Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
  

 
  

INVESTMENT AGREEMENT 
 by and
between 
 COMMSCOPE HOLDING COMPANY, INC. 

and 
 CARLYLE PARTNERS VII S1
HOLDINGS, L.P. 
 Dated as of November 8, 2018 
  

 
  

 

 TABLE OF CONTENTS 
  

							
	 	 	 	  	PAGE	 
	ARTICLE I	  

	
	DEFINITIONS	  

			
	 Section 1.01
	 	Definitions	  	 	1	 
	
	ARTICLE II	  

	
	PURCHASE AND SALE	  

			
	 Section 2.01
	 	Purchase and Sale	  	 	10	 
	 Section 2.02
	 	Closing	  	 	10	 
	
	ARTICLE III	  

	
	REPRESENTATIONS AND WARRANTIES OF THE COMPANY	  

			
	 Section 3.01
	 	Organization; Standing	  	 	11	 
	 Section 3.02
	 	Capitalization	  	 	11	 
	 Section 3.03
	 	Authority; Noncontravention	  	 	12	 
	 Section 3.04
	 	Governmental Approvals	  	 	13	 
	 Section 3.05
	 	Company SEC Documents; Undisclosed Liabilities	  	 	13	 
	 Section 3.06
	 	Absence of Certain Changes	  	 	15	 
	 Section 3.07
	 	Legal Proceedings	  	 	15	 
	 Section 3.08
	 	Compliance with Laws; Permits	  	 	15	 
	 Section 3.09
	 	Tax Matters	  	 	16	 
	 Section 3.10
	 	No Rights Agreement; Anti-Takeover Provisions	  	 	16	 
	 Section 3.11
	 	Brokers and Other Advisors	  	 	16	 
	 Section 3.12
	 	Sale of Securities	  	 	16	 
	 Section 3.13
	 	Listing and Maintenance Requirements	  	 	17	 
	 Section 3.14
	 	Status of Securities	  	 	17	 
	 Section 3.15
	 	Ability to Pay Dividends	  	 	17	 
	 Section 3.16
	 	No Other Company Representations or Warranties	  	 	17	 
	 Section 3.17
	 	No Other Investor Representations or Warranties	  	 	18	 
	
	ARTICLE IV	  

	
	REPRESENTATIONS AND WARRANTIES OF THE INVESTOR	  

			
	 Section 4.01
	 	Organization; Standing	  	 	18	 
	 Section 4.02
	 	Authority; Noncontravention	  	 	18	 
	 Section 4.03
	 	Governmental Approvals	  	 	19	 

  
 i 

							
	 Section 4.04
	 	 Financing
	  	 	19	 
	 Section 4.05
	 	 Ownership of Company Stock
	  	 	20	 
	 Section 4.06
	 	 Brokers and Other Advisors
	  	 	20	 
	 Section 4.07
	 	 Non-Reliance on Company Estimates, Projections, Forecasts,
Forward-Looking Statements and Business Plans
	  	 	20	 
	 Section 4.08
	 	 Purchase for Investment
	  	 	20	 
	 Section 4.09
	 	 No Other Company Representations or Warranties
	  	 	21	 
	
	ARTICLE V	  

	
	ADDITIONAL AGREEMENTS	  

			
	 Section 5.01
	 	 Negative Covenants
	  	 	22	 
	 Section 5.02
	 	 Reasonable Best Efforts; Filings
	  	 	23	 
	 Section 5.03
	 	 Corporate Actions
	  	 	24	 
	 Section 5.04
	 	 Public Disclosure
	  	 	26	 
	 Section 5.05
	 	 Confidentiality
	  	 	26	 
	 Section 5.06
	 	 NASDAQ Listing of Shares
	  	 	27	 
	 Section 5.07
	 	 Standstill
	  	 	27	 
	 Section 5.08
	 	 Transfer Restrictions
	  	 	29	 
	 Section 5.09
	 	 Legend
	  	 	31	 
	 Section 5.10
	 	 Election of Directors
	  	 	32	 
	 Section 5.11
	 	 Voting
	  	 	35	 
	 Section 5.12
	 	 Tax Matters
	  	 	36	 
	 Section 5.13
	 	 Use of Proceeds
	  	 	37	 
	 Section 5.14
	 	 Carlyle
	  	 	37	 
	 Section 5.15
	 	 Information Rights
	  	 	38	 
	 Section 5.16
	 	 Participation
	  	 	39	 
	 Section 5.17
	 	 Section 16 Matters
	  	 	42	 
	 Section 5.18
	 	 Financing Cooperation
	  	 	43	 
	 Section 5.19
	 	 Available Registration Statement
	  	 	44	 
	
	ARTICLE VI	  

	
	CONDITIONS TO CLOSING	  

			
	 Section 6.01
	 	 Conditions to the Obligations of the Company and the Investor
	  	 	44	 
	 Section 6.02
	 	 Conditions to the Obligations of the Company
	  	 	44	 
	 Section 6.03
	 	 Conditions to the Obligations of the Investor
	  	 	45	 
	
	ARTICLE VII	  

	
	TERMINATION; SURVIVAL	  

			
	 Section 7.01
	 	Termination	  	 	46	 
	 Section 7.02
	 	 Effect of Termination
	  	 	47	 
	 Section 7.03
	 	 Survival
	  	 	47	 

  
 ii 

							
	
	ARTICLE VIII	  

	
	MISCELLANEOUS	  

			
	 Section 8.01
	 	 Amendments; Waivers
	  	 	48	 
	 Section 8.02
	 	 Extension of Time, Waiver, Etc.
	  	 	48	 
	 Section 8.03
	 	 Assignment
	  	 	48	 
	 Section 8.04
	 	 Counterparts
	  	 	48	 
	 Section 8.05
	 	 Entire Agreement; No Third-Party Beneficiaries; No Recourse
	  	 	48	 
	 Section 8.06
	 	 Governing Law; Jurisdiction
	  	 	49	 
	 Section 8.07
	 	 Specific Enforcement
	  	 	50	 
	 Section 8.08
	 	 WAIVER OF JURY TRIAL
	  	 	51	 
	 Section 8.09
	 	 Notices
	  	 	51	 
	 Section 8.10
	 	 Severability
	  	 	52	 
	 Section 8.11
	 	 Expenses
	  	 	52	 
	 Section 8.12
	 	 Interpretation
	  	 	53	 
	 Section 8.13
	 	 Acknowledgment of Securities Laws
	  	 	54	 
	 Section 8.14
	 	 Investor Representative
	  	 	54	 

 ANNEXES 
 Annex I
– Form of Certificate of Designations 
 Annex II – Form of Registration Rights Agreement 

 

  
 iii 

 INVESTMENT AGREEMENT, dated as of November 8, 2018 (this “Agreement”),
by and between COMMSCOPE HOLDING COMPANY, INC., a Delaware corporation (the “Company”), CARLYLE PARTNERS VII S1 HOLDINGS, L.P. (the “Investor”) and, solely for purposes of Section 8.14 and in its capacity as
the Investor Representative, CARLYLE PARTNERS VII S1 HOLDINGS, L.P. (“Investor Representative”). 
 WHEREAS, the Company
desires to issue, sell and deliver to the Investor, and the Investor desires to purchase and acquire from the Company, pursuant to the terms and conditions set forth in this Agreement, an aggregate of 1,000,000 shares of the Company’s Series A
Convertible Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”), having the designations, powers, preferences, rights, qualifications, limitations and restrictions, as specified in the form of Certificate of
Designations attached hereto as Annex I (the “Certificate of Designations”); 
 NOW, THEREFORE, in consideration of
the mutual covenants, representations, warranties and agreements contained in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the parties to this Agreement hereby agree as follows: 

ARTICLE I 
 Definitions

 Section 1.01 Definitions. (a) As used in this Agreement (including the recitals hereto), the following terms
shall have the following meanings: 
 “5% Beneficial Ownership Requirement” means that the Investor Parties continue to
beneficially own at all times shares of Series A Preferred Stock and/or shares of Common Stock that were issued upon conversion of shares of Series A Preferred Stock that represent, in the aggregate and on an as converted basis, at least 5% of the
then outstanding Common Stock, on an as converted basis. 
 “20% Entity” means any Person that, after giving effect to a
proposed Transfer, would beneficially own, on an as converted basis, greater than 20% of the then outstanding Common Stock, on an as converted basis. 

“50% Beneficial Ownership Requirement” means that the Investor Parties continue to beneficially own at all times shares of
Series A Preferred Stock and/or shares of Common Stock that were issued upon conversion of shares of Series A Preferred Stock that represent in the aggregate and on an as converted basis, at least 50% of the number of shares of Common Stock
beneficially owned by the Investor Parties, on an as converted basis, as of the Closing. 
 “Acquisition” means the
acquisition by the Company, directly or indirectly through one of its wholly-owned Subsidiaries, of the Target, as contemplated by the Acquisition Agreement (whether implemented pursuant to a Scheme or a Takeover Offer, each as defined in the
Acquisition Agreement). 
  

 “Acquisition Agreement” means the Bid Conduct Agreement, dated as of the
date hereof, between the Company and the Target, as it may be amended, supplemented or otherwise modified. 
 “Affiliate”
means, as to any Person, any other Person that, directly or indirectly, controls, or is controlled by, or is under common control with, such Person; provided, however, (i) that the Company and its Subsidiaries shall not be deemed
to be Affiliates of any Investor Party or any of its Affiliates, (ii) portfolio companies in which any Investor Party or any of its Affiliates has an investment (whether as debt or equity) shall not be deemed an Affiliate of such Investor Party
and (iii) the Excluded Carlyle Parties shall not be deemed to be Affiliates of any Investor Party, the Company or any of the Company’s Subsidiaries. For this purpose, “control” (including, with its correlative meanings,
“controlled by” and “under common control with”) shall mean the possession, directly or indirectly, of the power to direct or cause the direction of management or policies of a Person, whether through the ownership
of securities or partnership or other ownership interests, by contract or otherwise. 
 “as converted basis” means
(i) with respect to the outstanding shares of Common Stock as of any date, all outstanding shares of Common Stock calculated on a basis in which all shares of Common Stock issuable upon conversion of the outstanding shares of Series A Preferred
Stock (at the Conversion Rate in effect on such date as set forth in the Certificate of Designations) are assumed to be outstanding as of such date and (ii) with respect to any outstanding shares of Series A Preferred Stock as of any date, the
number of shares of Common Stock issuable upon conversion of such shares of Series A Preferred Stock on such date (at the Conversion Rate in effect on such date as set forth in the Certificate of Designations). 

“Available Registration Statement” shall mean, with respect to a Registration Statement as of a date, that (i) as of
such date such Registration Statement is effective for an offering to be made on a delayed or continuous basis, there is no stop order with respect thereto and the Company reasonably believes that such Registration Statement will be continuously
available for the resale of Registrable Securities for the next ten (10) Business Days and (ii) as of such date and continuously for the next ten (10) Business Days, (a) there is not in effect a Suspension Period or Quarterly
Blackout Period (as each such term is defined in the Registration Rights Agreement) and (b) the Investor Parties are not restricted by the holdback provision of Section 2.6 of the Registration Rights Agreement or any related “lock-up” agreement. 
 Any Person shall be deemed to “beneficially own”, to
have “beneficial ownership” of, or to be “beneficially owning” any securities (which securities shall also be deemed “beneficially owned” by such Person) that such Person is deemed to
“beneficially own” within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act; provided that any Person shall be deemed to beneficially own any
securities that such Person has the right to acquire, whether or not such right is exercisable immediately (including assuming conversion of all Series A Preferred Stock, if any, owned by such Person to Common Stock). 

“Board” means the Board of Directors of the Company. 

“Business Day” means any day except a Saturday, a Sunday or other day on which the SEC or banks in the City of New York are
authorized or required by Law to be closed. 

  
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 “Carlyle” means The Carlyle Group, L.P. 

“Combination Settlement” has the meaning set forth in the Certificate of Designations. 

“Common Stock” means the common stock, par value $0.01 per share, of the Company. 

“Company Charter Documents” means the Company’s certificate of incorporation and bylaws, each as amended to the date of
this Agreement, and shall include the Certificate of Designations, as filed with the Secretary of State of the State of Delaware. 

“Company Plan” means each plan, program, policy, agreement or other arrangement covering current or former employees,
directors or consultants, that is (i) an employee welfare plan within the meaning of Section 3(1) of ERISA, (ii) an employee pension benefit plan within the meaning of Section 3(2) of ERISA, other than any plan which is a
“multiemployer plan” (as defined in Section 4001(a)(3) of ERISA), (iii) a stock option, stock purchase, stock appreciation right or other stock-based agreement, program or plan, (iv) an individual employment, consulting,
severance, retention or other similar agreement or (v) a bonus, incentive, deferred compensation, profit-sharing, retirement, post-retirement, vacation, severance or termination pay, benefit or fringe-benefit plan, program, policy, agreement or
other arrangement, in each case that is sponsored, maintained or contributed to by the Company or any of its Subsidiaries or to which the Company or any of its Subsidiaries contributes or is obligated to contribute to or has or may have any
liability, other than any plan, program, policy, agreement or arrangement sponsored and administered by a Governmental Authority. 

“Company PSU” means a performance share unit of the Company subject to both time-based and performance-based vesting
conditions. 
 “Company RSU” means a restricted stock unit of the Company subject solely to time-based vesting conditions.

 “Company Stock Option” means an option to purchase shares of Common Stock. 

“Company Stock Plans” means the 2013 Long-Term Incentive Plan, the 2011 Incentive Plan and the 2006 Long-Term Incentive Plan,
in each case as amended and restated. 
 “Conversion Rate” has the meaning set forth in the Certificate of Designations.

 “Debt Commitment Letter” means the Commitment Letter dated as of the date hereof, among the Company, CommScope, Inc. and
JPMorgan Chase Bank, N.A., as it may be amended, supplemented or otherwise modified. 
 “Debt Financing” has the meaning
set forth in the Acquisition Agreement. 
 “DGCL” means the Delaware General Corporation Law, as amended, supplemented or
restated from time to time. 

  
 3 

 “ERISA” means the Employee Retirement Income Security Act of 1974, as
amended. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated
thereunder. 
 “Existing Credit Agreements” means (i) the Revolving Credit and Guaranty Agreement, dated as of
January 14, 2011, as amended, supplemented or otherwise modified from time to time, by and among Cedar I Holding Company, Inc. (now CommScope Holding Company, Inc.), CommScope, Inc., as parent borrower, the US.
co-borrowers and European co-borrowers named therein, the guarantors named therein, the lenders from time to time party thereto, J.P. Morgan Securities LLC, as lead
arranger and bookrunner, JPMorgan Chase Bank, N.A., as U.S. administrative agent, and J.P. Morgan Europe Limited, as European administrative agent and the senior managing agents and documentation agents named therein and (ii) the Credit
Agreement, dated as of January 14, 2011, as amended, supplemented or otherwise modified from time to time, among CommScope, Inc. (as successor by merger to Cedar I Merger Sub, Inc.), as borrower, CommScope Holding Company, Inc. (as successor by
merger to Cedar I Holding Company, Inc.), the lenders from time to time party thereto, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and J.P. Morgan Securities LLC as arranger and sole bookrunner. 

“Fair Market Value” means, with respect to any security or other property, the fair market value of such security or other
property as reasonably determined in good faith by a majority of the Board, or an authorized committee thereof, (i) after consultation with an Independent Financial Advisor, as to any security or other property with a Fair Market Value of less
than $50,000,000, or (ii) otherwise using an Independent Financial Advisor to provide a valuation opinion. 
 “Fall-Away of
Investor Board Rights” means the first day on which the 5% Beneficial Ownership Requirement is not satisfied. 

“GAAP” means generally accepted accounting principles in the United States, consistently applied. 

“Governmental Authority” means any government, court, regulatory or administrative agency, commission, arbitrator or
authority or other legislative, executive or judicial governmental entity (in each case including any self-regulatory organization), whether federal, state or local, domestic, foreign or multinational. 

“HSR Act” means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and the rules and regulations
promulgated thereunder. 
 “Indentures” means, collectively, the (i) Indenture governing the 5.000% Senior Notes due
2021, dated as of May 30, 2014, by and among CommScope, Inc., as issuer, the subsidiary guarantors named therein and Wilmington Trust, National Association, as trustee, (ii) Indenture governing the 5.500% Senior Notes due 2024, dated as of
May 30, 2014, by and among CommScope, Inc., as issuer, the subsidiary guarantors named therein and Wilmington Trust, National Association, as trustee, (iii) Indenture governing the 6.000% Senior Notes due

  
 4 

 
2025, dated as of June 11, 2015, by and between CommScope Technologies Finance LLC and Wilmington Trust, National Association, as trustee, as supplemented by the First Supplemental
Indenture, dated August 28, 2015, by and among CommScope Technologies Finance LLC, the guarantors party thereto and Wilmington Trust, National Association, as trustee and (iv) Indenture governing the 5.000% Senior Notes due 2027, dated as
of March 13, 2017, by and among CommScope Technologies LLC, the guarantors named therein and Wilmington Trust, National Association, as trustee and as collateral agent. 

“Independent Financial Advisor” means an accounting, appraisal, investment banking firm or consultant of nationally
recognized standing; provided, however, that such firm or consultant (i) is not an Affiliate of the Company and (ii) so long as the Investor Parties meet the 50% Beneficial Ownership Requirement, is reasonably acceptable to
the Investor Parties. 
 “Investor” has the meaning set forth in the Preamble. Any reference to any action by the Investor
Parties in this Agreement shall require an instrument in writing signed by the Investor so long as it is the sole Investor Party or each of the Investor Parties; provided that an instrument in writing signed by the Investor Representative
shall be deemed to be an instrument in writing signed by each of the Investor Parties. 
 “Investor Designee” means an
individual designated in writing by the Investor Parties and reasonably acceptable to the Board (and the Nominating and Governance Committee of the Board) to be elected or nominated by the Company for election to the Board pursuant to
Section 5.10(a), Section 5.10(d) or Section 5.10(e), as applicable. 

“Investor Director” means a member of the Board who was elected to the Board as an Investor Designee. 

“Investor Material Adverse Effect” means any effect, change, event or occurrence that would prevent or materially delay,
interfere with, hinder or impair (i) the consummation by the Investor of any of the Transactions on a timely basis or (ii) the compliance by the Investor with its obligations under this Agreement. 

“Investor Parties” means the Investor and each Permitted Transferee of the Investors to whom shares of Series A Preferred
Stock or Common Stock are transferred pursuant to Section 5.08(b)(i). 
 “Knowledge”
means, with respect to the Company, the actual knowledge of the individuals listed on Section 1.01 of the Company Disclosure Letter, after reasonable inquiry of an officer or employee of the Company that has primary responsibility for such
matter. 
 “Liens” means any mortgage, pledge, lien, charge, encumbrance, security interest or other restriction of any
kind or nature, whether based on common law, statute or contract. 
 “Material Adverse Effect” means any effect, change,
event or occurrence that has or would reasonably be expected to have, individually or in the aggregate, a material adverse effect on (x) the business, results of operations, assets or financial condition of the Company and its Subsidiaries,
taken as a whole or (y) (i) the ability of the Company to consummate the Transactions on a timely basis or (ii) the ability of the Company to comply with its obligations 

  
 5 

 
under this Agreement; provided, however, that, for purposes of clause (x) above, none of the following, and no effect, change, event or occurrence arising out of, or resulting
from, the following, shall constitute or be taken into account in determining whether a Material Adverse Effect has occurred or would reasonably be expected to occur: any effect, change, event or occurrence (A) generally affecting (1) the
industry in which the Company and its Subsidiaries operate or (2) the economy, credit or financial or capital markets, in the United States or elsewhere in the world, including changes in interest or exchange rates, or (B) to the extent
arising out of, resulting from or attributable to (1) changes or prospective changes in Law or in GAAP or in accounting standards, or any changes or prospective changes in the interpretation or enforcement of any of the foregoing, or any
changes or prospective changes in general legal, regulatory or political conditions, (2) the negotiation, execution or announcement of this Agreement, any of the other Transaction Documents, the Acquisition Agreement or the Debt Commitment
Letter or the consummation of any of the transactions contemplated hereby or thereby, including the Transactions, the Acquisition, the Debt Financing or the Refinancing, including the impact thereof on relationships, contractual or otherwise, with
customers, suppliers, distributors, partners, employees or regulators, or any claims or litigation arising from allegations of breach of fiduciary duty or violation of Law relating to this Agreement or the Transactions, (3) acts of war (whether
or not declared), sabotage or terrorism, or any escalation or worsening of any such acts of war (whether or not declared), sabotage or terrorism, (4) volcanoes, tsunamis, pandemics, earthquakes, hurricanes, tornados or other natural disasters,
(5) any action taken by the Company or its Subsidiaries that is required by this Agreement, any of the other Transaction Documents, the Acquisition Agreement or the Debt Commitment Letter or with the Investor’s express written consent or
at the Investor’s express written request, (6) any change resulting or arising from the identity of, or any facts or circumstances relating to, the Investor or any of its Affiliates, (7) any change or prospective change in the
Company’s credit ratings, (8) any decline in the market price, or change in trading volume, of the capital stock of the Company or (9) any failure to meet any internal or public projections, forecasts, guidance, estimates, milestones,
budgets or internal or published financial or operating predictions of revenue, earnings, cash flow or cash position (it being understood that the exceptions in clauses (7), (8) and (9) shall not prevent or otherwise affect a determination
that the underlying cause of any such change, decline or failure referred to therein (if not otherwise falling within any of the exceptions provided by clause (A) and clauses (B)(1) through (9) hereof) is a Material Adverse Effect);
provided further, however, that any effect, change, event or occurrence referred to in clause (A) or clauses (B)(1), (3) or (4) may be taken into account in determining whether there has been, or would reasonably be
expected to be, individually or in the aggregate, a Material Adverse Effect to the extent such effect, change, event or occurrence has a disproportionate adverse effect on the business, results of operations, assets or financial condition of the
Company and its Subsidiaries, taken as a whole, as compared to other participants in the industry in which the Company and its Subsidiaries operate (in which case the incremental disproportionate impact or impacts may be taken into account in
determining whether there has been, or would reasonably be expected to be, a Material Adverse Effect). 
 “NASDAQ” means
The Nasdaq Stock Market. 

  
 6 

 “Permitted Transferee” means, with respect to any Person, (i) any
Affiliate of such Person, (ii) any successor entity of such Person and (iii) with respect to any Person that is an investment fund, vehicle or similar entity, any other investment fund, vehicle or similar entity of which such Person or an
Affiliate, advisor or manager of such Person serves as the general partner, manager or advisor; provided, however, that in no event shall any “portfolio company” (as such term is customarily used among institutional
investors) of any holder of shares of Series A Preferred Stock or Common Stock or any entity controlled by any portfolio company of any holder of shares of Series A Preferred Stock or Common Stock constitute a Permitted Transferee. 

“Person” means an individual, corporation, limited liability company, partnership, joint venture, association, trust,
unincorporated organization or any other entity, including a Governmental Authority. 
 “Prohibited Transferee” means the
Persons listed on Section 1.01 of the Company Disclosure Letter as a “Prohibited Transferee” and the Affiliates thereof. 

“Redemption Date” has the meaning set forth in the Certificate of Designations. 

“Refinancing” has the meaning set forth in the Debt Commitment Letter. 

“Registrable Securities” has the meaning set forth in the Registration Rights Agreement. 

“Registration Rights Agreement” means that certain Registration Rights Agreement to be entered into by the Company and the
Investor, the form of which is set forth as Annex II hereto, as it may be amended, supplemented or otherwise modified. 

“Registration Statement” has the meaning set forth in the Registration Rights Agreement. 

“Representatives” means, with respect to any Person, its officers, directors, principals, partners, managers, members,
employees, consultants, agents, financial advisors, investment bankers, attorneys, accountants, other advisors and other representatives. 

“SEC” means the Securities and Exchange Commission. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder. 

“Subsidiary”, when used with respect to any Person, means any corporation, limited liability company, partnership,
association, trust or other entity of which (x) securities or other ownership interests representing more than 50% of the ordinary voting power (or, in the case of a partnership, more than 50% of the general partnership interests) or
(y) sufficient voting rights to elect at least a majority of the board of directors or other governing body are, as of such date, owned by such Person or one or more Subsidiaries of such Person or by such Person and one or more Subsidiaries of
such Person. 
 “Target” means ARRIS International plc, a company organized under the laws of England and Wales. 

  
 7 

 “Tax” means any and all federal, state, local or foreign taxes, fees,
levies, duties, tariffs, imposts, and other similar charges (together with any and all interest, penalties and additions to tax) imposed by any Governmental Authority, including taxes or other charges on or with respect to income, franchises,
windfall or other profits, gross receipts, property, sales, use, capital stock, payroll, employment, social security, workers’ compensation, unemployment compensation or net worth; taxes or other charges in the nature of excise, withholding, ad
valorem, stamp, transfer, value added or gains taxes; license, registration and documentation fees; and customs duties, tariffs and similar charges, together with any interest or penalty, in addition to tax or additional amount imposed by any
Governmental Authority. 
 “Tax Return” means returns, reports, claims for refund, declarations of estimated Taxes and
information statements, including any schedule or attachment thereto or any amendment thereof, with respect to Taxes filed or required to be filed with any Governmental Authority, including consolidated, combined and unitary tax returns. 

“Transaction Documents” means this Agreement, the Certificate of Designations, the Equity Commitment Letter, the Registration
Rights Agreement and all other documents, certificates or agreements executed in connection with the transactions contemplated by this Agreement, the Certificate of Designations and the Registration Rights Agreement. 

“Transactions” means the Purchase and the other transactions expressly contemplated by this Agreement and the other
Transaction Documents, including the exercise by any Investor Party of the right to convert Acquired Shares into shares of Common Stock; provided that, for the avoidance of doubt, “Transactions” shall not be deemed to include the
Acquisition, the Refinancing or the Debt Financing. 
 “Transfer” by any Person means, directly or indirectly, to sell,
transfer, assign, pledge, encumber, hypothecate or otherwise dispose of or transfer (by the operation of law or otherwise), either voluntarily or involuntarily, or to enter into any contract, option or other arrangement, agreement or understanding
with respect to the sale, transfer, assignment, pledge, encumbrance, hypothecation or other disposition or transfer (by the operation of law or otherwise), of any interest in any equity securities beneficially owned by such Person; provided,
however, that, notwithstanding anything to the contrary in this Agreement, a Transfer shall not include (i) the conversion of one or more shares of Series A Preferred Stock into shares of Common Stock pursuant to the Certificate of
Designations, (ii) the redemption or other acquisition of Common Stock or Series A Preferred Stock by the Company, (iii) the transfer (other than by an Investor Party or an Affiliate of an Investor Party) of any limited partnership
interests or other equity interests in an Investor Party (or any direct or indirect parent entity of such Investor Party) (provided that if any transferor or transferee referred to in this clause (iii) ceases to be controlled (directly
or indirectly) by the Person (directly or indirectly) controlling such Person immediately prior to such transfer, such event shall be deemed to constitute a “Transfer”) or (iv) any Hedge. 

(b) In addition to the terms defined in Section 1.01(a), the following terms have the meanings assigned thereto in
the Sections set forth below: 

  
 8 

			
	 Term
	  	 Section

	Acquired Shares	  	2.01
	Action	  	3.07
	Agreement	  	Preamble
	Balance Sheet Date	  	3.05(c)
	Bankruptcy and Equity Exception	  	3.03(a)
	Capitalization Date	  	3.02(a)
	Carlyle Group	  	5.14(a)
	Certificate of Designations	  	Recitals
	Closing	  	2.02(a)
	Closing Date	  	2.02(a)
	Code	  	5.12(b)
	Company	  	Preamble
	Company Disclosure Letter	  	Article III
	Company Preferred Stock	  	3.02(a)
	Company SEC Documents	  	3.05(a)
	Company Securities	  	3.02(b)
	Confidential Information	  	5.05
	Confidentiality Agreement	  	5.05
	Contract	  	3.03(b)
	DOJ	  	5.02(c)
	Equity Commitment Letter	  	4.04
	Equity Financing	  	4.04
	Excluded Carlyle Parties	  	5.14(a)
	Excluded Issuance	  	5.16(a)
	Filed SEC Documents	  	Article III
	FTC	  	5.02(c)
	Hedge	  	5.08(a)
	HSR Form	  	5.02(b)
	Initial Investor Director Designees	  	5.10(a)
	Investor	  	Preamble
	Investor Representative	  	Preamble
	IRS	  	5.12(a)
	Issuer Agreement	  	5.18
	Judgments	  	3.07
	Laws	  	3.08(a)
	Non-Recourse Party	  	8.05(b)
	OFAC	  	3.08(b)
	Participation Portion	  	5.16(b)(ii)
	Permits	  	3.08(a)
	Permitted Loan	  	5.08(b)(vi)
	Proposed Securities	  	5.16(b)(i)
	Proxy Statement	  	5.11(d)
	Purchase	  	2.01
	Purchase Price	  	2.01

  
 9 

			
	Restraints	  	6.01(a)
	Restricted Issuance Information	  	5.16(b)(ii)
	Series A Preferred Stock	  	Recitals
	Sponsor	  	4.04
	Standstill Expiration Date	  	5.07
	Stockholder Approval	  	5.11(d)
	Stockholder Meeting	  	5.11(d)
	Termination Date	  	7.01(b)

 ARTICLE II 

Purchase and Sale 

Section 2.01 Purchase and Sale. On the terms of this Agreement and subject to the satisfaction (or, to the extent permitted by
applicable Law, waiver by the party entitled to the benefit thereof) of the conditions set forth in Article VI, at the Closing, the Investor shall purchase and acquire from the Company an aggregate of 1,000,000 shares of Series A Preferred Stock,
and the Company shall issue, sell and deliver to the Investor, such shares of Series A Preferred Stock (the “Acquired Shares”) for a purchase price per Acquired Share equal to $1,000 and an aggregate purchase price of
$1,000,000,000.00 (such aggregate purchase price, the “Purchase Price”). The purchase and sale of the Acquired Shares pursuant to this Section 2.01 is referred to as the “Purchase”. 

Section 2.02 Closing. (a) On the terms of this Agreement, the closing of the Purchase (the “Closing”)
shall occur on such date on which the conditions to the Closing set forth in Article VI of this Agreement have been satisfied or, to the extent permitted by applicable Law, waived by the party entitled to the benefit
thereof (other than those conditions that by their nature are to be satisfied at the Closing, but subject to the satisfaction or waiver of those conditions at such time) at the offices of Cravath, Swaine & Moore LLP, 825 Eighth Avenue, New
York, New York 10019, or at such other place, time and date as shall be agreed between the Company and the Investor (the date on which the Closing occurs, the “Closing Date”). The Company will use reasonable best efforts to provide
notice of the Closing Date in a written notice delivered by the Company to the Investor, to the extent practicable, at least ten (10) Business Days prior to the Closing Date; and 

(b) At the Closing: 

(i) the Company shall deliver to the Investor (1) the Acquired Shares free and clear of all Liens, except restrictions
imposed by the Securities Act, Section 5.08 and any applicable securities Laws and (2) the Registration Rights Agreement, duly executed by the Company; and 

(ii) the Investor shall (1) pay the Purchase Price to the Company, by wire transfer in immediately available U.S. federal
funds, to the account designated by the Company in writing and (2) deliver to the Company the Registration Rights Agreement, duly executed by the Investor. 

  
 10 

 ARTICLE III 

Representations and Warranties of the Company 

The Company represents and warrants to the Investor as of the date hereof and as of the Closing (except to the extent made only as of a
specified date, in which case such representation and warranty is made as of such date) that, except as (A) set forth in the confidential disclosure letter delivered by the Company to the Investor prior to the execution of this Agreement (the
“Company Disclosure Letter”) (it being understood that any information, item or matter set forth on one section or subsection of the Company Disclosure Letter shall only be deemed disclosure with respect to, and shall only be deemed
to apply to and qualify, the section or subsection of this Agreement to which it corresponds in number and each other section or subsection of this Agreement to the extent that it is reasonably apparent that such information, item or matter is
relevant to such other section or subsection) or (B) disclosed in any report, schedule, form, statement or other document (including exhibits) filed with, or furnished to, the SEC and publicly available after December 31, 2017 and prior to
the date hereof (the “Filed SEC Documents”), other than any risk factor disclosures in any such Filed SEC Document contained in the “Risk Factors” section or any forward-looking statements within the meaning of the
Securities Act or the Exchange Act thereof (it being acknowledged that nothing disclosed in the Filed SEC Documents shall be deemed to qualify or modify the representations and warranties set forth in Sections 3.02(a), 3.03,
3.10 and 3.11): 
 Section 3.01 Organization; Standing. (a) The Company is a corporation duly
organized and validly existing under the Laws of the State of Delaware, is in good standing and has all requisite corporate power and corporate authority necessary to carry on its business as it is now being conducted, except (other than with
respect to the Company’s due organization and valid existence) as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company is duly licensed or qualified to do business and is in good
standing (where such concept is recognized under applicable Law) in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or
qualification necessary, except where the failure to be so licensed, qualified or in good standing would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. True and complete copies of the Company Charter
Documents are included in the Filed SEC Documents. 
 (b) Each of the Company’s Subsidiaries is duly organized, validly existing and in
good standing (where such concept is recognized under applicable Law) under the Laws of the jurisdiction of its organization, except where the failure to be so organized, existing and in good standing would not, individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect. 
 Section 3.02 Capitalization. (a) The authorized capital
stock of the Company consists of 1,300,000,000 shares of Common Stock and 200,000,000 shares of preferred stock, par value $0.01 per share (“Company Preferred Stock”), of which 1,000,000 shares of Series A Preferred Stock will be
authorized as of the Closing. At the close of business on November 2, 2018 (the “Capitalization Date”), (i) 192,223,144 shares of Common Stock were issued and outstanding, (ii) 10,484,099 shares of Common Stock were reserved
and available for issuance 

  
 11 

 
pursuant to the Company Stock Plans, (iii) 4,787,566 shares of Common Stock were subject to outstanding Company Stock Options, (iv) 2,071,851 Company RSUs were outstanding pursuant to which a
maximum of 2,071,851 shares of Common Stock could be issued, (v) 295,801 Company PSUs were outstanding pursuant to which a maximum of 482,420 shares of Common Stock could be issued (assuming maximum achievement of all applicable performance
conditions) and (vi) no shares of Company Preferred Stock were issued or outstanding. 
 (b) Except as described in this
Section 3.02, as of the Capitalization Date, there were (i) no outstanding shares of capital stock of, or other equity or voting interests in, the Company, (ii) no outstanding securities of the Company convertible
into or exchangeable for shares of capital stock of, or other equity or voting interests in, the Company, (iii) no outstanding options, warrants, rights or other commitments or agreements to acquire from the Company, or that obligate the
Company to issue, any capital stock of, or other equity or voting interests (or voting debt) in, or any securities convertible into or exchangeable for shares of capital stock of, or other equity or voting interests in, the Company other than
obligations under the Company Plans in the ordinary course of business, (iv) no obligations of the Company to grant, extend or enter into any subscription, warrant, right, convertible or exchangeable security or other similar agreement or
commitment relating to any capital stock of, or other equity or voting interests in, the Company (the items in clauses (i), (ii), (iii) and (iv) being referred to collectively as “Company Securities”) and (v) no other
obligations by the Company or any of its Subsidiaries to make any payments based on the price or value of any Company Securities. There are no outstanding agreements of any kind which obligate the Company or any of its Subsidiaries to repurchase,
redeem or otherwise acquire any Company Securities (other than pursuant to the cashless exercise of Company Stock Options or the forfeiture or withholding of Taxes with respect to Company Stock Options, Company RSUs or Company PSUs), or obligate the
Company to grant, extend or enter into any such agreements relating to any Company Securities, including any agreements granting any preemptive rights, subscription rights, anti-dilutive rights, rights of first refusal or similar rights with respect
to any Company Securities. None of the Company or any Subsidiary of the Company is a party to any stockholders’ agreement, voting trust agreement, registration rights agreement or other similar agreement or understanding relating to any Company
Securities or any other agreement relating to the disposition, voting or dividends with respect to any Company Securities. All outstanding shares of Common Stock have been duly authorized and validly issued and are fully paid, nonassessable and free
of preemptive rights. 
 Section 3.03 Authority; Noncontravention. (a) The Company has all necessary
corporate power and corporate authority to execute and deliver this Agreement and the other Transaction Documents and to perform its obligations hereunder and thereunder and to consummate the Transactions. The execution, delivery and performance by
the Company of this Agreement and the other Transaction Documents, and the consummation by it of the Transactions, have been duly authorized by the Board and no other corporate action on the part of the Company is necessary to authorize the
execution, delivery and performance by the Company of this Agreement and the other Transaction Documents and the consummation by it of the Transactions. This Agreement has been duly executed and delivered by the Company and, assuming due
authorization, execution and delivery hereof by the Investor, constitutes a legal, valid and binding obligation of the Company, enforceable against the Company in accordance with its terms, except that such enforceability (i) may be limited by
bankruptcy, insolvency, 

  
 12 

 
fraudulent transfer, reorganization, moratorium and other similar Laws of general application affecting or relating to the enforcement of creditors’ rights generally and (ii) is subject
to general principles of equity, whether considered in a proceeding at law or in equity (the “Bankruptcy and Equity Exception”). Pursuant to resolutions in form and substance previously reviewed by the Investor, the Board or a
committee thereof composed solely of two or more “non-employee directors” as defined in Rule 16b-3 of the Exchange Act has approved, for the express purpose of
exempting each such transaction from Section 16(b) of the Exchange Act, pursuant to Rule 16b-3 thereunder to the extent applicable, the transactions contemplated by the Transaction Documents, including
the acquisition of the Series A Preferred Stock, any disposition of such stock upon the conversion thereof, any acquisition of Common Stock upon conversion of the Series A Preferred Stock, any deemed acquisition or disposition in connection
therewith, and all transactions with the Company related thereto. 
 (b) Neither the execution and delivery of this Agreement or the other
Transaction Documents by the Company, nor the consummation by the Company of the Transactions, nor performance or compliance by the Company with any of the terms or provisions hereof or thereof, will (i) conflict with or violate any provision
of (A) the Company Charter Documents or (B) the similar organizational documents of any of the Company’s Subsidiaries or (ii) assuming that the authorizations, consents and approvals referred to in
Section 3.04 are obtained prior to the Closing Date and the filings referred to in Section 3.04 are made and any waiting periods thereunder have terminated or expired prior to the Closing Date,
(x) violate any Law or Judgment applicable to the Company or any of its Subsidiaries or (y) violate or constitute a default (or constitute an event which, with notice or lapse of time or both, would violate or constitute a default) under
any of the terms or provisions of any loan or credit agreement, indenture, debenture, note, bond, mortgage, deed of trust, lease, sublease, license, contract or other agreement (each, a “Contract”) to which the Company or any of its
Subsidiaries is a party or accelerate the Company’s or, if applicable, any of its Subsidiaries’ obligations under any such Contract, except, in the case of clause (i)(B) and clause (ii), as would not, individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect. 
 Section 3.04 Governmental Approvals. Except for (a) the
filing of the Certificate of Designations with the Secretary of State of the State of Delaware, (b) filings required under, and compliance with other applicable requirements of the HSR Act and (c) compliance with any applicable state
securities or blue sky laws, no consent or approval of, or filing, license, permit or authorization, declaration or registration with, any Governmental Authority is necessary for the execution and delivery of this Agreement and the other Transaction
Documents by the Company, the performance by the Company of its obligations hereunder and thereunder and the consummation by the Company of the Transactions, other than such other consents, approvals, filings, licenses, permits or authorizations,
declarations or registrations that, if not obtained, made or given, would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

Section 3.05 Company SEC Documents; Undisclosed Liabilities. (a) The Company has filed with the SEC, on a timely basis, all
required reports, schedules, forms, statements and other documents required to be filed by the Company with the SEC pursuant to the Exchange Act since January 1, 2017 (collectively, the “Company SEC Documents”). As of their
respective SEC filing dates, the Company SEC Documents complied 

  
 13 

 
as to form in all material respects with the requirements of the Securities Act, the Exchange Act or the Sarbanes-Oxley Act of 2002 (and the regulations promulgated thereunder), as the case may
be, applicable to such Company SEC Documents, and none of the Company SEC Documents as of such respective dates (or, if amended prior to the date hereof, the date of the filing of such amendment, with respect to the disclosures that are amended)
contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading. 

(b) The consolidated financial statements of the Company (including all related notes or schedules) included or incorporated by reference in
the Company SEC Documents complied as to form, as of their respective dates of filing with the SEC, in all material respects with the published rules and regulations of the SEC with respect thereto, have been prepared in all material respects in
accordance with GAAP (except, in the case of unaudited quarterly statements, as permitted by Form 10-Q of the SEC or other rules and regulations of the SEC) applied on a consistent basis during the periods
involved (except (i) as may be indicated in the notes thereto or (ii) as permitted by Regulation S-X) and present fairly, in all material respects, the consolidated financial position of the
Company as of the dates thereof and the consolidated results of its operations and its cash flows for the periods shown (subject, in the case of unaudited quarterly financial statements, to normal year-end
adjustments). 
 (c) Neither the Company nor any of its Subsidiaries has any liabilities of any nature (whether accrued, absolute, contingent
or otherwise) that would be required under GAAP, as in effect on the date hereof, to be reflected on a consolidated balance sheet of the Company (including the notes thereto) except liabilities (i) reflected or reserved against in the balance
sheet (or the notes thereto) of the Company and its Subsidiaries as of June 30, 2018 (the “Balance Sheet Date”) included in the Filed SEC Documents, (ii) incurred after the Balance Sheet Date in the ordinary course of
business, (iii) as expressly contemplated by this Agreement or otherwise incurred in connection with the Transactions, the Acquisition, the Refinancing or the Debt Financing, (iv) that have been discharged or paid prior to the date of this
Agreement or (v) as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (d) The
Company has established and maintains, and at all times since January 1, 2017 has maintained, disclosure controls and procedures and a system of internal controls over financial reporting (as such terms are defined in paragraphs (e) and
(f), respectively, of Rule 13a-15 under the Exchange Act) as required by Rule 13a-15 under the Exchange Act. Neither the Company nor, to the Company’s Knowledge,
the Company’s independent registered public accounting firm, has identified or been made aware of “significant deficiencies” or “material weaknesses” (as defined by the Public Company Accounting Oversight Board) in the
design or operation of the Company’s internal controls over and procedures relating to financial reporting which would reasonably be expected to adversely affect in any material respect the Company’s ability to record, process, summarize
and report financial data, in each case which has not been subsequently remediated. 

  
 14 

 Section 3.06 Absence of Certain Changes. Since January 1, 2018
through the date of this Agreement (a) except for the execution and performance of this Agreement, the Acquisition Agreement and the Debt Commitment Letter and any other agreements contemplated thereby and the discussions, negotiations and
transactions related thereto, the business of the Company and its Subsidiaries has been carried on and conducted in all material respects in the ordinary course of business and (b) there has not been any Material Adverse Effect or any event,
change or occurrence that would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Since June 30, 2018 through the date of this Agreement, the Company has not taken any actions which, had such actions
been taken after the date of this Agreement, would have required the written consent of the Investor Parties pursuant to Section 5.01. 

Section 3.07 Legal Proceedings. Except as would not, individually or in the aggregate, reasonably be expected to have a
Material Adverse Effect, to the Knowledge of the Company, as of the date of this Agreement, there is no (a) pending or threatened legal or administrative proceeding, suit, investigation, arbitration or action (an “Action”)
against the Company or any of its Subsidiaries or (b) outstanding order, judgment, injunction, ruling, writ or decree of any Governmental Authority (“Judgments”) imposed upon the Company or any of its Subsidiaries, in each
case, by or before any Governmental Authority. 
 Section 3.08 Compliance with Laws; Permits. 

(a) The Company and each of its Subsidiaries are and since January 1, 2017 have been, in compliance with all state or federal laws, common
law, statutes, ordinances, codes, rules or regulations or other similar requirement enacted, adopted, promulgated, or applied by any Governmental Authority (“Laws”) or Judgments, in each case, that are applicable to the Company or
any of its Subsidiaries, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company and each of its Subsidiaries hold all licenses, franchises, permits, certificates, approvals and
authorizations from Governmental Authorities (“Permits”) necessary for the lawful conduct of their respective businesses, except where the failure to hold the same would not, individually or in the aggregate, reasonably be expected
to have a Material Adverse Effect. 
 (b) The Company, each of its Subsidiaries, and each of their officers, directors, employees and, to the
Company’s Knowledge, agents acting on their behalf is, and since November 1, 2013 has been, in compliance in all material respects with (x) all applicable trade, export control, import, and antiboycott laws and regulations, including
the U.S. Export Administration Regulations (15 C.F.R. Parts 730-774), (y) the Foreign Corrupt Practices Act of 1977 and any rules and regulations promulgated thereunder, and any other Laws applicable to the
Company and its Subsidiaries that address the prevention of corruption or bribery, and (z) all laws, regulations, orders or other financial restrictions administered by the Office of Foreign Assets Control of the United States Treasury
Department (“OFAC”), including OFAC’s Specially Designated Nationals List, U.S. sanctions related to or administered by the U.S. Department of State, and sanctions laws, regulations, directives, measures or embargos imposed or
administered by the United Nations Security Council, Her Majesty’s Treasury, or the European Union. Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, neither the Company nor any of
its Subsidiaries maintain or need any national security clearance or authorization to access classified information or facilities to perform any current business or proposed business. 

  
 15 

 Section 3.09 Tax Matters. Except as would not, individually or in the
aggregate, reasonably be expected to have a Material Adverse Effect: (a) the Company and each of its Subsidiaries has prepared (or caused to be prepared) and timely filed (taking into account valid extensions of time within which to file) all
Tax Returns required to be filed by any of them, and all such filed Tax Returns (taking into account all amendments thereto) are true, complete and accurate, (b) all Taxes owed by the Company and each of its Subsidiaries that are due (whether
or not shown on any Tax Return) have been timely paid except for Taxes which are being contested in good faith by appropriate proceedings and which have been adequately reserved against in accordance with GAAP, (c) no examination or audit of
any Tax Return relating to any Taxes of the Company or any of its Subsidiaries or with respect to any Taxes due from or with respect to the Company or any of its Subsidiaries by any Governmental Authority is currently in progress or threatened in
writing and (d) none of the Company or any of its Subsidiaries has engaged in, or has any liability or obligation with respect to, any “listed transaction” within the meaning of Treasury Regulations
Section 1.6011-4(b)(2). 
 Section 3.10 No Rights Agreement; Anti-Takeover
Provisions. (a) The Company is not party to a stockholder rights agreement, “poison pill” or similar anti-takeover agreement or plan. 

(b) The Board has taken all necessary actions to ensure that no restrictions included in any “control share acquisition,” “fair
price,” “moratorium,” “business combination” or other state anti-takeover Law (including Section 203 of the DGCL) is, or as of the Closing will be, applicable to the Purchase. 

Section 3.11 Brokers and Other Advisors. Except for Allen & Company LLC, Deutsche Bank Securities
Inc. and J.P. Morgan Securities LLC, the fees and expenses of which will be paid by the Company, no broker, investment banker, financial advisor or other Person is entitled to any broker’s, finder’s, financial advisor’s or other
similar fee or commission, or the reimbursement of expenses in connection therewith, in connection with the Transactions based upon arrangements made by or on behalf of the Company or any of its Subsidiaries. 

Section 3.12 Sale of Securities. Assuming the accuracy of the representations and warranties set forth in
Section 4.08, the sale of the shares of Series A Preferred Stock pursuant to this Agreement is exempt from the registration and prospectus delivery requirements of the Securities Act and the rules and regulations
thereunder. Without limiting the foregoing, neither the Company nor, to the Knowledge of the Company, any other Person authorized by the Company to act on its behalf, has engaged in a general solicitation or general advertising (within the meaning
of Regulation D of the Securities Act) of investors with respect to offers or sales of Series A Preferred Stock, and neither the Company nor, to the Knowledge of the Company, any Person acting on its behalf has made any offers or sales of any
security or solicited any offers to buy any security, under circumstances that would cause the offering or issuance of Series A Preferred Stock under this Agreement to be integrated with prior offerings by the Company for purposes of the Securities
Act that would result in none of Regulation D or any other applicable exemption from registration under the Securities Act to be available, nor will the Company take any action or steps that would cause the offering or issuance of Series A Preferred
Stock under this Agreement to be integrated with other offerings by the Company. 

  
 16 

 Section 3.13 Listing and Maintenance Requirements. The Common Stock is
registered pursuant to Section 12(b) of the Exchange Act and listed on NASDAQ, and the Company has taken no action designed to, or which to the Knowledge of the Company is reasonably likely to have the effect of, terminating the registration of
the Common Stock under the Exchange Act or delisting the Common Stock from NASDAQ, nor has the Company received as of the date of this Agreement any notification that the SEC or NASDAQ is contemplating terminating such registration or listing. 

Section 3.14 Status of Securities. As of the Closing, the Acquired Shares, any shares of Series A Preferred Stock to be
issued as PIK Dividends (as defined in the Certificate of Designations) and the shares of Common Stock issuable upon conversion of any of the foregoing shares will be, when issued, duly authorized by all necessary corporate action on the part of the
Company, validly issued, fully paid and nonassessable and issued in compliance with all applicable federal and state securities Laws and will not be subject to preemptive rights of any other stockholder of the Company, and will be free and clear of
all Liens, except restrictions imposed by the Securities Act, Section 5.08 and any applicable securities Laws. The shares of Series A Preferred Stock to be issued as PIK Dividends (as defined in the Certificate of
Designations) and the shares of Common Stock issuable upon conversion of the Acquired Shares have been duly reserved for issuance. The respective rights, preferences, privileges, and restrictions of the Series A Preferred Stock and the Common Stock
are as stated in the Company Charter Documents (including the Certificate of Designations) or as otherwise provided by applicable Law. 

Section 3.15 Ability to Pay Dividends. Except with respect to the covenants contained in (a) the Existing Credit
Agreements or (b) the Indentures, the Company is not party to any material Contract, and is not subject to any provision in the Company Charter Documents or resolutions of the Board that, in each case, by its terms prohibits or prevents the
Company from paying dividends in form and the amounts contemplated by the Certificate of Designations. The Company and its Subsidiaries are not in material breach of, or default or violation under, the Existing Credit Agreements or the Indentures.

 Section 3.16 No Other Company Representations or Warranties. Except for the representations and
warranties made by the Company in this Article III and in any certificate or other document delivered in connection with this Agreement, neither the Company nor any other Person acting on its behalf makes any other express or implied
representation or warranty with respect to the Series A Preferred Stock, the Common Stock, the Company or any of its Subsidiaries or their respective businesses, operations, properties, assets, liabilities, condition (financial or otherwise) or
prospects, notwithstanding the delivery or disclosure to the Investor or its Representatives of any documentation, forecasts or other information with respect to any one or more of the foregoing, and the Investor acknowledges the foregoing. In
particular, and without limiting the generality of the foregoing, except for the representations and warranties made by the Company in this Article III and in any certificate or other document delivered in connection with this Agreement,
neither the Company nor any other Person makes or has made any express or implied representation or warranty to the Investor or its Representatives with respect to (a) any financial projection, forecast, estimate, budget or prospect information
relating to the Company, any of its Subsidiaries or their respective businesses or (b) any oral or written information presented to the Investor or its Representatives in the course of its due diligence investigation of the Company, the
negotiation of this Agreement or the course of the Transactions or any other transactions or potential transactions involving the Company and the Investor. 

  
 17 

 Section 3.17 No Other Investor Representations or Warranties. Except for the
representations and warranties expressly set forth in Article IV and in any certificate or other document delivered in connection with this Agreement, the Company hereby acknowledges that no Investor nor any other Person, (a) has made or
is making any other express or implied representation or warranty with respect to such Investor or any of its Subsidiaries or their respective businesses, operations, assets, liabilities, condition (financial or otherwise) or prospects, including
with respect to any information provided or made available to the Company or any of its Representatives or any information developed by the Company or any of its Representatives or (b) except in the case of fraud, will have or be subject to any
liability or indemnification obligation to the Company resulting from the delivery, dissemination or any other distribution to the Company or any of its Representatives, or the use by the Company or any of its Representatives, of any information,
documents, estimates, projections, forecasts or other forward-looking information, business plans or other material developed by or provided or made available to the Company or any of its Representatives, including in due diligence materials, in
anticipation or contemplation of any of the Transactions or any other transactions or potential transactions involving the Company and the Investor. The Company, on behalf of itself and on behalf of its respective Affiliates, expressly waives any
such claim relating to the foregoing matters, except with respect to fraud. 
 ARTICLE IV 

Representations and Warranties of the Investor 

The Investor represents and warrants to the Company, as of the date hereof and as of the Closing Date: 

Section 4.01 Organization; Standing. The Investor is a limited partnership or limited liability company duly organized,
validly existing and in good standing under the Laws of its jurisdiction of organization and the Investor has all requisite power and authority necessary to carry on its business as it is now being conducted and is duly licensed or qualified to do
business and is in good standing in each jurisdiction in which the nature of the business conducted by it or the character or location of the properties and assets owned or leased by it makes such licensing or qualification necessary, except where
the failure to be so licensed, qualified or in good standing would not, individually or in the aggregate, reasonably be expected to have an Investor Material Adverse Effect. 

Section 4.02 Authority; Noncontravention. (a) The Investor has all necessary power and authority to execute and deliver this
Agreement and the other Transaction Documents, to perform its obligations hereunder and thereunder and to consummate the Transactions. The execution, delivery and performance by the Investor of this Agreement and the other Transaction Documents and
the consummation by such Investor of the Transactions have been duly authorized and approved by all necessary action on the part of such Investor, and no further action, approval or authorization by any of its stockholders, partners, members or
other equity 

  
 18 

 
owners, as the case may be, is necessary to authorize the execution, delivery and performance by such Investor of this Agreement and the other Transaction Documents and the consummation by the
Investor of the Transactions. This Agreement has been duly executed and delivered by the Investor and, assuming due authorization, execution and delivery hereof by the Company, constitutes a legal, valid and binding obligation of such Investor,
enforceable against it in accordance with its terms, subject to the Bankruptcy and Equity Exception. Neither the execution and delivery of this Agreement or the other Transaction Documents by the Investor, nor the consummation of the Transactions by
the Investor, nor performance or compliance by the Investor with any of the terms or provisions hereof or thereof, will (i) conflict with or violate any provision of the certificate or articles of incorporation, bylaws or other comparable
charter or organizational documents of such Investor or (ii) assuming that the authorizations, consents and approvals referred to in Section 4.03 are obtained prior to the Closing Date and the filings referred to in
Section 4.03 are made and any waiting periods with respect to such filings have terminated or expired prior to the Closing Date, (x) violate any Law or Judgment applicable to the Investor or any of its Subsidiaries or
(y) violate or constitute a default (or constitute an event which, with notice or lapse of time or both, would violate or constitute a default) under any of the terms, conditions or provisions of any Contract to which such Investor or any of
its Subsidiaries is a party or accelerate such Investor’s or any of its Subsidiaries’, if applicable, obligations under any such Contract, except, in the case of clause (ii), as would not, individually or in the aggregate, reasonably
be expected to have an Investor Material Adverse Effect. 
 Section 4.03 Governmental Approvals. Except for
(a) the filing by the Company of the Certificate of Designations with the Secretary of State of the State of Delaware and (b) filings required under, and compliance with other applicable requirements of, the HSR Act, no consent or approval
of, or filing, license, permit or authorization, declaration or registration with, any Governmental Authority is necessary for the execution and delivery of this Agreement and the other Transaction Documents by the Investor, the performance by such
Investor of its obligations hereunder and thereunder and the consummation by such Investor of the Transactions, other than such other consents, approvals, filings, licenses, permits, authorizations, declarations or registrations that, if not
obtained, made or given, would not, individually or in the aggregate, reasonably be expected to have an Investor Material Adverse Effect. 

Section 4.04 Financing. The Investor has received a fully executed commitment letter, dated as of the date hereof (the
“Equity Commitment Letter”), from the equity financing source party thereto (the “Sponsor”), a true, accurate and complete copy of which as in effect on the date of this Agreement was made available to the Company
on the date hereof, pursuant to which the Sponsor has committed, on the terms set forth therein, to provide to the Investor (directly or indirectly) the equity financing set forth therein (the “Equity Financing”). As of the date
hereof, the Equity Commitment Letter has not been amended, modified, terminated or withdrawn (and no such amendment, modification, termination or withdrawal is contemplated by Investor or the Sponsor) and the Equity Commitment Letter is in full
force and effect and constitutes the legal, valid and binding obligations of Investor and the Sponsor, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws affecting creditors’
rights and to general principles of equity. There are no other agreements, side letters or arrangements relating to the Equity Commitment Letter that could affect the availability of the Equity Financing other than as expressly set forth

  
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in the Equity Commitment Letter. No event has occurred which, with or without notice, lapse of time or both, would or would reasonably be expected to constitute a default or breach on the part of
the Investor, the Sponsor or any of their respective Affiliates under the Equity Commitment Letter. The Equity Financing is subject to no conditions to the obligations of the parties under the Equity Commitment Letter to make the full amount of the
Equity Financing available at the Closing other than those set forth in the Equity Commitment Letter. 
 Section 4.05 Ownership of
Company Stock. None of the Investor nor any of its Affiliates owns any capital stock or other securities of the Company. 

Section 4.06 Brokers and Other Advisors. No broker, investment banker, financial advisor or other Person is entitled to any
broker’s, finder’s, financial advisor’s or other similar fee or commission, or the reimbursement of expenses in connection therewith, in connection with the Transactions based upon arrangements made by or on behalf of the Investor or
any of their respective Subsidiaries, except for Persons, if any, whose fees and expenses will be paid by the Investor. 
 Section 4.07
Non-Reliance on Company Estimates, Projections, Forecasts, Forward-Looking Statements and Business Plans. In connection with the due diligence investigation of the Company by the Investor and its
respective Representatives, the Investor and its respective Representatives have received and may continue to receive from the Company and its Representatives certain estimates, projections, forecasts and other forward-looking information, as well
as certain business plan information containing such information, regarding the Company, the Target and their respective Subsidiaries and their respective businesses and operations. Such Investor hereby acknowledges that there are uncertainties
inherent in attempting to make such estimates, projections, forecasts and other forward-looking statements, as well as in such business plans, with which such Investor is familiar, that the Investor is making its own evaluation of the adequacy and
accuracy of all estimates, projections, forecasts and other forward-looking information, as well as such business plans, so furnished to such Investor (including the reasonableness of the assumptions underlying such estimates, projections,
forecasts, forward-looking information or business plans), and that except for the representations and warranties made by the Company in Article III of this Agreement and in any certificate or other document delivered in connection with this
Agreement, such Investor will have no claim against the Company, the Target and any of their respective Subsidiaries, or any of their respective Representatives, with respect thereto, except with respect to fraud. 

Section 4.08 Purchase for Investment. The Investor acknowledges that the Series A Preferred Stock and the Common
Stock issuable upon the conversion of the Series A Preferred Stock have not been registered under the Securities Act or under any state or other applicable securities laws. The Investor (a) acknowledges that it is acquiring the Series A
Preferred Stock and the Common Stock issuable upon the conversion of the Series A Preferred Stock pursuant to an exemption from registration under the Securities Act solely for investment with no intention to distribute any of the foregoing to any
Person, (b) will not sell, transfer, or otherwise dispose of any of the Series A Preferred Stock or the Common Stock issuable upon the conversion of the Series A Preferred Stock, except in compliance with this Agreement and the registration
requirements or exemption provisions of the Securities Act and any other applicable securities Laws, (c) has such knowledge and experience in financial and business matters and in 

  
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investments of this type that it is capable of evaluating the merits and risks of its investment in the Series A Preferred Stock and the Common Stock issuable upon the conversion of the Series A
Preferred Stock and of making an informed investment decision, (d) is an “accredited investor” (as that term is defined by Rule 501 of the Securities Act) and (e) (1) has been furnished with or has had full access to all the
information that it considers necessary or appropriate to make an informed investment decision with respect to the Series A Preferred Stock and the Common Stock issuable upon the conversion of the Series A Preferred Stock, (2) has had an
opportunity to discuss with the Company and its Representatives the intended business and financial affairs of the Company and to obtain information necessary to verify any information furnished to it or to which it had access and (3) can bear
the economic risk of (i) an investment in the Series A Preferred Stock and the Common Stock issuable upon the conversion of the Series A Preferred Stock indefinitely and (ii) a total loss in respect of such investment. Such Investor has
such knowledge and experience in business and financial matters so as to enable it to understand and evaluate the risks of, and form an investment decision with respect to its investment in, the Series A Preferred Stock and the Common Stock issuable
upon the conversion of the Series A Preferred Stock and to protect its own interest in connection with such investment. 
 Section 4.09
No Other Company Representations or Warranties. Except for the representations and warranties expressly set forth in Article III and in any certificate or other document delivered in connection with this Agreement,
such Investor hereby acknowledges that neither the Company, the Target nor any of their respective Subsidiaries, nor any other Person, (a) has made or is making any other express or implied representation or warranty with respect to the
Company, the Target or any of their respective Subsidiaries or their respective businesses, operations, assets, liabilities, condition (financial or otherwise) or prospects, including with respect to any information provided or made available to
such Investor or any of its Representatives or any information developed by such Investor or any of its Representatives or (b) except in the case of fraud, will have or be subject to any liability or indemnification obligation to such Investor
resulting from the delivery, dissemination or any other distribution to such Investor or any of its Representatives, or the use by such Investor or any of its Representatives, of any information, documents, estimates, projections, forecasts or other
forward-looking information, business plans or other material developed by or provided or made available to such Investor or any of its Representatives, including in due diligence materials, “data rooms” or management presentations (formal
or informal), in anticipation or contemplation of any of the Transactions, the Acquisition, the Refinancing, the Debt Financing or any other transactions or potential transactions involving the Company and/or the Target and such Investor. Such
Investor, on behalf of itself and on behalf of its respective Affiliates, expressly waives any such claim relating to the foregoing matters, except with respect to fraud. Such Investor hereby acknowledges (for itself and on behalf of its Affiliates
and Representatives) that it has conducted, to its satisfaction, its own independent investigation of the business, operations, assets and financial condition of the Company, the Target and their respective Subsidiaries and, in making its
determination to proceed with the Transactions, such Investor and its Affiliates and Representatives have relied on the results of their own independent investigation. 

  
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 ARTICLE V 

Additional Agreements 

Section 5.01 Negative Covenants. Except as required by applicable Law, Judgment or to comply with any notice from a
Governmental Authority, as expressly contemplated, required or permitted by the Acquisition Agreement as in effect on the date hereof, the Debt Commitment Letter as in effect on the date hereof or this Agreement or as described in
Section 5.01 of the Company Disclosure Letter, (i) during the period from the date of this Agreement until the Closing Date (or such earlier date on which this Agreement may be terminated pursuant to
Section 7.01), (1) unless the Investor Parties otherwise consent in writing (such consent not to be unreasonably withheld, delayed or conditioned) the Company shall, and shall cause its Subsidiaries to, use their commercially reasonable efforts
to operate their businesses in all material respects in the ordinary course and (2) unless the Investor Parties otherwise consent in writing (such consent not to be unreasonably withheld, delayed or conditioned with respect to the actions
contemplated by Sections 5.01(b), (f), (g) and (h), the Company shall not: 
 (a) other than the authorization and issuance of the Series A
Preferred Stock to the Investor and the consummation of the other Transactions and the Acquisition, issue, sell or grant any shares of its capital stock or other equity or voting interests, or any securities or rights convertible into, exchangeable
or exercisable for, or evidencing the right to subscribe for any shares of its capital stock or other equity or voting interests, or any rights, warrants or options to purchase any shares of its capital stock or other equity or voting interests;
provided that the Company may issue or grant shares of Common Stock or other securities in the ordinary course of business pursuant to the terms of a Company Plan in effect on the date of this Agreement; 

(b) redeem, purchase or otherwise acquire any of its outstanding shares of capital stock or other equity or voting interests, or any rights,
warrants or options to acquire any shares of its capital stock or other equity or voting interests (other than pursuant to the cashless exercise of Company Stock Options or the forfeiture or withholding of Taxes with respect to Company Stock
Options, Company RSUs or Company PSUs); 
 (c) establish a record date for, declare, set aside for payment or pay any dividend on, or make
any other distribution in respect of, any shares of its capital stock or other equity or voting interests; 
 (d) split, combine, subdivide
or reclassify any shares of its capital stock or other equity or voting interests; 
 (e) amend or supplement the Company Charter Documents
in a manner that would affect the Investor Parties in an adverse manner either as a holder of Series A Preferred Stock or with respect to the rights of the Investor Parties under this Agreement; 

  
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 (f) make any acquisition (including by merger) of the capital stock or any other equity
interest or a material portion of the assets of any other Person, if the aggregate amount of consideration paid or transferred by the Company and its Subsidiaries in connection with all such transactions would exceed $100,000,000; provided
that for the avoidance of doubt, the foregoing shall not restrict the Company’s or any of its Subsidiaries’ ability to make any acquisition of inventory in the ordinary course of business consistent with past practice; 

(g) sell, license or lease to any Person, in a single transaction or series of related transactions, any of its properties, rights or assets
for consideration, individually or in the aggregate, in excess of $100,000,000 except (A) dispositions of inventory and dispositions of obsolete, surplus or worn out assets or assets that are no longer used or useful in the conduct of the
business of the Company or any of its Subsidiaries, (B) transfers among the Company and its Subsidiaries, (C) leases and subleases of real property owned by the Company or its Subsidiaries and leases of real property under which the
Company or any of its Subsidiaries is a tenant or a subtenant and voluntary terminations or surrenders of such leases or subleases in each case in the ordinary course of business, (D) sales of real property owned by the Company or its
Subsidiaries in the ordinary course of business or (E) non-exclusive licenses of intellectual property granted in the ordinary course of business consistent with past practice; or 

(h) enter into any new, or amend, terminate or renew in any material respect, any material Contract between the Company or one of its
Subsidiaries, on the one hand, and any of its Affiliates (other than the Company’s Subsidiaries) or any officer or director of the Company or any of its Subsidiaries, on the other hand, outside the ordinary course of business; 

provided that nothing in this Section 5.01 or elsewhere in this Agreement shall prohibit or otherwise restrict the Company from taking any action
necessary to perform its obligations under the Acquisition Agreement as in effect on the date hereof and consummate the Acquisition in accordance with the terms of the Acquisition Agreement as in effect on the date hereof, including taking any
actions contemplated by Section 6.5(e) of the Acquisition Agreement as in effect on the date hereof. 
 Section 5.02 Reasonable
Best Efforts; Filings. (a) Subject to the terms and conditions of this Agreement, each of the Company and the Investor Parties shall cooperate with each other and use (and shall cause its Subsidiaries to use) its reasonable best
efforts (unless, with respect to any action, another standard of performance is expressly provided for herein) to promptly (i) take, or cause to be taken, all actions, and do, or cause to be done, and assist and cooperate with each other in
doing, all things necessary, proper or advisable to cause the conditions to Closing to be satisfied as promptly as reasonably practicable and to consummate and make effective, in the most expeditious manner reasonably practicable, the Transactions,
including preparing and filing promptly and fully all documentation to effect all necessary filings, notices, petitions, statements, registrations, submissions of information, applications and other documents, (ii) obtain all approvals,
consents, registrations, waivers, permits, authorizations, orders and other confirmations from any Governmental Authority or third party necessary, proper or advisable to consummate the Transactions, (iii) execute and deliver any additional
instruments necessary to consummate the Transactions and (iv) defend or contest in good faith any Action brought by a third party that could otherwise prevent or impede, interfere with, hinder or delay in any material respect the consummation
of the Transactions. For the avoidance of doubt, nothing in this Agreement or any of the Transaction Documents shall require the Company to take any action or refrain from taking any action under or in connection with the Acquisition Agreement or
the Debt Commitment Letter. 

  
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 (b) The Company and the Investor Parties agree to make an appropriate filing of a
Notification and Report Form (“HSR Form”) pursuant to the HSR Act with respect to the Transactions (which shall request the early termination of any waiting period applicable to the Transactions under the HSR Act) as promptly as
reasonably practicable following the date of this Agreement, and to supply as promptly as reasonably practicable any additional information and documentary material that may be requested pursuant to the HSR Act and to promptly take any and all steps
necessary to avoid or eliminate each and every impediment and obtain all consents that may be required pursuant to the HSR Act, so as to enable the parties hereto to consummate the Transactions. 

(c) Each of the Company and the Investor Parties shall use their respective reasonable best efforts to (i) cooperate in all respects with
the other party in connection with any filing or submission with a Governmental Authority in connection with the Transactions and in connection with any investigation or other inquiry by or before a Governmental Authority relating to the
Transactions, including any proceeding initiated by a private person, (ii) keep the other party informed in all material respects and on a reasonably timely basis of any material communication received by the Company or the Investor Parties, as
the case may be, from or given by the Company or the Investor Parties, as the case may be, to the Federal Trade Commission (“FTC”), the Department of Justice (“DOJ”) or any other Governmental Authority and of any
material communication received or given in connection with any proceeding by a private Person, in each case regarding the Transactions, (iii) subject to applicable Laws relating to the exchange of information, and to the extent reasonably
practicable, consult with the other party with respect to information relating to such party and its respective Subsidiaries, as the case may be, that appears in any filing made with, or written materials submitted to, any third Person or any
Governmental Authority in connection with the Transactions, other than “4(c) and 4(d) documents” as that term is used in the rules and regulations under the HSR Act and other confidential information contained in the HSR Form, and
(iv) to the extent permitted by the FTC, the DOJ or such other applicable Governmental Authority or other Person, give the other party the opportunity to attend and participate in such meetings and conferences. 

(d) Notwithstanding anything to the contrary in this Agreement, nothing in this Section 5.02 shall require Carlyle to
take any action to cause any of its controlled Affiliates (other than the Investor Parties or any assignees of the Investor that become a party to this Agreement pursuant to Section 8.03 and their respective controlled
Affiliates), including selling, divesting, conveying, holding separate, or otherwise limiting its freedom of action with respect to any assets, rights, products, licenses, businesses, operations, or interest therein, of any such Affiliates or any
direct or indirect portfolio companies of investment funds advised or managed by one or more Affiliates of such Investor Party with respect to satisfying the condition set forth in Section 6.01(b). The parties understand
and agree that all obligations of Investor related to regulatory approvals shall be governed exclusively by this Section 5.02. 

Section 5.03 Corporate Actions. (a) At any time that any Series A Preferred Stock is outstanding, the Company shall: 

(i) from time to time take all lawful action within its control to cause the authorized capital stock of the Company to include
a sufficient number of authorized but unissued shares of Common Stock to satisfy the conversion requirements of all shares of the Series A Preferred Stock then outstanding; and 

  
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 (ii) not effect any voluntary deregistration under the Exchange Act or any
voluntary delisting with NASDAQ in respect of the Common Stock other than in connection with a Change of Control (as defined in the Certificate of Designations) pursuant to which the Company agrees to satisfy, or will otherwise cause the
satisfaction, in full of its obligations under Section 9(a) of the Certificate of Designations or is otherwise consistent with the terms set forth in Section 9(j) of the Certificate of Designations. 

(b) Prior to the Closing, the Company shall file with the Secretary of State of the State of Delaware the Certificate of Designations in the
form attached hereto as Annex I, with such changes thereto as the parties may reasonably agree. 
 (c) If any occurrence since the
date of this Agreement until the Closing would have resulted in an adjustment to the Conversion Rate pursuant to the Certificate of Designations if the Series A Preferred Stock had been issued and outstanding since the date of this Agreement, the
Company shall adjust the Conversion Rate, effective as of the Closing, in the same manner as would have been required by the Certificate of Designations if the Series A Preferred Stock had been issued and outstanding since the date of this
Agreement. For the avoidance of doubt, no adjustments to the Conversion Rate shall be made as a result of the Acquisition, the Refinancing or the Debt Financing so long as such transactions are consummated on the basis of the Acquisition Agreement
and the Debt Commitment Letter in effect as of the date hereof. 
 (d) So long as any shares of Series A Preferred Stock are beneficially
owned by the Investor Parties, unless the Investor Parties otherwise consent in writing (such consent not to be unreasonably withheld, delayed or conditioned), the Company shall not (i) enter into any material transaction with a “related
party” (as such term is defined in Item 404 of Regulation S-K promulgated under the Exchange Act) of the Company that does not comply with the Company’s policy for the evaluation and approval of
related person transactions or (ii) repurchase or redeem any outstanding Common Stock from a “related party” (as such term is defined in Item 404 of Regulation S-K promulgated under the Exchange
Act) in a privately negotiated transaction at a price that is more than the Current Market Price (as defined in the Certificate of Designations) as of the date of repurchase or redemption; provided that, for the avoidance of doubt, this
Section 5.03(d) shall not restrict (x) any repurchase of unvested shares following termination of a Company employee, advisor or consultant or (y) any repurchase or redemption of the Common Stock which is offered
to all holders of Common Stock. 
 (e) So long as the 5% Beneficial Ownership Requirement is satisfied, the Company and its Subsidiaries
shall (x) not adopt, approve or agree to adopt a stockholder rights agreement, “poison pill” or similar anti-takeover agreement or plan that is applicable to the Investor Parties unless the Company has excluded the Investor Parties
from the definition of “acquiring person” (or such similar term) as such term is defined in such anti-takeover agreement to the extent of the Investor Parties’ beneficial ownership of Common Stock as of the date of Closing and
(y) take such actions as may be necessary to render inapplicable any control share acquisition, interested stockholder, business combination or similar anti-takeover provision in the DGCL and/or the Company Charter Documents that is or could
become applicable to the Investor Parties as a result of the Transactions, including the Company’s issuance of shares of Common Stock upon conversion of the Series A Preferred Stock and any issuance pursuant to
Section 5.16. 

  
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 Section 5.04 Public Disclosure. The Investor Parties and the Company
shall consult with each other before issuing, and give each other the opportunity to review and comment upon, any press release or other public statements with respect to the Transaction Documents or the Transactions, and shall not issue any such
press release or make any such public statement prior to such consultation, except as may be required by applicable Law, Judgment, court process or the rules and regulations of any national securities exchange or national securities quotation
system. Notwithstanding the forgoing, this Section 5.04 shall not apply to any press release or other public statement made by the Company or the Investor Parties (a) which does not contain any information relating to
the Transactions that has not been previously announced or made public in accordance with the terms of this Agreement or (b) is made in the ordinary course of business and does not relate specifically to the signing of the Transaction Documents
or the Transactions. 
 Section 5.05 Confidentiality. The Investor Parties will, and will cause its Affiliates and
Representatives to, keep confidential any information (including oral, written and electronic information) concerning the Company, its Subsidiaries or its Affiliates that may be furnished to any Investor Party, its Affiliates or its or their
respective Representatives by or on behalf of the Company or any of its Representatives pursuant to this Agreement, including any such information provided pursuant to Section 5.15 of this Agreement (“Confidential
Information”) and to use the Confidential Information solely for the purposes of monitoring, administering or managing the Investor Parties’ investment in the Company made pursuant to this Agreement; provided that Confidential
Information will not include information that (a) is, was or becomes available to the public (other than as a result of a breach of any confidentiality obligation by any Investor Party or its Affiliates), (b) is or has been independently
developed or conceived by any Investor Party without use of the Company’s confidential information or (c) is or has been made known or disclosed to any Investor Party by a third party (other than an Affiliate of such Investor Party)
without a breach of any confidentiality obligations such third party has to the Company that is known to such Investor Party; provided that, an Investor Party may disclose confidential information (i) to its attorneys, accountants,
consultants and other professional advisors to the extent necessary to obtain their services in connection with monitoring its investment in the Company, (ii) to any prospective purchaser of any shares of Series A Preferred Stock, shares of
Common Stock that were issued upon conversion of shares of Series A Preferred Stock and any security issued pursuant to Section 5.16 from such Investor Party as long as such prospective purchaser agrees to be bound by the a customary
confidentiality or non-disclosure agreement (with the Company as an express third party beneficiary of such agreement), (iii) to any Affiliate, partner, member, limited partners, prospective partners or
related investment fund of such Investor Parties and their respective directors, employees, consultants and representatives, in each case in the ordinary course of business (provided that the recipients of such confidential information are subject
to a customary confidentiality and non-disclosure obligation), (iv) as may be reasonably determined by such Investor Party to be necessary in connection with such Investor Party’s enforcement of its
rights in connection with this Agreement or its investment in the Company and its subsidiaries, or (v) 

  
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as may otherwise be required by law or legal, judicial or regulatory process, provided that such Investor Party takes reasonable steps to minimize the extent of any required disclosure
described in this clause (v); and provided, further, that the acts and omissions of any Person to whom such Investor Party may disclose confidential information pursuant to clauses (i) and (iii) of the preceding proviso shall be
attributable to such Investor Party for purposes of determining such Investor party’s compliance with this Section 5.05, except those who have entered into a separate confidentiality or
non-disclosure agreement or obligation with the Company. The Confidentiality Agreement, dated October 3, 2017, as amended August 28, 2018, by and among Carlyle Investment Management, L.L.C. and the
Company (the “Confidentiality Agreement”) shall terminate simultaneously with the Closing. 
 Section 5.06
NASDAQ Listing of Shares. To the extent the Company has not done so prior to the date of this Agreement, the Company shall promptly apply to cause the aggregate number of shares of Common Stock issuable upon the conversion of
the Acquired Shares to be approved for listing on NASDAQ. From time to time following the Closing Date, the Company shall cause the number of shares of Common Stock issuable upon conversion or redemption of the then outstanding shares of Series A
Preferred Stock to be approved for listing on NASDAQ. 
 Section 5.07 Standstill. The Investor Parties agree that until
the earlier of (i) a Change of Control (as defined in the Certificate of Designations) and (ii) the later of (A) the first day on which no Investor Designee serves on the Board and the Investor has no rights (or have irrevocably
waived their right) under Section 5.10 (except Section 5.10(g)) and (B) the three-year anniversary of the Closing Date (the later of such dates, the “Standstill Expiration Date”), without the prior
written approval of the Board, the Investor Parties will not, directly or indirectly, and will cause its Affiliates not to: 
 (a) acquire,
offer or seek to acquire, agree to acquire or make a proposal to acquire, by purchase or otherwise, any securities or direct or indirect rights to acquire any securities of the Company or any of its Affiliates, any securities convertible into or
exchangeable for any such securities, any options or other derivative securities or contracts or instruments in any way related to the price of shares of Common Stock or any assets or property of the Company or any Subsidiary of the Company; 

(b) make or in any way encourage or participate in any “solicitation” of “proxies” (whether or not relating to the election
or removal of directors), as such terms are used in the rules of the SEC, to vote, or knowingly seek to advise or influence any Person with respect to voting of, any voting securities of the Company or any of its Subsidiaries, or call or seek to
call a meeting of the Company’s stockholders or initiate any stockholder proposal for action by the Company’s stockholders, or seek election to or to place a representative on the Board or seek the removal of any director from the Board;

 (c) demand a copy of the stock ledger list of stockholders or any other books and records of the Company; 

  
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 (d) make any public announcement with respect to, or offer, seek, propose or indicate an
interest in (in each case with or without conditions), any merger, consolidation, business combination, tender or exchange offer, recapitalization, reorganization or purchase of a material portion of the assets, properties or securities of the
Company or any Subsidiary of the Company, or any other extraordinary transaction involving the Company or any Subsidiary of the Company or any of their respective securities, or enter into any discussions, negotiations, arrangements, understandings
or agreements (whether written or oral) with any other Person regarding any of the foregoing; 
 (e) otherwise act, alone or in concert with
others, to seek to control or influence, in any manner, the management, board of directors or policies of the Company or any of its Subsidiaries; 

(f) make any proposal or statement of inquiry or disclose any intention, plan or arrangement inconsistent with any of the foregoing; 

(g) advise, assist, knowingly encourage or direct any Person to do, or to advise, assist, encourage or direct any other Person to do, any of
the foregoing; 
 (h) take any action that would, in effect, require the Company to make a public announcement regarding the possibility of a
transaction or any of the events described in this Section 5.07; 
 (i) enter into any discussions, negotiations,
arrangements or understandings with any third party (including, without limitation, security holders of the Company, but excluding, for the avoidance of doubt, any Investor Parties) with respect to any of the foregoing, including, without
limitation, forming, joining or in any way participating in a “group” (as defined in Section 13(d)(3) of the Exchange Act) with any third party with respect to any securities of the Company or otherwise in connection with any of the
foregoing; 
 (j) request the Company or any of its Representatives, directly or indirectly, to amend or waive any provision of this
Section 5.07, provided that this clause shall not prohibit the Investor Parties from making a confidential request to the Company seeking an amendment or waiver of the provisions of this
Section 5.07, which the Company may accept or reject in its sole discretion, so long as any such request is made in a manner that does not require public disclosure thereof by any Person; or 

(k) contest the validity of this Section 5.07 or make, initiate, take or participate in any demand, Action (legal or
otherwise) or proposal to amend, waive or terminate any provision of this Section 5.07; 
 provided, however, that
nothing in this Section 5.07 will limit (1) the Investor Parties’ ability to vote (subject to Section 5.11), Transfer or Hedge (subject to Section 5.08), limit
or restrict any transfer pursuant to a Permitted Loan or any foreclosure thereunder or transfer in lieu of a foreclosure thereunder, convert (subject to Section 6 of the Certificate of Designations), privately make and submit to the Company
and/or the Board any proposal that is intended by the Investor Parties to be made and submitted on a non-publicly disclosed or announced basis (and would not reasonably be expect to require public disclosure
by any Person), participate in rights offerings made by the Company to all holders of its Common Stock, receive any dividends or similar distributions with respect to any securities of the Company held by Investor Parties, tender

  
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shares of the Common Stock, Series A Preferred Stock or securities issued pursuant to Section 5.16 into any tender or exchange offer (but subject to
Section 5.08), acquire any securities of the Company pursuant to Section 5.16, effect an adjustment to the Conversion Rate pursuant to the Certificate of Designations or otherwise exercise rights
under its Common Stock or Series A Preferred Stock or (2) the ability of any Investor Director to vote or otherwise exercise his or her legal duties or otherwise act in his or her capacity as a member of the Board. 

Section 5.08 Transfer Restrictions. (a) Except as otherwise permitted in this Agreement, including
Section 5.08(b), until the earlier of (x) the 18-month anniversary of the Closing Date and (y) a Change of Control (as defined in the Certificate of Designations) or entry
into a definitive agreement that would result in a Change of Control (as defined in the Certificate of Designations), the Investor Parties will not (i) Transfer any Series A Preferred Stock or any Common Stock issued upon conversion of the
Series A Preferred Stock or (ii) make any short sale of, grant any option for the purchase of, or enter into any hedging or similar transaction with the same economic effect as a short sale of or the purpose of which is to offset the loss which
results from a decline in the market price of, any shares of Series A Preferred Stock or Common Stock, or otherwise establish or increase, directly or indirectly, a put equivalent position, as defined in Rule
16a-1(h) under the Exchange Act, with respect to any of the Series A Preferred Stock, the Common Stock or any other capital stock of the Company (any such action, a “Hedge”). 

(b) Notwithstanding Section 5.08(a), the Investor Parties shall be permitted to Transfer any portion or all of their
Series A Preferred Stock or Common Stock issued upon conversion of the Series A Preferred Stock at any time under the following circumstances: 

(i) Transfers to any Permitted Transferees of the Investor or an Investor Party, but only if the transferee agrees in writing
prior to such Transfer for the express benefit of the Company (in form and substance reasonably satisfactory to the Company and with a copy thereof to be furnished to the Company) to be bound by the terms of this Agreement and if the transferee and
the transferor agree for the express benefit of the Company that the transferee shall Transfer the Series A Preferred Stock or Common Stock so Transferred back to the transferor at or before such time as the transferee ceases to be a Permitted
Transferee of the transferor; 
 (ii) Transfers pursuant to a merger, tender offer or exchange offer or other business
combination, acquisition of assets or similar transaction or any change of control transaction involving the Company or any Subsidiary that, in each case, is approved by the Board; 

(iii) Transfers pursuant to a tender offer or exchange offer that is (A) approved by the Board, (B) for less than all
of the outstanding shares of Common Stock of the Company or (C) part of a two-step transaction in which a tender offer is followed by a second step merger, in which the consideration to be received in the
first step of such transaction is not identical to the amount or form of consideration to be received in the second step merger; and 

  
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 (iv) Transfers to the Company or any of its Subsidiaries or that have been
approved in writing by the Board; 
 (v) Transfers after commencement by the Company or a significant subsidiary (as such
term is defined in Rule 12b-2 under the Exchange Act) of the Company of bankruptcy, insolvency or other similar proceedings; and 

(vi) Transfers in connection with a total return swap or bona fide loan or other financing arrangement, in each case entered
into with a nationally recognized financial institution, including a pledge to such a financial institution to secure a bona fide debt financing and any foreclosure by such financial institution or transfer to such financial institution in lieu of
foreclosure and subsequent sale of the securities (each, a “Permitted Loan”), as long as such financial institution agrees with the relevant Investor Party (with the Company as an express third party beneficiary of such agreement)
that following such foreclosure or in connection with such transfer it shall not directly or indirectly Transfer (other than pursuant to a broadly distributed offering or a sale effected through a broker-dealer) such foreclosed or transferred, as
the case may be, Series A Preferred Stock or Common Stock to a 20% Entity without the Company’s consent. Any Permitted Loan entered into by an Investor Party or its Affiliates shall be with one or more financial institutions reasonably
acceptable to the Company and, except as specified above, nothing contained in this Agreement or the Registration Rights Agreement shall prohibit or otherwise restrict the ability of any lender (or its securities’ affiliate) or collateral agent
to foreclose upon, or accept a transfer in lieu of foreclosure, and sell, dispose of or otherwise transfer the Series A Preferred Stock and/or shares of Common Stock (including shares of Common Stock received upon conversion or redemption of the
Series A Preferred Stock following foreclosure or transfer in lieu of foreclosure on a Permitted Loan) mortgaged, hypothecated and/or pledged to secure the obligations of the borrower following an event of default under a Permitted Loan. Subject to
the preceding provisions of this clause (vi), in the event that any lender or other creditor under a Permitted Loan transaction (including any agent or trustee on their behalf) or any affiliate of the foregoing exercises any rights or remedies in
respect of the Series A Preferred Stock or the shares of Common Stock issuable or issued upon conversion of the Series A Preferred Stock or any other collateral for any Permitted Loan, no lender, creditor, agent or trustee on their behalf or
affiliate of any of the foregoing (other than, for the avoidance of doubt, an Investor Party or its Affiliates) shall be entitled to any rights or have any obligations or be subject to any transfer restrictions or limitations hereunder except and to
the extent for those expressly provided for in Registration Rights Agreement. 
 (c) Notwithstanding Sections 5.08(a) and (b),
the Investor Parties will not at any time, directly or knowingly indirectly (without the prior written consent of the Board) Transfer any Series A Preferred Stock or Common Stock issued upon conversion of the Series A Preferred Stock: 

(i) to a Prohibited Transferee or to a 20% Entity (other than to one or more broker-dealers in a transaction described in
clause (x) of Section 5.08(c)(ii) or a transfer pursuant to clause (z) of Section 5.08(c)(ii)); or 

  
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 (ii) for so long as the Investor Parties satisfy the 5% Beneficial Ownership
Requirement, on any day, an aggregate number of shares of Series A Preferred Stock or Common Stock issued upon conversion of the Series A Preferred Stock that, on an as converted basis, would be in excess of 25% of the average daily trading volume
of the Common Stock for the preceding three months on NASDAQ; provided, however, that this Section 5.08(c)(ii) shall not restrict any Transfer (x) into the public market pursuant to a bona fide, broadly
distributed underwritten public offering or a bona fide, broadly distributed firm commitment offering to one or more broker-dealers for resale under Rule 144A and/or Regulation S of the Securities Act or a sale to a broker-dealer under Rule 144 the
Securities Act, (y) in a private transfer or (z) to any partner, member or stockholder of an Investor Party or its Affiliates. 

(d) Notwithstanding Sections 5.08(a), (b) or (c), the Investor Parties shall not at any time, directly or knowingly
indirectly (without the prior written consent of the Board) Transfer, in one or more related transactions, shares of Series A Preferred Stock or shares of Common Stock issued upon conversion of the Series A Preferred Stock representing, on an as
converted basis, beneficial ownership of 5% or more of the Common Stock then outstanding on an as converted basis to any single Person or any “group” (as defined in Section 13(d)(3) of the Exchange Act) of Persons (other than to one
or more broker-dealers in a transaction described clause (x) of Section 5.08(c)(ii) or a transfer pursuant to clause (z) of Section 5.08(c)(ii)), unless the Investor Parties give advance
written notice on the day the Investor Party intends to effect such Transfer (or earlier to the extent reasonably practicable). 
 (e) Any
attempted Transfer in violation of this Section 5.08 shall be null and void ab initio. 
 Section 5.09
Legend. (a) All certificates or other instruments representing the Series A Preferred Stock or Common Stock issued upon conversion of the Series A Preferred Stock will bear a legend substantially to the following effect: 

THE SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF
ANY STATE AND MAY NOT BE TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF EXCEPT WHILE A REGISTRATION STATEMENT RELATING THERETO IS IN EFFECT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT
OR SUCH LAWS. 
 THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO TRANSFER AND OTHER RESTRICTIONS SET FORTH IN AN INVESTMENT
AGREEMENT, DATED AS OF NOVEMBER 8, 2018, COPIES OF WHICH ARE ON FILE WITH THE SECRETARY OF THE ISSUER. 

  
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 (b) Upon request of the applicable Investor Party, upon receipt by the Company of an opinion
of counsel reasonably satisfactory to the Company to the effect that such legend is no longer required under the Securities Act and applicable state securities laws, the Company shall promptly cause the first paragraph of the legend to be removed
from any certificate for any Series A Preferred Stock or Common Stock to be Transferred in accordance with the terms of this Agreement and the second paragraph of the legend shall be removed upon the expiration of such transfer and other
restrictions set forth in this Agreement (and, for the avoidance of doubt, immediately prior to any termination of this Agreement). 

Section 5.10 Election of Directors. 

(a) Effective as of the Closing, the Company will increase the size of the Board in order to elect or appoint two Investor Designees (such
individuals, the “Initial Investor Director Designees”) to the Board to serve for a term expiring at the 2020 annual meeting of the Company’s stockholders and until their successors are duly elected and qualified. The Company
agrees to include each of the Initial Investor Director Designees (or their successors) as an “Investor Designee” nominated for election (in accordance with Section 14 of the Certificate of Designations) to the Board on the slate of
nominees recommended by the Board in the Company’s proxy statement relating to the 2020 annual meeting of the Company’s stockholders, to serve for a term expiring at the next annual meeting of the Company’s stockholders and until his
or her successor is duly elected and qualified. Upon election to the Board, the Company agrees to promptly appoint one Investor Designee to serve on each Committee of the Board, subject in each case to meeting the applicable requirements for service
on such committee as set forth in the listing rules of NASDAQ, the Company’s corporate governance guidelines applicable to all of the members of such committee and such committee’s charter. For the avoidance of doubt, the Initial Investor
Director Designees shall serve on the Board effective immediately following the Closing; provided that if the Investor has not informed the Company of its selection for one or both of its Initial Investor Director Designees as of such time,
then the Company will promptly after receiving a written notice that such Initial Investor Director Designee or Initial Investor Director Designees has been selected, elect or appoint such Initial Investor Director Designee or Initial Investor
Director Designees to the Board, subject to the terms of this Section 5.10 and the Certificate of Designations. 

(b) If at any time the 50% Beneficial Ownership Requirement is not satisfied (but the Fall-Away of Investor Board Rights has not occurred),
then at the written request of the Board, one of the Investor Directors, as specified by the Investor Parties (or, if the Investor Parties fail to do so within ten (10) days of such requirement not being satisfied, the Board), shall immediately
resign, and the Investor Parties shall cause such Investor Director immediately to resign, from the Board effective as of the first date on which the 50% Beneficial Ownership Requirement ceases to be satisfied. 

(c) Upon the occurrence of the Fall-Away of Investor Board Rights, at the written request of the Board, the Investor Directors shall
immediately resign, and the Investor Parties shall cause the Investor Directors immediately to resign, from the Board effective as of the date of the Fall-Away of Investor Board Rights, and the Investor Parties shall no longer have any rights under
this Section 5.10, including, for the avoidance of doubt, any designation and/or nomination rights under Section 5.10(d) 

  
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 (d) Until the occurrence of the Fall-Away of Investor Board Rights, at any annual meeting of
the Company’s stockholders after the 2020 annual meeting of the Company’s stockholders at which the term of one or more Investor Directors shall expire, the Investor shall have the right to designate a number of Investor Designees not to
exceed the number of Investor Directors whose term expires at such annual meeting which Investor Designees will be nominated by the Company as “Investor Designees” for election (in accordance with Section 14 of the Certificate of
Designations) to the Board at such annual meeting. The Company shall include each Investor Designee designated by the Investor in accordance with this Section 5.10(d) in the Company’s slate of nominees as
“Investor Designees” (in accordance with Section 14 of the Certificate of Designations) for the applicable annual meeting of the Company’s stockholders and shall recommend that the holders of the Series A Preferred Stock vote in
favor of such Investor Designees and shall support the Investor Designees in a manner no less rigorous and favorable than the manner in which the Company supports its other nominees in the aggregate. Without the prior written consent of the Investor
Parties, so long as an Investor Party is entitled to designate any Investor Designee for election to the Board in accordance with this Section 5.10, the Board shall not remove any Investor Director from his or her
directorship (except as required by law or the Company Charter Documents), unless the (x) Investor’s right to designate Investor Designees for election to the Board (whether at any annual meeting of the Company’s stockholders or to
fill a vacancy resulting from the death, disability, resignation or removal of any Investor Director as a member of the Board) and the Company’s obligation to nominate such Investor Designees for election to the Board, in each case as set forth
in this Section 5.10 and (y) the rights of the holders of the Series A Preferred Stock to elect such Investor Designees set forth in Article 14 of the Certificate of Designations, in each case, are preserved or
(z) the Investor Parties request in writing the removal of an Investor Designee (such removal to be in accordance with the Certificate of Designations). 

(e) In the event of the death, disability, resignation or removal of any Investor Director as a member of the Board (other than resignation
pursuant to Section 5.10(b) or 5.10(c)), the Investor Parties, if they are entitled to nominate one or more directors pursuant to this Section 5.10, may designate an Investor Designee to
replace such Investor Director and, subject to Section 5.10(f) and any applicable provisions of the DGCL, the Company shall cause such Investor Designee to fill such resulting vacancy. 

(f) The Company’s obligations to have any Investor Designee elected to the Board or nominate any Investor Designee for election as a
director at any meeting of the Company’s stockholders pursuant to this Section 5.10, as applicable, shall in each case be subject to (A) such Investor Designee’s satisfaction of all requirements regarding
service as a director of the Company under applicable Law and stock exchange rules regarding service as a director of the Company and all other criteria and qualifications for service as a director applicable to all directors of the Company and
(B) such Investor Designee meeting all independence requirements under the listing rules of NASDAQ; provided that in no event shall such Investor Designee’s relationship with the Investor Parties or their Affiliates (or any other
actual or potential lack of independence resulting therefrom), in and of itself, be considered to disqualify such Investor Designee from being a member of the Board pursuant to this Section 5.10. The Investor Parties will
cause each Investor Designee to make himself or herself reasonably available for interviews and to consent to such reference and background checks or other investigations as the Board may reasonably request to determine the Investor’s
Designee’s eligibility and qualification to serve as a director of the Company. No Investor Designee shall be eligible to serve on the Board if he or she has been involved in any of the events enumerated

  
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under Item 2(d) of Schedule 13D under the Exchange Act or Item 401(f) of Regulation S-K under the Securities Act or is subject to any Judgment prohibiting
service as a director of any public company. As a condition to any Investor Designee’s election to the Board or nomination for election as a director of the Company at any meeting of the Company’s stockholders, the Investor Parties and the
Investor Designee must provide to the Company: 
 (i) all information requested by the Company that is required to be or is
customarily disclosed for directors, candidates for directors and their respective Affiliates and Representatives in a proxy statement or other filings in accordance with applicable Law, any stock exchange rules or listing standards or the Company
Charter Documents or corporate governance guidelines, in each case, relating to the Investor Designee’s election as a director of the Company or the Company’s operations in the ordinary course of business; 

(ii) all information requested by the Company in connection with assessing eligibility, independence and other criteria
applicable to directors or satisfying compliance and legal or regulatory obligations, in each case, relating to the Investor Designee’s nomination or election, as applicable, as a director of the Company or the Company’s operations in the
ordinary course of business; 
 (iii) an undertaking in writing by the Investor Designee: 

a. to be subject to, bound by and duly comply with the code of conduct in the form agreed upon by the other directors of the
Company, provided that no such code of conduct shall restrict any transfer of securities by the Investor Parties or their Affiliates (other than with respect to any Investor Director solely in his or her individual capacity) except as provided
herein, impose confidentiality obligations on any Investor Director other than Section 5.05 or as mandatorily applicable under applicable law, or impose any share ownership requirement for any Investor Director; and 

b. to waive notice of and recuse himself or herself from any meetings, deliberations or discussion of the Board or any
committee thereof regarding any Transaction Document, the Transactions or any other transactions involving Carlyle. 
 (g) The Company shall
indemnify the Investor Directors and provide the Investor Directors with director and officer insurance to the same extent as it indemnifies and provides such insurance to other members of the Board, pursuant to the Company Charter Documents, the
DGCL or otherwise. The Company acknowledges and agrees that it (1) is the indemnitor of first resort (i.e., its obligations to the Investor Directors are primary and any obligation of the Investor Parties or their Affiliates to advance expenses
or to provide indemnification for the same expenses or liabilities incurred by the Investor Directors are secondary), and (2) shall be required to advance the amount of expenses incurred by the Investor Directors and shall be liable for the
amount of all expenses and liabilities incurred by the Investor Directors, in each case to the same extent as it indemnifies and provides such insurance to other members of the Board, pursuant to the Company Charter Documents, the DGCL or otherwise,
without regard to any rights the Investor Directors may have against any Investor Parties or their Affiliates. 

  
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 (h) Prior to the Fall-Away of Investor Board Rights, (i) the Company shall not increase
the size of the Board to more than a total of 12 director seats; provided that the Company may, with the consent of the Investor Parties (such consent not to be unreasonably withheld, conditioned or delayed), temporarily increase the size of
the Board to facilitate the retirement or resignation of any incumbent director and the replacement thereof with a new director, and (ii) the Company shall not decrease the size of the Board if such decrease would require the resignation of
either or both Investor Designees, in each case without the consent of the Investor Parties. 
 (i) The parties hereto agree that the
Investor Directors shall not be entitled to any cash or equity compensation from the Company in connection with their service as directors (and shall receive compensation, if any, for such service solely from Carlyle or one of its Affiliates);
provided that, notwithstanding the foregoing, the Investor Directors shall be entitled reimbursement from the Company for the reasonable out-of-pocket fees or
expenses incurred in connection with their service as directors in a manner consistent with the Company’s practices with respect reimbursement for other members of the Board, including reimbursement pursuant to customary indemnification
arrangements. 
 Section 5.11 Voting. Until the Fall-Away of Investor Board Rights: 

(a) at each meeting of the stockholders of the Company and at every postponement or adjournment thereof, the Investor Parties shall, and shall
cause the Investor Parties to, take such action as may be required so that all of the shares of Series A Preferred Stock or Common Stock beneficially owned, directly or indirectly, by the Investor Parties and entitled to vote at such meeting of
stockholders are voted (i) in favor of each director nominated and recommended by the Board for election at any such meeting, (ii) against any stockholder nominations for director which are not approved and recommended by the Board for
election at any such meeting, (iii) in favor of the Company’s “say-on-pay” proposal and any proposal by the Company relating to equity compensation
that has been approved by the Compensation Committee of the Board and (iv) in favor of the Company’s proposal for ratification of the appointment of the Company’s independent registered public accounting firm; provided that no
Investor Party shall be under any obligation to vote in the same manner as recommended by the Board or in any other manner, other than in the Investor Parties’ sole discretion, with respect to any other matter, including the approval (or non-approval) or adoption (or non-adoption) of, or other proposal directly related to, any merger or other business combination transaction involving the Company, the sale of
all or substantially all of the assets of the Company and its Subsidiaries or any other change of control transaction involving the Company; provided, further, that in the event that any proposal submitted by a stockholder is subject
to a vote of the Company’s stockholders, the Investor Parties shall not, and shall cause their controlled Affiliates not to, publicly comment on such proposal and if the Investor Parties intend to cause any Series A Preferred Stock or shares of
Common Stock that were issued upon conversion of shares of Series A Preferred Stock beneficially owned, directly or indirectly, by the Investor Parties in a manner that is not in accordance with the Board’s recommendation with respect to such
stockholder proposal, the Investor Parties shall not permit any such Series A Preferred Stock or shares of Common Stock that were issued upon conversion of shares of Series A Preferred Stock to be voted until the time of the relevant meeting of the
Company’s stockholders; and 

  
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 (b) the Investor shall, and shall (to the extent necessary to comply with this
Section 5.11) cause the Investor Parties to, be present, in person or by proxy, at all meetings of the stockholders of the Company so that all shares of Series A Preferred Stock or Common Stock beneficially owned by the
Investor or the Investor Parties may be counted for the purposes of determining the presence of a quorum and voted in accordance with Section 5.11(a) at such meetings (including at any adjournments or postponements
thereof). 
 (c) the provisions of Section 5.11(a) and 5.11(b) shall not apply to the exclusive consent and
voting rights of the holders of Series A Preferred Stock set forth in Section 13(b) and Section 14 of the Certificate of Designations. 

(d) the Company agrees at the 2020 annual meeting of the stockholders of the Company (the “Stockholder Meeting”) to include in
its proxy statement prepared and filed with the SEC (the “Proxy Statement”) a proposal to approve the issuance of shares of Common Stock to the Investor Parties in connection with any future conversion or redemption of the Series A
Preferred Stock into Common Stock and in connection with any issuance of Common Stock pursuant to, or upon conversion, exercise or exchange of, any securities issued pursuant to Section 5.16 that would absent such approval
violate Nasdaq Listing Rule 5635 (the “Stockholder Approval”). Subject to the directors’ fiduciary duties, the Proxy Statement shall include the Board’s recommendation that the stockholders vote in favor of the Stockholder
Approval. The Company shall use commercially reasonable efforts to solicit from the stockholders proxies in favor of the Stockholder Approval and to obtain the Stockholder Approval. The Investor and its Affiliates agree to furnish to the Company all
information concerning the Investor and its Affiliates as the Company may reasonably request in connection with any Stockholder Meeting. The Company shall respond reasonably promptly to any comments received from the SEC with respect to the Proxy
Statement, and the Company shall cause the Proxy Statement to be mailed to the Company’s stockholders at the earliest reasonably practicable date. The Company shall provide to the Investor, as promptly as reasonably practicable after receipt
thereof, any written comments from the SEC or any written request from the SEC or its staff for amendments or supplements to the Proxy Statement and shall provide the Investor with copies of all correspondence between the Company, on the one hand,
and the SEC and its staff, on the other hand, relating to the Proxy Statement. Notwithstanding anything to the contrary stated above, prior to filing or mailing the Proxy Statement (or, in each case, any amendment or supplement thereto) or
responding to any comments of the SEC or its staff with respect thereto, the Company shall provide the Investor Parties with a reasonable opportunity to review and comment on such document or response. 

Section 5.12 Tax Matters. (a) The Company and its paying agent shall be entitled to withhold Taxes on all payments on
the Series A Preferred Stock or Common Stock or other securities issued upon conversion of the Series A Preferred Stock to the extent required by applicable Law. Prior to the date of any such payment, each Investor Party shall have delivered to the
Company or its paying agent a duly executed, valid, accurate and properly completed Internal Revenue Service (“IRS”) Form W-9 or an appropriate IRS Form
W-8, as applicable. 

  
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 (b) Absent a change in law or IRS practice, or a contrary determination (as defined in
Section 1313(a) of the United States Internal Revenue Code of 1986, as amended (the “Code”)), the Investor Parties and the Company agree not to treat the Series A Preferred Stock (based on their terms as set forth in the
Certificate of Designations) as “preferred stock” within the meaning of Section 305 of the Code and Treasury Regulation Section 1.305-5 for United States federal income Tax and withholding
Tax purposes, and shall not take any position inconsistent with such treatment. 
 (c) The Company shall pay any and all documentary, stamp
and similar issue or transfer Tax due on (x) the issue of the Series A Preferred Stock and (y) the issue of shares of Common Stock upon conversion of the Series A Preferred Stock. However, in the case of conversion of Series A Preferred
Stock, the Company shall not be required to pay any Tax or duty that may be payable in respect of any transfer involved in the issue and delivery of shares of Common Stock or Series A Preferred Stock to a beneficial owner other than the beneficial
owner of the Series A Preferred Stock immediately prior to such conversion, and no such issue or delivery shall be made unless and until the person requesting such issue has paid to the Company the amount of any such Tax or duty, or has established
to the satisfaction of the Company that such Tax or duty has been paid. 
 Section 5.13 Use of Proceeds. The Company
shall use the proceeds from the issuance and sale of the Acquired Shares to (i) pay the purchase price in connection with the Acquisition, (ii) pay the fees, costs and expenses in connection with the Transactions, the Acquisition, the
Refinancing and the Debt Financing and (iii) effect the Refinancing. 
 Section 5.14 Carlyle.
(a) Notwithstanding anything to the contrary set forth in this Agreement, none of the terms or provisions of this Agreement (including, for the avoidance of doubt, Section 5.07 and
Section 5.08) shall in any way limit the activities of Carlyle or any of its Affiliates (collectively, the “Carlyle Group”), other than the Investor Parties, in their businesses distinct from the corporate
private equity business of Carlyle (the “Excluded Carlyle Parties”), so long as (a) no such Excluded Carlyle Party or any of its Representatives is acting on behalf of or in concert with any Investor Party with respect to any
matter that otherwise would violate any term or provision of this Agreement, (b) no Confidential Information is made directly available to any Excluded Carlyle Party or any of its Representatives who are not involved in the corporate private
equity business of Carlyle by or on behalf of any Investor Party or any of their Representatives, (c) such Excluded Carlyle Party and its Representatives who are not involved in the corproate private equity business of Carlyle have not
otherwise become involved in evaluating, monitoring or managing the Investor Parties’ investment in the Company and (d) the Company’s securities are included on Carlyle Group’s restricted securities or watch securities list
applicable to employees of the Carlyle Group. 
 (b) Each Investor Party and the Company agrees and acknowledges that, subject to applicable
Law, the Investor Directors designated by the Investor Parties may share Confidential Information about the Company and its Subsidiaries with the Investor Parties and their Affiliates. 

  
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 (c) The Investor Parties and the Company hereby agree, notwithstanding anything to the
contrary in any other agreement or at Law or in equity, that, to the maximum extent permitted by Law, when the Investor Parties takes any action under this Agreement to give or withhold their consent, the Investor Parties shall have no duty
(fiduciary or other) to consider the interests of the Company or the other stockholders of the Company and may act exclusively in their own interest and shall have only the duty to act in good faith; provided, however, that the foregoing
shall in no way affect the obligations of the parties hereto to comply with the provisions of this Agreement. For the avoidance of doubt, the foregoing sentence shall not limit or otherwise affect the fiduciary duties of the Investor Directors. 

Section 5.15 Information Rights. Following the Closing and prior to the Fall-Away of Investor Board Rights, in order to facilitate
(i) the Investor Parties’ compliance with legal and regulatory requirements applicable to the beneficial ownership by the Investor Parties and its Affiliates of equity securities of the Company and (ii) the Investor
Representative’s oversight of the Investor Parties’ investment in the Company, the Company agrees to provide each of the Investor Parties and the Investor Representative with the following: 

(a) within 90 days after the end of each fiscal year of the Company, (A) an audited, consolidated balance sheet of the Company and its
Subsidiaries as of the end of such fiscal year, (B) an audited, consolidated income statement of the Company and its Subsidiaries for such fiscal year and (C) an audited, consolidated statement of cash flows of the Company and its
Subsidiaries for such fiscal year; provided that this requirement shall be deemed to have been satisfied if on or prior to such date the Company files its annual report on Form 10-K for the applicable
fiscal year with the SEC; 
 (b) within 45 days after the end of each of the first three quarters of each fiscal year of the Company,
(A) an unaudited, consolidated balance sheet of the Company and its Subsidiaries as of the end of such fiscal quarter, (B) an unaudited, consolidated income statement of the Company and its Subsidiaries for such fiscal quarter and
(C) an unaudited, consolidated statement of cash flows of the Company and its Subsidiaries for such fiscal quarter; provided that this requirement shall be deemed to have been satisfied if on or prior to such date the Company files its
quarterly report on Form 10-Q for the applicable fiscal year with the SEC; 
 (c) reasonable access,
to the extent reasonably requested by the Investor Parties or the Investor Representative, to the offices and the properties of the Company and its Subsidiaries, including its and their books and records, and to discuss its and their affairs,
finances and accounts with its and their officers, all upon reasonable notice and at such reasonable times and as often as the Investor Parties and the Investor Representative may reasonably request; provided that any investigation pursuant
to this Section 5.15 shall be conducted in a manner as not to interfere unreasonably with the conduct of the business of the Company and its Subsidiaries; and 

(d) copies of all material, substantive materials provided to the Board at substantially the same time as provided to the directors of the
Company; 
 provided that the Company shall not be obligated to provide such access or materials if the Company determines, in its reasonable
judgment, that doing so could (i) violate or prejudice the rights of its customers, (ii) result in the disclosure of trade secrets or competitively sensitive information to third parties, (iii) materially violate applicable Law, an
applicable order or a 

  
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Contract or obligation of confidentiality owing to a third party, (iv) jeopardize the protection of an attorney-client privilege, attorney work product protection or other legal privilege,
(v) be materially adverse to the interests of the Company or any of its Subsidiaries in any pending or threatened Action or (vi) expose the Company to risk of liability for disclosure of personal information. In addition, notwithstanding
anything to the contrary contained herein, neither the Company nor any of its Subsidiaries will be required to provide any information or material that relate to, contain or reflect any analyses, studies, notes, memoranda and other information
related to or prepared in connection with any Transaction Document or the Transactions or any matters relating thereto or any transactions with or matters relating to the Investor Parties or any Investor Affiliates. 

Section 5.16 Participation. 

(a) For the purposes of this Section 5.16, “Excluded Issuance” shall mean (i) the
issuance of any shares of equity securities that is subject to Section 11 of the Certificate of Designations, but solely to the extent than an adjustment is made or the holders of Series A Preferred Stock participate in such issuance pursuant
to Section 11 of the Certificate of Designations, (ii) the issuance of shares of any equity securities (including upon exercise of options) to directors, officers, employees, consultants or other agents of the Company as approved by the
Board, (iii) the issuance of shares of any equity securities pursuant to an employee stock option plan, management incentive plan, restricted stock plan, stock purchase plan or stock, ownership plan or similar benefit plan, program or agreement
as approved by the Board, (iv) the issuance of shares of equity securities in connection with any “business combination” (as defined in the rules and regulations promulgated by the SEC) or otherwise in connection with bona fide
acquisitions of securities or substantially all of the assets of another Person, business unit, division or business, (v) the issuances of shares of equity securities in connection with a bona fide strategic partnership or commercial
arrangement with a Person that is not an Affiliate of the Company or any of its Subsidiaries (other than (x) any such strategic partnership or commercial arrangement with a private equity firm or similar financial institution or (y) an
issuance the primary purpose of which is the provision of financing), (vi) securities issued pursuant to the conversion, exercise or exchange of Series A Preferred Stock issued to the Investor Parties, (vii) shares of a Subsidiary of the
Company issued to the Company or a wholly owned Subsidiary of the Company, (viii) securities of a joint venture (provided that no Affiliate (other than any Subsidiary of the Company) of the Company acquires any interest in such securities in
connection with such issuance) or (ix) the issuance of shares of equity securities to a third party financial institution in connection with a bona fide borrowing by the Company. 

(b) Until the later of (A) the occurrence of the Fall-Away of Investor Board Rights and (B) the three-year anniversary of the Closing
Date, if the Company or a Subsidiary of the Company proposes to issue equity securities of any kind (the term “equity securities” shall include for these purposes Common Stock and any warrants, options or other rights to acquire, or any
securities that are exercisable for, exchangeable for or convertible into, Common Stock or any other class of capital stock of the Company), other than in an Excluded Issuance, then the Company shall: 

  
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 (i) to the extent reasonably practicable, consult with the Investor Parties
reasonably in advance of undertaking such issuance and, if and only if an Investor Party notifies the Company within five (5) Business Days following such consultation of its preliminary interest in receiving an offer to participate in such
issuance or, if the Company reasonably expects such offer to be made in less than five (5) Business Days, such shorter period which shall be as long as commercially practicable (which indication shall not be binding upon such Investor Party),
the Company will give written notice to the Investor Parties no less than seven (7) Business Days prior to the closing of such issuance or, if the Company reasonably expects such issuance to be completed in less than seven (7) Business
Days, such shorter period which shall be as long as commercially practicable, setting forth in reasonable detail (A) the designation and all of the terms and provisions of the securities proposed to be issued (the “Proposed
Securities”), including, to the extent applicable, the voting powers, preferences and relative participating, optional or other special rights, and the qualification, limitations or restrictions thereof and interest rate and maturity;
(B) the price and other terms of the proposed sale of such securities; and (C) the amount of such securities proposed to be issued; provided that following the delivery of such notice, the Company shall deliver to the Investor
Parties any such information the Investor Parties may reasonably request in order to evaluate the proposed issuance, except that the Company shall not be required to deliver any information that has not been or will not be provided or otherwise made
available to the proposed purchasers of the Proposed Securities; and 
 (ii) offer to issue and sell to the Investor Parties,
on such terms as the Proposed Securities are issued and upon full payment by the Investor Parties, a portion of the Proposed Securities equal to a percentage determined by dividing (A) the number of shares of Common Stock the Investor Parties
beneficially own (on an as converted basis) by (B) the total number of shares of Common Stock then outstanding (on an as-converted basis) (such percentage, an Investor Party’s “Participation
Portion”); provided, however, that, subject to compliance with the terms and conditions set forth in Section 5.16(g), the Company shall not be required to offer to issue or sell to the Investor
Parties (or to any of them) the portion of the Proposed Securities that would require the Company to obtain stockholder approval in respect of the issuance of any Proposed Securities under the listing rules of NASDAQ or any other securities exchange
or any other applicable Law (provided, further, however, that the Company shall still be obligated to provide written notice of such proposed issuance to the Investor Parties pursuant to
Section 5.16(b)(i), which notice shall include a description of the Proposed Securities (including the number thereof) that would require stockholder approval in respect of the issuance thereof (the “Restricted
Issuance Information”)). 
 (c) The Investor Representative will have the option, on behalf of the applicable Investor Parties,
exercisable by written notice to the Company, to accept the Company’s offer and commit to purchase any or all of the equity securities offered to be sold by the Company to the Investor Parties, which notice must be given within seven
(7) Business Days after receipt of such notice from the Company (or such shorter period if the notice by the Company was sent in accordance with the preceding paragraph less than seven (7) Business Days prior to the proposed issuance date,
and in no event less than two (2) Business Days). If the Company offers two (2) or more securities in units to the other participants in the offering, the Investor Parties must purchase such units as a whole and will not be given the
opportunity to purchase only one (1) of the securities making up such unit. The closing of the exercise of such subscription right shall 

  
 40 

 
take place simultaneously with the closing of the sale of the Proposed Securities giving rise to such subscription right; provided, however, that the closing of any purchase by any
such Investor Party may be extended beyond the closing of the sale of the Proposed Securities giving rise to such preemptive right to the extent necessary to (i) obtain required approvals from any Governmental Authority or (ii) permit the
Investor Parties to receive proceeds from calling capital pursuant to commitments made by its (or its affiliated investment funds’) limited partners. Upon the expiration of the offering period described above, the Company will be free to sell
such Proposed Securities that the Investor Parties have not elected to purchase during the 90 days following such expiration on terms and conditions no more favorable to the purchasers thereof than those offered to the Investor Parties in the notice
delivered in accordance with Section 5.16(b). Any Proposed Securities offered or sold by the Company after such 90-day period must be reoffered to issue or sell to the Investor Parties pursuant to this
Section 5.16; provided that, subject to compliance with the terms and conditions set forth in Section 5.16(g), the Company shall not be required to reoffer to the Investor Parties (or to any
of them) the portion of the Proposed Securities that would require the Company to obtain stockholder approval in respect of the issuance of any Proposed Securities under the listing rules of NASDAQ or any other securities exchange or any applicable
Law. 
 (d) The election by any Investor Party not to exercise its subscription rights under this
Section 5.16 in any one instance shall not affect their right as to any subsequent proposed issuance. 
 (e)
Notwithstanding anything in this Section 5.16 to the contrary, the Company will not be deemed to have breached this Section 5.16 if not later than thirty (30) Business Days following the
issuance of any Proposed Securities in contravention of this Section 5.16, the Company or the transferee of such Proposed Securities offers to sell a portion of such equity securities or additional equity securities of the
type(s) in question to each Investor Party so that, taking into account such previously-issued Proposed Securities and any such additional Proposed Securities, each Investor Party will have had the right to purchase or subscribe for Proposed
Securities in a manner consistent with the allocation and other terms and upon same economic and other terms provided for in Sections 5.16(b) and 5.16(c). 

(f) In the case of an issuance subject to this Section 5.16 for consideration in whole or in part other than cash,
including securities acquired in exchange therefor (other than securities by their terms so exchangeable), the consideration other than cash shall be deemed to be the Fair Market Value thereof. 

(g) In the event that the Company is not required to offer or reoffer to the Investor Parties any Proposed Securities because such issuance
would require the Company to obtain stockholder approval in respect of the issuance of any Proposed Securities under the listing rules of NASDAQ or any other securities exchange or any other applicable Law, the Company shall, upon the Investor
Parties’ reasonable request delivered to the Company in writing within no later than seven (7) Business Days following its receipt of the written notice of such issuance to the Investor Parties pursuant to
Section 5.16(b)(i) (together with the Restricted Issuance Information), at the Investor Parties’ election: 

  
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 (i) waive the restrictions set forth in
Section 5.07(a) solely to the extent necessary to permit any Investor Party to acquire such number of securities of the Company (including Common Stock) equivalent to its Participation Portion of the Proposed Securities
such Investor Party would have been entitled to purchase had it been in entitled to acquire such Proposed Securities pursuant to Section 5.16(c) (provided, that such request by Investor Parties shall not be deemed to
be a violation of Section 5.07(j)); 
 (ii) consider and discuss in good faith modifications
proposed by the Investor Parties to the terms and conditions of such portion of the Proposed Securities which would otherwise be issued to the Investor Parties such that the Company would not be required to obtain stockholder approval in respect of
the issuance of such Proposed Securities as so modified; and/or 
 (iii) solely to the extent that stockholder approval is
required in connection with the issuance of equity securities to Persons other than the Investor Parties, take such actions as may be reasonably necessary to seek stockholder approval in respect of the issuance of any Proposed Securities to the
Investor Parties. 
 Section 5.17 Section 16 Matters. If the Company becomes a party to a consolidation, merger or other similar
transaction, or if the Company proposes to take or omit to take any other action under Section 5.16 (including granting to the Investor or its Affiliates the right to participate in any issuance of securities) or otherwise or if there is any
event or circumstance that may result in the Investor Parties, their respective Affiliates and/or any Investor Director being deemed to have made a disposition or acquisition of equity securities of the Company or derivatives thereof for purposes of
Section 16 of the Exchange Act (including the purchase by the Investor Parties of any securities under Section 5.16), and if any Investor Director is serving on the Board at such time or has served on the Board during the preceding six
months (i) the Board or a committee thereof composed solely of two or more “non-employee directors” as defined in Rule 16b-3 of the Exchange Act will pre-approve such acquisition or disposition of equity securities of the Company or derivatives thereof for the express purpose of exempting the Investor Parties’, their respective Affiliates’ and any
Investor Director’s interests (for the Investor and/or their respective Affiliates, to the extent such persons may be deemed to be “directors by deputization”) in such transaction from Section 16(b) of the Exchange Act pursuant
to Rule 16b-3 thereunder and (ii) if the transaction involves (A) a merger or consolidation to which the Company is a party and the Common Stock is, in whole or in part, converted into or exchanged
for equity securities of a different issuer, (B) a potential acquisition or deemed acquisition, or disposition or deemed disposition, by the Investor Parties, the Investor’s Affiliates, and/or any Investor Director of equity securities of
such other issuer or derivatives thereof and (C) an Affiliate or other designee of the Investor Parties or their Affiliates will serve on the board of directors (or its equivalent) of such other issuer pursuant to the terms of an agreement to
which the Company is a party (or if the Investor Parties notify the Company of such service a reasonable time in advance of the closing of such transactions), then if the Company requires that the other issuer
pre-approve any acquisition of equity securities or derivatives thereof for the express purpose of exempting the interests of any director or officer of the Company or any of its subsidiaries in such
transactions from Section 16(b) of the Exchange Act pursuant to Rule 16b-3 thereunder, the Company shall require that such other issuer pre-approve any such
acquisitions of equity securities or derivatives thereof for the express purpose 

  
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of exempting the interests of the Investor Parties’, their respective Affiliates’ and any Investor Director (for the Investor Parties and/or their respective Affiliates, to the extent
such persons may be deemed to be “directors by deputization” of such other issuer) in such transactions from Section 16(b) of the Exchange Act pursuant to Rule 16b-3 thereunder. 

Section 5.18 Financing Cooperation. If requested by the Investor Parties, the Company will provide the following cooperation in
connection with the Investor Parties obtaining any Permitted Loan: (i) entering into an issuer agreement (an “Issuer Agreement”) with each lender in customary form in connection with such transactions (which agreement may
include, without limitation, agreements and obligations of the Company relating to procedures and specified time periods for effecting transfers and/or conversions upon foreclosure, agreements to not hinder or delay exercises of remedies on
foreclosure, acknowledgments regarding corporate policy, if applicable, and certain acknowledgments regarding securities law status of the pledge arrangements) and subject to the consent of the Company (which will not be unreasonably withheld or
delayed), with such changes thereto as are requested by such lender and customary for similar financings, (ii) using commercially reasonable efforts to (A) remove any restrictive legends on certificates representing pledged Series A
Preferred Stock and depositing such pledged Series A Preferred Stock in book entry form on the books of The Depository Trust Company when eligible to do so or (B) without limiting the generality of clause (A), if such Series A Preferred Stock
is eligible for resale under Rule 144A, depositing such pledged Series A Preferred Stock in book entry form on the books of The Depository Trust Company or other depository with customary restrictive legends, (iii) if so requested by such
lender or counterparty, as applicable, re-registering the pledged Series A Preferred Stock in the name of the relevant lender, counterparty, custodian or similar party to a Permitted Loan, with respect to
Permitted Loans solely as securities intermediary and only to the extent an Investor Party or its Affiliates continues to beneficially own such pledged Series A Preferred Stock, (iv) entering into customary triparty agreements with each lender
and the Investor Parties relating to the delivery of the Series A Preferred Stock to the relevant lender for crediting to the relevant collateral accounts upon funding of the loan and payment of the purchase price including a right for such lender
as a third party beneficiary of the Company’s obligations under hereunder to issue the Series A Preferred Stock upon payment of the purchase therefor in accordance with the terms of this Agreement and (v) such other cooperation and
assistance as the Investor Parties may reasonably request (which cooperation and assistance, for the avoidance of doubt, shall not include any requirements that the Company deliver information, compliance certificates or any other materials
typically provided by borrowers to lenders) that will not unreasonably disrupt the operation of the Company’s business. Anything in the preceding sentence to the contrary notwithstanding, the Company’s obligation to deliver an Issuer
Agreement is conditioned on (x) the Investor Parties delivering to the Company a copy of the loan agreement for the Permitted Loan to which the Issuer Agreement relates and (y) the Investor certifying to the Company in writing that
(A) the loan agreement with respect to which the Issuer Agreement is being delivered constitutes a Permitted Loan being entered into in accordance with this Agreement, the Investor has pledged the Series A Preferred Stock and/or the underlying
shares of Common Stock as collateral to the lenders under such Permitted Loan and that the execution of such Permitted Loan and the terms thereof do not violate the terms of this Agreement, (B) to the extent applicable, whether the registration
rights under the Registration Rights Agreement are being assigned to the lenders under that Permitted Loan and (C) the Investor Parties acknowledge and agree that the Company will be relying on such certificate when entering into

  
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the Issuer Agreement and any inaccuracy in such certificate will be deemed a breach of this Agreement. The Investor Parties acknowledge and agree that the statements and agreements of the Company
in an Issuer Agreement are solely for the benefit of the applicable lenders party thereto and that in any dispute between the Company and the Investor Parties under this Agreement the Investor Parties shall not be entitled to use the statements and
agreements of the Company in an Issuer Agreement against the Company. 
 Section 5.19 Available Registration Statement. 

(a) The Company will not effect a Mandatory Conversion (as defined in the Certificate of Designations) if any Investor Party holds or would
hold upon such Mandatory Conversion (or any earlier conversion following the dates of the Notice of Mandatory Conversion (as defined in the Certificate of Designations)) shares of Common Stock that are Registrable Securities unless as of the date of
Notice of Mandatory Conversion and as of the Mandatory Conversion Date (as defined in the Certificate of Designations) there is an Available Registration Statement covering resale of such shares of Common Stock by the Investor Parties. 

(b) The Company will not effect Combination Settlement with respect to any redemption pursuant to Article 10 of the Certificate of Designations
if any Investor Party holds or would hold upon such redemption shares of Common Stock that are Registrable Securities unless as of the Designated Redemption Date (as defined in the Certificate of Designations) (and, if different, the actual
redemption date) there is an Available Registration Statement covering resale of such shares of Common Stock by the Investor Parties. 

ARTICLE VI 
 Conditions to
Closing 
 Section 6.01 Conditions to the Obligations of the Company and the Investor. The respective
obligations of each of the Company and the Investor to effect the Closing shall be subject to the satisfaction (or waiver, if permissible under applicable Law) on or prior to the Closing Date of the following conditions: 

(a) no temporary or permanent Judgment shall have been enacted, promulgated, issued, entered, amended or enforced by any Governmental Authority
nor shall any proceeding brought by a Governmental Authority seeking any of the foregoing be pending, or any applicable Law shall be in effect enjoining or otherwise prohibiting consummation of the Transactions (collectively,
“Restraints”); and 
 (b) the waiting period (and any extension thereof) applicable to the consummation of Transactions
under the HSR Act shall have expired or early termination thereof shall have been granted. 
 Section 6.02 Conditions to the
Obligations of the Company. The obligations of the Company to effect the Closing shall be further subject to the satisfaction (or waiver, if permissible under applicable Law) on or prior to the Closing Date of the following conditions:

  
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 (a) the representations and warranties of the Investor set forth in this Agreement shall be
true and correct in all material respects as of the Closing Date with the same effect as though made as of the Closing Date (except to the extent expressly made as of an earlier date, in which case as of such earlier date); 

(b) the Investor shall have complied with or performed in all material respects its obligations required to be complied with or performed by it
pursuant to this Agreement at or prior to the Closing; 
 (c) the Company shall have received a certificate, signed on behalf of the Investor
by an executive officer thereof, certifying that the conditions set forth in Section 6.02(a) and Section 6.02(b) have been satisfied; and 

Section 6.03 Conditions to the Obligations of the Investor. The obligations of the Investor to effect the Closing
shall be further subject to the satisfaction (or waiver, if permissible under applicable Law) on or prior to the Closing Date of the following conditions: 

(a) The Acquisition, Debt Financing and Refinancing shall have been consummated or, substantially concurrently with Closing, shall be
consummated, in all material respects in accordance with the terms of the Acquisition Agreement (whether, for the avoidance of doubt, by means of a “Scheme” or a “Takeover Offer” (in either case, as defined in the Acquisition
Agreement in effect on the date hereof), and provided that for purposes of the foregoing, an Acquisition effected by means of a Takeover Offer shall be deemed to occur upon the Takeover Offer having been declared or become unconditional in all
respects with respect to at least 90% of the Target’s equity interests) or Debt Commitment Letter, as applicable, without giving effect to any modifications, amendments, consents or waivers thereto that, taken together, are material and adverse
to the Investor without the prior consent of the Investor (which consent shall not be unreasonably withheld, delayed or conditioned), it being understood that (i) any change to the definition of Company Material Adverse Effect contained in the
Acquisition Agreement shall be deemed to be material and adverse to the Investor and (ii) any amendment to the Acquisition Agreement to provide for a Takeover Offer shall not be deemed to be material and adverse to the Investor, provided that
any such amendment(s) is in accordance with paragraph 3 of Schedule 1 of the Acquisition Agreement; 
 (b) Since the date of the Acquisition
Agreement to the Effective Time (as defined in the Acquisition Agreement), there shall not have occurred any Effect (as defined in the Acquisition Agreement) that has had or is reasonably likely to have, individually or in the aggregate, a Company
Material Adverse Effect (as defined in the Acquisition Agreement); 
 (c) the representations and warranties of the Company set forth in
Sections 3.01, 3.02, 3.03, 3.10, 3.11, 3.12 and 3.14 shall be true and correct in all material respects as of the Closing Date with the same effect as though made as of the Closing Date (except to the
extent expressly made as of an earlier date, in which case as of such earlier date); 
 (d) the Company shall have complied with or performed
in all material respects its obligations required to be complied with or performed by it pursuant to this Agreement at or prior to the Closing; 

  
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 (e) the Investor shall have received a certificate, signed on behalf of the Company by an
executive officer thereof, certifying that the conditions set forth in Section 6.03(a), 6.03(b) (to the Company’s Knowledge), 6.03(c) and 6.03(d) have been satisfied; 

(f) the Company shall have duly adopted and filed with the Secretary of State of the State of Delaware the Certificate of Designations, and a
certified copy thereof shall have been delivered to the Investor; 
 (g) only to the extent that the Initial Investor Director Designees
have been designated at least ten (10) Business Days prior to the Closing, the Board shall have taken all actions necessary and appropriate to cause to be elected or appointed to the Board, effective immediately upon the Closing, the Initial
Investor Director Designees; and 
 (h) any shares of Common Stock issuable upon conversion of the Series A Preferred Stock (other than any
additional shares of Series A Preferred Stock that may be issued as dividends in kind) at the Conversion Rate specified in the Certificate of Designations as in effect on the date hereof shall have been approved for listing on NASDAQ, subject to
official notice of issuance. 
 ARTICLE VII 

Termination; Survival 

Section 7.01 Termination. This Agreement may be terminated and the Transactions abandoned at any time prior to the Closing:

 (a) by the mutual written consent of the Company and the Investor; 

(b) by either the Company or the Investor upon written notice to the other, if the Closing should not have occurred on or prior to the date
that is five business days (as defined in the Acquisition Agreement) after the Long Stop Termination Date (as defined in the Acquisition Agreement as in effect on the date hereof and as may be extended in accordance with the Acquisition Agreement)
(the “Termination Date”); provided that the right to terminate this Agreement under this Section 7.01(b) shall not be available to any party if the breach by such party of its representations and
warranties set forth in this Agreement or the failure of such party to perform any of its obligations under this Agreement has been a principal cause of or primarily resulted in the events specified in this Section 7.01(b);

 (c) by either the Company or the Investor if any Restraint enjoining or otherwise prohibiting consummation of the Transactions shall be in
effect and shall have become final and nonappealable prior to the Closing Date; provided that the party seeking to terminate this Agreement pursuant to this Section 7.01(c) shall have used the required efforts to
cause the conditions to Closing to be satisfied in accordance with Section 5.02; 
 (d) by the Investor if the
Company shall have breached any of its representations or warranties or failed to perform any of its covenants or agreements set forth in this Agreement, which breach or failure to perform (i) would give rise to the failure of a condition set
forth in Section 6.03(c) or Section 6.03(d) and (ii) is incapable of being cured prior 

  
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to the Termination Date, or if capable of being cured, shall not have been cured within thirty (30) calendar days (but in no event later than the Termination Date) following receipt by the
Company of written notice of such breach or failure to perform from the Investor stating the Investor’s intention to terminate this Agreement pursuant to this Section 7.01(d) and the basis for such termination;
provided that the Investor shall not have the right to terminate this Agreement pursuant to this Section 7.01(d) if the Investor are then in material breach of any of their representations, warranties, covenants or
agreements hereunder which breach would give rise to the failure of a condition set forth in Section 6.02(a) or Section 6.02(b); or 

(e) by the Company if the Investor shall have breached any of its representations or warranties or failed to perform any of its covenants or
agreements set forth in this Agreement, which breach or failure to perform (i) would give rise to the failure of a condition set forth in Section 6.02(a) or Section 6.02(b) and (ii) is
incapable of being cured prior to the Termination Date, or if capable of being cured, shall not have been cured within thirty (30) calendar days (but in no event later than the Termination Date) following receipt by the Investor of written
notice of such breach or failure to perform from the Company stating the Company’s intention to terminate this Agreement pursuant to this Section 7.01(e) and the basis for such termination; provided that the
Company shall not have the right to terminate this Agreement pursuant to this Section 7.01(e) if the Company is then in material breach of any of its representations, warranties, covenants or agreements hereunder which
breach would give rise to the failure of a condition set forth in Section 6.03(c) or Section 6.03(d). 

Section 7.02 Effect of Termination. In the event of the termination of this Agreement as provided in
Section 7.01, written notice thereof shall be given to the other party, specifying the provision hereof pursuant to which such termination is made, and this Agreement shall forthwith become null and void (other than
Section 5.05, this Section 7.02 and Article VIII, all of which shall survive termination of this Agreement and the Confidentiality Agreement (which shall survive in accordance with its terms
except as otherwise provided herein)), and there shall be no liability on the part of the Investor or the Company or their respective directors, officers and Affiliates in connection with this Agreement, except that no such termination shall
relieve any party from liability for damages to another party resulting from a willful and material breach of this Agreement prior to the date of termination or from fraud; provided that, notwithstanding any other provision set forth in this
Agreement, except in the case of fraud, neither the Investor on the one hand, nor the Company on the other hand, shall have any such liability in excess of the Purchase Price. 

Section 7.03 Survival. All of the covenants or other agreements of the parties contained in this Agreement shall survive
until fully performed or fulfilled, unless and to the extent that non-compliance with such covenants or agreements is waived in writing by the party entitled to such performance. Except for the warranties and
representations contained in Sections 3.01, 3.02(a), 3.03(a), 3.10, 3.11, 3.12 and 3.14 and the representations and warranties contained in Article IV, which shall survive until the sixth (6th)
anniversary of the Closing Date, the representations and warranties made herein shall survive for twelve (12) months following the Closing Date and shall then expire; provided that nothing herein shall relieve any party of liability for
any inaccuracy or breach of such representation or warranty to the extent that any good faith allegation of such inaccuracy or breach is made in writing prior to such expiration by a Person entitled to make such claim pursuant to the terms and
conditions of this Agreement. For the avoidance of doubt, claims may be made with respect to the breach of any representation, warranty or covenant until the applicable survival period therefor as described above expires. 

  
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 ARTICLE VIII 

Miscellaneous 

Section 8.01 Amendments; Waivers. Subject to compliance with applicable Law, this Agreement may be amended or supplemented
in any and all respects only by written agreement of the parties hereto. 
 Section 8.02 Extension of Time, Waiver, Etc. The
Company and the Investor may, subject to applicable Law, (a) waive any inaccuracies in the representations and warranties of the other party contained herein or in any document delivered pursuant hereto, (b) extend the time for the
performance of any of the obligations or acts of the other party or (c) waive compliance by the other party with any of the agreements contained herein applicable to such party or, except as otherwise provided herein, waive any of such
party’s conditions. Notwithstanding the foregoing, no failure or delay by the Company or an Investor Party in exercising any right hereunder shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other
or further exercise thereof or the exercise of any other right hereunder. Any agreement on the part of a party hereto to any such extension or waiver shall be valid only if set forth in an instrument in writing signed on behalf of such party. 

Section 8.03 Assignment. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be
assigned, in whole or in part, by operation of Law or otherwise, by any of the parties hereto without the prior written consent of the other party hereto; provided, however, that (a) the Investor or any Investor Party may assign
its rights, interests and obligations under this Agreement, in whole or in part, to one or more Permitted Transferees, including as contemplated in Section 5.08 and (b) in the event of such assignment, the assignee
shall agree in writing to be bound by the provisions of this Agreement, including the rights, interests and obligations so assigned; provided that no such assignment will relieve any Investor Party of its obligations hereunder prior to the
Closing; provided, further, that no party hereto shall assign any of its obligations hereunder with the primary intent of avoiding, circumventing or eliminating such party’s obligations hereunder. Subject to the immediately
preceding sentence, this Agreement shall be binding upon, inure to the benefit of, and be enforceable by, the parties hereto and their respective successors and permitted assigns. 

Section 8.04 Counterparts. This Agreement may be executed in one or more counterparts (including by facsimile or electronic
mail), each of which shall be deemed to be an original but all of which taken together shall constitute one and the same agreement, and shall become effective when one or more counterparts have been signed by each of the parties hereto and delivered
to the other parties hereto. 
 Section 8.05 Entire Agreement; No Third-Party Beneficiaries; No Recourse.
(a) This Agreement, including the Company Disclosure Letter, together with the Confidentiality Agreement, the Registration Rights Agreement, Equity Commitment Letter and the Certificate of Designations, constitutes the entire agreement, and
supersedes all other prior agreements and understandings, both written and oral, among the parties and their Affiliates, or any of them, with respect to the subject matter hereof and thereof. 

  
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 (b) No provision of this Agreement shall confer upon any Person other than the parties
hereto and their permitted assigns any rights or remedies hereunder. This Agreement may only be enforced against, and any claims or causes of action that may be based upon, arise out of or relate to this Agreement, or the negotiation, execution or
performance of this Agreement may only be made against the entities that are expressly identified as parties hereto, including entities that become parties hereto after the date hereof or that agree in writing for the benefit of the Company to be
bound by the terms of this Agreement applicable to the Investor Parties, and no former, current or future equityholders, controlling persons, directors, officers, employees, agents, successors, assigns or Affiliates of any party hereto or any
former, current or future equityholder, controlling person, director, officer, employee, general or limited partner, member, manager, advisor, agent successors, assigns or Affiliate of any of the foregoing (each, a “Non-Recourse Party”) shall have any liability for any obligations or liabilities of the parties to this Agreement or for any claim (whether in tort, contract or otherwise) based on, in respect of, or by
reason of, the transactions contemplated hereby or in respect of any representations made or alleged to be made in connection herewith, and no personal liability shall attach to, be imposed upon or otherwise be incurred by the Non-Recourse Parties through the Investor or otherwise, whether by or through attempted piercing of the corporate (or partnership or limited liability company) veil, by the enforcement of any assessment or by any
legal or equitable proceeding, by virtue of any statute, regulation or applicable law, or otherwise, except for the Company’s rights against Carlyle Investment Management, L.L.C. under the Confidentiality Agreement. Without limiting the rights
of any party against the other parties hereto, in no event shall any party or any of its Affiliates seek to enforce this Agreement against, make any claims for breach of this Agreement against, or seek to recover monetary damages from, any Non-Recourse Party. The Company hereby covenants and agrees that it shall not institute, and shall cause each of its Affiliates not to, and shall make adequate provision such that their respective successors and
assigns shall not, institute, directly or indirectly, any proceeding or bring any other claim arising under, or in connection with Investment Agreement or the Equity Commitment Letter, or the transactions contemplated hereby or thereby, against the
Sponsor or any of the Non-Recourse Parties, except for Retained Claims (as defined in the Equity Commitment Letter), except to the extent they become parties thereto after the date hereof or agree in writing
for the benefit of the Company to be bound by the terms of this Agreement applicable to the Investor Parties. 
 Section 8.06
Governing Law; Jurisdiction. (a) This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware applicable to contracts executed in and to be performed entirely within that State,
regardless of the laws that might otherwise govern under any applicable conflict of Laws principles. 
 (b) All Actions arising out of or
relating to this Agreement shall be heard and determined in the Chancery Court of the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction over any Action, any state or federal court within the State
of Delaware) and the parties hereto hereby irrevocably submit to the exclusive jurisdiction and venue of such courts in any such Action and irrevocably waive the defense of an inconvenient forum or lack of jurisdiction to the maintenance of any such
Action. The consents 

  
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to jurisdiction and venue set forth in this Section 8.06 shall not constitute general consents to service of process in the State of Delaware and shall have no effect
for any purpose except as provided in this paragraph and shall not be deemed to confer rights on any Person other than the parties hereto. Each party hereto agrees that service of process upon such party in any Action arising out of or relating to
this Agreement shall be effective if notice is given by overnight courier at the address set forth in Section 8.09 of this Agreement. The parties hereto agree that a final judgment in any such Action shall be conclusive and
may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by applicable Law; provided, however, that nothing in the foregoing shall restrict any party’s rights to seek any post-judgment relief
regarding, or any appeal from, a final trial court judgment. 
 Section 8.07 Specific Enforcement. The parties hereto
agree that irreparable damage for which monetary relief, even if available, would not be an adequate remedy, would occur in the event that any provision of this Agreement is not performed in accordance with its specific terms or is otherwise
breached, including if the parties hereto fail to take any action required of them hereunder to cause the Closing to occur. The parties acknowledge and agree that (a) the parties shall be entitled to an injunction or injunctions, specific
performance or other equitable relief to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof (including, for the avoidance of doubt, the right of the Company to cause the Equity Financing to be funded (to
the extent expressly provided in Section 8.05 or this Section 8.07) and the Purchase to be consummated on the terms and subject to the conditions set forth in this Agreement) in the courts described in
Section 8.06 without proof of damages or otherwise (in each case, subject to the terms and conditions of this Section 8.07), this being in addition to any other remedy to which they are entitled
under this Agreement and (b) the right of specific enforcement is an integral part of the Transactions and without that right, neither the Company nor the Investor would have entered into this Agreement. The parties hereto agree not to assert
that a remedy of specific enforcement is unenforceable, invalid, contrary to Law or inequitable for any reason, and agree not to assert that a remedy of monetary damages would provide an adequate remedy or that the parties otherwise have an adequate
remedy at law. The parties hereto acknowledge and agree that any party seeking an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement in accordance with this
Section 8.07 shall not be required to provide any bond or other security in connection with any such order or injunction. Notwithstanding anything to the contrary herein, it is explicitly agreed that the right of the
Company to seek specific performance or other equitable remedies to enforce Investor’s obligation to cause the Equity Financing to be funded and/or to cause the Investor to consummate the Closing shall be subject to the requirements that
(i) all of the conditions to Closing set forth in Sections 6.01 and 6.03 were satisfied (other than those conditions that by their terms are to be satisfied at Closing, but subject to those conditions being capable of being
satisfied at such time if specific performance or other equitable relief was granted pursuant to this Section 8.07)) at the time when the Closing would have been required to occur in accordance with Section 2.02 and
(ii) the Company has irrevocably confirmed in writing to the Investor that the Company stands ready, willing and able for the Closing to occur if specific performance or other equitable relief is granted and, if the Equity Financing, Debt
Financing and Refinancing is funded, then the Closing will occur. 

  
 50 

 Section 8.08 WAIVER OF JURY TRIAL. EACH PARTY ACKNOWLEDGES AND AGREES
THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE
TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT AND ANY OF THE AGREEMENTS DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. EACH PARTY CERTIFIES
AND ACKNOWLEDGES THAT (A) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (B) IT
UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF SUCH WAIVER, (C) IT MAKES SUCH WAIVER VOLUNTARILY AND (D) IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVER AND CERTIFICATIONS IN THIS
SECTION 8.08. 
 Section 8.09 Notices. All notices, requests and other communications to any
party hereunder shall be in writing and shall be deemed given if delivered personally, by facsimile (which is confirmed), emailed (which is confirmed) or sent by overnight courier (providing proof of delivery) to the parties at the following
addresses: 
 (a) If to the Company, to it at: 

CommScope Holding Company, Inc. 

1100 CommScope Place, SE 

Hickory, North Carolina 28602 

Attention: General Counsel 

Email: fbwyatt@commscope.com 

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

Cravath, Swaine & Moore LLP 

Worldwide Plaza 
 825 Eighth
Avenue 
 New York, NY 10019 

Attention:      O. Keith Hallam, III, Esq. 

                      Jenny
Hochenberg, Esq. 
 Facsimile:    
212-474-3700 

Email:           khallam@cravath.com 

            jhochenberg@cravath.com 

  
 51 

 (b) If to the Investor or any Investor Party at: 

Carlyle Partners VII S1 Holdings, L.P. 

c/o The Carlyle Group 
 1001
Pennsylvania Avenue, NW 
 Washington, DC 20004-2505 

Attention:         Cam Dyer 

                       
  Michael Clifton 
 Facsimile:    
   202-347-1818 

Email:              Cam.Dyer@carlyle.com 

    Michael.Clifton@carlyle.com 

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

Simpson Thacher & Bartlett LLP 

900 G Street, NW 
 Washington,
D.C. 20001 
 Attention:             Jonathan L. Corsico, Esq. 

                       
               Daniel N. Webb, Esq. 

Facsimile:        
  202-636-5502 

Email:                 jonathan.corsico@stblaw.com 

                       
              DWebb@stblaw.com 
 or such other address, email address or facsimile
number as such party may hereafter specify by like notice to the other parties hereto. All such notices, requests and other communications shall be deemed received on the date of actual receipt by the recipient thereof if received prior to
5:00 p.m. local time in the place of receipt and such day is a Business Day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed not to have been received until the next succeeding Business Day in the
place of receipt. 
 Section 8.10 Severability. If any term, condition or other provision of this Agreement is determined
by a court of competent jurisdiction to be invalid, illegal or incapable of being enforced by any rule of Law or public policy, all other terms, provisions and conditions of this Agreement shall nevertheless remain in full force and effect. Upon
such determination that any term, condition or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as
closely as possible to the fullest extent permitted by applicable Law. 
 Section 8.11 Expenses. Except as otherwise
expressly provided herein, all costs and expenses, including fees and disbursements of counsel, financial advisors and accountants, incurred in connection with this Agreement and the Transactions shall be paid by the party incurring such costs and
expenses, whether or not the Closing shall have occurred; provided that the Company shall, at or following the Closing, reimburse the Investor for its and its Affiliates’ reasonable and documented out-of-pocket third-party costs and expenses incurred in connection with the Transactions through the Closing Date (including (i) the reasonable and documented fees and expenses of third-party
consultants, legal counsel, accountants and financing advisors in connection therewith and (ii) internal costs and expenses that are billed or invoiced to an Investor 

  
 52 

 
Party and its Affiliates on a third-party basis in an amount not to exceed $100,000); provided, further, that the maximum amount of such costs and expenses to be reimbursed by the
Company shall be reduced by one-half of the fee paid by the Company in connection with the filing of the HSR Form in an amount not to exceed $125,000 and shall not exceed $5,000,000 in the aggregate. 

Section 8.12 Interpretation. (a) When a reference is made in this Agreement to an Article, a Section, Exhibit or
Schedule, such reference shall be to an Article of, a Section of, or an Exhibit or Schedule to, this Agreement unless otherwise indicated. The table of contents and headings contained in this Agreement are for reference purposes only and shall not
affect in any way the meaning or interpretation of this Agreement. Whenever the words “include”, “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the
words “without limitation”. The words “hereof”, “herein” 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 unless the context requires otherwise. The words “date hereof” when used in this Agreement shall refer to the date of this Agreement. The terms “or”, “any”
and “either” are not exclusive. The word “extent” in the phrase “to the extent” shall mean the degree to which a subject or other thing extends, and such phrase shall not mean simply
“if”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. The words “made available to the Investor” and words of similar import refer to
documents (A) posted to the Intralinks Datasite by or on behalf of the Company or (B) delivered in Person or electronically to an Investor Party or its Representatives in each case no later than one Business Day prior to the date hereof.
All accounting terms used and not defined herein shall have the respective meanings given to them under GAAP. All terms defined in this Agreement shall have the defined meanings when used in any document made or delivered pursuant hereto unless
otherwise defined therein. The definitions contained in this Agreement are applicable to the singular as well as the plural forms of such terms and to the masculine as well as to the feminine and neuter genders of such term. Any agreement,
instrument or statute defined or referred to herein or in any agreement or instrument that is referred to herein means such agreement, instrument or statute as from time to time amended, modified or supplemented, including (in the case of agreements
or instruments) by waiver or consent and (in the case of statutes) by succession of comparable successor statutes and references to all attachments thereto and instruments incorporated therein. Unless otherwise specifically indicated, all references
to “dollars” or “$” shall refer to the lawful money of the United States. References to a Person are also to its permitted assigns and successors. When calculating the period of time between which, within which or
following which any act is to be done or step taken pursuant to this Agreement, the date that is the reference date in calculating such period shall be excluded (unless, otherwise required by Law, if the last day of such period is not a Business
Day, the period in question shall end on the next succeeding Business Day). 
 (b) The parties hereto have participated jointly in the
negotiation and drafting of this Agreement and, in the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as jointly drafted by the parties hereto and no presumption or burden of proof shall arise
favoring or disfavoring any party hereto by virtue of the authorship of any provision of this Agreement. 

  
 53 

 Section 8.13 Acknowledgment of Securities Laws. The Investor hereby
acknowledges that it is aware, and that it will advise its Affiliates and Representatives who are provided material non-public information concerning the Company or its securities, that the United States
securities laws prohibit any Person who has received from an issuer material, non-public information from purchasing or selling securities of such issuer or from communication of such information to any other
Person under circumstances in which it is reasonably foreseeable that such Person is likely to purchase or sell such securities. 

Section 8.14 Investor Representative. Each Investor Party hereby consents to and authorizes (i) the appointment of Carlyle
Partners VII S1 Holdings, L.P. as the Investor Representative hereunder and as the attorney-in-fact for and on behalf of such Investor Party, and (ii) the taking by
the Investor Representative of any and all actions and the making of any decisions required or permitted by, or with respect to this Agreement and the transactions contemplated hereby, including, without limitation, (A) the exercise of the
power to agree to execute any consents under this Agreement and (B) to take all actions necessary in the judgment of the Investor Representative for the accomplishment of the foregoing and all of the other terms, conditions and limitations of
this Agreement and the transactions contemplated hereby. Each Investor Party shall be bound by the actions taken by the Investor Representative exercising the rights granted to it by this Agreement, and the Company shall be entitled to rely on any
such action or decision of the Investor Representative. If the Investor Representative shall resign or otherwise be unable to fulfill its responsibilities hereunder, the Investor Parties shall appoint a new Investor Representative as soon as
reasonably practicable by written consent of holders of a majority of the then outstanding Series A Preferred Stock and/or shares of Common Stock that were issued upon conversion of shares of Series A Preferred Stock beneficially owned by the
Investors or Investor Parties that are successors or assigns of the Investors by sending notice and a copy of the duly executed written consent appointing such new Investor Representative to the Company. 

[Remainder of page intentionally left blank] 

  
 54 

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

			
	COMMSCOPE HOLDING COMPANY, INC.
		
	By:	 	 /s/ Alexander W. Pease

		 	Name: Alexander W. Pease
		 	Title: Executive Vice President and Chief Financial Officer

 [Signature Page to Investment Agreement] 

 
			
	INVESTOR:
	
	CARLYLE PARTNERS VII S1 HOLDINGS, L.P.
	
	By: TC Group VII S1, L.P., its general partner
	
	By: TC Group VII S1, L.L.C., its general partner
		
	By:	 	 /s/ Campbell R. Dyer

		 	Name: Campbell R. Dyer
		 	Title: Managing Director

 [Signature Page to Investment Agreement] 

 
			
	INVESTOR REPRESENTATIVE:
	
	CARLYLE PARTNERS VII S1 HOLDINGS, L.P.
	
	By: TC Group VII S1, L.P., its general partner
	
	By: TC Group VII S1, L.L.C., its general partner
		
	By:	 	 /s/ Campbell R. Dyer

		 	Name: Campbell R. Dyer
		 	Title: Managing Director

 [Signature Page to Investment Agreement] 

 ANNEX I 

[FORM OF] 
 CERTIFICATE OF
DESIGNATIONS OF 
 SERIES A CONVERTIBLE PREFERRED STOCK, 

PAR VALUE $0.01, 
 OF 

COMMSCOPE HOLDING COMPANY, INC. 

Pursuant to Section 151 of the Delaware General Corporation Law (as amended, supplemented or restated from time to time, the
“DGCL”), COMMSCOPE HOLDING COMPANY, INC., a corporation organized and existing under the laws of the State of Delaware (the “Company”), in accordance with the provisions of Section 103 of the DGCL, DOES HEREBY
CERTIFY: 
 That, the Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) of the
Company, as filed with the Secretary of State of the State of Delaware, authorizes the issuance of 1,500,000,000 shares of capital stock, consisting of 1,300,000,000 shares of common stock, par value $0.01 per share (“Common
Stock”), and 200,000,000 shares of preferred stock, par value $0.01 per share (“Preferred Stock”); 
 That, the
Certificate of Incorporation expressly authorizes the Board of Directors of the Company (the “Board”) by resolution or resolutions, to the maximum extent permitted by law, to provide for the issuance of Preferred Stock as a class or
in one or more series and, with respect to each class or series of Preferred Stock, to fix the number of shares included in the class or in each such series and the designations, powers, preferences, rights, qualifications, limitations and
restrictions of the shares of the class or of such series; 
 That, pursuant to the authority conferred upon the Board by the Certificate of
Incorporation, the Board, on November 7, 2018, adopted the following resolution designating a new series of Preferred Stock as “Series A Convertible Preferred Stock”: 

RESOLVED, that, pursuant to the authority vested in the Board in accordance with the provisions of Article Sixth of the Certificate of
Incorporation and the provisions of Section 151 of the DGCL, a series of Preferred Stock of the Company is hereby authorized, and the number of shares to be included in such series, and the designations, powers, preferences, rights,
qualifications, limitations and restrictions of the shares of Preferred Stock included in such series, shall be as follows: 
 SECTION 1.
Designation and Number of Shares. The shares of such series of Preferred Stock shall be designated as “Series A Convertible Preferred Stock” (the “Series A Preferred Stock”). The number of authorized
shares constituting the Series A Preferred Stock shall be 1,000,000. That number from time to time may be increased or decreased (but not below the number of shares of Series A Preferred Stock then outstanding) by further resolution duly adopted by
the Board, or any duly authorized committee thereof and by the filing of a certificate pursuant to the provisions of the DGCL stating that such increase or decrease, as applicable, has been so authorized. The Company shall not have the authority to
issue fractional shares of Series A Preferred Stock. 

 SECTION 2. Ranking. The Series A Preferred Stock will rank, with respect to dividend
rights and rights on the distribution of assets on any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company: 

(a) on a parity basis with each other class or series of Capital Stock of the Company now existing or hereafter authorized, the
terms of which expressly provide that such class or series ranks on a parity basis with the Series A Preferred Stock as to dividend rights and rights on the distribution of assets on any voluntary or involuntary liquidation, dissolution or winding
up of the affairs of the Company (such Capital Stock, “Parity Stock”); 
 (b) junior to each other class or
series of Capital Stock of the Company now existing or hereafter authorized, the terms of which expressly provide that such class or series ranks senior to the Series A Preferred Stock as to dividend rights and rights on the distribution of assets
on any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company (such Capital Stock, “Senior Stock”); and 

(c) senior to the Common Stock and each other class or series of Capital Stock of the Company now existing or hereafter
authorized, the terms of which do not expressly provide that such class or series ranks on a parity basis with or senior to the Series A Preferred Stock as to dividend rights and rights on the distribution of assets on any voluntary or involuntary
liquidation, dissolution or winding up of the affairs of the Company (such Capital Stock, “Junior Stock”). 
 SECTION 3.
Definitions. As used herein with respect to Series A Preferred Stock: 
 “50% Beneficial Ownership Requirement” has
the meaning set forth in the Investment Agreement. 
 “Accrued Dividend Record Date” has the meaning set forth in
Section 4(e). 
 “Accrued Dividends” means, as of any date, with respect to any share of Series A
Preferred Stock, all Dividends that have accrued on such share pursuant to Section 4(b), whether or not declared, but that have not, as of such date, been paid. 

“Acquisition” has the meaning set forth in the Investment Agreement. 

“Acquisition Agreement” means the Bid Conduct Agreement, dated as of November 8, 2018, between the Company and the
Target, as it may be amended, supplemented or otherwise modified from time to time. 

  
 2 

 “Affiliate” means, as to any Person, any other Person that, directly or
indirectly, controls, or is controlled by, or is under common control with, such Person; provided, however, (i) that the Company and its Subsidiaries shall not be deemed to be Affiliates of any Investor Party or any of its
Affiliates, (ii) portfolio companies in which any Investor Party or any of its Affiliates has an investment (whether as debt or equity) shall not be deemed an Affiliate of such Investor Party and (iii) the Excluded Carlyle Parties shall
not be deemed to be Affiliates of any Investor Party, the Company or any of the Company’s Subsidiaries. For this purpose, “control” (including, with its correlative meanings, “controlled by” and “under common control
with”) shall mean the possession, directly or indirectly, of the power to direct or cause the direction of management or policies of a Person, whether through the ownership of securities or partnership or other ownership interests, by contract
or otherwise. 
 “Base Amount” means, with respect to any share of Series A Preferred Stock, as of any date of
determination, the sum of (a) the Liquidation Preference and (b) the Base Amount Accrued Dividends with respect to such share as of such date. 

“Base Amount Accrued Dividends” means, with respect to any share of Series A Preferred Stock, as of any date of
determination, (a) if a Dividend Payment Date has occurred since the issuance of such share, the Accrued Dividends with respect to such share as of the Dividend Payment Date immediately preceding such date of determination (taking into account
the payment of Dividends, if any, on or with respect to such Dividend Payment Date) or (b) if no Dividend Payment Date has occurred since the issuance of such share, zero. 

Any Person shall be deemed to “beneficially own”, to have “beneficial ownership” of, or to be
“beneficially owning” any securities (which securities shall also be deemed “beneficially owned” by such Person) that such Person is deemed to “beneficially own” within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act; provided that any Person shall be deemed to beneficially own any securities that such Person has the right to acquire, whether
or not such right is exercisable within sixty (60) days or thereafter (including assuming conversion of all Series A Preferred Stock, if any, owned by such Person to Common Stock). 

“Board” has the meaning set forth in the recitals above. 

“Business Day” means any weekday that is not a day on which banking institutions in New York, New York are authorized or
required by law, regulation or executive order to be closed. 
 “Bylaws” means the Fourth Amended and Restated Bylaws of
the Company, as amended and as may be amended from time to time. 
 “Capital Stock” means, with respect to any Person, any
and all shares of, interests in, rights to purchase, warrants to purchase, options for, participations in or other equivalents of or interests in (however designated) stock issued by such Person. 

“Cash Dividend” has the meaning set forth in Section 4(c). 

“Cash Settlement” has the meaning set forth in Section 10(a)(i). 

“Certificate of Designations” means this Certificate of Designations relating to the Series A Preferred Stock, as it may be
amended from time to time. 

  
 3 

 “Certificate of Incorporation” has the meaning set forth in the recitals
above. 
 “Change of Control” means the occurrence of one of the following, whether in a single transaction or a series of
transactions: 
 (a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Exchange Act), is
or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act), directly or indirectly, of a majority of the total voting power
of the Voting Stock of the Company, other than as a result of a transaction in which (1) the holders of securities that represented 100% of the Voting Stock of the Company immediately prior to such transaction are substantially the same as the
holders of securities that represent a majority of the Voting Stock of the surviving Person or its Parent Entity immediately following such transaction and (2) the holders of securities that represented 100% of the Voting Stock of the Company
immediately prior to such transaction own directly or indirectly Voting Stock of the surviving Person or its Parent Entity in substantially the same proportion to each other as immediately prior to such transaction; 

(b) the merger or consolidation of the Company with or into another Person or the merger of another Person with or into the Company, or the
sale, transfer or lease of all or substantially all the assets of the Company (determined on a consolidated basis), whether in a single transaction or a series of transactions, to another Person, or any recapitalization, reclassification or other
transaction in which all or substantially all of the Common Stock is exchanged for or converted into cash, securities or other property, other than a transaction following which (1) in the case of a merger or consolidation transaction, holders
of securities that represented 100% of the Voting Stock of the Company immediately prior to such transaction own directly or indirectly (in substantially the same proportion to each other as immediately prior to such transaction, other than changes
in proportionality as a result of any cash/stock election provided under the terms of the definitive agreement regarding such transaction) at least a majority of the voting power of the Voting Stock of the surviving Person in such merger or
consolidation transaction immediately after such transaction, and (2) in the case of a sale, transfer or lease of all or substantially all of the assets of the Company, other than to a Subsidiary or a Person that becomes a Subsidiary of the
Company; or 
 (c) shares of Common Stock or shares of any other Capital Stock into which the Series A Preferred Stock is convertible are not
listed for trading on any United States national securities exchange or cease to be traded in contemplation of a de-listing (other than as a result of a transaction described in clause (b) above). 

“Change of Control Call” has the meaning set forth in Section 9(c). 

“Change of Control Call Price” has the meaning set forth in Section 9(c). 

“Change of Control Effective Date” has the meaning set forth in Section 9(d). 

“Change of Control Purchase Date” means, with respect to each share of Series A Preferred Stock, the date on which the
Company makes the payment in full of the Change of Control Put Price for such share to the Holder thereof. 

  
 4 

 “Change of Control Put” has the meaning set forth in
Section 9(a). 
 “Change of Control Put Deadline” has the meaning set forth in
Section 9(d)(i). 
 “Change of Control Put Price” has the meaning set forth in
Section 9(a). 
 “close of business” means 5:00 p.m. (New York City time). 

“Closing Price” of the Common Stock on any date of determination means the closing sale price or, if no closing sale price is
reported, the last reported sale price, of the shares of the Common Stock on NASDAQ on such date. If the Common Stock is not traded on NASDAQ on any date of determination, the Closing Price of the Common Stock on such date of determination means the
closing sale price as reported in the composite transactions for the principal United States securities exchange or automated quotation system on which the Common Stock is so listed or quoted, or, if no closing sale price is reported, the last
reported sale price on the principal United States securities exchange or automated quotation system on which the Common Stock is so listed or quoted, or if the Common Stock is not so listed or quoted on a United States securities exchange or
automated quotation system, the last quoted bid price for the Common Stock in the over-the-counter market as reported by OTC Markets Group Inc. or any similar
organization, or, if that bid price is not available, the market price of the Common Stock on that date as determined by an Independent Financial Advisor retained by the Company for such purpose. 

“Combination Settlement” has the meaning set forth in Section 10(a)(i). 

“Common Stock” has the meaning set forth in the recitals above. 

“Company” has the meaning set forth in the recitals above. 

“Constituent Person” has the meaning set forth in Section 12(a). 

“Conversion Agent” means the Transfer Agent acting in its capacity as conversion agent for the Series A Preferred Stock, and
its successors and assigns. 
 “Conversion Date” has the meaning set forth in Section 8(a). 

“Conversion Notice” has the meaning set forth in Section 8(a)(i). 

“Conversion Price” means, for each share of Series A Preferred Stock, a dollar amount equal to $1,000 divided by the
Conversion Rate. 
 “Conversion Rate” means, for each share of Series A Preferred Stock, 36.3636 shares of Common Stock,
subject to adjustment as set forth herein. 
 “Conversion Restrictions” has the meaning set forth in
Section 6(c). 
 “Current Market Price” per share of Common Stock, as of any date of
determination, means the arithmetic average of the VWAP per share of Common Stock for each of the ten (10) consecutive full Trading Days ending on the Trading Day immediately preceding such day, appropriately adjusted to take into account the
occurrence during such period of any event described in Section 11. 

  
 5 

 “Debt Financing” has the meaning set forth in the Investment Agreement.

 “Designated Redemption Date” means (i) any date within the three (3) month period commencing on and
immediately following the Initial Redemption Date and (ii) any date within the three (3) month period commencing on and immediately following each successive anniversary of the Initial Redemption Date. 

“DGCL” has the meaning set forth in the recitals above. 

“Distributed Property” has the meaning set forth in Section 11(a)(iv). 

“Distribution Transaction” means any distribution of equity securities of a Subsidiary of the Company to holders of Common
Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

 “Dividends” has the meaning set forth in Section 4(a). 

“Dividend Payment Date” means March 31, June 30, September 30 and December 31 of each year;
provided that if any such Dividend Payment Date is not a Business Day, then the applicable Dividend shall be payable on the next Business Day immediately following such Dividend Payment Date, without any interest. 

“Dividend Payment Period” means in respect of any share of Series A Preferred Stock the period from and
including the Issuance Date of such share to but excluding the next Dividend Payment Date and, subsequently, in each case the period from and including any Dividend Payment Date to but excluding the next Dividend Payment Date. 

“Dividend Rate” means 5.5%, or, to the extent and during the period with respect to which such rate has been adjusted as
provided in Sections 4(d), Section 9(i), or Section 10(c), such adjusted rate. 

“Dividend Record Date” has the meaning set forth in Section 4(e). 

“Excess Amount” has the meaning set forth in Section 6(c). 

“Exchange Act” means the Securities Exchange Act of 1934, as amended. 

“Exchange Property” has the meaning set forth in Section 12(a). 

“Excluded Carlyle Parties” has the meaning set forth in the Investment Agreement. 

“Expiration Date” has the meaning set forth in Section 11(a)(iii). 

  
 6 

 “Fair Market Value” means, with respect to any security or other property,
the fair market value of such security or other property as reasonably determined in good faith by a majority of the Board, or an authorized committee thereof, (i) after consultation with an Independent Financial Advisor, as to any security or
other property with a Fair Market Value of less than $50,000,000, or (ii) otherwise using an Independent Financial Advisor to provide a valuation opinion. 

“Fall-Away of Investor Board Rights” has the meaning set forth in the Investment Agreement. 

“Holder” means a Person in whose name the shares of the Series A Preferred Stock are registered, which Person shall be
treated by the Company, Transfer Agent, Registrar, paying agent and Conversion Agent as the absolute owner of the shares of Series A Preferred Stock for the purpose of making payment and settling conversions and for all other purposes;
provided that, to the fullest extent permitted by law, no Person that has received shares of Series A Preferred Stock in violation of the Investment Agreement shall be a Holder, the Transfer Agent, Registrar, paying agent and Conversion
Agent, as applicable, shall not, unless directed otherwise by the Company, recognize any such Person as a Holder and the Person in whose name the shares of the Series A Preferred Stock were registered immediately prior to such transfer shall remain
the Holder of such shares. 
 “Holder Redemption Right” has the meaning set forth in
Section 10(a)(i). 
 “Implied Quarterly Dividend Amount” means, with respect to any share of
Series A Preferred Stock, as of any date, the product of (a) the Base Amount of such share on the first day of the applicable Dividend Payment Period (or in the case of the first Dividend Payment Period for such share, as of the Issuance Date
of such share) multiplied by (b) one fourth of the Dividend Rate applicable on such date. 
 “Independent Financial
Advisor” means an accounting, appraisal, investment banking firm or consultant of nationally recognized standing; provided, however, that such firm or consultant is (i) not an Affiliate of the Company and (ii) so
long as the Investor Parties meet the 50% Beneficial Ownership Requirement, is reasonably acceptable to the Investor Parties. 

“Individual Holder Share Cap” means, with respect to any individual Holder, the maximum number of shares of Common Stock that
could be issued by the Company to such Holder without triggering a change of control under NASDAQ Stock Market Rule 5635 (or its successor). 

“Initial Redemption Date” means [•].1 

“Investment Agreement” means that certain Investment Agreement between the Company and the Investor dated as of
November 8, 2018, as it may be amended, supplemented or otherwise modified from time to time, with respect to certain terms and conditions concerning, among other things, the rights of and restrictions on the Holders. 

 

	1 	 To be the date that is 8 years and 6 months following issuance. 

  
 7 

 “Investor” has the meaning set forth in the Investment Agreement. 

“Investor Designee” means an individual nominated by the Board as a “Investor Designee” for election to the Board
pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement. 

“Investor Parties” means the Investor and each Permitted Transferee of the Investor to whom shares of Series A Preferred
Stock or Common Stock are transferred pursuant to Section 5.08(b)(i) of the Investment Agreement. 

“Issuance Date” means, with respect to any share of Series A Preferred Stock, the date of issuance of such share. 

“Junior Stock” has the meaning set forth in Section 2(c). 

“Liquidation Preference” means, with respect to any share of Series A Preferred Stock, as of any date, $1,000 per share. 

“Mandatory Conversion” has the meaning set forth in Section 7(a). 

“Mandatory Conversion Date” has the meaning set forth in Section 7(a). 

“Mandatory Conversion Price” means 180% of the Conversion Price, as adjusted pursuant to the provisions of
Section 11(a). The Mandatory Conversion Price shall initially be $49.50. 
 “Market Disruption
Event” means any of the following events: 
 (a) any suspension of, or limitation imposed on, trading of the Common
Stock by any exchange or quotation system on which the Closing Price is determined pursuant to the definition of the term “Closing Price” (the “Relevant Exchange”) during the
one-hour period prior to the close of trading for the regular trading session on the Relevant Exchange (or for purposes of determining the VWAP per share of Common Stock, any period or periods aggregating one
half-hour or longer during the regular trading session on the relevant day) and whether by reason of movements in price exceeding limits permitted by the Relevant Exchange as to securities generally, or otherwise relating to the Common Stock or
options contracts relating to the Common Stock on the Relevant Exchange; or 
 (b) any event that disrupts or impairs (as
determined by the Company in its reasonable discretion) the ability of market participants during the one-hour period prior to the close of trading for the regular trading session on the Relevant Exchange (or
for purposes of determining the VWAP per share of Common Stock, any period or periods aggregating one half-hour or longer during the regular trading session on the relevant day) in general to effect transactions in, or obtain market values for, the
Common Stock on the Relevant Exchange or to effect transactions in, or obtain market values for, options contracts relating to the Common Stock on the Relevant Exchange. 

  
 8 

 “NASDAQ” means The Nasdaq Stock Market. 

“Notice of Holder Redemption” has the meaning set forth in Section 10(a)(ii). 

“Notice of Mandatory Conversion” has the meaning set forth in Section 7(b). 

“Officer’s Certificate” means a certificate signed by the Chief Executive Officer, the Chief Financial
Officer or the Secretary of the Company. 
 “Original Issuance Date” means the Closing Date, as defined in the Investment
Agreement. 
 “Parent Entity” means, with respect to any Person, any other Person of which such first Person is a direct or
indirect wholly owned Subsidiary. 
 “Parity Stock” has the meaning set forth in Section 2(a).

 “Permitted Transferee” means, with respect to any Person, (i) any Affiliate of such Person, (ii) any successor
entity of such Person and (iii) with respect to any Person that is an investment fund, vehicle or similar entity, any other investment fund, vehicle or similar entity of which such Person or an Affiliate, advisor or manager of such Person
serves as the general partner, manager or advisor. 
 “Person” means any individual, corporation, estate, partnership,
joint venture, association, joint-stock company, limited liability company, trust, unincorporated organization or any other entity. 

“PIK Dividend” has the meaning set forth in Section 4(c). 

“PIK Dividend Ratio” has the meaning set forth in Section 4(c). 

“Preferred Stock” has the meaning set forth in the recitals above. 

“Record Date” means, with respect to any dividend, distribution or other transaction or event in which the holders of the
Common Stock have the right to receive any cash, securities or other property or in which the Common Stock is exchanged for or converted into any combination of cash, securities or other property, the date fixed for determination of holders of the
Common Stock entitled to receive such cash, securities or other property (whether such date is fixed by the Board or by statute, contract or otherwise). 

“Redemption Date” means, with respect to each share of Series A Preferred Stock, the date on which the Company makes the
payment in full of the Redemption Price for such share to the Holder of such share. 
 “Redemption Price” has the meaning
set forth in Section 10(a)(i). 

  
 9 

 “Refinancing” has the meaning set forth in the Investment Agreement. 

“Registrar” means the Transfer Agent acting in its capacity as registrar for the Series A Preferred Stock, and its successors
and assigns. 
 “Relevant Exchange” has the meaning set forth in the definition of the term “Market Disruption
Event”. 
 “Reorganization Event” has the meaning set forth in Section 12(a). 

“Required Number of Shares” has the meaning set forth in Section 9(i). 

“Senior Stock” has the meaning set forth in Section 2(b). 

“Series A Preferred Stock” has the meaning set forth in Section 1. 

“Settlement Methods” has the meaning set forth in Section 10(a)(i). 

“Settlement Notice” has the meaning set forth in Section 10(a)(iii). 

“Share Cap” means a number of shares of Common Stock equal to (a) the product of (i) 0.199 and (ii) [•]2 less (b) the maximum number of shares of Common Stock that may be issued pursuant to the Acquisition Agreement in connection with the assumption by the Company of any equity awards or plans of
the Target or any of its Subsidiaries (subject to adjustment in the event of a stock split, stock dividend, combination or other proportionate adjustment). 

“Stockholder Approval” means, to the extent required by the listing rules of NASDAQ, the approval by the stockholders of the
Company to remove the Share Cap and/or the Individual Holder Share Cap, as applicable, in accordance with NASDAQ Stock Market Rule 5635 (or its successor). 

“Subsidiary”, when used with respect to any Person, means any corporation, limited liability company, partnership,
association, trust or other entity of which (i) securities or other ownership interests representing more than 50% of the ordinary voting power (or, in the case of a partnership, more than 50% of the general partnership interests) or
(ii) sufficient voting rights to elect at least a majority of the board of directors or other governing body are, as of such date, owned by such Person or one or more Subsidiaries of such Person or by such Person and one or more Subsidiaries of
such Person. 
 “Target” means ARRIS International plc, a company organized under the laws of England and Wales. 

 

	2 	 To be equal to the number of issued and outstanding shares of the Company’s Common Stock immediately prior
to the issuance of the Preferred Stock. 

  
 10 

 “Trading Day” means a Business Day on which the Relevant Exchange is
scheduled to be open for business and on which there has not occurred a Market Disruption Event. 
 “Trading Period” has
the meaning set forth in Section 7(a). 
 “Transfer Agent” means the Person acting as Transfer
Agent, Registrar and paying agent and Conversion Agent for the Series A Preferred Stock, and its successors and assigns. The Transfer Agent initially shall be American Stock Transfer & Trust Company, LLC. 

“Trigger Event” has the meaning set forth in Section 11(a)(vii). 

“Voting Stock” means (i) with respect to the Company, the Common Stock, the Series A Preferred Stock and any other
Capital Stock of the Company having the right to vote generally in any election of directors of the Board and (ii) with respect to any other Person, all Capital Stock of such Person having the right to vote generally in any election of
directors of the board of directors of such Person or other similar governing body. 
 “VWAP” per share of Common Stock on
any Trading Day means the per share volume-weighted average price as displayed under the heading Bloomberg VWAP on Bloomberg (or, if Bloomberg ceases to publish such price, any successor service reasonably chosen by the Company) page “COMM US
<equity> AQR” (or its equivalent successor if such page is not available) in respect of the period from the open of trading on the relevant Trading Day until the close of trading on such Trading Day (or if such volume-weighted average
price is unavailable, the market price of one share of Common Stock on such Trading Day determined, using a volume-weighted average method, by an Independent Financial Advisor retained for such purpose by the Company). 

SECTION 4. Dividends. (a) Holders shall be entitled to receive dividends of the type and in the amount determined as set forth in
this Section 4 (such dividends, “Dividends”). 
 (b) Accrual of Dividends. Dividends on
each share of Series A Preferred Stock (i) shall accrue on a daily basis from and including the Issuance Date of such share, whether or not declared and whether or not the Company has assets legally available to make payment thereof, at a rate
equal to the Dividend Rate as further specified below and (ii) shall be payable quarterly in arrears, if, as and when authorized by the Board, or any duly authorized committee thereof, and declared by the Company, to the extent not prohibited
by law, on each Dividend Payment Date, commencing on the first Dividend Payment Date following the Issuance Date of such share. The amount of Dividends accruing with respect to any share of Series A Preferred Stock for any day shall be determined by
dividing (x) the Implied Quarterly Dividend Amount as of such day by (y) the actual number of days in the Dividend Payment Period in which such day falls; provided that if during any Dividend Payment Period any Accrued Dividends in
respect of one or more prior Dividend Payment Periods are paid, then after the date of such payment the amount of Dividends accruing with respect to any share of Series A Preferred Stock for any day shall be determined by dividing (x) the
Implied Quarterly Dividend Amount (recalculated to take into account such payment of Accrued Dividends) by (y) the actual number of days in such Dividend Payment Period. The amount of Dividends payable with respect to any share of Series

  
 11 

 
A Preferred Stock for any Dividend Payment Period shall equal the sum of the daily Dividend amounts accrued in accordance with the prior sentence of this Section 4(b)
with respect to such share during such Dividend Payment Period. For the avoidance of doubt, for any share of Series A Preferred Stock with an Issuance Date that is not a Dividend Payment Date, the amount of Dividends payable with respect to the
initial Dividend Payment Period for such share shall equal the product of (A) the daily accrual determined as specified in the prior sentence, assuming a full Dividend Payment Period in accordance with the definition of such term, and
(B) the number of days from and including such Issuance Date to but excluding the next Dividend Payment Date. 
 (c) Payment of
Dividend. With respect to any Dividend Payment Date, the Company will pay, to the extent permitted by applicable law, in its sole discretion, Dividends (i) in cash (any Dividend or portion of a Dividend paid in cash, a “Cash
Dividend”), if, as and when authorized by the Board, or any duly authorized committee thereof, and declared by the Company, (ii) as a dividend in kind, additional duly authorized, validly issued and fully paid and nonassessable shares
of Series A Preferred Stock (any Dividend or portion of a Dividend paid in the manner provided in this clause, a “PIK Dividend”) having value (as determined in accordance with the immediately following sentence) equal to the amount
of Accrued Dividends during such Dividend Payment Period or (iii) through a combination of either of the foregoing; provided that (A) Cash Dividend payments shall be aggregated per Holder and shall be made to the nearest cent (with
$.005 being rounded upward), (B) if the Company pays a PIK Dividend, no fractional shares of Series A Preferred Stock shall be issued to any Holder (after taking into account all shares of Series A Preferred Stock held by such Holder) and in lieu of
any such fractional share, the Company shall pay to such Holder, at the Company’s option, either (1) an amount in cash equal to the applicable fraction of a share of Series A Preferred Stock multiplied by the Liquidation Preference per
share of Series A Preferred Stock or (2) one additional whole share of Series A Preferred Stock and (C) with respect to any Dividend Payment Date where the Company pays a combination of a PIK Dividend and a Cash Dividend, the proportion of
a Dividend paid to any Holder that consists of a PIK Dividend (the “PIK Dividend Ratio”) shall be the same as the PIK Dividend Ratio with respect to each Dividend paid to each other Holder that receives a Dividend on such Dividend
Payment Date. In the event that the Company pays a PIK Dividend, each share of Series A Preferred Stock paid in connection therewith shall have a deemed value for such purpose equal to the Liquidation Preference per share of Series A Preferred
Stock, and the number of additional shares of Series A Preferred Stock issuable to Holders in connection with the payment of a PIK Dividend will be, with respect to each share of Series A Preferred Stock, and without limiting the proviso above
concerning fractional shares, the number (or fraction) obtained from the quotient of (1) the amount of the applicable PIK Dividend per share of Series A Preferred Stock divided by (2) the Liquidation Preference per share of Series A
Preferred Stock. Accrued Dividends in respect of any prior Dividend Payment Periods may be paid on any date (whether or not such date is a Dividend Payment Date) if, as and when authorized by the Board, or any duly authorized committee thereof as
declared by the Company. Notwithstanding anything to the contrary herein, the Company shall pay the Dividend payable on any Dividend Payment Date in cash, if any time during the relevant Dividend Payment Period, the Company had outstanding any
convertible debt on which the obligor was required to pay amounts treated as interest for U.S. Federal income tax purposes. 

  
 12 

 (d) Arrearages. If the Company fails to declare and pay a full Dividend on the Series
A Preferred Stock on any Dividend Payment Date or fails to deliver in full any cash, shares of Common Stock or other securities or property, as applicable, due upon any conversion, redemption or put or call, then any Dividends otherwise payable on
such Dividend Payment Date on the Series A Preferred Stock shall continue to accrue and cumulate initially at a Dividend Rate of 8.0% per annum, which shall then increase by 0.50% on every three-month anniversary of such failure (but not, in any
event, to greater than 11.0% per annum), until such failure is cured, payable quarterly in arrears on each Dividend Payment Date, for the period from and including the first Dividend Payment Date (or the Issuance Date, as applicable) upon which the
Company fails to pay a full Dividend on the Series A Preferred Stock through but not including the latest of the day upon which the Company pays in accordance with Section 4(c) all Dividends on the Series A Preferred Stock that are then in
arrears. Dividends shall accumulate from the most recent date through which Dividends shall have been paid, or, if no Dividends have been paid, from the Issuance Date. 

(e) Record Date. The record date for payment of Dividends that are declared and paid on any relevant Dividend Payment Date will be the
close of business on the fifteenth (15th) day of the calendar month which contains the relevant Dividend Payment Date (each, a “Dividend Record Date”), and the record date for payment of any Accrued Dividends that were not declared
and paid on any relevant Dividend Payment Date will be the close of business on the date that is established by the Board, or a duly authorized committee thereof, as such, which will not be more than forty-five (45) days prior to the date on
which such Dividends are paid (each, an “Accrued Dividend Record Date”), in each case whether or not such day is a Business Day. 

(f) Priority of Dividends. So long as any shares of Series A Preferred Stock remain outstanding, unless full Dividends on all
outstanding shares of Series A Preferred Stock have been declared and paid, including any accrued and unpaid Dividends on the Series A Preferred Stock that are then in arrears, or have been or contemporaneously are declared and a sum sufficient for
the payment of those dividends has been or is set aside for the benefit of the Holders, the Company may not declare any dividend on, or make any distributions relating to, Junior Stock or Parity Stock, or redeem, purchase, acquire (either directly
or through any Subsidiary) or make a liquidation payment relating to, any Junior Stock or Parity Stock, other than: 
 (i)
purchases, redemptions or other acquisitions of shares of Junior Stock in connection with any employment contract, benefit plan or other similar arrangement with or for the benefit of current or former employees, officers, directors or consultants;

 (ii) purchases of Junior Stock through the use of the proceeds of a substantially contemporaneous sale of other shares of
Junior Stock; 
 (iii) as a result of an exchange or conversion of any class or series of Parity Stock or Junior Stock for
any other class or series of Parity Stock (in the case of Parity Stock) or Junior Stock (in the case of Parity Stock or Junior Stock); 

(iv) purchases of fractional interests in shares of Parity Stock or Junior Stock pursuant to the conversion or exchange
provisions of such Parity Stock or Junior Stock or the security being converted or exchanged; 

  
 13 

 (v) payment of any dividends in respect of Junior Stock where the dividend
is in the form of the same stock or rights to purchase the same stock as that on which the dividend is being paid; 
 (vi)
distributions of Junior Stock or rights to purchase Junior Stock; or 
 (vii) any dividend in connection with the
implementation of a shareholders’ rights or similar plan, or the redemption or repurchase of any rights under any such. 

Notwithstanding the foregoing, for so long as any shares of Series A Preferred Stock remain outstanding, if dividends are not declared and
paid in full upon the shares of Series A Preferred Stock and any Parity Stock, all dividends declared upon shares of Series A Preferred Stock and any Parity Stock will be declared on a proportional basis so that the amount of dividends declared per
share will bear to each other the same ratio that all accrued and unpaid dividends as of the end of the most recent Dividend Payment Period per share of Series A Preferred Stock and accrued and unpaid dividends as of the end of the most recent
dividend period per share of any Parity Stock bear to each other. 
 Subject to the provisions of this Section 4,
dividends may be authorized by the Board, or any duly authorized committee thereof, and declared and paid by the Company, or any duly authorized committee thereof, on any Junior Stock and Parity Stock from time to time and the Holders will not be
entitled to participate in those dividends (other than pursuant to the adjustments otherwise provided under Section 11(a) or Section 12(a), as applicable). 

(g) Conversion Following a Record Date. If the Conversion Date for any shares of Series A Preferred Stock is prior to the close of
business on a Dividend Record Date or an Accrued Dividend Record Date, the Holder of such shares will not be entitled to any dividend in respect of such Dividend Record Date or Accrued Dividend Record Date, as applicable, other than through the
inclusion of Accrued Dividends as of the Conversion Date in the calculation under Section 6(a) or Section 7(a), as applicable. If the Conversion Date for any shares of Series A Preferred Stock is
after the close of business on a Dividend Record Date or an Accrued Dividend Record Date but prior to the corresponding payment date for such dividend, the Holder of such shares as of such Dividend Record Date or Accrued Dividend Record Date, as
applicable, shall be entitled to receive such dividend, notwithstanding the conversion of such shares prior to the applicable Dividend Payment Date; provided that the amount of such Dividend shall not be included for the purpose of
determining the amount of Accrued Dividends under Section 6(a) or Section 7(a), as applicable, with respect to such Conversion Date. 

SECTION 5. Liquidation Rights. (a) Liquidation. In the event of any voluntary or involuntary liquidation, dissolution or
winding up of the affairs of the Company, the Holders shall be entitled, out of assets legally available therefor, before any distribution or payment out of the assets of the Company may be made to or set aside for the holders of any Junior Stock,
and subject to the rights of the holders of any Senior Stock or Parity Stock and the rights of the Company’s existing and future creditors, to receive in full a liquidating distribution in cash and in the amount per share of Series A Preferred
Stock equal to the greater of (i) the sum of (A) the Liquidation Preference plus (B) the Accrued Dividends with respect to such share of Series A Preferred Stock as of the date of such voluntary or involuntary liquidation, dissolution
or 

  
 14 

 
winding up of the affairs of the Company and (ii) the amount such Holders would have received had such Holders, immediately prior to such voluntary or involuntary liquidation, dissolution or
winding up of the affairs of the Company, converted such shares of Series A Preferred Stock into Common Stock (pursuant to Section 6 without regard to any of the limitations on convertibility contained therein). Holders
shall not be entitled to any further payments in the event of any such voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company other than what is expressly provided for in this
Section 5 and will have no right or claim to any of the Company’s remaining assets. 
 (b) Partial
Payment. If in connection with any distribution described in Section 5(a) above, the assets of the Company or proceeds therefrom are not sufficient to pay in full the aggregate liquidating distributions required to be
paid pursuant to Section 5(a) to all Holders and the liquidating distributions payable all holders of any Parity Stock, the amounts distributed to the Holders and to the holders of all such Parity Stock shall be paid pro
rata in accordance with the respective aggregate liquidating distributions to which they would otherwise be entitled if all amounts payable thereon were paid in full. 

(c) Merger, Consolidation and Sale of Assets Not Liquidation. For purposes of this Section 5, the sale,
conveyance, exchange or transfer (for cash, shares of stock, securities or other consideration) of all or substantially all of the property and assets of the Company shall not be deemed a voluntary or involuntary liquidation, dissolution or winding
up of the affairs of the Company, nor shall the merger, consolidation, statutory exchange or any other business combination transaction of the Company into or with any other Person or the merger, consolidation, statutory exchange or any other
business combination transaction of any other Person into or with the Company be deemed to be a voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company. 

SECTION 6. Right of the Holders to Convert. 

(a) Each Holder shall have the right, at such Holder’s option, subject to the conversion procedures set forth in
Section 8, to convert each share of such Holder’s Series A Preferred Stock at any time into (i) the number of shares of Common Stock equal to the quotient of (A) the sum of the Liquidation Preference and the
Accrued Dividends with respect to such share of Series A Preferred Stock as of the applicable Conversion Date divided by (B) the Conversion Price as of the applicable Conversion Date plus (ii) cash in lieu of fractional shares as
set out in Section 11(h). The right of conversion may be exercised as to all or any portion of such Holder’s Series A Preferred Stock from time to time; provided that, in each case, no right of conversion may be
exercised by a Holder in respect of fewer than 1,000 shares of Series A Preferred Stock (unless such conversion relates to all shares of Series A Preferred Stock held by such Holder). 

(b) The Company shall at all times reserve and keep available out of its authorized and unissued Common Stock, solely for issuance upon the
conversion of the Series A Preferred Stock, such number of shares of Common Stock as shall from time to time be issuable upon the conversion of all the shares of Series A Preferred Stock then outstanding. Any shares of Common Stock issued upon
conversion of Series A Preferred Stock shall be duly authorized, validly issued, fully paid and nonassessable. 

  
 15 

 (c) Notwithstanding the foregoing or anything else in this Certificate of Designations to
the contrary, unless and until the Stockholder Approval (to the extent required under the listing rules of NASDAQ) is obtained, (i) the Holders shall not have the right to acquire shares of Common Stock, and the Company shall not be required to
issue shares of Common Stock, in excess of the Share Cap and (ii) no Holder shall have the right to acquire shares of Common Stock, and the Company shall not be required to issue shares of Common Stock to such Holder, in excess of such
Holder’s Individual Holder Share Cap (collectively, the “Conversion Restrictions”), and in each case, the Company shall either obtain Stockholder Approval of such issuances or deliver, in lieu of any shares of Common Stock
otherwise deliverable upon conversion in excess of the Conversion Restrictions, an amount of cash per share equal to the VWAP per share of Common Stock on the Trading Day immediately preceding the Conversion Date (such cash amount, the
“Excess Amount”). 
 SECTION 7. Mandatory Conversion by the Company. (a) At any time after the third
anniversary of the Original Issuance Date, if the VWAP per share of Common Stock was greater than the Mandatory Conversion Price for at least thirty (30) Trading Days in (i) any period of forty-five (45) consecutive Trading Days (such
forty-five (45) consecutive Trading Day period, the “Trading Period”) and (ii) the final five (5) consecutive Trading Days of the applicable Trading Period, the Company may elect to convert (a “Mandatory
Conversion”) all, but not less than all, of the outstanding shares of Series A Preferred Stock into shares of Common Stock (the date selected by the Company for any Mandatory Conversion pursuant to this
Section 7(a), the “Mandatory Conversion Date”). In the case of a Mandatory Conversion, each share of Series A Preferred Stock then outstanding shall be converted into (i) the number of shares of Common
Stock equal to the quotient of (A) the sum of the Liquidation Preference and the Accrued Dividends with respect to such share of Series A Preferred Stock as of the Mandatory Conversion Date divided by (B) the Conversion Price of such share
in effect as of the Mandatory Conversion Date plus (ii) cash in lieu of fractional shares as set out in Section 11(h); provided that, if as a result of the Conversion Restrictions, all shares of Series A
Preferred Stock may not be converted into Common Stock at such time, either obtain Stockholder Approval of such issuances or deliver the maximum number of shares of Common Stock that may be issued upon conversion of the Series A Preferred Stock at
such time, together with an amount of cash equal to the Excess Amount in lieu of any such shares of Common Stock otherwise deliverable upon a Mandatory Conversion in excess of the Conversion Restrictions. 

(b) Notice of Mandatory Conversion. If the Company elects to effect Mandatory Conversion, the Company shall, within ten
(10) Business Days following the completion of the applicable forty-five (45) day Trading Period referred to in Section 7(a) above, provide notice of Mandatory Conversion to each Holder (such notice, a
“Notice of Mandatory Conversion”). For the avoidance of doubt, a Notice of Mandatory Conversion does not limit a Holder’s right to convert on a Conversion Date prior to the Mandatory Conversion Date. The Mandatory Conversion
Date selected by the Company shall be no less than ten (10) Business Days and no more than twenty (20) Business Days after the date on which the Company provides the Notice of Mandatory Conversion to the Holders. The Notice of Mandatory
Conversion shall state, as appropriate: 
 (i) the Mandatory Conversion Date selected by the Company; and 

  
 16 

 (ii) the Conversion Rate as in effect on the Mandatory Conversion Date, the
number of shares of Common Stock to be issued to such Holder upon conversion of each share of Series A Preferred Stock held by such Holder and, if applicable, the amount of Accrued Dividends as of the Mandatory Conversion Date. 

SECTION 8. Conversion Procedures and Effect of Conversion. (a) Conversion Procedure. A Holder must do each of the following
in order to convert shares of Series A Preferred Stock pursuant to this Section 8(a): 
 (i) in the
case of a conversion pursuant to Section 6(a), complete and manually sign the conversion notice provided by the Conversion Agent (the “Conversion Notice”), and deliver such notice to the Conversion Agent;
provided that a Conversion Notice may be conditional on the completion of a Change of Control or other corporate transaction; 

(ii) deliver to the Conversion Agent the certificate or certificates (if any) representing the shares of Series A Preferred
Stock to be converted; 
 (iii) if required, furnish appropriate endorsements and transfer documents; and 

(iv) if required, pay any stock transfer, documentary, stamp or similar taxes not payable by the Company pursuant to
Section 21. 
 The foregoing clauses (ii), (iii) and (iv) shall be conditions to the issuance of shares of
Common Stock to the Holders in the event of a Mandatory Conversion pursuant to Section 7 (but, for the avoidance of doubt, not to the Mandatory Conversion of the shares of Series A Preferred Stock on the Mandatory
Conversion Date). The Holder may, in respect of a Mandatory Conversion, deliver a notice to the Conversion Agent specifying, in respect of the deliverable shares of Common Stock, a delivery method of either book-entry basis, through the facilities
of The Depositary Trust Company or certificated form. If no such notice is delivered, the Holder shall be deemed to have chosen delivery by book-entry. 

The “Conversion Date” means (A) with respect to conversion of any shares of Series A Preferred Stock at the option of
any Holder pursuant to Section 6(a), the date on which such Holder complies with the procedures in this Section 8(a) (including the satisfaction of any conditions to conversion set forth in the
Conversion Notice) and (B) with respect to Mandatory Conversion pursuant to Section 7(a), the Mandatory Conversion Date. 

(b) Effect of Conversion. Effective immediately prior to the close of business on the Conversion Date applicable to any shares of Series
A Preferred Stock, Dividends shall no longer accrue or be declared on any such shares of Series A Preferred Stock, and such shares of Series A Preferred Stock shall cease to be outstanding. 

(c) Record Holder of Underlying Securities as of Conversion Date. The Person or Persons entitled to receive the Common Stock and, to the
extent applicable, cash, securities or other property issuable upon conversion of Series A Preferred Stock on a Conversion Date shall be treated for all purposes as the record holder(s) of such shares of Common Stock and/or cash, securities or other
property as of the close of business on such Conversion Date. As promptly as practicable on or after the Conversion Date and compliance by the applicable Holder with the 

  
 17 

 
relevant procedures contained in Section 8(a) (and in any event no later than three (3) Trading Days thereafter; provided however that, if a written notice from the
Holder in accordance with Section 8(a) specifies a date of delivery for any shares of Common Stock, such shares shall be delivered on the date so specified, which shall be no earlier than the second Business Day immediately
following the date of such notice and no later than the seventh Business Day thereafter), the Company shall issue the number of whole shares of Common Stock issuable upon conversion (and deliver payment of cash in lieu of fractional shares as set
out in Section 11(h) and any Excess Amount) and, to the extent applicable, any cash, securities or other property issuable thereon. Such delivery of shares of Common Stock, securities or other property shall be made by
book-entry or, at the request of the Holder, through the facilities of The Depositary Trust Company or in certificated form. Any such certificate or certificates shall be delivered by the Company to the appropriate Holder on a book-entry basis,
through the facilities of The Depositary Trust Company, or by mailing certificates evidencing the shares to the Holders, in each case at their respective addresses as set forth in the Conversion Notice (in the case of a conversion pursuant to
Section 6(a)) or in the records of the Company or as set forth in a notice from the Holder to the Conversion Agent, as applicable (in the case of a Mandatory Conversion). In the event that a Holder shall not by written
notice designate the name in which shares of Common Stock (and payments of cash in lieu of fractional shares) and, to the extent applicable, cash, securities or other property to be delivered upon conversion of shares of Series A Preferred Stock
should be registered or paid, or the manner in which such shares, cash, securities or other property should be delivered, the Company shall be entitled to register and deliver such shares, securities or other property, and make such payment, in the
name of the Holder and in the manner shown on the records of the Company. 
 (d) Status of Converted or Reacquired Shares. Shares of
Series A Preferred Stock converted in accordance with this Certificate of Designations, or otherwise acquired by the Company in any manner whatsoever, shall be retired promptly after the conversion or acquisition thereof. All such shares shall, upon
their retirement and any filing required by the DGCL, become authorized but unissued shares of Preferred Stock, without designation as to series until such shares are once more designated as part of a particular series by the Board pursuant to the
provisions of the Certificate of Incorporation. 
 SECTION 9. Change of Control. (a) Change of Control Put.
Subject to the application of Sections 9(c) and 9(i), upon the occurrence of a Change of Control, each Holder of outstanding shares of Series A Preferred Stock shall have the option to require
the Company to purchase (a “Change of Control Put”) any or all of its shares of Series A Preferred Stock at a purchase price per share of Series A Preferred Stock, payable in cash (in the case of clause (i)) or the applicable
consideration (in the case of clause (ii)), equal to, at the Holder’s election (or if the Holder does not so elect, the greater of) (i) the Liquidation Preference of such share of Series A Preferred Stock plus the Accrued Dividends in
respect of such share of Series A Preferred Stock, in each case as of the applicable Change of Control Purchase Date and (ii) the amount of cash and/or other assets such Holder would have received in the transaction constituting a Change of
Control had such Holder, immediately prior to such Change of Control, converted such share of Series A Preferred Stock into Common Stock (pursuant to Section 6 without regard to any of the limitations on convertibility
contained therein); provided however that, if the kind or amount of securities, cash and other property receivable in such transaction is not the same for each share of Common Stock held immediately prior to such transaction by a Person, then the
kind and amount 

  
 18 

 
of securities, cash and other property receivable upon Change of Control Put following such transaction will be deemed to be the weighted average of the types and amounts of consideration
received by the holders of Common Stock (the “Change of Control Put Price”); provided that, in each case (but, for purposes of clarity, not in the event where such holder actually converts its shares of Series A Preferred
Stock into Common Stock), the Company shall only be required to pay the Change of Control Put Price to the extent such purchase can be made out of funds legally available therefor. 

(b) Initial Change of Control Notice. On or before the twentieth (20th) Business Day prior to the date on which the Company anticipates
consummating a Change of Control (or, if later, promptly after the Company discovers that a Change of Control may occur), a written notice shall be sent by or on behalf of the Company to the Holders as they appear in the records of the Company,
which notice shall contain the date on which the Change of Control is anticipated to be effected (or, if applicable, the date on which a Schedule TO or other schedule, form or report disclosing a Change of Control was filed). 

(c) Change of Control Call. In the case of a Change of Control (other than pursuant to clause (c) of the definition of such term)
(provided that for purposes of this Section 9(c), the references to “a majority” in the definition of Change of Control shall be deemed to be references to “80%”), the Company may elect to redeem
(the “Change of Control Call”), contingent upon and contemporaneously with the consummation of the Change of Control, but subject to the right of the Holders to convert the Series A Preferred Stock pursuant to
Section 6(a) prior to any such redemption, all of the shares of Series A Preferred Stock at a redemption price per share, payable in cash (in the case of clause (i)) or the applicable consideration (in the case of clause
(ii)), equal to, at the Holder’s option (or if the Holder does not so elect, the greater of) (i) (x) the Liquidation Preference as of the date of redemption plus (y) Accrued Dividends as of the date of redemption, plus (z) if the
applicable redemption date is prior to the fifth anniversary of the first Dividend Payment Date, the amount equal to the net present value (computed using a discount rate of 10%) of the sum of all Dividends that would otherwise be payable on such
share of Series A Preferred Stock on and after the applicable redemption date to and including the fifth anniversary of the first Dividend Payment Date and assuming the Company chose to pay such Dividends in cash and (ii) the amount of cash
and/or other assets a Holder would have received had such Holder, immediately prior to such Change of Control, converted such share of Series A Preferred Stock into Common Stock (pursuant to Section 6 without regard to any
of the limitations on convertibility contained therein) (the “Change of Control Call Price”). 
 (d) Final Change of
Control Notice. To the extent the Change of Control Call has not been previously exercised by the Company, within two (2) days following the effective date of the Change of Control (the “Change of Control Effective Date”)
(or if the Company discovers later than such date that a Change of Control has occurred, promptly following the date of such discovery), a final written notice shall be sent by or on behalf of the Company to the Holders as they appear in the records
of the Company, which notice shall contain: 
 (i) the date by which the Holder must elect to exercise a Change of Control
Put (which shall be no earlier than thirty (30) days before the purchase date) (the “Change of Control Put Deadline”); 

  
 19 

 (ii) the amount of cash and/or other consideration payable per share of
Series A Preferred Stock, if such Holder elects to exercise a Change of Control Put; 
 (iii) the purchase date for such
shares which shall be between 30 and 60 days after such notice is mailed; and 
 (iv) the instructions a Holder must follow
to exercise a Change of Control Put in connection with such Change of Control. 
 (e) Change of Control Put Procedure. To exercise a
Change of Control Put, a Holder must, no later than 5:00 p.m., New York City time, on the Change of Control Put Deadline, surrender to the Conversion Agent the certificates representing the shares of Series A Preferred Stock to be repurchased by the
Company or lost stock affidavits therefor. 
 (f) Delivery upon Change of Control Put / Call. Upon a Change of Control Put or, in the
case of a Change of Control Call, the effective date of the applicable Change of Control, subject to Section 9(i) below, the Company (or its successor) shall deliver or cause to be delivered to the Holder by wire transfer
the Change of Control Put Price or the Change of Control Call Price of such Holder’s shares of Series A Preferred Stock. 
 (g)
Treatment of Shares. Until a share of Series A Preferred Stock is purchased by the payment in full of the applicable Change of Control Put Price or Change of Control Call Price, such share of Series A Preferred Stock will remain outstanding
and will be entitled to all of the powers, designations, preferences and other rights provided herein, including that such share (x) may be converted pursuant to Section 6 and, if not so converted, (y) shall (A)
accrue Dividends and (B) entitle the Holder thereof to the voting rights provided in Section 13; provided that any such shares that are converted prior to or on the Change of Control Purchase Date (in the case
of a Change of Control Put) or the effective date of such Change of Control (in the case of a Change of Control Call) in accordance with this Certificate of Designations shall not be entitled to receive any payment of the Change of Control Put Price
or Change of Control Call Price, as applicable. 
 (h) Partial Exercise of Change of Control Put. In the event that a Change of
Control Put is effected with respect to shares of Series A Preferred Stock representing less than all the shares of Series A Preferred Stock held by a Holder, upon such Change of Control Put, the Company shall execute and the Transfer Agent shall
countersign and deliver to such Holder, at the expense of the Company, a certificate evidencing the shares of Series A Preferred Stock held by the Holder as to which a Change of Control Put was not effected (or book-entry interests representing such
shares). 
 (i) Sufficient Funds. If the Company shall not have sufficient funds legally available under the DGCL to purchase all
shares of Series A Preferred Stock that Holders have requested to be purchased under Section 9(a) (the “Required Number of Shares”), the Company shall (i) purchase, pro rata among the Holders that have
requested their shares be purchased pursuant to Section 9(a), a number of shares of Series A Preferred Stock with an aggregate Change of Control Put Price equal to the amount legally available for the purchase of shares of
Series A Preferred Stock under the DGCL and (ii) purchase any shares of Series A Preferred 

  
 20 

 
Stock not purchased because of the foregoing limitations at the applicable Change of Control Put Price as soon as practicable after the Company is able to make such purchase out of assets legally
available for the purchase of such share of Series A Preferred Stock. The inability of the Company (or its successor) to make a purchase payment for any reason shall not relieve the Company (or its successor) from its obligation to effect any
required purchase when, as and if permitted by applicable law. If the Company fails to pay the Change of Control Put Price or the Change of Control Call Price in full when due in accordance with this Section 9 in respect of
some or all of the shares or Series A Preferred Stock to be repurchased pursuant to the Change of Control Put or the Change of Control Call, the Company will pay Dividends on such shares not repurchased initially at a Dividend Rate equal to 8.0% per
annum, which shall then increase by 0.50% on every three-month anniversary after such failure (but not, in any event, to greater than 11.0% per annum), accruing daily from such date until the Change of Control Put Price or the Change of Control Call
Price, as applicable, plus all Accrued Dividends thereon, are paid in full in respect of such shares of Series A Preferred Stock. Notwithstanding the foregoing, in the event a Holder elects to exercise a Change of Control Put pursuant to this
Section 9 at a time when the Company is restricted or prohibited (contractually or otherwise) from redeeming some or all of the Series A Preferred Stock subject to the Change of Control Put, the Company will use its
commercially reasonable efforts to obtain the requisite consents to remove or obtain an exception or waiver to such restrictions or prohibition. Nothing herein shall limit a Holder’s right to pursue any other remedies available to it hereunder,
at law or in equity, including, without limitation, a decree of specific performance and/or injunctive relief with respect to the Company’s failure to comply with its obligations under this Section 9. 

(j) Change of Control Agreements. The Company shall not enter into any agreement for a transaction constituting a Change of Control
unless (i) such agreement provides for or does not interfere with or prevent (as applicable) the exercise by the Holders of their Change of Control Put in a manner that is consistent with and gives effect to this
Section 9, and (ii) the acquiring or surviving Person in such Change of Control represents or covenants, in form and substance reasonably satisfactory to the Board acting in good faith, that at the closing of such
Change of Control that such Person shall have sufficient funds (which may include, without limitation, cash and cash equivalents on the Company’s balance sheet, the proceeds of any debt or equity financing, available lines of credit or uncalled
capital commitments) to consummate such Change of Control and the payment of the Change of Control Put Price in respect of shares of Series A Preferred Stock that have not been converted into Common Stock prior to the Change of Control Effective
Date pursuant to Section 6 or 7, as applicable. 
 (k) Upon full payment of the Change of Control Put Price
or the Change of Control Call Price, as applicable, for any shares of Series A Preferred Stock subject to a Change of Control Put or Change of Control Call, such shares will cease to be entitled to any dividends that may thereafter be payable on the
Series A Preferred Stock; such shares of Series A Preferred Stock will no longer be deemed to be outstanding for any purpose; and all rights (except the right to receive the Change of Control Put Price or Change of Control Call Price, as applicable)
of the Holder of such shares of Series A Preferred Stock shall cease and terminate with respect to such shares. 

  
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 SECTION 10. Redemption. (a) Redemption at the Option of the Holder. 

(i) On each Designated Redemption Date, each Holder of shares of Series A Preferred Stock shall have the right (a
“Holder Redemption Right”) to require the Company to redeem any or all of the shares of Series A Preferred Stock of such Holder outstanding on such Designated Redemption Date, in each case to the extent not prohibited by law, at a
redemption price equal to the sum of (x) the Liquidation Preference of the shares of Series A Preferred Stock to be redeemed plus (y) the Accrued Dividends with respect to such shares of Series A Preferred Stock as of the applicable
Redemption Date (such price, the “Redemption Price”). The Redemption Price shall be payable, at the Company’s option, in cash (a “Cash Settlement”) or a combination of cash and Common Stock
(“Combination Settlement” and, together with Cash Settlement, the “Settlement Methods”); provided that in the case of a Combination Settlement (A) the maximum portion of the Redemption Price that may be
paid in Common Stock shall be the lesser of (x) 50% of the Redemption Price, (y) the portion of the Redemption Price that may be paid in shares of Common Stock such that the number of shares of Common Stock issued to such Holder pursuant to
this Section 10(a) does not exceed 15% of the issued and outstanding shares of Common Stock after giving effect to the issuance and (z) the portion of the Redemption Price that may be paid in shares of Common Stock
without violating the Conversion Restrictions, and (B) the number of shares of Common Stock to be delivered pursuant to a Combination Settlement shall equal the portion of the Redemption Price to be delivered in shares of Common Stock divided
by the product of (x) 92.5% and (y) the arithmetic average of the VWAP per share of Common Stock for each of the thirty (30) consecutive full Trading Days ending on the third Trading Day immediately preceding the Redemption Date. 

(ii) To exercise its Holder Redemption Right pursuant to this Section 10(a) in respect of any
Designated Redemption Date, a Holder must, no later than 5:00 p.m., New York City time, on the date that is at least 120 days prior to the Designated Redemption Date specified by the Holder therein, deliver written notice thereof (a “Notice
of Holder Redemption”) to the Company and the Transfer Agent and shall, on or prior to the Designated Redemption Date, surrender to the Transfer Agent the certificates representing the shares of Series A Preferred Stock to be redeemed by
the Company; provided that, such Holder will be entitled to revoke its Notice of Holder Redemption at any time but no later than 60 days prior to the Designated Redemption Date. On such Designated Redemption Date, the Company shall deliver or
cause to be delivered to each Holder that has exercised its Holder Redemption Right with respect to such Designated Redemption Date, cash by wire transfer and shares of Common Stock by book-entry form (unless requested otherwise by the Holder in
accordance with Section 10(a)(iv) below), the Redemption Price of the shares of Series A Preferred Stock in respect of which such Holder has delivered (and has not revoked in accordance with this Section 10(a)(ii)) a
Notice of Holder Redemption in accordance herewith. 
 (iii) In respect of any exercise of a Holder Redemption Right, if the
Company elects to deliver a notice (a “Settlement Notice”) of the relevant Settlement Method, the Company shall deliver such Settlement Notice to redeeming Holders, no later than the close of business on the second Trading Day
immediately following the date of the Notice of Holder Redemption. If the Company does not elect a Settlement Method for a particular exercise of a Holder Redemption Right prior to the deadline set forth in the

  
 22 

 
immediately preceding sentence, the Company shall be deemed to have elected Cash Settlement in respect of the redemption. Such Settlement Notice shall specify the relevant Settlement Method and
in the case of an election of Combination Settlement, the relevant Settlement Notice shall indicate the portion of the Redemption Price that shall be paid in shares of Common Stock. 

(iv) The cash portion of the Redemption Price of the shares of Series A Preferred Stock in respect of which such Holder has
delivered (and has not revoked in accordance with Section 10(a)(ii)) a Notice of Holder Redemption in accordance herewith shall be delivered by wire transfer. With respect to any Combination Settlement, the Person or Persons entitled to receive
the Common Stock issuable upon payment of the Redemption Price on such Redemption Date shall be treated for all purposes as the record holder(s) of such shares of Common Stock as of the close of business on the Designated Redemption Date. On the
Designated Redemption Date, the Company shall issue the number of whole shares of Common Stock issuable in connection with the applicable Redemption Price (and deliver payment of cash in lieu of fractional shares). Such delivery of shares of Common
Stock shall be made on book-entry basis, and if requested by the Holder, through the facilities of The Depositary Trust Company or in certificated form. Any such certificate or certificates shall be delivered by the Company to the appropriate Holder
on a book-entry basis, through the facilities of The Depositary Trust Company, or by mailing certificates evidencing the shares to the Holders at their respective addresses or in accordance with other instructions set forth in the Notice of Holder
Redemption. In the event that a Holder shall not by written notice designate the name in which shares of Common Stock (and payments of cash in lieu of fractional shares) to be delivered on such Redemption Date should be registered or paid, or the
manner in which such shares should be delivered, the Company shall be entitled to register and deliver such shares in the name of the Holder and in the manner shown on the records of the Company. 

(v) If a Holder does not elect to exercise its Holder Redemption Right pursuant to this Section 10(a)
with respect to all of its shares of Series A Preferred Stock (and has not revoked such exercise in accordance with Section 10(a)(ii)), the shares of Series A Preferred Stock held by it and not surrendered for redemption by the Company will
remain outstanding until otherwise subsequently converted, redeemed, reclassified or canceled. From and after the Redemption Date with respect to any share of Series A Preferred Stock for which a Holder elected to effect a Holder Redemption Right
and the Company has redeemed in accordance with the provisions of this Section 10(a), (i) Dividends shall cease to accrue on such share, (ii) such share shall no longer be deemed outstanding and (iii) all rights
with respect to such share shall cease and terminate. For the avoidance of doubt, notwithstanding anything contained herein to the contrary, until a share of Series A Preferred Stock is redeemed by the payment in full of the applicable Redemption
Price, such share of Series A Preferred Stock will remain outstanding and will be entitled to all of the powers, designations, preferences and other rights provided herein including the right to convert. 

  
 23 

 (b) In the event that a Holder Redemption Right is exercised with respect to shares of
Series A Preferred Stock representing less than all the shares of Series A Preferred Stock held by a Holder, upon such redemption, the Company shall execute and the Transfer Agent shall countersign and deliver to such Holder, at the expense of the
Company, a certificate representing the shares of Series A Preferred Stock held by the Holder as to which a Holder Redemption Right was not exercised (or book-entry interests representing such shares). 

(c) If the Company shall not have sufficient funds legally available under the DGCL to redeem, as of any Designated Redemption Date, all shares
of Series A Preferred Stock with respect to which Holders have exercised a Holder Redemption Right pursuant to Section 10(a), the Company shall redeem on such Designated Redemption Date, pro rata among the Holders that have
exercised their Holder Redemption Right, a number of shares of Series A Preferred Stock with an aggregate Redemption Price equal to the amount legally available under the DGCL for the redemption of shares of Series A Preferred Stock on such
Designated Redemption Date. At such time, as soon as practicable thereafter, that the Company has sufficient funds legally available under the DGCL to redeem such shares of Series A Preferred Stock not redeemed because of the foregoing limitation at
the applicable Redemption Price, the Company shall provide notice to the Holders of the availability of such funds and the Holders at that time may elect to invoke their Holder Redemption Right pursuant to and in accordance with the provisions of
Section 10(a). In addition, if the Company does not make the redemption payment as of any Designated Redemption Date relating to all of the shares of Series A Preferred Stock with respect to which Holders have exercised a
Holder Redemption Right pursuant to Section 10(a), the Company will pay Dividends on such shares not redeemed initially at a Dividend Rate equal to 8.0% per annum, which shall then increase by 0.50% on every three-month
anniversary of the Designated Redemption Date (but not, in any event, to greater than 11.0% per annum), accruing daily from the Designated Redemption Date until the Redemption Price, plus all Accrued Dividends thereon, are paid in full in respect of
such shares of Series A Preferred Stock. The inability of the Company to make a redemption payment for any reason shall not relieve the Company from its obligation to effect any required redemption when, as and if permitted by applicable law. 

SECTION 11. Anti-Dilution Adjustments. (a) Adjustments. The Conversion Rate will be subject to adjustment, without
duplication, upon the occurrence of the following events, except that the Company shall not make any adjustment to the Conversion Rate if Holders of the Series A Preferred Stock participate, at the same time and upon the same terms as holders of
Common Stock and solely as a result of holding shares of Series A Preferred Stock, in any transaction described in this Section 11(a), without having to convert their Series A Preferred Stock, as if they held a number of
shares of Common Stock equal to the Conversion Rate multiplied by the number of shares of Series A Preferred Stock held by such Holders: 

(i) The issuance of Common Stock as a dividend or distribution to all or substantially all holders of Common Stock, or a
subdivision or combination of Common Stock or a reclassification of Common Stock into a greater or lesser number of shares of Common Stock, in which event the Conversion Rate shall be adjusted based on the following formula: 

CR1 = CR0 x (OS1 / OS0) 

  
 24 

 CR0 = the Conversion Rate in effect
immediately prior to the close of business on (i) the Record Date for such dividend or distribution, or (ii) the effective date of such subdivision, combination or reclassification 

CR1 = the new Conversion Rate in effect immediately after the close of business on
(i) the Record Date for such dividend or distribution, or (ii) the effective date of such subdivision, combination or reclassification 

OS0 = the number of shares of Common Stock outstanding immediately prior to the close
of business on (i) the Record Date for such dividend or distribution or (ii) the effective date of such subdivision, combination or reclassification 

OS1 = the number of shares of Common Stock that would be outstanding immediately after,
and solely as a result of, the completion of such event 
 Any adjustment made pursuant to this clause (i) shall be
effective immediately after the close of business on the Record Date for such dividend or distribution, or the effective date of such subdivision, combination or reclassification. If any such event is announced or declared but does not occur, the
Conversion Rate shall be readjusted, effective as of the date the Board announces that such event shall not occur, to the Conversion Rate that would then be in effect if such event had not been declared. 

(ii) The dividend, distribution or other issuance to all or substantially all holders of Common Stock of rights (other than
rights, options or warrants distributed in connection with a stockholder rights plan (in which event the provisions of Section 11(a)(vii) shall apply)), options or warrants entitling them to subscribe for or purchase shares
of Common Stock for a period expiring forty-five (45) days or less from the date of issuance thereof, at a price per share that is less than the Current Market Price as of the Record Date for such issuance, in which event the Conversion Rate
will be increased based on the following formula: 
 CR1 = CR0 x [(OS0+X)] / (OS0+Y) 

CR0 = the Conversion Rate in effect immediately prior to the close of business on the
Record Date for such dividend, distribution or issuance 
 CR1 = the new Conversion
Rate in effect immediately following the close of business on the Record Date for such dividend, distribution or issuance 
 OS0 = the number of shares of Common Stock outstanding immediately prior to the close of business on the Record Date for such dividend, distribution or issuance 

X = the total number of shares of Common Stock issuable pursuant to such rights, options or warrants 

Y = the number of shares of Common Stock equal to the aggregate price payable to exercise such rights, options or warrants divided by the
Current Market Price as of the Record Date for such dividend, distribution or issuance. 

  
 25 

 For purposes of this clause (ii), in determining whether any rights, options
or warrants entitle the holders to purchase the Common Stock at a price per share that is less than the Current Market Price as of the Record Date for such dividend, distribution or issuance, there shall be taken into account any consideration the
Company receives for such rights, options or warrants, and any amount payable on exercise thereof, with the value of such consideration, if other than cash, to be the Fair Market Value thereof. 

Any adjustment made pursuant to this clause (ii) shall become effective immediately following the close of business on the
Record Date for such dividend, distribution or issuance. In the event that such rights, options or warrants are not so issued, the Conversion Rate shall be readjusted, effective as of the date the Board publicly announces its decision not to issue
such rights, options or warrants, to the Conversion Rate that would then be in effect if such dividend, distribution or issuance had not been declared. To the extent that such rights, options or warrants are not exercised prior to their expiration
or shares of Common Stock are otherwise not delivered pursuant to such rights, options or warrants upon the exercise of such rights, options or warrants, the Conversion Rate shall be readjusted to the Conversion Rate that would then be in effect had
the adjustments made upon the dividend, distribution or issuance of such rights, options or warrants been made on the basis of the delivery of only the number of shares of Common Stock actually delivered. 

(iii) The Company or one or more of its Subsidiaries purchases Common Stock pursuant to a tender offer or exchange offer (other
than an exchange offer that constitutes a Distribution Transaction subject to Section 11(a)(v)) by the Company or a Subsidiary of the Company for all or any portion of the Common Stock, or otherwise acquires Common Stock
(except (1) in an open market purchase in compliance with Rule 10b-18 promulgated under the Exchange Act, (2) through an “accelerated share repurchase” on customary terms or (3) in
connection with tax withholding upon vesting or settlement of options, restricted stock units, performance share units or other similar equity awards or upon forfeiture or cashless exercise of options or other equity awards) (a “Covered
Repurchase”), if the cash and value of any other consideration included in the payment per share of Common Stock validly tendered, exchanged or otherwise acquired through a Covered Repurchase exceeds the arithmetic average of the VWAP per
share of Common Stock for each of the ten (10) consecutive full Trading Days commencing on, and including, the Trading Day next succeeding the last day on which tenders or exchanges may be made pursuant to such tender or exchange offer (as it
may be amended) or shares of Common Stock are otherwise acquired through a Covered Repurchase (the “Expiration Date”), in which event the Conversion Rate shall be increased based on the following formula: 

CR1 = CR0 x [(FMV + (SP1 x OS1))] / (SP1 x OS0) 

CR0 = the Conversion Rate in effect immediately prior to the close of business on the
Expiration Date 
 CR1 = the new Conversion Rate in effect immediately after the
close of business on the Expiration Date 

  
 26 

 FMV = the Fair Market Value, on the Expiration Date, of all cash and any other consideration
paid or payable for all shares validly tendered or exchanged and not withdrawn, or otherwise acquired through a Covered Repurchase, as of the Expiration Date 

OS0 = the number of shares of Common Stock outstanding immediately prior to the last
time tenders or exchanges may be made pursuant to such tender or exchange offer (including the shares to be purchased in such tender or exchange offer) or shares are otherwise acquired through a Covered Repurchase 

OS1 = the number of shares of Common Stock outstanding immediately after the last time
tenders or exchanges may be made pursuant to such tender or exchange offer (after giving effect to the purchase of shares in such tender or exchange offer) or shares are otherwise acquired through a Covered Repurchase 

SP1 = the arithmetic average of the VWAP per share of Common Stock for each of the ten
(10) consecutive full Trading Days commencing on, and including, the Trading Day next succeeding the Expiration Date 

Such adjustment shall become effective immediately after the close of business on the Expiration Date. If an adjustment to the
Conversion Rate is required under this Section 11(a)(iii), delivery of any additional shares of Common Stock that may be deliverable upon conversion as a result of an adjustment required under this
Section 11(a)(iii) shall be delayed to the extent necessary in order to complete the calculations provided for in this Section 11(a)(iii). 

In the event that the Company or any of its Subsidiaries is obligated to purchase Common Stock pursuant to any such tender
offer, exchange offer or other commitment to acquire shares of Common Stock through a Covered Repurchase but is permanently prevented by applicable law from effecting any such purchases, or all such purchases are rescinded, then the Conversion Rate
shall be readjusted to be the Conversion Rate that would have been then in effect if such tender offer, exchange offer or Covered Repurchase had not been made. 

(iv) The Company shall, by dividend or otherwise, distribute to all or substantially all holders of its Common Stock (other
than for cash in lieu of fractional shares), shares of any class of its Capital Stock, evidences of its indebtedness, assets, other property or securities, but excluding (A) dividends or distributions referred to in
Section 11(a)(i) or Section 11(a)(ii) hereof, (B) Distribution Transactions as to which Section 11(a)(v) shall apply, (C) dividends or distributions paid
exclusively in cash as to which Section 11(a)(vi) shall apply and (D) rights, options or warrants distributed in connection with a stockholder rights plan as to which Section 11(a)(vii) shall
apply (any of such shares of its Capital Stock, indebtedness, assets or property that are not so excluded are hereinafter called the “Distributed Property”), then, in each such case the Conversion Rate shall be increased based on
the following formula: 
 CR1 =
CR0 x [SP0 / (SP0 - FMV)] 

  
 27 

 CR0 = the Conversion Rate in effect
immediately prior to the close of business on the Record Date for such dividend or distribution 
 CR1 = the new Conversion Rate in effect immediately after the close of business on the Record Date for such dividend or distribution 

SP0 = the Current Market Price as of the Record Date for such dividend or distribution

 FMV = the Fair Market Value of the portion of Distributed Property distributed with respect to each outstanding share of Common Stock on
the Record Date for such dividend or distribution; provided that, if FMV is equal or greater than SP0, then in lieu of the foregoing adjustment, the Company shall distribute to each
holder of Series A Preferred Stock on the date the applicable Distributed Property is distributed to holders of Common Stock, but without requiring such holder to convert its shares of Series A Preferred Stock, in respect of each share of Series A
Preferred Stock held by such holder, the amount of Distributed Property such holder would have received had such holder owned a number of shares of Common Stock equal to the Conversion Rate on the Record Date for such dividend or distribution 

Any adjustment made pursuant to this clause (iv) shall be effective immediately after the close of business on the Record
Date for such dividend or distribution. If any such dividend or distribution is declared but does not occur, the Conversion Rate shall be readjusted, effective as of the date the Board announces that such dividend or distribution shall not occur, to
the Conversion Rate that would then be in effect if such dividend or distribution had not been declared. 
 (v) The Company
effects a Distribution Transaction, in which case the Conversion Rate in effect immediately prior to the effective date of the Distribution Transaction shall be increased based on the following formula: 

CR1 = CR0 x [(FMV + MP0) / MP0] 
 CR0 = the Conversion Rate in effect immediately prior to the close of business on the effective date of the Distribution Transaction 

CR1 = the new Conversion Rate in effect immediately after the close of business on the
effective date of the Distribution Transaction 
 FMV = the arithmetic average of the volume-weighted average prices for a share of the
capital stock or other interest distributed to holders of Common Stock on the principal United States securities exchange or automated quotation system on which such capital stock or other interest trades, as reported by Bloomberg (or, if Bloomberg
ceases to publish such price, any successor service chosen by the Company) in respect of the period from the open of trading on the relevant Trading Day until the close of trading on such Trading Day (or if such volume-weighted average price is
unavailable, the market price of one share of such capital stock or other interest on such Trading Day determined, using a volume-weighted average method, by an Independent Financial Advisor retained for such purpose by the Company), for each of the
ten consecutive full Trading Days commencing with, and including, the effective date of the Distribution Transaction 

  
 28 

 MP0 = the arithmetic average of the
VWAP per share of Common Stock for each of the ten (10) consecutive full Trading Days commencing on, and including, the effective date of the Distribution Transaction 

Such adjustment shall become effective immediately following the close of business on the effective date of the Distribution
Transaction. If an adjustment to the Conversion Rate is required under this Section 11(a)(v), delivery of any additional shares of Common Stock that may be deliverable upon conversion as a result of an adjustment required
under this Section 11(a)(v) shall be delayed to the extent necessary in order to complete the calculations provided for in this Section 11(a)(v). 

(vi) The Company makes a cash dividend or distribution to all or substantially all holders of the Common Stock, the Conversion
Rate shall be increased based on the following formula: 
 CR1 = CR0 x [SP0 / (SP0 – C)] 

CR0 = the Conversion Rate in effect immediately prior to the close of business on the
Record Date for such dividend or distribution 
 CR1 = the new Conversion Rate in
effect immediately after the close of business on the Record Date for such dividend or distribution 
 SP0 = the Current Market Price as of the Record Date for such dividend or distribution 
 C
= the amount in cash per share of Common Stock the Company distributes to all or substantially all holders of its Common Stock; provided that, if C is equal or greater than SP0, then in
lieu of the foregoing adjustment, the Company shall pay to each holder of Series A Preferred Stock on the date the applicable cash dividend or distribution is made to holders of Common Stock, but without requiring such holder to convert its shares
of Series A Preferred Stock, in respect of each share of Series A Preferred Stock held by such holder, the amount of cash such holder would have received had such holder owned a number of shares of Common Stock equal to the Conversion Rate on the
Record Date for such dividend or distribution 
 Any adjustment made pursuant to this clause (vi) shall be effective
immediately after the close of business on the Record Date for such dividend or distribution. If any dividend or distribution is declared but not paid, the Conversion Rate shall be readjusted, effective as of the date the Board announces that such
dividend or distribution will not be paid, to the Conversion Rate that would then be in effect if such had dividend or distribution not been declared. 

(vii) If the Company has a stockholder rights plan in effect with respect to the Common Stock on any Conversion Date, upon
conversion of any shares of the Series A Preferred Stock, Holders of such shares will receive, in addition to the applicable number of shares of Common Stock, the rights under such rights plan relating to such Common Stock, unless, prior to such
Conversion Date, the rights have (i) become exercisable or (ii) separated from the shares of Common Stock (the first of such events to occur, a 

  
 29 

 
“Trigger Event”), in which case, the Conversion Rate will be adjusted, effective automatically at the time of such Trigger Event, as if the Company had made a distribution of
such rights to all holders of the Company Common Stock as described in Section 11(a)(ii) (without giving effect to the forty-five (45) day limit on the exercisability of rights, options or warrants ordinarily subject
to such Section 11(a)(ii)), subject to appropriate readjustment in the event of the expiration, termination or redemption of such rights prior to the exercise, deemed exercise or exchange thereof. Notwithstanding the
foregoing, to the extent any such stockholder rights are exchanged by the Company for shares of Common Stock or other property or securities, the Conversion Rate shall be appropriately readjusted as if such stockholder rights had not been issued,
but the Company had instead issued such shares of Common Stock or other property or securities as a dividend or distribution of shares of Common Stock pursuant to Section 11(a)(i) or
Section 11(a)(iv), as applicable. 
 To the extent that such rights are not exercised prior to their
expiration, termination or redemption, the Conversion Rate shall be readjusted to the Conversion Rate that would then be in effect had the adjustments made upon the occurrence of the Trigger Event been made on the basis of the issuance of, and the
receipt of the exercise price with respect to, only the number of shares of Common Stock actually issued pursuant to such rights. 

Notwithstanding anything to the contrary in this Section 11(a)(vii), no adjustment shall be required
to be made to the Conversion Rate with respect to any Holder which is, or is an “affiliate” or “associate” of, an “acquiring person” under such stockholder rights plan or with respect to any direct or indirect
transferee of such Holder who receives Series A Preferred Stock in such transfer after the time such Holder becomes, or its affiliate or associate becomes, such an “acquiring person”. 

(b) Calculation of Adjustments. All adjustments to the Conversion Rate shall be calculated by the Company to the nearest 1/10,000th of
one share of Common Stock (or if there is not a nearest 1/10,000th of a share, to the next lower 1/10,000th of a share). No adjustment to the Conversion Rate will be required unless such adjustment would require an increase or decrease of at least
one percent of the Conversion Rate; provided, however, that any such adjustment that is not required to be made will be carried forward and taken into account in any subsequent adjustment; provided, further that any such
adjustment of less than one percent that has not been made will be made upon any Conversion Date or redemption or repurchase date. 
 (c)
When No Adjustment Required. (i) Except as otherwise provided in this Section 11, the Conversion Rate will not be adjusted for the issuance of Common Stock or any securities convertible into or exchangeable for
Common Stock or carrying the right to purchase any of the foregoing, or for the repurchase of Common Stock. 
 (ii) Except as
otherwise provided in this Section 11, the Conversion Rate will not be adjusted as a result of the issuance of, the distribution of separate certificates representing, the exercise or redemption of, or the termination or
invalidation of, rights pursuant to any stockholder rights plans. 

  
 30 

 (iii) No adjustment to the Conversion Rate will be made: 

(A) upon the issuance of any shares of Common Stock pursuant to any present or future plan providing for the reinvestment of
dividends or interest payable on securities of the Company and the investment of additional optional amounts in Common Stock under any plan in which purchases are made at market prices on the date or dates of purchase, without discount, and whether
or not the Company bears the ordinary costs of administration and operation of the plan, including brokerage commissions; 

(B) upon the issuance of any shares of Common Stock or options or rights to purchase such shares pursuant to any present or
future employee, director or consultant benefit plan or program of or assumed by the Company or any of its Subsidiaries or of any employee agreements or arrangements or programs; 

(C) upon the issuance of any shares of Common Stock pursuant to any option, warrant, right, or exercisable, exchangeable or
convertible security, including the Series A Preferred Stock; 
 (D) for a change in the par value of the Common Stock; or

 (E) as a result of the Acquisition, the Refinancing or the Debt Financing, including the issuance of any shares of Common
Stock or options or rights to purchase such shares or any other equity awards in connection with the Acquisition. 
 (d) Successive
Adjustments. After an adjustment to the Conversion Rate under this Section 11, any subsequent event requiring an adjustment under this Section 11 shall cause an adjustment to each such
Conversion Rate as so adjusted. 
 (e) Multiple Adjustments. For the avoidance of doubt, if an event occurs that would trigger an
adjustment to the Conversion Rate pursuant to this Section 11 under more than one subsection hereof, such event, to the extent fully taken into account in a single adjustment, shall not result in multiple adjustments
hereunder; provided, however, that if more than one subsection of this Section 11 is applicable to a single event, the subsection shall be applied that produces the largest adjustment. 

(f) Notice of Adjustments. Whenever the Conversion Rate is adjusted as provided under this Section 11, the
Company shall as soon as reasonably practicable following the occurrence of an event that requires such adjustment (or if the Company is not aware of such occurrence, as soon as reasonably practicable after becoming so aware): 

(i) compute the adjusted applicable Conversion Rate in accordance with this Section 11 and prepare
and transmit to the Conversion Agent an Officer’s Certificate setting forth the applicable Conversion Rate, the method of calculation thereof, and the facts requiring such adjustment and upon which such adjustment is based; and 

  
 31 

 (ii) provide a written notice to the Holders of the occurrence of such event
and a statement in reasonable detail setting forth the method by which the adjustment to the applicable Conversion Rate was determined and setting forth the adjusted applicable Conversion Rate. 

(g) Conversion Agent. The Conversion Agent shall not at any time be under any duty or responsibility to any Holder to determine whether
any facts exist that may require any adjustment of the Conversion Rate or with respect to the nature or extent or calculation of any such adjustment when made, or with respect to the method employed in making the same. The Conversion Agent shall be
fully authorized and protected in relying on any Officer’s Certificate delivered pursuant to this Section 11(g) and any adjustment contained therein and the Conversion Agent shall not be deemed to have knowledge of any
adjustment unless and until it has received such certificate. The Conversion Agent shall not be accountable with respect to the validity or value (or the kind or amount) of any shares of Common Stock, or of any securities or property, that may at
the time be issued or delivered with respect to any Series A Preferred Stock and the Conversion Agent makes no representation with respect thereto. The Conversion Agent shall not be responsible for any failure of the Company to issue, transfer or
deliver any shares of Common Stock pursuant to the conversion of Series A Preferred Stock or to comply with any of the duties, responsibilities or covenants of the Company contained in this Section 11. 

(h) Fractional Shares. No fractional shares of Common Stock will be delivered to the Holders upon conversion. In lieu of fractional
shares otherwise issuable, the Holders will be entitled to receive, at the Company’s sole discretion, either (i) an amount in cash equal to the fraction of a share of Common Stock multiplied by the Closing Price of the Common Stock on the
Trading Day immediately preceding the applicable Conversion Date or (ii) one additional whole share of Common Stock. In order to determine whether the number of shares of Common Stock to be delivered to a Holder upon the conversion of such
Holder’s shares of Series A Preferred Stock will include a fractional share, such determination shall be based on the aggregate number of shares of Series A Preferred Stock of such Holder that are being converted on any single Conversion Date.

 SECTION 12. Adjustment for Reorganization Events. 

(a) Reorganization Events. In the event of: 

(i) any reclassification, statutory exchange, merger, consolidation or other similar business combination of the Company with
or into another Person, in each case, pursuant to which at least a majority of the Common Stock is changed or converted into, or exchanged for, cash, securities or other property of the Company or another Person; 

(ii) any sale, transfer, lease or conveyance to another Person of all or a majority of the property and assets of the Company,
in each case pursuant to which the Common Stock is converted into cash, securities or other property; or 
 (iii) any
statutory exchange of securities of the Company with another Person (other than in connection with a merger or acquisition) or reclassification, recapitalization or reorganization of the Common Stock into other securities; 

  
 32 

 (each of which is referred to as a “Reorganization Event”), each share of Series A
Preferred Stock outstanding immediately prior to such Reorganization Event will, without the consent of the Holders and subject to Section 12(d) and Section 13(b), remain outstanding but shall
become convertible into, out of funds legally available therefor, the number, kind and amount of securities, cash and other property (the “Exchange Property”) (without any interest on such Exchange Property and without any right to
dividends or distribution on such Exchange Property which have a record date that is prior to the applicable Conversion Date) that the Holder of such share of Series A Preferred Stock would have received in such Reorganization Event had such Holder
converted its shares of Series A Preferred Stock into the applicable number of shares of Common Stock immediately prior to the effective date of the Reorganization Event using the Conversion Rate applicable immediately prior to the effective date of
the Reorganization Event and the Liquidation Preference applicable at the time of such subsequent conversion; provided that the foregoing shall not apply if such Holder is a Person with which the Company consolidated or into which the Company
merged or which merged into the Company or to which such sale or transfer was made, as the case may be (any such Person, a “Constituent Person”), or an Affiliate of a Constituent Person, to the extent such Reorganization Event
provides for different treatment of Common Stock held by such Constituent Persons or such Affiliate thereof. If the kind or amount of securities, cash and other property receivable upon such Reorganization Event is not the same for each share of
Common Stock held immediately prior to such Reorganization Event by a Person (other than a Constituent Person or an Affiliate thereof), then for the purpose of this Section 12(a), the kind and amount of securities, cash and
other property receivable upon conversion following such Reorganization Event will be deemed to be the weighted average of the types and amounts of consideration received by the holders of Common Stock. 

(b) Successive Reorganization Events. The above provisions of this Section 12 shall similarly apply to
successive Reorganization Events and the provisions of Section 11 shall apply to any shares of Capital Stock received by the holders of the Common Stock in any such Reorganization Event. 

(c) Reorganization Event Notice. The Company (or any successor) shall, no less than thirty (30) days prior to the anticipated
effective date of any Reorganization Event, provide written notice to the Holders of such occurrence of such event and of the kind and amount of the cash, securities or other property that constitutes the Exchange Property. Failure to deliver such
notice shall not affect the operation of this Section 12. 
 (d) Reorganization Event Agreements. The
Company shall not enter into any agreement for a transaction constituting a Reorganization Event unless (i) such agreement provides for or does not interfere with or prevent (as applicable) conversion of the Series A Preferred Stock into the
Exchange Property in a manner that is consistent with and gives effect to this Section 12, and (ii) to the extent that the Company is not the surviving corporation in such Reorganization Event or will be dissolved in
connection with such Reorganization Event, proper provision shall be made in the agreements governing such Reorganization Event for the conversion of the Series A Preferred Stock into stock of the Person surviving such Reorganization Event or such
other continuing entity in such Reorganization Event. 

  
 33 

 SECTION 13. Voting Rights. 

(a) General. Except as provided in Section 13(b) and Section 14, Holders of shares
of Series A Preferred Stock shall be entitled to vote as a single class with the holders of the Common Stock and the holders of any other class or series of Capital Stock of the Company then entitled to vote with the Common Stock on all matters
submitted to a vote of the holders of Common Stock (and, if applicable, holders of any other class or series of Capital Stock of the Company). Each Holder shall be entitled to the number of votes, not to exceed such Holder’s Individual Holder
Share Cap, equal to the product of (i) the largest number of whole shares of Common Stock into which all shares of Series A Preferred Stock could be converted pursuant to Section 6 (taking into account the Conversion
Restrictions to the extent applicable) multiplied by (ii) a fraction the numerator of which is the number of shares of Series A Preferred Stock held by such Holder and the denominator of which is the aggregate number of issued and outstanding
shares of Series A Preferred Stock, in each case at and calculated as of the record date for the determination of stockholders entitled to vote or consent on such matters or, if no such record date is established, at and as of the date such vote or
consent is taken or any written consent of stockholders is first executed. The Holders shall be entitled to notice of any meeting of holders of Common Stock in accordance with the Certificate of Incorporation and Bylaws of the Company. 

(b) Adverse Changes. The vote or consent of the Holders of at least a majority of the shares of Series A Preferred Stock outstanding at
such time, voting together as a separate class, given in person or by proxy, either in writing without a meeting or by vote at any meeting called for the purpose, will be necessary for effecting or validating any of the following actions, whether or
not such approval is required pursuant to the DGCL: 
 (i) any amendment, alteration or repeal (whether by merger,
consolidation or otherwise) of any provision of the Certificate of Incorporation (including this Certificate of Designations) or Bylaws that would have an adverse effect on the rights, preferences, privileges or voting power of the Series A
Preferred Stock or the Holder thereof; 
 (ii) any amendment or alteration (whether by merger, consolidation or otherwise)
of, or any supplement (whether by a certificate of designations or otherwise) to, the Certificate of Incorporation or any provision thereof, or any other action to authorize or create, or increase the number of authorized or issued shares of, or any
securities convertible into shares of, or reclassify any security into, or issue, any Parity Stock or Senior Stock or any other class or series of Capital Stock of the Company ranking senior to, or on a parity basis with, the Series A Preferred
Stock as to dividend rights or rights on the distribution of assets on any voluntary or involuntary liquidation, dissolution or winding up of the affairs of the Company; and 

(iii) any issuance of shares of Series A Preferred Stock after the Issuance Date other than shares issued as PIK Dividends with
respect to shares of Series A Preferred Stock that were issued on the Issuance Date. 

  
 34 

 provided, however, (A) that, with respect to the occurrence of any of the events set
forth in clause (i) above, so long as (1) the Series A Preferred Stock remains outstanding with the terms thereof materially unchanged, or (2) the holders of the Series A Preferred Stock receive equity securities with rights,
preferences, privileges and voting power substantially the same as those of the Series A Preferred Stock, then the occurrence of such event shall not be deemed to adversely affect such rights, preferences, privileges or voting power of the Series A
Preferred Stock, and in such case such holders shall not have any voting rights with respect to the occurrence of any of the events set forth in clause (i) above and (B) that the authorization or creation of, or the increase in the number
of authorized or issued shares of, or any securities convertible into shares of, or the reclassification of any security (other than the Series A Preferred Stock) into, or the issuance of, Junior Stock will not require the vote the holders of the
Series A Preferred Stock. 
 For purposes of this Section 13, the filing in accordance with applicable law of a
certificate of designations or any similar document setting forth or changing the designations, powers, preferences, rights, qualifications, limitations and restrictions of any class or series of stock of the Company shall be deemed an amendment to
the Certificate of Incorporation. 
 (c) Each Holder of Series A Preferred Stock will have one vote per share on any matter on which Holders
of Series A Preferred Stock are entitled to vote separately as a class, whether at a meeting or by written consent. 
 (d) The vote or
consent of the Holders of a majority of the shares of Series A Preferred Stock outstanding at such time, voting together as a single class, given in person or by proxy, either in writing without a meeting or by vote at any meeting called for the
purpose, will be sufficient to waive or amend the provisions of Section 9(j) of this Certificate of Designations, and any amendment or waiver of any of the provisions of Section 9(j) approved by
such percentage of the Holders shall be binding on all of the Holders. 
 (e) For the avoidance of doubt and notwithstanding anything to the
contrary in the Certificate of Incorporation or Bylaws of the Company, the Holders of Series A Preferred Stock shall have the exclusive consent and voting rights set forth in Sections 13(b) and 14 and may take action or consent to any
action with respect to such rights without a meeting by delivering a consent in writing or by electronic transmission of the Holders of the Series A Preferred Stock entitled to cast not less than the minimum number of votes that would be necessary
to authorize, take or consent to such action at a meeting of stockholders. 
 SECTION 14. Election of Directors. Provided that the
Fall-Away of Investor Board Rights has not occurred, (i) the Holders of a majority of the then outstanding shares of Series A Preferred Stock shall have, at each annual meeting of the Company’s stockholders at which the Board is obligated
to nominate one or more Investor Designees for election to the Board pursuant to and in accordance with the Investment Agreement, the exclusive right, voting separately as a class, to elect or appoint such Investor Designee(s) to the Board,
irrespective of whether the Board has nominated such Investor Designee(s), (ii) notwithstanding anything to the contrary in the Certificate of Incorporation or Bylaws, the Holders of a majority of the then outstanding shares of Series A Preferred
Stock shall have the exclusive right to remove any Investor Designee(s) at any time for any reason or no reason (with or without cause) by sending a written notice to the Company and, upon receipt of such notice by the Company, such Investor
Designee(s) shall be deemed to have resigned from the Board, and (iii) in the event of the death, disability, resignation or removal of any Investor Designee(s), the Investor Parties shall have the

  
 35 

 
exclusive right to designate or appoint a successor to fill the vacancy created thereby. The Board and the holders of Common Stock shall not have the right to remove any Investor Designee from
the Board (even for cause), such right of removal being vested exclusively with the Holders of a majority of the then outstanding shares of Series A Preferred Stock. 

SECTION 15. Preemptive Rights. Except for the right to participate in any issuance of new equity securities by the Company, as set forth
in the Investment Agreement, the Holders shall not have any preemptive rights. 
 SECTION 16. Term. Except as expressly provided in
this Certificate of Designations, the shares of Series A Preferred Stock shall not be redeemable or otherwise mature and the term of the Series A Preferred Stock shall be perpetual. 

SECTION 17. Creation of Capital Stock. Subject to Section 13(b)(ii), the Board, or any duly authorized
committee thereof, without the vote of the Holders, may authorize and issue additional shares of Capital Stock of the Company. 
 SECTION 18.
No Sinking Fund. Shares of Series A Preferred Stock shall not be subject to or entitled to the operation of a retirement or sinking fund. 

SECTION 19. Transfer Agent, Conversion Agent, Registrar and Paying Agent. The duly appointed Transfer Agent, Conversion Agent, Registrar
and paying agent for the Series A Preferred Stock shall be American Stock Transfer & Trust Company, LLC. The Company may, in its sole discretion, appoint any other Person to serve as Transfer Agent, Conversion Agent, Registrar or paying
agent for the Series A Preferred Stock and thereafter may remove or replace such other Person at any time. Upon any such appointment or removal, the Company shall send notice thereof by first class mail, postage prepaid, to the Holders. 

SECTION 20. Replacement Certificates. (a) Mutilated, Destroyed, Stolen and Lost Certificates. If physical certificates
evidencing the Series A Preferred Stock are issued, the Company shall replace any mutilated certificate at the Holder’s expense upon surrender of that certificate to the Transfer Agent. The Company shall replace certificates that become
destroyed, stolen or lost at the Holder’s expense upon delivery to the Company and the Transfer Agent of satisfactory evidence that the certificate has been destroyed, stolen or lost, together with any indemnity that may be required by the
Transfer Agent and the Company. 
 (b) Certificates Following Conversion. If physical certificates representing the Series A Preferred
Stock are issued, the Company shall not be required to issue replacement certificates representing shares of Series A Preferred Stock on or after the Conversion Date applicable to such shares. In place of the delivery of a replacement certificate
following the applicable Conversion Date, the Transfer Agent, upon receipt of the satisfactory evidence and indemnity described in clause (a) above, shall deliver the shares of Common Stock issuable upon conversion of such shares of Series A
Preferred Stock formerly evidenced by the physical certificate. 

  
 36 

 SECTION 21. Taxes. (a) Transfer Taxes. The Company shall pay any and all
stock transfer, documentary, stamp and similar taxes that may be payable in respect of any issuance or delivery of shares of Series A Preferred Stock or shares of Common Stock or other securities issued on account of Series A Preferred Stock
pursuant hereto or certificates representing such shares or securities. However, in the case of conversion of Series A Preferred Stock, the Company shall not be required to pay any such tax that may be payable in respect of any transfer involved in
the issuance or delivery of shares of Series A Preferred Stock, shares of Common Stock or other securities to a beneficial owner other than the beneficial owner of the Series A Preferred Stock immediately prior to such conversion, and shall not be
required to make any such issuance, delivery or payment unless and until the Person otherwise entitled to such issuance, delivery or payment has paid to the Company the amount of any such tax or has established, to the satisfaction of the Company,
that such tax has been paid or is not payable. 
 (b) Withholding. All payments and distributions (or deemed distributions) on the
shares of Series A Preferred Stock (and on the shares of Common Stock received upon their conversion) shall be subject to withholding and backup withholding of taxes to the extent required by law, subject to applicable exemptions, and amounts
withheld, if any, shall be treated as received by the Holders. 
 SECTION 22. Notices. All notices referred to herein shall be in
writing and, unless otherwise specified herein, all notices hereunder shall be deemed to have been given upon the earlier of receipt thereof or three (3) Business Days after the mailing thereof if sent by registered or certified mail with
postage prepaid, or by private courier service addressed: (i) if to the Company, to its office at CommScope Holding Company, Inc., 1100 CommScope Place, SE Hickory, North Carolina 28602 (Attention: General Counsel), (ii) if to any Holder, to
such Holder at the address of such Holder as listed in the stock record books of the Company (which may include the records of the Transfer Agent) or (iii) to such other address as the Company or any such Holder, as the case may be, shall have
designated by notice similarly given. 
 SECTION 23. Facts Ascertainable. When the terms of this Certificate of Designations refers to
a specific agreement or other document to determine the meaning or operation of a provision hereof, the Secretary of the Company shall maintain a copy of such agreement or document at the principal executive offices of the Company and a copy thereof
shall be provided free of charge to any Holder who makes a request therefor. The Secretary of the Company shall also maintain a written record of the Issuance Date, the number of shares of Series A Preferred Stock issued to a Holder and the date of
each such issuance, and shall furnish such written record free of charge to any Holder who makes a request therefor. 
 SECTION 24.
Waiver. Notwithstanding any provision in this Certificate of Designations to the contrary, any provision contained herein and any right of the Holders of Series A Preferred Stock granted hereunder may be waived as to all shares of Series A
Preferred Stock (and the Holders thereof) upon the vote or written consent of the Holders of a majority of the shares of Series A Preferred Stock then outstanding. 

SECTION 25. Severability. If any term of the Series A Preferred Stock set forth herein is invalid, unlawful or incapable of being
enforced by reason of any rule of law or public policy, all other terms set forth herein which can be given effect without the invalid, unlawful or unenforceable term will, nevertheless, remain in full force and effect, and no term herein set forth
will be deemed dependent upon any other such term unless so expressed herein. 

  
 37 

 SECTION 26. Business Opportunities. To the fullest extent permitted by
Section 122(17) of the DGCL (or any successor provision) and except as may be otherwise expressly agreed in writing by the Company and the Investor Parties, the Company, on behalf of itself and its Subsidiaries, renounces any interest or
expectancy of the Company and its Subsidiaries in, or in being offered an opportunity to participate in, business opportunities, that are from time to time presented to the Investor Parties or any of their respective officers, representatives,
directors, agents, stockholders, members, partners, Affiliates, Subsidiaries (other than the Company and its Subsidiaries), or any of their respective designees on the Company’s Board and/or any of their respective representatives who, from
time to time, may act as officers of the Company, even if the opportunity is one that the Company or its Subsidiaries might reasonably be deemed to have pursued or had the ability or desire to pursue if granted the opportunity to do so, and no such
person shall be liable to the Company or any of its Subsidiaries for breach of any fiduciary or other duty, as a director or officer or otherwise, by reason of the fact that such person pursues or acquires such business opportunity, directs such
business opportunity to another person or fails to present such business opportunity, or information regarding such business opportunity, to the Company or its Subsidiaries unless, in the case of any such person who is a director or officer of the
Company, such business opportunity is expressly offered to such director or officer in writing solely in his or her capacity as a director or officer of the Company. Any Person purchasing or otherwise acquiring any interest in any shares of Capital
Stock of the Company shall be deemed to have notice of and consented to the provisions of this Section 26. Neither the alteration, amendment or repeal of this Section 26, nor the adoption of any
provision of the Certificate of Incorporation or this Certificate of Designations inconsistent with this Section 26, nor, to the fullest extent permitted by Delaware law, any modification of law, shall eliminate or reduce
the effect of this Section 26 in respect of any business opportunity first identified or any other matter occurring, or any cause of action, suit or claim that, but for this Section 26, would
accrue or arise, prior to such alteration, amendment, repeal, adoption or modification. If any provision or provisions of this Section 26 shall be held to be invalid, illegal or unenforceable as applied to any circumstance
for any reason whatsoever: (a) the validity, legality and enforceability of such provisions in any other circumstance and of the remaining provisions of this Section 26 (including, without limitation, each portion of
any paragraph of this Section 26 containing any such provision held to be invalid, illegal or unenforceable that is not itself held to be invalid, illegal or unenforceable) shall not in any way be affected or impaired
thereby and (b) to the fullest extent possible, the provisions of this Section 26 (including, without limitation, each such portion of any paragraph of this Section 26 containing any such
provision held to be invalid, illegal or unenforceable) shall be construed so as to permit the Company to protect its directors, officers, employees and agents from personal liability in respect of their good faith service to or for the benefit of
the Company to the fullest extent permitted by law. This Section 26 shall not limit any protections or defenses available to, or indemnification or advancement rights of, any director, officer, employee or agent of the
Company under the Certificate of Incorporation, the Bylaws, any other agreement between the Company and such director, officer, employee or agent or applicable law. 

[Signature Page Follows] 

  
 38 

 IN WITNESS WHEREOF, the Company has caused this Certificate of Designations to be executed
this [•] day of [•]. 
  

			
	COMMSCOPE HOLDING COMPANY, INC.
	    by	 	
		 	  

		 	Name:
		 	Title:

 ANNEX II 

[FORM OF] 
 REGISTRATION RIGHTS
AGREEMENT 
 by and between 

COMMSCOPE HOLDING COMPANY, INC. 

and 
 CARLYLE PARTNERS VII S1
HOLDINGS, L.P. 
 Dated as of [•] 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	ARTICLE I	  

	
	Resale Shelf Registration	  

			
	 Section 1.1
	 	Resale Shelf Registration Statement	  	 	1	 
	 Section 1.2
	 	Effectiveness Period	  	 	1	 
	 Section 1.3
	 	Subsequent Shelf Registration Statement	  	 	2	 
	 Section 1.4
	 	Supplements and Amendments	  	 	2	 
	 Section 1.5
	 	Subsequent Holder Notice	  	 	2	 
	 Section 1.6
	 	Underwritten Offering	  	 	3	 
	 Section 1.7
	 	Take-Down Notice	  	 	4	 
	 Section 1.8
	 	Piggyback Registration	  	 	4	 
	 Section 1.9
	 	Rule 144A Sales	  	 	5	 
	
	ARTICLE II	  

	
	Additional Provisions Regarding Registration Rights	  

			
	 Section 2.1
	 	Registration Procedures	  	 	5	 
	 Section 2.2
	 	Suspension	  	 	9	 
	 Section 2.3
	 	Expenses of Registration	  	 	9	 
	 Section 2.4
	 	Information by Holders	  	 	9	 
	 Section 2.5
	 	Rule 144	  	 	11	 
	 Section 2.6
	 	Investor Holdback Agreement	  	 	11	 
	 Section 2.7
	 	Company Holdback Agreement	  	 	12	 
	
	ARTICLE III	  

	
	Indemnification	  

	 Section 3.1
	 	Indemnification by Company	  	 	12	 
	 Section 3.2
	 	Indemnification by Holders	  	 	13	 
	 Section 3.3
	 	Notification	  	 	13	 
	 Section 3.4
	 	Contribution	  	 	14	 
	
	ARTICLE IV	  

	
	Transfer and Termination of Registration Rights	  

	 Section 4.1
	 	Transfer of Registration Rights	  	 	15	 
	 Section 4.2
	 	Termination of Registration Rights	  	 	15	 

  
 i 

							
	ARTICLE V	  

	
	Miscellaneous	  

	 Section 5.1
	 	 Amendments and Waivers
	  	 	15	 
	 Section 5.2
	 	 Extension of Time, Waiver, Etc.
	  	 	15	 
	 Section 5.3
	 	 Assignment
	  	 	16	 
	 Section 5.4
	 	 Counterparts
	  	 	16	 
	 Section 5.5
	 	 Entire Agreement; No Third Party Beneficiary
	  	 	16	 
	 Section 5.6
	 	 Governing Law; Jurisdiction
	  	 	16	 
	 Section 5.7
	 	 Specific Enforcement
	  	 	17	 
	 Section 5.8
	 	 Waiver of Jury Trial
	  	 	17	 
	 Section 5.9
	 	 Notices
	  	 	17	 
	 Section 5.10
	 	 Severability
	  	 	19	 
	 Section 5.11
	 	 Expenses
	  	 	19	 
	 Section 5.12
	 	 Interpretation
	  	 	19	 
	 Section 5.13
	 	 Investor
	  	 	19	 

  
 ii 

 REGISTRATION RIGHTS AGREEMENT 

This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as of [•], by and among COMMSCOPE HOLDING COMPANY,
INC., a Delaware corporation (the “Company”), and CARLYLE PARTNERS VII S1 HOLDINGS, L.P. (together with its successors and assigns, the “Investor”). Capitalized terms used but not defined elsewhere herein are
defined in Exhibit A. The Investor and any other party that may become a party hereto pursuant to Section 4.1 are referred to collectively as the “Stockholders” and individually each as a
“Stockholder”. 
 WHEREAS, the Company and the Investor are parties to the Investment Agreement, dated as of
November 8, 2018 (as amended from time to time, the “Investment Agreement”), pursuant to which the Company is selling to the Investor, and the Investor is purchasing from the Company, an aggregate of 1,000,000 shares of the
Series A Preferred Stock (the “Series A Preferred Stock”), which is convertible into shares of Common Stock; 
 WHEREAS, as
a condition to the obligations of the Company and the Investor under the Investment Agreement, the Company and the Investor are entering into this Agreement for the purpose of granting certain registration and other rights to the Stockholders. 

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained in this Agreement, the receipt and sufficiency of which are
hereby acknowledged, the parties to this Agreement hereby agree as follows: 
 ARTICLE I 

Resale Shelf Registration 

Section 1.1 Resale Shelf Registration Statement. Subject to the other applicable provisions of this Agreement, the Company shall
use its commercially reasonable efforts to prepare and file within 120 days after the date hereof a registration statement covering the sale or distribution from time to time by the Holders, on a delayed or continuous basis pursuant to Rule 415 of
the Securities Act, of all of the Registrable Securities on Form S-3 (except if the Company is not then eligible to register for resale the Registrable Securities on Form
S-3, then such registration shall be on another appropriate form and shall provide for the registration of such Registrable Securities for resale by the Holders in accordance with any reasonable method of
distribution elected by the Investor) (the “Resale Shelf Registration Statement”) and shall use its commercially reasonable efforts to cause such Resale Shelf Registration Statement to be declared effective by the SEC as promptly as
is reasonably practicable after the filing thereof (it being agreed that the Resale Shelf Registration Statement shall be an automatic shelf registration statement that shall become effective upon filing with the SEC pursuant to Rule 462(e) if Rule
462(e) is available to the Company). 
 Section 1.2 Effectiveness Period. Once declared effective, the Company shall, subject to
the other applicable provisions of this Agreement, use its commercially reasonable efforts to cause the Resale Shelf Registration Statement to be continuously effective and usable until such time as there are no longer any Registrable Securities
(the “Effectiveness Period”). 

 Section 1.3 Subsequent Shelf Registration Statement. If any Shelf Registration
Statement ceases to be effective under the Securities Act for any reason at any time during the Effectiveness Period, the Company shall use its commercially reasonable efforts to as promptly as is reasonably practicable cause such Shelf Registration
Statement to again become effective under the Securities Act (including obtaining the prompt withdrawal of any order suspending the effectiveness of such Shelf Registration Statement), and shall use its commercially reasonable efforts to as promptly
as is reasonably practicable amend such Shelf Registration Statement in a manner reasonably expected to result in the withdrawal of any order suspending the effectiveness of such Shelf Registration Statement or file an additional registration
statement (a “Subsequent Shelf Registration Statement”) for an offering to be made on a delayed or continuous basis pursuant to Rule 415 of the Securities Act registering the resale from time to time by the Holders thereof of all
securities that are Registrable Securities as of the time of such filing. If a Subsequent Shelf Registration Statement is filed, the Company shall use its commercially reasonable efforts to (a) cause such Subsequent Shelf Registration Statement
to become effective under the Securities Act as promptly as is reasonably practicable after the filing thereof (it being agreed that the Subsequent Shelf Registration Statement shall be an automatic shelf registration statement that shall become
effective upon filing with the SEC pursuant to Rule 462(e) if Rule 462(e) is available to the Company) and (b) keep such Subsequent Shelf Registration Statement continuously effective and usable until the end of the Effectiveness Period. Any
such Subsequent Shelf Registration Statement shall be a registration statement on Form S-3 to the extent that the Company is eligible to use such form. Otherwise, such Subsequent Shelf Registration Statement
shall be on another appropriate form and shall provide for the registration of such Registrable Securities for resale by the Holders in accordance with any reasonable method of distribution elected by the Investor. 

Section 1.4 Supplements and Amendments. The Company shall supplement and amend any Shelf Registration Statement if required by the
Securities Act or the rules, regulations or instructions applicable to the registration form used by the Company for such Shelf Registration Statement. 

Section 1.5 Subsequent Holder Notice. If a Person entitled to the benefits of this Agreement becomes a Holder of Registrable
Securities after a Shelf Registration Statement becomes effective under the Securities Act, the Company shall, as promptly as is reasonably practicable following delivery of written notice to the Company of such Person becoming a Holder and
requesting for its name to be included as a selling securityholder in the prospectus related to the Shelf Registration Statement (a “Subsequent Holder Notice”): 

(a) if required and permitted by applicable law, file with the SEC a supplement to the related prospectus or a post-effective amendment to the
Shelf Registration Statement so that such Holder is named as a selling securityholder in the Shelf Registration Statement and the related prospectus in such a manner as to permit such Holder to deliver a prospectus to purchasers of the Registrable
Securities in accordance with applicable law; provided, however, that the Company shall not be required to file more than one post-effective amendment or a supplement to the related prospectus for such purpose in any 30-day period; 
 (b) if, pursuant to Section 1.5(a), the Company shall have
filed a post-effective amendment to the Shelf Registration Statement that is not automatically effective, use its commercially reasonable efforts to cause such post-effective amendment to become effective under the Securities Act as promptly as is
reasonably practicable; and 

  
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 (c) notify such Holder as promptly as is reasonably practicable after the effectiveness
under the Securities Act of any post-effective amendment filed pursuant to Section 1.5(a). 
 Section 1.6
Underwritten Offering. 
 (a) Subject to any applicable restrictions on transfer in the Investment Agreement or otherwise, the
Investor may, after the Resale Shelf Registration Statement becomes effective, deliver a written notice to the Company (the “Underwritten Offering Notice”) specifying that the sale of some or all of the Registrable Securities
subject to the Shelf Registration Statement, is intended to be conducted through an underwritten offering (the “Underwritten Offering”); provided, however, that the Holders of Registrable Securities may not, without
the Company’s prior written consent, (i) launch an Underwritten Offering the anticipated gross proceeds of which shall be less than $100,000,000 (unless the Holders are proposing to sell all of their remaining Registrable Securities), (ii)
launch more than three Underwritten Offerings at the request of the Holders within any three-hundred sixty-five (365) day-period or (iii) launch an Underwritten Offering within the period (a
“Quarterly Blackout Period”) commencing fourteen (14) days prior to and ending two (2) days following the Company’s scheduled earnings release date for any fiscal quarter or year. 

(b) In the event of an Underwritten Offering, the Stockholders shall select the managing underwriter(s) to administer the Underwritten
Offering; provided that the choice of such managing underwriter(s) shall be subject to the consent of the Company, which is not to be unreasonably withheld. In making the determination to consent to the Stockholder’s choice of managing
underwriter(s), the Company may take into account its business and strategic interests. The Company, the Investor and the Holders of Registrable Securities participating in an Underwritten Offering will enter into an underwriting agreement in
customary form with the managing underwriter or underwriters selected for such offering. 
 (c) The Company will not include in any
Underwritten Offering pursuant to this Section 1.6 any securities that are not Registrable Securities without the prior written consent of the Investor. If the managing underwriter or underwriters advise the Company and the
Investor in writing that in its or their good faith opinion the number of Registrable Securities (and, if permitted hereunder, other securities requested to be included in such offering) exceeds the number of securities which can be sold in such
offering in light of market conditions or is such so as to adversely affect the success of such offering, the Company will include in such offering only such number of securities that can be sold without adversely affecting the marketability of the
offering, which securities will be so included in the following order of priority: (i) first, the Registrable Securities of the Holders that have requested to participate in such Underwritten Offering, allocated pro rata among such
Holders on the basis of the percentage of the Registrable Securities requested to be included in such offering by such Holders, and (ii) second, any other securities of the Company that have been requested to be so included. 

  
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 Section 1.7 Take-Down Notice. Subject to the other applicable provisions of this
Agreement, at any time that any Shelf Registration Statement is effective, if the Investor delivers a notice to the Company (a “Take-Down Notice”) stating that it intends to effect a sale or distribution of all or part of its
Registrable Securities included by it on any Shelf Registration Statement (a “Shelf Offering”) and stating the number of the Registrable Securities to be included in such Shelf Offering, then the Company shall amend, subject to the
other applicable provisions of this Agreement or supplement the Shelf Registration Statement as may be necessary in order to enable such Registrable Securities to be sold and distributed pursuant to the Shelf Offering. 

Section 1.8 Piggyback Registration. 

(a) If the Company proposes to file a registration statement under the Securities Act with respect to an offering of Common Stock or securities
convertible into, or exchangeable or exercisable for, Common Stock, whether or not for sale for its own account (other than a registration statement (i) on Form S-4, Form
S-8 or any successor forms thereto or (ii) filed to effectuate an exchange offer or any employee benefit or dividend reinvestment plan), then the Company shall give prompt written notice of such filing,
which notice shall be given, to the extent reasonably practicable, no later than five (5) Business Days prior to the filing date (the “Piggyback Notice”) to the Investor on behalf of the Holders of Registrable Securities. The
Piggyback Notice shall offer such Holders the opportunity to include (or cause to be included) in such registration statement the number of shares of Registrable Securities as each such Holder may request (each, a “Piggyback Registration
Statement”). Subject to Section 1.8(b), the Company shall include in each Piggyback Registration Statement all Registrable Securities with respect to which the Company has received written requests for inclusion
therein (each, a “Piggyback Request”) within five (5) Business Days after the date of the Piggyback Notice but in any event not later than one (1) Business Day prior to the filing date of a Piggyback Registration
Statement. The Company shall not be required to maintain the effectiveness of a Piggyback Registration Statement beyond the earlier of (x) 180 days after the effective date thereof and (y) consummation of the distribution by the Holders of the
Registrable Securities included in such registration statement. 
 (b) If any of the securities to be registered pursuant to the registration
giving rise to the rights under this Section 1.8 are to be sold in an underwritten offering, the Company shall use commercially reasonable efforts to cause the managing underwriter or underwriters of a proposed underwritten
offering to permit Holders of Registrable Securities who have timely submitted a Piggyback Request in connection with such offering to include in such offering all Registrable Securities included in each Holder’s Piggyback Request on the same
terms and subject to the same conditions as any other shares of capital stock, if any, of the Company included in the offering. Notwithstanding the foregoing, if the managing underwriter or underwriters of such underwritten offering advise the
Company in writing that in its or their good faith opinion the number of securities exceeds the number of securities which can be sold in such offering in light of market conditions or is such so as to adversely affect the success of such offering,
the Company will include in such offering only such number of securities that can be sold without adversely affecting the marketability of the offering, which securities will be so included in the following order of priority: (i) first, the
securities proposed to be sold by the Company for its own account; (ii) second, the Registrable Securities of the Holders that have 

  
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requested to participate in such underwritten offering, allocated pro rata among such Holders on the basis of the percentage of the Registrable Securities requested to be included in such
offering by such Holders; (iii) third, any other securities of the Company that have been requested to be included in such offering; provided that Holders may, prior to the earlier of the (a) effectiveness of the registration
statement and (b) the time at which the offering price or underwriter’s discount is determined with the managing underwriter or underwriters, withdraw their request to be included in such registration pursuant to this
Section 1.8. 
 Section 1.9 Rule 144A Sales. Holders of Registrable Securities that are eligible for
resale pursuant to Rule 144A under the Securities Act shall have analogous rights to sell such securities in a marketed offering under Rule 144A under the Securities Act through one or more initial purchasers on a firm-commitment basis, using
procedures that are substantially equivalent to those specified in Article I and Article II of this Agreement. The Company agrees to use its reasonable efforts to cooperate to effect any such sales under such Rule 144A. Nothing in this
Section 1.9 shall impose any additional or more burdensome obligations on the Company than would apply under Article I and Article II, in each case, mutatis mutandis in respect of a registered Underwritten Offering (including the
estimated gross proceeds minimum set forth in Section 1.6(a)), or require that the Company take any actions that it would not be required to take in an Underwritten Offering of such Registrable Securities. 

ARTICLE II 
 Additional
Provisions Regarding Registration Rights 
 Section 2.1 Registration Procedures. Subject to the other applicable provisions
of this Agreement, in the case of each registration of Registrable Securities effected by the Company pursuant to Article I, the Company will: 

(a) prepare and promptly file with the SEC a registration statement with respect to such securities and use commercially
reasonable efforts to cause such registration statement to become and remain effective for the period of the distribution contemplated thereby, in accordance with the applicable provisions of this Agreement; 

(b) prepare and file with the SEC such amendments (including post-effective amendments) and supplements to such registration
statement and the prospectus used in connection with such registration statement as may be necessary to keep such registration statement effective for the period specified in paragraph (a) above and comply with the provisions of the Securities
Act with respect to the disposition of all securities covered by such registration statement in accordance with the Investor’s intended method of distribution set forth in such registration statement for such period; 

(c) furnish to the Investor’s legal counsel copies of the registration statement and the prospectus included therein
(including each preliminary prospectus) proposed to be filed and provide such legal counsel a reasonable opportunity to review and comment on such registration statement; 

  
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 (d) if requested by the managing underwriter or underwriters, if any, or the
Investor, promptly include in any prospectus supplement or post-effective amendment such information as the managing underwriter or underwriters, if any, or the Investor may reasonably request in order to permit the intended method of distribution
of such securities and make all required filings of such prospectus supplement or post-effective amendment as soon as reasonably practicable after the Company has received such request; provided, however, that the Company shall not be
required to take any actions under this Section 2.1(d) that are not, in the opinion of counsel for the Company, in compliance with applicable law; 

(e) in the event that the Registrable Securities are being offered in an Underwritten Offering, furnish to the Investor and to
the underwriters of the securities being registered such reasonable number of copies of the registration statement, preliminary prospectus and final prospectus as the Investor or such underwriters may reasonably request in order to facilitate the
public offering or other disposition of such securities; 
 (f) as promptly as reasonably practicable notify the Investor at
any time when a prospectus relating thereto is required to be delivered under the Securities Act or of the Company’s discovery of the occurrence of any event as a result of which the prospectus included in such registration statement, as then
in effect, includes an untrue statement of a material fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing
(which, for the avoidance of doubt, shall commence a Suspension Period), and, subject to Section 2.2, as promptly as is reasonably practicable, prepare and file with the SEC a supplement or post-effective amendment to such
registration statement or the related prospectus or any document incorporated therein by reference or file any other required document and at the request of the Investor, furnish to the Investor a reasonable number of copies of a supplement to or an
amendment of such prospectus as may be necessary so that, as thereafter delivered to the purchasers of such securities, such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated
therein or necessary to make the statements therein not misleading or incomplete in the light of the circumstances then existing; 

(g) use commercially reasonable efforts to register and qualify (or exempt from such registration or qualification) the
securities covered by such registration statement under such other securities or “blue sky” laws of such jurisdictions within the United States as shall be reasonably requested in writing by the Investor; provided, however,
that the Company shall not be required in connection therewith or as a condition thereto to (i) qualify to do business in any jurisdictions where it would not otherwise be required to qualify but for this subsection or (ii) take any action
that would subject it to general service of process in any such jurisdictions; 
 (h) in the event that the Registrable
Securities are being offered in a public offering, enter into an underwriting agreement, a placement agreement or equivalent agreement customary for a transaction of that nature, in each case in accordance with the applicable provisions of this
Agreement, and take all such other actions reasonably 

  
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requested by the Holders of the Registrable Securities being sold in connection therewith (including any reasonable actions requested by the managing underwriters, if any) to facilitate the
disposition of such Registrable Securities; provided, however, that in no event will the Company be required to enter into a holdback agreement other than as and if required by Section 2.7; 

(i) in connection with an Underwritten Offering, the Company shall cause its officers to use their commercially reasonable
efforts to support the marketing of the Registrable Securities covered by such offering (including participation in “road shows” or other similar marketing efforts); 

(j) use commercially reasonable efforts to furnish, on the date that such Registrable Securities are delivered to the
underwriters for sale, if such securities are being sold through underwriters, (i) an opinion dated such date of the legal counsel representing the Company for the purposes of such registration, in form and substance as is customarily given to
underwriters in an underwritten public offering, addressed to the underwriters, if any, (ii) a “negative assurances letter”, dated such date of the legal counsel representing the Company for the purposes of such registration, in form
and substance as is customarily given to underwriters in an underwritten public offering and (iii) a letter dated such date from the independent certified public accountants of the Company, in form and substance as is customarily given by
independent certified public accountants to underwriters in an underwritten public offering, addressed to the underwriters; 

(k) in the event that the Registrable Securities covered by such registration statement are shares of Common Stock, use
commercially reasonable efforts to list the Registrable Securities covered by such registration statement with any securities exchange on which the Common Stock is then listed; 

(l) provide a transfer agent and registrar for all such Registrable Securities not later than the effective date of such
registration statement; 
 (m) in connection with a customary due diligence review, make available for inspection by the
Investor, any underwriter participating in any such disposition of Registrable Securities, if any, and any counsel or accountants retained by the Investor or underwriter (collectively, the “Offering Persons”), at the offices where
normally kept, during reasonable business hours, all financial and other records, pertinent corporate documents and properties of the Company and its subsidiaries, and cause the officers, directors and employees of the Company and its subsidiaries
to supply all information and participate in customary due diligence sessions in each case reasonably requested by any such representative, underwriter, counsel or accountant in connection with such Registration Statement; provided,
however, that any information that is not generally publicly available at the time of delivery of such information shall be kept confidential by such Offering Persons unless (i) disclosure of such information is required by court or
administrative order or in connection with an audit or examination by, or a blanket document request from, a regulatory or self-regulatory authority, bank examiner or auditor, (ii) disclosure of such information, in the reasonable judgment of
the Offering 

  
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Persons, is required by law or applicable legal process (including in connection with the offer and sale of securities pursuant to the rules and regulations of the SEC), (iii) such information is
or becomes generally available to the public other than as a result of a non-permitted disclosure or failure to safeguard by such Offering Persons in violation of this Agreement or (iv) such information
(A) was known to such Offering Persons (prior to its disclosure by the Company) from a source other than the Company when such source, to the knowledge of the Offering Persons, was not bound by any contractual, legal or fiduciary obligation of
confidentiality to the Company with respect to such information, (B) becomes available to the Offering Persons from a source other than the Company when such source, to the knowledge of the Offering Persons, is not bound by any contractual,
legal or fiduciary obligation of confidentiality to the Company with respect to such information or (C) was developed independently by the Offering Persons or their respective representatives without the use of, or reliance on, information
provided by the Company. In the case of a proposed disclosure pursuant to (i) or (ii) above, such Person shall be required to give the Company written notice of the proposed disclosure prior to such disclosure (except in the case of
(ii) above when a proposed disclosure was or is to be made in connection with a registration statement or prospectus under this Agreement and except in the case of clause (i) above when a proposed disclosure is in connection with a routine
audit or examination by, or a blanket document request from, a regulatory or self-regulatory authority, bank examiner or auditor); 

(n) cooperate with the Investor and each underwriter or agent participating in the disposition of Registrable Securities and
their respective counsel in connection with any filings required to be made with FINRA, including the use of commercially reasonable efforts to obtain FINRA’s pre-clearance or pre-approval of the registration statement and applicable prospectus upon filing with the SEC; and 

(o) as promptly as is reasonably practicable notify the Investor (i) when the prospectus or any prospectus supplement or
post-effective amendment has been filed and, with respect to such registration statement or any post-effective amendment, when the same has become effective, (ii) of any request by the SEC or other federal or state governmental authority for
amendments or supplements to such registration statement or related prospectus or to amend or to supplement such prospectus or for additional information, (iii) of the issuance by the SEC of any stop order suspending the effectiveness of such
registration statement or the initiation of any proceedings for such purpose (which, for the avoidance of doubt, shall commence a Suspension Period), (iv) if at any time the Company has reason to believe that the representations and warranties of
the Company contained in any document contemplated by Section 2.1(f) above relating to any applicable offering cease to be true and correct or (v) of the receipt by the Company of any notification with respect to the
suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction, or the initiation or threatening of any proceeding for such purpose. 

The Investor agrees that, upon receipt of any notice from the Company of the happening of any event of the kind described in
Section 2.1(f), 2.1(o)(ii) or 2.1(o)(iii), the Investor shall discontinue, and shall cause each Holder to discontinue, disposition of any Registrable Securities covered by such registration statement or the
related prospectus 

  
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until receipt of the copies of the supplemented or amended prospectus, which supplement or amendment shall, subject to the other applicable provisions of this Agreement, be prepared and furnished
as soon as reasonably practicable, or until the Investor is advised in writing by the Company that the use of the applicable prospectus may be resumed, and have received copies of any amended or supplemented prospectus or any additional or
supplemental filings which are incorporated, or deemed to be incorporated, by reference in such prospectus (such period during which disposition is discontinued being an “Interruption Period”) and, if requested by the Company, the
Investor shall use commercially reasonable efforts to return, and cause the Holders to return, to the Company all copies then in their possession, of the prospectus covering such Registrable Securities at the time of receipt of such request. As soon
as practicable after the Company has determined that the use of the applicable prospectus may be resumed, the Company will notify the Investor thereof. In the event the Company invokes an Interruption Period hereunder and in the reasonable
discretion of the Company the need for the Company to continue the Interruption Period ceases for any reason, the Company shall, as soon as reasonably practicable, provide written notice to the Investor that such Interruption Period is no longer
applicable. 
 Section 2.2 Suspension. (a) The Company shall be entitled, on one (1) occasion in any one-hundred eighty (180) day period, for a period of time not to exceed seventy-five (75) days in the aggregate in any twelve (12) month period (any such period a “Suspension
Period”), to (x) defer any registration of Registrable Securities and shall have the right not to file and not to cause the effectiveness of any registration covering any Registrable Securities, (y) suspend the use of any
prospectus and registration statement covering any Registrable Securities and (z) require the Holders of Registrable Securities to suspend any offerings or sales of Registrable Securities pursuant to a registration statement, if the Company
delivers to the Investor a certificate signed by an executive officer certifying that such registration and offering would (i) require the Company to make an Adverse Disclosure or (ii) materially interfere with any bona fide
material financing, acquisition, disposition or other similar transaction involving the Company or any of its subsidiaries then under consideration. Such certificate shall contain a statement of the reasons for such suspension and an approximation
of the anticipated length of such suspension. The Investor shall keep the information contained in such certificate confidential subject to the same terms set forth in Section 2.1(m). If the Company defers any registration
of Registrable Securities in response to an Underwritten Offering Notice or requires the Investor or the Holders to suspend any Underwritten Offering, the Investor shall be entitled to withdraw such Underwritten Offering Notice and if it does so,
such request shall not be treated for any purpose as the delivery of an Underwritten Offering Notice pursuant to Section 1.6. 

Section 2.3 Expenses of Registration. All Registration Expenses incurred in connection with any registration or offering pursuant
to Article I shall be borne by the Company. All Selling Expenses relating to securities registered on behalf of the Holders shall be borne by the Holders of the Registrable Securities included in such registration. 

Section 2.4 Information by Holders. The Holder or Holders of Registrable Securities included in any registration shall, and the
Investor shall cause such Holder or Holders to, furnish to the Company such information regarding such Holder or Holders and their Affiliates, the Registrable Securities held by them and the distribution proposed by such Holder

  
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or Holders and their Affiliates as the Company or its representatives may reasonably request and as shall be required in connection with any registration, qualification or compliance referred to
in this Agreement. It is understood and agreed that the obligations of the Company under Article I are conditioned on the timely provisions of the foregoing information by such Holder or Holders and, without limitation of the foregoing, will
be conditioned on compliance by such Holder or Holders with the following: 
 (a) such Holder or Holders will, and will cause
their respective Affiliates to, cooperate with the Company in connection with the preparation of the applicable registration statement and prospectus and, for so long as the Company is obligated to keep such registration statement effective, such
Holder or Holders will and will cause their respective Affiliates to, provide to the Company, in writing and in a timely manner, for use in such registration statement (and expressly identified in writing as such), all information regarding
themselves and their respective Affiliates and such other information as may be required by applicable law to enable the Company to prepare or amend such registration statement, any related prospectus and any other documents related to such offering
covering the applicable Registrable Securities owned by such Holder or Holders and to maintain the currency and effectiveness thereof; 

(b) during such time as such Holder or Holders and their respective Affiliates may be engaged in a distribution of the
Registrable Securities, such Holder or Holders will, and they will cause their Affiliates to, comply with all laws applicable to such distribution, including Regulation M promulgated under the Exchange Act, and, to the extent required by such laws,
will, and will cause their Affiliates to, among other things (i) not engage in any stabilization activity in connection with the securities of the Company in contravention of such laws; (ii) distribute the Registrable Securities acquired
by them solely in the manner described in the applicable registration statement and (iii) if required by applicable law, cause to be furnished to each agent or broker-dealer to or through whom such Registrable Securities may be offered, or to
the offeree if an offer is made directly by such Holder or Holders or their respective Affiliates, such copies of the applicable prospectus (as amended and supplemented to such date) and documents incorporated by reference therein as may be required
by such agent, broker-dealer or offeree; 
 (c) such Holder or Holders shall, and they shall cause their respective
Affiliates to, (i) permit the Company and its representatives to examine such documents and records and will supply in a timely manner any information as they may be reasonably requested to provide in connection with the offering or other
distribution of Registrable Securities by such Holder or Holders and (ii) execute, deliver and perform under any agreements and instruments reasonably requested by the Company or its representatives to effectuate such registered offering,
including opinions of counsel and questionnaires; and 
 (d) on receipt of any notice from the Company of the occurrence of
any of the events specified in Section 2.1(f) or clauses (ii) or (iii) of Section 2.1(o), or that otherwise requires the suspension by such Holder or Holders and their respective Affiliates of
the offering, sale or distribution of any of the Registrable Securities owned by such Holder or 

  
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Holders, such Holders shall, and they shall cause their respective Affiliates to, cease offering, selling or distributing the Registrable Securities owned by such Holder or Holders until the
offering. sale and distribution of the Registrable Securities owned by such Holder or Holders may recommence in accordance with the terms hereof and applicable law. 

Section 2.5 Rule 144. (a) With a view to making available the benefits of Rule 144 to the Holders, the Company agrees that, for so
long as a Holder owns Registrable Securities, the Company will use its commercially reasonable efforts to: 
 (i) make and
keep public information available, as those terms are understood and defined in Rule 144, at all times after the date of this Agreement; and 

(ii) so long as a Holder owns any Restricted Securities, furnish to the Holder upon written request a written statement by the
Company as to its compliance with the reporting requirements of the Exchange Act. 
 (b) For as long as a Holder owns
Registrable Securities issued or issuable upon conversion thereof, the Company will use commercially reasonable efforts to take such further necessary action as any holder of Registrable Securities may reasonably request in connection with the
removal of any restrictive legend on the Registrable Securities being sold, all to the extent required from time to time to enable such Holder to sell the Restricted Securities without registration under the Securities Act within the limitations of
the exemption provided by Rule 144. 
 Section 2.6 Investor Holdback Agreement. If during the Effectiveness Period, the Company
shall file a registration statement (other than in connection with the registration of securities issuable pursuant to an employee stock option, stock purchase or similar plan or pursuant to a merger, exchange offer or a transaction of the type
specified in Rule 145(a) under the Securities Act) with respect to an underwritten public offering of Common Stock or securities convertible into, or exchangeable or exercisable for, such securities or otherwise informs the Investor that it intends
to conduct such an offering utilizing an effective registration statement or pursuant to an underwritten Rule 144A and/or Regulation S offering and provides the Investor and each Holder the opportunity to participate in such offering in accordance
with and to the extent required by Section 1.8, the Investor and each Holder shall for so long as such Investor or Holder together with its respective Affiliates beneficially owns, on an as converted basis (as defined in
the Investment Agreement) greater than 10% of the then outstanding Common Stock or has a right to nominate a director to the Board (as defined in the Investment Agreement), if requested by the managing underwriter or underwriters, enter into a
customary “lock-up” agreement relating to the sale, offering or distribution of Registrable Securities, in the form reasonably requested by the managing underwriter or underwriters, covering the
period commencing on the date of the prospectus pursuant to which such offering may be made and continuing until the earlier of 30 days from the date of such prospectus and the date on which the Company’s
“lock-up” agreement with the underwriters in connection with the offering expires. 

  
 11 

 Section 2.7 Company Holdback Agreement. In connection with a distribution of
Registrable Securities in which Holders of Registrable Securities are proposing to sell at least $400,000,000 of Registrable Securities, the Company shall, if requested by the managing underwriter or underwriters, enter into a customary “lock-up” agreement relating to the sale, offering, distribution or granting of an option to purchase Common Stock, in the form reasonably requested by the managing underwriter or underwriters, covering
the period commencing on the date of the prospectus pursuant to which such offering may be made and continuing until the earlier of 30 days from the date of such prospectus and the date on which the Selling Holders’ “lock-up” agreement with the underwriters in connection with the offering expires, during which time the Company may not offer, sell or grant any option to purchase shares of Common Stock or securities
convertible or exchangeable for Common Stock of the Company, subject to customary carve-outs that include, but are not limited to, (i) issuances pursuant to the Company’s employee stock plans and issuances of shares upon the exercise of
options or other equity awards under such stock plans and (ii) in connection with acquisitions, joint ventures and other strategic transactions. 

ARTICLE III 
 Indemnification

 Section 3.1 Indemnification by Company. To the extent permitted by applicable law, the Company will, with respect to any
Registrable Securities covered by a registration statement or prospectus, or as to which registration, qualification or compliance under applicable “blue sky” laws has been effected pursuant to this Agreement, indemnify and hold harmless
each Holder, each Holder’s current and former officers, directors, partners, members, managers, shareholders, accountants, attorneys, agents and employees, and each Person controlling such Holder within the meaning of Section 15 of the
Securities Act and such Holder’s current and former officers, directors, partners, members, managers, shareholders, accountants, attorneys, agents and employees, and each underwriter thereof, if any, and each Person who controls any such
underwriter within the meaning of Section 15 of the Securities Act (collectively, the “Company Indemnified Parties”), from and against any and all expenses, claims, losses, damages, costs (including costs of preparation and
reasonable attorney’s fees and any legal or other fees or expenses actually incurred by such party in connection with any investigation or proceeding), judgments, fines, penalties, charges, amounts paid in settlement and other liabilities,
joint or several, (or actions in respect thereof) (collectively, “Losses”) to the extent arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any registration statement,
prospectus, preliminary prospectus, offering circular, “issuer free writing prospectus” (as such term is defined in Rule 433 under the Securities Act) or other document, in each case related to such registration statement, or any amendment
or supplement thereto, or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances in which they were made, not misleading,
or any violation by the Company of the Securities Act, the Exchange Act, any state securities law or any rules or regulations thereunder applicable to the Company and (without limiting the preceding portions of this
Section 3.1), the Company will reimburse each of the Company Indemnified Parties for any reasonable and documented out-of-pocket legal expenses
and any other reasonable and documented out-of-pocket expenses actually incurred in connection with investigating, defending or, subject to the last sentence of this
Section 3.1, settling any such Losses or action, as such expenses are incurred; provided that the Company’s 

  
 12 

 
indemnification obligations shall not apply to amounts paid in settlement of any Losses or action if such settlement is effected without the prior written consent of the Company (which consent
shall not be unreasonably withheld or delayed), nor shall the Company be liable to a Holder in any such case for any such Losses or action to the extent that it arises out of or is based upon a violation or alleged violation of any state or federal
law (including any claim arising out of or based on any untrue statement or alleged untrue statement or omission or alleged omission in the registration statement or prospectus) which occurs in reliance upon and in conformity with written
information regarding such Holder furnished to the Company by such Holder or its authorized representatives expressly for use in connection with such registration by or on behalf of any Holder. 

Section 3.2 Indemnification by Holders. To the extent permitted by applicable law, each Holder will, if Registrable Securities
held by such Holder are included in the securities as to which registration or qualification or compliance under applicable “blue sky” laws is being effected, indemnify, severally and not jointly with any other Holders of Registrable
Securities, the Company, each of its representatives, each Person who controls the Company or such underwriter within the meaning of Section 15 of the Securities Act (collectively, the “Holder Indemnified Parties”), against all
Losses (or actions in respect thereof) to the extent arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any registration statement, prospectus, preliminary prospectus, offering circular,
“issuer free writing prospectus” or other document, in each case related to such registration statement, or any amendment or supplement thereto, or based on any omission (or alleged omission) to state therein a material fact required to be
stated therein or necessary to make the statements therein, in light of the circumstances in which they were made, not misleading, and will reimburse each of the Holder Indemnified Parties for any reasonable and documented out-of-pocket legal expenses and any other reasonable and documented out-of-pocket expenses
actually incurred in connection with investigating, defending or, subject to the last sentence of this Section 3.2, settling any such Losses or action, as such expenses are incurred, in each case to the extent, but only to
the extent, that such untrue statement (or alleged untrue statement) or omission (or alleged omission) is made in such registration statement, prospectus, offering circular, “issuer free writing prospectus” or other document in reliance
upon and in conformity with written information regarding such Holder furnished to the Company by such Holder or its authorized representatives and stated to be specifically for use therein; provided, however, that in no event
shall any indemnity under this Section 3.2 payable by the Investor and any Holder exceed an amount equal to the net proceeds received by such Holder in respect of the Registrable Securities sold pursuant to the registration
statement. The indemnity agreement contained in this Section 3.2 shall not apply to amounts paid in settlement of any loss, claim, damage, liability or action if such settlement is effected without the prior written consent
of the applicable Holder (which consent shall not be unreasonably withheld or delayed). 
 Section 3.3 Notification. If any
Person shall be entitled to indemnification under this Article III (each, an “Indemnified Party”), such Indemnified Party shall give prompt notice to the party required to provide indemnification (each, an
“Indemnifying Party”) of any claim or of the commencement of any proceeding as to which indemnity is sought. The Indemnifying Party shall have the right, exercisable by giving written notice to the Indemnified Party as promptly as
reasonably practicable after the receipt of written notice from such Indemnified Party of such claim or proceeding, to assume, at the Indemnifying Party’s expense, the defense of any such 

  
 13 

 
claim or litigation, with counsel reasonably satisfactory to the Indemnified Party and, after notice from the Indemnifying Party to such Indemnified Party of its election to assume the defense
thereof, the Indemnifying Party will not (so long as it shall continue to have the right to defend, contest, litigate and settle the matter in question in accordance with this paragraph) be liable to such Indemnified Party hereunder for any legal
expenses and other expenses subsequently incurred by such Indemnified Party in connection with the defense thereof; provided, however, that an Indemnified Party shall have the right to employ separate counsel in any such claim or
litigation, but the fees and expenses of such counsel shall be at the expense of such Indemnified Party unless the Indemnifying Party shall have failed within a reasonable period of time to assume such defense and the Indemnified Party is or would
reasonably be expected to be materially prejudiced by such delay. The failure of any Indemnified Party to give notice as provided herein shall relieve an Indemnifying Party of its obligations under this Article III only to the extent that the
failure to give such notice is materially prejudicial or harmful to such Indemnifying Party’s ability to defend such action. No Indemnifying Party, in the defense of any such claim or litigation, shall, except with the prior written consent of
each Indemnified Party (which consent shall not be unreasonably withheld or delayed), consent to entry of any judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to
such Indemnified Party of a release from all liability in respect to such claim or litigation. The indemnity agreements contained in this Article III shall not apply to amounts paid in settlement of any claim, loss, damage, liability or
action if such settlement is effected without the prior written consent of the Indemnifying Party, which consent shall not be unreasonably withheld or delayed. The indemnification set forth in this Article III shall be in
addition to any other indemnification rights or agreements that an Indemnified Party may have. An Indemnifying Party who is not entitled to, or elects not to, assume the defense of a claim will not be obligated to pay the fees and expenses of more
than one counsel for all parties indemnified by such Indemnifying Party with respect to such claim, unless in the reasonable judgment of any Indemnified Party a conflict of interest may exist between such Indemnified Party and any other Indemnified
Parties with respect to such claim. 
 Section 3.4 Contribution. If the indemnification provided for in this Article III
is held by a court of competent jurisdiction to be unavailable to an Indemnified Party, other than pursuant to its terms, with respect to any Losses or action referred to therein, then, subject to the limitations contained in this Article
III, the Indemnifying Party, in lieu of indemnifying such Indemnified Party hereunder, shall contribute to the amount paid or payable by such Indemnified Party as a result of such Losses or action in such proportion as is appropriate to reflect
the relative fault of the Indemnifying Party, on the one hand, and the Indemnified Party, on the other, in connection with the actions, statements or omissions that resulted in such Losses or action, as well as any other relevant equitable
considerations. The relative fault of the Indemnifying Party, on the one hand, and the Indemnified Party, on the other hand, shall be determined by reference to, among other things, whether any action in question, including any untrue or alleged
untrue statement of a material fact or omission or alleged omission to state a material fact, has been made (or omitted) by, or relates to information supplied by such Indemnifying Party or such Indemnified Party, and the parties’ relative
intent, knowledge, access to information and opportunity to correct or prevent any such action, statement or omission. The Company and the Holders agree that it would not be just and equitable if contribution pursuant to this
Section 3.4 was determined solely upon pro rata allocation or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding

  
 14 

 
sentence of this Section 3.4. Notwithstanding the foregoing, the amount each Investor or any Holder will be obligated to contribute pursuant to this
Section 3.4 will be limited to an amount equal to the net proceeds received by such Investor or Holder in respect of the Registrable Securities sold pursuant to the registration statement which gives rise to such obligation
to contribute. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. 

ARTICLE IV 
 Transfer and
Termination of Registration Rights 
 Section 4.1 Transfer of Registration Rights. Any rights to cause the Company to
register securities granted to a Holder under this Agreement may be transferred or assigned to any Person in connection with a Transfer (as defined in the Investment Agreement) of Series A Preferred Stock or Common Stock to such Person in a Transfer
permitted by Section 5.08(b)(i) of the Investment Agreement or a lender in connection with a Permitted Loan (as defined in the Investment Agreement); provided, however, that (x) prior written notice of such assignment of
rights is given to the Company and (y) such transferee agrees in writing to be bound by, and subject to, this Agreement as a “Holder” pursuant to a written instrument in form and substance reasonably acceptable to the Company. 

Section 4.2 Termination of Registration Rights. The rights of any particular Holder to cause the Company to register securities
under Article I shall terminate with respect to such Holder upon the date upon which such Holder no longer holds any Registrable Securities. 

ARTICLE V 
 Miscellaneous

 Section 5.1 Amendments and Waivers. Subject to compliance with applicable law, this Agreement may be amended or
supplemented in any and all respects by written agreement of the Company and the Investor. 
 Section 5.2 Extension of Time, Waiver,
Etc. The parties hereto may, subject to applicable law, (a) extend the time for the performance of any of the obligations or acts of the other party or (b) waive compliance by the other party with any of the agreements contained herein
applicable to such party or, except as otherwise provided herein, waive any of such party’s conditions. Notwithstanding the foregoing, no failure or delay by the parties hereto in exercising any right hereunder shall operate as a waiver thereof
nor shall any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right hereunder. Any agreement on the part of a party hereto to any such extension or waiver shall be valid only if set
forth in an instrument in writing signed on behalf of such party; provided that the Investor may execute such waivers on behalf of any Stockholder. 

  
 15 

 Section 5.3 Assignment. Except as provided in
Section 4.1, neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned, in whole or in part, by operation of law or otherwise, by any of the parties hereto without the prior written
consent of the other party hereto; provided, however, that the Investor may provide any such consent on behalf of the Stockholders; provided, further, that if the Company consolidates or merges with or into any Person and
the Common Stock or any other Registrable Securities are, in whole or in part, converted into or exchanged for securities of a different issuer, and any Stockholder would, upon completion of such merger or consolidation, hold Registrable Securities
of such issuer, then as a condition to such transaction the Company will cause such issuer to assume all of the Company’s rights and obligations under this Agreement in a written instrument delivered to the Stockholders. 

Section 5.4 Counterparts. This Agreement may be executed in one or more counterparts (including by facsimile or electronic mail),
each of which shall be deemed to be an original but all of which taken together shall constitute one and the same agreement, and shall become effective when one or more counterparts have been signed by each of the parties hereto and delivered to the
other parties hereto. 
 Section 5.5 Entire Agreement; No Third Party Beneficiary. This Agreement, including the Transaction
Documents (as defined in the Investment Agreement), constitutes the entire agreement, and supersedes all other prior agreements and understandings, both written and oral, among the parties and their Affiliates, or any of them, with respect to the
subject matter hereof and thereof. No provision of this Agreement shall confer upon any Person other than the parties hereto and their permitted assigns and the Indemnified Parties any rights or remedies hereunder. 

Section 5.6 Governing Law; Jurisdiction. 

(a) This Agreement shall be governed by, and construed in accordance with, the laws of the State of Delaware applicable to contracts executed
in and to be performed entirely within that State, regardless of the laws that might otherwise govern under any applicable conflict of laws principles. 

(b) All legal or administrative proceedings, suits, investigations, arbitrations or actions (“Actions”) arising out of or
relating to this Agreement shall be heard and determined in the Chancery Court of the State of Delaware (or, if the Chancery Court of the State of Delaware declines to accept jurisdiction over any Action, any state or federal court within the State
of Delaware) and the parties hereto hereby irrevocably submit to the exclusive jurisdiction and venue of such courts in any such Action and irrevocably waive the defense of an inconvenient forum or lack of jurisdiction to the maintenance of any such
Action. The consents to jurisdiction and venue set forth in this Section 5.6 shall not constitute general consents to service of process in the State of Delaware and shall have no effect for any purpose except as provided
in this paragraph and shall not be deemed to confer rights on any Person other than the parties hereto. Each party hereto agrees that service of process upon such party in any Action arising out of or relating to this Agreement shall be effective if
notice is given by overnight courier at the address set forth in Section 5.9 of this Agreement. The parties hereto agree that a final judgment in any such Action shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by applicable law; provided, however, that nothing in the foregoing shall restrict any party’s rights to seek any post-judgment relief regarding, or any appeal
from, a final trial court judgment. 

  
 16 

 Section 5.7 Specific Enforcement. The parties acknowledge and agree that
(a) the parties shall be entitled to an injunction or injunctions, specific performance or other equitable relief to enforce specifically the terms and provisions hereof in the courts described in Section 5.6 without
proof of damages or otherwise, this being in addition to any other remedy to which they are entitled under this Agreement and (b) the right of specific enforcement is an integral part of this Agreement and without that right, neither the
Company nor the Investor would have entered into this Agreement. The parties hereto agree not to assert that a remedy of specific enforcement is unenforceable, invalid, contrary to law or inequitable for any reason, and agree not to assert that a
remedy of monetary damages would provide an adequate remedy or that the parties otherwise have an adequate remedy at law. The parties hereto acknowledge and agree that any party seeking an injunction or injunctions to prevent breaches of this
Agreement and to enforce specifically the terms and provisions of this Agreement in accordance with this Section 5.7 shall not be required to provide any bond or other security in connection with any such order or
injunction. 
 Section 5.8 Waiver of Jury Trial. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER
THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE IT HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY
LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT AND ANY OF THE AGREEMENTS DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (A) NO
REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (B) IT UNDERSTANDS AND HAS CONSIDERED THE
IMPLICATIONS OF SUCH WAIVER, (C) IT MAKES SUCH WAIVER VOLUNTARILY AND (D) IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVER AND CERTIFICATIONS IN THIS SECTION 5.8. 

Section 5.9 Notices. All notices, requests and other communications to any party hereunder shall be in writing and shall be deemed
given if delivered personally, by facsimile (which is confirmed), emailed (which is confirmed) or sent by overnight courier (providing proof of delivery) to the parties at the following addresses: 

  
 17 

 (a) If to the Company, to it at: 

CommScope Holding Company, Inc. 

1100 CommScope Place, SE 

Hickory, North Carolina 28602 

Attention:     General Counsel 

Email:           fbwyatt@commscope.com 

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

Cravath, Swaine & Moore LLP 

Worldwide Plaza 
 825 Eighth
Avenue 
 New York, NY 10019 

Attention:     O. Keith Hallam III, Esq. 

                     Jenny Hochenberg,
Esq. 
 Facsimile:     212-474-3700 

Email:           khallam@cravath.com 

                      
jhochenberg@cravath.com 
 (b) If to the Stockholders or the Investor, to the Investor at: 

Carlyle Partners VII S1 Holdings, L.P. 

c/o The Carlyle Group 
 1001
Pennsylvania Avenue, NW 
 Washington, DC 20004-2505 

Attention:     Cam Dyer 

                     Michael Clifton

 Facsimile:     202-347-1818 

Email:           Cam.Dyer@carlyle.com 

                      
Michael.Clifton@carlyle.com 
 with a copy (which shall not constitute notice) to: 

Simpson Thacher & Bartlett LLP 

900 G Street, NW 
 Washington,
D.C. 20001 
 Attention:     Jonathan L. Corsico, Esq. 

                     Daniel N. Webb,
Esq. 
 Facsimile:     202-636-5502 

Email:           jonathan.corsico@stblaw.com 

                      
DWebb@stblaw.com 

  
 18 

 or such other address, email address or facsimile number as such party may hereafter specify by like notice
to the other parties hereto. All such notices, requests and other communications shall be deemed received on the date of actual receipt by the recipient thereof if received prior to 5:00 p.m. local time in the place of receipt and such day is a
Business Day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed not to have been received until the next succeeding Business Day in the place of receipt. 

Section 5.10 Severability. If any term, condition or other provision of this Agreement is determined by a court of competent
jurisdiction to be invalid, illegal or incapable of being enforced by any rule of law or public policy, all other terms, provisions and conditions of this Agreement shall nevertheless remain in full force and effect. Upon such determination that any
term, condition or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the parties as closely as possible to the fullest
extent permitted by applicable law. 
 Section 5.11 Expenses. Except as provided in Section 2.3 and
Article III, all costs and expenses, including fees and disbursements of counsel, financial advisors and accountants, incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the party incurring
such costs and expenses. 
 Section 5.12 Interpretation. The rules of interpretation set forth in Section 8.12 of the
Investment Agreement shall apply to this Agreement, mutatis mutandis. 
 Section 5.13 Investor. 

(a) Each Holder hereby consents to (i) the appointment of the Investor as the attorneys-in-fact for and on behalf of such Holder and (ii) the taking by the Investor of any and all actions and the making of any decisions required or permitted by, or with respect to, this Agreement
and the transactions contemplated hereby, including, without limitation, (A) the exercise of the power to agree to execute any consents under this Agreement and all other documents contemplated hereby and (B) to take all actions necessary
in the judgment of the Investor for the accomplishment of the foregoing and all of the other terms, conditions and limitations of this Agreement and the transactions contemplated hereby. Any reference to any action by the Investor in this Agreement
shall require an instrument in writing signed by the Investor. 
 (b) Each Holder shall be bound by the actions taken by the Investor
exercising the rights granted to it by this Agreement or the other documents contemplated by this Agreement, and the Company shall be entitled to rely on any such action or decision of the Investor. 

[Signature pages follow] 

  
 19 

 IN WITNESS WHEREOF, the parties have executed this Registration Rights Agreement as of the
date first above written. 
  

			
	COMPANY:
	
	COMMSCOPE HOLDING COMPANY, INC.
		
	By:	 	          

		 	Name:
		 	Title:

 SIGNATURE PAGE TO REGISTRATION
RIGHTS AGREEMENT 

 
			
	INVESTOR:
	
	CARLYLE PARTNERS VII S1 HOLDINGS, L.P.
		
	By:	 	TC Group VII S1, L.P., its general partner
		
	By:	 	TC Group VII S1, L.L.C., its general partner
		
	By:	 	              

		 	Name:
		 	Title:

 SIGNATURE PAGE TO REGISTRATION
RIGHTS AGREEMENT 

 EXHIBIT A 

DEFINED TERMS 
 1.
The following capitalized terms have the meanings indicated: 
 “Adverse Disclosure” means public disclosure of material non-public information that, in the good faith judgment of the Company (after consultation with legal counsel): (i) would be required to be made in any registration statement filed with the SEC by the Company so
that such registration statement would not be materially misleading; (ii) would not be required to be made at such time but for the filing, effectiveness or continued use of such registration statement; and (iii) the Company has a bona
fide business purpose for not disclosing publicly. 
 “Affiliates” shall have the meaning given to such term in the
Certificate of Designations. 
 “Business Day” means any day except a Saturday, a Sunday or other day on which the SEC or
banks in the City of New York are authorized or required by law to be closed. 
 “Certificate of Designations” means the
Certificate of Designations setting forth the designations, powers, preferences, qualifications, limitations and restrictions of the Series A Preferred Stock, dated as of the date hereof, as may be amended from time to time. 

“Common Stock” means all shares currently or hereafter existing of the Company’s common stock, par value $0.01 per
share. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and any successor statute thereto, and the
rules and regulations of the SEC promulgated thereunder. 
 “FINRA” means the Financial Industry Regulatory Authority, Inc.

 “Holder” means any Stockholder holding Registrable Securities. 

“Person” means any individual, corporation, limited liability company, partnership, joint venture, association, trust,
unincorporated organization or any other entity, including a governmental authority. 
 “register”,
“registered” and “registration” refer to a registration effected by preparing and filing a registration statement in compliance with the Securities Act, and the declaration or ordering of the effectiveness of such
registration statement or the automatic effectiveness of such registration statement, as applicable. 
 “Registrable
Securities” means, as of any date of determination, (x) any shares of the Series A Preferred Stock issued to the Investor pursuant to the Investment Agreement (whether or not subsequently transferred to any Stockholder) and any shares
of Common Stock hereafter acquired by any Stockholder pursuant to the conversion of the Series A Preferred Stock, any securities of the Company acquired pursuant to Section 5.16 of the Investment Agreement (or acquired
pursuant to conversion, exchange or exercise of such securities), and (y) any other securities issued or issuable with respect to any such shares of Common Stock, Series A 

  
 A-1 

 
Preferred Stock or other such securities by way of share split, share dividend, distribution, recapitalization, merger, exchange, replacement or similar event or otherwise (including, for the
avoidance of doubt, a redemption, put or call transaction pursuant to the Certificate of Designations); provided, that for purpose of this clause (y), such securities will be Registrable Securities for a Stockholder (a) if such
securities are issued by the Company or (b) if such securities are not issued by the Company, when such securities are issued: (I) such securities are (or, in the case of securities issuable upon the conversion, exchange or exercise of
other securities, if then issued would be) “restricted securities” or “control securities” (as such terms are used for purpose of Rule 144 under the Securities Act) in the hands of such Stockholder or (II) such Stockholder
and its Affiliates beneficially own (as defined for purposes of Section 13(d) of the Exchange Act and the rules thereunder) at least 5% of the class of such securities when such securities are issued (or when such securities may be acquired
upon conversion, exercise or exchange, in the case of securities issuable upon the conversion, exchange or exercise of other securities). As to any particular Registrable Securities, once issued, such securities shall cease to be Registrable
Securities when (i) such securities are sold or otherwise transferred pursuant to an effective registration statement under the Securities Act, (ii) such securities shall have ceased to be outstanding, (iii) such securities have been
transferred in a transaction in which the Holder’s rights under this Agreement are not assigned to the transferee of the securities, (iv) such securities are sold in a broker’s transaction under circumstances in which all of the
applicable conditions of Rule 144 (or any similar provisions then in force) under the Securities Act are met or (v) the stock certificates or evidences of book-entry registration relating to such securities have had all restrictive legends
removed. 
 “Registration Expenses” means all (a) expenses incurred by the Company in complying with Article I,
including all registration, qualification, listing and filing fees, printing expenses, escrow fees, and fees and disbursements of counsel for the Company, blue sky fees and expenses and (b) reasonable, documented
out-of-pocket fees and expenses of one outside legal counsel to the Investor and all Holders retained in connection with registrations and offerings contemplated hereby;
provided, however, that Registration Expenses shall not be deemed to include any Selling Expenses. 
 “Registration
Statement” shall mean any registration statement of the Company filed or to be filed with the SEC under the rules and regulations promulgated under the Securities Act, including the related prospectus, amendments and supplements to such
registration statement, and including pre- and post-effective amendments, and all exhibits and all material incorporated by reference in such registration statement. 

“Restricted Securities” means any Common Stock required to bear the legend set forth in Section 5.09(a) of the
Investment Agreement. 
 “Rule 144” means Rule 144 promulgated under the Securities Act and any successor provision. 

“Rule 462(e)” means Rule 462(e) promulgated under the Securities Act and any successor provision. 

“SEC” means the U.S. Securities and Exchange Commission. 

  
 A-2 

 “Securities Act” means the Securities Act of 1933, as amended, and any
successor statute thereto, and the rules and regulations of the SEC promulgated thereunder. 
 “Selling Expenses” means all
underwriting discounts, selling commissions and stock transfer taxes applicable to the securities registered by the Holders, and the fees and expenses of any counsel to the Holders (other than such fees and expenses expressly included in
Registration Expenses). 
 “Shelf Registration Statement” means the Resale Shelf Registration Statement or a Subsequent
Shelf Registration Statement, as applicable. 
 2. The following terms are defined in the Sections of the Agreement indicated: 

INDEX OF TERMS 
  

			
	 Term
	  	 Section

	Actions	  	Section 5.6(b)
	Agreement	  	Preamble
	Company	  	Preamble
	Company Indemnified Parties	  	Section 3.1
	Effectiveness Period	  	Section 1.2
	Holder Indemnified Parties	  	Section 3.2
	Indemnified Party	  	Section 3.3
	Indemnifying Party	  	Section 3.3
	Interruption Period	  	Section 2.1
	Investment Agreement	  	Recitals
	Investor	  	Preamble
	Losses	  	Section 3.1
	Offering Persons	  	Section 2.1(m)
	Piggyback Notice	  	Section 1.8(a)
	Piggyback Registration Statement	  	Section 1.8(a)
	Piggyback Request	  	Section 1.8(a)
	Quarterly Blackout Period	  	Section 1.6(a)
	Resale Shelf Registration Statement	  	Section 1.1
	Series A Preferred Stock	  	Recitals
	Shelf Offering	  	Section 1.7
	Stockholder	  	Preamble
	Stockholders	  	Preamble
	Subsequent Holder Notice	  	Section 1.5
	Subsequent Shelf Registration Statement	  	Section 1.3
	Take-Down Notice	  	Section 1.7
	Underwritten Offering	  	Section 1.6(a)
	Underwritten Offering Notice	  	Section 1.6(a)

  
 A-3EX-10.2

 Exhibit 10.2 

Execution Version 
  

					
	 JPMORGAN CHASE

BANK, N.A.
 383 Madison
Avenue
 New York, New York 10179
	  	 BANK OF AMERICA, N.A.

MERRILL LYNCH,

PIERCE,
 FENNER &
SMITH
 INCORPORATED

One Bryant Park
 New York, New York
10036
	  	 DEUTSCHE BANK AG

NEW YORK BRANCH
 DEUTSCHE
BANK AG
 CAYMAN ISLANDS

BRANCH
 DEUTSCHE
BANK
 SECURITIES INC.

60 Wall Street
 New York, New York
10005

 CONFIDENTIAL 

November 8, 2018 
 CommScope Holding Company,
Inc. 
 CommScope, Inc. 
 1100 CommScope Place, SE 

Hickory, North Carolina 28602 
 Attention: Alexander W. Pease and
Frank B. Wyatt, II 
 Project Aspen 

Commitment Letter 
 Ladies and Gentlemen:

 You have advised JPMorgan Chase Bank, N.A. (“JPMorgan”), Bank of America, N.A. (“Bank of
America”) Merrill Lynch, Pierce, Fenner & Smith Incorporated (or any of its designated affiliates, “MLPFS”), Deutsche Bank AG New York Branch (“DBNY”), Deutsche Bank AG Cayman
Islands Branch (“DBCI” and, together with DBNY, “DB”) and Deutsche Bank Securities Inc. (“DBSI” and, together with JPMorgan, Bank of America, MLPFS and DB,
“we,” “us” or, individually, a “Commitment Party” and, collectively, the “Commitment Parties”) that CommScope Holding Company, Inc., an entity
incorporated under the laws of the State of Delaware (“Parent”), and CommScope, Inc., an entity incorporated under the laws of the State of Delaware and a wholly owned subsidiary of Parent (“CommScope”
and, together with Parent, “you”), intend to acquire, directly or indirectly, all of the outstanding equity interests (a minimum of 90% of which must have been accepted in respect of any acquisition effected through a
“Takeover Offer” (as defined below)) (the “Acquisition”) of an entity previously identified to us by you as “Aspen” (the “Target”), as contemplated by a Bid Conduct Agreement
(together with all exhibits and schedules thereto, collectively, the “Acquisition Agreement”), whether implemented pursuant to a “Scheme” or a “Takeover Offer” (each as defined in the Acquisition
Agreement). You have further advised us that, in connection with the foregoing, you intend to consummate the other Transactions described in the Transaction Description attached hereto as Exhibit A (the
“Transaction Description”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Transaction Description, or the Summaries of Principal Terms and Conditions attached hereto as
Exhibit B (the “Term Loan Facility Term Sheet”), Exhibit C (the “ABL Facility Term Sheet”) and Exhibit D (the “Bridge Facility Term Sheet” and, collectively
with the Term Loan Facility Term Sheet and the ABL Facility Term Sheet, the “Term  

 
Sheets” or each, a “Term Sheet”; this commitment letter, the Transaction Description, the Term Sheets and the Summary of Additional Conditions attached
hereto as Exhibit E, collectively, the “Commitment Letter”). All references to “dollars” or “$” in this Commitment Letter and the Fee Letter (as defined below) are references to U.S. dollars. 

1. Commitments. 
 In connection with the
Transactions, (i) JPMorgan is pleased to advise you of its commitment to provide 50% of the aggregate principal amount of each of the Credit Facilities (including, without limitation, any Term Loan Increase (as defined in the Fee Letter) and/or
any Bridge Loan OID Increase), (ii) Bank of America is pleased to advise you of its commitment to provide 30% of the aggregate principal amount of each of the Credit Facilities (including, without limitation, any Term Loan Increase and/or any Bridge
Loan OID Increase), (iii) DBNY is pleased to advise you of its commitment to provide 20% of the aggregate principal amount of each of the Term Loan Facility (including, without limitation, any Term Loan Increase) and the ABL Facility and
(iv) DBCI is pleased to advise you of its commitment to provide 20% of the aggregate principal amount of the Bridge Facility (including, without limitation, any Bridge Loan OID Increase) (in such capacities, together with any other initial
lender that becomes a party hereto pursuant to the first proviso in Section 2 hereof, the “Initial Lenders” and, each, an “Initial Lender”), in each case subject only to the satisfaction or waiver
of the conditions referenced in Section 6 hereof. 
 2. Titles and Roles. 

It is agreed that (i) each of JPMorgan, MLPFS and DBSI will act as a joint lead arranger for each of the Credit Facilities and the Term
Loan Amendments (together with any other lead arranger appointed pursuant to this paragraph, each a “Lead Arranger” and, collectively, the “Lead Arrangers”), (ii) each of JPMorgan, MLPFS and DBSI will
act as a bookrunner for each of the Credit Facilities and the Term Loan Amendments (together with any other joint bookrunners appointed pursuant to this paragraph, each a “Joint Bookrunner” and, collectively with the Lead
Arrangers, the “Joint Bookrunners”), (iii) JPMorgan will act as administrative agent and collateral agent for the Term Loan Facility and if the Term Loan Amendments are obtained, continue to act as administrative and
collateral agent under the Existing Term Loan Agreement (in such capacity, the “Term Administrative Agent”), (iv) JPMorgan will act as administrative agent and collateral agent for the ABL Facility (in such capacity, the
“ABL Administrative Agent”) and (v) Bank of America will act as administrative agent for the Bridge Facility (in such capacity, the “Bridge Administrative Agent” and, together with the Term
Administrative Agent and the ABL Administrative Agent, the “Administrative Agents”); provided that you agree that JPMorgan may perform its responsibilities hereunder through its affiliate, J.P. Morgan Securities LLC.
It is further agreed that (a) JPMorgan shall have “left side” designation and shall appear on the top left of any Information Materials (as defined below) and all other offering or marketing materials in respect of the Term Loan
Facility and the Term Loan Amendments with all other Joint Bookrunners listed in customary fashion as mutually agreed to by the Joint Bookrunners and you, (b) JPMorgan shall have “left side” designation and shall appear on the top
left of any Information Materials and all other offering or marketing materials in respect of the ABL Facility with all other Joint Bookrunners listed in customary fashion as mutually agreed to by the Joint Bookrunners and you and (c) MLPFS
shall have “left side” designation and shall appear on the top left of any Information Materials and all other offering or marketing materials in respect of the Bridge Facility 

  
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with all other Joint Bookrunners listed in customary fashion as mutually agreed to by the Joint Bookrunners and you. You agree that no other agents,
co-agents, arrangers or bookrunners will be appointed, no other titles will be awarded and no compensation (other than compensation expressly contemplated by this Commitment Letter and the Fee Letter) will be
required to be paid to any Lender (as defined below) expressly in order to obtain its commitment to participate in the Credit Facilities unless you and we shall so agree; provided that on or prior to the date that is 15 business days after
the Countersign Date (as defined below), you may appoint additional lead arrangers and/or joint bookrunners for the Credit Facilities and award such lead arrangers and/or joint bookrunners additional agent or
co-agent titles in a manner and with economics determined by you in consultation with the Lead Arrangers and Joint Bookrunners, as applicable; provided that (i) additional lead arrangers, joint
bookrunners, agents or co-agents appointed after the date hereof shall receive no more than 18% of the aggregate economics of each of the Credit Facilities and (ii) no such additional lead arranger or
joint bookrunner shall receive greater economics than any Lead Arranger and Joint Bookrunner party hereto on the date hereof (it being understood that, to the extent you appoint additional agents, co-agents,
arrangers or bookrunners or confer other titles in respect of any Credit Facility, such financial institution or affiliates thereof shall commit to providing a percentage of the aggregate principal amount of each of the Credit Facilities (including
any Term Loan Increase and/or any Bridge Loan OID Increase) at least commensurate with the economics and fees awarded to such financial institution and its affiliates, and upon the execution by such financial institution (and any relevant affiliate)
of customary joinder documentation or an amendment to this Commitment Letter and the Fee Letter, such financial institution (and any relevant affiliate) shall assume a pro rata portion of the commitments across the Credit Facilities, and the
commitments of the Initial Lender on the date hereof in respect of the Credit Facilities will be reduced by the amount of the commitments of such appointed entities (or their relevant affiliates) unless the Initial Lender otherwise consents in
writing, and, thereafter, each such financial institution (and any relevant affiliate) shall constitute a “Commitment Party” and “Lead Arranger” or “Joint Bookrunner,” as applicable, hereunder and thereunder and it or
its relevant affiliate providing such commitment shall constitute an “Initial Lender” hereunder and thereunder); provided further that any such appointed entity (or its affiliates) may commit to provide a percentage of the
aggregate principal amount of the ABL Facility that is greater (but not less) than its pro rata portion of the commitments across the other Credit Facilities. We agree to promptly execute such customary joinder agreements and amendments to
this Commitment Letter and the Fee Letter as you may reasonably request and that are reasonably acceptable to us in connection with your appointment rights pursuant to this Section 2. 

3. Syndication. 
 The Joint Bookrunners
reserve the right, prior to or after the Closing Date (as defined below), but subject to the limitations set forth herein, to syndicate all or a portion of the Initial Lenders’ respective commitments hereunder to a group of banks, financial
institutions and other institutional lenders and investors (together with the Initial Lenders, the “Lenders”) identified by the Joint Bookrunners in consultation with you and with your consent (which consent shall not be
unreasonably withheld or delayed; provided that investment objectives, history of any proposed lenders or its affiliates and/or general strategic efforts, including relating to investment banking relationships, shall be a reasonable basis for
you to withhold consent); provided further that (a) we agree not to syndicate our commitments to (i) your, the Target’s or your or its respective subsidiaries’ competitors specified to us by you in writing from time to
time, (ii) certain banks, 

  
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financial institutions, other institutional lenders and other entities, in each case, that have been specified to us by you in writing on or prior to the date hereof (and, which list may be
updated (x) if after the date hereof, but prior to the Closing Date, with the consent (such consent not to be unreasonably withheld or delayed) of the Lead Arrangers holding a majority of the aggregate amount of outstanding financing
commitments in respect of the Credit Facilities on the date hereof and (y) on and after the Closing Date, with respect to the Term Loan Facility, with the Term Administrative Agent’s consent and, with respect to the ABL Facility, with the
ABL Administrative Agent’s consent (in each case, such consent not to be unreasonably withheld, conditioned or delayed)) and (iii) as to any entity referenced in each case of clauses (i) and (ii) above (the “Primary
Disqualified Lender”), any of such Primary Disqualified Lender’s affiliates identified in writing to us from time to time or otherwise readily identifiable by name (it being agreed that the Borrower may withhold its consent (to the
extent consent is required with respect to any such assignment) to any person that is known by it to be an affiliate of a Disqualified Lender regardless of whether such person is reasonably identifiable as an affiliate of such person on the basis of
such affiliate’s name), but excluding (including with respect to the immediately preceding parenthetical) any affiliate that is primarily engaged in, or that advises funds or other investment vehicles that are engaged in, making, purchasing,
holding or otherwise investing in commercial loans, bonds and similar extensions of credit or securities in the ordinary course and with respect to which the Primary Disqualified Lender does not, directly or indirectly, possess the power to direct
or cause the direction of the investment policies of such entity (clauses (i), (ii) and (iii) above collectively, the “Disqualified Lenders”) and that no Disqualified Lenders may become Lenders (provided,
that any additional designation permitted by the foregoing shall not apply retroactively to any prior assignment or participation to any Lender permitted hereunder at the time of such assignment) and (b) notwithstanding the Joint
Bookrunners’ right to syndicate the Credit Facilities and receive commitments with respect thereto, (i) no Initial Lender shall be relieved, released or novated from its obligations hereunder (including its obligation to fund the Credit
Facilities on the date of the consummation of the Acquisition with the proceeds of the initial funding under the Credit Facilities (the date of such funding, the “Closing Date”)) in connection with any syndication, assignment
or participation of the Credit Facilities, including its commitments in respect thereof, until after the initial funding under the Credit Facilities on the Closing Date has occurred, (ii) no assignment or novation shall become effective (as
between you and the Initial Lenders) with respect to all or any portion of any Initial Lender’s commitments in respect of the Credit Facilities until the initial funding of the Credit Facilities has occurred, (iii) unless you otherwise
agree in writing, each Initial Lender shall retain exclusive control over all rights and obligations with respect to its commitments in respect of the Credit Facilities, including all rights with respect to consents, modifications, supplements,
waivers and amendments, until the initial funding under the Credit Facilities on the Closing Date has occurred, and (iv) the Initial Lenders shall not assign prior to the Closing Date more than 49% of their aggregate commitments under the
Bridge Facility unless you agree otherwise in writing; provided that the preceding clauses (i) through (iv) shall not apply to any reduction of commitments in connection with the appointment of any additional arranger, bookrunner, agent
or co-agent pursuant to Section 2 above. 
 Without limiting your obligations to assist with
syndication efforts as set forth herein, it is understood that the Initial Lenders’ commitments hereunder are not conditioned upon the syndication of, or receipt of commitments in respect of, the Credit Facilities and in no event shall the
commencement or successful completion of syndication of the Credit Facilities constitute a condition to the effectiveness of the Facilities Documentation or the availability or funding of the 

  
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Credit Facilities on the Closing Date. In consultation with you, the Joint Bookrunners may commence syndication efforts with respect to the Credit Facilities promptly (taking into account the
expected timing of the Acquisition) upon the execution by you of this Commitment Letter, and, as part of their syndication efforts, it is their intent to have Lenders commit to the Credit Facilities prior to the Closing Date (subject to the
limitations set forth in the preceding paragraph). Until the earlier of (i) the date upon which a Successful Syndication (as defined in the Fee Letter) is achieved and (ii) the date that is 30 days after the Closing Date (such earlier
date, the “Syndication Date”), you agree to assist the Joint Bookrunners in completing a syndication that is reasonably satisfactory to us and you. Such assistance shall be limited to (a) your using commercially
reasonable efforts to ensure that any syndication efforts benefit from your existing lending and investment banking relationships and, to the extent practical and appropriate and not in contravention of the Acquisition Agreement, the Target’s
existing lending and investment banking relationships, (b) your providing direct contact between appropriate members of senior management, certain representatives and certain non-legal advisors of
yours, on the one hand, and the proposed Lenders, on the other hand (and your using commercially reasonable efforts to facilitate such contact between appropriate members of senior management of the Target, on the one hand, and the proposed Lenders,
on the other hand, to the extent practical and appropriate and not in contravention of the Acquisition Agreement), in all such cases at times mutually agreed upon, (c) your assistance (including the use of commercially reasonable efforts to
cause the Target to assist to the extent practical and appropriate and not in contravention of the Acquisition Agreement) in the preparation of the Information Materials and other customary marketing materials to be used in connection with the
syndication, (d) using your commercially reasonable efforts, with our assistance, to procure prior to or concurrent with the launch of syndication, at your expense, public ratings (but not specific ratings) for the Term Loan Facility, the
Bridge Facility and the Notes from each of Standard & Poor’s Ratings Services (“S&P”) and Moody’s Investors Service, Inc. (“Moody’s”), and a
public corporate credit rating and a public corporate family rating (but not specific ratings in either case) in respect of the Borrower after giving effect to the Transactions from each of S&P and Moody’s, respectively, (e) the
hosting, with the Joint Bookrunners, of one meeting of prospective Lenders at a time and location to be mutually agreed upon (and your using commercially reasonable efforts to cause certain officers of the Target to be available for such meeting to
the extent practical and appropriate and not in contravention of the Acquisition Agreement), (f) using your commercially reasonable efforts to ensure that the ABL Administrative Agent and its advisors and consultants shall have sufficient access to
the Target and its subsidiaries to conduct a commercial finance audit examination and an inventory appraisal of the Target and its subsidiaries (to the extent not in contravention of the Acquisition Agreement), (g) using your commercially reasonable
efforts to ensure that the ABL Administrative Agent shall have sufficient access to the Target and its subsidiaries to complete a field exam as promptly as practicable after the date hereof (to the extent not in contravention of the Acquisition
Agreement) and (h) prior to the later of the Closing Date and the Syndication Date, there being no competing issues, offerings or placements of debt securities or commercial bank or other credit facilities by or on behalf of you or any of your
subsidiaries (and to the extent practical and appropriate and not in contravention of the Acquisition Agreement, your using commercially reasonable efforts to ensure there are no competing issues, offerings or placements of debt securities or
commercial bank or other credit facilities by or on behalf of the Target and its subsidiaries) being offered, placed or arranged (other than (1) the Credit Facilities and the Notes, (2) the Existing Term Loan Credit Agreement (as defined
below), including the Existing Term Loan Amendment, (3) 

  
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replacements, extensions and renewals of your or your subsidiaries’ existing indebtedness or any existing indebtedness or other indebtedness of the Target and its subsidiaries permitted to
be incurred pursuant to the Acquisition Agreement, (4) indebtedness in respect of which a fee is paid pursuant to the Fee Letter and (5) for the avoidance of doubt, the Preferred Equity) without the consent of the Joint Bookrunners, if
such issuance, offering, placement or arrangement would reasonably be expected to materially impair the primary syndication of the Credit Facilities or the offering of the Notes (it being understood that your, the Target’s and your and the
Target’s subsidiaries’ ordinary course debt, short-term working capital facilities and ordinary course capital leases, revolving credit facilities (including drawings under the Existing ABL Credit Agreement and the Existing Target Credit
Agreement), purchase money and equipment financings will not materially and adversely impair the syndication of the Credit Facilities or the offering of the Notes). Notwithstanding anything to the contrary contained in this Commitment Letter or the
Fee Letter or any other letter agreement or undertaking concerning the financing of the Transactions to the contrary, neither the obtaining of the ratings referenced above nor the compliance with any of the other provisions set forth in this
Commitment Letter (other than as set forth in Section 6 hereof or on Exhibit E) shall constitute a condition to the commitments hereunder or the funding of the Credit Facilities on the Closing Date. We acknowledge that the Target is not
restricted from incurring debt or liens prior to the Closing Date, except as specifically set forth in the Existing Target Credit Agreement and Acquisition Agreement, and that prior to the Closing Date, the Target is obligated to assist you with
respect to the Credit Facilities only to the extent set forth in the Acquisition Agreement. Your obligations under this Commitment Letter and the Fee Letter to use commercially reasonable efforts to cause the Target or its management to take (or to
refrain from taking) any action will not require you to (a) take any legal action against the Target, its management or any other party under the Acquisition Agreement, (b) take any other action that is in contravention of the terms of the
Acquisition Agreement or (c) terminate the Acquisition Agreement. 
 The Joint Bookrunners, in their capacities as such, will manage,
in consultation with you, all aspects of any syndication of the Credit Facilities, including decisions as to the selection of institutions to be approached and when they will be approached, when their commitments will be accepted, which institutions
will participate, the allocation of the commitments among the Lenders and the amount and distribution of fees among the Lenders (subject, in each case, to your consent rights set forth in the second preceding paragraph (including, for the avoidance
of doubt, with respect to the allocation levels) and your appointment rights set forth in Section 2, and excluding Disqualified Lenders). To assist the Joint Bookrunners in their syndication efforts, you agree to promptly prepare and provide
(and to use commercially reasonable efforts to cause, to the extent practical and appropriate and not in contravention of the Acquisition Agreement, the Target to provide) to us all customary and reasonably available information with respect to you,
the Target and each of your and its respective subsidiaries and the Transactions, including customary financial information and projections prepared by the Borrower and reasonably available to you (such projections, including financial estimates,
forecasts and other forward-looking information, the “Projections”), as the Joint Bookrunners may reasonably request in connection with the structuring, arrangement and syndication of the Credit Facilities. For the avoidance
of doubt, you will not be required to provide (i) any financial information (other than the financial statements referenced in numbered paragraphs 4 and 5 of Exhibit E hereto) concerning you or the Target that neither you nor the Target
maintain in the ordinary course of business, (ii) any other information with respect to you or the Target not reasonably available to you or the Target under your or its 

  
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current reporting systems, (iii) trade secrets or information to the extent that the provision thereof would violate any law, rule or regulation, binding agreement, fiduciary duty, or any
obligation of confidentiality binding upon, or waive any privilege that may be asserted by, you, the Target or any of your or the Target’s respective affiliates or (iv) any information to the extent that the provision thereof would impact
the position taken in any consolidated, combined or unitary tax return filed by you, the Target or any of your or its subsidiaries or any of your or their respective predecessor entities, or affect in any way any of the foregoing’s obligation
to file, or assertion that it is not obligated to file, any such tax return; provided that in the event that you do not provide information pursuant to clause (iii) in reliance on this sentence, you shall provide notice to the Joint
Bookrunners that such information is being withheld and you shall use your commercially reasonable efforts to communicate, to the extent feasible, the applicable information in a way that would not violate the applicable obligation or risk waiver of
such privilege and none of the foregoing shall be construed to limit any of your, the Target’s or the Borrower’s representations and warranties set forth in Section 4 of this Commitment Letter (and any corresponding representation in
the Information Memorandum or the Facilities Documentation, as applicable). Notwithstanding anything herein to the contrary, the only financial statements that shall be required to be provided to the Commitment Parties in connection with the
syndication of the Credit Facilities or as a condition to the commitment hereunder or funding of the Credit Facilities on the Closing Date shall be those required to be delivered pursuant to Exhibit E hereto, and the provision of other
information contemplated by this paragraph shall not constitute a condition to the commitments hereunder or the funding of the Credit Facilities on the Closing Date. 

You hereby acknowledge that (a) the Joint Bookrunners will make available Information (as defined below), the Projections and other
customary offering and marketing material and presentations, including confidential information memoranda to be used in connection with the syndication of the Credit Facilities (the “Information Memorandum”) (such
Information, Projections, other customary offering and marketing material and the Information Memorandum (all of which, when taken as a whole, shall be in form and substance consistent with confidential information memoranda and other marketing
materials for your previous transactions, as modified to take into account the Transactions and updates with respect to you and your subsidiaries), collectively, with the Term Sheets, the “Information Materials”) on a
confidential basis to the proposed syndicate of Lenders by posting the Information Materials on Intralinks, Debt X, SyndTrak Online or by similar electronic means and (b) certain of the Lenders may be “public side” Lenders
(i.e., Lenders who may be engaged in investment and other market-related activities with respect to you or the Target or your or the Target’s respective securities that do not wish to receive material information with respect to you, the
Target or your or their securities that is not publicly available or has not been made available to investors in connection with a Rule 144A or public offering of your or the Target’s securities (“MNPI”) (such Lenders
each, a “Public Sider” and each Lender that is not a Public Sider, a “Private Sider”)). 

At the reasonable request of the Joint Bookrunners, you agree to assist (and to use commercially reasonable efforts to cause, to the extent
practical and appropriate and not in contravention of the Acquisition Agreement, the Target to assist) us in preparing an additional version of the Information Materials to be used in connection with the syndication of the Credit Facilities that
does not include MNPI (all such information and documentation being “Public Information”) to be used by Public Siders. It is understood that in connection with your assistance described above, Parent (with respect to itself
and its subsidiaries) and the Target (with respect to 

  
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itself and its subsidiaries) shall provide us with customary authorization letters for inclusion in any Information Materials that authorize the distribution thereof to prospective Lenders and
shall represent that the additional version of the Information Materials does not include any information that would be MNPI (other than information about the Transactions or the Credit Facilities) and the Information Materials shall exculpate you,
the Target and us with respect to any liability related to the use or misuse of the contents of the Information Materials or related offering and marketing materials by the recipients thereof. Before distribution of any Information Materials, you
agree to, at our reasonable request use commercially reasonable efforts to identify that portion of the Information Materials that may be distributed to the Public Siders as containing solely “Public Information,” which, at a minimum,
shall mean that the word “PUBLIC” shall appear prominently on the first page thereof. By marking Information Materials as “PUBLIC,” you shall be deemed to have authorized the Commitment Parties and the proposed Lenders to treat
such Information Materials as not containing any MNPI (it being understood that you shall not be under any obligation to mark any particular Information Materials “PUBLIC”). You agree that, unless expressly identified as “PUBLIC”
or “Public Information,” each document to be disseminated by the Joint Bookrunners (or any other agent) to any Lender in connection with the Credit Facilities will be deemed to contain MNPI and we will not make any such materials available
to Public Siders. 
 You acknowledge and agree that, subject to the confidentiality and other provisions of this Commitment Letter, the
following documents may be distributed to both Private Siders and Public Siders (provided that such materials have been provided to you and your counsel for review a reasonable period of time prior thereto), unless you advise the Joint
Bookrunners in writing (including by email) within a reasonable time prior to their intended distribution that such materials should only be distributed to Private Siders: (a) administrative materials prepared by the Joint Bookrunners for
prospective Lenders (such as a lender meeting invitation, bank allocation, if any, and funding and closing memoranda), (b) term sheets and notification of changes in the Credit Facilities’ terms and conditions and (c) drafts and final
versions of the Term Loan Facility Documentation, the ABL Facility Documentation and the Bridge Facility Documentation (collectively, such final versions, the “Facilities Documentation”). If you so advise us in writing
(including by email) that any of the foregoing should be distributed only to Private Siders, then Public Siders will not receive such materials from the Joint Bookrunners without your consent. You will be solely responsible for the contents of the
Information Memorandum and each of the Commitment Parties shall be entitled to use and rely upon the information contained therein without responsibility for independent verification thereof. 

4. Information. 
 You hereby represent and
warrant that, as to the Target and its subsidiaries and businesses, to the best of your knowledge, (a) all factual written information and written data (other than the Projections and other than information of a general economic or industry
specific nature, the “Information”), that has been or will be made available to any Commitment Party by you or by any of your representatives on your behalf in connection with the Transactions contemplated hereby, when taken
as a whole after giving effect to all supplements and updates provided thereto, is or will be, when furnished, correct in all material respects and does not or will not, when furnished, contain any untrue statement of a material fact or omit to
state a material fact necessary in order to make the statements contained therein not materially misleading in light of the 

  
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circumstances under which such statements are made and (b) the Projections that have been or will be made available to the Commitment Parties by you or by any of your representatives on your
behalf in connection with the Transactions contemplated hereby have been, or will be, prepared in good faith based upon assumptions that are believed by you to be reasonable at the time prepared and at the time the related Projections are so
furnished; it being understood that the Projections are as to future events and are not to be viewed as facts, the Projections are subject to significant uncertainties and contingencies, many of which are beyond your control, that no assurance can
be given that any particular Projections will be realized and that actual results during the period or periods covered by any such Projections may differ significantly from the projected results and such differences may be material. You agree that,
if at any time prior to the later of the Closing Date and the Syndication Date, you become aware that any of the representations and warranties in the preceding sentence would be incorrect in any material respect if the Information and the
Projections were being furnished, and such representations were being made, at such time, then you will (and with respect to the Target and its subsidiaries, with respect to Information and Projections provided prior to the Closing Date, will use
commercially reasonable efforts to) promptly supplement the Information and the Projections such that (with respect to Information and Projections provided prior to the Closing Date relating to the Target and its subsidiaries, to the best of your
knowledge) such representations and warranties are correct in all material respects under those circumstances, it being understood in each case that such supplementation shall cure any breach of such representations and warranties. Notwithstanding
anything to the contrary contained in this Commitment Letter or the Fee Letter, none of the making of the foregoing representations, any supplements thereto, or the accuracy of any such representations and warranties, whether or not cured, shall
constitute a condition precedent to the availability of the commitments and obligations of the Initial Lenders hereunder or the funding of the Credit Facilities on the Closing Date. In arranging and syndicating the Credit Facilities, each of the
Commitment Parties (i) will be entitled to use and rely primarily on the Information and the Projections without responsibility for independent verification thereof and (ii) does not assume responsibility for the accuracy or completeness
of the Information or the Projections. 
 5. Fees. 

As consideration for the commitments of the Initial Lenders hereunder and for the agreement of the Joint Bookrunners to perform the services
described herein, you agree to pay (or cause to be paid) the fees set forth in the Term Sheets and in the fee letter dated the date hereof and delivered herewith with respect to the Credit Facilities (the “Fee Letter”), if
and to the extent payable. Once paid, such fees shall not be refundable under any circumstances except as otherwise expressly agreed in writing. 
 6.
Conditions. 
 The commitments of the Initial Lenders hereunder to fund the Credit Facilities on the Closing Date and the agreements
of the Joint Bookrunners to perform the services described herein are subject solely to (a) the conditions set forth in the immediately following paragraph, the conditions in the section entitled “Conditions to Initial Borrowing,” to
the extent applicable, in Exhibit B hereto, solely in the case of the Term Loan Facility, the conditions in the section entitled “Conditions to Initial Borrowing,” to the extent applicable, in Exhibit C hereto, solely in the
case of the ABL Facility, and the conditions set forth in the section entitled “Conditions to Initial 

  
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Borrowing” in Exhibit D hereto, solely in the case of the Bridge Facility, and (b) the conditions precedent set forth in Exhibit E hereto and, upon satisfaction (or waiver
by the Commitment Parties) of such conditions and the conditions in the next succeeding paragraph, the initial funding of the Credit Facilities shall occur (except to the extent Notes are issued in lieu of the Bridge Facility or a portion thereof
and the gross cash proceeds from the Notes are available to consummate the Transactions). There are no conditions (implied or otherwise) to the commitments hereunder, and there will be no conditions (implied or otherwise) under the Facilities
Documentation to the initial funding of the Credit Facilities on the Closing Date, including compliance with the terms (but not the conditions) of this Commitment Letter, the Fee Letter and the Facilities Documentation, other than those that are
expressly referred to in the immediately preceding sentence. 
 Subject to the Conditionality Provision (as defined below), in addition, the
commitments of the Initial Lenders hereunder are subject to (a) the execution and delivery by the applicable Borrower and the Guarantors, as applicable, of, solely in the case of the Term Loan Facility, the Term Loan Facility Documentation,
solely in the case of the ABL Facility, the ABL Facility Documentation, and solely in the case of the Bridge Facility, the Bridge Facility Documentation, in each case, consistent with CommScope Precedent (as defined below), as applicable and as
modified in a manner consistent with this Commitment Letter, the applicable Term Sheet and Fee Letter and otherwise mutually agreed to be customary and appropriate for transactions of this type for you in the relevant market as described in the
“Documentation & Defined Terms” paragraphs contained in Exhibit B hereto with respect to the Term Loan Facility Documentation, the “Documentation” paragraph contained in Exhibit C hereto with respect to the
ABL Facility Documentation and the “Documentation” paragraph contained in Exhibit D hereto with respect to the Bridge Facility Documentation and (b) receipt of customary legal opinions, customary closing certificates, customary
evidence of authorization and a solvency certificate of a senior financial officer of you or the Borrower in substantially the form of Annex I to Exhibit E hereto. 

For purposes of this Commitment Letter, the Term Sheets and the Fee Letter, the definitive documentation shall be consistent with CommScope
Precedent and “CommScope Precedent” shall mean the definitive documentation for (i) the Amended and Restated Credit Agreement, dated as of January 14, 2011 (as amended, restated, supplemented or otherwise modified
from time to time (it being agreed that any amendment, waiver, modification or consent to such agreement after the date hereof (other than the Existing Term Loan Amendment) that is material and adverse to the interests of the Lenders or the Joint
Bookrunners shall not be permitted without the prior written consent of the Joint Bookrunners), the “Existing Term Loan Credit Agreement”), in the case of the Term Loan Facility, or another precedent to be agreed by JPMorgan
and you, (ii) the Revolving Credit and Guaranty Agreement, dated as of January 14, 2011 (as amended, restated, supplemented or otherwise modified from time to time (it being agreed that any amendment, waiver, modification or consent to
such agreement after the date hereof that is material and adverse to the interests of the Lenders or the Joint Bookrunners shall not be permitted without the prior written consent of the Joint Bookrunners), the “Existing ABL Credit
Agreement”), in the case of the ABL Facility, or another precedent to be agreed by JPMorgan and you, (iii) the indenture governing the 5.000% senior notes due 2027 issued by CommScope Technologies LLC on March 13, 2017 (the
“CommScope Indenture”), in the case of the Bridge Facility, with changes to reflect the technical aspects of the Bridge Facility, and (iv) the CommScope Indenture, in the case of the Exchange Notes and the Notes; in each
case, including all agreements and documents relating to such 

  
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facilities and financings and amendments thereto, and with (a) modifications as are necessary to reflect the financing structure and the other terms set forth in this Commitment Letter, the
Term Sheets and the Fee Letter and to give due regard to the model delivered by CommScope to the Lead Arrangers, the operational and strategic requirements of Parent and its subsidiaries (including as to the operational and strategic requirements of
the Target and its subsidiaries) in light of their industries, businesses, geographic locations, business practices, financial accounting, proposed business plan, and the disclosure schedules to the Acquisition Agreement, (b) modifications to
reflect the combined business and operations of Parent and its subsidiaries and the Target and its subsidiaries following the Acquisition, (c) modifications to reflect changes in law or accounting standards since the date of such precedent,
(d) with respect to basket amounts and leverage-based thresholds and subject to clause (a), modifications to reflect the Closing Date leverage and consolidated EBITDA of CommScope and its subsidiaries relative to the respective amounts,
thresholds and consolidated EBITDA for the borrower or issuer and its subsidiaries in the CommScope Precedent, including without limitation, in no event less than the amounts set forth in Annex II to Exhibit B hereto, and
(e) modifications to reflect reasonable administrative and operational requirements of the applicable Administrative Agent. Without limiting the conditions precedent to funding provided herein, you and the Commitment Parties will cooperate with
each other in coordinating the timing and procedures for funding the Credit Facilities in a manner consistent with the Acquisition Agreement. 

Notwithstanding anything in this Commitment Letter (including each of the exhibits attached hereto), the Fee Letter, the Facilities
Documentation or any other letter agreement or other undertaking concerning the financing of the Transactions to the contrary, (i) the only representations the making of which shall be a condition to the availability of the Credit Facilities on
the Closing Date shall be (A) such of the representations made by the Target with respect to the Target and its subsidiaries in the Acquisition Agreement as are material to the interests of the Lenders, but only to the extent that you (or your
affiliates party thereto) have the right (taking into account any applicable grace periods or cure provisions) to terminate your (or their respective) obligations under the Acquisition Agreement, or the right to decline to consummate the
Acquisition, as a result of a breach of such representations in the Acquisition Agreement (to such extent, the “Specified Acquisition Agreement Representations”) and (B) the Specified Representations (as
defined below) in the Facilities Documentation and (ii) the terms of the Facilities Documentation shall be in a form such that they do not impair the availability of the Credit Facilities on the Closing Date if the conditions set forth in this
Section 6, solely in the case of the Term Loan Facility, in the section entitled “Conditions to Initial Borrowing” in Exhibit B hereto, solely in the case of the ABL Facility, in the section entitled “Conditions to Initial
Borrowing” in Exhibit C hereto, solely in the case of the Bridge Facility, in the section entitled “Conditions to Initial Borrowing” in Exhibit D hereto, and in Exhibit E hereto are satisfied or waived (it being
understood that, to the extent any lien search, insurance certificate or endorsement or security interest in any Collateral is not or cannot be provided and/or perfected on the Closing Date (other than the pledge and perfection of the security
interests in equity securities of the Borrower and its material, wholly owned domestic subsidiaries (to the extent required under the terms of Exhibit B, C or E and to the extent not held by the administrative or collateral
agent under the Existing Target Credit Agreement as security thereunder; provided, however, to the extent such equity securities are so held as security under the Existing Target Credit Agreement, such administrative or collateral agent shall
irrevocably be instructed to deliver such equity securities to the Term Administrative Agent as soon as possible following the Refinancing) and assets with 

  
 -11- 

 
respect to which a lien may be perfected by the filing of a financing statement under the Uniform Commercial Code; provided that stock certificates for the entities comprising the Target
and its subsidiaries will only be required to be delivered on the Closing Date to the extent received from the Target after use of commercially reasonable efforts) after your use of commercially reasonable efforts to do so or without undue burden or
expense, then the provision of any lien search, insurance certificate or endorsement or the provision and/or perfection of a security interest in such Collateral shall not constitute a condition precedent to the availability of the Credit Facilities
on the Closing Date, but instead shall be required to be provided and/or delivered after the Closing Date pursuant to arrangements and timing to be mutually agreed by the applicable Administrative Agent and the Borrower acting reasonably). Those
matters that are not covered by or made clear under the provisions of this Commitment Letter, the Term Sheets or the Fee Letter are subject to the approval and agreement of the Joint Bookrunners and you; provided that such approvals and
agreements shall be in a manner that is consistent with the Term Sheets and customary and appropriate for transactions of this type consistent with the “Documentation & Defined Terms” paragraph in Exhibit B hereto, in the
case of the Term Loan Facility, the “Documentation” paragraph in Exhibit C hereto, in the case of the ABL Facility, and the “Documentation” paragraph in Exhibit D hereto, in the case of the Bridge Facility, and
shall be subject to the Conditionality Provision. For purposes hereof, “Specified Representations” means the representations and warranties of the applicable Borrower, Parent, CommScope and the other Guarantors set forth in
the Facilities Documentation relating to corporate or other organizational existence, power and authority, due authorization, execution and delivery (in each case, related to the entering into and performance of the Facilities Documentation by the
Borrower, Parent, CommScope and the other Guarantors), Federal Reserve margin regulations, the Investment Company Act of 1940, use of proceeds not violating OFAC regulations, FCPA or certain other anti-corruption and sanctions laws or the PATRIOT
Act (as defined below) and enforceability and no violation of, or conflict with organizational documents of the Borrower, Parent, CommScope and the other Guarantors, in each case, related to the entering into and performance of the Facilities
Documentation, solvency as of the Closing Date (after giving effect to the Transactions) of the Borrower and its subsidiaries on a consolidated basis (with solvency to be defined in a manner consistent with the solvency certificate to be delivered
in the form set forth in Annex I attached to Exhibit E hereto), and, subject to the provisions of this paragraph, creation, validity, perfection and priority of security interests in the Collateral (subject to permitted liens). This
paragraph, and the provisions herein, shall be referred to as the “Conditionality Provision.” 
 7. Indemnity. 

To induce the Commitment Parties to enter into this Commitment Letter and the Fee Letter and to proceed with the documentation of the Credit
Facilities, you agree (a) to indemnify and hold harmless each Commitment Party, their respective affiliates and the respective officers, members, partners, directors, employees, agents, advisors, controlling persons and other representatives of
each of the foregoing and their successors and permitted assigns (each, an “Indemnified Person”), from and against any and all losses, claims, damages and liabilities of any kind or nature and reasonable and documented and
invoiced out-of-pocket fees and expenses, joint or several, to which any such Indemnified Person may become subject to the extent arising out of, resulting from or in
connection with any claim, litigation, investigation or proceeding resulting from this Commitment Letter (including the Term Sheets), the Fee Letter, the Acquisition Agreement, the Transactions, the Credit Facilities or any use of the proceeds
thereof (any of the foregoing, a 

  
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“Proceeding”), regardless of whether any such Indemnified Person is a party thereto, whether or not such Proceedings are brought by you, your equity holders, affiliates,
creditors, the Target or any other third person, and to reimburse each such Indemnified Person upon demand for any reasonable and documented and invoiced out-of-pocket
legal fees and expenses of one firm of counsel for all such Indemnified Persons, taken as a whole and, if necessary, of a single local counsel in each appropriate jurisdiction (which may include a single special counsel acting in multiple
jurisdictions) material to the interests of all such Indemnified Persons, taken as a whole (and, in the case of an actual or perceived conflict of interest where the Indemnified Person affected by such conflict retains its own counsel and informs
you, of another firm of counsel for all similarly affected Indemnified Persons) (or otherwise as agreed by the Borrower) and other reasonable and documented and invoiced
out-of-pocket fees and expenses incurred in connection with investigating or defending any of the foregoing; provided that the foregoing indemnity will not, as to
any Indemnified Person, apply to losses, claims, damages, liabilities or related expenses to the extent that they have resulted from (i) the willful misconduct, bad faith or gross negligence of such Indemnified Person or any of such Indemnified
Person’s controlled affiliates or any of its or their respective officers, directors, employees, agents, advisors or other representatives (as determined by a court of competent jurisdiction in a final and
non-appealable decision), (ii) a material breach of the obligations of such Indemnified Person or any of such Indemnified Person’s controlled affiliates under this Commitment Letter, the Term Sheets
or the Fee Letter (as determined by a court of competent jurisdiction in a final and non-appealable decision) or (iii) any Proceeding that does not involve an act or omission by you or any of your
affiliates and that is brought by an Indemnified Person against any other Indemnified Person (other than any claims against any Commitment Party in its capacity or in fulfilling its role as an Administrative Agent, arranger or any similar role under
the Term Loan Facility, the ABL Facility or the Bridge Facility to the extent none of the exceptions in clauses (i) and (ii) of this proviso would apply) and (b) if the Closing Date occurs (except with respect to respect to reasonable and
documented expenses reasonably related to field examinations, collateral audits and appraisals, which shall be reimbursed regardless of whether the Closing Date occurs), to reimburse the Commitment Parties from time to time, upon presentation
of a summary statement, for all reasonable and documented and invoiced out-of-pocket expenses, expenses reasonably related to field examinations, collateral audits and
appraisals, syndication expenses, travel expenses and reasonable documented and invoiced fees, disbursements and other charges of counsel to each Administrative Agent identified in the Term Sheets and of a single local counsel to the Commitment
Parties in each appropriate jurisdiction (which may include a single special counsel acting in multiple jurisdictions) (and, in the case of an actual or perceived conflict of interest where the Indemnified Person affected by such conflict retains
its own counsel and informs you, of another firm of counsel for all similarly affected Indemnified Persons) and of such other counsel retained with your prior written consent (which consent shall not be unreasonably withheld or delayed) or retained
in connection with enforcement of this Commitment Letter or the Fee Letter, in each case incurred in connection with the Credit Facilities and the preparation, negotiation and enforcement of this Commitment Letter, the Fee Letter, the Facilities
Documentation and any security arrangements in connection therewith (collectively, the “Expenses”). You acknowledge that we may receive a benefit, including without limitation, a discount, credit or other accommodation, from
any of such counsel based on the fees such counsel may receive on account of their relationship with us, including without limitation, fees paid pursuant hereto or the Fee Letter. The foregoing provisions in this paragraph shall be superseded in
each case, to the extent covered thereby, by the applicable provisions contained in the Facilities Documentation upon execution thereof and thereafter shall have no further force and effect. 

  
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 You shall not, without the prior written consent of any Indemnified Person (which consent
shall not be unreasonably withheld, delayed or conditioned), effect any settlement of any pending or threatened proceedings in respect of which indemnity could have been sought hereunder by such Indemnified Person unless such settlement
(i) includes an unconditional release of such Indemnified Person in form and substance reasonably satisfactory to such Indemnified Person from all liability or claims that are the subject matter of such proceedings and (ii) does not
include any statement as to or any admission of fault, culpability, wrongdoing or a failure to act by or on behalf of any Indemnified Person. Each Indemnified Person shall be severally obligated to refund or return any and all amounts paid by you
under this Section 7 to the extent such Indemnified Person is not entitled to payment of such amounts in accordance with the terms hereof (as determined by a court of competent jurisdiction in a final and
non-appealable judgment). 
 You shall not be liable for any settlement of any Proceeding effected
without your consent (which consent shall not be unreasonably withheld, delayed or conditioned), but if settled with your written consent or if there is a judgment by a court of competent jurisdiction in any such Proceeding, you agree to indemnify
and hold harmless each Indemnified Person from and against any and all losses, claims, damages, liabilities and expenses by reason of such settlement or judgment in accordance with and to the extent provided in the other provisions of this
Section 7. 
 Notwithstanding any other provision of this Commitment Letter or the Fee Letter, (i) no Indemnified Person shall be
liable for any damages arising from the use by others of information or other materials obtained through internet, electronic, telecommunications or other information transmission systems, except to the extent that such damages have resulted from
the willful misconduct, bad faith or gross negligence of, or a material breach of the obligations under this Commitment Letter, the Term Sheets or the Fee Letter by, such Indemnified Person or any of such Indemnified Person’s controlled
affiliates or any of its or their respective officers, directors, employees, agents, advisors, controlling persons or other representatives (as determined by a court of competent jurisdiction in a final and
non-appealable decision) and (ii) none of we, you (or your subsidiaries) the Investors, the Target (or its subsidiaries) or any Indemnified Person shall be liable for any indirect, special, punitive or
consequential damages in connection with this Commitment Letter, the Fee Letter, the Transactions (including the Credit Facilities and the use of proceeds thereunder), or with respect to any activities related to the Credit Facilities, including the
preparation of this Commitment Letter, the Fee Letter and the Facilities Documentation; provided that nothing contained in this paragraph shall limit your indemnity and reimbursement obligations to the extent set forth in the third
immediately preceding paragraph. 
 It is further agreed that the Initial Lenders shall be severally liable in respect of their respective
commitments to the Credit Facilities on a several, and not joint, basis with any other Initial Lender, and no Initial Lender shall be responsible for the commitment of any other Initial Lender. 

  
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 8. Sharing of Information, Absence of Fiduciary Relationships, Affiliate Activities. 

You acknowledge that the Commitment Parties and their respective affiliates may be providing debt financing, equity capital or other services
(including, without limitation, financial advisory services) to other persons in respect of which you, the Target and your and its respective affiliates may have conflicting interests regarding the transactions described herein and otherwise. None
of the Commitment Parties or their respective affiliates will use confidential information obtained from you by virtue of the transactions contemplated by this Commitment Letter or their other relationships with you in connection with the
performance by them or their respective affiliates of services for other persons, and none of the Commitment Parties or their affiliates will furnish any such information to other persons, except to the extent permitted below. You also acknowledge
that none of the Commitment Parties or their respective affiliates has any obligation to use in connection with the transactions contemplated by this Commitment Letter, or to furnish to you, confidential information obtained by them from other
persons. 
 As you know, certain of the Commitment Parties may be full service securities firms engaged, either directly or through their
affiliates, in various activities, including securities trading, commodities trading, investment management, financing and brokerage activities and financial planning and benefits counseling for both companies and individuals. In the ordinary course
of these activities, certain of the Commitment Parties and their respective affiliates may actively engage in commodities trading or trade the debt and equity securities (or related derivative securities) and financial instruments (including bank
loans and other obligations) of you, the Target and other companies which may be the subject of the arrangements contemplated by this Commitment Letter for their own account and for the accounts of their customers and may at any time hold long and
short positions in such securities. Certain of the Commitment Parties or their affiliates may also co-invest with, make direct investments in, and invest or co-invest
client monies in or with funds or other investment vehicles managed by other parties, and such funds or other investment vehicles may trade or make investments in securities of you, the Target or other companies which may be the subject of the
arrangements contemplated by this Commitment Letter or engage in commodities trading with any thereof. 
 The Commitment Parties and their
respective affiliates may have economic interests that conflict with those of the Target and you. You agree that the Commitment Parties will act under this letter as independent contractors and that nothing in this Commitment Letter or the Fee
Letter will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between the Commitment Parties and you and the Target, your and their respective equity holders or your and their respective affiliates.
You acknowledge and agree that (i) the transactions contemplated by this Commitment Letter and the Fee Letter are arm’s-length commercial transactions between the Commitment Parties and their
affiliates, on the one hand, and you, on the other hand, (ii) in connection therewith and with the process leading to such transaction each Commitment Party and its applicable affiliates (as the case may be) is acting solely as a principal and
not as agents or fiduciaries of you, the Target, your and their management, equity holders, creditors, affiliates or any other person, (iii) the Commitment Parties and their applicable affiliates (as the case may be) have not assumed an
advisory or fiduciary responsibility or any other obligation in favor of you or your affiliates with respect to the transactions contemplated hereby or the process leading thereto (irrespective of whether the Commitment Parties or any of their
respective affiliates have advised or are currently advising you or the Target on other matters) except the obligations expressly set forth in this Commitment Letter and the Fee Letter and (iv) you have consulted your own legal and financial
advisors to the extent you deemed appropriate. You 

  
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further acknowledge and agree that neither we nor any of our affiliates are advising you as to any legal, tax, investment, accounting or regulatory matters in any jurisdiction and you are
responsible for making your own independent judgment with respect to the transactions contemplated hereby and the process leading thereto. You agree that you will not claim that the Commitment Parties or their applicable affiliates, as the case may
be, have rendered advisory services in connection with the services provided pursuant to this Commitment Letter, or owe a fiduciary or similar duty to you or your affiliates, in connection with such transaction or the process leading thereto. You
agree not to assert, to the fullest extent permitted by law, any claims you may have against us or our affiliates (in our capacity as the Commitment Parties hereunder) for breach of fiduciary duty or alleged breach of fiduciary duty arising out of
this Commitment Letter and agree that we and our affiliates shall have no liability (whether direct or indirect) to you in respect of such a fiduciary duty claim or to any person asserting a fiduciary duty claim on behalf of or in right of you,
including your equity holders, employees or creditors. 
 In addition, please note that J.P. Morgan Securities LLC has been retained by you
as M&A advisor (in such capacity, the “M&A Advisor”) to you in connection with the Acquisition. You agree not to assert any claim you might allege based on any actual or potential conflicts of interest that might be
asserted to arise or result from, on the one hand, the engagement of the M&A Advisor and, on the other hand, our and our affiliates’ relationships with you as described and referred to herein. 

9. Confidentiality. 
 You agree that you
will not disclose the Fee Letter and the contents thereof or this Commitment Letter, the Term Sheets, the other exhibits and attachments hereto and the contents of each thereof to any person or entity without prior written approval of the Joint
Bookrunners (such approval not to be unreasonably withheld, conditioned or delayed), except (a) to the Investors (or potential Investors), and to your and any of the Investors’ (or potential Investors’) officers, directors, agents,
employees, attorneys, accountants, advisors or controlling persons and to actual and potential co-investors who are informed of the confidential nature hereof and thereof (and, in each case, each of their
attorneys) on a confidential and need-to-know basis, (b) if the Commitment Parties consent in writing to such proposed disclosure or (c) pursuant to the order
of any court or administrative agency in any pending legal, judicial or administrative proceeding, or otherwise as required by applicable law or legal process or to the extent requested or required by governmental and/or regulatory authorities, in
each case based on the reasonable advice of your legal counsel (in which case you agree, to the extent practicable and not prohibited by applicable law, rule or regulation to inform us promptly thereof prior to disclosure); provided that you
may disclose (i) this Commitment Letter (but not the Fee Letter, the disclosure of which is governed by clauses (iv) and (vi) below) and the contents hereof to the Target, its subsidiaries and their respective officers, directors, agents,
employees, attorneys, accountants, advisors, controlling persons or equity holders (and each of their attorneys), on a confidential and need-to-know basis,
(ii) this Commitment Letter and its contents (but not the Fee Letter) in any syndication or other marketing materials in connection with the Credit Facilities, in any offering memoranda, private placement memoranda or other marketing materials
relating to the Notes or in connection with any public release or filing relating to the Transactions, (iii) this Commitment Letter, the Term Sheets and the other exhibits and annexes to this Commitment Letter, and the contents thereof, to
potential Lenders, and their respective officers, directors, agents, employees, attorneys, accountants or 

  
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advisors (but not the Fee Letter; provided that disclosure of the Fee Letter to such potential Lenders and their respective officers, directors, agents, employees, attorneys, accountants
or advisors shall be permitted to the extent in contemplation of adding such Lenders as additional agents, co-agents, arrangers or bookrunners pursuant to Section 2 hereof) and to rating agencies in
connection with obtaining ratings for the Borrower and the Credit Facilities and Notes, (iv) the aggregate fee amounts contained in the Fee Letter as part of the Projections, pro forma information or a generic disclosure of aggregate
sources and uses related to fee amounts related to the Transactions to the extent customary or required in offering and marketing materials for the Credit Facilities and/or the Notes or in any public release or filing relating to the Transactions,
including in any filings made with the U.S. Securities and Exchange Commission or The NASDAQ Global Select Market, (v) this Commitment Letter and its contents (but not the Fee Letter) to the extent that such information becomes publicly
available other than by reason of improper disclosure by you or your officers, directors, agents, employees, attorneys, accountants, advisors, controlling persons or actual co-investors in violation of any
confidentiality obligations hereunder, (vi) to the extent portions thereof addressing fees payable to the Commitment Parties and/or the Lenders, pricing caps, economic flex terms and other economic terms have been redacted in a customary
manner, you may disclose the Fee Letter and the contents thereof, in each case, to the Target, its subsidiaries and their respective officers, directors, agents, employees, attorneys, accountants, advisors, controlling persons or equity holders (and
each of their attorneys), on a confidential and need-to-know basis and (vii) this Commitment Letter and the Fee Letter to the extent necessary in connection with
the enforcement of your rights hereunder. 
 The Commitment Parties and their affiliates will use all information provided to them or such
affiliates by or on behalf of you hereunder or in connection with the Acquisition and the related Transactions solely for the purpose of providing the services which are the subject of this Commitment Letter and shall treat confidentially all such
information and shall not publish, disclose or otherwise divulge, such information; provided that nothing herein shall prevent the Commitment Parties and their affiliates from disclosing any such information (a) pursuant to the order of
any court or administrative agency or in any pending legal, judicial or administrative proceeding, or otherwise as required by applicable law, rule or regulation or compulsory legal process based on the advice of counsel (in which case the
Commitment Parties agree (except with respect to any audit or examination conducted by bank accountants or any governmental bank regulatory authority exercising examination or regulatory authority), to the extent practicable and not prohibited by
applicable law, rule or regulation to inform you promptly thereof prior to disclosure), (b) upon the request or demand of any regulatory authority having jurisdiction over the Commitment Parties or any of their respective affiliates (in which
case the Commitment Parties agree, to the extent practicable and not prohibited by applicable law, to inform you promptly thereof prior to disclosure (except with respect to any audit or examination conducted by bank accountants or any governmental
bank regulatory authority exercising examination or regulatory authority)), (c) to the extent that such information becomes publicly available other than by reason of improper disclosure by the Commitment Parties or any of their affiliates or
any of their respective members, partners, officers, directors, employees, legal counsel, independent auditors, professionals and other experts or agents, advisors, controlling persons and other representatives (the “Related
Parties”) thereto in violation of any confidentiality obligations owing to you, the Investors, the Target or any of your or their respective affiliates (including those set forth in this paragraph), (d) to the extent that such
information is received by the Commitment Parties from a third party that is not, to the Commitment Parties’ knowledge, subject to contractual or fiduciary 

  
 -17- 

 
confidentiality obligations owing to you, the Investors, the Target or any of your or their respective affiliates or related parties, (e) to the extent that such information is independently
developed by the Commitment Parties without the use of any such confidential information, (f) to the Commitment Parties’ affiliates and to its and their respective employees, legal counsel, independent auditors, professionals and other
experts or agents (collectively, the “Representatives”) who need to know such information in connection with the Transactions and who are informed of the confidential nature of such information and are or have been advised of
their obligation to keep information of this type confidential (provided that such Commitment Party shall be responsible for the compliance of its controlled affiliates and Representatives with the provisions of this paragraph), (g) to
potential or prospective Lenders, participants or assignees and to any direct or indirect contractual counterparty to any swap or derivative transaction relating to Parent or any of its subsidiaries, subject to the proviso below, (h) for
purposes of establishing a “due diligence” defense in connection with any proceeding related to the offering of the Notes, (i) to ratings agencies, in connection with obtaining the ratings described in Section 3 hereof, in
consultation and coordination with you or (j) to the extent you shall have consented to such disclosure in writing; provided that (x) the disclosure of any such information to any Lender or prospective Lender or participant or
prospective participant referred to above shall be made subject to the acknowledgment and acceptance by such Lender or prospective Lender or participant or prospective participant that such information is being disseminated on a confidential basis
(on substantially the terms set forth in this paragraph or as is otherwise reasonably acceptable to you and each Commitment Party, including, without limitation, as agreed in any Information Materials or other marketing materials) in accordance with
the standard syndication processes of the Commitment Party or customary market standards for dissemination of such type of information, which shall in any event require “click through” or other affirmative actions on the part of the
recipient to access such information and (y) no such disclosure shall be made by such Commitment Party to any Disqualified Lender. The Commitment Parties’ and their affiliates’, if any, obligations under this paragraph shall terminate
automatically and be superseded by the confidentiality provisions in the Facilities Documentation upon the initial funding thereunder. Notwithstanding anything to the contrary, this paragraph shall automatically terminate on the second anniversary
hereof. 
 10. Miscellaneous. 
 This
Commitment Letter and the commitments hereunder shall not be assignable by any party hereto (other than in connection with the syndication of the Credit Facilities as contemplated hereunder (but subject to the limitations set forth in Section 3
hereto)), in each case, without the prior written consent of each other party hereto (which consent shall not be unreasonably withheld or delayed) (and any attempted assignment without such consent shall be null and void). This Commitment Letter and
the commitments hereunder are, and are intended to be, solely for the benefit of the parties hereto (and Indemnified Persons to the extent expressly set forth herein) and do not, and are not intended to, confer any benefits upon, or create any
rights in favor of, any person other than the parties hereto (and Indemnified Persons to the extent expressly set forth herein). Subject to the limitations set forth in Section 3 above, the Commitment Parties reserve the right to employ the
services of their affiliates or branches in providing services contemplated hereby and to allocate, in whole or in part, to their affiliates or branches certain fees payable to the Commitment Parties in such manner as the Commitment Parties and
their affiliates or branches may agree in their sole discretion and, to the extent so employed, such affiliates and branches shall 

  
 -18- 

 
be entitled to the benefits and protections afforded to, and subject to the provisions governing the conduct of the Commitment Parties hereunder. It is further acknowledged and agreed that MLPFS
may, without notice to you, assign its rights and obligations under this Commitment Letter and the Fee Letter to any other registered broker-dealer wholly owned by Bank of America Corporation to which all or substantially all of Bank of America
Corporation’s or any of its subsidiaries’ investment banking, commercial lending services or related business may be transferred following the date hereof. This Commitment Letter may not be amended or any provision hereof waived or
modified except by an instrument in writing signed by each of the Commitment Parties and you. This Commitment Letter may be executed in any number of counterparts, each of which shall be deemed an original and all of which, when taken together,
shall constitute one agreement. Delivery of an executed counterpart of a signature page of this Commitment Letter by facsimile, scan, photograph or other electronic transmission shall be effective as delivery of a manually executed counterpart
hereof. This Commitment Letter (including the exhibits hereto), together with the Fee Letter, (i) are the only agreements that have been entered into among the parties hereto with respect to the commitments relating to the Credit Facilities and
(ii) supersede all prior understandings, whether written or oral, among us with respect to the Credit Facilities and set forth the entire understanding of the parties hereto with respect thereto. THIS COMMITMENT LETTER AND ANY CLAIM,
CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED TO THIS COMMITMENT LETTER SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT
THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY; provided, however, that (a) the interpretation of the definition of Company Material Adverse Effect (as defined in the Acquisition Agreement) (and
whether or not a Company Material Adverse Effect has occurred, including for purposes of the conditions to funding the Credit Facilities), (b) the determination of the accuracy of any Specified Acquisition Agreement Representations and whether as a
result of any inaccuracy of any Specified Acquisition Agreement Representation there has been a failure of a condition to funding the Credit Facilities and (c) the determination of whether the Acquisition (as defined in the Acquisition
Agreement) has been consummated and whether the Acquisition has been consummated in accordance with the terms of the Acquisition Agreement shall, in each case, be governed by, and construed in accordance with, the laws of the State of Delaware,
without giving effect to any choice or conflict of law provision or rule that would cause the application of laws of any other jurisdiction. 

Each Commitment Party severally and not jointly represents and warrants that this Commitment Letter and the Fee Letter constitute its legally
valid and binding obligation (except as may be limited by bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or other similar laws relating to or affecting the rights of creditors generally), including (i) to
provide services set forth herein and fund its commitment under the Credit Facilities and (ii) to negotiate in good faith the Facilities Documentation in a manner consistent with this Commitment Letter, in each case, enforceable in accordance
with their terms and subject only to the conditions precedent as provided herein in Section 6, subject to the Conditionality Provision. You represent and warrant that this Commitment Letter and the Fee Letter constitute your legally valid and
binding obligations (except as may be limited by bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium or other similar laws relating to or affecting the rights of creditors generally), enforceable against you in
accordance with their terms; provided that nothing contained in this Commitment Letter or the Fee Letter obligates you or any of your affiliates to consummate Transactions or to draw upon all or any portion of the Credit Facilities. 

  
 -19- 

 EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY ACTION,
PROCEEDING, CLAIM OR COUNTERCLAIM BROUGHT BY OR ON BEHALF OF ANY PARTY RELATED TO OR ARISING OUT OF THIS COMMITMENT LETTER OR THE FEE LETTER OR THE PERFORMANCE OF SERVICES HEREUNDER OR THEREUNDER. 

Each of the parties hereto hereby irrevocably and unconditionally (a) submits, for itself and its property, to the exclusive jurisdiction
of any New York State court or Federal court of the United States of America sitting in the Borough of Manhattan in the City of New York, and any such appellate court from any thereof, in any action or proceeding arising out of or relating to this
Commitment Letter, the Fee Letter or the transactions contemplated hereby or thereby, or for recognition or enforcement of any judgment, and agrees that all claims in respect of any such action or proceeding shall be heard and determined in such New
York State court or, to the extent permitted by law, in such Federal court, (b) waives, to the fullest extent it may legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or
proceeding arising out of or relating to this Commitment Letter, the Fee Letter or the transactions contemplated hereby or thereby in any such New York State court or in any such Federal court, (c) waives, to the fullest extent permitted by
law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court and (d) agrees that a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by law. Each of the parties hereto agrees that service of process, summons, notice or document by registered mail addressed to you or us at the addresses set forth above shall be
effective service of process for any suit, action or proceeding brought in any such court. 
 We hereby notify you that pursuant to the
requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “PATRIOT Act”) and the requirements of 31 C.F.R. §1010.230 (the
“Beneficial Ownership Regulation”), each of us and each of the Lenders may be required to obtain, verify and record information that identifies the Borrower and the Guarantors, which information may include their names,
addresses, tax identification numbers, beneficial ownership and other information that will allow each of us and the Lenders to identify the Borrower and the Guarantors in accordance with the PATRIOT Act or the Beneficial Ownership Regulation, as
applicable. This notice is given in accordance with the requirements of the PATRIOT Act and is effective for each of us and the Lenders. 

The indemnification, compensation (if applicable), reimbursement (if applicable), jurisdiction, governing law, venue, waiver of jury trial,
syndication (if applicable), absence of fiduciary relationships, information and confidentiality provisions contained herein and in the Fee Letter shall remain in full force and effect regardless of whether Facilities Documentation shall be executed
and delivered and notwithstanding the termination or expiration of this Commitment Letter or the Initial Lenders’ commitments hereunder; provided that your obligations under this Commitment Letter (other than your obligations with
respect to (a) assistance to be provided in connection with the syndication thereof (including supplementing and/or correcting Information and Projections) prior to the Syndication Date and (b) confidentiality of the Fee Letter and the

  
 -20- 

 
contents thereof) shall automatically terminate and be superseded by the provisions of the Facilities Documentation upon the initial funding thereunder, and you shall automatically be released
from all liability in connection therewith at such time. You may terminate this Commitment Letter and/or the Initial Lenders’ commitments with respect to the Credit Facilities hereunder (or any portion thereof with respect to any Credit
Facility, pro rata for the Initial Lenders’ commitments with respect to such Credit Facility), in whole or in part, at any time subject to the provisions of the preceding sentence; provided, that if any such Initial Lender
at any time would qualify as a “Defaulting Lender” under such definition in the CommScope Precedent, you may terminate such Initial Lender’s commitments with respect to the Credit Facilities on a non-pro rata basis and/or
replace the commitments of such Initial Lender in accordance with the provisions of Section 2 of this letter, but without giving regard to the time limitations and pro rata decrease of commitments set forth therein. 

Section headings used herein are for convenience of reference only and are not to affect the construction of, or to be taken into
consideration in interpreting, this Commitment Letter. 
 If the foregoing correctly sets forth our agreement, please indicate your
acceptance of the terms of this Commitment Letter and of the Fee Letter by returning to the Commitment Parties executed counterparts hereof and of the Fee Letter not later than 11:59 p.m., New York City time, on November 8, 2018 (the date that
you return such executed counterparts, the “Countersign Date”). The Initial Lenders’ commitments and the obligations of the Joint Bookrunners hereunder will expire at such time in the event that we (or our legal counsel)
have not received such executed counterparts in accordance with the immediately preceding sentence. If you do so execute and deliver to us this Commitment Letter and the Fee Letter, we agree to hold our commitment available for you until the
earliest of (such earliest date being the “Termination Date”) (i) five business days (as defined in the Acquisition Agreement) after the Long Stop Termination Date (as defined in the Acquisition Agreement as in effect on
the date hereof and as may be extended in accordance with the Acquisition Agreement as in effect on the date hereof), (ii) the Closing Date, (iii) the termination of the Acquisition Agreement in accordance with its terms without the funding of
the Credit Facilities and (iv) the consummation of the Acquisition without the funding of the Credit Facilities. Upon the occurrence of the Termination Date, this Commitment Letter and the commitments of each of the Commitment Parties hereunder
and the agreement of the Joint Bookrunners to provide the services described herein shall automatically terminate unless each of the Commitment Parties (each, as to itself) shall, in their discretion, agree to an extension in writing. 

[Signature Pages Follow] 

  
 -21- 

 We are pleased to have been given the opportunity to assist you in connection with the
financing for the Transactions. 
  

			
	Very truly yours,
	
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	 /s/ Inderjeet Singh Aneja

	Name:	 	Inderjeet Singh Aneja
	Title:	 	Vice President

 [Project Aspen Commitment Letter Signature Page] 

 
			
	BANK OF AMERICA, N.A.
		
	By:	 	 /s/ Vikas Singh

	Name:	 	Vikas Singh
	Title:	 	Director
	
	MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
		
	By:	 	 /s/ Vikas Singh

	Name:	 	Vikas Singh
	Title:	 	Director

 [Project Aspen Commitment Letter Signature Page] 

 
			
	DEUTSCHE BANK AG NEW YORK BRANCH

 
			
		
	By:	 	 /s/ Nikko Hayes

	Name:	 	Nikko Hayes
	Title:	 	Managing Director
		
	By:	 	 /s/ Alvin Varughese

	Name:	 	Alvin Varughese
	Title:	 	Director

 
			
	
	DEUTSCHE BANK SECURITIES INC.

 
			
		
	By:	 	 /s/ Nikko Hayes

	Name:	 	Nikko Hayes
	Title:	 	Managing Director
		
	By:	 	 /s/ Alvin Varughese

	Name:	 	Alvin Varughese
	Title:	 	Director

 
			
	
	DEUTSCHE BANK AG CAYMAN ISLANDS BRANCH

 
			
		
	By:	 	 /s/ Nikko Hayes

	Name:	 	Nikko Hayes
	Title:	 	Managing Director
		
	By:	 	 /s/ Alvin Varughese

	Name:	 	Alvin Varughese
	Title:	 	Director

 [Project Aspen Commitment Letter Signature Page] 

 Accepted and agreed to as of 

the date first above written: 

COMMSCOPE HOLDING COMPANY, INC. 
  

					
	By:	 	 /s/ Alexander W. Pease

		 	Name:	 	Alexander W. Pease
		 	Title:	 	Executive Vice President and Chief Financial Officer
	
	COMMSCOPE, INC.
		
	By:	 	 /s/ Alexander W. Pease

		 	Name:	 	Alexander W. Pease
		 	Title:	 	Executive Vice President and Chief Financial Officer

 [Project Aspen Commitment Letter Signature Page] 

 EXHIBIT A 

Project Aspen 

Transaction Description 

Capitalized terms used but not defined in this Exhibit A shall have the meanings set forth in the Commitment Letter. In the case of any
such capitalized term that is subject to multiple and differing definitions, the appropriate meaning thereof in this Exhibit A shall be determined by reference to the context in which it is used. 

Parent and CommScope intend to consummate the Acquisition pursuant to the Acquisition Agreement. 

In connection with the foregoing, it is intended that: 

(a) Pursuant to the Acquisition Agreement, Parent and/or CommScope will consummate the Acquisition and the other transactions
described therein or related thereto. 
 (b) CommScope shall seek an amendment (or multiple amendments) (the
“Existing Term Loan Amendment”) to the Existing Term Loan Credit Agreement (as amended by the Existing Term Loan Amendment, hereinafter referred to as the “Amended Term Loan Credit Agreement”), which
Existing Term Loan Amendment shall (i) implement the amendments described in clauses (a) and (b) on Annex I to this Exhibit A prior to the Closing Date (the “Pre-Acquisition
Term Loan Amendments”) and (ii) make certain other amendments described in clauses (c) and (d) on Annex I to this Exhibit A, which amendments will become effective immediately after the Acquisition is consummated
(such amendments, the “Closing Date Term Loan Amendments, and together with the Pre-Acquisition Term Loan Amendments, the “Term Loan Amendments”). 

(c) The Borrower (as such term is defined in Exhibit B to the Commitment Letter) will obtain (i) a
$5,500 million senior secured incremental term loan facility, as described in Exhibit B to the Commitment Letter (the “New Term Loan Facility”), under the Amended Term Loan Credit Agreement, and (ii) if the Pre-Acquisition Term Loan Amendments are not obtained prior to the Closing Date, an additional amount of term loans that, net of original issue discount (“OID”) and any other fees payable in
connection with the incurrence thereof, is sufficient to repay and replace in full the aggregate principal amount of term loans outstanding under the Existing Term Loan Credit Agreement on the Closing Date (the “Backstop Term Loan
Facility,” and together with the New Term Loan Facility, the “Term Loan Facility”); it being understood that the Commitment Parties are committing to provide the entirety of the Term Loan Facility (including the
Backstop Term Loan Facility). 
 (d) The Borrower (as such term is defined in Exhibit C to the Commitment Letter) will
obtain a $750 million asset-based revolving credit facility, as described in Exhibit C to the Commitment Letter (the “ABL Facility”). 

  
 A-1 

 (e) The Borrower (as such term is defined in Exhibit D to the
Commitment Letter) will, at its option (i) issue and sell senior unsecured notes (the “Notes”) in a Rule 144A or other private placement on or prior to the Closing Date yielding $1,000 million in gross cash proceeds
and/or (ii) if and to the extent that less than $1,000 million of gross cash proceeds is received from Notes issued on or prior to the Closing Date, or, if funded prior to the Closing Date into escrow arrangements, to the extent that the
gross cash proceeds of such Notes are not available to consummate the Transactions, borrow up to $1,000 million of senior unsecured bridge loans (less the gross cash proceeds received by the Borrower from the Notes issued on or prior to the
Closing Date, the proceeds of which, if funded prior to the Closing Date into escrow arrangements, are available to consummate the Transactions), plus, at the Borrower’s option pursuant to the Bridge Facility Term Sheet, the amount of
any Bridge Loan OID Increase related to such borrowings (the “Initial Bridge Loans”), under a senior unsecured credit facility described in Exhibit D to the Commitment Letter (the “Bridge
Facility” and, together with the Term Loan Facility and the ABL Facility, the “Credit Facilities”). 

(f) Parent will issue shares of convertible preferred equity securities on terms substantially consistent with those previously
described to the Initial Lenders or other equity or equity-linked securities reasonably acceptable to the Initial Lenders (the “Preferred Equity”) to certain investors (the “Investors”) yielding
$1,000 million in gross cash proceeds to Parent; 
 (g) All existing third-party indebtedness for borrowed money of
(i) CommScope and its subsidiaries under the Existing ABL Credit Agreement and, to the extent the Pre-Acquisition Term Loan Amendments are not obtained prior to the Closing Date, the Existing Term Loan
Credit Agreement and (ii) the Target and its subsidiaries under that certain Credit Agreement, dated as of March 27, 2013, by and among the Target, the other parties from time to time party thereto and Bank of America, N.A., as
administrative agent (as amended, restated, amended and restated, extended, supplemented or otherwise modified prior to the date hereof, the “Existing Target Credit Agreement”), in each case of clauses (i) and (ii), will
be repaid, redeemed, repurchased, defeased, discharged, refinanced or terminated (or notice for the repayment or redemption thereof will be given to the extent accompanied by any prepayments or deposits required to defease, terminate and satisfy and
discharge in full the obligations under any related indentures or notes), and all related guarantees and security interests will be terminated and released substantially concurrently with the initial funding of the Credit Facilities (or arrangements
for such termination and release reasonably satisfactory to the Administrative Agents shall have been made) (the “Refinancing”). 

(h) The proceeds of the Notes (if any), the Credit Facilities (to the extent borrowed on the Closing Date) and the Preferred
Equity, together with cash on hand, will be applied (i) to pay the purchase price in connection with the Acquisition, (ii) to pay the fees, costs and expenses incurred in connection with the Transactions and (iii) to effect the
Refinancing (the amounts set forth in clauses (i) through (iii), collectively, the “Acquisition Costs”). 

  
 A-2 

 The transactions described above (including the payment of Acquisition Costs) are
collectively referred to herein as the “Transactions.” 

  
 A-3 

 ANNEX I 

to EXHIBIT A 
 Project Aspen

 Summary of Term Loan Amendments 

The Existing Term Loan Amendment shall contain, and the Lead Arrangers shall seek to obtain the requisite consents for, the following
amendments to the Existing Term Loan Credit Agreement pursuant to the Existing Term Loan Amendment: 
  

	 	(a)	 provide for all amendments necessary to allow for the Transactions; 

 

	 	(b)	 provide the ability for CommScope and its subsidiaries to incur additional indebtedness in the form and amounts
set forth in this Commitment Letter (or in such other form or amount determined by the Lead Arrangers and CommScope in lieu thereof); 

  

	 	(c)	 amend and restate the Existing Term Loan Credit Agreement to provide for the terms and provisions set forth on
Exhibit B for the Term Loan Facility (other than those which expressly relate to the Term B-1 Facility); 

  

	 	(d)	 provide for all amendments necessary to allow for the issuance on terms substantially consistent with those
previously described to the Initial Lenders as of the date hereof of the Preferred Equity to the Investors and the payment of dividends thereon; and 

  

	 	(e)	 such other amendments as to which the Lead Arrangers and CommScope shall agree. 

  
 A-I-1 

 EXHIBIT B 

Project Aspen 
 Term Loan
Facility 
 Summary of Principal Terms and Conditions1 

 

			
	Borrower:	  	CommScope and/or a wholly owned direct or indirect domestic subsidiary of CommScope (the “Borrower”).
		
	Transaction:	  	As set forth in Exhibit A to the Commitment Letter.
		
	Administrative Agent and Collateral Agent:	  	JPMorgan will act as sole administrative agent and sole collateral agent for a syndicate of banks, financial institutions and other entities (excluding any Disqualified Lender and subject to the reasonable approval of the Borrower)
(together with the Initial Lenders, the “Term Lenders”), and will perform the duties customarily associated with such roles.
		
	Joint Lead Arrangers and Joint Bookrunners:	  	JPMorgan, MLPFS and DBSI will act as joint lead arrangers and joint bookrunners for the Term Loan Facility (together with any additional entities appointed pursuant to Section 2 of the Commitment Letter) and will perform the
duties customarily associated with such roles; provided that you agree that JPMorgan may perform its responsibilities hereunder through its affiliate, J.P. Morgan Securities LLC.
		
	Bank Facilities:	  	A senior secured first-lien term loan facility (the “New Term Loan Facility”) in an aggregate principal amount of $5,500 million (the loans thereunder, the “New Term Loans”), and
if the Pre-Acquisition Term Loan Amendments are not obtained prior to the Closing Date, an additional amount of aggregate principal amount of term loans that, net of OID and any other fees payable in
connection with the incurrence thereof, is sufficient to repay and replace in full the term loans outstanding under the Existing Term Loan Credit Agreement on the Closing Date (the “Backstop Term Loan Facility,” and together
with the New Term Loan Facility, the “Term Loan Facility”) (the loans thereunder, the “Term Loans”).

 

	1 	 All capitalized terms used but not defined herein shall have the meanings given to them in the Commitment
Letter to which this term sheet is attached, including the exhibits thereto. 

  
 B-1 

			
		  	To the extent the Pre-Acquisition Term Loan Amendments are obtained, the Term Loan Facility shall be comprised of two tranches: (1) tranche B-1, representing the term loans under the Existing Term Loan Credit Agreement, as modified
by the Term Loan Amendments (the “Term B-1 Facility”), and (2) tranche B-2, representing the New Term Loans (the “Term B-2 Facility”).
		
	Incremental Term Loan Facility:	  	The Term Loan Facility Documentation (as defined below) will permit the Borrower to add one or more incremental term loan facilities to the Term Loan Facility and/or to increase any existing term loan facility (any such new facility
or increase, an “Incremental Term Loan Facility”) in an aggregate principal amount for all such increases and incremental facilities not to exceed the sum of:
		
		  	 (x) the greater of $1,900 million and 100% of consolidated EBITDA as of the most recently ended four fiscal
quarter period for which financial statements are available (and after giving effect to any acquisition consummated concurrently therewith and all other appropriate pro forma adjustment events) (the “Fixed Incremental
Amount”);

		
		  	 (y) an unlimited amount, so long as on a pro forma basis after giving effect to the incurrence of any such
Incremental Term Loan Facility (and after giving effect to any acquisition consummated concurrently therewith and all other appropriate pro forma adjustment events but without giving effect to the cash proceeds of such Incremental Term Loan
Facility then being incurred), (1) with respect to indebtedness secured by the Collateral on a pari passu lien basis with the Term Loans, the First Lien Leverage Ratio (as defined below) is equal to or less than 3.50:1.00 or, if incurred in
connection with a permitted acquisition or investment, the First Lien Leverage Ratio does not increase; (2) with respect to indebtedness secured by the Collateral on a junior lien basis to the Term Loans, the Senior Secured Leverage Ratio (as
defined below) is equal to or less than 4.00:1.00 or, if incurred in connection with a permitted acquisition or investment, the Senior Secured Leverage Ratio does not increase; and (3) with respect to unsecured indebtedness, (x) the Total Leverage
Ratio is equal to or less than 6.50:1.00 or,

  
 B-2 

			
		
		  	 if incurred in connection with a permitted acquisition or investment, the Total Leverage Ratio does not increase or (y)
the Fixed Charge Coverage Ratio (to be defined consistent with CommScope Precedent but with changes to limit the interest component of fixed charges to cash interest) is not less than 2.00 to 1.00 or, if incurred in connection with a permitted
acquisition or investment, the Fixed Charge Coverage Ratio does not decrease (the “Ratio Incremental Amount”); and

		
		  	 (z) an amount equal to all voluntary prepayments, repurchases and/or cancellations (in an amount equal to the principal
amount of the loans so repaid) of Term Loans (including any Incremental Term Loan Facility) not made with the proceeds of any long-term indebtedness (excluding, for the avoidance of doubt, proceeds of any revolving credit facility (including the ABL
Facility)) (the “Prepay Incremental Amount”);

		
		  	it being understood that (A) at the Borrower’s option, the Borrower shall be deemed to have used capacity under Ratio Incremental Amount (to the extent compliant therewith) before capacity under the Fixed Incremental Amount and
Prepay Incremental Amount, and capacity under the Prepay Incremental Amount shall be deemed to be used before capacity under the Fixed Incremental Amount, (B) loans may be incurred under clauses (x), (y) and (z) above, and proceeds from any such
incurrence under clauses (x), (y) and (z) above, may be utilized in a single transaction or series of related transactions by, at the Borrower’s option, first calculating the incurrence under clause (y) above (without inclusion of any amounts
to be utilized pursuant to clause (x) or (z)) and then calculating the incurrence under clause (z) above (without inclusion of any amounts to be utilized pursuant to clause (x)), as applicable and (C) in the event that any incremental loans or
commitments (or a portion thereof) incurred under the Fixed Incremental Amount or the Prepay Incremental Amount subsequently meets the criteria of indebtedness incurred under the Ratio Incremental Amount, the Borrower, in its sole discretion, at
such time may divide and classify any such indebtedness as indebtedness incurred under the Ratio Incremental Amount, and the Fixed Incremental Amount or Prepay Incremental Amount, as the case may be, shall be deemed to be increased by the amount so
reclassified; provided that solely for the purpose of

  
 B-3 

			
		
		  	calculating the First Lien Leverage Ratio, Senior Secured Leverage Ratio or Total Leverage Ratio to determine the availability under the Incremental Term Loan Facility at the time of incurrence, any cash proceeds from an Incremental
Term Loan Facility and/or Incremental Equivalent Debt (as defined below) being incurred at such test date in calculating such First Lien Leverage Ratio, Senior Secured Leverage Ratio or Total Leverage Ratio shall be excluded.
		
		  	In addition:
		
		  	(i) the Borrower may appoint any Person to arrange such Incremental Term Loan Facility and provide such arranger any titles with respect to such Incremental Term Loan Facility as it deems appropriate;
		
		  	(ii) the Term Administrative Agent (in its respective capacities as both administrative agent and collateral agent) shall not be required to execute, accept or acknowledge any incremental joinder documentation; provided, that
the Term Administrative Agent shall receive prior written notice of such incremental joinder documentation;
		
		  	(iii) no existing Term Lender will be required to participate in any such Incremental Term Loan Facility without its consent;
		
		  	(iv) no event of default under the Term Loan Facility would exist immediately after giving effect thereto (except in connection with permitted acquisitions or investments, where no payment or bankruptcy event of default shall
be the standard and which shall be subject to the Measuring Compliance provisions set forth herein);
		
		  	(v) (x) the maturity date of any such Incremental Term Loan Facility shall be no earlier than the later of the Term B-2 Facility maturity date and the latest maturity date of the then
outstanding Term Loan Facility; provided, that (1) bridge financings, escrow or other similar arrangements, the terms of which provide for an automatic extension of the maturity date thereof, subject to customary conditions, to a date
that is not earlier than the latest maturity date of the then outstanding Term Loan Facility (“Extendable Bridge Loans”) and (2) up to the greater of $1,900 million and 100% of consolidated EBITDA as of the most
recently ended four fiscal quarter period for which financial statements are available (the “Inside Maturity Basket”) in

  
 B-4 

			
		
		  	the aggregate of Incremental Term Loan Facilities (including, for the avoidance of doubt, increases to the Term B-1 Facility), Refinancing Term Facilities (as defined below) and/or Refinancing
Notes (as defined below) may have a maturity date that is earlier than the latest maturity date of the then outstanding Term Loan Facility (but not the Term B-1 Facility) ; and (y) the weighted average
life of such Incremental Term Loan Facility shall be no shorter than the then longest remaining weighted average life of the then outstanding Term Loan Facility; provided, that indebtedness incurred under Extendable Bridge Loans and the
Inside Maturity Basket may have a weighted average life to maturity that is shorter than the then longest remaining weighted average life of the then outstanding Term Loan Facility (but not the Term B-1
Facility);
		
		  	(vi) the Incremental Term Loan Facility will have the same guarantees as, and if secured, shall be secured on a pari passu basis or junior basis by the same Collateral securing, the Term Loan Facility;
		
		  	(vii) the currency, interest rate margins and OID or upfront fees (if any), interest rate floors (if any) and (subject to clause (v) above) amortization schedule applicable to any Incremental Term Loan Facility shall be
determined by the Borrower and the lenders thereunder; provided that if the All-in Yield (as defined below) of any syndicated floating rate Incremental Term Loan Facility in the form of term loans that
are incurred using either (i) the Fixed Incremental Amount or the Prepay Incremental Amount or (ii) the Ratio Incremental Amount, as selected by the Borrower prior to the launch of general syndication, and is pari passu in right of
payment and secured on a pari passu basis exceeds the All-in Yield of any applicable Term Loan Facility of a like currency with the proposed Incremental Term Loan Facility by more than 75 basis points,
the applicable interest rate margins of each applicable Term Loan Facility of a like currency with such proposed Incremental Term Loan Facility shall be increased to the extent necessary so that the All-in
Yield on such applicable Term Loan Facility is 75 basis points less than the All-in Yield on such Incremental Term Loan Facility; provided that this clause (vii) shall not be applicable to any
Incremental Term Loan Facility that (clauses (1) through (4), collectively, the “MFN Exceptions”) (1) is incurred more than six months after the Closing Date, (2) if the Borrower elects to apply this clause
(vii) to the Ratio Incremental Amount, is in an aggregate

  
 B-5 

			
		
		  	amount equal to or less than the greater of $1,900 million and 100% of consolidated EBITDA as of the most recently ended four fiscal quarter period for which financial statements are available (such amount, the “MFN
Basket Exception”), (3) matures at least two years after the maturity date in respect of the latest maturity date of the then outstanding Term Loan Facility (the “MFN Maturity Exception”) or (4) is incurred
in connection with an acquisition or investment permitted under the Term Loan Facility Documentation (the “MFN Acquisition Exception”) (this clause (vii), the “MFN Provision”);
		
		  	(viii) any Incremental Term Loan Facility that is secured on a pari passu basis with the Term Loan Facility may share ratably (or on a lesser basis but not on a greater than pro rata basis) with respect to any mandatory
prepayments of the Term Loan Facility (other than mandatory prepayments resulting from a refinancing of any facility which may be applied exclusively to the facility being refinanced) and any other Incremental Term Loan Facility may only be subject
to mandatory prepayment provisions, if any, that are customary for the relative ranking; and
		
		  	(ix) except as otherwise specified above, any Incremental Term Loan Facility shall be on terms and pursuant to documentation to be agreed between the Borrower and the applicable lenders providing the Incremental Term Loan Facility;
provided further that to the extent such terms and documentation are not consistent with the Term Loan Facility (except to the extent permitted above), such terms (if favorable to the existing Lenders) shall be, in consultation with
the Term Administrative Agent, incorporated into the Term Loan Facility Documentation for the benefit of all existing Term Lenders without further amendment requirements, including, for the avoidance of doubt, at the option of the Borrower, any
increase in the applicable interest rate margin relating to the existing Term Loan Facility to bring such applicable interest rate margin in line with the Incremental Term Loan Facility to achieve fungibility with such existing Term Loan Facility.
Except as expressly stated above (which are in all respects subject to the Measuring Compliance provisions set forth below), the Term Loan Facility Documentation will not include any financial test with respect to the Incremental Term Loan
Facility.

  
 B-6 

			
		
		  	The Borrower may seek commitments in respect of the Incremental Term Loan Facility from existing Term Lenders (each of which shall be entitled to agree or decline to participate in its sole discretion) and additional banks,
financial institutions and other institutional lenders or investors who will become Term Lenders in connection therewith (each, an “Additional Term Lender”).
		
		  	The Term Loan Facility will permit the Borrower to utilize availability under the Incremental Term Loan Facility to issue loans or notes that are (at the option of the Borrower) unsecured or secured by the Collateral on a pari
passu or junior basis (“Incremental Equivalent Debt”); provided that such Incremental Equivalent Debt (i) consisting of term loans that are incurred using the Ratio Incremental Amount and that are pari passu
in right of payment with the Term Loan Facility and secured on a pari passu basis with the Term Loan Facility shall be subject to the MFN Provision with respect to Term Loan Facility of a like currency as though such term loans were an
Incremental Term Loan Facility, (ii) does not mature prior to the latest final stated maturity of, or have a shorter weighted average life than, loans under the existing Term Loan Facility (excluding the Term
B-1 Facility); provided that Incremental Equivalent Debt (other than Extendable Bridge Loans) up to an amount equal to the Inside Maturity Basket and Extendable Bridge Loans will not be required to
comply with this clause (ii) (so long as they do not mature earlier than the Term B-1 Facility), (iii) has covenants and defaults no more restrictive (excluding pricing and optional prepayment and redemption
terms), when taken as a whole, than those under the Term Loan Facility (except for covenants or other provisions (x) applicable only to periods after the latest final maturity of the Term Loan Facility, (y) as are incorporated into the
Term Loan Facility Documentation for the benefit of all existing Lenders (which may be accomplished without further amendment voting requirements) or (z) that reflect market terms and conditions (taken as a whole) at the time of incurrence or
issuance (as determined by the Borrower in good faith) (it being understood that (A) no Incremental Equivalent Debt in the form of term loans or notes shall include any financial maintenance covenants, but that customary cross-acceleration
provisions may be included and (B) any negative covenants with respect to indebtedness, investments, liens or restricted payments shall be incurrence-based, (iv) does not require mandatory prepayments to be made except to the extent
required to be applied first pro rata

  
 B-7 

			
		
		  	(or greater than pro rata) to the Term Loan Facility and any first lien secured Incremental Equivalent Debt, (v) to the extent secured, shall not be secured by any lien on any asset that is not part of the Collateral,
(vi) shall not be guaranteed by any person other than the Borrower or a Guarantor, and (vii) to the extent secured, shall be subject to intercreditor terms reasonably agreed between the Borrower, the arranger of the Incremental Equivalent
Debt and the Term Administrative Agent. Notwithstanding the foregoing, the Term Loan Facility Documentation will contain provisions permitting any financial institution to serve as arranger for any Incremental Term Loan Facility.
		
	Refinancing Facilities:	  	The Term Loan Facility Documentation will permit the Borrower to refinance (including by extending the maturity) loans under the Term Loan Facility or loans or commitments under any Incremental Term Loan Facility from time to time,
in whole or part, with one or more new term loan facilities (each, a “Refinancing Term Facility”), respectively, under the Term Loan Facility Documentation with the consent of the Borrower, the Term Administrative Agent and
the institutions providing such Refinancing Term Facility or with one or more additional series of senior unsecured notes or senior secured notes that will be secured by the Collateral on a pari passu basis with the Term Loan Facility or
second lien secured notes and, if secured, will be subject to customary intercreditor arrangements reasonably satisfactory to the Term Administrative Agent (any such notes, “Refinancing Notes”); provided
that:
		
		  	(i) any Refinancing Term Facility or Refinancing Notes do not mature, or have a weighted average life to maturity, earlier than the final maturity, or shorter than the weighted average life to maturity, of the loans under the Term
Loan Facility being refinanced; provided that any Refinancing Term Facility or Refinancing Notes (other than Extendable Bridge Loans) up to an amount equal to the Inside Maturity Basket, or Refinancing Notes in the form of Extendable Bridge Loans,
will not be required to comply with this clause (i);
		
		  	(ii) any Refinancing Notes are not subject to any amortization prior to final maturity and are not subject to mandatory redemption or prepayment (except customary asset sales or change of control
provisions);

  
 B-8 

			
		
		  	(iii) the other terms and conditions of such Refinancing Term Facility or Refinancing Notes (excluding pricing and optional prepayment or redemption terms) are substantially identical to, or (when taken as a whole) less favorable to
the investors providing such Refinancing Term Facility or Refinancing Notes, as applicable, than, those applicable to the Term Loan Facility being refinanced (each as determined by the Borrower in good faith) (except for covenants or other
provisions (x) applicable only to periods after the latest final maturity date of the Term Loan Facility existing at the time of such refinancing, (y) as are incorporated into the Term Loan Facility Documentation for the benefit of all
existing Lenders (which may be accomplished without further amendment requirements) or (z) that reflect market terms and conditions (taken as a whole) at the time of incurrence or issuance (as determined by the Borrower in good faith) (it being
understood that any negative covenants with respect to indebtedness, investments, liens or restricted payments shall be incurrence-based);
		
		  	(iv) the proceeds of such Refinancing Term Facilities or Refinancing Notes, as applicable, shall be applied, substantially concurrently with the incurrence thereof, to the pro rata prepayment of outstanding loans under
the applicable Term Loan Facility being so refinanced and the payment of fees, expenses and premiums, if any, payable in connection therewith;
		
		  	(v) to the extent secured, any such Refinancing Term Facility or Refinancing Notes shall not be secured by any lien on any asset that does not also secure the Term Loan Facility; and
		
		  	(vi) Refinancing Term Facilities and Refinancing Notes may not be guaranteed by any person other than a Borrower or Guarantor.
		
	Purpose:	  	The proceeds of borrowings under the Term Loan Facility will be used by the Borrower on the Closing Date, together with the proceeds from the incurrence of the Bridge Facility and/or the Notes, the proceeds from borrowings under the
ABL Facility to be funded on the Closing Date with respect to the Term Loan Facility, the proceeds from the Preferred Equity and cash on hand, to pay the Acquisition Costs and, if the Pre-Acquisition Term Loan
Amendments are not obtained prior to the Closing Date, to refinance the term loan facility under the Existing Term Loan Credit Agreement.

  
 B-9 

			
		
	Availability:	  	The Term Loan Facility will be available in a single drawing on the Closing Date. Amounts borrowed under the Term Loan Facility that are repaid or prepaid may not be reborrowed except as set forth under the heading “Incremental
Term Loan Facility” with respect to voluntary prepayments that may increase the capacity for incurring Incremental Term Loan Facilities or Incremental Equivalent Debt.
		
	Interest Rates and Fees:	  	As set forth on Annex I hereto.
		
	Default Rate:	  	During the continuance of a payment or bankruptcy event of default, with respect to overdue principal, the applicable interest rate plus 2.00% per annum, and with respect to any other overdue amount (including overdue
interest), the interest rate applicable to ABR loans (as defined in Annex I hereto) plus 2.00% per annum and in each case, shall be payable on demand (such rate, the “Default Rate”).
		
	Final Maturity and Amortization:	  	The Term Loan Facility will mature on the date that is 7 years after the Closing Date; provided that if the Pre-Acquisition Term Loan Amendments are obtained, the Term B-1 Facility shall mature on the date set forth in the Existing Term Loan Credit Agreement. The Term Loan Facility will amortize in equal quarterly installments, commencing with the last day of the second full
fiscal quarter ending after the Closing Date (or, in the case of any Term B-1 Facility, on terms consistent with the Existing Term Loan Credit Agreement), in aggregate annual amounts equal to 1% of the
original principal amount of the Term Loan Facility, with the balance payable on the maturity date therefor. In each case, the Term Loan Facility Documentation shall provide the right for individual Term Lenders under the Term Loan Facility to agree
to extend the maturity date of all or a portion of the outstanding Term Loan Facility (which may include, among other things, an increase in the interest rate payable with respect to such extended Term Loan Facility, with such extension not subject
to any financial test or “most favored nation” pricing provision) upon the request of the Borrower and without the consent of any other Term Lender; it being understood that each Term Lender under the applicable tranche or tranches that
are being extended shall have the opportunity to participate in such extension on the same terms and conditions as each other Term Lender in such tranche or tranches; provided that it is understood that no existing Term Lender will have any
obligation to commit to any such extension.

  
 B-10 

			
		
	Guarantees:	  	All obligations of the Borrower (the “Borrower Term Obligations”) under the Term Loan Facility and, at the option of the Borrower, under any interest rate protection or other swap or hedging arrangements
(other than any obligation of any Guarantor to pay or perform under any agreement, contract, or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act (a “Swap”),
if, and to the extent that, all or a portion of the guarantee by such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Swap (or any guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any
rule, regulation, or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof)), and cash management arrangements entered into with a Term Lender, the Term Administrative Agent or any affiliate
of a Term Lender or the Term Administrative Agent as of the Closing Date (or who becomes a Term Lender or an affiliate thereof within 45 days of the Closing Date) or at the time of entering into such arrangements (or who becomes a Term Lender or an
affiliate thereof within 45 days thereof) and designated by the Borrower as “Hedging/Cash Management Arrangements” (“Hedging/Cash Management Arrangements”) will be unconditionally guaranteed jointly and severally on
a senior secured first-lien basis (the “Term Guarantees”) by Parent and, subject to certain exceptions, each existing and subsequently acquired or organized direct or indirect restricted subsidiary of Parent (the
“Guarantors”); provided that Guarantors shall not include, (a) unrestricted subsidiaries, (b) immaterial subsidiaries (to be defined in a manner consistent with CommScope Precedent), (c) any subsidiary
that is prohibited or restricted by applicable law, rule or regulation or by any contractual obligation existing on the Closing Date or at the time of acquisition thereof after the Closing Date (and not entered into in contemplation of such
acquisition), in each case, from guaranteeing the Term Loan Facility or which would require governmental (including regulatory) consent, approval, license or authorization to provide a Term Guarantee unless such consent, approval, license or
authorization has been received, (d) not-for-profit subsidiaries, if any, (e) any non-United States subsidiary of the
Borrower or any Guarantor, (f) any “controlled foreign corporation” within the meaning of Section 957 of the Internal Revenue Code, as amended

  
 B-11 

			
		
		  	(the “Code”) (a “CFC”) and any direct or indirect subsidiary of a CFC, (g) any subsidiary of Parent, substantially all of the assets of which consist of equity interests and/or
indebtedness in one or more CFCs (a “CFC Holdco”) and/or one or more other CFC Holdcos, and any direct or indirect subsidiary of a CFC Holdco, (h) certain special purpose entities, (i) any restricted subsidiary
acquired pursuant to an acquisition permitted under the Term Loan Facility Documentation financed with secured indebtedness permitted to be incurred pursuant to the Term Loan Facility Documentation as assumed indebtedness (and not incurred in
contemplation of such acquisition) and any restricted subsidiary thereof that guarantees such indebtedness, in each case to the extent and for so long as such secured indebtedness prohibits such subsidiary from becoming a Guarantor, (j) any
entity to the extent a guarantee by such entity would reasonably be expected to result in material adverse tax consequences as reasonably determined by the Borrower, (k) captive insurance subsidiaries and (l) certain other subsidiaries as
set forth in the Term Loan Facility Documentation.
		
		  	Notwithstanding the foregoing, additional subsidiaries may be excluded from the guarantee requirements in circumstances where the Borrower and the Term Administrative Agent reasonably agree that the cost or other consequences of
providing such a guarantee is excessive in relation to the value afforded thereby.
		
	Security:	  	Subject to the limitations set forth below in this section and subject to the Conditionality Provision and the Intercreditor Agreement, the Borrower Term Obligations, the Term Guarantees and, at the option of the Borrower, the
Hedging/Cash Management Arrangements, will be secured by: (a) a perfected first-priority (subject to applicable permitted liens) pledge of the equity securities of the Borrower, each Guarantor (other than Parent) and of each direct, restricted
subsidiary (other than immaterial subsidiaries) of the Borrower and of each subsidiary Guarantor (which pledge, in the case of voting equity interests in any CFC or any CFC Holdco, shall be limited to no more than 65% of the voting equity interests
in such subsidiary (and for the avoidance of doubt, none of the equity interests of any direct or indirect subsidiary of a CFC or CFC Holdco) (provided that except as set forth below, any such pledge of the equity securities of a subsidiary
organized under laws other than the United States or any state thereof

  
 B-12 

			
		
		  	shall not be required to be perfected under the laws of their jurisdiction of organization) and (b) perfected first-priority (subject to permitted liens and to the extent not constituting ABL Priority Collateral (as defined
below)) security interests in, and mortgages on, substantially all tangible and intangible personal property and material fee-owned real property of any Borrower or subsidiary Guarantor organized under the
laws of the United States (or any state thereof) (including but not limited to accounts receivable, inventory, equipment, general intangibles (including contract rights), investment property, intellectual property, material intercompany notes and
proceeds of the foregoing) and (c) perfected second-priority security interests in the ABL Priority Collateral (as defined in Exhibit C to the Commitment Letter) (the items described in clauses (a) and (b) above, but excluding the
Excluded Assets (as defined below), the “Cash Flow Priority Collateral” and, together with the ABL Priority Collateral, the “Collateral”).
		
		  	Notwithstanding anything to the contrary, the Collateral shall exclude the following: (i) (A) any fee-owned real property with a fair market value of less than the amount indicated on
Annex II hereto (with all required mortgages being permitted to be delivered post-closing), (B) any portion of fee-owned real property that contains improvements located in an area identified by the Federal
Emergency Management Agency (or any successor agency) as a “special flood hazard area” and (C) all real property leasehold interests (including requirements to deliver landlord lien waivers, estoppels and collateral access letters);
(ii) motor vehicles and other assets subject to certificates of title to the extent a lien thereon cannot be perfected by filing a UCC financing statement; (iii) pledges and security interests prohibited by applicable law, rule or
regulation; (iv) after giving effect to the applicable anti-assignment provisions of the UCC, equity interests in any person other than the Borrower and wholly owned restricted subsidiaries to the extent not permitted by the terms of such
person’s organizational documents or joint venture documents; (v) assets to the extent a security interest in such assets would result in material adverse tax consequences (including as a result of any law or regulation in any applicable
jurisdiction similar to Section 956 of the Code) as reasonably determined by the Borrower; (vi) any lease, license or other agreement or any property subject to a purchase money security interest or similar arrangement to the extent that a
grant of a security interest therein would violate or invalidate such lease,

  
 B-13 

			
		
		  	license or agreement or purchase money arrangement or create a right of termination in favor of any other party thereto (other than the Borrower or a Guarantor) except to the extent such prohibition is unenforceable after giving
effect to the applicable anti-assignment provisions of the Uniform Commercial Code other than proceeds and receivables thereof, the assignment of which is expressly deemed effective under the Uniform Commercial Code notwithstanding such prohibition;
(vii) those assets as to which the Term Administrative Agent and the Borrower reasonably agree that the cost of obtaining such a security interest or perfection thereof are excessive in relation to the benefit to the Term Lenders of the
security to be afforded thereby; (viii) any governmental licenses or state or local franchises, charters and authorizations, to the extent security interests in such licenses, franchises, charters or authorizations are prohibited or restricted
thereby (in each case, except to the extent such prohibition or restriction is unenforceable after giving effect to the applicable anti-assignment provisions of the Uniform Commercial Code) other than proceeds and receivables thereof, the assignment
of which is expressly deemed effective under the Uniform Commercial Code notwithstanding such prohibition; (ix) “intent-to-use” trademark applications or
“Amendment to Allege Use” filing; (x) margin stock; (xi) any assets of a CFC or CFC Holdco or of a direct or indirect subsidiary of a CFC or CFC Holdco; (xii) any assets or equity interests of a captive insurance company or not-for-profit entity or other special purpose entity that is not a Guarantor, (xiii) the Acquisition Agreement and the rights therein or arising thereunder (except any
proceeds of the Acquisition Agreement) and (xiv) other exceptions to be mutually agreed upon (the foregoing described in clauses (i) through (xiv), along with the voting equity interests in excess of 65% of the voting equity interests in a
CFC or CFC Holdco (and in excess of 0% of the equity interests of any subsidiary of a CFC or CFC Holdco) subject to the limitation described in the preceding paragraph, are, collectively, the “Excluded Assets”). In addition,
in no event shall (a) control agreements or control or similar arrangements be required with respect to deposit, commodities or securities accounts, (b) notices be required to be sent to account debtors or other contractual third-parties
prior to the occurrence and during the continuance of an event of default, (c) perfection (except to the extent perfected through the filing of Uniform Commercial Code financing statements) be required
with

  
 B-14 

			
		
		  	respect to letter of credit rights and commercial tort claims or (d) security documents governed by the law of the jurisdiction in which assets are located be required (other than the United States or any state thereof or the
District of Columbia).
		
		  	All the above-described pledges and security interests shall be created on terms and within time frames to be set forth in the Term Loan Facility Documentation; and none of the Collateral shall be subject to other pledges, security
interests or mortgages (except permitted liens (including liens granted to secure obligations under the ABL Facility (subject to the terms of the Intercreditor Agreement)) and other exceptions and baskets to be set forth in the Term Loan Facility
Documentation).
		
	Intercreditor Agreement:	  	The collateral agreements shall be subject to one or more intercreditor agreements (the “Intercreditor Agreement”) consistent with CommScope Precedent. In the event of (a) any action to enforce rights or
exercise remedies in respect of the Collateral, (b) any distribution in respect of the Collateral in any insolvency or liquidation proceeding, or (c) any payment received in respect of the Collateral pursuant to any other intercreditor
agreement, the proceeds from any sale, collection or liquidation of the Collateral shall be applied to the obligations under the ABL Facility and the Term Loan Facility as set forth in the Intercreditor Agreement.
		
	Mandatory Prepayments:	  	Loans under the Term Loan Facility shall be prepaid with:
		
		  	 (A)  commencing with the first full fiscal year of the Borrower to occur after the
Closing Date, 50% of excess cash flow (which shall be defined to include a deduction for amounts distributed as a restricted payment to fund interest on indebtedness of Parent or another parent holding company), with step-downs to 25% upon
achievement of a First Lien Leverage Ratio equal to or less than 2.50 to 1.00 and to 0% upon achievement of a First Lien Leverage Ratio equal to or less than 2.00 to 1.00 (the “ECF Prepayment Amount”); provided, that
the Borrower shall only be required to offer to prepay the Term Loan Facility to the extent the resulting ECF Prepayment Amount would exceed the greater of $50.0 million and the Equivalent Percentage (as defined on Annex II) in any fiscal year
(with only the

  
 B-15 

			
		
		  	 ECF Prepayment Amount in excess of such limit required to be offered to prepay), provided, further, that
(w) the portion of such ECF Prepayment Amount required by the terms of any other debt with pari passu lien priority with the Term Loan Facility (the “Pari Passu Debt”) to be applied to prepay such Pari Passu Debt on a
pro rata basis with the Term Loans (and so long as the Term Loan Facility is offered a ratable share of such ECF Prepayment Amount), (x) any voluntary prepayments or repurchases of loans under the Term Loan Facility or other Pari Passu Debt
and loans under revolving Pari Passu Debt to the extent commitments thereunder are permanently reduced by the amount of such prepayments (including prepayments at a discount to par, with credit given for the actual amount of cash payment) made
during such fiscal year or, at the Borrower’s option, after such fiscal year end and prior to the time such excess cash flow payment is due, other than to the extent such prepayments are funded with the proceeds of incurrences of long-term
indebtedness, (y) the amount of capital expenditures either made in cash or accrued during such fiscal year and (z) the aggregate amount of cash consideration paid by the Borrower and its restricted subsidiaries (on a consolidated basis)
in connection with any Investments (including acquisitions) made during such fiscal year constituting “Permitted Investments,” other than intercompany Investments, Investments in cash or cash equivalents or to the extent such prepayments
are funded with the proceeds of incurrences of long-term indebtedness, shall, in each case of clauses (w), (x), (y) and (z), be credited against excess cash flow prepayment obligations on a dollar-for-dollar basis for such fiscal year;

		
		  	 (B)  100% of the net cash proceeds (which will be defined to exclude, among other
things, (i) the amount of any tax or tax distribution paid or payable to a governmental authority or to a direct or indirect parent of the Borrower in connection with such sale or disposition, (ii) the repayment of customer deposits
required upon such sale and (iii) the repayment of any indebtedness secured by a lien on the asset subject to the prepayment event described below (so long as such lien is not junior to the
liens

  
 B-16 

			
		
		  	 on the Collateral securing the obligations under the Term Loan Facility Documentation, but subject to customary ratable
sharing provisions if such lien is on the Collateral and ranks pari passu with the lien securing the Term Loan Facility)) of all non-ordinary course asset sales or other dispositions of property by the
Borrower and its restricted subsidiaries (including insurance and condemnation proceeds) that are in excess of the greater of $50.0 million and the Equivalent Percentage per transaction or series of related transactions (with only the amount in
excess of such limit required to be offered to prepay), and subject to the right of the Borrower to reinvest 100% of such proceeds (including to make permitted acquisitions and other investments), if such proceeds are reinvested (or committed to be
reinvested) within 18 months and, if so committed to be reinvested, so long as such reinvestment is actually completed within the later of such 18 months or 180 days after such commitment, and other exceptions to be set forth in the Term Loan
Facility Documentation; provided that (i) such prepayment percentage shall be reduced to 50% if, on a pro forma basis after giving effect to such disposition and the use of proceeds therefrom, the First Lien Leverage Ratio would
be equal to or less than 2.00 to 1.00 and to 0% if, on a pro forma basis after giving effect to such disposition and the use of proceeds therefrom, the First Lien Leverage Ratio would be equal to or less than 1.50 to 1.00 (together, the
“Asset Sale Stepdowns”) and (ii) the portion of net cash proceeds required by the terms of any Pari Passu Debt to be applied to prepay such Pari Passu Debt on a pro rata basis with the Term Loan Facility (and so
long as the Term Loan Facility is offered a ratable share of such net cash proceeds) shall be credited against net cash proceeds prepayment obligations on a
dollar-for-dollar basis; in the event that one or more of the step-downs in clause (i) of the proviso to this clause (B) are achieved, the retained net cash
proceeds from any such asset sale shall be deemed “Retained Asset Sale Proceeds”; and

		
		  	 (C)  100% of the net cash proceeds of issuances of debt obligations of the Borrower
and its restricted subsidiaries after the Closing Date (other than debt permitted under the Term Loan Facility Documentation, other than the Refinancing Term Facilities and the Refinancing
Notes).

  
 B-17 

			
		
		  	Mandatory prepayments shall be applied, without premium or penalty, subject to reimbursement of the Term Lenders’ actual redeployment costs in the case of a prepayment of Adjusted LIBOR borrowings other than on the last day of
the relevant interest period, first, to accrued interest and fees due on the amount of the prepayment under the Term Loan Facility and second, to the next scheduled installments of principal of the Term Loan Facility as directed by the Borrower (and
if not so directed, in direct order of maturity). If the Pre-Acquisition Term Loan Amendments are obtained, the Borrower may elect to apply any mandatory prepayments to the Term
B-1 Facility on a non-ratable basis.
		
		  	At the Borrower’s option with customary notice, any Term Lender may elect not to accept its pro rata portion of any mandatory prepayment pursuant to clause (A) or (B) above (each a “Declining
Lender”). Any prepayment amount declined by a Declining Lender may be retained by the Borrower and will increase the “builder” basket of the Restricted Payments covenant.
		
		  	Prepayments from non-United States subsidiaries’ excess cash flow or from proceeds of their asset sales, insurance or other disposition proceeds will not be required to the extent such
prepayment (or distributions of cash in connection with such prepayment) would result in adverse tax consequences or would be prohibited or restricted by applicable law, rule or regulation (each, a “Payment Block”) and the
Borrower shall not be required to monitor any such Payment Block and/or reserve cash for future repatriation after it has notified the Term Administrative Agent of the existence of such Payment Block.
		
	Voluntary Prepayments:	  	Voluntary prepayments of the Term Loan Facility and any Incremental Term Loan Facility shall be permitted at any time, without premium or penalty (except as set forth below). All voluntary prepayments of the Term Loan Facility and
any Incremental Term Loan Facility will be applied to the remaining amortization payments under the Term Loan Facility and Incremental Term Loan Facility, as applicable, and may be applied to either the Term Loan Facility or any Incremental Term
Loan Facility, in any case, as directed by the Borrower (and absent such direction, in direct order of maturity thereof). If the Pre-Acquisition Term Loan Amendments are obtained, the Borrower may elect to
apply any voluntary prepayments to the Term B-1 Facility or the Term B-2 Facility on a non-ratable
basis.

  
 B-18 

			
		
		  	In the event that a Repricing Event (as defined below) occurs on or prior to the date that is six months after the Closing Date, a 1.00% prepayment premium shall be paid on the principal amount prepaid, repaid, assigned or subject
to an amendment.
		
		  	“Repricing Event” shall mean (i) any prepayment or repayment of any tranche of Term Loans, in whole or in part, with the proceeds of, or conversion or exchange of any portion of any tranche of Term Loans
into, any new or replacement tranche of syndicated term loans under credit facilities incurred for the primary purpose of repaying, refinancing, or replacing Term Loans with loans bearing interest with an
All-in Yield less than the All-in Yield applicable to such portion of the Term Loans (as such comparative yields are determined in the reasonable judgment of the Term
Administrative Agent in consultation with the Borrower, consistent with generally accepted financial practices) and (ii) any amendment to the Term Loan Facility which reduces the All-in Yield applicable
to the Term Loans, provided, that a Repricing Event shall not include any event described above that is not consummated for the primary purpose of lowering the effective interest cost or weighted average yield applicable to the Term Loan
Facility, including, without limitation, in the context of a transaction involving a change of control.
		
		  	“All-in Yield” shall mean the yield of such indebtedness, whether in the form of interest rate, margin, OID, upfront fees, index floors or otherwise, in each case
payable by the Borrower generally to lenders, provided that OID and upfront fees shall be equated to interest rate assuming a four-year life to maturity, and shall not include arrangement fees, structuring fees, ticking fees, commitment fees, unused
line fees, underwriting fees and any amendment and similar fees (regardless of whether paid in whole or in part to the lenders).
		
		  	Subject to the proviso in the definition of Repricing Event, if on or prior to the date that is six months after the Closing Date any Term Lender is forced to assign its loans under the Term Loan Facility following the failure of
such Term Lender to consent to an amendment of the definitive

  
 B-19 

			
		
		  	documentation for the Term Loan Facility the primary purpose of which would be to reduce the All-in Yield applicable to such loans, such Lender shall be paid a 1.00% fee on the principal
amount of the Term Loans so assigned.
		
		  	Any Term Lender may, at its option, and if agreed by the Borrower, in connection with any prepayment or repurchase of loans under the Term Loan Facility, exchange such Term Lender’s portion of such loans to be prepaid or
repurchased for new indebtedness, in lieu of all or part of such Term Lender’s pro rata portion of such prepayment or repurchase (and any such loans so exchanged shall be deemed repaid and/or repurchased, as applicable, for all
purposes).
		
	Documentation & Defined Terms:	  	Subject to the Conditionality Provision, the definitive documentation for the or another precedent to be agreed (the “Term Loan Facility Documentation”) will be substantially consistent with
CommScope Precedent and will contain only those conditions to borrowing, mandatory prepayments, representations, warranties, covenants and events of default expressly set forth (or referred to) in this Term Sheet (subject to modification, other than
as it relates to conditions, in accordance with the “market flex” provisions of the Fee Letter), and other terms and provisions (including provisions to address recent amendments to the Delaware Limited Liability Company Act) to be
mutually agreed upon and consistent with CommScope Precedent.
		
		  	“EBITDA” shall be defined in a manner consistent with CommScope Precedent, but shall include an addback for certain items to be agreed.
		
		  	“First Lien Leverage Ratio” shall mean, as of any date of determination, the ratio of (1) Funded First Lien Indebtedness as of such date of determination, minus unrestricted cash and cash equivalents of
the Borrower and its restricted subsidiaries to (2) consolidated EBITDA of the Borrower and its restricted subsidiaries, in each case with such pro forma adjustments to Funded First Lien Indebtedness and consolidated EBITDA as are
appropriate and consistent with the pro forma adjustment provisions set forth in the Term Loan Facility Documentation.
		
		  	“Funded First Lien Indebtedness” means, without duplication, funded total indebtedness secured by a lien on the Collateral on an equal priority basis (but without regard to the control of remedies) with liens
on the Collateral securing the obligations under the Term Loan Facility Documentation and funded total indebtedness under the ABL Facility.

  
 B-20 

			
		
		  	“Senior Secured Leverage Ratio” shall mean, as of any date of determination, the ratio of (1) funded total indebtedness secured by a lien on the Collateral as of such date of determination (including
funded total indebtedness under the ABL Facility), minus unrestricted cash and cash equivalents of the Borrower and its restricted subsidiaries to (2) consolidated EBITDA of the Borrower and its restricted subsidiaries, in each case with such
pro forma adjustments to funded total indebtedness and consolidated EBITDA as are appropriate and consistent with the pro forma adjustment provisions set forth in the Term Loan Facility Documentation.
		
		  	“Total Leverage Ratio” shall mean, as of any date of determination, the ratio of (1) funded total indebtedness as of such date of determination, minus unrestricted cash and cash equivalents of the
Borrower and its restricted subsidiaries to (2) consolidated EBITDA of the Borrower and its restricted subsidiaries, in each case with such pro forma adjustments to funded total indebtedness and consolidated EBITDA as are appropriate and
consistent with the pro forma adjustment provisions set forth in the Term Loan Facility Documentation.
		
		  	In respect of any relevant period, the exchange rates used in relation to calculating total net debt shall be the weighted average exchange rates used for determining EBITDA for the relevant period, as calculated in good faith by
the Borrower, provided that if a member of the group has entered into any currency hedging in respect of any borrowings, the currency and amount of such borrowings shall be determined by first taking into account the effects of that currency
hedging arrangement.
		
	Representations and Warranties:	  	Subject to the Conditionality Provision, consistent with CommScope Precedent and limited to the following (to be applicable to Parent (with respect to matters consistent with the CommScope Precedent), the Borrower and its restricted
subsidiaries only): organizational status and good standing; power and authority, execution, delivery and enforceability of Term Loan Facility Documentation; with respect to Term Loan Facility Documentation, no violation of, or conflict with, law or
organizational documents; compliance with

  
 B-21 

			
		
		  	law; no default; litigation; margin regulations; material governmental approvals and no conflicts with respect to the Term Loan Facility; Investment Company Act; accurate and complete disclosure as of the Closing Date; accuracy of
historical financial statements (including pro forma financial statements based on historical balance sheets); no material adverse change (after the Closing Date); taxes; pensions; subsidiaries; intellectual property; environmental laws;
labor matters; use of proceeds; ownership of properties; creation, perfection, and priority of liens and other security interests (subject to the Conditionality Provision); anti-terrorism, anti-money laundering, Patriot Act, OFAC, sanctions and
anti-corruption laws (including the FCPA); EEA financial institutions; consolidated Closing Date solvency of the Borrower and its subsidiaries; subject, in the case of each of the foregoing representations and warranties, to customary qualifications
and limitations for materiality to be provided in the Term Loan Facility Documentation.
		
	Conditions to Initial Borrowing:	  	Subject to the Conditionality Provision, the availability of the initial borrowing and other extensions of credit under the Term Loan Facility on the Closing Date will be subject solely to the conditions in Section 6 of the
Commitment Letter, in Exhibit E of the Commitment Letter and clause (a) below under “Conditions to All Borrowings.”
		
	Conditions to All Borrowings:	  	Subject to the Conditionality Provision, the making of each extension of credit under the Term Loan Facility shall be conditioned upon (a) delivery of a customary borrowing notice, (b) after the Closing Date, the accuracy
of representations and warranties in all material respects, and (c) after the Closing Date, the absence of defaults or events of default at the time of, or immediately after giving effect to the making of, such extension of credit.
		
	Affirmative Covenants:	  	Consistent with CommScope Precedent and limited to the following (to be applicable to the Borrower and its restricted subsidiaries only and to Parent in the case of clause (n) below):
		
		  	 (a)   delivery of annual audited financial statements of the Borrower or any
direct or indirect parent of the Borrower (subject to delivery of customary consolidating information explaining the material differences between the financial statements of the Borrower and such parent) that, together with its combined and
consolidated subsidiaries, constitutes

  
 B-22 

			
		
		  	 substantially all of the assets of the Borrower and its combined and consolidated subsidiaries, within 90 days of
fiscal year end and commencing with the first fiscal quarter for which financial statements were not delivered prior to the Closing Date pursuant to paragraph 4 of Exhibit E of the Commitment Letter, quarterly unaudited financial statements
of the Borrower or any direct or indirect parent of the Borrower (subject to delivery of customary consolidating information explaining the material differences between financial statements of the Borrower and such parent) that, together with its
combined or consolidated subsidiaries, constitutes substantially all of the assets of the Borrower and its combined or consolidated subsidiaries, within 45 days of the end of the first three quarters of each fiscal year and, in connection with the
annual financial statements, an annual audit opinion from nationally recognized auditors that is not subject to any qualification, exception or explanatory paragraph as to “going concern” or scope of the audit (other than any
qualification, exception or explanatory paragraph that is expressly solely with respect to, or expressly resulting solely from (i) an upcoming maturity date under any of the Credit Facilities or any other indebtedness occurring within one year
from the time such opinion is delivered, (ii) any potential inability to satisfy a financial maintenance covenant on a future date or in a future period, or (iii) the activities, operations, financial results, assets or liabilities of any
unrestricted subsidiary), in each case with accompanying management discussion and analysis in a form provided to you;

		
		  	 (b)   notices of defaults under the Term Loan Facility, material adverse effect,
litigation, and pension events;

		
		  	 (c)   inspections (subject to frequency (so long as there is no ongoing event of
default) and cost reimbursement limitations to be agreed);

		
		  	 (d)   maintenance of property (subject to casualty, condemnation and normal wear
and tear) and customary insurance;

  
 B-23 

			
		
		  	 (e)   maintenance of existence and corporate franchises, rights and
privileges;

		
		  	 (f)   maintenance and inspection of books and records;

		
		  	 (g)   payment of taxes;

		
		  	 (h)   compliance with laws and regulations (including ERISA, environmental and
Patriot Act, anti-corruption and sanctions laws);

		
		  	 (i) additional Guarantors and Collateral (subject to limitations set forth above in
“Guarantees” and “Security”);

		
		  	 (j) use of proceeds;

		
		  	 (k)   changes in lines of business;

		
		  	 (l) commercially reasonable efforts to maintain public corporate credit/family ratings of
the Borrower and ratings of the Term Loan Facility from Moody’s and S&P (but not to maintain a specific rating);

		
		  	 (m) transactions with affiliates;

		
		  	 (n)   further assurances on collateral and guaranty matters (subject to
limitations set forth above in “Security”);

		
		  	 (o)   annual lender calls upon reasonable request of the Term Administrative
Agent; and

		
		  	 (p)   in the event the Acquisition is effected by way of a Takeover Offer (as
defined in the Acquisition Agreement in effect on the date hereof), within 90 days after the Closing Date (or any such later date as may be agreed by the Term Administrative Agent in its sole discretion), acquire all of the remaining outstanding
equity interests of Target;

		
		  	subject, in the case of each of the foregoing covenants, to limitations for materiality, exceptions and qualifications to be provided in the Term Loan Facility Documentation.
		
	Negative Covenants:	  	Consistent with CommScope Precedent (including that such Term Loan Facility Documentation will contain incurrence-based covenants as incorporated into the corresponding terms of the Notes as modified to take into account relative
ranking) and limited to the following (to be applicable to the Borrower and its restricted subsidiaries) limitations on:

  
 B-24 

			
		
		  	 (a)   the incurrence of indebtedness, with (i) the “Ratio Debt”
incurrence provisions based on pro forma compliance with a 2.00 to 1.00 Fixed Charge Coverage Ratio consistent with the corresponding terms of the Notes; provided, that the Term Loan Facility Documentation will include a cap on the aggregate
principal amount of indebtedness that may be incurred by restricted subsidiaries that are not Guarantors pursuant to the exception for ratio indebtedness in an amount to be agreed (but not worse than that listed on Annex II hereto), and
(ii) an exception for the incurrence of indebtedness under the ABL Facility (including the Incremental ABL Increase in the amount set forth on Exhibit C hereto) (with no cushion to the amount of indebtedness incurred or permitted to be
incurred under the ABL Facility as in effect on the Closing Date) and the Bridge Facility and/or Notes;

		
		  	 (b)   liens;

		
		  	 (c)   fundamental changes;

		
		  	 (d)   asset sales (provided that the Term Loan Facility Documentation
will permit any sale or other disposition (including by a public or private sale of equity interests) of any assets or property of the Borrower and its subsidiaries on an unlimited basis, subject to restrictions consistent with the CommScope
Precedent);

		
		  	 (e)   restricted payments (including dividends and investments and prepayments,
repurchases or redemptions of contractually subordinated or junior lien debt) which shall allow for (i) customary tax distributions to its direct or indirect owners, (ii) restricted payments under a builder basket (the “Builder
Basket”) based on (x) 50% of cumulative Consolidated Net Income (to be defined in a manner consistent with the CommScope Precedent), provided that any amounts included pursuant to clause (x) above shall not be less than $0
plus (y) the greater of $900.0 million and the Equivalent Percentage, subject to the Borrower being able to

  
 B-25 

			
		
		  	 incur $1 of Ratio Debt on a pro forma basis and no continuing payment or bankruptcy Event of Default,
(iii) any “AHYDO catch-up” payments required to be made, (iv) payments of dividends and other amounts under the Preferred Equity in effect on the Closing Date, (v) unlimited restricted
payments subject to pro forma compliance with a total leverage ratio (defined as the Total Leverage Ratio but without netting unrestricted cash and cash equivalents of the Borrower and its restricted subsidiaries) of 3.75:1.00 and no Event of
Default, and (vi) restricted payments made with Retained Asset Sale Proceeds subject to no continuing payment or bankruptcy Event of Default;

		
		  	 (f)   burdensome agreements; and

		
		  	 (g)   accounting changes.

		
		  	In the case of the incurrence of any indebtedness or liens or the making of any investments, restricted payments, prepayments of subordinated or junior debt, asset sales or fundamental changes or the designation of any restricted
subsidiaries or unrestricted subsidiaries, at the Borrower’s option, the relevant ratios and baskets shall be determined, and any default or event of default blocker shall be tested, in accordance with the “Measuring Compliance”
provisions consistent with the Notes (such provisions, the “Measuring Compliance” provisions).
		
	Financial Covenant:	  	 None.

		
	Unrestricted Subsidiaries:	  	The Term Loan Facility Documentation will contain provisions pursuant to which, subject to limitations to be agreed consistent with CommScope Precedent (including on loans, advances, guarantees and other investments in unrestricted
subsidiaries, and transactions with affiliates), the Borrower will be permitted to designate any existing or subsequently acquired or organized subsidiary as an “unrestricted subsidiary” and subsequently
re-designate any such unrestricted subsidiary as a restricted subsidiary, it being understood that (x) the designation of any unrestricted subsidiary as a restricted subsidiary shall constitute the
incurrence at the time of designation of any indebtedness or liens of such subsidiary existing at such time, (y) the fair market value of such subsidiary at the time it is designated as an “unrestricted subsidiary” shall be treated as
an

  
 B-26 

			
		
		  	investment by the Borrower at such time and (z) no payment or bankruptcy event of default under the Term Loan Facility Documentation is continuing at such time or would immediately result from such designation. Unrestricted
subsidiaries will not be subject to the representations and warranties, affirmative or negative covenant or event of default provisions of the Term Loan Facility Documentation and the results of operations and indebtedness of unrestricted
subsidiaries will not be taken into account for purposes of determining compliance with any financial ratio contained in the Term Loan Facility Documentation.
		
	Events of Default:	  	Consistent with CommScope Precedent and limited to the following (to be applicable to Parent, the Borrower and its restricted subsidiaries only): nonpayment of principal when due; nonpayment of interest after a customary five
business day grace period and ten business days for other amounts; violation of covenants (subject, in the case of certain of such covenants, to a thirty day grace period); incorrectness of representations and warranties in any material respect
(subject to a 30 day grace period in the case of representations capable of being cured); cross default and cross acceleration to material indebtedness (excluding the ABL Facility, but shall include a cross-payment default at maturity and a
cross-acceleration to the ABL Facility) consistent with CommScope Precedent and shall include a cross-payment default at maturity (provided that any default in respect of a financial covenant under any other material debt agreement shall not
constitute a default in respect of the Term Loan Facility unless and until the applicable lenders under such material debt agreement have terminated their commitment and accelerated their loans and only for so long as such termination and
acceleration have not been rescinded); bankruptcy or other insolvency events of Parent, the Borrower or its material restricted subsidiaries (with a customary grace period for involuntary events); material monetary judgments; material pension
events; actual or asserted invalidity of material guarantees or security documents; and change of control (to be defined consistent with CommScope Precedent).
		
	Voting:	  	Except as otherwise indicated above (including in regards to the Incremental Term Loan Facilities), amendments and waivers of the Term Loan Facility Documentation will require the approval of Term Lenders holding more than 50% of
the aggregate amount of the loans and unused commitments under the Term Loan Facility (the “Required 

  
 B-27 

			
		
		  	Lenders”) and an acknowledgement by the Term Administrative Agent (provided that the Term Administrative Agent shall receive prior written notice of such amendment or waiver), except that (i) the consent of
each Term Lender directly and adversely affected thereby shall also be required with respect to: (A) increases in or extensions of the commitment of such Term Lender, (B) reductions of principal, interest or fees (but not by virtue
of a waiver or amendment to the terms of any mandatory prepayment or any obligation to pay the Default Rate, any waiver or any change to the definition of a financial ratio) of such Term Lender, (C) reductions in the amount of
or extensions of scheduled amortization payments or final maturity or times for payment of interest and fees (but not by virtue of a waiver or amendment to the terms of any mandatory prepayment or any obligation to pay the Default Rate, any
waiver or any change to the definition of a financial ratio) to such Term Lender, (D) changes in certain pro rata sharing provisions and the application of payment upon the exercise of remedies and (E) the currency of any loan,
(ii) the consent of 100% of the Term Lenders will be required with respect to (A) modifications to any of the voting percentages (other than modifications in connection with repurchases of term loans, amendments with respect to Incremental
Term Loan Facilities and amendments with respect to extensions of maturity, which shall only require affected lender vote) and (B) releases of all or substantially all of the Guarantors or releases of liens on all or substantially all of the
Collateral (other than in connection with actions permitted under the Term Loan Facility Documentation), and (iii) protections for the Term Administrative Agent consistent with CommScope Precedent will be provided. Notwithstanding the
foregoing, changes in terms and conditions in the Term Loan Facility Documentation made or proposed to be made in connection with any Incremental Term Loan Facility or Refinancing Facility that benefit existing Lenders may be effected without the
affirmative vote of such Lender or Lenders.
		
		  	The Term Loan Facility Documentation shall contain customary provisions consistent with CommScope Precedent for, among other similar provisions, (i) replacing non-consenting Term Lenders
in connection with amendments and waivers requiring the consent of all Term Lenders or of all Term Lenders directly affected thereby so long as Term Lenders holding at least 50% of the aggregate amount of the loans and commitments under the Term
Loan

  
 B-28 

			
		
		  	Facility shall have consented thereto; (ii) replacing, prepaying or terminating the commitments of any Term Lender failing to, or that the Borrower or the Term Administrative Agent otherwise reasonably believes may fail to,
fund its commitments (a “Defaulting Lender”) and (iii) replacing, prepaying or terminating the commitments or loans of any Term Lender seeking indemnity for increased costs or
grossed-up tax payments. Subject to exceptions consistent with CommScope Precedent, no Defaulting Lender shall have any right to approve or disprove any amendment, waiver or consent under the Term Loan
Facility Documentation, and any amendment, waiver or consent which by its terms requires the consent of all of the Term Lenders or each affected Term Lender may be effected with the consent of the applicable Term Lenders other than Defaulting
Lenders.
		
		  	The Term Loan Facility Documentation will permit amendments thereof that address a repricing transaction in which any tranche of Term Loans is refinanced with a replacement tranche of Term Loans bearing a lower All-in Yield, with only the consent of the Term Lenders holding such loans subject to such repricing transaction that will continue as a Term Lender in respect of the repriced tranche of term loans.
		
		  	In addition, if the Term Administrative Agent and the Borrower shall have jointly identified an obvious error or any error, ambiguity, defect, inconsistency or omission of a technical nature in the Term Loan Facility Documentation,
then the Term Administrative Agent and the Borrower shall be permitted to amend such provision without any further action or consent of any other party if the same is not objected to in writing by the Required Lenders to the Term Administrative
Agent within five business days following receipt of notice thereof.
		
		  	The Term Loan Facility Documentation will permit guarantees, collateral security documents and related documents to be, together with the credit agreement, amended and waived with the consent of the Term Administrative Agent at the
request of the Borrower without the need for consent by any other Lender if such amendment or waiver is delivered in order to (i) comply with local law or advice of local counsel or (ii) cause such guarantee, collateral security document
or other document to be consistent with the credit agreement and the other Term Loan Facility Documentation.

  
 B-29 

			
		
	Cost and Yield Protection:	  	The Term Loan Facility Documentation will include customary tax gross-up, cost and yield protection provisions consistent with CommScope Precedent (including with respect to the Dodd-Frank
Wall Street Reform and Consumer Protection Act and Basel III). For the avoidance of doubt, there will be no gross-up or indemnification for any taxes imposed under FATCA.
		
	Assignments and Participations:	  	After the Closing Date, the Term Lenders will be permitted to assign (except to Disqualified Lenders (provided that the list of Disqualified Lenders shall be made available to any Lender upon written request and such Lender
may provide the list of Disqualified Lenders to any potential assignee on a confidential basis (it being understood that the identity of Disqualified Lenders will not be posted or distributed to any person, other than a distribution by the Term
Administrative Agent to a Lender upon written request and by a Lender to any potential assignee on a confidential basis; provided further that the foregoing shall not apply retroactively to disqualify any assignment to the extent such
assignment was acquired by a party that was not a Disqualified Lender at the time of such assignment)) or natural persons) loans and/or commitments under the Term Loan Facility with the consent of the Borrower and the Term Administrative Agent (in
each case which consent shall not be unreasonably withheld, conditioned or delayed; provided that (i) the Borrower shall have absolute consent rights with regard to any proposed assignment to a Disqualified Lender and
(ii) investment objectives and/or history of any proposed lender or its affiliates, shall be a reasonable basis for the Borrower to withhold consent); provided that (A) no consent of the Borrower shall be required (i) after the
occurrence and during the continuance of a payment or bankruptcy event of default or (ii) with respect to any Term Loans, if such assignment is an assignment to another Term Lender, an affiliate of a Term Lender or an approved fund and
(B) no consent of the Term Administrative Agent shall be required with respect to assignment of any Term Loans, if such assignment is an assignment to another Term Lender, an affiliate of a Term Lender or an approved fund. Each assignment
(other than to another Term Lender, an affiliate of a Term Lender or an approved fund) will be in an amount of an integral multiple of $500,000 (or lesser amount, if agreed between the Borrower and the Term
Administrative

  
 B-30 

			
		
		  	Agent) or, if less, all of such Term Lender’s remaining loans and commitments of the applicable class. The Term Administrative Agent shall receive a processing and recordation fee of $3,500 for each assignment (or group of
affiliated or related assignments) (it being understood that such recordation fee shall not apply to any assignments by any of the Initial Lenders or any of their affiliates). For any assignments for which the Borrower’s consent is required,
such consent shall be deemed to have been given if the Borrower has not responded within 10 business days of a request for such consent.
		
		  	The Term Lenders will be permitted to sell participations (except to (i) Disqualified Lenders; provided that the list of Disqualified Lenders shall be made available to any Lender upon written request and such Lender may
provide the list of Disqualified Lenders to any potential participant on a confidential basis (it being understood that the identity of Disqualified Lenders will not be posted or distributed to any person, other than a distribution by the Term
Administrative Agent to a Lender upon written request and by a Lender to any potential participant on a confidential basis) or (ii) natural persons; provided further that the foregoing shall not apply retroactively to disqualify any
participation interest in the Term Loan Facility to the extent such participation interest was acquired by a party that was not a Disqualified Lender at the time of such participation) in loans and commitments consistent with CommScope Precedent and
in accordance with applicable law. The Term Administrative Agent shall not be responsible or have any liability for, or have any duty to ascertain, inquire into, monitor or enforce, compliance with the provisions relating to Disqualified Lenders.
Without limiting the generality of the foregoing, the Term Administrative Agent shall not (x) be obligated to ascertain, monitor or inquire as to whether any Lender or participant or prospective Lender or participant is a Disqualified Lender or
(y) have any liability with respect to or arising out of any assignment or participation of loans, or disclosure of confidential information, to, or the restrictions on any exercise of rights or remedies of, any Disqualified Lender. Voting
rights of participants shall be limited to matters set forth under “Voting” above with respect to which the unanimous vote of all Term Lenders (or all directly and adversely affected Term Lenders, if the participant is directly and
adversely affected) would be required. Pledges of loans in accordance with applicable law shall be permitted.

  
 B-31 

			
		
	Expenses and Indemnification:	  	The Borrower shall pay, if the Closing Date occurs, all reasonable and documented and invoiced out-of-pocket costs and expenses of the Term
Administrative Agent and the Commitment Parties (without duplication) in connection with the syndication of the Term Loan Facility and the preparation, execution, delivery, administration, amendment, waiver or modification and enforcement of the
Term Loan Facility Documentation (including the reasonable documented and invoiced fees, disbursements and other charges of counsel identified herein (and, if reasonably necessary, any special or local counsel in jurisdictions material to the
interests of the Term Lenders and, in the case of any actual or perceived conflict of interest, one additional counsel) or otherwise retained with the Borrower’s consent (which consent shall not be unreasonably withheld, delayed or
conditioned)).
		
		  	The Borrower and the Guarantors, jointly and severally, will indemnify the Term Administrative Agent, the Commitment Parties, the Term Lenders and their affiliates, and the officers, directors, employees, advisors, agents,
controlling persons and other representatives of the foregoing and their successors and permitted assigns and hold them harmless from and against all losses, claims, damages, liabilities and reasonable and documented and invoiced out-of-pocket costs, expenses (including reasonable documented and invoiced fees, disbursements and other charges of one firm of counsel for all indemnified persons and, if
reasonably necessary, one firm of local counsel in jurisdictions material to the interests of the Term Lenders) (and, in the case of an actual or perceived conflict of interest, where the indemnified person affected by such conflict informs the
Borrower of such conflict, of one additional firm of counsel (and local counsel) in each relevant jurisdiction to each group of similarly affected indemnified persons) and all losses, claims, damages and liabilities of the indemnified persons
arising out of or relating to any claim or any litigation or other proceeding (regardless of whether such indemnified person is a party thereto and whether or not such proceedings are brought by the Borrower, its equity holders, its affiliates,
creditors or any other third person), that relates to the Transactions, including the financing contemplated hereby, the Acquisition or any transactions connected therewith; provided that none of the Term Administrative Agent, the Commitment
Parties or any Term Lender (or any of its respective affiliates, or any of its or their respective officers, directors, employees, advisors, agents, controlling

  
 B-32 

			
		
		  	persons or other representatives) will be indemnified for any loss, claim, damage, cost, expense or liability to the extent determined by a court of competent jurisdiction in a final and
non-appealable decision to have resulted from the gross negligence, bad faith or willful misconduct of such person or any of its controlled affiliates or any of its or their respective officers, directors,
employees, agents or members of any of the foregoing, a material breach of the Term Loan Facility Documentation by any such persons, disputes between and among indemnified persons (other than disputes involving claims against the Term Administrative
Agent or any other agent or arranger in their respective capacities as such) and not involving any act or omission by the Borrower or its affiliates or settlements effected without the Borrower’s prior written consent (which consent shall not
be unreasonably withheld, delayed or conditioned).
		
	Governing Law and Forum:	  	New York.
		
	Counsel to the Term Administrative Agent, Lead Arrangers and Joint Bookrunners:	  	Cahill Gordon & Reindel LLP.

  
 B-33 

 ANNEX I to 

EXHIBIT B 
  

			
	Interest Rates:	  	The interest rates under the Term Loan Facility (other than any Term B-1 Facility) will be as follows:
		
		  	 Term Loan Facility: At the option of the Borrower, for Term Loans, Adjusted LIBOR plus 2.50% or ABR
plus 1.50%

		
		  	 From and after the delivery by the Borrower to the Term Administrative Agent of the Borrower’s financial
statements (or that of a direct or indirect parent or restricted subsidiary of the Borrower as provided herein) for the first full fiscal quarter of the Borrower completed after the Closing Date, interest rate spreads with respect to the Term Loans
shall be determined by reference to a First Lien Leverage Ratio-based pricing grid (with one 25 basis point step-down if the First Lien Leverage Ratio is 0.50x less than the Closing Date First Lien Leverage Ratio).

		
		  	 Notwithstanding the foregoing, if the Pre-Acquisition Term Loan Amendments are obtained, the Term B-1 Facility shall accrue interest in accordance with the terms of the Existing Term Loan Credit Agreement, subject to adjustment in accordance with Section 2.17 thereof.

		
		  	The Borrower may elect interest periods of 1, 2, 3 or 6 months (or, if agreed to by all relevant Term Lenders, 12 months or any shorter period) for Adjusted LIBOR borrowings.
		
		  	Calculation of interest shall be on the basis of the actual days elapsed in a year of 360 days (or 365 or 366 days, as the case may be, in the case of ABR loans based on the prime rate and in the case of currencies (other than
U.S. dollars) as per the relevant market practice).
		
		  	Interest shall be payable in arrears (a) for loans accruing interest at a rate based on Adjusted LIBOR, at the end of each interest period and, for interest periods of greater than three months, every three months, and on
the applicable maturity date and (b) for loans accruing interest based on the ABR, quarterly in arrears and on the applicable maturity date.

  
 B-I-1 

			
		  	“ABR” is the Alternate Base Rate, which is the highest of (i) the rate of interest last quoted by The Wall Street Journal in the U.S. as the “prime rate” in effect (the “Prime
Rate”) (ii) the NYFRB Rate from time to time plus 0.5% and (iii) Adjusted LIBOR for a one month interest period plus 1.00%. If the ABR as determined pursuant to the foregoing would be less than 1.00%, such rate shall be
deemed to be 1.00%
		
		  	“Adjusted LIBOR” is the London interbank offered rate (“LIBOR”) for dollars, adjusted for statutory reserve requirements for eurocurrency liabilities.
		
		  	“Federal Funds Effective Rate” means, for any day, the rate calculated by the NYFRB based on such day’s federal funds transactions by depositary institutions, as determined in such manner as the NYFRB
shall set forth on its public website from time to time, and published on the next succeeding Business Day by the NYFRB as the federal funds effective rate, provided that if the Federal Funds Effective Rate shall be less than zero, such rate
shall be deemed to zero for the purposes of calculating such rate.
		
		  	“NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day; provided, that if any of the
aforesaid rates shall be less than zero, such rate shall be deemed to zero for the purposes of calculating such rate.
		
		  	“Overnight Bank Funding Rate” means, for any day, the rate comprised of both overnight federal funds and overnight Eurodollar Borrowings by U.S.-managed banking offices of depository institutions, as such
composite rate shall be determined by the NYFRB as set forth on its public website from time to time, and published on the next succeeding Business Day by the NYFRB as an overnight bank funding rate (from and after such date as the NYFRB shall
commence to publish such composite rate).
		
		  	There shall be a minimum Adjusted LIBOR (i.e., Adjusted LIBOR prior to adding any applicable interest rate margins thereto) requirement of 0.00% per annum.
		
		  	The Term Loan Facility shall include a customary LIBOR replacement provision in the event LIBOR is discontinued.

  
 B-I-2 

 ANNEX II to 

EXHIBIT B 
  

					
	 	  	 Item
	  	 Term

	
	Indebtedness
			
	1.	  	Non-Guarantor Sublimit for Ratio Debt and Ratio Acquisitions Debt	  	Greater of $500.0 million and the Equivalent Percentage2
			
	2.	  	Purchase Money / Capitalized Lease Obligations	  	Greater of $350.0 million and the Equivalent Percentage
			
	3.	  	General Basket	  	Greater of $600.0 million and the Equivalent Percentage
			
	4.	  	Ratio Acquisitions Debt	  	Unlimited provided that after giving effect to such acquisition and the incurrence of such debt either: (1) Borrower would be permitted to incur at least $1.00 of additional Ratio Debt or (2) the Fixed
Charge Coverage Ratio is equal to or greater than the Fixed Charge Coverage Ratio immediately prior to such acquisition
			
	5.	  	Non-Guarantor Debt	  	Greater of $500.0 million and the Equivalent Percentage
			
	6.	  	Joint Ventures Debt	  	Greater of $200.0 million and the Equivalent Percentage
			
	7.	  	General Acquisitions Debt	  	Greater of $350.0 million and the Equivalent Percentage
	
	Permitted Liens
			
	8.	  	Liens Securing Pari Passu or Junior Lien Debt	  	 £ 3.50 to 1.00 First Lien Leverage Ratio;

£ 4.00 to 1.00 Senior Secured Leverage Ratio

			
	9.	  	General Basket	  	Greater of $350.0 million and the Equivalent Percentage

 

	2 	 “Equivalent Percentage” shall mean the percentage of Consolidated EBITDA, Consolidated Total Assets
or Consolidated Net Tangible Assets (chosen at the election of the Borrower prior to the launch of general syndication of the Credit Facilities) that such basket equates to, based upon the relevant information provided in the Information Materials.

  
 B-II-1 

					
	 	  	 Item
	  	 Term

	
	Asset Sales
			
	 10.
	  	Designated Non-Cash Consideration	  	Greater of $450.0 million and the Equivalent Percentage
			
	 11.
	  	Amount of proceeds from a disposition of receivables that are exempt from asset sale sweep	  	No Sweep for Qualified Financings
	
	Restricted Payments
			
	 12.
	  	Management Buybacks	  	$45.0 million in any calendar year (carryover for the next 2 succeeding calendar years)
			
	 13.
	  	General Basket	  	Greater of $600.0 million and the Equivalent Percentage
			
	 14.
	  	Permitted IPO Distributions	  	Up to 6% per annum of the net proceeds received by (or contributed to) the Issuer from such qualified public offering
			
	 15.
	  	Investments in Unrestricted Subsidiaries	  	Greater of $300.0 million and the Equivalent Percentage
	
	Transactions with Affiliates
			
	 16.
	  	Threshold Amount	  	$75.0 million
			
	 17.
	  	Board Resolution Requirement	  	$100.0 million
	
	Permitted Investments
			
	 18.
	  	Loans to Employees	  	$15.0 million at any one time outstanding
			
	 19.
	  	Investments in Similar Business	  	Greater of $450.0 million and the Equivalent Percentage
			
	 20.
	  	General Basket	  	Greater of $550.0 million and the Equivalent Percentage
			
	 21.
	  	Investments in Joint Ventures	  	Greater of $320.0 million and the Equivalent Percentage
	
	Miscellaneous
			
	 22.
	  	Cross Default and Judgment Default Trigger	  	$75.0 million

  
 B-II-2 

					
	 	  	 Item
	  	 Term

	 23.
	  	Immaterial Subsidiaries	  	 5.00% of CNTA or consolidated EBITDA individually and no greater than 10.00% of

CNTA or consolidated EBITDA in the

aggregate

			
	 24.
	  	Material Real Property	  	$10 million

  
 B-II-3 

 EXHIBIT C 

Project Aspen 
 ABL
Facility 
 Summary of Principal Terms and Conditions3 

 

			
	Borrower:	  	CommScope (the “Parent Borrower”) and each domestic subsidiary of the Parent Borrower that owns any of the assets included in the Borrowing Base (as defined below) shall be
co-borrowers (collectively, the “Co-Borrowers” and, together with the Parent Borrower, the “Borrower”) or co-obligors under the ABL Facility. The assets of any subsidiary that is not a Borrower shall not be included in the Borrowing Base.
		
	Transaction:	  	As set forth in Exhibit A to the Commitment Letter.
		
	Administrative Agent and Collateral Agent:	  	JPMorgan will act as sole administrative agent and sole collateral agent for a syndicate of banks, financial institutions and other entities (excluding any Disqualified Lender and on the Closing Date subject to the reasonable
approval of the Borrower) (together with the Initial Lenders, the “ABL Lenders”) under the ABL Facility, and will perform the duties customarily associated with such roles.
		
	Joint Lead Arrangers and Joint Bookrunners:	  	JPMorgan, MLPFS and DBSI will act as joint lead arrangers and joint bookrunners for the ABL Facility (together with any additional entities appointed pursuant to Section 2 of the Commitment Letter) and will perform the duties
customarily associated with such roles; provided that you agree that JPMorgan may perform its responsibilities hereunder through its affiliate, J.P. Morgan Securities LLC.
		
	ABL Facility:	  	A non-amortizing multicurrency senior secured asset-based revolving credit facility (the “ABL Facility”) in an aggregate principal amount of $750.0 million (the
loans thereunder are collectively referred to as “ABL Loans”). Lenders with commitments under the ABL Facility are collectively referred to as “ABL Lenders.” ABL Loans may be borrowed in U.S. Dollars,
Euros, Pounds Sterling, Swiss Francs and other currencies to be agreed.

  

	3	 All capitalized terms used but not defined herein shall have the meanings given to them in the Commitment
Letter to which this term sheet is attached, including the exhibits thereto. 

  
 C-1 

			
	Incremental Facilities:	  	The ABL Facility will permit the Borrower to increase commitments under the ABL Facility (any such increase, an “Incremental ABL Increase”) in an aggregate amount of up to $400.0 million plus voluntary
permanent commitment reductions of (i) the ABL Facility and (ii) any Incremental ABL Increase prior to the date of any such incurrence (in each case, to the extent not funded with the proceeds of long-term debt); provided that
(i) the Borrower may, but shall not be required to, seek commitments in respect of an ABL Incremental Increase from existing ABL Lenders, but no existing ABL Lender will be required to participate in any such Incremental ABL Increase without
its consent, (ii) subject to the Measuring Compliance (as defined below) provisions, no event of default under the ABL Facility would exist after giving effect thereto, (iii) pricing for any Incremental ABL Increase in the form of a last-out facility shall be on terms as agreed with the new lenders, with no “MFN” (a “Last-Out Facility”), (iv) pricing for any Incremental
ABL Increase not in the form of a Last-Out Facility shall be on terms as agreed with lenders providing such Incremental ABL Increase but the applicable margins and commitment fee under the ABL Facility shall
be increased if necessary to be consistent with that for such Incremental ABL Increase, and (v) the documentation and terms of any Incremental ABL Increase shall be documented solely as an increase to the commitments under the ABL Facility
without any change in terms other than those necessary to effect such Incremental ABL Increase and other than with respect to a Last-Out Facility, which shall have terms as may be agreed to among the Borrower
and the lenders providing such facility; provided that such terms (other than advance rates, the revolving or term nature of the facility, pricing, interest rate margins, rate floors, fees and subordination in the “default waterfall”)
shall be reasonably satisfactory to the ABL Administrative Agent. Any upfront fees paid to Lenders pursuant to an Incremental ABL Increase are to be determined between the Borrower and the ABL Lenders participating in such Incremental ABL
Increase.
		
	Refinancing ABL Facility:	  	The ABL Facility Documentation will permit the Borrower to refinance commitments under the ABL Facility from time to time, in whole or part, with one or more new revolving credit facilities (each, a “Refinancing
ABL Facility”),

  
 C-2 

			
		  	respectively, under the ABL Facility Documentation with the consent of the Borrower and the institutions providing such Refinancing ABL Facility; provided that:
		
		  	(i) any Refinancing ABL Facility does not mature (or require commitment reductions or amortization) prior to the maturity of the revolving commitments being refinanced;
		
		  	(ii) the other terms and conditions of such Refinancing ABL Facility (excluding pricing and optional prepayment or redemption terms) are substantially identical to, or (when taken as a whole) less favorable to the investors
providing such Refinancing ABL Facility than, those applicable to the revolving commitments being refinanced (each as determined by the Borrower in good faith) (except for covenants or other provisions applicable only to periods after the latest
final maturity date of the revolving commitments existing at the time of such refinancing or as are incorporated into the ABL Facility Documentation for the benefit of all existing ABL Lenders (which may be accomplished without further amendment
requirements));
		
		  	(iii) the proceeds of such Refinancing ABL Facilities shall be applied, substantially concurrently with the incurrence thereof, to the pro rata prepayment of outstanding loans and pro rata commitment reductions under the ABL
Facility being so refinanced and the payment of fees, expenses and premiums, if any, payable in connection therewith;
		
		  	(iv) Refinancing ABL Facilities, other than a Last-Out Facility, shall be borrowed and repaid on a pro rata basis with any remaining commitments under the ABL Facilities and be part of, and
count against the Borrowing Base on the same basis as the commitments being refinanced; and
		
		  	(v) Refinancing ABL Facilities may not be guaranteed (or have as a Co-Borrower) by any person other than a Borrower or Guarantor and to the extent secured, shall be secured only by the
Collateral and on an equal or junior basis with the ABL Facility.
		
	Purpose:	  	The proceeds of borrowings under the ABL Facility will be used by the Borrower and its subsidiaries on and after the Closing Date to replace existing letters of credit, drawings under the Existing ABL Credit Agreement, together with
the proceeds from the incurrence of the Bridge Facility and/or

  
 C-3 

			
		  	the Notes, the proceeds from borrowings under the Term Loan Facility, the proceeds from the Preferred Equity and cash on hand, to pay the Acquisition Costs, and for working capital and other general corporate purposes, including the
financing of permitted acquisitions and other permitted investments.
		
	Availability:	  	The ABL Facility may be borrowed at any time on and after the Closing Date to, but excluding, the business day immediately preceding the final maturity of the ABL Facility; provided that, on the Closing Date, the ABL Facility
will only be available (i) to finance any OID or upfront fees required to be paid on the Closing Date in connection with the “market flex” provisions in the Fee Letter, plus (ii) to refinance any amounts outstanding under the
Existing ABL Credit Agreement, plus (iii) to the extent used to pay the purchase price under the Acquisition and/or for working capital purposes, up to an amount to be agreed but no less than $100 million; provided, further,
that (i) the aggregate amount of loans, unreimbursed letter of credit drawings and letters of credit outstanding under the ABL Facility at any time shall not exceed the Loan Cap (as defined below) and (ii) the aggregate amount of loans
outstanding to the Borrower, unreimbursed drawings under letters of credit issued for the account of the Borrower and letters of credit outstanding for the account of the Borrower shall not exceed the Borrowing Base.
		
	Borrowing Base:	  	In the event that the ABL Administrative Agent has not received commercial finance examinations or inventory appraisals with respect to Borrowing Base assets of the Target reasonably satisfactory to the ABL Administrative Agent
prior to the Closing Date, Borrower shall use its commercially reasonable efforts to provide the ABL Administrative Agent, the field examiners and the inventory appraisers sufficient access and information to complete such commercial finance
examinations and inventory appraisals within 90 days after the Closing Date; provided that if the commercial finance examinations and inventory appraisals are not delivered within 90 days after the Closing Date, the portion of the Borrowing
Base attributable to Borrowing Base assets of the Target shall be equal to $0 until the date on which such delivery has occurred and the ABL Administrative Agent shall have been afforded a reasonable period of time to review, and be reasonably
satisfied with, such commercial finance examinations and inventory appraisals. Notwithstanding anything to the contrary, until

  
 C-4 

			
		  	the delivery of the first borrowing base certificate under the ABL Facility Documentation, the Borrowing Base shall be deemed to be no less than the US Borrowing Base (as defined in the Existing ABL Credit Agreement) attributable to
the US Borrowers (as defined in the Existing ABL Credit Agreement) of CommScope as of the last fiscal month ending immediately prior to the Closing Date (the “Borrowing Base Floor”).
		
		  	“Availability” means an amount equal to the Loan Cap minus the aggregate amount of loans, unreimbursed letter of credit drawings and letters of credit outstanding under the ABL Facility.
		
		  	“Borrowing Base” shall be defined in a manner consistent with the definition of “US Borrowing Base” in the Existing ABL Credit Agreement.
		
		  	“Loan Cap” shall mean an amount, as of any date of determination, equal to the lesser of (i) the Borrowing Base as in effect on such date and (ii) the aggregate commitments under the ABL
Facility.
		
		  	ABL borrowing base advance rates, eligibility requirements and reserves shall be set forth in the ABL Facility Documentation in a manner consistent with the Existing ABL Credit Agreement (subject to exclusion of sub-facilities outside of the United States, and related terms and provisions) and shall initially be based on field exams and appraisals reasonably acceptable to the ABL Administrative Agent.
		
		  	The Borrowing Base shall be computed on a monthly basis pursuant to a monthly borrowing base certificate to be delivered by the Borrower to the ABL Administrative Agent consistent with the Existing ABL Credit Agreement (or, if
during a Liquidity Event Period, on a more frequent basis (but not more frequently than weekly) as shall be reasonably determined by the ABL Administrative Agent); provided that the Borrower shall deliver a preliminary borrowing base
certificate for the informational purposes of the ABL Administrative Agent reasonably prior to the Closing Date (it being understood that such initial borrowing base certificate may state that the Borrowing Base equals the Borrowing Base
Floor).
		
	Interest Rates and Fees:	  	As set forth on Annex I hereto.

  
 C-5 

			
	Default Rate:	  	During the continuance of a payment or bankruptcy event of default, with respect to overdue principal, the applicable interest rate plus 2.00% per annum, and with respect to any other overdue amount (including overdue
interest), the interest rate applicable to ABR loans (as defined in Annex I hereto) plus 2.00% per annum and in each case, shall be payable on demand (such rate, the “ABL Default Rate”).
		
	Swingline Loans:	  	A portion of the ABL Facility not in excess of $80 million (or such higher amount as agreed to by the Swingline Lender in its discretion) will be available for swingline loans (the “Swingline Loans”) in
dollars on same-day notice from the ABL Administrative Agent (in such capacity, the “Swingline Lender”). Except for purposes of calculating the commitment fee described below, any such
swingline borrowings will reduce availability under the ABL Facility on a dollar-for-dollar basis.
		
		  	Each Lender will, promptly upon request by the Swingline Lender, fund to the Swingline Lender its pro rata share of any swingline borrowings.
		
		  	Swingline Loans will be repaid by the Lenders with ABL Loans on a weekly basis.
		
		  	If any ABL Lender becomes a Defaulting Lender (to be defined in a manner consistent with Existing ABL Credit Agreement), then the swingline exposure of such Defaulting Lender will automatically be reallocated among the non-Defaulting Lenders pro rata in accordance with their commitments under the ABL Facility up to an amount such that the revolving credit exposure of such non-Defaulting
Lender does not exceed its commitments. In the event such reallocation does not fully cover the exposure of such Defaulting Lender, the Swingline Lender may require the Borrower to repay such “uncovered” exposure in respect of the
swingline loans and will have no obligation to make new swingline loans to the extent such swingline loans would exceed the commitments of the non-Defaulting Lenders.
		
	Letters of Credit:	  	A portion of the ABL Facility not in excess of $250 million will be available to the Borrower and its restricted subsidiaries for the purpose of issuing letters of credit. Letters of credit under the ABL Facility will be issued
by each of the ABL Lenders that hold commitments on the Closing Date (subject to individual sublimits based on the product of (x) their respective pro rata shares of the

  
 C-6 

			
		  	aggregate commitments in respect of the ABL Facility as of the date hereof and (y) the letter of credit sublimit) (each an “ABL Issuing Bank”); provided that no Initial Lender (or any affiliate of
an Initial Lender) that is an ABL Issuing Bank shall be required to issue any letters of credit other than standby letters of credit. Each letter of credit shall expire not later than the earlier of (a) 12 months after its date of issuance or
such longer period as may be agreed by the applicable Issuing Bank and (b) the third business day prior to the final maturity of the ABL Facility; provided that any letter of credit may provide for renewal thereof for additional periods
of up to 12 months or such longer period as may be agreed by the applicable ABL Issuing Bank (which in no event shall extend beyond the date referred to in clause (b) above, except to the extent cash collateralized or backstopped pursuant to
arrangements reasonably acceptable to the relevant ABL Issuing Bank). The face amount of any outstanding letter of credit (and, without duplication, any unpaid drawing in respect thereof) will reduce availability under the ABL Facility on a dollar-for-dollar basis. Letters of credit outstanding under the Existing ABL Credit Agreement on the Closing Date will be deemed to be issued under the ABL Facility, and
additional letters of credit will be issued under the ABL Facility on the Closing Date if necessary to backstop or replace letters of credit of the Target.
		
		  	Drawings under any letter of credit shall be reimbursed by the Borrower (whether with its own funds or with the proceeds of loans under the ABL Facility) within one business day after notice of such drawing is received by such
Borrower from the relevant ABL Issuing Bank. The ABL Lenders will be irrevocably and unconditionally obligated to acquire participations in each letter of credit, pro rata in accordance with their commitments under the ABL Facility, and to fund such
participations in the event the Borrower does not reimburse an ABL Issuing Bank for drawings within the time period specified above.
		
		  	If any ABL Lender becomes a Defaulting Lender, then the letter of credit exposure of such Defaulting Lender will automatically be reallocated among the non-Defaulting Lenders pro rata in
accordance with their commitments under the ABL Facility up to an amount such that the revolving credit exposure of such non-Defaulting Lender does not exceed its commitments. In the event that such
reallocation does not fully cover the exposure of such

  
 C-7 

			
		  	Defaulting Lender, the applicable ABL Issuing Bank may require the Borrower to cash collateralize such “uncovered” exposure in respect of each outstanding letter of credit and will have no obligation to issue new letters
of credit, or to extend, renew or amend existing letters of credit to the extent letter of credit exposure would exceed the unused commitments of the non-Defaulting Lenders, unless such “uncovered”
exposure is cash collateralized to such ABL Issuing Bank’s reasonable satisfaction.
		
	Final Maturity:	  	The ABL Facility will mature, and the lending commitments thereunder will terminate, on the date that is five (5) years after the Closing Date; provided that the ABL Facility Documentation shall provide the right of
individual ABL Lenders to agree to extend the maturity date of all or a portion of their outstanding ABL Facility commitments (which may include, among other things, an increase in the interest rate payable with respect to such extended ABL Facility
commitments, with such extension not subject to any financial test or “most favored nation” pricing provision) upon the request of the Borrower and without the consent of any other ABL Lender; it being understood that each ABL Lender under
the applicable tranche or tranches that are being extended shall have the opportunity to participate in such extension on the same terms and conditions as each other ABL Lender in such tranche or tranches; provided further that it is
understood that no existing ABL Lender will have any obligation to commit to any such extension.
		
	Guarantees:	  	Subject to the Conditionality Provision, all obligations of the Borrower and the Co-Borrowers (collectively, the “Borrower ABL Obligations”) under the ABL Facility and,
at the option of the Borrower, under any interest rate protection or other swap or hedging arrangements (other than any obligation of any Guarantor to pay or perform under any agreement, contract, or transaction that constitutes a “swap”
within the meaning of section 1a(47) of the Commodity Exchange Act (a “Swap”), if, and to the extent that, all or a portion of the guarantee by such Guarantor of, or the grant by such Guarantor of a security interest to
secure, such Swap (or any guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation, or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof)), and
cash management arrangements entered into with a Lender, the Administrative Agent or any affiliate of a Lender or the Administrative Agent as of the Closing

  
 C-8 

			
		  	Date (or who becomes a Lender or an affiliate thereof within 45 days of the Closing Date) or at the time of entering into such arrangements and designated by the Borrower as “Hedging/Cash Management
Arrangements” (“Hedging/Cash Management Arrangements”) will be unconditionally guaranteed jointly and severally on a senior secured first-lien basis (the “ABL Guarantees”) by each
Guarantor under the Term Loan Facility. For the avoidance of doubt, each Borrower or Guarantor under the ABL Facility shall be a Guarantor of the Term Loan Facility. With respect to the designation of any subsidiary as an “unrestricted
subsidiary,” (i) the Borrower shall deliver a Borrowing Base Certificate if the Borrowing Base would be reduced by more than 15% of the Loan Cap in effect of such time by the designation of such subsidiary and (ii) as a condition to any
such designation as an unrestricted subsidiary or any re-designation of an unrestricted subsidiary as a restricted subsidiary, no payment or bankruptcy event of default shall exist or would result therefrom.
Notwithstanding the foregoing, subsidiaries may be excluded from the guarantee requirements in circumstances where the Borrower and the ABL Administrative Agent reasonably agree that the cost or other consequences of providing such a guarantee is
excessive in relation to the value afforded thereby; provided that non-Guarantor assets shall not be included in the Borrowing Base.
		
	Security:	  	Subject to the limitations set forth below in this section, subject to the Conditionality Provision and the Intercreditor Agreement, the Borrower ABL Obligations and the ABL Guarantees and, at the option of the Borrower, the
Hedging/Cash Management Arrangements will be secured by (i) perfected first priority security interests in personal property of the Borrower and the Guarantors consisting of (a) accounts receivable; (b) inventory; (c) [reserved]; (d)
cash, deposit accounts, securities accounts and investment property (other than equity interests and indebtedness of Parent or any of its subsidiaries, identifiable proceeds of Cash Flow Priority Collateral and deposit accounts and securities
accounts containing solely identifiable proceeds of Cash Flow Priority Collateral, in each case, as provided in the Intercreditor Agreement (as defined in Exhibit B)); (e) to the extent giving rise to, representing or relating to any of the
foregoing, general intangibles (other than intellectual property; provided that, subject to the relevant Intercreditor Agreement, the ABL Administrative Agent shall have a

  
 C-9 

			
		  	license allowing the use of such intellectual property as may be necessary for the liquidation of the ABL Priority Collateral in addition to the benefit of other customary intercreditor provisions relating to the access and use of
the Cash Flow Priority Collateral), chattel paper, instruments, books and records and insurance policies; and (f) all products and proceeds of the foregoing (other than identifiable proceeds of Cash Flow Priority Collateral) (the assets set
forth in this clause (i), but excluding Excluded Assets (as defined below), the “ABL Priority Collateral”) and (ii) second priority security interests in the Cash Flow Priority Collateral (as defined in
Exhibit B) (the Cash Flow Priority Collateral together with the ABL Priority Collateral, the “Collateral”).
		
		  	Notwithstanding anything to the contrary, the Collateral shall exclude all Excluded Assets; provided that no assets that are included in the Borrowing Base shall constitute Excluded Assets, and in any event, the ABL Facility shall
not be secured by (A) any fee-owned real property, and (B) all real property leasehold interests.
		
		  	All the above-described pledges, security interests shall be created on terms and within time frames to be set forth in the ABL Facility Documentation; and none of the Collateral shall be subject to other pledges, security interests
or mortgages (except liens securing the Term Loan Facility (subject to the terms of the Intercreditor Agreement), other permitted liens and other exceptions and baskets to be set forth in the ABL Facility Documentation).
		
		  	Notwithstanding anything to the contrary set forth herein, Parent, the Borrower and the subsidiary Guarantors shall not be required, nor shall the ABL Administrative Agent be authorized, except as expressly set forth in the ABL
Facility Documentation, (i) to perfect the above-described pledges and security interests by any means other than by (A) filings pursuant to the Uniform Commercial Code in the office of the secretary of state (or similar central filing
office) of the relevant State(s), (B) filings in United States government offices with respect to intellectual property as expressly required in the ABL Facility Documentation, (C) subject to the Intercreditor Agreement, delivery to the ABL
Administrative Agent (or to the Term Administrative Agent under the Term Loan Facility on its behalf in the case of Cash Flow Priority Collateral) to be held in its possession of all Collateral consisting of intercompany notes,
stock

  
 C-10 

			
		  	certificates of the Borrower and its subsidiaries and instruments, in each case as expressly required in the ABL Facility Documentation, or (D) control agreements as set forth under “Cash Dominion” below or
(ii) to enter into any control agreement with respect to any deposit account or securities account (except as set forth under “Cash Dominion” below) or (iii) to take any action (other than the actions listed in clauses (i)(A) and
(i)(D) above) with respect to any assets located outside of the United States.
		
		  	To the extent the Term Administrative Agent determines any property or assets constituting Cash Flow Priority Collateral shall not become part of or shall be excluded from the Collateral under a provision that exists in
substantially the same form in both the Term Loan Facility Documentation and the ABL Facility Documentation, the ABL Administrative Agent shall automatically be deemed to accept such determination and shall execute any documentation, if applicable,
requested by the Borrower in connection therewith (it being understood that if such exclusion is with respect to any assets constituting part of the Borrowing Base, the Borrowing Base shall be adjusted as set forth in the ABL Facility Documentation
and any mandatory prepayment (or cash collateralization) required pursuant to the mandatory prepayment provisions of the ABL Facility Documentation shall be required to be made concurrently with such exclusion).
		
	Mandatory Prepayments:	  	The Borrower shall repay outstanding applicable loans under the ABL Facility (and cash collateralize outstanding letters of credit) to the extent that such loans under the ABL Facility, unreimbursed letter of credit drawings
and letters of credit exceed the “Availability” including, without limitation, as a result of changes in Availability of the type contemplated by clause (e) below under “Conditions to All Borrowings,” as mutually agreed and
set forth in the ABL Facility Documentation.
		
		  	After the occurrence and during the continuance of a Liquidity Event Period, all amounts deposited in blocked accounts maintained by the ABL Administrative Agent will, subject to the limitations described above, be promptly applied
by the ABL Administrative Agent as required under “Application of Prepayments” below.
		
	Application of Prepayments:	  	Mandatory prepayments under the ABL Facility shall be applied (i) first, to repay any protective advances, (ii)

  
 C-11 

			
		  	second, to repay outstanding Swingline Loans on a pro rata basis until such Swingline Loans have been repaid in full, (iii) third, to repay outstanding ABL Loans on a pro rata basis until such ABL Loans have been repaid in full
and (iv) fourth, to cash collateralize letters of credit, in each case, without a corresponding reduction of commitments under the ABL Facility.
		
	Voluntary Prepayments and Reductions in Commitments:	  	Voluntary reductions of the unutilized portion of the ABL Facility commitments and voluntary prepayments of borrowings under the ABL Facility will be permitted at any time, in minimum principal amounts to be agreed upon, without
premium or penalty, subject to reimbursement of the ABL Lenders’ actual redeployment costs in the case of a prepayment of Adjusted LIBOR borrowings other than on the last day of the relevant interest period.
		
	Documentation:	  	Subject to the Conditionality Provision, the definitive documentation for the ABL Facility (the “ABL Facility Documentation”) will be based upon the definitive documentation (including financial
definitions) for the Term Loan Facility, as updated to account for the asset-based nature of the ABL Facility, and will be consistent with the Commitment Letter, this ABL Term Sheet and the Fee Letter and substantially consistent with the Existing
ABL Credit Agreement (as modified to reflect the terms hereof, including the elimination of any non-U.S. borrowing base), and will contain only those conditions to borrowing, mandatory prepayments,
representations, warranties, covenants and events of default expressly set forth (or referred to) in this Term Sheet (subject to modification, other than as it relates to conditions, in accordance with the “market flex” provisions of the
Fee Letter), and other terms and provisions to be mutually agreed upon and consistent with the Existing ABL Credit Agreement.
		
	Representations and Warranties:	  	Substantially consistent with the Term Loan Facility Documentation and, with respect to ABL specific provisions, the Existing ABL Credit Agreement and shall include a customary representation with respect to the Borrowing Base
certificates.
		
	Conditions to Initial Borrowing:	  	Subject to the Conditionality Provision, the availability of the initial borrowing and other extensions of credit under the ABL Facility on the Closing Date will be subject solely to the conditions in Section 6 of the
Commitment Letter, in Exhibit E of the Commitment Letter and clause (a) below under “Conditions to All Borrowings.”

  
 C-12 

			
	Conditions to All Borrowings:	  	The making of each extension of credit under the ABL Facility shall be conditioned upon (a) delivery of a customary borrowing notice, (b) after the Closing Date, the accuracy of representations and warranties in all
material respects, (c) after the Closing Date, the absence of defaults or events of default at the time of, or after giving effect to the making of, such extension of credit, (d) Availability (subject to the then-applicable Borrowing Base
and/or the Borrowing Base Floor), and (e) the extension of credit shall not exceed the amount of the Borrowing Base attributable to the assets of the Borrower for such extension of credit (as reflected in the most recently delivered borrowing
base certificate or, prior to the delivery of the first borrowing base certificate, as reasonably allocated with respect to the Borrowing Base Floor).
		
		  	Notwithstanding the foregoing, the ABL Facility will permit the ABL Administrative Agent to make limited protective advances (the definition of which is to be mutually agreed) on terms consistent with the Existing ABL Credit
Agreement.
		
	Affirmative Covenants:	  	Substantially consistent with the Term Loan Facility Documentation, and ABL specific provisions consistent with the Existing ABL Credit Agreement, including covenants with respect to (i) delivery of borrowing base certificates,
(ii) maintenance of cash management systems and (iii) commercial finance examinations and inventory appraisals; provided that the ABL Administrative Agent may conduct up to one field examination and up to one inventory appraisal
during any calendar year; provided further that (i) at any time after the date on which Excess Availability has been less than the greater of 10% of the Borrowing Base and $60 million for five consecutive business days, field
examinations and inventory appraisals may each be conducted (at the expense of the ABL Borrowers) two times during such calendar year and (ii) at any time during the continuation of an Event of Default, field examinations and inventory
appraisals may be conducted (at the expense of the ABL Borrowers) as frequently as determined by the ABL Administrative Agent in its Permitted Discretion (as defined in the Existing ABL Credit
Agreement).

  
 C-13 

			
	Negative Covenants:	  	Substantially consistent with the Term Loan Facility Documentation but in no event less favorable to the Borrower than those in the Term Loan Facility Documentation; provided that (1) the incurrence of any debt secured
by the Collateral shall require that such liens are subject to satisfactory intercreditor arrangements that will provide that such liens rank junior to the liens on the ABL Priority Collateral in relation to the liens securing the ABL Facility,
(2) the ABL Facility Documentation will not include any unlimited covenant baskets for restricted payments, prepayments of junior debt and investments, in each case based solely on pro forma compliance with a leverage ratio test, and
(3) the ABL Facility Documentation “builder” basket will include the starter basket and no other builders.
		
		  	In addition, the ABL Facility Documentation shall include (i) delivery of an updated borrowing base certificate upon the disposition of ABL Priority Collateral with an aggregate value of greater than an amount to be agreed,
(ii) “Payment Conditions” exceptions consistent with the Existing ABL Credit Agreement which shall permit unlimited investments, acquisitions, restricted payments and payments of restricted junior debt subject to compliance with the
applicable requirements and (iii) other ABL specific provisions consistent with the Existing ABL Credit Agreement:
		
	Payment Conditions:	  	Subject to Measuring Compliance, no event of default and either (A) Excess Availability above the greater of 12.5% of the Borrowing Base and $75.0 million and compliance with a 1.00 to 1.00 Fixed Charge Coverage Ratio or
(B) Excess Availability above the greater of 17.5% of the Borrowing Base and $112.5 million, in each case, on a pro forma basis.
		
	Cash Dominion:	  	The Borrower and the Guarantors shall be required to enter into account control agreements on the Borrower’s and the Guarantors’ concentration accounts and all other accounts (with exceptions for (a) accounts used
exclusively as (i) payroll and fiduciary accounts for the benefit of unaffiliated third parties, (ii) tax accounts, (iii) escrow accounts for the benefit of unaffiliated third parties or (iv) zero balance accounts, (b) any
excluded accounts pursuant to the Existing ABL Credit Agreement and (c) certain other accounts with deposits up to a threshold to be agreed (subject to an aggregate cap)) within 90 days after the Closing Date (or such longer period as the ABL
Administrative Agent may agree). Subject to certain exceptions, cash will be required

  
 C-14 

			
		
		  	to be deposited in an account of the Borrower and the Guarantors subject to a control agreement. During a Liquidity Event Period (as defined below), the Borrower shall be required to maintain with the ABL Administrative Agent or a
bank affiliate of the ABL Administrative Agent a main cash concentration account and with the ABL Administrative Agent or a bank affiliate of the ABL Administrative Agent or other banks acceptable to the ABL Administrative Agent blocked accounts
into which all cash received by a Borrower or a Guarantor are paid. The ABL Administrative Agent shall have the right, during any Liquidity Period, to cause all amounts on deposit in any blocked account to be transferred to the main concentration
account at the end of each business day. During a Liquidity Event Period, the ABL Administrative Agent shall have the right to require that all amounts on deposit in the main concentration account be applied, subject to customary exceptions,
limitations and thresholds to be agreed, on a daily basis by the ABL Administrative Agent to reduce amounts outstanding under the ABL Facility.
		
		  	“Liquidity Event Period” means (a) the period from the date Excess Availability (as defined below) shall have been less than the greater of (i) 10% of the Borrowing Base and (ii) $60.0 million, in
either case for 5 consecutive business days, in each case to the date Excess Availability shall have been at least 10% of the Borrowing Base or $60.0 million, as the case may be, for 20 consecutive calendar days or (b) upon the occurrence
of any payment or bankruptcy event of default or any event of default for failure to deliver a borrowing base certificate. The ABL Administrative Agent shall be obligated to release cash control upon the termination of any Liquidity
Period.
		
		  	“Excess Availability” means, at any time, the amount by which (a)(i) the Loan Cap, plus (ii) to the extent that the Borrowing Base exceeds the aggregate commitments under the ABL Facility at such time,
an amount equal to 100% of such excess (other than in respect of a Last-Out Facility) (provided that (x) if Availability is less than the lesser of (A) 5.0% of the Loan Cap and (B)
$37.5 million, the amount under this clause (ii) shall be deemed to be zero and (y) this clause (ii) shall not be included when calculating Excess Availability for purposes of determining whether additional field exams or
appraisals are required under Affirmative Covenants above.), plus (iii) Eligible Borrowing Base Cash exceeds (b) the aggregate amount of ABL Loans and unreimbursed letter of credit drawings and letters of credit outstanding at such
time.

  
 C-15 

			
		  	“Eligible Borrowing Base Cash” means the amount of unrestricted cash and cash equivalents (other than any Specified Equity Contribution) of the Borrower and the Guarantors at such time (to the extent held in
accounts in the name of, or subject to control of, the ABL Administrative Agent or subject to customary control agreements).
		
	Financial Covenant:	  	The ABL Facility Documentation will contain the following financial covenant with regard to the Borrower and its restricted subsidiaries on a consolidated basis: a minimum Fixed Charge Coverage Ratio (calculated as of the last day
of the most recent fiscal quarter) of 1.00:1.00 when the Excess Availability at any time during such quarter is less than the greater of (i) 10.0% of the Borrowing Base and (ii) $60.0 million.
		
		  	“Fixed Charge Coverage Ratio” shall be defined in a manner consistent with Existing ABL Credit Agreement.
		
		  	For purposes of determining compliance with the financial covenant and the other provisions of the ABL Facility Documentation affected by such compliance, any cash equity contribution (which shall be common equity), made to the
Borrower after the end of the relevant fiscal quarter and on or prior to the day that is ten business days after the day on which compliance certificates are required to be delivered for such fiscal quarter will, at the request of the Borrower, be
included in the calculation of consolidated EBITDA solely for the purposes of determining compliance with the financial covenant at the end of such fiscal quarter and applicable subsequent periods which include such fiscal quarter (any such equity
contribution so included in the calculation of consolidated EBITDA, a “Specified Equity Contribution”); provided that (a) in each four fiscal quarter period, there shall be at least two fiscal quarters in respect
of which no Specified Equity Contribution is made and no more than five Specified Equity Contributions may be made during the term of the ABL Facility, (b) the amount of any Specified Equity Contribution shall be no greater than the amount
required to cause the Borrower to be in pro forma compliance with the financial covenant, (c) all Specified Equity Contributions shall be disregarded for purposes of determining any financial ratio-based conditions, pricing or any
baskets with respect to the covenants contained in the

  
 C-16 

			
		
		  	Facilities Documentation, (d) there shall be no pro forma or other reduction in indebtedness (including by way of netting cash) with the proceeds of any Specified Equity Contribution for determining compliance
with the financial covenant for the fiscal quarter in which such Specified Equity Contribution is made and (e) the Borrower shall not be permitted to borrow or request letters of credit until the Specified Equity Contribution has been received
by the Borrower.
		
	Unrestricted Subsidiaries:	  	Substantially consistent with the Term Loan Facility Documentation.
		
	Events of Default:	  	Substantially consistent with the Term Loan Facility Documentation with ABL specific provisions consistent with the Existing ABL Credit Agreement; provided, that, failure to deliver a Borrowing Base certificate shall be
subject to a 5-day cure period (and two business days for weekly Borrowing Base certificates), after such failure, failure to comply with cash management covenant shall not be subject to a grace period and the
ABL Facility Documentation shall include a cross-default and cross-acceleration to all material indebtedness (including the Term Loan Facility).
		
	Voting:	  	Substantially consistent with the Term Loan Facility Documentation; provided that (i) the consent of the ABL Lenders holding at least 66 2/3% of the aggregate amount of loans and commitments under the ABL Facility will
be required with respect to any change in advance rates, eligibility criteria, eligible asset classes, reserves or sublimits or other changes, in each case, which have the effect of increasing availability under the Borrowing Base (other than
changes in reserves implemented by the ABL Administrative Agent) and (ii) the consent of each affected ABL Lender shall be required with respect to changes in certain pro rata sharing provisions and the application of payment upon the exercise
of remedies.
		
	Cost and Yield Protection:	  	Substantially consistent with the Term Loan Facility Documentation.
		
	Assignments and Participations:	  	Substantially consistent with the Existing ABL Credit Agreement, but with changes to provide that each assignment (other than to another ABL Lender, an affiliate of an ABL Lender or an approved fund) will be in a minimum amount of
$5 million (or lesser amount, if agreed between the Borrower and the ABL Administrative Agent).

  
 C-17 

			
		
	Expenses and Indemnification:	  	Substantially consistent with the Term Loan Facility Documentation.
		
	Governing Law and Forum:	  	New York.
		
	Counsel to the ABL Administrative Agent, Lead Arranger and Joint Bookrunners:	  	Cahill Gordon & Reindel LLP.

  
 C-18 

 ANNEX I to 

EXHIBIT C 
  

							
	Interest Rates:	  	 The interest rates under the ABL Facility will be as follows:

		
		  	 ABL Facility: At the option of the Borrower, initially, Adjusted LIBOR plus 1.50% or ABR plus
0.50%.

		
		  	 Swingline Loans: All Swingline Loans will be ABR loans.

		
		  	 From and after the delivery by the Borrower to the ABL Administrative Agent of the borrowing base
certificate for the first full fiscal month completed after the Closing Date, interest rate margins under the ABL Facility shall be determined by reference to the following grid based on the Borrower’s average Excess Availability during the
immediately preceding month.

				
	 	  	 Average Excess

Availability
	  	 Interest Rate Margin for

Adjusted LIBOR Loans that

are ABL Loans
	  	 Interest Rate

Margin for ABR

Loans that are ABL

Loans or Swingline

Loans

	  	< 50% of ABL Commitments	  	1.50%	  	0.50%
	  	3 50% of the ABL Commitments	  	1.25%	  	0.25%
		
		  	 The Borrower may elect interest periods of 1, 2, 3 or 6 months (or, if agreed to by all relevant Lenders,
12 months or a period of shorter than one month) for Adjusted LIBOR borrowings.

		
		  	 Calculation of interest shall be on the basis of the actual days elapsed in a year of 360 days (or 365 or
366 days, as the case may be, in the case of ABR loans based on the prime rate).

		
		  	 Interest shall be payable in arrears (a) for loans accruing interest at a rate based on Adjusted
LIBOR, at the end of each interest period and, for interest periods of greater than three months, every three months, and on the applicable maturity date and (b) for loans accruing interest based on the

  
 C-I-1 

			
		  	 ABR, quarterly in arrears and on the applicable maturity date.

		
		  	 “ABR” is the Alternate Base Rate, which is the highest of (i) the rate of interest last
quoted by The Wall Street Journal in the U.S. as the “prime rate” in effect (the “Prime Rate”) (ii) the NYFRB Rate from time to time plus 0.5% and (iii) Adjusted LIBOR for a one month interest period plus
1.00%. If the ABR as determined pursuant to the foregoing would be less than 1.00%, such rate shall be deemed to be 1.00%

		
		  	 “Adjusted LIBOR” is with respect to the ABL Facility, the London interbank offered rate
(“LIBOR”) for dollars, adjusted for statutory reserve requirements for eurocurrency liabilities.

		
		  	 “Federal Funds Effective Rate” means, for any day, the rate calculated by the NYFRB based on
such day’s federal funds transactions by depositary institutions, as determined in such manner as the NYFRB shall set forth on its public website from time to time, and published on the next succeeding Business Day by the NYFRB as the federal
funds effective rate, provided that if the Federal Funds Effective Rate shall be less than zero, such rate shall be deemed to zero for the purposes of calculating such rate.

		
		  	 “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in
effect on such day and (b) the Overnight Bank Funding Rate in effect on such day; provided, that if any of the aforesaid rates shall be less than zero, such rate shall be deemed to zero for the purposes of calculating such rate.

		
		  	 “Overnight Bank Funding Rate” means, for any day, the rate comprised of both overnight federal
funds and overnight Eurodollar Borrowings by U.S.-managed banking offices of depository institutions, as such composite rate shall be determined by the NYFRB as set forth on its public website from time to time, and published on the next succeeding
Business Day by the NYFRB as an overnight bank funding rate (from and after such date as the NYFRB shall commence to publish such composite rate).

		
		  	 There shall be a minimum Adjusted LIBOR (i.e., Adjusted LIBOR prior to adding any applicable interest rate
margins thereto) requirement of 0.00% per annum.

  
 C-I-2 

							
		 	 The ABL Facility shall include a customary LIBOR replacement provision in the event LIBOR is
discontinued.
	  

		
	Letter of Credit Fee:	 	 A per annum fee equal to the spread over Adjusted LIBOR under the ABL Facility will accrue on the
aggregate face amount of outstanding letters of credit under the ABL Facility, payable in arrears at the end of each quarter and upon the termination of the respective letter of credit, in each case for the actual number of days elapsed over a 360-day year. Such fees shall be distributed to the ABL Lenders pro rata in accordance with the amount of each such Lender’s ABL Facility commitment, with exceptions for Defaulting Lenders. In addition, the
Borrower shall pay to each ABL Issuing Bank, for its own account, (a) a fronting fee equal to 0.125% upon the aggregate face amount of outstanding letters of credit, payable in arrears at the end of each quarter and upon the termination of the
ABL Facility, calculated based upon the actual number of days elapsed over a 360-day year and (b) customary issuance and administration fees.
	  

		
	Commitment Fees:	 	 The Borrower shall pay a commitment fee of 0.375% per annum initially, and after delivery by the
Borrower to the Administrative Agent of the borrowing base certificate for the first full fiscal month completed after the Closing Date, based on the average daily unused portion of the ABL Facility for the immediately preceding fiscal quarter of
the Borrower pursuant to the following grid:
	  

			
	 	 	 Average Unused Portion of

the ABL Facility
	  	Commitment Fee	 
	 	 Less than 50% of the aggregate commitments under the ABL Facility
	  	 	0.250	% 
	 	 Equal to or greater than 50% of the aggregate commitments under the ABL Facility
	  	 	0.375	% 

  
 C-I-3 

 EXHIBIT D 

Project Aspen 
 Bridge
Facility 
 Summary of Principal Terms and Conditions4 

 

			
	Borrower:	  	The Borrower under the Term Loan Facility.
		
	Transaction:	  	As set forth in Exhibit A to the Commitment Letter.
		
	Bridge Administrative Agent:	  	Bank of America will act as sole administrative agent for a syndicate of banks, financial institutions and other entities reasonably acceptable to the Borrower (excluding Disqualified Lenders and subject to the reasonable approval
of the Borrower) (together with the Initial Lenders, the “Bridge Lenders”), and will perform the duties customarily associated with such role.
		
	Lead Arranger and Bookrunner:	  	MLPFS, JPMorgan and DBSI will act as joint lead arrangers and joint bookrunners for the Bridge Facility and will perform the duties customarily associated with such roles; provided that you agree that JPMorgan may perform its
responsibilities hereunder through its affiliate, J.P. Morgan Securities LLC.
		
	Syndication Agent:	  	A financial institution or institutions to be designated by the Borrower.
		
	Documentation Agent:	  	A financial institution or institutions to be designated by the Borrower.
		
	Initial Bridge Loans:	  	The Bridge Lenders will make Initial Bridge Loans to the Borrower on the Closing Date in an aggregate principal amount, to be determined by the Borrower, of up to $1,000 million, plus, at the Borrower’s option, an
amount sufficient to fund all or a portion of the OID with respect to an issuance of Notes (such increased amount, the “Bridge Loan OID Increase”) minus any gross cash proceeds from any Notes issued by the Borrower on
or prior to the Closing Date, which proceeds, if funded prior to the Closing Date into escrow arrangements, are available to consummate the Transactions on the Closing Date.

  

	4 	 All capitalized terms used but not defined herein shall have the meanings given to them in the Commitment
Letter to which this Term Sheet is attached, including the exhibits thereto. 

  
 D-1 

			
		
	Availability:	  	The Bridge Lenders will make the Initial Bridge Loans on the Closing Date in a single drawing, contemporaneously with the consummation of the Acquisition and the initial funding under the Term Loan Facility.
		
	Conditions to Initial Borrowing:	  	The availability of the initial borrowings under the Bridge Facility on the Closing Date shall be conditioned solely upon (i) the satisfaction of the applicable conditions set forth in Section 6 of the Commitment Letter
and Exhibit E to the Commitment Letter and (ii) delivery of a customary borrowing notice.
		
	Purpose:	  	The proceeds of borrowings of the Initial Bridge Loans will be used by the Borrower on the Closing Date, together with the proceeds of borrowings under the Term Loan Facility, the proceeds of borrowings under the ABL Facility (if
any), the proceeds of the issuance of the Notes (if any), the proceeds from the Preferred Equity and cash on hand, to pay the Acquisition Costs.
		
	Documentation:	  	The definitive documentation for the Bridge Facility (the “Bridge Facility Documentation”) shall, except as expressly set forth in this Term Sheet, be based on and consistent with CommScope Precedent, and
will contain only those conditions to borrowing, mandatory prepayments, representations, warranties, covenants and events of default expressly set forth (or referred to) in this Term Sheet (subject to modification in accordance with the “market
flex” provisions of the Fee Letter), and other terms and provisions to be mutually agreed upon and consistent with CommScope Precedent, the definitive terms of which will be negotiated in good faith giving due regard to CommScope Precedent, and
shall be otherwise consistent with this Term Sheet (the provisions of such facility being referred to collectively as the “Bridge Documentation Principles”).
		
	Ranking:	  	The Initial Bridge Loans will rank pari passu in right of payment with the Term Loan Facility and other senior indebtedness of the Borrower.
		
	Guarantees:	  	The Initial Bridge Loans will be jointly and severally guaranteed by each Guarantor (as defined in Exhibit B to the Commitment Letter), other than any parent Guarantor, on a senior unsecured basis (such guarantees, the
“Bridge Guarantees”). The Bridge Guarantees will automatically be released upon the release of the corresponding guarantees of

  
 D-2 

			
		  	the Term Loan Facility (except in the case of repayment in full or termination of the Term Loan Facility) and “Certain Capital Markets Debt” (as defined in the CommScope Indenture) or the occurrence of any other applicable
event set forth in the CommScope Precedent. The Bridge Guarantees will rank pari passu in right of payment with guarantees of the Term Loan Facility.
		
	Security:	  	The Initial Bridge Loans will not be secured.
		
	Maturity:	  	All Initial Bridge Loans will have an initial maturity date that is the first anniversary of the Closing Date (the “Initial Bridge Loan Maturity Date”), which shall be extended as provided below. If any of
the Initial Bridge Loans have not been previously repaid in full on or prior to the Initial Bridge Loan Maturity Date, such Initial Bridge Loans shall automatically be extended into senior unsecured term loans (the “Extended Term
Loans”) due on the date that is eight years after the Closing Date (the “Extended Maturity Date”), having the terms set forth on Annex C-I hereto. The date on which
Initial Bridge Loans are extended as Extended Term Loans is referred to as the “Extension Date.” At any time or from time to time on or after the Extension Date, at the option of the Bridge Lenders and upon reasonable notice
to the Borrower, the Extended Term Loans may be exchanged in whole or in part for senior unsecured exchange notes (the “Exchange Notes”) having a principal amount equal to the exchanged Extended Term Loans and having the
terms set forth in Annex C-II hereto.
		
		  	The Initial Bridge Loans, the Extended Term Loans and the Exchange Notes shall be pari passu for all purposes.
		
	Interest Rates:	  	Prior to the Initial Bridge Loan Maturity Date, the Initial Bridge Loans will accrue interest at a rate per annum equal to Adjusted LIBOR (as defined below) plus 475 basis points (the “Initial
Margin”). The Initial Margin will increase by an additional 50 basis points on the date that is three months after the Closing Date and an additional 50 basis points at the end of each additional three-month period thereafter;
provided that at no time shall the interest rate in effect on the Initial Bridge Loans exceed the Total Cap (as defined in the Fee Letter), excluding interest at the default rate as described below.
		
		  	Calculation of interest shall be on the basis of actual days elapsed in a year of 360 days.

  
 D-3 

			
		  	“Adjusted LIBOR” on any date, means the greater of (i) 0.00% per annum and (ii) the rate per annum (adjusted for statutory reserve requirements for Eurocurrency liabilities) for Eurodollar deposits for
an interest period of one, two or three months, as selected by the Borrower, appearing on the LIBOR01 Page, in the case of Initial Bridge Loans, published by Reuters two business days prior to such date, as set at the beginning of each applicable
interest period.
		
		  	The Bridge Facility shall include a customary LIBOR replacement provision in the event LIBOR is discontinued.
		
	Interest Payments:	  	Interest will be payable (or shall accrue) in arrears on the last day of each relevant interest period and, in the case of any interest period longer than three months, on each successive date that is three months after the first
day of such interest period and on the Initial Bridge Loan Maturity Date.
		
	Default Rate:	  	With respect to overdue principal, interest and other overdue amounts, the applicable interest rate plus 2.00% per annum.
		
	Mandatory Prepayments:	  	Consistent with the Bridge Documentation Principles and subject to the mandatory prepayment provisions of the Term Loan Facility, the Borrower will be required to prepay the Initial Bridge Loans on a pro rata basis (or in the
case of clause (i) below on the basis described in such clause) at 100% of the outstanding principal amount thereof plus accrued and unpaid interest with (i) the net cash proceeds from the issuance of Securities (as defined in the Fee
Letter) pursuant to a Securities Demand (as defined in the Fee Letter); provided that in the event any Bridge Lender or affiliate of a Bridge Lender purchases debt securities from the Borrower pursuant to a Securities Demand at an issue price
above the level at which such Bridge Lender or affiliate has determined such debt securities can be resold by such Bridge Lender or affiliate to a bona fide third party at the time of such purchase (and notifies the Borrower thereof), the net
cash proceeds received by the Borrower in respect of such debt securities may, at the option of such Bridge Lender or affiliate, be applied first to repay the Initial Bridge Loans of such Bridge Lender or affiliate under the Bridge Facility
(provided that if there is more than one such Bridge Lender or affiliate then such net cash proceeds will be applied pro rata to repay Initial Bridge Loans of all such Bridge Lenders or affiliates in proportion to such Bridge
Lenders’ or affiliates’ principal amount of debt securities purchased from the Borrower) prior to being applied to prepay the

  
 D-4 

			
		  	Initial Bridge Loans held by other Bridge Lenders; (ii) the net cash proceeds from the issuance of equity-linked securities or equity interests by, or equity contributions to, the Parent (other than the Preferred Equity, equity
contributed pursuant to employee stock plans and other exceptions to be agreed); and (iii) the net cash proceeds from any non-ordinary course asset sales or dispositions by the Borrower or any restricted
subsidiary in excess of an amount to be agreed, and subject to the right of the Borrower to reinvest 100% of such proceeds, if such proceeds are reinvested (or committed to be reinvested) within 18 months and, if so committed to be reinvested, so
long as such reinvestment is actually completed within the later of 180 days after such commitment or 18 months after the receipt of such proceeds, and other exceptions to be set forth in the Bridge Facility Documentation, and, in the case of any
such prepayments pursuant to the foregoing clauses (ii) and (iii) above, with exceptions and baskets consistent with the Bridge Documentation Principles, including, but not limited to, exceptions and baskets no more restrictive than those
applicable to the Term Loan Facility.
		
		  	Prepayments from non-United States subsidiaries’ asset sale proceeds will be limited under the Bridge Facility Documentation to the extent distributions of such asset sale proceeds would
result in adverse tax consequences or would be prohibited or restricted by applicable law, rule or regulation, consistent with the Term Loan Facility Documentation.
		
		  	The Borrower will also be required to offer to prepay the Initial Bridge Loans following the occurrence of a change of control (with “change of control” defined in a manner consistent with CommScope Precedent) at 100%
of the outstanding principal amount thereof, plus accrued and unpaid interest to the date of repayment.
		
	Optional Prepayment:	  	The Initial Bridge Loans may be prepaid, in whole or in part, at par plus accrued and unpaid interest to the date of prepayment but without premium or penalty (but with breakage costs related to prepayments not made on the
last day of the relevant interest period), upon not less than one business day’s prior written notice, at the option of the Borrower at any time.

  
 D-5 

			
		
	Representations and Warranties:	  	The Bridge Facility Documentation will contain representations and warranties as are substantially similar to those in the Term Loan Facility Documentation with modifications necessary to reflect differences in documentation and
consistent with the Bridge Documentation Principles, but in any event as are no less favorable to the Borrower than those in the Term Loan Facility Documentation, including as to exceptions and qualifications.
		
	Covenants:	  	The Bridge Facility Documentation will contain such affirmative and “high-yield” style, incurrence-based negative covenants with respect to the Borrower and its restricted subsidiaries as are consistent with CommScope
Precedent and the Bridge Documentation Principles, the definitive terms of which will be negotiated in good faith, and will, in no event, except as set forth herein, be more restrictive than the corresponding covenants in the Term Loan Facility (as
modified to take into account the unsecured nature of the Bridge Facility) (and including grace periods for annual and quarterly financial statements); provided that the covenants governing debt incurrence and restricted payments may be more
restrictive than those of the Extended Term Loans and the Exchange Notes prior to the Extension Date. Notwithstanding the proviso in the immediately preceding sentence, (i) the covenant governing debt incurrence will provide that the Borrower
will have the ability to incur debt pursuant to the credit facilities basket as set forth under “Incremental Term Loan Facility” in the Term Loan Facility Term Sheet or as otherwise permitted under the Term Loan Facility Documentation and
(ii) provisions related to Retained Asset Sale Proceeds shall be consistent with, and no less favorable to the Borrower than those set forth in, the Term Loan Facility Documentation.
		
		  	The affirmative covenants under the Bridge Facility Documentation will not include a “go-to-market” undertaking (however, for the avoidance of
doubt, neither the affirmative covenants under the Bridge Facility Documentation nor any other provisions thereof will impair the rights of the parties under the “Engagement and Securities Demand” provisions of the Fee Letter).
		
	Financial Maintenance Covenants:	  	None.
		
	Events of Default:	  	The Bridge Facility Documentation will contain such events of default (including grace periods and threshold amounts) consistent with CommScope Precedent and the Bridge Documentation Principles.

  
 D-6 

			
		
	Cost and Yield Protection:	  	The Bridge Facility Documentation will include customary tax gross-up, cost and yield protection provisions consistent with CommScope Precedent (including with respect to the Dodd-Frank Wall
Street Reform and Consumer Protection Act and Basel III). For the avoidance of doubt, there will be no gross-up or indemnification for any taxes imposed under FATCA.
		
	Assignments and Participation:	  	Subject to the prior approval of the Bridge Administrative Agent, the Bridge Lenders will have the right (except to Disqualified Lenders (provided that the list of Disqualified Lenders shall be made available to any Lender
upon written request and by such Lender to any potential assignee on a confidential basis; provided further that the foregoing shall not apply retroactively to disqualify any assignment to the extent such assignment was acquired by a party
that was not a Disqualified Lender at the time of such assignment) or natural persons) to assign all or, subject to minimum amounts to be agreed, a portion of their Initial Bridge Loans after the Closing Date in consultation with, but without the
consent of, the Borrower; provided, however, that prior to the Initial Bridge Loan Maturity Date, unless a Demand Failure Event (as defined in the Fee Letter) or a payment or bankruptcy event of default has occurred and is at such time
continuing, the consent of the Borrower (not to be unreasonably withheld or delayed) shall be required with respect to any assignment if, subsequent thereto, the Initial Lenders would hold, in the aggregate, less than 51% of the outstanding Initial
Bridge Loans.
		
		  	The Bridge Lenders will have the right to participate their Initial Bridge Loans to other financial institutions (except to Disqualified Lenders (provided that the list of Disqualified Lenders shall be made available to any
Lender upon written request and by such Lender to any potential participant on a confidential basis; provided further that the foregoing shall not apply retroactively to disqualify any participation to the extent such participation was
acquired by a party that was not a Disqualified Lender at the time of such assignment) or natural persons); provided that no purchaser of participations shall have the right to exercise or to cause the selling Bridge Lender to exercise voting
rights in respect of the Bridge Facility (except as to certain customary issues). Participants will have the same benefits as the selling Bridge Lenders would have with regard to yield protection and increased costs, subject to customary limitations
and restrictions.

  
 D-7 

			
		
		  	The Bridge Administrative Agent shall not be responsible or have any liability for, or have any duty to ascertain, inquire into, monitor or enforce, compliance with the provisions relating to Disqualified Lenders. Without limiting
the generality of the foregoing, the Bridge Administrative Agent shall not (x) be obligated to ascertain, monitor or inquire as to whether any Lender or participant or prospective Lender or participant is a Disqualified Lender or (y) have
any liability with respect to or arising out of any assignment or participation of loans, or disclosure of confidential information, to, or the restrictions on any exercise or rights or remedies of, any Disqualified Lender.
		
	Voting:	  	Amendments and waivers of the Bridge Facility Documentation will require the approval of Bridge Lenders holding more than 50% of the outstanding Initial Bridge Loans, except that (a) the consent of each directly and adversely
affected Bridge Lender will be required for (i) reductions of principal, interest rates or the applicable margin (provided that waiver of a non-payment default or change to financial ratios shall
not constitute a reduction of interest for this purpose) or fees or extensions of the dates for scheduled payment of principal or interest (but not by virtue of a waiver or amendment to the terms of any mandatory prepayment or any obligation to pay
the default rate, any waiver or any change to a financial ratio), (ii) extensions of the Initial Bridge Loan Maturity Date (except as provided under “Maturity” above) or the Extended Maturity Date and (iii) subject to certain
exceptions consistent with CommScope Precedent and the Bridge Documentation Principles, releases of all or substantially all of the Guarantors (other than in connection with any release or sale of the relevant Guarantor permitted by the Term Loan
Facility Documentation or the Bridge Facility Documentation) and (b) the consent of Bridge Lenders holding 100% of the outstanding Initial Bridge Loans will be required with respect to modifications to any of the voting percentages.
		
	Expenses and Indemnification:	  	The Borrower shall pay, if the Closing Date occurs, all reasonable and documented out-of-pocket costs and expenses of the Bridge Administrative Agent
and the Commitment Parties (without duplication) in connection with the syndication of the Initial Bridge Loans and the preparation, execution, delivery, administration, amendment, waiver or modification and enforcement of the Bridge Facility
Documentation (including the reasonable

  
 D-8 

			
		 	fees, disbursements and other charges of counsel identified herein (and, if reasonably necessary, any special or local counsel in jurisdictions material to the interests of the Bridge Lenders and, in the case of any actual or
perceived conflict of interest, one additional counsel) or otherwise retained with the Borrower’s consent (such consent not to be unreasonably withheld or delayed)).
		
		 	The Borrower and the Guarantors, jointly and severally, will indemnify the Bridge Administrative Agent, the Commitment Parties and the Bridge Lenders and their affiliates, and the officers, directors, employees, advisors, agents,
controlling persons and other representatives of the foregoing and their successors and permitted assigns, and hold them harmless from and against all losses, claims, damages, liabilities and reasonable and documented or invoiced out-of-pocket costs and expenses (including reasonable fees, disbursements and other charges of one firm of counsel for all indemnified persons and, if reasonably necessary,
one firm of local counsel in jurisdictions material to the interests of the Bridge Lenders (and, in the case of an actual or perceived conflict of interest, where the indemnified person affected by such conflict informs the Borrower of such
conflict, of one additional firm of counsel (and local counsel in each relevant jurisdiction) to each group of similarly affected indemnified persons)) arising out of or relating to any claim or any litigation or other proceeding (regardless of
whether such indemnified person is a party thereto and whether or not such proceedings are brought by the Borrower, its equity holders, its affiliates, creditors or any other third person), that relates to the Transactions, including the financing
contemplated hereby, the Acquisition or any transactions connected therewith; provided that no indemnified person (and none of its affiliates and its and their respective officers, directors, employees, advisors, agents, controlling persons
and other representatives) will be indemnified for any loss, claim, damage, cost, expense or liability to the extent determined by a court of competent jurisdiction in a final and non-appealable decision to
have resulted from (i) the gross negligence, bad faith or willful misconduct of such person or any of its controlled affiliates or any of its or their respective officers, directors, employees, advisors, agents or other representatives of any
of the foregoing, (ii) any material breach of the Bridge Facility Documentation by such person or any of its controlled affiliates, (iii) any dispute between or among indemnified persons (other than disputes involving

  
 D-9 

			
		  	claims against the Bridge Administrative Agent or any other agent or arranger in their respective capacities as such) and not involving any act or omission by the Borrower or its affiliates and (iv) settlements effected without
the Borrower’s prior written consent (such consent not to be unreasonably withheld, delayed or conditioned).
		
	Governing Law and Forum:	  	State of New York.
		
	Counsel to the Bridge Administrative Agent, Lead Arranger and Joint Bookrunner:	  	Cahill Gordon & Reindel LLP.

  
 D-10 

 ANNEX D-I 

Extended Term Loans 
  

			
		
	Maturity:	  	The Extended Term Loans will mature on the Extended Maturity Date.
		
	Interest Rate:	  	The Extended Term Loans will bear interest at an interest rate per annum equal to the Total Cap (excluding interest at the default rate as described below).
		
	Interest Payment:	  	Interest shall be payable in arrears semi-annually commencing on the date that is six months following the Initial Bridge Loan Maturity Date and ending on the Extended Maturity Date, computed on the basis of a 360-day year.
		
	Default Rate:	  	With respect to overdue principal and interest, the applicable interest rate plus 2.00% per annum.
		
	Ranking:	  	Same as the Initial Bridge Loans.
		
	Guarantees:	  	Same as the Initial Bridge Loans.
		
	Security:	  	Same as the Initial Bridge Loans.
		
	Covenants, Defaults, Offers to Repurchase and Voting:	  	Upon and after the Extension Date, the covenants, offers to repurchase (other than with respect to a change of control, with “change of control” defined in a manner consistent with CommScope Precedent and which shall be at
100% of the aggregate principal amount), defaults and voting provisions that would be applicable to the Exchange Notes, if issued, will also be applicable to the Extended Term Loans in lieu of the corresponding provisions of the Bridge Facility
Documentation. For the avoidance of doubt, provisions related to Retained Asset Sale Proceeds shall be consistent with, and no less favorable to the Borrower than those set forth in, the Term Loan Facility Documentation.
		
	Optional Prepayment:	  	The Extended Term Loans may be prepaid, in whole or in part, at par without premium or penalty, plus accrued and unpaid interest, upon not less than one business day’s prior written notice, at the option of the Borrower
at any time.

  
 D-I-1 

			
	Conditions to Conversion to Extended Term Loans:	  	None.
		
	Governing Law and Forum:	  	State of New York.

  
 D-I-2 

 ANNEX D-II 

Exchange Notes 
  

			
	Issuer:	  	The Borrower, in its capacity as the issuer of the Exchange Notes, is referred to as the “Issuer.”
		
	Issue:	  	The Exchange Notes will be issued under an indenture in a form and on terms (other than as set forth herein) consistent with CommScope Precedent.
		
	Principal Amount:	  	The Exchange Notes will be available only in exchange for the Extended Term Loans on or after the Extension Date. The principal amount of any Exchange Note will equal 100% of the aggregate principal amount of the Extended Term Loan
for which it is exchanged. The Borrower may defer the first issuance of Exchange Notes until such time as the Borrower shall have received requests to issue an aggregate of at least $250 million in aggregate principal amount of Exchange Notes
and shall not be required to issue Exchange Notes more than a number of times to be agreed in any calendar month.
		
	Maturity:	  	The Exchange Notes will mature on the date that is eight years after the Closing Date.
		
	Interest Rate:	  	The Exchange Notes will bear interest payable semi-annually, in arrears, at a rate equal to the Total Cap.
		
	Default Rate:	  	With respect to overdue principal and interest, the applicable interest rate plus 2.00% per annum.
		
	Ranking:	  	Same as the Initial Bridge Loans and Extended Term Loans.
		
	Guarantees:	  	Same as the Initial Bridge Loans and Extended Term Loans.
		
	Security:	  	Same as Initial Bridge Loans and Extended Term Loans.
		
	Offer to Purchase from Asset Sale Proceeds:	  	The Issuer will be required to make an offer to repurchase the Exchange Notes (and, if outstanding, prepay the Extended Term Loans) on a pro rata basis, which offer shall be at 100% of the principal amount thereof,
plus accrued and unpaid interest to the date of repurchase, with the net cash proceeds from any non-ordinary course asset sales or dispositions by the Issuer or any restricted subsidiary that is in
excess of amounts either reinvested in the business of the

  
 D-II-1 

			
		  	Issuer or its restricted subsidiaries or paid to Term Lenders or the holders of certain other indebtedness, with such proceeds being applied to the Extended Term Loans, the Exchange Notes and the Notes in a manner to be agreed,
subject to other exceptions and baskets consistent with CommScope Precedent and in any event not less favorable to the Issuer than those applicable to the Bridge Facility (including the right to reinvest proceeds (or commit to reinvest proceeds)
within 18 months and, if so committed to be reinvested, so long as such reinvestment is actually completed within the later of 180 days after such commitment or 18 months after the receipt of such proceeds) and the Term Loan Facility.
		
	Offer to Purchase upon Change of Control:	  	The Issuer will be required to make an offer to repurchase the Exchange Notes following the occurrence of a change of control (with “change of control” defined in a manner consistent with CommScope Precedent) at a price in
cash equal to 101% of the outstanding principal amount thereof, plus accrued and unpaid interest to the date of repurchase, unless the Issuer shall redeem such Exchange Notes pursuant to the “Optional Redemption” section
below.
		
	Optional Redemption:	  	In the case of Exchange Notes held by an Initial Lender under the Bridge Facility or any affiliate of any Initial Lender (other than an Asset Management Affiliate (as defined below) and Exchange Notes acquired pursuant to bona
fide open-market purchases from third parties or market-making activities as reasonably documented and identified as such by such Initial Lender), the Issuer may redeem such Exchange Notes in whole or in part at par plus accrued and unpaid
interest at any time after the issuance thereof. The redemption provisions of the Exchange Notes will provide for non-ratable voluntary redemptions of Exchange Notes held by the Initial Lenders and their
affiliates (other than Asset Management Affiliates and Exchange Notes acquired pursuant to bona fide open-market purchases from third parties or market making activities as reasonably documented and identified by such Initial Lender) at such
prices for so long as such Exchange Notes are held by them.
		
		  	Except as set forth below, Exchange Notes held by any party that is not an Initial Lender under the Bridge Facility and is not affiliated with any such Initial Lender (but including Exchange Notes held by bona fide investment
funds and

  
 D-II-2 

			
		  	entities that manage assets on behalf of unaffiliated third-parties (“Asset Management Affiliates”) and Exchange Notes acquired by any Initial Lender or any affiliate thereof pursuant to bona fide
open-market purchases from third parties or market-making activities as reasonably documented and identified as such by such Initial Lender) will be non-callable until the third anniversary of the Closing
Date. Thereafter, each such Exchange Note will be callable at par plus accrued and unpaid interest plus a premium equal to half of the coupon on such Exchange Note, which premium shall decline ratably on each subsequent anniversary of
the Closing Date thereafter to zero at three years prior to maturity.
		
		  	Prior to the third anniversary of the Closing Date, the Issuer may redeem such Exchange Notes at a make-whole price based on U.S. Treasury notes with a maturity closest to the third anniversary of the Closing Date plus 50
basis points.
		
		  	Prior to the third anniversary of the Closing Date, the Issuer may redeem up to 40% of such Exchange Notes with proceeds from an equity offering at a price equal to par plus the coupon on such Exchange Notes; provided
that at least the lesser of (i) 50% of the aggregate principal amount of the Exchange Notes then outstanding and (ii) $200 million aggregate principal amount of Exchange Notes remains outstanding after each such redemption (unless all such
remaining Exchange Notes are redeemed substantially concurrently).
		
		  	In connection with any offer to purchase all or any Exchange Notes (including a change of control offer and any tender offer), if not less than 90% of holders validly tender their Exchange Notes, the Issuer shall be entitled to
redeem any remaining Exchange Notes at the price offered to each holder (the “90% Tender Condition”).
		
		  	The optional redemption provisions will be otherwise customary for high yield debt securities and consistent with CommScope Precedent.
		
	Defeasance and Discharge Provisions:	  	Customary for high yield debt securities and consistent with CommScope Precedent.
		
	Modification:	  	Customary for high yield debt securities and consistent with CommScope Precedent.

  
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	Registration Rights:	  	None (144A-for-life).
		
	Right to Transfer Exchange Notes:	  	The holders of the Exchange Notes shall have the absolute and unconditional right to transfer such Exchange Notes in compliance with applicable law and customary transfer restrictions for 144A debt securities to any third
parties.
		
	Covenants:	  	Customary for high yield debt securities and consistent with CommScope Precedent (including in respect of baskets and carveouts to such covenants); provided that, subject to the “market flex” provisions of the Fee
Letter relating to the Exchange Notes, such covenants shall be no more restrictive than the corresponding covenants in the Bridge Facility. For the avoidance of doubt, (i) the covenant governing debt incurrence will provide that the Borrower
will have the ability to incur debt pursuant to the credit facilities basket as set forth under “Incremental Term Loan Facility” in the Term Loan Facility Term Sheet or as otherwise permitted under the Term Loan Facility Documentation,
(ii) there shall be no financial maintenance covenants and (iii) provisions related to Retained Asset Sale Proceeds shall be consistent with, and no less favorable to the Borrower than those set forth in, the Term Loan Facility
Documentation.
		
	Events of Default:	  	Customary for high yield debt securities and consistent with CommScope Precedent.
		
	Governing Law and Forum:	  	State of New York.

  
 D-II-4 

 EXHIBIT E 

Project Aspen 
 Summary
of Additional Conditions 
 Capitalized terms used but not defined in this Exhibit E shall have the meanings set forth in the
Commitment Letter. In the case of any such capitalized term that is subject to multiple and differing definitions, the appropriate meaning thereof in this Exhibit E shall be determined by reference to the context in which it is used. 

Subject in all respects to the Conditionality Provision, the initial borrowings under the Credit Facilities shall be subject to the following
conditions: 
 1. Since the date of the Acquisition Agreement to the Effective Time (as defined in the Acquisition Agreement), there shall
not have occurred any Effect (as defined in the Acquisition Agreement) that has had or is reasonably likely to have, individually or in the aggregate, a Company Material Adverse Effect. 

2. The Acquisition shall have been consummated or, substantially concurrently with the initial borrowing under the Credit Facilities, shall be
consummated, in all material respects in accordance with the terms of the Acquisition Agreement (whether, for the avoidance of doubt, by means of a “Scheme” or a “Takeover Offer” (in either case, as defined in the Acquisition
Agreement in effect on the date hereof), and provided that for purposes of the foregoing, an Acquisition effected by means of a Takeover Offer shall be deemed to occur upon the Takeover Offer having been declared or become unconditional in all
respects with respect to at least 90% of the Target’s equity interests) without giving effect to any modifications, amendments, consents or waivers thereto that, taken together, are material and adverse to the Lenders or the Joint Bookrunners
without the prior consent of the Joint Bookrunners (which consent shall not be unreasonably withheld, delayed or conditioned), it being understood that any change to the definition of Company Material Adverse Effect contained in the Acquisition
Agreement shall be deemed to be material and adverse to the Joint Bookrunners and that any amendment to the Acquisition Agreement to provide for a Takeover Offer shall not be deemed to be material and adverse to the Joint Bookrunners. The Joint
Bookrunners hereby acknowledge that they are satisfied with the executed Acquisition Agreement, dated as of the date hereof, and the disclosure schedules and exhibits thereto. For purposes of the foregoing condition, it is hereby understood and
agreed that any change in the purchase price (or amendment to the Acquisition Agreement related thereto) in connection with the Acquisition shall not be deemed to be material and adverse to the interests of the Lenders and the Joint Bookrunners;
provided that (A) any reduction of the purchase price shall be allocated to a reduction in any amounts to be funded under the Bridge Facility and (B) an increase in purchase price shall not be deemed to be materially adverse to the
Initial Lenders if such increase is not funded with indebtedness for borrowed money or disqualified stock of CommScope or any of its subsidiaries (other than any Upsized Facilities (as defined in the Fee Letter)); provided, that in each case,
the Joint Bookrunners shall be deemed to have consented to such modification, amendment, consent or waiver unless they shall object thereto in writing within three business days of receipt of written notice of such modification, amendment, consent
or waiver. Subject to the Conditionality Provision, the Specified Acquisition Agreement Representations and the Specified Representations shall be true and correct in all material respects. 

  
 E-1 

 3. The Refinancing shall have been consummated substantially concurrently with the initial
funding of the applicable Credit Facilities. 
 4. The Joint Bookrunners shall have received (a) audited consolidated balance sheets and
the related consolidated statements of operations and comprehensive income (loss), stockholders’ equity and cash flows of Parent as of the end of and for the fiscal years ended December 31, 2015, December 31, 2016 and
December 31, 2017 and for any other fiscal year ended at least 90 days prior to the Closing Date, (b) audited consolidated balance sheets and the related consolidated statements of income (loss), comprehensive income (loss),
stockholders’ equity and cash flows of the Target as of and for the fiscal years ended December 31, 2015, December 31, 2016 and December 31, 2017 and for any other fiscal year ended at least 90 days prior to the Closing Date,
(c) unaudited consolidated balance sheets and the related consolidated statements of operations and comprehensive income (loss) and cash flows of Parent as of the end of and for any fiscal quarter ended at least 45 days prior to the Closing
Date (other than the fourth quarter, in which case 90 days prior to the Closing Date) and (d) unaudited consolidated balance sheets and the related consolidated statements of operations, comprehensive income (loss) and cash flows of the Target
as of the end of and for any fiscal quarter ended at least 45 days prior to the Closing Date (other than the fourth quarter, in which case 90 days prior to the Closing Date) (collectively, the “Financial Statements”). The
Joint Bookrunners hereby acknowledge receipt of the financial statements in the foregoing clause (a) as of and for the fiscal years ended December 31, 2015, December 31, 2016 and December 31, 2017, in the foregoing clause
(b) as of and for the fiscal years ended December 31, 2015, December 31, 2016 and December 31, 2017, in the foregoing clause (c) as of and for the fiscal quarters ended March 31, 2018, June 30, 2018 and
September 30, 2018 and in the foregoing clause (d) as of and for the fiscal quarters ended March 31, 2018, June 30, 2018 and September 30, 2018. 

5. The Joint Bookrunners shall have received a pro forma combined balance sheet and related pro forma combined statement of
income of Parent and its consolidated subsidiaries as of and for the 12-month period ending on the last day of the most recently completed four-fiscal quarter period for which historical financial statements
of Parent and the Target are provided pursuant to paragraph 4 above, prepared so as to give effect to the Transactions as if the Transactions had occurred as of such date (in the case of such balance sheet) or at the beginning of such period (in the
case of such other financial statements) which need not be prepared in compliance with Regulation S-X of the Securities Act of 1933, as amended, or include adjustments for purchase accounting (the
“Pro Forma Financial Statements”). 
 6. The Preferred Equity offering shall have been consummated substantially
concurrently with the initial funding of the applicable Credit Facilities. 
 7. Subject in all respects to the Conditionality Provision,
with respect to the Term Loan Facility and the ABL Facility only, all documents and instruments required to create and perfect the Term Administrative Agent’s and the ABL Administrative Agent’s respective security interests in the
Collateral shall have been executed by Parent, CommScope the Borrower and the Guarantors, in accordance with the respective requirements set forth in Exhibit B and Exhibit C in the respective sections entitled “Security”, and
delivered to the Term Administrative Agent and the ABL Administrative Agent, respectively, and, if applicable, shall be in proper form for filing. 

  
 E-2 

 8. The Initial Lenders shall have received at least three business days prior to the Closing
Date all documentation and other information about Parent, CommScope and the Borrower as has been reasonably requested in writing at least ten business days prior to the Closing Date by such Initial Lenders that they reasonably determine is required
by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including without limitation the PATRIOT Act. 

9. All fees required to be paid on the Closing Date pursuant to the Term Sheets and Fee Letter and reasonable, documented out-of-pocket expenses required to be paid on the Closing Date pursuant to the Commitment Letter, to the extent invoiced at least five business days prior to the Closing Date
(or such later date as the Borrower may reasonably agree) shall, upon the initial borrowing under the applicable Credit Facilities have been paid (which amounts may be offset against the proceeds of the applicable Credit Facilities). 

10. Solely with respect to the Bridge Facility, the Borrower shall have used commercially reasonable efforts to (a) prepare a customary
preliminary offering memorandum (the “Offering Document”) for the Notes suitable for use in a customary (for high yield debt securities consistent with CommScope Precedent and the Term Sheets, including the definitions
included therein, as applicable) “high yield road show” relating to the Notes and in customary form for offering memoranda or private placement memoranda used in Rule
144A-for-life offerings of non-convertible debt securities and containing all information (other than a “description of
notes” and other information customarily provided by the Investment Bank (as defined in the Fee Letter) or its counsel), including the Financial Statements and the Pro Forma Financial Statements and other financial data (other than financial
statements and information required by Rule 3-03(e), 3-05 (other than the Financial Statements of the Target and other than to the extent required to ensure that the
Offering Document would not contain any untrue statement of a material fact or omit a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading),
3-09, 3-10 or 3-16 of Regulation S-X, the compensation discussion and analysis or other
information required by Item 402 of Regulation S-K or the executive compensation and related person disclosure rules related to SEC Release Nos. 33-8732A, 34-54302A and IC-27444A, financial statements or other financial data (including selected financial data) for any period earlier than the year ended December 31, 2015 and
other information or financial data customarily excluded from a Rule 144A offering memorandum, and you shall have no obligation to provide (i) any financial information (other than the Financial Statements and Pro Forma Financial Statements)
concerning you or the Target that you or the Target, as applicable, do not maintain in the ordinary course of business, (ii) any other information not reasonably available to you or the Target under your or its respective current reporting
systems or (iii) information to the extent that the provision thereof would violate any law, rule or regulation, or any obligation of confidentiality binding upon, or waive any privilege that may be asserted by, you, the Target or any of your
respective affiliates unless any such information referred to in clause (i), (ii) or (iii) above would be required to ensure that the Offering Document would not contain any untrue statement of a material fact or omit a material fact required
to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading), in each case, of the type and form that are customarily 

  
 E-3 

 
included in preliminary offering memoranda pursuant to Rule 144A promulgated under the Securities Act, and that would be necessary for the Investment Bank to receive “comfort” customary
for senior high yield debt securities (including customary “negative assurance” comfort) from independent accountants of Parent and the Target in connection with the offering of the Notes and (b) afford the Investment Bank a period of
at least 15 consecutive calendar days (or such shorter period as may be reasonably agreed by the Investment Bank) commencing on the date of delivery of the Offering Document or, if such Offering Document is delivered after 5:00 p.m. New York City
time, commencing on the next calendar day (it being understood that the Offering Document may, at the election of the Borrower, be updated during such period with more recent information regarding Parent or the Target, including financial
statements, related financial data and information related to the financial position, results of operations, cash flows and prospects of Parent or the Target, and in such event the
15-consecutive-calendar-day period shall not be deemed to have been tolled, recommenced or otherwise deemed not to be consecutive) to place the Notes with qualified
purchasers thereof (the “Notes Marketing Period”); provided, however, that the Notes Marketing Period shall be deemed to have concluded if the offering of the Notes is consummated on any date during such 15-consecutive-calendar-day period (including by issuance into escrow); provided, further that (w) such 15-consecutive-calendar-day period shall not include November 21, 2018, November 22, 2018 or November 23, 2018 (which dates shall be excluded for purposes of calculating the consecutive nature
and the number of days in such 15-consecutive-calendar-day period), (x) if such
15-consecutive-calendar-day period has not ended on or prior to December 19, 2018, then it will be deemed to not commence earlier than January 2, 2019, (y) if
the Marketing Period has not ended on or before February 12, 2019, then it will be deemed not to commence earlier than the date on which the audited financial statements for the year ended December 31, 2018 for both Parent and Target have
been filed with the SEC and (z) if such 15 consecutive calendar day period has not ended on or prior to August 16, 2019 then it will be deemed to not commence earlier than September 3, 2019. It is hereby agreed that the Borrower may
notify the Lead Arrangers in writing that the Borrower reasonably believes that it has delivered the information required above for the commencement of the Notes Marketing Period and that such Notes Marketing Period has therefore commenced, and any
such delivery of written notice shall be deemed to be conclusive evidence of the commencement of the Notes Marketing Period unless the Lead Arrangers reasonably object in writing (stating with specificity which information you have not delivered)
within three business days of receipt of such notice. 

  
 E-4 

 ANNEX I to 

EXHIBIT E 
 SOLVENCY CERTIFICATE

 To the Administrative Agent and each of the Lenders party to the Credit Agreement referred to below: 

I, the undersigned [chief financial officer][vice president of finance][other senior officer with similar title] of
            , a                      (the “Borrower”), in that
capacity only and not in my individual capacity (and without personal liability), do hereby certify as of the date hereof, and based upon facts and circumstances as they exist as of the date hereof (and disclaiming any responsibility for changes in
such facts and circumstances after the date hereof), that: 
 1. This certificate is furnished to the Administrative Agent and the Lenders
pursuant to Section __ of the Credit Agreement, dated as of                     , among
                     (the “Credit Agreement”). Unless otherwise defined herein, capitalized terms used in this certificate
shall have the meanings set forth in the Credit Agreement. 
 2. For purposes of this certificate, the terms below shall have the following
definitions: 
 (a) “Fair Value” 

The amount at which the assets (both tangible and intangible), in their entirety, of the Borrower and its subsidiaries taken as a whole would
change hands between a willing buyer and a willing seller, within a commercially reasonable period of time, each having reasonable knowledge of the relevant facts, with neither being under any compulsion to act. 

(b) “Present Fair Salable Value” 

The amount that could be obtained by an independent willing seller from an independent willing buyer if the assets of the Borrower and its
subsidiaries taken as a whole are sold with reasonable promptness in an arm’s-length transaction under present conditions for the sale of comparable business enterprises insofar as such conditions can be
reasonably evaluated. 
 (c) “Liabilities” 

The recorded liabilities (including contingent liabilities that would be recorded in accordance with GAAP) of the Borrower and its
subsidiaries taken as a whole, as of the date hereof after giving effect to the consummation of the Transactions, determined in accordance with GAAP consistently applied. 

(d) “Will be able to pay their Liabilities as they mature” 

For the period from the date hereof through the Maturity Date, the Borrower and its subsidiaries taken as a whole will have sufficient assets
and cash flow to pay their Liabilities as those liabilities mature or (in the case of contingent Liabilities) otherwise become payable, in light of business conducted or anticipated to be conducted by the Borrower and its subsidiaries as reflected
in the projected financial statements and in light of the anticipated credit capacity. 

  
 E-I-1 

 (e) “Do not have Unreasonably Small Capital” 

The Borrower and its subsidiaries taken as a whole after consummation of the Transactions is a going concern and has sufficient capital to
reasonably ensure that it will continue to be a going concern for the period from the date hereof through the Maturity Date. I understand that “unreasonably small capital” depends upon the nature of the particular business or businesses
conducted or to be conducted, and I have reached my conclusion based on the needs and anticipated needs for capital of the business conducted or anticipated to be conducted by the Borrower and its subsidiaries as reflected in the projected financial
statements and in light of the anticipated credit capacity. 
 3. For purposes of this certificate, I, or officers of the Borrower under my
direction and supervision, have performed the following procedures as of and for the periods set forth below. 
 (a) I have reviewed the
financial statements (including the pro forma financial statements) referred to in Section __ of the Credit Agreement. 
 (b) I have
knowledge of and have reviewed to my satisfaction the Credit Agreement. 
 (c) As [chief financial officer][vice president of finance][other
senior officer with similar title] of the Borrower, I am familiar with the financial condition of the Borrower and its subsidiaries. 
 4.
Based on and subject to the foregoing, I hereby certify on behalf of the Borrower that after giving effect to the consummation of the Transactions, it is my opinion that (i) the Fair Value of the assets of the Borrower and its subsidiaries
taken as a whole exceeds their Liabilities, (ii) the Present Fair Salable Value of the assets of the Borrower and its subsidiaries taken as a whole exceeds their Liabilities; (iii) the Borrower and its subsidiaries taken as a whole do not
have Unreasonably Small Capital; and (iv) the Borrower and its subsidiaries taken as a whole will be able to pay their Liabilities as they mature. 

* * * 

  
 E-I-2 

 IN WITNESS WHEREOF, the Borrower has caused this certificate to be executed on its behalf by
its [chief financial officer][vice president of finance][other senior officer with similar title] as of the date first written above. 
  

			
	[                    ]
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 E-I-3

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