Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 
  

 
  

TERM LOAN CREDIT AGREEMENT 

by and among 

WILMINGTON SAVINGS FUND SOCIETY, FSB, 

as Administrative Agent, 

THE LENDERS THAT ARE PARTIES HERETO 

as the Lenders, 
 and

 NUVERRA ENVIRONMENTAL SOLUTIONS, INC. 

as Borrower 
 Dated as
of April 15, 2016 
  
  

 

 TABLE OF CONTENTS 

 

									
	 	 	 	  	 	  	Page	 
			
	 1.
	 	 DEFINITIONS AND CONSTRUCTION.
	  	 	1	  
				
		 	 1.1.
	  	 Definitions
	  	 	1	  
				
		 	 1.2.
	  	 Accounting Terms
	  	 	1	  
				
		 	 1.3.
	  	 Code
	  	 	2	  
				
		 	 1.4.
	  	 Construction
	  	 	2	  
				
		 	 1.5.
	  	 Time References
	  	 	2	  
				
		 	 1.6.
	  	 Schedules and Exhibits
	  	 	2	  
			
	 2.
	 	 LOANS AND TERMS OF PAYMENT.
	  	 	3	  
				
		 	 2.1.
	  	 Term Loan
	  	 	3	  
				
		 	 2.2.
	  	 [Intentionally Omitted]
	  	 	3	  
				
		 	 2.3.
	  	 Borrowing Procedures
	  	 	3	  
				
		 	 2.4.
	  	 Payments; Reductions of Commitments; Prepayments
	  	 	6	  
				
		 	 2.5.
	  	 Promise to Pay
	  	 	10	  
				
		 	 2.6.
	  	 Interest Rate: Rates, Payments, and Calculations
	  	 	11	  
				
		 	 2.7.
	  	 Crediting Payments
	  	 	12	  
				
		 	 2.8.
	  	 Designated Account
	  	 	12	  
				
		 	 2.9.
	  	 Maintenance of Loan Account; Statements of Obligations
	  	 	12	  
				
		 	 2.10.
	  	 Fees
	  	 	13	  
				
		 	 2.11.
	  	 [Intentionally Omitted]
	  	 	13	  
				
		 	 2.12.
	  	 [Intentionally Omitted]
	  	 	13	  
				
		 	 2.13.
	  	 Capital Requirements
	  	 	13	  
			
	 3.
	 	 CONDITIONS; TERM OF AGREEMENT.
	  	 	14	  
				
		 	 3.1.
	  	 Conditions Precedent to the Effectiveness of this Agreement
	  	 	14	  
				
		 	 3.2.
	  	 Conditions Precedent to all Extensions of Credit
	  	 	14	  
				
		 	 3.3.
	  	 Maturity
	  	 	14	  
				
		 	 3.4.
	  	 Effect of Maturity
	  	 	14	  
				
		 	 3.5.
	  	 Early Termination by Borrower
	  	 	15	  
				
		 	 3.6.
	  	 Conditions Subsequent
	  	 	15	  
			
	 4.
	 	 REPRESENTATIONS AND WARRANTIES.
	  	 	15	  
				
		 	 4.1.
	  	 Due Organization and Qualification; Subsidiaries
	  	 	15	  
				
		 	 4.2.
	  	 Due Authorization; No Conflict
	  	 	16	  

  
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 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	  	 	  	Page	 
				
		 	 4.3.
	  	 Governmental Consents
	  	 	16	  
				
		 	 4.4.
	  	 Binding Obligations; Perfected Liens
	  	 	17	  
				
		 	 4.5.
	  	 Title to Assets; No Encumbrances
	  	 	17	  
				
		 	 4.6.
	  	 Litigation
	  	 	17	  
				
		 	 4.7.
	  	 Compliance with Laws
	  	 	17	  
				
		 	 4.8.
	  	 No Material Adverse Effect
	  	 	18	  
				
		 	 4.9.
	  	 Solvency
	  	 	18	  
				
		 	 4.10.
	  	 Employee Benefits
	  	 	18	  
				
		 	 4.11.
	  	 Environmental Condition
	  	 	18	  
				
		 	 4.12.
	  	 Complete Disclosure
	  	 	18	  
				
		 	 4.13.
	  	 Patriot Act
	  	 	19	  
				
		 	 4.14.
	  	 Indebtedness
	  	 	19	  
				
		 	 4.15.
	  	 Payment of Taxes
	  	 	19	  
				
		 	 4.16.
	  	 Margin Stock
	  	 	19	  
				
		 	 4.17.
	  	 Governmental Regulation
	  	 	20	  
				
		 	 4.18.
	  	 OFAC
	  	 	20	  
				
		 	 4.19.
	  	 Employee and Labor Matters
	  	 	20	  
				
		 	 4.20.
	  	 Material Contracts
	  	 	20	  
				
		 	 4.21.
	  	 Leases
	  	 	20	  
				
		 	 4.22.
	  	 [Intentionally Omitted]
	  	 	20	  
				
		 	 4.23.
	  	 [Intentionally Omitted]
	  	 	21	  
				
		 	 4.24.
	  	 Location of Equipment
	  	 	21	  
				
		 	 4.25.
	  	 [Intentionally Omitted]
	  	 	21	  
				
		 	 4.26.
	  	 Immaterial Subsidiaries
	  	 	21	  
				
		 	 4.27.
	  	 Other Documents
	  	 	21	  
			
	 5.
	 	 AFFIRMATIVE COVENANTS.
	  	 	21	  
				
		 	 5.1.
	  	 Financial Statements, Reports, Certificates
	  	 	21	  
				
		 	 5.2.
	  	 [Intentionally Omitted]
	  	 	21	  
				
		 	 5.3.
	  	 Existence
	  	 	21	  
				
		 	 5.4.
	  	 Maintenance of Properties
	  	 	21	  
				
		 	 5.5.
	  	 Taxes
	  	 	22	  

  
 -ii- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	  	 	  	Page	 
				
		 	 5.6.
	  	 Insurance
	  	 	22	  
				
		 	 5.7.
	  	 Inspection
	  	 	23	  
				
		 	 5.8.
	  	 Compliance with Laws
	  	 	23	  
				
		 	 5.9.
	  	 Environmental
	  	 	23	  
				
		 	 5.10.
	  	 Disclosure Updates
	  	 	23	  
				
		 	 5.11.
	  	 Formation of Subsidiaries
	  	 	23	  
				
		 	 5.12.
	  	 Further Assurances
	  	 	24	  
				
		 	 5.13.
	  	 Lender Meetings
	  	 	25	  
				
		 	 5.14.
	  	 Location of Equipment
	  	 	25	  
				
		 	 5.15.
	  	 [Intentionally Omitted]
	  	 	25	  
				
		 	 5.16.
	  	 Material Contracts
	  	 	25	  
				
		 	 5.17.
	  	 Excess Proceeds Under Indenture
	  	 	25	  
			
	 6.
	 	 NEGATIVE COVENANTS.
	  	 	26	  
				
		 	 6.1.
	  	 Indebtedness
	  	 	26	  
				
		 	 6.2.
	  	 Liens
	  	 	26	  
				
		 	 6.3.
	  	 Restrictions on Fundamental Changes
	  	 	26	  
				
		 	 6.4.
	  	 Disposal of Assets
	  	 	26	  
				
		 	 6.5.
	  	 Nature of Business
	  	 	26	  
				
		 	 6.6.
	  	 Prepayments and Amendments
	  	 	27	  
				
		 	 6.7.
	  	 Restricted Payments
	  	 	27	  
				
		 	 6.8.
	  	 Accounting Methods
	  	 	27	  
				
		 	 6.9.
	  	 Investments
	  	 	28	  
				
		 	 6.10.
	  	 Transactions with Affiliates
	  	 	28	  
				
		 	 6.11.
	  	 Use of Proceeds
	  	 	28	  
				
		 	 6.12.
	  	 Limitation on Issuance of Equity Interests
	  	 	28	  
				
		 	 6.13.
	  	 Immaterial Subsidiaries
	  	 	29	  
				
		 	 6.14.
	  	 Capital Expenditures
	  	 	29	  
				
		 	 6.15.
	  	 Compensation
	  	 	29	  
				
		 	 6.16.
	  	 MIP Term Sheet
	  	 	29	  

  
 -iii- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	  	 	  	Page	 
			
	 7.
	 	 FINANCIAL COVENANTS.
	  	 	29	  
			
	 8.
	 	 EVENTS OF DEFAULT.
	  	 	30	  
				
		 	 8.1.
	  	 Payments
	  	 	30	  
				
		 	 8.2.
	  	 Covenants
	  	 	30	  
				
		 	 8.3.
	  	 Judgments
	  	 	31	  
				
		 	 8.4.
	  	 Voluntary Bankruptcy, etc.
	  	 	31	  
				
		 	 8.5.
	  	 Involuntary Bankruptcy, etc.
	  	 	31	  
				
		 	 8.6.
	  	 Default Under Other Agreements
	  	 	31	  
				
		 	 8.7.
	  	 Representations, etc.
	  	 	31	  
				
		 	 8.8.
	  	 Guaranty
	  	 	32	  
				
		 	 8.9.
	  	 Security Documents
	  	 	32	  
				
		 	 8.10.
	  	 Loan Documents
	  	 	32	  
				
		 	 8.11.
	  	 Change of Control
	  	 	32	  
			
	 9.
	 	 RIGHTS AND REMEDIES.
	  	 	32	  
				
		 	 9.1.
	  	 Rights and Remedies
	  	 	32	  
				
		 	 9.2.
	  	 Remedies Cumulative
	  	 	33	  
			
	 10.
	 	 WAIVERS; INDEMNIFICATION.
	  	 	33	  
				
		 	 10.1.
	  	 Demand; Protest; etc.
	  	 	33	  
				
		 	 10.2.
	  	 The Lender Group’s Liability for Collateral
	  	 	33	  
				
		 	 10.3.
	  	 Indemnification
	  	 	33	  
			
	 11.
	 	 NOTICES.
	  	 	34	  
			
	 12.
	 	 CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER; JUDICIAL REFERENCE PROVISION.
	  	 	35	  
			
	 13.
	 	 ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS.
	  	 	37	  
				
		 	 13.1.
	  	 Assignments and Participations
	  	 	37	  
				
		 	 13.2.
	  	 Successors
	  	 	41	  
			
	 14.
	 	 AMENDMENTS; WAIVERS.
	  	 	41	  
				
		 	 14.1.
	  	 Amendments and Waivers
	  	 	41	  
				
		 	 14.2.
	  	 Replacement of Certain Lenders
	  	 	43	  
				
		 	 14.3.
	  	 No Waivers; Cumulative Remedies
	  	 	43	  

  
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 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	  	 	  	Page	 
			
	 15.
	 	 AGENT; THE LENDER GROUP.
	  	 	43	  
				
		 	 15.1.
	  	 Appointment and Authorization of Agents
	  	 	43	  
				
		 	 15.2.
	  	 Delegation of Duties
	  	 	45	  
				
		 	 15.3.
	  	 Liability of Agent
	  	 	45	  
				
		 	 15.4.
	  	 Reliance by Agent
	  	 	45	  
				
		 	 15.5.
	  	 Notice of Default or Event of Default
	  	 	46	  
				
		 	 15.6.
	  	 Credit Decision
	  	 	46	  
				
		 	 15.7.
	  	 Costs and Expenses; Indemnification
	  	 	46	  
				
		 	 15.8.
	  	 Agents in Individual Capacity
	  	 	47	  
				
		 	 15.9.
	  	 Successor Agent
	  	 	47	  
				
		 	 15.10.
	  	 Lender in Individual Capacity
	  	 	48	  
				
		 	 15.11.
	  	 Collateral Matters
	  	 	48	  
				
		 	 15.12.
	  	 Restrictions on Actions by Lenders; Sharing of Payments
	  	 	49	  
				
		 	 15.13.
	  	 Agency for Perfection
	  	 	50	  
				
		 	 15.14.
	  	 Payments by Agents to the Lenders
	  	 	50	  
				
		 	 15.15.
	  	 Concerning the Collateral and Related Loan Documents
	  	 	50	  
				
		 	 15.16.
	  	 [Intentionally Omitted]
	  	 	50	  
				
		 	 15.17.
	  	 Several Obligations; No Liability
	  	 	50	  
			
	 16.
	 	 WITHHOLDING TAXES.
	  	 	51	  
				
		 	 16.1.
	  	 Payments
	  	 	51	  
				
		 	 16.2.
	  	 Exemptions
	  	 	51	  
				
		 	 16.3.
	  	 Reductions
	  	 	53	  
				
		 	 16.4.
	  	 Refunds
	  	 	53	  
			
	 17.
	 	 GENERAL PROVISIONS.
	  	 	54	  
				
		 	 17.1.
	  	 Effectiveness
	  	 	54	  
				
		 	 17.2.
	  	 Section Headings
	  	 	54	  
				
		 	 17.3.
	  	 Interpretation
	  	 	54	  
				
		 	 17.4.
	  	 Severability of Provisions
	  	 	54	  
				
		 	 17.5.
	  	 [Intentionally Omitted]
	  	 	54	  
				
		 	 17.6.
	  	 Debtor-Creditor Relationship
	  	 	54	  
				
		 	 17.7.
	  	 Counterparts; Electronic Execution
	  	 	54	  

  
 -v- 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	 	 	  	 	  	Page	 
				
		 	 17.8.
	  	 Revival and Reinstatement of Obligations; Certain Waivers
	  	 	55	  
				
		 	 17.9.
	  	 Confidentiality
	  	 	55	  
				
		 	 17.10.
	  	 Survival
	  	 	56	  
				
		 	 17.11.
	  	 Patriot Act
	  	 	57	  
				
		 	 17.12.
	  	 Integration
	  	 	57	  
				
		 	 17.13.
	  	 No Setoff
	  	 	57	  
				
		 	 17.14.
	  	 Intercreditor Agreements
	  	 	57	  

  
 -vi- 

 EXHIBITS AND SCHEDULES 

 

			
	 Exhibit A-1
	  	 Form of Assignment and Acceptance

	 Exhibit C-1
	  	 Form of Compliance Certificate

	 Exhibit P-1
	  	 Form of Perfection Certificate

	 Schedule A-1
	  	 Administrative Agent’s Account

	 Schedule A-2
	  	 Authorized Persons

	 Schedule C-1
	  	 Commitments

	 Schedule D-1
	  	 Designated Account

	 Schedule E-1
	  	 List of Certificated Equipment Unperfected on the Closing Date

	 Schedule P-1
	  	 Permitted Investments

	 Schedule P-2
	  	 Permitted Liens

	 Schedule R-1
	  	 Real Property Collateral

	 Schedule 1.1
	  	 Definitions

	 Schedule 3.1
	  	 Conditions Precedent

	 Schedule 3.6
	  	 Post-Closing Items

	 Schedule 4.1(b)
	  	 Capitalization of Borrower

	 Schedule 4.1(c)
	  	 Capitalization of Borrower’s Subsidiaries

	 Schedule 4.1(d)
	  	 Subscriptions, Options, Warrants, Calls

	 Schedule 4.6
	  	 Litigation

	 Schedule 4.11
	  	 Environmental Matters

	 Schedule 4.14
	  	 Permitted Indebtedness

	 Schedule 4.20
	  	 Material Contracts

	 Schedule 4.24
	  	 Location of Equipment

	 Schedule 5.14
	  	 List of Chief Executive Offices

	 Schedule 5.1
	  	 Financial Statements, Reports, Certificates

	 Schedule 6.5
	  	 Nature of Business

  
 -vii- 

 TERM LOAN CREDIT AGREEMENT 

THIS TERM LOAN CREDIT AGREEMENT (this “Agreement”), is entered into as of April 15, 2016, by and among the lenders identified
on the signature pages hereof (each of such lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”, as that term is hereinafter further defined), WILMINGTON SAVINGS FUND SOCIETY,
FSB, as administrative agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, “Administrative Agent”), and NUVERRA ENVIRONMENTAL SOLUTIONS, INC., a Delaware
corporation (“Borrower”). 
 WHEREAS, Borrower has requested that the Lenders provide a term loan credit facility,
and the Lenders are willing to do so on the terms and conditions set forth herein. 
 NOW THEREFORE, in consideration of the mutual
covenants and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 

 

	1.	DEFINITIONS AND CONSTRUCTION. 

 1.1. Definitions. Capitalized terms used in
this Agreement shall have the meanings specified therefor on Schedule 1.1. 
 1.2. Accounting Terms. All accounting
terms not specifically defined herein shall be construed in accordance with GAAP; provided, that if Borrower notifies Administrative Agent that Borrower requests an amendment to any provision hereof to eliminate the effect of any Accounting
Change occurring after the Closing Date or in the application thereof on the operation of such provision (or if Administrative Agent notifies Borrower that the Required Lenders request an amendment to any provision hereof for such purpose),
regardless of whether any such notice is given before or after such Accounting Change or in the application thereof, then Administrative Agent and Borrower agree that they will negotiate in good faith amendments to the provisions of this Agreement
that are directly affected by such Accounting Change with the intent of having the respective positions of the Lenders and Borrower after such Accounting Change conform as nearly as possible to their respective positions prior to giving effect to
such Accounting Change and, until any such amendments have been agreed upon and agreed to by the Required Lenders, the provisions in this Agreement shall be calculated as if no such Accounting Change had occurred. When used herein, the term
“financial statements” shall include the notes and schedules thereto. Whenever the term “Borrower” is used in respect of a financial covenant or a related definition, it shall be understood to mean Borrower and its
Subsidiaries on a consolidated basis, unless the context clearly requires otherwise. Notwithstanding anything to the contrary contained herein, (a) all financial statements delivered hereunder shall be prepared, and all financial covenants
contained herein shall be calculated, without giving effect to any election under the Statement of Financial Accounting Standards No. 159 (or any similar accounting principle) permitting a Person to value its financial liabilities or Indebtedness at
the fair value thereof, and (b) the term “unqualified opinion” as used herein to refer to opinions or reports provided by accountants shall mean an opinion or report that is (i) unqualified, and (ii) does not include any
explanation, supplemental comment, or other comment concerning the ability of the applicable Person to continue as a going concern or concerning the scope of the audit. 

 1.3. Code. Any terms used in this Agreement that are defined in the Code shall be
construed and defined as set forth in the Code unless otherwise defined herein; provided, that to the extent that the Code is used to define any term herein and such term is defined differently in different Articles of the Code, the
definition of such term contained in Article 9 of the Code shall govern. 
 1.4. Construction. Unless the context of this
Agreement or any other Loan Document clearly requires otherwise, references to the plural include the singular, references to the singular include the plural, the terms “includes” and “including” are not limiting, and the
term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase “and/or.” The words “hereof,” “herein,” “hereby,” “hereunder,” and similar terms in
this Agreement or any other Loan Document refer to this Agreement or such other Loan Document, as the case may be, as a whole and not to any particular provision of this Agreement or such other Loan Document, as the case may be. Section,
subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified. Any reference in this Agreement or in any other Loan Document to any agreement, instrument, or document shall include all alterations,
amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications,
renewals, replacements, substitutions, joinders, and supplements set forth herein). The words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible
assets and properties. Any reference herein or in any other Loan Document to the satisfaction, repayment, or payment in full of the Obligations shall mean (a) the payment or repayment in full in immediately available funds of (i) the
principal amount of, and interest accrued and unpaid with respect to, all outstanding Loans, together with the payment of any premium applicable to the repayment of the Loans, (ii) all Lender Group Expenses that have accrued and are unpaid
regardless of whether demand has been made therefor, (iii) all fees or charges that have accrued hereunder or under any other Loan Document and are unpaid, (b) the payment or repayment in full in immediately available funds of all other
outstanding Obligations other than unasserted contingent indemnification Obligations, and (c) the termination of all of the Commitments of the Lenders. Any reference herein to any Person shall be construed to include such Person’s
successors and assigns. Any requirement of a writing contained herein or in any other Loan Document shall be satisfied by the transmission of a Record. 

1.5. Time References. Unless the context of this Agreement or any other Loan Document clearly requires otherwise, all references
to time of day refer to Eastern standard time or Eastern daylight saving time, as in effect in Atlanta, Georgia on such day. For purposes of the computation of a period of time from a specified date to a later specified date, the word
“from” means “from and including” and the words “to” and “until” each means “to and including”; provided that, with respect to a computation of fees or interest payable to Administrative Agent
or any Lender, such period shall in any event consist of at least one full day. 
 1.6. Schedules and Exhibits. All of the
schedules and exhibits attached to this Agreement shall be deemed incorporated herein by reference. 

  
 -2- 

	2.	LOANS AND TERMS OF PAYMENT. 

 2.1. Term Loan. 

(a) Subject to the terms and conditions of this Agreement, each Term Lender agrees (severally, not jointly or jointly and severally) to make a
simultaneous loan or loans (“Term Loans”) to Borrower on the Closing Date in an amount not to exceed such Lender’s Term Commitment. 

(b) Amounts borrowed pursuant to this Section 2.1 may be repaid subject to the terms and conditions of this Agreement, but once repaid
may not be reborrowed at any time during the term of this Agreement. The outstanding principal amount of the Term Loans, together with interest accrued and unpaid thereon, shall constitute Obligations and shall be due and payable on the
Maturity Date or, if earlier, on the date on which they are declared due and payable pursuant to the terms of this Agreement. 
 2.2.
[Intentionally Omitted]. 
 2.3. Borrowing Procedures. 

(a) Procedure for Borrowing Term Loans. The Borrowing described in Section 2.1(a) shall be made by a written request by an
Authorized Person delivered to Administrative Agent and received by Administrative Agent no later than 10:00 a.m. on the Business Day that is 1 Business Day prior to the requested Funding Date, specifying (A) the amount of such Borrowing, and
(B) the requested Funding Date (which shall be a Business Day); provided, that Administrative Agent may, in its sole discretion, elect to accept as timely requests that are received later than 10:00 a.m. on the applicable Business
Day. At Administrative Agent’s election, in lieu of delivering the above-described written request, any Authorized Person may give Administrative Agent telephonic notice of such request by the required time. In such circumstances,
Borrower agrees that any such telephonic notice will be confirmed in writing within 24 hours of the giving of such telephonic notice, but the failure to provide such written confirmation shall not affect the validity of the request. 

(b) [Intentionally Omitted]. 

(c) Making of Term Loans. 

(i) After receipt of a request for a Borrowing pursuant to Section 2.3(a), Administrative Agent shall notify the Lenders by telecopy,
telephone, email, or other electronic form of transmission, of the requested Borrowing; such notification to be sent by 1:00 p.m. on the Business Day that is 1 Business Day prior to the requested Funding Date. If Administrative Agent has
notified the Lenders of a requested Borrowing on the Business Day that is 1 Business Day prior to the Funding Date, then each Lender shall make the amount of such Lender’s Pro Rata Share of the requested Borrowing available to Administrative
Agent in immediately available funds, to Administrative Agent’s Account, not later than 10:00 a.m. on the Business Day that is the requested Funding Date. After Administrative Agent’s receipt of the proceeds of such Term Loans from
the Lenders, Administrative Agent shall make the proceeds thereof available to Borrower on the applicable Funding Date by transferring immediately available funds equal to such proceeds received by Administrative Agent to the Designated Account;
provided, that, subject to the provisions of Section 2.3(d)(ii), no Lender shall have an obligation to make any Term Loan if one or more of the applicable conditions precedent set forth in Section 3 will not be

  
 -3- 

 
satisfied on the requested Funding Date for the applicable Borrowing unless such condition has been waived. 

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

(e) [Intentionally Omitted]. 

(f) Notation. Administrative Agent, as a non-fiduciary agent for Borrower, shall maintain a register showing the principal amount of
the Term Loans owing to each Lender, and the interests therein of each Lender, from time to time and such register shall, absent manifest error, conclusively be presumed to be correct and accurate. 

(g) Defaulting Lenders. 

(i) Notwithstanding the provisions of Section 2.4(b)(ii), Administrative Agent shall not be obligated to transfer to a Defaulting
Lender any payments made by Borrower to Administrative Agent for the Defaulting Lender’s benefit or any proceeds of Collateral that would 

  
 -4- 

 
otherwise be remitted hereunder to the Defaulting Lender, and, in the absence of such transfer to the Defaulting Lender, Administrative Agent shall transfer any such payments (A) first, to
each Non-Defaulting Lender ratably in accordance with their Commitments (but, in each case, only to the extent that such Defaulting Lender’s portion of a Term Loan (or other funding obligation) was funded by such other Non-Defaulting Lender),
(B) second, in Administrative Agent’s sole discretion, to a suspense account maintained by Administrative Agent, the proceeds of which shall be retained by Administrative Agent and may be made available to be re-advanced to or for the
benefit of Borrower (upon the request of Borrower and subject to the conditions set forth in Section 3.2) as if such Defaulting Lender had made its portion of Term Loans (or other funding obligations) hereunder, and (C) third, from and
after the date on which all other Obligations have been paid in full, to such Defaulting Lender in accordance with tier (G) of Section 2.4(b)(ii). Subject to the foregoing, Administrative Agent may hold and, in its discretion, re-lend to
Borrower for the account of such Defaulting Lender the amount of all such payments received and retained by Administrative Agent for the account of such Defaulting Lender. Solely for the purposes of voting or consenting to matters with respect
to the Loan Documents (including the calculation of Pro Rata Share in connection therewith) and for the purpose of calculating the fee payable under Section 2.10(b), such Defaulting Lender shall be deemed not to be a “Lender” and
such Lender’s Commitment shall be deemed to be zero; provided, that the foregoing shall not apply to any of the matters governed by Section 14.1(a)(i) through (iii). The provisions of this Section 2.3(g) shall
remain effective with respect to such Defaulting Lender until the earlier of (y) the date on which all of the Non-Defaulting Lenders, Administrative Agent and Borrower shall have waived, in writing, the application of this Section 2.3(g)
to such Defaulting Lender, or (z) the date on which such Defaulting Lender makes payment of all amounts that it was obligated to fund hereunder, pays to Administrative Agent all amounts owing by Defaulting Lender in respect of the amounts that
it was obligated to fund hereunder, and, if requested by Administrative Agent, provides adequate assurance of its ability to perform its future obligations hereunder. The operation of this Section 2.3(g) shall not be construed to
increase or otherwise affect the Commitment of any Lender, to relieve or excuse the performance by such Defaulting Lender or any other Lender of its duties and obligations hereunder, or to relieve or excuse the performance by Borrower of its duties
and obligations hereunder to Administrative Agent or to the Lenders other than such Defaulting Lender. Any failure by a Defaulting Lender to fund amounts that it was obligated to fund hereunder shall constitute a material breach by such
Defaulting Lender of this Agreement and shall entitle Borrower, at its option, upon written notice to Administrative Agent, to arrange for a substitute Lender to assume the Commitment of such Defaulting Lender, such substitute Lender to be
reasonably acceptable to Administrative Agent. In connection with the arrangement of such a substitute Lender, the Defaulting Lender shall have no right to refuse to be replaced hereunder, and agrees to execute and deliver a completed form of
Assignment and Acceptance in favor of the substitute Lender (and agrees that it shall be deemed to have executed and delivered such document if it fails to do so) subject only to being paid its share of the outstanding Obligations; provided,
that any such assumption of the Commitment of such Defaulting Lender shall not be deemed to constitute a waiver of any of the Lender Groups’ or Borrower’s rights or remedies against any such Defaulting Lender arising out of or in relation
to such failure to fund. In the event of a direct conflict between the priority provisions of this Section 2.3(g) and any other provision contained in this Agreement or any other Loan Document, it is the intention of the parties hereto
that such provisions be read together and construed, to the fullest extent possible, to be in concert with each other. In the event of any actual, irreconcilable conflict that cannot be resolved as aforesaid, the terms and provisions of this
Section 2.3(g) shall control and govern. 
 (h) Independent Obligations. The Term Loans shall be made by the Lenders
contemporaneously and in accordance with their Pro Rata Shares. It is understood that (i) no Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan (or

  
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other extension of credit) hereunder, nor shall any Commitment of any Lender be increased or decreased as a result of any failure by any other Lender to perform its obligations hereunder, and
(ii) no failure by any Lender to perform its obligations hereunder shall excuse any other Lender from its obligations hereunder. 

2.4. Payments; Reductions of Commitments; Prepayments. 

(a) Payments by Borrower. 

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

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

(i) So long as no Application Event has occurred and is continuing and except as otherwise provided herein with respect to Defaulting
Lenders, all principal and interest payments received by Administrative Agent shall be apportioned ratably among the Lenders (according to the unpaid principal balance of the Obligations to which such payments relate held by each Lender) and all
payments of fees and expenses received by Administrative Agent shall be apportioned ratably among the Lenders having a Pro Rata Share of the type of Commitment or Obligation to which a particular fee or expense relates. Subject to Section
2.4(b)(iv) and Section 2.4(e), all payments to be made hereunder by Borrower shall be remitted to Administrative Agent and all such payments, and all proceeds of Collateral received by Administrative Agent (unless required to be applied
to the Revolving Credit Agreement Obligations pursuant to the Pari Passu Intercreditor Agreement), shall be applied, so long as no Application Event has occurred and is continuing and except as otherwise provided herein with respect to Defaulting
Lenders, to reduce the balance of the Term Loans outstanding and, thereafter, to Borrower (to be wired to the Designated Account) or such other Person entitled thereto under applicable law. 

(ii) At any time that an Application Event has occurred and is continuing and except as otherwise provided herein with respect to Defaulting
Lenders, all payments remitted to 

  
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Administrative Agent and all proceeds of Collateral received by Administrative Agent or Collateral Agent shall be applied as follows: 

(A) first, ratably, to pay any Lender Group Expenses (including cost or expense reimbursements) or indemnities then due to any Agent
under the Loan Documents, until paid in full, 
 (B) second, ratably, to pay any fees or premiums then due to any Agent under the
Loan Documents until paid in full, 
 (C) third, ratably, to pay any Lender Group Expenses (including cost or expense
reimbursements) or indemnities then due to any of the Lenders under the Loan Documents, until paid in full, 
 (D) fourth, ratably,
to pay any fees or premiums then due to any of the Lenders under the Loan Documents until paid in full, 
 (E) fifth, ratably, to
pay interest accrued in respect of the Term Loans until paid in full, 
 (F) sixth, ratably, to pay the principal of all Term Loans
until paid in full, 
 (G) seventh, to pay any other Obligations other than Obligations owed to Defaulting Lenders, 

(H) eighth, ratably to pay any Obligations owed to Defaulting Lenders; and 

(I) ninth, to Borrower (to be wired to the Designated Account) or such other Person entitled thereto under applicable law. 

(iii) Administrative Agent promptly shall distribute to each Lender, pursuant to the applicable wire instructions received from each Lender
in writing, such funds as it may be entitled to receive. 
 (iv) In each instance, so long as no Application Event has occurred and is
continuing, Section 2.4(b)(i) shall not apply to any payment made by Borrower to Administrative Agent and specified by Borrower to be for the payment of specific Obligations then due and payable (or prepayable) under any provision of this
Agreement or any other Loan Document. 
 (v) For purposes of Section 2.4(b)(ii), “paid in full” of a type of Obligation
means payment in cash or immediately available funds of all amounts owing on account of such type of Obligation, including interest accrued after the commencement of any Insolvency Proceeding, default interest, interest on interest, and expense
reimbursements, irrespective of whether any of the foregoing would be or is allowed or disallowed in whole or in part in any Insolvency Proceeding. 

  
 -7- 

 (vi) In the event of a direct conflict between the priority provisions of this Section
2.4 and any other provision contained in this Agreement or any other Loan Document, it is the intention of the parties hereto that such provisions be read together and construed, to the fullest extent possible, to be in concert with each
other. In the event of any actual, irreconcilable conflict that cannot be resolved as aforesaid, if the conflict relates to the provisions of Section 2.3(g) and this Section 2.4, then the provisions of Section 2.3(g) shall
control and govern, and if otherwise, then the terms and provisions of this Section 2.4 shall control and govern. 
 (c)
Termination of Term Commitments. The Term Commitments shall be automatically and permanently terminated on the date of the Borrowing of Term Loans under Section 2.1(a). 

(d) Optional Prepayments. After January 1, 2018 (or earlier, if the Discharge of Revolving Credit Agreement Obligations has occurred),
Borrower may prepay the principal of any Term Loan at any time in whole or in part, without premium or penalty, if the Availability Conditions have been satisfied. 

(e) Mandatory Prepayments. 

(i) [Intentionally Omitted]. 

(ii) Dispositions. Subject to Section 2.4(f)(ii), within 3 Business Days of the date of receipt (or if an Activation
Instruction (as defined in the Guaranty and Security Agreement) is in effect concurrently with receipt) by Borrower or any of its Subsidiaries of the Net Cash Proceeds of any voluntary or involuntary sale or disposition by Borrower or any of its
Subsidiaries of assets (including casualty losses or condemnations but excluding sales or dispositions which qualify as Permitted Dispositions under clauses (b), (c), (d), (e), (j), (k), (l), (m), or (n) of the definition of Permitted Dispositions),
Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(i) in an amount equal to 100% of such Net Cash Proceeds (including condemnation awards and payments in lieu thereof) received by such
Person in connection with such sales or dispositions; provided that, except with respect to a sale or disposition permitted under clause (p) of the definition of Permitted Dispositions, so long as (A) no Default or Event of Default shall
have occurred and is continuing or would result therefrom, (B) Borrower shall have given Administrative Agent prior written notice of Borrower’s intention to apply such monies to the costs of replacement of the properties or assets that
are the subject of such sale or disposition or the cost of purchase or construction of other assets useful in the business of Borrower or its Subsidiaries, (C) the monies are held in a Deposit Account in which Collateral Agent has a perfected
first-priority security interest, and (D) Borrower or its Subsidiaries, as applicable, complete such replacement, purchase, or construction within 180 days after the initial receipt of such monies, then the Loan Party whose assets were the
subject of such disposition shall have the option to apply such monies to the costs of replacement of the assets that are the subject of such sale or disposition or the costs of purchase or construction of other assets useful in the business of such
Loan Party unless and to the extent that such applicable period shall have expired without such replacement, purchase, or construction being made or completed, in which case, any amounts remaining in the Deposit Account referred to in clause (C)
above shall be paid to Administrative Agent and applied in accordance with Section 2.4(f)(i). Nothing contained in this Section 2.4(e)(ii) shall permit Borrower or any of its Subsidiaries to sell or otherwise dispose of any assets
other than in accordance with Section 6.4. 

  
 -8- 

 (iii) Extraordinary Receipts. Subject to Section 2.4(f)(ii), within 3
Business Days of the date of receipt (or if an Activation Instruction (as defined in the Guaranty and Security Agreement) is in effect concurrently with receipt) by Borrower or any of its Subsidiaries of any Extraordinary Receipts, Borrower shall
prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(i) in an amount equal to 100% of such Extraordinary Receipts, net of any reasonable expenses incurred in collecting such Extraordinary Receipts. 

(iv) Indebtedness. Subject to Section 2.4(f)(ii), within 3 Business Days of the date of incurrence (or if an Activation
Instruction (as defined in the Guaranty and Security Agreement) is in effect concurrently with incurrence) by Borrower or any of its Subsidiaries of any Indebtedness (other than Permitted Indebtedness), Borrower shall prepay the outstanding
principal amount of the Obligations in accordance with Section 2.4(f)(i) in an amount equal to 100% of the Net Cash Proceeds received by such Person in connection with such incurrence. The provisions of this Section 2.4(e)(iv)
shall not be deemed to be implied consent to any such incurrence otherwise prohibited by the terms of this Agreement. 
 (v)
Equity. Subject to Section 2.4(f)(ii), within 3 Business Days of the date of the issuance (or if an Activation Instruction (as defined in the Guaranty and Security Agreement) is in effect concurrently with issuance) by Borrower or
any of its Subsidiaries of any Equity Interests (other than (A) in the event that Borrower or any of its Subsidiaries forms any Subsidiary in accordance with the terms hereof, the issuance by such Subsidiary of Equity Interests to Borrower or
such Subsidiary, as applicable, (B) the issuance of Equity Interests by Borrower to any Person that is an equity holder of Borrower prior to such issuance (a “Subject Holder”) so long as such Subject Holder did not acquire any
Equity Interest of Borrower so as to become a Subject Holder concurrently with, or in contemplation of, the issuance of such Equity Interests to such Subject Holder, (C) the issuance of Equity Interests of Borrower to directors, officers,
employees and consultants of Borrower and its Subsidiaries pursuant to stock option plans (or other incentive plans or other compensation arrangements) approved by the Board of Directors, (D) the issuance of Equity Interests of Borrower in
order to finance the purchase consideration (or a portion thereof) in connection with a Permitted Acquisition, Acquisition consummated prior to the Closing Date or Capital Expenditures, (E) the issuance of Equity Interests in connection with the
Rights Offering and (F) the issuance of Equity Interests by a Subsidiary of Borrower to its parent or member in connection with the contribution by such parent or member to such Subsidiary of the proceeds of an issuance described in clauses (A)
– (E) above), Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(i) in an amount equal to 100% of the Net Cash Proceeds received by such Person in connection with such issuance.

 (vi) Excess Cash Flow. 

(A) Prior to the Discharge of the Revolving Credit Obligations. If, prior to the Discharge of the Revolving Credit Obligations,
there shall be Excess Cash Flow for any fiscal year of Borrower commencing with the fiscal year ending on or about December 31, 2017, then (x) on the tenth Business Day after financial statements have been (or, if earlier, were required to be)
delivered for such fiscal year of Borrower pursuant to Section 6.1 (such Business Day, the “Initial ECF Application Date”), Borrower shall prepay the outstanding principal amount of the Obligations in accordance with
Section 2.4(f)(i) in an amount equal to the lesser of (such lesser amount, a “Permissible ECF Application Amount”) (I) such amount of Excess Cash Flow that both before and immediately after the application thereof to the
Obligations, the Availability Conditions are satisfied and (II) 100% of the Excess Cash 

  
 -9- 

 
Flow for such prior fiscal year and (y) to the extent the Permissible ECF Application Amount paid on the Initial ECF Application Date is less than 100% of the Excess Cash Flow for such prior
year, on the tenth Business Day after financial statements have been (or, if earlier, were required to be) delivered pursuant to Section 6.1 for each fiscal quarter of Borrower following the Initial ECF Application Date, Borrower shall prepay
the outstanding principal amount of the Obligations in accordance with Section 2.4(f)(i) in an amount equal to then Permissible ECF Application Amount until such time as the aggregate of all Permissible ECF Application Amounts paid by
Borrower pursuant to this Section 2.4(e)(vi)(A) reaches 100% of the Excess Cash Flow for such prior fiscal year. 
 (B) After the
Discharge of the Revolving Credit Obligations. If there shall be Excess Cash Flow for any fiscal year of Borrower ending immediately after the Discharge of the Revolving Credit Obligations, then on the tenth Business Day after financial
statements have been (or, if earlier, were required to be) delivered for such fiscal year of Borrower pursuant to Section 6.1, Borrower shall prepay the outstanding principal amount of the Obligations in accordance with Section
2.4(f)(i) in an amount equal to 100% of the Excess Cash Flow for such prior fiscal year. 
 (f) Application of Payments. 

(i) Each prepayment pursuant to Section 2.4(e) shall (A) so long as no Application Event shall have occurred and be continuing,
be applied, first to the outstanding principal amount of the Term Loans until paid in full, and (B) if an Application Event shall have occurred and be continuing, be applied in the manner set forth in Section 2.4(b)(ii). 

(ii) Notwithstanding anything to the contrary herein, Borrower shall have no obligations under, and no payments shall be required or made
pursuant to, Section 2.4(e) (other than Section 2.4(e)(vi)) except to the extent that either (A) as of the due date of such prepayment (x) the Discharge of Revolving Credit Agreement Obligations shall have occurred or (y) no Loans are
outstanding under the Revolving Credit Agreement and a Prepayment Block (as defined in the Revolving Credit Agreement as in effect on the date hereof or as amended, supplemented or modified from time to time so long as such amendment, supplement or
modification does not result in the reduction of the payments or prepayments of the Term Loans permitted hereunder) with respect to such prepayment is established pursuant to the Revolving Credit Agreement, (B) no mandatory prepayment is required
under the Revolving Credit Agreement in connection with the event giving rise to such prepayment or (C) a mandatory prepayment has been waived by the “Lenders” under and as defined in the Revolving Credit Agreement. 

2.5. Promise to Pay. 

(a) Borrower agrees to pay the Lender Group Expenses on the earlier of (i) the first day of the month following the date on which the
applicable Lender Group Expenses were first incurred or (ii) the date on which demand therefor is made by Administrative Agent (it being acknowledged and agreed that any charging of such costs, expenses or Lender Group Expenses to the Loan
Account pursuant to the provisions of Section 2.6(d) shall be deemed to constitute a demand for payment thereof for the purposes of this subclause (ii)). Borrower promises to pay all of the Obligations (including principal, interest,
premiums, if any, fees, costs, and expenses (including Lender Group Expenses)) in full on the Maturity Date or, if earlier, on the date on which the Obligations become due and payable pursuant to the terms of this Agreement. Borrower agrees
that its obligations contained in the first sentence of this Section 2.5 shall survive payment or satisfaction in full of all other Obligations. 

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

(a) Interest Rates. Except as provided in Section 2.6(c), all Loans, and Obligations that have been charged to the Loan
Account pursuant to the terms hereof, shall bear interest at a per annum rate equal to 13.00%. 
 (b) [Intentionally
Omitted]. 
 (c) Default Rate. Upon the occurrence and during the continuation of a Default arising under Section 8.1 or
any Event of Default and at the election of Administrative Agent or the Required Lenders, all Loans, and Obligations that have been charged to the Loan Account pursuant to the terms hereof, shall bear interest at a per annum rate equal to 4
percentage points above the per annum rate otherwise applicable thereunder. 
 (d) Payment. Except to the extent provided to the
contrary in Section 2.10, (i) all interest shall be capitalized and added to the principal amount of the Term Loans monthly, in arrears, and shall be charged to the Loan Account on the first day of each month, (ii) all fees payable
hereunder or under any of the other Loan Documents shall be due and payable, in arrears, on the first day of each month and (iii) all costs and expenses payable hereunder or under any of the other Loan Documents, and all Lender Group Expenses
shall be due and payable on the earlier of (x) the first day of the month following the date on which the applicable costs, expenses, or Lender Group Expenses were first incurred or (y) the date on which demand therefor is made by
Administrative Agent (it being acknowledged and agreed that any charging of such costs, expenses or Lender Group Expenses to the Loan Account pursuant to the provisions of the following sentence shall be deemed to constitute a demand for payment
thereof for the purposes of this subclause (y)). Borrower hereby authorizes Administrative Agent, from time to time without prior notice to Borrower, to charge to the Loan Account (A) on the first day of each month, all interest accrued
during the prior month on the Term Loans hereunder, (B) as and when incurred or accrued, all fees and costs provided for in Section 2.10(a), (C) as and when due and payable, all other fees payable hereunder or under any of the other
Loan Documents, (D) as and when incurred or accrued, all other Lender Group Expenses, and (E) as and when due and payable, all other payment obligations payable under any Loan Document. All amounts (including interest, fees, costs,
expenses, Lender Group Expenses, or other amounts payable hereunder or under any other Loan Document) charged to the Loan Account shall thereupon constitute Obligations hereunder, and shall accrue interest at the rate applicable to Term Loans. 

(e) Computation. All interest and fees chargeable under the Loan Documents shall be computed on the basis of a 360 day year, in
each case, for the actual number of days elapsed in the period during which the interest or fees accrue. 

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

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

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

  
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 2.10. Fees. Borrower shall pay to Administrative Agent, for the account of
Administrative Agent, as and when due and payable under the terms of the Fee Letter, the fees set forth in the Fee Letter. 
 2.11.
[Intentionally Omitted]. 
 2.12. [Intentionally Omitted]. 

2.13. Capital Requirements. 

(a) If, after the date hereof, any Lender determines that (i) any Change in Law regarding capital or reserve requirements for banks or
bank holding companies, (ii) any Change in Law relating to Taxes (other than (A) Indemnified Taxes, (B) Taxes described in clauses (ii) through (iv) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its Loans, commitments or
other obligations, or its deposits, reserves, other liabilities or capital attributable thereto or (iii) compliance by such Lender, or their respective parent bank holding companies, with any guideline, request or directive of any Governmental
Authority regarding capital adequacy (whether or not having the force of law), has the effect of reducing the return on such Lender’s, or such holding companies’ capital as a consequence of such Lender’s commitments, Loans,
participations or other obligations hereunder to a level below that which such Lender, or such holding companies could have achieved but for such Change in Law or compliance (taking into consideration such Lender’s, or such holding
companies’ then existing policies with respect to capital adequacy and assuming the full utilization of such entity’s capital) by any amount deemed by such Lender to be material, then such Lender may notify Borrower and Administrative
Agent thereof. Following receipt of such notice, Borrower agrees to pay such Lender on demand the amount of such reduction of return of capital as and when such reduction is determined, payable within 30 days after presentation by such Lender
of a statement in the amount and setting forth in reasonable detail such Lender’s calculation thereof and the assumptions upon which such calculation was based (which statement shall be deemed true and correct absent manifest error). In
determining such amount, such Lender may use any reasonable averaging and attribution methods. Failure or delay on the part of any Lender to demand compensation pursuant to this Section shall not constitute a waiver of such Lender’s right
to demand such compensation; provided that Borrower shall not be required to compensate a Lender pursuant to this Section for any reductions in return incurred more than 180 days prior to the date that such Lender notifies Borrower of such
Change in Law giving rise to such reductions and of such Lender’s intention to claim compensation therefor; provided further that if such claim arises by reason of the Change in Law that is retroactive, then the 180-day period
referred to above shall be extended to include the period of retroactive effect thereof. 
 (b) If any Lender requests additional or
increased costs referred to in Section 2.13(a) (such Lender, an “Affected Lender”), then such Affected Lender shall use reasonable efforts to promptly designate a different one of its lending offices or to assign its rights
and obligations hereunder to another of its offices or branches, if (i) in the reasonable judgment of such Affected Lender, such designation or assignment would eliminate or reduce amounts payable pursuant to Section 2.13(a) and
(ii) in the reasonable judgment of such Affected Lender, such designation or assignment would not subject it to any material unreimbursed cost or expense and would not otherwise be materially disadvantageous to it. Borrower agrees to pay
all reasonable out-of-pocket costs and expenses incurred by such Affected Lender in connection with any such designation or assignment. If, after such reasonable efforts, such Affected Lender does not so designate a different one of its lending
offices or assign its rights to another of its offices or branches so as to eliminate Borrower’s obligation to pay any future amounts to such Affected Lender pursuant to Section 2.13(a), then Borrower (without prejudice to any amounts
then due to such 

  
 -13- 

 
Affected Lender under Section 2.13(a)) may, unless prior to the effective date of any such assignment the Affected Lender withdraws its request for such additional amounts under Section
2.13(a), may substitute a Lender, in each case, reasonably acceptable to Administrative Agent to purchase the Obligations owed to such Affected Lender and such Affected Lender’s commitments hereunder (a “Replacement
Lender”), and if such Replacement Lender agrees to such purchase, such Affected Lender shall assign to the Replacement Lender its Obligations and commitments, and upon such purchase by the Replacement Lender, which such Replacement Lender
shall be deemed to be a “Lender” for purposes of this Agreement and such Affected Lender shall cease to be a “Lender” for purposes of this Agreement. 

(c) Notwithstanding anything herein to the contrary, the protection of Section 2.13 shall be available to each Lender regardless of any
possible contention of the invalidity or inapplicability of the law, rule, regulation, judicial ruling, judgment, guideline, treaty or other change or condition which shall have occurred or been imposed, so long as it shall be customary for issuing
banks or lenders affected thereby to comply therewith. Notwithstanding any other provision herein, no Lender shall demand compensation pursuant to this Section 2.13 if it shall not at the time be the general policy or practice of such
Lender to demand such compensation in similar circumstances under comparable provisions of other credit agreements, if any. 
  

	3.	CONDITIONS; TERM OF AGREEMENT. 

 3.1. Conditions Precedent to the Effectiveness of
this Agreement. The effectiveness is subject to the fulfillment, to the satisfaction of Administrative Agent and each Lender, of each of the conditions precedent set forth on Schedule 3.1. 

3.2. Conditions Precedent to all Extensions of Credit. The obligation of the Lender Group (or any member thereof) to make
the Term Loans hereunder at any time shall be subject to the following conditions precedent: 
 (a) the representations and warranties of
Borrower or its Subsidiaries contained in this Agreement or in the other Loan Documents shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that
already are qualified or modified by materiality in the text thereof) on and as of the date of such extension of credit, as though made on and as of such date (except to the extent that such representations and warranties relate solely to an earlier
date, in which case such representations and warranties shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified
by materiality in the text thereof) as of such earlier date); and 
 (b) no Default or Event of Default shall have occurred and be
continuing on the date of such extension of credit, nor shall either result from the making thereof. 
 3.3.
Maturity. This Agreement shall continue in full force and effect for a term ending on the Maturity Date. 
 3.4.
Effect of Maturity. On the Maturity Date, all of the Obligations immediately shall become due and payable without notice or demand and Borrower shall be required to repay all of the Obligations in full. No termination of the
obligations of the Lender Group (other than payment in full of the Obligations and termination of the Commitments) shall relieve or discharge any Loan Party of its 

  
 -14- 

 
duties, obligations, or covenants hereunder or under any other Loan Document and Collateral Agent’s Liens in the Collateral shall continue to secure the Obligations and shall remain in
effect until all Obligations have been paid in full and the Commitments have been terminated. When all of the Obligations have been paid in full and the Lender Group’s obligations to provide additional credit under the Loan Documents have been
terminated irrevocably, each Agent will, at Borrower’s sole expense, execute and deliver any termination statements, lien releases, discharges of security interests, and other similar discharge or release documents (and, if applicable, in
recordable form) as are reasonably necessary to release, as of record, Collateral Agent’s Liens and all notices of security interests and liens previously filed by Collateral Agent. 

3.5. Early Termination by Borrower. Subject to any prepayment or other fees payable by Borrower or any Loan Party in any
Loan Document, on or after January 1, 2018 (or earlier, if the Discharge of Revolving Credit Agreement Obligations has occurred), Borrower has the option, at any time upon no less than 10 Business Days prior written notice to Administrative Agent,
to terminate this Agreement by repaying to Administrative Agent all of the Obligations in full if the Availability Conditions have been satisfied. The foregoing notwithstanding, (a) Borrower may rescind termination notices relative to proposed
payments in full of the Obligations with the proceeds of third party Indebtedness if the closing for such issuance or incurrence does not happen on or before the date of the proposed termination (in which case, a new notice shall be required to be
sent in connection with any subsequent termination), and (b) Borrower may extend the date of termination at any time with the consent of Administrative Agent (which consent shall not be unreasonably withheld or delayed). 

3.6. Conditions Subsequent. The failure by Borrower to so perform or cause to be performed the conditions
subsequent set forth on Schedule 3.6 as and when required by the terms thereof shall constitute an Event of Default. 
  

	4.	REPRESENTATIONS AND WARRANTIES. 

 In order to induce the Lender Group to enter into this
Agreement, Borrower makes the following representations and warranties to the Lender Group which shall be true, correct, and complete, in all material respects (except that such materiality qualifier shall not be applicable to any representations
and warranties that already are qualified or modified by materiality in the text thereof), as of the Closing Date, and shall be true, correct, and complete, in all material respects (except that such materiality qualifier shall not be applicable to
any representations and warranties that already are qualified or modified by materiality in the text thereof), as of the date of the making of the Term Loans made thereafter, as though made on and as of the date of such Term Loans (except to the
extent that such representations and warranties relate solely to an earlier date, in which case such representations and warranties shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to
any representations and warranties that already are qualified or modified by materiality in the text thereof) as of such earlier date) and such representations and warranties shall survive the execution and delivery of this Agreement: 

4.1. Due Organization and Qualification; Subsidiaries. 

(a) Each Loan Party (i) is duly organized and existing and in good standing under the laws of the jurisdiction of its organization,
(ii) is qualified to do business in any state where the failure to be so qualified could reasonably be expected to result in a Material Adverse Effect, and (iii) has all requisite power and authority to own and operate its properties, to
carry on its business as now conducted 

  
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and as proposed to be conducted, to enter into the Loan Documents to which it is a party and to carry out the transactions contemplated thereby. 

(b) Set forth on Schedule 4.1(b) (as such Schedule may be updated from time to time to reflect changes resulting from transactions
permitted under this Agreement) is a complete and accurate description of the authorized Equity Interests of Borrower, by class, and, as of the Closing Date, a description of the number of shares of each such class that are issued and
outstanding. Except as may be required under Borrower’s equity incentive and compensation plans or agreements (which plans and agreements are subject to the restrictions set forth in Section 6.7), Borrower is not subject to any
obligation (contingent or otherwise) to repurchase or otherwise acquire or retire any shares of its Equity Interests or any security convertible into or exchangeable for any of its Equity Interests. 

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

4.2. Due Authorization; No Conflict. 

(a) As to each Loan Party, the execution, delivery, and performance by such Loan Party of the Loan Documents to which it is a party have been
duly authorized by all necessary action on the part of such Loan Party. 
 (b) As to each Loan Party, the execution, delivery, and
performance by such Loan Party of the Loan Documents to which it is a party do not and will not (i) violate any material provision of federal, state, or local law or regulation applicable to any Loan Party or its Subsidiaries, the Governing
Documents of any Loan Party or its Subsidiaries, or any order, judgment, or decree of any court or other Governmental Authority binding on any Loan Party or its Subsidiaries, (ii) conflict with, result in a breach of, or constitute (with due
notice or lapse of time or both) a default under any material agreement of any Loan Party or its Subsidiaries where any such conflict, breach or default could individually or in the aggregate reasonably be expected to have a Material Adverse Effect,
(iii) result in or require the creation or imposition of any Lien of any nature whatsoever upon any assets of any Loan Party, other than Permitted Liens, or (iv) require any approval of any holder of Equity Interests of a Loan Party or any
approval or consent of any Person under any material agreement of any Loan Party, other than consents or approvals that have been obtained and that are still in force and effect and except, in the case of material agreements, for consents or
approvals, the failure to obtain could not individually or in the aggregate reasonably be expected to cause a Material Adverse Effect. 

4.3. Governmental Consents. The execution, delivery, and performance by each Loan Party of the Loan Documents to which such
Loan Party is a party and the consummation of the transactions contemplated by the Loan Documents do not and will not require any registration with, 

  
 -16- 

 
consent, or approval of, or notice to, or other action with or by, any Governmental Authority, other than registrations, consents, approvals, notices, or other actions that have been obtained and
that are still in force and effect and except for filings and recordings with respect to the Collateral to be made, or otherwise delivered to an Agent for filing or recordation, as of the Closing Date. 

4.4. Binding Obligations; Perfected Liens. 

(a) Each Loan Document has been duly executed and delivered by each Loan Party that is a party thereto and is the legally valid and binding
obligation of such Loan Party, enforceable against such Loan Party in accordance with its respective terms, except as enforcement may be limited by equitable principles or by bankruptcy, insolvency, reorganization, moratorium, or similar laws
relating to or limiting creditors’ rights generally. 
 (b) Collateral Agent’s Liens are validly created, perfected (other than
(i) money, (ii) letter-of-credit rights (other than supporting obligations), (iii) commercial tort claims (other than those that, by the terms of the Guaranty and Security Agreement, are required to be perfected), and (iv) any
Deposit Accounts and Securities Accounts not subject to a Control Agreement as permitted by Section 7(k)(iv) of the Guaranty and Security Agreement), and first priority Liens, subject only to Permitted Liens which are non-consensual Permitted Liens,
permitted purchase money Liens, or the interests of lessors under Capital Leases. 
 4.5. Title to Assets; No
Encumbrances. Each of the Loan Parties and its Subsidiaries has (a) good, sufficient and legal title to (in the case of fee interests in Real Property), (b) valid leasehold interests in (in the case of leasehold interests in
real or personal property), and (c) good and marketable title to (in the case of all other personal property), all of their respective assets reflected in their most recent financial statements delivered pursuant to Section 5.1, in each
case except for assets disposed of since the date of such financial statements to the extent permitted hereby. All of such assets are free and clear of Liens except for Permitted Liens. 

4.6. Litigation. 

(a) There are no actions, suits, or proceedings pending or, to the knowledge of Borrower, after due inquiry, threatened in writing against a
Loan Party or any of its Subsidiaries that either individually or in the aggregate could reasonably be expected to result in a Material Adverse Effect. 

(b) Schedule 4.6(b) sets forth a complete and accurate description, with respect to each of the actions, suits, or proceedings with
asserted liabilities in excess of, or that could reasonably be expected to result in liabilities in excess of, $3,500,000 that, as of the Closing Date, is pending or, to the knowledge of Borrower, after due inquiry, threatened against a Loan Party
or any of its Subsidiaries, of (i) the parties to such actions, suits, or proceedings, (ii) the nature of the dispute that is the subject of such actions, suits, or proceedings, (iii) the procedural status, as of the Closing Date,
with respect to such actions, suits, or proceedings, and (iv) whether any liability of the Loan Parties’ and their Subsidiaries in connection with such actions, suits, or proceedings is covered by insurance. 

4.7. Compliance with Laws. No Loan Party nor any of its Subsidiaries (a) is in violation of any applicable laws,
rules, regulations, executive orders, or codes (including Environmental Laws) that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect, or (b) is subject to or in default with respect to any
final judgments, writs, injunctions, decrees, rules or 

  
 -17- 

 
regulations of any court or any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that, individually or in the
aggregate, could reasonably be expected to result in a Material Adverse Effect. 
 4.8. No Material Adverse Effect. All
historical financial statements relating to the Loan Parties and their Subsidiaries that have been delivered by Borrower to Administrative Agent have been prepared in accordance with GAAP (except, in the case of unaudited financial statements, for
the lack of footnotes and being subject to year-end audit adjustments) and present fairly in all material respects, the Loan Parties’ and their Subsidiaries’ consolidated financial condition as of the date thereof and results of operations
for the period then ended. Since December 31, 2015, no event, circumstance, or change has occurred that has or could reasonably be expected to result in a Material Adverse Effect with respect to the Loan Parties and their Subsidiaries. 

4.9. Solvency. 

(a) Each Loan Party is Solvent. 

(b) No transfer of property is being made by any Loan Party and no obligation is being incurred by any Loan Party in connection with the
transactions contemplated by this Agreement or the other Loan Documents with the intent to hinder, delay, or defraud either present or future creditors of such Loan Party. 

4.10. Employee Benefits. No Loan Party, none of its Subsidiaries, nor any of their respective ERISA Affiliates maintains or
contributes to any Benefit Plan.
 4.11. Environmental Condition. Except as set forth on Schedule 4.11,
(a) to Borrower’s knowledge, no Loan Party’s nor any of its Subsidiaries’ properties or assets has ever been used by a Loan Party, its Subsidiaries, or by previous owners or operators in the disposal of, or to produce, store,
handle, treat, release, or transport, any Hazardous Materials, where such disposal, production, storage, handling, treatment, release or transport was in violation, in any material respect, of any applicable Environmental Law, (b) to
Borrower’s knowledge, after due inquiry, no Loan Party’s nor any of its Subsidiaries’ properties or assets has ever been designated or identified in any manner pursuant to any environmental protection statute as a Hazardous Materials
disposal site, (c) no Loan Party nor any of its Subsidiaries has received notice that a Lien arising under any Environmental Law has attached to any revenues or to any Real Property owned or operated by a Loan Party or its Subsidiaries, and
(d) no Loan Party nor any of its Subsidiaries nor any of their respective facilities or operations is subject to any outstanding written order, consent decree, or settlement agreement with any Person relating to any Environmental Law or
Environmental Liability that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. 

4.12. Complete Disclosure. All factual information taken as a whole (other than forward-looking information and projections
and information of a general economic nature and general information about Borrower’s industry) furnished by or on behalf of a Loan Party or its Subsidiaries in writing to any Agent or any Lender (including all information contained in the
Schedules hereto or in the other Loan Documents) for purposes of or in connection with this Agreement or the other Loan Documents, and all other such factual information taken as a whole (other than forward-looking information and projections and
information of a general economic nature and general information about Borrower’s industry) hereafter furnished by or on behalf of a Loan Party or its Subsidiaries in writing to 

  
 -18- 

 
any Agent or any Lender will be, true and accurate, in all material respects, on the date as of which such information is dated or certified and not incomplete by omitting to state any fact
necessary to make such information (taken as a whole) not misleading in any material respect at such time in light of the circumstances under which such information was provided. The liquidity forecast delivered to Administrative Agent on March
7, 2016 represents, and as of the date on which any Projections are delivered to Administrative Agent, such Projections represent, Borrower’s good faith estimate, on the date of delivery thereof, of the Loan Parties’ and their
Subsidiaries’ future performance for the periods covered thereby based upon assumptions believed by Borrower to be reasonable at the time of the delivery thereof to Administrative Agent (it being understood that such Projections are subject to
significant uncertainties and contingencies, many of which are beyond the control of the Loan Parties and their Subsidiaries, and no assurances can be given that such Projections will be realized, and although reflecting Borrower’s good faith
estimate, projections or forecasts based on methods and assumptions which Borrower believed to be reasonable at the time such Projections were prepared, are not to be viewed as facts, and that actual results during the period or periods covered by
the Projections may differ materially from projected or estimated results). 
 4.13. Patriot Act. To the extent
applicable, each Loan Party is in compliance, in all material respects, with the (a) Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B,
Chapter V, as amended) and any other enabling legislation or executive order relating thereto, and (b) Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA Patriot Act of 2001) (the
“Patriot Act”). No part of the proceeds of the loans made hereunder will be used by any Loan Party or any of their Affiliates, directly or indirectly, for any payments to any governmental official or employee, political party,
official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any improper advantage, in violation of the United States Foreign Corrupt Practices
Act of 1977, as amended. 
 4.14. Indebtedness. Set forth on Schedule 4.14 is a true and complete list of all
Indebtedness of each Loan Party and each of its Subsidiaries outstanding immediately prior to the Closing Date that is to remain outstanding immediately after giving effect to the closing hereunder on the Closing Date and such Schedule accurately
sets forth the aggregate principal amount of such Indebtedness as of the Closing Date. 
 4.15. Payment of Taxes. Except
as otherwise permitted under Section 5.5, all tax returns and reports of each Loan Party and its Subsidiaries required to be filed by any of them have been timely filed, and all taxes shown on such tax returns to be due and payable and all
assessments, fees and other governmental charges upon a Loan Party and its Subsidiaries and upon their respective assets, income, businesses and franchises that are due and payable have been paid when due and payable. Each Loan Party and each
of its Subsidiaries have made adequate provision in accordance with GAAP for all taxes not yet due and payable. Borrower knows of no proposed tax assessment against a Loan Party or any of its Subsidiaries that is not being actively contested by
such Loan Party or such Subsidiary diligently, in good faith, and by appropriate proceedings; provided such reserves or other appropriate provisions, if any, as shall be required in conformity with GAAP shall have been made or provided
therefor. 
 4.16. Margin Stock. No Loan Party nor any of its Subsidiaries is engaged principally, or as one of its
important activities, in the business of extending credit for the purpose of purchasing or carrying any Margin Stock. No part of the proceeds of the loans made to Borrower will be used to 

  
 -19- 

 
purchase or carry any Margin Stock or to extend credit to others for the purpose of purchasing or carrying any Margin Stock or for any purpose that violates the provisions of Regulation T, U or X
of the Board of Governors. 
 4.17. Governmental Regulation. No Loan Party nor any of its Subsidiaries is subject to
regulation under the Federal Power Act or the Investment Company Act of 1940 or under any other federal or state statute or regulation which may limit its ability to incur Indebtedness or which may otherwise render all or any portion of the
Obligations unenforceable. No Loan Party nor any of its Subsidiaries is a “registered investment company” or a company “controlled” by a “registered investment company” or a “principal underwriter” of a
“registered investment company” as such terms are defined in the Investment Company Act of 1940. 
 4.18.
OFAC. No Loan Party nor any of its Subsidiaries is in violation of any of the country or list based economic and trade sanctions administered and enforced by OFAC. No Loan Party nor any of its Subsidiaries (a) is a
Sanctioned Person or a Sanctioned Entity, (b) has its assets located in Sanctioned Entities, or (c) derives revenues from investments in, or transactions with Sanctioned Persons or Sanctioned Entities. No proceeds of any loan made
hereunder will be used to fund any operations in, finance any investments or activities in, or make any payments to, a Sanctioned Person or a Sanctioned Entity. 

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

4.20. Material Contracts. Set forth on Schedule 4.20 is a list of the Material Contracts as of the Closing Date.

 4.21. Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material
to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries
exists under any of them. 
 4.22. [Intentionally Omitted].

  
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 4.23. [Intentionally Omitted]. 

4.24. Location of Equipment. The Equipment of Borrower and its Subsidiaries is not stored with a bailee, warehouseman, or
similar party and is located only at, or in-transit between, the locations identified on Schedule 4.24 (as such Schedule may be updated pursuant to Section 5.14). 

4.25. [Intentionally Omitted].

4.26. Immaterial Subsidiaries. No Immaterial Subsidiary (a) owns any assets (other than assets of a de minimis
nature), (b) has any liabilities (other than liabilities of a de minimis nature), or (c) engages in any business activity. 

4.27. Other Documents. Borrower has delivered to Administrative Agent complete and correct copies of the Bond Documents,
the 2016 Bond Documents and the Revolving Credit Agreement Documents, in each case including all schedules and exhibits thereto. The execution, delivery and performance of each of the Bond Documents, the 2016 Bond Documents and the Revolving
Credit Agreement Documents has been duly authorized by all necessary action on the part of each Loan Party who is a party thereto. 
  

	5.	AFFIRMATIVE COVENANTS. 

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

5.2. [Intentionally Omitted].

5.3. Existence. Except as otherwise permitted under Section 6.3 or Section 6.4, Borrower will, and will cause
each of its Subsidiaries to, at all times preserve and keep in full force and effect such Person’s valid existence and good standing in its jurisdiction of organization and, except as could not reasonably be expected to result in a Material
Adverse Effect, good standing with respect to all other jurisdictions in which it is qualified to do business and any rights, franchises, permits, licenses, accreditations, authorizations, or other approvals material to their businesses. 

5.4. Maintenance of Properties. Borrower will, and will cause each of its Subsidiaries to, maintain and preserve all of its
assets that are necessary or useful in the proper conduct of its business in good working order and condition, ordinary wear, tear, casualty, and condemnation and Permitted Dispositions excepted. 

  
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 5.5. Taxes. Borrower will, and will cause each of its Subsidiaries to, pay in
full before delinquency or before the expiration of any extension period all material governmental assessments and taxes imposed, levied, or assessed against it, or any of its assets or in respect of any of its income, businesses, or franchises,
except to the extent that the validity of such governmental assessment or tax is the subject of a Permitted Protest. 
 5.6.
Insurance. Borrower will, and will cause each of its Subsidiaries to, at Borrower’s expense, (a) maintain insurance respecting each of Borrower’s and its Subsidiaries’ assets wherever located, covering
liabilities, losses or damages as are customarily are insured against by other Persons engaged in same or similar businesses and similarly situated and located and (b) with respect to all Real Property Collateral located in any area that has
been designated by the Federal Emergency Management Agency as a “Special Flood Hazard Area”, maintain flood insurance with respect to such Real Property Collateral (including any personal property which is located thereon) in an amount
satisfactory to the Required Lenders. All such policies of insurance shall be with financially sound and reputable insurance companies acceptable to the Required Lenders (it being agreed that, as of the Closing Date, each of Hartford Fire
Insurance Company and ACE American Insurance Company is acceptable to the Required Lenders) and in such amounts as is carried generally in accordance with sound business practice by companies in similar businesses similarly situated and located and,
in any event, in amount, adequacy, and scope reasonably satisfactory to the Required Lenders (it being agreed that the amount, adequacy, and scope of the policies of insurance of Borrower in effect as of the Closing Date are acceptable to the
Required Lenders). All property insurance policies covering the Collateral are to be made payable to Collateral Agent for the benefit of the Lender Group, as their interests may appear, in case of loss, pursuant to a standard loss payable
endorsement with a standard non-contributory “lender” or “secured party” clause and are to contain such other provisions as Collateral Agent may reasonably require to fully protect the Lenders’ interest in the Collateral and
to any payments to be made under such policies. All certificates of property and general liability insurance are to be delivered to Collateral Agent, with the loss payable (but only in respect of Collateral) and additional insured endorsements
in favor of Collateral Agent and shall provide for not less than 30 days (10 days in the case of non-payment) prior written notice to Collateral Agent of the exercise of any right of cancellation. If Borrower or its Subsidiaries fail to
maintain such insurance, the Required Lenders may arrange for such insurance, but at Borrower’s expense and without any responsibility on the Required Lenders’ part for obtaining the insurance, the solvency of the insurance companies, the
adequacy of the coverage, or the collection of claims. Borrower shall give Agents prompt notice of any loss exceeding $250,000 covered by its or its Subsidiaries’ casualty or business interruption insurance. Upon the occurrence and
the continuance of an Event of Default, Collateral Agent shall have the sole right to file claims under any property and general liability insurance policies in respect of the Collateral, to receive, receipt and give acquittance for any payments
that may be payable thereunder, and to execute any and all endorsements, receipts, releases, assignments, reassignments or other documents that may be necessary to effect the collection, compromise or settlement of any claims under any such
insurance policies. 

  
 -22- 

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

5.8. Compliance with Laws. Borrower will, and will cause each of its Subsidiaries to, comply with the requirements of all
applicable laws, rules, regulations, and orders of any Governmental Authority, other than laws, rules, regulations, and orders the non-compliance with which, individually or in the aggregate, could not reasonably be expected to result in a Material
Adverse Effect. 
 5.9. Environmental. Borrower will, and will cause each of its Subsidiaries to, 

(a) Keep any property either owned or operated by Borrower or its Subsidiaries free of any Environmental Liens or post bonds or other
financial assurances sufficient to satisfy the obligations or liability evidenced by such Environmental Liens, 
 (b) Comply, in all
material respects, with Environmental Laws and provide to Administrative Agent documentation of such compliance which Administrative Agent reasonably requests, 

(c) Promptly notify Administrative Agent of any release of which Borrower has knowledge of a Hazardous Material in any reportable quantity
from or onto property owned or operated by Borrower or its Subsidiaries and take any Remedial Actions required to abate said release or otherwise to come into compliance, in all material respects, with applicable Environmental Law, and 

(d) Promptly, but in any event within 5 Business Days of its receipt thereof, provide Administrative Agent with written notice of any of the
following: (i) notice that an Environmental Lien has been filed against any of the real or personal property of Borrower or its Subsidiaries, (ii) commencement of any Environmental Action or written notice that an Environmental Action
will be filed against Borrower or its Subsidiaries, and (iii) written notice of a violation, citation, or other administrative order from a Governmental Authority. 

5.10. Disclosure Updates. Borrower will, promptly and in no event later than 5 Business Days after obtaining knowledge
thereof, notify Administrative Agent if any written information, exhibit, or report furnished to Administrative Agent or the Lenders contained, at the time it was furnished, any untrue statement of a material fact or omitted to state any material
fact necessary to make the statements contained therein not misleading in light of the circumstances in which made. The foregoing to the contrary notwithstanding, any notification pursuant to the foregoing provision will not cure or remedy the
effect of the prior untrue statement of a material fact or omission of any material fact nor shall any such notification have the effect of amending or modifying this Agreement or any of the Schedules hereto. 

5.11. Formation of Subsidiaries. Borrower will, at the time that any Loan Party forms any direct or indirect Subsidiary
(other than an Immaterial Subsidiary) or acquires any direct or indirect Subsidiary (other than an Immaterial Subsidiary) after the Closing Date, within 10 Business Days of such 

  
 -23- 

 
formation or acquisition (or such later date as permitted by Administrative Agent in its sole discretion) (a) cause such new Subsidiary to provide to Administrative Agent a joinder to the
Guaranty and Security Agreement, together with such other security agreements (including mortgages with respect to any Real Property owned in fee of such new Subsidiary), as well as appropriate financing statements (and with respect to all property
subject to a mortgage, fixture filings), all in form and substance reasonably satisfactory to Administrative Agent (including being sufficient to grant Collateral Agent a first priority Lien (subject to Permitted Liens) in and to the assets of such
newly formed or acquired Subsidiary); provided, that the joinder to the Guaranty and Security Agreement, and such other security agreements shall not be required to be provided to Administrative Agent with respect to any Subsidiary of
Borrower that is a CFC if providing such agreements would result in adverse tax consequences or the costs to the Loan Parties of providing such guaranty or such security agreements are unreasonably excessive (as determined by Administrative Agent in
consultation with Borrower) in relation to the benefits to the Lender Group of the security or guarantee afforded thereby, (b) provide, or cause the applicable Loan Party to provide, to Collateral Agent a pledge agreement (or an addendum to the
Guaranty and Security Agreement) and appropriate certificates and powers or financing statements, pledging all of the direct or beneficial ownership interest in such new Subsidiary in form and substance reasonably satisfactory to Administrative
Agent; provided, that only 65% of the total outstanding voting Equity Interests of any first tier Subsidiary of Borrower that is a CFC (and none of the Equity Interests of any Subsidiary of such CFC) shall be required to be pledged if
pledging a greater amount would result in adverse tax consequences or the costs to the Loan Parties of providing such pledge are unreasonably excessive (as determined by Administrative Agent in consultation with Borrower) in relation to the benefits
to the Lender Group of the security afforded thereby (which pledge, if reasonably requested by Administrative Agent, shall be governed by the laws of the jurisdiction of such Subsidiary), and (c) provide to Agents all other documentation,
including one or more opinions of counsel reasonably satisfactory to Administrative Agent, which, in its opinion, is appropriate with respect to the execution and delivery of the applicable documentation referred to above (including policies of
title insurance, flood certification documentation, or other documentation with respect to all Real Property owned in fee and subject to a mortgage). Any document, agreement, or instrument executed or issued pursuant to this Section 5.11
shall constitute a Loan Document. 
 5.12. Further Assurances. Borrower will, and will cause each of the other Loan
Parties to, at any time upon the reasonable request of any Agent, execute or deliver to such Agent any and all financing statements, fixture filings, security agreements, pledges, assignments, mortgages, deeds of trust, opinions of counsel, and all
other documents (the “Additional Documents”) that such Agent may reasonably request in form and substance reasonably satisfactory to Collateral Agent, to create, perfect, and continue perfected or to better perfect Collateral
Agent’s Liens in all of the assets of Borrower and its Subsidiaries (whether now owned or hereafter arising or acquired, tangible or intangible, real or personal), to create and perfect Liens in favor of Collateral Agent in any Real Property
acquired by Borrower or any other Loan Party with a fair market value in excess of $2,500,000, and in order to fully consummate all of the transactions contemplated hereby and under the other Loan Documents; provided that the foregoing shall
not apply to any Subsidiary of Borrower that is a CFC if providing such documents would result in adverse tax consequences or the costs to the Loan Parties of providing such documents are unreasonably excessive (as determined by Administrative Agent
in consultation with Borrower) in relation to the benefits to the Lender Group of the security afforded thereby. To the maximum extent permitted by applicable law, if Borrower or any other Loan Party refuses or fails to execute or deliver any
reasonably requested Additional Documents within a reasonable period of time following the request to do so, Borrower and each other Loan Party hereby authorizes each Agent to execute any such Additional Documents in the applicable Loan Party’s
name and authorizes each Agent to 

  
 -24- 

 
file such executed Additional Documents in any appropriate filing office. In furtherance of, and not in limitation of, the foregoing, each Loan Party shall take such actions as any Agent may
reasonably request from time to time to ensure that the Obligations are guarantied by the Guarantors and are secured by substantially all of the assets of Borrower and its Subsidiaries, including all of the outstanding capital Equity Interests of
Borrower’s Subsidiaries (subject to exceptions and limitations contained in the Loan Documents with respect to CFCs). 
 5.13.
Lender Meetings. Borrower will, no less frequently than monthly, upon reasonable prior notice and subject to Section 17.9, hold a meeting (at a mutually agreeable location and time or, at the option of Administrative
Agent, by conference call) with all Lenders who choose to attend such meeting at which meeting shall be reviewed the financial results of the previous month and the portion of the fiscal year then ended and the financial condition of Borrower and
its Subsidiaries and the projections presented for the then-current fiscal month and such upcoming fiscal periods of Borrower as Administrative Agent may request. 

5.14. Location of Equipment. Borrower will, and will cause each of its Subsidiaries to, keep its Equipment only at the
locations identified on Schedule 4.24 and their chief executive offices only at the locations identified on Schedule 5.14; provided, that (a) Borrower may amend Schedule 4.24 or Schedule 5.14 so long as
such amendment occurs by written notice to Administrative Agent not less than 10 days prior to the date on which such Equipment is moved to such new location or such chief executive office is relocated and so long as such new location is within the
continental United States, and (b) Certificated Equipment may be moved within the United States. 
 5.15. [Intentionally
Omitted]. 
 5.16. Material Contracts. Borrower shall, and shall cause each of its Subsidiaries to maintain in
full force and effect the Material Contracts and Borrower shall provide notice to Administrative Agent promptly, but in any event within 5 Business Days after the occurrence thereof, of any material amendments, supplements or other modifications to
any Material Contract. 
 5.17. Excess Proceeds Under Indenture. Subject in all respects to Section 2.4(f)(ii), no
less than thirty (30) days prior to the date that Borrower and its Subsidiaries shall have Excess Proceeds and/or Net Bond Proceeds that are expected to become Excess Proceeds in the aggregate in excess of $25,000,000, Borrower shall (A) either (i)
repay Revolving Credit Agreement Obligations, as required by the Revolving Credit Agreement, (ii) repay Term Loans in accordance with Section 2.4(c) or (iii) apply such funds in accordance with clauses (2), (3) or (4) of Section 4.10(b)
of the Bond Indenture and 2016 Bond Indenture (provided, that such application is not otherwise prohibited by this Agreement), in either case such that the result is that no such Excess Proceeds shall be used, and shall not be required to be used,
to repurchase any of the Bonds or 2016 Bonds, and (B) deliver to Administrative Agent a certification by an Authorized Person that no such Excess Proceeds have or will be, and are not required to be, used to repurchase any of the Bonds or 2016
Bonds. Upon the request of Administrative Agent, Borrower shall deliver a report to Administrative Agent (i) describing each Asset Sale consummated since April 10, 2012 and the date of consummation thereof, (ii) setting forth the date
of receipt and amount of Net Bond Proceeds in connection with each such Asset Sale, and (iii) setting forth the date and the application of the Net Bond Proceeds from each such Asset Sale in accordance with clauses (2), (3) or (4) of Section
4.10(b) of the Bond Indenture and Section 4.10(b) of the 2016 Bond Indenture. Not less than one hundred (120) days prior to the date that any Net Bond Proceeds of Asset Sales would become Excess Proceeds, Borrower shall provide written
notification thereof to Administrative Agent, together with a 

  
 -25- 

 
certification by an Authorized Person certifying the amount of such Net Bond Proceeds that shall become Excess Proceeds. 
  

	6.	NEGATIVE COVENANTS.  

 Borrower covenants and agrees that, until termination of
all of the Commitments and payment in full of the Obligations: 
 6.1. Indebtedness. Borrower will not, and will not
permit any of its Subsidiaries to create, incur, assume, suffer to exist, guarantee, or otherwise become or remain, directly or indirectly, liable with respect to any Indebtedness, except for Permitted Indebtedness.

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

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

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

(b) liquidate, wind up, or dissolve itself (or suffer any liquidation or dissolution), except for (i) the liquidation or dissolution of
non-operating Subsidiaries of Borrower with nominal assets and nominal liabilities, (ii) the liquidation or dissolution of a Loan Party (other than Borrower) or any of its wholly-owned Subsidiaries so long as all of the assets (including any
interest in any Equity Interests) of such liquidating or dissolving Loan Party or Subsidiary are transferred to a Loan Party that is not liquidating or dissolving, or (iii) the liquidation or dissolution of a Subsidiary of Borrower that is not
a Loan Party (other than any such Subsidiary the Equity Interests of which (or any portion thereof) is subject to a Lien in favor of Collateral Agent) so long as all of the assets of such liquidating or dissolving Subsidiary are transferred to a
Subsidiary of Borrower that is not liquidating or dissolving, or 
 (c) suspend or cease operating a substantial portion of its or their
business, except as permitted pursuant to clauses (a) or (b) above or in connection with a transaction permitted under Section 6.4. 

6.4. Disposal of Assets. Other than Permitted Dispositions or transactions expressly permitted by Sections 6.3
or 6.9, Borrower will not, and will not permit any of its Subsidiaries to convey, sell, lease, license, assign, transfer, or otherwise dispose of (or enter into an agreement to convey, sell, lease, license, assign, transfer, or otherwise
dispose of) any of its or their assets. 
 6.5. Nature of Business. Borrower will not, and will not permit any of its
Subsidiaries to make any change in the nature of its or their business as described in Schedule 6.5 or acquire any 

  
 -26- 

 
properties or assets that are not reasonably related to the conduct of such business activities; provided, that the foregoing shall not prevent Borrower and its Subsidiaries from engaging
in any business that is reasonably related or ancillary to its or their business. 
 6.6. Prepayments and
Amendments. Borrower will not, and will not permit any of its Subsidiaries to, 
 (a) Except in connection with Refinancing
Indebtedness permitted by Section 6.1, 
 (i) optionally prepay, redeem, defease, purchase or otherwise acquire any Indebtedness of
Borrower or its Subsidiaries, other than (A) the Obligations in accordance with this Agreement, (B) Revolving Credit Agreement Obligations and (C) Permitted Intercompany Advances, 

(ii) optionally prepay, redeem, defease, purchase, or otherwise acquire any Bond Debt or 2016 Bond Debt, or 

(iii) make any payment on account of Indebtedness that has been contractually subordinated in right of payment to the Obligations if such
payment is not permitted at such time under the subordination terms and conditions, or 
 (b) Directly or indirectly, amend, modify, or
change any of the terms or provisions of 
 (i) any agreement, instrument, document, indenture, or other writing evidencing or concerning
Permitted Indebtedness other than (A) the Obligations in accordance with this Agreement, (B) Permitted Intercompany Advances, (C) Indebtedness permitted under clauses (c), (h), (j) and (k) of the definition of Permitted Indebtedness
and (D) the Revolving Credit Agreement unless in the case of this clause (D) such amendment, modification or change is in contravention of the Intercreditor Agreements, or 

(ii) the Governing Documents of any Loan Party or any of its Subsidiaries if the effect thereof, either individually or in the aggregate,
could reasonably be expected to be materially adverse to the interests of the Lenders. 
 6.7. Restricted
Payments. Borrower will not, and will not permit any of its Subsidiaries to make any Restricted Payment; provided, that, so long as it is permitted by law, and so long as no Default or Event of Default shall have occurred and be
continuing or would result therefrom, Borrower may make distributions to former employees, officers, or directors of Borrower (or any spouses, ex-spouses, or estates of any of the foregoing), solely in the form of forgiveness of Indebtedness of such
Persons owing to Borrower on account of repurchases of the Equity Interests of Borrower held by such Persons; provided that such Indebtedness was incurred by such Persons solely to acquire Equity Interests of Borrower. 

6.8. Accounting Methods. Borrower will not, and will not permit any of its Subsidiaries to modify or change its fiscal year
or its method of accounting (other than as may be required to conform to GAAP). 

  
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 6.9. Investments. Borrower will not, and will not permit any of its
Subsidiaries to, directly or indirectly, make or acquire any Investment or incur any liabilities (including contingent obligations) for or in connection with any Investment except for Permitted Investments. 

6.10. Transactions with Affiliates. Borrower will not, and will not permit any of its Subsidiaries to, directly or
indirectly, enter into or permit to exist any transaction with any Affiliate of Borrower or any of its Subsidiaries except for: 
 (a)
transactions (other than the payment of management, consulting, monitoring, or advisory fees) between Borrower or its Subsidiaries, on the one hand, and any Affiliate of Borrower or its Subsidiaries, on the other hand, so long as such transactions
(i) are fully disclosed to Administrative Agent prior to the consummation thereof, (ii) do not involve one or more payments by Borrower or its Subsidiaries in excess of $2,500,000 for any single transaction or series of related transactions,
and (iii) are no less favorable, taken as a whole, to Borrower or its Subsidiaries, as applicable, than would be obtained in an arm’s length transaction with a non-Affiliate, 

(b) so long as it has been approved by Borrower’s or its applicable Subsidiary’s board of directors (or comparable governing body)
in accordance with applicable law, any indemnity provided for the benefit of directors (or comparable managers) of Borrower or its applicable Subsidiary, 

(c) so long as it has been approved by Borrower’s or its applicable Subsidiary’s board of directors (or comparable governing body)
in accordance with applicable law, the payment of reasonable compensation, severance, or employee benefit arrangements to employees, officers, and outside directors of Borrower and its Subsidiaries in the ordinary course of business and consistent
with industry practice, and 
 (d) transactions permitted by clause (p) of the definition of “Permitted Investment”, and
transactions permitted by Section 6.3 or Section 6.7, or any Permitted Intercompany Advance. 
 Notwithstanding anything contained in the
Loan Documents to the contrary, no Loan Party shall make an Investment in, sell, lease, license, assign, contribute or otherwise transfer any assets to, make any distributions or payments to, or otherwise engage in, or enter into, any transaction
with, any Immaterial Subsidiary, which involves in excess of $100,000 in any fiscal year for all such Investments, transfers, distributions, payments and transactions with all Immaterial Subsidiaries. 

6.11. Use of Proceeds. Borrower will not, and will not permit any of its Subsidiaries to use the proceeds of any loan made
hereunder for any purpose other than (a) on the Closing Date, to pay the fees, costs, and expenses incurred in connection with this Agreement, the other Loan Documents, and the transactions contemplated hereby and thereby, and
(b) thereafter, consistent with the terms and conditions hereof, for their lawful and permitted purposes (including the repurchase, redemption, prepayment or other acquisition of any Bond Debt; provided, however, that no part of
the proceeds of the loans made to Borrower will be used to purchase or carry any such Margin Stock or to extend credit to others for the purpose of purchasing or carrying any such Margin Stock or for any purpose that violates the provisions of
Regulation T, U or X of the Board of Governors). 
 6.12. Limitation on Issuance of Equity Interests. Except for the
issuance or sale of Qualified Equity Interests by Borrower, Borrower will not, and will not permit any of its Subsidiaries to 

  
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issue or sell or enter into any agreement or arrangement for the issuance or sale of any of its Equity Interests. 

6.13. Immaterial Subsidiaries. Borrower will not permit any Immaterial Subsidiary to (a) own any assets (other than
assets of a de minimis nature), (b) have any liabilities (other than liabilities of a de minimis nature), or (c) engage in any business activity. 

6.14. Capital Expenditures. Borrower will not, and will not permit any of its Subsidiaries to make or become legally
obligated to make any Capital Expenditure, except for Capital Expenditures in the ordinary course of business (x) for the fiscal years ending December 31, 2016 and December 31, 2017, in an aggregate amount for Borrower and its subsidiaries not
exceeding $7,500,000 during such fiscal year, and (y) for each fiscal year ending thereafter, in an aggregate amount for Borrower and its subsidiaries not exceeding $10,000,000 during such fiscal year. 

6.15. Compensation. Borrower will not, and will not permit any of its Subsidiaries to pay or otherwise compensate Mark D.
Johnsrud (including in the form of a salary, or a bonus award or other incentive compensation, and regardless of whether such compensation is paid in cash or in kind) in his capacity as chief executive officer of the Borrower or otherwise, except
that, beginning with the fiscal year ending December 31, 2017, Borrower and its Subsidiaries may, in the aggregate, award Mark D. Johnsrud an annual salary not exceeding $700,000. 

6.16. MIP Term Sheet. Borrower will not, and will not permit any of its Subsidiaries or representatives to modify any terms
of the MIP Program in a manner materially more favorable to the participants therein or materially more costly to Borrower than those set forth in the MIP Term Sheet; provided that the common shares of Borrower available for issuance under
the MIP Program shall not in any event exceed 10% of the common shares of Borrower outstanding on a fully-diluted basis. 
  

	7.	FINANCIAL COVENANTS. 

 Borrower covenants and agrees that, until termination of all of
the Commitments and payment in full of the Obligations, Borrowers will: 
 (a) Minimum EBITDA. Achieve EBITDA, measured on a
month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: 
  

					
	 Applicable Amount
	 	  	 Applicable Period

	$	2,117,000	  	  	For the 4 month period ending April 30, 2016
	$	3,316,000	  	  	For the 5 month period ending May 31, 2016
	$	4,858,000	  	  	For the 6 month period ending June 30, 2016

  
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	 Applicable Amount
	 	  	 Applicable Period

	$	6,933,000	  	  	For the 7 month period ending July 31, 2016
	$	9,036,000	  	  	For the 8 month period ending August 31, 2016
	$	11,171,000	  	  	For the 9 month period ending September 30, 2016
	$	13,354,000	  	  	For the 10 month period ending October 31, 2016
	$	15,565,000	  	  	For the 11 month period ending November 30, 2016
	$	17,850,000	  	  	For the 12 month period ending December 31, 2016, and for each 12 month period ending each month thereafter

  

	8.	EVENTS OF DEFAULT. 

 Any one or more of the following events shall constitute an event of
default (each, an “Event of Default”) under this Agreement: 
 8.1. Payments. If Borrower fails to pay
when due and payable, or when declared due and payable, (a) all or any portion of the Obligations consisting of interest, fees, or charges due the Lender Group, reimbursement of Lender Group Expenses, or other amounts (other than any portion
thereof constituting principal) constituting Obligations (including any portion thereof that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency
Proceeding), and such failure continues for a period of 3 Business Days, or (b) all or any portion of the principal of the Loans; 

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

(a) fails to perform or observe any covenant or other agreement contained in any of (i) Sections 3.6, 5.1, 5.2,
5.3 (solely if Borrower is not in good standing in its jurisdiction of organization), 5.6, 5.7 (solely if Borrower refuses to allow Administrative Agent or its representatives or agents to visit Borrower’s properties,
inspect its assets or books or records, examine and make copies of its books and records, or discuss Borrower’s affairs, finances, and accounts with officers and employees of Borrower), 5.10, 5.11, 5.13, 5.14 or
5.17 of this Agreement, (ii) Section 6 of this Agreement, (iii) Section 7 of this Agreement, or (iv) Section 7 of the Guaranty and Security Agreement; 

  
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 (b) fails to perform or observe any covenant or other agreement contained in any of Sections
5.3 (other than if Borrower is not in good standing in its jurisdiction of organization), 5.4, 5.5, 5.8, and 5.12 of this Agreement and such failure continues for a period of 10 days after the earlier of (i) the date
on which such failure shall first become known to any officer of Borrower or (ii) the date on which written notice thereof is given to Borrower by Administrative Agent; or 

(c) fails to perform or observe any covenant or other agreement contained in this Agreement, or in any of the other Loan Documents, in each
case, other than any such covenant or agreement that is the subject of another provision of this Section 8 (in which event such other provision of this Section 8 shall govern), and such failure continues for a period of 30 days after
the earlier of (i) the date on which such failure shall first become known to any officer of Borrower or (ii) the date on which written notice thereof is given to Borrower by Administrative Agent; 

8.3. Judgments. If one or more judgments, orders, or awards for the payment of money involving an aggregate amount of
$10,000,000, or more (except to the extent covered (other than to the extent of customary deductibles) by insurance pursuant to which the insurer has not denied coverage) is entered or filed against a Loan Party or any of its Subsidiaries, or with
respect to any of their respective assets, and either (a) there is a period of 30 consecutive days at any time after the entry of any such judgment, order, or award during which (1) the same is not discharged, satisfied, vacated, or bonded
pending appeal, or (2) a stay of enforcement thereof is not in effect, or (b) enforcement proceedings are commenced upon such judgment, order, or award; 

8.4. Voluntary Bankruptcy, etc. If an Insolvency Proceeding is commenced by a Loan Party or any of its
Subsidiaries; 
 8.5. Involuntary Bankruptcy, etc. If an Insolvency Proceeding is commenced against a Loan Party
or any of its Subsidiaries and any of the following events occur: (a) such Loan Party or such Subsidiary consents to the institution of such Insolvency Proceeding against it, (b) the petition commencing the Insolvency Proceeding is
not timely controverted, (c) the petition commencing the Insolvency Proceeding is not dismissed within 60 calendar days of the date of the filing thereof, (d) an interim trustee is appointed to take possession of all or any substantial
portion of the properties or assets of, or to operate all or any substantial portion of the business of, such Loan Party or its Subsidiary, or (e) an order for relief shall have been issued or entered therein; 

8.6. Default Under Other Agreements. If there is (a) a default under the Bond Documents; (b) a default under the 2016
Bond Documents; (c) a default under the Revolving Credit Agreement Documents; (d) a default in one or more agreements to which a Loan Party or any of its Subsidiaries is a party with one or more third Persons relative to a Loan Party’s or
any of its Subsidiaries’ Indebtedness involving an aggregate amount of $7,500,000 or more, and such default (i) occurs at the final maturity of the obligations thereunder, or (ii) results in a right by such third Person, irrespective
of whether exercised, to accelerate the maturity of such Loan Party’s or its Subsidiary’s obligations thereunder; or (e) a default in or an involuntary early termination of one or more Hedge Agreements to which a Loan Party or any of
its Subsidiaries is a party involving an aggregate amount of $7,500,000 or more; 
 8.7. Representations, etc.
If any warranty, representation, certificate, statement, or Record made herein or in any other Loan Document or delivered in writing to Administrative Agent or any Lender in connection with this Agreement or any other Loan Document proves to be
untrue in any 

  
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material respect (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof)
as of the date of issuance or making or deemed making thereof; 
 8.8. Guaranty. If the obligation of any Guarantor under
the guaranty contained in the Guaranty and Security Agreement is limited or terminated by operation of law or by such Guarantor (other than in accordance with the terms of this Agreement); 

8.9. Security Documents. If Guaranty and Security Agreement or any other Loan Document that purports to create a Lien,
shall, for any reason, fail or cease to create a valid and perfected and, except to the extent of Permitted Liens which are non-consensual Permitted Liens, permitted purchase money Liens or the interests of lessors under Capital Leases, first
priority Lien on the Collateral covered thereby, except (a) as a result of a disposition of the applicable Collateral in a transaction permitted under this Agreement or (b) as the result of an action or failure to act on the part of any
Agent; 
 8.10. Loan Documents. The validity or enforceability of any Loan Document shall at any time for any reason
(other than solely as the result of an action or failure to act on the part of any Agent) be declared to be null and void, or a proceeding shall be commenced by a Loan Party or its Subsidiaries, or by any Governmental Authority having jurisdiction
over a Loan Party or its Subsidiaries, seeking to establish the invalidity or unenforceability thereof, or a Loan Party or its Subsidiaries shall deny that such Loan Party or its Subsidiaries has any liability or obligation purported to be created
under any Loan Document; or 
 8.11. Change of Control. A Change of Control shall occur. 

 

	9.	RIGHTS AND REMEDIES. 

 9.1. Rights and Remedies. Upon the occurrence
and the continuation of an Event of Default, Agents may, and, at the instruction of the Required Lenders, shall (in each case under clauses (a) or (b) by written notice to Borrower), in addition to any other rights or remedies provided for hereunder
or under any other Loan Document or by applicable law, do any one or more of the following: 
 (a) declare the principal of, and any and all
accrued and unpaid interest and fees in respect of, the Loans and all other Obligations, whether evidenced by this Agreement or by any of the other Loan Documents to be immediately due and payable, whereupon the same shall become and be immediately
due and payable and Borrower shall be obligated to repay all of such Obligations in full, without presentment, demand, protest, or further notice or other requirements of any kind, all of which are hereby expressly waived by Borrower; 

(b) declare the Commitments terminated, whereupon the Commitments shall immediately be terminated together with any obligation of any Term
Lender to make Term Loans; and 
 (c) exercise all other rights and remedies available to Agents or the Lenders under the Loan Documents,
under applicable law, or in equity. 
 The foregoing to the contrary notwithstanding, upon the occurrence of any Event of Default described in Section
8.4 or Section 8.5, in addition to the remedies set forth above, without any notice to Borrower or any other Person or any act by the Lender Group, the Commitments shall automatically terminate and the

  
 -32- 

 
Obligations, inclusive of the principal of, and any and all accrued and unpaid interest and fees in respect of, the Loans and all other Obligations, whether evidenced by this Agreement or by any
of the other Loan Documents, shall automatically become and be immediately due and payable and Borrower shall automatically be obligated to repay all of such Obligations in full (including Borrower being obligated to provide, without presentment,
demand, protest, or notice or other requirements of any kind, all of which are expressly waived by Borrower). 
 9.2. Remedies
Cumulative. The rights and remedies of the Lender Group under this Agreement, the other Loan Documents, and all other agreements shall be cumulative. The Lender Group shall have all other rights and remedies not inconsistent
herewith as provided under the Code, by law, or in equity. No exercise by the Lender Group of one right or remedy shall be deemed an election, and no waiver by the Lender Group of any Event of Default shall be deemed a continuing
waiver. No delay by the Lender Group shall constitute a waiver, election, or acquiescence by it. 
  

	10.	WAIVERS; INDEMNIFICATION. 

 10.1. Demand; Protest; etc.
Borrower waives demand, protest, notice of protest, notice of default or dishonor, notice of payment and nonpayment, nonpayment at maturity, release, compromise, settlement, extension, or renewal of documents, instruments, chattel paper, and
guarantees at any time held by the Lender Group on which Borrower may in any way be liable. 
 10.2. The Lender Group’s Liability
for Collateral. Borrower hereby agrees that: (a) so long as each Agent complies with its obligations, if any, under the Code, the Lender Group shall not in any way or manner be liable or responsible for: (i) the
safekeeping of the Collateral, (ii) any loss or damage thereto occurring or arising in any manner or fashion from any cause, (iii) any diminution in the value thereof, or (iv) any act or default of any carrier, warehouseman, bailee,
forwarding agency, or other Person, and (b) all risk of loss, damage, or destruction of the Collateral shall be borne by Borrower. 

10.3. Indemnification. Borrower shall pay, indemnify, defend, and hold the Agent-Related Persons, the Lender-Related
Persons, and each Participant (each, an “Indemnified Person”) harmless (to the fullest extent permitted by law) from and against any and all claims, demands, suits, actions, investigations, proceedings, liabilities, fines, costs,
penalties, and damages, and all reasonable fees and disbursements of attorneys, experts, or consultants and all other costs and expenses actually incurred in connection therewith or in connection with the enforcement of this indemnification (as and
when they are incurred and irrespective of whether suit is brought), at any time asserted against, imposed upon, or incurred by any of them (a) in connection with or as a result of or related to the execution and delivery, enforcement,
performance, or administration (including any restructuring or workout with respect hereto) of this Agreement, any of the other Loan Documents, or the transactions contemplated hereby or thereby or the monitoring of Borrower’s and its
Subsidiaries’ compliance with the terms of the Loan Documents (provided, that the indemnification in this clause (a) shall not extend to (i) disputes solely between or among the Lenders that do not involve any acts or omissions of any Loan
Party, or (ii) disputes solely between or among the Lenders and their respective Affiliates that do not involve any acts or omissions of any Loan Party; it being understood and agreed that the indemnification in this clause (a) shall extend to
Agents (but not the Lenders) relative to disputes between or among Administrative Agent or Collateral Agent on the one hand, and one or more Lenders, or one or more of their Affiliates, on the other hand, or (iii) any Taxes or any costs
attributable to Taxes, other than any Taxes that represent liabilities, fines, costs, penalties or damages arising from any non-Tax claim), (b) with respect to any actual or prospective investigation, litigation, or proceeding related to this
Agreement, any other Loan 

  
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Document, the making of any Loans hereunder, or the use of the proceeds of the Loans provided hereunder (irrespective of whether any Loan Party or Indemnified Person is a party thereto), or any
act, omission, event, or circumstance in any manner related thereto, and (c) in connection with or arising out of any presence or release of Hazardous Materials at, on, under, to or from any assets or properties owned, leased or operated by
Borrower or any of its Subsidiaries or any Environmental Actions, Environmental Liabilities or Remedial Actions related in any way to any such assets or properties of Borrower or any of its Subsidiaries (each and all of the foregoing, the
“Indemnified Liabilities”). The foregoing to the contrary notwithstanding and subject to Section 15.2, Borrower shall have no obligation to any Indemnified Person under this Section 10.3 with respect to any
Indemnified Liability that a court of competent jurisdiction finally determines to have resulted from the gross negligence or willful misconduct of such Indemnified Person or its officers, directors, employees, attorneys, or agents. This
provision shall survive the termination of this Agreement and the repayment in full of the Obligations. If any Indemnified Person makes any payment to any other Indemnified Person with respect to an Indemnified Liability as to which Borrower
was required to indemnify the Indemnified Person receiving such payment, the Indemnified Person making such payment is entitled to be indemnified and reimbursed by Borrower with respect thereto. WITHOUT LIMITATION, THE FOREGOING INDEMNITY
SHALL APPLY TO EACH INDEMNIFIED PERSON WITH RESPECT TO INDEMNIFIED LIABILITIES WHICH IN WHOLE OR IN PART ARE CAUSED BY OR ARISE OUT OF ANY NEGLIGENT ACT OR OMISSION OF SUCH INDEMNIFIED PERSON OR OF ANY OTHER PERSON. THE PROVISIONS
OF THIS SECTION 10.3 SHALL SURVIVE THE RESIGNATION OR TERMINATION OF ANY AGENT AND TERMINATION OF THIS AGREEMENT. 
  

	11.	NOTICES. 

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

			
	If to Borrower:	  	 NUVERRA ENVIRONMENTAL SOLUTIONS, INC.
 14624
North Scottsdale Road, Suite 300
 Scottsdale, Arizona 85254

Attn: Chief Financial Officer
 Fax No. (602)
903-7806

		
	with copies to:	  	 SQUIRE PATTON BOGGS (US) LLP
 1 E. Washington
Street, Suite 2700
 Phoenix, Arizona 85004
 Attn: Matthew
Holman, Esq.
 Fax No. (602) 253-8129

  
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	If to Administrative Agent:	  	 WILMINGTON SAVINGS FUND SOCIETY, FSB
 500
Delaware Avenue
 Wilmington, DE 19801
 Attention: Corporate
Trust
 Reference: Nuverra Environmental Solutions, Inc. Term Loan Credit Agreement

Facsimile: 302-421-9137

		
	with copies to:	  	 MORRISON & FOERSTER LLP
 250 West 55th
Street
 New York, NY 10019-9601
 Attn: Jon Levine,
Esq.
 Fax No. 212-468-7900

		
	If to Collateral Agent:	  	 WELLS FARGO BANK, NATIONAL ASSOCIATION
 1100
Abernathy Road, Suite 1600
 Atlanta, Georgia 30328

Attn: Account Manager - Nuverra
 Fax No. (866)
358-0879

		
	with copies to:	  	 GOLDBERG KOHN LTD.
 55 East Monroe Street, Suite
3300
 Chicago, Illinois 60603
 Attn: Gary Zussman,
Esq.
 Fax No. (312) 332-2196

 Any party hereto may change the address at which they are to receive notices hereunder, by notice in writing in the foregoing
manner given to the other party. All notices or demands sent in accordance with this Section 11, shall be deemed received on the earlier of the date of actual receipt or 3 Business Days after the deposit thereof in the mail;
provided, that (a) notices sent by overnight courier service shall be deemed to have been given when received, (b) notices by facsimile shall be deemed to have been given when sent (except that, if not given during normal business
hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient) and (c) notices by electronic mail shall be deemed received upon the sender’s receipt of an acknowledgment
from the intended recipient (such as by the “return receipt requested” function, as available, return email or other written acknowledgment). 
  

	12.	CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER; JUDICIAL REFERENCE PROVISION. 

 (a) THE
VALIDITY OF THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (UNLESS EXPRESSLY PROVIDED TO THE CONTRARY IN ANOTHER LOAN DOCUMENT IN RESPECT OF SUCH OTHER LOAN DOCUMENT), THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF AND THEREOF, THE RIGHTS OF
THE PARTIES HERETO AND THERETO WITH RESPECT TO ALL MATTERS ARISING HEREUNDER OR THEREUNDER OR RELATED HERETO OR THERETO, AND ANY CLAIMS, CONTROVERSIES OR DISPUTES ARISING HEREUNDER 

  
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OR THEREUNDER OR RELATED HERETO OR THERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 

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

 (c) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, BORROWER AND EACH MEMBER OF THE LENDER GROUP HEREBY WAIVE THEIR RESPECTIVE
RIGHTS, IF ANY, TO A JURY TRIAL OF ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION DIRECTLY OR INDIRECTLY BASED UPON OR ARISING OUT OF ANY OF THE LOAN DOCUMENTS OR ANY OF THE TRANSACTIONS CONTEMPLATED THEREIN, INCLUDING CONTRACT CLAIMS, TORT
CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW OR STATUTORY CLAIMS (EACH A “CLAIM”). BORROWER AND EACH MEMBER OF THE LENDER GROUP REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH
KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 

(d) BORROWER HEREBY IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE STATE AND FEDERAL COURTS LOCATED IN THE
COUNTY OF NEW YORK AND THE STATE OF NEW YORK, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO ANY LOAN DOCUMENTS, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT
IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. NOTHING IN THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT SHALL AFFECT ANY
RIGHT THAT AGENT MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST ANY LOAN PARTY OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(e) NO CLAIM MAY BE MADE BY ANY LOAN PARTY AGAINST THE AGENT, THE SWING LENDER, ANY OTHER LENDER, ISSUING BANK, OR ANY

  
 -36- 

 
AFFILIATE, DIRECTOR, OFFICER, EMPLOYEE, COUNSEL, REPRESENTATIVE, AGENT, OR ATTORNEY-IN-FACT OF ANY OF THEM FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL, PUNITIVE OR EXEMPLARY DAMAGES OR
LOSSES IN RESPECT OF ANY CLAIM FOR BREACH OF CONTRACT OR ANY OTHER THEORY OF LIABILITY ARISING OUT OF OR RELATED TO THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR ANY ACT, OMISSION, OR EVENT OCCURRING IN CONNECTION
THEREWITH, AND EACH LOAN PARTY HEREBY WAIVES, RELEASES, AND AGREES NOT TO SUE UPON ANY CLAIM FOR SUCH DAMAGES, WHETHER OR NOT ACCRUED AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR. 

 

	13.	ASSIGNMENTS AND PARTICIPATIONS; SUCCESSORS. 

 13.1. Assignments and
Participations. 
 (a) (i) Subject to the conditions set forth in clause (a)(ii) below, any Lender may assign and delegate all
or any portion of its rights and duties under the Loan Documents (including the Obligations owed to it and its Commitments) to one or more assignees so long as such prospective assignee is an Eligible Transferee (each, an
“Assignee”), with prior written notice to Administrative Agent. 
 (ii) Assignments shall be subject to the following
additional conditions: 
 (A) no assignment may be made to a natural person; 

(B) no assignment may be made to a Loan Party or an Affiliate of a Loan Party; 

(C) the amount of the Term Loans, Commitments and the other rights and obligations of the assigning Lender hereunder and under the other Loan
Documents subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to Administrative Agent) shall be in a minimum amount (unless waived by Administrative Agent) of $100,000
(except such minimum amount shall not apply to (I) an assignment or delegation by any Lender to any other Lender, an Affiliate of any Lender, or a Related Fund of such Lender or (II) a group of new Lenders, each of which is an Affiliate of
each other or a Related Fund of such new Lender to the extent that the aggregate amount to be assigned to all such new Lenders is at least $100,000); 

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

  
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 (F) unless waived by Administrative Agent, the assigning Lender or Assignee has paid to
Administrative Agent, for Administrative Agent’s separate account, a processing fee in the amount of $3,500; 
 (G) the assignee, if
it is not a Lender, shall deliver to Administrative Agent an Administrative Questionnaire in a form approved by Administrative Agent (the “Administrative Questionnaire”); and 

(H) no Lender may assign or participate any portion of its Term Loans, Commitments or other rights and obligations hereunder and under the
other Loan Documents to a Person that is not a Lender (a “Third Party Assignee”) unless such assignment or participation is expressly permitted under this subsection (H). If a Lender (the “Assigning Lender”) shall
have made an offer (the “Offer”) to all other Lenders (the “Non-Assigning Lenders”), offering such Non-Assigning Lenders the opportunity to acquire or participate in a certain amount (the “Offer
Amount”) of such Lender’s Term Loans, Commitments and other rights and obligations at a certain price specified in such Offer (the “Offer Price”) then, except to the extent that prior to the fifth Business Day
following such Offer one or more of the Non-Assigning Lenders shall have agreed to acquire or participate in, as applicable, the Offer Amount of the Term Loans, Commitments or other rights and obligations hereunder and under the other Loan Documents
at the Offer Price, the Assigning Lender shall be permitted for a period of sixty (60) days following delivery of the Offer to assign or participate an aggregate amount of its Term Loans, Commitments or other rights and obligations hereunder and
under the other Loan Documents in an aggregate amount equal to the Offer Amount at the Offer Price to any Third Party Assignee. If no assignment or participation, as the case may be, occurs within such 60-day period, the Assigning Lender shall
comply with the provisions of this subsection (H) with respect to such unassigned and unsold Obligations. 
 (b) From and after the date
that Administrative Agent receives the executed Assignment and Acceptance and, if applicable, payment of the required processing fee, (i) the Assignee thereunder shall be a party hereto and, to the extent that rights and obligations hereunder
have been assigned to it pursuant to such Assignment and Acceptance, shall be a “Lender” and shall have the rights and obligations of a Lender under the Loan Documents, and (ii) the assigning Lender shall, to the extent that rights
and obligations hereunder and under the other Loan Documents have been assigned by it pursuant to such Assignment and Acceptance, relinquish its rights (except with respect to Section 10.3) and be released from any future obligations under
this Agreement (and in the case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s rights and obligations under this Agreement and the other Loan Documents, such Lender shall cease to be a party
hereto and thereto); provided, that nothing contained herein shall release any assigning Lender from obligations that survive the termination of this Agreement, including such assigning Lender’s obligations under Section 15 and
Section 17.9(a). 
 (c) By executing and delivering an Assignment and Acceptance, the assigning Lender thereunder and the Assignee
thereunder confirm to and agree with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes no representation or warranty and assumes no responsibility
with respect to any statements, warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other Loan Document furnished
pursuant hereto, (ii) such assigning Lender makes no representation or warranty and assumes no 

  
 -38- 

 
responsibility with respect to the financial condition of any Loan Party or the performance or observance by any Loan Party of any of its obligations under this Agreement or any other Loan
Document furnished pursuant hereto, (iii) such Assignee confirms that it has received a copy of this Agreement, together with such other documents and information as it has deemed appropriate to make its own credit analysis and decision to
enter into such Assignment and Acceptance, (iv) such Assignee will, independently and without reliance upon Administrative Agent, such assigning Lender or any other Lender, and based on such documents and information as it shall deem
appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement, (v) such Assignee appoints and authorizes Administrative Agent to take such actions and to exercise such powers under this
Agreement and the other Loan Documents as are delegated to Administrative Agent, by the terms hereof and thereof, together with such powers as are reasonably incidental thereto, and (vi) such Assignee agrees that it will perform all of the
obligations which by the terms of this Agreement are required to be performed by it as a Lender. 
 (d) Immediately upon Administrative
Agent’s receipt of the required processing fee, if applicable, and delivery of notice to the assigning Lender pursuant to Section 13.1(b), this Agreement shall be deemed to be amended to the extent, but only to the extent, necessary to
reflect the addition of the Assignee and the resulting adjustment of the Commitments arising therefrom. The Commitment allocated to each Assignee shall reduce such Commitments of the assigning Lender pro tanto. 

(e) Any Lender may, subject in any event to compliance with the right of first offer provisions of Section 13.1(a)(ii)(H), at any time sell to
one or more commercial banks, financial institutions, or other Persons (a “Participant”) participating interests in all or any portion of its Obligations, its Commitment, and the other rights and interests of that Lender (the
“Originating Lender”) hereunder and under the other Loan Documents; provided, that (i) the Originating Lender shall remain a “Lender” for all purposes of this Agreement and the other Loan Documents and the
Participant receiving the participating interest in the Obligations, the Commitments, and the other rights and interests of the Originating Lender hereunder shall not constitute a “Lender” hereunder or under the other Loan Documents and
the Originating Lender’s obligations under this Agreement shall remain unchanged, (ii) the Originating Lender shall remain solely responsible for the performance of such obligations, (iii) Borrower, Administrative Agent, and the
Lenders shall continue to deal solely and directly with the Originating Lender in connection with the Originating Lender’s rights and obligations under this Agreement and the other Loan Documents, (iv) no Lender shall transfer or grant any
participating interest under which the Participant has the right to approve any amendment to, or any consent or waiver with respect to, this Agreement or any other Loan Document, except to the extent such amendment to, or consent or waiver with
respect to this Agreement or of any other Loan Document would (A) extend the final maturity date of the Obligations hereunder in which such Participant is participating, (B) reduce the interest rate applicable to the Obligations hereunder
in which such Participant is participating, (C) release all or substantially all of the Collateral or guaranties (except to the extent expressly provided herein or in any of the Loan Documents) supporting the Obligations hereunder in which such
Participant is participating, (D) postpone the payment of, or reduce the amount of, the interest or fees payable to such Participant through such Lender (other than a waiver of default interest), or (E) decreases the amount or postpones
the due dates of scheduled principal repayments or prepayments or premiums payable to such Participant through such Lender, (v) no participation shall be sold to a natural person, (vi) no participation shall be sold to a Loan Party or an
Affiliate of a Loan Party, and (vii) all amounts payable by Borrower hereunder (other than amounts payable to a Participant pursuant to Section 16 of this Agreement) shall be determined as if such Lender had not sold such participation,
except that, if amounts outstanding under this Agreement are due and unpaid, or shall have been declared or shall have become 

  
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due and payable upon the occurrence of an Event of Default, each Participant shall be deemed to have the right of set off in respect of its participating interest in amounts owing under this
Agreement to the same extent as if the amount of its participating interest were owing directly to it as a Lender under this Agreement. The rights of any Participant only shall be derivative through the Originating Lender with whom such
Participant participates and no Participant shall have any rights under this Agreement or the other Loan Documents or any direct rights as to the other Lenders, Administrative Agent, Borrower, the Collateral, or otherwise in respect of the
Obligations. No Participant shall have the right to participate directly in the making of decisions by the Lenders among themselves. 

(f) In connection with any such assignment or participation or proposed assignment or participation or any grant of a security interest in, or
pledge of, its rights under and interest in this Agreement, a Lender may, subject to the provisions of Section 17.9, disclose all documents and information which it now or hereafter may have relating to Borrower and its Subsidiaries and
their respective businesses. 
 (g) Any other provision in this Agreement notwithstanding, any Lender may at any time create a security
interest in, or pledge, all or any portion of its rights under and interest in this Agreement in favor of any Federal Reserve Bank in accordance with Regulation A of the Federal Reserve Bank or U.S. Treasury Regulation 31 CFR §203.24, and such
Federal Reserve Bank may enforce such pledge or security interest in any manner permitted under applicable law. 
 (h) Administrative Agent
(as a non-fiduciary agent on behalf of Borrower) shall maintain, or cause to be maintained, a register (the “Register”) on which it enters the name and address of each Lender as the registered owner of the Term Loans (and the
principal amount thereof and stated interest thereon) held by such Lender (each, a “Registered Loan”). Other than in connection with an assignment by a Lender of all or any portion of its portion of the Term Loans to an
Affiliate of such Lender or a Related Fund of such Lender (i) a Registered Loan (and the registered note, if any, evidencing the same) may be assigned or sold in whole or in part only by registration of such assignment or sale on the Register
(and each registered note shall expressly so provide) and (ii) any assignment or sale of all or part of such Registered Loan (and the registered note, if any, evidencing the same) may be effected only by registration of such assignment or sale
on the Register, together with the surrender of the registered note, if any, evidencing the same duly endorsed by (or accompanied by a written instrument of assignment or sale duly executed by) the holder of such registered note, whereupon, at the
request of the designated assignee(s) or transferee(s), one or more new registered notes in the same aggregate principal amount shall be issued to the designated assignee(s) or transferee(s). Prior to the registration of assignment or sale of
any Registered Loan (and the registered note, if any evidencing the same), Borrower shall treat the Person in whose name such Registered Loan (and the registered note, if any, evidencing the same) is registered as the owner thereof for the purpose
of receiving all payments thereon and for all other purposes, notwithstanding notice to the contrary. In the case of any assignment by a Lender of all or any portion of its Term Loans to an Affiliate of such Lender or a Related Fund of such
Lender, and which assignment is not recorded in the Register, the assigning Lender, on behalf of Borrower, shall maintain a register comparable to the Register. 

(i) In the event that a Lender sells participations in the Registered Loan, such Lender, as a non-fiduciary agent on behalf of Borrower, shall
maintain (or cause to be maintained) a register on which it enters the name of all participants in the Registered Loans held by it (and the principal amount (and stated interest thereon) of the portion of such Registered Loans that is subject to

  
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such participations) (the “Participant Register”). A Registered Loan (and the Registered Note, if any, evidencing the same) may be participated in whole or in part only by
registration of such participation on the Participant Register (and each registered note shall expressly so provide). Any participation of such Registered Loan (and the registered note, if any, evidencing the same) may be effected only by the
registration of such participation on the Participant Register. 
 (j) Administrative Agent shall make a copy of the Register (and each
Lender shall make a copy of its Participant Register to the extent it has one) available for review by Borrower from time to time as Borrower may reasonably request. 

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

	14.	AMENDMENTS; WAIVERS. 

 14.1. Amendments and Waivers. 

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

(i) increase the amount of or extend the expiration date of any Commitment of any Lender or amend, modify, or eliminate the last sentence of
Section 2.4(c), 
 (ii) postpone or delay any date fixed by this Agreement or any other Loan Document for any payment of principal,
interest, fees, or other amounts due hereunder or under any other Loan Document, 
 (iii) reduce the principal of, or the rate of interest
on, any loan or other extension of credit hereunder, or reduce any fees or other amounts payable hereunder or under any other Loan Document (except in connection with the waiver of applicability of Section 2.6(c) (which waiver shall be
effective with the written consent of the Required Lenders)), 
 (iv) amend, modify, or eliminate this Section or any provision of this
Agreement providing for consent or other action by all Lenders, 
 (v) amend, modify, or eliminate Section 3.1 or 3.2, 

  
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 (vi) amend, modify, or eliminate Section 15.11, 

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

(viii) amend, modify, or eliminate the definitions of “Required Lenders” or “Pro Rata Share”, 

(ix) contractually subordinate any of Collateral Agent’s Liens, 

(x) other than in connection with a merger, liquidation, dissolution or sale of such Person expressly permitted by the terms hereof or the
other Loan Documents, release Borrower or any Guarantor from any obligation for the payment of money or consent to the assignment or transfer by Borrower or any Guarantor of any of its rights or duties under this Agreement or the other Loan
Documents, 
 (xi) amend, modify, or eliminate any of the provisions of Section 2.4(b)(i) or (ii), or 

(xii) amend, modify, or eliminate any of the provisions of Section 13.1 with respect to assignments to, or participations with,
Persons who are Loan Parties or Affiliates of Loan Parties. 
 (b) No amendment, waiver, modification, or consent shall amend, modify,
waive, or eliminate, 
 (i) the definition of, or any of the terms or provisions of, the Fee Letter, without the written consent of
Administrative Agent and Borrower (and shall not require the written consent of any of the Lenders), 
 (ii) any provision of Section
15 pertaining to any Agent, or any other rights or duties of any Agent under this Agreement or the other Loan Documents, without the written consent of such Agent, Borrower, and the Required Lenders, and 

(c) Anything in this Section 14.1 to the contrary notwithstanding, (i) any amendment, modification, elimination, waiver, consent,
termination, or release of, or with respect to, any provision of this Agreement or any other Loan Document that relates only to the relationship of the Lender Group among themselves, and that does not affect the rights or obligations of Borrower,
shall not require consent by or the agreement of any Loan Party, and (ii) any amendment, waiver, modification, elimination, or consent of or with respect to any provision of this Agreement or any other Loan Document may be entered into without
the consent of, or over the objection of, any Defaulting Lender other than any of the matters governed by Section 14.1(a)(i) through (iii) that affect such Lender or Section 14.1(a)(iv) but only if such amendment, waiver,
modification, elimination or consent of such Section 14.1(a)(iv) is in respect of an amendment, modification or elimination of Section 14.1(a)(i) through (iii) that affects such Lender. 

  
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 14.2. Replacement of Certain Lenders. 

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

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

	15.	AGENT; THE LENDER GROUP. 

 15.1. Appointment and Authorization of
Agents. Each Lender hereby designates and appoints Wilmington as its administrative agent under this Agreement and the other Loan Documents and each Lender hereby irrevocably authorizes Administrative Agent, in such
capacity, to execute and deliver each of the other Loan Documents on its behalf and to take such other action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform

  
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such duties as are expressly delegated to Administrative Agent by the terms of this Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Each
Lender hereby designates and appoints Wells Fargo as its collateral agent under this Agreement and the other Loan Documents and each Lender hereby irrevocably authorizes Collateral Agent, in such capacity, to execute and deliver each of the other
Loan Documents on its behalf and to take such other action on its behalf under the provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to Collateral Agent by the
terms of this Agreement or any other Loan Document, together with such powers as are reasonably incidental thereto. Each Agent agrees to act as agent for and on behalf of the Lenders on the conditions contained in this Section
15. The provisions of this Section 15 are solely for the benefit of the Agents and the Lenders, and neither the Borrower nor any other party shall have rights as a third-party beneficiary of any of such provisions. Any provision to the
contrary contained elsewhere in this Agreement or in any other Loan Document notwithstanding, no Agent shall have any duties or responsibilities, except those expressly set forth herein or in the other Loan Documents, nor shall any Agent have or be
deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against any
Agent. Without limiting the generality of the foregoing, the use of the term “agent” in this Agreement or the other Loan Documents with reference to any Agent is not intended to connote any fiduciary or other implied (or express)
obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only a representative relationship between independent contracting
parties. Each Lender hereby further authorizes Collateral Agent to act as the secured party under each of the Loan Documents that create a Lien on any item of Collateral. Except as expressly otherwise provided in this Agreement, Lenders
agree that each Agent shall have and may use its sole discretion with respect to exercising or refraining from exercising any discretionary rights or taking or refraining from taking any actions that each Agent expressly is entitled to take or
assert under or pursuant to this Agreement and the other Loan Documents. Without limiting the generality of the foregoing, or of any other provision of the Loan Documents that provides rights or powers to any Agent, Lenders agree that
Administrative Agent shall have the right to exercise the following powers as long as this Agreement remains in effect: (a) maintain, in accordance with its customary business practices, ledgers and records reflecting the status of the
Obligations, the Collateral, payments and proceeds of Collateral, and related matters, (b) execute or file any and all financing or similar statements or notices, amendments, renewals, supplements, documents, instruments, proofs of claim,
notices and other written agreements with respect to the Loan Documents to which it is a party, (c) make Term Loans, for itself or on behalf of Lenders, as provided in the Loan Documents, (d) receive, apply, and distribute payments and
proceeds of the Collateral as provided in the Loan Documents, (e) open and maintain such bank accounts and cash management arrangements as Administrative Agent deems necessary and appropriate in accordance with the Loan Documents for the
foregoing purposes, (f) perform, exercise, and enforce any and all other rights and remedies of the Lender Group with respect to Borrower or its Subsidiaries, the Obligations, the Collateral, or otherwise related to any of same as provided in
the Loan Documents, and (g) incur and pay such Lender Group Expenses as Administrative Agent may deem necessary or appropriate for the performance and fulfillment of its functions and powers pursuant to the Loan Documents. Without limiting
the generality of the foregoing, or of any other provision of the Loan Documents that provides rights or powers to any Agent, Lenders agree that Collateral Agent shall have the right to exercise the following powers as long as this Agreement remains
in effect: (a) maintain, in accordance with its customary business practices, ledgers and records reflecting the status of the Obligations, the Collateral, payments and proceeds of Collateral, and related matters, (b) execute or file
any and all financing or similar statements or notices, amendments, renewals, supplements, documents, instruments, proofs of claim, notices and other written agreements with respect 

  
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to the Loan Documents to which it is a party, (d) receive, apply, and distribute payments and proceeds of the Collateral as provided in the Loan Documents, (e) open and maintain such
bank accounts and cash management arrangements as such Collateral Agent deems necessary and appropriate in accordance with the Loan Documents for the foregoing purposes, (f) perform, exercise, and enforce any and all other rights and remedies
of the Lender Group with respect to Borrower or its Subsidiaries, the Obligations, the Collateral, or otherwise related to any of same as provided in the Loan Documents, and (g) incur and pay such Lender Group Expenses as Collateral Agent may
deem necessary or appropriate for the performance and fulfillment of its functions and powers pursuant to the Loan Documents. 
 15.2.
Delegation of Duties. Any Agent may execute any of its duties under this Agreement or any other Loan Document by or through agents, employees or attorneys in fact and shall be entitled to advice of counsel concerning all matters
pertaining to such duties. No Agent shall be responsible for the negligence or misconduct of any agent or attorney in fact except to the extent that a court of competent jurisdiction determines in a final and nonappealable order that the Agent,
as applicable, acted with gross negligence or willful misconduct in the selection of such agent(s) or attorney(s) in fact. 
 15.3.
Liability of Agents. None of the Agent-Related Persons shall (a) be liable for any action taken or omitted to be taken by any of them under or in connection with this Agreement or any other Loan Document or the
transactions contemplated hereby (except for its own gross negligence or willful misconduct), or (b) be responsible in any manner to any of the Lenders for any recital, statement, representation or warranty made by Borrower or any of its
Subsidiaries or Affiliates, or any officer or director thereof, contained in this Agreement or in any other Loan Document, or in any certificate, report, statement or other document referred to or provided for in, or received by any Agent under or
in connection with, this Agreement or any other Loan Document, or the validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or for any failure of Borrower or its Subsidiaries or any other
party to any Loan Document to perform its obligations hereunder or thereunder. No Agent-Related Person shall be under any obligation to any Lenders to ascertain or to inquire as to the observance or performance of any of the agreements
contained in, or conditions of, this Agreement or any other Loan Document, or to inspect the books and records or properties of Borrower or its Subsidiaries. 

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

  
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 15.5. Notice of Default or Event of Default. No Agent shall be deemed to have
knowledge or notice of the occurrence of any Default or Event of Default, except with respect to defaults in the payment of principal, interest, fees, and expenses required to be paid to such Agent for the account of the Lenders and, except with
respect to Events of Default of which such Agent has actual knowledge, unless such Agent shall have received written notice from a Lender or Borrower referring to this Agreement, describing such Default or Event of Default, and stating that such
notice is a “notice of default.” Each Agent promptly will notify the Lenders of its receipt of any such notice or of any Event of Default of which such Agent has actual knowledge. If any Lender obtains actual knowledge of any
Event of Default, such Lender promptly shall notify the other Lenders and each Agent of such Event of Default. Each Lender shall be solely responsible for giving any notices to its Participants, if any. Subject to Section 15.4, each
Agent shall take such action with respect to such Default or Event of Default as may be requested by the Required Lenders in accordance with Section 9; provided, that unless and until an Agent has received any such request, each Agent
may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem advisable. 

15.6. Credit Decision. Each Lender acknowledges that none of the Agent-Related Persons has made any representation or
warranty to it, and that no act by any Agent hereinafter taken, including any review of the affairs of Borrower and its Subsidiaries or Affiliates, shall be deemed to constitute any representation or warranty by any Agent-Related Person to any
Lender. Each Lender represents to Agent that it has, independently and without reliance upon any Agent-Related Person and based on such due diligence, documents and information as it has deemed appropriate, made its own appraisal of and
investigation into the business, prospects, operations, property, financial and other condition and creditworthiness of Borrower or any other Person party to a Loan Document, and all applicable bank regulatory laws relating to the transactions
contemplated hereby, and made its own decision to enter into this Agreement and to extend credit to Borrower. Each Lender also represents that it will, independently and without reliance upon any Agent-Related Person and based on such documents
and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make such investigations as it
deems necessary to inform itself as to the business, prospects, operations, property, financial and other condition and creditworthiness of Borrower or any other Person party to a Loan Document. Except for notices, reports, and other documents
expressly herein required to be furnished to the Lenders by an Agent, such Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, prospects, operations, property, financial
and other condition or creditworthiness of Borrower or any other Person party to a Loan Document that may come into the possession of any of the Agent-Related Persons. Each Lender acknowledges that no Agent has any duty or responsibility,
either initially or on a continuing basis (except to the extent, if any, that is expressly specified herein) to provide such Lender with any credit or other information with respect to Borrower, its Affiliates or any of their respective business,
legal, financial or other affairs, and irrespective of whether such information came into an Agent’s or its Affiliates’ or representatives’ possession before or after the date on which such Lender became a party to this Agreement.

 15.7. Costs and Expenses; Indemnification. Each Agent may incur and pay Lender Group Expenses to the extent such Agent
reasonably deems necessary or appropriate for the performance and fulfillment of its functions, powers, and obligations pursuant to the Loan Documents, including court costs, attorneys’ fees and expenses, fees and expenses of financial
accountants, advisors, consultants, and appraisers, costs of collection by outside collection agencies, auctioneer fees and expenses, and costs of security guards or insurance premiums paid to maintain the Collateral, whether or not Borrower is 

  
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obligated to reimburse an Agent or Lenders for such expenses pursuant to this Agreement or otherwise. Each Agent is authorized and directed to deduct and retain sufficient amounts from
payments or proceeds of the Collateral received by such Agent to reimburse such Agent for such out-of-pocket costs and expenses prior to the distribution of any amounts to Lenders. In the event any Agent is not reimbursed for such costs and
expenses by Borrower or its Subsidiaries, each Lender hereby agrees that it is and shall be obligated to pay to such Agent such Lender’s ratable thereof. Whether or not the transactions contemplated hereby are consummated, each of the
Lenders, on a ratable basis, shall indemnify and defend the Agent-Related Persons (to the extent not reimbursed by or on behalf of Borrower and without limiting the obligation of Borrower to do so) from and against any and all Indemnified
Liabilities; provided, that no Lender shall be liable for the payment to any Agent-Related Person of any portion of such Indemnified Liabilities resulting solely from such Person’s gross negligence or willful misconduct nor shall any
Lender be liable for the obligations of any Defaulting Lender in failing to make a Term Loan or other extension of credit hereunder. Without limitation of the foregoing, each Lender shall reimburse any Agent upon demand for such Lender’s
ratable share of any costs or out of pocket expenses (including attorneys, accountants, advisors, and consultants fees and expenses) incurred by such Agent in connection with the preparation, execution, delivery, administration, modification,
amendment, or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement or any other Loan Document to the extent that such Agent is not reimbursed
for such expenses by or on behalf of Borrower. The undertaking in this Section shall survive the payment of all Obligations hereunder and the resignation or replacement of any Agent. 

15.8. Agents in Individual Capacity. Each of Wells Fargo, Wilmington and their respective Affiliates may make loans to,
issue letters of credit for the account of, accept deposits from, acquire Equity Interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with Borrower and its Subsidiaries and Affiliates
and any other Person party to any Loan Document as though Wells Fargo and Wilmington were not Agents hereunder, and, in each case, without notice to or consent of the other members of the Lender Group. The other members of the Lender Group
acknowledge that, pursuant to such activities, Wells Fargo, Wilmington and their respective Affiliates may receive information regarding Borrower or its Affiliates or any other Person party to any Loan Documents that is subject to confidentiality
obligations in favor of Borrower or such other Person and that prohibit the disclosure of such information to the Lenders, and the Lenders acknowledge that, in such circumstances (and in the absence of a waiver of such confidentiality obligations,
which waiver each Agent will use its reasonable best efforts to obtain), no Agent shall be under any obligation to provide such information to them. 

15.9. Successor Agents. Each Agent may resign as an Agent upon 30 days (10 days if an Event of Default has
occurred and is continuing) prior written notice to the Lenders (unless such notice is waived by the Required Lenders) and Borrower (unless such notice is waived by Borrower or an Event of Default exists). In addition, the Required Lenders may
remove or terminate any Agent upon not less than 10 days’ written notice to such Agent and Borrower (unless such notice is waived by Borrower or an Event of Default exists). If any Agent resigns or is terminated, as the case may be, under this
Agreement, the Required Lenders shall be entitled to appoint a successor Agent for the Lenders. If no successor Agent is appointed prior to the effective date of the resignation or termination, as the case may be, of Agent, the Required Lenders may
appoint a successor Agent from among the Lenders or such other Person as the Required Lenders shall select. In any such event, upon the acceptance of its appointment as successor Agent hereunder, such successor Agent shall succeed to all the rights,
powers, and duties of the retiring Agent and the term “Agent” shall mean such successor Agent and the retiring Agent’s appointment, powers, and duties as an Agent shall be terminated. After any retiring Agent’s resignation

  
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or termination, as the case may be, hereunder as an Agent, the provisions of this Section 15 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was an
Agent under this Agreement. If no successor Agent has accepted appointment as Administrative Agent or Collateral Agent, as applicable, by the date which is 30 days following a retiring Agent’s notice of resignation, the retiring
Agent’s resignation shall nevertheless thereupon become effective and the Lenders shall perform all of the duties of such Agent hereunder until such time, if any, as the Lenders appoint a successor Agent as provided for above. 

15.10. Lender in Individual Capacity. Any Lender and its respective Affiliates may make loans to, issue letters of credit
for the account of, accept deposits from, acquire Equity Interests in and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with Borrower and its Subsidiaries and Affiliates and any other Person
party to any Loan Documents as though such Lender were not a Lender hereunder without notice to or consent of the other members of the Lender Group. The other members of the Lender Group acknowledge that, pursuant to such activities, such
Lender and its respective Affiliates may receive information regarding Borrower or its Affiliates or any other Person party to any Loan Documents that is subject to confidentiality obligations in favor of Borrower or such other Person and that
prohibit the disclosure of such information to the Lenders, and the Lenders acknowledge that, in such circumstances, such Lender shall not be under any obligation to provide such information to them. 

15.11. Collateral Matters. 

(a) The Lenders hereby irrevocably authorize Collateral Agent to release any Lien on any Collateral (i) upon the termination of the
Commitments and payment and satisfaction in full by Borrower of all of the Obligations, (ii) constituting property being sold or disposed of if a release is required or desirable in connection therewith and if Borrower certifies to Collateral
Agent that the sale or disposition is permitted under Section 6.4 (and Collateral Agent may rely conclusively on any such certificate, without further inquiry), (iii) constituting property in which neither Borrower nor its Subsidiaries
owned any interest at the time Collateral Agent’s Lien was granted nor at any time thereafter, (iv) constituting property leased or licensed to Borrower or its Subsidiaries under a lease or license that has expired or is terminated in a
transaction permitted under this Agreement, or (v) in connection with a credit bid or purchase authorized under this Section 15.11. The Loan Parties and the Lenders hereby irrevocably authorize each Agent, based upon the instruction
of the Required Lenders, to (a) consent to, credit bid or purchase (either directly or indirectly through one or more entities) all or any portion of the Collateral at any sale thereof conducted under the provisions of the Bankruptcy Code,
including Section 363 of the Bankruptcy Code, (b) credit bid or purchase (either directly or indirectly through one or more entities) all or any portion of the Collateral at any sale or other disposition thereof conducted under the provisions
of the Code, including pursuant to Sections 9-610 or 9-620 of the Code, or (c) credit bid or purchase (either directly or indirectly through one or more entities) all or any portion of the Collateral at any other sale or foreclosure conducted
or consented to by an Agent in accordance with applicable law in any judicial action or proceeding or by the exercise of any legal or equitable remedy. In connection with any such credit bid or purchase, (i) the Obligations owed to the
Lenders shall be entitled to be, and shall be, credit bid on a ratable basis (with Obligations with respect to contingent or unliquidated claims being estimated for such purpose if the fixing or liquidation thereof would not impair or unduly delay
the ability of an Agent to credit bid or purchase at such sale or other disposition of the Collateral and, if such contingent or unliquidated claims cannot be estimated without impairing or unduly delaying the ability of an Agent to credit bid at
such sale or other disposition, then such claims shall be disregarded, not credit bid, and not entitled to any interest in the Collateral that is the subject of such credit bid or purchase) and 

  
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the Lenders whose Obligations are credit bid shall be entitled to receive interests (ratably based upon the proportion of their Obligations credit bid in relation to the aggregate amount of
Obligations so credit bid) in the Collateral that is the subject of such credit bid or purchase (or in the Equity Interests of the any entities that are used to consummate such credit bid or purchase), and (ii) each Agent, based upon the
instruction of the Required Lenders, may accept non-cash consideration, including debt and equity securities issued by any entities used to consummate such credit bid or purchase and in connection therewith such Agent may reduce the Obligations owed
to the Lenders (ratably based upon the proportion of their Obligations credit bid in relation to the aggregate amount of Obligations so credit bid) based upon the value of such non-cash consideration. Except as provided above, no Agent will
execute and deliver a release of any Lien on any Collateral without the prior written authorization of (y) if the release is of all or substantially all of the Collateral, all of the Lenders, or (z) otherwise, the Required
Lenders. Upon request by Collateral Agent or Borrower at any time, the Lenders will confirm in writing Collateral Agent’s authority to release any such Liens on particular types or items of Collateral pursuant to this Section 15.11;
provided, that (1) anything to the contrary contained in any of the Loan Documents notwithstanding, Collateral Agent shall not be required to execute any document or take any action necessary to evidence such release on terms that, in
Collateral Agent’s opinion, could expose Collateral Agent to liability or create any obligation or entail any consequence other than the release of such Lien without recourse, representation, or warranty, and (2) such release shall not in
any manner discharge, affect, or impair the Obligations or any Liens (other than those expressly released) upon (or obligations of Borrower in respect of) any and all interests retained by Borrower, including, the proceeds of any sale, all of which
shall continue to constitute part of the Collateral. Each Lender further hereby irrevocably authorize Collateral Agent, at its option and in its sole discretion, to subordinate any Lien granted to or held by Collateral Agent under any Loan
Document to the holder of any Permitted Lien on such property if such Permitted Lien secures Permitted Purchase Money Indebtedness. 
 (b)
Collateral Agent shall have no obligation whatsoever to any of the Lenders (i) to verify or assure that the Collateral exists or is owned by Borrower or its Subsidiaries or is cared for, protected, or insured or has been encumbered,
(ii) to verify or assure that Collateral Agent’s Liens have been properly or sufficiently or lawfully created, perfected, protected, or enforced or are entitled to any particular priority, (iii) to verify or assure that any particular
items of Collateral meet the eligibility criteria applicable in respect thereof, (iv) to impose, maintain, increase, reduce, implement, or eliminate any particular reserve hereunder or to determine whether the amount of any reserve is
appropriate or not, or (v) to exercise at all or in any particular manner or under any duty of care, disclosure or fidelity, or to continue exercising, any of the rights, authorities and powers granted or available to Collateral Agent pursuant
to any of the Loan Documents, it being understood and agreed that in respect of the Collateral, or any act, omission, or event related thereto, subject to the terms and conditions contained herein, Collateral Agent may act in any manner it may deem
appropriate, in its sole discretion given Collateral Agent’s own interest in the Collateral in its capacity as one of the Lenders and that Collateral Agent shall have no other duty or liability whatsoever to any Lender as to any of the
foregoing, except as otherwise expressly provided herein. 
 15.12. Restrictions on Actions by Lenders; Sharing of Payments.

 (a) Each of the Lenders agrees that it shall not, without the express written consent of Administrative Agent, set off against the
Obligations, any amounts owing by such Lender to Borrower or its Subsidiaries or any deposit accounts of Borrower or its Subsidiaries now or hereafter maintained with such Lender. Each of the Lenders further agrees that it shall not, unless
specifically requested to do so in writing by Administrative Agent, take or cause to be taken any action, including, the 

  
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commencement of any legal or equitable proceedings to enforce any Loan Document against Borrower or any Guarantor or to foreclose any Lien on, or otherwise enforce any security interest in, any
of the Collateral. 
 (b) If, at any time or times any Lender shall receive (i) by payment, foreclosure, setoff, or otherwise, any
proceeds of Collateral or any payments with respect to the Obligations, except for any such proceeds or payments received by such Lender from an Agent pursuant to the terms of this Agreement, or (ii) payments from Administrative Agent in excess
of such Lender’s Pro Rata Share of all such distributions by Administrative Agent, such Lender promptly shall (A) turn the same over to Administrative Agent, in kind, and with such endorsements as may be required to negotiate the same to
Administrative Agent, or in immediately available funds, as applicable, for the account of all of the Lenders and for application to the Obligations in accordance with the applicable provisions of this Agreement, or (B) purchase, without
recourse or warranty, an undivided interest and participation in the Obligations owed to the other Lenders so that such excess payment received shall be applied ratably as among the Lenders in accordance with their Pro Rata Shares; provided,
that to the extent that such excess payment received by the purchasing party is thereafter recovered from it, those purchases of participations shall be rescinded in whole or in part, as applicable, and the applicable portion of the purchase price
paid therefor shall be returned to such purchasing party, but without interest except to the extent that such purchasing party is required to pay interest in connection with the recovery of the excess payment. 

15.13. Agency for Perfection. Collateral Agent hereby appoints each other Lender as its agent (and each Lender hereby accepts
such appointment) for the purpose of perfecting Collateral Agent’s Liens in assets which, in accordance with Article 8 or Article 9, as applicable, of the Code can be perfected by possession or control. Should any Lender obtain possession or
control of any such Collateral, such Lender shall notify Collateral Agent thereof, and, promptly upon Collateral Agent’s request therefor shall deliver possession or control of such Collateral to Collateral Agent or in accordance with
Collateral Agent’s instructions. 
 15.14. Payments by Agents to the Lenders. All payments to be made by an Agent to
the Lenders shall be made by bank wire transfer of immediately available funds pursuant to such wire transfer instructions as each party may designate for itself by written notice to such Agent. Concurrently with each such payment, each Agent
shall identify whether such payment (or any portion thereof) represents principal, premium, fees, or interest of the Obligations. 
 15.15.
Concerning the Collateral and Related Loan Documents. Each member of the Lender Group authorizes and directs Administrative Agent and Collateral Agent to enter into this Agreement and the other Loan Documents to which it is a
party. Each member of the Lender Group agrees that any action taken by an Agent in accordance with the terms of this Agreement or the other Loan Documents relating to the Collateral and the exercise by any Agent of its powers set forth therein
or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders. 
 15.16.
[Intentionally Omitted].
 15.17. Several Obligations; No Liability. Notwithstanding that certain of the
Loan Documents now or hereafter may have been or will be executed only by or in favor of Administrative Agent in its capacity as such, and not by or in favor of the Lenders, any and all obligations on the part of Administrative Agent (if any) to
make any credit available hereunder shall constitute the several (and not 

  
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joint) obligations of the respective Lenders on a ratable basis, according to their respective Commitments, to make an amount of such credit not to exceed, in principal amount, at any one time
outstanding, the amount of their respective Commitments. Nothing contained herein shall confer upon any Lender any interest in, or subject any Lender to any liability for, or in respect of, the business, assets, profits, losses, or liabilities
of any other Lender. Each Lender shall be solely responsible for notifying its Participants of any matters relating to the Loan Documents to the extent any such notice may be required, and no Lender shall have any obligation, duty, or liability
to any Participant of any other Lender. Except as provided in Section 15.7, no member of the Lender Group shall have any liability for the acts of any other member of the Lender Group. No Lender shall be responsible to Borrower or
any other Person for any failure by any other Lender to fulfill its obligations to make credit available hereunder, nor to advance for such Lender or on its behalf, nor to take any other action on behalf of such Lender hereunder or in connection
with the financing contemplated herein. 
  

	16.	WITHHOLDING TAXES. 

 16.1. Payments. All payments by or on account of
any obligation of any Loan Party under any Loan Document will be made free and clear of, and without deduction or withholding for, any present or future Indemnified Taxes, and in the event any deduction or withholding of Indemnified Taxes is
required, Borrower shall comply with the next sentence of this Section 16.1. If any Indemnified Taxes are so levied or imposed, Borrower agrees to pay the full amount of such Indemnified Taxes and such additional amounts as may be
necessary so that every payment of all amounts due under this Agreement, any note, or Loan Document, including any amount paid pursuant to this Section 16.1 after withholding or deduction for or on account of any Indemnified Taxes, will not
be less than the amount provided for herein. The Borrower shall indemnify Administrative Agent and each Lender and Participant, within 10 days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes
imposed or asserted on or attributable to amounts payable under this Section 16.1) payable or paid by such Agent, Lender or Participant or required to be withheld or deducted from a payment to such Agent, Lender or Participant and any
reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. Borrower will furnish to Administrative Agent as promptly
as possible after the date the payment of any Indemnified Tax is due pursuant to applicable law, certified copies of tax receipts evidencing such payment by Borrower. Borrower agrees to pay any present or future stamp, value added or
documentary taxes or any other excise or property taxes, charges, or similar levies that arise from any payment made hereunder or from the execution, delivery, performance, recordation, or filing of, or otherwise with respect to this Agreement or
any other Loan Document. 
 16.2. Exemptions. 

(a) If a Lender or Participant is entitled to claim an exemption or reduction from United States withholding tax, such Lender or Participant
agrees with and in favor of Administrative Agent, to deliver to Administrative Agent (or, in the case of a Participant, to the Lender granting the participation only) one of the following before receiving its first payment under this Agreement: 

(i) if such Lender or Participant is entitled to claim an exemption from United States withholding tax pursuant to the portfolio interest
exception, (A) a statement of the Lender or Participant, signed under penalty of perjury, that it is not a (I) a “bank” as described in Section 881(c)(3)(A) of the IRC, (II) a 10% shareholder of Borrower (within the meaning
of Section 871(h)(3)(B) of the IRC), or (III) a controlled foreign corporation related to Borrower within the meaning of Section 

  
 -51- 

 
864(d)(4) of the IRC, and (B) a properly completed and executed IRS Form W-8BEN-E or Form W-8IMY (with proper attachments); 

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

(iv) if such Lender or Participant is entitled to claim that interest paid under this Agreement is exempt from United States withholding tax
because such Lender or Participant serves as an intermediary, a properly completed and executed copy of IRS Form W-8IMY (with proper attachments); or 

(v) a properly completed and executed copy of any other form or forms, including IRS Form W-9, as may be required under the IRC or other laws
of the United States as a condition to exemption from, or reduction of, United States withholding or backup withholding tax. 
 (b) Each
Lender and each Participant shall provide new forms (or successor forms) upon the expiration or obsolescence of any previously delivered forms or promptly notify Borrower and Administrative Agent in writing of its legal inability to do so. Each
Lender or Participant shall promptly notify Administrative Agent (or, in the case of a Participant, to the Lender granting the participation only) of any change in circumstances which would modify or render invalid any claimed exemption or
reduction. 
 (c) If a Lender or Participant claims an exemption from withholding tax in a jurisdiction other than the United States, such
Lender or such Participant agrees with and in favor of Administrative Agent, to deliver to Administrative Agent (or, in the case of a Participant, to the Lender granting the participation only) any such form or forms, as may be required under the
laws of such jurisdiction as a condition to exemption from, or reduction of, foreign withholding or backup withholding tax before receiving its first payment under this Agreement, but only if such Lender or such Participant is legally able to
deliver such forms, provided, that nothing in this Section 16.2(c) shall require a Lender or Participant to disclose any information that it deems to be confidential (including without limitation, its tax returns). Each Lender and each
Participant shall provide new forms (or successor forms) upon the expiration or obsolescence of any previously delivered forms or promptly notify Borrower and Administrative Agent in writing of its legal inability to do so. Each Lender and each
Participant shall promptly notify Administrative Agent (or, in the case of a Participant, to the Lender granting the participation only) of any change in circumstances which would modify or render invalid any claimed exemption or reduction. 

(d) If a Lender or Participant claims exemption from, or reduction of, withholding tax and such Lender or Participant sells, assigns, grants a
participation in, or otherwise transfers all or part of the Obligations of Borrower, such Lender or Participant agrees to notify Administrative Agent (or, in the case of a sale of a participation interest, to the Lender granting the participation
only) of the 

  
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percentage amount in which it is no longer the beneficial owner of Obligations of Borrower. To the extent of such percentage amount, Administrative Agent will treat such Lender’s or
such Participant’s documentation provided pursuant to Section 16.2(a) or 16.2(c) as no longer valid. With respect to such percentage amount, such Assignee (or assignee Participant) may provide new documentation, pursuant to
Section 16.2(a) or 16.2(c), if applicable. Borrower agrees that each Participant shall be entitled to the benefits of this Section 16 with respect to its participation in any portion of the Commitments and the Obligations
so long as such Participant complies with the obligations set forth in this Section 16 with respect thereto. 
 16.3.
Reductions. 
 (a) If a Lender or a Participant is entitled to a reduction in the applicable withholding tax, Administrative
Agent (or, in the case of a Participant, to the Lender granting the participation) may withhold from any interest payment to such Lender or such Participant an amount equivalent to the applicable withholding tax after taking into account such
reduction. If the forms or other documentation required by Section 16.2(a) or 16.2(c) are not delivered to Administrative Agent (or, in the case of a Participant, to the Lender granting the participation), then Administrative
Agent (or, in the case of a Participant, to the Lender granting the participation) may withhold from any interest payment to such Lender or such Participant not providing such forms or other documentation an amount equivalent to the applicable
withholding tax. 
 (b) If the IRS or any other Governmental Authority of the United States or other jurisdiction asserts a claim that
Administrative Agent (or, in the case of a Participant, to the Lender granting the participation) did not properly withhold tax from amounts paid to or for the account of any Lender or any Participant due to a failure on the part of the Lender or
any Participant (because the appropriate form was not delivered, was not properly executed, or because such Lender failed to notify Administrative Agent (or such Participant failed to notify the Lender granting the participation) of a change in
circumstances which rendered the exemption from, or reduction of, withholding tax ineffective, or for any other reason) such Lender shall indemnify and hold Administrative Agent harmless (or, in the case of a Participant, such Participant shall
indemnify and hold the Lender granting the participation harmless) for all amounts paid, directly or indirectly, by Administrative Agent (or, in the case of a Participant, to the Lender granting the participation), as tax or otherwise, including
penalties and interest, and including any taxes imposed by any jurisdiction on the amounts payable to Administrative Agent (or, in the case of a Participant, to the Lender granting the participation only) under this Section 16, together with
all costs and expenses (including attorneys’ fees and expenses). The obligation of the Lenders and the Participants under this subsection shall survive the payment of all Obligations and the resignation or replacement of Administrative
Agent. 
 16.4. Refunds. If Administrative Agent or a Lender reasonably determines that it has received a refund of any
Indemnified Taxes to which Borrower has paid additional amounts pursuant to this Section 16, so long as no Default or Event of Default has occurred and is continuing, it shall pay over such refund to Borrower (but only to the extent of
payments made, or additional amounts paid, by Borrower under this Section 16 with respect to Indemnified Taxes giving rise to such a refund), net of all out-of-pocket expenses of Administrative Agent or such Lender and without interest (other
than any interest paid by the applicable Governmental Authority with respect to such a refund); provided, that Borrower, upon the request of Administrative Agent or such Lender, agrees to repay the amount paid over to Borrower (plus any
penalties, interest or other charges, imposed by the applicable Governmental Authority, other than such penalties, interest or other charges imposed as a result of the willful 

  
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misconduct or gross negligence of Administrative Agent hereunder) to Administrative Agent or such Lender in the event Administrative Agent or such Lender is required to repay such refund to such
Governmental Authority. Notwithstanding anything in this Agreement to the contrary, this Section 16 shall not be construed to require Administrative Agent or any Lender to make available its tax returns (or any other information which it
deems confidential) to Borrower or any other Person. 
  

	17.	GENERAL PROVISIONS. 

 17.1. Effectiveness. This Agreement shall be
binding and deemed effective when executed by Borrower, Administrative Agent, and each Lender whose signature is provided for on the signature pages hereof. 

17.2. Section Headings. Headings and numbers have been set forth herein for convenience only. Unless the contrary is
compelled by the context, everything contained in each Section applies equally to this entire Agreement. 
 17.3.
Interpretation. Neither this Agreement nor any uncertainty or ambiguity herein shall be construed against the Lender Group or Borrower, whether under any rule of construction or otherwise. On the contrary, this Agreement has
been reviewed by all parties and shall be construed and interpreted according to the ordinary meaning of the words used so as to accomplish fairly the purposes and intentions of all parties hereto. 

17.4. Severability of Provisions. Each provision of this Agreement shall be severable from every other provision of this
Agreement for the purpose of determining the legal enforceability of any specific provision. 
 17.5. [Intentionally
Omitted].
 17.6. Debtor-Creditor Relationship. The relationship between the Lenders and Agents, on the
one hand, and the Loan Parties, on the other hand, is solely that of creditor and debtor. No member of the Lender Group has (or shall be deemed to have) any fiduciary relationship or duty to any Loan Party arising out of or in connection with
the Loan Documents or the transactions contemplated thereby, and there is no agency or joint venture relationship between the members of the Lender Group, on the one hand, and the Loan Parties, on the other hand, by virtue of any Loan Document or
any transaction contemplated therein. 
 17.7. Counterparts; Electronic Execution. This Agreement may be executed in any
number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same
Agreement. Delivery of an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Agreement. Any party
delivering an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Agreement but the failure to deliver an original executed counterpart shall
not affect the validity, enforceability, and binding effect of this Agreement. The foregoing shall apply to each other Loan Document mutatis mutandis. 

  
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 17.8. Revival and Reinstatement of Obligations; Certain Waivers. If any member
of the Lender Group repays, refunds, restores, or returns in whole or in part, any payment or property (including any proceeds of Collateral) previously paid or transferred to such member of the Lender Group in full or partial satisfaction of any
Obligation or on account of any other obligation of any Loan Party under any Loan Document, because the payment, transfer, or the incurrence of the obligation so satisfied is asserted or declared to be void, voidable, or otherwise recoverable under
any law relating to creditors’ rights, including provisions of the Bankruptcy Code relating to fraudulent transfers, preferences, or other voidable or recoverable obligations or transfers (each, a “Voidable Transfer”), or
because such member of the Lender Group elects to do so on the reasonable advice of its counsel in connection with a claim that the payment, transfer, or incurrence is or may be a Voidable Transfer, then, as to any such Voidable Transfer, or the
amount thereof that such member of the Lender Group elects to repay, restore, or return (including pursuant to a settlement of any claim in respect thereof), and as to all reasonable costs, expenses, and attorneys’ fees of such member of the
Lender Group related thereto, (i) the liability of the Loan Parties with respect to the amount or property paid, refunded, restored, or returned will automatically and immediately be revived, reinstated, and restored and will exist and
(ii) Collateral Agent’s Liens securing such liability shall be effective, revived, and remain in full force and effect, in each case, as fully as if such Voidable Transfer had never been made. If, prior to any of the foregoing,
(A) Collateral Agent’s Liens shall have been released or terminated or (B) any provision of this Agreement shall have been terminated or cancelled, Collateral Agent’s Liens, or such provision of this Agreement, shall be
reinstated in full force and effect and such prior release, termination, cancellation or surrender shall not diminish, release, discharge, impair or otherwise affect the obligation of any Loan Party in respect of such liability or any Collateral
securing such liability. 
 17.9. Confidentiality. 

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

  
 -55- 

 
notice to Borrower pursuant to the terms of the subpoena or other legal process and (y) any disclosure under this clause (vi) shall be limited to the portion of the Confidential Information
as may be required by such Governmental Authority pursuant to such subpoena or other legal process, (vii) as to any such information that is or becomes generally available to the public (other than as a result of prohibited disclosure by Agents
or the Lenders or the Lender Group Representatives), (viii) in connection with any assignment, participation or pledge of any Lender’s interest under this Agreement, provided that prior to receipt of Confidential Information any such
assignee, participant, or pledgee shall have agreed in writing to receive such Confidential Information either subject to the terms of this Section 17.9 or pursuant to confidentiality requirements substantially similar to those contained in
this Section 17.9 (and such Person may disclose such Confidential Information to Persons employed or engaged by them as described in clause (i) above), (ix) in connection with any litigation or other adversary proceeding involving
parties hereto which such litigation or adversary proceeding involves claims related to the rights or duties of such parties under this Agreement or the other Loan Documents; provided, that, prior to any disclosure to any Person (other than
any Loan Party, any Agent, any Lender, any of their respective Affiliates, or their respective counsel) under this clause (ix) with respect to litigation involving any Person (other than Borrower, any Agent, any Lender, any of their respective
Affiliates, or their respective counsel), the disclosing party agrees to provide Borrower with prior written notice thereof, and (x) in connection with, and to the extent reasonably necessary for, the exercise of any secured creditor remedy
under this Agreement or under any other Loan Document. 
 (b) Anything in this Agreement to the contrary notwithstanding, Agents and Lenders
may disclose information concerning the terms and conditions of this Agreement and the other Loan Documents to loan syndication and pricing reporting services or in its marketing or promotional materials, with such information to consist of deal
terms and other information customarily found in such publications or marketing or promotional materials and may otherwise use the name, logos, and other insignia of Borrower or the other Loan Parties and the Commitments provided hereunder in any
“tombstone” or other advertisements, on its website or in other marketing materials of the Agents or Lenders. 
 (c) The Loan
Parties hereby acknowledge that Administrative Agent or its Affiliates may make available to the Lenders materials or information provided by or on behalf of Borrower hereunder (collectively, “Borrower Materials”) by posting the
Borrower Materials on IntraLinks, SyndTrak or another similar electronic system (the “Platform”) and certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive material non-public
information with respect to the Loan Parties or their securities) (each, a “Public Lender”). The Loan Parties shall be deemed to have authorized Administrative Agent and its Affiliates and the Lenders to treat Borrower
Materials marked “PUBLIC” or otherwise at any time filed with the SEC as not containing any material non-public information with respect to the Loan Parties or their securities for purposes of United States federal and state securities
laws. All Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated as “Public Investor” (or another similar term). Administrative Agent and its Affiliates and
the Lenders shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” or that are not at any time filed with the SEC as being suitable only for posting on a portion of the Platform not marked as “Public
Investor” (or such other similar term). 
 17.10. Survival. All representations and warranties made by the Loan
Parties in the Loan Documents and in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the other parties hereto and shall
survive the execution and delivery of the Loan Documents and the making of any Loans, 

  
 -56- 

 
regardless of any investigation made by any such other party or on its behalf and notwithstanding that any Agent or any Lender may have had notice or knowledge of any Default or Event of Default
or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal of, or any accrued interest on, any Loan or any fee or any other amount payable under this
Agreement is outstanding or unpaid and so long as the Commitments have not expired or been terminated. 
 17.11. Patriot
Act. Each Lender that is subject to the requirements of the Patriot Act hereby notifies Borrower that pursuant to the requirements of the Act, it is required to obtain, verify and record information that identifies Borrower, which
information includes the name and address of Borrower and other information that will allow such Lender to identify Borrower in accordance with the Patriot Act. In addition, if any Agent is required by law or regulation or internal policies to
do so, it shall have the right to periodically conduct (a) Patriot Act searches, OFAC/PEP searches, and customary individual background checks for the Loan Parties and (b) OFAC/PEP searches and customary individual background checks for
the Loan Parties’ senior management and key principals, and Borrower agrees to cooperate in respect of the conduct of such searches and further agrees that the reasonable costs and charges for such searches shall constitute Lender Group
Expenses hereunder and be for the account of Borrower. 
 17.12. Integration. This Agreement, together with the other
Loan Documents, reflects the entire understanding of the parties with respect to the transactions contemplated hereby and shall not be contradicted or qualified by any other agreement, oral or written, before the date hereof. 

17.13. No Setoff. All payments made by Borrower hereunder or under any note or other Loan Document will be made without
setoff, counterclaim, or other defense. 
 17.14. Intercreditor Agreements. Each Agent and each Lender hereunder, by its
acceptance of the benefits provided hereunder, (a) agrees that it will be bound by, and will take no actions contrary to, the provisions of the Pari Passu Intercreditor Agreement, and (b) authorizes and instructs the Administrative Agent and
Collateral Agent to enter into the Pari Passu Intercreditor Agreement as Administrative Agent and Collateral Agent, respectively, on behalf of each Lender. Each Agent and each Lender hereby agrees that the terms, conditions and provisions contained
in this Agreement are subject to the Pari Passu Intercreditor Agreement and, in the event of a conflict between the terms of the Pari Passu Intercreditor Agreement and this Agreement, the terms of the Pari Passu Intercreditor Agreement shall govern
and control. Each Agent and each Lender hereunder, by its acceptance of the benefits provided hereunder, (a) agrees that it will be bound by, and will take no actions contrary to, the provisions of the Second Lien Intercreditor Agreement, and (b)
authorizes and instructs the Collateral Agent to enter into the Second Lien Intercreditor Agreement as Collateral Agent on behalf of each Lender. Each Agent and each Lender hereby agrees that the terms, conditions and provisions contained in this
Agreement are subject to the Second Lien Intercreditor Agreement and, in the event of a conflict between the terms of the Second Lien Intercreditor Agreement and this Agreement, the terms of the Second Lien Intercreditor Agreement shall govern and
control. 
 [Signature pages to follow.] 

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

							
	BORROWER:	 		 	NUVERRA ENVIRONMENTAL SOLUTIONS, INC., a Delaware corporation
				
		 		 	By:	 	 /s/ Mark D. Johnsrud

		 		 	Name:	 	Mark D. Johnsrud
		 		 	Title:	 	Chairman and Chief Executive Officer

  
 Signature Page to Credit Agreement

 
			
	WILMINGTON SAVINGS FUND SOCIETY, FSB as Administrative Agent
		
	By:	 	 /s/ Geoffrey J. Lewis

	Name:	 	Geoffrey J. Lewis
	Title:	 	Vice President

  
 Signature Page to Credit Agreement

 
			
	ASCRIBE II INVESTMENTS LLC, as a Lender
		
	By:	 	 /s/ Lawrence First

	Name:	 	Lawrence First
	Title:	 	Managing Director
	
	ASCRIBE III INVESTMENTS LLC, as a Lender
		
	By:	 	 /s/ Lawrence First

	Name:	 	Lawrence First
	Title:	 	Managing Director

  
 Signature Page to Credit Agreement

 
			
	ECF VALUE FUND, LP, as a Lender
		
	By:	 	 /s/ Jeff Gates

	Name:	 	Jeff Gates
	Title:	 	Managing Partner of the General Partner

  
 Signature Page to Credit Agreement

 
			
	ECF VALUE FUND II, LP, as a Lender
		
	By:	 	 /s/ Jeff Gates

	Name:	 	Jeff Gates
	Title:	 	Managing Partner of the General Partner

  
 Signature Page to Credit Agreement

 
			
	ECF VALUE FUND INTERNATIONAL MASTER, LP, as a Lender
		
	By:	 	 /s/ Jeff Gates

	Name:	 	Jeff Gates
	Title:	 	President and Investment Manager

  
 Signature Page to Credit Agreement

 EXHIBIT A-1 

FORM OF ASSIGNMENT AND ACCEPTANCE AGREEMENT 

This ASSIGNMENT AND ACCEPTANCE AGREEMENT (“Assignment Agreement”) is entered into as of
                     between                     
(“Assignor”) and                      (“Assignee”). Reference is made to the Agreement described in Annex I hereto
(the “Credit Agreement”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Credit Agreement. 

1. In accordance with the terms and conditions of Section 13 of the Credit Agreement, the Assignor hereby sells and
assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, that interest in and to the Assignor’s rights and obligations under the Loan Documents as of the date hereof with respect to the Obligations owing to the
Assignor, and Assignor’s portion of the Commitments, all to the extent specified on Annex I. 
 2. The
Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the interest being assigned by it hereunder and that such interest is free and clear of any adverse claim and (ii) it has full power and authority, and has taken
all action necessary, to execute and deliver this Assignment Agreement and to consummate the transactions contemplated hereby; (b) makes no representation or warranty and assumes no responsibility with respect to (i) any statements, representations
or warranties made in or in connection with the Loan Documents, or (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any other instrument or document furnished pursuant thereto; (c)
makes no representation or warranty and assumes no responsibility with respect to the financial condition of Borrower or any Guarantor or the performance or observance by Borrower or any Guarantor of any of their respective obligations under the
Loan Documents or any other instrument or document furnished pursuant thereto, and (d) represents and warrants that the amount set forth as the Purchase Price on Annex I represents the amount owed by Borrower to Assignor with respect to
Assignor’s share of the Term Loans assigned hereunder, as reflected on Assignor’s books and records. 
 3. The Assignee (a)
confirms that it has received copies of the Credit Agreement and the other Loan Documents, together with copies of the financial statements referred to therein and such other documents and information as it has deemed appropriate to make its own
credit analysis and decision to enter into this Assignment Agreement; (b) agrees that it will, independently and without reliance upon any Agent, Assignor, or any other Lender, based upon such documents and information as it shall deem appropriate
at the time, continue to make its own credit decisions in taking or not taking any action under the Loan Documents; (c) confirms that it is an Eligible Transferee; (d) appoints and authorizes the each Agent to take such action as agent on its behalf
and to exercise such powers under the Loan Documents as are delegated to such Agent by the terms thereof, together with such powers as are reasonably incidental thereto; (e) agrees that it will perform in accordance with their terms all of the
obligations which by the terms of the Loan Documents are required to be performed by it as a Lender; [and (f) attaches the forms prescribed by the Internal Revenue Service of the United States certifying as to the Assignee’s status for
purposes of determining exemption 

 
from United States withholding taxes with respect to all payments to be made to the Assignee under the Credit Agreement or such other documents as are necessary to indicate that all such
payments are subject to such rates at a rate reduced by an applicable tax treaty.] 
 4. Following the execution of this Assignment
Agreement by the Assignor and Assignee, the Assignor will deliver this Assignment Agreement to the Administrative Agent for recording by the Administrative Agent. The effective date of this Assignment (the “Settlement Date”) shall
be the latest to occur of (a) the date of the execution and delivery hereof by the Assignor and the Assignee, (b) the receipt by Administrative Agent for its sole and separate account a processing fee in the amount of $3,500 and (c) the date
specified in Annex I. 
 5. As of the Settlement Date (a) the Assignee shall be a party to the Credit Agreement and, to the extent of the
interest assigned pursuant to this Assignment Agreement, have the rights and obligations of a Lender thereunder and under the other Loan Documents, and (b) the Assignor shall, to the extent of the interest assigned pursuant to this Assignment
Agreement, relinquish its rights and be released from its obligations under the Credit Agreement and the other Loan Documents, provided, however, that nothing contained herein shall release any assigning Lender from obligations that
survive the termination of this Agreement, including such assigning Lender’s obligations under Article 15 and Section 17.9(a) of the Credit Agreement. 

6. Upon the Settlement Date, Assignee shall pay to Assignor the Purchase Price (as set forth in Annex I). From and
after the Settlement Date, Administrative Agent shall make all payments that are due and payable to the holder of the interest assigned hereunder (including payments of principal, interest, fees and other amounts) to Assignor for amounts which have
accrued up to but excluding the Settlement Date and to Assignee for amounts which have accrued from and after the Settlement Date. On the Settlement Date, Assignor shall pay to Assignee an amount equal to the portion of any interest, fee, or any
other charge that was paid to Assignor prior to the Settlement Date on account of the interest assigned hereunder and that are due and payable to Assignee with respect thereto, to the extent that such interest, fee or other charge relates to the
period of time from and after the Settlement Date. 
 7. This Assignment Agreement may be executed in counterparts and by the parties hereto
in separate counterparts, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. This Assignment Agreement may be executed and delivered by telecopier or other
facsimile transmission all with the same force and effect as if the same were a fully executed and delivered original manual counterpart. 

8. THIS ASSIGNMENT AGREEMENT SHALL BE SUBJECT TO THE PROVISIONS REGARDING CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE
SET FORTH IN SECTION 12 OF THE CREDIT AGREEMENT, AND SUCH PROVISIONS ARE INCORPORATED HEREIN BY THIS REFERENCE, MUTATIS MUTANDIS. 

 IN WITNESS WHEREOF, the parties hereto have caused this Assignment Agreement and Annex I hereto
to be executed by their respective officers, as of the first date written above. 
  

			
	[NAME OF ASSIGNOR]
	as Assignor
		
	By	 	  

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

		 	Name:
		 	Title:

 Signature Page to assignment and Acceptance Agreement 

 ANNEX FOR ASSIGNMENT AND ACCEPTANCE 

ANNEX I 
  

	1.	Borrower: Nuverra Environmental Solutions, Inc., a Delaware corporation 

  

	2.	Name and Date of Credit Agreement: 

 Term Loan Credit Agreement dated as of April 15, 2016 (as
amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”) by and among Borrower, the lenders party thereto as “Lenders”, and Wilmington Savings Fund Society, FSB
(“Wilmington”), as administrative agent for each member of the Lender Group. 
  

							
	 3.
	  	 Date of Assignment Agreement:
	  			
			
	 4.
	  	 Assigned Amount of Term Loans:
	  	 	$            	  
			
	 5.
	  	 Settlement Date:
	  			
			
	 6.
	  	Purchase Price:	  	 	$            	  

  

	7.	Notice and Payment Instructions, etc.: 

  

							
	Assignee:	 		  	Assignor:	  	
				
	  
	 		  	  
	  	
	  
	 		  	  
	  	
	  
	 		  	  
	  	

 EXHIBIT C-1 

FORM OF COMPLIANCE CERTIFICATE 

[on Borrower’s letterhead] 
  

	To:	WILMINGTON SAVINGS FUND SOCIETY, FSB, as Administrative Agent 

 500 Delaware Avenue 

Wilmington, DE 19801 
 Attention:
Corporate Trust 
 Reference: Nuverra Environmental Solutions, Inc. Term Loan Credit Agreement 

Facsimile: 302-421-9137 
  

	 	Re:	Compliance Certificate dated             , 20     

Ladies and Gentlemen: 
 Reference is made to
that certain Term Loan Credit Agreement dated as of April 15, 2016 (as amended, restated, supplemented, or otherwise modified from time to time, the “Credit Agreement”) by and among Nuverra Environmental Solutions, Inc., a Delaware
corporation, as borrower (“Borrower”), the lenders party thereto as “Lenders” (each of such Lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”), and
Wilmington Savings Fund Society, FSB (“Wilmington”), as administrative agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, the “Administrative
Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Credit Agreement. 

Pursuant to Section 5.1 of the Credit Agreement, the undersigned officer of Borrower hereby certifies as of the date hereof that: 

1. The financial information of Borrower and its Subsidiaries furnished in Schedule 1 attached hereto, has been prepared in accordance
with GAAP (except, in the case of unaudited financial statements, for year-end audit adjustments and the lack of footnotes), and fairly presents in all material respects the financial condition of Borrower and its Subsidiaries as of the date set
forth therein. 
 2. Such officer has reviewed the terms of the Credit Agreement and has made, or caused to be made under his/her
supervision, a review in reasonable detail of the transactions and financial condition of Borrower and its Subsidiaries during the accounting period covered by the financial statements delivered pursuant to Section 5.1 of the Credit
Agreement. 
 3. Such review has not disclosed the existence on and as of the date hereof, and the undersigned does not have knowledge of
the existence as of the date hereof, of any event or condition that constitutes a Default or Event of Default, except for such conditions or events listed on Schedule 2 attached hereto, in each case specifying the nature and period of existence
thereof and what action Borrower and/or its Subsidiaries have taken, are taking, or propose to take with respect thereto. 

 4. Except as set forth on Schedule 3 attached hereto, the representations and warranties
of Borrower and its Subsidiaries set forth in the Credit Agreement and the other Loan Documents are true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that
already are qualified or modified by materiality in the text thereof) on and as of the date hereof (except to the extent that such representations and warranties relate solely to an earlier date, in which case such representations and warranties
shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof) as of such earlier
date. 
 5. As of the date hereof, Borrower and its Subsidiaries are in compliance with the covenant contained in Section 7 of the
Credit Agreement as demonstrated on Schedule 4 hereof. 
 6. [Attached hereto as Schedule 5 is a calculation of Excess Cash
Flow for the fiscal year ending on the date of the audited financial statements attached to Schedule I and a statement of the Permissible ECF Application Amount as of the date hereof.] 

  
 - 2 - 

 IN WITNESS WHEREOF, this Compliance Certificate is executed by the undersigned this
     day of             ,         . 
  

			
	NUVERRA ENVIRONMENTAL SOLUTIONS, INC.
	a Delaware corporation, as Borrower
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 SCHEDULE 1 

Financial Information 

 SCHEDULE 2 

Default or Event of Default 

 SCHEDULE 3 

Representations and Warranties 

 SCHEDULE 4 

Financial Covenant 
 Minimum
EBITDA. 
 Borrower’s EBITDA, measured on a month-end basis, for the          month
period ending                  , 20    , is $        , which amount [is/is not] greater than or equal
to the amount set forth in Section 7(a) of the Credit Agreement for the corresponding period. 

 SCHEDULE 5 

Excess Cash Flow 

 EXHIBIT P-1 

FORM OF PERFECTION CERTIFICATE 

Reference is hereby made to (a) that certain Term Loan Credit Agreement dated as of April 15, 2016 (as amended, restated, supplemented, or
otherwise modified from time to time, the “Credit Agreement”) by and among Nuverra Environmental Solutions, Inc., a Delaware corporation (“Borrower”), the lenders party thereto as “Lenders” (each of such
Lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”), and Wilmington Savings Fund Society, FSB (“Wilmington”), in its capacity as administrative agent for each
member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, “Administrative Agent”), and (b) that certain Guaranty and Security Agreement dated as of April 15, 2016 (as amended, restated,
supplemented, or otherwise modified from time to time, the “Guaranty and Security Agreement”) by and among Borrower, the Subsidiaries of Borrower parties thereto as “Grantors”, Administrative Agent and Wells Fargo Bank,
National Association, as collateral agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, “Collateral Agent” and, together with the Administrative Agent, the
“Agents” and each, an “Agent”). 
 All initially capitalized terms used herein without definition shall
have the meanings ascribed thereto in the Credit Agreement (including Schedule 1.1 thereto). Any terms (whether capitalized or lower case) used in this Perfection Certificate that are defined in the Code shall be construed and defined as set
forth in the Code unless otherwise defined herein or in the Credit Agreement; provided that to the extent that the Code is used to define any term used herein and if such term is defined differently in different Articles of the Code,
the definition of such term contained in Article 9 of the Code shall govern. As used herein, the term “Loan Parties” shall mean the “Loan Parties” as that term is defined in the Credit Agreement and “Code”
shall mean the “Code” as that term is defined in the Guaranty and Security Agreement. 
 The undersigned, the
            1 of             , hereby certifies (in my capacity as
                     and not in my individual capacity) to each Agent and each other member of the Lender Group as follows as of
                 , 2016: 
 1. Names. 

(a) The exact legal name of each Loan Party, as such name appears in its certified certificate of incorporation, articles of incorporation,
certificate of formation, or any other organizational document, is set forth in Schedule 1(a). Each Loan Party is (i) the type of entity disclosed next to its name in Schedule 1(a) and (ii) a registered organization
except to the extent disclosed in Schedule 1(a). Also set forth in Schedule 1(a) is the organizational identification number, if any, of each Loan Party that is a registered organization, the Federal Taxpayer
Identification Number of each Loan Party and the jurisdiction of formation of each Loan Party. Each Loan Party has qualified to do business in and is in good standing in the states listed on Schedule 1(a). 

 

	1 	Insert appropriate officer(s), as applicable. 

 (b) Set forth in Schedule 1(b) hereto is a list of any other legal names each Loan
Party has had in the past five years, together with the date of the relevant name change. 
 (c) Set forth in Schedule 1(c) is
a list of all other names used by each Loan Party in connection with any business or organization to which such Loan Party became the successor by merger, consolidation, acquisition, change in form, nature or jurisdiction of organization or
otherwise or on any filings with the Internal Revenue Service, in each case, at any time in the past five years. Except as set forth in Schedule 1(c), no Loan Party has changed its jurisdiction of organization at any time during the past four
months. 
 2. Chief Executive Offices and Other Collateral Locations. The chief executive office of each Loan Party is located at the
address set forth in Schedule 2 hereto, and except as otherwise listed, such chief executive office has not been located at any other address during the past five (5) years. Schedule 2 hereto sets forth all of the locations where each
Loan Party maintains (or within the past four months has maintained) any equipment, inventory or other tangible personal property. 
 3.
Real Property. 
 (a) Attached hereto as Schedule 3(a) is a list of all (i) Real Property (as defined in the Guaranty
and Security Agreement, and including any Real Property leased by such Loan Party) of each Loan Party, (ii) filing offices for any mortgages encumbering the Real Property or to encumber, the Real Property as of the Closing Date, (iii) common names,
addresses and uses of each parcel of Real Property (stating improvements located thereon) and (iv) other information relating thereto required by such Schedule. Except as described on Schedule 3(a) attached hereto: (A) no Loan Party
has entered into any leases, subleases, tenancies, franchise agreements, licenses or other occupancy arrangements as owner, lessor, sublessor, licensor, franchisor or grantor with respect to any of the real property described on Schedule
3(a) and (B) no Loan Party has any leases which require the consent of the landlord, tenant or other party thereto to the transactions contemplated by the Loan Documents. 

(b) Schedule 3(b) sets forth all third parties (“Bailees”) with possession of any Collateral (including inventory and
equipment) of the Loan Parties, including the name and address of such Bailee, a description of the inventory and equipment in such Bailee’s possession and the location of such inventory and equipment (if none please so state). 

(c) Schedule 3(c) sets forth a list of all water rights owned or used by the Loan Parties in connection with the operation of
any Mortgaged Property. 
 4. Extraordinary Transactions. Except for those purchases, mergers, acquisitions, consolidations, and
other transactions described on Schedule 4 attached hereto, during the preceding five (5) year period all of the Collateral has been originated by each Loan Party in the ordinary course of business or consists of goods which have been
acquired by such Loan Party in the ordinary course of business from a person in the business of selling goods of that kind. 
 5. File
Search Reports. Attached hereto as Schedule 5 is a true and accurate summary of certified file search reports from (a) the Uniform Commercial Code filing offices (i) 

  
 - 2 - 

 
in each jurisdiction of formation identified in Section 1(a) and in each location identified Section 2 with respect to each legal name set forth in Section 1 and (ii) in each jurisdiction
described in Schedule 1(c) or Schedule 3 relating to any of the transactions described in Schedule 1(c) or Schedule 4 with respect to each legal name of the person or entity from which
each Loan Party purchased or otherwise acquired any assets and (b) each filing office in each real estate recording office identified on Schedule 3(a) for any Real Property Collateral. A true copy of each financing statement, including
judgment and tax liens, bankruptcy and pending lawsuits or other filing identified in such file search reports has been delivered to Agents. 

6. UCC Filings. The financing statements (duly authorized by each Loan Party constituting the debtor therein), including the
indications of the collateral, attached as Schedule 6 relating to the Guaranty and Security Agreement or the Real Property, are in the appropriate forms for filing in the filing offices in the jurisdictions identified in Schedule
6 hereof. 
 7. Schedule of Filings. Attached hereto as Schedule 7 is a schedule of (i) the appropriate filing
offices for the financing statements attached hereto as Schedule 6 and (ii) the appropriate filing offices for the filings described in Schedule 11(c) and (iii) any other actions required to create, preserve, protect and
perfect the security interests in the Collateral (as defined in the Guaranty and Security Agreement) granted, assigned or pledged to Collateral Agent pursuant to the Guaranty and Security Agreement or any other Loan Document. No other filings or
actions are required to create, preserve, protect and perfect the security interests in the Collateral granted, assigned or pledged to Collateral Agent pursuant to the Loan Documents. 

8. Termination Statements. Attached hereto as Schedule 8 are the duly authorized termination statements in the
appropriate form for filing in each applicable jurisdiction identified in Schedule 8 hereto with respect to each Lien described therein. 

9. Stock Ownership and Other Equity Interests. Attached hereto as Schedule 9(a) is a true and correct list of each of all of the
authorized, and the issued and outstanding, Equity Interests of each Loan Party and its Subsidiaries and the record and beneficial owners of such Equity Interests. Also set forth on Schedule 9(a), is each equity investment of each Loan
Party that represents 50% or less of the equity of the entity in which such investment was made. Attached hereto as Schedule 9(b) is a true and correct organizational chart of Borrower and its Subsidiaries. 

10. Instruments and Chattel Paper. Attached hereto as Schedule 10 is a true and correct list of all promissory notes,
instruments (other than checks to be deposited in the ordinary course of business), tangible chattel paper, electronic chattel paper and other evidence of Indebtedness held by each Loan Party as of
                 , 2016 having an aggregate value or face amount in excess of $250,000 including all intercompany notes between or among any two or more Loan Parties or
any of their Subsidiaries. 
 11. Intellectual Property.2 

 

	2 	Include all US and non-US intellectual property owned by the Loan Parties. 

  
 - 3 - 

 (a) Schedule 11(a) provides a complete and correct list of all registered
Copyrights (as defined in the Guaranty and Security Agreement) owned by any Loan Party, all applications for registration of Copyrights owned by any Loan Party, and all other Copyrights owned by any Loan Party and material to the conduct of the
business of any Loan Party. Schedule 11(a) provides a complete and correct list of all Patents (as defined in the Guaranty and Security Agreement) owned by any Loan Party and all applications for Patents owned by any Loan Party. Schedule 11(a)
provides a complete and correct list of all registered Trademarks (as defined in the Guaranty and Security Agreement) owned by any Loan Party, all applications for registration of Trademarks owned by any Loan Party, and all other Trademarks owned by
any Loan Party and material to the conduct of the business of any Loan Party. 
 (b) Schedule 11(b) provides a complete and
correct list of all Intellectual Property Licenses (as defined in the Guaranty and Security Agreement) entered into by any Loan Party pursuant to which (i) any Loan Party has provided any license or other rights in Intellectual Property (as defined
in the Guaranty and Security Agreement) owned or controlled by such Loan Party to any other Person (other than non-exclusive software licenses granted in the ordinary course of business) or (ii) any Person has granted to any Loan Party any license
or other rights in Intellectual Property owned or controlled by such Person that is material to the business of such Loan Party, including any Intellectual Property that is incorporated in any Inventory, software, or other product marketed, sold,
licensed, or distributed by such Loan Party; 
 (c) Attached hereto as Schedule 11(c) in proper form for filing with the
United States Patent and Trademark Office and United States Copyright Office (as applicable) are the filings necessary to preserve, protect and perfect the security interests in the United States Trademarks, United Patents, United States Copyrights
and Intellectual Property Licenses set forth on Schedule 11(a) and Schedule 11(b), including duly signed copies of each of the Patent Security Agreement, Trademark Security Agreement and the Copyright Security Agreement,
as applicable. 
 12. Commercial Tort Claims. Attached hereto as Schedule 12 is a true and correct list of all
commercial tort claims that exceed $250,000 held by each Loan Party, including a brief description thereof. 
 13. Deposit Accounts and
Securities Accounts. Attached hereto as Schedule 13 is a true and complete list of all Deposit Accounts and Securities Accounts (each as defined in the Guaranty and Security Agreement) maintained by each Loan Party, including the
name of each institution where each such account is held, the name of each such account and the name of each entity that holds each account. 

14. Letter-of-Credit Rights. Attached hereto as Schedule 14 is a true and correct list of all letters of credit issued in
favor of any Loan Party, as beneficiary thereunder, having an aggregate value or face amount in excess of $250,000. 
 15. Motor
Vehicles. Attached hereto as Schedule 15 is a true and correct list of all motor vehicles and other goods (covered by certificates of title or ownership) having an aggregate fair market value in excess of $250,000 and owned by any Loan Party,
and the owner and approximate fair market value of such motor vehicle. 

  
 - 4 - 

 16. Other Assets: A Loan Party owns the following kinds of assets: 

 

					
	Aircraft:	  	Yes    	  	No    
	Vessels, boats or ships:	  	Yes    	  	No    
			
	Railroad rolling stock:	  	Yes    	  	No    

 If the answer is yes to any of these other types of assets, please describe on Schedule 16. 

[The Remainder of this Page has been intentionally left blank] 

  
 - 5 - 

 IN WITNESS WHEREOF, we have hereunto signed this Perfection Certificate as of this
     day of             , 2016. 
  

			
	NUVERRA ENVIRONMENTAL SOLUTIONS, INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	HECKMAN WATER RESOURCES CORPORATION
		
	By:	 	  

		 	Name:
		 	Title:
	
	HECKMAN WATER RESOURCES (CVR), INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	1960 WELL SERVICES, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	HECK WATER SOLUTIONS, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	APPALACHIAN WATER SERVICES, LLC
		
	By:	 	  

		 	Name:
		 	Title:

  
 Signature Page to
Perfection Certificate 

 
			
	BADLANDS POWER FUELS, LLC, a Delaware limited liability company
		
	By:	 	  

		 	Name:
		 	Title:
	
	BADLANDS POWER FUELS, LLC, a North Dakota limited liability company
		
	By:	 	  

		 	Name:
		 	Title:
	
	LANDTECH ENTERPRISES, L.L.C.
		
	By:	 	  

		 	Name:
		 	Title:
	
	BADLANDS LEASING, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	IDEAL OILFIELD DISPOSAL, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	NUVERRA TOTAL SOLUTIONS, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	NES WATER SOLUTIONS, LLC
		
	By:	 	  

		 	Name:
		 	Title:

  
 Signature Page to Perfection
Certificate 

 
			
	HECKMANN WOODS CROSS, LLC
		
	By:	 	  

		 	Name:
		 	Title:

  
 Signature Page to
Perfection Certificate 

 Schedule 1(a) 

Legal Names, Etc. 
  

											
	 Legal Name
	 	 Type of

Entity
	 	 Registered

Organization

(Yes/No)
	  	 Organizational
Number1
	  	 Federal Taxpayer

Identification Number
	  	
Jurisdiction of Formation

		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	

  

	1 	If none, so state. 

  
 - 5 - 

 Schedule 1(b) 

Prior Names 
  

					
	 Loan Party/Subsidiary
	 	 Prior Name
	 	 Date of Change

		 		 	
		 		 	
		 		 	
		 		 	

  
 - 6 - 

 Schedule 1(c) 

Chances in Corporate Identity; Other Names 
  

											
	 Loan

Party/Subsidiary
	 	 Name of Entity
	 	 Action
	  	 Date of

Action
	  	 State of

Formation
	  	 List of all Other

Names Used on Any

Filings with the
 Internal
Revenue
 Service During Past

Five Years

		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	

 [Add Information required by Section 1 to the extent required by Section 1(c) of the Perfection Certificate] 

  
 - 7 - 

 Schedule 2 

Chief Executive Offices1 and Other Collateral Locations 

 

							
	 Loan

Party/Subsidiary
	 	 Address
	 	 County
	  	 State

		 		 		  	
		 		 		  	
		 		 		  	
		 		 		  	
		 		 		  	
		 		 		  	

  

	1 	PLEASE INDICATE WHICH ADDRESS(ES) DENOTE(S) THE CHIEF EXECUTIVE OFFICE OF EACH LOAN PARTY 

  
 - 8 - 

 Schedule 3(a) 

Real Property 
  

																					
	 Entity of

Record
	 	 Common
Name and
Address
	 	
Owned,
Leased or
Other
Interest
	 	
Landlord/
Owner if
Leased or
Other
Interest
	 	 Description
of
Lease
or Other
Documents
Evidencing
Interest
	 	 Purpose/
Use
	 	 Improvements
Located on
Real
Property
	 	 Legal
Description
	 	 Encumbered
or to
be
Encumbered
by Mortgage
	 	
Filing
Office for
Mortgage
	 	
Option to,
Purchase/Right
of First Refusal

	[            ]	 	[            ]	 	[            ]	 	[            ]	 	[            ]	 	[            ]	 	[            ]	 	[SEE
EXHIBIT A-
[    ]
ATTACHE D
HERETO]	 	[YES/NO]	 	[            ]	 	[YES/NO]
		 		 		 		 		 		 		 		 		 		 	

  
 - 9 - 

 Schedule 3(a) 

Real Property (cont.) 
  

 Required Consents; Loan Party Held Landlord/ Grantor Interests 

I. Landlord’s / Tenant’s Consent Required 

1. [LIST EACH LEASE OR OTHER INSTRUMENT WHERE LANDLORD’S / TENANT’S CONSENT IS REQUIRED]. 

II. Leases, Subleases, Tenancies, Franchise Agreements, Licenses or Other Occupancy Agreements Pursuant to which any Loan Party holds Landlord’s /
Grantor’s Interest 
 1. [LIST EACH LEASE OR OTHER INSTRUMENT WHERE ANY LOAN PARTY HOLDS LANDLORD’S / GRANTOR’S INTEREST] 

  
 - 10 - 

 Schedule 3(b) 

Bailees 

  
 - 11 - 

 Schedule 3(c) 

Water Rights 

  
 - 12 - 

 Schedule 4 

Transactions Other Than in the Ordinary Course of Business 

 

					
	 Loan Party/Subsidiary
	 	 Description of Transaction Including Parties

Thereto
	 	 Date of

Transaction

		 		 	
		 		 	
		 		 	

  
 - 13 - 

 Schedule 5 

Certified File Search Reports 
  

							
	 Loan Party/Subsidiary
	  	 Search Report dated
	  	 Prepared by
	  	 Jurisdiction

		  		  		  	
		  		  		  	
		  		  		  	

 See attached. 

  
 - 14 - 

 Schedule 6 

Copy of Financing Statements To Be Filed 

See attached. 

  
 - 15 - 

 Schedule 7 

Filings/Filing Offices 
  

							
	 Type of Filing1
	  	 Entity
	  	 Applicable Collateral

Document
 [Mortgage,
Security
 Agreement or Other]
	  	 Jurisdictions

		  		  		  	
		  		  		  	
		  		  		  	
		  		  		  	

  

	1 	UCC-1 financing statement, fixture filing, mortgage, intellectual property filing or other necessary filing. 

  
 - 16 - 

 Schedule 8 

Attached hereto is a true copy of each termination statement filing duly acknowledged or otherwise identified by the filing officer. 

Termination Statement Filings 
  

											
	 Debtor
	  	 Jurisdiction
	  	 Secured

Party
	  	 Type of

Collateral
	  	 UCC-1

File Date
	  	 UCC-1

File

Number

		  		  		  		  		  	
		  		  		  		  		  	
		  		  		  		  		  	

  
 - 17 - 

 Schedule 9(a) 

(a) Equity Interests of Loan Parties and Subsidiaries 
  

									
	 Current Legal Entities Owned
	  	Record Owner	  	Certificate No.	  	No.
Shares/Interest	  	Percent Pledged
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

 (b) Other Equity Interests 

  
 - 18 - 

 Schedule 9(b) 

Organizational Chart 

  
 - 19 - 

 Schedule 10 

Instruments and Chattel Paper 
  

	1.	Promissory Notes: 

  

									
	 Entity
	  	Principal
Amount	  	Date of Issuance	  	Interest Rate	  	Maturity Date
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

  

	2.	Chattel Paper: 

  
 - 20 - 

 Schedule 11(a) 

Copyrights, Patents and Trademarks 

UNITED STATES COPYRIGHTS 
 Registrations: 

 

					
	OWNER	  	TITLE	  	REGISTRATION NUMBER

 Applications: 
  

					
	OWNER	  	APPLICATION NUMBER	  	 

 OTHER COPYRIGHTS 

Registrations: 
  

							
	OWNER	  	COUNTRY/STATE	  	TITLE	  	REGISTRATION NUMBER

 Applications: 
  

							
	OWNER	  	COUNTRY/STATE	  	APPLICATION NUMBER	  	 

  
 - 21 - 

 Schedule 11(a) 

Copyrights, Patents and Trademarks (cont.) 

UNITED STATES PATENTS: 
 Registrations: 

 

							
	 OWNER
	  	 REGISTRATION

NUMBER
	  	 DESCRIPTION
	  	 

 Applications: 
  

							
	 OWNER
	  	 APPLICATION

NUMBER
	  	 DESCRIPTION
	  	 

 OTHER PATENTS: 

Registrations: 
  

							
	 OWNER
	  	 REGISTRATION

NUMBER
	  	 COUNTRY/STATE
	  	 DESCRIPTION

Applications: 
  

							
	 OWNER
	  	 APPLICATION

NUMBER
	  	 COUNTRY/STATE
	  	 DESCRIPTION

  
 - 22 - 

 Schedule 11(a) 

Copyrights, Patents and Trademarks (cont.) 

UNITED STATES TRADEMARKS: 
 Registrations: 

 

							
	 OWNER
	  	 REGISTRATION

NUMBER
	  	 TRADEMARK
	  	 

 Applications: 
  

							
	 OWNER
	  	 APPLICATION

NUMBER
	  	 TRADEMARK
	  	 

 OTHER TRADEMARKS: 

Registrations: 
  

							
	 OWNER
	  	 REGISTRATION

NUMBER
	  	 COUNTRY/STATE
	  	 TRADEMARK

Applications: 
  

							
	 OWNER
	  	 APPLICATION

NUMBER
	  	 COUNTRY/STATE
	  	 TRADEMARK

  
 - 23 - 

 Schedule 11(b) 

Intellectual Property Licenses 
  

									
	 LICENSEE
	  	 LICENSOR
	  	 COUNTRY/STATE
	  	 REGISTRATION/
APPLICATION

NUMBER, IF

ANY
	  	 DESCRIPTION

		  		  		  		  	

  
 - 24 - 

 Schedule 11(c) 

Intellectual Property Filings 

  
 - 25 - 

 Schedule 12 

Commercial Tort Claims 

  
 - 26 - 

 Schedule 13 

Deposit Accounts and Securities Accounts 
  

							
	OWNER	  	TYPE OF ACCOUNT	  	 BANK OR

INTERMEDIARY
	  	 ACCOUNT

NUMBERS

  
 - 27 - 

 Schedule 14 

Letter of Credit Rights 

  
 - 28 - 

 Schedule 15 

Motor Vehicles 

  
 - 29 - 

 Schedule 16 

Other AssetsEX-10.2

 Exhibit 10.2 

EXECUTION VERSION 
 NOTWITHSTANDING
ANYTHING HEREIN TO THE CONTRARY, (I) THE LIENS AND SECURITY INTERESTS GRANTED TO THE AGENT PURSUANT TO THIS AGREEMENT ARE EXPRESSLY SUBJECT AND SUBORDINATE TO THE LIENS AND SECURITY INTERESTS GRANTED IN FAVOR OF THE REVOLVING CREDIT AGREEMENT
SECURED PARTIES (AS DEFINED IN THE INTERCREDITOR AGREEMENT REFERRED TO BELOW) AND (II) THE EXERCISE OF ANY RIGHT OR REMEDY BY THE AGENT OR ANY OTHER SECURED PARTY HEREUNDER IS SUBJECT TO THE LIMITATIONS AND PROVISIONS CONTAINED IN THE INTERCREDITOR
AGREEMENT DATED AS OF APRIL 15, 2016 (AS AMENDED, RESTATED, SUPPLEMENTED OR OTHERWISE MODIFIED FROM TIME TO TIME, THE “INTERCREDITOR AGREEMENT”), AMONG WELLS FARGO BANK, NATIONAL ASSOCIATION, AS PARI PASSU COLLATERAL AGENT, WELLS FARGO
BANK, NATIONAL ASSOCIATION, AS REVOLVING CREDIT AGREEMENT AGENT, AND WILMINGTON SAVINGS FUND SOCIETY, FSB, AS TERM LOAN AGENT. IN THE EVENT OF ANY CONFLICT BETWEEN THE TERMS OF THE INTERCREDITOR AGREEMENT AND THE TERMS OF THIS AGREEMENT, THE TERMS
OF THE INTERCREDITOR AGREEMENT SHALL GOVERN. 
 GUARANTY AND SECURITY AGREEMENT 

This GUARANTY AND SECURITY AGREEMENT (this “Agreement”), dated as of April 15, 2016, among the Persons listed
on the signature pages hereof as “Grantors” and those additional entities that hereafter become parties hereto by executing the form of Joinder attached hereto as Annex 1 (each, a “Grantor” and collectively, the
“Grantors”), WILMINGTON SAVINGS FUND SOCIETY, FSB (“Wilmington”), in its capacity as administrative agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such
capacity, “Administrative Agent”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), in its capacity as collateral agent for each member of the Lender Group (in such capacity, together with its successors
and assigns in such capacity, “Collateral Agent” and, together with the Administrative Agent, the “Agents” and each, an “Agent”). 

W I T N E S S E T H: 

WHEREAS, Nuverra Environmental Solutions, Inc., a Delaware corporation (“Borrower”), the lenders party thereto as
“Lenders” (each of such Lenders, together with its successors and permitted assigns, is referred to hereinafter as a “Lender”) and Administrative Agent are parties to that certain Term Loan Credit Agreement dated as of
April 15, 2016 (as the same may be amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”); 

WHEREAS, each of the Agents has agreed to act as an agent for the benefit of the Lender Group in connection with the transactions
contemplated by the Credit Agreement and this Agreement; 

 WHEREAS, in order to induce the Lender Group to enter into the Credit Agreement and the
other Loan Documents, and to induce the Lender Group to make term loans to Borrower as provided for in the Credit Agreement and the other Loan Documents, (a) each Grantor (other than Borrower) has agreed to guaranty the Guarantied Obligations
and (b) each Grantor has agreed to grant to Collateral Agent, for the benefit of the Lender Group, a continuing security interest in and to the Collateral in order to secure the prompt and complete payment, observance and performance of, among
other things, the Secured Obligations; 
 WHEREAS, each Grantor (other than Borrower) is a Subsidiary of Borrower and, as such, will
benefit by virtue of the financial accommodations extended to Borrower by the Lender Group. 
 NOW, THEREFORE, for and in
consideration of the recitals made above and other good and valuable consideration, the receipt, sufficiency and adequacy of which are hereby acknowledged, the parties hereto agree as follows: 

1. Definitions; Construction. 

(a) All initially capitalized terms used herein (including in the preamble and recitals hereof) without definition shall have the meanings
ascribed thereto in the Credit Agreement (including Schedule 1.1 thereto). Any terms (whether capitalized or lower case) used in this Agreement that are defined in the Code shall be construed and defined as set forth in the Code unless
otherwise defined herein or in the Credit Agreement; provided that to the extent that the Code is used to define any term used herein and if such term is defined differently in different Articles of the Code, the definition of such
term contained in Article 9 of the Code shall govern. In addition to those terms defined elsewhere in this Agreement, as used in this Agreement, the following terms shall have the following meanings: 

(i) “Account” means an account (as that term is defined in Article 9 of the Code). 

(ii) “Account Debtor” means an account debtor (as that term is defined in the Code). 

(iii) “Activation Instruction” has the meaning specified therefor in Section 7(k). 

(iv) “Administrative Agent” has the meaning specified therefor in the preamble to this Agreement. 

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

(vi) “Agreement” has the meaning specified therefor in the preamble to this Agreement. 

(vii) “Books” means books and records (including each Grantor’s Records indicating, summarizing, or
evidencing such Grantor’s assets (including the Collateral) or 

  
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liabilities, each Grantor’s Records relating to such Grantor’s business operations or financial condition, and each Grantor’s goods or General Intangibles related to such
information). 
 (viii) “Borrower” has the meaning specified therefor in the recitals to this Agreement.

 (ix) “Cash Equivalents” has the meaning specified therefor in the Credit Agreement. 

(x) “Certificated Equipment” has the meaning specified therefor in the Credit Agreement. 

(xi) “Chattel Paper” means chattel paper (as that term is defined in the Code), and includes tangible chattel
paper and electronic chattel paper. 
 (xii) “Code” means the New York Uniform Commercial Code, as in effect
from time to time; provided, however, that in the event that, by reason of mandatory provisions of law, any or all of the attachment, perfection, priority, or remedies with respect to Agent’s Lien on any Collateral is governed by
the Uniform Commercial Code as enacted and in effect in a jurisdiction other than the State of New York, the term “Code” shall mean the Uniform Commercial Code as enacted and in effect in such other jurisdiction solely for purposes of the
provisions thereof relating to such attachment, perfection, priority, or remedies. 
 (xiii) “Collateral”
has the meaning specified therefor in Section 3. 
 (xiv) “Collateral Agent” has the meaning
specified therefor in the preamble to this Agreement. 
 (xv) “Collateral Agent’s Lien” has the meaning
specified therefor in the Credit Agreement. 
 (xvi) “Commercial Tort Claims” means commercial tort claims
(as that term is defined in the Code), and includes those commercial tort claims listed on Schedule 1. 
 (xvii)
“Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended from time to time, and any successor statute. 

(xviii) “Control Agreement” has the meaning specified therefor in the Credit Agreement. 

(xix) “Controlled Account” has the meaning specified therefor in Section 7(k). 

(xx) “Controlled Account Agreements” means those certain cash management agreements, in form and substance
reasonably satisfactory to each Agent, each of which is executed and delivered by a Grantor, Collateral Agent, and one of the Controlled Account Banks. 

  
 -3- 

 (xxi) “Controlled Account Bank” has the meaning specified
therefor in Section 7(k). 
 (xxii) “Copyrights” means any and all rights in any works of authorship,
including (A) copyrights and moral rights, (B) copyright registrations and recordings thereof and all applications in connection therewith including those listed on Schedule 2, (C) income, license fees, royalties, damages, and payments
now and hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past, present, or future infringements thereof, (D) the right to sue for past,
present, and future infringements thereof, and (E) all of each Grantor’s rights corresponding thereto throughout the world. 

(xxiii) “Copyright Security Agreement” means each Copyright Security Agreement executed and delivered by
Grantors, or any of them, and Collateral Agent, in substantially the form of Exhibit A. 
 (xxiv) “Credit
Agreement” has the meaning specified therefor in the recitals to this Agreement. 
 (xxv) “Custodial
Agreement” means (i) that certain Custodial Agreement dated as of February 3, 2014, among the Borrower, the Revolving Credit Agreement Agent (as defined in the Intercreditor Agreement), and Corporation Service Company, a Delaware
corporation, as custodian thereunder, and each custodial agreement now or hereafter executed in form and substance reasonably satisfactory to each Agent and (ii) any replacement custodial agreement entered into by the Borrower substantially in the
form of Exhibit E. 
 (xxvi) “Deposit Account” means a deposit account (as that term is defined in the
Code). 
 (xxvii) “Equipment” means equipment (as that term is defined in the Code). 

(xxviii) “Equity Interests” has the meaning specified therefor in the Credit Agreement. 

(xxix) “Event of Default” has the meaning specified therefor in the Credit Agreement. 

(xxx) “Excluded Property” has the meaning specified therefor in Section 3. 

(xxxi) “Farm Products” means farm products (as that term is defined in the Code). 

(xxxii) “Fixtures” means fixtures (as that term is defined in the Code). 

(xxxiii) “Foreclosed Grantor” has the meaning specified therefor in Section 2(i)(iii). 

  
 -4- 

 (xxxiv) “General Intangibles” means general intangibles (as that
term is defined in the Code), and includes payment intangibles, software, contract rights, rights to payment, rights under Hedge Agreements (including the right to receive payment on account of the termination (voluntarily or involuntarily) of such
Hedge Agreements), rights arising under common law, statutes, or regulations, choses or things in action, goodwill, Intellectual Property, Intellectual Property Licenses, purchase orders, customer lists, monies due or recoverable from pension funds,
route lists, rights to payment and other rights under any royalty or licensing agreements, including Intellectual Property Licenses, infringement claims, pension plan refunds, pension plan refund claims, insurance premium rebates, tax refunds, and
tax refund claims, interests in a partnership or limited liability company which do not constitute a security under Article 8 of the Code, and any other personal property other than Commercial Tort Claims, money, Accounts, Chattel Paper, Deposit
Accounts, goods, Investment Property, Negotiable Collateral, and oil, gas, or other minerals before extraction. 
 (xxxv)
“Grantor” and “Grantors” have the respective meanings specified therefor in the preamble to this Agreement. 

(xxxvi) “Guarantied Obligations” means all of the Obligations now or hereafter existing, whether for
principal, interest (including any interest that accrues after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency Proceeding), fees (including the fees
provided for in the Fee Letter), Lender Group Expenses (including any fees or expenses that accrue after the commencement of an Insolvency Proceeding, regardless of whether allowed or allowable in whole or in part as a claim in any such Insolvency
Proceeding), or otherwise, and any and all expenses (including reasonable counsel fees and expenses) incurred by any Agent, any other member of the Lender Group (or any of them) in enforcing any rights under the any of the Loan
Documents. Without limiting the generality of the foregoing, Guarantied Obligations shall include all amounts that constitute part of the Guarantied Obligations and would be owed by Borrower to any Agent, any other member of the Lender Group
but for the fact that they are unenforceable or not allowable, including due to the existence of a bankruptcy, reorganization, other Insolvency Proceeding or similar proceeding involving Borrower or any guarantor. 

(xxxvii) “Guarantor” means each Grantor other than Borrower. 

(xxxviii) “Guaranty” means the guaranty set forth in Section 2 hereof. 

(xxxix) “Insolvency Proceeding” has the meaning specified therefor in the Credit Agreement. 

(xl) “Intellectual Property” means any and all Patents, Copyrights, Trademarks, trade secrets, know-how,
inventions (whether or not patentable), algorithms, software programs (including source code and object code), processes, product designs, industrial designs, blueprints, drawings, data, customer lists, URLs and domain names, specifications,
documentations, reports, catalogs, literature, and any other forms of 

  
 -5- 

 
technology or proprietary information of any kind, including all rights therein and all applications for registration or registrations thereof. 

(xli) “Intellectual Property Licenses” means, with respect to any Person (the “Specified
Party”), (A) any licenses or other similar rights provided to the Specified Party in or with respect to Intellectual Property owned or controlled by any other Person, and (B) any licenses or other similar rights provided to any
other Person in or with respect to Intellectual Property owned or controlled by the Specified Party, in each case, including (x) any software license agreements (other than license agreements for commercially available off-the-shelf software
that is generally available to the public which have been licensed to a Grantor pursuant to end-user licenses), (y) the license agreements listed on Schedule 3, and (z) the right to use any of the licenses or other similar rights
described in this definition in connection with the enforcement of the Lender Group’s rights under the Loan Documents. 

(xlii) “Intercreditor Agreement” means the Intercreditor Agreement, dated as of the Closing Date, by and among
Wells Fargo Bank, National Association, as Pari Passu Collateral Agent, Wells Fargo Bank, National Association, as Revolving Credit Agreement Agent, Wilmington Savings Fund Society, FSB, as Term Loan Agent, and acknowledged by the Borrower and its
Subsidiaries party thereto from time to time, as the same may be amended, restated, supplemented or otherwise modified from time to time. 

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

(xliv) “Investment Property” means (A) any and all investment property (as that term is defined in the
Code), and (B) any and all of the following (regardless of whether classified as investment property under the Code): all Pledged Interests, Pledged Operating Agreements, and Pledged Partnership Agreements. 

(xlv) “Joinder” means each Joinder to this Agreement executed and delivered by Agents and each of the other
parties listed on the signature pages thereto, in substantially the form of Annex 1. 
 (xlvi) “Lender
Group” has the meaning specified therefor in the Credit Agreement. 
 (xlvii) “Lender” and
“Lenders” have the respective meanings specified therefor in the recitals to this Agreement. 
 (xlviii)
“Loan Document” has the meaning specified therefor in the Credit Agreement. 
 (xlix) “Negotiable
Collateral” means letters of credit, letter-of-credit rights, instruments, promissory notes, drafts and documents (as each such term is defined in the Code). 

(l) “Obligations” has the meaning specified therefor in the Credit Agreement. 

  
 -6- 

 (li) “Patents” means patents and patent applications, including
(A) the patents and patent applications listed on Schedule 4, (B) all continuations, divisionals, continuations-in-part, re-examinations, reissues, and renewals thereof and improvements thereon, (C) all income, royalties,
damages and payments now and hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments for past, present, or future infringements thereof,
(D) the right to sue for past, present, and future infringements thereof, and (E) all of each Grantor’s rights corresponding thereto throughout the world. 

(lii) “Patent Security Agreement” means each Patent Security Agreement executed and delivered by Grantors, or
any of them, and Collateral Agent, in substantially the form of Exhibit B. 
 (liii) “Permitted
Investments” has the meaning specified therefor in the Credit Agreement. 
 (liv) “Permitted Liens”
has the meaning specified therefor in the Credit Agreement. 
 (lv) “Person” has the meaning specified
therefor in the Credit Agreement. 
 (lvi) “Pledged Companies” means each Person listed on Schedule 5
as a “Pledged Company”, together with each other Person that becomes a Subsidiary of a Grantor unless all of such Person’s Equity Interests constitute Excluded Property. 

(lvii) “Pledged Interests” means all of each Grantor’s right, title and interest in and to all of the
Equity Interests now owned or hereafter acquired by such Grantor, regardless of class or designation, including in each of the Pledged Companies, and all substitutions therefor and replacements thereof, all proceeds thereof and all rights relating
thereto, also including any certificates representing the Equity Interests, the right to receive any certificates representing any of the Equity Interests, all warrants, options, share appreciation rights and other rights, contractual or otherwise,
in respect thereof and the right to receive all dividends, distributions of income, profits, surplus, or other compensation by way of income or liquidating distributions, in cash or in kind, and all cash, instruments, and other property from time to
time received, receivable, or otherwise distributed in respect of or in addition to, in substitution of, on account of, or in exchange for any or all of the foregoing, provided, that Equity Interests that constitute Excluded Property shall
not be Pledged Interests. 
 (lviii) “Pledged Interests Addendum” means a Pledged Interests Addendum
substantially in the form of Exhibit C. 
 (lix) “Pledged Notes” has the meaning specified therefor
in Section 6(i). 
 (lx) “Pledged Operating Agreements” means all of each Grantor’s rights,
powers, and remedies under the limited liability company operating agreements of each of the Pledged Companies that are limited liability companies. 

  
 -7- 

 (lxi) “Pledged Partnership Agreements” means all of each
Grantor’s rights, powers, and remedies under the partnership agreements of each of the Pledged Companies that are partnerships. 

(lxii) “Proceeds” has the meaning specified therefor in Section 3. 

(lxiii) “PTO” means the United States Patent and Trademark Office. 

(lxiv) “Real Property” means any estates or interests in real property now owned or hereafter acquired by any
Grantor or any Subsidiary of any Grantor and the improvements thereto. 
 (lxv) “Record” means information
that is inscribed on a tangible medium or which is stored in an electronic or other medium and is retrievable in perceivable form. 

(lxvi) “Rescission” has the meaning specified therefor in Section 7(k). 

(lxvii) “Secured Obligations” means each and all of the following: (A) all of the present and future
obligations of each of the Grantors arising from, or owing under or pursuant to, this Agreement (including the Guaranty), the Credit Agreement, or any of the other Loan Documents and (B) all other Obligations of Borrower and all other
Guarantied Obligations of each Guarantor (including, in the case of each of clauses (A) and (B), reasonable attorneys fees and expenses and any interest, fees, or expenses that accrue after the filing of an Insolvency Proceeding, regardless of
whether allowed or allowable in whole or in part as a claim in any Insolvency Proceeding). 
 (lxviii) “Securities
Account” means a securities account (as that term is defined in the Code). 
 (lxix) “Security
Interest” has the meaning specified therefor in Section 3. 
 (lxx) “Supporting Obligations”
means supporting obligations (as such term is defined in the Code), and includes letters of credit and guaranties issued in support of Accounts, Chattel Paper, documents, General Intangibles, instruments or Investment Property. 

(lxxi) “Trademarks” means any and all trademarks, trade names, registered trademarks, trademark applications,
service marks, registered service marks and service mark applications, including (A) the trade names, registered trademarks, trademark applications, registered service marks and service mark applications listed on Schedule 6,
(B) all renewals thereof, (C) all income, royalties, damages and payments now and hereafter due or payable under and with respect thereto, including payments under all licenses entered into in connection therewith and damages and payments
for past or future infringements or dilutions thereof, (D) the right to sue for past, present and future infringements and dilutions thereof, (E) the goodwill of each Grantor’s business symbolized by the foregoing or connected
therewith, and (F) all of each Grantor’s rights corresponding thereto throughout the world. 

  
 -8- 

 (lxxii) “Trademark Security Agreement” means each Trademark
Security Agreement executed and delivered by Grantors, or any of them, and Collateral Agent, in substantially the form of Exhibit D. 

(lxxiii) “Triggering Event” means, as of any date of determination, that (A) an Event of Default has occurred
as of such date or (B) Excess Availability (under and as defined in the Revolving Credit Agreement referred to in the Intercreditor Agreement) is less than the greater of (i) $15,625,000 and (ii) 12.5% of the Maximum Revolver Amount (under and as
defined in the Revolving Credit Agreement) as of such date. 
 (lxxiv) “URL” means “uniform resource
locator,” an internet web address. 
 (lxxv) “VIN” has the meaning specified therefor in Section
5(h). 
 (b) Unless the context of this Agreement clearly requires otherwise, references to the plural include the singular, references
to the singular include the plural, the terms “includes” and “including” are not limiting, and the term “or” has, except where otherwise indicated, the inclusive meaning represented by the phrase
“and/or.” The words “hereof,” “herein,” “hereby,” “hereunder,” and similar terms in this Agreement refer to this Agreement as a whole and not to any particular provision of this
Agreement. Section, subsection, clause, schedule, and exhibit references herein are to this Agreement unless otherwise specified. Any reference in this Agreement to any agreement, instrument, or document shall include all alterations,
amendments, changes, extensions, modifications, renewals, replacements, substitutions, joinders, and supplements, thereto and thereof, as applicable (subject to any restrictions on such alterations, amendments, changes, extensions, modifications,
renewals, replacements, substitutions, joinders, and supplements set forth herein or in the Credit Agreement). The words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and
all tangible and intangible assets and properties. Any reference herein to the satisfaction, repayment, or payment in full of the Secured Obligations or the Guarantied Obligations shall mean (i) the payment or repayment in full in
immediately available funds of (A) the principal amount of, and interest accrued with respect to, all outstanding Loans, together with the payment of any premium applicable to the repayment of the Loans, (B) all Lender Group Expenses that
have accrued regardless of whether demand has been made therefor, (C) all fees or charges that have accrued hereunder or under any other Loan Document and are unpaid, (ii) the receipt by the Agents of cash collateral in order to secure any
other contingent Secured Obligations or Guarantied Obligations for which a claim or demand for payment has been made at such time or in respect of matters or circumstances known to an Agent or a Lender at the time that are reasonably expected to
result in any loss, cost, damage or expense (including attorneys fees and legal expenses), such cash collateral to be in such amount as Agents reasonably determine is appropriate to secure such contingent Secured Obligations or Guarantied
Obligations, (iii) the payment or repayment in full in immediately available funds of all other Secured Obligations or Guarantied Obligations (as the case may be) other than (A) unasserted contingent indemnification obligations, and (iv)
the termination of all of the Commitments of the Lenders. Any reference herein to any Person shall be construed to include such Person’s successors and assigns. Any requirement of a writing contained herein shall be satisfied by the
transmission of a Record. 

  
 -9- 

 (c) All of the schedules and exhibits attached to this Agreement shall be deemed incorporated
herein by reference. 
 2. Guaranty. 

(a) In recognition of the direct and indirect benefits to be received by Guarantors from the proceeds of the Term Loans and by virtue of the
financial accommodations to be made to Borrower, each of the Guarantors, jointly and severally, hereby unconditionally and irrevocably guarantees as a primary obligor and not merely as a surety the full and prompt payment when due, whether upon
maturity, acceleration, or otherwise, of all of the Guarantied Obligations. If any or all of the Obligations constituting Guarantied Obligations becomes due and payable, each of the Guarantors, unconditionally and irrevocably, and without the need
for demand, protest, or any other notice or formality, promises to pay such indebtedness to Administrative Agent, for the benefit of the Lender Group, together with any and all expenses (including Lender Group Expenses) that may be incurred by any
Agent or any other member of the Lender Group in demanding, enforcing, or collecting any of the Guarantied Obligations (including the enforcement of any collateral for such Guarantied Obligations or any collateral for the obligations of the
Guarantors under this Guaranty). If claim is ever made upon any Agent or any other member of the Lender Group for repayment or recovery of any amount or amounts received in payment of or on account of any or all of the Guarantied Obligations
and any Agent or any other member of the Lender Group repays all or part of said amount by reason of (i) any judgment, decree, or order of any court or administrative body having jurisdiction over such payee or any of its property, or
(ii) any settlement or compromise of any such claim effected by such payee with any such claimant (including Borrower or any Guarantor), then and in each such event, each of the Guarantors agrees that any such judgment, decree, order,
settlement, or compromise shall be binding upon the Guarantors, notwithstanding any revocation (or purported revocation) of this Guaranty or other instrument evidencing any liability of any Grantor, and the Guarantors shall be and remain liable to
the aforesaid payees hereunder for the amount so repaid or recovered to the same extent as if such amount had never originally been received by any such payee. 

(b) Additionally, each of the Guarantors unconditionally and irrevocably guarantees the payment of any and all of the Guarantied Obligations
to Administrative Agent, for the benefit of the Lender Group, whether or not due or payable by any Loan Party upon the occurrence of any of the events specified in Section 8.4 or 8.5 of the Credit Agreement, and
irrevocably and unconditionally promises to pay such indebtedness to Administrative Agent, for the benefit of the Lender Group, without the requirement of demand, protest, or any other notice or other formality, in lawful money of the United States.

 (c) The liability of each of the Guarantors hereunder is primary, absolute, and unconditional, and is independent of any security for or
other guaranty of the Guarantied Obligations, whether executed by any other Guarantor or by any other Person, and the liability of each of the Guarantors hereunder shall not be affected or impaired by (i) any payment on, or in reduction of, any
such other guaranty or undertaking, (ii) any dissolution, termination, or increase, decrease, or change in personnel by any Grantor, (iii) any payment made to Administrative Agent, any other member of the Lender Group on account of the
Obligations which Administrative Agent or such other member of the Lender Group repays to any Grantor 

  
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pursuant to court order in any bankruptcy, reorganization, arrangement, moratorium or other debtor relief proceeding (or any settlement or compromise of any claim made in such a proceeding
relating to such payment), and each of the Guarantors waives any right to the deferral or modification of its obligations hereunder by reason of any such proceeding, or (iv) any action or inaction by Administrative Agent or any other member of
the Lender Group or (v) any invalidity, irregularity, avoidability, or unenforceability of all or any part of the Obligations or of any security therefor. 

(d) This Guaranty includes all present and future Guarantied Obligations including any under transactions continuing, compromising, extending,
increasing, modifying, releasing, or renewing the Guarantied Obligations, changing the interest rate, payment terms, or other terms and conditions thereof, or creating new or additional Guarantied Obligations after prior Guarantied Obligations have
been satisfied in whole or in part. To the maximum extent permitted by law, each Guarantor hereby waives any right to revoke this Guaranty as to future Guarantied Obligations. If such a revocation is effective notwithstanding the foregoing waiver,
each Guarantor acknowledges and agrees that (i) no such revocation shall be effective until written notice thereof has been received by Administrative Agent, (ii) no such revocation shall apply to any Guarantied Obligations in existence on
the date of receipt by Administrative Agent of such written notice (including any subsequent continuation, extension, or renewal thereof, or change in the interest rate, payment terms, or other terms and conditions thereof), (iii) no such
revocation shall apply to any Guarantied Obligations made or created after such date to the extent made or created pursuant to a legally binding commitment of any member of the Lender Group in existence on the date of such revocation, (iv) no
payment by any Guarantor, Borrower, or from any other source, prior to the date of Administrative Agent’s receipt of written notice of such revocation shall reduce the maximum obligation of such Guarantor hereunder, and (v) any payment by
Borrower or from any source other than such Guarantor subsequent to the date of such revocation shall first be applied to that portion of the Guarantied Obligations as to which the revocation is effective and which are not, therefore, guarantied
hereunder, and to the extent so applied shall not reduce the maximum obligation of such Guarantor hereunder. This Guaranty shall be binding upon each Guarantor, its successors and assigns and inure to the benefit of and be enforceable by
Administrative Agent (for the benefit of the Lender Group) and its successors, transferees, or assigns. 
 (e) The guaranty by each of the
Guarantors hereunder is a guaranty of payment and not of collection. The obligations of each of the Guarantors hereunder are independent of the obligations of any other Guarantor or Grantor or any other Person and a separate action or actions may be
brought and prosecuted against one or more of the Guarantors whether or not action is brought against any other Guarantor or Grantor or any other Person and whether or not any other Guarantor or Grantor or any other Person be joined in any such
action or actions. Each of the Guarantors waives, to the fullest extent permitted by law, the benefit of any statute of limitations affecting its liability hereunder or the enforcement hereof. Any payment by any Grantor or other circumstance which
operates to toll any statute of limitations as to any Grantor shall operate to toll the statute of limitations as to each of the Guarantors. 

(f) Each of the Guarantors authorizes Administrative Agent and the other members of the Lender Group, without notice or demand, and without
affecting or impairing its liability hereunder, from time to time to: 

  
 -11- 

 (i) change the manner, place, or terms of payment of, or change or extend the time of payment
of, renew, increase, accelerate, or alter: (A) any of the Obligations (including any increase or decrease in the principal amount thereof or the rate of interest or fees thereon); or (B) any security therefor or any liability incurred
directly or indirectly in respect thereof, and this Guaranty shall apply to the Obligations as so changed, extended, renewed, or altered; 

(ii) take and hold security for the payment of the Obligations and sell, exchange, release, impair, surrender, realize upon, collect, settle,
or otherwise deal with in any manner and in any order any property at any time pledged or mortgaged to secure the Obligations or any of the Guarantied Obligations (including any of the obligations of all or any of the Guarantors under this Guaranty)
incurred directly or indirectly in respect thereof or hereof, or any offset on account thereof; 
 (iii) exercise or refrain from
exercising any rights against any Grantor; 
 (iv) release or substitute any one or more endorsers, guarantors, any Grantor, or other
obligors; 
 (v) settle or compromise any of the Obligations, any security therefor, or any liability (including any of those of any of the
Guarantors under this Guaranty) incurred directly or indirectly in respect thereof or hereof, and may subordinate the payment of all or any part thereof to the payment of any liability (whether due or not) of any Grantor to its creditors; 

(vi) apply any sums by whomever paid or however realized to any liability or liabilities of any Grantor to Administrative Agent or any other
member of the Lender Group regardless of what liability or liabilities of such Grantor remain unpaid; 
 (vii) consent to or waive any
breach of, or any act, omission, or default under, this Agreement, any other Loan Document, or any of the instruments or agreements referred to herein or therein, or otherwise amend, modify, or supplement this Agreement, any other Loan Document, or
any of such other instruments or agreements; or 
 (viii) take any other action that could, under otherwise applicable principles of law,
give rise to a legal or equitable discharge of one or more of the Guarantors from all or part of its liabilities under this Guaranty. 
 (g)
It is not necessary for Administrative Agent or any other member of the Lender Group to inquire into the capacity or powers of any of the Guarantors or the officers, directors, partners or agents acting or purporting to act on their behalf, and any
Obligations made or created in reliance upon the professed exercise of such powers shall be Guarantied hereunder. 
 (h) Each Guarantor
jointly and severally guarantees that the Guarantied Obligations will be paid strictly in accordance with the terms of the Loan Documents, regardless of any law, regulation, or order now or hereafter in effect in any jurisdiction affecting any of
such terms or the rights of any member of the Lender Group with respect thereto. The obligations of each Guarantor under this Guaranty are independent of the Guarantied Obligations, and a separate action or actions may be brought and prosecuted
against each 

  
 -12- 

 
Guarantor to enforce such obligations, irrespective of whether any action is brought against any other Guarantor or whether any other Guarantor is joined in any such action or actions. The
liability of each Guarantor under this Guaranty shall be absolute and unconditional irrespective of, and each Guarantor hereby irrevocably waives any defense it may now or hereafter have in any way relating to, any or all of the following: 

(i) any lack of validity or enforceability of any Loan Document or any agreement or instrument relating thereto; 

(ii) any change in the time, manner, or place of payment of, or in any other term of, all or any of the Guarantied Obligations, or any other
amendment or waiver of or any consent to departure from any Loan Document, including any increase in the Guarantied Obligations resulting from the extension of additional credit; 

(iii) any taking, exchange, release, or non-perfection of any Lien in and to any Collateral, or any taking, release, amendment, waiver of, or
consent to departure from any other guaranty, for all or any of the Guarantied Obligations; 
 (iv) the existence of any claim, set-off,
defense, or other right that any Guarantor may have at any time against any Person, including Administrative Agent or any other member of the Lender Group; 

(v) any defense, set-off, counterclaim, or claim, of any kind or nature, arising directly or indirectly from the present or future lack of
perfection, sufficiency, validity, or enforceability of the Guarantied Obligations or any security therefor; 
 (vi) any right or defense
arising by reason of any claim or defense based upon an election of remedies by any member of the Lender Group including any defense based upon an impairment or elimination of such Guarantor’s rights of subrogation, reimbursement, contribution,
or indemnity of such Guarantor against any other Grantor or any guarantors or sureties; 
 (vii) any change, restructuring, or termination
of the corporate, limited liability company, or partnership structure or existence of any Grantor; or 
 (viii) any other circumstance that
might otherwise constitute a defense available to, or a discharge of, any Grantor or any other guarantor or surety. 
 (i) Waivers. 

(i) Each of the Guarantors waives any right (except as shall be required by applicable statute and cannot be waived) to require
Administrative Agent or any other member of the Lender Group to (i) proceed against any other Grantor or any other Person, (ii) proceed against or exhaust any security held from any other Grantor or any other Person, or (iii) protect,
secure, perfect, or insure any security interest or Lien on any property subject thereto or exhaust any right to take any action against any other Grantor, any other Person, or any collateral, or (iv) pursue any other remedy in any member of
the Lender Group’s power whatsoever. Each of the Guarantors waives any defense based on or arising out of any defense 

  
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of any Grantor or any other Person, other than payment of the Guarantied Obligations to the extent of such payment, based on or arising out of the disability of any Grantor or any other Person,
or the validity, legality, or unenforceability of the Obligations or any part thereof from any cause, or the cessation from any cause of the liability of any Grantor other than payment of the Obligations to the extent of such payment. Each
Agent may, at the election of the Required Lenders, foreclose upon any Collateral held by any Agent by one or more judicial or nonjudicial sales or other dispositions, whether or not every aspect of any such sale is commercially reasonable or
otherwise fails to comply with applicable law or may exercise any other right or remedy any Agent or any other member of the Lender Group may have against any Grantor or any other Person, or any security, in each case, without affecting or impairing
in any way the liability of any of the Guarantors hereunder except to the extent the Guarantied Obligations have been paid. 
 (ii) Each of
the Guarantors waives all presentments, demands for performance, protests and notices, including notices of nonperformance, notices of protest, notices of dishonor, notices of acceptance of this Guaranty, and notices of the existence, creation, or
incurring of new or additional Obligations or other financial accommodations. Each of the Guarantors waives notice of any Default or Event of Default under any of the Loan Documents. Each of the Guarantors assumes all responsibility for being and
keeping itself informed of each Grantor’s financial condition and assets and of all other circumstances bearing upon the risk of nonpayment of the Obligations and the nature, scope, and extent of the risks which each of the Guarantors assumes
and incurs hereunder, and agrees that neither Administrative Agent nor any of the other members of the Lender Group shall have any duty to advise any of the Guarantors of information known to them regarding such circumstances or risks. 

(iii) To the fullest extent permitted by applicable law, each Guarantor hereby waives: (A) any right to assert against any member of the
Lender Group, any defense (legal or equitable), set-off, counterclaim, or claim which each Guarantor may now or at any time hereafter have against Borrower or any other party liable to any member of the Lender Group; (B) any defense, set-off,
counterclaim, or claim, of any kind or nature, arising directly or indirectly from the present or future lack of perfection, sufficiency, validity, or enforceability of the Guarantied Obligations or any security therefor; (C) any right or
defense arising by reason of any claim or defense based upon an election of remedies by any member of the Lender Group including any defense based upon an impairment or elimination of such Guarantor’s rights of subrogation, reimbursement,
contribution, or indemnity of such Guarantor against Borrower or other guarantors or sureties; and (D) the benefit of any statute of limitations affecting such Guarantor’s liability hereunder or the enforcement thereof, and any act which
shall defer or delay the operation of any statute of limitations applicable to the Guarantied Obligations shall similarly operate to defer or delay the operation of such statute of limitations applicable to such Guarantor’s liability hereunder.

 (iv) No Guarantor will exercise any rights that it may now or hereafter acquire against any Grantor or any other guarantor that arise
from the existence, payment, performance or enforcement of such Guarantor’s obligations under this Guaranty, including any right of subrogation, reimbursement, exoneration, contribution or indemnification and any right to participate in any
claim or remedy of Administrative Agent or any other member of the Lender Group against any Grantor or any other guarantor or any Collateral, whether or not such 

  
 -14- 

 
claim, remedy or right arises in equity or under contract, statute or common law, including the right to take or receive from any Grantor or any other guarantor, directly or indirectly, in cash
or other property or by set-off or in any other manner, payment or security solely on account of such claim, remedy or right, unless and until all of the Guarantied Obligations and all other amounts payable under this Guaranty shall have been paid
in full in cash and all of the Commitments have been terminated. If any amount shall be paid to any Guarantor in violation of the immediately preceding sentence, such amount shall be held in trust for the benefit of Administrative Agent, for
the benefit of the Lender Group, and shall forthwith be paid to Administrative Agent to be credited and applied to the Guarantied Obligations and all other amounts payable under this Guaranty, whether matured or unmatured, in accordance with the
terms of the Credit Agreement, or to be held as Collateral for any Guarantied Obligations or other amounts payable under this Guaranty thereafter arising. Notwithstanding anything to the contrary contained in this Guaranty, no Guarantor may
exercise any rights of subrogation, contribution, indemnity, reimbursement or other similar rights against, and may not proceed or seek recourse against or with respect to any property or asset of, any other Grantor (the “Foreclosed
Grantor”), including after payment in full of the Obligations, if all or any portion of the Obligations have been satisfied in connection with an exercise of remedies in respect of the Equity Interests of such Foreclosed Grantor whether
pursuant to this Agreement or otherwise. 
 (v) Each of the Guarantors hereby acknowledges and affirms that it understands that to the
extent the Guarantied Obligations are secured by Real Property located in California, Guarantors shall be liable for the full amount of the liability hereunder notwithstanding the foreclosure on such Real Property by trustee sale or any other reason
impairing such Guarantor’s right to proceed against any Loan Party. In accordance with Section 2856 of the California Code of Civil Procedure or any similar laws of any other applicable jurisdiction, each of the Guarantors hereby waives
until such time as the Guarantied Obligations have been paid in full: 
 (1) all rights of subrogation, reimbursement, indemnification, and
contribution and any other rights and defenses that are or may become available to the Guarantors by reason of Sections 2787 to 2855, inclusive, 2899, and 3433 of the California Code of Civil Procedure or any similar laws of any other
applicable jurisdiction; 
 (2) all rights and defenses that the Guarantors may have because the Guarantied Obligations are secured by Real
Property located in California, meaning, among other things, that: (A) Administrative Agent and the other members of the Lender Group may collect from the Guarantors without first foreclosing on any real or personal property collateral pledged
by Borrower or any other Grantor, and (B) if Administrative Agent, on behalf of the Lender Group, forecloses on any Real Property collateral pledged by Borrower or any other Grantor, (1) the amount of the Guarantied Obligations may be
reduced only by the price for which that collateral is sold at the foreclosure sale, even if the collateral is worth more than the sale price, and (2) the Lender Group may collect from the Guarantors even if, by foreclosing on the Real Property
collateral, Administrative Agent or the other members of the Lender Group have destroyed or impaired any right the Guarantors may have to collect from any other Grantor, it being understood that this is an unconditional and irrevocable waiver of any
rights and defenses the Guarantors may have because the Guarantied Obligations are secured by Real Property (including, without limitation, any rights or defenses based upon Sections 580a, 580d, 

  
 -15- 

 
or 726 of the California Code of Civil Procedure or any similar laws of any other applicable jurisdiction); and 

(3) all rights and defenses arising out of an election of remedies by Administrative Agent and the other members of the Lender Group, even
though that election of remedies, such as a nonjudicial foreclosure with respect to security for the Guarantied Obligations, has destroyed Guarantors’ rights of subrogation and reimbursement against any Grantor by the operation of Section 580d
of the California Code of Civil Procedure or any similar laws of any other applicable jurisdiction or otherwise. 
 (vi) Each of the
Guarantors represents, warrants, and agrees that each of the waivers set forth above is made with full knowledge of its significance and consequences and that if any of such waivers are determined to be contrary to any applicable law or public
policy, such waivers shall be effective to the maximum extent permitted by law. 
 (vii) The provisions in this
Section 2 which refer to certain sections of the California Civil Code are included in this Guaranty solely out of an abundance of caution and shall not be construed to mean that any of the above-referenced provisions of
California law are in any way applicable to this Guaranty. 
 3. Grant of Security. Each Grantor hereby unconditionally grants,
assigns, and pledges to Collateral Agent, for the benefit of each member of the Lender Group, to secure the Secured Obligations, a continuing security interest (hereinafter referred to as the “Security Interest”) in all of such
Grantor’s right, title, and interest in and to the following, whether now owned or hereafter acquired or arising and wherever located (the “Collateral”): 

(a) all of such Grantor’s Accounts; 

(b) all of such Grantor’s Books; 

(c) all of such Grantor’s Chattel Paper; 

(d) all of such Grantor’s Commercial Tort Claims; 

(e) all of such Grantor’s Deposit Accounts; 

(f) all of such Grantor’s Equipment; 

(g) all of such Grantor’s Farm Products; 

(h) all of such Grantor’s Fixtures; 

(i) all of such Grantor’s General Intangibles; 

(j) all of such Grantor’s Inventory; 

(k) all of such Grantor’s Investment Property; 

  
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 (l) all of such Grantor’s Intellectual Property and Intellectual Property Licenses; 

(m) all of such Grantor’s Negotiable Collateral (including all of such Grantor’s Pledged Notes); 

(n) all of such Grantor’s Pledged Interests (including all of such Grantor’s Pledged Operating Agreements and Pledged Partnership
Agreements); 
 (o) all of such Grantor’s Securities Accounts; 

(p) all of such Grantor’s Supporting Obligations; 

(q) all of such Grantor’s money, Cash Equivalents, or other assets of such Grantor that now or hereafter come into the possession,
custody, or control of Collateral Agent (or its agent or designee) or any other member of the Lender Group; and 
 (r) all of the proceeds
(as such term is defined in the Code) and products, whether tangible or intangible, of any of the foregoing, including proceeds of insurance or Commercial Tort Claims covering or relating to any or all of the foregoing, and any and all Accounts,
Books, Chattel Paper, Deposit Accounts, Equipment, Fixtures, General Intangibles, Inventory, Investment Property, Intellectual Property, Negotiable Collateral, Pledged Interests, Securities Accounts, Supporting Obligations, money, or other tangible
or intangible property resulting from the sale, lease, license, exchange, collection, or other disposition of any of the foregoing, the proceeds of any award in condemnation with respect to any of the foregoing, any rebates or refunds, whether for
taxes or otherwise, and all proceeds of any such proceeds, or any portion thereof or interest therein, and the proceeds thereof, and all proceeds of any loss of, damage to, or destruction of the above, whether insured or not insured, and, to the
extent not otherwise included, any indemnity, warranty, or guaranty payable by reason of loss or damage to, or otherwise with respect to any of the foregoing (the “Proceeds”). Without limiting the generality of the foregoing,
the term “Proceeds” includes whatever is receivable or received when Investment Property or proceeds are sold, exchanged, collected, or otherwise disposed of, whether such disposition is voluntary or involuntary, and includes proceeds of
any indemnity or guaranty payable to any Grantor or any Agent from time to time with respect to any of the Investment Property. 

Notwithstanding anything contained in this Agreement to the contrary, the term “Collateral” shall not include the following property
(the “Excluded Property”): (i) voting Equity Interests of any CFC, solely to the extent that (y) such Equity Interests represent more than 65% of the outstanding voting Equity Interests of such CFC, and
(z) pledging or hypothecating more than 65% of the total outstanding voting Equity Interests of such CFC would result in adverse tax consequences or the costs to the Grantors of providing such pledge are unreasonably excessive (as determined by
Collateral Agent in consultation with Borrower) in relation to the benefits to Collateral Agent and the other members of the Lender Group of the security afforded thereby (which pledge, if reasonably requested by Collateral Agent, shall be governed
by the laws of the jurisdiction of such Subsidiary); or (ii) any rights or interest in any contract, lease, permit, license, or license agreement covering real or personal property of any Grantor if under the terms

  
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of such contract, lease, permit, license, or license agreement, or applicable law with respect thereto, the grant of a security interest or lien therein is prohibited as a matter of law or under
the terms of such contract, lease, permit, license, or license agreement and such prohibition or restriction has not been waived or the consent of the other party to such contract, lease, permit, license, or license agreement has not been obtained
(provided, that, (A) the foregoing exclusions of this clause (ii) shall in no way be construed (1) to apply to the extent that any described prohibition or restriction is ineffective under Section 9-406, 9-407, 9-408, or 9-409 of the Code
or other applicable law, or (2) to apply to the extent that any consent or waiver has been obtained that would permit Collateral Agent’s security interest or lien to attach notwithstanding the prohibition or restriction on the pledge of
such contract, lease, permit, license, or license agreement and (B) the foregoing exclusions of clauses (i) and (ii) shall in no way be construed to limit, impair, or otherwise affect any of Collateral Agent’s or any other member of the
Lender Group’s continuing security interests in and liens upon any rights or interests of any Grantor in or to (1) monies due or to become due under or in connection with any described contract, lease, permit, license, license agreement,
or Equity Interests (including any Accounts or Equity Interests), or (2) any proceeds from the sale, license, lease, or other dispositions of any such contract, lease, permit, license, license agreement, or Equity Interests); or (iii) any
United States intent-to-use trademark applications to the extent that, and solely during the period in which, the grant of a security interest therein would impair the validity or enforceability of such intent-to-use trademark applications under
applicable federal law, provided that upon submission and acceptance by the PTO of an amendment to allege use pursuant to 15 U.S.C. Section 1060(a) (or any successor provision), such intent-to-use trademark application shall be considered
Collateral. 
 4. Security for Secured Obligations. The Security Interest created hereby secures the payment and performance of
the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Agreement secures the payment of all amounts which constitute part of the Secured Obligations and would be owed by
Grantors, or any of them, to Collateral Agent, the Lender Group or any of them, but for the fact that they are unenforceable or not allowable (in whole or in part) as a claim in an Insolvency Proceeding involving any Grantor due to the existence of
such Insolvency Proceeding. 
 5. Grantors Remain Liable. Anything herein to the contrary notwithstanding, (a) each of the
Grantors shall remain liable under the contracts and agreements included in the Collateral, including the Pledged Operating Agreements and the Pledged Partnership Agreements, to perform all of the duties and obligations thereunder to the same extent
as if this Agreement had not been executed, (b) the exercise by Collateral Agent or any other member of the Lender Group of any of the rights hereunder shall not release any Grantor from any of its duties or obligations under such contracts and
agreements included in the Collateral, and (c) none of the members of the Lender Group shall have any obligation or liability under such contracts and agreements included in the Collateral by reason of this Agreement, nor shall any of the
members of the Lender Group be obligated to perform any of the obligations or duties of any Grantors thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. Until an Event of Default shall occur and be
continuing, except as otherwise provided in this Agreement, the Credit Agreement, or any other Loan Document, Grantors shall have the right to possession and enjoyment of the Collateral for the purpose of conducting the ordinary course of their
respective businesses, subject to and upon the terms hereof and of the Credit Agreement and the other Loan Documents. Without limiting the generality of the 

  
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foregoing, it is the intention of the parties hereto that record and beneficial ownership of the Pledged Interests, including all voting, consensual, dividend, and distribution rights, shall
remain in the applicable Grantor until (i) the occurrence and continuance of an Event of Default and (ii) Collateral Agent has notified the applicable Grantor of Collateral Agent’s election to exercise such rights with respect to the
Pledged Interests pursuant to Section 16. 
 6. Representations and Warranties. In order to induce Agents to enter into
this Agreement for the benefit of the Lender Group, each Grantor makes the following representations and warranties to the Lender Group which shall be true, correct, and complete, in all material respects (except that such materiality qualifier
shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof), as of the Closing Date, and such representations and warranties shall survive the execution and delivery of
this Agreement: 
 (a) The name (within the meaning of Section 9-503 of the Code) and jurisdiction of organization of each Grantor and each
of its Subsidiaries is set forth on Schedule 7 (as such Schedule may be updated from time to time to reflect changes resulting from transactions permitted under the Loan Documents). 

(b) The chief executive office of each Grantor and each of its Subsidiaries is located at the address indicated on Schedule 7 (as such
Schedule may be updated from time to time to reflect changes resulting from transactions permitted under the Loan Documents). 
 (c) Each
Grantor’s and each of its Subsidiaries’ tax identification numbers and organizational identification numbers, if any, are identified on Schedule 7 (as such Schedule may be updated from time to time to reflect changes resulting from
transactions permitted under the Loan Documents). 
 (d) As of the Closing Date, no Grantor and no Subsidiary of a Grantor holds any
commercial tort claims that exceed $250,000 in amount, except as set forth on Schedule 1. 
 (e) Set forth on Schedule 9 (as
such Schedule may be updated from time to time subject to Section 7(k)(iii) with respect to Controlled Accounts and provided that Grantors comply with Section 7(c) hereof) is a listing of all of Grantors’ and their
Subsidiaries’ Deposit Accounts and Securities Accounts, including, with respect to each bank or securities intermediary (a) the name and address of such Person, and (b) the account numbers of the Deposit Accounts or Securities
Accounts maintained with such Person. 
 (f) Schedule 8 sets forth all Real Property owned in fee by any of the Grantors as of the
Closing Date. 
 (g) As of the Closing Date: (i) Schedule 2 provides a complete and correct list of all registered Copyrights
owned by any Grantor, all applications for registration of Copyrights owned by any Grantor, and all other Copyrights owned by any Grantor and material to the conduct of the business of any Grantor; (ii) Schedule 3 provides a complete and
correct list of all Intellectual Property Licenses entered into by any Grantor pursuant to which (A) any Grantor has provided any license or other rights in Intellectual Property owned or controlled by such Grantor to any other Person (other
than non-exclusive software licenses granted in the 

  
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ordinary course of business) or (B) any Person has granted to any Grantor any license or other rights in Intellectual Property owned or controlled by such Person, in each case, that is
material to the business of such Grantor, including any Intellectual Property that is incorporated in any Inventory, software, or other product marketed, sold, licensed, or distributed by such Grantor; (iii) Schedule 4 provides a
complete and correct list of all Patents owned by any Grantor and all applications for Patents owned by any Grantor; and (iv) Schedule 6 provides a complete and correct list of all registered Trademarks owned by any Grantor, all
applications for registration of Trademarks owned by any Grantor, and all other Trademarks owned by any Grantor and material to the conduct of the business of any Grantor. 

(h) (i) (A) each Grantor owns exclusively or holds licenses in all Intellectual Property that is necessary in or material to the
conduct of its business, and (B) all employees and contractors of each Grantor who were involved in the creation or development of any Intellectual Property for such Grantor that is necessary in or material to the business of such Grantor have
signed agreements containing assignment of Intellectual Property rights to such Grantor and obligations of confidentiality; 
 (i) to each
Grantor’s knowledge, no Person has infringed or misappropriated or is currently infringing or misappropriating any Intellectual Property rights owned by such Grantor, in each case, that either individually or in the aggregate could reasonably
be expected to result in a Material Adverse Effect; 
 (ii) (A) to each Grantor’s knowledge, (1) such Grantor has never
infringed or misappropriated and is not currently infringing or misappropriating any Intellectual Property rights of any Person, and (2) no product manufactured, used, distributed, licensed, or sold by or service provided by such Grantor has
ever infringed or misappropriated or is currently infringing or misappropriating any Intellectual Property rights of any Person, in each case, except where such infringement either individually or in the aggregate could not reasonably be expected to
result in a Material Adverse Effect, and (B) there are no infringement or misappropriation claims or proceedings pending, or to any Grantor’s knowledge, threatened in writing against any Grantor, and no Grantor has received any written
notice or other communication of any actual or alleged infringement or misappropriation of any Intellectual Property rights of any Person, in each case, except where such infringement either individually or in the aggregate could not reasonably be
expected to result in a Material Adverse Effect; 
 (iii) to each Grantor’s knowledge, all registered Copyrights, registered
Trademarks, and issued Patents that are owned by such Grantor and necessary in or material to the conduct of its business are valid, subsisting and enforceable and in compliance with all legal requirements, filings, and payments and other actions
that are required to maintain such Intellectual Property in full force and effect, and 
 (iv) each Grantor has taken reasonable steps to
maintain the confidentiality of and otherwise protect and enforce its rights in all trade secrets owned by such Grantor that are necessary in or material to the conduct of the business of such Grantor. 

(i) This Agreement creates a valid security interest in the Collateral of each Grantor, to the extent a security interest therein can be
created under the Code, securing the 

  
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payment of the Secured Obligations. Except to the extent a security interest in the Collateral cannot be perfected by the filing of a financing statement under the Code, all filings and
other actions necessary or desirable to perfect and protect such security interest have been duly taken or will have been taken upon the filing of financing statements listing each applicable Grantor, as a debtor, and Collateral Agent, as secured
party, in the jurisdictions listed next to such Grantor’s name on Schedule 11. Upon the making of such filings, Collateral Agent shall have a first priority (subject to the Intercreditor Agreement) perfected security interest
in the Collateral of each Grantor to the extent such security interest can be perfected by the filing of a financing statement. Upon filing of any Copyright Security Agreement with the United States Copyright Office, filing of any Patent
Security Agreement and any Trademark Security Agreement with the PTO, and the filing of appropriate financing statements in the jurisdictions listed on Schedule 11, all action necessary or desirable to protect and perfect the Security
Interest in and on each Grantor’s Patents, Trademarks, or Copyrights has been taken and such perfected Security Interest is enforceable as such as against any and all creditors of and purchasers from any Grantor. All action by any Grantor
necessary to protect and perfect such security interest on each item of Collateral has been duly taken. 
 (j) (i) Except for the
Security Interest created hereby, each Grantor is and will at all times be the sole holder of record and the legal and beneficial owner, free and clear of all Liens other than Permitted Liens, of the Pledged Interests indicated on
Schedule 5 as being owned by such Grantor and, when acquired by such Grantor, any Pledged Interests acquired after the Closing Date; (ii) all of the Pledged Interests are duly authorized, validly issued, fully paid and nonassessable
and the Pledged Interests constitute or will constitute the percentage of the issued and outstanding Equity Interests of the Pledged Companies of such Grantor identified on Schedule 5 as supplemented or modified by any Pledged Interests
Addendum or any Joinder to this Agreement; (iii) such Grantor has the right and requisite authority to pledge, the Investment Property pledged by such Grantor to Collateral Agent as provided herein; (iv) all actions necessary or desirable
to perfect and establish the first priority (subject to the Intercreditor Agreement) of, or otherwise protect, Collateral Agent’s Liens in the Investment Property, and the proceeds thereof, have been duly taken, upon (A) the execution and
delivery of this Agreement; (B) the taking of possession by Collateral Agent (or its agent or designee) of any certificates representing the Pledged Interests, together with undated powers (or other documents of transfer acceptable to
Collateral Agent) endorsed in blank by the applicable Grantor; (C) the filing of financing statements in the applicable jurisdiction set forth on Schedule 11 for such Grantor with respect to the Pledged Interests of such Grantor
that are not represented by certificates, and (D) with respect to any Securities Accounts, the delivery of Control Agreements with respect thereto; and (v) each Grantor has delivered to and deposited with Collateral Agent all certificates
representing the Pledged Interests owned by such Grantor to the extent such Pledged Interests are represented by certificates, and undated powers (or other documents of transfer acceptable to Collateral Agent) endorsed in blank with respect to such
certificates. None of the Pledged Interests owned or held by such Grantor has been issued or transferred in violation of any securities registration, securities disclosure, or similar laws of any jurisdiction to which such issuance or transfer may
be subject. 
 (k) No consent, approval, authorization, or other order or other action by, and no notice to or filing with, any Governmental
Authority or any other Person is required (i) for the grant of a Security Interest by such Grantor in and to the Collateral pursuant to this Agreement or 

  
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for the execution, delivery, or performance of this Agreement by such Grantor, or (ii) for the exercise by Collateral Agent of the voting or other rights provided for in this Agreement with
respect to the Investment Property or the remedies in respect of the Collateral pursuant to this Agreement, except as may be required in connection with such disposition of Investment Property by laws affecting the offering and sale of securities
generally and except for consents, approvals, authorizations, or other orders or actions that have been obtained or given (as applicable) and that are still in force. No Intellectual Property License of any Grantor that is necessary in or
material to the conduct of such Grantor’s business requires any consent of any other Person that has not been obtained in order for such Grantor to grant the security interest granted hereunder in such Grantor’s right, title or interest in
or to such Intellectual Property License. 
 (l) Schedule 12 sets forth all Certificated Equipment owned by Grantors as of the
Closing Date, by model, model year, and vehicle identification number (“VIN”). 
 (m) There is no default, breach,
violation, or event of acceleration existing under any promissory note (as defined in the Code) constituting Collateral and pledged hereunder (each a “Pledged Note”) and no event has occurred or circumstance exists which, with the
passage of time or the giving of notice, or both, would constitute a default, breach, violation, or event of acceleration under any Pledged Note. No Grantor that is an obligee under a Pledged Note has waived any default, breach, violation, or
event of acceleration under such Pledged Note. 
 (n) As to all limited liability company or partnership interests, issued under any Pledged
Operating Agreement or Pledged Partnership Agreement, each Grantor hereby represents and warrants that the Pledged Interests issued pursuant to such agreement (A) are not dealt in or traded on securities exchanges or in securities markets,
(B) do not constitute investment company securities, and (C) are not held by such Grantor in a Securities Account. In addition, none of the Pledged Operating Agreements, the Pledged Partnership Agreements, or any other agreements
governing any of the Pledged Interests issued under any Pledged Operating Agreement or Pledged Partnership Agreement, provide that such Pledged Interests are securities governed by Article 8 of the Uniform Commercial Code as in effect in any
relevant jurisdiction. 
 7. Covenants. Each Grantor, jointly and severally, covenants and agrees with each Agent that from and
after the date of this Agreement and until the date of termination of this Agreement in accordance with Section 23: 
 (a)
Possession of Collateral. In the event that any Collateral, including Proceeds, is evidenced by or consists of Negotiable Collateral, Investment Property, or Chattel Paper having an aggregate value or face amount of $500,000 or more for
all such Negotiable Collateral, Investment Property, or Chattel Paper, the Grantors shall promptly (and in any event within five (5) Business Days after acquisition thereof), notify Collateral Agent thereof, and if and to the extent that perfection
or priority of Collateral Agent’s Security Interest is dependent on or enhanced by possession by Collateral Agent (or its bailee acting on its behalf), the applicable Grantor, promptly (and in any event within five (5) Business Days) after
request by Collateral Agent (or its bailee acting on its behalf), shall execute such other documents and instruments as shall be requested by Collateral Agent (or its bailee acting on its behalf) or, if applicable, endorse

  
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and deliver physical possession of such Negotiable Collateral, Investment Property, or Chattel Paper to Collateral Agent (or its bailee acting on its behalf), together with such undated powers
(or other relevant document of transfer acceptable to Collateral Agent (or its bailee acting on its behalf)) endorsed in blank as shall be requested by Collateral Agent (or its bailee acting on its behalf), and shall do such other acts or things
deemed necessary or desirable by Collateral Agent to protect Collateral Agent’s Security Interest therein; 
 (b) Chattel Paper.

 (i) Promptly (and in any event within five (5) Business Days) after request by Collateral Agent, each Grantor shall take all steps
reasonably necessary to grant Collateral Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section
201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $500,000; 

(ii) If any Grantor retains possession of any Chattel Paper or instruments (which retention of possession shall be subject to the extent
permitted hereby and by the Credit Agreement), promptly upon the request of Collateral Agent, such Chattel Paper and instruments shall be marked with the following legend: “This writing and the obligations evidenced or secured hereby are
subject to the Security Interest of Wells Fargo Bank, National Association, as Collateral Agent for the benefit of the Lender Group”; 

(c) Control Agreements. 

(i) Except to the extent otherwise excused by Section 7(k)(iv), each Grantor shall obtain an authenticated Control Agreement (which
may include a Controlled Account Agreement), from each bank maintaining a Deposit Account or Securities Account for such Grantor; 
 (ii)
Except to the extent otherwise excused by Section 7(k)(iv), each Grantor shall obtain an authenticated Control Agreement, from each issuer of uncertificated securities, securities intermediary, or commodities intermediary issuing or holding
any financial assets or commodities to or for any Grantor, or maintaining a Securities Account for such Grantor; and 
 (iii) Except to the
extent otherwise excused by Section 7(k)(iv), each Grantor shall obtain an authenticated Control Agreement with respect to all of such Grantor’s investment property; 

(d) Letter-of-Credit Rights. If the Grantors (or any of them) are or become the beneficiary of letters of credit having a face
amount or value of $500,000 or more in the aggregate, then the applicable Grantor or Grantors shall promptly (and in any event within five (5) Business Days after becoming a beneficiary), notify Collateral Agent thereof and, promptly (and in
any event within five (5) Business Days) after request by Collateral Agent (or its bailee acting on its behalf), enter into a tri-party agreement with Collateral Agent (or its bailee acting on its behalf) and the issuer or confirming bank with
respect to letter-of-credit rights assigning 

  
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such letter-of-credit rights to Collateral Agent (or its bailee acting on its behalf) and directing all payments thereunder to Collateral Agent’s account (or the account of its bailee acting
on its behalf), all in form and substance reasonably satisfactory to Collateral Agent; 
 (e) Commercial Tort Claims. If the
Grantors (or any of them) obtain Commercial Tort Claims having a value, or involving an asserted claim, in the amount of $500,000 or more in the aggregate for all Commercial Tort Claims, then the applicable Grantor or Grantors shall promptly
(and in any event within five (5) Business Days of obtaining such Commercial Tort Claim), notify Collateral Agent upon incurring or otherwise obtaining such Commercial Tort Claims and, promptly (and in any event within five (5) Business Days) after
request by Collateral Agent, amend Schedule 1 to describe such Commercial Tort Claims in a manner that reasonably identifies such Commercial Tort Claims and which is otherwise reasonably satisfactory to Collateral Agent, and hereby authorizes
the filing of additional financing statements or amendments to existing financing statements describing such Commercial Tort Claims, and agrees to do such other acts or things deemed necessary or desirable by Collateral Agent to give Collateral
Agent a first priority (subject to the Intercreditor Agreement), perfected security interest in any such Commercial Tort Claim; 
 (f)
Government Contracts. Other than Accounts and Chattel Paper the value of which does not at any one time exceed $1,000,000, if any Account or Chattel Paper arises out of a contract or contracts with the United States of America or any
department, agency, or instrumentality thereof, Grantors shall promptly (and in any event within five (5) Business Days of the creation thereof) notify Collateral Agent thereof and, promptly (and in any event within five (5) Business Days) after
request by Collateral Agent, execute any instruments or take any steps reasonably required by Collateral Agent in order that all moneys due or to become due under such contract or contracts shall be assigned to Collateral Agent, for the benefit of
the Lender Group, and shall provide written notice thereof under the Assignment of Claims Act or other applicable law; 
 (g)
Intellectual Property. 
 (i) Upon the request of Collateral Agent, in order to facilitate filings with the PTO and the United
States Copyright Office, each Grantor shall execute and deliver to Collateral Agent one or more Copyright Security Agreements, Trademark Security Agreements, or Patent Security Agreements to further evidence Collateral Agent’s Lien on such
Grantor’s Patents, Trademarks, or Copyrights, and the General Intangibles of such Grantor relating thereto or represented thereby; 

(ii) Each Grantor shall have the duty, with respect to Intellectual Property that is necessary in or material to the conduct of such
Grantor’s business, to protect and diligently enforce and defend at such Grantor’s expense its Intellectual Property, including (A) to diligently enforce and defend, including promptly suing for infringement, misappropriation, or
dilution and to recover any and all damages for such infringement, misappropriation, or dilution, and filing for opposition, interference, and cancellation against conflicting Intellectual Property rights of any Person, (B) to prosecute
diligently any trademark application or service mark application that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, (C) to prosecute diligently any patent application that is part
of 

  
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the Patents pending as of the date hereof or hereafter until the termination of this Agreement, (D) to take all reasonable and necessary action to preserve and maintain all of such
Grantor’s Trademarks, Patents, Copyrights, Intellectual Property Licenses, and its rights therein, including paying all maintenance fees and filing of applications for renewal, affidavits of use, and affidavits of noncontestability, and
(E) to require all employees, consultants, and contractors of each Grantor who were involved in the creation or development of such Intellectual Property to sign agreements containing assignment of Intellectual Property rights and obligations
of confidentiality. Each Grantor further agrees not to abandon any Intellectual Property or Intellectual Property License that is necessary in or material to the conduct of such Grantor’s business. Each Grantor hereby agrees to take
the steps described in this Section 7(g)(ii) with respect to all new or acquired Intellectual Property to which it or any of its Subsidiaries is now or later becomes entitled that is necessary in or material to the conduct of such
Grantor’s business; 
 (iii) Grantors acknowledge and agree that the Lender Group shall have no duties with respect to any
Intellectual Property or Intellectual Property Licenses of any Grantor. Without limiting the generality of this Section 7(g)(iii), Grantors acknowledge and agree that no member of the Lender Group shall be under any obligation to take any
steps necessary to preserve rights in the Collateral consisting of Intellectual Property or Intellectual Property Licenses against any other Person, but any member of the Lender Group may do so at its option from and after the occurrence and during
the continuance of an Event of Default, and all expenses incurred in connection therewith (including reasonable fees and expenses of attorneys and other professionals) shall be for the sole account of Borrower and shall be chargeable to the Loan
Account; 
 (iv) On each date on which a Compliance Certificate is to be delivered pursuant to Section 5.1 of the Credit Agreement
in respect of a fiscal quarter (or, if an Event of Default has occurred and is continuing, more frequently if requested by Collateral Agent), each Grantor shall provide Collateral Agent with a written report of all new Patents, Trademarks or
Copyrights that are registered or the subject of pending applications for registrations, and of all Intellectual Property Licenses that are material to the conduct of such Grantor’s business, in each case, which were acquired, registered, or
for which applications for registration were filed by any Grantor during the prior period and any statement of use or amendment to allege use with respect to intent-to-use trademark applications. In the case of such registrations or
applications therefor, which were acquired by any Grantor, each such Grantor shall file the necessary documents with the appropriate Governmental Authority identifying the applicable Grantor as the owner (or as a co-owner thereof, if such is the
case) of such Intellectual Property. In each of the foregoing cases, the applicable Grantor shall promptly cause to be prepared, executed, and delivered to Collateral Agent supplemental schedules to the applicable Loan Documents to identify
such Patent, Trademark and Copyright registrations and applications therefor (with the exception of Trademark applications filed on an intent-to-use basis for which no statement of use or amendment to allege use has been filed) and Intellectual
Property Licenses as being subject to the security interests created thereunder; 
 (v) Anything to the contrary in this Agreement
notwithstanding, in no event shall any Grantor, either itself or through any agent, employee, licensee, or designee, file an application for the registration of any Copyright with the United States Copyright Office or any similar office or agency in
another country without giving Collateral Agent written notice 

  
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thereof at least five (5) Business Days prior to such filing and complying with Section 7(g)(i). Upon receipt from the United States Copyright Office of notice of registration of any
Copyright, each Grantor shall promptly (but in no event later than five (5) Business Days following such receipt) notify (but without duplication of any notice required by Section 7(g)(iv)) Collateral Agent of such registration by delivering,
or causing to be delivered, to Collateral Agent, documentation sufficient for Collateral Agent to perfect Collateral Agent’s Liens on such Copyright. If any Grantor acquires from any Person any Copyright registered with the United States
Copyright Office or an application to register any Copyright with the United States Copyright Office, such Grantor shall promptly (but in no event later than five (5) Business Days following such acquisition) notify Collateral Agent of such
acquisition and deliver, or cause to be delivered, to Collateral Agent, documentation sufficient for Collateral Agent to perfect Collateral Agent’s Liens on such Copyright. In the case of such Copyright registrations or applications
therefor which were acquired by any Grantor, each such Grantor shall promptly (but in no event later than five (5) Business Days following such acquisition) file the necessary documents with the appropriate Governmental Authority identifying the
applicable Grantor as the owner (or as a co-owner thereof, if such is the case) of such Copyrights; 
 (vi) Each Grantor shall take
reasonable steps to maintain the confidentiality of, and otherwise protect and enforce its rights in, the Intellectual Property that is necessary in or material to the conduct of such Grantor’s business, including, as applicable
(A) protecting the secrecy and confidentiality of its confidential information and trade secrets by having and enforcing a policy requiring all current employees, consultants, licensees, vendors and contractors with access to such information
to execute appropriate confidentiality agreements; (B) taking actions reasonably necessary to ensure that no trade secret falls into the public domain; and (C) protecting the secrecy and confidentiality of the source code of all software
programs and applications of which it is the owner or licensee by having and enforcing a policy requiring any licensees (or sublicensees) of such source code to enter into license agreements with commercially reasonable use and non-disclosure
restrictions; and 
 (vii) No Grantor shall enter into any Intellectual Property License material to the conduct of the business to receive
any license or rights in any Intellectual Property of any other Person unless such Grantor has used commercially reasonable efforts to permit the assignment of or grant of a security interest in such Intellectual Property License (and all rights of
Grantor thereunder) to Collateral Agent (and any transferees of Collateral Agent). 
 (h) Investment Property. 

(i) If any Grantor shall acquire, obtain, receive or become entitled to receive any Pledged Interests after the Closing Date, it shall
promptly (and in any event within ten (10) Business Days of acquiring or obtaining such Collateral) deliver to Collateral Agent a duly executed Pledged Interests Addendum identifying such Pledged Interests; 

(ii) Upon the occurrence and during the continuance of an Event of Default, following the request of Collateral Agent, all sums of money and
property paid or distributed in respect of the Investment Property that are received by any Grantor shall be held by the Grantors in trust for the benefit of Collateral Agent segregated from such Grantor’s other

  
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property, and such Grantor shall deliver it forthwith to Collateral Agent in the exact form received; 

(iii) Each Grantor shall promptly deliver to Collateral Agent a copy of each material notice or other material communication received by it
in respect of any Pledged Interests; 
 (iv) No Grantor shall make or consent to any amendment or other modification or waiver with respect
to any Pledged Interests, Pledged Operating Agreement, or Pledged Partnership Agreement, or enter into any agreement or permit to exist any restriction with respect to any Pledged Interests if the same is prohibited pursuant to the Loan Documents;

 (v) Each Grantor agrees that it will cooperate with Collateral Agent in obtaining all necessary approvals and making all necessary
filings under federal, state, local, or foreign law to effect the perfection of the Security Interest on the Investment Property or to effect any sale or transfer thereof; 

(vi) As to all limited liability company or partnership interests, issued under any Pledged Operating Agreement or Pledged Partnership
Agreement, each Grantor hereby covenants that the Pledged Interests issued pursuant to such agreement (A) are not and shall not be dealt in or traded on securities exchanges or in securities markets, (B) do not and will not constitute investment
company securities, and (C) are not and will not be held by such Grantor in a securities account. In addition, none of the Pledged Operating Agreements, the Pledged Partnership Agreements, or any other agreements governing any of the Pledged
Interests issued under any Pledged Operating Agreement or Pledged Partnership Agreement, provide or shall provide that such Pledged Interests are securities governed by Article 8 of the Uniform Commercial Code as in effect in any relevant
jurisdiction. 
 (i) Real Property; Fixtures. Each Grantor covenants and agrees that upon the acquisition of any fee interest in
Real Property having a fair market value in excess of $2,500,000 it will promptly (and in any event within ten (10) Business Days of acquisition) notify Collateral Agent of the acquisition of such Real Property and will grant to Collateral Agent,
for the benefit of the Lender Group, a first priority (subject to the Intercreditor Agreement) Mortgage on each fee interest in Real Property now or hereafter owned by such Grantor and shall deliver such other documentation and opinions, in form and
substance satisfactory to Collateral Agent, in connection with the grant of such Mortgage as Collateral Agent shall request in its reasonable discretion, including title insurance policies, financing statements, fixture filings and environmental
audits and such Grantor shall pay all recording costs, intangible taxes and other fees and costs (including reasonable attorneys fees and expenses) incurred in connection therewith. Each Grantor acknowledges and agrees that, to the extent
permitted by applicable law, all of the Collateral shall remain personal property regardless of the manner of its attachment or affixation to real property; 

(j) Transfers and Other Liens. Grantors shall not (i) sell, assign (by operation of law or otherwise) or otherwise dispose of, or
grant any option with respect to, any of the Collateral, except as expressly permitted by the Credit Agreement, or (ii) create or permit to exist any Lien upon or with respect to any of the Collateral of any Grantor, except for Permitted Liens.

  
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The inclusion of Proceeds in the Collateral shall not be deemed to constitute Collateral Agent’s consent to any sale or other disposition of any of the Collateral except as expressly
permitted in this Agreement or the other Loan Documents; 
 (k) Controlled Accounts; Controlled Investments. 

(i) Each Grantor shall (A) establish and maintain cash management services of a type and on terms reasonably satisfactory to Collateral
Agent at one or more of the banks set forth on Schedule 10 (each a “Controlled Account Bank”), and shall take reasonable steps to ensure that all of its Account Debtors forward payment of the amounts owed by them directly to
such Controlled Account Bank, and (B) deposit or cause to be deposited promptly, and in any event no later than the first Business Day after the date of receipt thereof, all of their collections in respect of Collateral (including those sent
directly by their Account Debtors to a Grantor) into a bank account of such Grantor (each, a “Controlled Account”) at one of the Controlled Account Banks. 

(ii) Each Grantor shall establish and maintain Controlled Account Agreements with Collateral Agent (or its bailee acting on its behalf) and
the applicable Controlled Account Bank, in form and substance reasonably acceptable to Collateral Agent. Unless otherwise agreed to by Collateral Agent (or its bailee acting on its behalf), each such Controlled Account Agreement shall provide, among
other things, that (A) the Controlled Account Bank will comply with any instructions originated by Collateral Agent (or its bailee acting on its behalf) directing the disposition of the funds in such Controlled Account without further consent by the
applicable Grantor, (B) the Controlled Account Bank waives, subordinates, or agrees not to exercise any rights of setoff or recoupment or any other claim against the applicable Controlled Account other than for payment of its service fees and other
charges directly related to the administration of such Controlled Account and for returned checks or other items of payment, and (C) upon the instruction of Collateral Agent (or its bailee acting on its behalf) (an “Activation
Instruction”), the Controlled Account Bank will forward by daily sweep all amounts in the applicable Controlled Account to the Collateral Agent’s account. Each Agent agrees not to issue an Activation Instruction with respect to the
Controlled Accounts unless a Triggering Event has occurred and is continuing at the time such Activation Instruction is issued. If a Triggering Event has occurred and is continuing, any Agent may in its reasonable discretion issue an Activation
Instruction, provided that if the Triggering Event exists as a result of Excess Availability (under and as defined in the Revolving Credit Agreement) being less than the greater of (i) $15,625,000 and (ii) 12.5% of the Maximum Revolver Amount (under
and as defined in the Revolving Credit Agreement), an Agent (or its bailee acting on its behalf) shall issue such Activation Instruction. Each Agent agrees to use commercially reasonable efforts to rescind an Activation Instruction (the
“Rescission”) if, after the occurrence of such Triggering Event, (x) ninety (90) consecutive days have passed during which Excess Availability has exceeded the greater of (i) $15,625,000 and (ii) 12.5% of the Maximum Revolver Amount and
(y) no Event of Default has occurred and is continuing. 
 (iii) So long as no Default or Event of Default has occurred and is continuing,
Borrower may amend Schedule 10 to add or replace a Controlled Account Bank or Controlled Account and shall upon such addition or replacement provide to Collateral Agent an amended Schedule 10; provided, however, that (A)
such prospective Controlled Account Bank 

  
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shall be reasonably satisfactory to Collateral Agent, and (B) prior to the time of the opening of such Controlled Account, the applicable Grantor and such prospective Controlled Account Bank
shall have executed and delivered to Collateral Agent (or its bailee acting on its behalf) a Controlled Account Agreement. Each Grantor shall close any of its Controlled Accounts (and establish replacement Controlled Account accounts in
accordance with the foregoing sentence) as promptly as practicable and in any event within forty-five (45) days after notice from Collateral Agent that the operating performance, funds transfer, or availability procedures or performance of the
Controlled Account Bank with respect to Controlled Account Accounts or Collateral Agent’s liability under any Controlled Account Agreement with such Controlled Account Bank is no longer acceptable in Collateral Agent’s reasonable judgment.

 (iv) Other than (i) an aggregate amount of not more than $250,000 at any one time, in the case of Grantors and their Subsidiaries,
and (ii) amounts deposited into Deposit Accounts specially and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for any Grantor’s or its Subsidiaries’ employees, no Grantor will, and no
Grantor will permit its Subsidiaries to, make, acquire, or permit to exist Permitted Investments consisting of cash, Cash Equivalents, or amounts credited to Deposit Accounts or Securities Accounts unless Grantor or its Subsidiary, as applicable,
and the applicable bank or securities intermediary have entered into Control Agreements with Collateral Agent (or its bailee acting on its behalf) governing such Permitted Investments in order to perfect (and further establish) Collateral
Agent’s Liens in such Permitted Investments. 
 (l) Name, Etc. No Grantor will, nor will any Grantor permit any of its
Subsidiaries to, change its name, organizational identification number, jurisdiction of organization or organizational identity; provided, that Grantor or any of its Subsidiaries may change its name upon at least five (5) Business Days prior
written notice to each Agent of such change. 
 (m) Certificated Equipment. Unless Collateral Agent otherwise agrees, Grantors
shall maintain the Custodial Agreement in force and effect or, at the request of Collateral Agent, enter into a replacement custodial agreement with Collateral Agent substantially in the form of Exhibit E. Promptly (and in any event within five
(5) Business Days) with respect to all goods covered by a certificate of title owned by any Grantor, such Grantor shall deliver to the custodian under the Custodial Agreement, the certificates of title for all such goods. On each date on which
a Compliance Certificate is to be delivered pursuant to Section 5.1 of the Credit Agreement in respect of a fiscal month (or, if an Event of Default has occurred and is continuing, more frequently if requested by Collateral Agent), Grantors shall
provide Collateral Agent with an updated Schedule 12 which shall identify (A) all Certificated Equipment acquired since the last update of Schedule 12 and (B) all Certificated Equipment sold, disposed of or otherwise no longer owned by
a Grantor since the last update of Schedule 12; and 
 (n) Pledged Notes. Grantors (i) without the prior written consent
of Collateral Agent, will not (A) waive or release any monetary or material obligation of any Person that is obligated under any of the Pledged Notes, (B) take or omit to take any action or knowingly suffer or permit any action to be
omitted or taken, the taking or omission of which would result in any right of offset against sums payable under the Pledged Notes, or (C) other 

  
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than Permitted Dispositions, assign or surrender their rights and interests under any of the Pledged Notes or terminate, cancel, modify, change, supplement or amend the Pledged Notes in any
manner materially adverse to Grantor, and (ii) shall provide to Collateral Agent copies of all material written notices (including notices of default) given or received with respect to the Pledged Notes promptly after giving or receiving such
notice. 
 8. Relation to Other Security Documents. The provisions of this Agreement shall be read and construed with the other
Loan Documents referred to below in the manner so indicated. 
 (a) Credit Agreement. In the event of any conflict between any
provision in this Agreement and a provision in the Credit Agreement, such provision of the Credit Agreement shall control. 
 (b) Patent,
Trademark, Copyright Security Agreements. The provisions of the Copyright Security Agreements, Trademark Security Agreements, and Patent Security Agreements are supplemental to the provisions of this Agreement, and nothing contained in the
Copyright Security Agreements, Trademark Security Agreements, or the Patent Security Agreements shall limit any of the rights or remedies of any Agent hereunder. In the event of any conflict between any provision in this Agreement and a
provision in a Copyright Security Agreement, Trademark Security Agreement or Patent Security Agreement, such provision of this Agreement shall control. 

(c) Intercreditor Agreement. Notwithstanding any provision contained herein, (i) this Agreement, the Liens created hereby and the
rights, remedies, duties and obligations provided for herein are subject to the Intercreditor Agreement and (ii) in the event of a conflict between any provision in this Agreement and a provision in the Intercreditor Agreement, the provisions of the
Intercreditor Agreement shall control. 
 9. Further Assurances. 

(a) Each Grantor agrees that from time to time, at its own expense, such Grantor will promptly execute and deliver all further instruments and
documents, and take all further action, that any Agent may reasonably request, in order to perfect and protect the Security Interest granted hereby, to create, perfect or protect the Security Interest purported to be granted hereby or to enable each
Agent to exercise and enforce its rights and remedies hereunder with respect to any of the Collateral. 
 (b) Each Grantor authorizes the
filing by any Agent of financing or continuation statements, or amendments thereto, and such Grantor will execute and deliver to each Agent such other instruments or notices, as such Agent may reasonably request, in order to perfect and preserve the
Security Interest granted or purported to be granted hereby. 
 (c) Each Grantor authorizes each Agent at any time and from time to time to
file, transmit, or communicate, as applicable, financing statements and amendments (i) describing the Collateral as “all personal property of debtor” or “all assets of debtor” or words of similar effect, (ii) describing
the Collateral as being of equal or lesser scope or with greater detail, or (iii) that contain any information required by part 5 of Article 9 of the Code for the 

  
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sufficiency or filing office acceptance. Each Grantor also hereby ratifies any and all financing statements or amendments previously filed by any Agent in any jurisdiction. 

(d) Each Grantor acknowledges that it is not authorized to file any financing statement or amendment or termination statement with respect to
any financing statement filed in connection with this Agreement without the prior written consent of Collateral Agent, subject to such Grantor’s rights under Section 9-509(d)(2) of the Code. 

10. Agents’ Right to Perform Contracts, Exercise Rights, etc. Upon the occurrence and during the continuance of an Event of
Default, each Agent (or its designee) (a) may proceed to perform any and all of the obligations of any Grantor contained in any contract, lease, or other agreement and exercise any and all rights of any Grantor therein contained as fully as
such Grantor itself could, (b) shall have the right to use any Grantor’s rights under Intellectual Property Licenses in connection with the enforcement of such Agent’s rights hereunder, including the right to prepare for sale and sell
any and all Inventory and Equipment now or hereafter owned by any Grantor and now or hereafter covered by such licenses, and (c) shall have the right to request that any Equity Interests that are pledged hereunder be registered in the name of
such Agent or any of its nominees. 
 11. Collateral Agent Appointed Attorney-in-Fact. Each Grantor hereby irrevocably appoints
Collateral Agent its attorney-in-fact, with full authority in the place and stead of such Grantor and in the name of such Grantor or otherwise, at such time as an Event of Default has occurred and is continuing under the Credit Agreement, to take
any action and to execute any instrument which Collateral Agent may reasonably deem necessary or advisable to accomplish the purposes of this Agreement, including: 

(a) to ask, demand, collect, sue for, recover, compromise, receive and give acquittance and receipts for moneys due and to become due under or
in connection with the Accounts or any other Collateral of such Grantor; 
 (b) to receive and open all mail addressed to such Grantor and
to notify postal authorities to change the address for the delivery of mail to such Grantor to that of Collateral Agent; 
 (c) to receive,
indorse, and collect any drafts or other instruments, documents, Negotiable Collateral or Chattel Paper; 
 (d) to file any claims or take
any action or institute any proceedings which Collateral Agent may deem necessary or desirable for the collection of any of the Collateral of such Grantor or otherwise to enforce the rights of Collateral Agent with respect to any of the Collateral;

 (e) to repair, alter, or supply goods, if any, necessary to fulfill in whole or in part the purchase order of any Person obligated to
such Grantor in respect of any Account of such Grantor; 
 (f) to use any Intellectual Property or Intellectual Property Licenses of such
Grantor, including but not limited to any labels, Patents, Trademarks, trade names, URLs, 

  
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domain names, industrial designs, Copyrights, or advertising matter, in preparing for sale, advertising for sale, or selling Inventory or other Collateral and to collect any amounts due under
Accounts, contracts or Negotiable Collateral of such Grantor; and 
 (g) Collateral Agent, on behalf of the Lender Group, shall have the
right, but shall not be obligated, to bring suit in its own name to enforce the Intellectual Property and Intellectual Property Licenses and, if Collateral Agent shall commence any such suit, the appropriate Grantor shall, at the request of
Collateral Agent, do any and all lawful acts and execute any and all proper documents reasonably required by Collateral Agent in aid of such enforcement. 

To the extent permitted by law, each Grantor hereby ratifies all that such attorney-in-fact shall lawfully do or cause to be done by virtue
hereof. This power of attorney is coupled with an interest and shall be irrevocable until this Agreement is terminated. 
 12. Agent
May Perform. If any Grantor fails to perform any agreement contained herein, each Agent may itself perform, or cause performance of, such agreement, and the reasonable expenses of such Agent incurred in connection therewith shall be
payable, jointly and severally, by Grantors. 
 13. Collateral Agent’s Duties. The powers conferred on Collateral Agent
hereunder are solely to protect Collateral Agent’s interest in the Collateral, for the benefit of the Lender Group, and shall not impose any duty upon Collateral Agent to exercise any such powers. Except for the safe custody of any
Collateral in its actual possession and the accounting for moneys actually received by it hereunder, Collateral Agent shall have no duty as to any Collateral or as to the taking of any necessary steps to preserve rights against prior parties or any
other rights pertaining to any Collateral. Collateral Agent shall be deemed to have exercised reasonable care in the custody and preservation of any Collateral in its actual possession if such Collateral is accorded treatment substantially equal to
that which Collateral Agent accords its own property. 
 14. Collection of Accounts, General Intangibles and Negotiable
Collateral. At any time upon the occurrence and during the continuance of an Event of Default, Collateral Agent or Collateral Agent’s designee may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles,
Chattel Paper or Negotiable Collateral of such Grantor have been assigned to Collateral Agent, for the benefit of the Lender Group, or that Collateral Agent has a security interest therein, and (b) collect the Accounts, General Intangibles and
Negotiable Collateral of any Grantor directly, and any collection costs and expenses shall constitute part of such Grantor’s Secured Obligations under the Loan Documents. 

15. Disposition of Pledged Interests by Collateral Agent. None of the Pledged Interests existing as of the date of this Agreement
are, and none of the Pledged Interests hereafter acquired on the date of acquisition thereof will be, registered or qualified under the various federal or state securities laws of the United States and disposition thereof after an Event of Default
may be restricted to one or more private (instead of public) sales in view of the lack of such registration. Each Grantor understands that in connection with such disposition, Collateral Agent may approach only a restricted number of potential
purchasers and further understands 

  
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that a sale under such circumstances may yield a lower price for the Pledged Interests than if the Pledged Interests were registered and qualified pursuant to federal and state securities laws
and sold on the open market. Each Grantor, therefore, agrees that: (a) if Collateral Agent shall, pursuant to the terms of this Agreement, sell or cause the Pledged Interests or any portion thereof to be sold at a private sale,
Collateral Agent shall have the right to rely upon the advice and opinion of any nationally recognized brokerage or investment firm (but shall not be obligated to seek such advice and the failure to do so shall not be considered in determining the
commercial reasonableness of such action) as to the best manner in which to offer the Pledged Interest or any portion thereof for sale and as to the best price reasonably obtainable at the private sale thereof; and (b) such reliance shall be
conclusive evidence that Collateral Agent has handled the disposition in a commercially reasonable manner. 
 16. Voting and Other Rights
in Respect of Pledged Interests. 
 (a) Upon the occurrence and during the continuation of an Event of Default, (i) Collateral
Agent may, at its option, and with two (2) Business Days prior notice to any Grantor, and in addition to all rights and remedies available to Collateral Agent under any other agreement, at law, in equity, or otherwise, exercise all voting rights, or
any other ownership or consensual rights (including any dividend or distribution rights) in respect of the Pledged Interests owned by such Grantor, but under no circumstances is Collateral Agent obligated by the terms of this Agreement to exercise
such rights, and (ii) if Collateral Agent duly exercises its right to vote any of such Pledged Interests, each Grantor hereby appoints Collateral Agent, such Grantor’s true and lawful attorney-in-fact and IRREVOCABLE PROXY to vote such
Pledged Interests in any manner Collateral Agent deems advisable for or against all matters submitted or which may be submitted to a vote of shareholders, partners or members, as the case may be. The power-of-attorney and proxy granted hereby
is coupled with an interest and shall be irrevocable. 
 (b) For so long as any Grantor shall have the right to vote the Pledged Interests
owned by it, such Grantor covenants and agrees that it will not, without the prior written consent of Collateral Agent, vote or take any consensual action with respect to such Pledged Interests which would materially adversely affect the rights of
Collateral Agent, the other members of the Lender Group, or the value of the Pledged Interests. 
 17. Remedies. Upon the
occurrence and during the continuance of an Event of Default: 
 (a) Collateral Agent may, and, at the instruction of the Required Lenders,
shall exercise in respect of the Collateral, in addition to other rights and remedies provided for herein, in the other Loan Documents, or otherwise available to it, all the rights and remedies of a secured party on default under the Code or any
other applicable law. Without limiting the generality of the foregoing, each Grantor expressly agrees that, in any such event, Collateral Agent without demand of performance or other demand, advertisement or notice of any kind (except a notice
specified below of time and place of public or private sale) to or upon any Grantor or any other Person (all and each of which demands, advertisements and notices are hereby expressly waived to the maximum extent permitted by the Code or any other
applicable law), may take immediate possession of all or any portion of the Collateral and (i) require Grantors to, and each Grantor hereby agrees that it will at its own expense and upon request of

  
 -33- 

 
Collateral Agent forthwith, assemble all or part of the Collateral as directed by Collateral Agent and make it available to Collateral Agent at one or more locations where such Grantor regularly
maintains Inventory, and (ii) without notice except as specified below, sell the Collateral or any part thereof in one or more parcels at public or private sale, at any of Collateral Agent’s offices or elsewhere, for cash, on credit, and
upon such other terms as Collateral Agent may deem commercially reasonable. Each Grantor agrees that, to the extent notification of sale shall be required by law, at least ten (10) days notification by mail to the applicable Grantor of the time
and place of any public sale or the time after which any private sale is to be made shall constitute reasonable notification and specifically such notification shall constitute a reasonable “authenticated notification of disposition”
within the meaning of Section 9-611 of the Code. Collateral Agent shall not be obligated to make any sale of Collateral regardless of notification of sale having been given. Collateral Agent may adjourn any public sale from time to time by
announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which it was so adjourned. Each Grantor agrees that (A) the internet shall constitute a “place” for
purposes of Section 9-610(b) of the Code and (B) to the extent notification of sale shall be required by law, notification by mail of the URL where a sale will occur and the time when a sale will commence at least ten (10) days prior to the
sale shall constitute a reasonable notification for purposes of Section 9-611(b) of the Code. Each Grantor agrees that any sale of Collateral to a licensor pursuant to the terms of a license agreement between such licensor and a Grantor is
sufficient to constitute a commercially reasonable sale (including as to method, terms, manner, and time) within the meaning of Section 9-610 of the Code. 

(b) Collateral Agent is hereby granted a license or other right to use, without liability for royalties or any other charge, each
Grantor’s Intellectual Property, including but not limited to, any labels, Patents, Trademarks, trade names, URLs, domain names, industrial designs, Copyrights, and advertising matter, whether owned by any Grantor or with respect to which any
Grantor has rights under license, sublicense, or other agreements (including any Intellectual Property License), as it pertains to the Collateral, in preparing for sale, advertising for sale and selling any Collateral, and each Grantor’s rights
under all licenses and all franchise agreements shall inure to the benefit of Collateral Agent. 
 (c) Collateral Agent may, in addition to
other rights and remedies provided for herein, in the other Loan Documents, or otherwise available to it under applicable law and without the requirement of notice to or upon any Grantor or any other Person (which notice is hereby expressly waived
to the maximum extent permitted by the Code or any other applicable law), (i) with respect to any Grantor’s Deposit Accounts in which Collateral Agent’s Liens are perfected by control under Section 9-104 of the Code, instruct the bank
maintaining such Deposit Account for the applicable Grantor to pay the balance of such Deposit Account to or for the benefit of Collateral Agent, and (ii) with respect to any Grantor’s Securities Accounts in which Collateral Agent’s
Liens are perfected by control under Section 9-106 of the Code, instruct the securities intermediary maintaining such Securities Account for the applicable Grantor to (A) transfer any cash in such Securities Account to or for the benefit of
Collateral Agent, or (B) liquidate any financial assets in such Securities Account that are customarily sold on a recognized market and transfer the cash proceeds thereof to or for the benefit of Collateral Agent. 

  
 -34- 

 (d) Any cash held by Collateral Agent as Collateral and all cash proceeds received by Collateral
Agent in respect of any sale of, collection from, or other realization upon all or any part of the Collateral shall be applied against the Secured Obligations in the order set forth in the Credit Agreement. In the event the proceeds of Collateral
are insufficient to satisfy all of the Secured Obligations in full, each Grantor shall remain jointly and severally liable for any such deficiency. 

(e) Each Grantor hereby acknowledges that the Secured Obligations arise out of a commercial transaction, and agrees that if an Event of
Default shall occur and be continuing Collateral Agent shall have the right to an immediate writ of possession without notice of a hearing. Collateral Agent shall have the right to the appointment of a receiver for the properties and assets of
each Grantor, and each Grantor hereby consents to such rights and such appointment and hereby waives any objection such Grantor may have thereto or the right to have a bond or other security posted by Collateral Agent. 

18. Remedies Cumulative. Each right, power, and remedy of any Agent, or any other member of the Lender Group as provided for in
this Agreement or the other Loan Documents or now or hereafter existing at law or in equity or by statute or otherwise shall be cumulative and concurrent and shall be in addition to every other right, power, or remedy provided for in this Agreement
and the other Loan Documents or now or hereafter existing at law or in equity or by statute or otherwise, and the exercise or beginning of the exercise by any Agent or any other member of the Lender Group of any one or more of such rights, powers,
or remedies shall not preclude the simultaneous or later exercise by such Agent or such other member of the Lender Group of any or all such other rights, powers, or remedies. 

19. Marshaling. No Agent shall be required to marshal any present or future collateral security (including but not limited to the
Collateral) for, or other assurances of payment of, the Secured Obligations or any of them or to resort to such collateral security or other assurances of payment in any particular order, and all of its rights and remedies hereunder and in respect
of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights and remedies, however existing or arising. To the extent that it lawfully may, each Grantor hereby agrees that it will not
invoke any law relating to the marshaling of collateral which might cause delay in or impede the enforcement of any Agent’s rights and remedies under this Agreement or under any other instrument creating or evidencing any of the Secured
Obligations or under which any of the Secured Obligations is outstanding or by which any of the Secured Obligations is secured or payment thereof is otherwise assured, and, to the extent that it lawfully may, each Grantor hereby irrevocably waives
the benefits of all such laws. 
 20. Indemnity and Expenses. 

(a) Each Grantor agrees to indemnify each Agent and the other members of the Lender Group from and against all claims, lawsuits and
liabilities (including reasonable attorneys fees) growing out of or resulting from this Agreement (including enforcement of this Agreement) or any other Loan Document to which such Grantor is a party, except claims, losses or liabilities resulting
from the gross negligence or willful misconduct of the party seeking indemnification as determined by a final non-appealable order of a court of competent 

  
 -35- 

 
jurisdiction. This provision shall survive the termination of this Agreement and the Credit Agreement and the repayment of the Secured Obligations. 

(b) Grantors, jointly and severally, shall, upon demand, pay to each Agent (or Administrative Agent may charge to the Loan Account) all the
Lender Group Expenses which any Agent or any other member of the Lender Group may incur in connection with (i) the administration of this Agreement, (ii) the custody, preservation, use or operation of, or, upon an Event of Default, the
sale of, collection from, or other realization upon, any of the Collateral in accordance with this Agreement and the other Loan Documents, (iii) the exercise or enforcement of any of the rights of any Agent hereunder or (iv) the failure by
any Grantor to perform or observe any of the provisions hereof. 
 21. Merger, Amendments; Etc. THIS AGREEMENT, TOGETHER WITH
THE OTHER LOAN DOCUMENTS, REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN AGREEMENTS BETWEEN THE PARTIES. No
waiver of any provision of this Agreement, and no consent to any departure by any Grantor herefrom, shall in any event be effective unless the same shall be in writing and signed by each Agent, and then such waiver or consent shall be effective only
in the specific instance and for the specific purpose for which given. No amendment of any provision of this Agreement shall be effective unless the same shall be in writing and signed by each Agent and each Grantor to which such amendment
applies. 
 22. Addresses for Notices. All notices and other communications provided for hereunder shall be given in the form
and manner and delivered to Agents at their respective addresses specified in the Credit Agreement, and to any of the Grantors at their respective addresses specified in the Credit Agreement or Guaranty, as applicable, or, as to any party, at such
other address as shall be designated by such party in a written notice to the other party. 
 23. Continuing Security Interest:
Assignments under Credit Agreement. 
 (a) This Agreement shall create a continuing security interest in the Collateral and shall
(i) remain in full force and effect until the Obligations have been paid in full in accordance with the provisions of the Credit Agreement and the Commitments have expired or have been terminated, (ii) be binding upon each Grantor, and
their respective successors and assigns, and (iii) inure to the benefit of, and be enforceable by, each Agent, and its successors, transferees and assigns. Without limiting the generality of the foregoing clause (iii), any Lender may, in
accordance with the provisions of the Credit Agreement, assign or otherwise transfer all or any portion of its rights and obligations under the Credit Agreement to any other Person, and such other Person shall thereupon become vested with all the
benefits in respect thereof granted to such Lender herein or otherwise. Upon payment in full of the Secured Obligations in accordance with the provisions of the Credit Agreement and the expiration or termination of the Commitments, the Guaranty
made and the Security Interest granted hereby shall terminate and all rights to the Collateral shall revert to Grantors or any other Person entitled thereto. At such time, upon Borrower’s request, each Agent will authorize the filing of
appropriate termination statements to terminate such Security Interest. No transfer or renewal, extension, assignment, or 

  
 -36- 

 
termination of this Agreement or of the Credit Agreement, any other Loan Document, or any other instrument or document executed and delivered by any Grantor to any Agent nor any other loans made
by any Lender to Borrower, nor the taking of further security, nor the retaking or re-delivery of the Collateral to Grantors, or any of them, by any Agent, nor any other act of the Lender Group, or any of them, shall release any Grantor from any
obligation, except a release or discharge executed in writing by the applicable Agent in accordance with the provisions of the Credit Agreement. No Agent shall by any act, delay, omission or otherwise, be deemed to have waived any of its rights
or remedies hereunder, unless such waiver is in writing and signed by such Agent and then only to the extent therein set forth. A waiver by any Agent of any right or remedy on any occasion shall not be construed as a bar to the exercise of any
such right or remedy which such Agent would otherwise have had on any other occasion. 
 (b) Each Grantor agrees that, if any payment made
by any Grantor or other Person and applied to the Secured Obligations is at any time annulled, avoided, set, aside, rescinded, invalidated, declared to be fraudulent or preferential or otherwise required to be refunded or repaid, or the proceeds of
any Collateral are required to be returned by Collateral Agent or any other member of the Lender Group to such Grantor, its estate, trustee, receiver or any other party, including any Grantor, under any bankruptcy law, state or federal law, common
law or equitable cause, then, to the extent of such payment or repayment, any Lien or other Collateral securing such liability shall be and remain in full force and effect, as fully as if such payment had never been made. If, prior to any of the
foregoing, (i) any Lien or other Collateral securing such Grantor’s liability hereunder shall have been released or terminated by virtue of the foregoing clause (a), or (ii) any provision of the Guaranty hereunder shall have been
terminated, cancelled or surrendered, such Lien, other Collateral or provision shall be reinstated in full force and effect and such prior release, termination, cancellation or surrender shall not diminish, release, discharge, impair or otherwise
affect the obligations of any such Grantor in respect of any Lien or other Collateral securing such obligation or the amount of such payment. 

24. Survival. All representations and warranties made by the Grantors in this Agreement and in the certificates or other
instruments delivered in connection with or pursuant to this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement and the making of any loans, regardless of
any investigation made by any such other party or on its behalf and notwithstanding that any Agent or any Lender may have had notice or knowledge of any Default or Event of Default or incorrect representation or warranty at the time any credit is
extended hereunder, and shall continue in full force and effect as long as the principal of or any accrued interest on any loan or any fee or any other amount payable under the Credit Agreement is outstanding and so long as the Commitments have not
expired or terminated. 
 25. CHOICE OF LAW AND VENUE; JURY TRIAL WAIVER; JUDICIAL REFERENCE PROVISION. 

(a) THE VALIDITY OF THIS AGREEMENT, THE CONSTRUCTION, INTERPRETATION, AND ENFORCEMENT HEREOF, THE RIGHTS OF THE PARTIES HERETO WITH RESPECT TO
ALL MATTERS ARISING HEREUNDER OR RELATED HERETO, AND ANY CLAIMS, CONTROVERSIES OR DISPUTES ARISING HEREUNDER 

  
 -37- 

 
OR RELATED HERETO SHALL BE DETERMINED UNDER, GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 

(b) THE PARTIES AGREE THAT ALL ACTIONS OR PROCEEDINGS ARISING IN CONNECTION WITH THIS AGREEMENT SHALL BE TRIED AND LITIGATED ONLY IN THE STATE
AND, TO THE EXTENT PERMITTED BY APPLICABLE LAW, FEDERAL COURTS LOCATED IN THE COUNTY OF NEW YORK, STATE OF NEW YORK; PROVIDED, THAT ANY SUIT SEEKING ENFORCEMENT AGAINST ANY COLLATERAL OR OTHER PROPERTY MAY BE BROUGHT, AT AN AGENT’S
OPTION, IN THE COURTS OF ANY JURISDICTION WHERE AGENT ELECTS TO BRING SUCH ACTION OR WHERE SUCH COLLATERAL OR OTHER PROPERTY MAY BE FOUND. EACH GRANTOR AND AGENT WAIVE, TO THE EXTENT PERMITTED UNDER APPLICABLE LAW, ANY RIGHT EACH MAY HAVE TO
ASSERT THE DOCTRINE OF FORUM NON CONVENIENS OR TO OBJECT TO VENUE TO THE EXTENT ANY PROCEEDING IS BROUGHT IN ACCORDANCE WITH THIS SECTION 25(b). 

(c) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH GRANTOR AND AGENT HEREBY WAIVE THEIR RESPECTIVE RIGHTS, IF ANY, TO A JURY TRIAL OF
ANY CLAIM, CONTROVERSY, DISPUTE OR CAUSE OF ACTION DIRECTLY OR INDIRECTLY BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OF THE TRANSACTIONS CONTEMPLATED HEREIN, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON
LAW OR STATUTORY CLAIMS (EACH A “CLAIM”). EACH GRANTOR AND AGENT REPRESENT THAT EACH HAS REVIEWED THIS WAIVER AND EACH KNOWINGLY AND VOLUNTARILY WAIVES ITS JURY TRIAL RIGHTS FOLLOWING CONSULTATION WITH LEGAL COUNSEL. IN
THE EVENT OF LITIGATION, A COPY OF THIS AGREEMENT MAY BE FILED AS A WRITTEN CONSENT TO A TRIAL BY THE COURT. 
 (d) EACH GRANTOR HEREBY
IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE EXCLUSIVE JURISDICTION OF THE STATE AND FEDERAL COURTS LOCATED IN THE COUNTY OF NEW YORK AND THE STATE OF NEW YORK, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR FOR
RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER
PROVIDED BY LAW. NOTHING IN THIS AGREEMENT SHALL AFFECT ANY RIGHT THAT ANY AGENT MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AGAINST ANY GRANTOR OR ITS PROPERTIES IN THE COURTS OF ANY JURISDICTION. 

(e) NO CLAIM MAY BE MADE BY ANY GRANTOR AGAINST ANY AGENT, ANY LENDER, OR ANY AFFILIATE, DIRECTOR, OFFICER, EMPLOYEE, COUNSEL, REPRESENTATIVE,
AGENT, OR ATTORNEY-IN-FACT OF ANY OF THEM FOR ANY SPECIAL, INDIRECT, CONSEQUENTIAL, OR PUNITIVE DAMAGES IN 

  
 -38- 

 
RESPECT OF ANY CLAIM FOR BREACH OF CONTRACT OR ANY OTHER THEORY OF LIABILITY ARISING OUT OF OR RELATED TO THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT, OR ANY ACT, OMISSION, OR EVENT OCCURRING
IN CONNECTION HEREWITH, AND EACH GRANTOR HEREBY WAIVES, RELEASES, AND AGREES NOT TO SUE UPON ANY CLAIM FOR SUCH DAMAGES, WHETHER OR NOT ACCRUED AND WHETHER OR NOT KNOWN OR SUSPECTED TO EXIST IN ITS FAVOR. 

26. New Subsidiaries. Pursuant to Section 5.11 of the Credit Agreement, certain Subsidiaries (whether by acquisition or
creation) of any Grantor are required to enter into this Agreement by executing and delivering in favor of each Agent a Joinder to this Agreement in substantially the form of Annex 1. Upon the execution and delivery of Annex 1 by
any such new Subsidiary, such Subsidiary shall become a Guarantor and Grantor hereunder with the same force and effect as if originally named as a Guarantor and Grantor herein. The execution and delivery of any instrument adding an additional
Guarantor or Grantor as a party to this Agreement shall not require the consent of any Guarantor or Grantor hereunder. The rights and obligations of each Guarantor and Grantor hereunder shall remain in full force and effect notwithstanding the
addition of any new Guarantor or Grantor hereunder. 
 27. Agents. Each reference herein to any right granted to, benefit
conferred upon or power exercisable by the “Administrative Agent” or “Collateral Agent” shall be a reference to Administrative Agent or Collateral Agent, as applicable, for the benefit of each member of the Lender Group. 

28. Miscellaneous. 
 (a)
This Agreement is a Loan Document. This Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when
taken together, shall constitute but one and the same Agreement. Delivery of an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed
counterpart of this Agreement. Any party delivering an executed counterpart of this Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Agreement but the failure to
deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Agreement. The foregoing shall apply to each other Loan Document mutatis mutandis. 

(b) Any provision of this Agreement which is prohibited or unenforceable shall be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof in that jurisdiction or affecting the validity or enforceability of such provision in any other jurisdiction. Each provision of this Agreement shall be severable from every other
provision of this Agreement for the purpose of determining the legal enforceability of any specific provision. 

  
 -39- 

 (c) Headings and numbers have been set forth herein for convenience only. Unless the contrary is
compelled by the context, everything contained in each Section applies equally to this entire Agreement. 
 (d) Neither this Agreement nor
any uncertainty or ambiguity herein shall be construed against any member of the Lender Group or any Grantor, whether under any rule of construction or otherwise. This Agreement has been reviewed by all parties and shall be construed and interpreted
according to the ordinary meaning of the words used so as to accomplish fairly the purposes and intentions of all parties hereto. 

[signature pages follow] 

  
 -40- 

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

							
	GRANTORS:	 		 	NUVERRA ENVIRONMENTAL SOLUTIONS, INC.
				
		 		 	By:	 	 /s/ Mark D. Johnsrud

		 		 	Name:	 	Mark D. Johnsrud
		 		 	Title:	 	Chairman and Chief Executive Officer
			
		 		 	 1960 WELL SERVICES, LLC

BADLANDS LEASING, LLC
 BADLANDS POWER FUELS, LLC
(DE)
 BADLANDS POWER FUELS, LLC (ND)
 HECKMANN
WATER RESOURCES CORPORATION
 HECKMANN WATER RESOURCES (CVR), INC.

HECKMANN WOODS CROSS, LLC
 HEK WATER SOLUTIONS,
LLC
 IDEAL OILFIELD DISPOSAL, LLC
 LANDTECH
ENTERPRISES, L.L.C.
 NES WATER SOLUTIONS, LLC

NUVERRA TOTAL SOLUTIONS, LLC

				
		 		 	By:	 	 /s/ Mark D. Johnsrud

		 		 	Name:	 	Mark D. Johnsrud
		 		 	Title:	 	President
			
		 		 	APPALACHIAN WATER SERVICES, LLC
				
		 		 	By:	 	HEK Water Solutions, LLC, its managing member
				
		 		 	By:	 	 /s/ Mark D. Johnsrud

		 		 	Name:	 	Mark D. Johnsrud
		 		 	Title:	 	President

  
 [SIGNATURE PAGE TO
GUARANTY AND SECURITY AGREEMENT] 

							
	ADMINISTRATIVE AGENT:	 		 	WILMINGTON SAVINGS FUND SOCIETY, FSB
				
		 		 	By:	 	 /s/ Geoffrey J. Lewis

		 		 	Name:	 	Geoffrey J. Lewis
		 		 	Title:	 	Vice President

  
 [SIGNATURE PAGE TO
GUARANTY AND SECURITY AGREEMENT] 

							
	COLLATERAL AGENT:	 		 	WELLS FARGO BANK, NATIONAL ASSOCIATION
				
		 		 	By:	 	 /s/ Zachary S. Buchanan

		 		 	Name:	 	Zachary S. Buchanan
		 		 	Title:	 	AVP

  
 [SIGNATURE PAGE TO
GUARANTY AND SECURITY AGREEMENT] 

 ANNEX 1 TO GUARANTY AND SECURITY AGREEMENT 

FORM OF JOINDER 
 Joinder No.
     (this “Joinder”), dated as of              20    , to the Guaranty and Security Agreement, dated as of April 15, 2016 (as
amended, restated, supplemented, or otherwise modified from time to time, the “Guaranty and Security Agreement”), by and among each of the parties listed on the signature pages thereto and those additional entities that thereafter
become parties thereto (collectively, jointly and severally, “Grantors” and each, individually, a “Grantor”), WILMINGTON SAVINGS FUND SOCIETY, FSB (“Wilmington”), in its capacity as agent for the
Lender Group (in such capacity, together with its successors and assigns in such capacity, “Administrative Agent”), and WELLS FARGO BANK, NATIONAL ASSOCAITION (“Wells Fargo”), in its capacity as collateral agent for
each member of the Lender Group (in such capacity, together with its successors and assigns in such capacity, “Collateral Agent” and, together with the Administrative Agent, the “Agents” and each, an
“Agent”). 
 W I T N E S S E T H: 

WHEREAS, pursuant to that certain Term Loan Credit Agreement dated as of April 15, 2016 (as amended, restated, supplemented, or otherwise
modified from time to time, the “Credit Agreement”) by and among Nuverra Environmental Solutions, Inc., a Delaware corporation, as borrower (“Borrower”), the lenders party thereto as “Lenders” (such
Lenders, together with their respective successors and assigns in such capacity, each, individually, a “Lender” and, collectively, the “Lenders”), and Administrative Agent, the Lender Group has agreed to make term
loans available to Borrower pursuant to the terms and conditions thereof; and 
 WHEREAS, initially capitalized terms used herein and not
otherwise defined herein shall have the meanings assigned to such terms in the Guaranty and Security Agreement or, if not defined therein, in the Credit Agreement, and this Joinder shall be subject to the rules of construction set forth in
Section 1(b) of the Guaranty and Security Agreement, which rules of construction are incorporated herein by this reference, mutatis mutandis; and 

WHEREAS, Grantors have entered into the Guaranty and Security Agreement in order to induce the Lender Group to make certain financial
accommodations to Borrower as provided for in the Credit Agreement and the other Loan Documents; and 
 WHEREAS, pursuant to Section
5.11 of the Credit Agreement and Section 26 of the Guaranty and Security Agreement, certain Subsidiaries of the Loan Parties, must execute and deliver certain Loan Documents, including the Guarantor and Security Agreement, and the joinder
to the Guaranty and Security Agreement by the undersigned new Grantor or Grantors (collectively, the “New Grantors”) may be accomplished by the execution of this Joinder in favor of each Agent, for the benefit of the Lender Group;
and 
 WHEREAS, each New Grantor (a) is [an Affiliate] [a Subsidiary] of Borrower and, as such, will benefit by virtue of
the financial accommodations extended to Borrower by the Lender 

  
 Annex I - 1 

 
Group and (b) by becoming a Grantor will benefit from certain rights granted to the Grantors pursuant to the terms of the Loan Documents; 

NOW, THEREFORE, for and in consideration of the foregoing and other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, each New Grantor hereby agrees as follows: 
 1. In accordance with Section 26 of the Guaranty and Security
Agreement, each New Grantor, by its signature below, becomes a “Grantor” and “Guarantor” under the Guaranty and Security Agreement with the same force and effect as if originally named therein as a “Grantor” and
“Guarantor” and each New Grantor hereby (a) agrees to all of the terms and provisions of the Guaranty and Security Agreement applicable to it as a “Grantor” or “Guarantor” thereunder and (b) represents and
warrants that the representations and warranties made by it as a “Grantor” or “Guarantor” thereunder are true and correct in all material respects (except that such materiality qualifier shall not be applicable to any
representations and warranties that are already qualified or modified by materiality in the text thereof) on and as of the date hereof. In furtherance of the foregoing, each New Grantor hereby (a) jointly and severally unconditionally and
irrevocably guarantees as a primary obligor and not merely as a surety the full and prompt payment when due, whether upon maturity, acceleration, or otherwise, of all of the Guarantied Obligations, and (b) unconditionally grants, assigns, and
pledges to Collateral Agent, for the benefit of the Lender Group, to secure the Secured Obligations, a continuing security interest in and to all of such New Grantor’s right, title and interest in and to the Collateral. Each reference to a
“Grantor” or “Guarantor” in the Guaranty and Security Agreement shall be deemed to include each New Grantor. The Guaranty and Security Agreement is incorporated herein by reference. 

2. Schedule 1, “Commercial Tort Claims”, Schedule 2, “Copyrights”, Schedule 3, “Intellectual
Property Licenses”, Schedule 4, “Patents”, Schedule 5, “Pledged Companies”, Schedule 6, “Trademarks”, Schedule 7, Name; Chief Executive Office; Tax Identification Numbers and
Organizational Numbers, Schedule 8, “Owned Real Property”, Schedule 9, “Deposit Accounts and Securities Accounts”, Schedule 10, “Controlled Account Banks”, Schedule 11, “List of Uniform
Commercial Code Filing Jurisdictions”, and Schedule 12, “Certificated Equipment” attached hereto supplement Schedule 1, Schedule 2, Schedule 3, Schedule 4, Schedule 5, Schedule 6, Schedule 7, Schedule 8, Schedule 9, Schedule
10, Schedule 11, and Schedule 12 respectively, to the Guaranty and Security Agreement and shall be deemed a part thereof for all purposes of the Guaranty and Security Agreement. 

3. Each New Grantor authorizes each Agent at any time and from time to time to file, transmit, or communicate, as applicable, financing
statements and amendments thereto (i) describing the Collateral as “all personal property of debtor” or “all assets of debtor” or words of similar effect, (ii) describing the Collateral as being of equal or lesser scope
or with greater detail, or (iii) that contain any information required by part 5 of Article 9 of the Code for the sufficiency or filing office acceptance. Each New Grantor also hereby ratifies any and all financing statements or amendments
previously filed by any Agent in any jurisdiction in connection with the Loan Documents. 

  
 Annex I - 2 

 4. Each New Grantor represents and warrants to each Agent and the Lender Group that this Joinder
has been duly executed and delivered by such New Grantor and constitutes its legal, valid, and binding obligation, enforceable against it in accordance with its terms, except as enforceability thereof may be limited by bankruptcy, insolvency,
reorganization, fraudulent transfer, moratorium, or other similar laws affecting creditors’ rights generally and general principles of equity (regardless of whether such enforceability is considered in a proceeding at law or in equity). 

5. This Joinder is a Loan Document. This Joinder may be executed in any number of counterparts and by different parties on separate
counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Joinder. Delivery of an executed counterpart of this Joinder by
telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Joinder. Any party delivering an executed counterpart of this Joinder by telefacsimile or other
electronic method of transmission also shall deliver an original executed counterpart of this Joinder but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Joinder. 

6. The Guaranty and Security Agreement, as supplemented hereby, shall remain in full force and effect. 

7. THIS JOINDER SHALL BE SUBJECT TO THE PROVISIONS REGARDING CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE SET FORTH IN
SECTION 25 OF THE GUARANTY AND SECURITY AGREEMENT, AND SUCH PROVISIONS ARE INCORPORATED HEREIN BY THIS REFERENCE, MUTATIS MUTANDIS. 

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK] 

  
 Annex I - 3 

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

									
	NEW GRANTORS:	 		 	[NAME OF NEW GRANTOR]
				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

			
		 		 	[NAME OF NEW GRANTOR]
				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

			
	ADMINISTRATIVE AGENT:	 		 	WILMINGTON SAVINGS FUND SOCIETY, FSB
				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

			
	COLLATERAL AGENT:	 		 	WELLS FARGO BANK, NATIONAL ASSOCIATION
				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

				
	Agreed and accepted:	 		 		 	

  

			
	[NAME OF GRANTOR (EXCLUDING NEW GRANTORS)]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 [SIGNATURE PAGE TO JOINDER NO.      TO GUARANTY AND SECURITY AGREEMENT] 

 EXHIBIT A 

COPYRIGHT SECURITY AGREEMENT 

This COPYRIGHT SECURITY AGREEMENT (this “Copyright Security Agreement”) is made this      day of
            , 20    , by and among Grantors listed on the signature pages hereof (collectively, jointly and severally, “Grantors” and each individually
“Grantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), in its capacity as collateral agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such
capacity, “Collateral Agent”). 
 W I T N E S S E T H:

 WHEREAS, pursuant to that certain Term Loan Credit Agreement dated as of April 15, 2016 (as amended, restated, supplemented, or otherwise
modified from time to time, the “Credit Agreement”) by and among Nuverra Environmental Solutions, Inc., a Delaware corporation, as borrower (“Borrower”), the lenders party thereto as “Lenders” (such
Lenders, together with their respective successors and assigns in such capacity, each, individually, a “Lender” and, collectively, the “Lenders”), and Wilmington Savings Fund Society, as administrative agent, the
Lender Group has agreed to make certain financial accommodations available to Borrower from time to time pursuant to the terms and conditions thereof; and 

WHEREAS, the members of the Lender Group are willing to make the financial accommodations to Borrower as provided for in the Credit Agreement
and the other Loan Documents, but only upon the condition, among others, that Grantors shall have executed and delivered to Collateral Agent, for the benefit of the Lender Group, that certain Guaranty and Security Agreement, dated as of April 15,
2016 (including all annexes, exhibits or schedules thereto, as from time to time amended, restated, supplemented or otherwise modified, the “Guaranty and Security Agreement”); and 

WHEREAS, pursuant to the Guaranty and Security Agreement, Grantors are required to execute and deliver to Collateral Agent, for the benefit of
the Lender Group, this Copyright Security Agreement; 
 NOW, THEREFORE, in consideration of the premises and mutual covenants herein
contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Grantors hereby agree as follows: 

1. DEFINED TERMS. All initially capitalized terms used but not otherwise defined herein have the meanings given to them in the
Guaranty and Security Agreement or, if not defined therein, in the Credit Agreement, and this Copyright Security Agreement shall be subject to the rules of construction set forth in Section 1(b) of the Guaranty and Security Agreement, which
rules of construction are incorporated herein by this reference, mutatis mutandis. 
 2. GRANT OF SECURITY INTEREST IN COPYRIGHT
COLLATERAL. Each Grantor hereby unconditionally grants, assigns, and pledges to Collateral Agent, for the benefit 

  
 A-1 

 
of each member of the Lender Group, to secure the Secured Obligations, a continuing security interest (referred to in this Copyright Security Agreement as the “Security
Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (collectively, the “Copyright Collateral”): 

(a) all of such Grantor’s Copyrights and Copyright Intellectual Property Licenses to which it is a party including those referred to on
Schedule I; 
 (b) all renewals or extensions of the foregoing; and 

(c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future
infringement of any Copyright or any Copyright exclusively licensed under any Intellectual Property License, including the right to receive damages, or the right to receive license fees, royalties, and other compensation under any Copyright
Intellectual Property License. 
 3. SECURITY FOR SECURED OBLIGATIONS. This Copyright Security Agreement and the Security
Interest created hereby secures the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Copyright Security Agreement secures the payment of all
amounts which constitute part of the Secured Obligations and would be owed by Grantors, or any of them, to Collateral Agent, the other members of the Lender Group, or any of them, whether or not they are unenforceable or not allowable due to the
existence of an Insolvency Proceeding involving any Grantor. 
 4. SECURITY AGREEMENT. The Security Interest granted pursuant to
this Copyright Security Agreement is granted in conjunction with the security interests granted to Collateral Agent, for the benefit of the Lender Group, pursuant to the Guaranty and Security Agreement. Each Grantor hereby acknowledges and
affirms that the rights and remedies of Collateral Agent with respect to the Security Interest in the Copyright Collateral made and granted hereby are more fully set forth in the Guaranty and Security Agreement, the terms and provisions of which are
incorporated by reference herein as if fully set forth herein. To the extent there is any inconsistency between this Copyright Security Agreement and the Guaranty and Security Agreement, the Guaranty and Security Agreement shall control. 

5. AUTHORIZATION TO SUPPLEMENT. Grantors shall give Collateral Agent prior written notice of no less than five (5) Business Days before
filing any additional application for registration of any copyright and prompt notice in writing of any additional copyright registrations granted therefor after the date hereof. Without limiting Grantors’ obligations under this Section,
Grantors hereby authorize Collateral Agent unilaterally to modify this Copyright Security Agreement by amending Schedule I to include any future United States registered copyrights or applications therefor of each
Grantor. Notwithstanding the foregoing, no failure to so modify this Copyright Security Agreement or amend Schedule I shall in any way affect, invalidate or detract from Collateral Agent’s continuing security interest in all
Collateral, whether or not listed on Schedule I. 

  
 A-2 

 6. COUNTERPARTS. This Copyright Security Agreement is a Loan Document. This
Copyright Security Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall
constitute but one and the same Copyright Security Agreement. Delivery of an executed counterpart of this Copyright Security Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an
original executed counterpart of this Copyright Security Agreement. Any party delivering an executed counterpart of this Copyright Security Agreement by telefacsimile or other electronic method of transmission also shall deliver an original
executed counterpart of this Copyright Security Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Copyright Security Agreement. 

7. CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE PROVISION. THIS COPYRIGHT SECURITY AGREEMENT SHALL BE
SUBJECT TO THE PROVISIONS REGARDING CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE SET FORTH IN SECTION 25 OF THE GUARANTY AND SECURITY AGREEMENT, AND SUCH PROVISIONS ARE INCORPORATED HEREIN BY THIS REFERENCE, MUTATIS
MUTANDIS. 
 [signature page follows] 

  
 A-3 

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

							
	GRANTORS:	 		 	  

				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

			
		 		 	  

				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

			
		 		 	ACCEPTED AND ACKNOWLEDGED BY:
			
	COLLATERAL AGENT:	 		 	WELLS FARGO BANK, NATIONAL ASSOCIATION
				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

 [SIGNATURE PAGE TO COPYRIGHT SECURITY AGREEMENT] 

 SCHEDULE I 

to 
 COPYRIGHT SECURITY AGREEMENT

 Copyright Registrations 
  

									
	 Grantor
	 	 Country
	 	 Copyright
	  	 Registration No.
	  	 Registration Date

		 		 		  		  	
		 		 		  		  	
		 		 		  		  	
		 		 		  		  	
		 		 		  		  	
		 		 		  		  	
		 		 		  		  	
		 		 		  		  	

 Copyright Licenses 

 EXHIBIT B 

PATENT SECURITY AGREEMENT 

This PATENT SECURITY AGREEMENT (this “Patent Security Agreement”) is made this      day of
            , 20    , by and among Grantors listed on the signature pages hereof (collectively, jointly and severally, “Grantors” and each individually
“Grantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), in its capacity as collateral agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such
capacity, “Collateral Agent”). 
 W I T N E S S E T H:

 WHEREAS, pursuant to that certain Term Loan Credit Agreement dated as of April 15, 2016 (as amended, restated, supplemented, or otherwise
modified from time to time, the “Credit Agreement”) by and among Nuverra Environmental Solutions, Inc., a Delaware corporation, as borrower (“Borrower”), the lenders party thereto as “Lenders” (such
Lenders, together with their respective successors and assigns in such capacity, each, individually, a “Lender” and, collectively, the “Lenders”), and Wilmington Savings Fund Society, as administrative agent, the
Lender Group has agreed to make certain financial accommodations available to Borrower from time to time pursuant to the terms and conditions thereof; and 

WHEREAS, the members of the Lender Group are willing to make the financial accommodations to Borrower as provided for in the Credit Agreement
and the other Loan Documents, but only upon the condition, among others, that Grantors shall have executed and delivered to Collateral Agent, for the benefit of the Lender Group, that certain Guaranty and Security Agreement, dated as of April 15,
2016 (including all annexes, exhibits or schedules thereto, as from time to time amended, restated, supplemented or otherwise modified, the “Guaranty and Security Agreement”); and 

WHEREAS, pursuant to the Guaranty and Security Agreement, Grantors are required to execute and deliver to Collateral Agent, for the benefit of
the Lender Group, this Patent Security Agreement; 
 NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Grantor hereby agrees as follows: 

1. DEFINED TERMS. All initially capitalized terms used but not otherwise defined herein have the meanings given to them in the Guaranty
and Security Agreement or, if not defined therein, in the Credit Agreement, and this Patent Security Agreement shall be subject to the rules of construction set forth in Section 1(b) of the Guaranty and Security Agreement, which rules of
construction are incorporated herein by this reference, mutatis mutandis. 
 2. GRANT OF SECURITY INTEREST IN PATENT
COLLATERAL. Each Grantor hereby unconditionally grants, assigns, and pledges to Collateral Agent, for the benefit 

  
 B-1 

 
of each member of the Lender Group, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”)
in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (collectively, the “Patent Collateral”): 

(a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I;

 (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and 

(c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future
infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property
License. 
 3. SECURITY FOR SECURED OBLIGATIONS. This Patent Security Agreement and the Security Interest created hereby secures
the payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Patent Security Agreement secures the payment of all amounts which constitute part of the
Secured Obligations and would be owed by Grantors, or any of them, to Collateral Agent, the other members of the Lender Group, or any of them, whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding
involving any Grantor. 
 4. SECURITY AGREEMENT. The Security Interest granted pursuant to this Patent Security Agreement is
granted in conjunction with the security interests granted to Collateral Agent, for the benefit of the Lender Group, pursuant to the Guaranty and Security Agreement. Each Grantor hereby acknowledges and affirms that the rights and remedies of
Collateral Agent with respect to the Security Interest in the Patent Collateral made and granted hereby are more fully set forth in the Guaranty and Security Agreement, the terms and provisions of which are incorporated by reference herein as if
fully set forth herein. To the extent there is any inconsistency between this Patent Security Agreement and the Guaranty and Security Agreement, the Guaranty and Security Agreement shall control. 

5. AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patent application or issued patent or become entitled to
the benefit of any patent application or patent for any divisional, continuation, continuation-in-part, reissue, or reexamination of any existing patent or patent application, the provisions of this Patent Security Agreement shall automatically
apply thereto. Grantors shall give prompt notice in writing to Collateral Agent with respect to any such new patent rights. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize Collateral Agent unilaterally
to modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of each Grantor. Notwithstanding the foregoing, no failure to so modify this Patent Security Agreement or amend Schedule I shall in
any way affect, invalidate or detract from Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I. 

  
 B-2 

 6. COUNTERPARTS. This Patent Security Agreement is a Loan Document. This Patent
Security Agreement may be executed in any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall
constitute but one and the same Patent Security Agreement. Delivery of an executed counterpart of this Patent Security Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an
original executed counterpart of this Patent Security Agreement. Any party delivering an executed counterpart of this Patent Security Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed
counterpart of this Patent Security Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Patent Security Agreement. 

7. CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE PROVISION. THIS PATENT SECURITY AGREEMENT SHALL BE SUBJECT
TO THE PROVISIONS REGARDING CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE SET FORTH IN SECTION 25 OF THE GUARANTY AND SECURITY AGREEMENT, AND SUCH PROVISIONS ARE INCORPORATED HEREIN BY THIS REFERENCE, MUTATIS
MUTANDIS. 
 [signature page follows] 

  
 B-3 

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

					
	GRANTORS:	 	  

			
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

		
		 	  

			
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

		
		 	ACCEPTED AND ACKNOWLEDGED BY:
		
	COLLATERAL AGENT:	 	WELLS FARGO BANK, NATIONAL ASSOCIATION
			
		 	By:	 	  

		 	Name:	 	  

		 	Title:	 	  

 [SIGNATURE PAGE TO PATENT SECURITY AGREEMENT] 

 SCHEDULE I 

to 
 PATENT SECURITY AGREEMENT 

Patents 
  

									
	 Grantor
	  	 Country
	  	 Patent
	  	 Application/

Patent No.
	  	 Filing Date

		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

 Patent Licenses 

 EXHIBIT C 

PLEDGED INTERESTS ADDENDUM 

This Pledged Interests Addendum, dated as of             
    , 20     (this “Pledged Interests Addendum”), is delivered pursuant to Section 7 of the Guaranty and Security Agreement referred to below. The undersigned
hereby agrees that this Pledged Interests Addendum may be attached to that certain Guaranty and Security Agreement, dated as of April 15, 2016, (as amended, restated, supplemented, or otherwise modified from time to time, the “Guaranty
and Security Agreement”), made by the undersigned, together with the other Grantors named therein, to WELLS FARGO BANK, NATIONAL ASSOCIATION, as Collateral Agent. Initially capitalized terms used but not defined herein shall have the
meaning ascribed to such terms in the Guaranty and Security Agreement or, if not defined therein, in the Credit Agreement, and this Pledged Interests Addendum shall be subject to the rules of construction set forth in Section 1(b) of the
Guaranty and Security Agreement, which rules of construction are incorporated herein by this reference, mutatis mutandis. The undersigned hereby agrees that the additional interests listed on Schedule I shall be and become part of the
Pledged Interests pledged by the undersigned to Collateral Agent in the Guaranty and Security Agreement and any pledged company set forth on Schedule I shall be and become a “Pledged Company” under the Guaranty and Security
Agreement, each with the same force and effect as if originally named therein. 
 This Pledged interests Addendum is a Loan
Document. Delivery of an executed counterpart of this Pledged Interests Addendum by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this Pledged Interests
Addendum. If the undersigned delivers an executed counterpart of this Pledged Interests Addendum by telefacsimile or other electronic method of transmission, the undersigned shall also deliver an original executed counterpart of this Pledged
Interests Addendum but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Pledged Interests Addendum. 

The undersigned hereby certifies that the representations and warranties set forth in Section 6 of the Guaranty and Security Agreement
of the undersigned are true and correct as to the Pledged Interests listed herein on and as of the date hereof. 
 THIS PLEDGED INTERESTS
ADDENDUM SHALL BE SUBJECT TO THE PROVISIONS REGARDING CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE SET FORTH IN SECTION 25 OF THE GUARANTY AND SECURITY AGREEMENT, AND SUCH PROVISIONS ARE INCORPORATED HEREIN BY THIS
REFERENCE, MUTATIS MUTANDIS. 
 [signature page follows] 

  
 C-1 

 IN WITNESS WHEREOF, the undersigned has caused this Pledged Interests Addendum to be executed and
delivered as of the day and year first above written. 
  

	
	  

 

			
	By:	 	  

	Name:	 	  

	Title:	 	  

 [SIGNATURE PAGE TO PLEDGED INTERESTS ADDENDUM] 

 SCHEDULE I 

to 
 PLEDGED INTERESTS ADDENDUM 

Pledged Interests 
  

											
	 Name of Grantor
	 	 Name of Pledged
Company
	 	 Number of

Shares/Units
	  	 Class of

Interests
	  	 Percentage

of Class

Owned
	  	 Certificate

Nos.

		 		 		  		  		  	
		 		 		  		  		  	
		 		 		  		  		  	

 EXHIBIT D 

TRADEMARK SECURITY AGREEMENT 

This TRADEMARK SECURITY AGREEMENT (this “Trademark Security Agreement”) is made this      day of
            , 20    , by and among Grantors listed on the signature pages hereof (collectively, jointly and severally, “Grantors” and each individually
“Grantor”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Wells Fargo”), in its capacity as collateral agent for each member of the Lender Group (in such capacity, together with its successors and assigns in such
capacity, “Collateral Agent”). 
 W I T N E S S E T H: 

WHEREAS, pursuant to that certain Term Loan Credit Agreement dated as of April 15, 2016 (as amended, restated, supplemented, or otherwise
modified from time to time, the “Credit Agreement”) by and among Nuverra Environmental Solutions, Inc., a Delaware corporation, as borrower (“Borrower”), the lenders party thereto as “Lenders” (such
Lenders, together with their respective successors and assigns in such capacity, each, individually, a “Lender” and, collectively, the “Lenders”), and Wilmington Savings Fund Society, as administrative agent, the
Lender Group has agreed to make certain financial accommodations available to Borrower from time to time pursuant to the terms and conditions thereof; and 

WHEREAS, the members of the Lender Group are willing to make the financial accommodations to Borrower as provided for in the Credit Agreement
and the other Loan Documents, but only upon the condition, among others, that Grantors shall have executed and delivered to Collateral Agent, for the benefit of the Lender Group, that certain Guaranty and Security Agreement, dated as of April 15,
2016 (including all annexes, exhibits or schedules thereto, as from time to time amended, restated, supplemented or otherwise modified, the “Guaranty and Security Agreement”); and 

WHEREAS, pursuant to the Guaranty and Security Agreement, Grantors are required to execute and deliver to Collateral Agent, for the benefit of
the Lender Group, this Patent Security Agreement; 
 NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained
and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Grantor hereby agrees as follows: 

1. DEFINED TERMS. All initially capitalized terms used but not otherwise defined herein have the meanings given to them in the
Guaranty and Security Agreement or, if not defined therein, in the Credit Agreement, and this Trademark Security Agreement shall be subject to the rules of construction set forth in Section 1(b) of the Guaranty and Security Agreement, which
rules of construction are incorporated herein by this reference, mutatis mutandis. 

  
 D-1 

 2. GRANT OF SECURITY INTEREST IN TRADEMARK COLLATERAL. Each Grantor hereby
unconditionally grants, assigns, and pledges to Collateral Agent, for the benefit of each member of the Lender Group, to secure the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the
“Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (collectively, the “Trademark Collateral”): 

(a) all of its Trademarks and Trademark Intellectual Property Licenses to which it is a party including those referred to on Schedule
I; 
 (b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each Trademark Intellectual
Property License; and 
 (c) all products and proceeds (as that term is defined in the Code) of the foregoing, including any claim by such
Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any Intellectual Property License, including right to receive any damages, (ii) injury to
the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any Trademark Intellectual Property License. 

3. SECURITY FOR SECURED OBLIGATIONS. This Trademark Security Agreement and the Security Interest created hereby secures the
payment and performance of the Secured Obligations, whether now existing or arising hereafter. Without limiting the generality of the foregoing, this Trademark Security Agreement secures the payment of all amounts which constitute part of the
Secured Obligations and would be owed by Grantors, or any of them, to Collateral Agent, the other members of the Lender Group, or any of them, whether or not they are unenforceable or not allowable due to the existence of an Insolvency Proceeding
involving any Grantor. 
 4. SECURITY AGREEMENT. The Security Interest granted pursuant to this Trademark Security Agreement is
granted in conjunction with the security interests granted to Collateral Agent, for the benefit of the Lender Group, pursuant to the Guaranty and Security Agreement. Each Grantor hereby acknowledges and affirms that the rights and remedies of
Collateral Agent with respect to the Security Interest in the Trademark Collateral made and granted hereby are more fully set forth in the Guaranty and Security Agreement, the terms and provisions of which are incorporated by reference herein as if
fully set forth herein. To the extent there is any inconsistency between this Trademark Security Agreement and the Guaranty and Security Agreement, the Guaranty and Security Agreement shall control. 

5. AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new trademarks, the provisions of this Trademark Security
Agreement shall automatically apply thereto. Grantors shall give prompt notice in writing to Collateral Agent with respect to any such new trademarks or renewal or extension of any trademark registration. Without limiting Grantors’ obligations
under this Section, Grantors hereby authorize Collateral Agent unilaterally to modify this Trademark Security Agreement by amending Schedule I to include any such new trademark rights of each Grantor. Notwithstanding the foregoing, no
failure to so modify this Trademark Security Agreement or amend Schedule I shall in any way affect, 

  
 D-2 

 
invalidate or detract from Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I. 

6. COUNTERPARTS. This Trademark Security Agreement is a Loan Document. This Trademark Security Agreement may be executed in
any number of counterparts and by different parties on separate counterparts, each of which, when executed and delivered, shall be deemed to be an original, and all of which, when taken together, shall constitute but one and the same Trademark
Security Agreement. Delivery of an executed counterpart of this Trademark Security Agreement by telefacsimile or other electronic method of transmission shall be equally as effective as delivery of an original executed counterpart of this
Trademark Security Agreement. Any party delivering an executed counterpart of this Trademark Security Agreement by telefacsimile or other electronic method of transmission also shall deliver an original executed counterpart of this Trademark
Security Agreement but the failure to deliver an original executed counterpart shall not affect the validity, enforceability, and binding effect of this Trademark Security Agreement. 

7. CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE PROVISION. THIS TRADEMARK SECURITY AGREEMENT SHALL BE
SUBJECT TO THE PROVISIONS REGARDING CHOICE OF LAW AND VENUE, JURY TRIAL WAIVER, AND JUDICIAL REFERENCE SET FORTH IN SECTION 25 OF THE GUARANTY AND SECURITY AGREEMENT, AND SUCH PROVISIONS ARE INCORPORATED HEREIN BY THIS REFERENCE, MUTATIS
MUTANDIS. 
 [signature page follows] 

  
 D-3 

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

							
	GRANTORS:	 		 	  

				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

			
		 		 	  

				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

			
		 		 	ACCEPTED AND ACKNOWLEDGED BY:
			
	COLLATERAL AGENT:	 		 	WELLS FARGO BANK, NATIONAL ASSOCIATION
				
		 		 	By:	 	  

		 		 	Name:	 	  

		 		 	Title:	 	  

 [SIGNATURE PAGE TO TRADEMARK SECURITY AGREEMENT] 

 SCHEDULE I 

to 
 TRADEMARK SECURITY AGREEMENT

 Trademark Registrations/Applications 
  

									
	 Grantor
	  	 Country
	  	 Mark
	  	 Application/

Registration No.
	  	 App/Reg Date

		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

 Trade Names 

Common Law Trademarks 

Trademarks Not Currently In Use 

Trademark Licenses 

 EXHIBIT E 

CUSTODIAL AGREEMENT 
 The
Custodial Agreement (“Agreement”) is made and entered into as of             , 20     by and among
                    , Wells Fargo Bank, National Association, as collateral agent (the “Secured Party”), and
                     (the “Company”). 

RECITALS 
 A. Reference is made to that
certain Term Loan Credit Agreement dated as of April 15, 2016, which was made and entered into by and among Nuverra Environmental Solutions, Inc., as the borrower, Wilmington Savings Fund Society, FSB, as agent for certain lenders, the lenders from
time to time party thereto (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”). 

B. Pursuant to the terms of the Credit Agreement and the other Loan Documents, Debtors are required to provide to the Secured Party a
perfected, first priority security interest in certain equipment and vehicles subject to certificates of title now owned by or hereafter acquired by any Debtor (the “Vehicles”), including without limitation, the equipment and vehicles
which are subject to certificates of title and listed on Schedule A to the Appraisal Certificate (the “Appraisal Certificate”), dated as of the date hereof, by Borrower in favor of the Secured Party (a copy of which has been
delivered to Collateral Agent) (as updated from time to time in accordance with Section 3.3). 
 C.
                    , together with any of its agents or designees, and any successor in such capacity (the “Collateral Agent”), has agreed
to act as Collateral Agent with respect to the Vehicles for the benefit of the Secured Party pursuant to the terms of this Agreement. 

Now, therefore, in consideration of the covenants and agreements set forth herein, the parties agree as follows: 

1. DEFINITIONS 
 All capitalized terms used but not otherwise
defined herein have the meanings given to them in the Credit Agreement. The following terms shall have the following respective meanings (such meanings being equally applicable to both the singular and plural form of the terms defined): 

“Certificate” means, with respect to a Vehicle, the certificate of title or equivalent certificate or document, issued by the
relevant Jurisdiction, evidencing ownership of the Vehicle. 
 “Debtors” means the Company and any of its subsidiaries or
affiliates that are required to provide to Secured Party a perfected, first priority security interest in its Vehicles pursuant to the Loan Documents. 

“Jurisdiction” means, with respect to a Vehicle, the state, commonwealth, province, territory, county, or other governmental
entity that is responsible for issuing the Certificate for such Vehicle. 

 “Loan Documents” means the Loan Documents, as that term is defined in the Credit
Agreement. 
 “Released Vehicle” means any Vehicle with respect to which the Secured Party’s Lien is to be released
pursuant to Section 3.2.2. 
 “Required Perfection Documents” means, with respect to any Vehicle, the
Certificate with respect to such Vehicle, and any title applications and other documentation necessary to be delivered to the Jurisdiction with respect to such Vehicle in order to perfect the Secured Party’s security interest in such Vehicle.

 “Required Release Documents” means, with respect to a Released Vehicle, any document or certificate (including, but not
limited to, the Certificate) that Collateral Agent reasonably believes to be necessary in order to have the Secured Party’s Lien released and removed from the relevant Certificate. 

“Required Signatures” means, in the case of a Certificate, the signatures, and notarial acknowledgements if applicable, to
any Required Perfection Documents or any Required Release Documents that Collateral Agent reasonably believes to be necessary in order to have such Certificate processed by the relevant Jurisdiction to reflect the perfection of, or release of, the
Secured Party’s Lien. Where allowed by the relevant Jurisdiction, the Required Signatures may be in the form of a stamp, or may be the signature of Collateral Agent acting with power of attorney for the Secured Party as provided in
Section 6, or Secured Party acting with power of attorney for the Debtors granted under the Credit Agreement or the Loan Documents. 

“Vehicle Collateral” means any Certificates relating to the Vehicles. 

2. PERFECTION OF LIENS IN VEHICLES. 
 (a)
Perfection of Current Vehicles. 
 Collateral Agent hereby represents to Secured Party that on the date hereof, (a) it has possession
of (or in Jurisdictions with electronic titles, access to) the Certificates for each of the Vehicles set forth on Schedule A to the Appraisal Certificate that are marked under both Column “[    ]”
([                    ] Received Original Certificate”) and Column “[    ]” (Wells Fargo as Lienholder) thereof
with a “Y”, and each such Certificate reflects Secured Party as the first priority lienholder, and (b) it has possession of (or in Jurisdictions with electronic titles, access to) the Certificates for each Vehicle set forth on Schedule
A to the Appraisal Certificate that are marked under Column “[    ]” ([    ] Received Original Certificate”) thereof with a “Y” and Column “[    ]”
(Wells Fargo as Lienholder) thereof with a “N” or blank, which Certificates do not yet reflect Secured Party as a first priority lienholder. Collateral Agent hereby agrees to prepare all Required Perfection Documents with respect to each
of the Certificates described in clause (b) of the immediately preceding sentence and submit all such Required Perfection Documents in accordance with the provisions of Section 2.2. The Company represents that, as of the date hereof, the
Certificates and Required Perfection Documents for each of the Vehicles set forth on Schedule A to the Appraisal Certificate that are marked under Column “[    ]” ([    ] Received Copy”)
thereof with a “Y” have been submitted to the applicable Jurisdictions, together with the applicable fees required by such Jurisdictions. The Company hereby agrees that upon 

  
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receipt of the Certificates for the Vehicles described in the immediately preceding sentence following processing by the applicable Jurisdictions, the Company shall promptly deliver such
Certificates to the Collateral Agent. Collateral Agent and the Company each hereby represent to Secured Party that as of the date hereof, there are no Vehicles which are subject to certificates of title listed on the Appraisal Certificate for which
Collateral Agent has not received an original Certificate (or in Jurisdictions with electronic titles, access to) or for which a Certificate has been submitted to the applicable Jurisdiction for processing to be returned to Collateral Agent. 

(b) Perfection of Subsequent Vehicles. 

With respect to any Certificates received by Collateral Agent which do not reflect the Secured Party as a first priority lienholder,
Collateral Agent shall prepare all Required Perfection Documents with respect thereto and submit all such Required Perfection Documents and required fees via hand delivery or overnight Federal Express to the Jurisdiction with respect to such
Certificates within a reasonable and agreed upon timeframe. 
 3. APPOINTMENT AND AUTHORIZATION OF COLLATERAL AGENT; DUTIES OF COLLATERAL AGENT. 

(a) Appointment and Authorization. 

Secured Party hereby designates and appoints
                     to act as Collateral Agent under this Agreement with respect to the Vehicle Collateral. Secured Party hereby authorizes the
Collateral Agent, and Collateral Agent hereby agrees, (a) to take custody of the Certificates, (b) perform any such administrative duties and obligations with respect to the Vehicles and the Certificates as expressly delegated to the Collateral
Agent in this Agreement, and (c) to otherwise deal with the Vehicle Collateral as expressly requested by Secured Party in writing. The parties hereto acknowledge and agree that in providing agent services hereunder, the Collateral Agent is acting as
an independent contractor, and not as a fiduciary of any other party hereto. 
 (b) Certificates. 

 

	 	(i)	Custody of Certificates. 

 All processed Certificates received by Collateral Agent
following processing by a Jurisdiction, shall be maintained by Collateral Agent in a segregated, fireproof location throughout the term of this Agreement, subject only to the processing or release thereof pursuant to the terms of Section
3.2.2 of this Agreement, or the delivery thereof upon the express written instructions of Secured Party pursuant to the terms of Sections 8.1 and 8.2 of this Agreement. 

 

	 	(ii)	Releases. 

 The Collateral Agent agrees that within two (2) Business Days of receipt of
a notice from an authorized officer of the Secured Party instructing Collateral Agent to release the Secured Party’s Lien from the Certificates respecting one or more Vehicles (a “Release Designation”), Collateral Agent shall: (i)
prepare, in form ready for execution by each necessary party, all necessary Certificates or associated lien documents with the appropriate Required Signatures, and (ii) deliver each Certificate or associated lien document designated for release
together with 

  
 3 

 
the appropriate signature for release to the party identified by Secured Party in such designation or, if there is no such party, to the Company. Notwithstanding the foregoing, in the event the
Collateral Agent receives instructions from any Secured Party to release more than five hundred (500) titles, the Collateral Agent shall have an additional two (2) Business Days to comply with this Section 3.2.2 for each additional set of five
hundred (500) titles. 
 (c) Records; Reports. 

On a monthly basis, on the first business day of each month, the Collateral Agent shall deliver to Secured Party and to the Company an update
to Schedule A to the Appraisal Certificate showing the status of each Certificate listed therein. In addition, the Collateral Agent shall provide to Secured Party and to the Company (at the Company’s expense) such other information
relating to the Certificates, the Vehicles and the performance of the Collateral Agent’s duties as such persons may reasonably request from time to time, but Collateral Agent shall not be required to provide any such other requested information
that is not already within its possession or knowledge. 
 4. ACCESS TO AND REVIEW OF CERTIFICATES. 

Secured Party shall have the right, from time to time during Collateral Agent’s normal business hours, upon two (2) days prior written
notice, to visit the premises of Collateral Agent and to make on-site audits, to review the Certificates and the Collateral Agent’s records relating thereto, and to make notes and copies (at the Company’s expense) of the same, solely for
the purpose of verifying Collateral Agent’s compliance with its obligations under this Agreement. Any such audit and review conducted by Secured Party shall be conducted in such a way so as to not unreasonably interfere with Collateral
Agent’s operations. The entity conducting the audit or review shall execute a written non-disclosure agreement with Collateral Agent before conducting any such audit or review at Collateral Agent’s premises whereby that entity agrees not
to disclose any information learned in the audit or review to any third party, nor to use any such information except for the limited purpose of verifying Collateral Agent’s compliance with its obligations under this Agreement. Prior to the
occurrence of an Event of Default under the Credit Agreement or under this Agreement, such visits shall not occur more frequently than four times annually. 

5. FEES AND CHARGES. 
 The Company is
responsible for the fees and charges set forth on Schedule I and Schedule II attached hereto. Such fees and charges set forth on Schedule I shall be paid in the following manner: (i) title storage fees will be paid annually from
the date of receipt of the title; and (ii) title maintenance fees will be paid transactionally as services are rendered, and may be modified upon thirty (30) days written notice. Such fees and charges set forth on Schedule II shall be paid to
the Collateral Agent in the following manner: (i) one half (1/2) of the estimated fees will be paid to the Collateral Agent prior to delivery of the Certificates to the offices of the appropriate Jurisdiction; and (ii) the remainder will be billed
monthly as receipts are issued and delivered to the Collateral Agent by the offices of the appropriate Jurisdiction. If, and to the extent that, the Company fails to pay any amount payable under this Agreement, the Secured Party shall make such
payments (which shall be charged to the Company and become part of the Obligations under the Credit Agreement). All fees and charges are non-refundable. 

  
 4 

 6. POWER OF ATTORNEY. 

As outlined in Exhibit A, and subject in all instances to the terms and conditions of this Agreement, each of the Company and the
Secured Party hereby appoints the Collateral Agent as its attorney in fact to sign, on its behalf, any Required Perfection Documents and any Required Release Documents including but not limited to the Certificates. This power, coupled with an
interest, is irrevocable so long as this Agreement remains in effect. On the date hereof the Secured Party shall, and the Company shall cause each Debtor to, execute and deliver to the Collateral Agent a power of attorney (each a “Power of
Attorney” substantially in the form attached hereto as Exhibit A. 
 7. INDEMNIFICATION, LIMITATION OF LIABILITY. 

(a) The Company agrees to pay, indemnify, defend, and hold Secured Party and Collateral Agent and each of their officers, directors,
employees, affiliates, counsel, agents, and attorneys-in-fact (each an “Indemnified Person”) harmless (to the fullest extent permitted by law) from and against any and all claims, demands, suits, actions, investigations, proceedings, and
damages, and all reasonable attorney’s fees and disbursements and other costs and expenses actually incurred in connection therewith (as and when they are incurred and irrespective of whether suit is brought), at any time asserted against,
imposed upon, or incurred by any of them in connection with or as a result of or related to the execution, delivery, enforcement, performance, and administration of this Agreement, the transactions contemplated herein, or any act, omission, event or
circumstance in any manner related thereto (all of the foregoing, collectively, the “Indemnified Liabilities”). The undertaking in this Section 7.1 shall survive the payment of all Obligations (as defined in the Credit Agreement) to
the Secured Party and the resignation or replacement of the Collateral Agent after the date of such termination, resignation or replacement. 

(b) LIMITATION OF LIABILITY. IN NO EVENT SHALL COLLATERAL AGENT, SECURED PARTY OR ANY OTHER INDEMNIFIED PERSON BE LIABLE TO THE COMPANY FOR
ANY SPECIAL, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING WITHOUT LIMITATION ANY SUCH DAMAGES RESULTING FROM LOSS OF A LIEN OR THE PRIORITY THEREOF, OR LOST BUSINESS OPPORTUNITY OR LOST PROFITS), INCURRED IN CONNECTION WITH OR
AS A RESULT OF OR RELATED TO THE EXECUTION, DELIVERY, ENFORCEMENT, PERFORMANCE, AND ADMINISTRATION OF THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREIN, ANY ACT, OMISSION, EVENT OR CIRCUMSTANCE IN ANY MANNER RELATED THERETO. 

8. TERMINATION; REMOVAL OR RESIGNATION OF COLLATERAL AGENT. 

(a) Termination. Unless otherwise earlier terminated as provided in Section 8.2, this Agreement shall terminate upon the
Collateral Agent’s receipt of written notice from Secured Party confirming that all Obligations (as defined in the Credit Agreement) have been repaid in full (the “Termination Date”). Upon receipt of such notice, Collateral Agent
shall, upon the request of the Company, execute all Required Release Documents and deliver the Certificates to the Company or its designee. If the Company fails to pay for Collateral Agent’s expenses associated with executing all Required
Release Documents and delivery of the Certificates to the 

  
 5 

 
Company or its designee, such fees shall promptly be paid to Collateral Agent by the Secured Party so long as the Secured Party has received an invoice therefor before delivery of the
Certificates to the Company. 
 (b) Removal; Resignation. Secured Party shall have the right to remove Collateral Agent at any time
by giving written notice of such termination to Collateral Agent and the Company. Collateral Agent may resign at any time by giving at least ninety (90) days’ advance written notice of such resignation to Secured Party and the Company;
provided, however, that, if such resignation occurs prior to the receipt of a notice of termination as provided in Section 8.1 above, for any reason other than the inability of the Collateral Agent to continue to act in such
capacity as a result of a change in law after the date hereof (as specified in a written opinion of counsel reasonably acceptable to Secured Party) or the non-payment of the fees and charges payable to Collateral Agent pursuant to Section 5
of this Agreement, no removal or resignation shall be effective until a successor collateral agent is appointed by the Secured Party and the removed or resigning Collateral Agent shall have caused each Certificate to be delivered to such successor
together with all documents and certificates necessary, completed as necessary, in order for the successor collateral agent to perform its role hereunder. Upon the effectiveness of such removal or resignation, such successor collateral agent shall
succeed to all of the rights, powers, and duties hereunder of its predecessor, and the predecessor Collateral Agent’s rights, powers and duties hereunder shall be terminated. 

(c) Reinstatement. This Agreement shall remain in full force and effect and continue to be effective should any petition be filed by or
against any Debtor for liquidation or reorganization, should any Debtor become insolvent or make an assignment for the benefit of any creditor or creditors or should a receiver or trustee be appointed for all or any significant part of any
Debtor’s assets, and shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Obligations, or any part thereof, is, pursuant to applicable law, rescinded or reduced in amount, or must
otherwise be restored or returned by any obligee of the Obligations, whether as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment or performance had not been made. In the event that any
payment, or any part thereof, is rescinded, reduced, restored or returned, the Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 

9. MISCELLANEOUS 
 (a) Choice of Law.
This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, excluding that body of law relating to choice of laws. 

(b) Notice. Whenever it is provided herein that any notice, demand, request, consent, approval, declaration, or other communication
shall or may be given to or served upon any of the parties hereto, or whenever any of the parties desires to give or serve upon the other communication with respect to this Agreement, each such notice, demand, request, consent, approval,
declaration, or other communication shall be in writing and shall be delivered by hand or by a recognized overnight mail service, addressed as follows: 

  
 6 

			
	If to Collateral Agent: at	  	 [                    ]

Attn: [                    ]

Phone: [                    ]

Fax: [                    ]

		
	With Copies to:	  	 [                    ]

Attn: [                    ]

		
	If to Secured Party: at	  	 Wells Fargo Bank, N.A., as Agent
 1100 Abernathy
Road
 Suite 1600
 Atlanta, Georgia 30328

Attention: Account Manager - Nuverra

		
	If to the Company, at:	  	 c/o Nuverra Environmental Solutions, Inc.
 14624
North Scottsdale Road
 Suite 300
 Scottsdale, Arizona
85254

 or at such other address as may be substituted by notice given as herein provided. 

Giving of any notice required hereunder may be waived in writing by the party entitled to receive such notice. Every notice, demand, request, consent,
approval, declaration or other communication hereunder shall be deemed to have been duly served, given or delivered upon (1) 
 Business Day after deposit
with a reputable overnight courier with all charges prepaid or, when delivered, if hand-delivered by messenger. 
 (c) Severability.
Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under applicable law, but if any provision of this Agreement shall be prohibited by or invalid under applicable law, such provision
shall be ineffective to the extent of such prohibition or invalidity, without invalidating the remainder of such provision or the remaining provisions of this Agreement. 

(d) Complete Agreement. This Agreement constitutes the complete agreement and understanding of each of the parties hereto, and
supersedes all prior or contemporaneous oral and written negotiations, agreements and understandings, express or implied, with respect to the subject matter hereof 

(e) Amendment. This Agreement may be amended, modified, or waived only in a writing signed by Secured Party and Collateral Agent. 

(f) Counterparts. This Agreement may be executed in any number of counterparts, and by the parties each in separate counterparts, each
of which shall be an original, but all of which shall together constitute one and the same Agreement. In proving this Agreement or any other Loan Document in any judicial proceedings, it shall not be necessary to produce or account for more than one
such counterpart signed by the party against whom such enforcement is 

  
 7 

 
sought. Any signatures delivered by a party by facsimile transmission shall be deemed an original signature hereto. 

(g) Waiver of Jury Trial. EACH OF THE PARTIES HERETO HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR
CAUSE OF ACTION ARISING UNDER THIS AGREEMENT OR THE TRANSACTIONS RELATED HERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER SOUNDING IN CONTRACT OR TORT OR OTHERWISE. 

[Signature page follows.] 

  
 8 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of the
date first herein above set forth. 
  

											
	COLLATERAL AGENT:	 		 	SECURED PARTY:
				
	COLLATERAL AGENT:	 		 		 	SECURED PARTY:
				
	[                    ]	 		 		 	WELLS FARGO BANK, NATIONAL ASSOCIATION
						
	By:	 	  
	 		 		 	By:	 	  

	Its:	 	  
	 		 		 	Its:	 	  

		
	COMPANY:	 	
		
	[                    ].	 	
						
	By:	 	  
	 		 		 		 	
	Its:	 	  
	 		 		 		 	
					
		 		 		 		 	Collateral Agency Agreement

 [SIGNATURE PAGE TO CUSTODIAL AGREEMENT] 

 EXHIBIT A 

POWER OF ATTORNEY FOR MOTOR VEHICLE FILINGS 

KNOW ALL MEN BY THESE PRESENTS THAT
                                         

(hereinafter referred to as the “Principal”), a [corporation] [limited liability company] with its principal place of business at the address
last set forth below, authorizes [                    ], a
[                    ] with offices at
[                    ], to act as its attorney-in-fact for the limited purpose of preparing, executing and filing in the Principal’s name any
original title applications and other such motor vehicle lien forms (hereinafter referred to collectively as (“Motor Vehicle Forms”) as the Principal may request. This Power of Attorney will remain in full force and effect until due notice
of its revocation is given by the Principal to the Attorney by registered mail. 
 IN WITNESS WHEREOF, the Principal has caused this instrument to be
executed by a duly authorized representative as of the date set forth below. 
 Principal (legal name and address): 

 

	
	  

	  

	  

	  

  

			
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	 Date:
	 	  

 Sworn to and subscribed before me on this      day of
            . 
  

	
	  

	 NOTARY PUBLIC

	
	 My Commission Expires:

	
	  

  
 10 

 Schedule I 

All of the following fees are charged per title: 

[                    ] 

  
 11 

 Schedule II 

(Cost Estimate) 

[                    ] 

  
 12

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