Document:

Credit Agreement

 Exhibit 10.1 

CONFORMED COPY 
 EXECUTION COPY

 NEWELL RUBBERMAID INC. 
  

 
 CREDIT AGREEMENT

 Dated as of November 14, 2005 
  

 
 $750,000,000

  
  

JPMORGAN CHASE BANK, N.A. 

as Administrative Agent 
  

 
 J.P. MORGAN
SECURITIES INC., 
 as Sole Lead Arranger and Sole Bookrunner 

BANK OF AMERICA, N.A. 

BARCLAYS BANK PLC 

BNP PARIBAS 
 and

 CITICORP USA, INC., 

as Co-Syndication Agents 

 TABLE OF CONTENTS 

 

							
	 	 	 	 	 	  	Page
	 SECTION 1. DEFINITIONS AND ACCOUNTING MATTERS.
	  	1
		 	 1.01
	 	 Certain Defined Terms.
	  	1
		 	 1.02
	 	 Accounting Terms and Determinations.
	  	17
		 	 1.03
	 	 Types of Loans.
	  	18
		 	 1.04
	 	 Terms Generally.
	  	18
		 	 1.05
	 	 Currencies; Currency Equivalents; Provisions Relating to European Monetary Union.
	  	18
		
	 SECTION 2. COMMITMENTS.
	  	19
		 	 2.01
	 	 Committed Loans.
	  	19
		 	 2.02
	 	 Borrowings of Committed Loans.
	  	20
		 	 2.03
	 	 Competitive Loans.
	  	21
		 	 2.04.
	 	 Letters of Credit.
	  	25
		 	 2.05
	 	 Borrowings by Designated Borrowers.
	  	29
		 	 2.06
	 	 Changes of Commitments.
	  	30
		 	 2.07
	 	 Fees.
	  	32
		 	 2.08
	 	 Lending Offices.
	  	33
		 	 2.09
	 	 Several Obligations; Remedies Independent.
	  	33
		 	 2.10
	 	 Evidence of Debt.
	  	33
		 	 2.11
	 	 Prepayments; Conversions and Continuations.
	  	33
		 	 2.12
	 	 Extension of Commitment Termination Date.
	  	34
		
	 SECTION 3. PAYMENTS OF PRINCIPAL AND INTEREST.
	  	35
		 	 3.01
	 	 Repayment of Loans.
	  	35
		 	 3.02
	 	 Interest.
	  	36
		 	 3.03
	 	 Redenomination.
	  	37
		
	 SECTION 4. PAYMENTS; PRO RATA TREATMENT; COMPUTATIONS; ETC.
	  	37
		 	 4.01
	 	 Payments.
	  	37
		 	 4.02
	 	 Pro Rata Treatment.
	  	38
		 	 4.03
	 	 Computations.
	  	38
		 	 4.04
	 	 Non-Receipt of Funds by the Administrative Agent.
	  	38
		 	 4.05
	 	 Set-off; Sharing of Payments.
	  	39
		
	 SECTION 5. YIELD PROTECTION AND ILLEGALITY.
	  	40
		 	 5.01
	 	 Additional Costs.
	  	40
		 	 5.02
	 	 Limitation on Types of Loans.
	  	42
		 	 5.03
	 	 Illegality.
	  	42
		 	 5.04
	 	 Base Rate Loans Pursuant to Sections 5.01 and 5.03.
	  	42
		 	 5.05
	 	 Compensation.
	  	43
		 	 5.06
	 	 Taxes.
	  	44
		 	 5.07
	 	 Replacement of Lenders.
	  	45

  

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	 	 	 	  	 Page

	 SECTION 6. CONDITIONS PRECEDENT.
	  	45
		 	 6.01
	 	 Effective Date.
	  	45
		 	 6.02
	 	 Initial and Subsequent Credit Extensions.
	  	47
		
	 SECTION 7. REPRESENTATIONS AND WARRANTIES.
	  	47
		 	 7.01
	 	 Corporate Existence.
	  	47
		 	 7.02
	 	 Financial Condition.
	  	47
		 	 7.03
	 	 Litigation.
	  	48
		 	 7.04
	 	 No Breach.
	  	48
		 	 7.05
	 	 Corporate Action.
	  	49
		 	 7.06
	 	 Approvals.
	  	49
		 	 7.07
	 	 Use of Credit.
	  	49
		 	 7.08
	 	 ERISA.
	  	49
		 	 7.09
	 	 Investment Company Act; Public Utility Holding Company Act.
	  	49
		 	 7.10
	 	 Credit Agreements.
	  	50
		 	 7.11
	 	 Hazardous Materials.
	  	50
		 	 7.12
	 	 Taxes.
	  	50
		 	 7.13
	 	 True and Complete Disclosure.
	  	51
		 	 7.14
	 	 Subsidiaries.
	  	51
		 	 7.15
	 	 Compliance with Law.
	  	51
		 	 7.16
	 	 Designated Borrower Approvals.
	  	51
		
	 SECTION 8. COVENANTS OF THE COMPANY.
	  	51
		 	 8.01
	 	 Financial Statements.
	  	52
		 	 8.02
	 	 Litigation.
	  	54
		 	 8.03
	 	 Corporate Existence, Etc.
	  	54
		 	 8.04
	 	 Insurance.
	  	54
		 	 8.05
	 	 Use of Proceeds.
	  	54
		 	 8.06
	 	 Indebtedness.
	  	55
		 	 8.07
	 	 Fundamental Changes.
	  	55
		 	 8.08
	 	 Liens.
	  	56
		 	 8.09
	 	 Lines of Businesses.
	  	57
		 	 8.10
	 	 Total Indebtedness to Total Capital.
	  	57
		 	 8.11
	 	 Interest Coverage Ratio.
	  	57
		 	 8.12
	 	 Transactions with Affiliates
	  	58
		
	 SECTION 9. EVENTS OF DEFAULT.
	  	58
		
	 SECTION 10. THE ADMINISTRATIVE AGENT.
	  	61
		 	 10.01
	 	 Appointment, Powers and Immunities.
	  	61
		 	 10.02
	 	 Reliance by Administrative Agent.
	  	61
		 	 10.03
	 	 Defaults.
	  	61
		 	 10.04
	 	 Rights as a Lender.
	  	62
		 	 10.05
	 	 Indemnification.
	  	62
		 	 10.06
	 	 Non-Reliance on Administrative Agent and Other Lenders.
	  	62
		 	 10.07
	 	 Failure to Act.
	  	63

  

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	 	 	 	 	 	  	Page
		 	 10.08
	 	Resignation or Removal of Administrative Agent.	  	63
		 	 10.09
	 	Lead Arranger and Other Agents.	  	63
		
	 SECTION 11. GUARANTEE.
	  	64
		 	 11.01
	 	Guarantee.	  	64
		 	 11.02
	 	Obligations Unconditional.	  	64
		 	 11.03
	 	Reinstatement.	  	65
		 	 11.04
	 	Subrogation.	  	65
		 	 11.05
	 	Remedies.	  	65
		 	 11.06
	 	Continuing Guarantee.	  	65
		
	 SECTION 12. MISCELLANEOUS.
	  	65
		 	 12.01
	 	Waiver.	  	65
		 	 12.02
	 	Notices.	  	66
		 	 12.03
	 	Expenses, Etc.	  	66
		 	 12.04
	 	Amendments, Etc.	  	66
		 	 12.05
	 	Assignments and Participations.	  	67
		 	 12.06
	 	Survival.	  	70
		 	 12.07
	 	Captions.	  	70
		 	 12.08
	 	Counterparts; Effectiveness.	  	70
		 	 12.09
	 	Governing Law; Jurisdiction; Service of Process; Waiver of Jury Trial; Etc.	  	70
		 	 12.10
	 	Successors and Assigns.	  	72
		 	 12.11
	 	Judgment Currency.	  	72
		 	 12.12
	 	USA PATRIOT Act.	  	72
		 	 12.13
	 	Waiver of Notice under Existing Credit Agreement.	  	72

  

					
	 Annex I
	  	-	    	Commitments
	 Schedule I
	  	-	    	List of Indebtedness
	 Schedule II
	  	-	    	List of Certain Liens
			
	 EXHIBIT A-1
	  	-	    	Form of Opinion of Special Illinois Counsel
	 EXHIBIT A-2
	  	-	    	Form of Opinion of Dale L. Matschullat, Esq., Vice-President - General Counsel to the Company and its Subsidiaries
	 EXHIBIT B
	  	-	    	Form of Opinion of Special New York Counsel to the Administrative Agent
	 EXHIBIT C
	  	-	    	Form of Competitive Bid Request
	 EXHIBIT D
	  	-	    	Form of Competitive Bid
	 EXHIBIT E-1
	  	-	    	Form of Designation Letter
	 EXHIBIT E-2
	  	-	    	Form of Termination Letter
	 EXHIBIT F
	  	-	    	Form of Assignment and Assumption
	 EXHIBIT G
	  	-	    	Form of Assumption Agreement

  

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 CREDIT AGREEMENT dated as of November 14, 2005, between NEWELL RUBBERMAID INC., a
corporation duly organized and validly existing under the laws of the State of Delaware (together with its successors, the “Company”); each of the lenders which is a signatory hereto (together with its successors and permitted
assigns, individually, a “Lender” and, collectively, the “Lenders”); and JPMORGAN CHASE BANK, N.A., as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the
“Administrative Agent”). 
 The Company has requested that the Lenders make loans to it and the other Borrowers
(as hereinafter defined) in an aggregate principal amount not exceeding $750,000,000 at any one time outstanding. The Lenders are prepared to make such loans upon the terms and conditions hereof, and, accordingly, the parties agree as follows:

 SECTION 1. DEFINITIONS AND ACCOUNTING MATTERS. 

1.01 Certain Defined Terms. 

As used herein, the following terms shall have the following meanings (all terms defined in this Section 1 or in other provisions of
this Agreement in the singular to have the same meanings when used in the plural and vice versa): 
 “Additional
Commitment Lender” shall have the meaning assigned to that term in Section 2.12. 
 “Adjusted LIBO
Rate” shall mean, for any LIBO Rate Loan for any Interest Period, a rate per annum (rounded upwards, if necessary, to the nearest 1/16 of 1%) determined by the Administrative Agent to be equal to the LIBO Rate for the Interest Period for
such Loan divided by 1 minus the Reserve Requirement for such Loan for such Interest Period. 
 “Administrative
Agent’s Account” shall mean, in respect of any Currency, such account as the Administrative Agent shall designate in a notice to the Company and the Lenders. 

“Administrative Questionnaire” shall mean an Administrative Questionnaire in the form supplied by the Administrative
Agent. 
 “Affiliate” shall mean, with respect to a specified Person, another Person that directly, or
indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Alternative Currency” shall mean at any time (a) Euros and (b) any currency (other than Dollars and Euros) so
long as at such time, (i) such currency is dealt with in the London interbank deposit market, (ii) such currency is freely transferable and convertible into Dollars in the London foreign exchange market and (iii) no central bank or
other governmental authorization in the country of issue of such currency is required to permit use of such currency by any Lender for making any Loan hereunder and/or to permit the relevant Borrower to borrow and repay the principal thereof and to
pay the interest thereon, unless such authorization has been obtained and is in full force and effect. 
  

 Credit Agreement 

 “Applicable Facility Fee Rate”, “Applicable Margin” and
“Additional Margin” shall mean, during any period when the Rating is at one of the Rating Groups specified below, the percentage set forth below opposite the reference to such fee or to the relevant Type of Committed Loan:

  

																			
	 	  	Rating
Group

I	 	 	Rating
Group

II	 	 	Rating
Group

III	 	 	Rating
Group

IV	 	 	Rating
Group

V	 	 	Rating
Group

VI	 
	 Applicable Facility Fee Rate
	  	0.06	% 	 	0.07	% 	 	0.08	% 	 	0.10	% 	 	0.125	% 	 	0.20	% 
	 Applicable Margin for Committed LIBOR Loans
	  	0.19	% 	 	0.23	% 	 	0.27	% 	 	0.40	% 	 	0.525	% 	 	0.70	% 
	 Applicable Margin for Base Rate Loans
	  	0	% 	 	0	% 	 	0	% 	 	0	% 	 	0	% 	 	0	% 
	 Additional Margin (Utilization > 50%)
	  	0.10	% 	 	0.10	% 	 	0.10	% 	 	0.10	% 	 	0.10	% 	 	0.10	% 

 Any change in the Applicable
Facility Fee Rate, the Applicable Margin or the Additional Margin by reason of a change in the Moody’s Rating, the Standard & Poor’s Rating or the Fitch Rating shall become effective on the date of announcement or publication by
the respective Rating Agency of a change in such Rating or, in the absence of such announcement or publication, on the effective date of such changed rating. 

“Applicable Lending Office” shall mean for each Lender and for each Type and Currency of Loan the lending office of such
Lender (or of an Affiliate of such Lender) designated for such Type and Currency of Loan in the Administrative Questionnaire submitted by such Lender or such other office of such Lender (or of an Affiliate of such Lender) as such Lender may from
time to time specify to the Administrative Agent and the Company. 
 “Applicable Percentage” shall mean, with
respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in
effect, giving effect to any assignments. 
 “Approved Designated Borrower” shall mean (i) any Domestic
Subsidiary that is a Wholly-Owned Subsidiary of the Company as to which a Designation Letter has been delivered to the Administrative Agent and as to which a Termination Letter shall not have been

  

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delivered to the Administrative Agent, which Subsidiary has been approved as a borrower hereunder by all of the Lenders, all in accordance with Section 2.05, and (ii) for the purposes
of Section 5.06, also the Company. 
 “Approved Fund” shall mean 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 of its business and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or
(c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Assignment and
Assumption” shall mean an assignment and assumption entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 12.05), and accepted by the Administrative Agent, in the form of
Exhibit F or any other form approved by the Administrative Agent. 
 “Assuming Lender” shall have the
meaning assigned to that term in Section 2.06(d)(i). 
 “Assumption Agreement” shall mean an assumption
agreement entered into by the Company and an Assuming Lender pursuant to Section 2.06(d), and accepted by the Administrative Agent, in the form of Exhibit G or any other form approved by the Administrative Agent. 

“Bankruptcy Code” means the United States Bankruptcy Code of 1978, as amended from time to time. 

“Base Rate” shall mean, with respect to any Base Rate Loan, for any day, the higher of (a) the Federal Funds Rate
for such day plus 1/2 of 1% and (b) the Prime Rate for such day. 
 “Base Rate Loans” shall mean Loans
which bear interest based upon the Base Rate. 
 “Borrowers” shall mean the Company, each Approved Designated
Borrower and each Designated Borrower. 
 “Business Day” shall mean any day (a) that is not a Saturday,
Sunday or other day on which commercial banks are authorized or required to close in New York City, (b) if such day relates to the giving of notices or quotes in connection with a LIBOR Auction or to a borrowing of, a payment or prepayment of
principal of or interest on, Conversion of or into, or an Interest Period for, a LIBO Rate Loan or a notice by the Company with respect to any such borrowing, payment, prepayment, Conversion or Interest Period, also on which dealings in deposits are
carried out in the London interbank market and (c)(i) if such day relates to the date on which the LIBO Rate is determined under this Agreement for the Interest Period of any Loan denominated in Euros, that is also a TARGET Day or (ii) if such
day relates to a borrowing of, a payment or prepayment of principal of or interest on, or an Interest Period for, any Loan denominated in an Alternative Currency (other than Euros), or a notice by the Company with respect to any such 

 

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borrowing, payment, prepayment or Interest Period, also a day commercial banks and the London foreign exchange market settle payments for such Alternative Currency in the principal finance center
where such currency is cleared and settled (as determined by the Administrative Agent). 
 “Capital Lease
Obligations” shall mean, as to any Person, the obligations of such Person to pay rent or other amounts under a lease of (or other agreement conveying the right to use) real and/or personal property which obligations are required to be
classified and accounted for as a capital lease on a balance sheet of such Person under GAAP (including Statement of Financial Accounting Standards No. 13 of the Financial Accounting Standards Board) and, for purposes of this Agreement, the
amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP (including such Statement No. 13). 

“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time. 

“Commitment” shall mean, as to each Lender, the obligation of such Lender to make Committed Loans and to acquire
participations in Letters of Credit in an aggregate amount at any one time outstanding equal to the amount set opposite such Lender’s name on Annex I hereto under the caption “Commitment”, or in the Assignment and Assumption, an
Assumption Agreement or any agreement entered into under Section 2.12 pursuant to which such Lender shall have assumed its Commitment, as applicable (as the same may be reduced or increased from time to time pursuant to this Agreement). The
original aggregate principal amount of the Commitments is $750,000,000. 
 “Commitment Termination Date” shall
mean November 14, 2010; provided that, if such date is not a Business Day, the Commitment Termination Date shall be the next preceding Business Day ), subject to extension (in the case of each Lender consenting thereto) as provided in
Section 2.12. 
 “Commitment Utilization Day” shall mean (a) so long as the Commitments are in
effect, each day that the sum of the aggregate outstanding principal amount of the Committed Loans and the aggregate LC Exposures exceeds 50% of the sum of the Commitments and (b) following the termination of the Commitments hereunder,
each day on which any Loans are outstanding hereunder. 
 “Committed Credit Exposure” shall mean, with respect
to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Committed Loans and its LC Exposure at such time. 

“Committed Loans” shall mean the loans provided for by Section 2.01. 

“Committed LIBOR Loans” shall mean Committed Loans the interest rates on which are determined on the basis of Adjusted
LIBO Rates. 
 “Competitive Affiliate Loan” shall mean a Competitive Loan to be made by an Affiliate of a
Lender pursuant to Section 2.03(h). 
  

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 “Competitive Bid” shall have the meaning assigned to that term in
Section 2.03(c)(i). 
 “Competitive Bid Rate” shall have the meaning assigned to that term in
Section 2.03(c)(ii)(D). 
 “Competitive Bid Request” shall have the meaning assigned to that term in
Section 2.03(b). 
 “Competitive Borrowing” shall have the meaning assigned to that term in
Section 2.03(b). 
 “Competitive LIBOR Loans” shall mean Competitive Loans the interest rates on which are
determined on the basis of Adjusted LIBO Rates pursuant to a LIBOR Auction. 
 “Competitive Loan Limit” shall
have the meaning assigned to that term in Section 2.03(c)(ii). 
 “Competitive Loans” shall mean the loans
provided for by Section 2.03. 
 “Consolidated EBITDA” shall mean, for any period, Consolidated Net Income
for such period plus, without duplication and to the extent deducted in determining such Consolidated Net Income for such period, the sum of (a) income tax expense, (b) interest expense, amortization or writeoff of debt discount and
debt issuance costs and commissions, discounts and other fees and charges associated with Indebtedness (including the Loans), (c) depreciation and amortization expense, (d) amortization of intangibles (including, but not limited to,
goodwill) and organization costs and (e) any extraordinary, unusual or non-recurring charges or losses, and minus, to the extent included in determining such Consolidated Net Income for such period, the sum of (a) interest income,
(b) any extraordinary, unusual or non-recurring income or gains (including, whether or not otherwise includable as a separate item in the statement of such Consolidated Net Income for such period, gains on the sales of assets outside of the
ordinary course of business) and (c) any other non-cash income, all as determined on a consolidated basis. 

“Consolidated Interest Expense” shall mean, for any period and without duplication, total interest expense (including
that attributable to Capital Lease Obligations) of the Company and its Subsidiaries for such period with respect to all outstanding Indebtedness of the Company and its Subsidiaries accrued or capitalized during such period (whether or not actually
paid during such period) (including all commissions, discounts and other fees and charges owed with respect to standby letters of credit and bankers’ acceptance financing and net costs under Swap Agreements in respect of interest rates to the
extent such net costs are allocable to such period in accordance with GAAP), but excluding any interest expense for such period relating to quarterly or monthly income preferred securities, quarterly income capital securities or other similar
securities. 
 “Consolidated Net Income” shall mean, for any period, the consolidated net income (or loss) of
the Company and its Subsidiaries, determined on a consolidated basis in 
  

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accordance with GAAP; provided that there shall be excluded (a) the income (or deficit) of any Person accrued prior to the date it becomes a Subsidiary of the Company or is merged
into or consolidated with the Company or any of its Subsidiaries, (b) the income (or deficit) of any Person (other than a Subsidiary of the Company) in which the Company or any of its Subsidiaries has an ownership interest, except to the extent
that any such income is actually received by the Company or such Subsidiary in the form of dividends or similar distributions and (c) the undistributed earnings of any Subsidiary of the Company to the extent that the declaration or payment of
dividends or similar distributions by such Subsidiary is not at the time permitted by the terms of any security issued by the Company or any of its Subsidiaries or of any agreement, instrument or other undertaking to which the Company or any of its
Subsidiaries is a party or by which any of them or their respective property is bound (other than under any Credit Document) or Requirement of Law applicable to such Subsidiary. 

“Control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the
management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

“Convert”, “Conversion” and “Converted” shall refer to a conversion pursuant to
Section 2.11(b) of one Type of Committed Loans into the other Type of Committed Loans, which may be accompanied by a transfer by a Lender (at its sole discretion) of a Committed Loan from one Applicable Lending Office to another). 

“Continue”, “Continuation” and “Continued” shall refer to a continuation pursuant to
Section 2.11(b) of a Committed LIBOR Loan from one Interest Period to the next Interest Period. 
 “Credit
Documents” shall mean this Agreement, the Notes, if any, each Designation Letter and each Termination Letter. 

“Credit Extension” shall mean the making of any Loan or the issuance, amendment, renewal or extension of any Letter of
Credit hereunder. 
 “Currency” shall mean Dollars or any Alternative Currency. 

“Default” shall mean an Event of Default or an event which with notice or lapse of time or both would become an Event of
Default. 
 “Designated Borrower” shall mean any Wholly-Owned Subsidiary of the Company as to which a
Designation Letter has been delivered to the Administrative Agent and as to which a Termination Letter shall not have been delivered to the Administrative Agent in accordance with Section 2.05; and the term “Designated Borrower” shall
include any Approved Designated Borrower. As of the Effective Date, there are no Designated Borrowers hereunder. 

“Designation Letter” shall have the meaning assigned to that term in Section 2.05(a). 

 

 Credit Agreement 

 

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 “Determination Date” shall mean, for any Disposition, the last day of the
fiscal quarter ending on or immediately preceding the date of such Disposition. 
 “Disposition” shall have the
meaning assigned to that term in Section 8.07(vi). 
 “Disposition Period” shall mean, for any
Disposition, a period of twelve months ending on the date of such Disposition. 
 “Dollar Equivalent” shall
mean, with respect to any Loan denominated in an Alternative Currency, the amount of Dollars that would be required to purchase the amount of the Alternative Currency of such Loan on the date such Loan is requested (or, (a) in the case of
Competitive Loans, the date of the related Competitive Bid Request and (b) in the case of any redenomination under Section 3.03, on the date of such redenomination), based upon the arithmetic mean (rounded upwards, if necessary, to the
nearest 1/100 of 1%), as determined by the Administrative Agent, of the spot selling rate at which the Reference Banks offer to sell such Alternative Currency for Dollars in the London foreign exchange market at approximately 11:00 a.m. London time
for delivery two Business Days later. 
 “Dollars” and “$” shall mean lawful money of the
United States of America. 
 “Domestic Subsidiary” shall mean any Subsidiary of the Company that is
incorporated under the laws of the United States of America or any State thereof or the District of Columbia. 

“Effective Date” shall mean the date on which the conditions specified in Section 6.01 are satisfied (or waived in
accordance with Section 12.04). 
 “Environmental Affiliate” shall mean, as to any Person, any other
Person whose liability (contingent or otherwise) for any Environmental Claim such Person may have retained, assumed or otherwise become liable (contingently or otherwise), whether by contract, operation of law or otherwise; provided that each
Subsidiary of such Person, and each former Subsidiary or division of such Person transferred to another Person, shall in any event be an “Environmental Affiliate” of such Person. 

“Environmental Claim” shall mean, with respect to any Person, any notice, claim, demand or other communication (whether
written or oral) by any other Person alleging or asserting liability of such Person for investigatory costs, cleanup costs, governmental response costs, damages to natural resources or other Property, personal injuries, fines or penalties arising
out of, based on or resulting from (a) the presence, or release into the environment, of any hazardous material at any location, whether or not owned by such Person, or (b) circumstances forming the basis of any violation, or alleged
violation, of any Environmental Law. 
 “Environmental Laws” shall mean any and all Federal, state, local and
foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or other governmental restrictions relating to the environment or to emissions, discharges, releases
or threatened releases of pollutants, contaminants, chemicals or industrial, toxic or hazardous substances or wastes into the 
  

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environment, including, without limitation, ambient air, surface water, ground water or land, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage,
disposal, transport or handling of pollutants, contaminants, chemicals or industrial, toxic or hazardous substances or wastes. 

“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended from time to time. 

“ERISA Affiliate” shall mean any trade or business (whether or not incorporated) that, together with the Company, is
treated as a single employer under Section 414(b) or (c) of the Code, or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code. 

“Euro” shall mean the single currency of Participating Member States of the European Union. 

“Event of Default” shall have the meaning assigned to that term in Section 9. 

“Extension Date” shall have the meaning assigned to that term in Section 2.12. 

“Extension Request” shall have the meaning assigned to that term in Section 2.12. 

“Federal Funds Rate” shall mean, for any day, the weighted average (rounded upwards, if necessary,
to the nearest 1/100th of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers on such day as published by the Federal Reserve Bank of New York on the Business Day next
succeeding such day, provided that (i) if the day for which such rate is to be determined is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so
published on the next succeeding Business Day, and (ii) if such rate is not so published for any day, the Federal Funds Rate for such day shall be the average (rounded upwards, if necessary, to the next
1/100th of 1%) of the quotations for such day for
transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it. 

“Fitch” shall mean Fitch Investors Services, Inc. or any successor thereto. 

“Fitch Rating” shall mean, as of any date, the rating most recently published by Fitch relating to the unsecured,
long-term, senior debt securities of the Company. 
 “Foreign Currency Equivalent” shall mean, with respect to
any amount in Dollars, the amount of any Alternative Currency that could be purchased with such amount of Dollars using the reciprocal of foreign exchange rate(s) specified in the definition of the term “Dollar Equivalent”, as determined
by the Administrative Agent. 
 “Foreign Subsidiary” shall mean any Subsidiary of the Company that is not a
Domestic Subsidiary. 
  

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 “GAAP” shall mean generally accepted accounting principles applied on a
basis consistent with those which, in accordance with the last sentence of Section 1.02(a), are to be used in making the calculations for purposes of determining compliance with the provisions of this Agreement. 

“Governmental Authority” shall mean any nation or government, any state or other political subdivision thereof, any
agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to government, any securities exchange and any
self-regulatory organization. 
 “Guarantee” of any Person shall mean any guarantee, endorsement, contingent
agreement to purchase or to furnish funds for the payment or maintenance of, or any other contingent liability on or with respect to, the Indebtedness, other obligations, net worth, working capital or earnings of any other Person (including, without
limitation, the liability of such Person in respect of the Indebtedness of any partnership of which such Person is a general partner), or the guarantee by such Person of the payment of dividends or other distributions upon the stock of any other
Person, or the agreement by such Person to purchase, sell or lease (as lessee or lessor) property, products, materials, supplies or services primarily for the purpose of enabling any other Person to make payment of its obligations or to assure a
creditor against loss, and the verb “Guarantee” shall have a correlative meaning, provided that the term “Guarantee” shall not include endorsements for collection or deposits in the ordinary course of business.

 “Increasing Lender” shall have the meaning assigned to that term in Section 2.06(d)(i). 

“Indebtedness” shall mean, as to any Person at any date (without duplication): (i) indebtedness created, issued,
incurred or assumed by such Person for borrowed money or evidenced by bonds, debentures, notes or similar instruments; (ii) all obligations of such Person to pay the deferred purchase price of property or services, excluding, however, trade
accounts payable (other than for borrowed money) arising in, and accrued expenses incurred in, the ordinary course of business of such Person so long as such trade accounts payable are paid within 120 days of the date the respective goods are
delivered or the services are rendered; (iii) all Indebtedness of others secured by a Lien on any asset of such Person, whether or not such Indebtedness is assumed by such Person; (iv) all Indebtedness of others Guaranteed by such Person;
(v) all Capital Lease Obligations; (vi) reimbursement obligations of such Person (whether contingent or otherwise) in respect of bankers acceptances, surety or other bonds and similar instruments (other than commercial, standby or
performance letters of credit); (vii) unpaid reimbursement obligations of such Person (other than contingent obligations) in respect of commercial, standby or performance letters of credit; and (viii) debt securities or obligations
(including preferred debt securities) issued in connection with Permitted Securitizations included as indebtedness in accordance with GAAP on a consolidated balance sheet of such Person. 

“Interest Coverage Ratio” shall mean, as at any date of determination thereof, the ratio of (a) Consolidated EBITDA
for the period of four consecutive fiscal quarters ending on or most recently ended prior to such date to (b) Consolidated Interest Expense for such period. 

 

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 “Interest Period” shall mean: 

(a) with respect to any Committed LIBOR Loan, each period commencing on the date such Committed LIBOR Loan is made or Converted from a
Committed Loan of another Type or the last day of the next preceding Interest Period for such Loan and ending on the numerically corresponding day in the first, second, third or sixth calendar month thereafter, as the Company (on its own behalf and
on behalf of any other Borrower) may select as provided in Section 2.02, except that each Interest Period that commences on the last Business Day of a calendar month (or on any day for which there is no numerically corresponding day in the
appropriate subsequent calendar month) shall end on the last Business Day of the appropriate subsequent calendar month; 
 (b)
with respect to any Set Rate Loan, the period commencing on the date such Set Rate Loan is made and ending on any Business Day up to 180 days thereafter, as the Company may select as provided in Section 2.03(b); and 

(c) with respect to any Competitive LIBOR Loan, the period commencing on the date such Competitive LIBOR Loan is made and ending on the
numerically corresponding day in the first, second, third or sixth calendar month thereafter, as the Company may select as provided in Section 2.03(b), except that each Interest Period which commences on the last Business Day of a calendar
month (or any day for which there is no numerically corresponding day in the appropriate subsequent calendar month) shall end on the last Business Day of the appropriate subsequent calendar month. 

Notwithstanding the foregoing: (i) if any Interest Period would otherwise commence before and end after the Commitment Termination Date, such
Interest Period shall not be available hereunder; (ii) each Interest Period which would otherwise end on a day which is not a Business Day shall end on the next succeeding Business Day (or, in the case of an Interest Period for any LIBO Rate
Loans, if such next succeeding Business Day falls in the next succeeding calendar month, on the next preceding Business Day); and (iii) notwithstanding clause (i) above, no Interest Period for any LIBO Rate Loans shall have a duration of
less than one month and, if the Interest Period for any such Loans would otherwise be a shorter period, such Loans shall not be available hereunder. 

“Issuing Bank” shall mean Bank of America, N.A., BNP Paribas and/or any other Lender acceptable to the Administrative
Agent and the Company that has agreed to issue Letters of Credit hereunder, in its capacity as an issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.04(i). Each Issuing Bank may, in its
discretion, arrange for one or more Letters of Credit to be issued by its respective Affiliates, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate. 

“JPMCB” shall mean JPMorgan Chase Bank, N.A. 

“Jurisdiction” shall mean, with respect to any Borrower, the country or countries (including any political subdivision
or taxing authority thereof or therein) under whose laws such Borrower is organized or where such Borrower is domiciled, resident or licensed or otherwise qualified to do business or where any significant part of the Property of such Borrower is
located. 
  

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 “LC Disbursement” shall mean a payment made by an Issuing Bank pursuant to
a Letter of Credit. 
 “LC Exposure” shall mean, at any time, the sum of (a) the aggregate undrawn amount
of all outstanding Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements that have not yet been reimbursed by or on behalf of the Company at such time. The LC Exposure of any Lender at any time shall be its
Applicable Percentage of the total LC Exposure at such time. 
 “Lender Affiliate” shall have the meaning
assigned to that term in Section 2.03(h). 
 “Letter of Credit” shall mean any standby letter of credit
issued pursuant to this Agreement. 
 “LIBO Rate” shall mean, for any Interest Period for any LIBO Rate Loan,
the rate for deposits in the relevant Currency with a maturity comparable to such Interest Period commencing on the first day of such Interest Period appearing on Page 3750 of the Telerate Service (or on any successor or substitute page of such
Service, or any successor to or substitute for such Service, providing rate quotations comparable to those currently provided on such page for such Service, as determined by the Administrative Agent, with written notice to the Company, from time to
time for purposes of providing quotations of interest rates applicable to such Currency deposits in the London interbank market) at approximately 11:00 a.m., London time, on the Quotation Date for such Currency; provided that the LIBO Rate
for any LIBO Rate Loan denominated in Pounds Sterling for any Interest Period shall be increased by any Mandatory Costs (but only to the extent applicable to any Lender). In the event that such rate is not available for any reason, the LIBO Rate
shall mean, with respect to such LIBO Rate Loan for such Interest Period, the rate at which deposits of $1,000,000 (or, in the case where a LIBO Rate Loan is a Currency other than Dollars, the Foreign Currency Equivalent thereof) and for a maturity
comparable to such Interest Period are offered by the Reference Banks to leading banks in the London interbank market as of the 11:00 a.m., London time, on the Quotation Date for such Currency; provided that (i) if any Reference Bank is
not participating in any borrowing of LIBO Rate Loans, the LIBO Rate for such Loans shall be determined by reference to the amount of the Loan which such Reference Bank would have made had it been participating in such Loans, (ii) in
determining the LIBO Rate with respect to any Competitive LIBOR Loan, each Reference Bank shall be deemed to have made a Competitive LIBOR Loan in an amount equal to $1,000,000, (iii) each Reference Bank agrees to use its best efforts to
furnish timely information to the Administrative Agent for purposes of determining the LIBO Rate and (iv) if any Reference Bank does not furnish such timely information for determination of the LIBO Rate, the Administrative Agent shall
determine such interest rate on the basis of timely information furnished by the remaining Reference Banks. 
 “LIBO
Rate Loans” shall mean Committed LIBOR Loans and Competitive LIBOR Loans. 
  

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 “LIBOR Auction” shall mean a solicitation of Competitive Bids setting forth
Margins based on the Adjusted LIBO Rate pursuant to Section 2.03. 
 “Lien” shall mean, with respect to
any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset. For the purposes of this Agreement, the Company or any Subsidiary shall be deemed to own subject to a Lien any asset which it has
acquired or holds subject to the interest of a vendor or lessor under any conditional sale agreement, capital lease or other title retention agreement relating to such asset. 

“Loans” shall mean Committed Loans and Competitive Loans. 

“Majority Lenders” shall mean, at any time, Lenders having Committed Credit Exposures and unused Commitments
representing at least 51% of the sum of the total Committed Credit Exposures and unused Commitments at such time; provided that, for purposes of declaring the Loans to be due and payable pursuant to Section 9, and for all purposes after
the Loans become due and payable pursuant to Section 9 or the Commitments expire or terminate, the outstanding Competitive Loans of the Lenders shall be included in their respective Committed Credit Exposures in determining the Majority
Lenders. 
 “Mandatory Cost” shall mean, with respect to any Lender, the cost, if any, imputed to such Lender
of compliance with the cash ratio and special deposit requirements of the Bank of England and/or the banking supervision or other costs imposed by the Financial Services Authority during the relevant period, as determined by the Bank of England
and/or Financial Services Authority during such relevant period. 
 “Margin” shall have the meaning assigned to
that term in Section 2.03(c)(ii)(C). 
 “Material Adverse Effect” shall mean a material adverse effect on
(i) the consolidated financial condition, operations, business or prospects of the Company and its Subsidiaries (taken as a whole), (ii) the ability of the Company or any Approved Designated Borrower that is a Significant Subsidiary to
perform its obligations under any of the Credit Documents to which it is a party or (iii) the validity or enforceability of any of the Credit Documents. 

“Moody’s” shall mean Moody’s Investors Service, Inc. or any successor thereto. 

“Moody’s Rating” shall mean, as of any date, the rating most recently published by Moody’s relating to the
unsecured, long-term, senior debt securities of the Company. 
 “Multiemployer Plan” shall mean a multiemployer
plan as defined in Section 4001(a)(3) of ERISA. 
 “Net Worth” shall mean, at any time, the consolidated
stockholders’ equity of the Company and its Subsidiaries determined on a consolidated basis without duplication in accordance with GAAP. 
  

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 “Non-Strategic Property” shall mean (a) Property related to the
Company’s Newell Cookware Europe business and (b) Property acquired as part of the acquisition of a business that is designated by resolution of the Board of Directors of the Company adopted no later than six months after such acquisition
as non-strategic Property. 
 “Notes” shall mean the promissory notes provided for by Section 2.10(d).

 “Obligor” shall mean the Company, in its capacity as a Borrower hereunder and in its capacity as a guarantor
of Loans made to any other Borrower under Section 11, and each other Borrower. 
 “PBGC” shall mean the
Pension Benefit Guaranty Corporation or any entity succeeding to any or all its functions under ERISA. 
 “Participating
Member State” shall mean any member of the European Union that adopts or has adopted the Euro as its lawful currency in accordance with the legislation of the European Union relating to the European Monetary Union. 

“Permitted Securitization” shall mean any transaction or series of transactions that may be entered into by the Company
or any of its Subsidiaries pursuant to which the Company or such Subsidiary, as the case may be, may sell, convey or otherwise transfer, or grant a security interest in, any receivables (whether now existing or arising in the future) of the Company
or any of its Subsidiaries and any assets related thereto, including all collateral securing such receivables, all contracts and all guarantees or other obligations in respect of such receivables and the proceeds of such receivables; provided
that (a) there shall be no recourse under such securitization to the Company or any of its other Subsidiaries other than pursuant to Standard Securitization Undertakings and (b) the Administrative Agent shall be reasonably satisfied that
the terms of such securitization are in compliance with the terms of this Agreement. 
 “Person” shall mean an
individual, a corporation, a company, a limited liability company, a voluntary association, a partnership, a trust, an unincorporated organization or a government or any agency, instrumentality or political subdivision thereof. 

“Plan” shall mean any employee pension benefit plan (other than a Multiemployer Plan) which is or was established,
sponsored, maintained or contributed to, by the Company or any ERISA Affiliate and is or was subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA. 

“Post-Default Rate” shall mean, in respect of any principal of any Loan or any other amount payable by any Borrower
under this Agreement or any Note which is not paid when due (whether at stated maturity, by acceleration or otherwise), a rate per annum during the period commencing on the due date until such amount is paid in full equal to the sum of 2% plus the
Base Rate as in effect from time to time plus the Applicable Margin for Base Rate Loans (provided that, if such amount in default is principal of a LIBO Rate Loan or a Set Rate Loan and the due date is a day other than the last day of the
Interest Period therefor, the “Post-Default Rate” for such principal shall be, for the period commencing on the due date and ending on the last day of the Interest Period therefor, 2% above the interest rate for such Loan as provided in
Section 3.02 and, thereafter, the rate provided for above in this definition). 
  

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 “Pounds Sterling” shall mean lawful money of England. 

“Prime Rate” shall mean the rate of interest publicly announced from time to time by JPMCB as its prime rate in effect
at the Principal Office. 
 “Principal Office” shall mean the principal office of JPMCB, located on the date
hereof at 270 Park Avenue, New York, New York 10017. 
 “Property” shall mean any right or interest in or to
property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible (including, without limitation, shares of capital stock). 

“Quarterly Dates” shall mean the last Business Day of each March, June, September and December, the first of which shall
be the first such day after the Effective Date. 
 “Quotation Date” shall mean, for any Interest Period,
(a) for any Currency other than Pounds Sterling, the date two Business Days prior to the commencement of such Interest Period and (b) for Pounds Sterling, the first day of such Interest Period, provided that if market practice
differs in the relevant interbank market for any Currency, the “Quotation Date” for such Currency shall be determined by the Administrative Agent in accordance with market practice in the relevant interbank market (and if quotations would
normally be given by leading banks in the relevant interbank market on more than one day, the “Quotation Date” shall be the last of such days). 

“Rating” shall mean the Moody’s Rating, the Standard & Poor’s Rating or the Fitch Rating. 

“Rating Agency” shall mean Moody’s, Standard & Poor’s or Fitch. 

“Rating Group I” shall mean any two of the following: the Moody’s Rating is at or above A2, the Standard &
Poor’s Rating is at or above A or the Fitch Rating is at or above A; “Rating Group II” shall mean (a) any two of the following: the Moody’s Rating is at or above A3, the Standard & Poor’s Rating is at or
above A- or the Fitch Rating is at or above A- and (b) Rating Group I is not in effect; “Rating Group III” shall mean (a) any two of the following: the Moody’s Rating is at or above Baa1, the Standard &
Poor’s Rating is at or above BBB+ or the Fitch Rating is at or above BBB+ and (b) neither Rating Group I nor Rating Group II is in effect; “Rating Group IV” shall mean (a) any two of the following: the Moody’s
Rating is at or above Baa2, the Standard & Poor’s Rating is at or above BBB or the Fitch Rating is at or above BBB and (b) neither Rating Group I, Rating Group II nor Rating Group III is in effect; “Rating Group
V” shall mean (a) any two of the following: the Moody’s Rating is at or above Baa3, the Standard & Poor’s Rating is at or above BBB- or the Fitch Rating is at or above BBB- and (b) neither Rating Group I, Rating
Group II, Rating Group III nor Rating Group IV is in effect; “Rating Group VI” shall mean none of Rating Group I, Rating Group II, Rating Group III, Rating Group IV and Rating Group V is in effect; provided that (i) if
at any time the Company has two or three 
  

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Ratings falling within two different Rating Groups that are one Rating Group apart, the relevant Rating Group for purposes of determining the Applicable Facility Fee Rate, the Applicable Margin
and the Additional Margin shall be the Rating Group for the higher of the Moody’s Rating (if any) or the Standard & Poor’s Rating (if any), (ii) if at any time the Company has two or three Ratings falling within different
Rating Groups that are two or more Rating Groups apart, the relevant Rating Group for purposes of determining the Applicable Facility Fee Rate, the Applicable Margin and the Additional Margin shall be the Rating Group that is one level above the
Rating Group for the lower (or the lowest, as the case may be) of such Ratings and (iii) for this purpose of this proviso, Rating Group I is higher than Rating Group II, Rating Group II is higher than Rating Group III, Rating Group III is
higher than Rating Group IV, Rating Group IV is higher than Rating Group V and Rating Group V is higher than Rating Group VI). 

“Reference Banks” shall mean JPMCB and Bank of America, N.A. 

“Register” shall have the meaning assigned to that term in Section 12.05. 

“Regulation D” shall mean Regulation D of the Board of Governors of the Federal Reserve System (or any successor), as
the same may be amended or supplemented from time to time. 
 “Regulatory Change” shall mean, with respect to
any Lender, any change after the date hereof (or, in the case of any Competitive LIBOR Loan, the date of the Competitive Bid therefor), in United States Federal, state or foreign law or regulations (including Regulation D) or the adoption or making
after such date of any interpretations, directives or requests applying to a class of banks including such Lender of or under any United States Federal, state or foreign law or regulations (whether or not having the force of law) by any court or
governmental or monetary authority charged with the interpretation or administration thereof. 
 “Requirement of
Law” shall mean, as to any Person, the Certificate of Incorporation and By-Laws or other organizational or governing documents of such Person, and any law, treaty, rule or regulation or determination of an arbitrator or a court or other
Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject. 

“Reserve Requirement” shall mean, for any Interest Period for any LIBO Rate Loan, the effective maximum rate at which
reserves (including any marginal, supplemental or emergency reserves) are required to be maintained during such Interest Period under Regulation D by member banks of the Federal Reserve System in New York City with deposits exceeding one billion
Dollars against “Eurocurrency liabilities” (as such term is used in Regulation D). Without limiting the effect of the foregoing, the Reserve Requirement shall reflect any other reserves required to be maintained by such member banks by
reason of any Regulatory Change against (i) any category of liabilities which includes deposits by reference to which the LIBO Rate is to be determined or (ii) any category of extensions of credit or other assets which includes LIBO Rate
Loans. 
 “Set Rate Auction” shall mean a solicitation of Competitive Bids setting forth Competitive Bid Rates
pursuant to Section 2.03. 
  

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 “Set Rate Loans” shall mean Competitive Loans the interest rates on which
are determined on the basis of Competitive Bid Rates pursuant to a Set Rate Auction. 
 “Significant
Subsidiary” shall mean, at any time, any Subsidiary of the Company if the revenues of such Subsidiary and its Subsidiaries for the four consecutive fiscal quarters of such Subsidiary most recently ended (determined on a consolidated basis
without duplication in accordance with GAAP and whether or not such Person was a Subsidiary of the Company during all or any part of the fiscal period of the Company referred to below) exceed an amount equal to
7- 1/2% of the revenues of the Company and its
Subsidiaries for the four consecutive fiscal quarters of the Company most recently ended (determined on a consolidated basis without duplication in accordance with GAAP and including such Subsidiary and its Subsidiaries on a pro forma basis if such
Subsidiary was not a Subsidiary of the Company). 
 “Standard & Poor’s” shall mean
Standard & Poor’s Ratings Services, or any successor thereto. 
 “Standard and Poor’s
Rating” shall mean, as of any date, the rating most recently published by Standard & Poor’s relating to the unsecured, long-term, senior debt securities of the Company. 

“Standard Securitization Undertakings” shall mean representations, warranties, covenants and indemnities entered into by
the Company or any Subsidiary that are reasonably customary in the non-recourse securitization of receivables transactions. 

“Subsidiary” of any Person shall mean any corporation, partnership, limited liability company or other entity of which
at least a majority of the outstanding shares of stock or other ownership interests having by the terms thereof ordinary voting power to elect a majority of the board of directors or other persons performing similar functions of such corporation,
partnership, limited liability company or other entity (irrespective of whether or not at the time stock or other ownership interests of any other class or classes of such corporation, partnership, limited liability company or other entity shall
have or might have voting power by reason of the happening of any contingency) is at the time directly or indirectly owned or controlled by such Person and/or one or more of the Subsidiaries of such Person. “Wholly-Owned Subsidiary”
shall mean any such corporation, partnership, limited liability company or other entity of which all such shares or other ownership interests, other than directors’ qualifying shares or shares held by nominees to satisfy any requirement as to
minimum number of shareholders, are so owned or controlled. 
 “Swap Agreement” shall mean any agreement with
respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or
pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services
provided by current or former directors, officers, employees or consultants of the Company or any of its Subsidiaries shall be a “Swap Agreement”. 
  

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 “TARGET Day” shall mean any day on which the Trans-European Automated
Real-time Gross Settlement Express Transfer payment system (or any successor settlement system as determined by the Administrative Agent) is open for settlement of payments in Euros. 

“Taxes” shall have the meaning assigned to that term in Section 5.06(a). 

“Termination Letter” shall have the meaning assigned to that term in Section 2.05(a). 

“Total Capital” shall mean the sum of (i) Net Worth plus (ii) Total Indebtedness. 

“Total Consolidated Assets” shall mean, as at any time, the total of all the assets appearing on a consolidated balance
sheet of the Company and its Subsidiaries determined in accordance with generally accepted accounting principles applicable to the type of business in which the Company and such Subsidiaries are engaged, and may be determined as of a date, selected
by the Company, not more than sixty days prior to the happening of the event for which such determination is being made. 

“Total Indebtedness” shall mean, as at any time, the total Indebtedness of the Company and its Subsidiaries determined
on a consolidated basis without duplication. 
 “Type” shall have the meaning assigned to that term in
Section 1.03. 
 “Wholly-Owned Subsidiary” shall have the meaning assigned to that term in the definition
of the term “Subsidiary”. 
 1.02 Accounting Terms and Determinations. 

(a) All accounting terms used herein shall be interpreted, and, unless otherwise disclosed to the Lenders in writing at the time of
delivery thereof in the manner described in subsection (b) below, all financial statements and certificates and reports as to financial matters required to be delivered to the Lenders hereunder shall be prepared, in accordance with generally
accepted accounting principles applied on a basis consistent with those used in the preparation of the latest financial statements furnished to the Lenders hereunder after the date hereof (or, until such financial statements are furnished,
consistent with those used in the preparation of the financial statements referred to in Section 7.02(a)). All calculations made for the purposes of determining compliance with the terms of Sections 8.07(a)(vi), 8.10 and 8.11 shall, except as
otherwise expressly provided herein, be made by application of generally accepted accounting principles applied on a basis consistent with those used in the preparation of the annual or quarterly financial statements furnished to the Lenders
pursuant to Section 8.01 (or, until such financial statements are furnished, consistent with those used in the preparation of the financial statements referred to in Section 7.02(a)) unless (i) the Company shall have objected to
determining such compliance on such basis at the time of delivery of such financial statements or (ii) the Majority Lenders shall so object in writing within 30 days after delivery of such financial statements, in either of which events such
calculations shall be made on a basis consistent with those used in the preparation of the latest financial statements as to which such objection shall not have been made (which, if objection is made in respect of the first financial statements
delivered under Section 8.01, shall mean the financial statements referred to in Section 7.02(a)). 
  

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 (b) The Company shall deliver to the Lenders at the same time as the delivery of any annual
or quarterly financial statement under Section 8.01 (i) a description in reasonable detail of any material variation between the application of accounting principles employed in the preparation of such statement and the application of
accounting principles employed in the preparation of the next preceding annual or quarterly financial statements as to which no objection has been made in accordance with the last sentence of subsection (a) above and (ii) reasonable
estimates of the difference between such statements arising as a consequence thereof. 
 (c) To enable the ready and consistent
determination of compliance with the covenants set forth in Section 8, the Company shall not change the last day of its fiscal year from December 31, or the last days of the first three fiscal quarters in each of its fiscal years from
March 31, June 30 and September 30, respectively. 
 1.03 Types of Loans. 

Loans hereunder are distinguished by “Type” and by “Currency”. The “Type” of a Loan refers to whether such
Loan is a Base Rate Loan, a Committed LIBOR Loan, a Competitive LIBOR Loan or a Set Rate Loan, each of which constitutes a Type. Loans may be identified by both Type and Currency. 

1.04 Terms Generally. 

The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may
require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The
word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be
construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein), (b) any
reference herein to any Person shall be construed to include such Person’s successors and assigns, (c) the words “herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to
this Agreement in its entirety and not to any particular provision hereof, (d) all references herein to Sections, Annexes, Exhibits and Schedules shall be construed to refer to Sections of, and Annexes, Exhibits and Schedules to, this Agreement
and (e) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract
rights. 
 1.05. Currencies; Currency Equivalents; Provisions Relating to European Monetary Union. 

(a) At any time, any reference in the definition of the term “Alternative Currency” or in any other provision of this Agreement
to the currency of any particular nation 
  

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means the lawful currency of such nation at such time whether or not the name of such currency is the same as it was on the date hereof. For purposes of determining (i) whether the amount of
any borrowing of Loans, together with all other Loans then outstanding or to be borrowed at the same time as such borrowing, would exceed the aggregate amount of the Commitments, (ii) the aggregate unutilized amount of the Commitments and
(iii) the aggregate outstanding principal amount of the Loans, the outstanding principal amount of any Loan that is denominated in any Alternative Currency shall be deemed to be the Dollar Equivalent of the principal amount of such Loan
determined as of the date of such borrowing or thereafter as of the date such Loan is Converted or Continued. 
 (b) Wherever in
this Agreement in connection with any Loan an amount, such as a required minimum or multiple amount, is expressed in Dollars, but such Loan is denominated in an Alternative Currency, such amount shall be the relevant Foreign Currency Equivalent of
such Dollar amount (rounded to the nearest 1,000 units of such Alternative Currency), as determined by the Administrative Agent. 

(c) Each obligation hereunder of any party hereto that is denominated in the currency of a state that is not a Participating Member State
on the date hereof shall, effective from the date on which such state becomes a Participating Member State, be redenominated in Euro in accordance with the legislation of the European Union applicable to the European Monetary Union; provided
that, if and to the extent that any such legislation provides that any such obligation of any such party payable within such Participating Member State by crediting an account of the creditor can be paid by the debtor either in Euros or such
currency, such party shall be entitled to pay or repay such amount either in Euros or in such currency. If the basis of accrual of interest or fees expressed in this Agreement with respect to an Alternative Currency of any country that becomes a
Participating Member State after the date on which such currency becomes an Alternative Currency shall be inconsistent with any convention or practice in the interbank market for the basis of accrual of interest or fees in respect of the Euro, such
convention or practice shall replace such expressed basis effective as of and from the date on which such state becomes a Participating Member State; provided that, with respect to any borrowing denominated in such currency that is
outstanding immediately prior to such date, such replacement shall take effect at the end of the Interest Period therefor. Without prejudice to the respective liabilities of the Company to the Lenders and the Lenders to the Company under or pursuant
to this Agreement, each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from time to time reasonably specify to be necessary or appropriate to reflect the introduction or
changeover to the Euro in any country that becomes a Participating Member State after the date hereof. 
 SECTION 2.
COMMITMENTS. 
 2.01 Committed Loans. 

Each Lender severally agrees, on the terms of this Agreement, to make loans to the Company and any Approved Designated Borrower in Dollars
during the period from and including the Effective Date to and including the Commitment Termination Date in an aggregate principal amount at any one time outstanding up to but not exceeding the amount of such

  

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Lender’s Commitment as then in effect. Subject to the terms of this Agreement, during such period the Company and the Approved Designated Borrowers may borrow, repay and reborrow the amount
of the Commitments by means of Base Rate Loans and Committed LIBOR Loans and may Convert Committed Loans of one Type into Committed Loans of the other Type (as provided in Section 2.11(b)) or Continue Committed LIBOR Loans (as provided in
Section 2.11(b)); provided that the total Committed Credit Exposures at any one time shall not exceed the total Commitments at such time; and provided, further, that there may be no more than 30 different Interest Periods
for both Committed Loans and Competitive Loans outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different
Interest Periods even if they are coterminous). 
 2.02 Borrowings of Committed Loans. 

The Company (on its own behalf and on behalf of any other Approved Designated Borrower) shall give the Administrative Agent (which shall
promptly notify the Lenders) notice of each borrowing hereunder of Committed Loans, which notice shall be irrevocable and effective only upon receipt by the Administrative Agent, shall specify with respect to the Committed Loans to be borrowed
(i) the aggregate amount to be borrowed, which shall be at least $5,000,000 (or an integral multiple of $1,000,000 in excess thereof) in the case of Base Rate Loans (provided that a Base Rate Loan may be in an aggregate amount that is
equal to the entire unused balance of the total Commitments or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.04(e)) and $5,000,000 in the case of Committed LIBOR Loans (or in either case an
integral multiple of $1,000,000 in excess thereof), (ii) the Type and date (which shall be a Business Day) and (iii) (in the case of Committed LIBOR Loans) the duration of the Interest Period therefor, and each such notice shall be given
not later than 11:00 a.m. New York time on the day which is not less than the number of Business Days prior to the date of such borrowing specified below opposite the Type of such Loans: 

 

			
	 Type
	  	Number of Business Days
	 Base Rate Loans
	  	0
	 Committed LIBOR Loans
	  	3

 Not later than 2:00 p.m. New York time
on the date specified for each borrowing of Committed Loans hereunder, each Lender shall, subject to Section 4.01(a), make available the amount of the Committed Loan or Loans to be made by it on such date to the Administrative Agent, at the
Administrative Agent’s Account for Dollars in immediately available funds, for account of the relevant Borrower, provided that Base Rate Loans made to finance the reimbursement of an LC Disbursement as provided in Section 2.04(e)
shall be remitted by the Administrative Agent to the relevant Issuing Bank. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, promptly be made available to the relevant Borrower by
depositing the same, in immediately available funds, in an account of the relevant Borrower designated by the Company. 
  

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 2.03 Competitive Loans. 

(a) In addition to borrowings of Committed Loans, the Company (on its own behalf and on behalf of any other Borrower) may, as set forth in
this Section 2.03, request the Lenders to make offers to make Competitive Loans to such Borrower in Dollars or in any Alternative Currency. The Lenders may, but shall have no obligation to, make such offers and such Borrower may, but shall have
no obligation to, accept any such offers in the manner set forth in this Section 2.03. Competitive Loans may be Competitive LIBOR Loans or Set Rate Loans, provided that there may be no more than 30 different Interest Periods for both
Committed Loans and Competitive Loans outstanding at the same time (for which purpose Interest Periods described in different lettered clauses of the definition of the term “Interest Period” shall be deemed to be different Interest Periods
even if they are coterminous). Competitive Loans shall not constitute a utilization of the Commitments. 
 (b) When any Borrower
wishes to request offers to make Competitive Loans, the Company (on its own behalf and on behalf of any other Borrower) shall give the Administrative Agent (which shall promptly notify the Lenders) notice in the form of Exhibit C hereto (a
“Competitive Bid Request”) so as to be received no later than 11:00 a.m. New York time on (x) the fifth Business Day prior to the date of borrowing proposed therein in the case of a LIBOR Auction or (y) the Business Day
next preceding the date of borrowing proposed therein, in the case of a Set Rate Auction, specifying: 
 (i) the name of the
Borrower, the Currency of such borrowing and the proposed date of such borrowing (a “Competitive Borrowing”), which shall be a Business Day; 

(ii) the aggregate amount of such Competitive Borrowing, which shall be at least $5,000,000 or, in the case of Competitive Loans in an
Alternative Currency, the Foreign Currency Equivalent thereof, and in an integral multiple of $1,000,000 in excess thereof (or the Foreign Currency Equivalent thereof, as applicable); 

(iii) the duration of the Interest Period applicable thereto; and 

(iv) whether the Competitive Bids requested are to set forth a Margin or a Competitive Bid Rate. 

The Company (on its own behalf and on behalf of any other Borrower) may request offers to make Competitive Loans for up to 15 different
Interest Periods in a single Competitive Bid Request; provided that the request for each separate Interest Period shall be deemed to be a separate Competitive Bid Request for a separate Competitive Borrowing. Except as otherwise provided in
the preceding sentence, no Competitive Bid Request shall be given within five Business Days of any other Competitive Bid Request. 

(c) (i) Any Lender may, by notice to the Administrative Agent in the form of Exhibit D hereto (a “Competitive
Bid”), submit an offer to make a Competitive Loan in response to any Competitive Bid Request; provided that, if the request under Section 2.03(b) specified more than one Interest Period, such Lender may make a single submission
containing a separate offer for each such Interest Period and each such separate offer shall be deemed to be a separate 

 

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Competitive Bid. Each Competitive Bid must be submitted to the Administrative Agent not later than (x) 2:00 p.m. (or, in the case of Competitive Loans in an Alternative Currency, 11:00 a.m.)
New York time on the fourth Business Day prior to the proposed date of borrowing, in the case of a LIBOR Auction or (y) 11:00 a.m. New York time on the proposed date of borrowing, in the case of a Set Rate Auction; provided that any
Competitive Bid submitted by JPMCB (or its Applicable Lending Office) may be submitted, and may only be submitted, if JPMCB (or such Applicable Lending Office) notifies the Company of the terms of the offer contained therein not later than
(x) 1:00 p.m. (or, in the case of Competitive Loans in an Alternative Currency, 10:00 a.m.) New York time on the fourth Business Day prior to the proposed date of borrowing, in the case of a LIBOR Auction or (y) 10:45 a.m. New York time on
the proposed date of borrowing, in the case of a Set Rate Auction. Subject to Sections 5.03 and 9, any Competitive Bid so made shall be irrevocable except with the written consent of the Administrative Agent given on the instructions of the Company.

 (ii) Each Competitive Bid shall specify: 

(A) the name of the Borrower, the Currency of such borrowing, the proposed date of borrowing and the Interest Period
therefor; 
 (B) the principal amount of the Competitive Loan for which each such offer is being made, which
principal amount (x) may be greater than or less than the Commitment of the quoting Lender, (y) must be at least $1,000,000 or, in the case of a Competitive Loan in an Alternative Currency, the Foreign Currency Equivalent thereof, and in
an integral multiple of $1,000,000 (or the Foreign Currency Equivalent thereof, as applicable), and (z) may not exceed the principal amount of the Competitive Borrowing for which offers were requested; 

(C) in the case of a LIBOR Auction, the margin above or below the applicable Adjusted LIBO Rate (the
“Margin”) offered for each such Competitive Loan, expressed as a percentage (rounded to the nearest 1/10,000th of 1%) to be added to or subtracted from the applicable Adjusted LIBO Rate; 

(D) in the case of a Set Rate Auction, the rate of interest per annum (rounded to the nearest 1/10,000th of 1%) (the
“Competitive Bid Rate”) offered for each such Competitive Loan; and 
 (E) the identity of the
quoting Lender. 
 No Competitive Bid shall contain qualifying, conditional or similar language or propose terms other than or in addition to
those set forth in the applicable Competitive Bid Request and, in particular, no Competitive Bid may be conditioned upon acceptance by the Company of all (or some specified minimum) of the principal amount of the Competitive Loan for which such
Competitive Bid is being made; provided that the submission of any Lender containing more than one Competitive Bid may be conditioned on the Company not accepting offers contained in such submission that would result in such Lender making
Competitive Loans pursuant thereto in excess of a specified aggregate amount (the “Competitive Loan Limit”). 
  

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 (d) The Administrative Agent shall (x) in the case of a Set Rate Auction, as promptly
as practicable after the Competitive Bid is submitted (but in any event not later than 11:15 a.m. New York time) or (y) in the case of a LIBOR Auction, by 4:00 p.m. (or, in the case of Competitive Loans in an Alternative Currency, noon) New
York time on the day a Competitive Bid is submitted, notify the Company (which will promptly notify the relevant Borrower if it is not the Company) of the terms (i) of any Competitive Bid submitted by a Lender that is in accordance with
Section 2.03(c) and (ii) of any Competitive Bid that amends, modifies or is otherwise inconsistent with a previous Competitive Bid submitted by such Lender with respect to the same Competitive Bid Request. Any such subsequent Competitive
Bid shall be disregarded by the Administrative Agent unless such subsequent Competitive Bid is submitted solely to correct a manifest error in such former Competitive Bid. The Administrative Agent’s notice to the Company shall specify
(A) the aggregate principal amount of the Competitive Borrowing for which offers have been received and (B) the respective principal amounts and Margins or Competitive Bid Rates, as the case may be, so offered by each Lender (identifying
the Lender that made each Competitive Bid). 
 (e) Not later than (x) 11:00 a.m. New York time on the third Business Day
(or, in the case of Competitive Loans in an Alternative Currency, 2:00 p.m. New York time on the fourth Business Day) prior to the proposed date of borrowing, in the case of a LIBOR Auction or (y) 12:00 p.m. noon New York time on the proposed
date of borrowing, in the case of a Set Rate Auction, the Company shall notify the Administrative Agent of its or the relevant Borrower’s, if the Borrower is not the Company, acceptance or nonacceptance of the offers so notified to the Company
pursuant to Section 2.03(d) (which notice shall specify the aggregate principal amount of offers from each Lender for each Interest Period that are accepted; and the failure of the Company to give such notice by such time shall constitute
non-acceptance) and the Administrative Agent shall promptly notify each affected Lender of the acceptance or non-acceptance of its offers. The notice by the Administrative Agent shall also specify the aggregate principal amount of offers for each
Interest Period that were accepted. The Company (on its own behalf and on behalf of any other Borrower) may accept any Competitive Bid in whole or in part (provided that any Competitive Bid accepted in part from any Lender shall be in an
integral multiple of $1,000,000 or, in the case of a Competitive Loan in an Alternative Currency, the Foreign Currency Equivalent thereof (rounded to the nearest 1,000 units of such Alternative Currency)); provided that: 

(i) the aggregate principal amount of each Competitive Borrowing may not exceed the applicable amount set forth in the related Competitive
Bid Request; 
 (ii) the aggregate principal amount of each Competitive Borrowing shall be at least $5,000,000 or, in the case of
a borrowing of Competitive Loans in an Alternative Currency, the Foreign Currency Equivalent thereof, and in an integral multiple of $1,000,000 in excess thereof (or the Foreign Currency Equivalent thereof, as applicable); 

(iii) acceptance of offers may, subject to clause (v) below, only be made in ascending order of Margins or Competitive Bid Rates, as
the case may be; provided that the Company need not accept on behalf of any Designated Borrower the offer of any Lender if payment of the interest on the relevant Competitive Loan would subject such

  

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Designated Borrower to the requirement of paying any additional amounts under Section 5.06(a) or if such interest payment would be subject to greater restrictions on deductibility for income
tax purposes than the restriction applicable to interest payments made to other Lenders whose offers are accepted; 
 (iv) the
Company (on its own behalf and on behalf of any other Borrower) may not accept any offer where the Administrative Agent has advised the Company that such offer fails to comply with Section 2.03(c)(ii) or otherwise fails to comply with the
requirements of this Agreement (including, without limitation, Section 2.03(a)); and 
 (v) the aggregate principal amount
of each Competitive Borrowing from any Lender may not exceed any applicable Competitive Loan Limit of such Lender. 
 If offers are made by two
or more Lenders with the same Margins or Competitive Bid Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which offers are accepted for the related Interest Period, the principal amount of Competitive
Loans in respect of which such offers are accepted shall be allocated by the Company among such Lenders as nearly as possible (in an integral multiple of $1,000,000 or, in the case of a borrowing of Competitive Loans in an Alternative Currency, the
Foreign Currency Equivalent thereof) in proportion to the aggregate principal amount of such offers. Determinations by the Company of the amounts of Competitive Loans shall be conclusive in the absence of manifest error. 

(f) Any Lender whose offer to make any Competitive Loan has been accepted in accordance with the terms and conditions of this
Section 2.03 shall, not later than 2:00 p.m. New York time (in the case of Loans denominated in Dollars) or 11:00 a.m. local time in the location of the Administrative Agent’s Account (in the case of Loans denominated in an Alternative
Currency) on the date specified for the making of such Loan, make the amount of such Loan available to the Administrative Agent at the Administrative Agent’s Account for the Currency of such Loan in immediately available funds. The amount so
received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, promptly be made available to the relevant Borrower on such date by depositing the same, in immediately available funds, in an account of the relevant
Borrower designated by the Company. 
 (g) The amount of any Competitive Loan made by any Lender shall not constitute a
utilization of such Lender’s Commitment. 
 (h) Subject to the terms and conditions of this Agreement, each Foreign
Subsidiary that is a Designated Borrower agrees that any Competitive Loan to be made hereunder by any Lender that has an Affiliate (a “Lender Affiliate”) in such Designated Borrower’s Jurisdiction may be satisfied by such
Lender Affiliate at its sole discretion (such Loans are hereinafter referred to as “Competitive Affiliate Loans”). The Company and each Designated Borrower hereby acknowledge and agree that any Lender Affiliate that makes a
Competitive Affiliate Loan shall have made such Loan in reliance upon, and shall be entitled to the benefits of, this Agreement (including, without limitation, Section 11) and shall be entitled to enforce rights hereunder in respect of such
Loan as fully as though it were a Lender party hereto. 
  

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 2.04. Letters of Credit. 

(a) General. Subject to the terms and conditions set forth herein, the Company may request the issuance of Letters of Credit
denominated in Dollars for its own account, in a form reasonably acceptable to the Administrative Agent and each Issuing Bank, at any time and from time to time during the period from and including the Effective Date to and including the Commitment
Termination Date. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of letter of credit application or other agreement submitted by the Company to, or entered into by the
Company with, an Issuing Bank relating to any Letter of Credit, the terms and conditions of this Agreement shall control. 
 (b)
Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. To request the issuance of a Letter of Credit (or the amendment, renewal or extension of an outstanding Letter of Credit), the Company shall hand deliver or telecopy (or
transmit by electronic communication, if arrangements for doing so have been approved by the relevant Issuing Bank) to the relevant Issuing Bank and the Administrative Agent (reasonably in advance of the requested date of issuance, amendment,
renewal or extension) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and specifying the date of issuance, amendment, renewal or extension (which shall be a Business
Day), the date on which such Letter of Credit is to expire (which shall comply with paragraph (c) of this Section), the amount of such Letter of Credit, the name and address of the beneficiary thereof and such other information as shall be
necessary to prepare, amend, renew or extend such Letter of Credit. If requested by the relevant Issuing Bank, the Company also shall submit a letter of credit application on such Issuing Bank’s standard form in connection with any
request for a Letter of Credit. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Company shall be deemed to represent and warrant that), after
giving effect to such issuance, amendment, renewal or extension (i) the LC Exposure shall not exceed $100,000,000, (ii) the total Committed Credit Exposures shall not exceed the total Commitments and (iii) if the Commitment
Termination Date shall have been extended pursuant to Section 2.12 with respect to some of but not all of the Lenders, the portion of the LC Exposure attributable to Letters of Credit with expiry dates after any Existing Commitment Termination
Date (as defined in Section 2.12) will not exceed the portion of the total Commitments represented by the Commitments of the Lenders (including the Additional Commitment Lenders) with respect to which the Commitment Termination Date shall have
been extended beyond such Existing Commitment Termination Date. 
 (c) Expiration Date. Each Letter of Credit shall
expire at or prior to the close of business on the earlier of (i) the date one year after the date of the issuance of such Letter of Credit (or, in the case of any renewal or extension thereof, one year after such renewal or extension) and
(ii) the date that is five Business Days prior to the Commitment Termination Date; provided that any Letter of Credit may provide for the automatic renewal thereof for additional one-year periods so long as such automatic renewal does
not extend the expiration thereof beyond the date described in clause (ii); and provided, further that no Letter of Credit may expire after the date that is five Business Days prior to an Existing Commitment 

 

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Termination Date in respect of any non-extending Lenders under Section 2.12 if, after giving effect to such Letter of Credit, the total Commitments of the extending Lenders (and any
Additional Commitment Lenders) under Section 2.12 for the period following such Existing Commitment Termination Date would be less than the LC Exposure following such Existing Commitment Termination Date. 

(d) Participations. By the issuance of a Letter of Credit (or an amendment to a Letter of Credit increasing the amount thereof)
and without any further action on the part of the relevant Issuing Bank or the Lenders, such Issuing Bank hereby grants to each Lender, and each Lender hereby acquires from such Issuing Bank, a participation in such Letter of Credit equal to such
Lender’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit. In consideration and in furtherance of the foregoing, each Lender hereby absolutely and unconditionally agrees to pay to the
Administrative Agent, for the account of such Issuing Bank, such Lender’s Applicable Percentage of each LC Disbursement made by such Issuing Bank and not reimbursed by the Company on the date due as provided in paragraph (e) of this
Section, or of any reimbursement payment required to be refunded to the Company for any reason. Each Lender acknowledges and agrees that its obligation to acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute
and unconditional and shall not be affected by any circumstance whatsoever, including any amendment, renewal or extension of any Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Commitments, and that
each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. 
 (e) Reimbursement.
If an Issuing Bank shall make any LC Disbursement in respect of a Letter of Credit, the Company shall reimburse such LC Disbursement by paying to the Administrative Agent an amount equal to such LC Disbursement not later than 12:00 noon,
New York City time, on the date that such LC Disbursement is made, if the Company shall have received notice of such LC Disbursement prior to 10:00 a.m., New York City time, on such date, or, if such notice has not been
received by the Company prior to such time on such date, then not later than 12:00 noon, New York City time, on (i) the Business Day that the Company receives such notice, if such notice is received prior to 10:00 a.m.,
New York City time, on the day of receipt, or (ii) the Business Day immediately following the day that the Company receives such notice, if such notice is not received prior to such time on the day of receipt; provided that the
Company may, subject to the conditions to borrowing set forth herein, request in accordance with Section 2.02 that such payment be financed with a Base Rate Loan in an equivalent amount and, to the extent so financed, the Company’s
obligation to make such payment shall be discharged and replaced by the resulting Base Rate Loan. If the Company fails to make such payment when due, the Administrative Agent shall notify each Lender of the applicable LC Disbursement, the payment
then due from the Company in respect thereof and such Lender’s Applicable Percentage thereof. Promptly following receipt of such notice, each Lender shall pay to the Administrative Agent its Applicable Percentage of the payment then due
from the Company, in the same manner as provided in Section 2.02 with respect to Committed Loans made by such Lender (and Section 4.04 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative
Agent shall promptly pay to the relevant Issuing Bank the amounts so received by it from the Lenders. Promptly following receipt by the Administrative Agent of any payment from the Company pursuant to this paragraph, the

  

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Administrative Agent shall distribute such payment to the relevant Issuing Bank or, to the extent that Lenders have made payments pursuant to this paragraph to reimburse such Issuing Bank, then
to such Lenders and such Issuing Bank as their interests may appear. Any payment made by a Lender pursuant to this paragraph to reimburse the relevant Issuing Bank for any LC Disbursement (other than the funding of Base Rate Loans as contemplated
above) shall not constitute a Loan and shall not relieve the Company of its obligation to reimburse such LC Disbursement. 
 (f)
Obligations Absolute. The Company’s obligation to reimburse LC Disbursements as provided in paragraph (e) of this Section shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with
the terms of this Agreement under any and all circumstances whatsoever and irrespective of (i) any lack of validity or enforceability of any Letter of Credit or this Agreement, or any term or provision therein, (ii) any draft or other
document presented under a Letter of Credit proving to be forged, fraudulent or invalid in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by the relevant Issuing Bank under a Letter of Credit
against presentation of a draft or other document that does not comply with the terms of such Letter of Credit, or (iv) any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the
provisions of this Section, constitute a legal or equitable discharge of, or provide a right of setoff against, the Company’s obligations hereunder. Neither the Administrative Agent, the Lenders nor the Issuing Banks shall have any liability or
responsibility by reason of or in connection with the issuance or transfer of any Letter of Credit or any payment or failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), or any
error, omission, interruption, loss or delay in transmission or delivery of any draft, notice or other communication under or relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in
interpretation of technical terms or any consequence arising from causes beyond the control of the Issuing Banks; provided that the foregoing shall not be construed to excuse the Issuing Banks from liability to the Company to the extent of
any direct damages (as opposed to consequential damages, claims in respect of which are hereby waived by the Company to the extent permitted by applicable law) suffered by the Company that are caused by the relevant Issuing Bank’s
failure to exercise care when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the
part of the relevant Issuing Bank (as finally determined by a court of competent jurisdiction), such Issuing Bank shall be deemed to have exercised care in each such determination. In furtherance of the foregoing and without limiting the generality
thereof, the parties agree that, with respect to documents presented which appear on their face to be in substantial compliance with the terms of a Letter of Credit, each Issuing Bank may, in its sole discretion, either accept and make payment upon
such documents without responsibility for further investigation, regardless of any notice or information to the contrary, or refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such
Letter of Credit. 
 (g) Disbursement Procedures. Each Issuing Bank shall, promptly following its receipt thereof,
examine all documents purporting to represent a demand for payment under a Letter of Credit. Such Issuing Bank shall promptly notify the Administrative Agent and the 

 

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Company by telephone (confirmed by telecopy) of such demand for payment and whether such Issuing Bank has made or will make an LC Disbursement thereunder; provided that any failure to give
or delay in giving such notice shall not relieve the Company of its obligation to reimburse such Issuing Bank and the Lenders with respect to any such LC Disbursement. 

(h) Interim Interest. If an Issuing Bank shall make any LC Disbursement, then, unless the Company shall reimburse such LC
Disbursement in full on the date such LC Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the Company reimburses such LC
Disbursement, at the rate per annum then applicable to Base Rate Loans; provided that, if the Company fails to reimburse such LC Disbursement when due pursuant to paragraph (e) of this Section, then Section 3.02(a) (with respect to
the Post-Default Rate) shall apply. Interest accrued pursuant to this paragraph shall be for the account of the relevant Issuing Bank, except that interest accrued on and after the date of payment by any Lender pursuant to paragraph (e) of this
Section to reimburse such Issuing Bank shall be for the account of such Lender to the extent of such payment. 
 (i)
Replacement of an Issuing Bank. Each Issuing Bank may be replaced at any time by written agreement among the Company, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify
the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Company shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 4.04. From and after
the effective date of any such replacement, (i) the successor Issuing Bank shall have all the rights and obligations of such Issuing Bank under this Agreement with respect to Letters of Credit to be issued thereafter and (ii) references
herein to the term “Issuing Bank” shall be deemed to refer to such successor or to any previous Issuing Bank, or to such successor and all previous Issuing Banks, as the context shall require. After the replacement of an Issuing Bank
hereunder, the replaced Issuing Bank shall remain a party hereto and shall continue to have all the rights and obligations of an Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such replacement, but shall
not be required to issue additional Letters of Credit. 
 (j) Cash Collateralization. If any Event of Default shall occur
and be continuing, on the Business Day that the Company receives notice from the Administrative Agent or the Majority Lenders (or, if the maturity of the Loans has been accelerated, Lenders with LC Exposure representing greater than 50% of the total
LC Exposure) demanding the deposit of cash collateral pursuant to this paragraph, the Company shall deposit in an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of the Lenders, an amount in cash
equal to the LC Exposure as of such date plus any accrued and unpaid interest thereon; provided that the obligation to deposit such cash collateral shall become effective immediately, and such deposit shall become immediately due and
payable, without demand or other notice of any kind, upon the occurrence of any Event of Default with respect to the Company described in clause (g) or (h) of Section 9. Such deposit shall be held by the Administrative Agent as
collateral for the payment and performance of the obligations of the Company under this Agreement. The Administrative Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such account. Other than any
interest 
  

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earned on the investment of such deposits, which investments shall be made at the option and sole discretion of the Administrative Agent and at the Company’s risk and expense, such
deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in such account. Moneys in such account shall be applied by the Administrative Agent to reimburse the relevant Issuing Bank for LC Disbursements for
which it has not been reimbursed and, to the extent not so applied, shall be held for the satisfaction of the reimbursement obligations of the Company for the LC Exposure at such time or, if the maturity of the Loans has been accelerated (but
subject to the consent of Lenders with LC Exposure representing greater than 50% of the total LC Exposure), be applied to satisfy other obligations of the Company under this Agreement. If the Company is required to provide an amount of cash
collateral hereunder as a result of the occurrence of an Event of Default, such amount (to the extent not applied as aforesaid) shall be returned to the Company within three Business Days after all Events of Default have been cured or waived.

 2.05 Borrowings by Designated Borrowers. 

(a) The Company may, at any time or from time to time, designate one or more Wholly-Owned Subsidiaries as Borrowers hereunder by
furnishing to the Administrative Agent a letter (a “Designation Letter”) in duplicate, substantially in the form of Exhibit E-1 hereto, duly completed and executed by the Company and such Subsidiary. Any such designation of a
Foreign Subsidiary shall, and any such designation of a Domestic Subsidiary may, restrict such Wholly-Owned Subsidiary to Competitive Loans, as set forth in the relevant Designation Letter. Upon any such designation of a Subsidiary, such Subsidiary
shall be a Borrower entitled to borrow Competitive Loans only; and upon approval by all of the Lenders (which approval shall not be unreasonably withheld) of any Domestic Subsidiary as an Approved Designated Borrower (which approval shall be
evidenced by the Administrative Agent signing and returning to the Company a copy of such Designation Letter) such Domestic Subsidiary shall be an Approved Designated Borrower entitled to borrow both Committed Loans and Competitive Loans. So long as
all principal and interest on all Loans of any Borrower (other than the Company) hereunder have been paid in full, the Company may terminate the status of such Borrower as a Borrower hereunder by furnishing to the Administrative Agent a letter (a
“Termination Letter”), substantially in the form of Exhibit E-2 hereto, duly completed and executed by the Company and such Borrower. Any Termination Letter furnished in accordance with this Section 2.05 shall be effective upon
receipt by the Administrative Agent (which shall promptly notify the Lenders), whereupon the Lenders shall promptly deliver to the Company (through the Administrative Agent) the Notes, if any, of such former Borrower. Notwithstanding the foregoing,
the delivery of a Termination Letter with respect to any Borrower shall not terminate any obligation of such Borrower theretofore incurred (including, without limitation, obligations under Sections 5.01, 5.05 and 5.06) or the obligations of the
Company under Section 11 with respect thereto. 
 (b) No Designation Letter with respect to an Approved Designated Borrower
may be amended, supplemented or otherwise modified without the approval of the Majority Lenders. 
  

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 2.06 Changes of Commitments. 

(a) Unless theretofore reduced to such amount pursuant to paragraphs (b) and (c) below, the aggregate amount of the Commitments
shall automatically be reduced to zero on the Commitment Termination Date. 
 (b) The Company shall have the right to terminate
or reduce permanently the amount of the Commitments at any time or from time to time upon not less than three Business Days’ prior notice to the Administrative Agent (which shall promptly notify the Lenders) of each such termination or
reduction, which notice shall specify the effective date thereof and the amount of any such reduction (which shall be in an integral multiple of $5,000,000) and shall be irrevocable and effective only upon receipt by the Administrative Agent;
provided that the Company may not at any time (i) terminate the Commitments in whole if Committed Loans are then outstanding or (ii) reduce the aggregate amount of the Commitments below the aggregate outstanding principal amount of
the Committed Loans. 
 (c) The Commitments once terminated or reduced may not be reinstated. 

(d) (i) Requests for Increase by Company. The Company may at any time (but in no event more frequently that once during any
three month period) propose that the aggregate amount of the Commitments hereunder be increased (each such proposed increase being a “Commitment Increase”), by notice to the Administrative Agent specifying the name of the Person or
Persons that will provide additional Commitments (which may be either an existing Lender (each an “Increasing Lender”) and/or any Person not then a Lender (each an “Assuming Lender”), in each case with the consent
of Administrative Agent and each Issuing Bank (which such consent shall not be unreasonably withheld)) and the date on which such increase is to be effective (the “Commitment Increase Date”), which shall be a Business Day at least
three Business Days after delivery of such notice and prior to the Commitment Termination Date; provided that: 

(A) immediately after giving effect to such Commitment Increase, the aggregate amount of the Commitments hereunder shall
not exceed the Commitments as of the Effective Date plus $500,000,000; 
 (B) each proposed Commitment Increase
hereunder shall be in an aggregate minimum amount of $50,000,000, provided that the minimum amount of the Commitment of any Assuming Lender as part of such Commitment Increase shall be at least $25,000,000; 

(C) no Default shall have occurred and be continuing on such Commitment Increase Date or shall result from the proposed
Commitment Increase; 
 (D) the representations and warranties contained in Section 7 shall be correct on
and as of the Commitment Increase Date as if made on and as of such date (or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such specific date); and 

 

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 (E) immediately after giving effect to such Commitment Increase, no Lender
shall hold more than 20% of the aggregate amount of the Commitments. 
 (ii) Effectiveness of Commitment
Increase by Company. The Assuming Lender, if any, shall become a Lender hereunder as of such Commitment Increase Date and the Commitment of such Assuming Lender and/or the increase in the Commitment of any Increasing Lender shall become
effective as of such Commitment Increase Date; provided that: 
 (A) the Administrative Agent shall have
received on or prior to 9:00 a.m., New York City time, on such Commitment Increase Date a certificate of a duly authorized officer of the Company stating that each of the applicable conditions to such Commitment Increase set forth in this
Section 2.06(d) has been satisfied; 
 (B) with respect to each Assuming Lender, the Administrative Agent
shall have received, on or prior to 9:00 a.m., New York City time, on such Commitment Increase Date, an appropriate Assumption Agreement in substantially the form of Exhibit G, duly executed by such Assuming Lender and the Company and
acknowledged by the Administrative Agent; and 
 (C) each Increasing Lender shall have delivered to the
Administrative Agent, on or prior to 9:00 a.m., New York City time, on such Commitment Increase Date, confirmation in writing satisfactory to the Administrative Agent as to its increased Commitment, with a copy of such confirmation to the
Company. 
 (iii) Recordation into Register. Upon its receipt of confirmation from a Lender that it is
increasing its Commitment hereunder, together with the certificate referred to in clause (ii)(A) above, the Administrative Agent shall (A) record the information contained therein in the Register and (B) give prompt notice thereof to the
Company. Upon its receipt of an Assumption Agreement executed by an Assuming Lender, together with the certificate referred to in clause (ii)(A) above, the Administrative Agent shall, if such Assumption Agreement has been completed and is in
substantially the form of Exhibit G, (c) accept such Assumption Agreement, (y) record the information contained therein in the Register and (z) give prompt notice thereof to the Company. 

(iv) Adjustments of Borrowings upon Effectiveness of Increase. In the event that the Administrative Agent shall
have received notice from the Company as to any agreement with respect to a Commitment Increase on or prior to the Commitment Increase Date and the actions provided for in clause (ii) above shall have occurred by 9:00 a.m., New York City
time, on such Commitment Increase Date, the Administrative Agent shall notify the Lenders (including any Assuming Lenders) of the occurrence of such Commitment Increase Date promptly on such date by facsimile transmission or electronic messaging
system. On the date of such Commitment Increase, the Borrowers 
  

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shall (A) prepay the outstanding Committed Loans (if any) in full, (B) if so required in accordance with the terms hereof, simultaneously borrow new Committed Loans hereunder in an
amount equal to such prepayment, so that, after giving effect thereto, the Committed Loans are held ratably by the Lenders in accordance with their respective Commitments of such Lenders (after giving effect to such Commitment Increase) and
(C) pay to the Lenders the amounts, if any, payable under Section 5.05. 
 2.07 Fees. 

(a) Facility Fee. The Company agrees to pay to the Administrative Agent for account of each Lender a facility fee on the amount of
such Lender’s Commitment (whether or not utilized) for the period from and including the date hereof to but not including the earlier of the date such Commitment is terminated and the Commitment Termination Date, at a rate per annum equal to
the Applicable Facility Fee Rate; provided that, if such Lender continues to have any Committed Credit Exposure after the termination of its Commitment, then such facility fee shall continue to accrue on the aggregate daily amount of such
Lender’s Committed Credit Exposure from and including the date its Commitment terminates to but excluding the date such Lender ceased to have any Committed Credit Exposure. Accrued facility fees shall be payable on each Quarterly Date in
arrears and on the earlier of the date the Commitments are terminated and the Commitment Termination Date. 
 (b) Letter of
Credit Fees. The Company agrees to pay (i) to the Administrative Agent for the account of each Lender a participation fee with respect to its participations in Letters of Credit, which shall accrue at the same Applicable Margin and
Additional Margin (if any) used to determine the interest rate applicable to LIBOR Committed Loans on the average daily amount of such Lender’s LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements)
during the period from and including the Effective Date to but excluding the later of the date on which such Lender’s Commitment terminates and the date on which such Lender ceases to have any LC Exposure, and (ii) to each Issuing
Bank a fronting fee, which shall accrue at the rate or rates per annum separately agreed upon between the Company and each Issuing Bank on the average daily amount of the LC Exposure (excluding any portion thereof attributable to unreimbursed LC
Disbursements) during the period from and including the Effective Date to but excluding the later of the date of termination of the Commitments and the date on which there ceases to be any LC Exposure, as well as each Issuing Bank’s
standard fees with respect to the issuance, amendment, renewal or extension of any Letter of Credit or processing of drawings thereunder. Participation fees and fronting fees accrued through and including the last day of March, June, September and
December of each year shall be payable on the third Business Day following such last day, commencing on the first such date to occur after the Effective Date; provided that all such fees shall be payable on the date on which the Commitments
terminate and any such fees accruing after the date on which the Commitments terminate shall be payable on demand. Any other fees payable to an Issuing Bank pursuant to this paragraph shall be payable within 10 days after demand. All participation
fees and fronting fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). 

 

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 2.08 Lending Offices. The Loans of each Type and Currency made by each Lender shall
be made and maintained at such Lender’s Applicable Lending Office for Loans of such Type and Currency. 
 2.09 Several
Obligations; Remedies Independent. The failure of any Lender to make any Loan to be made by it on the date specified therefor shall not relieve any other Lender of its obligation to make its Loan on such date, and no Lender shall be responsible
for the failure of any other Lender to make a Loan to be made by such other Lender. The amounts payable by any Borrower at any time hereunder and under its Notes to each Lender shall be a separate and independent debt and each Lender shall be
entitled to protect and enforce its rights arising out of this Agreement and the Notes, and it shall not be necessary for any other Lender or the Administrative Agent to consent to, or be joined as an additional party in, any proceedings for such
purposes. 
 2.10 Evidence of Debt. 

(a) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of each Borrower
to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. 

(b) The Administrative Agent shall maintain accounts in which it shall record (i) the date, amount, maturity date and interest rate
of each Loan made hereunder, the Type and Currency thereof and the Interest Period (if any) applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from each Borrower to each Lender
hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. 

(c) The entries made in the accounts maintained pursuant to clause (a) or (b) of this Section 2.10 shall be prima facie
evidence of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligation of the
Borrowers to repay the Loans in accordance with the terms of this Agreement. 
 (d) Any Lender may request that Loans made by it
to any Borrower be evidenced by a promissory note of the appropriate Borrower. In such event, the appropriate Borrower shall prepare, execute and deliver to such Lender one or more promissory notes payable to the order of such Lender and in a form
approved by the Administrative Agent. 
 2.11 Prepayments; Conversions and Continuations. 

(a) Loans may be prepaid without premium or penalty upon not less than (a) (in the case of Base Rate Loans) one Business Day’s,
and (b) (in the case of LIBOR Loans) three Business Days’, prior notice to the Administrative Agent (which shall promptly notify the Lenders), which notice shall specify the prepayment date (which shall be a Business Day) and the amount of
the prepayment (which, in the case of partial prepayments, shall be in an integral multiple of $1,000,000) and shall be irrevocable and effective only upon receipt by the 

 

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Administrative Agent not later than 11:00 a.m. New York time on the number of Business Days specified above prior to the relevant date of prepayment, provided that interest on the
principal of any Loans prepaid, accrued to the prepayment date, shall be paid on the prepayment date. 
 If at any time the
total Committed Credit Exposures shall exceed the total Commitments, the Borrowers shall forthwith prepay the Loans in an aggregate amount equal to any such excess. 

(b) The Company (on its own behalf and on behalf of any other Approved Designated Borrower) shall have the right to Convert Committed
Loans of one Type into Committed Loans of another Type or Continue Committed LIBOR Loans as such at any time or from time to time, upon not less than (i) (in the case of any Conversion into Base Rate Loans) one Business Day’s, and
(b) (in the case of any Conversion into, or Continuation as, LIBO Rate Loans), three Business Days’, prior notice to the Administrative Agent (which shall promptly notify the Lenders), which notice shall specify the amount (which shall be
in an integral multiple of $1,000,000) and Type of each Committed Loan to be Converted or Continued (and, in the case of a Conversion, the Type of Loan to result from such Conversion), the duration of the Interest Period for any LIBO Rate Loans to
be Continued or to result from such Conversion, and the date of Conversion or Continuation (which shall be a Business Day) and shall be irrevocable and effective only upon receipt by the Administrative Agent not later than 11:00 a.m. New York time
on the number of Business Days specified above prior to the relevant date of Conversion or Continuation. In the event that the Company fails to select the Type of Loan or the duration of any Interest Period for any LIBO Rate Loan, within the time
period specified above, such Loan (if outstanding as a LIBO Rate Loan) will be automatically Converted into a Base Rate Loan on the last day of the then current Interest Period for such Loan or (if outstanding as a Base Rate Loan) will remain as, or
(if not then outstanding) will be made as, a Base Rate Loan. 
 2.12. Extension of Commitment Termination Date.

 (a) Request for Extension. The Company may, by notice to the Administrative Agent (which shall
promptly notify the Lenders) not more than 60 days and not less than 30 days prior to each anniversary of the Effective Date (such anniversary date, the “Extension Date”), request (each, an “Extension Request”) that
the Lenders extend the Commitment Termination Date then in effect (the “Existing Commitment Termination Date”) for an additional one year. Each Lender, acting in its sole discretion, shall, by notice to the Company and the
Administrative Agent given not later than the 20th day (or
such later day as shall be acceptable by the Company) following the date of the Company’s notice, advise the Company and the Administrative Agent whether or not such Lender agrees to such extension; provided that any Lender that
does not so advise the Company shall be deemed to have denied such Extension Request. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree. 

(b) Replacement of Non-extending Lenders. The Company shall have the right at any time on or prior to the relevant Extension Date
to replace any non-extending Lender with, and otherwise add to this Agreement, one or more other lenders (which may include any Lender) (each an “Additional Commitment Lender”) in each case with the consent of the Administrative
Agent and each Issuing Bank (such consent in each case not to be unreasonably withheld). Each 
  

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Additional Commitment Lender which has been so approved shall enter into an agreement in form and substance satisfactory to the Company and the Administrative Agent pursuant to which such
Additional Commitment Lender shall, effective as of the Extension Date, undertake a Commitment and (if not already a Lender under this Agreement) become a Lender hereunder (and, if such Additional Commitment Lender is already a Lender, agree to
increase its Commitment hereunder) in the agreed amount as long as each non-extending Lender being replaced is paid in full. 

(c) Effectiveness of Extension. If (and only if) the total of the Commitments of the Lenders that have agreed in connection with
any Extension Request to extend the Existing Commitment Termination Date and the additional Commitments of the Additional Commitment Lenders shall be at least 50% of the total Commitments in effect immediately prior to the Extension Date, then,
effective as of the Extension Date, the Commitment Termination Date, with respect to the Commitment of each Lender that has agreed to so extend its Commitment and of each Additional Commitment Lender shall be extended to the date falling one year
after the Existing Commitment Termination Date (or, if such date is not a Business Day, such Commitment Termination Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall thereupon become a
“Lender” for all purposes of this Agreement. 
 Notwithstanding the foregoing, the extension of the Existing
Commitment Termination Date shall not be effective with respect to any Lender unless as of the relevant Extension Date (i) no Default shall have occurred and be continuing and (ii) the representations and warranties of the Borrowers set
forth in Section 7 and in the other Credit Documents shall be true and complete on and as of such date with the same force and effect as if made on and as of such date (or, if any such representation or warranty is expressly stated to have been
made as of a specific date, as of such specific date) (and the Administrative Agent shall have received a certification to such effect from a financial officer of the Company, together with such evidence and other related documents as the
Administrative Agent may reasonably request with respect to the Obligors’ authorization of the extension and their respective obligation’s hereunder). 

Notwithstanding anything herein to the contrary, with respect to the Commitment of any Lender that has not approved any Extension
Request, the Commitment Termination Date shall remain unchanged. 
 SECTION 3. PAYMENTS OF PRINCIPAL AND INTEREST.

 3.01 Repayment of Loans. 

(a) Each Borrower hereby promises to pay to the Administrative Agent for account of each Lender the principal amount of each Committed
Loan made by such Lender to such Borrower in the Currency of such Committed Loan, and each Committed Loan shall mature, on the Commitment Termination Date. 

(b) Each Borrower hereby promises to pay to the Administrative Agent for account of each Lender the principal amount of each Competitive
Loan made by such Lender to such Borrower in the Currency of such Competitive Loan, and each Competitive Loan shall mature, on the last day of the Interest Period therefor. 

 

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 (c) The Company hereby promises to pay to each Issuing Bank the amounts as expressly
provided in Section 2.04. 
 3.02 Interest. 

(a) Each Borrower hereby promises to pay to the Administrative Agent for account of each Lender interest on the unpaid principal amount of
each Loan made by such Lender to such Borrower, in the Currency of such Loan, for the period commencing on the date of such Loan to but excluding the date such Loan shall be paid in full, at the following rates per annum: 

(i) during such period as such Loan is a Base Rate Loan, the Base Rate (as in effect from time to time) plus, for each Commitment
Utilization Day, the Additional Margin; 
 (ii) during such period as such Loan is a Committed LIBOR Loan, for each Interest
Period relating thereto, the Adjusted LIBO Rate for such Loan for such Interest Period plus the Applicable Margin plus, for each Commitment Utilization Day, the Additional Margin; 

(iii) if such Loan is a Competitive LIBOR Loan, the Adjusted LIBO Rate for such Loan for the Interest Period therefor plus (or minus) the
Margin quoted by the Lender making such Loan in accordance with Section 2.03; and 
 (iv) if such Loan is a Set Rate Loan,
the Competitive Bid Rate for such Loan for the Interest Period therefor quoted by the Lender making such Loan in accordance with Section 2.03. 

Notwithstanding the foregoing, each Borrower hereby promises to pay to the Administrative Agent for account of each Lender interest at the applicable
Post-Default Rate on any principal of any Loan made by such Lender to such Borrower, and (to the fullest extent permitted by law) on any other amount payable by such Borrower hereunder or under the Note of such Borrower held by such Lender to or for
account of such Lender, which shall not be paid in full when due (whether at stated maturity, by acceleration or otherwise), for the period commencing on the due date thereof until the same is paid in full. 

(b) Accrued interest on each Loan shall be payable (i) (in the case of a Base Rate Loan) quarterly on the Quarterly Dates,
(ii) in the case of a LIBOR Rate Loan, on the last day of each Interest Period therefor and, if such Interest Period is longer than three months, at three-month intervals following the first day of such Interest Period and (iii) (in the
case of any Committed LIBOR Loan Converted into a Base Rate Loan pursuant to Section 2.11(b)) on the date of Conversion (but only on the principal amount so Converted), except that interest payable at the Post-Default Rate shall be payable from
time to time on demand. 
  

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 (c) Promptly after the determination of any Adjusted LIBO Rate provided for herein, the
Administrative Agent shall (i) notify the Lenders to which interest at such Adjusted LIBO Rate is payable and the Company thereof and (ii) at the request of the Company, furnish to the Company a copy of Page 3750 of the Telerate Service
(or such successor or substitute page of such Service, or any successor to or substitute for such service, providing rate quotations comparable to those currently provided on such page for such Service) on the basis of which the relevant LIBO Rate
was determined. At any time that the Administrative Agent determines the Adjusted LIBO Rate on a basis other than using Page 3750 of the Telerate Service, the Administrative Agent shall promptly notify the Company. 

3.03 Redenomination. Anything in Section 3.01 or 3.02 to the contrary notwithstanding, if any Borrower shall fail to pay any
principal or interest denominated in any Alternative Currency on the original due date therefor (without giving effect to any acceleration under Section 9), the amount so in default shall automatically be redenominated in Dollars on such
original due date therefor in an amount equal to the Dollar Equivalent therefor. 
 SECTION 4. PAYMENTS; PRO RATA TREATMENT;
COMPUTATIONS; ETC. 
 4.01 Payments. 

(a) Except to the extent otherwise provided herein, all payments of principal of and interest on Loans made in Dollars and all
reimbursement obligations in respect of Letters of Credit, and other amounts (other than the principal of and interest on Loans made in an Alternative Currency) payable by any Obligor under this Agreement and the Notes, shall be made in Dollars, and
all payments of principal of and interest on Loans made in an Alternative Currency shall (except as otherwise provided in Section 3.03) be made in such Alternative Currency, in immediately available funds, without deduction, set-off or
counterclaim, to the Administrative Agent’s Account for such Currency, for account of the Lenders, not later than 2:00 p.m. New York time (in the case of Loans denominated in Dollars) or 11:00 a.m. local time in the location of the
Administrative Agent’s Account (in the case of Loans denominated in an Alternative Currency), on the date on which such payment shall become due (each such payment made after such time on such due date to be deemed to have been made on the next
succeeding Business Day). 
 (b) If any Borrower shall default in the payment when due of any principal, interest or other
amounts to be made by such Borrower under this Agreement or the Notes, any Lender for whose account any such payment is to be made may (but shall not be obligated to) debit the amount of any such payment due such Lender which is not made by such
time to any ordinary deposit account of such Borrower with such Lender (with notice to the Company and the Administrative Agent). 

(c) The Company on its behalf and on behalf of any other Borrower shall, at the time of making each payment under this Agreement or any
Note for account of any Lender, specify to the Administrative Agent the Loans or other amounts payable by such Borrower hereunder to which such payment is to be applied (and in the event that the payor fails to so specify, or if an Event of Default
has occurred and is continuing, such Lender may apply such payment received by it from the Administrative Agent to such amounts then due and owing to such Lender as such Lender may determine). 

 

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 (d) Each payment received by the Administrative Agent under this Agreement or any Note for
account of any Lender shall be paid promptly to such Lender, in immediately available funds. 
 (e) If the due date of any
payment under this Agreement or any Note would otherwise fall on a day which is not a Business Day such date shall be extended to the next succeeding Business Day and interest shall be payable for any principal so extended for the period of such
extension. 
 4.02 Pro Rata Treatment. Except to the extent otherwise provided herein: (a) each borrowing from the
Lenders of Committed Loans under Section 2.01 shall be made from the Lenders, each payment of fees under Section 2.07 shall be made for account of the Lenders, and each reduction of the amount or termination of the Commitments under
Section 2.06 shall be applied to the Commitments of the Lenders, pro rata according to the amounts of their respective Commitments, and the Conversion or Continuation of Committed Loans of a particular Type (other than Conversions provided for
by Section 5.04) shall be made pro rata among the relevant Lenders according to their respective Commitments; (b) each payment of principal of Committed Loans by any Borrower shall be made for account of the Lenders pro rata in accordance
with the respective unpaid principal amounts of the Committed Loans held by the Lenders; and (c) each payment of interest on Committed Loans by any Borrower shall be made for account of the Lenders pro rata in accordance with the amounts of
interest due and payable to the respective Lenders; provided that, if an Event of Default shall have occurred and be continuing, each payment of principal of and interest on the Loans and other amounts owing hereunder by any Borrower shall be
made for account of the Lenders pro rata in accordance with the aggregate amounts of all principal of and interest on the Loans and all other amounts owing hereunder by such Borrower then due and payable to the respective Lenders. 

4.03 Computations. Interest on Loans and the fees payable pursuant to Section 2.07 shall be computed on the basis of a year
of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable; provided that interest on Base Rate Loans and Loans in Pounds Sterling shall be computed on the basis of a
year of 365 or 366 days, as the case may be, and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable. 

4.04 Non-Receipt of Funds by the Administrative Agent. 

Unless the Administrative Agent shall have been notified by a Lender, an Issuing Bank or the Company on behalf of any Borrower (each, a
“Payor”) prior to the time by, and on the date on, which such Payor is scheduled to make payment to the Administrative Agent of (in the case of a Lender or Issuing Bank) a payment to be made by it hereunder or (in the case of any
Borrower) a payment to the Administrative Agent for account of one or more of the Lenders or Issuing Banks hereunder (such payment being herein called the “Required Payment”), which notice shall be

  

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effective upon receipt, that it does not intend to make the Required Payment to the Administrative Agent, the Administrative Agent may assume that the Required Payment has been made and may, in
reliance upon such assumption (but shall not be required to), make the amount thereof available to the intended recipient(s) on such date; and, if the Payor has not in fact made the Required Payment to the Administrative Agent, the recipient(s) of
such payment shall, on demand, repay to the Administrative Agent the amount so made available together with interest thereon in respect of each day during the period commencing on the date such amount was so made available by the Administrative
Agent to but not including the date the Administrative Agent recovers such amount (the “Advance Period”) at a rate per annum equal to (a) if the recipient is a Borrower, the Base Rate in effect on such day and (b) if the
recipient is a Lender or Issuing Bank, the Federal Funds Rate in effect on such day; and, if such recipient(s) shall fail promptly to make such payment, the Administrative Agent shall be entitled to recover such amount, on demand, from the Payor,
together with interest thereon for each day during the Advance Period at a rate per annum equal to (i) if the Payor is a Borrower, the rate of interest payable on the Required Payment as provided in the second sentence of Section 3.02(a)
and (ii) if the Payor is a Lender or Issuing Bank, during the period commencing on the date such amount was so made available to but excluding the date three Business Days following such date, the Federal Funds Rate in effect on such day and,
thereafter, the Base Rate in effect on such day. 
 4.05 Set-off; Sharing of Payments. 

(a) Each Obligor agrees that, in addition to (and without limitation of) any right of set-off, bankers’ lien or counterclaim a Lender
may otherwise have, each Lender and each of its Affiliates shall be entitled, at its option, to offset balances held by it for account of such Obligor at any of its offices, in Dollars or in any other Currency, against any principal of or interest
on any of such Lender’s Loans or participations in LC Disbursements which is not paid when due (regardless of whether such balances are then due to such Obligor) in which case it shall promptly notify such Obligor (through notice to the
Company) and the Administrative Agent thereof, provided that such Lender’s failure to give such notice shall not affect the validity thereof. 

(b) If any Lender shall obtain payment of any principal of or interest on any Committed Loan or participations in LC Disbursements made
by it under this Agreement through the exercise of any right of set-off, bankers’ lien or counterclaim or similar right or otherwise, and, as a result of such payment, such Lender shall have received a greater percentage of the amounts then due
hereunder to such Lender in respect of Committed Loans or participations in LC Disbursements than the percentage received by any other Lenders, it shall promptly purchase from such other Lenders participations in (or, if and to the extent specified
by such Lender, direct interests in) the Committed Loans or participations in LC Disbursements made by such other Lenders (or in the interest thereon, as the case may be) in such amounts, and make such other adjustments from time to time as shall be
equitable, to the end that all the Lenders shall share the benefit of such excess payment (net of any expenses which may be incurred by such Lender in obtaining or preserving such excess payment) pro rata in accordance with the unpaid principal and
interest on the Committed Loans or participations in LC Disbursements held by each of the Lenders. To such end all the Lenders shall make appropriate adjustments among themselves (by the resale of participations sold or otherwise) if such payment

  

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is rescinded or must otherwise be restored. Each Obligor agrees that any Lender so purchasing a participation (or direct interest) in the Committed Loans or participations in LC Disbursements
made by other Lenders (or in the interest thereon, as the case may be) may exercise all rights of set-off, bankers’ lien, counterclaim or similar rights with respect to such participation as fully as if such Lender were a direct holder of Loans
or participations in LC Disbursements (or in the interest thereon, as the case may be) in the amount of such participation. Nothing contained herein shall require any Lender to exercise any such right or shall affect the right of any Lender to
exercise, and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of any Obligor. If under any applicable bankruptcy, insolvency or other similar law, any Lender receives a secured claim in lieu of
a set-off to which this Section 4.05 applies, such Lender shall, to the extent practicable, exercise its rights in respect of such secured claim in a manner consistent with the rights of the Lenders entitled under this Section 4.05 to
share in the benefits of any recovery on such secured claim. 
 SECTION 5. YIELD PROTECTION AND ILLEGALITY. 

5.01 Additional Costs. 

(a) Each Borrower shall pay directly to each Lender or Issuing Bank from time to time such amounts as such Lender or Issuing Bank may
determine to be necessary to compensate such Lender or Issuing Bank for any costs that such Lender or Issuing Bank determines are attributable to its making or maintaining of any LIBO Rate Loans or Set Rate Loans or its obligation to make any LIBO
Rate Loans hereunder or to participate in, issue or maintain any Letter of Credit, or any reduction in any amount receivable by such Lender hereunder in respect of any of such Loans, such Letters of Credit or such obligation (such increases in costs
and reductions in amounts receivable being herein called “Additional Costs”), resulting from any Regulatory Change that: 

(i) changes the basis of taxation of any amounts payable to such Lender or Issuing Bank under this Agreement or its Notes in respect of
any of such Loans or Letters of Credit (other than taxes imposed on or measured by the overall net income of such Lender or such Issuing Bank or of its Applicable Lending Office for any of such Loans or Letters of Credit by the jurisdiction in which
such Lender or Issuing Bank has its principal office or such Applicable Lending Office); or 
 (ii) imposes or modifies any
reserve, special deposit or similar requirements (other than the Reserve Requirement utilized in the determination of the Adjusted LIBO Rate for such Loan and Mandatory Costs utilized in the determination of the LIBO Rate for such Loan) relating to
any extensions of credit or other assets of, or any deposits with or other liabilities of, such Lender (including, without limitation, any of such Loans or any deposits referred to in the definition of “LIBO Rate” in Section 1.01), or
any commitment of such Lender (including, without limitation, the Commitment of such Lender hereunder); or 
 (iii) imposes any
other condition affecting this Agreement or its Notes (or any of such extensions of credit or liabilities) or its Commitment. 
  

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 If any Lender requests compensation from any Borrower under this Section 5.01(a), the Company may, by
notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender thereafter to make or Continue LIBO Rate Loans or to Convert Base Rate Loans into LIBO Rate Loans, until the Regulatory Change giving rise to such
request ceases to be in effect (in which case the provisions of Section 5.04 shall be applicable), provided that such suspension shall not affect the right of such Lender to receive the compensation so requested. 

(b) Without limiting the effect of the foregoing provisions of this Section 5.01 (but without duplication), if any Lender or Issuing
Bank determines that any Regulatory Change regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s or Issuing Bank’s capital or on the capital of such Lender’s or Issuing Bank’s
holding company, if any, as a consequence of this Agreement or the Loans made by such Lender or the Letters of Credit issued by such Issuing Bank to a level below that which such Lender or Issuing Bank or such Lender’s or Issuing Bank’s
holding company could have achieved but for such Regulatory Change (taking into consideration such Lender’s or Issuing Bank’s policies and the policies of such Lender’s or Issuing Bank’s holding company with respect to capital
adequacy), then from time to time the Company will pay to such Lender or Issuing Bank such additional amount or amounts as will compensate such Lender or Issuing Bank or such Lender’s or Issuing Bank’s holding company for any such
reduction suffered. 
 (c) Each Lender or Issuing Bank shall notify the Company of any event occurring after the date hereof
entitling such Lender or Issuing Bank to compensation under paragraph (a) or (b) of this Section 5.01 as promptly as practicable, but in any event within 45 days, after such Lender or Issuing Bank obtains actual knowledge thereof. If
any Lender or Issuing Bank fails to give such notice within 45 days after it obtains actual knowledge of such an event, such Lender or Issuing Bank shall, with respect to compensation payable pursuant to this Section 5.01 in respect of any
costs resulting from such event, only be entitled to payment under this Section 5.01 for costs incurred from and after the date 45 days prior to the date that such Lender or Issuing Bank does give such notice. Each Lender or Issuing Bank will
furnish to the Company a certificate setting forth the basis and amount of each request by such Lender or Issuing Bank for compensation under paragraph (a) or (b) of this Section 5.01. Determinations and allocations by any Lender or
Issuing Bank for purposes of this Section 5.01 of the effect of any Regulatory Change pursuant to paragraph (a) of this Section 5.01, or of the effect of capital maintained pursuant to paragraph (b) of this Section 5.01, on
its costs or rate of return of maintaining Loans or Letters of Credit or its obligation to make Loans or issue Letters of Credit, or on amounts receivable by it in respect of Loans or Letters of Credit, and of the amounts required to compensate such
Lender or Issuing Bank under this Section 5.01, shall be conclusive absent manifest error, provided that such determinations and allocations are made on a reasonable basis. 

(d) Each Lender or Issuing Bank will designate a different Applicable Lending Office for the Loans or Letters of Credit of such Lender or
Issuing Bank, as the case may be, affected by any event specified in paragraphs (a) or (b) of this Section 5.01 or in Section 5.03 if such designation will avoid the need for, or reduce the amount of, such compensation or
suspension, as the case may be, and will not, in the sole opinion of such Lender or Issuing Bank, be disadvantageous to such Lender or Issuing Bank. 
  

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 5.02 Limitation on Types of Loans. 

Anything herein to the contrary notwithstanding: 

(a) if the LIBO Rate for any Currency is to be determined under the second paragraph of the definition of “LIBO Rate” and the
Administrative Agent determines (which determination shall be conclusive) that no quotation from any Reference Lender of interest rates for the relevant deposits referred to in such paragraph is being provided in the relevant amounts or for the
relevant maturities for purposes of determining rates of interest for LIBO Rate Loans as provided herein; or 
 (b) if the LIBO
Rate for any Currency is being determined under the second paragraph of the definition of “LIBO Rate” and the Majority Lenders determine (or any Lender that has outstanding a Competitive Bid with respect to a Competitive LIBOR Loan,
determines), which determination shall be conclusive, and notify (or notifies, as the case may be) the Administrative Agent that the relevant rates of interest referred to in the second paragraph of the definition of “LIBO Rate” do not
adequately cover the cost to such Lenders (or such quoting Lender) of making or maintaining its LIBO Rate Loans in such Currency; 
 then the
Administrative Agent shall give the Company and each Lender prompt notice thereof, and so long as such condition remains in effect, the Lenders (or such quoting Lender) shall be under no obligation to make additional LIBO Rate Loans in such
Currency, to Continue LIBO Rate Loans in such Currency or to Convert Loans of another Type or Currency into LIBO Rate Loans in such Currency. 

5.03 Illegality. Notwithstanding any other provision of this Agreement, in the event that it becomes unlawful for any Lender or
its Applicable Lending Office to honor its obligation to make or maintain LIBO Rate Loans hereunder in any Currency, then such Lender shall promptly notify the Company thereof (with a copy to the Administrative Agent) and such Lender’s
obligation to make or Continue, or Convert Base Rate Loans into, Committed LIBOR Loans in such Currency shall be suspended until such time as such Lender may again make and maintain Committed LIBOR Loans in such Currency (in which case the
provisions of Section 5.04 shall be applicable), and such Lender shall no longer be obligated to make any Competitive LIBOR Loan in such Currency that it has offered to make. 

5.04 Base Rate Loans Pursuant to Sections 5.01 and 5.03. If the obligation of any Lender to make, Continue, or to Convert Base
Rate Loans into, any LIBO Rate Loans in Dollars shall be suspended pursuant to Section 5.01 or 5.03 (Loans of such type being herein called “Affected Loans” and such type being herein called the “Affected
Type”), all Loans in Dollars (other than Competitive Loans) which would otherwise be made by such Lender as Loans of the Affected Type shall be made instead as Base Rate Loans (and, if an event referred to in Section 5.03 has occurred
and such Lender so requests by notice to the Company with a copy to the Administrative Agent, all Affected Loans of such Lender then outstanding shall be 

 

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automatically Converted into Base Rate Loans on the date specified by such Lender in such notice) and, to the extent that Affected Loans are so made as (or Converted into) Base Rate Loans, all
payments of principal which would otherwise be applied to such Lender’s Affected Loans shall be applied instead to its Base Rate Loans. If such Lender gives notice to the Company with a copy to the Administrative Agent that the circumstances
specified in Section 5.01 or 5.03 that gave rise to the Conversion of such Lender’s Affected Loans pursuant to this Section 5.04 no longer exist (which such Lender agrees to do promptly upon such circumstances ceasing to exist) at a
time when Loans of the Affected Type made by other Lenders are outstanding, such Lender’s Base Loans shall be automatically Converted, on the first day(s) of the next succeeding Interest Period(s) for such outstanding loans of the Affected
Type, to the extent necessary so that, after giving effect thereto, all Committed Loans held by the Lenders holding Loans of the Affected Type and by such Lender are held pro rata (as to principal amounts, Types and Interest Periods) in accordance
with their respective Commitments. 
 5.05 Compensation. Each Borrower shall pay to the Administrative Agent for account
of each Lender, upon the request of such Lender through the Administrative Agent, such amount or amounts as shall be sufficient (in the reasonable opinion of such Lender) to compensate it for any loss, cost or expense which such Lender determines
are attributable to: 
 (a) any payment, prepayment or Conversion of a LIBO Rate Loan or a Set Rate Loan made by such Lender for
any reason (including, without limitation, the acceleration of the Loans pursuant to Section 9) on a date other than the last day of the Interest Period for such Loan; or 

(b) any failure by such Borrower for any reason (excluding only failure due solely to a default by any Lender or the
Administrative Agent in its obligation to provide funds to such Borrower hereunder but including, without limitation, the failure of any of the conditions precedent specified in Section 6 to be satisfied) to borrow a LIBO Rate Loan or a Set
Rate Loan from such Lender on the date for such borrowing specified in the relevant notice of borrowing given pursuant to Section 2.02 or 2.03(b). 

Without limiting the effect of the preceding sentence, such compensation shall include, in the case of a Loan, an amount equal to the excess, if any, of
(i) the amount of interest which otherwise would have accrued on the principal amount so paid, prepaid or Converted or not borrowed for the period from the date of such payment, prepayment, Conversion or failure to borrow to the last day of the
Interest Period for such Loan (or, in the case of a failure to borrow, the Interest Period for such Loan which would have commenced on the date specified for such borrowing) at the applicable rate of interest for such Loan provided for herein over
(ii) the interest component of the amount such Lender would have bid in the London interbank market for deposits in the applicable Currency of leading banks (if such Loan is a LIBO Rate Loan) or in the United States certificate of deposit
market for issuance at face value of certificates of deposit for Dollar deposits (if such Loan is a Set Rate Loan) in amounts comparable to such principal amount and with maturities comparable to such period (as reasonably determined by such
Lender). 
  

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 5.06 Taxes. 

(a) Each Approved Designated Borrower agrees to pay to each Lender and Issuing Bank such additional amounts as are necessary in order that
the net payment of any amount due to such Lender or Issuing Bank hereunder after deduction for or withholding in respect of any Taxes imposed with respect to such payment will not be less than the amount stated herein to be then due and payable,
provided that the foregoing obligation to pay such additional amounts shall not apply: 
 (i) to any payment to any Lender
hereunder unless such Lender is, on the date such Borrower became a Borrower hereunder (which, in the case of the Company, means the date hereof and, in the case of any other Approved Designated Borrower, means the date of the Designation Letter of
such Approved Designated Borrower) or (if later) on the date such Lender becomes a Lender hereunder as provided in Section 12.05(b) and on the date of any change in the Applicable Lending Office of such Lender, entitled to a complete exemption
from withholding or deduction by such Approved Designated Borrower of Taxes on all interest to be received by such Lender hereunder in respect of the Loans made by such Lender to such Approved Designated Borrower, or 

(ii) to any such Taxes required to be deducted or withheld solely by reason of the failure of such Lender or Issuing Bank to comply with
applicable certification, information, documentation or other reporting requirements concerning the nationality, residence, identity or connections with such Borrower’s Jurisdiction if such compliance is required by treaty, statute or
regulation as a precondition to relief or exemption from such Taxes. 
 For the purposes of this Section 5.06(a), the term
“Taxes” shall mean with respect to any Approved Designated Borrower all present and future income, stamp, registration and other taxes and levies, imposts, deductions, charges, compulsory loans and withholdings whatsoever, and all
interest, penalties or similar amounts with respect thereto, now or hereafter imposed, assessed, levied or collected by such Approved Designated Borrower’s Jurisdiction on or in respect of the Credit Documents, the principal of and interest on
the Loans and any other amounts payable under any of the Credit Documents, the recording, registration, notarization or other formalization of any thereof, the enforcement thereof or the introduction thereof in any judicial proceedings, or on or in
respect of any payments of principal, interest, premium, charges, fees or other amounts made on, under or in respect of any thereof (excluding, however, income or franchise taxes imposed on or measured by the overall net income or capital of a
Lender (or its Applicable Lending Office) by such Approved Designated Borrower’s Jurisdiction as a result of such Lender being organized under the laws of or resident in such Approved Designated Borrower’s Jurisdiction or of its Applicable
Lending Office being located or carrying on business in such Approved Designated Borrower’s Jurisdiction). 
 (b) Within 30
days after paying any amount to the Administrative Agent or any Lender or Issuing Bank from which it is required by law to make any deduction or withholding, and within 30 days after it is required by law to remit such deduction or withholding to
any relevant taxing or other authority, the relevant Borrower shall deliver to the Administrative Agent for delivery to such Lender or Issuing Bank evidence satisfactory to such Lender or Issuing Bank of such deduction, withholding or payment (as
the case may be). 
  

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 5.07 Replacement of Lenders. If any Lender requests compensation pursuant to
Section 5.01 or 5.06, or any Lender’s obligation to make Loans of any Type or denominated in any Currency shall be suspended pursuant to Section 5.01 (any such Lender requesting such compensation, or whose obligations are so
suspended, being herein called a “Requesting Lender”), the Company, upon three Business Days’ notice to the Administrative Agent given when no Default shall have occurred and be continuing, may require that such Requesting
Lender transfer all of its right, title and interest under this Agreement to any bank or other financial institution or entity identified by the Company that is satisfactory to the Administrative Agent (a) if such bank or other financial
institution or entity (a “Proposed Lender”) agrees to assume all of the obligations of such Requesting Lender hereunder, and to purchase all of such Requesting Lender’s Loans and participations in LC Disbursements hereunder for
consideration equal to the aggregate outstanding principal amount of such Requesting Lender’s Loans and participations in LC Disbursements, together with interest thereon to the date of such purchase, and satisfactory arrangements are made for
payment to such Requesting Lender of all other amounts payable hereunder to such Requesting Lender on or prior to the date of such transfer (including any fees accrued hereunder and any amounts that would be payable under Section 5.05 as if all
of such Requesting Lender’s Loans and participations in LC Disbursements were being prepaid in full on such date) and (b) if such Requesting Lender has requested compensation pursuant to Section 5.01 or 5.06, such Proposed
Lender’s aggregate requested compensation, if any, pursuant to said Section 5.01 or 5.06 with respect to such Requesting Lender’s Loans and participations in LC Disbursements is lower than that of the Requesting Lender. Subject to the
provisions of Section 12.05(b), such Proposed Lender shall be a “Lender” for all purposes hereunder. Without prejudice to the survival of any other agreement of the Company hereunder the agreements of the Company contained in Sections
5.01, 5.06 and 12.03 (without duplication of any payments made to such Requesting Lender by the Company or the Proposed Lender) shall survive for the benefit of such Requesting Lender under this Section 5.07 with respect to the time prior to
such replacement. 
 SECTION 6. CONDITIONS PRECEDENT. 

6.01 Effective Date. 

The obligations of the Lenders to make Loans and of each Issuing Bank to issue Letters of Credit hereunder shall not become effective
until the date on which each of the following conditions is satisfied (or waived pursuant to Section 12.04): 
 (a) The
Administrative Agent shall have received each of the following documents (with sufficient copies for each Lender), each of which shall be satisfactory to the Administrative Agent (and to the extent specified below, to each Lender) in form and
substance: 
  

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 (i) A counterpart of this Agreement signed on behalf of each party hereto or
written evidence satisfactory to the Administrative Agent that such party has signed a counterpart of this Agreement. 

(ii) Certified copies of the charter and by-laws of, and all corporate action taken by, the Company approving this
Agreement and the Notes (if any) to be made by the Company, borrowings by the Company and the guarantee of the Company set forth in Section 11 (including, without limitation, a certificate setting forth the resolutions of the Board of Directors
of the Company adopted in respect of the transactions contemplated hereby). 
 (iii) A certificate of the Company
in respect of each of the officers (1) who is authorized to sign this Agreement, the Notes, Competitive Bid Requests, Designation Letters and Termination Letters, together with specimen signatures, and (2) who will, until replaced by
another officer or officers duly authorized for that purpose, act as its representative for the purposes of signing documents and giving notices and other communications in connection herewith and with the Notes and the transactions contemplated
hereby and thereby. The Administrative Agent and each Lender may conclusively rely on such certificate until they receive notice in writing from the Company to the contrary. 

(iv) An opinion dated the Effective Date of Schiff Hardin LLP, special Illinois counsel to the Company, substantially in
the form of Exhibit A-1 hereto (and the Company hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative Agent); and an opinion dated the Effective Date of Dale L. Matschullat, Vice-President - General Counsel to
the Company, substantially in the form of Exhibit A-2 hereto (and the Company hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative Agent). 

(v) An opinion dated the Effective Date of Milbank, Tweed, Hadley & McCloy LLP, special New York counsel to the
Administrative Agent, substantially in the form of Exhibit B hereto. 
 (b) The Lenders and the Administrative Agent shall have
received all fees and other amounts as the Company shall have agreed to pay in connection herewith. 
 (c) The Administrative
Agent shall have received evidence that (i) all commitments under the Company’s Five-Year Credit Agreement dated as of June 14, 2002 (as amended) have terminated and (ii) all principal, interest, fees and other amounts payable
thereunder that are accrued to the Effective Date and/or unpaid have been paid in full. 
 The Administrative Agent shall notify the Company and
the Lenders of the Effective Date, and such notice shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the Lenders to make Loans and of each Issuing Bank to issue Letters of Credit hereunder shall not become effective
unless each of the foregoing conditions is satisfied (or waived pursuant to Section 12.04) at or prior to 3:00 p.m., New York City time, on November 30, 2005 (and, in the event such conditions are not so satisfied or waived, the
Commitments shall terminate at such time). 
  

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 6.02 Initial and Subsequent Credit Extensions. 

The obligation of any Lender to make any Credit Extension hereunder (including, without limitation, the initial Credit Extension
hereunder) is subject to the further conditions precedent that, as of the date of such Credit Extension and after giving effect thereto and the intended use thereof: 

(a) no Default shall have occurred and be continuing; and 

(b) the representations and warranties made by the Company (and, if such Credit Extension involves any other Borrower, by such Borrower)
in Section 7 (other than Sections 7.02(c) and 7.03, except if such Credit Extension is made on the Effective Date) shall be true on and as of the date of such Credit Extension with the same force and effect as if made on and as of such date
(or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such specific date). 
 Each
notice of borrowing by the Company hereunder (whether on its own behalf or on behalf of any other Borrower) and the issuance, amendment, renewal or extension of any Letter of Credit shall constitute a certification by the Company to the effect set
forth in the preceding sentence (both as of the date of such notice and, unless the Company otherwise notifies the Administrative Agent prior to the date of such Credit Extension, as of the date of such Credit Extension). 

SECTION 7. REPRESENTATIONS AND WARRANTIES. The Company and (with respect only to Sections 7.01, 7.04, 7.05, 7.06 and 7.16) each
Designated Borrower represent and warrant to the Lenders that: 
 7.01 Corporate Existence. 

Each of the Company and its Significant Subsidiaries and each Designated Borrower: (a) is a corporation duly organized and validly
existing under the laws of the jurisdiction of its incorporation; (b) has all requisite corporate power, and has all material governmental licenses, authorizations, consents and approvals, necessary to own its assets and carry on its business
as now being or as proposed to be conducted; and (c) is qualified to do business in all jurisdictions in which the nature of the business conducted by it makes such qualification necessary except where failure so to qualify would not have a
Material Adverse Effect. 
 7.02 Financial Condition. 

(a) The consolidated balance sheets of the Company and its Subsidiaries as of December 31, 2003 and December 31, 2004 and the
related consolidated statements of income, cash flows and stockholders’ equity of the Company and its Subsidiaries for the fiscal years ended on said dates, with the opinion thereon of Ernst & Young LLP, heretofore furnished to

  

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each of the Lenders, are complete and correct and fairly present the consolidated financial condition of the Company and its Subsidiaries as at said dates and the consolidated results of their
operations for the fiscal year ended on said dates, all in accordance with generally accepted accounting principles. Neither the Company nor any of its Subsidiaries had on said dates any material contingent liabilities, material liabilities for
taxes, material unusual forward or long-term commitments or material unrealized or anticipated losses from any unfavorable commitments, except as referred to or reflected or provided for in said balance sheet as at said dates. 

(b) The consolidated balance sheets of the Company and its Subsidiaries as of June 30, 2005 and the related consolidated statements
of income, cash flows and stockholders’ equity of the Company and its Subsidiaries for the six-month period ended on said date, heretofore furnished to each of the Lenders, are complete and correct and fairly present the consolidated financial
condition of the Company and its Subsidiaries as at said date and the consolidated results of their operations for the six-month period ended on said date, all in accordance with generally accepted accounting principles. Neither the Company nor any
of its Subsidiaries had on said date any material contingent liabilities, material liabilities for taxes, material unusual forward or long-term commitments or material unrealized or anticipated losses from any unfavorable commitments, except as
referred to or reflected or provided for in said balance sheet as at said date. 
 (c) Since December 31, 2004, there has
been no material adverse change in the consolidated financial condition, operations, business or prospects of the Company and its Subsidiaries (taken as a whole). 

7.03 Litigation. 

There are no legal or arbitral proceedings or any proceedings or investigations by or before any governmental or regulatory authority or
agency, now pending or (to the knowledge of the Company) threatened against the Company or any of its Subsidiaries which could reasonably be expected to have a Material Adverse Effect. 

7.04 No Breach. 

The making or performance of this Agreement or the Notes, and the consummation of the transactions herein contemplated, will not conflict
with or result in a breach of, or require any consent under, the charter or by-laws of the Company and each other Borrower or any applicable law or regulation, or any order, writ, injunction or decree of any court or governmental authority or
agency, or any agreement or instrument to which the Company or any of its Subsidiaries is a party or by which any of them is bound or to which any of them is subject, or constitute a default under any such agreement or instrument, or constitute a
tortious interference with any agreement, or result in the creation or imposition of any Lien upon any of the revenues or assets of the Company or any of its Subsidiaries pursuant to the terms of any such agreement or instrument. 

 

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 7.05 Corporate Action. 

Each Borrower has all necessary corporate power and authority to make and perform its obligations under this Agreement and the Notes; the
making and performance of this Agreement and the Notes by each Borrower have been duly authorized by all necessary corporate action on the part of such Borrower; and this Agreement has been duly and validly executed and delivered by the Company and
constitutes, and each of the Notes of any Borrower when executed and delivered by such Borrower for value will constitute, the legal, valid and binding obligation of the respective Borrower, enforceable in accordance with their respective terms,
except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency or other similar laws affecting the enforcement of creditors’ rights generally. 

7.06 Approvals. 

No authorizations, approvals or consents of, and no filings or registrations with, any governmental or regulatory authority or agency are
necessary for the execution, delivery or performance by each Borrower of this Agreement or the Notes of such Borrower or for the validity or enforceability of any thereof. 

7.07 Use of Credit. 

Neither the Company nor any of its Subsidiaries is engaged principally, or as one of its important activities, in the business of
extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying margin stock (within the meaning of Regulation U or X of the Board of Governors of the Federal Reserve System), and no part of the proceeds of any
Credit Extension hereunder will be used in a manner that will cause any Borrower to violate said Regulation X or any Lender to violate said Regulation U. 

7.08 ERISA. 

Each of the Company and each ERISA Affiliate has fulfilled its obligations under the minimum funding standards of ERISA and the Code with
respect to each of its Plans and is (and to the best of its knowledge in the case of any Multiemployer Plan is) in compliance with the currently applicable provisions of ERISA and the Code, and has not incurred any liability on account of the
termination of any of its Plans to the PBGC or any of its Plans and has not incurred any withdrawal liability to any Multiemployer Plan, in each case except to the extent failure to do so would not reasonably be expected to have a Material Adverse
Effect. 
 7.09 Investment Company Act; Public Utility Holding Company Act. 

Neither the Company nor any of its Subsidiaries is (a) an “investment company” as defined in, or subject to regulation
under, the Investment Company Act of 1940 or (b) a “holding company” as defined in, or subject to regulation under, the Public Utility Holding Company Act of 1935. 

 

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 7.10 Credit Agreements. 

Schedule I hereto is a complete and correct list, as of the date hereof, of each credit agreement, loan agreement, indenture, purchase
agreement, Guarantee or other arrangement (other than a letter of credit) providing for or otherwise relating to any extension of credit (or commitment for any extension of credit) to, or Guarantee by, the Company or any of its Subsidiaries the
aggregate principal or face amount of which equals or exceeds (or may equal or exceed) $5,000,000 and the aggregate principal or face amount outstanding or which may become outstanding under each such arrangement is correctly described (as of
September 30, 2005) in said Schedule I. 
 7.11 Hazardous Materials. 

The Company and each of its Subsidiaries have obtained all permits, licenses and other authorizations that are required under all
Environmental Laws, except to the extent failure to have any such permit, license or authorization would not have a Material Adverse Effect. The Company and each of its Subsidiaries are in compliance with the terms and conditions of all such
permits, licenses and authorizations, and are also in compliance with all other limitations, restrictions, conditions, standards, prohibitions, requirements, obligations, schedules and timetables contained in any applicable Environmental Law or in
any regulation, code, plan, order, decree, judgment, injunction, notice or demand letter issued, entered, promulgated or approved thereunder, except to the extent failure to comply would not have a Material Adverse Effect. Except as heretofore
disclosed to the Lenders, there have been no environmental investigations, studies, audits, tests, reviews or other analyses conducted by or that are in the possession of the Company or any of its Subsidiaries with respect to any property or
facility now or previously owned or leased by the Company or any of its Environmental Affiliates which reveal facts or circumstances that could reasonably be expected to have a Material Adverse Effect. 

7.12 Taxes. 

The Company and its Subsidiaries are members of an affiliated group of corporations filing consolidated returns for Federal income tax
purposes, of which the Company is the “common parent” (within the meaning of Section 1504 of the Code) of such group. The Company and its Subsidiaries have filed all Federal income tax returns and all other material tax returns and
information statements that are required to be filed by them and have paid all taxes due pursuant to such returns or pursuant to any assessment received by the Company or any of its Subsidiaries. The charges, accruals and reserves on the books of
the Company and its Subsidiaries in respect of taxes and other governmental charges are, in the opinion of the Company, adequate. The United States Federal income tax returns of the Company and its Subsidiaries have been examined and/or closed
through the fiscal years of the Company and its Subsidiaries ended on or before December 31, 2002. The Company has not given or been requested to give a waiver of the statute of limitations relating to the payment of Federal, state, local and
foreign taxes or other impositions. 
  

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 7.13 True and Complete Disclosure. 

The information, reports, financial statements, exhibits and schedules furnished in writing by or on behalf of the Company to the Lenders
in connection with the negotiation, preparation or delivery of this Agreement or included herein or delivered pursuant hereto, when taken as a whole do not contain any untrue statement of material fact or omit to state any material fact necessary to
make the statements herein or therein, in light of the circumstances under which they are made, not misleading. All written information furnished after the date hereof by the Company and its Subsidiaries to the Lenders in connection with this
Agreement and the transactions contemplated hereby will be true, complete and accurate in every material respect, or (in the case of projections) based on reasonable estimates, on the date as of which such information is stated or certified. There
is no fact known to the Company that could reasonably be expected to have a Material Adverse Effect that has not been disclosed herein or in a report, financial statement, exhibit, schedule, disclosure letter or other writing furnished to the
Lenders for use in connection with the transactions contemplated hereby. 
 7.14 Subsidiaries. 

As of the date hereof, each of the Company and its Subsidiaries (as disclosed in the periodic reports which the Company has filed with the
Securities and Exchange Commission) owns, free and clear of Liens, and has the unencumbered right to vote all of its outstanding ownership interests in, each Subsidiary held by it and all of the issued and outstanding capital stock of each such
Person is validly issued, fully paid and nonassessable. 
 7.15 Compliance with Law. 

As of the date hereof, the Company and its Subsidiaries are in compliance with all applicable laws and regulations, except to the extent
that failure to comply therewith would not have a Material Adverse Effect. 
 7.16 Designated Borrower Approvals.

 No authorizations, approvals or consents of, and no filings or registrations with, any governmental or regulatory authority or
agency that have not been obtained by the time any Subsidiary of the Company becomes a Designated Borrower are necessary for the execution, delivery or performance by such Designated Borrower of the Designation Letter of such Designated Borrower,
this Agreement or the Notes of such Designated Borrower or for the validity or enforceability of any thereof or for the borrowing by such Designated Borrower hereunder. 

SECTION 8. COVENANTS OF THE COMPANY. The Company agrees that, so long as any of the Commitments are in effect and until payment in
full of all Loans hereunder, all interest thereon and all other amounts payable by each Borrower hereunder and the termination or expiration of all Letters of Credit hereunder and the reimbursement of all LC Disbursements: 

 

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 8.01 Financial Statements. 

The Company shall furnish to each of the Lenders: 

(a) as soon as available and in any event within 60 days after the end of each of the fiscal quarterly periods of each fiscal year of the
Company, consolidated statements of income, cash flows and stockholders’ equity of the Company and its Subsidiaries for such period and for the period from the beginning of the respective fiscal year to the end of such period, and the related
consolidated balance sheet as at the end of such period, setting forth in each case in comparative form the corresponding figures for the corresponding period in the preceding fiscal year, and accompanied by a certificate of a senior financial
officer of the Company, which certificate shall state that said financial statements fairly present the consolidated financial condition and results of operations of the Company and its Subsidiaries, in accordance with generally accepted accounting
principles, as at the end of (and for) such period (subject to normal year-end audit adjustments). 
 (b) as soon as available
and in any event within 90 days after the end of each fiscal year of the Company, consolidated statements of income, cash flows and stockholders’ equity of the Company and its Subsidiaries for such year and the related consolidated balance
sheet as at the end of such year, setting forth in each case in comparative form the corresponding figures for the preceding fiscal year, and accompanied by an opinion thereon of independent certified public accountants of recognized national
standing, which opinion shall state that said financial statements fairly present the consolidated financial condition and results of operations of the Company and its Subsidiaries, in accordance with generally accepted accounting principles, as at
the end of (and for) such fiscal year, and a certificate of such accountants stating that, in making the examination necessary for their opinion, they obtained no knowledge, except as specifically stated, of any Event of Default under Sections 8.10
and 8.11. 
 (c) promptly upon their becoming available, copies of all registration statements and regular periodic reports, if
any, which the Company shall have filed with the Securities and Exchange Commission (or any governmental agency substituted therefor) or any national securities exchange. 

(d) promptly upon the mailing thereof to the shareholders of the Company generally, copies of all financial statements, reports and proxy
statements so mailed. 
 (e) as soon as possible, and in any event within 30 days after the Company knows or has reason to know
that any of the events or conditions specified below with respect to any Plan or Multiemployer Plan of the Company have occurred or exist, a statement signed by a senior financial officer of the Company setting forth details respecting such event or
condition and the action, if any, which the Company or any ERISA Affiliate proposes to take with respect thereto (and a copy of any report or notice required to be filed with or given to PBGC by the Company or such ERISA Affiliate with respect to
such event or condition): 
  

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 (i) any reportable event, as defined in Section 4043(b) of ERISA and
the regulations issued thereunder, with respect to a Plan, as to which PBGC has not by regulation waived the requirement of Section 4043(a) of ERISA that it be notified within 30 days of the occurrence of such event (provided that a
failure to meet the minimum funding standard of Section 412 of the Code or Section 302 of ERISA by more than $5,000,000 shall be a reportable event regardless of the issuance of any waivers in accordance with Section 412(d) of the
Code); 
 (ii) the filing under Section 4041 of ERISA of a notice of intent to terminate any Plan or the
termination of any Plan if at the date of such filing or termination the fair market value of the assets of such Plan, as determined by the Plan’s independent actuaries, is exceeded by the present value as determined by such actuaries as of
such date, of benefit commitments under such Plan by more than $5,000,000 (including any prior terminations subject to this provision); 

(iii) the institution by PBGC of proceedings under Section 4042 of ERISA for the termination of, or the appointment
of a trustee to administer, any Plan of the Company, or the receipt by the Company or any ERISA Affiliate of a notice from a Multiemployer Plan that such action has been taken by PBGC with respect to such Multiemployer Plan and such action would
reasonably be expected to result in liability to the Company in excess of $5,000,000; 
 (iv) the complete or
partial withdrawal by the Company or any ERISA Affiliate under Section 4201 or 4204 of ERISA from a Multiemployer Plan causing any withdrawal liability in excess of $5,000,000 (including any prior withdrawals subject to this provision), or the
receipt by the Company or any ERISA Affiliate of notice from a Multiemployer Plan that it is in reorganization or insolvency pursuant to Section 4241 or 4245 of ERISA or that it intends to terminate or has terminated under Section 4041A of
ERISA; and 
 (v) the institution of a proceeding by a fiduciary of any Multiemployer Plan against the Company or
any ERISA Affiliate to enforce Section 515 of ERISA, which proceeding is not dismissed within 30 days. 
 (f) promptly after
the Company knows or has reason to know that any Default has occurred, a notice of such Default, describing the same in reasonable detail. 

(g) from time to time such other information regarding the business, affairs or financial condition of the Company or any of its
Subsidiaries (including, without limitation, any Plan or Multiemployer Plan and any reports or other information required to be filed under ERISA) as any Lender or the Administrative Agent may reasonably request. 

The Company will furnish to each Lender, at the time it furnishes each set of financial statements pursuant to paragraph (a) or (b) above, a
certificate of a senior financial officer of the Company (i) to the effect that no Default has occurred and is continuing (or, if any Default has occurred and is continuing, describing the same in reasonable detail) and (ii) setting forth
in reasonable detail the computations necessary to determine whether the Company is in compliance with Sections 8.06, 8.07(a)(vi), 8.08(xiii), 8.10 and 8.11 as of the end of the respective fiscal quarter or fiscal year. 

 

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 Notwithstanding the foregoing, the Company’s obligations to deliver documents or information required
under any of clauses (a), (b), (c) and (d) above shall be deemed to be satisfied upon (i) the relevant documents or information being publicly available on the Company’s website or other publicly available electronic medium (such
as EDGAR) within the time period required by such clause and thereafter being continuously so available and (ii) the delivery by the Company of notice to the Administrative Agent and each of the Lenders (which notice may be given electronically
(such as e-mail)) within the time period required by such clause that such documents or information are so available; provided that the Company shall deliver paper copies of any such documents or information to any Lender upon request of such
Lender through the Administrative Agent. 
 8.02 Litigation. The Company shall promptly furnish to each Lender notice of
all legal or arbitral proceedings, and of all proceedings before any governmental or regulatory authority or agency, instituted, or (to the knowledge of the Company) threatened, against the Company or any of its Subsidiaries which could reasonably
be expected to have a Material Adverse Effect. 
 8.03 Corporate Existence, Etc. The Company shall, and shall cause each
of its Significant Subsidiaries and each of the other Borrowers to: preserve and maintain its corporate existence and all its material rights, privileges and franchises (except as otherwise expressly permitted under Section 8.07); comply with
all Requirements of Law except to the extent that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect; pay and discharge all taxes, assessments and governmental charges or levies imposed
on it or on its income or profits or on any of its property prior to the date on which penalties attach thereto, except for any such tax, assessment, charge or levy the payment of which is being contested in good faith and by proper proceedings and
against which adequate reserves are being maintained; maintain all its properties used or useful in its business in good working order and condition, ordinary wear and tear excepted; keep proper books of record and account in which full, true and
correct entries are made of all material dealings and transactions in relations to its business and activities; and permit representatives of any Lender or the Administrative Agent, during normal business hours, to examine, copy and make extracts
from its books and records, to inspect its properties, and to discuss its business and affairs with its officers, all to the extent reasonably requested by such Lender or the Administrative Agent (as the case may be). 

8.04 Insurance. The Company shall, and shall cause each of its Subsidiaries to, keep insured by financially sound and reputable
insurers all property of a character usually insured by corporations engaged in the same or similar business similarly situated against loss or damage of the kinds and in the amounts customarily insured against by such corporations and carry such
other insurance as is usually carried by such corporations. 
 8.05 Use of Proceeds. The proceeds of the Credit
Extensions hereunder will be used solely for general corporate purposes, including (without limitation) commercial paper 

 

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back-up and acquisitions (each of which uses shall be in compliance with all applicable legal and regulatory requirements, including, without limitation, Regulations U and X of the Board of
Governors of the Federal Reserve System and the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the rules and regulations thereunder). The Company will not permit more than 25% of the value (as determined
by any reasonable method) of its assets, nor more than 25% of the value (as determined by any reasonable method) of the assets of the Company and its Subsidiaries, to be represented by margin stock (within the meaning of Regulation U of the Board of
Governors of the Federal Reserve System). 
 8.06 Indebtedness. The Company will not, nor will it permit any of its
Subsidiaries to, incur, assume or suffer to exist obligations in respect of standby and performance letters of credit (other than Letters of Credit issued hereunder) in an aggregate amount exceeding 5% of Total Consolidated Assets at any one time
outstanding. The Company will not permit any of its Subsidiaries to create, issue, incur or assume, or suffer to exist, any Indebtedness, except: 

(i) Indebtedness existing on the date hereof (including any Indebtedness incurred after the date hereof under any
instrument or agreement in effect on the date hereof), but not any renewals, extensions or refinancings of the same; 

(ii) Indebtedness owing to the Company and Indebtedness owing by any Subsidiary to another Subsidiary; 

(iii) Indebtedness of any Person that becomes a Subsidiary of the Company after the date hereof so long as such
Indebtedness exists at the time such Person becomes such a Subsidiary and was not incurred in anticipation thereof; 

(iv) Capital Lease Obligations in an aggregate amount not to exceed an amount equal to 5% of Total Consolidated Assets at
any one time outstanding; 
 (v) Indebtedness in respect of Credit Extensions under this Agreement; and

 (vi) additional Indebtedness in an aggregate amount not to exceed an amount equal to 15% of Total Consolidated
Assets at any one time outstanding. 
 8.07 Fundamental Changes. 

(a) The Company will not, and will not permit any of its Subsidiaries to, be a party to any merger or consolidation, and the Company will
not, and will not permit any of its Subsidiaries or operating divisions (whether now owned or existing or hereafter acquired or designated) to, (x) sell, assign, lease or otherwise dispose of all or substantially all of its Property whether now
owned or hereafter acquired or (y) sell, assign or otherwise dispose of any capital stock of any such Subsidiary, or permit any such Subsidiary to issue any capital stock, to any Person other than the Company or any of its Wholly-Owned
Subsidiaries if, after giving effect thereto, the Company does not own, directly or indirectly, a majority of the capital stock of such Subsidiary (“Controlling Stock Disposition”); provided that, so long as both before and
after giving effect thereto, no Default shall have occurred and be continuing: 
  

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 (i) the Company or any Subsidiary of the Company may be a party to any merger or
consolidation if it shall be the surviving corporation; 
 (ii) any such Subsidiary may be a party to any merger or consolidation
with another such Subsidiary (or with any Person that becomes another such Subsidiary as a result of such merger or consolidation); 

(iii) any such Subsidiary may merge into, and any such Subsidiary or operating division may transfer any Property to, the Company;

 (iv) any such Subsidiary or operating division may transfer any Property to another such Subsidiary or operating division (or
to any Person that becomes as part of such transfer another such Subsidiary or operating division); 
 (v) the Company, any such
Subsidiary or operating division may sell, assign, lease or otherwise dispose of any Non-Strategic Property; and 
 (vi) the
Company or any such Subsidiary or operating division may make sales, assignments and other dispositions of Property (including Controlling Stock Dispositions) and any such Subsidiary may become a party to a merger or consolidation (each such sale,
assignment, disposition, Controlling Stock Disposition, merger or consolidation, other than those described in clauses (i) through (v), a “Disposition”) if the aggregate book value of the Property that was the subject of such
Disposition, together with the aggregate book value of the Property that was the subject of all other Dispositions during the Disposition Period for such Disposition, would not exceed an amount equal to 15% of the Total Consolidated Assets
determined as of the last day of the most recently completed fiscal year for which a consolidated balance sheet of the Company has been furnished to the Lenders pursuant to Section 8.01. 

(b) Notwithstanding anything in clauses (i) through (vi) of Section 8.07(a) to the contrary, the Company will not, and
will not permit any of its Subsidiaries or operating divisions (whether now owned or existing or hereafter acquired or designated) to, sell, lease, assign, transfer or otherwise dispose of (whether in one transaction or in a series of transactions)
any of its Property (whether now owned or hereafter acquired) if such sale, assignment, lease or other disposition (whether in one transaction or in a series of transactions) shall have a Material Adverse Effect. 

8.08 Liens. The Company shall not, and shall not permit any of its Subsidiaries to, create, assume or suffer to exist any Lien
upon any of its property or assets, now owned or hereafter acquired, securing any Indebtedness or other obligation except: (i) Liens outstanding on the date hereof and listed in Schedule II hereto; (ii) Liens for taxes or other
governmental charges not yet delinquent; (iii) Liens in respect of Property acquired or constructed or improved by the Company or any such Subsidiary after the date hereof which Liens exist or are created at the time of acquisition or
completion of construction or improvement of such Property or within six months thereafter to secure Indebtedness assumed or incurred to finance all or any part of the purchase price or cost of construction or improvement of such Property, but any
such Lien shall cover only the Property so acquired or constructed and any improvements thereto (and any real 
  

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property on which such Property is located); (iv) Liens on Property of any corporation that becomes a Subsidiary of the Company after the date hereof, provided that such Liens are in
existence at the time such corporation becomes a Subsidiary of the Company and were not created in anticipation thereof; (v) Liens on Property acquired after the date hereof, provided that such Liens were in existence at the time such
Property was acquired and were not created in anticipation thereof; (vi) Liens imposed by law, such as mechanics’, materialmen’s, landlords’, warehousemen’s and carriers’ Liens, and other similar Liens, securing
obligations incurred in the ordinary course of business which are not past due for more than thirty days or which are being contested in good faith by appropriate proceedings and for which appropriate reserves have been established; (vii) Liens
under workmen’s compensation, unemployment insurance, social security or similar legislation; (viii) Liens, deposits, or pledges to secure the performance of bids, tenders, contracts (other than contracts for the payment of money), leases,
public or statutory obligations, surety, stay, appeal, indemnity, performance or other similar bonds, or other similar obligations arising in the ordinary course of business; (ix) judgment and other similar Liens arising in connection with
court proceedings, provided the execution or other enforcement of such Liens is effectively stayed and the claims secured thereby are being actively contested in good faith and by appropriate proceedings; (x) easements, rights-of-way,
restrictions and other similar encumbrances which, in the aggregate, do not materially interfere with the occupation, use and enjoyment by the Company or any such Subsidiary of the Property encumbered thereby in the normal course of its business or
materially impair the value of the Property subject thereto; (xi) Liens securing obligations of any such Subsidiary to the Company or another Subsidiary of the Company; (xii) Liens arising in connection with Permitted Securitizations; and
(xiii) other Liens securing Indebtedness or other obligations in an aggregate amount not exceeding 5% of Total Consolidated Assets. 

8.09 Lines of Businesses. Neither the Company nor any of its Subsidiaries shall engage to any significant extent in any line or
lines of business other than the lines of business in which they are engaged on the date hereof and any other line or lines of business directly related to the manufacture, distribution and/or sale of consumer or industrial products (collectively,
“Permitted Activities”). Notwithstanding the foregoing, the Company and its Subsidiaries may engage in other lines of business as a result of the acquisition of any Person primarily engaged in Permitted Activities so long as the
Company uses its best efforts to come into compliance with the first sentence of this Section 8.09 within a reasonable period of time after such acquisition. 

8.10 Total Indebtedness to Total Capital. The Company shall not permit the ratio of Total Indebtedness to Total Capital at any
time to be greater than 0.60 to 1; provided that (i) in calculating Total Capital, goodwill impairment charges taken pursuant to the Financial Accounting Standards Board shall be disregarded to the extent such charges do not exceed
$550,000,000 in the aggregate and (ii) in calculating such ratio, quarterly income preferred securities, quarterly income capital securities, monthly income preferred securities or other similar securities will be treated as part of “Total
Capital” and not “Total Indebtedness”. 
 8.11 Interest Coverage Ratio. 

The Company shall not permit the Interest Coverage Ratio as at the last day of any fiscal quarter to be less than 4.00 to 1.00.

  

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 8.12 Transactions with Affiliates The Company shall not, and shall not permit any of
its Subsidiaries to, sell, lease or otherwise transfer any property or assets to, or purchase, lease or otherwise acquire any property or assets from, or otherwise engage in any other transactions with, any of its Affiliates, except (a) at
prices and on terms and conditions not less favorable to the Company or such Subsidiary than could be obtained on an arm’s-length basis from unrelated third parties and (b) transactions between or among the Company and its Subsidiaries not
involving any other Affiliate. 
 SECTION 9. EVENTS OF DEFAULT. If one or more of the following events (herein called
“Events of Default”) shall occur and be continuing: 
 (a) Any Borrower shall default in the payment of any
principal of any Loan or any reimbursement obligation in respect of any LC Disbursement when and as the same shall become due and payable; or 

(b) Any Borrower shall default in the payment of any interest on any Loan or on any reimbursement obligation in respect of any LC
Disbursement or any fee or any other amount (other than an amount referred to in clause (a) of this Article) payable hereunder or under any other Credit Document, when and as the same shall become due and payable, and such failure shall
continue unremedied for a period of five days; or 
 (c) The Company or any of its Subsidiaries shall default in the payment when
due of any principal of or interest on any of its other Indebtedness aggregating $50,000,000 or more; or any event specified in any note, agreement, indenture or other document evidencing or relating to any Indebtedness aggregating $50,000,000 or
more shall occur if the effect of such event is to cause, or (with the giving of any notice or the lapse of time or both) to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, such
Indebtedness to become due prior to its stated maturity or to permit termination of the commitment to lend pursuant to any such instrument or agreement; or 

(d) Any representation, warranty or certification made or deemed made by the Company herein or in any Designation Letter or by the Company
in any certificate furnished to any Lender or the Administrative Agent pursuant to the provisions hereof or thereof, shall prove to have been false or misleading as of the time made or furnished in any material respect; or 

(e) The Company shall default in the performance of any of its obligations under Section 8.01(f) or 8.05 through 8.12; or the Company
shall default in the performance of any of its other obligations in this Agreement and such default shall continue unremedied for a period of 30 days after notice thereof to the Company by the Administrative Agent or any Lender (through the
Administrative Agent); or 
 (f) The Company or any of its Significant Subsidiaries shall admit in writing its inability to, or
be generally unable to, pay its debts as such debts become due; or 
  

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 (g) The Company or any of its Significant Subsidiaries shall (i) apply for or consent
to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself or of all or a substantial part of its property, (ii) make a general assignment for the benefit of its creditors, (iii) commence
a voluntary case under the Bankruptcy Code (as now or hereafter in effect), (iv) file a petition seeking to take advantage of any other law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment of debts,
(v) fail to controvert in a timely and appropriate manner, or acquiesce in writing to, any petition filed against it in an involuntary case under the Bankruptcy Code, or (vi) take any corporate action for the purpose of effecting any of
the foregoing; or 
 (h) A proceeding or case shall be commenced against the Company or any of its Significant Subsidiaries
without its application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts, (ii) the appointment of a trustee,
receiver, custodian, liquidator or the like of it or of all or any substantial part of its assets, or (iii) similar relief in respect of it under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or
adjustment of debts, and such proceeding or case shall continue undismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue unstayed and in effect, for a period of 60 days; or an order for
relief against it shall be entered in an involuntary case under the Bankruptcy Code; or 
 (i) A final judgment
or judgments for the payment of money in excess of $50,000,000 in the aggregate shall be rendered by a court or courts against the Company and/or any of its Subsidiaries and the same shall not be discharged (or provision shall not be made for such
discharge), or a stay of execution thereof shall not be procured, within 30 days from the date of entry thereof and the Company or the relevant Subsidiary shall not, within said period of 30 days, or such longer period during which execution of the
same shall have been stayed, appeal therefrom and cause the execution thereof to be stayed during such appeal; or 
 (j) An event
or condition specified in Section 8.01(e) shall occur or exist with respect to any Plan or Multiemployer Plan of the Company and, as a result of such event or condition, together with all other such events or conditions, the Company or any
ERISA Affiliate shall incur or in the opinion of the Majority Lenders shall be reasonably likely to incur a liability to a Plan, a Multiemployer Plan or PBGC (or any combination of the foregoing) which, in the determination of the Majority Lenders,
would reasonably be expected to have a Material Adverse Effect; or 
 (k) During any period of 25 consecutive calendar months
(i) individuals who were directors of the Company on the first day of such period and (ii) other individuals whose election or nomination to the Board of Directors of the Company was approved by at least a majority of the individuals
referred to in clause (i) above and (iii) other individuals whose election or nomination to the Board of Directors of the Company was approved by at least a majority of the individuals referred to in clauses (i) and (ii) above
shall no longer constitute a majority of the Board of Directors of the Company; or 
  

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 (l) The Guarantee provided in Section 11, or any provisions thereof, shall cease to be
in full force and effect in all material respects, or any guarantor thereunder or any Person acting on behalf of such guarantor shall deny or disaffirm such guarantor’s obligations under such Guarantee or shall default in the due performance or
observance of any term, covenant or agreement on its part to be performed or observed pursuant to such Guarantee; 
 THEREUPON: (i) in the
case of an Event of Default (other than one referred to in clause (g) or (h) of this Section 9 in respect of the Company) (x) the Administrative Agent may and, upon request of the Majority Lenders, shall, by notice to the
Company, cancel the Commitments and (y) the Administrative Agent may and, upon request of the Majority Lenders, shall, by notice to the Company, declare the principal amount of and the accrued interest on the Loans, and all other amounts
payable by the Company or any other Borrower hereunder and under the Notes, to be forthwith due and payable, whereupon such amounts shall be immediately due and payable without presentment, demand, protest or other formalities of any kind, all of
which are hereby expressly waived by the Company and each other Borrower; and (ii) in the case of the occurrence of an Event of Default referred to in clause (g) or (h) of this Section 9 in respect of the Company, the Commitments
shall be automatically cancelled and the principal amount then outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Company or any other Borrower hereunder and under the Notes shall become automatically
immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by the Company and each other Borrower. 

In addition, in the case of the occurrence of any event of the type referred to in clause (g) or (h) of this Section 9 in
respect of any Designated Borrower, the principal amount then outstanding of, and accrued interest on, the Loans and other amounts payable by such Designated Borrower hereunder and under its Notes shall automatically become immediately due and
payable without presentment, demand, protest or other formalities of any kind, all of which are hereby expressly waived by such Designated Borrower and the Company. 

If an Event of Default shall occur and be continuing, the Administrative Agent or the Majority Lenders may require the Company (or, in
case of any Event of Default described in clause (g) or (h) of this Section 9, the Company shall become immediately obligated) to deposit cash collateral pursuant to Section 2.04(j). 

 

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 SECTION 10. THE ADMINISTRATIVE AGENT. 

10.01 Appointment, Powers and Immunities. Each Lender and each Issuing Bank hereby irrevocably (but subject to Section 10.08)
appoints and authorizes the Administrative Agent to act as its agent hereunder with such powers as are specifically delegated to the Administrative Agent by the terms of this Agreement together with such other powers as are reasonably incidental
thereto. The Administrative Agent (which term as used in this sentence and in Section 10.05 and the first sentence of Section 10.06 shall include reference to its Affiliates and its own and its affiliates’ officers, directors,
employees and agents): (a) shall have no duties or responsibilities except those expressly set forth in this Agreement and shall not by reason of this Agreement be a trustee for any Lender; (b) shall not be responsible to the Lenders for
any recitals, statements, representations or warranties contained in this Agreement or in any certificate or other document referred to or provided for in, or received by any of them under, this Agreement or for the value, validity, effectiveness,
genuineness, enforceability or sufficiency of this Agreement, any Note or any other document referred to or provided for herein or for any failure by the Company or any other Person to perform any of its obligations hereunder or thereunder;
(c) shall not be required to initiate or conduct any litigation or collection proceedings hereunder; and (d) shall not be responsible for any action taken or omitted to be taken by it hereunder or under any other document or instrument
referred to or provided for herein or in connection herewith, except for its own gross negligence or willful misconduct. The Administrative Agent may employ agents and attorneys-in-fact and shall not be responsible for the negligence or misconduct
of any such agents or attorneys-in-fact selected by it with reasonable care. 
 10.02 Reliance by Administrative Agent.
The Administrative Agent shall be entitled to rely upon any certification, notice or other communication (including any thereof by telephone, telex, telegram or cable) believed by it to be genuine and correct and to have been signed or sent by or on
behalf of the proper Person or Persons, and upon advice and statements of legal counsel, independent accountants and other experts selected by the Administrative Agent. As to any matters not expressly provided for by this Agreement, the
Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, hereunder in accordance with instructions signed by the Majority Lenders (or such other number of Lenders as is expressly required hereby), and such
instructions of the Majority Lenders (or such other number of Lenders) and any action taken or failure to act pursuant thereto shall be binding on all the Lenders. 

10.03 Defaults. The Administrative Agent shall not be deemed to have knowledge of the occurrence of a Default unless the
Administrative Agent has received notice from a Lender or the Company specifying such Default and stating that such notice is a “Notice of Default”. In the event that the Administrative Agent receives such a notice of the occurrence of a
Default, the Administrative Agent shall give prompt notice thereof to the Lenders. The Administrative Agent shall (subject to Section 10.07) take such action with respect to such Default as shall be directed by the Majority Lenders,
provided that, unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default as
it shall deem advisable in the best interest of the Lenders. 
  

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 10.04 Rights as a Lender. With respect to its Commitment and the Loans made by it,
JPMCB (and any successor acting as Administrative Agent), in its capacity as a Lender hereunder shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not acting as the Administrative Agent,
and the term “Lender” or “Lenders” shall, unless the context otherwise indicates, include the Administrative Agent in its individual capacity. JPMCB (and any successor acting as Administrative Agent) and its Affiliates may
(without having to account therefor to any Lender) accept deposits from, lend money to and generally engage in any kind of banking, trust or other business with the Company (and any of its Affiliates) as if it were not acting as the Administrative
Agent, and JPMCB and its Affiliates may accept fees and other consideration from the Company for services in connection with this Agreement or otherwise without having to account for the same to the Lenders. 

10.05 Indemnification. The Lenders agree to indemnify the Administrative Agent (to the extent not reimbursed under
Section 12.03, but without limiting the obligations of the Company under said Section 12.03), ratably in accordance with their respective Commitments, for any and all liabilities, obligations, losses, damages, penalties, actions,
judgments, suits, costs, expenses or disbursements of any kind and nature whatsoever which may be imposed on, incurred by or asserted against the Administrative Agent in any way relating to or arising out of this Agreement or any other documents
contemplated by or referred to herein or the transactions contemplated hereby (including, without limitation, the costs and expenses which the Company is obligated to pay under Section 12.03 but excluding, unless a Default has occurred and is
continuing, normal administrative costs and expenses incident to the performance of its agency duties hereunder) or the enforcement of any of the terms hereof, or of any such other documents, provided that no Lender shall be liable for any of
the foregoing to the extent they arise from the gross negligence or willful misconduct of the party to be indemnified. 
 10.06
Non-Reliance on Administrative Agent and Other Lenders. Each Lender agrees that it has, independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it has deemed
appropriate, made its own credit analysis of the Company and its Subsidiaries and decision to enter into this Agreement and that it will, independently and without reliance upon the Administrative Agent or any other Lender, and based on such
documents and information as it shall deem appropriate at the time, continue to make its own analysis and decisions in taking or not taking action under this Agreement. The Administrative Agent shall not be required to keep itself informed as to the
performance or observance by any Obligor of this Agreement or any other document referred to or provided for herein or to inspect the properties or books of the Company or any Subsidiary of the Company. Except for notices, reports and other
documents and information expressly required to be furnished to the Lenders by the Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information
concerning the affairs, financial condition or business of the Company or any Subsidiary of the Company (or any of their affiliates) which may come into the possession of the Administrative Agent or any of its Affiliates. 

 

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 10.07 Failure to Act. Except for action expressly required of the Administrative
Agent hereunder the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder unless it shall be indemnified to its satisfaction by the Lenders against any and all liability and expense which may be incurred
by it by reason of taking or continuing to take any such action. 
 10.08 Resignation or Removal of Administrative Agent.
Subject to the appointment and acceptance of a successor Administrative Agent as provided below, the Administrative Agent may resign at any time by giving notice thereof to the Lenders and each Issuing Bank, and the Company and the Administrative
Agent may be removed at any time with or without cause by the Majority Lenders. Upon any such resignation or removal, the Majority Lenders shall have the right to appoint a successor Administrative Agent. If no successor Administrative Agent shall
have been so appointed by the Majority Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent’s giving of notice of resignation or the Majority Lenders’ removal of the retiring
Administrative Agent, then the retiring Administrative Agent may, on behalf of the Lenders and each Issuing Bank, appoint a successor Administrative Agent, which shall be a bank with a combined capital and surplus of at least $100,000,000 which has
an office in New York, New York. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights,
powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder. After any retiring Administrative Agent’s resignation or removal hereunder
as Administrative Agent, the provisions of this Section 10 shall continue in effect for its benefit in respect of any actions taken or omitted to be taken by it while it was acting as the Administrative Agent. 

10.09 Lead Arranger and Other Agents. 

Anything herein to the contrary notwithstanding, the Sole Lead Arranger and Sole Bookrunner and the Co-Syndication Agents listed on the
cover page shall not have any duties or responsibilities under this Agreement, except in their capacity, if any, as Lenders. 
  

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 SECTION 11. GUARANTEE. 

11.01 Guarantee. The Company hereby guarantees to each Lender and the Administrative Agent and their respective successors and
assigns the prompt payment in full when due (whether at stated maturity, by acceleration, by optional prepayment or otherwise) of the principal of and interest on the Loans made by the Lenders to, and the Notes held by each Lender of, any Designated
Borrower and all other amounts from time to time owing to the Lenders or the Administrative Agent by any Designated Borrower under this Agreement pursuant to its Designation Letter and under the Notes, in each case strictly in accordance with the
terms thereof (such obligations being herein collectively called the “Guaranteed Obligations”). The Company hereby further agrees that if any Designated Borrower shall fail to pay in full when due (whether at stated maturity, by
acceleration, by optional prepayment or otherwise) any of the Guaranteed Obligations, the Company will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the
Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal. 

11.02 Obligations Unconditional. The obligations of the Company hereunder are unconditional irrespective of (a) the value,
genuineness, validity, regularity or enforceability of any of the Guaranteed Obligations, (b) any modification, amendment or variation in or addition to the terms of any of the Guaranteed Obligations or any covenants in respect thereof or any
security therefor, (c) any extension of time for performance or waiver of performance of any covenant of any Designated Borrower or any failure or omission to enforce any right with regard to any of the Guaranteed Obligations, (d) any
exchange, surrender, release of any other guaranty of or security for any of the Guaranteed Obligations, or (e) any other circumstance with regard to any of the Guaranteed Obligations which may or might in any manner constitute a legal or
equitable discharge or defense of a surety or guarantor, it being the intent hereof that the obligations of the Company hereunder shall be absolute and unconditional under any and all circumstances. 

The Company hereby expressly waives diligence, presentment, demand, protest, and all notices whatsoever with regard to any of the
Guaranteed Obligations and any requirement that the Administrative Agent or any Lender exhaust any right, power or remedy or proceed against any Designated Borrower hereunder or under the Designation Letter of such Designated Borrower or any Note of
such Designated Borrower or any other guarantor of or any security for any of the Guaranteed Obligations. 
  

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 11.03 Reinstatement. The guarantee in this Section 11 shall be automatically
reinstated if and to the extent that for any reason any payment by or on behalf of any Designated Borrower in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder(s) of any of the Guaranteed Obligations,
whether as a result of any proceedings in bankruptcy or reorganization or otherwise. 
 11.04 Subrogation. Until the
termination of the Commitments and the payment in full of the principal of and interest on the Loans and all other amounts payable to the Administrative Agent or any Lender hereunder, the Company hereby irrevocably waives all rights of subrogation
or contribution, whether arising by operation of law (including, without limitation, any such right arising under the Bankruptcy Code) or otherwise, by reason of any payment by it pursuant to the provisions of this Section 11. 

11.05 Remedies. The Company agrees that, as between the Company on the one hand and the Lenders and the Administrative Agent on
the other hand, the obligations of any Designated Borrower guaranteed under this Agreement may be declared to be forthwith due and payable, or may be deemed automatically to have been accelerated, as provided in Section 9, for purposes of
Section 11.01 notwithstanding any stay, injunction or other prohibition (whether in a bankruptcy proceeding affecting such Designated Borrower or otherwise) preventing such declaration as against such Designated Borrower and that, in the event
of such declaration or automatic acceleration such obligations (whether or not due and payable by such Designated Borrower) shall forthwith become due and payable by the Company for purposes of said Section 11.01. 

11.06 Continuing Guarantee. The guarantee in this Section 11 is a continuing guarantee and shall apply to all Guaranteed
Obligations whenever arising. 
 SECTION 12. MISCELLANEOUS. 

12.01 Waiver. No failure on the part of the Administrative Agent, any Issuing Bank or any Lender to exercise and no delay in
exercising, and no course of dealing with respect to, any right, power or privilege under this Agreement, any Designation Letter or any Note shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or privilege
under this Agreement, any Designation Letter or any Note preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The remedies provided herein and therein are cumulative and not exclusive of any remedies
provided by law. 
  

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 12.02 Notices. All notices and other communications provided for herein (including,
without limitation, any modifications of, or requests, demands, waivers or consents under, this Agreement) shall be given or made in writing and telecopied, mailed or delivered to the intended recipient at (i) in the case of the Company, each
Issuing Bank or the Administrative Agent, the “Address for Notices” specified below its name on the signature pages hereof and (ii) in the case of each Lender, the address (or telecopy) set forth in its Administrative Questionnaire;
or, as to any party, at such other address as shall be designated by such party in a notice to each other party. Except as otherwise provided in this Agreement, all such communications shall be deemed to have been duly given when transmitted by
telecopier or personally delivered or, in the case of a mailed notice, upon receipt, in each case given or addressed as aforesaid. Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communications
pursuant to procedures approved by the Administrative Agent; provided that the foregoing shall not apply to notices pursuant to Section 2 unless otherwise agreed by the Administrative Agent and the applicable Lender. The Administrative
Agent or the Company may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to
particular notices or communications. Each Designated Borrower hereby agrees that each notice or other communication provided for herein may be furnished to the Company or by the Company on its behalf in the manner specified above and each
Designated Borrower further agrees that failure of the Company to deliver to such Designated Borrower any notice furnished in accordance with this Section 12.02 shall not affect the validity of such notice. 

12.03 Expenses, Etc. The Company agrees to pay or reimburse each of the Lenders, each Issuing Bank and the Administrative Agent
for paying: (a) the reasonable fees and expenses of Milbank, Tweed, Hadley & McCloy LLP, special New York counsel to the Administrative Agent, in connection with (i) the preparation, execution and delivery of this Agreement, the
Designation Letters and the Notes, the making of the Loans hereunder and the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (ii) any amendment, modification or waiver (whether or not
such amendment, modification or waiver shall become effective) of any of the terms of this Agreement or any of the Notes; (b) all reasonable costs and expenses of the Lenders, each Issuing Bank and the Administrative Agent (including reasonable
counsels’ fees) in connection with the enforcement of this Agreement, any Designation Letter or any of the Notes; and (c) all transfer, stamp, documentary or other similar taxes, assessments or charges levied by any governmental or revenue
authority in respect of this Agreement, any Designation Letter, any of the Notes or any other document referred to herein. 

The Company hereby agrees to indemnify the Administrative Agent, each Issuing Bank and each Lender and each of their respective
Affiliates, and each of the respective directors, officers, employees, agents and advisors of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all
losses, claims, damages, liabilities and related expenses, including the reasonable fees, charges and disbursements of any counsel for any Indemnitee, incurred by or asserted against any Indemnitee arising out of, in connection with, or as a result
of (i) the execution or delivery of this Agreement or any agreement or instrument contemplated hereby, the performance by the 

 

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parties hereto of their respective obligations hereunder or the consummation of the transactions contemplated hereby, (ii) any Loan or Letter of Credit or the use of the proceeds therefrom
(including any refusal by an Issuing Bank to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit) or (iii) any actual or
prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall
not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross
negligence or willful misconduct of such Indemnitee. 
 12.04 Amendments, Etc. Except as otherwise expressly provided in
this Agreement, any provision of this Agreement may be amended or modified only by an instrument in writing signed by the Company, the Administrative Agent and the Majority Lenders, or by the Company, and the Administrative Agent acting with the
consent of the Majority Lenders, and any provision of this Agreement may be waived by the Majority Lenders or by the Administrative Agent acting with the consent of the Majority Lenders; provided that no amendment, modification or waiver
shall, unless by an instrument signed by each of the Lenders affected thereby or by the Administrative Agent acting with the consent of each of the Lenders affected thereby: (i) increase or extend the term, or extend the time or waive any
requirement for the reduction or termination, of the Commitments, (ii) extend the date fixed for the payment of any principal of or interest on any Loan or LC Disbursement, (iii) reduce the amount of any principal of any Loan or LC
Disbursement or the rate at which interest or any fee is payable hereunder, (iv) alter the terms of Section 11 or release the Company from any of its material obligations thereunder, (v) alter the terms of this Section 12.04 or
(vi) amend the definition of the term “Majority Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof; and
provided, further, that any amendment of Section 10, or which increases the obligations or alters the rights of the Administrative Agent or each Issuing Bank hereunder, shall require the consent of the Administrative Agent or such
Issuing Bank, as the case may be. 
 12.05. Assignments and Participations. 

(a) No Obligor may assign any of its rights or obligations hereunder or under the Notes without the prior consent of all of the Lenders
and the Administrative Agent. 
 (b) (i) Subject to the conditions set forth in paragraph (b)(ii) below, any Lender may
assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it) with the prior written consent (such consent not to be
unreasonably withheld) of (A) the Company, provided that no consent of the Company shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has occurred and is continuing, any
other assignee; and (B) the Administrative Agent and each Issuing Bank. 
 (ii) Assignments shall be subject to the
following additional conditions: 
  

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 (A) except in the case of an assignment to a Lender or an Affiliate of a
Lender or an assignment of the entire remaining amount of the assigning Lender’s Commitment, the amount of the Commitment of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Assumption with
respect to such assignment is delivered to the Administrative Agent) shall not be less than $5,000,000 unless each of the Company, the Administrative Agent and each Issuing Bank otherwise consent, provided that no such consent of the Company
shall be required if an Event of Default has occurred and is continuing; 
 (B) 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, provided that this clause shall not apply to rights in respect of outstanding Competitive Loans; 

(C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption,
together with a processing and recordation fee of $3,500; and 
 (D) the assignee, if it shall not be a
Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 
 (iii) Subject to acceptance and recording
thereof pursuant to paragraph (b)(iv) of this Section 12.05, from and after the effective date specified in each Assignment and Assumption the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such
Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under
this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits
of Sections 5.01, 5.05, 5.06 and 12.03). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 12.05(b) shall be treated for purposes of this Agreement as a sale by such
Lender of a participation in such rights and obligations in accordance with Section 12.05(c). 
 (iv) The Administrative
Agent, acting for this purpose as an agent of the Company, shall maintain at one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment
of, and principal amount of the Loans and LC Disbursements owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, and the Company, the Administrative
Agent, each Issuing Bank and the Lenders may treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall
be available for inspection by the Company, each Issuing Bank and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 
  

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 (v) Upon its receipt of a duly completed Assignment and Assumption executed by an assigning
Lender and an assignee, the assignee’s completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in Section 12.05(b) and any written consent to such
assignment required thereby, the Administrative Agent shall accept such Assignment and Assumption and record the information contained therein in the Register. No assignment shall be effective for purposes of this Agreement unless it has been
recorded in the Register as provided in this paragraph. 
 (c) (i) Any Lender may, without the consent of the Company, the
Administrative Agent or each Issuing Bank, sell participations to one or more banks or other entities (a “Participant”) in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a
portion of its Commitment and the Loans owing to it); provided that (A) such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other parties hereto for the
performance of such obligations and (C) the Company, the Administrative Agent, each Issuing Bank and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations
under this Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any
provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver described in the first proviso to
Section 12.04 that affects such Participant. Subject to paragraph (c)(ii) of this Section 12.05, the Company agrees that each Participant shall be entitled to the benefits of Sections 5.01, 5.05 and 5.06 to the same extent as if it were a
Lender and had acquired its interest by assignment pursuant to paragraph (b) of this Section 12.05. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 4.05(a) as though it were a Lender,
provided such Participant agrees to be subject to Section 4.05(b) as though it were a Lender. 
 (ii) A Participant shall
not be entitled to receive any greater payment under Section 5.01 or 5.06 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such
Participant is made with the Company’s prior written consent. 
 (d) Any Lender may at any time pledge or assign a
security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank, and this Section shall not apply to any such pledge
or assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

 (e) A Lender may furnish any information concerning the Company or any of its Subsidiaries in the possession of such Lender
from time to time to assignees and participants (including prospective assignees and participants). 
  

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 12.06 Survival. The obligations of any Borrower under Sections 5.01, 5.05 and 5.06,
the obligations of the Lenders under Section 10.05 and the obligations of the Company under Section 12.03 shall survive the repayment of the Loans, the expiration or termination of the Letters of Credit and the termination of the
Commitments. In addition, each representation and warranty made, or deemed to be made, by a notice of borrowing of Loans or the issuance or extension of Letters of Credit hereunder shall survive the making of such Loans or the issuance or extension
of such Letters of Credit, and no Lender or Issuing Bank shall be deemed to have waived, by reason of making any Loan or the issuance or extension of any Letter of Credit, any Default or Event of Default which may arise by reason of such
representation or warranty proving to have been false or misleading, notwithstanding that such Lender, Issuing Bank or the Administrative Agent may have had notice or knowledge or reason to believe that such representation or warranty was false or
misleading at the time such Loan was made or such Letter of Credit was issued. 
 12.07 Captions. Captions and section
headings appearing herein are included solely for convenience of reference and are not intended to affect the interpretation of any provision of this Agreement. 

12.08 Counterparts; Effectiveness. This Agreement may be executed in any number of counterparts, each of which shall be identical
and all of which, when taken together, shall constitute one and the same instrument, and any of the parties hereto may execute this Agreement by signing any such counterpart. Except as provided in Section 6.01, this Agreement shall become
effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter
shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. Delivery of an executed counterpart of a signature page to this Agreement by telecopy shall be effective as delivery of a manually
executed counterpart of this Agreement. 
 12.09 Governing Law; Jurisdiction; Service of Process; Waiver of Jury Trial;
Etc. 
 (a) THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW
YORK. ANY LEGAL ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY, AND ANY ACTION OR PROCEEDING TO EXECUTE OR OTHERWISE ENFORCE ANY JUDGMENT OBTAINED IN CONNECTION THEREWITH, MAY BE INSTITUTED
IN THE SUPREME COURT OF THE STATE OF NEW YORK, COUNTY OF NEW YORK OR IN THE U.S. DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK, AND EACH OBLIGOR IRREVOCABLY AND UNCONDITIONALLY SUBMITS GENERALLY (BUT NON-EXCLUSIVELY) TO THE JURISDICTION OF
EACH SUCH COURT. THE COMPANY IRREVOCABLY CONSENTS TO THE SERVICE OF ANY AND ALL PROCESS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES OF SUCH PROCESS TO THE COMPANY AT ITS ADDRESS SET FORTH UNDERNEATH ITS SIGNATURE HERETO. EACH
DESIGNATED BORROWER HEREBY AGREES THAT SERVICE OF PROCESS IN 
  

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ANY SUCH ACTION OR PROCEEDING BROUGHT IN NEW YORK MAY BE MADE UPON SUCH DESIGNATED BORROWER BY SERVICE UPON THE COMPANY AT THE “ADDRESS FOR NOTICES” SPECIFIED BELOW ITS NAME ON THE
SIGNATURE PAGES HEREOF AND EACH DESIGNATED BORROWER HEREBY IRREVOCABLY APPOINTS THE COMPANY AS ITS AUTHORIZED AGENT (“PROCESS AGENT”) TO ACCEPT, ON BEHALF OF ITSELF AND ITS PROPERTY, SUCH SERVICE OF PROCESS IN NEW YORK. EACH OBLIGOR
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. EACH OBLIGOR IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY LAW, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY CLAIM THAT ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.
EACH OBLIGOR FURTHER AGREES THAT ANY SUCH ACTION OR PROCEEDING AGAINST THE ADMINISTRATIVE AGENT, ANY ISSUING BANK AND/OR ANY OF THE LENDERS SHALL BE BROUGHT ONLY IN THE SUPREME COURT OF THE STATE OF NEW YORK, COUNTY OF NEW YORK OR IN THE U.S.
DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK AND THE ADMINISTRATIVE AGENT, EACH ISSUING BANK AND THE LENDERS HEREBY CONSENT TO THE JURISDICTION OF SUCH COURTS FOR SUCH PURPOSE. 

(b) EACH OF THE OBLIGORS, THE ADMINISTRATIVE AGENT, EACH ISSUING BANK AND THE LENDERS HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

 

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 12.10 Successors and Assigns. This Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and permitted assigns. 
 12.11 Judgment Currency. This is
an international loan transaction in which the specification of Dollars or an Alternative Currency, as the case may be (the “Specified Currency”), and any payment in New York City or the country of the Specified Currency, as the
case may be (the “Specified Place”), is of the essence, and the Specified Currency shall be the currency of account in all events relating to Loans denominated in the Specified Currency. The payment obligations of the Obligors under
this Agreement and the Notes shall not be discharged by an amount paid in another currency or in another place, whether pursuant to a judgment or otherwise, to the extent that the amount so paid on conversion to the Specified Currency and transfer
to the Specified Place under normal banking procedures does not yield the amount of the Specified Currency due hereunder at the Specified Place. If for the purpose of obtaining judgment in any court it is necessary to convert a sum due hereunder in
the Specified Currency into another currency (the “Second Currency”), the rate of exchange which shall be applied shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase the
Specified Currency with the Second Currency on the Business Day next preceding that on which such judgment is rendered. The obligation of each Obligor in respect of any such sum due from it to the Administrative Agent or any Lender hereunder (an
“Entitled Person”) shall, notwithstanding the rate of exchange actually applied in rendering such judgment, be discharged only to the extent that on the Business Day following receipt by such Entitled Person of any sum adjudged to
be due hereunder or under the Notes in the Second Currency such Entitled Person may in accordance with normal banking procedures purchase and transfer to the Specified Place the Specified Currency with the amount of the Second Currency so adjudged
to be due; and each Obligor hereby, as a separate obligation and notwithstanding any such judgment, agrees to indemnify such Entitled Person against, and to pay such Entitled Person on demand in the Specified Currency, any difference between the sum
originally due to such Entitled Person in the Specified Currency and the amount of the Specified Currency so purchased and transferred. 

12.12. USA PATRIOT Act. Each Lender hereby notifies the Borrowers that pursuant to the requirements of the USA PATRIOT Act
(Title III of Pub. L. 107-56 (signed into law October 26, 2001)), such Lender may be required to obtain, verify and record information that identifies the Borrowers, which information includes the name and address of the
Borrowers and other information that will allow such Lender to identify the Borrowers in accordance with said Act. 
 12.13.
Waiver of Notice under Existing Credit Agreement. By its execution hereof, each undersigned Lender that also is a party to the credit agreement referred to in Section 6.01(c) hereby waives the provisions of such credit agreement that
would require advance notice for the termination of commitments thereunder; provided that the foregoing waiver shall apply only to the termination of all commitments under such credit agreement and repayment of all loans outstanding
thereunder in connection with the effectiveness of this Agreement. 
  

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

			
	NEWELL RUBBERMAID INC.
		
	By	 	 /s/ Douglas L. Martin

	Name:	 	Douglas L. Martin
	Title:	 	Vice President-Treasurer
	
	Address for Notices:
	Newell Rubbermaid Inc.
	29 East Stephenson Street
	Freeport, Illinois 61032
		
	Attn:	 	Douglas L. Martin
		 	  Vice President-Treasurer
	
	Telecopier No.: (815)-233-8618
	Telephone No.: (815)-233-8040
	
	U.S. Federal Tax Identification No.: 36-3514169

  

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	THE ADMINISTRATIVE AGENT
	
	 JPMORGAN CHASE BANK, N.A.

  as Administrative Agent

		
	By	 	 /s/ Barbara R. Marks

	Name:	 	Barbara R. Marks
	Title:	 	Vice President
	
	Address for Notices:
	
	JPMorgan Chase Bank, N.A.
	1111 Fannin Street,
10th Floor
	Houston, Texas 77002-8069
	Attention: Loan and Agency
	
	Telecopier No.: (713) 750-2782
	Telephone No.: (713) 750-2789

  

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	LENDERS
	
	JPMORGAN CHASE BANK, N.A.
		
	By	 	 /s/ Barbara R. Marks

	Name:	 	Barbara R. Marks
	Title:	 	Vice President

  

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	BANK OF AMERICA, N.A.
		
	By	 	 /s/ Sharon Burks Horos

	Name:	 	Sharon Burks Horos
	Title:	 	Vice President

  

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	BARCLAYS BANK PLC
		
	By	 	/s/ David Barton
	Name:	 	David Barton
	Title:	 	Associate Director

  

 Credit Agreement 

 

 - 77 - 

			
	BNP PARIBAS
		
	By	 	/s/ Jo Ellen Bender
	Name:	 	Joe Ellen Bender
	Title:	 	Managing Director

  

			
	BNP PARIBAS
		
	By	 	/s/ Christopher S. Grumboski
	Name:	 	Christopher S. Grumboski
	Title:	 	Director

  

 Credit Agreement 

 

 - 78 - 

			
	CITICORP USA, INC.
		
	By	 	/s/ Carolyn A. Kee
	Name:	 	Carolyn A. Kee
	Title:	 	Vice President

  

 Credit Agreement 

 

 - 79 - 

  

			
	LEHMAN COMMERCIAL PAPER INC.
		
	By	 	/s/ Janine M. Shugan
	Name:	 	Janine M. Shugan
	Title:	 	Authorized Signatory

  

 Credit Agreement 

 

 - 80 - 

			
	 THE BANK OF TOKYO-MITSUBISHI, LTD.,

CHICAGO BRANCH

		
	By	 	/s/ Tsuguyuki Umene
	Name:	 	Tsuguyuki Umene
	Title:	 	Deputy General Manager

  

 Credit Agreement 

 

 - 81 - 

			
	 WILLIAM STREET COMMITMENT

CORPORATION

		
	By	 	/s/ Mark Walton
	Name:	 	Mark Walton
	Title:	 	Assistant Vice President

  

 Credit Agreement 

 

 - 82 - 

			
	ING BANK, N.V., DUBLIN BRANCH
		
	By	 	/s/ Sean Hassett
	Name:	 	Sean Hassett
	Title:	 	Vice President
		
	By	 	 /s/ Alan Duffy

	Name:	 	Alan Duffy
	Title:	 	Director

  

 Credit Agreement 

 

 - 83 - 

			
	THE NORTHERN TRUST COMPANY
		
	By	 	/s/ David C. Fisher
	Name:	 	David C. Fisher
	Title:	 	Vice President

  

 Credit Agreement 

 

 - 84 - 

			
	THE BANK OF NEW YORK
		
	By	 	/s/ Scott DeTraglia
	Name:	 	Scott DeTraglia
	Title:	 	Asst. Vice President

  

 Credit Agreement 

 

 - 85 - 

			
	NATIONAL AUSTRALIA BANK
		
	By	 	/s/ Scott Tuhy
	Name:	 	Scott Tuhy
	Title:	 	Director

  

 Credit Agreement 

 

 - 86 - 

			
	U.S. BANK, N.A.
		
	By	 	/s/ James N. DeVries
	Name:	 	James N. DeVries
	Title:	 	Senior Vice President

  

 Credit Agreement 

 

 - 87 - 

 Annex I 

Commitments 
  

				
	 JPMorgan Chase Bank, N.A.
	  	$	105,000,000
	 Bank of America, N.A.
	  	$	75,000,000
	 Barclays Bank PLC
	  	$	75,000,000
	 BNP Paribas
	  	$	75,000,000
	 Citicorp USA, Inc.
	  	$	75,000,000
	 Lehman Commercial Paper Inc.
	  	$	60,000,000
	 The Bank of Tokyo-Mitsubishi, Ltd., Chicago Branch
	  	$	60,000,000
	 William Street Commitment Corporation
	  	$	60,000,000
	 ING Bank, N.V., Dublin Branch
	  	$	40,000,000
	 The Northern Trust Company
	  	$	40,000,000
	 The Bank of New York
	  	$	35,000,000
	 National Australia Bank
	  	$	25,000,000
	 U.S. Bank, N.A.
	  	$	25,000,000
		  	 	 
		
	 Total
	  	$	750,000,000

Commitments 

 SCHEDULE I 

LIST OF INDEBTEDNESS 
  

											
	  	  	 Lender or Trustee
	  	 Type of

Arrangement
	  	 	  	 Maximum or

Original

Amount ($)
	  	 Outstanding

Amount ($)

As of

9/30/2005

		  	Newell Rubbermaid Inc.
	1.)	  	J.P. Morgan Chase Bank	  	Commercial Paper	  	}	  	$650,000,000	  	$                  0
	2.)	  	 J.P. Morgan Chase Bank

(As Agent)
	  	Revolver	  	  		  	$                  0
	3.)	  	 J.P. Morgan Chase Bank

(Trustee)
	  	Medium Term Notes	  		  	$337,000,000	  	$337,000,000
	4.)	  	 J.P. Morgan Chase Bank

(Trustee)
	  	Medium Term Notes	  		  	$500,000,000	  	$500,000,000
	5.)	  	 J.P. Morgan Chase Bank

(Trustee)
	  	Medium Term Notes	  		  	$250,000,000	  	$250,000,000
	6.)	  	 J.P. Morgan Chase Bank

(Trustee)
	  	Medium Term Notes	  		  	$899,233,000	  	$250,000,000
	7.)	  	Northern Trust	  	Line of Credit	  		  	$  10,000,000	  	$                  0
	8.)	  	Rabobank N.V.	  	A/R Securitization	  		  	$450,000,000	  	$450,000,000
		
		  	Newell Financial Trust I
	1.)	  	J.P. Morgan Chase Bank (Trustee)	  	QUIPS	  		  	$500,000,000	  	$421,246,750
		
		  	Rubbermaid Inc.
	1.)	  	U.S. Bank (Trustee)	  	Senior Notes	  		  	$150,000,000	  	$150,000,000
		
		  	 Newell Ltd. 

Parker Pen Company
 Irwin Industrial
Tool Company Ltd.

	*1.)	  	Barclays Bank PLC**	  	Line of Credit	  		  	$25,899,644	  	$                  0
		
		  	Irwin Industrial Tools GmbH
	*1.)	  	Commerzbank AG**	  	Line of Credit	  		  	$24,641,000	  	$                  0
		
		  	Waterman S.A.S.
	*1.)	  	Banque Nationale de Paris**	  	Line of Credit	  		  	$18,030,000	  	$5,899,988

  

 List of Indebtedness 

									
		  	Newell S.A.S.	  		  		  	
	*1.)	  	Banque Nationale de Paris**	  	Line of Credit	  	$6,010,000	  	$              0
		
		  	 Newell Rubbermaid Nederland B.V.

Rubbermaid B.V.
 Swish Benelus N.V.

 Newell Rubbermaid Luxembourg SARL

Newell S.A.S.
 Newell Rubbermaid Shared
Services Europe B.V.
 Irwin Industrial Tool Company A/S

Newell Tools Netherlands B.V.
 American
Tool Companies Holding B.V.
 Newell Ireand

Sanford N.V.
 Newell
S.P.R.L.
 Irwin Industrial Tool Company Sp.z.o.o.

	*1.)	  	ING Bank N.V.**	  	Line of Credit	  	$25,110,350	  	$              0
					
		  	Newell Window Fashions Italia S.r.L.	  		  		  	
	*1.)	  	Banca di Roma	  	Line of Credit	  	$25,000,000	  	$              0
					
		  	Newell Rubbermaid Poland S.A.	  		  		  	
	*1.)	  	Citibank Handlowy S.A.**	  	Line of Credit	  	$23,333,243	  	$              0
		
		  	 Berol S. de R.L. de C.V.

Rubbermaid de Mexico S.A. de C.V.

Newell Window Furnishings de Mexico S.de R.L. de C.V.

Productos Infantiles Century S. de R.L. de C.V.

Comercial Berol S. de R.L. de C.V.

American Tool de Mexico S. de R.L. de C.V.

Amerock Hardware Systems de Mexico S. de R.L. de C.V.

	*1.)	  	Banamex	  	Line of Credit	  	$23,100,000	  	$              0
		
		  	Irwin Industrial Tool Ferramentas do Brasil Ltda.
	*1.)	  	Banco Bradesco	  	Line of Credit	  	$10,000,000	  	$              0
		
		  	Newell Sanford S.A.
	1.)	  	Banco De Bogota**	  	Line of Credit	  	$6,112,680	  	$2,233,660
	2.)	  	Banco Davivienda**	  	Line of Credit	  	$6,549,300	  	$2,427,481
		
		  	Sanford Stationery Company Ltd.
	*1.)	  	The Bank of Tokyo-Mitsubishi Ltd.	  	Line of Credit	  	$6,000,000	  	$1,584,570

  

 List of Indebtedness 

 

 - 2 - 

									
		  	 Parker Pen (Shanghai) Ltd.

Papermate Stationery (Dongguan) Co. Ltd.

	  
	*1.)	  	The Bank of Tokyo-Mitsubishi Ltd.**	  	Line of Credit	  	$9,019,880	  	$0
		
		  	 Newell Australia Pty. Ltd.

Irwin Industrial Tool Company Pty. Ltd.

	  
	*1.)	  	National Australia Bank Ltd.**	  	Line of Credit	  	$7,514,100	  	$0

  

	*	Guaranteed by Newell Rubbermaid Inc. 

	**	U.S. Dollar Equivalent 

  

 List of Indebtedness 

 

 - 3 - 

 SCHEDULE II 

LIST OF CERTAIN LIENS 

None. 
  

 List of Certain Liens 

 EXHIBIT A-1 

[Form of Opinion of Special Illinois Counsel] 

November 14, 2005 
 Each of
the Lenders party 
 to the Credit Agreement referred to below 

JPMorgan Chase Bank, N.A. 
 as Administrative
Agent 
 Ladies and Gentlemen: 

We have acted as special counsel to Newell Rubbermaid Inc., a corporation organized under the laws of Delaware (the “Company”),
in connection with the Credit Agreement dated as of the date hereof (the “Credit Agreement”), among the Company, the Lenders party thereto and JPMorgan Chase Bank, N.A., in its capacity as administrative agent for the Lenders. This opinion
letter is being delivered at the request of the Company pursuant to Section 6.01(a)(iv) of the Credit Agreement. Capitalized terms used in this opinion letter which are defined in the Credit Agreement and not otherwise defined in this opinion
letter shall have the meanings given to them in the Credit Agreement. 
 We have examined such documents and matters of law
which we have deemed necessary as the basis for the opinions expressed below. The documents examined include the following: 

(i) A copy of the Credit Agreement executed by the Company and copies of the Notes (if any) dated the date hereof executed by the Company
(the Notes and the Credit Agreement being, collectively, the “Credit Documents”); 
 (ii) A copy of the certificate of
incorporation of the Company and all amendments thereto, certified by the Secretary of the Company; 
 (iii) A copy of the
by-laws of the Company and all amendments thereto, certified by the Secretary of the Company; 
 (iv) A copy of the resolutions
of the board of directors of the Company authorizing the execution and delivery of the Credit Documents, certified by the Secretary of the Company; 
  

 Form of Opinion of Special Illinois Counsel 

 (v) A certificate of the Secretary of the Company as to the incumbency and specimen
signatures of the officer of the Company executing the Credit Documents; and 
 (vi) A certificated of the Secretary of State of
Delaware as to the corporate existence and good standing of the Company. 
 In making our examination, we have assumed the
genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity with the originals of all documents submitted to us as copies and the legal capacity of all natural persons. As to matters of fact material
to our opinions in this letter, we have relied on certificates of officers of the Company, public officials and other appropriate persons and on the representations made in the Credit Agreement. We have not independently investigated or verified any
of the foregoing. 
 In rendering the opinions in this letter we have assumed, without independent investigation or
verification, that each party to the Credit Agreement, other than the Company, (a) is validly existing and in good standing under the laws of its jurisdiction of organization, (b) has full power and authority to execute the Credit
Agreement and to enter into the transactions contemplated therein, (c) has taken all necessary action to authorize execution of the Credit Agreement by the person executing the Credit Agreement on its behalf, (d) has properly executed and
delivered the Credit Agreement, and (e) has duly obtained all consents or approvals of any nature from and made all filings and registrations with any governmental authorities necessary for such party to execute, delivery or perform its
obligations under the Credit Agreement. In addition, in rendering such opinions we have assumed, without independent investigation or verification, that the execution and delivery of, and performance of their respective agreements under, the Credit
Agreement by each party thereto other than the Company do not violate any law, rule, regulation, agreement or instrument binding upon such party, that the Credit Agreement is the legal, valid and binding obligation of, and enforceable against, each
party thereto other than the Company, and, except to the extent covered by our opinions in paragraphs 4 and 5 below, that the execution and delivery by the Company of, and performance by it of its agreements under, the Credit Agreement do not
violate any law, rule, regulation, agreement or instrument binding upon the Company or require any consent or approval from or filing or registration with any governmental authority. 

In rendering our opinions herein we have also assumed, without independent investigation or verification, that there is no oral or
written agreement, understanding, course of dealing or usage of trade that amends any term of the Credit Documents, or any waiver of any such term, that the Credit Documents are accurate and complete and that there has been no mutual mistake of fact
or fraud, duress, undue influence or similar inequitable conduct. 
 For the purpose of this opinion letter, our
“knowledge” (or any similar concept) with respect to any matter means (1) the actual knowledge regarding such matter of the particular Schiff Hardin LLP attorneys who are presently employees or partners of Schiff Hardin LLP and who
have represented the Company in connection with the transactions contemplated by the Credit Agreement, (2) we have not undertaken any review of our files or other independent investigation with respect to any such matter and (3) no
inference that we have actual knowledge concerning such matter should be drawn from the mere fact of our representation of the Company or our expression of any opinion in this letter. 

 

 Form of Opinion of Special Illinois Counsel 

 

 2 

 The opinions contained in this letter are only expressions of professional judgment
regarding the legal matters addressed and are not guarantees that a court would reach any particular result. 
 Based on the
foregoing and subject to the qualifications set forth below, we are of the opinion that: 
 1. The Company is a corporation duly
incorporated, validly existing and in good standing under the laws of the State of Delaware. 
 2. The Company has the corporate
power and authority to execute, deliver and perform its obligations under the Credit Documents, and the execution, delivery and performance thereof by the Company has been duly authorized by all necessary corporate action on the part of the Company.

 3. Each Credit Document has been duly executed and delivered by the Company and constitutes the legal, valid and binding
obligation of the Company, enforceable against the Company in accordance with its terms. 
 4. Neither the execution and
delivery by the Company of the Credit Documents nor the performance by the Company of its obligations thereunder (nor the borrowing by, or guarantee of, the Company under the Credit Agreement) (i) violates the certificate of incorporation or
by-laws of the Company, (ii) violates any law, rule or regulation applicable to the Company, (iii) violates any judgment, injunction, order or decree listed in the Officer’s Certificate of the Company attached to this opinion letter
as Exhibit A, or (iv) breaches, or results in a default or creation of a Lien under, or results in the acceleration or requires prepayment of indebtedness under, any indenture, mortgage, instrument or agreement which is filed as an Exhibit to
the Company’s Annual Report on Form 10-K for the year ended December 31, 2004 or any report filed by the Company since the date of such Annual Report with the Securities and Exchange Commission under Section 13 of the Securities
Exchange Act of 1934, as amended. 
 5. Neither the execution and delivery by the Company of the Credit Documents nor the
performance by the Company of its obligations thereunder (nor the borrowing by, or guarantee of, the Company under the Credit Agreement) requires any consent or approval from or filing or registration with any governmental authority of the State of
Illinois or the United States of America. 
 6. An Illinois court, or a federal court applying Illinois conflicts of laws rules,
would enforce provisions of the Credit Documents specifying that the laws of the State of New York are to govern the Credit Documents so long as (a) there is a reasonable relationship between the parties to the Credit Documents or the
transactions thereunder to the State of New York, and (b) application of the laws of the State of New York is not contrary to a public policy of the State of Illinois. 

 

 Form of Opinion of Special Illinois Counsel 

 

 3 

 The opinions set forth above are subject to the following qualifications: 

A. For purposes of our opinion in paragraph 1 above as to the existence and good standing of the Company, we have relied solely upon the
document described in item (vi) above. 
 B. The opinion expressed in paragraph 3 above with respect to the legality,
validity, binding nature and enforceability of the Credit Documents is subject to (i) applicable laws relating to bankruptcy, insolvency, reorganization, moratorium, fraudulent transfer or other similar laws affecting creditors’ rights
generally, whether now or hereafter in effect, and (ii) general principles of equity, including, without limitation, concepts of materiality, laches, reasonableness, good faith and fair dealing (regardless of whether considered in a proceeding
at law of in equity).
 C. In rendering the opinions set forth above, we have made no examination of, and we express no opinion
with respect to, any accounting matters. Our opinion in paragraph 4 above covers only violations, breaches, defaults, result or requirements which can be definitively determined as of the dated of this opinion letter and does not cover violations,
breaches, defaults, results or requirements the occurrence of which is dependent upon future events or circumstances. Our opinion in paragraph 5 above is not intended to cover consents, approvals, filings or registrations which might be required as
a result of the conduct by the Company of its business or operations. 
 D. We express no opinion as to the validity, legality,
binding effect or enforceability of any covenant or agreement (i) providing for release of liability for or the indemnification against any losses, claims, damages, expenses or liabilities incurred by any person as a result of any violation of
any securities law by such person, as a result of the gross negligence or willful misconduct of such person, or as a result of the negligence of such person if a court would find that that the intent to indemnify such person for such person’s
negligence was not clearly expressed or that such indemnification violates public policy, (ii) requiring that any amendment, modification or waiver of the Credit Documents shall not be effective unless in writing, (iii) providing for the
consent to jurisdiction of any court, the waiver of objection of venue of any court, the waiver of or consent to service of process in any manner other than provided in the laws of the State of Illinois, the waiver of jury trial or the waiver of
counterclaim or cross-claim, (iv) providing that delays will not operate as waivers, (v) which attempts to modify or waive any requirements of reasonableness or notice arising under the laws of any jurisdiction to the extent applicable to
the transactions contemplated by the Credit Documents, (vi) which requires the payment of interest on overdue but unpaid interest or fixed late payment charges, (vii) which purports to be an agreement to use “best efforts”,
(viii) relating to severability as applied to any portion of Credit Documents deemed by a court to be material, (ix) waiving the benefits of any statutory provision or common law right where such waiver violates limitations imposed by
statute or is against public policy, or (x) except to the extent set forth in paragraph 6 above, providing for a choice of any governing law. 

E. Our opinions are limited to only those laws, rules and regulations that we have, in the exercise of customary professional diligence,
but without any special investigation, 
  

 Form of Opinion of Special Illinois Counsel 

 

 4 

 
recognized as generally applicable to the transactions contemplated by the Credit Documents or to business organizations of the same type as the Company (which are not engaged in regulated
business activities) and exclude all laws, rules and regulations of the type described in Section 19 of the Legal Opinion Accord of the American Bar Association Section of Business Law (1991). In addition, we express no opinion as to any law,
rule or regulation to which the Company may be subject as a result of your legal or regulatory status. 
 F. The foregoing
opinions are limited to the laws of the State of Illinois, the Delaware General Corporation Law and the federal laws of the United States of America, and we express no opinions with respect to the laws of any other jurisdiction. We note that the
Credit Documents state that they are to be governed by the laws of the State of New York. However, our opinion in paragraph 3 above is given (with your permission) as though the Credit Documents stated that they are to be governed by the internal
laws of the State of Illinois. 
 The opinions expressed in this opinion letter are as of the date of this opinion letter only
and as the laws covered hereby only as they are in effect on that date, and we assume no obligation to update or supplement such opinion to reflect any facts or circumstances that may come to our attention after that date or any changes in law that
may occur or become effective after that date. The opinion herein are limited to the matters expressly set forth in this opinion letter, and no opinion is given or may be inferred beyond the matters set forth in this opinion letter. 

This opinion letter is furnished by us as special counsel for the Company, is solely for your benefit and for the benefit of your
successors and assigns in connection with the transactions stated herein, and is not to be given to or relied on by any other person or entity or for any other purpose without our prior written consent. 

 

			
	 Very truly yours,

	
	 SCHIFF HARDIN LLP

		
	 By:
	 	  

 

 Form of Opinion of Special Illinois Counsel 

 

 5 

 EXHIBIT A 

Certificate 

In connection with the Credit Agreement dated as of the date hereof among Newell Rubbermaid Inc. (the “Company”), certain
lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (the “Credit Agreement”; capitalized terms used but not defined herein have the same meaning as in the Credit Agreement), the undersigned hereby certifies that
set forth below is every judgment, injunction, order or decree of any court or other governmental body to which the Company is subject that may relate to the ability of the Company to execute, deliver or perform its obligations under the Credit
Agreement: 
 NONE. 

IN WITNESS WHEREOF, this Certificate has been duly executed as of November 14, 2005. 

 

			
	 NEWELL RUBBERMAID, INC.

		
	 By:
	 	  

		
	 Title:
	 	  

 

 Form of Opinion of Special Illinois Counsel 

 EXHIBIT A-2 

[Form of Opinion of Vice President - General Counsel to Newell Rubbermaid Inc.] 

November 14, 2005 
 To the
Lenders Party to the Credit Agreement 
   referred to Below and JPMorgan Chase 

  Bank, N.A., as Administrative Agent 

Ladies and Gentlemen: 
 I am
the Vice President - General Counsel of Newell Rubbermaid Inc. (the “Company”) and am rendering the opinion contained herein in connection with the Credit Agreement (the “Credit Agreement”), dated as of
November 14, 2005, among the Company, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. Terms defined in the Credit Agreement are used herein as defined therein. 

In rendering the opinion expressed below, I have examined the originals or copies of such corporate and stockholder records, agreements
and instruments of the Company, certificates of public officials and of officers of the Company and such other documents and papers as I have deemed necessary as a basis for the opinion hereinafter expressed. In such examination, I have assumed the
genuineness of all signatures, the authenticity of documents submitted to me as originals and the conformity to the original documents of all documents submitted to me as copies. With respect to matters of fact, I have relied upon representations
and certificates of public officials and of officers of the Company, including the representations made by the Company in the Credit Agreement. 

Based upon the foregoing and subject to the qualifications set forth below, and having due regard for such legal considerations as I have
deemed relevant, I am of the opinion that, to my knowledge, there are no legal or arbitral proceedings, and no proceedings by or before any governmental or regulatory authority or agency, pending or threatened against the Company or any of its
Subsidiaries which could be reasonably expected to have a Material Adverse Effect. 
 This opinion has been rendered solely to
you for your use in connection with the Credit Agreement. No other Person shall be entitled to rely hereon without my prior written consent. 
  

	
	Very truly yours,

  

 Form of Opinion of General Counsel 

 EXHIBIT B 

[Form of Opinion of Special New York 

Counsel to the Administrative Agent] 

November 14, 2005 
 Each of
the Lenders party to 
 the Credit Agreement referred 

to below and JPMorgan Chase 
 Bank, N.A., as
Administrative Agent 
 Ladies and Gentlemen: 

We have acted as special New York counsel to JPMorgan Chase Bank, N.A. in connection with the Credit Agreement dated as of
November 14, 2005 (the “Credit Agreement”) among Newell Rubbermaid Inc., a corporation organized under the laws of Delaware (the “Company”), the Lenders party thereto and JPMorgan Chase Bank, N.A., in its
capacity as agent for said Lenders (the “Administrative Agent”), providing for, among other things, the making of loans by the Lenders in an aggregate principal amount not to exceed $750,000,000. All capitalized terms used but not
defined herein have the respective meanings given to such terms in the Credit Agreement. 
 In rendering the opinions expressed
below, we have examined: 
  

	 	(a)	the Credit Agreement; and 

  

	 	(b)	the Notes (if any) being executed and delivered to the Lenders on the Effective Date (herein, the “Notes”) 

The Credit Agreement and the Notes (if any) are collectively referred to as the “Credit Documents”. In our examination, we have assumed
the genuineness of all signatures, the authenticity of all documents submitted to us as originals and the conformity with authentic original documents of all documents submitted to us as copies. When relevant facts were not independently
established, we have relied upon representations made in the Credit Documents. In rendering the opinions expressed below, we have assumed, with respect to the Credit Documents, that the Credit Documents have been duly authorized by, have been duly
executed and delivered by, and (except to the extent set forth below, as to the Company) constitute legal, valid, binding and enforceable obligations of, all of the parties to such documents, that all signatories thereto have been duly authorized
and that all of the parties thereto are duly organized and validly existing and have the power and authority (corporate or other) to execute, deliver and perform the same. 

Based upon and subject to the foregoing and subject also to the comments and qualifications set forth below, and having considered such
questions of law as we have deemed 
  

 Form of Opinion of Special New York Counsel to the Administrative Agent

 
necessary as a basis for the opinions expressed below, we are of the opinion that each Credit Document (assuming, in the case of the Notes of the Company, execution and delivery thereof for
value) constitutes the legal, valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as may be limited by bankruptcy, insolvency, reorganization, fraudulent conveyance or transfer, moratorium
or other similar laws relating to or affecting the rights of creditors generally and except as the enforceability of the Credit Documents is subject to the application of general principles of equity (regardless of whether considered in a proceeding
in equity or at law), including, without limitation, (a) the possible unavailability of specific performance, injunctive relief or any other equitable remedy and (b) concepts of materiality, reasonableness, good faith and fair dealing.

 The foregoing opinions are subject to the following comments and qualifications: 

A. The enforceability of Section 12.03 of the Credit Agreement may be limited by laws limiting the enforceability of provisions
exculpating or exempting a party from, or requiring indemnification of a party for, liability for its own action or inaction, to the extent the action or inaction involves gross negligence, recklessness, willful misconduct or unlawful conduct.

 B. The enforceability of provisions in the Credit Documents to the effect that terms may not be waived or modified except in
writing may be limited under certain circumstances. 
 C. We express no opinion as to (i) the effect of the laws of any
jurisdiction in which any Lender is located (other than the State of New York) that limit the interest, fees or other charges such Lender may impose for the loan or use of money or other credit, (ii) the third sentence of Section 4.05(b)
of the Credit Agreement, (iii) Section 12.11 of the Credit Agreement, (iv) the second sentence of Section 12.09(a) of the Credit Agreement, insofar as such sentence relates to the subject matter jurisdiction of the United States
District Court for the Southern District of New York to adjudicate any controversy related to the Credit Documents and (v) the waiver of inconvenient forum set forth in Section 12.09(a) of the Credit Agreement with respect to proceedings
in the United States District Court for the Southern District of New York. 
 D. We point out with reference to obligations
stated to be payable in an Alternative Currency that (a) a New York statute provides that a judgment rendered by a court of the State of New York in respect of an obligation denominated in a currency other than Dollars would be rendered in such
other currency and would be converted into Dollars at the rate of exchange prevailing on the date of entry of the judgment and (b) a judgment rendered by a Federal court sitting in the State of New York in respect of an obligation denominated
in a currency other than Dollars may be expressed in Dollars, but we express no opinion as to the rate of exchange such Federal court would apply. 

The foregoing opinions are limited to matters involving the Federal laws of the United States of America and the law of the State of New
York, and we do not express any opinion as to the laws of any other jurisdiction. 
  

 Form of Opinion of Special New York Counsel to the Administrative Agent

  

 - 2 - 

 This opinion letter is, pursuant to Section 6.01(a)(v) of the Credit Agreement,
provided to you by us in our capacity as your special New York counsel and may not be relied upon by any Person for any purpose other than in connection with the transactions contemplated by the Credit Agreement without, in each instance, our prior
written consent. 
  

	
	Very truly yours,

  

 Form of Opinion of Special New York Counsel to the Administrative Agent

  

 - 3 - 

 EXHIBIT C 

[Form of Competitive Bid Request] 

COMPETITIVE BID REQUEST 

[            , 20    ] 

JPMorgan Chase Bank, N.A., 
   as
Administrative Agent 
 Loan and Agency Services Group 

1111 Fannin Street,
10th Floor 

Houston, Texas 77002-8069 
 Attention:
[                    ] 
 Ladies and
Gentlemen: 
 Reference is made to the Credit Agreement dated as of November 14, 2005 (as amended, supplemented and
otherwise modified and in effect from time to time, the “Credit Agreement”), among Newell Rubbermaid Inc., a Delaware corporation, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. Terms used but not
defined herein have the respective meanings given to such terms under the Credit Agreement. This Competitive Bid Request is being delivered to the Administrative Agent pursuant to Section 2.03(b) of the Credit Agreement. 

The undersigned hereby requests that the Lenders submit, as provided in Section 2.03(c) of the Credit Agreement, Competitive Bids
for the proposed Competitive Borrowing(s) described below: 
  

											
	 Borrower
	  	 Borrowing
Date
	  	 Currency
	  	 Amount*
	  	 Type**
	  	 Interest
Period***

						
	  	  	  	  	  	  	 	  	 	  	 

  

	*	Each amount must be per Section 2.03(c)(ii) or an integral multiple of $1,000,000 or the Foreign Currency Equivalent thereof. 

	**	Insert either “Margin” (in the case of Competitive LIBOR Loans) or “Rate” (in the case of Set Rate Loans). 

	***	1, 2, 3 or 6 months (in the case of a Competitive LIBOR Loan) or a period of up to 180 days after the making of the Loan the last day of which is a Business Day (in the
case of a Set Rate Loan). 

  

 Form of Competitive Big Request 

 Please notify, as provided in Section 2.03(b) of the Credit Agreement, the Lenders of
this Competitive Bid Request. 
  

			
	Very truly yours,
	
	 NEWELL RUBBERMAID INC.

		
	By	 	  

	Name:	 	
	Title:	 	

  

 Form of Competitive Big Request 

 

 - 2 - 

 EXHIBIT D 

[Form of Competitive Bid] 

Competitive Bid 

[            , 20    ] 

JPMorgan Chase Bank, N.A., 
   as
Administrative Agent 
 Loan and Agency Services Group 

1111 Fannin Street,
10th Floor 

Houston, Texas 77002-8069 
 Attention:
[                    ] 
 Ladies and
Gentlemen: 
 Reference is made to the Credit Agreement dated as of November 14, 2005 (as amended, supplemented and
otherwise modified and in effect from time to time, the “Credit Agreement”), among Newell Rubbermaid Inc., a Delaware corporation, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. Terms used but not
defined herein have the respective meanings given to such terms under the Credit Agreement. This Competitive Bid is being delivered to the Administrative Agent pursuant to Section 2.03(c) of the Credit Agreement. 

In response to the Competitive Bid Request of the Company dated
[            , 200    ], the undersigned hereby submits, as provided in Section 2.03(c) of the Credit Agreement, Competitive Bid(s) for the proposed
Competitive Borrowing(s) described below: 
  

													
	 Borrower
	  	 Borrowing
Date
	  	 Currency
	  	 Amount*
	  	 Type**
	  	 Interest
Period***
	  	 Rate****

							
	  	  	  	  	  	  	  	  	  	  	  	  	  

  

	*	Each amount must be per §2.03(c)(ii) or an integral multiple of $1,000,000 or the Foreign Currency Equivalent thereof. 

	**	Insert either “Margin” (in the case of Competitive LIBOR Loans) or “Rate” (in the case of Set Rate Loans). 

	***	1, 2, 3 or 6 months (in the case of a Competitive LIBOR Loan) or a period of up to 180 days after the making of the Loan the last day of which is a Business Day (in the
case of a Set Rate Loan). 

	****	 For a Competitive LIBOR Loan, specify margin over or under the LIBO Rate determined for the applicable Interest Period as a percentage (rounded to the
nearest 1/10,000th of 1%) and whether “PLUS” or
“MINUS”. For a Set Rate Loan, specify rate of interest per annum (rounded to the nearest
1/10,000th of 1%). 

 

 Form of Competitive Bid 

 provided that the Company may not accept offers that would result in the undersigned making
Competitive Loans pursuant hereto in excess of $[        ] in the aggregate (the “Competitive Loan Limit”). 

Please notify, as provided in Section 2.03(d) of the Credit Agreement, the Company of this Competitive Bid. 

We understand and agree that the offer(s) set forth above, subject to the satisfaction of the applicable conditions set forth in the
Credit Agreement, irrevocably obligate(s) us to make the Competitive Loan(s) for which any offer(s) [is] [are] accepted, in whole or in part (subject to the third sentence of Section 2.03(e) of the Credit Agreement and any Competitive Loan
Limit specified above). 
  

			
	 Very truly yours,

	
	 [NAME OF LENDER]

		
	By	 	  

	Name:	 	
	Title:	 	

 Form of Competitive Bid 

 

 - 2 - 

 EXHIBIT E-1 

[Form of Designation Letter] 
  

			
		  	[Date]

 To JPMorgan Chase Bank, N.A., 

  as Administrative Agent 
 Loan and
Agency Services Group 
 1111 Fannin Street,
10th Floor 

Houston, Texas 77002-8069 
 Attention:
[                    ] 
 Ladies and
Gentlemen: 
 We make reference to the Credit Agreement (as amended, supplemented and otherwise modified and in effect from time
to time, the “Credit Agreement”), dated as of November 14, 2005 among Newell Rubbermaid Inc. (the “Company”), the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as
Administrative Agent (in such capacity, the “Administrative Agent”). Terms defined in the Credit Agreement are used herein as defined therein. 

The Company hereby designates
[                    ] (the “Designated Borrower”), a Wholly-Owned Subsidiary of the Company and a corporation duly
incorporated under the laws of [State/Country], as a Borrower in accordance with Section 2.05 of the Credit Agreement until such designation is terminated in accordance with said Section 2.05, entitled to borrow Competitive Loans.

 The Designated Borrower hereby accepts the above designation and hereby expressly and unconditionally accepts the obligations
of a Borrower under the Credit Agreement, adheres to the Credit Agreement and agrees and confirms that, upon your execution and return to the Company of the enclosed copy of this letter, it shall be a Borrower for purposes of the Credit Agreement
and agrees to be bound by and to perform and comply with the terms and provisions of the Credit Agreement applicable to it as if it had originally executed the Credit Agreement. The Designated Borrower hereby authorizes and empowers the Company to
act as its representative and attorney-in-fact for the purposes of signing documents and giving and receiving notices (including notices of borrowing under Section 2 of the Credit Agreement) and other communications in connection with the
Credit Agreement and the transactions contemplated thereby and for the purposes of modifying or amending any provision of the Credit Agreement and further agrees that the Administrative Agent and each Lender may conclusively rely on the foregoing
authorization. 
 The Company hereby represents and warrants to the Administrative Agent and each Lender that, before and after
giving effect to this Designation Letter, (i) the representations and warranties set forth in Section 7 of the Credit Agreement are true and correct as if made on and as of the date hereof and as if each of the representations and
warranties in Sections 7.01, 7.04, 7.05, 7.06 and 7.16 specifically included a reference to the Designated Borrower and (ii) no Default has occurred and is continuing. 

 

 Form of Designation letter 

 The Designated Borrower hereby agrees that this Designation Letter, the Credit Agreement and
the Notes shall be governed by, and construed in accordance with, the law of the State of New York. The Designated Borrower hereby submits to the nonexclusive jurisdiction of the United States District Court for the Southern District of New York and
of the Supreme Court of the State of New York, County of New York, for the purposes of all legal proceedings arising out of or relating to this Designation Letter, the Credit Agreement or the transactions contemplated thereby. The Designated
Borrower irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to the laying of the venue of any such proceeding brought in such a court and any claim that any such proceeding brought in such a
court has been brought in an inconvenient forum. The Designated Borrower further agrees that service of process in any such action or proceeding brought in New York may be made upon it by service upon the Company at the “Address for
Notices” specified below its name on the signature pages to the Credit Agreement and the Designated Borrower hereby irrevocably appoints the Company as its authorized agent (“Process Agent”) to accept, on behalf of it and its
property such service of process in New York. 
 THE DESIGNATED BORROWER IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS DESIGNATION LETTER, THE CREDIT AGREEMENT OR THE TRANSACTIONS CONTEMPLATED THEREBY. 

Anything herein to the contrary notwithstanding, the Company and the Designated Borrower hereby agree that unless and until the
Designated Borrower becomes an Approved Designated Borrower as aforesaid, Committed Loans are not available to the Designated Borrower under the Credit Agreement. 

 

 Form of Designation letter 

 

 - 2 - 

 [The Company hereby requests that the Designated Borrower be approved as an Approved
Designated Borrower. Subject to the approval of all of the Lenders (to be evidenced by your signing at the place below indicated and returning to the Company the enclosed copy of this letter) such Designated Borrower will become an Approved
Designated Borrower entitled to borrow both Committed Loans and Competitive Loans.] 
  

					
	 NEWELL RUBBERMAID INC.

			
		 	 By
	 	  

		 	 Name:
	 	
		 	 Title:
	 	
	
	 [DESIGNATED BORROWER]

			
		 	 By
	 	  

		 	 Name:
	 	
		 	 Title:
	 	
			
		 		 	[Insert Address]

 [Consent and Agree to the

 aforesaid Designated Borrower 
 being
an Approved Designated 
 Borrower: 
  

			
	JPMORGAN CHASE BANK, N.A.
	
	As Administrative Agent for and on behalf of the Lenders
		
	 By
	 	  

	 Name:
	 	
	Title:	 	
	
	
Date:                    

  

 Form of Designation letter 

 

 - 3 - 

 EXHIBIT E-2 

[Form of Termination Letter] 
  

			
		  	[Date]

 To JPMorgan Chase Bank, N.A., 

  as Administrative Agent 
 Loan and
Agency Services Group 
 1111 Fannin Street,
10th Floor 

Houston, Texas 77002-8069 
 Attention:
[                    ] 
 Ladies and
Gentlemen: 
 We make reference to the Credit Agreement (as amended, supplemented and otherwise modified and in effect from time
to time, the “Credit Agreement”) dated as of November 14, 2005 among Newell Rubbermaid Inc. (the “Company”), the Lenders party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A. as
Administrative Agent (in such capacity, the “Administrative Agent”). Terms defined in the Credit Agreement are used herein as defined therein. 

The Company hereby terminates the status as a Designated Borrower of
[                    ], a corporation incorporated under the laws of [State/County], in accordance with Section 2.05 of the
Credit Agreement, effective as of the date of receipt of this notice by the Administrative Agent. The undersigned hereby represent and warrant that all principal and interest on any Loan of the above-referenced Designated Borrower and all other
amounts payable by such Designated Borrower pursuant to the Credit Agreement have been paid in full on or prior to the date hereof. Notwithstanding the foregoing, this Termination Letter shall not affect any obligation which by the terms of the
Credit Agreement survives termination thereof. 
  

			
	 NEWELL RUBBERMAID INC.

		
	 By
	 	  

	 Name:

	 Title:

	
	[INSERT NAME OF DESIGNATED BORROWER]
		
	 By
	 	  

	 Name:

	 Title:

 

 Form of Termination Letter 

 EXHIBIT F 

ASSIGNMENT AND ASSUMPTION 

This Assignment and Assumption (the “Assignment and Assumption”) is dated as of the Effective Date set forth below and
is entered into by and between [Insert name of Assignor] (the “Assignor”) and [Insert name of Assignee] (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to
them in the Credit Agreement identified below (as amended, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby
agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably
purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i) all of the
Assignor’s rights and obligations in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of
such outstanding rights and obligations of the Assignor under the respective facilities identified below (including any letters of credit and guarantees included in such facilities) and (ii) to the extent permitted to be assigned under
applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or
instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or
in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the
“Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor. 

 

							
	1.	  	Assignor:	  	  
	  	
				
	2.	  	Assignee:	  	  
	  	
		  		  	[and is an Affiliate/Approved Fund of [identify
Lender]1]
			
	3.	  	Borrower(s):	  	Newell Rubbermaid Inc. and certain of its designated subsidiaries

 

	1
	 Select as applicable. 

  

 Form of Assignment and Assumption 

					
	4.	 	Administrative Agent:	 	JPMorgan Chase Bank, N.A., as the administrative agent under the Credit Agreement
			
	5.	 	Credit Agreement:	 	Credit Agreement dated as of November 14, 2005 among Newell Rubbermaid Inc., the Lenders parties thereto, and JPMorgan Chase Bank, N.A., as Administrative
Agent
			
	6.	 	Assigned Interest:	 	

	 	

  

							
	 Facility Assigned
	  	Aggregate Amount 
of
Commitment/Loans
for all Lenders	  	Amount
of
Commitment/Loans
Assigned	  	Percentage 
Assigned
of
Commitment/Loans2

		  	$	  	$	  	%
		  	$	  	$	  	%
		  	$	  	$	  	%

 Effective Date:
            , 20     [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER
THEREFOR.] 
 The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	 ASSIGNOR

	
	 [NAME OF ASSIGNOR]

		
	 By:
	 	  

	Title:	 	

  
  

	2
	 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

 

 Form of Assignment and Assumption 

 

 - 2 - 

			
	ASSIGNEE
	
	[NAME OF ASSIGNEE]
		
	By:	 	  

	Title:	 	

  

 Form of Assignment and Assumption 

 

 - 3 - 

			
	Consented to and Accepted:
	
	 JPMORGAN CHASE BANK, N.A.,

  as Administrative Agent

		
	By	 	  

	Title:	 	
	
	Consented to:
	
	[NAME OF ISSUING BANK]
		
	By	 	  

	Title:	 	
	
	[Consented
to:]3
	
	NEWELL RUBBERMAID INC.
		
	By	 	  

	Title:	 	
		
		 	

  

	3
	 To be added only if the consent of the Company is required by the terms of the Credit Agreement. 

 

 Form of Assignment and Assumption 

 

 - 4 - 

 ANNEX 1 

STANDARD TERMS AND CONDITIONS FOR 

ASSIGNMENT AND ASSUMPTION 

1. Representations and Warranties. 

1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned
Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and
to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement, (ii) the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Credit Agreement or any collateral thereunder, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of
the Credit Agreement or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under the Credit Agreement. 

1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all
action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it satisfies the requirements, if any, specified in the
Credit Agreement that are required to be satisfied by it in order to acquire the Assigned Interest and become a Lender, (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder
and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder and (iv) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to
Section 8.01 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the
basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, the
Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement, and (ii) it will perform in
accordance with their terms all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender. 

2. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned
Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

  

 Form of Assignment and Assumption 

 3. General Provisions. This Assignment and Assumption shall be binding upon, and
inure to the benefit of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed
counterpart of a signature page of this Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in
accordance with, the law of the State of New York. 
  

 Form of Assignment and Assumption 

 

 - 2 - 

 EXHIBIT G 

[Form of Assumption Agreement] 

            ,      

To JPMorgan Chase Bank, N.A., 
 as
Administrative Agent party to the 
 Credit Agreement referred to below 

Ladies and Gentlemen: 

Reference is made to the Credit Agreement (the “Credit Agreement”) dated as of November 14, 2005 between Newell
Rubbermaid Inc. (the “Company”), the lenders named therein and JPMorgan Chase Bank, N.A., as Administrative Agent. Terms defined in the Credit Agreement are used herein as defined therein. 

The Company and
                    (the “Assuming Lender”) each hereby agree as follows: 

1. The Assuming Lender proposes to become an Assuming Lender pursuant to Section 2.06(d) of the Credit Agreement with
a Commitment in the amount of $[            ] and, in that connection, hereby agrees with the Administrative Agent and the Company that it shall become a Lender for all purposes of
the Credit Agreement on the applicable Commitment Increase Date. 
 2. The Assuming Lender (a) confirms that
it has received a copy of the Credit Agreement, together with copies of the financial statements referred to in Section 7.02 thereof and such other documents and information as it has deemed appropriate to make its own credit analysis and
decision to enter into this Assumption Agreement; (b) agrees that it will, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it shall deem appropriate at the
time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (c) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and
discretion under the Credit Agreement as are delegated to the Administrative Agent by the terms thereof, together with such powers and discretion as are reasonably incidental thereto; and (d) agrees that it will perform in accordance with their
terms all of the obligations that by the terms of the Credit Agreement are required to be performed by it as a Lender. 

3. Following the execution hereof, this Assumption Agreement will be delivered to the Administrative Agent for acceptance
and recording by the Administrative Agent. The effective date for this Assumption Agreement (the “Effective Date”) shall be the applicable Commitment Increase Date. 

 

 Form of Assumption and Agreement 

 4. Upon satisfaction of the applicable conditions set forth in
Section 2.06(d) of the Credit Agreement and upon such acceptance and recording by the Administrative Agent, as of the Effective Date, the Assuming Lender shall be a party to the Credit Agreement and have all of the rights and obligations of a
Lender thereunder. 
 5. This Assumption Agreement shall be governed by, and construed in accordance with, the
law of the State of New York. 
 6. This Assumption Agreement may be executed in any number of counterparts and
by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of this
Assumption Agreement by facsimile shall be effective as delivery of a manually executed counterpart of this Assumption Agreement. 
  

 Form of Assumption Agreement 

 

 - 2 - 

 IN WITNESS WHEREOF, the Company and the Assuming Lender have caused this letter to be duly
executed and delivered as of the date first above written. 
  

			
	 Very truly yours,

	
	 NEWELL RUBBERMAID INC.

		
	By	 	  

	Name:	 	
	Title:	 	
	
	 [NAME OF ASSUMING LENDER]

		
	By	 	  

	Name:	 	
	Title:	 	

  

			
	 Accepted this      day of
            , 200    :

	
	 JPMORGAN CHASE BANK, N.A.,

as Administrative Agent

		
	 By
	 	  

	Name:	 	
	Title:	 	

 CH2\ 1327418.1 
  

 Form of Assumption Agreement 

 

 - 3 -$400,000,000 Term Loan Credit Agreement

 Exhibit 10.2 

NEWELL RUBBERMAID INC. 
  

 
 CREDIT AGREEMENT

 Dated as of September 19, 2008 
  

 
 $400,000,000

  
  

BANK OF AMERICA, N.A. 

as Administrative Agent 

and 
 JP MORGAN
CHASE BANK, N.A., 
 as Syndication Agent 

BANC OF AMERICA SECURITIES LLC 

and 
 J.P. MORGAN
SECURITIES INC., 
 as Joint Lead Arrangers and Joint Bookrunners 

 TABLE OF CONTENTS 

 

			
	 	  	Page
	 SECTION 1 DEFINITIONS AND ACCOUNTING MATTERS
	  	1
	 1.01 Certain Defined Terms
	  	1
	 1.02 Accounting Terms and Determinations
	  	14
	 1.03 Types of Loans
	  	14
	 1.04 Terms Generally
	  	14
		
	 SECTION 2 TERM LOAN
	  	15
	 2.01 Term Loan
	  	15
	 2.02 Borrowing of the Term Loan
	  	15
	 2.03 Fees
	  	16
	 2.04 Several Obligations; Remedies Independent
	  	16
	 2.05 Evidence of Debt
	  	16
	 2.06 Prepayments; Conversions and Continuations
	  	16
		
	 SECTION 3 PAYMENTS OF PRINCIPAL AND INTEREST
	  	18
	 3.01 Repayment of Loans
	  	18
	 3.02 Interest
	  	18
		
	 SECTION 4 PAYMENTS; PRO RATA TREATMENT; COMPUTATIONS; ETC.
	  	19
	 4.01 Payments
	  	19
	 4.02 Pro Rata Treatment
	  	20
	 4.03 Computations
	  	20
	 4.04 Non-Receipt of Funds by the Administrative Agent
	  	21
	 4.05 Set-off; Sharing of Payments
	  	21
		
	 SECTION 5 YIELD PROTECTION AND ILLEGALITY
	  	22
	 5.01 Additional Costs
	  	22
	 5.02 Limitation on Types of Loans
	  	23
	 5.03 Illegality
	  	24
	 5.04 Base Rate Loans Pursuant to Sections 5.01 and 5.03
	  	24
	 5.05 Compensation
	  	24
	 5.06 Taxes
	  	25
	 5.07 Replacement of Lenders
	  	26
		
	 SECTION 6 CONDITIONS PRECEDENT
	  	27
	 6.01 Effective Date
	  	27
	 6.02 Credit Extension
	  	28
		
	 SECTION 7 REPRESENTATIONS AND WARRANTIES
	  	28
	 7.01 Corporate Existence
	  	28
	 7.02 Financial Condition
	  	29
	 7.03 Litigation
	  	29
	 7.04 No Breach
	  	30
	 7.05 Corporate Action
	  	30
	 7.06 Approvals
	  	30
	 7.07 Use of Credit
	  	30
	 7.08 ERISA
	  	30
	 7.09 Investment Company Act
	  	30
	 7.10 Credit Agreements
	  	31
	 7.11 Hazardous Materials
	  	31

  

 i 

			
	 7.12 Taxes
	  	31
	 7.13 True and Complete Disclosure
	  	31
	 7.14 Subsidiaries
	  	32
	 7.15 Compliance with Law.
	  	32
		
	 SECTION 8 COVENANTS OF THE BORROWER
	  	32
	 8.01 Financial Statements
	  	32
	 8.02 Litigation
	  	35
	 8.03 Corporate Existence, Etc.
	  	35
	 8.04 Insurance
	  	35
	 8.05 Use of Proceeds
	  	35
	 8.06 Indebtedness
	  	36
	 8.07 Fundamental Changes
	  	36
	 8.08 Liens
	  	37
	 8.09 Lines of Businesses
	  	38
	 8.10 Total Indebtedness to Total Capital
	  	38
	 8.11 Interest Coverage Ratio
	  	38
	 8.12 Transactions with Affiliates
	  	39
		
	 SECTION 9 EVENTS OF DEFAULT
	  	39
		
	 SECTION 10 THE ADMINISTRATIVE AGENT
	  	42
	 10.01 Appointment, Powers and Immunities
	  	42
	 10.02 Reliance by Administrative Agent
	  	42
	 10.03 Defaults
	  	43
	 10.04 Rights as a Lender
	  	43
	 10.05 Indemnification
	  	43
	 10.06 Non-Reliance on Administrative Agent and Other Lenders
	  	43
	 10.07 Failure to Act
	  	44
	 10.08 Resignation or Removal of Administrative Agent
	  	44
	 10.09 Lead Arrangers and Other Agents
	  	44
	 10.10 Exculpatory Provisions
	  	44
	 10.11 Administrative Agent May File Proofs of Claim
	  	45
		
	 SECTION 11 MISCELLANEOUS
	  	46
	 11.01 Waiver
	  	46
	 11.02 Notices
	  	46
	 11.03 Expenses, Etc
	  	47
	 11.04 Amendments, Etc
	  	48
	 11.05 Assignments and Participations
	  	48
	 11.06 Survival
	  	51
	 11.07 Captions
	  	51
	 11.08 Counterparts; Effectiveness
	  	51
	 11.09 Governing Law; Jurisdiction; Service of Process; Waiver of Jury Trial; Etc
	  	51
	 11.10 Successors and Assigns
	  	52
	 11.11 USA PATRIOT Act
	  	52
	 11.12 No Advisory or Fiduciary Relationship
	  	52

  

 ii 

					
	 Annex I
	 	-	  	Commitments
	 Schedule I
	 	-	  	List of Indebtedness
	 Schedule II
	 	-	  	List of Certain Liens
			
	 EXHIBIT A
	 	-	  	Form of Loan Notice
	 EXHIBIT B
	 	-	  	Form of Assignment and Assumption

  

 iii 

 CREDIT AGREEMENT dated as of September 19, 2008, between NEWELL RUBBERMAID INC., a
corporation duly organized and validly existing under the laws of the State of Delaware (together with its successors, the “Borrower”); each of the lenders which is a signatory hereto (together with its successors and permitted
assigns, individually, a “Lender” and, collectively, the “Lenders”); and BANK OF AMERICA, N.A., as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the
“Administrative Agent”). 
 The Borrower has requested that the Lenders make a term loan to the Borrower in an
aggregate principal amount not exceeding $400,000,000 on the Effective Date. The Lenders are prepared to make such term loan upon the terms and conditions hereof, and, accordingly, the parties agree as follows: 

SECTION 1 

DEFINITIONS AND ACCOUNTING MATTERS 

1.01 Certain Defined Terms. As used herein, the following terms shall have the following meanings (all terms defined in
this Section 1 or in other provisions of this Agreement in the singular to have the same meanings when used in the plural and vice versa): 

“Additional Costs” has the meaning provided in Section 5.01. 

“Adjusted LIBO Rate” shall mean, for any LIBO Rate Loan for any Interest Period, a rate per annum (rounded upwards, if
necessary, to the nearest 1/16 of 1%) determined by the Administrative Agent to be equal to the LIBO Rate for the Interest Period for such Loan divided by 1 minus the Reserve Requirement for such Loan for such Interest Period. 

“Administrative Agent” means Bank of America in its capacity as administrative agent under any of the Credit Documents.

 “Administrative Agent Fee Letter” means the letter agreement dated August 26, 2008 among the Borrower,
Bank of America and BAS. 
 “Administrative Agent’s Account” shall mean, such account as the
Administrative Agent shall designate in a notice to the Borrower and the Lenders. 
 “Advance Period” has the
meaning provided in Section 4.04. 
 “Administrative Questionnaire” shall mean an Administrative
Questionnaire in the form supplied by the Administrative Agent. 
 “Affected Loans” has the meaning provided in
Section 5.04. 
 “Affected Type” has the meaning provided in Section 5.04. 

 

 1 

 “Affiliate” shall mean, with respect to a specified Person, another Person
that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Agent Parties” has the meaning provided in Section 11.02. 

“Applicable Lending Office” shall mean for each Lender and for each Type of Loan the lending office of such Lender (or
of an Affiliate of such Lender) designated for such Type of Loan in the Administrative Questionnaire submitted by such Lender or such other office of such Lender (or of an Affiliate of such Lender) as such Lender may from time to time specify to the
Administrative Agent and the Borrower. 
 “Applicable Margin” shall mean, during any period when the Rating is
at one of the Rating Groups specified below, the percentage set forth below opposite the reference to the relevant Type of Loan: 
  

																			
	 	  	Rating
Group I	 	 	Rating
Group II	 	 	Rating
Group III	 	 	Rating
Group IV	 	 	Rating
Group V	 	 	Rating
Group VI	 
	 Applicable Margin for LIBO Rate Loans
	  	0.75	% 	 	1.00	% 	 	1.375	% 	 	1.75	% 	 	2.00	% 	 	2.50	% 
	 Applicable Margin for Base Rate Loans
	  	0 	% 	 	0 	% 	 	0.375	% 	 	0.75	% 	 	1.00	% 	 	1.50	% 

 Any change in the Applicable
Margin by reason of a change in the Moody’s Rating, the Standard & Poor’s Rating or the Fitch Rating shall become effective on the date of announcement or publication by the respective Rating Agency of a change in such Rating or,
in the absence of such announcement or publication, on the effective date of such changed rating. 
 “Applicable
Percentage” shall mean, with respect to any Lender at any time, with respect to such Lender’s portion of the outstanding Term Loan at any time, the percentage of the outstanding principal amount of the Term Loan held by such Lender at
such time. The initial Applicable Percentage of each Lender is set forth opposite the name of such Lender on Annex I or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable. 

“Approved Fund” shall mean 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 of its business and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that
administers or manages a Lender. 
 “Assignment and Assumption” shall mean an assignment and assumption entered
into by a Lender and an assignee (with the consent of any party whose consent is required by Section 11.05 ), and accepted by the Administrative Agent, in the form of Exhibit B or any other form approved by the Administrative
Agent. 
  

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 “Bank of America” shall mean Bank of America, N.A. and its successors.

 “BAS” means Banc of America Securities LLC, in its capacity as joint lead arranger and joint bookrunner.

 “Bankruptcy Code” means the United States Bankruptcy Code of 1978, as amended from time to time. 

“Base Rate” shall mean, with respect to any Base Rate Loan, for any day, the higher of (a) the Federal Funds Rate
for such day plus 1/2 of 1% and (b) the Prime Rate for such day. 
 “Base Rate Loans” shall mean Loans
which bear interest based upon the Base Rate. 
 “Borrower” has the meaning specified in the introductory
paragraph hereto. 
 “Borrower Materials” has the meaning provided in Section 8.01. 

“Business Day” shall mean any day (a) that is not a Saturday, Sunday or other day on which commercial banks are
authorized or required to close in New York City and (b) if such day relates to the giving of notices in connection with a borrowing of, a payment or prepayment of principal of or interest on, Conversion of or into, or an Interest Period for, a
LIBO Rate Loan or a notice by the Borrower with respect to any such borrowing, payment, prepayment, Conversion or Interest Period, also on which dealings in deposits are carried out in the London interbank market. 

“Capital Lease Obligations” shall mean, as to any Person, the obligations of such Person to pay rent or other amounts
under a lease of (or other agreement conveying the right to use) real and/or personal property which obligations are required to be classified and accounted for as a capital lease on a balance sheet of such Person under GAAP (including Statement of
Financial Accounting Standards No. 13 of the Financial Accounting Standards Board) and, for purposes of this Agreement, the amount of such obligations shall be the capitalized amount thereof, determined in accordance with GAAP (including such
Statement No. 13). 
 “Code” shall mean the Internal Revenue Code of 1986, as amended from time to time.

 “Commitment” shall mean, as to each Lender, the obligation of such Lender to make its portion of the Term
Loan to the Borrower pursuant to Section 2.01 , in the principal amount set opposite such Lender’s name on Annex I hereto under the caption “Commitment”. The aggregate principal amount of the Commitments of all of
the Lenders as in effect on the Closing Date is FOUR HUNDRED MILLION DOLLARS ($400,000,000). 
 “Commitment
Letter” means the letter agreement dated August 26, 2008 from Bank of America, BAS, JPMCB and JPMorgan and accepted and agreed to by the Borrower. 

“Consolidated EBITDA” shall mean, for any period, Consolidated Net Income for such period plus , without
duplication and to the extent deducted in determining such Consolidated Net 
  

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Income for such period, the sum of (a) income tax expense, (b) interest expense, amortization or writeoff of debt discount and debt issuance costs and commissions, discounts and other
fees and charges associated with Indebtedness (including the Loans), (c) depreciation and amortization expense, (d) amortization of intangibles (including, but not limited to, goodwill) and organization costs and (e) any
extraordinary, unusual or non-recurring charges or losses, and minus , to the extent included in determining such Consolidated Net Income for such period, the sum of (a) interest income, (b) any extraordinary, unusual or
non-recurring income or gains (including, whether or not otherwise includable as a separate item in the statement of such Consolidated Net Income for such period, gains on the sales of assets outside of the ordinary course of business) and
(c) any other non-cash income, all as determined on a consolidated basis. 
 “Consolidated Interest
Expense” shall mean, for any period and without duplication, total interest expense (including that attributable to Capital Lease Obligations) of the Borrower and its Subsidiaries for such period with respect to all outstanding Indebtedness
of the Borrower and its Subsidiaries accrued or capitalized during such period (whether or not actually paid during such period) (including all commissions, discounts and other fees and charges owed with respect to standby letters of credit and
bankers’ acceptance financing and net costs under Swap Agreements in respect of interest rates to the extent such net costs are allocable to such period in accordance with GAAP), but excluding any interest expense for such period relating to
quarterly or monthly income preferred securities, quarterly income capital securities or other similar securities. 

“Consolidated Net Income” shall mean, for any period, the consolidated net income (or loss) of the Borrower and its
Subsidiaries, determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded (a) the income (or deficit) of any Person accrued prior to the date it becomes a Subsidiary of the Borrower or is merged into
or consolidated with the Borrower or any of its Subsidiaries, (b) the income (or deficit) of any Person (other than a Subsidiary of the Borrower) in which the Borrower or any of its Subsidiaries has an ownership interest, except to the extent
that any such income is actually received by the Borrower or such Subsidiary in the form of dividends or similar distributions and (c) the undistributed earnings of any Subsidiary of the Borrower to the extent that the declaration or payment of
dividends or similar distributions by such Subsidiary is not at the time permitted by the terms of any security issued by the Borrower or any of its Subsidiaries or of any agreement, instrument or other undertaking to which the Borrower or any of
its Subsidiaries is a party or by which any of them or their respective property is bound (other than under any Credit Document) or Requirement of Law applicable to such Subsidiary. 

“Continue”, “Continuation” and “Continued” shall refer to a continuation pursuant to
Section 2.06(c) of a LIBO Rate Loan from one Interest Period to the next Interest Period. 

“Control” shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the
management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

“Controlling Stock Disposition” has the meaning provided in Section 8.07. 

 

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 “Convert”, “Conversion” and “Converted”
shall refer to a conversion pursuant to Section 2.06(c) of one Type of Loans into the other Type of Loans, which may be accompanied by a transfer by a Lender (at its sole discretion) of a Loan from one Applicable Lending Office to
another). 
 “Credit Documents” shall mean this Agreement and the Notes, if any. 

“Credit Extension” shall mean the making of the Term Loan hereunder. 

“Default” shall mean an Event of Default or an event which with notice or lapse of time or both would become an Event of
Default. 
 “Disposition” shall have the meaning assigned to that term in Section 8.07(vi).

 “Disposition Period” shall mean, for any Disposition, a period of twelve months ending on the date of such
Disposition. 
 “Dollars” and “$” shall mean lawful money of the United States of America.

 “Effective Date” shall mean the date hereof. 

“Environmental Affiliate” shall mean, as to any Person, any other Person whose liability (contingent or otherwise) for
any Environmental Claim such Person may have retained, assumed or otherwise become liable (contingently or otherwise), whether by contract, operation of law or otherwise; provided that each Subsidiary of such Person, and each former
Subsidiary or division of such Person transferred to another Person, shall in any event be an “Environmental Affiliate” of such Person. 

“Environmental Claim” shall mean, with respect to any Person, any notice, claim, demand or other communication (whether
written or oral) by any other Person alleging or asserting liability of such Person for investigatory costs, cleanup costs, governmental response costs, damages to natural resources or other Property, personal injuries, fines or penalties arising
out of, based on or resulting from (a) the presence, or release into the environment, of any hazardous material at any location, whether or not owned by such Person, or (b) circumstances forming the basis of any violation, or alleged
violation, of any Environmental Law. 
 “Environmental Laws” shall mean any and all Federal, state, local and
foreign statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or other governmental restrictions relating to the environment or to emissions, discharges, releases
or threatened releases of pollutants, contaminants, chemicals or industrial, toxic or hazardous substances or wastes into the environment, including, without limitation, ambient air, surface water, ground water or land, or otherwise relating to the
manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of pollutants, contaminants, chemicals or industrial, toxic or hazardous substances or wastes. 

 

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 “ERISA” shall mean the Employee Retirement Income Security Act of 1974, as
amended from time to time. 
 “ERISA Affiliate” shall mean any trade or business (whether or not incorporated)
that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code, or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under
Section 414 of the Code. 
 “Event of Default” shall have the meaning assigned to that term in
Section 9. 
 “Federal Funds Rate” shall mean, for any day, the weighted average (rounded upwards, if
necessary, to the nearest 1/100th of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers on such day as published by the Federal Reserve Bank of New York on the
Business Day next succeeding such day, provided that (i) if the day for which such rate is to be determined is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business
Day as so published on the next succeeding Business Day, and (ii) if such rate is not so published for any day, the Federal Funds Rate for such day shall be the average (rounded upwards, if necessary, to the next 1/100 th of 1%) of the
quotations for such day for transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by it. 

“Fee Letter” means the letter agreement dated August 26, 2008 among the Borrower, Bank of America, BAS, JPMCB and
JPMorgan. 
 “Fitch” shall mean Fitch Investors Services, Inc. or any successor thereto. 

“Fitch Rating” shall mean, as of any date, the rating most recently published by Fitch relating to the unsecured,
long-term, senior debt securities of the Borrower. 
 “GAAP” shall mean generally accepted accounting
principles applied on a basis consistent with those which, in accordance with the last sentence of Section 1.02(a) , are to be used in making the calculations for purposes of determining compliance with the provisions of this Agreement.

 “Governmental Authority” shall mean any nation or government, any state or other political subdivision
thereof, any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative functions of or pertaining to government, any securities exchange
and any self-regulatory organization. 
 “Guarantee” of any Person shall mean any guarantee, endorsement,
contingent agreement to purchase or to furnish funds for the payment or maintenance of, or any other contingent liability on or with respect to, the Indebtedness, other obligations, net worth, working capital or earnings of any other Person
(including, without limitation, the liability of such Person in respect of the Indebtedness of any partnership of which such Person is a general partner), or the 

 

 6 

 
guarantee by such Person of the payment of dividends or other distributions upon the stock of any other Person, or the agreement by such Person to purchase, sell or lease (as lessee or lessor)
property, products, materials, supplies or services primarily for the purpose of enabling any other Person to make payment of its obligations or to assure a creditor against loss, and the verb “Guarantee” shall have a correlative
meaning, provided that the term “Guarantee” shall not include endorsements for collection or deposits in the ordinary course of business. 

“Indebtedness” shall mean, as to any Person at any date (without duplication): (i) indebtedness created, issued,
incurred or assumed by such Person for borrowed money or evidenced by bonds, debentures, notes or similar instruments; (ii) all obligations of such Person to pay the deferred purchase price of property or services, excluding, however, trade
accounts payable (other than for borrowed money) arising in, and accrued expenses incurred in, the ordinary course of business of such Person so long as such trade accounts payable are paid within 120 days of the date the respective goods are
delivered or the services are rendered; (iii) all Indebtedness of others secured by a Lien on any asset of such Person, whether or not such Indebtedness is assumed by such Person; (iv) all Indebtedness of others Guaranteed by such Person;
(v) all Capital Lease Obligations; (vi) reimbursement obligations of such Person (whether contingent or otherwise) in respect of bankers acceptances, surety or other bonds and similar instruments (other than commercial, standby or
performance letters of credit); (vii) unpaid reimbursement obligations of such Person (other than contingent obligations) in respect of commercial, standby or performance letters of credit; and (viii) debt securities or obligations
(including preferred debt securities) issued in connection with Permitted Securitizations included as indebtedness in accordance with GAAP on a consolidated balance sheet of such Person. 

“Interest Coverage Ratio” shall mean, as at any date of determination thereof, the ratio of (a) Consolidated EBITDA
for the period of four consecutive fiscal quarters ending on or most recently ended prior to such date to (b) Consolidated Interest Expense for such period. 

“Interest Period” shall mean, with respect to any LIBO Rate Loan, each period commencing on the date such LIBO Rate Loan
is made or Converted from a Loan of another Type or the last day of the next preceding Interest Period for such Loan and ending on the numerically corresponding day in the first, second, third or sixth calendar month thereafter, as the Borrower may
select as provided in Section 2.02 , except that each Interest Period that commences on the last Business Day of a calendar month (or on any day for which there is no numerically corresponding day in the appropriate subsequent calendar
month) shall end on the last Business Day of the appropriate subsequent calendar month. Notwithstanding the foregoing: (i) if any Interest Period would otherwise commence before and end after the Maturity Date, such Interest Period shall not be
available hereunder; (ii) each Interest Period which would otherwise end on a day which is not a Business Day shall end on the next succeeding Business Day (or, in the case of an Interest Period for any LIBO Rate Loans, if such next succeeding
Business Day falls in the next succeeding calendar month, on the next preceding Business Day); and (iii) notwithstanding clause (i) above, no Interest Period for any LIBO Rate Loans shall have a duration of less than one month and, if the
Interest Period for any such Loans would otherwise be a shorter period, such Loans shall not be available hereunder. 

“JPMCB” shall mean JPMorgan Chase Bank, N.A. 

 

 7 

 “JPMorgan” shall mean J.P. Morgan Securities Inc., in its capacity as a
joint lead arranger and joint bookrunner. 
 “Jurisdiction” shall mean, with respect to the Borrower, the
country or countries (including any political subdivision or taxing authority thereof or therein) under whose laws the Borrower is organized or where the Borrower is domiciled, resident or licensed or otherwise qualified to do business or where any
significant part of the Property of the Borrower is located. 
 “LIBO Rate” shall mean, for any Interest Period
for any LIBO Rate Loan, the rate for deposits with a maturity comparable to such Interest Period commencing on the first day of such Interest Period equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by
Reuters (or other commercially available source providing quotations of BBA LIBOR as designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, on the Quotation Date. If such rate is not available at
such time for any reason, then the “LIBO Rate” for such Interest Period shall be the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for delivery on the first day of such Interest Period in
same day funds in the approximate amount of the LIBO Rate Loan being made, continued or converted by Bank of America and with a term equivalent to such Interest Period would be offered by Bank of America’s London Branch to major banks in the
London interbank eurodollar market at their request at approximately 11:00 a.m. (London time) two Business Days prior to the commencement of such Interest Period. 

“LIBO Rate Loans” shall mean Loans the interest rates on which are determined on the basis of Adjusted LIBO Rates.

 “Lien” shall mean, with respect to any asset, any mortgage, lien, pledge, charge, security interest or
encumbrance of any kind in respect of such asset. For the purposes of this Agreement, the Borrower or any Subsidiary shall be deemed to own subject to a Lien any asset which it has acquired or holds subject to the interest of a vendor or lessor
under any conditional sale agreement, capital lease or other title retention agreement relating to such asset. 

“Loans” means an extension of credit by a Lender to the Borrower under Article II in the form of a portion of the
Term Loan. 
 “Loan Notice” means a notice of (a) a borrowing of the Term Loan pursuant to
Section 2.02(a) , (b) a conversion of Loans from one type to the other pursuant to Section 2.06 (c) a continuation of LIBO Rate Loans pursuant to Section 2.06(c) , which, if in writing, shall be
substantially in the form of Exhibit A. 
 “Majority Lenders” shall mean, at any time, Lenders
holding in the aggregate more than 50% of the outstanding Term Loan at such time. 
 “Mandatory Cost” shall
mean, with respect to any Lender, the cost, if any, imputed to such Lender of compliance with the cash ratio and special deposit requirements of the Bank of England and/or the banking supervision or other costs imposed by the Financial Services
Authority during the relevant period, as determined by the Bank of England and/or Financial Services Authority during such relevant period. 
  

 8 

 “Material Adverse Effect” shall mean a material adverse effect on
(i) the consolidated financial condition, operations, business or prospects of the Borrower and its Subsidiaries (taken as a whole), (ii) the ability of the Borrower to perform its obligations under any of the Credit Documents or
(iii) the validity or enforceability of any of the Credit Documents. 
 “Maturity Date” shall mean
September 19, 2011. 
 “Moody’s” shall mean Moody’s Investors Service, Inc. or any successor
thereto. 
 “Moody’s Rating” shall mean, as of any date, the rating most recently published by
Moody’s relating to the unsecured, long-term, senior debt securities of the Borrower. 
 “Multiemployer
Plan” shall mean a multiemployer plan as defined in Section 4001(a)(3) of ERISA. 
 “Net Worth”
shall mean, at any time, the consolidated stockholders’ equity of the Borrower and its Subsidiaries determined on a consolidated basis without duplication in accordance with GAAP. 

“Non-Strategic Property” shall mean (a) Property related to the Borrower’s (i) Rubbermaid Home
Product’s insulated products (e.g. coolers and totes, etc.), outdoor shed and storage solutions businesses and (ii) Ashland Hardware Systems business and (b) Property acquired as part of the acquisition of a business that is
designated by resolution of the Board of Directors of the Borrower adopted no later than six months after such acquisition as non-strategic Property. 

“Notes” shall mean the promissory notes provided for by Section 2.05(d). 

“Participant” has the meaning provided in Section 11.05(c)(i). 

“Payor” has the meaning provided in Section 4.04. 

“PBGC” shall mean the Pension Benefit Guaranty Corporation or any entity succeeding to any or all its functions under
ERISA. 
 “Permitted Activities” has the meaning provided in Section 8.09. 

“Permitted Securitization” shall mean any transaction or series of transactions that may be entered into by the Borrower
or any of its Subsidiaries pursuant to which the Borrower or such Subsidiary, as the case may be, may sell, convey or otherwise transfer, or grant a security interest in, any receivables (whether now existing or arising in the future) of the
Borrower or any of its Subsidiaries and any assets related thereto, including all collateral securing such receivables, all contracts and all guarantees or other obligations in respect of such receivables

  

 9 

 
and the proceeds of such receivables; provided that (a) there shall be no recourse under such securitization to the Borrower or any of its other Subsidiaries other than pursuant to
Standard Securitization Undertakings and (b) the Administrative Agent shall be reasonably satisfied that the terms of such securitization are in compliance with the terms of this Agreement. 

“Person” shall mean an individual, a corporation, a company, a limited liability company, a voluntary association, a
partnership, a trust, an unincorporated organization or a government or any agency, instrumentality or political subdivision thereof. 

“Plan” shall mean any employee pension benefit plan (other than a Multiemployer Plan) which is or was established,
sponsored, maintained or contributed to, by the Borrower or any ERISA Affiliate and is or was subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA. 

“Platform” has the meaning provided in Section 8.01. 

“Post-Default Rate” shall mean, in respect of any principal of any Loan or any other amount payable by the Borrower
under this Agreement or any Note which is not paid when due (whether at stated maturity, by acceleration or otherwise), a rate per annum during the period commencing on the due date until such amount is paid in full equal to the sum of 2% plus the
Base Rate as in effect from time to time plus the Applicable Margin for Base Rate Loans ( provided that, if such amount in default is principal of a LIBO Rate Loan and the due date is a day other than the last day of the Interest Period
therefor, the “Post-Default Rate“ for such principal shall be, for the period commencing on the due date and ending on the last day of the Interest Period therefor, 2% above the interest rate for such Loan as provided in
Section 3.02 and, thereafter, the rate provided for above in this definition). 
 “Prime Rate”
shall mean a rate set by Bank of America based upon various factors including Bank of America’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be
priced at, above, or below such announced rate. Any change in the Prime Rate announced by Bank of America shall take effect at the opening of business specified in the public announcement of such change. 

“Property” shall mean any right or interest in or to property of any kind whatsoever, whether real, personal or mixed
and whether tangible or intangible (including, without limitation, shares of capital stock). 
 “Proposed
Lender” has the meaning provided in Section 5.07. 
 “Quarterly Dates” shall mean the last
Business Day of each March, June, September and December, the first of which shall be the first such day after the Effective Date. 

“Quotation Date” shall mean, for any Interest Period, the date two Business Days prior to the commencement of such
Interest Period. 
  

 10 

 “Rating” shall mean the Moody’s Rating, the Standard &
Poor’s Rating or the Fitch Rating. 
 “Rating Agency” shall mean Moody’s, Standard &
Poor’s or Fitch. 
 “Rating Group I” shall mean any two of the following: the Moody’s Rating is at or
above A2, the Standard & Poor’s Rating is at or above A or the Fitch Rating is at or above A; “Rating Group II” shall mean (a) any two of the following: the Moody’s Rating is at or above A3, the
Standard & Poor’s Rating is at or above A- or the Fitch Rating is at or above A- and (b) Rating Group I is not in effect; “Rating Group III” shall mean (a) any two of the following: the Moody’s Rating is
at or above Baa1, the Standard & Poor’s Rating is at or above BBB+ or the Fitch Rating is at or above BBB+ and (b) neither Rating Group I nor Rating Group II is in effect; 

“Rating Group IV” shall mean (a) any two of the following: the Moody’s Rating is at or above Baa2, the
Standard & Poor’s Rating is at or above BBB or the Fitch Rating is at or above BBB and (b) neither Rating Group I, Rating Group II nor Rating Group III is in effect; “Rating Group V” shall mean (a) any two of
the following: the Moody’s Rating is at or above Baa3, the Standard & Poor’s Rating is at or above BBB- or the Fitch Rating is at or above BBB- and (b) neither Rating Group I, Rating Group II, Rating Group III nor Rating
Group IV is in effect; 
 “Rating Group VI” shall mean none of Rating Group I, Rating Group II, Rating Group
III, Rating Group IV and Rating Group V is in effect; provided that (i) if at any time the Company has two or three Ratings falling within two different Rating Groups that are one Rating Group apart, the relevant Rating Group for
purposes of determining the Applicable Margin shall be the Rating Group for the higher of the Moody’s Rating (if any) or the Standard & Poor’s Rating (if any), (ii) if at any time the Company has two or three Ratings falling
within different Rating Groups that are two or more Rating Groups apart, the relevant Rating Group for purposes of determining the Applicable Margin shall be the Rating Group that is one level above the Rating Group for the lower (or the lowest, as
the case may be) of such Ratings and (iii) for this purpose of this proviso, Rating Group I is higher than Rating Group II, Rating Group II is higher than Rating Group III, Rating Group III is higher than Rating Group IV, Rating Group IV is
higher than Rating Group V and Rating Group V is higher than Rating Group VI). 
 “Register” shall have the
meaning assigned to that term in Section 11.05. 
 “Regulation D” shall mean Regulation D
of the Board of Governors of the Federal Reserve System (or any successor), as the same may be amended or supplemented from time to time. 

“Regulatory Change” shall mean, with respect to any Lender, any change after the date hereof, in United States Federal,
state or foreign law or regulations (including Regulation D) or the adoption or making after such date of any interpretations, directives or requests applying to a class of banks including such Lender of or under any United States Federal,
state or foreign law or regulations (whether or not having the force of law) by any court or governmental or monetary authority charged with the interpretation or administration thereof. 

 

 11 

 “Related Parties” means, with respect to any Person, such Person’s
Affiliates and the partners, directors, officers, employees, agents and advisors of such Person and of such Person’s Affiliates. 

“Requesting Lender” has the meaning set forth in Section 5.07. 

“Required Payment” has the meaning provided in Section 4.04. 

“Requirement of Law” shall mean, as to any Person, the Certificate of Incorporation and By-Laws or other organizational
or governing documents of such Person, and any law, treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which
such Person or any of its property is subject. 
 “Reserve Requirement” shall mean, for any Interest Period for
any LIBO Rate Loan, the effective maximum rate at which reserves (including any marginal, supplemental or emergency reserves) are required to be maintained during such Interest Period under Regulation D by member banks of the Federal Reserve
System in New York City with deposits exceeding one billion Dollars against “Eurocurrency liabilities” (as such term is used in Regulation D). Without limiting the effect of the foregoing, the Reserve Requirement shall reflect any
other reserves required to be maintained by such member banks by reason of any Regulatory Change against (i) any category of liabilities which includes deposits by reference to which the LIBO Rate is to be determined or (ii) any category
of extensions of credit or other assets which includes LIBO Rate Loans. 
 “Revolving Credit Agreement” means
that certain credit agreement dated as of November 14, 2005, by and between the Borrower, each of the lenders from time to time party thereto and JPMCB, as administrative agent, as amended or modified from time to time. 

“Significant Subsidiary” shall mean, at any time, any Subsidiary of the Borrower if the revenues of
such Subsidiary and its Subsidiaries for the four consecutive fiscal quarters of such Subsidiary most recently ended (determined on a consolidated basis without duplication in accordance with GAAP and whether or not such Person was a Subsidiary of
the Borrower during all or any part of the fiscal period of the Borrower referred to below) exceed an amount equal to
7 1/2 % of the revenues of the Borrower and its
Subsidiaries for the four consecutive fiscal quarters of the Borrower most recently ended (determined on a consolidated basis without duplication in accordance with GAAP and including such Subsidiary and its Subsidiaries on a pro forma basis if such
Subsidiary was not a Subsidiary of the Borrower). 
 “Standard & Poor’s” shall mean
Standard & Poor’s Ratings Services, or any successor thereto. 
 “Standard and Poor’s
Rating” shall mean, as of any date, the rating most recently published by Standard & Poor’s relating to the unsecured, long-term, senior debt securities of the Borrower. 

 

 12 

 “Standard Securitization Undertakings” shall mean representations,
warranties, covenants and indemnities entered into by the Borrower or any Subsidiary that are reasonably customary in the non-recourse securitization of receivables transactions. 

“Subsidiary” of any Person shall mean any corporation, partnership, limited liability company or other entity of which
at least a majority of the outstanding shares of stock or other ownership interests having by the terms thereof ordinary voting power to elect a majority of the board of directors or other persons performing similar functions of such corporation,
partnership, limited liability company or other entity (irrespective of whether or not at the time stock or other ownership interests of any other class or classes of such corporation, partnership, limited liability company or other entity shall
have or might have voting power by reason of the happening of any contingency) is at the time directly or indirectly owned or controlled by such Person and/or one or more of the Subsidiaries of such Person.“Wholly-Owned Subsidiary”
shall mean any such corporation, partnership, limited liability company or other entity of which all such shares or other ownership interests, other than directors’ qualifying shares or shares held by nominees to satisfy any requirement as to
minimum number of shareholders, are so owned or controlled. 
 “Swap Agreement” shall mean any agreement with
respect to any swap, forward, future or derivative transaction or option or similar agreement involving, or settled by reference to, one or more rates, currencies, commodities, equity or debt instruments or securities, or economic, financial or
pricing indices or measures of economic, financial or pricing risk or value or any similar transaction or any combination of these transactions; provided that no phantom stock or similar plan providing for payments only on account of services
provided by current or former directors, officers, employees or consultants of the Borrower or any of its Subsidiaries shall be a “Swap Agreement”. 

“Taxes” shall have the meaning assigned to that term in Section 5.06(a). 

“Term Loan” shall have the meaning assigned to that term in Section 2.01. 

“Total Capital” shall mean the sum of (i) Net Worth plus (ii) Total Indebtedness. 

“Total Consolidated Assets” shall mean, as at any time, the total of all the assets appearing on a consolidated balance
sheet of the Borrower and its Subsidiaries determined in accordance with generally accepted accounting principles applicable to the type of business in which the Borrower and such Subsidiaries are engaged, and may be determined as of a date,
selected by the Borrower, not more than sixty days prior to the happening of the event for which such determination is being made. 

“Total Indebtedness” shall mean, as at any time, the total Indebtedness of the Borrower and its Subsidiaries determined
on a consolidated basis without duplication. 
 “Type” shall have the meaning assigned to that term in
Section 1.03. 
 “Wholly-Owned Subsidiary” shall have the meaning assigned to that term in the
definition of the term “Subsidiary”. 
  

 13 

 1.02 Accounting Terms and Determinations. (a) All accounting terms used
herein shall be interpreted, and, unless otherwise disclosed to the Lenders in writing at the time of delivery thereof in the manner described in subsection (b) below, all financial statements and certificates and reports as to financial
matters required to be delivered to the Lenders hereunder shall be prepared, in accordance with generally accepted accounting principles applied on a basis consistent with those used in the preparation of the latest financial statements furnished to
the Lenders hereunder after the date hereof (or, until such financial statements are furnished, consistent with those used in the preparation of the financial statements referred to in Section 7.02(a) ). All calculations made for the
purposes of determining compliance with the terms of Sections 8.07(a)(vi) , 8.10 and 8.11 shall, except as otherwise expressly provided herein, be made by application of generally accepted accounting principles applied on a
basis consistent with those used in the preparation of the annual or quarterly financial statements furnished to the Lenders pursuant to Section 8.01 (or, until such financial statements are furnished, consistent with those used in the
preparation of the financial statements referred to in Section 7.02(a) ) unless (i) the Borrower shall have objected to determining such compliance on such basis at the time of delivery of such financial statements or (ii) the
Majority Lenders shall so object in writing within 30 days after delivery of such financial statements, in either of which events such calculations shall be made on a basis consistent with those used in the preparation of the latest financial
statements as to which such objection shall not have been made (which, if objection is made in respect of the first financial statements delivered under Section 8.01 , shall mean the financial statements referred to in
Section 7.02(a) ). 
 (b) The Borrower shall deliver to the Lenders at the same time as the delivery of any
annual or quarterly financial statement under Section 8.01 (i) a description in reasonable detail of any material variation between the application of accounting principles employed in the preparation of such statement and the
application of accounting principles employed in the preparation of the next preceding annual or quarterly financial statements as to which no objection has been made in accordance with the last sentence of subsection (a) above and
(ii) reasonable estimates of the difference between such statements arising as a consequence thereof. 
 (c) To enable
the ready and consistent determination of compliance with the covenants set forth in Section 8 , the Borrower shall not change the last day of its fiscal year from December 31, or the last days of the first three fiscal quarters in
each of its fiscal years from March 31, June 30 and September 30, respectively. 
 1.03 Types of
Loans. Loans hereunder are distinguished by “Type”. The “Type” of a Loan refers to whether such Loan is a Base Rate Loan or a LIBO Rate Loan, each of which constitutes a Type. 

1.04 Terms Generally. The definitions of terms herein shall apply equally to the singular and plural forms of the terms
defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the phrase
“without limitation”. The word “will” shall be construed to have the same meaning and effect as the word “shall”. Unless the context requires otherwise (a) any definition of or reference to any agreement,

  

 14 

 
instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to
any restrictions on such amendments, supplements or modifications set forth herein), (b) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (c) the words “herein”,
“hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all references herein to Sections, Annexes, Exhibits and
Schedules shall be construed to refer to Sections of, and Annexes, Exhibits and Schedules to, this Agreement and (e) the words “asset” and “property” shall be construed to have the same meaning and effect and
to refer to any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights. 

SECTION 2 

TERM LOAN. 

2.01 Term Loan. Subject to the terms and conditions set forth herein, each Lender severally agrees to
make its portion of a term loan (the “Term Loan”) to the Borrower in Dollars on the Effective Date in an amount not to exceed such Lender’s Term Loan Commitment. Amounts repaid on the Term Loan may not be reborrowed. The Term Loan may
consist of Base Rate Loans or LIBO Rate Loans or a combination thereof, as further provided herein. 
 2.02
Borrowing of the Term Loan. 
 (a) The borrowing of the Term Loan shall be made upon the
Borrower’s irrevocable notice to the Administrative Agent, which may be given by telephone. Such notice must be received by the Administrative Agent not later than 11:00 a.m. (i) three Business Days prior to the requested date of such
borrowing if the borrowing will consist of LIBO Rate Loans, and (ii) one Business Day prior to such borrowing if the borrowing will consist of Base Rate Loans. Such telephonic notice by the Borrower pursuant to this Section 2.02(a)
must be confirmed promptly by delivery to the Administrative Agent of a written Loan Notice, appropriately completed and signed by an authorized officer of the Borrower. Such Loan Notice (whether telephonic or written) shall specify (i) the
requested date of the borrowing (which shall be a Business Day), (ii) the principal amount of the Term Loan to be borrowed, (iii) the Type to be borrowed, and (iv) if applicable, the duration of the Interest Period with respect
thereto. If the Borrower fails to specify the Type of the Term Loan in such Loan Notice, then the Term Loan shall be made as a Base Rate Loan. If the Borrower requests a borrowing of a LIBO Rate Loan in such Loan Notice, but fails to specify an
Interest Period, it will be deemed to have specified an Interest Period of one month. 
 (b) Following receipt of such Loan
Notice, the Administrative Agent shall promptly notify each Lender of the amount of its Applicable Percentage of the Term Loan. Each Lender shall make the amount of its Term Loan available to the Administrative Agent in immediately available funds
at the Administrative Agent’s Office not later than 1:00 p.m. New York time on the Business Day specified in such Loan Notice. Upon satisfaction of the applicable conditions set forth in Section 6.01 and Section 6.02 ,
the Administrative Agent shall make all funds so 
  

 15 

 
received available to the Borrower in immediately available funds either by (i) crediting the account of the Borrower on the books of Bank of America with the amount of such funds or
(ii) wire transfer of such funds to an account or accounts of the Borrower, in each case in accordance with instructions provided to the Administrative Agent by the Borrower. 

2.03 Fees. The Borrower agrees to pay to the Administrative Agent and BAS, for their own respective accounts fees in the
amounts and at the times specified in the Fee Letter and the Administrative Agent Fee Letter. Such fees shall be fully earned when paid and shall be non-refundable for any reason whatsoever. 

2.04 Several Obligations; Remedies Independent. The failure of any Lender to make its portion of the Term Loan to be made
by it on the date specified therefor shall not relieve any other Lender of its obligation to make its portion of the Term Loan on such date, and no Lender shall be responsible for the failure of any other Lender to make its portion of the Term Loan
to be made by such other Lender. The amounts payable by the Borrower at any time hereunder and under its Notes to each Lender shall be a separate and independent debt and each Lender shall be entitled to protect and enforce its rights arising out of
this Agreement and the Notes, and it shall not be necessary for any other Lender or the Administrative Agent to consent to, or be joined as an additional party in, any proceedings for such purposes. 

2.05 Evidence of Debt. (a) Each Lender shall maintain in accordance with its usual practice an account or accounts
evidencing the indebtedness of the Borrower to such Lender resulting from its portion of the Term Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder. 

(b) The Administrative Agent shall maintain accounts in which it shall record (i) the date, amount, maturity date and interest
rate of each Loan hereunder, the Type thereof and the Interest Period (if any) applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and
(iii) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender’s share thereof. 

(c) The entries made in the accounts maintained pursuant to clause (a) or (b) of this Section 2.05 shall be
prima facie evidence of the existence and amounts of the obligations recorded therein; provided that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the
obligation of the Borrower to repay the Loans in accordance with the terms of this Agreement. 
 (d) Any Lender may request
that the portion of the Term Loan made by it to the Borrower be evidenced by a promissory note of the Borrower. In such event, the Borrower shall prepare, execute and deliver to such Lender one or more promissory notes payable to the order of such
Lender and in a form approved by the Administrative Agent (the “Notes”). 
 2.06 Prepayments; Conversions
and Continuations. (a) The Term Loan may be prepaid in whole or in part without premium or penalty upon not less than (i) (in the case of Base Rate Loans) one Business Day’s, and (ii) (in the case of LIBO Rate Loans)
three Business Days’, 
  

 16 

 
prior notice to the Administrative Agent (which shall promptly notify the Lenders). Each notice shall specify the prepayment date (which shall be a Business Day) and the Type(s) of Loans to be
prepaid and the amount of the prepayment and shall be irrevocable and effective only upon receipt by the Administrative Agent not later than 11:00 a.m. New York time on the number of Business Days specified above prior to the relevant date of
prepayment. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and the amount of such Lender’s Applicable Percentage of such prepayment. 

(b) If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice
shall be due and payable on the date specified therein. Any prepayment of a LIBO Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 5.05. Each
such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Applicable Percentages. Each such prepayment of the Term Loan shall be applied to the remaining principal amortization payments thereof on a pro rata
basis. 
 (c) The Borrower shall have the right to Convert Loans of one Type into Loans of another Type or Continue LIBO
Rate Loans as such at any time or from time to time, upon not less than (i) (in the case of any Conversion into Base Rate Loans) one Business Day’s, and (ii) (in the case of any Conversion into, or Continuation as, LIBO Rate Loans),
three Business Days’, prior notice to the Administrative Agent (which shall promptly notify the Lenders), which notice may be given by telephone and shall specify the amount (which shall be in integral multiples of $1,000,000) and Type of each
Loan to be Converted or Continued (and, in the case of Conversion, the Type of Loan to result from such Conversion), the duration of the Interest Period for any LIBO Rate Loans to be Continued or to result from such Conversion, and the date of
Conversion or Continuation (which shall be a Business Day) and shall be irrevocable and effective only upon receipt by the Administrative Agent not later than 11:00 a.m. New York time on the number of Business Days specified above prior to the
relevant date of Conversion or Continuation. Each telephonic notice by the Borrower pursuant to this Section 2.06(c) must be confirmed promptly by delivery to the Administrative Agent of a written Loan Notice. In the event that the
Borrower fails to select the Type of Loan or the duration of any Interest Period for any LIBO Rate Loan, within the time period specified above, such Loan (if outstanding as a LIBO Rate Loan) will be automatically Converted into a Base Rate Loan on
the last day of the then current Interest Period for such Loan or (if outstanding as a Base Rate Loan) will remain as, a Base Rate Loan. 

(d) The Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Interest
Period for LIBO Rate Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the Borrower and the Lenders of any change in Bank of America’s prime rate used in
determining the Base Rate promptly following the public announcement of such change. 
 (e) After giving effect to the
borrowing of the Term Loan, all Conversions of Loans from one Type to the other, and all Continuations of Loans as the same Type, there shall not be more than 5 Interest Periods in effect with respect to all Loans. 

 

 17 

 SECTION 3 

PAYMENTS OF PRINCIPAL AND INTEREST 

3.01 Repayment of Loans. The Borrower shall repay the outstanding principal amount of the Term Loan in installments on the
dates and in the amounts set forth in the table set forth below (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.06(a) : 

 

			
	 Payment Dates
	 	 Principal Amortization Payment

	 September 19, 2009
	 	$50,000,000
	 September 19, 2010
	 	$100,000,000
	 Maturity Date
	 	Outstanding Principal Balance of Term Loan

3.02 Interest. (a) The Borrower hereby promises to pay to the Administrative Agent for account of each Lender interest
on the unpaid principal amount of the Term Loan, for the period commencing on the date of the Term Loan to but excluding the date the Term Loan shall be paid in full, at the following rates per annum: 

(i) during such period as any portion of the Term Loan is a Base Rate Loan, the Base Rate (as in effect from time to time)
plus, the Applicable Margin; and 
 (ii) during such period as any portion of the Term Loan is a LIBO Rate Loan,
for each Interest Period relating thereto, the LIBO Rate for such portion of the Term Loan for such Interest Period plus the Applicable Margin. 

Notwithstanding the foregoing, the Borrower hereby promises to pay to the Administrative Agent for account of each Lender interest at the
applicable Post-Default Rate on any principal of the Term Loan made by such Lender to the Borrower, and (to the fullest extent permitted by law) on any other amount payable by the Borrower hereunder or under the Note held by such Lender to or for
account of such Lender, which shall not be paid in full when due (whether at stated maturity, by acceleration or otherwise), for the period commencing on the due date thereof until the same is paid in full. 

(b) Accrued interest on the Term Loan shall be payable (i) (in the case of a Base Rate Loan) quarterly on the Quarterly Dates,
(ii) in the case of a LIBO Rate Loan, on the last day of each Interest Period therefor and, if such Interest Period is longer than three months, at three-month intervals following the first day of such Interest Period and (iii) (in the
case of any LIBO Rate Loan Converted into a Base Rate Loan pursuant to Section 2.06(c) ) on the date of Conversion (but only on the principal amount so Converted), except that interest payable at the Post-Default Rate shall be payable
from time to time on demand. 
  

 18 

 (c) Promptly after the determination of any Adjusted LIBO Rate provided for herein, the
Administrative Agent shall (i) notify the Lenders to which interest at such Adjusted LIBO Rate is payable and the Borrower thereof and (ii) at the request of the Borrower, furnish to the Borrower a copy of publication by Reuters (or other
commercially available source providing quotations of BBA LIBOR as designated by the Administrative Agent) on the basis of which the relevant LIBO Rate was determined. At any time that the Administrative Agent determines the Adjusted LIBO Rate on a
basis other than using the BBA LIBOR as published by Reuters, the Administrative Agent shall promptly notify the Borrower and provide information in reasonable detail as to such determination. 

SECTION 4 

PAYMENTS; PRO RATA TREATMENT; COMPUTATIONS; ETC. 

4.01 Payments. (a) Except to the extent otherwise provided herein, all payments of principal of and interest on Loans
payable by the Borrower under this Agreement and the Notes, shall be made in Dollars, in immediately available funds, without deduction, set-off or counterclaim, to the Administrative Agent’s Account, for account of the Lenders, not later than
2:00 p.m. New York time, on the date on which such payment shall become due (each such payment made after such time on such due date to be deemed to have been made on the next succeeding Business Day). 

(b) If the Borrower shall default in the payment when due of any principal, interest or other amounts to be made by the Borrower
under this Agreement or the Notes, any Lender for whose account any such payment is to be made may (but shall not be obligated to) debit the amount of any such payment due such Lender which is not made by such time to any ordinary deposit account of
the Borrower with such Lender (with notice to the Borrower and the Administrative Agent). 
 (c) The Borrower shall, at the
time of making each payment under this Agreement or any Note for account of any Lender, specify to the Administrative Agent the Loans or other amounts payable by the Borrower hereunder to which such payment is to be applied (and in the event that
the payor fails to so specify, or if an Event of Default has occurred and is continuing, such Lender may apply such payment received by it from the Administrative Agent to such amounts then due and owing to such Lender as such Lender may determine).

 (d) Each payment received by the Administrative Agent under this Agreement or any Note for account of any Lender shall
be paid promptly to such Lender, in immediately available funds. 
 (e) If the due date of any payment under this Agreement
or any Note would otherwise fall on a day which is not a Business Day such date shall be extended to the next succeeding Business Day and interest shall be payable for any principal so extended for the period of such extension. 

 

 19 

 4.02 Pro Rata Treatment. Except to the extent otherwise provided herein:
(a) the borrowing from the Lenders of the Term Loan under Section 2.01 shall be made from the Lenders, pro rata according to the amounts of their respective Commitments, and the Conversion or Continuation of Loans of a particular
Type (other than Conversions provided for by Section 5.04 ) shall be made pro rata among the relevant Lenders according to their respective Commitments; (b) each payment of principal of the Term Loan by the Borrower shall be made
for account of the Lenders pro rata in accordance with the respective unpaid principal amount of the Term Loan held by the Lenders; and (c) each payment of interest on the Term Loan by the Borrower shall be made for account of the Lenders pro
rata in accordance with the amounts of interest due and payable to the respective Lenders; provided that, if an Event of Default shall have occurred and be continuing, each payment of principal of and interest on the Term Loan and other
amounts owing hereunder by the Borrower shall be made for account of the Lenders pro rata in accordance with the aggregate amounts of all principal of and interest on the Term Loan and all other amounts owing hereunder by the Borrower then due and
payable to the respective Lenders. 
 4.03 Computations. Interest on Term Loan shall be computed on the basis of a
year of 360 days and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable; provided that interest on Base Rate Loans shall be computed on the basis of a year of 365 or
366 days, as the case may be, and actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable. 
  

 20 

 4.04 Non-Receipt of Funds by the Administrative Agent. Unless the
Administrative Agent shall have been notified by a Lender or the Borrower (each, a “Payor”) prior to the time by, and on the date on, which such Payor is scheduled to make payment to the Administrative Agent of (in the case of a
Lender) a payment to be made by it hereunder or (in the case of the Borrower) a payment to the Administrative Agent for account of one or more of the Lenders hereunder (such payment being herein called the “Required Payment”), which
notice shall be effective upon receipt, that it does not intend to make the Required Payment to the Administrative Agent, the Administrative Agent may assume that the Required Payment has been made and may, in reliance upon such assumption (but
shall not be required to), make the amount thereof available to the intended recipient(s) on such date; and, if the Payor has not in fact made the Required Payment to the Administrative Agent, the recipient(s) of such payment shall, on demand, repay
to the Administrative Agent the amount so made available together with interest thereon in respect of each day during the period commencing on the date such amount was so made available by the Administrative Agent to but not including the date the
Administrative Agent recovers such amount (the “Advance Period”) at a rate per annum equal to (a) if the recipient is the Borrower, the Base Rate in effect on such day and (b) if the recipient is a Lender, the Federal
Funds Rate in effect on such day; and, if such recipient(s) shall fail promptly to make such payment, the Administrative Agent shall be entitled to recover such amount, on demand, from the Payor, together with interest thereon for each day during
the Advance Period at a rate per annum equal to (i) if the Payor is the Borrower, the rate of interest payable on the Required Payment as provided in the second sentence of Section 3.02(a) and (ii) if the Payor is a Lender,
during the period commencing on the date such amount was so made available to but excluding the date three Business Days following such date, the Federal Funds Rate in effect on such day and, thereafter, the Base Rate in effect on such day.

 4.05 Set-off; Sharing of Payments. (a) The Borrower agrees that, in addition to (and without limitation
of) any right of set-off, bankers’ lien or counterclaim a Lender may otherwise have, each Lender and each of its Affiliates shall be entitled, at its option, to offset balances held by it for account of the Borrower at any of its offices,
against any principal of or interest on any of such Lender’s Loans which is not paid when due (regardless of whether such balances are then due to the Borrower) in which case it shall promptly notify the Borrower and the Administrative Agent
thereof, provided that such Lender’s failure to give such notice shall not affect the validity thereof. 

(b) If any Lender shall obtain payment of any principal of or interest on that portion of the Term Loan made by it under this
Agreement through the exercise of any right of set-off, bankers’ lien or counterclaim or similar right or otherwise, and, as a result of such payment, such Lender shall have received a greater percentage of the amounts then due hereunder to
such Lender in respect of the Term Loan than the percentage received by any other Lenders, it shall promptly purchase from such other Lenders participations in (or, if and to the extent specified by such Lender, direct interests in) the portion of
the Term Loan made by such other Lenders (or in the interest thereon, as the case may be) in such amounts, and make such other adjustments from time to time as shall be equitable, to the end that all the Lenders shall share the benefit of such
excess payment (net of any expenses which may be incurred by such Lender in obtaining or preserving such excess payment) pro rata in accordance with the unpaid principal and interest on the portion of the Term Loan held by each of the Lenders. To
such end all the Lenders shall 
  

 21 

 
make appropriate adjustments among themselves (by the resale of participations sold or otherwise) if such payment is rescinded or must otherwise be restored. The Borrower agrees that any Lender
so purchasing a participation (or direct interest) in the portion of the Term Loan made by other Lenders (or in the interest thereon, as the case may be) may exercise all rights of set-off, bankers’ lien, counterclaim or similar rights with
respect to such participation as fully as if such Lender were a direct holder of a portion of the Term Loan (or in the interest thereon, as the case may be) in the amount of such participation. Nothing contained herein shall require any Lender to
exercise any such right or shall affect the right of any Lender to exercise, and retain the benefits of exercising, any such right with respect to any other indebtedness or obligation of the Borrower. If under any applicable bankruptcy, insolvency
or other similar law, any Lender receives a secured claim in lieu of a set-off to which this Section 4.05 applies, such Lender shall, to the extent practicable, exercise its rights in respect of such secured claim in a manner consistent
with the rights of the Lenders entitled under this Section 4.05 to share in the benefits of any recovery on such secured claim. 

SECTION 5 

YIELD PROTECTION AND ILLEGALITY 

5.01 Additional Costs. (a) The Borrower shall pay directly to each Lender from time to time such amounts as such
Lender may determine to be necessary to compensate such Lender for any costs that such Lender determines are attributable to its making or maintaining of any LIBO Rate Loans or its obligation to make any LIBO Rate Loans hereunder, or any reduction
in any amount receivable by such Lender hereunder in respect of any of such Loans or such obligation (such increases in costs and reductions in amounts receivable being herein called “Additional Costs”), resulting from any
Regulatory Change that: 
 (i) changes the basis of taxation of any amounts payable to such Lender under this
Agreement or its Note in respect of any of such Loans (other than taxes imposed on or measured by the overall net income of such Lender or of its Applicable Lending Office for any of such Loans by the jurisdiction in which such Lender has its
principal office or such Applicable Lending Office); or 
 (ii) imposes or modifies any reserve, special deposit
or similar requirements (other than the Reserve Requirement utilized in the determination of the Adjusted LIBO Rate for such Loan and Mandatory Costs utilized in the determination of the LIBO Rate for such Loan) relating to any extensions of credit
or other assets of, or any deposits with or other liabilities of, such Lender (including, without limitation, any of such Loans or any deposits referred to in the definition of “LIBO Rate” in Section 1.01 ), or any commitment
of such Lender (including, without limitation, the Commitment of such Lender hereunder); or 
 (iii) imposes any
other condition affecting this Agreement or its Note (or any of such extensions of credit or liabilities) or its Commitment. 
  

 22 

 If any Lender requests compensation from the Borrower under this
Section 5.01(a) , the Borrower may, by notice to such Lender (with a copy to the Administrative Agent), suspend the obligation of such Lender thereafter to make or Continue LIBO Rate Loans or to Convert Base Rate Loans into LIBO Rate
Loans, until the Regulatory Change giving rise to such request ceases to be in effect (in which case the provisions of Section 5.04 shall be applicable), provided that such suspension shall not affect the right of such Lender to
receive the compensation so requested. 
 (b) Without limiting the effect of the foregoing provisions of this
Section 5.01 (but without duplication), if any Lender determines that any Regulatory Change regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s capital or on the capital of
such Lender’s holding company, if any, as a consequence of this Agreement or the Loans made by such Lender to a level below that which such Lender or such Lender’s holding company could have achieved but for such Regulatory Change (taking
into consideration such Lender’s policies and the policies of such Lender’s holding company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender such additional amount or amounts as will compensate
such Lender or such Lender’s holding company for any such reduction suffered. 
 (c) Each Lender shall notify the
Borrower of any event occurring after the date hereof entitling such Lender to compensation under paragraph (a) or (b) of this Section 5.01 as promptly as practicable, but in any event within 45 days, after such Lender
obtains actual knowledge thereof. If any Lender fails to give such notice within 45 days after it obtains actual knowledge of such an event, such Lender shall, with respect to compensation payable pursuant to this Section 5.01 in
respect of any costs resulting from such event, only be entitled to payment under this Section 5.01 for costs incurred from and after the date 45 days prior to the date that such Lender does give such notice. Each Lender will
furnish to the Borrower a certificate setting forth the basis and amount of each request by such Lender for compensation under paragraph (a) or (b) of this Section 5.01. Determinations and allocations by any Lender for purposes
of this Section 5.01 of the effect of any Regulatory Change pursuant to paragraph (a) of this Section 5.01 , or of the effect of capital maintained pursuant to paragraph (b) of this Section 5.01 , on its
costs or rate of return of maintaining Loans or its obligation to make Loans, or on amounts receivable by it in respect of Loans, and of the amounts required to compensate such Lender under this Section 5.01 , shall be conclusive absent
manifest error, provided that such determinations and allocations are made on a reasonable basis. 
 (d) Each Lender
will designate a different Applicable Lending Office for the Loans of such Lender affected by any event specified in paragraphs (a) or (b) of this Section 5.01 or in Section 5.03 if such designation will avoid the
need for, or reduce the amount of, such compensation or suspension, as the case may be, and will not, in the sole opinion of such Lender, be disadvantageous to such Lender. 

5.02 Limitation on Types of Loans. If the Required Lenders determine that for any reason in connection with any request for
a LIBO Rate Loan or a Conversion to or Continuation thereof that (a) Dollar deposits are not being offered to banks in the London interbank eurodollar market for the applicable amount and Interest Period of such LIBO Rate Loan,
(b) adequate and 
  

 23 

 
reasonable means do not exist for determining the LIBO Rate for any requested Interest Period with respect to a proposed LIBO Rate Loan, or (c) the LIBO Rate for any requested Interest
Period with respect to a proposed LIBO Rate Loan does not adequately and fairly reflect the cost to the Lenders of funding such Loan, the Administrative Agent will promptly notify the Borrower and all Lenders. Thereafter, the obligation of the
Lenders to make or maintain LIBO Rate Loans shall be suspended until the Administrative Agent revokes such notice. The Administrative Agent agrees to promptly revoke such notice upon the relevant circumstances ceasing to exist. Upon receipt of such
notice, the Borrower may revoke any pending request for a borrowing, Conversion or Continuation of LIBO Rate Loans or, failing that, will be deemed to have converted such request into a request for a borrowing of Base Rate Loans in the amount
specified therein. 
 5.03 Illegality. Notwithstanding any other provision of this Agreement, in the event that it
becomes unlawful for any Lender or its Applicable Lending Office to honor its obligation to make or maintain LIBO Rate Loans hereunder, then such Lender shall promptly notify the Borrower thereof (with a copy to the Administrative Agent) and such
Lender’s obligation to make or Continue, or Convert Base Rate Loans into, LIBO Rate Loans shall be suspended until such time as such Lender may again make and maintain LIBO Rate Loans (in which case the provisions of Section 5.04
shall be applicable). 
 5.04 Base Rate Loans Pursuant to Sections 5.01 and 5.03. If the obligation of any
Lender to make, Continue, or to Convert Base Rate Loans into, any LIBO Rate Loans shall be suspended pursuant to Section 5.01 or 5.03 (Loans of such type being herein called “Affected Loans” and such type being
herein called the “Affected Type”), all Loans which would otherwise be made by such Lender as Loans of the Affected Type shall be made instead as Base Rate Loans (and, if an event referred to in Section 5.03 has occurred
and such Lender so requests by notice to the Borrower with a copy to the Administrative Agent, all Affected Loans of such Lender then outstanding shall be automatically Converted into Base Rate Loans on the date specified by such Lender in such
notice) and, to the extent that Affected Loans are so made as (or Converted into) Base Rate Loans, all payments of principal which would otherwise be applied to such Lender’s Affected Loans shall be applied instead to its Base Rate Loans. If
such Lender gives notice to the Borrower with a copy to the Administrative Agent that the circumstances specified in Section 5.01 or 5.03 that gave rise to the Conversion of such Lender’s Affected Loans pursuant to this
Section 5.04 no longer exist (which such Lender agrees to do promptly upon such circumstances ceasing to exist) at a time when Loans of the Affected Type made by other Lenders are outstanding, such Lender’s Base Rate Loans shall be
automatically Converted, on the first day(s) of the next succeeding Interest Period(s) for such outstanding loans of the Affected Type, to the extent necessary so that, after giving effect thereto, all Loans held by the Lenders holding Loans of the
Affected Type and by such Lender are held pro rata (as to principal amounts, Types and Interest Periods) in accordance with their respective Commitments. 

5.05 Compensation. The Borrower shall pay to the Administrative Agent for account of each Lender, upon the request of such
Lender through the Administrative Agent, such amount or amounts as shall be sufficient (in the reasonable opinion of such Lender) to compensate it for any loss, cost or expense which such Lender determines are attributable to: 

(a) any payment or prepayment or Conversion of a LIBO Rate Loan made by such Lender for any reason (including, without
limitation, the acceleration of the Loans pursuant to Section 9 ) on a date other than the last day of the Interest Period for such Loan; or 
  

 24 

 (b) any failure by the Borrower for any reason (excluding only failure due
solely to a default by any Lender or the Administrative Agent in its obligation to provide funds to the Borrower hereunder but including, without limitation, the failure of any of the conditions precedent specified in Section 6 to be
satisfied) to borrow a LIBO Rate Loan from such Lender on the date for such borrowing specified in the relevant notice of borrowing given pursuant to Section 2.02. 

Without limiting the effect of the preceding sentence, such compensation shall include, in the case of a Loan, an amount equal to the excess, if any, of
(i) the amount of interest which otherwise would have accrued on the principal amount so paid, prepaid or Converted or not borrowed for the period from the date of such payment, prepayment, Conversion or failure to borrow to the last day of the
Interest Period for such Loan (or, in the case of a failure to borrow, the Interest Period for such Loan which would have commenced on the date specified for such borrowing) at the applicable rate of interest for such Loan provided for herein over
(ii) the interest component of the amount such Lender would have bid in the London interbank market for deposits of leading banks (if such Loan is a LIBO Rate Loan) in amounts comparable to such principal amount and with maturities comparable
to such period (as reasonably determined by such Lender). 
 5.06 Taxes. (a) The Borrower agrees to pay to
each Lender such additional amounts as are necessary in order that the net payment of any amount due to such Lender hereunder after deduction for or withholding in respect of any Taxes imposed with respect to such payment will not be less than the
amount stated herein to be then due and payable, provided that the foregoing obligation to pay such additional amounts shall not apply: 

(i) to any payment to any Lender hereunder unless such Lender is, on the date hereof, or (if later) on the date such
Lender becomes a Lender hereunder as provided in Section 11.05(b) and on the date of any change in the Applicable Lending Office of such Lender, entitled to a complete exemption from withholding or deduction by the Borrower of Taxes on
all interest to be received by such Lender hereunder in respect of the Loans made by such Lender to the Borrower, or 

(ii) to any such Taxes required to be deducted or withheld solely by reason of the failure of such Lender to comply with
applicable certification, information, documentation or other reporting requirements concerning the nationality, residence, identity or connections with the Borrower’s Jurisdiction if such compliance is required by treaty, statute or regulation
as a precondition to relief or exemption from such Taxes. 
 For the purposes of this Section 5.06(a) , the term
“Taxes” shall mean with respect to the Borrower all present and future income, stamp, registration and other taxes and levies, imposts, 

 

 25 

 
deductions, charges, compulsory loans and withholdings whatsoever, and all interest, penalties or similar amounts with respect thereto, now or hereafter imposed, assessed, levied or collected by
the Borrower’s Jurisdiction on or in respect of the Credit Documents, the principal of and interest on the Loans and any other amounts payable under any of the Credit Documents, the recording, registration, notarization or other formalization
of any thereof, the enforcement thereof or the introduction thereof in any judicial proceedings, or on or in respect of any payments of principal, interest, premium, charges, fees or other amounts made on, under or in respect of any thereof
(excluding, however, income or franchise taxes imposed on or measured by the overall net income or capital of a Lender (or its Applicable Lending Office) by the Borrower’s Jurisdiction as a result of such Lender being organized under the laws
of or resident in the Borrower’s Jurisdiction or of its Applicable Lending Office being located or carrying on business in the Borrower’s Jurisdiction). 

(b) Within 30 days after paying any amount to the Administrative Agent or any Lender from which it is required by law to make
any deduction or withholding, and within 30 days after it is required by law to remit such deduction or withholding to any relevant taxing or other authority, the Borrower shall deliver to the Administrative Agent for delivery to such Lender
evidence satisfactory to such Lender of such deduction, withholding or payment (as the case may be). 
 5.07 Replacement
of Lenders. If (a) any Lender requests compensation pursuant to Section 5.01 or 5.06 , (b) any Lender’s obligation to make Loans of any Type shall be suspended pursuant to Section 5.01 (any such
Lender requesting such compensation, or whose obligations are so suspended, being herein called a “Requesting Lender”) or (c) if a Lender (a “Non-Consenting Lender”) does not consent to a proposed change,
waiver, discharge or termination with respect to any Credit Document that has been approved by the Majority Lenders as provided by Section 11.04 but requires unanimous consent of all Lenders or all Lenders directly affected thereby (as
applicable), the Borrower, upon three Business Days’ notice to the Administrative Agent may require that such Requesting Lender or Non-Consenting Lender, as applicable, transfer all of its right, title and interest under this Agreement to any
bank or other financial institution or entity identified by the Borrower that is satisfactory to the Administrative Agent (a) if such bank or other financial institution or entity (a “Proposed Lender”) agrees to assume all of
the obligations of such Requesting Lender or Non-Consenting Lender hereunder, and to purchase all of such Requesting Lender’s or Non-Consenting Lender’s Loans hereunder for consideration equal to the aggregate outstanding principal amount
of such Requesting Lender’s Loans or Non-Consenting Lender’s Loans, as applicable, together with interest thereon to the date of such purchase, and satisfactory arrangements are made for payment to such Requesting Lender or Non-Consenting
Lender of all other amounts payable hereunder to such Requesting Lender or Non-Consenting Lender on or prior to the date of such transfer (including any fees accrued hereunder and any amounts that would be payable under Section 5.05 as
if all of such Requesting Lender’s Loans or Non-Consenting Lender’s Loans, as applicable, were being prepaid in full on such date) and (b) if such Requesting Lender has requested compensation pursuant to Section 5.01 or
5.06 , such Proposed Lender’s aggregate requested compensation, if any, pursuant to said Section 5.01 or 5.06 with respect to such Requesting Lender’s Loans is lower than that of the Requesting Lender; provided,
however, in the case of any such assignment resulting from a Non-Consenting Lender’s failure to consent to a proposed 
  

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change, waiver, discharge or termination with respect to any Credit Document, such transfer shall be conditioned upon the Proposed Lender consenting to the proposed change, waiver, discharge or
termination; provided further that the failure by such Non-Consenting Lender to execute and deliver an Assignment and Assumption shall not impair the validity of the removal of such Non-Consenting Lender and the mandatory assignment of such
Non-Consenting Lender’s Commitments and outstanding Loans pursuant to this Section 5.07 shall nevertheless be effective without the execution by such Non-Consenting Lender of an Assignment and Assumption. Subject to the provisions
of Section 11.05(b) , such Proposed Lender shall be a “Lender” for all purposes hereunder. Without prejudice to the survival of any other agreement of the Borrower hereunder the agreements of the Borrower contained in
Sections 5.01 , 5.06 and 11.03 (without duplication of any payments made to such Requesting Lender or Non-Consenting Lender by the Borrower or the Proposed Lender) shall survive for the benefit of such Requesting Lender or
Non-Consenting Lender under this Section 5.07 with respect to the time prior to such replacement. 
 SECTION 6

 CONDITIONS PRECEDENT 

6.01 Effective Date. The obligations of the Lenders to make the Term Loan shall not become effective until the date on
which each of the following conditions is satisfied (or waived pursuant to Section 11.04): 
 (a) The
Administrative Agent shall have received each of the following documents (with sufficient copies for each Lender), each of which shall be satisfactory to the Administrative Agent (and to the extent specified below, to each Lender) in form and
substance: 
 (i) A counterpart of this Agreement signed on behalf of each party hereto or written evidence
satisfactory to the Administrative Agent that such party has signed a counterpart of this Agreement. 
 (ii)
Certified copies of the charter and by-laws of, and all corporate action taken by, the Borrower approving this Agreement and the Notes (if any) to be made by the Borrower and the borrowing by the Borrower (including, without limitation, a
certificate setting forth the resolutions of the Board of Directors of the Borrower adopted in respect of the transactions contemplated hereby). 

(iii) A certificate of the Borrower in respect of each of the officers (1) who is authorized to sign this Agreement
and the Notes, together with specimen signatures, and (2) who will, until replaced by another officer or officers duly authorized for that purpose, act as its representative for the purposes of signing documents and giving notices and other
communications in connection herewith and with the Notes and the transactions contemplated hereby and thereby. The Administrative Agent and each Lender may conclusively rely on such certificate until they receive notice in writing from the Borrower
to the contrary. 
  

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 (iv) An opinion or opinions dated the Effective Date of counsel to the
Borrower (and the Borrower hereby instructs such counsel to deliver such opinion to the Lenders and the Administrative Agent) in a form satisfactory to the Administrative Agent and the Lenders. 

(b) The Lenders and the Administrative Agent shall have received all fees and other amounts as the Borrower shall
have agreed to pay in connection herewith. 
 For purposes of determining compliance with the conditions
specified in this Section 6.01 , each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or
approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Effective Date specifying its objection thereto. 

6.02 Credit Extension. The obligation of any Lender to make the Credit Extension hereunder is subject to the further
conditions precedent that, as of the date of the Effective Date and after giving effect thereto and the intended use of the Credit Extension: 

(a) no Default shall have occurred and be continuing; and 

(b) the representations and warranties made by the Borrower in Section 7 shall be true on and as of the
Effective Date, except to the extent that such representations or warranties specifically refer to an earlier date, in which case they shall be true and correct as of such earlier date. 

The Loan Notice provided by the Borrower on the Effective Date shall constitute a certification by the Borrower to the effect set forth in the preceding
sentence (both as of the date of such Loan Notice and, unless the Borrower otherwise notifies the Administrative Agent prior to the date of the Credit Extension, as of the Effective Date). 

SECTION 7 

REPRESENTATIONS AND WARRANTIES 

The Borrower represents and warrant to the Lenders that: 

7.01 Corporate Existence. Each of the Borrower and its Significant Subsidiaries: (a) is a corporation duly organized
and validly existing under the laws of the jurisdiction of its incorporation; (b) has all requisite corporate power, and has all material governmental licenses, authorizations, consents and approvals, necessary to own its assets and carry on
its business as now being or as proposed to be conducted; and (c) is qualified to do business in all jurisdictions in which the nature of the business conducted by it makes such qualification necessary except where failure so to qualify would
not have a Material Adverse Effect. 
  

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 7.02 Financial Condition. (a) The consolidated balance sheets of the
Borrower and its Subsidiaries as of December 31, 2006 and December 31, 2007 and the related consolidated statements of income, cash flows and stockholders’ equity of the Borrower and its Subsidiaries for the fiscal years ended on said
dates, with the opinion thereon of Ernst & Young LLP, heretofore furnished to each of the Lenders, are complete and correct and fairly present the consolidated financial condition of the Borrower and its Subsidiaries as at said dates and
the consolidated results of their operations for the fiscal year ended on said dates, all in accordance with generally accepted accounting principles. Neither the Borrower nor any of its Subsidiaries had on said dates any material contingent
liabilities, material liabilities for taxes, material unusual forward or long-term commitments or material unrealized or anticipated losses from any unfavorable commitments, except as referred to or reflected or provided for in said balance sheet as
at said dates. 
 (b) The consolidated balance sheets of the Borrower and its Subsidiaries as of June 30, 2008 and the
related consolidated statements of income, cash flows and stockholders’ equity of the Borrower and its Subsidiaries for the six-month period ended on said date, heretofore furnished to each of the Lenders, are complete and correct and fairly
present the consolidated financial condition of the Borrower and its Subsidiaries as at said date and the consolidated results of their operations for the six-month period ended on said date, all in accordance with generally accepted accounting
principles. Neither the Borrower nor any of its Subsidiaries had on said date any material contingent liabilities, material liabilities for taxes, material unusual forward or long-term commitments or material unrealized or anticipated losses from
any unfavorable commitments, except as referred to or reflected or provided for in said balance sheet as at said date. 

(c) Since December 31, 2007, there has been no material adverse change in the consolidated financial condition, operations,
business or prospects of the Borrower and its Subsidiaries (taken as a whole). 
 7.03 Litigation. There are no
legal or arbitral proceedings or any proceedings or investigations by or before any governmental or regulatory authority or agency, now pending or (to the knowledge of the Borrower) threatened against the Borrower or any of its Subsidiaries which
could reasonably be expected to have a Material Adverse Effect. 
  

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 7.04 No Breach. The making or performance of this Agreement or the Notes, and
the consummation of the transactions herein contemplated, will not conflict with or result in a breach of, or require any consent under, the charter or by-laws of the Borrower or any applicable law or regulation, or any order, writ, injunction or
decree of any court or governmental authority or agency, or any agreement or instrument to which the Borrower or any of its Subsidiaries is a party or by which any of them is bound or to which any of them is subject, or constitute a default under
any such agreement or instrument, or constitute a tortious interference with any agreement, or result in the creation or imposition of any Lien upon any of the revenues or assets of the Borrower or any of its Subsidiaries pursuant to the terms of
any such agreement or instrument. 
 7.05 Corporate Action. The Borrower has all necessary corporate power and
authority to make and perform its obligations under this Agreement and the Notes; the making and performance of this Agreement and the Notes by the Borrower have been duly authorized by all necessary corporate action on the part of the Borrower; and
this Agreement has been duly and validly executed and delivered by the Borrower and constitutes, and each of the Notes of the Borrower when executed and delivered by the Borrower for value will constitute, the legal, valid and binding obligation of
the Borrower, enforceable in accordance with their respective terms, except to the extent that such enforcement may be limited by applicable bankruptcy, insolvency or other similar laws affecting the enforcement of creditors’ rights generally.

 7.06 Approvals. No authorizations, approvals or consents of, and no filings or registrations with, any
governmental or regulatory authority or agency are necessary for the execution, delivery or performance by the Borrower of this Agreement or the Notes or for the validity or enforceability of any thereof. 

7.07 Use of Credit. Neither the Borrower nor any of its Subsidiaries is engaged principally, or as one of its important
activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying margin stock (within the meaning of Regulation U or X of the Board of Governors of the Federal Reserve System),
and no part of the proceeds of any Credit Extension hereunder will be used in a manner that will cause any Borrower to violate said Regulation X or any Lender to violate said Regulation U. 

7.08 ERISA. Each of the Borrower and each ERISA Affiliate has fulfilled its obligations under the minimum funding standards
of ERISA and the Code with respect to each of its Plans and is (and to the best of its knowledge in the case of any Multiemployer Plan is) in compliance with the currently applicable provisions of ERISA and the Code, and has not incurred any
liability on account of the termination of any of its Plans to the PBGC or any of its Plans and has not incurred any withdrawal liability to any Multiemployer Plan, in each case except to the extent failure to do so would not reasonably be expected
to have a Material Adverse Effect. 
 7.09 Investment Company Act. Neither the Borrower nor any of its
Subsidiaries is an “investment company” as defined in, or subject to regulation under, the Investment Company Act of 1940. 
  

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 7.10 Credit Agreements. Schedule I hereto is a complete and
correct list, as of June 30, 2008, of each credit agreement, loan agreement, indenture, purchase agreement, Guarantee or other arrangement (other than a letter of credit or bank lines established for daylight overdrafts) providing for or
otherwise relating to any extension of credit (or commitment for any extension of credit) to, or Guarantee by, the Borrower or any of its Subsidiaries the aggregate principal or face amount of which equals or exceeds (or may equal or exceed)
$5,000,000 and the aggregate principal or face amount outstanding or which may become outstanding under each such arrangement is correctly described (as of June 30, 2008) in said Schedule I. 

7.11 Hazardous Materials. The Borrower and each of its Subsidiaries have obtained all permits, licenses and other
authorizations that are required under all Environmental Laws, except to the extent failure to have any such permit, license or authorization would not have a Material Adverse Effect. The Borrower and each of its Subsidiaries are in compliance with
the terms and conditions of all such permits, licenses and authorizations, and are also in compliance with all other limitations, restrictions, conditions, standards, prohibitions, requirements, obligations, schedules and timetables contained in any
applicable Environmental Law or in any regulation, code, plan, order, decree, judgment, injunction, notice or demand letter issued, entered, promulgated or approved thereunder, except to the extent failure to comply would not have a Material Adverse
Effect. Except as heretofore disclosed to the Lenders, there have been no environmental investigations, studies, audits, tests, reviews or other analyses conducted by or that are in the possession of the Borrower or any of its Subsidiaries with
respect to any property or facility now or previously owned or leased by the Borrower or any of its Environmental Affiliates which reveal facts or circumstances that could reasonably be expected to have a Material Adverse Effect. 

7.12 Taxes. The Borrower and its Subsidiaries are members of an affiliated group of corporations filing consolidated
returns for Federal income tax purposes, of which the Borrower is the “common parent” (within the meaning of Section 1504 of the Code) of such group. The Borrower and its Subsidiaries have filed all Federal income tax returns and all
other material tax returns and information statements that are required to be filed by them and have paid all taxes due pursuant to such returns or pursuant to any assessment received by the Borrower or any of its Subsidiaries. The charges, accruals
and reserves on the books of the Borrower and its Subsidiaries in respect of taxes and other governmental charges are, in the opinion of the Borrower, adequate. The United States Federal income tax returns of the Borrower and its Subsidiaries have
been examined and/or closed through the fiscal years of the Borrower and its Subsidiaries ended on or before December 31, 2004. The Borrower has not given or been requested to give a waiver of the statute of limitations relating to the payment
of Federal, state, local and foreign taxes or other impositions. 
 7.13 True and Complete Disclosure. The
information, reports, financial statements, exhibits and schedules furnished in writing by or on behalf of the Borrower to the Lenders in connection with the negotiation, preparation or delivery of this Agreement or included herein or delivered
pursuant hereto, when taken as a whole do not contain any untrue statement of material fact or omit to state any material fact necessary to make the statements herein or therein, in light of the circumstances under which they are made, not
misleading. All written information furnished after the date hereof by the Borrower and its Subsidiaries to the Lenders in connection 
  

 31 

 
with this Agreement and the transactions contemplated hereby will be true, complete and accurate in every material respect, or (in the case of projections) based on reasonable estimates, on the
date as of which such information is stated or certified. There is no fact known to the Borrower that could reasonably be expected to have a Material Adverse Effect that has not been disclosed herein or in a report, financial statement, exhibit,
schedule, disclosure letter or other writing furnished to the Lenders for use in connection with the transactions contemplated hereby. 

7.14 Subsidiaries. As of the date hereof, each of the Borrower and its Subsidiaries (as disclosed in the periodic reports
which the Borrower has filed with the Securities and Exchange Commission) owns, free and clear of Liens, and has the unencumbered right to vote all of its outstanding ownership interests in, each Subsidiary held by it and all of the issued and
outstanding capital stock of each such Person is validly issued, fully paid and nonassessable. 
 7.15 Compliance with
Law. As of the date hereof, the Borrower and its Subsidiaries are in compliance with all applicable laws and regulations, except to the extent that failure to comply therewith would not have a Material Adverse Effect. 

SECTION 8 

COVENANTS OF THE BORROWER 

The Borrower agrees that, until payment in full of all Loans hereunder, all interest thereon and all other amounts payable by the
Borrower hereunder: 
 8.01 Financial Statements. The Borrower shall furnish to each of the Lenders: 

(a) as soon as available and in any event within 60 days after the end of each of the fiscal quarterly periods of each fiscal
year of the Borrower, consolidated statements of income, cash flows and stockholders’ equity of the Borrower and its Subsidiaries for such period and for the period from the beginning of the respective fiscal year to the end of such period, and
the related consolidated balance sheet as at the end of such period, setting forth in each case in comparative form the corresponding figures for the corresponding period in the preceding fiscal year, and accompanied by a certificate of a senior
financial officer of the Borrower, which certificate shall state that said financial statements fairly present the consolidated financial condition and results of operations of the Borrower and its Subsidiaries, in accordance with generally accepted
accounting principles, as at the end of (and for) such period (subject to normal year-end audit adjustments). 
 (b) as
soon as available and in any event within 90 days after the end of each fiscal year of the Borrower, consolidated statements of income, cash flows and stockholders’ equity of the Borrower and its Subsidiaries for such year and the related
consolidated balance sheet as at the end of such year, setting forth in each case in comparative form the corresponding figures for the preceding fiscal year, and accompanied by an opinion thereon of independent certified public accountants of
recognized national standing, which opinion shall state that said financial statements fairly present the consolidated financial condition and results of operations of the Borrower and its Subsidiaries, in accordance with generally accepted
accounting principles, as at 
  

 32 

 
the end of (and for) such fiscal year, and a certificate of such accountants stating that, in making the examination necessary for their opinion, they obtained no knowledge, except as
specifically stated, of any Event of Default under Sections 8.10 and 8.11. 
 (c) promptly upon their
becoming available, copies of all registration statements and regular periodic reports, if any, which the Borrower shall have filed with the Securities and Exchange Commission (or any governmental agency substituted therefor) or any national
securities exchange. 
 (d) promptly upon the mailing thereof to the shareholders of the Borrower generally, copies of all
financial statements, reports and proxy statements so mailed. 
 (e) as soon as possible, and in any event within
30 days after the Borrower knows or has reason to know that any of the events or conditions specified below with respect to any Plan or Multiemployer Plan of the Borrower have occurred or exist, a statement signed by a senior financial officer
of the Borrower setting forth details respecting such event or condition and the action, if any, which the Borrower or any ERISA Affiliate proposes to take with respect thereto (and a copy of any report or notice required to be filed with or given
to PBGC by the Borrower or such ERISA Affiliate with respect to such event or condition): 
 (i) any reportable
event, as defined in Section 4043(b) of ERISA and the regulations issued thereunder, with respect to a Plan, as to which PBGC has not by regulation waived the requirement of Section 4043(a) of ERISA that it be notified within 30 days
of the occurrence of such event ( provided that a failure to meet the minimum funding standard of Section 412 of the Code or Section 302 of ERISA by more than $5,000,000 shall be a reportable event regardless of the issuance of any
waivers in accordance with Section 412(d) of the Code); 
 (ii) the filing under Section 4041 of ERISA
of a notice of intent to terminate any Plan or the termination of any Plan if at the date of such filing or termination the fair market value of the assets of such Plan, as determined by the Plan’s independent actuaries, is exceeded by the
present value as determined by such actuaries as of such date, of benefit commitments under such Plan by more than $5,000,000 (including any prior terminations subject to this provision); 

(iii) the institution by PBGC of proceedings under Section 4042 of ERISA for the termination of, or the appointment
of a trustee to administer, any Plan of the Borrower, or the receipt by the Borrower or any ERISA Affiliate of a notice from a Multiemployer Plan that such action has been taken by PBGC with respect to such Multiemployer Plan and such action would
reasonably be expected to result in liability to the Borrower in excess of $5,000,000; 
 (iv) the complete or
partial withdrawal by the Borrower or any ERISA Affiliate under Section 4201 or 4204 of ERISA from a Multiemployer Plan causing any withdrawal liability in excess of $5,000,000 (including any prior withdrawals subject to this provision), or the
receipt by the Borrower or any ERISA Affiliate of notice from a Multiemployer Plan that it is in reorganization or insolvency pursuant to Section 4241 or 4245 of ERISA or that it intends to terminate or has terminated under Section 4041A
of ERISA; and 
  

 33 

 (v) the institution of a proceeding by a fiduciary of any Multiemployer Plan
against the Borrower or any ERISA Affiliate to enforce Section 515 of ERISA, which proceeding is not dismissed within 30 days. 

(f) promptly after the Borrower knows or has reason to know that any Default has occurred, a notice of such Default, describing the
same in reasonable detail. 
 (g) from time to time such other information regarding the business, affairs or financial
condition of the Borrower or any of its Subsidiaries (including, without limitation, any Plan or Multiemployer Plan and any reports or other information required to be filed under ERISA) as any Lender or the Administrative Agent may reasonably
request. 
 The Borrower will furnish to each Lender, at the time it furnishes each set of financial statements pursuant to paragraph (a)
or (b) above, a certificate of a senior financial officer of the Borrower (i) to the effect that no Default has occurred and is continuing (or, if any Default has occurred and is continuing, describing the same in reasonable detail) and
(ii) setting forth in reasonable detail the computations necessary to determine whether the Borrower is in compliance with Sections 8.06 , 8.07(a)(vi) , 8.08(xiii) , 8.10 and 8.11 as of the end of the
respective fiscal quarter or fiscal year. 
 Notwithstanding the foregoing, the Borrower’s obligations to deliver documents
or information required under any of clauses (a), (b), (c) and (d) above shall be deemed to be satisfied upon (i) the relevant documents or information being publicly available on the Borrower’s website or other publicly
available electronic medium (such as EDGAR) within the time period required by such clause and thereafter being continuously so available and (ii) the delivery by the Borrower of notice to the Administrative Agent and each of the Lenders (which
notice may be given electronically (such as e-mail)) within the time period required by such clause that such documents or information are so available; provided that the Borrower shall deliver paper copies of any such documents or
information to any Lender upon request of such Lender through the Administrative Agent. 
 The Borrower hereby acknowledges that
(a) the Administrative Agent will make available to the Lenders materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks or
another similar electronic system (the “Platform”) and (b) 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 Borrower or its
securities) (each, a “Public Lender”). The Borrower hereby agrees that (w) all Borrower Materials that are to be made available to Public Lenders shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall
mean that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent and the Lenders to treat
such Borrower Materials as not containing any material 
  

 34 

 
non-public information with respect to the Borrower or its securities for purposes of United States Federal and state securities laws (provided, however, that to the extent such Borrower
Materials constitute Information, they shall be treated as set forth in Section 10.07); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public
Investor;” and (z) the Administrative Agent shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public
Investor.” Notwithstanding the foregoing, the Borrower shall be under no obligation to mark any Borrower Materials “PUBLIC.” 

8.02 Litigation. The Borrower shall promptly furnish to each Lender notice of all legal or arbitral proceedings, and of all
proceedings before any governmental or regulatory authority or agency, instituted, or (to the knowledge of the Borrower) threatened, against the Borrower or any of its Subsidiaries which could reasonably be expected to have a Material Adverse
Effect. 
 8.03 Corporate Existence, Etc. The Borrower shall, and shall cause each of its Significant
Subsidiaries to: preserve and maintain its corporate existence and all its material rights, privileges and franchises (except as otherwise expressly permitted under Section 8.07 ); comply with all Requirements of Law except to the extent
that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect; pay and discharge all taxes, assessments and governmental charges or levies imposed on it or on its income or profits or on any
of its property prior to the date on which penalties attach thereto, except for any such tax, assessment, charge or levy the payment of which is being contested in good faith and by proper proceedings and against which adequate reserves are being
maintained; maintain all its properties used or useful in its business in good working order and condition, ordinary wear and tear excepted; keep proper books of record and account in which full, true and correct entries are made of all material
dealings and transactions in relations to its business and activities; and permit representatives of any Lender or the Administrative Agent, during normal business hours, to examine, copy and make extracts from its books and records, to inspect its
properties, and to discuss its business and affairs with its officers, all to the extent reasonably requested by such Lender or the Administrative Agent (as the case may be). 

8.04 Insurance. The Borrower shall, and shall cause each of its Subsidiaries to, keep insured by financially sound and
reputable insurers all property of a character usually insured by corporations engaged in the same or similar business similarly situated against loss or damage of the kinds and in the amounts customarily insured against by such corporations and
carry such other insurance as is usually carried by such corporations. 
 8.05 Use of Proceeds. The proceeds of
the Credit Extensions hereunder will be used solely for general corporate purposes, including (without limitation) commercial paper back-up and acquisitions (each of which uses shall be in compliance with all applicable legal and regulatory
requirements, including, without limitation, Regulations U and X of the Board of Governors of the Federal Reserve System and the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the rules and regulations
thereunder). The 
  

 35 

 
Borrower will not permit more than 25% of the value (as determined by any reasonable method) of its assets, nor more than 25% of the value (as determined by any reasonable method) of the assets
of the Borrower and its Subsidiaries, to be represented by margin stock (within the meaning of Regulation U of the Board of Governors of the Federal Reserve System). 

8.06 Indebtedness. The Borrower will not, nor will it permit any of its Subsidiaries to, incur, assume or suffer to exist
obligations in respect of standby and performance letters of credit (other than Letters of Credit issued under the Revolving Credit Agreement) in an aggregate amount exceeding 5% of Total Consolidated Assets at any one time outstanding. The Borrower
will not permit any of its Subsidiaries to create, issue, incur or assume, or suffer to exist, any Indebtedness, except: 

(i) Indebtedness existing on the date hereof (including any Indebtedness incurred after the date hereof under any
instrument or agreement in effect on the date hereof), but not any renewals, extensions or refinancings of the same; 

(ii) Indebtedness owing to the Borrower and Indebtedness owing by any Subsidiary to another Subsidiary; 

(iii) Indebtedness of any Person that becomes a Subsidiary of the Borrower after the date hereof so long as such
Indebtedness exists at the time such Person becomes such a Subsidiary and was not incurred in anticipation thereof; 

(iv) Capital Lease Obligations in an aggregate amount not to exceed an amount equal to 5% of Total Consolidated Assets at
any one time outstanding; 
 (v) Indebtedness under this Agreement; 

(vi) Indebtedness under the Revolving Credit Agreement in an aggregate amount not to exceed $750,000,000 at any one time
outstanding; and 
 (vii) additional Indebtedness in an aggregate amount not to exceed an amount equal to 15% of
Total Consolidated Assets at any one time outstanding. 
 8.07 Fundamental Changes. (a) The Borrower will
not, and will not permit any of its Subsidiaries to, be a party to any merger or consolidation, and the Borrower will not, and will not permit any of its Subsidiaries or operating divisions (whether now owned or existing or hereafter acquired or
designated) to, (x) sell, assign, lease or otherwise dispose of all or substantially all of its Property whether now owned or hereafter acquired or (y) sell, assign or otherwise dispose of any capital stock of any such Subsidiary, or
permit any such Subsidiary to issue any capital stock, to any Person other than the Borrower or any of its Wholly-Owned Subsidiaries if, after giving effect thereto, the Borrower does not own, directly or indirectly, a majority of the capital stock
of such Subsidiary (“Controlling Stock Disposition”); provided that, so long as both before and after giving effect thereto, no Default shall have occurred and be continuing: 

(i) the Borrower or any Subsidiary of the Borrower may be a party to any merger or consolidation if it shall be the
surviving corporation; 
  

 36 

 (ii) any such Subsidiary may be a party to any merger or consolidation with
another such Subsidiary (or with any Person that becomes another such Subsidiary as a result of such merger or consolidation); 

(iii) any such Subsidiary may merge into, and any such Subsidiary or operating division may transfer any Property to, the
Borrower; 
 (iv) any such Subsidiary or operating division may transfer any Property to another such Subsidiary
or operating division (or to any Person that becomes as part of such transfer another such Subsidiary or operating division); 

(v) the Borrower, any such Subsidiary or operating division may sell, assign, lease or otherwise dispose of any
Non-Strategic Property; and 
 (vi) the Borrower or any such Subsidiary or operating division may make sales,
assignments and other dispositions of Property (including Controlling Stock Dispositions) and any such Subsidiary may become a party to a merger or consolidation (each such sale, assignment, disposition, Controlling Stock Disposition, merger or
consolidation, other than those described in clauses (i) through (v), a “Disposition”) if the aggregate book value of the Property that was the subject of such Disposition, together with the aggregate book value of the Property
that was the subject of all other Dispositions during the Disposition Period for such Disposition, would not exceed an amount equal to 15% of the Total Consolidated Assets determined as of the last day of the most recently completed fiscal year for
which a consolidated balance sheet of the Borrower has been furnished to the Lenders pursuant to Section 8.01. 

(b) Notwithstanding anything in clauses (i) through (vi) of Section 8.07(a) to the contrary, the Borrower will
not, and will not permit any of its Subsidiaries or operating divisions (whether now owned or existing or hereafter acquired or designated) to, sell, lease, assign, transfer or otherwise dispose of (whether in one transaction or in a series of
transactions) any of its Property (whether now owned or hereafter acquired) if such sale, assignment, lease or other disposition (whether in one transaction or in a series of transactions) shall have a Material Adverse Effect. 

8.08 Liens. The Borrower shall not, and shall not permit any of its Subsidiaries to, create, assume or suffer to exist any
Lien upon any of its property or assets, now owned or hereafter acquired, securing any Indebtedness or other obligation except: (i) Liens outstanding on the date hereof and listed in Schedule II hereto; (ii) Liens for taxes or
other governmental charges not yet delinquent; (iii) Liens in respect of Property acquired or constructed or improved by the Borrower or any such Subsidiary after the date hereof which Liens exist or are created at the time of acquisition or
completion of construction or improvement of such Property or within six months thereafter to secure Indebtedness assumed or incurred to finance all or any part of the purchase price or cost of construction or improvement of such Property, but any
such Lien shall 
  

 37 

 
cover only the Property so acquired or constructed and any improvements thereto (and any real property on which such Property is located); (iv) Liens on Property of any corporation
that becomes a Subsidiary of the Borrower after the date hereof, provided that such Liens are in existence at the time such corporation becomes a Subsidiary of the Borrower and were not created in anticipation thereof; (v) Liens on
Property acquired after the date hereof, provided that such Liens were in existence at the time such Property was acquired and were not created in anticipation thereof; (vi) Liens imposed by law, such as mechanics’,
materialmen’s, landlords’, warehousemen’s and carriers’ Liens, and other similar Liens, securing obligations incurred in the ordinary course of business which are not past due for more than thirty days or which are being
contested in good faith by appropriate proceedings and for which appropriate reserves have been established; (vii) Liens under workmen’s compensation, unemployment insurance, social security or similar legislation; (viii) Liens,
deposits, or pledges to secure the performance of bids, tenders, contracts (other than contracts for the payment of money), leases, public or statutory obligations, surety, stay, appeal, indemnity, performance or other similar bonds, or other
similar obligations arising in the ordinary course of business; (ix) judgment and other similar Liens arising in connection with court proceedings, provided the execution or other enforcement of such Liens is effectively stayed and the
claims secured thereby are being actively contested in good faith and by appropriate proceedings; (x) easements, rights-of-way, restrictions and other similar encumbrances which, in the aggregate, do not materially interfere with the
occupation, use and enjoyment by the Borrower or any such Subsidiary of the Property encumbered thereby in the normal course of its business or materially impair the value of the Property subject thereto; (xi) Liens securing obligations of any
such Subsidiary to the Borrower or another Subsidiary of the Borrower; (xii) Liens arising in connection with Permitted Securitizations; and (xiii) other Liens securing Indebtedness or other obligations in an aggregate amount not exceeding
5% of Total Consolidated Assets. 
 8.09 Lines of Businesses. Neither the Borrower nor any of its Subsidiaries
shall engage to any significant extent in any line or lines of business other than the lines of business in which they are engaged on the date hereof and any other line or lines of business directly related to the manufacture, distribution and/or
sale of consumer or industrial products (collectively, “Permitted Activities”). Notwithstanding the foregoing, the Borrower and its Subsidiaries may engage in other lines of business as a result of the acquisition of any Person
primarily engaged in Permitted Activities so long as the Borrower uses its best efforts to come into compliance with the first sentence of this Section 8.09 within a reasonable period of time after such acquisition. 

8.10 Total Indebtedness to Total Capital. The Borrower shall not permit the ratio of Total Indebtedness to Total Capital at
any time to be greater than 0.60 to 1; provided that (i) in calculating Total Capital, goodwill impairment charges taken pursuant to the Financial Accounting Standards Board shall be disregarded to the extent such charges do not exceed
$550,000,000 in the aggregate and (ii) in calculating such ratio, quarterly income preferred securities, quarterly income capital securities, monthly income preferred securities or other similar securities will be treated as part of “Total
Capital” and not “Total Indebtedness”. 
 8.11 Interest Coverage Ratio. The Borrower shall not
permit the Interest Coverage Ratio as at the last day of any fiscal quarter to be less than 4.00 to 1.00. 
  

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 8.12 Transactions with Affiliates. The Borrower shall not, and shall not
permit any of its Subsidiaries to, sell, lease or otherwise transfer any property or assets to, or purchase, lease or otherwise acquire any property or assets from, or otherwise engage in any other transactions with, any of its Affiliates, except
(a) at prices and on terms and conditions not less favorable to the Borrower or such Subsidiary than could be obtained on an arm’s-length basis from unrelated third parties and (b) transactions between or among the Borrower and its
Subsidiaries not involving any other Affiliate. 
 SECTION 9 

EVENTS OF DEFAULT 

If one or more of the following events (herein called “Events of Default”) shall occur and be continuing: 

(a) The Borrower shall default in the payment of any principal of any Loan when and as the same shall become due and
payable; or 
 (b) The Borrower shall default in the payment of any interest on any Loan or any fee or any other
amount (other than an amount referred to in clause (a) of this Article) payable hereunder or under any other Credit Document, when and as the same shall become due and payable, and such failure shall continue unremedied for a period of five
days; or 
 (c) The Borrower or any of its Subsidiaries shall default in the payment when due of any principal of
or interest on any of its other Indebtedness aggregating $50,000,000 or more; or any event specified in any note, agreement, indenture or other document evidencing or relating to any Indebtedness aggregating $50,000,000 or more shall occur if the
effect of such event is to cause, or (with the giving of any notice or the lapse of time or both) to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, such Indebtedness to become
due prior to its stated maturity or to permit termination of the commitment to lend pursuant to any such instrument or agreement; or 

(d) Any representation, warranty or certification made or deemed made by the Borrower herein or by the Borrower in any
certificate furnished to any Lender or the Administrative Agent pursuant to the provisions hereof, shall prove to have been false or misleading as of the time made or furnished in any material respect; or 

(e) The Borrower shall default in the performance of any of its obligations under Section 8.01(f) or
8.05 through 8.12 ; or the Borrower shall default in the performance of any of its other obligations in this Agreement and such default shall continue unremedied for a period of 30 days after notice thereof to the Borrower by the
Administrative Agent or any Lender (through the Administrative Agent); or 
  

 39 

 (f) The Borrower or any of its Significant Subsidiaries shall admit in
writing its inability to, or be generally unable to, pay its debts as such debts become due; or 
 (g) The
Borrower or any of its Significant Subsidiaries shall (i) apply for or consent to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself or of all or a substantial part of its property,
(ii) make a general assignment for the benefit of its creditors, (iii) commence a voluntary case under the Bankruptcy Code (as now or hereafter in effect), (iv) file a petition seeking to take advantage of any other law relating to
bankruptcy, insolvency, reorganization, winding-up, or composition or readjustment of debts, (v) fail to controvert in a timely and appropriate manner, or acquiesce in writing to, any petition filed against it in an involuntary case under the
Bankruptcy Code, or (vi) take any corporate action for the purpose of effecting any of the foregoing; or 

(h) A proceeding or case shall be commenced against the Borrower or any of its Significant Subsidiaries without its
application or consent, in any court of competent jurisdiction, seeking (i) its liquidation, reorganization, dissolution or winding-up, or the composition or readjustment of its debts, (ii) the appointment of a trustee, receiver,
custodian, liquidator or the like of it or of all or any substantial part of its assets, or (iii) similar relief in respect of it under any law relating to bankruptcy, insolvency, reorganization, winding-up, or composition or adjustment of
debts, and such proceeding or case shall continue undismissed, or an order, judgment or decree approving or ordering any of the foregoing shall be entered and continue unstayed and in effect, for a period of 60 days; or an order for relief against
it shall be entered in an involuntary case under the Bankruptcy Code; or 
 (i) A final judgment or judgments for
the payment of money in excess of $50,000,000 in the aggregate shall be rendered by a court or courts against the Borrower and/or any of its Subsidiaries and the same shall not be discharged (or provision shall not be made for such discharge), or a
stay of execution thereof shall not be procured, within 30 days from the date of entry thereof and the Borrower or the relevant Subsidiary shall not, within said period of 30 days, or such longer period during which execution of the same
shall have been stayed, appeal therefrom and cause the execution thereof to be stayed during such appeal; or 

(j) An event or condition specified in Section 8.01(e) shall occur or exist with respect to any Plan or
Multiemployer Plan of the Borrower and, as a result of such event or condition, together with all other such events or conditions, the Borrower or any ERISA Affiliate shall incur or in the opinion of the Majority Lenders shall be reasonably likely
to incur a liability to a Plan, a Multiemployer Plan or PBGC (or any combination of the foregoing) which, in the determination of the Majority Lenders, would reasonably be expected to have a Material Adverse Effect; or 

(k) During any period of 25 consecutive calendar months (i) individuals who were directors of the Borrower on the
first day of such period and (ii) other individuals whose election or nomination to the Board of Directors of the Borrower was approved by 

 

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at least a majority of the individuals referred to in clause (i) above and (iii) other individuals whose election or nomination to the Board of Directors of the Borrower was approved by
at least a majority of the individuals referred to in clauses (i) and (ii) above shall no longer constitute a majority of the Board of Directors of the Borrower. 

THEREUPON: (i) in the case of an Event of Default (other than one referred to in clause (g) or (h) of this
Section 9 in respect of the Borrower) the Administrative Agent may and, upon request of the Majority Lenders, shall, by notice to the Borrower, declare the principal amount of and the accrued interest on the Loans, and all other amounts
payable by the Borrower hereunder and under the Notes, to be forthwith due and payable, whereupon such amounts shall be immediately due and payable without presentment, demand, protest or other formalities of any kind, all of which are hereby
expressly waived by the Borrower; and (ii) in the case of the occurrence of an Event of Default referred to in clause (g) or (h) of this Section 9 in respect of the Borrower, the principal amount then
outstanding of, and the accrued interest on, the Loans and all other amounts payable by the Borrower hereunder and under the Notes shall become automatically immediately due and payable without presentment, demand, protest or other formalities of
any kind, all of which are hereby expressly waived by the Borrower. 
  

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 SECTION 10 

THE ADMINISTRATIVE AGENT 

10.01 Appointment, Powers and Immunities. Each Lender hereby irrevocably (but subject to Section 10.08 )
appoints and authorizes the Administrative Agent to act as its agent hereunder with such powers as are specifically delegated to the Administrative Agent by the terms of this Agreement together with such other powers as are reasonably incidental
thereto. The Administrative Agent (which term as used in this sentence and in Section 10.05 and the first sentence of Section 10.06 shall include reference to its Affiliates and its own and its affiliates’ officers,
directors, employees and agents): (a) shall have no duties or responsibilities except those expressly set forth in this Agreement and shall not by reason of this Agreement be a trustee for any Lender; (b) shall not be responsible to the
Lenders for any recitals, statements, representations or warranties contained in this Agreement or in any certificate or other document referred to or provided for in, or received by any of them under, this Agreement or for the value, validity,
effectiveness, genuineness, enforceability or sufficiency of this Agreement, any Note or any other document referred to or provided for herein or for any failure by the Borrower or any other Person to perform any of its obligations hereunder or
thereunder; (c) shall not be required to initiate or conduct any litigation or collection proceedings hereunder; and (d) shall not be responsible for any action taken or omitted to be taken by it hereunder or under any other document or
instrument referred to or provided for herein or in connection herewith, except for its own gross negligence or willful misconduct. The Administrative Agent may employ agents and attorneys-in-fact and shall not be responsible for the negligence or
misconduct of any such agents or attorneys-in-fact selected by it with reasonable care. The exculpatory provisions of this Section shall apply to any agent or attorney-in-fact of the Administrative Agent and any such agent or attorney-in-fact, and
shall apply to their respective activities in connection with the syndication of the facility provided for herein as well as the activities as Administrative Agent. The provisions of this Section are solely for the benefit of the Administrative
Agent and the Lenders, and the Borrower shall not have any rights as a third party beneficiary of any of such provisions. 

10.02 Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely upon any certification, notice
or other communication (including any thereof by telephone, telex, telegram or cable) believed by it to be genuine and correct and to have been signed or sent by or on behalf of the proper Person or Persons, and upon advice and statements of legal
counsel, independent accountants and other experts selected by the Administrative Agent. Furthermore, the Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (a) the validity, enforceability,
effectiveness or genuineness of this Agreement, any other Credit Document or any other agreement, instrument or document or (b) the satisfaction of any condition set forth in Article V or elsewhere herein, other than to confirm
receipt of items expressly required to be delivered to the Administrative Agent. 
 As to any matters not expressly provided for
by this Agreement, the Administrative Agent shall in all cases be fully protected (a) in acting, or in refraining from acting, hereunder in accordance with instructions signed by the Majority Lenders (or such other number of Lenders as is
expressly required hereby), and such instructions of the Majority Lenders (or such other 
  

 42 

 
number of Lenders) and any action taken or failure to act pursuant thereto shall be binding on all the Lenders and (b) from liability for any action taken or not taken by it in the absence
of its own gross negligence or willful misconduct. 
 10.03 Defaults. The Administrative Agent shall not be deemed
to have knowledge of the occurrence of a Default unless the Administrative Agent has received notice from a Lender or the Borrower specifying such Default and stating that such notice is a “Notice of Default”. In the event that the
Administrative Agent receives such a notice of the occurrence of a Default, the Administrative Agent shall give prompt notice thereof to the Lenders. The Administrative Agent shall (subject to Section 10.07 ) take such action with
respect to such Default as shall be directed by the Majority Lenders, provided that, unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action,
or refrain from taking such action, with respect to such Default as it shall deem advisable in the best interest of the Lenders. 

10.04 Rights as a Lender. With respect to its Commitment and the Loans made by it, Bank of America (and any successor
acting as Administrative Agent), in its capacity as a Lender hereunder shall have the same rights and powers hereunder as any other Lender and may exercise the same as though it were not acting as the Administrative Agent, and the term
“Lender” or “Lenders” shall, unless the context otherwise indicates, include the Administrative Agent in its individual capacity. Bank of America (and any successor acting as Administrative Agent) and its Affiliates may (without
having to account therefor to any Lender) accept deposits from, lend money to and generally engage in any kind of banking, trust or other business with the Borrower (and any of its Affiliates) as if it were not acting as the Administrative Agent,
and Bank of America and its Affiliates may accept fees and other consideration from the Borrower for services in connection with this Agreement or otherwise without having to account for the same to the Lenders. 

10.05 Indemnification. The Lenders agree to indemnify the Administrative Agent (to the extent not reimbursed under
Section 11.03 , but without limiting the obligations of the Borrower under said Section 11.03 ), ratably in accordance with their respective Commitments, for any and all liabilities, obligations, losses, damages, penalties,
actions, judgments, suits, costs, expenses or disbursements of any kind and nature whatsoever which may be imposed on, incurred by or asserted against the Administrative Agent in any way relating to or arising out of this Agreement or any other
documents contemplated by or referred to herein or the transactions contemplated hereby (including, without limitation, the costs and expenses which the Borrower is obligated to pay under Section 11.03 but excluding, unless a Default has
occurred and is continuing, normal administrative costs and expenses incident to the performance of its agency duties hereunder) or the enforcement of any of the terms hereof, or of any such other documents, provided that no Lender shall be
liable for any of the foregoing to the extent they arise from the gross negligence or willful misconduct of the party to be indemnified. 

10.06 Non-Reliance on Administrative Agent and Other Lenders. Each Lender agrees that it has, independently and
without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it has deemed appropriate, made its own credit analysis of the Borrower and its Subsidiaries and decision to enter into this

  

 43 

 
Agreement and that it will, independently and without reliance upon the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the
time, continue to make its own analysis and decisions in taking or not taking action under this Agreement. The Administrative Agent shall not be required to keep itself informed as to the performance or observance by the Borrower of this Agreement
or any other document referred to or provided for herein or to inspect the properties or books of the Borrower or any Subsidiary of the Borrower. Except for notices, reports and other documents and information expressly required to be furnished to
the Lenders by the Administrative Agent hereunder, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the affairs, financial condition or business of the Borrower
or any Subsidiary of the Borrower (or any of their affiliates) which may come into the possession of the Administrative Agent or any of its Affiliates. 

10.07 Failure to Act. Except for action expressly required of the Administrative Agent hereunder the Administrative Agent
shall in all cases be fully justified in failing or refusing to act hereunder unless it shall be indemnified to its satisfaction by the Lenders against any and all liability and expense which may be incurred by it by reason of taking or continuing
to take any such action. 
 10.08 Resignation or Removal of Administrative Agent. The Administrative Agent may at
any time give notice of its resignation to the Lenders and the Borrower. Upon receipt of any such notice of resignation, the Majority Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which shall be a bank with
an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Majority Lenders and shall have accepted such appointment within 30 days after the
retiring Administrative Agent gives notice of its resignation, then the retiring Administrative Agent may on behalf of the Lenders, appoint a successor Administrative Agent meeting the qualifications set forth above. Upon the acceptance of a
successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall
be discharged from all of its duties and obligations hereunder or under the other Credit Documents. The fees payable by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed
between the Borrower and such successor. After the retiring Administrative Agent’s resignation hereunder and under the other Credit Documents, the provisions of this Article and Section 11.03 shall continue in effect for the benefit
of such retiring Administrative Agent, its sub-agents and their respective affiliates in respect of any actions taken or omitted to be taken by any of them while the retiring Administrative Agent was acting as Administrative Agent. 

10.09 Lead Arrangers and Other Agents. Anything herein to the contrary notwithstanding, the Joint Lead Arrangers and Joint
Bookrunners and the Syndication Agent listed on the cover page shall not have any duties or responsibilities under this Agreement, except in their capacity, if any, as Lenders. 

10.10 Exculpatory Provisions. The Administrative Agent shall not have any duties or obligations except those expressly set
forth herein and in the other Credit Documents. Without 
  

 44 

 
limiting the generality of the foregoing, the Administrative Agent (a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is
continuing; (b) shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Credit Documents that the Administrative Agent
is required to exercise as directed in writing by the Majority Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Credit Documents), provided that the Administrative Agent
shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to liability or that is contrary to any Credit Document or applicable law; and (c) shall not, except as expressly
set forth herein and in the other Credit Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to Borrower or any of its Affiliates that is communicated to or obtained by the Person
serving as the Administrative Agent or any of its Affiliates in any capacity. 
 10.11 Administrative Agent May File
Proofs of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other judicial proceeding relative to the Borrower, the Administrative Agent
(irrespective of whether the principal of the Term Loan shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be
entitled and empowered, by intervention in such proceeding or otherwise: 
 (a) to file and prove a claim for the
whole amount of the principal and interest owing and unpaid in respect of the Term Loan and all other obligations of the Borrower that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims
of the Lenders and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders and the Administrative Agent and their respective agents and counsel and all other amounts due the
Lenders and the Administrative Agent under Section 11.03 ) allowed in such judicial proceeding; and 

(b) to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the
same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is
hereby authorized by each Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the Lenders, to pay to the Administrative Agent any amount
due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Section 11.03. 

Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of
any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Term Loan or the obligations of the Borrower hereunder or the rights of any Lender or to authorize the Administrative Agent to vote in respect of the claim
of any Lender in any such proceeding. 
  

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 SECTION 11 

MISCELLANEOUS 

11.01 Waiver. No failure on the part of the Administrative Agent or any Lender to exercise and no delay in exercising, and
no course of dealing with respect to, any right, power or privilege under this Agreement or any Note shall operate as a waiver thereof, nor shall any single or partial exercise of any right, power or privilege under this Agreement or any Note
preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The remedies provided herein and therein are cumulative and not exclusive of any remedies provided by law. 

Notwithstanding anything to the contrary contained herein or in any other Credit Document, the authority to enforce rights and remedies
hereunder and under the other Credit Documents against the Borrower shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the Administrative
Agent in accordance with Section 9 for the benefit of all the Lenders; provided , however , that the foregoing shall not prohibit (a) the Administrative Agent from exercising on its own behalf the rights and remedies
that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Credit Documents, (b) any Lender from exercising setoff rights in accordance with Section 4.05 or (c) any Lender from
filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to the Borrower under the Bankruptcy Code or similar debtor relief laws of the United States or other applicable jurisdictions
from time to time in effect; and provided , further , that if at any time there is no Person acting as Administrative Agent hereunder and under the other Credit Documents, then (i) the Majority Lenders shall have the rights
otherwise ascribed to the Administrative Agent pursuant to Section 9 and (ii) in addition to the matters set forth in clauses (b) and (c) of the preceding proviso and subject to Section 4.05 , any Lender may,
with the consent of the Majority Lenders, enforce any rights and remedies available to it and as authorized by the Majority Lenders. 

11.02 Notices. All notices and other communications provided for herein (including, without limitation, any modifications
of, or requests, demands, waivers or consents under, this Agreement) shall be given or made in writing and telecopied, mailed or delivered to the intended recipient at (i) in the case of the Borrower or the Administrative Agent, the
“Address for Notices” specified below its name on the signature pages hereof and (ii) in the case of each Lender, the address (or telecopy) set forth in its Administrative Questionnaire; or, as to any party, at such other address as
shall be designated by such party in a notice to each other party. Except as otherwise provided in this Agreement, all such communications shall be deemed to have been duly given when transmitted by telecopier or personally delivered or, in the case
of a mailed notice, upon receipt, in each case given or addressed as aforesaid. Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communications pursuant to procedures approved by the
Administrative Agent; provided that the 
  

 46 

 
foregoing shall not apply to notices pursuant to Section 2 unless otherwise agreed by the Administrative Agent and the applicable Lender. The Administrative Agent or the Borrower may,
in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it; provided that approval of such procedures may be limited to particular notices or
communications. 
 THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW)
DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY,
INCLUDING 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 ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM.
In no event shall the Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to the Borrower, any Lender or any other Person for losses, claims, damages, liabilities or expenses of any
kind (whether in tort, contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s transmission of Borrower Materials through the Internet, except to the extent that such losses, claims, damages, liabilities or
expenses are determined by a court of competent jurisdiction by a final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Agent Party; provided, however, that in no event shall any Agent Party have
any liability to the Borrower, any Lender or any other Person for indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual damages). 

11.03 Expenses, Etc. The Borrower agrees to pay or reimburse each of the Lenders and the Administrative Agent for paying:
(a) the reasonable fees and expenses of Moore & Van Allen PLLC, counsel to the Administrative Agent, in connection with (i) the preparation, execution and delivery of this Agreement and the Notes and the making of the Loans
hereunder and (ii) any amendment, modification or waiver (whether or not such amendment, modification or waiver shall become effective) of any of the terms of this Agreement or any of the Notes; (b) all reasonable costs and expenses of the
Lenders and the Administrative Agent (including reasonable counsels’ fees) in connection with the enforcement of this Agreement or any of the Notes; and (c) all transfer, stamp, documentary or other similar taxes, assessments or charges
levied by any governmental or revenue authority in respect of this Agreement, any of the Notes or any other document referred to herein. 

The Borrower hereby agrees to indemnify the Administrative Agent and each Lender and each of their respective Affiliates, and each of the
respective directors, officers, employees, agents and advisors of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims, damages,
liabilities and related expenses, including the reasonable fees, charges and disbursements of any counsel for any Indemnitee, incurred by or asserted against any Indemnitee arising out of, in connection with, or as a result of (i) the execution
or delivery of this Agreement or any agreement or instrument contemplated hereby, the performance by the parties hereto of 
  

 47 

 
their respective obligations hereunder or the consummation of the transactions contemplated hereby, (ii) any Loan or the use of the proceeds therefrom or (iii) any actual or prospective
claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall not, as to
any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or
willful misconduct of such Indemnitee. 
 To the fullest extent permitted by applicable law, the Borrower shall not assert, and
the Borrower hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this
Agreement, any other Credit Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or the use of the proceeds thereof. 

11.04 Amendments, Etc. Except as otherwise expressly provided in this Agreement, any provision of this Agreement may be
amended or modified only by an instrument in writing signed by the Borrower, the Administrative Agent and the Majority Lenders, or by the Borrower, and the Administrative Agent acting with the consent of the Majority Lenders, and any provision of
this Agreement may be waived by the Majority Lenders or by the Administrative Agent acting with the consent of the Majority Lenders; provided that no amendment, modification or waiver shall, unless by an instrument signed by each of the
Lenders affected thereby or by the Administrative Agent acting with the consent of each of the Lenders affected thereby: (i) extend the date fixed for the payment of any principal of or interest on any Loan, (ii) reduce the amount of any
principal of any Loan or the rate at which interest or any fee is payable hereunder, (iii) alter the terms of Section 11 or release the Borrower from any of its material obligations thereunder, (iv) alter the terms of this
Section 11.04 or Section 4.05(b) or (v) amend the definition of the term “Majority Lenders“or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any
rights hereunder or to modify any provision hereof; and provided , further , that any amendment of Section 10 , or which increases the obligations or alters the rights of the Administrative Agent hereunder, shall require
the consent of the Administrative Agent. 
 11.05 Assignments and Participations. 

(a) The Borrower may not assign any of its rights or obligations hereunder or under the Notes without the prior consent of
all of the Lenders and the Administrative Agent. 
 (b) (i) Subject to the conditions set forth in
paragraph (b)(ii) below, any Lender may assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of the Loans at the time owing to it) with the prior written consent
(such consent not to be unreasonably withheld) of (A) the Borrower, provided that no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default has

  

 48 

 
occurred and is continuing, any other assignee; and (B) the Administrative Agent provided that no consent of the Administrative Agent shall be required for an assignment to a Lender,
an Affiliate of a Lender or an Approved Fund. 
 (ii) Assignments shall be subject to the following additional
conditions: 
 (A) except in the case of an assignment to a Lender or an Affiliate of a Lender or an assignment
of the entire remaining principal amount of the Loans at the time owing to such assigning Lender, the principal amount of the Loans owing to such assigning Lender subject to each such assignment (determined as of the date the Assignment and
Assumption with respect to such assignment is delivered to the Administrative Agent) shall not be less than $5,000,000 unless each of the Borrower and the Administrative Agent otherwise consent, provided that no such consent of the Borrower
shall be required if an Event of Default has occurred and is continuing; 
 (B) 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; 

(C) the parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption,
together with a processing and recordation fee of $3,500; and 
 (D) the assignee, if it shall not be a Lender,
shall deliver to the Administrative Agent an Administrative Questionnaire. 
 (iii) Subject to acceptance and
recording thereof pursuant to paragraph (b)(iv) of this Section 11.05 , from and after the effective date specified in each Assignment and Assumption the assignee thereunder shall be a party hereto and, to the extent of the
interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released
from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to
be entitled to the benefits of Sections 5.01 , 5.05 , 5.06 and 11.03 ). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 11.05(b)
shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with Section 11.05(c). 
  

 49 

 (iv) The Administrative Agent, acting for this purpose as an agent of the
Borrower, shall maintain at one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment of, and principal amount of the Loans owing to,
each Lender pursuant to the terms hereof from time to time (the“Register”). The entries in the Register shall be conclusive, and the Borrower, the Administrative Agent, and the Lenders may treat each Person whose name is recorded in
the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower and any Lender, at any reasonable time and
from time to time upon reasonable prior notice. 
 (v) Upon its receipt of a duly completed Assignment and
Assumption executed by an assigning Lender and an assignee, the assignee’s completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in
Section 11.05(b) and any written consent to such assignment required thereby, the Administrative Agent shall accept such Assignment and Assumption and record the information contained therein in the Register. No assignment shall be
effective for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph. 

(c) (i) Any Lender may, without the consent of the Borrower or the Administrative Agent, sell participations to one or more
banks or other entities (a “Participant”) in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a portion of the Loans owing to it); provided that (A) such Lender’s
obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (C) the Borrower, the Administrative Agent, and the other
Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. Any agreement or instrument pursuant to which a Lender sells such a participation shall provide
that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not,
without the consent of the Participant, agree to any amendment, modification or waiver described in the first proviso to Section 11.04 that affects such Participant. Subject to paragraph (c)(ii) of this
Section 11.05 , the Borrower agrees that each Participant shall be entitled to the benefits of Sections 5.01 , 5.05 and 5.06 to the same extent as if it were a Lender and had acquired its interest by assignment
pursuant to paragraph (b) of this Section 11.05. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 4.05(a) as though it were a Lender, provided such
Participant agrees to be subject to Section 4.05(b) as though it were a Lender. 
 (ii) A Participant
shall not be entitled to receive any greater payment under Section 5.01 or 5.06 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the
participation to such Participant is made with the Borrower’s prior written consent. 
  

 50 

 (d) Any Lender may at any time pledge or assign a security interest in all or any
portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank, and this Section shall not apply to any such pledge or assignment of a security
interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(e) A Lender may furnish any information concerning the Borrower or any of its Subsidiaries in the possession of such Lender from
time to time to assignees and participants (including prospective assignees and participants). 
 11.06 Survival.
The obligations of the Borrower under Sections 5.01 , 5.05 and 5.06 , the obligations of the Lenders under Section 10.05 and the obligations of the Borrower under Section 11.03 shall survive the
repayment of the Loans and the termination of the Commitments. In addition, each representation and warranty made, or deemed to be made, by a notice of borrowing of Loans hereunder shall survive the making of such Loans, and no Lender shall be
deemed to have waived, by reason of making any Loan, any Default or Event of Default which may arise by reason of such representation or warranty proving to have been false or misleading, notwithstanding that such Lender or the Administrative Agent
may have had notice or knowledge or reason to believe that such representation or warranty was false or misleading at the time such Loan was made. 

11.07 Captions. Captions and section headings appearing herein are included solely for convenience of reference and are not
intended to affect the interpretation of any provision of this Agreement. 
 11.08 Counterparts; Effectiveness.
This Agreement may be executed in any number of counterparts, each of which shall be identical and all of which, when taken together, shall constitute one and the same instrument, and any of the parties hereto may execute this Agreement by signing
any such counterpart. Except as provided in Section 6.01 , this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof
which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. Delivery of an executed counterpart
of a signature page to this Agreement by telecopy shall be effective as delivery of a manually executed counterpart of this Agreement. 

11.09 Governing Law; Jurisdiction; Service of Process; Waiver of Jury Trial; Etc. (a) THIS
AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. ANY LEGAL ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY, AND ANY ACTION OR PROCEEDING TO
EXECUTE OR OTHERWISE ENFORCE ANY JUDGMENT OBTAINED IN CONNECTION THEREWITH, MAY BE INSTITUTED IN THE SUPREME COURT OF THE STATE OF NEW YORK, COUNTY OF NEW YORK 

 

 51 

 
OR IN THE U.S. DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK, AND THE BORROWER IRREVOCABLY AND UNCONDITIONALLY SUBMITS GENERALLY (BUT NON-EXCLUSIVELY) TO THE JURISDICTION OF EACH SUCH
COURT. THE BORROWER IRREVOCABLY CONSENTS TO THE SERVICE OF ANY AND ALL PROCESS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES OF SUCH PROCESS TO THE BORROWER AT ITS ADDRESS SET FORTH UNDERNEATH ITS SIGNATURE HERETO. THE BORROWER 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. THE BORROWER IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
LAW, ANY OBJECTION WHICH IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT AND ANY CLAIM THAT ANY SUCH PROCEEDING BROUGHT IN SUCH A COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM. THE BORROWER
FURTHER AGREES THAT ANY SUCH ACTION OR PROCEEDING AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY OF THE LENDERS SHALL BE BROUGHT ONLY IN THE SUPREME COURT OF THE STATE OF NEW YORK, COUNTY OF NEW YORK OR IN THE U.S. DISTRICT COURT FOR THE SOUTHERN
DISTRICT OF NEW YORK AND THE ADMINISTRATIVE AGENT AND THE LENDERS HEREBY CONSENT TO THE JURISDICTION OF SUCH COURTS FOR SUCH PURPOSE. 

(b) EACH OF THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY
LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

11.10 Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their
respective successors and permitted assigns. 
 11.11 USA PATRIOT Act. Each Lender hereby notifies the Borrower
that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), such Lender may be required to obtain, verify and record information that identifies the Borrower, which
information includes the name and address of the Borrower and other information that will allow such Lender to identify the Borrower in accordance with said Act. 

11.12 No Advisory or Fiduciary Relationship. In connection with all aspects of each transaction contemplated hereby
(including in connection with any amendment, waiver or other modification hereof or of any other Credit Document), the Borrower acknowledges and agrees, and acknowledges its Affiliates’ understanding, that: (a)(i) the arranging and other
services regarding this Agreement provided by the Administrative Agent, BAS or any Lender, are arm’s-length commercial transactions between the Borrower and its Affiliates, on the one hand, and the Administrative Agent, BAS or any such Lender,
on the other hand, (ii) the Borrower has 
  

 52 

 
consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (iii) the Borrower is capable of evaluating, and understands and accepts, the
terms, risks and conditions of the transactions contemplated hereby and by the other Credit Documents; (b)(i) the Administrative Agent, BAS and each Lender each is and has been acting solely as a principal and, except as expressly agreed in writing
by the relevant parties, has not been, is not and will not be acting as an advisor, agent or fiduciary, for the Borrower or any of Affiliates or any other Person and (ii) neither the Administrative Agent, BAS nor any Lender has any obligation
to the Borrower or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein, in the other Credit Documents and in the Commitment Letter; and (c) the Administrative Agent, BAS
and the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower and its Affiliates, and neither the Administrative Agent, BAS nor any Lender has any
obligation to disclose any of such interests to the Borrower or its Affiliates. To the fullest extent permitted by law, the Borrower hereby waives and releases, any claims that it may have against the Administrative Agent, BAS or any Lender with
respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby. 
  

 53 

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

			
	 NEWELL RUBBERMAID INC.

		
	 By
	 	 /s/ Dale L. Metz

	 Name:
	 	Dale L. Metz
	 Title:
	 	Vice President — Treasurer
	
	 Address for Notices:

	 Newell Rubbermaid Inc.

	 3 Glenlake Parkway, 13 th Floor

	 Atlanta, GA 30328

	
	 Attn: Dale Metz
Vice President-Treasurer

	
	 Telecopier No.: (770) 418-7705

	 Telephone No.: (770) 677-8705

	
	 U.S. Federal Tax Identification No.: 36-3514169

			
	 THE ADMINISTRATIVE AGENT

	
	 BANK OF AMERICA, N.A.

	 as Administrative Agent

		
	 By
	 	 /s/ Joan Mok

	 Name:
	 	Joan Mok
	 Title:
	 	Vice President
	
	 Address for Notices:

	
	 Administrative Agent’s Office

	 (for payments and Requests for Credit Extensions):

	
	 Bank of America, N.A.

	 Building B, 2001 Clayton Road

	 CA4-702-02-25

	 Concord, CA 94520

	 Attention: Jessica Torres, Credit Services

	 Telephone: (925) 675-8139

	 Telecopier: (888) 969-9232

	 Electronic Mail: jessica.l.torres@bankofamerica.com

	
	 Other Notices as Administrative Agent:

	
	 Bank of America, N.A.

	 Agency Management

	 1455 Market Street, 5th Floor

	 CA5-701-15-19

	 San Francisco, CA 94103

	 Attention: Joan Mok

	 Telephone: (415) 436-3496

	 Telecopier: (415) 503-5085

	 Electronic Mail: joan.mok@bankofamerica.com

			
	 LENDERS

	
	 BANK OF AMERICA, N.A

		
	 By
	 	 /s/ David L. Catherall

	 Name:
	 	David L. Catherall
	 Title:
	 	Senior Vice President

			
	 JPMORGAN CHASE BANK, N.A.

		
	 By
	 	 /s/ Anthony W. White

	 Name:
	 	Anthony W. White
	 Title:
	 	Vice President

			
	 THE ROYAL BANK OF SCOTLAND PLC

		
	 By
	 	 /s/ William McGinty

	 Name:
	 	William McGinty
	 Title:
	 	Senior Vice President

			
	 BARCLAYS BANK PLC

		
	 By
	 	 /s/ Nicholas A. Bell

	 Name:
	 	Nicholas A. Bell
	 Title:
	 	Director

			
	 CREDIT SUISSE, CAYMAN ISLANDS BRANCH

		
	 By
	 	 /s/ Doreen Barr

	 Name:
	 	Doreen Barr
	 Title:
	 	Vice President
		
	 By
	 	 /s/ Morenikeji Ajayi

	 Name:
	 	Morenikeji Ajayi
	 Title:
	 	Associate

			
	CITIBANK, N.A.
		
	By	 	 /s/ John Coons

	Name:	 	John Coons
	Title:	 	Vice President

			
	WILLIAM STREET LLC
		
	By	 	 /s/ Mark Walton

	Name:	 	Mark Walton
	Title:	 	Authorized Signatory

			
	ING BANK N.V., DUBLIN BRANCH
		
	By	 	 /s/ Maurice Kenny

	Name:	 	Maurice Kenny
	Title:	 	Director
		
	By	 	 /s/ Sean Hassett

	Name:	 	Sean Hassett
	Title:	 	Director

			
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.
		
	By	 	 /s/ Maria Iarriccio

	Name:	 	Maria Iarriccio
	Title:	 	Authorized Signatory

			
	PNC BANK NATIONAL ASSOCIATION
		
	By	 	 /s/ David B. Gookin

	Name:	 	David B. Gookin
	Title:	 	Senior Vice President

			
	THE NORTHERN TRUST COMPANY
		
	By	 	 /s/ Kathryn Schad Reuther

	Name:	 	Kathryn Schad Reuther
	Title:	 	Vice President

			
	SUMITOMO MITSUI BANKING CORPORATION
		
	By	 	 /s/ Yoshihiro Hyakutome

	Name:	 	Yoshihiro Hyakutome
	Title:	 	General Manager

			
	FIRST HAWAIIAN BANK
		
	By	 	 /s/ Paula C.H. Chang

	Name:	 	Paula C.H. Chang
	Title:	 	Vice President

			
	REGIONS BANK
		
	By	 	 /s/ Stephen H. Lee

	Name:	 	Stephen H. Lee
	Title:	 	Senior Vice President

			
	RBC BANK (USA)
		
	By	 	 /s/ James R. Pryor

	Name:	 	James R. Pryor
	Title:	 	Managing Director

			
	BNP PARIBAS
		
	By	 	 /s/ Paul Harris

	Name:	 	Paul Harris
	Title:	 	Managing Director
		
	By	 	 /s/ Fikret Durmus

	Name:	 	Fikret Durmus
	Title:	 	Vice President

			
	U.S. BANK NATIONAL ASSOCIATION
		
	By	 	 /s/ James N. DeVries

	Name:	 	James N. DeVries
	Title:	 	Senior Vice President

			
	BANK OF COMMUNICATIONS CO., LTD., NEW YORK BRANCH
		
	By	 	 /s/ Hong Tu

	Name:	 	Hong Tu
	Title:	 	General Manager

			
	THE CHIBA BANK, LTD., NEW YORK BRANCH
		
	By	 	 /s/ Yukihito Inamura

	Name:	 	Yukihito Inamura
	Title:	 	General Manager

 Annex I  

Commitments 
  

							
	 Lender
	  	Commitment	  	Applicable Percentage	 
	Bank of America, N.A.	  	$	40,000,000	  	10.000000000	% 
			
	JP Morgan Chase Bank, N.A.	  	$	30,000,000	  	7.500000000	% 
			
	The Royal Bank of Scotland plc	  	$	30,000,000	  	7.500000000	% 
			
	Barclays Bank PLC	  	$	25,000,000	  	6.250000000	% 
			
	Credit Suisse	  	$	25,000,000	  	6.250000000	% 
			
	Citibank, N.A.	  	$	20,000,000	  	5.000000000	% 
			
	William Street LLC	  	$	20,000,000	  	5.000000000	% 
			
	ING Bank N.V., Dublin Branch	  	$	20,000,000	  	5.000000000	% 
			
	The Bank of Tokyo Mitsubishi UFJ, Ltd.	  	$	25,000,000	  	6.250000000	% 
			
	The Northern Trust Company	  	$	20,000,000	  	5.000000000	% 
			
	Sumitomo Mitsui Banking Corporation	  	$	25,000,000	  	6.250000000	% 
			
	First Hawaiian Bank	  	$	20,000,000	  	5.000000000	% 
			
	PNC Bank National Association	  	$	20,000,000	  	5.000000000	% 
			
	Regions Bank	  	$	20,000,000	  	5.000000000	% 
			
	RBC Bank (USA)	  	$	25,000,000	  	6.250000000	% 
			
	BNP Paribas	  	$	10,000,000	  	2.500000000	% 
			
	U.S. Bank National Association	  	$	10,000,000	  	2.500000000	% 
			
	Bank of Communications Co., Ltd., New York Branch	  	$	10,000,000	  	2.500000000	% 
			
	The Chiba Bank, Ltd., New York Branch	  	$	5,000,000	  	1.250000000	% 
		  	 	 	  	 	 
			
	 Total
	  	$	400,000,000	  	100.000000000	% 
		  	 	 	  	 	 

			
	Newell Rubbermaid Inc.	 	SCHEDULE I

 FY 2008 - 2nd Quarter
- As of June 30, 2008 
 (In millions) 
  

										
	 Type of Debt
	  	Interest
Rate	 	 	Maturity
Date	  	Available
Line of Credit	  	Balance
6/30/2008
	 Other Debt Instruments
	  			 		  		  	
	 Commercial Paper
	  	2.7669	% 	 	11/11	  		  	298.0
	 State of MD- 12/09
	  	3.0000	% 	 	12/09	  		  	0.3
	 Rabobank - 9/08
	  	3.4838	% 	 	9/08	  		  	448.0
	 Newell Rubbermaid Poland SA - Citibank Line of Credit*
	  			 		  	13.5	  	—  
	 SANFORD COLOMBIA S.A. - Citibank & Banco di Bogata Line of Credit*
	  			 		  	28.0	  	8.2
	 APRICA KK - Financing - Sojitz
	  			 		  	—  	  	18.2
	 NEWELL RUBBERMAID BRASIL, LTDA. - Bradesco Bank Credit Line*
	  			 		  	15.0	  	—  
	 PARKER PEN (SHANGHAI), LTD. - Bank of Tokyo Mitsubishi Line of Credit*
	  			 		  	5.1	  	—  
	 All Italian Companies - Banca Di Roma Line of Credit*
	  			 		  	25.0	  	—  
	 All UK Companies - Barclays Bank Line of Credit*
	  			 		  	23.6	  	—  
		  			 		  		  	—  
		  			 		  	 	  	 
	 Total:
	  			 		  	110.2	  	772.7
		  			 		  	 	  	 
					
	 Medium Term Notes
	  			 		  		  	
					
	 MTN $500 - 4/2013
	  	5.5000	% 	 	04/13	  		  	500.0
	 MTN $250 - 4/2018
	  	6.2500	% 	 	04/18	  		  	250.0
	 MTN $250 - 12/2009
	  	4.6250	% 	 	12/09	  		  	250.0
	 MTN $250 - 5/2010
	  	4.0000	% 	 	5/10	  		  	250.0
	 MTN $250 - 3/2012
	  	6.7500	% 	 	03/12	  		  	250.0
	 MTN $75 - 7/2028
	  	6.1100	% 	 	07/28	  		  	75.0
	 MTN $250 - 7/2028
	  	6.3500	% 	 	07/28	  		  	250.0
		  			 		  		  	 
	 Total:
	  			 		  		  	1,825.0
		  			 		  		  	 
	TOTAL	  			 		  		  	2,597.7
		  			 		  		  	 

			
	NEWELL RUBBERMAID	 	SCHEDULE II

LIENS 

NONE 

 EXHIBIT A 

FORM OF LOAN NOTICE 

Date:             , 20     

 

			
	To:	  	Bank of America, N.A., as Administrative Agent
		
	Re:	  	Credit Agreement dated as of September 19, 2008 (as amended, modified, supplemented or extended from time to time, the “Credit Agreement”) among Newell Rubbermaid
Inc., a Delaware corporation (the “Borrower”), the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent. Capitalized terms used but not otherwise defined herein have the meanings provided in the
Credit Agreement.

 Ladies and Gentlemen: 

The undersigned hereby requests (select one): 

 ̈ A borrowing of the Term Loan         
 ̈ A Conversion or Continuation of the Term Loan 
  

	1.	On             , 20     (which is a Business Day).

  

	2.	In the amount of $         . 

 

	3.	Comprised of              (Type of Loan requested). 

 

	4.	For LIBO Rate Loans: with an Interest Period of              months. 

[The Borrower hereby represents and warrants that each of the conditions set forth in Section 6.02 of the Credit
Agreement has been satisfied on and as of the date of the borrowing of the Term
Loan.1] 

 

			
	 NEWELL RUBBERMAID INC.,

a Delaware corporation

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	

  

	1
	 This representation shall be required only when borrowing the Term Loan. 

 EXHIBIT B 

FORM OF ASSIGNMENT AND ASSUMPTION 

This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into
by and between [Insert name of Assignor] (the “Assignor”) and [Insert name of Assignee] (the “Assignee”). Capitalized terms used but not defined herein have the meanings provided in the Credit Agreement identified
below, receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and
Assumption as if set forth herein in full. 
 For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee,
and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated
below (i) all of the Assignor’s rights and obligations as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of
all of such outstanding rights and obligations of the Assignor and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against
any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the
foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the
rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except
as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor. 
  

					
	 1.
	  	Assignor:	  	
                                         
           
			
	 2.
	  	Assignee:	  	                             
                        [and is an Affiliate/Approved Fund of [identify Lender]]
			
	 3.
	  	Borrower:	  	Newell Rubbermaid Inc., a Delaware corporation
			
	 4.
	  	Administrative Agent:	  	Bank of America, N.A., as the administrative agent under the Credit Agreement
			
	 5.
	  	Credit Agreement:	  	Credit Agreement dated as of September 19, 2008 (as amended, modified, supplemented or extended from time to time, the “Credit Agreement”) among Newell
Rubbermaid Inc. (the “Borrower”), the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent.

	6.	Assigned Interest: 

  

					
	 Aggregate Amount
of
 Term Loan

for all Lenders
	 	 Amount of

Term Loan

Assigned1
	 	 Percentage Assigned of

 Term Loan2

			
	 	 	 	 	 

  

					
	 7.
	  	Trade Date:	  	
                                    
			
	 8.
	  	Effective Date:	  	
                                    

The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

							
	 ASSIGNOR:
	 		 	[NAME OF ASSIGNOR]
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	
			
	 ASSIGNEE:
	 		 	[NAME OF ASSIGNEE]
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	

  

	1	 Amount to be
adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date. 

	2
	 Set forth, to at least 9 decimals, as a percentage of the Term Loan of all Lenders thereunder. 

 [Consented to
and]3 Accepted: 

 

			
	 BANK OF AMERICA, N.A.,

as Administrative Agent

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	
	
	 Consented to:

	
	 NEWELL RUBBERMAID INC.,

a Delaware corporation

		
	 By:
	 	  

	 Name:
	 	
	 Title:
	 	

  

	3
	 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement. 

 Annex 1 to Assignment and Assumption 

STANDARD TERMS AND CONDITIONS 

1. Representations and Warranties. 
 1.1.
Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and
(iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to
(i) any statements, warranties or representations made in or in connection with the Credit Agreement or any other Credit Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit
Documents or any collateral thereunder, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of any Credit Document or (iv) the performance or observance by the
Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Credit Document. 
 1.2.
Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated
hereby and to become a Lender under the Credit Agreement, (ii) it meets the requirements to be an assignee under Section 11.05 of the Credit Agreement (subject to such consents, if any, as may be required under Section 11.05(b) of the
Credit Agreement), (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder,
(iv) it is sophisticated with respect to decisions to acquire assets of the type represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire the Assigned Interest, is experienced in
acquiring assets of such type, (v) it has received a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to Section 8.01 thereof,
as applicable, and such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest, (vi) it has, independently and
without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the
Assigned Interest, and (vii) attached hereto is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will,
independently and without reliance on the Administrative Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking
action under the Credit Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Credit Documents are required to be performed by it as a Lender. 

2. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including
payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date. 

 3. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit
of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page
of this Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with, the law of the
State of New York.

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