Document:

EX-10.1

 Exhibit 10.1 

Execution Version 

SECOND AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT 

SECOND AMENDMENT, dated as of April 26, 2017 (this “Second Amendment”), among ARRIS Group, Inc. (the
“Company”), ARRIS Enterprises LLC (“ARRIS Enterprises”), ARRIS International plc (“New HoldCo”), certain Subsidiaries of New HoldCo party hereto (each a “Designated
Borrower” and, together with the Company and New HoldCo, the “Borrowers” and, each a “Borrower”), Arris Holdings S.à r.l., a private limited liability company
(société à responsabilité limitée) incorporated under the laws of the Grand Duchy of Luxembourg (“Luxembourg”),
having its registered office at 5, rue Heienhaff, L-1736 Senningerberg, Luxembourg, and registered with the Luxembourg Register of Commerce and Companies (R.C.S. Luxembourg) (the “Companies
Register”) under number B 181265, Arris Financing S.à r.l., a private limited liability company (société à responsabilité
limitée) incorporated under the laws of Luxembourg, having its registered office at 5, rue Heienhaff, L-1736 Senningerberg and registered with the Companies Register under number B
181266, Arris Financing II S.à r.l., a private limited liability company (société à responsabilité limitée) incorporated under the
laws of Luxembourg, having its registered office at 5, rue Heienhaff, L-1736 Senningerberg and registered with the Companies Register under number B 200228 and Pace International Luxembourg S.à r.l., a
private limited liability company (société à responsabilité limitée) incorporated under the laws of Luxembourg, having its registered
office at 42-44, avenue de la Gare, L-1610 Luxembourg and registered with the Companies Register under number B 182643 as guarantors and Bank of America, N.A., as
administrative agent (the “Administrative Agent”), Swing Line Lender and L/C Issuer and the several banks and other financial institutions or entities from time to time parties hereto as Term
B-2 Lenders (as defined below), to the Credit Agreement, dated as of March 27, 2013 (as amended and restated as of June 18, 2015, and as further amended by First Amendment to Amended and Restated
Credit Agreement, dated as of December 14, 2015, the “Credit Agreement” and, as amended by this Second Amendment, the “Amended Credit Agreement”), among each of the Borrowers, ARRIS Enterprises,
and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), and the other agents
parties thereto. 
 PRELIMINARY STATEMENTS 

Pursuant to the Credit Agreement, the Lenders have agreed to make, and have made, certain loans and other extensions of credit to the Company
and the other Borrowers. 
 The Credit Agreement permits the Company to obtain Refinancing Term Loans from any Lender or additional Lender
to refinance all or a portion of any existing Term Loans under a Facility pursuant to an Additional Credit Extension Amendment. 
 On the
Second Amendment Effective Date (as defined below), the Company intends to incur Refinancing Term Loans (the “Term B-2 Loans”) in an aggregate principal amount of
$545,000,000.00 million to refinance the entire amount of the existing Term B Loans (the “Existing Term B Loans”, each Lender that holds Existing Term B Loans under the Credit Agreement, an “Existing Term B
Lender”) and to make certain amendments to the Credit Agreement in connection therewith in accordance with Sections 2.19 and 10.01 of the Credit Agreement, in each case on the terms set forth herein. 

Each Existing Term B Lender that has provided an executed Conversion Election Form in the form set forth as Exhibit A hereto (each, a
“Converting Term B Lender”) has agreed, on the terms and conditions set forth herein, to have the entire amount of such Converting Term B Lender’s outstanding Existing Term B Loans replaced with Term B-2 Loans in an amount equal to the aggregate amount of such Converting Term B Lender’s Existing Term B Loans outstanding immediately prior to the 

 
Second Amendment Effective Date (or such lesser amount as notified to such Lender by Merrill Lynch, Pierce, Fenner & Smith Incorporated (in its capacity as joint lead arranger and
bookrunner for the Term B-2 Loans, the “Lead Left Arranger”) prior to the Second Amendment Effective Date) (each, a “Converted Term
B-2 Loan Commitment”). 
 Each Person (other than a Converting Term B Lender in its
capacity as such) that executes and delivers an executed Lender Addendum in the form set forth as Exhibit B hereto and agrees in connection therewith to make Term B-2 Loans (such Term B-2 Loans, the “Additional Term B-2 Loans” and each of the Lenders of such Additional Term B-2 Loans, an
“Additional Term B-2 Lender” and, together with the Converting Term B Lenders, the “Term B-2 Lenders”) commits, on the
terms and conditions set forth herein, to make Additional Term B-2 Loans to the Company on the Second Amendment Effective Date as Term B-2 Loans in an aggregate
principal amount (not in excess of any such commitment) as is determined by the Lead Left Arranger and notified to such Additional Term B-2 Lender (each, an “Additional Term B-2 Loan Commitment” and, together with the Converted Term B-2 Loan Commitments, the “Term B-2 Loan
Commitments”). 
 Each of the parties hereto has consented to the other amendments to the Credit Agreement described in this
Second Amendment. 
 NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, the parties hereto agree as
follows: 
 SECTION 1. Defined Terms. Capitalized terms used but not defined herein (including in the Preliminary Statements)
shall have the meanings assigned to such terms in the Credit Agreement.  
 SECTION 2. Term
B-2 Loans. 
 (a) Subject to the terms and conditions set forth herein, (a) each
Converting Term B Lender severally agrees to convert all or a portion of such Converting Term B Lender’s Existing Term B Loans, in an aggregate principal amount equal to its Converted Term B-2 Loan
Commitment, into a Term B-2 Loan on the Second Amendment Effective Date and (ii) each Additional Term B-2 Lender severally agrees to make an Additional Term B-2 Loan on the Second Amendment Effective Date to the Company in an aggregate principal amount equal to such Additional Term B-2 Lender’s Additional Term B-2 Loan Commitment. Without limiting the generality of the foregoing, each Converting Term B Lender shall have a commitment to acquire, by conversion, Term B-2 Loans in the
amount of its Existing Term B Loans then held by such Converting Term B Lender. Each party hereto acknowledges and agrees that notwithstanding any such conversion, each such Converting Term B Lender shall be entitled to receive payment on the Second
Amendment Effective Date of the unpaid fees and interest accrued to such date with respect to all of its Existing Term B Loans that are subject to such conversion. 

(b) For purposes hereof, a Person shall become a party to the Amended Credit Agreement and a Term
B-2 Lender as of the Second Amendment Effective Date by executing and delivering to the Administrative Agent, on or prior to the Second Amendment Effective Date, a Lender Addendum in its capacity as an
Additional Term B-2 Lender. 
 (c) Not later than 1:00 p.m., New York City time, on the Second
Amendment Effective Date, (x) each Additional Term B-2 Lender shall make its Term B-2 Loan by making available to the Administrative Agent at the Administrative
Agent’s Office an amount in immediately available funds equal to its Additional Term B-2 Loan Commitment and (y) the Existing Term B Loans of each Converting Term B Lender, in an amount equal to such
Lender’s Converted Term B-2 Loan 

  
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Commitment, shall be converted into, and continue as, Term B-2 Loans of the same principal amount (it being understood that such conversion may be
implemented pursuant to procedures specified by the Lead Left Arranger, including by a deemed conversion thereof or by repayment of the Existing Term B Loans of Converting Term B Lenders followed by a subsequent assignment to it of Term B-2 Loans in the same amount). The commitments of the Additional Term B-2 Lenders and the conversion undertakings of the Converting Term
B-2 Lenders are several, and no such Term B-2 Lender will be responsible for any other Term B-2 Lender’s failure to make or
acquire by conversion its Term B-2 Loan. The Term B-2 Loans may from time to time be Base Rate Loans or Eurocurrency Loans as determined by the Company and notified to
the Administrative Agent pursuant to the terms of the Amended Credit Agreement. Term B-2 Loans which are repaid or prepaid may not be reborrowed. 

(d) The obligation of each Term B-2 Lender to make or acquire by conversion Term B-2 Loans on the Second Amendment Effective Date is subject to the satisfaction of the conditions set forth in Section 7 of this Second Amendment. 

(e) Subject to the terms and conditions set forth herein, on and after the Second Amendment Effective Date, unless the context otherwise
clearly requires, for all purposes of the Loan Documents, (i) the Term B-2 Loan Commitments shall constitute “Term B Commitments”, “Term Commitments” and “Commitments”, (ii)
the Term B-2 Loans shall constitute “Term B Loans”, “Term Loans” and “Loans” and (iii) each Term B-2 Lender shall become a “Term
B Lender”, a “Term Lender” and a “Lender” (if such Term B-2 Lender is not already a Lender prior to the effectiveness of this Second Amendment) and shall have all the rights and
obligations of a Lender holding a Term B Commitment (or, following the making and/or conversion of a Term B-2 Loan, a Term B Loan). Notwithstanding the foregoing, the provisions of the Credit Agreement with
respect to indemnification, reimbursement of costs and expenses, taxes (and other provisions of Article III of the Credit Agreement), increased costs and break funding payments shall continue in full force and effect with respect to, and for the
benefit of, each Existing Term B Lender in respect of such Lender’s Existing Term Loans. 
 (f) The Existing Term B Lenders party
hereto hereby agree to waive the notice requirements of Section 2.05 of the Credit Agreement in connection with the prepayment or replacement of Existing Term B Loans contemplated hereby. 

(g) In the event that the aggregate amount of Term B-2 Loan Commitments exceeds the aggregate
principal amount of Existing Term B Loans subject to conversion hereunder, the Existing Term B Loans not converted hereunder shall, immediately upon the effectiveness of this Second Amendment, be repaid in an aggregate principal amount equal to such
excess (such amount, the “Excess Amount”) (together with any unpaid fees and interest accrued thereon (including funding losses payable to any Existing Term B Lenders pursuant to Section 3.05 of the Credit Agreement))
with the proceeds of the Term B-2 Loans and other funds available to the Company. The Company shall, on the Second Amendment Effective Date, pay to the Administrative Agent, for the accounts of the Persons
that are Existing Term B Lenders immediately prior to the Second Amendment Effective Date, all interest, fees and other amounts accrued to the Second Amendment Effective Date with respect to the Existing Term B Loans that are converted pursuant to
Section 2(a) of this Amendment. 
 (h) Each Term B-2 Lender, by delivering a Conversion
Election Form or Lender Addendum, as applicable, to this Amendment and funding or converting its Existing Term B Loans into, Term B-2 Loans on the Second Amendment Effective Date shall be deemed to have
acknowledged receipt of, and consented to and approved, each Loan Document and each other document required to be delivered to, or be approved by or satisfactory to, the Administrative Agent or any Lenders on the Second Amendment Effective Date.

  
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 (i) Each Term B-2 Lender (a) represents and
warrants to the Administrative Agent that (i)(A) it has full power and authority, and has taken all action necessary, to execute and deliver this Second Amendment and to consummate the transactions contemplated hereby and thereby and to become a
Term B-2 Lender under the Amended Credit Agreement in respect of the Term B-2 Loans, and (B) neither its execution and delivery of this Second Amendment nor the
consummation of the transactions contemplated hereby or thereby conflict with such Term B-2 Lender’s organizational documents or material contracts or with any applicable law, (ii) from and after the
Second Amendment Effective Date, it shall be bound by the provisions of the Amended Credit Agreement as a Lender thereunder and, to the extent of its Term B-2 Loans, shall have the obligations of a Lender
thereunder and (iii) it has received a copy of this Second Amendment, together with such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into its Term B-2 Commitment and to accept its Term B-2 Loans, on the basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or
any other Lender; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make
its own credit decisions in taking or not taking action under the Loan Documents, (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender
thereunder, and (iii) it hereby irrevocably appoints, designates and authorizes the Administrative Agent to take such action on its behalf under the provisions of the Amended Credit Agreement and each other Loan Document and to exercise such
powers and perform such duties as are expressly delegated to it by the terms of the Amended Credit Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. 

SECTION 3. Amendments to Article I. Section 1.01 of the Credit Agreement is hereby amended as of the Second Amendment
Effective Date by: 
 (a) Inserting, in proper alphabetical order, the following new definitions: 

“All-in Yield” means, as to any Indebtedness, the effective
interest rate with respect thereto as reasonably determined by the Administrative Agent in consultation with the Company taking into account the interest rate, margin, original issue discount, upfront fees and “eurodollar rate floors” or
“base rate floors”; provided that (i) original issue discount and upfront fees shall be equated to interest rate assuming a four-year life to maturity of such Indebtedness and (ii) customary arrangement, structuring,
underwriting, amendment or commitment fees paid solely to the applicable arrangers or agents with respect to such Indebtedness shall be excluded. 

“Repricing Transaction” has the meaning specified in Section 2.05(c). 

“Second Amendment” means the Second Amendment, dated as of April 26, 2017, to this Agreement. 

“Second Amendment Effective Date” has the meaning specified in the Second Amendment. 

(b) The following definitions are replaced in their entirety with the following: 

“Existing Term B Loans” has the meaning specified in the Second Amendment. 

“Maturity Date” means, (a) with respect to the U.S. Revolving Credit Facility or the Multicurrency
Revolving Credit Facility, the fifth anniversary of the Restatement 

  
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Date, (b) with respect to the Term A Facility, the fifth anniversary of the Restatement Date, (c) with respect to the Term B Facility, April 26, 2024, and (d) with respect to
the Term A-1 Facility, the fifth anniversary of the Restatement Date; provided, however, that, (x) in each case, if such date is not a Business Day, the Maturity Date shall be the next preceding Business
Day and (y) in the case of any Extended Revolving Loans or Extended Term Loans, Maturity Date shall mean the last scheduled maturity date or expiration date for such Loans. 

“Term B Borrowing” means a borrowing consisting of simultaneous Term B Loans of the same Type and, in
the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term B Lenders. 
 (c) The definition of
“Applicable Rate” set forth therein is hereby amended by replacing clause (b) thereof with the following new clause (b): 

“(b) in respect of the Term B Facility, (i) from the Second Amendment Effective Date to the date on which the
Administrative Agent receives a Compliance Certificate pursuant to Section 6.02(b) for the first full fiscal quarter following the Second Amendment Effective Date, 1.50% per annum for Base Rate Loans and 2.50% per annum for Eurocurrency Rate
Loans and (ii) thereafter, the applicable percentage per annum set forth below determined by reference to the Consolidated Net Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant
to Section 6.02(b): 
  

							
	Applicable Rate
	 Pricing

Level
	  	 Consolidated

Net Leverage Ratio
	  	Eurocurrency Rate	  	Base Rate
	
1
	  	>1.75:1	  	2.50%	  	1.50%
	
2
	  	<1.75:1	  	2.25%	  	1.25%

 ” 

(d) The definition of “Base Rate” set forth therein is hereby amended by deleting the last sentence thereof. 

(e) The definition of “Eurocurrency Rate” set forth therein is hereby amended by replacing the proviso at the end of clause
(a) thereof with the following: 
 “; provided, however, that for purposes of the Term B Facility
only, the Eurocurrency Rate shall never be lower than 0%; and ”. 
 (f) The definition of “Loan Documents” set forth therein
is hereby amended by replacing the “and” immediately prior to “(h)” therein with a “,” and inserting the following at the end thereof: 

“, (i) the First Amendment and (j) the Second Amendment.”. 

SECTION 4. Amendments to Article II. 

(a) Section 2.01 of the Credit Agreement is hereby amended by deleting clause (b) thereof in its entirety and substituting in lieu
thereof “[Reserved]”. 

  
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 (b) Section 2.05(a) of the Credit Agreement is hereby amended by deleting “Each”
at the beginning of the first sentence of clause (i) and replacing it with the following phrase: “Subject to Section 2.05(c), each”. 

(c) Section 2.05(b) of the Credit Agreement is hereby amended by deleting “Upon” in clause (iii) and replacing it with the
following phrase: “Subject to Section 2.05(c), upon”. 
 (d) Section 2.05 of the Credit Agreement is hereby amended by
adding the following clause (c) at the end thereof: 
 (c) In the event that all or any portion of the Term B Facility
is (i) repaid, prepaid, refinanced or replaced (including, without limitation, with Credit Agreement Refinancing Facilities) but excluding any prepayment required by paragraph (ii) or (iv) of Section 2.05(b) or (ii) repriced or
effectively refinanced through any waiver, consent, amendment or amendment and restatement (including, without limitation, an Additional Credit Extension Amendment) in each case, in connection with any waiver, consent, amendment or amendment and
restatement to the Term B Facility the result of which would be the lowering of the All-in Yield of the Term B Facility or the incurrence of any Indebtedness having an
All-in Yield that is less than the All-in Yield of the Term B Facility (or portion thereof) so repaid, prepaid, refinanced, replaced or repriced (a “Repricing
Transaction”) occurring on or prior to the date that is six months after the Second Amendment Effective Date, the Company shall pay to the Administrative Agent for the benefit of the Term B Lenders a prepayment premium equal to 1.00% of the
principal amount of the Term B Loans so repaid, prepaid, refinanced, replaced or repriced. If all or any portion of the Term B Facility held by any Term B Lender is subject to mandatory assignment pursuant to Section 10.13
as a result of, or in connection with, such Term B Lender not agreeing or otherwise consenting to any waiver, consent or amendment referred to in clause (ii) above (or otherwise in connection with a Repricing Transaction) on or prior to the
date that is six months after the Second Amendment Effective Date, the Company shall pay a prepayment premium equal to 1.00% of the principal amount of the Term B Loans so assigned. 

(e) Section 2.07 of the Credit Agreement is hereby amended by deleting clause (b) thereof in its entirety and substituting in lieu
thereof the following new clause (b): 
 “ (b) Term B Loans. The Company agrees that it shall repay to the Term B
Lenders the aggregate principal amount of all Term B Loans in equal quarterly installments on the last Business Day of each March, June, September and December, beginning on June 30, 2017, each of which shall be in an amount equal to 0.25% of
the original aggregate principal amount of the Term B Loans on the Second Amendment Effective Date (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in
Section 2.05 or reductions of Term B Commitments in accordance with Section 2.06), together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such
payment; provided that the final principal repayment installment of the Term B Loans shall be repaid on the Maturity Date for the Term B Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term B
Loans outstanding on such date.” 
 SECTION 5. Amendments to Article VI. Section 6.11 of the Credit Agreement is
hereby amended by adding the following sentence at the end thereof: 

  
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 “Use the proceeds of the Term B Loans on the Second Amendment Effective Date to refinance
the Existing Term B Loans.” 
 SECTION 6. Amendments to Article X. Section 10.13 of the Credit Agreement is hereby
amended by replacing clause (e) in its entirety with the following: 
 (e) in the case of an assignment resulting from a
Lender becoming a Non-Consenting Lender, (i) the applicable assignee shall have consented to the applicable amendment, waiver or consent and (ii) in the case of any such assignment of Term B Loans on
or prior to the date that is six months following the Second Amendment Effective Date in connection with a Repricing Transaction, such Lender shall have received payment of any fees payable pursuant to Section 2.05(c). 

SECTION 7. Conditions to Effectiveness of Second Amendment. This Second Amendment shall become effective on the date on which the
following conditions precedent have been satisfied or waived (the “Second Amendment Effective Date”): 

(a) Amendment Documentation. The Administrative Agent shall have received (i) a counterpart of this Second Amendment,
executed and delivered by a duly authorized officer of each Loan Party (other than The GI Realty Trust 1996) and (ii) signature pages to this Second Amendment, executed and delivered by each Term B-2
Lender (including Conversion Election Forms in the form of Exhibit A hereto and Lender Addendums in the form of Exhibit B hereto). 

(b) No Event of Default. No Default or Event of Default shall have occurred and be continuing immediately prior to or immediately
after giving effect to the Term B-2 Loans (including, without limitation, pursuant to Section 2.19(c) of the Credit Agreement). 

(c) Representations and Warranties. The representations and warranties set forth in Article V of the Credit Agreement and in each
other Loan Document (including in Section 10 hereof) shall be true and correct in all material respects on and as of the Second Amendment Effective Date, except to the extent such representations and warranties expressly relate to an earlier
time, in which case such representations and warranties were true and correct in all material respects as of such earlier time. 

(d) Refinancing. Substantially concurrently with the incurrence of the Term B-2 Loans,
100% of the proceeds thereof shall be applied to repay the Existing Term Loans (including accrued interest, fees and premiums (if any) payable in connection therewith). 

(e) KYC. The Administrative Agent shall have received, at least one Business Day prior to the Second Amendment Effective Date, all
documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, in each case to the extent
requested by the Administrative Agent in writing at least two Business Days prior to the Second Amendment Effective Date. 

(f) Certificates and Resolutions. The Administrative Agent shall have received (i) such certificates of resolutions or other
action, incumbency certificates and/or other certificates of Responsible Officers of each Loan Party (other than The GI Realty Trust 1996) as the Administrative Agent may require certifying as to (x) such Person’s organizational documents,
certified, to the extent applicable, as of a recent date by the applicable governmental authority and (y) the identity, authority and capacity of each Responsible Officer thereof authorized to act as a Responsible Officer in connection with
this Second Amendment and the other Loan Documents to which such Loan Party is a party or is to be a party, (ii) a certificate signed by the chief financial officer of the Reporting Company certifying that the

  
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conditions specified in clauses (b) and (c) above have been satisfied, and attesting to the Solvency of the Reporting Company and its Subsidiaries on a consolidated basis after giving effect
to the Term B-2 Loans and the other transactions contemplated hereby on the Second Amendment Effective Date and (iii) good standing certificates for each Domestic Loan Party (other than The GI Realty
Trust 1996) as of a recent date in its state of organization or formation. 
 (g) Legal Opinions. The Administrative Agent shall
have received a favorable opinion of (i) Troutman Sanders LLP, counsel to the Loan Parties, (ii) each of Simpson Thacher & Bartlett LLP and Macfarlanes LLP, special English counsels to the Administrative Agent, (iii) Stibbe,
special Luxembourg counsel to the Loan Parties and (iv) NautaDutilh Avocats Luxembourg S.à r.l., special Luxembourg counsel to the Administrative Agent, in each case, addressed to the
Administrative Agent and each Lender and in form and substance reasonably satisfactory to the Administrative Agent. 
 (h) Fees.
The Reporting Company shall have paid or caused to be paid, or shall substantially simultaneously pay or cause to be paid, in full (i) all fees and other amounts due and payable by the Reporting Company or any other Loan Party to the Lead Left
Arranger, the Administrative Agent and the Lenders under the Loan Documents and (ii) all fees, charges and disbursements of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent), in each case to
the extent invoiced prior to or on the Second Amendment Effective Date (and all such payments may be made with the case proceeds of the Term B-2 Loans to be made on the Second Amendment Effective Date and/or
other funds available to the Borrowers). 
 (i) Borrowing Notice. The Administrative Agent shall have received a Request for
Credit Extension in respect of the Term B-2 Loans. 
 (j) Reaffirmation Agreement. The
Borrowers and the other Loan Parties (other than The GI Realty Trust 1996) shall have executed an instrument of acknowledgment and confirmation reasonably satisfactory to the Administrative Agent with respect to the guarantees, security interests
and liens created under the Loan Documents after giving effect to this Second Amendment. 
 (k) Flood Certificates. The
Administrative Agent shall have received a completed “Life-of-Loan” Federal Emergency Management Agency Standard Flood Hazard Determination with respect to the
Horsham Property (together with a notice about special flood hazard area status and flood disaster assistance duly executed by the Reporting Company and each Loan Party relating thereto) and if the Horsham Property is located in a special flood
hazard area, evidence of flood insurance pursuant to and in accordance with the Credit Agreement. 
 SECTION 8. Post-Closing
Conditions for the Horsham Property. Not later than 90 days after the Second Amendment Effective Date, unless waived or extended in writing by the Administrative Agent in its reasonable discretion, with respect to the Horsham Property, the
Reporting Company shall deliver or shall cause the applicable Loan Party to deliver, to the Administrative Agent, the following: 
 (a) a
date down endorsement to the Mortgage Policy covering the Horsham Property which shall be in form and substance customary in the state in which the Horsham Property is located, shall be reasonably satisfactory to the Administrative Agent and
reasonably assures the Administrative Agent as of the date of such endorsement that that the Horsham Property is free and clear of all Liens other than Permitted Encumbrances; 

(b) with respect to the Horsham Property, such affidavits, certificates, information and instruments of indemnification as shall be required
to induce the title insurance company to issue the date 

  
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down endorsement to the Mortgage Policy contemplated in subparagraph (a) of this Section 8 and evidence of payment of all applicable title insurance premiums, search and examination
charges, mortgage recording taxes, recording fees and related charges required for the issuance of such endorsement to the Mortgage Policy and the recording of the Mortgage Amendment (as defined below); opinions of counsel covering, among other
things, the due authorization, execution, delivery and enforceability of the applicable Mortgage, as the same has been amended by the Mortgage Amendment; 

(c) an executed amendment to the Mortgage covering the Horsham Property (the “Mortgage Amendment”), in form and
substance reasonably acceptable to the Administrative Agent, together with evidence of completion (or satisfactory arrangements for the completion) of all recordings and filings of such Mortgage Amendment as may be necessary to protect and preserve
the Lien of the Mortgage; and 
 (d) an opinion addressed to the Administrative Agent and the Secured Parties, in form and substance
reasonably satisfactory to the Administrative Agent, from local counsel in the jurisdiction in which the Mortgaged Property is located. 

SECTION 9. Post-Closing Conditions for The GI Realty Trust 1996. Not later than 60 days after the Second Amendment Effective
Date, unless waived or extended in writing by the Administrative Agent in its reasonable discretion, the Reporting Company shall deliver or shall cause The GI Realty Trust 1996 to deliver, to the Administrative Agent, the following: 

(a) an instrument of acknowledgment and confirmation, duly executed by a Responsible Officer of The GI Realty Trust 1996, reasonably
satisfactory to the Administrative Agent with respect to the guarantees, security interests and liens created under the Loan Documents after giving effect to this Second Amendment; 

(b) (i) such certificates of resolutions or other action, incumbency certificates and/or other certificates Responsible Officers of The
GI Realty Trust 1996 as the Administrative Agent may require certifying as to (x) such trust’s organizational documents, certified, to the extent applicable, as of a recent date by the applicable governmental authority and (y) the
identity, authority and capacity of each Responsible Officer thereof authorized to act as a Responsible Officer in connection with this Second Amendment and the other Loan Documents to which such Loan Party is a party or is to be a party, and
(ii) a good standing certificate for The GI Realty Trust 1996 as of a recent date in its state of organization or formation; and 
 (c)
a favorable opinion of (i) Delaware counsel to The GI Realty Trust 1996 and (ii) Troutman Sanders LLP, counsel to The GI Realty Trust, in each case, addressed to the Administrative Agent and each Lender and in form and substance reasonably
satisfactory to the Administrative Agent. 
 SECTION 10. Representations and Warranties. (a) To induce the other parties hereto to
enter into this Second Amendment, each Loan Party hereby represent and warrant to each of the Lenders and the Administrative Agent that, as of the Second Amendment Effective Date and after giving effect to the transactions and amendments to occur on
the Second Amendment Effective Date, this Second Amendment (i) has been duly authorized by all necessary corporate or other organizational action, (ii) does not and will not (x) contravene the terms of any of such Person’s
Organization Documents; (y) conflict with or result in any breach or contravention of, or the creation of any Lien under, or require any payment to be made under (A) any Contractual Obligation to which such Person is a party of affecting
such Person or the Properties of such Person or any of its Subsidiaries or (B) any order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject which could have a Material
Adverse Effect; or (z) violate any Law 

  
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applicable to such Loan Party, the violation of which could have a Material Adverse Effect and will have been, duly executed and delivered by each Loan Party that is party thereto and
(iii) constitutes a legal, valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting
creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law. 

(b) The Company hereby represents and warrants that (i) each of the representations and warranties made by any Loan Party in or pursuant
to the Loan Documents, shall be, after giving effect to this Second Amendment, true and correct in all material respects as if made on and as of the Second Amendment Effective Date, except to the extent such representations and warranties expressly
relate to an earlier time, in which case such representations and warranties were true and correct in all material respects as of such earlier time; provided that each reference to the Credit Agreement therein shall be deemed to be a
reference to the Amended Credit Agreement after giving effect to this Second Amendment and (ii) after giving effect to this Second Amendment, no Default shall have occurred and be continuing. 

SECTION 11. Effects on Loan Documents. Except as specifically amended herein, all Loan Documents shall continue to be in full force
and effect and are hereby in all respects ratified and confirmed. Except as otherwise expressly provided herein, the execution, delivery and effectiveness of this Second Amendment shall not operate as a waiver of any right, power or remedy of any
Lender or the Administrative Agent under any of the Loan Documents or constitute a waiver of any provision of the Loan Documents. On and after the Second Amendment Effective Date, each reference in the Credit Agreement to “this Agreement”,
“hereunder”, “hereof”, “herein” or words of like import, and each reference to the Credit Agreement, “thereunder”, “thereof”, “therein” or words of like import in any other Loan Document,
shall be deemed a reference to the Amended Credit Agreement. This Amendment shall constitute an Additional Credit Extension Amendment entered into pursuant to Section 2.19 of the Credit Agreement and a “Loan Document” for all purposes
of the Credit Agreement and the other Loan Documents. 
 SECTION 12. GOVERNING LAW; WAIVER OF JURY TRIAL. THIS SECOND AMENDMENT AND
THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY THE LAW OF THE STATE OF NEW YORK. EACH PARTY HERETO HEREBY AGREES AS SET FORTH FURTHER IN SECTIONS 10.14 AND 10.15 OF THE CREDIT AGREEMENT
AS IF SUCH SECTION WAS SET FORTH IN FULL HEREIN, MUTATIS MUTANDIS. 
 SECTION 13. Loan Document. This Second Amendment
shall constitute a “Loan Document” for all purposes of the Amended Credit Agreement and the other Loan Documents. 
 SECTION 14.
Amendments; Execution in Counterparts; Notice. This Second Amendment shall not constitute an amendment of any other provision of the Credit Agreement not referred to herein and shall not be construed as a waiver or consent to any further or
future action on the part of the Loan Parties that would require a waiver or consent of the Required Lenders or the Administrative Agent. Except as expressly amended hereby, the provisions of the Credit Agreement are and shall remain in full force
and effect. This Second Amendment may be executed in counterparts (and by different parties hereto in different counterparts), including by means of facsimile or electronic transmission, each of which when so executed and delivered shall be an
original, but all of which shall together constitute one and the same instrument. 

  
 10 

 IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment to be duly executed and
delivered by their respective proper and duly authorized officers as of the day and year first above written. 
 ARRIS
GROUP, INC. 
 By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

ARRIS ENTERPRISES LLC 

By: /s/ David B.
Potts                              

Name: David B. Potts 

Title: President 

ARRIS INTERNATIONAL PLC 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: Executive Vice President and Chief Financial Officer 

ARRIS TECHNOLOGY, INC. 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

ARRIS US HOLDINGS, INC. 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

ARRIS GLOBAL SERVICES, INC. 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 
  

 
  

[Second Amendment to Amended and Restated Credit Agreement] 

 ARRIS SOLUTIONS, INC. 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

JERROLD DC RADIO, INC. 

By: /s/ David B.
Potts                              

Name: David B. Potts 

Title: President 

GIC INTERNATIONAL HOLDCO LLC 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

GIC INTERNATIONAL CAPITAL LLC 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

PACE AMERICAS INVESTMENTS, LLC 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

PACE AMERICAS, LLC 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

PACE USA, LLC 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: President 

 ARRIS HOLDINGS S.À R.L. 

By: /s/ James Douglas Moore Jr.             

Name: James Douglas Moore Jr. 

Title: Manager Class A 

ARRIS FINANCING S.À R.L. 

By: /s/ Brant
Sharp                                   

Name: Brant Sharp 

Title: Manager Class A 

ARRIS FINANCING II S.À R.L. 

By: /s/ James Douglas Moore Jr.             

Name: James Douglas Moore Jr. 

Title: Manager Class A 

PACE INTERNATIONAL LUXEMBOURG S.À R.L. 

By: /s/ Brant
Sharp                                   

Name: Brant Sharp 

Title: Manager Class A 

ARRIS GLOBAL LTD. 

By: /s/ David B.
Potts                             

Name: David B. Potts 

Title: Director 

 BANK OF AMERICA, N.A., as 

Administrative Agent and Lender 

By: /s/ Denise
Jones                             

Name: Denise Jones 

Title: Vice President 
  

 
  
  

 
 [Second Amendment to Amended and Restated Credit Agreement] 

 EXHIBIT A 

CONVERTING TERM B LENDER 
 CONVERSION
ELECTION FORM 
 This Conversion Election Form (“Conversion Election Form”) is referred to in, and is a signature
page to, the Second Amendment, dated as of April 26, 2017 (the “Second Amendment”), to the Credit Agreement, dated as of March 27, 2013 (as amended and restated as of June 18, 2015, and as further amended by
First Amendment to the Amended and Restated Credit Agreement, dated as of December 14, 2015, the “Credit Agreement” and, as amended by the Second Amendment, the “Amended Credit Agreement”), among
ARRIS Group, Inc., ARRIS Enterprises, Inc., ARRIS International plc, certain Subsidiaries of New HoldCo party thereto and Bank of America, N.A., as administrative agent, Swing Line Lender and L/C Issuer, the several banks and other financial
institutions or entities from time to time parties thereto, and the other agents parties thereto. Capitalized terms used but not defined in this Conversion Election Form have the meanings assigned to such terms in the Second Amendment or the Credit
Agreement, as applicable. 
 By executing this Conversion Election Form as a Converting Term B Lender, the undersigned institution agrees
(A) to the terms of the Second Amendment and the Amended Credit Agreement, (B) on the terms and subject to the conditions set forth in the Second Amendment and the Amended Credit Agreement, to continue its Existing Term B Loans as Term B-2 Loans on the Second Amendment Effective Date in an amount equal to its Converted Term B-2 Loan Commitment and (C) that on the Second Amendment Effective Date, it is
subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents as a Lender and as a Term B Lender thereunder and its Term B-2 Loans will be “Term B Loans”
and “Term Loans” under the Amended Credit Agreement. 
  

	
	  

Name of

Institution:                       
                                         
                                         
                                         
              
  

  

	
	 Executing as a Converting Term B Lender:

 
 By:

              ____________________________

      Name:

      Title:
  

For any institution requiring a second signature line:
  

By:

              ____________________________

      Name:

      Title:
  

 EXHIBIT B 

ADDITIONAL TERM B-2 LENDER 

LENDER ADDENDUM 
 This Lender
Addendum (this “Lender Addendum”) is referred to in, and is a signature page to, the Second Amendment, dated as of April 26, 2017 (the “Second Amendment”), to the Credit Agreement, dated as of
March 27, 2013 (as amended and restated as of June 18, 2015, and as further amended by First Amendment to the Amended and Restated Credit Agreement, dated as of December 14, 2015, the “Credit Agreement” and, as
amended by the Second Amendment, the “Amended Credit Agreement”), among ARRIS Group, Inc., ARRIS Enterprises, Inc., ARRIS International plc, certain Subsidiaries of New HoldCo party thereto and Bank of America, N.A., as
administrative agent, Swing Line Lender and L/C Issuer, the several banks and other financial institutions or entities from time to time parties thereto, and the other agents parties thereto. Capitalized terms used but not defined in this Lender
Addendum have the meanings assigned to such terms in the Second Amendment or the Credit Agreement, as applicable. 
 By executing this
Lender Addendum as an Additional Term B-2 Lender, the undersigned institution agrees (A) to the terms of the Second Amendment and the Amended Credit Agreement, (B) on the terms and subject to the
conditions set forth in the Second Amendment and the Amended Credit Agreement, to make and fund Term B-2 Loans on the Second Amendment Effective Date in the amount of such Additional Term B Lender’s
Additional Term B-2 Loan Commitment and (C) that on the Second Amendment Effective Date, it is subject to, and bound by, the terms and conditions of the Amended Credit Agreement and other Loan Documents
as a Lender and as a Term B Lender thereunder and its Term B-2 Loans will be “Term B Loans” and “Term Loans” under the Amended Credit Agreement. 

 

	
	  

Name of

Institution:                       
                                         
                                         
                                         
              
  

  

	
	 Executing as an Additional Term
B-2 Lender:
  
 By:

              ____________________________

      Name:

      Title:
  

For any institution requiring a second signature line:
  

By:

              ____________________________

      Name:

      Title:Exhibit

EXHIBIT 10.1

STOCK REPURCHASE AGREEMENT
THIS STOCK REPURCHASE AGREEMENT (this “Agreement”) is entered into as of March 10, 2017 by and between NCR Corporation, a Maryland corporation (the “Company”), Blackstone BCP VI SBS ESC Holdco L.P., a Delaware limited partnership (“BCP SBS”), Blackstone NCR Holdco L.P., a Delaware limited partnership (“BCP Holdco”), BTO NCR Holdings - ESC L.P., a Delaware limited partnership (“BTO ESC”) and BTO NCR Holdings L.P., a Delaware limited partnership (“BTO Holdco” and, together with BCP SBS, BCP Holdco and BTO ESC, the “Sellers”). 
RECITALS
WHEREAS, the Sellers own in the aggregate 878,855 shares of the Series A Convertible Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”) as of the date hereof;
WHEREAS, each share of Series A Preferred Stock is convertible into approximately 33.333 shares of common stock, par value $0.01 per share, of the Company (the “Common Stock”) at any time at the option of the Sellers;
WHEREAS, the Sellers have determined to convert a portion of the shares of the Series A Preferred Stock held by the Sellers into shares of Common Stock, and the Company has agreed to repurchase the Common Stock to be issued upon conversion of such shares of Series A Preferred Stock at the price and upon the terms and conditions provided in this Agreement (the “Repurchase”); 
WHEREAS, the Sellers and the Company intend to commence an underwritten public offering (the “Public Offering”) of up to 342,000 shares of Series A Preferred Stock held by the Sellers (the “Underwritten Shares”);
WHEREAS, the board of directors of the Company (the “Board”) has authorized stock repurchase programs pursuant to which the Company may repurchase shares of Common Stock from time to time in the open market or in privately negotiated transactions; and
WHEREAS, the Board has approved the Repurchase and related transactions that may be required in connection with the Repurchase.
NOW, THEREFORE, in consideration of the mutual covenants herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the undersigned hereby agree as follows: 
1.    Repurchase. 
(a)    At the Closing (as defined below), subject to the satisfaction of the conditions and to the terms set forth in paragraph 1(b), each Seller hereby transfers, assigns, sells, conveys and delivers to the Company, and the Company hereby purchases from such Seller, the number of shares of Common Stock set forth opposite such Seller’s name on Schedule 

A hereto (collectively, the “Repurchase Shares”).  The per share purchase price for each Repurchase Share shall be equal to the closing sale price or, if no closing sale price is reported, the last reported sale price, of the shares of the Common Stock on the NYSE on March 10, 2017 (the “Per Share Purchase Price”).
(b)    The obligations of the Company to purchase the Repurchase Shares shall be subject to (i) the conversion of the number of shares of Preferred Stock set forth on Schedule A hereto into the number of Repurchase Shares set forth on Schedule A hereto, (ii) the closing of the Public Offering pursuant to the related Underwriting Agreement to be entered into by and among the Company, the Sellers and the underwriters named therein (the “Underwriting Agreement”) and (iii) the ratification of the Repurchase and related transactions by the Board and the Committee on Directors and Governance of the Board under the Company’s Related Person Transactions Policy.  Prior to the Closing, the Sellers shall deliver a conversion notice, and the Sellers and the Company shall take all other actions required to effect the conversion of the Preferred Stock as contemplated by this Section 1(b).
(c)    The closing of the sale of the Repurchase Shares (the “Closing”) shall take place on the same day as the closing of the Public Offering at the offices of Kirkland & Ellis LLP, 601 Lexington Avenue, New York, New York 10022, or at such other time and place as may be agreed upon by the Company and the Sellers.  At the Closing, the Company agrees to deliver to each of the Sellers, by wire transfer of immediately available funds, to an account designated in writing by each Seller, an amount equal to the product of the Per Share Purchase Price multiplied by the aggregate number of Repurchase Shares of the respective Seller as set forth on the attached Schedule A.
2.    Company Representations.  In connection with the transactions contemplated hereby, the Company represents and warrants to the Sellers that: 
(a)    The Company is a corporation duly organized and validly existing under the Laws of the State of Maryland.  The Company has all necessary corporate power and corporate authority to execute and deliver this Agreement and to perform its obligations hereunder and to consummate the transactions contemplated hereby.  Except as expressly set forth in paragraph 1(b), all consents, approvals, authorizations and orders necessary for the execution and delivery by the Company of this Agreement, and for the purchase of the Repurchase Shares by the Company hereunder, have been obtained. 
(b)    The execution, delivery and performance by the Company of this Agreement, and the consummation by it of the transactions contemplated hereby, have been duly authorized by the Board and, except as expressly set forth in paragraph 1(b), no other corporate action on the part of the Company is necessary to authorize the execution, delivery and performance by the Company of this Agreement and the consummation by it of the transactions contemplated hereby.  This Agreement has been duly executed and delivered by the Company and, assuming due authorization, execution and delivery hereof by the Sellers, constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except that such enforceability (i) may be limited by bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar state or federal laws, common 

law, statutes, ordinances, codes, rules or regulations or other similar requirement enacted, adopted, promulgated, or applied by any governmental authority (“Laws”) of general application affecting or relating to the enforcement of creditors’ rights generally and (ii) is subject to general principles of equity, whether considered in a proceeding at law or in equity (the “Bankruptcy and Equity Exception”).
(c)    Neither the execution and delivery of this Agreement nor the consummation by the Company of the transactions contemplated hereby, nor performance or compliance by the Company with any of the terms or provisions hereof, will (i) conflict with or violate any provision of (A) the Company’s organizational documents or (B) the similar organizational documents of any of the Company’s subsidiaries or (ii) (x) violate any Law or outstanding order, judgment, injunction, ruling, writ or decree of any governmental authority (“Judgments”) applicable to the Company or any of its subsidiaries or (y) violate or constitute a default (or constitute an event which, with notice or lapse of time or both, would violate or constitute a default) under any of the terms or provisions of any loan or credit agreement, indenture, debenture, note, bond, mortgage, deed of trust, lease, sublease, license, contract or other agreement (each, a “Contract”) to which the Company or any of its subsidiaries is a party or accelerate the Company’s or, if applicable, any of its subsidiaries’ obligations under any such Contract.
(d)    Both immediately prior to and after giving effect to the Repurchase, (i) the Company and its subsidiaries shall be Solvent (as defined below) and (ii) the fair value and present fair saleable value of the Company’s assets exceed its total liabilities (including contingent, subordinated, unmatured and unliquidated liabilities) by an amount that exceeds the Company’s statutory capital.  For purposes of this Agreement, the term “Solvent” means that, as of the applicable time of determination, the Company and its subsidiaries, taken as a whole, (A) are able to pay their respective debts as they become due; (B) own property which has a fair saleable value greater than the amounts required to pay their respective debts (including a reasonable estimate of the amount of all contingent liabilities); and (C) have adequate capital to carry on their respective businesses.  No transfer of property is being made and no obligation is being incurred in connection with the transactions contemplated by this Agreement with the intent to hinder, delay or defraud either present or future creditors of the Company or its subsidiaries.
3.    Representations of the Sellers. In connection with the transactions contemplated hereby, each of the Sellers hereby represents and warrants to the Company (as to itself only) that: 
(a)    Such Seller is a limited partnership duly organized, validly existing and in good standing under the Laws of the State of Delaware.  Such Seller has all necessary power and authority to execute and deliver this Agreement, to perform its obligations hereunder and to consummate the transactions contemplated hereby.  All consents, approvals, authorizations and orders necessary for the execution and delivery by such Seller of this Agreement, and for the sale and delivery of the Repurchase Shares to be sold by such Seller hereunder, have been obtained. 
(b)    The execution, delivery and performance by such Seller of this Agreement and the consummation by such Seller of the transactions contemplated hereby have been duly 

authorized and approved by all necessary action on the part of such Seller, and no further action, approval or authorization by any of its directors, managers, stockholders, partners, members or other equity owners, as the case may be, is necessary to authorize the execution, delivery and performance by such Seller of this Agreement and the consummation by each Seller of the transactions contemplated hereby.  This Agreement has been duly executed and delivered by such Seller and, assuming due authorization, execution and delivery hereof by the Company, constitutes a legal, valid and binding obligation of such Seller, enforceable against it in accordance with its terms, subject to the Bankruptcy and Equity Exception.  
(c)    Neither the execution and delivery of this Agreement by such Seller, nor the consummation of the transactions contemplated hereby by such Seller, nor performance or compliance by such Seller with any of the terms or provisions hereof, will (i) conflict with or violate any provision of the certificate or articles of incorporation, bylaws or other comparable charter or organizational documents of such Seller or (ii) (x) violate any Law or Judgment applicable to such Seller or any of its subsidiaries or (y) violate or constitute a default (or constitute an event which, with notice or lapse of time or both, would violate or constitute a default) under any of the terms, conditions or provisions of any Contract to which such Seller or any of its subsidiaries is a party or accelerate such Seller’s or any of its subsidiaries’, if applicable, obligations under any such Contract.
(d)    As of the date hereof, such Seller has, and immediately prior to the delivery of the Repurchase Shares to the Company at the Closing will have, valid title to its Repurchase Shares free and clear of all liens or other encumbrances (other than any lien or encumbrance arising as a result of the Company’s ownership of any such shares). 
(e)    Such Seller (a) has such knowledge and experience in financial and business matters and in investments of this type that it is capable of evaluating the merits and risks of the Repurchase and of making an informed investment decision, (b) is an “accredited investor” (as that term is defined by Rule 501 of the Securities Act), (c) is a “qualified institutional buyer” (as that term is defined in Rule 144A of the Securities Act) and (d) (1) has been furnished with or has had full access to all the information that it considers necessary or appropriate to make an informed investment decision with respect to the Repurchase and (2) has had an opportunity to discuss with the Company and its representatives the intended business and financial affairs of the Company and to obtain information  necessary to verify any information furnished to it or to which it had access.  Such Seller has such knowledge and experience in business and financial matters so as to enable it to understand and evaluate the risks of, and form an investment decision with respect to, the Repurchase.  
4.    Termination.  This Agreement may be terminated at any time by the mutual written consent of the Company and the Sellers.  Furthermore, this Agreement shall automatically terminate and be of no further force and effect, in the event that the conditions in paragraph 1(b) of this Agreement have not been satisfied within 10 business days after the date hereof or the Public Offering has not been priced by 5 p.m. New York City time on the date that is 4 business days after the date hereof. 

5.    Notices.  All notices, demands or other communications to be given or delivered under or by reason of the provisions of this Agreement will be in writing and will be deemed to have been given when delivered personally, mailed by certified or registered mail, return receipt requested and postage prepaid, or sent via a nationally recognized overnight courier, or sent via facsimile to the recipient.  Such notices, demands and other communications will be sent to the address indicated below: 
	
			
	 
	To the Sellers: 
	 

	 
	 
	Blackstone Capital Partners VI L.P.

	 
	 
	c/o The Blackstone Group

	 
	 
	345 Park Avenue

	 
	 
	New York, NY 10154

	 
	 
	Attn: Greg Blank

	 
	 
	Fax: 646-253-8902

	 
	 
	Email: blank@blackstone.com

	 
	 
	 

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

	 
	 
	 

	 
	 
	Kirkland & Ellis LLP

	 
	 
	Attention:

	 
	 
	Joshua Koroff, Esq.

	 
	 
	Leo GreenBerg, Esq.

	 
	 
	Facsimile:  212-446-6460

	 
	 
	Email: joshua.koroff@kirkland.com

	 
	 
	lgreenberg@kirkland.com

	 
	 
	 

	 
	To the Company:
	 

	 
	 
	NCR Corporation 

	 
	 
	250 Greenwich Street

	 
	 
	New York, NY 10007

	 
	 
	Attention: General Counsel 

	 
	 
	Email: law.notices@ncr.com

	 
	 
	 

	 
	 
	and

	 
	 
	 

	 
	 
	NCR Corporation 

	 
	 
	Law Department 

	 
	 
	3097 Satellite Blvd. 

	 
	 
	Duluth, GA 30096

	 
	 
	Attention: Chief Corporate Counsel 

	 
	 
	 

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

	
			
	 
	 
	Paul, Weiss, Rifkind, Wharton & Garrison LLP

	 
	 
	1285 Avenue of the Americas

	 
	 
	New York, NY 10019-6064

	 
	 
	Attention:      Scott A. Barshay, Esq.

	 
	 
	Steven J. Williams, Esq.

	 
	 
	Facisimile:  212-757-3990

	 
	 
	Email: sbarshay@paulweiss.com

	 
	 
	swilliams@paulweiss.com

	 
	 
	 

	 
	 
	 

or such other address or to the attention of such other person as the recipient party shall have specified by prior written notice to the sending party. 
6.    Miscellaneous. 
(a)    Survival of Representations and Warranties.  All representations and warranties contained herein or made in writing by any party in connection herewith shall survive the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby. 
(b)    Severability.  If any term, condition or other provision of this Agreement is determined by a court of competent jurisdiction to be invalid, illegal or incapable of being enforced by any rule of Law or public policy, all other terms, provisions and conditions of this Agreement shall nevertheless remain in full force and effect.  Upon such determination that any term, condition or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible to the fullest extent permitted by applicable Law. 
(c)    Complete Agreement.  This Agreement, together with that certain letter agreement by and among the parties hereto dated the date hereof, constitutes the entire agreement, and supersedes all other prior agreements and understandings, both written and oral, among the parties and their affiliates, or any of them, with respect to the subject matter hereof and thereof. 
(d)    Counterparts.  This Agreement may be executed in one or more counterparts (including by facsimile or electronic mail), each of which shall be deemed to be an original but all of which taken together shall constitute one and the same agreement, and shall become effective when one or more counterparts have been signed by each of the parties hereto and delivered to the other parties hereto. 
(e)    Assignment; Successors and Assigns. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned, in whole or in part, by operation 

of Law or otherwise, by any of the parties hereto without the prior written consent of the other party hereto.  Subject to the immediately preceding sentence, this Agreement shall be binding upon, inure to the benefit of, and be enforceable by, the parties hereto and their respective successors and permitted assigns. 
(f)    No Third Party Beneficiaries or Other Rights.  No provision of this Agreement shall confer upon any person or other entity other than the parties hereto and their permitted assigns any rights or remedies hereunder.  This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or performance of this Agreement may only be made against the entities that are expressly identified as parties hereto, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents or affiliates of any party hereto or any former, current or future equityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent or affiliate of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith. Without limiting the rights of any party against the other parties hereto, in no event shall any party or any of its affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages in respect of any breach of this Agreement from, any Non-Recourse Party. 
(g)    Governing Law; Jurisdiction. This Agreement shall be governed by, and construed in accordance with, the Laws of the State of Delaware applicable to contracts executed in and to be performed entirely within that State, regardless of the laws that might otherwise govern under any applicable conflict of Laws principles, except where the provisions of the Laws of the State of Maryland are mandatorily applicable.  All legal or administrative proceeding, suit, investigation, arbitration or action (“Actions”) arising out of or relating to this Agreement shall be heard and determined in the Chancery Court of the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction over any Action, any state or federal court within the State of Delaware) and the parties hereto hereby irrevocably submit to the exclusive jurisdiction and venue of such courts in any such Action and irrevocably waive the defense of an inconvenient forum or lack of jurisdiction to the maintenance of any such Action.  The consents to jurisdiction and venue set forth in this Section 6(g) shall not constitute general consents to service of process in the State of Delaware and shall have no effect for any purpose except as provided in this paragraph and shall not be deemed to confer rights on any person or entity other than the parties hereto.  Each party hereto agrees that service of process upon such party in any Action arising out of or relating to this Agreement shall be effective if notice is given by overnight courier at the address set forth in Section 5 of this Agreement.  The parties hereto agree that a final judgment in any such Action shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable Law; provided, however, that nothing in the foregoing shall restrict any party’s rights to seek any post-judgment relief regarding, or any appeal from, a final trial court judgment. 

(h)    Mutuality of Drafting.  The parties hereto have participated jointly in the negotiation and drafting of this Agreement and, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as jointly drafted by the parties hereto and no presumption or burden of proof shall arise favoring or disfavoring any party hereto by virtue of the authorship of any provision of this Agreement. 
(i)    Remedies.  The parties hereto agree and acknowledge that money damages will not be an adequate remedy for any breach of the provisions of this Agreement, that any breach of the provisions of this Agreement shall cause the other parties irreparable harm, and that any party may in its sole discretion apply to any court of law or equity of competent jurisdiction (without posting any bond or deposit) for specific performance or other injunctive relief in order to enforce, or prevent any violations of, the provisions of this Agreement. 
(j)    Amendment and Waiver.  Subject to compliance with applicable Law, this Agreement may be amended or supplemented in any and all respects only by written agreement of the parties hereto. 
(k)    Extension of Time, Waiver, Etc.  The Company and the Sellers may, subject to applicable Law, (a) waive any inaccuracies in the representations and warranties of the other party contained herein or in any document delivered pursuant hereto, (b) extend the time for the performance of any of the obligations or acts of the other party or (c) waive compliance by the other party with any of the agreements contained herein applicable to such party or, except as otherwise provided herein, waive any of such party’s conditions.  Notwithstanding the foregoing, no failure or delay by the Company or the Sellers in exercising any right hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right hereunder.  Any agreement on the part of a party hereto to any such extension or waiver shall be valid only if set forth in an instrument in writing signed on behalf of such party.
(l)    Further Assurances.  Each of the Company and the Sellers shall execute and deliver such additional documents and instruments and shall take such further action as may be necessary or appropriate to effectuate fully the provisions of this Agreement. 
(m)     Expenses.  Each of the Company and the Sellers acknowledge and agree that expenses in connection with the drafting, negotiation, execution and delivery of this Agreement and the consummation of the transactions contemplated hereby (including the reasonable fees and disbursements of counsel to the Sellers in connection herewith) shall be governed by Section 8.11 in that certain Investment Agreement by and between the Company and the Sellers without giving effect to the two provisos therein.
(n)    Investment Agreement.  The parties acknowledge and agree that, notwithstanding anything to the contrary in the Investment Agreement, including, but not limited Section 5.08 thereof, each of the Sellers and the Company are permitted to enter into this Agreement and consummate the transactions contemplated hereby. 
[Signatures appear on following page.]

IN WITNESS WHEREOF, the parties hereto have executed this Stock Repurchase Agreement as of the date first written above. 
	
			
	 
	 
	Company:

	 
	 
	 

	 
	 
	NCR Corporation

	 
	 
	By: /s/ Edward Gallagher

	 
	 
	 

	 
	 
	      Name: Edward Gallagher

	 
	 
	      Title: General Counsel

[Signature Page to Stock Repurchase Agreement]

	
	
	Sellers:

	 

	BLACKSTONE BCP VI SBS ESC HOLDCO L.P.

	 

	By: BCP VI Side-by-Side GP L.L.C., its General Partner

	 

	By: /s/ Martin J. Brand

	 

	Name: Martin J. Brand

	Title: Senior Managing Director

	 

	 

	BLACKSTONE NCR HOLDCO L.P.

	 

	By:  Blackstone Management Associates VI L.L.C., its General Partner

	 

	By:  BMA VI L.L.C., its Sole Member

	 

	By: /s/ Martin J. Brand

	 

	Name: Martin J. Brand

	Title: Senior Managing Director

	 

	 

	BTO NCR HOLDINGS - ESC L.P.

	 

	By: BTO Holdings Manager L.L.C., its General Partner

	 

	By: Blackstone Tactical Opportunities Associates L.L.C., its Managing Member

	 

	By: BTOA L.L.C., its Sole Member

	 

	By: /s/ Christopher James

	 

	Name: Christopher James

	Title: Senior Managing Director

	 

[Signature Page to Stock Repurchase Agreement]

	
	
	BTO NCR HOLDINGS L.P

	 

	By: BTO Holdings Manager L.L.C, its General Manager

	 

	By: Blackstone Tactical Opportunities Associates L.L.C., its Managing Member

	 

	By: BTOA L.L.C., its Sole Member

	 

	By: /s/ Christopher James

	 

	Name: Christopher James

	Title: Senior Managing Director

	 

          

[Signature Page to Stock Repurchase Agreement]

Schedule A
	
			
	SELLER
	SHARES TO BE SOLD
	AGGREGATE PURCHASE PRICE

	BTO NCR HOLDINGS - ESC L.P.
	2,670.00
	$129,414.90

	BTO NCR HOLDINGS L.P.
	758,729.00
	$36,775,594.63

	BLACKSTONE BCP VI SBS ESC HOLDCO L.P.
	4,438.00
	$215,109.86

	BLACKSTONE NCR HOLDCO L.P.
	2,236,916.00
	$108,423,318.52

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00270-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00270-of-00352.parquet"}]]