Document:

Exhibit 10.13

 

Execution Version

 

AMENDMENT NO. 1 TO CREDIT AGREEMENT

 

THIS AMENDMENT NO. 1 TO CREDIT AGREEMENT, dated as of November 18, 2015 (this “Agreement”), is made by and among World Triathlon Corporation, a Florida corporation (the “Borrower”), World Endurance Holdings, Inc., a Delaware corporation (“Holdings”), the subsidiary guarantors party hereto (the “Subsidiary Guarantors”), the Lenders (such capitalized term and all other capitalized terms not otherwise defined herein shall have the meanings set forth in the Credit Agreement referred to below) party hereto, and UBS AG, Stamford Branch, as administrative agent for the Lenders (the “Administrative Agent”).

 

PRELIMINARY STATEMENTS

 

The Borrower, Holdings, the Lenders and the Administrative Agent have entered into that certain Credit Agreement, dated as of June 26, 2014 (as amended, supplemented or otherwise modified prior to the date hereof, the “Existing Credit Agreement”, and as the same may be further amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”).

 

Holdings has entered into an Agreement and Plan of Merger dated August 26, 2015, by and among Wanda Sports Holdings (USA) Inc., a Delaware corporation (“Parent”), Winco USA Inc., a Delaware corporation and wholly owned subsidiary of Parent (“Merger Sub”), Wanda Culture Holding Co. Limited, a Hong Kong corporation, Holdings, and Swift Representative LLC, a Delaware limited liability company, on behalf of the shareholders of Holdings, pursuant to which Merger Sub shall be merged into Holdings (the “Merger”).

 

The Borrower has requested certain modifications to the Existing Credit Agreement as more particularly set forth herein.

 

In consideration of the premises and agreements, provisions and covenants herein contained, the parties hereto hereby covenant and agree as follows:

 

SECTION 1.                            Amendments to Existing Credit Agreement.

 

(a)                                 The definitions of “Debt Fund Affiliate”, “Disqualified Institutions” and “Sponsor” in Section 1.01 of the Existing Credit Agreement are amended by replacing “PEP’ wherever it appears with “Wanda”.

 

(b)                                 The definition of “Investors” in Section 1.01 of the Existing Credit Agreement is amended and restated as follows:

 

“Investors” means (a) the Sponsor, (b) the Management Investors and (c) certain other investors identified to the Administrative Agent in writing on the First Amendment Effective Date.

 

(c)                                  The definition of “PEP” in Section 1.01 of the Existing Credit Agreement is deleted in its entirety.

 

(d)                                 The definition of “Projections” in Section 1.01 of the Existing Credit Agreement is amended by replacing the word “Sponsor” with “Prior Sponsor”.

 

 

(e)                                  Section 1.01 of the Existing Credit Agreement is amended by adding the following definitions in appropriate alphabetical order:

 

“First Amendment” means Amendment No. 1 to the Credit Agreement, dated November 13, 2015 by and among the Borrower, Holdings, the Subsidiary Guarantors party thereto, the Lenders party thereto and the Administrative Agent.

 

“First Amendment Effective Date” means November 18, 2015.

 

“Wanda” means Wanda Culture Holding Co. Limited.

 

“Prior Sponsor” means Providence Equity Partners LLC and any of its controlled Affiliates and funds managed or advised by Providence Equity Partners LLC or any of its controlled Affiliates.

 

(f)                                   Sections 2.11(b)(vi) and 2.12(f) of the Existing Credit Agreement are amended by replacing the clause “12 months after the Closing Date” wherever it appears with “6 months after the First Amendment Effective Date”.

 

(g)                                  Section 3.11(a) of the Existing Credit Agreement is amended by replacing the word “Sponsor” with “Prior Sponsor”.

 

SECTION 2.                            Conditions to Effectiveness. This Agreement shall become effective on the date (the “Effective Date”) when, and only when, each of the applicable conditions set forth below have been satisfied (or waived) in accordance with the terms herein:

 

(a)                                 this Agreement shall have been executed and delivered by the Borrower, Holdings, the Subsidiary Guarantors, the Administrative Agent and Lenders comprising the Required Lenders;

 

(b)                                 (i) the representations and warranties of each Loan Party set forth in Article 3 of the Credit Agreement and in each other Loan Document shall be true and correct in all material respects on and as of the Effective Date with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date and (ii) as of the Effective Date, no Event of Default shall exist;

 

(c)                                  The Merger shall have been consummated;

 

(d)                                 substantially concurrently with the effectiveness of this Agreement, the Administrative Agent shall have received all fees and other amounts due and payable on or prior to the Effective Date under the Credit Agreement or this Agreement, including, to the extent invoiced at least three Business Days prior to the Effective Date, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by the Borrower pursuant to Section 3 of this Agreement;

 

(e)                                  The Borrower shall have paid, for the account of each Lender that has returned an executed signature page to this Agreement to the Administrative Agent at or prior to 12:00 noon (New York City time) on September 25, 2015, amendment fees in the amount equal to 0.25% of the sum, without duplication, of such Lender’s outstanding Loans and Commitments; and

 

2

 

(f)                                   the Administrative Agent shall have received a certificate dated as of the Effective Date and executed by a Responsible Officer of the Borrower as to the matters set forth in Section 2(b) and (c) of this Agreement.

 

SECTION 3.                            Expenses. The Borrower hereby reconfirms its obligations pursuant to Section 9.03 of the Credit Agreement to pay all reasonable and documented out-of-pocket expenses incurred by the Administrative Agent in connection with this Agreement subject to the limitations set forth therein.

 

SECTION 4.                            Reaffirmation of the Loan Parties. Each Loan Party hereby consents to the amendment of the Existing Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Agreement, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Existing Credit Agreement, this Agreement or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case as amended by this Agreement. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms that the existing security interests granted by such Loan Party in favor of the Secured Parties pursuant to the Loan Documents in the Collateral described therein shall continue to secure the obligations of the Loan Parties as and to the extent provided in the Loan Documents.

 

SECTION 5.                            Amendment, Modification and Waiver. This Agreement may not be amended, modified or waived except in accordance with Section 9.02 of the Credit Agreement.

 

SECTION 6.                            Entire Agreement. This Agreement, the Credit Agreement, and the other Loan Documents constitute the entire agreement among the parties hereto with respect to the subject matter hereof and thereof and supersede all other prior agreements and understandings, both written and verbal, among the parties hereto with respect to the subject matter hereof. Except as expressly set forth herein, this Agreement shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of any party under, the Existing Credit Agreement, nor alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Existing Credit Agreement, all of which are ratified and affirmed in all respects and shall continue in full force and effect. It is understood and agreed that each reference in each Loan Document to the Credit Agreement, whether direct or indirect, shall hereafter be deemed to be a reference to the Existing Credit Agreement as amended hereby and that this Agreement is a Loan Document. This Agreement shall not constitute a novation of any amount owing under the Existing Credit Agreement and all amounts owing in respect of principal, interest, fees and other amounts pursuant to the Existing Credit Agreement and the other Loan Documents shall, to the extent not paid or exchanged on or prior to the Effective Date, shall continue to be owing under the Credit Agreement or such other Loan Documents until paid in accordance therewith.

 

SECTION 7.                            GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. SECTION 9.10 AND 9.11 OF THE EXISTING CREDIT AGREEMENT ARE HEREBY INCORPORATED BY REFERENCE INTO THIS AGREEMENT MUTATIS MUTANDIS AND SHALL APPLY HERETO.

 

SECTION 8.                            Severability. To the extent permitted by law, any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions thereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.

 

3

 

SECTION 12.                     Counterparts. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile transmission or other customary means of electronic transmission (e.g., “pdf”) shall be as effective as delivery of a manually signed counterpart of this Agreement.

 

[Remainder of Page Intentionally Blank]

 

4

 

IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized officer to execute and deliver this Agreement as of the date first written above.

 

	
 
    	
WORLD TRIATHLON   CORPORATION, as Borrower
    
	
 
    	
 
    
	
 
    	
By
    	
/s/ Patrick Gramling
    
	
 
    	
 
    	
Name:
    	
PATRICK GRAMLING
    
	
 
    	
 
    	
Title:
    	
CHIEF FINANCIAL OFFICER
    
	
 
    	
 
    
	
 
    	
WORLD ENDURANCE   HOLDINGS, INC, as
    
	
 
    	
Holdings
    
	
 
    	
 
    
	
 
    	
By
    	
/s/ Andrew Messick
    
	
 
    	
 
    	
Name:
    	
ANDREW MESSICK
    
	
 
    	
 
    	
Title:
    	
CHIEF EXECUTIVE OFFICER
    

 

 

	
 
    	
UBS AG, Stamford   Branch,
    
	
 
    	
as Administrative Agent
    
	
 
    	
 
    
	
 
    	
By
    	
/s/ Darlene Arias
    
	
 
    	
 
    	
Name:
    	
Darlene Arias
    
	
 
    	
 
    	
Title:
    	
Director
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
By
    	
/s/ Craig Pearson
    
	
 
    	
 
    	
Name:
    	
Craig Pearson
    
	
 
    	
 
    	
Title:
    	
Associate Director
    

 

 

	
ACKNOWLEDGED AND AGREED:
    	
 
    
	
 
    	
 
    	
 
    
	
IRONMAN HOLDINGS I LLC, as Subsidiary Guarantor
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
/s/   Steven Johnston
    	
 
    	
 
    
	
Name:
    	
STEVEN   JOHNSTON
    	
 
    	
 
    
	
Title:
    	
CHIEF   LEGAL OFFICER
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
IRONMAN MARYLAND EVENTS, LLC, as Subsidiary
    	
 
    	
 
    
	
Guarantor
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
WORLD   TRIATHLON CORPORATION, its sole member
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
/s/   Patrick Gramling
    	
 
    	
 
    
	
Name:
    	
PATRICK   GRAMLING
    	
 
    	
 
    
	
Title:
    	
CHIEF   FINANCIAL OFFICER
    	
 
    	
 
    

 

 

	
 
    	
UBS AG, Stamford Branch,
    
	
 
    	
as a   Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/ Darlene Arias
    
	
 
    	
 
    	
 
    	
 
    	
Name:
    	
Darlene Arias
    
	
 
    	
 
    	
 
    	
 
    	
Title:
    	
Director
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/ Craig Pearson
    
	
 
    	
 
    	
 
    	
 
    	
Name:
    	
Craig Pearson
    
	
 
    	
 
    	
 
    	
 
    	
Title:
    	
Associate Director
    

 

 

	
 
    	
Arrowpoint   CLO 2013-1, LTD.,
    
	
 
    	
as a   Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/ Colby D. Stilson
    
	
 
    	
 
    	
 
    	
 
    	
Name:
    	
Colby D. Stilson
    
	
 
    	
 
    	
 
    	
 
    	
Title:
    	
Portfolio Manager
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Arrowpoint   CLO 2014-2, LTD.,
    
	
 
    	
as a   Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
/s/ Colby D. Stilson
    
	
 
    	
 
    	
 
    	
 
    	
Name:
    	
Colby D. Stilson
    
	
 
    	
 
    	
 
    	
 
    	
Title:
    	
Portfolio Manager
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
By:
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Arrowpoint CLO   2014-3, LTD.,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Colby D. Stilson
    
	
 
    	
 
    	
Name: 
    	
Colby D. Stilson
    
	
 
    	
 
    	
Title: 
    	
Portfolio Manager
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Peaks CLO 1, LTD.,
    
	
 
    	
as a Lender
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Colby D. Stilson
    
	
 
    	
 
    	
Name:
    	
Colby D. Stilson
    
	
 
    	
 
    	
Title:
    	
Portfolio Manager
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
AXA IM   Inc., for and on behalf of
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
ALLEGRO   CLO II, LTD.
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	

    
	
 
    	
 
    	
Name: 
    	

    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
AXA IM   Inc., for and on behalf of
    
	
 
    	
 
    
	
 
    	
ALLEGRO   CLO III, LTD.
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	

    
	
 
    	
 
    	
Name:
    	

    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
BlueMountain   CLO 2014-1 Ltd,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Meghan Fornshell
    
	
 
    	
 
    	
Name: 
    	
Meghan Fornshell
    
	
 
    	
 
    	
Title: 
    	
Operations Analyst
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
BlueMountain   CLO 2014-2 Ltd,
    
	
 
    	
as a Lender
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Meghan Fornshell
    
	
 
    	
 
    	
Name: 
    	
Meghan Fornshell
    
	
 
    	
 
    	
Title: 
    	
Operations Analyst
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
BlueMountain   CLO 2014-3 Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
By: BlueMountain   Capital Management, LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Meghan Fornshell
    
	
 
    	
 
    	
Name: 
    	
Meghan Fornshell
    
	
 
    	
 
    	
Title: 
    	
Operations Analyst
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
BlueMountain   CLO 2014-4 Ltd,
    
	
 
    	
as a Lender
    
	
 
    	
BY: BlueMountain   Capital Management
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Meghan Fornshell
    
	
 
    	
 
    	
Name: 
    	
Meghan Fornshell
    
	
 
    	
 
    	
Title: 
    	
Operations Analyst
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
BlueMountain   CLO 2015-2, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
By: BlueMountain   Capital Management, LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Meghan Fornshell
    
	
 
    	
 
    	
Name: 
    	
Meghan Fornshell
    
	
 
    	
 
    	
Title: 
    	
Operations Analyst
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
CALIFORNIA   STATE TEACHERS’
    
	
 
    	
RETIREMENT   SYSTEM,
    
	
 
    	
as a Lender
    
	
 
    	
By: Credit Suisse Asset   Management, LLC, as investment manager
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Louis Farano
    
	
 
    	
 
    	
Name: 
    	
Louis Farano
    
	
 
    	
 
    	
Title: 
    	
Director
    
	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
CREDIT   SUISSE FLOATING RATE HIGH
    
	
 
    	
INCOME   FUND,
    
	
 
    	
as a Lender
    
	
 
    	
By: Credit Suisse Asset   Management, LLC, as
    
	
 
    	
investment advisor
    
	
 
    	
 
    	
                                       
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Louis Farano
    
	
 
    	
 
    	
Name:
    	
Louis Farano
    
	
 
    	
 
    	
Title:
    	
Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
MADISON   PARK FUNDING XIV, LTD.,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Credit Suisse Asset   Management, LLC, as portfolio
    
	
 
    	
manager
    
	
 
    	
 
    	
                                       
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Louis Farano
    
	
 
    	
 
    	
Name:
    	
Louis Farano
    
	
 
    	
 
    	
Title:
    	
Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
THE   EATON CORPORATION MASTER
    
	
 
    	
RETIREMENT   TRUST,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Credit Suisse Asset   Management, LLC, as
    
	
 
    	
investment manager
    
	
 
    	
 
    	
                                       
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Louis Farano
    
	
 
    	
 
    	
Name:
    	
Louis Farano
    
	
 
    	
 
    	
Title:
    	
Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
1199SEIU   Health Care Employees Pension Fund
    
	
 
    	
By: Crescent Capital   Group LP, its advisor
    
	
 
    	
 
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian McKeon
    
	
 
    	
 
    	
Name:
    	
Brian McKeon
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ John Hwang
    
	
 
    	
 
    	
Name:
    	
JOHN HWANG
    
	
 
    	
 
    	
Title:
    	
VICE PRESIDENT
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Allied   World Assurance Company Ltd
    
	
 
    	
By: Crescent Capital   Group LP, its adviser
    
	
 
    	
 
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian McKeon
    
	
 
    	
 
    	
Name:
    	
Brian McKeon
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ John Hwang
    
	
 
    	
 
    	
Name:
    	
JOHN HWANG
    
	
 
    	
 
    	
Title:
    	
VICE PRESIDENT
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Argonaut   Insurance Company
    
	
 
    	
By: Crescent Capital   Group LP, its adviser
    
	
 
    	
 
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian McKeon
    
	
 
    	
 
    	
Name:
    	
Brian McKeon
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ John Hwang
    
	
 
    	
 
    	
Name:
    	
JOHN HWANG
    
	
 
    	
 
    	
Title:
    	
VICE PRESIDENT
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Crescent   Capital High Income Fund B, L.P.
    
	
 
    	
By: Crescent Capital   Group LP, its adviser
    
	
 
    	
 
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian McKeon
    
	
 
    	
 
    	
Name:
    	
Brian McKeon
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ John Hwang
    
	
 
    	
 
    	
Name:
    	
JOHN HWANG
    
	
 
    	
 
    	
Title:
    	
VICE PRESIDENT
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Crescent   Capital High Income Fund L.P.
    
	
 
    	
Business   Name: Crescent Capital LP
    
	
 
    	
High   Income Fund
    
	
 
    	
By: Crescent Capital   Group LP, its adviser
    
	
 
    	
 
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian McKeon
    
	
 
    	
 
    	
Name:
    	
Brian McKeon
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ John Hwang
    
	
 
    	
 
    	
Name:
    	
JOHN HWANG
    
	
 
    	
 
    	
Title:
    	
VICE PRESIDENT
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Mt.   Whitney Securities, Inc.
    
	
 
    	
 
    
	
 
    	
By: Crescent Capital   Group LP, its adviser
    
	
 
    	
 
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian McKeon
    
	
 
    	
 
    	
Name:
    	
Brian McKeon
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ John Hwang
    
	
 
    	
 
    	
Name:
    	
JOHN HWANG
    
	
 
    	
 
    	
Title:
    	
VICE PRESIDENT
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
As a Lender
    	
George   Lucas Family Foundation
    
	
 
    	
By: Deutsche Bank Trust   Company Americas as Agent
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Eric S. Meyer
    
	
 
    	
By:
    	
Eric S. Meyer
    
	
 
    	
 
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/   Antonio V. Versaci
    
	
 
    	
By:
    	
Name:
    	
Antonio   V. Versaci
    
	
 
    	
 
    	
Title:
    	
Director
    

 

 

	
As a Lender
    	
The   GWL Living Trust
    
	
 
    	
By: Deutsche Bank Trust   Company Americas as Agent
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Eric S. Meyer
    
	
 
    	
By:
    	
Eric S. Meyer
    
	
 
    	
 
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature is   necessary:
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Antonio V. Versaci
    
	
 
    	
By:
    	
Name:
    	
Antonio V. Versaci
    
	
 
    	
 
    	
Title:
    	
Director
    
					

 

 

	
As a Lender
    	
Deutsche   Floating Rate Fund
    
	
 
    	
By: Deutsche Investment   Management Americas Inc.
    
	
 
    	
Investment Advisor
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Eric S. Meyer
    
	
 
    	
By:
    	
Eric S. Meyer
    
	
 
    	
 
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Antonio V. Versaci
    
	
 
    	
By:
    	
Name:
    	
Antonio V. Versaci
    
	
 
    	
 
    	
Title:
    	
Director
    
					

 

 

	
As a Lender
    	
Deutsche   Short Duration Fund
    
	
 
    	
By: Deutsche Investment   Management Americas Inc.
    
	
 
    	
Investment Advisor
    
	
 
    	
 
    
	
 
    	
 
    	
/s/ Eric S. Meyer
    
	
 
    	
By:
    	
Eric S. Meyer
    
	
 
    	
 
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Antonio V. Versaci
    
	
 
    	
By:
    	
Name:
    	
Antonio V. Versaci
    
	
 
    	
 
    	
Title:
    	
Director
    
					

 

 

	
As a Lender
    	
Deutsche   Ultra-Short Duration Fund
    
	
 
    	
By: Deutsche Investment   Management Americas Inc.
    
	
 
    	
Investment Advisor
    
	
 
    	
 
    
	
 
    	
 
    	
/s/ Eric S. Meyer
    
	
 
    	
By:
    	
Eric S. Meyer
    
	
 
    	
 
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Antonio V. Versaci
    
	
 
    	
By:
    	
Name:
    	
Antonio V. Versaci
    
	
 
    	
 
    	
Title:
    	
Director
    
					

 

 

	
As a Lender
    	
Flagship   CLO VIII, Ltd
    
	
 
    	
By: Deutsche Investment   Management Americas Inc. ,
    
	
 
    	
As Investment Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Eric S. Meyer
    
	
 
    	
By:
    	
Eric S. Meyer
    
	
 
    	
 
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Antonio V. Versaci
    
	
 
    	
By:
    	
Name:
    	
Antonio V. Versaci
    
	
 
    	
 
    	
Title:
    	
Director
    
					

 

 

	
As a Lender
    	
Nomura   Global Manager Select — Bank Loan Fund
    
	
 
    	
a   series trust of Nomura Global Manager Select
    
	
 
    	
By: Deutsche Investment   Management Americas Inc., its Investment Sub-Advisor
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
 
    	
/s/ Eric S. Meyer
    
	
 
    	
By:
    	
Eric S. Meyer
    
	
 
    	
 
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
/s/ Antonio V. Versaci
    
	
 
    	
By:
    	
Name:
    	
Antonio V. Versaci
    
	
 
    	
 
    	
Title:
    	
Director
    
					

 

 

	
 
    	
Halcyon   Loan Advisors Funding 2012-2, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Halcyon Loan   Advisors 2012-2 LLC as collateral
    
	
 
    	
manager
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ David Martino
    
	
 
    	
 
    	
Name:
    	
David Martino
    
	
 
    	
 
    	
Title:
    	
Controller
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Halcyon   Loan Advisors Funding 2014-2 Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
By: Halcyon Loan   Advisors 2014-2 LLC as collateral
    
	
 
    	
manager
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ David Martino
    
	
 
    	
 
    	
Name:
    	
David Martino
    
	
 
    	
 
    	
Title:
    	
Controller
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Halcyon   Loan Advisors Funding 2014-3 Ltd,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Halcyon Loan   Advisors 2014-3 LLC as Collateral
    
	
 
    	
Manager
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ David Martino
    
	
 
    	
 
    	
Name:
    	
David Martino
    
	
 
    	
 
    	
Title:
    	
Controller
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
IA   Clarington Core Plus Bond Fund,
    
	
 
    	
as a Lender
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Terry Thib
    
	
 
    	
 
    	
Name:
    	
Terry Thib
    
	
 
    	
 
    	
Title:
    	
Portfolio Manager
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
IA   Clarington Floating Rate Income Fund,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Terry Thib
    
	
 
    	
 
    	
Name: Terry Thib
    
	
 
    	
 
    	
Title: Portfolio   Manager
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
IVY HILL MIDDLE MARKET   CREDIT FUND IV, LTD.
    	
 
    	
 
    	
 
    
	
By: Ivy Hill Asset   Management, L.P., as Portfolio Manager
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
/s/ Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Name:
    	
Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Title:
    	
Authorized Signatory
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
IVY HILL MIDDLE MARKET   CREDIT FUND V, LTD.
    	
 
    	
 
    	
 
    
	
By; Ivy Hill Asset   Management, L.P., as Portfolio Manager
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
/s/ Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Name:
    	
Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Title:
    	
Authorized Signatory
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
IVY HILL MIDDLE MARKET   CREDIT FUND VI, LTD.
    	
 
    	
 
    	
 
    
	
By: Ivy Hill Asset   Management, L.P., as Collateral Manager
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
/s/ Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Name:
    	
Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Title:
    	
Authorized Signatory
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
IVY HILL MIDDLE MARKET   CREDIT FUND VII, LTD.
    	
 
    	
 
    	
 
    
	
By: Ivy Hill Asset   Management, L.P., as Asset Manager
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
/s/ Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Name:
    	
Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Title:
    	
Authorized Signatory
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
IVY HILL MIDDLE MARKET   CREDIT FUND IX, LTD.
    	
 
    	
 
    	
 
    
	
By: Ivy Hill Asset   Management, L.P., as Asset Manager
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
By:
    	
/s/ Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Name:
    	
Miriam G. Krieger
    	
 
    	
 
    	
 
    
	
Title:
    	
Authorized Signatory
    	
 
    	
 
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
JMP   Credit Advisors CLO II Ltd.
    
	
 
    	
 
    
	
 
    	
By: JMP Credit Advisors   LLC
    
	
 
    	
As Attorney-in-Fact
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jeremy Phipps
    
	
 
    	
 
    	
Name: Jeremy Phipps
    
	
 
    	
 
    	
Title: Director
    

 

 

	
 
    	
JMP   Credit Advisors CLO III Ltd.
    
	
 
    	
 
    
	
 
    	
By: JMP Credit Advisors   LLC,
    
	
 
    	
As Attorney-in-Fact
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jeremy Phipps
    
	
 
    	
 
    	
Name: Jeremy Phipps
    
	
 
    	
 
    	
Title: Director
    

 

 

	
 
    	
MidOcean   Credit CLO III,
    
	
 
    	
as a Lender
    
	
 
    	
By: MidOcean Credit   Fund Management LP, as Portfolio Manager
    
	
 
    	
By: Ultramar Credit   Holdings, Ltd., its General Partner
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jim Wiant
    
	
 
    	
 
    	
Name: Jim Wiant
    
	
 
    	
 
    	
Title: Managing   Director
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
VENTURE   XIX CLO, Limited,
    
	
 
    	
as a Lender
    
	
 
    	
By: its investment   advisor
    
	
 
    	
MJX Asset Management   LLC
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ John P. Calaba
    
	
 
    	
 
    	
Name: John P. Calaba
    
	
 
    	
 
    	
Title: Portfolio   Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Venture   XVIII CLO, Limited,
    
	
 
    	
as a Lender
    
	
 
    	
By: its investment   advisor
    
	
 
    	
MJX Asset Management   LLC
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ John P. Calaba
    
	
 
    	
 
    	
Name: John P. Calaba
    
	
 
    	
 
    	
Title: Portfolio   Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Gallatin CLO IV 2012-1,   Ltd
    
	
 
    	
As Assignee
    
	
 
    	
By: MP Senior Credit   Partners LP
    
	
 
    	
as its Collateral   Manager
    
	
 
    	
 
    
	
 
    	
                                                         ,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jane Lawrence
    
	
 
    	
 
    	
Name: Jane Lawrence
    
	
 
    	
 
    	
Title: Principal
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
NMFC   Senior Loan Program I LLC,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ John R. Kline
    
	
 
    	
 
    	
Name: John R. Kline
    
	
 
    	
 
    	
Title: EVP &   COO
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Oaktree   CLO 2014-1 Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Oaktree Capital Management,   L.P.
    
	
 
    	
Its: Collateral Manager
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ William Wang
    
	
 
    	
 
    	
Name: William Wang
    
	
 
    	
 
    	
Title: Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Armen Panossian
    
	
 
    	
 
    	
Name: Armen Panossian
    
	
 
    	
 
    	
Title: Managing   Director
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Oaktree CLO 2014-2 Ltd.,
    	
 
    
	
 
    	
as a Lender
    	
 
    
	
 
    	
By: Oaktree Capital   Management, L.P.
    	
 
    
	
 
    	
Its: Collateral Manager
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ William Wang
    
	
 
    	
 
    	
Name: William Wang
    	
 
    
	
 
    	
 
    	
Title: Vice President
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Armen Panossian
    
	
 
    	
 
    	
Name: Armen Panossian
    	
 
    
	
 
    	
 
    	
Title: Managing   Director
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Oaktree   EIF II Series A1, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
By: Oaktree Capital   Management, L.P.
    
	
 
    	
its: Collateral Manager
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ William Wang
    
	
 
    	
 
    	
Name: William Wang
    	
 
    
	
 
    	
 
    	
Title: Vice President
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Armen Panossian
    
	
 
    	
 
    	
Name: Armen Panossian
    	
 
    
	
 
    	
 
    	
Title: Managing   Director
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
OAKTREE   EIF II SERIES A2, LTD.,
    
	
 
    	
as a Lender
    
	
 
    	
By: Oaktree Capital   Management, L.P.
    
	
 
    	
its: Collateral Manager
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ William Wang
    
	
 
    	
 
    	
Name: William Wang
    	
 
    
	
 
    	
 
    	
Title: Vice President
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Armen Panossian
    
	
 
    	
 
    	
Name: Armen Panossian
    	
 
    
	
 
    	
 
    	
Title: Managing   Director
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
OFSI Fund V, Ltd.
    
	
 
    	
By:
    	
OFS Capital Management,   LLC
    	
 
    
	
 
    	
Its:
    	
Collateral Manager
    	
 
    
	
 
    	
 
    	
By:
    	
/s/ Maureen S. Ault
    
	
 
    	
 
    	
Name:
    	
Maureen S. Ault
    
	
 
    	
 
    	
Title:
    	
Director
    
					

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
OFSI Fund VI, Ltd.
    
	
 
    	
 
    	
By:
    	
OFS Capital Management,   LLC
    
	
 
    	
 
    	
Its:
    	
Collateral Manager
    
	
 
    	
 
    	
By:
    	
/s/ Maureen S. Ault
    
	
 
    	
 
    	
Name:
    	
Maureen S. Ault
    
	
 
    	
 
    	
Title:
    	
Director
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
OFSI Fund   VII, Ltd.
    
	
 
    	
 
    	
By:
    	
OFS Capital Management,   LLC
    
	
 
    	
 
    	
Its:
    	
Collateral Manager
    
	
 
    	
 
    	
By:
    	
/s/ Maureen S. Ault
    
	
 
    	
 
    	
Name:
    	
Maureen S. Ault
    
	
 
    	
 
    	
Title:
    	
Director
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Benefit   Street Partners CLO III, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Todd Marsh
    
	
 
    	
 
    	
Name: Todd Marsh
    
	
 
    	
 
    	
Title: Authorized   Signer
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
					

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Benefit   Street Partners CLO IV, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Todd Marsh
    
	
 
    	
 
    	
Name: Todd Marsh
    	
 
    
	
 
    	
 
    	
Title: Authorized   Signer
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    
					

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Benefit   Street Partners CLO V, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Todd Marsh
    
	
 
    	
 
    	
Name: Todd Marsh
    	
 
    
	
 
    	
 
    	
Title: Authorized   Signer
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
ALPS/Westport   Resources Hedged High Income Fund,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Sound Point Capital   Management, LP as Sub
    
	
 
    	
Investment Advisor
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name: Dwayne Weston
    	
 
    
	
 
    	
 
    	
Title: CLO Operations   Manager
    	
 
    
	
 
    	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Commonwealth   of Pennsylvania, Treasury Department,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Sound Point Capital   Management, LP as Investment Advisor
    
	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name: Dwayne Weston
    
	
 
    	
 
    	
Title: CLO Operations   Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Commonwealth   of Pennsylvania, Treasury
    
	
 
    	
Department   - Tuition Account Program,
    
	
 
    	
as a Lender
    	
 
    
	
 
    	
BY: Sound Point Capital   Management, LP as Investment Advisor
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name: Dwayne Weston
    
	
 
    	
 
    	
Title: CLO Operations   Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
				

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Kaiser   Foundation Hospitals,
    
	
 
    	
as a Lender
    	
 
    
	
 
    	
By: Sound Point Capital   Management, LP as Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name: Dwayne Weston
    
	
 
    	
 
    	
Title: CLO Operations   Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
				

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Kaiser   Permanente Group Trust,
    
	
 
    	
as a Lender
    	
 
    
	
 
    	
By: Sound Point Capital   Management, LP as Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name: Dwayne Weston
    
	
 
    	
 
    	
Title: CLO Operations   Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
				

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Sound   Point CLO II, Ltd,
    	
 
    
	
 
    	
as a Lender
    	
 
    
	
 
    	
BY: Sound Point Capital   Management, LP as Collateral Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name: Dwayne Weston
    
	
 
    	
 
    	
Title: CLO Operations   Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    
				

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Sound   Point CLO III, Ltd,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Sound Point Capital   Management, LP as Collateral Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name:
    	
Dwayne Weston
    
	
 
    	
 
    	
Title:
    	
CLO Operations Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Sound   Point CLO VII, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Sound Point Capital   Management, LP as Collateral Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name:
    	
Dwayne Weston
    
	
 
    	
 
    	
Title:
    	
CLO Operations Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
SOUND   POINT FLOATING RATE FUND, A
    
	
 
    	
SERIES   OF TAYLOR INSURANCE SERIES LP,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Sound Point Capital   Management LP As Investment Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name:
    	
Dwayne Weston
    
	
 
    	
 
    	
Title:
    	
CLO Operations Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Sound   Point Floating Rate Income Fund,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Sound Point Capital   Management, LP as Investment Advisor
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name:
    	
Dwayne Weston
    
	
 
    	
 
    	
Title:
    	
CLO Operations Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Teamsters   Pension Trust Fund of Philadelphia & Vicinity,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Sound Point Capital   Management, LP as Investment Advisor
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Dwayne Weston
    
	
 
    	
 
    	
Name:
    	
Dwayne Weston
    
	
 
    	
 
    	
Title:
    	
CLO Operations Manager
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
John   Hancock Funds II - Spectrum Income Fund,
    
	
 
    	
as a Lender
    
	
 
    	
BY: T. Rowe Price   Associates, Inc. as investment sub-advisor
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian Burns
    
	
 
    	
 
    	
Name:
    	
Brian Burns
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
T.   Rowe Price Funds Series II SICAV,
    
	
 
    	
as a Lender
    
	
 
    	
By: T. Rowe Price   Associates, Inc., as investment sub-manager of the T. Rowe Price Funds   Series II SICAV
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian Burns
    
	
 
    	
 
    	
Name:
    	
Brian Burns
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
T.   Rowe Price Floating Rate Fund, Inc.,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian Burns
    
	
 
    	
 
    	
Name:
    	
Brian Burns
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
T.   Rowe Price Floating Rate Multi-Sector Account Portfolio,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian Burns
    
	
 
    	
 
    	
Name:
    	
Brian Burns
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
ACE   American Insurance Company,
    
	
 
    	
as a Lender
    
	
 
    	
BY: T. Rowe Price   Associates, Inc. as investment advisor
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian Burns
    
	
 
    	
 
    	
Name:
    	
Brian Burns
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
T.   Rowe Price Institutional Floating Rate Fund,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Brian Burns
    
	
 
    	
 
    	
Name:
    	
Brian Burns
    
	
 
    	
 
    	
Title:
    	
Vice President
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
TELOS   CLO 2013-3, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
By: Telos Asset   Management, LLC
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jonathan Tepper
    
	
 
    	
 
    	
Name:
    	
Jonathan Tepper
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
TELOS   CLO 2013-4, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
By: Telos Asset   Management, LLC
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jonathan Tepper
    
	
 
    	
 
    	
Name:
    	
Jonathan Tepper
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
TELOS   CLO 2014-5, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
By: Telos Asset   Management, LLC
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jonathan Tepper
    
	
 
    	
 
    	
Name:
    	
Jonathan Tepper
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
TELOS   CLO 2014-6, Ltd,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jonathan Tepper
    
	
 
    	
 
    	
Name:
    	
Jonathan Tepper
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Russell   Institutional Funds, LLC - Russell Multi-Asset Core Plus Fund,
    
	
 
    	
as a Lender
    
	
 
    	
BY: THL Credit Advisors   LLC, as Investment Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Kathleen Zarn
    
	
 
    	
 
    	
Name:
    	
Kathleen Zarn
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Russell   Investment Company Russell Global Opportunistic Credit Fund,
    
	
 
    	
as a Lender
    
	
 
    	
BY: THL Credit Advisors   LLC, as Investment Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Kathleen Zarn
    
	
 
    	
 
    	
Name:
    	
Kathleen Zarn
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Russell   Investment Company Russell Short Duration Bond Fund,
    
	
 
    	
as a Lender
    
	
 
    	
BY: THL Credit Advisors   LLC, as Investment Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Kathleen Zarn
    
	
 
    	
 
    	
Name:
    	
Kathleen Zarn
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Russell   Investments Ireland Limited on behalf of the Russell Floating Rate Fund, a   subfund of Russell Qualifying Investor Alternative Investment Funds plc,
    
	
 
    	
as a Lender
    
	
 
    	
BY: THL Credit Advisors   LLC, as Investment Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Kathleen Zarn
    
	
 
    	
 
    	
Name:
    	
Kathleen Zarn
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
THL   Credit Wind River 2014-2 CLO Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
BY: THL Credit Senior   Loan Strategies LLC, as Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Kathleen Zarn
    
	
 
    	
 
    	
Name:
    	
Kathleen Zarn
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
THL   Credit Wind River 2014-3 CLO Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
BY THL Credit Senior   Loan Strategies LLC, as Manager
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Kathleen Zarn
    
	
 
    	
 
    	
Name:
    	
Kathleen Zarn
    
	
 
    	
 
    	
Title:
    	
Managing Director
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Trinitas   CLO II, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Gibran Mahmud
    
	
 
    	
 
    	
Name:
    	
Gibran Mahmud
    
	
 
    	
 
    	
Title:
    	
Chief Investment   Officer
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Trinitas   CLO III, Ltd.,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Gibran Mahmud
    
	
 
    	
 
    	
Name:
    	
Gibran Mahmud
    
	
 
    	
 
    	
Title:
    	
Chief Investment   Officer
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    	
 
    
	
 
    	
 
    	
Title:
    	
 
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
UBS   AG, Stamford Branch,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Darlene Arias
    
	
 
    	
 
    	
Name:
    	
Darlene Arias
    
	
 
    	
 
    	
Title:
    	
Director
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Craig Pearson
    
	
 
    	
 
    	
Name:
    	
Craig Pearson
    
	
 
    	
 
    	
Title:
    	
Associate Director
    

 

 

	
 
    	
Gallatin   CLO V 2013-1, Ltd
    
	
 
    	
As Assignee
    
	
 
    	
By: MP Senior Credit Partners L.P.
    
	
 
    	
as its Collateral Manager
    
	
 
    	
 
    
	
 
    	
                                ,
    
	
 
    	
as a Lender
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Jane Lawrence
    
	
 
    	
 
    	
Name:
    	
Jane Lawrence
    
	
 
    	
 
    	
Title:
    	
Principal
    

 

Signature Page to Amendment No. l to Credit Agreement

 

 

	
 
    	
John   Hancock Fund II Floating Rate Income Fund,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Western   Asset Management Company as
    
	
 
    	
Investment   Manager and Agent
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Legg   Mason Western Asset Senior Loans Fund,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Western   Asset Management Company as
    
	
 
    	
Investment   Manager and Agent
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
LMP   Corporate Loan Fund, Inc.,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Western   Asset Management Company as
    
	
 
    	
Investment   Manager and Agent
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Mountain   Hawk I CLO, LTD.,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Western   Asset Management Company as
    
	
 
    	
Investment   Manager and Agent
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Mountain   Hawk II CLO, LTD.,
    
	
 
    	
as a Lender
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Mountain   Hawk III CLO, Ltd.,
    
	
 
    	
as a Lender
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
MultiMix   Wholesale Diversified Fixed Interest Trust,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Western   Asset Management Company as
    
	
 
    	
Investment   Manager and Agent
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Western   Asset Bank Loan (Offshore) Fund,
    
	
 
    	
as a Lender
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Western   Asset Floating Rate High Income Fund,
    
	
 
    	
LLC,
    
	
 
    	
as a Lender
    
	
 
    	
BY: Western   Asset Management Company as
    
	
 
    	
Investment   Manager and Agent
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
Western   Asset U.S. Bank Loan (Offshore) Fund,
    
	
 
    	
as a Lender
    

 

	
 
    	
By:
    	
/s/ Ben Kattan
    
	
 
    	
 
    	
Name: Ben Kattan
    
	
 
    	
 
    	
Title: Security   Operations Specialist
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
 
    
	
 
    	
 
    	
Name:
    
	
 
    	
 
    	
Title:
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

	
 
    	
MIHI   LLC               ,
    
	
 
    	
as a Lender
    

 

	
 
    	
By:
    	
/s/ Ayesha Farooqi
    
	
 
    	
 
    	
Name: Ayesha Farooqi
    
	
 
    	
 
    	
Title: Authorized   Signatory
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
If a second signature   is necessary:
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Caleb Hsieh
    
	
 
    	
 
    	
Name: Caleb Hsieh
    
	
 
    	
 
    	
Title: Authorized   Signatory
    

 

Signature Page to Amendment No. 1 to Credit Agreement

 

 

EXECUTION VERSION

 

AMENDMENT NO. 2 TO CREDIT AGREEMENT

 

THIS AMENDMENT NO. 2 TO CREDIT AGREEMENT, dated as of June 5, 2017 (this “Agreement”), is made by and among World Triathlon Corporation, a Florida corporation (the “Borrower”), World Endurance Holdings, Inc., a Delaware corporation (“Holdings”), the subsidiary guarantors party hereto (the “Subsidiary Guarantors”), the Incremental Term Lenders (as defined below) party hereto, and UBS AG, Stamford Branch, as administrative agent (the “Administrative Agent”). Capitalized terms not otherwise defined herein shall have the meanings set forth in the Credit Agreement referred to below.

 

PRELIMINARY STATEMENTS

 

The Borrower, Holdings, the Lenders and the Administrative Agent have entered into that certain Credit Agreement, dated as of June 26, 2014 (as amended, supplemented or otherwise modified prior to the date hereof, the “Existing Credit Agreement”, and as the same may be further amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”).

 

The Borrower has requested commitments for Incremental Term Loans in an aggregate principal amount of $30,000,000 (the “New Term Loan Commitments”), which will be available on the Effective Date (as defined below), and which New Term Loan Commitments shall constitute commitments in respect of Incremental Term Loans (the “New Term Loans”) under the Credit Agreement.

 

In connection therewith, UBS Securities LLC and UBS AG, Stamford Branch entered into a commitment letter with the Borrower, dated as of May 23, 2017 (the “Commitment Letter”).

 

Each Person party hereto with a New Term Loan Commitment (an “Incremental Term Lender”) party hereto is willing to make the New Term Loans in the amounts set forth opposite such Incremental Term Lender’s name in Schedule 1.01(a) hereof.

 

In consideration of the premises and agreements, provisions and covenants herein contained, the parties hereto hereby covenant and agree as follows:

 

SECTION 1.                            Amendments to Existing Credit Agreement. The Existing Credit Agreement is, as of the Effective Date and subject to the satisfaction of the applicable conditions precedent set forth in Section 3 of this Agreement, hereby amended as follows:

 

(a)                                 Schedule 1.01(a) of the Existing Credit Agreement is amended by adding thereto the New Term Loan Commitments hereunder of the Incremental Term Lenders party hereto as set forth on Schedule 1.01(a) hereto.

 

(b)                                 Upon the funding of the New Term Loans on the Effective Date, the New Term Loans shall automatically and without further action by any Person constitute additional Initial Term Loans (and shall have the same terms as the Initial Term Loans) for all purposes of the Credit Agreement and the other Loan Documents; provided that the Borrower shall use the proceeds of the New Term Loans to (i) repay $15,750,000 in Revolving Loans (“Revolving Loan Repayment”) and (ii) for working capital and general corporate purposes permitted under the Credit Agreement.

 

(c)                                  If the New Term Loans are initially funded as LIBO Rate Loans, on the Effective Date there shall commence an initial Interest Period with respect to the New Term Loans that shall end on

 

 

the last day of the Interest Period applicable to the existing Initial Term Loans as in effect immediately prior to the Effective Date.

 

(d)                                 The scheduled amortization payments in respect of Initial Term Loans under Section 2.10 of the Existing Credit Agreement shall be automatically ratably increased by the aggregate principal amount of the New Term Loans and (ii) the Administrative Agent shall take any and all action as may be reasonably necessary to ensure that the New Term Loans are included in each borrowing and repayment of Initial Term Loans on a pro rata basis. Any remaining outstanding amount of New Term Loans shall be repaid in full on the Initial Term Loan Maturity Date.

 

(e)                                  The New Term Loan Commitments provided for hereunder shall terminate on the Effective Date immediately upon the borrowing of New Term Loans pursuant to Section 2 below.

 

SECTION 2.                            Incremental Term Lenders. Each Incremental Term Lender party hereto hereby acknowledges and agrees that it has a New Term Loan Commitment in the amount set forth opposite such Incremental Term Lender’s name on Schedule 1.01(a) to this Agreement and agrees to severally make to the Borrower, Incremental Term Loans on the Effective Date, in Dollars, in an aggregate amount not in excess of such Incremental Term Lender’s New Term Loan Commitment hereunder. From and after the Effective Date, (a) each Incremental Term Lender party hereto shall be a Term Lender for all purposes under the Credit Agreement and the other Loan Documents and (b) the New Term Loan Commitments of each Incremental Term Lender party hereto shall be a commitment for Initial Term Loans for all purposes under the Credit Agreement and the other Loan Documents.

 

SECTION 3.                            Conditions to Effectiveness. This Agreement shall become effective on the date (the “Effective Date”) when, and only when, each of the applicable conditions set forth below have been satisfied (or waived) in accordance with the terms herein:

 

(a)                                 this Agreement shall have been executed and delivered by the Borrower, Holdings, the Subsidiary Guarantors, the Administrative Agent and Incremental Term Loan Lenders;

 

(b)                                 (i) the representations and warranties of each Loan Party set forth in Article 3 of the Credit Agreement and in each other Loan Document shall be true and correct in all material respects on and as of the Effective Date with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date and (ii) as of the Effective Date, no Event of Default shall exist;

 

(c)                                  The Revolving Loan Repayment shall occur substantially concurrently with the effectiveness of this Amendment;

 

(d)                                 substantially concurrently with the effectiveness of this Agreement, (A) the Administrative Agent shall have received all fees and other amounts due and payable on or prior to the Effective Date under the Credit Agreement or this Agreement, including, to the extent invoiced at least one Business Day prior to the Effective Date, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by the Borrower pursuant to Section 4 of this Agreement, and (B) all fees and other amounts due and payable as of the Effective Date under the Commitment Letter shall have been paid;

 

(e)                                  the Administrative Agent shall have received a (i) a certificate of the Borrower dated as of the Effective Date, which shall (A) certify the resolutions of the board of directors, members or other body authorizing the execution, delivery and performance by each Loan Party of this Agreement,

 

2

 

(B) identify by name and title and bear the signatures of the officers of each Loan Party authorized to sign this Agreement (or certify that the signatures of such officers previously delivered to the Administrative Agent remain true and correct) and (C) contain appropriate attachments, including the Organization Documents of each Loan Party certified, if applicable, by the relevant authority of the jurisdiction of organization of the such Loan Party (or certify that the Organization Documents of such Loan Party previously delivered to the Administrative Agent remain true and correct) and (ii) a good standing certificate (if relevant) as of a recent date for the Borrower and each Guarantor from its jurisdiction of organization;

 

(f)                                   the Administrative Agent shall have received a certificate dated as of the Effective Date and executed by a Responsible Officer of the Borrower as to the matters set forth in Section 3(b) and (c) of this Agreement;

 

(g)                                  the Administrative Agent shall have received three Business Days prior to the Effective Date (or such later date as the Administrative Agent reasonably agrees) all documentation and other information requested by the Incremental Term Lenders five Business Days prior to the Effective Date with respect to the Borrower and the Guarantors under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the USA Patriot Act;

 

(h)                                 the Administrative Agent shall have received a Borrowing Request as required pursuant Section 2.03 of the Existing Credit Agreement;

 

(i)                                     the Administrative Agent shall have received a certificate, in substantially the form delivered to the Administrative Agent on the Closing Date, from the chief financial officer of the Borrower certifying that the Borrower and its Subsidiaries, after giving effect to the effectiveness of this Agreement and the making of the New Term Loans and the Revolving Loan Repayment, in each case, on the Effective Date and the other transactions contemplated hereby, are solvent; and

 

(j)                                    the Administrative Agent shall have received, on behalf of itself, and the Incremental Term Lenders, written opinions of Goodwin Procter LLP and Carlton Fields Jordan Burt, P.A., counsel for the Loan Parties.

 

SECTION 4.                            Expenses. The Borrower hereby reconfirms its obligations pursuant to Section 9.03 of the Credit Agreement to pay all reasonable and documented out-of-pocket expenses incurred by the Administrative Agent in connection with this Agreement subject to the limitations set forth therein.

 

SECTION 5.                            Reaffirmation of the Loan Parties. Each Loan Party hereby consents to the amendment of the Existing Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Agreement, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Existing Credit Agreement, this Agreement or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case as amended by this Agreement. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms that the existing security interests granted by such Loan Party in favor of the Secured Parties pursuant to the Loan Documents in the Collateral described therein shall continue to secure the obligations of the Loan Parties as and to the extent provided in the Loan Documents.

 

SECTION 6.                            FATCA. From and after the Effective Date, the Borrower shall indemnify the Administrative Agent, and hold it harmless from, any and all losses, claims, damages, liabilities and related expenses, including Taxes and the fees, charges and disbursements of any counsel

 

3

 

for any of the foregoing, arising in connection with the Administrative Agent’s treating, for purposes of determining withholding Taxes imposed under FATCA, the Credit Agreement as qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).”

 

SECTION 7.                            Amendment, Modification and Waiver. This Agreement may not be amended, modified or waived except in accordance with Section 9.02 of the Credit Agreement.

 

SECTION 8.                            Entire Agreement. This Agreement, the Credit Agreement, and the other Loan Documents constitute the entire agreement among the parties hereto with respect to the subject matter hereof and thereof and supersede all other prior agreements and understandings, both written and verbal, among the parties hereto with respect to the subject matter hereof. Except as expressly set forth herein, this Agreement shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of any party under, the Existing Credit Agreement, nor alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Existing Credit Agreement, all of which are ratified and affirmed in all respects and shall continue in full force and effect. It is understood and agreed that each reference in each Loan Document to the Credit Agreement, whether direct or indirect, shall hereafter be deemed to be a reference to the Existing Credit Agreement as amended hereby and that this Agreement is a Loan Document. This Agreement shall not constitute a novation of any amount owing under the Existing Credit Agreement and all amounts owing in respect of principal, interest, fees and other amounts pursuant to the Existing Credit Agreement and the other Loan Documents shall, to the extent not paid or exchanged on or prior to the Effective Date, shall continue to be owing under the Credit Agreement or such other Loan Documents until paid in accordance therewith.

 

SECTION 9.                            GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. SECTION 9.10 AND 9.11 OF THE EXISTING CREDIT AGREEMENT ARE HEREBY INCORPORATED BY REFERENCE INTO THIS AGREEMENT MUTATIS MUTANDIS AND SHALL APPLY HERETO.

 

SECTION 10.                     Severability. To the extent permitted by law, any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions thereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.

 

SECTION 11.                     Counterparts. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile transmission or other customary means of electronic transmission (e.g., “pdf”) shall be as effective as delivery of a manually signed counterpart of this Agreement.

 

[Remainder of Page Intentionally Blank]

 

4

 

IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized officer to execute and deliver this Agreement as of the date first written above.

 

	
 
    	
WORLD TRIATHLON CORPORATION,   as Borrower
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Andrew Messick
    
	
 
    	
 
    	
Name: Andrew Messick
    
	
 
    	
 
    	
Title: Chief Executive   Officer and President
    
	
 
    	
 
    	
 
    
	
 
    	
WORLD ENDURANCE   HOLDINGS, INC, as
    
	
 
    	
Holdings
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Andrew Messick
    
	
 
    	
 
    	
Name: Andrew Messick
    
	
 
    	
 
    	
Title: Chief Executive Officer   and President
    

 

[Amendment No. 2]

 

 

	
 
    	
UBS AG. Stamford   Branch,
    
	
 
    	
as Administrative Agent
    

 

	
 
    	
By
    	
/s/ Houssem Daly
    
	
 
    	
 
    	
Name: Houssem Daly
    
	
 
    	
 
    	
Title: Associate   Director
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Darlene Arias
    
	
 
    	
 
    	
Name: Darlene Arias
    
	
 
    	
 
    	
Title: Director
    

 

 

	
 
    	
UBS AG, Stamford   Branch,
    
	
 
    	
as Incremental Term   Loan Lender
    

 

	
 
    	
By
    	
/s/ Houssem Daly
    
	
 
    	
 
    	
Name: Houssem Daly
    
	
 
    	
 
    	
Title: Associate   Director
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Darlene Arias
    
	
 
    	
 
    	
Name: Darlene Arias
    
	
 
    	
 
    	
Title: Director
    

 

 

	
ACKNOWLEDGED AND AGREED:
    	
 
    
	
 
    	
 
    
	
IRONMAN   HOLDINGS I LLC, as Subsidiary Guarantor
    	
 
    
	
 
    
	
By:
    	
/s/   Andrew Messick
    	
 
    
	
Name:
    	
Name:   Andrew Messick
    
	
Title:
    	
Title:   Chief Executive Officer and President
    
	
 
    
	
IRONMAN   MARYLAND EVENTS, LLC, as Subsidiary
    	
 
    
	
Guarantor
    	
 
    
	
 
    	
 
    
	
By:   WORLD TRIATHLON CORPORATION, its sole member
    	
 
    
	
 
    	
 
    
	
 
    
	
By:
    	
/s/   Andrew Messick
    	
 
    
	
Name:
    	
Name:   Andrew Messick
    
	
Title:
    	
Title:   Chief Executive Officer and President
    
				

 

[Amendment No. 2]

 

 

Schedule 1.01(a)

 

New Term Loan Commitment

 

	
Lender
    	
 
    	
New Term Loan Commitment
    	
 
    	
Pro Rata Share
    	
 
    
	
UBS AG, Stamford Branch
    	
 
    	
$
    	
30,000,000
    	
 
    	
100
    	
%
    
	
Total
    	
 
    	
$
    	
30,000,000
    	
 
    	
100
    	
%
    

 

 

Execution Version

 

THIRD AMENDMENT TO CREDIT AGREEMENT

 

THIS THIRD AMENDMENT TO CREDIT AGREEMENT, dated as of January 18, 2019 (this “Agreement”), is made by and among World Triathlon Corporation, a Florida corporation (the “Borrower”), World Endurance Holdings, Inc., a Delaware corporation (“Holdings”), the subsidiary guarantors party hereto (the “Subsidiary Guarantors”), the Revolving Lenders party hereto, the Swingline Lender, the Issuing Bank and UBS AG, Stamford Branch, as administrative agent (the “Administrative Agent”). Capitalized terms not otherwise defined herein shall have the meanings set forth in the Credit Agreement referred to below.

 

PRELIMINARY STATEMENTS

 

The Borrower, Holdings, the Lenders, the Swingline Lender, the Issuing Bank and the Administrative Agent have entered into that certain Credit Agreement, dated as of June 26, 2014 (as amended by (x) Amendment No. 1 to Credit Agreement dated as of November 18, 2015, (y) Amendment No. 2 to Credit Agreement dated as of June 5, 2017 and (z) as further amended, supplemented, amended and restated or otherwise modified from time to time prior to the date hereof, the “Credit Agreement”).

 

The Borrower has requested to extend the maturity and termination date of the Revolving Credit Commitments existing on the Effective Date.

 

Subject to the terms and conditions of the Credit Agreement, including Section 2.23 thereof, the Borrower may make an Extension Offer to extend the Revolving Credit Maturity Date and establish Extended Revolving Credit Commitments and Extended Revolving Loans by entering into an Extension.

 

Subject to the terms and conditions of this Agreement, the undersigned Revolving Lenders constituting all of the Revolving Lenders as of the date hereof, the Swingline Lender and the Issuing Bank have agreed to extend the Revolving Credit Maturity Date and establish Extended Revolving Credit Commitments and Extended Revolving Loans pursuant to this Agreement.

 

Section 9.02(d) and Section 2.23 of the Credit Agreement provide that the Credit Agreement and the other Loan Documents may be amended to effect an Extension for certain purposes.

 

In consideration of the premises and agreements, provisions and covenants herein contained, the parties hereto hereby covenant and agree as follows:

 

SECTION 1.         Amendment to Credit Agreement. The Credit Agreement is, as of the Effective Date and subject to the satisfaction of the applicable conditions precedent set forth in Section 3 of this Agreement, hereby amended as follows:

 

(a)           Section 1.01 of the Credit Agreement is hereby amended by inserting the following new definitions in their correct alphabetical order:

 

“Second Amendment” means Amendment No. 2 to this Agreement, dated as of June 5, 2017, among each Loan Party, the Lenders party thereto and the Administrative Agent.

 

“Third Amendment” means Third Amendment to this Agreement, dated as of January 18, 2019 among each Loan Party, the Revolving Lenders party thereto and the Administrative Agent.

 

 

(b)           Section 1.01 of the Credit Agreement is hereby amended by amending and restating in its entirety the definition of “Revolving Credit Maturity Date” to read as follows:

 

“Revolving Credit Maturity Date” shall mean the date that is the earliest of (i) March 25, 2021, (ii) 90 days prior to the Initial Term Loan Maturity Date and (iii) 90 days prior to the stated maturity date of any Additional Term Loan.

 

(c)           Section 9.01(a)(i) of the Credit Agreement is amended by adding the following at the end thereof:

 

“with a copy to (which shall not constitute notice to any Loan Party):

 

Greenberg Traurig, P.A.

333 Southeast 2nd Avenue, Suite 4400

Miami, FL 33131

Telephone: (305) 579-0626

Facsimile: (305) 579-0717

Attention: Carl Fornaris”

 

(d)           Section 9.01(a)(ii) of the Credit Agreement is amended by replacing the following as counsel to the Administrative Agent:

 

Kramer Levin Naftalis & Frankel LLP

1177 Avenue of the Americas

New York, NY 10036

Telephone: +1(212)715-9484

Facsimile: +1(212)715-8000

Attention: Richard Farley

 

SECTION 2.         Conditions to Effectiveness. This Agreement shall become effective on the date (the “Effective Date”) when, and only when, each of the applicable conditions set forth below have been satisfied (or waived) in accordance with the terms herein:

 

(a)           this Agreement shall have been executed and delivered by the Borrower, Holdings, the Subsidiary Guarantors, the Administrative Agent, Revolving Lenders signatory hereto, the Swingline Lender and the Issuing Bank;

 

(b)           the Administrative Agent shall have received a certificate dated as of the Effective Date and executed by a Responsible Officer of the Borrower certifying that (i) the representations and warranties of each Loan Party set forth in Article 3 of the Credit Agreement and in each other Loan Document shall be true and correct in all material respects on and as of the Effective Date with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date, and (ii) as of the Effective Date, no Event of Default shall exist;

 

(c)           substantially concurrently with the effectiveness of this Agreement, the Administrative Agent shall have received all fees and other amounts due and payable on or prior to the Effective Date under the Credit Agreement or this Agreement, including, to the extent invoiced at least one Business Day prior to the Effective Date, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by the Borrower pursuant to Section 3 of this Agreement;

 

2

 

(d)           the Administrative Agent shall have received a (i) a certificate of the Borrower dated as of the Effective Date, which shall (A) certify the resolutions of the board of directors, members or other body authorizing the execution, delivery and performance by each Loan Party of this Agreement, (B) identify by name and title and bear the signatures of the officers of each Loan Party authorized to sign this Agreement (or certify that the signatures of such officers previously delivered to the Administrative Agent remain true and correct) and (C) contain appropriate attachments, including the Organizational Documents of each Loan Party certified, if applicable, by the relevant authority of the jurisdiction of organization of the such Loan Party (or certify that the Organizational Documents of such Loan Party previously delivered to the Administrative Agent remain true and correct) and (ii) a good standing certificate (if relevant) as of a recent date for the Borrower and each Guarantor from its jurisdiction of organization;

 

(e)           the Administrative Agent shall have received three Business Days prior to the Effective Date (or such later date as the Administrative Agent reasonably agrees) a certification of beneficial ownership of the Borrower required under 31 C.F.R. § 1010.230;

 

(f)            the Administrative Agent shall have received a certificate, in substantially the form delivered to the Administrative Agent on the Closing Date, from the chief financial officer of the Borrower certifying that the Borrower and its Subsidiaries, after giving effect to the effectiveness of this Agreement on the Effective Date and the other transactions contemplated hereby, are solvent;

 

(g)           the Administrative Agent shall have received, on behalf of itself, and the Lenders, written opinions of Greenberg Traurig, LLP, Greenberg Traurig, P.A. and Venable LLP as counsel for the Loan Parties; and

 

(h)           each Revolving Lender shall have received a consent fee, in cash, for its own account equal to 0.50% of its Revolving Credit Commitment.

 

SECTION 3.         Expenses. The Borrower hereby reconfirms its obligations pursuant to Section 9.03 of the Credit Agreement to pay all reasonable and documented out-of-pocket expenses incurred by the Administrative Agent in connection with this Agreement subject to the limitations set forth therein.

 

SECTION 4.         Condition Subsequent. On or before January 30, 2019 (or such other date that the Administrative Agent may agree, in writing, in its sole discretion), the Borrower and the other Loan Parties shall have complied with Section 5.15 with respect to each of the following entities and each of the following entities shall have joined the Loan Documents as Loan Parties: Competitor Group Holdings, Inc., Competitor Group, Inc. and Competitor Group Events, Inc. For the avoidance of doubt, failure to comply with the foregoing condition would be an immediate Event of Default under the Credit Agreement and the other Loan Documents.

 

SECTION 5.         Reaffirmation of the Loan Parties. Each Loan Party hereby consents to the amendment of the Credit Agreement effected hereby and confirms and agrees that, notwithstanding the effectiveness of this Agreement, each Loan Document to which such Loan Party is a party is, and the obligations of such Loan Party contained in the Credit Agreement, this Agreement or in any other Loan Document to which it is a party are, and shall continue to be, in full force and effect and are hereby ratified and confirmed in all respects, in each case as amended by this Agreement. For greater certainty and without limiting the foregoing, each Loan Party hereby confirms that the existing security interests granted by such Loan Party in favor of the Secured Parties pursuant to the Loan Documents in the Collateral described therein shall continue to secure the obligations of the Loan Parties as and to the extent provided in the Loan Documents.

 

3

 

SECTION 6.         FATCA. The Borrower reaffirms its obligation to indemnify the Administrative Agent, and hold it harmless from, any and all losses, claims, damages, liabilities and related expenses, including Taxes and the fees, charges and disbursements of any counsel for any of the foregoing, arising in connection with the Administrative Agent’s treating, for purposes of determining withholding Taxes imposed under FATCA, the Credit Agreement as qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

 

SECTION 7.         Amendment, Modification and Waiver. This Agreement may not be amended, modified or waived except in accordance with Section 9.02 of the Credit Agreement.

 

SECTION 8.         Entire Agreement. This Agreement, the Credit Agreement, and the other Loan Documents constitute the entire agreement among the parties hereto with respect to the subject matter hereof and thereof and supersede all other prior agreements and understandings, both written and verbal, among the parties hereto with respect to the subject matter hereof. Except as expressly set forth herein, this Agreement shall not by implication or otherwise limit, impair, constitute a waiver of, or otherwise affect the rights and remedies of any party under, the Credit Agreement, nor alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement, all of which are ratified and affirmed in all respects and shall continue in full force and effect. It is understood and agreed that each reference in each Loan Document to the Credit Agreement, whether direct or indirect, shall hereafter be deemed to be a reference to the Credit Agreement as amended hereby and that this Agreement is a Loan Document. This Agreement shall not constitute a novation of any amount owing under the Credit Agreement and all amounts owing in respect of principal, interest, fees and other amounts pursuant to the Credit Agreement and the other Loan Documents shall, to the extent not paid or exchanged on or prior to the Effective Date, shall continue to be owing under the Credit Agreement or such other Loan Documents until paid in accordance therewith.

 

SECTION 9.         GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. SECTION 9.10 AND 9.11 OF THE CREDIT AGREEMENT ARE HEREBY INCORPORATED BY REFERENCE INTO THIS AGREEMENT MUTATIS MUTANDIS AND SHALL APPLY HERETO.

 

SECTION 10.       Severability. To the extent permitted by law, any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions thereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction.

 

SECTION 11.       Counterparts. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile transmission or other customary means of electronic transmission (e.g., “pdf”) shall be as effective as delivery of a manually signed counterpart of this Agreement.

 

[Remainder of Page Intentionally Blank]

 

4

 

IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized officer to execute and deliver this Agreement as of the date first written above

 

	
 
    	
WORLD TRIATHLON   CORPORATION, as Borrower
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Andrew Messick
    
	
 
    	
 
    	
Name: Andrew Messick
    
	
 
    	
 
    	
Title: Chief Executive   Officer and President
    
	
 
    	
 
    	
 
    
	
 
    	
WORLD ENDURANCE   HOLDINGS, INC, as Holdings
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Andrew Messick
    
	
 
    	
 
    	
Name: Andrew Messick
    
	
 
    	
 
    	
Title: Chief Executive   Officer and President
    
	
 
    	
 
    	
 
    
	
 
    	
IMU HOLDINGS, LLC, as   Subsidiary Guarantor
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By: World Triathlon   Corporation, its Sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Andrew Messick
    
	
 
    	
Name:
    	
Andrew Messick
    
	
 
    	
Title:
    	
Chief Executive Officer   and President
    
	
 
    	
 
    	
 
    
	
 
    	
CHESAPEAKE BAY BRIDGE   RUN, LLC, as Subsidiary
    
	
 
    	
Guarantor
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By: World Triathlon   Corporation, its Sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Andrew Messick
    
	
 
    	
Name:
    	
Andrew Messick
    
	
 
    	
Title:
    	
Chief Executive Officer   and President
    

 

[Signature Page — Third Amendment]

 

 

	
 
    	
IRONMAN HOLDINGS I LLC,   as Subsidiary Guarantor
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
By: World Triathlon   Corporation its Sole Member
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Andrew Messick
    
	
 
    	
Name:
    	
Andrew Messick
    
	
 
    	
Title:
    	
Chief Executive Officer   and President
    
	
 
    	
 
    	
 
    
	
 
    	
COMPETITOR GROUP   HOLDINGS, INC, as Subsidiary
    
	
 
    	
Guarantor
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Andrew Messick
    
	
 
    	
Name:
    	
Andrew Messick
    
	
 
    	
Title:
    	
Chief Executive Officer   and President
    
	
 
    	
 
    	
 
    
	
 
    	
COMPETITOR   GROUP, INC., as Subsidiary Guarantor
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Andrew Messick
    
	
 
    	
Name:
    	
Andrew Messick
    
	
 
    	
Title:
    	
Chief Executive Officer   and President
    
	
 
    	
 
    	
 
    
	
 
    	
COMPETITOR GROUP   EVENTS, INC., as Subsidiary
    
	
 
    	
Guarantor
    
	
 
    	
 
    	
 
    
	
 
    	
By:
    	
/s/ Andrew Messick
    
	
 
    	
Name:
    	
Andrew Messick
    
	
 
    	
Title:
    	
Chief Executive Officer   and President
    

 

[Signature Page — Third Amendment]

 

 

	
 
    	
UBS AG, Stamford   Branch,
    
	
 
    	
as Administrative Agent
    

 

	
 
    	
By
    	
/s/ Kenneth Chin
    
	
 
    	
 
    	
Name: 
    	
Kenneth Chin
    
	
 
    	
 
    	
Title: 
    	
Director
    
	
 
    	
 
    	
 
    	
Banking Products   Services, US
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Darlene Arias
    
	
 
    	
 
    	
Name: 
    	
Darlene Arias
    
	
 
    	
 
    	
Title: 
    	
Director
    

 

[Signature Page to Third Amendment]

 

 

	
 
    	
UBS AG, Stamford   Branch,
    
	
 
    	
as Revolving   Lender, Issuing Bank and Swingline Lender
    

 

	
 
    	
By
    	
/s/ Kenneth Chin
    
	
 
    	
 
    	
Name: 
    	
Kenneth Chin
    
	
 
    	
 
    	
Title: 
    	
Director
    
	
 
    	
 
    	
 
    	
Banking Products   Services, US
    
	
 
    	
 
    	
 
    
	
 
    	
By
    	
/s/ Darlene Arias
    
	
 
    	
 
    	
Name: 
    	
Darlene Arias
    
	
 
    	
 
    	
Title: 
    	
Director
    

 

[Signature Page to Third Amendment]Exhibit 10.14

 

THIS COOPERATION AGREEMENT (this “Agreement”) is entered into on May 14, 2019

 

BY AND AMONG:

 

A.                                    Dalian Wanda Group Co., Ltd. (大连万达集团股份有限公司), a company limited by shares incorporated under the laws of the PRC with its registered office at 539 Changjiang Road, Xigang District, Dalian, Liaoning Province (“Party A”);

 

B.                                    Wanda Culture Holding Co. Limited (萬達文化控股有限公司), a limited liability company incorporated under the laws of Hong Kong with its registered office at Unit 606, 6/F, Alliance Building, 133 Connaught Road, Central, Hong Kong (“Party B”); and

 

C.                                    Wanda Sports Group Company Limited (萬達體育集團有限公司), a limited liability company incorporated under the laws of Hong Kong with its registered office at Room 1903, 19/F, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong (“Party C”).

 

The above parties are hereinafter referred to as the “Parties” and each a “Party”.

 

WHEREAS:

 

1.                                      As of the date of this Agreement, Party A is the controlling shareholder of Party B and Party C, and Party B is the controlling shareholder of Party C.

 

2.                                      Party C and other Party C Group Members (as defined below), for business purposes, intend Party A Group (as defined below) to provide or continue to provide certain support services.  Party A Group is willing to provide or continue to provide such support services to Party C Group (as defined below).

 

3.                                      Party A and other Party A Group Members (as defined below) intend Party C Group to provide or continue to provide consulting services or other services in relation to sports sponsorship.  Party C Group is willing to provide or continue to provide such services to Party A Group.

 

4.                                      Party C and other Party C Group Members, for business purposes, intend Party A Group to grant to Party C or other Party C Group Members (as the case may be) the rights to use certain trademarks of Party A Group free of charge.  Party A Group is willing to grant to Party C or other Party C Group Members (as the case may be) such rights. In addition, Party A Group confirms that Party C or other Party C Group Members (as the case may be) may use “万达” and “Wanda” in their company names free of charge.

 

5.                                      Party C and other Party C Group Members intend Party B to transfer to them, without consideration, Party B’s certain rights and obligations under the Multi-Sponsorship, Series Expansion & Future Membership Agreement (“WMM Agreement”) entered into between Party B and Abbott World Marathon Majors (“WMM”) on April 26, 2017, and Party C or other Party C Group Members (as the case may be) agrees to accept such rights and assume obligations associated therewith.  Party B is willing to transfer such rights and obligations without consideration to Party C or other Party C Group Members (as the case may be).

 

 

6.                                      Party C and other Party C Group Members intend Party A to transfer to them, without consideration, Party A’s rights under the Cooperation Agreement on Co-Hosting the Road Cycling World Tour (《共同举办公路自行车世界巡回赛合作协议》) and the Cooperation Agreement on Co-Hosting the Women’s Road Cycling World Tour and the UCI World Cycling Annual Awards (《共同举办女子公路自行车世界巡回赛和UCI世界自行车运动年度颁奖盛典合作协议》) entered into between Party A and the People’s Government of the Guangxi Zhuang Autonomous Region on May 20, 2016 and December 1, 2016, respectively (collectively, the “Guangxi UCI Agreement”), and Party C or other Party C Group Members (as the case may be) agrees to assume obligations under the Guangxi UCI Agreement.  Party A is willing to transfer such rights without consideration to Party C or other Party C Group Members (as the case may be).

 

7.                                      The Parties intend to enter into this Agreement to set forth the terms and conditions of relevant transactions among the Parties and their Group Members (as the case may be).

 

AGREEMENT:

 

1.                                      Definitions and Interpretation

 

1.1                               In this Agreement, unless the context otherwise requires, the following words and expressions have the following meanings:

 

	
“Party C Group”
    	
 
    	
means Party C and its Subsidiaries, each a “Party   C Group Member”. Party C Group Members include but without limitation any   Subsidiaries Controlled by Party C through contractual arrangement, i.e.   Wanda Sports Holding Co., Ltd.,   (万达体育有限公司) and its   Subsidiaries.
    
	
 
    	
 
    	
 
    
	
“Control”
    	
 
    	
means the possession, directly or indirectly, of the   power to direct or cause the direction of the management and policies of a   person, whether through the ownership of voting securities, by contract or   otherwise, and includes (x) ownership directly or indirectly of 50% or   more of the shares in issue or other equity interests of such person,   (y) possession directly or indirectly of 50% or more of the voting power   of such Person or (z) the power directly or indirectly to appoint a   majority of the members of the board of directors or similar governing body   of such person, and the terms “Controlling” and “Controlled”   have meanings correlative to the foregoing.
    
	
 
    	
 
    	
 
    
	
“Party A Group”
    	
 
    	
means Party A and its Subsidiaries (other than Party   C Group Members), each a “Party A Group Member”.
    

 

 

	
“Group Member”
    	
 
    	
means Party A Group Member or Party C Group Member   (as the case may be).
    
	
 
    	
 
    	
 
    
	
“Person”
    	
 
    	
means any individual or entity, including   corporation, limited liability company, general or limited partnership,   trust, association, other commercial or investment entity, and any   governmental agency.
    
	
 
    	
 
    	
 
    
	
“Hong Kong”
    	
 
    	
means the Hong Kong Special Administrative Region of   the PRC.
    
	
 
    	
 
    	
 
    
	
“PRC”
    	
 
    	
means the People’s Republic of China, excluding for   purposes of this Agreement, Hong Kong, Taiwan and the Macau Special   Administrative Region.
    
	
 
    	
 
    	
 
    
	
“Subsidiary”
    	
 
    	
of any specific Person means any other Person   directly or indirectly Controlled by such specific Person.
    

 

1.2                               In this Agreement, unless expressly stated to the contrary:

 

(a)                                 references to a Party include such Party’s successors;

 

(b)                                 references to sections and schedules are to the sections and schedules of this Agreement;

 

(c)                                  references to this Agreements include this Agreement as renewed, amended, changed or supplemented from time to time; and

 

(d)                                 headings are included for convenience only and do not affect the interpretation of this Agreement.

 

2.                                      Support Services

 

2.1                               Relevant Parties agree that, in order to meet the operational needs of Party C Group, Party A shall provide or cause other relevant Party A Group Members (as the case may be) to provide Party C or other Party C Group Members (as the case may be) with the following services as requested from time to time:

 

(a)                                 administrative support services, including but not limited to secretarial, conferencing and other daily office support services;

 

(b)                                 legal support services, including but not limited to contract management, risk control, compliance and other legal services;

 

(c)                                  technical support services, including but not limited to network design, optimization and maintenance, system support and upgrade, information management and support services;

 

(d)                                 provision of office space and facilities; and

 

(e)                                  other services agreed by Party A and Party C from time to time

 

(collectively, “Support Services”).

 

 

2.2                               Party A shall use commercially reasonable efforts to provide or cause relevant Party A Group Members to provide Party C or other Party C Group Members (as the case may be) with such services set forth in Section 2.1 in a manner essentially similar in nature, quality and timing to the manner in which Party A Group provides such services before the execution of this Agreement, or in such other manners and under such other conditions as agreed by Party A and Party C from time to time.

 

2.3                               The fees and costs for Support Services shall be shared by Party C or other Party C Group Members (as the case may be) based on actual costs and in accordance with the cost-sharing policies of Party A Group.

 

3.                                      Sponsorship-Related Consulting Services

 

3.1                               Relevant Parties agree that Party C shall provide or cause other relevant Party C Group Members (as the case may be) to provide Party A or other Party A Group Members (as the case may be) with the following services as requested from time to time:

 

(a)                                 consulting services, including but not limited to consulting and other services relating to sponsorship of sports events and activities; and

 

(b)                                 other services to be provided by Party C or other Party C Group Members (as the case may be) in the ordinary course of business as agreed by Party A and Party C from time to time

 

(collectively, the “Consulting Services”).

 

3.2                               Party C shall use its commercially reasonable efforts to provide or otherwise cause relevant Party C Group Members to provide Party A or other Party A Group Members (as the case may be) with the services set forth in Section 3.1 above in such manner and under such conditions as agreed by Party A and Party C from time to time.

 

4.                                      License to Use Trademarks and Tradenames

 

4.1                               Party A agrees that as long as Party A directly or indirectly holds more than 50% of the voting rights of Party C, it shall, on behalf of itself and other Party A Group Members, irrevocably grant a royalty-free license to Party C or other Party C Group Members (as the case may be) to use “万达体育”, “Wanda Sports”, “万达”, “Wanda” and “” , regardless of whether the aforementioned trademarks are to be registered or not, that are owned by Party A Group and used by Party C Group in its business as set forth in Schedule 1 hereto (the “Licensed Trademarks”) and Schedule 2 hereto (the “Applied-for Trademarks”), for business purposes of Party C Group.

 

4.2                               If Party C Group in the future intends to use any other trademarks, as reasonably required by its business development, that are owned by Party A Group but not set forth in Section 4.1 above, Party C or other Party C Group Members (as the case may be) shall make applications to Party A Group and upon Party A Group’s written approval,  be entitled to use such trademarks free of charge as agreed in accordance with this Agreement for business purposes of Party C Group.

 

 

4.3                               Party A also agrees that as long as Party A directly or indirectly holds more than 50% of the voting rights of Party C, Party C or other Party C Group Members (as the case may be) may use “万达” and “Wanda” in their company names free of charge.

 

4.4                               For the avoidance of doubt, if Party A directly or indirectly holds 50% or less of the voting rights of Party C, Party A shall have the right to unconditionally terminate the license to use the trademarks and tradenames set forth in this Section.

 

5.                                      Assignment of Certain Rights and Obligations Associated Therewith under the WMM Agreement

 

5.1                               As agreed under Section (h)(ii) of Schedule 5 to the WMM Agreement, Party B shall assign to Party C or other Party C Group Members (as the case may be), without consideration, the following rights and obligations associated therewith under the WMM Agreement:

 

(a)                                 the right to plan and organize age-group marathons under Section 5 of the WMM Agreement and the obligations associated therewith;

 

(b)                                 the rights to three additional WMM series marathons under Section 8 of the WMM Agreement and the obligations associated therewith; and

 

(c)                                  the right to become a WMM member under Section 11 of the WMM Agreement and the obligations associated therewith

 

(collectively, the “Assigned Rights”).

 

5.2                               Upon completion of the Assignment, Party B shall cease to own the Assigned Rights under the WMM Agreement.  Party C Group shall agree to accept the Assigned Rights and assume obligations associated with the Assigned Rights; provided that as agreed under Section (h)(ii) of Schedule 5 to the WMM Agreement, Party B shall remain primarily liable for the performance of such obligations.

 

6.                                      Assignment of the Guangxi UCI Agreement

 

6.1                               In accordance with the relevant provisions agreed under the Guangxi UCI Agreement, Party A shall assign to Party C or other Party C Group Members (as the case may be), without consideration, its rights under the Guangxi UCI Agreement and obligations associated therewith.  Upon completion of the above assignment, Party A shall cease to own any right an obligations thereunder.  Party C or other Party C Group Members shall agree to accept Party A’s rights under the Guangxi UCI Agreement and assume Party A’s obligations thereunder; provided that Party A shall remain liable for the performance of such obligations.

 

6.2                               Party A shall use its best reasonable efforts to cause Party C or other Party C Group Members (as the case may be) to become the assignee of Party A’s rights and interests under the Guangxi UCI Agreement jointly approved by Party A and the People’s Government of the Guangxi Zhuang Autonomous Region and complete the relevant assignment as agreed under Section 6.1.

 

7.                                      Representations, Warranties and Undertakings of the Parties

 

7.1                               A Party to this Agreement represents and warrants to the other Parties as follows:

 

 

(a)                                 it has the adequate and lawful powers and authorizations to enter into this Agreement and perform obligations hereunder and has obtained all necessary approvals in connection herewith;

 

(b)                                 this Agreement constitutes a legal, valid and binding obligation of the Party, enforceable under the provisions of this Agreement; and

 

(c)                                  there are no disputes (including litigations, arbitrations or administrative proceedings) which have occurred or are occurring or threatening against the Party or assets under this Agreement and may have a material adverse effect on the ability of each Party to enter into this Agreement and complete or perform the obligations under this Agreement.

 

8.                                      Term and Termination

 

8.1                               This Agreement shall become effective upon execution by the Parties unless it is terminated early in accordance with Section 8.2.

 

8.2                               This Agreement shall be terminated early upon occurrence of any of the following events:

 

(a)                                 upon early termination agreed by the Parties in writing; and

 

(b)                                 if a Party commits a material breach of any provision of this Agreement and fails to remediate such breach (provided that the breach is remediable) within the reasonable period specified in a written notice of default delivered by either of the non-defaulting Parties, either of the non-defaulting Party may terminate this Agreement.

 

8.3                               Unless it is otherwise agreed by the Parties, the termination of this Agreement shall be without prejudice to the rights of any Party against any other Party for a breach of this Agreement prior to its termination.

 

9.                                      Miscellaneous

 

9.1                               Unless it is otherwise expressly provided herein, without a written consent of the Parties, no Party may transfer its rights or obligations under this Agreement.

 

9.2                               Unless it is otherwise expressly provided herein, if the Parties and their Group Members (as the case may be) enter into a specific agreement in respect of the provision of the Support Services and the Consulting Services or granting license to use the trademarks agreed hereunder and if the provisions of the specific agreement do not conform to this Agreement, the provisions of the specific agreement shall prevail.

 

9.3                               If any or some of the terms and conditions of this Agreement shall become illegal, invalid or unenforceable at any time, the remaining terms of this Agreement shall not be affected unless this Agreement becomes invalid or unenforceable in its entirety.

 

9.4                               This Agreement shall be executed in three copies.  Each of the Parties shall hold one copy and all copies shall have the same legal effect.

 

 

10.                               Governing Law and Dispute Resolution

 

10.1                        This Agreement shall be governed by and construed in accordance with PRC laws.

 

10.2                        Any dispute arising out of or relating to this Agreement shall be submitted to the China International Economic and Trade Arbitration Commission for arbitration in accordance with its rules of arbitration effective at the time of arbitration.  The place of arbitration shall be in Beijing.  The arbitration award shall be final and binding on the Parties.

 

(The remainder of this page is intentionally left blank.)

 

 

IN WITNESS THEREOF, the Parties have executed this Agreement as of the date first above written.

 

	
DALIAN WANDA GROUP CO., LTD. 大连万达集团股份有限公司 (Company   Seal)
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
/s/ Seal
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
WANDA CULTURE HOLDING CO.   LIMITED 萬達文化控股有限公司
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
/s/ Zhang Lin
    	
 
    
	
By: Zhang Lin
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
WANDA SPORTS GROUP   COMPANY LIMITED 萬達體育集團有限公司
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
/s/ Zhang Lin
    	
 
    
	
By: Zhang Lin
    	
 
    
				

 

 

Schedule 1

 

Licensed Trademarks

 

 

Schedule 2

 

Applied-for Trademarks

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00296-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00296-of-00352.parquet"}]]