Document:

EX-10.2

 Exhibit 10.2 
  

 
  

CREDIT AGREEMENT 
 by
and among 
 WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Agent and Issuing Bank, 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Sole Lead Arranger and Bookrunner, 

THE LENDERS PARTY HERETO, 

as Lenders, 

INDEPENDENCE CONTRACT DRILLING, INC. 

ICD OPERATING LLC 

PATRIOT SARATOGA MERGER SUB, LLC, 

as Borrower 
 THE OTHER
PARTIES HERETO, 
 as Guarantors, 

Dated as of October 1, 2018 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 1.  DEFINITIONS AND CONSTRUCTION
	  	 	1	 
			
	 1.1
	  	Definitions	  	 	1	 
	 1.2
	  	Accounting Terms	  	 	44	 
	 1.3
	  	UCC	  	 	44	 
	 1.4
	  	Construction	  	 	44	 
	 1.5
	  	Time References	  	 	45	 
	 1.6
	  	Schedules and Exhibits	  	 	45	 
		
	 2.  LOANS AND TERMS OF PAYMENT
	  	    	46   	   
			
	 2.1
	  	Revolving Loans	  	 	46	 
	 2.2
	  	Reserved	  	 	46	 
	 2.3
	  	Borrowing Procedures and Settlements	  	 	46	 
	 2.4
	  	Payments; Reductions of Commitments; Prepayments	  	 	52	 
	 2.5
	  	Promise to Pay; Promissory Notes	  	 	56	 
	 2.6
	  	Interest Rates and Letter of Credit Fee: Rates, Payments, and Calculations	  	 	56	 
	 2.7
	  	Crediting Payments	  	 	58	 
	 2.8
	  	Designated Account	  	 	58	 
	 2.9
	  	Maintenance of Loan Account; Statements of Obligations	  	 	58	 
	 2.10
	  	Fees	  	 	58	 
	 2.11
	  	Letters of Credit	  	 	59	 
	 2.12
	  	LIBOR Option	  	 	67	 
	 2.13
	  	Capital Requirements	  	 	69	 
	 2.14
	  	Reserved	  	 	70	 
	 2.15
	  	Reserved	  	 	70	 
	 2.16
	  	Joint and Several Liabilities of Borrowers	  	 	71	 
		
	 3.  CONDITIONS; TERM OF AGREEMENT
	  	    	73   	   
			
	 3.1
	  	Conditions Precedent to the Initial Extension of Credit	  	 	73	 
	 3.2
	  	Conditions Precedent to all Extensions of Credit	  	 	73	 
	 3.3
	  	Maturity	  	 	74	 
	 3.4
	  	Effect of Maturity	  	 	74	 
	 3.5
	  	Early Termination by Borrowers	  	 	74	 
	 3.6
	  	Conditions Subsequent	  	 	74	 
		
	 4.  REPRESENTATIONS AND WARRANTIES
	  	    	74   	   
			
	 4.1
	  	Due Organization and Qualification; Subsidiaries	  	 	75	 
	 4.2
	  	Due Authorization; No Conflict	  	 	75	 
	 4.3
	  	Governmental Consents	  	 	76	 
	 4.4
	  	Binding Obligations; Perfected Liens	  	 	76	 
	 4.5
	  	Title to Assets; No Encumbrances	  	 	76	 
	 4.6
	  	Litigation	  	 	77	 

  
 i 

							
	 4.7
	  	Compliance with Laws	  	 	77	 
	 4.8
	  	No Material Adverse Effect	  	 	77	 
	 4.9
	  	Solvency	  	 	77	 
	 4.10
	  	Employee Benefits	  	 	77	 
	 4.11
	  	Environmental Condition	  	 	78	 
	 4.12
	  	Complete Disclosure	  	 	78	 
	 4.13
	  	Patriot Act	  	 	78	 
	 4.14
	  	Indebtedness	  	 	79	 
	 4.15
	  	Payment of Taxes	  	 	79	 
	 4.16
	  	Margin Stock	  	 	79	 
	 4.17
	  	Governmental Regulation	  	 	79	 
	 4.18
	  	OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws	  	 	79	 
	 4.19
	  	Employee and Labor Matters	  	 	80	 
	 4.20
	  	[Reserved]	  	 	80	 
	 4.21
	  	Leases	  	 	80	 
	 4.22
	  	Eligible Accounts	  	 	80	 
	 4.23
	  	Hedge Agreements	  	 	80	 
	 4.24
	  	Closing Date Merger Documents; Term Loan Documents	  	 	80	 
		
	 5.  AFFIRMATIVE COVENANTS
	  	    	81   	   
			
	 5.1
	  	Financial Statements, Reports, Certificates	  	 	81	 
	 5.2
	  	Reporting	  	 	82	 
	 5.3
	  	Existence	  	 	82	 
	 5.4
	  	Maintenance of Properties	  	 	82	 
	 5.5
	  	Taxes	  	 	82	 
	 5.6
	  	Insurance	  	 	82	 
	 5.7
	  	Inspection	  	 	83	 
	 5.8
	  	Compliance with Laws	  	 	83	 
	 5.9
	  	Environmental	  	 	83	 
	 5.10
	  	Disclosure Updates	  	 	84	 
	 5.11
	  	Formation or Acquisition of Subsidiaries	  	 	84	 
	 5.12
	  	Further Assurances	  	 	84	 
	 5.13
	  	Location of Chief Executive Office	  	 	85	 
	 5.14
	  	OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws	  	 	85	 
		
	 6.  NEGATIVE COVENANTS
	  	    	85   	   
			
	 6.1
	  	Indebtedness	  	 	85	 
	 6.2
	  	Liens	  	 	85	 
	 6.3
	  	Restrictions on Fundamental Changes	  	 	85	 
	 6.4
	  	Disposal of Assets	  	 	86	 
	 6.5
	  	Nature of Business	  	 	86	 
	 6.6
	  	Prepayments and Amendments	  	 	86	 
	 6.7
	  	Restricted Payments; Management Fees	  	 	86	 
	 6.8
	  	Accounting Methods	  	 	87	 
	 6.9
	  	Investments	  	 	87	 
	 6.10
	  	Transactions with Affiliates	  	 	87	 
	 6.11
	  	Use of Proceeds	  	 	88	 
	 6.12
	  	Limitation on Issuance of Equity Interests	  	 	88	 

  
 ii 

							
		
	 7.  FINANCIAL COVENANT
	  	    	88   	   
			
	 7.1
	  	Fixed Charge Coverage Ratio	  	 	88	 
	 7.2
	  	Right to Cure	  	 	88	 
		
	 8.  EVENTS OF DEFAULT
	  	    	89   	   
			
	 8.1
	  	Payments	  	 	89	 
	 8.2
	  	Covenants	  	 	89	 
	 8.4
	  	Voluntary Bankruptcy, Etc.	  	 	90	 
	 8.5
	  	Involuntary Bankruptcy, Etc.	  	 	90	 
	 8.6
	  	Default under Other Agreements	  	 	90	 
	 8.7
	  	Representations, Etc.	  	 	91	 
	 8.8
	  	Guaranty	  	 	91	 
	 8.9
	  	Security Documents	  	 	91	 
	 8.10
	  	Loan Documents	  	 	91	 
	 8.11
	  	Change of Control	  	 	91	 
	 8.12
	  	ERISA	  	 	91	 
	 8.13
	  	Subordination; Intercreditor Agreement	  	 	91	 
		
	 9.  RIGHTS AND REMEDIES
	  	    	92   	   
			
	 9.1
	  	Rights and Remedies	  	 	92	 
	 9.2
	  	Remedies Cumulative	  	 	92	 
		
	 10.  WAIVERS; INDEMNIFICATION
	  	 	92	 
			
	 10.1
	  	Demand; Protest; etc.	  	 	92	 
	 10.2
	  	The Lender Group’s Liability for Collateral	  	 	92	 
	 10.3
	  	Indemnification	  	 	93	 
		
	 11.  NOTICES
	  	    	94   	   
		
	 12.  CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER
	  	    	95   	   
		
	 13.  ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS
	  	    	96   	   
			
	 13.1
	  	Assignments and Participations	  	 	96	 
	 13.2
	  	Successors	  	 	99	 
		
	 14.  AMENDMENTS; WAIVERS
	  	    	99   	   
			
	 14.1
	  	Amendments and Waivers	  	 	99	 
	 14.2
	  	Replacement of Certain Lenders	  	 	100	 
	 14.3
	  	No Waivers; Cumulative Remedies	  	 	101	 
		
	 15.  AGENT; THE LENDER GROUP
	  	   	101  	  
			
	 15.1
	  	Appointment and Authorization of Agent	  	 	101	 
	 15.2
	  	Delegation of Duties	  	 	102	 
	 15.3
	  	Liability of Agent	  	 	102	 

  
 iii 

							
	 15.4
	  	Reliance by Agent	  	 	103	 
	 15.5
	  	Notice of Default or Event of Default	  	 	103	 
	 15.6
	  	Credit Decision	  	 	103	 
	 15.7
	  	Costs and Expenses; Indemnification	  	 	104	 
	 15.8
	  	Agent in Individual Capacity	  	 	104	 
	 15.9
	  	Successor Agent	  	 	105	 
	 15.10
	  	Lender in Individual Capacity	  	 	105	 
	 15.11
	  	Collateral Matters	  	 	105	 
	 15.12
	  	Restrictions on Actions by Lenders; Sharing of Payments	  	 	107	 
	 15.13
	  	Agency for Perfection	  	 	107	 
	 15.14
	  	Payments by Agent to Lenders	  	 	107	 
	 15.15
	  	Concerning the Collateral and Related Loan Documents	  	 	108	 
	 15.16
	  	Field Examination Reports; Confidentiality; Disclaimers by Lenders; Other Reports and Information	  	 	108	 
	 15.17
	  	Several Obligations; No Liability	  	 	109	 
	 15.18
	  	Sole Lead Arranger and Book Runner	  	 	109	 
		
	 16.  TAX MATTERS
	  	   	109  	  
			
	 16.1
	  	Payments	  	 	109	 
	 16.2
	  	Exemptions	  	 	110	 
	 16.3
	  	Reductions	  	 	111	 
	 16.4
	  	Refunds	  	 	112	 
		
	 17.  GENERAL PROVISIONS
	  	   	112  	  
			
	 17.1
	  	Effectiveness	  	 	112	 
	 17.2
	  	Section Headings	  	 	112	 
	 17.3
	  	Interpretation	  	 	112	 
	 17.4
	  	Severability of Provisions	  	 	113	 
	 17.5
	  	Bank Product Providers	  	 	113	 
	 17.6
	  	Debtor-Creditor Relationship	  	 	113	 
	 17.7
	  	Counterparts; Electronic Execution	  	 	113	 
	 17.8
	  	Revival and Reinstatement of Obligations	  	 	114	 
	 17.9
	  	Confidentiality	  	 	114	 
	 17.10
	  	Lender Group Expenses	  	 	115	 
	 17.11
	  	Survival	  	 	115	 
	 17.12
	  	Patriot Act	  	 	115	 
	 17.13
	  	Integration	  	 	115	 
	 17.14
	  	Keepwell	  	 	116	 
	 17.15
	  	Judgment Currency	  	 	116	 
	 17.16
	  	Parent as Administrative Agent for Borrowers	  	 	116	 
	 17.17
	  	“Know Your Customer” Checks	  	 	117	 
	 17.18
	  	Acknowledgment and Consent to Bail-In of EEA Financial Institutions	  	 	117	 
	 17.19
	  	Conflicts with Intercreditor Agreement	  	 	118	 

  
 iv 

 EXHIBITS AND SCHEDULES 

 

			
	 Exhibit A-1
	  	Form of Assignment and Acceptance
	 Exhibit B-1
	  	Form of Borrowing Base Certificate
	 Exhibit C-1
	  	Form of Compliance Certificate
	 Exhibit J-1
	  	Form of Joinder
	 Exhibit L-1
	  	Form of LIBOR Notice
	 Exhibit P-1
	  	Form of Perfection Certificate
	 Exhibit S-1
	  	Form of Solvency Certificate
		
	 Schedule A-1
	  	Agent’s Accounts
	 Schedule A-2
	  	Authorized Persons
	 Schedule C-1
	  	Commitments
	 Schedule D-1
	  	Designated Account
	 Schedule P-1
	  	Permitted Investments
	 Schedule P-2
	  	Permitted Liens
		
	 Schedule 2.11
	  	Existing Letters of Credit
	 Schedule 3.1
	  	Conditions Precedent to Initial Extension of Credit
	 Schedule 3.6
	  	Conditions Subsequent
	 Schedule 4.1(b)
	  	Chief Executive Offices, Etc.
	 Schedule 4.1(c)
	  	Capitalization of Loan Parties and Subsidiaries
	 Schedule 4.2(d)
	  	Subscription, Options, Warrants, Calls
	 Schedule 4.6(b)
	  	Litigation
	 Schedule 4.10
	  	Employee Benefits Plans
	 Schedule 4.11
	  	Environmental Matters
	 Schedule 4.14
	  	Indebtedness
	 Schedule 5.1
	  	Financial Statements, Reports, Certificates
	 Schedule 5.2
	  	Collateral Reporting
	 Schedule 6.5
	  	Nature of Business

  
 v 

 CREDIT AGREEMENT 

THIS CREDIT AGREEMENT (this “Agreement”), is entered into as of October 1, 2018 by and among the lenders
identified on the signature pages hereof (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”, as that term is hereinafter further defined), WELLS FARGO BANK,
NATIONAL ASSOCIATION, as administrative agent for each member of the Lender Group and the Bank Product Providers (in such capacity, together with its successors and assigns in such capacity, “Agent”), INDEPENDENCE CONTRACT
DRILLING, INC., a Delaware corporation (“Parent”), as lead borrower for the Borrowers referenced below (in such capacity, together with its successors and assigns in such capacity, “Lead Borrower”), PATRIOT SARATOGA
MERGER SUB, LLC, Delaware limited liability company (“Merger Sub”), ICD OPERATING LLC, a Delaware limited liability company formerly known as Sidewinder Drilling LLC (“ICD Operating”) and the other Affiliates of
Parent party hereto from time to time as borrowers (such Affiliates together with Parent, Merger Sub and ICD Operating, each individually a “Borrower”, and collectively, jointly and severally, “Borrowers”), and each
Affiliate of Parent party hereto from time to time as guarantors (each individually a “Guarantor” and collectively, jointly and severally, as “Guarantors”). 

WHEREAS, the Borrowers have requested that the Lenders provide a revolving credit facility, and the Lenders have indicated their willingness
to lend, in each case on the terms and conditions set forth herein. 
 NOW, THEREFORE, in consideration of the mutual covenants and
agreements herein contained, the parties hereto covenant and agree as follows: 
  

	1.	 DEFINITIONS AND CONSTRUCTION. 

1.1 Definitions. As used in this Agreement, the following terms shall have the following definitions: 

“ABL Priority Collateral” has the meaning specified therefor in the Intercreditor Agreement. 

“Account” means an account (as that term is defined in the UCC). 

“Account Debtor” means any Person who is obligated on an Account, chattel paper, or a General Intangible. 

“Account Party” has the meaning specified therefor in Section 2.11(h) of this Agreement. 

“Accounting Changes” means changes in accounting principles required by the promulgation of any rule, regulation,
pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants (or successor thereto or any agency with similar functions). 

“Acquired Indebtedness” means Indebtedness of a Person the assets or Equity Interests of which are acquired by a Loan Party
or any of its Subsidiaries in a Permitted Acquisition; provided, that such Indebtedness (a) is not secured by Collateral, (b) was in existence prior to the date of such Permitted Acquisition and (c) was not incurred in
connection with, or in contemplation of, such Permitted Acquisition. 
 “Acquisition” means (a) the purchase or other
acquisition by a Loan Party of all or substantially all of the assets of (or any division or business line of) any other Person, or (b) the purchase or other acquisition (whether by means of a merger, consolidation, or otherwise) by a Person or
its Subsidiaries of all or substantially all of the Equity Interests of any other Person. 

 “Additional Documents” has the meaning specified therefor in
Section 5.12 of this Agreement. 
 “Administrative Questionnaire” has the meaning specified therefor in
Section 13.1 of this Agreement. 
 “Affected Lender” has the meaning specified therefor in
Section 2.13(b) of this Agreement. 
 “Affiliate” means, as applied to any Person, any other Person who
controls, is controlled by, or is under common control with, such Person. For purposes of this definition, “control” means the possession, directly or indirectly, of the power to direct the management and policies of a Person, whether
through the ownership of Equity Interests, by contract, or otherwise; provided, that, for purposes of the definition of Eligible Accounts and Section 6.10 of this Agreement: (a) any Person which owns directly or
indirectly ten percent (10%) or more of the Equity Interests having ordinary voting power for the election of directors or other members of the governing body of a Person or ten percent (10%) or more of the partnership or other ownership
interests of a Person (other than as a limited partner of such Person) shall be deemed an Affiliate of such Person, (b) each director (or comparable manager) of a Person shall be deemed to be an Affiliate of such Person, and (c) each
partnership in which a Person is a general partner shall be deemed an Affiliate of such Person. 
 “Agent” has the meaning
specified therefor in the preamble to this Agreement. 
 “Agent-Related Persons” means Agent, together with its Affiliates,
officers, directors, employees, attorneys, and agents. 
 “Agent’s Account” means the Deposit Account of Agent
identified as “Agent’s Accounts” on Schedule A-1. 
 “Agent’s Liens” means the Liens granted by
each Loan Party to Agent under the Loan Documents and securing the Obligations. 
 “Agreement” means this Credit Agreement,
as amended, restated, amended and restated, supplemented or otherwise modified from time to time. 
 “Agreement Currency”
has the meaning specified therefor in Section 17.15 of this Agreement. 
 “Anti-Corruption Laws” means the
FCPA, the U.K. Bribery Act of 2010, as amended, and all other applicable laws and regulations or ordinances concerning or relating to bribery, money laundering or corruption in any jurisdiction in which any Loan Party or any of its Subsidiaries or
Affiliates is located or is doing business. 
 “Anti-Money Laundering Laws” means the applicable laws or regulations in any
jurisdiction in which any Loan Party or any of its Subsidiaries or Affiliates is located or is doing business that relates to money laundering, any predicate crime to money laundering, or any financial record keeping and reporting requirements
related thereto. 
 “Applicable Margin” means (a) as to Revolving Loans for which interest is calculated based on the
Base Rate, the Applicable Base Rate Margin set forth below, and (b) as to Revolving Loans for which interest is calculated based on LIBOR, the Applicable LIBOR Margin set forth below, 

  
 2 

											
	 Tier
	  	 Quarterly Average Excess

Availability
	  	Applicable Base
Rate Margin	 	 	Applicable
LIBOR Margin	 
	1	  	Greater than $26,666,666	  	 	1.00	% 	 	 	2.00	% 
	2	  	Greater than $13,333,333 but less than or equal to $26,666,666	  	 	1.25	% 	 	 	2.25	% 
	3	  	Less than or equal to $13,333,333	  	 	1.50	% 	 	 	2.50	% 

 provided, that, (i) the Applicable Margin shall be calculated and established once each calendar quarter
and shall remain in effect until adjusted for the next calendar quarter, (ii) each adjustment of the Applicable Margin shall be effective as of the first day of each such calendar quarter based on the Quarterly Average Excess Availability for
the immediately preceding calendar quarter, (iii) notwithstanding anything to the contrary contained herein, for the period from the Closing Date until the last day of the first full calendar quarter immediately following the Closing Date, the
Applicable Margin shall be based on the applicable percentage set forth in Tier 2, and (iv) in the event that the Lead Borrower fails to provide any Borrowing Base Certificate or other information with respect thereto for any period on the date
required hereunder, effective as of the date on which such Borrowing Base Certificate or other information was otherwise required, at Agent’s option, the Applicable Margin shall be based on the highest rate above until the next Business Day
after a Borrowing Base Certificate or other information is provided for the applicable period at which time the Applicable Margin shall be adjusted as otherwise provided herein. In the event that at any time after the end of any calendar quarter the
Quarterly Average Excess Availability for such calendar quarter used for the determination of the Applicable Margin was greater than the actual amount of the Quarterly Average Excess Availability for such period as a result of the inaccuracy of
information provided by or on behalf of any Borrower to Agent for the calculation of Excess Availability, the Applicable Margin for such period shall be adjusted to the applicable percentage based on such actual Quarterly Average Excess Availability
and any additional interest for the applicable period as a result of such recalculation shall be promptly paid to Agent. The foregoing shall not be construed to limit the rights of Agent or Lenders with respect to the amount of interest payable
after a Default or Event of Default whether based on such recalculated percentage or otherwise. 
 “Application Event”
means the occurrence of (a) a failure by Borrowers to repay all of the Obligations in full on the Maturity Date, or (b) an Event of Default and the election by Agent or the Required Lenders to require that payments and proceeds of
Collateral be applied pursuant to Section 2.4(b)(iii) of this Agreement. 
 “Assignee” has the meaning
specified therefor in Section 13.1(a) of this Agreement. 
 “Assignment and Acceptance” means an Assignment and
Acceptance Agreement substantially in the form of Exhibit A-1. 
 “Authorized Person” means any one of the individuals
identified on Schedule A-2, as such schedule is updated from time to time by written notice from Lead Borrower to Agent. 

“Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in
respect of any liability of an EEA Financial Institution. 

  
 3 

 “Bail-In Legislation” means, with respect to any EEA Member Country
implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-in Legislation Schedule. 

“Bank Product” means any one or more of the following financial products or accommodations extended to any Loan Party or any
of its Subsidiaries by a Bank Product Provider: (a) credit cards, (b) payment card processing services, (c) debit cards, (d) stored value cards, (e) commercial cards and purchase cards (including so- called “procurement
cards” or “P-cards”), (f) Cash Management Services, or (g) transactions under Hedge Agreements. 
 “Bank
Product Agreements” means those agreements entered into from time to time by any Loan Party or any of its Subsidiaries with a Bank Product Provider in connection with the obtaining of any of the Bank Products. 

“Bank Product Collateralization” means providing cash collateral (pursuant to documentation reasonably satisfactory to Agent)
to be held by Agent for the benefit of the Bank Product Providers (other than the Hedge Providers) in an amount reasonably determined by Agent as sufficient to satisfy the reasonably estimated credit exposure, operational risk or processing risk
with respect to the then existing Bank Product Obligations (other than Hedge Obligations). 
 “Bank Product Obligations”
means (a) all obligations, liabilities, reimbursement obligations, fees, or expenses owing by any Loan Party to any Bank Product Provider pursuant to or evidenced by a Bank Product Agreement and irrespective of whether for the payment of money,
whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, (b) all Hedge Obligations, and (c) all amounts that Agent or any Lender is obligated to pay to a Bank Product Provider as a result
of Agent or such Lender purchasing participations from, or executing guarantees or indemnities or reimbursement obligations to, a Bank Product Provider with respect to the Bank Products provided by such Bank Product Provider to any Loan Party.
Anything to the contrary contained in the foregoing notwithstanding, the Bank Product Obligations shall exclude any Excluded Swap Obligation. 

“Bank Product Provider” means Wells Fargo or any of its Affiliates. 

“Bank Product Reserves” means, as of any date of determination, those reserves that Agent deems necessary or appropriate to
establish (based upon the Bank Product Providers’ determination of the liabilities and obligations of each Loan Party and its Subsidiaries in respect of Bank Product Obligations) in respect of Bank Products then provided or outstanding. 

“Bankruptcy Code” means title 11 of the United States Code, as in effect from time to time. 

“Base Rate” means the greatest of (a) the Federal Funds Rate plus one-half percent
( 1⁄2%), (b) the LIBOR Rate (which rate shall be calculated based upon an Interest Period of one month and shall be determined on a daily basis),
plus one percentage point, and (c) the rate of interest announced, from time to time, within Wells Fargo at its principal office in San Francisco as its “prime rate”, with the understanding that the “prime rate” is
one of Wells Fargo’s base rates (not necessarily the lowest of such rates) and serves as the basis upon which effective rates of interest are calculated for those loans making reference thereto and is evidenced by the recording thereof after
its announcement in such internal publications as Wells Fargo may designate (and, if any such announced rate is below zero, then the rate determined pursuant to this clause (c) shall be deemed to be zero). 

  
 4 

 “Base Rate Loan” means a Revolving Loan that bears interest at a rate
determined by reference to the Base Rate. 
 “Base Rate Margin” means the Applicable Base Rate Margin as set forth in the
definition of the term Applicable Margin. 
 “Board of Directors” means, as to any Person, the board of directors (or
comparable managers) of such Person, or any committee thereof duly authorized to act on behalf of the board of directors (or comparable managers). 

“Board of Governors” means the Board of Governors of the Federal Reserve System of the United States (or any successor). 

“Borrower” and “Borrowers” have the respective meanings specified therefor in the preamble to this
Agreement. 
 “Borrower Materials” has the meaning specified therefor in Section 17.9(c) of this Agreement.

 “Borrowing” means a borrowing consisting of Revolving Loans made on the same day by the Lenders (or Agent on behalf
thereof), or by Agent in the case of a Special Advance. 
 “Borrowing Base” means, as of any date of determination, the
result of: 
 (a) 85% of the amount of Eligible Accounts, minus 

(b) the aggregate amount of Reserves, if any, established by Agent from time to time under Section 2.1(c) of this Agreement. 

“Borrowers” has the meaning specified therefor in the preamble to this Agreement. 

“Borrowing Base Certificate” means a certificate in the form of Exhibit B-1 to this Agreement. 

“Business Day” means any day that is not a Saturday, Sunday, or other day on which banks are authorized or required to close
in the state of New York, except that, if a determination of a Business Day shall relate to a LIBOR Rate Loan, the term “Business Day” also shall exclude any day on which banks are closed for dealings in Dollar deposits in the London
interbank market. 
 “Capital Expenditures” means, with respect to any Person for any period, the amount of all
expenditures by such Person and its Subsidiaries during such period that are capital expenditures as determined in accordance with GAAP, whether such expenditures are paid in cash or financed, but excluding, without duplication (a) with respect
to the purchase price of assets that are purchased substantially contemporaneously with the trade-in of existing assets during such period, the amount that the gross amount of such purchase price is reduced by the credit granted by the seller of
such assets for the assets being traded in at such time, (b) expenditures made during such period to consummate one or more Permitted Acquisitions, (c) expenditures made during such period to the extent made with the identifiable proceeds
of an equity investment in a Loan Party or any of its Subsidiaries which equity investment is made substantially contemporaneously with the making of the expenditure, and (d) expenditures during such period that, pursuant to a written
agreement, are reimbursed by a third Person (excluding any Loan Party or any of its Affiliates) within one hundred eighty (180) days of the date such expenditures are made. 

  
 5 

 “Capitalized Lease Obligation” means that portion of the obligations under
a Capital Lease that is required to be capitalized in accordance with GAAP. 
 “Capital Lease” means a lease that is
required to be capitalized for financial reporting purposes in accordance with GAAP. 
 “Cash Dominion Event” means at any
time (a) Excess Availability is less than 12.5% of the Maximum Credit at any time, or (b) a Specified Event of Default has occurred and is continuing; provided, that, to the extent that the Cash Dominion Event has occurred
due to (i) clause (a) of this definition, if Excess Availability shall be equal to or greater than the applicable amount provided for in clause (a) of this definition for at least thirty (30) consecutive days thereafter, the Cash
Dominion Event shall no longer be deemed to exist or be continuing until such time as Excess Availability may again be less than the applicable amount provided for in clause (a) of this definition and (ii) clause (b) of this
definition, if such Specified Event of Default has been cured or waived, the Cash Dominion Event shall no longer be deemed to exist or be continuing. 

“Cash Equivalents” means (a) marketable direct obligations issued by, or unconditionally guaranteed by, the United
States or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within one (1) year from the date of acquisition thereof, (b) marketable direct obligations issued or fully
guaranteed by any state of the United States or any political subdivision of any such state or any public instrumentality thereof maturing within one (1) year from the date of acquisition thereof and, at the time of acquisition, having one of
the two highest ratings obtainable from either Standard & Poor’s Rating Group (“S&P”) or Moody’s Investors Service, Inc. (“Moody’s”), (c) commercial paper maturing no more than two
hundred seventy (270) days from the date of creation thereof and, at the time of acquisition, having a rating of at least A-1 from S&P or at least P-1 from Moody’s, (d) certificates of deposit, time deposits, overnight bank
deposits or bankers’ acceptances maturing within one (1) year from the date of acquisition thereof issued by any bank organized under the laws of the United States or any state thereof or the District of Columbia or any United States
branch of a foreign bank having at the date of acquisition thereof combined capital and surplus of not less than $1,000,000,000, (e) Deposit Accounts maintained with (i) any bank that satisfies the criteria described in clause
(d) above, or (ii) any other bank organized under the laws of the United States or any state thereof so long as the full amount maintained with any such other bank is insured by the Federal Deposit Insurance Corporation,
(f) repurchase obligations of any commercial bank satisfying the requirements of clause (d) of this definition or of any recognized securities dealer having combined capital and surplus of not less than $1,000,000,000, having a term of not
more than seven days, with respect to securities satisfying the criteria in clauses (a) or (d) above, (g) debt securities with maturities of six (6) months or less from the date of acquisition backed by standby letters of credit
issued by any commercial bank satisfying the criteria described in clause (d) above, and (h) Investments in money market funds substantially all of whose assets are invested in the types of assets described in clauses (a) through
(g) above. 
 “Cash Management Services” means any cash management or related services including treasury, depository,
return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of
electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements. 
 “Certain
Funds Provision” has the meaning specified therefor on Schedule 3.1. 
 “CFC” means (a) a controlled
foreign corporation (as that term is defined in the IRC) in which any Loan Party is a “United States shareholder” within the meaning of Section 951(b) of the IRC or (b) any Subsidiary all or substantially all of the assets of
which consist, directly or indirectly, of Equity Interests of Subsidiaries described in clause (a) of this definition. 

  
 6 

 “Change of Control” means that: 

(a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, but
excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan), other than the Permitted Holders, becomes the
“beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to have “beneficial ownership” of all securities that such person or group has the
right to acquire, whether such right is exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of more than a majority of the equity securities of Parent entitled to vote
for members of the board of directors or equivalent governing body of Parent on a fully-diluted basis (and taking into account all such securities that such person or group has the right to acquire pursuant to any option right); 

(b) the passage of thirty (30) days from the date upon which any Person or two or more Persons acting in concert, other than the Permitted
Holders, shall have acquired by contract or otherwise, or shall have entered into a contract or arrangement that, upon consummation thereof, will result in its or their acquisition of the power to exercise, directly or indirectly, a controlling
influence over the management or policies of Parent, or control over the equity securities of Parent entitled to vote for members of the board of directors or equivalent governing body of Parent on a fully-diluted basis (and taking into account all
such securities that such Person or group has the right to acquire pursuant to any option right) representing more than a majority of the combined voting power of such securities; 

(c) during any period of twelve (12) consecutive months, a majority of the members of the board of directors or other equivalent governing
body of Parent cease to be composed of individuals (i) who were members of that board or equivalent governing body on the first day of such period, (ii) whose election or nomination to that board or equivalent governing body was approved
by individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body or (iii) whose election or nomination to that board or other equivalent
governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body 

(d) Parent fails to own and control, directly or indirectly, 100% of the Equity Interests of any other Loan Party, other than pursuant to
transactions permitted under Section 6.3, or 
 (e) the occurrence of any “Change of Control” as defined in the Term
Loan Agreement. 
 “Change in Law” means the occurrence after the date of this Agreement of: (a) the adoption or
effectiveness of any law, rule, regulation, judicial ruling, judgment or treaty, (b) any change in any law, rule, regulation, judicial ruling, judgment or treaty or in the administration, interpretation, implementation or application by any
Governmental Authority of any law, rule, regulation, guideline or treaty, or (c) the making or issuance by any Governmental Authority of any request, rule, guideline or directive, whether or not having the force of law; provided, that
notwithstanding anything in this Agreement to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith, and (ii) all
requests, rules, guidelines or directives concerning capital adequacy promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign
regulatory authorities shall, in each case, be deemed to be a “Change in Law,” regardless of the date enacted, adopted or issued. 

  
 7 

 “Closing Date” means the date of the making of the initial Revolving Loan
(or other extension of credit) under this Agreement. 
 “Closing Date Merger” means the merger of Merger Sub with and into
Target with Target as the surviving entity so that, immediately after giving effect thereto, Target will be a wholly-owned Subsidiary of Parent. 

“Closing Date Merger Agreement” means the Agreement and Plan of Merger, dated as of July 18, 2018, by and among Parent,
Merger Sub, Target and the Members’ Representative party thereto. 
 “Closing Date Merger Agreement Representations”
means those representations and warranties made by or on behalf of Target, its Subsidiaries or their respective businesses in the Closing Date Merger Agreement as are material to the interests of Lenders, but only to the extent that Merger Sub (or
any of its applicable Affiliates) has the right to terminate its (or their) obligations under the Closing Date Merger Agreement or decline to consummate the Closing Date Merger as a result of the breach of such representations and warranties. 

“Closing Date Merger Documents” means the Closing Date Merger Agreement and all other documents related thereto and executed
in connection therewith. 
 “Collateral” means all assets and interests in assets and proceeds thereof now owned or
hereafter acquired by any Loan Party in or upon which a Lien is granted by such Person in favor of Agent or Lenders under any of the Loan Documents; provided, that the definition of “Collateral” shall not include any Excluded Collateral.

 “Collateral Access Agreement” means a landlord waiver, bailee letter, or acknowledgement agreement of any lessor,
warehouseman, processor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in any Loan Party’s books and records or Equipment, in each case, in form and substance reasonably satisfactory to Agent.

 “Collateral Documents” means, collectively, each of the security agreements or other similar agreements delivered to
Agent pursuant to the terms of this Agreement, and each of the other agreements, instruments or documents that creates or purports to create a Lien in favor of Agent, including the Guaranty and Security Agreement. 

“Collections” means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, cash
proceeds of asset sales, rental proceeds and tax refunds). 
 “Commitment” means, with respect to each Lender, its
Commitment, and with respect to all Lenders, their Commitments, in each case as such Dollar amounts are set forth beside such Lender’s name under the applicable heading on Schedule C-1 or in the Assignment and Acceptance pursuant to
which such Lender became a Lender under this Agreement, as such amounts may be reduced or increased from time to time in accordance with the terms of this Agreement. 

“Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any
successor statute. 

  
 8 

 “Company Material Adverse Effect” has the meaning specified therefor in the
Closing Date Merger Agreement (as in effect on July 18, 2018). 
 “Compliance Certificate” means a certificate
substantially in the form of Exhibit C-1 delivered by the chief financial officer of Lead Borrower to Agent. 

“Consolidated” means, when used to modify a financial term, test, statement, or report of a Person, the application or
preparation of such term, test, statement or report (as applicable) based upon the consolidation, in accordance with GAAP, of the financial condition or operating results of such Person and its Subsidiaries; provided, that when the term
“Consolidated” is used herein in reference to the Borrowers and their Subsidiaries, the term “Consolidated” shall mean Parent and its Subsidiaries on a consolidated basis, with such consolidated numbers then determined on a
combined basis, all in accordance with GAAP. 
 “Consolidated Interest Charges” means, for any period, the sum of
(a) all interest, premium payments, debt discount, fees, charges and related expenses in connection with borrowed money (including capitalized interest) or in connection with the deferred purchase price of assets, in each case to the extent
treated as interest in accordance with GAAP, including, without limitation, all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing and net costs under Hedge Agreements or
agreements governing hedging obligations, but excluding any non-cash or deferred interest plus (b) the portion of rent expense with respect to such period under Capitalized Lease Obligations that is treated as interest in
accordance with GAAP, in each case of or by the Borrowers and their Subsidiaries, all as determined on a Consolidated basis in accordance with GAAP. 

“Copyright Security Agreement” has the meaning specified therefor in the Guaranty and Security Agreement. 

“Confidential Information” has the meaning specified therefor in Section17.9(a) of this Agreement. 

“Consolidated Net Income” means, for any period, the aggregate of the net income (or loss) of the Borrowers and their
Subsidiaries for such period, determined on a Consolidated basis in accordance with GAAP; provided, however, that: 
 (a) any net after-tax
extraordinary, nonrecurring or unusual gains or non-cash losses shall be excluded; 
 (b) the Consolidated Net Income for such period shall
not include the cumulative effect of a change in accounting principles during such period; 
 (c) any net after-tax gains or losses (less all
fees and expenses or charges relating thereto) attributable to business dispositions or asset dispositions other than in the ordinary course of business (as determined in good faith by ICD) shall be excluded; 

(d) any net after-tax gains or losses (less all fees and expenses or charges relating thereto) attributable to the early extinguishment of
indebtedness shall be excluded; 
 (e) the Consolidated Net Income for such period of any Person that is not a Subsidiary of such Person or
that is accounted for by the equity method of accounting, shall be included only to the extent of the amount of dividends or distributions or other payments paid in cash (or to the extent converted into cash) to the referent Person or a Subsidiary
thereof in respect of such period; 

  
 9 

 (f) (1) the non-cash portion of “straight-line” rent expense shall be
excluded and (2) the cash portion of “straight-line” rent expense which exceeds the amount expensed in respect of such rent expense shall be included; 

(g) unrealized gains and losses relating to hedging transactions and mark-to-market of Indebtedness denominated in foreign currencies resulting
from the application of ASC 830 shall be excluded; 
 (h) the income (or loss) of any non-consolidated entity during such period in which any
other Person has a joint interest shall be excluded, except to the extent of the amount of cash dividends or other distributions actually paid in cash to any of ICD or its Subsidiaries during such period; and 

(i) the income (or loss) of a Subsidiary (or any asset given pro forma treatment) during such period and accrued prior to the date it becomes a
Subsidiary or is merged into or consolidated with ICD or any of its Subsidiaries or that Person’s assets are acquired by ICD or any of its Subsidiaries shall be excluded. 

“Consolidated Non-cash Charges” means, with respect to the Parent and its Subsidiaries for any period, the aggregate
depreciation, amortization, impairment, compensation, rent and other non-cash expenses of the Parent and its Subsidiaries reducing Consolidated Net Income of such Person for such period on a Consolidated basis and otherwise determined in accordance
with GAAP (including non-cash charges resulting from purchase accounting in connection with any Acquisition or Disposition that is consummated after the Closing Date), but excluding (a) any such charge which consists of or requires an accrual
of, or cash reserve for, anticipated cash charges for any future period and (b) the non-cash impact of recording the change in fair value of any embedded derivatives under ASC 815 and related interpretations as a result of the terms of any
agreement or instrument to which such Consolidated Non-cash Charges relate. 
 “Consolidated Taxes” means, with respect to
the Parent and its Subsidiaries on a Consolidated basis for any period, provision for taxes based on income, profits or capital, including, without limitation, state franchise and similar taxes. 

“Contribution and Exchange Agreement” has the meaning specified in the definition of Conversion and Release. 

“Control Agreement” means any control agreement, in form and substance reasonably satisfactory to Agent, executed and
delivered by any Loan Party, Agent, and the applicable securities intermediary (with respect to a Securities Account) or bank (with respect to a Deposit Account) or its equivalent in any jurisdiction. 

“Conversion and Release” means that the Parent, the Target, the holders of indebtedness under the Existing First Lien Note
Purchase Agreement, the holder of indebtedness under the Existing Second Lien Note Purchase Agreement and others will enter into a Contribution and Exchange Agreement on terms reasonably acceptable to Agent (the “Contribution and Exchange
Agreement”), pursuant to which all such indebtedness will be satisfied and discharged, the Existing First Lien Note Purchase Agreement and the Existing Second Lien Note Purchase Agreement will be terminated, and all liens securing obligations
under or in connection with the Existing First Lien Note Purchase Agreement and the Existing Second Lien Note Purchase Agreement will be terminated and released. 

  
 10 

 “Covenant Testing Period” means a period (a) commencing on the last
day of the fiscal month of Loan Parties most recently ended prior to a Covenant Trigger Event for which Loan Parties are required to deliver to Agent monthly financial statements pursuant to Schedule 5.1 to this Agreement, and
(b) continuing through and including the first day after such Covenant Trigger Event that Excess Availability has equaled or exceeded 10% of the Maximum Credit for 30 consecutive calendar days. 

“Covenant Trigger Event” means if at any time Excess Availability is less than 10% of the Maximum Credit. 

“Cure Amount” has the meaning specified therefor in Section 7.2(a) of the Agreement. 

“Cure Right” has the meaning specified therefor in Section 7.2(a) of the Agreement. 

“Daily Balance” means, as of any date of determination and with respect to any Obligation, the amount of such Obligation owed
at the end of such day. 
 “Default” means an event, condition, or default that, with the giving of notice, the passage of
time, or both, would be an Event of Default. 
 “Defaulting Lender” means any Lender that (a) has failed to
(i) fund all or any portion of its Loans within two (2) Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies Agent and Lead Borrower in writing that such failure is the result of such
Lender’s determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable Default or Event of Default, shall be specifically identified in such writing) has not been satisfied, or
(ii) pay to Agent, Issuing Bank, or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit) within two (2) Business Days of the date when due, (b) has
notified any Borrower, Agent or Issuing Bank in writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement to that effect (unless such writing or public statement relates to such Lender’s
obligation to fund a Loan hereunder and states that such position is based on such Lender’s determination that a condition precedent to funding (which condition precedent, together with any applicable Default or Event of Default, shall be
specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three (3) Business Days after written request by Agent or Lead Borrower, to confirm in writing to Agent and Lead Borrower that it
will comply with its prospective funding obligations hereunder (provided, that, such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by Agent and Lead Borrower),
or (d) has, or has a direct or indirect parent company that has, (i) become the subject of any Insolvency Proceeding, (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of
creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity, or (iii) become
the subject of a Bail-in Action; provided, that, a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof by a
Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or
permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements made with such Lender. Any determination by Agent that a Lender is a Defaulting Lender under any one or more of clauses
(a) through (d) above shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender upon delivery of written notice of such determination to Lead Borrower, Issuing Bank, and each Lender.

  
 11 

 “Defaulting Lender Rate” means (a) for the first three (3) days
from and after the date the relevant payment is due, the Base Rate, and (b) thereafter, the interest rate then applicable to Revolving Loans that are Base Rate Loans (inclusive of the Base Rate Margin applicable thereto). 

“Deposit Account” means (a) any deposit account (as that term is defined in the UCC), and (b) with respect to any
Deposit Account located outside of the United States, any bank account with a deposit function. 
 “Designated Account”
means the Deposit Account of Lead Borrower identified on Schedule D-1 to this Agreement (or such other Deposit Account of Lead Borrower located at Designated Account Bank that has been designated as such, in writing, by Lead Borrower to
Agent). 
 “Designated Account Bank” has the meaning specified therefor in Schedule D-1 to this Agreement (or such
other bank that is located within the United States that has been designated as such, in writing, by Lead Borrower to Agent). 

“Dilution” means, as of any date of determination, a percentage, based upon the experience of the immediately prior three
(3) months, that is the result of dividing the Dollar amount of (a) bad debt write-downs, discounts, advertising allowances, credits, or other dilutive items with respect to Borrowers’ Accounts during such period, by
(b) Borrowers’ billings with respect to Accounts during such period. 
 “Dilution Reserve” means, as of any date
of determination, an amount sufficient to reduce the advance rate against Eligible Accounts by the extent to which Dilution is in excess of 5%. 

“Disposition” or “Dispose” means the sale, transfer, assignment, exclusive license, lease or other
disposition (including any sale and leaseback transaction) (whether in one transaction or in a series of transactions) of any property by any Person, including (a) any sale, assignment, transfer or other disposal, with or without recourse, of
any notes or accounts receivable or any rights and claims associated therewith and (b) any sale, transfer, assignment, or other disposition of any Equity Interests of another Person, but, for the avoidance of doubt, not the issuance by such
Person of its Equity Interests. 
 “Disqualified Equity Interests” means any Equity Interests that, by their terms (or by
the terms of any security or other Equity Interests into which they are convertible or for which they are exchangeable), or upon the happening of any event or condition (a) matures or are mandatorily redeemable (other than solely for Qualified
Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be
subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Commitments), (b) are redeemable at the option of the holder thereof (other than solely for Qualified Equity
Interests), in whole or in part, (c) provide for the scheduled payments of dividends in cash, or (d) are or become convertible into or exchangeable for Indebtedness or any other Equity Interests that would constitute Disqualified Equity
Interests, in each case, prior to the date that is 180 days after the Maturity Date. 
 “Disqualified Lender” means
(a) those banks, financial institutions and other institutional lenders and investors that have been separately identified in writing by Parent to Agent by email transmission on September 24, 2018, (b) those companies that are
competitors of a Loan Party that are separately identified in writing by Administrative Borrower to Agent by email transmission on September 24, 2018 and, with the reasonable consent of Agent, from time to time, after the Closing Date, and
(c) in the case of 

  
 12 

 
each of clauses (a) and (b), any of their Affiliates that are identified in writing by Administrative Borrower to Agent by email transmission on September 24, 2018 and,
with the reasonable consent of Agent, from time to time, after the Closing Date. The identification of any Person as a Disqualified Lender after the date hereof shall be effective only as of the time of such identification and any such
identification shall have no retroactive effect of any kind, including to disqualify any Person that theretofore shall have become a Lender. Notwithstanding the foregoing, each Loan Party and the Lenders acknowledge and agree that Agent will not
have any responsibility or obligation of any kind to determine whether any Lender or potential Lender is a Disqualified Lender and Agent will have no liability with respect to any assignment made to a Disqualified Lender. Parent shall confirm, upon
the written request of Agent or any Lender, whether a particular Person is a Disqualified Lender. 
 “Dollars” or
“$” means United States dollars. 
 “Document” means a document (as that term is defined in the UCC). 

“Domestic Subsidiary” means any Subsidiary of Parent that is organized under the laws of any political subdivision of the
United States. 
 “DQ List” has the meaning specified therefor in Section 13.1(i). 

“Drawing Document” means any Letter of Credit or other document presented for purposes of drawing under any Letter of Credit,
including by electronic transmission such as SWIFT, electronic mail, facsimile or computer-generated communication. 

“Earn-Outs” means unsecured liabilities of a Loan Party arising under an agreement to make any deferred payment as a part of
the Purchase Price for a Permitted Acquisition, including performance bonuses or consulting payments in any related services, employment or similar agreement, in an amount that is subject to or contingent upon the revenues, income, cash flow or
profits (or the like) of the target of such Permitted Acquisition. 
 “EBITDA” means, with respect to any fiscal period and
with respect to Parent and its Subsidiaries determined, in each case, on a consolidated basis in accordance with GAAP: 
 (a) Consolidated
Net Income, plus 
 (b) without duplication and to the extent deducted in determining such Consolidated Net Income for such period
(other than with respect to clause (ix) below), each of the following items: 
 (i) income tax expense, net of tax refunds, 

(ii) Consolidated Interest Charges, 

(iii) Consolidated Non-cash Charges, 

(iv) the amount of costs, expenses and fees paid to third parties during such period in connection with the transactions contemplated hereby
to occur on the Closing Date and post-closing matters related thereto in an aggregate amount, during the term of this Agreement, not to exceed $13,500,000, 

  
 13 

 (v) any premiums, expenses or charges (other than Consolidated Non-cash Charges) related to
any issuance or sale of Equity Interests, Investment, Acquisition, Disposition or recapitalization permitted to be made hereunder (whether consummated or not), 

(vi) any non-cash costs or expense incurred pursuant to any management equity plan or stock option plan or other management or employee
benefit plan or agreement or any stock subscription or shareholder agreement, 
 (vii) the amount of any minority interest expense
consisting of income of a Subsidiary attributable to minority equity interests of third parties in any non-wholly owned Subsidiary, net of any cash distributions made to such third parties in such period, 

(viii) any net after-tax extraordinary, nonrecurring or unusual losses (including cash severance costs); provided that, solely with respect to
cash losses added back pursuant to this clause (viii), Borrowers shall deliver to the Lenders supporting documentation reasonably satisfactory to the Required Lenders in respect of such cash losses, 

(ix) proceeds of business interruption insurance received in cash during such period, to the extent not already included in Consolidated Net
Income, and 
 (x) charges, losses or expenses to the extent indemnified, insured or reimbursed by a third party not an affiliate of a Loan
Party to the extent such indemnification, insurance or reimbursement is actually received in cash for such period, minus 
 (c)
without duplication, (i) any net after-tax extraordinary, non-recurring or unusual gains and any non-cash income or gain increasing Consolidated Net Income for such period, excluding any such items to the extent they represent (1) the
reversal in such period of an accrual of, or reserve for, potential cash expense in a prior period, (2) any non-cash gains with respect to cash actually received in a prior period to the extent such cash did not increase Consolidated Net Income
in a prior period or (3) items representing ordinary course accruals of cash to be received in future periods; plus (ii) any net gain from discontinued operations or net gains from the disposal of discontinued operations to
the extent increasing Consolidated Net Income. 
 For the purposes of calculating EBITDA for any period of twelve consecutive months (each,
a “Reference Period”), if at any time during such Reference Period (and on or after the Closing Date), any Loan Party or any of its Subsidiaries shall have made a Permitted Acquisition or a Disposition permitted hereunder, EBITDA
for such Reference Period shall be calculated after giving pro forma effect thereto as if any such Permitted Acquisition or Disposition (and any increase or decrease in the component financial definitions used in the calculation of EBITDA
attributable to any Permitted Acquisition or Disposition) occurred on the first day of such Reference Period. 
 “EEA Financial
Institution” means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which
is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this
definition and is subject to consolidated supervision with its parent. 
 “EEA Member Country” means any of the member
states of the European Union, Iceland, Liechtenstein and Norway. 

  
 14 

 “EEA Resolution Authority” means any public administrative authority or any
person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 

“Eligible Accounts” means those Accounts created by a Borrower in the ordinary course of its business, that arise out of such
Borrower’s rendition of services, that comply with each of the representations and warranties respecting Eligible Accounts made in the Loan Documents, and that are not excluded as ineligible by virtue of one or more of the excluding criteria
set forth below; provided, that such criteria may be revised from time to time by Agent in Agent’s Permitted Discretion to address the results of any information with respect to the Borrowers’ business or assets of which Agent
becomes aware after the Closing Date, including any field examination performed by or received by Agent from time to time after the Closing Date. In determining the amount to be included, Eligible Accounts shall be calculated net of customer
deposits, unapplied cash, taxes, finance charges, service charges, discounts, credits, allowances, and rebates. Eligible Accounts shall not include the following: 

(a) (i) Accounts that the Account Debtor has failed to pay within 60 days of due date not to exceed 90 days of invoice date and
(ii) up to $500,000 of Accounts that the Account Debtor has failed to pay within 60 days of the due date not to exceed 120 days of invoice date, 

(b) Accounts owed by an Account Debtor (or its Affiliates) where 50% or more of all Accounts owed by that Account Debtor (or its Affiliates)
are deemed ineligible under clause (a) above, 
 (c) Accounts with selling terms of more than 90 days, 

(d) Accounts with respect to which the Account Debtor is an Affiliate of any Borrower or an employee or agent of any Borrower or any Affiliate
of any Borrower, 
 (e) Accounts (i) arising in a transaction wherein goods are placed on consignment or are sold pursuant to a
guaranteed sale, a sale or return, a sale on approval, a bill and hold, or any other terms by reason of which the payment by the Account Debtor may be conditional, or (ii) with respect to which the payment terms are “C.O.D.”, cash on
delivery or other similar terms, 
 (f) Accounts that are not payable in Dollars, 

(g) Accounts with respect to which the Account Debtor either (i) does not maintain its chief executive office in the United States or
Canada, or (ii) is not organized under the laws of the United States or Canada or any state or province thereof, or (iii) is the government of any foreign country or sovereign state, or of any state, province, municipality, or other
political subdivision thereof, or of any department, agency, public corporation, or other instrumentality thereof, unless (A) the Account is supported by an irrevocable letter of credit reasonably satisfactory to Agent (as to form, substance,
and issuer or domestic confirming bank) that has been delivered to Agent and, if requested by Agent, is directly drawable by Agent, or (B) the Account is covered by credit insurance in form, substance, and amount, and by an insurer, reasonably
satisfactory to Agent, 
 (h) Accounts with respect to which the Account Debtor is either (i) the United States or any department,
agency, or instrumentality of the United States (exclusive, however, of Accounts with respect to which Borrowers have complied, to the reasonable satisfaction of Lender, with the Assignment of Claims Act, 31 USC §3727), or (ii) any state
of the United States or any other Governmental Authority, 

  
 15 

 (i) Accounts with respect to which the Account Debtor is a creditor of a Borrower, has or
has asserted a right of recoupment or setoff, or has disputed its obligation to pay all or any portion of the Account, solely to the extent of such claim, right of recoupment or setoff, or dispute, 

(j) (1) Accounts with respect to an Account Debtor (other than as set forth in clause (j)(2) below) whose Eligible Accounts owing to
Borrowers exceed 15% (such percentage, as applied to a particular Account Debtor, being subject to reduction by Agent in its Permitted Discretion if the creditworthiness of such Account Debtor deteriorates) of all Eligible Accounts, solely to the
extent of the obligations owing by such Account Debtor in excess of such percentage and (2) Accounts with respect to Concho Resources Inc. and its subsidiaries, BP America Production Company, Jagged Peak Energy Inc. and any other Account Debtor
approved by Agent in writing, whose Eligible Accounts owing to Borrowers exceed 25% (such percentage, as applied to such Account Debtor, being subject to reduction by Agent in its Permitted Discretion if the creditworthiness of such Account Debtor
deteriorates) of all Eligible Accounts, solely to the extent of the obligations owing by such Account Debtor in excess of such percentage; provided, that in each case, the amount of Eligible Accounts that are excluded because they exceed the
foregoing percentage shall be determined by Agent based on all of the otherwise Eligible Accounts prior to giving effect to any eliminations based upon the foregoing concentration limit, 

(k) Accounts with respect to which the Account Debtor is subject to an Insolvency Proceeding, is not Solvent, has gone out of business, or as
to which any Borrower has received notice of an imminent Insolvency Proceeding or a material impairment of the financial condition of such Account Debtor, 

(l) Accounts, the collection of which, Agent, in its Permitted Discretion, believes to be doubtful, including by reason of the Account
Debtor’s financial condition, 
 (m) Accounts that are not subject to a valid and perfected first priority Agent’s Lien, 

(n) Accounts (i) with respect to unearned or deferred revenue for which services have not yet been completed or (ii) with respect to
which the services giving rise to such Account have not been performed and billed to the Account Debtor, 
 (o) Accounts with respect to
which the Account Debtor is a Sanctioned Person or Sanctioned Entity, 
 (p) Accounts (i) that represent the right to receive progress
payments or other advance billings that are due prior to the completion of performance by the applicable Borrower of the subject contract for goods or services, or (ii) that represent credit card sales, 

(q) Accounts owned by a target acquired in connection with a Permitted Acquisition, or a Person that is joined to this Agreement as a Borrower
pursuant to the provisions of this Agreement or Accounts owned by Parent, in each case, until the completion of a field examination with respect to such Accounts, the results of which are, in each case, satisfactory to Agent in its Permitted
Discretion; or 
 (r) Accounts arising out of the sale of any Goods. 

“Eligible Transferee” means (a) a commercial bank organized under the laws of the United States, or any state thereof,
and having total assets in excess of $1,000,000,000, (b) a commercial bank organized under the laws of any other country which is a member of the Organization for Economic Cooperation and Development or a political subdivision of any such
country and which has total assets in excess of $1,000,000,000, provided that such bank is acting through a branch or agency located in the 

  
 16 

 
United States, (c) a finance company, insurance company, or other financial institution or fund that is engaged in making, purchasing, or otherwise investing in commercial loans in the
ordinary course of its business and having (together with its Affiliates) total assets in excess of $1,000,000,000, (d) any Affiliate (other than individuals) of a pre-existing Lender, (e) so long as no Event of Default has occurred and is
continuing, any other Person approved by Agent and Borrower (such approval by Borrower not to be unreasonably withheld, conditioned or delayed), and (f) during the continuation of an Event of Default, any other Person approved by Agent;
provided, that, no Disqualified Lender shall qualify as an Eligible Transferee. 
 “Environmental Action”
means any written complaint, summons, citation, notice, directive, order, claim, litigation, investigation, judicial or administrative proceeding, judgment, letter, or other written communication from any Governmental Authority, or any third party
involving violations of Environmental Laws or releases of Hazardous Materials (a) from any assets, properties, or businesses of any Loan Party, or any of their predecessors in interest, (b) from adjoining properties or businesses, or
(c) from or onto any facilities which received Hazardous Materials generated by any Loan Party, or any of their predecessors in interest. 

“Environmental Law” means any applicable federal, state, provincial, foreign or local statute, law, rule, regulation,
ordinance, code, binding and enforceable guideline, binding and enforceable written policy, or rule of common law now or hereafter in effect and in each case as amended, or any judicial or administrative interpretation thereof, including any
judicial or administrative order, consent decree or judgment, in each case, to the extent binding on any Loan Party, relating to the environment, the effect of the environment on employee health, or Hazardous Materials, in each case as amended from
time to time. 
 “Environmental Liabilities” means all liabilities, monetary obligations, losses, damages, costs and
expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any claim or demand, or
Remedial Action required, by any Governmental Authority or any third party, and which relate to any Environmental Action. 

“Environmental Lien” means any Lien in favor of any Governmental Authority for Environmental Liabilities. 

“Equipment” means equipment (as that term is defined in the UCC). 

“Equity Interests” means, with respect to a Person, all of the shares, options, warrants, interests, participations, or other
equivalents (regardless of how designated) of or in such Person, whether voting or nonvoting, including capital stock (or other ownership or profit interests or units), preferred stock, or any other “equity security” (as such term is
defined in Rule 3a11-1 of the General Rules and Regulations promulgated by the SEC under the Exchange Act). 
 “ERISA”
means the Employee Retirement Income Security Act of 1974, as amended, and any successor statute thereto. 
 “ERISA
Affiliate” means (a) any Person subject to ERISA that is treated as a single employer with any Loan Party or its Subsidiaries under IRC Section 414(b), (b) any trade or business subject to ERISA that is treated as a single
employer with any Loan Party or its Subsidiaries under IRC Section 414(c), (c) solely for purposes of Section 302 of ERISA and Section 412 of the IRC, any organization subject to ERISA that is a member of an affiliated service
group of which any Loan Party or any of its Subsidiaries is a member under IRC Section 414(m), or (d) solely for purposes of Section 302 of ERISA and Section 412 of the IRC, any Person subject to ERISA that is treated as a single
employer with any Loan Party or its Subsidiaries under IRC Section 414(o). 

  
 17 

 “ERISA Event” means (a) any Reportable Event as defined in
Section 4043(c) of ERISA or the regulations issued thereunder with respect to a Pension Plan, other than those events as to which the 30-day notice period has been waived; (b) a withdrawal by a Loan Party or any ERISA Affiliate from a
Pension Plan subject to Section 4063 of ERISA during a plan year in which it was a substantial employer (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations by any Loan Party or any ERISA Affiliate that is treated as
such a withdrawal from a Pension Plan under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by a Loan Party or any ERISA Affiliate from a Multiemployer Plan; (d) the filing of a notice of intent to terminate any Pension
Plan, other than in a standard termination pursuant to Section 4041(b) of ERISA, or the treatment of a Multiemployer Plan amendment as a termination under Section 4041A of ERISA, or the commencement of proceedings by the PBGC to terminate
a Pension Plan or Multiemployer Plan; (e) an event or condition which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan or Multiemployer Plan;
(f) with respect to a Pension Plan, the failure to satisfy the minimum funding standard of IRC Section 412 or Section 302 of ERISA, whether or not waived; (g) the failure of any Loan Party or any ERISA Affiliate to make any
required contribution to a Multiemployer Plan; (h) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon a Loan Party or any ERISA Affiliate; or
(i) the imposition of a Lien upon the property or any Loan Party or any ERISA Affiliate pursuant to the IRC or ERISA with respect to any Pension Plan, including pursuant to Section 430(k) of the IRC. 

“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any
successor person), as in effect from time to time. 
 “Event of Default” has the meaning specified therefor in Article
8 of this Agreement. 
 “Excess Availability” means at any time, the amount equal to (a) the lesser of the
Borrowing Base or the Maximum Credit minus (b) the Revolver Usage. 
 “Exchange Act” means the Securities Exchange Act
of 1934, as in effect from time to time. 
 “Existing Credit Facilities” means the credit facilities pursuant to
(a) the Credit Agreement, dated as of November 15, 2017, as amended, by and between the Target and Wells Fargo, and (b) the Second Amended and Restated Credit Agreement, dated as of July 14, 2017, as amended, by and among Parent,
CIT Finance LLC as agent, and others. 
 “Existing First Lien Note Purchase Agreement” means the First Lien Note Purchase
Agreement dated as of February 15, 2017, by and among the Target and the purchasers party thereto, as amended. 
 “Existing
Letters of Credit” means, collectively, the letters of credit set forth on Schedule 2.11. 
 “Existing Second Lien
Note Purchase Agreement” means the Amended and Restated Second Lien Note Purchase Agreement, dated as of February 15, 2017, by and among the Target and the purchasers party thereto, as amended. 

“Excluded Accounts” has the meaning specified thereafter in the Guaranty and Security Agreement. 

  
 18 

 “Excluded Collateral” means the following, except to the extent that any of
the following may be collateral for obligations under the Term Loan Documents: (a) shares of any Subsidiary that is a “CFC” in excess of sixty-five percent of all of the issued and outstanding shares of Equity Interests of such
Subsidiary entitled to vote (within the meaning of Treasury Regulation Section 1.956-2) to secure the Obligations if a pledge of a greater percentage would result in material adverse tax consequences to Parent or any other Loan Party,
(b) motor vehicles or other assets subject to a certificate of title statute, letter of credit rights (other than to the extent such rights can be perfected by filing a UCC-1 and commercial tort claims with a value less than $150,000),
(c) leasehold interests in Real Property, (d) Excluded Accounts, (e) any rights or interests in any contract, agreement, lease, permit, license, charter or license agreement, as such, if under the terms of such contract, agreement,
lease, permit, license, charter or license agreement covering real or personal property, or applicable law with respect thereto, the valid grant of a Lien thereon to Agent would constitute or result in a breach, termination or default under such
contract, agreement, lease, permit, license, charter or license agreement and such breach, termination or default has not been or is not waived or the consent of the other party to such contract, agreement, lease, permit, license, charter or license
agreement has not been or is not otherwise obtained or under applicable law such prohibition cannot be waived; provided, that, the foregoing exclusion shall in no way be construed (i) to apply if any such prohibition is unenforceable under
Sections 9-406, 9-407 or 9-408 of the Uniform Commercial Code or other applicable law or (ii) so as to limit, impair or otherwise affect Agent’s unconditional continuing liens on any rights or interests of a Loan Party in or to monies due
or to become due under any such contract, lease, permit, license, charter or license agreement, (f) any United States intent-to-use trademark applications to the extent that, and solely during the period in which, the grant of a lien thereon
would impair the validity or enforceability of such intent-to-use trademark applications under applicable federal law; provided, that, upon submission and acceptance by the U.S. Patent and Trademark Office of an amendment to allege use pursuant to
15 U.S.C. Section 1060(a), such intent-to-use trademark application shall be considered Collateral. Proceeds of Excluded Collateral shall be deemed Collateral, and (g) any property as to which Agent agrees (in consultation with the
Borrowers) that the costs of obtaining a security interest in, or Lien on, such property, or perfection thereof, are excessive in relation to the value to the Lender Group and the Bank Product Providers of the security interest to be afforded
thereby. Notwithstanding the foregoing, any and all proceeds of Excluded Collateral, to the extent that the proceeds are not themselves Excluded Collateral, shall be Collateral. 

“Excluded Domestic Holdco”: a Domestic Subsidiary substantially all of the assets of which (whether held directly or
indirectly) consist of Equity Interests of one or more Foreign Subsidiaries. 
 “Excluded Subsidiary” means any Subsidiary
that is (a) a Foreign Subsidiary, (b) a direct or indirect Subsidiary of a Foreign Subsidiary or an Excluded Domestic Holdco; (c) an Excluded Domestic Holdco, (d) a captive insurance company; (e) a not-for-profit Subsidiary;
(f) a Domestic Subsidiary that is a disregarded entity for U.S. federal income tax purposes and that owns Equity Interests of a Foreign Subsidiary; (g) prohibited or restricted by organizational documents or any contract existing on (but
not incurred in anticipation of) the Closing Date (or if such Subsidiary is acquired after the Closing Date, on the date of such acquisition (so long as such prohibition did not arise as part of, or in anticipation of, such acquisition)) or
applicable law (including any requirement to obtain the consent of a Governmental Authority) or third party consent that has not been obtained) from guaranteeing or granting Liens to secure the Obligations; (h) a Subsidiary of any of the
foregoing Subsidiaries (to the extent such Subsidiary satisfies the exceptions described in any of the foregoing clauses (a) through (h)); and (i) any other Subsidiary if a guaranty by such Subsidiary would (in the reasonable good faith
judgment of the Parent in consultation with the Agent) result in material adverse tax consequences to the Borrowers. Notwithstanding the foregoing, any Subsidiary that is a borrower or guarantor under the Term Loan Documents shall not be an Excluded
Subsidiary. 

  
 19 

 “Excluded Swap Obligation” means, with respect to any Loan Party, any Swap
Obligation if, and to the extent that, all or a portion of the guaranty of such Loan Party of, or the grant by such Loan Party of a security interest to secure, such Swap Obligation (or any guaranty thereof) is or becomes illegal under the Commodity
Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of such Guarantor’s failure for any reason to constitute an “eligible
contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the guaranty of such Loan Party or the grant of such security interest becomes effective with respect to such Swap Obligation. If a Swap
Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such Swap Obligation that is attributable to swaps for which such guaranty or security interest is or becomes illegal. 

“Excluded Taxes” means (a) any Tax imposed on the net income or net profits of any Lender, any Participant or any
Recipient Agent (including any franchise Taxes and branch profits Taxes), in each case (i) imposed as a result of such Lender, Participant or Recipient Agent being organized under the laws of, or having its principal office or, in the case of
any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) Taxes that would not have been imposed but for a Lender’s,
Participant’s or Recipient Agent’s failure to comply with the requirements of Section 16.2 of this Agreement, (c) any United States federal withholding Taxes that would be imposed on amounts payable to a Lender based upon
the applicable withholding rate in effect at the time such Lender becomes a party to this Agreement (or designates a new lending office, other than a designation made at the request of a Loan Party), except that Excluded Taxes shall not include
(i) any amount that such Lender (or its assignor, if any) was previously entitled to receive pursuant to Section 16.1 of this Agreement, if any, with respect to such withholding Tax at the time such Lender becomes a party to this
Agreement (or designates a new lending office), and (ii) additional United States federal withholding taxes that may be imposed after the time such Lender becomes a party to this Agreement (or designates a new lending office), as a result of a
change in law, rule, regulation, treaty, order or other decision or other Change in Law with respect to any of the foregoing by any Governmental Authority, and (d) any withholding Taxes imposed under FATCA. 

“FATCA” means Sections 1471 through 1474 of the IRC, as of the date of this Agreement (or any amended or successor version
that is substantively comparable and not materially more onerous to comply with), and (a) any current or future regulations or official interpretations thereof, (b) any agreements entered into pursuant to Section 1471(b)(1) of the IRC
(or any amended or successor version described above), and (c) any intergovernmental agreement entered into by the United States (or any fiscal or regulatory legislation, rules, or practices adopted pursuant to any such intergovernmental
agreement entered into in connection therewith) and a foreign government or one or more agencies thereof to implement the foregoing and any fiscal or regulatory legislation, rules or official practices adopted pursuant to such published
intergovernmental agreement, treaty or convention. 
 “FCPA” means the Foreign Corrupt Practices Act of 1977, as amended,
and the rules and regulations thereunder. 
 “Federal Funds Rate” means, for any period, a fluctuating interest rate per
annum equal to, for each day during such period, the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System, as published on the next succeeding Business Day by the Federal Reserve Bank of
New York, or, if such rate is not so published for any day which is a Business Day, the average of the quotations for such day on such transactions received by Agent from three Federal funds brokers of recognized standing selected by it (and, if any
such rate is below zero, then the rate determined pursuant to this definition shall be deemed to be zero). 

  
 20 

 “Fee Letter” means the fee letter, dated July 18, 2018, between Parent
and Wells Fargo. 
 “Fixed Charges” means, with respect to any fiscal period and with respect to Parent and its
Subsidiaries determined on a Consolidated basis in accordance with GAAP, the sum, without duplication, of (a) Consolidated Interest Charges required to be paid (other than interest paid-in-kind, amortization of financing fees, and other
non-cash Consolidated Interest Charges) during such period, plus (b) scheduled principal payments in respect of Indebtedness that are required to be paid during such period, plus (c) all amounts paid with respect to Earn-Outs during such
period, plus (d) solely for purposes of calculating the Fixed Charge Coverage Ratio as used in clause (b) of the definition of Payment Conditions, all Restricted Payments (whether in cash or other property, other than common Equity
Interests) during such period. 
 “Fixed Charge Coverage Ratio” means, with respect to any fiscal period and with respect
to Parent and its Subsidiaries determined on a consolidated basis in accordance with GAAP, the ratio of (a) EBITDA for the twelve month period ending on such date, minus Unfinanced Capital Expenditures made (to the extent not
already incurred in a prior period) or incurred during the twelve month period ending on such date, minus Consolidated Taxes paid in cash during the twelve (12) month period ending on such date, to (b) Fixed Charges for the
twelve (12) month period ending on such date. 
 “Flow of Funds Agreement” means a pay proceeds letter, dated as of
even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by Borrowers and Agent. 

“Foreign Subsidiary” means any Subsidiary other than a Domestic Subsidiary. 

“Fronting Fee” has the meaning specified therefor in Section 2.11(k) of this Agreement. 

“Funding Date” means the date on which a Borrowing occurs. 

“Funding Losses” has the meaning specified therefor in Section 2.12(c)(iii) of this Agreement. 

“GAAP” means generally accepted accounting principles as in effect from time to time in the United States, consistently
applied. 
 “General Intangible” means a general intangible (as that term is defined in the UCC). 

“Goods” means goods (as that term is defined in the UCC). 

“Governing Documents” means, with respect to any Person, the certificate or articles of incorporation or association,
memorandum of association, by-laws, or other organizational documents of such Person. 
 “Governmental Authority” means the
government of any nation or any political subdivision thereof, whether at the national, state, territorial, provincial, county, municipal or any other level, and any agency, authority, instrumentality, regulatory body, court, central bank or other
entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of, or pertaining to, government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Guarantor” means (a) each Person that guaranties all or a portion of the Obligations, including any Person that is a
“Guarantor” under the Guaranty and Security Agreement, and (b) each other Person that becomes a guarantor after the Closing Date pursuant to Section 5.11 of this Agreement, provided, that, “Guarantor” shall not
include any Excluded Subsidiary. 

  
 21 

 “Guaranty and Security Agreement” means a guaranty and security agreement,
dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent. 

“Hazardous Materials” means (a) substances that are defined or listed in, or otherwise classified pursuant to, any
applicable laws or regulations as “hazardous substances,” “hazardous materials,” “hazardous wastes,” “toxic substances,” or any other formulation intended to define, list, or classify substances by reason of
deleterious properties such as ignitability, corrosivity, reactivity, carcinogenicity, reproductive toxicity, or “EP toxicity”, (b) oil, petroleum, or petroleum derived substances, natural gas, natural gas liquids, synthetic gas,
drilling fluids, produced waters, and other wastes associated with the exploration, development, or production of crude oil, natural gas, or geothermal resources, (c) any flammable substances or explosives or any radioactive materials, and
(d) asbestos in any form or electrical equipment that contains any oil or dielectric fluid containing levels of polychlorinated biphenyls in excess of 50 parts per million. 

“Hedge Agreement” means a “swap agreement” as that term is defined in Section 101(53B)(A) of the Bankruptcy
Code. 
 “Hedge Obligations” means any and all obligations or liabilities, whether absolute or contingent, due or to become
due, now existing or hereafter arising, of Loan Parties arising under, owing pursuant to, or existing in respect of Hedge Agreements entered into with one or more of the Hedge Providers; provided that, anything to the contrary contained in the
foregoing notwithstanding, the Hedge Obligations shall exclude any Excluded Swap Obligation. 
 “Hedge Provider” means
Wells Fargo or any of its Affiliates. 
 “Increased Reporting Event” means if at any time Excess Availability is less than
12.5% of the Maximum Credit. 
 “Increased Reporting Period” means the period commencing upon the occurrence of an
Increased Reporting Event and continuing until the first day after such Increased Reporting Event that Excess Availability equals or exceeds 12.5% of the Maximum Credit; provided that, if Excess Availability is equal to or greater than 12.5% of the
Maximum Credit for at least thirty (30) consecutive days after such Increased Reporting Event, the Increased Reporting Event shall no longer be deemed to exist or be continuing until such time as Excess Availability may again be less than 12.5%
of the Maximum Credit. 
 “Indebtedness” as to any Person means (a) all obligations of such Person for borrowed money,
(b) all obligations of such Person evidenced by bonds, debentures, notes, or other similar instruments and all reimbursement or other obligations in respect of letters of credit, bankers acceptances, or other financial products, (c) all
obligations of such Person as a lessee under Capital Leases, (d) all obligations or liabilities of others secured by a Lien on any asset of such Person, irrespective of whether such obligation or liability is assumed, (e) all obligations
of such Person to pay the deferred purchase price of assets (other than trade payables incurred in the ordinary course of business and repayable in accordance with customary trade practices and, for the avoidance of doubt, other than royalty
payments payable in the ordinary course of business in respect of non-exclusive licenses) and any Earn-Out or similar obligations to the extent required to be recognized as a liability on the balance sheet of such Person under GAAP, (f) all
monetary obligations of such Person owing under Hedge Agreements (which amount shall be calculated based on the amount that would be payable by such Person if the Hedge Agreement were 

  
 22 

 
terminated on the date of determination), (g) any Disqualified Equity Interests of such Person, and (h) any obligation of such Person guaranteeing or intended to guarantee (whether
directly or indirectly guaranteed, endorsed, co-made, discounted, or sold with recourse) any obligation of any other Person that constitutes Indebtedness under any of clauses (a) through (g) above. For purposes of this definition,
(i) the amount of any Indebtedness represented by a guaranty or other similar instrument shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person
may be liable pursuant to the terms of the instrument embodying such Indebtedness, and (ii) the amount of any Indebtedness which is limited or is non-recourse to a Person or for which recourse is limited to an identified asset shall be valued
at the lesser of (A) if applicable, the limited amount of such obligations, and (B) if applicable, the fair market value of such assets securing such obligation. 

“Indemnified Liabilities” has the meaning specified therefor in Section 10.3 of this Agreement. 

“Indemnified Person” has the meaning specified therefor in Section 10.3 of this Agreement. 

“Insolvency Laws” means, collectively, the Bankruptcy Code, and any other applicable state, provincial, territorial or
federal bankruptcy or insolvency laws, each as now and hereafter in effect, any successors to such statutes and any other applicable insolvency or other similar law of any jurisdiction, including any law of any jurisdiction permitting a debtor to
obtain a stay or a compromise of the claims of its creditors against it and including any rules and regulations pursuant thereto. 

“Indemnified Taxes” means, (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by, or
on account of any obligation of, any Loan Party under any Loan Document, and (b) to the extent not otherwise described in the foregoing clause (a), Other Taxes. 

“Insolvency Proceeding” means any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or
under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other
similar relief. 
 “Intercreditor Agreement” means the Intercreditor Agreement, dated as of the Closing Date, among Agent
and Term Loan Agent, as amended, restated or modified from time to time in accordance with its terms. 
 “Interest Expense”
means, for any period, the aggregate of the interest expense of Parent and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP. 

“Interest Period” means, with respect to each LIBOR Rate Loan, a period commencing on the date of the making of such LIBOR
Rate Loan (or the continuation of a LIBOR Rate Loan or the conversion of a Base Rate Loan to a LIBOR Rate Loan) and ending one (1), two (2), three (3) or six (6) months thereafter; provided, that, (a) interest shall
accrue at the applicable rate based upon the LIBOR Rate from and including the first day of each Interest Period to, but excluding, the day on which any Interest Period expires, (b) any Interest Period that would end on a day that is not a
Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day, (c) with respect to an Interest Period
that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period), the Interest Period shall end on the last Business Day of the
calendar month that is one (1), two (2), three (3) or six (6) months after the date on which the Interest Period began, as applicable, and (d) Borrowers may not elect an Interest Period which will end after the Maturity Date. 

  
 23 

 “Inventory” means inventory (as that term is defined in the UCC). 

“Investment” means, with respect to any Person, any investment by such Person in any other Person (including Affiliates) in
the form of loans, guarantees, advances, capital contributions (excluding (a) commission, travel, and similar advances to officers and employees of such Person made in the ordinary course of business, and (b) bona fide accounts
receivable arising in the ordinary course of business), or acquisitions of Indebtedness, Equity Interests, or all or substantially all of the assets of such other Person (or of any division or business line of such other Person), and any other items
that are or would be classified as investments on a balance sheet prepared in accordance with GAAP. The amount of any Investment shall be the original cost of such Investment plus the cost of all additions thereto, without any
adjustment for increases or decreases in value, or write-ups, write-downs, or write-offs with respect to such Investment. 

“IRC” means the Internal Revenue Code of 1986, as in effect from time to time. 

“ISP” means, with respect to any Letter of Credit, the International Standby Practices 1998 (International Chamber of
Commerce Publication No. 590) and any version or revision thereof accepted by the Issuing Bank for use. 
 “Issuer
Document” means, with respect to any Letter of Credit, a letter of credit application, a letter of credit agreement, or any other document, agreement or instrument entered into (or to be entered into) by a Borrower in favor of Issuing Bank
and relating to such Letter of Credit. 
 “Issuing Bank” means Wells Fargo. 

“Joinder” means a joinder agreement substantially in the form of Exhibit J-1 to this Agreement. 

“Judgment Currency” has the meaning specified therefor in Section 17.15 of the Agreement. 

“Landlord Reserve” means, as to each location at which a Borrower has books and records located and as to which a Collateral
Access Agreement has not been received by Agent, a reserve in an amount equal to 3 months’ rent, storage charges, fees or other amounts under the lease or other applicable agreement relative to such location or, if greater and Agent so elects
in its Permitted Discretion, the number of months’ rent, storage charges, fees or other amounts for which the landlord or other property owner will have, under applicable law, a Lien to secure the payment of such amounts under the lease or
other applicable agreement relative to such location. 
 “Lender” has the meaning set forth in the preamble to this
Agreement, shall include Issuing Bank, and shall also include any other Person made a party to this Agreement pursuant to the provisions of Section 13.1 of this Agreement and “Lenders” means each of Lenders or any one or
more of them. 
 “Lender Group” means each of the Lenders (including Issuing Bank) and Agent or any one or more of them (as
the context requires). 
 “Lender Group Expenses” means all (a) costs or expenses (including taxes, and insurance
premiums) required to be paid by any Loan Party under any of the Loan Documents that are paid, advanced, or incurred by the Lender Group, (b) documented out-of-pocket fees or charges paid or incurred by Agent in connection with the Lender
Group’s transactions with any Loan Party under any of the Loan Documents, including, fees or charges for photocopying, notarization, couriers and messengers, telecommunication, public record searches (including tax lien, corporate, bankruptcy,
litigation, UCC searches and including searches with the patent and trademark office, the copyright office, or the 

  
 24 

 
department of motor vehicles), filing, recording, publication, real estate surveys, real estate title policies and endorsements, and environmental audits, (c) Agent’s customary fees and
charges imposed or incurred in connection with any background checks or OFAC/PEP searches related to any Loan Party or its Affiliates, (d) Agent’s customary fees and charges (as adjusted from time to time) with respect to the disbursement
of funds (or the receipt of funds) to or for the account of any Borrower (whether by wire transfer or otherwise), together with any documented out-of-pocket costs and expenses incurred in connection therewith, (e) customary charges imposed or
incurred by Agent resulting from the dishonor of checks payable by or to any Loan Party, (f) reasonable and documented out-of-pocket costs and expenses paid or incurred by the Lender Group to correct any default or enforce any provision of the
Loan Documents, or during the continuance of an Event of Default, in gaining possession of, maintaining, handling, preserving, storing, shipping, selling, preparing for sale, or advertising to sell the Collateral, or any portion thereof,
irrespective of whether a sale is consummated, (g) subject to Section 5.7(c), field examination fees and expenses (including travel, meals, and lodging) of Agent related to any field examinations or inspections to the extent of the fees
and charges (and up to the amount of any limitation) contained in this Agreement or the Fee Letter, (h) reasonable documented costs and out-of-pocket expenses (including reasonable and documented attorneys’ fees and expenses) related to
third party claims or any other suit or adverse proceeding paid or incurred by the Lender Group in enforcing or defending the Loan Documents or in connection with the transactions contemplated by the Loan Documents or the Lender Group’s
relationship with any Loan Party, (i) Agent’s reasonable and documented costs and out-of-pocket expenses (including reasonable and documented attorneys’ fees limited to a single counsel in the United States and any other jurisdiction
of a Loan Party or where its assets are located) incurred in advising, structuring, drafting, reviewing, administering (including travel, meals, and lodging), syndicating (including SyndTrak, Intralinks or other communications costs incurred in
connection with a syndication of the loan facilities), or amending, waiving or modifying the Loan Documents, and (j) Agent’s and each Lender’s reasonable and documented costs and out-of-pocket expenses (including reasonable and
documented outside attorneys, accountants, consultants, and other advisors fees and expenses) incurred in terminating, enforcing (including reasonable outside attorneys, accountants, consultants, and other advisors fees and expenses incurred in
connection with a “workout,” a “restructuring,” or an Insolvency Proceeding concerning any Loan Party or in exercising rights or remedies under the Loan Documents), or defending the Loan Documents, irrespective of whether suit or
other adverse proceeding is brought, or in taking any enforcement action or any Remedial Action concerning the Collateral. 

“Lender Group Representatives” has the meaning specified therefor in Section 17.9 of this Agreement. 

“Lender-Related Person” means, with respect to any Lender, such Lender, together with such Lender’s Affiliates,
officers, directors, employees, attorneys, and agents. 
 “Letter of Credit” means a letter of credit (as that term is
defined in the UCC) issued by Issuing Bank for the account of any Borrower, including the Existing Letters of Credit. 
 “Letter of
Credit Collateralization” means either (a) providing cash collateral (pursuant to documentation reasonably satisfactory to Agent (including that Agent has a first priority perfected Lien in such cash collateral), including provisions
that specify that the Letter of Credit Fees and all commissions, fees, charges and expenses provided for in Section 2.11(k) of this Agreement (including any fronting fees) will continue to accrue while the Letters of Credit are
outstanding) to be held by Agent for the benefit of the Revolving Lenders in an amount equal to one hundred five percent (105%) of the then existing Letter of Credit Usage, (b) delivering to Agent documentation executed by all
beneficiaries under the Letters of Credit, in form and substance reasonably satisfactory to Agent and Issuing Bank, terminating all of such beneficiaries’ rights under the Letters of Credit, or (c) providing Agent with a

  
 25 

 
standby letter of credit, in form and substance reasonably satisfactory to Agent, from a commercial bank acceptable to Agent (in its sole discretion) in an amount equal to one hundred five
percent (105%) of the then existing Letter of Credit Usage (it being understood that the Letter of Credit Fee and all fronting fees set forth in this Agreement will continue to accrue while the Letters of Credit are outstanding and that any
such fees that accrue must be an amount that can be drawn under any such standby letter of credit). 
 “Letter of Credit
Disbursement” means a payment made by Issuing Bank pursuant to a Letter of Credit. 
 “Letter of Credit Exposure”
means, as of any date of determination with respect to any Lender, such Lender’s participation in the Letter of Credit Usage pursuant to Section 2.11(e) on such date. 

“Letter of Credit Fee” has the meaning specified therefor in Section 2.6(b) of this Agreement. 

“Letter of Credit Indemnified Costs” has the meaning specified therefor in Section 2.11(f) of this Agreement.

 “Letter of Credit Related Person” has the meaning specified therefor in Section 2.11(f) of this Agreement.

 “Letter of Credit Sublimit” means $7,500,000. 

“Letter of Credit Usage” means, as of any date of determination, the sum of (a) the aggregate undrawn amount of all
outstanding Letters of Credit, plus (b) the aggregate amount of outstanding reimbursement obligations with respect to Letters of Credit which remain unreimbursed or which have not been paid through a Revolving Loan. 

“LIBOR Deadline” has the meaning specified therefor in Section 2.12(b)(i) of this Agreement. 

“LIBOR Notice” means a written notice in the form of Exhibit L-1 to this Agreement. 

“LIBOR Option” has the meaning specified therefor in Section 2.12(a) of this Agreement. 

“LIBOR Rate” means, in relation to any LIBOR Rate Loan, the rate per annum published by ICE Benchmark Administration Limited
(or any successor page or other commercially available source as Agent may designate from time to time) as of 11:00 a.m., London time, two (2) Business Days prior to the commencement of the requested Interest Period, for a term, and in an
amount, comparable to the Interest Period and the amount of the LIBOR Rate Loan requested (whether as an initial LIBOR Rate Loan or as a continuation of a LIBOR Rate Loan or as a conversion of a Base Rate Loan to a LIBOR Rate Loan) by Borrowers in
accordance with this Agreement (and, if any such published rate is below zero, then the rate determined pursuant to this clause (b) shall be deemed to be zero). Each determination of the LIBOR Rate shall be made by the Agent and shall be
conclusive in the absence of manifest error. 
 “LIBOR Rate Loan” means each portion of a Revolving Loan that bears
interest at a rate determined by reference to the LIBOR Rate. 
 “LIBOR Rate Margin” means the Applicable LIBOR Rate Margin
as set forth in the definition of the term Applicable Margin. 

  
 26 

 “Lien” means any mortgage, deed of trust, pledge, hypothecation,
assignment, charge, deposit arrangement, encumbrance, easement, lien (statutory or other), security interest, or other security arrangement and any other preference, priority, or preferential arrangement of any kind or nature whatsoever, including
any conditional sale contract or other title retention agreement, the interest of a lessor under a Capital Lease and any synthetic or other financing lease having substantially the same economic effect as any of the foregoing. 

“Loan Account” has the meaning specified therefor in Section 2.9(b) of this Agreement. 

“Loan” means any Revolving Loan or Special Advance made (or to be made) hereunder. 

“Loan Documents” means this Agreement, the Guaranty and Security Agreement and the other Collateral Documents, the Control
Agreements, any Borrowing Base Certificate, the Fee Letter, any Issuer Documents, the Intercreditor Agreement, the Letters of Credit, the Loan Managers Side Letter, the Patent Security Agreement, the Trademark Security Agreement, any note or notes
executed by Borrowers in connection with this Agreement and payable to any member of the Lender Group, and any other instrument or agreement entered into, now or in the future, by any Loan Party and any member of the Lender Group in connection with
this Agreement (but specifically excluding Bank Product Agreements). 
 “Loan Party” means any Borrower or any Guarantor.

 “Margin Stock” as defined in Regulation U of the Board of Governors of the Federal Reserve System as in effect from time
to time. 
 “Material Adverse Effect” means (a) a material adverse change in, or a material adverse effect upon, the
financial condition, results of operations, properties, assets or liabilities of the Loan Parties and their Subsidiaries, taken as a whole, (b) a material impairment of the rights and remedies of the Agent or any Lender under the Loan Documents
(including, without limitation, the Lender Group’s ability to enforce the Obligations or realize upon the Collateral), or of the ability of the Loan Parties, taken as a whole, to perform their obligations under the Loan Documents, (c) a
material adverse effect upon the legality, validity, binding effect or enforceability against the Loan Parties, taken as a whole, of the Loan Documents, or (d) a material adverse change in, or a material adverse effect upon, the enforceability
or priority of Agent’s Liens with respect to all or a material portion of the Collateral. 
 “Material Contract”
means, with respect to any Loan Party, (i) the Closing Date Merger Documents, and (ii) all other contracts or agreements, the loss of which could reasonably be expected to result in a Material Adverse Effect. 

“Maturity Date” means the earlier of (a) the maturity date under the Term Loan Agreement or (b) October 1,
2023. 
 “Maximum Credit” means $40,000,000, decreased by the amount of reductions in the Commitments made in accordance
with Section 2.4(c) of this Agreement. 
 “Moody’s” has the meaning specified therefor in the definition
of Cash Equivalents. 
 “Multiemployer Plan” means any employee benefit plan of the type described in
Section 4001(a)(3) of ERISA, to which any Loan Party or any ERISA Affiliate makes or is obligated to make contributions, during the preceding five plan years has made or been obligated to make contributions, or with respect to which any Loan
Party has any liability. 
 “Non-Consenting Lender” has the meaning specified therefor in Section 14.2(a) of
this Agreement. 

  
 27 

 “Non-Defaulting Lender” means each Lender other than a Defaulting Lender.

 “Obligations” means (a) all loans (including the Revolving Loans (including Special Advances)), debts, principal,
interest (including any interest that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), reimbursement or indemnification
obligations with respect to Letters of Credit (irrespective of whether contingent), premiums, liabilities (including all amounts charged to the Loan Account pursuant to this Agreement), obligations (including indemnification obligations), fees
(including the fees provided for in the Fee Letter), Lender Group Expenses (including any fees or expenses that accrue after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in
any such Insolvency Proceeding), guaranties, and all covenants and duties of any other kind and description owing by any Loan Party arising out of, under, pursuant to, in connection with, or evidenced by this Agreement or any of the other Loan
Documents and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, and including all interest not paid when due and all other expenses or other
amounts that any Loan Party is required to pay or reimburse by the Loan Documents or by law or otherwise in connection with the Loan Documents, and (b) all Bank Product Obligations; provided, that, anything to the contrary
contained in the foregoing notwithstanding, the Obligations shall exclude any Excluded Swap Obligation. Without limiting the generality of the foregoing, the Obligations of Borrowers under the Loan Documents include the obligation to pay
(i) the principal of the Revolving Loans, (ii) interest accrued on the Revolving Loans, (iii) the amount necessary to reimburse Issuing Bank for amounts paid or payable pursuant to Letters of Credit, (iv) Letter of Credit
commissions, fees (including fronting fees) and charges, (v) Lender Group Expenses, (vi) fees payable under this Agreement or any of the other Loan Documents, and (vii) indemnities and other amounts payable by any Loan Party under any
Loan Document. Any reference in this Agreement or in the Loan Documents to the Obligations shall include all or any portion thereof and any extensions, modifications, renewals, or alterations thereof, both prior and subsequent to any Insolvency
Proceeding. 
 “OFAC” means The Office of Foreign Assets Control of the U.S. Department of the Treasury. 

“Originating Lender” has the meaning specified therefor in Section 13.1(e) of this Agreement. 

“Other Connection Taxes” means, with respect to any Lender, Participant or Recipient Agent, Taxes imposed as a result of a
present or former connection between such Lender, Participant or Recipient Agent and the jurisdiction or taxing authority imposing the Tax (other than any such connection arising solely from such Lender or such Participant having executed, delivered
or performed its obligations, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced its rights or remedies under this Agreement or any other Loan Document). 

“Other Taxes” means all present or future stamp, court, or documentary, intangible, recording, filing, excise, or similar
Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such
Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 14.2). 

“Overadvance” means, as of any date of determination, that the Revolver Usage is greater than any of the limitations set
forth in Section 2.1 or Section 2.11. 
 “Parent” has the meaning specified therefor in the
preamble to this Agreement. 

  
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 “Participant” has the meaning specified therefor in
Section 13.1(e) of this Agreement. 
 “Pass-Through Tax Liabilities” means the amount of state and federal
income tax paid or to be paid by any direct or indirect owner of any Equity Interest in Administrative Borrower on taxable income earned by Administrative Borrower and attributable to such owner of such Equity Interest as a result of the
“pass-through” tax status of the Administrative Borrower (and, as applicable, any direct or indirect owner thereof), assuming the highest marginal income tax rate for federal and state income tax purposes of an individual residing in New
York County, New York, after taking into account any deduction for state income taxes in calculating the federal income tax liability and all other deductions, credits, deferrals and other reductions (including unused, unexpired prior year loss
carry-forwards) available to such owner of such Equity Interest from or through Administrative Borrower. 
 “Patent Security
Agreement” has the meaning specified therefor in the Guaranty and Security Agreement. 
 “Patriot Act” has the
meaning specified therefor in Section 4.13 of this Agreement. 
 “Payment Conditions” means, at the time of
determination with respect to any specified transaction or payment the following: 
 (a) as of the date of any such transaction or payment,
and after giving effect thereto, no Event of Default shall exist or have occurred and be continuing; 
 (b) as of the date of any such
transaction or payment, and after giving effect thereto, either: 
 (i) the Excess Availability for the immediately preceding thirty
(30) consecutive day period shall be not less twenty-five percent (25%) of the Maximum Credit and after giving effect to the transaction or payment, on a pro forma basis using the most recent calculation of the Borrowing Base immediately
prior to any such payment or transaction, the Excess Availability shall be not less than such amount; or 
 (ii) both (A) the Excess
Availability for the immediately preceding thirty (30) consecutive day period shall be not less than twenty percent (20%) of the Maximum Credit and after giving effect to the transaction or payment, on a pro forma basis using the most
recent calculation of the Borrowing Base immediately prior to any such payment or transaction, the Excess Availability shall be not less than such amount, and (B) as of the date of any such transaction or payment, and after giving effect
thereto, on a pro forma basis, the Fixed Charge Coverage Ratio of Parent and its Subsidiaries for the immediately preceding twelve (12) consecutive fiscal months ending on the last day of the applicable fiscal period prior to the date of such
payment or transaction for which Agent has received financial statements shall be at least 1.00 to 1.00; and 
 (c) Agent shall have received
a certificate of an Authorized Officer of Lead Borrower certifying as to compliance with the preceding clauses and demonstrating (in reasonable detail) the calculations required thereby. 

“PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in ERISA and any successor entity thereto
performing similar functions. 
 “Pension Plan” means any “employee pension benefit plan” (as such term is
defined in Section 3(2) of ERISA), other than a Multiemployer Plan, that is subject to Title IV of ERISA and is sponsored or maintained by any Loan Party or any ERISA Affiliate or to which any Loan Party or any ERISA Affiliate contributes or
has an obligation to contribute, or in the case of a multiple employer or other plan described in Section 4064(a) of ERISA, has made contributions at any time during the immediately preceding five (5) plan years. 

  
 29 

 “Perfection Certificate” means a certificate in the form of Exhibit
P-1 to this Agreement. 
 “Permitted Acquisition” means any Acquisition so long as: 

(a) each of the Payment Conditions shall be satisfied, 

(b) Lead Borrower has provided Agent with its due diligence package relative to the proposed Acquisition, including forecasted balance sheets,
profit and loss statements, and cash flow statements of the Person or assets to be acquired, all prepared on a basis consistent with such Person’s (or assets’) historical financial statements, together with appropriate supporting details
and a statement of underlying assumptions for the one (1) year period following the date of the proposed Acquisition, on a quarter by quarter basis), in form and substance (including as to scope and underlying assumptions) reasonably
satisfactory to Agent; provided that such diligence package shall only be required to be delivered by Borrowers for Acquisitions with a Purchase Price in excess of $5,000,000 and for any Acquisitions funded in whole or in part with proceeds of
Revolving Loans, 
 (c) Lead Borrower has provided Agent with written notice of the proposed Acquisition at least fifteen (15) Business
Days prior to the anticipated closing date of the proposed Acquisition and, not later than five (5) Business Days prior to the anticipated closing date of the proposed Acquisition, copies of the acquisition agreement and other material
documents relative to the proposed Acquisition, which agreement and documents must be reasonably acceptable to Agent, 
 (d) the assets being
acquired (other than a de minimis amount of assets in relation to Loan Parties’ total assets), or the Person whose Equity Interests are being acquired, are substantially similar to the business of Loan Parties or a business reasonably related
or incidental thereto, 
 (e) the subject assets or Equity Interests, as applicable, are being acquired directly by a Loan Party, and, in
connection therewith, the applicable Loan Party shall have complied with Section 5.11 or 5.12, as applicable, of this Agreement, 

(f) the assets being acquired (other than a de minimis amount of assets in relation to the assets being acquired) are located within the United
States or Canada or the Person whose Equity Interests are being acquired is organized in a jurisdiction located within the United States or Canada, and 

(g) such Acquisition shall not be hostile and shall have been approved by the board of directors (or other similar body) or the requisite
number of stockholders or other equityholders, as applicable, of the target as required by the governing documents of such target. 

“Permitted Discretion” means, with reference to Agent, a determination made in good faith in the exercise of its reasonable
business judgment based on how an asset-based lender with similar rights providing a credit facility of the type set forth in this Agreement would act in similar circumstances at the time with the information then available to it. 

“Permitted Dispositions” means: 

(a) sales, abandonment, or other Dispositions of Equipment (excluding Rig Fleet Equipment) that is substantially worn, damaged,
or obsolete or no longer used or useful in the ordinary course of business and leases or subleases of Real Property not useful in the conduct of the business of the Loan Parties and their Subsidiaries, 

  
 30 

 (b) sales of Inventory to buyers in the ordinary course of business, 

(c) the use or transfer of money or Cash Equivalents in a manner that is not prohibited by the terms of this Agreement or the
other Loan Documents, 
 (d) the licensing, on a non-exclusive basis, of patents, trademarks, copyrights, and other
intellectual property rights in the ordinary course of business, 
 (e) the granting of Permitted Liens, 

(f) the sale or discount, in each case without recourse, of accounts receivable (other than Eligible Accounts) arising in the
ordinary course of business, but only in connection with the compromise or collection thereof, 
 (g) any involuntary loss,
damage or destruction of property, 
 (h) any involuntary condemnation, seizure or taking, by exercise of the power of
eminent domain or otherwise, or confiscation or requisition of use of property, 
 (i) the leasing or subleasing of assets of
any Loan Party or its Subsidiaries in the ordinary course of business, 
 (j) the sale or issuance of Equity Interests (other
than Disqualified Equity Interests) of Borrowers, 
 (k) (i) the lapse of registered patents, trademarks, copyrights and
other intellectual property of any Loan Party or any of its Subsidiaries to the extent not economically desirable in the conduct of its business, or (ii) the abandonment of patents, trademarks, copyrights, or other intellectual property rights
in the ordinary course of business so long as (in each case under clauses (i) and (ii)), (A) with respect to copyrights, such copyrights are not material revenue generating copyrights, and (B) such lapse is not materially adverse to
the interests of the Lender Group, 
 (l) the making of Restricted Payments that are expressly permitted to be made pursuant
to this Agreement, 
 (m) the making of Permitted Investments, 

(n) so long as no Event of Default has occurred and is continuing or would immediately result therefrom, transfers of assets
(i) from any Loan Party or any of its Subsidiaries to a Loan Party, and (ii) from any Subsidiary of any Loan Party that is not a Loan Party to any other Subsidiary of any Loan Party, 

(o) dispositions of Equipment (excluding Rig Fleet Equipment) to the extent that (i) such property is exchanged for credit
against the purchase price of similar replacement property, or (ii) the net cash proceeds of such disposition are applied within 365 days following the applicable Loan Party’s or Subsidiary’s receipt of such net cash proceeds to the
purchase price of Equipment useful in the Loan Parties’ business (or are otherwise applied in accordance with the 

  
 31 

 
Term Loan Agreement); provided, that (A) to the extent the property being transferred constitutes Collateral, such replacement property shall constitute Collateral, (B) the
applicable Loan Party or its Subsidiary receives at least the fair market value of the assets so disposed, and (C) such net cash proceeds will not be used to prepay any Revolving Loans (except as otherwise permitted by the Intercreditor
Agreement), 
 (p) sales or other dispositions of Rig Fleet Equipment not to exceed $25,000,000 in the aggregate in any
fiscal year, so long as (i) no Default or Event of Default has occurred and is continuing or would immediately result therefrom, and (ii) each such sale or disposition is in an arm’s-length transaction with a third party and the
applicable Loan Party or its Subsidiary receives at least the fair market value of the assets so disposed, 
 (q) sales or
other dispositions of assets (excluding Rig Fleet Equipment, other Equipment and, except as permitted by clause (f) above, the sale or discount of accounts receivable) not otherwise permitted in clauses (a) through (q) above so long
as (i) no Default or Event of Default has occurred and is continuing or would immediately result therefrom, (ii) each such sale or disposition is in an arm’s-length transaction and the applicable Loan Party or its Subsidiary receives
at least the fair market value of the assets so disposed, and (iii) the consideration received by the applicable Loan Party or its Subsidiary consists of at least 75% cash and Cash Equivalents and is paid at the time of the closing of such sale
or disposition, and 
 (r) sales or other dispositions of assets (excluding Rig Fleet Equipment and, except as permitted by
clause (f) above, the sale or discount of accounts receivable) not otherwise permitted in clauses (a) through (q) above not exceeding $5,000,000 during the term of this Agreement. 

“Permitted Holder” means MSD Partners, L.P., MSD Credit Opportunity Master Fund, L.P., MSD Energy Investments, L.P., and
their respective Affiliates so long as Lenders shall have completed its Patriot Act searches, OFAC/PEP searches, and customary individual background checks and searches, as required by bank regulatory authorities under applicable “know your
customer” and anti-money laundering rules and regulations, the results of which shall be reasonably satisfactory to the Lenders. 

“Permitted Indebtedness” means: 

(a) Indebtedness in respect of the Obligations, 

(b) Indebtedness as of the Closing Date set forth on Schedule 4.14 to this Agreement and any Refinancing Indebtedness in respect of such
Indebtedness, 
 (c) Permitted Purchase Money Indebtedness and any Refinancing Indebtedness in respect of such Indebtedness, 

(d) Indebtedness arising in connection with the endorsement of instruments or other payment items for deposit, 

(e) Indebtedness consisting of (i) unsecured guarantees incurred in the ordinary course of business with respect to surety and appeal
bonds, performance bonds, bid bonds, appeal bonds, completion guarantee and similar obligations, and (ii) unsecured guarantees arising with respect to customary indemnification obligations to purchasers in connection with Permitted
Dispositions, 

  
 32 

 (f) Indebtedness incurred in the ordinary course of business in respect of credit cards,
credit card processing services, debit cards, stored value cards, commercial cards (including so-called “purchase cards”, “procurement cards” or “p-cards”), or Cash Management Services, 

(g) contingent liabilities in respect of any indemnification obligation, adjustment of purchase price, non-compete, or similar obligation of
any Loan Party incurred in connection with the consummation of one or more Permitted Acquisitions, 
 (h) to the extent constituting
Indebtedness, Permitted Investments, 
 (i) unsecured Indebtedness incurred in respect of netting services, overdraft protection, and other
like services, in each case, incurred in the ordinary course of business, 
 (j) unsecured Indebtedness of any Loan Party or its
Subsidiaries, in an aggregate outstanding amount not to exceed $10,000,000, in respect of Earn-Outs owing to sellers of assets or Equity Interests to such Loan Party or its Subsidiaries that is incurred in connection with the consummation of one or
more Permitted Acquisitions so long as such unsecured Indebtedness is on terms and conditions reasonably acceptable to the Required Lenders, 

(k) accrual of interest, accretion or amortization of original issue discount, or the payment of interest in kind, in each case, on
Indebtedness that otherwise constitutes Permitted Indebtedness, 
 (l) unsecured Indebtedness of any Loan Party owing to employees, former
employees, former officers, directors, or former directors (or any spouses, ex-spouses, or estates of any of the foregoing) incurred in connection with the repurchase or redemption by such Loan Party of the Equity Interests of ICD that has been
issued to such Persons permitted by Section 6.7, 
 (m) Indebtedness evidenced by the Term Loan Agreement in an aggregate
principal amount not to exceed the amount thereof permitted by the Intercreditor Agreement, 
 (n) Indebtedness owed to any Person to finance
property, casualty, liability or other insurance to any Loan Party or any of its Subsidiaries, so long as the amount of such Indebtedness is not in excess of the amount of the unpaid cost of, and shall be incurred only to defer the cost of, such
insurance for the year in which such Indebtedness is incurred and such Indebtedness is outstanding only during such year, 
 (o) the
incurrence by any Loan Party or its Subsidiaries of Indebtedness under Hedge Agreements that is incurred for the bona fide purpose of hedging the interest rate, commodity, or foreign currency risks associated with such Loan Party’s or such
Subsidiary’s operations and not for speculative purposes, 
 (p) unsecured Acquired Indebtedness in an amount not to exceed $15,000,000
outstanding at any one time so long as (i) the aggregate annual amortization with respect to such Acquired Indebtedness does not exceed 2.5% of the principal amount of such Acquired Indebtedness and (ii) such Acquired Indebtedness does not
have any principal payments being made prior to the date that is six (6) months after the Maturity Date, 
 (q) Subordinated
Indebtedness, and 
 (r) any other unsecured Indebtedness of any Borrower or any Subsidiary not covered by clauses (a) through
(o) above in an aggregate principal amount not to exceed $15,000,000. 

  
 33 

 “Permitted Intercompany Advances” means loans made by (a) a Loan Party
to another Loan Party, (b) a Subsidiary of a Loan Party that is not a Loan Party to another Subsidiary of a Loan Party that is not a Loan Party, and (c) a Subsidiary of a Loan Party that is not a Loan Party to a Loan Party, so long as the
parties thereto are party to an intercompany subordination agreement in form and substance reasonably satisfactory to Lender. 

“Permitted Investments” means: 

(a) Investments in cash and Cash Equivalents, 

(b) Investments in negotiable instruments deposited or to be deposited for collection in the ordinary course of business, 

(c) advances made in connection with purchases and acquisitions of Inventory, supplies, materials, equipment, goods, services, contract rights,
or licenses or leases of intellectual property, in each case, in the ordinary course of business, 
 (d) Investments received in settlement
of amounts due to any Loan Party or any of its Subsidiaries effected in the ordinary course of business or owing to any Loan Party or any of its Subsidiaries as a result of Insolvency Proceedings involving an account debtor or upon the foreclosure
or enforcement of any Lien in favor of a Loan Party or its Subsidiaries, 
 (e) Investments owned by any Loan Party or any of its
Subsidiaries on the Closing Date and set forth on Schedule P-1 to this Agreement, 
 (f) guarantees permitted under the definition of
“Permitted Indebtedness”, 
 (g) Permitted Intercompany Advances, 

(h) Equity Interests or other securities acquired in connection with the satisfaction or enforcement of Indebtedness or claims due or owing to
a Loan Party or its Subsidiaries (in bankruptcy of customers or suppliers or otherwise outside the ordinary course of business) or as security for any such Indebtedness or claims, 

(i) deposits of cash made in the ordinary course of business to secure performance of operating leases, 

(j) (i) non-cash loans and advances to employees, officers, and directors of a Loan Party or any of its Subsidiaries for the purpose of
purchasing Equity Interests in Parent so long as the proceeds of such loans are used in their entirety to purchase such Equity Interests in Parent, and (ii) loans and advances to employees and officers of a Loan Party or any of its Subsidiaries
in the ordinary course of business for any other business purpose and in an aggregate amount not to exceed $1,000,000 at any one time, 
 (k)
Permitted Acquisitions, 
 (l) Investments in the form of capital contributions and the acquisition of Equity Interests made by any Loan
Party in any other Loan Party (other than capital contributions to or the acquisition of Equity Interests of Parent), 

  
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 (m) Investments resulting from entering into (i) Bank Product Agreements or
(ii) Hedge Agreements permitted by clause (o) of the definition of “Permitted Indebtedness”, 
 (n) equity Investments by
any Loan Party in any Subsidiary of such Loan Party which is required by law to maintain a minimum net capital requirement or as may be otherwise required by applicable law, 

(o) Investments held by a Person acquired in a Permitted Acquisition to the extent that such Investments were not made in contemplation of or
in connection with such Permitted Acquisition and were in existence on the date of such Permitted Acquisition, 
 (p) Investments consisting
of non-cash consideration received in connection with Permitted Dispositions, so long as the non-cash consideration received in connection with any Permitted Disposition does not exceed 25% of the total consideration received in connection with such
Permitted Disposition, 
 (q) Investments consisting of the licensing or contribution of intellectual property, in each case, on a
non-exclusive basis, pursuant to joint marketing arrangements with other Persons, 
 (r) Investments consisting of earnest money deposits
required in connection with a purchase agreement, or letter of intent, or other acquisitions to the extent not otherwise prohibited hereunder, 

(s) contributions to a “rabbi” trust for the benefit of employees or other grantor trust subject to claims of creditors in the case
of a bankruptcy of any Loan Party or any of its Subsidiaries, 
 (t) so long as no Event of Default has occurred and is continuing or would
result therefrom, any other Investments in an aggregate amount not to exceed $5,000,000, and 
 (u) other Investments using cash or Cash
Equivalents; provided, that, each of the Payment Conditions shall be satisfied. 
 “Permitted Liens” means

 (a) Liens granted to, or for the benefit of, Agent to secure the Obligations, 

(b) Liens for unpaid taxes, assessments, or other governmental charges or levies that either (i) are not yet delinquent, or (ii) do
not have priority over Agent’s Liens and the underlying taxes, assessments, or charges or levies are the subject of Permitted Protests, 

(c) judgment Liens arising solely as a result of the existence of judgments, orders, or awards that do not constitute an Event of Default under
Section 8.3 of this Agreement, 
 (d) Liens set forth on Schedule P-2 to this Agreement; provided, that to qualify as a Permitted
Lien, any such Lien described on Schedule P-2 to this Agreement shall only secure the Indebtedness that it secures on the Closing Date and any Refinancing Indebtedness in respect thereof, 

(e) the interests of lessors under operating leases and non-exclusive licensors under license agreements, 

(f) Liens on fixed or capital assets or the interests of lessors under Capital Leases permitted under clause (c) of the definition of
“Permitted Indebtedness” and so long as (i) such Lien attaches only to the fixed asset purchased or acquired and the proceeds thereof, and (ii) such Lien only secures the Indebtedness that was incurred to acquire the fixed asset
purchased or acquired or any Refinancing Indebtedness in respect thereof, 

  
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 (g) Liens arising by operation of law in favor of warehousemen, landlords, carriers,
mechanics, materialmen, laborers, or suppliers, incurred in the ordinary course of business and not in connection with the borrowing of money, and which Liens either (i) are for sums not yet delinquent, or (ii) are the subject of Permitted
Protests, 
 (h) Liens on amounts deposited to secure Parent’s and its Subsidiaries’ obligations in connection with worker’s
compensation or other unemployment insurance, 
 (i) Liens on amounts deposited to secure Parent’s and its Subsidiaries’
obligations in connection with the making or entering into of bids, tenders, or leases in the ordinary course of business and not in connection with the borrowing of money, 

(j) Liens on amounts deposited to secure ICD’s and its Subsidiaries’ reimbursement obligations with respect to surety or appeal bonds
obtained in the ordinary course of business, 
 (k) with respect to any Real Property, easements, rights of way, and zoning restrictions that
do not materially interfere with or impair the use or operation thereof, 
 (l) non-exclusive licenses of patents, trademarks, copyrights,
and other intellectual property rights in the ordinary course of business, 
 (m) Liens that are replacements of Permitted Liens to the
extent that the original Indebtedness is the subject of permitted Refinancing Indebtedness and so long as the replacement Liens only encumber those assets that secured the original Indebtedness, 

(n) rights of setoff or bankers’ liens upon deposits of funds in favor of banks or other depository institutions, solely to the extent
incurred in connection with the maintenance of such Deposit Accounts in the ordinary course of business, 
 (o) Liens solely on any cash
earnest money deposits made by a Loan Party or any of its Subsidiaries in connection with any letter of intent or purchase agreement with respect to a Permitted Acquisition, 

(p) Liens on Collateral securing the Indebtedness permitted under clause (m) of the definition of “Permitted Indebtedness” to
the extent such Liens are subject to the Intercreditor Agreement, and 
 (q) Liens granted in the ordinary course of business on the unearned
portion of insurance premiums securing the financing of insurance premiums to the extent (i) such financing is permitted under clause (n) the definition of “Permitted Indebtedness” and (ii) the aggregate amount of
Indebtedness secured by such Liens does not exceed $5,000,000. 
 “Permitted Protest” means the right of any Loan Party or
any of its Subsidiaries to protest any Lien (other than any Lien that secures the Obligations), taxes (other than payroll taxes or taxes that are the subject of a United States federal tax lien), or rental payment; provided, that (a) a
reserve with respect to such obligation is established on such Loan Party’s or its Subsidiaries’ books and records in such amount as is required under GAAP, (b) any such protest is instituted promptly and prosecuted diligently by such
Loan Party or its Subsidiary, as applicable, in good faith, and (c) Agent is reasonably satisfied that, while any such protest is pending, there will be no impairment of the enforceability, validity, or priority of any of Agent’s Liens.

  
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 “Permitted Purchase Money Indebtedness” means, as of any date of
determination, Indebtedness (other than the Obligations, but including Capitalized Lease Obligations), at the time of, or within 60 days after, the acquisition of any fixed assets (other than Rig Fleet Equipment) for the purpose of financing all or
any part of the acquisition cost thereof, in an aggregate principal amount outstanding not in excess of $15,000,000 at any one time. 

“Person” means natural persons, corporations, limited liability companies, unlimited liability company, limited partnerships,
general partnerships, limited liability partnerships, joint ventures, trusts, land trusts, business trusts, or other organizations, irrespective of whether they are legal entities, and governments and agencies and political subdivisions thereof.

 “Projections” means the Loan Parties’ forecasted (a) balance sheets, (b) profit and loss statements, and
(c) cash flow statements, all prepared on a basis consistent with Lead Borrower’s historical financial statements, together with appropriate supporting details and a statement of underlying assumptions. 

“Pro Rata Share” means, as of any date of determination: 

(a) with respect to a Lender’s obligation to make all or a portion of the Revolving Loans, with respect to such Lender’s right to
receive payments of interest, fees, and principal with respect to the Revolving Loans, and with respect to all other computations and other matters related to the Commitments or the Revolving Loans, the percentage obtained by dividing (i) the
Revolving Loan Exposure of such Lender, by (ii) the aggregate Revolving Loan Exposure of all Lenders, 
 (b) with respect to a
Lender’s obligation to participate in the Letters of Credit, with respect to such Lender’s obligation to reimburse Issuing Bank, and with respect to such Lender’s right to receive payments of Letter of Credit Fees, and with respect to
all other computations and other matters related to the Letters of Credit, the percentage obtained by dividing (i) the Revolving Loan Exposure of such Lender, by (ii) the aggregate Revolving Loan Exposure of all Lenders; provided,
that, if all of the Revolving Loans have been repaid in full and all Commitments have been terminated, but Letters of Credit remain outstanding, Pro Rata Share under this clause shall be the percentage obtained by dividing (A) the Letter
of Credit Exposure of such Lender, by (B) the Letter of Credit Exposure of all Lenders, and 
 (c) with respect to all other matters and
for all other matters as to a particular Lender (including the indemnification obligations arising under Section 15.7 of this Agreement), the percentage obtained by dividing (i) the Revolving Loan Exposure of such Lender, by
(ii) the aggregate Revolving Loan Exposure of all Lenders, in any such case as the applicable percentage may be adjusted by assignments permitted pursuant to Section 13.1; provided, that, if all of the Loans have been
repaid in full and all Commitments have been terminated, Pro Rata Share under this clause shall be the percentage obtained by dividing (A) the Letter of Credit Exposure of such Lender, by (B) the Letter of Credit Exposure of all Lenders.

 “Protective Advances” has the meaning specified therefor in Section 2.3(d)(i) of this Agreement. 

“Purchase Money Indebtedness” means Indebtedness (other than the Obligations, but including Capitalized Lease Obligations),
incurred at the time of, or within sixty (60) days after, the acquisition of any fixed assets for the purpose of financing all or any part of the acquisition cost thereof. 

  
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 “Purchase Price” means, with respect to any Acquisition, an amount equal to
the aggregate consideration, whether cash, property or securities (including the maximum amount of Earn-Outs), paid or delivered by a Loan Party in connection with such Acquisition (whether paid at the closing thereof or payable thereafter and
whether fixed or contingent), but excluding therefrom (a) any cash of the seller and its Affiliates used to fund any portion of such consideration, and (b) any cash or Cash Equivalents acquired in connection with such Acquisition. 

“Qualified ECP Guarantor” means, in respect of any Swap Obligation, each Guarantor that has total assets exceeding
$10,000,000 at the time the relevant guaranty, keepwell, or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the
Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity
Exchange Act. 
 “Qualified Equity Interests” means and refers to any Equity Interests issued by Parent (and not by one or
more of its Subsidiaries) that is not a Disqualified Equity Interest. 
 “Quarterly Average Excess Availability” means, at
any time, the daily average of the aggregate amount of the Excess Availability for the immediately preceding calendar quarter, commencing on the first day of such calendar quarter. 

“Real Property” means any estates or interests in real or immovable property now owned or hereafter acquired by any Loan
Party and the improvements thereto. 
 “Receivable Reserves” means, as of any date of determination, those reserves that
Agent deems necessary or appropriate, in its Permitted Discretion and subject to Section 2.1(c), to establish and maintain (including Landlord Reserves for books and records locations and reserves for rebates, discounts, warranty claims,
and returns) with respect to the Eligible Accounts or the Maximum Credit. 
 “Recipient Agent” means an agent that receives
payments on behalf of the Lenders and the Participants. 
 “Record” means information that is inscribed on a tangible
medium or that is stored in an electronic or other medium and is retrievable in perceivable form. 
 “Refinancing” means,
collectively, substantially concurrently with the consummation of the Closing Date Merger, the repayment in full of all indebtedness under each of the Existing Credit Facilities, and the release of any Liens securing such indebtedness;
provided that the foregoing shall not be construed to require the termination of any of the Existing Letters of Credit. 

“Refinancing Indebtedness” means refinancings, renewals, or extensions of Indebtedness (other than Indebtedness in respect of
the Obligations) so long as: 
 (a) such refinancings, renewals, or extensions do not result in an increase in the principal amount of the
Indebtedness so refinanced, renewed, or extended, other than by the amount of premiums paid thereon and the fees and expenses incurred in connection therewith and by the amount of unfunded commitments with respect thereto, 

(b) such refinancings, renewals, or extensions do not result in a shortening of the final maturity date or the average weighted maturity
(measured as of the refinancing, renewal, or extension) of the Indebtedness so refinanced, renewed, or extended, nor (except in the case of Term Loan Indebtedness) are they on terms or conditions that, taken as a whole, are or could reasonably be
expected to be materially adverse to the interests of the Lenders nor (in the case of Term Loan Indebtedness) are they on terms and conditions which contravene the Intercreditor Agreement, 

  
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 (c) if the Indebtedness that is refinanced, renewed, or extended was subordinated in right
of payment to the Obligations, then the terms and conditions of the refinancing, renewal, or extension must include subordination terms and conditions that are at least as favorable to the Lender Group as those that were applicable to the
refinanced, renewed, or extended Indebtedness, 
 (d) the Indebtedness that is refinanced, renewed, or extended is not recourse to any Person
that is liable on account of the Obligations other than those Persons which were obligated with respect to the Indebtedness that was refinanced, renewed, or extended, 

(e) if the Indebtedness that is refinanced, renewed or extended was unsecured, such refinancing, renewal or extension shall be unsecured, and

 (f) if the Indebtedness (other than Term Loan Indebtedness) that is refinanced, renewed, or extended was secured (i) such
refinancing, renewal, or extension shall be secured by substantially the same or less collateral as secured such refinanced, renewed or extended Indebtedness on terms no less favorable to the Agent or the Lender Group, and (ii) the Liens
securing such refinancing, renewal or extension shall not have a priority more senior than the Liens securing such Indebtedness that is refinanced, renewed or extended; 

(g) if the Indebtedness that is refinanced, renewed or extended was Term Loan Indebtedness, any Liens securing such refinancing, renewal or
extension shall be subject to the Intercreditor Agreement (or another intercreditor agreement in form and substance acceptable to Agent). 

“Related Fund” means any Person (other than a natural person) that is engaged in making, purchasing, holding or investing in
bank loans and similar extensions of credit in the ordinary course and that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender, or (c) an entity or an Affiliate of an entity that administers, advises or
manages a Lender. 
 “Remedial Action” means all actions taken to (a) clean up, remove, remediate, contain, treat,
monitor, assess, evaluate, or in any way address Hazardous Materials in the indoor or outdoor environment, (b) prevent or minimize a release or threatened release of Hazardous Materials so they do not migrate or endanger or threaten to endanger
public health or welfare or the indoor or outdoor environment, (c) restore or reclaim natural resources or the environment, (d) perform any pre-remedial studies, investigations, or post-remedial operation and maintenance activities, or
(e) conduct any other actions with respect to Hazardous Materials required by Environmental Laws. 
 “Replacement
Lender” has the meaning specified therefor in Section 2.13(b) of this Agreement. 
 “Report” has the
meaning specified therefor in Section 15.16(a) of this Agreement. 
 “Required Lenders” means, at any time,
Lenders having or holding more than fifty percent (50%) of the aggregate Revolving Loan Exposure of all Lenders; provided, that, (i) the Revolving Loan Exposure of any Defaulting Lender shall be disregarded in the
determination of the Required Lenders, and (ii) at any time there are two or more Lenders (who are not Affiliates of one another or Defaulting Lenders), “Required Lenders” must include at least two Lenders (who are not Affiliates of
one another). 

  
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 “Reserves” means, as of any date of determination, Bank Product Reserves,
Receivables Reserves, Dilution Reserve, and those other reserves that Agent deems necessary or appropriate, in its Permitted Discretion and subject to Section 2.1(c), to establish and maintain (including reserves with respect to
(a) sums that any Loan Party or its Subsidiaries are required to pay under any Section of this Agreement or any other Loan Document (such as taxes, assessments, insurance premiums, or, in the case of leased assets, rents or other amounts
payable under such leases) and has failed to pay, and (b) amounts owing by any Loan Party or its Subsidiaries to any Person to the extent secured by a Lien on, or trust over, any of the Collateral (other than a Permitted Lien), which Lien or
trust, in the Permitted Discretion of Agent likely would have a priority superior to Agent’s Liens (such as Liens or trusts in favor of landlords, warehousemen, carriers, mechanics, materialmen, laborers, or suppliers, or Liens or trusts for ad
valorem, excise, sales, or other taxes where given priority under applicable law) in and to such item of the Collateral) with respect to the Borrowing Base or the Maximum Credit. 

“Restricted Payment” means (a) any declaration or payment of any dividend or the making of any other payment or
distribution, directly or indirectly, on account of Equity Interests issued by any Loan Party or any of its Subsidiaries (including any payment in connection with any merger or consolidation involving any Loan Party or any of its Subsidiaries) or to
the direct or indirect holders of Equity Interests issued by any Loan Party or any of its Subsidiaries in their capacity as such (other than dividends or distributions payable in Qualified Equity Interests issued by any Loan Party or any of its
Subsidiaries), or (b) any purchase, redemption, making of any sinking fund or similar payment, or other acquisition or retirement for value (including in connection with any merger or consolidation involving any Loan Party or any of its
Subsidiaries) any Equity Interests issued by any Loan Party or any of its Subsidiaries, or (c) any making of any payment to retire, or to obtain the surrender of, any outstanding warrants, options, or other rights to acquire Equity Interests of
any Loan Party now or hereafter outstanding. 
 “Revolver Usage” means, as of any date of determination, the sum of
(a) the amount of outstanding Revolving Loans (inclusive of Protective Advances), plus (b) the amount of the Letter of Credit Usage. 

“Revolving Loan Exposure” means, with respect to any Revolving Lender, as of any date of determination (a) prior to the
termination of the Commitments, the amount of such Lender’s Commitment, and (b) after the termination of the Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender. 

“Revolving Loans” has the meaning specified in Section 2.1(a) of this Agreement. 

“Rig” means any land-based drilling and workover rig owned by any Loan Party, together with all Rig Accessories that are
installed on or affixed to such Rig. 
 “Rig Accessories” means pumps, drilling equipment, machinery, equipment, forklifts,
bulldozers and other parts necessary or useful for the drilling operation of any Rig. 
 “Rig Fleet Equipment” means any
Loan Party’s Rigs and partial Rigs and any Loan Party’s Equipment related to such Rigs and partial Rigs. 
 “Sanctioned
Entity” means (a) a country or territory or a government of a country or territory, (b) an agency of the government of a country or territory, (c) an organization directly or indirectly controlled by a country or territory or
its government, or (d) a Person resident in or determined to be resident in a country or territory, in each case of clauses (a) through (d) that is a target of Sanctions, including a target of any country sanctions program
administered and enforced by OFAC. 

  
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 “Sanctioned Person” means, at any time, (a) any a Person named on the
list of Specially Designated Nationals and Blocked Persons maintained by OFAC, OFAC’s consolidated Non-SDN list or any other Sanctions-related list maintained by any relevant Governmental Authority, (b) a Person or legal entity that is a
target of Sanctions, (c) any Person operating, organized or resident in a Sanctioned Entity, or (d) any Person directly or indirectly owned or controlled (individually or in the aggregate) by or acting on behalf of any such Person or
Persons described in clauses (a) through (c) above. 
 “Sanctions” means individually and collectively,
respectively, any and all economic sanctions, trade sanctions, financial sanctions, sectoral sanctions, secondary sanctions, trade embargoes anti-terrorism laws and other sanctions laws, regulations or embargoes, including those imposed,
administered or enforced from time to time by: (a) the United States of America, including those administered by OFAC, the U.S. Department of State, the U.S. Department of Commerce, or through any existing or future executive order,
(b) the United Nations Security Council, (c) the European Union or any European Union member state, (d) Her Majesty’s Treasury of the United Kingdom, or (e) any other Governmental Authority with jurisdiction over any member
of the Lender Group, Bank Product Provider, Hedge Provider or any Loan Party or any of their respective Subsidiaries. 

“S&P” has the meaning specified therefor in the definition of Cash Equivalents. 

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

“Securities Account” means a securities account (as that term is defined in the UCC). 

“Securities Act” means the Securities Act of 1933, as amended from time to time, and any successor statute. 

“Sellers” means the owners of the Equity Interests of the Target immediately before giving effect to the Closing Date Merger.

 “Settlement” has the meaning specified therefor in Section 2.3(e)(i) of this Agreement. 

“Settlement Date” has the meaning specified therefor in Section 2.3(e)(i) of this Agreement. 

“Solvent” means, with respect to any Person as of any date of determination, that (a) at fair valuations, the sum of
such Person’s debts (including contingent liabilities) is less than all of such Person’s assets, (b) such Person is not engaged or about to engage in a business or transaction for which the remaining assets of such Person are
unreasonably small in relation to the business or transaction or for which the property remaining with such Person is an unreasonably small capital, (c) such Person has not incurred and does not intend to incur, or reasonably believe that it
will incur, debts beyond its ability to pay such debts as they become due (whether at maturity or otherwise), and (d) such Person is “solvent” or not “insolvent”, as applicable within the meaning given those terms and
similar terms under applicable laws relating to fraudulent transfers and conveyances. For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and
circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under Statement of Financial
Accounting Standard No. 5). 
 “Special Advances” has the meaning specified therefor in
Section 2.3(d)(iii) of this Agreement. 

  
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 “Specified Equity Contribution” means cash equity contributions (which if
in the form of preferred equity shall be on terms and conditions reasonably acceptable to Agent) made directly or indirectly by a Person (other than a Loan Party) to Parent as a cash equity contribution in accordance with
Section 7.2, which equity contribution is added to EBITDA for the purposes of calculating compliance with Section 7.1. 

“Specified Event of Default” means (a) any Event of Default arising under Section 8.1 of the Agreement,
(b) any Event of Default arising under Section 8.4 of the Agreement, (c) any Event of Default arising under Section 8.5 of the Agreement, (d) any Event of Default arising under Section 8.2(a) of the
Agreement resulting from the failure to comply with Section 5.2 of the Agreement (with respect to delivery of each of the items set forth in clauses (a) through (h) of Schedule 5.2 to the Agreement), (e) any Event
of Default arising under Section 8.2(a) of the Agreement resulting from the failure to comply with Section 7(k) of the Guaranty and Security Agreement, (f) any Event of Default arising under Section 8.2(a)
arising from the failure to comply with Section 7 of the Agreement and (g) any Event of Default arising under Section 8.7 of the Agreement resulting from any representation or warranty under Section 4.22 of
the Agreement being untrue. 
 “Specified Representations” means the representations and warranties made by the Parent and
its Subsidiaries in Section 4.1(a)(i), 4.2(a), 4.2(b)(i) (as it relates to no conflict with the Governing Documents of any Loan Party and laws or regulations applicable to any Loan Party), 4.2(b)(ii) (as it relates to no conflict with Material
Contracts that relate to Indebtedness), 4.4(a) (in each case, as it relates to the due authorization, execution, delivery and performance of the Loan Documents and enforceability thereof), 4.4(b), 4.9, 4.13, 4.16, 4.17 or 4.18 of this Agreement.

 “Standard Letter of Credit Practice” means, for Issuing Bank, any domestic or foreign law or letter of credit practices
applicable in the city in which Issuing Bank issued the applicable Letter of Credit or, for its branch or correspondent, such laws and practices applicable in the city in which it has advised, confirmed or negotiated such Letter of Credit, as the
case may be, in each case, (a) which letter of credit practices are of banks that regularly issue letters of credit in the particular city, and (b) which laws or letter of credit practices are required or permitted under ISP or UCP, as
chosen in the applicable Letter of Credit. 
 “Subordinated Indebtedness” means any unsecured Indebtedness of Loan Parties
incurred from time to time (a) that is subordinated in right of payment (which, for the avoidance of doubt, shall include a restriction on all cash payments with respect to such Indebtedness) to the Obligations, (b) that is not guaranteed
by any Subsidiaries other than Loan Parties, (c) that is not subject to scheduled amortization, redemption, sinking fund or similar payment and does not have a final maturity, in each case, on or before the date that is six months after the
Maturity Date, (d) that does not include any financial covenants or any covenant or agreement that is more restrictive or onerous on any Loan Party in any material respect than any comparable covenant in the Agreement and is otherwise on terms
and conditions reasonably acceptable to Agent, (e) limited to cross-payment default and cross-acceleration to designated “senior debt” (including the Obligations), and (f) that is subject to a subordination agreement, in form and
substance reasonably acceptable to Agent. 
 “Subordination Provisions” has the meaning specified therefor in
Section 8.13 of this Agreement. 
 “Subsidiary” of a Person means a corporation, partnership, limited liability
company, or other entity in which that Person directly or indirectly owns or controls the Equity Interests having ordinary voting power to elect a majority of the board of directors (or appoint other comparable managers) of such corporation,
partnership, limited liability company, or other entity. 

  
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 “Supermajority Lenders” means, at any time, Revolving Lenders having or
holding more than sixty-six and two-thirds percent (66 2/3%) of the aggregate Revolving Loan Exposure of all Lenders; provided, that, (i) the Revolving Loan Exposure of any Defaulting Lender shall be disregarded in the
determination of the Supermajority Lenders, and (ii) at any time there are two or more Lenders (who are not Affiliates of one another), “Supermajority Lenders” must include at least two Lenders (who are not Affiliates of one another
or Defaulting Lenders). 
 “Swap Obligation” means, with respect to any Loan Party, any obligation to pay or perform under
any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act. 

“Target” means Sidewinder Drilling LLC, a Delaware limited liability company. 

“Taxes” means any taxes, levies, imposts, duties, fees, assessments or other charges of whatever nature now or hereafter
imposed by any jurisdiction or by any political subdivision or taxing authority thereof or therein, and all interest, penalties or additions to tax with respect thereto. 

“Tax Lender” has the meaning specified therefor in Section 14.2(a) of this Agreement. 

“Term Loan Agent” means U.S. Bank National Association, in its capacity as agent under the Term Loan Agreement and the other
Term Loan Documents and its successors and assigns, together with any replacement or successor agent thereunder. 
 “Term Loan
Agreement” means the Credit Agreement, dated of even date herewith, by and among Term Loan Agent, Term Loan Lenders, Parent and certain of its affiliates (as the same may be subsequently amended, restated, refinanced, replaced, extended,
renewed or restructured in accordance with the provisions hereof and the terms of the Intercreditor Agreement). 
 “Term Loan
Documents” means, collectively, the following; (a) the Term Loan Agreement and (b) all agreements, documents and instruments at any time executed and/or delivered in connection therewith. 

“Term Loan Lenders” means those certain financial institutions from time to time party to the Term Loan Agreement as lenders.

 “Term Priority Collateral” has the meaning specified therefor in the Intercreditor Agreement. 

“Trademark Security Agreement” has the meaning specified therefor in the Guaranty and Security Agreement. 

“Transactions” means, collectively, the Closing Date Merger, the Refinancing, the credit facility under the Term Loan
Agreement, the credit facility under this Agreement, the Conversion and Release, and the other transactions related to the foregoing. 

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

“UCP” means, with respect to any Letter of Credit, the Uniform Customs and Practice for Documentary Credits 2007 Revision,
International Chamber of Commerce Publication No. 600 and any version or revision thereof accepted by Issuing Bank for use. 

“Unfinanced Capital Expenditures” means Capital Expenditures (a) not financed with the proceeds of any incurrence of
Indebtedness (other than the incurrence of any Revolving Loans), the proceeds of any sale or issuance of Equity Interests or equity contributions, the proceeds of any asset sale, or any insurance proceeds, and (b) that are not reimbursed by a
third person (excluding any Loan Party or any of its Affiliates) in the period such expenditures are made pursuant to a written agreement. 

  
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 “United States” means the United States of America. 

“Unused Line Fee” has the meaning specified therefor in Section 2.10(b) of this Agreement. 

“US Dollars” or “$” means the lawful currency of the United States. 

“Voidable Transfer” has the meaning specified therefor in Section 17.8 of this Agreement. 

“Wells Fargo” means Wells Fargo Bank, National Association, a national banking association. 

“Withdrawal Liability” means liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such
Multiemployer Plan, as such terms are defined in Title IV of ERISA. 
 “Write-Down and Conversion Powers” means, with
respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are
described in the EU Bail-In Legislation Schedule. 
 1.2 Accounting Terms. All accounting terms not specifically defined
herein shall be construed in accordance with GAAP; provided, that, if Lead Borrower notifies Agent that Borrowers request an amendment to any provision hereof to eliminate the effect of any Accounting Change occurring after the Closing
Date or in the application thereof on the operation of such provision (or if Agent notifies Lead Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before
or after such Accounting Change or in the application thereof, then Agent and Borrowers agree that they will negotiate in good faith amendments to the provisions of this Agreement that are directly affected by such Accounting Change with the intent
of having the respective positions of Lenders and Borrowers after such Accounting Change conform as nearly as possible to their respective positions immediately before such Accounting Change took effect and, until any such amendments have been
agreed upon and reasonably agreed to by Agent, the provisions in this Agreement shall be calculated as if no such Accounting Change had occurred. When used herein, the term “financial statements” shall include the notes and schedules
thereto. Whenever the term “Parent”, “Borrowers” is used in respect of a financial covenant or a related definition, it shall be understood to mean the Loan Parties and their Subsidiaries on a consolidated basis, unless the
context clearly requires otherwise. Notwithstanding anything to the contrary contained herein, all financial statements delivered hereunder shall be prepared, and all financial covenants contained herein shall be calculated, without giving effect to
any election under the Statement of Financial Accounting Standards Board’s Accounting Standards Codification Topic 825 (or any similar accounting principle) permitting a Person to value its financial liabilities or Indebtedness at the fair
value thereof. 
 1.3 UCC. Any terms used in this Agreement that are defined in the UCC, shall be construed and defined as set
forth in the UCC unless otherwise defined herein; provided, that, to the extent that the UCC is used to define any term herein and such term is defined differently in different Articles of the UCC, the definition of such term contained
in Article 9 of the UCC shall govern. 
 1.4 Construction. Unless the context of this Agreement or any other Loan Document
clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except where
otherwise indicated, the inclusive meaning represented by the phrase “and/or.” The words “hereof,” 

  
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“herein,” “hereby,” “hereunder,” and similar terms in this Agreement or any other Loan Document refer to this Agreement or such other Loan Document, as the case may
be, as a whole and not to any particular provision of this Agreement or such other Loan Document, as the case may be. Section, subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified. Any
reference in this Agreement or in any other Loan Document to (i) any agreement, instrument, or document shall include all alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and
supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein), and (ii) any
law, statute, rule or regulation shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting such law (it being understood that nothing in this clause shall give retroactive effect to such
consolidation, amendment, replacement, supplement or interpretation). The words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and
properties. Any reference herein or in any other Loan Document to the satisfaction, repayment, or payment in full of the Obligations shall mean (a) the payment or repayment in full in immediately available funds of (i) the principal amount
of, and interest accrued and unpaid with respect to, all outstanding Loans, together with the payment of any premium applicable to the repayment of the Loans, (ii) all Lender Group Expenses that have accrued and are unpaid regardless of whether
demand has been made therefor, and (iii) all fees or charges that have accrued hereunder or under any other Loan Document (including the Letter of Credit Fee and the Unused Line Fee) and are unpaid, (b) in the case of contingent
reimbursement obligations with respect to Letters of Credit, providing Letter of Credit Collateralization, (c) in the case of obligations with respect to Bank Products (other than Hedge Obligations), providing Bank Product Collateralization,
(d) the receipt by Agent of cash collateral in order to secure any other contingent Obligations for which a claim or demand for payment has been made on or prior to such time or in respect of matters or circumstances known to Agent or a Lender
at such time that are reasonably expected to result in any loss, cost, damage, or expense (including attorneys’ fees and legal expenses), such cash collateral to be in such amount as Agent reasonably determines is appropriate to secure such
contingent Obligations, (e) the payment or repayment in full in immediately available funds of all other outstanding Obligations (including the payment of any termination amount then applicable (or which would or could become applicable as a
result of the repayment of the other Obligations) under Hedge Agreements provided by Hedge Providers) other than (i) unasserted contingent indemnification Obligations, (ii) any Bank Product Obligations (other than Hedge Obligations) that,
at such time, are allowed by the applicable Bank Product Provider to remain outstanding without being required to be repaid or cash collateralized, and (iii) any Hedge Obligations that, at such time, are allowed by the applicable Hedge Provider
to remain outstanding without being required to be repaid, and (f) the termination of all of the Commitments of the Lenders. Any reference herein to any Person shall be construed to include such Person’s successors and assigns. Any
requirement of a writing contained herein or in any other Loan Document shall be satisfied by the transmission of a Record. 
 1.5
Time References. Unless the context of this Agreement or any other Loan Document clearly requires otherwise, all references to time of day refer to Central standard time or Central daylight saving time, as in effect in Dallas, Texas on
such day. For purposes of the computation of a period of time from a specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each means “to and
including”; provided, that, with respect to a computation of fees or interest payable to Agent or any Lender, such period shall exclude the first day and include the last day so long as payment is received on or before the time
specified in Section 2.4, but in any event consist of at least one (1) full day. 
 1.6 Schedules and Exhibits. All
of the schedules and exhibits attached to this Agreement shall be deemed incorporated herein by reference. 

  
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 2. LOANS AND TERMS OF PAYMENT. 

2.1 Revolving Loans. 

(a) Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Lender agrees (severally, not jointly or
jointly and severally) to make revolving loans (“Revolving Loans”) to Borrowers in an amount at any one time outstanding not to exceed the lesser of: 

(i) such Lender’s Commitment, or 

(ii) such Lender’s Pro Rata Share of an amount equal to the lesser of: 

(A) the amount equal to (1) the Maximum Credit, less (2) the Letter of Credit Usage at such time, and 

(B) the amount equal to (1) the Borrowing Base as of such date, less (2) the Letter of Credit Usage at such time. 

(b) Amounts borrowed pursuant to this Section 2.1 may be repaid and, subject to the terms and conditions of this Agreement,
reborrowed at any time during the term of this Agreement. The outstanding principal amount of the Revolving Loans, together with interest accrued and unpaid thereon, shall constitute Obligations and shall be due and payable on the Maturity Date or,
if earlier, on the date on which they otherwise become due and payable pursuant to the terms of this Agreement. Borrowers hereby jointly and severally promise to repay all amounts due hereunder with respect to the Revolving Loans. 

(c) Anything to the contrary in this Section 2.1 notwithstanding, Agent shall have the right (but not the obligation) at any time,
in the exercise of its Permitted Discretion, to establish and increase or decrease Reserves against the Borrowing Base or the Maximum Credit. The amount of any Reserve established by Agent, and any changes to the eligibility criteria set forth in
the definitions of Eligible Accounts shall have a reasonable relationship to the event, condition, other circumstance, or fact that is the basis for such reserve or change in eligibility and shall not be duplicative of any other reserve established
and currently maintained or eligibility criteria. To the extent that an event, condition or matter as to any Eligible Accounts is addressed pursuant to the treatment thereof within the applicable definition of such term, Agent shall not also
establish a Reserve to address the same event, condition or matter. 
 2.2 Reserved. 

2.3 Borrowing Procedures and Settlements. 

(a) Procedure for Borrowing Revolving Loans. Each Borrowing shall be made by a written request by an Authorized Person delivered
to Agent (which may be delivered through Agent’s electronic platform or portal) and received by Agent no later than 11:00 a.m. (i) on the Business Day that is one (1) Business Day prior to the requested Funding Date in the case of a
request for a Base Rate Loan, and (ii) on the Business Day that is three (3) Business Days prior to the requested Funding Date in the case of all other requests, specifying (A) the amount of such Borrowing, and (B) the requested
Funding Date (which shall be a Business Day); provided, that Agent may, in its sole discretion, elect to accept as timely requests that are received later than 11:00 a.m. on the applicable Business Day. All Borrowing requests which are not made
on-line via Agent’s electronic platform or portal shall be subject to (and unless Agent elects otherwise in the exercise of its sole discretion, such Borrowings shall not be made until the completion of) Agent’s authentication process
(with results satisfactory to Agent) prior to the funding of any such requested Revolving Loan. 

  
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 (b) [Reserved]. 

(c) Making of Revolving Loans. 

(i) After receipt of a request for a Borrowing pursuant to Section 2.3(a)(i), Agent shall notify the Lenders by telecopy,
telephone, email, or other electronic form of transmission, of the requested Borrowing; such notification to be sent on the Business Day that is (A) in the case of a Base Rate Loan, at least one (1) Business Day prior to the requested
Funding Date, or (B) in the case of a LIBOR Rate Loan, prior to 11:00 a.m. at least three (3) Business Days prior to the requested Funding Date. If Agent has notified the Lenders of a requested Borrowing on the Business Day that is one
(1) Business Day prior to the Funding Date, then each Lender shall make the amount of such Lender’s Pro Rata Share of the requested Borrowing available to Agent in immediately available funds, to Agent’s Account, not later than 10:00
a.m. on the Business Day that is the requested Funding Date. After Agent’s receipt of the proceeds of such Revolving Loans from the Lenders, Agent shall make the proceeds thereof available to Borrowers on the applicable Funding Date by
transferring immediately available funds equal to such proceeds received by Agent to the Designated Account; provided, that, subject to the provisions of Section 2.3(d)(ii), no Lender shall have an obligation to make any
Revolving Loan, if (1) one or more of the applicable conditions precedent set forth in Section 3 will not be satisfied on the requested Funding Date for the applicable Borrowing unless such condition has been waived, or (2) as of the
date of the requested Borrowing and after giving effect thereto, the Revolver Usage would exceed the lesser of the Borrowing Base or the Maximum Credit. 

(ii) Unless Agent receives notice from a Lender prior to 9:30 a.m. on the Business Day that is the requested Funding Date relative to a
requested Borrowing as to which Agent has notified the Lenders of a requested Borrowing that such Lender will not make available as and when required hereunder to Agent for the account of Borrowers the amount of that Lender’s Pro Rata Share of
the Borrowing, Agent may assume that each Lender has made or will make such amount available to Agent in immediately available funds on the Funding Date and Agent may (but shall not be so required), in reliance upon such assumption, make available
to Borrowers a corresponding amount. If, on the requested Funding Date, any Lender shall not have remitted the full amount that it is required to make available to Agent in immediately available funds and if Agent has made available to Borrowers
such amount on the requested Funding Date, then such Lender shall make the amount of such Lender’s Pro Rata Share of the requested Borrowing available to Agent in immediately available funds, to Agent’s Account, no later than 10:00 a.m. on
the Business Day that is the first Business Day after the requested Funding Date (in which case, the interest accrued on such Lender’s portion of such Borrowing for the Funding Date shall be for Agent’s separate account). If any Lender
shall not remit the full amount that it is required to make available to Agent in immediately available funds as and when required hereby and if Agent has made available to Borrowers such amount, then that Lender shall be obligated to immediately
remit such amount to Agent, together with interest at the Defaulting Lender Rate for each day until the date on which such amount is so remitted. A notice submitted by Agent to any Lender with respect to amounts owing under this
Section 2.3(c)(ii) shall be conclusive, absent manifest error. If the amount that a Lender is required to remit is made available to Agent, then such payment to Agent shall constitute such Lender’s Revolving Loan for all purposes of
this Agreement. If such amount is not made available to Agent on the Business Day following the Funding Date, Agent will notify Lead Borrower of such failure to fund and, upon demand by Agent, Borrowers shall pay such amount to Agent for
Agent’s account, together with interest thereon for each day elapsed since the date of such Borrowing, at a rate per annum equal to the interest rate applicable at the time to the Revolving Loans composing such Borrowing. 

  
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 (d) Protective Advances and Optional Overadvances. 

(i) Any contrary provision of this Agreement or any other Loan Document notwithstanding, but subject to Section 2.3(d)(iv), at any
time (A) after the occurrence and during the continuance of a Default or an Event of Default, or (B) that any of the other applicable conditions precedent set forth in Section 3 are not satisfied, Agent hereby is authorized by
Borrowers and the Lenders, from time to time, in Agent’s sole discretion, to make Revolving Loans to, or for the benefit of, Borrowers, on behalf of the Lenders, that Agent, in its Permitted Discretion, deems necessary or desirable (1) to
preserve or protect the Collateral, or any portion thereof, or (2) to enhance the likelihood of repayment of the Obligations (other than the Bank Product Obligations) (the Revolving Loans described in this Section 2.3(d)(i) shall be
referred to as “Protective Advances”). Notwithstanding the foregoing, the aggregate amount of all Protective Advances outstanding at any one time shall not exceed ten percent (10%) of the Maximum Credit. 

(ii) Any contrary provision of this Agreement or any other Loan Document notwithstanding, but subject to Section 2.3(d)(iv), the
Lenders hereby authorize Agent, and Agent may, but is not obligated to, knowingly and intentionally, continue to make Revolving Loans to Borrowers notwithstanding that an Overadvance exists or would be created thereby, so long as (A) after
giving effect to such Revolving Loans, the outstanding Revolver Usage does not exceed the Borrowing Base by more than ten percent (10%) of the Maximum Credit, and (B) after giving effect to such Revolving Loans, the outstanding Revolver
Usage (except for and excluding amounts charged to the Loan Account for interest, fees, or Lender Group Expenses) does not exceed the Maximum Credit. In the event Agent obtains actual knowledge that the Revolver Usage exceeds the amounts permitted
by the immediately foregoing provisions, regardless of the amount of, or reason for, such excess, Agent shall notify the Lenders as soon as practicable (and prior to making any (or any additional) intentional Overadvances (except for and excluding
amounts charged to the Loan Account for interest, fees, or Lender Group Expenses) unless Agent determines that prior notice would result in imminent harm to the Collateral or its value, in which case Agent may make such Overadvances and provide
notice as promptly as practicable thereafter), and the Lenders thereupon shall, together with Agent, jointly determine the terms of arrangements that shall be implemented with Borrowers intended to reduce, within a reasonable time, the outstanding
principal amount of the Revolving Loans to Borrowers to an amount permitted by the preceding sentence. In such circumstances, if any Lender with a Commitment objects to the proposed terms of reduction or repayment of any Overadvance, the terms of
reduction or repayment thereof shall be implemented according to the determination of the Required Lenders. The foregoing provisions are meant for the benefit of the Lenders and Agent and are not meant for the benefit of Borrowers, which shall
continue to be bound by the provisions of Section 2.4(e). Each Lender shall be obligated to settle with Agent as provided in Section 2.3(e) (or Section 2.3(g), as applicable) for the amount of such Lender’s
Pro Rata Share of any unintentional Overadvances by Agent reported to such Lender, any intentional Overadvances made as permitted under this Section 2.3(d)(ii), and any Overadvances resulting from the charging to the Loan Account of
interest, fees, or Lender Group Expenses. 
 (iii) Each Protective Advance and each Overadvance (each, a “Special Advance”)
shall be deemed to be a Revolving Loan hereunder, except that no Special Advance shall be eligible to be a LIBOR Rate Loan and, prior to Settlement therefor, all payments on the Special Advances shall be payable to Agent solely for its own account.
The Special Advances shall be repayable on demand, secured by Agent’s Liens, constitute Obligations hereunder, and bear interest at the rate applicable from time to time to Revolving Loans that are Base Rate Loans. The provisions of this
Section 2.3(d) are for the exclusive benefit of Agent and the Lenders and are not intended to benefit Borrowers (or any other Loan Party) in any way. 

  
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 (iv) Notwithstanding anything contained in this Agreement or any other Loan Document to the
contrary: (A) no Special Advance may be made by Agent if such Special Advance would cause the aggregate principal amount of Special Advances outstanding to exceed an amount equal to ten percent (10%) of the Maximum Credit; and (B) to
the extent that the making of any Special Advance causes the aggregate Revolver Usage to exceed the Maximum Credit, such portion of such Special Advance shall be for Agent’s sole and separate account and not for the account of any Lender and
shall be entitled to priority in repayment in accordance with Section 2.4(b). 
 (e) Settlement. It is agreed that
each Lender’s funded portion of the Revolving Loans is intended by the Lenders to equal, at all times, such Lender’s Pro Rata Share of the outstanding Revolving Loans. Such agreement notwithstanding, Agent, and the other Lenders agree
(which agreement shall not be for the benefit of Borrowers) that in order to facilitate the administration of this Agreement and the other Loan Documents, settlement among the Lenders as to the Revolving Loans (including Special Advances) shall take
place on a periodic basis in accordance with the following provisions: 
 (i) Agent shall request settlement
(“Settlement”) with the Lenders on a weekly basis, or on a more frequent basis if so determined by Agent in its sole discretion (A) for itself, with respect to the outstanding Special Advances, and (B) with respect to any
Loan Party’s or any of their Subsidiaries’ payments or other amounts received, as to each by notifying the Lenders by telecopy, telephone, or other similar form of transmission, of such requested Settlement, no later than 2:00 p.m. on the
Business Day immediately prior to the date of such requested Settlement (the date of such requested Settlement being the “Settlement Date”). Such notice of a Settlement Date shall include a summary statement of the amount of
outstanding Revolving Loans (including Special Advances) for the period since the prior Settlement Date. Subject to the terms and conditions contained herein (including Section 2.3(g)): (1) if the amount of the Revolving Loans
(including Special Advances) made by a Lender that is not a Defaulting Lender exceeds such Lender’s Pro Rata Share of the Revolving Loans (including Special Advances) as of a Settlement Date, then Agent shall, by no later than 12:00 p.m. on the
Settlement Date, transfer in immediately available funds to a Deposit Account of such Lender (as such Lender may designate), an amount such that each such Lender shall, upon receipt of such amount, have as of the Settlement Date, its Pro Rata Share
of the Revolving Loans (including Special Advances), and (2) if the amount of the Revolving Loans (including Special Advances) made by a Lender is less than such Lender’s Pro Rata Share of the Revolving Loans (including Special Advances)
as of a Settlement Date, such Lender shall no later than 12:00 p.m. on the Settlement Date transfer in immediately available funds to The Agent Payment Account, an amount such that each such Lender shall, upon transfer of such amount, have as of the
Settlement Date, its Pro Rata Share of the Revolving Loans (including Special Advances). Such amounts made available to Agent under clause (2) of the immediately preceding sentence shall be applied against the amounts of the applicable Special
Advances shall constitute Revolving Loans of such Lenders. If any such amount is not made available to Agent by any Lender on the Settlement Date applicable thereto to the extent required by the terms hereof, Agent shall be entitled to recover for
its account such amount on demand from such Lender together with interest thereon at the Defaulting Lender Rate. 
 (ii) In determining
whether a Lender’s balance of the Revolving Loans (including Special Advances) is less than, equal to, or greater than such Lender’s Pro Rata Share of the Revolving Loans (including Special Advances) as of a Settlement Date, Agent shall,
as part of the relevant Settlement, apply to such balance the portion of payments actually received in good funds by Agent with respect to principal, interest, fees payable by Borrowers and allocable to the Lenders hereunder, and proceeds of
Collateral. 

  
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 (iii) Between Settlement Dates, Agent, to the extent Special Advances are outstanding, may
pay over to Agent, as applicable, any payments or other amounts received by Agent, that in accordance with the terms of this Agreement would be applied to the reduction of the Revolving Loans, for application to the Special Advances. During the
period between Settlement Dates, Agent with respect to Special Advances, and each Lender with respect to the Revolving Loans, shall be entitled to interest at the applicable rate or rates payable under this Agreement on the daily amount of funds
employed by Agent, or the Lenders, as applicable. 
 (iv) Anything in this Section 2.3(e) to the contrary notwithstanding, in
the event that a Lender is a Defaulting Lender, Agent shall be entitled to refrain from remitting settlement amounts to the Defaulting Lender and, instead, shall be entitled to elect to implement the provisions set forth in
Section 2.3(g). 
 (f) Notation. Consistent with Section 13.1, Agent, as a non-fiduciary agent for Borrowers,
shall maintain a register showing the principal amount and stated interest of the Revolving Loans owing to each Lender, including Special Advances owing to Agent, and the interests therein of each Lender, from time to time and such register shall,
absent manifest error, conclusively be presumed to be correct and accurate. 
 (g) Defaulting Lenders. 

(i) Notwithstanding the provisions of Section 2.4(b)(iii), Agent shall not be obligated to transfer to a Defaulting Lender any
payments made by Borrowers to Agent for the Defaulting Lender’s benefit or any proceeds of Collateral that would otherwise be remitted hereunder to the Defaulting Lender, and, in the absence of such transfer to the Defaulting Lender, Agent
shall transfer any such payments (A) first, to Agent to the extent of any Special Advances that were made by Agent and that were required to be, but were not, paid by Defaulting Lender, (B) second, to Issuing Bank, to the extent of the
portion of a Letter of Credit Disbursement that was required to be, but was not, paid by the Defaulting Lender, (C) third, to each Non-Defaulting Lender ratably in accordance with their Commitments (but, in each case, only to the extent that
such Defaulting Lender’s portion of a Revolving Loan (or other funding obligation) was funded by such other Non-Defaulting Lender), (D) fourth, in Agent’s sole discretion, to a suspense account maintained by Agent, the proceeds of
which shall be retained by Agent and may be made available to be re-advanced to or for the benefit of Borrowers (upon the request of Borrowers and subject to the conditions set forth in Section 3.2) as if such Defaulting Lender had made
its portion of Revolving Loans (or other funding obligations) hereunder, and (E) fifth, from and after the date on which all other Obligations have been paid in full, to such Defaulting Lender in accordance with tier (M) of
Section 2.4(b)(iii). Subject to the foregoing, Agent may hold and, in its discretion, re-lend to Borrowers for the account of such Defaulting Lender the amount of all such payments received and retained by Agent for the account of such
Defaulting Lender. Solely for the purposes of voting or consenting to matters with respect to the Loan Documents (including the calculation of Pro Rata Share in connection therewith) and for the purpose of calculating the fee payable under
Section 2.10(b), such Defaulting Lender shall be deemed not to be a “Lender” and such Lender’s Commitment shall be deemed to be zero; provided, that, the foregoing shall not apply to any of the matters
governed by Section 14.1(a)(i) through (iii). The provisions of this Section 2.3(g) shall remain effective with respect to such Defaulting Lender until the earlier of (1) the date on which all of the
Non-Defaulting Lenders, Agent, Issuing Bank, and Borrowers shall have waived, in writing, the application of this Section 2.3(g) to such Defaulting Lender, or (2) the date on which such Defaulting Lender makes payment of all amounts
that it was obligated to fund hereunder, pays to Agent all amounts owing by Defaulting Lender in respect of the amounts that it was obligated to fund hereunder, and, if requested by Agent, provides adequate assurance of its ability to perform its
future obligations hereunder (on which earlier date, so long as no Event of Default has occurred and is continuing, any remaining cash collateral held by Agent pursuant to Section 2.3(g)(ii) shall be released to Borrowers). The operation
of this Section 2.3(g) shall not be construed to increase or otherwise affect the Commitment of any Lender, to relieve or excuse the performance by such Defaulting 

  
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Lender or any other Lender of its duties and obligations hereunder, or to relieve or excuse the performance by any Borrower of its duties and obligations hereunder to Agent, Issuing Bank, or to
the Lenders other than such Defaulting Lender. Any failure by a Defaulting Lender to fund amounts that it was obligated to fund hereunder shall constitute a material breach by such Defaulting Lender of this Agreement and shall entitle Borrowers, at
their option, upon written notice to Agent, to arrange for a substitute Lender to assume the Commitment of such Defaulting Lender, such substitute Lender to be reasonably acceptable to Agent. In connection with the arrangement of such a substitute
Lender, the Defaulting Lender shall have no right to refuse to be replaced hereunder, and agrees to execute and deliver a completed form of Assignment and Acceptance in favor of the substitute Lender (and agrees that it shall be deemed to have
executed and delivered such document if it fails to do so) subject only to being paid its share of the outstanding Obligations (other than Bank Product Obligations, but including (1) all interest, fees, and other amounts that may be due and
payable in respect thereof, and (2) an assumption of its Pro Rata Share of its participation in the Letters of Credit); provided, that, any such assumption of the Commitment of such Defaulting Lender shall not be deemed to
constitute a waiver of any of the Lender Groups’ or Borrowers’ rights or remedies against any such Defaulting Lender arising out of or in relation to such failure to fund. In the event of a direct conflict between the priority provisions
of this Section 2.3(g) and any other provision contained in this Agreement or any other Loan Document, it is the intention of the parties hereto that such provisions be read together and construed, to the fullest extent possible, to be
in concert with each other. In the event of any actual, irreconcilable conflict that cannot be resolved as aforesaid, the terms and provisions of this Section 2.3(g) shall control and govern. 

(ii) If any Letter of Credit is outstanding at the time that a Lender becomes a Defaulting Lender then: 

(A) such Defaulting Lender’s Letter of Credit Exposure shall be reallocated among the Non-Defaulting Lenders in accordance with their
respective Pro Rata Shares but only to the extent (1) the sum of all Non-Defaulting Lenders’ Pro Rata Share of Revolver Usage plus such Defaulting Lender’s Letter of Credit Exposure does not exceed the total of all Non-Defaulting
Lenders’ Commitments and (2) the conditions set forth in Section 3.2 are satisfied at such time; 
 (B) if the
reallocation described in clause (A) above cannot, or can only partially, be effected, Borrowers shall within one Business Day following notice by the Agent cash collateralize such Defaulting Lender’s Letter of Credit Exposure, pursuant to
a cash collateral agreement to be entered into in form and substance reasonably satisfactory to the Agent, for so long as such Letter of Credit Exposure is outstanding; provided, that, Borrowers shall not be obligated to cash
collateralize any Defaulting Lender’s Letter of Credit Exposure if such Defaulting Lender is also Issuing Bank; 
 (C) if Borrowers
cash collateralize any portion of such Defaulting Lender’s Letter of Credit Exposure pursuant to this Section 2.3(g)(ii), Borrowers shall not be required to pay any Letter of Credit Fees to Agent for the account of such Defaulting
Lender pursuant to Section 2.6(b) with respect to such cash collateralized portion of such Defaulting Lender’s Letter of Credit Exposure during the period such Letter of Credit Exposure is cash collateralized; 

(D) to the extent the Letter of Credit Exposure of the Non-Defaulting Lenders is reallocated pursuant to this Section 2.3(g)(ii),
then the Letter of Credit Fees payable to the Non-Defaulting Lenders pursuant to Section 2.6(b) shall be adjusted in accordance with such Non-Defaulting Lenders’ Letter of Credit Exposure; 

(E) to the extent any Defaulting Lender’s Letter of Credit Exposure is neither cash collateralized nor reallocated pursuant to this
Section 2.3(g)(ii), then, without prejudice to any rights or remedies of Issuing Bank or any Lender hereunder, all Letter of Credit Fees that would have otherwise been payable to such Defaulting Lender under Section 2.6(b)
with respect to such portion of such Letter of Credit Exposure shall instead be payable to Issuing Bank until such portion of such Defaulting Lender’s Letter of Credit Exposure is cash collateralized or reallocated; 

  
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 (F) so long as any Lender is a Defaulting Lender, Issuing Bank shall not be required to
issue, amend, or increase any Letter of Credit, in each case, to the extent (x) the Defaulting Lender’s Pro Rata Share of Letter of Credit cannot be reallocated pursuant to this Section 2.3(g)(ii), or (y) the Issuing Bank
has not otherwise entered into arrangements reasonably satisfactory to the Issuing Bank and Borrowers to eliminate the Issuing Bank’s risk with respect to the Defaulting Lender’s participation in Letters of Credit; and 

(G) Agent may release any cash collateral provided by Borrowers pursuant to this Section 2.3(g)(ii) to Issuing Bank and Issuing
Bank may apply any such cash collateral to the payment of such Defaulting Lender’s Pro Rata Share of any Letter of Credit Disbursement that is not reimbursed by Borrowers pursuant to Section 2.11(d). Subject to
Section 17.14, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a
Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation. 
 (h) Independent
Obligations. All Revolving Loans (other than Special Advances) shall be made by the Lenders contemporaneously and in accordance with their Pro Rata Shares. It is understood that (i) no Lender shall be responsible for any failure by any
other Lender to perform its obligation to make any Revolving Loan (or other extension of credit) hereunder, nor shall any Commitment of any Lender be increased or decreased as a result of any failure by any other Lender to perform its obligations
hereunder, and (ii) no failure by any Lender to perform its obligations hereunder shall excuse any other Lender from its obligations hereunder. 

(i) Loan Management Service. If Borrowers and Agent have separately agreed that Borrowers may use the Loan Management Service
(and such agreement is still in effect), Borrowers shall not request and Agent shall no longer honor a request for a Borrowing made in accordance with Section 2.3(a), and all Borrowings will instead be initiated by Agent and credited to
the applicable Designated Account as Borrowings as of the end of each Business Day in an amount sufficient to maintain an agreed upon ledger balance in the applicable Designated Account, subject only to the limitations provided in
Section 2.1. If Agent terminates Borrowers’ access to the Loan Management Service, Borrowers may continue to request Borrowings as provided in Section 2.3(a), subject to the other terms and conditions of this Agreement.
Agent shall have no obligation to make a Borrowing through the Loan Management Service after the occurrence and during the continuance of a Default or an Event of Default, or in an amount in excess of the limitations provided in
Section 2.1, and may terminate the Loan Management Service at any time in its sole discretion. 
  

	 	2.4	 Payments; Reductions of Commitments; Prepayments. 

 

	 	(a)	 Payments by Borrowers. 

(i) Except as otherwise expressly provided herein, all payments by Borrowers shall be made to Agent’s Account for the account of the
Lender Group and shall be made in immediately available funds, no later than 1:30 p.m. on the date specified herein. Any payment received by Agent later than 1:30 p.m. shall be deemed to have been received (unless Agent, in its sole discretion,
elects to credit it on the date received) on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day. 

  
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 (ii) Unless Agent receives notice from Borrowers prior to the date on which any payment is
due to the Lenders that Borrowers will not make such payment in full as and when required, Agent may assume that Borrowers have made (or will make) such payment in full to Agent on such date in immediately available funds and Agent may (but shall
not be so required), in reliance upon such assumption, distribute to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent Borrowers do not make such payment in full to Agent on the date when due, each
Lender severally shall repay to Agent on demand such amount distributed to such Lender, together with interest thereon at the Defaulting Lender Rate for each day from the date such amount is distributed to such Lender until the date repaid. 

 

	 	(b)	 Apportionment and Application. 

(i) So long as no Application Event has occurred and is continuing and except as otherwise provided herein with respect to Defaulting Lenders,
all principal and interest payments received by Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each Lender) and all payments of fees and
expenses received by Agent (other than fees or expenses that are for Agent’s separate account or for the separate account of Issuing Bank) shall be apportioned ratably among the Lenders having a Pro Rata Share of the type of Commitment or
Obligation to which a particular fee or expense relates. 
 (ii) Subject to Section 2.4(b)(v) and Section 2.4(e),
all payments to be made hereunder by Borrowers shall be remitted to Agent and all such payments, and all proceeds of Collateral received by Agent, shall be applied, so long as no Application Event has occurred and is continuing and except as
otherwise provided herein with respect to Defaulting Lenders, to reduce the balance of the Revolving Loans outstanding and, thereafter, to Borrowers (to be wired to the Designated Account) or such other Person entitled thereto under applicable law.

 (iii) At any time that an Application Event has occurred and is continuing and except as otherwise provided herein with respect to
Defaulting Lenders, all payments remitted to Agent and all proceeds of Collateral received by Agent shall be applied as follows: 
 (A)
first, to pay any Lender Group Expenses (including cost or expense reimbursements) or indemnities then due to Agent under the Loan Documents and to pay interest and principal on Special Advances that are held solely by Agent pursuant to the
terms of Section 2.3(d)(iv), until paid in full, 
 (B) second, to pay any fees or premiums then due to Agent under the
Loan Documents, until paid in full, 
 (C) third, to pay interest due in respect of all Protective Advances, until paid in full, 

(D) fourth, to pay the principal of all Protective Advances, until paid in full, 

(E) fifth, ratably, to pay any Lender Group Expenses (including cost or expense reimbursements) or indemnities then due to any of
Lenders under the Loan Documents, until paid in full, 
 (F) sixth, ratably, to pay any fees or premiums then due to any of Lenders
under the Loan Documents, until paid in full, 
 (G) [Reserved], 

  
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 (H) [Reserved], 

(I) ninth, ratably, to pay interest accrued in respect of the Revolving Loans (other than Protective Advances), until paid in full,

 (J) tenth, ratably 

(1) ratably, to pay the principal of all Revolving Loans, until paid in full, 

(2) to Agent, to be held by Agent, for the benefit of Issuing Bank (and for the ratable benefit of each of t Lenders that have an obligation
to pay to Agent, for the account of Issuing Bank, a share of each Letter of Credit Disbursement), as cash collateral in an amount up to one hundred five percent (105%) of the Letter of Credit Usage (to the extent permitted by applicable law,
such cash collateral shall be applied to the reimbursement of any Letter of Credit Disbursement as and when such disbursement occurs and, if a Letter of Credit expires undrawn, the cash collateral held by Agent in respect of such Letter of Credit
shall, to the extent permitted by applicable law, be reapplied pursuant to this Section 2.4(b)(iii), beginning with tier (A) hereof), 

(3) up to the amount (after taking into account any amounts previously paid pursuant to this clause (3) during the continuation of the
applicable Application Event) of the most recently established Bank Product Reserve to (y) the Bank Product Providers based upon amounts then certified by the applicable Bank Product Provider to Agent (in form and substance satisfactory to
Agent) to be due and payable to such Bank Product Providers on account of Bank Product Obligations of Borrowers, and (z) with any balance to be paid to Agent, to be held by Agent, for the ratable benefit of the Bank Product Providers, as cash
collateral, which cash collateral may be released by Agent to the applicable Bank Product Provider and applied by such Bank Product Provider to the payment or reimbursement of any amounts due and payable with respect to Bank Product Obligations owed
by any Loan Party to the applicable Bank Product Provider as and when such amounts first become due and payable and, if and at such time as all such Bank Product Obligations are paid or otherwise satisfied in full, the cash collateral held by Agent
in respect of such Bank Product Obligations shall be reapplied pursuant to this Section 2.4(b)(iii), beginning with tier (A) hereof, 

(K) eleventh, to pay any other Obligations other than Obligations owed to Defaulting Lenders (including being paid, ratably, to the
Bank Product Providers on account of all amounts then due and payable in respect of Bank Product Obligations, with any balance to be paid to Agent, to be held by Agent, for the ratable benefit of the Bank Product Providers, as cash collateral (which
cash collateral may be released by Agent to the applicable Bank Product Provider and applied by such Bank Product Provider to the payment or reimbursement of any amounts due and payable with respect to Bank Product Obligations owed to the applicable
Bank Product Provider as and when such amounts first become due and payable and, if and at such time as all such Bank Product Obligations are paid or otherwise satisfied in full, the cash collateral held by Agent in respect of such Bank Product
Obligations shall be reapplied pursuant to this Section 2.4(b)(iii), beginning with tier (A) hereof), 
 (L)
twelfth, ratably to pay any Obligations owed to Defaulting Lenders; and 
 (M) thirteenth, to Borrowers (to be wired to the
Designated Account) or such other Person entitled thereto under applicable law. 
 (iv) Agent promptly shall distribute to each Lender,
pursuant to the applicable wire instructions received from each Lender in writing, such funds as it may be entitled to receive, subject to a Settlement delay as provided in Section 2.3(e). 

  
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 (v) In each instance, so long as no Application Event has occurred and is continuing,
Section 2.4(b)(iii) shall not apply to any payment made by Borrowers to Agent and specified by Lead Borrower to be for the payment of specific Obligations then due and payable (or prepayable) under any provision of this Agreement or any
other Loan Document. 
 (vi) For purposes of Section 2.4(b)(iii), “paid in full” of a type of Obligation means payment
in cash or immediately available funds of all amounts owing on account of such type of Obligation, including interest accrued after the commencement of any Insolvency Proceeding, default interest, interest on interest, and expense reimbursements,
irrespective of whether any of the foregoing would be or is allowed or disallowed in whole or in part in any Insolvency Proceeding. 
 (vii)
In the event of a direct conflict between the priority provisions of this Section 2.4 and any other provision contained in this Agreement or any other Loan Document, it is the intention of the parties hereto that such provisions be read
together and construed, to the fullest extent possible, to be in concert with each other. In the event of any actual, irreconcilable conflict that cannot be resolved as aforesaid, if the conflict relates to the provisions of
Section 2.3(g) and this Section 2.4, then the provisions of Section 2.3(g) shall control and govern, and if otherwise, then the terms and provisions of this Section 2.4 shall control and govern. 

(c) Reduction of Commitments. The Commitments shall terminate on the Maturity Date or earlier termination thereof pursuant to the terms
of this Agreement. Borrowers may reduce the Commitments, without premium or penalty, to an amount (which may be zero) not less than the sum of (i) the Revolver Usage as of such date, plus (ii) the principal amount of all Revolving Loans
not yet made as to which a request has been given by Borrowers under Section 2.3(a), plus (iii) the amount of all Letters of Credit not yet issued as to which a request has been given by Borrowers pursuant to
Section 2.11(a). Each such reduction shall be in an amount which is not less than $5,000,000 (unless the Commitments are being reduced to zero and the amount of the Commitments in effect immediately prior to such reduction are less than
$5,000,000), shall be made by providing not less than ten (10) Business Days prior written notice to Agent, and shall be irrevocable. The Commitments, once reduced, may not be increased. Each such reduction of the Commitments shall reduce the
Commitments of each Lender proportionately in accordance with its ratable share thereof. In connection with any reduction in the Commitments prior to the Maturity Date, if any Loan Party or any of its Subsidiaries owns any Margin Stock, Borrowers
shall deliver to Agent an updated Form U-1 (with sufficient additional originals thereof for each Lender), duly executed and delivered by the Borrowers, together with such other documentation as Agent shall reasonably request, in order to enable
Agent and the Lenders to comply with any of the requirements under Regulations T, U or X of the Federal Reserve Board. 
 (d) Optional
Prepayments. Borrowers may prepay the principal of any Revolving Loan at any time in whole or in part, without premium or penalty. 
  

	 	(e)	 Mandatory Prepayments. 

(i) Borrowing Base. If, at any time, (A) the Revolver Usage on such date exceeds (B) the lesser of (1) the Borrowing
Base as then in effect, or (2) the Maximum Credit, then Borrowers shall promptly, but in any event within two (2) Business Days of the earlier of (1) any Borrower having knowledge after due inquiry of the existence thereof; or
(2) receiving notice of the existence thereof, prepay in accordance with Section 2.4(f)(i) an aggregate amount equal to the amount of such excess, without premium or penalty. 

(ii) Equity Cure. Within one (1) Business Day after the date of receipt by any Loan Party of the proceeds of any Specified Equity
Contribution pursuant to Section 7.2, Borrowers shall prepay or repay the Obligations in accordance with Section 2.4(f) in an amount equal to one hundred percent (100%) of such proceeds. 

  
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 (iii) Collections. If a Cash Dominion Event has occurred and is continuing and
subject to the terms of the Intercreditor Agreement, all proceeds of Collateral will be applied to prepay the Obligations in accordance with Section 2.4(f). 

(f) Application of Payments. Each prepayment pursuant to Section 2.4(e) shall, (i) so long as no Application Event
shall have occurred and be continuing, be applied, first, to the outstanding principal amount of the Revolving Loans until paid in full, and second, to cash collateralize the Letters of Credit in an amount equal to one hundred five percent
(105%) of the then outstanding Letter of Credit Usage, and (ii) if an Application Event shall have occurred and be continuing, be applied in the manner set forth in Section 2.4(b)(iii). 

 

	 	2.5	 Promise to Pay; Promissory Notes. 

(a) Promise to Pay. Borrowers jointly and severally agree to pay Lender Group Expenses incurred promptly and, in any event, within three
(3) Business Days of receipt of notice thereof by Agent (it being acknowledged and agreed that any charging of such costs, expenses or Lender Group Expenses to any Loan Account pursuant to the provisions of Section 2.6(d) shall be
deemed to constitute notice by Agent and prompt payment by Borrowers for the purposes of this Section 2.5(a)). Borrowers jointly and severally promise to pay all of the Obligations (including principal, interest, premiums, if any, fees,
costs, and expenses (including Lender Group Expenses)) in full on the Maturity Date or, if earlier, on the date on which such Obligations (other than the Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
Borrowers agree that their obligations contained in the first sentence of this Section 2.5(a) shall survive payment or satisfaction in full of all other Obligations. 

(b) Promissory Notes. Any Lender may request that any portion of its Commitments or the Loans made by it be evidenced by one or more
promissory notes. In such event, Borrowers shall execute and deliver to such Lender the requested promissory notes payable to the order of such Lender in a form furnished by Agent and reasonably satisfactory to Borrowers. Thereafter, the portion of
the Commitments and Loans evidenced by such promissory notes and interest thereon shall at all times be represented by one or more promissory notes in such form payable to the order of the payee named therein. 

 

	 	2.6	 Interest Rates and Letter of Credit Fee: Rates, Payments, and Calculations.

 (a) Interest Rates. Except as provided in Section 2.6(c), all Obligations (except for undrawn
Letters of Credit) that have been charged to the Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof as follows: 

(i) if the relevant Obligation is a LIBOR Rate Loan, at a per annum rate equal to the LIBOR Rate plus the LIBOR Rate Margin, and 

(ii) otherwise, at a per annum rate equal to the Base Rate plus the Base Rate Margin. 

(b) Letter of Credit Fee. Subject to Section 2.6(c), Borrowers shall pay Agent (for the ratable benefit of the
Revolving Lenders), a Letter of Credit fee (the “Letter of Credit Fee”) (which fee shall be in addition to the fronting fees and commissions, other fees, charges and expenses set forth in Section 2.11(k)) that shall accrue at a
per annum rate equal to the LIBOR Rate Margin times the times the average amount of the Letter of Credit Usage during the immediately preceding month. 

  
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 (c) Default Rate. Upon the occurrence and during the continuation of an Event of
Default and at the election of Agent or Required Lenders, 
 (i) all Obligations (except for undrawn Letters of Credit) that have been
charged to any Loan Account pursuant to the terms hereof shall bear interest on the Daily Balance thereof at a per annum rate equal to two (2) percentage points above the per annum rate otherwise applicable hereunder, and 

(ii) the Letter of Credit Fees shall be increased to two (2) percentage points above the per annum rate otherwise applicable hereunder.

 (d) Payment. Except to the extent provided to the contrary in Section 2.10, Section 2.11(k) or
Section 2.12(a), (i) all interest and all other fees payable hereunder or under any of the other Loan Documents (other than Letter of Credit Fees) shall be due and payable, in arrears, on the first day of each month, (ii) all
Letter of Credit Fees payable hereunder, and all fronting fees and all commissions, other fees, charges and expenses provided for in Section 2.11(k) shall be due and payable, in arrears, on the first Business Day of each month, and
(iii) all costs and expenses payable hereunder or under any of the other Loan Documents, and all other Lender Group Expenses shall be due and payable on the earlier of (A) the first day of the month following the date on which the
applicable costs, expenses, or Lender Group Expenses were first incurred, or (B) the date on which demand therefor is made by Agent (it being acknowledged and agreed that any charging of such costs, expenses or Lender Group Expenses to the Loan
Account pursuant to the provisions of the following sentence shall be deemed to constitute a demand for payment thereof for the purposes of this subclause (B)). Borrowers hereby authorize Agent, from time to time without prior notice to Borrowers,
to charge to the Loan Account (A) on the first day of each month, all interest accrued during the prior month on the Revolving Loans, (B) on the first Business Day of each month, all Letter of Credit Fees accrued or chargeable hereunder
during the prior month, (C) as and when incurred or accrued, all fees and costs provided for in Section 2.10(a) or (c), (D) on the first day of each month, the Unused Line Fee accrued during the prior month pursuant to
Section 2.10(b), (E) as and when due and payable, all other fees payable hereunder or under any of the other Loan Documents, (F) as and when incurred or accrued, all other Lender Group Expenses, and (G) as and when due and
payable all other payment obligations payable under any Loan Document or any Bank Product Agreement (including any amounts due and payable to the Bank Product Providers in respect of Bank Products). All amounts (including interest, fees, costs,
expenses, Lender Group Expenses, or other amounts payable hereunder or under any other Loan Document or under any Bank Product Agreement) charged to the Loan Account shall thereupon constitute Revolving Loans hereunder, shall constitute Obligations
hereunder, and shall initially accrue interest at the rate then applicable to Revolving Loans that are Base Rate Loans (unless and until converted into LIBOR Rate Loans in accordance with the terms of this Agreement). 

(e) Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in each
case, for the actual number of days elapsed in the period during which the interest or fees accrue. In the event the Base Rate is changed from time to time hereafter, the rates of interest hereunder based upon the Base Rate automatically and
immediately shall be increased or decreased by an amount equal to such change in the Base Rate. 
 (f) Intent to Limit Charges to Maximum
Lawful Rate. In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a
final determination, deem applicable. Borrowers and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, that,
anything contained herein to the contrary notwithstanding, if such rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as 

  
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of the date of this Agreement, Borrowers are and shall be liable only for the payment of such maximum amount as is allowed by law, and payment received from Borrowers in excess of such legal
maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess. 
 2.7
Crediting Payments. The receipt of any payment item by Agent shall not be required to be considered a payment on account unless such payment item is a wire transfer of immediately available funds made to Agent’s Account or unless and
until such payment item is honored when presented for payment. Should any payment item not be honored when presented for payment, then Borrowers shall be deemed not to have made such payment. Anything to the contrary contained herein
notwithstanding, any payment item shall be deemed received by Agent only if it is received into Agent’s Account on a Business Day on or before 1:30 p.m. If any payment item is received into Agent’s Account on a non-Business Day or after
1:30 p.m. on a Business Day (unless Agent, in its sole discretion, elects to credit it on the date received), it shall be deemed to have been received by Agent as of the opening of business on the immediately following Business Day. 

2.8 Designated Account. Agent is authorized to make the Revolving Loans, and Issuing Bank is authorized to issue the Letters of
Credit, under this Agreement based upon telephonic or other instructions received from anyone purporting to be an Authorized Person or, without instructions, if pursuant to Section 2.6(d). Borrowers agree to establish and maintain the
Designated Account with the Designated Account Bank for the purpose of receiving the proceeds of the Revolving Loans requested by Borrowers and made by Agent or the Lenders hereunder. Unless otherwise agreed by Agent and Borrowers, any Revolving
Loan requested by Borrowers and made by Agent or the Lenders hereunder shall be made to the Designated Account. 
 2.9 Maintenance of
Loan Account; Statements of Obligations. Agent shall maintain an account on its books in the name of Borrowers (the “Loan Account”) on which Borrowers will be charged with all Revolving Loans (including Special Advances) made by
Agent or the Lenders to Borrowers or for Borrowers’ account, the Letters of Credit issued or arranged by Issuing Bank for Borrowers’ account, and with all other payment Obligations hereunder or under the other Loan Documents, including,
accrued interest, fees and expenses, and Lender Group Expenses. In accordance with Section 2.7, the Loan Account will be credited with all payments received by Agent from Borrowers or for Borrowers’ account. Agent shall make available to
Borrowers monthly statements regarding the Loan Account, including the principal amount of the Revolving Loans, interest accrued hereunder, fees accrued or charged hereunder or under the other Loan Documents, and a summary itemization of all charges
and expenses constituting Lender Group Expenses accrued hereunder or under the other Loan Documents, and each such statement, absent manifest error, shall be conclusively presumed to be correct and accurate and constitute an account stated between
Borrowers and the Lender Group unless, within thirty (30) days after Agent first makes such a statement available to Borrowers, Borrowers shall deliver to Agent written objection thereto describing the error or errors contained in such
statement. 
 2.10 Fees.  

(a) Agent Fees. Borrowers shall, and hereby jointly and severally agree to, pay to Agent, for the account of Agent, as and when due and
payable under the terms of the Fee Letter, the fees set forth in the Fee Letter. 
 (b) Unused Line Fee. Borrowers shall, and hereby
jointly and severally agree to, pay to Agent, for the ratable account of Lenders, an unused line fee (the “Unused Line Fee”) in an amount equal to the 0.375% (or 0.25% at any time when Revolver Usage is greater fifty percent
(50%) of the Maximum Credit) per annum times the result of (i) the Maximum Credit, less (ii) the average daily amount of the 

  
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Revolver Usage during the immediately preceding month (or portion thereof), which Unused Line Fee shall be due and payable in arrears on the first day of each month from and after the Closing
Date up to the first day of the month prior to the date on which the Obligations are paid in full and on the date on which the Obligations are paid in full. 

(c) Field Examination and Other Fees. Borrowers shall pay to Agent, subject to the limitations set forth in Section 5.7,
field examination fees and charges, as and when incurred or chargeable, as follows (i) a fee of $1,000 per day, per field examiner, plus documented out-of-pocket expenses (including travel, meals, and lodging) for each field examination of
Borrowers performed by personnel employed by Agent and (ii) the documented fees or charges paid or incurred by Agent if it elects to employ the services of one or more third Persons to perform field examinations of Loan Parties, to establish
electronic collateral reporting systems, to appraise the Collateral, or any portion thereof, or to assess Borrowers’ business valuation. All amounts due and owing under this clause (c) shall constitute part of the Obligations. 

 

	 	2.11	 Letters of Credit. 

(a) Subject to the terms and conditions of this Agreement, upon the request of Borrowers made in accordance herewith, and prior to the Maturity
Date, Issuing Bank agrees to issue requested standby Letters of Credit or sight commercial Letters of Credit for the account of Borrowers. By submitting a request to Issuing Bank for the issuance of a Letter of Credit, Borrowers shall be deemed to
have requested that Issuing Bank issue the requested Letter of Credit. Each request for the issuance of a Letter of Credit, or the amendment, renewal, or extension of any outstanding Letter of Credit, shall be (i) irrevocable and made in
writing by an Authorized Person, (ii) delivered to Agent and Issuing Bank via telefacsimile or other electronic method of transmission reasonably acceptable to Agent and Issuing Bank and reasonably in advance of the requested date of issuance,
amendment, renewal, or extension, and (iii) subject to Issuing Bank’s authentication procedures with results satisfactory to Issuing Bank. Each such request shall be in form and substance reasonably satisfactory to Agent and Issuing Bank
and (i) shall specify (A) the amount of such Letter of Credit, (B) the date of issuance, amendment, renewal, or extension of such Letter of Credit, (C) the proposed expiration date of such Letter of Credit, (D) the name and
address of the beneficiary of the Letter of Credit, and (E) such other information (including, the conditions to drawing, and, in the case of an amendment, renewal, or extension, identification of the Letter of Credit to be so amended, renewed,
or extended) as shall be necessary to prepare, amend, renew, or extend such Letter of Credit, and (ii) shall be accompanied by such Issuer Documents as Agent or Issuing Bank may request or require, to the extent that such requests or
requirements are consistent with the Issuer Documents that Issuing Bank generally requests for Letters of Credit in similar circumstances. Issuing Bank’s records of the content of any such request will be conclusive. Anything contained herein
to the contrary notwithstanding, Issuing Bank may, but shall not be obligated to, issue a Letter of Credit that supports the obligations of a Loan Party or one of its Subsidiaries in respect of (x) a lease of real property to the extent that
the face amount of such Letter of Credit exceeds the highest rent (including all rent-like charges) payable under such lease for a period of one year, or (y) an employment contract to the extent that the face amount of such Letter of Credit
exceeds the highest compensation payable under such contract for a period of one year. 
 (b) Issuing Bank shall have no obligation to issue
a Letter of Credit if any of the following would result after giving effect to the requested issuance: 
 (i) the Letter of Credit Usage
would exceed the Letter of Credit Sublimit, or 
 (ii) the Letter of Credit Usage would exceed the Maximum Credit less the outstanding
amount of Revolving Loans, or 

  
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 (iii) the Letter of Credit Usage would exceed the Borrowing Base at such time less the
outstanding principal balance of the Revolving Loans at such time. 
 (c) In the event there is a Defaulting Lender as of the date of any
request for the issuance of a Letter of Credit, Issuing Bank shall not be required to issue or arrange for such Letter of Credit to the extent (i) the Defaulting Lender’s Letter of Credit Exposure with respect to such Letter of Credit may
not be reallocated pursuant to Section 2.3(g)(ii), or (ii) Issuing Bank has not otherwise entered into arrangements reasonably satisfactory to it and Borrowers to eliminate Issuing Bank’s risk with respect to the participation
in such Letter of Credit of the Defaulting Lender, which arrangements may include Borrowers cash collateralizing such Defaulting Lender’s Letter of Credit Exposure in accordance with Section 2.3(g)(ii). Additionally, Issuing Bank
shall have no obligation to issue or extend a Letter of Credit if (A) any order, judgment, or decree of any Governmental Authority or arbitrator shall, by its terms, purport to enjoin or restrain Issuing Bank from issuing such Letter of Credit,
or any law applicable to Issuing Bank or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over Issuing Bank shall prohibit or request that Issuing Bank refrain from the issuance of
letters of credit generally or such Letter of Credit in particular, or (B) the issuance of such Letter of Credit would violate one or more policies of Issuing Bank applicable to letters of credit generally. 

(d) Any Issuing Bank (other than Wells Fargo or any of its Affiliates) shall notify Agent in writing no later than the Business Day prior to
the Business Day on which such Issuing Bank issues any Letter of Credit. In addition, each Issuing Bank (other than Wells Fargo or any of its Affiliates) shall, on the first Business Day of each week, submit to Agent a report detailing the daily
undrawn amount of each Letter of Credit issued by such Issuing Bank during the prior calendar week. Each Letter of Credit shall be in form and substance reasonably acceptable to Issuing Bank, including the requirement that the amounts payable
thereunder must be payable in Dollars. If Issuing Bank makes a payment under a Letter of Credit, Borrowers shall pay to Agent an amount equal to the applicable Letter of Credit Disbursement on the Business Day such Letter of Credit Disbursement is
made and, in the absence of such payment, the amount of the Letter of Credit Disbursement immediately and automatically shall be deemed to be a Revolving Loan hereunder (notwithstanding any failure to satisfy any condition precedent set forth in
Section 3) and, initially, shall bear interest at the rate then applicable to Revolving Loans that are Base Rate Loans. If a Letter of Credit Disbursement is deemed to be a Revolving Loan hereunder, Borrowers’ obligation to pay the
amount of such Letter of Credit Disbursement to Issuing Bank shall be automatically converted into an obligation to pay the resulting Revolving Loan. Promptly following receipt by Agent of any payment from Borrowers pursuant to this paragraph, Agent
shall distribute such payment to Issuing Bank or, to the extent that Lenders have made payments pursuant to Section 2.11(e) to reimburse Issuing Bank, then to such Lenders and Issuing Bank as their interests may appear. 

(e) Promptly following receipt of a notice of a Letter of Credit Disbursement pursuant to Section 2.11(d), each Lender agrees to
fund its Pro Rata Share of any Revolving Loan deemed made pursuant to Section 2.11(d) on the same terms and conditions as if Borrowers had requested the amount thereof as a Revolving Loan and Agent shall promptly pay to Issuing Bank the
amounts so received by it from the Revolving Lenders. By the issuance of a Letter of Credit (or an amendment, renewal, or extension of a Letter of Credit) and without any further action on the part of Issuing Bank or the Lenders, Issuing Bank shall
be deemed to have granted to each Lender, and each Lender shall be deemed to have purchased, a participation in each Letter of Credit issued by Issuing Bank, in an amount equal to its Pro Rata Share of such Letter of Credit, and each such Revolving
Lender agrees to pay to Agent, for the account of Issuing Bank, such Lender’s Pro Rata Share of any Letter of Credit Disbursement made by Issuing Bank under the applicable Letter of Credit. In consideration and in furtherance of the foregoing,
each Lender hereby absolutely and unconditionally agrees to pay to Agent, for the account of Issuing Bank, such Lender’s Pro Rata Share of each Letter of Credit Disbursement made by Issuing Bank and not

  
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reimbursed by Borrowers on the date due as provided in Section 2.11(d), or of any reimbursement payment that is required to be refunded (or that Agent or Issuing Bank elects, based
upon the advice of counsel, to refund) to Borrowers for any reason. Each Lender acknowledges and agrees that its obligation to deliver to Agent, for the account of Issuing Bank, an amount equal to its respective Pro Rata Share of each Letter of
Credit Disbursement pursuant to this Section 2.11(e) shall be absolute and unconditional and such remittance shall be made notwithstanding the occurrence or continuation of an Event of Default or Default or the failure to satisfy any
condition set forth in Section 3. If any such Lender fails to make available to Agent the amount of such Lender’s Pro Rata Share of a Letter of Credit Disbursement as provided in this Section, such Lender shall be deemed to be a
Defaulting Lender and Agent (for the account of Issuing Bank) shall be entitled to recover such amount on demand from such Lender together with interest thereon at the Defaulting Lender Rate until paid in full. 

(f) Each Borrower agrees to indemnify, defend and hold harmless each member of the Lender Group (including Issuing Bank and its branches,
Affiliates, and correspondents) and each such Person’s respective directors, officers, employees, attorneys and agents (each, including Issuing Bank, a “Letter of Credit Related Person”) (to the fullest extent permitted by law) from
and against any and all claims, demands, suits, actions, investigations, proceedings, liabilities, fines, costs, penalties, and damages, and all reasonable fees and disbursements of attorneys, experts, or consultants and all other costs and expenses
actually incurred in connection therewith or in connection with the enforcement of this indemnification (as and when they are incurred and irrespective of whether suit is brought), which may be incurred by or awarded against any such Letter of
Credit Related Person (other than Taxes, which shall be governed by Section 16) (the “Letter of Credit Indemnified Costs”), and which arise out of or in connection with, or as a result of: 

(i) any Letter of Credit or any pre-advice of its issuance; 

(ii) any transfer, sale, delivery, surrender or endorsement (or lack thereof) of any Drawing Document at any time(s) held by any such Letter
of Credit Related Person in connection with any Letter of Credit; 
 (iii) any action or proceeding arising out of, or in connection with,
any Letter of Credit (whether administrative, judicial or in connection with arbitration), including any action or proceeding to compel or restrain any presentation or payment under any Letter of Credit, or for the wrongful dishonor of, or honoring
a presentation under, any Letter of Credit; 
 (iv) any independent undertakings issued by the beneficiary of any Letter of Credit; 

(v) any unauthorized instruction or request made to Issuing Bank in connection with any Letter of Credit or requested Letter of Credit, or any
error, omission, interruption or delay in such instruction or request, whether transmitted by mail, courier, electronic transmission, SWIFT, or any other telecommunication including communications through a correspondent; 

(vi) an adviser, confirmer or other nominated person seeking to be reimbursed, indemnified or compensated; 

(vii) any third party seeking to enforce the rights of an applicant, beneficiary, nominated person, transferee, assignee of Letter of Credit
proceeds or holder of an instrument or document; 
 (viii) the fraud, forgery or illegal action of parties other than the Letter of Credit
Related Person; 

  
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 (ix) any prohibition on payment or delay in payment of any amount payable by Issuing Bank
to a beneficiary or transferee beneficiary of a Letter of Credit arising out of Anti-Corruption Laws, Anti-Money Laundering Laws, or Sanctions; 

(x) Issuing Bank’s performance of the obligations of a confirming institution or entity that wrongfully dishonors a confirmation; 

(xi) any foreign language translation provided to Issuing Bank in connection with any Letter of Credit; 

(xii) any foreign law or usage as it relates to Issuing Bank’s issuance of a Letter of Credit in support of a foreign guaranty including
without limitation the expiration of such guaranty after the related Letter of Credit expiration date and any resulting drawing paid by Issuing Bank in connection therewith; or 

(xiii) the acts or omissions, whether rightful or wrongful, of any present or future de jure or de facto governmental or regulatory authority
or cause or event beyond the control of the Letter of Credit Related Person; 
 provided, that such indemnity shall not be available to any Letter of
Credit Related Person claiming indemnification under clauses (i) through (x) above to the extent that such Letter of Credit Indemnified Costs may be finally determined in a final, non-appealable judgment of a court of competent
jurisdiction to have resulted directly from the gross negligence or willful misconduct of the Letter of Credit Related Person claiming indemnity. Borrowers hereby agree to pay the Letter of Credit Related Person claiming indemnity on demand from
time to time all amounts owing under this Section 2.11(f). If and to the extent that the obligations of Borrowers under this Section 2.11(f) are unenforceable for any reason, Borrowers agree to make the maximum contribution
to the Letter of Credit Indemnified Costs permissible under applicable law. This indemnification provision shall survive termination of this Agreement and all Letters of Credit. 

(g) The liability of Issuing Bank (or any other Letter of Credit Related Person) under, in connection with or arising out of any Letter of
Credit (or pre-advice), regardless of the form or legal grounds of the action or proceeding, shall be limited to direct damages suffered by Borrowers that are caused directly by Issuing Bank’s gross negligence or willful misconduct in
(i) honoring a presentation under a Letter of Credit that on its face does not at least substantially comply with the terms and conditions of such Letter of Credit, (ii) failing to honor a presentation under a Letter of Credit that
strictly complies with the terms and conditions of such Letter of Credit, or (iii) retaining Drawing Documents presented under a Letter of Credit. Borrowers’ aggregate remedies against Issuing Bank and any Letter of Credit Related Person
for wrongfully honoring a presentation under any Letter of Credit or wrongfully retaining honored Drawing Documents shall in no event exceed the aggregate amount paid by Borrowers to Issuing Bank in respect of the honored presentation in connection
with such Letter of Credit under Section 2.11(d), plus interest at the rate then applicable to Base Rate Loans hereunder. Borrowers shall take action to avoid and mitigate the amount of any damages claimed against Issuing
Bank or any other Letter of Credit Related Person, including by enforcing its rights against the beneficiaries of the Letters of Credit. Any claim by Borrowers under or in connection with any Letter of Credit shall be reduced by an amount equal to
the sum of (x) the amount (if any) saved by Borrowers as a result of the breach or alleged wrongful conduct complained of, and (y) the amount (if any) of the loss that would have been avoided had Borrowers taken all reasonable steps to
mitigate any loss, and in case of a claim of wrongful dishonor, by specifically and timely authorizing Issuing Bank to effect a cure. 

  
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 (h) Borrowers are responsible for the final text of the Letter of Credit as issued by
Issuing Bank, irrespective of any assistance Issuing Bank may provide such as drafting or recommending text or by Issuing Bank’s use or refusal to use text submitted by Borrowers. Borrowers understand that the final form of any Letter of Credit
may be subject to such revisions and changes as are deemed necessary or appropriate by Issuing Bank, and Borrowers hereby consent to such revisions and changes not materially different from the application executed in connection therewith. Borrowers
are solely responsible for the suitability of the Letter of Credit for Borrowers’ purposes. If Borrowers request Issuing Bank to issue a Letter of Credit for an affiliated or unaffiliated third party (an “Account Party”),
(i) such Account Party shall have no rights against Issuing Bank; (ii) Borrowers shall be responsible for the application and obligations under this Agreement; and (iii) communications (including notices) related to the respective
Letter of Credit shall be among Issuing Bank and Borrowers. Borrowers will examine the copy of the Letter of Credit and any other documents sent by Issuing Bank in connection therewith and shall promptly notify Issuing Bank (not later than three
(3) Business Days following Borrowers’ receipt of documents from Issuing Bank) of any non-compliance with Borrowers’ instructions and of any discrepancy in any document under any presentment or other irregularity. Borrowers understand
and agree that Issuing Bank is not required to extend the expiration date of any Letter of Credit for any reason. With respect to any Letter of Credit containing an “automatic amendment” to extend the expiration date of such Letter of
Credit, Issuing Bank, in its sole and absolute discretion, may give notice of nonrenewal of such Letter of Credit and, if Borrowers do not at any time want the then current expiration date of such Letter of Credit to be extended, Borrowers will so
notify Agent and Issuing Bank at least 30 calendar days before Issuing Bank is required to notify the beneficiary of such Letter of Credit or any advising bank of such non-extension pursuant to the terms of such Letter of Credit. 

(i) Borrowers’ reimbursement and payment obligations under this Section 2.11 are absolute, unconditional and irrevocable and
shall be performed strictly in accordance with the terms of this Agreement under any and all circumstances whatsoever, including: 
 (i) any
lack of validity, enforceability or legal effect of any Letter of Credit, any Issuer Document, this Agreement, or any Loan Document, or any term or provision therein or herein; 

(ii) payment against presentation of any draft, demand or claim for payment under any Drawing Document that does not comply in whole or in
part with the terms of the applicable Letter of Credit or which proves to be fraudulent, forged or invalid in any respect or any statement therein being untrue or inaccurate in any respect, or which is signed, issued or presented by a Person or a
transferee of such Person purporting to be a successor or transferee of the beneficiary of such Letter of Credit; 
 (iii) Issuing Bank or
any of its branches or Affiliates being the beneficiary of any Letter of Credit; 
 (iv) Issuing Bank or any correspondent honoring a
drawing against a Drawing Document up to the amount available under any Letter of Credit even if such Drawing Document claims an amount in excess of the amount available under the Letter of Credit; 

(v) the existence of any claim, set-off, defense or other right that any Loan Party or any of its Subsidiaries may have at any time against
any beneficiary or transferee beneficiary, any assignee of proceeds, Issuing Bank or any other Person; 
 (vi) Issuing Bank or any
correspondent honoring a drawing upon receipt of an electronic presentation under a Letter of Credit requiring the same, regardless of whether the original Drawing Documents arrive at Issuing Bank’s counters or are different from the electronic
presentation; 

  
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 (vii) any other event, circumstance or conduct whatsoever, whether or not similar to any of
the foregoing that might, but for this Section 2.11(i), constitute a legal or equitable defense to or discharge of, or provide a right of set-off against, any Borrower’s or any of its Subsidiaries’ reimbursement and other
payment obligations and liabilities, arising under, or in connection with, any Letter of Credit, whether against Issuing Bank, the beneficiary or any other Person; or 

(viii) the fact that any Default or Event of Default shall have occurred and be continuing; 

provided, that, subject to Section 2.11(g) above, the foregoing shall not release Issuing Bank from such liability to Borrowers as
may be finally determined in a final, non-appealable judgment of a court of competent jurisdiction against Issuing Bank following reimbursement or payment of the obligations and liabilities, including reimbursement and other payment obligations, of
Borrowers to Issuing Bank arising under, or in connection with, this Section 2.11 or any Letter of Credit. 
 (j) Without
limiting any other provision of this Agreement, Issuing Bank and each other Letter of Credit Related Person (if applicable) shall not be responsible to Borrowers for, and Issuing Bank’s rights and remedies against Borrowers and the obligation
of Borrowers to reimburse Issuing Bank for each drawing under each Letter of Credit shall not be impaired by: 
 (i) honor of a presentation
under any Letter of Credit that on its face substantially complies with the terms and conditions of such Letter of Credit, even if the Letter of Credit requires strict compliance by the beneficiary; 

(ii) honor of a presentation of any Drawing Document that appears on its face to have been signed, presented or issued (A) by any
purported successor or transferee of any beneficiary or other Person required to sign, present or issue such Drawing Document or (B) under a new name of the beneficiary; 

(iii) acceptance as a draft of any written or electronic demand or request for payment under a Letter of Credit, even if nonnegotiable or not
in the form of a draft or notwithstanding any requirement that such draft, demand or request bear any or adequate reference to the Letter of Credit; 

(iv) the identity or authority of any presenter or signer of any Drawing Document or the form, accuracy, genuineness or legal effect of any
Drawing Document (other than Issuing Bank’s determination that such Drawing Document appears on its face substantially to comply with the terms and conditions of the Letter of Credit); 

(v) acting upon any instruction or request relative to a Letter of Credit or requested Letter of Credit that Issuing Bank in good faith
believes to have been given by a Person authorized to give such instruction or request; 
 (vi) any errors, omissions, interruptions or
delays in transmission or delivery of any message, advice or document (regardless of how sent or transmitted) or for errors in interpretation of technical terms or in translation or any delay in giving or failing to give notice to any Borrower; 

(vii) any acts, omissions or fraud by, or the insolvency of, any beneficiary, any nominated person or entity or any other Person or any breach
of contract between any beneficiary and any Borrower or any of the parties to the underlying transaction to which the Letter of Credit relates; 

  
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 (viii) assertion or waiver of any provision of the ISP or UCP that primarily benefits an
issuer of a letter of credit, including any requirement that any Drawing Document be presented to it at a particular hour or place; 
 (ix)
payment to any presenting bank (designated or permitted by the terms of the applicable Letter of Credit) claiming that it rightfully honored or is entitled to reimbursement or indemnity under Standard Letter of Credit Practice applicable to it; 

(x) acting or failing to act as required or permitted under Standard Letter of Credit Practice applicable to where Issuing Bank has issued,
confirmed, advised or negotiated such Letter of Credit, as the case may be; 
 (xi) honor of a presentation after the expiration date of any
Letter of Credit notwithstanding that a presentation was made prior to such expiration date and dishonored by Issuing Bank if subsequently Issuing Bank or any court or other finder of fact determines such presentation should have been honored; 

(xii) dishonor of any presentation that does not strictly comply or that is fraudulent, forged or otherwise not entitled to honor; or 

(xiii) honor of a presentation that is subsequently determined by Issuing Bank to have been made in violation of international, federal, state
or local restrictions on the transaction of business with certain prohibited Persons. 
 (k) Borrowers shall pay immediately upon demand to
Agent for the account of Issuing Bank as non-refundable fees, commissions, and charges (it being acknowledged and agreed that any charging of such fees, commissions, and charges to the Loan Account pursuant to the provisions of
Section 2.6(d) shall be deemed to constitute a demand for payment thereof for the purposes of this Section 2.11(k)): (i) a fronting fee (a “Fronting Fee”) payable to Issuing Bank in accordance with
Section 2.6(d) with respect all outstanding Letters of Credit in the amount of .125% per annum on the average daily amount of the Letter of Credit Exposure during the calculation period, plus (ii) any and all other customary
commissions, fees and charges then in effect imposed by, and any and all expenses incurred by, Issuing Bank, or by any adviser, confirming institution or entity or other nominated person, relating to Letters of Credit, at the time of issuance of any
Letter of Credit and upon the occurrence of any other activity with respect to any Letter of Credit (including transfers, assignments of proceeds, amendments, drawings, renewals or cancellations). 

(l) If by reason of (x) any Change in Law, or (y) compliance by Issuing Bank or any other member of the Lender Group with any
direction, request, or requirement (irrespective of whether having the force of law) of any Governmental Authority or monetary authority including, Regulation D of the Board of Governors as from time to time in effect (and any successor thereto):

 (i) any reserve, deposit, or similar requirement is or shall be imposed or modified in respect of any Letter of Credit issued or caused
to be issued hereunder or hereby, or any Loans or obligations to make Loans hereunder or hereby, or 
 (ii) there shall be imposed on
Issuing Bank or any other member of the Lender Group any other condition regarding any Letter of Credit, Loans or obligations to make Loans hereunder, 

and the result of the foregoing is to increase, directly or indirectly, the cost to Issuing Bank or any other member of the Lender Group of issuing, making,
participating in, or maintaining any Letter of Credit or 

  
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making any Loan hereunder, or, in any case, to reduce the amount receivable in respect thereof, then, and in any such case, Agent may, at any time within a reasonable period after the additional
cost is incurred or the amount received is reduced, notify Borrowers, and Borrowers shall pay within thirty (30) days after demand therefor, such amounts as Agent may specify to be necessary to compensate Issuing Bank or any other member of the
Lender Group for such additional cost or reduced receipt, together with interest on such amount from the date of such demand until payment in full thereof at the rate then applicable to Base Rate Loans hereunder; provided, that
(A) Borrowers shall not be required to provide any compensation pursuant to this Section 2.11(l) for any such amounts incurred more than one hundred (180) days prior to the date on which the demand for payment of such amounts
is first made to Borrowers, and (B) if an event or circumstance giving rise to such amounts is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. The determination by
Agent of any amount due pursuant to this Section 2.11(l), as set forth in a certificate setting forth the calculation thereof in reasonable detail, shall, in the absence of manifest or demonstrable error, be final and conclusive and
binding on all of the parties hereto. 
 (m) Each standby Letter of Credit shall expire not later than the date that is twelve
(12) months after the date of the issuance of such Letter of Credit; provided, that any standby Letter of Credit may provide for the automatic extension thereof for any number of additional periods each of up to one year in duration;
provided, that, with respect to any Letter of Credit which extends beyond the Maturity Date, Letter of Credit Collateralization shall be provided therefor on or before the date that is five (5) Business Days prior to the Maturity
Date. Each commercial Letter of Credit shall expire on the earlier of (i) one hundred twenty (120) days after the date of the issuance of such commercial Letter of Credit and (ii) five Business Days prior to the Maturity Date. 

(n) If (i) any Event of Default shall occur and be continuing, or (ii) Excess Availability shall at any time be less than zero, then
on the Business Day following the date when the Lead Borrower receives notice from Agent or the Required Lenders (or, if the maturity of the Obligations has been accelerated, Revolving Lenders with Letter of Credit Exposure representing greater than
fifty percent (50%) of the total Letter Credit Exposure) demanding Letter of Credit Collateralization pursuant to this Section 2.11(n) upon such demand, Borrowers shall provide Letter of Credit Collateralization with respect to the
then existing Letter of Credit Usage. If Borrowers fail to provide Letter of Credit Collateralization as required by this Section 2.11(n), the Revolving Lenders may (and, upon direction of Agent, shall) advance, as Revolving Loans the
amount of the cash collateral required pursuant to the Letter of Credit Collateralization provision so that the then existing Letter of Credit Usage is cash collateralized in accordance with the Letter of Credit Collateralization provision (whether
or not the Revolver Commitments have terminated, an Overadvance exists or the conditions in Section 3 are satisfied). 
 (o)
Unless otherwise expressly agreed by Issuing Bank and Borrowers when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP or UCP shall apply to each standby Letter of
Credit, and (ii) the rules of the UCP shall apply to each commercial Letter of Credit. 
 (p) Issuing Bank shall be deemed to have acted
with due diligence and reasonable care if Issuing Bank’s conduct is in accordance with Standard Letter of Credit Practice or in accordance with this Agreement. 

(q) In the event of a direct conflict between the provisions of this Section 2.11 and any provision contained in any Issuer
Document, it is the intention of the parties hereto that such provisions be read together and construed, to the fullest extent possible, to be in concert with each other. In the event of any actual, irreconcilable conflict that cannot be resolved as
aforesaid, the terms and provisions of this Section 2.11 shall control and govern. 

  
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 (r) The provisions of this Section 2.11 shall survive the termination of this
Agreement and the repayment in full of the Obligations with respect to any Letters of Credit that remain outstanding. 
 (s) At
Borrowers’ costs and expense, Borrowers shall execute and deliver to Issuing Bank such additional certificates, instruments and/or documents and take such additional action as may be reasonably requested by Issuing Bank to enable Issuing Bank
to issue any Letter of Credit pursuant to this Agreement and related Issuer Document, to protect, exercise and/or enforce Issuing Banks’ rights and interests under this Agreement or to give effect to the terms and provisions of this Agreement
or any Issuer Document. Each Borrower irrevocably appoints Issuing Bank as its attorney-in-fact and authorizes Issuing Bank, without notice to Borrowers, to execute and deliver ancillary documents and letters customary in the letter of credit
business that may include but are not limited to advisements, indemnities, checks, bills of exchange and issuance documents. The power of attorney granted by the Borrowers is limited solely to such actions related to the issuance, confirmation or
amendment of any Letter of Credit and to ancillary documents or letters customary in the letter of credit business. This appointment is coupled with an interest. 

(t) On the Closing Date, each of the Existing Letters of Credit shall be deemed to have been issued as a Letter of Credit under this Agreement
by the Issuing Bank, and such Issuing Bank shall be deemed, without further action by any party hereto, to have granted to each of the Lenders, and each Lender shall be deemed, without further action by any party hereto, to have acquired from such
Issuing Bank, a participation (on the terms specified in this Section 2.11) in each Existing Letter of Credit equal to such Lender’s Pro Rata Share thereof. Concurrently with such sale of participations, the participations granted pursuant
to the terms of the Existing Credit Agreement to the lenders party thereto shall be automatically cancelled without further action by any of the parties hereto. Each Lender acknowledges and agrees that its obligation to acquire participations in
Existing Letters of Credit pursuant to this paragraph is absolute and unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or reduction or termination of the Commitments, and
that each payment by a Lender in respect of such participations shall be made without any offset, abatement, withholding or reduction whatsoever. 
  

	 	2.12	 LIBOR Option. 

(a) Interest and Interest Payment Dates. In lieu of having interest charged at the rate based upon the Base Rate, Borrowers shall have
the option, subject to Section 2.12(b) below (the “LIBOR Option”) to have interest on all or a portion of the Revolving Loans be charged (whether at the time when made (unless otherwise provided herein), upon conversion
from a Base Rate Loan to a LIBOR Rate Loan, or upon continuation of a LIBOR Rate Loan as a LIBOR Rate Loan) at a rate of interest based upon the LIBOR Rate. Interest on LIBOR Rate Loans shall be payable on the earliest of (i) the last day of
the Interest Period applicable thereto; provided, that, subject to the following clauses (ii) and (iii), in the case of any Interest Period greater than three (3) months in duration, interest shall be payable at three
(3) month intervals after the commencement of the applicable Interest Period and on the last day of such Interest Period), (ii) the date on which all or any portion of the Obligations are accelerated pursuant to the terms hereof, or
(iii) the date on which this Agreement is terminated pursuant to the terms hereof. On the last day of each applicable Interest Period, unless Borrowers have properly exercised the LIBOR Option with respect thereto, the interest rate applicable
to such LIBOR Rate Loan automatically shall convert to the rate of interest then applicable to Base Rate Loans of the same type hereunder. At any time that an Event of Default has occurred and is continuing, at the written election of Agent or the
Required Lenders, Borrowers no longer shall have the option to request that Revolving Loans or any portion of the Term Loan bear interest at a rate based upon the LIBOR Rate. 

  
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 (b) LIBOR Election. 

(i) Borrowers may, at any time and from time to time, so long as Borrowers have not received a notice from Agent (which notice Agent may elect
to give or not give in its discretion unless Agent is directed to give such notice by the Required Lenders, in which case, it shall give the notice to Borrowers), after the occurrence and during the continuance of an Event of Default, to terminate
the right of Borrowers to exercise the LIBOR Option during the continuance of such Event of Default, elect to exercise the LIBOR Option by notifying Agent prior to 11:00 a.m. at least three (3) Business Days prior to the commencement of the
proposed Interest Period (the “LIBOR Deadline”). Notice of Borrowers’ election of the LIBOR Option for a permitted portion of the Revolving Loans and an Interest Period pursuant to this Section shall be made by delivery to
Agent of a LIBOR Notice received by Agent before the LIBOR Deadline. Promptly upon its receipt of each such LIBOR Notice, Agent shall provide a copy thereof to each of the affected Lenders. 

(ii) Each LIBOR Notice shall be irrevocable and binding on Borrowers. In connection with each LIBOR Rate Loan, each Borrower shall jointly and
severally indemnify, defend, and hold Agent and the Lenders harmless against any loss, cost, or expense actually incurred by Agent or any Lender as a result of (A) the payment or required assignment of any principal of any LIBOR Rate Loan other
than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (B) the conversion of any LIBOR Rate Loan other than on the last day of the Interest Period applicable thereto, or (C) the
failure to borrow, convert, continue or prepay any LIBOR Rate Loan on the date specified in any LIBOR Notice delivered pursuant hereto (such losses, costs, or expenses, “Funding Losses”). A certificate of Agent or a Lender delivered
to Lead Borrower setting forth in reasonable detail any amount or amounts that Agent or such Lender is entitled to receive pursuant to this Section 2.12 shall be conclusive absent manifest error. Borrowers shall pay such amount to Agent
or the Lender, as applicable, within thirty (30) days of the date of its receipt of such certificate. If a payment of a LIBOR Rate Loan on a day other than the last day of the applicable Interest Period would result in a Funding Loss, Agent
may, in its sole discretion at the request of Borrowers, hold the amount of such payment as cash collateral in support of the Obligations until the last day of such Interest Period and apply such amounts to the payment of the applicable LIBOR Rate
Loan on such last day, it being agreed that Agent has no obligation to so defer the application of payments to any LIBOR Rate Loan and that, in the event that Agent does not defer such application, Borrowers shall be obligated to pay any resulting
Funding Losses. 
 (iii) Unless Agent, in its sole discretion, agrees otherwise, Borrowers shall have not more than five (5) LIBOR Rate
Loans in effect at any given time. Borrowers may only exercise the LIBOR Option for proposed LIBOR Rate Loans of not less than $1,000,000. 

(c) Conversion; Prepayment. Borrowers may convert LIBOR Rate Loans to Base Rate Loans or prepay LIBOR Rate Loans at any time;
provided, that, in the event that LIBOR Rate Loans are converted or prepaid on any date that is not the last day of the Interest Period applicable thereto, including as a result of any prepayment through the required application by
Agent of any payments or proceeds of Collateral in accordance with Section 2.4(b) or for any other reason, including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the
terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless against any and all Funding Losses in accordance with Section 2.12 (b)(ii). 

(d) Special Provisions Applicable to LIBOR Rate. 

  
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 (i) The LIBOR Rate may be adjusted by Agent with respect to any Lender on a prospective
basis to take into account any additional or increased costs to such Lender of maintaining or obtaining any eurodollar deposits or increased costs (other than Taxes which shall be governed by Section 16), in each case, due to changes in
applicable law occurring subsequent to the commencement of the then applicable Interest Period, including any Changes in Law and changes in the reserve requirements imposed by the Board of Governors, which additional or increased costs would
increase the cost of funding or maintaining loans bearing interest at the LIBOR Rate. In any such event, the affected Lender shall give Lead Borrower and Agent notice of such a determination and adjustment and Agent promptly shall transmit the
notice to each other Lender and, upon its receipt of the notice from the affected Lender, Borrowers may, by notice to such affected Lender (A) require such Lender to furnish to Borrowers a statement setting forth in reasonable detail the basis
for adjusting such LIBOR Rate and the method for determining the amount of such adjustment, or (B) repay the LIBOR Rate Loans of such Lender with respect to which such adjustment is made (together with any amounts due under
Section 2.12(b)(ii)). 
 (ii) In the event that any change in market conditions or any Change in Law shall at any time after the
date hereof, in the reasonable opinion of any Lender, make it unlawful or impractical for such Lender to fund or maintain LIBOR Rate Loans or to continue such funding or maintaining, or to determine or charge interest rates at the LIBOR Rate, such
Lender shall give notice of such changed circumstances to Agent and Lead Borrower and Agent promptly shall transmit the notice to each other Lender and (A) in the case of any LIBOR Rate Loans of such Lender that are outstanding, the date
specified in such Lender’s notice shall be deemed to be the last day of the Interest Period of such LIBOR Rate Loans, and interest upon the LIBOR Rate Loans of such Lender thereafter shall accrue interest at the rate then applicable to Base
Rate Loans, and (B) Borrowers shall not be entitled to elect the LIBOR Option until such Lender determines that it would no longer be unlawful or impractical to do so. 

(e) No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any Lender, nor any
of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate. 
  

	 	2.13	 Capital Requirements. 

(a) If, after the date hereof, Issuing Bank or any Lender determines that (i) any Change in Law regarding capital, liquidity or reserve
requirements for banks or bank holding companies, or (ii) compliance by Issuing Bank or such Lender, or their respective parent bank holding companies, with any guideline, request or directive of any Governmental Authority regarding capital
adequacy or liquidity requirements (whether or not having the force of law), has the effect of reducing the return on Issuing Bank’s, such Lender’s, or such holding companies’ capital or liquidity as a consequence of Issuing
Bank’s or such Lender’s commitments, Loans, participations or other obligations hereunder to a level below that which Issuing Bank, such Lender, or such holding companies could have achieved but for such Change in Law or compliance (taking
into consideration Issuing Bank’s, such Lender’s, or such holding companies’ then existing policies with respect to capital adequacy or liquidity requirements and assuming the full utilization of such entity’s capital) by any
amount deemed by Issuing Bank or such Lender to be material, then Issuing Bank or such Lender may notify Borrowers and Agent thereof. Following receipt of such notice, Borrowers agree to pay Issuing Bank or such Lender on demand the amount of such
reduction of return of capital as and when such reduction is determined, payable within thirty (30) days after presentation by Issuing Bank or such Lender of a statement in the amount and setting forth in reasonable detail Issuing Bank’s
or such Lender’s calculation thereof and the assumptions upon which such calculation was based (which statement shall be deemed true and correct absent manifest error). In determining such amount, Issuing Bank or such Lender may use any
reasonable averaging and attribution methods. Failure or delay on the part of Issuing Bank or any Lender to demand compensation pursuant to 

  
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this Section shall not constitute a waiver of Issuing Bank’s or such Lender’s right to demand such compensation; provided, that Borrowers shall not be required to compensate
Issuing Bank or a Lender pursuant to this Section for any reductions in return incurred more than one hundred eighty (180) days prior to the date that Issuing Bank or such Lender notifies Borrowers of such Change in Law giving rise to such
reductions and of such Lender’s intention to claim compensation therefor; provided, that, if such claim arises by reason of the Change in Law that is retroactive, then the 180-day period referred to above shall be extended to
include the period of retroactive effect thereof. 
 (b) If Issuing Bank or any Lender requests additional or increased costs referred to in
Section 2.11(l) or Section 2.12(d)(i) or amounts under Section 2.13(a) or sends a notice under Section 2.12(d)(ii) relative to changed circumstances (such Issuing Bank or Lender, an “Affected
Lender”), then, at the request of Lead Borrower, such Affected Lender shall use reasonable efforts to promptly designate a different one of its lending offices or to assign its rights and obligations hereunder to another of its offices or
branches, if (i) in the reasonable judgment of such Affected Lender, such designation or assignment would eliminate or reduce amounts payable pursuant to Section 2.11(l), Section 2.12(d)(i) or
Section 2.13(a), as applicable, or would eliminate the illegality or impracticality of funding or maintaining LIBOR Rate Loans, and (ii) in the reasonable judgment of such Affected Lender, such designation or assignment would not
subject it to any material unreimbursed cost or expense and would not otherwise be materially disadvantageous to it. Borrowers agree to pay all reasonable out-of-pocket costs and expenses incurred by such Affected Lender in connection with any such
designation or assignment. If, after such reasonable efforts, such Affected Lender does not so designate a different one of its lending offices or assign its rights to another of its offices or branches so as to eliminate Borrowers’ obligation
to pay any future amounts to such Affected Lender pursuant to Section 2.11(l), Section 2.12(d)(i) or Section 2.13(a), as applicable, or to enable Borrowers to obtain LIBOR Rate Loans, then Borrowers (without
prejudice to any amounts then due to such Affected Lender under Section 2.11(l), Section 2.12(d)(i) or Section 2.13(a), as applicable) may, unless prior to the effective date of any such assignment the Affected
Lender withdraws its request for such additional amounts under Section 2.11(l), Section 2.12(d)(i) or Section 2.13(a), as applicable, or indicates that it is no longer unlawful or impractical to fund or maintain
LIBOR Rate Loans, may designate a different Issuing Bank or substitute a Lender or prospective Lender, in each case, reasonably acceptable to Agent to purchase the Obligations owed to such Affected Lender and such Affected Lender’s commitments
hereunder (a “Replacement Lender”), and if such Replacement Lender agrees to such purchase, such Affected Lender shall assign to the Replacement Lender its Obligations and commitments, and upon such purchase by the Replacement
Lender, which such Replacement Lender shall be deemed to be “Issuing Bank” or a “Lender” (as the case may be) for purposes of this Agreement and such Affected Lender shall cease to be “Issuing Bank” or a
“Lender” (as the case may be) for purposes of this Agreement. 
 (c) Notwithstanding anything herein to the contrary, the
protection of Sections 2.11(l), 2.12(d), and 2.13 shall be available to Issuing Bank and each Lender (as applicable) regardless of any possible contention of the invalidity or inapplicability of the law, rule, regulation,
judicial ruling, judgment, guideline, treaty or other change or condition which shall have occurred or been imposed, so long as it shall be customary for issuing banks or lenders affected thereby to comply therewith. Notwithstanding any other
provision herein, neither Issuing Bank nor any Lender shall demand compensation pursuant to this Section 2.13 if it shall not at the time be the general policy or practice of Issuing Bank or such Lender (as the case may be) to demand such
compensation in similar circumstances under comparable provisions of other credit agreements, if any. 
  

	 	2.14	 Reserved. 

 

	 	2.15	 Reserved. 

  
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	 	2.16	 Joint and Several Liabilities of Borrowers. 

(a) Each Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the financial
accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each Borrower and in consideration of the undertakings of the other Borrowers to accept joint and several liability for the
Obligations. 
 (b) Each Borrower, jointly and severally, hereby irrevocably and unconditionally accepts, not merely as a surety but also as
a co-debtor, joint and several liability with the other Borrowers, with respect to the payment and performance of all of the Obligations (including any Obligations arising under this Section 2.16), it being the intention of the parties
hereto that all the Obligations shall be the joint and several obligations of each Borrower without preferences or distinction among them. Accordingly, each Borrower hereby waives any and all suretyship defenses that would otherwise be available to
such Borrower under applicable law. 
 (c) If and to the extent that any Borrower shall fail to make any payment with respect to any of the
Obligations as and when due, whether upon maturity, acceleration, or otherwise, or to perform any of the Obligations in accordance with the terms thereof, then in each such event the other Borrowers will make such payment with respect to, or
perform, such Obligations until such time as all of the Obligations are paid in full and without the need for demand, protest, or any other notice or formality. 

(d) The Obligations of each Borrower under the provisions of this Section 2.16 constitute the absolute and unconditional, full
recourse Obligations of each Borrower enforceable against each Borrower to the full extent of its properties and assets, irrespective of the validity, regularity or enforceability of the provisions of this Agreement (other than this
Section 2.16(d)) or any other circumstances whatsoever. 
 (e) Without limiting the generality of the foregoing and except as
otherwise expressly provided in this Agreement, each Borrower hereby waives presentments, demands for performance, protests and notices, including notices of acceptance of its joint and several liability, notice of any Revolving Loans or any Letters
of Credit issued under or pursuant to this Agreement, notice of the occurrence of any Default, Event of Default, notices of nonperformance, notices of protest, notices of dishonor, notices of acceptance of this Agreement, notices of the existence,
creation, or incurring of new or additional Obligations or other financial accommodations or of any demand for any payment under this Agreement, notice of any action at any time taken or omitted by Agent or Lenders under or in respect of any of the
Obligations, any right to proceed against any other Borrower or any other Person, to proceed against or exhaust any security held from any other Borrower or any other Person, to protect, secure, perfect, or insure any security interest or Lien on
any property subject thereto or exhaust any right to take any action against any other Borrower, any other Person, or any collateral, to pursue any other remedy in any member of the Lender Group’s or any Bank Product Provider’s power
whatsoever, any requirement of diligence or to mitigate damages and, generally, to the extent permitted by applicable law, all demands, notices and other formalities of every kind in connection with this Agreement (except as otherwise provided in
this Agreement), any right to assert against any member of the Lender Group or any Bank Product Provider, any defense (legal or equitable), set-off, counterclaim, or claim which each Borrower may now or at any time hereafter have against any other
Borrower or any other party liable to any member of the Lender Group or any Bank Product Provider, any defense, set-off, counterclaim, or claim, of any kind or nature, arising directly or indirectly from the present or future lack of perfection,
sufficiency, validity, or enforceability of the Obligations or any security therefor, and any right or defense arising by reason of any claim or defense based upon an election of remedies by any member of the Lender Group or any Bank Product
Provider including any defense based upon an impairment or elimination of such Borrower’s rights of subrogation, reimbursement, contribution, or indemnity of such 

  
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Borrower against any other Borrower. Without limiting the generality of the foregoing, each Borrower hereby assents to, and waives notice of, any extension or postponement of the time for the
payment of any of the Obligations, the acceptance of any payment of any of the Obligations, the acceptance of any partial payment thereon, any waiver, consent or other action or acquiescence by Agent or Lenders at any time or times in respect of any
default by any Borrower in the performance or satisfaction of any term, covenant, condition or provision of this Agreement, any and all other indulgences whatsoever by Agent or Lenders in respect of any of the Obligations, and the taking, addition,
substitution or release, in whole or in part, at any time or times, of any security for any of the Obligations or the addition, substitution or release, in whole or in part, of any Borrower. Without limiting the generality of the foregoing, each
Borrower assents to any other action or delay in acting or failure to act on the part of any Agent or Lender with respect to the failure by any Borrower to comply with any of its respective Obligations, including, without limitation, any failure
strictly or diligently to assert any right or to pursue any remedy or to comply fully with applicable laws or regulations thereunder, which might, but for the provisions of this Section 2.16 afford grounds for terminating, discharging or
relieving any Borrower, in whole or in part, from any of its Obligations under this Section 2.16, it being the intention of each Borrower that, so long as any of the Obligations hereunder remain unsatisfied, the Obligations of each
Borrower under this Section 2.16 shall not be discharged except by performance and then only to the extent of such performance. The Obligations of each Borrower under this Section 2.16 shall not be diminished or rendered
unenforceable by any winding up, reorganization, arrangement, liquidation, reconstruction or similar proceeding with respect to any other Borrower or any Agent or Lender. Each of the Borrowers waives, to the fullest extent permitted by law, the
benefit of any statute of limitations affecting its liability hereunder or the enforcement hereof. Any payment by any Borrower or other circumstance which operates to toll any statute of limitations as to any Borrower shall operate to toll the
statute of limitations as to each of the Borrowers. Each of the Borrowers waives any defense based on or arising out of any defense of any Borrower or any other Person, other than payment of the Obligations to the extent of such payment, based on or
arising out of the disability of any Borrower or any other Person, or the validity, legality, or unenforceability of the Obligations or any part thereof from any cause, or the cessation from any cause of the liability of any Borrower other than
payment of the Obligations to the extent of such payment. Agent may, at the election of the Required Lenders, foreclose upon any Collateral held by Agent by one or more judicial or nonjudicial sales or other dispositions, whether or not every aspect
of any such sale is commercially reasonable or otherwise fails to comply with applicable law or may exercise any other right or remedy Agent, any other member of the Lender Group, or any Bank Product Provider may have against any Borrower or any
other Person, or any security, in each case, without affecting or impairing in any way the liability of any of the Borrowers hereunder except to the extent the Obligations have been paid. 

(f) Each Borrower represents and warrants to Agent and Lenders that such Borrower is currently informed of the financial condition of Borrowers
and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Obligations. Each Borrower further represents and warrants to Agent and Lenders that such Borrower has read and understands the
terms and conditions of the Loan Documents. Each Borrower hereby covenants that such Borrower will continue to keep informed of Borrowers’ financial condition and of all other circumstances which bear upon the risk of nonpayment or
nonperformance of the Obligations. 
 (g) The provisions of this Section 2.16 are made for the benefit of Agent, each member of
the Lender Group, each Bank Product Provider, and their respective successors and assigns, and may be enforced by it or them from time to time against any or all Borrowers as often as occasion therefor may arise and without requirement on the part
of Agent, any member of the Lender Group, any Bank Product Provider, or any of their successors or assigns first to marshal any of its or their claims or to exercise any of its or their rights against any Borrower or to exhaust any remedies
available to it or them against any Borrower or to resort to any other source or means of obtaining payment of any of the Obligations 

  
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hereunder or to elect any other remedy. The provisions of this Section 2.16 shall remain in effect until all of the Obligations shall have been paid in full or otherwise fully satisfied. If
at any time, any payment, or any part thereof, made in respect of any of the Obligations, is rescinded or must otherwise be restored or returned by Agent or any Lender upon the insolvency, bankruptcy or reorganization of any Borrower, or otherwise,
the provisions of this Section 2.16 will forthwith be reinstated in effect, as though such payment had not been made. 
 (h) Each
Borrower hereby agrees that it will not enforce any of its rights of contribution or subrogation against any other Borrower with respect to any liability incurred by it hereunder or under any of the other Loan Documents, any payments made by it to
Agent or Lenders with respect to any of the Obligations or any collateral security therefor until such time as all of the Obligations have been paid in full in cash. Any claim which any Borrower may have against any other Borrower with respect to
any payments to any Agent or any member of the Lender Group hereunder or under any of the Bank Product Agreements are hereby expressly made subordinate and junior in right of payment, without limitation as to any increases in the Obligations arising
hereunder or thereunder, to the prior payment in full in cash of the Obligations and, in the event of any insolvency, bankruptcy, receivership, liquidation, reorganization, administration, or other similar proceeding under the laws of any
jurisdiction relating to any Borrower, its debts or its assets, whether voluntary or involuntary, all such Obligations shall be paid in full in cash before any payment or distribution of any character, whether in cash, securities or other property,
shall be made to any other Borrower therefor. 
 (i) Each Borrower hereby agrees that after the occurrence and during the continuance of any
Cash Dominion Event, such Borrower will not demand, sue for or otherwise attempt to collect any indebtedness of any other Borrower owing to such Borrower until the Obligations shall have been paid in full in cash. If, notwithstanding the foregoing
sentence, such Borrower shall collect, enforce or receive any amounts in respect of such indebtedness, such amounts shall be collected, enforced and received by such Borrower as trustee for Agent, and such Borrower shall deliver any such amounts to
Agent for application to the Obligations in accordance with Section 2.4(b). 
  

	3.	 CONDITIONS; TERM OF AGREEMENT. 

3.1 Conditions Precedent to the Initial Extension of Credit. The obligation of each Lender to make its initial extension of
credit provided for hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being
conclusively deemed to be its satisfaction or waiver of the conditions precedent). 
 3.2 Conditions Precedent to all Extensions of
Credit. The obligation of the Lender Group (or any member thereof) to make any Revolving Loans hereunder (or to extend any other credit hereunder) at any time after the Closing Date shall be subject to the following conditions precedent:

 (a) the representations and warranties of each Loan Party contained in this Agreement or in the other Loan Documents shall be true and
correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) on and as of the date of such extension
of credit, as though made on and as of such date (except to the extent that such representations and warranties relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects
(except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) as of such earlier date); and 

  
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 (b) no Default or Event of Default shall have occurred and be continuing on the date of such
extension of credit, nor shall either result from the making thereof; and 
 (c) after giving effect to the requested Revolving Loan or other
extension of credit hereunder, the Revolver Usage shall not exceed the lesser of the Maximum Credit or the Borrowing Base then in effect. 

3.3 Maturity. The Commitments shall continue in full force and effect for a term ending on the Maturity Date hereunder. The
foregoing notwithstanding, the Lender Group, upon the election of the Required Lenders, shall have the right to terminate its obligations under this Agreement immediately and without notice upon the occurrence and during the continuation of an Event
of Default. 
 3.4 Effect of Maturity. On the Maturity Date or, if earlier, the date that the Commitments are terminated
whether pursuant to Section 2.4(c) or otherwise, all Commitments of the Lender Group to provide additional credit hereunder shall automatically be terminated and all of the Obligations (other than (a) Bank Product Obligations (other
than Hedge Obligations) that, at such time, are allowed by the applicable Bank Product Provider to remain outstanding without being required to be repaid or cash collateralized, and (b) any Hedge Obligations that, at such time, are allowed by
the applicable hedging counterparty to remain outstanding without being required to be repaid) immediately shall become due and payable without notice or demand and Borrowers shall be required to repay all of the Obligations (other than Hedge
Obligations and Bank Product Obligations as set forth in this Section 3.4) in full. No termination of the obligations of the Lender Group (other than payment in full of the Obligations and termination of the Commitments) shall relieve or
discharge any Loan Party of its duties, obligations, or covenants hereunder or under any other Loan Document and Agent’s Liens in the Collateral shall continue to secure the Obligations and shall remain in effect until all Obligations have been
paid in full and the Commitments have been terminated. When all of the Obligations have been paid in full and the Lender Group’s obligations to provide additional credit under the Loan Documents have been terminated irrevocably, Agent will, at
Borrowers’ sole expense, execute and deliver any termination statements, lien releases, discharges of security interests, and other similar discharge or release documents (and, if applicable, in recordable form) as are reasonably necessary to
release, as of record, Agent’s Liens and all notices of security interests and liens previously filed by Agent. 
 3.5 Early
Termination by Borrowers. Borrowers have the option, at any time upon ten (10) Business Days prior written notice to Agent (or such shorter period of time as consented to by Agent), to terminate this Agreement and terminate the
Commitments hereunder by repaying to Agent all of the Obligations in full. 
 3.6 Conditions Subsequent. The obligation of the
Lender Group (or any member thereof) to continue to make Revolving Loans (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of the conditions subsequent set forth on Schedule 3.6 to
this Agreement (the failure by Borrowers to so perform or cause to be performed such conditions subsequent as and when required by the terms thereof (unless such date is extended, in writing, by Agent, which Agent may do without obtaining the
consent of the other members of the Lender Group), shall constitute an Event of Default). 
  

	4.	 REPRESENTATIONS AND WARRANTIES. 

In order to induce the Lender Group to enter into this Agreement, each Loan Party makes the following representations and warranties to Agent
which shall be true, correct, and complete, in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof), as
of the Closing Date, 

  
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and shall be true, correct, and complete, in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified
or modified by materiality in the text thereof), as of the date of the making of each Revolving Loan (or other extension of credit) made thereafter, as though made on and as of the date of such Revolving Loan (or other extension of credit) (except
to the extent that such representations and warranties relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects (except that such materiality qualifier shall not be
applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) as of such earlier date), and such representations and warranties shall survive the execution and delivery of this Agreement:

  

	 	4.1	 Due Organization and Qualification; Subsidiaries. 

(a) Each Loan Party and each of its Subsidiaries (i) is duly organized and existing and in good standing under the laws of the
jurisdiction of its organization, (ii) is qualified to do business in any state where the failure to be so qualified would reasonably be expected to result in a Material Adverse Effect, and (iii) has all requisite power and authority to
own and operate its properties and to carry on its business as now conducted and as proposed to be conducted, except where failure to do so would not reasonably be expected to result in a Material Adverse Effect. Each Loan Party has the requisite
power and authority to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby. 
 (b)
Set forth on Schedule 4.1(b) to this Agreement (as such Schedule may be updated from time to time to reflect changes resulting from transactions permitted under this Agreement) is a complete and accurate description of the authorized Equity
Interests of each Loan Party, by class, and, as of the Closing Date, a description of the number of shares of each such class that are issued and outstanding. 

(c) Set forth on Schedule 4.1(c) to this Agreement (as such Schedule may be updated from time to time to reflect changes resulting from
transactions permitted under this Agreement), is a complete and accurate list of the Loan Parties’ direct and indirect Subsidiaries, showing: (i) the number of shares of each class of common and preferred Equity Interests authorized for
each of such Subsidiaries, and (ii) the number and the percentage of the outstanding shares of each such class owned directly or indirectly by each Loan Party. All of the outstanding Equity Interests of each such Subsidiary has been validly
issued and is fully paid and non-assessable. 
 (d) Except as set forth on Schedule 4.1(d) to this Agreement, there are no
subscriptions, options, warrants, or calls relating to any shares of any Loan Party’s or any of its Subsidiaries’ Equity Interests, including any right of conversion or exchange under any outstanding security or other instrument. No Loan
Party is subject to any obligation (contingent or otherwise) to repurchase or otherwise acquire or retire any shares of its Equity Interests or any security convertible into or exchangeable for any of its Equity Interests. 

 

	 	4.2	 Due Authorization; No Conflict. 

(a) As to each Loan Party, the execution, delivery, and performance by such Loan Party of the Loan Documents to which it is a party have been
duly authorized by all necessary action on the part of such Loan Party. 
 (b) As to each Loan Party, the execution, delivery, and
performance by such Loan Party of the Loan Documents to which it is a party do not and will not (i) violate any material provision of federal, state, or local law or regulation applicable to any Loan Party or its Subsidiaries, the Governing
Documents of any Loan Party or its Subsidiaries, or any order, judgment, or decree of any court or other 

  
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Governmental Authority binding on any Loan Party or its Subsidiaries where any such violation would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect,
(ii) conflict with, result in a breach of, or constitute (with due notice or lapse of time or both) a default under the Term Loan Agreement or any other Material Contract of any Loan Party or its Subsidiaries where any such conflict, breach or
default would individually or in the aggregate reasonably be expected to have a Material Adverse Effect, (iii) result in or require the creation or imposition of any Lien of any nature whatsoever upon any assets of any Loan Party, other than
Permitted Liens, or (iv) require any approval of any holder of Equity Interests of a Loan Party or any approval or consent of any Person under any material agreement of any Loan Party, other than consents or approvals that have been obtained
and that are still in force and effect and except, in the case of material agreements, for consents or approvals, the failure to obtain would not individually or in the aggregate reasonably be expected to cause a Material Adverse Effect. 

4.3 Governmental Consents. The execution, delivery, and performance by each Loan Party of the Loan Documents to which such Loan
Party is a party and the consummation of the transactions contemplated by the Loan Documents do not and will not require any registration with, consent, or approval of, or notice to, or other action with or by, any Governmental Authority, other than
registrations, consents, approvals, notices, or other actions that have been obtained and that are still in force and effect or if not obtained, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect,
and except for filings and recordings with respect to the Collateral to be made, or otherwise delivered to Agent for filing or recordation, as of the Closing Date. 
  

	 	4.4	 Binding Obligations; Perfected Liens. 

(a) Each Loan Document has been duly executed and delivered by each Loan Party that is a party thereto and is the legally valid and binding
obligation of such Loan Party, enforceable against such Loan Party in accordance with its respective terms, except as enforcement may be limited by equitable principles or by bankruptcy, insolvency, reorganization, moratorium, or similar laws
relating to or limiting creditors’ rights generally. 
 (b) Upon execution and delivery of the Loan Documents, Agent’s Liens are
validly created, perfected (other than (i) in respect of motor vehicles that are subject to a certificate of title, (ii) money, (iii) letter-of-credit rights (other than supporting obligations), (iv) commercial tort claims (other
than those that, by the terms of the Guaranty and Security Agreement, are required to be perfected), and (v) any Deposit Accounts and Securities Accounts not subject to a Control Agreement as permitted by Section 7(k) of the
Guaranty and Security Agreement, and subject only to the filing of financing statements, the recordation of the Patent Security Agreement, the Trademark Security Agreement, and the Copyright Security Agreement, in each case, in the appropriate
filing offices), and first priority Liens, subject only to Permitted Liens which are non-consensual Permitted Liens, Liens securing Permitted Purchase Money Indebtedness, the interests of lessors under Capital Leases or, solely in the case of Term
Loan Priority Collateral, subject to Liens permitted by clause (p) of the definition of Permitted Liens. 
 4.5 Title to Assets;
No Encumbrances. Each of the Loan Parties and its Subsidiaries has (a) good, sufficient and legal title to (in the case of fee interests in Real Property), (b) valid leasehold interests in (in the case of leasehold interests in
real or personal property), and (c) good and marketable title to (in the case of all other personal property), all of their respective Accounts, Rig Fleet Equipment and other material assets reflected in their most recent financial statements
delivered pursuant to Section 5.1, in each case except for assets disposed of since the date of such financial statements to the extent permitted hereby and, solely as to leasehold interests, except to the extent the failure to have such
valid leasehold interests would not reasonably be expected to have a Material Adverse Effect. All of such assets are free and clear of Liens except for Permitted Liens. 

  
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	 	4.6	 Litigation. 

(a) There are no actions, suits, or proceedings pending or, to the knowledge of any Borrower, threatened in writing against a Loan Party or any
of its Subsidiaries that either individually or in the aggregate would reasonably be expected to result in a Material Adverse Effect. 
 (b)
Schedule 4.6(b) to this Agreement sets forth a complete and accurate description of each of the actions, suits, or proceedings with asserted liabilities in excess of, or that could reasonably be expected to result in liabilities in excess of,
$1,000,000 that, as of the Closing Date, is pending or, to the knowledge of any Borrower threatened in writing against a Loan Party or any of its Subsidiaries. 

4.7 Compliance with Laws. No Loan Party nor any of its Subsidiaries (a) is in violation of any applicable laws, rules,
regulations, executive orders, or codes (including Environmental Laws) that, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect, or (b) is subject to or in default with respect to any final
judgments, writs, injunctions, decrees, rules or regulations of any court or any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that, individually or in the
aggregate, would reasonably be expected to result in a Material Adverse Effect. 
 4.8 No Material Adverse Effect. All
historical financial statements relating to the Loan Parties and their Subsidiaries that have been delivered by Borrowers to Lender have been prepared in accordance with GAAP (except, in the case of unaudited financial statements, for the lack of
footnotes and being subject to year-end audit adjustments) and present fairly in all material respects, the Loan Parties’ and their Subsidiaries’ consolidated financial condition as of the date thereof and results of operations for the
period then ended. Since June 18, 2018, no event, circumstance, or change has occurred that has or could reasonably be expected to result in a Material Adverse Effect. 

4.9 Solvency. As of the Closing Date, the Loan Parties and their Subsidiaries, taken as a whole on a consolidated basis, are
Solvent. 
  

	 	4.10	 Employee Benefits. 

(a) Except as set forth on Schedule 4.10, no Loan Party, none of their Subsidiaries, nor any of their ERISA Affiliates maintains or
contributes to any Pension Plan. No ERISA Event has occurred that, when taken together with all other ERISA Events for which liability is reasonably expected to occur, would reasonably be expected to result in a Material Adverse Effect. 

(b) (i) No ERISA Event has occurred during the five year period prior to the date on which this representation is made or deemed made or
is reasonably expected to occur; (ii) neither any Loan Party nor any ERISA Affiliate has incurred, or reasonably expects to incur, any liability under Title IV of ERISA with respect to any Pension Plan (other than premiums due and not
delinquent under Section 4007 of ERISA); (iii) neither any Loan Party nor any ERISA Affiliate has incurred, or reasonably expects to incur, any liability (and no event has occurred which, with the giving of notice under Section 4219
of ERISA, would result in such liability) under Section 4201 of ERISA with respect to a Multiemployer Plan; and (iv) neither any Loan Party nor any ERISA Affiliate has engaged in a transaction that could reasonably be expected to be
subject to Sections 4069 or 4212(c) of ERISA, except, with respect to each of the foregoing clauses of this Section 4.10(b), as would not reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect. 

  
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 (c) The Pension Plans of any Loan Party and any ERISA Affiliate are funded to the extent
required by the terms of each Pension Plan, if any, and by the requirements of any material Law applicable in the jurisdiction in which the relevant Pension Plan is maintained, and neither any Loan Party nor any ERISA Affiliate maintains a Pension
Plan that is, or is expected to be, in at-risk status (as defined in Section 303(i)(4) of ERISA or Section 430(i)(4) of the Code) in each case, except as would not reasonably be expected, individually or in the aggregate, to have a
Material Adverse Effect. 
 4.11 Environmental Condition. Except as set forth on Schedule 4.11 to this Agreement,
(a) to each Borrower’s knowledge, no Loan Party’s nor any of its Subsidiaries’ properties or assets has ever been used by a Loan Party, its Subsidiaries, or by previous owners or operators in the disposal of, or to produce,
store, handle, treat, release, or transport, any Hazardous Materials, where such disposal, production, storage, handling, treatment, release or transport was in violation, in any material respect, of any applicable Environmental Law,
(b) [reserved], (c) no Loan Party nor any of its Subsidiaries has received written notice that a Lien arising under any Environmental Law has attached to any revenues or to any Real Property owned or operated by a Loan Party or its
Subsidiaries, and (d) no Loan Party nor any of its Subsidiaries nor any of their respective facilities or operations is subject to any outstanding written order, consent decree, or settlement agreement with any Person relating to any
Environmental Law or Environmental Liability that, individually or in the aggregate, would reasonably be expected to result in a Material Adverse Effect. Except as set forth on Schedule 4.11 to this Agreement, to each Borrower’s knowledge, no
Loan Party’s nor any of its Subsidiaries’ properties or assets has ever been listed as a Hazardous Materials disposal site under applicable Environmental Laws. 

4.12 Complete Disclosure. All factual information taken as a whole (other than forward-looking information and projections and
information of a general economic nature and general information about Borrowers’ industry) furnished by or on behalf of a Loan Party or its Subsidiaries in writing to Agent (including all information contained in the Schedules hereto or in the
other Loan Documents) for purposes of or in connection with this Agreement or the other Loan Documents, and all other such factual information taken as a whole (other than forward-looking information and projections and information of a general
economic nature and general information about Loan Parties’ industry) hereafter furnished by or on behalf of a Loan Party or its Subsidiaries in writing to Agent will be, true and accurate, in all material respects, on the date as of which such
information is dated or certified and not incomplete by omitting to state any fact necessary to make such information (taken as a whole) not misleading in any material respect at such time in light of the circumstances under which such information
was provided; provided that, in the case of information with respect to Target, the foregoing representations are limited to the knowledge of Parent. The Projections delivered to Agent on July 3, 2018 represent, and as of the date on
which any other Projections are delivered to Agent, such additional Projections represent, Borrowers’ good faith estimate, on the date such Projections are delivered, of the Loan Parties’ and their Subsidiaries’ future performance for
the periods covered thereby based upon assumptions believed by Borrowers to be reasonable at the time of the delivery thereof to Agent (it being understood that such Projections are subject to significant uncertainties and contingencies, many of
which are beyond the control of the Loan Parties and their Subsidiaries, and no assurances can be given that such Projections will be realized, and although reflecting Borrowers’ good faith estimate, projections or forecasts based on methods
and assumptions which Borrowers believed to be reasonable at the time such Projections were prepared, are not to be viewed as facts, and that actual results during the period or periods covered by the Projections may differ materially from projected
or estimated results). 
 4.13 Patriot Act. To the extent applicable, each Loan Party is in compliance, in all material
respects, with the (a) Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or
executive order relating thereto, and (b) Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA Patriot Act of 2001, as amended) (the “Patriot Act”). 

  
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 4.14 Indebtedness. Set forth on Schedule 4.14 to this Agreement is a
true and complete list of all Indebtedness of each Loan Party and each of its Subsidiaries outstanding immediately prior to the Closing Date that is to remain outstanding immediately after giving effect to the closing hereunder on the Closing Date
and such Schedule accurately sets forth the aggregate principal amount of such Indebtedness as of the Closing Date. 
 4.15 Payment of
Taxes. Except as otherwise permitted under Section 5.5, all federal Tax returns and reports and all material state and local Tax returns and reports of each Loan Party and its Subsidiaries required to have been filed by any of
them have been timely filed, and all material Taxes shown on such Tax returns to be due and payable and all other Taxes upon a Loan Party and its Subsidiaries and upon their respective assets, income, businesses and franchises that are due and
payable have been paid when due and payable. Each Loan Party and each of its Subsidiaries have made adequate provision in accordance with GAAP for all Taxes not yet due and payable. No Borrower knows of any proposed material Tax assessment against a
Loan Party or any of its Subsidiaries that is not being actively contested by such Loan Party or such Subsidiary diligently, in good faith, and by appropriate proceedings; provided, that such reserves or other appropriate provisions, if any,
as shall be required in conformity with GAAP shall have been made or provided therefor. 
 4.16 Margin Stock. Neither any Loan
Party nor any of its Subsidiaries owns any Margin Stock or is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying any Margin Stock. No part of the proceeds of the
loans made to Borrowers will be used to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock or for any purpose that violates the provisions of Regulation T, U or X of the Board
of Governors. Neither any Loan Party nor any of its Subsidiaries expects to acquire any Margin Stock. 
 4.17 Governmental
Regulation. No Loan Party nor any of its Subsidiaries is subject to regulation under the Federal Power Act or the Investment Company Act of 1940 or under any other federal or state statute or regulation which may limit its ability to incur
Indebtedness or which may otherwise render all or any portion of the Obligations unenforceable. No Loan Party nor any of its Subsidiaries is a “registered investment company” or a company “controlled” by a “registered
investment company” or a “principal underwriter” of a “registered investment company” as such terms are defined in the Investment Company Act of 1940. 

4.18 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws. No Loan Party or any of its Subsidiaries is in violation
of any Sanctions. No Loan Party or any of its Subsidiaries or, to the knowledge of such Loan Party, any director, officer, employee or agent of such Loan Party or such Subsidiary (a) is a Sanctioned Person or a Sanctioned Entity,
(b) has any assets located in Sanctioned Entities, or (c) derives revenues from investments in, or transactions with Sanctioned Persons or Sanctioned Entities. Each of the Loan Parties and its Subsidiaries has implemented and maintains in
effect policies and procedures designed to ensure compliance with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. Each of the Loan Parties and its
Subsidiaries, and to the knowledge of each such Loan Party, each director, officer, employee and agent of each such Loan Party and each such Subsidiary, is in compliance with all Sanctions, Anti-Corruption Laws and
Anti-Money Laundering Laws. No proceeds of any Loan made or Letter of Credit issued hereunder will be used to fund any operations in, finance any investments or activities in, or make any payments to, a
Sanctioned Person or a Sanctioned Entity, or otherwise used in any manner that would result in a violation of any Sanction, Anti-Corruption Law or Anti-Money Laundering
Law by any Person (including Agent, any Lender, any Bank Product Provider, any Hedge Provider or any other individual or entity participating in any transaction). 

  
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 4.19 Employee and Labor Matters. Except as would not individually or in the
aggregate be reasonably expected to have a Material Adverse Effect, there is (i) no unfair labor practice complaint pending or, to the knowledge of any Borrower, threatened in writing against any Loan Party or its Subsidiaries before any
Governmental Authority and no grievance or arbitration proceeding pending or threatened in writing against any Loan Party or its Subsidiaries which arises out of or under any collective bargaining agreement, (ii) no strike, labor dispute,
slowdown, stoppage or similar action or grievance pending or threatened in writing against any Loan Party or its Subsidiaries, or (iii) to the knowledge of any Borrower, no union representation question existing with respect to the employees of
any Loan Party or its Subsidiaries and no union organizing activity taking place with respect to any of the employees of any Loan Party or its Subsidiaries. None of any Loan Party or its Subsidiaries has incurred any material liability or obligation
under the Worker Adjustment and Retraining Notification Act or similar state law, which remains unpaid or unsatisfied. The hours worked and payments made to employees of each Loan Party and its Subsidiaries have not been in violation of the Fair
Labor Standards Act or any other applicable legal requirements, except to the extent such violations would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect. All material payments due from any Loan
Party or its Subsidiaries on account of wages and employee health and welfare insurance and other benefits have been paid or accrued as a liability on the books of Borrowers, except where the failure to do so would not, individually or in the
aggregate, reasonably be expected to result in a Material Adverse Effect. 
 4.20 [Reserved]. 

4.21 Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their
business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under
any of them. 
 4.22 Eligible Accounts. As to each Account that is identified by Borrowers as an Eligible Account in a
Borrowing Base Certificate submitted to Agent, such Account is (a) a bona fide existing payment obligation of the applicable Account Debtor created by the rendition of services to such Account Debtor in the ordinary course of a Borrower’s
business, (b) owed to such Borrower without any known defenses, disputes, offsets, counterclaims, or rights of return or cancellation, and (c) not excluded as ineligible by virtue of one or more of the excluding criteria (other than any
Agent-discretionary criteria) set forth in the definition of Eligible Accounts. 
 4.23 Hedge Agreements. On each date that any
Hedge Agreement is executed by any Hedge Provider, Borrower and each other Loan Party satisfy all eligibility, suitability and other requirements under the Commodity Exchange Act (7 U.S.C. § 1, et seq., as in effect from time to time) and the
Commodity Futures Trading Commission regulations. 
 4.24 Closing Date Merger Documents; Term Loan Documents.  

(a) Borrowers have delivered to Agent a complete and correct copy of the Closing Date Merger Documents, including all schedules and exhibits
thereto. The execution, delivery and performance of each of the Closing Date Merger Documents has been duly authorized by all necessary action on the part of each Loan Party who is a party thereto. Each Closing Date Merger Document is the legal,
valid and binding obligation of each Loan Party who is a party thereto, enforceable against each such Loan Party in accordance with its terms, in each case, except (i) as may be limited by applicable bankruptcy, insolvency, reorganization,
moratorium or other similar laws relating to or affecting generally the enforcement of creditors’ rights, and (ii) the availability of the remedy of specific performance or injunctive or other equitable relief is subject to the discretion
of the court before which any proceeding 

  
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therefor may be brought. No Loan Party is in default in the performance or compliance with any provisions thereof. All representations and warranties made by a Loan Party in the Closing Date
Merger Documents and in the certificates delivered in connection therewith are true and correct in all material respects. To each Loan Party’s knowledge, none of the Sellers’ representations or warranties in the Closing Date Merger
Documents contain any untrue statement of a material fact or omit any fact necessary to make the statements therein not misleading, in any case that could reasonably be expected to result in a Material Adverse Effect. 

(b) As of the Closing Date, the Closing Date Merger has been consummated in all material respects, in accordance with all applicable laws. As
of the Closing Date, all requisite approvals by Governmental Authorities having jurisdiction over Loan Parties and, to each Loan Party’s knowledge, the Sellers, with respect to the Closing Date Merger, have been obtained (including filings or
approvals required under the Hart-Scott-Rodino Antitrust Improvements Act), except for any approval the failure to obtain could not reasonably be expected to be material to the interests of the Lenders. As of the Closing Date, after giving effect to
the transactions contemplated by the Closing Date Merger Documents, Parent will have good title to all of the Equity Interests issued by the Target, free and clear of all Liens other than Permitted Liens. 

(c) No court of competent jurisdiction has issued any injunction, restraining order or other order which prohibits consummation of the
transactions described in the Closing Date Merger Documents and no governmental or other action or proceeding has been threatened or commenced, seeking any injunction, restraining order or other order which seeks to void or otherwise modify the
transactions described in the Closing Date Merger Documents. 
 (d) Borrowers have delivered to Agent a complete and correct copy of the Term
Loan Documents, including all schedules and exhibits thereto, executed on the Closing Date. The execution, delivery and performance of each of the Term Loan Documents has been duly authorized by all necessary action on the part of each Loan Party
who is a party thereto. Each Term Loan Document is the legal, valid and binding obligation of each Loan Party who is a party thereto, enforceable against each such Loan Party in accordance with its terms, in each case, except (i) as may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws relating to or affecting generally the enforcement of creditors’ rights, and (ii) the availability of the remedy of specific performance or
injunctive or other equitable relief is subject to the discretion of the court before which any proceeding therefor may be brought. 
  

	5.	 AFFIRMATIVE COVENANTS. 

Each Loan Party covenants and agrees that, until the termination of all of the Commitments and the payment in full of the Obligations: 

5.1 Financial Statements, Reports, Certificates. Borrowers (a) will deliver to Agent each of the financial statements,
reports, and other items set forth on Schedule 5.1 to this Agreement no later than the times specified therein, (b) agree that no Subsidiary of a Loan Party will have a fiscal year different from that of Administrative Borrower,
(c) agree to maintain a system of accounting that enables Loan Parties to produce financial statements in accordance with GAAP, and (d) agree that they will, and will cause each other Loan Party to, (i) keep a reporting system that
shows all additions, sales, claims, returns, and allowances with respect to their and their Subsidiaries’ sales, and (ii) maintain their billing systems and practices substantially as in effect as of the Closing Date and shall only make
material modifications thereto with notice to, and with the consent of, Lender. 

  
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 5.2 Reporting. Borrowers (a) will deliver to Agent each of the reports
set forth on Schedule 5.2 to this Agreement at the times specified therein, and (b) agree to use commercially reasonable efforts in cooperation with Agent to facilitate and implement a system of electronic collateral reporting in order
to provide electronic reporting of each of the items set forth on such Schedule. 
 5.3 Existence. Except as otherwise
permitted under Section 6.3 or Section 6.4, each Loan Party will, and will cause each of its Subsidiaries to, at all times preserve and keep in full force and effect such Person’s valid existence and good standing in its
jurisdiction of organization and, except as would not reasonably be expected to result in a Material Adverse Effect, good standing with respect to all other jurisdictions in which it is qualified to do business and any rights, franchises, permits,
licenses, accreditations, authorizations, or other approvals material to their businesses. 
 5.4 Maintenance of Properties.
Each Loan Party will, and will cause each of its Subsidiaries to, maintain and preserve all of its assets that are necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear, tear, casualty, and
condemnation and Permitted Dispositions excepted (and except where the failure to so maintain and preserve assets could not reasonably be expected to result in a Material Adverse Effect). 

5.5 Taxes. Each Loan Party will, and will cause each of its Subsidiaries to, pay in full before delinquency or before the
expiration of any extension period all Taxes imposed, levied, or assessed against it, or any of its assets or in respect of any of its income, businesses, or franchises, other than to the extent that the validity of such Tax is the subject of a
Permitted Protest. 
 5.6 Insurance. Each Loan Party will, and will cause each of its Subsidiaries to, at the expense of such
Loan Party or such Subsidiary, maintain insurance respecting each of each Loan Party’s and its Subsidiaries’ assets wherever located, covering liabilities, losses or damages as are customarily are insured against by other Persons engaged
in same or similar businesses and similarly situated and located. Borrowers also shall maintain, or cause a Loan Party to maintain, with respect to each Loan Party and each of its Subsidiaries, general liability insurance, flood insurance for
Collateral located in a flood plain, product liability insurance, director’s and officer’s liability insurance, fiduciary liability insurance, and employment practices liability insurance, as well as insurance against larceny,
embezzlement, and criminal misappropriation. All such policies of insurance shall be with financially sound and reputable insurance companies acceptable to Agent (it being agreed that, as of the Closing Date, the insurance companies with which the
Company maintains such insurance policies are acceptable to Agent) and in such amounts as is carried generally in accordance with sound business practice by companies in similar businesses similarly situated and located and, in any event, in amount,
adequacy, and scope reasonably satisfactory to Agent (it being agreed that the amount, adequacy, and scope of the policies of insurance of Borrowers in effect as of the Closing Date are acceptable to Agent). All property insurance policies are to be
made payable to Agent for the benefit of Agent and Lenders, as their interests may appear, in case of loss, pursuant to a standard loss payable endorsement with a standard non-contributory “lender” or “secured party” clause and
are to contain such other provisions as Agent may reasonably require to fully protect Agent’s and Lenders’ interest in the Collateral and to any payments to be made under such policies. All certificates of property and general liability
insurance are to be delivered to Agent, with the Agent’s loss payable and additional insured endorsements in favor of Agent, and shall provide for not less than thirty days (ten days in the case of non-payment) prior written notice to Agent of
the exercise of any right of cancellation. If any Loan Party or its Subsidiaries fails to maintain such insurance, Agent may arrange for such insurance, but at Borrowers’ expense and without any responsibility on Agent’s part for obtaining
the insurance, the solvency of the insurance companies, the adequacy of the coverage, or the collection of claims. Borrowers shall give Agent prompt notice of any loss exceeding $1,000,000 covered by the casualty or business interruption insurance
of any Loan Party or its Subsidiaries. Upon the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to file 

  
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claims under any property and general liability insurance policies in respect of the Collateral, to receive, receipt and give acquittance for any payments that may be payable thereunder, and to
execute any and all endorsements, receipts, releases, assignments, reassignments or other documents that may be necessary to effect the collection, compromise or settlement of any claims under any such insurance policies. 

5.7 Inspection. 

(a) Each Loan Party will, and will cause each of its Subsidiaries to, permit Agent, any Lender and each of their respective duly authorized
representatives or agents to visit any of its properties and inspect any of its assets or books and records, to examine and make copies of its books and records, and to discuss its affairs, finances, and accounts with, and to be advised as to the
same by, its officers and employees (provided, that an authorized representative of a Borrower shall be allowed to be present) at such reasonable times and intervals as Agent may designate and, so long as no Default or Event of Default has occurred
and is continuing, with reasonable prior notice to Borrowers and during regular business hours, at Borrowers’ expense and subject to the limitations set forth below in Section 5.7(c). 

(b) Each Loan Party will, and will cause each of its Subsidiaries to, permit Agent and each of its duly authorized representatives or agents to
conduct field examinations at such reasonable times and intervals as Agent may designate and, so long as no Default or Event of Default has occurred and is continuing, with reasonable prior notice to Borrowers and during regular business hours, at
Borrowers’ expense, subject to the limitations set forth below in Section 5.7(c). 
 (c) So long as no Event of Default
shall have occurred and be continuing during a calendar year, Borrowers shall not be obligated to reimburse Agent for more than one (1) field examination in such calendar year (increasing to two (2) field examinations if an Increased
Reporting Event has occurred during such calendar year). 
 5.8 Compliance with Laws. Each Loan Party will, and will cause each
of its Subsidiaries to, comply with the requirements of all applicable laws, rules, regulations, and orders of any Governmental Authority, other than laws, rules, regulations, and orders the non-compliance with which, individually or in the
aggregate, could not reasonably be expected to result in a Material Adverse Effect. 
 5.9 Environmental. Each Loan Party will,
and will cause each of its Subsidiaries to, 
 (a) Keep any property either owned or operated by any Loan Party or its Subsidiaries free of
any Environmental Liens or post bonds or other financial assurances sufficient to satisfy the obligations or liability evidenced by such Environmental Liens, 

(b) Comply with all Environmental Laws other than Environmental Laws the non-compliance with which, individually or in the aggregate, could not
reasonably be expected to result in a Material Adverse Effect, 
 (c) Promptly notify Agent and Lenders of any release of which any Loan
Party has knowledge of a Hazardous Material in any reportable quantity from or onto property owned or operated by any Loan Party or its Subsidiaries and take any Remedial Actions required to abate said release or otherwise to come into compliance
with applicable Environmental Law, other than releases which, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, and 

  
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 (d) Promptly, but in any event within ten Business Days of its receipt thereof, provide
Agent and Lenders with written notice of any of the following: to the extent, in the case of clauses (ii) and (iii), any of the following could reasonably be expected to have a Material Adverse Effect: (i) notice that an Environmental Lien
has been filed against any of the real or personal property of a Loan Party or its Subsidiaries, (ii) commencement of any Environmental Action or written notice that an Environmental Action will be filed against a Loan Party or its
Subsidiaries, and (iii) written notice of a violation, citation, or other administrative order from a Governmental Authority. 
 5.10
Disclosure Updates. Each Loan Party will, promptly and in no event later than five Business Days after obtaining knowledge thereof, notify Agent if any written information, exhibit, or report furnished to Agent or Lenders contained, at
the time it was furnished, any untrue statement of a material fact or omitted to state any material fact necessary to make the statements contained therein, taken as a whole, not misleading in light of the circumstances in which made. The foregoing
to the contrary notwithstanding, any notification pursuant to the foregoing provision will not cure or remedy the effect of the prior untrue statement of a material fact or omission of any material fact nor shall any such notification have the
effect of amending or modifying this Agreement or any of the Schedules hereto. 
 5.11 Formation or Acquisition of
Subsidiaries. If any Loan Party forms or acquires any new Subsidiary (other than an Excluded Subsidiary), such Loan Party shall, within fifteen (15) days of such event (or such later date as permitted by Agent), (a) cause such new
Subsidiary (i) to be joined as a Borrower hereunder pursuant to a Joinder to this Agreement or to become a Guarantor of the Obligations, as determined by Agent, and (ii) to provide to Agent a joinder to the Guaranty and Security Agreement,
in each case, together with such other security agreements, as well as appropriate financing statements, all in form and substance reasonably satisfactory to Agent (including being sufficient to grant Agent a first priority Lien (subject to
Permitted Liens) in and to the assets of such newly formed or acquired Subsidiary), (b) provide, or cause the applicable Loan Party to provide, to Agent a pledge agreement (or an addendum to the Guaranty and Security Agreement) and appropriate
certificates and powers or financing statements, pledging all of the direct or beneficial ownership interest in such new Subsidiary in form and substance reasonably satisfactory to Agent; provided, that only 65% of the total outstanding
voting Equity Interests of any Excluded Subsidiary described in clause (a) or (c) of the definition or Excluded Subsidiary, and (c) provide to Agent all other documentation, including the Governing Documents of such Subsidiary and one
or more opinions of counsel reasonably satisfactory to Agent, which, in its opinion, is appropriate with respect to the execution and delivery of the applicable documentation referred to above. Any document, agreement, or instrument executed or
issued pursuant to this Section 5.11 shall constitute a Loan Document. 
 5.12 Further Assurances. Each Loan Party
will, and will cause each of the other Loan Parties to, at any time upon the reasonable request of Agent, in writing, execute or deliver to Agent any and all financing statements, security agreements, pledges, assignments, opinions of counsel, and
all other documents (the “Additional Documents”) that Agent may reasonably request in form and substance reasonably satisfactory to Agent, to create, perfect, and continue perfected or to better perfect Agent’s Liens in all of
the assets of each of the Loan Parties (whether now owned or hereafter arising or acquired, tangible or intangible), and in order to fully consummate all of the transactions contemplated hereby and under the other Loan Documents. To the maximum
extent permitted by applicable law, if any Borrower or any other Loan Party refuses or fails to execute or deliver any reasonably requested Additional Documents within a reasonable period of time not to exceed 10 days following the request to do so,
each Borrower and each other Loan Party hereby authorizes Agent to execute any such Additional Documents in the applicable Loan Party’s name and authorizes Agent to file such executed Additional Documents in any appropriate filing office. In
furtherance of, and not in limitation of, the foregoing, each Loan Party shall take such actions as Agent may reasonably request, in writing, from time to time to ensure that the Obligations are guaranteed by the Guarantors and are secured by
substantially all of the assets of the Loan Parties, including all of the outstanding capital Equity Interests of each Borrower and its Subsidiaries (in each case, other than with respect to any assets consisting of Excluded Collateral) pursuant to
Section 3 of the Guaranty and Security Agreement). 

  
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 5.13 Location of Chief Executive Office. Each Loan Party will, and will cause
each of its Subsidiaries to, keep their respective chief executive offices only at the locations identified on Schedule 7 to the Guaranty and Security Agreement. Each Loan Party will, and will cause each of its Subsidiaries to, use their
commercially reasonable efforts to obtain Collateral Access Agreements for each of the locations identified on Schedule 7 to the Guaranty and Security Agreement. 

5.14 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws. Each Loan Party will, and will cause each of its
Subsidiaries to, comply with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. Each of the Loan Parties and its Subsidiaries will implement and maintain in effect policies and procedures designed to ensure compliance by the Loan
Parties and their Subsidiaries and their respective directors, officers, employees and agents with, and each of the Loan Parties and their respective Subsidiaries will comply with, all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws.

  

	6.	 NEGATIVE COVENANTS. 

Each Loan Party covenants and agrees that, until termination of all of the Commitments and the payment in full of the Obligations: 

6.1 Indebtedness. Each Loan Party will not, and will not permit any of its Subsidiaries to, create, incur, assume, suffer to
exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness. 

6.2 Liens. Each Loan Party will not, and will not permit any of its Subsidiaries to, create, incur, assume, or suffer to exist,
directly or indirectly, any Lien on or with respect to any of its assets, of any kind, whether now owned or hereafter acquired, or any income or profits therefrom, except for Permitted Liens. 

6.3 Restrictions on Fundamental Changes. Each Loan Party will not, and will not permit any of its Subsidiaries to, 

(a) Other than the Closing Date Merger, enter into any merger, consolidation, reorganization, or recapitalization, or reclassify its Equity
Interests, except for (i) any merger between Loan Parties; provided, that a Borrower must be the surviving entity of any such merger to which it is a party, (ii) any merger between a Loan Party and a Subsidiary of such Loan Party
that is not a Loan Party so long as such Loan Party is the surviving entity of any such merger, and (iii) any merger between Subsidiaries of any Loan Party that are not Loan Parties, 

(b) liquidate, wind up, or dissolve itself (or suffer any liquidation or dissolution), except for (i) the liquidation or dissolution of
non-operating Subsidiaries of any Loan Party with nominal assets and nominal liabilities, (ii) the liquidation or dissolution of a Loan Party (other than any Borrower) or any of its wholly-owned Subsidiaries so long as all of the assets
(including any interest in any Equity Interests) of such liquidating or dissolving Loan Party or Subsidiary are transferred to a Loan Party that is not liquidating or dissolving, or (iii) the liquidation or dissolution of a Subsidiary of any
Loan Party that is not a Loan Party (other than any such Subsidiary the Equity Interests of which (or any portion thereof) is subject to a Lien in favor of Agent) so long as all of the assets of such liquidating or dissolving Subsidiary are
transferred to a Subsidiary of a Loan Party that is not liquidating or dissolving, 

  
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 (c) suspend or cease operating a substantial portion of its or their business, except as
permitted pursuant to clauses (a) or (b) above or in connection with a transaction permitted under Section 6.4, or 
 (d)
change its classification/status for U.S. federal income tax purposes. 
 6.4 Disposal of Assets. Other than Permitted
Dispositions or transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or
their assets. 
 6.5 Nature of Business. Each Loan Party will not, and will not permit any of its Subsidiaries to, make any
material change in the nature of its or their business as described in Schedule 6.5 to this Agreement or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, that the
foregoing shall not prevent any Loan Party and its Subsidiaries from engaging in any business that is reasonably related or ancillary to its or their business. 

6.6 Prepayments and Amendments. Each Loan Party will not, and will not permit any of its Subsidiaries to, 

(a) except in connection with Refinancing Indebtedness permitted by Section 6.1, 

(i) optionally prepay, redeem, defease, purchase, or otherwise acquire any Indebtedness of any Loan Party or its Subsidiaries, other than
(A) the Obligations in accordance with this Agreement, (B) Hedge Obligations, (C) Permitted Intercompany Advances or (D) Indebtedness under the Term Loan Agreement and other Indebtedness so long as, in each case, each of the
Payment Conditions shall be satisfied, or 
 (ii) [Reserved], or 

(b) Directly or indirectly, amend, modify, or change any of the terms or provisions of: 

(i) any agreement, instrument, document, indenture, or other writing evidencing or concerning Permitted Indebtedness other than (A) the
Obligations in accordance with this Agreement, (B) Hedge Obligations, (C) Permitted Intercompany Advances, (D) Indebtedness in respect of the Term Loan Documents to the extent expressly permitted pursuant to the Intercreditor
Agreement, and (E) Indebtedness permitted under clauses (c), (e) and (f) of the definition of Permitted Indebtedness, or 

(ii) the Governing Documents of any Loan Party or any of its Subsidiaries if the effect thereof, either individually or in the aggregate,
would reasonably be expected to be materially adverse to the interests of the Lenders. 
 6.7 Restricted Payments; Management
Fees. Each Loan Party will not, and will not permit any of its Subsidiaries to, make any Restricted Payment; provided, that so long as it is permitted by law: 

(a) So long as Parent is a “pass-through” tax entity for United States federal income tax purposes, and after first providing such
supporting documentation as Agent may request, Parent may declare and pay distributions in the amount of the Pass-Through Tax Liabilities. 

(b) (i) Each Subsidiary of a Loan Party may make Restricted Payments to any Loan Party and (ii) each Subsidiary of a Loan Party that
is not a Loan Party may make Restricted Payments to another Subsidiary that is not a Loan Party. 

  
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 (c) Parent may make other Restricted Payments; provided, that, each of the
Payment Conditions shall be satisfied. 
 (d) Parent may pay management fees to MSD Capital LP and its Affiliates in an aggregate amount not
to exceed $250,000 per calendar year, so long as no Default or Event of Default shall have occurred and be continuing or would result therefrom. 

(e) The Loan Parties may consummate repurchases, redemptions or other acquisitions or retirements for value of Equity Interests made or deemed
to be made in connection with any exercise, vesting, settlement or exchange, as applicable, of stock options, warrants, restricted stock, restricted stock units or other similar rights in an aggregate amount not to exceed $5,000,000 during any
calendar year and $15,000,000 during the term of this Agreement, provided, that, each of the Payment Conditions shall be satisfied. 

(f) So long as no Default or Event of Default shall have occurred and be continuing or would result therefrom, Parent may make other Restricted
Payments with proceeds received by Parent from the sale of Equity Interests of Parent other than proceeds of Specified Equity Contributions; provided that any such Restricted Payments are made no later than 30 days after such proceeds have been
received by Parent. 
 6.8 Accounting Methods. Each Loan Party will not, and will not permit any of its Subsidiaries to, modify
or change its fiscal year or its method of accounting (other than as may be required to conform to GAAP). 
 6.9 Investments.
Each Loan Party will not, and will not permit any of its Subsidiaries to, directly or indirectly, make or acquire any Investment or incur any liabilities (including contingent obligations) for or in connection with any Investment except for
Permitted Investments. 
 6.10 Transactions with Affiliates. Each Loan Party will not, and will not permit any of its
Subsidiaries to, directly or indirectly, enter into or permit to exist any transaction with any Affiliate of any Loan Party or any of its Subsidiaries except for: 

(a) transactions (other than the payment of management, consulting, monitoring, or advisory fees) between such Loan Party or its Subsidiaries,
on the one hand, and any Affiliate of such Loan Party or its Subsidiaries, on the other hand, so long as such transactions are no less favorable, taken as a whole, to such Loan Party or its Subsidiaries, as applicable, than would be obtained in an
arm’s length transaction with a non-Affiliate, 
 (b) any indemnity provided for the benefit of directors (or comparable managers) of a
Loan Party or one of its Subsidiaries so long as it has been approved by such Loan Party’s or such Subsidiary’s board of directors (or comparable governing body) in accordance with applicable law, 

(c) the payment of reasonable compensation, severance, or employee benefit arrangements to employees, officers, and outside directors of a Loan
Party or one of its Subsidiaries in the ordinary course of business and consistent with industry practice so long as it has been approved by such Loan Party’s or such Subsidiary’s board of directors (or comparable governing body) in
accordance with applicable law, 
 (d) (i) transactions solely among the Loan Parties, and (ii) transactions solely among
Subsidiaries of Loan Parties that are not Loan Parties, 
 (e) transactions permitted by Section 6.3, Section 6.7, or
Section 6.9, 

  
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 (f) Permitted Indebtedness constituting Subordinated Indebtedness owing to Affiliates, 

(g) agreements for the non-exclusive licensing of intellectual property, or distribution of products, in each case, among the Loan Parties and
their Subsidiaries for the purpose of the counterparty thereof operating its business, and agreements for the assignment of intellectual property from any Loan Party or any of its Subsidiaries to any Loan Party, or 

(h) the Term Loan Agreement and the transactions contemplated thereby to the extent any such Affiliate is an “Affiliated Lender” as
defined in the Term Loan Agreement. 
 6.11 Use of Proceeds. Each Loan Party will not, and will not permit any of its
Subsidiaries to, use the proceeds of any Loan made hereunder for any purpose other than (a) on the Closing Date, (i) to pay the fees, costs, and expenses incurred in connection with this Agreement, the other Loan Documents, and the other
Transactions, in each case, as set forth in the Flow of Funds Agreement, (ii) to consummate the Refinancing, and (iii) after application of the proceeds of loans under the Term Loan Agreement, to pay a portion of the merger consideration
in respect of the Closing Date Merger, and (b) thereafter, consistent with the terms and conditions hereof, for their lawful and permitted purposes; provided that (x) no part of the proceeds of the loans made to Borrowers will be used to
purchase or carry any such Margin Stock or to extend credit to others for the purpose of purchasing or carrying any such Margin Stock or for any purpose that violates the provisions of Regulation T, U or X of the Board of Governors, (y) no part
of the proceeds of any Loan or Letter of Credit will be used, directly or indirectly, to make any payments to a Sanctioned Entity or a Sanctioned Person, to fund any investments, loans or contributions in, or otherwise make such proceeds available
to, a Sanctioned Entity or a Sanctioned Person, to fund any operations, activities or business of a Sanctioned Entity or a Sanctioned Person), or in any other manner that would result in a violation of Sanctions by any Person, and (z) no part
of the proceeds of any Loan or Letter of Credit will be used, directly or indirectly, in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of
any Sanctions, Anti-Corruption Laws or Anti-Money Laundering Laws. 
 6.12 Limitation on
Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by Parent, each Loan Party will not, and will not permit any of its Subsidiaries to, issue or sell any of its Equity Interests. 

 

	7.	 FINANCIAL COVENANT. 

7.1 Fixed Charge Coverage Ratio. Each Borrower covenants and agrees that, until the termination of all of the Commitments and the
payment in full of the Obligations, Borrowers will maintain a Fixed Charge Coverage Ratio, calculated on a trailing twelve month basis and measured as of the last day of each calendar month during any Covenant Testing Period (including the last day
thereof), in each case of at least 1.00 to 1.00. 
 7.2 Right to Cure. 

(a) Notwithstanding anything to the contrary contained in Section 7.1, subject to Section 7.2(b), in the event that Borrowers fail to
comply with the requirements of Section 7.1 with respect to any fiscal period, after the end of such fiscal period until the expiration of the tenth (10th) Business Day subsequent to the date on which financial statements with respect to
the fiscal period for which such covenant is being measured are required to be delivered, any Person (other than a Loan Party) shall have the right to make a Specified Equity Contribution to Parent (collectively, the “Cure Right”),
and so long as Parent actually receives cash (the “Cure Amount”) pursuant to the exercise of such Cure Right no later than ten (10) Business Days after the date on which financial statements with respect to the fiscal period
for which such covenant is being measured are required to be delivered), then the amounts for purposes of determining compliance with the covenant in Section 7.1 shall be recalculated giving effect to the following pro forma adjustments: 

  
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 (i) EBITDA shall be increased, solely for the purpose of determining compliance with the
covenant in Section 7.1 and not for any other purpose under this Agreement, by an amount equal to the Cure Amount; and 
 (ii) if,
after giving effect to the foregoing recalculations, the Borrowers shall then be in compliance with the requirements of Section 7.1, the Borrowers shall be deemed to have satisfied the requirements of Section 7.1 as of the relevant date of
determination with the same effect as though there had been no failure to comply therewith at such date, and any applicable breach or default of Section 7.1 that had occurred shall be deemed cured for purposes of this Agreement. 

(b) Limitation on Exercise of Cure Right. Notwithstanding anything herein to the contrary contained herein or in any Loan Document,
(i) no Lender shall be required to make any Loans and no Issuing Bank shall be required to issue or amend any Letters of Credit, in each case, during the ten (10) Business Day period referred to above, (ii) in each twelve
(12) consecutive fiscal month period there shall be a period of six (6) consecutive fiscal months in which the Cure Right is not exercised, (iii) the Cure Amount shall be no greater than one hundred (100%) percent of the amount
required for purposes of compliance with Section 7.1 as provided above, (iv) the Cure Right shall not be exercised more than four (4) times during the term of this Agreement, (v) all Specified Equity Contributions shall be
disregarded for purposes of determining any pricing, any financial ratio-based conditions or any baskets or threshold under this Agreement, and (vi) no Specified Equity Contribution shall result in any reduction of Indebtedness for purposes of
calculating compliance with any financial covenant under this Agreement. 
  

	8.	 EVENTS OF DEFAULT. 

Any one or more of the following events shall constitute an event of default (each, an “Event of Default”) under this
Agreement: 
 8.1 Payments. If Borrowers fail to pay when due and payable, or when declared due and payable, (a) all or
any portion of the Obligations consisting of interest, fees, or charges due to the Lender Group, reimbursement of Lender Group Expenses, or other amounts (other than any portion thereof constituting principal) constituting Obligations (including any
portion thereof that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), and such failure continues for a period of three Business
Days, (b) all or any portion of the principal of the Obligations, or (c) any amount payable to Issuing Bank in reimbursement of any drawing under a Letter of Credit which have not been paid through a Revolving Loan; 

8.2 Covenants. If any Loan Party or any of its Subsidiaries: 

(a) fails to perform or observe any covenant or other agreement contained in any of (i) Sections 3.6, 5.1, 5.2,
5.3 (solely if any Borrower is not in existence in its jurisdiction of organization), 5.5 (solely with respect to F.I.C.A., F.U.T.A., federal income taxes and any other taxes or assessments the non-payment of which may result in a Lien
having priority over Agent’s Liens), 5.6, 5.7, 5.11, 5.13 or 5.14 of this Agreement, (ii) Section 6 of this Agreement, (iii) Section 7 of this Agreement (subject to the Cure
Right), or (iv) Section 7 of the Guaranty and Security Agreement; 

  
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 (b) fails to perform or observe any covenant or other agreement contained in any of
Sections 5.3 (other than if any Borrower is not in existence in its jurisdiction of organization), 5.4, 5.5 (other than F.I.C.A., F.U.T.A., federal income taxes and any other taxes or assessments the non-payment of which may
result in a Lien having priority over Agent’s Liens), 5.8, 5.10 and 5.12 of this Agreement and such failure continues for a period of fifteen (15) days after the earlier of (i) the date on which such failure shall
first become known to any officer of any Borrower, or (ii) the date on which written notice thereof is given to Borrowers by Agent; or 

(c) fails to perform or observe any covenant or other agreement contained in this Agreement, or in any of the other Loan Documents, in each
case, other than any such covenant or agreement that is the subject of another provision of this Section 8 (in which event such other provision of this Section 8 shall govern), and such failure continues for a period of thirty days
after the earlier of (i) the date on which such failure shall first become known to any officer of any Borrower, or (ii) the date on which written notice thereof is given to Borrowers by Agent; 

8.3 Judgments. If one or more judgments, orders, or awards for the payment of money involving an aggregate amount of $5,000,000,
or more (except to the extent fully covered (other than to the extent of customary deductibles) by insurance pursuant to which the insurer has not denied coverage) is entered or filed against a Loan Party or any of its Subsidiaries, or with respect
to any of their respective assets, and either (a) there is a period of thirty consecutive days at any time after the entry of any such judgment, order, or award during which (i) the same is not discharged, satisfied, vacated, or bonded
pending appeal, or (ii) a stay of enforcement thereof is not in effect, or (b) enforcement proceedings are commenced upon such judgment, order, or award; 

8.4 Voluntary Bankruptcy, Etc. If an Insolvency Proceeding is commenced by a Loan Party or any of its Subsidiaries; 

8.5 Involuntary Bankruptcy, Etc. If an Insolvency Proceeding is commenced against a Loan Party or any of its Subsidiaries and any
of the following events occur: (a) such Loan Party or such Subsidiary consents to the institution of such Insolvency Proceeding against it, (b) the petition commencing the Insolvency Proceeding is not timely controverted, (c) the
petition commencing the Insolvency Proceeding is not dismissed within sixty calendar days of the date of the filing thereof, (d) an interim trustee is appointed to take possession of all or any substantial portion of the properties or assets
of, or to operate all or any substantial portion of the business of, such Loan Party or its Subsidiary, or (e) an order for relief shall have been issued or entered therein; 

8.6 Default under Other Agreements. If (a) an “event of default” occurs under the Term Loan Documents or
(b) there is a default in one or more other agreements to which a Loan Party or any of its Subsidiaries is a party with one or more third Persons relative to a Loan Party’s or any of its Subsidiaries’ Indebtedness involving an
aggregate amount of $5,000,000 or more (other than Indebtedness under the Term Loan Documents), and such default (i) occurs at the final maturity of the obligations thereunder, or (ii) results in a right by such third Person, irrespective
of whether exercised, to accelerate the maturity of such Loan Party’s or its Subsidiary’s obligations thereunder, or (c) a default in or an involuntary early termination of one or more Hedge Agreements to which a Loan Party or any of
its Subsidiaries is a party and any Lender is a counterparty, or (d) a default in or an involuntary early termination of one or more Hedge Agreements to which a Loan Party or any of its Subsidiaries is a party and a Bank Product Provider is not
a counterparty and, in either event under this clause (d), the swap termination costs to be paid by such Loan Party or Subsidiary to the counterparty in accordance with the terms of such Hedge Agreement are $2,000,000 or more; 

  
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 8.7 Representations, Etc. If any warranty, representation, certificate,
statement, or Record made herein or in any other Loan Document or delivered in writing to Agent or any Lender in connection with this Agreement or any other Loan Document proves to be untrue in any material respect (except that such materiality
qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) as of the date of issuance or making or deemed making thereof; 

8.8 Guaranty. If the obligation of any Guarantor under the guaranty contained in the Guaranty and Security Agreement or under any
other guaranty in favor of Agent is limited or terminated by operation of law or by such Guarantor (other than in accordance with the terms of this Agreement) or if any Guarantor repudiates or revokes or purports to repudiate or revoke any such
guaranty; 
 8.9 Security Documents. If the Guaranty and Security Agreement or any other Loan Document that purports to create
a Lien, shall, for any reason, fail or cease to create a valid and perfected and, (except to the extent of Permitted Liens which are non-consensual Permitted Liens, Liens securing Permitted Purchase Money Indebtedness or the interests of lessors
under Capital Leases) first priority Lien on the Collateral covered thereby, or such Lien shall for any reason cease to be a perfected and first priority Lien (except to the extent of Permitted Liens which are non-consensual Permitted Liens, Liens
securing Permitted Purchase Money Indebtedness or the interests of lessors under Capital Leases), except (a) as a result of a disposition of the applicable Collateral in a transaction permitted under this Agreement, (b) with respect to
Collateral the aggregate value of which, for all such Collateral, does not exceed at any time, $2,500,000 or (c) pursuant to the terms of the Intercreditor Agreement; 

8.10 Loan Documents. The validity or enforceability of any Loan Document shall at any time for any reason (other than solely as
the result of an action or failure to act on the part of Agent) be declared to be null and void, or a proceeding shall be commenced by a Loan Party or its Subsidiaries, or by any Governmental Authority having jurisdiction over a Loan Party or its
Subsidiaries, seeking to establish the invalidity or unenforceability thereof, or a Loan Party or its Subsidiaries shall deny that such Loan Party or its Subsidiaries has any liability or obligation purported to be created under any Loan Document;

 8.11 Change of Control. A Change of Control shall occur, whether directly or indirectly; 

8.12 ERISA. (i) The occurrence of any of the following events: (a) any Loan Party or ERISA Affiliate fails to make full
payment when due of all amounts which any Loan Party or ERISA Affiliate is required to pay as contributions, installments, or otherwise to or with respect to a Pension Plan or Multiemployer Plan, and such failure could reasonably be expected to
result in liability to any Loan Party in excess of $1,000,000, or (b) an ERISA Event, which could reasonably be expected to result in liability to any Loan Party in excess of $1,000,000, either individually or in the aggregate; or 

8.13 Subordination; Intercreditor Agreement. (a) The provisions of the Intercreditor Agreement shall, in whole or in part,
terminate, cease to be effective or cease to be legally valid, binding and enforceable against the Term Loan Agent, or (b) the subordination provisions of the documents evidencing or governing any Subordinated Indebtedness (together with
similar provisions of the Intercreditor Agreement, collectively, the “Subordination Provisions”) shall, in whole or in part, terminate, cease to be effective or cease to be legally valid, binding and enforceable against any holder
of such Subordinated Indebtedness; or (c) any Person shall, directly or indirectly, disavow or contest in any manner (A) the effectiveness, validity or enforceability of any of the Subordination Provisions, (B) that the Subordination
Provisions exist for the benefit of the Loan Parties, or (C) that all payments of principal of or premium and interest on the applicable Subordinated Indebtedness, or realized from the liquidation of any property of any Loan Party, shall be
subject to any Subordination Provisions applicable thereto. 

  
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 9. RIGHTS AND REMEDIES. 

9.1 Rights and Remedies. Upon the occurrence and during the continuation of an Event of Default, Agent may, and, at the
instruction of the Required Lenders, shall (in each case under clauses (a) or (b) below by written notice to Lead Borrower), in addition to any other rights or remedies provided for hereunder or under any other Loan Document or by
applicable law, do any one or more of the following: 
 (a) by written notice to Lead Borrower, (i) declare the Obligations (other than
the Bank Product Obligations), whether evidenced by this Agreement or by any of the other Loan Documents immediately due and payable, whereupon the same shall become and be immediately due and payable and Borrowers shall be obligated to repay all of
such Obligations in full, without presentment, demand, protest, or further notice or other requirements of any kind, all of which are hereby expressly waived by Borrower and (ii) direct Borrowers to provide (and Borrowers agree that upon
receipt of such notice Borrowers will provide) Letter of Credit Collateralization to Agent to be held as security for Borrowers’ reimbursement obligations for drawings that may subsequently occur under issued and outstanding Letters of Credit;

 (b) by written notice to Lead Borrower, declare the Commitments terminated, whereupon the Commitments shall immediately be terminated
together with (i) any obligation of any Lender hereunder to make Revolving Loans, and (ii) the obligation of Issuing Bank to issue Letters of Credit; and 

(c) exercise all other rights and remedies available to Agent or Lenders under the Loan Documents or applicable law. 

The foregoing to the contrary notwithstanding, upon the occurrence of any Event of Default described in Section 8.4 or Section 8.5, in
addition to the remedies set forth above, without any notice to Borrower or any other Person or any act by the Lender Group, the Commitments shall automatically terminate and the Obligations (other than the Bank Product Obligations), inclusive of
all accrued and unpaid interest thereon and all fees and all other amounts owing under this Agreement or under any of the other Loan Documents, shall automatically and immediately become due and payable and Borrower shall be obligated to repay all
of such Obligations in full, without presentment, demand, protest, or notice of any kind, all of which are expressly waived by Borrower. 

9.2 Remedies Cumulative. The rights and remedies of the Lender Group under this Agreement, the other Loan Documents, and all
other agreements shall be cumulative. The Lender Group shall have all other rights and remedies not inconsistent herewith as provided under the UCC, by law, or in equity. No exercise by the Lender Group of one right or remedy shall be deemed an
election, and no waiver by the Lender Group of any Event of Default shall be deemed a continuing waiver. No delay by the Lender Group shall constitute a waiver, election, or acquiescence by it. 

10. WAIVERS; INDEMNIFICATION. 

10.1 Demand; Protest; etc. Each Borrower waives demand, protest, notice of protest, notice of default or dishonor, notice of
payment and nonpayment, nonpayment at maturity, release, compromise, settlement, extension, or renewal of documents, instruments, chattel paper, and guarantees at any time held by the Lender Group on which any Borrower may in any way be liable. 

10.2 The Lender Group’s Liability for Collateral. Each Borrower hereby agrees that: (a) so long as Agent complies with
its obligations, if any, under the UCC, the Lender Group shall not in any way or manner be liable or responsible for: (i) the safekeeping of the Collateral, (ii) any loss or damage thereto occurring or arising in any manner or fashion from
any cause, (iii) any diminution in the value thereof, or (iv) any act or default of any carrier, warehouseman, bailee, forwarding agency, or other Person, and (b) all risk of loss, damage, or destruction of the Collateral shall be
borne by the Loan Parties. 

  
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 10.3 Indemnification. Each Loan Party shall pay, indemnify, defend, and hold
the Agent- Related Persons, the Lender-Related Persons, the Issuing Bank and each Participant (each, an “Indemnified Person”) harmless (to the fullest extent permitted by law) from and against any and all claims, demands, suits,
actions, investigations, proceedings, liabilities, fines, costs, penalties, and damages, and all reasonable fees and disbursements of attorneys (limited to a single counsel for the Lender Group, one local counsel for the Lender Group in each
appropriate jurisdiction and, in the case of an actual or perceived conflict of interest involving an Indemnified Person, one counsel for such Indemnified Person), experts, or consultants and all other costs and expenses actually incurred in
connection therewith or in connection with the enforcement of this indemnification (as and when they are incurred and irrespective of whether suit is brought), at any time asserted against, imposed upon, or incurred by any of them (a) in
connection with or as a result of or related to the execution and delivery (provided that Loan Parties shall not be liable for costs and expenses (including attorneys’ fees) of any Lender (other than Wells Fargo) incurred in advising,
structuring, drafting, reviewing, administering or syndicating the Loan Documents), enforcement, performance, or administration (including any restructuring or workout with respect hereto) of this Agreement, any of the other Loan Documents, or the
transactions contemplated hereby or thereby or the monitoring of Loan Parties’ compliance with the terms of the Loan Documents (provided, that, the indemnification in this clause (a) shall not extend to (i) disputes
solely between or among Lenders, (ii) disputes solely between or among Lenders and their respective Affiliates; it being understood and agreed that the indemnification in this clause (a) shall extend to Agent (but not Lenders unless the
dispute involves an act or omission of a Loan Party) relative to disputes between or among Agent on the one hand, and one or more Lenders, or one or more of their Affiliates, on the other hand, or (iii) any Taxes or any costs attributable to
Taxes, which shall be governed by Section 16.1), (b) with respect to any actual or prospective investigation, litigation, or proceeding related to this Agreement, any other Loan Document, the making of any Loans or issuance of any
Letters of Credit, or the use of the proceeds of any Loans or Letters of Credit provided hereunder (irrespective of whether any Indemnified Person is a party thereto), or any act, omission, event, or circumstance in any manner related thereto, and
(c) in connection with or arising out of any presence or release of Hazardous Materials at, on, under, to or from any assets or properties owned, leased or operated by any Loan Party or any Environmental Actions, Environmental Liabilities or
Remedial Actions related in any way to any such assets or properties of Loan Parties (each and all of the foregoing, the “Indemnified Liabilities”). The foregoing to the contrary notwithstanding, Loan Parties shall have no
obligation to any Indemnified Person under this Section 10.3 with respect to any Indemnified Liability that a court of competent jurisdiction finally determines to have resulted from the gross negligence, bad faith or willful misconduct
of such Indemnified Person or its Affiliates, or its or their respective officers, directors, employees, attorneys, or agents, or from a material breach of the material obligations of such Indemnified Person under the Loan Documents. This provision
shall survive the termination of this Agreement and the repayment of the Obligations. If any Indemnified Person makes any payment to any other Indemnified Person with respect to an Indemnified Liability as to which Loan Parties were required to
indemnify the Indemnified Person receiving such payment, the Indemnified Person making such payment is entitled to be indemnified and reimbursed by Loan Parties with respect thereto. WITHOUT LIMITATION, THE FOREGOING INDEMNITY SHALL APPLY TO EACH
INDEMNIFIED PERSON WITH RESPECT TO INDEMNIFIED LIABILITIES WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF ANY NEGLIGENT ACT OR OMISSION OF SUCH INDEMNIFIED PERSON OR OF ANY OTHER PERSON; PROVIDED, THAT, THE FOREGOING INDEMNITY
SHALL NOT APPLY IF A COURT OF COMPETENT JURISDICTION ENTERS A FINAL NON APPEALABLE JUDGMENT THAT SUCH INDEMNIFIED LIABILITIES HAVE RESULTED PRIMARILY FROM THE GROSS NEGLIGENCE, BAD FAITH OR WILLFUL MISCONDUCT OF SUCH INDEMNIFIED PERSON OR ITS
OFFICERS, DIRECTORS, EMPLOYEES, ATTORNEYS, OR AGENTS. 

  
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 11. NOTICES. 

Unless otherwise provided in this Agreement, all notices or demands relating to this Agreement or any other Loan Document shall be in writing
and (except for financial statements and other informational documents which may be sent by first-class mail, postage prepaid) shall be personally delivered or sent by registered or certified mail (postage prepaid, return receipt requested),
overnight courier, electronic mail (at such email addresses as a party may designate in accordance herewith), or telefacsimile. In the case of notices or demands to any Loan Party or Agent, as the case may be, they shall be sent to the respective
address set forth below: 
 If to any Loan Party:   c/o Independence Contract Drilling, Inc. 

20475 State Highway 249 

Suite 300 

Houston, TX, 77070 

Attn: Anthony Gallegos 

Fax No. 713-800-7417 

with copies to:             Sidley Austin LLP 

1000 Louisiana Street 

Suite 6000 

Houston, TX 77002 

Attn: David Buck 

Fax No. 713-495-7799 

If to Agent:                 Wells Fargo Bank, National 

Association 

14241 Dallas Parkway, 9th Floor 

Dallas, Texas 75254-2936 

Attn: Loan Portfolio Manager 

Fax No.: 866-598-5212 

with copies to:             OTTERBOURG P.C. 

230 Park Avenue 

New York, New York 10169 

Attn: Thomas P. Duignan, Esq. 

Fax No.: 212-682-6104 
 Any
party hereto may change the address at which they are to receive notices hereunder, by notice in writing in the foregoing manner given to the other party. All notices or demands sent in accordance with this Section 11, shall be deemed
received on the earlier of the date of actual receipt or three (3) Business Days after the deposit thereof in the mail; provided, that, (a) notices sent by overnight courier service shall be deemed to have been given when
received, (b) notices by facsimile shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day
for the recipient), and (c) notices by electronic mail shall be deemed received upon the sender’s receipt of an acknowledgment from the intended recipient (such as by the “return receipt requested” function, as available, return
email or other written acknowledgment). 

  
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 12. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER. 

(a) THE VALIDITY OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (UNLESS EXPRESSLY PROVIDED TO THE CONTRARY IN ANOTHER LOAN DOCUMENT IN RESPECT
OF SUCH OTHER LOAN DOCUMENT), THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF AND THEREOF, AND THE RIGHTS OF THE PARTIES HERETO AND THERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO SHALL BE
DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK; PROVIDED, HOWEVER, THAT IF THE LAWS OF ANY JURISDICTION OTHER THAN NEW YORK SHALL GOVERN IN REGARD TO THE VALIDITY, PRIORITY, PERFECTION
OR EFFECT OF PERFECTION OF ANY LIEN OR IN REGARD TO PROCEDURAL MATTERS AFFECTING ENFORCEMENT OF ANY LIENS IN COLLATERAL, SUCH LAWS OF SUCH OTHER JURISDICTIONS SHALL CONTINUE TO APPLY TO THAT EXTENT. 

(b) THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS SHALL BE TRIED AND
LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF NEW YORK, STATE OF NEW YORK; PROVIDED, THAT, ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY
BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. EACH LOAN PARTY AND EACH MEMBER OF THE LENDER GROUP WAIVE, TO THE EXTENT PERMITTED
UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 12(b). 

(c) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH LOAN PARTY AND EACH MEMBER OF THE LENDER GROUP HEREBY WAIVE THEIR RESPECTIVE RIGHTS
TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED THEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR
STATUTORY CLAIMS. EACH LOAN PARTY AND EACH MEMBER OF THE LENDER GROUP REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION,
A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 
 (d) EACH LOAN PARTY HEREBY IRREVOCABLY AND
UNCONDITIONALLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE STATE AND FEDERAL COURTS LOCATED IN THE COUNTY OF NEW YORK AND THE STATE OF NEW YORK, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO ANY LOAN DOCUMENTS, OR FOR RECOGNITION OR
ENFORCEMENT OF ANY JUDGMENT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH 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.
NOTHING IN THIS 

  
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AGREEMENT OR ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT AGENT MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN
PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 
 13. ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS. 

13.1 Assignments and Participations. 

(a) Subject to the conditions set forth in Section 13.1(a)(ii) below, any Lender may assign and delegate all or any portion of its rights
and duties under the Loan Documents (including the Obligations owed to it and its Commitments) to one or more assignees so long as such prospective assignee is an Eligible Transferee (each, an “Assignee”), with the prior written
consent (such consent not be unreasonably withheld or delayed) of: 
 (i) Lead Borrower; provided, that, (A) no consent of Lead
Borrower shall be required (1) if an Event of Default exists or has occurred and is continuing, or (2) in connection with an assignment to a Related Fund or to a Person that is a Lender or an Affiliate (other than natural persons) of a
Lender and (B) Borrowers shall be deemed to have consented to a proposed assignment unless they object thereto by written notice to Agent within five (5) Business Days after having received notice thereof; and 

(ii) Agent and Issuing Bank. 

(b) Assignments shall be subject to the following additional conditions: 

(i) no assignment may be made (i) as long as no Event of Default has occurred and is continuing, any Disqualified Lender, or (ii) to
a natural person, 
 (ii) no assignment may be made to a Loan Party, an Affiliate of a Loan Party, any holder of Subordinated Indebtedness,

 (iii) the amount of the Commitments and the other rights and obligations of the assigning Lender hereunder and under the other Loan
Documents subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to Agent) shall be in a minimum amount (unless waived by Agent) of $5,000,000 (except such minimum amount
shall not apply to (A) an assignment or delegation by any Lender to any other Lender, an Affiliate of any Lender, or a Related Fund of such Lender, or (B) a group of new Lenders, each of which is an Affiliate of each other or a Related
Fund of such new Lender to the extent that the aggregate amount to be assigned to all such new Lenders is at least $5,000,000), 
 (iv) each
partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement, 

(v) the parties to each assignment shall execute and deliver to Agent an Assignment and Acceptance; provided, that, Borrowers and Agent may
continue to deal solely and directly with the assigning Lender in connection with the interest so assigned to an Assignee until written notice of such assignment, together with payment instructions, addresses, and related information with respect to
the Assignee, have been given to Borrowers and Agent by such Lender and the Assignee, 

  
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 (vi) unless waived by Agent, the assigning Lender or Assignee has paid to Agent, for
Agent’s separate account, a processing fee in the amount of $3,500; 
 (vii) the assignee, if it is not a Lender, shall deliver to
Agent an Administrative Questionnaire in a form approved by Agent (the “Administrative Questionnaire”); and 
 (c) From and after
the date that Agent notifies the assigning Lender (with a copy to Lead Borrower) that it has received an executed Assignment and Acceptance and, if applicable, payment of the required processing fee, (i) the Assignee thereunder shall be a party
hereto and, to the extent that rights and obligations hereunder have been assigned to it pursuant to such Assignment and Acceptance, shall be a “Lender” and shall have the rights and obligations of a Lender under the Loan Documents,
and (ii) the assigning Lender shall, to the extent that rights and obligations hereunder and under the other Loan Documents have been assigned by it pursuant to such Assignment and Acceptance, relinquish its rights (except with respect to
Section 10.3 and Section 16) and be released from any future obligations under this Agreement (and in the case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s rights and
obligations under this Agreement and the other Loan Documents, such Lender shall cease to be a party hereto and thereto); provided, however, that nothing contained herein shall release any assigning Lender from obligations that survive
the termination of this Agreement, including such assigning Lender’s obligations under Section 15 and Section 17.9(a). 

(d) By executing and delivering an Assignment and Acceptance, the assigning Lender thereunder and the Assignee thereunder confirm to and agree
with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes no representation or warranty and assumes no responsibility with respect to any statements,
warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other Loan Document furnished pursuant hereto, (ii) such
assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial condition of Borrowers or the performance or observance by Borrowers of any of their obligations under this Agreement or any other Loan
Document furnished pursuant hereto, (iii) such Assignee confirms that it has received a copy of this Agreement, together with such other documents and information as it has deemed appropriate to make its own credit analysis and decision to
enter into such Assignment and Acceptance, (iv) such Assignee will, independently and without reliance upon Agent, such assigning Lender or any other Lender, and based on such documents and information as it shall deem appropriate at the time,
continue to make its own credit decisions in taking or not taking action under this Agreement, (v) such Assignee appoints and authorizes Agent to take such actions and to exercise such powers under this Agreement and the other Loan Documents as
are delegated to Agent, by the terms hereof and thereof, together with such powers as are reasonably incidental thereto, (vi) such Assignee agrees that it will perform all of the obligations which by the terms of this Agreement are required to
be performed by it as a Lender. 
 (e) Immediately upon Agent’s receipt of the required processing fee, if applicable, and delivery of
notice to the assigning Lender pursuant to Section 13.1(b), this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee and the resulting adjustment of the
Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Lender pro tanto. 

(f) Any Lender may at any time sell to one or more commercial banks, financial institutions, or other Persons (a
“Participant”) participating interests in all or any portion of its Obligations, its Commitment, and the other rights and interests of that Lender (the “Originating Lender”) hereunder and under the other Loan
Documents; provided, that, (i) the Originating Lender shall remain a “Lender” for all purposes of this Agreement and the other Loan Documents and the Participant receiving the

  
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participating interest in the Obligations, the Commitments, and the other rights and interests of the Originating Lender hereunder shall not constitute a “Lender” hereunder or under the
other Loan Documents and the Originating Lender’s obligations under this Agreement shall remain unchanged, (ii) the Originating Lender shall remain solely responsible for the performance of such obligations, (iii) Borrowers, Agent,
and Lenders shall continue to deal solely and directly with the Originating Lender in connection with the Originating Lender’s rights and obligations under this Agreement and the other Loan Documents, (iv) no Lender shall transfer or grant
any participating interest under which the Participant has the right to approve any amendment to, or any consent or waiver with respect to, this Agreement or any other Loan Document, except to the extent such amendment to, or consent or waiver with
respect to this Agreement or of any other Loan Document would (A) extend the final maturity date of any of the Obligations hereunder in which such Participant is participating, (B) reduce the interest rate applicable to the Obligations
hereunder in which such Participant is participating, (C) release all or substantially all of the Collateral or guaranties (except to the extent expressly provided herein or in any of the Loan Documents) supporting the Obligations hereunder in
which such Participant is participating, (D) postpone the payment of, or reduce the amount of, the interest or fees payable to such Participant through such Lender (other than a waiver of default interest), or (E) decrease the amount or
postpones the due dates of scheduled principal repayments or prepayments or premiums payable to such Participant through such Lender, (v) no participation shall be sold (i) as long as no Event of Default has occurred and is continuing, any
Disqualified Lender, or (ii) to a natural person, and (vi) all amounts payable by Borrowers hereunder shall be determined as if such Lender had not sold such participation, except that, if amounts outstanding under this Agreement are due
and unpaid, or shall have been declared or shall have become due and payable upon the occurrence of an Event of Default, each Participant shall be deemed to have the right of set off in respect of its participating interest in amounts owing under
this Agreement to the same extent as if the amount of its participating interest were owing directly to it as a Lender under this Agreement. The rights of any Participant only shall be derivative through the Originating Lender with whom such
Participant participates and no Participant shall have any rights under this Agreement or the other Loan Documents or any direct rights as to the other Lenders, Agent, Borrowers, the Collections of Loan Parties, the Collateral, or otherwise in
respect of the Obligations. No Participant shall have the right to participate directly in the making of decisions by Lenders among themselves. 

(g) In connection with any such assignment or participation or proposed assignment or participation or any grant of a security interest in, or
pledge of, its rights under and interest in this Agreement, a Lender may, subject to the provisions of Section 17.9, disclose all documents and information which it now or hereafter may have relating to the Loan Parties and their
Subsidiaries and their respective businesses. 
 (h) Any other provision in this Agreement notwithstanding, any Lender may at any time create
a security interest in, or pledge, all or any portion of its rights under and interest in this Agreement in favor of any Federal Reserve Bank in accordance with Regulation A of the Federal Reserve Bank or U.S. Treasury Regulation 31 CFR
§203.24, and such Federal Reserve Bank may enforce such pledge or security interest in any manner permitted under applicable law; provided, that, no such pledge shall release such Lender from any of its obligations hereunder or
substitute any such pledgee or assignee for such Lender as a party hereto. 
 (i) Agent shall have the right, and each Loan Party hereby
expressly authorizes Agent, to provide the list of Disqualified Lenders provided by Borrowers and any updates thereto from time to time (collectively, the “DQ List”) to each Lender requesting the same and such Lender may so provide the DQ
List to any potential assignees or participants. 

  
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 13.2 Successors. This Agreement shall bind and inure to the benefit of the
respective successors and assigns of each of the parties; provided, that, Borrowers may not assign this Agreement or any rights or duties hereunder without Lenders’ prior written consent and any prohibited assignment shall be
absolutely void ab initio. No consent to assignment by Lenders shall release Borrowers from their obligations hereunder. A Lender may assign this Agreement and the other Loan Documents and its rights and duties hereunder and thereunder pursuant to
Section 13.1 and, except as expressly required pursuant to Section 13.1, no consent or approval by any Loan Party is required in connection with any such assignment. 

14. AMENDMENTS; WAIVERS. 

14.1 Amendments and Waivers. 

(a) No amendment, waiver or other modification of any provision of this Agreement or any other Loan Document (other than Bank Product
Agreements or the Fee Letter), and no consent with respect to any departure by Loan Parties therefrom, shall be effective unless the same shall be in writing and signed by the Required Lenders (or by Agent at the written request of the Required
Lenders) and the Loan Parties that are party thereto and then any such waiver or consent shall be effective, but only in the specific instance and for the specific purpose for which given; provided, that, no such waiver, amendment, or
consent shall, unless in writing and signed by all of Lenders directly affected thereby and all of the Loan Parties that are party thereto, do any of the following: 

(i) increase the amount of or extend the expiration date of any Commitment of any Lender or amend, modify, or eliminate the last sentence of
Section 2.4(c), 
 (ii) postpone or delay any date fixed by this Agreement or any other Loan Document for any payment of
principal, interest, fees, or other amounts due hereunder or under any other Loan Document, 
 (iii) reduce the principal of, or the rate of
interest on, any loan or other extension of credit hereunder, or reduce any fees or other amounts payable hereunder or under any other Loan Document (except (A) in connection with the waiver of applicability of Section 2.6(c) (which
waiver shall be effective with the written consent of the Required Lenders), and (B) that any amendment or modification of defined terms used in the financial covenant in this Agreement shall not constitute a reduction in the rate of interest
or a reduction of fees for purposes of this clause (iii)); 
 (iv) amend, modify, or eliminate this Section or any provision of this
Agreement providing for consent or other action by all Lenders, 
 (v) amend, modify, or eliminate Section 15.11, 

(vi) other than as permitted by Section 15.11, release Agent’s Lien in and to any of the Collateral, 

(vii) amend, modify, or eliminate the definition of “Required Lenders” , “Supermajority Lenders” or “Pro Rata
Share”, 
 (viii) contractually subordinate any of Agent’s Liens (other than as expressly permitted pursuant to the Intercreditor
Agreement), 
 (ix) other than in connection with a merger, amalgamation, liquidation, dissolution or sale of such Person expressly
permitted by the terms hereof or the other Loan Documents, release any Borrower or all or substantially all of the Guarantors from any obligation for the payment of money or consent to the assignment or transfer by any Borrower or any Guarantor of
any of its rights or duties under this Agreement or the other Loan Documents, 

  
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 (x) amend, modify, or eliminate any of the provisions of Section 2.4(b)(i),
(ii) or (iii). 
 (xi) amend, modify, or eliminate any of the provisions of Section 13.1(a) to permit a Loan
Party, an Affiliate of a Loan Party, Parent, or an Affiliate of Parent to be permitted to become an Assignee. 
 (b) No amendment, waiver,
modification, elimination, or consent shall, without written consent of Agent, Borrowers and the Supermajority Lenders, amend, modify, or eliminate the definition of Borrowing Base or any of the defined terms (including the definitions of Eligible
Accounts) that are used in such definition to the extent that any such change results in more credit being made available to Borrowers based upon the Borrowing Base, but not otherwise, or change Section 2.1(c). 

(c) No amendment, waiver, modification, elimination, or consent shall amend, modify, or waive (i) the definition of, or any of the terms
or provisions of, any Fee Letter, without the written consent of Agent and Lead Borrower (and shall not require the written consent of any of Lenders), and (ii) any provision of Section 15 pertaining to Agent, or any other rights or duties
of Agent under this Agreement or the other Loan Documents, without the written consent of Agent, Lead Borrower, and the Required Lenders, 

(d) No amendment, waiver, modification, elimination, or consent shall amend, modify, or waive any provision of this Agreement or the other Loan
Documents pertaining to Issuing Bank, or any other rights or duties of Issuing Bank under this Agreement or the other Loan Documents, without the written consent of Issuing Bank, Agent, Lead Borrower, and the Required Lenders, 

(e) [Reserved], 
 (f) Anything in
this Section 14.1 to the contrary notwithstanding, (i) any amendment, modification, elimination, waiver, consent, termination, or release of, or with respect to, any provision of this Agreement or any other Loan Document that
relates only to the relationship of the Lender Group among themselves, and that does not affect the rights or obligations of Loan Parties, shall not require consent by or the agreement of any Loan Party, and (ii) any amendment, waiver,
modification, elimination, or consent of or with respect to any provision of this Agreement or any other Loan Document may be entered into without the consent of, or over the objection of, any Defaulting Lender. 

14.2 Replacement of Certain Lenders. 

(a) If (i) any action to be taken by the Lender Group or Agent hereunder requires the consent, authorization, or agreement of all Lenders
or all Lenders affected thereby and if such action has received the consent, authorization, or agreement of the Required Lenders but not of all Lenders or all Lenders affected thereby, or (ii) any Lender makes a claim for compensation under
Section 16, then Lead Borrower or Agent, upon at least five (5) Business Days prior irrevocable notice, may permanently replace any Lender that failed to give its consent, authorization, or agreement (a “Non-Consenting
Lender”) or any Lender that made a claim for compensation (a “Tax Lender”) with one or more Replacement Lenders, and the Non-Consenting Lender or Tax Lender, as applicable, shall have no right to refuse to be replaced
hereunder. Such notice to replace the Non-Consenting Lender or Tax Lender, as applicable, shall specify an effective date for such replacement, which date shall not be later than fifteen (15) Business Days after the date such notice is given.

  
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 (b) Prior to the effective date of such replacement, the Non-Consenting Lender or Tax
Lender, as applicable, and each Replacement Lender shall execute and deliver an Assignment and Acceptance, subject only to the Non-Consenting Lender or Tax Lender, as applicable, being repaid in full its share of the outstanding Obligations (without
any premium or penalty of any kind whatsoever, but including (i) all interest, fees and other amounts that may be due in payable in respect thereof, (ii) an assumption of its Pro Rata Share of participations in the Letters of Credit, and
(iii) Funding Losses). If the Non-Consenting Lender or Tax Lender, as applicable, shall refuse or fail to execute and deliver any such Assignment and Acceptance prior to the effective date of such replacement, Agent may, but shall not be
required to, execute and deliver such Assignment and Acceptance in the name or and on behalf of the Non-Consenting Lender or Tax Lender, as applicable, and irrespective of whether Agent executes and delivers such Assignment and Acceptance, the
Non-Consenting Lender or Tax Lender, as applicable, shall be deemed to have executed and delivered such Assignment and Acceptance. The replacement of any Non-Consenting Lender or Tax Lender, as applicable, shall be made in accordance with the terms
of Section 13.1. Until such time as one or more Replacement Lenders shall have acquired all of the Obligations, the Commitments, and the other rights and obligations of the Non-Consenting Lender or Tax Lender, as applicable, hereunder
and under the other Loan Documents, the Non-Consenting Lender or Tax Lender, as applicable, shall remain obligated to make the Non-Consenting Lender’s or Tax Lender’s, as applicable, Pro Rata Share of Advances and to purchase a
participation in each Letter of Credit, in an amount equal to its Pro Rata Share of such Letters of Credit. 
 14.3 No Waivers;
Cumulative Remedies. No failure by Agent or any Lender to exercise any right, remedy, or option under this Agreement or any other Loan Document, or delay by Agent or any Lender in exercising the same, will operate as a waiver thereof. No
waiver by Agent or any Lender will be effective unless it is in writing, and then only to the extent specifically stated. No waiver by Agent or any Lender on any occasion shall affect or diminish Agent’s and each Lender’s rights thereafter
to require strict performance by Loan Parties of any provision of this Agreement. Agent’s and each Lender’s rights under this Agreement and the other Loan Documents will be cumulative and not exclusive of any other right or remedy that
Agent or any Lender may have. 
 15. AGENT; THE LENDER GROUP. 

15.1 Appointment and Authorization of Agent. Each Lender hereby designates and appoints Wells Fargo as its agent under this
Agreement and the other Loan Documents and each Lender hereby irrevocably authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to designate, appoint, and authorize) Agent to execute and deliver each
of the other Loan Documents on its behalf and to take such other action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to Agent by the
terms of this Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Agent agrees to act as agent for and on behalf of Lenders (and the Bank Product Providers) on the conditions contained in this
Section 15. Any provision to the contrary contained elsewhere in this Agreement or in any other Loan Document notwithstanding, Agent shall not have any duties or responsibilities, except those expressly set forth herein or in the other
Loan Documents, nor shall Agent have or be deemed to have any fiduciary relationship with any Lender (or Bank Product Provider), and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this
Agreement or any other Loan Document or otherwise exist against Agent. Without limiting the generality of the foregoing, the use of the term “agent” in this Agreement or the other Loan Documents with reference to Agent is not intended to
connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only a representative
relationship between independent contracting parties. Each Lender hereby further authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to authorize) Agent to act as the 

  
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secured party under each of the Loan Documents that create a Lien on any item of Collateral. Except as expressly otherwise provided in this Agreement, Agent shall have and may use its sole
discretion with respect to exercising or refraining from exercising any discretionary rights or taking or refraining from taking any actions that Agent expressly is entitled to take or assert under or pursuant to this Agreement and the other Loan
Documents. Without limiting the generality of the foregoing, or of any other provision of the Loan Documents that provides rights or powers to Agent, Lenders agree that Agent shall have the right to exercise the following powers as long as this
Agreement remains in effect: (a) maintain, in accordance with its customary business practices, ledgers and records reflecting the status of the Obligations, the Collateral, the Collections of the Loan Parties, and related matters,
(b) execute or file any and all financing or similar statements or notices, amendments, renewals, supplements, documents, instruments, proofs of claim, notices and other written agreements with respect to the Loan Documents, or to take any
other action with respect to any Collateral or Loan Documents which may be necessary to perfect, and maintain perfection of, the security interests and Liens upon Collateral pursuant to the Loan Documents, (c) make Advances, for itself or on
behalf of Lenders, as provided in the Loan Documents, (d) exclusively receive, apply, and distribute the Collections of the Loan Parties as provided in the Loan Documents, (e) open and maintain such bank accounts and cash management
arrangements as Agent deems necessary and appropriate in accordance with the Loan Documents for the foregoing purposes with respect to the Collateral and the Collections of the Loan Parties, (f) perform, exercise, and enforce any and all other
rights and remedies of the Lender Group with respect to the Loan Parties, the Obligations, the Collateral, the Collections of the Loan Parties, or otherwise related to any of same as provided in the Loan Documents, and (g) incur and pay such
Lender Group Expenses as Agent may deem necessary or appropriate for the performance and fulfillment of its functions and powers pursuant to the Loan Documents. 

15.2 Delegation of Duties. Agent may execute any of its duties under this Agreement or any other Loan Document by or through
agents, employees or attorneys in fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. Agent shall not be responsible for the negligence or misconduct of any agent or attorney in fact that it selects as
long as such selection was made without gross negligence or willful misconduct. 
 15.3 Liability of Agent. None of the
Agent-Related Persons shall (a) be liable for any action taken or omitted to be taken by any of them under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby (except for its own gross
negligence or willful misconduct), or (b) be responsible in any manner to any of Lenders (or Bank Product Providers) for any recital, statement, representation or warranty made by the Loan Parties or Affiliates, or any officer or director
thereof, contained in this Agreement or in any other Loan Document, or in any certificate, report, statement or other document referred to or provided for in, or received by Agent under or in connection with, this Agreement or any other Loan
Document, or the validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or for any failure of the Loan Parties or any other party to any Loan Document to perform its obligations hereunder or
thereunder. No Agent-Related Person shall be under any obligation to any Lenders (or Bank Product Providers) to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or
any other Loan Document, or to inspect the books and records or properties of the Loan Parties. No Agent-Related Person shall have any liability to any Lender, any Loan Party or any of their respective Affiliates if any request for a Loan, Letter of
Credit or other extension of credit hereunder was not authorized by the applicable Borrower. Agent shall not be required to take any action that, in its opinion or in the opinion of its counsel, may expose it to liability or that is contrary to any
Loan Document or applicable law or regulation. 

  
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 15.4 Reliance by Agent. Agent shall be entitled to rely, and shall be fully
protected in relying, upon any writing, resolution, notice, consent, certificate, affidavit, letter, telegram, telefacsimile or other electronic method of transmission, telex or telephone message, statement or other document or conversation believed
by it to be genuine and correct and to have been signed, sent, or made by the proper Person or Persons, and upon advice and statements of legal counsel (including counsel to Loan Parties or counsel to any Lender), independent accountants and other
experts selected by Agent. Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other Loan Document unless Agent shall first receive such advice or concurrence of Lenders as it deems appropriate and
until such instructions are received, Agent shall act, or refrain from acting, as it deems advisable. If Agent so requests, it shall first be indemnified to its reasonable satisfaction by Lenders (and, if it so elects, the Bank Product Providers)
against any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action. Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other
Loan Document in accordance with a request or consent of the Required Lenders and such request and any action taken or failure to act pursuant thereto shall be binding upon all of Lenders (and Bank Product Providers). 

15.5 Notice of Default or Event of Default. Agent shall not be deemed to have knowledge or notice of the occurrence of any
Default or Event of Default, except with respect to defaults in the payment of principal, interest, fees, and expenses required to be paid to Agent for the account of Lenders and, except with respect to Events of Default of which Agent has actual
knowledge, unless Agent shall have received written notice from a Lender or Borrowers referring to this Agreement, describing such Default or Event of Default, and stating that such notice is a “notice of default.” Agent promptly will
notify Lenders of its receipt of any such notice or of any Event of Default of which Agent has actual knowledge. If any Lender obtains actual knowledge of any Event of Default, such Lender promptly shall notify the other Lenders and Agent of such
Event of Default. Each Lender shall be solely responsible for giving any notices to its Participants, if any. Subject to Section 15.4, Agent shall take such action with respect to such Default or Event of Default as may be requested by
the Required Lenders in accordance with Section 9; provided, that, unless and until Agent has received any such request, Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with
respect to such Default or Event of Default as it shall deem advisable. 
 15.6 Credit Decision. Each Lender (and Bank Product
Provider) acknowledges that none of the Agent-Related Persons has made any representation or warranty to it, and that no act by Agent hereinafter taken, including any review of the affairs of Loan Parties and their Affiliates, shall be deemed to
constitute any representation or warranty by any Agent-Related Person to any Lender (or Bank Product Provider). Each Lender represents (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to represent) to Agent
that it has, independently and without reliance upon any Agent-Related Person and based on such due diligence, documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, prospects,
operations, property, financial and other condition and creditworthiness of any Loan Party or any other Person party to a Loan Document, and all applicable bank regulatory laws relating to the transactions contemplated hereby, and made its own
decision to enter into this Agreement and to extend credit to Borrowers. Each Lender also represents (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to represent) that it will, independently and without
reliance upon any Agent-Related Person and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and
the other Loan Documents, and to make such investigations as it deems necessary to inform itself as to the business, prospects, operations, property, financial and other condition and creditworthiness of Borrowers or any other Person party to a Loan
Document. Except for notices, reports, and other documents expressly herein required to be furnished to Lenders by Agent, Agent shall not have any duty or responsibility to provide any Lender (or Bank Product Provider) with any credit or other
information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of Borrowers or any other Person party to a Loan Document that may come into the possession of any of the Agent-Related 

  
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Persons. Each Lender acknowledges (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that Agent does not have any duty or responsibility,
either initially or on a continuing basis (except to the extent, if any, that is expressly specified herein) to provide such Lender (or Bank Product Provider) with any credit or other information with respect to any Borrower, its Affiliates or any
of their respective business, legal, financial or other affairs, and irrespective of whether such information came into Agent’s or its Affiliates’ or representatives’ possession before or after the date on which such Lender became a
party to this Agreement (or such Bank Product Provider entered into a Bank Product Agreement). 
 15.7 Costs and Expenses;
Indemnification. Agent may incur and pay Lender Group Expenses to the extent Agent reasonably deems necessary or appropriate for the performance and fulfillment of its functions, powers, and obligations pursuant to the Loan Documents,
including court costs, attorneys’ fees and expenses, fees and expenses of financial accountants, advisors, consultants, and appraisers, costs of collection by outside collection agencies, auctioneer fees and expenses, and costs of security
guards or insurance premiums paid to maintain the Collateral, whether or not Loan Parties are obligated to reimburse Agent or Lenders for such expenses pursuant to this Agreement or otherwise. Agent is authorized and directed to deduct and retain
sufficient amounts from the Collections Loan Parties received by Agent to reimburse Agent for such out-of-pocket costs and expenses prior to the distribution of any amounts to Lenders (or Bank Product Providers). In the event Agent is not reimbursed
for such costs and expenses by Loan Parties, each Lender hereby agrees that it is and shall be obligated to pay to Agent such Lender’s ratable thereof. Whether or not the transactions contemplated hereby are consummated, each of Lenders, on a
ratable basis, shall indemnify and defend the Agent-Related Persons (to the extent not reimbursed by or on behalf of Loan Parties and without limiting the obligation of Loan Parties to do so) from and against any and all Indemnified Liabilities;
provided, however, that no Lender shall be liable for the payment to any Agent-Related Person of any portion of such Indemnified Liabilities resulting solely from such Person’s gross negligence or willful misconduct nor shall any
Lender be liable for the obligations of any Defaulting Lender in failing to make an Advance or other extension of credit hereunder. Without limitation of the foregoing, each Lender shall reimburse Agent upon demand for such Lender’s ratable
share of any costs or out of pocket expenses (including attorneys, accountants, advisors, and consultants fees and expenses) incurred by Agent in connection with the preparation, execution, delivery, administration, modification, amendment, or
enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement or any other Loan Document to the extent that Agent is not reimbursed for such expenses by
or on behalf of Borrowers. The undertaking in this Section shall survive the payment of all Obligations hereunder and the resignation or replacement of Agent. 

15.8 Agent in Individual Capacity. Wells Fargo and its Affiliates may make loans to, issue letters of credit for the account of,
accept deposits from, provide Bank Products to, acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with Loan Parties and their Affiliates and any other Person party to
any Loan Document as though Wells Fargo were not Agent hereunder, and, in each case, without notice to or consent of the other members of the Lender Group. The other members of the Lender Group acknowledge (and by entering into a Bank Product
Agreement, each Bank Product Provider shall be deemed to acknowledge) that, pursuant to such activities, Wells Fargo or its Affiliates may receive information regarding Loan Parties or their Affiliates or any other Person party to any Loan Documents
that is subject to confidentiality obligations in favor of Loan Parties or such other Person and that prohibit the disclosure of such information to Lenders (or Bank Product Providers), and Lenders acknowledge (and by entering into a Bank Product
Agreement, each Bank Product Provider shall be deemed to acknowledge) that, in such circumstances (and in the absence of a waiver of such confidentiality obligations, which waiver Agent will use its reasonable best efforts to obtain), Agent shall
not be under any obligation to provide such information to them. The terms “Lender” and “Lenders” include Wells Fargo in its individual capacity. 

  
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 15.9 Successor Agent. Agent may resign as Agent upon forty-five (45) days
prior written notice to Lenders (unless such notice is waived by the Required Lenders) and Lead Borrower (unless such notice is waived by Lead Borrower or a Default or Event of Default has occurred and is continuing) and without any notice to the
Bank Product Providers. If Agent resigns under this Agreement, the Required Lenders shall be entitled, with (so long as no Event of Default has occurred and is continuing) the consent of Lead Borrower (such consent not to be unreasonably withheld,
delayed, or conditioned), appoint a successor Agent from among Lenders (and the Bank Product Providers). If, at the time that Agent’s resignation is effective, it is acting as Issuing Bank, such resignation shall also operate to effectuate its
resignation as Issuing Bank, and it shall automatically be relieved of any further obligation to issue Letters of Credit. If no successor Agent is appointed prior to the effective date of the resignation of Agent, Agent may appoint, after consulting
with Lenders and Lead Borrower, a successor Agent. If Agent has materially breached or failed to perform any material provision of this Agreement or of applicable law, the Required Lenders (excluding Agent) may agree in writing to remove and replace
Agent with a successor Agent from among Lenders with (so long as no Event of Default has occurred and is continuing) the consent of Lead Borrower (such consent not to be unreasonably withheld, delayed, or conditioned). In any such event, upon the
acceptance of its appointment as successor Agent hereunder, such successor Agent shall succeed to all the rights, powers, and duties of the retiring Agent and the term “Agent” shall mean such successor Agent and the retiring Agent’s
appointment, powers, and duties as Agent shall be terminated. After any retiring Agent’s resignation hereunder as Agent, the provisions of this Section 15 shall inure to its benefit as to any actions taken or omitted to be taken by
it while it was Agent under this Agreement. If no successor Agent has accepted appointment as Agent by the date which is thirty (30) days following a retiring Agent’s notice of resignation, the retiring Agent’s resignation shall
nevertheless thereupon become effective and Lenders shall perform all of the duties of Agent hereunder until such time, if any, as Lenders appoint a successor Agent as provided for above. 

15.10 Lender in Individual Capacity. Any Lender and its respective Affiliates may make loans to, issue letters of credit for the
account of, accept deposits from, provide Bank Products to, acquire equity interests in and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with Loan Parties and their Affiliates and any other
Person party to any Loan Documents as though such Lender were not a Lender hereunder without notice to or consent of the other members of the Lender Group (or the Bank Product Providers). The other members of the Lender Group acknowledge (and by
entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that, pursuant to such activities, such Lender and its respective Affiliates may receive information regarding Loan Parties or their or any other
Person party to any Loan Documents that is subject to confidentiality obligations in favor of Loan Parties or such other Person and that prohibit the disclosure of such information to Lenders, and Lenders acknowledge (and by entering into a Bank
Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that, in such circumstances (and in the absence of a waiver of such confidentiality obligations, which waiver such Lender will use its reasonable best efforts to obtain),
such Lender shall not be under any obligation to provide such information to them. 
 15.11 Collateral Matters. 

(a) Lenders hereby irrevocably authorize (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to
authorize) Agent to release any Lien on any Collateral (i) upon the termination of the Commitments and payment and satisfaction in full by Borrower of all of the Obligations, (ii) constituting property being sold or disposed of if a
release is required or desirable in connection therewith and if Borrower certifies to Agent that the sale or disposition is permitted under Section 6.4 (and Agent may rely conclusively on any such certificate, without further inquiry),
(iii) constituting property in which Loan Parties owned no interest at the time Agent’s Lien was granted nor at any time thereafter, (iv) constituting property leased to any Loan Party under a lease that has expired or is

  
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terminated in a transaction permitted under this Agreement, or (v) to the extent the Agent is required to release its Lien on Term Loan Priority Collateral pursuant to the Intercreditor
Agreement. The Loan Parties and Lenders hereby irrevocably authorize (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to authorize) Agent, based upon the instruction of the Required Lenders and if
practicable, following consultation with all Lenders, to (a) consent to, credit bid or purchase (either directly or through one or more acquisition vehicles) all or any portion of the Collateral at any sale thereof conducted under the
provisions of the Bankruptcy Code, including under Section 363 of the Bankruptcy Code or other Insolvency Laws, (b) credit bid or purchase (either directly or through one or more acquisition vehicles) all or any portion of the Collateral
at any sale or other disposition thereof conducted under the provisions of the UCC, including pursuant to Sections 9- 610 or 9-620 of the UCC or other Insolvency Laws, or (c) credit bid or purchase (either directly or through one or more
acquisition vehicles) all or any portion of the Collateral at any other sale or foreclosure conducted by Agent (whether by judicial action or otherwise) in accordance with applicable law. In connection with any such credit bid or purchase, the
Obligations owed to Lenders and the Bank Product Providers shall be entitled to be, and shall be, credit bid on a ratable basis (with Obligations with respect to contingent or unliquidated claims being estimated for such purpose if the fixing or
liquidation thereof would not unduly delay the ability of Agent to credit bid or purchase at such sale or other disposition of the Collateral and, if such claims cannot be estimated without unduly delaying the ability of Agent to credit bid, then
such claims shall be disregarded, not credit bid, and not entitled to any interest in the asset or assets purchased by means of such credit bid) and Lenders and the Bank Product Providers whose Obligations are credit bid shall be entitled to receive
interests (ratably based upon the proportion of their Obligations credit bid in relation to the aggregate amount of Obligations so credit bid) in the asset or assets so purchased (or in the Equity Interests of the acquisition vehicle or vehicles
that are used to consummate such purchase). Except as provided above, Agent will not execute and deliver a release of any Lien on any Collateral without the prior written authorization of (x) if the release is of all or substantially all of the
Collateral, all of Lenders (without requiring the authorization of the Bank Product Providers), or (y) otherwise, the Required Lenders (without requiring the authorization of the Bank Product Providers). Upon request by Agent or Lead Borrower
at any time, Lenders will (and if so requested, the Bank Product Providers will) confirm in writing Agent’s authority to release any such Liens on particular types or items of Collateral pursuant to this Section 15.11;
provided, that, (1) anything to the contrary contained in any Loan Documents notwithstanding, Agent shall not be required to execute any document necessary to evidence such release on terms that, in Agent’s opinion, would
expose Agent to liability or create any obligation or entail any consequence other than the release of such Lien without recourse, representation, or warranty, and (2) such release shall not in any manner discharge, affect, or impair the
Obligations or any Liens (other than those expressly being released) upon (or obligations of Loan Parties in respect of) all interests retained by Loan Parties, including, the proceeds of any sale, all of which shall continue to constitute part of
the Collateral. Each Lender further hereby irrevocably authorizes (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to authorizes) Agent, at its option and in its sole discretion, to subordinate any Lien
granted to or held by Agent under any Loan Document (a) to the holder of any Permitted Lien on such property if such Permitted Lien secures Permitted Purchase Money Indebtedness or, subject to the Intercreditor Agreement, the obligations of
Loan Parties under the Term Loan Documents and (b) to the extent Agent has the authority under this Section 15.11 to release its Lien on such property. 

(b) Agent shall have no obligation whatsoever to any of Lenders (or the Bank Product Providers) to assure that the Collateral exists or is
owned any Loan Party or is cared for, protected, or insured or has been encumbered, or that Agent’s Liens have been properly or sufficiently or lawfully created, perfected, protected, or enforced or are entitled to any particular priority, or
that any particular items of Collateral meet the eligibility criteria applicable in respect thereof or whether to impose, maintain, reduce, or eliminate any particular reserve hereunder or whether the amount of any such reserve is appropriate or
not, or to exercise at all or in any particular manner or under any duty of care, disclosure 

  
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or fidelity, or to continue exercising, any of the rights, authorities and powers granted or available to Agent pursuant to any of the Loan Documents, it being understood and agreed that in
respect of the Collateral, or any act, omission, or event related thereto, subject to the terms and conditions contained herein, Agent may act in any manner it may deem appropriate, in its sole discretion given Agent’s own interest in the
Collateral in its capacity as one of Lenders and that Agent shall have no other duty or liability whatsoever to any Lender (or Bank Product Provider) as to any of the foregoing, except as otherwise provided herein. 

(c) Lenders hereby authorize Agent to enter into the Intercreditor Agreement or other subordination or intercreditor agreement or arrangement
permitted under this Agreement and Lenders acknowledge that any such subordination or intercreditor agreement is binding upon Lenders. 

15.12 Restrictions on Actions by Lenders; Sharing of Payments. 

(a) Each Lender agrees that it shall not, without the express written consent of Agent, and that it shall, to the extent it is lawfully
entitled to do so, upon the written request of Agent, set off against the Obligations, any amounts owing by such Lender to Loan Parties or any deposit accounts of Loan Parties now or hereafter maintained with such Lender. Each Lender further agrees
that it shall not, unless specifically requested to do so in writing by Agent, take or cause to be taken any action, including, the commencement of any legal or equitable proceedings to enforce any Loan Document against any Borrower or any Guarantor
or to foreclose any Lien on, or otherwise enforce any security interest in, any of the Collateral. 
 (b) If, at any time or times any Lender
shall receive (i) by payment, foreclosure, setoff, or otherwise, any proceeds of Collateral or any payments with respect to the Obligations, except for any such proceeds or payments received by such Lender from Agent pursuant to the terms of
this Agreement, or (ii) payments from Agent in excess of such Lender’s Pro Rata Share of all such distributions by Agent, such Lender promptly shall (A) turn the same over to Agent, in kind, and with such endorsements as may be
required to negotiate the same to Agent, or in immediately available funds, as applicable, for the account of all of Lenders and for application to the Obligations in accordance with the applicable provisions of this Agreement, or (B) purchase,
without recourse or warranty, an undivided interest and participation in the Obligations owed to the other Lenders so that such excess payment received shall be applied ratably as among Lenders in accordance with their Pro Rata Shares;
provided, that, to the extent that such excess payment received by the purchasing party is thereafter recovered from it, those purchases of participations shall be rescinded in whole or in part, as applicable, and the applicable
portion of the purchase price paid therefor shall be returned to such purchasing party, but without interest except to the extent that such purchasing party is required to pay interest in connection with the recovery of the excess payment. 

15.13 Agency for Perfection. Agent hereby appoints each other Lender (and each Bank Product Provider) as its agent or trustee
(and each Lender hereby accepts (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to accept) such appointment) for the purpose of perfecting Agent’s Liens in assets which, in accordance with Article 8 or
Article 9, as applicable, of the UCC can be perfected by possession or control. Should any Lender obtain possession or control of any such Collateral, such Lender shall notify Agent thereof, and, promptly upon Agent’s request therefor shall
deliver possession or control of such Collateral to Agent or in accordance with Agent’s instructions. 
 15.14 Payments by Agent
to Lenders. All payments to be made by Agent to Lenders (or Bank Product Providers) shall be made by bank wire transfer of immediately available funds pursuant to such wire transfer instructions as each party may designate for itself by
written notice to Agent. Concurrently with each such payment, Agent shall identify whether such payment (or any portion thereof) represents principal, premium, fees, or interest of the Obligations. 

  
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 15.15 Concerning the Collateral and Related Loan Documents. Each member of the
Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents. Each member of the Lender Group agrees (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to agree) that any
action taken by Agent in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent of its powers set forth therein or herein, together with such other powers that are reasonably
incidental thereto, shall be binding upon all of Lenders (and such Bank Product Provider). 
 15.16 Field Examination Reports;
Confidentiality; Disclaimers by Lenders; Other Reports and Information. By becoming a party to this Agreement, each Lender: 
 (a) is
deemed to have requested that Agent furnish such Lender, promptly after it becomes available, a copy of each field audit or examination report respecting Loan Parties (each, a “Report”) prepared by or at the request of Agent, and
Agent shall so furnish each Lender with such Reports, 
 (b) expressly agrees and acknowledges that Agent does not (i) make any
representation or warranty as to the accuracy of any Report, and (ii) shall not be liable for any information contained in any Report, 

(c) expressly agrees and acknowledges that the Reports are not comprehensive audits or examinations, that Agent or other party performing any
audit or examination will inspect only specific information regarding Loan Parties and will rely significantly upon Loan Parties’ books and records, as well as on representations of Loan Parties’ personnel, 

(d) agrees to keep all Reports and other material, non-public information regarding Loan Parties and their operations, assets, and existing and
contemplated business plans in a confidential manner in accordance with Section 17.9, and 
 (e) without limiting the generality
of any other indemnification provision contained in this Agreement, agrees: (i) to hold Agent and any other Lender preparing a Report harmless from any action the indemnifying Lender may take or fail to take or any conclusion the indemnifying
Lender may reach or draw from any Report in connection with any loans or other credit accommodations that the indemnifying Lender has made or may make to Borrowers, or the indemnifying Lender’s participation in, or the indemnifying
Lender’s purchase of, a loan or loans hereunder, and (ii) to pay and protect, and indemnify, defend and hold Agent, and any such other Lender preparing a Report harmless from and against, the claims, actions, proceedings, damages, costs,
expenses, and other amounts (including, attorneys’ fees and costs) incurred by Agent and any such other Lender preparing a Report as the direct or indirect result of any third parties who might obtain all or part of any Report through the
indemnifying Lender. 
 In addition to the foregoing: (x) any Lender may from time to time request of Agent in writing that Agent provide to such
Lender a copy of any report or document provided by Loan Parties to Agent that has not been contemporaneously provided by Loan Parties to such Lender, and, upon receipt of such request, Agent promptly shall provide a copy of same to such Lender,
(y) to the extent that Agent is entitled, under any provision of the Loan Documents, to request additional reports or information from Loan Parties, any Lender may, from time to time, reasonably request Agent to exercise such right as specified
in such Lender’s notice to Agent, whereupon Agent promptly shall request of Loan Parties the additional reports or information reasonably specified by such Lender, and, upon receipt thereof from Loan Parties, Agent promptly shall provide a copy
of same to such Lender, and (z) any time that Agent renders to Loan Parties a statement regarding the Loan Account, Agent shall send a copy of such statement to each Lender. 

  
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 15.17 Several Obligations; No Liability. Notwithstanding that certain of the
Loan Documents now or hereafter may have been or will be executed only by or in favor of Agent in its capacity as such, and not by or in favor of Lenders, any and all obligations on the part of Agent (if any) to make any credit available hereunder
shall constitute the several (and not joint) obligations of the respective Lenders on a ratable basis, according to their respective Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time outstanding, the
amount of their respective Commitments. Nothing contained herein shall confer upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the business, assets, profits, losses, or liabilities of any other Lender.
Each Lender shall be solely responsible for notifying its Participants of any matters relating to the Loan Documents to the extent any such notice may be required, and no Lender shall have any obligation, duty, or liability to any Participant of any
other Lender. Except as provided in Section 15.7, no member of the Lender Group shall have any liability for the acts of any other member of the Lender Group. No Lender shall be responsible to any Loan Party or any other Person for any
failure by any other Lender (or Bank Product Provider) to fulfill its obligations to make credit available hereunder, nor to advance for such Lender (or Bank Product Provider) or on its behalf, nor to take any other action on behalf of such Lender
(or Bank Product Provider) hereunder or in connection with the financing contemplated herein. 
 15.18 Sole Lead Arranger and Book
Runner. The Sole Lead Arranger and Book Runner, in such capacity, shall not have any right, power, obligation, liability, responsibility, or duty under this Agreement other than those applicable to it in its capacity as a Lender, as Agent,
or as Issuing Bank. Without limiting the foregoing, the Sole Lead Arranger and Book Runner, in such capacity, shall not have or be deemed to have any fiduciary relationship with any Lender or any Loan Party. Each Lender, Agent, Issuing Bank, and
each Loan Party acknowledges that it has not relied, and will not rely, on the Sole Lead Arranger and Book Runner in deciding to enter into this Agreement or in taking or not taking action hereunder. The Sole Lead Arranger and Book Runner, in such
capacity, shall be entitled to resign at any time by giving notice to Agent and Borrowers. 
 16. TAX MATTERS. 

16.1 Payments. All payments made by any Loan Party under any Loan Document will be made free and clear of, and without deduction
or withholding for, any Taxes, except as otherwise required by applicable law, and in the event any deduction or withholding of Taxes is required, the applicable Loan Party shall make the requisite withholding, promptly pay over to the applicable
Governmental Authority the withheld tax, and furnish to Agent as promptly as possible after the date the payment of any such Tax is due pursuant to applicable law, certified copies of tax receipts evidencing such payment by the Loan Parties.
Furthermore, if any such Tax is an Indemnified Tax, the sum payable by the applicable Loan Party shall be increased as necessary so that after such deduction or withholding has been made, including such deductions and withholdings applicable to
additional sums payable under this Section 16.1, the applicable recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. The Loan Parties will promptly pay any Other Taxes or
reimburse Agent for such Other Taxes upon Agent’s demand. The Loan Parties shall jointly and severally indemnify each Indemnified Person (as defined in Section 10.3) (collectively a “Tax Indemnitee”) for the full
amount of Indemnified Taxes arising in connection with this Agreement or any other Loan Document or breach thereof by any Loan Party (including, without limitation, any Indemnified Taxes imposed or asserted on, or attributable to, amounts payable
under this Section 16.1) imposed on, or paid by, such Tax Indemnitee and all reasonable, documented out-of-pocket costs and expenses related thereto (including reasonable fees and disbursements of attorneys and other tax professionals),
as and when they are incurred and irrespective of whether suit is brought, whether or not such Indemnified Taxes were 

  
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correctly or legally imposed or asserted by the relevant Governmental Authority (other than Indemnified Taxes and additional amounts that a court of competent jurisdiction finally determines to
have resulted from the gross negligence or willful misconduct of such Tax Indemnitee). The obligations of the Parties under this Section 16 shall survive the termination of this Agreement, the resignation and replacement of the Agent, and the
repayment of the Obligations. 
 16.2 Exemptions. 

(a) If a Lender or Participant is entitled to claim an exemption or reduction from United States withholding tax, such Lender or Participant
agrees with and in favor of Agent, to deliver to Agent (or, in the case of a Participant, to the Lender granting the participation only) and the Administrative Borrower on behalf of all Borrowers one of the following before receiving its first
payment under this Agreement: 
 (i) if such Lender or Participant is entitled to claim an exemption from United States withholding tax
pursuant to the portfolio interest exception, (A) a statement of the Lender or Participant, signed under penalty of perjury, that it is not a (I) a “bank” as described in Section 881(c)(3)(A) of the IRC, (II) a 10%
shareholder of Administrative Borrower (within the meaning of Section 871(h)(3)(B) of the IRC), or (III) a controlled foreign corporation related to Borrowers within the meaning of Section 864(d)(4) of the IRC, and (B) a properly
completed and executed IRS Form W-8BEN, Form W-8BEN-E or Form W-8IMY (with proper attachments as applicable); 
 (ii) if such Lender or
Participant is entitled to claim an exemption from, or a reduction of, withholding tax under a United States tax treaty, a properly completed and executed copy of IRS Form W-8BEN or Form W-8BEN-E, as applicable; 

(iii) if such Lender or Participant is entitled to claim that interest paid under this Agreement is exempt from United States withholding tax
because it is effectively connected with a United States trade or business of such Lender or Participant, a properly completed and executed copy of IRS Form W-8ECI; 

(iv) if such Lender or Participant is entitled to claim that interest paid under this Agreement is exempt from United States withholding tax
because such Lender or Participant serves as an intermediary, a properly completed and executed copy of IRS Form W-8IMY (including a withholding statement and copies of the tax certification documentation for its beneficial owner(s) of the income
paid to the intermediary, if required based on its status provided on the Form W-8IMY); or 
 (v) a properly completed and executed copy of
any other form or forms, including IRS Form W-9, as may be required under the IRC or other laws of the United States as a condition to exemption from, or reduction of, United States withholding or backup withholding tax including any supplementary
documentation as may be prescribed by applicable law. 
 (b) Each Lender or Participant shall provide new forms (or successor forms) upon the
expiration or obsolescence of any previously delivered forms and to promptly notify Agent and Administrative Borrower (or, in the case of a Participant, to the Lender granting the participation only) of any change in circumstances which would modify
or render invalid any claimed exemption or reduction. 
 (c) If a Lender or Participant claims an exemption from withholding tax in a
jurisdiction other than the United States, such Lender or such Participant agrees with and in favor of Agent and Borrowers, to deliver to Agent and Administrative Borrower (or, in the case of a Participant, to the Lender granting the participation
only) any such form or forms, as may be required under the laws of such 

  
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jurisdiction as a condition to exemption from, or reduction of, foreign withholding or backup withholding tax before receiving its first payment under this Agreement, but only if such Lender or
such Participant is legally able to deliver such forms, or the providing of or delivery of such forms in the Lender’s reasonable judgment would not subject such Lender to any material unreimbursed cost or expense or materially prejudice the
legal or commercial position of such Lender (or its Affiliates); provided, further, that nothing in this Section 16.2(c) shall require a Lender or Participant to disclose any information that it deems to be confidential (including
without limitation, its tax returns). Each Lender and each Participant shall provide new forms (or successor forms) upon the expiration or obsolescence of any previously delivered forms and to promptly notify Agent and Administrative Borrower (or,
in the case of a Participant, to the Lender granting the participation only) of any change in circumstances which would modify or render invalid any claimed exemption or reduction. 

(d) If a Lender or Participant claims exemption from, or reduction of, withholding tax and such Lender or Participant sells, assigns, grants a
participation in, or otherwise transfers all or part of the Obligations of Borrowers to such Lender or Participant, such Lender or Participant agrees to notify Agent and Administrative Borrower (or, in the case of a sale of a participation interest,
to the Lender granting the participation only) of the percentage amount in which it is no longer the beneficial owner of Obligations of Borrowers to such Lender or Participant. To the extent of such percentage amount, Agent and Administrative
Borrower will treat such Lender’s or such Participant’s documentation provided pursuant to Section 16.2(a) or 16.2(c) as no longer valid. With respect to such percentage amount, such Participant or Assignee may provide
new documentation, pursuant to Section 16.2(a) or 16.2(c), if applicable. Borrowers agree that each Participant shall be entitled to the benefits of this Section 16 with respect to its participation in any portion of the
Commitments and the Obligations so long as such Participant complies with the obligations set forth in this Section 16 with respect thereto. 

(e) If a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding tax imposed by FATCA if such Lender were
to fail to comply with the applicable due diligence and reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the IRC, as applicable), such Lender shall deliver to Agent (or, in the case of a Participant,
to the Lender granting the participation only) at the time or times prescribed by law and at such time or times reasonably requested by Agent (or, in the case of a Participant, the Lender granting the participation) such documentation prescribed by
applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the IRC) and such additional documentation reasonably requested by Agent (or, in the case of a Participant, the Lender granting the participation) as may be necessary for
Agent or Borrowers to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes
of this clause (e), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 
 16.3
Reductions. 
 (a) If a Lender or a Participant is subject to an applicable withholding tax, Agent (or, in the case of a
Participant, the Lender granting the participation) may withhold from any payment to such Lender or such Participant an amount equivalent to the applicable withholding tax. If the forms or other documentation required by Section 16.2(a)
or 16.2(c) are not delivered to Agent (or, in the case of a Participant, to the Lender granting the participation), then Agent (or, in the case of a Participant, to the Lender granting the participation) may withhold from any payment to such
Lender or such Participant not providing such forms or other documentation an amount equivalent to the applicable withholding tax. 

  
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 (b) If the IRS or any other Governmental Authority of the United States or other
jurisdiction asserts a claim that Agent (or, in the case of a Participant, to the Lender granting the participation) did not properly withhold tax from amounts paid to or for the account of any Lender or any Participant due to a failure on the part
of the Lender or any Participant (because the appropriate form was not delivered, was not properly executed, or because such Lender failed to notify Agent (or such Participant failed to notify the Lender granting the participation) of a change in
circumstances which rendered the exemption from, or reduction of, withholding tax ineffective, or for any other reason) such Lender shall indemnify and hold Agent harmless (or, in the case of a Participant, such Participant shall indemnify and hold
the Lender granting the participation harmless) for all amounts paid, directly or indirectly, by Agent (or, in the case of a Participant, to the Lender granting the participation), as tax or otherwise, including penalties and interest, and including
any taxes imposed by any jurisdiction on the amounts payable to Agent (or, in the case of a Participant, to the Lender granting the participation only) under this Section 16, together with all costs and expenses (including
attorneys’ fees and expenses). The obligation of the Lenders and the Participants under this subsection shall survive the payment of all Obligations and the resignation or replacement of Agent. 

16.4 Refunds. If Agent or a Lender determines, in its sole discretion exercised in good faith, that it has received a refund of
any Indemnified Taxes to which the Loan Parties have paid additional amounts pursuant to this Section 16, so long as no Default or Event of Default has occurred and is continuing, it shall pay over such refund to the Administrative
Borrower on behalf of the Loan Parties (but only to the extent of payments made, or additional amounts paid, by the Loan Parties under this Section 16 with respect to Indemnified Taxes giving rise to such a refund), net of all
out-of-pocket expenses of Agent or such Lender and without interest (other than any interest paid by the applicable Governmental Authority with respect to such a refund); provided, that, the Loan Parties, upon the request of Agent or
such Lender, agrees to repay the amount paid over to the Loan Parties (plus any penalties, interest or other charges, imposed by the applicable Governmental Authority, other than such penalties, interest or other charges imposed as a result of the
willful misconduct or gross negligence of Agent or Lender hereunder as finally determined by a court of competent jurisdiction) to Agent or such Lender in the event Agent or such Lender is required to repay such refund to such Governmental
Authority. Notwithstanding anything in this Agreement to the contrary, this Section 16 shall not be construed to require Agent or any Lender to make available its tax returns (or any other information which it deems confidential) to Loan
Parties or any other Person or require Agent or any Lender to pay any amount to an indemnifying party pursuant to Section 16.4, the payment of which would place Agent or such Lender (or their Affiliates) in a less favorable net after-Tax
position than such Person would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax
had never been paid. 
 17. GENERAL PROVISIONS. 

17.1 Effectiveness. This Agreement shall be binding and deemed effective when executed by the applicable Loan Parties, Agent, and
each Lender whose signature is provided for on the signature pages hereof. 
 17.2 Section Headings. Headings and numbers have
been set forth herein for convenience only. Unless the contrary is compelled by the context, everything contained in each Section applies equally to this entire Agreement. 

17.3 Interpretation. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed against the Lender Group
or any Borrower, whether under any rule of construction or otherwise. On the contrary, this Agreement has been reviewed by all parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to accomplish
fairly the purposes and intentions of all parties hereto. 

  
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 17.4 Severability of Provisions. Each provision of this Agreement shall be
severable from every other provision of this Agreement for the purpose of determining the legal enforceability of any specific provision. 

17.5 Bank Product Providers. Each Bank Product Provider shall be deemed a third party beneficiary hereof and of the provisions of
the other Loan Documents for purposes of any reference in a Loan Document to the parties for whom Agent is acting. Agent hereby agrees to act as agent for such Bank Product Providers and, by virtue of entering into a Bank Product Agreement, the
applicable Bank Product Provider shall be automatically deemed to have appointed Agent as its agent and to have accepted the benefits of the Loan Documents; it being understood and agreed that the rights and benefits of each Bank Product Provider
under the Loan Documents consist exclusively of such Bank Product Provider’s being a beneficiary of the Liens and security interests (and, if applicable, guarantees) granted to Agent and the right to share in payments and collections out of the
Collateral as more fully set forth herein. In addition, each Bank Product Provider, by virtue of entering into a Bank Product Agreement, shall be automatically deemed to have agreed that Agent shall have the right, but shall have no obligation, to
establish, maintain, relax, or release reserves in respect of the Bank Product Obligations and that if reserves are established there is no obligation on the part of Agent to determine or insure whether the amount of any such reserve is appropriate
or not. In connection with any such distribution of payments or proceeds of Collateral, Agent shall be entitled to assume no amounts are due or owing to any Bank Product Provider unless such Bank Product Provider has provided a written certification
(setting forth a reasonably detailed calculation) to Agent as to the amounts that are due and owing to it and such written certification is received by Agent a reasonable period of time prior to the making of such distribution. Agent shall have no
obligation to calculate the amount due and payable with respect to any Bank Products, but may rely upon the written certification of the amount due and payable from the relevant Bank Product Provider. In the absence of an updated certification,
Agent shall be entitled to assume that the amount due and payable to the relevant Bank Product Provider is the amount last certified to Agent by such Bank Product Provider as being due and payable (less any distributions made to such Bank Product
Provider on account thereof). Borrower may obtain Bank Products from any Bank Product Provider, although Borrower is not required to do so. Borrower acknowledges and agrees that no Bank Product Provider has committed to provide any Bank Products and
that the providing of Bank Products by any Bank Product Provider is in the sole and absolute discretion of such Bank Product Provider. Notwithstanding anything to the contrary in this Agreement or any other Loan Document, no provider or holder of
any Bank Product shall have any voting or approval rights hereunder (or be deemed a Lender) solely by virtue of its status as the provider or holder of such agreements or products or the Obligations owing thereunder, nor shall the consent of any
such provider or holder be required (other than in their capacities as Lenders, to the extent applicable) for any matter hereunder or under any of the other Loan Documents, including as to any matter relating to the Collateral or the release of
Collateral or Guarantors. 
 17.6 Debtor-Creditor Relationship. The relationship between Lenders and Agent, on the one hand,
and the Loan Parties, on the other hand, is solely that of creditor and debtor. No member of the Lender Group has (or shall be deemed to have) any fiduciary relationship or duty to any Loan Party arising out of or in connection with the Loan
Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between the members of the Lender Group, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or any
transaction contemplated therein. 
 17.7 Counterparts; Electronic Execution. This Agreement may be executed in any number of
counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Agreement. Delivery of an
executed counterpart of this Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed 

  
 113 

 
counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed
counterpart of this Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Agreement. The foregoing shall apply to each other Loan Document mutatis mutandis.

 17.8 Revival and Reinstatement of Obligations. If the incurrence or payment of the Obligations by any Borrower or Guarantor
or the transfer to the Lender Group of any property should for any reason subsequently be asserted, or declared, to be void or voidable under any state or federal law relating to creditors’ rights, including provisions of the Bankruptcy Code
relating to fraudulent conveyances, preferences, or other voidable or recoverable payments of money or transfers of property (each, a “Voidable Transfer”), and if the Lender Group is required to repay or restore, in whole or in
part, any such Voidable Transfer, or elects to do so upon the advice of counsel, then, as to any such Voidable Transfer, or the amount thereof that the Lender Group is required or elects to repay or restore, and as to all reasonable costs, expenses,
and attorneys’ fees of the Lender Group related thereto, the liability of such Borrower or Guarantor automatically shall be revived, reinstated, and restored and shall exist as though such Voidable Transfer had never been made. This provision
shall survive the termination of this Agreement and the repayment in full of the Obligations. 
 17.9 Confidentiality.

 (a) Agent and Lenders each individually (and not jointly or jointly and severally) agree that material, non-public information
regarding each Loan Party and its Subsidiaries, their operations, assets, and existing and contemplated business plans (“Confidential Information”) shall be treated by Agent and Lenders in a confidential manner, and shall not be
disclosed by Agent and Lenders to Persons who are not parties to this Agreement, except: (i) to attorneys for and other advisors, accountants, auditors, and consultants to any member of the Lender Group and to employees, directors and officers
of any member of the Lender Group (the Persons in this clause (i), “Lender Group Representatives”) on a “need to know” basis in connection with this Agreement and the transactions contemplated hereby and on a confidential
basis, (ii) to Subsidiaries and Affiliates of any member of the Lender Group (including the Bank Product Providers), provided that any such Subsidiary or Affiliate shall have agreed to receive such information hereunder subject to the terms of
this Section 17.9, (iii) as may be required by regulatory authorities so long as such authorities are informed of the confidential nature of such information, (iv) as may be required by statute, decision, or judicial or
administrative order, rule, or regulation; provided, that, (x) prior to any disclosure under this clause (iv), the disclosing party agrees to provide Lead Borrower with prior notice thereof, to the extent that it is practicable to
do so and to the extent that the disclosing party is permitted to provide such prior notice to Lead Borrower pursuant to the terms of the applicable statute, decision, or judicial or administrative order, rule, or regulation, and (y) any
disclosure under this clause (iv) shall be limited to the portion of the Confidential Information as may be required by such statute, decision, or judicial or administrative order, rule, or regulation, (v) as may be agreed to in advance in
writing by Lead Borrower, (vi) as requested or required by any Governmental Authority pursuant to any subpoena or other legal process, provided, that, (x) prior to any disclosure under this clause (vi) the disclosing party agrees to
provide Lead Borrower with prior written notice thereof, to the extent that it is practicable to do so and to the extent that the disclosing party is permitted to provide such prior written notice to Lead Borrower pursuant to the terms of the
subpoena or other legal process, and (y) any disclosure under this clause (vi) shall be limited to the portion of the Confidential Information as may be required by such Governmental Authority pursuant to such subpoena or other legal
process, (vii) as to any such information that is or becomes generally available to the public (other than as a result of prohibited disclosure by Agent or Lenders or the Lender Group Representatives), (viii) in connection with any
assignment, participation or pledge of any Lender’s interest under this Agreement, provided that prior to receipt of Confidential Information any such assignee, participant, or pledgee shall have agreed in writing

  
 114 

 
to receive such Confidential Information hereunder subject to the terms of this Section, (ix) in connection with any litigation or other adversary proceeding involving parties hereto which
such litigation or adversary proceeding involves claims related to the rights or duties of such parties under this Agreement or the other Loan Documents; provided, that, prior to any disclosure to any Person (other than any Loan Party,
Agent, any Lender, any of their respective Affiliates, or their respective counsel) under this clause (ix) with respect to litigation involving any Person (other than Loan Parties, Agent, any Lender, any of their respective Affiliates, or their
respective counsel), the disclosing party agrees to provide Lead Borrower with prior written notice thereof, and (x) in connection with, and to the extent reasonably necessary for, the exercise of any secured creditor remedy under this
Agreement or under any other Loan Document. 
 (b) Anything in this Agreement to the contrary notwithstanding, Agent may (i) only after
consulting with the Lead Borrower, provide customary information concerning the terms and conditions of this Agreement and the other Loan Documents to loan syndication and pricing reporting services, and (ii) only after consulting with the Lead
Borrower, use the name, logos, and other insignia of Borrowers and the Loan Parties and the Commitments provided hereunder in any “tombstone” or comparable advertising, on its website or in other marketing materials of Agent. 

17.10 Lender Group Expenses. Borrowers agree to pay the Lender Group Expenses on the earlier of (a) the first day of the
month following the date on which such Lender Group Expenses were first incurred, or (b) the date on which demand therefor is made by Agent. Borrowers agree that its obligations contained in this Section 17.10 shall survive payment
or satisfaction in full of all other Obligations. 
 17.11 Survival. All representations and warranties made by the Loan
Parties in the Loan Documents and in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the other parties hereto and shall
survive the execution and delivery of the Loan Documents and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such other party or on its behalf and notwithstanding that Agent, Issuing Bank,
or any Lender may have had notice or knowledge of any Default or Event of Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal of or any
accrued interest on any Loan or any fee or any other amount payable under this Agreement is outstanding and unpaid or any Letter of Credit (unless Collateralized) is outstanding and so long as the Commitments have not expired or terminated. 

17.12 Patriot Act. Each Lender that is subject to the requirements of the Patriot Act hereby notifies the Loan Parties that
pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record information that identifies each Loan Party, which information includes the name and address of each Loan Party and other information that will allow such
Lender to identify each Loan Party in accordance with the Patriot Act. In addition, Agent and each Lender shall have the right to periodically conduct due diligence on all Loan Parties, their senior management and key principals and legal and
beneficial owners. Each Loan Party agrees to cooperate in respect of the conduct of such due diligence and further agrees that the reasonable costs and charges for any such due diligence by Agent shall constitute Lender Group Expenses hereunder and
be for the account of Borrowers. 
 17.13 Integration. This Agreement, together with the other Loan Documents, reflects the
entire understanding of the parties with respect to the transactions contemplated hereby and shall not be contradicted or qualified by any other agreement, oral or written, before the date hereof. The foregoing to the contrary notwithstanding, all
Bank Product Agreements, if any, are independent agreements governed by the written provisions of such Bank Product Agreements, which will remain in full force and effect, unaffected by any repayment, prepayments, acceleration, reduction, increase,
or change in the terms of any credit extended hereunder, except as otherwise expressly provided in such Bank Product Agreement. 

  
 115 

 17.14 Keepwell. Each Qualified ECP Guarantor party hereto hereby jointly and
severally (i) absolutely, unconditionally and irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to guaranty and otherwise honor all Obligations in respect of Swap
Obligations (provided, however, that each Qualified ECP Guarantor shall only be liable under this Section 17.14 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under
this Section 17.14, or otherwise under the Loan Documents, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount). The obligations of each Qualified ECP Guarantor under
this Section 17.14 shall remain in full force and effect until payment in full of the Obligations. Each Qualified ECP Guarantor intends that this Section 17.14 constitute, and this Section 17.14 shall be deemed to
constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(17)(A)(v)(II) of the Commodity Exchange Act. 

17.15 Judgment Currency. If, for the purposes of obtaining judgment in any court, it is necessary to convert a sum due hereunder
or any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures Agent could purchase the first currency with such other currency on the Business Day
preceding that on which final judgment is given. The obligation of each Borrower in respect of any such sum due from it to Agent or any Lender hereunder or under the other Loan Documents shall, notwithstanding any judgment in a currency (the
“Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement Currency”), be discharged only to the extent that on the Business
Day following receipt by Agent or such Lender, as the case may be, of any sum adjudged to be so due in the Judgment Currency, Agent or such Lender, as the case may be, may in accordance with normal banking procedures purchase the Agreement Currency
with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to Agent or any Lender from any Borrower in the Agreement Currency, such Borrower agrees, as a separate obligation and
notwithstanding any such judgment, to indemnify Agent or such Lender, as the case may be, against such loss. If the amount of the Agreement Currency so purchased is greater than the sum originally due to Agent or any Lender in such currency, Agent
or such Lender, as the case may be, agrees to return the amount of any excess to such Borrower (or to any other Person who may be entitled thereto under applicable law). 

17.16 Parent as Administrative Agent for Borrowers. Each Loan Party hereby irrevocably appoints Parent as the borrowing agent and
attorney-in-fact for all Loan Parties (“Administrative Borrower”) which appointment shall remain in full force and effect unless and until Agent shall have received prior written notice signed by each Loan Party that such
appointment has been revoked and that another Loan Party has been appointed Administrative Borrower (which appointment is subject to the approval of Agent not to be unreasonably withheld). Each Loan Party hereby irrevocably appoints and authorizes
Administrative Borrower (a) to provide Agent with all notices with respect to Loans and Letters of Credit obtained for the benefit of any Borrower and all other notices and instructions under this Agreement and the other Loan Documents (and any
notice or instruction provided by Administrative Borrower shall be deemed to be given by the Loan Parties hereunder and shall bind each Loan Party), (b) to receive notices and instructions from members of the Lender Group (and any notice or
instruction provided by any member of the Lender Group to Administrative Borrower in accordance with the terms hereof shall be deemed to have been given to each Loan Party), and (c) to take such action as Administrative Borrower deems
appropriate on its behalf to obtain Loans and Letters of Credit and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement. It is understood that the handling of the Loan Account and Collateral
in a combined fashion, 

  
 116 

 
as more fully set forth herein, is done solely as an accommodation to the Loan Parties in order to utilize the collective borrowing powers of Borrowers in the most efficient and economical manner
and at their request, and that Lender Group shall not incur liability to any Loan Party as a result hereof. Each Loan Party expects to derive benefit, directly or indirectly, from the handling of the Loan Accounts and the Collateral in a combined
fashion since the successful operation of each Loan Party is dependent on the continued successful performance of the integrated group. To induce the Lender Group to do so, and in consideration thereof, each Loan Party hereby jointly and severally
agrees to indemnify each member of the Lender Group and hold each member of the Lender Group harmless against any and all liability, expense, loss or claim of damage or injury, made against the Lender Group by any Loan Party or by any third party
whosoever, arising from or incurred by reason of (i) the handling of the Loan Accounts and Collateral of Loan Parties as herein provided, or (ii) the Lender Group’s relying on any instructions of Lead Borrower, except that Loan
Parties will have no liability to the relevant Agent-Related Person or Lender-Related Person under this Section 17.16 with respect to any liability that has been finally determined by a court of competent jurisdiction to have resulted
solely from the gross negligence, bad faith or willful misconduct of such Agent-Related Person or Lender-Related Person, as the case may be. 

17.17 “Know Your Customer” Checks. Without limiting any other provision set forth in this Agreement: 

(a) If (i) the introduction of or any change in (or in the interpretation, administration or application of) any law or regulation made
after the date of this Agreement; (ii) any change in the status of any Loan Party after the date of this Agreement; or (iii) a proposed assignment or transfer by a Lender of any of its rights and obligations under this Agreement to a party
that is not a Lender prior to such assignment or transfer, obliges Agent or any Lender (or, in the case of clause (iii) above, any prospective new Lender) to comply with “know your customer” or similar identification procedures in
circumstances where the necessary information is not already available to it, each Loan Party shall promptly upon the request of Agent or any Lender supply, or procure the supply of, such documentation and other evidence as is reasonably requested
by Agent (for itself or on behalf of any Lender) or any Lender (for itself or, in the case of the event described in clause (iii) above, on behalf of any prospective new Lender) in order for Agent, such Lender or, in the case of the event
described in clause (iii) above, any prospective new Lender to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all applicable laws and regulations pursuant to the
transactions contemplated in the Loan Documents. 
 (b) Each Lender shall promptly upon the request of Agent supply, or procure the supply
of, such documentation and other evidence as is reasonably requested by Agent (for itself) in order for Agent to carry out and be satisfied it has complied with all necessary “know your customer” or other similar checks under all
applicable laws and regulations pursuant to the transactions contemplated in the Loan Documents. 
 17.18 Acknowledgment and Consent to
Bail-In of EEA Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA
Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be
bound by: 
 (a) the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising
hereunder which may be payable to it by any party hereto that is an EEA Financial Institution; and 

  
 117 

 (b) the effects of any Bail-In Action on any such liability, including, if applicable: 

(i) a reduction in full or in part or cancellation of any such liability; 

(ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial Institution, its
parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under this
Agreement or any other Loan Document; or 
 (iii) the variation of the terms of such liability in connection with the exercise of the
Write-Down and Conversion Powers of any EEA Resolution Authority. 
 17.19 Conflicts with Intercreditor Agreement. In the event
of any conflict between the terms of the Intercreditor Agreement and the terms of any other Loan Documents, the terms of the Intercreditor Agreement shall control. 

[Signature pages to follow.] 

  
 118 

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

			
	INDEPENDENCE CONTRACT DRILLING, INC.
		
	By:	 	 /s/ Philip A. Choyce

	Name: Philip A. Choyce
	Title: Executive Vice President, Chief
		 	  Financial Officer, Treasurer and Secretary
	
	PATRIOT SARATOGA MERGER SUB, LLC, as effective prior to the Merger
		
	By:	 	 /s/ Philip A. Choyce 

	Name: Philip A. Choyce
	Title: President and Secretary
	
	ICD OPERATING LLC, as successor in interest to Patriot Saratoga Merger Sub, LLC and as effective following consummation of the Merger
		
	By:	 	 /s/ Philip A. Choyce 

	Name: Philip A. Choyce
	Title: President and Secretary

					
	AGENT, LENDER,	 		 	
	AND ISSUING BANK:	 		 	WELLS FARGO BANK, NATIONAL ASSOCIATION
			
		 		 	By: /s/ Michael J.
Matranga                                        
    
		 		 	Name: Michael J. Matranga
		 		 	Title: Authorized SignatoryEX-10.3

 Exhibit 10.3 
  

 
  

CREDIT AGREEMENT 
 by and
among 
 INDEPENDENCE CONTRACT DRILLING, INC., and 

PATRIOT SARATOGA MERGER SUB, LLC, 

each as an initial Borrower, 
 and
following the consummation of the Merger, 
 INDEPENDENCE CONTRACT DRILLING, INC., and 

ICD OPERATING LLC, 
 each as
a Borrower, 
 and 
 THE
LENDERS FROM TIME TO TIME PARTY HERETO 
 and 

U.S. BANK NATIONAL ASSOCIATION, 

as Agent 
 Dated as of
October 1, 2018 
  
  

 

 TABLE OF CONTENTS 

 

									
	 	 	 	  	PAGE	 
	 1.
	 	 DEFINITIONS AND CONSTRUCTION
	  	 	1	 
				
		 	 1.1
	 	 Definitions
	  	 	1	 
		 	 1.2
	 	 Accounting Terms
	  	 	41	 
		 	 1.3
	 	 Code
	  	 	41	 
		 	 1.4
	 	 Construction
	  	 	41	 
		 	 1.5
	 	 Time References
	  	 	42	 
		 	 1.6
	 	 Schedules and Exhibits
	  	 	42	 
		 	 1.7
	 	 Pro Forma Calculation
	  	 	42	 
			
	 2.
	 	 THE LOANS AND TERMS OF PAYMENT
	  	 	43	 
				
		 	 2.1
	 	 The Loans
	  	 	43	 
		 	 2.2
	 	 Payments; Prepayments
	  	 	44	 
		 	 2.3
	 	 Promise to Pay; Promissory Notes
	  	 	48	 
		 	 2.4
	 	 Interest Rates, Payments, and Calculations
	  	 	48	 
		 	 2.5
	 	 Crediting Payments
	  	 	49	 
		 	 2.6
	 	 Maintenance of Loan Account; Statements of Obligations
	  	 	49	 
		 	 2.7
	 	 Fees
	  	 	50	 
		 	 2.8
	 	 LIBOR Option
	  	 	50	 
		 	 2.9
	 	 Capital Requirements
	  	 	53	 
		 	 2.10
	 	 Joint and Several Liability of Borrowers
	  	 	54	 
			
	 3.
	 	 CONDITIONS; TERM OF AGREEMENT
	  	 	57	 
				
		 	 3.1
	 	 Conditions Precedent to the Extension of Credit
	  	 	57	 
		 	 3.2
	 	 Conditions Precedent to Delayed Draw Term Loans
	  	 	57	 
		 	 3.3
	 	 Effect of Maturity
	  	 	58	 
			
	 4.
	 	 REPRESENTATIONS AND WARRANTIES
	  	 	58	 
				
		 	 4.1
	 	 Due Organization and Qualification; Subsidiaries
	  	 	59	 
		 	 4.2
	 	 Due Authorization; No Conflict
	  	 	59	 
		 	 4.3
	 	 Governmental Consents
	  	 	60	 
		 	 4.4
	 	 Binding Obligations; Perfected Liens
	  	 	60	 
		 	 4.5
	 	 Title to Assets; No Encumbrances
	  	 	60	 
		 	 4.6
	 	 Litigation
	  	 	61	 
		 	 4.7
	 	 Compliance with Laws
	  	 	61	 
		 	 4.8
	 	 No Material Adverse Effect
	  	 	61	 
		 	 4.9
	 	 Solvency
	  	 	61	 
		 	 4.10
	 	 Employee Benefits
	  	 	61	 
		 	 4.11
	 	 Environmental Condition
	  	 	62	 
		 	 4.12
	 	 Complete Disclosure
	  	 	63	 
		 	 4.13
	 	 Patriot Act
	  	 	63	 
		 	 4.14
	 	 Indebtedness
	  	 	63	 
		 	 4.15
	 	 Payment of Taxes
	  	 	63	 
		 	 4.16
	 	 Margin Stock
	  	 	64	 
		 	 4.17
	 	 Governmental Regulation
	  	 	64	 
		 	 4.18
	 	 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws
	  	 	64	 
		 	 4.19
	 	 Employee and Labor Matters
	  	 	64	 

  

 TABLE OF CONTENTS 

(Continued) 
  

									
	 	 	 	 	 	  	PAGE	 
		 	4.20	 	 Leases
	  	 	65	 
		 	4.21	 	 Location of Inventory
	  	 	65	 
		 	4.22	 	 Inventory Records
	  	 	65	 
		 	4.23	 	 Material Contracts
	  	 	65	 
		 	4.24	 	 ABL Documents
	  	 	65	 
			
	 5.
	 	 AFFIRMATIVE COVENANTS
	  	 	65	 
				
		 	 5.1
	 	 Financial Statements, Reports, Certificates
	  	 	66	 
		 	 5.2
	 	 Reporting
	  	 	66	 
		 	 5.3
	 	 Existence
	  	 	66	 
		 	 5.4
	 	 Maintenance of Properties
	  	 	66	 
		 	 5.5
	 	 Taxes
	  	 	66	 
		 	 5.6
	 	 Insurance
	  	 	66	 
		 	 5.7
	 	 Inspection
	  	 	67	 
		 	 5.8
	 	 Compliance with Laws
	  	 	67	 
		 	 5.9
	 	 Environmental
	  	 	67	 
		 	 5.10
	 	 Formation of Subsidiaries
	  	 	68	 
		 	 5.11
	 	 Further Assurances; ABL Credit Enhancements
	  	 	69	 
		 	 5.12
	 	 Compliance with ERISA and the IRC
	  	 	69	 
		 	 5.13
	 	 Location of Inventory; Chief Executive Office
	  	 	70	 
		 	 5.14
	 	 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws
	  	 	70	 
		 	 5.15
	 	 Post-Closing Covenant
	  	 	70	 
			
	 6.
	 	 NEGATIVE COVENANTS
	  	 	71	 
				
		 	 6.1
	 	 Indebtedness
	  	 	71	 
		 	 6.2
	 	 Liens
	  	 	71	 
		 	 6.3
	 	 Restrictions on Fundamental Changes
	  	 	71	 
		 	 6.4
	 	 Disposal of Assets
	  	 	72	 
		 	 6.5
	 	 Nature of Business
	  	 	72	 
		 	 6.6
	 	 Prepayments and Amendments
	  	 	72	 
		 	 6.7
	 	 Restricted Payments
	  	 	73	 
		 	 6.8
	 	 Accounting Methods
	  	 	73	 
		 	 6.9
	 	 Investments
	  	 	73	 
		 	 6.10
	 	 Transactions with Affiliates
	  	 	73	 
		 	 6.11
	 	 Use of Proceeds
	  	 	74	 
		 	 6.12
	 	 Limitation on Issuance of Equity Interests
	  	 	75	 
		 	 6.13
	 	 Burdensome Agreements
	  	 	75	 
		 	 6.14
	 	 Employee Benefits
	  	 	75	 
			
	 7.
	 	 FINANCIAL COVENANTS
	  	 	76	 
				
		 	 7.1
	 	 Liquidity
	  	 	76	 
		 	 7.2
	 	 Fixed Charge Coverage Ratio
	  	 	76	 
			
	 8.
	 	 EVENTS OF DEFAULT
	  	 	76	 
				
		 	8.1	 	 Payments
	  	 	76	 
		 	8.2	 	 Covenants
	  	 	76	 

  
 ii 

 TABLE OF CONTENTS 

(Continued) 
  

											
	 	 	 	 	  	 	  	PAGE	 
		 	 	8.3	 	  	 Judgments
	  	 	77	 
		 	 	8.4	 	  	 Voluntary Bankruptcy, etc.
	  	 	77	 
		 	 	8.5	 	  	 Involuntary Bankruptcy, etc.
	  	 	77	 
		 	 	8.6	 	  	 Default Under Other Agreements
	  	 	77	 
		 	 	8.7	 	  	 Representations, etc.
	  	 	78	 
		 	 	8.8	 	  	 Guaranty
	  	 	78	 
		 	 	8.9	 	  	 Security Documents
	  	 	78	 
		 	 	8.10	 	  	 Loan Documents
	  	 	78	 
		 	 	8.11	 	  	 Change of Control
	  	 	78	 
		 	 	8.12	 	  	 ERISA
	  	 	78	 
		 	 	8.13	 	  	 Intercreditor Agreement
	  	 	79	 
			
	 9.
	 	 	 RIGHTS AND REMEDIES
	  	 	79	 
				
		 	 	9.1	 	  	 Rights and Remedies
	  	 	79	 
		 	 	9.2	 	  	 Remedies Cumulative
	  	 	79	 
			
	 10.
	 	 	 WAIVERS; INDEMNIFICATION
	  	 	79	 
				
		 	 	10.1	 	  	 Demand; Protest; etc.
	  	 	79	 
		 	 	10.2	 	  	 The Lender Group’s Liability for Collateral
	  	 	80	 
		 	 	10.3	 	  	 Indemnification
	  	 	80	 
			
	 11.
	 	 	 NOTICES
	  	 	81	 
			
	 12.
	 	 	 CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER
	  	 	82	 
			
	 13.
	 	 	 ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS
	  	 	84	 
				
		 	 	13.1	 	  	 Assignments and Participations
	  	 	84	 
		 	 	13.2	 	  	 Successors
	  	 	88	 
			
	 14.
	 	 	 AMENDMENTS; WAIVERS
	  	 	88	 
				
		 	 	14.1	 	  	 Amendments and Waivers
	  	 	88	 
		 	 	14.2	 	  	 Replacement of Certain Lenders
	  	 	90	 
		 	 	14.3	 	  	 No Waivers; Cumulative Remedies
	  	 	91	 
			
	 15.
	 	 	 AGENT; THE LENDER GROUP
	  	 	91	 
				
		 	 	15.1	 	  	 Appointment and Authorization of Agent
	  	 	91	 
		 	 	15.2	 	  	 Delegation of Duties
	  	 	92	 
		 	 	15.3	 	  	 Liability of Agent
	  	 	92	 
		 	 	15.4	 	  	 Reliance by Agent
	  	 	92	 
		 	 	15.5	 	  	 Notice of Default or Event of Default
	  	 	93	 
		 	 	15.6	 	  	 Credit Decision
	  	 	93	 
		 	 	15.7	 	  	 Costs and Expenses; Indemnification
	  	 	94	 
		 	 	15.8	 	  	 Agent in Individual Capacity
	  	 	94	 
		 	 	15.9	 	  	 Successor Agent
	  	 	95	 
		 	 	15.10	 	  	 Lender in Individual Capacity
	  	 	95	 
		 	 	15.11	 	  	 Collateral Matters
	  	 	95	 
		 	 	15.12	 	  	 Restrictions on Actions by Lenders; Sharing of Payments
	  	 	97	 

  
 iii 

 TABLE OF CONTENTS 

(Continued) 
  

											
	 	 	 	 	  	 	  	PAGE	 
		 	 	15.13	 	  	 Agency for Perfection
	  	 	98	 
		 	 	15.14	 	  	 Payments by Agent to the Lenders
	  	 	98	 
		 	 	15.15	 	  	 Concerning the Collateral and Related Loan Documents
	  	 	98	 
		 	 	15.16	 	  	 Reports and Information
	  	 	98	 
		 	 	15.17	 	  	 Several Obligations; No Liability
	  	 	98	 
			
	 16.
	 	 	 WITHHOLDING TAXES
	  	 	99	 
				
		 	 	16.1	 	  	 Payments
	  	 	99	 
		 	 	16.2	 	  	 Exemptions
	  	 	100	 
		 	 	16.3	 	  	 Reductions
	  	 	102	 
		 	 	16.4	 	  	 Refunds
	  	 	102	 
			
	 17.
	 	 	 GENERAL PROVISIONS
	  	 	103	 
				
		 	 	17.1	 	  	 Effectiveness
	  	 	103	 
		 	 	17.2	 	  	 Section Headings
	  	 	103	 
		 	 	17.3	 	  	 Interpretation
	  	 	103	 
		 	 	17.4	 	  	 Severability of Provisions
	  	 	103	 
		 	 	17.5	 	  	 Debtor-Creditor Relationship
	  	 	103	 
		 	 	17.6	 	  	 Counterparts; Electronic Execution
	  	 	103	 
		 	 	17.7	 	  	 Revival and Reinstatement of Obligations; Certain Waivers
	  	 	104	 
		 	 	17.8	 	  	 Confidentiality
	  	 	104	 
		 	 	17.9	 	  	 Survival
	  	 	106	 
		 	 	17.10	 	  	 Patriot Act; Due Diligence
	  	 	106	 
		 	 	17.11	 	  	 Integration
	  	 	107	 
		 	 	17.12	 	  	 ICD as Agent for Borrowers
	  	 	107	 
		 	 	17.13	 	  	 Disclosure
	  	 	107	 
		 	 	17.14	 	  	 Intercreditor Agreement
	  	 	108	 
			
	 18.
	 	 	 AFFILIATED LENDER PROVISIONS
	  	 	108	 
				
		 	 	18.1	 	  	 Affiliated Lender Representations, Warranties and Agreements
	  	 	108	 
		 	 	18.2	 	  	 Additional Affiliated Lender Restrictions and Limitations
	  	 	108	 
		 	 	18.3	 	  	 No Pro Rata Treatment
	  	 	109	 

  
 iv 

 TABLE OF CONTENTS 

PAGE 

EXHIBITS AND SCHEDULES 
  

			
	Exhibit A	  	Form of Assignment and Acceptance
	Exhibit B	  	Form of Compliance Certificate
	Exhibit C	  	Form of LIBOR Notice
	Exhibit D	  	Form of Notice of Borrowing
	Schedule A	  	Agent’s Account
	Schedule B	  	Authorized Persons
	Schedule C	  	Commitments
	Schedule D	  	Designated Account
	Schedule P-1	  	Permitted Investments
	Schedule P-2	  	Permitted Liens
	Schedule 3.1	  	Conditions Precedent
	Schedule 4.1(b)	  	Capitalization of Loan Parties
	Schedule 4.1(c)	  	Capitalization of Loan Parties’ Subsidiaries
	Schedule 4.1(d)	  	Subscriptions, Options, Warrants, Calls
	Schedule 4.6(b)	  	Litigation
	Schedule 4.10	  	Employee Benefits
	Schedule 4.11	  	Environmental Matters
	Schedule 4.14	  	Permitted Indebtedness
	Schedule 4.21	  	Location of Inventory
	Schedule 4.23	  	Material Contracts
	Schedule 5.1	  	Financial Statements, Reports, Certificates
	Schedule 5.2	  	Collateral Reporting
	Schedule 5.15	  	Post-Closing
	Schedule 6.5	  	Nature of Business
	Schedule 6.13	  	Burdensome Agreements

 CREDIT AGREEMENT 

THIS CREDIT AGREEMENT, is entered into as of October 1, 2018 by and among INDEPENDENCE CONTRACT DRILLING, INC., a Delaware
corporation (“ICD”), and, initially, PATRIOT SARATOGA MERGER SUB, LLC, a Delaware limited liability company (“Merger Sub”), and, following consummation of the Merger (as defined below), ICD OPERATING
LLC, a Delaware limited liability company (as successor by merger to Merger Sub) (“ICD Operating”; ICD, together with Merger Sub and/or ICD Operating, as the context requires, each a “Borrower”, and
collectively, the “Borrowers”), the lenders identified on the signature pages hereof (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”, as that term
is hereinafter further defined), and U.S. BANK NATIONAL ASSOCIATION, as administrative agent and collateral agent (in such capacities, together with its successors and assigns in such capacities, “Agent”). 

RECITALS 
 A. ICD has
formed Merger Sub for purposes of merging (the “Merger”) with and into Sidewinder Drilling LLC, a Delaware limited liability company (“Sidewinder”), with Sidewinder (and, after giving effect to the name change, ICD
Operating) being the surviving company and a wholly owned Subsidiary of ICD, pursuant to that certain Agreement and Plan of Merger, dated as of July 18, 2018 (as modified, amended, restated or amended and restated from time to time in
accordance with the terms hereof, the “Merger Agreement”), by and among ICD, Merger Sub, Sidewinder, and certain other parties thereto. 

B. The Borrowers have requested that the Lenders extend credit to the Borrowers under this Agreement in the form of (a) a term loan in the
aggregate principal amount equal to $130,000,000 (the “Term Loan”) on the Closing Date, the proceeds of which shall be used to finance a portion of the consideration for the Merger and to pay fees, commissions, expenses and costs
related thereto and to repay and refinance certain existing Indebtedness (as hereinafter defined) of Sidewinder and ICD and (b) a delayed draw term loan facility in the aggregate principal amount of up to $15,000,000, the proceeds of which
shall be used in accordance with Section 6.11. 
 C. The Lenders are willing to make available to the Borrowers the
credit facility described herein subject to, and on the terms and conditions set forth in, this Agreement. 
 AGREEMENT 

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

1.1 Definitions. As used in this Agreement, the following terms shall have the following definitions: 

“ABL Agent” means Wells Fargo Bank, National Association, in its capacity as administrative agent under any of the ABL
Documents, or any successor or replacement administrative agent thereunder. 
  

 “ABL Credit Agreement” means that certain Credit Agreement, dated as of the
date hereof, by and among the ABL Agent, the ABL Lenders, certain of the Borrowers, as the initial borrowers, and the additional borrowers from time to time party thereto, as the same may be subsequently amended, restated, refinanced, replaced,
extended, renewed or restructured in accordance with the provisions hereof and the terms of the Intercreditor Agreement. 
 “ABL
Documents” has the meaning provided in the Intercreditor Agreement. 
 “ABL Facility” means the credit facility
made available to the Borrowers pursuant to the ABL Credit Agreement. 
 “ABL Indebtedness” means Indebtedness under the
ABL Documents. 
 “ABL Lenders” means the financial institutions party to the ABL Credit Agreement, as lenders, and each of
their successors and permitted assigns. 
 “ABL Priority Collateral” has the meaning provided in the Intercreditor
Agreement. 
 “Accounting Changes” means changes in accounting principles required by the promulgation of any rule,
regulation, pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants (or successor thereto or any agency with similar functions). 

“Acquired Indebtedness” means Indebtedness of a Person the assets or Equity Interests of which are acquired by a Loan Party
or any of its Subsidiaries in a Permitted Acquisition; provided, that such Indebtedness (a) is not secured by Collateral, (b) was in existence prior to the date of such Permitted Acquisition and (c) was not incurred in
connection with, or in contemplation of, such Permitted Acquisition. 
 “Acquisition” means (a) the purchase or other
acquisition by a Person or its Subsidiaries of all or substantially all of the assets of (or any division or business line of) any other Person, or (b) the purchase or other acquisition (whether by means of a merger, consolidation, or
otherwise) by a Person or its Subsidiaries of all or substantially all of the Equity Interests of any other Person. 
 “Additional
Documents” has the meaning specified therefor in Section 5.11 of this Agreement. 

“Administrative Borrower” has the meaning specified therefor in Section 17.12 of this Agreement.

 “Administrative Questionnaire” has the meaning specified therefor in Section 13.1(a) of this
Agreement. 
 “Affected Lender” has the meaning specified therefor in Section 2.9(b) of this
Agreement. 
 “Affiliate” means, as applied to any Person, any other Person who Controls, is Controlled by, or is under
common Control with, such Person; provided, that for purposes of Section 6.10 of this Agreement: (a) any Person which owns directly or indirectly 5% or more of the Equity

  
 2 

 
Interests having ordinary voting power for the election of directors or other members of the governing body of a Person or 5% or more of the partnership or other ownership interests of a Person
(other than as a limited partner of such Person) shall be deemed an Affiliate of such Person, (b) each director (or comparable manager) of a Person shall be deemed to be an Affiliate of such Person, and (c) each partnership in which a
Person is a general partner shall be deemed an Affiliate of such Person. Notwithstanding the foregoing, solely for purposes of Sections 4.18, 5.14, 13.1(a)(ii)(B), 13.1(e)(vi), and 15.6, “Affiliate” shall
not include any Affiliated Lender. 
 “Affiliated Lender” means each Lender that is (a) an Affiliate of ICD and/or
(b) an Affiliate of any Person that is an Affiliate of ICD. 
 “Affiliated Lender Adjustment Period” means any period
during which Affiliated Lenders, if any, hold less than a majority in principal amount of the Loans at the time outstanding. 

“Agent” has the meaning specified therefor in the preamble to this Agreement. 

“Agent-Related Persons” means Agent, together with its Affiliates, successors and assigns and the officers, direct and
indirect owners, directors, employees, agents, advisors, attorneys, controlling persons and members of each of the foregoing. 

“Agent’s Account” means the Deposit Account of Agent identified on Schedule A to this Agreement (or such other
Deposit Account of Agent that has been designated as such, in writing, by Agent to Borrowers and the Lenders). 
 “Agent’s
Liens” means the Liens granted by each Loan Party to Agent under the Loan Documents and securing the Obligations. 

“Agreement” means this Credit Agreement, as amended, restated, amended and restated, supplemented or otherwise modified from
time to time. 
 “Anti-Corruption Laws” means the FCPA, the U.K. Bribery Act of 2010, as amended, and all other applicable
laws and regulations or ordinances concerning or relating to bribery, money laundering or corruption in any jurisdiction in which any Loan Party or any of its Subsidiaries or Affiliates is located or is doing business. 

“Anti-Money Laundering Laws” means the applicable laws or regulations in any jurisdiction in which any Loan Party or any of
its Subsidiaries or Affiliates is located or is doing business that relates to money laundering, any predicate crime to money laundering, or any financial record keeping and reporting requirements related thereto. 

“Applicable Margin” means, at any time, (a) with respect to the calculation of interest on any Base Rate Loan, 6.50%,
and (b) with respect to the calculation of interest on any LIBOR Rate Loan, 7.50%. 
 “Application Event” means the
occurrence of (a) a failure by Borrowers to repay all of the Obligations in full on the Maturity Date, or (b) an Event of Default and the election by Agent or the Required Lenders to require that payments and proceeds of Collateral be
applied pursuant to Section 2.2(b)(iii) of this Agreement. 

  
 3 

 “Assignee” has the meaning specified therefor in
Section 13.1(a) of this Agreement. 
 “Assignment and Acceptance” means an Assignment and
Acceptance Agreement substantially in the form of Exhibit A to this Agreement. 
 “Authorized Person” means any one
of the individuals identified as an officer of a Loan Party on Schedule B to this Agreement, or any other individual identified by Administrative Borrower as an authorized person in form and substance reasonably acceptable to Agent. 

“Availability” means, as of any date of determination, an amount equal to the sum of (a) “Availability” (as defined
in the ABL Credit Agreement as the same may be amended, supplemented or otherwise modified from time to time in compliance with the Intercreditor Agreement) as of such date and (b) the lesser of (i) $5,000,000 and (ii) the Total DDTL
Commitments as of such date; provided in the case of this clause (b) that the conditions set forth in Section 3.2(a) hereof could be satisfied as of such date. 

“Available Amount” means, at any date, an amount determined on a cumulative basis (including, for the avoidance of doubt, by
deducting any negative amounts from such amount) equal to, without duplication, (a) 50% of Consolidated Net Income for each fiscal year of ICD commencing with the fiscal year ending December 31, 2019 and ending prior to such date; minus
(b) all amounts of the Available Amount used to make Investments pursuant to clause (t) of the definition of “Permitted Investments” after the Closing Date and prior to such date; minus (c) the amount of all
Investments made pursuant to clause (u) of the definition of “Permitted Investments” after the Closing Date and prior to such date; minus (d) all amounts of the Available Amount used to make Restricted Payments pursuant to
Section 6.7(e) after the Closing Date and prior to such date; minus (e) all amounts of the Available Amount used to make payments or distributions in respect of Indebtedness pursuant to Section 6.6(a) after the Closing Date and
prior to such date; provided that the aggregate amount of the Available Amount shall not exceed $5,000,000 during any Measurement Period and $15,000,000 during the term of this Agreement. 

“Bankruptcy Code” means title 11 of the United States Code, as in effect from time to time. 

“Base Rate” means the greatest of (a) the Federal Funds Rate plus
 1⁄2%, (b) the LIBOR Rate (which rate shall be calculated based upon an Interest Period of three months and shall be determined on a daily basis),
plus one percentage point, and (c) the rate of interest as publicly quoted from time to time by the Wall Street Journal as the “prime rate” in the United States. 

“Base Rate Loan” means a Loan that bears interest at a rate determined by reference to the Base Rate. 

“Board of Directors” means, as to any Person, the board of directors (or comparable managers) of such Person, or any
committee thereof duly authorized to act on behalf of the board of directors (or comparable managers). 
 “Board of
Governors” means the Board of Governors of the Federal Reserve System of the United States (or any successor). 

  
 4 

 “Borrower” and “Borrowers” have the respective meanings
specified therefor in the preamble to this Agreement. 
 “Borrower Materials” has the meaning specified therefor in
Section 17.8(c) of this Agreement. 
 “Borrowing” shall mean and include (a) the incurrence
of the Term Loan on the Closing Date (or resulting from conversions on a given date thereafter) and (b) the incurrence of any Delayed Draw Term Loan on a given date. 

“Borrowing Base” has the meaning provided in the ABL Credit Agreement. 

“Business Day” means any day that is not a Saturday, Sunday, or other day on which banks are authorized or required to close
in the state of New York, except that, if a determination of a Business Day shall relate to a LIBOR Rate Loan, the term “Business Day” also shall exclude any day on which banks are closed for dealings in Dollar deposits in the London
interbank market. 
 “Called Principal” means the principal amount of the Loans that is to be prepaid pursuant to
Section 2.2(c), Section 2.2(d)(i) or Section 2.2(d)(ii) or has become or is declared to be immediately due and payable pursuant to Section 9.1,
as the context requires. 
 “Capital Expenditures” means, with respect to any Person for any period, the amount of all
expenditures by such Person and its Subsidiaries during such period that are capital expenditures as determined in accordance with GAAP, whether such expenditures are paid in cash or financed, but excluding, without duplication (a) with respect
to the purchase price of assets that are purchased substantially contemporaneously with the trade-in of existing assets during such period, the amount that the gross amount of such purchase price is reduced by
the credit granted by the seller of such assets for the assets being traded in at such time, (b) expenditures made during such period to consummate one or more Permitted Acquisitions, (c) expenditures made during such period to the extent
made with the identifiable proceeds of an equity investment in a Loan Party or any of its Subsidiaries which equity investment is made substantially contemporaneously with the making of the expenditure, and (d) expenditures during such period
that, pursuant to a written agreement, are reimbursed by a third Person (excluding any Loan Party or any of its Affiliates) within one hundred eighty (180) days of the date such expenditures are made. 

“Capitalized Lease Obligation” means that portion of the obligations under a Capital Lease that is required to be capitalized
in accordance with GAAP. 
 “Capital Lease” means a lease that is required to be capitalized for financial reporting
purposes in accordance with GAAP. 
 “Cash Equivalents” means (a) marketable direct obligations issued by, or
unconditionally guaranteed by, the United States or issued by any agency thereof and backed by the full faith and credit of the United States, in each case maturing within one year from the date of acquisition thereof, (b) marketable direct
obligations issued or fully guaranteed by any state of the United States or any political subdivision of any such state or any public instrumentality thereof maturing within one year from the date of acquisition thereof and, at the time of
acquisition, having one of the two highest ratings obtainable from either Standard & Poor’s Rating Group (“S&P”) or 

  
 5 

 
Moody’s Investors Service, Inc. (“Moody’s”), (c) commercial paper maturing no more than 270 days from the date of creation thereof and, at the time of acquisition,
having a rating of at least A-1 from S&P or at least P-1 from Moody’s, (d) certificates of deposit, time deposits, overnight bank deposits or bankers’
acceptances maturing within one year from the date of acquisition thereof issued by any bank organized under the laws of the United States or any state thereof or the District of Columbia or any United States branch of a foreign bank having at the
date of acquisition thereof combined capital and surplus of not less than $1,000,000,000, (e) Deposit Accounts maintained with (i) any bank that satisfies the criteria described in clause (d) above, or (ii) any other bank organized
under the laws of the United States or any state thereof so long as the full amount maintained with any such other bank is insured by the Federal Deposit Insurance Corporation, (f) repurchase obligations of any commercial bank satisfying the
requirements of clause (d) of this definition or of any recognized securities dealer having combined capital and surplus of not less than $1,000,000,000, having a term of not more than seven days, with respect to securities satisfying the
criteria in clauses (a) or (d) above, (g) debt securities with maturities of six months or less from the date of acquisition backed by standby letters of credit issued by any commercial bank satisfying the criteria described in clause
(d) above, and (h) Investments in money market funds substantially all of whose assets are invested in the types of assets described in clauses (a) through (g) above. 

“Casualty Event” means any event that gives rise to the receipt by ICD or any of its Subsidiaries of any insurance proceeds
or condemnation awards in respect of any assets or property thereof. 
 “CFC” means a controlled foreign corporation (as
that term is defined in the IRC) in which any Loan Party is a “United States shareholder” within the meaning of Section 951(b) of the IRC. 

“Change in Law” means the occurrence after the date of this Agreement of: (a) the adoption or effectiveness of any law,
rule, regulation, judicial ruling, judgment or treaty, (b) any change in any law, rule, regulation, judicial ruling, judgment or treaty or in the administration, interpretation, implementation or application by any Governmental Authority of any
law, rule, regulation, guideline or treaty, or (c) the making or issuance by any Governmental Authority of any request, rule, guideline or directive, whether or not having the force of law; provided, that notwithstanding anything in this
Agreement to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith, and (ii) all requests, rules, guidelines or
directives concerning capital adequacy promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities shall, in each
case, be deemed to be a “Change in Law,” regardless of the date enacted, adopted or issued. 
 “Change of
Control” means that: 
 (a) any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the
Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan), other than the
Permitted Holders, becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a

  
 6 

 
person or group shall be deemed to have “beneficial ownership” of all securities that such person or group has the right to acquire, whether such right is exercisable immediately or
only after the passage of time (such right, an “option right”)), directly or indirectly, of more than a majority of the equity securities of ICD entitled to vote for members of the board of directors or equivalent governing body of
ICD on a fully-diluted basis (and taking into account all such securities that such person or group has the right to acquire pursuant to any option right); 

(b) the passage of thirty (30) days from the date upon which any Person or two or more Persons acting in concert, other than the Permitted
Holders, shall have acquired by contract or otherwise, or shall have entered into a contract or arrangement that, upon consummation thereof, will result in its or their acquisition of the power to exercise, directly or indirectly, a controlling
influence over the management or policies of ICD, or control over the equity securities of ICD entitled to vote for members of the board of directors or equivalent governing body of ICD on a fully-diluted basis (and taking into account all such
securities that such Person or group has the right to acquire pursuant to any option right) representing more than a majority of the combined voting power of such securities; 

(c) during any period of twelve (12) consecutive months, a majority of the members of the board of directors or other equivalent governing
body of ICD cease to be composed of individuals (i) who were members of that board or equivalent governing body on the first day of such period, (ii) whose election or nomination to that board or equivalent governing body was approved by
individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body or (iii) whose election or nomination to that board or other equivalent
governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body; 

(d) ICD fails to own and control, directly or indirectly, 100% of the Equity Interests of any other Loan Party, other than pursuant to
transactions permitted under Section 6.3; or 
 (e) the occurrence of any “Change of Control” as defined
in the ABL Credit Agreement. 
 “Closing Date” means the date of the making of the Term Loan under this Agreement. 

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

“Collateral” means all assets and interests in assets and proceeds thereof now owned or hereafter acquired by any Loan Party
in or upon which a Lien is granted by such Person in favor of Agent or the Lenders under any of the Loan Documents. 
 “Collateral
Access Agreement” means a landlord waiver, bailee letter, or acknowledgement agreement of any lessor, warehouseman, processor, consignee, or other Person in possession of, having a Lien upon, or having rights or interests in any Loan
Party’s or its Subsidiaries’ books and records or Equipment, in each case, in form and substance reasonably satisfactory to the Required Lenders. 

  
 7 

 “Commitment” means, with respect to each Lender, such Lender’s Term
Loan Commitment or DDTL Commitment. 
 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et
seq.), as amended from time to time, and any successor statute. 
 “Compliance Certificate” means a certificate
substantially in the form of Exhibit B to this Agreement delivered by the chief financial officer or treasurer of ICD to Agent and Lenders. 

“Confidential Information” has the meaning specified therefor in Section 17.8(a) of this Agreement.

 “Consolidated” means, when used to modify a financial term, test, statement, or report of a Person, the application or
preparation of such term, test, statement or report (as applicable) based upon the consolidation, in accordance with GAAP, of the financial condition or operating results of such Person and its Subsidiaries; provided, that when the term
“Consolidated” is used herein in reference to the Borrowers and their Subsidiaries, the term “Consolidated” shall mean ICD and its Subsidiaries on a consolidated basis, with such consolidated numbers then determined on a combined
basis, all in accordance with GAAP. 
 “Consolidated Interest Charges” means, for any period, the sum of (a) all
interest, premium payments, debt discount, fees, charges and related expenses in connection with borrowed money (including capitalized interest) or in connection with the deferred purchase price of assets, in each case to the extent treated as
interest in accordance with GAAP, including, without limitation, all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing and net costs under Hedge Agreements or agreements
governing hedging obligations, but excluding any non-cash or deferred interest plus (b) the portion of rent expense with respect to such period under Capital Lease Obligations that is
treated as interest in accordance with GAAP, in each case of or by the Borrowers and their Subsidiaries, all as determined on a Consolidated basis in accordance with GAAP. 

“Consolidated Net Income” means, for any period, the aggregate of the net income (or loss) of the Borrowers and their
Subsidiaries for such period, determined on a Consolidated basis in accordance with GAAP; provided, however, that: 
 (a) any
net after-tax extraordinary, nonrecurring or unusual gains or non-cash losses shall be excluded; 

(b) the Consolidated Net Income for such period shall not include the cumulative effect of a change in accounting principles
during such period; 
 (c) any net after-tax gains or losses (less all fees and
expenses or charges relating thereto) attributable to business dispositions or asset dispositions other than in the ordinary course of business (as determined in good faith by ICD) shall be excluded; 

(d) any net after-tax gains or losses (less all fees and expenses or charges relating
thereto) attributable to the early extinguishment of indebtedness shall be excluded; 

  
 8 

 (e) the net income (or loss) for such period of any Person that is not a
Loan Party or a Subsidiary thereof or that is accounted for by the equity method of accounting, shall be included only to the extent of the amount of dividends or distributions or other payments paid in cash (or to the extent converted into cash) to
a Borrower or a Subsidiary thereof in respect of such period; 
 (f) (1) the
non-cash portion of “straight-line” rent expense shall be excluded and (2) the cash portion of “straight-line” rent expense which exceeds the amount expensed in respect of such rent
expense shall be included; 
 (g) unrealized gains and losses relating to hedging transactions and mark-to-market of Indebtedness denominated in foreign currencies resulting from the application of ASC 830 shall be excluded; 

(h) the income (or loss) of any non-consolidated entity during such period in which any
other Person has a joint interest shall be excluded, except to the extent of the amount of cash dividends or other distributions actually paid in cash to any of ICD or its Subsidiaries during such period; and 

(i) the income (or loss) of a Subsidiary (or any asset given pro forma treatment) during such period and accrued prior to the
date it becomes a Subsidiary or is merged into or consolidated with ICD or any of its Subsidiaries or that Person’s assets are acquired by ICD or any of its Subsidiaries shall be excluded. 

“Consolidated Non-cash Charges” means, with respect to the Borrowers and their
Subsidiaries for any period, the aggregate depreciation, amortization, impairment, compensation, rent and other non-cash expenses of the Borrowers and their Subsidiaries reducing Consolidated Net Income of
such Person for such period on a Consolidated basis and otherwise determined in accordance with GAAP (including non-cash charges resulting from purchase accounting in connection with any Acquisition or
Disposition that is consummated after the Closing Date), but excluding (a) any such charge which consists of or requires an accrual of, or cash reserve for, anticipated cash charges for any future period and (b) the non-cash impact of recording the change in fair value of any embedded derivatives under ASC 815 and related interpretations as a result of the terms of any agreement or instrument to which such Consolidated Non-cash Charges relate. 
 “Consolidated Taxes” means, with respect to the Borrowers and
their Subsidiaries on a Consolidated basis for any period, provision for taxes based on income, profits or capital, including, without limitation, state franchise and similar taxes. 

“Contribution and Exchange Agreement” means that certain Contribution, Exchange and Restructuring Agreement, dated as of
July 18, 2018, by and among the holders of Indebtedness under the Existing First Lien Note Purchase Agreement, the holders of Indebtedness under the Existing Second Lien Note Purchase Agreement, Sidewinder, ICD, certain holders of Equity
Interests of Sidewinder and certain other parties thereto. 
 “Control” means the possession, directly or indirectly, of
the power to direct or cause the direction of the management and policies of a Person, whether through ownership, by contract, or otherwise, and the terms “Controlled by” or “under common Control with” shall have correlative
meanings. 

  
 9 

 “Control Agreement” means a control agreement, in form and substance
reasonably satisfactory to Agent and the Required Lenders, executed and delivered among a Loan Party, Controlling Agent and the applicable securities intermediary (with respect to a Securities Account) or bank (with respect to a Deposit Account).

 “Controlling Agent” means (a) until the Discharge of ABL Priority Obligations, the ABL Agent and (b) from the
Discharge of ABL Priority Obligations, the Agent. 
 “Delayed Draw Term Loan” has the meaning specified therefor in
Section 2.1(b) of this Agreement. 
 “DDTL Commitment” means the obligation of each Lender to
make a Delayed Draw Term Loan to Borrowers pursuant to Section 2.1(b) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule C under the caption “Delayed
Draw Term Loan Commitment”, as the same shall be permanently reduced from time to time by the amount equal to each Delayed Draw Term Loan that such Lender funds at each such time. 

“DDTL Commitment Expiration Date” has the meaning specified therefor in Section 2.1(b) of this
Agreement. 
 “Declined Proceeds” has the meaning specified therefor in Section 2.2(f) of this
Agreement. 
 “Default” means an event, condition, or default that, with the giving of notice, the passage of time, or
both, would be an Event of Default. 
 “Deposit Account” means any deposit account (as that term is defined in the Code).

 “Designated Account” means the Deposit Account of Administrative Borrower identified on Schedule D to this
Agreement (or such other Deposit Account of Administrative Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrowers to Agent). 

“Designated Account Bank” has the meaning specified therefor in Schedule D to this Agreement (or such other bank that
is located within the United States that has been designated as such, in writing, by Borrowers to Agent). 
 “Discharge of ABL
Priority Obligations” has the meaning provided in the Intercreditor Agreement. 
 “Disposition” or
“Dispose” means the sale (including any sale and leaseback transaction), transfer, assignment, exclusive license, lease or other disposition or conveyance (including by way of merger, consolidation, division, liquidation or
distribution) (whether in one transaction or in a series of transactions) of any property by any Person, including (a) any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights
and claims associated therewith and (b) any sale, transfer, assignment, or other disposition of any Equity Interests of another Person, but, for the avoidance of doubt, not the issuance by such Person of its Equity Interests. 

  
 10 

 “Disqualified Equity Interests” means any Equity Interests that, by their
terms (or by the terms of any security or other Equity Interests into which they are convertible or for which they are exchangeable), or upon the happening of any event or condition (a) matures or are mandatorily redeemable (other than solely
for Qualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event
shall be subject to the prior repayment in full of the Loans, any Prepayment Premium, and all other Obligations that are accrued and payable), (b) are redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests),
in whole or in part, (c) provide for the scheduled payments of dividends in cash, or (d) are or become convertible into or exchangeable for Indebtedness or any other Equity Interests that would constitute Disqualified Equity Interests, in
each case, prior to the date that is 180 days after the Maturity Date. 
 “Disqualified Institution” means, on any date,
any Person designated by Administrative Borrower as a “Disqualified Institution” (including direct competitors of the Borrowers identified by name, and the successors of such Persons) by written notice delivered to Lenders and Agent prior
to July 17, 2018, including, in each case, any affiliate thereof identifiable on the basis of its name; provided, that “Disqualified Institutions” shall exclude any Person that Administrative Borrower has designated as no
longer being a “Disqualified Institution” by written notice delivered to Lenders and Agent from time to time; provided further, that in connection with any assignment or participation, the Assignee or Participant with respect
to such proposed assignment or participation that is an investment bank, a commercial bank, a finance company, a fund, or other similar Person or any affiliate thereof which has an economic or equity interest in or is under common control with any
such direct competitor, and is not itself such a direct competitor of Borrowers or their Subsidiaries, shall not be deemed to be a Disqualified Institution for the purposes of this definition. 

“Dollars” or “$” means United States dollars. 

“Domestic Subsidiary” means any Subsidiary of any Loan Party that is not a Foreign Subsidiary. 

“Earn-Outs” means unsecured liabilities of a Loan Party arising under an agreement to make any deferred payment as a part of
the Purchase Price for a Permitted Acquisition, including performance bonuses or consulting payments in any related services, employment or similar agreement, in an amount that is subject to or contingent upon the revenues, income, cash flow or
profits (or the like) of the target of such Permitted Acquisition. 
 “EBITDA” means, with respect to any fiscal period and
with respect to the Borrowers and their Subsidiaries determined on a Consolidated basis in accordance with GAAP: 
 (a)
Consolidated Net Income, plus 

  
 11 

 (b) without duplication and to the extent deducted in determining such
Consolidated Net Income for such period (other than with respect to clause (ix) below), each of the following items: 

(i) income tax expense, net of tax refunds, 

(ii) Consolidated Interest Charges, 

(iii) Consolidated Non-cash Charges, 

(iv) the amount of costs, expenses and fees paid to third parties during such period in connection with the transactions
contemplated hereby to occur on the Closing Date and post-closing matters related thereto in an aggregate amount, during the term of this Agreement, not to exceed $8,500,000, 

(v) any premiums, expenses or charges (other than Consolidated Non-cash Charges)
related to any issuance or sale of Equity Interests, Investment, Acquisition, Disposition or recapitalization permitted to be made hereunder (whether consummated or not), 

(vi) any non-cash costs or expense incurred pursuant to any management equity plan or
stock option plan or other management or employee benefit plan or agreement or any stock subscription or shareholder agreement, 

(vii) the amount of any minority interest expense consisting of income of a Subsidiary attributable to minority equity
interests of third parties in any non-wholly owned Subsidiary, net of any cash distributions made to such third parties in such period, 

(viii) any net after-tax extraordinary, nonrecurring or unusual losses (including cash
severance costs); provided that, solely with respect to cash losses added back pursuant to this clause (viii), Borrowers shall deliver to the Lenders supporting documentation reasonably satisfactory to the Required Lenders in respect of such cash
losses, 
 (ix) proceeds of business interruption insurance received in cash during such period, to the extent not already
included in Consolidated Net Income, and 
 (x) charges, losses or expenses to the extent indemnified, insured or reimbursed
by a third party not an affiliate of a Loan Party to the extent such indemnification, insurance or reimbursement is actually received in cash for such period, minus 

(c) without duplication, (i) any net after-tax extraordinary, non-recurring or unusual gains and any non-cash income or gain increasing Consolidated Net Income for such period, excluding any such items to the extent they represent
(1) the reversal in such period of an accrual of, or reserve for, potential cash expense in a prior period, (2) any non-cash gains with respect to cash actually received in a prior period to the
extent such cash 

  
 12 

 
did not increase Consolidated Net Income in a prior period or (3) items representing ordinary course accruals of cash to be received in future periods; plus (ii) any net
gain from discontinued operations or net gains from the disposal of discontinued operations to the extent increasing Consolidated Net Income. 

For the purposes of calculating EBITDA for any period of twelve consecutive months (each, a “Reference Period”), if at any
time during such Reference Period (and on or after the Closing Date), any Loan Party or any of its Subsidiaries shall have made a Permitted Acquisition or a Disposition permitted hereunder, EBITDA for such Reference Period shall be calculated after
giving pro forma effect thereto as if any such Permitted Acquisition or Disposition (and any increase or decrease in the component financial definitions used in the calculation of EBITDA attributable to any Permitted Acquisition or Disposition)
occurred on the first day of such Reference Period. 
 “Eligible Assignee” means (a) a Lender, an Affiliate of any
Lender or a Related Fund (any two or more Related Funds being treated as a single Eligible Assignee for all purposes hereof), or (b) a commercial bank insurance company, investment or mutual fund or other entity that is an “accredited
investor” (as defined in Regulation D under the Securities Act of 1933); provided that no Disqualified Institution shall be an Eligible Assignee. 

“Employee Benefit Plan” means any employee benefit plan within the meaning of Section 3(3) of ERISA, whether or not
subject to ERISA, (a) that is or within the preceding six (6) years has been sponsored, maintained or contributed to by any Loan Party or ERISA Affiliate or (b) to which any Loan Party or ERISA Affiliate has, or has had at any time
within the preceding six (6) years, any liability, contingent or otherwise. 
 “Environmental Action” means any
written complaint, summons, citation, notice, directive, order, claim, litigation, investigation, judicial or administrative proceeding, judgment, letter, or other written communication from any Governmental Authority, or any third party involving
violations of Environmental Laws or releases of Hazardous Materials (a) from any assets, properties, or businesses of any Loan Party, any Subsidiary of any Loan Party, or any of their predecessors in interest, (b) from adjoining properties
or businesses, or (c) from or onto any facilities which received Hazardous Materials generated by any Loan Party or any Subsidiary of any Loan Party, or any of their predecessors in interest. 

“Environmental Law” means any applicable federal, state, provincial, foreign or local statute, law, rule, regulation,
ordinance, code, binding and enforceable guideline, binding and enforceable written policy, or rule of common law now or hereafter in effect and in each case as amended, or any judicial or administrative interpretation thereof, including any
judicial or administrative order, consent decree or judgment, in each case, to the extent binding on any Loan Party or its Subsidiaries, relating to the environment, the effect of the environment on employee health, or Hazardous Materials, in each
case as amended from time to time. 
 “Environmental Liabilities” means all liabilities, monetary obligations, losses,
damages, costs and expenses (including all reasonable fees, disbursements and expenses of counsel, experts, or consultants, and costs of investigation and feasibility studies), fines, penalties, sanctions, and interest incurred as a result of any
claim or demand, or Remedial Action required, by any Governmental Authority or any third party, and which relate to any Environmental Action. 

  
 13 

 “Environmental Lien” means any Lien in favor of any Governmental Authority
for Environmental Liabilities. 
 “Equipment” means equipment (as that term is defined in the Code). 

“Equity Interests” means, with respect to a Person, all of the shares, options, warrants, interests, participations, or other
equivalents (regardless of how designated) of or in such Person, whether voting or nonvoting, including capital stock (or other ownership or profit interests or units), preferred stock, or any other “equity security” (as such term is
defined in Rule 3a11-1 of the General Rules and Regulations promulgated by the SEC under the Exchange Act). 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and any successor statute thereto. 

“ERISA Affiliate” means (a) any Person subject to ERISA whose employees are treated as employed by the same employer as
the employees of any Loan Party or its Subsidiaries under IRC Section 414(b), (b) any trade or business subject to ERISA whose employees are treated as employed by the same employer as the employees of any Loan Party or its Subsidiaries under
IRC Section 414(c), (c) solely for purposes of Section 302 of ERISA and Section 412 of the IRC, any organization subject to ERISA that is a member of an affiliated service group of which any Loan Party or any of its Subsidiaries is a
member under IRC Section 414(m), or (d) solely for purposes of Section 302 of ERISA and Section 412 of the IRC, any Person subject to ERISA that is a party to an arrangement with any Loan Party or any of its Subsidiaries and
whose employees are aggregated with the employees of such Loan Party or its Subsidiaries under IRC Section 414(o). 
 “Event of
Default” has the meaning specified therefor in Section 8 of this Agreement. 
 “Excess
Availability” has the meaning provided in the ABL Credit Agreement. 
 “Exchange Act” means the Securities
Exchange Act of 1934, as in effect from time to time. 
 “Excluded Subsidiary” means (a) any CFC or FSHCO,
(b) any direct or indirect Subsidiary of a Subsidiary that is a CFC or a FSHCO or (c) any Subsidiary with respect to which, in the reasonable judgment of the Required Lenders and the Borrowers, the burden or cost (including any adverse tax
consequences) of providing the guaranty shall outweigh the benefits to be obtained by the Lender Group therefrom; provided that, notwithstanding the foregoing, no Subsidiary that guarantees or otherwise becomes liable at any time, whether as a
borrower or an additional or co-borrower or otherwise, for or in respect of any Indebtedness under the ABL Credit Agreement shall be an Excluded Subsidiary. 

“Excluded Taxes” means (a) any Tax imposed on the net income or net profits of any Lender, any Participant or any
Recipient Agent (including any franchise Taxes and branch profits Taxes), in each case (i) imposed by the jurisdiction (or by any political subdivision or taxing authority thereof) in which such Lender, Participant or Recipient Agent is
organized or the jurisdiction (or by any political subdivision or taxing authority thereof) in which such Lender’s, 

  
 14 

 
Participant’s or Recipient Agent’s principal office or applicable lending office is located or (ii) that are Other Connection Taxes, (b) Taxes that would not have been imposed
but for a Lender’s, Participant’s or Recipient Agent’s failure to comply with the requirements of Section 16.2 of this Agreement, (c) any United States federal withholding Taxes that would be imposed on
amounts payable to a Lender based upon the applicable withholding rate in effect at the time such Lender becomes a party to this Agreement (or designates a new lending office, other than a designation made at the request of a Loan Party),
except that Excluded Taxes shall not include (i) any amount that such Lender (or its assignor, if any) was previously entitled to receive pursuant to Section 16.1 of this Agreement, if any, with respect to such
withholding Tax at the time such Lender becomes a party to this Agreement (or designates a new lending office), and (ii) additional United States federal withholding taxes that may be imposed after the time such Foreign Lender becomes a party
to this Agreement (or designates a new lending office), as a result of a change in law, rule, regulation, treaty, order or other decision or other Change in Law with respect to any of the foregoing by any Governmental Authority, and (d) any
withholding Taxes imposed under FATCA. 
 “Existing Credit Agreements” means that certain (a) Credit Agreement, dated
as of November 15, 2017, between Sidewinder, as borrower, and Wells Fargo Bank, National Association, as lender, and (b) Second Amended and Restated Credit Agreement, dated as of July 14, 2017, among ICD, the lenders party thereto, and CIT
Finance LLC, as Administrative Agent and Collateral Agent, each as amended prior to the date hereof. 
 “Existing
Facilities” means (a) the Existing Credit Agreements, (b) the Existing First Lien Note Purchase Agreement, and (c) the Existing Second Lien Note Purchase Agreement. 

“Existing First Lien Note Purchase Agreement” means that certain First Lien Note Purchase Agreement, dated as of
February 15, 2017, by and among Sidewinder, as borrower, and the purchasers named therein, as amended prior to the date hereof. 

“Existing Second Lien Note Purchase Agreement” means that certain Amended and Restated Second Lien Note Purchase Agreement,
dated as of February 15, 2017, by and among Sidewinder, as borrower, and the purchasers named therein, as amended prior to the date hereof. 

“FATCA” means Sections 1471 through 1474 of the IRC, as of the date of this Agreement (or any amended or successor version
that is substantively comparable and not materially more onerous to comply with), and (a) any current or future regulations or official interpretations thereof, (b) any agreements entered into pursuant to Section 1471(b)(1) of the IRC
(or any amended or successor version described above), and (c) any intergovernmental agreement entered into by the United States (or any fiscal or regulatory legislation, rules, or practices adopted pursuant to any such intergovernmental
agreement entered into in connection therewith) and a foreign government or one or more agencies thereof to implement the foregoing and any fiscal or regulatory legislation, rules or official practices adopted pursuant to such published
intergovernmental agreement, treaty or convention. 
 “FCPA” means the Foreign Corrupt Practices Act of 1977, as amended,
and the rules and regulations thereunder. 

  
 15 

 “Federal Funds Rate” means, for any period, a fluctuating interest rate
per annum equal to, for each day during such period, the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System, as published on the next succeeding Business Day by the Federal Reserve
Bank of New York, or, if such rate is not so published for any day which is a Business Day, the average of the quotations for such day on such transactions received by Agent from three Federal funds brokers of recognized standing selected by it
(and, if any such rate is below zero, then the rate determined pursuant to this definition shall be deemed to be zero). 
 “Fee
Letter” means that certain fee letter dated as of the date hereof, among Borrowers and Agent, in form and substance reasonably satisfactory to Agent. 

“Fixed Charges” means, with respect to any fiscal period and with respect to the Borrowers and their Subsidiaries determined
on a Consolidated basis in accordance with GAAP, the sum, without duplication, of (a) Consolidated Interest Charges required to be paid (other than interest
paid-in-kind, amortization of financing fees, and other non-cash Consolidated Interest Charges) during such period, plus
(b) scheduled principal payments in respect of Indebtedness that are required to be paid during such period, plus (c) all amounts paid with respect to Earn-Outs during such period. 

“Fixed Charge Coverage Ratio” means, as of any date of determination and with respect to the Borrowers and their Subsidiaries
determined on a Consolidated basis in accordance with GAAP, the ratio of (a) EBITDA for the twelve month period ending on such date, minus Unfinanced Capital Expenditures made (to the extent not already incurred in a prior period)
or incurred during the twelve month period ending on such date, minus Consolidated Taxes (and for purposes of determining compliance with Section 6.7(e), any Restricted Payment paid during such period) paid in
cash during the twelve (12) month period ending on such date, to (b) Fixed Charges for the twelve (12) month period ending on such date. 

For the purposes of calculating Fixed Charge Coverage Ratio for any Reference Period, if at any time during such Reference Period (and after
the Closing Date), any Loan Party or any of its Subsidiaries shall have made a Permitted Acquisition or Disposition, Fixed Charges and Unfinanced Capital Expenditures for such Reference Period shall be calculated after giving pro forma effect
thereto or in such other manner acceptable to the Required Lenders as if any such Permitted Acquisition or Disposition (and any increase or decrease in EBITDA and the component financial definitions used therein attributable to any Permitted
Acquisition or Disposition) occurred on the first day of such Reference Period. 
 “Flow of Funds Memorandum” means that
certain Funds Flow Memorandum, dated October 1, 2018, in form and substance reasonably satisfactory to Agent and the Required Lenders, delivered by Borrowers to Agent and the Lenders. 

“Foreign Lender” means any Lender or Participant that is not a United States person within the meaning of IRC section
7701(a)(30). 

  
 16 

 “Foreign Subsidiary” means any direct or indirect subsidiary of any Loan
Party that is organized under the laws of any jurisdiction other than the United States, any state thereof or the District of Columbia. 

“FSHCO” means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests of one or more
CFCs. 
 “Funding Losses” has the meaning specified therefor in Section 2.8(b)(ii) of this
Agreement. 
 “GAAP” means generally accepted accounting principles as in effect from time to time in the United States,
consistently applied. 
 “Governing Documents” means, with respect to any Person, the certificate or articles of
incorporation, by-laws, or other organizational documents of such Person. 
 “Governmental
Authority” means the government of any nation or any political subdivision thereof, whether at the national, state, territorial, provincial, county, municipal or any other level, and any agency, authority, instrumentality, regulatory body,
court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of, or pertaining to, government (including any supra-national bodies such as the European Union or the
European Central Bank). 
 “Guarantors” means each Person that becomes a guarantor after the Closing Date pursuant to
Section 5.10 of this Agreement. 
 “Guaranty and Security Agreement” means a guaranty and
security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent and the Required Lenders, executed and delivered by each of the Loan Parties to Agent. 

“Hazardous Materials” means (a) substances that are defined or listed in, or otherwise classified pursuant to, any
applicable laws or regulations as “hazardous substances,” “hazardous materials,” “hazardous wastes,” “toxic substances,” or any other formulation intended to define, list, or classify substances by reason of
deleterious properties such as ignitability, corrosivity, reactivity, carcinogenicity, reproductive toxicity, or “EP toxicity”, (b) oil, petroleum, or petroleum derived substances, natural gas, natural gas liquids, synthetic gas, drilling
fluids, produced waters, and other wastes associated with the exploration, development, or production of crude oil, natural gas, or geothermal resources, (c) any flammable substances or explosives or any radioactive materials, and
(d) asbestos in any form or electrical equipment that contains any oil or dielectric fluid containing levels of polychlorinated biphenyls in excess of 50 parts per million. 

“Hedge Agreement” means a “swap agreement” as that term is defined in Section 101(53B)(A) of the Bankruptcy
Code. 
 “ICD” has the meaning specified therefor in the preamble to this Agreement. 

“ICD Operating” has the meaning specified therefor in the recitals to this Agreement. 

  
 17 

 “Indebtedness” as to any Person means (a) all obligations of such
Person for borrowed money, (b) all obligations of such Person evidenced by bonds, debentures, notes, or other similar instruments and all reimbursement or other obligations in respect of letters of credit, bankers acceptances, or other
financial products, (c) all obligations of such Person as a lessee under Capital Leases, (d) all obligations or liabilities of others secured by a Lien on any asset of such Person, irrespective of whether such obligation or liability is
assumed, (e) all obligations of such Person to pay the deferred purchase price of assets (other than trade payables incurred in the ordinary course of business and repayable in accordance with customary trade practices and, for the avoidance of
doubt, other than royalty payments payable in the ordinary course of business in respect of non-exclusive licenses) and any Earn-Out or similar obligations to the extent
required to be recognized as a liability on the balance sheet of such Person under GAAP, (f) all monetary obligations of such Person owing under Hedge Agreements (which amount shall be calculated based on the amount that would be payable by
such Person if the Hedge Agreement were terminated on the date of determination), (g) any Disqualified Equity Interests of such Person, and (h) any obligation of such Person guaranteeing or intended to guarantee (whether directly or indirectly
guaranteed, endorsed, co-made, discounted, or sold with recourse) any obligation of any other Person that constitutes Indebtedness under any of clauses (a) through (g) above. For purposes of this
definition, (i) the amount of any Indebtedness represented by a guaranty or other similar instrument shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the
guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Indebtedness, and (ii) the amount of any Indebtedness which is limited or is non-recourse to a Person or for which
recourse is limited to an identified asset shall be valued at the lesser of (A) if applicable, the limited amount of such obligations, and (B) if applicable, the fair market value of such assets securing such obligation. 

“Indemnified Liabilities” has the meaning specified therefor in Section 10.3 of this Agreement.

 “Indemnified Person” has the meaning specified therefor in Section 10.3 of this Agreement.

 “Indemnified Taxes” means, (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by,
or on account of any obligation of, any Loan Party under any Loan Document, and (b) to the extent not otherwise described in the foregoing clause (a), Other Taxes. 

“Insolvency Proceeding” means any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or
under any other state or federal bankruptcy or insolvency law, assignments for the benefit of creditors, formal or informal moratoria, compositions, extensions generally with creditors, or proceedings seeking reorganization, arrangement, or other
similar relief. 
 “Intercompany Subordination Agreement” means an intercompany subordination agreement executed and
delivered by each Loan Party and each of its Subsidiaries, and Agent, the form and substance of which is reasonably satisfactory to Agent and the Required Lenders. 

  
 18 

 “Intercreditor Agreement” means the intercreditor agreement, dated as of
the Closing Date, by and among the Agent, the ABL Agent, the other agents party thereto (if any), and the Loan Parties, as may be amended, supplemented, waived or otherwise modified from time to time in accordance with the terms hereof and thereof.

 “Interest Expense” means, for any period, the aggregate of the interest expense of Borrowers and their Subsidiaries for
such period, determined on a Consolidated basis in accordance with GAAP. 
 “Interest Period” means, with respect to each
LIBOR Rate Loan, a period commencing on the date of the making of such LIBOR Rate Loan (or the continuation of a LIBOR Rate Loan or the conversion of a Base Rate Loan to a LIBOR Rate Loan) and ending three (3) months thereafter;
provided, that (a) interest shall accrue at the applicable rate based upon the LIBOR Rate from and including the first day of each Interest Period to, but excluding, the day on which any Interest Period expires, (b) any Interest
Period that would end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business
Day, (c) with respect to an Interest Period that begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period), the Interest Period
shall end on the last Business Day of the calendar month that is three (3) months after the date on which the Interest Period began, as applicable, and (d) Borrowers may not elect an Interest Period which will end after the Maturity Date.

 “Inventory” means inventory (as that term is defined in the Code). 

“Investment” means, with respect to any Person, any investment by such Person in any other Person (including Affiliates) in
the form of loans, guarantees, advances, capital contributions (excluding bona fide accounts receivable arising in the ordinary course of business), or acquisitions of Indebtedness, Equity Interests, or all or substantially all of the assets
of such other Person (or of any division or business line of such other Person), and any other items that are or would be classified as investments on a balance sheet prepared in accordance with GAAP. For purposes of covenant compliance, the amount
of any outstanding Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value, or write-ups, write-downs, or write-offs of such Investment, net of
any repayments thereof. 
 “IRC” means the Internal Revenue Code of 1986, as in effect from time to time. 

“Lender” has the meaning set forth in the preamble to this Agreement, and shall include any other Person made a party to this
Agreement pursuant to the provisions of Section 13.1 of this Agreement and “Lenders” means each of the Lenders or any one or more of them. 

“Lender Group” means each of the Lenders and Agent, or any one or more of them. 

“Lender Group Expenses” means all (a) costs or expenses (including taxes and insurance premiums) required to be paid by
any Loan Party or its Subsidiaries under any of the Loan Documents that are paid, advanced, or incurred by the Lender Group, (b) reasonable documented out-of-pocket
fees or charges paid or incurred by Agent in connection with the Lender Group’s transactions with each Loan Party and its Subsidiaries under any of the Loan Documents, 

  
 19 

 
including, photocopying, notarization, couriers and messengers, telecommunication, public record searches, filing fees, recording fees, publication, real estate surveys, real estate title
policies and endorsements, and environmental audits, (c) Agent’s customary fees and charges imposed or incurred in connection with any background checks or OFAC/PEP searches related to any Loan Party or its Subsidiaries,
(d) reasonable, documented out-of-pocket costs and expenses paid or incurred by the Lender Group to correct any default or enforce any provision of the Loan
Documents, or during the continuance of an Event of Default, in gaining possession of, maintaining, handling, preserving, storing, shipping, selling, preparing for sale, or advertising to sell the Collateral, or any portion thereof, irrespective of
whether a sale is consummated, (e) Agent’s and Lenders’ reasonable, documented out-of-pocket costs and expenses (including reasonable and documented
attorneys’ fees and expenses) relative to third party claims or any other lawsuit or adverse proceeding paid or incurred, whether in enforcing or defending the Loan Documents or otherwise in connection with the transactions contemplated by the
Loan Documents, Agent’s Liens in and to the Collateral, or the Lender Group’s relationship with any Loan Party or any of its Subsidiaries, (f) Agent’s and each Lender’s reasonable and documented costs and expenses (including
reasonable and documented attorneys’ fees and due diligence expenses) incurred in advising, structuring, drafting, reviewing, administering (including travel, meals, and lodging), or amending, waiving, or modifying the Loan Documents,
irrespective of whether such amendments, waivers or modifications become effective, and (g) Agent’s and each Lender’s reasonable and documented costs and expenses (including reasonable and documented attorneys, accountants,
consultants, and other advisors fees and expenses) incurred in terminating, enforcing (including attorneys, accountants, consultants, and other advisors fees and expenses incurred in connection with a “workout,” a
“restructuring,” or an Insolvency Proceeding concerning any Loan Party or any of its Subsidiaries or in exercising rights or remedies under the Loan Documents), or defending the Loan Documents, irrespective of whether a lawsuit or other
adverse proceeding is brought, or in taking any enforcement action or any Remedial Action with respect to the Collateral (provided, that, in each case, the fees and expenses of counsel that shall constitute Lender Group Expenses shall in any event
be limited to one primary counsel to Agent, one primary counsel to the Lenders, taken as a whole, one local counsel to Agent and Lenders taken as a whole in each reasonably necessary jurisdiction, one specialty counsel to Agent and Lenders taken as
a whole in each reasonably necessary specialty area, and one or more additional counsel in each relevant jurisdiction for those Lenders similarly situated solely in the case of an actual or potential conflict of interest). 

“Lender Group Representatives” has the meaning specified therefor in Section 17.8(a) of this
Agreement. 
 “Lender-Related Person” means, with respect to any Lender, such Lender, together with such Lender’s
Affiliates, successors and assigns and the officers, direct and indirect owners, directors, employees, agents, advisors, attorneys, controlling persons and members of each of the foregoing. 

“LIBOR Deadline” has the meaning specified therefor in Section 2.8(b)(i) of this Agreement. 

“LIBOR Notice” means a written notice in the form of Exhibit C to this Agreement. 

  
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 “LIBOR Option” has the meaning specified therefor in
Section 2.8(a) of this Agreement. 
 “LIBOR Rate” means the rate per annum as published by
ICE Benchmark Administration Limited (or any successor page or other commercially available source as the Agent may designate from time to time) as of 11:00 a.m., London time, two Business Days prior to the commencement of the requested Interest
Period, for a term, and in an amount, comparable to the Interest Period and the amount of the LIBOR Rate Loan requested (whether as an initial LIBOR Rate Loan or as a continuation of a LIBOR Rate Loan or as a conversion of a Base Rate Loan to a
LIBOR Rate Loan) by Borrowers in accordance with this Agreement (and, if any such published rate is below 1.50%, then the rate shall be deemed to be 1.50%). Each determination of the LIBOR Rate shall be made by the Agent and shall be conclusive in
the absence of manifest error. 
 If at any time Agent determines (which determination shall be conclusive absent manifest error) that
(i) the circumstances set forth in Section 2.8(d) have arisen and such circumstances are unlikely to be temporary or (ii) the circumstances set forth in Section 2.8(d) have not arisen but
the supervisor for the administrator of the LIBOR Rate or a Governmental Authority having jurisdiction over Agent has made a public statement identifying a specific date after which the LIBOR Rate shall no longer be used for determining interest
rates for loans in Dollars, then the LIBOR Rate shall be (x) replaced by a comparable successor rate that is, at such time, broadly accepted by the syndicated loan market in Dollars in lieu of the LIBOR Rate set forth herein as determined by
Agent or (y) if no such broadly accepted comparable successor rate exists at such time, a successor index rate as Agent may reasonably determine, and Agent and the Borrowers shall enter into an amendment to this Agreement to reflect such
alternate rate of interest and such other related changes to this Agreement as may be applicable. Any such amendment shall become effective at 5:00 p.m. on the fifth Business Day after Agent shall have posted such proposed amendment to all Lenders
and the Borrowers unless, prior to such time, the Required Lenders have delivered to Agent written notice that such Required Lenders do not accept such amendment. 

“LIBOR Rate Loan” means a Loan that bears interest at a rate determined by reference to the LIBOR Rate. 

“Lien” means any mortgage, deed of trust, pledge, hypothecation, assignment, charge, deposit arrangement, encumbrance,
easement, lien (statutory or other), security interest, or other security arrangement and any other preference, priority, or preferential arrangement of any kind or nature whatsoever, including any conditional sale contract or other title retention
agreement, the interest of a lessor under a Capital Lease and any synthetic or other financing lease having substantially the same economic effect as any of the foregoing. 

“Liquidity” means, as of any date of determination, the sum of (a) Availability and (b) unrestricted cash and Cash
Equivalents of the Loan Parties that are deposited in a Deposit Account or Securities Account, as applicable, subject to a Control Agreement (to the extent required to be subject to a Control Agreement pursuant to
Section 5.10 or Section 5.11) as of such date. 
 “Loan” means the Term
Loans, the Delayed Draw Term Loans and any other extension of credit by a Lender to Borrowers under Article 2. 

  
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 “Loan Documents” means this Agreement, the Control Agreements, any
Collateral Access Agreement, the Fee Letter, the Guaranty and Security Agreement, the Intercompany Subordination Agreement, the Intercreditor Agreement, any Note or Notes executed by Borrowers in connection with this Agreement and payable to any
member of the Lender Group, any Mortgage, any copyright security agreement, any patent security agreement, any trademark security agreement, and any other instrument or agreement entered into, now or in the future, by any Loan Party or any of its
Subsidiaries and any member of the Lender Group in connection with this Agreement. 
 “Loan Party” means any Borrower or
any Guarantor. 
 “Margin Stock” as defined in Regulation U of the Board of Governors as in effect from time to time. 

“Material Adverse Effect” means (a) a material adverse change in, or a material adverse effect upon, the financial
condition, results of operations, properties, assets or liabilities of the Loan Parties and their Subsidiaries, taken as a whole, (b) a material impairment of the rights and remedies of the Agent or any Lender under the Loan Documents
(including, without limitation, the Lender Group’s ability to enforce the Obligations or realize upon the Collateral), or of the ability of the Loan Parties, taken as a whole, to perform their obligations under the Loan Documents, (c) a
material adverse effect upon the legality, validity, binding effect or enforceability against the Loan Parties, taken as a whole, of the Loan Documents, or (d) a material adverse change in, or a material adverse effect upon, the enforceability
or priority of Agent’s Liens with respect to all or a material portion of the Collateral. 
 “Material Contract”
means, with respect to any Person, each contract (other than a Loan Document) to which such Person is a party as to which the breach, non-performance, or cancellation by any party thereto would have a Material
Adverse Effect. 
 “Maturity Date” means October 1, 2023. 

“Maximum Credit” has the meaning provided in the ABL Credit Agreement. 

“Measurement Period” means, at any date of determination, the most recently completed four (4) consecutive fiscal
quarter period for which financial statements were required to have been delivered pursuant to the terms of this Agreement. 

“Merger” has the meaning specified therefor in the recitals to this Agreement. 

“Merger Agreement” has the meaning specified therefor in the recitals to this Agreement. 

“Merger Sub” has the meaning specified therefor in the recitals to this Agreement. 

“Moody’s” has the meaning specified therefor in the definition of “Cash Equivalents”. 

“Mortgages” means, collectively, deeds of trust, trust deeds, deeds to secure debt, mortgages, leasehold mortgages and
leasehold deeds of trust encumbering the material Real Property of the Borrowers or any of the other Loan Parties for the benefit of Agent and the Lenders as security for Obligations, in each case, in form and substance reasonably satisfactory to
the Required Lenders. 

  
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 “Multiemployer Plan” means any multiemployer plan within the meaning of
Section 3(37) or 4001(a)(3) of ERISA with respect to which any Loan Party or ERISA Affiliate has an obligation to contribute or has any liability, contingent or otherwise or could be assessed withdrawal liability assuming a complete withdrawal
from any such multiemployer plan. 
 “Net Cash Proceeds” means 

(a) with respect to any Disposition by any Loan Party or any of its Subsidiaries of assets or any Casualty Event, the amount of
cash proceeds received (directly or indirectly) from time to time (whether as initial consideration or through the payment of deferred consideration) by or on behalf of such Loan Party or such Subsidiary, in connection therewith after deducting
therefrom only (a) the amount of any Indebtedness secured by any Permitted Lien on any asset (other than (i) Indebtedness owing to Agent or any Lender under this Agreement or the other Loan Documents and (ii) Indebtedness assumed by
the purchaser of such asset) which is required to be, and is, repaid in connection with such Disposition, (b) reasonable fees, commissions, and expenses related thereto and required to be paid by such Loan Party or such Subsidiary in connection
with such Disposition or Casualty Event, (c) taxes paid or payable to any taxing authorities by such Loan Party or such Subsidiary in connection with such Disposition or Casualty Event, in each case to the extent, but only to the extent, that
the amounts so deducted are, at the time of receipt of such cash, actually paid or payable to a Person that is not an Affiliate of any Loan Party or any of its Subsidiaries, and are properly attributable to such transaction, and (d) all amounts
that are set aside as a reserve (i) for adjustments in respect of the purchase price of such assets, (ii) for any liabilities associated with such Disposition or Casualty Event, to the extent such reserve is required by GAAP, and
(iii) for the payment of unassumed liabilities relating to the assets Disposed of at the time of, or within 30 days after, the date of such Disposition, to the extent that in each case the funds described above in this clause (d) are (x)
deposited into escrow with a third party escrow agent or set aside in a separate Deposit Account that is subject to a Control Agreement in favor of the Controlling Agent, and (y) paid to Agent as a prepayment of the applicable Obligations in
accordance with Section 2.2(d) of this Agreement at such time when such amounts are no longer required to be set aside as such a reserve; provided that, ICD and its Subsidiaries shall be entitled to reinvest any part
of such proceeds (other than proceeds received in connection with the sale or other Disposition of Rig Fleet Equipment), in assets (other than current assets) useful for its business within 365 days of such receipt, and such portion of such proceeds
shall not constitute Net Cash Proceeds except to the extent such proceeds are not so used within 365 days of such receipt; provided, however, that no proceeds (other than proceeds received in connection with the sale or other
Disposition of Rig Fleet Equipment) realized in (x) a single transaction or series of related transactions shall constitute Net Cash Proceeds unless such proceeds net of the amounts described in clauses (a) through (d) above shall exceed
$1,000,000 (it being understood and agreed that transactions involving the same types of assets (A) during a defined time period or frequency or (B) with the same transferees shall constitute a series of related transactions), and
(y) all such transactions shall constitute Net Cash Proceeds unless such proceeds net of the amounts described in clauses (a) through (d) above shall exceed $5,000,000 in the aggregate, and 

  
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 (b) 100% of the cash proceeds from the incurrence, issuance or sale by ICD
or any of its Subsidiaries of any Indebtedness, net of all taxes paid or reasonably estimated to be payable as a result thereof and fees (including investment banking fees and discounts), commissions, costs and other expenses, in each case incurred
in connection with such incurrence, issuance or sale. 
 “Non-Consenting Lender”
has the meaning specified therefor in Section 14.1 of this Agreement. 
 “Notes” means the
promissory notes of each Borrower payable to the order of the applicable Lender evidencing the applicable Loan made by such Lender, in form and substance satisfactory to such Lender. 

“Notice of Borrowing” shall have the meaning set forth in Section 3.2(b). 

“Notification Event” means (a) the occurrence of a “reportable event” described in Section 4043 of ERISA
for which the 30-day notice requirement has not been waived by applicable regulations issued by the PBGC, (b) the withdrawal of any Loan Party or ERISA Affiliate from a Pension Plan during a plan year in
which it was a “substantial employer” as defined in Section 4001(a)(2) of ERISA, (c) the termination of a Pension Plan, the filing of a notice of intent to terminate a Pension Plan or the treatment of a Pension Plan amendment as
a termination, under Section 4041 of ERISA, if the plan assets are not sufficient to pay all plan liabilities, (d) the institution of proceedings to terminate, or the appointment of a trustee with respect to, any Pension Plan by the PBGC
or any Pension Plan or Multiemployer Plan administrator, (e) any other event or condition that would constitute grounds under Section 4042(a) of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan,
(f) the imposition of a Lien pursuant to the IRC or ERISA in connection with any Employee Benefit Plan or the existence of any facts or circumstances that could reasonably be expected to result in the imposition of a Lien, (g) the partial
or complete withdrawal, within the meaning of Section 4201 of ERISA, of any Loan Party or ERISA Affiliate from a Multiemployer Plan, (h) any event or condition that results in the reorganization or insolvency of a Multiemployer Plan under
Sections of ERISA, (i) any event or condition that results in the termination of a Multiemployer Plan under Section 4041A of ERISA or the institution by the PBGC of proceedings to terminate or to appoint a trustee to administer a
Multiemployer Plan under ERISA, (j) any Pension Plan being in “at risk status” within the meaning of IRC Section 430(i), (k) any Multiemployer Plan being in “endangered status” or “critical status” within the
meaning of IRC Section 432(b) or the determination that any Multiemployer Plan is or is reasonably expected to be insolvent or in reorganization within the meaning of Title IV of ERISA, (l) with respect to any Pension Plan, any Loan Party
or ERISA Affiliate incurring a substantial cessation of operations within the meaning of ERISA Section 4062(e), (m) an “accumulated funding deficiency” within the meaning of the IRC or ERISA (including Section 412 of the IRC or
Section 302 of ERISA) or the failure of any Pension Plan to meet the minimum funding standards within the meaning of the IRC or ERISA (including Section 412 of the IRC or Section 302 of ERISA), in each case, whether or not waived,
(n) the filing of an application for a waiver of the minimum funding standards within the meaning of the IRC or ERISA (including 

  
 24 

 
Section 412 of the IRC or Section 302 of ERISA) with respect to any Pension Plan, (o) the failure to make by its due date a required payment or contribution with respect to any
Pension Plan or Multiemployer Plan, (p) any event that results in or could reasonably be expected to result in a material liability by a Loan Party pursuant to Title I of ERISA or the excise tax provisions of the IRC relating to Employee
Benefit Plans or any event that results in or could reasonably be expected to result in a material liability to any Loan Party or ERISA Affiliate pursuant to Title IV of ERISA or Section 401(a)(29) of the IRC, or (q) any of the foregoing
is reasonably likely to occur in the following 30 days. 
 “Obligations” means all loans (including the Loans), debts,
principal, interest (including any interest that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), reimbursement or
indemnification obligations with respect to letters of credit (irrespective of whether contingent), premiums (including, without limitation, Prepayment Premium), Funding Losses, if any, liabilities (including all amounts charged to the Loan Account
pursuant to this Agreement), obligations (including indemnification obligations), fees (including the fees provided for in the Fee Letter), Lender Group Expenses (including any fees or expenses that accrue after the commencement of an Insolvency
Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), guaranties, and all covenants and duties of any other kind and description owing by any Loan Party arising out of, under,
pursuant to, in connection with, or evidenced by this Agreement or any of the other Loan Documents and irrespective of whether for the payment of money, whether direct or indirect, absolute or contingent, due or to become due, now existing or
hereafter arising, and including all interest not paid when due and all other expenses or other amounts that any Loan Party is required to pay or reimburse by the Loan Documents or by law or otherwise in connection with the Loan Documents. Without
limiting the generality of the foregoing, the Obligations of Borrowers under the Loan Documents include the obligation to pay (i) the principal of the Loans, (ii) interest accrued on the Loans, (iii) Lender Group Expenses,
(iv) fees payable under this Agreement or any of the other Loan Documents, and (v) indemnities and other amounts payable by any Loan Party under any Loan Document. Any reference in this Agreement or in the Loan Documents to the Obligations
shall include all or any portion thereof and any extensions, modifications, renewals, or alterations thereof, both prior and subsequent to any Insolvency Proceeding. 

“OFAC” means The Office of Foreign Assets Control of the U.S. Department of the Treasury. 

“Originating Lender” has the meaning specified therefor in Section 13.1(e) of this Agreement. 

“Other Connection Taxes” means, with respect to any Lender, Participant or Recipient Agent, Taxes imposed as a result of a
present or former connection between such Lender, Participant or Recipient Agent and the jurisdiction or taxing authority imposing the Tax (other than any such connection arising solely from such Lender or such Participant having executed, delivered
or performed its obligations or received payment under, or enforced its rights or remedies under this Agreement or any other Loan Document). 

  
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 “Other Taxes” means all present or future stamp, court, or documentary,
intangible, recording, filing or similar excise or other Taxes that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or
otherwise with respect to, any Loan Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment. 

“Participant” has the meaning specified therefor in Section 13.1(e) of this Agreement. 

“Participant Register” has the meaning set forth in Section 13.1(i) of this Agreement. 

“Patriot Act” has the meaning specified therefor in Section 4.13 of this Agreement. 

“Payment Conditions” means, at the time of determination with respect to any specified transaction or payment the following:

 (a) as of the date of any such transaction or payment, and after giving effect thereto, no Event of Default shall exist or have occurred
and be continuing; 
 (b) as of the date of any such transaction or payment, and after giving effect thereto, either: 

(i) the Excess Availability for the immediately preceding thirty (30) consecutive day period shall be not less twenty-five percent (25%)
of the Maximum Credit and, after giving effect to the transaction or payment, on a pro forma basis using the most recent calculation of the Borrowing Base immediately prior to any such payment or transaction, the Excess Availability shall be not
less than such amount; or 
 (ii) both (A) the Excess Availability for the immediately preceding thirty (30) consecutive day period
shall be not less than twenty percent (20%) of the Maximum Credit and, after giving effect to the transaction or payment, on a pro forma basis using the most recent calculation of the Borrowing Base immediately prior to any such payment or
transaction, the Excess Availability shall be not less than such amount, and (B) as of the date of any such transaction or payment, and after giving effect thereto, on a pro forma basis, the Fixed Charge Coverage Ratio of ICD and its
Subsidiaries for the immediately preceding twelve (12) consecutive fiscal months ending on the last day of the applicable fiscal period prior to the date of such payment or transaction for which the Lenders have received financial statements
shall be at least 1.00 to 1.00; and 
 (c) the Lenders shall have received a certificate of an Authorized Person of the Administrative
Borrower certifying as to compliance with the preceding clauses and demonstrating (in reasonable detail) the calculations required thereby. 

“PBGC” means the Pension Benefit Guaranty Corporation or any successor agency. 

“Pension Plan” means any Employee Benefit Plan, other than a Multiemployer Plan, which is subject to the provisions of Title
IV or Section 302 of ERISA or Sections 412 or 430 of the Code sponsored, maintained, or contributed to by any Loan Party or ERISA Affiliate or to which any Loan Party or ERISA Affiliate has any liability, contingent or otherwise. 

  
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 “Perfection Certificate” means that certain Perfection Certificate, dated
as of the date hereof, by each Loan Party in favor of the Agent, in form and substance satisfactory to the Agent and the Required Lenders. 

“Permitted Acquisition” means any Acquisition so long as: 

(a) no Default or Event of Default shall have occurred and be continuing or would result from the consummation of the proposed
Acquisition, 
 (b) after giving pro forma effect to such Acquisition, the Loan Parties shall have complied with their
obligations in Section 7, 
 (c) such Acquisition shall have been approved by the Board of
Directors of the Person which is the subject of such Acquisition and such Person shall not have announced that it will oppose such Acquisition or shall not have commenced any action which alleges that such Acquisition shall violate applicable Law,

 (d) any acquired or newly formed Subsidiary shall not be liable for any Indebtedness except for Permitted Indebtedness,

 (e) Borrowers have provided Lenders with its due diligence package relative to the proposed Acquisition, including
forecasted balance sheets, profit and loss statements, and cash flow statements of the Person or assets to be acquired, all prepared on a basis consistent with such Person’s (or assets’) historical financial statements, together with
appropriate supporting details and a statement of underlying assumptions for the one year period following the date of the proposed Acquisition, on a quarter by quarter basis), in form (including as to scope and underlying assumptions) reasonably
satisfactory to the Required Lenders; provided that such due diligence package shall only be required to be delivered by Borrowers for Acquisitions with a Purchase Price in excess of $5,000,000, 

(f) Borrowers have provided Lenders with written notice of the proposed Acquisition at least fifteen (15) Business Days
prior to the anticipated closing date of the proposed Acquisition and, not later than five (5) Business Days prior to the anticipated closing date of the proposed Acquisition, copies of the acquisition agreement and other material documents
relative to the proposed Acquisition, which agreement and documents must be reasonably acceptable to the Required Lenders, 

(g) the assets being acquired (other than a de minimis amount of assets in relation to the total assets of the Borrowers
and their Subsidiaries), or the Person whose Equity Interests are being acquired, are useful in or engaged in, as applicable, the business of the Loan Parties and their Subsidiaries or a business reasonably related thereto, 

(h) the assets being acquired (other than a de minimis amount of assets in relation to the assets being acquired) are
located within the United States or the Person whose Equity Interests are being acquired is organized in a jurisdiction located within the United States, 

  
 27 

 (i) the subject assets or Equity Interests, as applicable, are being
acquired directly by a Borrower or one of its Subsidiaries that is a Loan Party, and, in connection therewith, the applicable Loan Party shall have complied with Section 5.10 or Section 5.11 of
this Agreement, as applicable, of this Agreement and, in the case of an acquisition of Equity Interests, the Person whose Equity Interests are acquired shall become a Loan Party and the applicable Loan Party shall have demonstrated to the Lenders
that the new Loan Parties have received consideration sufficient to make the joinder documents binding and enforceable against such new Loan Parties, and 

(j) the aggregate cash Purchase Price paid by or on behalf of the Borrowers and their Subsidiaries for any such Acquisition
(excluding any Acquisition funded solely with the proceeds of equity contributions), when aggregated with the aggregate cash Purchase Price paid by or on behalf of the Borrowers and their Subsidiaries for all other Acquisitions made by the Borrowers
and their Subsidiaries in accordance with this definition, shall not exceed $25,000,000.  
 “Permitted Discretion”
means, with respect to any Person, a determination or judgment by such Person made exercising reasonable (from the perspective of a secured asset-based lender) credit or business judgment in good faith. 

“Permitted Dispositions” means: 

(a) sales, abandonment, or other Dispositions of Equipment (excluding Rig Fleet Equipment) that is substantially worn, damaged,
or obsolete or no longer used or useful in the ordinary course of business and leases or subleases of Real Property not useful in the conduct of the business of the Loan Parties and their Subsidiaries, 

(b) sales of Inventory to buyers in the ordinary course of business, 

(c) the use or transfer of money or Cash Equivalents in a manner that is not prohibited by the terms of this Agreement or the
other Loan Documents, 
 (d) the licensing, on a non-exclusive basis, of patents,
trademarks, copyrights, and other intellectual property rights in the ordinary course of business, 
 (e) the granting of
Permitted Liens, 
 (f) the sale or discount, in each case without recourse, of accounts receivable arising in the ordinary
course of business, but only in connection with the compromise or collection thereof, 
 (g) any involuntary loss, damage or
destruction of property, 
 (h) any involuntary condemnation, seizure or taking, by exercise of the power of eminent domain
or otherwise, or confiscation or requisition of use of property, 
 (i) the leasing or subleasing of assets of any Loan Party
or its Subsidiaries in the ordinary course of business, 

  
 28 

 (j) the sale or issuance of Equity Interests (other than Disqualified Equity
Interests) of Borrowers, 
 (k) (i) the lapse of registered patents, trademarks, copyrights and other intellectual
property of any Loan Party or any of its Subsidiaries to the extent not economically desirable in the conduct of its business, or (ii) the abandonment of patents, trademarks, copyrights, or other intellectual property rights in the ordinary
course of business so long as (in each case under clauses (i) and (ii)), (A) with respect to copyrights, such copyrights are not material revenue generating copyrights, and (B) such lapse is not materially adverse to the interests of the
Lender Group, 
 (l) the making of Restricted Payments that are expressly permitted to be made pursuant to this Agreement,

 (m) the making of Permitted Investments, 

(n) so long as no Event of Default has occurred and is continuing or would immediately result therefrom, transfers of assets
(i) from any Loan Party or any of its Subsidiaries to a Loan Party, and (ii) from any Subsidiary of any Loan Party that is not a Loan Party to any other Subsidiary of any Loan Party, 

(o) dispositions of Equipment (excluding Rig Fleet Equipment) to the extent that (i) such property is exchanged for credit
against the purchase price of similar replacement property, or (ii) the Net Cash Proceeds of such disposition are applied within 365 days following the applicable Loan Party’s or Subsidiary’s receipt of such Net Cash Proceeds to the
purchase price of Equipment useful in the Loan Parties’ business; provided, that (A) to the extent the property being transferred constitutes Collateral, such replacement property shall constitute Collateral, (B) the applicable
Loan Party or its Subsidiary receives at least the fair market value of the assets so disposed, and (C) if all or any portion of such Net Cash Proceeds is not so reinvested within such 365-day period, an
amount equal to such remaining portion shall be applied within five (5) Business Days of the last day of such 365-day period in accordance with Section 2.2(d)(i), 

(p) sales or other dispositions of Rig Fleet Equipment not to exceed $25,000,000 in the aggregate in any fiscal year, so long
as (i) no Default or Event of Default has occurred and is continuing or would immediately result therefrom, and (ii) each such sale or disposition is in an arm’s-length transaction with a third
party and the applicable Loan Party or its Subsidiary receives at least the fair market value of the assets so disposed, 

(q) sales or other dispositions of assets (excluding Rig Fleet Equipment, other Equipment and, except as permitted by clause
(f) above, the sale or discount of accounts receivable) not otherwise permitted in clauses (a) through (q) above so long as (i) no Default or Event of Default has occurred and is continuing or would immediately result therefrom,
(ii) each such sale or disposition is in an arm’s-length transaction and the applicable Loan Party or its Subsidiary receives at least the fair market value of the assets so disposed, and
(iii) the consideration received by the applicable Loan Party or its Subsidiary consists of at least 75% cash and Cash Equivalents and is paid at the time of the closing of such sale or disposition, and 

  
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 (r) sales or other dispositions of assets (excluding Rig Fleet Equipment
and, except as permitted by clause (f) above, the sale or discount of accounts receivable) not otherwise permitted in clauses (a) through (q) above not exceeding $5,000,000 during the term of this Agreement. 

“Permitted Holder” means MSD PCOF Partners IV, LLC and its Affiliates. 

“Permitted Indebtedness” means: 

(a) Indebtedness in respect of the Obligations, 

(b) Indebtedness as of the Closing Date set forth on Schedule 4.14 to this Agreement and any Refinancing Indebtedness in
respect of such Indebtedness, 
 (c) Permitted Purchase Money Indebtedness and any Refinancing Indebtedness in respect of
such Indebtedness, 
 (d) Indebtedness arising in connection with the endorsement of instruments or other payment items for
deposit, 
 (e) Indebtedness consisting of (i) unsecured guarantees incurred in the ordinary course of business with
respect to surety and appeal bonds, performance bonds, bid bonds, appeal bonds, completion guarantee and similar obligations, and (ii) unsecured guarantees arising with respect to customary indemnification obligations to purchasers in
connection with Permitted Dispositions, 
 (f) Indebtedness incurred in the ordinary course of business in respect of credit
cards, credit card processing services, debit cards, stored value cards, commercial cards (including so-called “purchase cards”, “procurement cards” or
“p-cards”), or cash management services, 
 (g) contingent liabilities in
respect of any indemnification obligation, adjustment of purchase price, non-compete, or similar obligation of any Loan Party incurred in connection with the consummation of one or more Permitted Acquisitions,

 (h) to the extent constituting Indebtedness, Permitted Investments, 

(i) unsecured Indebtedness incurred in respect of netting services, overdraft protection, and other like services, in each
case, incurred in the ordinary course of business, 
 (j) unsecured Indebtedness of any Loan Party or its Subsidiaries, in an
aggregate outstanding amount not to exceed $10,000,000, in respect of Earn-Outs owing to sellers of assets or Equity Interests to such Loan Party or its Subsidiaries that is incurred in connection with the consummation of one or more Permitted
Acquisitions so long as such unsecured Indebtedness is on terms and conditions reasonably acceptable to the Required Lenders, 

  
 30 

 (k) accrual of interest, accretion or amortization of original issue
discount, or the payment of interest in kind, in each case, on Indebtedness that otherwise constitutes Permitted Indebtedness, 

(l) unsecured Indebtedness of any Loan Party owing to employees, former employees, former officers, directors, or former
directors (or any spouses, ex-spouses, or estates of any of the foregoing) incurred in connection with the repurchase or redemption by such Loan Party of the Equity Interests of ICD that has been issued to
such Persons permitted by Section 6.7, 
 (m) Indebtedness under the ABL Documents and, to the
extent not prohibited by the Intercreditor Agreement, any Refinancing Indebtedness thereof, in each case in an aggregate principal amount not to exceed the ABL Cap (as defined in the Intercreditor Agreement), 

(n) Indebtedness owed to any Person to finance property, casualty, liability or other insurance to any Loan Party or any of its
Subsidiaries, so long as the amount of such Indebtedness is not in excess of the amount of the unpaid cost of, and shall be incurred only to defer the cost of, such insurance for the year in which such Indebtedness is incurred and such Indebtedness
is outstanding only during such year, 
 (o) the incurrence by any Loan Party or its Subsidiaries of Indebtedness under Hedge
Agreements that is incurred for the bona fide purpose of hedging the interest rate, commodity, or foreign currency risks associated with such Loan Party’s or such Subsidiary’s operations and not for speculative purposes, 

(p) unsecured Acquired Indebtedness in an amount not to exceed $15,000,000 outstanding at any one time so long as (i) the
aggregate annual amortization with respect to such Acquired Indebtedness does not exceed 2.5% of the principal amount of such Acquired Indebtedness and (ii) such Acquired Indebtedness does not have any principal payments being made prior to the
date that is six (6) months after the Maturity Date, and 
 (q) any other unsecured Indebtedness incurred by any Loan
Party or any of its Subsidiaries in an aggregate outstanding amount not to exceed $15,000,000. 
 “Permitted Intercompany
Advances” means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Loan Party that is not a Loan Party to another Subsidiary of a Loan Party that is not a Loan Party, and (c) a Subsidiary of a Loan
Party that is not a Loan Party to a Loan Party, so long as (i) the parties thereto are party to an Intercompany Subordination Agreement and (ii) in the case of clause (c), such Indebtedness is permitted by clause (m) of the definition
of “Permitted Indebtedness”. 
 “Permitted Investments” means: 

(a) Investments in cash and Cash Equivalents, 

  
 31 

 (b) Investments in negotiable instruments deposited or to be deposited for
collection in the ordinary course of business, 
 (c) advances made in connection with purchases and acquisitions of
Inventory, supplies, materials, equipment, goods, services, contract rights, or licenses or leases of intellectual property, in each case, in the ordinary course of business, 

(d) Investments received in settlement of amounts due to any Loan Party or any of its Subsidiaries effected in the ordinary
course of business or owing to any Loan Party or any of its Subsidiaries as a result of Insolvency Proceedings involving an account debtor or upon the foreclosure or enforcement of any Lien in favor of a Loan Party or its Subsidiaries, 

(e) Investments owned by any Loan Party or any of its Subsidiaries on the Closing Date and set forth on Schedule P-1 to this Agreement, 
 (f) guarantees permitted under the definition of
“Permitted Indebtedness”, 
 (g) Permitted Intercompany Advances, 

(h) Equity Interests or other securities acquired in connection with the satisfaction or enforcement of Indebtedness or claims
due or owing to a Loan Party or its Subsidiaries (in bankruptcy of customers or suppliers or otherwise outside the ordinary course of business) or as security for any such Indebtedness or claims, 

(i) deposits of cash made in the ordinary course of business to secure performance of operating leases, 

(j) (i) non-cash loans and advances to employees, officers, and directors of a
Loan Party or any of its Subsidiaries for the purpose of purchasing Equity Interests in ICD so long as the proceeds of such loans are used in their entirety to purchase such Equity Interests in ICD, and (ii) loans and advances to employees and
officers of a Loan Party or any of its Subsidiaries in the ordinary course of business for any other business purpose and in an aggregate amount not to exceed $1,000,000 at any one time, 

(k) Permitted Acquisitions, 

(l) Investments in the form of capital contributions and the acquisition of Equity Interests made by any Loan Party in any
other Loan Party (other than capital contributions to or the acquisition of Equity Interests of ICD), 
 (m) Investments
resulting from entering into (i) bank product agreements or (ii) Hedge Agreements permitted by clause (o) of the definition of “Permitted Indebtedness”, 

(n) equity Investments by any Loan Party in any Subsidiary of such Loan Party which is required by law to maintain a minimum
net capital requirement or as may be otherwise required by applicable law, 

  
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 (o) Investments held by a Person acquired in a Permitted Acquisition to the
extent that such Investments were not made in contemplation of or in connection with such Permitted Acquisition and were in existence on the date of such Permitted Acquisition, 

(p) Investments consisting of non-cash consideration received in connection with
Permitted Dispositions, so long as the non-cash consideration received in connection with any Permitted Disposition does not exceed 25% of the total consideration received in connection with such Permitted
Disposition, 
 (q) Investments consisting of the licensing or contribution of intellectual property, in each case, on a non-exclusive basis, pursuant to joint marketing arrangements with other Persons, 
 (r)
Investments consisting of earnest money deposits required in connection with a purchase agreement, or letter of intent, or other acquisitions to the extent not otherwise prohibited hereunder, 

(s) contributions to a “rabbi” trust for the benefit of employees or other grantor trust subject to claims of
creditors in the case of a bankruptcy of any Loan Party or any of its Subsidiaries, 
 (t) so long as no Event of Default has
occurred and is continuing or would result therefrom, any other Investments in an aggregate amount not to exceed $5,000,000, and 

(u) so long as no Event of Default has occurred and is continuing or would result therefrom, any other Investments in the form
of cash in an aggregate amount not to exceed the portion, if any, of the Available Amount that the Loan Parties elect to apply to this clause (u), such election to be specified in a written notice of an Authorized Person of the Administrative
Borrower calculating in reasonable detail the amount of the Available Amount immediately prior to such election and the amount thereof to be so applied. 

“Permitted Liens” means: 

(a) Liens granted to, or for the benefit of, Agent to secure the Obligations, 

(b) Liens for unpaid taxes, assessments, or other governmental charges or levies that either (i) are not yet delinquent,
or (ii) do not have priority over Agent’s Liens and the underlying taxes, assessments, or charges or levies are the subject of Permitted Protests, 

(c) judgment Liens arising solely as a result of the existence of judgments, orders, or awards that do not constitute an Event
of Default under Section 8.3 of this Agreement, 
 (d) Liens set forth on Schedule P-2 to this Agreement; provided, that to qualify as a Permitted Lien, any such Lien described on Schedule P-2 to this Agreement shall only secure the
Indebtedness that it secures on the Closing Date and any Refinancing Indebtedness in respect thereof, 

  
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 (e) the interests of lessors under operating leases and non-exclusive licensors under license agreements, 
 (f) Liens on fixed or capital assets
or the interests of lessors under Capital Leases permitted under clause (c) of the definition of “Permitted Indebtedness” and so long as (i) such Lien attaches only to the fixed asset purchased or acquired and the proceeds
thereof, and (ii) such Lien only secures the Indebtedness that was incurred to acquire the fixed asset purchased or acquired or any Refinancing Indebtedness in respect thereof, 

(g) Liens arising by operation of law in favor of warehousemen, landlords, carriers, mechanics, materialmen, laborers, or
suppliers, incurred in the ordinary course of business and not in connection with the borrowing of money, and which Liens either (i) are for sums not yet delinquent, or (ii) are the subject of Permitted Protests, 

(h) Liens on amounts deposited to secure ICD’s and its Subsidiaries’ obligations in connection with worker’s
compensation or other unemployment insurance, 
 (i) Liens on amounts deposited to secure ICD’s and its
Subsidiaries’ obligations in connection with the making or entering into of bids, tenders, or leases in the ordinary course of business and not in connection with the borrowing of money, 

(j) Liens on amounts deposited to secure ICD’s and its Subsidiaries’ reimbursement obligations with respect to surety
or appeal bonds obtained in the ordinary course of business, 
 (k) with respect to any Real Property, easements, rights of
way, and zoning restrictions that do not materially interfere with or impair the use or operation thereof, 
 (l) non-exclusive licenses of patents, trademarks, copyrights, and other intellectual property rights in the ordinary course of business, 

(m) Liens that are replacements of Permitted Liens to the extent that the original Indebtedness is the subject of permitted
Refinancing Indebtedness and so long as the replacement Liens only encumber those assets that secured the original Indebtedness, 

(n) rights of setoff or bankers’ liens upon deposits of funds in favor of banks or other depository institutions, solely
to the extent incurred in connection with the maintenance of such Deposit Accounts in the ordinary course of business, 
 (o)
Liens solely on any cash earnest money deposits made by a Loan Party or any of its Subsidiaries in connection with any letter of intent or purchase agreement with respect to a Permitted Acquisition, 

(p) Liens on Collateral securing the Indebtedness permitted under clauses (f), (m) or (o) of the definition of
“Permitted Indebtedness” to the extent such Liens are subject to the Intercreditor Agreement, and 

  
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 (q) Liens granted in the ordinary course of business on the unearned portion
of insurance premiums securing the financing of insurance premiums to the extent (i) such financing is permitted under clause (n) the definition of “Permitted Indebtedness” and (ii) the aggregate amount of Indebtedness
secured by such Liens does not exceed $5,000,000. 
 “Permitted Protest” means the right of any Loan Party or any of its
Subsidiaries to protest any Lien (other than any Lien that secures the Obligations), taxes (other than payroll taxes or taxes that are the subject of a United States federal tax lien), or rental payment; provided, that (a) a reserve with
respect to such obligation is established on such Loan Party’s or its Subsidiaries’ books and records in such amount as is required under GAAP, (b) any such protest is instituted promptly and prosecuted diligently by such Loan Party
or its Subsidiary, as applicable, in good faith, and (c) Agent and the Required Lenders are satisfied that, while any such protest is pending, there will be no impairment of the enforceability, validity, or priority of any of Agent’s
Liens. 
 “Permitted Purchase Money Indebtedness” means, as of any date of determination, Indebtedness (other than the
Obligations, but including Capitalized Lease Obligations) at the time of, or within 60 days after, the acquisition of any fixed assets (other than Rig Fleet Equipment) for the purpose of financing all or any part of the acquisition cost thereof, in
an aggregate principal amount outstanding not in excess of $15,000,000 at any one time. 
 “Person” means natural persons,
corporations, limited liability companies, limited partnerships, general partnerships, limited liability partnerships, joint ventures, trusts, land trusts, business trusts, or other organizations, irrespective of whether they are legal entities, and
governments and agencies and political subdivisions thereof. 
 “Platform” has the meaning specified therefor in
Section 17.8(c) of this Agreement. 
 “Prepayment Premium” means as of any Settlement Date, an
amount equal to the percentage of the Called Principal of the Loans set forth in the table below opposite the applicable period in which a prepayment occurs: 

 

			
	 Period
	  	 Percentage of Called

Principal of the Loans

	The date following the Closing Date through and including the second anniversary of the Closing Date	  	2%
		
	The date following the second anniversary of the Closing Date through and including the third anniversary of the Closing Date	  	1%
		
	At all times after the third anniversary of the Closing Date	  	0%

  
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 “Projections” means Borrowers’, on a Consolidated basis, forecasted
(a) balance sheets, (b) profit and loss statements, and (c) cash flow statements, all prepared on a basis consistent with Borrowers’ historical financial statements, together with appropriate supporting details and a statement of
underlying assumptions. 
 “Pro Rata Share” means with respect to each Lender, as of any date of determination, a fraction
(expressed as a percentage, carried out to the ninth decimal place), the numerator of which is the amount of the applicable Loan or Loans of such Lender on such date and the denominator of which is the amount of the applicable Loan or Loans on such
date. 
 “Purchase Price” means, with respect to any Acquisition, an amount equal to the aggregate consideration, whether
cash, property or securities (including the maximum amount of Earn-Outs), paid or delivered by a Loan Party or one of its Subsidiaries in connection with such Acquisition (whether paid at the closing thereof or payable thereafter and whether fixed
or contingent), but excluding therefrom (a) any cash of the seller and its Affiliates used to fund any portion of such consideration, and (b) any cash or Cash Equivalents acquired in connection with such Acquisition. 

“Qualified Equity Interests” means and refers to any Equity Interests issued by ICD (and not by one or more of its
Subsidiaries) that is not a Disqualified Equity Interest. 
 “Real Property” means any estates or interests in real
property now owned or hereafter acquired by any Loan Party or one of its Subsidiaries and the improvements thereto. 
 “Recipient
Agent” means an agent that receives payments on behalf of the Lenders and the Participants. 
 “Record” means
information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. 

“Reference Period” has the meaning set forth in the definition of “EBITDA”. 

“Refinancing Indebtedness” means refinancings, renewals, or extensions of Indebtedness (other than Indebtedness in respect of
the Obligations) so long as: 
 (a) such refinancings, renewals, or extensions do not result in an increase in the principal
amount of the Indebtedness so refinanced, renewed, or extended, other than by the amount of premiums paid thereon and the fees and expenses incurred in connection therewith and by the amount of unfunded commitments with respect thereto, 

(b) such refinancings, renewals, or extensions do not result in a shortening of the final stated maturity or the average
weighted maturity (measured as of the refinancing, renewal, or extension) of the Indebtedness so refinanced, renewed, or extended, nor (except in the case of ABL Indebtedness) are they on terms or conditions that, taken as a whole, are or could
reasonably be expected to be materially adverse to the interests of the Lenders, nor (in the case of ABL Indebtedness) are they on terms and conditions which contravene the Intercreditor Agreement, 

  
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 (c) if the Indebtedness that is refinanced, renewed, or extended was
subordinated in right of payment and/or lien priority to the Obligations, then the terms and conditions of the refinancing, renewal, or extension must include subordination terms and conditions that are at least as favorable to the Lender Group as
those that were applicable to the refinanced, renewed, or extended Indebtedness, 
 (d) the Indebtedness that is refinanced,
renewed, or extended is not recourse to any Person that is liable on account of the Obligations other than those Persons which were obligated with respect to the Indebtedness that was refinanced, renewed, or extended, 

(e) if the Indebtedness that is refinanced, renewed or extended was unsecured, such refinancing, renewal or extension shall be
unsecured, 
 (f) if the Indebtedness (other than ABL Indebtedness) that is refinanced, renewed, or extended was secured
(i) such refinancing, renewal, or extension shall be secured by the same or less collateral as secured such refinanced, renewed or extended Indebtedness on terms no less favorable to Agent or the Lender Group and (ii) the Liens securing
such refinancing, renewal or extension shall not have a priority more senior than the Liens securing such Indebtedness that is refinanced, renewed or extended, and 

(g) if the Indebtedness that is refinanced, renewed or extended was ABL Indebtedness, the Liens securing such refinancing,
renewal or extension shall be subject to the Intercreditor Agreement. 
 “Register” has the meaning set forth in
Section 13.1(h) of this Agreement. 
 “Registered Loan” has the meaning set forth in
Section 13.1(h) of this Agreement. 
 “Related Fund” means any Person (other than a natural
person) that is engaged in making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course and that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender, or
(c) an entity or an Affiliate of an entity that administers, advises or manages a Lender. 
 “Remedial Action” means
all actions taken to (a) clean up, remove, remediate, contain, treat, monitor, assess, evaluate, or in any way address Hazardous Materials in the indoor or outdoor environment, (b) prevent or minimize a release or threatened release of
Hazardous Materials so they do not migrate or endanger or threaten to endanger public health or welfare or the indoor or outdoor environment, (c) restore or reclaim natural resources or the environment, (d) perform any pre-remedial studies, investigations, or post-remedial operation and maintenance activities, or (e) conduct any other actions with respect to Hazardous Materials required by Environmental Laws. 

“Replacement Lender” has the meaning specified therefor in Section 2.9(b) of this Agreement. 

“Replacement Notice” has the meaning specified therefor in Section 14.2 of this Agreement. 

“Report” has the meaning specified therefor in Section 15.16 of this Agreement. 

  
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 “Required Lenders” means, at any time, Lenders holding in the aggregate
more than 50% of the aggregate outstanding principal amount of the Loans at such time. 
 “Restricted Payment” means
(a) any declaration or payment of any dividend or the making of any other payment or distribution, directly or indirectly, on account of Equity Interests issued by ICD or any of its Subsidiaries (including any payment in connection with any
merger or consolidation involving such Person) or to the direct or indirect holders of Equity Interests issued by ICD or any of its Subsidiaries (other than dividends or distributions payable in Qualified Equity Interests issued by ICD or any of its
Subsidiaries), (b) any purchase, redemption, making of any sinking fund or similar payment, or other acquisition or retirement for value (including in connection with any merger or consolidation involving such Person) any Equity Interests issued by
ICD or any of its Subsidiaries, or (c) any making of any payment to retire, or to obtain the surrender of, any outstanding warrants, options, or other rights to acquire Equity Interests of ICD or any of its Subsidiaries now or hereafter
outstanding. 
 “Rig” means any land-based drilling and workover rig owned by any Loan Party, together with all Rig
Accessories that are installed on or affixed to such Rig. 
 “Rig Accessories” means pumps, drilling equipment, machinery,
equipment, forklifts, bulldozers and other parts necessary or useful for the drilling operation of any Rig. 
 “Rig Fleet
Equipment” means any Loan Party’s Rigs and partial Rigs and Equipment related to such Rigs and partial Rigs. 

“Sanctioned Entity” means (a) a country, territory or region or a government of a country, territory or region,
(b) an agency of the government of a country, territory or region (c) an organization directly or indirectly controlled by a country, territory or region or its government, or (d) a Person resident in or determined to be resident in a
country, territory or region in each case of clauses (a) through (d) that is a target of Sanctions, including a target of any country, territory or region sanctions program administered and enforced by OFAC. 

“Sanctioned Person” means, at any time (a) any Person named on the list of Specially Designated Nationals and Blocked
Persons maintained by OFAC, OFAC’s consolidated Non-SDN list or any other Sanctions-related list maintained by any Governmental Authority, (b) a Person or legal entity that is a target of Sanctions,
(c) any Person operating, organized or resident in a Sanctioned Entity, or (d) any Person directly or indirectly owned or controlled (individually or in the aggregate) by or acting on behalf of any such Person or Persons described in
clauses (a) through (c) above. 
 “Sanctions” means individually and collectively, respectively, any and all economic
sanctions, trade sanctions, financial sanctions, sectoral sanctions, secondary sanctions, trade embargoes, anti-terrorism laws and other sanctions laws, regulations or embargoes, including those imposed, administered or enforced from time to time
by: (a) the United States of America, including those administered by OFAC, the U.S. Department of State, the U.S. Department of Commerce, or through any existing or future executive order, (b) the United Nations Security Council,
(c) the European Union or any European Union member state, (d) Her Majesty’s Treasury of the United Kingdom, or (e) any other Governmental Authority with jurisdiction over any member of Lender Group or any Loan Party or any of
their respective Subsidiaries or Affiliates. 

  
 38 

 “S&P” has the meaning specified therefor in the definition of
“Cash Equivalents”. 
 “SEC” means the United States Securities and Exchange Commission and any successor
thereto. 
 “Securities Account” means a securities account (as that term is defined in the Code). 

“Securities Act” means the Securities Act of 1933, as amended from time to time, and any successor statute. 

“Settlement Date” means, with respect to any Called Principal of the Loans, the date on which such Called Principal is to be
prepaid pursuant to Section 2.2(c) or Section 2.2(d)(i) or has become or is declared to be immediately due and payable pursuant to Section 9.1, as the context requires.

 “Sidewinder” has the meaning specified therefor in the recitals to this Agreement. 

“Solvent” means, with respect to any Person as of any date of determination, that (a) at fair valuations, the sum of
such Person’s debts (including contingent liabilities) is less than all of such Person’s assets, (b) such Person is not engaged or about to engage in a business or transaction for which the remaining assets of such Person are
unreasonably small in relation to the business or transaction or for which the property remaining with such Person is an unreasonably small capital, (c) such Person has not incurred and does not intend to incur, or reasonably believe that it
will incur, debts beyond its ability to pay such debts as they become due (whether at maturity or otherwise), and (d) such Person is “solvent” or not “insolvent”, as applicable within the meaning given those terms and
similar terms under applicable laws relating to fraudulent transfers and conveyances. For purposes of this definition, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and
circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under Statement of Financial
Accounting Standard No. 5). 
 “Specified Merger Agreement Representations” means the representations made by or on
behalf of Sidewinder, its Subsidiaries and their respective businesses in the Merger Agreement as are material to the interests of the Lenders, but only to the extent that Merger Sub (or any of its applicable Affiliates) has the right to terminate
its (or their) obligations under the Merger Agreement or decline to consummate the Merger as a result of the breach of such representations. 

“Specified Representations” means the representations and warranties set forth in Sections 4.1(a)(ii),
4.2(b)(i) (as it relates to no conflict with the Governing Documents of any Loan Party and laws or regulations applicable to any Loan Party), 4.2(b)(ii) (as it relates to no conflict with Material Contracts that relate to
Indebtedness), 4.2(a) and 4.4(a) (in each case, as it relates to the due authorization, execution, delivery and performance of the Loan Documents and enforceability thereof), 4.4(b), 4.9, 4.13(b), 4.16,
4.17 and 4.18 (solely as to the last sentence thereof). 

  
 39 

 “Subsidiary” of a Person means a corporation, partnership, limited
liability company, or other entity in which that Person directly or indirectly owns or controls the Equity Interests having ordinary voting power to elect a majority of the Board of Directors of such corporation, partnership, limited liability
company, or other entity. 
 “Taxes” means any taxes, levies, imposts, duties, fees, assessments or other charges of
whatever nature now or hereafter imposed by any jurisdiction or by any political subdivision or taxing authority thereof or therein, and all interest, penalties or additions to tax with respect thereto. 

“Term Loan” has the meaning specified therefor in the recitals to this Agreement. 

“Term Loan Commitment” means the obligation of each Lender to make a Term Loan to Borrowers pursuant to
Section 2.1(a) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule C under the caption “Term Loan Commitment”. 

“Term Priority Collateral” has the meaning specified therefor in the Intercreditor Agreement. 

“Total DDTL Commitment” means the sum of the DDTL Commitments. On the Closing Date, the Total DDTL Commitment shall be
$15,000,000 as set forth on Schedule C. 
 “Total Net Leverage Ratio” means as of any date of determination, the
ratio of (a) (i) the aggregate principal amount of Indebtedness of the Borrowers and their Subsidiaries on a Consolidated basis outstanding on such date, in an amount that would be reflected on a balance sheet prepared as of such date on a
Consolidated basis in accordance with GAAP minus (ii) the aggregate amount of unrestricted cash and Cash Equivalents of the Loan Parties that is deposited in a Deposit Account or Securities Account, as applicable, subject to a Control
Agreement as of such date, not to exceed $10,000,000, as included on the Consolidated balance sheet of the Borrowers and their Subsidiaries as of such date to (b) EBITDA for the latest Measurement Period ending prior to such date, calculated
for ICD on a Consolidated basis. 
 “Trigger Period” means a period (a) commencing on the first date that Availability
is less than $5,000,000 at any time that a Delayed Draw Term Loan is outstanding and (b) ending on the earlier of the date on which (i) Availability equals or exceeds $5,000,000 for thirty (30) consecutive days, as certified by
Borrowers to the Lenders in a certificate in form and substance reasonably satisfactory to the Required Lenders and (ii) no Delayed Draw Term Loans remain outstanding and all DDTL Commitments have terminated. 

“Unfinanced Capital Expenditures” means Capital Expenditures (a) not financed with the proceeds of any incurrence of
Indebtedness (other than the incurrence of any revolving loans), the proceeds of any sale or issuance of Equity Interests or equity contributions, the proceeds of any asset sale (other than the sale of Inventory in the ordinary course of business)
or any insurance proceeds, and (b) that are not reimbursed by a third person (excluding any Loan Party or any of its Affiliates) in the period such expenditures are made pursuant to a written agreement. 

“United States” means the United States of America. 

“Unused DDTL Commitment Fee” shall have the meaning set forth in Section 2.7(b). 

  
 40 

 “Voidable Transfer” has the meaning specified therefor in
Section 17.7 of this Agreement. 
 “Withdrawal Liability” means liability with respect to a
Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA 

1.2 Accounting Terms. All accounting terms not specifically defined herein shall be construed in accordance with GAAP;
provided, that if Administrative Borrower notifies Agent that the Borrowers request an amendment to any provision hereof to eliminate the effect of any Accounting Change occurring after the Closing Date or in the application thereof on the operation
of such provision (or if Agent notifies Administrative Borrower that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such Accounting Change or in the
application thereof, then Agent, Lenders, the Borrowers agree that they will negotiate in good faith amendments to the provisions of this Agreement that are directly affected by such Accounting Change with the intent of having the respective
positions of the Lenders and Loan Parties after such Accounting Change conform as nearly as possible to their respective positions immediately before such Accounting Change took effect and, until any such amendments have been agreed upon and agreed
to by the Required Lenders, the provisions in this Agreement shall be calculated as if no such Accounting Change had occurred. When used herein, the term “financial statements” shall include the notes and schedules thereto. Notwithstanding
anything to the contrary contained herein, (a) all financial statements delivered hereunder shall be prepared, and all financial covenants contained herein (including, without limitation, any financial covenants set forth in
Section 7) shall be calculated, without giving effect to any election under the Statement of Financial Accounting Standards Board’s Accounting Standards Codification Topic 825 (or any similar accounting principle)
permitting a Person to value its financial liabilities or Indebtedness at the fair value thereof, (b) the term “unqualified opinion” as used herein to refer to opinions or reports provided by accountants shall mean an opinion or
report that is (i) unqualified, and (ii) does not include any explanation, supplemental comment, or other comment concerning the ability of the applicable Person to continue as a going concern or concerning the scope of the audit, and
(c) leases shall continue to be classified and accounted for on a basis consistent with that reflected in the annual audited financial statements delivered to the Agent and Lenders prior to the Closing Date for the fiscal year ended
December 31, 2017 for all purposes of this Agreement, notwithstanding any Accounting Change relating thereto, unless the parties hereto shall enter into a mutually acceptable amendment addressing such Accounting Changes, as provided for above.

 1.3 Code. Any terms used in this Agreement that are defined in the Code shall be construed and defined as set forth
in the Code unless otherwise defined herein; provided, that to the extent that the Code is used to define any term herein and such term is defined differently in different Articles of the Code, the definition of such term contained in Article
9 of the Code shall govern. 
 1.4 Construction. Unless the context of this Agreement or any other Loan Document clearly
requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except where otherwise
indicated, the inclusive meaning represented by the phrase “and/or.” The words “hereof,” “herein,” “hereby,” “hereunder,” and similar terms in this Agreement or any other

  
 41 

 
Loan Document refer to this Agreement or such other Loan Document, as the case may be, as a whole and not to any particular provision of this Agreement or such other Loan Document, as the case
may be. Section, subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified. Any reference in this Agreement or in any other Loan Document to any agreement, instrument, or document shall include all
alterations, amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions,
modifications, renewals, replacements, substitutions, joinders, and supplements set forth herein). The words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and
intangible assets and properties. Any reference herein or in any other Loan Document to the satisfaction, repayment, or payment in full of the Obligations shall mean (a) the payment or repayment in full in immediately available funds of
(i) the principal amount of, and interest accrued and unpaid with respect to, the Loans, together with the payment of any premium (including, without limitation, any Prepayment Premium) and Funding Losses applicable to the repayment of the
Loans, (ii) all Lender Group Expenses that have accrued and are unpaid regardless of whether demand has been made therefor, and (iii) all fees or charges that have accrued hereunder or under any other Loan Document and are unpaid,
(b) the receipt by Agent of cash collateral in order to secure any other contingent Obligations for which a claim or demand for payment has been made on or prior to such time or in respect of matters or circumstances known to Agent or a Lender
at such time that are reasonably expected to result in any loss, cost, damage, or expense (including attorneys’ fees and legal expenses), such cash collateral to be in such amount as Agent reasonably determines is appropriate to secure such
contingent Obligations, and (c) the payment or repayment in full in immediately available funds of all other outstanding Obligations other than unasserted contingent indemnification Obligations. Any reference herein to any Person shall be
construed to include such Person’s successors and assigns. Any requirement of a writing contained herein or in any other Loan Document shall be satisfied by the transmission of a Record. 

1.5 Time References. Unless the context of this Agreement or any other Loan Document clearly requires otherwise, all
references to time of day refer to Eastern standard time or Eastern daylight saving time, as in effect in New York, New York on such day. For purposes of the computation of a period of time from a specified date to a later specified date, unless
otherwise expressly provided, the word “from” means “from and including” and the words “to” and “until” each means “to and including”; provided, that with respect to a computation of fees or
interest payable to Agent or any Lender, such period shall in any event consist of at least one full day. 
 1.6 Schedules and
Exhibits. All of the schedules and exhibits attached to this Agreement shall be deemed incorporated herein by reference. 
 1.7
Pro Forma Calculation. Whenever pro forma effect is to be given to a Permitted Acquisition, the pro forma calculations shall be made in good faith by a responsible financial or accounting officer of the Administrative Borrower and
may include, without duplication, cost savings, operating expense reductions, restructuring charges and expenses and cost-saving synergies resulting from such Permitted Acquisition, in each case calculated in the manner described, and subject to the
limitations contained, in the definition of “EBITDA”. 

  
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 2. THE LOANS AND TERMS OF PAYMENT. 

2.1 The Loans. 

(a) Term Loan. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make, on the
Closing Date, a single Term Loan to Borrowers in an amount equal to such Lender’s Term Loan Commitment; provided that such Term Loan shall be funded net of additional interest in an amount equal to 2.0% of such Term Loan Commitment,
which additional interest shall be non-refundable and deemed to be fully earned on the Closing Date. Each of the Lenders and the Borrowers agree that, for federal income Tax purposes, the principal amount of
such Lender’s Term Loan is equal to such Lender’s Term Loan Commitment. Upon satisfaction of the applicable conditions set forth in Section 3.1, Agent shall make, and Borrowers hereby direct Agent to make, all
funds received by the Lenders available to Borrowers, or their designees pursuant to the Flow of Funds Memorandum, in like funds as received by Agent by wire transfer of such funds in accordance with the Flow of Funds Memorandum. The Term Loan
Commitment of each Lender shall automatically terminate immediately after its Term Loan is advanced on the Closing Date. Borrowers may not borrow, repay, and reborrow the Term Loan. 

(b) Delayed Draw Term Loans. 

(i) Requests. Subject to the terms and conditions of this Agreement and in reliance upon the representations and
warranties of the Loan Parties contained herein, each Lender with a DDTL Commitment severally agrees to make term loans to Borrowers from and after the Closing Date until the earlier to occur of the date on which the Total DDTL Commitment has been
drawn or the Maturity Date (such earlier date, the “DDTL Commitment Expiration Date”). At any time prior to the DDTL Commitment Expiration Date, the Borrowers may, pursuant to a Notice of Borrowing timely delivered hereunder, borrow
one or more loans in an initial principal amount of not less than $5,000,000 and multiples of $100,000 in excess thereof (each a “Delayed Draw Term Loan”); provided that each such Delayed Draw Term Loan shall be funded net of
additional interest in an amount equal to 2.0% of the amount of such Delayed Draw Term Loan, which additional interest shall be non-refundable and deemed to be fully earned on the date of Borrowing of such
Delayed Draw Term Loan. Each of the Lenders and the Borrowers agree that, for federal income Tax purposes, the principal amount of each of such Lender’s Delayed Draw Term Loans is equal to such Lender’s Pro Rata Share of the Total DDTL
Commitment with respect to each such Delayed Draw Term Loan. Borrowers may not borrow, repay, and reborrow any Delayed Draw Term Loan. 

(ii) Conditions. The effectiveness of any Borrowing of a Delayed Draw Term Loan shall be subject to the satisfaction of
the following conditions (in addition to all other conditions to the funding of Delayed Draw Term Loans set forth in this Agreement) as of the date such Borrowing is to be effective: 

  
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 (A) immediately after giving effect to such Delayed Draw Term Loan, the
outstanding principal amount of all Delayed Draw Term Loans shall not exceed the Total DDTL Commitment; 
 (B) proceeds of
the Delayed Draw Term Loan shall be used by the Borrowers solely in accordance with Section 6.11; and 

(C) each of the conditions set forth in Section 3.2 shall have been satisfied. 

(iii) Terms. Any Delayed Draw Term Loan shall have the same pricing and maturity as the Term Loan funded on the Closing
Date. 
 (iv) Required Amendments. The Delayed Draw Term Loans and DDTL Commitments established pursuant to this
Section 2.1(b) shall constitute Loans and Commitments under, and shall be entitled to all the benefits afforded by, this Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and
ratably from the guarantees and security interests created by the Guaranty and Security Agreement or any other Loan Document that purports to create a Lien or make a guarantee. The Loan Parties shall take any actions reasonably required by the
Required Lenders to ensure that the Liens and security interests granted by the Guaranty and Security Agreement or such other Loan Document continue to be perfected under the UCC or otherwise after giving effect to the establishment of any such new
Loans and Commitments to the extent provided in Section 5.11. Each of the parties hereto hereby agrees that the Required Lenders may, in consultation with the Borrowers, take any and all action as may be reasonably
necessary to ensure that all Delayed Draw Term Loans are included in each Borrowing of outstanding Term Loans on a pro rata basis. This may be accomplished by requiring each outstanding Borrowing of Term Loans that are LIBOR Rate Loans to be
converted into a Borrowing of Term Loans that are Base Rate Loans on the date of each such Delayed Draw Term Loan, or by allocating a portion of each such Delayed Draw Term Loan to each outstanding Borrowing of Term Loans that are LIBOR Rate Loans
on a pro rata basis. Any conversion of LIBOR Rate Loans to Base Rate Loans required by the preceding sentence shall be subject to Section 2.8. 

2.2 Payments; Prepayments. 

(a) Payments by Borrowers. Except as otherwise expressly provided herein, all payments by Borrowers shall be made to
Agent’s Account for the account of the Lender Group and shall be made in immediately available funds, no later than 1:30 p.m. on the date specified herein. Any payment received by Agent later than 1:30 p.m. shall be deemed to have been received
(unless Agent, in its sole discretion, elects to credit it on the date received) on the following Business Day and any applicable interest or fee shall continue to accrue until such following Business Day. 

  
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 (b) Apportionment and Application. 

(i) So long as no Application Event has occurred and is continuing and subject to Section 2.2(f), all
principal and interest payments received by Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each Lender) and all payments of fees and expenses
received by Agent (other than fees or expenses that are for Agent’s separate account) shall be apportioned ratably among the Lenders. 

(ii) Subject to Section 2.2(b)(v) and Section 2.2(d), all payments to be
made hereunder by Borrowers shall be remitted to Agent and all such payments, and all proceeds of Collateral received by Agent, shall be applied, so long as no Application Event has occurred and is continuing, to reduce the balance of the Loans
outstanding and, thereafter, to Borrowers (to be wired to the Designated Account) or such other Person entitled thereto under applicable law. 

(iii) At any time that an Application Event has occurred and is continuing, all payments remitted to Agent and all proceeds of
Collateral received by Agent shall be applied as follows: 
 (A) first, to pay any Lender Group Expenses (including
cost or expense reimbursements) or indemnities then due to Agent under the Loan Documents, 
 (B) second, to pay any
fees or premiums then due to Agent under the Loan Documents, until paid in full, 
 (C) third, ratably, to pay any
Lender Group Expenses (including cost or expense reimbursements) or indemnities then due to any of the Lenders under the Loan Documents, until paid in full, 

(D) fourth, ratably, to pay any fees or premiums then due to any of the Lenders under the Loan Documents, until paid in
full, 
 (E) fifth, ratably, to pay interest accrued in respect of the Loans, until paid in full, 

(F) sixth, ratably, to pay the principal of the Loans, until paid in full, 

(G) seventh, to pay any other Obligations, until paid in full, and 

(H) eighth, to Borrowers (to be wired to the Designated Account) or such other Person entitled thereto under applicable
law. 

  
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 (iv) Agent promptly shall distribute to each Lender, pursuant to the
applicable wire instructions received from each Lender in writing, such funds as it may be entitled to receive. 
 (v) In
each instance, so long as no Application Event has occurred and is continuing, Section 2.2(b)(ii) shall not apply to any payment made by Borrowers to Agent and specified by Borrowers to be for the payment of specific
Obligations then due and payable (or prepayable) under any provision of this Agreement or any other Loan Document. 
 (vi)
For purposes of Section 2.2, “paid in full” of a type of Obligation means payment in cash or immediately available funds of all amounts owing on account of such type of Obligation, including interest accrued after
the commencement of any Insolvency Proceeding, default interest, interest on interest, Prepayment Premium, other premium, and expense reimbursements, irrespective of whether any of the foregoing would be or is allowed or disallowed in whole or in
part in any Insolvency Proceeding. 
 (vii) In the event of a direct conflict between the priority provisions of this
Section 2.2 and any other provision contained in this Agreement or any other Loan Document, it is the intention of the parties hereto that such provisions be read together and construed, to the fullest extent possible, to
be in concert with each other. 
 (c) Optional Prepayments. 

(i) The Borrowers may, upon written notice to the Agent as provided in clause (iii) below, at any time or from time to
time, voluntarily prepay the Loans at 100% of the Called Principal of the Loans, plus the Prepayment Premium and any Funding Losses, in each case, to the extent applicable, plus the interest accrued and unpaid thereon; provided that
(A) any prepayment of a LIBOR Rate Loan shall be in a minimum Called Principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof and (B) any prepayment of a Base Rate Loan shall be in a minimum Called Principal amount
of $500,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. 

(ii) Borrowers shall give the Agent written notice of any prepayment to be made pursuant to
Section 2.2(c) at least ten (10) Business Days, and not more than thirty (30) days, prior to the Settlement Date specifying: 

(A) the Settlement Date; 

(B) the aggregate amount of the Called Principal of the Loans, the accrued and unpaid interest thereon and the applicable
Prepayment Premium, if any; and 

  
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 (C) that such prepayment is to be made pursuant to
Section 2.2(c). 
 Upon the giving of such notice, the Called Principal of the Loans together with
the Prepayment Premium, if any, the Funding Losses, if any, and the interest accrued and unpaid thereon to the Settlement Date shall become due and payable on the Settlement Date. 

The Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Pro
Rata Share of such prepayment. If such notice is given by the Borrowers, the Borrowers shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein.     

(d) Mandatory Prepayments. 

(i) Dispositions. If (x) ICD or any of its Subsidiaries Disposes of any property or assets consisting of Term
Priority Collateral or, after the Discharge of ABL Priority Obligations, ABL Priority Collateral (other than any Disposition of any property or assets permitted by clauses (a)-(i) and (k)-(o) (subject to the proviso contained therein), inclusive, of
the definition of “Permitted Disposition”), or (y) any Casualty Event occurs with respect to any property or assets consisting of Term Priority Collateral or, after the Discharge of ABL Priority Obligations, ABL Priority Collateral,
which results in the realization or receipt by ICD or any of its Subsidiaries of Net Cash Proceeds, such Person shall, subject to the terms of the Intercreditor Agreement, cause to be prepaid an aggregate principal amount of the Loans in an amount
equal to 100% of all Net Cash Proceeds received therefrom, plus the Prepayment Premium, on or prior to the date which is five (5) Business Days after the date of the realization or receipt by such Person of such Net Cash Proceeds. 

(ii) Debt Securities. If ICD or any of its Subsidiaries incurs or issues any Indebtedness after the Closing Date that is
not otherwise permitted to be incurred pursuant to Section 6.1, the Borrowers shall cause to be prepaid an aggregate principal amount of the Loans in an amount equal to 100% of all Net Cash Proceeds received therefrom, plus
the Prepayment Premium, immediately upon receipt by ICD or any of its Subsidiaries of such Net Cash Proceeds; provided, that such prepayment shall not be deemed to cure any Default or Event of Default resulting from the incurrence of such
Indebtedness. 
 (e) Notice of Mandatory Prepayments. The Borrowers shall notify the Agent in writing of any mandatory
prepayment under Section 2.2(d) two (2) Business Days prior to the prepayment date. Upon receipt of such notice, the Agent shall promptly notify the Lenders in writing of such prepayment. 

  
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 (f) Declined Proceeds. Any Lender may elect to decline the entire
portion of the prepayment of the Loans pursuant to Section 2.2(d) (such declined amounts, “Declined Proceeds”) by delivering written notice to the Agent of such election one (1) Business Day prior to
the date of such prepayment, in which case, the Borrowers shall have the right, but not the obligation, to either (i) make an optional prepayment on the Loans in accordance with Section 2.2(c) held by such Lender in an
amount equal to the Declined Proceeds by such Lender, or (ii) retain such Declined Proceeds. In the absence of delivery of a notice declining any prepayment by any Lender within the time frame set forth in this clause (f), such Lender shall
automatically be deemed to have accepted such payment. 
 (g) Application of Payments. Each prepayment of the Loans
pursuant to Section 2.2(c) and Section 2.2(d) shall be paid to the applicable Lenders in accordance with their respective Pro Rata Shares of such prepayment. 

2.3 Promise to Pay; Promissory Notes. 

(a) Borrowers agree to pay the Lender Group Expenses on the earlier of (i) the first day of the month following the date
on which the applicable Lender Group Expenses were first incurred, or (ii) the date on which demand therefor is made by Agent. Borrowers promise to pay all of the Obligations (including principal, interest, premiums, if any, fees, costs, and
expenses (including Lender Group Expenses)) in full on the Maturity Date or, if earlier, on the date on which the Obligations become due and payable pursuant to the terms of this Agreement. Borrowers agree that their obligations contained in the
first sentence of this Section 2.3(a) shall survive payment or satisfaction in full of all other Obligations. 

(b) Any Lender may request that any portion of its Term Loan or Delayed Draw Term Loans made by it be evidenced by one or more
Notes. In such event, Borrowers shall execute and deliver to such Lender the requested Notes payable to the order of such Lender. Thereafter, the portion of the Loans evidenced by such Notes and interest thereon shall at all times be represented by
one or more Notes payable to the order of the payee named therein. 
 2.4 Interest Rates, Payments, and Calculations.

 (a) Interest Rates. Except as provided in Section 2.4(b) below, (i) a LIBOR Rate
Loan shall bear interest, on the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the LIBOR Rate for such Interest Period plus the Applicable Margin for such LIBOR Rate Loan, and (ii) a Base Rate Loan
shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Margin for such Base Rate Loan. 

(b) Default Rate. (i) Automatically upon the occurrence and during the continuation of an Event of Default under
Section 8.4 or 8.5 and (ii) upon the occurrence and during the continuation of any other Event of Default (other than an Event of Default under Section 8.4 or 8.5), at the
direction of Agent or the Required Lenders, and upon written notice by Agent to Borrowers of such direction (provided, that such notice shall not be required for any Event of Default under Section 8.1), the Loans and all
Obligations shall bear interest at a per annum rate equal to two percentage points above the per annum rate otherwise applicable thereunder. 

  
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 (c) Payment. Except to the extent provided to the contrary in
Section 2.7 or Section 2.8(a), (i) all interest and all other fees payable hereunder or under any of the other Loan Documents shall be due and payable, in arrears, on the first day of each month,
and (ii) all costs and expenses payable hereunder or under any of the other Loan Documents, and all other Lender Group Expenses shall be due and payable on the earlier of (x) the first day of the month following the date on which the
applicable costs, expenses, or Lender Group Expenses were first incurred, or (y) the date on which demand therefor is made by Agent. 

(d) Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day
year, in each case, for the actual number of days elapsed in the period during which the interest or fees accrue (which will result in more interest being paid than if computed on the basis of a 365-day year).
In the event the Base Rate is changed from time to time hereafter, the rates of interest hereunder based upon the Base Rate automatically and immediately shall be increased or decreased by an amount equal to such change in the Base Rate. 

(e) Intent to Limit Charges to Maximum Lawful Rate. In no event shall the interest rate or rates payable under this
Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. ICD, Borrowers and the Lender
Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, that anything contained herein to the contrary notwithstanding, if such rate or
rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrowers are and shall be liable only for the payment of such maximum amount as is allowed by law,
and payment received from Borrowers in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess. 

2.5 Crediting Payments. The receipt of any payment item by Agent shall not be required to be considered a payment on
account unless such payment item is a wire transfer of immediately available funds made to Agent’s Account or unless and until such payment item is honored when presented for payment. Should any payment item not be honored when presented for
payment, then Borrowers shall be deemed not to have made such payment. Anything to the contrary contained herein notwithstanding, any payment item shall be deemed received by Agent only if it is received into Agent’s Account on a Business Day
on or before 1:30 p.m. If any payment item is received into Agent’s Account on a non-Business Day or after 1:30 p.m. on a Business Day (unless Agent, in its sole discretion, elects to credit it on the
date received), it shall be deemed to have been received by Agent as of the opening of business on the immediately following Business Day. 

2.6 Maintenance of Loan Account; Statements of Obligations. Agent shall maintain an account on its books in the name of
Borrowers (the “Loan Account”) on which Borrowers will be charged with the Loans, and with all other payment Obligations hereunder or under the other Loan Documents, including, accrued interest, fees and expenses, and Lender Group
Expenses. In accordance with Section 2.5, the Loan Account will be credited with all payments received by 

  
 49 

 
Agent from Borrowers or for Borrowers’ account. Agent shall make available to Borrowers monthly statements regarding the Loan Account, including the principal amount of the Loans, interest
accrued hereunder, fees accrued or charged hereunder or under the other Loan Documents, and a summary itemization of all charges and expenses constituting Lender Group Expenses accrued hereunder or under the other Loan Documents, and each such
statement, absent manifest error, shall be conclusively presumed to be correct and accurate and constitute an account stated between Borrowers and the Lender Group unless, within 30 days after Agent first makes such a statement available to
Borrowers, Borrowers shall deliver to Agent written objection thereto describing the error or errors contained in such statement. 
 2.7
Fees. 
 (a) Agent Fees. Borrowers shall pay to Agent, for the account of Agent, as and when due and
payable under the terms of the Fee Letter, the fees set forth in the Fee Letter. 
 (b) DDTL Fees. Borrowers shall pay
to Agent, for the account of each Lender with a DDTL Commitment, in accordance with such Lender’s Pro Rata Share of the Total DDTL Commitment, a commitment fee (the “Unused DDTL Commitment Fee”) calculated at the rate of 1.00%
per annum on the average daily Total DDTL Commitment during each fiscal quarter or portion thereof from the Closing Date to the DDTL Commitment Expiration Date. The Unused DDTL Commitment Fee shall be payable quarterly in arrears on the first day of
each April, July, October and January and on the DDTL Commitment Expiration Date or any earlier date on which the DDTL Commitments shall terminate. 

2.8 LIBOR Option. 

(a) Interest and Interest Payment Dates. In lieu of having interest charged at the rate based upon the Base Rate,
Borrowers shall have the option, subject to Section 2.8(b) below (the “LIBOR Option”) to have interest on all or a portion of any Loan be charged (whether at the time when made (unless otherwise provided
herein), upon conversion from a Base Rate Loan to a LIBOR Rate Loan, or upon continuation of a LIBOR Rate Loan as a LIBOR Rate Loan) at a rate of interest based upon the LIBOR Rate. Interest on a LIBOR Rate Loan shall be payable on the last day of
the Interest Period applicable thereto. On the last day of each applicable Interest Period, unless Borrowers have otherwise notified Agent and the Lenders, the interest rate applicable to a LIBOR Rate Loan automatically shall continue as a LIBOR
Rate Loan for the same Interest Period. At any time that an Event of Default has occurred and is continuing, at the written election of Agent or the Required Lenders, Borrowers no longer shall have the option to request that any Loan bear interest
at a rate based upon the LIBOR Rate. 
 (b) LIBOR Election. 

(i) Borrowers may, at any time and from time to time, so long as Borrowers have not received a notice from Agent (which notice
Agent may elect to give or not give in its discretion unless Agent is directed to give such notice by the Required Lenders, in which case, it shall give the notice to Borrowers), after the 

  
 50 

 
occurrence and during the continuance of an Event of Default, to terminate the right of Borrowers to exercise the LIBOR Option during the continuance of such Event of Default, elect to exercise
the LIBOR Option by notifying Agent prior to 11:00 a.m. at least three Business Days prior to the commencement of the proposed Interest Period (the “LIBOR Deadline”). Notice of Borrowers’ election of the LIBOR Option for the
applicable Loan pursuant to this Section 2.8(b) shall be made by delivery to Agent of a LIBOR Notice received by Agent before the LIBOR Deadline. Promptly upon its receipt of each such LIBOR Notice, Agent shall provide a
copy thereof to each of the affected Lenders. 
 (ii) Each LIBOR Notice shall be irrevocable and binding on Borrowers. In
connection with a LIBOR Rate Loan, each Borrower shall indemnify, defend, and hold Agent and the Lenders harmless against any loss, cost, or expense actually incurred by Agent or any Lender as a result of (A) the payment or required assignment
of any principal of such LIBOR Rate Loan other than on the last day of the Interest Period applicable thereto (including as a result of an Event of Default), (B) the conversion of such LIBOR Rate Loan other than on the last day of the Interest
Period applicable thereto, or (C) the failure to borrow, convert, continue or prepay such LIBOR Rate Loan on the date specified in any LIBOR Notice delivered pursuant hereto (such losses, costs, or expenses, “Funding Losses”).
A certificate of Agent or a Lender delivered to Borrowers setting forth in reasonable detail any amount or amounts that Agent or such Lender is entitled to receive pursuant to this Section 2.8 shall be conclusive absent
manifest error. Borrowers shall pay such amount to Agent or the Lender, as applicable, within 30 days of the date of its receipt of such certificate. If a payment of a LIBOR Rate Loan on a day other than the last day of the applicable Interest
Period would result in a Funding Loss, Agent may, in its sole discretion at the request of Borrowers, hold the amount of such payment as cash collateral in support of the Obligations until the last day of such Interest Period and apply such amounts
to the payment of the applicable LIBOR Rate Loan on such last day, it being agreed that Agent has no obligation to so defer the application of payments to any LIBOR Rate Loan and that, in the event that Agent does not defer such application,
Borrowers shall be obligated to pay any resulting Funding Losses. 
 (iii) Unless the Required Lenders, in their sole
discretion, agree otherwise, Borrowers shall have not more than two LIBOR Rate Loans in effect at any given time. 
 (c)
Conversion; Prepayment. Borrowers may convert a LIBOR Rate Loan to a Base Rate Loan or prepay a LIBOR Rate Loan at any time; provided, that in the event that a LIBOR Rate Loan is converted or prepaid on any date that is not the last day of
the Interest Period applicable thereto, including as a result of any prepayment through the required application by Agent of any payments or proceeds of Collateral in accordance with Section 2.2(b) or for any other reason,
including early termination of the term of this Agreement or acceleration of all or any portion of the Obligations pursuant to the terms hereof, each Borrower shall indemnify, defend, and hold Agent and the Lenders and their Participants harmless
against any and all Funding Losses in accordance with Section 2.8(b)(ii). 

  
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 (d) Special Provisions Applicable to LIBOR Rate. 

(i) The LIBOR Rate may be adjusted by Agent with respect to any Lender on a prospective basis to take into account any
additional or increased costs to such Lender of maintaining or obtaining any eurodollar deposits or increased costs (other than Taxes which shall be governed by Section 16), in each case, due to changes in applicable law
occurring subsequent to the commencement of the then applicable Interest Period, including any Changes in Law and changes in the reserve requirements imposed by the Board of Governors, which additional or increased costs would increase the cost of
funding or maintaining loans bearing interest at the LIBOR Rate. In any such event, the affected Lender shall give Borrowers and Agent notice of such a determination and adjustment and Agent promptly shall transmit the notice to each other Lender
and, upon its receipt of the notice from the affected Lender, Borrowers may, by notice to such affected Lender (A) require such Lender to furnish to Borrowers a statement setting forth in reasonable detail the basis for adjusting such LIBOR
Rate and the method for determining the amount of such adjustment, or (B) repay the LIBOR Rate Loan of such Lender with respect to which such adjustment is made (together with any amounts due under Section 2.8(b)(ii)).

 (ii) In the event that any change in market conditions or any Change in Law shall at any time after the date hereof, in
the reasonable opinion of any Lender, make it unlawful or impractical for such Lender to fund or maintain a LIBOR Rate Loan or to continue such funding or maintaining, or to determine or charge interest rates at the LIBOR Rate, such Lender shall
give notice of such changed circumstances to Agent and Borrowers and Agent promptly shall transmit the notice to each other Lender and (y) in the case of any LIBOR Rate Loan of such Lender that is outstanding, the date specified in such
Lender’s notice shall be deemed to be the last day of the Interest Period of such LIBOR Rate Loan, and interest upon the LIBOR Rate Loan of such Lender thereafter shall accrue interest at the rate then applicable to a Base Rate Loan, and
(z) Borrowers shall not be entitled to elect the LIBOR Option until such Lender determines that it would no longer be unlawful or impractical to do so. 

(e) No Requirement of Matched Funding. Anything to the contrary contained herein notwithstanding, neither Agent, nor any
Lender, nor any of their Participants, is required actually to acquire eurodollar deposits to fund or otherwise match fund any Obligation as to which interest accrues at the LIBOR Rate. 

  
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 2.9 Capital Requirements. 

(a) If, after the date hereof, any Lender determines that (i) any Change in Law regarding capital, liquidity or reserve
requirements for banks or bank holding companies, or (ii) compliance by such Lender, or their respective parent bank holding companies, with any guideline, request or directive of any Governmental Authority regarding capital adequacy or
liquidity requirements (whether or not having the force of law), has the effect of reducing the return on such Lender’s, or such holding companies’ capital or liquidity as a consequence of such Lender’s Loans, participations or other
obligations hereunder to a level below that which such Lender, or such holding companies could have achieved but for such Change in Law or compliance (taking into consideration such Lender’s, or such holding companies’ then existing
policies with respect to capital adequacy or liquidity requirements and assuming the full utilization of such entity’s capital) by any amount deemed by such Lender to be material, then such Lender may notify Borrowers and Agent thereof.
Following receipt of such notice, Borrowers agree to pay such Lender on demand the amount of such reduction of return of capital as and when such reduction is determined, payable within 30 days after presentation by such Lender of a statement in the
amount and setting forth in reasonable detail such Lender’s calculation thereof and the assumptions upon which such calculation was based (which statement shall be deemed true and correct absent manifest error). In determining such amount, such
Lender may use any reasonable averaging and attribution methods. Failure or delay on the part of any Lender to demand compensation pursuant to this Section 2.9(a) shall not constitute a waiver of such Lender’s right to
demand such compensation; provided, that Borrowers shall not be required to compensate a Lender pursuant to this Section 2.9(a) for any reductions in return incurred more than 180 days prior to the date that such Lender
notifies Borrowers of such Change in Law giving rise to such reductions and of such Lender’s intention to claim compensation therefor; provided further, that if such claim arises by reason of the Change in Law that is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. 

(b) If any Lender requests additional or increased costs referred to in Section 2.8(d)(i) or amounts
under Section 2.9(a) or sends a notice under Section 2.8(d)(ii) relative to changed circumstances (such Lender, an “Affected Lender”), then, at the request of Administrative
Borrower, such Affected Lender shall use reasonable efforts to promptly designate a different one of its lending offices or to assign its rights and obligations hereunder to another of its offices or branches, if (i) in the reasonable judgment
of such Affected Lender, such designation or assignment would eliminate or reduce amounts payable pursuant to Section 2.8(d)(i) or Section 2.9(a), as applicable, or would eliminate the illegality
or impracticality of funding or maintaining a LIBOR Rate Loan, and (ii) in the reasonable judgment of such Affected Lender, such designation or assignment would not subject it to any material unreimbursed cost or expense and would not otherwise
be materially disadvantageous to it. Borrowers agree to pay all reasonable out-of-pocket costs and expenses incurred by such Affected Lender in connection with any such
designation or assignment. If, after such reasonable efforts, such Affected Lender does not so designate a different one of its lending offices or assign its rights to another of its offices or branches so as to eliminate Borrowers’ obligation
to pay any future amounts to such Affected Lender pursuant to Section 2.8(d)(i) or Section 2.9(a), as applicable, or to enable Borrowers to obtain a LIBOR Rate Loan, then Borrowers (without
prejudice to any amounts then due to such Affected Lender under Section 2.8(d)(i) or Section 2.9(a), as applicable) may, unless prior to the effective date of any such assignment the Affected
Lender withdraws its request for such additional amounts under Section 2.8(d)(i) or Section 2.9(a), as applicable, or indicates that it is no longer unlawful or impractical to fund or maintain a
LIBOR Rate 

  
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Loan, may designate a substitute a Lender or prospective Lender, in each case, reasonably acceptable to Agent to purchase the Obligations owed to such Affected Lender (a “Replacement
Lender”), and if such Replacement Lender agrees to such purchase, such Affected Lender shall assign to the Replacement Lender its Obligations, and upon such purchase by the Replacement Lender, which such Replacement Lender shall be deemed
to be a “Lender” (as the case may be) for purposes of this Agreement and such Affected Lender shall cease to be or a “Lender” (as the case may be) for purposes of this Agreement. 

(c) Notwithstanding anything herein to the contrary, the protection of Section 2.8(d) and
Section 2.9 shall be available to each Lender (as applicable) regardless of any possible contention of the invalidity or inapplicability of the law, rule, regulation, judicial ruling, judgment, guideline, treaty or other
change or condition which shall have occurred or been imposed, so long as it shall be customary for issuing banks or lenders affected thereby to comply therewith. Notwithstanding any other provision herein, no Lender shall demand compensation
pursuant to this Section 2.9 if it shall not at the time be the general policy or practice of such Lender (as the case may be) to demand such compensation in similar circumstances under comparable provisions of other credit
agreements, if any. 
 2.10 Joint and Several Liability of Borrowers. 

(a) Each Borrower is accepting joint and several liability hereunder and under the other Loan Documents in consideration of the
financial accommodations to be provided by the Lender Group under this Agreement, for the mutual benefit, directly and indirectly, of each Borrower and in consideration of the undertakings of the other Borrower to accept joint and several liability
for the Obligations. 
 (b) Each Borrower, jointly and severally, hereby irrevocably and unconditionally accepts, not merely
as a surety but also as a co-debtor, joint and several liability with the other Borrower, with respect to the payment and performance of all of the Obligations (including any Obligations arising under this
Section 2.10), it being the intention of the parties hereto that all the Obligations shall be the joint and several obligations of each Borrower without preferences or distinction among them. Accordingly, each Borrower
hereby waives any and all suretyship defenses that would otherwise be available to such Borrower under applicable law. 
 (c)
If and to the extent that any Borrower shall fail to make any payment with respect to any of the Obligations as and when due, whether upon maturity, acceleration, or otherwise, or to perform any of the Obligations in accordance with the terms
thereof, then in each such event the other Borrower will make such payment with respect to, or perform, such Obligations until such time as all of the Obligations are paid in full, and without the need for demand, protest, or any other notice or
formality. 
 (d) The Obligations of each Borrower under the provisions of this Section 2.10
constitute the absolute and unconditional, full recourse Obligations of each Borrower enforceable against each Borrower to the full extent of its properties and assets, irrespective of the validity, regularity or enforceability of the provisions of
this Agreement (other than this Section 2.10(d)) or any other circumstances whatsoever. 

  
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 (e) Without limiting the generality of the foregoing and except as otherwise
expressly provided in this Agreement, each Borrower hereby waives presentments, demands for performance, protests and notices, including notices of acceptance of its joint and several liability, notices regarding the Loans under this Agreement,
notice of the occurrence of any Default, Event of Default, notices of nonperformance, notices of protest, notices of dishonor, notices of acceptance of this Agreement, notices of the existence, creation, or incurring of new or additional Obligations
or other financial accommodations or of any demand for any payment under this Agreement, notice of any action at any time taken or omitted by Agent or Lenders under or in respect of any of the Obligations, any right to proceed against any other
Borrower or any other Person, to proceed against or exhaust any security held from any other Borrower or any other Person, to protect, secure, perfect, or insure any security interest or Lien on any property subject thereto or exhaust any right to
take any action against any other Borrower, any other Person, or any collateral, to pursue any other remedy in any member of the Lender Group’s power whatsoever, any requirement of diligence or to mitigate damages and, generally, to the extent
permitted by applicable law, all demands, notices and other formalities of every kind in connection with this Agreement (except as otherwise provided in this Agreement), any right to assert against any member of the Lender Group, any defense (legal
or equitable), set-off, counterclaim, or claim which each Borrower may now or at any time hereafter have against any other Borrower or any other party liable to any member of the Lender Group, any defense, set-off, counterclaim, or claim, of any kind or nature, arising directly or indirectly from the present or future lack of perfection, sufficiency, validity, or enforceability of the Obligations or any security
therefor, and any right or defense arising by reason of any claim or defense based upon an election of remedies by any member of the Lender Group including any defense based upon an impairment or elimination of such Borrower’s rights of
subrogation, reimbursement, contribution, or indemnity of such Borrower against any other Borrower. Without limiting the generality of the foregoing, each Borrower hereby assents to, and waives notice of, any extension or postponement of the time
for the payment of any of the Obligations, the acceptance of any payment of any of the Obligations, the acceptance of any partial payment thereon, any waiver, consent or other action or acquiescence by Agent or Lenders at any time or times in
respect of any default by any Borrower in the performance or satisfaction of any term, covenant, condition or provision of this Agreement, any and all other indulgences whatsoever by Agent or Lenders in respect of any of the Obligations, and the
taking, addition, substitution or release, in whole or in part, at any time or times, of any security for any of the Obligations or the addition, substitution or release, in whole or in part, of any Borrower. Without limiting the generality of the
foregoing, each Borrower assents to any other action or delay in acting or failure to act on the part of any Agent or Lender with respect to the failure by any Borrower to comply with any of its respective Obligations, including any failure strictly
or diligently to assert any right or to pursue any remedy or to comply fully with applicable laws or regulations thereunder, which might, but for the provisions of this Section 2.10 afford grounds for terminating,
discharging or relieving any Borrower, in whole or in part, from any of its Obligations under this Section 2.10, it being the intention of each Borrower that, so long as any of the Obligations hereunder remain unsatisfied,
the Obligations of each Borrower under this Section 2.10 shall not be discharged except by performance and then only to the extent of such performance. The Obligations of each Borrower under this
Section 2.10 

  
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shall not be diminished or rendered unenforceable by any winding up, reorganization, arrangement, liquidation, reconstruction or similar proceeding with respect to any other Borrower or any Agent
or Lender. Each of the Borrowers waives, to the fullest extent permitted by law, the benefit of any statute of limitations affecting its liability hereunder or the enforcement hereof. Any payment by any Borrower or other circumstance which operates
to toll any statute of limitations as to any Borrower shall operate to toll the statute of limitations as to each of the Borrowers. Each of the Borrowers waives any defense based on or arising out of any defense of any Borrower or any other Person,
other than payment of the Obligations to the extent of such payment, based on or arising out of the disability of any Borrower or any other Person, or the validity, legality, or unenforceability of the Obligations or any part thereof from any cause,
or the cessation from any cause of the liability of any Borrower other than payment of the Obligations to the extent of such payment. Agent may, at the election of the Required Lenders, foreclose upon any Collateral held by Agent by one or more
judicial or nonjudicial sales or other dispositions, whether or not every aspect of any such sale is commercially reasonable or otherwise fails to comply with applicable law or may exercise any other right or remedy Agent, any other member of the
Lender Group may have against any Borrower or any other Person, or any security, in each case, without affecting or impairing in any way the liability of any of the Borrowers hereunder except to the extent the Obligations have been paid. 

(f) Each Borrower represents and warrants to Agent and Lenders that such Borrower is currently informed of the financial
condition of Borrowers and of all other circumstances which a diligent inquiry would reveal and which bear upon the risk of nonpayment of the Obligations. Each Borrower further represents and warrants to Agent and Lenders that such Borrower has read
and understands the terms and conditions of the Loan Documents. Each Borrower hereby covenants that such Borrower will continue to keep informed of Borrowers’ financial condition and of all other circumstances which bear upon the risk of
nonpayment or nonperformance of the Obligations. 
 (g) The provisions of this Section 2.10 are
made for the benefit of Agent, each member of the Lender Group, and their respective successors and assigns, and may be enforced by it or them from time to time against any or all Borrowers as often as occasion therefor may arise and without
requirement on the part of Agent, any member of the Lender Group, or any of their successors or assigns first to marshal any of its or their claims or to exercise any of its or their rights against any Borrower or to exhaust any remedies available
to it or them against any Borrower or to resort to any other source or means of obtaining payment of any of the Obligations hereunder or to elect any other remedy. The provisions of this Section 2.10 shall remain in effect
until all of the Obligations shall have been paid in full or otherwise fully satisfied. If at any time, any payment, or any part thereof, made in respect of any of the Obligations, is rescinded or must otherwise be restored or returned by Agent or
any Lender upon the insolvency, bankruptcy or reorganization of any Borrower, or otherwise, the provisions of this Section 2.10 will forthwith be reinstated in effect, as though such payment had not been made. 

  
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 (h) Each Borrower hereby agrees that it will not enforce any of its rights
that arise from the existence, payment, performance or enforcement of the provisions of this Section 2.10, including rights of subrogation, reimbursement, exoneration, contribution or indemnification and any right to
participate in any claim or remedy of Agent or any other member of the Lender Group against any Borrower, whether or not such claim, remedy or right arises in equity or under contract, statute or common law, including the right to take or receive
from any Borrower, directly or indirectly, in cash or other property or by set-off or in any other manner, payment or security solely on account of such claim, remedy or right, unless and until such time as
all of the Obligations have been paid in full in cash. Any claim which any Borrower may have against any other Borrower with respect to any payments to any Agent or any member of the Lender Group hereunder are hereby expressly made subordinate and
junior in right of payment, without limitation as to any increases in the Obligations arising hereunder or thereunder, to the prior payment in full in cash of the Obligations and, in the event of any insolvency, bankruptcy, receivership,
liquidation, reorganization or other similar proceeding under the laws of any jurisdiction relating to any Borrower, its debts or its assets, whether voluntary or involuntary, all such Obligations shall be paid in full in cash before any payment or
distribution of any character, whether in cash, securities or other property, shall be made to any other Borrower therefor. If any amount shall be paid to any Borrower in violation of the immediately preceding sentence, such amount shall be held in
trust for the benefit of Agent, for the benefit of the Lender Group, and shall forthwith be paid to Agent to be credited and applied to the Obligations and all other amounts payable under this Agreement, whether matured or unmatured, in accordance
with the terms of this Agreement, or to be held as Collateral for any Obligations or other amounts payable under this Agreement thereafter arising. Notwithstanding anything to the contrary contained in this Agreement, no Borrower may exercise any
rights of subrogation, contribution, indemnity, reimbursement or other similar rights against, and may not proceed or seek recourse against or with respect to any property or asset of, any other Borrower (the “Foreclosed Borrower”),
including after payment in full of the Obligations, if all or any portion of the Obligations have been satisfied in connection with an exercise of remedies in respect of the Equity Interests of such Foreclosed Borrower whether pursuant to this
Agreement or otherwise. 
 3. CONDITIONS; TERM OF AGREEMENT. 

3.1 Conditions Precedent to the Extension of Credit. The obligation of each Lender to make its Term Loan hereunder is
subject to the fulfillment, to the satisfaction of Agent and each Lender, of each of the conditions precedent set forth on Schedule 3.1 to this Agreement (the making of such initial extensions of credit by a Lender being conclusively deemed
to be its satisfaction or waiver of the conditions precedent). 
 3.2 Conditions Precedent to Delayed Draw Term Loans.

 (a) No Default; Representations and Warranties. The obligation of each Lender to make any Delayed Draw Term Loans
hereunder is subject to the fulfillment, to the satisfaction of Agent and each Lender, that at the time of each such Borrowing and also after giving effect thereto: (i) no Default or Event of Default shall have occurred and be continuing prior
to and immediately after giving effect to such Delayed Draw Term Loan, the application of the proceeds therefrom and any acquisition or investment consummated in connection therewith, (ii) all representations and warranties made by each Loan
Party contained herein and in the other Loan Documents shall be true and correct in all material 

  
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respects, in each case, with the same effect as though such representations and warranties had been made on and as of the date of such Borrowing; provided that in the case of any
representation or warranty that expressly relates to a given date or period, such representation and warranty shall be true and correct in all material respects as of the respective date or for the respective period, as the case may be;
provided, further, that if any of the representations are qualified by or subject to a “material adverse effect”, “material adverse change” or similar term or qualification, such representations shall be true and
correct in all respects, and (iii) no injunction, writ, restraining order, or other order of any nature restricting or prohibiting, directly or indirectly, such Borrowing shall have been issued and remain in force by any Governmental Authority
against the Borrowers, the Agent or any Lender. The acceptance of the benefits of each Borrowing shall constitute a representation and warranty by each Loan Party to each of the Lenders that all the applicable conditions specified above are
satisfied as of that time. 
 (b) Notice of Borrowing. The Borrowers shall give the Agent prior written notice (or
telephonic notice promptly confirmed in writing) prior to 1:00 p.m. (New York time) at least ten (10) Business Days’ prior to each Borrowing of Delayed Draw Term Loans. Such notice shall be substantially in the form of Exhibit D
(each, a “Notice of Borrowing”), shall be irrevocable and shall specify (i) the aggregate principal amount of the Delayed Draw Term Loan to be made, (ii) the date of the Borrowing and (iii) whether the Delayed Draw
Term Loan shall consist of Base Rate Loans and/or LIBOR Rate Loans. The Agent shall promptly give each Lender written notice (or telephonic notice promptly confirmed in writing) of each proposed Borrowing of Delayed Draw Term Loans, of such
Lender’s proportionate share thereof and of the other matters covered by the related Notice of Borrowing. 
 3.3 Effect of
Maturity. On the Maturity Date, all of the Obligations immediately shall become due and payable without notice or demand and Borrowers shall be required to repay all of the Obligations in full. No termination of the obligations of the
Lender Group (other than payment in full of the Obligations) shall relieve or discharge any Loan Party of its duties, obligations, or covenants hereunder or under any other Loan Document and Agent’s Liens in the Collateral shall continue to
secure the Obligations and shall remain in effect until all Obligations have been paid in full. When all of the Obligations have been paid in full, Agent will, at Borrowers’ sole expense, execute and deliver any termination statements, lien
releases, discharges of security interests, and other similar discharge or release documents (and, if applicable, in recordable form) as are reasonably necessary to release, as of record, Agent’s Liens and all notices of security interests and
liens to secure the Obligations previously filed by or on behalf of Agent, in each case as requested by Borrowers in writing. 
 4. REPRESENTATIONS AND
WARRANTIES. 
 In order to induce the Lender Group to enter into this Agreement, each Borrower makes the following representations and
warranties to the Lender Group which shall be true, correct, and complete, and such representations and warranties shall survive the execution and delivery of this Agreement: 

  
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 4.1 Due Organization and Qualification; Subsidiaries. 

(a) Each Loan Party and each of its Subsidiaries (i) is duly organized and existing and in good standing under the laws of
the jurisdiction of its organization, (ii) is qualified to do business in any state where the failure to be so qualified could reasonably be expected to result in a Material Adverse Effect, and (iii) has all requisite power and authority
to own and operate its properties, to carry on its business as now conducted and as proposed to be conducted, to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby. 

(b) Set forth on Schedule 4.1(b) to this Agreement (as such Schedule may be updated from time to time to reflect changes
resulting from transactions permitted under this Agreement) is a complete and accurate description of the authorized Equity Interests of each Loan Party, by class, and, as of the Closing Date, a description of the number of shares of each such class
that are issued and outstanding. 
 (c) Set forth on Schedule 4.1(c) to this Agreement (as such Schedule may be
updated from time to time to reflect changes resulting from transactions permitted under this Agreement) is a complete and accurate list of the Loan Parties’ direct and indirect Subsidiaries, showing: (i) the number of shares of each class
of common and preferred Equity Interests authorized for each of such Subsidiaries, and (ii) the number and the percentage of the outstanding shares of each such class owned directly or indirectly by each Loan Party. All of the outstanding
Equity Interests of each such Subsidiary has been validly issued and is fully paid and non-assessable. 

(d) Except as set forth on Schedule 4.1(d) to this Agreement, there are no subscriptions, options, warrants, or calls
relating to any shares of any Loan Party’s or any of its Subsidiaries’ Equity Interests, including any right of conversion or exchange under any outstanding security or other instrument. No Loan Party is subject to any obligation
(contingent or otherwise) to repurchase or otherwise acquire or retire any shares of its Equity Interests or any security convertible into or exchangeable for any of its Equity Interests. 

4.2 Due Authorization; No Conflict. 

(a) As to each Loan Party, the execution, delivery, and performance by such Loan Party of the Loan Documents to which it is a
party have been duly authorized by all necessary action on the part of such Loan Party. 
 (b) As to each Loan Party, the
execution, delivery, and performance by such Loan Party of the Loan Documents to which it is a party do not and will not (i) violate any material provision of federal, state, or local law or regulation applicable to any Loan Party or its
Subsidiaries, the Governing Documents of any Loan Party or its Subsidiaries, or any order, judgment, or decree of any court or other Governmental Authority binding on any Loan Party or its Subsidiaries, (ii) conflict with, result in a breach
of, or constitute (with due notice or lapse of time or both) a default under any Material Contract of any Loan Party or its Subsidiaries where any such conflict, breach or default could individually or in the

  
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aggregate reasonably be expected to have a Material Adverse Effect, (iii) result in or require the creation or imposition of any Lien of any nature whatsoever upon any assets of any Loan
Party, other than Permitted Liens, or (iv) require any approval of any holder of Equity Interests of a Loan Party or any approval or consent of any Person under any material agreement of any Loan Party, other than consents or approvals that
have been obtained and that are still in force and effect and except, in the case of material agreements, for consents or approvals, the failure of which to obtain could not individually or in the aggregate reasonably be expected to cause a Material
Adverse Effect. 
 4.3 Governmental Consents. The execution, delivery, and performance by each Loan Party of the Loan
Documents to which such Loan Party is a party and the consummation of the transactions contemplated by the Loan Documents do not and will not require any registration with, consent, or approval of, or notice to, or other action with or by, any
Governmental Authority, other than registrations, consents, approvals, notices, or other actions that have been obtained and that are still in force and effect and except for filings and recordings with respect to the Collateral to be made, or
otherwise delivered to Agent for filing or recordation, as of the Closing Date. 
 4.4 Binding Obligations; Perfected
Liens. 
 (a) Each Loan Document has been duly executed and delivered by each Loan Party that is a party thereto and
is the legally valid and binding obligation of such Loan Party, enforceable against such Loan Party in accordance with its respective terms, except as enforcement may be limited by equitable principles or by bankruptcy, insolvency, reorganization,
moratorium, or similar laws relating to or limiting creditors’ rights generally. 
 (b) Agent’s Liens are validly
created, perfected (other than (i) money, (ii) letter-of-credit rights (other than supporting obligations), (iii) commercial tort claims (other than those that, by
the terms of the Guaranty and Security Agreement, are required to be perfected), (iv) any Deposit Accounts and Securities Accounts not subject to a Control Agreement as permitted by Section 7(k)(v) of the Guaranty and Security Agreement, and
(v) in respect of motor vehicles that are subject to a certificate of title, and subject only to the filing of financing statements, in each case, in the appropriate filing offices), and first priority Liens, subject only to Permitted Liens
which are non-consensual Permitted Liens, Liens securing Permitted Purchase Money Indebtedness, or the interests of lessors under Capital Leases and in the case of ABL Priority Collateral, subject to Liens
permitted under clause (p) of the definition of “Permitted Liens”. 
 4.5 Title to Assets; No
Encumbrances. Each of the Loan Parties and its Subsidiaries has (a) good, sufficient and legal title to (in the case of fee interests in Real Property), (b) valid leasehold interests in (in the case of leasehold interests in real or
personal property), and (c) good and marketable title to (in the case of all other personal property), all of their respective assets reflected in their most recent financial statements delivered pursuant to
Section 5.1, in each case except for assets disposed of since the date of such financial statements to the extent permitted hereby. All of such assets are free and clear of Liens except for Permitted Liens. 

  
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 4.6 Litigation. 

(a) There are no actions, suits, or proceedings pending or, to the knowledge of ICD or any Borrower, threatened in writing
against a Loan Party or any of its Subsidiaries that either individually or in the aggregate could reasonably be expected to result in a Material Adverse Effect. 

(b) Schedule 4.6(b) to this Agreement sets forth a complete and accurate description of each of the actions, suits, or
proceedings with asserted liabilities in excess of, or that could reasonably be expected to result in liabilities in excess of, $1,000,000 that, as of the Closing Date, is pending or, to the knowledge of ICD or any Borrower, threatened in writing
against a Loan Party or any of its Subsidiaries. 
 4.7 Compliance with Laws. No Loan Party nor any of its Subsidiaries
(a) is in violation of any applicable laws, rules, regulations, executive orders, or codes (including Environmental Laws) that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect, or
(b) is subject to or in default with respect to any final judgments, writs, injunctions, decrees, rules or regulations of any court or any federal, state, municipal or other governmental department, commission, board, bureau, agency or
instrumentality, domestic or foreign, that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. 

4.8 No Material Adverse Effect. All historical financial statements relating to the Loan Parties and their Subsidiaries
that have been delivered by Loan Parties to Agent or any Lender have been prepared in accordance with GAAP (except, in the case of unaudited financial statements, for the lack of footnotes and being subject to
year-end audit adjustments) and present fairly in all material respects, ICD’s and its Subsidiaries’ or the Borrowers’ and their Subsidiaries’, as applicable, consolidated financial
condition as of the date thereof and results of operations for the period then ended. Since December 31, 2017, no event, circumstance, or change has occurred that has or could reasonably be expected to result in a Material Adverse Effect. 

4.9 Solvency. 

(a) The Loan Parties, taken as a whole, are Solvent. 

(b) No transfer of property is being made by any Loan Party and no obligation is being incurred by any Loan Party in connection
with the transactions contemplated by this Agreement, the other Loan Documents or the ABL Documents with the intent to hinder, delay, or defraud either present or future creditors of such Loan Party. 

4.10 Employee Benefits. 

(a) Except as set forth on Schedule 4.10, no Loan Party, none of their Subsidiaries, nor any of their ERISA Affiliates
maintains or contributes to any Pension Plan. 

  
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 (b) Each Loan Party and each of the ERISA Affiliates has complied with
ERISA, the IRC and all applicable laws regarding each Employee Benefit Plan, except for such compliance failures that, either individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. 

(c) Each Employee Benefit Plan (other than a Multiemployer Plan) is, and has been, maintained in compliance with ERISA, the
IRC, all applicable laws and the terms of each such Employee Benefit Plan, except for such compliance failures that, either individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. 

(d) Each Employee Benefit Plan (other than a Multiemployer Plan) that is intended to qualify under Section 401(a) of the
IRC has received a favorable determination letter from the Internal Revenue Service or is entitled to rely on an opinion or advisory letter provided under a volume submitted or prototype program. To the knowledge of each Loan Party and the ERISA
Affiliates, nothing has occurred which could reasonably be expected to prevent, or cause the loss of, such qualification. 

(e) No liability to the PBGC (other than for the payment of current premiums which are not past due) by any Loan Party or ERISA
Affiliate has been incurred or is reasonably expected by any Loan Party or ERISA Affiliate to be incurred with respect to any Pension Plan. 

(f) No Notification Event exists or has occurred in the past six (6) years, except for such events that either
individually or in the aggregate could not reasonably be expected to result in a Material Adverse Effect. 
 (g) No Loan
Party or ERISA Affiliate has provided any security under Section 436 of the IRC. 
 4.11 Environmental Condition.
Except as set forth on Schedule 4.11 to this Agreement, (a) to the knowledge of each Borrower, no Loan Party’s nor any of its Subsidiaries’ properties or assets has ever been used by a Loan Party, its Subsidiaries, or by
previous owners or operators in the disposal of, or to produce, store, handle, treat, release, or transport, any Hazardous Materials, where such disposal, production, storage, handling, treatment, release or transport was in violation, in any
material respect, of any applicable Environmental Law, (b) no Loan Party nor any of its Subsidiaries has received written notice that a Lien arising under any Environmental Law has attached to any revenues or to any Real Property owned or
operated by a Loan Party or its Subsidiaries, and (c) no Loan Party nor any of its Subsidiaries nor any of their respective facilities or operations is subject to any outstanding written order, consent decree, or settlement agreement with any
Person relating to any Environmental Law or Environmental Liability, that individually or in the aggregate would reasonably be expected to result in a Material Adverse Effect. Except as set forth on Schedule 4.11 to this Agreement, to the
knowledge of each Borrower, no Loan Party’s nor any of its Subsidiaries’ properties or assets has ever been designated or listed as a Hazardous Materials disposal site under applicable Environmental Laws. 

  
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 4.12 Complete Disclosure. All factual information taken as a whole
(other than forward-looking information and projections and information of a general economic nature and general information about Loan Parties’ industry) furnished by or on behalf of a Loan Party or its Subsidiaries in writing to Agent or any
Lender (including all information contained in the Schedules hereto or in the other Loan Documents) for purposes of or in connection with this Agreement or the other Loan Documents, and all other such factual information taken as a whole (other than
forward-looking information and projections and information of a general economic nature and general information about Loan Parties’ industry) hereafter furnished by or on behalf of a Loan Party or its Subsidiaries in writing to Agent or any
Lender will be, true and accurate, in all material respects, on the date as of which such information is dated or certified and not incomplete by omitting to state any fact necessary to make such information (taken as a whole) not misleading in any
material respect at such time in light of the circumstances under which such information was provided; provided that, in the case of information with respect to Sidewinder, the foregoing representations are limited to the knowledge of ICD.
The Projections delivered to Lenders prior to the Closing Date represent, and as of the date on which any other Projections are delivered to Lenders, such additional Projections represent, Loan Parties’ good faith estimate, on the date such
Projections are delivered, of the Loan Parties’ and their Subsidiaries’ future performance for the periods covered thereby based upon assumptions believed by Loan Parties to be reasonable at the time of the delivery thereof to Lenders (it
being understood that such Projections are subject to significant uncertainties and contingencies, many of which are beyond the control of the Loan Parties and their Subsidiaries, and no assurances can be given that such Projections will be
realized, and although reflecting Loan Parties’ good faith estimate, projections or forecasts based on methods and assumptions which Loan Parties believed to be reasonable at the time such Projections were prepared, are not to be viewed as
facts, and that actual results during the period or periods covered by the Projections may differ materially from projected or estimated results). 

4.13 Patriot Act. To the extent applicable, each Loan Party is in compliance, in all material respects, with the
(a) Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating
thereto, and (b) Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA Patriot Act of 2001, as amended) (the “Patriot Act”). 

4.14 Indebtedness. Set forth on Schedule 4.14 to this Agreement is a true and complete list of all Indebtedness of
each Loan Party and each of its Subsidiaries (other than Indebtedness in respect of the Existing Letters of Credit, as defined in the ABL Credit Agreement) outstanding immediately prior to the Closing Date that is to remain outstanding immediately
after giving effect to the closing hereunder on the Closing Date and such Schedule accurately sets forth the aggregate principal amount of such Indebtedness as of the Closing Date. 

4.15 Payment of Taxes. Except for failures that could not reasonably be expected, either individually or in the aggregate
to result in a Material Adverse Effect, all Tax returns and reports of each Loan Party and its Subsidiaries required to be filed by any of them have been timely filed, and all Taxes shown on such Tax returns to be due and payable and all other Taxes
upon a Loan Party and its Subsidiaries and upon their respective assets, income, businesses and franchises that are due and payable have been paid when due and payable except those subject to a Permitted Protest. Each Loan Party and each of its
Subsidiaries have made adequate provision in accordance with Section 4.8 for all Taxes not yet due and payable in accordance with Section 4.8. No Borrower knows of any proposed material Tax
assessment against a Loan Party or any of its 

  
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Subsidiaries that is not being actively contested by such Loan Party or such Subsidiary diligently, in good faith, and by appropriate proceedings; provided, that such reserves or other
appropriate provisions, if any, as shall be required in conformity with GAAP shall have been made or provided therefor. 
 4.16
Margin Stock. Neither any Loan Party nor any of its Subsidiaries owns any Margin Stock or is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying
any Margin Stock. No part of the proceeds of the Loans made to Borrowers will be used to purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock or for any purpose that violates the
provisions of Regulation T, U or X of the Board of Governors. Neither any Loan Party nor any of its Subsidiaries expects to acquire any Margin Stock. 

4.17 Governmental Regulation. No Loan Party nor any of its Subsidiaries is subject to regulation under the Federal Power
Act or the Investment Company Act of 1940 or under any other federal or state statute or regulation which may limit its ability to incur Indebtedness or which may otherwise render all or any portion of the Obligations unenforceable. No Loan Party
nor any of its Subsidiaries is a “registered investment company” or a company “controlled” by a “registered investment company” or a “principal underwriter” of a “registered investment company” as
such terms are defined in the Investment Company Act of 1940. 
 4.18 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money
Laundering Laws. No Loan Party or any of its Subsidiaries is in violation of any Sanctions. No Loan Party nor any of its Subsidiaries nor any officer or director of such Loan Party or such Subsidiary nor, to the knowledge of such Loan Party,
any employee, agent or Affiliate of such Loan Party or such Subsidiary (a) is a Sanctioned Person or a Sanctioned Entity, (b) has any assets located in Sanctioned Entities, or (c) derives revenues from investments in, or transactions
with Sanctioned Persons or Sanctioned Entities. Each of the Loan Parties and its Subsidiaries has implemented and maintains in effect policies and procedures designed to ensure compliance with all Sanctions, Anti-Corruption Laws and Anti-Money
Laundering Laws. Each of the Loan Parties and its Subsidiaries and their respective officers and directors, and to the knowledge of each such Loan Party, each employee, agent and Affiliate of each such Loan Party and each such Subsidiary, is in
compliance with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. No proceeds of the Loans made hereunder will be used to fund any operations in, finance any investments or activities in, or make any payments to, a Sanctioned
Person or a Sanctioned Entity, or otherwise used in any manner that would result in a violation of any Sanction, Anti-Corruption Law or Anti-Money Laundering Law by any Person (including any Lender or other individual or entity participating in any
transaction). 
 4.19 Employee and Labor Matters. There is (i) no unfair labor practice complaint pending or, to
the knowledge of ICD or any Borrower, threatened in writing against any Loan Party or its Subsidiaries before any Governmental Authority and no grievance or arbitration proceeding pending or threatened in writing against any Loan Party or its
Subsidiaries which arises out of or under any collective bargaining agreement and that could reasonably be expected to result in a material liability, (ii) no strike, labor dispute, slowdown, stoppage or similar action or grievance pending or
threatened in writing against any Loan Party or its Subsidiaries that could reasonably be expected to result in a material liability, or (iii) to the knowledge of any Borrower, 

  
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no union representation question existing with respect to the employees of any Loan Party or its Subsidiaries and no union organizing activity taking place with respect to any of the employees of
any Loan Party or its Subsidiaries. None of any Loan Party or its Subsidiaries has incurred any liability or obligation under the Worker Adjustment and Retraining Notification Act or similar state law, which remains unpaid or unsatisfied. The hours
worked and payments made to employees of each Loan Party and its Subsidiaries have not been in violation of the Fair Labor Standards Act or any other applicable legal requirements, except to the extent such violations could not, individually or in
the aggregate, reasonably be expected to result in a Material Adverse Effect. All material payments due from any Loan Party or its Subsidiaries on account of wages and employee health and welfare insurance and other benefits have been paid or
accrued as a liability on the books of the Loan Parties, except where the failure to do so could not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect. 

4.20 Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to
their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists
under any of them. 
 4.21 Location of Inventory. The Inventory of ICD and its Subsidiaries is located only at, or in-transit between or temporarily at a customer’s location in connection with the providing of services to such customer, the locations identified on Schedule 4.21 to this Agreement (as such Schedule may
be updated pursuant to Section 5.13). 
 4.22 Inventory Records. Each Loan Party keeps correct
and accurate records itemizing and describing the type, quality, and quantity of its and its Subsidiaries’ Inventory and the book value thereof. 

4.23 Material Contracts. Schedule 4.23 sets forth all Material Contracts to which any Loan Party is a party as of
the Closing Date. The Loan Parties have delivered true, correct and complete copies of such Material Contracts to the Lenders on or before the Closing Date, subject to confidentiality restrictions contained therein. The Loan Parties are not in
breach or in default of or under any Material Contract which would reasonably likely result in a Material Adverse Effect and have not received any written notice of the intention of any other party thereto to terminate any Material Contract prior to
the end of its current term. 
 4.24 ABL Documents. As of the Closing Date, the Loan Parties have delivered to Agent and
Lenders a complete and correct copy of the ABL Documents (including all schedules, exhibits, amendments, supplements, modifications, assignments and all other documents delivered pursuant thereto or in connection therewith, but excluding the fee
letter entered into by the ABL Agent in connection with the ABL Documents). All Obligations constitute Indebtedness entitled to the benefits of the provisions contained in the Intercreditor Agreement. 

5. AFFIRMATIVE COVENANTS. 
 Each Borrower
covenants and agrees that, until the payment in full of the Obligations: 

  
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 5.1 Financial Statements, Reports, Certificates. ICD (a) will
deliver to each Lender each of the financial statements, reports, and other items set forth on Schedule 5.1 to this Agreement no later than the times specified therein, provided, however, that if any Lender notifies ICD of such
Lender’s election not to receive such financial statements, reports, and other items, ICD shall not deliver such financial statements, reports, and other items to such Lender, (b) agree that no Subsidiary of a Loan Party will have a fiscal
year different from that of ICD, (c) agree to maintain a system of accounting that enables Loan Parties to produce financial statements in accordance with GAAP, and (d) agree that they will, and will cause each other Loan Party to,
(i) keep a reporting system that shows all additions, sales, claims, returns, and allowances with respect to their and their Subsidiaries’ sales, and (ii) maintain their billing systems and practices substantially as in effect as of
the Closing Date and shall only make material modifications thereto with notice to the Lenders, and with the consent of the Required Lenders. 

5.2 Reporting. The Borrowers (a) will deliver to each Lender each of the reports set forth on Schedule 5.2 to
this Agreement at the times specified therein, provided, however, that if any Lender notifies ICD of such Lender’s election not to receive such reports, ICD shall not deliver such reports to such Lender and (b) agree to use
commercially reasonable efforts in cooperation with Agent and Lenders to facilitate and implement a system of electronic collateral reporting in order to provide electronic reporting of each of the items set forth on such Schedule. 

5.3 Existence. Except as otherwise permitted under Section 6.3 or
Section 6.4, each Loan Party will, and will cause each of its Subsidiaries to, at all times preserve and keep in full force and effect such Person’s valid existence and good standing in its jurisdiction of organization
and, except as could not reasonably be expected to result in a Material Adverse Effect, good standing with respect to all other jurisdictions in which it is qualified to do business and any rights, franchises, permits, licenses, accreditations,
authorizations, or other approvals material to their businesses. 
 5.4 Maintenance of Properties. Each Loan Party will,
and will cause each of its Subsidiaries to, maintain and preserve all of its assets that are necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear, tear, casualty, and condemnation and Permitted
Dispositions excepted (and except where the failure to so maintain and preserve assets could not reasonably be expected to result in a Material Adverse Effect). 

5.5 Taxes. Each Loan Party will, and will cause each of its Subsidiaries to, pay in full before delinquency or before the
expiration of any extension period all Taxes imposed, levied, or assessed against it, or any of its assets or in respect of any of its income, businesses, or franchises, other than to the extent that the validity of such Tax is the subject of a
Permitted Protest. 
 5.6 Insurance. Each Loan Party will, and will cause each of its Subsidiaries to, at
Borrowers’ expense, maintain insurance respecting each of each Loan Party’s and its Subsidiaries’ assets wherever located, covering liabilities, losses or damages as are customarily are insured against by other Persons engaged in same
or similar businesses and similarly situated and located. All such policies of insurance shall be with financially sound and reputable insurance companies acceptable to the Required Lenders and in such amounts as is carried generally in accordance
with sound business practice by companies in similar businesses similarly situated and located, including all risk physical loss or damage property insurance (including water damage, domestic 

  
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transit coverage, collapse coverage, coverage of fire, and rapid means of transportation coverages) with respect to any Rig (other than an individual Rig with a book value less than $5,000,000)
in an amount equal to or greater than the forced liquidation value of each Rig with a deductible not greater than $250,000 per occurrence (or, in the case of a Rig with a book value greater than $20,000,000, a deductible not greater than $750,000
per occurrence), and, in any event, in amount, adequacy, and scope reasonably satisfactory to the Required Lenders. All property insurance policies are to be made payable to Agent for the benefit of Agent and the Lenders, as their interests may
appear, in case of loss, pursuant to a standard lender’s loss payable endorsement with a standard non-contributory “lender” or “secured party” clause and are to contain such other
provisions as Agent or any Lender may reasonably require to fully protect the Lenders’ interest in the Collateral and to any payments to be made under such policies. All certificates of property and general liability insurance are to be
delivered to Agent, with the lender’s loss payable and additional insured endorsements in favor of Agent and shall provide for not less than thirty days (ten days in the case of non-payment) prior written
notice to Agent of the exercise of any right of cancellation. If any Loan Party or its Subsidiaries fails to maintain such insurance, Agent or the Required Lenders may arrange for such insurance, but at Borrowers’ expense and without any
responsibility on Agent’s or any Lender’s part for obtaining and maintaining the insurance, the solvency of the insurance companies, the adequacy of the coverage, or the collection of claims. ICD shall give Agent prompt notice of any loss
exceeding $1,000,000 covered by the casualty or business interruption insurance of any Loan Party or its Subsidiaries. Upon the occurrence and during the continuance of an Event of Default, Agent shall have the sole right to file claims under any
property and general liability insurance policies in respect of the Collateral, to receive, receipt and give acquittance for any payments that may be payable thereunder, and to execute any and all endorsements, receipts, releases, assignments,
reassignments or other documents that may be necessary to effect the collection, compromise or settlement of any claims under any such insurance policies. 

5.7 Inspection. Each Loan Party will, and will cause each of its Subsidiaries to, permit any Lender, and each of its duly
authorized representatives or agents to visit any of its properties and inspect any of its assets or books and records, to examine and make copies of its books and records, and to discuss its affairs, finances, and accounts with, and to be advised
as to the same by, its officers and employees (provided, that an authorized representative of a Borrower shall be allowed to be present) at such reasonable times and intervals as any Lender, as applicable, may designate and, so long as no Default or
Event of Default has occurred and is continuing, with reasonable prior notice to Borrowers and during regular business hours, at Borrowers’ expense in accordance with the provisions of this Agreement; provided, however, that so long as no
Default or Event of Default has occurred and is continuing, there shall occur no more than one visit or inspection per twelve (12) month period. 

5.8 Compliance with Laws. Each Loan Party will, and will cause each of its Subsidiaries to, comply with the requirements
of all applicable laws, rules, regulations, and orders of any Governmental Authority, other than laws, rules, regulations, and orders the non-compliance with which, individually or in the aggregate, could not
reasonably be expected to result in a Material Adverse Effect. 
 5.9 Environmental. Each Loan Party will, and will
cause each of its Subsidiaries to, 

  
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 (a) Keep any property either owned or operated by any Loan Party or its
Subsidiaries free of any Environmental Liens or post bonds or other financial assurances sufficient to satisfy the obligations or liability evidenced by such Environmental Liens, 

(b) Comply with all Environmental Laws other than Environmental Laws the non-compliance
with which, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, 
 (c)
Promptly notify Agent and Lenders of any release of which any Loan Party has knowledge of a Hazardous Material in any reportable quantity from or onto property owned or operated by any Loan Party or its Subsidiaries and take any Remedial Actions
required to abate said release or otherwise to come into compliance with applicable Environmental Law, other than releases which, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect, and 

(d) Promptly, but in any event within ten Business Days of its receipt thereof, provide Agent and Lenders with written notice
of any of the following, to the extent, in the case of clauses (ii) and (iii), any of the following could reasonably be expected to have a Material Adverse Effect: (i) notice that an Environmental Lien has been filed against any of the
real or personal property of a Loan Party or its Subsidiaries, (ii) commencement of any Environmental Action or written notice that an Environmental Action will be filed against a Loan Party or its Subsidiaries, and (iii) written notice of
a violation, citation, or other administrative order from a Governmental Authority. 
 5.10 Formation of Subsidiaries.
Each Loan Party will, (a) at the time that any Loan Party forms any direct or indirect Subsidiary or acquires any direct or indirect Subsidiary after the Closing Date, or (b) at any time when any direct or indirect Subsidiary of a Loan
Party that was previously an Excluded Subsidiary ceases to be an Excluded Subsidiary, within fifteen (15) days of such event (or such later date as permitted by the Required Lenders in their sole discretion), (i) unless such Subsidiary is an
Excluded Subsidiary, cause such new Subsidiary to provide to Agent a joinder to the Guaranty and Security Agreement, in each case, together with such other security agreements, as well as appropriate financing statements, all in form and substance
reasonably satisfactory to Agent and the Required Lenders (including being sufficient to grant Agent a first priority Lien (subject to Permitted Liens) in and to the assets of such newly formed or acquired Subsidiary); (ii) provide, or cause the
applicable Loan Party to provide, to Agent a pledge agreement (or an addendum to the Guaranty and Security Agreement) and appropriate certificates and powers or financing statements, pledging all of the direct or beneficial ownership interest in
such new Subsidiary in form and substance reasonably satisfactory to Agent and the Required Lenders; provided, that only 65% of the total outstanding voting Equity Interests of any first tier Subsidiary of a Loan Party that is a CFC or a
FSHCO (and none of the Equity Interests of any direct or indirect Subsidiary of such CFC or FSHCO) shall be required to be pledged, and (iii) provide to Agent all other documentation, including the Governing Documents of such Subsidiary and one
or more opinions of counsel reasonably satisfactory to Agent and the Required Lenders, which, in its opinion, is appropriate with respect to the execution and delivery of the applicable documentation referred to above. Any document, agreement, or
instrument executed or issued pursuant to this Section 5.10 shall constitute a Loan Document. For the avoidance of doubt, for all purposes under this Section 5.10, the formation and acquisition of
a Person shall be deemed to include any formations and acquisitions by division; provided that compliance with the requirements of this Section 5.10 shall not cure any Default or Event of Default as a result of such
division. 

  
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 5.11 Further Assurances; ABL Credit Enhancements. 

(a) Each Loan Party will, and will cause each of the other Loan Parties to, at any time upon the reasonable request of Agent or
the Required Lenders, execute or deliver to Agent any and all financing statements, security agreements, pledges, assignments, opinions of counsel, and all other documents (the “Additional Documents”) that Agent or the Required
Lenders may reasonably request in form and substance reasonably satisfactory to Agent and the Required Lenders, to create, perfect, and continue perfected or to better perfect Agent’s Liens in all of the assets of each of the Loan Parties
(whether now owned or hereafter arising or acquired, tangible or intangible, real or personal) (subject to clause (b), other than any assets expressly excluded from the Collateral (as defined in the Guaranty and Security Agreement) pursuant to
Section 3 of the Guaranty and Security Agreement), and in order to fully consummate all of the transactions contemplated hereby and under the other Loan Documents; provided, that the foregoing shall not apply to any
Subsidiary of a Loan Party that is a CFC or FSHCO if providing such documents would result in adverse tax consequences or the costs to the Loan Parties of providing such documents are unreasonably excessive (as determined by the Required Lenders in
consultation with Borrowers) in relation to the benefits to Agent and the Lenders of the security afforded thereby. To the maximum extent permitted by applicable law, if any Borrower or any other Loan Party refuses or fails to execute or deliver any
reasonably requested Additional Documents within a reasonable period of time not to exceed fifteen days following the request to do so, each Borrower and each other Loan Party hereby authorizes Agent to execute any such Additional Documents in the
applicable Loan Party’s name and authorizes Agent to file such executed Additional Documents in any appropriate filing office. In furtherance of, and not in limitation of, the foregoing, each Loan Party shall take such actions as Agent or the
Required Lenders may reasonably request from time to time to ensure that the Obligations are guaranteed by the Guarantors and are secured by substantially all of the assets of the Loan Parties, including all of the outstanding capital Equity
Interests of each Subsidiary of the Borrowers (in each case, other than with respect to any assets expressly excluded from the Collateral (as defined in the Guaranty and Security Agreement) pursuant to Section 3 of the
Guaranty and Security Agreement). 
 (b) If ABL Agent or any ABL Lender is granted a Lien on any asset or property that is
not Collateral, the Loan Parties shall cause the same to be granted to the Agent and Lenders, subject to the terms of the Intercreditor Agreement. 

5.12 Compliance with ERISA and the IRC. In addition to and without limiting the generality of
Section 5.8, except as could not reasonably be expected to result in a Material Adverse Effect, each Borrower will: (a) comply in all respects with applicable provisions of ERISA and the IRC with respect to all
Employee Benefit Plans, (b) without the prior written consent of Agent and the Required Lenders, not take any action or fail to take action the result of which could result in a Loan Party or ERISA Affiliate incurring any liability to the PBGC
or to a Multiemployer Plan (other than to pay contributions or premiums payable in the ordinary course), 

  
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(c) not participate in any prohibited transaction that could result in a civil penalty, excise tax, fiduciary liability or correction obligation under ERISA or the IRC and (d) operate each
Employee Benefit Plan in such a manner that will not incur any tax liability under the IRC (including Section 4980B of the IRC). Borrowers shall furnish to Agent upon Agent’s or the Required Lenders’ reasonable written request such
additional information about any Employee Benefit Plan for which any Loan Party or ERISA Affiliate could reasonably expect to incur any material liability. With respect to each Pension Plan (other than a Multiemployer Plan) except as could not
reasonably be expected to result in a Material Adverse Effect, the Loan Parties and the ERISA Affiliates shall (i) satisfy in full and in a timely manner, without incurring any late payment or underpayment charge or penalty and without giving
rise to any Lien, all of the contribution and funding requirements of the IRC and of ERISA, and (ii) pay, or cause to be paid, to the PBGC in a timely manner, without incurring any late payment or underpayment charge or penalty, all premiums
required pursuant to ERISA. 
 5.13 Location of Inventory; Chief Executive Office. Each Loan Party will, and will cause
each of its Subsidiaries to, keep (a) their Inventory only at the locations identified on Schedule 4.21 to this Agreement (other than in-transit Inventory, Inventory out for repair, and Inventory
temporarily stored at a customer’s location in connection with the providing of services to such customer); provided that Borrowers may amend Schedule 4.21 to this Agreement so long as such amendment occurs by written notice to Agent and
the Lenders not more than ten days after the date on which such Inventory is moved to such new location and such new location is within the continental United States, and (b) their respective chief executive offices only at the locations
identified on Schedule 7 to the Guaranty and Security Agreement. Each Loan Party will, and will cause each of its Subsidiaries to, obtain Collateral Access Agreements for each of the locations for which similar agreements or waivers are delivered to
the ABL Agent. 
 5.14 OFAC; Sanctions; Anti-Corruption Laws; Anti-Money Laundering Laws. Each Loan Party will, and will
cause each of its Subsidiaries to comply with all applicable Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. Each of the Loan Parties and its Subsidiaries shall implement and maintain in effect policies and procedures designed to
ensure compliance by the Loan Parties and their Subsidiaries and their respective directors, officers, employees, agents and Affiliates with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. Each of the Loan Parties shall and shall
cause their respective Subsidiaries to comply with all Sanctions, Anti-Corruption Laws and Anti-Money Laundering Laws. 
 5.15
Post-Closing Covenant. Each of the Borrowers agrees to deliver or cause to be delivered such documents and instruments, and take or cause to be taken such other actions as may be reasonably necessary to provide the perfected
security interests and to satisfy such other conditions within the applicable time periods set forth on Schedule 5.15, as such time periods may be extended by the Required Lenders, in their sole discretion.1 
  

	1 	 NTD: Schedule to include delivery of insurance endorsements, notation of liens on Sidewinder certificated Rigs
and delivery of certificates of title. 

  
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 6. NEGATIVE COVENANTS. 

Each Borrower covenants and agrees that, until the payment in full of the Obligations: 

6.1 Indebtedness. Each Loan Party will not, and will not permit any of its Subsidiaries to, create, incur, assume, suffer
to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness. 

6.2 Liens. Each Loan Party will not, and will not permit any of its Subsidiaries to, create, incur, assume, or suffer to
exist, directly or indirectly, any Lien on or with respect to any of its assets, of any kind, whether now owned or hereafter acquired, or any income or profits therefrom, except for Permitted Liens. 

6.3 Restrictions on Fundamental Changes. Each Loan Party will not, and will not permit any of its Subsidiaries to, 

(a) other than the Merger, enter into any merger, consolidation, reorganization, division, or recapitalization, or reclassify
its Equity Interests, except for (i) any merger between Loan Parties; provided, that (x) a Borrower must be the surviving entity of any such merger to which it is a party and (y) ICD must be the surviving entity of any merger
to which it is party, (ii) any merger between a Loan Party and a Subsidiary of such Loan Party that is not a Loan Party so long as such Loan Party is the surviving entity of any such merger, and (iii) any merger between Subsidiaries of any
Loan Party that are not Loan Parties, 
 (b) liquidate, wind up, or dissolve itself (or suffer any liquidation or
dissolution), except for (i) the liquidation or dissolution of non-operating Subsidiaries of any Loan Party with nominal assets and nominal liabilities, (ii) the liquidation or dissolution of a Loan
Party (other than any Borrower) or any of its wholly-owned Subsidiaries so long as all of the assets (including any interest in any Equity Interests) of such liquidating or dissolving Loan Party or Subsidiary are transferred to a Loan Party that is
not liquidating or dissolving, or (iii) the liquidation or dissolution of a Subsidiary of any Loan Party that is not a Loan Party (other than any such Subsidiary the Equity Interests of which (or any portion thereof) is subject to a Lien in
favor of Agent) so long as all of the assets of such liquidating or dissolving Subsidiary are transferred to a Subsidiary of a Loan Party that is not liquidating or dissolving, 

(c) suspend or cease operating a substantial portion of its or their business, except as permitted pursuant to clauses
(a) or (b) above or in connection with a transaction permitted under Section 6.4, 
 (d)
change its classification/status for U.S. federal income tax purposes, or 
 (e) file a certificate of division, adopt a plan
of division or otherwise take any action to effectuate a division pursuant to Section 18-217 of the Delaware Limited Liability Company Act (or any analogous action taken pursuant to applicable law with
respect to any corporation, limited liability company, partnership or other entity). 

  
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 6.4 Disposal of Assets. Other than Permitted Dispositions or
transactions expressly permitted by Sections 6.3 or 6.9, each Loan Party will not, and will not permit any of its Subsidiaries to, (a) convey, sell, lease, license, assign, transfer, or otherwise dispose of any of its or their
assets or (b) file a certificate of division, adopt a plan of division or otherwise take any action to effectuate a division pursuant to Section 18-217 of the Delaware Limited Liability Company Act
(or any analogous action taken pursuant to applicable law with respect to any corporation, limited liability company, partnership or other entity). 

6.5 Nature of Business. Each Loan Party will not, and will not permit any of its Subsidiaries to, make any material change
in the nature of its or their business as described in Schedule 6.5 to this Agreement or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, that the foregoing shall not
prevent any Loan Party and its Subsidiaries from engaging in any business that is reasonably related or ancillary to its or their business. 

6.6 Prepayments and Amendments. Each Loan Party will not, and will not permit any of its Subsidiaries to, 

(a) except in connection with Refinancing Indebtedness permitted by Section 6.1, optionally prepay,
redeem, defease, purchase, or otherwise acquire any Indebtedness of any Loan Party or its Subsidiaries, other than 
 (i) the
Obligations in accordance with this Agreement; 
 (ii) payments in respect of the ABL Indebtedness except to the extent
prohibited by the terms of the Intercreditor Agreement; and 
 (iii) Permitted Intercompany Advances; 

provided that the Loan Parties may optionally prepay or redeem Indebtedness, in an aggregate amount not to exceed the portion, if any,
of the Available Amount that the Loan Parties elect to use to prepay or redeem such Indebtedness, such election to be specified in a written notice of an Authorized Person of the Administrative Borrower calculating in reasonable detail the amount of
the Available Amount immediately prior to such election and the amount thereof to be so applied; provided, that each of the following conditions is satisfied: (i) no Event of Default has occurred or is continuing of would result therefrom, and
(ii) after giving pro forma effect to such payment or redemption, (x) the Fixed Charge Coverage Ratio for the latest Measurement Period ending prior to such date shall be at least 1.10 to 1.00, and (y) the Total Net Leverage Ratio for
the latest Measurement Period ending prior to such date shall be no greater than 3.00 to 1.00, or 
 (b) Directly or
indirectly, amend, modify, or change any of the terms or provisions of: 
 (i) any agreement, instrument, document,
indenture, or other writing evidencing or concerning Permitted Indebtedness other than (A) the Obligations in accordance with this Agreement, (B) the ABL Documents to the extent not prohibited by the Intercreditor Agreement,
(C) Permitted Intercompany Advances, and (D) Indebtedness permitted under clauses (c) and (f) of the definition of “Permitted Indebtedness”, or 

  
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 (ii) the Governing Documents of any Loan Party or any of its Subsidiaries if
the effect thereof, either individually or in the aggregate, could reasonably be expected to be materially adverse to the interests of the Lenders. 

6.7 Restricted Payments. Each Loan Party will not, and will not permit any of its Subsidiaries to, make any Restricted
Payment; provided, that so long as it is permitted by law, 
 (a) each Subsidiary of a Loan Party may make Restricted
Payments to any Loan Party, 
 (b) each Subsidiary of a Loan Party which is not a Loan Party may make Restricted Payments to
another Subsidiary that is not a Loan Party, 
 (c) Loan Parties and their Subsidiaries may make Restricted Payments
permitted by Section 6.3, 
 (d) the Loan Parties may consummate repurchases, redemptions or other
acquisitions or retirements for value of Equity Interests made or deemed to be made in connection with any exercise, vesting, settlement or exchange, as applicable, of stock options, warrants, restricted stock, restricted stock units or other
similar rights in an aggregate amount not to exceed $5,000,000 during any calendar year and $15,000,000 during the term of this Agreement, provided that each of the Payment Conditions shall be satisfied prior to the making of such repurchase,
redemption, acquisition or retirement, and 
 (e) Loan Parties may make other Restricted Payments in an aggregate amount not
to exceed the portion, if any, of the Available Amount that the Loan Parties elect to use to make a Restricted Payment, such election to be specified in a written notice of an Authorized Person of the Administrative Borrower calculating in
reasonable detail the amount of the Available Amount immediately prior to such election and the amount thereof to be so applied; provided, that each of the following conditions is satisfied: (i) no Event of Default has occurred or is
continuing of would result therefrom, and (ii) after giving pro forma effect to such payment, (x) the Fixed Charge Coverage Ratio for the latest Measurement Period ending prior to such date shall be at least 1.10 to 1.00, and (y) the
Total Net Leverage Ratio for the latest Measurement Period ending prior to such date shall be no greater than 3.00 to 1.00. 
 6.8
Accounting Methods. Each Loan Party will not, and will not permit any of its Subsidiaries to, modify or change its fiscal year or its method of accounting (other than as may be required to conform to GAAP). 

6.9 Investments. Each Loan Party will not, and will not permit any of its Subsidiaries to, directly or indirectly, make or
acquire any Investment or incur any liabilities (including contingent obligations) for or in connection with any Investment except for Permitted Investments. 

6.10 Transactions with Affiliates. Each Loan Party will not, and will not permit any of its Subsidiaries to, directly or
indirectly, enter into or permit to exist any transaction or series of related transactions with any Affiliate of any Loan Party or any of its Subsidiaries except for: 

  
 73 

 (a) transactions (other than the payment of management, consulting,
monitoring, or advisory fees) between such Loan Party or its Subsidiaries, on the one hand, and any Affiliate of such Loan Party or its Subsidiaries, on the other hand, so long as such transactions are no less favorable, taken as a whole, to such
Loan Party or its Subsidiaries, as applicable, than would be obtained in an arm’s length transaction with a non-Affiliate, 

(b) any indemnity provided for the benefit of directors (or comparable managers) of a Loan Party or one of its Subsidiaries so
long as it has been approved by such Loan Party’s or such Subsidiary’s board of directors (or comparable governing body) in accordance with applicable law, 

(c) the payment of reasonable compensation, severance, or employee benefit arrangements to employees, officers, and outside
directors of a Loan Party or one of its Subsidiaries in the ordinary course of business and consistent with industry practice so long as it has been approved by such Loan Party’s or such Subsidiary’s board of directors (or comparable
governing body) in accordance with applicable law, 
 (d) transactions solely among the Loan Parties, 

(e) transactions permitted by Section 6.3, Section 6.7, or
Section 6.9, 
 (f) agreements for the non-exclusive
licensing of intellectual property, or distribution of products, in each case, among the Loan Parties and their Subsidiaries for the purpose of the counterparty thereof operating its business, and agreements for the assignment of intellectual
property from any Loan Party or any of its Subsidiaries to any Loan Party, and 
 (g) with respect to any Affiliated Lender,
this Agreement and the transactions contemplated hereby. 
 6.11 Use of Proceeds. Each Loan Party will not, and will not
permit any of its Subsidiaries to, use the proceeds of the Loans made hereunder for any purpose other than (a) on the Closing Date, (i) to repay, in full, the outstanding principal, accrued interest, and accrued fees and expenses owing
under or in connection with the Existing Facilities, and (ii) to pay the fees, costs, and expenses incurred in connection with this Agreement, the other Loan Documents, the ABL Credit Agreement, the Merger Agreement, and the transactions
contemplated hereby and thereby, in each case, as set forth in the Flow of Funds Memorandum, and (b) thereafter, to finance Permitted Investments, Permitted Acquisitions and Capital Expenditures permitted hereunder, and for working capital and
general purposes of the Loan Parties and their Subsidiaries consistent with the terms and conditions hereof, for their lawful and permitted purposes; provided that (x) no part of the proceeds of the Loans will be used to purchase or
carry any such Margin Stock or to extend credit to others for the purpose of purchasing or carrying any such Margin Stock or for any purpose that violates the provisions of Regulation T, U or X of the Board of Governors, (y) no part of the
proceeds of the Loans will be used, directly or indirectly, to make any payments to a Sanctioned Entity or a Sanctioned Person, to fund any investments, loans or contributions in, or otherwise make such proceeds available to, a Sanctioned Entity or
a Sanctioned Person, to fund any operations, activities or business of a Sanctioned Entity or a Sanctioned Person, or in any other 

  
 74 

 
manner that would result in a violation of Sanctions by any Person, and (z) that no part of the proceeds of the Loans will be used, directly or indirectly, in furtherance of an offer,
payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Sanctions, Anti-Corruption Laws or Anti-Money Laundering Laws. 

6.12 Limitation on Issuance of Equity Interests. Except for the issuance or sale of Qualified Equity Interests by ICD,
each Loan Party will not, and will not permit any of its Subsidiaries to, issue or sell any of its Equity Interests. 
 6.13
Burdensome Agreements. Each Loan Party will not, and will not permit any of its Subsidiaries to, enter into any agreement, contract or arrangement (excluding this Agreement, the other Loan Documents, the ABL Credit Agreement and
the other ABL Documents) restricting any Subsidiary of any Loan Party to pay or make dividends or distributions in cash or kind to such Loan Party, to make loans, advances or other payments of whatsoever nature to such Loan Party, or to make
transfers or distributions of all or any part of its assets to such Loan Party, in each case, other than (a) restrictions existing on the Closing Date identified on Schedule 6.13 (provided this Section 6.13
shall apply to any amendment or modification expanding the scope of any such restriction or condition), (b) restrictions on specific assets which assets are the subject of purchase money security interests to the extent permitted under
Section 6.2, (c) customary anti-assignment provisions contained in leases and licensing agreements entered into by such Loan Party or such Subsidiary in the ordinary course of its business, (d) any other provision in
any agreement relating to Permitted Indebtedness that is no more restrictive or burdensome than the comparable provision in this Agreement and (e) any restriction contained in any agreement of a Person acquired in a Permitted Investment, which
restriction was in existence at the time of such Permitted Investment (but not created in connection therewith or in contemplation thereof) and which restriction is not applicable to any Person or the properties or assets of any Person other than
the Person or the property and assets of the Person so acquired. 
 6.14 Employee Benefits. 

(a) Terminate, or permit any ERISA Affiliate to terminate, any Pension Plan in a manner, or take any other action with respect
to any Pension Plan, which could reasonably be expected to result in any liability of any Loan Party or ERISA Affiliate to the PBGC. 

(b) Fail to make, or permit any ERISA Affiliate to fail to make, full payment when due of all amounts which, under the
provisions of any Employee Benefit Plan, agreement relating thereto or applicable law, any Loan Party or ERISA Affiliate is required to pay if such failure could reasonably be expected to have a Material Adverse Effect. 

(c) Permit to exist, or allow any ERISA Affiliate to permit to exist, any accumulated funding deficiency within the meaning of
section 302 of ERISA or section 412 of the Code, whether or not waived, with respect to any Pension Plan that could reasonably be expected either individually or in the aggregate to result in a Material Adverse Effect. 

  
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 (d) Amend, or permit any ERISA Affiliate to amend, a Pension Plan resulting
in a material increase in current liability such that a Loan Party or ERISA Affiliate is required to provide security to such Plan under the IRC. 
 7.
FINANCIAL COVENANTS. 
 Each Borrower covenants and agrees that, until the payment in full of the Obligations: 

7.1 Liquidity. Loan Parties will maintain Liquidity of at least $10,000,000 at all times. 

7.2 Fixed Charge Coverage Ratio. Borrowers will maintain a Fixed Charge Coverage Ratio of at least 1.00 to 1.00 as of the
end of each Reference Period while a Trigger Period is in effect, commencing with the most recent Reference Period for which financial statements were, or were required to be, delivered hereunder prior to the commencement of such Trigger Period.

 8. EVENTS OF DEFAULT. 
 Any one or
more of the following events shall constitute an event of default (each, an “Event of Default”) under this Agreement: 

8.1 Payments. If Borrowers fail to pay when due and payable, or when declared due and payable, (a) all or any portion
of the Obligations consisting of interest, fees, or charges due the Lender Group, reimbursement of Lender Group Expenses, or other amounts (other than any portion thereof constituting principal) constituting Obligations (including any portion
thereof that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), and such failure continues for a period of three (3) Business
Days, or (b) all or any portion of the principal of the Loans; 
 8.2 Covenants. If any Loan Party or any of its
Subsidiaries: 
 (a) fails to perform or observe any covenant or other agreement contained in any of (A) Sections
5.1, 5.2, 5.3 (solely if any Loan Party is not in existence or good standing in its jurisdiction of organization), 5.5 (solely with respect to F.I.C.A., F.U.T.A., federal income taxes and any other taxes or assessments
the non-payment of which may result in a Lien having priority over Agent’s Liens), 5.6, 5.7 (solely if any Loan Party refuses to allow any Lender or its representatives or agents to visit
any Loan Party’s properties, inspect its assets or books or records, examine and make copies of its books and records, or discuss Borrowers’ affairs, finances, and accounts with officers and employees of any Borrower), 5.10,
5.13, 5.14 or 5.15 of this Agreement, (B) Section 6 of this Agreement, (C) Section 7 of this Agreement, or (D) Section 7 of the
Guaranty and Security Agreement; or 
 (b) fails to perform or observe any covenant or other agreement contained in any of
Sections 5.3 (other than if any Loan Party is not in existence or good standing in its jurisdiction of organization), 5.5, 5.8, and 5.11 of this Agreement and such failure continues for a period of ten days after the
earlier of (i) the date on which such failure shall first become known to any officer of any Borrower, or (ii) the date on which written notice thereof is given to Borrowers by Agent or any Lender; or 

  
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 (c) fails to perform or observe any covenant or other agreement contained in
this Agreement, or in any of the other Loan Documents, in each case, other than any such covenant or agreement that is the subject of another provision of this Section 8 (in which event such other provision of this
Section 8 shall govern), and such failure continues for a period of thirty days after the earlier of (i) the date on which such failure shall first become known to any officer of any Borrower, or (ii) the date on
which written notice thereof is given to Borrowers by Agent or any Lender; 
 8.3 Judgments. If one or more judgments,
orders, or awards for the payment of money involving an aggregate amount of $5,000,000, or more (except to the extent fully covered (other than to the extent of customary deductibles) by insurance pursuant to which the insurer has not denied
coverage) is entered or filed against a Loan Party or any of its Subsidiaries, or with respect to any of their respective assets, and either (a) there is a period of thirty consecutive days at any time after the entry of any such judgment,
order, or award during which (i) the same is not discharged, satisfied, vacated, or bonded pending appeal, or (ii) a stay of enforcement thereof is not in effect, or (b) enforcement proceedings are commenced upon such judgment, order,
or award; 
 8.4 Voluntary Bankruptcy, etc. If an Insolvency Proceeding is commenced by a Loan Party or any of its
Subsidiaries; 
 8.5 Involuntary Bankruptcy, etc. If an Insolvency Proceeding is commenced against a Loan Party or any
of its Subsidiaries and any of the following events occur: (a) such Loan Party or such Subsidiary consents to the institution of such Insolvency Proceeding against it, (b) the petition commencing the Insolvency Proceeding is not timely
controverted, (c) the petition commencing the Insolvency Proceeding is not dismissed within sixty calendar days of the date of the filing thereof, (d) an interim trustee is appointed to take possession of all or any substantial portion of
the properties or assets of, or to operate all or any substantial portion of the business of, such Loan Party or its Subsidiary, or (e) an order for relief shall have been issued or entered therein; 

8.6 Default Under Other Agreements. If (a) there is a default in one or more agreements to which a Loan Party or any
of its Subsidiaries is a party with one or more third Persons relative to a Loan Party’s or any of its Subsidiaries’ Indebtedness involving an aggregate amount of $5,000,000 or more (other than the ABL Credit Agreement), and such default
(i) occurs at the final maturity of the obligations thereunder, or (ii) results in a right by such third Person, irrespective of whether exercised, to accelerate the maturity of such Loan Party’s or its Subsidiary’s obligations
thereunder, (b) an Event of Default (as defined in the ABL Credit Agreement) shall have occurred, (c) a default in or an involuntary early termination of one or more Hedge Agreements to which a Loan Party or any of its Subsidiaries is a
party and any ABL Lender is a counterparty, or (d) a default in or an involuntary early termination of one or more Hedge Agreements to which a Loan Party or any of its Subsidiaries is a party and a Bank Product Provider (as defined in the ABL
Credit Agreement) is not a counterparty and, in either event under this clause (d), the swap termination costs to be paid by such Loan Party or Subsidiary to the counterparty in accordance with the terms of such Hedge Agreement are $2,000,000 or
more; 

  
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 8.7 Representations, etc. If any warranty, representation, certificate,
statement, or Record made herein or in any other Loan Document or delivered in writing to Agent or any Lender in connection with this Agreement or any other Loan Document proves to be untrue in any material respect (except that such materiality
qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) as of the date of issuance or making or deemed making thereof; 

8.8 Guaranty. If the obligation of any Guarantor under the guaranty contained in the Guaranty and Security Agreement is
limited or terminated by operation of law or by such Guarantor (other than in accordance with the terms of this Agreement) or if any Guarantor repudiates or revokes or purports to repudiate or revoke any such guaranty; 

8.9 Security Documents. If the Guaranty and Security Agreement or any other Loan Document that purports to create a Lien,
shall, for any reason, fail or cease to create a valid and perfected and, (except to the extent of Permitted Liens which are non-consensual Permitted Liens, Liens securing Permitted Purchase Money Indebtedness
or the interests of lessors under Capital Leases) first priority Lien on the Collateral covered thereby, or such Lien shall for any reason cease to be a perfected and first priority Lien (except to the extent of Permitted Liens which are non-consensual Permitted Liens, Liens securing Permitted Purchase Money Indebtedness or the interests of lessors under Capital Leases), except (a) as a result of a disposition of the applicable Collateral in a
transaction permitted under this Agreement, (b) with respect to Collateral the aggregate value of which, for all such Collateral, does not exceed at any time, $2,500,000 or (c) pursuant to the terms of the Intercreditor Agreement; 

8.10 Loan Documents. The validity or enforceability of any Loan Document shall at any time for any reason (other than
solely as the result of an action or failure to act on the part of Agent) be declared to be null and void, or a proceeding shall be commenced by a Loan Party or its Subsidiaries, or by any Governmental Authority having jurisdiction over a Loan Party
or its Subsidiaries, seeking to establish the invalidity or unenforceability thereof, or a Loan Party or its Subsidiaries shall deny that such Loan Party or its Subsidiaries has any liability or obligation purported to be created under any Loan
Document; 
 8.11 Change of Control. A Change of Control shall occur; 

8.12 ERISA. The occurrence of any of the following events: (a) any Loan Party or ERISA Affiliate fails to make full
payment when due of all amounts which any Loan Party or ERISA Affiliate is required to pay as contributions, installments, or otherwise to or with respect to a Pension Plan or Multiemployer Plan, and such failure could reasonably be expected to
result in liability in excess of $1,000,000, (b) an accumulated funding deficiency or funding shortfall in excess of $1,000,000 occurs or exists, whether or not waived, with respect to any Pension Plan, individually or in the aggregate, (c) a
Notification Event, which could reasonably be expected to result in liability in excess of $1,000,000, either individually or in the aggregate, or (d) any Loan Party or ERISA Affiliate completely or partially withdraws from one or more
Multiemployer Plans and incurs Withdrawal Liability in excess of $1,000,000 in the aggregate, or fails to make any Withdrawal Liability payment when due; or 

  
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 8.13 Intercreditor Agreement. (a) The provisions of the
Intercreditor Agreement shall, in whole or in part, terminate, cease to be effective or cease to be legally valid, binding and enforceable against any member of the Lender Group (under and as defined in the ABL Credit Agreement) or the ABL Agent, or
(b) any Loan Party shall, directly or indirectly, disavow or contest in any manner (i) the effectiveness, validity or enforceability of the Intercreditor Agreement, or (ii) that all payments realized from the liquidation of any
property of any Loan Party shall be subject to the Intercreditor Agreement. 
 9. RIGHTS AND REMEDIES. 

9.1 Rights and Remedies. Upon the occurrence and during the continuation of an Event of Default, Agent may, and, at the
instruction of the Required Lenders, shall, in addition to any other rights or remedies provided for hereunder or under any other Loan Document or by applicable law, do any one or more of the following: 

(a) by written notice to Borrowers, declare the principal of, and any and all accrued and unpaid interest, fees and Prepayment
Premium, if any, in respect of, the Loans and all other Obligations, whether evidenced by this Agreement or by the Notes or any of the other Loan Documents to be immediately due and payable, whereupon the same shall become and be immediately due and
payable and Borrowers shall be obligated to repay all of such Obligations in full, without presentment, demand, protest, or further notice or other requirements of any kind, all of which are hereby expressly waived by each Borrower; and 

(b) exercise all other rights and remedies available to Agent or the Lenders under the Loan Documents, under applicable law, or
in equity. 
 The foregoing to the contrary notwithstanding, upon the occurrence of any Event of Default described in Section 8.4
or Section 8.5, in addition to the remedies set forth above, without any notice to Borrowers or any other Person or any act by the Lender Group, the Obligations, inclusive of the principal of, together with Prepayment
Premium, if any, Funding Losses, if any, and any and all accrued and unpaid interest and fees in respect of, the Loans and all other Obligations, whether evidenced by this Agreement or by any of the other Loan Documents, shall automatically become
and be immediately due and payable and Borrowers shall automatically be obligated to repay all of such Obligations in full, without presentment, demand, protest, or notice or other requirements of any kind, all of which are expressly waived by the
Borrowers. 
 9.2 Remedies Cumulative. The rights and remedies of the Lender Group under this Agreement, the other Loan
Documents, and all other agreements shall be cumulative. The Lender Group shall have all other rights and remedies not inconsistent herewith as provided under the Code, by law, or in equity. No exercise by the Lender Group of one right or remedy
shall be deemed an election, and no waiver by the Lender Group of any Default or Event of Default shall be deemed a continuing waiver. No delay by the Lender Group shall constitute a waiver, election, or acquiescence by it. 

10. WAIVERS; INDEMNIFICATION. 
 10.1
Demand; Protest; etc. Each Borrower waives demand, protest, notice of protest, notice of default or dishonor, notice of payment and nonpayment, nonpayment at maturity, release, compromise, settlement, extension, or renewal of
documents, instruments, chattel paper, and guarantees at any time held by the Lender Group on which any Borrower may in any way be liable. 

  
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 10.2 The Lender Group’s Liability for
Collateral. Each Borrower hereby agrees that: (a) so long as Agent complies with its obligations, if any, under the Code, the Lender Group shall not in any way or manner be liable or responsible for: (i) the safekeeping of the
Collateral, (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause, (iii) any diminution in the value thereof, or (iv) any act or default of any carrier, warehouseman, bailee, forwarding agency,
or other Person, and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by the Loan Parties. 
 10.3
Indemnification. Each Borrower shall pay, indemnify, defend, and hold the Agent-Related Persons, the Lender-Related Persons and each Participant (each, an “Indemnified Person”) harmless (to the fullest extent
permitted by law) from and against any and all claims, demands, suits, actions, investigations, proceedings, liabilities, fines, costs, penalties, and damages, and all reasonable fees and disbursements of attorneys (but limited, in the case of legal
fees and expenses, to the reasonable and documented fees, disbursements and other charges of one counsel to the Agent and one counsel to the Lenders, taken as a whole, and, if necessary, of one local counsel to the Agent and the Lenders taken as a
whole in each relevant jurisdiction, and, solely in the case of any actual or perceived conflict of interest, one additional counsel in each relevant jurisdiction for those Indemnified Persons similarly situated, taken as a whole), experts, or
consultants and all other costs and expenses actually incurred in connection therewith or in connection with the enforcement of this indemnification (as and when they are incurred and irrespective of whether suit is brought), at any time asserted
against, imposed upon, or incurred by any of them (a) in connection with or as a result of or related to the execution and delivery, enforcement, performance, or administration (including any restructuring or workout with respect hereto) of
this Agreement, any of the other Loan Documents, or the transactions contemplated hereby or thereby or the monitoring of Loan Parties’ and their Subsidiaries’ compliance with the terms of the Loan Documents (provided, that the
indemnification in this clause (a) shall not extend to any claims for Taxes, which shall be governed by Section 16), (b) with respect to any actual or prospective investigation, litigation, or proceeding related to
this Agreement, any other Loan Document, the making of the Loans, or the use of the proceeds of the Loans (irrespective of whether any Indemnified Person is a party thereto), or any act, omission, event, or circumstance in any manner related
thereto, and (c) in connection with or arising out of any presence or release of Hazardous Materials at, on, under, to or from any assets or properties owned, leased or operated by any Loan Party or any of its Subsidiaries or any Environmental
Actions, Environmental Liabilities or Remedial Actions related in any way to any such assets or properties of any Loan Party or any of its Subsidiaries (each and all of the foregoing, the “Indemnified Liabilities”). The foregoing to
the contrary notwithstanding, no Borrower shall have any obligation to any Indemnified Person under this Section 10.3, in the case of any Indemnified Person, to the extent such obligation arises from (i) the fraud,
gross negligence, bad faith or willful misconduct, or a material breach of the Loan Documents, by such Indemnified Person (or respective Affiliates and their respective officers, directors, employees, advisors and agents), in each case, as
determined by a final, non-appealable judgment of a court of competent jurisdiction, (ii) any disputes solely among Indemnified Persons and not arising out of any act or omission of any Borrower or any of
their Affiliates, or (iii) entering into a settlement agreement related thereto without the written consent of any Borrower (such consent not to be unreasonably withheld or delayed). 

  
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 No Borrower nor any of their respective Affiliates and Subsidiaries or the respective directors, officers,
employees, advisors, and agents of the foregoing shall be liable for any indirect, special, punitive or consequential damages (other than in respect of any such damages incurred or paid by an Indemnified Person to a third party) in connection with
the Loans, the Loan Documents, or the transactions contemplated hereby and thereby. This provision shall survive the termination of this Agreement and the repayment in full of the Obligations. If any Indemnified Person makes any payment to any other
Indemnified Person with respect to an Indemnified Liability as to which Borrowers were required to indemnify the Indemnified Person receiving such payment, the Indemnified Person making such payment is entitled to be indemnified and reimbursed by
jointly and severally by each Borrower with respect thereto. WITHOUT LIMITATION, THE FOREGOING INDEMNITY SHALL APPLY TO EACH INDEMNIFIED PERSON WITH RESPECT TO INDEMNIFIED LIABILITIES WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF ANY
NEGLIGENT ACT OR OMISSION OF SUCH INDEMNIFIED PERSON OR OF ANY OTHER PERSON. 
 11. NOTICES. 

Unless otherwise provided in this Agreement, all notices or demands relating to this Agreement or any other Loan Document shall be in writing
and (except for financial statements and other informational documents which may be sent by first-class mail, postage prepaid) shall be personally delivered or sent by registered or certified mail (postage prepaid, return receipt requested),
overnight courier, electronic mail (at such email addresses as a party may designate in accordance herewith), or telefacsimile. In the case of notices or demands to any Loan Party, Agent or any Lender, as the case may be, they shall be sent to the
respective address set forth below: 
  

			
	If to a Borrower:	  	 Independence Contract Drilling, Inc.
 20475
State Highway 249, Suite 300
 Houston, TX 77070
 Attn:
Executive Vice President & Chief Financial Officer
 Email: pchoyce@icdrilling.com

		
	with copies to:	  	 Sidley Austin LLP
 1000 Louisiana Street

Suite 6000
 Houston, TX 77002

Attn: David Buck
 Email: dbuck@sidley.com

		
	If to Agent:	  	 U.S. Bank National Association
 214 N. Tryon
Street, 27th Floor
 Charlotte, NC 28202
 Attn: CDO Trust
Services/ James Hanley
 Email: james.hanley1@usbank.com

		
	 with copies to:
	  	 Lowenstein Sandler LLP

1251 Avenue of Americas

New York, NY 10020

Attn: Theodore Sica

Email: tsica@lowenstein.com

  
 81 

			
	 If to Lenders:
	  	 MSD PCOF Partners IV, LLC

		  	 645 Fifth Avenue

		  	 21st Floor

		  	 New York, NY 10022

		  	 Attn: Marcello Liguori

Email: MLiguori@msdcapital.com
  

	 with copies to:
	  	 Morgan, Lewis & Bockius LLP

		  	 One State Street

		  	 Hartford, Connecticut 06103

		  	 Attn: Daniel I. Papermaster, Esq.

		  	 Email: daniel.papermaster@morganlewis.com

 Any party hereto may change the address at which they are to receive notices hereunder, by notice in
writing in the foregoing manner given to the other party. All notices or demands sent in accordance with this Section 11, shall be deemed received on the earlier of the date of actual receipt or three Business Days after
the deposit thereof in the mail; provided, that (a) notices sent by overnight courier service shall be deemed to have been given when received, (b) notices by facsimile shall be deemed to have been given when sent (except that, if
not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient) and (c) notices by electronic mail shall be deemed received upon the
sender’s receipt of an acknowledgment from the intended recipient (such as by the “return receipt requested” function, as available, return email or other written acknowledgment). 

12. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER. 

(a) THE VALIDITY OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (UNLESS EXPRESSLY PROVIDED TO THE CONTRARY IN ANOTHER LOAN
DOCUMENT IN RESPECT OF SUCH OTHER LOAN DOCUMENT), THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF AND THEREOF, THE RIGHTS OF THE PARTIES HERETO AND THERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR
THERETO, AND ANY CLAIMS, CONTROVERSIES OR DISPUTES ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 

(b) THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS
SHALL BE TRIED AND LITIGATED ONLY IN THE STATE AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF NEW YORK, STATE OF  

  
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NEW YORK; PROVIDED, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT AGENT’S OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS
TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. EACH BORROWER AND EACH MEMBER OF THE LENDER GROUP WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO ASSERT THE DOCTRINE OF FORUM NON
CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 12(b). 

(c) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH BORROWER AND EACH MEMBER OF THE LENDER GROUP HEREBY WAIVE THEIR
RESPECTIVE RIGHTS, IF ANY, TO A JURY TRIAL OF ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION DIRECTLY OR INDIRECTLY BASED UPON OR ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED THEREIN, INCLUDING CONTRACT
CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS (EACH A “CLAIM”). EACH BORROWER AND EACH MEMBER OF THE LENDER GROUP REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY
WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 

(d) EACH BORROWER HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE STATE AND FEDERAL
COURTS LOCATED IN THE COUNTY OF NEW YORK AND THE STATE OF NEW YORK, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO ANY LOAN DOCUMENTS, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL
JUDGMENT IN ANY SUCH 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. NOTHING IN THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY RIGHT THAT
AGENT MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(e) NO CLAIM MAY BE MADE BY ANY LOAN PARTY AGAINST THE AGENT, ANY LENDER, OR ANY AFFILIATE, DIRECTOR, OFFICER, DIRECT OR
INDIRECT OWNER, EMPLOYEE, COUNSEL, REPRESENTATIVE, AGENT, OR ATTORNEY-IN-FACT OF ANY OF THEM  

  
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FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE OR EXEMPLARY DAMAGES OR LOSSES IN RESPECT OF ANY CLAIM FOR BREACH OF CONTRACT OR ANY OTHER THEORY OF LIABILITY ARISING OUT OF OR RELATED TO THE
TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR ANY ACT, OMISSION, OR EVENT OCCURRING IN CONNECTION THEREWITH, AND EACH LOAN PARTY HEREBY WAIVES, RELEASES, AND AGREES NOT TO SUE UPON ANY CLAIM FOR SUCH DAMAGES, WHETHER OR
NOT ACCRUED AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR. 
 13. ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS. 

13.1 Assignments and Participations. 

(a) (i) Subject to the conditions set forth in clause (a)(ii) below, any Lender may assign and delegate all or any portion
of its rights and duties under the Loan Documents (including the Obligations owed to it) to one or more assignees (each, an “Assignee”), with the prior written consent (such consent not be unreasonably withheld or delayed) of
(x) Borrowers; provided, that no consent of Borrowers shall be required (1) if an Event of Default has occurred and is continuing or (2) in connection with an assignment to any Eligible Assignee; provided further,
that Borrowers shall be deemed to have consented to a proposed assignment unless they object thereto by written notice to Agent within five Business Days after having received notice thereof; and (y) Agent. 

(ii) Assignments shall be subject to the following conditions: 

(A) no assignment may be made (i) to a Disqualified Institution, or (ii) to a natural person, 

(B) no assignment may be made to a Loan Party or an Affiliate of a Loan Party, 

(C) each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights
and obligations under this Agreement, 
 (D) the parties to each assignment shall execute and deliver to Agent an Assignment
and Acceptance; provided, that Borrowers and Agent may continue to deal solely and directly with the assigning Lender in connection with the interest so assigned to an Assignee until written notice of such assignment, together with payment
instructions, addresses, and related information with respect to the Assignee, have been given to Borrowers and Agent by such Lender and the Assignee, 

(E) the assigning Lender shall deliver written notice to the Borrowers of any assignment made to an Eligible Assignee;
provided that failure to deliver such notice shall not affect the validity, enforceability and binding effect of such assignment, and 

  
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 (F) the Assignee, if it is not a Lender, shall deliver to Agent an
Administrative Questionnaire in a form approved by Agent (the “Administrative Questionnaire”). 
 (b) From
and after the date that Agent receives the executed Assignment and Acceptance and, if applicable, payment of the required processing fee, (i) the Assignee thereunder shall be a party hereto and, to the extent that rights and obligations
hereunder have been assigned to it pursuant to such Assignment and Acceptance, shall be a “Lender” and shall have the rights and obligations of a Lender under the Loan Documents, and (ii) the assigning Lender shall, to the extent that
all rights and obligations hereunder and under the other Loan Documents have been assigned by it pursuant to such Assignment and Acceptance, relinquish its rights (except with respect to Section 10.3) and be released from
any future obligations under this Agreement (and in the case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s rights and obligations under this Agreement and the other Loan Documents, such Lender
shall cease to be a party hereto and thereto); provided, that nothing contained herein shall release any assigning Lender from obligations that survive the termination of this Agreement, including such assigning Lender’s obligations
under Section 15 and Section 17.8(a). 
 (c) By executing and delivering
an Assignment and Acceptance, the assigning Lender thereunder and the Assignee thereunder confirm to and agree with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, such assigning
Lender makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness,
sufficiency or value of this Agreement or any other Loan Document furnished pursuant hereto, (ii) such assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Loan Party
or the performance or observance by any Loan Party of any of its obligations under this Agreement or any other Loan Document furnished pursuant hereto, (iii) such Assignee confirms that it has received a copy of this Agreement, together with
such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and Acceptance, (iv) such Assignee will, independently and without reliance upon Agent, such assigning
Lender or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement, (v) such Assignee appoints and
authorizes Agent to take such actions and to exercise such powers under this Agreement and the other Loan Documents as are delegated to Agent, by the terms hereof and thereof, together with such powers as are reasonably incidental thereto, and
(vi) such Assignee agrees that it will perform all of the obligations which by the terms of this Agreement are required to be performed by it as a Lender. 

(d) Immediately upon Agent’s receipt of the required processing fee, if applicable, and delivery of notice by the
assigning Lender pursuant to Section 13.1(a)(ii)(D), this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to reflect the addition of the Assignee. 

  
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 (e) Any Lender may at any time sell to one or more commercial banks,
financial institutions, or other Persons (a “Participant”) participating interests in all or any portion of its Obligations and the other rights and interests of that Lender (the “Originating Lender”) hereunder and
under the other Loan Documents; provided, that (i) the Originating Lender shall remain a “Lender” for all purposes of this Agreement and the other Loan Documents and the Participant receiving the participating interest in the
Obligations and the other rights and interests of the Originating Lender hereunder shall not constitute a “Lender” hereunder or under the other Loan Documents and the Originating Lender’s obligations under this Agreement shall remain
unchanged, (ii) the Originating Lender shall remain solely responsible for the performance of such obligations, (iii) Borrowers, Agent, and the Lenders shall continue to deal solely and directly with the Originating Lender in connection
with the Originating Lender’s rights and obligations under this Agreement and the other Loan Documents, (iv) no Lender shall transfer or grant any participating interest under which the Participant has the right to approve any amendment
to, or any consent or waiver with respect to, this Agreement or any other Loan Document, except to the extent such amendment to, or consent or waiver with respect to this Agreement or of any other Loan Document would (A) extend the final
maturity date of the Obligations hereunder in which such Participant is participating, (B) reduce the interest rate applicable to the Obligations hereunder in which such Participant is participating, (C) release all or substantially all of
the Collateral or guaranties (except to the extent expressly provided herein or in any of the Loan Documents) supporting the Obligations hereunder in which such Participant is participating, (D) postpone the payment of, or reduce the amount of,
the interest or fees payable to such Participant through such Lender (other than a waiver of default interest), or (E) decreases the amount or postpones the due dates of scheduled principal repayments or prepayments or premiums payable to such
Participant through such Lender, (v) no participation shall be sold to a natural person, (vi) no participation shall be sold to a Loan Party, or an Affiliate of a Loan Party, and (vii) all amounts payable by Borrowers hereunder shall
be determined as if such Lender had not sold such participation, except that, if amounts outstanding under this Agreement are due and unpaid, or shall have been declared or shall have become due and payable upon the occurrence of an Event of
Default, each Participant shall be deemed to have the right of set off in respect of its participating interest in amounts owing under this Agreement to the same extent as if the amount of its participating interest were owing directly to it as a
Lender under this Agreement. The rights of any Participant only shall be derivative through the Originating Lender with whom such Participant participates and no Participant shall have any rights under this Agreement or the other Loan Documents or
any direct rights as to the other Lenders, Agent, Borrowers, the Collateral, or otherwise in respect of the Obligations. No Participant shall have the right to participate directly in the making of decisions by the Lenders among themselves. 

(f) In connection with any such assignment or participation or proposed assignment or participation or any grant of a security
interest in, or pledge of, its rights under and interest in this Agreement, a Lender may, subject to the provisions of Section 17.8, disclose all documents and information which it now or hereafter may have relating to any
Loan Party and its Subsidiaries and their respective businesses. 

  
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 (g) Any other provision in this Agreement notwithstanding, any Lender may at
any time create a security interest in, or pledge, all or any portion of its rights under and interest in this Agreement to secure obligations of such Lender, including any pledge in favor of any Federal Reserve Bank in accordance with Regulation A
of the Federal Reserve Bank or U.S. Treasury Regulation 31 CFR §203.24, and such Federal Reserve Bank may enforce such pledge or security interest in any manner permitted under applicable law; provided, that no such pledge shall release
such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(h) Agent (as a non-fiduciary agent on behalf of Borrowers) shall maintain, or cause to
be maintained, a register (the “Register”) on which it enters the name and address of each Lender as the registered owner of each Loan (and the principal amount thereof and stated interest thereon) held by such Lender (each, a
“Registered Loan”). Other than in connection with an assignment by a Lender of all or any portion of its portion of any Loan to an Affiliate of such Lender or a Related Fund of such Lender (i) a Registered Loan (and the
registered note, if any, evidencing the same) may be assigned or sold in whole or in part only by registration of such assignment or sale on the Register (and each registered note shall expressly so provide) and (ii) any assignment or sale of
all or part of such Registered Loan (and the registered note, if any, evidencing the same) may be effected only by registration of such assignment or sale on the Register, together with the surrender of the registered note, if any, evidencing the
same duly endorsed by (or accompanied by a written instrument of assignment or sale duly executed by) the holder of such registered note, whereupon, at the request of the designated assignee(s) or transferee(s), one or more new registered notes in
the same aggregate principal amount shall be issued to the designated assignee(s) or transferee(s). Prior to the registration of assignment or sale of any Registered Loan (and the registered note, if any evidencing the same), Borrowers shall treat
the Person in whose name such Registered Loan (and the registered note, if any, evidencing the same) is registered as the owner thereof for the purpose of receiving all payments thereon and for all other purposes, notwithstanding notice to the
contrary. In the case of any assignment by a Lender of all or any portion of any Loan to an Affiliate of such Lender or a Related Fund of such Lender, and which assignment is not recorded in the Register, the assigning Lender, on behalf of
Borrowers, shall maintain a register comparable to the Register. The entries in the Register shall be conclusive absent manifest error. 

(i) In the event that a Lender sells participations in the Registered Loan, such Lender, as a
non-fiduciary agent on behalf of Borrowers, shall maintain (or cause to be maintained) a register on which it enters the name of all participants in the Registered Loan held by it (and the principal amount
(and stated interest thereon) of the portion of such Registered Loan that is subject to such participations) (the “Participant Register”). A Registered Loan (and the registered Note, if any, evidencing the same) may be participated
in whole or in part only by registration of such participation on the Participant Register (and each registered Note shall expressly so provide). Any participation of such Registered Loan (and the registered Note, if any, evidencing the same) may be
effected only by the registration of such participation on the Participant Register. No Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information
relating to a Participant’s interest in any 

  
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commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment,
loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent
manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt,
the Agent (in its capacity as Agent) shall have no responsibility for maintaining a Participant Register. 
 (j) Agent shall
make a copy of the Register (and each Lender shall make a copy of its Participant Register to the extent it has one) available for review by Borrowers and any Lender from time to time as Borrowers or such Lender may reasonably request. 

13.2 Successors. This Agreement shall bind and inure to the benefit of the respective successors and assigns of each of
the parties; provided, that no Borrower may assign this Agreement or any rights or duties hereunder without the Lenders’ prior written consent and any prohibited assignment shall be absolutely void ab initio. No consent to
assignment by the Lenders shall release any Borrower from its Obligations. A Lender may assign this Agreement and the other Loan Documents and its rights and duties hereunder and thereunder pursuant to Section 13.1 and,
except as expressly required pursuant to Section 13.1, no consent or approval by any Borrower is required in connection with any such assignment. 

14. AMENDMENTS; WAIVERS. 
 14.1
Amendments and Waivers. 
 (a) No amendment, waiver or other modification of any provision of this
Agreement or any other Loan Document (other than the Fee Letter), and no consent with respect to any departure by any Borrower therefrom, shall be effective unless the same shall be in writing and signed by the Required Lenders (or by Agent at the
written request of the Required Lenders) and the Loan Parties that are party thereto and then any such waiver or consent shall be effective, but only in the specific instance and for the specific purpose for which given; provided, that no such
waiver, amendment, or consent shall, unless in writing and signed by all of the Lenders directly affected thereby and all of the Loan Parties that are party thereto, do any of the following: 

(i) postpone or delay any date fixed by this Agreement or any other Loan Document for any payment of principal, interest,
Prepayment Premium, Funding Losses, fees, or other amounts due hereunder or under any other Loan Document (other than any waiver of any (x) default interest payable pursuant to Section 2.4(b)), (y) Default or Event of
Default or (z) mandatory prepayment payable pursuant to Section 2.2(d), 

  
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 (ii) reduce the principal of, or the rate of interest on, any loan or other
extension of credit hereunder, or reduce any fees or other amounts payable hereunder or under any other Loan Document (except that any amendment or modification of defined terms used in the financial covenants in this Agreement shall not constitute
a reduction in the rate of interest or a reduction of fees for purposes of this clause (ii)) (other than any waiver of any (x) default interest payable pursuant to Section 2.4(b)) or (y) Default or Event of
Default, 
 (iii) amend, modify, or eliminate this Section 14.1 or any provision of this Agreement
providing for consent or other action by all Lenders, 
 (iv) amend, modify, or eliminate
Section 3.1, 
 (v) amend, modify, or eliminate Section 15.11, 

(vi) other than as permitted by Section 15.11, release or contractually subordinate Agent’s Lien
in all or substantially all of the Collateral other than to the extent provided by the Intercreditor Agreement, 
 (vii)
amend, modify, or eliminate the definitions of “Required Lenders” or “Pro Rata Share”, 
 (viii) other
than in connection with a merger, liquidation, dissolution or sale of such Person expressly permitted by the terms hereof or the other Loan Documents, release any Borrower or all or substantially all of the Guarantors from any obligation for the
payment of money or consent to the assignment or transfer by any Borrower or any Guarantor of any of its rights or duties under this Agreement or the other Loan Documents, 

(ix) amend, modify, or eliminate any of the provisions of Section 13.1 with respect to assignments
to, or participations with, Persons who are Loan Parties, or Affiliates of a Loan Party, or 
 (x) change the order of
application of any payment or prepayment from the application thereof set forth in Section 2.2 in any manner that adversely affects any Lender without the written consent of such Lender; 

(b) No amendment, waiver, modification, or consent shall amend, modify, waive, or eliminate, 

(i) the definition of, or any of the terms or provisions of, the Fee Letter, without the written consent of Agent and Borrowers
(and shall not require the written consent of any of the Lenders), 
 (ii) any provision of
Section 15 pertaining to Agent, or any other rights or duties of Agent under this Agreement or the other Loan Documents, without the written consent of Agent, Borrowers, and the Required Lenders; and 

(c) Anything in this Section 14.1 to the contrary notwithstanding, any amendment, modification,
elimination, waiver, consent, termination, or release of, or with respect to, any provision of this Agreement or any other Loan Document that relates only to the relationship of the Lender Group among themselves, and that does not affect the rights
or obligations of any Loan Party, shall not require consent by or the agreement of any Loan Party. 

  
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 If any Lender does not consent (a
“Non-Consenting Lender”) to a proposed amendment, waiver, consent or release with respect to any Loan Document that requires the consent of such Lender and that has been approved by the
Required Lenders, the Borrowers may replace such Non-Consenting Lender in accordance with Section 14.2; provided that such amendment, waiver, consent or release can be effected
as a result of the assignment contemplated by such Section (together with all other such assignments required by the Borrowers to be made pursuant to this paragraph). 

14.2 Replacement of Certain Lenders. If any Lender requests compensation under Section 2.8(d),
or if the Borrowers are required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 16, or if any Lender is a
Non-Consenting Lender, then the Borrowers may, at their sole expense and effort, upon at least five Business Days prior irrevocable notice to such Lender and the Agent (the “Replacement
Notice”), require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 13.1), all of its interests, rights and
obligations under this Agreement and the related Loan Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that: 

(a) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans, accrued interest
thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrowers (in the case of all other amounts);

 (b) in the case of any such assignment resulting from a claim for compensation under
Section 2.8(d) or payments required to be made pursuant to Section 16, such assignment will result in a reduction in such compensation or payments thereafter; and 

(c) such assignment does not conflict with applicable law. 

Each Replacement Notice shall specify an effective date for such replacement, which date shall not be later than 15 Business Days after the
date such notice is given. A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrowers to require such assignment and
delegation cease to apply. 
 In connection with any such replacement, if any such Lender does not execute and deliver to the Agent a duly
executed Assignment and Acceptance reflecting such replacement within two (2) Business Days of the date on which the assignee Lender executes and delivers such Assignment and Acceptance to such Lender, then such Lender shall be deemed to have
executed and delivered such Assignment and Acceptance without any action on the part of such Lender. Such purchase and sale shall be effective on the date of the payment of such amount to such Lender. 

  
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 14.3 No Waivers; Cumulative Remedies. No failure by Agent or any Lender
to exercise any right, remedy, or option under this Agreement or any other Loan Document, or delay by Agent or any Lender in exercising the same, will operate as a waiver thereof. No waiver by Agent or any Lender will be effective unless it is in
writing, and then only to the extent specifically stated. No waiver by Agent or any Lender on any occasion shall affect or diminish Agent’s and each Lender’s rights thereafter to require strict performance by Borrowers of any provision of
this Agreement. Agent’s and each Lender’s rights under this Agreement and the other Loan Documents will be cumulative and not exclusive of any other right or remedy that Agent or any Lender may have. 

15. AGENT; THE LENDER GROUP. 
 15.1
Appointment and Authorization of Agent. Each Lender hereby designates and appoints U.S. Bank National Association as its agent under this Agreement and the other Loan Documents and each Lender hereby irrevocably authorizes Agent to
execute and deliver each of the other Loan Documents (where required) on its behalf and to take such other action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties
as are expressly delegated to Agent by the terms of this Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Agent agrees to act as agent for and on behalf of the Lenders on the conditions contained
in this Section 15. Any provision to the contrary contained elsewhere in this Agreement or in any other Loan Document notwithstanding, Agent shall not have any duties or responsibilities, except those expressly set forth
herein or in the other Loan Documents, nor shall Agent have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement
or any other Loan Document or otherwise exist against Agent. Without limiting the generality of the foregoing, the use of the term “agent” in this Agreement or the other Loan Documents with reference to Agent is not intended to connote any
fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only a representative relationship between
independent contracting parties. Each Lender hereby further authorizes Agent to act as the secured party under each of the Loan Documents that create a Lien on any item of Collateral. Except as expressly otherwise provided in this Agreement, Agent
shall have and may use its sole discretion with respect to exercising or refraining from exercising any discretionary rights or taking or refraining from taking any actions that Agent expressly is entitled to take or assert under or pursuant to this
Agreement and the other Loan Documents. Without limiting the generality of the foregoing, or of any other provision of the Loan Documents that provides rights or powers to Agent, Lenders agree that Agent shall have the right to exercise the
following powers as long as this Agreement remains in effect: (a) maintain, in accordance with its customary business practices, ledgers and records reflecting the status of the Obligations, the Collateral, payments and proceeds of Collateral,
and related matters, (b) execute or file any and all financing or similar statements or notices, amendments, renewals, supplements, documents, instruments, proofs of claim, notices and other written agreements with respect to the Loan
Documents, or to take any other action with respect to any Collateral or Loan Documents which may be necessary to perfect, and maintain perfected, the security interests and Liens upon Collateral pursuant to the Loan Documents, (c) exclusively
receive, apply, and distribute payments and proceeds of the Collateral as provided in the Loan Documents, (d) open and maintain such bank accounts and cash management arrangements as 

  
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Agent deems necessary and appropriate in accordance with the Loan Documents for the foregoing purposes, (e) perform, exercise, and enforce any and all other rights and remedies of the Lender
Group with respect to any Loan Party or its Subsidiaries, the Obligations, the Collateral, or otherwise related to any of same as provided in the Loan Documents, and (f) incur and pay such Lender Group Expenses as Agent may deem necessary or
appropriate for the performance and fulfillment of its functions and powers pursuant to the Loan Documents. 
 15.2 Delegation
of Duties. Agent may execute any of its duties under this Agreement or any other Loan Document by or through agents, employees or attorneys in fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties.
Agent shall not be responsible for the negligence or misconduct of any agent or attorney in fact that it selects as long as such selection was made without gross negligence or willful misconduct. 

15.3 Liability of Agent. None of the Agent-Related Persons shall (a) be liable for any action taken or omitted to be
taken by any of them under or in connection with this Agreement or any other Loan Document or the transactions contemplated hereby (except in the case of fraud, gross negligence, bad faith or willful misconduct, or a material breach of the Loan
Documents), or (b) be responsible in any manner to any of the Lenders for any recital, statement, representation or warranty made by any Loan Party or any of its Subsidiaries or Affiliates, or any officer or director thereof, contained in this
Agreement or in any other Loan Document, or in any certificate, report, statement or other document referred to or provided for in, or received by Agent under or in connection with, this Agreement or any other Loan Document, or the validity,
effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or for any failure of any Loan Party or its Subsidiaries or any other party to any Loan Document to perform its obligations hereunder or
thereunder. No Agent-Related Person shall be under any obligation to any Lenders to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or to
inspect the books and records or properties of any Loan Party or its Subsidiaries. No Agent-Related Person shall have any liability to any Lender, any Loan Party or any of their respective Affiliates if any request for any Loan or other extension of
credit was not authorized by the applicable Borrower. Agent shall not be required to take any action that, in its opinion or in the opinion of its counsel, may expose it to liability or that is contrary to any Loan Document or applicable law or
regulation. 
 15.4 Reliance by Agent. Agent shall be entitled to rely, and shall be fully protected in relying, upon
any writing, resolution, notice, consent, certificate, affidavit, letter, telegram, telefacsimile or other electronic method of transmission, telex or telephone message, statement or other document or conversation believed by it to be genuine and
correct and to have been signed, sent, or made by the proper Person or Persons, and upon advice and statements of legal counsel (including counsel to Borrowers or counsel to any Lender), independent accountants and other experts selected by Agent.
Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other Loan Document unless Agent shall first receive such advice or concurrence of the Lenders as it deems appropriate and until such instructions
are received, Agent shall act, or refrain from acting, as it deems advisable. If Agent so requests, it shall first be indemnified to its reasonable satisfaction by the Lenders against any and all liability and expense that may be incurred by it by
reason of taking or continuing to take any such action. Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Loan Document in accordance with a request or consent of the Required
Lenders and such request and any action taken or failure to act pursuant thereto shall be binding upon all of the Lenders. 

  
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 15.5 Notice of Default or Event of Default. Agent shall not be deemed
to have knowledge or notice of the occurrence of any Default or Event of Default, except with respect to defaults in the payment of principal, interest, fees, and expenses required to be paid to Agent for the account of the Lenders and, except with
respect to Events of Default of which Agent has actual knowledge, unless Agent shall have received written notice from a Lender or Borrowers referring to this Agreement, describing such Default or Event of Default, and stating that such notice is a
“notice of default.” Agent promptly will notify the Lenders of its receipt of any such notice or of any Event of Default of which Agent has actual knowledge. If any Lender obtains actual knowledge of any Event of Default, such Lender
promptly shall notify the other Lenders and Agent of such Event of Default. Each Lender shall be solely responsible for giving any notices to its Participants, if any. Subject to Section 15.4, Agent shall take such action
with respect to such Default or Event of Default as may be requested by the Required Lenders in accordance with Section 9; provided, that unless and until Agent has received any such request, Agent may (but shall not be
obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable. 

15.6 Credit Decision. Each Lender acknowledges that none of the Agent-Related Persons has made any representation or
warranty to it, and that no act by Agent hereinafter taken, including any review of the affairs of any Loan Party and its Subsidiaries or Affiliates, shall be deemed to constitute any representation or warranty by any Agent-Related Person to any
Lender. Each Lender represents to Agent that it has, independently and without reliance upon any Agent-Related Person and based on such due diligence, documents and information as it has deemed appropriate, made its own appraisal of and
investigation into the business, prospects, operations, property, financial and other condition and creditworthiness of each Borrower or any other Person party to a Loan Document, and all applicable bank regulatory laws relating to the transactions
contemplated hereby, and made its own decision to enter into this Agreement and to extend credit to Borrowers. Each Lender also represents that it will, independently and without reliance upon any Agent-Related Person and based on such documents and
information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make such investigations as it deems
necessary to inform itself as to the business, prospects, operations, property, financial and other condition and creditworthiness of each Borrower or any other Person party to a Loan Document. Except for notices, reports, and other documents
expressly herein required to be furnished to the Lenders by Agent, Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, prospects, operations, property, financial and
other condition or creditworthiness of any Borrower or any other Person party to a Loan Document that may come into the possession of any of the Agent-Related Persons. Each Lender acknowledges that Agent does not have any duty or responsibility,
either initially or on a continuing basis (except to the extent, if any, that is expressly specified herein) to provide such Lender with any credit or other information with respect to any Borrower, its Affiliates or any of their respective
business, legal, financial or other affairs, and irrespective of whether such information came into Agent’s or its Affiliates’ or representatives’ possession before or after the date on which such Lender became a party to this
Agreement. 

  
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 15.7 Costs and Expenses; Indemnification. Agent may incur and pay
Lender Group Expenses to the extent Agent reasonably deems necessary or appropriate for the performance and fulfillment of its functions, powers, and obligations pursuant to the Loan Documents, including court costs, attorneys’ fees and
expenses, fees and expenses of financial accountants, advisors, consultants, and appraisers, costs of collection by outside collection agencies, auctioneer fees and expenses, and costs of security guards or insurance premiums paid to maintain the
Collateral, whether or not Borrowers are obligated to reimburse Agent or Lenders for such expenses pursuant to this Agreement or otherwise. Agent is authorized and directed to deduct and retain sufficient amounts from payments or proceeds of the
Collateral received by Agent to reimburse Agent for such out-of-pocket costs and expenses prior to the distribution of any amounts to Lenders. In the event Agent is not
reimbursed for such costs and expenses by the Loan Parties and their Subsidiaries, each Lender hereby agrees that it is and shall be obligated to pay promptly to Agent such Lender’s ratable share thereof. Whether or not the transactions
contemplated hereby are consummated, each of the Lenders, on a ratable basis, shall indemnify and defend the Agent-Related Persons (to the extent not reimbursed by or on behalf of Borrowers and without limiting the obligation of Borrowers to do so)
from and against any and all Indemnified Liabilities; provided, that no Lender shall be liable for the payment to any Agent-Related Person of any portion of such Indemnified Liabilities resulting solely from such Person’s fraud, gross
negligence, bad faith or willful misconduct, or a material breach of the Loan Documents by such Person. Without limitation of the foregoing, each Lender shall reimburse Agent upon demand for such Lender’s ratable share of any costs or out of
pocket expenses (including attorneys, accountants, advisors, and consultants fees and expenses) incurred by Agent in connection with the preparation, execution, delivery, administration, modification, amendment, or enforcement (whether through
negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement or any other Loan Document to the extent that the Borrowers are required to reimburse the Agent for such costs and
expenses and the Agent is not reimbursed promptly for such expenses by or on behalf of Borrowers. The undertaking in this Section shall survive the payment of all Obligations hereunder and the resignation or replacement of Agent. 

15.8 Agent in Individual Capacity. U.S. Bank National Association and its Affiliates may make loans to, issue letters of
credit for the account of, accept deposits from, provide bank products to, acquire Equity Interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with any Loan Party and its Subsidiaries
and Affiliates and any other Person party to any Loan Document as though U.S. Bank National Association were not Agent hereunder, and, in each case, without notice to or consent of the other members of the Lender Group. The other members of the
Lender Group acknowledge that, pursuant to such activities, U.S. Bank National Association or its Affiliates may receive information regarding a Loan Party or its Affiliates or any other Person party to any Loan Documents that is subject to
confidentiality obligations in favor of such Loan Party or such other Person and that prohibit the disclosure of such information to the Lenders, and the Lenders acknowledge that, in such circumstances (and in the absence of a waiver of such
confidentiality obligations, which waiver Agent will use its reasonable best efforts to obtain), Agent shall not be under any obligation to provide such information to them. 

  
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 15.9 Successor Agent. Agent may resign as Agent upon 30 days (ten days
if an Event of Default has occurred and is continuing) prior written notice to the Lenders (unless such notice is waived by the Required Lenders), Borrowers (unless such notice is waived by Borrowers or a Default or Event of Default has occurred and
is continuing). Agent may also be removed at the direction of the Required Lenders. If Agent resigns or is removed under this Agreement, the Required Lenders shall be entitled, with (so long as no Event of Default has occurred and is continuing) the
consent of Borrowers (such consent not to be unreasonably withheld, delayed, or conditioned), to appoint a successor Agent for the Lenders. If no successor Agent is appointed prior to the effective date of the resignation of Agent, Agent may
appoint, after consulting with the Lenders and Borrowers, a successor Agent. If Agent has materially breached or failed to perform any material provision of this Agreement or of applicable law, the Required Lenders may agree in writing to remove and
replace Agent with a successor Agent from among the Lenders with (so long as no Event of Default has occurred and is continuing) the consent of Administrative Borrower (such consent not to be unreasonably withheld, delayed, or conditioned). In any
such event, upon the acceptance of its appointment as successor Agent hereunder, such successor Agent shall succeed to all the rights, powers, and duties of the retiring Agent and the term “Agent” shall mean such successor Agent and the
retiring Agent’s appointment, powers, and duties as Agent shall be terminated. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of this Section 15 shall inure to its benefit as
to any actions taken or omitted to be taken by it while it was Agent under this Agreement. If no successor Agent has accepted appointment as Agent by the date which is 30 days following a retiring Agent’s notice of resignation, the retiring
Agent’s resignation shall nevertheless thereupon become effective and the Lenders shall perform all of the duties of Agent hereunder until such time, if any, as the Lenders appoint a successor Agent as provided for above. 

15.10 Lender in Individual Capacity. Any Lender and its respective Affiliates may make loans to, issue letters of credit
for the account of, accept deposits from, provide bank products to, acquire Equity Interests in and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with any Loan Party and its Subsidiaries and
Affiliates and any other Person party to any Loan Documents as though such Lender were not a Lender hereunder without notice to or consent of the other members of the Lender Group. The other members of the Lender Group acknowledge that, pursuant to
such activities, such Lender and its respective Affiliates may receive information regarding a Loan Party or its Affiliates or any other Person party to any Loan Documents that is subject to confidentiality obligations in favor of such Loan Party or
such other Person and that prohibit the disclosure of such information to the other Lenders, and the other Lenders acknowledge that, in such circumstances (and in the absence of a waiver of such confidentiality obligations, which waiver such Lender
will use its reasonable best efforts to obtain), such Lender shall not be under any obligation to provide such information to them. 

15.11 Collateral Matters. 

(a) The Lenders hereby irrevocably authorize Agent to release any Lien on any Collateral (i) upon the payment and
satisfaction in full by the Loan Parties and their Subsidiaries of all of the Obligations, (ii) constituting property being sold or disposed of (to a person which is not a Loan Party) if a release is required or desirable in connection
therewith and if Administrative Borrower certifies to Agent that the sale or disposition is permitted under Section 6.4 (and Agent may rely conclusively on any such certificate, without further inquiry), (iii) constituting
property in which no Loan Party or any of its 

  
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Subsidiaries owned any interest at the time Agent’s Lien was granted nor at any time thereafter, (iv) constituting property leased or licensed to a Loan Party or its Subsidiaries under
a lease or license that has expired or is terminated in a transaction permitted under this Agreement, or (v) in connection with a credit bid or purchase authorized under this Section 15.11. The Loan Parties and the
Lenders hereby irrevocably authorize Agent, based upon the instruction of the Required Lenders, to (a) consent to the sale of, credit bid, or purchase (either directly or indirectly through one or more entities) all or any portion of the
Collateral at any sale thereof conducted under the provisions of the Bankruptcy Code, including Section 363 of the Bankruptcy Code, (b) credit bid or purchase (either directly or indirectly through one or more entities) all or any portion
of the Collateral at any sale or other disposition thereof conducted under the provisions of the Code, including pursuant to Sections 9-610 or 9-620 of the Code, or
(c) credit bid or purchase (either directly or indirectly through one or more entities) all or any portion of the Collateral at any other sale or foreclosure conducted or consented to by Agent in accordance with applicable law in any judicial
action or proceeding or by the exercise of any legal or equitable remedy. In connection with any such credit bid or purchase, (i) the Obligations owed to the Lenders shall be entitled to be, and shall be, credit bid on a ratable basis (with
Obligations with respect to contingent or unliquidated claims being estimated for such purpose if the fixing or liquidation thereof would not impair or unduly delay the ability of Agent to credit bid or purchase at such sale or other disposition of
the Collateral and, if such contingent or unliquidated claims cannot be estimated without impairing or unduly delaying the ability of Agent to credit bid at such sale or other disposition, then such claims shall be disregarded, not credit bid, and
not entitled to any interest in the Collateral that is the subject of such credit bid or purchase) and the Lenders whose Obligations are credit bid shall be entitled to receive interests (ratably based upon the proportion of their Obligations credit
bid in relation to the aggregate amount of Obligations so credit bid) in the Collateral that is the subject of such credit bid or purchase (or in the Equity Interests of the any entities that are used to consummate such credit bid or purchase), and
(ii) Agent, based upon the instruction of the Required Lenders, may accept non-cash consideration, including debt and equity securities issued by any entities used to consummate such credit bid or
purchase and in connection therewith Agent may reduce the Obligations owed to the Lenders (ratably based upon the proportion of their Obligations credit bid in relation to the aggregate amount of Obligations so credit bid) based upon the value of
such non-cash consideration. Except as provided above, Agent will not execute and deliver a release of any Lien on any Collateral without the prior written authorization of (y) if the release is of all or
substantially all of the Collateral, all of the Lenders, or (z) otherwise, the Required Lenders. Upon request by Agent or Borrowers at any time, the Lenders will confirm in writing Agent’s authority to release any such Liens on particular
types or items of Collateral pursuant to this Section 15.11; provided, that (1) anything to the contrary contained in any of the Loan Documents notwithstanding, Agent shall not be required to execute any
document or take any action necessary to evidence such release on terms that, in Agent’s opinion, could expose Agent to liability or create any obligation or entail any consequence other than the release of such Lien without recourse,
representation, or warranty, and (2) such release shall not in any manner discharge, affect, or impair the Obligations or any Liens (other than those expressly released) upon (or obligations of Loan Parties in respect of) any and all interests
retained by any Loan Party, including, the 

  
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proceeds of any sale, all of which shall continue to constitute part of the Collateral. Each Lender further hereby irrevocably authorize Agent, at its option and in its sole discretion, to
subordinate (by contract or otherwise) any Lien granted to or held by Agent on any property under any Loan Document (a) to the holder of any Permitted Lien on such property if such Permitted Lien secures purchase money Indebtedness (including
Capitalized Lease Obligations) which constitute Permitted Indebtedness and (b) to the extent Agent has the authority under this Section 15.11 to release its Lien on such property. 

(b) Agent shall have no obligation whatsoever to any of the Lenders (i) to verify or assure that the Collateral exists or
is owned by a Loan Party or any of its Subsidiaries or is cared for, protected, or insured or has been encumbered, (ii) to verify or assure that Agent’s Liens have been properly or sufficiently or lawfully created, perfected, protected, or
enforced or are entitled to any particular priority, (iii) to verify or assure that any particular items of Collateral meet the eligibility criteria applicable in respect thereof, (iv) to impose, maintain, increase, reduce, implement, or
eliminate any particular reserve hereunder or to determine whether the amount of any reserve is appropriate or not, or (v) to exercise at all or in any particular manner or under any duty of care, disclosure or fidelity, or to continue
exercising, any of the rights, authorities and powers granted or available to Agent pursuant to any of the Loan Documents, it being understood and agreed that in respect of the Collateral, or any act, omission, or event related thereto, subject to
the terms and conditions contained herein, Agent may act in any manner it may deem appropriate, in its sole discretion, and that Agent shall have no other duty or liability whatsoever to any Lender as to any of the foregoing, except as otherwise
expressly provided herein. 
 (c) Each Lender hereby authorizes Agent to enter into the Intercreditor Agreement and such
Lender acknowledges that such Intercreditor Agreement is binding upon it. 
 15.12 Restrictions on Actions by Lenders; Sharing
of Payments. 
 (a) Each of the Lenders agrees that it shall not, without the express written consent of Agent, and
that it shall, to the extent it is lawfully entitled to do so, upon the written request of Agent, set off against the Obligations, any amounts owing by such Lender to any Loan Party or its Subsidiaries or any deposit accounts of any Loan Party or
its Subsidiaries now or hereafter maintained with such Lender. Each of the Lenders further agrees that it shall not, unless specifically requested to do so in writing by Agent, take or cause to be taken any action, including, the commencement of any
legal or equitable proceedings to enforce any Loan Document against any Borrower or any Guarantor or to foreclose any Lien on, or otherwise enforce any security interest in, any of the Collateral. 

(b) If, at any time or times any Lender shall receive (i) by payment, foreclosure, setoff, or otherwise, any proceeds of
Collateral or any payments with respect to the Obligations, except for any such proceeds or payments received by such Lender from Agent pursuant to the terms of this Agreement, or (ii) payments from Agent in excess of such Lender’s Pro
Rata Share of all such distributions by Agent, such Lender promptly shall (A) turn the same over to Agent, in kind, and with such endorsements as may be required to negotiate the same to Agent, or in immediately available funds, as applicable,

  
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for the account of all of the Lenders and for application to the Obligations in accordance with the applicable provisions of this Agreement, or (B) purchase, without recourse or warranty, an
undivided interest and participation in the Obligations owed to the other Lenders so that such excess payment received shall be applied ratably as among the Lenders in accordance with their Pro Rata Shares; provided, that to the extent that
such excess payment received by the purchasing party is thereafter recovered from it, those purchases of participations shall be rescinded in whole or in part, as applicable, and the applicable portion of the purchase price paid therefor shall be
returned to such purchasing party, but without interest except to the extent that such purchasing party is required to pay interest in connection with the recovery of the excess payment. 

15.13 Agency for Perfection. Agent hereby appoints each Lender as its agent (and each Lender hereby accepts such
appointment) for the purpose of perfecting Agent’s Liens in assets which, in accordance with Article 8 or Article 9, as applicable, of the Code can be perfected by possession or control. Should any Lender obtain possession or control of any
such Collateral, such Lender shall notify Agent thereof, and, promptly upon Agent’s request therefor shall deliver possession or control of such Collateral to Agent or in accordance with Agent’s instructions. 

15.14 Payments by Agent to the Lenders. All payments to be made by Agent to the Lenders shall be made by bank wire
transfer of immediately available funds pursuant to such wire transfer instructions as each party may designate for itself by written notice to Agent. Concurrently with each such payment, Agent shall identify whether such payment (or any portion
thereof) represents principal, premium, fees, or interest of the Obligations. 
 15.15 Concerning the Collateral and Related
Loan Documents. Each member of the Lender Group authorizes and directs Agent to enter into this Agreement and the other Loan Documents. Each member of the Lender Group agrees that any action taken by Agent in accordance with the terms of
this Agreement or the other Loan Documents relating to the Collateral and the exercise by Agent of its powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the
Lenders. 
 15.16 Reports and Information. By becoming a party to this Agreement, each Lender may (a) from time to
time request of Agent in writing that Agent provide to such Lender a copy of any report or document provided by any Loan Party or its Subsidiaries to Agent that has not been contemporaneously provided by such Loan Party or such Subsidiary to such
Lender, and, upon receipt of such request, Agent promptly shall provide a copy of same to such Lender, or (b) to the extent that Agent is entitled, under any provision of the Loan Documents, to request additional reports or information from any
Loan Party or its Subsidiaries, from time to time, reasonably request Agent to exercise such right as specified in such Lender’s notice to Agent, whereupon Agent promptly shall request of Administrative Borrower the additional reports or
information reasonably specified by such Lender, and, upon receipt thereof from such Loan Party or such Subsidiary, Agent promptly shall provide a copy of same to such Lender. 

15.17 Several Obligations; No Liability. Notwithstanding that certain of the Loan Documents now or hereafter may have been
or will be executed only by or in favor of Agent in its capacity as such, and not by or in favor of the Lenders, any and all obligations on the part of Agent (if any) to make any credit available hereunder shall constitute the several (and not
joint) 

  
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obligations of the respective Lenders on a ratable basis, according to their respective Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time
outstanding, the amount of their respective Commitments. Nothing contained herein shall confer upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the business, assets, profits, losses, or liabilities of
any other Lender. Each Lender shall be solely responsible for notifying its Participants of any matters relating to the Loan Documents to the extent any such notice may be required, and no Lender shall have any obligation, duty, or liability to any
Participant of any other Lender. Except as provided in Section 15.7, no member of the Lender Group shall have any liability for the acts of any other member of the Lender Group. No Lender shall be responsible to any
Borrower or any other Person for any failure by any other Lender to fulfill its obligations to make credit available hereunder, nor to advance for such Lender or on its behalf, nor to take any other action on behalf of such Lender hereunder or in
connection with the financing contemplated herein. 
 16. WITHHOLDING TAXES. 

16.1 Payments. All payments made by any Loan Party under any Loan Document will be made free and clear of, and without
deduction or withholding for, any Taxes, except as otherwise required by applicable law, and in the event any deduction or withholding of Taxes is required, the applicable Loan Party shall make the requisite withholding, promptly pay over to the
applicable Governmental Authority the withheld tax, and furnish to Agent as promptly as possible after the date the payment of any such Tax is due pursuant to applicable law, certified copies of tax receipts evidencing such payment by the Loan
Parties. Furthermore, if any such Tax is an Indemnified Tax, the sum payable by the applicable Loan Party shall be increased as necessary so that after such deduction or withholding has been made, including such deductions and withholdings
applicable to additional sums payable under this Section 16.1, the applicable recipient receives an amount equal to the sum it would have received had no such deduction or withholding been made. The Loan Parties will
promptly pay any Other Taxes or reimburse Agent for such Other Taxes upon Agent’s demand. The Loan Parties shall jointly and severally indemnify each Indemnified Person (as defined in Section 10.3) (collectively a
“Tax Indemnitee”) for the full amount of Indemnified Taxes arising in connection with this Agreement or any other Loan Document or breach thereof by any Loan Party (including, without limitation, any Indemnified Taxes imposed or
asserted on, or attributable to, amounts payable under this Section 16.1) imposed on, or paid by, such Tax Indemnitee and all reasonable, documented
out-of-pocket costs and expenses related thereto (including reasonable fees and disbursements of attorneys and other tax professionals), as and when they are incurred
and irrespective of whether suit is brought, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority (other than Indemnified Taxes and additional amounts that a court of competent
jurisdiction finally determines to have resulted from the gross negligence or willful misconduct of such Tax Indemnitee). The obligations of the Parties under this Section 16 shall survive the termination of this Agreement, the resignation and
replacement of the Agent, and the repayment of the Obligations. 

  
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 16.2 Exemptions. 

(a) If a Lender or Participant is entitled to claim an exemption or reduction from United States withholding tax, such Lender
or Participant agrees with and in favor of Agent, to deliver to Agent (or, in the case of a Participant, to the Lender granting the participation only) and the Administrative Borrower on behalf of all Borrowers one of the following before receiving
its first payment under this Agreement: 
 (i) if such Lender or Participant is entitled to claim an exemption from United
States withholding tax pursuant to the portfolio interest exception, (A) a statement of the Lender or Participant, signed under penalty of perjury, that it is not a (I) a “bank” as described in Section 881(c)(3)(A) of the
IRC, (II) a 10% shareholder of Administrative Borrower (within the meaning of Section 871(h)(3)(B) of the IRC), or (III) a controlled foreign corporation related to Borrowers within the meaning of Section 864(d)(4) of the IRC,
and (B) a properly completed and executed IRS Form W-8BEN, Form W-8BEN-E or Form
W-8IMY (with proper attachments as applicable); 
 (ii) if such Lender or Participant
is entitled to claim an exemption from, or a reduction of, withholding tax under a United States tax treaty, a properly completed and executed copy of IRS Form W-8BEN or Form W-8BEN-E, as applicable, establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the applicable article of such tax treaty; 

(iii) if such Lender or Participant is entitled to claim that interest paid under this Agreement is exempt from United States
withholding tax because it is effectively connected with a United States trade or business of such Lender or Participant, a properly completed and executed copy of IRS Form W-8ECI; 

(iv) if such Lender or Participant is entitled to claim that interest paid under this Agreement is exempt from United States
withholding tax because such Lender or Participant serves as an intermediary, a properly completed and executed copy of IRS Form W-8IMY (including a withholding statement and copies of the tax certification
documentation for its beneficial owner(s) of the income paid to the intermediary, if required based on its status provided on the Form W-8IMY); and 

(v) a properly completed and executed copy of any other form or forms, including IRS Form
W-9, as may be required under the IRC or other laws as a condition to exemption from, or reduction of, withholding or backup withholding tax in the United States including any supplementary documentation as
may be prescribed by applicable law. 
 (b) Each Lender or Participant shall provide new forms (or successor forms) upon the
expiration or obsolescence of any forms previously delivered pursuant to this Section 16.2 and to promptly notify Agent and Administrative Borrower (or, in the case of a Participant, to the Lender granting the participation only) of any change
in circumstances which would modify or render invalid any claimed exemption or reduction. 

  
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 (c) If a Lender or Participant claims an exemption from withholding tax in a
jurisdiction other than the United States, such Lender or such Participant agrees with and in favor of Agent and Borrowers, to deliver to Agent and Administrative Borrower (or, in the case of a Participant, to the Lender granting the participation
only) any such form or forms, as may be required under the laws of such jurisdiction as a condition to exemption from, or reduction of, foreign withholding or backup withholding tax before receiving its first payment under this Agreement, but only
if such Lender or such Participant is legally able to deliver such forms, or the providing of or delivery of such forms in the Lender’s reasonable judgment would not subject such Lender to any material unreimbursed cost or expense or materially
prejudice the legal or commercial position of such Lender (or its Affiliates); provided, further, that nothing in this Section 16.2(c) shall require a Lender or Participant to disclose any information that it
deems to be confidential (including without limitation, its tax returns). Each Lender and each Participant shall provide new forms (or successor forms) upon the expiration or obsolescence of any previously delivered forms and to promptly notify
Agent and Administrative Borrower (or, in the case of a Participant, to the Lender granting the participation only) of any change in circumstances which would modify or render invalid any claimed exemption or reduction. 

(d) If a Lender or Participant claims exemption from, or reduction of, withholding tax and such Lender or Participant sells,
assigns, grants a participation in, or otherwise transfers all or part of the Obligations of Borrowers to such Lender or Participant, such Lender or Participant agrees to notify Agent and Administrative Borrower (or, in the case of a sale of a
participation interest, to the Lender granting the participation only) of the percentage amount in which it is no longer the beneficial owner of Obligations of Borrowers to such Lender or Participant. To the extent of such percentage amount, Agent
and Administrative Borrower will treat such Lender’s or such Participant’s documentation provided pursuant to Section 16.2(a) or 16.2(c) as no longer valid. With respect to such percentage amount, such
Participant or Assignee may provide new documentation, pursuant to Section 16.2(a) or 16.2(c), if applicable. Borrowers agree that each Participant shall be entitled to the benefits of this
Section 16 with respect to its participation in any portion of the Obligations so long as such Participant complies with the obligations set forth in this Section 16 with respect thereto. 

(e) If a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if
such Lender were to fail to comply with the applicable due diligence and reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the IRC, as applicable), such Lender shall deliver to Administrative Borrower
and Agent (or, in the case of a Participant, to the Lender granting the participation only) at the time or times prescribed by law and at such time or times reasonably requested by the Administrative Borrower and Agent (or, in the case of a
Participant, the Lender granting the participation) such documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the IRC) and such additional documentation reasonably requested by Administrative
Borrower and Agent (or, in the case of a Participant, the Lender granting the participation) as may be necessary for Agent or Borrowers to comply with their obligations under FATCA and to determine that such Lender has complied with such
Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (e), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

  
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 16.3 Reductions. 

(a) If a Lender or a Participant is subject to an applicable withholding tax, Agent (or, in the case of a Participant, the
Lender granting the participation) may withhold from any payment to such Lender or such Participant an amount equivalent to the applicable withholding tax. If the forms or other documentation required by Section 16.2(a) or
16.2(c) are not delivered to Agent (or, in the case of a Participant, to the Lender granting the participation), then Agent (or, in the case of a Participant, to the Lender granting the participation) may withhold from any payment to such
Lender or such Participant not providing such forms or other documentation an amount equivalent to the applicable withholding tax. 

(b) If the IRS or any other Governmental Authority of the United States or other jurisdiction asserts a claim that Agent (or,
in the case of a Participant, to the Lender granting the participation) did not properly withhold tax from amounts paid to or for the account of any Lender or any Participant due to a failure on the part of the Lender or any Participant (because the
appropriate form was not delivered, was not properly executed, or because such Lender failed to notify Agent (or such Participant failed to notify the Lender granting the participation) of a change in circumstances which rendered the exemption from,
or reduction of, withholding tax ineffective, or for any other reason) such Lender shall indemnify and hold Agent harmless (or, in the case of a Participant, such Participant shall indemnify and hold the Lender granting the participation harmless)
for all amounts paid, directly or indirectly, by Agent (or, in the case of a Participant, to the Lender granting the participation), as tax or otherwise, including penalties and interest, and including any taxes imposed by any jurisdiction on the
amounts payable to Agent (or, in the case of a Participant, to the Lender granting the participation only) under this Section 16, together with all costs and expenses (including attorneys’ fees and expenses). The
obligation of the Lenders and the Participants under this subsection shall survive the payment of all Obligations and the resignation or replacement of Agent. 

16.4 Refunds. If Agent or a Lender determines, in its sole discretion exercised in good faith, that it has received a
refund of any Indemnified Taxes to which the Loan Parties have paid additional amounts pursuant to this Section 16, it shall pay over such refund to the Administrative Borrower on behalf of the Loan Parties (but only to the extent of payments
made, including any additional amounts paid, by the Loan Parties under this Section 16 with respect to Indemnified Taxes giving rise to such a refund), net of all
out-of-pocket expenses of Agent or such Lender and without interest (other than any interest paid by the applicable Governmental Authority with respect to such a
refund); provided, that the Loan Parties, upon the request of Agent or such Lender, agrees to repay the amount paid over to the Loan Parties pursuant to this Section 16.4 (plus any penalties, interest or other charges, imposed by the applicable
Governmental Authority, other than such penalties, interest or other charges imposed as a result of the willful misconduct or gross negligence of Agent or Lender hereunder as finally determined by a court of competent jurisdiction) to Agent or such
Lender in the event Agent or such Lender is required to repay such refund to such Governmental Authority. Notwithstanding anything in this Agreement to the contrary, this Section 16 shall not be construed to require Agent or any Lender to make
available its tax returns (or any other information which it deems confidential) to Loan Parties or any other Person or require Agent or any Lender to pay any amount to an indemnifying party pursuant to

  
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Section 16.4, the payment of which would place Agent or such Lender (or their Affiliates) in a less favorable net after-Tax position than such Person
would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. 

17. GENERAL PROVISIONS. 
 17.1
Effectiveness. This Agreement shall be binding and deemed effective when executed by each Borrower, Agent, and each Lender whose signature is provided for on the signature pages hereof. 

17.2 Section Headings. Headings and numbers have been set forth herein for convenience only. Unless the contrary is
compelled by the context, everything contained in each Section applies equally to this entire Agreement. 
 17.3
Interpretation. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed against the Lender Group or any Borrower, whether under any rule of construction or otherwise. On the contrary, this Agreement has
been reviewed by all parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to accomplish fairly the purposes and intentions of all parties hereto. 

17.4 Severability of Provisions. Each provision of this Agreement shall be severable from every other provision of this
Agreement for the purpose of determining the legal enforceability of any specific provision. 
 17.5 Debtor-Creditor
Relationship. The relationship between the Lenders and Agent, on the one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. No member of the Lender Group has (or shall be deemed to have) any fiduciary
relationship or duty to any Loan Party arising out of or in connection with the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between the members of the Lender Group, on the one hand,
and the Loan Parties, on the other hand, by virtue of any Loan Document or any transaction contemplated therein. Nothing contained herein shall limit or preclude Agent, any Lender or any of its respective Affiliates from carrying on any business
with, providing banking or other financial services to, or from participating in any capacity, including as an equity investor, in any entity or person whatsoever, including, without limitation, any competitor, supplier or customer of any Borrower,
or any of their respective Affiliates, or any other Person that may have interests different than or adverse to such Persons. 
 17.6
Counterparts; Electronic Execution. This Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and
all of which, when taken together, shall constitute but one and the same Agreement. Delivery of an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an
original executed counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Agreement but the
failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Agreement. The foregoing shall apply to each other Loan Document mutatis mutandis. 

  
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 17.7 Revival and Reinstatement of Obligations; Certain Waivers. If any
member of the Lender Group repays, refunds, restores, or returns in whole or in part, any payment or property (including any proceeds of Collateral) previously paid or transferred to such member of the Lender Group in full or partial satisfaction of
any Obligation or on account of any other obligation of any Loan Party under any Loan Document, because the payment, transfer, or the incurrence of the obligation so satisfied is asserted or declared to be void, voidable, or otherwise recoverable
under any law relating to creditors’ rights, including provisions of the Bankruptcy Code relating to fraudulent transfers, preferences, or other voidable or recoverable obligations or transfers (each, a “Voidable Transfer”), or
because such member of the Lender Group elects to do so on the reasonable advice of its counsel in connection with a claim that the payment, transfer, or incurrence is or may be a Voidable Transfer, then, as to any such Voidable Transfer, or the
amount thereof that such member of the Lender Group elects to repay, restore, or return (including pursuant to a settlement of any claim in respect thereof), and as to all reasonable costs, expenses, and attorneys’ fees of such member of the
Lender Group related thereto, (i) the liability of the Loan Parties with respect to the amount or property paid, refunded, restored, or returned will automatically and immediately be revived, reinstated, and restored and will exist, and
(ii) Agent’s Liens securing such liability shall be effective, revived, and remain in full force and effect, in each case, as fully as if such Voidable Transfer had never been made. If, prior to any of the foregoing, (A) Agent’s
Liens shall have been released or terminated, or (B) any provision of this Agreement shall have been terminated or cancelled, Agent’s Liens, or such provision of this Agreement, shall be reinstated in full force and effect and such prior
release, termination, cancellation or surrender shall not diminish, release, discharge, impair or otherwise affect the obligation of any Loan Party in respect of such liability or any Collateral securing such liability. This provision shall survive
the termination of this Agreement and the repayment in full of the Obligations. 
 17.8 Confidentiality. 

(a) Agent and Lenders each individually (and not jointly or jointly and severally) agree that material, non-public information regarding the Loan Parties and their Subsidiaries, their operations, assets, and existing and contemplated business plans (“Confidential Information”) shall be treated by
Agent and the Lenders in a confidential manner, and shall not be disclosed by Agent and the Lenders to Persons who are not parties to this Agreement, except: (i) to attorneys for and other advisors, accountants, auditors, and consultants to any
member of the Lender Group and to employees, directors and officers of any member of the Lender Group (the Persons in this clause (i), “Lender Group Representatives”) on a “need to know” basis in connection with this
Agreement and the transactions contemplated hereby and on a confidential basis, (ii) to (x) Subsidiaries and Affiliates of any member of the Lender Group and (y) investors and potential investors in any Lender, any Affiliate of a Lender or
any Related Fund of a Lender; provided, that any such Subsidiary, Affiliate, investor or potential investor shall have agreed to receive such information hereunder subject to the terms of this Section 17.8, (iii) as
may be required by regulatory authorities so long as such authorities are informed of the confidential nature of such information, (iv) as may be required by statute, decision, or judicial or administrative order, rule, or regulation;
provided, that (x) prior to any disclosure under this clause (iv), 

  
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the disclosing party agrees to provide Borrowers with prior notice thereof, to the extent that it is practicable to do so and to the extent that the disclosing party is permitted to provide such
prior notice to Borrowers pursuant to the terms of the applicable statute, decision, or judicial or administrative order, rule, or regulation and (y) any disclosure under this clause (iv) shall be limited to the portion of the Confidential
Information as may be required by such statute, decision, or judicial or administrative order, rule, or regulation, (v) as may be agreed to in advance in writing by Borrowers, (vi) as requested or required by any Governmental Authority
pursuant to any subpoena or other legal process; provided, that (x) prior to any disclosure under this clause (vi) the disclosing party agrees to provide Borrowers with prior written notice thereof, to the extent that it is
practicable to do so and to the extent that the disclosing party is permitted to provide such prior written notice to Borrowers pursuant to the terms of the subpoena or other legal process and (y) any disclosure under this clause
(vi) shall be limited to the portion of the Confidential Information as may be required by such Governmental Authority pursuant to such subpoena or other legal process, (vii) as to any such information that is or becomes generally
available to the public (other than as a result of prohibited disclosure by Agent or the Lenders or the Lender Group Representatives), (viii) in connection with any assignment, participation or pledge of any Lender’s interest under this
Agreement; provided, that prior to receipt of Confidential Information any such assignee, participant, or pledgee shall have agreed in writing to receive such Confidential Information either subject to the terms of this
Section 17.8 or pursuant to confidentiality requirements substantially similar to those contained in this Section 17.8 (and such Person may disclose such Confidential Information to Persons
employed or engaged by them as described in clause (i) above), (ix) in connection with any litigation or other adversary proceeding involving parties hereto which such litigation or adversary proceeding involves claims related to the rights or
duties of such parties under this Agreement or the other Loan Documents; provided, that prior to any disclosure to any Person (other than any Loan Party, Agent, any Lender, any of their respective Affiliates, or their respective counsel)
under this clause (ix) with respect to litigation involving any Person (other than any Loan Party, Agent, any Lender, any of their respective Affiliates, or their respective counsel), the disclosing party agrees to provide Borrowers with prior
written notice thereof, and (x) in connection with, and to the extent reasonably necessary for, the exercise of any secured creditor remedy under this Agreement or under any other Loan Document. 

(b) Anything in this Agreement to the contrary notwithstanding, Agent may disclose information concerning the terms and
conditions of this Agreement and the other Loan Documents to loan syndication and pricing reporting services or in its marketing or promotional materials, with such information to consist of deal terms and other information customarily found in such
publications or marketing or promotional materials and may otherwise use the name, logos, and other insignia of any Borrower or the other Loan Parties and the Loans provided hereunder in any “tombstone” or other advertisements, on its
website or in other marketing materials of the Agent. 
 (c) Each Loan Party agrees that Agent may make available to the
Lenders materials or information provided by or on behalf of Borrowers hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks, SyndTrak or a substantially similar secure electronic
transmission system (the “Platform”). The Platform 

  
 105 

 
is provided “as is” and “as available.” Agent does not warrant the accuracy or completeness of the Borrower Materials, or the adequacy of the Platform and expressly disclaim
liability for errors or omissions in the communications. No warranty of any kind, express, implied or statutory, including, without limitation, any warranty of merchantability, fitness for a particular purpose,
non-infringement of third party rights or freedom from viruses or other code defects, is made by Agent in connection with the Borrower Materials or the Platform. In no event shall Agent or any of the
Agent-Related Persons have any liability to the Loan Parties, any Lender or any other person for damages of any kind, including direct or indirect, special, incidental or consequential damages, losses or expenses (whether in tort, contract or
otherwise) arising out of any Loan Party’s or Agent’s transmission of communications through the Internet, except to the extent the liability of such person is found in a final non-appealable
judgment by a court of competent jurisdiction to have resulted from such person’s gross negligence or willful misconduct. Each Loan Party further agrees that certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do
not wish to receive material non-public information with respect to the Loan Parties or their securities). The Loan Parties shall be deemed to have authorized Agent and its Affiliates and the Lenders to treat
Borrower Materials marked “PUBLIC” or otherwise at any time filed with the SEC as not containing any material non-public information with respect to the Loan Parties or their securities for purposes
of United States federal and state securities laws. All Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated as “Public Investor” (or another similar term). Agent and
its Affiliates and the Lenders shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” or that are not at any time filed with the SEC as being suitable only for posting on a portion of the Platform not marked as
“Public Investor” (or such other similar term). 
 17.9 Survival. All representations and warranties made by
the Loan Parties in the Loan Documents and in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the other parties hereto and
shall survive the execution and delivery of the Loan Documents and the making of the Loans, regardless of any investigation made by any such other party or on its behalf and notwithstanding that Agent or any Lender may have had notice or knowledge
of any Default or Event of Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal of, or any accrued interest on, any Loan or any fee or any
other amount payable under this Agreement is outstanding or unpaid. 
 17.10 Patriot Act; Due Diligence. Each Lender
that is subject to the requirements of the Patriot Act hereby notifies the Loan Parties that pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record information that identifies each Loan Party, which information
includes the name and address of each Loan Party and other information that will allow such Lender to identify each Loan Party in accordance with the Patriot Act. In addition, Agent and each Lender shall have the right to periodically conduct due
diligence on all Loan Parties, their senior management and key principals and legal and beneficial owners. Each Loan Party agrees to cooperate in respect of the conduct of such due diligence and further agrees that the reasonable costs and charges
for any such due diligence by Agent shall constitute Lender Group Expenses hereunder and be for the account of Borrowers. 

  
 106 

 17.11 Integration. This Agreement, together with the other Loan
Documents, reflects the entire understanding of the parties with respect to the transactions contemplated hereby and shall not be contradicted or qualified by any other agreement, oral or written, before the date hereof. 

17.12 ICD as Agent for Borrowers. Each Borrower hereby irrevocably appoints ICD as the borrowing agent and attorney-in-fact for all Borrowers (the “Administrative Borrower”) which appointment shall remain in full force and effect unless and until Agent shall have
received prior written notice signed by each Borrower that such appointment has been revoked and that another Borrower has been appointed Administrative Borrower. Each Borrower hereby irrevocably appoints and authorizes the Administrative Borrower
(a) to provide Agent with all notices with respect to the Loans and all other notices and instructions under this Agreement and the other Loan Documents (and any notice or instruction provided by Administrative Borrower shall be deemed to be
given by Borrowers hereunder and shall bind each Borrower), (b) to receive notices and instructions from members of the Lender Group (and any notice or instruction provided by any member of the Lender Group to the Administrative Borrower in
accordance with the terms hereof shall be deemed to have been given to each Borrower), and (c) to take such action as the Administrative Borrower deems appropriate on its behalf to obtain the Loans and to exercise such other powers as are
reasonably incidental thereto to carry out the purposes of this Agreement. It is understood that the handling of the Loan Account and Collateral in a combined fashion, as more fully set forth herein, is done solely as an accommodation to Borrowers
in order to utilize the collective borrowing powers of Borrowers in the most efficient and economical manner and at their request, and that Lender Group shall not incur liability to any Borrower as a result hereof. Each Borrower expects to derive
benefit, directly or indirectly, from the handling of the Loan Account and the Collateral in a combined fashion since the successful operation of each Borrower is dependent on the continued successful performance of the integrated group. To induce
the Lender Group to do so, and in consideration thereof, each Borrower hereby jointly and severally agrees to indemnify each member of the Lender Group and hold each member of the Lender Group harmless against any and all liability, expense, loss or
claim of damage or injury, made against the Lender Group by any Borrower or by any third party whosoever, arising from or incurred by reason of (i) the handling of the Loan Account and Collateral of Borrowers as herein provided, or
(ii) the Lender Group’s relying on any instructions of the Administrative Borrower, except that Borrowers will have no liability to the relevant Agent-Related Person or Lender-Related Person under this
Section 17.12 with respect to any liability that has been finally determined by a court of competent jurisdiction to have resulted solely from the gross negligence or willful misconduct of such Agent-Related Person or
Lender-Related Person, as the case may be. 
 17.13 Disclosure. The Loan Parties shall not issue any press release or
make other public disclosure of the identity of any Lender hereunder without such Lender’s written consent, and in any event such Lender shall be entitled to approve in advance any such required disclosure (such approval not to be unreasonably
withheld or delayed), other than as required by law or compulsory legal process or as requested by a Governmental Authority, including, without limitation, in any required filings with the Securities and Exchange Commission and other applicable
regulatory authorities and stock exchanges. 

  
 107 

 17.14 Intercreditor Agreement. In the event of any conflict between the
terms of any Loan Document and the Intercreditor Agreement, the terms of the Intercreditor Agreement shall control. 
 18. AFFILIATED LENDER PROVISIONS.

 18.1 Affiliated Lender Representations, Warranties and Agreements. Each Affiliated Lender hereby represents,
warrants and agrees as follows: 
 (a) it agrees to comply with all the terms, conditions and agreements set forth in this
Agreement and the other Loan Documents, including this Section 18, and the related terms, conditions and agreements applicable to it as an Affiliated Lender hereunder; and 

(b) during any Affiliated Lender Adjustment Period it hereby appoints the Agent as its attorney in fact to vote during the
pendency of an Insolvency Proceeding involving any Loan Party as a debtor (including voting on any plan of reorganization pursuant to 11 U.S.C. §1126), Loans held by such Affiliated Lender (and any claim with respect thereto) in accordance with
Section 18.2(b). 
 18.2 Additional Affiliated Lender Restrictions and Limitations. 

(a) Information and Meetings. Notwithstanding anything to the contrary in this Agreement, during any Affiliated Lender
Adjustment Period, the Affiliated Lenders shall not have any right to (i) attend or participate in (including by telephone) any meeting or discussions (or portion thereof) among the Agent and/or any Lender to which representatives of Borrowers
are not invited and/or (ii) receive any information, reports or other materials prepared or provided by the Agent or any Lender or any communication by or among the Agent and/or one or more Lenders, except to the extent such information, report
or materials have been made available to the Borrowers. 
 (b) Voting Generally. Notwithstanding anything in
Section 14.1 or the definition of “Required Lenders” to the contrary, in connection with the exercise of any remedies under Section 9 during any Affiliated Lender Adjustment Period for
purposes of determining whether the Required Lenders or all Lenders have directed or required the Agent or any Lender to undertake any action (or refrain from taking any action) with respect to or under any Loan Document, during such Affiliated
Lender Adjustment Period each Affiliated Lender shall be deemed to have voted its interest as a Lender without discretion in the same proportion as the allocation of voting with respect to such matter by Lenders that are not Affiliates of the
Borrowers; provided that, for the avoidance of doubt, without the consent of such Affiliated Lender, no such amendment, modification, waiver consent or other action shall (i) extend the due date for interest under the Loan Documents owed
to such Affiliated Lender, (ii) reduce any amount owing to such Affiliated Lender under any Loan Document or (iii) result in a disproportionate and adverse effect on such Affiliated Lender in relation to the Loans of all Lenders that are
not Affiliates of the Borrowers, in each case except as provided in clause (c) below. 

  
 108 

 (c) Insolvency Proceedings. During any Affiliated Lender Adjustment
Period each Affiliated Lender, solely in its capacity as a Lender, hereby agrees, and such Affiliated Lender shall provide upon request by the Agent (at the direction of the Required Lenders) a confirmation that, if any Loan Party shall be subject
to any Insolvency Proceeding, (i) such Affiliated Lender (in its capacity as such) shall not take any step or action in such Insolvency Proceeding to object to, impede, or delay the exercise of any right or the taking of any action by the Agent
(or the taking of any action by a third party that is supported by the Agent) in relation to such Affiliated Lender’s claim with respect to its Loans (including objecting to any debtor in possession financing, use of cash collateral, grant of
adequate protection, sale or disposition, compromise, or plan of reorganization) so long as such Affiliated Lender is treated in connection with such exercise or action on the same or better terms as the other Lenders, (ii) with respect to any
matter requiring the vote of Lenders during the pendency of any such Insolvency Proceeding (including voting on any plan of reorganization pursuant to 11 U.S.C. §1126), such Loans held by such Affiliated Lender (and any claim with respect
thereto) shall be deemed assigned for all purposes to the Agent, which shall cast such vote in accordance with clause (b) above (without regard to clauses (i) through (iii) of the proviso to such clause (b)), and (iii) such Affiliated
Lender (in its capacity as such) shall otherwise give or refrain from giving any consent in any such Insolvency Proceeding at the direction of the Required Lenders. In furtherance of the foregoing, and to the extent not otherwise assigned or deemed
assigned to the Agent, during any Affiliated Lender Adjustment Period, each Affiliated Lender agrees during any Insolvency Proceeding that it shall vote the portion of its Loans (and any claim with respect thereto) in accordance with clause
(b) above (without regard to clauses (i) through (iii) of the proviso to such clause (b)). 
 (d) Waiver.
During any Affiliated Lender Adjustment Period no Affiliated Lender shall (i) be entitled to bring actions against the Agent, in its role as such, (ii) receive advice of counsel or other advisors to the Agent or any Lenders or
(iii) challenge the attorney client privilege of the Agent or any Lender and their respective counsel. 
 18.3 No Pro Rata
Treatment. Notwithstanding anything to the contrary set forth in the foregoing or in any other Loan Document, in the event any payment to any Affiliated Lender made during any Affiliated Lender Adjustment Period is invalidated, avoided,
declared to be fraudulent or preferential, set aside or otherwise required to be transferred to a trustee, receiver, a Loan Party or estate of a Loan Party in connection with any Insolvency Proceeding as a result of such Affiliated Lender being an
Affiliate of the Borrowers or otherwise required to be transferred to any other Person, such Affiliated Lender shall have no right, in respect of such payment, of contribution or payment (including by way of participation) from any Lender or the
Agent under any term or provision of this Agreement or any other Loan Document providing for the pro rata treatment of Lenders. 
 [Signature
pages to follow.] 

  
 109 

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

							
	BORROWERS:	 	                                      
      	 	INDEPENDENCE CONTRACT DRILLING, INC.,
		 		 	a Delaware corporation
				
		 		 	By:	  	 /s/ Philip A. Choyce

		 		 	Name:	  	 Philip A. Choyce

		 		 	Title:	  	 Secretary

  

			
	PATRIOT SARATOGA MERGER SUB, LLC, 
	a Delaware limited liability company
		
	By:	 	 /s/ Philip A. Choyce 

	Name:	 	 Philip A. Choyce

	Title:	 	 President and Secretary

  

			
	The undersigned hereby confirms that, as a result of its merger with PATRIOT SARATOGA MERGER SUB, LLC, it hereby assumes all of the rights and obligations of PATRIOT SARATOGA MERGER SUB, LLC under this Agreement (in
furtherance of, and not in / loss of, any assumption or deemed assumption as a matter of law) and hereby is joined to this Agreement as a Borrower hereunder. 

  

			
	ICD OPERATING LLC,
	a Delaware limited liability company
		
	By:	 	 /s/ Philip Choyce 

	Name:	 	 Philip Choyce

	Title:	 	 President and Secretary

 Signature Page to Credit Agreement 

							
	AGENT:	 	                	  	U.S. BANK NATIONAL ASSOCIATION
				
		 		  	By:	  	 /s/ James A. Hanley

		 		  	Name:	  	 James A. Hanley

		 		  	Title:	  	 Vice President

			
	LENDERS:	 		  	MSD PCOF PARTNERS IV, LLC
				
		 		  	By:	  	 /s/ Ken Gerold

		 		  	Name:	  	 Ken Gerold

		 		  	Title:	  	 Vice President

 Signature Page to Credit Agreement 

 Exhibit A 

Form of Assignment and Acceptance 

  
 Exhibit A-1 

 Exhibit B 

Form of Compliance Certificate 

  
 Exhibit B-1 

 Exhibit C 

Form of LIBOR Notice 

  
 Exhibit C-1

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