Document:

EX-4.3

 Exhibit 4.3 

INTERCREDITOR AGREEMENT 
 among

 ALLIANCE ONE INTERNATIONAL, INC., 

the other Grantors party hereto, 

DEUTSCHE BANK TRUST COMPANY AMERICAS, 

as Senior Representative for the Credit Agreement Secured Parties, 

LAW DEBENTURE TRUST COMPANY OF NEW YORK, 

as the Initial Second Priority Representative 

and 
 each additional
Representative from time to time party hereto 
 dated as of August 1, 2013 

 INTERCREDITOR AGREEMENT dated as of August 1, 2013 (as amended, restated, amended and
restated, supplemented or otherwise modified from time to time, this “Agreement”), among ALLIANCE ONE INTERNATIONAL, INC., a Virginia corporation (the “Company”), the other Grantors (as defined below) from time to
time party hereto, DEUTSCHE BANK TRUST COMPANY AMERICAS (“Deutsche Bank”), as Representative for the Credit Agreement Secured Parties (as defined below) (in such capacity and together with its successors and assigns, the
“Administrative Agent”), LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Representative for the Initial Second Priority Debt Parties (in such capacity and together with its successors and assigns in such capacity, the “Initial
Second Priority Representative”), and each additional Second Priority Representative and Senior Representative that from time to time becomes a party hereto pursuant to Section 8.09. 

In consideration of the mutual agreements herein contained and other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Administrative Agent (for itself and on behalf of the Credit Agreement Secured Parties), the Initial Second Priority Representative (for itself and on behalf of the Initial Second Priority Debt Parties) and each additional
Senior Representative (for itself and on behalf of the Additional Senior Debt Parties under the applicable Additional Senior Debt Facility) and each additional Second Priority Representative (for itself and on behalf of the Second Priority Debt
Parties under the applicable Second Priority Debt Facility) agree as follows: 
 ARTICLE I 

Definitions 
 SECTION
1.01. Certain Defined Terms. Capitalized terms used but not otherwise defined herein have the meanings set forth in the Credit Agreement or, if defined in the New York UCC, the meanings specified therein. As used in this Agreement, the
following terms have the meanings specified below: 
 “Additional Senior Debt” means any Indebtedness that is issued or
guaranteed by the Company and/or other Grantor (other than Indebtedness constituting Credit Agreement Obligations or any Additional Senior Debt Obligations with respect to any other series, issue or class of Additional Senior Debt then outstanding)
which Indebtedness and guarantees thereof are secured by the Senior Collateral (or a portion thereof) on a pari passu basis (but without regard to control of remedies) with the Credit Agreement Obligations; provided,
however, that (i) such Indebtedness is permitted to be incurred, secured and guaranteed on such basis by each Senior Debt Document and each Second Priority Debt Document and (ii) (A) the Representative for the holders of such
Indebtedness shall have become party to this Agreement pursuant to, and by satisfying the conditions set forth in, Section 8.09 hereof and (B) if such Indebtedness will be the initial Additional Senior Debt incurred by any Grantor, then
the Grantors, the Administrative Agent and the Representative for such Indebtedness shall have executed and delivered the First Lien Intercreditor Agreement. For the avoidance of doubt, Additional Senior Debt may include any Public Debt and
guarantees thereof by the Grantors. Any Additional Senior Debt Parties, the other Senior Secured Parties and the Second Priority Debt Parties shall be entitled to rely conclusively on the determination of the Company that such Additional Senior Debt
has been incurred or effected in compliance with clauses (i) and (ii) above (irrespective of whether or not 

 
there is such compliance) if the Company shall have delivered to each Representative at such time an Officer’s Certificate in accordance with Section 8.09(ii) on or about the date of
effectiveness of such Additional Senior Debt; provided, however, that such determination will not affect whether or not the Company has complied with the Senior Debt Documents or Second Priority Debt Documents 

“Additional Senior Debt Documents” means, with respect to any series, issue or class of Additional Senior Debt, Additional
Senior Debt Facility, the loan agreements, promissory notes, indentures, Collateral Documents or other operative agreements, documents or instruments evidencing or governing such Indebtedness or executed in connection therewith. 

“Additional Senior Debt Facility” means each credit agreement, loan agreement, purchase agreement, indenture or other
governing agreement with respect to any Additional Senior Debt. 
 “Additional Senior Debt Obligations” means, with respect
to any series, issue or class of Additional Senior Debt, all obligations owing by any Grantor pursuant to the terms of such Additional Senior Debt, including all amounts owing in respect of any principal, premium, interest (including interest that
accrues after the commencement of a Bankruptcy Case, regardless of whether such interest is an allowed claim under such Bankruptcy Case), letter of credit commissions, reimbursement obligations, charges, expenses, fees, attorneys costs, indemnities
and other amounts payable by a Grantor under any Additional Senior Debt Document. 
 “Additional Senior Debt Parties”
means, with respect to any series, issue or class of Additional Senior Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Additional Senior Debt Documents and the
beneficiaries of each indemnification obligation undertaken by the Company or any other Grantor under any related Additional Senior Debt Documents. 

“Administrative Agent” has the meaning assigned to such term in the introductory paragraph of this Agreement and shall
include any successor administrative agent and collateral agent as provided in Article VIII of the Credit Agreement. 

“Agreement” has the meaning assigned to such term in the introductory paragraph of this Agreement. 

“Bankruptcy Case” means a case under the Bankruptcy Code or any other Bankruptcy Law. 

“Bankruptcy Code” means Title 11 of the United States Code, as amended, or any similar federal or state law for the relief of
debtors. 
 “Bankruptcy Law” means the Bankruptcy Code and any other liquidation, conservatorship, bankruptcy, assignment
for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, suspension of payments, reorganization or similar debtor relief laws of the United States or other applicable jurisdictions from time to time in effect and affecting
the rights of creditors generally. 

  
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 “Business Day” means any day other than a Saturday, Sunday or other day on which
commercial banks in New York, New York are authorized or required by law to close. 
 “Class Debt” has the meaning assigned
to such term in Section 8.09. 
 “Class Debt Parties” has the meaning assigned to such term in Section 8.09. 

“Class Debt Representatives” has the meaning assigned to such term in Section 8.09. 

“Collateral” means the Senior Collateral and the Second Priority Collateral. 

“Collateral Documents” means the Senior Collateral Documents and the Second Priority Collateral Documents. 

“Company” has the meaning assigned to such term in the introductory paragraph of this Agreement. 

“Credit Agreement” means that certain Amended and Restated Credit Agreement, dated as of August 1, 2013, among the
Company and Intabex Netherlands B.V., a company formed under the laws of The Netherlands, as borrowers, Alliance One International AG, a Swiss corporation as a guarantor, the other Guarantors (as defined and identified therein) from to time party
thereto, the lenders from time to time party thereto, Deutsche Bank, as administrative agent and the other parties thereto, as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time. 

“Credit Agreement Loan Documents” means the Credit Agreement and the other “Credit Documents” as defined in the
Credit Agreement. 
 “Credit Agreement Obligations” means all “Credit Party Obligations” as defined in the Credit
Agreement. 
 “Credit Agreement Secured Parties” means the “Secured Parties” as defined in the Credit Agreement.

 “Debt Facility” means any Senior Facility and any Second Priority Debt Facility. 

“Designated Second Priority Representative” means (i) the Initial Second Priority Representative, until such time as the
Second Priority Debt Facility under the Initial Second Priority Debt Documents ceases to be the only Second Priority Debt Facility under this Agreement and (ii) thereafter, the Second Priority Representative designated from time to time by the
Second Priority Instructing Group, in a notice to the Designated Senior Representative and the Company hereunder, as the “Designated Second Priority Representative” for purposes hereof. 

“Designated Senior Representative” means (i) if at any time there is only one Senior Representative for a Senior
Facility with respect to which the Discharge of Senior Obligations has not occurred, such Senior Representative and (ii) at any time when clause (i) 

  
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does not apply, the Senior Representative from time to time designated as the “Designated Senior Representative” (or any similar term) for purposes of this Agreement in accordance with
the First Lien Intercreditor Agreement. 
 “Deutsche Bank” has the meaning assigned to such term in the introductory
paragraph of this Agreement. 
 “DIP Financing” has the meaning assigned to such term in Section 6.01. 

“Discharge” means, with respect to any Debt Facility and all Shared Collateral for such Debt Facility, the date on which such
Debt Facility and the Senior Obligations or Second Priority Debt Obligations thereunder, as the case may be, are no longer secured by any of the Shared Collateral pursuant to the terms of the documentation governing such Debt Facility. The term
“Discharged” shall have a corresponding meaning. 
 “Discharge of Credit Agreement Obligations” means the
Discharge of the Credit Agreement Obligations with respect to all Shared Collateral for the Credit Agreement; provided, that the Discharge of Credit Agreement Obligations shall not be deemed to have occurred in connection with a Refinancing
of such Credit Agreement Obligations with an Additional Senior Debt Facility secured by some or all Shared Collateral under one or more Additional Senior Debt Documents which has been designated in writing by the Company and the Senior
Representative under such Additional Senior Debt Facility to the Designated Senior Representative and the Designated Second Priority Representative as the “Credit Agreement Obligations” for purposes of this Agreement. 

“Discharge of Senior Obligations” means the last date on which the Discharge of Credit Agreement Obligations and the
Discharge of each Additional Senior Debt Facility has occurred. 
 “First Lien Intercreditor Agreement” means an
intercreditor agreement with respect to two or more series of Senior Obligations that is entered into in accordance with the terms of the Credit Agreement and is in form and substance reasonably acceptable to the Administrative Agent. 

“Grantors” means the Company and each Domestic Subsidiary (as defined in the Credit Agreement) which has granted a security
interest pursuant to any Collateral Document to secure any Secured Obligations. 
 “Indebtedness” has the meaning assigned
to such term in the Credit Agreement. 
 “Initial Second Priority Debt” means the Second Priority Debt incurred pursuant to
the Initial Second Priority Debt Documents. 
 “Initial Second Priority Debt Documents” means the Initial Second Priority
Indenture and any notes, security documents, including the Initial Second Priority Security Agreement, and other operative agreements evidencing or governing any Indebtedness or Liens thereunder, including any agreement entered into for the purpose
of securing the Initial Second Priority Debt Obligations. 

  
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 “Initial Second Priority Debt Obligations” means the Second Priority Debt
Obligations arising pursuant to, or secured by, the Initial Second Priority Debt Documents. 
 “Initial Second Priority Debt
Parties” means the holders of any Initial Second Priority Debt Obligations and the Initial Second Priority Representative. 

“Initial Second Priority Indenture” means that certain Indenture dated as of August 1, 2013, among the Company, the
Guarantors (as defined and identified therein), and Law Debenture Trust Company of New York, as trustee and second lien agent, as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time, in each case
in compliance with this Agreement. 
 “Initial Second Priority Representative” has the meaning assigned to such term in the
introductory paragraph to this Agreement. 
 “Initial Second Priority Security Agreement” means that certain Pledge and
Security Agreement dated as of August 1, 2013, among the Company, the other Grantors party thereto and Law Debenture Trust Company of New York, and which constitutes a Parity Lien Security Document (as defined in the Initial Second Priority
Indenture), as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time, in each case in compliance with this Agreement. 

“Insolvency or Liquidation Proceeding” means: 

(1) any case commenced by or against the Company or any other Grantor under any Bankruptcy Law, any other proceeding for the
reorganization, recapitalization or adjustment or marshalling of the assets or liabilities of the Company or any other Grantor, any receivership or assignment for the benefit of creditors relating to the Company or any other Grantor or any similar
case or proceeding relative to the Company or any other Grantor or its creditors, as such, in each case whether or not voluntary; 

(2) any liquidation, dissolution, marshalling of assets or liabilities or other winding up of or relating to the Company or any
other Grantor, in each case whether or not voluntary and whether or not involving bankruptcy or insolvency; or 
 (3) any
other proceeding of any type or nature in which substantially all claims of creditors of the Company or any other Grantor are determined and any payment or distribution is or may be made on account of such claims. 

“Joinder Agreement” means a supplement to this Agreement in substantially the form of Annex III or Annex IV hereof required
to be delivered by a Representative to the Designated Senior Representative and the Designated Second Priority Representative pursuant to Section 8.09 hereof in order to include an additional Debt Facility hereunder and to become the
Representative hereunder for the Senior Secured Parties or Second Priority Debt Parties, as the case may be, under such Debt Facility. 

“Lien” means any deed of trust, mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien
(statutory or other), charge or other security interest or 

  
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any preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever (including any conditional sale or other title retention agreement and any
Capital Lease (as defined in the Credit Agreement) having substantially the same economic effect as any of the foregoing). 
 “New
York UCC” means the Uniform Commercial Code as from time to time in effect in the State of New York. 
 “Non-Shared
Collateral” has the meaning assigned to such term in Section 2.06. 
 “Officer’s Certificate” has the
meaning assigned to such term in Section 5.01(a). 
 “Person” means any natural person, corporation, limited liability
company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 
 “Pledged or Controlled
Collateral” has the meaning assigned to such term in Section 5.05(a). 
 “Post-Petition Financing” means any
financing obtained by any Grantor during any Insolvency or Liquidation Proceeding or otherwise pursuant to any Bankruptcy Law on terms and conditions acceptable to the Designated Senior Representative, including any such financing obtained by any
Grantor under Section 364 of the Bankruptcy Code or consisting of any arrangement for use of cash collateral under Section 363 of the Bankruptcy Code or any similar provision of any Bankruptcy Law. 

“Proceeds” means any payment pursuant to any intercreditor agreement (other than this Agreement and any other agreement
between the Senior Class Debt Parties, in their capacity as such, and the Second Priority Debt Parties, in their capacity as such) with respect to any Shared Collateral, the proceeds of any sale, collection or other liquidation of Shared Collateral
and any payment or distribution made in respect of Shared Collateral in a Bankruptcy Case (whether or not expressly characterized as such) and any amounts received by any Senior Representative or any Senior Secured Party from a Second Priority Debt
Party in respect of Shared Collateral pursuant to this Agreement. 
 “Public Debt” means debt securities issued in a
marketed, underwritten offering registered with the SEC or comparable offering exempt from said registration pursuant to Rule 144A, Regulation S or other private placement transaction under the Securities Act of 1933, as amended (including the
Initial Second Priority Debt). 
 “Recovery” has the meaning assigned to such term in Section 6.04. 

“Refinance” means, in respect of any indebtedness, to refinance, extend, renew, defease, amend, increase, modify, supplement,
restructure, refund, replace or repay, or to issue other indebtedness or enter into alternative financing arrangements, in exchange or replacement for such indebtedness (in whole or in part), including by adding or replacing lenders, creditors,
agents, Company and/or guarantors, and including in each case, but not limited to, after the original instrument giving rise to such indebtedness has been terminated and including, in each case, through any credit agreement, indenture or other
agreement. “Refinanced” and “Refinancing” have correlative meanings. 

  
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 “Registered Equivalent Notes” means, with respect to any notes originally issued
in a Rule 144A or other private placement transaction under the Securities Act of 1933, substantially identical notes (having the same guarantees) issued in a dollar-for-dollar exchange therefor pursuant to an exchange offer registered with the SEC.

 “Representatives” means the Senior Representatives and the Second Priority Representatives. 

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

“Second Priority Class Debt” has the meaning assigned to such term in Section 8.09. 

“Second Priority Class Debt Parties” has the meaning assigned to such term in Section 8.09. 

“Second Priority Class Debt Representative” has the meaning assigned to such term in Section 8.09. 

“Second Priority Collateral” means any “Collateral” as defined in the Initial Second Priority Security Agreement
and any other Second Priority Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second
Priority Debt Obligation. 
 “Second Priority Collateral Documents” means the Initial Second Priority Security Agreement
and each of the other collateral agreements, security agreements and other instruments and documents executed and delivered by the Company or any Grantor for purposes of providing collateral security for any Second Priority Debt Obligation. 

“Second Priority Debt” means (a) the Initial Second Priority Debt incurred on the date hereof and (b) any other
Indebtedness of the Company and/or any other Grantor guaranteed by the Grantors (and not guaranteed by any Subsidiary that is not a Grantor), which Indebtedness and guarantees are secured by the Second Priority Collateral (or a portion thereof) on a
pari passu basis (but without regard to control of remedies, other than as provided by the terms of the applicable Second Priority Debt Documents) with any other Second Priority Debt Obligations and the applicable Second Priority Debt
Documents which provide (either directly or by express reference to this Agreement) that such Indebtedness and guarantees are to be secured by such Second Priority Collateral on a second-lien basis relative to the Senior Debt Obligations (and which
is not secured by Liens on any assets of the Company or any other Grantor other than the Second Priority Collateral or which are not included in the Senior Collateral); provided, however, that, solely in the case of this clause (b),
(i) such Indebtedness is permitted to be incurred, secured and guaranteed on such basis by each Senior Debt Document and Second Priority Debt Document and (ii) except in the case of the Initial Second Priority Debt hereunder,

  
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the Representative for the holders of such Indebtedness shall have become party to this Agreement pursuant to, and by satisfying the conditions set forth in, Section 8.09 hereof. The Senior
Secured Parties and the Second Priority Debt Parties shall be entitled to rely conclusively on the determination of the Company that such Second Priority Debt has been incurred or effected in compliance with clauses (i) and (ii) above
(irrespective of whether or not there is such compliance) if the Company shall have delivered to each Representative at such time an Officer’s Certificate in accordance with Section 8.09(ii) on or about the date of effectiveness of such
Second Priority Debt; provided, however, that such determination will not affect whether or not the Company has complied with the Senior Debt Documents or Second Priority Debt Documents. Second Priority Debt shall include any
Registered Equivalent Notes and guarantees thereof by the Grantors issued in exchange therefor. 
 “Second Priority Debt
Documents” means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the credit agreements, promissory notes, indentures, guarantees, collateral documents or other operative
agreements evidencing or governing such Indebtedness or Liens thereunder or executed in connection therewith, including the Second Priority Collateral Documents. 

“Second Priority Debt Facility” means (a) the Initial Second Priority Indenture and (b) each, credit agreement,
loan agreement, purchase agreement, indenture or other governing agreement with respect to any Second Priority Debt. 
 “Second
Priority Debt Obligations” means, with respect to any series, issue or class of Second Priority Debt, all obligations owing by any Grantor pursuant to the terms of such Second Priority Debt, including all amounts in respect of any
principal, interest (including interest that accrues after the commencement of a Bankruptcy Case, regardless of whether such interest is an allowed claim under such Bankruptcy Case), letter of credit commissions, reimbursement obligations, charges,
expenses, fees, attorneys costs, indemnities and other amounts payable by a Grantor under any Second Priority Debt Document. 

“Second Priority Debt Parties” means the Initial Second Priority Debt Parties and, with respect to any other series, issue or
class of Second Priority Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Second Priority Debt Documents and the beneficiaries of each indemnification obligation
undertaken by the Company or any other Grantor under any related Second Priority Debt Documents. 
 “Second Priority Instructing
Group” means the Second Priority Representative(s) with respect to the Second Priority Debt Facility or Facilities, as applicable, under which at least a majority of the aggregate principal amount of Second Priority Debt Obligations are
then outstanding. 
 “Second Priority Lien” means the Liens on the Second Priority Collateral in favor of Second Priority
Debt Parties under Second Priority Collateral Documents. 
 “Second Priority Representative” means (i) in the case of
the Initial Second Priority Debt covered hereby, the Initial Second Priority Representative and (ii) in the case of 

  
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any other Second Priority Debt Facility and the Second Priority Debt Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such Second
Priority Debt Facility that is named as the “Representative” in respect of such Second Priority Debt Facility in the applicable Joinder Agreement. 

“Secured Obligations” means the Senior Obligations and the Second Priority Debt Obligations. 

“Secured Parties” means the Senior Secured Parties and the Second Priority Debt Parties. 

“Security Agreement” means the “Pledge and Security Agreement” (as defined in the Credit Agreement). 

“Senior Class Debt” has the meaning assigned to such term in Section 8.09. 

“Senior Class Debt Parties” has the meaning assigned to such term in Section 8.09. 

“Senior Class Debt Representative” has the meaning assigned to such term in Section 8.09. 

“Senior Collateral” means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior
Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations. 

“Senior Collateral Documents” means the Security Agreement and the other Security Documents (as defined in the Credit
Agreement), and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Company or any Grantor for purposes of providing collateral security for any Senior Obligation. 

“Senior Debt Documents” means (a) the Credit Agreement Loan Documents and (b) any Additional Senior Debt Documents.

 “Senior Facilities” means the facilities under the Credit Agreement and any Additional Senior Debt Facilities. 

“Senior Lien” means the Liens on the Senior Collateral in favor of the Senior Secured Parties under the Senior Collateral
Documents. 
 “Senior Obligations” means the Credit Agreement Obligations and any Additional Senior Debt Obligations. 

“Senior Representative” means (i) in the case of any Credit Agreement Obligations or the Credit Agreement Secured
Parties, the Administrative Agent and (ii) in the case of any Additional Senior Debt Facility and the Additional Senior Debt Parties thereunder, the trustee, administrative agent, collateral agent, security agent or similar agent under such
Additional Senior Debt Facility that is named as the “Representative” in respect of such Additional Senior Debt Facility in the applicable Joinder Agreement. 

  
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 “Senior Secured Parties” means the Credit Agreement Secured Parties and any
Additional Senior Debt Parties. 
 “Shared Collateral” means, at any time, Collateral in which the holders of Senior
Obligations under at least one Senior Facility (or their Representatives) and the holders of Second Priority Debt Obligations under at least one Second Priority Debt Facility (or their Representatives) hold (or purport to have been granted), or
their respective Representatives on behalf of such holders hold (or purport to have been granted), a security interest or Lien at such time (or, in the case of the Senior Facilities, are deemed pursuant to Article II to hold a security interest).
If, at any time, any portion of the Senior Collateral under one or more Senior Facilities does not constitute Second Priority Collateral under one or more Second Priority Debt Facilities, then such portion of such Senior Collateral shall constitute
Shared Collateral only with respect to the Second Priority Debt Facilities for which it constitutes Second Priority Collateral and shall not constitute Shared Collateral for any Second Priority Debt Facility which does not have a security interest
or Lien in such Collateral at such time. 
 “Subsidiary” has the meaning assigned to such term in the Credit Agreement.

 “Uniform Commercial Code” or “UCC” means, unless otherwise specified, the Uniform Commercial Code as
from time to time in effect in the State of New York. 
 SECTION 1.02. Terms Generally. The definitions of terms herein shall apply
equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and
“including” shall be deemed to be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise,
(i) any definition of or reference to any agreement, instrument, other document, statute or regulation herein shall be construed as referring to such agreement, instrument, other document, statute or regulation as from time to time amended,
supplemented or otherwise modified, (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns, but shall not be deemed to include the subsidiaries of such Person unless express reference is
made to such subsidiaries, (iii) the words “herein,” “hereof” and “hereunder,” and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof,
(iv) all references herein to Articles, Sections and Annexes shall be construed to refer to Articles, Sections and Annexes of this Agreement, (v) unless otherwise expressly qualified herein, the words “asset” and
“property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights and (vi) the term “or” is
not exclusive. 

  
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 ARTICLE II 

Priorities and Agreements with Respect to Shared Collateral 

SECTION 2.01. Subordination. Notwithstanding (i) the date, time, manner or order of filing or recordation of any document or
instrument or grant, attachment or perfection of any Liens granted to any Second Priority Representative or any Second Priority Debt Parties on the Shared Collateral or of any Liens granted to any Senior Representative or any other Senior Secured
Party on the Shared Collateral (or any actual or alleged defect in any of the foregoing), (ii) any provision of the UCC, any applicable law, any Second Priority Debt Document or any Senior Debt Document or (iii) or any other circumstance
whatsoever (including any non-perfection of any Lien purporting to secure the Senior Obligations and/or Second Priority Debt Obligations), each Second Priority Representative, on behalf of itself and each Second Priority Debt Party under its Second
Priority Debt Facility, hereby agrees that (a) any Lien on the Shared Collateral securing any Senior Obligations now or hereafter held by or on behalf of any Senior Representative or any other Senior Secured Party or any other agent or trustee
therefor, regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall have priority over and be senior in all respects and prior to any Lien on the Shared Collateral securing any Second Priority Debt
Obligations and (b) any Lien on the Shared Collateral securing any Second Priority Debt Obligations now or hereafter held by or on behalf of any Second Priority Representative, any Second Priority Debt Parties or other agent or trustee
therefor, regardless of how acquired, whether by grant, statute, operation of law, subrogation or otherwise, shall be junior and subordinate in all respects to all Liens on the Shared Collateral securing any Senior Obligations. All Liens on the
Shared Collateral securing any Senior Obligations shall be and remain senior in all respects and prior to all Liens on the Shared Collateral securing any Second Priority Debt Obligations for all purposes, whether or not such Liens securing any
Senior Obligations are subordinated to any Lien securing any other obligation of the Company, any other Grantor or any other Person or otherwise subordinated, voided, avoided, invalidated or lapsed. 

SECTION 2.02. No Payment Subordination; Nature of Senior Lender Claims. 

(a) Except as otherwise set forth herein, the subordination of Liens securing Second Priority Debt Obligations to Liens securing Senior
Obligations set forth in Section 2.01 affects only the relative priority of those Liens and does not subordinate the Second Priority Debt Obligations in right of payment to the Senior Obligations; provided, for the avoidance of doubt,
that all payments in respect of Shared Collateral and all Proceeds thereof shall be subject to Section 4.01. Except as otherwise set forth herein, nothing in this Agreement will affect the entitlement of the Second Priority Debt Parties to
receive and retain required payments of interest, principal, and other amounts in respect of Second Priority Debt Obligations unless the receipt is expressly prohibited by, or results from the Second Priority Debt Parties’ breach of, this
Agreement. 
 (b) Each Second Priority Representative, on behalf of itself and each Second Priority Debt Party under its Second Priority
Debt Facility acknowledges that (i) a portion of the Senior Obligations is or may be revolving in nature and that the amount thereof that may be 

  
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outstanding at any time or from time to time may be increased or reduced and subsequently reborrowed, (ii) the terms of the Senior Debt Documents and the Senior Obligations may be amended,
supplemented or otherwise modified, and the Senior Obligations, or a portion thereof, may be Refinanced from time to time and (iii) the aggregate amount of the Senior Obligations may be increased, in each case, without notice to or consent by
the Second Priority Representatives or the Second Priority Debt Parties and without affecting the provisions hereof. The Lien priorities provided for in Section 2.01 shall not be altered or otherwise affected by any amendment, supplement or
other modification, or any Refinancing, of either the Senior Obligations or the Second Priority Debt Obligations, or any portion thereof. As between the Company and the other Grantors and the Second Priority Debt Parties, the foregoing provisions
will not limit or otherwise affect the obligations of the Company and the Grantors contained in any Second Priority Debt Document with respect to the incurrence of additional Senior Obligations. 

SECTION 2.03. Prohibition on Contesting Liens. Each of the Second Priority Representatives, for itself and on behalf of each Second
Priority Debt Party under its Second Priority Debt Facility, agrees that it shall not (and hereby waives any right to) contest or support any other Person in contesting, directly or indirectly, in any proceeding (including any Insolvency or
Liquidation Proceeding), (i) the validity, extent, perfection, priority or enforceability of any Lien securing any Senior Obligations held (or purported to be held) by or on behalf of any Senior Representative or any of the other Senior Secured
Parties or other agent or trustee therefor in any Senior Collateral, or (ii) the relative rights and duties of the holders of the Senior Obligations granted and/or established in this Agreement in respect of the Liens securing any Senior
Obligations held (or purported to be held) by or on behalf of any Senior Representative or any of the other Senior Secured Parties or other agent or trustee therefor in any Senior Collateral. Each Senior Representative, for itself and on behalf of
each Senior Secured Party under its Senior Facility, agrees that it shall not (and hereby waives any right to) contest or support any other Person in contesting, in any proceeding (including any Insolvency or Liquidation Proceeding), the validity,
extent, perfection, priority or enforceability of any Lien securing any Second Priority Debt Obligations held (or purported to be held) by or on behalf of any Second Priority Representative or any of the Second Priority Debt Parties in the Second
Priority Collateral. Notwithstanding the foregoing, no provision in this Agreement shall be construed to prevent or impair the rights of any Senior Representative to enforce this Agreement (including the priority of the Liens securing the Senior
Obligations as provided in Section 2.01) or any of the Senior Debt Documents. 
 SECTION 2.04. No New Liens. The parties hereto
agree that, so long as the Discharge of Senior Obligations has not occurred, (a) none of the Grantors shall grant or permit any additional Liens on any asset or property of any Grantor to secure any Second Priority Debt Obligation unless it has
granted, or concurrently therewith grants, a Lien on such asset or property of such Grantor to secure the Senior Obligations; and (b) if any Second Priority Representative or any Second Priority Debt Party shall hold any Lien on any assets or
property of any Grantor securing any Second Priority Obligations that are not also subject to the first-priority Liens securing all Senior Obligations under the Senior Collateral Documents, such Second Priority Representative or Second Priority Debt
Party (i) shall notify the Designated Senior Representative promptly upon becoming aware thereof and, unless such Grantor shall promptly grant a similar Lien on such assets or property to each Senior Representative as

  
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security for the Senior Obligations, shall assign such Lien to the Designated Senior Representative as security for all Senior Obligations for the benefit of the Senior Secured Parties (but may
retain a junior lien on such assets or property subject to the terms hereof) and (ii) until such assignment or such grant of a similar Lien to each Senior Representative, shall be deemed to hold and have held such Lien for the benefit of each
Senior Representative and the other Senior Secured Parties as security for the Senior Obligations (subject to the lien priority and other terms hereof). The foregoing shall not limit any Grantor’s ability to defease any Second Priority
Obligations to the extent otherwise permitted by any other Senior Debt Documents. 
 SECTION 2.05. Perfection of Liens. Except for
the limited agreements of the Senior Representatives pursuant to Section 5.05 hereof, none of the Senior Representatives or the Senior Secured Parties shall be responsible for perfecting and maintaining the perfection of Liens with respect to
the Shared Collateral for the benefit of the Second Priority Representatives or the Second Priority Debt Parties. The provisions of this Agreement are intended solely to govern the respective Lien priorities as between the Senior Secured Parties and
the Second Priority Debt Parties and shall not impose on the Senior Representatives, the Senior Secured Parties, the Second Priority Representatives, the Second Priority Debt Parties or any agent or trustee therefor any obligations in respect of the
disposition of Proceeds of any Shared Collateral which would conflict with prior perfected claims therein in favor of any other Person or any order or decree of any court or governmental authority or any applicable law. 

SECTION 2.06. Certain Cash Collateral. Notwithstanding anything in this Agreement or any other Senior Debt Documents or Second Priority
Debt Documents to the contrary, collateral consisting of cash and cash equivalents pledged to secure Credit Agreement Obligations consisting of reimbursement obligations in respect of Letters of Credit or otherwise held by the Administrative Agent
pursuant to Section 2.2(a), 2.3(a), 2.6(b)(i), 2.6(c), 2.10(b), 7.1(a), 7.2 and 9.5 of the Credit Agreement (or any equivalent successor provision) (the “Non-Shared Collateral”) shall be applied as specified in the Credit
Agreement and will not constitute Shared Collateral unless and until any such cash collateral arrangement is terminated and the applicable cash and cash equivalents are released to the Company or any other Grantor. 

SECTION 2.07. Similar Liens and Agreements. The parties hereto agree that it is their intention that the Second Priority Collateral not
be more expansive than the Senior Collateral. In furtherance of the foregoing and of Section 8.08 hereof, each Second Priority Representative agrees, subject to the other provisions of this Agreement: 

(i) promptly upon request by the Designated Senior Representative, to cooperate in good faith (and to direct their counsel to
cooperate in good faith) from time to time in order to determine the classes of assets included in the Second Priority Collateral and the steps taken to perfect the Liens thereon and the identity of the Grantors under the Second Priority Debt
Documents; and 
 (ii) that the Senior Collateral Documents and the Second Priority Collateral Documents and the guarantees
for the Senior Obligations and the Second Priority Debt Obligations shall be, in all material respects, substantially in the same form (other than with respect to any Non-Shared Collateral as otherwise contemplated by Section 2.06). 

  
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 ARTICLE III 

Enforcement 
 SECTION
3.01. Exercise of Remedies. 
 (a) So long as the Discharge of Senior Obligations has not occurred, whether or not any Insolvency or
Liquidation Proceeding has been commenced by or against the Company or any other Grantor, (i) neither any Second Priority Representative nor any Second Priority Debt Party will (x) exercise or seek to exercise any rights or remedies
(including setoff) with respect to any Shared Collateral in respect of any Second Priority Debt Obligations, or institute any action or proceeding with respect to such rights or remedies (including any action of foreclosure), (y) contest,
protest or object to any foreclosure or enforcement proceeding or action brought with respect to the Shared Collateral or any other Senior Collateral by any Senior Representative or any Senior Secured Party in respect of the Senior Obligations, the
exercise of any right by any Senior Representative or any Senior Secured Party (or any agent or sub-agent on their behalf) in respect of the Senior Obligations under any lockbox agreement, control agreement, landlord waiver or bailee’s letter
or similar agreement or arrangement to which any Senior Representative or any Senior Secured Party either is a party or may have rights as a third party beneficiary, or any other exercise by any such party of any rights and remedies relating to the
Shared Collateral under the Senior Debt Documents or otherwise in respect of the Senior Collateral or the Senior Obligations; provided that the respective interests of the Second Priority Debt Parties attach to the Proceeds thereof, subject
to the relative priorities described in this Agreement, until such time as any of the same are paid to or received by any Senior Representative or any Senior Secured Party in accordance with this Agreement or (z) object to the forbearance by
the Senior Secured Parties from bringing or pursuing any foreclosure proceeding or action or any other exercise of any rights or remedies relating to the Shared Collateral in respect of Senior Obligations and (ii) the Senior Representatives and
the Senior Secured Parties shall have the exclusive right to enforce rights, exercise remedies (including setoff and the right to credit bid their debt) and make determinations regarding the release, disposition or restrictions with respect to the
Shared Collateral without any consultation with or the consent of any Second Priority Representative or any Second Priority Debt Party, and in no event shall any Second Priority Representative or Second Priority Debt Party exercise any rights or
remedies with respect to any Shared Collateral if (1) a Senior Representative or other Senior Secured Party has commenced and is diligently pursuing remedies with respect to any material portion of the Shared Collateral or (2) an
Insolvency or Liquidation Proceeding in respect of any Grantor has been commenced; provided, that (A) in any Insolvency or Liquidation Proceeding commenced by or against the Company or any other Grantor, any Second Priority
Representative may file a claim, proof of claim, or statement of interest with respect to the Second Priority Debt Obligations under its Second Priority Debt Facility, (subject to the terms of this Agreement), (B) any Second Priority
Representative may take any action (which does not impair the rights of the Senior Representatives or the Senior Secured Parties to enforce rights or exercise remedies with respect to the prior Liens on the Shared Collateral securing the Senior
Obligations) in order to create, prove, perfect, preserve or protect (but not enforce) its rights in, and perfection and priority of its Lien on, the Shared Collateral, (C) any Second Priority Representative and the Second Priority Debt Parties
may exercise their rights and remedies as unsecured creditors, as provided in Section 5.04, (D) any Second Priority Representative may exercise the rights and 

  
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remedies provided to it in Article 6, (E) any Second Priority Representative and any Second Priority Debt Party may file any necessary or appropriate responsive or defensive pleadings in
opposition to any motion, claim, adversary proceeding, or other pleading made by any Person objecting to or otherwise seeking the disallowance of the claims or Liens of any Second Priority Debt Party, including any claims secured by the Shared
Collateral, in each case if not otherwise in contravention of the terms of this Agreement, (F) any Second Priority Representative and any Second Priority Debt Party may vote on any plan of reorganization that does not conflict with, and could
not result in a resolution inconsistent with, the terms of this Agreement, with respect to the Second Priority Debt Obligations and the Shared Collateral, and (G) any Second Priority Representative and any Second Priority Debt Party may join
(but not exercise any control with respect to) any judicial foreclosure proceeding or other judicial lien enforcement proceeding with respect to the Shared Collateral initiated by the Designated Senior Representative or any other Senior Secured
Party to the extent that any such action could not reasonably be expected, in any material respect, to restrain, hinder, limit, delay for any material period or otherwise interfere with the exercise of remedies by the Designated Senior
Representative, or such other Senior Secured Party (it being understood that neither the Designated Second Priority Representative or any other Second Priority Debt Party shall be entitled to receive any Proceeds thereof unless otherwise expressly
permitted herein; provided that the respective interests of the Second Priority Debt Parties attach to the Proceeds thereof, subject to the relative priorities described in this Agreement, until such time as any of the same are paid to or received
by any Senior Representative or any Senior Secured Party in accordance with this Agreement). In exercising rights and remedies with respect to the Senior Collateral, the Senior Representatives and the Senior Secured Parties may enforce the
provisions of the Senior Debt Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion. Such exercise and enforcement shall include the rights of an agent
appointed by them to sell or otherwise dispose of Shared Collateral upon foreclosure, to incur expenses in connection with such sale or disposition and to exercise all the rights and remedies of a secured lender under the Uniform Commercial Code of
any applicable jurisdiction and of a secured creditor under Bankruptcy Laws of any applicable jurisdiction. 
 (b) So long as the Discharge
of Senior Obligations has not occurred, each Second Priority Representative, on behalf of itself and each Second Priority Debt Party under its Second Priority Debt Facility, agrees that it will not, in the context of its role as secured creditor,
take or receive any Shared Collateral or any Proceeds of Shared Collateral in connection with the exercise of any right or remedy (including setoff) with respect to any Shared Collateral in respect of Second Priority Debt Obligations. Without
limiting the generality of the foregoing, unless and until the Discharge of Senior Obligations has occurred, except as expressly provided in the proviso in clause (ii) of Section 3.01(a), the sole right of the Second Priority
Representatives and the Second Priority Debt Parties with respect to the Shared Collateral is to hold a Lien on the Shared Collateral in respect of Second Priority Debt Obligations pursuant to the Second Priority Debt Documents for the period and to
the extent granted therein and to receive a share of the Proceeds thereof, if any, after the Discharge of Senior Obligations has occurred. 

(c) Subject to the proviso in clause (ii) of Section 3.01(a) and so long as the Discharge of Senior Obligations has not occurred,
(i) each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that neither such Second Priority Representative nor any such Second Priority Debt Party

  
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will take any action that would hinder any exercise of remedies undertaken by any Senior Representative or any Senior Secured Party with respect to the Shared Collateral under the Senior Debt
Documents, including any sale, lease, exchange, transfer or other disposition of the Shared Collateral, whether by foreclosure or otherwise, and (ii) each Second Priority Representative, for itself and on behalf of each Second Priority Debt
Party under its Second Priority Debt Facility, hereby waives any and all rights it or any such Second Priority Debt Party may have as a junior lien creditor or otherwise to object to the manner in which the Senior Representatives or the Senior
Secured Parties seek to enforce or collect the Senior Obligations or the Liens granted on any of the Senior Collateral, regardless of whether any action or failure to act by or on behalf of any Senior Representative or any other Senior Secured Party
is adverse to the interests of the Second Priority Debt Parties. 
 (d) Each Second Priority Representative hereby acknowledges and agrees
that no covenant, agreement or restriction contained in any Second Priority Debt Document shall be deemed to restrict in any way the rights and remedies of the Senior Representatives or the Senior Secured Parties with respect to the Senior
Collateral as set forth in this Agreement and the Senior Debt Documents. 
 (e) Until the Discharge of Senior Obligations, the Designated
Senior Representative shall have the exclusive right to exercise any right or remedy with respect to the Shared Collateral and shall have the exclusive right to determine and direct the time, method and place for exercising such right or remedy or
conducting any proceeding with respect thereto; provided, however, that the Second Priority Representatives and the Second Priority Debt Parties may exercise any of their rights or remedies with respect to the Shared Collateral if and
to the extent permitted by the proviso to Section 3.01(a). Following the Discharge of Senior Obligations, the Second Priority Instructing Group and the Designated Second Priority Representative shall have the exclusive right to exercise any
right or remedy with respect to the Collateral, and the Second Priority Instructing Group and Designated Second Priority Representative shall have the exclusive right to direct the time, method and place of exercising or conducting any proceeding
for the exercise of any right or remedy available to the Second Priority Debt Parties with respect to the Collateral, or of exercising or directing the exercise of any trust or power conferred on the Second Priority Representatives, or for the
taking of any other action authorized by the Second Priority Collateral Documents; provided, that nothing in this Section 3.01(e) shall impair the ability of the Second Priority Representatives and the Second Priority Debt Parties to
exercise any of their rights or remedies with respect to the Shared Collateral if and to the extent permitted by the proviso to Section 3.01(a); provided, further that nothing in this Section 3.01(e) shall impair the right of
any Second Priority Representative or other agent or trustee acting on behalf of the Second Priority Debt Parties to take such actions with respect to the Collateral after the Discharge of Senior Obligations as may be otherwise required or
authorized pursuant to any intercreditor agreement governing the Second Priority Debt Parties or the Second Priority Debt Obligations. 

SECTION 3.02. Cooperation. Without limiting the proviso in clause (ii) of Section 3.01(a), each Second Priority
Representative, on behalf of itself and each Second Priority Debt Party under its Second Priority Debt Facility, agrees that, unless and until the Discharge of Senior Obligations has occurred, it will not commence, or join with any Person (other
than the Senior Secured Parties and the Senior Representatives upon the request of the Designated Senior 

  
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Representative) in commencing, any enforcement, collection, execution, levy or foreclosure action or proceeding with respect to any Lien held by it in the Shared Collateral under any of the
Second Priority Debt Documents or otherwise in respect of the Second Priority Debt Obligations. 
 SECTION 3.03. Actions upon Breach.
Should any Second Priority Representative or any Second Priority Debt Party, contrary to this Agreement, in any way take, attempt to take or threaten to take any action with respect to the Shared Collateral (including any attempt to realize upon or
enforce any remedy with respect to this Agreement) or fail to take any action required by this Agreement, any Senior Representative or other Senior Secured Party (in its or their own name or in the name of the Company or any other Grantor) may
obtain relief against such Second Priority Representative or such Second Priority Debt Party by injunction, specific performance or other appropriate equitable relief. Each Second Priority Representative, on behalf of itself and each Second Priority
Debt Party under its Second Priority Facility, hereby (i) agrees that the Senior Secured Parties’ damages from the actions of the Second Priority Representatives or any Second Priority Debt Party may at that time be difficult to ascertain
and may be irreparable and waives any defense that the Company, any other Grantor or the Senior Secured Parties cannot demonstrate damage or be made whole by the awarding of damages and (ii) irrevocably waives any defense based on the adequacy
of a remedy at law and any other defense that might be asserted to bar the remedy of specific performance in any action that may be brought by any Senior Representative or any other Senior Secured Party. 

ARTICLE IV 
 Payments 

SECTION 4.01. Application of Proceeds. After an event of default under any Senior Debt Document has occurred and until such event of
default is cured or waived, so long as the Discharge of Senior Obligations has not occurred, the Shared Collateral or Proceeds thereof received pursuant to the enforcement of any Senior Debt Document or Second Priority Debt Document or the exercise
of any remedial provision thereunder shall be applied: (a) first, by the Designated Senior Representative to the Senior Obligations in such order as specified in the relevant Senior Debt Documents until the Discharge of Senior Obligations has
occurred, (b) second, by the Designated Second Priority Representative to the Second Priority Debt Obligations in such order as specified in the relevant Second Priority Debt Documents until Discharge of Second Priority Debt Obligations and
(c) third, in return to the Company and other Grantors. Upon the Discharge of Senior Obligations, each applicable Senior Representative shall deliver promptly to the Designated Second Priority Representative any Shared Collateral or Proceeds
thereof held by it in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction may otherwise direct, to be applied by the Designated Second Priority Representative to the Second Priority Debt Obligations in
such order as specified in the relevant Second Priority Debt Documents. 
 SECTION 4.02. Payments Over. Unless and until the
Discharge of Senior Obligations has occurred, any Shared Collateral or Proceeds thereof received by any Second Priority Representative or any Second Priority Debt Party in connection with the exercise of any right or remedy (including setoff)
relating to the Shared Collateral in contravention of this Agreement shall be segregated and held in trust for the benefit of and forthwith paid over to the 

  
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Designated Senior Representative for the benefit of the Senior Secured Parties in the same form as received, with any necessary endorsements, or as a court of competent jurisdiction may otherwise
direct. The Designated Senior Representative is hereby authorized to make any such endorsements as agent for each of the Second Priority Representatives or any such Second Priority Debt Party. This authorization is coupled with an interest and is
irrevocable until the Discharge of the Senior Obligations. 
 ARTICLE V 

Other Agreements 
 SECTION
5.01. Releases. 
 (a) Each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its
Second Priority Debt Facility, agrees that, in the event of a sale, transfer or other disposition of any specified item of Shared Collateral (including all or substantially all of the equity interests of any Subsidiary of the Company), the Liens
granted to the Second Priority Representatives and the Second Priority Debt Parties upon such Shared Collateral (excluding any portion of the Proceeds of such Shared Collateral remaining after the Discharge of First Lien Obligations occurs) to
secure Second Priority Debt Obligations shall terminate and be released, automatically and without any further action, concurrently with the termination and release of all Liens granted upon such Shared Collateral to secure Senior Obligations. Upon
delivery to a Second Priority Representative of a certificate of an officer of the Company (an “Officer’s Certificate”) stating that any such termination and release of Liens securing the Senior Obligations has become effective (or
shall become effective concurrently with such termination and release of the Liens granted to the Second Priority Debt Parties and the Second Priority Representatives) and any necessary or proper forms of instruments of termination or release
delivered by the Company or any other Grantor, such Second Priority Representative will promptly execute, deliver or acknowledge, at the Company’s or the other Grantor’s sole cost and expense, such instruments to evidence such termination
and release of the Liens; provided, however, that such Officer’s Certificate shall not be required for any termination or release in connection with the exercise of remedies following an event of default under any Senior Debt
Document. Nothing in this Section 5.01(a) will be deemed to affect any agreement of a Second Priority Representative, for itself and on behalf of the Second Priority Debt Parties under its Second Priority Debt Facility, to release the Liens on
the Second Priority Collateral as set forth in the relevant Second Priority Debt Documents. 
 (b) Each Second Priority Representative, for
itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, hereby irrevocably constitutes and appoints the Designated Senior Representative and any officer or agent of the Designated Senior Representative, with
full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of such Second Priority Representative or such Second Priority Debt Party or in the Designated Senior
Representative’s own name, from time to time in the Designated Senior Representative’s discretion, for the purpose of carrying out the terms of Section 5.01(a), to take any and all appropriate action and to execute any and all
documents and instruments that may be necessary or desirable to accomplish the purposes of Section 5.01(a), including any termination statements, endorsements or other instruments of transfer or release. 

  
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 (c) Unless and until the Discharge of Senior Obligations has occurred, each Second Priority
Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, hereby consents to the application, whether prior to or after an event of default under any Senior Debt Document of Proceeds of
Shared Collateral to the repayment of Senior Obligations pursuant to the Senior Debt Documents, provided that nothing in this Section 5.01(c) shall be construed to prevent or impair the rights of the Second Priority Representatives or
the Second Priority Debt Parties to receive Proceeds of the Shared Collateral for the repayment of Second Priority Debt Obligations not otherwise in contravention of this Agreement. 

(d) Notwithstanding anything to the contrary in any Second Priority Collateral Document, in the event the terms of a Senior Collateral
Document and a Second Priority Collateral Document each require any Grantor to (i) make payment in respect of any item of Shared Collateral, (ii) deliver or afford control over any item of Shared Collateral to, or deposit any item of
Shared Collateral with, (iii) register ownership of any item of Shared Collateral in the name of or make an assignment of ownership of any Shared Collateral or the rights thereunder to, (iv) cause any securities intermediary, commodity
intermediary or other Person acting in a similar capacity to agree to comply, in respect of any item of Shared Collateral, with instructions or orders from, or to treat, in respect of any item of Shared Collateral, as the entitlement holder,
(v) hold any item of Shared Collateral in trust for (to the extent such item of Shared Collateral cannot be held in trust for multiple parties under applicable law), (vi) obtain the agreement of a bailee or other third party to hold any
item of Shared Collateral for the benefit of or subject to the control of or, in respect of any item of Shared Collateral, to follow the instructions of or (vii) obtain the agreement of a landlord with respect to access to leased premises where
any item of Shared Collateral is located or waivers or subordination of rights with respect to any item of Shared Collateral in favor of, in any case, both the Designated Senior Representative and any Second Priority Representative or Second
Priority Debt Party, such Grantor may, until the Discharge of Senior Obligations with respect to which such requirement relates has occurred, comply with such requirement under the Second Priority Collateral Document as it relates to such Shared
Collateral by taking any of the actions set forth above only with respect to, or in favor of, the Designated Senior Representative. 

SECTION 5.02. Insurance and Condemnation Awards. Unless and until the Discharge of Senior Obligations has occurred, the Designated
Senior Representative and the Senior Secured Parties shall have the sole and exclusive right, subject to the rights of the Grantors under the Senior Debt Documents, (a) to be named as additional insured and loss payee under any insurance
policies maintained from time to time by any Grantor, (b) to adjust settlement for any insurance policy covering the Shared Collateral in the event of any loss thereunder and (c) to approve any award granted in any condemnation or similar
proceeding affecting the Shared Collateral. Unless and until the Discharge of Senior Obligations has occurred and subject to the rights of the Grantors under the Senior Debt Documents, all proceeds of any such policy and any such award, if in
respect of the Shared Collateral, shall be paid (i) first, prior to the occurrence of the Discharge of Senior Obligations, to the Designated Senior Representative for the benefit of Senior Secured Parties, or as otherwise permitted by the

  
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Designated Senior Representative or the Senior Secured Parties (so long as such proceeds are applied to reduce the Senior Obligations or otherwise reinvested as permitted under the Senior Debt
Documents), in each case, pursuant to the terms of the Senior Debt Documents, (ii) second, after the occurrence of the Discharge of Senior Obligations, to the Designated Second Priority Representative for the benefit of the Second Priority Debt
Parties pursuant to the terms of the applicable Second Priority Debt Documents and (iii) third, if no Second Priority Debt Obligations are outstanding, to the owner of the subject property, such other Person as may be entitled thereto or as a
court of competent jurisdiction may otherwise direct. If any Second Priority Representative or any Second Priority Debt Party shall, at any time, receive any proceeds of any such insurance policy or any such award in contravention of this Agreement,
it shall pay such proceeds over to the Designated Senior Representative in accordance with the terms of Section 4.02. 
 SECTION 5.03.
Amendments to Second Priority Collateral Documents. 
 (a) Except to the extent not prohibited by any Senior Debt Document and so
long as the Discharge of Senior Obligations has not occurred, no Second Priority Collateral Document may be amended, supplemented or otherwise modified or entered into to the extent such amendment, supplement or modification, or the terms of any new
Second Priority Collateral Document, would be prohibited by or inconsistent with any of the terms of this Agreement. The Company agrees to deliver to the Designated Senior Representative copies of (i) any amendments, supplements or other
modifications to the Second Priority Collateral Documents and (ii) any Second Priority Collateral Documents entered into after the date hereof. Each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party
under its Second Priority Debt Facility, agrees that each Second Priority Collateral Document under its Second Priority Debt Facility shall include the following language (or language to similar effect reasonably approved by the Designated Senior
Representative): 
 “Notwithstanding anything herein to the contrary, (i) the liens and security interests granted
to the Second Priority Representative pursuant to this Agreement are expressly subject and subordinate to the liens and security interests granted in favor of the Senior Secured Parties (as defined in the Intercreditor Agreement referred to below),
including any liens and security interests granted to Deutsche Bank Trust Company Americas, as administrative agent, pursuant to or in connection with the Amended and Restated Credit Agreement dated as of
[            ], 2013, among Alliance One International, Inc., a Virginia corporation (the “Company”), Intabex Netherlands B.V., a company formed under the laws of The
Netherlands, Alliance One International AG, a Swiss corporation, certain other subsidiaries of the Company, the lenders from time to time party thereto, Deutsche Bank Trust Company Americas, as administrative agent, swing line lender and a letter of
credit issuing bank and the other parties thereto, and (ii) the exercise of any right or remedy by the Second Priority Representative hereunder is subject to the limitations and provisions of the Intercreditor Agreement dated as
[            ], 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), among Alliance One International,
Inc., a Virginia corporation, the other grantors from time to time party thereto, Deutsche Bank Trust Company Americas, as Administrative Agent, and the representatives that from time to time become a party thereto. In the event of any conflict
between the terms of the Intercreditor Agreement and the terms of this Agreement, the terms of the Intercreditor Agreement shall govern.” 

  
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 (b) In the event that each applicable Senior Representative and/or the Senior Secured Parties
enter into any amendment, waiver or consent in respect of any of the Senior Collateral Documents for the purpose of adding to or deleting from, or waiving or consenting to any departures from any provisions of, any Senior Collateral Document or
changing in any manner the rights of the Senior Representatives, the Senior Secured Parties, the Company or any other Grantor thereunder (including the release of any Liens in Senior Collateral) in a manner that is applicable to all Senior
Facilities, then such amendment, waiver or consent shall apply automatically to any comparable provision of each comparable Second Priority Collateral Document without the consent of any Second Priority Representative or any Second Priority Debt
Party and without any action by any Second Priority Representative, the Company or any other Grantor; provided, however, that (A) no such amendment, waiver or consent shall have the effect of (i) removing assets subject to
the Lien of the Second Priority Collateral Documents, except to the extent that a release of such Lien is permitted by Section 5.01 of this Agreement or (ii) imposing additional duties on any Second Priority Representative without its
consent and (B) written notice of such amendment, waiver or consent shall have been given by the Designated Senior Representative or any Grantor to each Second Priority Representative within 10 Business Days after the effectiveness of such
amendment, waiver or consent; provided, further, that (x) the failure to give such notice shall not affect the effectiveness of such amendment, waiver or consent with respect to the provisions of any Second Priority Collateral
Documents as set forth in this Section 5.03(b) and (y) without limiting the preceding clause (x), the Second Priority Representative shall have no liability with respect to such amendment, waiver or consent until it actually receives
notice of such amendment waiver or consent. 
 SECTION 5.04. Rights as Unsecured Creditors. Notwithstanding anything to the contrary
in this Agreement, the Second Priority Representatives and the Second Priority Debt Parties may exercise rights and remedies as unsecured creditors against the Company and any other Grantor in accordance with the terms of the Second Priority Debt
Documents and applicable law so long as such exercise of rights and remedies are not inconsistent with the provisions of this Agreement. Nothing in this Agreement shall prohibit the receipt by any Second Priority Representative or any Second
Priority Debt Party of the required payments of principal, premium, interest, fees and other amounts due under the Second Priority Debt Documents so long as such receipt is not the direct or indirect result of the exercise by a Second Priority
Representative or any Second Priority Debt Party of rights or remedies as a secured creditor in respect of Shared Collateral (including set-off) or enforcement in contravention of this Agreement of any Lien
held by any of them or as a result of any distribution of or in respect of any Shared Collateral (whether or not expressly characterized as such) upon or in any Insolvency or Liquidation Proceeding with respect to any Grantor. In the event any
Second Priority Representative or any Second Priority Debt Party becomes a judgment lien creditor in respect of Shared Collateral as a result of its enforcement of its rights as an unsecured creditor in respect of Second Priority Debt Obligations,
such judgment lien shall be subordinated to the Liens securing Senior Obligations on the same basis as the other Liens securing the Second Priority Debt Obligations are so subordinated to such Liens securing Senior Obligations under this Agreement.
Nothing in this Agreement shall impair or otherwise adversely affect any rights or remedies the Senior Representatives or the Senior Secured Parties may have with respect to the Senior Collateral. 

  
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 SECTION 5.05. Gratuitous Bailee for Perfection. 

(a) Each Senior Representative acknowledges and agrees that if it shall at any time hold a Lien securing any Senior Obligations on any Shared
Collateral that can be perfected by the possession or control of such Shared Collateral or of any account in which such Shared Collateral is held (including any deposit account or securities account), and if such Shared Collateral or any such
account is in fact in the possession or under the control of such Senior Representative, or of agents or bailees of such Person (such Shared Collateral being referred to herein as the “Pledged or Controlled Collateral”), or if it
shall at any time obtain any landlord waiver or bailee’s letter or any similar agreement or arrangement granting it rights or access to Shared Collateral, the applicable Senior Representative shall also hold such Pledged or Controlled
Collateral, or take such actions with respect to such landlord waiver, bailee’s letter or similar agreement or arrangement, as sub-agent or gratuitous bailee for the relevant Second Priority Representatives (such bailment and agency being
intended, among other things, to satisfy the requirement of Section 8-301(a)(2), 9-313(c), 9-104, 9-105, 9-106, and 9-107 of the UCC), in each case solely for the purpose of perfecting the Liens granted under the relevant Second Priority
Collateral Documents and subject to the terms and conditions of this Section 5.05. 
 (b) If prior to the Discharge of the Senior
Obligations, any Second Priority Representative acquires Pledged or Controlled Collateral or other Collateral in its possession or control (or in the possession or control of its agents or bailees), such Second Priority Representative shall promptly
turn over such acquired Pledged or Controlled Collateral or other Collateral to the Designated Senior Representative. 
 (c) Except as
otherwise specifically provided herein, until the Discharge of Senior Obligations has occurred, the Senior Representatives and the Senior Secured Parties shall be entitled to deal with the Pledged or Controlled Collateral in accordance with the
terms of the Senior Debt Documents as if the Liens under the Second Priority Collateral Documents did not exist. The rights of the Second Priority Representatives and the Second Priority Debt Parties with respect to the Pledged or Controlled
Collateral shall at all times be subject to the terms of this Agreement. 
 (d) The Senior Representatives and the Senior Secured Parties
shall have no obligation whatsoever to the Second Priority Representatives or any Second Priority Debt Party to assure that any of the Pledged or Controlled Collateral is genuine or owned by the Grantors or to protect or preserve rights or benefits
of any Person or any rights pertaining to the Shared Collateral, except as expressly set forth in this Section 5.05. The duties or responsibilities of the Senior Representatives under this Section 5.05 shall be limited solely to holding or
controlling the Shared Collateral and the related Liens referred to in paragraphs (a) and (b) of this Section 5.05 as sub-agent and gratuitous bailee for the relevant Second Priority Representative for purposes of perfecting the Lien
held by such Second Priority Representative and delivering the Shared Collateral upon a Discharge of Senior Obligations as set forth in this Section 5.05. 

  
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 (e) The Senior Representatives shall not have by reason of the Second Priority Collateral
Documents or this Agreement, or any other document, a fiduciary relationship in respect of any Second Priority Representative or any Second Priority Debt Party, and each Second Priority Representative, for itself and on behalf of each Second
Priority Debt Party under its Second Priority Debt Facility, hereby waives and releases the Senior Representatives from all claims and liabilities arising pursuant to the Senior Representatives’ roles under this Section 5.05 as sub-agents
and gratuitous bailees with respect to the Shared Collateral. It is understood and agreed that the interests of the Designated Senior Representative and the Second Priority Representatives may differ and the Designated Senior Representative shall be
fully entitled to act in its own interest without taking into account the interests of the Second Priority Representatives or Second Priority Debt Parties. 

(f) Upon the Discharge of Senior Obligations, each applicable Senior Representative shall, at the Grantors’ sole cost and expense,
(i) (A) deliver to the Designated Second Priority Representative, to the extent that it is legally permitted to do so, all Shared Collateral, including all Proceeds thereof, held or controlled by such Senior Representative or any of its
agents or bailees, including the transfer of possession and control, as applicable, of the Pledged or Controlled Collateral (including, if applicable, by cooperating to cause the assignment of control agreements to the Designated Second Priority
Representative), together with any necessary endorsements and notices to depositary banks, securities intermediaries and commodities intermediaries, and, to the extent permitted by the terms thereof, assign its rights under any landlord waiver or
bailee’s letter or any similar agreement or arrangement granting it rights or access to Shared Collateral, or (B) direct and deliver such Shared Collateral as a court of competent jurisdiction may otherwise direct, (ii) notify any
applicable insurance carrier that it is no longer entitled to be a loss payee or additional insured under the insurance policies of any Grantor issued by such insurance carrier and (iii) notify any governmental authority involved in any
condemnation or similar proceeding involving any Grantor that the Designated Second Priority Representative is entitled to approve any awards granted in such proceeding. The Company and the other Grantors shall take such further action as is
required to effectuate the transfer contemplated hereby and shall indemnify each Senior Representative for loss or damage suffered by such Senior Representative as a result of such transfer, except for loss or damage suffered by any such Person as a
result of its own willful misconduct, gross negligence or bad faith. The Senior Representatives have no obligations to follow instructions from any Second Priority Representative or any other Second Priority Debt Party in contravention of this
Agreement. 
 (g) (a) None of the Senior Representatives nor any of the other Senior Secured Parties shall be required to marshal any
present or future collateral security for any obligations of the Company or any Subsidiary to any Senior Representative or any Senior Secured Party under the Senior Debt Documents or any assurance of payment in respect thereof, or to resort to such
collateral security or other assurances of payment in any particular order, and all of their rights in respect of such collateral security or any assurance of payment in respect thereof shall be cumulative and in addition to all other rights,
however existing or arising. 
 (b) Prior to the Discharge of Senior Obligations, the Second Priority Debt Parties may not assert or enforce
any right of marshalling accorded to a junior lienholder as against the Senior Secured Parties (in their capacity as Senior Secured Parties). Following the 

  
 23 

 
Discharge of Senior Obligations, the Second Priority Debt Parties may assert their rights under the Uniform Commercial Code or otherwise to any proceeds remaining following a sale or other
disposition of Shared Collateral by, or on behalf of, the Senior Secured Parties. 
 SECTION 5.06. When Discharge of Senior Obligations
is Deemed Not to Have Occurred. If, at any time after or substantially concurrently with the occurrence of the Discharge of Senior Obligations, the Company or any Subsidiary incurs any Senior Obligations (other than in respect of the payment of
indemnities surviving the Discharge of Senior Obligations), then such Discharge of Senior Obligations shall automatically be deemed not to have occurred for all purposes of this Agreement (other than with respect to any actions taken prior to the
date of such designation as a result of the occurrence of such first Discharge of Senior Obligations) and the applicable agreement governing such Senior Obligations shall automatically be treated as a Senior Debt Document for all purposes of this
Agreement, including for purposes of the Lien priorities and rights in respect of Shared Collateral set forth herein and the agent, representative or trustee for the holders of such Senior Obligations shall be the Senior Representative for all
purposes of this Agreement. Upon receipt of written notice of such incurrence (including the identity of the new Senior Representative), each Second Priority Representative (including the Designated Second Priority Representative) shall at the
Company’s expense promptly (a) enter into such documents and agreements, including amendments or supplements to this Agreement, as the Company or such new Senior Representative shall reasonably request in writing in order to provide the
new Senior Representative the rights of a Senior Representative contemplated hereby, (b) deliver to such Senior Representative, to the extent that it is legally permitted to do so, all Shared Collateral, including all proceeds thereof, held or
controlled by such Second Priority Representative or any of its agents or bailees, including the transfer of possession and control, as applicable, of the Pledged or Controlled Collateral, together with any necessary endorsements and notices to
depositary banks, securities intermediaries and commodities intermediaries, and assign its rights under any landlord waiver or bailee’s letter or any similar agreement or arrangement granting it rights or access to Shared Collateral,
(c) notify any applicable insurance carrier that it is no longer entitled to be a loss payee or additional insured under the insurance policies of any Grantor issued by such insurance carrier and (d) notify any governmental authority
involved in any condemnation or similar proceeding involving a Grantor that the new Senior Representative is entitled to approve any awards granted in such proceeding. 

ARTICLE VI 
 Insolvency or
Liquidation Proceedings 
 SECTION 6.01. Financing Issues. Until the Discharge of Senior Obligations has occurred, if the Company
or any other Grantor shall be subject to any Insolvency or Liquidation Proceeding and the Designated Senior Representative (acting on the direction of the applicable Senior Secured Parties) shall desire to consent (or not object) to the sale, use or
lease of cash or other collateral or to consent (or not object) to the Company’s or any other Grantor’s obtaining financing under Section 363 or Section 364 of Title 11 of the United States Code or any similar provision of any
other Bankruptcy Law (“DIP Financing”), then each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that it will not raise, join or support
any (a) objection to 

  
 24 

 
and will not otherwise contest such sale, use or lease of such cash or other collateral or such DIP Financing and, except to the extent permitted by the proviso in clause (ii) of
Section 3.01(a) and by Section 6.03, will not request adequate protection or any other relief in connection therewith and, to the extent the Liens securing any Senior Obligations are subordinated or pari passu with such DIP
Financing, will subordinate (and will be deemed hereunder to have subordinated) its Liens in the Shared Collateral to (x) such DIP Financing (and all obligations relating thereto) on the same basis as the Liens securing the Second Priority Debt
Obligations are so subordinated to Liens securing Senior Obligations under this Agreement, (y) any adequate protection Liens provided to the Senior Secured Parties and (z) to any “carve-out” for professional and United States
Trustee fees or payment of any other amounts agreed to by the Senior Representatives, (b) objection (or join or support any objection) to (and will not otherwise contest) any motion for relief from the automatic stay or from any injunction
against foreclosure or enforcement in respect of Senior Obligations made by any Senior Representative or any other Senior Secured Party, (c) objection to (and will not otherwise contest) any lawful exercise by any Senior Secured Party of the
right to credit bid Senior Obligations at any sale in foreclosure of Senior Collateral, (d) objection to (and will not otherwise contest) any other request for judicial relief made in any court by any Senior Secured Party relating to the lawful
enforcement of any Lien on Senior Collateral or (e) objection (or join or support any objection) to (and will not otherwise contest or oppose) any order relating to a sale or other disposition of assets of any Grantor for which any Senior
Representative has consented or not objected that provides, to the extent such sale or other disposition is to be free and clear of Liens, that the Liens securing the Senior Obligations and the Second Priority Debt Obligations will attach to the
proceeds of the sale on the same basis of priority as the Liens on the Shared Collateral securing the Senior Obligations rank to the Liens on the Shared Collateral securing the Second Priority Debt Obligations pursuant to this Agreement;
provided, however, that nothing in this Section 6.01 shall prohibit any Second Priority Debt Party from (a) exercising its rights to vote in favor of or against a plan of reorganization or (b) proposing a Post-Petition
Financing to any Grantor. Each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that notice received three Business Days prior to the entry of an order
approving such usage of cash or other collateral or approving such financing shall be adequate notice. 
 SECTION 6.02. Relief from the
Automatic Stay. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall seek
relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding or take any action in derogation thereof, or support or join, directly or indirectly, any party in doing or performing the same, in each case in respect of
any Shared Collateral, without the prior written consent of the Designated Senior Representative. 
 SECTION 6.03. Adequate
Protection. Each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, agrees that none of them shall (A) object, contest or support any other Person objecting
to or contesting (a) any request by any Senior Representative or any Senior Secured Parties for adequate protection, (b) any objection by any Senior Representative or any Senior Secured Parties to any motion, relief, action or proceeding
based on any Senior Representative’s or Senior Secured Party’s claiming a lack of adequate protection or (c) the payment of interest, fees, 

  
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expenses or other amounts of any Senior Representative or any other Senior Secured Party under Section 506(b) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law or
(B) assert or support any claim for costs or expenses of preserving or disposing of any Collateral under Section 506(c) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law. Notwithstanding anything contained in this
Section 6.03 or in Section 6.01, in any Insolvency or Liquidation Proceeding, (i) if the Senior Secured Parties (or any subset thereof) are granted adequate protection in the form of additional or replacement collateral in connection
with any DIP Financing or use of cash collateral under Section 363 or 364 of the Bankruptcy Code or any similar provision of any other Bankruptcy Law and/or a superpriority administrative claim, then each Second Priority Representative, for
itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, may seek or request and be granted, without objection by any Senior Secured Party, adequate protection in the form of a Lien on such additional or
replacement collateral and/or superpriority administrative claim (as applicable), which Lien and/or a superpriority administrative claim is subordinated to the Liens securing all, and claims with respect to, Senior Obligations and such DIP Financing
(and all obligations relating thereto) on the same basis as the other Liens securing, and claims with respect to, the Second Priority Debt Obligations are so subordinated to the Liens securing, and claims with respect to, the Senior Obligations
under this Agreement and (ii) in the event any Second Priority Representatives, for themselves and on behalf of the Second Priority Debt Parties under their Second Priority Debt Facilities, seek or request adequate protection and such adequate
protection is granted in the form of additional or replacement collateral and/or superpriority administrative claim, then such Second Priority Representatives, for themselves and on behalf of each Second Priority Debt Party under their Second
Priority Debt Facilities, agree that each Senior Representative shall also be entitled to seek and be granted without objection from any Second Priority Debt Party, a senior Lien on such additional or replacement collateral and/or a superpriority
administrative claim as adequate protection for the Senior Obligations and any such DIP Financing and that any Lien on such additional or replacement collateral and/or a superpriority administrative claim granted as adequate protection for the
Second Priority Debt Obligations shall be subordinated to the Liens on such collateral securing the Senior Obligations and any other Liens and superpriority claims granted to the Senior Secured Parties as adequate protection on the same basis as the
other Liens securing, and claims with respect to, the Second Priority Debt Obligations are so subordinated to such Liens securing, and claims with respect to, the Senior Obligations under this Agreement; provided, however, that the
Second Priority Debt Representative on behalf of itself and the Second Priority Debt Parties under its Second Priority Debt Documents, shall irrevocably agree, pursuant to Section 1129(a)(9) of the Bankruptcy Code, in any stipulation and/or
order granting such adequate protection, that such junior superpriority claims may be paid under any plan or reorganization in any combination of cash, debt, equity or other property having a value on the effective date of such plan equal to the
allowed amount of such claims. Notwithstanding anything to the contrary in the foregoing, the Second Priority Debt Parties shall not be entitled to seek adequate protection in the form of payments in the amount of current post-petition fees and
expenses, and/or other cash payments unless the Senior Secured Parties shall have consented in advance thereto. In addition, nothing herein shall prohibit any Second Priority Debt Party from filing any claim in any Insolvency or Liquidation
Proceeding for allowance of Second Priority Debt Obligations consisting of post-petition interest under Section 506(b) of the Bankruptcy Code or otherwise, to the extent of the value of the Lien of the Second Priority Representative on behalf
of the Second Priority Debt Parties on the Shared Collateral (after taking into account the Senior Obligations). 

  
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 SECTION 6.04. Preference Issues. If any Senior Secured Party is required in any Insolvency
or Liquidation Proceeding or otherwise to disgorge, turn over or otherwise pay any amount to the estate of the Company or any other Grantor (or any trustee, receiver or similar Person therefor), because the payment of such amount was declared to be
fraudulent or preferential or otherwise under Chapter 5 of the Bankruptcy Code, in any respect or for any other reason, any amount (a “Recovery”), whether received as proceeds of security, enforcement of any right of setoff or
otherwise, then the Senior Obligations shall be reinstated to the extent of such Recovery and deemed to be outstanding as if such payment had not occurred and the Senior Secured Parties shall be entitled to the benefits of this Agreement until a
Discharge of Senior Obligations with respect to all such recovered amounts. If this Agreement shall have been terminated prior to such Recovery, this Agreement shall be reinstated in full force and effect, and such prior termination shall not
diminish, release, discharge, impair or otherwise affect the obligations of the parties hereto. Each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, hereby agrees
that none of them shall be entitled to benefit from any avoidance action affecting or otherwise relating to any distribution or allocation made in accordance with this Agreement, whether by preference or otherwise, it being understood and agreed
that the benefit of such avoidance action otherwise allocable to them shall instead be allocated and turned over for application in accordance with the priorities set forth in this Agreement, the Credit Agreement and/or the Collateral Documents, as
applicable. This Section 6.04 shall survive termination of this Agreement. 
 SECTION 6.05. Separate Grants of Security and Separate
Classifications. 
 (a) Each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its
Second Priority Debt Facility, acknowledges and agrees that (a) the grants of Liens pursuant to the Senior Collateral Documents and the Second Priority Collateral Documents constitute separate and distinct grants of Liens and (b) because
of, among other things, their differing rights in the Shared Collateral, the Second Priority Debt Obligations are fundamentally different from the Senior Obligations and must be separately classified in any plan of reorganization proposed or adopted
in an Insolvency or Liquidation Proceeding. To further effectuate the intent of the parties as provided in the immediately preceding sentence, if it is held that any claims of the Senior Secured Parties and the Second Priority Debt Parties in
respect of the Shared Collateral constitute a single class of claims (rather than separate classes of senior and junior secured claims), then each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its
Second Priority Debt Facility, hereby acknowledges and agrees that all distributions shall be made as if there were separate classes of senior and junior secured claims against the Grantors in respect of the Shared Collateral (with the effect being
that, to the extent that the aggregate value of the Shared Collateral is sufficient (for this purpose ignoring all claims held by the Second Priority Debt Parties), the Senior Secured Parties shall be entitled to receive, in addition to amounts
distributed to them in respect of principal, pre-petition interest and other claims, all amounts owing in respect of post-petition interest (whether or not allowed or allowable) before any distribution is made in respect of the Second Priority Debt
Obligations, with each Second Priority Representative, for itself and on behalf of each Second Priority Debt Party under its Second Priority Debt Facility, hereby 

  
 27 

 
acknowledging and agreeing to turn over to the Designated Senior Representative amounts otherwise received or receivable by them to the extent necessary to effectuate the intent of this sentence,
even if such turnover has the effect of reducing the claim or recovery of the Second Priority Debt Parties. 
 (b) Each Second Priority Debt
Party (whether in the capacity of a secured creditor or an unsecured creditor in accordance with Section 506(a) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law) shall not propose, vote in favor of, or otherwise
directly or indirectly support any plan of reorganization that is inconsistent with the terms of this Agreement. 
 SECTION 6.06. No
Waivers of Rights of Senior Secured Parties. Nothing contained herein shall, except as expressly provided herein, prohibit or in any way limit any Senior Representative or any other Senior Secured Party from objecting in any Insolvency or
Liquidation Proceeding or otherwise to any action taken by any Second Priority Debt Party, including the seeking by any Second Priority Debt Party of adequate protection or the assertion by any Second Priority Debt Party of any of its rights and
remedies under the Second Priority Debt Documents or otherwise. 
 SECTION 6.07. Application. This Agreement, which the parties
hereto expressly acknowledge is a “subordination agreement” under Section 510(a) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law, shall be effective and enforceable before, during and after the commencement
of any Insolvency or Liquidation Proceeding. The relative rights as to the Shared Collateral and proceeds thereof shall continue after the commencement of any Insolvency or Liquidation Proceeding on the same basis as prior to the date of the
petition therefor, subject to any court order approving the financing of, or use of cash collateral by, any Grantor. All references herein to any Grantor shall include such Grantor as a debtor- in-possession and any receiver or trustee for such
Grantor. 
 SECTION 6.08. Other Matters. To the extent that any Second Priority Representative or any Second Priority Debt Party has
or acquires rights under Section 363 or Section 364 of the Bankruptcy Code or any similar provision of any other Bankruptcy Law with respect to any of the Shared Collateral, such Second Priority Representative, on behalf of itself and each
Second Priority Debt Party under its Second Priority Debt Facility, agrees not to assert any such rights prior to the Discharge of Senior Obligations without the prior written consent of each Senior Representative, provided that if requested
by any Senior Representative, such Second Priority Representative shall timely exercise such rights in the manner requested by the Senior Representatives, including any rights to payments in respect of such rights. 

SECTION 6.09. 506(c) Claims. Until the Discharge of Senior Obligations has occurred, each Second Priority Representative, on behalf of
itself and each Second Priority Debt Party under its Second Priority Debt Facility, agrees that it will not assert or enforce any claim under Section 506(c) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law or seek to
recover any amounts that any Grantor may obtain by virtue of any claim under Section 506(c) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law, in each case, for costs or expenses of preserving or disposing of any
Shared Collateral or otherwise. To the extent any Second Priority Debt Party receives any payments or 

  
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consideration on account of claims under 506(c) of the Bankruptcy Code or any similar provision of any other Bankruptcy Law in violation of the immediately preceding sentence, then such Second
Priority Debt Party will turnover over to the Designated Senior Representative such amounts, even if such turnover has the effect of reducing the claim or recovery of the Second Priority Debt Parties. 

SECTION 6.10. Reorganization Securities. (a) If, in any Insolvency or Liquidation Proceeding, debt obligations of the reorganized
debtor secured by Liens upon any property of the reorganized debtor are distributed, pursuant to a plan of reorganization or similar dispositive restructuring plan, on account of both the Senior Obligations and the Second Priority Debt Obligations,
then, to the extent the debt obligations distributed on account of the Senior Obligations and on account of the Second Priority Debt Obligations are secured by Liens upon the same assets or property, the provisions of this Agreement will survive the
distribution of such debt obligations pursuant to such plan and will apply with like effect to the Liens securing such debt obligations. 

(a) Each Second Priority Debt Party (whether in the capacity of a secured creditor or an unsecured creditor) shall not propose, vote in
favor of, or otherwise directly or indirectly support any plan of reorganization that is inconsistent with the priorities or other provisions of this Agreement, other than with the prior written consent of the Designated Senior Representative
or to the extent any such plan is proposed or supported by the number of Senior Secured Debt Parties required under Section 1126(d) of the Bankruptcy Code or any similar provision under Bankruptcy Law. 

SECTION 6.11. Section 1111(b) of the Bankruptcy Code. Until the Discharge of Senior Obligations has occurred, none of the Second
Priority Representatives nor any Second Priority Debt Party shall seek to exercise any rights under Section 1111(b) of the Bankruptcy Code or any similar provision under any Bankruptcy Law. All rights of Senior Secured Parties to exercise any
rights under Section 1111(b) of the Bankruptcy Code, if any, are reserved and unaltered by this Agreement. 
 ARTICLE VII 

Reliance; etc. 
 SECTION
7.01. Reliance. The consent by the Senior Secured Parties to the execution and delivery of the Second Priority Debt Documents to which the Senior Secured Parties have consented and all loans and other extensions of credit made or deemed made
on and after the date hereof by the Senior Secured Parties to the Company or any Subsidiary shall be deemed to have been given and made in reliance upon this Agreement. Each Second Priority Representative, on behalf of itself and each Second
Priority Debt Party under its Second Priority Debt Facility, acknowledges that it and such Second Priority Debt Parties have, independently and without reliance on any Senior Representative or other Senior Secured Party, and based on documents and
information deemed by them appropriate, made their own credit analysis and decision to enter into the Second Priority Debt Documents to which they are party or by which they are bound, this Agreement and the transactions contemplated hereby and
thereby, and they will continue to make their own credit decision in taking or not taking any action under the 

  
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Second Priority Debt Documents or this Agreement; provided, however, it is understood that the Initial Second Priority Representative has not and will not make any credit analysis of the Company
and its Subsidiaries. 
 SECTION 7.02. No Warranties or Liability. Each Second Priority Representative, on behalf of itself and each
Second Priority Debt Party under its Second Priority Debt Facility, acknowledges and agrees that neither any Senior Representative nor any other Senior Secured Party has made any express or implied representation or warranty, including with respect
to the execution, validity, legality, completeness, collectibility or enforceability of any of the Senior Debt Documents, the ownership of any Shared Collateral or the perfection or priority of any Liens thereon. The Senior Secured Parties will be
entitled to manage and supervise their respective loans and extensions of credit under the Senior Debt Documents in accordance with law and as they may otherwise, in their sole discretion, deem appropriate, and the Senior Secured Parties may manage
their loans and extensions of credit without regard to any rights or interests that the Second Priority Representatives and the Second Priority Debt Parties have in the Shared Collateral or otherwise, except as otherwise provided in this Agreement.
Neither any Senior Representative nor any other Senior Secured Party shall have any duty to any Second Priority Representative or Second Priority Debt Party to act or refrain from acting in a manner that allows, or results in, the occurrence or
continuance of an event of default or default under any agreement with the Company or any Subsidiary (including the Second Priority Debt Documents), regardless of any knowledge thereof that they may have or be charged with. Except as expressly set
forth in this Agreement, the Senior Representatives, the Senior Secured Parties, the Second Priority Representatives and the Second Priority Debt Parties have not otherwise made to each other, nor do they hereby make to each other, any warranties,
express or implied, nor do they assume any liability to each other with respect to (a) the enforceability, validity, value or collectibility of any of the Senior Obligations, the Second Priority Debt Obligations or any guarantee or security
which may have been granted to any of them in connection therewith, (b) any Grantor’s title to or right to transfer any of the Shared Collateral or (c) any other matter except as expressly set forth in this Agreement. 

SECTION 7.03. Obligations Unconditional. All rights, interests, agreements and obligations of the Senior Representatives, the Senior
Secured Parties, the Second Priority Representatives and the Second Priority Debt Parties hereunder shall remain in full force and effect irrespective of: 

(a) any lack of validity or enforceability of any Senior Debt Document or any Second Priority Debt Document; 

(b) any change in the time, manner or place of payment of, or in any other terms of, all or any of the Senior Obligations or
Second Priority Debt Obligations, or any amendment or waiver or other modification, including any increase in the amount thereof, whether by course of conduct or otherwise, of the terms of the Credit Agreement or any other Senior Debt Document or of
the terms of any Second Priority Debt Document; 
 (c) any exchange of any security interest in any Shared Collateral or any
other collateral or any amendment, waiver or other modification, whether in writing or by course of conduct or otherwise, of all or any of the Senior Obligations or Second Priority Debt Obligations or any guarantee thereof; 

  
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 (d) the commencement of any Insolvency or Liquidation Proceeding in respect of
the Company or any other Grantor; or 
 (e) any other circumstances that otherwise might constitute a defense available to,
or a discharge of, (i) the Company or any other Grantor in respect of the Senior Obligations or (ii) any Second Priority Representative or Second Priority Debt Party in respect of this Agreement. 

SECTION 7.04. Waiver of Liability; Indemnity. (a) Each Second Priority Representative, on behalf of itself and the related Second
Priority Debt Parties, agrees that the Senior Secured Parties and the Senior Representatives have no fiduciary duty to them or any other duty, express or implied, to them in respect of the maintenance and preservation of the Shared Collateral.
Neither the Senior Representatives nor any other Senior Secured Party nor any of their respective directors, officers, employees or agents will be liable for failure to demand, collect or realize upon any of the Shared Collateral or for any delay in
doing so, or will be under any obligation to sell or otherwise dispose of any Collateral upon the request of any Second Priority Representative or any other holder of Second Priority Debt Obligations or to take any other action whatsoever with
regard to the Shared Collateral or any part thereof. Without limiting the foregoing, each Second Priority Debt Party by accepting the benefits of the Second Priority Collateral Documents agrees that neither the Senior Representatives nor any other
Senior Secured Party (in directing the Designated Senior Representative to take any action with respect to the Shared Collateral) shall have any duty or obligation to realize first upon any type of Shared Collateral or to sell, dispose of or
otherwise liquidate all or any portion of the Shared Collateral in any manner that would maximize the return to any class of Secured Parties holding Secured Obligations of any type (whether Senior Obligations or Second Priority Debt Obligations),
notwithstanding that the order and timing of any such realization, sale, disposition or liquidation may affect the amount of proceeds actually received by such class of Secured Parties from such realization, sale, disposition or liquidation. 

(b) With respect to its share of the Secured Obligations, Deutsche Bank shall have and may exercise the same rights and powers hereunder as,
and shall be subject to the same obligations and liabilities as and to the extent set forth herein for, any other Secured Party, all as if Deutsche Bank were not the Administrative Agent or any other Representative hereunder. The term “Secured
Parties” or any similar term shall, unless the context clearly otherwise indicates, include Deutsche Bank in its individual capacity as a creditor. Deutsche Bank and its affiliates may lend money to, and generally engage in any kind of business
with, the Grantors or any of their affiliates as if Deutsche Bank were not acting as the Administrative Agent or any other Representative hereunder and without any duty to account therefor to any other Secured Party. 

SECTION 7.05. Exculpatory Provisions.

No Representative shall have any duties or obligations except those expressly set forth herein and in the other Collateral
Documents. Without limiting the generality of the foregoing, no Representative: 
 (a) shall be subject to any fiduciary or other
implied duties, regardless of whether a Default has occurred and is continuing; 

  
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 (b) shall have any duty to take any discretionary action or exercise any discretionary powers,
except discretionary rights and powers expressly contemplated hereby or by the other Collateral Documents that any Representative is required to exercise as directed in writing by the applicable Representative or the Second Priority Instructing
Group, as applicable; provided that no Representative shall be required to take any action that, in its opinion or the opinion of its counsel, may expose such Representative to liability or that is contrary to any Collateral Document or applicable
law; 
 (c) shall, except as expressly set forth herein and in the other Collateral Documents, have any duty to disclose, and shall not be
liable for the failure to disclose, any information relating to the Company or any of its Affiliates that is communicated to or obtained by the Person serving as Representative or any of its Affiliates in any capacity; 

(d) shall be liable for any action taken or not taken by it (i) with the consent or at the request of the applicable Representative or
the Second Priority Instructing Group, as applicable, (ii) in the absence of its own gross negligence or willful misconduct (as determined by a court of competent jurisdiction in a final and non-appealable judgment) or (iii) in reliance on
a certificate of a Responsible Officer of the Company stating that such action is not prohibited by the terms of this Agreement; and 
 (e)
shall be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Collateral Document, (ii) the contents of any certificate,
report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the
occurrence of any default, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any Collateral Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported
to be created by the Collateral Documents, (v) the value or the sufficiency of any Collateral with respect to any Senior Obligations or Second Priority Debt Obligations, as applicable, or (v) the satisfaction of any condition set forth in
any Senior Debt Document or Second Priority Debt Document, as applicable, other than to confirm receipt of items expressly required to be delivered to such Representative. 

ARTICLE VIII 
 Miscellaneous

 SECTION 8.01. Conflicts. Subject to Section 8.18, in the event of any conflict between the provisions of this Agreement
and the provisions of any Senior Debt Document or any Second Priority Debt Document, the provisions of this Agreement shall govern. Notwithstanding the foregoing, at all times during which there are two or more Senior Facilities outstanding the
relative rights and obligations of the Administrative Agent, the Senior Representatives and the Senior Secured Parties (as amongst themselves) with respect to any 

  
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Senior Collateral shall be governed by the terms of the First Lien Intercreditor Agreement and in the event of any conflict between the First Lien Intercreditor Agreement and this Agreement, the
provisions of the First Lien Intercreditor Agreement shall control. 
 SECTION 8.02. Continuing Nature of this Agreement;
Severability. Subject to Section 6.04, this Agreement shall continue to be effective until the Discharge of Senior Obligations shall have occurred. This is a continuing agreement of Lien subordination, and the Senior Secured Parties may
continue, at any time and without notice to the Second Priority Representatives or any Second Priority Debt Party, to extend credit and other financial accommodations and lend monies to or for the benefit of the Company or any Subsidiary
constituting Senior Obligations in reliance hereon. The terms of this Agreement shall survive and continue in full force and effect in any Insolvency or Liquidation Proceeding. Any provision of this Agreement that is prohibited or unenforceable in
any jurisdiction shall not invalidate the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. The parties shall endeavor
in good faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

SECTION 8.03. Amendments; Waivers. 

(a) No failure or delay on the part of any party hereto in exercising any right or power hereunder shall operate as a waiver thereof, nor
shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise thereof or the exercise of any other right or power. The rights
and remedies of the parties hereto are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or consent to any departure by any party therefrom shall in any event be
effective unless the same shall be permitted by paragraph (b) of this Section 8.03, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on any party
hereto in any case shall entitle such party to any other or further notice or demand in similar or other circumstances. 
 (b) Neither this
Agreement nor any provision hereof may be terminated, waived, amended or modified (other than pursuant to any Joinder Agreement) except pursuant to an agreement in writing entered into by each Representative (in each case, acting in accordance with
the documents governing the applicable Debt Facility); and with respect to any such termination, waiver, amendment or modification which by the terms of this Agreement requires the Company’s consent or which increases the obligations or reduces
the rights of the Company or any other Grantor, with the consent of the Company. Any such amendment, supplement or waiver shall be in writing and shall be binding upon the Senior Secured Parties and the Second Priority Debt Parties and their
respective successors and assigns. 
 (c) Notwithstanding the foregoing, without the consent of any Secured Party, any Representative may
become a party hereto by execution and delivery of a Joinder Agreement in accordance with Section 8.09 and upon such execution and delivery, such Representative and the Secured Parties and Senior Obligations or Second Priority Debt Obligations
of the Debt Facility for which such Representative is acting shall be subject to the terms hereof. 

  
 33 

 SECTION 8.04. Information Concerning the Financial Condition of the Company and the
Subsidiaries. The Senior Representatives, the Senior Secured Parties, the Second Priority Representatives and the Second Priority Debt Parties are not responsible for keeping any other person informed of (a) the financial condition of the
Company and the Subsidiaries and all endorsers or guarantors of the Senior Obligations or the Second Priority Debt Obligations and (b) all other circumstances bearing upon the risk of nonpayment of the Senior Obligations or the Second Priority
Debt Obligations. The Senior Representatives, the Senior Secured Parties, the Second Priority Representatives and the Second Priority Debt Parties shall have no duty to advise any other party hereunder of information known to it or them regarding
such condition or any such circumstances or otherwise. In the event that any Senior Representative, any Senior Secured Party, any Second Priority Representative or any Second Priority Debt Party, in its sole discretion, undertakes at any time or
from time to time to provide any such information to any other party, it shall be under no obligation to (i) make, and the Senior Representatives, the Senior Secured Parties, the Second Priority Representatives and the Second Priority Debt
Parties shall not make or be deemed to have made, any express or implied representation or warranty, including with respect to the accuracy, completeness, truthfulness or validity of any such information so provided, (ii) provide any additional
information or to provide any such information on any subsequent occasion, (iii) undertake any investigation or (iv) disclose any information that, pursuant to accepted or reasonable commercial finance practices, such party wishes to
maintain confidential or is otherwise required to maintain confidential. 
 SECTION 8.05. Subrogation. Each Second Priority
Representative, on behalf of itself and each Second Priority Debt Party under its Second Priority Debt Facility, hereby waives any rights of subrogation it may acquire as a result of any payment hereunder until the Discharge of Senior Obligations
has occurred. 
 SECTION 8.06. Application of Payments. Except as otherwise provided herein, all payments received by the Senior
Secured Parties may be applied, reversed and reapplied, in whole or in part, to such part of the Senior Obligations as the Senior Secured Parties, in their sole discretion, deem appropriate, consistent with the terms of the Senior Debt Documents.
Except as otherwise provided herein, each Second Priority Representative, on behalf of itself and each Second Priority Debt Party under its Second Priority Debt Facility, assents to any such extension or postponement of the time of payment of the
Senior Obligations or any part thereof and to any other indulgence with respect thereto, to any substitution, exchange or release of any security that may at any time secure any part of the Senior Obligations and to the addition or release of any
other Person primarily or secondarily liable therefor. 
 SECTION 8.07. Additional Grantors. The Company agrees that, if any
Subsidiary shall become a Grantor after the date hereof, it will promptly cause such Subsidiary to become party hereto by executing and delivering to the Designated Senior Representative and the Designated Second Priority Representative an
instrument in the form of Annex II. Upon such execution and delivery, such Subsidiary will become a Grantor hereunder with the same 

  
 34 

 
force and effect as if originally named as a Grantor herein. The execution and delivery of such instrument shall not require the consent of any other party hereunder. The rights and obligations
of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement. 

SECTION 8.08. Dealings with Grantors. Upon any application or demand by the Company or any Grantor to any Representative to take or
permit any action under any of the provisions of this Agreement or under any Collateral Document, at the request of such Representative, the Company or such Grantor, as appropriate, shall furnish to such Representative an Officer’s Certificate
stating that all conditions precedent, if any, provided for in this Agreement or such Collateral Document, as the case may be, relating to the proposed action have been complied with, except that in the case of any such application or demand as to
which the furnishing of such documents is specifically required by any provision of this Agreement or any Collateral Document relating to such particular application or demand, no additional certificate or opinion need be furnished. 

SECTION 8.09. Additional Debt Facilities. To the extent, but only to the extent, permitted by the provisions of the Senior Debt
Documents and the Second Priority Debt Documents, the Company may incur or issue and sell one or more series or classes of Second Priority Debt and one or more series or classes of Additional Senior Debt. Any such additional class or series of
Second Priority Debt (the “Second Priority Class Debt”) may be secured by a second priority, subordinated Lien on Shared Collateral, in each case under and pursuant to the relevant Second Priority Collateral Documents for such
Second Priority Class Debt, if and subject to the condition that the Representative of any such Second Priority Class Debt (each, a “Second Priority Class Debt Representative”), acting on behalf of the holders of such Second
Priority Class Debt (such Representative and holders in respect of any Second Priority Class Debt being referred to as the “Second Priority Class Debt Parties”), becomes a party to this Agreement by satisfying conditions
(i) through (v), as applicable, of the immediately succeeding paragraph. Any such additional class or series of Senior Facilities (the “Senior Class Debt”; and the Senior Class Debt and Second Priority Class Debt, collectively,
the “Class Debt”) may be secured by a Lien on the Shared Collateral, in each case under and pursuant to the Senior Collateral Documents, if and subject to the condition that the Representative of any such Senior Class Debt (each, a
“Senior Class Debt Representative”; and the Senior Class Debt Representatives and Second Priority Class Debt Representatives, collectively, the “Class Debt Representatives”), acting on behalf of the holders of such
Senior Class Debt (such Representative and holders in respect of any such Senior Class Debt being referred to as the “Senior Class Debt Parties”, and the Senior Class Debt Parties and Second Priority Class Debt Parties,
collectively, the “Class Debt Parties”), becomes a party to this Agreement by satisfying the conditions set forth in clauses (i) through (v), as applicable, of the immediately succeeding paragraph. In order for a Class Debt
Representative to become a party to this Agreement as a Representative: 
 (i) such Class Debt Representative, each
Representative and each Grantor shall have executed and delivered a Joinder Agreement substantially in the form of Annex III (if such Representative is a Second Priority Class Debt Representative) or Annex IV (if such Representative is a Senior
Class Debt Representative) (with such changes as may be reasonably approved by each Representative and such Class Debt 

  
 35 

 
Representative) pursuant to which it becomes a Representative hereunder, and the Class Debt in respect of which such Class Debt Representative is the Representative and the related Class Debt
Parties become subject hereto and bound hereby; 
 (ii) the Company shall have delivered to the Designated Senior
Representative and the Designated Second Priority Representative an Officer’s Certificate identifying the obligations to be designated as Additional Senior Debt Obligations or Second Priority Debt Obligations, as applicable, and the initial
aggregate principal amount or face amount thereof and certifying (i) that the conditions set forth in this Section 8.09 are satisfied with respect to such Class Debt and (ii) that such obligations are permitted to be incurred and
secured (I) in the case of Additional Senior Debt Obligations, on a senior basis under each of the Senior Debt Documents and each of the Second Priority Debt Documents and (II) in the case of Second Priority Debt Obligations, on a junior basis
under each of the Second Priority Debt Documents and each of the Senior Debt Documents, and, if requested, true and complete copies of each of the Second Priority Debt Documents or Senior Debt Documents, as applicable, relating to such Class Debt,
certified as being true and correct by a Responsible Officer of the Company; 
 (iii) in the case of any Second Priority
Class Debt, all filings, recordations and/or amendments or supplements to the Second Priority Collateral Documents necessary to confirm and perfect the second priority Liens securing the relevant Second Priority Debt Obligations relating to such
Class Debt shall have been made, executed and/or delivered (or, with respect to any such filings or recordations, acceptable provisions to perform such filings or recordings have been taken), and all fees and taxes in connection therewith shall have
been paid (or provisions to make such payments shall have been taken); 
 (iv) in the case of any Senior Class Debt, all
filings, recordations and/or amendments or supplements to the Senior Collateral Documents necessary or desirable in the reasonable opinion of the Designated Senior Representative to confirm and perfect the Senior Liens securing the relevant Senior
Obligations relating to such Class Debt shall have been made, executed and/or delivered (or, with respect to any such filings or recordations, acceptable provisions to perform such filings or recordings have been taken in the reasonable judgment of
the Designated Senior Representative), and all fees and taxes in connection therewith shall have been paid (or acceptable provisions to make such payments shall have been taken in the reasonable judgment of the Designated Senior Representative); and

 (v) the Second Priority Debt Documents or Senior Debt Documents, as applicable, relating to such Class Debt shall provide,
in a manner reasonably satisfactory to the Designated Senior Representative, that each Class Debt Party with respect to such Class Debt will be subject to and bound by the provisions of this Agreement in its capacity as a holder of such Class Debt.

  
 36 

 SECTION 8.10. Consent to Jurisdiction; Waivers. Each Representative, on behalf of itself
and the Secured Parties of the Debt Facility for which it is acting, irrevocably and unconditionally: 
 (a) submits for
itself and its property in any legal action or proceeding relating to this Agreement and the Collateral Documents, or for recognition and enforcement of any judgment in respect thereof, to the exclusive jurisdiction of the courts of the State of New
York located in the state, county and city of New York, the courts of the United States of America for the Southern District of New York, and appellate courts from any thereof; 

(b) consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or
hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient forum and agrees not to plead or claim the same; 

(c) agrees that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or
certified mail (or any substantially similar form of mail), postage prepaid, to such Person (or its Representative) at the address referred to in Section 8.11; 

(d) agrees that nothing herein shall affect the right of any other party hereto (or any Secured Party) to effect service of
process in any other manner permitted by law; and 
 (e) waives, to the maximum extent not prohibited by law, any right it
may have to claim or recover in any legal action or proceeding referred to in this Section 8.10 any special, exemplary, punitive or consequential damages. 

SECTION 8.11. Notices. All notices, requests, demands and other communications provided for or permitted hereunder shall be in writing
and shall be sent: 
  

	 	(i)	if to the Company or any Grantor, to the Company, at its address at: 

 Alliance One
International, Inc. 
 8001 Aerial Center Parkway, Post Office Box 2009, 

Morrisville, NC 27560-2009 

Attention: Treasurer, Fax No.: 919-379-4131 
  

	 	(ii)	if to the Initial Second Priority Representative to it at: 

 Law Debenture Trust Company of New
York 
 400 Madison Avenue 

New York, NY 10017 
 Facsimile
No.: (212) 750-1361 
 Attention: James Heaney 
  

	 	(iii)	if to the Administrative Agent, to it at: 

 Deutsche Bank Trust Company Americas 

60 Wall Street, NYC60-0208, 2nd Floor 

New York, New York 10005-2858 

Attention: Scottye Lindsey, Fax No.: 646-736-7095 

Email: scottye.d.lindsey@db.com 

  
 37 

 (iv) if to any other Representative, to it at the address specified by it in the
Joinder Agreement delivered by it pursuant to Section 8.09. 
 Unless otherwise specifically provided herein, any notice or other communication herein
required or permitted to be given shall be in writing and, may be personally served, telecopied, electronically mailed or sent by courier service or U.S. mail and shall be deemed to have been given when delivered in person or by courier service,
upon receipt of a telecopy or electronic mail or upon receipt via U.S. mail (registered or certified, with postage prepaid and properly addressed). For the purposes hereof, the addresses of the parties hereto shall be as set forth above or, as to
each party, at such other address as may be designated by such party in a written notice to all of the other parties. As agreed to in writing among each Representative from time to time, notices and other communications may also be delivered by
e-mail to the e-mail address of a representative of the applicable person provided from time to time by such person. 
 SECTION 8.12.
Further Assurances. Each Senior Representative, on behalf of itself and each Senior Secured Party under the Senior Debt Facility for which it is acting, each Second Party Representative, on behalf of itself, and each Second Priority Debt
Party under the Second Priority Debt Facility for which it is acting, agrees that it will take at the Company’s expense such further action and shall execute and deliver such additional documents and instruments (in recordable form, if
requested) as the other parties hereto may reasonably request to effectuate the terms of, and the Lien priorities contemplated by, this Agreement. 

SECTION 8.13. GOVERNING LAW; WAIVER OF JURY TRIAL. 

(A) THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO THE PRINCIPLES OF CONFLICTS OF LAWS, EXCEPT AS REQUIRED BY MANDATORY PROVISIONS OF LAW. 

(B) EACH PARTY HERETO HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS
AGREEMENT AND FOR ANY COUNTERCLAIM THEREIN. 
 SECTION 8.14. Binding on Successors and Assigns. This Agreement shall be binding
upon the Senior Representatives, the Senior Secured Parties, the Second Priority Representatives, the Second Priority Debt Parties, the Company, the other Grantors party hereto and their respective successors and permitted assigns. 

SECTION 8.15. Section Titles. The section titles contained in this Agreement are and shall be without substantive meaning or content of
any kind whatsoever and are not a part of this Agreement. 

  
 38 

 SECTION 8.16. Counterparts. This Agreement may be executed in one or more counterparts,
including by means of facsimile or other electronic transmission, each of which shall be an original and all of which shall together constitute one and the same document. Delivery of an executed signature page to this Agreement by facsimile or other
electronic transmission shall be as effective as delivery of a manually signed counterpart of this Agreement. 
 SECTION 8.17.
Authorization. By its signature, each Person executing this Agreement on behalf of a party hereto represents and warrants to the other parties hereto that it is duly authorized to execute this Agreement. The Administrative Agent represents
and warrants that this Agreement is binding upon the Credit Agreement Secured Parties. The Initial Second Priority Representative represents and warrants that this Agreement is binding upon the Initial Second Priority Debt Parties. 

SECTION 8.18. No Third Party Beneficiaries; Successors and Assigns. The Lien priorities set forth in this Agreement and the rights and
benefits hereunder in respect of such Lien priorities shall inure solely to the benefit of the Senior Representatives, the Senior Secured Parties, the Second Priority Representatives and the Second Priority Debt Parties, and their respective
permitted successors and assigns, and no other Person (including the Grantors, or any trustee, receiver, debtor-in-possession or bankruptcy estate in a bankruptcy or like proceeding) shall have or be entitled to assert such rights. 

SECTION 8.19. Effectiveness. This Agreement shall become effective when executed and delivered by the parties hereto. 

SECTION 8.20. Administrative Agent and Representative. It is understood and agreed that (a) the Administrative Agent is entering
into this Agreement in its capacity as administrative agent and collateral agent under the Credit Agreement and the provisions of Article VIII of the Credit Agreement applicable to the Agents (as defined therein) thereunder shall also apply to the
Administrative Agent hereunder and (b) Law Debenture Trust Company of New York, is entering into this Agreement in its capacity as Trustee under that certain indenture dated as of August 1, 2013 and the provisions of Article 7 of such
indenture applicable to the Trustee thereunder shall also apply to the Trustee hereunder. 
 SECTION 8.21. Relative Rights. The
provisions of this Agreement are and are intended solely for the purpose of defining the relative rights of the Senior Secured Parties and the Second Priority Debt parties in relation to one another. Notwithstanding anything in this Agreement to the
contrary (except to the extent contemplated by Section 5.01(a), 5.01(d) or 5.03(b)), nothing in this Agreement is intended to or will (a) amend, waive or otherwise modify the provisions of the Credit Agreement, any other Senior Debt
Document or any Second Priority Debt Documents, or permit the Company or any other Grantor to take any action, or fail to take any action, to the extent such action or failure would otherwise constitute a breach of, or default under, the Credit
Agreement or any other Senior Debt Document or any Second Priority Debt Documents, (b) change the relative priorities of the Senior Obligations or the Liens granted under the Senior Collateral Documents on the Shared Collateral (or any other
assets) as among the Senior Secured Parties, (c) otherwise change the relative rights of the Senior Secured Parties in respect of the Shared Collateral as among such Senior Secured Parties or (d) obligate the Company or any other Grantor
to take any action, or fail to take any action, that would otherwise constitute a breach of, or default under, the Credit Agreement or any other Senior Debt Document or any Second Priority Debt Document. 

  
 39 

 SECTION 8.22. Survival of Agreement. All covenants, agreements, representations and
warranties made by any party in this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement. 

SECTION 8.23. Severability. Any provision of this Agreement that is invalid, illegal, prohibited or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality, prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall
not invalidate or render unenforceable such provision in any other jurisdiction. The parties shall endeavor in good faith negotiations to replace the invalid, illegal, prohibited or unenforceable provisions with valid provisions the economic effect
of which comes as close as possible to that of the invalid, illegal, prohibited or unenforceable provisions. 
 SECTION 8.24. Specific
Performance. Each of the Designated Senior Representative and the Designated Second Priority Representative may demand specific performance of this Agreement. Each Senior Representative, on behalf of itself and the related Senior Secured
Parties, and each Second Priority Representative, on behalf of itself and the related Second Priority Debt Parties, hereby irrevocably waives any defense based on the adequacy of a remedy at law and any other defense which might be asserted to bar
the remedy of specific performance in any action which may be brought by any Senior Representative or any Second Priority Representative, as the case may be. 

SECTION 8.25. Right of a Representative to Continue. Any Person serving as a Representative for a Debt Facility shall be entitled to
continue, including to continue to perform his, her or its rights, obligations and duties, as such Representative, notwithstanding whether any such Person has served or is serving as Representative for another Debt Facility. Without limiting the
generality of the preceding sentence of this Section 8.25, any Person serving as a Representative for a Debt Facility shall be entitled to continue to so serve in such capacity (including to continue to perform any of such Representative’s
rights, obligations, and/or duties) even if any such Person has resigned as Representative for another Debt Facility, but such resignation has not become effective for any reason, including because a successor Representative for such other Debt
Facility has not been appointed or has accepted such appointment, without any liability to any of the Secured Parties related to such other Debt Facility by virtue of any such resignation and any of the circumstances relating in any manner
whatsoever to such resignation. 
 SECTION 8.26. Rule of Interpretation. This Agreement is a product of negotiations among
representatives of, and has been reviewed by counsel to, each of the Administrative Agent and the Initial Second Priority Representative and each Grantor and is the product of those Persons on behalf of themselves and the Credit Agreement Secured
Parties (in the case of the Administrative Agent) and the Initial Second Priority Debt Parties (in the case of the Initial Second Priority Representative). Accordingly, this Agreement’s provisions shall not be construed against, or in favor of,
any party or other Person merely by virtue of the extent of that party or other Person’s involvement, or lack of involvement, in the preparation of this Agreement and of any of its specific provisions. 

  
 40 

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

					
	DEUTSCHE BANK TRUST COMPANY AMERICAS,
as Representative for the Credit Agreement Secured Parties
		
	By:	 	 /s/ Dusan Lazarov

		 	Name:	 	Dusan Lazarov
		 	Title:	 	Director
		
	By:	 	 /s/ Michael Getz

		 	Name:	 	Michael Getz
		 	Title:	 	Vice President

 [Alliance One - Signature Page to Intercreditor Agreement] 

 
					
	LAW DEBENTURE TRUST COMPANY OF NEW YORK,
	as Second Priority Representative
		
	By:	 	 /s/ Frank Godino

		 	Name:	 	Frank Godino
		 	Title:	 	Vice President

 [Alliance One - Signature Page to Intercreditor Agreement] 

 
					
	ALLIANCE ONE INTERNATIONAL, INC.
		
	By:	 	 /s/ Joel Thomas

		 	Name:	 	Joel Thomas
		 	Title:	 	Vice President & Treasurer

 [Alliance One - Signature Page to Intercreditor Agreement] 

 ANNEX II 

SUPPLEMENT NO.      dated as of
                    , to the INTERCREDITOR AGREEMENT dated as of             , 2013 (the
“Intercreditor Agreement”), among Alliance One International, Inc., a Virginia corporation (the “Company”), certain subsidiaries and affiliates of the Company (each a “Grantor”), DEUTSCHE BANK TRUST
COMPANY AMERICAS, as Administrative Agent under the Credit Agreement, Law Debenture Trust Company of New York, as Initial Second Priority Representative, and the additional Representatives from time to time a party thereto. 

A. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Intercreditor
Agreement. 
 B. The Grantors have entered into the Intercreditor Agreement. Pursuant to the Credit Agreement, certain Additional Senior
Debt Documents and certain Second Priority Debt Documents, certain newly acquired or organized Subsidiaries of the Company are required to enter into the Intercreditor Agreement. Section 8.07 of the Intercreditor Agreement provides that such
Subsidiaries may become party to the Intercreditor Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary (the “New Grantor”) is executing this Supplement in accordance with
the requirements of the Credit Agreement, the Second Priority Debt Documents and Additional Senior Debt Documents. 
 Accordingly, the
Designated Senior Representative, the Designated Second Priority Representative and the New Grantor agree as follows: 
 SECTION 1. In
accordance with Section 8.07 of the Intercreditor Agreement, the New Grantor by its signature below becomes a Grantor under the Intercreditor Agreement with the same force and effect as if originally named therein as a Grantor, and the New
Grantor hereby agrees to all the terms and provisions of the Intercreditor Agreement applicable to it as a Grantor thereunder. Each reference to a “Grantor” in the Intercreditor Agreement shall be deemed to include the New Grantor. The
Intercreditor Agreement is hereby incorporated herein by reference. 
 SECTION 2. The New Grantor represents and warrants to the Designated
Senior Representative, the Designated Second Priority Representative and the other Secured Parties that this Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable
against it in accordance with its terms, except as such enforceability may be limited by Bankruptcy Laws and by general principles of equity. 

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

 SECTION 4. Except as expressly supplemented hereby, the Intercreditor Agreement shall remain in
full force and effect. 
 SECTION 5. THIS SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 6. In case any one or more of the provisions contained in
this Supplement should be held invalid, illegal or unenforceable in any respect, no party hereto shall be required to comply with such provision for so long as such provision is held to be invalid, illegal or unenforceable, but the validity,
legality and enforceability of the remaining provisions contained herein and in the Intercreditor Agreement shall not in any way be affected or impaired. The parties hereto shall endeavor in good faith negotiations to replace the invalid, illegal or
unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

SECTION 7. All communications and notices hereunder shall be in writing and given as provided in Section 8.11 of the Intercreditor
Agreement. All communications and notices hereunder to the New Grantor shall be given to it in care of the Company as specified in the Intercreditor Agreement. 

SECTION 8. The Company agrees to reimburse the Designated Senior Representative and the Designated Second Priority Representative for their
reasonable out-of-pocket expenses in connection with this Supplement, including the reasonable fees, other charges and disbursements of counsel for the Designated Senior Representative and the Designated Second Priority Representative. 

  
 2 

 IN WITNESS WHEREOF, the New Grantor, the Designated Senior Representative and the Designated
Second Priority Representative have duly executed this Supplement to the Intercreditor Agreement as of the day and year first above written. 
  

			
	[NAME OF NEW GRANTOR],
		
	By:	 	  

		 	Name:
		 	Title:

  

					
	Acknowledged by:
	
	[                    ], as Designated Senior Representative,
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	[                    ], as Designated Second Priority Representative,
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

 ANNEX III 

[FORM OF] REPRESENTATIVE SUPPLEMENT NO. [    ] dated as of
[            ], 20[    ] to the INTERCREDITOR AGREEMENT dated as [            ], 2013 (the
“Intercreditor Agreement”), among Alliance One International, Inc., a Virginia corporation (the “Company”), certain subsidiaries and affiliates of the Company (each a “Grantor”), Deutsche
Bank Trust Company Americas, as Administrative Agent under the Credit Agreement, Law Debenture Trust Company of New York, as Initial Second Priority Representative, and the additional Representatives from time to time a party thereto. 

A. Capitalized terms used herein but not otherwise defined herein shall have the meanings assigned to such terms in the Intercreditor
Agreement. 
 B. As a condition to the ability of the Company to incur Second Priority Class Debt and to secure such Second Priority Class
Debt with the Second Priority Lien and to have such Second Priority Class Debt guaranteed by the Grantors on a subordinated basis, in each case under and pursuant to the Second Priority Collateral Documents, the Second Priority Class Debt
Representative in respect of such Second Priority Class Debt is required to become a Representative under, and such Second Priority Class Debt and the Second Priority Class Debt Parties in respect thereof are required to become subject to and bound
by, the Intercreditor Agreement. Section 8.09 of the Intercreditor Agreement provides that such Second Priority Class Debt Representative may become a Representative under, and such Second Priority Class Debt and such Second Priority Class Debt
Parties may become subject to and bound by, the Intercreditor Agreement as Second Priority Debt Obligations and Second Priority Debt Parties, respectively, pursuant to the execution and delivery by the Second Priority Class Debt Representative of an
instrument in the form of this Representative Supplement and the satisfaction of the other conditions set forth in Section 8.09 of the Intercreditor Agreement. The undersigned Second Priority Class Debt Representative (the “New
Representative”) is executing this Supplement in accordance with the requirements of the Senior Debt Documents and the Second Priority Debt Documents. 

Accordingly, the Designated Senior Representative and the New Representative agree as follows: 

SECTION 1. In accordance with Section 8.09 of the Intercreditor Agreement, the New Representative by its signature below becomes a
Representative under, and the related Second Priority Class Debt and Second Priority Class Debt Parties become subject to and bound by, the Intercreditor Agreement as Second Priority Debt Obligations and Second Priority Debt Parties, respectively,
with the same force and effect as if the New Representative had originally been named therein as a Representative, and the New Representative, on behalf of itself and such Second Priority Class Debt Parties, hereby agrees to all the terms and
provisions of the Intercreditor Agreement applicable to it as a Second Priority Representative and to the Second Priority Class Debt Parties that it represents as Second Priority Debt Parties. Each reference to a “Representative” or
“Second Priority Representative” in the Intercreditor Agreement shall be deemed to include the New Representative. The Intercreditor Agreement is hereby incorporated herein by reference. 

 SECTION 2. The New Representative represents and warrants to the Designated Senior Representative
and the other Secured Parties that (i) it has full power and authority to enter into this Representative Supplement, in its capacity as [agent] [trustee], (ii) this Representative Supplement has been duly authorized, executed and delivered
by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms of such Agreement and (iii) the Second Priority Debt Documents relating to such Second Priority Class Debt provide that, upon the
New Representative’s entry into this Agreement, the Second Priority Class Debt Parties in respect of such Second Priority Class Debt will be subject to and bound by the provisions of the Intercreditor Agreement as Second Priority Debt Parties.

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

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

SECTION 5. THIS REPRESENTATIVE SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 6. In case any one or more of the provisions contained in this
Representative Supplement should be held invalid, illegal or unenforceable in any respect, no party hereto shall be required to comply with such provision for so long as such provision is held to be invalid, illegal or unenforceable, but the
validity, legality and enforceability of the remaining provisions contained herein and in the Intercreditor Agreement shall not in any way be affected or impaired. The parties hereto shall endeavor in good faith negotiations to replace the invalid,
illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

SECTION 7. All communications and notices hereunder shall be in writing and given as provided in Section 8.11 of the Intercreditor
Agreement. All communications and notices hereunder to the New Representative shall be given to it at the address set forth below its signature hereto. 

SECTION 8. The Company agrees to reimburse the Designated Senior Representative for its reasonable out-of-pocket expenses in connection with
this Representative Supplement, including the reasonable fees, other charges and disbursements of counsel for the Designated Senior Representative. 

  
 2 

 IN WITNESS WHEREOF, the New Representative and the Designated Senior Representative have duly
executed this Representative Supplement to the Intercreditor Agreement as of the day and year first above written. 
  

					
	[NAME OF NEW REPRESENTATIVE],
	as [                    ] for the holders of
	[                    ],
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

 
					
	
	Address for notices:
		
	         	 	  

		
		 	  

			
		 	attention of:	 	  

			
		 	Telecopy:	 	  

 
					
	
	 [                    ],

as Designated Senior Representative,

		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

			
	Acknowledged by:
	
	ALLIANCE ONE INTERNATIONAL, INC.,
		
	By:	 	  

		 	Name:
		 	Title:
	
	THE GRANTORS
	LISTED ON SCHEDULE I HERETO,
		
	By:	 	  

		 	Name:
		 	Title:

 Schedule I to the 

Representative Supplement to the 

Intercreditor Agreement 

Grantors 

 ANNEX IV 

[FORM OF] REPRESENTATIVE SUPPLEMENT NO. [    ] dated as of
[            ], 20[    ] to the INTERCREDITOR AGREEMENT dated as of             , 2013 (the
“Intercreditor Agreement”), among Alliance One International, Inc., a Virginia Corporation (the “Company”), certain subsidiaries and affiliates of the Company (each a “Grantor”), Deutsche Bank Trust
Company Americas, as Administrative Agent under the Credit Agreement, Law Debenture Trust Company of New York, as Initial Second Priority Representative, and the additional Representatives from time to time a party thereto. 

A. Capitalized terms used herein but not otherwise defined herein shall have the meanings assigned to such terms in the Intercreditor
Agreement. 
 B. As a condition to the ability of the Company to incur Senior Class Debt after the date of the Intercreditor Agreement and
to secure such Senior Class Debt with the Senior Lien and to have such Senior Class Debt guaranteed by the Grantors on a senior basis, in each case under and pursuant to the Senior Collateral Documents, the Senior Class Debt Representative in
respect of such Senior Class Debt is required to become a Representative under, and such Senior Class Debt and the Senior Class Debt Parties in respect thereof are required to become subject to and bound by, the Intercreditor Agreement.
Section 8.09 of the Intercreditor Agreement provides that such Senior Class Debt Representative may become a Representative under, and such Senior Class Debt and such Senior Class Debt Parties may become subject to and bound by, the
Intercreditor Agreement pursuant to the execution and delivery by the Senior Class Debt Representative of an instrument in the form of this Representative Supplement and the satisfaction of the other conditions set forth in Section 8.09 of the
Intercreditor Agreement. The undersigned Senior Class Debt Representative (the “New Representative”) is executing this Supplement in accordance with the requirements of the Senior Debt Documents and the Second Priority Debt
Documents. 
 Accordingly, the Designated Senior Representative and the New Representative agree as follows: 

SECTION 1. In accordance with Section 8.09 of the Intercreditor Agreement, the New Representative by its signature below becomes a
Representative under, and the related Senior Class Debt and Senior Class Debt Parties become subject to and bound by, the Intercreditor Agreement with the same force and effect as if the New Representative had originally been named therein as a
Representative, and the New Representative, on behalf of itself and such Senior Class Debt Parties, hereby agrees to all the terms and provisions of the Intercreditor Agreement applicable to it as a Senior Representative and to the Senior Class Debt
Parties that it represents as Senior Class Debt Parties. Each reference to a “Representative” or “Senior Representative” in the Intercreditor Agreement shall be deemed to include the New Representative. The
Intercreditor Agreement is hereby incorporated herein by reference. 
 SECTION 2. The New Representative represents and warrants to the
Designated Senior Representative and the other Secured Parties that (i) it has full power and authority to enter into this Representative Supplement, in its capacity as [agent] [trustee], (ii) this Representative Supplement has been duly
authorized, executed and delivered by it and 

 
constitutes its legal, valid and binding obligation, enforceable against it in accordance with the terms of such Agreement and (iii) the Senior Debt Documents relating to such Senior Class
Debt provide that, upon the New Representative’s entry into this Agreement, the Senior Class Debt Parties in respect of such Senior Class Debt will be subject to and bound by the provisions of the Intercreditor Agreement as Senior Secured
Parties. 
 SECTION 3. This Representative Supplement may be executed in counterparts, each of which shall constitute an original, but all
of which when taken together shall constitute a single contract. This Representative Supplement shall become effective when the Designated Senior Representative shall have received a counterpart of this Representative Supplement that bears the
signature of the New Representative. Delivery of an executed signature page to this Representative Supplement by facsimile or other electronic transmission shall be effective as delivery of a manually signed counterpart of this Representative
Supplement. 
 SECTION 4. Except as expressly supplemented hereby, the Intercreditor Agreement shall remain in full force and effect. 

SECTION 5. THIS REPRESENTATIVE SUPPLEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 6. In case any one or more of the provisions contained in this
Representative Supplement should be held invalid, illegal or unenforceable in any respect, no party hereto shall be required to comply with such provision for so long as such provision is held to be invalid, illegal or unenforceable, but the
validity, legality and enforceability of the remaining provisions contained herein and in the Intercreditor Agreement shall not in any way be affected or impaired. The parties hereto shall endeavor in good faith negotiations to replace the invalid,
illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

SECTION 7. All communications and notices hereunder shall be in writing and given as provided in Section 8.11 of the Intercreditor
Agreement. All communications and notices hereunder to the New Representative shall be given to it at the address set forth below its signature hereto. 

SECTION 8. The Company agrees to reimburse the Designated Senior Representative for its reasonable out-of-pocket expenses in connection with
this Representative Supplement, including the reasonable fees, other charges and disbursements of counsel for the Designated Senior Representative as required by the applicable Senior Debt Documents. 

  
 2 

 IN WITNESS WHEREOF, the New Representative and the Designated Senior Representative have duly
executed this Representative Supplement to the Intercreditor Agreement as of the day and year first above written. 
  

					
	[NAME OF NEW REPRESENTATIVE],
	as [                    ] for the holders of
	[                    ],
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

 
					
	
	Address for notices:
		
	         	 	  

		
		 	  

			
		 	attention of:	 	  

			
		 	Telecopy:	 	  

 
					
	
	 [                    ],

as Designated Senior Representative,

		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

			
	Acknowledged by:
	
	ALLIANCE ONE INTERNATIONAL, INC.,
		
	By:	 	  

		 	Name:
		 	Title:
	
	THE GRANTORS
	LISTED ON SCHEDULE I HERETO,
		
	By:	 	  

		 	Name:
		 	Title:

 Schedule I to the 

Representative Supplement to the 

Intercreditor Agreement 

GrantorsEX-4.4

 Exhibit 4.4 
  

 
 COLLATERAL TRUST AGREEMENT

 dated as of August 1, 2013 

among 
 ALLIANCE ONE
INTERNATIONAL, INC., 
 the other Grantors from time to time party hereto, 

LAW DEBENTURE TRUST COMPANY OF NEW YORK, 

as Trustee under the Indenture 

and 
 LAW DEBENTURE TRUST
COMPANY OF NEW YORK, 
 as Collateral Trustee 
  

 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	
	ARTICLE 1.	  
	
	DEFINITIONS; PRINCIPLES OF CONSTRUCTION	  
			
	 Section 1.1
	 	 Defined Terms
	  	 	1	  
	 Section 1.2
	 	 Other Definition Provisions
	  	 	10	  
	
	ARTICLE 2.	  
	
	THE TRUST ESTATES	  
			
	 Section 2.1
	 	 Declaration of Trust
	  	 	11	  
	 Section 2.2
	 	 Collateral Shared Equally and Ratably
	  	 	12	  
	
	ARTICLE 3.	  
	
	OBLIGATIONS AND POWERS OF COLLATERAL TRUSTEE	  
			
	 Section 3.1
	 	 Appointment and Undertaking of the Collateral Trustee
	  	 	12	  
	 Section 3.2
	 	 Release or Subordination of Liens
	  	 	14	  
	 Section 3.3
	 	 Enforcement of Liens
	  	 	14	  
	 Section 3.4
	 	 Application of Proceeds
	  	 	14	  
	 Section 3.5
	 	 Powers of the Collateral Trustee
	  	 	15	  
	 Section 3.6
	 	 Documents and Communications
	  	 	16	  
	 Section 3.7
	 	 For Sole and Exclusive Benefit of the Parity Lien Secured Parties
	  	 	16	  
	 Section 3.8
	 	 Additional Parity Lien Debt
	  	 	16	  
	
	ARTICLE 4.	  
	
	OBLIGATIONS ENFORCEABLE BY THE ISSUER AND THE OTHER GRANTORS	  
			
	 Section 4.1
	 	 Release or Subordination of Liens on Collateral
	  	 	19	  
	 Section 4.2
	 	 Delivery of Copies to Parity Lien Representatives
	  	 	21	  
	 Section 4.3
	 	 Collateral Trustee not Required to Serve, File or Record
	  	 	21	  
	 Section 4.4
	 	 Release of Liens in Respect of any Series of Parity Lien Debt
	  	 	21	  
	
	ARTICLE 5.	  
	
	IMMUNITIES OF THE COLLATERAL TRUSTEE	  
			
	 Section 5.1
	 	 No Implied Duty
	  	 	22	  
	 Section 5.2
	 	 Appointment of Agents and Advisors
	  	 	23	  
	 Section 5.3
	 	 Other Agreements
	  	 	23	  
	 Section 5.4
	 	 Solicitation of Instructions
	  	 	23	  

  
 i 

							
	 Section 5.5
	 	 Limitation of Liability
	  	 	23	  
	 Section 5.6
	 	 Documents in Satisfactory Form
	  	 	23	  
	 Section 5.7
	 	 Entitled to Rely
	  	 	23	  
	 Section 5.8
	 	 Parity Lien Debt Default
	  	 	24	  
	 Section 5.9
	 	 Actions by Collateral Trustee
	  	 	24	  
	 Section 5.10
	 	 Security or Indemnity in favor of the Collateral Trustee
	  	 	24	  
	 Section 5.11
	 	 Rights of the Collateral Trustee
	  	 	24	  
	 Section 5.12
	 	 Limitations on Duty of Collateral Trustee in Respect of Collateral
	  	 	25	  
	 Section 5.13
	 	 Assumption of Rights, Not Assumption of Duties
	  	 	25	  
	 Section 5.14
	 	 No Liability for Clean Up of Hazardous Materials
	  	 	26	  
	
	ARTICLE 6.	  
	
	RESIGNATION AND REMOVAL OF THE COLLATERAL TRUSTEE	  
			
	 Section 6.1
	 	 Resignation or Removal of Collateral Trustee
	  	 	26	  
	 Section 6.2
	 	 Appointment of Successor Collateral Trustee
	  	 	26	  
	 Section 6.3
	 	 Succession
	  	 	27	  
	 Section 6.4
	 	 Merger, Conversion or Consolidation of Collateral Trustee
	  	 	27	  
	
	ARTICLE 7.	  
	
	MISCELLANEOUS PROVISIONS	  
			
	 Section 7.1
	 	 Amendment
	  	 	28	  
	 Section 7.2
	 	 Voting
	  	 	29	  
	 Section 7.3
	 	 Further Assurances
	  	 	29	  
	 Section 7.4
	 	 Successors and Assigns
	  	 	30	  
	 Section 7.5
	 	 Delay and Waiver
	  	 	30	  
	 Section 7.6
	 	 Notices
	  	 	31	  
	 Section 7.7
	 	 Entire Agreement
	  	 	32	  
	 Section 7.8
	 	 Compensation; Expenses
	  	 	32	  
	 Section 7.9
	 	 Indemnity
	  	 	33	  
	 Section 7.10
	 	 Severability
	  	 	33	  
	 Section 7.11
	 	 Section Headings
	  	 	33	  
	 Section 7.12
	 	 Obligations Secured
	  	 	34	  
	 Section 7.13
	 	 Governing Law
	  	 	34	  
	 Section 7.14
	 	 Consent to Jurisdiction
	  	 	34	  
	 Section 7.15
	 	 Waiver of Jury Trial
	  	 	34	  
	 Section 7.16
	 	 Counterparts
	  	 	35	  
	 Section 7.17
	 	 Grantors and Additional Grantors
	  	 	35	  
	 Section 7.18
	 	 Insolvency
	  	 	35	  
	 Section 7.19
	 	 Rights and Immunities of Parity Lien Representatives
	  	 	35	  
	 Section 7.20
	 	 Intercreditor Agreement
	  	 	35	  

  
 ii 

			
	EXHIBIT A	  	Form of Additional Parity Lien Debt Designation
	EXHIBIT B	  	Form of Collateral Trust Joinder – Additional Parity Lien Debt
	EXHIBIT C	  	Form of Collateral Trust Joinder – Additional Grantor

  
 iii 

 This COLLATERAL TRUST AGREEMENT (as amended, supplemented, amended and restated or otherwise
modified from time to time in accordance with Section 7.1 hereof, this “Agreement”), dated as of August 1, 2013, is made by and among ALLIANCE ONE INTERNATIONAL, INC., a Virginia corporation (the
“Issuer”), the other Grantors from time to time party hereto, LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Trustee (as defined below), and LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Collateral Trustee (in such
capacity and together with its successors in such capacity, the “Collateral Trustee”). 
 W
I T N E S S E T H: 
 WHEREAS, the Issuer intends to issue 9.875% Senior
Secured Second Lien Notes due 2021 (including any related exchange notes, the “Notes”) in an aggregate principal amount of $735,000,000 pursuant to an Indenture dated as of the date hereof (as amended,
supplemented, amended and restated or otherwise modified and in effect from time to time, the “Indenture”) among the Issuer, the guarantors party thereto, Deutsche Bank Trust Company Americas, as registrar and
paying agent, and Law Debenture Trust Company of New York, as trustee (in such capacity and together with its successors in such capacity, the “Trustee”), and the Collateral Trustee. 

WHEREAS, the Issuer and the other Grantors intend to secure the Obligations under the Indenture, any future Parity Lien Debt and any other
Parity Lien Obligations with Liens on all present and future Collateral to the extent that such Liens have been provided for in the Parity Lien Security Documents. 

WHEREAS, this Agreement sets forth the terms on which each Parity Lien Secured Party has appointed the Collateral Trustee to act as the
collateral trustee for the present and future holders of the Parity Lien Obligations to receive, hold, maintain, administer and distribute the Collateral at any time delivered to the Collateral Trustee or that is the subject of the Parity Lien
Security Documents, and to enforce the Parity Lien Security Documents and all interests, rights, powers and remedies of the Collateral Trustee with respect thereto or thereunder and the proceeds thereof. 

NOW, THEREFORE, in consideration of the premises and the mutual agreements herein set forth, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree as follows: 
 ARTICLE 1. 

DEFINITIONS; PRINCIPLES OF CONSTRUCTION 

Section 1.1 Defined Terms. Unless otherwise defined herein, terms defined in the Indenture and used herein shall have the meanings
given to them in the Indenture. The following terms will have the following meanings: 
 “Act of Required
Secured Parties” means, as to any matter at any time, a direction in writing delivered to the Collateral Trustee by or with the written consent of the holders of (or the Parity Lien Representatives representing the
holders of) Parity Lien Debt representing the Required Parity Lien Debtholders. 

 For purposes of this definition, (a) Parity Lien Debt registered in the name of, or beneficially owned by,
the Issuer or any Affiliate of the Issuer will be deemed not to be outstanding and neither the Issuer nor any Affiliate of the Issuer will be entitled to vote such Parity Lien Debt and (b) votes will be determined in accordance with
Section 7.2. 
 “Additional Parity Lien Debt” has the meaning set forth in Section 3.8(b)(1).

 “Additional Parity Lien Debt Designation” means a notice in substantially the form of Exhibit A. 

“Affiliate” of any specified Person means any other Person directly or indirectly controlling or
controlled by or under direct or indirect common control with such specified Person. For purposes of this definition, “control,” as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or
cause the direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise. For purposes of this definition, the terms “controlling,” “controlled by” and
“under common control with” have correlative meanings. 
 “Affiliate Securities” means all
“securities” of any of the Issuer’s “affiliates” (as the terms “securities” and “affiliates” are used in Rule 3-16 of Regulation S-X under the Securities Act of 1933, as amended, and any successor rule)
including any securities described in Section 4.4(c) hereof. 
 “Agreement” shall mean this
Collateral Trust Agreement, as the same may be amended, restated, supplemented, or otherwise modified from time to time. 

“Bank Product Obligations” means, all obligations and liabilities (whether direct or indirect, absolute
or contingent, due or to become due or now existing or hereafter incurred) of the Issuer or any Restricted Subsidiary, whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise, which may
arise under, out of, or in connection with any treasury, investment, depository, clearing house, wire transfer, cash management or automated clearing house transfers of funds services or any related services, to any person. 

“Bankruptcy Code” means Title 11 of the United States Code entitled “Bankruptcy,” as now and hereafter in
effect, or any successor statute. 
 “Board of Directors” means: 

(1) with respect to a corporation, the board of directors of the corporation or any committee thereof duly authorized to act on
behalf of such board; 
 (2) with respect to a partnership, the Board of Directors of the general partner of the partnership;

  
 2 

 (3) with respect to a limited liability company, the managing member or members
or any controlling committee of managing members thereof; and 
 (4) with respect to any other Person, the board or committee
of such Person serving a similar function. 
 “Business Day” means any day other than a Saturday, a
Sunday or a day on which banking institutions in the City of New York or at a place of payment are authorized by law, regulation or executive order to remain closed. 

“Capital Stock” means: 

(1) in the case of a corporation, corporate stock; 

(2) in the case of an association or business entity, any and all shares, interests, participations, rights or other
equivalents (however designated) of corporate stock; 
 (3) in the case of a partnership or limited liability company,
partnership interests (whether general or limited) or membership interests; and 
 (4) any other interest or participation
that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person, but excluding from all of the foregoing any debt securities convertible into Capital Stock, whether or not such
debt securities include any right of participation with Capital Stock. 
 “Collateral” means, in the
case of each Series of Parity Lien Debt, all properties and assets of the Issuer and the other Grantors now owned or hereafter acquired in which Liens have been granted, or purported to be granted, or required to be granted, to the Collateral
Trustee to secure any or all of the Parity Lien Obligations, and shall exclude any properties and assets in which the Collateral Trustee is required to release its Liens pursuant to Section 3.2; provided, that, if such Liens are required
to be released as a result of the sale, transfer or other disposition of any properties or assets of the Issuer or any other Grantor, such assets or properties will cease to be excluded from the Collateral if the Issuer or any other Grantor
thereafter acquires or reacquires such assets or properties. 
 “Collateral Trustee” has the meaning
set forth in the preamble. 
 “Collateral Trust Joinder” means (i) with respect to the provisions
of this Agreement relating to any Additional Parity Lien Debt, an agreement in substantially the form of Exhibit B and (ii) with respect to the provisions of this Agreement relating to the addition of additional Grantors, an agreement in
substantially the form of Exhibit C. 
 “Controlling Representative” means, at any time, the Parity Lien
Representative that is the “Designated Second Priority Representative” under the Intercreditor Agreement. 

  
 3 

 “Funded Debt” means, with respect to any specified Person,
any indebtedness of such Person (excluding accrued expenses and trade payables), whether or not contingent: 
 (1) in respect
of borrowed money or advances; or 
 (2) evidenced by loan agreements, bonds, notes, debentures or similar instruments or
letters of credit (or reimbursement agreements in respect thereof). 
 For the avoidance of doubt, “Funded Debt” shall not include Hedging
Obligations or Bank Product Obligations. 
 “Grantors” means the Issuer,
the Guarantors and any other Person (if any) that at any time provides collateral security for any Parity Lien Obligations. 

“Guarantee” means a guarantee other than by endorsement of negotiable
instruments for collection in the ordinary course of business, direct or indirect, in any manner including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in respect thereof, of all or any
part of any Indebtedness (whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services, to take or pay or to maintain financial statement conditions or otherwise).

 “Guarantor” means, with respect to any Parity Lien Obligations,
each person who has Guaranteed payment of any Parity Lien Obligations. 
 “Hedge
Agreement” means, with respect to any Person, any agreement entered into to protect such Person against fluctuations in interest rates, or currency or raw materials values, including, without limitation, any
interest rate swap, cap or collar agreement, or similar arrangement between such Person and one or more counterparties, any foreign currency exchange agreement, currency protection agreements, commodity purchase or option agreements, or other
interest or exchange rate or commodity price hedging agreements. Notwithstanding the foregoing, the term “Hedge Agreement” shall not include any Permitted Bond Hedge Transactions or any other hedging agreements (or substantively equivalent
derivative transactions) with respect to the Issuer’s Equity Interests. 
 “Hedging
Obligations” means, with respect to any specified Person, the obligations of such Person under any Hedge Agreement. 

“Indemnified Liabilities” means any and all liabilities (including all
environmental liabilities), obligations, losses, damages, penalties, actions, judgments, suits, costs, taxes, expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery, performance, administration or
enforcement of this Agreement or any of the other Parity Lien Security Documents, including any of the foregoing relating to the use of proceeds of any Parity Lien Debt or the violation of, noncompliance with or liability under, any law (including
environmental laws) applicable to or enforceable against the Issuer, any of its Subsidiaries or any other Grantor or any of the Collateral and all reasonable costs and expenses (including reasonable fees and expenses of legal counsel selected by the
Indemnitee) incurred by any Indemnitee in connection with any claim, action, investigation or proceeding in any respect relating to any of the foregoing, whether or not suit is brought. 

  
 4 

 “Indemnitee” has the meaning set forth in
Section 7.9(a). 
 “Indenture” has the meaning set forth in the recitals. 

“Insolvency or Liquidation Proceeding” means: 

(1) any voluntary or involuntary case commenced by or against the Issuer or any Guarantor under the Bankruptcy Code or any
similar federal or state law for the relief of debtors, any other proceeding for the reorganization, recapitalization, receivership, liquidation or adjustment or marshaling of the assets or liabilities of the Issuer or any Guarantor, any
receivership or assignment for the benefit of creditors relating to the Issuer or any Guarantor or any similar case or proceeding relative to the Issuer or any Guarantor or its creditors, as such, in each case whether or not voluntary; 

(2) any liquidation, dissolution, marshaling of assets or liabilities or other winding up of or relating to the Issuer or any
Guarantor, in each case whether or not voluntary and whether or not involving bankruptcy or insolvency; or 
 (3) any other
proceeding of any type or nature in which substantially all claims of creditors of the Issuer or any Guarantor are determined and any payment or distribution is or may be made on account of such claims. 

“Intercreditor Agreement” means the Intercreditor Agreement, among the
Issuer, the other Grantors party thereto, Deutsche Bank Trust Company Americas, as Senior Representative for the Credit Agreement Secured Parties, Law Debenture Trust Company of New York, as the Initial Second Priority Representative, and each
additional Representative (as defined therein) from time to time party thereto, dated as of the date hereof, as the same may be amended, supplemented, amended and restated or otherwise modified from time to time in accordance therewith.

 “Issuer” has the meaning set forth in the preamble. 

“Lien” means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or
encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law, including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other
agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction. 

“Lien Sharing and Priority Confirmation” means, as to any Series of Parity Lien Debt, the written
agreement of the holders of such Series of Parity Lien Debt, as set forth in the indenture, credit agreement or other agreement governing such Series of Parity Lien Debt, for the enforceable benefit of all holders of each existing and future Series
of Parity Lien Debt: 
 (1) that all Parity Lien Obligations will be and are secured equally and ratably by all
Parity Liens at any time granted by the Issuer or any Guarantor to secure any Obligations in respect of such Series of Parity Lien Debt, whether or not upon property otherwise constituting collateral for such Series of Parity Lien Debt, and that all
such 

  
 5 

 
Parity Liens will be enforceable by the Collateral Trustee for the benefit of all Parity Lien Secured Parties equally and ratably; provided, however, that notwithstanding the
foregoing, this provision will not be violated with respect to any particular Collateral and any particular Series of Parity Lien Debt if the Parity Lien Documents in respect thereof prohibit the applicable Parity Lien Representative from accepting
the benefit of a Lien on any particular asset or property or such Parity Lien Representative otherwise expressly declines in writing to accept the benefit of a Lien on such asset or property; 

(2) that the holders of Obligations in respect of such Series of Parity Lien Debt are bound by the provisions of this
Agreement, including the provisions relating to the ranking of Parity Liens and the order of application of proceeds from the enforcement of Parity Liens; and 

(3) consenting to and directing the Collateral Trustee to perform its obligations under this Agreement and the other Parity
Lien Security Documents. 
 “Modification” has the meaning set forth in Section 3.8(d)(1). 

“Mortgage” has the meaning set forth in Section 3.8(d)(1). 

“Mortgaged Property” has the meaning set forth in Section 3.8(d)(1). 

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

“Note Documents” means the Indenture, the Notes and the Parity Lien Security Documents securing the
Obligations in respect thereof. 
 “Obligations” means any principal
(including reimbursement obligations with respect to letters of credit whether or not drawn), interest (including, to the extent legally permitted, all interest accrued thereon after the commencement of any Insolvency or Liquidation Proceeding at
the rate, including any applicable post-default rate, specified in the applicable Parity Lien Documents, even if such interest is not enforceable, allowable or allowed as a claim in such proceeding), premium (if any), fees, indemnifications,
reimbursements, expenses and other liabilities payable under the documentation governing any Parity Lien Obligations. 

“Officers’ Certificate” means a certificate with respect to compliance
with a condition or covenant provided for in this Agreement, signed on behalf of the Issuer by two officers of the Issuer, one of whom must be the principal executive officer, the principal financial officer, the treasurer or the principal
accounting officer of the Issuer, including: 
 (a) a statement that the Person making such certificate has
read such covenant or condition; 
 (b) a brief statement as to the nature and scope of the examination or investigation upon
which the statements or opinions contained in such certificate are based; 

  
 6 

 (c) a statement that, in the opinion of such Person, he or she has made such
examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been satisfied; and 

(d) a statement as to whether or not, in the opinion of such Person, such condition or covenant has been satisfied. 

“Parity Lien” means a Lien granted, or purported to be granted, by a Parity
Lien Security Document to the Collateral Trustee, at any time, upon any property of the Issuer or any Guarantor to secure Parity Lien Obligations. 

“Parity Lien Debt” means: 

(1) the Notes issued on the date hereof (including any related exchange notes); and 

(2) any other Funded Debt (including additional Notes, and letter of credit and reimbursement Obligations with respect thereto)
that is secured by a Parity Lien and that was permitted to be incurred and permitted to be so secured under each applicable Parity Lien Document; 

provided, in the case of any Funded Debt referred to in clause (2) of this definition, that: 

(a) on or before the date on which such Funded Debt is incurred by the Issuer or by a Restricted Subsidiary, such Funded Debt
is designated by the Issuer as “Parity Lien Debt” for the purposes of the Parity Lien Documents in an Additional Parity Lien Debt Designation executed and delivered in accordance with Section 3.8(b); provided, that no Funded
Debt may be designated as both Parity Lien Debt and Priority Lien Debt; 
 (b) unless such Funded Debt is issued under an
existing Parity Lien Document for any Series of Parity Lien Debt whose Parity Lien Representative is already party to this Agreement, the Parity Lien Representative for such Funded Debt executes and delivers a Collateral Trust Joinder in accordance
with Section 3.8(b); and 
 (c) all other requirements set forth in Section 3.8 have been complied with. 

“Parity Lien Debt Default” means any event or condition that, under the
terms of any credit agreement, indenture or other agreement governing any Series of Parity Lien Debt causes, or permits holders of Parity Lien Debt outstanding thereunder (with or without the giving of notice or lapse of time, or both, and whether
or not notice has been given or time has lapsed) to cause, the Parity Lien Debt outstanding thereunder to become immediately due and payable. 

  
 7 

 “Parity Lien Documents” means,
collectively, the Note Documents and any other indenture, credit agreement or other agreement pursuant to which any Parity Lien Debt is incurred and the Parity Lien Security Documents. 

“Parity Lien Obligations” means Parity Lien Debt and all other Obligations
in respect thereof including, without limitation interest and premium (if any) (including Post-Petition Interest whether or not allowable), and all guarantees of any of the foregoing. 

“Parity Lien Representative” means: 

(1) in the case of the Notes, the Trustee; and 

(2) in the case of any other Series of Parity Lien Debt, the trustee, agent or representative of the holders of such Series of
Parity Lien Debt who maintains the transfer register for such Series of Parity Lien Debt and (A) is appointed as a Parity Lien Representative (for purposes related to the administration of the Parity Lien Security Documents) pursuant to the
indenture, credit agreement or other agreement governing such Series of Parity Lien Debt, together with its successors in such capacity, and (B) has executed a Collateral Trust Joinder. 

“Parity Lien Secured Parties” means the holders of Parity Lien Obligations and each Parity Lien Representative and the
Collateral Trustee. 
 “Parity Lien Security Documents” means all security agreements, pledge
agreements, collateral assignments, mortgages, deeds of trust, collateral trust or agency agreements, intercreditor agreements, control agreements, Lien Sharing and Priority Confirmations or other grants or transfers for security executed and
delivered by the Issuer or any Guarantor creating (or purporting to create) a Lien upon Collateral in favor of the Collateral Trustee, for the benefit of any of the Parity Lien Secured Parties, in each case, as amended, modified, renewed, restated
or replaced, in whole or in part, from time to time, in accordance with its terms and Section 7.1. 

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

“Post-Petition Interest” means interest, fees, expenses and other charges that pursuant to the
Parity Lien Documents, as applicable, continue to accrue after the commencement of any Insolvency of Liquidation Proceeding, whether or not such interest, fees, expenses and other charges are allowed or allowable under the Bankruptcy Code or in any
such Insolvency or Liquidation Proceeding. 
 “Reaffirmation Agreement” means an agreement reaffirming
the security interests granted to the Collateral Trustee in substantially the form attached as Exhibit 1 to Exhibit A of this Agreement. 

  
 8 

 “Required Parity Lien Debtholders” means, at any time, the holders of
more than 50% of the sum of: 
 (1) the aggregate outstanding principal amount of Parity Lien Debt (including outstanding
letters of credit whether or not then available or drawn); and 
 (2) other than in connection with the exercise of remedies,
the aggregate unfunded commitments to extend credit which, when funded, would constitute Parity Lien Debt. 
 For purposes of this definition,
(a) Parity Lien Debt registered in the name of, or beneficially owned by, the Issuer or any Affiliate of the Issuer will be deemed not to be outstanding, and neither the Issuer nor any Affiliate of the Company will be entitled to vote any of
the Parity Lien Debt and (b) votes will be determined in accordance with the provisions of Section 7.2. 

“Series of Parity Lien Debt” means, severally, the Notes and each other
issue or series of Parity Lien Debt for which a single transfer register is maintained. For the avoidance of doubt, all reimbursement obligations in respect of letters of credit issued pursuant to a Parity Lien Document shall be part of the same
Series of Parity Lien Debt as all other Parity Lien Debt incurred pursuant to such Parity Lien Document. 

“Subsidiary” means, with respect to any specified Person: 

(1) any corporation, association or other business entity of which more than 50% of the total voting power of shares of Capital
Stock entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement that effectively transfers voting power) to vote in the election of directors, managers or trustees
of the corporation, association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a combination thereof); and 

(2) any partnership or limited liability company of which (a) more than 50% of the capital accounts, distribution rights,
total equity and voting interests or general and limited partnership interests, as applicable, are owned or controlled, directly or indirectly, by such Person or one or more of the other Subsidiaries of that Person or a combination thereof, whether
in the form of membership, general, special or limited partnership interests or otherwise, and (b) such Person or any Subsidiary of such Person is a controlling general partner or otherwise controls such entity. 

“Title Datedown Product” has the meaning set forth in Section 3.8(d)(3). 

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

“Trust Estate” has the meaning set forth in Section 2.1. 

“UCC” means the Uniform Commercial Code as in effect from time to time in the State of New York;
provided, however, that in the event that, by reason of mandatory provisions of law, any or all of the perfection or priority of, or remedies with respect to, any Collateral is 

  
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governed by the Uniform Commercial Code as enacted and in effect in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as enacted and
in effect in such other jurisdiction solely for purposes of the provisions hereof relating to such perfection, priority or remedies. 

Section 1.2 Other Definition Provisions. 

(a) The words “hereof,” “herein,” “hereto” and “hereunder” and words of similar import when used in
this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section, Schedule, Exhibit and Annex references, are to this Agreement unless otherwise specified. References to any Schedule, Exhibit
or Annex shall mean such Schedule, Exhibit or Annex as amended or supplemented from time to time in accordance with this Agreement. 
 (b)
The meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms. 
 (c) The
expressions “payment in full,” “paid in full” and any other similar terms or phrases when used herein shall mean payment in cash in immediately available funds. 

(d) The use herein of the word “include” or “including,” when following any general statement, term or matter, shall not
be construed to limit such statement, term or matter to the specific items or matters set forth immediately following such word or to similar items or matters, whether or not non-limiting language (such as “without limitation” or “but
not limited to” or words of similar import) is used with reference thereto, but rather shall be deemed to refer to all other items or matters that fall within the broadest possible scope of such general statement, term or matter. 

(e) All references herein to provisions of the UCC shall include all successor provisions under any subsequent version or amendment to any
Article of the UCC. 
 (f) All terms used in this Agreement that are defined in Article 9 of the UCC and not otherwise defined herein
have the meanings assigned to them in Article 9 of the UCC. 
 (g) Notwithstanding anything to the contrary in this Agreement, any
references contained herein to any section, clause, paragraph, definition or other provision of the Indenture (including any definition contained therein) shall be deemed to be a reference to such section, clause, paragraph, definition or other
provision as in effect on the date of this Agreement; provided, that any reference to any such section, clause, paragraph or other provision shall refer to such section, clause, paragraph or other provision of the Indenture or other Parity
Lien Document (including any definition contained therein) as amended or modified from time to time if such amendment or modification has been made in accordance with the Indenture or such other Parity Lien Document. Unless otherwise set forth
herein, references to principal amount shall include, without duplication, any reimbursement obligations with respect to a letter of credit and the face amount thereof (whether or not such amount is, at the time of determination, drawn or available
to be drawn). 

  
 10 

 This Agreement and the other Parity Lien Security Documents will be construed without regard to
the identity of the party who drafted it and as though the parties participated equally in drafting it. Consequently, each of the parties acknowledges and agrees that any rule of construction that a document is to be construed against the drafting
party will not be applicable either to this Agreement or the other Parity Lien Security Documents. 
 ARTICLE 2. 

THE TRUST ESTATES 

Section 2.1 Declaration of Trust. 

To secure the payment of the Parity Lien Obligations and in consideration of the premises and mutual agreements set forth in this Agreement,
each of the Grantors hereby confirms the grant to the Collateral Trustee, and the Collateral Trustee hereby accepts and agrees to hold, in trust under this Agreement for the benefit of all current and future Parity Lien Secured Parties, all of such
Grantor’s right, title and interest in, to and under all Collateral, now or hereafter granted to the Collateral Trustee under any Parity Lien Security Document for the benefit of the Parity Lien Secured Parties, together with all of the
Collateral Trustee’s right, title and interest in, to and under the Parity Lien Security Documents, and all interests, rights, powers and remedies of the Collateral Trustee thereunder or in respect thereof and all cash and non-cash proceeds
thereof (collectively, the “Trust Estate”). 
 The Collateral Trustee and its successors and assigns
under this Agreement will hold the Trust Estate in trust for the benefit solely and exclusively of all current and future Parity Lien Secured Parties as security for the payment of all present and future Parity Lien Obligations. 

Notwithstanding the foregoing, if at any time: 

(1) all Liens securing the Parity Lien Obligations have been released as provided in Section 4.1; 

(2) the Collateral Trustee holds no other property in trust as part of the Trust Estate; 

(3) no monetary obligation (other than indemnification and other contingent obligations not then due and payable) is
outstanding and payable under this Agreement to the Collateral Trustee or any of its co-trustees or agents (whether in an individual or representative capacity); and 

(4) the Issuer delivers to the Collateral Trustee an Officers’ Certificate stating that all Parity Liens of the Collateral
Trustee have been released in compliance with all applicable provisions of the Parity Lien Documents and that the Grantors are not required by any Parity Lien Document to grant any Parity Lien upon any property, 

then the Trust Estate arising hereunder will terminate, except that all provisions set forth in Sections 7.8 and 7.9 that are enforceable by the Collateral
Trustee or any of its co-trustees or agents (whether in an individual or representative capacity) will remain enforceable in accordance with their terms. 

  
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 The parties further declare and covenant that the Trust Estate will be held and distributed by
the Collateral Trustee subject to the further agreements herein. 
 Section 2.2 Collateral Shared Equally and Ratably. The
parties to this Agreement agree that the payment and satisfaction of all of the Parity Lien Obligations will be secured equally and ratably by the Liens established in favor of the Collateral Trustee for the benefit of the Parity Lien Secured
Parties, notwithstanding the time of incurrence of any Parity Lien Obligations or the date, time, method or order of grant, attachment or perfection of any Liens securing such Parity Lien Obligations and notwithstanding any provision of the UCC, the
time of incurrence of any Series of Parity Lien Debt or the time of incurrence of any other Parity Lien Obligation, or any other applicable law or any defect or deficiencies in, or failure to perfect or lapse in perfection of, or avoidance as a
fraudulent conveyance or otherwise of, the Liens securing the Parity Lien Obligations, the subordination of such Liens to any other Liens, or any other circumstance whatsoever, whether or not any Insolvency or Liquidation Proceeding has been
commenced against the Issuer or any other Grantor, it is the intent of the parties that, and the parties hereto agree for themselves and the Priority Lien Secured Parties represented by them that, all Parity Lien Obligations will be and are secured
equally and ratably by all Parity Liens at any time granted by the Issuer or any other Grantor to secure any Obligations in respect of any Series of Parity Lien Debt, whether or not upon property otherwise constituting collateral for such Series of
Parity Lien Debt, and that all such Parity Liens will be enforceable by the Collateral Trustee for the benefit of all Parity Lien Secured Parties equally and ratably; provided, however, that, notwithstanding the foregoing, this
provision will not be violated with respect to any particular Collateral and any particular Series of Parity Lien Debt if the Parity Lien Documents in respect thereof prohibit the applicable Parity Lien Representative from accepting the benefit of a
Lien on any particular asset or property or such Parity Lien Representative otherwise expressly declines in writing to accept the benefit of a Lien on such asset or property. 

ARTICLE 3. 
 OBLIGATIONS AND
POWERS OF COLLATERAL TRUSTEE 
 Section 3.1 Appointment and Undertaking of the Collateral Trustee. 

(a) Each Parity Lien Secured Party acting through its respective Parity Lien Representative hereby appoints the Collateral Trustee to serve as
collateral trustee hereunder on the terms and conditions set forth herein. Subject to, and in accordance with, this Agreement, the Collateral Trustee will, as collateral trustee, for the benefit solely and exclusively of the present and future
Parity Lien Secured Parties, in accordance with the terms of this Agreement: 
 (1) accept, enter into, hold, maintain,
administer and enforce all Parity Lien Security Documents, including all Collateral subject thereto, and all Liens created thereunder, perform its obligations hereunder and under the Security Documents and protect, exercise and enforce the
interests, rights, powers and remedies granted or available to it under, pursuant to or in connection with the Security Documents; 

  
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 (2) take all lawful and commercially reasonable actions permitted under the
Parity Lien Security Documents that it may deem necessary or advisable to protect or preserve its interest in the Collateral subject thereto and such interests, rights, powers and remedies; 

(3) deliver and receive notices pursuant to this Agreement and the Parity Lien Security Documents; 

(4) sell, assign, collect, assemble, foreclose on, institute legal proceedings with respect to, or otherwise exercise or
enforce the rights and remedies of a secured party (including a mortgagee, trust deed beneficiary and insurance beneficiary or loss payee) with respect to the Collateral under the Parity Lien Security Documents and its other interests, rights,
powers and remedies; 
 (5) remit as provided in Section 3.4 all cash proceeds received by the Collateral Trustee from
the collection, foreclosure or enforcement of its interest in the Collateral under the Parity Lien Security Documents or any of its other interests, rights, powers or remedies; 

(6) execute and deliver (i) amendments and supplements to the Parity Lien Security Documents as from time to time
authorized pursuant to Section 7.1 accompanied by an Officers’ Certificate to the effect that the amendment or supplement was permitted under Section 7.1 and (ii) acknowledgements of Collateral Trust Joinders delivered pursuant
to Section 3.8 or 7.17; 
 (7) release any Lien granted to it by any Parity Lien Security Document upon any Collateral
if and as required by Section 3.2 or Article 4; and 
 (8) enter into and perform its obligations and protect, exercise
and enforce its interests, rights, powers and remedies under the Intercreditor Agreement subject to and in accordance with the terms and conditions of this Agreement. 

(b) Each party to this Agreement acknowledges and consents to the undertaking of the Collateral Trustee set forth in Section 3.1(a) and
agrees to each of the other provisions of this Agreement applicable to the Collateral Trustee. 
 (c) Notwithstanding anything to the
contrary contained in this Agreement, the Collateral Trustee will not commence any exercise of remedies or any foreclosure actions or otherwise take any action or proceeding against any of the Collateral (other than actions as necessary to prove,
protect or preserve the Liens securing the Parity Lien Obligations) unless and until it shall have been directed in writing by an Act of Required Secured Parties and then only in accordance with the provisions of this Agreement and the Intercreditor
Agreement. 
 (d) The Collateral Trustee shall act or decline to act in connection with any enforcement of Liens as provided in
Section 3.3. 
 (e) Notwithstanding anything to the contrary contained in this Agreement, neither the Issuer nor any of its Affiliates
may serve as Collateral Trustee. 

  
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 Section 3.2 Release or Subordination of Liens. The Collateral Trustee will not
release or subordinate any Lien of the Collateral Trustee or consent to the release or subordination of any Lien of the Collateral Trustee, except: 

(a) as directed by an Act of Required Secured Parties accompanied by an Officers’ Certificate to the effect that the
release or subordination was permitted by each applicable Parity Lien Document; 
 (b) as required by Article 4; 

(c) as ordered pursuant to applicable law under a final and non-appealable order or judgment of a court of competent
jurisdiction; or 
 (d) for the subordination of the Trust Estate and the Parity Liens to the extent required by the
Intercreditor Agreement. 
 Section 3.3 Enforcement of Liens. 

Subject to the terms set forth in the Intercreditor Agreement, if the Collateral Trustee at any time receives written notice that any event
has occurred that constitutes a default under any Parity Lien Document entitling the Collateral Trustee to foreclose upon, collect or otherwise enforce its Liens under the Parity Lien Security Documents, the Collateral Trustee will promptly deliver
written notice thereof to each other Parity Lien Representative. Thereafter, the Collateral Trustee may await direction by an Act of Required Secured Parties and, subject to the provisions set forth in the Intercreditor Agreement, will act, or
decline to act, as directed by an Act of Required Secured Parties, in the exercise and enforcement of the Collateral Trustee’s interests, rights, powers and remedies in respect of the Collateral or under the Parity Lien Security Documents or
applicable law and, following the initiation of such exercise of remedies and, subject to the provisions set forth in the Intercreditor Agreement, the Collateral Trustee will act, or decline to act, with respect to the manner of such exercise of
remedies as directed by an Act of Required Secured Parties. Unless it has been directed to the contrary by an Act of Required Secured Parties, the Collateral Trustee in any event may (but will not be obligated to) take or refrain from taking such
action with respect to any default under any Parity Lien Document as it may deem advisable and in the best interest of the Parity Lien Secured Parties. 

Section 3.4 Application of Proceeds. 

(a) If any Collateral is sold or otherwise realized upon by the Collateral Trustee in connection with any collection, sale, foreclosure or
other enforcement of Liens granted to the Collateral Trustee in the Parity Lien Security Documents, subject to the provisions set forth in the Intercreditor Agreement, the proceeds received by the Collateral Trustee from such collection, sale,
foreclosure or other enforcement and the proceeds of any title or other insurance policy received by the Collateral Trustee pursuant to the Intercreditor Agreement will be distributed by the Collateral Trustee in the following order of application:

 FIRST, to the payment of all amounts payable under this Agreement on account of the Collateral Trustee’s fees and any
reasonable legal fees, costs and expenses or other liabilities of any kind incurred by the Collateral Trustee, each Parity Lien Representative 

  
 14 

 
or any co-trustee or agent of the Collateral Trustee in connection with any Parity Lien Security Document (including, but not limited to, indemnification obligations that are then due and
payable); 
 SECOND, to the repayment of obligations, other than the Parity Lien Obligations, secured by a Lien that is
permitted under the Parity Lien Documents on the Collateral sold or realized upon to the extent that such other Lien has priority over the Parity Liens but only if such obligation is discharged (in whole or in part) in connection with such sale;

 THIRD, to the respective Parity Lien Representatives on a pro rata basis for each Series of Parity Lien Debt that are
secured by such Collateral for application to the payment of all outstanding Parity Lien Debt and any other Parity Lien Obligations that are so secured and then due and payable (for application in such order as may be provided in the Parity Lien
Documents applicable to the respective Parity Lien Obligations) in an amount sufficient to pay in full in cash all outstanding Parity Lien Debt and all other Parity Lien Obligations that are then due and payable and so secured (including, to the
extent legally permitted, all interest and fees accrued thereon after the commencement of any Insolvency or Liquidation Proceeding at the rate, including any applicable post-default rate, specified in the Parity Lien Documents, even if such interest
is not enforceable, allowable or allowed as a claim in such proceeding, and including the discharge or cash collateralization (at the lower of (1) 105% of the aggregate undrawn amount and (2) the percentage of the aggregate undrawn amount
required for release of Liens under the terms of the applicable Parity Lien Document) of all outstanding letters of credit, if any, constituting Parity Lien Debt); and 

FOURTH, any surplus remaining after the payment in full in cash of amounts described in the preceding clauses will be paid to
the Issuer or the applicable Guarantor, as the case may be, its successors or assigns, or to such other Persons as may be entitled to such amounts under applicable law or as a court of competent jurisdiction may direct. 

(b) This Section 3.4 is intended for the benefit of, and will be enforceable as a third party beneficiary by, each present and future
holder of Parity Lien Obligations, each present and future Parity Lien Representative and the Collateral Trustee as holder of Parity Liens. The Parity Lien Representative of each future Series of Parity Lien Debt will be required to deliver a Lien
Sharing and Priority Confirmation to the Collateral Trustee and each other Parity Lien Representative at the time of incurrence of such Series of Parity Lien Debt. 

(c) In connection with the application of proceeds pursuant to Section 3.4(a), except as otherwise directed by an Act of Required Secured
Parties, the Collateral Trustee may sell any non-cash proceeds for cash prior to the application of the proceeds thereof. 

Section 3.5 Powers of the Collateral Trustee. 

(a) The Collateral Trustee is irrevocably authorized and empowered to enter into and perform its obligations and protect, perfect, exercise
and enforce its interest, rights, powers and remedies under the Parity Lien Security Documents and applicable law and in equity and to act 

  
 15 

 
as set forth in this Article 3 or, subject to the other provisions of this Agreement, as requested in any lawful directions given to it from time to time in respect of any matter by an Act
of Required Secured Parties. 
 (b) No Parity Lien Representative or Parity Lien Secured Party (other than the Collateral Trustee) will have
any liability whatsoever for any act or omission of the Collateral Trustee. 
 Section 3.6 Documents and Communications. The
Collateral Trustee will permit each Parity Lien Representative and each Parity Lien Secured Party upon reasonable written notice from time to time to inspect and copy, at the cost and expense of the party requesting such copies, any and all Parity
Lien Security Documents and other documents, notices, certificates, instructions or communications received by the Collateral Trustee in its capacity as such. 

Section 3.7 For Sole and Exclusive Benefit of the Parity Lien Secured Parties. The Collateral Trustee will accept, hold,
administer and enforce all Liens on the Collateral at any time transferred or delivered to it and all other interests, rights, powers and remedies at any time granted to or enforceable by the Collateral Trustee and all other property of the Trust
Estate solely and exclusively for the benefit of the present and future holders of present and future Parity Lien Obligations, and will distribute all proceeds received by it in realization thereon or from enforcement thereof solely and exclusively
pursuant to the provisions of Section 3.4. 
 Section 3.8 Additional Parity Lien Debt. 

(a) The Collateral Trustee will, as collateral trustee hereunder, perform its undertakings set forth in this Agreement with respect to any
Parity Lien Debt that is issued or incurred after the date hereof if: 
 (1) such Parity Lien Debt is identified as Parity
Lien Debt in accordance with the procedures set forth in Section 3.8(b); and 
 (2) unless such Funded Debt is issued
under an existing Parity Lien Document for any Series of Parity Lien Debt whose Parity Lien Representative is already party to this Agreement, the designated Parity Lien Representative identified pursuant to Section 3.8(b) signs a Collateral
Trust Joinder and delivers the same to the Collateral Trustee. 
 (b) The Issuer will be permitted to designate as Parity Lien Debt
hereunder any Funded Debt that is incurred by the Issuer or any other Grantor after the date of this Agreement in accordance with the terms of all applicable Parity Lien Debt Documents. The Issuer may only effect such designation by delivering to
the Collateral Trustee an Additional Parity Lien Debt Designation that: 
 (1) states that the Issuer or such other Grantor
intends to incur additional Parity Lien Debt (“Additional Parity Lien Debt”) which will be (as specified in such Additional Parity Lien Debt Designation) Parity Lien Debt not prohibited by any Parity Lien Document to be
incurred and secured with a Parity Lien equally and ratably with all previously existing and future Parity Lien Debt; 

  
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 (2) specifies the name and address of the Parity Lien Representative for such
Additional Parity Lien Debt for purposes of this Agreement including Section 7.6; 
 (3) states that the Issuer and each
other Grantor has duly authorized, executed (if applicable) and recorded (or caused to be recorded) in each appropriate governmental office all relevant filings and recordations to ensure that the Additional Parity Lien Debt is secured by the
Collateral in accordance with the Parity Lien Security Documents; 
 (4) attaches as Exhibit 1 to such Additional Parity Lien
Debt Designation a Reaffirmation Agreement in substantially the form attached as Exhibit 1 to Exhibit A, which Reaffirmation Agreement has been duly executed by the Issuer and each other Grantor and Guarantor; and 

(5) states that the Issuer has caused a copy of the Additional Parity Lien Debt Designation and the related Collateral Trust
Joinder to be delivered to each then existing Parity Lien Representative. 
 Although the Issuer shall be required to deliver a copy of each
Additional Parity Lien Debt Designation and each Collateral Trust Joinder to each then existing Parity Lien Representative, the failure to so deliver a copy of the Additional Parity Lien Debt Designation and/or Collateral Trust Joinder to any then
existing Parity Lien Representative shall not affect the status of such debt as Additional Parity Lien Debt if the other requirements of this Section 3.8 are complied with. Each of the Collateral Trustee and any then existing Parity Lien
Representative shall have the right to request that the Issuer provide a legal opinion of counsel as to the Additional Parity Lien Debt being secured by a valid and perfected security interest in the Collateral; provided, however, that
such legal opinion or opinions need not address any collateral of a type or located in a jurisdiction not previously covered by any legal opinion delivered by or on behalf of the Issuer. 

Notwithstanding the foregoing, nothing in this Agreement will be construed to allow the Issuer or any other Grantor to incur additional Funded Debt or Liens
if prohibited by the terms of any Parity Lien Documents. 
 (c) With respect to any Parity Lien Debt that is issued or incurred after the
date hereof, the Issuer and each of the other Grantors agree to take such actions (if any) as may from time to time reasonably be requested by the Collateral Trustee, any Parity Lien Representative or any Act of Required Secured Parties, and enter
into such technical amendments, modifications and/or supplements to the then existing Guarantees and Parity Lien Security Documents (or execute and deliver such additional Parity Lien Security Documents) as may from time to time be reasonably
requested by such Persons (including as contemplated by clause (d) below), to ensure that the Additional Parity Lien Debt is secured by, and entitled to the benefits of, the relevant Parity Lien Security Documents, and each Parity Lien Secured
Party (by its acceptance of the benefits hereof) hereby agrees to, and authorizes the Collateral Trustee to enter into, any such technical amendments, modifications and/or supplements (and additional Parity Lien Security Documents). The Issuer and
each Grantor hereby further agree that, if there are any recording, filing or other similar fees payable in connection with any of the actions to be taken pursuant to this Section 3.8(c) or Section 3.8(d), all such amounts shall be paid
by, and shall be for the account of, the Issuer and the respective Grantors, on a joint and several basis. 

  
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 (d) Without limitation of the foregoing, to the extent required under any Parity Lien Document,
the Issuer and each of the other Grantors agree to take the following actions with respect to any real property Collateral with respect to all Additional Parity Lien Debt: 

(1) the Issuer and the other applicable Grantors shall enter into, and deliver to the Collateral Trustee a mortgage
modification (each such modification, a “Modification”) or new mortgage or deed of trust with regard to each real property subject to a mortgage or deed of trust (each such mortgage or deed of trust a
“Mortgage,” and each such property a “Mortgaged Property”), with such changes as may be required to account for local law matters, at the time of such incurrence, in proper form for recording in all
applicable jurisdictions, in a form and substance reasonably satisfactory to the Collateral Trustee, the Controlling Representative and the Issuer and such other Grantors are jointly and severally liable to pay all filing and recording fees and
taxes, documentary stamp taxes and other taxes, charges and fees, if any, necessary for filing or recording in the recording office of each jurisdiction where such real property to be encumbered thereby is situated; 

(2) the Issuer or the applicable Grantor will cause to be delivered a local counsel opinion with respect to each such Mortgaged
Property in form and substance, and issued by law firms, in each case, reasonably satisfactory to the Collateral Trustee and the Controlling Representative; 

(3) the Issuer or the applicable Grantor will cause a title company reasonably acceptable to the Collateral Trustee and the
Controlling Representative to have delivered to the Collateral Trustee a title insurance policy (or, as applicable, an endorsement to each title insurance policy previously delivered to the Collateral Trustee with respect to the Mortgage or
Mortgages for such Parity Lien Obligations), date down(s) or other evidence reasonably satisfactory to the Collateral Trustee and the Controlling Representative (which may include a new title insurance policy) (each such delivery, a
“Title Datedown Product”), in each case insuring that (i) the validity, enforceability and priority of the Liens of the applicable Mortgage(s) as security for the Parity Lien Obligations (including such Additional Parity
Lien Debt) has not changed and, if a new Mortgage is entered into, that the Lien of such new Mortgage securing the Parity Lien Debt then being incurred shall be enforceable and have the same priority as any existing Mortgage securing then existing
Parity Lien Obligations, as applicable, (ii) confirming and/or insuring that since the later of the original date of such title insurance product and the date of the Title Datedown Product delivered most recently prior to (and not in connection
with) such Additional Parity Lien Debt, there has been no change in the condition of title and (iii) there are no intervening liens or encumbrances which may then or thereafter take priority over the Lien of the applicable Mortgage(s), in each
case other than with respect to Liens permitted by each Parity Lien Document (without adding any additional exclusions or exceptions to coverage); and 

  
 18 

 (4) the Issuer or the applicable Grantor shall, upon the request of the
Collateral Trustee or the Controlling Representative, deliver to the approved title company, the Collateral Trustee and/or all other relevant third parties all other items reasonably necessary to record each such Mortgage and Modification, to issue
a Title Datedown Product and to create, perfect or preserve the validity, enforceability and priority of the Lien of the mortgage(s) as set forth above and contemplated hereby and by the Parity Lien Documents. 

ARTICLE 4. 
 OBLIGATIONS
ENFORCEABLE BY THE ISSUER AND THE OTHER GRANTORS 
 Section 4.1 Release or Subordination of Liens on Collateral. 

(a) The Collateral Trustee’s Liens upon the Collateral will be released or subordinated in any of the following circumstances: 

(1) in whole, upon (A) payment in full and discharge of all outstanding Parity Lien Debt and all other Parity Lien
Obligations that are outstanding, due and payable at the time all of the Parity Lien Debt is paid in full and discharged and (B) termination or expiration of all commitments to extend credit under all Parity Lien Documents and the cancellation
or termination, cash collateralization (at the lower of (i) 105% of the aggregate undrawn amount and (ii) the percentage of the aggregate undrawn amount required for release of Liens under the terms of the applicable Parity Lien Documents)
of all outstanding letters of credit issued pursuant to any Parity Lien Documents or, solely to the extent if any agreed to by the issuer of any outstanding letter of credit issued pursuant to any Parity Lien Document, the issuance of a back to back
letter of credit in favor of the issuer of any such outstanding letter of credit in an amount equal to such outstanding letter of credit and issued by a financial institution acceptable to such issuer; 

(2) as to any Collateral that is sold, transferred or otherwise disposed of by the Issuer or any Guarantor to a Person that is
not (either before or after such sale, transfer or disposition) the Issuer or a Restricted Subsidiary of the Company in a transaction or other circumstance that complies with Section 4.10 of the Indenture and is permitted by all of the other
Parity Lien Documents, at the time of such sale, transfer or other disposition or to the extent of the interest sold, transferred or otherwise disposed of; provided that the Collateral Trustee’s Liens upon the Collateral will not be
released if the sale or disposition is subject to Section 5.01 of the Indenture; 
 (3) as to a release of less than all
or substantially all of the Collateral (other than pursuant to clause (2) above), if consent to the release of all Parity Liens on such Collateral has been given by an Act of Required Secured Parties; provided, that this clause
(3) shall not apply to sales or dispositions subject to Section 5.01 of the Indenture; 
 (4) as to a release of
all or substantially all of the Collateral (other than pursuant to clause (1) above), if (A) consent to release of that Collateral has been given by the requisite percentage or number of holders of each Series of Parity Lien Debt at the

  
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time outstanding as provided for in the applicable Parity Lien Documents, and (B) the Issuer has delivered an Officers’ Certificate to the Collateral Trustee certifying that any such
necessary consents have been obtained; 
 (5) if any Guarantor is released from its obligations under each of the Parity Lien
Documents, then the Parity Liens on such Collateral and the obligations of such Guarantor under its Guarantee of the Parity Lien Obligations, shall be automatically, unconditionally and simultaneously released; 

(6) as directed by an Act of Required Secured Parties accompanied by an Officers’ Certificate to the effect that the
release or subordination was permitted by each applicable Parity Lien Document; 
 (7) as ordered pursuant to applicable law
under a final and non-appealable order or judgment of a court of competent jurisdiction; and 
 (8) as provided in the
Intercreditor Agreement. 
 (b) The Collateral Trustee agrees for the benefit of the Issuer and the other Grantors that if the Collateral
Trustee at any time receives: 
 (1) an Officers’ Certificate stating that (A) each signing officer has read
Article 4 of this Agreement and understands the provisions and the definitions relating hereto, (B) such officer has made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether
or not the conditions precedent in this Agreement and all other Parity Lien Documents, if any, relating to the release of the Collateral have been complied with and (C) in the opinion of such officer, such conditions precedent, if any, have
been complied with; 
 (2) the proposed instrument or instruments releasing such Lien as to such property in recordable form,
if applicable; and 
 (3) the written confirmation of each Parity Lien Representative (such confirmation to be given
following receipt of, and based solely on, the Officers’ Certificate described in clause (1) above) that, in its view, such release is permitted by Section 4.1(a) and the respective Parity Lien Documents governing the Parity Lien
Obligations the holders of which such Parity Lien Representative represents, 
 then the Collateral Trustee will execute (with such acknowledgements and/or
notarizations as are required) and deliver such release to the Issuer or other applicable Grantor on or before the later of (x) the date specified in such request for such release and (y) the fifth Business Day after the date of receipt of
the items required by this Section 4.1(b) by the Collateral Trustee. 
 (c) The Collateral Trustee hereby agrees that: 

(1) in the case of any release pursuant to clause (2) of Section 4.1(a), if the terms of any such sale, transfer or
other disposition require the payment of the purchase price to be contemporaneous with the delivery of the applicable release, then, at the 

  
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written request of and at the expense of the Issuer or other applicable Grantor, the Collateral Trustee will either (A) be present at and deliver the release at the closing of such
transaction or (B) deliver the release under customary escrow arrangements that permit such contemporaneous payment and delivery of the release; and 

(2) at any time when a Parity Lien Debt Default has occurred and is continuing, within three Business Days of the receipt by it
of any Act of Required Secured Parties pursuant to Section 4.1(a)(3), the Collateral Trustee will deliver a copy of such Act of Required Secured Parties to each Parity Lien Representative. 

(d) Each Parity Lien Representative hereby agrees that: 

(1) as soon as reasonably practicable after receipt of an Officers’ Certificate from the Issuer pursuant to
Section 4.1(b)(1), it will, to the extent required by such Section, provide (A) the written confirmation required by Section 4.1(b)(3), (B) a written statement that such release is not permitted by Section 4.1(a) or
(C) a written request for further information from the Issuer reasonably necessary to determine whether the proposed release is permitted by Section 4.1(a) and after receipt of such information such Parity Lien Representative will as soon
as reasonably practicable either provide the written confirmation or statement required pursuant to clause (A) or (B), as applicable; and 

(2) within three Business Days of the receipt by it of any notice from the Collateral Trustee pursuant to
Section 4.1(c)(2), such Parity Lien Representative will deliver a copy of such notice to each registered holder of the Series of Parity Lien Debt for which it acts as Parity Lien Representative. 

Section 4.2 Delivery of Copies to Parity Lien Representatives. The Issuer will deliver to each Parity Lien Representative a copy
of each Officers’ Certificate delivered to the Collateral Trustee pursuant to Section 4.1(b), together with copies of all documents delivered to the Collateral Trustee with such Officers’ Certificate. The Parity Lien Representatives
will not be obligated to take notice thereof or to act thereon, subject to Section 4.1(d). 
 Section 4.3 Collateral Trustee
not Required to Serve, File or Record. The Collateral Trustee is not required to serve, file, register or record any instrument releasing or subordinating its Liens on any Collateral; provided, however, that if the Issuer or any other
Grantor shall make a written demand for a termination statement under Section 9-513(c) of the UCC, the Collateral Trustee shall comply with the written request of such Issuer or Grantor to comply with the requirements of such UCC provision;
provided, further, that the Collateral Trustee must first confirm with the Parity Lien Representatives that the requirements of such UCC provisions have been satisfied. 

  
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 Section 4.4 Release of Liens in Respect of any Series of Parity Lien Debt. 

(a) Release of Liens in Respect of the Notes. In addition to any release pursuant to Section 4.1 hereof, the Collateral
Trustee’s Liens upon the Collateral will no longer secure the Notes outstanding under the Indenture or any other Obligations under the Indenture, and the right of the holders of the Notes and such Obligations to the benefits and proceeds of the
Collateral Trustee’s Liens on the Collateral will terminate and be discharged: 
 (1) upon satisfaction and discharge of
the Indenture as set forth under Section 12.01 of the Indenture; 
 (2) upon a Legal Defeasance or Covenant Defeasance
as set forth under, respectively, Section 8.02 or 8.03 of the Indenture; 
 (3) upon payment in full and discharge of
all Notes outstanding under the Indenture and all Obligations that are outstanding, due and payable under the Indenture at the time the Notes are paid in full and discharged; or 

(4) in whole or in part, with the consent of the holders of the requisite percentage of Notes in accordance with the provisions
of Section 9.01 of the Indenture. 
 (b) Release of Liens in Respect of Series of Parity Lien Debt other than the Notes.
In addition to any release pursuant to Section 4.1 hereof, as to any Series of Parity Lien Debt other than the Notes, the Collateral Trustee’s Lien will no longer secure such Series of Parity Lien Debt if such Parity Lien Debt has been
paid in full in cash, all commitments to extend credit in respect of such Series of Parity Lien Debt have been terminated and all other Parity Lien Obligations related thereto that are outstanding and unpaid at the time such Series of Parity Lien
Debt is paid are also paid in full in cash (other than any obligations for taxes, costs, indemnifications, reimbursements, damages and other liabilities in respect of which no claim or demand for payment has been made at such time). 

(c) Release of Liens with respect to Affiliate Securities. In the event that Rule 3-16 of Regulation S-X under the Securities
Act requires or would require the filing with the Securities and Exchange Commission of separate financial statements of any “affiliate” of the Issuer due to the fact that such affiliate’s “securities” secure any Series of
Parity Lien Debt, then such “securities” shall automatically be deemed not to constitute security for any Series of Parity Lien Debt so affected (but shall continue to constitute collateral for any Series of Parity Lien Debt not having the
above described effect). As used herein, “securities” and “affiliate” shall have the meaning set forth in Regulation S-X or such other law, rule or regulation, as applicable. In addition, any Series of Parity Lien Debt may
disclaim the benefit of any Affiliate Securities in any Collateral Trust Joinder. 
 ARTICLE 5. 

IMMUNITIES OF THE COLLATERAL TRUSTEE 

Section 5.1 No Implied Duty. The Collateral Trustee will not have any fiduciary duties nor will it have responsibilities or
obligations other than those expressly assumed by it in this Agreement and the other Parity Lien Security Documents. The Collateral Trustee will not be required to take any action that is contrary to applicable law or any provision of this Agreement
or the other Parity Lien Security Documents. 

  
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 Section 5.2 Appointment of Agents and Advisors. The Collateral Trustee may execute
any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents, attorneys, accountants, appraisers or other experts or advisors selected by it in good faith as it may reasonably require and will not be
responsible for any misconduct or negligence on the part of any of them. 
 Section 5.3 Other Agreements. The Collateral Trustee
has accepted its appointment as Collateral Trustee hereunder and is bound by the Parity Lien Security Documents executed by the Collateral Trustee as of the date of this Agreement and, as directed by an Act of Required Secured
Parties, the Collateral Trustee shall execute additional Parity Lien Security Documents delivered to it after the date of this Agreement; provided, however, that such additional Parity Lien Security Documents do not adversely affect the
rights, privileges, benefits and immunities of the Collateral Trustee. The Collateral Trustee will not otherwise be bound by, or be held obligated by, the provisions of any credit agreement, indenture or other agreement governing Parity Lien Debt
(other than this Agreement and the other Parity Lien Security Documents to which it is a party). 
 Section 5.4 Solicitation of
Instructions. 
 (a) The Collateral Trustee may at any time solicit written confirmatory instructions, in the form of an Act of Required
Secured Parties, an Officers’ Certificate or an order of a court of competent jurisdiction, as to any action that it may be requested or required to take, or that it may propose to take, in the performance of any of its obligations under this
Agreement or the other Parity Lien Security Documents. 
 (b) No written direction given to the Collateral Trustee by an Act of Required
Secured Parties that in the sole judgment of the Collateral Trustee imposes, purports to impose or might reasonably be expected to impose upon the Collateral Trustee any obligation or liability not set forth in or arising under this Agreement and
the other Parity Lien Security Documents will be binding upon the Collateral Trustee unless the Collateral Trustee elects, at its sole option, to accept such direction. 

Section 5.5 Limitation of Liability. The Collateral Trustee will not be responsible or liable for any action taken or omitted to
be taken by it hereunder or under any other Parity Lien Security Document, except for its own negligence, bad faith or willful misconduct as determined by a court of competent jurisdiction. 

Section 5.6 Documents in Satisfactory Form. The Collateral Trustee will be entitled to require that all agreements, certificates,
opinions, instruments and other documents at any time submitted to it, including those expressly provided for in this Agreement, be delivered to it in a form and with substantive provisions reasonably satisfactory to it. 

Section 5.7 Entitled to Rely. The Collateral Trustee may seek and rely upon, and shall be fully protected in relying upon, any
judicial order or judgment, upon any advice, opinion or statement of legal counsel, independent consultants and other experts selected by it in good faith and upon any certification, instruction, notice or other writing delivered to it by the Issuer
or any other Grantor in compliance with the provisions of this Agreement or delivered to it by any 

  
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Parity Lien Representative as to the Parity Lien Secured Parties for whom it acts, without being required to determine the authenticity thereof or the correctness of any fact stated therein or
the propriety or validity of service thereof. The Collateral Trustee may act in reliance upon any instrument comporting with the provisions of this Agreement or any signature reasonably believed by it to be genuine and may assume that any Person
purporting to give notice or receipt or advice or make any statement or execute any document in connection with the provisions hereof or the other Parity Lien Security Documents has been duly authorized to do so. To the extent an Officers’
Certificate or opinion of counsel is required or permitted under this Agreement to be delivered to the Collateral Trustee in respect of any matter, the Collateral Trustee may rely conclusively on such Officers’ Certificate or opinion of counsel
as to such matter and such Officers’ Certificate or opinion of counsel shall be full warranty and protection to the Collateral Trustee for any action taken, suffered or omitted by it under the provisions of this Agreement and the other Parity
Lien Security Documents. 
 Section 5.8 Parity Lien Debt Default. The Collateral Trustee will not be required to inquire as to
the occurrence or absence of any Parity Lien Debt Default and will not be affected by or required to act upon any notice or knowledge as to the occurrence of any Parity Lien Debt Default unless and until it is directed by an Act of Required Secured
Parties. 
 Section 5.9 Actions by Collateral Trustee. As to any matter not expressly provided for by this Agreement or the
other Parity Lien Security Documents, the Collateral Trustee will act or refrain from acting as directed by an Act of Required Secured Parties and will be fully protected if it does so, and any action taken, suffered or omitted pursuant to hereto or
thereto shall be binding on the Parity Lien Secured Parties. 
 Section 5.10 Security or Indemnity in favor of the Collateral
Trustee. The Collateral Trustee will not be required to advance or expend any funds or otherwise incur any financial liability in the performance of its duties or the exercise of its powers or rights hereunder unless it has been provided with
security or indemnity reasonably satisfactory to it against any and all liability or expense which may be incurred by it by reason of taking or continuing to take such action. 

Section 5.11 Rights of the Collateral Trustee. In the event of any conflict between any terms and provisions set forth in this
Agreement and those set forth in any other Parity Lien Security Document, the terms and provisions of this Agreement shall supersede and control the terms and provisions of such other Parity Lien Security Document. In the event there is any bona
fide, good faith disagreement between the other parties to this Agreement or any of the other Parity Lien Security Documents resulting in adverse claims being made in connection with Collateral held by the Collateral Trustee and the terms of this
Agreement or any of the other Parity Lien Security Documents do not unambiguously mandate the action the Collateral Trustee is to take or not to take in connection therewith under the circumstances then existing, or the Collateral Trustee is in
doubt as to what action it is required to take or not to take hereunder or under the other Parity Lien Security Documents, it will be entitled to refrain from taking any action (and will incur no liability for doing so) until directed otherwise in
writing by a request signed jointly by the parties hereto entitled to give such direction or by order of a court of competent jurisdiction. 

  
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 Section 5.12 Limitations on Duty of Collateral Trustee in Respect of Collateral. 

(a) Beyond the exercise of reasonable care in the custody of Collateral in its possession, the Collateral Trustee will have no duty as to any
Collateral in its possession or control or in the possession or control of any agent or bailee or any income thereon or as to preservation of rights against prior parties or any other rights pertaining thereto and the Collateral Trustee will not be
responsible for filing any financing or continuation statements or recording any documents or instruments in any public office at any time or times or otherwise perfecting or maintaining the perfection of any Liens on the Collateral; provided,
however, that, notwithstanding the foregoing, the Collateral Trustee will execute, file or record UCC-3 continuation statements and other documents and instruments to preserve, protect or perfect the security interests granted to the Collateral
Trustee (subject to the priorities set forth herein) if it shall receive a specific written request to execute, file or record the particular continuation statement or other specific document or instrument by any Parity Lien Representative. The
Collateral Trustee shall deliver to each other Parity Lien Representative a copy of any such written request. The Collateral Trustee will be deemed to have exercised reasonable care in the custody of the Collateral in its possession if the
Collateral is accorded treatment substantially equal to that which it accords its own property, and the Collateral Trustee will not be liable or responsible for any loss or diminution in the value of any of the Collateral by reason of the act or
omission of any carrier, forwarding agency or other agent or bailee selected by the Collateral Trustee in good faith. 
 (b) Except as
provided in paragraph 5.12(a), the Collateral Trustee will not be responsible for the existence, genuineness or value of any of the Collateral or for the validity, perfection, priority or enforceability of the Liens in any of the Collateral, whether
impaired by operation of law or by reason of any action or omission to act on its part hereunder, except to the extent such action or omission constitutes negligence, bad faith or willful misconduct on the part of the Collateral Trustee, for the
validity or sufficiency of the Collateral or any agreement or assignment contained therein, for the validity of the title of any Grantor to the Collateral, for insuring the Collateral or for the payment of taxes, charges, assessments or Liens upon
the Collateral or otherwise as to the maintenance of the Collateral. The Collateral Trustee hereby disclaims any representation or warranty to the current and future holders of the Parity Lien Obligations concerning the perfection of the security
interests granted to it or in the value of any Collateral. 
 Section 5.13 Assumption of Rights, Not Assumption of Duties.
Notwithstanding anything to the contrary contained herein: 
 (1) each of the parties thereto will remain liable under each
of the Parity Lien Security Documents (other than this Agreement) to the extent set forth therein to perform all of their respective duties and obligations thereunder to the same extent as if this Agreement had not be executed; 

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

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

ARTICLE 6. 
 RESIGNATION AND
REMOVAL OF THE COLLATERAL TRUSTEE 
 Section 6.1 Resignation or Removal of Collateral Trustee. Subject to the appointment of a
successor Collateral Trustee as provided in Section 6.2 and the acceptance of such appointment by the successor Collateral Trustee: 

(a) the Collateral Trustee may resign at any time by giving not less than 30 days’ notice of resignation to each Parity
Lien Representative and the Issuer; and 
 (b) the Collateral Trustee may be removed at any time, with or without cause, by
an Act of Required Secured Parties. 
 Section 6.2 Appointment of Successor Collateral Trustee. Upon any such resignation or
removal, a successor Collateral Trustee may be appointed by an Act of Required Secured Parties, subject to the consent of the Issuer (such consent not to be unreasonably withheld, conditioned or delayed) so long as no default or event of default has
occurred and is continuing under any Parity Lien Document. If no successor Collateral Trustee has been so appointed and accepted such appointment within 30 days after the predecessor Collateral Trustee gave notice of resignation or was removed, the
retiring Collateral Trustee may (at the expense of the Issuer), at its option, appoint a successor Collateral Trustee, or petition a court of competent jurisdiction for appointment of a successor Collateral Trustee, which must be a bank or trust
company: 
 (1) authorized to exercise corporate trust powers; 

(2) having a combined capital and surplus of at least $500,000,000; and 

(3) that is not the Issuer or an Affiliate of the Issuer. 

  
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 The Collateral Trustee will fulfill its obligations hereunder until a successor Collateral
Trustee meeting the requirements of this Section 6.2 has accepted its appointment as Collateral Trustee and the provisions of Section 6.3 have been satisfied. 

Section 6.3 Succession. When the Person so appointed as successor Collateral Trustee accepts such appointment: 

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

(2) the predecessor Collateral Trustee will (at the expense of the Issuer) promptly transfer all Liens and collateral security
and other property of the Trust Estate within its possession or control to the possession or control of the successor Collateral Trustee and will execute instruments and assignments as may be necessary or desirable or reasonably requested by the
successor Collateral Trustee to transfer to the successor Collateral Trustee all Liens, interests, rights, powers and remedies of the predecessor Collateral Trustee in respect of the Security Documents or the Trust Estate. 

Thereafter the predecessor Collateral Trustee will remain entitled to enforce the immunities granted to it in Article 5 and the provisions of Sections
7.8 and 7.9. 
 Section 6.4 Merger, Conversion or Consolidation of Collateral Trustee. Any Person into which the Collateral
Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Collateral Trustee shall be a party, or any Person succeeding to the corporate trust business
of the Collateral Trustee shall be the successor of the Collateral Trustee pursuant to Section 6.3, provided that (i) without the execution or filing of any paper with any party hereto or any further act on the part of any of the
parties hereto, except where an instrument of transfer or assignment is required by law to effect such succession, anything herein to the contrary notwithstanding, such Person satisfies the eligibility requirements specified in clauses
(1) through (3) of Section 6.2 and (ii) to the extent necessary, the successor Collateral Trustee shall provide in writing to the Issuer and each Parity Lien Representative updated notice information as to such successor
Collateral Trustee for the purposes of Section 7.6. 

  
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 ARTICLE 7. 

MISCELLANEOUS PROVISIONS 

Section 7.1 Amendment. 

(a) No amendment or supplement to the provisions of any Parity Lien Security Document will be effective without the approval of the Collateral
Trustee acting as directed by an Act of Required Secured Parties, except that: 
 (1) any amendment or supplement that has
the effect solely of: 
 (A) adding or maintaining Collateral, securing additional Parity Lien Obligations that are otherwise
not prohibited by the terms of any Parity Lien Document to be secured by the Collateral or preserving, perfecting or establishing the Liens thereon or the rights of the Collateral Trustee therein; or 

(B) providing for the assumption of the Issuer’s or any Guarantor’s obligations under any Parity Lien Document in the
case of a merger or consolidation or sale of all or substantially all of the assets of the Issuer or such Guarantor to the extent not prohibited by the terms of the indenture governing the notes or any other Parity Lien Documents, as applicable;

 will become effective when executed and delivered by the Issuer or any other applicable Grantor party thereto and the Collateral Trustee;

 (2) no amendment or supplement that reduces, impairs or adversely affects the right of any Parity Lien Secured Party: 

(A) to vote its outstanding Parity Lien Debt as to any matter described as subject to an Act of Required Secured Parties or
direction by the Required Parity Lien Debtholders (or amends the provisions of this clause (2) or the definition of “Act of Required Secured Parties” or “Required Parity Lien Debtholders”); 

(B) to share in the order of application described in Section 3.4 in the proceeds of enforcement of or realization on any
Collateral that has not been released in accordance with the provisions described in Section 4.1 or 4.4; 
 (C) to
require that Liens securing Parity Lien Obligations be released only as set forth in Section 4.1(a) or 4.4; or 
 (D)
under this Section 7.1, 
 will become effective without the consent of the requisite percentage or number of holders of each Series of
Parity Lien Debt so affected under the applicable Parity Lien Document; and 
 (3) no amendment or supplement that imposes
any obligation upon the Collateral Trustee or any Parity Lien Representative or adversely affects the rights of the Collateral Trustee or any Parity Lien Representative, respectively, in its individual capacity as such will become effective without
the consent of the Collateral Trustee or such Parity Lien Representative, respectively. 
 (b) The Collateral Trustee will not enter into
any amendment or supplement unless it has received an Officers’ Certificate to the effect that such amendment or supplement will not result in a breach of any provision or covenant contained in any of the Parity Lien Documents. Prior to
executing any amendment or supplement pursuant to this Section 7.1, the Collateral 

  
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Trustee will be entitled to receive an opinion of counsel of the Issuer to the effect that the execution of such document is authorized or permitted hereunder, and with respect to amendments
adding Collateral, an opinion of counsel of the Issuer addressing customary creation and perfection, and if such additional Collateral consists of equity interests of any Person which equity interests constitute certificated securities, priority
matters with respect to such additional Collateral (which opinion may be subject to customary assumptions and qualifications). 
 (c) The
Parity Lien Secured Parties and the Parity Lien Representatives agree that each Parity Lien Security Document will include the following language: 

“Notwithstanding anything herein to the contrary, the lien and security interest granted to the Collateral Trustee pursuant to this
[Agreement] and the exercise of any right or remedy by such Collateral Trustee hereunder are subject to the provisions of the Collateral Trust Agreement, dated as of August 1, 2013, among Alliance One International, Inc., the other Grantors
from time to time party thereto, Law Debenture Trust Company of New York, as Trustee under the Indenture (as defined therein), and Law Debenture Trust Company of New York, as Collateral Trustee (as amended, supplemented, amended and restated or
otherwise modified and in effect from time to time, the “Collateral Trust Agreement”). In the event of any conflict between the terms of the Collateral Trust Agreement and this [Agreement], the terms of the Collateral Trust
Agreement will govern.” 
 ; provided, however, that if the jurisdiction in which any such Parity Lien Document will be filed prohibits the
inclusion of the language above or would prevent a document containing such language from being recorded, the Parity Lien Representatives agree, prior to such Parity Lien Document being entered into, to negotiate in good faith replacement language
stating that the lien and security interest granted under such Parity Lien Document is subject to the provisions of this Agreement. 

Section 7.2 Voting. In connection with any matter under this Agreement requiring a vote of holders of Parity Lien Debt, each
Series of Parity Lien Debt will cast its votes in accordance with the Parity Lien Documents governing such Series of Parity Lien Debt. The amount of Parity Lien Debt to be voted by a Series of Parity Lien Debt will equal (1) the aggregate
principal amount of Parity Lien Debt held by such Series of Parity Lien Debt (including outstanding letters of credit whether or not then available or drawn), plus (2) other than in connection with an exercise of remedies, the aggregate
unfunded commitments to extend credit which, when funded, would constitute Funded Debt of such Series of Parity Lien Debt. Following and in accordance with the outcome of the applicable vote under its Parity Lien Documents, the Parity Lien
Representative of each Series of Parity Lien Debt will vote the total amount of Parity Lien Debt under that series as a block in respect of any vote under this Agreement. 

Section 7.3 Further Assurances. 

(a) The Issuer and each of the Guarantors will do or cause to be done all acts and things that may be required, or that the Collateral Trustee
from time to time may reasonably request, to assure and confirm that the Collateral Trustee holds, for the benefit of the Parity Lien 

  
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Secured Parties, duly created and enforceable and perfected Liens upon the Collateral (including any property or assets that are acquired or otherwise become, or are required by any Parity Lien
Document to become, Collateral after the date hereof), in each case, as contemplated by, and with the Lien priority required under, the Parity Lien Documents. Without limiting the foregoing, to the extent that any Lien on the Collateral cannot be
perfected on or prior to the date of the indenture after the use of all commercially reasonable efforts, the Issuer and each of the Guarantors will use their respective commercially reasonable efforts to do or cause to be done all acts and things
that may be required, including obtaining any required consents from third parties, to have all security interests in the Collateral duly created and enforceable and perfected, to the extent required by the Parity Lien Security Documents, and obtain
title insurance promptly following the date of the Indenture, but in no event later than 60 days thereafter. 
 (b) Upon the reasonable
request of the Collateral Trustee or any Parity Lien Representative at any time and from time to time, the Company and each of the Guarantors will promptly execute, acknowledge and deliver such Parity Lien Security Documents, instruments,
certificates, notices and other documents, and take such other actions as shall be reasonably required, or that the Collateral Trustee may reasonably request, to create, perfect, protect, assure or enforce the Liens and benefits intended to be
conferred, in each case as contemplated by the Parity Lien Documents for the benefit of the Parity Lien Secured Parties. 
 Section 7.4
Successors and Assigns. 
 (a) Except as provided in Section 5.2, the Collateral Trustee may not, in its capacity as such,
delegate any of its duties or assign any of its rights hereunder, and any attempted delegation or assignment of any such duties or rights will be null and void. All obligations of the Collateral Trustee hereunder will inure to the sole and exclusive
benefit of, and be enforceable by, each present and future holder of Parity Lien Obligations and each present and future Parity Lien Representative, each of whom will be entitled to enforce this Agreement as a third-party beneficiary hereof, and all
of their respective successors and assigns. 
 (b) Neither the Issuer nor any other Grantor may delegate any of its duties or assign any of
its rights hereunder, and any attempted delegation or assignment of any such duties or rights will be null and void. All obligations of the Issuer and the other Grantors hereunder will inure to the sole and exclusive benefit of, and be enforceable
by, the Collateral Trustee, each present and future holder of Parity Lien Obligations and each present and future Parity Lien Representative, each of whom will be entitled to enforce this Agreement as a third-party beneficiary hereof, and all of
their respective successors and assigns. 
 Section 7.5 Delay and Waiver. No failure to exercise, no course of dealing with
respect to the exercise of, and no delay in exercising, any right, power or remedy arising under this Agreement or any of the other Parity Lien Security Documents will impair any such right, power or remedy or operate as a waiver thereof. No single
or partial exercise of any such right, power or remedy will preclude any other or future exercise thereof or the exercise of any other right, power or remedy. The remedies herein are cumulative and are not exclusive of any remedies provided by law.

  
 30 

 Section 7.6 Notices. Any communications, including notices and instructions, between
the parties hereto or notices provided herein to be given may be given to the following addresses: 
  

			
	If to the Collateral Trustee:	    	Law Debenture Trust Company of New York
		    	400 Madison Avenue
		    	New York, New York 10017
		    	Facsimile No.: (212) 750-1361
		    	Attention: James Heaney
		
	If to the Issuer or any other	    	c/o Alliance One International, Inc.
	Grantor:	    	Alliance One International, Inc.
		    	8001 Aerial Center Parkway
		    	Morrisville, NC 27560-2009
		    	Facsimile No.: (919) 379-4131
		    	Attention: Joel Thomas, Vice President - Treasurer
		
		    	With a copy to:
		
		    	Robinson, Bradshaw & Hinson, P.A.
		    	101 North Tyron Street, Suite 1900
		    	Charlotte, NC 28246
		    	Facsimile No.: (704) 373-3982
		    	Attention: Stephan J. Willen, Esq.
		
	If to the Trustee:	    	Law Debenture Trust Company of New York
		    	400 Madison Avenue
		    	New York, New York 10017
		    	Facsimile No.: (212) 750-1361
		    	Attention: James Heaney

 and if to any other Parity Lien Representative, to such address as it may specify by written notice to the parties named
above. 
 All notices and communications will be mailed by first class mail, certified or registered, return receipt requested, or by
overnight air courier guaranteeing next day delivery, to the relevant address set forth above or, as to holders of Parity Lien Debt, its address shown on the register kept by the office or agency where the relevant Parity Lien Debt may be presented
for registration of transfer or for exchange. To the extent applicable, any notice or communication will also be so mailed to any Person described in § 313(c) of the Trust Indenture Act of 1939, as amended, to the extent required
thereunder. Failure to mail a notice or communication to a holder of Parity Lien Debt or any defect in it will not affect its sufficiency with respect to other holders of Parity Lien Debt. 

If a notice or communication is mailed in the manner provided above within the time prescribed, it is duly given, whether or not the addressee
receives it. 

  
 31 

 Section 7.7 Entire Agreement. This Agreement states the complete agreement of the
parties relating to the undertaking of the Collateral Trustee set forth herein and supersedes all oral negotiations and prior writings in respect of such undertaking. 

Section 7.8 Compensation; Expenses. The Grantors jointly and severally agree to pay, promptly upon demand: 

(1) such compensation to the Collateral Trustee and its agents as the Issuer and the Collateral Trustee may agree in writing
from time to time; 
 (2) all reasonable costs and expenses incurred by the Collateral Trustee and its agents in the
preparation, execution, delivery, filing, recordation, administration or enforcement of this Agreement or any other Parity Lien Security Document or any consent, amendment, waiver or other modification relating hereto or thereto; 

(3) all reasonable fees, expenses and disbursements of legal counsel and any auditors, accountants, consultants or appraisers
or other professional advisors and agents engaged by the Collateral Trustee or any Parity Lien Representative incurred in connection with the negotiation, preparation, closing, administration, performance or enforcement of this Agreement and the
other Parity Lien Security Documents or any consent, amendment, waiver or other modification relating hereto or thereto and any other document or matter requested by the Issuer or any other Grantor; 

(4) all reasonable costs and expenses incurred by the Collateral Trustee and its agents in creating, perfecting, preserving,
releasing or enforcing the Collateral Trustee’s Liens on the Collateral, including filing and recording fees, expenses and taxes, stamp or documentary taxes, search fees, and title insurance premiums; 

(5) all other reasonable costs and expenses incurred by the Collateral Trustee and its agents in connection with the
negotiation, preparation and execution of the Parity Lien Security Documents and any consents, amendments, waivers or other modifications thereto and the transactions contemplated thereby or the exercise of rights or performance of obligations by
the Collateral Trustee thereunder; and 
 (6) after the occurrence of any Parity Lien Debt Default, all costs and expenses
incurred by the Collateral Trustee, its agents and any Parity Lien Representative in connection with the preservation, collection, foreclosure or enforcement of the Collateral subject to the Parity Lien Security Documents or any interest, right,
power or remedy of the Collateral Trustee or in connection with the collection or enforcement of any of the Parity Lien Obligations or the proof, protection, administration or resolution of any claim based upon the Parity Lien Obligations in any
Insolvency or Liquidation Proceeding, including all fees and disbursements of attorneys, accountants, auditors, consultants, appraisers and other professionals engaged by the Collateral Trustee, its agents or the Parity Lien Representatives. 

The agreements in this Section 7.8 will survive repayment of all other Parity Lien Obligations and the removal or resignation of the Collateral Trustee.

  
 32 

 Section 7.9 Indemnity. 

(a) The Grantors jointly and severally agree to defend, indemnify, pay and hold harmless the Collateral Trustee, each Parity Lien
Representative, each Parity Lien Secured Party and each of their respective Affiliates and each and all of the directors, officers, partners, trustees, employees, attorneys and agents, and (in each case) their respective heirs, representatives,
successors and assigns (each of the foregoing, an “Indemnitee”) from and against any and all Indemnified Liabilities; provided, no Indemnitee will be entitled to indemnification hereunder with respect to
any Indemnified Liability to the extent such Indemnified Liability is found by a final and non-appealable decision of a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of such Indemnitee. 

(b) All amounts due under this Section 7.9 will be payable upon demand. 

(c) To the extent that the undertakings to defend, indemnify, pay and hold harmless set forth in Section 7.9(a) may be unenforceable in
whole or in part because they violate any law or public policy, each of the Grantors will contribute the maximum portion that it is permitted to pay and satisfy under applicable law to the payment and satisfaction of all Indemnified Liabilities
incurred by Indemnitees or any of them. 
 (d) No Grantor will ever assert any claim against any Indemnitee, on any theory of liability, for
any lost profits or special, indirect or consequential damages or (to the fullest extent a claim for punitive damages may lawfully be waived) any punitive damages arising out of, in connection with, or as a result of, this Agreement or any other
Parity Lien Document or any agreement or instrument or transaction contemplated hereby or relating in any respect to any Indemnified Liability, and each of the Grantors hereby forever waives, releases and agrees not to sue upon any claim for any
such lost profits or special, indirect, consequential or (to the fullest extent lawful) punitive damages, whether or not accrued and whether or not known or suspected to exist in its favor. 

(e) The agreements in this Section 7.9 will survive repayment of all other Parity Lien Obligations and the removal or resignation of the
Collateral Trustee. 
 Section 7.10 Severability. Any provision of this Agreement which is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. The parties hereto shall endeavor in good-faith negotiations to replace any invalid, illegal or unenforceable provisions with valid provisions the economic effect of which
comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 Section 7.11 Section Headings. The
section headings and Table of Contents used in this Agreement are for convenience of reference only and are not to affect the construction hereof or be taken into consideration in the interpretation hereof. 

  
 33 

 Section 7.12 Obligations Secured. All obligations of the Grantors set forth in or
arising under this Agreement will be Parity Lien Obligations and are secured by all Liens granted under the Parity Lien Security Documents. 

Section 7.13 Governing Law. THIS AGREEMENT AND ANY DISPUTE, CLAIM OR CONTROVERSY ARISING OUT OF OR RELATING TO THIS AGREEMENT
(WHETHER ARISING IN CONTRACT, TORT OR OTHERWISE) SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICTS OF LAW RULES THAT WOULD RESULT IN THE APPLICATION OF A DIFFERENT
GOVERNING LAW (OTHER THAN ANY MANDATORY PROVISIONS OF THE UCC RELATING TO THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OR PRIORITY OF THE SECURITY INTERESTS). 

Section 7.14 Consent to Jurisdiction. All judicial proceedings brought against any party hereto arising out of or relating to this
Agreement may be brought in any state or federal court of competent jurisdiction in the State, County and City of New York. By executing and delivering this Agreement, each Grantor, for itself and in connection with its properties, irrevocably: 

(1) accepts generally and unconditionally the non-exclusive jurisdiction and venue of such courts; 

(2) waives any defense of forum non conveniens; 

(3) agrees that service of all process in any such proceeding in any such court may be made by registered or certified mail,
return receipt requested, to such party at its address provided in accordance with Section 7.6; 
 (4) agrees that
service as provided in clause (3) above is sufficient to confer personal jurisdiction over such party in any such proceeding in any such court and otherwise constitutes effective and binding service in every respect; and 

(5) agrees that each party hereto retains the right to serve process in any other manner permitted by law or to bring
proceedings against any party in the courts of any other jurisdiction. 
 Section 7.15 Waiver of Jury Trial. EACH PARTY HERETO
HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER PARITY LIEN DOCUMENT OR
THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT, BREACH OF DUTY, COMMON LAW, STATUTE OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE 

  
 34 

 
OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER PARITY LIEN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. EACH PARTY
HERETO FURTHER REPRESENTS AND WARRANTS THAT IT HAS REVIEWED THIS WAIVER WITH ITS LEGAL COUNSEL AND THAT IT KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. 

Section 7.16 Counterparts. This Agreement may be executed by one or more of the parties to this Agreement on any number of
separate counterparts (including by facsimile or other electronic imaging means), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Agreement by
facsimile or other electronic transmission (e.g. “pdf” or “tif” format) shall be effective as delivery of a manually executed counterpart hereof. 

Section 7.17 Grantors and Additional Grantors. The Issuer represents and warrants that each Person who is a Grantor on the date
hereof has duly executed this Agreement. The Issuer will cause each Person that hereafter becomes a Grantor or is required by any Parity Lien Document to become a party to this Agreement to become a party to this Agreement, for all purposes of this
Agreement, by causing such Person to execute and deliver to the Collateral Trustee a Collateral Trust Joinder, whereupon such Person will be bound by the terms hereof to the same extent as if it had executed and delivered this Agreement as of the
date hereof. The Issuer shall promptly provide each Parity Lien Representative with a copy of each Collateral Trust Joinder executed and delivered pursuant to this Section 7.17; provided, however, that the failure to so deliver a
copy of the Collateral Trust Joinder to any then existing Parity Lien Representative shall not affect the inclusion of such Person as a Grantor if the other requirements of this Section 7.17 are complied with. 

Section 7.18 Insolvency. This Agreement will be applicable both before and after the commencement of any Insolvency or Liquidation
Proceeding by or against any Grantor. The relative rights, as provided for in this Agreement, will continue after the commencement of any such Insolvency or Liquidation Proceeding on the same basis as prior to the date of the commencement of any
such case, as provided in this Agreement. 
 Section 7.19 Rights and Immunities of Parity Lien Representatives. The Trustee will
be entitled to all of the rights, protections, immunities and indemnities set forth in the Indenture and any future Parity Lien Representative will be entitled to all of the rights, protections, immunities and indemnities set forth in the credit
agreement, indenture or other agreement governing the applicable Parity Lien Debt with respect to which such Person will act as representative, in each case as if specifically set forth herein. In no event will any Parity Lien Representative be
liable for any act or omission on the part of the Grantors or the Collateral Trustee hereunder. 
 Section 7.20 Intercreditor
Agreement. Each Person holding an obligation that is secured hereunder or under any other Parity Lien Security Document, by accepting the benefits of the security provided hereby and/or thereby, (i) consents (or is deemed to consent) to the
subordination of Liens provided for in the Intercreditor Agreement, (ii) agrees (or is deemed to 

  
 35 

 
agree) that it will be bound by, and will take no actions contrary to, the provisions of the Intercreditor Agreement, (iii) authorizes (or is deemed to authorize) the Collateral Trustee on
behalf of such Person to enter into, and perform under, the Intercreditor Agreement and (iv) acknowledges (or is deemed to acknowledge) that a copy of the Intercreditor Agreement was delivered, or made available, to such Person. 

[Signatures follow] 

  
 36 

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

			
	ALLIANCE ONE INTERNATIONAL, INC.
		
	By:	 	 /s/ Robert A. Sheets

	Name:	 	Robert A. Sheets
	Title:	 	Executive Vice President—Chief Financial Officer and Chief Administrative Officer

 
			
	 Law Debenture Trust Company of New York,

as Trustee under the Indenture

		
	By:	 	 /s/ Frank Godino

	Name:	 	Frank Godino
	Title:	 	Vice President

  

			
	 Law Debenture Trust Company of New York,

as Collateral Trustee

		
	By:	 	 /s/ Frank Godino

	Name:	 	Frank Godino
	Title:	 	Vice President

 EXHIBIT A 

to Collateral Trust Agreement 

[FORM OF] 
 ADDITIONAL
PARITY LIEN DEBT DESIGNATION 
 Reference is made to the Collateral Trust Agreement dated as of August 1, 2013 (as
amended, supplemented, amended and restated or otherwise modified and in effect from time to time, the “Collateral Trust Agreement”) among ALLIANCE ONE INTERNATIONAL, INC., a Virginia corporation (the
“Issuer”), the other Grantors from time to time party hereto, LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Trustee under the Indenture (as defined below), and LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Collateral Trustee (in
such capacity and together with its successors in such capacity, the “Collateral Trustee”). Capitalized terms used but not otherwise defined herein have the meanings assigned to them in the Collateral Trust Agreement. This
Additional Parity Lien Debt Designation is being executed and delivered in order to designate additional secured debt as Parity Lien Debt entitled to the benefit of the Collateral Trust Agreement. 

The undersigned, the duly appointed [specify title] of the [Issuer] hereby certifies on behalf of the [Issuer] that: 

(A) [Insert name of the Issuer or other Grantor] intends to incur additional Parity Lien Debt
(“Additional Parity Lien Debt”) which will be Parity Lien Debt permitted by each applicable Parity Lien Document to be secured with a Parity Lien equally and ratably with all previously existing and future
Parity Lien Debt]; 
 (B) the name and address of the Parity Lien Representative for the Additional Parity Lien Debt for
purposes of Section 7.6 of the Collateral Trust Agreement is: 
  

							
	  
	 		 	
	  
	 		 	
	Telephone:	 	  
	 		 	
	Fax:	 	  
	 		 	

 (C) each of the Issuer and each other Grantor has duly authorized, executed (if applicable) and
recorded (or caused to be recorded) in each appropriate governmental office all relevant filings and recordations to ensure that the Additional Parity Lien Debt is secured by the Collateral in accordance with the Parity Lien Security Documents; 

(D) attached as Exhibit 1 hereto is a Reaffirmation Agreement duly executed by the Issuer and each other Grantor and Guarantor,
and 
 (E) the Issuer has caused a copy of this Additional Parity Lien Debt Designation and the related Collateral Trust
Joinder to be delivered to each existing Parity Lien Representative. 

  
 Exhibit A – Page 1

 IN WITNESS WHEREOF, the Issuer has caused this Additional Parity Lien Debt Designation to be duly
executed by the undersigned officer as of             , 20    . 
  

			
	ALLIANCE ONE INTERNATIONAL, INC.
		
	By:	 	  

	Name:	 	
	Title:	 	

 ACKNOWLEDGEMENT OF RECEIPT 

The undersigned, the duly appointed Collateral Trustee under the Collateral Trust Agreement, hereby acknowledges receipt of an executed copy of this
Additional Parity Lien Debt Designation. 
  

			
	 [Insert name of Collateral Trustee],

as Collateral Trustee

		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Exhibit A – Page 2

 Exhibit 1 

to Additional Parity Lien Debt Designation 

[FORM OF] 
 REAFFIRMATION
AGREEMENT 
 Reference is made to the Collateral Trust Agreement dated as of August 1, 2013 (as amended,
supplemented, amended and restated or otherwise modified and in effect from time to time, the “Collateral Trust Agreement”) among ALLIANCE ONE INTERNATIONAL, INC., a Virginia corporation (the
“Issuer”), the other Grantors from time to time party hereto, LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Trustee under the Indenture (as defined below), and LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Collateral Trustee (in
such capacity and together with its successors in such capacity, the “Collateral Trustee”). Capitalized terms used but not otherwise defined herein have the meanings assigned to them in the Collateral Trust Agreement. This
Reaffirmation Agreement is being executed and delivered as of             , 20     in connection with an Additional Parity Lien Debt Designation of even date herewith
which Additional Parity Lien Debt Designation has designated additional secured debt as Parity Lien Debt (as described therein) entitled to the benefit of the Collateral Trust Agreement. 

Each of the undersigned hereby consents to the designation of additional secured debt as Parity Lien Debt as set forth in the Additional
Parity Lien Debt Designation of even date herewith and hereby confirms its respective guarantees, pledges, grants of security interests and other obligations, as applicable, under and subject to the terms of each of the Parity Lien Documents to
which it is party, and agrees that, notwithstanding the designation of such additional indebtedness or any of the transactions contemplated thereby, such guarantees, pledges, grants of security interests and other obligations, and the terms of each
Parity Lien Document to which it is a party, are not impaired or adversely affected in any manner whatsoever and shall continue to be in full force and effect and such additional secured debt shall be entitled to all of the benefits of such Parity
Lien Documents. 
 Governing Law and Miscellaneous Provisions. The provisions of Article 7 of the Collateral Trust Agreement
will apply with like effect to this Reaffirmation Agreement. 
 IN WITNESS WHEREOF, each of the undersigned has caused this Reaffirmation
Agreement to be duly executed as of the date written above. 
  

			
	[Insert names of Issuer and other Grantors and Guarantors]
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Exhibit A – Page 3

 EXHIBIT B 

to Collateral Trust Agreement 

[FORM OF] 
 COLLATERAL
TRUST JOINDER – ADDITIONAL PARITY LIEN DEBT 
 Reference is made to the Collateral Trust Agreement dated as of
August 1, 2013 (as amended, supplemented, amended and restated or otherwise modified and in effect from time to time, the “Collateral Trust Agreement”) among ALLIANCE ONE INTERNATIONAL, INC., a Virginia corporation (the
“Issuer”), the other Grantors from time to time party hereto, LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Trustee under the Indenture (as defined below), and LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Collateral Trustee (in
such capacity and together with its successors in such capacity, the “Collateral Trustee”). Capitalized terms used but not otherwise defined herein have the meanings assigned to them in the Collateral Trust Agreement. This
Collateral Trust Joinder is being executed and delivered pursuant to Section 3.8 of the Collateral Trust Agreement as a condition precedent to the debt for which the undersigned is acting as agent being entitled to the benefits of being
additional secured debt under the Collateral Trust Agreement. 
 1. Joinder. The undersigned,
            , a             , as [trustee, administrative agent] under that certain [described applicable indenture, credit
agreement or other document governing the additional secured debt] (in such capacity, the “New Representative”), hereby agrees to become party as a Parity Lien Representative under the Collateral Trust
Agreement for all purposes thereof on the terms set forth therein, and to be bound by the terms of the Collateral Trust Agreement as fully as if the undersigned had executed and delivered the Collateral Trust Agreement as of the date thereof.

 2. Lien Sharing and Priority Confirmation. The undersigned New Representative, on behalf of itself and each holder of
Obligations in respect of the Series of Parity Lien Debt for which the undersigned is acting as Parity Lien Representative, hereby agrees, for the enforceable benefit of all holders of each existing and future Series of Parity Lien Debt, that: 

(a) all Parity Lien Obligations will be and are secured equally and ratably by all Parity Liens at any time granted by the
Issuer or any Guarantor to secure any Obligations in respect of such Series of Parity Lien Debt, whether or not upon property otherwise constituting collateral for such Series of Parity Lien Debt, and that all such Parity Liens will be enforceable
by the Collateral Trustee for the benefit of all Parity Lien Secured Parties equally and ratably; provided, however, that, notwithstanding the foregoing, this provision will not be violated with respect to any particular Collateral and
any particular Series of Parity Lien Debt if the Parity Lien Documents in respect thereof prohibit the applicable Parity Lien Representative from accepting the benefit of a Lien on any particular asset or property or such Parity Lien Representative
otherwise expressly declines in writing to accept the benefit of a Lien on such asset or property; 
 (b) the New
Representative and each holder of Obligations in respect of the Series of Parity Lien Debt for which the undersigned is acting as Parity Lien Representative are bound by the provisions of this Agreement, including the provisions relating to the
ranking of Parity Liens and the order of application of proceeds from the enforcement of Parity Liens; and 
 (c) the
Collateral Trustee shall perform its obligations under the Collateral Trust Agreement and the other Parity Lien Security Documents. 

  
 Exhibit B – Page 1

 3. Governing Law and Miscellaneous Provisions. The provisions of Article 7 of the
Collateral Trust Agreement will apply with like effect to this Collateral Trust Joinder. 
 IN WITNESS WHEREOF, the parties hereto have
caused this Collateral Trust Joinder to be executed by their respective officers or representatives as of             , 20    . 

 

			
	[Insert name of New Representative]
		
	By:	 	  

	Name:	 	
	Title:	 	

 The Collateral Trustee hereby acknowledges receipt of this Collateral Trust Joinder and agrees to act as Collateral
Trustee for the New Representative and the holders of the Obligations represented thereby: 
  

			
	 [Insert name of Collateral Trustee],

as Collateral Trustee

		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Exhibit B – Page 2

 EXHIBIT C 

to Collateral Trust Agreement 

[FORM OF] 
 COLLATERAL
TRUST JOINDER – ADDITIONAL GRANTOR 
 Reference is made to the Collateral Trust Agreement dated as of August 1,
2013 (as amended, supplemented, amended and restated or otherwise modified and in effect from time to time, the “Collateral Trust Agreement”) among ALLIANCE ONE INTERNATIONAL, INC., a Virginia corporation (the
“Issuer”), the other Grantors from time to time party hereto, LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Trustee under the Indenture (as defined below), and LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Collateral Trustee (in
such capacity and together with its successors in such capacity, the “Collateral Trustee”). Capitalized terms used but not otherwise defined herein have the meanings assigned to them in the Collateral Trust Agreement. This
Collateral Trust Joinder is being executed and delivered pursuant to Section 7.17 of the Collateral Trust Agreement. 

1. Joinder. The undersigned,             , a
            , hereby agrees to become party as a Grantor under the Collateral Trust Agreement for all purposes thereof on the terms set forth therein, and to be bound by the terms of the
Collateral Trust Agreement as fully as if the undersigned had executed and delivered the Collateral Trust Agreement as of the date thereof. 

2. Governing Law and Miscellaneous Provisions. The provisions of Article 7 of the Collateral Trust Agreement will apply with like
effect to this Collateral Trust Joinder. 
 IN WITNESS WHEREOF, the parties hereto have caused this Collateral Trust Joinder to be executed
by their respective officers or representatives as of             , 20    . 
  

			
	[Insert name of new Grantor]
		
	By:	 	  

	Name:	 	
	Title:	 	

 The Collateral Trustee hereby acknowledges receipt of this Collateral Trust Joinder and agrees to act as Collateral
Trustee with respect to the Collateral pledged by the New Grantor: 
  

			
	 [Insert name of Collateral Trustee],

as Collateral Trustee

		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Exhibit C – Page 1

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