears (y) on the last Business Day of the Interest Period applicable thereto and (z) in addition, in the case of a LIBOR Loan with an
Interest Period having a duration of more than three months, each three month anniversary of the first day of such Interest Period (or, if any such day is not a Business Day, the next succeeding Business Day); provided that, in the event any
LIBOR Loans are repaid or prepaid, the accrued interest in respect of such LIBOR Loans shall be payable together with such repayment or prepayment on the date thereof; 

(iii) interest accrued pursuant to paragraph (b) of this Section 2.08 shall be payable on demand by the
Administrative Agent or the Administrative Agent acting at the direction of the Required Lenders; and 
 (iv) in respect of
any Loan, at maturity (whether pursuant to acceleration or otherwise). 
 (d) Nothing contained in this Agreement or in any other
Credit Document shall be deemed to establish or require the payment of interest, including in the case of default interest, to any Lender at a rate in excess of the maximum rate permitted by applicable law. If the amount of interest payable for the
account of any Lender on any interest payment date would exceed the maximum amount permitted by applicable law to be charged by such Lender, the amount of interest payable for its account on such interest payment date shall be automatically reduced
to such maximum permissible amount. In the event of any such reduction affecting any Lender, if from time to time thereafter the amount of interest payable for the account of such Lender on any interest payment date would be less than the maximum
amount permitted by applicable law to be charged by such Lender, then the amount of interest payable for its account on such subsequent interest payment date shall be automatically increased to such maximum permissible amount, provided that
at no time shall the aggregate amount by which interest paid for the account of any Lender has been increased pursuant to this sentence exceed the aggregate amount by which interest paid for its account has theretofore been reduced pursuant to the
previous sentence. 
 (e) The Administrative Agent shall promptly notify the Borrower and the Lenders upon determining the
interest rate for each Borrowing of LIBOR Loans after its receipt of the relevant Notice of Borrowing or Notice of Conversion/Continuation; provided, however, that the failure of the Administrative Agent to provide the Borrower or the
Lenders with any such notice shall neither affect any obligations of the Borrower or the Lenders hereunder nor result in any liability on the part of the Administrative Agent to the Borrower or any Lender. Each such determination (including each
determination of the Reserve Requirement) shall, absent manifest error, be conclusive and binding on all parties hereto. 

  
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 Section 2.09. Fees. The Borrower agrees to pay: 

(a) To the Arrangers, for their own respective accounts, on the Closing Date, the fees described in Section 1 of the Engagement Letter, in
the amounts set forth therein as due and payable on such date and to the extent not theretofore paid to it. 
 (b) To the Administrative
Agent, for the account of each Revolving Lender (other than a Defaulting Lender), a commitment fee for each fiscal quarter (or portion thereof) for the period from the Closing Date to the date on which such Lender’s Revolving Credit Commitment
of such Class terminates, equal to the Commitment Fee Rate applicable to the Revolving Credit Commitment of such Class, on such Revolving Lender’s Applicable Percentage times the average daily aggregate Unutilized Revolving Credit Commitments,
payable in arrears (i) on the last Business Day of each fiscal quarter, beginning with the first such day to occur after the Closing Date, and (ii) on the date on which the Revolving Credit Commitments of the applicable Class terminate.

 (c) To the Administrative Agent, for the account of each Lender with a Revolving Credit Commitment, a letter of credit fee for each
fiscal quarter (or portion thereof) in respect of all Letters of Credit outstanding during such quarter, at a per annum rate equal to the Applicable Margin Percentage in effect from time to time during such quarter for Revolving Loans that are
maintained as LIBOR Loans, on such Lender’s Applicable Percentage of the daily average aggregate Stated Amount of such Letters of Credit, payable in arrears (i) on the last Business Day of each fiscal quarter, beginning with the first such
day to occur after the Closing Date, and (ii) on the later of the date on which such Revolving Lender’s Revolving Credit Commitment of such Class terminates and the date of termination of the last outstanding Letter of Credit. 

(d) To each Issuing Lender, for its own account, a fronting fee, in respect of each Letter of Credit issued by such Issuing Lender, for each
fiscal quarter (or portion thereof) in respect of all such Letters of Credit outstanding during such quarter, at a per annum rate agreed by such Issuing Lender and the Borrower (but in any event not to exceed 0.20% per annum), on the daily
average aggregate Stated Amount of such Letters of Credit, payable in arrears (i) on the last Business Day of each fiscal quarter, beginning with the first such day to occur after the Closing Date, and (ii) on the later of the date on
which such Revolving Lender’s Revolving Credit Commitment of such Class terminates and the date of termination of the last outstanding of such Letters of Credit. 

(e) To each Issuing Lender, for its own account, such reasonable commissions, issuance fees, transfer fees and other fees and charges incurred
in connection with the issuance and administration of each Letter of Credit as are customarily charged from time to time by such Issuing Lender for the performance of such services in connection with similar letters of credit, but without
duplication of amounts payable under subsection (d) above. 
 (f) To the Administrative Agent, for its own account, the annual
administrative fee described in the Agency Fee Letter, on the terms, in the amount and at the times set forth therein. 

  
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 Section 2.10. Interest Periods. Concurrently with the giving of a Notice of
Borrowing or Notice of Conversion/Continuation in respect of any Borrowing of LIBOR Loans, any conversion of Base Rate Loans, LIBOR Loans, or any continuation of LIBOR Loans as LIBOR Loans, the Borrower shall have the right to elect, pursuant
to such notice, the interest period (each, an “Interest Period”) to be applicable to such LIBOR Loans, which Interest Period shall, at the option of the Borrower, be a one, two, three or six-month period (or if available to all
relevant Lenders, 12 months or less than one month period (as selected by the Borrower)); provided, however, that: 

(i) all LIBOR Loans comprising a single Borrowing shall at all times have the same Interest Period; 

(ii) the initial Interest Period for any LIBOR Loan shall commence on the date of the Borrowing of such LIBOR Loan (including
the date of any continuation of, or conversion into, such LIBOR Loan), and each successive Interest Period applicable to such LIBOR Loan shall commence on the day on which the next preceding Interest Period applicable thereto expires; 

(iii) LIBOR Loans may not be outstanding under more than 10 separate Interest Periods at any one time (for which purpose
Interest Periods shall be deemed to be separate even if they are coterminous); 
 (iv) if any Interest Period otherwise would
expire on a day that is not a Business Day, such Interest Period shall expire on the next succeeding Business Day unless such next succeeding Business Day falls in another calendar month, in which case such Interest Period shall expire on the next
preceding Business Day; 
 (v) no Borrower may select any Interest Period that expires after (1) the applicable Maturity
Date (with respect to LIBOR Loans that are Term Loans) or (2) the applicable Maturity Date (with respect to LIBOR Loans that are Revolving Loans); and 

(vi) if any Interest Period begins on a day for which there is no numerically corresponding day in the calendar month during
which such Interest Period would otherwise expire, such Interest Period shall expire on the last Business Day of such calendar month. 

Section 2.11. Conversions and Continuations. (a) The Borrower shall have the right, on any Business Day occurring on
or after the Closing Date, to elect (i) to convert all or a portion of the outstanding principal amount of any Base Rate Loans of any Class into LIBOR Loans of the same Class, or to convert any LIBOR Loans of any Class the Interest Periods for
which end on the same day into Base Rate Loans of the same Class, or (ii) upon the expiration of any Interest Period, to continue all or a portion of the outstanding principal amount of any LIBOR Loans of any Class, the Interest Periods for
which end on the same day, for an additional Interest Period, provided that (w) any such conversion of LIBOR Loans into Base Rate Loans shall involve an aggregate principal amount of not less than $500,000 (or, in the case of any Base
Rate Loan denominated in any Alternate Currency, the equivalent of $500,000 denominated in such Alternate Currency) or, if greater, an integral multiple of $500,000 (or, in the case of any Base Rate Loan denominated in any Alternate Currency, the
equivalent of $500,000 denominated in such Alternate Currency) in excess thereof; any such conversion of Base Rate Loans into, or  

  
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continuation of, LIBOR Loans shall involve an aggregate principal amount of not less than $1,000,000 (or, in the case of any LIBOR Loan denominated in any Alternate Currency, the equivalent of
$1,000,000 denominated in such Alternate Currency) or, if greater, an integral multiple of $500,000 (or, in the case of any LIBOR Loan denominated in any Alternate Currency, the equivalent of $500,000 denominated in such Alternate Currency) in
excess thereof; and no partial conversion of LIBOR Loans made pursuant to a single Borrowing shall reduce the outstanding principal amount of such LIBOR Loans to less than $1,000,000 (or, in the case of any LIBOR Loan denominated in any Alternate
Currency, the equivalent of $1,000,000 denominated in such Alternate Currency) or to any greater amount not an integral multiple of $500,000 (or, in the case of any LIBOR Loan denominated in any Alternate Currency, the equivalent of $500,000
denominated in such Alternate Currency) in excess thereof, (x) except as otherwise provided in Section 2.16(d), LIBOR Loans may be converted into Base Rate Loans only on the last day of the Interest Period applicable thereto, (y) no
such conversion or continuation shall be permitted with regard to any Base Rate Loans that are Swingline Loans and (z) no conversion of Base Rate Loans into LIBOR Loans or continuation of LIBOR Loans shall be permitted during the continuance of
an Event of Default. 
 (b) The Borrower shall make each such election by giving the Administrative Agent written notice not later
than 12:00 p.m., three Business Days prior to the intended effective date of any such conversion or continuation (or in the case of a conversion of any Loan into a Base Rate Loan, on the date of such conversion). Each such notice (each, a
“Notice of Conversion/Continuation”) shall be irrevocable, shall be given in the form of Exhibit B-3 and shall specify (x) the date of such conversion or continuation (which shall be a Business Day), (y) in the case of a
conversion into, or a continuation of, LIBOR Loans, the Interest Period to be applicable thereto, and (z) the currency and aggregate principal amount, Class and Type of the Loans being converted or continued. Upon the receipt of a Notice of
Conversion/Continuation, the Administrative Agent will promptly notify each Lender having a Commitment for Loans (or outstanding Loans) of the relevant Class of the proposed conversion or continuation. In the event that the Borrower shall fail to
deliver a Notice of Conversion/Continuation as provided herein with respect to any outstanding LIBOR Loans, such LIBOR Loans shall be continued at the end of its Interest Period as a LIBOR Loan with an Interest Period of one month. In the event the
Borrower shall have failed to select in a Notice of Conversion/Continuation the duration of the Interest Period to be applicable to any conversion into, or continuation of, LIBOR Loans, then the Borrower shall be deemed to have selected an Interest
Period with a duration of three months. 
 Section 2.12. Method of Payments; Computations. (a) All payments
by the Borrower hereunder shall be made without setoff, counterclaim or other defense and in immediately available funds to the Administrative Agent, for the account of the Lenders entitled to such payment or the Swingline Lender, as the case may be
(except as otherwise expressly provided herein as to payments required to be made directly to the Issuing Lender and the Lenders), (i) in the case of payments of principal and interest with respect to any Loan, in the currency in which such
Loan is denominated, and in the case of payments of fees, expenses and any other amounts due hereunder or under any other Credit Document, in Dollars, in each case to the Administrative Agent at its office referred to in Section 12.05, prior to
1:00 p.m. on the date payment is due. Any payment made as required hereinabove, but after 1:00 p.m. shall be deemed to have been made on the next succeeding Business Day. If any payment falls due on a day that 

  
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is not a Business Day, then such due date shall be extended to the next succeeding Business Day (except that in the case of LIBOR Loans to which the provisions of clause (iv) in
Section 2.10 are applicable, such due date shall be the next preceding Business Day), and such extension of time shall then be included in the computation of payment of interest, fees or other applicable amounts. 

(b) The Administrative Agent will distribute to the Lenders like amounts relating to payments made to the Administrative Agent for the account
of the Lenders as follows: (i) if the payment is received by 1:00 p.m. in immediately available funds, the Administrative Agent will make available to each relevant Lender on the same date, by wire transfer of immediately available funds, such
Lender’s ratable share of such payment (based on the percentage that the amount of the relevant payment owing to such Lender bears to the total amount of such payment owing to all of the relevant Lenders), and (ii) if such payment is
received after 1:00 p.m. or in other than immediately available funds, the Administrative Agent will make available to each such Lender its ratable share of such payment by wire transfer of immediately available funds on the next succeeding Business
Day (or in the case of uncollected funds, as soon as practicable after collected). If the Administrative Agent shall not have made a required distribution to the appropriate Lenders as required hereinabove after receiving a payment for the account
of such Lenders, the Administrative Agent will pay to each such Lender, on demand, its ratable share of such payment with interest thereon for each day from the date such amount was required to be disbursed by the Administrative Agent until the date
repaid to such Lender at the Federal Funds Rate (or (A) in the case of a payment in respect of a Borrowing denominated in Canadian Dollars, the Canadian Prime Rate and (B) in the case of a payment in respect of a Borrowing denominated in
any Alternate Currency other than Canadian Dollars, the Administrative Agent’s customary rate for interbank advances in the Alternate Currency in which such Borrowing is denominated). The Administrative Agent will distribute to the Issuing
Lender like amounts relating to payments made to the Administrative Agent for the account of the Issuing Lender in the same manner, and subject to the same terms and conditions, as set forth hereinabove with respect to distributions of amounts to
the Lenders. 
 (c) Unless the Administrative Agent shall have received written notice from the Borrower prior to the date on which any
payment is due to any Lender hereunder that such payment will not be made in full, the Administrative Agent may assume that the Borrower has made such payment in full to the Administrative Agent on such date, and the Administrative Agent may, in
reliance on such assumption, but shall not be obligated to, cause to be distributed to such Lender on such due date an amount equal to the amount then due to such Lender. If and to the extent the Borrower shall not have so made such payment in full
to the Administrative Agent, and without limiting the obligation of the Borrower to make such payment in accordance with the terms hereof, such Lender shall repay to the Administrative Agent forthwith on demand such amount so distributed to such
Lender, together with interest thereon for each day from the date such amount is so distributed to such Lender until the date repaid to the Administrative Agent at the Federal Funds Rate (or (A) in the case of a payment in respect of a
Borrowing denominated in Canadian Dollars, the Canadian Prime Rate and (B) in the case of a payment in respect of a Borrowing denominated in any Alternate Currency other than Canadian Dollars, the Administrative Agent’s customary rate for
interbank advances in the Alternate Currency in which such Borrowing is denominated) for the first Business Day and thereafter at the rate applicable to Base Rate Loans under the applicable Class of Loan. 

  
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 (d) All computations of interest and fees hereunder (including computations of the Reserve
Requirement) shall be made on the basis of a year consisting of (i) in the case of interest on Base Rate Loans or Swingline Loans, 365/366 days, as the case may be, or (ii) in all other instances, 360 days; and in each case under
(i) and (ii) above, with regard to the actual number of days (including the first day, but excluding the last day) elapsed. 

Section 2.13. Recovery of Payments. (a) The Borrower agrees that to the extent the Borrower makes a payment or
payments to or for the account of the Administrative Agent, any Lender or the Issuing Lender, which payment or payments or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid
to a trustee, receiver or any other party under any Debtor Relief Law, common law or equitable cause, then, to the extent of such payment or repayment, the Obligation intended to be satisfied shall be revived and continued in full force and effect
as if such payment had not been received. 
 (b) If any amounts distributed by the Administrative Agent to any Lender are
subsequently returned or repaid by the Administrative Agent to the Borrower or its representative or successor in interest, whether by court order or by settlement approved by the Lender in question, such Lender will, promptly upon receipt of notice
thereof from the Administrative Agent, pay the Administrative Agent such amount. If any such amounts are recovered by the Administrative Agent from the Borrower or its representative or successor in interest, the Administrative Agent will
redistribute such amounts to the Lenders on the same basis as such amounts were originally distributed. 
 Section 2.14.
[Reserved]. 
 Section 2.15. Pro Rata Treatment. (a) Except in the case of Swingline Loans, all fundings,
continuations and conversions of Loans of any Class shall be made by the Lenders pro rata on the basis of their respective Commitments to provide Loans of such Class (in the case of the initial funding of Loans of such Class pursuant to
Section 2.02) or on the basis of their respective outstanding Loans of such Class (in the case of continuations and conversions of Loans of such Class pursuant to Section 2.11, and additionally in all cases in the event the Commitments
have expired or have been terminated), as the case may be from time to time. Except as otherwise provided herein, all payments on account of principal of or interest on any Loans, fees or any other Obligations owing to or for the account of any one
or more Lenders shall be apportioned ratably among such Lenders in proportion to the amounts of such principal, interest, fees or other Obligations owed to them respectively. 

(b) Each Lender agrees that if it shall receive any amount hereunder (whether by voluntary payment, realization upon security, exercise
of the right of setoff or banker’s lien, counterclaim or cross action, or otherwise) applicable to the payment of any of the Obligations that exceeds its ratable share (according to the proportion of (i) the amount of such Obligations due
and payable to such Lender at such time to (ii) the aggregate amount of such Obligations due and payable to all Lenders at such time) of payments on account of such Obligations then or therewith obtained by all the Lenders to which such
payments are required to have been made, such Lender shall forthwith purchase from the other Lenders such participations in such Obligations as shall be necessary to cause such purchasing Lender to share the excess payment or other recovery ratably
with each of them; provided, however, that if all or any portion of such  

  
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excess payment is thereafter recovered from such purchasing Lender, such purchase from each such other Lender shall be rescinded and each such other Lender shall repay to the purchasing Lender
the purchase price to the extent of such recovery, together with an amount equal to such other Lender’s ratable share (according to the proportion of (i) the amount of such other Lender’s required repayment to (ii) the total
amount so recovered from the purchasing Lender) of any interest or other amount paid or payable by the purchasing Lender in respect of the total amount so recovered. The Borrower agrees that any Lender so purchasing a participation from another
Lender pursuant to the provisions of this subsection may, to the fullest extent permitted by law, exercise any and all rights of payment (including, without limitation, setoff, banker’s lien or counterclaim) with respect to such participation
as fully as if such participant were a direct creditor of the Borrower in the amount of such participation. If under any applicable Debtor Relief Law, any Lender receives a secured claim in lieu of a setoff to which this subsection applies, such
Lender shall, to the extent practicable, exercise its rights in respect of such secured claim in a manner consistent with the rights of the Lenders entitled under this subsection to share in the benefits of any recovery on such secured claim. 

(c) The provisions of this Section 2.15 shall not be construed to apply to (i) any payment, prepayment, purchase, assignment or
distribution made by the Borrower pursuant to and in accordance with the terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender) or (ii) any payment obtained by any Lender as consideration
for the assignment or sale of a participation in any of its Loans or other Obligations owed to it, including any payment made or deemed made in connection with Sections 2.22, 2.23 and 12.06(c) through (h). 

Section 2.16. Increased Costs; Change in Circumstances; Illegality; Etc. (a) If the introduction of or any change in
any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof, in each case after the Closing Date, or compliance by any Lender with
any guideline or request from any such Governmental Authority (whether or not having the force of law but which such Lender customarily complies with) given or made after the Closing Date, shall 

(i) impose, modify or deem applicable any reserve, special deposit or similar requirement (but excluding any reserves to the
extent actually included within the Reserve Requirement in the calculation of any LIBOR Rate) against assets of, deposits with or for the account of, or credit extended by, such Lender or its applicable Lending Office; or 

(ii) subject any Recipient to any Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses
(b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital
attributable thereto; or 
 (iii) impose on such Lender or its applicable Lending Office any other condition (other than
Taxes) affecting this Agreement or LIBOR Loans made by such Lender or any Letter of Credit or participation therein; 

  
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 and the result of any of the foregoing shall be to increase the cost to such Lender of making or
maintaining any Loans or issuing or participating in Letters of Credit or to reduce the amount of any sum received or receivable by such Lender hereunder (including in respect of Letters of Credit), in an amount deemed by such Lender to be material,
then the Borrower will, within 30 days after the Borrower’s receipt of the certificate contemplated by Section 2.21(a), pay to such Lender such additional amounts as shall compensate such Lender for such increase in costs or reduction in
return; provided that the Borrower shall not be liable for such compensation if the relevant introduction, change or compliance occurs on a date prior to the date such Lender becomes a party hereto; provided, further, that the Borrower
shall only be liable for such compensation in the case of requests for reimbursement under clause (iii) above, if the relevant introduction, change or compliance results from a market disruption and (A) the relevant circumstances are
generally affecting the banking market or (B) the applicable request has been made by the Required Lenders. 
 (b) If any Lender
shall have reasonably determined that the introduction of or any change in any applicable law, rule or regulation regarding capital adequacy or liquidity or in the interpretation or administration thereof by any Governmental Authority charged with
the interpretation or administration thereof, in each case after the Closing Date, or compliance by such Lender with any guideline or request from any such Governmental Authority (whether or not having the force of law) given or made after the
Closing Date, has or would have the effect, as a consequence of such Lender’s Commitment, Loans or issuance of or participations in Letters of Credit hereunder, of reducing the rate of return on the capital of such Lender or any Person
controlling such Lender to a level below that which such Lender or controlling Person could have achieved but for such introduction, change or compliance (taking into account such Lender’s or controlling Person’s policies with respect to
capital adequacy or liquidity), the Borrower will, within 30 days after the Borrower’s receipt of the certificate contemplated by Section 2.21(a), pay to such Lender such additional amounts as will compensate such Lender or controlling
Person for such reduction in return. 
 (c) If, on or prior to the first day of any Interest Period, (x) the Administrative
Agent or the Required Lenders shall have determined that by reason of circumstances affecting interbank markets generally, deposits in Eurodollars in the applicable amounts in the applicable currency are not being quoted or offered to the
Administrative Agent or the Lenders for such Interest Period, (y) the Administrative Agent shall have determined that adequate and reasonable means do not exist for ascertaining the applicable LIBOR Rate for such Interest Period, or
(z) the Administrative Agent shall have received written notice from the Required Lenders of their determination that the rate of interest referred to in the definition of “LIBOR Rate” upon the basis of which the applicable
LIBOR Rate for the applicable currency for such Interest Period is to be determined will not adequately and fairly reflect the cost to such Lenders of making or maintaining the relevant Type of LIBOR Loans during such Interest Period, the
Administrative Agent will forthwith so notify the Borrower and the Lenders. Upon such notice, (i) all then outstanding LIBOR Loans of each Interest Period type specified in such notice (each, a “Relevant Type”) shall
automatically, on the expiration date of the respective Interest Periods applicable thereto, be converted into Base Rate Loans (or, in the case of any Borrowing denominated in any Alternate Currency other than Canadian Dollars, the Borrower and the
Revolving Lenders shall establish a mutually acceptable alternative rate) or prepaid in full and (ii) the obligation of the Lenders to make, to convert Loans into, or to continue, LIBOR Loans of 

  
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each Relevant Type shall be suspended (including pursuant to the Borrowing to which such Interest Period applies), in each case until the Administrative Agent or the Required Lenders, as the case
may be, shall have determined that the circumstances giving rise to such suspension no longer exist, and upon such determination the Required Lenders (if making such determination) shall so notify the Administrative Agent, and the Administrative
Agent shall so notify the Borrower and the Lenders. 
 (d) Notwithstanding any other provision in this Agreement, if, at any time after the
Closing Date and from time to time, any Lender shall have determined in good faith that the introduction of or any change in any applicable law, rule or regulation or in the interpretation or administration thereof by any Governmental Authority
charged with the interpretation or administration thereof, or compliance with any guideline or request from any such Governmental Authority (whether or not having the force of law), has or would have the effect of making it unlawful for such Lender
to make or to continue to make or maintain LIBOR Loans, such Lender will forthwith so notify the Administrative Agent and the Borrower. Upon receipt of such notice, (i) each of such Lender’s then outstanding LIBOR Loans of each Relevant
Type shall automatically, on the expiration date of the respective Interest Period applicable thereto (or, to the extent any such LIBOR Loan may not lawfully be maintained as a LIBOR Loan until such expiration date, upon such notice), be converted
into a Base Rate Loan (or, in the case of any Borrowing denominated in any Alternate Currency other than Canadian Dollars, the Borrower and the Revolving Lenders shall establish a mutually acceptable alternative rate), (ii) the obligation of
such Lender to make, to convert Base Rate Loans into, or to continue, LIBOR Loans of each Relevant Type shall be suspended (including pursuant to any Borrowing for which the Administrative Agent has received a Notice of Borrowing but for which the
Borrowing Date has not arrived), and (iii) any Notice of Borrowing or Notice of Conversion/Continuation given at any time thereafter with respect to LIBOR Loans of each Relevant Type shall, as to such Lender, be deemed to be a request for a
Base Rate Loan (or, in the case of a pending request for a Borrowing denominated in any Alternate Currency other than Canadian Dollars, the Borrower and the Revolving Lenders shall establish a mutually acceptable alternative rate), in each case
until such Lender shall have determined that the circumstances giving rise to such suspension no longer exist and shall have so notified the Administrative Agent, and the Administrative Agent shall have so notified the Borrower. Each Lender agrees
to designate a different Lending Office if such designation will avoid the need for such notice and will not, in the good faith determination of such lender; otherwise be materially disadvantageous to such Lender. 

(e) Determinations by the Administrative Agent or any Lender for purposes of this Section of any increased costs, reduction in
return, market contingencies, illegality, additional interest or any other matter shall, absent manifest error, be conclusive, provided that such determinations are made in good faith. Except as provided in Section 2.21(c), no failure by
the Administrative Agent or any Lender at any time to demand payment of any amounts payable under this Section shall constitute a waiver of its right to demand payment of any additional amounts arising at any subsequent time. Nothing in this Section
shall require or be construed to require the Borrower to pay any interest, fees, costs or other amounts in excess of that permitted by applicable law. 

  
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 For the avoidance of doubt, (i) subsections (a) through (e) of this
Section 2.16 shall apply to all requests, rules, guidelines or directives concerning liquidity and capital adequacy issued by any United States (or, in the case of clause (y), foreign) regulatory authority (x) under or in connection with
the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act and (y) in connection with the implementation of the recommendations of the Bank for International Settlements or the Basel Committee on Banking Regulations and
Supervisory Practices (or any successor or similar authority), regardless of the date adopted, issued, promulgated or implemented, and (ii) this Section 2.16 shall not apply to Taxes imposed in respect of any payments of principal,
interest, fees or any other amount payable hereunder, which, for the avoidance of doubt, shall be governed exclusively by Section 2.17. 

Section 2.17. Taxes. 

(a) Defined Terms. For purposes of this Section 2.17, the term “Lender” includes any Issuing Lender. 

(b) Payments Free of Taxes. Any and all payments by or on account of any obligation of any Credit Party under any Credit
Document shall be made without deduction or withholding for any Taxes, except as required by applicable law. If any applicable law (as determined in the good faith discretion of an applicable withholding agent) requires the deduction or withholding
of any Tax from any such payment by a withholding agent, then the applicable withholding agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority
in accordance with applicable law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Credit Party shall be increased as necessary so that after such deduction or withholding has been made (including such deductions and
withholdings applicable to additional sums payable under this Section) the applicable Recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. 

(c) Payment of Other Taxes by the Borrower. The Credit Parties shall timely pay to the relevant Governmental Authority in
accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes. 

(d) Indemnification by the Borrower. The Credit Parties shall jointly and severally indemnify each Recipient, within 20 days
after written demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section) payable or paid by such Recipient or required to be withheld or
deducted from a payment to such Recipient and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A
certificate as to the amount of such payment or liability (together with a reasonable explanation thereof) delivered to the Borrower by a Recipient (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on
behalf of a Recipient, shall be conclusive absent manifest error. 
 (e) Indemnification by the Lenders. Each Lender
shall severally indemnify the Administrative Agent, within 10 days after demand therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that the any Credit Party has not already indemnified the Administrative
Agent for such Indemnified Taxes and without limiting the obligation of the Credit Parties to do so), (ii) any Taxes attributable to such Lender’s failure to  

  
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comply with the provisions of Section 12.07(h) relating to the maintenance of a Participant Register and (iii) any Excluded Taxes attributable to such Lender, in each case, that are
payable or paid by the Administrative Agent in connection with any Credit Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or asserted by the relevant
Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and
apply any and all amounts at any time owing to such Lender under any Credit Document or otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent under this paragraph (e).

 (f) Evidence of Payments. As soon as practicable after any payment of Taxes by any Credit Party to a Governmental Authority
pursuant to this Section 2.17, such Credit Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment
or other evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (g) Status of Lenders.
(i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Credit Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested
by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of
withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent as
will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the
completion, execution and submission of such documentation (other than such documentation set forth in Section 2.17(g)(ii)(A), (B) and (D) below) shall not be required if in the Lender’s reasonable judgment such completion,
execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender. 

(ii) Without limiting the generality of the foregoing, 

(A) any Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent (in such number of copies as
shall be requested by the recipient) on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed copies of
IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding tax; 

  
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 (B) any Foreign Lender shall, to the extent it is legally entitled to do so,
deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon
the reasonable request of the Borrower or the Administrative Agent), whichever of the following is applicable: 
 (i) in the case of a
Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Credit Document, executed copies of IRS Form W-8BEN or W-8BEN-E (or any successor form)
establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable payments under any Credit Document, IRS Form W-8BEN or
W-8BEN-E (or any successor form) establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty; 

(ii) executed copies of IRS Form W-8ECI or W-8EXP (or any successor form); 

(iii) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of the Code,
(x) a certificate substantially in the form of Exhibit H-1 to the effect that such Foreign Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10-percent shareholder” of the Borrower within
the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”) and (y) executed copies of IRS Form
W-8BEN or W-8BEN-E (or any successor form); or 
 (iv) to the extent a Foreign Lender is not the beneficial owner, executed copies of IRS
Form W-8IMY (or any successor form), accompanied by IRS Form W-8ECI, W-8EXP, W-8BEN or W-8BEN-E (or any successor form), a U.S. Tax Compliance Certificate substantially in the form of Exhibit H-2 or Exhibit H-3, IRS Form W-9 (or any successor form),
and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest
exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit H-4 on behalf of each such direct and indirect partner; 

(C) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative
Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the
Administrative Agent), executed copies of any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be
prescribed by applicable law to permit the Borrower or the Administrative Agent to determine the withholding or deduction required to be made; and 

  
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 (D) if a payment made to a Lender under any Credit Document would be subject to
U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall
deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law (including as
prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their
obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA”
shall include any amendments made to FATCA after the date of this Agreement. 
 Each Lender agrees that if it becomes aware any form or
certification it previously delivered has expired or become obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so.

 (h) Treatment of Certain Refunds. If any party determines, in its sole discretion exercised in good faith, that it has
received a refund of any Taxes as to which it has been indemnified pursuant to this Section 2.17 (including by the payment of additional amounts pursuant to this Section 2.17), it shall pay to the indemnifying party an amount equal to such
refund (but only to the extent of indemnity payments made under this Section with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party (incurred in connection with such
refund) and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount
paid over pursuant to this paragraph (h) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority.
Notwithstanding anything to the contrary in this paragraph (h), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (h) the payment of which would place the indemnified party
in a less favorable net after-Tax position than the indemnified party would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or
additional amounts with respect to such Tax had never been paid. This paragraph shall not be construed to require any indemnified party to make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to
the indemnifying party or any other Person. 

  
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 (i) Survival. Each party’s obligations under this Section 2.17 shall
survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all obligations under any Credit
Document. 
 Section 2.18. Compensation. The Borrower will compensate each Lender for the actual amount of any
actual losses, expenses and liabilities (including, without limitation, any loss, expense or liability incurred by reason of the liquidation or reemployment of deposits or other funds required by such Lender to fund or maintain LIBOR Loans but
excluding loss of anticipated profit) that such Lender may incur or sustain (a) if for any reason (other than a default by such Lender) a Borrowing or continuation of, or conversion into, a LIBOR Loan by or to the Borrower does not occur on a
date specified therefor in a Notice of Borrowing or Notice of Conversion/Continuation, (b) if any repayment, prepayment or conversion of any LIBOR Loan by the Borrower occurs on a date other than the last day of an Interest Period applicable
thereto (including as a consequence of acceleration of the maturity of the Loans pursuant to Section 9.02), (c) if any prepayment of any LIBOR Loan by the Borrower is not made on any date specified in a notice of prepayment given by the
Borrower or (d) as a consequence of any other failure by the Borrower to make any payments with respect to any LIBOR Loan when due hereunder. The Borrower will, within 30 days after the Borrower’s receipt of the certificate contemplated by
Section 2.21(a), pay such Lender such additional amounts as will compensate such Lender for such losses, expenses or liabilities. 

Section 2.19. Defaulting Lenders. 

(a) Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a
Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: 

(i) Defaulting Lender Waterfall. Any payment of principal, interest, fees or other amounts received by the
Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article 9 or otherwise) or received by the Administrative Agent from a Defaulting Lender pursuant to Section 9.03 shall be
applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder; second, to the payment on a pro rata
basis of any amounts owing by such Defaulting Lender to the Issuing Lender or the Swingline Lender hereunder; third, to Cash Collateralize Issuing Lender’s Fronting Exposure with respect to such Defaulting Lender in accordance with
Section 2.19(d); fourth, as the Borrower may request (so long as no Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as
determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and the Borrower, to be held in a deposit account and released pro rata in order to (x) satisfy such Defaulting Lender’s potential future
funding obligations with respect to Loans under this Agreement and (y) Cash Collateralize the Issuing Lender’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of Credit issued under this
Agreement, in accordance with Section 2.19(d); sixth, to the payment of any amounts owing to the  

  
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Lenders, the Issuing Lender or the Swingline Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, the Issuing Lender or the Swingline Lender against
such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Event of Default exists, to the payment of any amounts owing to the Borrower as a result of any
judgment of a court of competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to such Defaulting Lender or as
otherwise directed by a court of competent jurisdiction; provided that if (x) such payment is a payment of the principal amount of any Loans or Reimbursement Obligations with respect to Letters of Credit in respect of which such
Defaulting Lender has not fully funded its appropriate share, and (y) such Loans were made or the related Letters of Credit were issued at a time when the conditions set forth in Section 4.02 were satisfied and waived, such payment shall
be applied solely to pay the Loans of, and Reimbursement Obligations with respect to Letters of Credit owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or Reimbursement Obligations with
respect to Letters of Credit owed to, such Defaulting Lender until such time as all Loans and funded and unfunded participations in Letters of Credit and Swingline Loans are held by the Lenders pro rata in accordance with the applicable Commitments
without giving effect to Section 2.19(a)(iii). Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this
Section 2.19(a)(i) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 

(ii) Certain Fees. 

(A) No Defaulting Lender shall be entitled to receive any fee pursuant to Section 2.09(b) for any period during which that
Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender). 

(B) No Defaulting Lender shall be entitled to receive fees pursuant to Section 2.09(c) for any period during which that
Lender is a Defaulting Lender except to the extent allocable to its Applicable Percentage of the Stated Amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.19(d). With respect to any fees not required to
be paid to any Defaulting Lender pursuant to the foregoing sentence, the Borrower shall (x) pay to each Non-Defaulting Lender that portion of any such fee otherwise payable to such Defaulting Lender with respect to such Defaulting Lender’s
participation in Letters of Credit that has been reallocated to such Non-Defaulting Lender pursuant to clause (iii) below, (y) pay to the Issuing Lender the amount of any such fee otherwise payable to such Defaulting Lender to the extent
allocable to the Issuing Lender’s Fronting Exposure to such Defaulting Lender, and (z) not be required to pay the remaining amount of any such fee. 

  
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 (iii) Reallocation of Participations to Reduce Fronting Exposure. All or
any part of such Defaulting Lender’s participation in Letters of Credit and Swingline Loans shall be automatically reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable Percentages (calculated without
regard to such Defaulting Lender’s Commitment) but only to the extent that (x) the conditions set forth in Section 4.02 are satisfied at the time of such reallocation (and, after and so long as the Administrative Agent has provided
written notice to the Borrower of such reallocation, unless the Borrower shall otherwise notify the Administrative Agent that such conditions are not satisfied at the time of such reallocation within three Business Days of receiving such notice, the
Borrower shall be deemed to have represented and warranted that such conditions are satisfied at such time), and (y) such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such
Non-Defaulting Lender’s Revolving Credit Commitment. No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender,
including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation. 

(iv) Cash Collateral. If the reallocation described in clause (iii) above cannot, or can only partially, be
effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, prepay Swingline Loans in an amount equal to the Swingline Lenders’ Fronting Exposure and
(y) second, Cash Collateralize the Issuing Lender’s Fronting Exposure in accordance with the procedures set forth in Section 2.19(d). 

(b) Defaulting Lender Cure. If the Borrower, the Administrative Agent, the Swingline Lender and the Issuing Lender agree in
writing that a Lender is no longer a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include
arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be
necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swingline Loans to be held pro rata by the Lenders in accordance with the applicable Commitments (without giving effect to Section 2.19(a)(iii)),
whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and
provided further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that
Lender having been a Defaulting Lender. 
 (c) New Swingline Loans/Letters of Credit. So long as any Lender is a Defaulting
Lender, (i) the Swingline Lender shall not be required to fund any Swingline Loans unless it is satisfied that the participations therein will be fully allocated among Non-Defaulting Lenders in a manner consistent with clause (a)(iii) above and
the Defaulting Lender shall not participate therein and (ii) Issuing Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that the participations in any existing Letters of Credit as well
as the new, extended, renewed or increased Letter of Credit has been or will be fully allocated among the Non-Defaulting Lenders in a manner consistent with clause (a)(iii) above and such Defaulting Lender shall not participate therein except to the
extent such Defaulting Lender’s participation has been or will be fully Cash Collateralized in accordance with Section 2.19(d). 

  
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 (d) Cash Collateral. At any time that there shall exist a Defaulting Lender, within
one Business Day following the written request of the Administrative Agent or the Issuing Lender (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Lender’s Fronting Exposure with respect to such
Defaulting Lender (determined after giving effect to Section 2.19(a)(iii) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount. 

(i) Grant of Security Interest. The Borrower, and to the extent provided by (or being held pursuant to
Section 2.19(a)(i) in lieu of distribution to) any Defaulting Lender, such Defaulting Lender, hereby grants to the Administrative Agent, for the benefit of the Issuing Lender, and agrees to maintain, a first priority security interest in all
such Cash Collateral as security for the Defaulting Lenders’ obligation to fund participations in respect of Letters of Credit, to be applied pursuant to clause (ii) below. If at any time the Administrative Agent determines that Cash
Collateral is subject to any right or claim of any Person other than the Administrative Agent and the Issuing Lender as herein provided, or that the total amount of such Cash Collateral is less than the Minimum Collateral Amount, the Borrower will,
promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency (after giving effect to any Cash Collateral provided by the Defaulting
Lender). 
 (ii) Application. Notwithstanding anything to the contrary contained in this Agreement,
Cash Collateral provided under this Section 2.19 in respect of Letters of Credit shall be applied to the satisfaction of the Defaulting Lender’s obligation to fund participations in respect of Letters of Credit (including, as to Cash
Collateral provided by a Defaulting Lender, any interest accrued on such obligation) for which the Cash Collateral was so provided, prior to any other application of such property as may otherwise be provided for herein. 

(iii) Termination of Requirement. Cash Collateral (or the appropriate portion thereof) provided to reduce the
Issuing Lender’s Fronting Exposure shall no longer be required to be held as Cash Collateral pursuant to this Section 2.19 following (A) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting
Lender status of the applicable Lender) or (B) the determination by the Administrative Agent and the Issuing Lender that there exists excess Cash Collateral; provided that, subject to the other provisions of this Section 2.19, the
Person providing Cash Collateral and the Issuing Lender may agree that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations; provided further that to the extent that such Cash Collateral was
provided by the Borrower, such Cash Collateral shall remain subject to the security interest granted pursuant to the Credit Documents. 

  
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 Section 2.20. Replacement of Lenders. 

The Borrower may, at any time, replace any Lender (a) that has requested compensation from the Borrower under Section 2.16 or
2.17, (b) the obligation of which to make or maintain LIBOR Loans has been suspended under Section 2.16(d), (c) that has refused to consent to any proposed amendment, modification, waiver or discharge or termination of, or consent to
any departure (each, a “Proposed Change”) by the Borrower from any provision of this Agreement that, pursuant to Section 12.06 (a)(i), requires the consent of such Lender and with respect to which Lenders constituting the
Required Lenders or Required Revolving Lenders, as applicable, have consented to the Proposed Change, or (d)(x) that shall become and continue to be a Defaulting Lender and (y) such Defaulting Lender shall fail to cure the default pursuant to
Section 2.19(b) within five Business Days after the Borrower’s request that it cure such default, by written notice to such Lender and the Administrative Agent and identifying one or more Persons each of which shall be an Eligible Assignee
(each, a “Replacement Lender” and collectively, the “Replacement Lenders”) to replace such Lender (the “Replaced Lender”); provided, however, that
(i) the notice from the Borrower to the Replaced Lender and the Administrative Agent provided for hereinabove shall specify an effective date for such replacement (the “Replacement Effective Date”), (ii) as of the relevant
Replacement Effective Date, each Replacement Lender shall enter into an Assignment and Acceptance or Affiliate Assignment Agreement with the Replaced Lender pursuant to Section 12.07 (but shall not be required to pay the processing fee
otherwise payable to the Administrative Agent pursuant to Section 12.07, which fee, for purposes hereunder, shall be waived), pursuant to which such Replacement Lenders collectively shall acquire, in such proportion among them as they may agree
with the Borrower and the Administrative Agent, all (but not less than all) of the Commitment and outstanding Loans of the Replaced Lender affected by the Proposed Change or other condition described above, and, in connection therewith, shall pay
(x) to the Replaced Lender, as the purchase price in respect thereof, an amount equal to the sum as of the Replacement Effective Date (without duplication) of (1) the unpaid principal amount of, and all accrued but unpaid interest on, all
outstanding Loans of the Replaced Lender affected by the Proposed Change or other condition described above (unless the Borrower agrees with such Replacement Lender to pay such accrued but unpaid interest directly to the Replaced Lender concurrently
with the effectiveness of such Assignment and Acceptance or Affiliate Assignment Agreement) and (2) the Replaced Lender’s ratable share of all accrued but unpaid fees owing to the Replaced Lender under Section 2.09(b), (y) to the
Administrative Agent, for its own account, any amounts owing to the Administrative Agent by the Replaced Lender under Section 2.03(b) and (z) to the Administrative Agent, for the account of the Swingline Lender, any amounts owing to the
Swingline Lender under Section 2.02(f), and (iii) all other obligations of the Borrower owing to the Replaced Lender (other than those specifically described in clause (ii) above in respect of which the assignment purchase price has
been, or is concurrently being, paid), including, without limitation, amounts payable under Sections 2.16 and Section 2.17 which give rise to the replacement of such Replaced Lender and amounts payable under Section 2.18 as a result
of the actions required to be taken under this Section 2.20, shall be paid in full by the Borrower to the Replaced Lender on or prior to the Replacement Effective Date. Each Lender agrees that if the Borrower exercises its option hereunder to
cause an assignment by such Lender as a Replaced Lender, such Lender shall, promptly after receipt of written notice of such election, execute and deliver all documentation necessary to effectuate such assignment in accordance with
Section 12.07. In the event that a Lender does not comply with the  

  
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requirements of the immediately preceding sentence within one Business Day after receipt of such notice, each Lender hereby authorizes and directs the Administrative Agent to execute and deliver
such documentation as may be required to give effect to an assignment in accordance with Section 12.07 on behalf of a Replaced Lender and any such documentation so executed by the Administrative Agent shall be effective for purposes of
documenting an assignment pursuant to Section 12.07. 
 Section 2.21. Mitigation; Etc. (a) Any Lender or
Issuing Lender claiming reimbursement, compensation or indemnity under Sections 2.16, 2.17 or 2.18, shall be required to deliver to the Borrower a certificate (i) setting forth in reasonable detail the amount payable to it necessary to
compensate such Lender or Issuing Lender or the holding company thereof, as applicable, (ii) setting forth in reasonable detail the manner in which such amount was determined and (iii) certifying that such Lender or Issuing Lender is
generally charging such amounts to similarly situated borrowers, which certificate shall be conclusive and binding on the Borrower in the absence of manifest error. 

(b) Any Recipient claiming any amounts pursuant to Section 2.16 or 2.17 shall use reasonable efforts (consistent with legal and
regulatory restrictions) to avoid any costs, reductions or Taxes in respect of which such amounts are claimed, including the filing of any certificate or document reasonably requested by the Borrower or the changing of the jurisdiction of its
Lending Office if such efforts would avoid the need for or reduce any such amounts that would thereafter accrue and would not, in the sole determination of such Recipient, as applicable, result in any additional costs, expenses or risks to such
Recipient or be otherwise materially disadvantageous to such Recipient. 
 (c) Failure or delay on the part of any Lender to demand
compensation or indemnification pursuant to Section 2.16 or Section 2.17 shall not constitute a waiver of such Lender’s right to demand such compensation or indemnification; provided that the Borrower shall not be required to
compensate or indemnify a Lender pursuant to Section 2.16 for any increased costs, reductions or any other amount incurred (or, in the case of Section 2.17, for any interest, penalties or additions to Tax incurred), more than 180 days
prior to the date that such Lender notifies the Borrower of the event giving rise to such claim and of such Lender’s intention to claim compensation therefor; provided further that, if the event giving rise to such claim is retroactive,
then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. 

Section 2.22. Incremental Loans. (a) At any time prior to (i) the Latest Term Loan Maturity Date, the
Borrower may add one or more additional tranches of incremental term facilities and/or increase the principal amount of the Term Loans of any existing Class by requesting new term loan commitments to provide such Term Loans (any such new tranche or
increase, an “Incremental Term Facility” and any loans made pursuant to an Incremental Term Facility, “Incremental Term Loans”) and/or (ii) the Latest Revolving Credit Maturity Date, the Borrower may add one or
more additional tranches of incremental revolving facilities and/or increase the aggregate amount of the Revolving Credit Commitments of any existing Class by requesting new revolving loan commitments to provide Revolving Loans (any such new tranche
or increase, an “Incremental Revolving Facility” and, together with any Incremental Term Facility, the “Incremental Facilities”; and the loans thereunder, “Incremental Revolving

  
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Loans” and any Incremental Revolving Loans, together with any Incremental Term Loans, “Incremental Loans”); provided that the Aggregate Incremental
Amount does not exceed the Incremental Cap. The Borrower may invite (A) any Lender, any Affiliate of any Lender and/or any Approved Fund, and/or (B) any other Person that would be an Eligible Assignee to provide all or a portion of
the Incremental Commitments (any such Person, an “Incremental Lender”); provided, that the Administrative Agent shall have a right to consent to any Person becoming an Incremental Lender pursuant to clause
(B) above (such consent not to be unreasonably withheld or delayed) to the extent such consent would be required under Section 12.07(a)(i)(B). Any existing Lender offered or approached to provide a portion of the Incremental Commitments or
any Incremental Loan may elect or decline, in its sole discretion, to provide a portion of the Incremental Commitments or any Incremental Loans and any existing Lender may elect to provide Incremental Commitments or Incremental Loan without the
consent of any other Lender. 
 (b) The Incremental Facilities shall be subject to the following provisions, as applicable: 

(i) subject to, and except as otherwise provided in, clause (ix) below, no Default or Event of Default shall exist
immediately prior to or after giving effect to such Incremental Facility; 
 (ii) solely in the case of an Incremental
Facility that is being incurred pursuant to clause (c) of the definition of “Incremental Cap,” the Administrative Agent shall have received reasonable supporting detail (including a reconciliation of consolidated net income on a GAAP
basis to Consolidated Net Income and Consolidated EBITDA) with respect to the calculation of the applicable leverage ratio; 

(iii) the Incremental Loans (A) may rank pari passu or junior in right of payment and/or with respect to security with the
Secured Obligations or may be unsecured (subject, if applicable, to an intercreditor agreement on customary terms reasonably satisfactory to the Administrative Agent), (B) if secured, may not be secured by any assets other than Collateral and
(C) if guaranteed, may not be guaranteed by any Person who is not a Credit Party. Any Incremental Facility that is secured on a second lien or junior lien basis to the Secured Obligations or is unsecured will be documented in a separate
facility; 
 (iv) any Incremental Term Loans will not have (A) a maturity date earlier than the Latest Term Loan
Maturity Date or (B) a shorter Average Life to maturity than the remaining Average Life to maturity of the Term Loans; 

(v) any Incremental Revolving Loans will not have a maturity date earlier than the Latest Revolving Credit Maturity Date; 

(vi) the All-in-Yield (and the components thereof) applicable to any Incremental Term Facility shall be determined by the
applicable Incremental Lenders providing such Incremental Term Facility and the Borrower; provided, that the All-in-Yield in respect of such Incremental Term Facility shall not exceed the All-in-Yield for the Initial Term Loans as in effect
on the date of such calculation, plus 0.50% per annum, 

  
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unless the All-in-Yield then in effect for such Initial Term Loans, is increased by an amount equal to the difference between (A) the All-in-Yield in respect of such Incremental Term
Facility and (B) the All-in-Yield for each of the Initial Term Loans, less 0.50% per annum in each case; 
 (vii)
(A) all terms (other than with respect to margin, pricing, maturity or fees) applicable to any Incremental Term Facility (other than any terms which are applicable only after the Latest Term Loan Maturity Date) shall be no more favorable to the
Lenders providing such Incremental Facility (taken as a whole) than to the Lenders providing the Initial Term Loans and (B) the terms of any Incremental Revolving Facility (other than any terms which are applicable only after the Latest
Revolving Credit Maturity Date) shall be no more favorable to the Lenders providing such Incremental Facility (taken as a whole) than to the Lenders providing the Initial Revolving Credit Commitments, unless, in each case, otherwise reasonably
acceptable to the Administrative Agent, and, to the extent such Lender’s respective Commitments will be extended therewith, the Swingline Lender and the Issuing Lender; 

(viii) any prepayment (other than scheduled amortization payments) of Incremental Term Loans that are pari passu
in right of payment and pari passu with respect to security shall be made on a pro rata basis with all Initial Term Loans (and all then-existing Additional Term Loans requiring ratable prepayment), except that the Borrower and the
Lenders in respect of such Incremental Term Loans shall be permitted, in their sole discretion, to elect to prepay or receive, as applicable, any prepayments on a less than pro rata basis (but not on a greater than pro rata basis);
and 
 (ix) notwithstanding anything to the contrary in this Section 2.22 or in any other provision of any Credit
Document, if the proceeds of any Incremental Facility are intended to be applied to finance an acquisition or other similar Investment and the Lenders providing such Incremental Facility so agree (and, in the case of any Incremental Revolving
Facility, the Required Revolving Lenders so agree), the availability thereof shall (x) not be subject to the requirements set forth in clause (i) above and/or (y) be subject to customary “SunGard” or “certain
funds” conditionality. 
 (c) Any Incremental Facility shall be effected pursuant to an Incremental Facility Agreement executed and
delivered by the Borrower, the Administrative Agent and the applicable Incremental Lenders, which Incremental Facility Agreement may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Credit Documents
as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 2.22. The Lenders hereby irrevocably authorize the Administrative Agent to enter into any
Incremental Facility Agreement and any amendment to any of the other Credit Documents with the Credit Parties as may be necessary in order to establish new tranches or sub-tranches in respect of Loans or Commitments increased or extended pursuant to
this Section 2.22 and such technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative Agent and the Borrower in connection with the establishment of such new tranches or sub-tranches, in each case on
terms consistent with this Section 2.22, including any changes to Section 2.06(a) necessary to ensure such Incremental Term Facilities are fungible with the existing Term Facility if such facility is intended to be of the same Class as the
relevant existing Term Facility. 

  
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 (d) The Borrower shall deliver or cause to be delivered any customary legal opinions or other
documents (including, without limitation, a resolution duly adopted by its Board of Directors authorizing the applicable Incremental Facility) reasonably requested by Administrative Agent in connection with any Incremental Facility. 

(e) On the effective date of any Incremental Commitment, each Incremental Lender that has agreed to provide such Incremental Commitments shall
become a Lender hereunder. 
 (f) On the date of the making of any Incremental Term Loans that will be of the same Class as any
then-existing Class of Term Loans, and notwithstanding anything to the contrary set forth in Section 2.08, such Incremental Term Loans shall be added to (and constitute a part of and be of the same Type as and have, if applicable, the same
Interest Period as) each Borrowing of outstanding Term Loans of such Class on a pro rata basis (based on the relative sizes of such Borrowings), so that each Term Lender providing such Incremental Term Loans will participate proportionately in each
then outstanding Borrowing of Term Loans of such Class. 
 (g) To the extent the Borrower elects to implement any Incremental Revolving
Facility that establishes Revolving Credit Commitments of a new Class, then notwithstanding any other provision of this Agreement to the contrary, (1) the borrowing and repayment (except for (A) payments of interest and fees at different
rates on the Revolving Credit Commitments (and related outstandings), (B) repayments required upon the Maturity Date of any Revolving Loan, and (C) repayments made in connection with a permanent repayment and termination of the Revolving
Loans or Revolving Credit Commitments (subject to clause (3) below)) of Revolving Loans after the effective date of such Incremental Revolving Facility shall be made on a pro rata basis with all other Revolving Loans, (2) all Swingline
Loans and Letters of Credit shall be participated on a pro rata basis by all Revolving Lenders and (3) the permanent repayment of Revolving Loans with respect to, and reduction and termination of Revolving Credit Commitments after the effective
date of such Incremental Revolving Facility shall be made on a pro rata basis with all other Revolving Loans, except that the Borrower shall be permitted to permanently repay the Revolving Loans of any Class and reduce or terminate the Revolving
Credit Commitments of any Class on a greater than pro rata basis as compared to the Revolving Loans of any other Class or Revolving Credit Commitments of any other Class with a later Maturity Date than such Revolving Loans of such Class or such
Revolving Credit Commitments of such Class. 
 (h) Upon the implementation of any Incremental Revolving Facility pursuant to this
Section 2.22 that establishes Revolving Credit Commitments of the same Class as any then-existing Class of the Revolving Credit Commitments, (i) each Revolving Lender immediately prior to such increase will automatically and without
further act be deemed to have assigned to each relevant Incremental Revolving Lender, and each relevant Incremental Revolving Lender will automatically and without further act be deemed to have assumed a portion of such Revolving Lender’s
participations hereunder in outstanding Letters of Credit and Swingline Loans, if applicable, such that, after giving effect to each deemed assignment and assumption of participations, all of the Revolving Lenders’ (including each Incremental
Revolving Lender) (A)

  
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participations hereunder in Letters of Credit and (B) participations hereunder in Swingline Loans shall be held on a pro rata basis on the basis of their respective Revolving Credit
Commitments (after giving effect to any increase in the Revolving Credit Commitment pursuant to Section 2.22) and (ii) the existing Revolving Lenders of the applicable Class shall assign Revolving Loans to certain other Revolving Lenders
of such Class (including the Revolving Lenders providing the relevant Incremental Revolving Facility), and such other Revolving Lenders (including the Revolving Lenders providing the relevant Incremental Revolving Facility) shall purchase such
Revolving Loans, in each case to the extent necessary so that all of the Revolving Lenders of such Class participate in each outstanding Borrowing of Revolving Loans pro rata on the basis of their respective Revolving Credit Commitments of such
Class (after giving effect to any increase in the Revolving Credit Commitments pursuant to this Section 2.22); it being understood and agreed that the minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere
in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. 
 (i) Effective on the date
of each Incremental Revolving Facility, (i) the maximum amount of Letter of Credit Exposure permitted hereunder shall increase by an amount, if any, agreed upon by the Administrative Agent, the Issuing Lenders and the Borrower and (ii) the
maximum amount of Swingline Loans permitted hereunder shall increase by an amount, if any, agreed upon by the Administrative Agent, the Swingline Lender and the Borrower. 

(j) This Section 2.22 shall supersede any provisions in Section 2.15 or 12.06 to the contrary. 

Section 2.23. Credit Agreement Refinancing Facilities. (a) The Borrower may, by written notice to the Administrative Agent
from time to time, request (x) Replacement Revolving Credit Commitments to replace all or a portion of any existing Class of Revolving Credit Commitments (the “Replaced Revolving Credit Commitments”) in an aggregate amount not
to exceed the aggregate amount of the Replaced Revolving Credit Commitments plus any accrued interest and premium (including tender premiums) thereof, any committed but undrawn amounts, underwriting discounts, fees, commissions, costs and expenses
related thereto (including upfront fees, original issue discount or initial yield payments), and (y) Refinancing Term Loans to refinance all or a portion of any existing Class of Term Loans (the “Refinanced Term Loans”) in an
aggregate principal amount not to exceed the aggregate principal amount of the Refinanced Term Loans plus any accrued interest and premium (including tender premiums) thereof, any committed but undrawn amounts, underwriting discounts, fees,
commissions, costs and expenses related thereto (including upfront fees, original issue discount or initial yield payments). Such notice shall set forth (i) the amount of the applicable Credit Agreement Refinancing Facility, (ii) the date
on which the applicable Credit Agreement Refinancing Facility is to become effective and (iii) whether such Credit Agreement Refinancing Facilities are Replacement Revolving Credit Commitments or Refinancing Term Loans. The Borrower may seek
Credit Agreement Refinancing Facilities from existing Lenders (each of which shall be entitled to agree or decline to participate in its sole discretion) or any Additional Lender. 

(b) It shall be a condition precedent to the effectiveness of the Credit Agreement Refinancing Facility and the incurrence of any Refinancing
Term Loans that (i) no Event of Default shall have occurred and be continuing immediately prior to or immediately after giving 

  
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effect to such Credit Agreement Refinancing Facility or the incurrence of such Refinancing Term Loans, as applicable, (ii) the terms of the Credit Agreement Refinancing Facility shall comply
with Section 2.23(c) and (iii) (x) substantially concurrently with the incurrence of any such Refinancing Term Loans, 100% of the proceeds thereof shall be applied to repay the Refinanced Term Loans (including accrued interest, fees
and premiums (if any) payable in connection therewith) and (y) substantially concurrently with the effectiveness of such Replacement Revolving Credit Commitments, all or an equivalent portion of the Revolving Credit Commitment in effect
immediately prior to such effectiveness shall be terminated, and all or an equivalent portion of the Revolving Loans then outstanding, together with interest thereon and all other amounts accrued for the benefit of the Revolving Lenders, shall be
repaid or paid. 
 (c) The terms of any Credit Agreement Refinancing Facility shall be determined by the Borrower and the applicable
Credit Agreement Refinancing Facility Lenders and set forth in a Refinancing Amendment; provided that (i) the final Maturity Date of any Refinancing Term Loans or Replacement Revolving Credit Commitments shall not be earlier than the
Maturity Date of the applicable Refinanced Term Loans or Replaced Revolving Credit Commitments, respectively, (ii) there shall be no scheduled amortization of the Replacement Revolving Credit Commitments, (iii) the Average Life to maturity
of the Refinancing Term Loans shall be no shorter than the remaining Average Life to maturity of the Refinanced Term Loans, (iv) the Credit Agreement Refinancing Facilities will rank pari passu in right of payment and/or of security with
the Revolving Loans and the Term Loans, as applicable, and none of the obligors or guarantors with respect thereto shall be a Person that is not a Credit Party, (v) any Refinancing Term Loans that are pari passu with the Initial Term
Loans in right of payment and security may participate on a pro rata basis or a less than pro rata basis (but not greater than a pro rata basis) in any voluntary or mandatory repayment or prepayment in respect of the Initial Term Loans, in each case
as agreed by the Borrower and the Lenders providing the relevant Refinancing Term Loans, (vi) such Indebtedness shall not be secured by any assets other than the Collateral and shall be subject to customary intercreditor agreement reasonably
acceptable to the Administrative Agent, (vii) the interest rate margin, rate floors, fees, original issue discount, premiums and optional prepayments applicable to the Credit Agreement Refinancing Facilities shall be determined by the Borrower
and the applicable Credit Agreement Refinancing Facility Lenders, (viii) the extent the terms of the Credit Agreement Refinancing Facilities (other than (x) as set forth in clauses (i) through (vii) above, and (y) covenants
or other provisions applicable only to periods after the Latest Maturity Date (in each case in this clause (y), as of the date of incurrence of the relevant Refinancing Term Loans or Replacement Revolving Credit Commitments)) shall be substantially
identical to, or no more favorable to the Persons providing such Credit Agreement Refinancing Facilities than to the Persons providing the applicable Refinanced Term Loans or Replaced Revolving Credit Commitments, respectively, at the time of such
refinancing and (ix) in the case of any Replacement Revolving Credit Commitments, the definitive documentation therefor shall include provisions governing pro rata payments, repayments, borrowings, letter of credit participations and commitment
reductions, except that the Borrower shall be permitted to permanently repay the Revolving Loans of any Class and reduce or terminate the Revolving Credit Commitments of any Class on a greater than pro rata basis as compared to the Revolving Loans
of any other Class or Revolving Credit Commitments of any other Class with a later Maturity Date than such Revolving Loans of such Class or such Revolving Credit Commitments of such Class. 

  
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 (d) In connection with any Credit Agreement Refinancing Facility pursuant to this
Section 2.23, the Borrower, the Administrative Agent and each applicable Lender or Additional Lender shall execute and deliver to the Administrative Agent a Refinancing Amendment and such other documentation as the Administrative Agent shall
reasonably specify to evidence such Credit Agreement Refinancing Facilities. The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Refinancing Amendment. A Refinancing Amendment may, without the consent of any
other Lenders, effect such amendments to this Agreement and the other Credit Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 2.23,
including any amendments necessary to establish the applicable Credit Agreement Refinancing Facility as a new Class or tranche of Term Loans or Revolving Credit Commitments (as applicable) and such other technical amendments as may be necessary or
appropriate in the reasonable opinion of the Administrative Agent and the Borrower in connection with the establishment of such Classes or tranches (including to preserve the pro rata treatment of the refinanced and non-refinanced tranches and to
provide for the reallocation of Letter of Credit Exposure or Swingline Exposure upon the expiration or termination of the commitments under any Class or tranche), in each case on terms consistent with this Section 2.23. Upon effectiveness of
any Replacement Revolving Credit Commitments pursuant to this Section 2.23, each Revolving Lender with a Revolving Credit Commitment immediately prior to such effectiveness will automatically and without further act be deemed to have assigned
to each Replacement Revolving Lender, and each such Replacement Revolving Lender will automatically and without further act be deemed to have assumed, a portion of such existing Revolving Lender’s participations hereunder in outstanding Letters
of Credit and Swingline Loans such that, after giving effect to each such deemed assignment and assumption of participations, the percentage of the aggregate outstanding participations hereunder in Letters of Credit and Swingline Loans held by each
Revolving Lender (including each such Replacement Revolving Lender) will equal its Applicable Percentage. If, on the date of such increase, there are any Revolving Loans outstanding, such Revolving Loans shall upon the effectiveness of such
Replacement Revolving Credit Commitment be prepaid from the proceeds of additional Revolving Loans made hereunder (reflecting such refinancing of the Revolving Credit Commitments), which prepayment shall be accompanied by accrued interest on the
Revolving Loans being prepaid and any costs incurred by any Revolving Lender in accordance with Section 2.18. The Administrative Agent and the Lenders hereby agree that the minimum borrowing, pro rata borrowing and pro rata payment requirements
contained elsewhere in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. 
 ARTICLE
3 
 LETTERS OF CREDIT 

Section 3.01. Issuance. (a) [Reserved]. 

(b) Subject to and upon the terms and conditions herein set forth, the Issuing Lender will, at any time and from time to time on and after the
Closing Date and prior to the fifth Business Day prior to the Latest Revolving Credit Maturity Date, and upon request by the Borrower in accordance with the provisions of Section 3.02, issue for the account of the Borrower and/or any Restricted
Subsidiary one or more irrevocable commercial letters of credit or standby letters of credit, denominated in Dollars or in one or more Alternate Currencies, and 

  
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in a form customarily used or otherwise approved by the applicable Issuing Lender (together with all amendments, modifications and supplements thereto, substitutions therefor and renewals and
restatements thereof, collectively, the “Letters of Credit”), amend or renew Letters of Credit previously issued by it and honor drafts under the Letters of Credit. On and after the Closing Date, each Existing Letter of Credit shall
be deemed to be a Letter of Credit issued hereunder on the Closing Date for all purposes under this Agreement and the other Credit Documents. 

(c) Notwithstanding anything to the contrary in Section 3.01(b): 

(i) No Letter of Credit shall be issued if the Stated Amount upon issuance of which (A) when added to the Dollar
Equivalent of the aggregate Letter of Credit Exposure of the Lenders with respect to the Letters of Credit at such time, would exceed $40,000,000 or (B) when added to the sum of (1) the Dollar Equivalent of the aggregate Letter of Credit
Exposure of all Lenders at such time, (2) the Dollar Equivalent of the aggregate principal amount of all Revolving Loans then outstanding and (3) the aggregate principal amount of all Swingline Loans then outstanding, would exceed the
aggregate Revolving Credit Commitments at such time; 
 (ii) No Letter of Credit shall be issued that by its terms expires
later than the earlier of (A) the fifth Business Day prior to the Latest Revolving Credit Maturity Date and (B) the date that is one year after its date of issuance; provided, however, that a Letter of Credit may, if
requested by the Borrower, provide by its terms, and on terms acceptable to the Issuing Lender, for renewal for successive periods of one year or less (but not beyond the fifth Business Day prior to the Latest Revolving Credit Maturity Date), unless
and until the Issuing Lender shall have delivered a notice of nonrenewal to the beneficiary of such Letter of Credit and the Borrower; and provided further that notwithstanding anything to the contrary in the foregoing, a Letter of Credit may
be issued that by its terms expires after the fifth Business Day prior to the Latest Revolving Credit Maturity Date if the Borrower shall have delivered to the Administrative Agent cash equal to 100% of the Stated Amount of such Letter of Credit to
be held in the Cash Collateral Account; and 
 (iii) The Issuing Lender shall be under no obligation to issue any Letter of
Credit if, at the time of such proposed issuance (i) any order, judgment or decree of any Governmental Authority or arbitrator shall purport by its terms to enjoin or restrain the Issuing Lender from issuing such Letter of Credit, or any
Requirement of Law applicable to the Issuing Lender or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over the Issuing Lender shall prohibit, or request that the Issuing Lender
refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon the Issuing Lender with respect to such Letter of Credit any restriction or reserve or capital requirement (for which the Issuing
Lender is not otherwise compensated) not in effect on the Closing Date, or any unreimbursed loss, cost or expense that was not applicable, in effect or known to the Issuing Lender as of the Closing Date and that the Issuing Lender in good faith
deems material to it or (ii) the Issuing Lender shall have actual knowledge, or shall have received notice from any Lender, prior to the issuance of such Letter of Credit that one or more of the conditions specified in Section 4.01 (if
applicable) or 4.02 are not then satisfied (or have not been waived in writing), or that the issuance of such Letter of Credit would violate the provisions of this Section 3.01(c) above. 

  
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 (iv) the Issuing Lender shall not be under any obligation to issue any Letter of
Credit if any fee due in connection with, and on or prior to, such issuance has not been paid. 
 (v) the Borrower shall
remain primary liable under any Letter of Credit issued for the account of any Restricted Subsidiary. 
 (d) Unless otherwise expressly
agreed by the Issuing Lender and the Borrower herein or when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP 98—International Standby Practices shall apply to
each standby Letter of Credit, and (ii) the rules of the ICC Uniform Customs and Practice for Documentary Credits 2007 (UCP600), shall apply to each commercial Letter of Credit. 

(e) In the event of any conflict between the terms hereof and the terms of any Issuer Document, the terms hereof shall control. 

Section 3.02. Notices. Whenever the Borrower desires the issuance of a Letter of Credit, the Borrower will
give the Issuing Lender written notice (with a copy to the Administrative Agent) not later than 12:00 p.m., three Business Days (or such shorter period as is acceptable to the Issuing Lender in any given case) prior to the requested date of issuance
thereof. Each such notice (each, a “Letter of Credit Notice”) shall be irrevocable, shall be given in the form of Exhibit B-4, or such other form provided by the Issuing Lender and in a form and substance reasonably acceptable to
the Administrative Agent and the Borrower and shall specify (i) the requested date of issuance, which shall be a Business Day, (ii) the requested currency and Stated Amount and expiry date of the Letter of Credit and (iii) the name
and address of the requested beneficiary or beneficiaries of the Letter of Credit. The Borrower, as the account party, will complete any application procedures and documents required by the Issuing Lender in connection with the issuance of any
Letter of Credit. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other agreement or document submitted by the Borrower to, or entered
into by the Borrower with, the applicable Issuing Lender relating to any Letter of Credit, the terms and conditions of this Agreement shall control. No Letter of Credit, letter of credit application or other document entered into by the Borrower
with the applicable Issuing Lender relating to any Letter of Credit shall contain any representations or warranties, covenants or events of default not set forth in this Agreement (and to the extent inconsistent herewith, shall be rendered null and
void or reformed automatically, without further action by any Person, to match this Agreement, as applicable) and all representations and warranties, covenants and events of default set forth therein shall contain standards, qualifications,
thresholds and exceptions for materiality or otherwise consistent with those set forth in this Agreement (and, to the extent inconsistent herewith, shall be deemed to automatically incorporate the applicable standards, qualifications, thresholds and
exceptions set forth herein without action by any Person). Each Issuing Lender agrees to provide the Administrative Agent (which, after receipt, the Administrative Agent shall provide to each Revolving Lender), in form and substance satisfactory to
the Administrative  

  
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Agent, each of the following on the following dates: (i) on or prior to (A) any issuance of any Letter of Credit by such Issuing Lender, (B) any drawing under any such Letter
of Credit or (C) any payment (or failure to pay when due) by the Borrower of any related Reimbursement Obligation, written notice thereof (with a copy to the Borrower), which shall contain a reasonably detailed description of such issuance,
drawing or payment and (ii) upon the request of the Administrative Agent (or any Revolving Lender through the Administrative Agent), copies of any Letter of Credit issued by such Issuing Lender and such other documents and information as may
reasonably be requested by the Administrative Agent and (iii) upon the request of the Administrative Agent (or any Revolving Lender through the Administrative Agent), a schedule of the Letters of Credit issued by such Issuing Lender, in form
and substance reasonably satisfactory to the Administrative Agent, setting forth the Letter of Credit Exposure for the applicable Letters of Credit then outstanding. 

Section 3.03. Participations. Immediately upon the issuance of any Letter of Credit, the Issuing Lender shall be deemed to
have sold and transferred to each Lender, and each Lender shall be deemed irrevocably and unconditionally to have purchased and received from the Issuing Lender, without recourse or warranty (regardless of whether the conditions set forth in
Section 4.02 shall have been satisfied), an undivided interest and participation, pro rata (based on the percentage of the aggregate Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment), in such Letter of
Credit, each drawing made thereunder and the obligations of the Borrower or the Borrower under this Agreement with respect thereto and any Collateral or other security therefor or guaranty pertaining thereto; provided, however, that the fees
relating to Letters of Credit described in Section 2.09(d) and (e) shall be payable directly to the Issuing Lender as provided therein, and the Lenders shall have no right to receive any portion thereof. Upon any change in the Revolving
Credit Commitments of any of the Lenders pursuant to Section 12.07, with respect to all outstanding Letters of Credit and Reimbursement Obligations there shall be an automatic adjustment to the participations pursuant to this Section to
reflect the new pro rata shares of the assigning Lender and the Eligible Assignee. 
 Section 3.04.
Reimbursement. The Borrower hereby agrees to reimburse the Issuing Lender by making payment to the Issuing Lender, in immediately available funds, for any payment made by the Issuing Lender under any Letter of Credit (each such amount so
paid until reimbursed, together with interest thereon payable as provided herein below, a “Reimbursement Obligation”) immediately after, and in any event within one Business Day after its receipt of notice of, such payment
(provided that any such Reimbursement Obligation shall be deemed timely satisfied (but nevertheless subject to the payment of interest thereon as provided herein below) if satisfied pursuant to a Borrowing of Revolving Loans
made on or prior to the next Business Day following the date of the Borrower’s receipt of notice of such payment), together with interest on the amount so paid by the Issuing Lender, to the extent not reimbursed prior to 1:00 p.m., on the date
of such payment or disbursement, for the period from the date of the respective payment to the date the Reimbursement Obligation created thereby is satisfied, at the Adjusted Base Rate applicable to Revolving Loans as in effect from time to time
during such period, such interest also to be payable on demand. The Issuing Lender will provide the Administrative Agent and the Borrower with prompt notice of any payment or disbursement made under any Letter of Credit, although the failure to
give, or any delay in giving, any such notice shall not release, diminish or otherwise affect the Borrower’s obligations under this Section or any other provision of this Agreement.  

  
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 Section 3.05. Payment by Revolving Loans. In the event that the Issuing Lender
makes any payment under any Letter of Credit and the Borrower shall not have timely satisfied in full its Reimbursement Obligation to the Issuing Lender pursuant to Section 3.04, and to the extent that any amounts then held in the Cash
Collateral Account established pursuant to Section 3.08 shall be insufficient to satisfy such Reimbursement Obligation in full, the Issuing Lender will promptly notify the Administrative Agent, and the Administrative Agent will promptly notify
each Lender, of such failure. If the Administrative Agent gives such notice prior to 11:00 a.m., on any Business Day, each Lender will make available to the Administrative Agent, for the account of the Issuing Lender, its pro rata share (based on
the percentage of the aggregate Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment, whether or not the Revolving Credit Commitments are then in effect and if the Revolving Credit Commitments have ceased to be
in effect, then pursuant to the Revolving Credit Commitments as in effect immediately prior to such cessation) of the amount of such payment on such Business Day in immediately available funds. If the Administrative Agent gives such notice after
11:00 a.m., on any Business Day, each such Lender shall make its pro rata share of such amount available to the Administrative Agent on the next succeeding Business Day. If and to the extent any Lender shall not have so made its pro rata share
of the amount of such payment available to the Administrative Agent, such Lender agrees to pay to the Administrative Agent, for the account of the Issuing Lender, forthwith on demand such amount, together with interest thereon at the Federal Funds
Rate for the first Business Day (or (A) in the case of any Letter of Credit denominated in Canadian Dollars, the Canadian Prime Rate and (B) in the case of any Letter of Credit denominated in any Alternate Currency other than Canadian
Dollars, the Administrative Agent’s customary rate for interbank advances in the Alternate Currency in which such Letter of Credit is denominated) and thereafter, in the case of Letters of Credit denominated in Dollars or Canadian Dollars, at
the rate applicable to Revolving Loans that are Base Rate Loans and, in the case of Letters of Credit denominated in any Alternate Currency other than Canadian Dollars, at the rate applicable to Revolving Loans that are LIBOR Loans denominated in
such Alternate Currency, in each case until the date such amount is paid to the Administrative Agent. The failure of any Lender to make available to the Administrative Agent its pro rata share of any payment under any Letter of Credit shall not
relieve any other Lender of its obligation hereunder to make available to the Administrative Agent its pro rata share of any payment under any Letter of Credit on the date required, as specified above, but no Lender shall be responsible for the
failure of any other Lender to make available to the Administrative Agent such other Lender’s pro rata share of any such payment. Each such payment by a Lender under this Section of its pro rata share of an amount paid by the Issuing
Lender shall constitute a Revolving Loan by such Lender (which, in the case of Letters of Credit denominated in Dollars or Canadian Dollars, shall be Base Rate Loans and, in the case of Letters of Credit denominated in any Alternate Currency other
than Canadian Dollars, LIBOR Loans denominated in such Alternate Currency) (the Borrower being deemed to have given a timely Notice of Borrowing therefor) and shall be treated as such for all purposes of this Agreement; provided that for
purposes of determining the aggregate Unutilized Revolving Credit Commitments immediately prior to giving effect to the application of the proceeds of such Revolving Loans, the Reimbursement Obligation being satisfied thereby shall be deemed not to
be outstanding at such time; provided, further, that in the event that as a result of any bankruptcy, insolvency or similar proceeding with respect to the Borrower, Revolving Loans cannot be made pursuant to this Section 3.05, then any such
payment by a Lender shall be deemed to be a payment in purchase of the participation granted to  

  
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such Lender pursuant to Section 3.03. Promptly following the Issuing Lender’s receipt of any payment by or on behalf of the Borrower in respect of any Reimbursement Obligation in
which a Lender has so purchased and paid for its participation, the Issuing Lender shall pay to such Lender that has acquired a participation therein such Lender’s ratable share of such payment. 

Section 3.06. Payment to Lenders. Whenever the Issuing Lender receives a payment in respect of a Reimbursement Obligation
as to which the Administrative Agent has received, for the account of the Issuing Lender, any payments from the Lenders pursuant to Section 3.05, the Issuing Lender will promptly pay to the Administrative Agent, and the Administrative Agent
will promptly pay to each Lender that has paid its pro rata share thereof, in immediately available funds, an amount equal to such Lender’s ratable share (based on the proportionate amount funded by such Lender to the aggregate amount funded by
all Lenders) of such Reimbursement Obligation. 
 Section 3.07. Obligations Absolute. The Reimbursement
Obligations of the Borrower, and the obligations of the Lenders under Section 3.05 to make payments to the Administrative Agent, for the account of the Issuing Lender, with respect to Letters of Credit, shall be irrevocable, shall remain in
effect until the Issuing Lender shall have no further obligations to make any payments or disbursements under any circumstances with respect to any Letter of Credit, and, except to the extent resulting from the gross negligence, bad faith or willful
misconduct of, or material breach of any Credit Document by the Issuing Lender, shall not be subject to counterclaim, setoff or other defense or any other qualification or exception whatsoever and shall be made in accordance with the terms and
conditions of this Agreement under all circumstances, including, without limitation, any of the following circumstances: 
 (a) Any
lack of validity or enforceability of this Agreement, any of the other Credit Documents or any documents or instruments relating to any Letter of Credit; 

(b) Any change in the time, manner or place of payment of, or in any other term of, all or any of the Obligations in respect of any Letter of
Credit or any other amendment, modification or waiver of or any consent to departure from any Letter of Credit or any documents or instruments relating thereto, in each case whether or not the Borrower has notice or knowledge thereof; 

(c) The existence of any claim, setoff, defense or other right that the Borrower may have at any time against a beneficiary named in a Letter
of Credit, any transferee of any Letter of Credit (or any Person for whom any such transferee may be acting), the Administrative Agent, the Issuing Lender, any Lender or other Person, whether in connection with this Agreement, any Letter of Credit,
the transactions contemplated hereby or any unrelated transactions (including any underlying transaction between the Borrower and the beneficiary named in any such Letter of Credit); 

(d) Any draft, certificate or any other document presented under the Letter of Credit proving to be forged, fraudulent, invalid or
insufficient in any respect or any statement therein being untrue or inaccurate in any respect (provided that such draft, certificate or other document appears on its face to comply with the terms of such Letter of Credit), any errors,
omissions, interruptions or delays in transmission or delivery of any messages, by mail, telecopier or otherwise, or any errors in translation or in interpretation of technical terms; 

  
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 (e) Any defense based upon the failure of any drawing under a Letter of Credit to conform
to the terms of the Letter of Credit (provided that such draft, certificate or other document appears on its face to comply with the terms of such Letter of Credit), any nonapplication or misapplication by the beneficiary or any transferee of
the proceeds of such drawing or any other act or omission of such beneficiary or transferee in connection with such Letter of Credit; 

(f) The exchange, release, surrender or impairment of any Collateral or other security for the Obligations; 

(g) The occurrence of any Default or Event of Default; or 

(h) Any other circumstance or event whatsoever, including, without limitation, any other circumstance that might otherwise constitute a
defense available to, or a discharge of, the Borrower or a guarantor. Any action taken or omitted to be taken by the Issuing Lender under or in connection with any Letter of Credit, if taken or omitted in the absence of gross negligence, bad faith,
material breach of the Credit Documents or willful misconduct (as finally determined by a court of competent jurisdiction), shall be binding upon the Borrower and each Lender and shall not create or result in any liability of the Issuing Lender to
the Borrower or any Lender. Nothing contained herein shall excuse Issuing Lender for liability to the extent such liability has resulted from the gross negligence, bad faith or willful misconduct of Issuing Lender or material breach of the Credit
Documents as determined by a court of competent jurisdiction in a final non-appealable judgment or order. 
 Section 3.08.
Cash Collateral Account. At any time and from time to time (a) after the occurrence and during the continuance of an Event of Default, the Administrative Agent, at the direction or with the consent of the Required Revolving Lenders, may
require the Borrower to deliver to the Administrative Agent such amount of cash as is equal to the Minimum Collateral Amount of all Letters of Credit at any time outstanding (whether or not any beneficiary under any Letter of Credit shall have drawn
or be entitled at such time to draw thereunder) and (b) in the event of a prepayment under Section 2.06(d) or to the extent any amount of a required prepayment under any of Sections 2.06(e) and 2.06(g) remains after prepayment of all
outstanding Loans and Reimbursement Obligations and termination of the Commitments, as contemplated by Section 2.06(h), the Administrative Agent will retain such amount as may then be required to be retained, such amounts in each case under
clauses (a) and (b) above to be held by the Administrative Agent in a cash collateral account (the “Cash Collateral Account”). The Borrower hereby grants (or, if registration thereof is required in any
applicable jurisdiction, shall grant) to the Administrative Agent, for the benefit of the Issuing Lender and the Lenders, a Lien upon and security interest in the Cash Collateral Account and all amounts held therein from time to time as security for
Letter of Credit Exposure, and for application to the Borrower’s Reimbursement Obligations as and when the same shall arise. The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over
such account. Other than any interest on the investment of such amounts in Cash Equivalents, which investments shall be made at the direction of the Borrower (unless an Event of Default shall have 

  
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occurred and be continuing, in which case the determination as to investments shall be made at the option and in the discretion of the Administrative Agent and the Administrative Agent shall
have no liability in respect of any losses or other returns in respect of any such investments), amounts in the Cash Collateral Account shall not bear interest. Interest and profits, if any, on such investments shall accumulate in such account. In
the event of a drawing, and subsequent payment by the Issuing Lender, under any Letter of Credit at any time during which any amounts are held in the Cash Collateral Account, the Administrative Agent will deliver to the Issuing Lender an amount
equal to the Reimbursement Obligation created as a result of such payment (or, if the amounts so held are less than such Reimbursement Obligation, all of such amounts) to reimburse the Issuing Lender therefor. Any amounts remaining in the Cash
Collateral Account after the expiration of all Letters of Credit and reimbursement in full of the Issuing Lender for all of its obligations thereunder shall be promptly returned to the Borrower; provided that if an Event of Default is then
continuing, such amounts shall not be returned to Borrower but shall be applied against the Obligations in such order and manner as the Administrative Agent may direct. If the Borrower is required to provide cash collateral pursuant to
Section 2.06, such amount (to the extent not applied as aforesaid) shall be returned to the Borrower on demand, provided that (i) after giving effect to such return the sum of (x) the aggregate principal amount of all Revolving
Loans outstanding at such time, (y) the aggregate principal amount of all Swingline Loans outstanding at such time and (z) the aggregate Letter of Credit Exposure of all Lenders at such time would not exceed the aggregate Revolving Credit
Commitments at such time and (ii) no Event of Default then exists. If the Borrower is required to provide Cash Collateral as a result of an Event of Default, such amount (to the extent not applied as aforesaid) shall be returned to the Borrower
within three Business Days after such Event of Default has been cured or waived. 
 Section 3.09. Effectiveness.
Notwithstanding any termination of the Revolving Credit Commitments or repayment of the Loans, or both, the obligations of the Borrower under this Article shall remain in full force and effect until the Issuing Lender and the Lenders shall have
no further obligations to make any payments or disbursements under any circumstances with respect to any Letter of Credit. 

Section 3.10. Defaulting Lender. Notwithstanding anything else to the contrary herein, no Issuing Lender shall be obligated
to issue, extend, renew or increase any Letter of Credit under the circumstances set forth in Section 2.19(c). 

Section 3.11. Appointment; Resignation and Removal of Issuing Lender. A Revolving Lender may be appointed as an Issuing
Lender hereunder by written notice to the Administrative Agent from such Revolving Lender and the Borrower. Any Issuing Lender may resign as Issuing Lender upon 30 days prior written notice to the Administrative Agent, the Lenders and the Borrower.
Any Issuing Lender may be removed or replaced at any time by written agreement among the Borrower, the Administrative Agent and, in the case of a replacement, the successor Issuing Lender. The Administrative Agent shall notify the Lenders of any
such removal or replacement of such Issuing Lender. At the time any such removal, replacement or resignation shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the removed or replaced Issuing Lender. From and
after the effective date of any such removal, replacement or resignation, (a) any successor Issuing Lender shall have all the rights and obligations of the Issuing Lender under this Agreement with respect to Letters of 

  
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Credit to be issued thereafter and (b) references herein to the term “Issuing Lender” shall be deemed to refer to such successor or to any previous Issuing Lender, or to
such successor and all previous Issuing Lenders, as the context shall require. After the removal, replacement or resignation of an Issuing Lender hereunder, the removed, replaced or resigned Issuing Lender shall remain a party hereto to the extent
that Letters of Credit issued by it remain outstanding and shall continue to have all the rights and obligations of an Issuing Lender under this Agreement with respect to Letters of Credit issued by it prior to such removal, replacement or
resignation, but shall not be required to issue additional Letters of Credit. 
 ARTICLE 4 

CONDITIONS OF BORROWING 

Section 4.01. Conditions of Initial Borrowing. The obligation of each Lender to make Loans in connection with the initial
Borrowing hereunder, and the obligation of the Issuing Lender to issue Letters of Credit hereunder on the Closing Date, is subject to the satisfaction or written waiver of the following conditions precedent: 

(a) The Administrative Agent shall have received the following, each dated as of the Closing Date (unless otherwise specified): 

(i) from each Credit Party party thereto a counterpart signed by such Credit Party (or written evidence satisfactory to the
Administrative Agent (which may include a copy transmitted by facsimile or other electronic method) that such party has signed a counterpart) of (A) this Agreement and (B) the Security Agreement; 

(ii) subject to the last paragraph of this Section 4.01, any certificates evidencing the Capital Stock required to be
pledged pursuant to the Security Agreement as of the Closing Date, together with undated stock powers or similar instruments of transfer, duly executed in blank; and 

(iii) a customary written opinion of (i) Weil, Gotshal and Manges LLP, (ii) Ruder Ware, L.L.S.C.,
(iii) Baker & Hostetler LLP, each as special counsel to the applicable Credit Parties. 
 (b) The Administrative Agent shall
have received a certificate dated the Closing Date and executed by a Responsible Officer of each of the Credit Parties, certifying (A)(x) that attached thereto is a true and complete copy of the articles or certificate of incorporation or other
comparable organizational documents of such Credit Party, certified by the relevant authority of the jurisdiction of organization of such Credit Party and a true and complete copy of the bylaws, operating or comparable governing document of such
Credit Party and (y) that such documents or agreements have not been amended (except as otherwise attached to such certificate and certified therein as being the only amendments thereto as of such date) and (B)(x) that attached thereto is a
true and complete copy of resolutions or written consents of its shareholders or Board of Directors, as the case may be, authorizing the execution, delivery and performance of this Agreement and the other Credit Documents to which it is a party, and
that such resolutions or written consents have not been modified, rescinded or amended and are in full force and effect without amendment, modification or rescission, and (y) as to the incumbency and genuineness of the signature of the
officers, directors, managers or other authorized signatories of each Credit Party, executing this Agreement and the other Credit Documents to which it is a party. 

  
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 (c) The Administrative Agent shall have received a certificate as of a recent date of the good
standing (or equivalent) of each of the Credit Parties under the laws of its jurisdiction of organization from the relevant authority of its jurisdiction of organization. 

(d) The Administrative Agent shall have received certified reports from an independent search service reasonably satisfactory to it listing
any judgment or tax lien filing or UCC financing statement that names any Credit Party as debtor in any of the jurisdictions listed beneath its name on the Perfection Certificate. 

(e) Each UCC financing statement and, subject to Section 6.12, each document required by any Security Document or any applicable
Requirements of Law to be filed, registered or recorded in order to create in favor the Administrative Agent, for the benefit of the Secured Parties, a perfected Lien on the Collateral required to be delivered pursuant to each Security Document,
shall be in proper form for filing, registration or recording. 
 (f) The Administrative Agent shall have received certificates of insurance
evidencing the insurance coverages described in Section 6.06. 
 (g) The Borrower shall have paid all fees and expenses of the Lenders,
the Administrative Agent and the Arrangers required to be paid on the Closing Date pursuant to the Engagement Letter and the Agency Fee Letter, to the extent invoiced at least three Business Days prior to the Closing Date (or such later date as
Holdings may reasonably agree), which amounts may be offset against the proceeds of the Loans. 
 (h) The Administrative Agent shall have
received (i) the audited consolidated balance sheets of Holdings as of December 31, 2013 and audited consolidated statements of operations, comprehensive income (loss), stockholders’ equity (deficit) and cash flows of Holdings for the
year ended December 31, 2013, (ii) the unaudited consolidated balance sheets of Holdings as of June 29, 2014 and unaudited consolidated statements of operations, comprehensive income (loss), stockholders’ equity (deficit) and
cash flows of Holdings for the six month periods ended June 29, 2014 and (iii) a pro forma consolidated balance sheet and related statements of income of Holdings as of and for the 12 month period ending on June 29, 2014 prepared
after giving effect to the Transactions as if the Transactions occurred on such date. 
 (i) Prior to or substantially concurrently with the
initial funding of the Loans hereunder, and the issuance of the Senior Notes in an aggregate principal amount equal to $600,000,000, the Refinancing shall have been consummated. 

(j) The Administrative Agent shall have received the Solvency Certificate from the chief financial officer of the Borrower certifying as to
the matters set forth therein. 
 (k) At least 3 Business Days prior to the Closing Date, the Administrative Agent shall have received all
information with respect to the Credit Parties reasonably requested by it in writing at least 10 Business Days prior to the Closing Date under applicable “know-your-customer” and anti-money laundering rules and regulations, including,
without limitation, the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001) (the “PATRIOT Act”). 

  
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 Section 4.02. Conditions of All Borrowings. The obligation of each Lender to
make any Loans hereunder (but excluding Revolving Loans made for the purpose of repaying Refunded Swingline Loans pursuant to Section 2.02(e) or Reimbursement Obligations pursuant to Section 3.05), and the obligation of the Issuing Lender
to issue, amend (other than an amendment in respect of a then outstanding Letter of Credit that does not increase the face amount thereof) or extend any Letters of Credit hereunder, is subject to the satisfaction of the following conditions
precedent on the relevant Borrowing Date or date of issuance: 
 (a) The Administrative Agent shall have received a Notice of
Borrowing in accordance with Section 2.02(b) (together with the Swingline Lender) a Notice of Swingline Borrowing in accordance with Section 2.02(d) or (together with the Issuing Lender) a Letter of Credit Notice in accordance with
Section 3.02, as applicable; 
 (b) Each of the representations and warranties contained in Article V and in the other Credit
Documents shall be true and correct in all material respects on and as of such Borrowing Date or date of issuance with the same effect as if made on and as of such date, both immediately before and after giving effect to the Loans to be made or
Letter of Credit to be issued on such date (other than any such representations or warranties that are made as of a specific date, which shall be true and correct in all material respects as of such date) (without duplication of any materiality
qualifiers with respect to any such representation or warranty already qualified by materiality or Material Adverse Effect); and 
 (c) No
Default or Event of Default shall have occurred and be continuing on such date, both immediately before and after giving effect to the Loans to be made or Letter of Credit to be issued on such date. 

Each giving of a Notice of Borrowing, a Notice of Swingline Borrowing or a Letter of Credit Notice, and the consummation of each
Borrowing or issuance of a Letter of Credit, shall be deemed to constitute a representation by the Borrower that the statements contained in subsections (b) and (c) above are true as of the relevant Borrowing Date or date of issuance;
provided, however that the conditions set forth in paragraphs (b) and (c) of this Section 4.02 shall not apply to (A) any Incremental Loan made in connection with any acquisition or other similar Investment
permitted by this Agreement and/or (B) any extension of credit under any Refinancing Amendment and/or Extension Amendment unless the lenders in respect thereof (and, in the case of any Incremental Revolving Facility provided in connection with
any acquisition or other similar Investment permitted by this Agreement, the Required Revolving Lenders so agree) have required satisfaction of the same in the applicable Incremental Facility Agreement, Refinancing Amendment or Extension Amendment,
as applicable. 

  
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 ARTICLE 5 

REPRESENTATIONS AND WARRANTIES 

On the dates and to the extent required pursuant to the terms hereof, including on the Closing Date and any Borrowing Date, except as
expressly provided below, each of Holdings (solely with respect to Sections 5.01, 5.02, 5.03, 5.04, 5.06, 5.07, 5.08, 5.09, 5.15 and 5.20), the Borrower and each Subsidiary Guarantor represents and warrants to the Administrative Agent and the
Lenders that: 
 Section 5.01. Corporate Organization and Power. Each of Holdings, the Borrower and its Restricted
Subsidiaries (i) is (x) duly organized or incorporated, (y) validly existing and (z) in good standing (where such concept is applicable) under the laws of the jurisdiction of its organization or incorporation, (ii) has the
full power and authority to execute, deliver and perform the Credit Documents to which it will be a party, to own and hold its property and to engage in its business as presently conducted, and (iii) is duly qualified to do business as a
foreign corporation (or equivalent thereof) and is in good standing (where such concept is applicable) in each jurisdiction where the nature of its business or the ownership of its properties requires it to be so qualified, except, in each case
(other than with respect to the Borrower, clause (i)(x) and (y) and (ii)), where the failure to do so would not, individually or in the aggregate, be reasonably expected to have a Material Adverse Effect. 

Section 5.02. Authorization; Enforceability. Each of Holdings, the Borrower and its Restricted Subsidiaries has taken, or
on the Closing Date will have taken, all necessary action to execute, deliver and perform each of the Credit Documents to which it is or will be a party, and has, or on the Closing Date (or any later date of execution and delivery) will have,
validly executed and delivered each of the Credit Documents to which it is or will be a party. This Agreement constitutes, and each of the other Credit Documents upon execution and delivery thereof will constitute, the legal, valid and binding
obligation of each of Holdings, the Borrower and its Restricted Subsidiaries that is a party hereto or thereto, enforceable against it in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization,
moratorium or other similar laws affecting creditors’ rights generally, by general equitable principles or by principles of good faith and fair dealing. 

Section 5.03. No Violation. The execution, delivery and performance by each of Holdings, the Borrower and its Restricted
Subsidiaries of this Agreement and each of the other Credit Documents to which it is or will be a party, and compliance by it with the terms hereof and thereof, do not and will not (i) violate any provision of the Organization Documents of such
Person, (ii) subject to the receipt of the approvals and consents listed on Schedule 5.03, contravene any material Requirement of Law applicable to it (except to the extent such contravention would not reasonably be expected to have a
Material Adverse Effect) or (iii) conflict with, result in a breach of or constitute (with due notice, lapse of time or both) a default under (A) the Senior Notes Documents or (B) any other material agreement to which it is a party
(except to the extent such conflict, breach or default would not reasonably be expected to have a Material Adverse Effect). 

  
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 Section 5.04. Governmental and Third-Party Authorization; Permits. No material
consent, approval, authorization or other action by, notice to, or registration or filing with, any Governmental Authority or other Person is or will be required as a condition to or otherwise in connection with the due execution, delivery
and performance by each of Holdings, the Borrower and its Restricted Subsidiaries of this Agreement or any of the other Credit Documents to which it is or will be a party, other than (i) filings of UCC financing statements and other instruments
and actions necessary to perfect the Liens created by the Security Documents, (ii) consents, authorizations and filings that have been (or on or prior to the Closing Date will have been) made or obtained and that are (or on the Closing Date
will be) in full force and effect, (iii) any filings required to release Liens securing the Indebtedness being repaid in connection with the Refinancing and (iv) such consents, approvals, authorizations or other actions the failure of
which to be obtained or made could not reasonably be expected to have a Material Adverse Effect. 
 Section 5.05.
Litigation. There are no actions, investigations, suits or proceedings (including arbitration proceedings) pending or threatened in writing before any Governmental Authority or arbitrator (a) against or affecting the Borrower or any of its
Restricted Subsidiaries or any of their respective properties or (b) with respect to this Agreement or any of the Credit Documents or the consummation of the transactions contemplated hereby or thereby, in the case of each of clauses
(a) and (b) above, that would, if adversely determined, reasonably be expected to have a Material Adverse Effect. 

Section 5.06. Taxes. Except as set forth in Schedule 5.06, each of Holdings, the Borrower and its Restricted
Subsidiaries has timely filed all federal, state and other tax returns and reports, domestic and foreign (as applicable), required to be filed by it and has paid all Taxes, assessments, fees and other charges levied upon it or upon its properties
that are due and payable, other than those that are being contested in good faith and by appropriate proceedings and for which adequate reserves have been established in accordance with GAAP or the failure of which to be filed or paid could not
reasonably be expected to result in a Material Adverse Effect. 
 Section 5.07. Subsidiaries. Schedule 5.07
sets forth a list, as of the Closing Date, of all of its Subsidiaries of Holdings and, as to each such Subsidiary, the ownership interest therein held by Holdings or the applicable Subsidiary and the type of entity of Holdings and its Subsidiaries.
Except for the shares of Capital Stock expressly indicated on Schedule 5.07, as of the Closing Date there are no shares of Capital Stock, warrants, rights, options or other equity securities, or other Capital Stock of any Subsidiary of Holdings
outstanding or reserved for any purpose. All outstanding shares of Capital Stock of each Subsidiary of Holdings are duly and validly issued, fully paid and non-assessable (except as expressly indicated otherwise in Schedule 5.07) and are owned by
Holdings or the Borrower, directly or indirectly, free and clear of all Liens other than (a) the Liens created pursuant to the applicable Security Documents and (b) Permitted Liens.  

Section 5.08. Full Disclosure. Holdings represents and warrants that (a) as of the Closing Date, all written
information concerning Holdings and its Subsidiaries (other than the Projections, other forward-looking information and information of a general economic or general industry nature) included in the Information Memorandum or otherwise prepared by or
on behalf of Holdings or any of its respective representatives and made available to any Lender on or before the Closing Date (the “Information”), when taken as a whole, did not, when furnished, 

  
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contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements contained therein not materially misleading in light of the
circumstances under which such statements are made (after giving effect to all supplements and updates thereto from time to time provided on or prior to the Closing Date) and (b) the Projections have been prepared in good faith based upon
assumptions believed by Holdings to be reasonable at the time furnished (it being understood that the Projections are as to future events and are not to be viewed as facts and are subject to significant uncertainties and contingencies many of which
are beyond the control of Holdings, that no assurance can be given that any particular financial projection will be realized, that actual results may differ from projected results and that such differences may be material). 

Section 5.09. Margin Regulations. None of Holdings, the Borrower nor any of its Restricted Subsidiaries is engaged
principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying Margin Stock. No proceeds of the Loans will be used, directly or indirectly, to purchase or carry any Margin Stock, to
extend credit for such purpose or for any other purpose that would violate or be inconsistent with Regulations T, U or X. 

Section 5.10. No Material Adverse Effect. Since December 31, 2013, there has been no event, condition or state of
facts that has resulted, or would reasonably be expected to result, in a Material Adverse Effect. 
 Section 5.11.
Financial Matters. (a) The Borrower has heretofore furnished to the Administrative Agent copies of the financial statements referred to in Section 4.01(h). Each of the financial statements described
in 4.01(h)(i) and 4.01(h)(ii), has been prepared in accordance with GAAP and fairly presents in all material respects the consolidated financial condition of the Holdings as of its respective date and
the consolidated results of operations or cash flows, as the case may be, of Holdings for the period covered thereby, subject, in the case of the financial statements described in clause (ii) above, to the absence of footnote disclosure and to
normal year-end adjustments.  
 (b) The unaudited pro forma financial statements referred to in Section 4.01(h)(iii), a
copy of which has heretofore been delivered to the Administrative Agent, gives pro forma effect to the consummation of the Transactions, as if the Transactions had occurred as of June 29, 2014 (the “Pro Forma Financial
Statements”). The Pro Forma Financial Statements have been prepared in good faith by Holdings and presents fairly in all material respects the financial condition of Holdings and its Subsidiaries. 

(c) As of the Closing Date and after giving effect to the Transactions and the incurrence of Indebtedness in connection therewith under this
Agreement and the Senior Notes Documents, (i) the sum of the debt (including contingent liabilities) of the Borrower and its Restricted Subsidiaries, taken as a whole, does not exceed the fair saleable value (on a going concern basis) of the
assets of the Borrower and its Restricted Subsidiaries, taken as a whole; (ii) the capital of the Borrower and its Restricted Subsidiaries, taken as a whole, is not unreasonably small in relation to the business of the Borrower and its
Restricted Subsidiaries, taken as a whole, contemplated as of the Closing Date; and (iii) the Borrower and its Restricted Subsidiaries, taken as a whole, do not intend to incur, or believe that they will incur, debts (including current

  
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obligations and contingent liabilities) beyond their ability to pay such debt as they mature in the ordinary course of business. For the purposes of the foregoing, the amount of any contingent
liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of whether
such contingent liabilities meet the criteria for accrual under Statement of Financial Accounting Standard No. 5). 

Section 5.12. Ownership of Properties. Except as set forth on Schedule 5.12, the Borrower and each of its Restricted
Subsidiaries (i) has good, valid fee simple title (or similar concept under any applicable jurisdiction) to all real property owned by it, (ii) holds interests as lessee under valid leases with respect to all material leased real property
used in connection with its business, and (iii) has good title to its personal property used in connection with its business (except, in each case, (x) for defects in title that do not materially interfere with their ability to conduct
their business as currently conducted or to utilize such properties and assets for their intended purposes or (y) where the failure to have such title would not reasonably be expected to have a Material Adverse Effect), and in each case under
(i), (ii) and (iii) above free and clear of all Liens other than Permitted Liens. As of the Closing Date, Schedule 5.12 sets forth an accurate and complete list of all owned real property interests of the Credit Parties with a book
value of more than $1,000,000 and all leased real property interests of the Credit Parties with aggregate annual lease payments of more than $100,000, indicating in each case, the address of the property and whether such interest is a fee ownership
interest or a leasehold interest, and if such interest is a leasehold interest, whether any Credit Party is the lessor or the lessee. 

Section 5.13. ERISA. (a) Except as could not, either individually or in the aggregate, reasonably be expected to
result in a Material Adverse Effect, each Plan is in compliance with the applicable provisions of ERISA, the Code and other applicable federal or state laws.  

(b) (i) No ERISA Event has occurred or is reasonably expected to occur; (ii) no Plan has any Unfunded Pension Liability; and
(iii) neither any Credit Party or any ERISA Affiliate has engaged in a transaction that could be subject to Sections 4069 or 4212(c) of ERISA; except, with respect to each of the foregoing clauses of this Section 5.13(b), as
would not reasonably be expected to result in a Material Adverse Effect. 
 (c) There are no pending or, to the best knowledge of the any
Credit Party or any ERISA Affiliate, threatened claims, actions or lawsuits, or action by any Governmental Authority, with respect to any Plan that could reasonably be expected to have a Material Adverse Effect. 

Section 5.14. Environmental Matters. (a) Except as would not be reasonably expected to result in a Material Adverse
Effect, (i) no Hazardous Substances are or have been generated, used, located, released, treated, disposed of or stored by the Borrower or any of its Subsidiaries or, to the Knowledge of the Borrower or any of its Restricted Subsidiaries, by
any other Person (including any predecessor in interest) or otherwise, in, on or under any portion of any real property, leased, owned operated or otherwise used by the Borrower and its Subsidiaries, except in compliance with all applicable
Environmental Laws, (ii) no portion of any such real property or, to the Knowledge of the Borrower or any of its Restricted Subsidiaries, any other real property at any time leased, owned, operated or otherwise used by the Borrower and its 

  
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Subsidiaries or any of their respective predecessors in interest, has been contaminated by any Hazardous Substance; and (iii) no portion of any real property, leased, owned operated or
otherwise used by the Borrower and its Subsidiaries has been or is presently the subject of an environmental audit, assessment, investigation or remedial action. 

(b) Except as would not reasonably be expected to result in a Material Adverse Effect, no portion of any real property, leased, owned,
operated or otherwise used by the Borrower or any of its Subsidiaries (i) has been used by the Borrower or any of its Subsidiaries or, to the Knowledge of the Borrower or any of its Restricted Subsidiaries, by any other Person, as or for a
mine, a landfill, a dump or other disposal facility, a gasoline service station, or (other than for petroleum substances stored in the ordinary course of business) a petroleum products storage facility; or (ii) has, pursuant to any
Environmental Law, been placed on the “National Priorities List” or “CERCLIS List” (or any similar federal, state, local or foreign list of sites subject to possible environmental problems). 

(c) Each of the Borrower and its Restricted Subsidiaries and each of their respective activities and operations are in compliance with the
requirements of all applicable Environmental Laws; each of the Borrower and its Restricted Subsidiaries has obtained all licenses and permits under Environmental Laws necessary to its respective operations; all such licenses and permits are being
maintained in good standing; and each of the Borrower and its Restricted Subsidiaries is in compliance with all terms and conditions of such licenses and permits, except for any failure to comply with Environmental Laws or failure to obtain,
maintain or comply with such licenses and permits which would not be reasonably expected, individually or in the aggregate, to have a Material Adverse Effect. Neither the Borrower nor any of its Subsidiaries is the subject of any suit, action or
proceeding, or has received any notice, complaint or other request for information from any Governmental Authority or other Person, with respect to any actual or alleged Environmental Claims which would be reasonably expected, individually or in the
aggregate, to have a Material Adverse Effect; and, to the Knowledge of the Borrower or any of its Restricted Subsidiaries, there are no threatened actions, suits, proceedings or investigations with respect to any such Environmental Claims, nor any
basis therefor. 
 Section 5.15. Compliance with Laws. Each of Holdings, the Borrower and its Restricted Subsidiaries is
in compliance with all applicable Requirements of Law in respect of the conduct of its business and the ownership and operation of its properties, except for such Requirements of Law the failure to comply with which, individually or in the
aggregate, would not be reasonably expected to have a Material Adverse Effect. 
 Section 5.16. Investment Company
Act. No Credit Party is an “investment company,” a company “controlled” by an “investment company,” or an “investment advisor,” within the meaning of the Investment Company Act of 1940, as amended.

 Section 5.17. Insurance. The properties of the Credit Parties are insured with financially sound and reputable
insurance companies not Affiliates of the Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged in similar businesses and owning similar properties in localities where the applicable
Credit Party operates. 

  
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 Section 5.18. Security Documents. Subject to Section 6.12, the provisions
of this Agreement and the other Credit Documents are and will be effective to create in favor of the Administrative Agent, for its benefit and the benefit of the Secured Parties, a valid and enforceable security interest in and Lien upon the
Collateral purported to be pledged, charged, mortgaged or assigned by it thereunder and described therein, subject, in the case of enforceability, to applicable bankruptcy, insolvency or similar laws affecting creditors’ rights generally and to
general principles of equity and principles of good faith and fair dealing, and upon the making of such filings and the taking of such other actions required to be taken hereby or by the applicable Credit Documents (including (a) the filing of
appropriate UCC financing statements and continuations thereof in the jurisdictions specified therein, (b) with respect to United States copyright registrations, United States patents and pending patent applications, and United States federal
trademark registrations and trademark applications, in each case, the recordation of an appropriate short-form Intellectual Property Security Agreement in the U.S. Patent and Trademark Office or U.S. Copyright Office, as applicable, (c) the
proper recordation of Mortgages and fixture filings with respect to the Mortgaged Properties and (d) the delivery to the Administrative Agent of any certificates evidencing the certificated securities required to be delivered pursuant to the
applicable Credit Documents, duly endorsed or accompanied by duly executed stock powers (where applicable)), such security interest and Lien shall constitute a fully perfected Lien (with the priority such Liens are expressed to have under the
relevant Security Document) upon such right, title and interest of the Credit Parties, in and to such Collateral (to the extent such Liens are required to be perfected under the terms of the Credit Documents), to the extent that such security
interest and Lien can be perfected by such filings, actions, giving of notice and possession, subject only to Permitted Liens. 

Section 5.19. Labor Matters. Except as set forth on Schedule 5.19 or as would not reasonably be expected to result in
a Material Adverse Effect, there is no strike, lock-out, slowdown, stoppage, walkout or other material labor dispute pending or, to the Knowledge of the Borrower, threatened, against the Borrower or any of its Restricted Subsidiaries. 

Section 5.20. Anti-Terrorism Laws.  

(a) None of (x) Holdings, the Borrower or any of its Restricted Subsidiaries, or any director, officer or employee of the foregoing nor
(y) to the Knowledge of the Borrower, any agent or Affiliate of Holdings, the Borrower or any of its Restricted Subsidiaries, is (i) a Person on the list of “Specially Designated Nationals and Blocked Persons” or
(ii) currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the United States Treasury Department (“OFAC”); and the Borrower will not directly or indirectly use the proceeds of the Loans or any
Letter of Credit or otherwise make available such proceeds to any Person for the purposes of financing the activities of any Person currently subject to any U.S. sanctions administered by OFAC, except to the extent licensed or otherwise approved by
OFAC. 
 (b) To the extent applicable, each Credit Party is in compliance, in all material respects with the (i) Trading with the Enemy
Act and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V) and any other enabling legislation or executive order relating thereto, and (ii) the PATRIOT Act. 

  
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 (c) No part of the proceeds of any Loan or any Letter of Credit will be used, directly or
indirectly, for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or
obtain any improper advantage, in violation of the U.S. Foreign Corrupt Practices Act of 1977. 
 (d) The representations and warranties
contained in this Section 5.20 made with respect to any Foreign Subsidiary, solely with respect to such Foreign Subsidiary, are subject to any Requirements of Law applicable to such Foreign Subsidiary; provided that to the extent
any of the representations or warranties contained in clauses (a), (b) or (c) above with respect to such Foreign Subsidiary is prohibited, as a result of Requirements of Law, from being made, then such Foreign Subsidiary shall be in
compliance in all material respects with the equivalent Requirements of Law, if any, relating to anti-terrorism, anti-corruption or money laundering applicable to such Foreign Subsidiary in its local jurisdiction. 

Section 5.21. Intellectual Property. Except as set forth on Schedule 5.21, the Borrower and each of its Restricted
Subsidiary possesses or has rights to use all patents, copyrights, trademarks, service marks, trade names, domain name registrations and licenses to use any of the foregoing (“Intellectual Property”), that are material
to the operation of their respective business as currently conducted and the use of Intellectual Property by such Person is not infringing upon any Intellectual Property rights held by any other Person, except in each case, as could not reasonably
be expected to have a Material Adverse Effect. 
 ARTICLE 6 

AFFIRMATIVE COVENANTS 

Until the date that all Revolving Credit Commitments have expired or been terminated and the principal of and interest on each Loan and
all fees, expenses and other amounts payable under any Credit Document (other than contingent indemnification obligations for which no claim or demand has been made) have been paid in full in Cash and all Letters of Credit have expired or have been
terminated (or have been collateralized or back-stopped by a letter of credit or otherwise in a manner reasonably satisfactory to the applicable Issuing Lender) and all Reimbursement Obligations shall have been reimbursed (such date, the
“Termination Date”), each of Holdings solely with respect to Sections 6.03(a), 6.05 and 6.09 and the Borrower covenant and agree that: 

Section 6.01. Financial Statements and Reports. The Borrower will deliver to the Administrative Agent for delivery to each
Lender: 
 (a) as soon as available, and in any event within 45 days (or, to the extent a Qualifying IPO has not been consummated, in
the case of the fiscal quarter ending March 31, 2015, 60 days), after the end of each of the first three fiscal quarters of each fiscal year commencing with the first full fiscal quarter ending after the Closing Date; provided that, unaudited
consolidated balance sheets of the Borrower and its Subsidiaries as of the end of such fiscal quarter and related statements of income and cash flows for the Borrower and its Subsidiaries for the fiscal quarter then ended, in each case setting forth
comparative consolidated figures (including calculation of Consolidated EBITDA) for the corresponding period in the 

  
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preceding fiscal year (provided that the Borrower shall not be required to provide such comparative figures until the financial statements for the fiscal quarter ended on or about
September 30, 2015 have been delivered), all in reasonable detail and prepared in accordance with GAAP (subject to the absence of notes required by GAAP and subject to normal year-end adjustments); 

(b) as soon as available and in any event within 90 days (or, to the extent a Qualifying IPO has not been consummated, in the case of the
fiscal year ending December 31, 2014, 120 days), after the end of each fiscal year commencing after the Closing Date, an audited consolidated balance sheet of the Borrower and its Subsidiaries as of the end of such fiscal year and related
statements of income and cash flows for the Borrower and its Subsidiaries for the fiscal year then ended, including the notes thereto, in each case setting forth comparative figures (including calculation of Consolidated EBITDA) as of the end of and
for the preceding fiscal year (provided that the Borrower shall not be required to provide such comparative figures until the financial statements for the fiscal year ended on or about December 31, 2015 have been delivered), all in reasonable
detail and certified by an independent certified public accounting firm of recognized national standing, together with (y) a report thereon by such accountants that is not qualified as to going concern or scope of audit (except for any such
qualification pertaining to impending debt maturities of any Indebtedness occurring within 12 months of such audit or any breach of any financial covenant) and to the effect that such financial statements present fairly the consolidated financial
condition and results of operations of the Borrower and its Subsidiaries as of the dates and for the periods indicated in accordance with GAAP; 

(c) as soon as available, and in any event within 60 days after the beginning of each fiscal year commencing after the Closing Date,
consolidated financial projections of the Borrower and its Subsidiaries (showing such financial projections on a quarterly basis for each fiscal quarter in such fiscal year, including forecasted consolidated balance sheets and forecasted
consolidated statements of income and cash flows); and 
 (d) concurrently with each delivery of the financial statements described in
Sections 6.01(a) and 6.01(b), a customary narrative report describing the financial condition and results of operation for such fiscal quarter (or fiscal year, as applicable) and with regard to quarterly financial statements, the then elapsed
portion of the fiscal year, in each case, with a comparison against the corresponding period in the prior fiscal year. 
 The
Borrower and each Lender acknowledge that certain of the Lenders may be Public Lenders and, if documents or notices required to be delivered pursuant to this Section 6.01 or otherwise are being distributed through IntraLinks/IntraAgency,
SyndTrak Online or another relevant secure website or other secure electronic information platform (the “Platform”), any document or notice that the Borrower has indicated contains Non-Public Information shall not be posted on that
portion of the Platform designated for such Public Lenders. The Borrower agrees, upon the reasonable written request of the Administrative Agent, to clearly designate all information provided to the Administrative Agent by or on behalf of the
Borrower which is suitable to make available to Public Lenders. If the Borrower has not indicated whether a document or notice delivered pursuant to this Section 6.01 contains Non-Public Information, the Administrative Agent shall post such
document or notice solely on that portion of the Platform designated for Lenders who wish to receive material Non-Public Information with respect to the Borrower and its Subsidiaries and their securities. 

  
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 Notwithstanding the foregoing, the obligations in paragraphs (a) through (d) of this
Section 6.01 may be satisfied by furnishing (A) the applicable financial statements, narrative reports or other information required by such paragraphs of Holdings (or any other Parent Company) and/or (B) the Borrower’s or
Holdings’ (or any other Parent Company thereof), as applicable, Form 10-K or 10-Q, as applicable, filed with the SEC or otherwise made available to the Administrative Agent for delivery to each Lender, in each case, within the time periods
specified in such paragraphs; provided, that with respect to each of clauses (A) and (B) hereof, (i) to the extent such financial statements relate to any Parent Company, such financial statements shall be accompanied by
consolidating information that explains in reasonable detail the differences between the information relating to such Parent Company, on the one hand, and the information relating to the Borrower and its Restricted Subsidiaries on a standalone
basis, on the other hand, which consolidating information shall be certified by a Responsible Officer of the Borrower as having been fairly presented in all material respects and (ii) to the extent such financial statements are in lieu of
statements required to be provided under Section 6.01(b), such statements shall be accompanied by a report of an independent certified public accounting firm of recognized national standing, which report shall satisfy the requirements set forth
in Section 6.01(b) as if references in such Section 6.01(b) to the Borrower were references to such Parent Company. 

Section 6.02. Other Business and Financial Information. The Borrower will deliver to the Administrative Agent for delivery
to each Lender: 
 (a) concurrently with each delivery of the financial statements described in Section 6.01(a) and (b), a
Compliance Certificate (including a reconciliation of consolidated net income on a GAAP basis to Consolidated Net Income and Consolidated EBITDA) executed by a Responsible Officer of the Borrower; 

(b) [Reserved]; 
 (c)
following consummation of a Qualifying IPO, promptly upon the sending, filing or receipt thereof, copies of (i) all financial statements, reports, notices and proxy statements that Holdings or any of its Subsidiaries shall send or make
available generally to its shareholders, (ii) all regular, periodic and special reports, registration statements and prospectuses (other than on Form S-8) that Holdings or any of its Subsidiaries shall render to or file with the Securities and
Exchange Commission, the National Association of Securities Dealers, Inc. or any national securities exchange, and (iii) all press releases and other statements made available generally by Holdings or any of its Subsidiaries to the public
concerning material developments in the business of Holdings or any of its Subsidiaries; 
 (d) promptly upon any Responsible Officer of the
Borrower obtaining knowledge thereof, written notice of any of the following: 
 (i) the occurrence of any Default or Event
of Default, together with a written statement of a Responsible Officer of the Borrower specifying the nature of such Default or Event of Default, and the action that the Borrower has taken and proposes to take with respect thereto; 

  
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 (ii) the institution or threatened institution of any action, suit, investigation
or proceeding against or affecting the Borrower or any of its Restricted Subsidiaries, including any such investigation or proceeding by any Governmental Authority (other than routine periodic inquiries, investigations or reviews) or any material
development in any such action, suit, investigation or proceeding, in each case that would, if adversely determined, be reasonably expected, individually or in the aggregate, to have a Material Adverse Effect (but excluding any privileged
information); 
 (iii) the occurrence of any ERISA Event that would reasonably be expected to result in a Material Adverse
Effect, together with (x) a written statement of a Responsible Officer of the applicable Credit Party specifying the details of such ERISA Event and the action that the Borrower has taken or proposes to take with respect thereto, (y) a
copy of any notice with respect to such ERISA Event that may be required to be filed with the PBGC, IRS or U.S. Department of Labor and (z) a copy of any notice delivered by the PBGC, IRS or U.S. Department of Labor to such Credit Party or such
ERISA Affiliate with respect to such ERISA Event; 
 (iv) the occurrence of any of the following: (x) the assertion of
any Environmental Claim against or affecting the Borrower, any of its Restricted Subsidiaries or any of their respective real property, leased, operated or owned; (y) the receipt by the Borrower or any of its Restricted Subsidiaries of notice
of any alleged violation of or noncompliance with or liability under any Environmental Laws; or (z) the taking of any remedial action by the Borrower, any of its Restricted Subsidiaries or any other Person in response to the actual or alleged
generation, storage, release, disposal or discharge of any Hazardous Substances on, to, upon or from any real property, leased, operated or owned by Holdings or any of its Subsidiaries, in each case the extent to which the same would be reasonably
expected to have a Material Adverse Effect; and 
 (v) the occurrence of any other event that has, or would be reasonably
expected to have, a Material Adverse Effect, together with a written statement of a Responsible Officer of the Borrower setting forth the nature thereof and the action that the Borrower has taken and proposes to take with respect thereto (but
excluding any privileged information); and 
 (e) such other information about the business or financial condition of the Borrower or any of
its Restricted Subsidiaries as the Administrative Agent may from time to time reasonably request. 
 Section 6.03. Existence;
Maintenance of Properties. Except as otherwise permitted under Section 8.01, each of Holdings (with respect to clause (a)) and the Borrower will, and the Borrower will cause each of its Restricted Subsidiaries to, (a) maintain and
preserve in full force and effect its legal existence and registration in the jurisdiction of its incorporation, except as expressly permitted otherwise by Section 8.01, (b) obtain, maintain and preserve in full force and effect all other
rights, franchises, licenses, permits, certifications, approvals and authorizations  

  
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required by Governmental Authorities and necessary for the enforceability against it of each Credit Document to which it is a party, or to enable it to perform its obligations under each
Credit Document to which it is a party, to the ownership, occupation or use of its properties or the conduct of its business except to the extent failure to do so would not be reasonably expected to have a Material Adverse Effect; provided,
that in the case of clauses (a) and (b), none of Holdings, the Borrower nor any of its Restricted Subsidiaries, as applicable, shall be required to preserve any such existence (other than with respect to the preservation of existence of the
Borrower), right or franchise, licenses, permits, certifications, approvals or authorizations if such Person or such Person’s board of directors (or similar governing body) shall determine that the preservation thereof is no longer desirable in
the conduct of the business of such Person, and that the loss thereof is not disadvantageous in any material respect to such Person or to the Lenders, and (c) keep all material properties necessary to the normal conduct of business of the
Borrower and its Restricted Subsidiaries in good working order and condition (normal wear and tear and damage by casualty or condemnation excepted) and from time to time make all necessary repairs to and renewals and replacements of such properties,
except to the extent that (x) any of such properties are obsolete or are being replaced in the ordinary course of business, (y) the Borrower or any of its Restricted Subsidiaries determine in good faith that the continued maintenance,
repair, renewal or replacement of any of its properties is no longer commercially practicable and is in the best interest of the Borrower or any of its Restricted Subsidiaries or (z) the failure to maintain such properties or make such repairs,
renewals or replacements could not reasonably be expected to have a Material Adverse Effect. 
 Section 6.04.
Compliance with Laws. (a) The Borrower will, and will cause each of its Restricted Subsidiaries to, comply in all respects with all Requirements of Law applicable in respect of the conduct of its business and the ownership and operation of
its properties (including OFAC, PATRIOT Act and the U.S. Foreign Corrupt Practices Act of 1977) except to the extent failure to so comply would not reasonably be expected to have a Material Adverse Effect; provided that no Foreign Subsidiary
shall be required to comply with Requirements of Law relating to any anti-terrorism, anti-corruption or money laundering of any jurisdiction other than the laws applicable in its jurisdiction of organization if such compliance would cause such
Person to violate the laws of its jurisdiction of organization. Holdings and the Borrower will, and will cause each of the Guarantors to, provide such information as is reasonably requested by the Administrative Agent (or by any Lender through the
Administrative Agent) to the extent such information is necessary for such Person to maintain compliance with the PATRIOT Act or any similar “know your customer” law applicable to the Administrative Agent or such Lender.  

(b) Without limiting Section 6.04(a) in any way, the Borrower will, and will cause each of its Restricted Subsidiaries to,
(i) comply in all respects with all applicable Environmental Laws except to the extent the failure to so comply would not be reasonably expected to have a Material Adverse Effect and (ii) respond to, and take any investigatory, corrective
or remedial actions with respect to, any releases or threatened releases of any Hazardous Substances on, to, upon or from any real property leased, operated or owned by Holdings or any of its Subsidiaries to the extent required for compliance with
any applicable Environmental Laws, except where failure to so comply would not be reasonably expected to have a Material Adverse Effect. 

  
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 Section 6.05. Payment of Taxes. Holdings and the Borrower will, and the
Borrower will cause each of their Restricted Subsidiaries to, pay and discharge all taxes, assessments and governmental charges or levies imposed upon it, upon its income or profits or upon any of its properties, prior to the date on which
penalties would attach thereto, and all lawful claims that, if unpaid, might become a Lien upon any of the properties of Holdings, the Borrower, or any of its Restricted Subsidiaries; provided, however, that neither Holdings, the
Borrower nor any of its Restricted Subsidiaries shall be required to pay any such tax, assessment, charge, levy or claim (a) that is being contested in good faith and by proper proceedings and as to which Holdings, the Borrower or any of its
Restricted Subsidiaries is maintaining adequate reserves with respect thereto in accordance with GAAP, or (b) where the failure to pay or discharge the same could not reasonably be expected to result in a Material Adverse Effect. 

Section 6.06. Insurance. Except where the failure to do so would not reasonably be expected to have a Material Adverse
Effect, the Borrower will, and will cause each of its Restricted Subsidiaries to, maintain with financially sound and reputable insurance companies insurance with respect to its assets, properties and business, against such hazards and liabilities,
of such types and in such amounts, as is customarily maintained by companies in the same or similar businesses similarly situated, including flood insurance with respect to each Flood Hazard Property, in each case in compliance with the National
Flood Insurance Act of 1969 and the Flood Disaster Protection Act of 1973 (where applicable). Subject to Section 6.12, each such policy of property or casualty insurance shall (i) name the Administrative Agent on behalf of the Lenders as
an additional insured thereunder as its interests may appear and (ii) to the extent available from the relevant insurance carrier, in the case of each casualty insurance policy (excluding any business interruption insurance policy), contain a
loss payable clause or endorsement that names the Administrative Agent, on behalf of the Lenders as the loss payee thereunder and, to the extent available, provide for at least 30 days’ prior written notice to the Administrative Agent of any
modification or cancellation of such policy (or 10 days’ prior written notice in the case of the failure to pay any premiums thereunder). 

Section 6.07. Maintenance of Books and Records; Inspection. The Borrower will, and will cause each of its Restricted
Subsidiaries to, (a) maintain proper books, accounts and records, in which full, true and correct entries in all material respects shall be made of all material financial transactions in relation to its business and properties, and prepare all
financial statements required under this Agreement, in each case in accordance with GAAP, and (b) permit employees or agents of the Administrative Agent to visit and inspect its properties and examine or inspect its books, and financial and
accounting records, and make copies and memoranda of them, and to discuss its affairs, finances and accounts with its Responsible Officers and, upon notice to the Borrower, the independent public accountants of the Borrower and its Subsidiaries (and
by this provision the Borrower authorizes such accountants to discuss the finances and affairs of the Borrower and its Subsidiaries, provided that a representative of the Borrower or any of its Subsidiaries shall be entitled to attend any
such meetings with such independent public accountants), all at such reasonable times and from time to time, upon reasonable notice and during business hours, as may be reasonably requested; provided in no event shall the Borrower be
required, prior to the continuance of an Event of Default, to pay any fees or expenses relating to any inspection contemplated hereby more than once in any calendar year; provided that (i) only the Administrative Agent on behalf of the
Lenders may exercise the rights of the Administrative Agent and the Lenders under this Section 6.07(b) and (ii) except as expressly set forth in the proviso below during the continuance of an Event of Default, the Administrative Agent
shall not exercise such rights more often than one time during any calendar  

  
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year; provided, further, that if an Event of Default exists, the Administrative Agent (or any of its representatives or independent contractors) may do any of the foregoing at the expense of
the Borrower at any time during normal business hours and upon reasonable advance notice; provided, further that notwithstanding anything to the contrary herein, neither the Borrower nor any Restricted Subsidiary shall be required to
disclose, permit the inspection, examination or making of copies of or taking abstracts from, or discuss any document, information, or other matter (A) that constitutes non-financial trade secrets or non-financial proprietary information of the
Borrower and its subsidiaries and/or any of its customers and/or suppliers, (B) in respect of which disclosure to the Administrative Agent or any Lender (or any of their respective representatives or contractors) is prohibited by applicable
Requirements of Law, (C) that is subject to attorney-client or similar privilege or constitutes attorney work product or (D) in respect of which Holdings, the Borrower or any Restricted Subsidiary owes confidentiality obligations to any
third party. 
 Section 6.08. Use of Proceeds. The Borrower shall use the proceeds of the Initial Revolving Loans
(a) on the Closing Date in an aggregate principal amount of up to $25,000,000 to finance a portion of the Transactions (including the payment of costs related to the Transactions) and for working capital needs and other general corporate
purposes and (b) after the Closing Date, to finance the working capital needs and other general corporate purposes of the Borrower and its Subsidiaries (including for capital expenditures, acquisitions, working capital and/or purchase price
adjustments, the payment of transaction fees and expenses, other Investments, Restricted Junior Payments and any other purpose not prohibited by the terms of the Credit Documents). The Borrower shall use the proceeds of the Swingline Loans made
after the Closing Date to finance the working capital needs and other general corporate purposes of the Borrower and its Subsidiaries and any other purpose not prohibited by the terms of the Credit Documents. The Borrower shall use proceeds of the
Initial Term Loans solely to finance a portion of the Transactions (including the payment of costs related to the Transactions). No part of the proceeds of any Loan or any Letter of Credit will be used, whether directly or indirectly, (i) for
any purpose that would entail a violation of Regulation T, U or X, (ii) to any Person for the purposes of financing the activities of any Person currently subject to any U.S. sanctions administered by OFAC, except to the extent licensed or
otherwise approved by OFAC or (iii) for any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain,
retain or direct business or obtain any improper advantage, in violation of the U.S. Foreign Corrupt Practices Act of 1977. Letters of Credit may be issued (i) on the Closing Date in the ordinary course of business and to replace or provide
credit support for any letters of credit, bank guarantees and/or surety, customs, performance or similar bonds of the Borrower and its subsidiaries or any of their Affiliates and/or to replace cash collateral posted by any of the foregoing Persons
and (ii) after the Closing Date, for general corporate purposes of the Borrower and its subsidiaries and any other purpose not prohibited by the terms of the Credit Documents. 

  
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 Section 6.09. Additional Collateral; Further Assurances. 

(a) Subject to the provisions of Section 8.05, any Credit Party may from time to time create or acquire new Subsidiaries,
including in connection with Permitted Acquisitions or otherwise, provided that in the case of any such Subsidiary that is a Restricted Subsidiary: 

(i) within the later to occur of (x) the date that is 60 days thereafter or (y) the next date a Compliance
Certificate is required to be delivered following the date of such formation or acquisition (or, in either case, such later date as the Administrative Agent may reasonably agree) of (A) the creation or direct or indirect acquisition of any new
Restricted Subsidiary that is a Domestic Subsidiary (other than any Excluded Subsidiary) or (B) the designation of any Unrestricted Subsidiary that is a Domestic Subsidiary as a Restricted Subsidiary (other than any Excluded Subsidiary), the
Borrower will cause such Domestic Subsidiary to (i) execute and deliver to the Administrative Agent (1) a joinder to this Agreement, pursuant to which such new Domestic Subsidiary shall become a party hereto and shall guarantee the payment
in full of the Secured Obligations under this Agreement and the other Credit Documents substantially in the form attached as Exhibit F hereto and (2) a joinder to the Security Agreement, pursuant to which such new Domestic Subsidiary shall
become a party thereto and shall subject to the terms of the Security Agreement grant to the Administrative Agent a first priority Lien upon and security interest in its assets that constitute Collateral (other than Excluded Assets) as security for
its obligations under the Guaranty, subject only to Permitted Liens, and pursuant to which all of the Capital Stock (other than Capital Stock that qualifies as Disqualified Capital Stock or Excluded Assets) of such new Domestic Subsidiary shall be
pledged to the Administrative Agent and (ii) take such actions as may be required by the terms hereof or of the applicable Security Documents to grant and perfect Liens to the Administrative Agent, for the benefit of itself and the Lenders and
each other Secured Party in any property (subject to the limitations set forth herein and in the other Credit Documents) of such Credit Party which constitutes Collateral, on such terms as are required pursuant to the terms of the Security
Documents, and upon execution and delivery thereof, each such Person shall automatically become a Subsidiary Guarantor hereunder and thereupon shall have all of the rights, benefits, duties and obligations in such capacity under the Credit
Documents; and 
 (ii) the applicable Credit Party will deliver any such other documents, certificates and agreements, in
form and substance reasonably satisfactory to the Administrative Agent, as the Administrative Agent may reasonably request in connection therewith and will take such other action as the Administrative Agent may reasonably request to create in favor
of the Administrative Agent a perfected first priority security interest in the Collateral being pledged pursuant to the documents described above. 

(b) In the event that any Credit Party acquires Realty (other than Realty that qualifies as Excluded Assets) and such interest in such Realty
has not otherwise been made subject to the Lien of the Security Documents in favor of the Administrative Agent, then, in each case, the applicable Credit Party shall promptly (and in any event within 90 days after the acquisition thereof, or such
longer period as the Administrative Agent may reasonably agree) cause such assets to be subjected to a Lien securing the Secured Obligations and will take such actions as shall be reasonably necessary or reasonably requested by the Administrative
Agent to grant and perfect such Liens. The Credit Parties shall, within 90 days following a written request by the Administrative Agent (or such longer period as the Administrative Agent may reasonably agree), cause to be executed and delivered, the
relevant Mortgages to create in favor of the Administrative Agent, a valid and, subject to any filing and/or recording referred to herein, perfected, first-priority security interest in such Realty and, corresponding UCC fixture filings,

  
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flood hazard determination forms, title insurance policies (including any customary endorsements thereto), surveys (or survey updates to the extent sufficient to obtain survey coverage under the
title policy), local counsel opinions and other documentation, that the Administrative Agent shall reasonably request. 
 Notwithstanding
anything to the contrary in this Section 6.09 or any Security Document, no Credit Party shall be required to (x) grant any Lien on, or take any other action with respect to a Lien on, any Excluded Assets or (y) take any other action
or perfect any Lien as provided for in Section 2(d) of the Security Agreement. All Liens required to be granted or perfected pursuant to this Section 6.09 shall be subject to exceptions and limitations consistent with those set forth in
the Security Documents. 
 Section 6.10. Maintenance of Ratings. The Borrower shall use commercially reasonable efforts
to maintain (a) a public corporate family rating issued by Moody’s and a public corporate credit rating issued by S&P and (b) a public credit rating from each of Moody’s and S&P with respect to the Term Loans;
provided that in no event shall the Borrower be required to maintain a specific rating with any such agency. 

Section 6.11. Designation of Subsidiaries. The Borrower may at any time after the Closing Date designate (or redesignate)
any Subsidiary as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that (i) immediately before and after such designation, no Event of Default exists (including after giving effect to the
reclassification of Investments in, Indebtedness of and Liens on the assets of, the applicable Restricted Subsidiary or Unrestricted Subsidiary) and (ii) the Borrower shall be in compliance with the Financial Covenant calculated on a Pro Forma
Basis after giving effect to such designation (and determined on the basis of the financial statements for the most recently ended Test Period at or prior to such time), (iii) no Subsidiary may be designated as an Unrestricted Subsidiary if
such Subsidiary is not similarly characterized as an unrestricted subsidiary under the Senior Notes Documents or any debt subject to a junior lien (to the extent the documentation therefor provides for the ability to designate restricted and
unrestricted subsidiaries) and (iv) the designation of any Restricted Subsidiary as an Unrestricted Subsidiary shall constitute an Investment by the Borrower or its applicable Restricted Subsidiary at the date of designation in an amount equal
to the portion of the fair market value of the net assets of such Restricted Subsidiary attributable to the Borrower’s or its applicable Restricted Subsidiary’s equity interest therein as reasonably estimated by the Borrower (and such
designation shall only be permitted to the extent such Investment is permitted under Section 8.05). The designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence or making, as applicable, at the time
of designation of any then-existing Investment, Indebtedness or Lien of such Restricted Subsidiary, as applicable; provided that upon a redesignation of any Unrestricted Subsidiary as a Restricted Subsidiary, the Borrower shall be deemed to continue
to have an Investment in the resulting Restricted Subsidiary in an amount (if positive) equal to (a) the Borrower’s Investment in such Restricted Subsidiary at the time of such re designation, less (b) the portion of the fair market
value of the net assets of such Restricted Subsidiary attributable to the Borrower’s equity therein at the time of such re designation.  

  
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 Section 6.12. Post-Closing Covenants. The Borrower will, and will cause each
of its Restricted Subsidiaries to, take each of the actions set forth on Schedule 6.12 within the time period prescribed therefor on such schedule (as such time period may be extended by the Administrative Agent in its sole discretion
exercised reasonably). 
 Section 6.13. Lender Calls. Following delivery (or, if later, required delivery) of
the quarterly or annual financial statements pursuant to Sections 6.01(a) or (b), as applicable, promptly following the reasonable request therefor by the Administrative Agent, the Borrower will host a conference call, at a time selected by the
Borrower and reasonably acceptable to the Administrative Agent, with the Lenders to review the financial information presented therein. 

ARTICLE 7 

FINANCIAL COVENANT 

Until the Termination Date has occurred, the Borrower covenants and agrees that: 

Section 7.01. Financial Covenant. Commencing with the last day of the first full fiscal quarter ending after the Closing Date, on
the last day of each fiscal quarter on which the Revolving Facility Test Condition is then satisfied, the Borrower shall not permit the First Lien Leverage Ratio to be greater than 3.50:1.00. 

Section 7.02. Right to Cure. (a) Notwithstanding anything to the contrary set forth in this Agreement
(including Section 7.01), in the event that the Borrower shall have failed to comply with the Financial Covenant for any fiscal quarter with respect to which the Revolving Credit Test Condition is satisfied, the Borrower shall have the right
(collectively, the “Cure Right”), at any time during such fiscal quarter or thereafter until the expiration of 15 Business Days after the date on which financial statements for such fiscal quarter are required to be delivered
pursuant to Section 6.01(a) or (b), as applicable (the “Cure Expiration Date”), to issue Permitted Cure Securities or other equity (such other equity to be on terms reasonably satisfactory to the Administrative Agent) for Cash
or otherwise receive Cash contributions in respect of Permitted Cure Securities, and upon the receipt by the Borrower of such Cash (the “Cure Amount”) pursuant to the exercise by the Borrower of such Cure Right, compliance with the
Financial Covenant shall be recalculated giving effect to the following pro forma adjustment (notwithstanding the absence of a corresponding addback in the definition of Consolidated EBITDA): Consolidated EBITDA shall be increased, solely for the
purpose of determining compliance with the Financial Covenant as of end of such fiscal quarter and for applicable subsequent periods that include such fiscal quarter, and not for any other purpose under this Agreement, by an amount equal to the Cure
Amount and the use of proceeds therefrom will be disregarded for all other purposes under the Credit Documents (including calculating Consolidated EBITDA for purposes of determining basket levels and other items governed by reference to Consolidated
EBITDA, the First Lien Leverage Ratio or the Total Leverage Ratio or the Total Secured Leverage Ratio). 
 (b) If, after giving
effect to the foregoing recalculations (but not, for the avoidance of doubt, taking into account any immediate repayment of Indebtedness in connection therewith, except as provided in clause (c) below), the Borrower shall be in compliance with
the Financial Covenant, then the Borrower shall be deemed to have satisfied the Financial Covenant as of the end of the relevant fiscal quarter with the same effect as though there had been no failure to comply therewith at such date, and the
applicable breach or default of the Financial Covenant that had occurred shall be deemed cured for all purposes of this Agreement. 

  
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 (c) There shall be no pro forma or other reduction of the amount of Indebtedness by the amount of
any Cure Amount for purposes of determining compliance with the Financial Covenant for the fiscal quarter in respect of which the Cure Right was exercised (other than, with respect to any future period, to the extent of any portion of such Cure
Amount that is actually applied to repay Indebtedness). The Cure Amount shall not be included for purposes of determining Unrestricted Cash for purposes of the Financial Covenant for the relevant date of determination. 

(d) Notwithstanding anything herein to the contrary, (i) in each four consecutive fiscal quarter period, there shall be at least two
fiscal quarters in which the Cure Right is not exercised, (ii) the Cure Right shall be exercised on no more than five occasions during the term of this Agreement, (iii) the Cure Amount shall be no greater than the amount required for
purposes of complying with the Financial Covenant and (iv) no Revolving Lender or Issuing Lender shall be required to make any Revolving Loans or issue any Letter of Credit hereunder if a violation of the Financial Covenant has occurred and is
continuing until the expiration of the 15 Business Day period during which the Borrower may exercise a Cure Right, unless and until the Cure Amount is actually received. 

ARTICLE 8 
 NEGATIVE
COVENANTS 
 Until the Termination Date has occurred, Holdings (with respect to Section 8.15 only) and the Borrower
covenant and agree that: 
 Section 8.01. Merger; Consolidation. The Borrower will not, and will not permit or cause any
of its Restricted Subsidiaries to, liquidate, wind up or dissolve, or enter into any consolidation, merger or other combination, or agree to do any of the foregoing; provided, however, that: 

(a) any Restricted Subsidiary of the Borrower may be merged or consolidated with and into the Borrower or any other Restricted
Subsidiary, or be liquidated, wound up or dissolved, or all or any part of its business, property or assets may be conveyed, leased, transferred or otherwise disposed of in one transaction or series of transactions to the Borrower or any Subsidiary
Guarantor; provided that (i) in the case of any such merger or consolidation with or into the Borrower, (A) the Borrower shall be the continuing or surviving Person or (B) if the Person formed by or surviving any
such merger or consolidation is not the Borrower (any such Person, the “Successor Borrower”), (x) the Successor Borrower shall be an entity organized or existing under the law of the U.S., any state thereof or the District of
Columbia, (y) the Successor Borrower shall expressly assume the Obligations of the Borrower in a manner reasonably satisfactory to the Administrative Agent and (z) except as the Administrative Agent may otherwise agree, each Guarantor,
unless it is the other party to such merger or consolidation, shall have executed and delivered a customary reaffirmation agreement with respect to its obligations under the Guaranty and the other Credit Documents; it being understood and agreed
that if the foregoing conditions under clauses (x) through (z) are satisfied, the Successor  

  
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Borrower will succeed to, and be substituted for, the Borrower under this Agreement and the other Credit Documents, and (ii) in the case of any such merger or consolidation with or into
any Subsidiary Guarantor, either (x) a Subsidiary Guarantor (other than a merger or consolidation involving the Borrower) shall be the continuing or surviving Person or the continuing or surviving Person shall expressly assume the obligations
of the relevant Subsidiary Guarantor in a manner reasonably satisfactory to the Administrative Agent or (y) the relevant transaction shall be treated as an Investment and shall comply with Section 8.05; 

(b) Permitted Acquisitions shall be permitted; 

(c) the Transactions shall be permitted; 

(d) any Subsidiary that is not a Subsidiary Guarantor may merge or consolidate with another Person (other than any Credit Party) so long as
(x) the surviving entity is a Subsidiary of the Borrower, (y) such merger or consolidation shall constitute or be necessary to effectuate a Permitted Acquisition and the applicable conditions and requirements of Sections 6.10 and 6.11
shall be satisfied and (z) immediately after giving effect thereto, no Event of Default would exist; 
 (e) in connection with
any acquisition or similar Investment permitted under Section 8.05, any Restricted Subsidiary of the Borrower may merge into or consolidate with any other Person or permit any other Person to merge into or consolidate with it; provided
that (A) the Person surviving such merger shall be a Wholly Owned Subsidiary of the Borrower and (B) in the case of any such merger to which any Credit Party (other than the Borrower) is a party, such Credit Party is the surviving Person;
and 
 (f) the following transactions shall be permitted: (i) the liquidation or dissolution of any Restricted Subsidiary
if the Borrower determines in good faith that such liquidation or dissolution is in the best interests of the Borrower, is not materially disadvantageous to the Lenders and the Borrower or any Restricted Subsidiary receives any assets of any
dissolved or liquidated Restricted Subsidiary; provided that in the case of any liquidation or dissolution of any Credit Party that results in a distribution of assets to any Restricted Subsidiary that is not a Credit Party, such distribution
shall be treated as an Investment and shall comply with Section 8.05 (other than in reliance on clause (o) thereof); (ii) any merger, dissolution, liquidation or consolidation, the purpose of which is to effect (A) any
Disposition otherwise permitted under this Section 8.01 (other than clause (a), (b), or this clause (f)) or (B) any Investment permitted under Section 8.05; and (iii) the conversion of Holdings, the Borrower or any
Restricted Subsidiary into another form of entity, so long as such conversion does not adversely affect the value of the Guaranty or Collateral, if any; provided, however, that after giving effect thereto (i) any Domestic Subsidiary
remains a Domestic Subsidiary and (ii) any Credit Party remains a Credit Party. 
 Section 8.02.
Indebtedness. The Borrower will not, and will not permit or cause any of its Restricted Subsidiaries to, create, incur, assume or suffer to exist any Indebtedness other than: 

(a) Indebtedness incurred under the Credit Documents, the Secured Hedging Obligations and the Secured Cash Management Obligations; 

  
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 (b) Indebtedness existing on the Closing Date and described in Schedule 8.02 and
intercompany Indebtedness outstanding on the Closing Date; 
 (c) accrued expenses (including salaries, accrued vacation and other
compensation), current trade or other accounts payable and other current liabilities arising in the ordinary course of business and not past due more than 90 days except to the extent being contested in good faith and by appropriate proceedings;

 (d) Indebtedness of the Borrower owed to any Restricted Subsidiary and of any Restricted Subsidiary owed to the Borrower or any
other Restricted Subsidiary, provided that: 
 (i) in the case of any Indebtedness of a Restricted Subsidiary
that is a Non-Credit Party owing to any Credit Party, other than to Holdings, such Indebtedness shall be permitted as an Investment by Section 8.05; and 

(ii) all such Indebtedness of any Credit Party owing to any Restricted Subsidiary that is a Non-Credit Party must be
subordinated to the Secured Obligations of such Credit Party on terms reasonably satisfactory to the Administrative Agent, which subordination terms shall permit all payments permitted by Section 8.06(k); 

(e) Indebtedness of the Borrower and any Subsidiary under Derivative Transactions entered into in the ordinary course of business and not for
speculative purposes; 
 (f) purchase money Indebtedness and Indebtedness with respect to Capital Leases incurred prior to or within 270
days of the acquisition or lease or completion of construction, repair or replacement of, or improvement to or installation of, assets which Indebtedness shall not exceed the greater of (i) $90,000,000 and (ii) 3.0% of Consolidated Total
Assets as of the most recently ended Test Period, in aggregate principal amount outstanding at any time; 
 (g) Indebtedness of any Person
that becomes a Restricted Subsidiary, or is merged into or consolidated with a Restricted Subsidiary (in each case, other than as a result of redesignation of, or a merger with, an Unrestricted Subsidiary) or Indebtedness assumed in connection with
an acquisition permitted hereunder after the Closing Date, but only to the extent that (A) such Indebtedness existed at the time such Person became a Restricted Subsidiary or the assets subject to such Indebtedness were acquired, (B) such
Indebtedness was not incurred in contemplation thereof and (C)(i) no Event of Default exists or would result from the consummation of such acquisition and (ii) the Borrower is in compliance with the Financial Covenant; 

(h) Indebtedness evidencing a refunding, refinancing, replacing, renewal or extension of the Indebtedness pursuant to clauses (b), (f),
(g), (k), (l), (o), (r), (t) and (y) of this Section 8.02 (in any case, including any refinancing Indebtedness incurred with respect thereof, “Refinancing Indebtedness”) and any subsequent Refinancing
Indebtedness in respect thereof; provided that at the time of such Refinancing Indebtedness (i) the principal amount of such Indebtedness does not exceed the principal amount of the Indebtedness being refinanced, refunded,
renewed, or replaced, except (A) by an amount equal to unpaid accrued interest and premiums (including tender premiums) thereon plus any committed but undrawn amounts and underwriting discounts, other reasonable and customary fees, commissions,
costs and expenses  

  
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(including upfront fees, original issue discount or initial yield payments) incurred in connection with such refinancing or replacement and (B) by an amount equal to any existing
commitments unutilized thereunder, (ii) the Liens, if any, securing such refunded, renewed, refinanced, replaced, or extended Indebtedness do not attach to any assets in addition to those assets, if any, securing the Indebtedness to be
refunded, renewed, refinanced, replaced, or extended, (iii) such Indebtedness to be incurred shall not mature prior to the stated maturity of such Indebtedness being refunded, renewed, refinanced, replaced or extended, (iv) other than in
the case of Refinancing Indebtedness with respect to Indebtedness incurred pursuant to clauses (b), (f), (g) and (z) of this Section 8.02, such Indebtedness to be incurred shall have an Average Life equal to or greater than the
Average Life of such Indebtedness being refunded, renewed, refinanced, replaced or extended, (v) the obligors and guarantors in respect of such Refinancing Indebtedness to be incurred shall be the same such obligors and guarantors in respect of
the Indebtedness being refunded, renewed, refinanced, replaced or extended and (vi) the terms of such refunding, renewal, refinancing, replacement or extension are not, taken as a whole (as reasonably determined by the Borrower), materially
less favorable to such Person, the Administrative Agent or the Lenders than the original Indebtedness (other than any covenants or any other provisions applicable only to periods after the Latest Maturity Date as of such date); 

(i) Indebtedness arising from agreements providing for indemnification, adjustment of purchase price or similar obligations (including
contingent earn-out obligations) incurred in connection with any disposition permitted hereunder, any acquisition or other purchase of assets or Capital Stock permitted hereunder, and Indebtedness arising from guaranties, letters of credit, bank
guaranties, surety bonds, performance bonds or similar instruments securing the performance of the Borrower or any such Restricted Subsidiary pursuant to such agreement; 

(j) Indebtedness (i) which may be deemed to exist pursuant to any performance and completion guaranties or customs, stay, performance,
bid, surety, statutory, appeal, performance and return of money bonds, tenders, statutory obligations, leases, governmental contracts, trade contracts or other similar obligations incurred in the ordinary course of business or (ii) in respect
of any letters of credit, bank guaranties, surety bonds, performance bonds or similar instruments to support any of the foregoing items; 

(k) the Senior Notes; 

(l) Indebtedness incurred to finance acquisitions permitted hereunder after the Closing Date; provided that (A) no Event of
Default exists (or would result therefrom), (B) the Borrower is in compliance with the Financial Covenant whether or not then in effect and calculated on a Pro Forma Basis after giving effect thereto and (C) if such Indebtedness is
(x) secured on a first lien basis, the First Lien Leverage Ratio shall not exceed 2.25:1.00, (y) secured on a second lien or junior basis, the Total Secured Leverage Ratio shall not exceed 2.25:1.00 and (z) unsecured, the Total
Leverage Ratio shall not exceed 4.00:1.00, in each case calculated on a Pro Forma Basis as of the last day of the most recently ended Test Period; provided that in the case of any such Indebtedness of the Credit Parties incurred pursuant to
clause (C)(x) above, (i) if such Indebtedness is borrowed or issued by any Credit Party, it shall not be guaranteed by any Person that is not a Credit Party or secured by any assets other than the Collateral, (ii) such Indebtedness shall
not have a shorter Average Life than the remaining Average Life of the Term Loans or a maturity date earlier than the then-existing Latest Term Loan Maturity Date, (iii) such  

  
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Indebtedness shall rank pari passu in right of payment and pari passu with respect to security with the Secured Obligations and (iv) in the case of such Indebtedness that
is in the form of loans, the All-in-Yield for such loans shall be subject to the “most favored nation” requirements set forth in Section 2.22(b)(vi), as applicable; and provided, further, that in the case of any such
Indebtedness of the Credit Parties incurred pursuant to clause (C)(y) above, (i) if such Indebtedness is borrowed or issued by any Credit Party, it shall not be guaranteed by any Person that is not a Credit Party or secured by any assets other
than the Collateral and (ii) such Indebtedness shall not have a shorter Average Life than the remaining Average Life of the Term Loans or a maturity date prior to the date that is 91 days after the then-existing Latest Term Loan Maturity Date;
provided, further, that if such Indebtedness incurred pursuant to clause (C)(z) above, such Indebtedness shall not mature or require any scheduled amortization or scheduled payments of principal or be subject to any mandatory
redemption, repurchase, repayment or sinking fund obligation (other than (x) payments as part of an “applicable high yield discount obligation” catch up payment, (y) customary offers to repurchase in connection with any change of
control, Disposition or Casualty Event and (z) customary acceleration rights after an event of default), in each case, prior to the date that is 91 days after the then-existing Latest Term Loan Maturity Date. 

(m) Contingent Obligations (i) incurred by the Borrower or any Restricted Subsidiary in respect of Indebtedness of a Credit Party, other
than Holdings, that is permitted under this Section 8.02 or other obligations of a Credit Party, other than Holdings, that are not prohibited by this Agreement, (ii) incurred by any Non-Credit Party in respect of Indebtedness of a
Non-Credit Party that is permitted under this Section 8.02 or other obligations of a Non-Credit Party that are not prohibited by this Agreement and (iii) incurred by any Credit Party, other than Holdings, in respect of Indebtedness of a
Non-Credit Party that is permitted under this Section 8.02 or other obligations of a Non-Credit Party that are not prohibited by this Agreement, in the case of this clause (iii), in an aggregate outstanding amount not to exceed the portion, if
any, of the Non-Credit Party Investment Amount, on the relevant date of determination that the Borrower elects to apply pursuant to this clause (m)(iii); 

(n) [Reserved]. 
 (o)
Indebtedness of Non-Credit Parties in an aggregate outstanding principal amount not to exceed the greater of $75,000,000 and 2.5% of Consolidated Total Assets as of the last day of the most recently ended Test Period; 

(p) Indebtedness in respect of premium financing arrangements; provided that the aggregate principal amount of such Indebtedness
shall not exceed the annual premium amount and shall be secured only by the Lien described in Section 8.03(y); 
 (q) Permitted
External Refinancing Debt; 
 (r) senior, senior subordinated or subordinated Indebtedness (the Indebtedness incurred pursuant to
this clause (r), the “Ratio Debt”) not to exceed (a) $550,000,000 (less any amounts incurred relying on clause (a) of the definition of Incremental Cap) plus (b) an additional amount so long as (A) no Event of
Default exists (or would result therefrom) and (B)(x) if such Indebtedness is secured on a first lien basis, the First Lien Leverage Ratio would  

  
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not exceed 2.25:1.00; (y) if such Indebtedness is secured on a second or junior lien basis, the Total Secured Leverage Ratio would not exceed 2.25:1.00; and (z) if such Indebtedness
is unsecured or secured by assets of Non-Credit Parties that are not part of the Collateral, the Total Leverage Ratio would not exceed 4.00:1.00, in each case calculated on a Pro Forma Basis as of the last day of the most recently ended Test Period;
provided, that the aggregate principal amount at any time outstanding of any such Indebtedness of Non-Credit Parties under this clause (r) shall not exceed the greater of $75,000,000 and 2.5% of Consolidated Total Assets as of the last
day of the most recently ended Test Period; provided, further, that in the case of any such Indebtedness of the Credit Parties incurred pursuant to clause (B)(x) above, (i) if such Indebtedness is borrowed or issued by any Credit
Party, it shall not be guaranteed by any Person that is not a Credit Party or secured by any assets other than the Collateral, (ii) such Indebtedness shall not have a shorter Average Life than the remaining Average Life of the Term Loans or a
maturity date earlier than the then-existing Latest Term Loan Maturity Date, (iii) such Indebtedness shall rank pari passu in right of payment and pari passu with respect to security with the Secured Obligations and (iv) in
the case of such Indebtedness that is in the form of loans, the All-in-Yield for such loans shall be subject to the “most favored nation” requirements set forth in Section 2.22(b)(vi), as applicable; and provided,
further, that in the case of any such Indebtedness of the Credit Parties incurred pursuant to clause (B)(y) above, (i) if such Indebtedness is borrowed or issued by any Credit Party, it shall not be guaranteed by any Person that is not a
Credit Party or secured by any assets other than the Collateral and (ii) such Indebtedness shall not have a shorter Average Life than the remaining Average Life of the Term Loans or a maturity date prior to the date that is 91 days after the
then-existing Latest Term Loan Maturity Date; provided, further, that if such Indebtedness incurred pursuant to clause (B)(z) above, such Indebtedness shall not mature or require any scheduled amortization or scheduled payments of
principal or be subject to any mandatory redemption, repurchase, repayment or sinking fund obligation (other than (x) payments as part of an “applicable high yield discount obligation” catch up payment, (y) customary offers to
repurchase in connection with any change of control, Disposition or Casualty Event and (z) customary acceleration rights after an event of default), in each case, prior to the date that is 91 days after the then-existing Latest Term Loan
Maturity Date. 
 (s) Indebtedness consisting of unsecured guarantees by the Borrower of operating leases of Subsidiary Guarantors;

 (t) other Indebtedness of the Borrower and/or any Restricted Subsidiary in an aggregate outstanding principal amount not to exceed the
greater of $125,000,000 and 4.00% of Consolidated Total Assets as of the last day of the most recently ended Test Period; 
 (u)
Indebtedness in respect of commercial credit cards, stored value cards, employee credit cards, purchasing cards and treasury management services (including Cash Management Obligations) and other netting services, overdraft protections, automated
clearing-house arrangements, employee credit card programs, controlled disbursement, ACH transactions, return items, interstate depository network service, Society for Worldwide Interbank Financial Telecommunication transfers, cash pooling and
operational foreign exchange management, and, in each case, similar arrangements and otherwise in connection with cash management or customary banking arrangements, including cash management arrangements among Holdings and its Subsidiaries, and
Deposit Accounts, in each case to the extent incurred in the ordinary course of business; 

  
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 (v) Indebtedness representing deferred compensation to employees of the Borrower and its
Subsidiaries; 
 (w) Indebtedness incurred constituting reimbursement obligations with respect to letters of credit issued in the ordinary
course of business in respect of workers compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or other Indebtedness with respect to such similar reimbursement-type
obligations; provided that upon the drawing of such letters of credit or the incurrence of such Indebtedness, such obligations are reimbursed with 30 days following such drawing or incurrence; 

(x) (i) Indebtedness in respect of guarantees of the obligations of suppliers, customers and licensees in the ordinary course of business,
(ii) Indebtedness incurred in the ordinary course of business in respect of obligations of the Borrower or any Subsidiary to pay the deferred purchase price of goods or services or progress payments in connection with such goods and services
and (iii) Indebtedness in respect of any letter of credit, bankers’ acceptance, bank guaranties or similar instrument supporting trade payables, warehouse receipts or similar facilities entered into in the ordinary course of business; 

(y) Indebtedness of the Borrower and/or any Restricted Subsidiary incurred in connection with Sale and Lease-Back Transactions permitted
pursuant to Section 8.14; 
 (z) Indebtedness in respect of any letter of credit or bank guarantee issued in favor of any Issuing
Lender or the Swingline Lender to support any Defaulting Lender’s participation in Letters of Credit issued or Swingline Loans; 
 (aa)
Indebtedness supported by a Letter of Credit in a principal amount not to exceed the face amount of such Letter of Credit; 
 (bb) unfunded
pension fund and other employee benefit plan obligations and liabilities incurred in the ordinary course of business to the extent that the unfunded amounts would not otherwise cause an Event of Default; 

(cc) Indebtedness in an aggregate principal or face amount at any time outstanding not to exceed $25,000,000 in respect of letters of credit,
bank guaranties, surety bonds, performance bonds and similar instruments issued for general corporate purposes; 
 (dd) Indebtedness
consisting of obligations owing under any dealer, customer or supplier incentive, supply, license or similar agreements entered into in the ordinary course of business; 

(ee) Indebtedness consisting of (i) take-or-pay obligations contained in supply arrangements and/or (ii) obligations to reacquire
assets or inventory in connection with customer financing arrangements, in each case, in the ordinary course of business; 

  
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 (ff) customer deposits and advance payments received in the ordinary course of business from
customers for goods and services purchased in the ordinary course of business; 
 (gg) without duplication of any other Indebtedness, all
premiums (if any), interest (including post-petition interest and payment in kind interest), accretion or amortization of original issue discount, fees, expenses and charges with respect to Indebtedness permitted hereunder; and 

(hh) to the extent constituting Indebtedness, obligations incurred in connection with Foreign Factoring Arrangements. 

Section 8.03. Liens. The Borrower will not, and will not permit or cause any of its Restricted Subsidiaries to, directly or
indirectly, make, create, incur, assume or suffer to exist, any Lien upon or with respect to any part of its property or assets, whether now owned or hereafter acquired, other than the following (collectively, “Permitted Liens”):

 (a) Liens securing (i) the Secured Obligations created pursuant to the Credit Documents, any Secured Cash Management Obligations and
any Secured Hedging Obligations and (ii) Permitted External Refinancing Debt that is secured, to the extent that such Permitted External Refinancing Debt is subject to an intercreditor agreement on customary terms reasonably satisfactory to the
Administrative Agent; 
 (b) Liens in existence on the Closing Date and set forth on Schedule 8.03; 

(c) Liens imposed by law, such as Liens of carriers, warehousemen, shippers, mechanics, materialmen and landlords, and other similar Liens
incurred in the ordinary course of business for sums not constituting borrowed money that are not overdue for a period of more than 60 days or that are being contested in good faith by appropriate proceedings and for which adequate reserves have
been established in accordance with GAAP (if so required) or that do not materially detract from the value of the Borrower’s or such Person’s property or assets; 

(d) Liens (i) (other than any Lien imposed by ERISA, the creation or incurrence of which would result in an Event of Default under
Section 9.01(j)) incurred in the ordinary course of business in connection with worker’s compensation, unemployment insurance or other forms of governmental insurance or benefits, or (ii) to secure the performance of letters of
credit, bank guaranties, surety bonds, performance bonds and similar instruments incurred pursuant to Section 8.02 (j) and (dd) and other letters of credit, bids, tenders, statutory obligations, surety, stay, customs and appeal bonds,
trade contracts, leases, government contracts and other similar obligations (other than obligations for borrowed money) entered into in the ordinary course of business; 

(e) Liens for taxes, assessments or other governmental charges or statutory obligations that are (i) not delinquent, (ii) remain
payable without any penalty or (iii) not required to be paid pursuant to Section 6.05; 
 (f) Liens securing Indebtedness
permitted under Section 8.02(f), provided that any such Lien shall not encumber any other property of the Borrower or any of its Restricted Subsidiaries other than the asset acquired with the proceeds of such Indebtedness and proceeds

  
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and products thereof, accessions thereto and improvements thereon (it being understood that individual financings of the type permitted under Section 8.02(f) provided by any lender may be
cross-collateralized to other financings of such type provided by such lender or its affiliates); 
 (g) Liens securing Indebtedness
permitted pursuant to Section 8.02(g) on assets acquired pursuant to a Permitted Acquisition or other permitted Investment, or on property or assets of a Restricted Subsidiary of the Borrower in existence at the time such Restricted Subsidiary
is acquired pursuant to a Permitted Acquisition or other permitted Investment; provided that such Liens are not incurred in connection with or in anticipation of such Permitted Acquisition or other permitted Investment and do not attach to
any other assets of the Borrower or any of its Restricted Subsidiaries other than the property and assets subject to such Liens at the time of such Permitted Acquisition or permitted Investment and the proceeds and products thereof and accessions
thereto; 
 (h) any attachment or judgment Lien not constituting an Event of Default under Section 9.01(h) that is being
contested in good faith by appropriate proceedings and for which adequate reserves have been established in accordance with GAAP (if so required); 

(i) purported Liens evidenced by the filing of UCC financing statements in respect of operating leases or consignment of goods; 

(j) with respect to any real property occupied by the Borrower or any of its Subsidiaries, all easements, rights of way, covenants, licenses,
agreements, declarations, restrictions, defects, encroachments, licenses and similar minor encumbrances on title that do not materially interfere with the ordinary conduct of business of the Borrower or its Subsidiaries, taken as a whole, and do not
materially impair the use of such property for its intended purposes; 
 (k) Liens arising by operation of law under Article 4 of the UCC in
connection with collection of items provided for therein or under Article 2 of the UCC in favor of a reclaiming seller of goods or buyer of goods; 

(l) rights of setoff or bankers’ liens of banks or other financial institutions where the Borrower or any of its Subsidiaries maintain
deposits in the ordinary course of business and which are within the general parameters customary in the banking industry; 
 (m) Liens
attaching solely to (i) cash earnest money deposits in connection with any letter of intent or purchase agreement in connection with any Investment permitted hereunder and (ii) proceeds of an asset disposition permitted hereunder that are
held in escrow to secure obligations under the sale documentation relating to such disposition; 
 (n) Liens in favor of customs and
revenues authorities that secure payment of non-delinquent customs duties in connection with the importation of goods; 
 (o) any leases,
subleases, licenses (including without limitation licenses of intellectual property) or sublicenses granted to others in the ordinary course of business of the Borrower and its Subsidiaries which do not materially interfere with the ordinary conduct
of business of the Borrower and its Subsidiaries; 

  
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 (p) the modification, refinancing, replacement, extension or renewal of any Lien permitted
by Section 8.03(b) or 8.03(f); provided that such Lien shall at no time be extended to cover any assets or property other than such assets or property subject thereto on the Closing Date or the date such asset was acquired, as
applicable; 
 (q) Liens on securities which are the subject of repurchase agreements referred to in the definition of Cash
Equivalents granted under such repurchase agreements in favor of the counterparties thereto; 
 (r) any laws, regulations or ordinances now
or hereafter in effect (including, but not limited to, zoning, building and environmental protection) as to the use, occupancy, subdivision or improvement of the Realty adopted or imposed by any Governmental Authority; 

(s) Liens on assets and Capital Stock of Non-Credit Parties (including Capital Stock owned by such Persons) securing Indebtedness of
Non-Credit Parties permitted pursuant to Section 8.02(g), (h) (solely with respect to the permitted refinancing of Indebtedness permitted pursuant to Sections 8.02(g), (l), (o), (r) and (t)), (l), (o), (r) and (t); 

(t) (i) Liens in connection with Indebtedness permitted by Section 8.02(q) and (y) and (ii) Liens securing Indebtedness
incurred pursuant to Section 8.02(l) and (r), provided that if secured by a Lien on the Collateral on a pari passu basis, such Indebtedness (or any permitted refinancing of such Indebtedness permitted under Section 8.02(h)) is
subject to a pari passu debt intercreditor agreement, and if secured by a Lien on the Collateral on a junior basis, such Indebtedness is subject to a junior lien intercreditor agreement, in each case on customary terms reasonably satisfactory to the
Administrative Agent; 
 (u) Liens of landlords under leases where the Borrower or any of its Restricted Subsidiaries is the tenant,
securing performance by the tenant under the lease arising by statute or under any lease or related contractual obligation entered into in the ordinary course of business; 

(v) other Liens securing obligations of the Borrower and its Restricted Subsidiaries not exceeding the greater of $75,000,000 and 2.5% of
Consolidated Total Assets as of the last day of the most recently ended Test Period in aggregate amount outstanding at any time; 
 (w)
Liens securing Indebtedness permitted pursuant to Section 8.02(h) (solely with respect to the permitted refinancing of Indebtedness permitted pursuant to Sections 8.02(b), (f), (g), (l), (r), (t) and (y)); provided that (i) no such
Lien extends to any asset not covered by the Lien securing the Indebtedness that is being refinanced and (ii) if the Indebtedness being refinanced was subject to intercreditor arrangements, then (A) any refinancing Indebtedness in respect
thereof shall be subject to intercreditor arrangements that are not materially less favorable to the relevant Secured Parties, taken as a whole, than the intercreditor arrangements governing the Indebtedness that is refinanced or (B) the
intercreditor arrangements governing the relevant refinancing Indebtedness shall be otherwise reasonably acceptable to the Administrative Agent; 

(x) (i) Liens that are customary contractual rights of setoff or netting relating to (A) the establishment of depositary relations with
banks not granted in connection with the issuance of Indebtedness, (B) pooled deposit or sweep accounts of the Borrower or any Restricted 

  
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Subsidiary to permit satisfaction of overdraft or similar obligations or to secure negative cash balances in local accounts of Foreign Subsidiaries incurred in the ordinary course of business of
the Borrower or any Restricted Subsidiary, (C) purchase orders and other agreements entered into with customers of the Borrower or any Restricted Subsidiary in the ordinary course of business and (D) commodity trading or other brokerage
accounts incurred in the ordinary course of business, (ii) Liens encumbering reasonable customary initial deposits and margin deposits, (iii) bankers Liens and rights and remedies as to Deposit Accounts and (iv) Liens on the proceeds
of any Indebtedness incurred in connection with any transaction permitted hereunder, which proceeds have been deposited into an escrow account on customary terms to secure such Indebtedness pending the application of proceeds to finance such
transaction; 
 (y) Liens securing insurance premium financing arrangements; provided, that such Liens only encumber the
insurance premiums, policies or dividends with respect to the policies that were financed with the funds advanced under such agreements; 

(z) Liens on Cash or Cash Equivalents arising in connection with the defeasance, discharge or redemption of Indebtedness; 

(aa) Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale of goods entered into in the
ordinary course of business; and 
 (bb) Liens on Cash and Cash Equivalents securing Hedging Obligations (other than Secured Hedging
Obligations); provided that the aggregate amount of all Cash and Cash Equivalents subject to such Liens may at no time exceed $5,000,000. 

Section 8.04. Disposition of Assets. The Borrower will not, and will not permit or cause any of its Restricted Subsidiaries
to, sell, assign, lease, convey, transfer or otherwise dispose (“Disposition” or “Dispose”) of (whether in one or a series of transactions), with a fair market value in excess of
$12,500,000, all or any portion of its assets, business or properties (including, without limitation, any issuance or sale of Capital Stock of any Restricted Subsidiary of the Borrower to any Person other than the Borrower or any of its Restricted
Subsidiaries), or enter into any arrangement with any Person providing for the lease by the Borrower or any of its Restricted Subsidiaries as lessee of any asset that has been sold or transferred by the Borrower or such Restricted Subsidiary to such
Person, except for: 
 (a) Disposition of inventory, goods held for sale and other assets and licenses or leases of intellectual
property (including on an intercompany basis), in each case in the ordinary course of business; 
 (b) the Disposition of used, obsolete,
damaged, worn-out or surplus equipment, or property no longer useful in the conduct of the business or otherwise economically impracticable to maintain, whether now owned or hereafter acquired, in the ordinary course of business; 

(c) Dispositions (including of Capital Stock) among the Borrower and/or any Restricted Subsidiary (upon voluntary liquidation or
otherwise); provided that any such Disposition by a Credit Party to a Person that is a Non-Credit Party shall be (i) for fair market value (as reasonably determined by such Person) and at least 75.0% of the consideration for such
Disposition consists of Cash or Cash Equivalents at the time of such Disposition or (ii) treated as an Investment and otherwise made in compliance with Section 8.05; 

  
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 (d) any transaction permitted under Section 8.01 or 8.06; 

(e) the settlement or write-off of accounts receivable or sale of overdue accounts receivable (including any discount or forgiveness thereof)
for collection in the ordinary course of business; 
 (f) the Disposition of non-core or non-strategic assets acquired in connection
with a Permitted Acquisition or similar investment; provided that (x) to the extent required by Section 2.06(f), such Net Cash Proceeds from any such sale are reinvested or applied in prepayment of the Loans in accordance with the
provisions of Section 2.06(f), (y) immediately after giving effect thereto, no Event of Default would exist and (z) the fair market value of such non-core or non-strategic assets so Disposed shall not exceed 25% of the purchase price
paid for all such assets acquired in such Permitted Acquisition; 
 (g) the Disposition of Cash or Cash Equivalents in the ordinary
course of business; 
 (h) any Disposition of Realty to a Governmental Authority as a result of eminent domain, casualty, foreclosure
or condemnation of such Realty; provided that the Net Cash Proceeds from any such Disposition are subject to the provisions of Section 2.06(e); 

(i) the Disposition of other assets outside the ordinary course of business for fair market value; provided that with respect to
any such Disposition (in a single transaction or in a series of related transactions) with a purchase price in an aggregate amount in excess of $12,500,000, at least 75.0% of the consideration for such Disposition shall consist of Cash or Cash
Equivalents (provided that for purposes of the 75.0% Cash consideration requirement, (w) the amount of any Indebtedness or other liabilities (other than Indebtedness or other liabilities (I) that are subordinated to the Obligations,
(II) that are unsecured or secured by Liens that are expressly junior to the Liens securing the Secured Obligations or (III) that are owed to Holdings, the Borrower or a Restricted Subsidiary) of the Borrower or any applicable Restricted Subsidiary
(as shown on such Person’s most recent balance sheet or in the notes thereto) that are assumed by the transferee of any such assets and for which Holdings, the Borrower and its Restricted Subsidiaries shall have been validly released by all
relevant creditors in writing), (x) the amount of any trade-in value applied to the purchase price of any replacement assets acquired in connection with such Disposition, (y) any securities received by the Borrower or any Restricted
Subsidiary from such transferee that are converted by such Person into Cash or Cash Equivalents (to the extent of the Cash or Cash Equivalents received) within 180 days following the closing of the applicable Disposition and (z) any Designated
Non-Cash Consideration received in respect of such Disposition having an aggregate fair market value, taken together with all other Designated Non-Cash Consideration received pursuant to this clause (z) that is at that time outstanding, not in
excess of $15,000,000 as of the last day of the most recently ended Test Period shall be deemed to be Cash; provided, further, that (i) no Event of Default exists on the date on which the agreement governing such Disposition is
executed or would result after giving effect to the consummation thereof and (ii) the Net Cash Proceeds of such Disposition shall be applied and/or reinvested as (and to the extent) required by Section 2.06(f); 

  
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 (j) to the extent constituting or resulting in a Disposition of assets by the Borrower or any of
its Restricted Subsidiaries, Investments permitted by Section 8.05, Permitted Liens and Sale and Lease-Back Transactions permitted by Section 8.14; 

(k) the termination of a lease due to the default of the landlord thereunder or pursuant to any right of termination of the tenant under the
lease; 
 (l) Dispositions of equipment or real property to the extent that (i) such property is exchanged for credit against the
purchase price of similar replacement property or (ii) the proceeds of such Disposition are reasonably promptly applied to the purchase price of such similar replacement property; 

(m) the lease or sub-lease of any real property not used or necessary in the operations of the Borrower or any Restricted Subsidiary, and the
termination or non-renewal of any real property lease not used or necessary to the operations of the Borrower or any Restricted Subsidiary; 

(n) Dispositions in the ordinary course of business consisting of the abandonment of intellectual property rights which, in the reasonable
good faith determination of the Borrower, are not material to the conduct of the business of the Borrower and its Subsidiaries, taken as a whole; 

(o) Dispositions of Investments in joint ventures or any Restricted Subsidiaries that are not Wholly Owned Subsidiaries to the extent required
by, or made pursuant to, buy/sell arrangements between joint venture or similar parties set forth in the relevant joint venture arrangements and/or similar binding arrangements; 

(p) Dispositions or consignments of equipment, inventory or other assets (including leasehold interests in real property) with respect to
facilities that are temporarily not in use, held for sale or closed; 
 (q) Dispositions in connection with the termination or unwinding of
Derivative Transactions; 
 (r) Dispositions of Capital Stock or Indebtedness of Unrestricted Subsidiaries; 

(s) Dispositions in connection with the Transactions; 

(t) exchanges or swaps, including transactions covered by Section 1031 of the Code (or any comparable provision of any foreign
jurisdiction), of property or assets so long as the exchange or swap is made for fair value (as reasonably determined by the Borrower) for like property or assets; provided that (i) within 90 days of any such exchange or swap, in the
case of any Credit Party and to the extent such property does not constitute an Excluded Asset, the Administrative Agent has a perfected Lien having the same priority as any Lien held on the Realty so exchanged or swapped and (ii) any Net Cash
Proceeds received as a “cash boot” in connection with any such transaction shall be applied and/or reinvested as (and to the extent) required by Section 2.06(f); 

  
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 (u) any merger, consolidation, Disposition or conveyance, the sole purpose and effect of
which is to reincorporate or reorganize (i) any Domestic Subsidiary in another jurisdiction in the U.S. or (ii) any Foreign Subsidiary in the U.S. or any other jurisdiction; provided, that any Credit Party involved in such
transaction does not become an Excluded Subsidiary as a result of such transaction and any Restricted Subsidiary does not become an Unrestricted Subsidiary as a result of such transaction unless the designation of such Restricted Subsidiary as an
Unrestricted Subsidiary is permitted under Section 8.05 at such time; 
 (v) the sale or Disposition of Capital Stock to qualify
directors where required by applicable law or to satisfy Requirements of Law with respect to ownership of the Capital Stock; 
 (w)
Dispositions in connection with the Radford Sale; 
 (x) Dispositions of accounts receivable and related assets of Foreign Subsidiaries
pursuant to any Foreign Factoring Arrangement; and 
 (y) other Dispositions involving assets having a fair market value (as reasonably
determined by the Borrower at the time of the relevant Disposition) in the aggregate of not more than the greater of $20,000,000 and 0.75% of Consolidated Total Assets as of the last day of the most recently ended Test Period. 

Section 8.05. Investments. The Borrower will not, and will not permit or cause any of its Restricted Subsidiaries to,
directly or indirectly, purchase, own, invest in or otherwise acquire any Capital Stock, evidence of indebtedness or security of any Person or any interest whatsoever in any other Person, or make or permit to exist any loans, advances or extensions
of credit to, or any investment in cash or by delivery of property in, any other Person, or purchase or otherwise acquire (whether in one or a series of related transactions) any portion of the assets, business or properties of another Person
(including pursuant to an acquisition), or create or acquire any Subsidiary, or become a partner or joint venturer in any partnership or joint venture (collectively, “Investments”), after the Closing Date, other
than: 
 (a) Cash and Cash Equivalents (or Investments that were Cash Equivalents when made); 

(b) Investments consisting of purchases and acquisitions of inventory, supplies, materials and equipment or licenses or leases of intellectual
property and other assets, in each case in the ordinary course of business; 
 (c) Investments consisting of loans and advances to
directors, officers and employees of Holdings or any Parent Company, the Borrower or any Restricted Subsidiary (i) for reasonable travel, relocation, entertainment and business expenses in the ordinary course of business, (ii) prepaid
expenses incurred in the ordinary course of business and (iii) in connection with the purchase of Capital Stock in Holdings by such directors, employees and officers in an aggregate amount not to exceed the greater of $15,000,000 and 0.50% of
Consolidated Total Assets as of the most recently ended Test Period outstanding at any time; 
 (d) Investments made in connection with the
Transactions; 

  
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 (e) Investments existing on, or contractually committed to as of, the Closing Date and described
in Schedule 8.05 or consisting of intercompany Investments between or among the Borrower and its Subsidiaries outstanding on the Closing Date and any modification, replacement, renewal or extension thereof so long as such modification, renewal
or extension thereof does not increase the amount of such Investment except, in the case of any such Investment described on Schedule 8.05, by the terms thereof as in effect on the date hereof or as otherwise permitted by this
Section 8.05; 
 (f) Investments of the Borrower and any of its Restricted Subsidiaries under Derivative Transactions entered into in
the ordinary course of business and not for speculative purposes; 
 (g) Investments between or among the Borrower and its Subsidiaries,
provided that: 
 (i) the Borrower or such Restricted Subsidiary complies with Section 6.09, to the extent
applicable; 
 (ii) in the case of Investments made by the Borrower and its Restricted Subsidiaries in Unrestricted
Subsidiaries after the Closing Date, the excess of the aggregate principal amount of Investments after the Closing Date made by the Borrower and its Restricted Subsidiaries in Unrestricted Subsidiaries over the aggregate amount of return on capital
by such Unrestricted Subsidiaries to the Borrower and its Restricted Subsidiaries after the Closing Date shall not exceed the greater of $75,000,000 and 2.50% of Consolidated Total Assets as of the last day of the most recently ended Test Period, as
such amount may be increased by the Net Cash Proceeds of substantially concurrent Qualifying Equity Issuances which are Not Otherwise Applied; and 

(iii) in the case of Investments made by the Credit Parties in Non-Credit Parties after the Closing Date, such Investment shall
not exceed the portion, if any, of the Non-Credit Party Investment Amount, on the relevant date of determination that the Borrower elects to apply pursuant to this clause (g)(iii); 

(h) any acquisition by the Borrower or any of its Restricted Subsidiaries of all or substantially all of the assets of, or a division
or line of business of, or all or substantially all of the outstanding Capital Stock (including any Investment which serves to increase the Borrower’s respective equity ownership in any Restricted Subsidiary or in any joint venture, to the
extent such Investment in such Restricted Subsidiary or joint venture results in ownership of all or substantially all of the equity ownership of such Person) in, a Person (any such Person referred to herein as the “Acquired
Entity”; and any acquisition of an Acquired Entity meeting all the criteria of this Section 8.05(h) being referred to herein as a “Permitted Acquisition”) which becomes a Restricted Subsidiary;
provided that at the time of the execution of the definitive documentation for such Permitted Acquisition both before and after giving effect thereto, no Default or Event of Default shall have occurred and be continuing;
provided, that Investments in Acquired Entities that do not become Credit Parties shall not exceed (i) the greater of $90,000,000 and 3.00% of Consolidated Total Assets as of the last day of the most recently ended Test
Period plus (ii) amounts otherwise available under Section 8.05; provided, further, that the limitation described in the immediately preceding proviso shall not apply to any 

  
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Permitted Acquisition to the extent (A) any such Investment is financed with the proceeds of sales of the Qualifying Equity Issuances or (B) each Person so acquired (or the Person
owning the assets so acquired) becomes a Subsidiary Guarantor and all Subsidiaries of such Acquired Entity that are required to become Credit Parties pursuant to Section 6.09 shall become Credit Parties hereunder; 

(i) Investments (including debt obligations and Capital Stock) (i) received by the Borrower or any of its Subsidiaries as a creditor
pursuant to a bankruptcy, insolvency, receivership or plan of reorganization under any Debtor Relief Law of any Person of a composition or readjustment of the debts of such Person, (ii) in settlement of a dispute or delinquent account,
(iii) upon foreclosure with respect to any secured Investment or other transfer of title with respect to any secured Investment and/or (iv) as a result of the settlement, compromise, resolution of litigation, arbitration or other disputes;

 (j) Investments consisting of deposits or prepaid expenses made or incurred in the ordinary course of business; 

(k) any Investment received as non-cash consideration from any Disposition permitted by Section 8.04; 

(l) Investments by the Borrower or any of its Restricted Subsidiaries after the Closing Date in joint ventures or non-Wholly Owned
Subsidiaries in an aggregate amount not to exceed the greater of $50,000,000 and 2.00% of Consolidated Total Assets as of the last day of the most recently ended Test Period, as such amount may be increased by the Net Cash Proceeds of substantially
concurrent Qualifying Equity Issuances which are Not Otherwise Applied; 
 (m) Investments in an aggregate outstanding amount not to exceed
the portion, if any, of the Floating Restricted Junior Payment Amount, on the relevant date of determination that the Borrower elects to apply pursuant to this clause (m); 

(n) Investments after the Closing Date in an aggregate amount, as valued at the time each such Investment is made, not exceeding at any one
time outstanding the greater of $90,000,000 and 3.0% of Consolidated Total Assets as of the most recently ended Test Period; 
 (o)
Investments by the Borrower or any of its Restricted Subsidiaries in an aggregate amount (valued at the time of the making thereof and without giving effect to any write-downs or write-offs thereof) equal to (i) the portion, if any, of the
Available Amount on the date of such election that the Borrower elects to apply to this Section 8.05(o), plus (ii) the portion, if any, of the Available Starter Amount on the date of such election that the Borrower elects to apply to this
Section 8.05(o); provided that no Default shall have occurred and be continuing or would result therefrom; 
 (p)
Investments comprised of notes payable, or Capital Stock issued by account debtors to the Borrower or any Restricted Subsidiary pursuant to negotiated agreements with respect to settlement of such account debtor’s account in the ordinary course
of business; 

  
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 (q) Investments in any Mexican Subsidiary in an aggregate amount outstanding at any time not to
exceed the greater of $50,000,000 and 2.00% of Consolidated Total Assets as of the last day of the most recently ended Test Period (it being understood that to the extent any such Investment has been repaid or otherwise returned to Holdings, the
Borrower or any Restricted Subsidiary in Cash or Cash Equivalents and such returned amount shall not have been previously applied to increase any other capacity to incur Indebtedness, or make other Investments or Restricted Junior Payments
hereunder, then such returned amount may be reinvested in any Mexican Subsidiary so long as at the time of such reinvestment, no Event of Default shall have occurred and be continuing); 

(r) additional Investments so long as the Total Leverage Ratio will not exceed 2.00:1.00 calculated on a Pro Forma Basis as of the last
day of the most recently ended Test Period; 
 (s) Investments consisting of extensions of credit in the nature of accounts
receivable or notes receivable arising from the grant of trade credit in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled account debtors to the extent reasonably
necessary in order to prevent or limit loss; 
 (t) Investments in the Borrower, any Subsidiary and/or any joint venture in connection with
intercompany cash management arrangements and related activities in the ordinary course of business; 
 (u) Investments (i) existing on
the Closing Date in the Borrower or any Subsidiary, and (ii) by a Credit Party and/or any Restricted Subsidiary that is a Non-Credit Party in any Subsidiary which is a Non-Credit Party consisting of the contribution or Disposition of the
Capital Stock of any Subsidiary which is not a Credit Party; 
 (v) Investments consisting of Indebtedness permitted under Section 8.02
(other than Indebtedness permitted under 8.02(d)(i) and (m)), Permitted Liens, Restricted Junior Payments permitted by Section 8.06 (other than Restricted Junior Payments permitted under Section 8.06(r)), and mergers, consolidations,
amalgamations, liquidations, winding up, dissolutions or Dispositions permitted by Section 8.04 (other than Section 8.04(c) (if made in reliance on sub-clause (ii) thereof referring to this Section 8.05) and 8.04(j)); 

(w) Investments to the extent that payment for such Investments is made solely with Capital Stock of any Parent Company or, following a
Qualifying IPO, the Borrower, in each case, to the extent Not Otherwise Applied and not resulting in a Change in Control; 
 (x) (i)
Investments of any Restricted Subsidiary acquired after the Closing Date (other than as a result of a redesignation of any Unrestricted Subsidiary), or of any Person (other than an Unrestricted Subsidiary) acquired by, or merged into or consolidated
or amalgamated with, the Borrower or any Restricted Subsidiary after the Closing Date, in each case pursuant to an Investment otherwise permitted by this Section 8.05 to the extent that such Investments of such Person were not made in
contemplation of or in connection with such acquisition, merger, amalgamation or consolidation and were in existence on the date of such acquisition, merger, amalgamation or consolidation and (ii) any modification, replacement, renewal or
extension of any Investment permitted under clause (i) of this Section 8.05(x) so long as any such modification, replacement, renewal or extension thereof does not increase the amount of such Investment except as otherwise permitted by
this Section 8.05; 

  
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 (y) Investments in Holdings or any Parent Company thereof in amounts and for purposes for
which Restricted Junior Payments to Holdings or Parent Company are permitted under Section 8.06(c) and/or (f); provided that any such Investments made as provided above in lieu of such Restricted Junior Payments shall reduce availability
under the applicable Restricted Junior Payment basket under Section 8.06(c) or (f), as applicable; 
 (z) Investments in
any Subsidiary in connection with reorganizations and activities related to tax planning; provided that after giving effect to any such reorganization and related activities, the security interest of the Administrative Agent in the
Collateral, taken as a whole, is not materially impaired and after giving effect to such Investment, the Borrower and its Subsidiaries shall otherwise be in compliance with Section 6.09; 

(aa) (i) Contingent Obligations with respect to leases (other than Capital Leases) or of other obligations not constituting Indebtedness,
(ii) Contingent Obligations with respect to the lease obligations of suppliers, customers, franchisees and licensees of the Borrower and/or its Restricted Subsidiaries and (iii) Contingent Obligations with respect to utility and raw
material purchases by the Borrower and/or its Restricted Subsidiaries, in each case in the ordinary course of business; 
 (bb) any
Investment made by any Unrestricted Subsidiary prior to the date on which such Unrestricted Subsidiary is designated as a Restricted Subsidiary so long as the relevant Investment was not made in contemplation of the designation of such Unrestricted
Subsidiary as a Restricted Subsidiary; and 
 (cc) Investments in an amount, taken together with all Restricted Junior Payments made
pursuant to Section 8.06(q) below, that does not exceed the amount of Excluded Contributions made since the Closing Date. 

Section 8.06. Restricted Junior Payments. The Borrower will not, and will not permit or cause any of its Restricted
Subsidiaries to, directly or indirectly, declare, order, pay, make or set apart, or agree to declare, order, pay, make or set apart, any sum for any Restricted Junior Payment except that: 

(a) the Borrower may (i) make Restricted Payments payable solely in the form of Capital Stock and (ii) purchase, redeem, retire,
defease or otherwise acquire shares of its Capital Stock with the proceeds received contemporaneously from the issue of new shares of its Capital Stock; 

(b) [Reserved]. 
 (c) the
Borrower may make Tax Distributions; 
 (d) the Borrower may make additional Restricted Junior Payments in an aggregate amount not to exceed
the portion, if any, of the Floating Restricted Junior Payment Amount that the Borrower elects to apply pursuant to this clause (d); 

  
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 (e) the Borrower may make additional Restricted Junior Payments so long as the Total Leverage
Ratio, calculated on a Pro Forma Basis as of the date of declaration or giving irrevocable notice (which may be conditional) in respect thereof, as of the last day of the most recently ended Test Period, does not exceed 2.00:1.00 as of the last day
of the most recently ended Test Period; 
 (f) the Borrower and any of its Restricted Subsidiaries may make Restricted Payments in Cash to
any Parent Company to pay, or the proceeds of which are applied by such Parent Company to pay, cash dividends and distributions to any Parent Company (i) to the extent necessary to permit such Parent Company to pay legal, accounting and
reporting expenses, (ii) to the extent necessary to permit such Parent Company to pay general administrative costs and expenses and to pay reasonable directors fees and expenses, (iii) to the extent necessary to permit any Parent Company
to pay franchise fees or similar taxes and fees required to maintain its organizational existence, (iv) to the extent necessary to pay (x) fees and expenses related to debt or equity offerings, investments or acquisitions (whether or not
consummated) and (y) after the consummation of an initial public offering or issuance of public debt securities, Public Company Costs, (v) for the payment of insurance premiums relating to the ownership or operations of any Parent Company
and (vi) so long as no Event of Default shall have occurred or be continuing as of the date of declaration thereof, to repurchase, redeem, retire or otherwise acquire Capital Stock owned by future, present or former employees, officers,
directors, members of management, managers or consultants (or any immediate family member of the foregoing) (to the extent the purchase price exceeds the amount of outstanding advances made to such individuals in connection with the purchase of
Capital Stock) in an aggregate amount not to exceed the greater of $25,000,000 and 1.0% of Consolidated Total Assets (which shall increase to the greater of $50,000,000 and 2.0% of Consolidated Total Assets after a Qualifying IPO) as of the last day
of the most recently ended Test Period (however, any Restricted Payments permitted to be made (but not made) pursuant to this clause (f)(vi) in a given fiscal year may be carried forward and made in the next succeeding fiscal year), plus the
proceeds of (A) any key man life insurance policy and (B) any Capital Stock purchased by employees of the Borrower and its Restricted Subsidiaries following the Closing Date; 

(g) the Borrower and any of its Restricted Subsidiaries may make Restricted Payments in Cash to Holdings to the extent necessary to facilitate
any payments made on the Closing Date or substantially contemporaneously therewith in connection with the Transactions; 
 (h) to the extent
constituting a Restricted Junior Payment, the Borrower and any Restricted Subsidiary may consummate any transaction permitted by Section 8.01 and Section 8.05 (other than Section 8.05(v)); 

(i) the Borrower or any Restricted Subsidiary may otherwise make any Restricted Junior Payments in an aggregate amount equal to
(i) the portion, if any, of the Available Amount on the date of such election that the Borrower elects to apply this Section 8.06(i), plus (ii) the portion, if any, of the Available Starter Amount on the date of such election that the
Borrower elects to apply this Section 8.06(i), provided that as of the date of declaration or giving irrevocable notice (which may be conditional) in respect of any such Restricted Junior Payment, no Default shall have occurred and be
continuing or would result therefrom; 

  
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 (j) the Borrower may make Restricted Payments in Cash to Holdings the proceeds of which
shall be used to make cash payments in lieu of issuing fractional shares in connection with the exercise of warrants, options or other securities convertible into or exchangeable for Capital Stock of Holdings or their Subsidiaries; provided
that any such cash payment shall not be for the purpose of evading the limitations set forth in this Section 8.06 (as determined in good faith by the Borrower or a Subsidiary of the Borrower); 

(k) the Borrower or any Restricted Subsidiary may (i) make regularly scheduled payments of interest and fees, expenses and
indemnification obligations in respect of any Subordinated Debt, the Senior Notes or Permitted External Refinancing Debt in accordance with the terms of, and to the extent permitted by, any subordination provisions contained in, the indenture or
other agreement pursuant to which such Indebtedness was issued, (ii) purchase, defease, redeem, repurchase or otherwise acquire or retire Subordinated Debt, the Senior Notes or Permitted External Refinancing Debt in connection with any
modification, exchange, refinancing, refunding, renewal, extension, or replacement, thereof permitted under Section 8.02 and (iii) make payments of interest in respect of Subordinated Debt, the Senior Notes or Permitted External
Refinancing Debt in the form of payments in kind, accretion or similar payments; 
 (l) the Borrower may make Restricted Payments to
Holdings (or any Parent Company) to finance any Investment permitted to be made pursuant to Section 8.05 as if such Investment were made by the Borrower or any Restricted Subsidiary; provided that (i) such Restricted Payments shall
be made substantially concurrently with the closing of such Investment and (ii) Holdings (or such Parent Company) shall, promptly following the closing thereof, cause (A) all property acquired (whether assets or Capital Stock) to be
contributed as equity to the Borrower or a Restricted Subsidiary or (B) the merger, consolidation or amalgamation (to the extent permitted hereunder) of the Person formed or acquired into the Borrower or a Restricted Subsidiary in order to
consummate such Investment; 
 (m) following the consummation of the first Qualifying IPO, the Borrower may make (or may make
Restricted Payments to any Parent Company to enable it to) Restricted Payments with respect to any Capital Stock in an amount up to the greater of (x) 6.00% per annum of the net Cash proceeds received by or contributed to the Borrower from
any Qualifying IPO and (y) $30,000,000 in any calendar year; 
 (n) the Borrower or any of its Restricted Subsidiaries may make
Restricted Debt Payments with respect to intercompany Indebtedness between the Borrower and its Subsidiaries permitted under Section 8.02, subject to the subordination provisions applicable thereto; 

(o) (i) Restricted Debt Payments in exchange for, or with proceeds of any issuance of Capital Stock of Holdings (or Parent Company thereto) or
Capital Stock (other than Disqualified Capital Stock) of the Borrower or any Subsidiary Guarantor (other than issuances to the Borrower or a Restricted Subsidiary) and/or any capital contribution in respect of Capital Stock (other than Disqualified
Capital Stock) of the Borrower, in each case, that are Not Otherwise Applied in reliance on the Available Amount and (ii) to the extent constituting a Restricted Debt Payment, payment in kind interest with respect to any such debt that is
permitted under Section 8.02; 

  
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 (p) to the extent constituting a Restricted Junior Payment, the Borrower and any of its
Restricted Subsidiaries may consummate the Transactions and the payment of the related costs associated therewith; and 
 (q) Restricted
Junior Payments in an amount, taken together with all Investments made pursuant to Section 8.05(cc) above, that does not exceed the amount of Excluded Contributions made since the Closing Date. 

Section 8.07. Transactions with Affiliates. The Borrower will not, and will not permit any of its Restricted Subsidiaries
to, enter into any transaction (including, without limitation, any purchase, sale, lease or exchange of property or the rendering of any service) involving, pursuant to such transaction, payments in excess of $5,000,000 in any fiscal year, with any
Affiliate of the Borrower, except upon terms that are no less favorable to it than it would obtain in a comparable arm’s length transaction with a Person other than an Affiliate of the Borrower; provided, however, that nothing contained
in this Section 8.07 shall prohibit: 
 (a) transactions described on Schedule 8.07; 

(b) the payment of reasonable and customary fees to members of its board of directors (or similar governing body); 

(c) transactions pursuant to the Management Consulting Agreements (or any replacement of all or any one of them on substantially
similar terms) and the payment of management, monitoring, consulting, advisory and similar fees pursuant thereto; provided that during the continuance of an Event of Default under Sections 9.01(a), (f) or (g), no payment of such
fees to the Sponsor shall be permitted under this Section 8.07(c) (but indemnification and reimbursement of out-of-pocket costs and expenses shall be permitted), provided, further, that such fees may be accrued during such Event
of Default and may be paid when such Event of Default has been cured or waived; 
 (d) Restricted Junior Payments otherwise permitted
by Section 8.06; 
 (e) transactions between or among Holdings, the Borrower and/or one or more Restricted Subsidiaries to the extent
permitted or not restricted by this Agreement; 
 (f) transfers of property from any Credit Party or Restricted Subsidiary that is a
Non-Credit Party to any Subsidiary to the extent otherwise permitted hereby; 
 (g) compensation and indemnification of and other employment
agreements and arrangements, employee benefit plans and stock incentive plans with, directors, officers and employees of any Credit Party or Restricted Subsidiary that is a Non-Credit Party entered in the ordinary course of business; 

(h) [Reserved]; 
 (i)
transactions with customers, clients, suppliers, joint ventures, purchasers or sellers of goods or services or providers of employees or other labor entered into in the ordinary course of business, which are fair to the Borrower and/or its
applicable Restricted Subsidiary in the good faith determination of the board of directors (or similar governing body) of the Borrower or the senior management thereof, or are on terms at least as favorable as might reasonably have been obtained at
such time from an unaffiliated party; 

  
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 (j) the payment of reasonable out-of-pocket costs and expenses related to registration rights and
customary indemnities provided to shareholders under any shareholder agreement; 
 (k) any transaction in respect of which the Borrower
delivers to the Administrative Agent a letter addressed to the board of directors (or equivalent governing body) of the Borrower from an accounting, appraisal or investment banking firm of nationally recognized standing stating that such transaction
is on terms that are no less favorable to the Borrower or the applicable Restricted Subsidiary than might be obtained at the time in a comparable arm’s length transaction from a Person who is not an Affiliate; 

(l) (i) any purchase by Holdings of the Capital Stock of (or contribution to the equity capital of) the Borrower and (ii) the making of
any intercompany loans by Holdings to the Borrower or any Restricted Subsidiary; 
 (m) any issuance, sale or grant of securities or other
payments, awards or grants in Cash, securities or otherwise pursuant to, or the funding of employment arrangements, stock options and stock ownership plans approved by a majority of the members of the board of directors (or similar governing body)
or a majority of the disinterested members of the board of directors (or similar governing body) of the Borrower in good faith; and 
 (n)
the Transactions including payment of the related costs associated therewith. 
 Section 8.08. Lines of Business. The
Borrower will not, and will not permit or cause any Restricted Subsidiary to, engage in any business other than the businesses engaged in on the Closing Date and businesses and activities that are similar, complementary, ancillary, related
reasonably related or incidental thereto. 
 Section 8.09. Certain Amendments. The Borrower will not, and will not
permit or cause any Subsidiary Guarantor to, without the consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed), (a) amend, modify or change any provision of their respective Organization Documents and
(b) amend, modify or change, or permit the amendment, modification or changing of any documents evidencing the Subordinated Debt, in each case that exceeds an aggregate principal amount equal to the Threshold Amount, other than, in each case,
in a manner that is not materially adverse to the Lenders (taken as a whole); provided that, in the case of clause (a) above, for purposes of clarity, it is understood and agreed that the Borrower and/or any Subsidiary Guarantor may
effect a change to its organizational form and/or consummate any other transaction that is permitted under Section 8.01; provided, further, that in the case of clause (b) above, for purposes of clarity, it is understood and agreed
that the foregoing limitation shall not otherwise prohibit any Refinancing Indebtedness or Permitted External Refinancing Debt or any other replacement, refinancing, amendment, supplement, modification, extension, renewal, restatement or refunding
of any such Indebtedness, in each case, that is permitted under this Agreement in respect thereof. 

  
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 Section 8.10. Limitation on Restrictions on Subsidiary Distributions; Negative
Pledges. Except as provided herein or in any other Credit Document, the Borrower shall not, and shall not permit, any of its Restricted Subsidiaries to, directly or indirectly, create or suffer to exist or become effective any agreement
restricting the ability of (i) any Restricted Subsidiary of the Borrower to make any dividend payments or other distributions to the Borrower or any other Credit Party, (ii) any Restricted Subsidiary to make Cash loans or advances to the
Borrower or any other Credit Party or (iii) any Credit Party to create, permit or grant a Lien on any of its properties or assets to secure the Secured Obligations, in each case other than restrictions: 

(a) existing under or by reason of the Credit Documents or the Senior Notes Documents; 

(b) set forth in any agreement evidencing (i) Indebtedness of a Restricted Subsidiary that is not a Credit Party permitted by
Section 8.02, (ii) Indebtedness permitted by Section 8.02 that is secured by a Permitted Lien if the relevant restriction applies only to the Person obligated under such Indebtedness and its Restricted Subsidiaries or the property or
assets intended to secure such Indebtedness and (iii) Indebtedness permitted pursuant to clauses (f), (g), (h) (as it relates to Indebtedness in respect of clauses (f), (g), (l), (o), (r) and/or (t) of Section 8.02), (l),
(o), (q), (r) and/or (t) of Section 8.02; 
 (c) that are or were created by virtue of any Lien granted upon, transfer of,
agreement to transfer or grant of, any option or right with respect to any property, assets or Capital Stock not otherwise prohibited under this Agreement; 

(d) arising under or as a result of applicable Requirements of Law or the terms of any license, authorization, concession or permit; 

(e) arising under customary non-assignment provisions with respect to assignments, leases, subletting or other transfers (including the
granting of any Lien) contained in leases, subleases, licenses, sublicenses, joint venture agreements and other agreements, in each case entered into in the ordinary course of business; 

(f) imposed by customary provisions in partnership agreements, limited liability company organizational governance documents, joint venture
agreements and other similar agreements; 
 (g) that are assumed in connection with any acquisition of property or the Capital Stock of any
Person, so long as the relevant encumbrance or restriction relates solely to the Person and its subsidiaries (including the Capital Stock of the relevant Person or Persons) and/or property so acquired and was not created in connection with or in
anticipation of such acquisition; 
 (h) set forth in any agreement for any Disposition of any Restricted Subsidiary (or all or
substantially all of the property and/or assets thereof) that restricts the payment of dividends or other distributions or the making of cash loans or advances by such Restricted Subsidiary pending such Disposition; 

  
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 (i) set forth in agreements or instruments which prohibit the payment of dividends or the making
of other distributions with respect to any class of Capital Stock of a Person other than on a pro rata basis; 
 (j) set forth in documents
which exist on the Closing Date and were not created in contemplation thereof; 
 (k) on Cash, other deposits or net worth or similar
restrictions imposed by Persons under contracts entered into in the ordinary course of business or for whose benefit such Cash, other deposits or net worth or similar restrictions exist; 

(l) contained in any employment, compensation or separation agreement or arrangement entered into by the Borrower or any Restricted Subsidiary
in the ordinary course of business; 
 (m) arising in any Hedge Agreement and/or any agreement relating to any Cash Management Obligation or
obligations of the type referred to in Section 8.02(u); 
 (n) arising pursuant to an agreement or instrument relating to any
Indebtedness permitted to be incurred hereunder if the relevant restrictions, taken as a whole, are not materially less favorable to the Lenders than the restrictions contained in this Agreement, taken as a whole (as determined in good faith by the
Borrower); 
 (o) relating to any asset (or all of the assets) of and/or the Capital Stock of the Borrower and/or any Restricted Subsidiary
which is imposed pursuant to an agreement entered into in connection with any Disposition of such asset (or assets) and/or all or a portion of the Capital Stock of the relevant Person that is permitted or not restricted by this Agreement; 

(p) set forth in any agreement relating to any Permitted Lien that limit the right of the Borrower or any Restricted Subsidiary to Dispose of
or encumber the assets subject thereto; and 
 (q) imposed by any amendments, modifications, restatements, renewals, increases,
supplements, refundings, replacements or refinancings of the contracts, instruments or obligations referred to in clauses (a) through (p) above; provided that such amendments, modifications, restatements, renewals, increases,
supplements, refundings, replacements or refinancing are, in the good faith judgment of the Borrower, no more restrictive with respect to such encumbrances and other restrictions, taken as a whole, than those in effect prior to such amendment,
modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing. 
 Section 8.11.
[Reserved]. 
 Section 8.12. Fiscal Year. The Borrower will not, and will not permit or cause any of its Restricted
Subsidiaries to, change its fiscal year policy. 
 Section 8.13. [Reserved]. 

  
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 Section 8.14. Sale/Leaseback. The Borrower will not, and will
not permit or cause any of its Restricted Subsidiaries to, directly or indirectly, after the Closing Date, become liable as lessee or as guarantor or other surety with respect to any lease of property, whether an operating lease or a Capital Lease,
of any property (whether real, personal or mixed), whether now owned or hereafter acquired, (a) which the Borrower or any of its Restricted Subsidiaries has sold or transferred or is to sell or transfer to a Person which is not the Borrower or
any Restricted Subsidiary of the Borrower or (b) which the Borrower or any Restricted Subsidiary of the Borrower intends to use for substantially the same purpose as any other property which has been sold or is to be sold or transferred by the
Borrower or any Restricted Subsidiary of the Borrower to another Person which is not the Borrower or any Restricted Subsidiary of the Borrower in connection with such lease (such a transaction, a “Sale and Lease-Back Transaction”);
provided that any Sale and Lease-Back Transaction shall be permitted so long as such Sale and Lease-Back Transaction is (A) permitted by Section 8.02(f) or (B)(1) made for Cash consideration, (2) the Borrower or
its applicable Restricted Subsidiary would otherwise be permitted to enter into, and remain liable under, the applicable underlying lease and (3) the aggregate fair market value of the property sold pursuant to all such Sale and Lease-Back
Transactions under this clause (B) shall not exceed the greater of $50,000,000 and 2.00% of Consolidated Total Assets as of the last day of the most recently ended Test Period. 

Section 8.15. Business of Holdings. 

(a) Holdings, shall not directly operate any material businesses; provided, that for the avoidance of doubt, the following activities shall
not constitute the operation of a business and shall in all cases be permitted: (i) owning, directly or indirectly, the Equity Interests of the Borrower, any Subsidiary of the Borrower, any of its other subsidiaries and/or any other Person;
(ii) entry into, and the performance of its obligations with respect to the Loan Documents and the Senior Notes, any documentation relating to any Permitted Refinancing of the foregoing; (iii) the consummation of the Transactions;
(iv) the issuance of its own Equity Interests (including, for the avoidance of doubt, the making of any dividend or distribution on account of, or any redemption, retirement, sinking fund or similar payment, purchase or other acquisition for
value of, any shares of any class of its Equity Interests); (v) the payment of dividends and distributions, the making of contributions to the capital of its Subsidiaries and Guarantees of Indebtedness permitted to be incurred hereunder by the
Borrower or any of the Restricted Subsidiaries; (vi) the maintenance of its legal existence (including the ability to incur fees, costs and expenses relating to such maintenance and performance of activities relating to its officers, directors,
managers and employees and those of its Subsidiaries); (vii) the performing of activities in preparation for and consummating any public offering of its common stock or any other issuance or sale of its Equity Interests (other than Disqualified
Equity Interests) including converting into another type of legal entity; (viii) holding director and shareholder meetings, preparing organizational records and other organizational activities required to maintain its separate organizational
structure or to comply with applicable Requirements of Law; (ix) the participation in tax, accounting and other administrative matters as a member of the consolidated group of Holdings, including compliance with applicable Laws and legal, tax
and accounting matters related thereto and activities relating to its officers, directors, managers and employees; (x) the holding of any cash and Cash Equivalents; (xi) the holding of any other property received by it as a distribution
from any of its subsidiaries; (xii) the entry into and performance of its obligations with respect to contracts and other arrangements, including the providing of indemnification to officers, managers, directors

  
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and employees; (xiii) the filing of Tax reports and paying Taxes and other customary obligations related thereto in the ordinary course (and contesting any Taxes); (xiv) the preparation
of reports to Governmental Authorities and to its shareholders; (xv) the making of Investments and acquisitions, as applicable, in the Borrower, its Subsidiaries and other Persons; (xvi) the performance of obligations under and compliance
with its Organization Documents, any demands or requests from or requirements of a Governmental Authority or any applicable Requirement of Law, ordinance, regulation, rule, order, judgment, decree or permit, including without limitation as a result
of or in connection with the activities of its Subsidiaries; and (xvii) any activities incidental to the foregoing. 
 (b) Holdings
shall not create, incur, assume or suffer to exist any Lien on any Equity Interests of the Borrower (other than Liens pursuant to any Loan Document, non-consensual Liens arising solely by operation of Law and Liens pursuant to documentation relating
to other secured Indebtedness permitted to be incurred by the Credit Parties that is permitted to be secured by the Collateral pursuant to Section 8.03). 

(c) Holdings shall not incur any Indebtedness (other than in respect of any Indebtedness that (a) is not secured by the Equity Interests
of the Borrower or any of its Subsidiaries, (b) is not guaranteed by, and does not otherwise have any recourse to, the Borrower or any of its Subsidiaries or their assets or (c) consists of Contingent Obligations relating to Indebtedness
incurred by the Borrower and/or its Restricted Subsidiaries that is permitted pursuant to Section 8.02). 
 ARTICLE 9 

EVENTS OF DEFAULT 

Section 9.01. Events of Default. The occurrence of any one or more of the following events shall constitute an
“Event of Default”: 
 (a) The Borrower shall fail to pay (i) any principal of any Loan or any
Reimbursement Obligation when due, or (ii) any interest on any Loan, any fee, or any other Obligation when due, and, in the case of clause (ii) only, such failure shall continue unremedied for a period of five Business Days; 

(b) The Borrower shall fail to observe, perform or comply with any condition, covenant or agreement contained in any of
Sections 6.02(d)(i), 6.03(a) (as it applies to the preservation of the existence of the Borrower), Section 7.01 or Article 8; provided that failure to comply with the Financial Covenant (after giving effect to the Cure
Right) shall not constitute a Default or an Event of Default with respect to any Term Loans unless the Revolving Lenders have accelerated all Obligations in respect of Revolving Credit Commitments as a result thereof and/or have terminated their
respective Revolving Credit Commitments thereunder pursuant to Section 9.02(c)(1)(ii) as a result thereof (such acceleration and/or termination, a “Financial Covenant Cross Acceleration”); and provided
further, that in the event of a failure to comply with Section 7.01, upon the Administrative Agent’s receipt of a written notice from the Borrower that the Borrower intends to exercise the Cure Right until the Cure Expiration
Date, neither the Lenders nor the Administrative Agent shall exercise any rights or remedies under Section 9.02 available during the continuance of an Event of Default on the basis of any actual or purported failure to comply with
Section 7.01 (including to accelerate the Loans or terminate the Commitments or to foreclose on or take possession of the Collateral or any other right or remedy under the Credit Documents); 

  
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 (c) Any Credit Party shall fail to observe, perform or comply with any condition, covenant or
agreement contained in this Agreement or any of the other Credit Documents other than those enumerated in subsections (a) and (b) above, and such failure shall continue unremedied for a period of 30 days after the earlier of (y) the
date on which the Borrower acquires Knowledge thereof and (z) the date on which written notice thereof is delivered by the Administrative Agent to the Borrower; 

(d) Any representation or warranty made or deemed made by or on behalf of any Credit Party in this Agreement, any of the other Credit
Documents or in any certificate, instrument, report or other document required to be delivered in connection herewith or therewith shall prove to have been untrue in any material respect as of the date made or deemed made; 

(e) The Borrower or any of its Restricted Subsidiaries shall (i) fail to pay when due (whether by scheduled maturity, acceleration or
otherwise and after giving effect to any applicable grace period) any principal of or interest on any Indebtedness (other than the Indebtedness incurred pursuant to this Agreement) having an aggregate principal amount exceeding the Threshold Amount
or (ii) after giving effect to any applicable grace period, fail to observe, perform or comply with any condition, covenant or agreement contained in any agreement or instrument evidencing or relating to any such Indebtedness (other than, with
respect to Indebtedness consisting of Hedging Obligations, termination events or equivalent events pursuant to the terms of the applicable Hedge Agreements and which is not as a result of any default thereunder by any Credit Party or any Restricted
Subsidiary), and the effect of such failure is to cause, or permit the holder or holders of such Indebtedness (or a trustee or agent on its or their behalf) to cause (with the giving of notice or otherwise), such Indebtedness to become due, or to be
prepaid, redeemed, purchased or defeased, prior to its stated maturity; provided, that clause (ii) of this paragraph (e) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the
property securing such Indebtedness if such sale or transfer is permitted hereunder; provided, further, that any such failure under clauses (i) or (ii) is unremedied and is not waived by the holders of such Indebtedness prior to any
termination of the Commitments or acceleration of the Loans pursuant to Article 9; 
 (f) Any of Holdings, the Borrower or any
Restricted Subsidiary that is a Material Subsidiary shall (i) file a voluntary petition or commence a voluntary case seeking liquidation, winding-up, reorganization, dissolution, moratorium of indebtedness, arrangement, administration,
readjustment of debts, suspension of payment or any other relief under any Debtor Relief Law now or hereafter in effect, (ii) consent to the institution of, or fail to controvert in a timely and appropriate manner, any petition (other than an
administration petition) or case of the type described in subsection (g) below, (iii) apply for or consent to the appointment of or taking possession by a custodian, trustee, receiver, administrator, administrative receiver, compulsory
manager or liquidator or similar official for or of itself or all or a substantial part of its properties or assets, (iv) fail generally, or admit in writing, its inability to pay its debts generally as they become due or (v) make a
general assignment, composition compromise or arrangement for the benefit of creditors; 

  
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 (g) Any involuntary petition or case shall be filed, presented or commenced against any of
Holdings, the Borrower or any Restricted Subsidiary that is a Material Subsidiary seeking liquidation, winding-up, reorganization, dissolution, moratorium of any indebtedness, arrangement, readjustment of debts, suspension of payments, the
appointment of a custodian, trustee, receiver, administrator, administrative receiver, compulsory manager or liquidator or similar official for it or all or a substantial part of its properties, or any other relief under any Debtor Relief Law now or
hereafter in effect, and such petition (other than an administration petition) or case shall not be dismissed, vacated, bonded, discharged or stayed for a period of 60 consecutive days; or an order, judgment or decree approving or ordering any of
the foregoing shall be entered in any such proceeding and such order, judgment or decree is not stayed; or any analogous procedure or step is taken with respect to Holdings, the Borrower or any Restricted Subsidiary that is a Material Subsidiary in
any jurisdiction; 
 (h) Any one or more final money judgments, writs or warrants of attachment, executions or similar processes involving
an aggregate amount (exclusive of amounts fully bonded or covered by insurance (including, if applicable, self-insurance) as to which a third party insurance company has been notified and not denied coverage) in excess of the Threshold Amount shall
be entered or filed against Holdings, the Borrower or any Restricted Subsidiary or any of their respective properties and the same shall not be paid, dismissed, stayed, vacated, bonded or discharged for a period of 60 days; 

(i) At any time after the execution and delivery thereof (in each case subject to (a) the principle that equitable remedies are remedies
which may be granted or refused at the discretion of the court and principles of good faith and fair dealing, (b) applicable Debtor Relief Laws, (c) the existence of timing limitations with respect to the bringing of claims under
applicable limitation laws and the defenses of acquiescence, set-off or counterclaim and the possibility that an undertaking to assume liability for, or to indemnify a Person against, non-payment of stamp duty may be void, (d) the principle
that the creation or purported creation of collateral over any contract or agreement which is subject to a prohibition on transfer, assignment or charging may be void, ineffective or invalid and may give rise to a breach of the contract or agreement
over which security has purportedly been created, and (e) similar principles, rights and defenses under the Requirement of Law under any relevant jurisdiction), (i) any material Security Document to which Holdings, the Borrower or any
Restricted Subsidiary is now or hereafter a party shall for any reason cease to be in full force and effect or cease to be effective to give the Administrative Agent a valid and perfected first priority security interest in and Lien upon the
Collateral purported to be covered thereby, subject to no Liens other than Permitted Liens, in each case unless by reason of (A) any act or failure to act on the part of the Administrative Agent (including the failure of the Administrative
Agent to maintain possession of any Collateral actually delivered to it or the failure of the Administrative Agent to file UCC continuation statements) or any Lender, (B) a release of Collateral is pursuant to and in accordance with the terms
thereof or (C) the occurrence of the Termination Date or any other termination of such Security Document in accordance with the terms thereof; (ii) any Credit Party shall deny or disaffirm in writing such Credit Party’s (other than
any Immaterial Subsidiary) obligations under the Guaranty (other than as a result of the discharge of such 

  
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guarantor in accordance with the terms thereof) or any of the Guaranties shall cease to be in full force and effect, other than by reason of the occurrence of the Termination Date or unless any
such cessation occurs in accordance with the terms thereof, as applicable; or (iii) the Obligations shall cease to constitute senior indebtedness under the subordination provisions of any documents or instruments evidencing any permitted
Subordinated Debt in an aggregate amount in excess of the Threshold Amount or such subordination provision shall be invalidated or otherwise cease, for any reason, to be valid, binding and enforceable obligations of the parties thereto; 

(j) (i) Any ERISA Event shall have occurred, which individually or in the aggregate, results or could reasonably be expected to result in
liability of the Borrower or any of its Restricted Subsidiaries in an aggregate amount which would reasonably be expected to result in a Material Adverse Effect or (ii) with respect to a Multiemployer Plan, any Credit Party or ERISA Affiliate
fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its Withdrawal Liability but only to the extent such failure to make such payment would reasonably be expected to result in a
Material Adverse Effect; and 
 (k) A Change in Control shall have occurred. 

Section 9.02. Remedies: Termination Of Commitments, Acceleration, Etc. Upon and at any time after the occurrence and during the
continuance of any Event of Default, the Administrative Agent shall at the direction, or may with the consent, of the Required Lenders, take any or all of the following actions at the same or different times: 

(a) Except as otherwise set forth in Section 9.02(c) below, declare the Commitments, the Swingline Commitment, and the Issuing
Lender’s obligation to issue Letters of Credit, to be terminated, whereupon the same shall terminate (provided that, upon the occurrence of an Event of Default pursuant to Section 9.01(f) or Section 9.01(g), the Commitments,
the Swingline Commitment and the Issuing Lender’s obligation to issue Letters of Credit shall automatically be terminated); 
 (b)
Except as otherwise set forth in Section 9.02(c) below, declare all or any part of the outstanding principal amount of the Loans to be immediately due and payable, whereupon the principal amount so declared to be immediately due and payable,
together with all interest accrued thereon, any premium with respect thereto and all other amounts payable under this Agreement, the Notes and the other Credit Documents (but excluding any amounts owing under any Hedge Agreement or Secured Cash
Management Agreements), shall become immediately due and payable without presentment, demand, protest, notice of intent to accelerate or other notice or legal process of any kind, all of which are hereby knowingly and expressly waived by the
Borrower (provided that, upon the occurrence of an Event of Default pursuant to Section 9.01(f) or Section 9.01(g), all of the outstanding principal amount of the Loans and all other amounts described in this subsection
(b) shall automatically become immediately due and payable without presentment, demand, protest, notice of intent to accelerate or other notice or legal process of any kind, all of which are hereby knowingly and expressly waived by the
Borrower); 

  
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 (c) Upon the occurrence of an Event of Default arising from a breach of Section 7.01 (with
respect to which the Borrower has not exercised the Cure Right) that has occurred and is continuing, (1) the Required Revolving Lenders may (i) declare that such breach constitutes an Event of Default for purposes of Section 4.02 and
(ii) subject to Section 7.02, may (x) terminate the Revolving Credit Commitments and/or (y) take the actions specified in Sections 9.02(a) and (b) in respect of the Revolving Credit Commitments and the Revolving Loans
and (2) upon the occurrence of a Financial Covenant Cross Acceleration, the Required Lenders may take any of the actions specified in Sections 9.02(a) and (b). 

(d) With the consent of the Required Lenders or, upon the occurrence of an Event of Default arising from a breach of Section 7.01 that
has occurred and is continuing, the Required Revolving Lenders, direct the Borrower to deposit (and the Borrower hereby agrees, forthwith upon receipt of notice of such direction from the Administrative Agent, to deposit) with the Administrative
Agent from time to time such additional amount of cash as is equal to the aggregate Stated Amount of all Letters of Credit then outstanding (whether or not any beneficiary under any Letter of Credit shall have drawn or be entitled at such time to
draw thereunder) (minus the amount then on deposit in the Cash Collateral Account), such amount to be held by the Administrative Agent in the Cash Collateral Account as security for the Letter of Credit Exposure as described in Section 3.08;
and 
 (e) Exercise all rights and remedies available to it under this Agreement, the other Credit Documents and applicable law. 

Section 9.03. Remedies: Set-Off. In addition to all other rights and remedies available under the Credit Documents or applicable
law or otherwise, upon and at any time after the occurrence and during the continuance of any Event of Default, each Lender may, and each is hereby authorized by the Borrower, at any such time and from time to time, to the fullest extent permitted
by applicable law, without presentment, demand, protest or other notice of any kind, all of which are hereby knowingly and expressly waived by the Borrower, to set off and to apply any and all deposits (general or special, time or demand,
provisional or final) and any other property at any time held (including at any branches or agencies, wherever located), and any other indebtedness at any time owing, by such Lender to or for the credit or the account of the Borrower against any or
all of the Obligations of the Borrower to such Lender now or hereafter existing, whether or not such Obligations may be contingent or unmatured; provided that in the event that any Defaulting Lender shall exercise any such right of set-off,
(x) all amounts so set-off shall be paid over immediately to the Administrative Agent for further application in accordance with the provisions of Section 2.19 and, pending such payment, shall be segregated by such Defaulting Lender from
its other funds and deemed held in trust for the benefit of the Administrative Agent, the Issuing Lenders, and the Lenders, and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable
detail the Obligations owing to such Defaulting Lender as to which it exercised such right of set-off. Each Lender agrees promptly to notify the Borrower and the Administrative Agent after any such set-off and application; provided,
however, that the failure to give such notice shall not affect the validity of such set-off and application. Notwithstanding the foregoing, no Lender (other than the Administrative Agent in such capacity) shall exercise, or attempt to
exercise, any right of setoff, banker’s lien, or the like, against any deposit account or property of the Borrower held by the Administrative Agent or any Lender, without the prior written consent of the Required Lenders, and any Lender
violating this provision shall indemnify the Administrative Agent and the other Lenders from any and all costs, expenses, liabilities and damages resulting therefrom. 

  
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 ARTICLE 10 

THE AGENTS 

Section 10.01. Appointment. Each Lender hereby irrevocably appoints and authorizes Goldman Sachs Bank USA to act as administrative
agent and collateral agent hereunder and under the other Credit Documents and to take such actions as agent on its behalf hereunder and under the other Credit Documents, and to exercise such powers and trusts and to perform such duties, as are
specifically delegated to the Administrative Agent by the terms hereof or thereof, together with such other powers and duties as are reasonably incidental thereto. In performing its functions and duties hereunder, the Administrative Agent shall act
solely as an agent of the Lenders and does not assume and shall not be deemed to have assumed any obligations towards or relationship of agency or trust with or for Holdings or any of its Subsidiaries. 

Section 10.02. Nature of Duties. The Administrative Agent shall have no duties or responsibilities other than those expressly set
forth in this Agreement and the other Credit Documents. The Administrative Agent may exercise such powers, rights and remedies and perform such duties by or through its agents or employees. The Administrative Agent shall not have, by reason of this
Agreement or any other Credit Document, a fiduciary relationship in respect of any Lender or any other Person; and nothing in this Agreement or any other Credit Document, express or implied, is intended to or shall be so construed as to impose upon
the Administrative Agent any obligations or liabilities in respect of this Agreement or any other Credit Document except as expressly set forth herein or therein. The Administrative Agent may execute any of its duties under this Agreement or any
other Credit Document by or through agents or attorneys-in-fact and shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact that it selects with reasonable care. The Administrative Agent shall be entitled to
consult with legal counsel, independent public accountants and other experts selected by it with respect to all matters pertaining to this Agreement and the other Credit Documents and its duties hereunder and thereunder and shall not be liable for
any action taken or omitted to be taken in good faith by it in accordance with the advice of such counsel, accountants or experts. The Lenders hereby acknowledge that the Administrative Agent shall not be under any duty to take any discretionary
action permitted to be taken by it pursuant to the provisions of this Agreement or any other Credit Document unless it shall be requested in writing to do so by the Required Lenders (or, where a higher percentage of the Lenders is expressly required
hereunder, such Lenders). 
 Section 10.03. Exculpatory Provisions. Neither the Administrative Agent nor any of its officers,
partners, directors, employees, agents, attorneys-in-fact or Affiliates shall be (a) liable for any action taken or omitted to be taken by it or such Person under or in connection with the Credit Documents, except for its or such Person’s
own gross negligence, willful misconduct, bad faith or material breach of the Credit Documents, as determined by a final, non-appealable judgment of a court of competent jurisdiction, (b) responsible in any manner to any Lender for any
recitals, statements, information, representations or warranties herein or in any other Credit Document or in any written or oral statement, or in any financial or other statements, or any document, instrument, certificate, report or other writing
delivered in connection herewith or 

  
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therewith, for the execution, effectiveness, genuineness, validity, enforceability, collectability or sufficiency of this Agreement or any other Credit Document, or for the financial condition or
business affairs of Holdings, its Subsidiaries or any other Person liable for the payment of any Obligations, or (c) required to ascertain or make any inquiry concerning the performance or observance of any of the terms, provisions, conditions,
covenants or agreements contained in this Agreement or any other Credit Document or as to the use of the proceeds of the Loans or the existence or possible existence of any Default or Event of Default, or to inspect the properties, books or records
of the Borrower or any of its Subsidiaries or to make any disclosure with respect to the foregoing. Notwithstanding anything contained herein to the contrary, the Administrative Agent shall not have any liability to any Lender arising from
confirmation of the amount of outstanding Loans or the Letter of Credit Usage or the component amounts thereof. 
 Section 10.04.
Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely, and shall be fully protected in relying, upon any notice, statement, consent, instrument, document or other communication (including, without limitation,
any thereof by telephone, telecopy, telex, telegram or cable) believed by it to be genuine and correct and to have been signed, sent or made by the proper Person or Persons, and shall be entitled to rely and shall be protected in relying on opinions
and judgments of attorneys (who may be attorneys for Holdings and its Subsidiaries), accountants, experts and other professional advisors selected by it. The Administrative Agent may deem and treat each Lender as the owner of its interest hereunder
for all purposes hereof unless and until a written notice of the assignment, negotiation or transfer thereof shall have been given to the Administrative Agent in accordance with the provisions of this Agreement. The Administrative Agent shall be
entitled to refrain from taking or omitting to take any action in connection with this Agreement or any other Credit Document or from the exercise of any power, discretion or authority vested in it hereunder or thereunder (a) if such action or
omission or exercise of power, discretion or authority would, in the reasonable opinion of the Administrative Agent, violate any applicable law or any provision of this Agreement or any other Credit Document or (b) unless and until it shall
have received such instructions in respect thereof from the Required Lenders (or, where a higher percentage of the Lenders is expressly required hereunder, such Lenders) as it deems appropriate, and, upon receipt of such instructions from Required
Lenders (or such other Lenders, as the case may be), the Administrative Agent shall be entitled to act or (where so instructed) refrain from acting, or to exercise such power, discretion or authority, in accordance with such instructions, including
for the avoidance of doubt refraining from any action that, in its opinion or the opinion of its counsel, may be in violation of the automatic stay under any Debtor Relief Law or that may affect a forfeiture, modification or termination of property
of a Defaulting Lender in violation of any Debtor Relief Law, or it shall first have been indemnified to its satisfaction by the Lenders against any and all liability and expense (other than liability and expense arising from its own gross
negligence or willful misconduct) that may be incurred by it by reason of taking, continuing to take or omitting to take any such action. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Administrative
Agent as a result of the Administrative Agent’s acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders (or, where a higher percentage of the Lenders is expressly
required hereunder, such Lenders), and such instructions and any action taken or failure to act pursuant thereto shall be binding upon all of the Lenders (including all subsequent Lenders). 

  
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 Section 10.05. Delegation of Duties. The Administrative Agent may perform any and all
of its duties and exercise its rights and powers under this Agreement or under any other Credit Document by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any
and all of its duties and exercise its rights and powers by or through their respective Affiliates. The exculpatory, indemnification and other provisions of Section 10.03 and of Section 10.08 shall apply to any Affiliates of the
Administrative Agent and shall apply to their respective activities in connection with the syndication of the Credit Facilities as well as activities of the Administrative Agent. All of the rights, benefits, and privileges (including the exculpatory
and indemnification provisions) of Section 10.03 and of Section 10.08 shall apply to any such sub-agent and to the Affiliates of any such sub-agent, and shall apply to their respective activities as sub-agent as if such sub-agent and
Affiliates were named herein. Any sub-agent and its Affiliates shall be required to comply with Section 12.13 and all other obligations contained in this Agreement as if it were the Administrative Agent hereunder. Notwithstanding anything
herein to the contrary, with respect to each sub-agent appointed by the Administrative Agent (a) with respect to this Article 10 only, such sub-agent shall be a third party beneficiary with respect to all rights, benefits and privileges
(including exculpatory rights and rights to indemnification) of the Administrative Agent under this Article 10 and shall have all of the rights and benefits of a third party beneficiary with respect to this Article 10, including an independent right
of action to enforce such rights, benefits and privileges (including exculpatory rights and rights to indemnification) directly, without the consent or joinder of any other Person, against any or all of the Credit Parties and the Lenders and
(b) except as otherwise provided in this Section 10.05, such sub-agent shall only have obligations to the Administrative Agent and not to any Credit Party, Lender or any other Person and no Credit Party, Lender or any other Person shall
have any rights, directly or indirectly, as a third party beneficiary or otherwise, against such sub-agent. 
 Section 10.06.
Non-Reliance on Administrative Agent and Other Lenders. Each Lender expressly acknowledges that neither the Administrative Agent nor any of its officers, directors, employees, agents, attorneys-in-fact or Affiliates has made any
representation or warranty to it and that no act by the Administrative Agent or any such Person hereinafter taken, including any review of the affairs of any Credit Party, shall be deemed to constitute any representation or warranty by the
Administrative Agent to any Lender. Each Lender represents and warrants to the Administrative Agent that (a) it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and
information as it has deemed appropriate, made its own appraisal of, and investigation into, the business, prospects, operations, properties, financial and other condition and creditworthiness of the Credit Parties and made its own decision to enter
into this Agreement and extend credit to the Borrower hereunder and (b) it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall deem appropriate at
the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action hereunder and under the other Credit Documents and to make such investigation as it deems necessary to inform itself as to the business,
prospects, operations, properties, financial and other condition and creditworthiness of the Credit Parties. Except as expressly provided in this Agreement and the other Credit Documents, the Administrative Agent shall have no duty or
responsibility, either initially or on a continuing basis, to make any investigation or appraisal on behalf of the Lenders or to provide any Lender with any credit or other information concerning the business, prospects, operations, properties,
financial or other condition or creditworthiness of 

  
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Holdings, its Subsidiaries or any other Person that may at any time, before or after the making of the Loans, come into the possession of the Administrative Agent or any of its officers,
directors, employees, agents, attorneys-in-fact or Affiliates, and the Administrative Agent shall not have any responsibility with respect to the accuracy of or completeness of any information provided to the Lenders. 

Section 10.07. Lenders’ Acknowledgment. (a) Each Lender, by delivering its signature page to this Agreement, Assignment
and Acceptance or an Affiliate Assignment Agreement shall be deemed to have acknowledged receipt of, and consented to and approved, each Credit Document and each other document required to be approved by any Agent, Required Lenders, Required
Revolving Lenders or Lenders, as applicable on the Closing Date or as of the date of funding of such Additional Term Loans and Additional Revolving Loans. 

(b) Each Lender acknowledges that Holdings and certain Affiliates of the Credit Parties, including the Sponsor or entities controlled by the
Sponsor, are Eligible Assignees hereunder and may purchase Loans and/or Commitments hereunder from Lenders from time to time, subject to the restrictions set forth in the definition of “Eligible Assignee” and Section 12.07. 

Section 10.08. Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of
any Default or Event of Default unless the Administrative Agent shall have received written notice from the Borrower or a Lender referring to this Agreement, describing such Default or Event of Default and stating that such notice is a
“notice of default.” The Administrative Agent shall (subject to Sections 10.04 and 12.06) take such action with respect to such Default or Event of Default as shall reasonably be directed by the Required Lenders;
provided that, unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or
Event of Default as it shall deem advisable in the best interests of the Lenders except to the extent that this Agreement expressly requires that such action be taken, or not be taken, only with the consent or upon the authorization of the Required
Lenders or all of the Lenders. 
 Section 10.09. Indemnification. To the extent the Administrative Agent is not reimbursed by or
on behalf of the Borrower, and without limiting the obligation of the Borrower to do so, the Lenders agree (a) to indemnify the Administrative Agent and its officers, directors, employees, agents, attorneys-in-fact and Affiliates, ratably in
proportion to their respective percentages as used in determining the Required Lenders as of the date of determination, from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses
(including counsel fees or disbursements) or disbursements of any kind or nature whatsoever that may at any time (including, without limitation, at any time following the repayment in full of the Loans and the termination of the Commitments) be
imposed on, incurred by or asserted against the Administrative Agent in any way relating to or arising out of this Agreement or any other Credit Document or any documents contemplated by or referred to herein or the transactions contemplated hereby
or thereby or any action taken or omitted by the Administrative Agent under or in connection with any of the foregoing, and (b) to reimburse the Administrative Agent upon demand, ratably in proportion to their respective percentages as used in
determining the Required Lenders as of the date of determination, for any expenses incurred 

  
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by the Administrative Agent in connection with the preparation, negotiation, execution, delivery, administration, amendment, modification, waiver or enforcement (whether through negotiations,
legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement or any of the other Credit Documents (including, without limitation, reasonable attorneys’ fees and expenses and compensation of
agents and employees paid for services rendered on behalf of the Lenders). If any indemnity furnished to the Administrative Agent for any purpose shall, in the opinion of the Administrative Agent, be insufficient or become impaired, the
Administrative Agent may call for additional indemnity and cease, or not commence, to do the acts indemnified against until such additional indemnity is furnished; provided, in no event shall this sentence require any Lender to indemnify the
Administrative Agent against any liability, obligation, loss, damage, penalty, action, judgment, suit, cost, expense or disbursement in excess of such Lender’s ratable portion of its respective percentage as used in determining the Required
Lenders thereof; and provided, further, that no Lender shall be liable for any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements to the extent resulting
from the gross negligence, bad faith, willful misconduct or material breach of the Credit Documents of the party to be indemnified, as determined by a final, non-appealable judgment of a court of competent jurisdiction. 

Section 10.10. The Administrative Agent In Its Individual Capacity. With respect to its Commitment, the Loans made by it, the
Letters of Credit issued or participated in by it and the Note or Notes (if any) issued to it, the Administrative Agent in its individual capacity and not as Administrative Agent shall have the same rights and powers under the Credit Documents as
any other Lender and may exercise the same as though it were not performing the agency duties specified herein; and the terms “Lenders,” “Required Lenders,” “Required Revolving Lenders,” “holders of Notes” and
any similar terms shall, unless the context clearly otherwise indicates, include the Administrative Agent in its individual capacity. The Administrative Agent and its Affiliates may accept deposits from, lend money to, make investments in, and
generally engage in any kind of banking, trust, financial advisory or other business with Holdings, any of its Subsidiaries or any of their respective Affiliates as if the Administrative Agent were not performing the agency duties specified herein,
and may accept fees and other consideration from any of them for services in connection with this Agreement and otherwise without having to account for the same to the Lenders. 

Section 10.11. Successor Administrative Agent. The Administrative Agent may resign at any time by giving 30 days’ prior
written notice to the Borrower and the Lenders. If the Administrative Agent is a Defaulting Lender or an Affiliate of a Defaulting Lender, either the Required Lenders or the Borrower may, upon 10 days’ notice, remove the Administrative Agent.
Upon receipt of any such notice of removal or resignation, the Required Lenders shall have the right, with the prior written consent of the Borrower (which consent shall not be unreasonably withheld or delayed; provided, that no consent of the
Borrower shall be required if an Event of Default under Section 9.01(a), (f) or (g) has occurred and is continuing), to appoint a successor Administrative Agent which shall be a commercial bank or trust company with offices in the
U.S. having combined capital and surplus in excess of $1,000,000,000. If no successor has been appointed as provided above and accepted such appointment within ten days after the retiring Administrative Agent gives notice of its resignation or the
Administrative Agent receives notice of removal, then (a) in the case of a retirement, the retiring Administrative Agent may (but shall 

  
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not be obligated to), on behalf of the Lenders and the Issuing Lender, appoint a successor Administrative Agent meeting the qualifications set forth above (including, for the avoidance of doubt,
the consent of the Borrower) or (b) in the case of a removal, the Borrower may, after consulting with the Required Lenders, appoint a successor Administrative Agent meeting the qualifications set forth above; provided that (x) in
the case of a retirement, if the Administrative Agent notifies the Borrower, the Lenders and the Issuing Lender that no qualifying Person has accepted such appointment or (y) in the case of a removal, the Borrower notifies the Required Lenders
that no qualifying Person has accepted such appointment, then, in each case, such resignation or removal shall nonetheless become effective in accordance with such notice and (i) the retiring or removed Administrative Agent shall be discharged
from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Administrative Agent in its capacity as collateral agent for the Secured Parties for purposes of maintaining
the perfection of the Lien on the Collateral securing the Secured Obligations, the retiring Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed) and (ii) all
payments, communications and determinations required to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and each Issuing Lender directly (and each Lender and each Issuing Lender will cooperate with the
Borrower to enable the Borrower to take such actions), until such time as the Required Lenders or the Borrower, as applicable, appoint a successor Administrative Agent, as provided above in this Article 10. Upon the acceptance of a
successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) or removed Administrative Agent, and the retiring or
removed Administrative Agent shall be discharged from all of its duties and obligations hereunder or under the other Credit Documents (if not already discharged therefrom as provided above in this paragraph) other than its obligations under
Section 12.13 and the retiring (or retired) or removed Administrative Agent under this Agreement shall promptly (i) transfer to such successor Administrative Agent all sums, Capital Stock and other items of Collateral held hereunder or
under the Security Documents, together with all records and other documents necessary or appropriate in connection with the performance of the duties of the successor Administrative Agent under this Agreement and the Security Documents, and
(ii) execute and deliver to such successor Administrative Agent or otherwise authorize the filing of such amendments to financing statements, and take such other actions, as may be necessary or appropriate in connection with the assignment to
such successor Administrative Agent of the security interests created under the Security Documents, whereupon such retiring or removed Administrative Agent shall be discharged from its duties and obligations under this Agreement and the Security
Documents. Any retiring (or retired) or removed Administrative Agent that is also an Issuing Lender, automatically upon the effectiveness of such retirement or removal, be deemed to have been removed as Issuing Lender in accordance with
Section 3.11, without the requirement of any consent of the Administrative Agent. After any retiring Administrative Agent’s resignation or removal as Administrative Agent, the provisions of this Article shall inure to its benefit as
to any actions taken or omitted to be taken by it while it was Administrative Agent. If no successor to the Administrative Agent has accepted appointment as Administrative Agent by the thirtieth day following a retiring Administrative Agent’s
notice of resignation, the retiring Administrative Agent’s resignation shall nevertheless thereupon become effective, and the Lenders shall thereafter perform all of the duties of the Administrative Agent hereunder and under the other

  
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Credit Documents until such time, if any, as the Required Lenders appoint a successor Administrative Agent as provided for hereinabove; provided that, until a successor Administrative
Agent is so appointed by the Administrative Agent or the Required Lenders, any collateral security held by the Administrative Agent in its role as collateral agent on behalf of the Lenders or the Issuing Lender under any of the Credit Documents
shall continue to be held by the retiring Administrative Agent as nominee until such time as a successor Administrative Agent is appointed. 

Section 10.12. Collateral Matters. (a) The Administrative Agent is hereby authorized on behalf of the Lenders, without the
necessity of any notice to or further consent from the Lenders, from time to time (but without any obligation) to take any action with respect to the Collateral and the Security Documents that may be necessary to perfect and maintain perfected the
Liens upon the Collateral granted pursuant to the Security Documents; provided that the Administrative Agent shall not owe any fiduciary duty, duty of loyalty, duty of care, duty of disclosure or any other obligation whatsoever to any holder
of Obligations with respect to any Secured Hedging Obligations or Secured Cash Management Obligations. 
 (b) Each of the Lenders and the
Issuing Lenders and the other Secured Parties hereby irrevocably authorize and instruct the Administrative Agent, to, and the Administrative Agent shall, 

(i) release any Lien granted to or held by the Administrative Agent upon any Collateral (A) upon the occurrence of the
Termination Date, (B) constituting property sold or to be sold or disposed of as part of or in connection with any Disposition permitted hereunder or under any other Credit Document or to which, subject to Section 10.04, the Required
Lenders have consented, (C) that does not constitute (or ceases to constitute) Collateral, (D) if the property subject to such Lien is owned by a Subsidiary Guarantor, upon the release of such Subsidiary Guarantor from its Guaranty,
(E) otherwise pursuant to and in accordance with the provisions of any applicable Credit Document or (F) if approved, authorized or ratified in writing by the Required Lenders subject to Section 12.06(a)(i)(C), 

(ii) release any Subsidiary Guarantor from its obligations under the Guaranty if such Person ceases to be a Restricted
Subsidiary (or becomes an Excluded Subsidiary) as a result of a single transaction or related series of transactions permitted hereunder, and 

(iii) enter into any subordination, intercreditor and/or similar agreement contemplated hereunder, including with respect to
Indebtedness that is (i) required or permitted to be subordinated in right of payment hereunder and/or (ii) secured by Liens and required or permitted to be pari passu with or junior to the Liens securing the Secured Obligations, and with
respect to which Indebtedness, an intercreditor, subordination or similar agreement is contemplated under this Agreement. 
 Upon request by
the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent’s authority to release or subordinate its interest in particular types or items of property, or to release any Credit Party from its obligations
under the Guaranty 

  
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or its Lien on any Collateral pursuant to this subsection (b). In each case as specified in this Article 10, the Administrative Agent will (and each Lender, and each Issuing Lender hereby
authorizes the Administrative Agent to), at the Borrower’s expense, execute and deliver to the applicable Credit Party such documents as such Credit Party may reasonably request to evidence the release of such item of Collateral from the
assignment and security interest granted under the Security Documents or to subordinate its interest therein, and/or to release such Credit Party from its obligations under the Guaranty, in each case in accordance with the terms of the Credit
Documents and this Article 10. 
 (c) Anything contained in any of the Credit Documents to the contrary notwithstanding, the Borrower, the
Administrative Agent and each Secured Party hereby agree that (i) no Secured Party shall have any right individually to realize upon any of the Collateral, to enforce the Guaranty or take any other enforcement action hereunder or under any
other Credit Document, it being understood and agreed that all powers, rights and remedies hereunder and under any of the Credit Documents may be exercised solely by the Administrative Agent for the benefit of the Secured Parties in accordance with
the terms hereof and thereof and all powers, rights and remedies under the Security Documents may be exercised solely by the Administrative Agent for the benefit of the Secured Parties in accordance with the terms thereof, and (ii) in the event
of a foreclosure or similar enforcement action by the Administrative Agent on any of the Collateral pursuant to a public or private sale or other disposition (including, without limitation, pursuant to Section 363(k),
Section 1129(b)(2)(a)(ii) or otherwise of the Bankruptcy Code), the Administrative Agent (or any Lender, except with respect to a “credit bid” pursuant to Section 363(k), Section 1129(b)(2)(a)(ii) or otherwise of the
Bankruptcy Code) may be the purchaser or licensor of any or all of such Collateral at any such sale or other disposition and the Administrative Agent, as agent for and representative of Secured Parties (but not any Lender or Lenders in its or their
respective individual capacities) shall be entitled, upon instructions from the Required Lenders, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold at any such sale or
disposition, to use and apply any of the Obligations as a credit on account of the purchase price for any collateral payable by the Administrative Agent at such sale or other disposition. 

(d) The Administrative Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or warranty regarding
the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Credit Party in connection therewith, nor shall the Administrative
Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral. 
 (e) No Hedge
Agreement or Secured Cash Management Agreement will create (or be deemed to create) in favor of any Designated Counterparty that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of
any Guarantor under the Credit Documents except as expressly provided in the Security Agreement. By accepting the benefits of the Collateral, such Designated Counterparty shall be deemed to have appointed Administrative Agent, in its capacity as
collateral agent, as its agent and agreed to be bound by the Credit Documents as a Secured Party, subject to the limitations set forth in this clause (e). The benefit of the provisions of the Credit Documents directly relating to the Collateral or
any Lien granted thereunder shall extend to and be available to any Secured Party 

  
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that is not the Administrative Agent, a Lender or an Issuing Lender as long as, by accepting such benefits, such Secured Party agrees, as among the Administrative Agent and all other Secured
Parties, that such Secured Party is bound by (and, if requested by the Administrative Agent, shall confirm such agreement in a writing in form and substance acceptable to the Administrative Agent) this Article 10, and Section 12.13, and the
decisions and actions of the Administrative Agent and the Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders) to the same extent a Lender is bound; provided that, notwithstanding the
foregoing, (i) such Secured Party shall be bound by Section 10.03 and Section 10.09 only to the extent of liabilities, costs and expenses relating to the Collateral held for the benefit of such Secured Party, in which case the
obligations of such Secured Party thereunder shall be such Secured Party’s pro rata share (based on the amount of Obligations owing to such Secured Party relative to the aggregate amount of Obligations) of such liabilities, costs and expenses,
(ii) except as set forth specifically herein, the Administrative Agent, the Lenders and the Issuing Lender shall be entitled to act in its sole discretion, without regard to the interest of such Secured Party, regardless of whether any
Obligation to such Secured Party thereafter remains outstanding, is deprived of the benefit of the Collateral, becomes unsecured or is otherwise affected or put in jeopardy thereby, and without any duty or liability to such Secured Party or any such
Obligation and (iii) except as specifically set forth herein, such Secured Party shall not have any right to be notified of, consent to, direct, require or be heard with respect to, any action taken or omitted in respect of the Collateral or
under any Credit Document. 
 Section 10.13. [Reserved.] 

Section 10.14. Acceptance of Title. The Administrative Agent in its capacity as collateral or otherwise may accept without inquiry
such title as the Borrower or Subsidiary Guarantor may have to the assets secured pursuant to the Security Documents. 
 Section 10.15.
No Obligation To Hold Title Deeds. The Administrative Agent in its capacity as collateral agent or otherwise shall not be under any obligation to hold any title deed, Security Documents or any other documents in connection with the Security
Documents or any other documents in connection with the assets that are the subject of any Security Document or any other such security in its own possession or to take any steps to protect or preserve the same. The Administrative Agent may permit
any Person to retain all such title deeds, Security Documents and other documents in its possession. The Administrative Agent will use all reasonable care to ensure the safe custody of all such title deeds, Security Documents and other documents in
its possession but shall not be liable for the damage or destruction of any such deeds, Security Documents or documents except to the extent caused by the willful default or gross negligence of the Administrative Agent or any of its employees or
agents. The Administrative Agent shall be at liberty to place any Security Document and any other instruments, documents or deeds delivered to it pursuant to them or in connection with them for the time being in its possession in any safe deposit,
safe or receptacle selected by the Administrative Agent, or with any bank, any company whose business includes undertaking the safe custody of documents or any firm of lawyers of good repute and, in the absence of gross negligence, willful
misconduct, bad faith or material breach of the Credit Documents on the part of the Administrative Agent, as applicable, the Administrative Agent shall not be responsible for any loss thereby incurred. 

  
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 Section 10.16. [Reserved.] 

Section 10.17. Arrangers. Notwithstanding any other provision of this Agreement or any of the other Credit Documents, the
Arrangers are named as such for recognition purposes only, and in their capacities as such shall have no powers, rights, duties, responsibilities or liabilities with respect to this Agreement and the other Credit Documents and the transactions
contemplated hereby and thereby. 
 Section 10.18. Administrative Agent May File Bankruptcy Disclosure and Proofs of Claim. In
case of the pendency of any proceeding under any Debtor Relief Laws relative to any Credit Party, the Administrative Agent (irrespective of whether the principal of any Loan or Obligation under a Letter of Credit shall then be due and payable as
herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered (but not obligated) by intervention in such proceeding or otherwise:

 (a) to file a verified statement pursuant to rule 2019 of the Federal Rules of Bankruptcy Procedure that, in its sole opinion, complies
with such rule’s disclosure requirements for entities representing more than one creditor; 
 (b) to file and prove a claim for the
whole amount of the principal and interest and premium owing and unpaid in respect of the Loans and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the
Lenders, the Issuing Lender and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its respective agents and counsel and all other amounts due the
Administrative Agent under Sections 2.09, 3.04, 12.01 and 12.02, allowed in such judicial proceeding); and 
 (c) to collect and
receive any monies or other property payable or deliverable on any such claims and to distribute the same; and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby
authorized by each Lender and the Issuing Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the Lenders and the Issuing Lender, to pay to
the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due to the Administrative Agent under Sections 2.09,
12.01 and 12.02. To the extent that the payment of any such compensation, expenses, disbursements and advances of the Administrative Agent, its agents and counsel, and any other amounts due to the Administrative Agent under Sections 2.09, 12.01
and 12.02 out of the estate in any such proceeding, shall be denied for any reason, payment of the same shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends, money, securities and other properties that the
Lenders or the Issuing Lender may be entitled to receive in such proceeding whether in liquidation or under any plan of reorganization or arrangement or otherwise. Nothing contained herein shall be deemed to authorize the Administrative Agent to
authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or to authorize the Administrative Agent to vote in respect
of the claim of any Lender in any such proceeding. 

  
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 Section 10.19. Credit Bid. Each of the Lenders hereby irrevocably authorizes (and by
entering into a Hedge Agreement with respect to any Secured Hedging Obligation and/or by entering into documentation in connection with any Cash Management Obligation, each of the other Secured Parties hereby authorizes and shall be deemed to
authorize) the Administrative Agent, on behalf of all Secured Parties to take any of the following actions upon the instruction of the Required Lenders: 

(a) consent to the Disposition of all or any portion of the Collateral free and clear of the Liens securing the Secured Obligations in
connection with any Disposition pursuant to the applicable provisions of the Bankruptcy Code, including Section 363 thereof; 
 (b)
credit bid all or any portion of the Secured Obligations, or purchase all or any portion of the Collateral (in each case, either directly or through one or more acquisition vehicles), in connection with any Disposition of all or any portion of the
Collateral pursuant to the applicable provisions of the Bankruptcy Code, including under Section 363 thereof; 
 (c) credit bid all or
any portion of the Secured Obligations, or purchase all or any portion of the Collateral (in each case, either directly or through one or more acquisition vehicles), in connection with any Disposition of all or any portion of the Collateral pursuant
to the applicable provisions of the UCC, including pursuant to Sections 9-610 or 9-620 of the UCC; 
 (d) credit bid all or any portion of
the Secured Obligations, or purchase all or any portion of the Collateral (in each case, either directly or through one or more acquisition vehicles), in connection with any foreclosure or other Disposition conducted in accordance with applicable
law following the occurrence of an Event of Default, including by power of sale, judicial action or otherwise; and/or 
 (e) estimate the
amount of any contingent or unliquidated Secured Obligations of such Lender or other Secured Party; 
 it being understood that no Lender shall be required
to fund any amount in connection with any purchase of all or any portion of the Collateral by the Administrative Agent pursuant to the foregoing clauses (b), (c) or (d) without its prior written consent. 

Each Secured Party agrees that the Administrative Agent is under no obligation to credit bid any part of the Secured Obligations or to
purchase or retain or acquire any portion of the Collateral; provided that, in connection with any credit bid or purchase described under clauses (b), (c) or (d) of the preceding paragraph, the Secured Obligations owed to all
of the Secured Parties (other than with respect to contingent or unliquidated liabilities as set forth in the next succeeding paragraph) may be, and shall be, credit bid by the Administrative Agent on a ratable basis. 

With respect to each contingent or unliquidated claim that is a Secured Obligation, the Administrative Agent is hereby authorized, but is not
required, to estimate the amount thereof for purposes of any credit bid or purchase described in the second preceding paragraph so long as 

  
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the estimation of the amount or liquidation of such claim would not unduly delay the ability of the Administrative Agent to credit bid the Secured Obligations or purchase the Collateral in the
relevant Disposition. In the event that the Administrative Agent, in its sole and absolute discretion, elects not to estimate any such contingent or unliquidated claim or any such claim cannot be estimated without unduly delaying the ability of the
Administrative Agent to consummate any credit bid or purchase in accordance with the second preceding paragraph, then any contingent or unliquidated claims not so estimated shall be disregarded, shall not be credit bid, and shall not be entitled to
any interest in the portion or the entirety of the Collateral purchased by means of such credit bid. 
 Each Secured Party whose Secured
Obligations are credit bid under clauses (b), (c) or (d) of the third preceding paragraph shall be entitled to receive interests in the Collateral or any other asset acquired in connection with such credit bid (or in the Capital Stock of
the acquisition vehicle or vehicles that are used to consummate such acquisition) on a ratable basis in accordance with the percentage obtained by dividing (x) the amount of the Secured Obligations of such Secured Party that were credit bid in
such credit bid or other Disposition, by (y) the aggregate amount of all Secured Obligations that were credit bid in such credit bid or other Disposition. 

ARTICLE 11 

GUARANTY 

Section 11.01. The Guaranty. (a) In order to induce the Lenders to enter into this Agreement and to extend credit hereunder
and in recognition of the direct benefits to be received by each Guarantor from the extensions of credit hereunder, each Guarantor hereby unconditionally and irrevocably jointly and severally guaranties as primary obligor and not merely as surety
the full and prompt payment when due, whether upon maturity, by acceleration or otherwise, of any and all Secured Obligations to the Administrative Agent and the Secured Parties. If any or all of the Secured Obligations to the Administrative Agent
and the Secured Parties becomes due and payable hereunder, each Guarantor unconditionally promises to pay such indebtedness to the Administrative Agent and the Secured Parties, on order, or demand, together with any and all reasonable expenses which
may be incurred by the Administrative Agent or the Secured Parties in collecting any of the Secured Obligations. The guaranty of each Guarantor contained in this Article 11 is a guaranty of payment and not of collection. 

(b) Notwithstanding any provision to the contrary contained herein or in any other Credit Document, to the extent the obligations of any
Guarantor shall be adjudicated to be invalid or unenforceable for any reason (including, without limitation, because of any applicable state or federal law relating to fraudulent conveyances or transfers) then the obligations of such Guarantor
hereunder shall be limited to the maximum amount that is permissible under applicable law (whether federal or state and including, without limitation, any Debtor Relief Law). 

Section 11.02. Bankruptcy. Additionally, each Guarantor unconditionally and irrevocably guaranties the payment of any and all
Secured Obligations of the Borrower to the Secured Parties whether or not due or payable by the Borrower upon the occurrence of any of the events specified in Section 9.01(f) or 9.01(g), and unconditionally promises to pay such Secured

  
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Obligations to the Administrative Agent for the account of the Secured Parties, or order, on demand. Each Credit Party further agrees that to the extent that the Borrower or a Guarantor shall
make a payment or a transfer of an interest in any property to the Administrative Agent or any Secured Party, which payment or transfer or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, or otherwise is
avoided, and/or required to be repaid to the Borrower or such Guarantor, the estate of the Borrower or such Guarantor, a trustee, receiver or any other party under any Debtor Relief Law, state or federal law, common law or equitable cause, then to
the extent of such avoidance or repayment, the obligation or part thereof intended to be satisfied shall be revived and continued in full force and effect as if said payment had not been made. 

Section 11.03. Nature of Liability. The liability of each Guarantor hereunder is exclusive and independent of any security for or
other guaranty of the indebtedness of the Borrower and no Guarantor’s liability hereunder shall be affected or impaired by (a) any direction as to application of payment by the Borrower or by any other party, or (b) any other
continuing or other guaranty, undertaking or maximum liability of a guarantor or of any other party as to the indebtedness of the Borrower, or (c) any payment on or in reduction of any such other guaranty or undertaking, or (d) any
dissolution, termination or increase, decrease or change in personnel by the Borrower, or (e) any payment made to the Administrative Agent or the Secured Parties on the indebtedness which the Administrative Agent or such Secured Parties repay
the Borrower pursuant to court order in any bankruptcy, reorganization, arrangement, moratorium or other debtor relief proceeding, and each Guarantor hereby waives any right to the deferral or modification of its obligations hereunder by reason of
any such proceeding. Notwithstanding anything to the contrary in this Agreement, the aggregate liability of the Guarantors and their respective Subsidiaries under the Credit Documents shall not exceed the aggregate amount of the Secured Obligations.

 Section 11.04. Independent Obligation. The obligations of each Guarantor hereunder are independent of the obligations of any
other Guarantor or the Borrower, and a separate action or actions may be brought and prosecuted against any Guarantor whether or not action is brought against any other Guarantor or the Borrower and whether or not any other Guarantor or the Borrower
is joined in any such action or actions. 
 Section 11.05. Authorization. Each Guarantor authorizes the Administrative Agent and
each Secured Party without notice or demand (except as shall be required by applicable statute and cannot be waived), and without affecting or impairing its liability hereunder, from time to time to (a) renew, compromise, extend, increase,
accelerate or otherwise change the time for payment of, or otherwise change the terms of the indebtedness or any part thereof in accordance with this Agreement, including any increase or decrease of the rate of interest thereon, (b) take and
hold security from any guarantor or any other party for the payment of these Guaranties or the indebtedness and exchange, enforce waive and release any such security, (c) apply such security and direct the order or manner of sale thereof as the
Administrative Agent and the Secured Parties in their discretion may determine and (d) release or substitute any one or more endorsers, guarantors, the Borrower or other obligors. 

  
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 Section 11.06. Reliance. It is not necessary for the Administrative Agent or the
Secured Parties to inquire into the capacity or powers of the Borrower or any Guarantor or the officers, directors, members, partners or agents acting or purporting to act on its behalf, and any indebtedness made or created in reliance upon the
professed exercise of such powers shall be guaranteed hereunder. 
 Section 11.07. Waiver. (a) Subject to
Section 11.09, each Guarantor waives any right (except as shall be required by applicable statute and cannot be waived) to require the Administrative Agent or any Secured Party to (i) proceed against the Borrower, any other Guarantor or
any other party, (ii) proceed against or exhaust any security held from the Borrower, any other Guarantor or any other party, or (iii) pursue any other remedy in the Administrative Agent’s or any Secured Party’s power whatsoever.
Each Guarantor waives any defense based on or arising out of any defense of the Borrower, any other guarantor or any other party other than if such Guarantor is released pursuant to Section 11.09 hereof, including without limitation any defense
based on or arising out of the disability of the Borrower, any other Guarantor or any other party, or the unenforceability of the indebtedness or any part thereof from any cause, or the cessation from any cause of the liability of the Borrower other
than if such Guarantor is released pursuant to Section 11.09 hereof. The Administrative Agent may, at its election, foreclose on any security held by the Administrative Agent or a Secured Party by one or more judicial or nonjudicial sales,
whether or not every aspect of any such sale is commercially reasonable (to the extent such sale is permitted by applicable law), or exercise any other right or remedy the Administrative Agent and any Secured Party may have against the Borrower or
any other party, or any security, without affecting or impairing in any way the liability of any Guarantor hereunder except to the extent the Obligations have been paid. Each Guarantor waives any defense arising out of any such election by the
Administrative Agent and each of the Secured Parties, even though such election operates to impair or extinguish any right of reimbursement or subrogation or other right or remedy of such Guarantor against the Borrower or any other party or any
security. 
 (b) Each Guarantor waives all presentments, demands for performance, protests and notices, including without limitation notices
of nonperformance, notice of protest, notices of dishonor, notices of acceptance of these Guaranties, and notices of the existence, creation or incurring of new or additional indebtedness. Each Guarantor assumes all responsibility for being and
keeping itself informed of the Borrower’s financial condition and assets, and of all other circumstances bearing upon the risk of nonpayment of the indebtedness and the nature, scope and extent of the risks which each Guarantor assumes and
incurs hereunder, and agrees that neither the Administrative Agent nor any Secured Party shall have any duty to advise any Guarantor of information known to it regarding such circumstances or risks. 

(c) Each Guarantor hereby agrees it will not exercise any rights of subrogation which it may at any time otherwise have as a result of these
Guaranties (whether contractual, under Section 509 of Title 11, United States Code, or otherwise) to the claims of the Secured Parties against the Borrower or any other guarantor of the indebtedness of the Borrower owing to the Secured Parties
(collectively, the “Other Parties”) and all contractual, statutory or common law rights of reimbursement, contribution or indemnity from any Other Party which it may at any time otherwise have as a result of these Guaranties until
such Guarantor is released pursuant to Section 11.09 hereof. Each Guarantor hereby further agrees not to exercise any right to enforce any other remedy which the Administrative Agent and the Secured Parties now have or may hereafter have
against any Other Party, any endorser or any other guarantor of all or any part of 

  
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the indebtedness of the Borrower and any benefit of, and any right to participate in, any security or collateral given to or for the benefit of the Secured Parties to secure payment of the
indebtedness of the Borrower until such Guarantor is released pursuant to Section 11.09 hereunder. 
 Section 11.08. Limitation
on Enforcement. The Secured Parties agree that these Guaranties may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Lenders and that no Secured Party shall have any right individually to
seek to enforce or to enforce these Guaranties, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Agreement. 

Section 11.09. Release of Guarantors. Notwithstanding anything in Section 12.06 to the contrary, a Subsidiary Guarantor shall
automatically be released from its obligations hereunder and its Guaranty shall be automatically released (a) upon the consummation of any transaction or related series of transactions permitted hereunder if as a result thereof such Subsidiary
Guarantor shall cease to be a Restricted Subsidiary (or constitutes an Excluded Subsidiary) or (b) upon the occurrence of the Termination Date. In connection with any such release, the Administrative Agent shall promptly execute and deliver to
any Guarantor, at such Guarantor’s expense, all documents that such Guarantor shall reasonably request to evidence termination or release. Any execution and delivery of documents pursuant to the preceding sentence of this Section 11.09
shall be without recourse to or warranty by the Administrative Agent (other than as to the Administrative Agent’s authority to execute and deliver such documents). 

Section 11.10. Keepwell. Each Guarantor hereby jointly and severally absolutely, unconditionally and irrevocably undertakes to
provide such funds or other support as may be needed from time to time by each other Credit Party to honor all of its obligations under this Guaranty in respect of Swap Obligations upon the occurrence of any event of default hereunder (provided,
however, that each shall only be liable under this Section 11.10 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 11.10, or otherwise under this Guaranty, as it
relates to such Credit Party, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Guarantor under this Section 11.10 shall remain in full force and
effect until a discharge of Secured Obligations. Each Guarantor intends that this Section 11.10 constitute, and this Section 11.10 shall be deemed to constitute, a “keepwell, support, or other agreement” for the benefit of each
other Credit Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 
 ARTICLE 12 

MISCELLANEOUS 

Section 12.01. Fees and Expenses. The Borrower agrees (a) to pay all reasonable and documented out-of-pocket costs and
expenses of each Arranger, the Administrative Agent, each Issuing Lender and their respective Affiliates (but, except as otherwise expressly agreed in writing prior to the Closing Date with respect to legal fees incurred by the Administrative Agent
prior to the Closing Date, limited, in the case of legal fees and expenses, to the actual reasonable and documented out-of-pocket fees and expenses of one firm of outside counsel to all such 

  
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Persons taken as a whole and, if necessary, of one local counsel in any relevant jurisdiction to all such Persons, taken as a whole) in connection with the due diligence investigation in
connection with, and the preparation, negotiation, execution, delivery and syndication of, this Agreement and the other Credit Documents, and any amendment, modification or waiver hereof or thereof or consent with respect hereto or thereto and the
administration, monitoring and review of the Loans and the Collateral, and (b) to pay all reasonable and documented out-of-pocket costs and expenses of the Administrative Agent, each Issuing Lender or the Lenders and each of their respective
Affiliates (but limited, in the case of legal fees and expenses, to the actual reasonable and documented out-of-pocket fees and expenses of one firm of outside counsel to all such Persons taken as a whole and, if necessary, of one local counsel in
any relevant jurisdiction to such Persons, taken as a whole, and, solely in the case of an actual or perceived conflict of interest and to the extent notice thereof is provided to the Borrower, one additional counsel to all affected Persons taken as
a whole and, if necessary, one additional local counsel in each relevant jurisdiction to all affected Persons taken as a whole) in connection with any refinancing or restructuring of the credit arrangement provided under this Agreement, whether in
the nature of a “work-out,” in any insolvency or bankruptcy proceeding or otherwise and whether or not consummated, or in connection with the enforcement, attempted enforcement or preservation of any rights or remedies under this Agreement
or any of the other Credit Documents, whether in any action, suit or proceeding (including any bankruptcy or insolvency proceeding) or otherwise. Other than to the extent required to be paid on the Closing Date, all amounts due under this
Section 12.01 shall be payable by the Borrower within 30 days of receipt of an invoice relating thereto, setting forth such expenses in reasonable detail and together with reasonable backup documentation supporting such reimbursement requests.

 Section 12.02. Indemnification. (a) The Borrower agrees to indemnify and hold the Administrative Agent, the Arrangers,
the Issuing Lender and each other Lender and each of their Related Parties (each, an “Indemnified Person”) harmless from and against any and all actual out-of-pocket losses, liabilities, costs and expenses (but limited, in the case
of legal fees and expenses, to the actual reasonable fees and documented out-of-pocket fees and expenses of one firm of outside counsel to the Indemnified Persons, taken as a whole and, if necessary, of one local counsel in each relevant
jurisdiction to the Indemnified Persons, taken as a whole, and solely in the case of an actual or perceived conflict of interest, one additional legal counsel to all such affected Indemnified Persons, taken as a whole) (collectively,
“Indemnified Costs”), that may at any time be imposed on, incurred by or asserted against any such Indemnified Person as a result of, arising from or in any way relating to the preparation, execution, performance or enforcement of
this Agreement or any of the other Credit Documents, the syndication and administration of the facilities, any of the transactions contemplated herein or therein or any transaction financed or to be financed in whole or in part, directly or
indirectly, with the proceeds of any Loans or Letters of Credit (including, without limitation, in connection with the actual or alleged generation, presence, discharge or release of any Hazardous Substances on, into or from, or the transportation
of Hazardous Substances to or from, any real property at any time owned, operated or leased by Holdings or any of its Subsidiaries or any of their respective predecessors in interest (the “Covered Real Property”), any Environmental
Claims against or relating to Holdings, any of its Subsidiaries or Covered Real Property, and any violation of or liability under any Environmental Law of or relating to Holdings or any of its Subsidiaries or with respect to any Covered Real
Property), or any action, suit or proceeding (including any inquiry or investigation) by any Person, whether threatened or initiated, related to any of the foregoing, and 

  
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in any case whether or not the Borrower or such Indemnified Person or their respective affiliates is a party to any such action, proceeding or suit or a subject of any such inquiry or
investigation; provided, however, that no Indemnified Person shall have the right to be indemnified hereunder for any Indemnified Costs to the extent such Indemnified Costs (x) are determined by a final and nonappealable judgment
of a court of competent jurisdiction to have resulted from the gross negligence, willful misconduct, bad faith or material breach of the Credit Documents by, such Indemnified Person or any of its Related Parties or (y) arise in connection with
a dispute, claim, litigation, investigation or proceeding brought by such Indemnified Person (or its Related Parties) against another Indemnified Person (or its Related Parties) (other than any dispute, claim, litigation, investigation or proceeding
against the Administrative Agent or an Arranger, acting in its capacity as such under the Credit Facilities) that does not involve any act or omission of Holdings, the Borrower or any of its Subsidiaries. Each Indemnified Person shall be obligated
to refund or return any and all amounts paid or reimbursed by the Borrower pursuant to this Section 12.02(a) to such Indemnified Person for any fees, expenses, or damages to the extent such Indemnified Person is not entitled to payment thereof
in accordance with the terms hereof. All amounts due under this Section 12.02(a) shall be payable by the Borrower within 30 days (x) after receipt by the Borrower of a written demand therefor, in the case of any indemnification obligations
and (y) in the case of reimbursement of costs and expenses, after receipt by the Borrower of an invoice setting forth such costs and expenses in reasonable detail, together with backup documentation supporting the relevant reimbursement
request. This Section 12.02(a) shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from any non-Tax claim. 

(b) To the extent permitted by applicable law, no party hereto shall assert, and each party hereto hereby waives, any claim against any other
party hereto, their respective Related Parties on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) (whether or not the claim therefor is based on contract, tort or duty
imposed by any applicable legal requirement) arising out of, in connection with, as a result of, or in any way related to, this Agreement or any Credit Document or any agreement or instrument contemplated hereby or thereby or referred to herein or
therein, the transactions contemplated hereby or thereby, any Loan or the use of the proceeds thereof or any act or omission or event occurring in connection therewith, and each party hereto hereby waives, releases and agrees not to sue upon any
such claim or any such damages, whether or not accrued and whether or not known or suspected to exist in its favor; provided that nothing contained in this clause (b) shall limit any Credit Party’s indemnification obligations set
forth in clause (a) of this Section 12.02 to the extent such special, indirect, consequential or punitive damages are included in any third party claim in connection with which such Indemnified Person is entitled to indemnification
hereunder. 
 Section 12.03. Governing Law; Consent to Jurisdiction. THIS AGREEMENT AND THE OTHER CREDIT DOCUMENTS HAVE BEEN
EXECUTED, DELIVERED AND ACCEPTED IN, AND SHALL BE DEEMED TO HAVE BEEN MADE IN, NEW YORK AND SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK (WITHOUT REGARD TO THE CONFLICTS OF LAW PROVISIONS
THEREOF); PROVIDED THAT EACH CREDIT DOCUMENT THAT HAS AN EXPRESS GOVERNING LAW PROVISION SHALL BE GOVERNED BY AND CONSTRUED AND ENFORCED IN ACCORDANCE WITH THE 

  
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LAWS OF THE STATE PROVIDED FOR THEREIN. EACH PARTY HERETO HEREBY CONSENTS TO THE EXCLUSIVE JURISDICTION OF ANY STATE COURT WITHIN NEW YORK COUNTY, NEW YORK OR ANY FEDERAL COURT LOCATED WITHIN THE
SOUTHERN DISTRICT OF NEW YORK FOR ANY PROCEEDING INSTITUTED HEREUNDER OR UNDER ANY OF THE OTHER CREDIT DOCUMENTS, OR ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER CREDIT DOCUMENTS, OR ANY PROCEEDING TO WHICH THE
ADMINISTRATIVE AGENT OR ANY LENDER OR ANY CREDIT PARTY IS A PARTY, INCLUDING ANY ACTIONS BASED UPON, ARISING OUT OF, OR IN CONNECTION WITH ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENT (WHETHER ORAL OR WRITTEN) OR ACTIONS OF THE ADMINISTRATIVE
AGENT OR ANY LENDER OR ANY CREDIT PARTY (OTHER THAN WITH RESPECT TO ACTIONS BY THE ADMINISTRATIVE AGENT IN RESPECT OF RIGHTS UNDER ANY SECURITY DOCUMENT GOVERNED BY A LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK OR WITH TO ANY COLLATERAL SUBJECT
THERETO). EACH PARTY HERETO IRREVOCABLY AGREES TO BE BOUND (SUBJECT TO ANY AVAILABLE RIGHT OF APPEAL) BY ANY JUDGMENT RENDERED OR RELIEF GRANTED THEREBY AND FURTHER WAIVES ANY OBJECTION THAT IT MAY HAVE BASED ON LACK OF JURISDICTION OR IMPROPER
VENUE OR FORUM NON CONVENIENS TO THE CONDUCT OF ANY SUCH PROCEEDING. EACH PARTY HERETO CONSENTS THAT ALL SERVICE OF PROCESS BE MADE BY REGISTERED OR CERTIFIED MAIL DIRECTED TO IT AT ITS ADDRESS SET FORTH HEREIN BELOW, AND SERVICE SO MADE
SHALL BE DEEMED TO BE COMPLETED UPON THE EARLIER OF ACTUAL RECEIPT THEREOF OR FIVE DAYS AFTER DEPOSIT IN THE UNITED STATES MAILS, PROPER POSTAGE PREPAID AND PROPERLY ADDRESSED. NOTHING IN THIS SECTION SHALL AFFECT THE RIGHT TO SERVE LEGAL PROCESS IN
ANY OTHER MANNER PERMITTED BY LAW OR AFFECT THE RIGHT OF THE ADMINISTRATIVE AGENT OR ANY LENDER TO BRING ANY ACTION OR PROCEEDING AGAINST ANY CREDIT PARTY IN THE COURTS OF ANY OTHER JURISDICTION. 

Section 12.04. Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE EXTENT PERMITTED BY APPLICABLE LAW, ITS
RESPECTIVE RIGHTS TO TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY) ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER CREDIT DOCUMENTS, OR ANY PROCEEDING TO WHICH THE
ADMINISTRATIVE AGENT, THE BORROWER, ANY CREDIT PARTY OR ANY LENDER IS A PARTY, INCLUDING ANY ACTIONS BASED UPON, ARISING OUT OF, OR IN CONNECTION WITH ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENT (WHETHER ORAL OR WRITTEN) OR ACTIONS OF
HOLDINGS, THE BORROWER OR ANY LENDER. The scope of this waiver is intended to be all-encompassing of any and all disputes that may be filed in any court and that relate to the subject matter of this transaction, including, without limitation,
contract claims, tort claims, breach of duty claims and all other common law and statutory claims. Each of Holdings and the Borrower (i) acknowledges that this waiver is a material inducement to enter into a business relationship, that it has
relied on this waiver in entering into this Agreement, and that it will continue to rely on this waiver in its related future dealings with the other parties hereto, and (ii) further warrants and represents that it has reviewed this waiver

  
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with its legal counsel and that, based upon such review, it knowingly and voluntarily waives its jury trial rights to the extent permitted by applicable law. THIS WAIVER SHALL APPLY TO ANY
SUBSEQUENT AMENDMENTS, MODIFICATIONS OR SUPPLEMENTS TO OR RESTATEMENTS OF THIS AGREEMENT OR ANY OF THE OTHER CREDIT DOCUMENTS. IN THE EVENT OF LITIGATION, THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 

Section 12.05. Notices. (a) Except in the case of notices and other communications expressly permitted to be given by
telephone, all notices and other communications provided for hereunder shall be in writing. Subject to Section 12.05(c), any notice or communication required to be delivered in writing may be delivered be delivered by hand, mail,
facsimile or email (including as a “.pdf”, “.tif” or similar attachment) to the party to be notified as follows: 
 (i)
if to any Credit Party, to such Credit Party in care of the Borrower at: 
 MPG Holdco I INC. Attention: Mark P. Blaufuss 

47659 Halyard Drive 
 Plymouth, MI
48170 
 Fax: (734) 207-6475 

Email: MarkBlaufuss@metaldyne.com 

with copies to: 
 American
Securities LLC 
 Attention: Eric Schondorf 

299 Park Avenue, 34th Floor 
 New
York, NY 10171 
 Tel: (212) 476-8078 

Fax: (212) 697-5524 
 Email:
eschondorf@american-securities.com 
 and 

American Securities LLC 

Attention: Loren Easton 
 299 Park
Avenue, 34th Floor 
 New York, NY 10171 

Tel: (212) 476-8029 
 Fax:
(212) 697-5524 
 Email: leaston@american-securities.com 

and 
 Weil, Gotshal &
Manges LLP 
 Attention: Allison Liff 

767 Fifth Avenue, 

  
 181 

 
New York, NY 10153 
 Tel: (212) 310-8118 

Fax: (212) 310-8007 
 Email:
Allison.Liff@weil.com 
 if to the Administrative Agent, to: 

Goldman Sachs Bank USA 

Attention: Jerry Smay 
 Goldman,
Sachs & Co. 
 200 West Street 

New York, NY 10282 
 Tel:
(972) 368-2579 
 Fax: (212) 428-9270 

Email: jerry.smay@gs.com 
 with a
copy to: 
 Latham & Watkins LLP 

Attention: Scott Gottdiener 
 885
Third Avenue 
 New York, NY 10022 

Tel: (212) 906-2960 
 Fax:
(212) 751-4864 
 Email: i.scott.gottdiener@lw.com 

(ii) if to any other Lender or Issuing Lender, to it at its addresses, facsimile number or email address set forth in its
administrative questionnaire; 
 or in each case, to such other address as any party may designate for itself by like notice to the Administrative Agent and
the Borrower. All such notices and communications shall be deemed to have been given (w) if mailed as provided above by any method other than overnight delivery service, on the fourth Business Day after deposit in the mails, (x) if mailed
by overnight delivery service or facsimile transmission, when delivered for overnight delivery or transmitted by facsimile, respectively, (y) if delivered by hand, upon delivery; provided that notices and communications to the
Administrative Agent under Article 2 shall not be effective until received by the Administrative Agent or (z) if sent to an email address, upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the
“return receipt requested” function, as available, return email or other written acknowledgement). 
 (b) Each Public Lender agrees
to cause at least one individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public
Lender or its delegate, in accordance with such Public Lender’s compliance procedures and applicable law, including United States federal and state securities laws, to make reference to information that is

  
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not made available through the “Public Side Information” portion of the Platform and that may contain Non-Public Information with respect to Holdings, its Subsidiaries or their
securities for purposes of United States federal or state securities laws. In the event that any Public Lender has determined for itself to not access any information disclosed through the Platform or otherwise, such Public Lender acknowledges that
(i) other Lenders may have availed themselves of such information and (ii) neither the Borrower nor any of its Affiliates nor the Administrative Agent has any responsibility for such Public Lender’s decision to limit the scope of the
information it has obtained in connection with this Agreement and the other Credit Documents. 
 (c) (i) Notices and other communications to
any Agent, Lenders, the Swingline Lender and the Issuing Lender hereunder may be delivered or furnished by electronic communication (including e mail and secured Internet or intranet websites, including the Platform) pursuant to procedures set forth
herein or approved by the Administrative Agent, provided that the foregoing shall not apply to notices to any Agent, any Lender, the Swingline Lender or the Issuing Lender pursuant to Article 2 if such Person has notified the Administrative
Agent that it is incapable of receiving notices under such Section by electronic communication. The Administrative Agent or the Borrower may, in their discretion, agree to accept notices and other communications to them hereunder by electronic
communications pursuant to procedures other than as set forth herein, provided that approval of such procedures may be limited to particular notices or communications. Unless the Administrative Agent otherwise prescribes, 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 clause (a) above of notification that such notice or communication is
available and identifying the website address therefor. 
 (ii) Each Credit Party understands that the distribution of
material through an electronic medium is not necessarily secure and that there are confidentiality and other risks associated with such distribution and agrees and assumes the risks associated with such electronic distribution, except to the extent
caused by the willful misconduct or gross negligence of the Administrative Agent, as determined by a final, nonappealable judgment of a court of competent jurisdiction. 

(iii) The Platform and any Approved Electronic Communications are provided “as is” and “as available”. None
of the Administrative Agent nor any of its respective officers, directors, employees, agents, advisors or representatives (the “Agent Affiliates”) warrant the accuracy, adequacy, or completeness of the Approved Electronic
Communications or the Platform and each expressly disclaims liability for errors or omissions in the Platform and the Approved Electronic Communications. No warranty of any kind, express, implied or statutory, including any warranty of
merchantability, fitness for a particular purpose, non-infringement of third party rights or freedom from viruses or other code defects is made by the Agent Affiliates in connection with the Platform or the Approved Electronic Communications. 

(iv) Each Credit Party, each Lender, Issuing Lender and each Agent agrees that Administrative Agent may, but shall not be
obligated to, store any Approved Electronic Communications on the Platform in accordance with the Administrative Agent’s customary document retention procedures and policies and subject to Section 12.13. 

  
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 (v) Any notice of Default or Event of Default may be provided by telephone if
confirmed promptly thereafter by delivery of written notice thereof. 
 Section 12.06. Amendments, Waivers, Etc.
(a) Subject to clause (i) of this Section 12.06(a) and no amendment, modification, waiver or discharge or termination of, or consent to any departure by the Borrower or any Credit Party from, any provision of this Agreement or any
other Credit Document, shall be effective unless in a writing signed by the Credit Parties party thereto and the Required Lenders (or by the Administrative Agent at the direction or with the consent of the Required Lenders), and then the same shall
be effective only in the specific instance and for the specific purpose for which given; provided, however, notwithstanding the foregoing: 

(i) unless agreed to by each of the Lenders directly and adversely affected thereby (but without requiring the consent of the
Required Lenders) no such amendment, modification, waiver, discharge, termination or consent shall: 
 (A) increase any
Commitment (other than with respect to any Incremental Facility pursuant to Section 2.22 in respect of which such Lender has agreed to be an Incremental Lender) or extend any Commitment (subject to Section 12.06(c)), in each case, of any
Lender (it being understood that any amendment, modification or waiver of, or consent to departure from, any condition precedent, representation, warranty, covenant, Event of Default, Default, mandatory prepayment or mandatory reduction of the
Commitments, shall not constitute such an increase or extension), 
 (B) change (x) any provision of this
Section 12.06(a) or the definition of “Required Lenders” to reduce any voting percentage required to waive, amend or modify any right thereunder or make any determination or grant any consent thereunder or (y) any provision of
Section 12.06(a)(ii) or 12.06(b) or the definition of “Required Revolving Lenders” without the prior written consent of each Revolving Lender (it being understood that neither the consent of the Required Lenders nor the consent of any
other Lender shall be required in connection with any change to the definition of “Required Revolving Lenders”), 

(C) release all or substantially all of the Collateral or all or substantially all of the value of the Guaranties (in each
case, except as otherwise expressly provided herein or in any other Credit Document, including pursuant to Sections 10.12 or 11.10), 

(D) waive, amend or modify the provisions of (i) Section 2.15 or the definition of “Applicable Percentage”
in a manner that would by its terms alter the pro rata sharing of payments required thereby (except in connection with any transaction permitted under Sections 2.22, 2.23, 12.06(c) and/or 12.07(e) or as otherwise provided in this Agreement) or
(ii) Section 14 of the Security Agreement; 

  
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 (E) reduce the rate of interest (other than any waiver of any increase in the
interest rate applicable to any Loan pursuant to Section 2.08(b), which shall only require the consent of the Required Lenders) or any fee payable hereunder; it being understood that no change in the definition of “First Lien Leverage
Ratio” or any other ratio used in the calculation of the Applicable Margin Percentage or the Commitment Fee Rate, or in the calculation of any other interest or fee due hereunder (including any component definition thereof) shall constitute a
reduction in any rate of interest or fee hereunder, 
 (F) extend (i) the time for payment of any such principal or
interest hereunder with respect to any Loan held by such Lender or (ii) the scheduled final maturity of any Loan or the date of any scheduled payment of any fee payable to such Lender hereunder (in each case, other than any extension for
administrative reasons agreed to by the Administrative Agent), and 
 (G) reduce the principal amount of any Loan owed to
such Lender or waive, reduce or postpone any scheduled repayment (but not prepayment) of principal of any Loan, 
 (ii)
solely with the consent of the Required Revolving Lenders (but without the consent of the Required Lenders or any other Lender), any agreement may waive, amend or modify any condition precedent set forth in Section 4.02 hereof as it pertains to
any Revolving Loan; and 
 (iii) unless agreed to by the Issuing Lender, the Swingline Lender, or the Administrative Agent in
addition to the Lenders required as provided hereinabove to take such action (including the amendment of this Section 12.06(a)(iii)), affect the respective rights or obligations of the Issuing Lender, the Swingline Lender, or the Administrative
Agent, as applicable, hereunder or under any of the other Credit Documents. 
 Notwithstanding anything to the contrary contained in the
foregoing or any other provision of this Agreement or any provision of any other Credit Document: 
 (iv) if the
Administrative Agent and the Borrower have jointly identified any ambiguity, mistake, defect, inconsistency, obvious error or any error or omission of a technical nature or any necessary or desirable technical change, in each case, in any provision
of this Agreement or the other Credit Documents, then the Administrative Agent and the Borrower shall be permitted to amend such provision without the input or need to obtain the consent of any Lender, and the Administrative Agent shall provide
notice of such amendments to the Lenders, 
 (v) the Administrative Agent may, with the consent of the Borrower and the
Issuing Lender, amend, modify or supplement Article 3 hereof pertaining to Letters of Credit to make such technical amendments as may be necessary or appropriate in the reasonable opinion of Issuing Lender relating to Letters of Credit and, solely
with the consent of the relevant Issuing Lender, waive, amend or modify any condition precedent set forth in Section 4.02 as it pertains to the issuance of any Letter of Credit, 

  
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 (vi) the Borrower and the Administrative Agent may, without the input or consent
of any Lender, amend, supplement and/or waive any guaranty, collateral security agreement, pledge agreement and/or related document (if any) executed in connection with this Agreement to (A) comply with any Requirement of Law or the advice of
counsel or (B) cause any such guaranty, collateral security agreement, pledge agreement or other document to be consistent with this Agreement and/or the relevant other Credit Documents, 

(vii) no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder, except
that (i) any such amendment, waiver or consent to the extent that it relates to any matter that disproportionately affects any Defaulting Lender, (ii) the Commitment of any Defaulting Lender may not be increased or extended or
(iii) any decrease, forgiveness or postponement in the payment of principal or interest of any Loan of any Defaulting Lender shall require the consent of such Defaulting Lender (it being understood that any Commitment or Loan held or deemed
held by any Defaulting Lender shall be excluded from any vote hereunder that requires the consent of any Lender), 
 (viii)
this Agreement may be amended (or amended and restated) with the written consent of the Required Lenders, the Administrative Agent and the Borrower (i) to add one or more additional credit facilities to this Agreement and to permit any
extension of credit from time to time outstanding thereunder and the accrued interest and fees in respect thereof to share ratably in the relevant benefits of this Agreement and the other Credit Documents and (ii) to include appropriately the
Lenders holding such credit facilities in any determination of the Required Lenders on substantially the same basis as the Lenders prior to such inclusion, 

(ix) the Borrower and the Administrative Agent may, without the input or consent of any other Lender (other than the relevant
Lenders (including Additional Lenders) providing Loans under such Sections), effect amendments to this Agreement and the other Credit Documents (x) as may be necessary in the reasonable opinion of the Borrower and the Administrative Agent to
effect the provisions of Sections 2.22, 2.23 or 12.06(c) through (h) (or any other provision specifying that any waiver, amendment or modification may be made with only the consent or approval of the Administrative Agent) or as otherwise
permitted pursuant to Section 2.22(j), 2.23(d) or 12.06(g) or (y) to add terms (including representations and warranties, conditions, prepayments, covenants or events of default), in connection with the addition of any additional facility
hereunder, that are favorable to the then-existing Lenders, as reasonably determined by the Administrative Agent, 
 (x) if
any amendment, modification, waiver or consent would materially adversely affect the holders of Loans or Commitments of a particular Class (the “affected Class”) relative to holders of Loans or Commitments of any other Class, then such
amendment, modification, waiver or consent shall require the consent of Lenders holding more than 50% of the aggregate outstanding principal amount of all Loans and unused Commitments of the affected Class, and 

  
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 (xi) the Borrower and the Issuing Lender may, without the input or consent of any
Lender or the Administrative Agent, amend or otherwise modify any Letter of Credit or waive any rights thereunder (other than extensions of the stated expiration date of any Letter of Credit beyond the Revolving Credit Maturity Date). 

(b) Notwithstanding the foregoing, solely with the consent of the Required Revolving Lenders (but without the consent of the Required Lenders
or any other Lender), any agreement may (x) waive, amend or modify Section 7.01 (or the definition of “First Lien Leverage Ratio” or any component definition thereof, in each case, as any such definition is used solely for
purposes of Section 7.01) (other than, in the case of Section 7.01(a), for purposes of determining compliance with such Section as a condition to taking any action under this Agreement) and/or (y) waive, amend or modify
any condition precedent set forth in Section 4.02 as it pertains to any Revolving Loan or Letter of Credit. 
 (c) The
Borrower may from time to time, pursuant to the provisions of this Section 12.06, agree with one or more of the Lenders holding Loans of any Class to extend the Maturity Date, and otherwise modify the economic terms of any such Class or any
portion thereof (including, without limitation, by increasing the interest rate or fees payable and/or modifying the amortization schedule in respect of any Loans of such Class or any portion thereof) (each such modification an
“Extension”) pursuant to one or more written offers (each an “Extension Offer”) made from time to time by the Borrower to all of the Lenders under any Class that is proposed to be extended pursuant to the terms of
this Section 12.06, in each case on a pro rata basis (based on the relative principal amounts of the outstanding Loans of each Lender in such Class) and on the same terms to each such Lender. In connection with each Extension, the Borrower will
provide notification to the Administrative Agent (for distribution to the Lenders of the applicable Class), of the requested new maturity date for the extended Loans of each such Class (each an “Extended Maturity Date”) and the due
date for the Lender responses. In connection with any Extension, each Lender of the applicable Class wishing to participate in such Extension shall, prior to such due date, provide the Administrative Agent with a written notice thereof in a form
reasonably satisfactory to the Administrative Agent. Any Lender that does not respond to an Extension Offer by the applicable due date shall be deemed to have rejected such Extension. After giving effect to any Extension, the Term Loans or Revolving
Loans so extended shall cease to be a part of the Class they were a part of immediately prior to the Extension and shall be a new Class hereunder. 

(d) Each Extension shall be subject to the following: 

(i) no Event of Default shall exist at the time any Extension Offer is delivered to the Lenders or at the time of such
Extension; 
 (ii) except (A) as to interest rates, fees, scheduled amortization, final maturity date and Incremental
Loans under Section 2.22 (which shall, subject to clause (iii) below, be determined by the Borrower and set forth in the relevant Extension Offer), and (B) any covenants or other provisions applicable only to periods after the Latest
Maturity Date, the Term Loans or Revolving Loans, as applicable, of any Lender extended pursuant to any Extension shall have the same terms as the Class of Term Loans or Revolving Loans, as applicable, subject to the related Extension Offer; 

  
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 (iii) the final Maturity Date of any Term Loans or Revolving Loans of a Class to
be extended pursuant to an Extension shall be later than the final Maturity Date of such Class, and the weighted average life to maturity of any Term Loans or Revolving Loans of a Class to be extended pursuant to an Extension shall be no shorter
than the weighted average life to maturity of such Class; 
 (iv) if the aggregate principal amount of Term Loans or
Revolving Loans of a Class in respect of which the Lenders shall have accepted an Extension Offer exceeds the maximum aggregate principal amount of Term Loans or Revolving Loans, as the case may be, of such Class offered to be extended by the
Borrower pursuant to the relevant Extension Offer, then such Loans of such Class shall be extended ratably up to such maximum amount based on the relative principal amounts thereof (not to exceed any Lender’s actual holdings of record) with
respect to which such Lenders accepted such Extension Offer; 
 (v) all documentation in respect of such Extension shall be
consistent with the foregoing; 
 (vi) any applicable Minimum Extension Condition shall be satisfied or waived by the
Borrower; and 
 (vii) no Extension shall become effective unless, on the proposed effective date of such Extension, the
conditions set forth in Section 4.02 shall be satisfied (with all references in such Section to a Borrowing Date being deemed to be references to the Extension on the applicable date of such Extension) and the Administrative Agent shall have
received a certificate to that effect dated the applicable date of such Extension and executed by a Responsible Officer of the Borrower. 

(e) The consummation and effectiveness of any Extension may be conditioned upon a minimum amount (to be determined in the
Borrower’s discretion and specified in the relevant Extension Offer, but in no event less than $2,000,000, unless another amount is agreed to by the Administrative Agent) of any Loans of such Class be extended (a “Minimum Extension
Condition”), as set forth in the relevant Extension Offer. For the avoidance of doubt, it is understood and agreed that the provisions of Section 2.15 and Section 12.06(a) will not apply to Extensions of Term Loans or Revolving
Loans, as applicable, pursuant to Extension Offers made pursuant to and in accordance with the provisions of this Section 12.06, including to any payment of interest or fees in respect of any Term Loans or Revolving Loans, as applicable, that
have been extended pursuant to an Extension at a rate or rates different from those paid or payable in respect of Loans of any other Class, in each case as is set forth in the relevant Extension Offer. 

  
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 (f) No Lender who rejects any request for an Extension shall be deemed a non-consenting
Lender for purposes of Section 2.20; provided, however, that if so requested by the Borrower in an Extension Offer, the Required Lenders may approve an amendment to have such Lenders be deemed non-consenting Lenders and
subject to the terms and conditions of Section 2.20. 
 (g) The Lenders hereby irrevocably authorize the Administrative
Agent to enter into amendments (collectively, “Extension Amendments”) to this Agreement and the other Credit Documents as may be necessary in order establish new Classes of Term Loans or Revolving Loans, as applicable, created
pursuant to an Extension, in each case on terms consistent with this Section 12.06 and all such Extension Amendments entered into with the Borrower by the Administrative Agent hereunder shall be binding on the Lenders. Without limiting the
foregoing, in connection with any Extensions, the appropriate Credit Parties shall (at their expense) amend (and the Administrative Agent is hereby directed to amend) any Mortgage (or any other Credit Document that the Administrative Agent
reasonably requests to be amended to reflect an Extension) that has a maturity date prior to the latest Extended Maturity Date so that such maturity date is extended to the then latest Extended Maturity Date (or such later date as may be advised by
local counsel to the Administrative Agent). 
 (h) In connection with any Extension, the Borrower shall provide the Administrative
Agent at least 10 Business Days’ (or such shorter period as may be agreed by the Administrative Agent) prior written notice thereof, and shall agree to such procedures, if any, as may be reasonably established by, or reasonably acceptable to,
the Administrative Agent to accomplish the purposes of this Section 12.06. 
 Section 12.07. Assignments,
Participations. (a) No Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section 12.07 (any attempted assignment or transfer not complying with the terms of this Section shall be
null and void). Each Lender may assign to one or more other Eligible Assignees all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of its Commitments, the outstanding Loans made by it,
the Note or Notes held by it and its participations in Letters of Credit); provided, however, that: 

(i) no assignment shall be made without the prior written consent of: 

(A) the Borrower, not to be unreasonably withheld (except (I) during the existence of an Event of Default pursuant to
Section 9.01(a), (f) or (g), (II) in the case of Term Loans, for an assignment to another Term Lender, an Affiliate of a Term Lender or an Approved Fund of a Term Lender or (III) in the case of any Revolving Credit Commitments or Revolving
Loans, for an assignment to another Revolving Lender) (provided that the consent of the Borrower shall be deemed to have been given to any such assignment of Term Loans if the Borrower has not objected to such assignment by written notice to
the Administrative Agent within 10 Business Days after receiving a written notice from the Administrative Agent for its consent to such assignment); 

  
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 (B) the Administrative Agent (not to be unreasonably withheld or delayed and to
be evidenced by its counter execution of the relevant Assignment and Acceptance), except for an assignment to another Lender, an Affiliate of a Lender or an Approved Fund of a Lender (provided, however, that such assignment shall not
become effective until the assignee has delivered a duly completed Assignment and Acceptance to the Administrative Agent in respect of such assignment and such assignment shall have been recorded in the register pursuant to
Section 12.07(c) below); and 
 (C) in the case of an assignment of any Revolving Credit Commitments or Revolving
Loans, the Issuing Lender and Swingline Lender (in each case, not to be unreasonably withheld or delayed and to be evidenced by its counter execution of the relevant Assignment and Acceptance), 

(ii) each such assignment shall be of a uniform, and not varying, percentage of all of the assigning Lender’s rights and
obligations under this Agreement, and with respect to each Class of Loans, each such assignment by a Lender of any of its interests relating to Loans of a particular Class shall be made in such manner so that the same portion of its Commitment,
Loans, Note or Notes and other interests under and with respect to such Class is assigned to the relevant Eligible Assignee, 

(iii) except in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no such assignment shall
be in an aggregate principal amount of Loans or Commitments of the assigning Lender subject to each such assignment (determined as of the date of the Assignment and Acceptance with respect to such assignment) less than (x) in the case of Term
Loans, $1,000,000 (or, if less, the full amount of the assigning Lender’s outstanding Term Loans) (provided that a series of assignments by or to any Eligible Assignee, its Affiliates and its Approved Funds on the same day shall be
deemed to be one assignment for purposes of this clause (x)), (y) in the case of Revolving Credit Commitments and Revolving Loans, $2,500,000 (or, if less, the entire Revolving Credit Commitment or Revolving Loan of the assigning Lender) or
(z) in the case of Swingline Loans, the entire Swingline Commitment and the full amount of the outstanding Swingline Loans, and 

(iv) the parties to each such assignment will execute and deliver to the Administrative Agent, for its acceptance and recording
in the Register, an Assignment and Acceptance, together with any Note or Notes subject to such assignment, and will pay a nonrefundable processing fee of $3,500 to the Administrative Agent for its own account; provided, however, that
any series of assignments by or to any Eligible Assignee, its Affiliates and its Approved Funds on the same day shall be deemed to be one assignment for purposes of calculating this processing fee. Upon such execution, delivery, acceptance and
recording of the Assignment and Acceptance, from and after the effective date specified therein, (A) the Eligible Assignee thereunder shall be a party hereto and, to the extent that rights and obligations hereunder have been assigned to it
pursuant to such Assignment and Acceptance, shall have the rights and obligations of the assigning Lender hereunder with respect thereto and (B) the assigning Lender shall, (I) to the extent that rights and obligations hereunder have been
assigned by it pursuant to such Assignment and Acceptance, relinquish its rights (other than rights under the provisions of this Agreement and the other Credit Documents relating to indemnification or payment of fees, costs and expenses, to the
extent such rights relate to the time prior to the date of 

  
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such Assignment and Acceptance and subject to its obligations thereunder and under Section 12.13) and be released from its obligations under this Agreement (and, in the case of an Assignment
and Acceptance covering all or the remaining portion of such assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto). The terms and provisions of each Assignment and Acceptance shall, upon
the effectiveness thereof, be incorporated into and made a part of this Agreement, and the covenants, agreements and obligations of each Lender set forth therein shall be deemed made to and for the benefit of the Administrative Agent and the other
parties hereto as if set forth at length herein. 
 (b) The Administrative Agent, acting solely for this purpose as a non-fiduciary
agent of the Borrower, shall maintain at its address for notices referred to herein a copy of each Assignment and Acceptance delivered to and accepted by it and a register for the recordation of the names and addresses of the Lenders and the
Commitments of, and principal amount and stated interest of the Loans owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive and binding for all
purposes, absent manifest error, and the Borrower, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement. The
Register shall be available for inspection by each Lender (with respect to (i) any entry relating to such Lender’s Loans and (ii) any entry relating to the Loans of Affiliated Lenders) and the Borrower at any reasonable time and from
time to time upon reasonable prior notice. 
 (c) Upon its receipt of (I) a duly completed Assignment and Acceptance executed by
an assigning Lender and an Eligible Assignee, (II) any written consent to such assignment required by paragraph (a) of this Section 12.07, (III) any surrendered Note or Notes subject to such assignment and (IV) the processing fee referred
to in subsection (a) above, if applicable and not otherwise waived, the Administrative Agent will (i) accept such Assignment and Acceptance, (ii) on the effective date thereof, record the information contained therein in the Register
and (iii) give notice thereof to the Borrower. Promptly after its receipt of such notice, the Borrower, at its own expense, if requested by any Eligible Assignee in writing, will execute and deliver to the Administrative Agent, in exchange for
the surrendered Note or Notes, a new Note or Notes to such Eligible Assignee (and, if the assigning Lender has retained any portion of its rights and obligations hereunder, to the assigning Lender), prepared in accordance with the applicable
provisions of Section 2.04 as necessary to reflect, after giving effect to the assignment, the Commitments (or outstanding Term Loans) of such Eligible Assignee and (to the extent of any retained interests) the assigning Lender, dated the date
of the replaced Note or Notes and otherwise in substantially the form of Exhibits A-1, A-2 and A-3, as applicable. 
 (d)
Notwithstanding anything to the contrary contained herein, each Lender shall have the right at any time to sell, assign or transfer all or a portion of its Term Loan Commitment and Term Loans owing to it (provided, however, that each
assignment shall be of a uniform, and not varying, percentage of all rights and obligations under and in respect of any applicable Term Loan and any related Term Loan Commitments) to any Affiliated Lender on a non pro rata basis through (x) one
or more Dutch Auctions (provided that (A) notice of the Dutch Auction shall be made to all Lenders of the applicable Class and (B) the Dutch Auction shall be conducted pursuant to such procedures as the Auction Manager may establish
which are consistent with the  

  
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Dutch Auction procedures set forth on Exhibit G and are otherwise reasonably acceptable to the Borrower and the Auction Manager) or (y) open market purchases, in each case with respect
to clauses (x) and (y), without the consent of the Administrative Agent, and subject to the following additional limitations: 

(i) any Term Loans acquired by Holdings, the Borrower or any of its Restricted Subsidiaries shall, to the extent permitted by
applicable Requirements of Law, be retired and cancelled promptly upon the acquisition thereof; provided that upon any such retirement and cancellation, the aggregate outstanding principal amount of the Term Loans of the applicable Class shall be
deemed reduced by the full par value of the aggregate principal amount of the Term Loans so retired and cancelled, and each principal repayment installment with respect to the Term Loans of such Class pursuant to Section 2.06(a) shall be
reduced pro rata by the full par value of the aggregate principal amount of Term Loans so retired and cancelled; 
 (ii) any
Term Loans acquired by any Non-Debt Fund Affiliate may (but shall not be required to) be contributed to Holdings, the Borrower or any of its Restricted Subsidiaries (it being understood that any such Term Loans shall, to the extent permitted by
applicable Requirements of Law, be retired and cancelled promptly upon such contribution) and which may be converted into or exchanged for debt or equity securities that are permitted to be issued by such Person at such time; provided that
upon any such cancellation, of the aggregate outstanding principal amount of the Term Loans of the applicable Class shall be deemed reduced, as of the date of such contribution, by the full par value of the aggregate principal amount of the Term
Loans so contributed and cancelled, and each principal repayment installment with respect to the Term Loans of such Class pursuant to Section 2.06(a) shall be reduced pro rata by the full par value of the aggregate principal amount of Term
Loans so contributed and cancelled; 
 (iii) the aggregate principal amount of Term Loans purchased by assignment pursuant to
this Section 12.07(d) and held at any one time by Affiliated Lenders may not exceed 25% of the outstanding principal amount of all Term Loans, determined after giving effect to any substantially simultaneous cancellations thereof; 

(iv) the assigning Lender and the Affiliated Lender purchasing such Lender’s Term Loans shall execute and deliver to the
Auction Manager or the Administrative Agent, as applicable, an Affiliate Assignment Agreement; 
 (v) each Affiliated Lender,
solely in its capacity as an Affiliated Lender, hereby agrees that such Affiliated Lender shall have no right: 
 (A) to vote
with respect to any amendment, modification, waiver, consent or other such action with respect to any of the terms of this Agreement or any other Credit Document and the Term Loan held by such Affiliated Lender shall be disregarded in both the
numerator and denominator in the calculation of Required Lenders or any other Lender vote; provided that, notwithstanding the foregoing, such Affiliated Lender shall have the right to vote (and the Term Loans held by such Affiliated lender
shall not be so disregarded) with respect to any 

  
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amendment, modification, waiver, consent or other such action that requires the vote of all Lenders or all Lenders directly and adversely affected thereby, as the case may be, provided,
further, that no amendment, modification, waiver, consent or other such action shall (1) disproportionately affect such Affiliated Lender in its capacity as a Lender as compared to the other Lenders of the same Class that are not
Affiliated Lenders, (2) increase the Commitments or obligations of any Affiliated Lender, (3) extend the due dates for payments of interest and scheduled amortization (including at maturity) of any Term Loans owed to any Affiliated Lender,
(4) reduce the amounts owing to any Affiliated Lender or (5) deprive any Affiliated Lender of its share of any payments which the Lenders are entitled to share on a pro rata basis hereunder in each case without the consent of such
Affiliated Lender; or 
 (B) to attend (or receive any notice of) any meeting, conference call or participate in any meeting
or discussions among the Administrative Agent or any Lender or among the Lenders to which the Credit Parties or their representatives are not invited or receive any information prepared by the Administrative Agent or any other Lender (other than
notices of borrowings, prepayments and other administrative notices in respect of its Loans, Commitments required to be delivered to the Lenders pursuant to Article 2 and/or materials that have been otherwise made available to any Credit Party or
its Affiliates or Representatives). 
 (vi) in connection with any assignment effected pursuant to a Dutch Auction and/or
open market purchase conducted by Holdings, the Borrower or any of its Restricted Subsidiaries, the relevant Person may not use the proceeds of any Revolving Loan to fund such assignment; 

(vii) with respect to any votes in any proceedings under applicable Debtor Relief Laws, each Affiliated Lender shall be deemed
to have voted in the same proportion as the allocation of voting with respect to such matter by those Lenders who are not Affiliated Lenders, except to the extent that any plan of reorganization under the Bankruptcy Code or any other arrangement
under any Debtor Relief Laws with respect to which votes are being sought proposes to treat the Obligations held by such Affiliated Lender in a manner that is less favorable to such Affiliated Lender in any material respect than the proposed
treatment of similar obligations held by the other Lenders; and 
 (viii) no Affiliated Lender shall be required to represent
or warrant that it is not in possession of material non-public information with respect to Holdings, the Borrower and/or any Subsidiary thereof and/or their respective securities in connection with any assignment permitted by this
Section 12.07(d). 
 Notwithstanding anything to the contrary contained herein, any Lender may, at any time, assign all or a portion of
its rights and obligations under this Agreement in respect of its Term Loans to an Affiliated Debt Fund, and any Affiliated Debt Fund may, from time to time, purchase Term Loans (x) on a pro rata basis through Dutch Auctions open to all Lenders
of the applicable Class or (y) through open market purchases without the consent of the Administrative Agent, in each case, without the necessity of meeting the 

  
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requirements set forth in (or being subject to the restriction of) subclauses (i) through (viii) of this clause (d); provided that the Term Loans and unused Commitments of any
Affiliated Debt Fund shall not account for more than 49.9% of the amounts included in determining whether the Required Lenders have (A) consented to any amendment, modification, waiver, consent or other action with respect to any of the terms
of any Credit Document or any departure by any Credit Party therefrom, (B) otherwise acted on any matter related to any Credit Document or (C) directed or required the Administrative Agent or any Lender to undertake any action (or refrain
from taking any action) with respect to or under any Credit Document. Any Term Loans acquired by any Affiliated Debt Fund may (but shall not be required to) be contributed to Holdings, the Borrower or any of its Subsidiaries for purposes of
cancellation of such Indebtedness (it being understood that such Term Loans so contributed shall be retired and cancelled promptly upon such contribution); provided that upon such cancellation of Indebtedness, the aggregate outstanding
principal amount of the Term Loans of the applicable Class shall be deemed reduced, as of the date of such contribution, by the full par value of the aggregate principal amount of the Term Loans so contributed and cancelled, and each principal
repayment installment with respect to the Term Loans of such Class pursuant to Section 2.06(a) shall be reduced pro rata by the full par value of the aggregate principal amount of Term Loans so contributed and cancelled. 

(e) By executing and delivering an Assignment and Assumption, the assigning Lender and the Eligible Assignee thereunder shall be deemed to
confirm and agree with each other and the other parties hereto as follows: (A) the assigning Lender warrants that it is the legal and beneficial owner of the interest being assigned thereby free and clear of any adverse claim and that the
amount of its commitments, and the outstanding balances of its Loans, in each case without giving effect to any assignment thereof which has not become effective, are as set forth in such Assignment and Assumption, (B) except as set forth in
clause (A) above, the assigning Lender makes no representation or warranty and assumes no responsibility with respect to any statement, warranty or representation made in or in connection with this Agreement, or the execution, legality,
validity, enforceability, genuineness, sufficiency or value of this Agreement, any other Credit Document or any other instrument or document furnished pursuant hereto, or the financial condition of the Borrower or any Restricted Subsidiary or the
performance or observance by the Borrower or any Restricted Subsidiary of any of its obligations under this Agreement, any other Credit Document or any other instrument or document furnished pursuant hereto; (C) the Eligible Assignee represents
and warrants that it is an Eligible Assignee, legally authorized to enter into such Assignment and Assumption; (D) the Eligible Assignee confirms that it has received a copy of this Agreement, together with copies of the financial statements
referred to in Section 5.11(a) or the most recent financial statements delivered pursuant to Section 6.01, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to
enter into such Assignment and Assumption; (E) the Eligible Assignee will independently and without reliance upon the Administrative Agent, the assigning Lender or any other Lender and based on such documents and information as it deems
appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement; (F) the assignee appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise
such powers under this Agreement as are delegated to the Administrative Agent, by the terms hereof, together with such powers as are reasonably incidental thereto; and (G) the Eligible Assignee agrees that it will perform in accordance with
their terms all the obligations which by the terms of this Agreement are required to be performed by it as a Lender. 

  
 194 

 (f) In connection with any assignment of rights and obligations of any Defaulting Lender
hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate amount
sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the
Administrative Agent, the Applicable Percentage of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all payment
liabilities then owed by such Defaulting Lender to the Administrative Agent, Issuing Lender, Swingline Lender and each other Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as appropriate) its full Applicable
Percentage of all Loans and participations in Letters of Credit and Swingline Loans. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable
law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. 

(g) Each Lender may, without the consent of the Borrower, the Administrative Agent or any other Lender, sell to one or more other
Persons (other than to Disqualified Institutions or Holdings or any of its Subsidiaries) (each, a “Participant”) participations in any portion comprising less than all of its rights and obligations under this Agreement (including,
without limitation, a portion of its Commitments, the outstanding Loans made by it, the Note or Notes held by it and its participations in Letters of Credit); provided, however, that (i) such
Lender’s obligations under this Agreement shall remain unchanged and such Lender shall remain solely responsible for the performance of such obligations, (ii) no Lender shall sell any participation that, when taken together with all other
participations, if any, sold by such Lender, covers all of such Lender’s rights and obligations under this Agreement, (iii) the Borrower, the Administrative Agent and the other Lenders shall continue to deal solely and directly with such
Lender in connection with such Lender’s rights and obligations under this Agreement, and no Lender shall permit any Participant to have any voting rights or any right to control the vote of such Lender with respect to any amendment,
modification, waiver, consent or other action hereunder or under any other Credit Document (except as to actions that would (x) reduce or forgive the principal amount of any Loan, reduce the rate of or forgive any interest or premium thereon,
or reduce or forgive any fees or other Obligations, (y) extend the Initial Term Loan Maturity Date, the maturity date on the Incremental Loans, the Initial Revolving Credit Maturity Date or any other date fixed for the payment of any principal
of or interest on any Loan, any fees or any other Obligation or (z) increase or extend any commitment of any Lender), and (iv) no Participant shall have any rights under this Agreement or any of the other Credit Documents, each
Participant’s rights against the granting Lender in respect of any participation shall be limited to those set forth in the participation agreement (which shall not be in contravention of this Agreement), and all amounts payable by the Borrower
hereunder shall be determined as if such Lender had not granted such participation. Notwithstanding the foregoing, each Participant shall have the rights of a Lender for purposes of Sections 2.16, 2.17, 2.18, and 9.02, and shall be 

  
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entitled to the benefits thereof (it being understood that the provision of any tax forms by the Participant under Section 2.17 shall be to the participating Lender and not to the
Borrower and Administrative Agent); provided that no Participant shall be entitled to receive any greater amount pursuant to any of such Sections than the Lender granting such participation would have been entitled to receive in respect
of the amount of the participation made by such Lender to such Participant had such participation not been made. 
 (h) Each
Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each
Participant’s interest in the Loans or other obligations under the Credit Documents (the “Participant Register”). The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat
each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as
Administrative Agent) shall have no responsibility for maintaining a Participant Register. 
 (i) Nothing in this Agreement
shall be construed to prohibit any Lender from pledging or assigning all or any portion of its rights and interest hereunder or under any Note to (i) any Federal Reserve Bank (or any central bank having jurisdiction over such Lender) as
security for borrowings therefrom or (ii) in the case of any portion of the Term Loans that is held by an investment fund, (A) to the trustee under the indenture to which such fund is a party in support of its obligations to the trustee
for the benefit of the applicable trust beneficiaries, or (B) to any unaffiliated lender of such investment fund; provided, however, that (1) no such pledge or assignment shall release a Lender from any of its obligations
hereunder and (2) in the case of the preceding clause (ii), such trustee or unaffiliated lender shall have no voting rights with respect to its interest in the Term Loans, as applicable; provided, further that no such pledge or
assignment shall be made to a Disqualified Institution. 
 (j) Any Lender or Participant may, in connection with any permitted
assignment, participation or pledge or proposed permitted assignment, participation or pledge pursuant to this Section, disclose to the Eligible Assignee, Participant or pledgee or proposed Eligible Assignee, Participant or pledgee any information
relating to Holdings and its Subsidiaries furnished to it by or on behalf of any other party hereto, provided that such Eligible Assignee, Participant or pledgee or proposed Eligible Assignee, Participant or pledge agrees in writing to keep
such information confidential to the same extent required of the Lenders under Section 12.13. 
 (k) Notwithstanding
anything to the contrary in this Agreement or in any other Credit Document, in the event of any assignment or participation made by a Lender in violation of the provisions of this Section 12.07 (including, without limitation, as a result of the
making of any such assignment or the sale of any such participation (i) to a Disqualified Institution (unless the requisite consent has been obtained) or (ii) without any other required consent of the Borrower) (each such Person under the
foregoing clauses (i) and (ii), a “Prohibited Person”) the Borrower shall be entitled to seek specific performance to unwind any such assignment or participation in addition to any other remedies available to the Borrower at
law or in equity; provided, that without prejudicing any right or remedy that the Borrower may otherwise have at law or equity, to the extent such Prohibited Person has assigned its Loans to an Eligible Assignee (which is not
 

  
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an Affiliate of such Prohibited Person), the assignment to such Eligible Assignee shall not be retroactively disqualified and the Loans held by such Eligible Assignee shall be deemed
effective for all purposes of the Credit Documents irrespective of such Prohibited Person having previously held the applicable Loan. Upon the request of any Lender, the Borrower shall make available to such Lender the list of Disqualified
Institutions provided to the Arrangers on or prior to the Closing Date, along with any additions to such list provided to the Administrative Agent made thereafter. 

Section 12.08. No Waiver. The rights and remedies of the Administrative Agent and the Secured Parties expressly set forth
in this Agreement and the other Credit Documents are cumulative and in addition to, and not exclusive of, all other rights and remedies available at law, in equity or otherwise. No failure or delay on the part of either Agent or any Lender in
exercising any right, power or privilege shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude other or further exercise thereof or the exercise of any other right, power or
privilege or be construed to be a waiver of any Default or Event of Default. No course of dealing between any of Holdings, the Borrower and the Administrative Agent or the Secured Parties or their agents or employees shall be effective to amend,
modify or discharge any provision of this Agreement or any other Credit Document or to constitute a waiver of any Default or Event of Default. No notice to or demand upon the Borrower in any case shall entitle the Borrower to any other or further
notice or demand in similar or other circumstances or constitute a waiver of the right of the Administrative Agent or any Lender to exercise any right or remedy or take any other or further action in any circumstances without notice or demand.

 Section 12.09. Successors and Assigns. This Agreement shall be binding upon, inure to the benefit of and be
enforceable by the respective permitted successors and assigns of the parties hereto, and all references herein to any party shall be deemed to include its successors and assigns; provided, however, that (i) except as provided
under Sections 8.01 and 8.15, neither Holdings nor the Borrower shall sell, assign or transfer any of its rights, interests, duties or obligations under this Agreement without the prior written consent of all of the Lenders (and any assignment or
transfer without such consent shall be void) and (ii) any Eligible Assignees and Participants shall have such rights and obligations with respect to this Agreement and the other Credit Documents as are provided for under and pursuant to the
provisions of Section 12.07. 
 Section 12.10. Survival. All representations, warranties and agreements made
by the Credit Parties in this Agreement and in the other Credit Documents shall survive the execution and delivery hereof or thereof, the making and repayment of the Loans and the issuance and repayment of the Letters of Credit. In addition,
notwithstanding anything herein or under applicable law to the contrary, the provisions of this Agreement and the other Credit Documents relating to indemnification including, the provisions of Sections 2.16(a) and (c), 2.17, 2.18, 10.07, 12.01
and 12.02, shall survive the payment in full of all Loans and Letters of Credit, the termination of the Commitments and all Letters of Credit, and any termination of this Agreement or any of the other Credit Documents. 

Section 12.11. Severability. To the extent any provision of this Agreement is prohibited by or invalid under the applicable
law of any jurisdiction, such provision shall be ineffective only to the extent of such prohibition or invalidity and only in such jurisdiction, without prohibiting or invalidating such provision in any other jurisdiction or the remaining
provisions of this Agreement in any jurisdiction. 

  
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 Section 12.12. Construction. The headings of the various articles, sections
and subsections of this Agreement have been inserted for convenience only and shall not in any way affect the meaning or construction of any of the provisions hereof.  

Section 12.13. Confidentiality. The Administrative Agent, each Lender, each Issuing Lender and each Arranger, and each of
their respective Affiliates, agree to maintain the confidentiality of the Confidential Information (as defined below), except that Confidential Information may be disclosed (a) to such Person and its officers, directors, partners, employees,
legal counsel, independent auditors and other experts or agents (collectively, the “Representatives”) on a “need to know” basis solely in connection with the transactions contemplated hereby and who are
informed of the confidential nature of such Confidential Information and are or have been advised of their obligation to keep the Confidential Information confidential, (b) to any of such Person’s Affiliates and their respective
Representatives (other than any Affiliate or Representative that is a Company Competitor or a Disqualified Institution) on a “need to know” basis solely in connection with the transactions contemplated hereby and who are informed of the
confidential nature of the Confidential Information and are or have been advised of their obligation to keep the Confidential Information confidential; provided that such Person shall be responsible for its Affiliates’ and their
Representatives’ compliance with this Section 12.13, (c) to the extent compelled by order of any court or administrative agency in any pending legal, judicial or administrative proceeding, or otherwise as required by applicable
Requirements of Law, rule or regulations or compulsory legal process (in which case such Person shall, except with respect to any audit or examination conducted by bank accountants or any Governmental Authority exercising examination or regulatory
authority, to the extent practicable and not prohibited by law, (i) notify the Borrower in advance thereof, and, if unable to notify the Borrower in advance of such disclosure, promptly thereafter to the extent permitted by law and
(ii) use commercially reasonable efforts to ensure that any such Confidential Information so disclosed is accorded confidential treatment), (d) upon the demand or request of any regulatory, self-regulatory or governmental authority having
jurisdiction over such Person or its Affiliates (in which case such Person shall, except with respect to any audit or examination conducted by bank accountants or any Governmental Authority, to the extent practical and permitted by law,
(i) notify the Borrower promptly in advance thereof and (ii) use commercially reasonable efforts to ensure that any such Confidential Information so disclosed is accorded confidential treatment), (e) to the extent that such
Confidential Information becomes publicly available other than by reason of disclosure by such Person, any of its Affiliates or its or their respective Representatives in violation of any confidentiality obligations owed to the Holdings Entities,
the Borrower, the Borrower’s Subsidiaries or the Sponsor (including as a result of a breach of this Section 12.13), (f) (i) is received by such Person from a source other than a Credit Party that is not to such Person’s
knowledge, after reasonable investigation, subject to confidentiality, fiduciary or other legal obligations owing to the Holdings Entities, the Borrower, the Borrower’s Subsidiaries, the Sponsor, or any of their respective Affiliates or
(ii) was already in such Person’s possession (except to the extent received in a manner that would be restricted by the immediately preceding clause (i)) or is independently developed by such Person based exclusively on information the
disclosure of which would not otherwise be restricted by this Section 12.13, (g) subject to the prior approval by the Borrower of the Confidential Information  

  
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to be disclosed (such approval not to be unreasonably withheld) and subject to customary confidentiality obligations of ratings agencies, to Moody’s or S&P in connection with
obtaining a rating required pursuant to this Agreement, as applicable, (h) to any direct or indirect contractual counterparty to any Derivative Transaction (other than a Disqualified Institution), (i) to potential or prospective Lenders,
Participants or Eligible Assignees (in each case, other than a Disqualified Institution); provided, further, that the disclosure of any such Confidential Information pursuant to clauses (h) and (i) above shall be made subject to the
acknowledgment and acceptance by such recipient that such Confidential Information is being disseminated on a confidential basis (on substantially the terms set forth in this Section or as is otherwise reasonably acceptable to the Borrower and the
Administrative Agent, including, without limitation, as set forth in any confidential information memorandum or other marketing materials) in accordance with the standard syndication processes of the Arrangers or market standards for dissemination
of such type of Confidential Information, which shall in any event include a requirement to “click through” or to take other affirmative action on the part of the recipient to access such Confidential Information and acknowledge its
confidentiality obligations in respect thereof or (j) in connection with exercising any remedies hereunder or under any Credit Documents, any action or proceeding relating to this Agreement or any Credit Document, or the enforcement of rights
hereunder or thereunder. For the purposes of this Section 12.13, “Confidential Information” shall mean all information relating to the Credit Parties and/or any of their Subsidiaries and their respective businesses, the Sponsor
or the Transactions (including any information obtained by the Administrative Agent, any Lender, any Issuing Lender or any Arranger, or any of their respective Affiliates or Representatives, based on a review of the books and records relating to
Holdings and/or any of its Subsidiaries and their respective Affiliates from time to time, including prior to the date hereof). For the avoidance of doubt, in no event shall any disclosure of such Confidential Information referred to above be made
to any Disqualified Institution. 
 Section 12.14. Counterparts; Effectiveness. This Agreement may be executed in
any number of counterparts and by different parties hereto on separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. Delivery of an executed
counterpart of a signature page to this Agreement by telecopier or electronic (“pdf” or “tif”) format shall be effective as delivery of a manually executed counterpart to this Agreement. This Agreement shall become effective upon
the execution of a counterpart hereof by each of the parties hereto and receipt by the Administrative Agent and the Borrower of written or telephonic notification of such execution and authorization of delivery thereof. 

Section 12.15. Appointment for Perfection. Each Lender hereby appoints each other Lender and each Issuing Lender as its
agent for the purpose of perfecting Liens for the benefit of the Administrative Agent, the Issuing Lenders and the Lenders, in assets which, in accordance with Article 9 of the UCC or any other applicable Requirement of Law can be perfected only by
possession. If any Lender or Issuing Lender (other than the Administrative Agent) obtains possession of any Collateral, such Lender, Issuing Lender shall notify the Administrative Agent thereof and, promptly upon the Administrative Agent’s
request therefor shall deliver such Collateral to the Administrative Agent or otherwise deal with such Collateral in accordance with the Administrative Agent’s instructions. 

  
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 Section 12.16. Disclosure of Information. Holdings and the Borrower agree and
consent to the disclosure of information relating to the Credit Facilities by the Arrangers and/or the Administrative Agent to Gold Sheets and other similar bank loan trade publications; provided, that such information shall be limited to the
existence of the Credit Facilities and other generic information (such as size of the Credit Facilities, maturity date, pricing, titles and roles and other generic information as may be mutually agreed by Holdings, the Borrower and, as applicable,
the relevant Arranger or the Administrative Agent). 
 Section 12.17. Entire Agreement. THIS AGREEMENT, THE OTHER
CREDIT DOCUMENTS AND THE ENGAGEMENT LETTER EMBODY THE ENTIRE AGREEMENT AND UNDERSTANDING BETWEEN THE PARTIES HERETO AND THERETO RELATING TO THE SUBJECT MATTER HEREOF AND THEREOF AND SUPERSEDE ANY AND ALL PRIOR AGREEMENTS AND UNDERSTANDINGS OF SUCH
PERSONS, ORAL OR WRITTEN, RELATING TO THE SUBJECT MATTER HEREOF. 
 Section 12.18. PATRIOT Act. Each Lender and
the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies each Credit Party that pursuant to the requirements of the PATRIOT Act, it is required to obtain, verify and record information that identifies each Credit Party,
which information includes the name and address of each Credit Party and other information that will allow such Lender or Administrative Agent, as applicable, to identify such Credit Party in accordance with the PATRIOT Act. 

Section 12.19. Electronic Execution of Assignments. The words “execution,” “signed,”
“signature,” and words of like import in any Assignment Agreement shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as
a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New
York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

Section 12.20. No Fiduciary Duty. Each Agent, each Lender and their Affiliates (collectively, solely for purposes of this
paragraph, the “Lenders”), may have economic interests that conflict with those of the Credit Parties, their stockholders and/or their affiliates. Each Credit Party agrees that nothing in the Credit Documents or
otherwise will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between any Lender, on the one hand, and such Credit Party, its stockholders or its affiliates, on the other. The Credit Parties
acknowledge and agree that (i) the transactions contemplated by the Credit Documents are arm’s-length commercial transactions between the Lenders, on the one hand, and the Credit Parties, on the other, and (ii) in connection therewith
and with the process leading thereto, (x) no Lender has assumed an advisory or fiduciary responsibility in favor of any Credit Party, its stockholders or its affiliates with respect to the transactions contemplated hereby or the process leading
thereto (irrespective of whether any Lender has advised, is currently advising or will advise any Credit Party, its stockholders or its Affiliates on other matters) or any other obligation to any Credit Party except the obligations expressly set
forth in the Credit Documents and (y) each Lender is acting solely as principal and not as the agent or fiduciary of any Credit Party, its management, stockholders, creditors or any other Person. Each Credit Party 

  
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acknowledges and agrees that it has consulted its own legal and other advisors to the extent it deemed appropriate and that it is responsible for making its own independent judgment with
respect to such transactions and the process leading thereto. Each Credit Party hereby waives and releases any claims that such Credit Party may have against the Lenders (in its capacity as such) with respect to any breach or alleged breach of
agency or fiduciary duty in connection with any aspect of any transaction contemplated by this Agreement. 

Section 12.21. Conflicts. Notwithstanding anything to the contrary contained herein or in any other Credit Document, in the
event of any conflict or inconsistency between this Agreement and any other Credit Document, the terms of this Agreement shall govern and control. 

[Remainder of Page Intentionally Left Blank] 

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

			
	Borrower:
	
	MPG HOLDCO I INC.
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	Holdings:
	
	METALDYNE PERFORMANCE GROUP INC.
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	Subsidiary Guarantors:
	
	ASP GREDE INTERMEDIATE HOLDINGS LLC
		
	By:	 	/s/ Eric Schondorf
	Name:	 	Eric Schondorf
	Title:	 	Vice President and Secretary
	
	ASP GREDE ACQUISITIONCO LLC
		
	By:	 	/s/ Eric Schondorf
	Name:	 	Eric Schondorf
	Title:	 	Vice President and Secretary
	
	GSC RIII-GREDE CORP.
		
	By:	 	/s/ Douglas J. Grimm
	Name:	 	Douglas J. Grimm
	Title:	 	President
	
	SHOP IV SUBSIDIARY INVESTMENT (GREDE), INC.
		
	By:	 	/s/ Douglas J. Grimm
	Name:	 	Douglas J. Grimm
	Title:	 	President
	
	GREDE HOLDINGS LLC
		
	By:	 	/s/ Douglas J. Grimm
	Name:	 	Douglas J. Grimm
	Title:	 	President and Chief Executive Officer
	
	GREDE II LLC
		
	By:	 	/s/ Douglas J. Grimm
	Name:	 	Douglas J. Grimm
	Title:	 	President and Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	GREDE MACHINING LLC
		
	By:	 	/s/ Douglas J. Grimm
	Name:	 	Douglas J. Grimm
	Title:	 	President
	
	CITATION LOST FOAM PATTERNS, LLC
		
	By:	 	/s/ Douglas J. Grimm
	Name:	 	Douglas J. Grimm
	Title:	 	President
	
	GREDE WISCONSIN SUBSIDIARIES LLC
		
	By:	 	/s/ Douglas J. Grimm
	Name:	 	Douglas J. Grimm
	Title:	 	President

  
 [Signature Page to Credit
Agreement] 

 
			
	ASP HHI HOLDINGS, INC.
		
	By:	 	 /s/ Eric Schondorf

	Name:	 	Eric Schondorf
	Title:	 	Vice President and Secretary
	
	ASP HHI INTERMEDIATE HOLDINGS, INC.
		
	By:	 	/s/ Eric Schondorf
	Name:	 	Eric Schondorf
	Title:	 	Vice President and Secretary
	
	ASP HHI INTERMEDIATE HOLDINGS II, INC.
		
	By:	 	/s/ Eric Schondorf
	Name:	 	Eric Schondorf
	Title:	 	Vice President and Secretary
	
	ASP HHI ACQUISITION CO., INC.
		
	By:	 	/s/ Eric Schondorf
	Name:	 	Eric Schondorf
	Title:	 	Vice President and Secretary
	
	JERNBERG INDUSTRIES, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	Chief Executive Officer
	
	IMPACT FORGE GROUP, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	HHI FORMTECH, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	Chief Executive Officer
	
	KYKLOS BEARING INTERNATIONAL, LLC
		
	By:	 	 /s/ George Thanopoulos

	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer
	
	CLOYES GEAR AND PRODUCTS, INC.
		
	By:	 	/s/ M. Trevor Myers
	Name:	 	M. Trevor Myers
	Title:	 	President and Chief Executive Officer
	
	THE MESH COMPANY, LLC
		
	By:	 	 /s/ M. Trevor Myers

	Name:	 	M. Trevor Myers
	Title:	 	President and Chief Executive Officer
	
	HHI FORGING, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	HHI HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	Chief Executive Officer
	
	FORGING HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer
	
	HEPHAESTUS HOLDINGS, LLC
		
	By:	 	 /s/ George Thanopoulos

	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer
	
	JERNBERG HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	Chief Executive Officer
	
	IMPACT FORGE HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer
	
	HHI FORMTECH HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	BEARING HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer
	
	GEARING HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer
	
	KYKLOS HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer
	
	CLOYES GEAR HOLDINGS, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	President and Chief Executive Officer
	
	CLOYES ACQUISITION COMPANY
		
	By:	 	/s/ M. Trevor Myers
	Name:	 	M. Trevor Myers
	Title:	 	President and Chief Executive Officer
	
	HHI FUNDING II, LLC
		
	By:	 	/s/ George Thanopoulos
	Name:	 	George Thanopoulos
	Title:	 	Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	ASP MD HOLDINGS, INC.
		
	By:	 	/s/ Eric Schondorf
	Name:	 	Eric Schondorf
	Title:	 	Vice President and Assistant Secretary
	
	ASP MD INTERMEDIATE HOLDINGS, INC.
		
	By:	 	/s/ Eric Schondorf
	Name:	 	Eric Schondorf
	Title:	 	Vice President and Assistant Secretary
	
	ASP MD INTERMEDIATE HOLDINGS II, INC.
		
	By:	 	/s/ Eric Schondorf
	Name:	 	Eric Schondorf
	Title:	 	Vice President and Assistant Secretary
	
	MD INVESTORS CORPORATION
		
	By:	 	/s/ Thomas A. Amato
	Name:	 	Thomas A. Amato
	Title:	 	President and Chief Executive Officer
	
	METALDYNE, LLC
		
	By:	 	/s/ Thomas A. Amato
	Name:	 	Thomas A. Amato
	Title:	 	President and Chief Executive Officer
	
	METALDYNE POWERTRAIN COMPONENTS, INC.
		
	By:	 	/s/ Thomas A. Amato
	Name:	 	Thomas A. Amato
	Title:	 	President and Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	PUNCHCRAFT MACHINING AND TOOLING, LLC
		
	By:	 	/s/ Thomas A. Amato
	Name:	 	Thomas A. Amato
	Title:	 	President and Chief Executive Officer
	
	METALDYNE SINTERFORGED PRODUCTS, LLC
		
	By:	 	/s/ Thomas A. Amato
	Name:	 	Thomas A. Amato
	Title:	 	President and Chief Executive Officer
	
	METALDYNE SINTERED RIDGWAY, LLC
		
	By:	 	/s/ Thomas A. Amato
	Name:	 	Thomas A. Amato
	Title:	 	President and Chief Executive Officer
	
	METALDYNE BSM, LLC
		
	By:	 	/s/ Thomas A. Amato
	Name:	 	Thomas A. Amato
	Title:	 	President and Chief Executive Officer
	
	METALDYNE M&A BLUFFTON, LLC
		
	By:	 	/s/ Thomas A. Amato
	Name:	 	Thomas A. Amato
	Title:	 	President and Chief Executive Officer

  
 [Signature Page to Credit
Agreement] 

 
			
	 GOLDMAN SACHS BANK USA, 
 as
Administrative Agent, Swingline Lender and Lender

		
	By:	 	/s/ Robert Ehudin
		 	Authorized Signatory
		 	

  
  
  

 
  
  

 
  
  

 

  
 [Signature Page to Credit
Agreement] 

			
	 DEUTSCHE BANK AG NEW YORK BRANCH,

as a Lender

		
	By:	 	 /s/ Kirk L. Tashjian

	Name:	 	Kirk L. Tashjian
	Title:	 	Vice President
		
	By:	 	 /s/ Michael Winters

	Name:	 	Michael Winters
	Title:	 	Vice President

  
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Agreement] 

			
	 BANK OF AMERICA, N.A.,
 as a
Lender

		
	By:	 	 /s/ Gregory Roetting

	Name:	 	Gregory Roetting
	Title:	 	Vice President

  
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Agreement] 

 
			
	BANK OF AMERICA, N.A.,
	as Issuing Lender
		
	By:	 	 /s/ Gregory Roetting

	Name:	 	Gregory Roetting
	Title:	 	Vice President

  
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Agreement] 

 
			
	KEYBANK NATIONAL ASSOCIATION,
	as a Lender
		
	By:	 	 /s/ John Kern

	Name:	 	John Kern
	Title:	 	Vice President

  
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Agreement] 

 
			
	[MORGAN STANLEY BANK, N.A.],
	as a Lender
		
	By:	 	 /s/ Nicholas Romig

	Name:	 	Nicholas Romig
	Title:	 	Authorized Signatory

  
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Agreement] 

 
			
	NOMURA CORPORATE FUNDING AMERICAS LLC, as a Lender
		
	By:	 	 /s/ Carl Mayer

	Name:	 	Carl Mayer
	Title:	 	Managing Director

  
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Agreement] 

			
	ROYAL BANK OF CANADA,
	as a Lender
		
	By:	 	 /s/ Edward D. Herko

	Name:	 	Edward D. Herko
	Title:	 	Authorized Signatory

  
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Agreement] 

 
			
	ING Capital LLC,
	as a Lender
		
	By:	 	 /s/ Marilyn Densel Fulton

	Name:	 	Marilyn Densel Fulton
	Title:	 	Managing Director
		
	By:	 	 /s/ Lawrence Eyink

	Name:	 	Lawrence Eyink
	Title:	 	Director

  
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Agreement] 

 
			
	Opus Bank,
	as a Lender
		
	By:	 	 /s/ Geoff Anfuso

	Name:	 	Geoff Anfuso
	Title:	 	Senior Managing Director

  
 [Signature Page to Credit
Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00236-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00236-of-00352.parquet"}]]