Document:

EX-10.1

 Exhibit 10.1 

Execution Version 

AMENDMENT NO. 1, dated as of October 4, 2022 (this “Amendment No. 1), to the Credit Agreement, dated as
of August 10, 2021 (the “Original Credit Agreement”), by and among DORMAN PRODUCTS, INC., a Pennsylvania corporation (the “Borrower”), the Subsidiary Guarantors party hereto, the AMENDMENT NO. 1 TERM LOAN
LENDERS party hereto (as defined below), the REVOLVING CREDIT LENDERS party hereto, the DEPARTING LENDER (as defined below) and BANK OF AMERICA, N.A., a national banking association, as Administrative Agent (the “Administrative
Agent”). 
 WHEREAS, the Borrower has requested an amendment to the Original Credit Agreement on the terms set forth
herein; 
 WHEREAS, the Borrower has requested that Amendment No. 1 Term Loan Commitments (as defined in the Credit Agreement)
be established under the Credit Agreement, the proceeds of which are expected to be used, in part, to finance the acquisition by Borrower of Super ATV, an Indiana limited liability company (“Super ATV”), pursuant to that certain
unit purchase agreement dated as of August 17, 2022 (the “Super ATV Acquisition Agreement”), by and among the Borrower, Super ATV, Sellers (as defined therein) party thereto and the Sellers’ Representative (as defined
therein), pursuant to which the Borrower will acquire all the units of membership of Super ATV (the “Super ATV Acquisition”); 

WHEREAS, each Lender that executes and delivers a signature page to this Amendment No. 1 in the capacity of an “Amendment
No. 1 Term Loan Lender” shall make term loans to the Borrower pursuant to Section 2.1(b) of the Credit Agreement on the Amendment No. 1 Effective Date (as defined below); 

WHEREAS, each Revolving Credit Lender party hereto that was party to the Original Credit Agreement immediately prior to the Amendment
No. 1 Effective Date agrees to extend the Revolving Credit Maturity Date as part of the amendments to the Original Credit Agreement set forth in the Credit Agreement attached as Exhibit A hereto; 

WHEREAS, each Person that was not a Revolving Credit Lender immediately prior to the Amendment No. 1 Effective Date that executes
this Amendment No. 1 in the capacity as a Revolving Credit Lender shall be deemed to have a Revolving Credit Commitment from and after the Amendment No. 1 Effective Date on Schedule 1.1(b) to the Credit Agreement. 

WHEREAS, the Borrower has requested the requisite Lenders and the Administrative Agent agree to make certain other amendments to the
Original Credit Agreement; and 
 WHEREAS, each of Bank of America, N.A. (“BofA”), Wells Fargo Securities,
LLC (“Wells Fargo Securities”), PNC Capital Markets LLC (“PNCCM”) and BMO Capital Markets Corp. (“BMO Capital Markets”) will act as a joint bookrunner and a joint lead arranger in connection
with this Amendment No. 1 (in each case, in such capacities, individually, an “Amendment No. 1 Lead Arranger” and, collectively, the “Amendment No. 1 Lead Arrangers”). 

 NOW, THEREFORE, in consideration of the promises and mutual agreements herein
contained, the Borrower, the Amendment No. 1 Term Loan Lenders party hereto, the Revolving Credit Lenders party hereto, the Departing Lender party hereto and the Administrative Agent hereby agree as follows: 

SECTION 1. Defined Terms. Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Credit
Agreement (as defined below). 
 SECTION 2. Reallocation . Each Person that executes this Amendment No. 1 in the capacity of a
Revolving Credit Lender agrees that, upon effectiveness of this Amendment No. 1, such Person’s Revolving Credit Commitment is as set forth on Schedule 1.1(b) attached hereto. If (x) such Person was not a Lender immediately
prior to the effectiveness of this Amendment and is a Lender immediately after giving effect to this Amendment (a “New Lender”) or (y) any such Lender’s Revolving Credit Commitment as set forth on such Schedule
1.1(b) is higher than such Lender’s Revolving Credit Commitment immediately prior to the effectiveness of this Amendment (an “Increased Lender”), subject to the satisfaction of the conditions set forth in
Section 4 of this Amendment, such Revolving Credit Lender agrees to fund on the Amendment No. 1 Effective Date such amounts to the Administrative Agent to the extent necessary so that its Revolving Credit Loans have
been funded by such Lender in accordance with its Revolving Credit Commitment Percentage and to acquire (on a ratable basis from the Decreased Lenders (as defined below)) participations in Letters of Credit so that such Lender’s participations
therein are in accordance with its Revolving Credit Commitment Percentage. Any such amounts received by the Administrative Agent shall be disbursed to each Lender whose Revolving Credit Commitment as set forth on Schedule 1.1(b) is lower than
its Revolving Credit Commitment immediately prior to the effectiveness of this Amendment No. 1 (each such Lender, a “Decreased Lender”), so that after such fundings and disbursements the Revolving Credit Loans have been funded
in accordance with each Lender’s Revolving Credit Commitment Percentage. Each Lender (in its capacity as such as a signatory to this Amendment) waives, solely with respect to any payments made pursuant to the immediately preceding sentence and
no other payments: (w) the payment of any indemnity amounts pursuant to Section 5.9 of the Credit Agreement, (x) delivery of any Notices of Borrowing and notices of prepayment, solely in connection with the
adjustments pursuant to this paragraph and (y) minimum borrowing and prepayment amounts, solely in connection with the adjustments pursuant to this paragraph and (z) any provisions of Section 5.6 of the Credit
Agreement that would otherwise be applicable. For the avoidance of doubt, it is agreed and understood, and the Borrower hereby acknowledges, that JPMorgan Chase Bank, N.A. (the “Departing Lender”), as of Amendment No. 1 Effective
Date, will no longer be a Lender under the Credit Agreement. 
 SECTION 3. Amendments. 

(a)    The Original Credit Agreement is, effective as of the Amendment No. 1 Effective Date, hereby amended to delete
the stricken text (indicated textually in the same manner as the following example: stricken text) and to add
the double-underlined text (indicated textually in the same manner as the following example: double-underlined
text) as set forth in the pages of the Credit Agreement attached as Exhibit A hereto (the “Credit Agreement”). 

(b)    The Schedule 1.1(b) to the Credit Agreement is, effective as of the Amendment No. 1 Effective Date,
hereby amended and restated in its entirety as set forth on Schedule 1.1(b) hereto. 
 (c)    Effective as of the
Amendment No. 1 Effective Date, (i) Exhibit B, 

  
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Exhibit D, Exhibit E and Exhibit F to the Credit Agreement are each hereby amended and restated in their entirety as set forth on Exhibit B hereto and
(ii) Exhibit A-3 set forth on Exhibit B hereto is added as Exhibit A-3 to the Credit Agreement. 

SECTION 4. Effectiveness of Amendment No. 1. The obligation of the Lenders to consummate this Amendment No. 1,
to make the Amendment No. 1 Term Loans and extend the maturity of the Revolving Credit Commitments as contemplated by this Amendment No. 1, is subject to the satisfaction of each of the following conditions and this Amendment No. 1
shall become effective on the date on which each such condition is satisfied (the “Amendment No. 1 Effective Date”): 

(a)    Executed Loan Documents. The Administrative Agent shall have received executed counterparts to the Amendment
No. 1 from each of the Borrower, the Subsidiary Guarantors, the Amendment No. 1 Term Loan Lenders and the Revolving Credit Lenders, a Term Loan Note in favor of each Amendment No. 1 Term Loan Lender requesting a Term Loan Note,
supplements to the Collateral Agreement and the Subsidiary Guaranty Agreement and IP Security Agreements (as defined below) (if applicable) with respect to Super ATV and each of its Subsidiaries that shall become a Subsidiary Guarantor on the date
hereof (collectively, the “New Guarantors”), together with any other applicable Loan Documents, shall have been duly authorized, executed and delivered to the Administrative Agent by the parties thereto and shall be in full force
and effect. 
 (b)    Closing Certificates; Etc. The Administrative Agent shall have received each of the
following: 
 (i)    Officer’s Certificate. Each of the following conditions in clauses (A) through
(C) shall be satisfied and a Responsible Officer of the Borrower shall have certified thereto in an officer’s certificate delivered to the Administrative Agent: 

(A)    Each of the Specified Representations and the Specified ATV Acquisition Agreement Representations
are true and correct in all material respects (or in each case in all respects if already qualified by materiality) as of the Amendment No. 1 Effective Date. 

(B)    The Super ATV Acquisition Agreement shall be in full force and effect. The Super ATV Acquisition
shall have been consummated, or substantially concurrently with the Amendment No. 1 Effective Date, shall be consummated, in all material respects in accordance with the terms of the Super ATV Acquisition Agreement, without giving effect to any
modifications or amendments thereto or consents or waivers thereto by the Borrower or any of its Affiliates that are material and adverse to the Lenders (in their respective capacities as such) or the Amendment No. 1 Lead Arrangers without the
prior consent of the Amendment No. 1 Lead Arrangers (such consent not to be unreasonably withheld, delayed or conditioned). For purposes of the foregoing condition, it is hereby understood and agreed that (a) any increase of up to 10% of
the purchase price in connection with the Super ATV Acquisition shall not be deemed to 

  
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be material and adverse to the interests of the Lenders and the Amendment No. 1 Lead Arrangers so long as any such increase in purchase price is funded on a dollar for dollar basis by (i) cash-on-hand of the Borrower, (ii) cash proceeds of or the issuance by the Borrower of, common Equity Interests of the Borrower or (iii) cash proceeds of or
the issuance by the Borrower of preferred Equity Interests of the Borrower on terms satisfactory to the Amendment No. 1 Lead Arrangers in their reasonable discretion, (b) any change to the definitions of Company Group Material Adverse
Effect, Financial Statements, Audited Financial Statements or Unaudited Financial Statements (in each case in this clause (b) as defined in the Super ATV Acquisition Agreement as in effect on August 17, 2022) shall be deemed material and
adverse to the Lenders and the Amendment No. 1 Lead Arrangers, and (c) any modifications to any of the provisions relating to the Administrative Agent’s, any Amendment No. 1 Lead Arranger’s or any Lender’s liability,
jurisdiction, waiver of jury trial, governing law, venue or status as a third party beneficiary under the Super ATV Acquisition Agreement, in each case, shall be deemed to be material and adverse to the interests of the Lenders and the Amendment
No. 1 Lead Arrangers. 
 (C)    There shall not have occurred since August 17, 2022, a
Material Adverse Effect (as defined in the Super ATV Acquisition Agreement as in effect on August 17, 2022). 

(ii)    Certificate of a Responsible Officer of Each Credit Party and New Guarantor. A certificate of a
Responsible Officer, secretary or assistant secretary of each Credit Party and New Guarantor certifying as to the incumbency and genuineness of the signature of each officer of such Credit Party and New Guarantor executing Loan Documents to which it
is a party and certifying that attached thereto is a true, correct and complete copy of (A) the articles or certificate of incorporation or formation (or equivalent), as applicable, of such Credit Party and New Guarantor and all amendments
thereto, certified as of a recent date by the appropriate Governmental Authority in its jurisdiction of incorporation, organization or formation (or equivalent), as applicable, (B) the bylaws or other governing document of such Credit Party and
New Guarantor as in effect on the Amendment No. 1 Effective Date, (C) resolutions duly adopted by the board of directors (or other governing body) of such Credit Party and New Guarantor authorizing and approving the transactions
contemplated hereunder and the execution, delivery and performance of this Amendment No. 1 and the other Loan Documents to which it is a party, and (D) each certificate required to be delivered pursuant to
Section 6.1(b)(iii) of the Credit Agreement. 
 (iii)    Certificates of Good
Standing. Certificates as of a recent date of the good standing of each Credit Party and New Guarantor under the laws of its jurisdiction of incorporation, organization or formation (or equivalent), as applicable, and, to the extent requested by
the Administrative Agent, each other jurisdiction where such Credit Party and New Guarantor is qualified to do business. 

(iv)    Opinions of Counsel. Opinions of counsel to the Credit Parties addressed to the Administrative Agent and
the Lenders with respect to the Credit Parties and 

  
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New Guarantors, the Loan Documents and such other matters as the Administrative Agent shall request (which such opinions shall expressly permit reliance by permitted successors and assigns of the
Administrative Agent and the Lenders). 
 (c)    Personal Property Collateral. 

(i)    Filings and Recordings. The Administrative Agent shall have received all filings and recordations that are
necessary to perfect the security interests of the Administrative Agent, on behalf of the Secured Parties, in the Collateral and the Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that upon such
filings and recordations such security interests constitute valid and perfected first priority Liens thereon (subject to Permitted Liens). 

(ii)    Pledged Collateral. To the extent not previously delivered to the Administrative Agent, the Administrative
Agent shall have received (A) original stock certificates or other certificates evidencing the certificated Equity Interests pledged pursuant to the Security Documents, together with an undated stock power for each such certificate duly
executed in blank by the registered owner thereof and (B) each original promissory note pledged pursuant to the Security Documents together with an undated allonge for each such promissory note duly executed in blank by the holder thereof. 

(iii)    Lien Search. The Administrative Agent shall have received the results of a Lien search (including a
search as to judgments, bankruptcy, tax and intellectual property matters), in form and substance reasonably satisfactory thereto, made against the Credit Parties and New Guarantors under the UCC (or applicable judicial docket) as in effect in each
jurisdiction in which filings or recordations under the UCC should be made to evidence or perfect security interests in all assets of such Credit Party and New Guarantor, indicating among other things that the assets of each such Credit Party and
New Guarantor are free and clear of any Lien (except for Permitted Liens). 
 (iv)    Property and Liability
Insurance. The Administrative Agent shall have received, in each case in form and substance reasonably satisfactory to the Administrative Agent, evidence of property, business interruption and liability insurance covering each Credit Party and
New Guarantor, evidence of payment of all insurance premiums for the current policy year of each policy (with appropriate endorsements naming the Administrative Agent as lender’s loss payee on all policies for property hazard insurance and as
additional insured on all policies for liability insurance), and if requested by the Administrative Agent, copies of such insurance policies. 

(v)    Intellectual Property. The Administrative Agent shall have received security agreements duly executed by
the applicable Credit Parties and New Guarantors for all U.S. federally registered copyrights, exclusive licenses to registered U.S. copyrights, patents, patent applications, trademarks and trademark applications included in the Collateral, in each
case in proper form for filing with the U.S. Patent and Trademark Office or U.S. Copyright Office, as applicable (the “IP Security Agreements”), to the extent the Administrative Agent has not previously received such IP Security
Agreements. 

  
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 (vi)    Notwithstanding the foregoing, to the extent any security
interest in any Collateral (other than security interests that may be perfected by the filing of a financing statement under the Uniform Commercial Code) or the possession or control of the stock certificates of Super ATV and any of the material
domestic Subsidiaries of Super ATV (with respect to the stock certificates of Super ATV to the extent received pursuant to the Super ATV Acquisition Agreement on or prior to the Amendment No. 1 Effective Date after Borrower using its using
commercially reasonable efforts) is not or cannot be perfected on the Amendment No. 1 Effective Date after the Borrower’s use of commercially reasonable efforts to do so, then the perfection of such security interests shall not constitute
a condition precedent to the closing of this Amendment No. 1 and the funding of the Amendment No. 1 Term Loans, but instead shall be required to be perfected within ninety (90) days after the Amendment No. 1 Effective Date (or
such later date as may be approved by the Administrative Agent). 
 (d)    Financial Matters. 

(i)    Financial Statements. The Administrative Agent shall have received: 

(A)    with respect to the Borrower and its Subsidiaries (prior to giving effect to the Super ATV
Acquisition), (I) audited consolidated balance sheets and related consolidated statements of income, shareholder’s equity and cash flows for the three (3) most recently completed Fiscal Years ended at least ninety (90) days prior to
the Amendment No. 1 Effective Date and (II) unaudited consolidated balance sheets and related consolidated statements of income and cash flows for each interim fiscal quarter ended since the last audited financial statements and at least
forty-five (45) days prior to the Amendment No. 1 Effective Date; and 
 (B)    with respect to
Super ATV and its Subsidiaries, the Audited Financial Statements and the Unaudited Financial Statements (each as defined in the Super ATV Acquisition Agreement as in effect on August 17, 2022). 

(ii)    Solvency Certificate. The Borrower shall have delivered to the Administrative Agent a solvency certificate
in the form previously agreed to by the Borrower and the Lenders. 
 (iii)    Payment at Closing. All fees and
expenses due to the Amendment No. 1 Arrangers, the Administrative Agent and the Lenders required to be paid on the Amendment No. 1 Effective Date (including the fees and expenses of counsel for the Amendment No. 1 Lead Arrangers and
the Administrative Agent) will have been or, substantially concurrently with the Amendment No. 1 Effective Date, will be, paid. 

(e)    Miscellaneous. 

(A)    PATRIOT Act, Etc. The Amendment No. 1 Lead Arrangers shall have received, at least 3 business days
prior to the Amendment No. 1 Effective Date, (x) all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without
limitation, the PATRIOT Act, that has been requested by any Lender, and (y) if the Borrower qualifies as a 

  
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“legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership Regulation”), a certification regarding beneficial ownership with respect to the
Borrower as required by the Beneficial Ownership Regulation for each Lender that so requests (which request shall be made through the Administrative Agent); provided that, in each case, the Borrower has received a list of each such Lender and
its requests and electronic delivery requirements at least ten business days prior to the Amendment No. 1 Effective Date. 

(f)    The Administrative Agent shall have received a Notice of Borrowing from the Borrower in compliance with
Section 2.3(a) of the Credit Agreement with respect to the Amendment No. 1 Term Loans. 

(g)    The ATV Refinancing shall have been, or substantially concurrently with the Amendment No. 1 Effective Date
shall be, consummated. 
 (h)    All accrued and unpaid interest and fees relating to the Revolving Credit Facility
under Section 3.1(j), Section 3.1(k), Section 5.1 and Section 5.3(a) of the Credit Agreement, up to but excluding the Amendment No. 1
Effective Date, shall have been paid. 
 Without limiting the generality of the provisions of Section 11.3(c) of the Credit
Agreement, for purposes of determining compliance with the conditions specified in this Section 6.1, the Administrative Agent and each Lender that has signed this Amendment No. 1 shall be deemed to have consented to,
approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender
prior to the Amendment No. 1 Effective Date specifying its objection thereto. 
 SECTION 5. Reaffirmation. (A) Each of the
Borrower and the Subsidiary Guarantors (each, a “Reaffirming Party”) hereby (a) affirms and confirms its guarantees, pledges, grants of Liens, covenants, agreements and other commitments under the Loan Documents to which it is
a party and (b) agrees that (i) each Loan Document to which it is a party shall continue to be in full force and effect, (ii) all obligations and liabilities of the Borrower and the Subsidiary Guarantors under the Original Credit
Agreement, as amended pursuant to this Amendment No. 1, constitute “Secured Obligations” under and as defined in each of the Subsidiary Guaranty Agreement and the Credit Agreement and are guaranteed by and entitled to the benefits of
the Subsidiary Guaranty Agreement, (iii) all obligations and liabilities of the Borrower and the Subsidiary Guarantors under the Original Credit Agreement, as amended pursuant to this Amendment No. 1 constitute “Secured
Obligations” under and as defined in the Collateral Agreement and are secured by and entitled to the benefits of the Collateral Agreement and the other Security Documents and (iv) all guarantees, pledges, grants of Liens, covenants,
agreements and other commitments under the Loan Documents and all Liens granted under the Security Documents shall continue to be in full force and effect after giving effect to this Amendment No. 1 and shall accrue to the benefit of the
Secured Parties and shall not be impaired or discharged hereby or by the transactions contemplated hereby. 
 (B)    The
representations and warranties of each Reaffirming Party set forth in the Loan Documents to which it is a party are, after giving effect to hereto, true and correct in all material respects on and as of the Amendment No. 1 Effective Date with
the same effect as though made 

  
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on and as of such date, except to the extent such representations and warranties expressly relate to an earlier date in which case they shall be true and correct in all material respects as of
such earlier date; provided, that, to the extent that any such representations and warranties are qualified by materiality, material adverse effect or similar language, such representations and warranties shall be true and correct in all
respects. 
 (C)    After giving effect hereto, neither the amendment of the Original Credit Agreement effected pursuant
hereto nor the execution, delivery, performance or effectiveness of this Amendment No. 1 (i) impairs the validity, effectiveness or priority of the Liens granted pursuant to any Loan Document, and such Liens continue unimpaired with the same
priority to secure repayment of all Secured Obligations, whether heretofore or hereafter incurred; or (ii) requires that any new filings be made or other action taken to perfect or to maintain the perfection of such Liens. 

(D)    Each of the Borrower and the Subsidiary Guarantors represents and warrants to the Administrative Agent and each
Lender that after giving effect to this Amendment No. 1, no Default or Event of Default has occurred and is continuing. 

(E)    Each of the Borrower and the Subsidiary Guarantors represents and warrants to the Administrative Agent and each
Lender that the Amendment No. 1 and the Credit Agreement are within such Borrower’s organizational powers and have been duly authorized by all necessary organizational actions and, if required, actions by equity holders, and this Amendment
No. 1 has been duly executed and delivered by such Borrower. 
 (F)     Each of the Borrower and the Subsidiary
Guarantors represents and warrants to the Administrative Agent and each Lender that the Amendment No. 1 and the Credit Agreement constitute legal, valid and binding obligations of such Borrower, enforceable in accordance with their respective
terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at
law. 
 (G)     This Amendment No. 1 is a Loan Document. 

(H)     This Amendment No. 1 shall not constitute a novation of the Original Credit Agreement or any other Loan
Document. 
 (I)     Except to the extent expressly set forth herein, all of the terms and conditions of the Credit
Agreement and the other Loan Documents remain unchanged and in full force and effect. Upon the effectiveness hereof, all references to the Credit Agreement set forth in any other agreement or instrument shall, unless otherwise specifically provided,
be references to the Credit Agreement as amended hereby. 
 SECTION 6. Applicable Law; Waiver of Jury Trial. This Amendment
No. 1 shall be governed by, and construed and interpreted in accordance with, the law of the State of New York. Section 12.5 and Section 12.6 of the Original Credit Agreement are incorporated
herein by reference mutatis mutandis. 

  
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 SECTION 7. Headings. The Section headings used herein are for convenience of
reference only, are not part of this Amendment No. 1 and are not to affect the construction of, or to be taken into consideration in interpreting, this Amendment No. 1. 

SECTION 8. Counterparts. This Amendment No. 1 and any document, amendment, approval, consent, information, notice, certificate,
request, statement, disclosure or authorization related to this Amendment No. 1 (each, a “Communication”), including Communications required to be in writing, may, if agreed by Bank of America, be in the form of an Electronic
Record and may be executed using Electronic Signatures, including, without limitation, facsimile and/or .pdf. The Borrower agrees that any Electronic Signature (including, without limitation, facsimile or .pdf) on or associated with any
Communication shall be valid and binding on the Borrower to the same extent as a manual, original signature, and that any Communication entered into by Electronic Signature, will constitute the legal, valid and binding obligation of the Borrower
enforceable against the Borrower in accordance with the terms thereof to the same extent as if a manually executed original signature was delivered to Bank of America.    Any Communication may be executed in as many counterparts
as necessary or convenient, including both paper and electronic counterparts, but all such counterparts are one and the same Communication. For the avoidance of doubt, the authorization under this paragraph may include, without limitation, use or
acceptance by Bank of America of a manually signed paper Communication which has been converted into electronic form (such as scanned into PDF format), or an electronically signed Communication converted into another format, for transmission,
delivery and/or retention. Bank of America may, at its option, create one or more copies of any Communication in the form of an imaged Electronic Record (“Electronic Copy”), which shall be deemed created in the ordinary course of
Bank of America’s business, and destroy the original paper document. All Communications in the form of an Electronic Record, including an Electronic Copy, shall be considered an original for all purposes, and shall have the same legal effect,
validity and enforceability as a paper record. Notwithstanding anything contained herein to the contrary, Bank of America is under no obligation to accept an Electronic Signature in any form or in any format unless expressly agreed to by Bank of
America pursuant to procedures approved by it; provided, further, without limiting the foregoing, (a) to the extent Bank of America has agreed to accept such Electronic Signature, Bank of America shall be entitled to rely on any such Electronic
Signature purportedly given by or on behalf of any Credit Party or New Guarantor without further verification and (b) upon the request of Bank of America any Electronic Signature shall be promptly followed by a manually executed, original
counterpart. 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be duly
executed by their respective authorized officers as of the day and year first written above. 
  

			
	 DORMAN PRODUCTS, INC., as the Borrower

		
	 By:
	 	 /s/ David Hession

		 	 Name: David Hession

		 	 Title: Senior Vice President, Chief Financial Officer and Treasurer

  
 [Signature Page to
Amendment No. 1] 

 
			
	 SUBSIDIARY GUARANTORS

	 RB DISTRIBUTION, INC.

	 DAYTON PARTS, LLC

	 R&B CANADA, INC.

	 DPL HOLDING CORPORATION

	 DPL ACQUISITION CORPORATION

		
	 By:
	 	 /s/ David Hession

		 	Name: David Hession
		 	 Title: Senior Vice President, Chief Financial Officer and Treasurer

  
 [Signature Page to
Amendment No. 1] 

			
	 SUPER ATV, LLC

		
	 By:
	 	 /s/ David Hession

		 	Name: David Hession
		 	 Title: Senior Vice President and Treasurer

  
 [Signature Page to
Amendment No. 1] 

 
			
	BANK OF AMERICA, N.A., as Administrative Agent
		
	By:	 	 /s/ Don B. Pinzon

		 	Name: Don B. Pinzon
		 	Title:   Vice President

  

			
	BANK OF AMERICA, N.A., as an Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender
		
	By:	 	 /s/ Kevin Dobosz

		 	Name: Kevin Dobosz
		 	Title:   Senior Vice President

  
 [Signature Page to
Amendment No. 1] 

 The undersigned evidences its consent to the amendments reflected in this Amendment
No. 1. 
  

			
	 PNC BANK, NATIONAL ASSOCIATION,
 as
an Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Bryan Flory

		 	Name: Bryan Flory
		 	Title:   Senior Vice President

  
 [Signature Page to
Amendment No. 1] 

 
			
	 BMO HARRIS BANK N.A.,
 as an
Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Andrew Berryman

		 	Name: Andrew Berryman
		 	Title:   Director

  
 [Signature Page to
Amendment No. 1] 

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

as an Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Katherine Marcotte

		 	Name: Katherine Marcotte
		 	Title: Senior Vice President

  
 [Signature Page to
Amendment No. 1] 

 
			
	 TD BANK, N.A.,
 as an Amendment
No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Richard A. Zimmerman

		 	Name: Richard A. Zimmerman
		 	Title: Managing Director

  
 [Signature Page to
Amendment No. 1] 

 
			
	 FIRST NATIONAL BANK OF PENNSYLVANIA,

as an Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Jeffrey J. Culp

		 	Name: Jeffrey J. Culp
		 	Title: Senior Vice President

  
 [Signature Page to
Amendment No. 1] 

 
			
	 HUNTINGTON NATIONAL BANK,
 as an
Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Josie Counts

		 	Name: Josie Counts
		 	Title:   Vice President

  
 [Signature Page to
Amendment No. 1] 

 
			
	 WEBSTER BANK, NATIONAL ASSOCIATION,

as an Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Kent Nelson

		 	Name: Kent Nelson
		 	Title:   SVP

  
 [Signature Page to
Amendment No. 1] 

 
			
	 FIRST MERCHANTS BANK,
 as an
Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Charles J. Hageboeck

		 	Name: Charles J. Hageboeck
		 	Title:   Assistant Vice President

  
 [Signature Page to
Amendment No. 1] 

 
			
	 OLD NATIONAL BANK,
 as an Amendment
No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ James A. Goody

		 	Name: James A. Goody
		 	Title: Senior Vice President

  
 [Signature Page to
Amendment No. 1] 

 
			
	 TRUSTMARK NATIONAL BANK,
 as an
Amendment No. 1 Term Loan Lender, a Revolving Credit Lender and an Issuing Lender

		
	By:	 	 /s/ Mark Stubblefield

		 	Name: Mark Stubblefield
		 	Title: Senior Vice President

  
 [Signature Page to
Amendment No. 1] 

 The undersigned Departing Lender, as of Amendment No. 1 Effective Date, shall have no further rights or
obligations as a Lender under the Credit Agreement, except to the extent of rights and obligations that expressly survive a Lender’s assignment or termination of its Commitments and Loans pursuant to the Credit Agreement. The Departing Lender
has received, on or prior to the Amendment No. 1 Effective Date, its principal and accrued but unpaid interest on its Loans for the period through and including the Amendment No. 1 Effective Date. All of the Borrower’s obligations
under the Credit Agreement that expressly survive pursuant to Section 12.13 thereof shall continue to survive for the benefit of the Departing Lender. 
  

			
	 JPMORGAN CHASE BANK, N.A.,
 as the
Departing Lender

		
	By:	 	 /s/ Bam Fakorede

		 	Name: Bam Fakorede
		 	Title: Vice President

  
 [Signature Page to
Amendment No. 1] 

Exhibit A

 Execution Version 

MARKED VERSION
REFLECTING CHANGES 
 PURSUANT TO SECOND AMENDMENT 

ADDED TEXT
SHOWN UNDERSCORED 
 DELETED TEXT SHOWN STRIKETHROUGH

  
  

 
  

			
	Published Deal CUSIP #	  	25827PAA0
	Revolver Facility CUSIP #	  	25827PAB8

 CREDIT AGREEMENT 

dated as of August 10, 2021 
 (as amended by the Amendment No. 1 dated as of October 4,
2022) 
 by and among 

DORMAN PRODUCTS, INC., 
 as
Borrower, 
 the Lenders referred to herein, 

as Lenders, 
 and 

BANK OF AMERICA, N.A., 
 as
Administrative Agent and 
 Swingline Lender 

BANK OF AMERICA,
N.A., 

PNC CAPITAL MARKETS LLC and 

WELLS FARGO SECURITIES, LLC, 

as Joint Lead Arrangers, Joint Bookrunners and Issuing Lenders 

PNC CAPITAL MARKETS LLC and,
 
 WELLS FARGO SECURITIES, LLC,

 as
Co-Syndication Agents 
 BMO HARRISWELLS FARGO BANK, N.A. and 
 BMO CAPITAL MARKETS CORP., 

as Co-Syndication Agents 
 TD BANK, N.A.,

 as Co-Documentation
Agents 

BANK OF
AMERICA, N.A., 

PNC CAPITAL MARKETS
LLC, 

WELLS FARGO
SECURITIES, LLC and 
 BMO CAPITAL MARKETS CORP., 

as Amendment
No. 1 Lead Arrangers 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I DEFINITIONS
	  	 	1	 
			
	 Section 1.1
	 	 Definitions
	  	 	1	 
	 Section 1.2
	 	 Other Definitions and Provisions
	  	 	44	 
	 Section 1.3
	 	 Accounting
Terms
	  	 	4245	 
	 Section 1.4
	 	 UCC Terms
	  	 	45	 
	 Section 1.5
	 	 Rounding
	  	 	45	 
	 Section 1.6
	 	 References to Agreement and Laws
	  	 	4346	 
	 Section 1.7
	 	 Times of Day
	  	 	4346	 
	 Section 1.8
	 	 Guarantees/Earn-Outs
	  	 	4346	 
	 Section 1.9
	 	 Covenant Compliance Generally
	  	 	4346	 
	 Section 1.10
	 	 Limited Condition Acquisitions
	  	 	46	 
	 Section 1.11
	 	 Rates
[Reserved]
	  	 
	45 
48	 
	 Section 1.12
	 	 Divisions
	  	 	4548	 
	 Section 1.13
	 	 Pro Forma Calculations
	  	 	4548	 
	 Section 1.14
	 	 Letter of Credit Amounts
	  	 	4649	 
	 Section 1.15
	 	 Delayed Draw Term Loans
	  	 	4649	 
		
	 ARTICLE II REVOLVING CREDIT
FACILITY
	  	 	4649	 
			
	 Section 2.1
	 	 Revolving Credit Loans
and Amendment No. 1 Term Loans
	  	 	46 49	 
	 Section 2.2
	 	 Swingline
Loans
	  	 	4750	 
	 Section 2.3
	 	 Procedure for Advances of Revolving Credit
Loans, Term Loans and Swingline Loans
	  	 	4852	 
	 Section 2.4
	 	 Repayment and Prepayment of Revolving Credit and Swingline
Loans
	  	 	4953	 
	 Section 2.5
	 	 Permanent Reduction of the Revolving Credit Commitment.
	  	 	5054	 
	 Section 2.6
	 	 Termination of Revolving Credit Facility
	  	 	5155	 
		
	 ARTICLE III LETTER OF CREDIT FACILITY
	  	 	5155	 
			
	 Section 3.1
	 	 L/C
Facility
	  	 	5155	 
		
	 ARTICLE
IV TERM LOAN FACILITY
	  	 	63	 
			
	
ARTICLE 
IVSection 4.1
	 	 [Reserved]
	  	 	63	 
	
Section 4.2
	 	
[Reserved]
	  	 	63	 
	
Section 4.3
	 	 Repayment
of Term Loans
	  	 	63	 
	
Section 4.4
	 	
Prepayments of Term
Loans
	  	 	64	 
		
	 ARTICLE V GENERAL LOAN PROVISIONS
	  	 	5965	 
			
	 Section 5.1
	 	
Interest
	  	 	5965	 
	 Section 5.2
	 	 Notice and Manner of Conversion or Continuation of Loans
	  	 	6066	 
	 Section 5.3
	 	
Fees
	  	 	6066	 
	 Section 5.4
	 	 Manner of Payment
	  	 	6167	 
	 Section 5.5
	 	 Evidence of
Indebtedness
	  	 	6168	 
	 Section 5.6
	 	 Sharing of Payments by Lenders
	  	 	6268	 
	 Section 5.7
	 	 Administrative Agent’s
Clawback
	  	 	6269	 
	 Section 5.8
	 	 Changed
Circumstances
	  	 	6470	 

  
 i 

							
	 Section 5.9
	 	 Indemnity
	  	 	6776	 
	 Section 5.10
	 	 Increased
Costs
	  	 	6776	 
	 Section 5.11
	 	
Taxes
	  	 	6877	 
	 Section 5.12
	 	 Mitigation Obligations; Replacement of
Lenders
	  	 	7181	 
	 Section 5.13
	 	 Incremental
Loans
	  	 	7382	 
	 Section 5.14
	 	 Cash Collateral
	  	 	7685	 
	 Section 5.15
	 	 Defaulting
Lenders
	  	 	7786	 
	 Section 5.16
	 	 Amend and Extend
Transactions
	  	 	7988	 
	 Section 5.17
	 	 Refinancing Term
Loans
	  	 	8090	 
	 Section 5.18
	 	 Replacement Revolving
Commitments
	  	 	8191	 
		
	 ARTICLE VI CONDITIONS OF CLOSING AND BORROWING
	  	 	8393	 
			
	 Section 6.1
	 	 Conditions to Closing and Initial Extensions of Credit
	  	 	8393	 
	 Section 6.2
	 	 Conditions to All Extensions of Credit
	  	 	8696	 
	 Section 6.3
	 	
[Reserved]
	  	 	8797	 
		
	 ARTICLE VII REPRESENTATIONS AND WARRANTIES OF THE CREDIT PARTIES
	  	 	8797	 
			
	 Section 7.1
	 	 Organization; Power; Qualification
	  	 	8797	 
	 Section 7.2
	 	 Ownership
	  	 	8797	 
	 Section 7.3
	 	 Authorization; Enforceability
	  	 	8897	 
	 Section 7.4
	 	 Compliance of Agreement, Loan Documents and Borrowing with Laws, Etc
	  	 	8898	 
	 Section 7.5
	 	 Compliance with Law; Governmental Approvals
	  	 	8898	 
	 Section 7.6
	 	 Tax Returns and Payments
	  	 	8898	 
	 Section 7.7
	 	 Intellectual Property Matters
	  	 	8998	 
	 Section 7.8
	 	 Environmental Matters
	  	 	8999	 
	 Section 7.9
	 	 Employee Benefit
Matters
	  	 	8999	 
	 Section 7.10
	 	 Margin Stock
	  	 	90100	 
	 Section 7.11
	 	 Government Regulation
	  	 	90100	 
	 Section 7.12
	 	
[Reserved]
	  	 	90100	 
	 Section 7.13
	 	
[Reserved]
	  	 	90100	 
	 Section 7.14
	 	 Burdensome Provisions
	  	 	91100	 
	 Section 7.15
	 	 Financial Statements
	  	 	91101	 
	 Section 7.16
	 	 No Material Adverse Change
	  	 	91101	 
	 Section 7.17
	 	 Solvency
	  	 	91101	 
	 Section 7.18
	 	 Title to Properties
	  	 	91101	 
	 Section 7.19
	 	 Litigation
	  	 	91101	 
	 Section 7.20
	 	 Anti-Corruption Laws; Anti-Money Laundering Laws and
Sanctions
	  	 	91101	 
	 Section 7.21
	 	
[Reserved]
	  	 	92102	 
	 Section 7.22
	 	
[Reserved]
	  	 	92102	 
	 Section 7.23
	 	 Disclosure
	  	 	92102	 
		
	 ARTICLE VIII AFFIRMATIVE COVENANTS
	  	 	92102	 
			
	 Section 8.1
	 	 Financial Statements and Budgets
	  	 	92102	 
	 Section 8.2
	 	 Certificates; Other Reports
	  	 	93103	 
	 Section 8.3
	 	 Notice of Litigation and Other Matters
	  	 	95105	 
	 Section 8.4
	 	 Preservation of Corporate Existence and Related Matters
	  	 	96105	 
	 Section 8.5
	 	 Maintenance of Property and
Licenses
	  	 	96106	 
	 Section 8.6
	 	 Insurance
	  	 	96106	 

  
 ii 

							
	 Section 8.7
	 	 Accounting Methods and Financial Records
	  	 	96106	 
	 Section 8.8
	 	 Payment of Taxes
	  	 	96106	 
	 Section 8.9
	 	 Compliance with Laws and Approvals
	  	 	97107	 
	 Section 8.10
	 	 Environmental Laws
	  	 	97107	 
	 Section 8.11
	 	 Compliance with ERISA
	  	 	97107	 
	 Section 8.12
	 	 Transactions with Affiliates
	  	 	97107	 
	 Section 8.13
	 	 Visits and Inspections
	  	 	98108	 
	 Section 8.14
	 	 Additional Subsidiaries
	  	 	98108	 
	 Section 8.15
	 	 Use of Proceeds
	  	 	99110	 
	 Section 8.16
	 	 Compliance with Anti-Corruption Laws; Beneficial Ownership Regulation, Anti- Money Laundering
Laws and Sanctions
	  	 	100110	 
	 Section 8.17
	 	 Further Assurances
	  	 	100110	 
	 Section 8.18
	 	 Lines of Business
	  	 	100111	 
	 Section 8.19
	 	 Fiscal Year End
	  	 	101111	 
	 Section 8.20
	 	 Collateral Reinstatement
	  	 	101111	 
	
Section 8.21
	 	 Post-Closing
Actions
	  	 	111	 
		
	 ARTICLE IX NEGATIVE COVENANTS
	  	 	101111	 
			
	 Section 9.1
	 	 Indebtedness
	  	 	101111	 
	 Section 9.2
	 	 Liens
	  	 	104115	 
	 Section 9.3
	 	 Investments
	  	 	106117	 
	 Section 9.4
	 	 Fundamental Changes
	  	 	108119	 
	 Section 9.5
	 	 Asset Dispositions
	  	 	109120	 
	 Section 9.6
	 	 Restricted Payments
	  	 	110121	 
	 Section 9.7
	 	 [Reserved]
	  	 	111122	 
	 Section 9.8
	 	 [Reserved]
	  	 	111122	 
	 Section 9.9
	 	 [Reserved]
	  	 	111122	 
	 Section 9.10
	 	 [Reserved]
	  	 	111122	 
	 Section 9.11
	 	 [Reserved]
	  	 	111122	 
	 Section 9.12
	 	 [Reserved]
	  	 	111122	 
	 Section 9.13
	 	 Financial Covenants
	  	 	111122	 
		
	 ARTICLE X DEFAULT AND REMEDIES
	  	 	112122	 
			
	 Section 10.1
	 	 Events of Default
	  	 	112122	 
	 Section 10.2
	 	 Remedies
	  	 	114125	 
	 Section 10.3
	 	 Rights and Remedies Cumulative; Non-Waiver; Etc.
	  	 	115126	 
	 Section 10.4
	 	 Crediting of Payments and Proceeds
	  	 	116126	 
	 Section 10.5
	 	 Administrative Agent May File Proofs of Claim
	  	 	116127	 
	 Section 10.6
	 	 [Reserved]
	  	 	117128	 
	 Section 10.7
	 	 [Reserved]
	  	 	117128	 
		
	 ARTICLE XI THE ADMINISTRATIVE AGENT
	  	 	117128	 
			
	 Section 11.1
	 	 Appointment and Authority
	  	 	117128	 
	 Section 11.2
	 	 Rights as a Lender
	  	 	118129	 
	 Section 11.3
	 	 Exculpatory Provisions
	  	 	118129	 
	 Section 11.4
	 	 Reliance by the Administrative Agent
	  	 	119130	 
	 Section 11.5
	 	 Delegation of Duties
	  	 	119130	 
	 Section 11.6
	 	 Resignation of Administrative Agent
	  	 	120130	 
	 Section 11.7
	 	 Non-Reliance on Administrative Agent, the Arranger and
Other Lenders
	  	 	121132	 
	 Section 11.8
	 	 No Other Duties, Etc
	  	 	122132	 
	 Section 11.9
	 	 Administrative Agent May File Proofs of Claim; Credit Bidding
	  	 	122133	 
	 Section 11.10
	 	 Collateral and Guaranty Matters
	  	 	123134	 

  
 iii 

							
	 Section 11.11
	 	 Secured Hedge Obligations and Secured Cash Management Obligations
	  	 	124135	 
	 Section 11.12
	 	 Certain ERISA Matters
	  	 	124135	 
	 Section 11.13
	 	 Recovery of Erroneous Payments
	  	 	125136	 
	 Section 11.14
	 	 Withholding Tax
	  	 	125136	 
		
	 ARTICLE XII MISCELLANEOUS
	  	 	126137	 
			
	 Section 12.1
	 	 Notices
	  	 	126137	 
	 Section 12.2
	 	 Amendments, Waivers and Consents
	  	 	129140	 
	 Section 12.3
	 	 Expenses; Indemnity
	  	 	132143	 
	 Section 12.4
	 	 Right of Setoff
	  	 	134145	 
	 Section 12.5
	 	 Governing Law; Jurisdiction,
Etc.
	  	 	135146	 
	 Section 12.6
	 	 Waiver of Jury Trial
	  	 	135146	 
	 Section 12.7
	 	 Reversal of Payments
	  	 	136147	 
	 Section 12.8
	 	 Injunctive Relief
	  	 	136147	 
	 Section 12.9
	 	 Successors and Assigns; Participations
	  	 	136147	 
	 Section 12.10
	 	 Treatment of Certain Information; Confidentiality
	  	 	140152	 
	 Section 12.11
	 	 Performance of Duties
	  	 	142153	 
	 Section 12.12
	 	 All Powers Coupled with Interest
	  	 	142153	 
	 Section 12.13
	 	 Survival
	  	 	142153	 
	 Section 12.14
	 	 Titles and Captions
	  	 	142153	 
	 Section 12.15
	 	 Severability of Provisions
	  	 	142153	 
	 Section 12.16
	 	 Counterparts; Integration; Effectiveness; Electronic Execution
	  	 	142154	 
	 Section 12.17
	 	 Term of Agreement
	  	 	143154	 
	 Section 12.18
	 	 USA PATRIOT Act; Anti-Money Laundering Laws
	  	 	143155	 
	 Section 12.19
	 	 Independent Effect of Covenants
	  	 	143155	 
	 Section 12.20
	 	 No Advisory or Fiduciary Responsibility
	  	 	144155	 
	 Section 12.21
	 	 [Reserved]
	  	 	144156	 
	 Section 12.22
	 	 Inconsistencies with Other Documents
	  	 	144156	 
	 Section 12.23
	 	 Acknowledgement and Consent to Bail-In of Affected
Financial Institutions
	  	 	145156	 
	 Section 12.24
	 	 Acknowledgement Regarding Any Supported QFCs
	  	 	145156	 

  
 iv 

 EXHIBITS 
  

			
	 Exhibit A-1
	  	Form of Revolving Credit Note
	 Exhibit A-2
	  	Form of Swingline Note
	 Exhibit A-3
	  	Form of Term Loan Note
	 Exhibit B
	  	Form of Notice of Borrowing
	 Exhibit C
	  	Form of Notice of Account Designation
	 Exhibit D
	  	Form of Notice of Prepayment
	 Exhibit E
	  	Form of Notice of Conversion/Continuation
	 Exhibit F
	  	Form of Officer’s Compliance Certificate
	 Exhibit G
	  	Form of Assignment and Assumption
	 Exhibit H-1
	  	Form of U.S. Tax Compliance Certificate (Non-Partnership Foreign Lenders)
	 Exhibit H-2
	  	Form of U.S. Tax Compliance Certificate (Non-Partnership Foreign Participants)
	 Exhibit H-3
	  	Form of U.S. Tax Compliance Certificate (Foreign Participant Partnerships)
	 Exhibit H-4
	  	Form of U.S. Tax Compliance Certificate (Foreign Lender Partnerships)
		
	 SCHEDULES
	  	
		
	 Schedule 1.1(a)
	  	Existing Letters of Credit
	 Schedule 1.1(b)
	  	Commitments and Commitment Percentages
	 Schedule 7.2
	  	Subsidiaries and Capitalization
	 Schedule 7.18
	  	Real Property
	 Schedule 7.19
	  	Litigation
	 Schedule 8.12
	  	Transactions with Affiliates
	 Schedule 8.21
	  	Post-Closing Actions
	 Schedule 9.1
	  	Existing Indebtedness
	 Schedule 9.2
	  	Existing Liens
	 Schedule 9.3
	  	Existing Loans, Advances and Investments

  
 v 

 CREDIT AGREEMENT, dated as of August 10, 2021, by and among DORMAN PRODUCTS,
INC., a Pennsylvania corporation, as Borrower, the lenders who are party to this Agreement and the lenders who may become a party to this Agreement pursuant to the terms hereof, as Lenders, and BANK OF AMERICA, N.A., a national banking association,
as Administrative Agent for the Lenders. 
 STATEMENT OF PURPOSE 

WHEREAS, pursuant to the Acquisition Agreement, Merger Sub will merge with and into the Acquired Company, with the Acquired Company surviving
the merger as a direct wholly-owned subsidiary of the Borrower. Such transaction is referred to herein as the “DPL Acquisition”. In connection with the DPL Acquisition, and to provide a portion of the financing therefor, the
Borrower has entered into this Agreement. The Borrower has requested, and subject to the terms and conditions set forth in this Agreement, the Administrative Agent and the Lenders have agreed to extend, certain credit facilities to the Borrower
pursuant to the terms hereof. 

WHEREAS, in
connection with the Super ATV Acquisition (as defined in Amendment No. 1), this Agreement is being amended pursuant to Amendment No. 1 in order to (i) establish the Amendment No. 1 Term Loans in an aggregate principal amount of
$500,000,000, (ii) extend the maturity of the Revolving Credit Commitments and (iii) implement Term SOFR-based pricing in lieu of LIBOR-based pricing. 

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, such
parties hereby agree as follows: 
 ARTICLE I 

DEFINITIONS 

Section 1.1 Definitions. The following terms when used in this Agreement shall have the meanings assigned to them below: 

“Acquired Company” means DPL Holding Corporation, a Delaware corporation. 

“Acquisition” means any transaction, or any series of related transactions, consummated on or after the date of this
Agreement, by which any Credit Party or any of its Subsidiaries (a) acquires any business or all or substantially all of the assets of any Person, or division thereof, whether through the purchase of assets, merger or otherwise or
(b) directly or indirectly acquires (in one transaction or as the most recent transaction in a series of transactions) at least a majority (in number of votes) of the securities of a corporation which have ordinary voting power for the election
of members of the board of directors or the equivalent governing body (other than securities having such power only by reason of the happening of a contingency) or a majority (by percentage or voting power) of the outstanding ownership interests of
a partnership or limited liability company. 
 “Acquisition Agreement” means that certain Agreement and
Plan of Merger, dated as of June 25, 2021, by and among the Borrower, the Acquired Company, Merger Sub and SBF II Representative Corp., solely in its capacity as the Equityholder Representative (as defined therein) (including all schedules and
exhibits thereto). 
 “Administrative Agent” means Bank of America, in its capacity as Administrative Agent
hereunder, and any successor thereto appointed pursuant to Section 11.6. 

 “Administrative Agent’s Office” means the office of the Administrative
Agent specified in or determined in accordance with the provisions of Section 12.1(c). 
 “Administrative
Questionnaire” means an administrative questionnaire in a form supplied by the Administrative Agent. 
 “Affected Financial
Institution” means (a) any EEA Financial Institution or (b) UK Financial Institution. 
 “Affiliate”
means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Agent Parties” has the meaning assigned thereto in Section 12.1(e). 

“Aggregate
 Commitments” means the Commitments of all the Lenders. 

“Agreement” means this Credit Agreement. 

“Amendment
 No. 1” means that certain Amendment No. 1 to the Credit Agreement dated as of October 4, 2022 by and among the Borrower, the Subsidiary Guarantors party thereto, the Amendment No. 1 Term Loan Lenders party thereto, the
Revolving Credit Lenders party thereto and the Administrative Agent. 
 “Amendment No. 1 Effective Date” means October 4,
2022. 

“Amendment
 No. 1 Lead Arranger” means Bank of America, N.A., PNC Capital Markets LLC, Wells Fargo Securities, LLC and BMO Capital Markets Corp. in their respective capacities, individually, as a joint bookrunner and a joint lead arranger in
connection with Amendment No. 1. 
 “AnnouncementsAmendment
 No. 1 Term Loan” has the meaning assigned thereto into Section 1.112.1(b)
. 

“Amendment
 No. 1 Term Loan Commitment” means (a) as to any Lender, the obligation of such Lender to make an Amendment No. 1 Term Loan to the account of the Borrower hereunder on the Amendment No. 1 Effective Date in an aggregate
principal amount equaling the amount set forth opposite such Lender’s name on Schedule 1.1(b), as such amount may be increased, reduced or otherwise modified at any time or from time to time pursuant to the terms hereof and (b) as to all
Amendment No. 1 Term Loan Lenders, the Aggregate Commitments of all Amendment No. 1 Term Loan Lenders to make such Term Loans. The aggregate Amendment No. 1 Term Loan Commitment with respect to the Amendment No. 1 Term Loan of
all Amendment No. 1 Term Loan Lenders on the Amendment No. 1 Effective Date shall be $500,000,000. The Amendment No. 1 Term Loan Commitment of each Amendment No. 1 Term Loan Lender as of the Amendment No. 1 Effective Date is
set forth opposite the name of such Amendment No. 1 Term Loan Lender on Schedule 1.1(b). 

“Amendment
 No. 1 Term Loan Lender” means any Lender with Amendment No. 1 Term Loan Commitments and/or outstanding Amendment No. 1 Term Loans. 

“Amendment
 No. 1 Term Loan Maturity Date” means the first to occur of (a) the date that it is the five-year anniversary of the Amendment No. 1 Effective Date and (b) the date of acceleration of the Term Loans pursuant to
Section 10.2(a). 

  
 2 

 “Anti-Corruption Laws” means all laws, rules, and regulations of any
jurisdiction applicable to the Borrower or its subsidiaries from time to time concerning or relating to bribery or corruption, including, without limitation, the United States Foreign Corrupt Practices Act of 1977 and the rules and regulations
thereunder and the U.K. Bribery Act 2010 and the rules and regulations thereunder. 
 “Anti-Money Laundering Laws” means
any and all laws, statutes, regulations or obligatory government orders, decrees, ordinances or rules applicable to a Credit Party, its subsidiaries or Affiliates related to terrorism financing or money laundering, including any applicable provision
of the Patriot Act and The Currency and Foreign Transactions Reporting Act (also known as the “Bank Secrecy Act,” 31 U.S.C. §§ 5311-5330 and 12 U.S.C. §§ 1818(s), 1820(b) and 1951-1959). 

“Applicable Law” means all applicable provisions of constitutions, laws, statutes, ordinances, rules, treaties, regulations,
permits, licenses, approvals, official administrative pronouncements, interpretations (having the force of law) and orders of Governmental Authorities and all orders and decrees of all courts and arbitrators. 

“Applicable Margin” means the corresponding percentages per annum as set forth below based on the Total Net Leverage
Ratio: 
  

															
	 Pricing

Level
	  	 Total Net Leverage Ratio
	  	Applicable Margin
for 
LIBOR
Term SOFR Rate
Loans and
Letters
of Credit	 	 	Applicable
Margin for Base
Rate Loans	 	 	Commitment
Fee	 
	 I
	  	Greater than or equal to 3.00 to 1.00	  	 	2.000	% 	 	 	1.000	% 	 	 	0.250	% 
	 II
	  	Greater than or equal to 2.50 to 1.00 but less than 3.00 to 1.00	  	 	1.750	% 	 	 	0.750	% 	 	 	0.225	% 
	 III
	  	Greater than or equal to 2.00 to 1.00 but less than 2.50 to 1.00	  	 	1.500	% 	 	 	0.500	% 	 	 	0.200	% 
	 IV
	  	Greater than or equal to 1.50 to 1.00 but less than 2.00 to 1.00	  	 	1.375	% 	 	 	0.375	% 	 	 	0.175	% 
	 V
	  	Greater than or equal to 0.50 to 1.00 but less than 1.50 to 1.00	  	 	1.250	% 	 	 	0.250	% 	 	 	0.150	% 
	 VI
	  	Less than 0.50 to 1.00	  	 	1.000	% 	 	 	0.000	% 	 	 	0.125	% 

 The Applicable Margin shall be determined and adjusted quarterly on the date five (5) Business Days after the day on
which the Borrower provides an Officer’s Compliance Certificate pursuant to Section 8.2(a) for the most recently ended fiscal quarter of the Borrower (each such date, a “Calculation Date”); provided that
(a) the Applicable Margin shall be based on Pricing Level
VIII until the first Calculation Date occurring after the ClosingAmendment No. 1 Effective Date that is the end of the first fiscal
quarter that began on or after the
ClosingAmendment
 No. 1 Effective Date (the “First Calculation Date”) and, thereafter the Pricing Level shall be determined by reference to the Total Net Leverage Ratio as of the last day of
the most recently ended fiscal quarter of the Borrower preceding such Calculation Date and adjusted on such fifth Business Day following the delivery of such Officer’s Compliance Certificate as referred to above. The applicable Pricing Level
shall be effective from the
ClosingAmendment
 No. 1 Effective Date until then First Calculation Date and then from one Calculation Date until the next Calculation Date. Any adjustment in the Pricing Level shall be applicable to all
Extensions of Credit then existing or subsequently made or issued. 
 Notwithstanding the foregoing, in the event that any financial statement or
Officer’s Compliance Certificate delivered pursuant to Section 8.1 or 8.2(a) is shown to be inaccurate (regardless of whether (i) 

  
 3 

 
this Agreement is in effect, (ii) any Commitments are in effect, or (iii) any Extension of Credit is outstanding when such inaccuracy is discovered or such financial statement or
Officer’s Compliance Certificate was delivered), and such inaccuracy, if corrected, would have led to the application of a higher Applicable Margin for any period (an “Applicable Period”) than the Applicable Margin applied for
such Applicable Period, then (A) the Borrower shall immediately deliver to the Administrative Agent a corrected Officer’s Compliance Certificate for such Applicable Period, (B) the Applicable Margin for such Applicable Period shall be
determined as if the Total Net Leverage Ratio in the corrected Officer’s Compliance Certificate were applicable for such Applicable Period, and (C) the Borrower shall immediately and retroactively be obligated to pay to the Administrative
Agent the accrued additional interest and fees owing as a result of such increased Applicable Margin for such Applicable Period, which payment shall be promptly applied by the Administrative Agent in accordance with Section 5.4. Nothing
in this paragraph shall limit the rights of the Administrative Agent and Lenders with respect to Sections 5.1(b) and 10.2 nor any of their other rights under this Agreement or any other Loan Document. The Borrower’s obligations
under this paragraph shall survive the termination of the Commitments and the repayment of all other Obligations hereunder. 

“Applicable Percentage” means in respect of the Revolving Credit Facility, with respect to any Revolving Credit Lender at any
time, the percentage (carried out to the ninth decimal place) of the Revolving Credit Facility represented by such Revolving Credit Lender’s Revolving Credit Commitment at such time, subject to adjustment as provided in
Section 5.15. If the commitment of each Revolving Credit Lender to make Revolving Credit Loans and the obligation of the Issuing Lenders to make L/C Credit Extensions have been terminated pursuant to Section 10.2, or if the
Revolving Credit Commitments have expired, then the Applicable Percentage of each Revolving Credit Lender in respect of the Revolving Credit Facility shall be determined based on the Applicable Percentage of such Revolving Credit Lender in respect
of the Revolving Credit Facility most recently in effect, giving effect to any subsequent assignments and to any Lender’s status as a Defaulting Lender at the time of determination. The initial Applicable Percentage of each Lender in respect of
each Credit Facility is set forth opposite the name of such Lender on Schedule 1.1(b) or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable. 

“Applicable Revolving Credit Percentage” means with respect to any Revolving Credit Lender at any time, such Revolving Credit
Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time. 
 “Approved Fund” means any
Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 

“Arranger”
means, (i) as of the Closing Date, each of Bank of America,
N.A., PNC Capital Markets LLC and Wells Fargo Securities, LLC, in its capacity as joint lead arranger and joint
bookrunner, and (ii) with respect to Amendment No. 1 and thereafter, each Amendment No. 1 Lead
Arranger. 
 “Asset Disposition” means the sale, transfer,
exclusive license, lease or other disposition of any Property (including any disposition of Equity Interests and any disposition of Property in connection with a Sale Leaseback Transaction) by any Credit Party or any Subsidiary thereof, and any
issuance of Equity Interests by any Subsidiary of the Borrower to any Person that is not a Credit Party or any Subsidiary thereof. 

“Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee (with the
consent of any party whose consent is required by Section 12.9), and accepted by the Administrative Agent, in substantially the form attached as Exhibit G or any other form (including electronic documentation generated by use of an electronic platform) approved by the Administrative Agent. 

  
 4 

 “Attributable Indebtedness” means, on any date of determination,
(a) in respect of any Capital Lease Obligation of any Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, and (b) in respect of any Synthetic Lease,
the capitalized amount or principal amount of the remaining lease payments under the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a Capital
Lease Obligation. 
 “Available Tenor” means, as of any date of determination and
with respect to the then-current Benchmark, as applicable, (x) if the then-current Benchmark is a term rate, any tenor for such Benchmark that is or may be used for determining the length of an Interest Period or (y) otherwise, any payment period for
interest calculated with reference to such Benchmark, as applicable, pursuant to this Agreement as of such date. 

“ATV
Refinancing” means the repayment in full and payments of all amounts outstanding under (i) that certain Third Amended and Restated Loan Agreement dated December 23, 2021 (as amended through the Amendment No. 1 Effective Date) by
and between Old National Bank and Super ATV, LLC, (ii) that certain Business Loan Agreement dated February 11, 2022 (as amended through the Amendment No. 1 Effective Date) by and among Old National Bank, Madison Commercial Properties,
LLC and Super ATV, LLC and (iii) that certain Business Loan Agreement dated February 11, 2022 (as amended through the Amendment No. 1 Effective Date) by and among Old National Bank, Clifty Commercial Properties, LLC and Super ATV,
LLC, and the payoff letters and Lien releases delivered in connection therewith. 

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

“Bail-In Legislation” means, (a) with respect to any EEA Member Country implementing Article
55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the
resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). 

“Bank of America” means Bank of America,
N.A.. 

“Bankruptcy Code” means 11 U.S.C. §§ 101 et seq. 

“Base Rate” means, at any time, the highest of (a) the Prime Rate, (b) the Federal Funds Rate plus 0.50% and
(c) 
LIBORTerm
SOFR for an Interest Period of one (1) month plus one percent (1%); each change in the Base Rate shall take effect simultaneously with the corresponding change or changes in the Prime
Rate, the Federal Funds Rate or
LIBORTerm
SOFR (provided that clause (c) shall not be applicable during any period in which
LIBORTerm
SOFR is unavailable or unascertainable). Notwithstanding the foregoing, in no event shall the Base Rate be less than zero percent (0%). 

  
 5 

 “Base Rate Loan” means any Loan bearing interest at a rate based upon the
Base Rate as provided in Section 5.1(a). 

“Benchmark” means, initially, LIBOR; provided that if a
replacement of the Benchmark has occurred pursuant to Section 5.8(c) then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate. Any reference to
“Benchmark” shall include, as applicable, the published component used in the calculation thereof. 

“Benchmark Replacement” means, 
  

	 	(1)	 For purposes of
Section 5.8(c)(i), the first alternative set forth below that can be determined by the Administrative Agent:

  

	 	(a)	 the sum of: (i) Term SOFR and (ii) 0.11448% (11.448 basis points) for an
Available Tenor of one-month’s duration, 0.26161% (26.161 basis points) for an Available Tenor of three-months’ duration, 0.42826% (42.826 basis points) for an Available Tenor of six-months’ duration, and 0.71513% (71.513 basis points) for an Available Tenor of twelve-months’ duration, or 

 

	 	(b)	 the sum of: (i) Daily Simple SOFR and (ii) 0.26161% (26.161 basis
points); 

provided that, if initially LIBOR is replaced with the rate contained in clause
(b) above (Daily Simple SOFR plus the
applicable spread adjustment) and subsequent to such replacement, the Administrative Agent determines, in consultation with the Borrower, that Term
SOFR has become available and, in its sole discretion, is administratively feasible for the Administrative Agent, and the Administrative Agent notifies
the Borrower and each Lender of such availability,
then from and after the beginning of the Interest Period, relevant interest payment date or payment period for interest calculated, in each case, commencing no less than thirty (30) days after the date of such notice, the Benchmark Replacement shall
be as set forth in clause (a) above;
and 
 (2) For purposes of
Section 5.8(c)(ii), the sum of
(a) the alternate benchmark rate and (b) an adjustment (which may be a positive or negative value or zero), in each case, that has been selected by the Administrative Agent and the Borrower as the replacement Benchmark giving due
consideration to any evolving or then-prevailing market convention, including any applicable recommendations made by a Relevant Governmental Body, for U.S. dollar-denominated syndicated credit facilities at such time; 

provided
that, if the Benchmark Replacement as determined pursuant to
clause (1) or (2) above would be less than 0.00%, the Benchmark Replacement
will be deemed to be 0.00% for the purposes of this Agreement and the other Loan Documents. 

Any Benchmark Replacement shall be applied in a manner consistent with market practice;
provided that to the extent such market
practice is not administratively feasible for the Administrative Agent, such Benchmark Replacement shall be applied in a manner as otherwise reasonably determined by the Administrative Agent, in consultation with the Borrower. 

“Benchmark Replacement Conforming Changes” means, with respect to any Benchmark Replacement, any technical,
administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Business Day,” the
definition of “Interest Period,” timing and
frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation
notices, the applicability and length of lookback
periods, the applicability of breakage provisions,
and other technical, administrative or operational
matters) that the Administrative Agent decides may be
appropriate to reflect the adoption and
implementation of such Benchmark 

  
 6 

 
Replacement and
to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent
decides that adoption of any portion of such market
practice is not administratively feasible or if the Administrative Agent determines that no market practice for the administration of such Benchmark Replacement
exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the administration of
this Agreement and the other Loan Documents). 

“Benchmark Transition Event” means, with respect to any
then-current Benchmark other than LIBOR, the occurrence of a public statement or publication of information by or on behalf of the administrator of the then-current Benchmark or a Governmental Authority with jurisdiction over such administrator
announcing or stating that all Available Tenors are or will no longer be representative, or made available, or used for determining the interest rate of loans, or shall or will otherwise cease, provided that, at the time of such statement or publication, there is no successor administrator that is satisfactory to the Administrative Agent, that will continue to provide any representative tenors of such Benchmark after such specific date. 

“Beneficial Ownership Certification” means a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation. 

“Beneficial Ownership Regulation” means 31
CFR.F.R. § 1010.230. 
 “Benefit Plan” means any of (a) an “employee
benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA
Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”. 

“Borrower” means Dorman Products, Inc., a Pennsylvania corporation. 

“Borrower Materials” has the meaning assigned thereto in Section 8.2. 

“Borrowing”
 means a Revolving Credit Borrowing, a Borrowing of Swingline Loans, or Borrowing of Term Loans, as the context may require. 

“Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks are authorized to close
under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office is located. 
 “Calculation
Date” has the meaning assigned thereto in the definition of “Applicable
Margin”. 

“Capital Expenditures” means, with respect to the Borrower and its Subsidiaries on a Consolidated basis, for any period,
(a) the additions to property, plant and equipment and other capital expenditures that are (or would be) set forth in a consolidated statement of cash flows of such Person for such period prepared in accordance with GAAP and (b) Capital
Lease Obligations during such period, but excluding (i) expenditures for the restoration, repair or replacement of any fixed or capital asset which was destroyed or damaged, in whole or in part, to the extent financed by the proceeds of an
insurance policy maintained by such Person and (ii) any expenditure to the extent constituting Permitted Acquisition Consideration. 

“Capital Lease Obligations” of any Person means, subject to Section 1.3(b), the obligations of such Person to pay
rent or other amounts under any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet of
such Person under GAAP, and the amount of such obligations shall be the capitalized amount thereof determined in accordance with GAAP. 

“Cash Collateralize” means, to deposit in a deposit account subject to sole dominion and control of the Administrative Agent
or to pledge and deposit with, or deliver to the Administrative Agent, or directly to the applicable Issuing Lender (with notice thereof to the Administrative Agent), for the benefit of one or more of the Issuing Lenders, the Swingline Lender or the
Lenders, as collateral for L/C Obligations or obligations of the Lenders to fund participations in respect of L/C Obligations or Swingline Loans, cash or deposit account balances or, if the Administrative Agent and the applicable Issuing Lender and
the Swingline Lender shall agree, in their sole discretion, other credit support, in each case pursuant to documentation in form and substance satisfactory to the Administrative Agent, such Issuing Lender and the Swingline Lender, as applicable.
“Cash Collateral” shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support. 

  
 7 

 “Cash Equivalents” means, collectively, (a) marketable direct
obligations issued or unconditionally guaranteed by the United States or any agency thereof maturing within one hundred eighty (180) days from the date of acquisition thereof; (b) marketable direct obligations issued by any state,
commonwealth or territory of the United States or any political subdivision of any such state, commonwealth or territory, as applicable, maturing within one hundred eighty (180) days from the date of acquisition thereof and having, at the time
of the acquisition thereof, one of the two highest ratings obtainable from either S&P, Moody’s or Fitch; (c) commercial paper maturing no more than one hundred eighty (180) days from the date of creation thereof and currently
having a rating of at least A-1 from S&P, P-1 from Moody’s or F1 from Fitch; (d) certificates of deposit maturing no more than one hundred eighty
(180) days from the date of creation thereof issued by commercial banks incorporated under the laws of the United States, each having combined capital, surplus and undivided profits of not less than $500,000,000 and having a rating of
“A” or better by a nationally recognized rating agency; (e) repurchase agreements entered into by any Person with a commercial bank described in clause (d) above (including any of the Lenders) for direct obligations issued
or fully guaranteed by the United States; (f) time deposits maturing no more than thirty (30) days from the date of creation thereof with commercial banks or savings banks or savings and loan associations each having membership either in
the FDIC or the deposits of which are insured by the FDIC and in amounts not exceeding the maximum amounts of insurance thereunder; and (g) shares of any money market mutual fund that: (i) has at least ninety-five percent (95%) of its
assets invested continuously in the types of investments referred to in clauses (a) and (b) above; (ii) has net assets of not less than $2,000,000,000; and (iii) has the highest rating obtainable from either S&P or
Moody’s. 
 “Cash Management Agreement” means any agreement to provide cash management services, including treasury,
depository, overdraft, credit or debit card (including non-card electronic payables and purchasing cards), electronic funds transfer and other cash management arrangements. 

“CFC” means a Foreign Subsidiary that is a “controlled foreign corporation” under Section 957 of the Code.

 “CFC Holdco” means a Domestic Subsidiary that owns no material assets other than Equity Interests (or Equity Interests
and Indebtedness) of one or more Foreign Subsidiaries that are CFCs. 
 “Change in Control” means an event or series of
events by which any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Exchange Act, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its
capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the
Exchange Act, except that a “person” or “group” shall be deemed to have “beneficial ownership” of all Equity Interests that such “person” or “group” has the right to acquire, whether such right is
exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of more than thirty-five percent (35%) of the Equity Interests of the Borrower entitled to vote for members of the
board of directors (or equivalent governing body) of the Borrower on a fully diluted basis (and taking into account all such securities that such “person” or “group” has the right to acquire pursuant to any option right). 

“Change in Law” means the occurrence, after the Closing Date, of any of the following: (a) the adoption or taking effect
of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of
any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer
Protection Act and all requests, rules, guidelines, requirements or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel
Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in Law”, regardless of the
date enacted, adopted, implemented or issued. 

  
 8 

 “Class” means, when used in reference to any Loan, whether such Loan is a
Revolving Credit Loan, Swingline Loan, Amendment No. 1 Term
Loan or Incremental Term Loan and, when used in reference to any Commitment, whether such Commitment is a Revolving Credit Commitment, Amendment No. 1 Term Loan Commitment or an Incremental Term Loan
Commitment. 
 “Closing Date” means August 10, 2021. 

“CME”
 means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Funding Rate (SOFR) (or any successor administrator). 

“Co-Documentation Agents” means, (i) as of the Closing Date, each of BMO Harris Bank N.A. and TD
Bank, N.A. and (ii) with respect to Amendment No. 1 and thereafter, TD Bank, N.A. 
 “Co-Syndication Agents” means, (i) as of the Closing Date, each of PNC Capital Markets LLC and
Wells Fargo Securities,
LLCBank, N.A., in its capacity as co-syndication agent and
(ii) with respect to Amendment No. 1 and thereafter, each of PNC Capital Markets LLC, Wells Fargo Bank, N.A. and BMO Capital Markets Corp., in its capacity as co-syndication agent. 
 “Code” means the Internal Revenue Code of 1986, as
amended. 
 “Collateral” means the collateral security for the Secured Obligations pledged or granted pursuant to the
Security Documents, including any and all property subject (or purported to be subject) to a Lien under the Security Documents. 

“Collateral Agreement” means the collateral agreement, dated as of the Closing Date, executed by the Credit Parties in favor
of the Administrative Agent, for the benefit of the Secured Parties, as amended, restated, supplemented or otherwise modified from time to time. 

“Collateral Release” has the meaning assigned thereto in Section 11.10(ii). 

“Collateral Release Date” means any date after the Closing Date on which at least two of the following ratings events shall
have occurred: (a) Moody’s has in effect a corporate family rating of Baa3 or higher with respect to the Borrower, (b) S&P has in effect a corporate credit rating of BBB- or higher with
respect to the Borrower and (c) Fitch has in effect a corporate credit rating of BBB- or higher with respect to the Borrower. 

“Collateral Release Period” means any period after the Closing Date commencing on the occurrence of a Collateral Release Date
and ending on the Collateral Trigger Date, if any. 
 “Collateral Trigger Date” means any date after a Collateral Release
Period, on which at least two of the following ratings events shall have occurred: (1) Moody’s has in effect a corporate family rating of Ba1 or lower with respect to the Borrower, (b) S&P has in effect a corporate credit rating
of BB+ or lower with respect to the Borrower and (c) Fitch has in effect a corporate credit rating of BB+ or lower with respect to the Borrower. 

“Commitment Fee” has the meaning assigned thereto in Section 5.3(a). 

“Commitment Percentage” means, as to any Lender, such Lender’s Revolving Credit Commitment Percentage or Term Loan Percentage, as applicable. 

“Commitments” means, collectively, as to all Lenders, the Revolving Credit Commitments and the IncrementalAmendment
No. 1 Term Loan Commitments of such Lenders. 
 “Committed Loan
Notice” means a notice of (a) a Revolving Credit Borrowing
or, (b) Term Loan Borrowing or (c) a conversion of Loans from one
Class to the other, which shall be substantially in the form of Exhibit B or Exhibit E, as applicable, or such other form as may be approved by the Administrative Agent,
(including any form on an electronic platform or electronic
transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower. 
 “Communication” has the meaning assigned thereto in Section 12.16(b). 

“Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. § 1 et seq.). 

“Communication”
 has the meaning assigned thereto in Section 12.16(b). 
 “Company
Group Material Adverse Effect” has the meaning assigned to the term “Company Group Material Adverse Effect” in the Acquisition Agreement as in effect on June 25, 2021. 

  
 9 

“
Conforming Changes” means, with respect to the use, administration of or any conventions associated with SOFR or any proposed Successor Rate or Term SOFR, as
applicable, any conforming changes to the definitions of “Base Rate”, “SOFR”, “Term SOFR” and “Interest Period”, timing and frequency of determining rates and making payments of interest and other technical, administrative or operational
matters (including, for the avoidance of doubt, the
definition of “Business Day” and “U.S. Government Securities Business Day”, timing of
borrowing requests or prepayment, conversion or continuation notices and length of lookback periods) as may
be appropriate, in the discretion of the Administrative Agent,
to reflect the adoption and implementation of such applicable rate(s) and to permit the administration thereof by the Administrative Agent in a manner substantially consistent with market
practice (or, if the Administrative Agent
determines that adoption of any portion of such market practice is not administratively feasible or that no market practice for the
administration of such rate exists, in such other manner of administration as the Administrative
Agent determines is reasonably necessary in connection with the administration of this Agreement and any other Loan
Document). 
 “Connection Income Taxes” means Other Connection
Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. 

“Consolidated” means, when used with reference to financial statements or financial statement items of any Person, such
statements or items on a consolidated basis in accordance with applicable principles of consolidation under GAAP but, for the avoidance of doubt, excluding any Unrestricted Subsidiaries. 

“Consolidated EBITDA” means for any period, the sum of the following determined on a Consolidated basis, without duplication,
for the Borrower and its Subsidiaries in accordance with GAAP: 
 (a) Consolidated Net Income for such period plus (b) the sum
of the following, without duplication, to the extent deducted in determining Consolidated Net Income for such period (other than in respect of clause (vii)): (i) income and franchise taxes, (ii) Consolidated Interest Expense,
(iii) amortization, depreciation and other non-cash charges, expenses, losses or impairments (except to the extent that such non-cash charges are reserved for cash
charges to be taken in the future), including, without limitation, those relating to stock based compensation, retirement plan expenses and LIFO reserve, (iv) Transaction Costs, (v) losses, expenses, write-offs or charges that are
extraordinary, unusual or non-recurring, including, without limitation, losses on the sale of equipment or swap breakage costs, (vi) restructuring or similar charges, losses or expenses (including without
limitation severance, integration, facility opening and closing costs, new contracts and business optimization), including accruals or reserves, (vii) Pro Forma Synergies for such period; provided that the aggregate amount added to
Consolidated EBITDA, excluding Pro Forma Synergies resulting from the DPL Acquisition and the Super ATV
Acquisition, pursuant to the foregoing clause (vii) for any period shall not exceed twenty-five percent (25%) of Consolidated EBITDA for such period and (viii) net unrealized
losses on Hedge Agreements less (c) the sum of the following, without duplication, to the extent included in determining Consolidated Net Income for such period: (i) net unrealized gains on Hedge Agreements and (ii) unusual or non-recurring gains or non-cash income (including gains on sale of equipment or business) increasing Consolidated Net Income. For purposes of this Agreement, Consolidated
EBITDA shall be determined on a Pro Forma Basis. 
 “Consolidated Funded Indebtedness” means, with respect to the
Borrower and its Subsidiaries, as of any date of determination on a Consolidated basis without duplication, the sum of the aggregate principal amount of Indebtedness outstanding as of such date of the type described in clauses (a),
(c), (f) (limited to the amounts thereunder that have been drawn and not reimbursed) and (i) (but only to the extent relating to the foregoing clauses) of the definition of “Indebtedness” of the Borrower and its
Subsidiaries. 

  
 10 

 “Consolidated Interest Coverage Ratio” means, for any period ending as of
any date, the ratio of LTM EBITDA as of such date to Consolidated Interest Expense for the Reference Period that has most recently ended on or prior to the last day of such period. 

“Consolidated Interest Expense” shall be defined as consolidated interest expense, determined in accordance with GAAP, of the
Borrower and its Subsidiaries and paid in cash by the Borrower or any of its Subsidiaries, excluding, for the avoidance of doubt, (x) amortization of deferred financing fees, debt issuance costs, commissions, fees and expenses, (y) any
expensing of bridge, commitment and other financing fees and (z) any non-cash interest expense attributable to the movement in the
mark-to-market valuation of derivative instruments pursuant to GAAP or any other non-cash interest payments. 

“Consolidated Net Income” means, for any period, the net income (or loss) of the Borrower and its Subsidiaries for such
period, determined on a Consolidated basis, without duplication, in accordance with GAAP; provided that in calculating Consolidated Net Income of the Borrower and its Subsidiaries for any period, there shall be excluded (a) the net
income (or loss) of any Person (other than a Subsidiary which shall be subject to clause (c) below), in which the Borrower or any of its Subsidiaries has a joint interest with a third party, except to the extent such net income is
actually paid in cash to the Borrower or any of its Subsidiaries by dividend or other distribution during such period, (b) the net income (or loss) of any Person accrued prior to the date it becomes a Subsidiary of the Borrower or any of its
Subsidiaries or is merged into or consolidated with the Borrower or any of its Subsidiaries or that Person’s assets are acquired by the Borrower or any of its Subsidiaries except (i) to the extent included pursuant to the foregoing
clause (a) or (ii) in connection with any calculation on a Pro Forma Basis, (c) the net income (if positive), of any Non-Guarantor Subsidiary to the extent that the declaration or payment of
dividends or similar distributions by such Non-Guarantor Subsidiary to the Borrower or any Subsidiary Guarantors of such net income (i) is not at the time permitted by operation of the terms of its
charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to such Subsidiary or (ii) would be subject to any taxes payable on such dividends or distributions, but in each case only to the
extent of such prohibition or taxes, (d) the cumulative effect of a change in accounting principles during such period, (e) the net after-tax effect of extraordinary,
non-recurring, unusual or exceptional gains, losses, charges and expenses during such period, including those related to claims or litigation, (f) the net after-tax
effect of gains, losses, charges and expenses during such period attributable to (x) Asset Dispositions or the sale of Equity Interests of any Person not in the ordinary course of business, (y) disposed, closed or discontinued operations
(and the disposal thereof) and (z) the early extinguishment or conversion of Indebtedness, Permitted Receivables Facilities, Hedge Agreements or other derivatives (including write-offs of deferred financing expenses and premiums paid) during
such period, (g) the effects of adjustments related to purchase accounting during such period, (h) impairment and amortization charges, asset write offs and write downs during such period,
(i) non-cash compensation charges and expenses during such period, (j) non-cash losses, charges, expenses from earn-out
obligations during such period, (k) net unrealized losses on Hedge Agreements, (l) net income or loss of Unrestricted Subsidiaries or persons that are not Subsidiaries unless received in cash during such period and (m) charges,
expenses, premiums and fees incurred during such period, including financial advisory, accounting, auditor, legal and other consulting and advisory fees and any or other filing fees and expenses, or any amortization thereof, in connection with
issuance of equity or debt (including the Credit Facility and any amendments, modifications or refinancing thereto, including those undertaken but not completed) and any Acquisitions, Investments or Asset Dispositions permitted under this Agreement,
including those undertaken but not completed. 
 “Consolidated Secured Indebtedness” means, with respect to the Borrower
and its Subsidiaries, as of any date of determination on a Consolidated basis without duplication, the aggregate principal amount of all Consolidated Funded Indebtedness of the Borrower and its Subsidiaries outstanding as of such date that is
secured by Liens on any property or assets of the Borrower or any of its Subsidiaries. 

  
 11 

 “Consolidated Total Assets” shall mean, as of any date of determination,
the amount that would, in conformity with GAAP, be set forth opposite the caption “total assets” (or any like caption) on a consolidated balance sheet of the Borrower as of such date of the most recently ended Reference Period. 

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

“Corresponding Tenor” with respect to any Available Tenor means,
as applicable, either a tenor (including overnight) or an interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor.

 “Credit Facility” means, collectively, the Revolving Credit Facility, the Term Loan Facility, the Swingline Facility and the L/C Facility.

 “Credit Parties” means, collectively, the Borrower and the Subsidiary Guarantors. 

“Cumulative Available Amount” means an amount equal to (A) the sum of (a) $25,000,000; plus (b) 100% of the Net
Cash Proceeds from issuances of Qualified Equity Interests of the Borrower after the Closing Date (including conversions of Indebtedness to Qualified Equity Interests of the Borrower), to the extent such Net Cash Proceeds shall not have been relied
upon to incur Indebtedness pursuant to Section 9.1(o); plus (c) 50% of cumulative Consolidated Net Income (but not less than zero) beginning with the fiscal quarter in which the Closing Date occurs; plus (d) the amount
of (i) all returns in cash from partial or total sales of Investments made in reliance on the Cumulative Available Amount pursuant to Section 9.3(q) and (ii) returns, repayments, profits, dividends or interest received in cash
resulting from Investments made in reliance on the Cumulative Available Amount pursuant to Section 9.3(q) less (B) the cumulative amount of Investments made using the Cumulative Available Amount pursuant to
Section 9.3(q). 
 “Customary Intercreditor Agreement” means 

(i) with respect to any Indebtedness being secured on a pari passu basis to the Liens securing the Obligations, an intercreditor
agreement the terms of which are consistent with market terms (as determined by the Borrower and the Administrative Agent in good faith) for pari passu intercreditor agreements governing rights and remedies with respect to collateral and
control of remedies at the time the relevant intercreditor agreement is proposed to be established in light of the type of Indebtedness subject thereto; and 

(ii) with respect to any Indebtedness being secured on a junior lien basis to the Liens securing the Obligations an intercreditor agreement
the terms of which are consistent with market terms (as determined by the Borrower and the Administrative Agent in good faith) for intercreditor agreements governing subordination of Liens and related intercreditor matters at the time the relevant
intercreditor agreement is proposed to be established in light of the type of Indebtedness subject thereto. 
 “Daily Simple
SOFR” with respect to any applicable determination date means the secured overnight financing rate (“SOFR”)
published on such date by the Federal Reserve Bank of New York, as the administrator of the benchmark (or a successor administrator) on the Federal Reserve Bank of New York’s website (or
any successor source). 

  
 12 

 “Debt Issuance” means the issuanceincurrence
 of any Indebtedness for borrowed money by any Credit Party
or any of its Subsidiaries (other than any incurrence of Indebtedness permitted to be incurred by such Credit
Party or Subsidiary pursuant to Section 9.1). 
 “Debtor Relief
Laws” means the Bankruptcy Code of the United States of America, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or
similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect. 
 “Default”
means any of the events specified in Section 10.1 which with the passage of time, the giving of notice or any other condition, would constitute an Event of Default. 

“Defaulting Lender” means, subject to Section 5.15(b), any Lender that (a) has failed to (i) fund all
or any portion of the Revolving
Creditits Loans required to be funded by it
hereunder within two (2) Business Days of the date such Loans or participations were required to be funded hereunder unless such Lender notifies the Administrative Agent and the Borrower in writing that such failure is the result of such
Lender’s determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable default, shall be specifically identified in such writing) has not been satisfied, or (ii) pay to the
Administrative Agent, any Issuing Lender, the Swingline Lender or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit or Swingline Loans) within two (2) Business
Days of the date when due, (b) has notified the Borrower, the Administrative Agent, any Issuing Lender or the Swingline Lender in writing that it does not intend to comply with its funding obligations hereunder, or has made a public statement
to that effect (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such Lender’s determination that a condition precedent to funding (which
condition precedent, together with any applicable default, shall be specifically identified in such writing or public statement) cannot be satisfied), (c) has failed, within three (3) Business Days after written request by the Administrative
Agent or the Borrower, to confirm in writing to the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that such Lender shall cease to be a Defaulting Lender pursuant to this
clause (c) upon receipt of such written confirmation by the Administrative Agent and the Borrower), or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under any Debtor Relief
Law, (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the FDIC or any
other state or federal regulatory authority acting in such a capacity or (iii) become the subject of a Bail-In Action; provided that a Lender shall not be a Defaulting Lender solely by virtue of
the ownership or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from the
jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or agreements
made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above shall be conclusive and binding absent manifest error, and such
Lender shall be deemed to be a Defaulting Lender (subject to Section 5.15(b)) upon delivery of written notice of such determination to the Borrower, each Issuing Lender, the Swingline Lender and each Lender. 

  
 13 

 “Disqualified Equity Interests” means any Equity Interests that, by their
terms (or by the terms of any security or other Equity Interest into which they are convertible or for which they are exchangeable) or upon the happening of any event or condition, (a) mature or are mandatorily redeemable (other than solely for
Qualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event
shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Commitments), (b) are redeemable at the option of the holder thereof (other than solely for Qualified
Equity Interests) (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and
all other Obligations that are accrued and payable and the termination of the Commitments), in whole or in part, (c) provide for the scheduled payment of dividends in cash or (d) are or become convertible into or exchangeable for
Indebtedness or any other Equity Interests that would constitute Disqualified Equity Interests, in each case, prior to the date that is ninety-one (91) days after the Latest Maturity Date; provided
that if such Equity Interests are issued pursuant to a plan for the benefit of the Borrower or its Subsidiaries or by any such plan to such officers or employees, such Equity Interests shall not constitute Disqualified Equity Interests solely
because they may be required to be repurchased by the Borrower or its Subsidiaries in order to satisfy applicable statutory or regulatory obligations. 

“Disqualified Institution” means any financial institution or other Person that (i) has been specified by Borrower to
the Administrative Agent in writing on or prior to June 25, 2021, (ii) is a competitor of the Borrower, the Acquired
Company, Super ATV and Borrower’s and, Acquired Company’s and Super ATV’s Subsidiaries specified by Borrower to the Administrative Agent in writing on or prior to June 25, 2021 (which list of competitors may be supplemented by Borrower after the Closing Date by means of a written
notice to the Administrative Agent but which supplementation shall not become effective until the next Business Day after the date such supplementation is provided), (iii) has been posted for the Lenders on the Platform and (iv) in the case of
each of clauses (i) and (ii) of this definition, any of their Affiliates (which, for the avoidance of doubt, shall not include any bona fide debt investment funds or commercial banks or similar financial institutions that are
Affiliates of the persons referenced in clause (ii) of this definition above) that are either (a) identified in writing by Borrower to the Administrative Agent from time to time (but which supplementation shall not become effective
until the next Business Day after the date such supplementation is provided) or (b) readily identifiable solely on the basis of such Affiliate’s name; provided that, for the avoidance of doubt, any such additional supplementation
referred to in clause (ii) or (iv) of this definition shall not apply retroactively to any prior assignment to or by any Lender permitted hereunder at the time of such assignment); provided, further, that “Disqualified Institutions” shall exclude any Person that the
Borrower has designated as no longer being a “Disqualified Institution” by written notice delivered to the Administrative Agent and the Lenders from time to time. The Lenders may disclose, on a confidential basis, the Disqualified
Institutions posted on the Platform to potential lenders in connection with a bona fide potential sale. 
 “Dollars”
or “$” means, unless otherwise qualified, dollars in lawful currency of the United States. 
 “Domestic
Subsidiary” means any Subsidiary organized under the laws of the United States, any state thereof or the District of Columbia. 

“DPL Acquisition” has the meaning assigned thereto in the Statement of Purpose. 

“Early Opt-in Effective
Date” means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date
notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of
such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required
Lenders 

  
 14 

“Early Opt-in Election”
means the occurrence of: 
 (a) a determination by the
Administrative Agent, or a notification by the Borrower to the Administrative Agent that the Borrower has made a determination, that U.S. dollar-denominated syndicated credit facilities currently being executed, or that include language similar to
that contained in Section 5.8(c), are being executed or amended (as applicable) to incorporate or adopt a new benchmark interest rate to replace LIBOR, and

 (b) the joint election by the Administrative Agent and the Borrower to replace LIBOR with a Benchmark
Replacement and the provision by the Administrative Agent of written notice of such election to the Lenders. 

“EEA Financial Institution” means (a) any credit institution or investment firm established in any EEA Member Country
which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial
institution established in an EEA Member Country which is a subsidiary of an institution described in clauses
(a) or (b) of this definition and is subject to consolidated supervision with its parent. 

“EEA Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway. 

“EEA Resolution Authority” means any public administrative authority or any Person entrusted with public administrative
authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any credit institution or investment firm established in any EEA Member Country. 

“Electronic Record” has the meaning assigned to that term in, and shall be interpreted in accordance with, 15 U.S.C. 7006.

 “Electronic Signature” has the meaning assigned to that term in, and shall be interpreted in accordance with, 15 U.S.C.
7006. 
 “Eligible Assignee” means any Person that meets the requirements to be an assignee under
Section 12.9(b)(iii), (v) and (vi) (subject to such consents, if any, as may be required under Section 12.9(b)(iii)); provided that, subject to the provisos set forth in the definition of
“Disqualified Institution”, in no event shall a Disqualified Institution constitute an Eligible Assignee. 
 “Employee
Benefit Plan” means (a) any employee benefit plan within the meaning of Section 3(3) of ERISA that is maintained for employees of any Credit Party or (b) any Pension Plan or Multiemployer Plan that has at any time within the
preceding six (6) years been maintained, funded or administered for the employees of any Credit Party or any current or former ERISA Affiliate. 

“Environmental Laws” means any and all applicable federal, foreign, state, provincial and local laws, statutes, ordinances,
codes, rules, standards (having the force of law) and regulations, permits, licenses, approvals, interpretations (having the force of law) and orders of courts or Governmental Authorities, relating to the protection of human health or the
environment, including, but not limited to, requirements pertaining to the manufacture, processing, distribution, use, treatment, storage, disposal, transportation, handling, reporting, licensing, permitting, investigation or remediation of
hazardous or toxic materials. 

  
 15 

 “Environmental Liability” means all liabilities, obligations, damages,
losses, claims, actions, suits, judgments, orders, fines, penalties, fees, expenses and costs (including administrative oversight costs, natural resource damages, monitoring and remediation costs and reasonable fees and expenses of attorneys and
consultants), whether contingent or otherwise, including those arising out of or relating to: (a) compliance or non-compliance with any Environmental Law, (b) the generation, use, handling,
transportation, storage, treatment, recycling, disposal (or arrangement for such activities) of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the presence, release or disposal of any Hazardous Materials or
(e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Environmental Permits” means all permits, licenses, registrations, notifications and other approvals required under
applicable Environmental Law. 
 “Equity Interests” means (a) in the case of a corporation, capital stock, (b) in
the case of an association or business entity, any and all shares, interests, participations, rights or other equivalents (however designated) of capital stock, (c) in the case of a partnership, partnership interests (whether general or
limited), (d) in the case of a limited liability company, membership interests, (e) any other interest or participation that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the
issuing Person and (f) any and all warrants, rights or options to purchase any of the foregoing. 
 “ERISA” means the
Employee Retirement Income Security Act of 1974, and the rules and regulations thereunder. 
 “ERISA Affiliate” means any
Person who together with any Credit Party or any of its subsidiaries is treated as a single employer within the meaning of Section 414(b), (c), (m) or (o) of the Code or Section 4001(b) of ERISA. 

“EU Bail-In Legislation Schedule” means the EU
Bail-In Legislation Schedule published by the Loan Market Association (or any successor thereto), as in effect from time to time. 

“Eurodollar Reserve Percentage” means, for any day, the
percentage which is in effect for such day as prescribed by the FRB for determining the maximum reserve requirement (including, without limitation, any basic, supplemental or emergency reserves) in respect of eurocurrency liabilities or any similar
category of liabilities for a member bank of the Federal Reserve System in New York City. 

“Event of Default” means any of the events specified in Section 10.1; provided that any requirement for
passage of time, giving of notice, or any other condition, has been satisfied. 
 “Exchange Act” means the Securities
Exchange Act of 1934. 
 “Excluded Information” means information regarding the Borrower, the Subsidiaries or their
respective affiliates not known to such Lender and that may be material to a decision by such Lender to participate in such applicable transaction (including Material Non-Public Information). 

“Excluded Subsidiary” means (a) [reserved], (b) any Domestic Subsidiary of a Foreign Subsidiary that is a CFC, (c) any
CFC Holdco, (d) any Subsidiary that is prohibited by Applicable Law or by any contractual obligation existing on the Closing Date or existing at the time of acquisition of such 

  
 16 

 
Subsidiary after the Closing Date (and not incurred in contemplation of such acquisition), in each case from Guaranteeing the Obligations, but only so long as such prohibition exists,
(e) any Unrestricted Subsidiary, (f) any Receivables Subsidiary, (g) any other Subsidiary with respect to which the Administrative Agent and the Borrower mutually agree that the cost of providing a Guarantee would be excessive in
relation to the benefit to be afforded thereby, (h) each Immaterial Subsidiary and (i) each Subsidiary that is not Wholly-Owned; provided, however, that no Subsidiary that ceases to be Wholly-Owned after the Closing Date
shall be an Excluded Subsidiary pursuant to clause (i), unless such Subsidiary ceased to be Wholly-Owned Subsidiary due to a sale, transfer or disposition of Equity Interests of such Subsidiary to a Person that is not an Affiliate of Borrower
and such sale, transfer or disposition was effectuated for a bona fide business purpose. 
 “Excluded Swap Obligation”
means, with respect to any Credit Party, any Swap Obligation if, and to the extent that, all or a portion of the liability of such Credit Party for or the guarantee of such Credit Party of, or the grant by such Credit Party of a security interest to
secure, such Swap Obligation (or any liability or guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation
of any thereof) by virtue of such Credit Party’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the liability for or the
guarantee of such Credit Party or the grant of such security interest becomes effective with respect to such Swap Obligation (such determination being made after giving effect to any applicable keepwell, support or other agreement for the benefit of
the applicable Credit Party, including under the keepwell provisions in the Subsidiary Guaranty Agreement). If a Swap Obligation arises under a master agreement governing more than one swap, such exclusion shall apply only to the portion of such
Swap Obligation that is attributable to swaps for which such guarantee or security interest is or becomes illegal for the reasons identified in the immediately preceding sentence of this definition. 

“Excluded Taxes” means any of the following Taxes imposed on or with respect to a Recipient or required to be withheld or
deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized under the laws
of, or having its principal office or, in the case of any Lender, its applicable Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case
of a Lender, United States federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender
acquires such interest in the applicable Commitment, or if such Lender did not fund the applicable Loan pursuant to a prior Commitment, on the date such Lender acquires the applicable interest in such Loan (other than, in each case, pursuant to an
assignment request by the Borrower under Section 5.12(b)) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to Section 5.11, amounts with respect to such Taxes were payable
either to such Lender’s assignor immediately before such Lender acquired the applicable interest in the applicable Loan or Commitment or to such Lender immediately before it changed its Lending Office, (c) Taxes attributable to such
Recipient’s failure to comply with Section 5.11(g) and (d) any United States federal withholding Taxes imposed under FATCA. 

“Existing Letters of Credit” means those letters of credit existing on the Closing Date and identified on Schedule
1.1(a). 
 “Extended Revolving Credit Commitment” means any Class of Revolving Credit Commitments the expiry of
which shall have been extended pursuant to Section 5.16. 

  
 17 

“Extended Revolving
 Credit Lender” means any Lender with Extended Revolving Credit Commitments and/or outstanding Extended Revolving Credit Loans. 

“Extended
 Revolving Credit Loans” means any Revolving Credit Loans made pursuant to
the Extended Revolving Credit Commitments. 

“Extended Revolving
CreditTerm Loans” means any
Revolving Credit Loans
madeClass of Term Loans the maturity of which shall have been extended pursuant to the Extended Revolving Credit CommitmentsSection 5.16. 

“Extension” has the meaning assigned thereto in Section 5.16(a). 

“Extension Amendment” means an amendment to this Agreement (which may, at the option of the Administrative Agent and the
Borrower, be in the form of an amendment and restatement of this Agreement) among the Credit Parties, the applicable extending Lenders, the Administrative Agent and, to the extent required by Section 5.16, the Issuing Lender and/or the
Swingline Lender implementing an Extension in accordance with Section 5.16. 
 “Extension Offer” has the
meaning assigned thereto in Section 5.16(a). 
 “Extensions of Credit” means, as to any Lender at any time,
(a) an amount equal to the sum of (i) the aggregate principal amount of all Revolving Credit Loans made by such Lender then outstanding, (ii) such Lender’s Revolving Credit Commitment Percentage of the L/C Obligations then
outstanding
and, (iii) such Lender’s Revolving
Credit Commitment Percentage of the Swingline Loans then outstanding and (iv) the aggregate principal
amount of Term Loans made by such Lender then outstanding, or (b) the making of any Loan or participation in any Letter of Credit by such Lender, as the context requires. 

“FASB ASC” means the Accounting Standards Codification of the Financial Accounting Standards Board. 

“FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version
that is substantively comparable and not materially more onerous to comply with), any current or future regulations thereunder or official interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code as of the
date of this Agreement (or any amended or successor version described above) and any intergovernmental agreements (and related legislation, rules or official administrative guidance) implementing the foregoing. 

“FCA” has the meaning assigned thereto in
Section 
1.11means Financial Conduct Authority.

 “FDIC” means the Federal Deposit Insurance Corporation. 

“Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System, as publishedcalculated by the Federal Reserve Bank of New York on the Business Daybased on
such day’s federal funds transactions by depository institutions (as determined in such manner as the Federal Reserve Bank of New York shall set forth on its public website from time to time) and published on the next succeeding
suchBusiness

dDay by the Federal Reserve Bank of New
York as the federal funds effective rate;
provided that if such rate is not so published for any day which is a Business Day, the Federal Funds Rate for such day shall be the average of the
quotation for such day on such transactions received by the Administrative Agent from three federal funds brokers of recognized standing selected by the Administrative Agent. Notwithstanding the foregoing, if the Federal Funds Rate
shallas so
determined would be less than zero, such rate shall be deemed to be zero for purposes of this Agreement. 

  
 18 

 “First Tier Foreign Subsidiary” means any Foreign Subsidiary, the Equity
Interests of which are owned directly by any Credit Party. 
 “Fiscal Year” means the fiscal year of the Borrower and its
subsidiaries ending on
(i) 
for all fiscal years ended prior to 2022, the last
Saturday of each December and (ii) for the 2022 fiscal year and all fiscal years thereafter, each
December 31. 
 “Fitch” means Fitch Ratings, Inc. and any
successor thereto. 
 “Foreign Lender” means a Lender that is not a U.S. Person. 

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

“FRB” means the Board of Governors of the Federal Reserve System
of the United States. 
 “Fronting Exposure” means, at any
time there is a Defaulting Lender, (a) with respect to any Issuing Lender, such Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation
obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than
Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders in accordance with the terms hereof. 

“Fund” means any Person (other than a natural Person) that is (or will be) engaged in making, purchasing, holding or
otherwise investing in commercial loans, bonds and similar extensions of credit in the ordinary course of its activities. 

“GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of
the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the
accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. 

“Governmental Approvals” means all authorizations, consents, approvals, permits, licenses and exemptions of, and all
registrations and filings with or issued by, any Governmental Authorities. 
 “Governmental Authority” means the government
of the United States or any other nation, or of any political subdivision thereof, whether state, local or otherwise, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative,
judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Guarantee” of or by any Person (the “guarantor”) means any obligation, contingent or otherwise, of the
guarantor guaranteeing or having the economic effect of guaranteeing any Indebtedness or other obligation of any other Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of the
guarantor, direct or indirect, (a) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation or to purchase (or to advance or supply funds for the purchase of) any security for the
payment thereof, (b) to 

  
 19 

 
purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness or other obligation of the payment thereof, (c) to maintain working capital,
equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, (d) as an account party in respect of any letter of credit or letter
of guaranty issued to support such Indebtedness or obligation or (e) for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other obligation of the payment or performance thereof or to protect such
obligee against loss in respect thereof (whether in whole or in part). 
 “Hazardous Materials” means any substances or
materials (a) which are or become defined as hazardous wastes, hazardous substances, pollutants, contaminants or toxic substances, or which are otherwise regulated, under any Environmental Law, (b) which are toxic, explosive, corrosive,
flammable, infectious, radioactive, carcinogenic, mutagenic or otherwise harmful to human health or the environment, (c) the presence of which require investigation or remediation under any Environmental Law or common law, (d) the
discharge or emission or release of which requires a permit or license under any Environmental Law or Environmental Permit, (e) which are deemed by a Governmental Authority to constitute a nuisance or a trespass which pose a health or safety
hazard to Persons or neighboring properties, or (f) which contain, without limitation, asbestos, polychlorinated biphenyls, urea formaldehyde foam insulation, petroleum hydrocarbons, petroleum derived substances or waste, crude oil, nuclear
fuel, natural gas or synthetic gas. 
 “Hedge Agreement” means (a) any and all rate swap transactions, basis swaps,
credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond
price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options,
spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and
(b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any
International Foreign Exchange Master Agreement, or any other master agreement. 
 “Hedge Termination Value” means, in
respect of any one or more Hedge Agreements, after taking into account the effect of any legally enforceable netting agreement relating to such Hedge Agreements, (a) for any date on or after the date such Hedge Agreements have been closed out
and termination value(s) determined in accordance therewith, such termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Hedge Agreements, as determined based upon one or more mid-market or other readily available quotations provided by any recognized
dealer in such Hedge Agreements (which may include a Lender or any Affiliate of a Lender). 
 “IBA” has the meaning assigned thereto in Section 1.11. 
 “Immaterial Subsidiary” means, as of the Closing Date and thereafter at any
date of determination, any Subsidiary of the Borrower (1) whose total assets as of the last day of the most recently-ended quarter (when taken together with the total assets of the Subsidiaries of such Subsidiary as of the last day of the most
recently ended quarter) were equal to or less than 5.0% of the Consolidated Total Assets at such date and (2) whose revenues for the four quarters most recently ended (when taken together with the revenues of the Subsidiaries of such Subsidiary
for the Reference Period) were equal to 

  
 20 

 
or less than 5.0% of the revenues of the Borrower and its Subsidiaries as a whole on a Consolidated basis for such Reference Period, in each case determined in accordance with GAAP;
provided that no Subsidiary shall be an Immaterial Subsidiary to the extent that as a result thereof (A) at the last day of the most recently-ended quarter the total assets of all Immaterial Subsidiaries were equal to or greater than
10.0% of the Consolidated Total Assets at such date or (B) the revenues of all Immaterial Subsidiaries for the Reference Period were equal to or greater than 10.0% of the revenues of the Borrower and its Subsidiaries as a whole on a
Consolidated basis for such Reference Period. 
 “Increased Amount Date” has the meaning assigned thereto in
Section 5.13(a). 
 “Incremental Equivalent Debt” has the meaning assigned thereto in
Section 9.1(n). 
 “Incremental Facilities Limit” means, with respect to any proposed incurrence of additional
Indebtedness under Section 5.13 or Section 9.1(n), at any time of determination, an amount equal to the sum of (I) the greater of (x) $200,000,000 and (y) 100% of LTM EBITDA at such time (this clause (I), the
“Incremental Dollar Amount”), minus the aggregate principal amount of any Incremental Equivalent Debt, Incremental Term Loan Commitments, Incremental Term Loans, Incremental Revolving Credit Commitments and Incremental
Revolving Credit Increases incurred or established in reliance on clause (I) above, plus (II)(A) the Revolving Credit Commitments voluntarily reduced following the Closing Date pursuant to Section 2.5 and (B) the
principal amount of voluntary prepayments by the Borrower of, or redemptions or repurchases by the Borrower of, any Incremental Equivalent Debt or
Term Loans (including for the avoidance of doubt, the Amendment No. 1 Term Loans or Incremental Term
Loans), in each case under this clause (II) to
the extent not financed with long-term Indebtedness but only to the extent the Incremental Equivalent Debt and such Incremental Term Loans so prepaid, redeemed or repurchased were secured by the Collateral on a pari passu basis with the
Obligations (this clause (II), the “Incremental Repayment Amount”) minus the aggregate principal amount of any Incremental Equivalent Debt, Incremental Term Loan Commitments, Incremental Term Loans, Incremental
Revolving Credit Commitments and Incremental Revolving Credit Increase incurred or established in reliance on clause (II) above, plus (III) additional amounts such that, after giving effect (on a Pro Forma Basis) to
(x) the incurrence of any Incremental Loans or any Incremental Equivalent Debt (without, in each case, netting the cash proceeds thereof), (y) the establishment of any Incremental Revolving Credit Commitments or Incremental Revolving Credit
Increase (with such Incremental Revolving Credit Commitments and Incremental Revolving Credit Increase being deemed to be fully funded and drawn) and (z) any Permitted Acquisition consummated in connection therewith or other use of proceeds or
Asset Disposition, the Secured Net Leverage Ratio would not exceed 2.75 to 1.00 (this clause (III), the “Incremental Ratio Amount”); provided that all or any portion of any Incremental Term Loans or Incremental
Equivalent Debt incurred in reliance on the Incremental Dollar Amount or the Incremental Repayment Amount shall be reclassified as the Borrower may elect from time to time as incurred under the Incremental Ratio Amount if the Secured Net Leverage
Ratio would not have exceeded 2.75 to 1.00 on a Pro Forma Basis at the time of such proposed reallocation, and if the Secured Net Leverage Ratio is 2.75 to 1.00 on a Pro Forma Basis as at the end of any subsequent fiscal quarter after initial
incurrence of such Incremental Term Loans or Incremental Equivalent Debt, such reclassification shall be deemed to have automatically occurred whether or not elected by the Borrower. When incurring or establishing Incremental Term Loan Commitments,
Incremental Term Loans, Incremental Revolving Credit Commitments, Incremental Revolving Credit Increases or Incremental Equivalent Debt, the Borrower shall notify the Administrative Agent in writing as to whether such Incremental Term Loan
Commitments, Incremental Term Loans, Incremental Revolving Credit Commitments, Incremental Revolving Credit Increases or Incremental Equivalent Debt has been incurred or established in reliance on clause (I), (II) or
(III) of this definition (or a combination of such clauses (I), (II) and/or (III)). 

  
 21 

 “Incremental Lender” has the meaning assigned thereto in
Section 5.13(a). 
 “Incremental Loan Commitments” has the meaning assigned thereto in
Section 5.13(a)(ii). 
 “Incremental Loans” has the meaning assigned thereto in
Section 5.13(a)(ii). 
 “Incremental Revolving Credit Commitment” has the meaning assigned thereto in
Section 5.13(a)(ii). 
 “Incremental Revolving Credit Increase” has the meaning assigned thereto in
Section 5.13(a)(ii). 
 “Incremental Term Loan” has the meaning assigned thereto in
Section 5.13(a)(i). 
 “Incremental Term Loan Commitment” has the meaning assigned thereto in
Section 5.13(a)(i). 
 “Incremental Term Loan Lender” means any Lender with an Incremental Term Loan Commitment
and/or outstanding Incremental Term Loans. 
 “Indebtedness” means, with respect to any Person at any date and without
duplication, the sum of the following: 
 (a) all liabilities, obligations and indebtedness for borrowed money including, but not limited
to, obligations evidenced by bonds, debentures, notes or other similar instruments of any such Person; 
 (b) all obligations to pay the
deferred purchase price of property or services of any such Person, except: (i) Operating Leases, licenses, trade payables, and accrued liabilities, in each case arising in the ordinary course of business not more than one hundred twenty
(120) days past due, or that are currently being contested in good faith by appropriate proceedings and with respect to which reserves in conformity with GAAP have been provided for on the books of such Person; (ii) deferred compensation
payable to directors, officers and employees of the Borrower or any Subsidiary so long as such compensation: (A) is incurred in the ordinary course of business and pursuant to any incentive compensation plan adopted by the board of directors of
the Borrower in the ordinary course of business; and (B) is not evidenced by a note or similar written instrument (other than such incentive compensation plan’s governing documentation or any grant notices issued thereunder); (iii) any
purchase price adjustment, earn-out, holdback or deferred payment of a similar nature incurred in connection with an Acquisition permitted under this Agreement so long as not evidenced by a note or similar
written instrument (except to the extent that the amount payable pursuant to such purchase price adjustment, earn-out, holdback or deferred payment is reflected, or would otherwise be required to be reflected,
on a balance sheet prepared in accordance with GAAP); and (iv) obligations in respect of non-competition agreements or similar arrangements (except for such payments that are accounted for as acquisition
consideration under GAAP); 
 (c) the Attributable Indebtedness of such Person with respect to such Person’s Capital Lease Obligations
and Synthetic Leases (regardless of whether accounted for as indebtedness under GAAP) and the principal amount of all obligations and liabilities of such Person under Permitted Receivables Facilities to the extent accounted for as indebtedness under
GAAP; 
 (d) all obligations of such Person under conditional sale or other title retention agreements relating to property purchased by
such Person to the extent of the value of such property (other than customary reservations or retentions of title under agreements with suppliers entered into in the ordinary course of business); 

  
 22 

 (e) all Indebtedness of any other Person secured by a Lien on any asset owned or being
purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements except trade payables arising in the ordinary course of business), whether or not such indebtedness shall have been assumed by such
Person or is limited in recourse; 
 (f) all obligations, contingent or otherwise, of any such Person relative to the face amount of letters
of credit, whether or not drawn, including, without limitation, any Reimbursement Obligation, and banker’s acceptances issued for the account of any such Person; 

(g) all obligations of any such Person in respect of Disqualified Equity Interests; 

(h) all net obligations of such Person under any Hedge Agreements; and 

(i) all Guarantees of any such Person with respect to any of the foregoing. 

For all purposes hereof, the Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture (other than a joint
venture that is itself a corporation or limited liability company) in which such Person is a general partner or a joint venturer, unless such Indebtedness is expressly made non-recourse to such Person. In
respect of Indebtedness of another Person secured by a Lien on the assets of the specified Person, the amount of such Indebtedness as of any date of determination will be the lesser of (x) the fair market value of such assets as of such date
and (y) the amount of such Indebtedness as of such date. 
 The amount of any net obligation under any Hedge Agreement on any date
shall be deemed to be the Hedge Termination Value thereof as of such date. 
 “Indemnified Taxes” means all (a) Taxes,
other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Credit Party under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes. 

“Indemnitee” has the meaning assigned thereto in Section 12.3(b). 

“Information” has the meaning assigned thereto in Section 12.10. 

“Initial Loans” means collectively, any Revolving Credit Loans or Swingline Loans made, or to be made, on the Closing Date to
the Borrower by the Revolving Credit Lenders or Swingline Lender, as applicable, pursuant to Section 2.1 or 2.2, as applicable. 

“Insurance and Condemnation Event” means the receipt by any Credit Party or any of its Subsidiaries of any cash insurance
proceeds or condemnation award payable by reason of theft, loss, physical destruction or damage, taking or similar event with respect to any of their respective Property. 

“Interest Period” means, as to each LIBOR
RateTerm SOFR Loan, the period commencing on the
date such LIBOR
RateTerm SOFR Loan is disbursed or converted to or
continued as a LIBOR
RateTerm SOFR Loan and ending on the date one (1),
three (3), or six (6) months thereafter, in each case 

  
 23 

 
as selected by the Borrower in its Notice of Borrowing or Notice of Conversion/Continuation and subject to availability; provided that: 

(a)
the Interest Period shall commence on the date of advance of or conversion to any LIBOR Rate Loan and, in the case of immediately successive Interest Periods,
each successive Interest Period shall commence on the date on which the immediately preceding Interest Period expires; 

(ba) if any Interest Period
that would otherwise expireend on a day that is not a Business Day, such Interest Period shall
expire onbe
extended to the next succeeding Business Day; provided that if any Interest Period with respect to a LIBOR Rate Loan would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in such
month,unless, in the case of a Term SOFR Loan, such Business Day falls in another calendar month, in
which case such Interest Period shall expireend on the immediatelynext preceding Business Day; 
 (cb) any Interest Period with respect to a LIBOR Ratepertaining to a Term SOFR Loan that begins on the last Business Day of a
calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the relevant calendar month at the end of such Interest Period; 

(dc) no Interest Period shall extend beyond the Revolving Credit Maturity
Date or the Amendment No. 1 Term Loan Maturity Date, as applicable; and 

(ed) there shall be no more than eightten
(810)
 Interest Periods in effect at any time. 
 “Investment” means, with
respect to any Person, that such Person (a) purchases, owns, invests in or otherwise acquires (in one transaction or a series of transactions), directly or indirectly, any Equity Interests, interests in any partnership or joint venture
(including, without limitation, the creation or capitalization of any subsidiary), evidence of Indebtedness or other obligation or security, substantially all or a portion of the business or assets of any other Person or any other investment or
interest whatsoever in any other Person, (b) makes any Acquisition or (c) makes or permits to exist, directly or indirectly, any loans, advances or extensions of credit to, or any investment in cash or by delivery of Property in, any
Person. 
 “Investment Company Act” means the Investment Company Act of 1940 (15 U.S.C. § 80(a)(1), et seq.).

 “IP Rights” has the meaning assigned thereto in Section 7.7. 

“IP Security Agreements” means the security agreements duly executed by the applicable Credit Parties for all federally
registered copyrights, exclusive licenses to registered U.S. copyrights, patents, patent applications, trademarks and trademark applications included in the Collateral, in each case as filed with the U.S. Patent and Trademark Office or U.S.
Copyright Office, as applicable. 
 “IRS” means the United States Internal Revenue Service. 

“ISDA Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or
any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for interest rate derivatives published from time to time by the International Swaps and Derivatives Association, Inc. or such successor
thereto. 
 “ISP” means the International Standby Practices, International Chamber of Commerce Publication No. 590 (or
such later version thereof as may be in effect at the applicable time). 

  
 24 

 “Issuer Documents” means with respect to any Letter of Credit, any Letter
of Credit Application, and any other document, agreement and instrument entered into by any Issuing Lender and the Borrower (or any Subsidiary) or in favor of such Issuing Lender and relating to such Letter of Credit. 

“Issuing Lender” means (a) with respect to Letters of Credit issued hereunder on or after the Closing Date,
(i) each Revolving Credit Lender as of the Closing Date and (ii) any other Revolving Credit Lender to the extent it has agreed in its sole discretion to act as an “Issuing Lender” hereunder and that has been approved in writing
by the Borrower and the Administrative Agent (such approval by the Administrative Agent not to be unreasonably delayed or withheld) as an “Issuing Lender” hereunder, in each case in its capacity as issuer of any Letter of Credit and
(b) with respect to the Existing Letters of Credit, the banks or other financial institutions set forth on Schedule 1.1(a), in its capacity as issuer thereof. 

“Latest Maturity Date” means, as of any date of determination, the latest maturity date applicable to any Loans or
Commitments. 
 “LCA Test Date” has the meaning assigned thereto in Section 1.10(a). 

“L/C Advance” means, with respect to each Revolving Credit Lender, such Lender’s funding of its participation in any L/C
Borrowing in accordance with its Applicable Revolving Credit Percentage. 
 “L/C Borrowing” means an extension of credit
resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing. 

“L/C Commitment” means, with respect to each Issuing Lender, the commitment of such Issuing Lender to issue Letters of Credit
hereunder. The initial amount of each Issuing Lender’s Letter of Credit Commitment is set forth on Schedule 1.1(b), or if an Issuing Lender has entered into an Assignment and Assumption or has otherwise assumed a Letter of Credit
Commitment after the Closing Date, the amount set forth for such Issuing Lender as its Letter of Credit Commitment in the Register maintained by the Administrative Agent. The Letter of Credit Commitment of an Issuing Lender may be modified from time
to time by agreement between such Issuing Lender and the Borrower, and notified to the Administrative Agent. 
 “L/C Credit
Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof. 

“L/C Disbursement” shall mean a payment or disbursement made by an Issuing Lender pursuant to a Letter of Credit. 

“L/C Facility” means the letter of credit facility established pursuant to Article III. 

“L/C Obligations” means, as at any date of determination, the aggregate amount available to be drawn under all outstanding
Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in
accordance with Section 1.14. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the
ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. 

  
 25 

 “L/C Participants” means, with respect to any Letter of Credit, the
collective reference to all the Revolving Credit Lenders other than the applicable Issuing Lender. 
 “L/C Sublimit” means
the lesser of (a) $60,000,000 and (b) the Revolving Credit Commitment. The L/C Sublimit is part of, and not in addition to, the Revolving Credit Facility. 

“Lender” means each Person executing this Agreement as a Lender on the Closing Date and any other Person that shall have
become a party to this Agreement as a Lender pursuant to an Assignment and Assumption or pursuant to Section 5.13, other than any Person that ceases to be a party hereto as a Lender pursuant to an Assignment and Assumption. Unless the
context otherwise requires, the term “Lenders” includes the Swingline Lender. 
 “Lender Joinder Agreement” means
a joinder agreement in form and substance reasonably satisfactory to the Administrative Agent delivered in connection with Section 5.13. 

“Lending Office” means, with respect to any Lender, the office of such Lender maintaining such Lender’s Extensions of
Credit. 
 “Letter of Credit Application” means an application and agreement for the issuance or amendment of a Letter of
Credit in the form from time to time in use by the applicable Issuing Lender. 
 “Letter of Credit Availability Period”
means the period from and including the Closing Date to the earliest of (i) the fifth (5th) Business Day prior to the Revolving Credit Maturity Date, (ii) the date of termination of the Revolving Credit Commitments pursuant to
Section 2.5, and (iii) the date of termination of the commitment of each Revolving Credit Lender to make Revolving Credit Loans and of the obligation of the Issuing Lenders to make L/C Credit Extensions pursuant to
Section 10.2. 
 “Letter of Credit Fee” has the meaning assigned thereto in Section 3.1(j). 

“Letter of Credit Report” has the meaning assigned thereto in Section 3.1(q). 

“Letters of Credit” means the collective reference to letters of credit issued pursuant to Section 3.1 and the
Existing Letters of Credit. 

“LIBOR” means, subject to the implementation of a Benchmark Replacement in
accordance with
Section 5.8(c), 

(a)
for any interest rate calculation with respect to a LIBOR Rate Loan, the rate of interest per annum determined on the basis of the rate for deposits in
Dollars for a period equal to the applicable Interest Period as published by ICE Benchmark Administration Limited, a United Kingdom company, or a comparable or successor quoting service approved by the Administrative Agent, at approximately 11:00
a.m. (London time) two (2) London Banking Days prior to the first day of the applicable Interest Period. If, for any reason, such rate is not so published then “LIBOR” shall be determined by the Administrative Agent to be the arithmetic average of
the rate per annum at which deposits in Dollars would be offered by first class banks in the London interbank market to the Administrative Agent at approximately 11:00 a.m. (London time) two (2) London Banking Days prior to the first day
of the applicable Interest Period for a period equal to such Interest Period, and 

(b) for any interest rate calculation with respect to a Base Rate Loan, the rate of interest per
annum determined on the basis of the rate for deposits in Dollars for an Interest Period equal to one month (commencing on the date of determination of such interest rate) as published by ICE Benchmark Administration Limited, a United Kingdom
company, or a comparable or successor quoting service 

  
 26 

 
approved by the Administrative Agent, at approximately 11:00 a.m. (London time) on such date of determination,
or, if such date is not a Business Day, then the immediately preceding Business Day. If, for any reason, such rate is not so published then “LIBOR” for such Base Rate Loan shall be determined by the Administrative Agent to be the
arithmetic average of the rate per annum at which deposits in Dollars would be offered by first class banks in the London interbank market to the Administrative Agent at approximately 11:00 a.m. (London time) on such date of determination for
a period equal to one month commencing on such date of determination determined two (2) Business Days prior to such date. 

Each calculation by the Administrative Agent of LIBOR shall
be conclusive and binding for all purposes, absent manifest error. 
 Notwithstanding the foregoing, (x) in no event shall LIBOR (including any Benchmark Replacement with respect thereto) be less than zero percent (0%) and (y) unless
otherwise specified in any amendment to this Agreement entered into in accordance with Section 5.8(c), in the event that a Benchmark Replacement with respect to LIBOR is implemented, then all references herein to LIBOR
shall be deemed references to such Benchmark Replacement. 
 “LIBOR Rate” means a rate per annum
determined by the Administrative Agent pursuant
to the following formula: 
  

					
	 	 	LIBOR Rate =	  	 LIBOR

		 		  	1.00-Eurodollar Reserve Percentage

 “LIBOR Rate
Loan” means any Loan bearing interest at a rate based upon the LIBOR Rate as provided in Section 5.1(a). 

“Lien” means, with respect to any asset, any mortgage, leasehold mortgage, lien, pledge, charge, security interest,
hypothecation or encumbrance of any kind in respect of such asset. For the purposes of this Agreement, a Person shall be deemed to own subject to a Lien any asset which it has acquired or holds subject to the interest of a vendor or lessor under any
conditional sale agreement, Capital Lease Obligation or other title retention agreement relating to such asset. 
 “Limited
Condition Acquisition” means any Acquisition that (a) is not prohibited hereunder, (b) is financed in whole or in part with a substantially concurrent incurrence of Incremental Loans or Incremental Equivalent Debt, and (c) is
not conditioned on the availability of, or on obtaining, third-party financing. 
 “Loan Documents” means, collectively,
this Agreement (including Amendment No. 1), each Note, the
Letter of Credit Applications, the Security Documents (other than during a Collateral Release Period), the Subsidiary Guaranty
Agreement, Amendment No. 1 and each other document,
instrument, certificate and agreement executed and delivered by the Credit Parties or any of their respective subsidiaries in favor of or provided to the Administrative Agent or any Secured Party in connection with this Agreement or otherwise
referred to herein or contemplated hereby (excluding any Secured Hedge Agreement and any Secured Cash Management Agreement). 

“Loans” means the collective reference to the Revolving Credit Loans, the Amendment No. 1 Term Loans, the Incremental Term Loans and
the Swingline Loans, and “Loan” means any of such Loans. 

  
 27 

“London Banking Day” means
any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank Eurodollar market. 

“LTM EBITDA” means, at any time of determination, Consolidated EBITDA for the most recently completed Reference Period at
such time. 
 “Material Adverse Effect” means, with respect to the Borrower and its Subsidiaries, (a) a material
adverse effect on the operations, business, assets or financial condition of such Persons, taken as a whole, (b) a material impairment of the ability of any such Person to perform its payment obligations under the Loan Documents to which it is
a party, (c) a material impairment of the rights and remedies of the Administrative Agent, any Agent or any Lender under any Loan Document or (d) an impairment of the legality, validity, binding effect or enforceability against any Credit
Party of any Loan Document to which it is a party. 
 “Material Non-Public Information” means information which is
(a) not publicly available (or could not be derived from publicly available information) and (b) material (as reasonably determined by the Borrower) with respect to the Borrower and its Subsidiaries or their respective securities for
purposes of U.S. federal and state securities law and (c) of a type that would customarily be publicly disclosed (as reasonably determined by the Borrower) in connection with any issuance by the Borrower or any of its Subsidiaries of any debt
securities or equity securities issued pursuant to a public offering, Rule 144A offering or other private placement where assisted by a placement agent. 

“Material Subsidiary” means any Subsidiary of the Borrower that is not an Immaterial Subsidiary. 

“Merger Sub” means Senators Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of the Borrower. 

“Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit
account balances, an amount equal to 103% of the sum of (i) the Fronting Exposure of the Issuing Lender with respect to Letters of Credit issued and outstanding at such time and (ii) the Fronting Exposure of the Swingline Lender with
respect to all Swingline Loans outstanding at such time and (b) otherwise, an amount determined by the Administrative Agent and each of the applicable Issuing Lenders that is entitled to Cash Collateral hereunder at such time in their sole
discretion. 
 “Moody’s” means Moody’s Investors Service, Inc. 

“Multiemployer Plan” means a “multiemployer plan” as defined in Section 4001(a)(3) of ERISA to which any
Credit Party or any ERISA Affiliate is making, or is accruing an obligation to make, or has accrued an obligation to make contributions within the preceding six (6) years, or to which any Credit Party or any ERISA Affiliate has any liability
(contingent or otherwise). 
 “Net Cash Proceeds” means, as applicable, (a) with respect to any Asset Disposition or
Insurance and Condemnation Event, the excess, if any, of the sum of all cash and Cash Equivalents received by any Credit Party or any of its Subsidiaries therefrom (including any deferred payment pursuant to, or by monetization of, a note receivable
or otherwise, as and when received, and with respect to an Insurance and Condemnation Event, any insurance proceeds or condemnation awards in respect of the same actually received by or paid to or for the account of the Credit Party or any of its
Subsidiaries) over the sum of (i) in the case of an Asset Disposition, all income taxes and other taxes assessed by, or reasonably estimated to be payable to, a Governmental Authority as a result of such transaction (provided that if
such estimated taxes exceed the amount of actual taxes required to be paid in cash in respect of such 

  
 28 

 
Asset Disposition, the amount of such excess shall constitute Net Cash Proceeds), (ii) all reasonable and customary out-of-pocket fees, costs and expenses incurred in connection with such
transaction or event (including, without limitation, attorneys’ fees, survey costs, title premiums, fees and charges, recording taxes, fees and costs, brokerage fees and commissions, investment banker fees and other customary fees, costs and
expenses) and (iii) the principal amount of, premium, if any, and interest on any Indebtedness secured by a Lien on the asset (or a portion thereof) disposed of that is pari passu to or senior in ranking to the Liens on such asset
created by the Loan Documents, which Indebtedness is required to be repaid in connection with such transaction or event and (b) with respect to any Debt Issuance or any issuance of Equity Interests, the gross cash proceeds received by any
Credit Party or any of its Subsidiaries therefrom less all reasonable and customary out-of-pocket legal, underwriting and other fees and expenses incurred in connection therewith. 

“New Security Documents” has the meaning assigned thereto in Section 8.20. 

“Non-Consenting Lender” means any Lender that does not approve any consent, waiver, amendment, modification or termination
that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 12.2 and (b) has been approved by the Required Lenders. 

“Non-Defaulting Lender” means, at any time, each Lender that is not a Defaulting Lender at such time. 

“Non-Guarantor Subsidiary” means any Subsidiary of the Borrower that is not a Subsidiary Guarantor. 

“Notes” means the collective reference to the Revolving Credit Notes and the Swingline Note
and the Term Loan Notes. 

“Notice of Account Designation” has the meaning assigned thereto in Section 2.3(b). 

“Notice of Borrowing” has the meaning assigned thereto in Section 2.3(a). 

“Notice of Conversion/Continuation” has the meaning assigned thereto in Section 5.2. 

“Notice of Prepayment” has the meaning assigned thereto in Section 2.4(c). 

“Obligations” means, in each case, whether now in existence or hereafter arising: (a) the principal of and interest on
(including interest accruing after the commencement of any case or proceeding under Debtor Relief Laws) the Loans, (b) the L/C Obligations and (c) all other fees and commissions (including attorneys’ fees), charges, indebtedness,
loans, liabilities, financial accommodations, obligations, covenants and duties owing by the Credit Parties, in each case under any Loan Document, or otherwise with respect to any Loan or Letter of Credit, of every kind, nature and description,
direct or indirect, absolute or contingent, due or to become due, contractual or tortious, liquidated or unliquidated, and whether or not evidenced by any note and including interest, fees and expenses that accrue after the commencement by or
against any Credit Party of any case or proceeding under any Debtor Relief Laws, naming such Person as the debtor in such proceeding, regardless of whether such interest, fees and expenses are allowed claims in such proceeding. 

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

  
 29 

 “Officer’s Compliance Certificate” means a certificate of the chief
financial officer, treasurer or controller of Borrower substantially in the form attached as Exhibit F. 
 “Operating
Lease” means, as to any Person as determined in accordance with GAAP, subject to Section 1.3(b), any lease of Property (whether real, personal or mixed) by such Person as lessee which is not a capital lease. 

“Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of a present or former connection
between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a
security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned any interest in any Loan, Letter of Credit or Loan Document). 

“Other Rate Early Opt-in” means the Administrative Agent and the Borrower have elected to replace LIBOR with a Benchmark Replacement other than a SOFR-based rate pursuant to (1) an Early Opt-in
Election and (2) Section 5.8(c)(ii)
and paragraph (2) of the definition of “Benchmark Replacement”. 

“Other Taxes” means all present or future stamp, court, documentary, intangible, recording, filing or similar Taxes that
arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes that
are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 5.12). 

“Participant” has the meaning assigned thereto in Section 12.9(d). 

“Participant Register” has the meaning assigned thereto in Section 12.9(d). 

“PATRIOT Act” means the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)). 

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

“Pension Plan” means any Employee Benefit Plan, other than a Multiemployer Plan, which is subject to the provisions of Title
IV of ERISA or Section 412 of the Code and which (a) is maintained, funded or administered for the employees of any Credit Party or any ERISA Affiliate or (b) has at any time within the preceding six (6) years been maintained,
funded or administered for the employees of any Credit Party or any current or former ERISA Affiliates. 
 “Permitted
Acquisition” means any Acquisition that meets all of the following requirements, which in the case of a Limited Condition Acquisition shall be subject to Section 1.10: 

(a) the Person or business to be acquired shall be in a line of business that is a Permitted Business or, in the case of an Acquisition of
assets, the assets acquired are useful in the business of the Borrower and its Subsidiaries as conducted immediately prior to such Acquisition; 

(b) the Borrower shall be in compliance with Section 9.13 on a Pro Forma Basis after giving effect to such Acquisition and the
incurrence of any Indebtedness in connection therewith; 

  
 30 

 (c) no Specified Event of Default shall have occurred and be continuing both before and
after giving effect to such Acquisition and any Indebtedness incurred in connection therewith; and 
 (d) the Permitted Acquisition
Consideration furnished by Credit Parties for Acquisitions of Persons that will be Non-Guarantor Subsidiaries or of assets that shall be held by Non-Guarantor Subsidiaries shall not exceed the greater of (x) $100,000,000 and (y) 50.00% of
LTM EBITDA in the aggregate for all such Acquisitions since the Closing Date. 
 “Permitted Acquisition Consideration”
means the aggregate amount of the purchase price, including, but not limited to, any assumed debt, earn-outs (valued at the maximum amount payable thereunder), deferred payments, or Equity Interests of the Borrower, to be paid on a singular basis in
connection with any applicable Permitted Acquisition as set forth in the applicable Permitted Acquisition Documents executed by the Borrower or any of its Subsidiaries in order to consummate the applicable Permitted Acquisition. 

“Permitted Acquisition Documents” means with respect to any Acquisition proposed by the Borrower or any Subsidiary Guarantor,
final copies or substantially final drafts if not executed at the required time of delivery of the purchase agreement, sale agreement, merger agreement or other agreement evidencing such Acquisition, including, without limitation, all legal opinions
and each other document executed, delivered, contemplated by or prepared in connection therewith and any amendment, modification or supplement to any of the foregoing. 

“Permitted Business” has the meaning assigned thereto in Section 8.18. 

“Permitted Liens” means the Liens permitted pursuant to Section 9.2. 

“Permitted Receivables Facility” means one or more accounts receivable factoring or securitization facilities or arrangements
established by the Borrower or one or more of its Subsidiaries (or established at the direction of a customer of the Borrower or a Subsidiary of Borrower) or by a Receivables Subsidiary, whereby: 

(a) the Borrower or one or more of its Subsidiaries shall (i) sell, assign or otherwise transfer accounts receivable of the Borrower or
its Subsidiaries directly to one or more buyers or purchasers in exchange for cash and other appropriate consideration or (ii) sell, assign, contribute or otherwise transfer accounts receivables of the Borrower or its Subsidiaries to such
Receivables Subsidiary in exchange for cash, subordinated indebtedness of the Receivables Subsidiary, the issuance of letters of credit and other appropriate consideration, and the Receivables Subsidiary in turn shall sell, assign, pledge or
otherwise transfer such accounts receivable (or undivided fractional interests therein) to buyers, purchasers or lenders (or shall otherwise borrow against such accounts receivable); 

(b) except as set forth in clause (c) of this definition, no portion of the Indebtedness or any other obligation (contingent or
otherwise) under such Permitted Receivables Facility shall be guaranteed by the Borrower or any of its Subsidiaries (other than the Receivables Subsidiary, if applicable); 

(c) there shall be no recourse to the Borrower or any of its Subsidiaries (other than the Receivables Subsidiary, if applicable) whatsoever
other than pursuant to representations, warranties, covenants, indemnities and performance guarantees or undertakings (which shall exclude any guarantees of payment by the obligors on the accounts receivable) entered into in connection with such
Permitted Receivables Facility that in the reasonable opinion of the Borrower are customary for non-recourse factoring and securitization transactions; and 

  
 31 

 (d) none of the Borrower nor any of its Subsidiaries (other than the Receivables Subsidiary,
if applicable) shall have provided, either directly or indirectly, any other credit support of any kind in connection with such Permitted Receivables Facility, except as set forth in clause (c) of this definition. 

“Permitted Refinancing Indebtedness” means any Indebtedness (the “Refinancing Indebtedness”), the proceeds
of which are used to refinance, refund, renew, extend or replace outstanding Indebtedness (such outstanding Indebtedness, the “Refinanced Indebtedness”); provided that (a) the principal amount (or accreted value, if
applicable) of such Refinancing Indebtedness (including any unused commitments thereunder) is not greater than the principal amount (or accreted value, if applicable) of the Refinanced Indebtedness at the time of such refinancing, refunding,
renewal, extension or replacement, except by an amount equal to any original issue discount thereon and the amount of unpaid accrued interest and premium thereon plus other reasonable amounts paid, and fees and expenses reasonably incurred,
in connection with such refinancing, refunding, renewal, extension or replacement, and by an amount equal to any existing commitments thereunder that have not been utilized at the time of such refinancing, refunding, renewal, extension or
replacement; (b) the final stated maturity and Weighted Average Life to Maturity of such Refinancing Indebtedness shall not be prior to or shorter than that applicable to the Refinanced Indebtedness; (c) such Refinancing Indebtedness shall
not be secured by (i) Liens on assets other than assets securing the Refinanced Indebtedness at the time of such refinancing, refunding, renewal, extension or replacement or (ii) Liens having a higher priority than the Liens, if any,
securing the Refinanced Indebtedness at the time of such refinancing, refunding, renewal, extension or replacement; (d) such Refinancing Indebtedness shall not be guaranteed by or otherwise recourse to any Person other than the Person(s) to
whom the Refinanced Indebtedness is recourse or by whom it is guaranteed, in each case as of the time of such refinancing, refunding, renewal, extension or replacement; (e) to the extent such Refinanced Indebtedness is subordinated in right of
payment to the Obligations (or the Liens securing such Indebtedness were originally contractually subordinated to the Liens securing the Collateral pursuant to the Security Documents), such refinancing, refunding, renewal, extension or replacement
is subordinated in right of payment to the Obligations (or the Liens securing such Indebtedness shall be subordinated to the Liens securing the Collateral pursuant to the Security Documents) on terms at least as favorable to the Lenders as those
contained in the documentation governing such Refinanced Indebtedness or otherwise reasonably acceptable to the Administrative Agent; (f) in the event that the Refinancing Indebtedness is unsecured Indebtedness, such Refinancing Indebtedness
does not include cross-defaults (but may include cross-payment defaults and cross-defaults at the final stated maturity thereof and cross-acceleration); and (g) no Default or Event of Default shall have occurred and be continuing at the time
of, or would result from, such refinancing, refunding, renewal, extension or replacement. 
 “Person” means any natural
person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 

“Platform” means Debt Domain, Intralinks, SyndTrak or a substantially similar electronic transmission system. 

“Prime Rate” means, at any time, the rate of interest per annum publicly announced from time to time by the
Administrative Agent as its prime rate. Each change in the Prime Rate shall be effective as of the opening of business on the day such change in such prime rate occurs. The parties hereto acknowledge that the rate announced publicly by the
Administrative Agent as its prime rate is an index or base rate and shall not necessarily be its lowest or best rate charged to its customers or other banks. 

“Pro Forma Basis” means, for purposes of calculating Consolidated EBITDA for any period during which one or more Specified
Transactions occurs, that such Specified Transaction (and all other 

  
 32 

 
Specified Transactions that have been consummated during the applicable period) shall be deemed to have occurred as of the first day of the applicable period of measurement and: 

(a) all income statement items (whether positive or negative) attributable to the Property or Person disposed of in a Specified Disposition
shall be excluded and all income statement items (whether positive or negative) attributable to the Property or Person acquired in a Permitted Acquisition shall be included (provided that such income statement items to be included are based
upon reasonable assumptions and calculations which are expected to have a continuous impact); and 
 (b) in the event that any Credit Party
or any Subsidiary thereof incurs (including by assumption or guarantees) or repays (including by redemption, repayment, retirement, discharge, defeasance or extinguishment) any Indebtedness included in the calculations of any financial ratio or test
(in each case, other than Indebtedness incurred or repaid under any revolving credit facility in the ordinary course of business for working capital purposes), (i) during the applicable measurement period or (ii) subsequent to the end of
the applicable measurement period and prior to or simultaneously with the event for which the calculation of any such ratio is made, then such financial ratio or test shall be calculated giving pro forma effect to such incurrence or repayment
of Indebtedness, to the extent required, as if the same had occurred on the first day of the applicable measurement period and any such Indebtedness that is incurred (including by assumption or guarantee) that has a floating or formula rate of
interest shall have an implied rate of interest for the applicable period determined by utilizing the rate which is or would be in effect with respect to such Indebtedness as of the relevant date of determination. 

“Pro Forma Synergies” means, without duplication, with respect to any four-quarter period, the net reduction in costs and
other operating improvements or synergies that have been realized or are reasonably anticipated in good faith to be realized with respect to any Acquisition, operational change, business optimization action, new contract, restructuring activity,
disposition or other strategic cost saving initiative taken or expected to be taken within eighteen (18) months of the date of such Acquisition, operational change, business optimization action, new contract, restructuring activity, disposition
or other strategic cost saving initiative, so long as, in each case, such net reduction in costs and other operating improvements or synergies are reasonably identifiable and factually supportable, as if all such reductions in costs, operating
improvements or synergies had been effected as of the beginning of such four-quarter period; provided that (A) the net reduction in costs and other operating improvements or synergies described in heretofore described in this definition
shall be detailed in a certificate delivered to the Administrative Agent from the Borrower’s chief financial officer that outlines the specific actions taken or to be taken and the net cost reductions and other operating improvements or
synergies achieved or to be achieved from each such action and certifies that such cost reductions and other operating improvements or synergies meet the criteria set forth heretofore in this definition, (B) no cost savings or operating expense
reductions shall be added pursuant to this defined term to the extent duplicative of any expense or charges otherwise added to or included in Consolidated EBITDA or LTM EBITDA, whether a pro forma adjustment or otherwise, for such
four-quarter period and (C) projected amounts (and not yet realized) may no longer be added in calculating Consolidated EBITDA or LTM EBITDA pursuant to this definition to the extent occurring more than eighteen (18) months after the
specified action taken in order to realize such projected cost savings and operating expense reductions. 
 “Property”
means any right or interest in or to property of any kind whatsoever, whether real, personal or mixed and whether tangible or intangible, including, without limitation, Equity Interests. 

“PTE” means a prohibited transaction class exemption issued by the U.S. Department of Labor, as any such exemption may be
amended from time to time. 

  
 33 

 “Public Lenders” has the meaning assigned thereto in
Section 8.2. 
 “Qualified Acquisition” means any Acquisition consummated after the Closing Date, in each case
subject to Section 1.10, that (a) involves the payment of consideration in excess of $100,000,000 and (b) has been designated by the Borrower as a “Qualified Acquisition” by written notice to the Administrative Agent;
provided that, except with respect to the first designation of a Qualified Acquisition, the Borrower may not designate an Acquisition as a “Qualified Acquisition” unless the required Total Net Leverage Ratio as of the end of the
most recent fiscal quarter ended immediately prior to such designation then applicable pursuant to the terms of Section 9.13(b) was less than 4.00 to 1.00. 

“Qualified Equity Interests” means any Equity Interests that are not Disqualified Equity Interests. 

“Receivables Related Assets” means, collectively, accounts receivable, instruments, chattel paper, obligations, general
intangibles and other similar assets, in each case relating to receivables sold, transferred or otherwise disposed of in accordance with this Agreement, including interests in merchandise or goods, the sale or lease of which gave rise to such
receivables, related contractual rights, guarantees, insurance proceeds, collections and proceeds of all of the foregoing. 

“Receivables Subsidiary” means a Wholly-Owned subsidiary of the Borrower that has been established as a “bankruptcy
remote” subsidiary for the sole purpose of acquiring Receivables Related Assets under a Permitted Receivables Facility and that shall not engage in any activities other than in connection with a Permitted Receivables Facility. In jurisdictions
where trusts or other funding vehicles are used to purchase Receivables Related Assets in connection with receivables securitization transactions, “Receivables Subsidiary” shall include such trusts or other funding vehicles. 

“Recipient” means (a) the Administrative Agent, (b) any Lender and (c) any Issuing Lender, as applicable. 

“Reference Period” subject to Section 1.13, means, for any determination under this Agreement, the four
(4) consecutive fiscal quarters of the Borrower then most recently ended for which (or at the end of which) financial statements under Section 8.1(a) or 8.1(b) have been delivered (or were required to be delivered). 

“Refinancing” means the repayment of certain existing Indebtedness of the Borrower and its subsidiaries, including the
Borrower’s existing credit agreement dated December 7, 2017 with Wells Fargo Bank, National Association. 
 “Refinancing
Effective Date” has the meaning assigned thereto in Section 5.17(b). 
 “Refinancing Term Loans
Amendment” has the meaning assigned thereto in Section 5.17(ac). 

“Refinancing Term
Loans
Amendment” has the meaning assigned thereto in
Section 
5.17(ca
). 
 “Register” has the meaning assigned thereto in
Section 12.9(c). 
 “Reimbursement Obligation” means the obligation of the Borrower to reimburse any Issuing
Lender pursuant to Section 5.9 for amounts drawn under Letters of Credit issued by such Issuing Lender. 
 “Related
Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, agents, trustees, administrators, managers, advisors and representatives of such Person and of such Person’s
Affiliates. 

  
 34 

“Relevant Governmental Body” means the Board of Governors of the
Federal Reserve System or the Federal Reserve Bank of New
York, or a committee officially endorsed or convened by the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of New York, or any successor thereto. 

“Removal Effective Date” has the meaning assigned thereto in Section 11.6(b). 

“Replaced Revolving Commitments” has the meaning assigned thereto in Section 5.18(a). 

“Replacement Revolving Commitments” has the meaning assigned thereto in Section 5.18(a). 

“Replacement Revolving
LendersCommitments
 Amendment” has the meaning assigned thereto in Section 5.18(bc). 

“Replacement Revolving Commitments
AmendmentLender” has the meaning assigned
thereto in
Section 
5.18(cb
). 
 “Required Lenders” means, at any date, Lenders
having Total Credit Exposure representing more than fifty percent (50%) of the Total Credit Exposure of all Lenders. The Total Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Lenders at any time. 

“Required Revolving Credit Lenders” means, at any time, Revolving Credit Lenders having unused Revolving Credit Commitments
and Revolving Credit Exposure representing more than fifty percent (50%) of the aggregate unused Revolving Credit Commitments and Revolving Credit Exposure of all Revolving Credit Lenders. The unused Revolving Credit Commitment of, and
Revolving Credit Exposure held or deemed held by, any Defaulting Lender shall be disregarded in determining Required Revolving Credit Lenders at any time. 

“Required
 Revolving/TLA Lenders” means, at any time, the holders of more than 50% of the sum of (i) the aggregate unused Revolving Credit Commitments and Revolving Credit Exposure of all Revolving Credit Lenders and (ii) the aggregate unpaid
principal amount of the Amendment No. 1 Term Loans outstanding. The Loans of, unused Revolving Credit Commitment of, and Revolving Credit Exposure held or deemed held by, any Defaulting Lender shall be disregarded in determining Required
Revolving/TLA Lenders at any time. 
 “Rescindable Amount” has
the meaning as defined in Section 5.7(b). 
 “Resignation Effective Date” has the meaning assigned thereto in
Section 11.6(a). 
 “Resolution Authority” means an EEA Resolution Authority or, with respect to any UK
Financial Institution, a UK Resolution Authority. 
 “Responsible Officer” means, as to any Person, the chief executive
officer, president, chief financial officer, controller, treasurer or assistant treasurer of such Person or any other officer of such Person designated in writing by the Borrower or such Person and reasonably acceptable to the Administrative Agent;
provided that, to the extent requested thereby, the Administrative Agent shall have received a certificate of such Person certifying as to the incumbency and genuineness of the signature of each such officer. Any document delivered hereunder
or under any other Loan Document that is signed by a Responsible Officer of a Person shall be conclusively presumed to have been authorized by all necessary corporate, limited liability company, partnership and/or other action on the part of such
Person and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Person. 

  
 35 

 “Restricted Payment” means any dividend on, or the making of any payment or
other distribution on account of, or the purchase, redemption, retirement or other acquisition (directly or indirectly) of, or the setting apart assets for a sinking or other analogous fund for the purchase, redemption, retirement or other
acquisition of, any class of Equity Interests of any Credit Party or any Subsidiary thereof or the making of any distribution of cash, property or assets to the holders of any Equity Interests of any Credit Party or any Subsidiary thereof on account
of such Equity Interests. 
 “Revolving Credit Borrowing” means a borrowing consisting of simultaneous Revolving Credit
Loans of the same Class made by each of the Revolving Credit Lenders pursuant to Section 2.1. 
 “Revolving Credit
Commitment” means (a) as to any Revolving Credit Lender, the obligation of such Revolving Credit Lender to make Revolving Credit Loans to, and to purchase participations in L/C Obligations
and Swingline Loans for the account of, the Borrower hereunder in an aggregate principal amount at any time outstanding not to exceed the amount set forth opposite such
Revolving Credit Lender’s name on the Register, as such amount may be modified at any time or
from time to time pursuant to the terms hereof (including, without limitation, Section 5.13) and (b) as to all Revolving Credit Lenders, the
aAggregate
cCommitments of all
Revolving Credit Lenders to make Revolving Credit Loans, as such amount may be modified at any time or from time to time pursuant to the terms hereof, (including without limitation, Section 5.13). The aggregate Revolving Credit
Commitment of all the Revolving Credit Lenders on the Closing Date shall be $600,000,000. The
Revolving Credit Commitment of each Revolving Credit Lender on the Closing Date is set forth opposite the name of such Lender on Schedule 1.1(b). 

“Revolving Credit Commitment Percentage” means, with respect to any Revolving Credit Lender at any time, the percentage of
the total Revolving Credit Commitments of all the Revolving Credit Lenders represented by such Revolving Credit Lender’s Revolving Credit Commitment. If the Revolving Credit Commitments have terminated or expired, the Revolving Credit
Commitment Percentages shall be determined based upon the Revolving Credit Commitments most recently in effect, giving effect to any assignments. 

“Revolving Credit Exposure” means, as to any Revolving Credit Lender at any time, the aggregate principal amount at such time
of its outstanding Revolving Credit Loans and such Revolving Credit Lender’s participation in L/C Obligations and Swingline Loans at such time. 

“Revolving Credit Facility” means the revolving credit facility established pursuant to Article II (including any
increase to such revolving credit facility pursuant to Section 5.13). 
 “Revolving Credit Lenders” means,
collectively, all of the Lenders with a Revolving Credit Commitment or if the Revolving Credit Commitment has been terminated, all Lenders having Revolving Credit Exposure. 

“Revolving Credit Loan” means any revolving loan made to the Borrower pursuant to Section 2.1, and all such
revolving loans collectively as the context requires. 
 “Revolving Credit Maturity Date” means the earliest to occur of
(a) August 10,
2026the
 five-year anniversary of the Amendment No. 1 Effective Date, (b) the date of termination of the entire Revolving Credit Commitment by the Borrower pursuant to Section 2.5, and (c) the date
of termination of the Revolving Credit Commitment pursuant to Section 10.2(a). 
 “Revolving Credit Note”
means a promissory note made by the Borrower in favor of a Revolving Credit Lender evidencing the Revolving Credit Loans made by such Revolving Credit Lender,substantially in the form attached as Exhibit A-1, and any substitutes therefor, and
any replacements, restatements, renewals or extension thereof, in whole or in part. 

  
 36 

 “Revolving Credit Outstandings” means the sum of (a) with respect to
Revolving Credit Loans and Swingline Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of Revolving Credit Loans and Swingline Loans, as the case may be,
occurring on such date; plus (b) with respect to any L/C Obligations on any date, the aggregate outstanding amount thereof on such date after giving effect to any Extensions of Credit occurring on such date and any other changes in the
aggregate amount of the L/C Obligations as of such date, including as a result of any reimbursements of outstanding unpaid drawings under any Letters of Credit or any reductions in the maximum amount available for drawing under Letters of Credit
taking effect on such date. 
 “S&P” means Standard & Poor’s RatingFinancial Services LLC, a divisionsubsidiary
 of S&P Global Inc., and any successor thereto. 
 “Sale Leaseback Transaction” means any
arrangement providing for the leasing by the Borrower or any Subsidiary of any real property which is being sold, transferred or disposed of by the Borrower or such Subsidiary to a Person that is not the Borrower or an Affiliate of the Borrower.

 “Sanctioned Country” means at any time, a country, region or territory which is itself the subject or target of any
comprehensive Sanctions broadly restricting or prohibiting commercial activity with such country, region or territory (including, as of the Closing Date, Cuba, Iran, North Korea, Syria and, the so-called Donetsk
People’s Republic, the so-called Luhansk People’s Republic, and the
Crimea regions of Ukraine). 

“Sanctioned Person” means, at any time, (a) any Person listed in any Sanctions-related list of designated Persons
maintained by, or otherwise the subject of sanctions administered or enforced by, OFAC (including, without limitation, OFAC’s Specially Designated Nationals and Blocked Persons List and OFAC’s Consolidated Non-SDN List), the U.S. Department of State, the United Nations Security
Council, the European Union, any European member state, Her Majesty’sHM Treasury, or other relevant sanctions authority, (b) any Person
located, organized or resident in a Sanctioned Country,
(c) any Person owned or controlled by, directly or indirectly, any such Person or Persons described in clauses (a) and (b), including a Person that is deemed by OFAC to be a Sanctions target based on the ownership of such
legal entity by Sanctioned Person(s) or (d) any Person with whom dealings are otherwise restricted or prohibited pursuant to applicable Sanctions. 

“Sanctions” means any and all economic or financial sanctions, sectoral sanctions, secondary sanctions, trade embargoes and
restrictions and anti-terrorism laws, including but not limited to those imposed, administered or enforced from time to time by the U.S. government (including those administered by OFAC or the U.S. Department of State), the United Nations Security
Council, the European Union, any European member state, Her
Majesty’sHM Treasury, the government of Canada (including those administered by the Office of the
Superintendent of Financial Institutions), or other
relevant sanctions authority in any jurisdiction in which (a) the Borrower or any of its Subsidiaries or Affiliates is located or conducts business, (b) in which any of the proceeds of the Extensions of Credit will be used, or
(c) from which repayment of the Extensions of Credit will be derived. 
 “SEC” means the U.S. Securities and
Exchange Commission, or any Governmental Authority succeeding to any of its principal functions. 

  
 37 

 “Secured Cash Management Agreement” means (a) any Cash Management
Agreement in effect on the Closing Date between or among any Credit Party or any of its Subsidiaries (excluding any Receivables Subsidiary) and a counterparty that is (i) a Lender, (ii) the Administrative Agent or (iii) an Affiliate
of a Lender or the Administrative Agent, in each case as determined as of the Closing Date or (b) any Cash Management Agreement entered into after the Closing Date between or among any Credit Party or any of its Subsidiaries (excluding any
Receivables Subsidiary) and a counterparty that is (i) a Lender, (ii) the Administrative Agent or (iii) an Affiliate of a Lender or the Administrative Agent, in each case as determined at the time such Cash Management Agreement is
entered into. 
 “Secured Cash Management Obligations” means all existing or future payment and other obligations owing by
any Credit Party or any of its Subsidiaries (excluding any Receivables Subsidiary) under any Secured Cash Management Agreement. 

“Secured Hedge Agreement” means (a) any Hedge Agreement in effect on the Closing Date between or among any Credit Party
or any of its Subsidiaries (excluding any Receivables Subsidiary) and a counterparty that is (i) a Lender, (ii) the Administrative Agent or (iii) an Affiliate of a Lender or the Administrative Agent, in each case as determined as of
the Closing Date or (b) any Hedge Agreement entered into after the Closing Date between or among any Credit Party or any of its Subsidiaries (excluding any Receivables Subsidiary) and a counterparty that is (i) a Lender, (ii) the
Administrative Agent or (iii) an Affiliate of a Lender or the Administrative Agent, in each case as determined at the time such Hedge Agreement is entered into. 

“Secured Hedge Obligations” means all existing or future payment and other obligations owing by any Credit Party or any of
its Subsidiaries (excluding any Receivables Subsidiary) under any Secured Hedge Agreement; provided that the “Secured Hedge Obligations” of a Credit Party shall exclude any Excluded Swap Obligations with respect to such Credit
Party. 
 “Secured Net Leverage Ratio” means, as of any date of determination, the ratio of (a)(i) Consolidated Secured
Indebtedness on such date minus (ii) the lesser of (x) all Unrestricted Cash and Cash Equivalents on such date and (y) $150,000,000 to (b) LTM EBITDA. 

“Secured Obligations” means, collectively, (a) the Obligations, (b) any Secured Hedge Obligations and (c) any
Secured Cash Management Obligations. 
 “Secured Parties” means, collectively, the Administrative Agent, the Lenders, the
Issuing Lenders, the holders of any Secured Hedge Obligations, the holders of any Secured Cash Management Obligations, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 11.5, any other
holder from time to time of any of any Secured Obligations and, in each case, their respective successors and permitted assigns. 

“Securities Act” means the Securities Act of 1933 (15 U.S.C. § 77 et seq.). 

“Security Documents” means the collective reference to the Collateral Agreement, the IP Security Agreements and each other
agreement or writing pursuant to which any Credit Party pledges or grants a security interest in any Property or assets securing the Secured Obligations, and, after the Collateral Trigger Date, including the New Security Documents. 

“SOFR” means, with respect to any applicable determination date the Secured Overnight
Financing Rate published on the fifth U.S. Government Securities Business Day, a rate per annum equal to the
secured overnight financing rate for such Business Day
publishedpreceding such date by the SOFR
Administrator on the SOFR Administrator’s Website on the immediately succeeding Business

  
 38 

 
Day.Federal
 Reserve Bank of New York’s website (or any successor source); provided, however, that if such determination date is not a U.S. Government Securities Business Day, then SOFR means such rate that applied on the first U.S. Government Securities
Business Day immediately prior thereto. 
 “SOFR Adjustment” means, 0.10% (10 basis points). 

“SOFR Administrator” means the Federal Reserve Bank of New York (or a, as the
administrator of SOFR, or any successor administrator of the secured overnight financing
rate). 
 “SOFR
Administrator’s Website” means the website ofdesignated by the Federal Reserve Bank of New York, currently at http://www.newyorkfed.org, or any successor source for the secured overnight financing rate identified as such by or other Person acting
as the SOFR Administrator fromat such time to timethat is satisfactory
to the Administrative Agent. 
 “SOFR Early Opt-in”means the Administrative Agent and the Borrower have elected to replace LIBOR pursuant to (1) an
Early Opt-in Election and (2) Section 5.8(c)(i) and paragraph (1) of the definition of “Benchmark Replacement”. 

“Solvent” and “Solvency” mean, with respect to any Person on any date of determination, that on such date
(a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable value of the assets of such Person is not less than the
amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such
Person’s ability to pay such debts and liabilities as they mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute
an unreasonably small capital, and (e) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the ordinary course of business. The amount of contingent liabilities at any time shall
be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. 

“Specified Acquisition Agreement Representations” means the representations and warranties made by the Acquired Company, its
Subsidiaries or Affiliates or with respect to the Acquired Company, its Subsidiaries or its businesses in the Acquisition Agreement as are material to the interests of the Lenders (in their capacities as such), but only to the extent that the
Borrower or its Affiliates have the right to terminate its or their obligations under the Acquisition Agreement or otherwise decline to close the DPL Acquisition as a result of a breach of any such representation or any such representation and
warranty not being accurate (in each case, determined without regard to any notice requirement). 
 “Specified ATV Acquisition Agreement Representations” means the representations and warranties made by Super ATV,
its Subsidiaries or Affiliates or with respect to Super ATV, its Subsidiaries or its businesses in the Super ATV Acquisition Agreement as are material to the interests of the Lenders (in their capacities as such), but only to the extent that the
Borrower or its Affiliates have the right to terminate its or their respective obligations under the Super ATV Acquisition Agreement or otherwise decline to close the Super ATV Acquisition as a result of a breach of any such representation or any
such representation and warranty not being accurate (in each case, determined without regard to any notice requirement). 

“Specified Disposition” means any Asset Disposition having gross sales proceeds in excess of the Threshold Amount. 

  
 39 

 “Specified Event of Default” means an Event of Default under any of
Section 10.1(a), 10.1(b), 10.1(i) or 10.1(j). 
 “Specified Representations” means the
representations and warranties made by the Borrower and, to the extent applicable, the other Credit Parties, set forth in Sections 7.1(a) (solely with respect to the Credit Parties), 7.1(b) (solely with respect to the Credit
Parties), 7.3 (solely with respect to the Credit Parties), 7.4(b) (solely with respect to the Credit Parties) and (c) (solely with respect to the Credit Parties), 7.10, 7.11 (solely with respect to the Credit
Parties and the Investment Company Act), 7.17 and 7.20 (solely with respect to the use of proceeds of any Revolving Credit Loan on the Closing Date) hereto and Section 3.4 of the Collateral Agreement. 

“Specified Transactions” means (a) any Specified Disposition, (b) any Permitted Acquisition, (c) any
designation of a Subsidiary as an Unrestricted Subsidiary and (d) the Transactions. 
 “subsidiary” means as to any
Person, any corporation, partnership, limited liability company or other entity of which more than fifty percent (50%) of the outstanding Equity Interests having ordinary voting power to elect a majority of the board of directors (or equivalent
governing body) or other managers of such corporation, partnership, limited liability company or other entity is at the time owned by (directly or indirectly) or the management is otherwise controlled by (directly or indirectly) such Person
(irrespective of whether, at the time, Equity Interests of any other class or classes of such corporation, partnership, limited liability company or other entity shall have or might have voting power by reason of the happening of any contingency).
Unless otherwise qualified, references to “subsidiary” or “subsidiaries” herein shall refer to those of the Borrower, including any Unrestricted Subsidiaries. 

“Subsidiary” means any subsidiary of the Borrower; provided, however, that Unrestricted Subsidiaries (whether
or not Wholly-Owned subsidiaries of the Borrower) shall be deemed not to be Subsidiaries for any purpose of this Agreement or the other Loan Documents. 

“Subsidiary Guarantors” means, collectively, each Domestic Subsidiary that executes and delivers the Subsidiary Guaranty
Agreement on the Closing Date (which shall include each Domestic Subsidiary in existence on the Closing Date other than Excluded Subsidiaries) and each Domestic Subsidiary which becomes a party to the Subsidiary Guaranty Agreement pursuant to
Section 8.14. 
 “Subsidiary Guaranty Agreement” means the unconditional guaranty agreement, dated as of the
Closing Date, executed by the Subsidiary Guarantors in favor of the Administrative Agent, for the benefit andof the Secured Parties, as amended, restated, supplemented or otherwise
modified from time to time. 
 “Super ATV” has the meaning specified in Amendment No. 1.

“Super
ATV Acquisition” has the meaning specified in Amendment No. 1. 
 “Super ATV Acquisition Agreement” has the meaning specified in Amendment No. 1. 
 “Swap Obligation” means, with respect to any Credit Party, any obligation to
pay or perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of Section 1a(47) of the Commodity Exchange Act. 

“Swingline Commitment” means the lesser of (a) $60,000,000 and (b) the Revolving Credit Commitment. The Swingline
Commitment is part of, and not in addition to, the Revolving Credit Commitment. 

  
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 “Swingline Facility” means the swingline facility established pursuant to
Section 2.2. 
 “Swingline Lender” means Bank of America in its capacity as swingline lender hereunder or any
successor thereto. 
 “Swingline Loan” means any swingline loan made by the Swingline Lender to the Borrower pursuant to
Section 2.2, and all such swingline loans collectively as the context requires. 
 “Swingline Note” means a
promissory note made by the Borrower in favor of the Swingline Lender evidencing the Swingline Loans made by the Swingline Lender, substantially in the form attached as Exhibit A-2, and any substitutes therefor, and any replacements,
restatements, renewals or extension thereof, in whole or in part. 
 “Swingline Participation Amount” has the meaning
assigned thereto in Section 2.2(b)(iii). 
 “Synthetic Lease” means any synthetic lease, tax retention
operating lease, off-balance sheet loan or similar off-balance sheet financing product where such transaction is considered borrowed money indebtedness for tax purposes but is classified as an Operating Lease in accordance with GAAP. 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding),
assessments, fees or other charges imposed by any Governmental Authority, including any interest, fines, additions to tax or penalties applicable thereto. 

“Term
Loans” means any Amendment No. 1 Term Loan and, if applicable, the Incremental
Term Loans and the Extended Term Loans and “Term
Loan” means any of such Term Loans. 

“Term Loan Facility” means the term loan facility established pursuant to Article II (including any term loan facility established
pursuant to Section 5.13). 
 “Term Loan Lender” means any Amendment
No. 1 Term Loan Lender, any Incremental Term Loan Lender or any Lender of Extended Term Loans. 

“Term
Loan Note” means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the Term Loan made by the Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements,
restatements, renewals or extension thereof, in whole or in part. 
 “Term SOFR” means: 

(a)
 for any Interest Period with respect to a
Term SOFR Loan, the rate per annum equal to the Term SOFR Screen Rate two U.S. Government Securities
Business Days prior to the commencement of such Interest Period with a term equivalent to such Interest Period; provided that if the rate is not published prior to 11:00 a.m. on such determination date then Term SOFR means the Term SOFR Screen Rate
on the first U.S. Government Securities Business Day immediately prior thereto, in each case, plus the SOFR Adjustment for such Interest Period; and 

(b)
 for any interest
calculation with respect to a Base Rate Loan on any date, the rate per annum equal to the
Term SOFR Screen Rate with a term of one month commencing that day; 

  
 41 

 
provided that if the Term SOFR determined in accordance
with either of the foregoing provisions (a) or (b) of this definition would otherwise be less than zero, the Term SOFR shall be deemed zero for purposes of this Agreement. 

“Term
SOFR Loan” means a Loan that bears interest at a rate
based on clause (a) of the definition of “Term SOFR”. 
 “Term
SOFR” means, for the applicable Corresponding Tenor (or if any Available Tenor of a Benchmark does not correspond to an Available Tenor for the applicable
Benchmark Replacement, the closest corresponding Available Tenor and if such Available Tenor corresponds equally to two Available Tenors of the applicable Benchmark Replacement, the Corresponding Tenor of the shorter duration shall be
applied), Screen Rate” means the
forward-looking SOFR term rate based on SOFR that has been selected or recommended by the Relevant Governmental
Body.administered by CME (or any successor administrator satisfactory to the Administrative Agent) and
published on the applicable Reuters screen page (or such other commercially available source providing such quotations as may be designated by the Administrative Agent from time to time).

 “Termination Event” means the occurrence of any of the following which, individually or in the aggregate, has
resulted or could reasonably be expected to result in liability of the Borrower in an aggregate amount in excess of the Threshold Amount: (a) a “Reportable Event” described in Section 4043 of ERISA for which the thirty
(30) day notice requirement has not been waived by the PBGC, or (b) the withdrawal of any Credit Party or any ERISA Affiliate from a Pension Plan during a plan year in which it was a “substantial employer” as defined in
Section 4001(a)(2) of ERISA or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA, or (c) the termination of a Pension Plan, the filing of a notice of intent to terminate a Pension Plan or
the treatment of a Pension Plan amendment as a termination, under Section 4041 of ERISA, if the plan assets are not sufficient to pay all plan liabilities, or (d) the institution of proceedings to terminate, or the appointment of a trustee
with respect to, any Pension Plan by the PBGC, or (e) any other event or condition which would constitute grounds under Section 4042(a) of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan, or
(f) the imposition of a Lien pursuant to Section 430(k) of the Code or Section 303 of ERISA, or (g) the determination that any Pension Plan or Multiemployer Plan is considered an at-risk plan or plan in endangered or critical
status within the meaning of Sections 430, 431 or 432 of the Code or Sections 303, 304 or 305 of ERISA or (h) the partial or complete withdrawal of any Credit Party or any ERISA Affiliate from a Multiemployer Plan if withdrawal liability is
asserted by such plan, or (i) any event or condition which results in the insolvency of a Multiemployer Plan under Section 4245 of ERISA, or (j) any event or condition which results in the termination of a Multiemployer Plan under
Section 4041A of ERISA or the institution by PBGC of proceedings to terminate a Multiemployer Plan under Section 4042 of ERISA, or (k) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not
delinquent under Section 4007 of ERISA, upon any Credit Party or any ERISA Affiliate. 
 “Threshold Amount” means the
greater of (x) $35,000,000 and (y) 15.00% of LTM EBITDA. 
 “Total Credit Exposure” means, as to any Lender at
any time, the unused Commitments, Revolving Credit Exposure and outstanding Incremental Term Loans of such
Lender at such time. 
 “Total Net Leverage Ratio” means, as of any date of determination, the ratio of (a)(i)
Consolidated Funded Indebtedness on such date minus (ii) the lesser of (x) all Unrestricted Cash and Cash Equivalents on such date and (y) $150,000,000 to (b) LTM EBITDA. 

  
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 “Transaction Costs” means all transaction fees, expenses, charges and other
amounts related to the Transactions, any Permitted Acquisitions and, to the extent permitted under this Agreement, any other Acquisition or other Investment, any Asset Disposition (other than in the ordinary course of business), any incurrence of
Indebtedness, any issuance of Equity Interests or any amendments or waivers of the Loan Documents or any agreements or instruments relating to any other Indebtedness permitted hereunder, in each case whether or not consummated (including, without
limitation, any financing fees, merger and acquisition fees, legal fees and expenses, due diligence fees or any other fees and expenses in connection with the foregoing), in each case to the extent paid within six (6) months of the closing of
the Credit Facility, such Permitted Acquisition or such other event, as applicable. 
 “Transactions” means, collectively,
(a) the execution, delivery and performance by the Borrower of this Agreement and by the Borrower and the other Credit Parties, (b) the
Refinancing and the ATV Refinancing, (c) the initial
Extensions of Credit, (d) the DPL Acquisition and the Super ATV Acquisition and (e) the payment of
the Transaction Costs incurred in connection with the foregoing. 
 “UCC” means the Uniform Commercial Code as in
effect in the State of New York. 
 “UK Financial Institution” means any BRRD Undertaking (as such term is defined under
the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling withinsubject to IFPRU 11.6 of the FCA Handbook (as amended from time to time)
promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. 

“UK Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for
the resolution of any UK Financial Institution. 
 “United States” and “U.S.” means the United States of America. 

“Unreimbursed Amount” has the meaning specified in Section 3.1(f). 

“Unrestricted Cash and Cash Equivalents” means, as of any date of determination, 100% of all cash and Cash Equivalents of the
Borrower and its Subsidiaries as of such date that are held in bank accounts or securities accounts located in the United States or Canada and that would not appear as “restricted” on any financial statement required to be delivered
pursuant to Section 8.1, determined on a Consolidated basis in accordance with GAAP. 
 “Unrestricted
Subsidiary” means any subsidiary organized or acquired directly or indirectly by the Borrower after the Closing Date that the Borrower designates as an “Unrestricted Subsidiary” by written notice to the Administrative Agent;
provided that, (a) immediately before and after such designation, no Event of Default shall have occurred and be continuing or would result from such designation and the Borrower shall be in compliance on a Pro Forma Basis with
Section 9.13, (b) no Subsidiary may be designated as an Unrestricted Subsidiary if it is a “restricted subsidiary” or a “guarantor” (or any similar designation) for Indebtedness of any Credit Party (other than
Indebtedness under this Agreement) in excess of the Threshold Amount and (c) capacity for the Investment resulting from such designation of such Unrestricted Subsidiary pursuant to Section 9.3 would exist. The designation of any
subsidiary as an Unrestricted Subsidiary shall constitute an Investment by the parent company of such subsidiary therein under Section 9.3 at the date of designation in an amount equal to the fair market value of such parent
company’s investment therein. No Unrestricted Subsidiary may own any Equity Interests of a Subsidiary; provided that, so long as no Event of Default shall have occurred and be continuing or would result therefrom, the Borrower may
designate any Unrestricted Subsidiary as a 

  
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“Subsidiary” by written notice to the Administrative Agent and by complying with the applicable provisions of Section 8.17. Notwithstanding the foregoing, in no event shall
(A) a subsidiary of the Borrower (whether such subsidiary is a subsidiary of the Borrower prior to such designation or will become a subsidiary of the Borrower upon such designation) be designated as an “Unrestricted Subsidiary” if
such subsidiary holds any IP Rights or (B) the Borrower or any Subsidiary sell, transfer, exclusively license, lease or otherwise dispose of any IP Rights to an Unrestricted Subsidiary, in each case to the extent that such IP Rights are
material to the business of the Borrower and its subsidiaries (taken as a whole). 
 “U.S. Government Securities Business Day” means any Business Day, except any Business Day on which any of the
Securities Industry and Financial Markets Association, the New York Stock Exchange
or the Federal Reserve Bank of New York is not open for business because such day is a legal holiday under the federal laws of the United States or the laws of the
State of New York, as applicable. 
 “U.S. Person” means any
Person that is a “United States person” as defined in Section 7701(a)(30) of the Code. 
 “U.S. Tax Compliance
Certificate” has the meaning assigned thereto in Section 5.11(g). 
 “Weighted Average Life to
Maturity” means, when applied to any Indebtedness at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (i) the amount of each then remaining installment, sinking
fund, serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of
such payment; by (b) the then outstanding principal amount of such Indebtedness, in each case of clauses (a) and (b), without giving effect to the application of any prior prepayment to such installment, sinking fund, serial
maturity or other required payment of principal. 
 “Wholly-Owned” means, with respect to a subsidiary of the Borrower,
that all of the Equity Interests of such subsidiary are, directly or indirectly, owned or controlled by the Borrower and/or one or more of its Wholly-Owned subsidiaries of the Borrower (except for directors’ qualifying shares or other shares
required by Applicable Law to be owned by a Person other than the Borrower and/or one or more of its Wholly-Owned subsidiaries). 

“Write-Down and Conversion Powers” means (a) with respect to any EEA Resolution Authority, the write-down and conversion
powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule and (b) with respect to
the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability
arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any
obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers. 

Section 1.2 Other Definitions and Provisions. With reference to this Agreement and each other Loan Document, unless otherwise
specified herein or in such other Loan Document: (a) the definitions of terms herein shall apply equally to the singular and plural forms of the terms defined, (b) whenever the context may require, any pronoun shall include the
corresponding masculine, feminine and neuter forms, (c) the words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”, (d) the word
“will” shall be construed to have the same meaning and effect 

  
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as the word “shall”, (e) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (f) the words “herein”,
“hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (g) all references herein to Articles, Sections, Exhibits and
Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (h) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to
any and all tangible and intangible assets and properties, including cash, securities, accounts and contract rights, (i) the term “documents” includes any and all instruments, documents, agreements, certificates, notices, reports,
financial statements and other writings, however evidenced, whether in physical or electronic form and (j) in the computation of periods of time from a specified date to a later specified date, the word “from” means “from and
including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means “to and including”. 

Section 1.3 Accounting Terms. 

(a) All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data
(including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with GAAP, applied on a consistent basis, as in effect from time to time and in a manner consistent
with that used in preparing the audited financial statements required by Section 8.1(a), except as otherwise specifically prescribed herein. Notwithstanding the foregoing, for purposes of determining compliance with any covenant
(including the computation of any financial covenant) contained herein, Indebtedness of the Borrower and its Subsidiaries shall be deemed to be carried at one hundred percent (100%) of the outstanding principal amount thereof, and the effects
of FASB ASC 825 and FASB ASC 470-20 on financial liabilities shall be disregarded. 
 (b) If at any time any change in GAAP would affect
the computation of any financial ratio or requirement set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend
such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be
computed in accordance with GAAP prior to such change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested
hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP; provided, further that all obligations of any Person that are or would have been
treated as operating leases for purposes of GAAP prior to the effectiveness of FASB ASC 842 shall continue to be accounted for as operating leases for purposes of all financial definitions and calculations for purposes of this Agreement (whether or
not such operating lease obligations were in effect on such date) notwithstanding the fact that such obligations are required in accordance with FASB ASC 842 (on a prospective or retroactive basis or otherwise) to be treated as Capital Lease
Obligations in the financial statements. 
 Section 1.4 UCC Terms. Terms defined in the UCC in effect on the Closing Date and
not otherwise defined herein shall, unless the context otherwise indicates, have the meanings provided by those definitions. Subject to the foregoing, the term “UCC” refers, as of any date of determination, to the UCC then in effect. 

Section 1.5 Rounding. Any financial ratios required to be maintained pursuant to this Agreement shall be calculated by dividing
the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio or percentage is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if
there is no nearest number). 

  
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 Section 1.6 References to Agreement and Laws. Unless otherwise expressly
provided herein, (a) any definition or reference to formation documents, governing documents, agreements (including the Loan Documents) and other contractual documents or instruments shall be deemed to include all subsequent amendments,
restatements, extensions, supplements and other modifications thereto, but only to the extent that such amendments, restatements, extensions, supplements and other modifications are not prohibited by any Loan Document; and (b) any definition or
reference to any Applicable Law, including, without limitation, Anti-Corruption Laws, Anti-Money Laundering Laws, the Bankruptcy Code, the Code, the Commodity Exchange Act, ERISA, the Exchange Act, the PATRIOT Act, the Securities Act, the UCC, the
Investment Company Act, the Interstate Commerce Act, the Trading with the Enemy Act of the United States or any of the foreign assets control regulations of the United States Treasury Department, shall include all statutory and regulatory provisions
consolidating, amending, replacing, supplementing or interpreting such Applicable Law. 
 Section 1.7 Times of Day. Unless
otherwise specified, all references herein to times of day shall be references to Eastern time (daylight or standard, as applicable). 

Section 1.8 Guarantees/Earn-Outs. Unless otherwise specified, (a) the amount of any Guarantee shall be the lesser of the
amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guarantee and (b) the amount of any earn-out or similar
obligation shall be the amount of such obligation as reflected on the balance sheet of such Person in accordance with GAAP. 

Section 1.9 Covenant Compliance Generally. For purposes of determining compliance under Sections 9.1, 9.2,
9.3, 9.5 and 9.6, any amount in a currency other than Dollars will be converted to Dollars in a manner consistent with that used in calculating Consolidated Net Income in the most recent annual financial statements of the
Borrower and its subsidiaries delivered pursuant to Section 8.1(a) of this Agreement. Notwithstanding the foregoing, for purposes of determining compliance with Sections 9.1, 9.2 and 9.3, with respect to any amount of Indebtedness or
Investment in a currency other than Dollars, no breach of any basket contained in such sections shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness or Investment is incurred;
provided that for the avoidance of doubt, the foregoing provisions of this Section 1.9 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness or Investment may be incurred at any time under
such Sections. 
 Section 1.10 Limited Condition Acquisitions. In the event that the Borrower notifies the Administrative Agent
in writing that any proposed Acquisition is a Limited Condition Acquisition and that the Borrower wishes to test the conditions to such Acquisition and the Indebtedness that is to be used to finance such Acquisition in accordance with this
Section 1.10, then, so long as agreed to by the lenders providing such Indebtedness, the following provisions shall apply: 

(a) any condition to such Limited Condition Acquisition or such Indebtedness (including Section 6.2) that requires that no
Default or Event of Default shall have occurred and be continuing at the time of such Limited Condition Acquisition or the incurrence of such Indebtedness, shall be satisfied if (i) no Default or Event of Default shall have occurred and be
continuing at the time of the execution of the definitive purchase agreement, merger agreement or other acquisition agreement governing such Limited Condition Acquisition (the “LCA Test Date”) and (ii) no Specified Event of
Default shall have occurred and be continuing both immediately before and immediately after giving effect to such Limited Condition Acquisition and any Indebtedness incurred in connection therewith (including any such additional Indebtedness); 

  
 46 

 (b) any condition to such Limited Condition Acquisition or such Indebtedness (including
Section 6.2) that the representations and warranties in this Agreement and the other Loan Documents shall be true and correct at the time of consummation of such Limited Condition Acquisition or the incurrence of such Indebtedness shall
be deemed satisfied if (i) all representations and warranties in this Agreement and the other Loan Documents are true and correct in all material respects (except for any representation and warranty that is qualified by materiality or reference
to Material Adverse Effect, which such representation and warranty shall be true and correct in all respects) as of the LCA Test Date, or if such representation speaks as of an earlier date, as of such earlier date and (ii) as of the date of
consummation of such Limited Condition Acquisition, (A) the representations and warranties under the relevant definitive agreement governing such Limited Condition Acquisition as are material to the lenders providing such Indebtedness shall be
true and correct, but only to the extent that the Borrower or its applicable Subsidiary has the right to terminate its obligations under such agreement or otherwise decline to close such Limited Condition Acquisition as a result of a breach of such
representations and warranties or the failure of those representations and warranties to be true and correct and (B) certain of the representations and warranties in this Agreement and the other Loan Documents which are customary for similar
“funds certain” financings and required by the lenders providing such Indebtedness shall be true and correct in all material respects (except for any representation and warranty that is qualified by materiality or reference to Material
Adverse Effect, which such representation and warranty shall be true and correct in all respects); 
 (c) any financial ratio test or
condition to be tested in connection with such Limited Condition Acquisition and the availability of such Indebtedness (including Section 6.2) will be tested as of the LCA Test Date, in each case, after giving effect to the relevant
Limited Condition Acquisition and related incurrence of Indebtedness, on a Pro Forma Basis where applicable, and, for the avoidance of doubt, (i) such ratios and baskets shall not be tested at the time of consummation of such Limited Condition
Acquisition and (ii) if any of such ratios are exceeded or conditions are not met following the LCA Test Date, but prior to the closing of such Limited Condition Acquisition, as a result of fluctuations in such ratio or amount (including due to
fluctuations in Consolidated EBITDA of the Borrower or the Person subject to such Limited Condition Acquisition), at or prior to the consummation of the relevant transaction or action, such ratios will not be deemed to have been exceeded and such
conditions will not be deemed unmet as a result of such fluctuations solely for purposes of determining whether the relevant transaction or action is permitted to be consummated or taken; and 

(d) except as provided in the next sentence, in connection with any subsequent calculation of any ratio or basket on or following the
relevant LCA Test Date and prior to the earlier of the date on which such Limited Condition Acquisition is consummated and the date that the definitive agreement for such Limited Condition Acquisition is terminated or expires without consummation of
such Limited Condition Acquisition, any such ratio or basket shall be calculated (i) on a Pro Forma Basis assuming such Limited Condition Acquisition and other transactions in connection therewith (including the incurrence or assumption of
Indebtedness) have been consummated and (ii) assuming such Limited Condition Acquisition and other transactions in connection therewith (including the incurrence or assumption of Indebtedness) have not been consummated. Notwithstanding the
foregoing, any calculation of a ratio in connection with determining the Applicable Margin and determining whether or not the Borrower is in compliance with the financial covenants set forth in Section 9.13 shall, in each case be
calculated assuming such Limited Condition Acquisition and other transactions in connection therewith (including the incurrence or assumption of Indebtedness) have not been consummated. 

  
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 The foregoing provisions shall apply with similar effect during the pendency of multiple
Limited Condition Acquisitions such that each of the possible scenarios is separately tested. 
 Section 1.11 [Reserved]. 

Section 1.11
Rates. The interest rate on LIBOR Rate Loans and Base
Rate Loans (when determined by reference to clause
(c) of the definition of Base Rate) may be determined by reference to LIBOR, which is derived from the London interbank offered rate. The London
interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. On March 5, 2021, ICE Benchmark Administration (“IBA”), the
administrator of the London interbank offered rate, and the Financial Conduct Authority (the “FCA”), the regulatory supervisor of IBA, announced in public statements (the “Announcements”) that the final publication or
representativeness date for the London interbank offered rate for Dollars for: (a) 1-week and 2-month tenor settings will be December 31, 2021 and (b) overnight, 1-month, 3-month, 6-month and 12-month tenor settings will be
June 30, 2023. No successor administrator for IBA was identified in such Announcements. As a result, it is possible that commencing immediately after such dates, the London interbank offered rate for such tenors may no longer be available or
may no longer be deemed a representative reference rate upon which to determine the interest rate on LIBOR Rate Loans or Base Rate Loans (when determined by reference to clause (c) of the definition of Base Rate). There is no assurance
that the dates set forth in the Announcements will not change or that IBA or the FCA will not take further action that could impact the availability, composition or characteristics of any London interbank offered rate. Public and private sector
industry initiatives have been and continue, as of the date hereof, to be underway to implement new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate or any
other then-current Benchmark is no longer available or in certain other circumstances set forth in Section 5.8(c), such Section 5.8(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to
Section 5.8(c), of any change to the reference rate upon which the interest rate on LIBOR Rate Loans and Base Rate Loans (when determined by reference to
clause (c) of the definition of Base Rate) is
based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, (i) the administration of, submission of, calculation of or any other matter related to the London
interbank offered rate or other rates in the definition of “LIBOR” or with respect to any alternative, comparable or successor rate thereto, or replacement rate thereof (including any then-current Benchmark or any Benchmark Replacement),
including whether the composition or characteristics of any such alternative, successor or replacement reference rate (including any Benchmark Replacement), as it may or may not be adjusted pursuant to Section 5.8(c), will be similar to, or
produce the same value or economic equivalence of, LIBOR or any other Benchmark, or have the same volume or liquidity as did the London interbank offered rate or any other Benchmark prior to its discontinuance or unavailability, or (ii) the
effect, implementation or composition of any Benchmark Replacement Conforming Changes. 

Section 1.12 Divisions. For all purposes under the Loan Documents, in connection with any division or plan of division under
Delaware law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed
to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized on the first date of its existence by the holders of its Equity
Interests at such time. 
 Section 1.13 Pro Forma Calculations. Other than for purposes of determining actual (as opposed to pro
forma for determining the permissibility of a Permitted Acquisition, designation of an Unrestricted Subsidiary or incurrence of Indebtedness) compliance with Section 9.13, in connection with the calculation of the Total Net Leverage
Ratio, the Secured Net Leverage Ratio or the Consolidated 

  
 48 

 
Interest Coverage Ratio for purposes of incurring Indebtedness or Disqualified Equity Interests pursuant to a clause that requires compliance with a maximum Total Net Leverage Ratio or Secured
Net Leverage Ratio or minimum Consolidated Interest Coverage Ratio under this Agreement, no effect (pro forma or otherwise) shall be given to any Indebtedness being incurred (or commitments obtained) on the same date pursuant to any fixed dollar
basket or basket based on a percentage of LTM EBITDA when making such determination. Consolidated EBITDA shall be deemed to be
(x) $61,939,380 for the fiscal quarter ended September 26,
2020, $61,205,890 for the fiscal quarter ended December 26, 2020, $56,409,150 for the fiscal quarter ended March 27, 2021 and $62,016,360 for the fiscal quarter ended June 26, 2021 and (y) $71,065,927 for the fiscal quarter ended September 25, 2021, $76,604,146 for the fiscal quarter ended
December 25, 2021, $72,456,458 for the fiscal quarter ended March 26, 2022 and $72,647,183 for the fiscal quarter ended June 25, 2022 (and, in the case of a determination of
satisfaction of a provision of Section 9.13 for determining such permissibility of any such transaction as of or for a period prior to which financial statements are first required to be delivered pursuant to Section 8.1(a)
or Section 8.1(b), such provision of such Section 9.13 shall be deemed to apply as of and for the period ended June 26, 2021), in each case such determination to be made on a Pro Forma Basis for Specified Transactions
occurring following the Closing Date. 
 Section 1.14 Letter of Credit Amounts. Unless otherwise specified herein, the
amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document
related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases,
whether or not such maximum stated amount is in effect at such time. 
 Section 1.15 Delayed Draw Term Loans. Incremental Term
Loans and Incremental Equivalent Debt may be structured in whole or part as delayed draw term facilities, and in such case, the determination whether such delayed draw Incremental Term Loans or Incremental Equivalent Debt would be within the
Incremental Facilities Limit shall be made, either (at the option of the Borrower) at (a) the time the definitive agreements (which, in the case of an Incremental Term Loan, shall constitute the Lender Joinder Agreement) with respect to such
delayed draw Incremental Term Loans or Incremental Equivalent Debt are entered into by the parties thereto (and in the case of this clause (a), shall assume that all such delayed draw Incremental Term Loans or Incremental Equivalent Debt has
been drawn (and none of the proceeds thereof shall have been included in clause (ii) of the definition of
“Secured Net Leverage Ratio” when making such determination)) or (b) upon each date that such Incremental Term Loans or
Incremental Equivalent Debt is actually incurred (and none of the proceeds thereof shall have been included in clause (ii) of the definition of
“Secured Net Leverage Ratio” when making such determination). 

ARTICLE II 
 REVOLVING CREDIT FACILITY 
 Section 2.1 Revolving
Credit Loans and Amendment No. 1 Term Loans.

(a)
 Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each
Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date to, but not including, the Revolving Credit Maturity Date as requested by the Borrower in accordance with the
terms of Section 2.3; provided that
(ai) the Revolving Credit Outstandings shall not exceed the Revolving Credit Commitment and (bii) 

  
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the Revolving Credit Exposure of any Revolving Credit Lender shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment. Each Revolving Credit Loan by a
Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms
and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Maturity Date. 

(b) Subject
solely to the satisfaction of the conditions set forth in Section 4 of Amendment No. 1, each Amendment No. 1 Term Loan Lender severally agrees to make a term loan (an “Amendment No. 1 Term Loan”) to the Borrower on the
Amendment No. 1 Effective Date in a principal amount equal to such Lender’s Amendment No. 1 Term Loan Commitment as of the Amendment No. 1 Effective Date as set forth in the Amendment No. 1. Notwithstanding the foregoing, if
the total Amendment No. 1 Term Loan Commitment as of the Amendment No. 1 Effective Date is not drawn on the Amendment No. 1 Effective Date, the undrawn amount shall automatically be cancelled. No Amendment No. 1 Term Loans
pursuant to this Agreement may be reborrowed once repaid. 
 Section 2.2
Swingline Loans. 
 (a) Availability. Subject to the terms and conditions of this Agreement and the other Loan Documents,
including, without limitation, Section 6.2(d) of this Agreement, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, the Swingline Lender may, in its sole discretion, make
Swingline Loans in Dollars to the Borrower from time to time from the Closing Date to, but not including, the Revolving Credit Maturity Date; provided that (i) after giving effect to any amount requested, the Revolving Credit
Outstandings shall not exceed the Revolving Credit Commitment and (ii) the aggregate principal amount of all outstanding Swingline Loans (after giving effect to any amount requested) shall not exceed the Swingline Commitment. 

(b) Refunding. 
 (i) The
Swingline Lender, at any time and from time to time in its sole and absolute discretion may, on behalf of the Borrower (which hereby irrevocably directs the Swingline Lender to act on its behalf), by written notice given no later than 11:00 a.m. on
any Business Day request each Revolving Credit Lender to make, and each Revolving Credit Lender hereby agrees to make, a Revolving Credit Loan as a Base Rate Loan in an amount equal to such Revolving Credit Lender’s Revolving Credit Commitment
Percentage of the aggregate amount of the Swingline Loans outstanding on the date of such notice, to repay the Swingline Lender. Each Revolving Credit Lender shall make the amount of such Revolving Credit Loan available to the Administrative Agent
in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. on the day specified in such notice. The proceeds of such Revolving Credit Loans shall be immediately made available by the Administrative Agent to the
Swingline Lender for application by the Swingline Lender to the repayment of the Swingline Loans. No Revolving Credit Lender’s obligation to fund its respective Revolving Credit Commitment Percentage of a Swingline Loan shall be affected by any
other Revolving Credit Lender’s failure to fund its Revolving Credit Commitment Percentage of a Swingline Loan, nor shall any Revolving Credit Lender’s Revolving Credit Commitment Percentage be increased as a result of any such failure of
any other Revolving Credit Lender to fund its Revolving Credit Commitment Percentage of a Swingline Loan. 
 (ii) The Borrower shall pay to
the Swingline Lender on demand, and in any event on the Revolving Credit Maturity Date, in immediately available funds the amount of such Swingline Loans to the extent amounts received from the Revolving Credit Lenders are not sufficient to repay in
full the outstanding Swingline Loans requested or required to be refunded. In addition, the 

  
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Borrower irrevocably authorizes the Administrative Agent to charge any account maintained by the Borrower with the Swingline Lender (up to the amount available therein) in order to immediately
pay the Swingline Lender the amount of such Swingline Loans to the extent amounts received from the Revolving Credit Lenders are not sufficient to repay in full the outstanding Swingline Loans requested or required to be refunded. If any portion of
any such amount paid to the Swingline Lender shall be recovered by or on behalf of the Borrower from the Swingline Lender in bankruptcy or otherwise, the loss of the amount so recovered shall be ratably shared among all the Revolving Credit Lenders
in accordance with their respective Revolving Credit Commitment Percentages. 
 (iii) If for any reason any Swingline Loan cannot be
refinanced with a Revolving Credit Loan pursuant to Section 2.2(b)(i), each Revolving Credit Lender shall, on the date such Revolving Credit Loan was to have been made pursuant to the notice referred to in Section 2.2(b)(i),
purchase for cash an undivided participating interest in the then outstanding Swingline Loans by paying to the Swingline Lender an amount (the “Swingline Participation Amount”) equal to such Revolving Credit Lender’s Revolving
Credit Commitment Percentage of the aggregate principal amount of Swingline Loans then outstanding. Each Revolving Credit Lender will immediately transfer to the Swingline Lender, in immediately available funds, the amount of its Swingline
Participation Amount. Whenever, at any time after the Swingline Lender has received from any Revolving Credit Lender such Revolving Credit Lender’s Swingline Participation Amount, the Swingline Lender receives any payment on account of the
Swingline Loans, the Swingline Lender will distribute to such Revolving Credit Lender its Swingline Participation Amount (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s
participating interest was outstanding and funded and, in the case of principal and interest payments, to reflect such Revolving Credit Lender’s pro rata portion of such payment if such payment is not sufficient to pay the principal of
and interest on all Swingline Loans then due); provided that in the event that such payment received by the Swingline Lender is required to be returned, such Revolving Credit Lender will return to the Swingline Lender any portion thereof
previously distributed to it by the Swingline Lender. 
 (iv) Each Revolving Credit Lender’s obligation to make the Revolving Credit
Loans referred to in Section 2.2(b)(i) and to purchase participating interests pursuant to Section 2.2(b)(iii) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff,
counterclaim, recoupment, defense or other right that such Revolving Credit Lender or the Borrower may have against the Swingline Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default
or an Event of Default or the failure to satisfy any of the other conditions specified in Article VI, (C) any adverse change in the condition (financial or otherwise) of the Borrower, (D) any breach of this Agreement or any other
Loan Document by the Borrower, any other Credit Party or any other Revolving Credit Lender or (E) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing. 

(v) If any Revolving Credit Lender fails to make available to the Administrative Agent, for the account of the Swingline Lender, any amount
required to be paid by such Revolving Credit Lender pursuant to the foregoing provisions of this Section 2.2(b) by the time specified in Section 2.2(b)(i) or 2.2(b)(iii), as applicable, the Swingline Lender shall be
entitled to recover from such Revolving Credit Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately
available to the Swingline Lender at a rate per annum equal to the applicable Federal Funds Rate, plus any administrative, processing or similar fees customarily charged by the Swingline Lender in connection with the foregoing. If such
Revolving Credit Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Revolving Credit Lender’s Revolving Credit Loan or Swingline Participation Amount, as the case may be. A certificate of the
Swingline Lender submitted to any Revolving Credit Lender (through the Administrative Agent) with respect to any amounts owing under this clause (v) shall be conclusive absent manifest error. 

  
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 (c) Defaulting Lenders. Notwithstanding anything to the contrary contained in this
Agreement, this Section 2.2 shall be subject to the terms and conditions of Section 5.14 and Section 5.15. 

Section 2.3 Procedure for Advances of Revolving Credit
Loans, Term Loans and Swingline Loans. 

(a) Requests for Borrowing. The Borrower shall give the Administrative Agent irrevocable prior written notice substantially in the form
of Exhibit B (a “Notice of Borrowing”) not later than 11:00 a.m. (i) on the same Business Day as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR RateTerm
SOFR Loan, of its intention to borrow, specifying (A) the date of such borrowing, which shall be a Business Day, (B) the amount of such borrowing, which shall be, (x) with respect
to Base Rate Loans (other than Swingline Loans) in an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof, (y) with respect to
LIBOR RateTerm
SOFR Loans in an aggregate principal amount of $1,000,000 or a whole multiple of $100,000 in excess thereof and (z) with respect to Swingline Loans in an aggregate principal amount of
$500,000 or a whole multiple of $100,000 in excess thereof, (C) whether such Loan is to be a Revolving Credit Loan or, Swingline Loan or a Term Loan, (D) in the case of a Revolving Credit Loan or a Term Loan, whether the Loans are to be LIBOR RateTerm
SOFR Loans or Base Rate Loans, and (E) in the case of a LIBOR RateTerm SOFR Loan, the duration of the Interest Period applicable thereto;
provided that if the Borrower wishes to request LIBOR
RateTerm SOFR Loans having an Interest Period of
twelve (12) months in duration, such notice must be received by the Administrative Agent not later than 11:00 a.m. four (4) Business Days prior to the requested date of such borrowing, whereupon the Administrative Agent shall give prompt
notice to the Revolving Credit Lenders of such request and determine whether the requested Interest Period is acceptable to all of them. If the Borrower fails to specify a type of Loan in a Notice of Borrowing, then the applicable Loans shall be
made as Base Rate Loans. If the Borrower requests a borrowing of LIBOR RateTerm SOFR Loans in any such Notice of Borrowing, but fails to specify an
Interest Period, it will be deemed to have specified an Interest Period of one (1) month. A Notice of Borrowing received after 11:00 a.m. shall be deemed received on the next Business Day. The Administrative Agent shall promptly notify the
Revolving Credit Lenders of each Notice of Borrowing. 
 (b) Disbursement of Revolving Credit and Swingline Loans. Not later
than 1:00 p.m. on the proposed borrowing date, (i) each Revolving Credit Lender will make available to the Administrative Agent, for the account of the Borrower, at the office of the Administrative Agent in funds immediately available to the
Administrative Agent, such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the Revolving Credit Loans to be made on such borrowing date and (ii) the Swingline Lender will make available to the Administrative Agent, for
the account of the Borrower, at the office of the Administrative Agent in funds immediately available to the Administrative Agent, the Swingline Loans to be made on such borrowing date. The Borrower hereby irrevocably authorizes the Administrative
Agent to disburse the proceeds of each borrowing requested pursuant to this Section 2.3(b) in immediately available funds by crediting or wiring such proceeds to the deposit account of the Borrower identified in the most recent notice
substantially in the form attached as Exhibit C (a “Notice of Account Designation”) delivered by the Borrower to the Administrative Agent or as may be otherwise agreed upon by the Borrower and the Administrative Agent from
time to time. Subject to Section 5.7 hereof, the Administrative Agent shall not be obligated to disburse the portion of the proceeds of any Revolving Credit Loan requested pursuant to this Section 2.3(b) to the extent that
any Revolving Credit Lender has not made available to the Administrative Agent its Revolving Credit Commitment Percentage of such Loan. Revolving Credit Loans to be made for the purpose of refunding Swingline Loans shall be made by the Revolving
Credit Lenders as provided in Section 2.2(b). 

  
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(c) With
respect to SOFR or Term SOFR, the Administrative Agent will have the right to make Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Conforming
Changes will become effective without any further action or
consent of any other party to this Agreement or any other Loan Document; provided that, with respect to any
such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes effective. 
 Section 2.4 Repayment and Prepayment of Revolving Credit and Swingline Loans. 

(a) Repayment on Termination Date. The Borrower hereby agrees to repay the outstanding principal amount of (i) all Revolving
Credit Loans in full on the Revolving Credit Maturity Date, and (ii) all Swingline Loans in accordance with Section 2.2(b) (but, in any event, no later than the Revolving Credit Maturity Date), together, in each case, with all
accrued but unpaid interest thereon. 
 (b) Mandatory Prepayments. If at any time the Revolving Credit Outstandings exceed the
Revolving Credit Commitment, the Borrower agrees to promptly repay (and in any event within one (1) Business Day) upon notice from the Administrative Agent, by payment to the Administrative Agent for the account of the Revolving Credit Lenders,
Extensions of Credit in an amount equal to such excess with each such repayment applied first, to the principal amount of outstanding Swingline Loans, second to the principal amount of outstanding Revolving Credit Loans and
third, with respect to any Letters of Credit then outstanding, a payment of Cash Collateral into a Cash Collateral account opened by the Administrative Agent, for the benefit of the Revolving Credit Lenders, in an amount equal to such excess
(such Cash Collateral to be applied in accordance with Section 10.2(b)). 
 (c) Optional Prepayments. The Borrower may
at any time and from time to time prepay Revolving Credit Loans, Incremental Term Loans and Swingline Loans,
in whole or in part, without premium or penalty, with irrevocable prior written notice to the Administrative Agent substantially in the form attached as Exhibit D (a “Notice of Prepayment”) given not later than 11:00 a.m.
(i) on the same Business Day as each Base Rate Loan and each Swingline Loan and (ii) at least three (3) Business Days before each LIBOR
RateTerm SOFR Loan (in each case, or such later
time approved by the Administrative Agent), specifying the date and amount of prepayment and whether the prepayment is of LIBOR RateTerm SOFR Loans, Base Rate Loans, Swingline Loans or a combination
thereof, and, if of a combination thereof, the amount allocable to each. Upon receipt of such notice, the Administrative Agent shall promptly notify each Revolving Credit Lender or Term Loan Lender, as applicable. If any such notice is given, the
amount specified in such notice shall be due and payable on the date set forth in such notice. Partial prepayments shall be in an aggregate amount of $1,000,000 or a whole multiple of $100,000 in excess thereof with respect to Base Rate Loans (other
than Swingline Loans), $1,000,000 or a whole multiple of $100,000 in excess thereof with respect to LIBOR RateTerm SOFR Loans and $500,000 or a whole multiple of $100,000 in excess
thereof with respect to Swingline Loans. A Notice of Prepayment received after 11:00 a.m. shall be deemed received on the next Business Day. Each such repayment shall be accompanied by any amount required to be paid pursuant to
Section 5.9 hereof. Notwithstanding the foregoing, any Notice of Prepayment delivered in connection with any refinancing of all of the Credit Facility with the proceeds of such refinancing or of any incurrence of Indebtedness or the
occurrence of some other identifiable event or condition, may be, if expressly so stated to be, contingent upon the consummation of such refinancing or incurrence or occurrence of such other identifiable event or condition and may be revoked by the
Borrower in the event such contingency is not met (provided that the failure of such contingency shall not relieve the Borrower from its obligations in respect thereof under Section 5.9). 

  
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 (d) [Reserved.] 

(e) Limitation on Prepayment of LIBOR
RateTerm SOFR Loans. The Borrower may not prepay any LIBOR RateTerm
SOFR Loan on any day other than on the last day of the Interest Period applicable thereto unless such prepayment is accompanied by any amount required to be paid pursuant to
Section 5.9 hereof. 
 (f) Hedge Agreements. No repayment or prepayment of the Loans pursuant to this
Section 2.4 shall affect any of the Borrower’s obligations under any Hedge Agreement entered into with respect to the Loans. 

Section 2.5 Permanent Reduction of the Revolving Credit Commitment. 

(a) Voluntary Reduction. The Borrower shall have the right at any time and from time to time, upon at least five (5) Business
Days prior irrevocable written notice to the Administrative Agent, to permanently reduce, without premium or penalty, (i) the entire Revolving Credit Commitment at any time or (ii) portions of the Revolving Credit Commitment, from time to
time, in an aggregate principal amount not less than $1,000,000 or any whole multiple of $500,000 in excess thereof. Any reduction of the Revolving Credit Commitment shall be applied to the Revolving Credit Commitment of each Revolving Credit Lender
according to its Revolving Credit Commitment Percentage. All Commitment Fees accrued until the effective date of any termination of the Revolving Credit Commitment shall be paid on the effective date of such termination. Notwithstanding the
foregoing, any notice to reduce the Revolving Credit Commitment delivered in connection with any refinancing of all of the Credit Facility with the proceeds of such refinancing or of any incurrence of Indebtedness or the occurrence of some other
identifiable event or condition, may be, if expressly so stated to be, contingent upon the consummation of such refinancing or incurrence or occurrence of such identifiable event or condition and may be revoked by the Borrower in the event such
contingency is not met (provided that the failure of such contingency shall not relieve the Borrower from its obligations in respect thereof under Section 5.9). 

(b) [Reserved.] 
 (c)
[Reserved.] 
 (d) Corresponding Payment. Each permanent reduction permitted pursuant to this Section shall be accompanied by
a payment of principal sufficient to reduce the aggregate outstanding Revolving Credit Loans, Swingline Loans and L/C Obligations, as applicable, after such reduction to the Revolving Credit Commitment as so reduced, and if the aggregate amount of
all outstanding Letters of Credit exceeds the Revolving Credit Commitment as so reduced, the Borrower shall be required to deposit Cash Collateral in a Cash Collateral account opened by the Administrative Agent in an amount equal to such excess.
Such Cash Collateral shall be applied in accordance with Section 10.2(b). Any reduction of the Revolving Credit Commitment to zero shall be accompanied by payment of all outstanding Revolving Credit Loans and Swingline Loans (and
furnishing of Cash Collateral satisfactory to the Administrative Agent for all L/C Obligations) and shall result in the termination of the Revolving Credit Commitment and the Swingline Commitment and the Revolving Credit Facility. If the reduction
of the Revolving Credit Commitment requires the repayment of any LIBOR
RateTerm SOFR Loan, such repayment shall be
accompanied by any amount required to be paid pursuant to Section 5.9 hereof. 

  
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 Section 2.6 Termination of Revolving Credit Facility. The Revolving Credit
Facility and the Revolving Credit Commitments shall terminate on the Revolving Credit Maturity Date. 
 ARTICLE III 

LETTER OF CREDIT FACILITY 

Section 3.1 L/C Facility. 

(a) General. The Letter of Credit Commitment. (i) Subject to the terms and conditions set forth herein, in addition to the Revolving Credit Loans provided for in Section 2.1, the
Borrower may request that any Issuing Lender, in reliance on the agreements of the Revolving Credit Lenders set forth in this Section 3.1, issue, at any time and from time to time during the Letter of Credit Availability Period, Letters
of Credit denominated in Dollars for its own account or the account of any of its Subsidiaries in such form as is acceptable to the Administrative Agent and such Issuing Lender in its reasonable determination. Letters of Credit issued hereunder
shall constitute utilization of the Revolving Credit Commitments. 
 (b) Notice of Issuance, Amendment, Extension, Reinstatement
or Renewal. To request the issuance of a Letter of Credit (or the amendment of the terms and conditions, extension of the terms and conditions, extension of the expiration date, or reinstatement of amounts paid, or renewal of an outstanding
Letter of Credit), the Borrower shall deliver (or transmit by electronic communication, if arrangements for doing so have been approved by the applicable Issuing Lender) to an Issuing Lender selected by it and to the Administrative Agent not later
than 11:00 a.m. at least two Business Days (or such later date and time as the Administrative Agent and such Issuing Lender may agree in a particular instance in their sole discretion) prior to the proposed issuance date or date of amendment, as the
case may be a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, extended, reinstated or renewed, and specifying the date of issuance, amendment, extension, reinstatement or renewal (which shall
be a Business Day), the date on which such Letter of Credit is to expire (which shall comply with clause (d) of this Section 3.1), the amount of such Letter of Credit, the name and address of the beneficiary thereof, the
purpose and nature of the requested Letter of Credit and such other information as shall be necessary to prepare, amend, extend, reinstate or renew such Letter of Credit. If requested by the applicable Issuing Lender, the Borrower also shall submit
a letter of credit application and reimbursement agreement on such Issuing Lender’s standard form in connection with any request for a Letter of Credit. In the event of any inconsistency between the terms and conditions of this Agreement and
the terms and conditions of any form of letter of credit application and reimbursement agreement or other agreement submitted by the Borrower to, or entered into by the Borrower with, an Issuing Lender relating to any Letter of Credit, the terms and
conditions of this Agreement shall control. 
 If the Borrower so requests in any applicable Letter of Credit Application (or the amendment
of an outstanding Letter of Credit), the applicable Issuing Lender may, in its sole discretion, agree to issue a Letter of Credit that has automatic extension provisions (each, an “Auto-Extension Letter of Credit”); provided that
any such Auto-Extension Letter of Credit shall permit such Issuing Lender to prevent any such extension at least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the
beneficiary thereof not later than a day (the “Non-Extension Notice Date”) in each such twelve-month period to be agreed upon by the Borrower and the applicable Issuing Lender at the time such Letter
of Credit is issued. Unless otherwise directed by the applicable Issuing Lender, the Borrower shall not be required to make a specific request to such Issuing Lender for any such extension. Once an Auto-Extension Letter of Credit has been issued,
the Revolving Credit Lenders shall be deemed to have authorized (but may not require) the applicable Issuing Lender to permit the extension of such Letter of Credit at any time to an expiration date not later than the date permitted pursuant to
Section 3.1(d); provided, that such Issuing Lender shall not (i) permit any such extension if 

  
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 (A) such Issuing Lender has determined that it would not be permitted, or would have no obligation, at such
time to issue such Letter of Credit in its extended form under the terms hereof (except that the expiration date may be extended to a date that is no more than one year from the then-current expiration date) or (B) it has received notice (which
may be in writing or by telephone (if promptly confirmed in writing)) on or before the day that is seven Business Days before the Non-Extension Notice Date from the Administrative Agent that the Required
Revolving Credit Lenders have elected not to permit such extension or (ii) be obligated to permit such extension if it has received notice (which may be in writing or by telephone (if promptly confirmed in writing)) on or before the day that is
seven Business Days before the Non-Extension Notice Date from the Administrative Agent, any Revolving Credit Lender or the Borrower that one or more of the applicable conditions set forth in
Section 6.2 is not then satisfied, and in each such case directing such Issuing Lender not to permit such extension. 
 (c)
Limitations on Amounts, Issuance and Amendment. A Letter of Credit shall be issued, amended, extended, reinstated or renewed only if (and upon issuance, amendment, extension, reinstatement or renewal of each Letter of Credit the Borrower
shall be deemed to represent and warrant that), after giving effect to such issuance, amendment, extension, reinstatement or renewal (i) the aggregate amount of the outstanding Letters of Credit issued by any Issuing Lender shall not exceed its
L/C Commitment, (ii) the aggregate L/C Obligations shall not exceed the L/C Sublimit, (iii) the Revolving Credit Exposure of any Lender shall not exceed its Revolving Credit Commitment, (iv) the sum of the total Revolving Credit
Exposures of all Lenders shall not exceed the total Revolving Credit Commitments of all Lenders and (v) the Revolving Credit Outstandings shall not exceed the Revolving Credit Commitment. 

(i) No Issuing Lender shall be under any obligation to issue, amend, extend, reinstate or renew any Letter of Credit if: 

(A) any order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain
such Issuing Lender from issuing, amending, extending, reinstating or renewing such Letter of Credit, or any Law applicable to such Issuing Lender or any request or directive (whether or not having the force of law) from any Governmental Authority
with jurisdiction over such Issuing Lender shall prohibit, or request that such Issuing Lender refrain from, the issuance of letters of credit generally or the Letter of Credit in particular or shall impose upon such Issuing Lender with respect to
the Letter of Credit any restriction, reserve or capital requirement (for which the such Issuing Lender is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon such Issuing Lender any unreimbursed loss, cost
or expense which was not applicable on the Closing Date and which such Issuing Lender in good faith deems material to it; 

(B) the issuance, amendment, extension, reinstatement or renewal of such Letter of Credit would violate one or more policies
of such Issuing Lender applicable to letters of credit generally; 
 (C) except as otherwise agreed by the Administrative
Agent and such Issuing Lender, the Letter of Credit is in an initial stated amount not less than $100,000, in the case of a commercial Letter of Credit, or $500,000, in the case of a standby Letter of Credit; 

(D) any Revolving Credit Lender is at that time a Defaulting Lender, unless such Issuing Lender has entered into arrangements,
including the delivery of Cash Collateral, satisfactory to such Issuing Lender (in its sole discretion) with the Borrower or such Lender to eliminate such Issuing Lender actual or potential Fronting Exposure (after giving effect to
Section 5.15(a)(iv)) with respect to the Defaulting Lender arising from either the Letter of Credit then proposed to be issued or that Letter of Credit and all other L/C Obligations as to which such Issuing Lender has actual or potential
Fronting Exposure, as it may elect in its sole discretion. 

  
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 (ii) No Issuing Lender shall be under any obligation to amend, extend, reinstate or renew
any Letter of Credit if (A) such Issuing Lender would have no obligation at such time to issue the Letter of Credit in its amended, extended, reinstated or renewed form under the terms hereof, or (B) the beneficiary of the Letter of Credit
does not accept the proposed amendment, extension, reinstatement or renewal with respect to the Letter of Credit. 
 (d) Expiration
Date. Each Letter of Credit shall have a stated expiration date no later than the earlier of (i) the date twelve months after the date of the issuance of such Letter of Credit (or, in the case of any extension of the expiration date
thereof, whether automatic or by amendment, twelve months after the then-current expiration date of such Letter of Credit) and (ii) the date that is five Business Days prior to the Revolving Credit Maturity Date. 

(e) Participations. By the issuance of a Letter of Credit (or an amendment, extension, renewal or reinstatement with respect to a
Letter of Credit increasing the amount or extending the expiration date thereof), and without any further action on the part of the applicable Issuing Lender or the Lenders, such Issuing Lender hereby grants to each Revolving Credit Lender, and each
Revolving Credit Lender hereby acquires from such Issuing Lender, a participation in such Letter of Credit equal to such Lender’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit. Each Revolving
Credit Lender acknowledges and agrees that its obligation to acquire participations pursuant to this clause (e) in respect of Letters of Credit is absolute, unconditional and irrevocable and shall not be affected by any circumstance
whatsoever, including any amendment, extension, reinstatement or renewal of any Letter of Credit or the occurrence and continuance of a Default or reduction or termination of the Revolving Credit Commitments. 

In consideration and in furtherance of the foregoing, each Revolving Credit Lender hereby absolutely, unconditionally and irrevocably agrees
to pay to the Administrative Agent, for account of the applicable Issuing Lender, such Lender’s Applicable Percentage of each L/C Disbursement made by an Issuing Lender not later than 1:00 p.m. on the Business Day specified in the notice
provided by the Administrative Agent to the Revolving Credit Lenders pursuant to Section 3.1(f) until such L/C Disbursement is reimbursed by the Borrower or at any time after any reimbursement payment is required to be refunded to the
Borrower for any reason, including after the Revolving Credit Maturity Date. Such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each such payment shall be made in the same manner as provided in
Section 2.3 with respect to Revolving Credit Loans
made by such Revolving Credit Lender (and
Section 2.3 shall apply, mutatis mutandis, to the payment obligations of the Revolving Credit Lenders pursuant to this Section 3.1), and the Administrative Agent shall promptly pay to the applicable Issuing
Lender the amounts so received by it from the Lenders. Promptly following receipt by the Administrative Agent of any payment from the Borrower pursuant to Section 3.1(f), the Administrative Agent shall distribute such payment to the
applicable Issuing Lender or, to the extent that the Revolving Credit Lenders have made payments pursuant to this clause (e) to reimburse such Issuing Lender, then to such Lenders and such Issuing Lender as their interests may appear.
Any payment made by a Lender pursuant to this clause (e) to reimburse an Issuing Lender for any L/C Disbursement shall not constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such L/C Disbursement.

 Each Revolving Credit Lender further acknowledges and agrees that its participation in each Letter of Credit will be automatically
adjusted to reflect such Lender’s Applicable Percentage of the aggregate amount available to be drawn under such Letter of Credit at each time such Lender’s Commitment is amended pursuant to the operation of Section 5.13 or
5.16, as a result of an assignment in accordance with Section 12.9 or otherwise pursuant to this Agreement. 

  
 57 

 If any Revolving Credit Lender fails to make available to the Administrative Agent for the
account of the applicable Issuing Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 3.1(e), then, without limiting the other provisions of this Agreement, the applicable Issuing
Lender shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately
available to such Issuing Lender at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the applicable Issuing Lender in accordance with banking industry rules on interbank compensation, plus any administrative,
processing or similar fees customarily charged by such Issuing Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Credit
Loan included in the relevant Revolving Credit Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A certificate of any Issuing Lender submitted to any Revolving Credit Lender (through the Administrative Agent)
with respect to any amounts owing under this clause (e) shall be conclusive absent manifest error. 
 (f) Reimbursement.
If an Issuing Lender shall make any L/C Disbursement in respect of a Letter of Credit, the Borrower shall reimburse such Issuing Lender in respect of such L/C Disbursement by paying to the Administrative Agent an amount equal to such L/C
Disbursement not later than 12:00 noon on (i) the Business Day that the Borrower receives notice of such L/C Disbursement, if such notice is received prior to 10:00 a.m. or (ii) the Business Day immediately following the day that the
Borrower receives such notice, if such notice is not received prior to such time, provided that, the Borrower may, subject to the conditions to borrowing set forth herein, request in accordance with Section 2.2 or
Section 2.3 that such payment be financed with a Revolving Credit Borrowing of Base Rate Loans or Swingline Loan in an equivalent amount and, to the extent so financed, the Borrower’s obligation to make such payment shall be
discharged and replaced by the resulting Revolving Credit Borrowing of Base Rate Loans or Swingline Loan. If the Borrower fails to make such payment when due, the Administrative Agent shall notify each Revolving Credit Lender of the applicable L/C
Disbursement, the payment then due from the Borrower in respect thereof (the “Unreimbursed Amount”) and such Lender’s Applicable Percentage thereof. In such event, the Borrower shall be deemed to have requested a Revolving
Credit Borrowing of Base Rate Loans to be disbursed on the date of payment by the applicable Issuing Lender under a Letter of Credit in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in
Section 2.3 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the aggregate Revolving Credit Commitments and the conditions set forth in Section 6.2 (other than the delivery
of a Committed Loan Notice). Any notice given by any Issuing Lender or the Administrative Agent pursuant to this Section 3.1(f) may be given by telephone if immediately confirmed in writing; provided that the lack of such an
immediate confirmation shall not affect the conclusiveness or binding effect of such notice. 
 (g) Obligations Absolute. The
Borrower’s obligation to reimburse L/C Disbursements as provided in clause (f) of this Section 3.1 shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this
Agreement under any and all circumstances whatsoever and irrespective of: 
 (i) any lack of validity or enforceability of this Agreement,
any other Loan Document or any Letter of Credit, or any term or provision herein or therein; 
 (ii) the existence of any claim,
counterclaim, setoff, defense or other right that the Borrower or any Subsidiary may have at any time against any beneficiary or any transferee of 

  
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 such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting),
any Issuing Lender or any other Person, whether in connection with this Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction; 

(iii) any draft, demand, certificate or other document presented under such Letter of Credit proving to be forged, fraudulent, invalid or
insufficient in any respect or any statement in such draft or other document being untrue or inaccurate in any respect; or any loss or delay in the transmission or otherwise of any document required in order to make a drawing under such Letter of
Credit; 
 (iv) waiver by any Issuing Lender of any requirement that exists for such Issuing Lender’s protection and not the
protection of the Borrower or any waiver by such Issuing Lender which does not in fact materially prejudice the Borrower; 
 (v) honor of a
demand for payment presented electronically even if such Letter of Credit required that demand be in the form of a draft; 
 (vi) any
payment made by any Issuing Lender in respect of an otherwise complying item presented after the date specified as the expiration date of, or the date by which documents must be received under such Letter of Credit if presentation after such date is
authorized by the UCC, the ISP or the UCP, as applicable; 
 (vii) payment by the applicable Issuing Lender under a Letter of Credit
against presentation of a draft or other document that does not comply strictly with the terms of such Letter of Credit; or any payment made by any Issuing Lender under such Letter of Credit to any Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for the benefit of creditors, liquidator, receiver or other representative of or successor to any beneficiary or any transferee of such Letter
of Credit, including any arising in connection with any proceeding under any Debtor Relief Law; or 
 (viii) any other event or
circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section 3.1, constitute a legal or equitable discharge of, or provide a right of setoff against, the Borrower’s
obligations hereunder. 
 The Borrower shall promptly examine a copy of each Letter of Credit and each amendment thereto that is delivered
to it and, in the event of any claim of noncompliance with the Borrower’s instructions or other irregularity, the Borrower will reasonably promptly notify the applicable Issuing Lender. The Borrower shall be conclusively deemed to have waived
any such claim against each Issuing Lender and its correspondents unless such notice is given as aforesaid. 
 None of the Administrative
Agent, the Lenders, any Issuing Lender, or any of their Related Parties shall have any liability or responsibility by reason of or in connection with the issuance or transfer of any Letter of Credit by the applicable Issuing Lender or any payment or
failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), or any error, omission, interruption, loss or delay in transmission or delivery of any draft, notice or other communication
under or relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation of technical terms, any error in translation or any consequence arising from causes beyond the control of the
applicable Issuing Lender; provided that the foregoing shall not be construed to excuse an Issuing Lender from liability to the Borrower to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are
hereby 

  
 59 

 
waived by the Borrower to the extent permitted by Applicable Law) suffered by the Borrower that are caused by such Issuing Lender’s failure to exercise care when determining whether drafts
and other documents presented under a Letter of Credit comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence or willful misconduct on the part of an Issuing Lender (as finally determined by a
court of competent jurisdiction), an Issuing Lender shall be deemed to have exercised care in each such determination, and that: 
 (i) an
Issuing Lender may replace a purportedly lost, stolen, or destroyed original Letter of Credit or missing amendment thereto with a certified true copy marked as such or waive a requirement for its presentation; 

(ii) an Issuing Lender may accept documents that appear on their face to be in substantial compliance with the terms of a Letter of Credit
without responsibility for further investigation, regardless of any notice or information to the contrary, and may make payment upon presentation of documents that appear on their face to be in substantial compliance with the terms of such Letter of
Credit and without regard to any non-documentary condition in such Letter of Credit; 
 (iii) an
Issuing Lender shall have the right, in its sole discretion, to decline to accept such documents and to make such payment if such documents are not in strict compliance with the terms of such Letter of Credit; and 

(iv) this sentence shall establish the standard of care to be exercised by an Issuing Lender when determining whether drafts and other
documents presented under a Letter of Credit comply with the terms thereof (and the parties hereto hereby waive, to the extent permitted by Applicable Law, any standard of care inconsistent with the foregoing). 

Without limiting the foregoing, none of the Administrative Agent, the Lenders, any Issuing Lender, or any of their Related Parties shall have
any liability or responsibility by reason of (i) any presentation that includes forged or fraudulent documents or that is otherwise affected by the fraudulent, bad faith, or illegal conduct of the beneficiary or other Person, (ii) an
Issuing Lender declining to take-up documents and make payment (A) against documents that are fraudulent, forged, or for other reasons by which that it is entitled not to honor or (B) following a
Borrower’s waiver of discrepancies with respect to such documents or request for honor of such documents or (iii) an Issuing Lender retaining proceeds of a Letter of Credit based on an apparently applicable attachment order, blocking
regulation, or third-party claim notified to such Issuing Lender. 
 (h) Applicability of ISP and UCP. Unless otherwise expressly
agreed by the applicable an Issuing Lender and the Borrower when a Letter of Credit is issued by it (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP shall apply to each standby Letter of Credit, and
(ii) the rules of the UCP shall apply to each commercial Letter of Credit. Notwithstanding the foregoing, no Issuing Lender shall be responsible to the Borrower for, and no Issuing Lender’s rights and remedies against the Borrower shall be
impaired by, any action or inaction of any Issuing Lender required or permitted under any law, order, or practice that is required or permitted to be applied to any Letter of Credit or this Agreement, including the Law or any order of a jurisdiction
where any Issuing Lender or the beneficiary is located, the practice stated in the ISP or UCP, as applicable, or in the decisions, opinions, practice statements, or official commentary of the ICC Banking Commission, the Bankers Association for
Finance and Trade – International Financial Services Association (BAFT-IFSA), or the Institute of International Banking Law & Practice, whether or not any Letter of Credit chooses such law or practice. 

  
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 (i) Each Issuing Lender shall act on behalf of the Lenders with respect to any Letters of
Credit issued by it and the documents associated therewith, and each Issuing Lender shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article XI with respect to any acts taken or omissions suffered
by such Issuing Lender in connection with Letters of Credit issued by it or proposed to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as used in Article XI
included such Issuing Lender with respect to such acts or omissions, and (B) as additionally provided herein with respect to such Issuing Lender. 

(j) Letter of Credit Fees. The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in
accordance with its Applicable Revolving Credit Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Margin times the daily amount available to be drawn under such
Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.14. Letter of Credit Fees shall be
(i) due and payable on the last Business Day of each March, June, September and December following the Closing Date, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Revolving Credit Maturity Date
and thereafter on demand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Margin during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied
by the Applicable Margin separately for each period during such quarter that such Applicable Margin was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving Credit Lenders, while any Event
of Default exists, all Letter of Credit Fees shall accrue after giving effect to Section 5.1(b). 
 (k) Fronting Fee and
Documentary and Processing Charges Payable to Issuing Lenders. The Borrower shall pay directly to the applicable Issuing Lender for its own account a fronting fee with respect to each Letter of Credit, at the rate per annum equal to the
percentage separately agreed upon between the Borrower and such Issuing Lender (but not to exceed, in any event, 0.125% per annum), computed on the daily amount available to be drawn under such Letter of Credit on a quarterly basis in arrears. Such
fronting fee shall be due and payable on the last Business Day of each March, June, September and December in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such
date to occur after the issuance of such Letter of Credit, on the Revolving Credit Maturity Date and thereafter on demand. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of
Credit shall be determined in accordance with Section 1.14. In addition, the Borrower shall pay directly to the applicable Issuing Lender for its own account the customary issuance, presentation, amendment and other processing fees, and
other standard costs and charges, of such Issuing Lender relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable.] 

(l) Disbursement Procedures. The Issuing Lender for any Letter of Credit shall, within the time allowed by Applicable Laws or the
specific terms of the Letter of Credit following its receipt thereof, examine all documents purporting to represent a demand for payment under such Letter of Credit. Such Issuing Lender shall promptly after such examination notify the Administrative
Agent and the Borrower in writing of such demand for payment if such Issuing Lender has made or will make an L/C Disbursement thereunder; provided that any failure to give or delay in giving such notice shall not relieve the Borrower of its
obligation to reimburse such Issuing Lender and the Lenders with respect to any such L/C Disbursement. 
 (m) Interim Interest. If
the Issuing Lender for any Letter of Credit shall make any L/C Disbursement, then, unless the Borrower shall reimburse such L/C Disbursement in full on the date 

  
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such L/C Disbursement is made, the unpaid amount thereof shall bear interest, for each day from and including the date such L/C Disbursement is made to but excluding the date that the Borrower
reimburses such L/C Disbursement, at the rate per annum then applicable to Base Rate Loans; provided that if the Borrower fails to reimburse such L/C Disbursement when due pursuant to clause (f) of this Section 3.1,
then Section 5.1(b) shall apply. Interest accrued pursuant to this clause (m) shall be for account of such Issuing Lender, except that interest accrued on and after the date of payment by any Lender pursuant to clause
(f) of this Section 3.1 to reimburse such Issuing Lender shall be for account of such Lender to the extent of such payment. 

(n) Replacement of any Issuing Lender. Any Issuing Lender may be replaced at any time by written agreement between the Borrower, the
Administrative Agent, the replaced Issuing Lender `and the successor Issuing Lender. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Lender. At the time any such replacement shall become effective, the
Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Lender pursuant to Section 3.1(j). From and after the effective date of any such replacement, (i) the successor Issuing Lender shall have all the
rights and obligations of an Issuing Lender under this Agreement with respect to Letters of Credit to be issued by it thereafter and (ii) references herein to the term “Issuing Lender” shall be deemed to include such successor or any
previous Issuing Lender, or such successor and all previous Issuing Lender, as the context shall require. After the replacement of an Issuing Lender hereunder, the replaced Issuing Lender shall remain a party hereto and shall continue to have all
the rights and obligations of an Issuing Lender under this Agreement with respect to Letters of Credit issued by it prior to such replacement, but shall not be required to issue additional Letters of Credit. 

(o) Letters of Credit Issued for Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support
of any obligations of, or is for the account of, a Subsidiary, the Borrower shall be obligated to reimburse, indemnify and compensate the applicable Issuing Lender hereunder for any and all drawings under such Letter of Credit as if such Letter of
Credit had been issued solely for the account of the Borrower. The Borrower irrevocably waives any and all defenses that might otherwise be available to it as a guarantor or surety of any or all of the obligations of such Subsidiary in respect of
such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of Subsidiaries inures to the benefit of the Borrower, and that the Borrower’s business derives substantial benefits from the
businesses of such Subsidiaries. 
 (p) Conflict with Issuer Documents. In the event of any conflict between the terms hereof and
the terms of any Issuer Document, the terms hereof shall control. 
 (q) Issuing Lender Reports to the Administrative Agent. Unless
otherwise agreed by the Administrative Agent, each Issuing Lender shall, in addition to its notification obligations set forth elsewhere in this Section 3.1, provide the Administrative Agent a Letter of Credit Report (“Letter of
Credit Report”), as set forth below: 
 (i) reasonably prior to the time that such Issuing Lender issues, amends, renews,
increases or extends a Letter of Credit, the date of such issuance, amendment, renewal, increase or extension and the stated amount of the applicable Letters of Credit after giving effect to such issuance, amendment, renewal or extension (and
whether the amounts thereof shall have changed); 
 (ii) on each Business Day on which such Issuing Lender makes a payment pursuant to a
Letter of Credit, the date and amount of such payment; 

  
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 (iii) on any Business Day on which the Borrower fails to reimburse a payment made pursuant
to a Letter of Credit required to be reimbursed to such Issuing Lender on such day, the date of such failure and the amount of such payment; 

(iv) on any other Business Day, such other information as the Administrative Agent shall reasonably request as to the Letters of Credit
issued by such Issuing Lender; and 
 (v) for so long as any Letter of Credit issued by an Issuing Lender is outstanding, such Issuing
Lender shall deliver to the Administrative Agent (A) on the last Business Day of each calendar month, (B) at all other times a Letter of Credit Report is required to be delivered pursuant to this Agreement, and (C) on each date that
(1) an L/C Credit Extension occurs or (2) there is any expiration, cancellation and/or disbursement, in each case, with respect to any such Letter of Credit, a Letter of Credit Report appropriately completed with the information for every
outstanding Letter of Credit issued by such Issuing Lender. 
 ARTICLE IV 

TERM LOAN
FACILITY 

Section
4.1 [Reserved]. 

Section
4.2 [Reserved]. 

Section 
4.3 Repayment of Term Loans. The Borrower shall repay the
Amendment No. 1 Term Loans on the last Business Day of each of March, June, September and December commencing on the fiscal quarter ended on December 31, 2022 in a principal amount equal to the product of (x) the aggregate principal
amount of Amendment No. 1 Term Loans funded as of the Amendment No. 1 Effective Date times (y) the percentage set forth opposite the last Business Day of the relevant quarter below, except as the amounts of individual installments may
be adjusted pursuant to Section 4.4 hereof: 
  

			
	
Fiscal Quarter
ending
	  	Amendment No. 1 Term 
Loan
Principal Amortization
Payment 
Percentage
	 December 31, 2022
through September 30, 2023
	  	0.625%
	 December 31, 2023
through September 30, 2024
	  	0.625%
	 December 31, 2024
through September 30, 2025
	  	1.250%
	 December 31, 2025
through September 30, 2026
	  	1.875%
	 December 31, 2026
through September 30, 2027
	  	1.875%
	 Amendment No. 1
Term Loan Maturity Date
	  	balance payable

If not sooner paid, such
Amendment No. 1 Term Loans shall be paid in full, together with accrued interest thereon, on the Amendment No. 1 Term Loan Maturity Date. The Borrower shall repay any Amendment No. 1 Term Loans as determined pursuant to, and in
accordance with, Section 5.13. 

  
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Section 
4.4 Prepayments of Term Loans. 

(a)
 [Reserved].

(b)
 Mandatory Prepayments. 

(i)
 Debt Issuances. The Borrower shall make mandatory principal
prepayments of the Term Loans in the manner set forth in clause (iv) below in an amount equal to one hundred percent (100%) of the aggregate Net Cash Proceeds from any Debt Issuance. Such prepayment shall be made within three (3) Business
Days after the date of receipt of the Net Cash Proceeds of any such Debt Issuance. 

(ii)
 Asset Dispositions and Insurance and Condemnation Events. The
Borrower shall make mandatory principal prepayments of the Term Loans in the manner set forth in clause (iv) below in amounts equal to one hundred percent (100%) of the aggregate Net Cash Proceeds from any Asset Disposition by any Credit Party
(other than any Asset Disposition permitted pursuant to, and in accordance with, clauses (a) through (k) of Section 9.5), to the extent that the aggregate amount of such Net Cash Proceeds exceed $10,000,000 per Asset Disposition (or series
of related transactions) or if the Net Cash Proceeds from such Asset Disposition, when taken together with the Net Cash Proceeds from all other Asset Dispositions by Credit Parties (other than any Asset Disposition permitted pursuant to, and in
accordance with, clauses (a) through (k) of Section 9.5) effectuated during such Fiscal Year, exceed $25,000,000 in the aggregate. Such prepayments shall be made within five (5) Business Days after the date of receipt of the Net Cash
Proceeds; provided that, so long as no Event of Default has occurred and is continuing, no prepayment shall be required under this Section 4.4(b)(ii) with respect to such portion of such Net Cash Proceeds that the Borrower shall have, on or
prior to such date given written notice to the Administrative Agent of its intent to reinvest in accordance with Section 4.4(b)(iii); provided further that, with respect to any Net Cash Proceeds from any such Asset Disposition, the Borrower may
prepay Term Loans and prepay or purchase any Incremental Equivalent Debt that is secured by the Collateral on a pari passu basis (at a purchase price no greater than par plus accrued and unpaid interest), to the extent required thereby, on a
pro rata basis in accordance with the respective outstanding principal amounts of the Term Loans and such Incremental Equivalent Debt as of the time of the applicable Asset Disposition.

(iii)
 Reinvestment Option. With respect to any Net Cash Proceeds realized
or received with respect to any Asset Disposition by any Credit Party (other than any Asset Disposition permitted pursuant to, and in accordance with, clauses (a) through (k) of Section 9.5), at the option of the Borrower, the Credit
Parties may reinvest (or commit to reinvest) all or any portion of such Net Cash Proceeds in assets used or useful for the business of the Credit Parties within eighteen (18) months following receipt of such Net Cash Proceeds (or if committed
to be reinvested within such eighteen-month period, actually reinvested no later than 180 days after the making of such commitment); provided that if any Net Cash Proceeds have not been so reinvested by the end of such
18-month (or, if applicable 180-day) period, an amount equal to any such Net Cash Proceeds shall be applied within five (5) Business Days to the prepayment of the
Term Loans as set forth in this Section 4.4(b); provided further that if such Net Cash Proceeds are reinvested in assets under construction, such reinvestment shall be deemed to occur in full on the date of commencement of the
construction. 
 (iv) Notice; Manner of Payment. Upon the occurrence of any event triggering the prepayment requirement under clause (i), (ii) or
(iii) above, the Borrower shall promptly deliver a Notice of Prepayment
to the Administrative Agent and upon receipt of such notice, the Administrative Agent shall promptly
so notify the Lenders. Each prepayment of the Term Loans under this Section shall be applied among each
Class of Term Loans (unless otherwise agreed by the applicable Incremental Lenders) to reduce the remaining scheduled principal installments of each Class of Term Loans ratably among such installments. 

  
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(v)
 Prepayment of Term SOFR Loans. Each prepayment of Term Loans that are
Term SOFR Loans shall be accompanied by any amount required to be paid pursuant to Section 5.9; provided that, so long as no Default or Event of Default shall have occurred and be continuing, if any prepayment of Term SOFR Loans is required to
be made under this Section 4.4(b) prior to the last day of the Interest Period therefor, in lieu of making any payment pursuant to this Section 4.4(b) in respect of any such Term SOFR Loan prior to the last day of the Interest Period
therefor, the Borrower may, in its sole discretion, deposit an amount sufficient to make any such prepayment otherwise required to be made thereunder together with accrued interest to the last day of such Interest Period into an account held at, and
subject to the sole control of, the Administrative Agent until the last day of such Interest Period, at which time the Administrative Agent shall be authorized (without any further action by or notice to or from the Borrower or any other Credit
Party) to apply such amount to the prepayment of such Term Loans in accordance with this Section 4.4(b). Upon the occurrence and during the continuance of any Default or Event of Default, the Administrative Agent shall also be authorized
(without any further action by or notice to or from the Borrower or any other Credit Party) to apply such amount to the prepayment of the outstanding Term Loans in accordance with the relevant provisions of this Section 4.4(b). 

(vi)
 No Reborrowings. Amounts prepaid under the Term Loans pursuant to
this Section may not be reborrowed. 
 ARTICLE V 

GENERAL LOAN PROVISIONS 

Section 5.1 Interest. 

(a) Interest Rate Options. Subject to the provisions of this Section, at the election of the Borrower, (i) Revolving Credit Loans and the Amendment No. 1 Term Loans shall bear interest at (A) the Base
Rate plus the Applicable Margin or (B) the
LIBOR 
RateTerm SOFR plus the Applicable Margin
(provided that the LIBOR
RateTerm SOFR shall not be available until three
(3) Business Days after the
ClosingAmendment
 No. 1 Effective Date unless the Borrower has delivered to the Administrative Agent a letter in form and substance reasonably satisfactory to the Administrative Agent indemnifying the Lenders in
the manner set forth in Section 5.9 of this Agreement) and (ii) any Swingline Loan shall bear interest at the Base Rate plus the Applicable Margin. The Borrower shall select the rate of interest and Interest Period, if any,
applicable to any Loan at the time a Notice of Borrowing is given or at the time a Notice of Conversion/Continuation is given pursuant to Section 5.2. 

(b) Default Rate. Subject to Section 10.3, (i) immediately upon the occurrence and during the continuance of a Specified Event
of Default or (ii) at the election of the Required Lenders (or the Administrative Agent at the direction of the Required Lenders), upon the occurrence and during the continuance of any other Event of Default, (A) the Borrower shall no longer have
the option to request LIBOR
RateTerm SOFR Loans, Swingline Loans or Letters of
Credit, (B) all outstanding LIBOR
RateTerm SOFR Loans shall bear interest at a rate
per annum of two percent (2%) in excess of the rate (including the Applicable Margin) then applicable to LIBOR RateTerm SOFR Loans until the end of the applicable Interest Period and
thereafter at a rate equal to two percent (2%) in excess of the rate (including the Applicable Margin) then applicable to Base Rate Loans, (C) all outstanding Base Rate Loans and other Obligations arising hereunder or under any other Loan Document
shall bear interest at a rate per annum equal to two percent (2%) in excess of the rate (including the Applicable Margin) then applicable to Base Rate Loans or such other Obligations arising hereunder or under any other Loan

  
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 Document and (D) all accrued and unpaid interest shall be due and payable on demand of the
Administrative Agent. Interest shall continue to accrue on the Obligations after the filing by or against the Borrower of any petition seeking any relief in bankruptcy or under any Debtor Relief Law. 

(c) Interest Payment and Computation. Interest on each Base Rate Loan shall be due and payable in arrears on the last Business Day of
each March, June, September and December; and interest on each LIBOR
RateTerm SOFR Loan shall be due and payable on the
last day of each Interest Period applicable thereto, and if such Interest Period extends over three (3) months, at the end of each three (3) month interval during such Interest Period. All computations of interest for Base Rate Loans
when the Base Rate is determined by the Prime Rate shall be
made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest provided hereunder shall be made on the basis of a 360-day year and
actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365/366-day year). 

(d) Maximum Rate. In no contingency or event whatsoever shall the aggregate of all amounts deemed interest under this Agreement
charged or collected pursuant to the terms of this Agreement exceed the highest rate permissible under any Applicable Law which a court of competent jurisdiction shall, in a final determination, deem applicable hereto. In the event that such a court
determines that the Lenders have charged or received interest hereunder in excess of the highest applicable rate, the rate in effect hereunder shall automatically be reduced to the maximum rate permitted by Applicable Law and the Lenders shall at
the Administrative Agent’s option (i) promptly refund to the Borrower any interest received by the Lenders in excess of the maximum lawful rate or (ii) apply such excess to the principal balance of the Obligations. It is the intent
hereof that the Borrower not pay or contract to pay, and that neither the Administrative Agent nor any Lender receive or contract to receive, directly or indirectly in any manner whatsoever, interest in excess of that which may be paid by the
Borrower under Applicable Law. 
 Section 5.2 Notice and Manner of Conversion or Continuation of Loans. Provided that no Default
or Event of Default has occurred and is then continuing, the Borrower shall have the option to (a) convert at any time following the third (3rd) Business Day after the Closing Date all or any portion of any outstanding Base Rate Loans (other
than Swingline Loans) in a principal amount equal to $1,000,000 or any whole multiple of $100,000 in excess thereof into one or more LIBOR RateTerm SOFR Loans and (b) upon the expiration of any Interest Period,
(i) convert all or any part of its outstanding LIBOR
RateTerm SOFR Loans in a principal amount equal to
$1,000,000 or a whole multiple of $100,000 in excess thereof into Base Rate Loans (other than Swingline Loans) or (ii) continue such LIBOR
RateTerm SOFR Loans as LIBOR RateTerm
SOFR Loans. Whenever the Borrower desires to convert or continue Loans as provided above, the Borrower shall give the Administrative Agent irrevocable prior written notice in the form attached as
Exhibit E (a “Notice of Conversion/Continuation”) not later than 11:00 a.m. three (3) Business Days before the day on which a proposed conversion or continuation of such Loan is to be effective specifying (A) the
Loans to be converted or continued, and, in the case of any LIBOR
RateTerm SOFR Loan to be converted or continued,
the last day of the Interest Period therefor, (B) the effective date of such conversion or continuation (which shall be a Business Day), (C) the principal amount of such Loans to be converted or continued, and (D) the Interest Period to be
applicable to such converted or continued LIBOR
RateTerm SOFR Loan. If the Borrower fails to give
a timely Notice of Conversion/Continuation prior to the end of the Interest Period for any LIBOR RateTerm SOFR Loan, then the applicable LIBOR RateTerm
SOFR Loan shall be converted to a Base Rate Loan. Any such automatic conversion to a Base Rate Loan shall be effective as of the last day of the Interest Period then in effect with respect to the
applicable LIBOR
RateTerm SOFR Loan. If the Borrower requests a
conversion to, or continuation of, LIBOR
RateTerm SOFR Loans, but fails to specify an
Interest Period, it will be deemed to have specified an Interest Period of one (1) month. Notwithstanding anything to the contrary herein, a Swingline Loan may not be converted to a LIBOR RateTerm
SOFR Loan. The Administrative Agent shall promptly notify the affected Lenders of such Notice of Conversion/Continuation. 

  
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 Section 5.3 Fees. 

(a) Commitment Fee. Commencing on the Closing Date, subject to Section 5.15(a)(iii)(A), the Borrower shall pay to the
Administrative Agent, for the account of the Revolving Credit Lenders, a non-refundable commitment fee (the “Commitment Fee”) at a rate per annum equal to the applicable amount for
Commitment Fees as set forth in the definition of Applicable Margin on the daily unused portion of the Revolving Credit Commitment of the Revolving Credit Lenders (other than the Defaulting Lenders, if any); provided that the amount of
outstanding Swingline Loans shall not be considered usage of the Revolving Credit Commitment for the purpose of calculating the Commitment Fee. The Commitment Fee shall be payable in arrears on the last Business Day of each March, June, September
and December during the term of this Agreement and ending on the date upon which all Obligations (other than contingent indemnification obligations not then due) arising under the Revolving Credit Facility shall have been indefeasibly and
irrevocably paid and satisfied in full, all Letters of Credit have been terminated or expired (or been Cash Collateralized) and the Revolving Credit Commitment has been terminated. The Commitment Fee shall be distributed by the Administrative Agent
to the Revolving Credit Lenders (other than any Defaulting Lender) pro rata in accordance with such Revolving Credit Lenders’ respective Revolving Credit Commitment Percentages. 

(b) [Reserved.] 
 (c)
[Reserved.] 
 (d) Other Fees. The Borrower shall pay to each Arranger and the Administrative Agent for their own respective
accounts fees in the amounts and at the times as shall have been separately agreed upon in writing. The Borrower shall pay to the Lenders such fees as shall have been separately agreed upon in writing in the amounts and at the times so specified.

 Section 5.4 Manner of Payment. Each payment by the Borrower on account of the principal of or interest on the Loans or of any
fee, commission or other amounts (including the Reimbursement Obligation) payable to the Lenders under this Agreement shall be made not later than 1:00 p.m. on the date specified for payment under this Agreement to the Administrative Agent at the
Administrative Agent’s Office for the account of the Lenders entitled to such payment in Dollars, in immediately available funds and shall be made without any setoff, counterclaim or deduction whatsoever. Any payment received after such time
but before 2:00 p.m. on such day shall be deemed a payment on such date for the purposes of Section 10.1, but for all other purposes shall be deemed to have been made on the next succeeding Business Day. Any payment received after 2:00
p.m. shall be deemed to have been made on the next succeeding Business Day for all purposes. Upon receipt by the Administrative Agent of each such payment, the Administrative Agent shall distribute to each such Lender at its address for notices set
forth herein its Commitment Percentage in respect of the relevant Credit Facility (or other applicable share as provided herein) of such payment and shall wire advice of the amount of such credit to each Lender. Each payment to the Administrative
Agent on account of the principal of or interest on the Swingline Loans or of any fee, commission or other amounts payable to the Swingline Lender shall be made in like manner, but for the account of the Swingline Lender. Each payment to the
Administrative Agent of any Issuing Lender’s fees or L/C Participants’ commissions shall be made in like manner, but for the account of such Issuing Lender or the L/C Participants, as the case may be. Each payment to the Administrative
Agent of Administrative Agent’s fees or expenses shall be made for the account of the Administrative Agent and any amount payable to any Lender under Sections 5.9, 5.10, 5.11 or 12.3 shall be paid to the
Administrative Agent for the account of the applicable Lender. Subject 

  
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to the definition of Interest Period, if any payment under this Agreement shall be specified to be made upon a day which is not a Business Day, it shall be made on the next succeeding day which
is a Business Day and such extension of time shall in such case be included in computing any interest if payable along with such payment. Notwithstanding the foregoing, if there exists a Defaulting Lender each payment by the Borrower to such
Defaulting Lender hereunder shall be applied in accordance with Section 5.15(a)(ii). 
 Section 5.5 Evidence of
Indebtedness. 
 (a) Extensions of Credit. The Extensions of Credit made by each Lender and each Issuing Lender shall be
evidenced by one or more accounts or records maintained by such Lender or such Issuing Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender or the
applicable Issuing Lender shall be conclusive absent manifest error of the amount of the Extensions of Credit made by the Lenders or such Issuing Lender to the Borrower and its Subsidiaries and the interest and payments thereon. Any failure to so
record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained
by any Lender or any Issuing Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any
Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Credit
Note, Term Loan Note and/or Swingline Note, as applicable, which
shall evidence such Lender’s Revolving Credit Loans, Term Loans and/or Swingline Loans, as applicable, in addition to such accounts or records. Each Lender may attach schedules to its Notes and endorse thereon the date, amount and maturity of its Loans and payments with
respect thereto. 
 (b) Participations. In addition to the accounts and records referred to in subsection (a), each
Revolving Credit Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Revolving Credit Lender of participations in Letters of Credit and Swingline
Loans. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Revolving Credit Lender in respect of such matters, the accounts and records of the Administrative Agent
shall control in the absence of manifest error. 
 Section 5.6 Sharing of Payments by Lenders. If any Lender shall, by
exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of its Loans or other obligations hereunder resulting in such Lender’s receiving payment of a proportion of the
aggregate amount of its Loans and accrued interest thereon or other such obligations (other than pursuant to Sections 5.9, 5.10, 5.11 or 12.3) greater than its pro rata share thereof as provided herein, then the
Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans and such other obligations of the other Lenders, or make such other
adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them;
provided that: 
 (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such
participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and 
 (ii) the
provisions of this paragraph shall not be construed to apply to (A) any payment made by the Borrower pursuant to and in accordance with the express terms of this 

  
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 Agreement (including the application of funds arising from the existence of a Defaulting Lender and
including assignments pursuant to Section 12.9(h)), (B) the application of Cash Collateral provided for in Section 5.14 or (C) any payment obtained by a Lender as consideration for the assignment of, or sale of, a
participation in any of its Loans or participations in Swingline Loans and Letters of Credit to any assignee or participant. 
 Each Credit Party consents
to the foregoing and agrees, to the extent it may effectively do so under Applicable Law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against each Credit Party rights of setoff and counterclaim with
respect to such participation as fully as if such Lender were a direct creditor of each Credit Party in the amount of such participation. 
 For purposes of
clause (b)(i) of the definition of “Excluded Taxes,” a participation acquired pursuant to this Section 5.6 shall be treated as having been acquired on the earlier date(s) on which the applicable Lender acquired the
applicable interest in the Commitment(s) or Loan(s) to which such participation relates. 
 Section 5.7 Administrative Agent’s
Clawback. 
 (a) Funding by Lenders; Presumption by Administrative Agent. Unless the Administrative Agent shall have received
notice from a Lender (i) in the case of Base Rate Loans, not later than 12:00 noon on the date of any proposed borrowing and (ii) otherwise, prior to the proposed date of any borrowing that such Lender will not make available to the
Administrative Agent such Lender’s share of such borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with Section 2.3(b) and may, in reliance upon such assumption,
make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable borrowing available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to
the Administrative Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at
(A) in the case of a payment to be made by such Lender, the greater of the daily average Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation and (B) in
the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans. If the Borrower and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent
shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the applicable borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s
Loan included in such borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent. 

(b) Payments by the Borrower; Presumptions by Administrative Agent. Unless the Administrative Agent shall have received notice from
the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders, the Issuing Lenders or the Swingline Lender hereunder that the Borrower will not make such payment, the Administrative Agent may
assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders, the Issuing Lender or the Swingline Lender, as the case may be, the amount due. In such event,
if the Borrower has not in fact made such payment, then each of the Lenders, the Issuing Lenders or the Swingline Lender, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such
Lender, Issuing Lenders or the Swingline Lender, with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the 

  
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 greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with
banking industry rules on interbank compensation. With respect to any payment that the Administrative Agent makes for the account of the Lenders or any Issuing Lender hereunder as to which the Administrative Agent determines (which determination
shall be conclusive absent manifest error) that any of the following applies (such payment referred to as the “Rescindable Amount”) : (1) the Borrower has not in fact made such payment; (2) the Administrative Agent has made a
payment in excess of the amount so paid by the Borrower (whether or not then owed); or (3) the Administrative Agent has for any reason otherwise erroneously made such payment; then each of the Lenders or the applicable Issuing Lenders as the
case may be, severally agrees to repay to the Administrative Agent forthwith on demand the Rescindable Amount so distributed to such Lender or such Issuing Lender, in immediately available funds with interest thereon, for each day from and including
the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on
interbank compensation. A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount owing under this clause (b) shall be conclusive, absent manifest error. 

(c) Nature of Obligations of Lenders. The obligations of the Lenders under this Agreement to make the Loans, to issue or participate
in Letters of Credit and to make payments under this Section, Section 11.12, Section 12.3(c) or Section 12.7, as applicable, are several and are not joint or joint and several. The failure of any Lender to make
available its Commitment Percentage of any Loan requested by the Borrower shall not relieve it or any other Lender of its obligation, if any, hereunder to make its Commitment Percentage of such Loan available on the borrowing date, but no Lender
shall be responsible for the failure of any other Lender to make its Commitment Percentage of such Loan available on the borrowing date. 

Section 5.8 Changed Circumstances. 

(a)
 [reserved].

(b)
 [reserved].

 (a) Circumstances Affecting LIBOR Rate Availability. Subject to clause
(c) below, in connection with any request for a LIBOR Rate Loan or a conversion to or continuation thereof, if for any reason (i) the Administrative Agent shall
determine (which determination shall be conclusive and binding absent manifest error) that Dollar deposits are not being offered to banks in the London interbank Eurodollar market for the applicable amount and Interest
Period of such Loan, (ii) the Administrative Agent shall determine (which determination shall be conclusive and binding absent manifest error) that reasonable and adequate means do not exist for the ascertaining the LIBOR Rate for such Interest
Period with respect to a proposed LIBOR Rate Loan or
(iii) the Required Lenders shall determine (which determination shall be conclusive and binding absent manifest error) that the LIBOR Rate does not adequately
and fairly reflect the cost to such Lenders of making or maintaining such Loans during such Interest Period, then the Administrative Agent shall
promptly give notice thereof to the Borrower. Thereafter, until the Administrative Agent notifies the Borrower that such circumstances no longer exist (it being understood that the Administrative Agent shall give such notice promptly after such
circumstances no longer exist), the obligation of the
Lenders to make LIBOR Rate Loans and the right of the Borrower to convert any Loan to or continue any Loan as a LIBOR Rate Loan shall be suspended, and
the Borrower shall either (A) repay in full (or cause to be repaid in full) the then outstanding principal amount of each such LIBOR Rate Loan together with accrued interest thereon (subject to Section 5.1(d)), on
the last day of the then current Interest Period applicable to such LIBOR Rate Loan; or (B) convert the then outstanding principal amount of each such LIBOR Rate Loan to a Base Rate Loan as of the last day of such Interest
Period. 

  
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(b)
Laws Affecting LIBOR Rate Availability. If, after the date hereof, the introduction of, or any change in, any Applicable Law or any
change in the interpretation or administration thereof by any Governmental Authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by any of the Lenders (or any of their respective
Lending Offices) with any request or directive (whether or not having the force of law) of any such Governmental Authority, central bank or comparable agency, shall make it unlawful or impossible for any of the Lenders (or any of their respective
Lending Offices) to honor its obligations hereunder to make or maintain any LIBOR Rate Loan, such Lender shall promptly give notice thereof to the
Administrative Agent and the Administrative Agent shall promptly give notice thereof to the Borrower and the other Lenders. Thereafter, until the
Administrative Agent notifies the Borrower that such circumstances no longer exist (it being understood that the Administrative Agent shall give such notice promptly after such circumstances no longer exist), (i) the obligations of the Lenders to
make LIBOR Rate Loans, and the right of the Borrower to convert any Loan to a LIBOR Rate Loan or continue any Loan as a LIBOR Rate Loan shall be suspended and thereafter the Borrower may select only Base Rate Loans and (ii) if any of the
Lenders may not lawfully continue to maintain a LIBOR Rate Loan to the end of the then current Interest Period applicable thereto, the applicable Loan shall immediately be converted to a Base Rate Loan for the remainder of such Interest
Period. 
 (c) Inability to Determine Rates. Notwithstanding
anything to the contrary herein or in any other Loan Document: 

(i)
 If in connection with any request for a
Term SOFR Loan or a conversion of Base Rate Loans to Term SOFR Loans or a continuation of any of such Loans,
as applicable, (i) the Administrative Agent determines (which determination shall be conclusive
absent manifest error) that (A) no Successor Rate has been determined in accordance with Section 5.8(c)(ii), and the circumstances under clause (i) of Section 5.8(c)(ii) or the Scheduled Unavailability Date has
occurred, or (B) adequate and reasonable means do not otherwise exist for determining Term SOFR for any requested
Interest
Period with respect to a proposed Term SOFR Loan or in connection with an existing or proposed Base Rate Loan, or (ii) the Administrative Agent or the
Required Lenders determine that for any reason that Term SOFR for any requested Interest Period with respect to a proposed Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, the Administrative Agent will promptly so notify the Borrower and each Lender. 

(A)
 Thereafter, (x) the obligation of the Lenders to make or maintain Term SOFR Loans, or to convert Base Rate Loans to Term SOFR Loans, shall be suspended (to the extent of the
affected Term SOFR Loans or Interest Periods), and (y) in the event of a determination described in the preceding sentence with respect to the Term SOFR component of the Base Rate, the utilization of the Term SOFR component in determining the
Base Rate shall be suspended, in each case until the Administrative Agent (or, in the case of a determination by the Required Lenders described in clause (ii) of this Section 5.8(c), until the Administrative Agent upon instruction of the
Required Lenders) revokes such notice. 
 (B) Upon receipt of such notice, (i) the Borrower may revoke any
pending request for a Borrowing of, or conversion to, or continuation of Term SOFR Loans (to the extent of
the affected Term SOFR Loans or Interest Periods) or, failing that,
will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount specified therein and (ii) any outstanding Term SOFR Loans shall be deemed to
have been converted to Base Rate Loans immediately at the end of their respective applicable Interest Period. 

  
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(ii)
 Replacement of Term SOFR or Successor Rate. Notwithstanding anything
to the contrary in this Agreement or any other Loan Documents, if the Administrative Agent determines
(which determination shall be conclusive
absent manifest error), or the Borrower or Required Lenders notify the Administrative Agent (with, in the
case of the Required Lenders, a copy to the Borrower) that the Borrower or Required Lenders (as applicable) have determined, that: 

(A)
 adequate and reasonable means do not exist for
ascertaining one month, three month and six month interest periods of Term SOFR, including, without limitation, because the Term SOFR Screen Rate is not available or published on a current basis and such circumstances are unlikely to be temporary;
or 
 (B) CME or any successor administrator of the Term SOFR Screen Rate or a Governmental Authority having jurisdiction over the
Administrative Agent or such administrator with respect to its publication of Term SOFR, in each case acting in such capacity, has made a public statement identifying a specific date after which one month, three month and six month interest periods
of Term SOFR or the Term SOFR Screen Rate shall or will no
longer be made available, or permitted to be used for determining the interest rate of
U.S. dollar denominated syndicated loans, or shall or will otherwise cease, provided that, at the time of such statement, there is no successor administrator
that is satisfactory to the Administrative Agent, that will continue to provide such interest periods of
Term SOFR after such specific date (the latest date on which one month, three month and six month interest periods of Term SOFR or the Term SOFR Screen Rate are no longer available permanently or indefinitely, the “Scheduled Unavailability
Date”); 

(i) On March 5, 2021 the Financial Conduct Authority (“FCA”), the regulatory supervisor of LIBOR’s administrator
(“IBA”), announced in a public statement the future cessation or loss of representativeness of overnight/Spot Next, 1-week, 1-month, 2-month, 3-month, 6-month and 12- month U.S. dollar LIBOR tenor settings. On the earliest of
(A) the date that all Available Tenors of U.S dollar LIBOR have permanently or indefinitely ceased to be provided by IBA or have been announced by the FCA pursuant to public statement or publication of information to be no longer
representative, (B) June 30, 2023 and (C) the Early Opt-in Effective Date in respect of a SOFR Early Opt-in, if the then-current Benchmark is LIBOR, the
Benchmark Replacement will replace such Benchmark for all purposes
then, on a date and time determined by the Administrative Agent (any such date, the “Term SOFR Replacement
Date”), which date shall be at the end of an Interest
Period or on the relevant interest payment date, as applicable, for interest calculated and, solely with
respect to clause (ii) above, no later than the Scheduled Unavailability Date, Term SOFR will be replaced hereunder and under any Loan Document in respect of any setting of such Benchmark on such day and all subsequent settings
with Daily Simple SOFR plus the SOFR Adjustment for any payment period for interest calculated that can
be determined by the Administrative Agent, in each case, without any amendment to, or further action or consent
of any other party to, this Agreement or any other Loan
Document.
(the “Successor Rate”). 

If the Benchmark ReplacementSuccessor Rate is Daily Simple SOFR plus the SOFR Adjustment, all interest payments will be payable on a
quarterly basis. 

Notwithstanding
 anything to the contrary herein, (i) if the Administrative Agent determines that Daily Simple SOFR is not available on or prior to the Term SOFR Replacement Date, or (ii) if the events or circumstances of the type described in
Section 5.8(c)(i) or (ii) have occurred with respect to the Successor Rate then in effect, then in each case, the Administrative Agent and the Borrower may amend 

  
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this Agreement solely for the
purpose of replacing Term SOFR or any then current Successor Rate in accordance with this Section 5.8 at the end of any Interest Period, relevant interest payment date or payment period for interest calculated, as applicable, with an alternative benchmark rate giving due consideration to any evolving or then existing convention for
similar U.S. dollar denominated credit facilities syndicated and agented in the United States for such alternative benchmark. and, in each case, including any mathematical or other adjustments to such benchmark giving due consideration to any
evolving or then existing convention for similar U.S. dollar denominated credit facilities syndicated and agented in the United States for such benchmark, which adjustment or method for calculating such adjustment shall be published on an
information service as selected by the Administrative Agent from time to time in its reasonable discretion and may be periodically updated. For the avoidance of doubt, any such proposed rate and adjustments, shall constitute a “Successor
Rate”. Any such amendment shall become effective at 5:00 p.m. on the fifth Business Day after the Administrative Agent shall have posted such proposed amendment to all Lenders and the Borrower unless, prior to such time, Lenders comprising the
Required Lenders have delivered to the Administrative Agent written notice that such Required Lenders object to such amendment. 

The
Administrative Agent will promptly (in one or more notices) notify the Borrower and each Lender of
the implementation of any Successor Rate. 

Any
Successor Rate shall be applied in a manner consistent with
market practice; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such Successor Rate shall be applied in a manner as otherwise reasonably determined by the Administrative Agent. 

Notwithstanding
 anything else herein, if at any time any Successor Rate as so determined would otherwise be less than zero, the Successor Rate will be deemed to be
zero for the purposes of this Agreement and the other Loan Documents.

  

	 	(ii)	 (x) Upon (A) the occurrence of a Benchmark
Transition Event or (B) a determination by the Administrative Agent that neither of the alternatives under clause (1) of the definition of Benchmark
Replacement are available, the Benchmark Replacement will replace the then-current Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. on the fifth (5th) Business Day after the
date notice of such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party to,
this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark
Replacement from Lenders comprising the Required Lenders (and any such objection shall be conclusive and binding absent manifest error); provided that solely in the event that the then-current Benchmark at the time of such Benchmark Transition Event
is not a SOFR-based rate, the Benchmark Replacement therefor shall be determined in accordance with clause (1) of the definition of Benchmark
Replacement unless the Administrative Agent determines that neither of such alternative rates is available. 

(y) On the Early Opt-in Effective Date in respect of an Other Rate Early Opt-in, the Benchmark
Replacement will replace LIBOR for all purposes hereunder and under any Loan Document in respect of any setting of 

  
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 such
Benchmark on such day and all subsequent settings without any amendment to, or further action or consent of any other party to this Agreement or any other Loan Document. 

(z) To the extent administratively and operationally
feasible, the Administrative Agent shall use commercially reasonable efforts to ensure that any Benchmark Replacement and any Benchmark Replacement Conforming Changes shall meet the standards set forth in Proposed
Section 1.1001-6 of the United States Treasury Regulations (or any successor or final version of such regulation) so as not to be treated as a “modification” (and therefore an exchange) of this
Agreement for purposes of Section 1.1001-3 of the United States Treasury Regulations, it being understood that for these purposes, the substantially equivalent fair market value requirement of Proposed
Treasury Regulations 1.1001-6(b)(2) shall be deemed satisfied, and it being further understood that the Administrative Agent shall not be required to take any action under this provision that would cause it
any commercially unreasonable burden as determined in good faith by the Administrative Agent. 

(iii) At any time that the administrator of the then-current Benchmark has permanently or indefinitely ceased to provide such
Benchmark or such Benchmark has been announced by the regulatory supervisor for the administrator of such Benchmark pursuant to public statement or publication of information to be no longer representative of the underlying market and economic
reality that such Benchmark is intended to measure and that representativeness will not be restored, the Borrower may revoke any request for a borrowing of, conversion to or continuation of Loans to be made, converted or continued that would bear interest by reference to such Benchmark until the
Borrower’s receipt of notice from the Administrative Agent that a Benchmark Replacement has replaced such Benchmark, and, failing that, the Borrower
will be deemed to have converted any such request into a request for a borrowing of or conversion to Base Rate
Loans. During the period referenced in the foregoing sentence, the component of Base Rate based upon the Benchmark will not be used in any determination of Base Rate. 

(iv) In connection
with the implementation and administration of a Benchmark
Replacementof a Successor Rate, the Administrative
Agent will have the right to make Benchmark Replacement Conforming Changes from time to time and,
notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this
Agreement.;
provided that, with respect to any such amendment effected, the Administrative Agent shall post each such amendment implementing such Conforming Changes to the Borrower and the Lenders reasonably promptly after such amendment becomes
effective. 
 For purposes of this Section 5.8, those Lenders that either have not made, or do not have an obligation under this
Agreement to make, the relevant Loans in Dollars shall be excluded from any determination of Required Lenders. 

If any
Lender determines that any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund Loans whose interest is determined by reference to
SOFR or Term SOFR, or to determine or charge interest rates based upon SOFR or Term SOFR, then, upon notice thereof by such Lender to the Borrower (through the Administrative Agent), (a) any obligation of such Lender to make or continue Term SOFR
Loans or to convert Base Rate Loans to Term SOFR Loans shall be suspended, and (b) if 

  
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such notice asserts the illegality of such Lender making or
maintaining Base Rate Loans the interest rate on which is determined by reference to the Term SOFR component of the Base Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Term SOFR component of the Base Rate, in each case
until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, (i) the Borrower shall, upon demand from such Lender (with a copy to the
Administrative Agent), prepay or, if applicable, convert all Term SOFR Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the
Administrative Agent without reference to the Term SOFR component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Term SOFR Loan to such day, or immediately, if such
Lender may not lawfully continue to maintain such Term SOFR Loan and (ii) if such notice asserts the illegality of such Lender determining or charging interest rates based upon SOFR, the Administrative Agent shall during the period of such
suspension compute the Base Rate applicable to such Lender without reference to the Term SOFR component thereof until the Administrative Agent is advised in writing by such Lender that it is no longer illegal for such Lender to determine or charge
interest rates based upon SOFR. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted, together with any additional amounts required pursuant to Section 5.9. 

(v)
The Administrative Agent will promptly notify the Borrower and the Lenders of (A) the implementation of any Benchmark Replacement and (B) the
effectiveness of any Benchmark Replacement Conforming Changes. Any determination, decision or election that may be made by the Administrative Agent pursuant to this Section 5.8(c), including any determination with respect to a
tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take or refrain from taking any action, will be conclusive and binding absent manifest
error and may be made in its sole discretion and without consent from any other party hereto, except, in each case, as expressly required pursuant to this Section 5.8(c). 

(vi)
At any time (including in connection with the implementation of a Benchmark Replacement), (A) if the then-current Benchmark is a term rate (including Term SOFR
or LIBOR), then the Administrative Agent may remove any tenor of such Benchmark that is unavailable or non-representative for Benchmark (including Benchmark Replacement) settings and (B) the
Administrative Agent may reinstate any such previously removed tenor for Benchmark (including Benchmark Replacement) settings. 

(d)
Illegality. If, in any applicable jurisdiction, the
Administrative Agent, any Issuing Lender or any Lender determines that any Applicable Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for the Administrative Agent, any Issuing Lender or any Lender to
(i) perform any of its obligations hereunder or under any other Loan Document, (ii) to fund or maintain its participation in any Loan or (iii) issue, make, maintain, fund or charge interest or fees with respect to any Extension of
Credit such Person shall promptly notify the Administrative Agent, then, upon the Administrative Agent notifying the Borrower, and until such notice by such Person is revoked, any obligation of such Person to issue, make, maintain, fund or charge
interest or fees with respect to any such Extension of Credit shall be suspended, and to the extent required by Applicable Law, cancelled. Upon receipt of such notice, the Credit Parties shall, (A) repay that Person’s participation in the
Loans or other applicable Obligations on the last day of the Interest Period for each Loan or other Obligation occurring after the Administrative Agent has notified the Borrower or, if earlier, the date specified by such Person in the notice
delivered to the Administrative Agent (being no earlier than the last day of any applicable grace period permitted by Applicable Law) and (B) take all reasonable actions requested by such Person to mitigate or avoid such
illegality. 

  
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 Section 5.9 Indemnity. The Borrower hereby indemnifies each of the Lenders
against any loss or expense (including any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain a LIBOR
RateTerm SOFR Loan or from fees payable to
terminate the deposits from which such funds were obtained) which may arise or be attributable to each Lender’s obtaining, liquidating or employing deposits or other funds acquired to effect, fund or maintain any Loan (a) as a consequence
of any failure by the Borrower to make any payment when due of any amount due hereunder in connection with a LIBOR RateTerm SOFR Loan, (b) due to any failure of the Borrower to borrow or
continue a LIBOR
RateTerm SOFR Loan or convert to a LIBOR RateTerm
SOFR Loan on a date specified therefor in a Notice of Borrowing or Notice of Conversion/Continuation or (c) due to any payment, prepayment or conversion of any LIBOR RateTerm
SOFR Loan on a date other than the last day of the Interest Period therefor. The amount of such loss or
expense shall be determined, in the applicable Lender’s sole discretion, based upon the assumption that such Lender funded its Commitment Percentage of the LIBOR Rate Loans in the London interbank market and using any reasonable attribution or
averaging methods which such Lender deems appropriate and practical. A certificate of such Lender setting forth the basis for determining such amount or amounts necessary to compensate such
Lender shall be forwarded to the Borrower through the Administrative Agent and shall be conclusively presumed to be correct save for manifest error. All of the obligations of the Credit Parties under this Section 5.9 shall survive the
resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all obligations under any Loan Document.

 Section 5.10 Increased Costs. 

(a) Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar requirement against assets
of, deposits with or for the account of, or advances, loans or other credit extended or participated in by, any Lender (except any reserve requirement reflected in the
LIBOR RateTerm
SOFR) or any Issuing Lender; 
 (ii) subject any Recipient to any Taxes (other
than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (d) of the definition of
“Excluded Taxes” and (C) Connection Income Taxes) in respect of its loans,
letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or 

(iii) impose on any Lender or any Issuing Lender or the
London interbank market any other condition, cost or expense (other than Taxes) affecting this Agreement or
LIBOR RateTerm
SOFR Loans made by such Lender or any Letter of Credit or participation therein; 
 and the
result of any of the foregoing shall be to increase the cost to such Lender, the Issuing Lender or such other Recipient of making, converting to, continuing or maintaining any Loan (or of maintaining its obligation to make any such Loan), or to
increase the cost to such Lender, such Issuing Lender or such other Recipient of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the
amount of any sum received or receivable by such Lender, such Issuing Lender or such other Recipient hereunder (whether of principal, interest or any other amount) then, upon written request of such Lender, such Issuing Lender or other Recipient,
the Borrower shall promptly pay to any such Lender, such Issuing Lender or other Recipient, as the case may be, such additional amount or amounts as will compensate such Lender, such Issuing Lender or other Recipient, as the case may be, for such
additional costs incurred or reduction suffered. 

  
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 (b) Capital Requirements. If any Lender or any Issuing Lender determines that any
Change in Law affecting such Lender or such Issuing Lender or any Lending Office of such Lender or such Lender’s or such Issuing Lender’s holding company, if any, regarding capital or liquidity requirements, has or would have the effect of
reducing the rate of return on such Lender’s or such Issuing Lender’s capital or on the capital of such Lender’s or such Issuing Lender’s holding company, if any, as a consequence of this Agreement, the Revolving Credit
Commitment of such Lender or the Loans made by, or participations in Letters of Credit or Swingline Loans held by, such Lender, or the Letters of Credit issued by such Issuing Lender, to a level below that which such Lender or such Issuing Lender or
such Lender’s or such Issuing Lender’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or such Issuing Lender’s policies and the policies of such Lender’s or such
Issuing Lender’s holding company with respect to capital adequacy and liquidity), then from time to time upon written request of such Lender or such Issuing Lender the Borrower shall promptly pay to such Lender or such Issuing Lender, as the
case may be, such additional amount or amounts as will compensate such Lender or such Issuing Lender or such Lender’s or such Issuing Lender’s holding company for any such reduction suffered. 

(c) Certificates for Reimbursement. A certificate of a Lender, or an Issuing Lender or such other Recipient setting forth the amount
or amounts necessary to compensate such Lender or such Issuing Lender, such other Recipient or any of their respective holding companies, as the case may be, as specified in paragraph (a) or (b) of this Section 5.10 and delivered to the Borrower, shall be conclusive absent manifest
error. The Borrower shall pay such Lender or such Issuing Lender or such other Recipient, as the case may be, the amount shown as due on any such certificate within ten (10) days after receipt thereof. 

(d) Delay in Requests. Failure or delay on the part of any Lender or any Issuing Lender or such other Recipient to demand compensation
pursuant to this Section 5.10 shall not
constitute a waiver of such Lender’s or such Issuing Lender’s or such other Recipient’s right to demand such compensation; provided that the Borrower shall not be required to compensate any Lender or an Issuing Lender or any
other Recipient pursuant to this Section 5.10
for any increased costs incurred or reductions suffered more than nine (9) months prior to the date that such Lender or such Issuing Lender or such other Recipient, as the case may be, notifies the Borrower of the Change in Law giving rise to
such increased costs or reductions, and of such Lender’s or such Issuing Lender’s or such other Recipient’s intention to claim compensation therefor (except that if the Change in Law giving rise to such increased costs or reductions
is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect thereof). 

(e) Survival. All of the obligations of the Credit Parties under this Section 5.10 shall survive the resignation or
replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all obligations under any Loan Document. 

Section 5.11 Taxes. 

(a) Defined Terms. For purposes of this Section 5.11, the term “Lender” includes any Issuing Lender and the term
“Applicable Law” includes FATCA. 
 (b) Payments Free of Taxes. All payments by or on account of any obligation of any
Credit Party under any Loan Document shall be made without deduction or withholding for any Taxes, 

  
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except as required by Applicable Law. If any Applicable Law (as determined in the good faith discretion of any applicable withholding agent) requires the deduction or withholding of any Tax in
respect of any such payment, then the applicable withholding agent shall be entitled to make such deduction or withholding and shall timely pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with Applicable
Law and, if such Tax is an Indemnified Tax, then the sum payable by the applicable Credit Party shall be increased as necessary so that, after such deduction or withholding has been made (including any such deductions and withholdings applicable to
additional sums payable under this Section 5.11), the applicable Lender (or, in the case of any amount received by the Administrative Agent for its own account, the Administrative Agent) receives an amount equal to the sum it would have
received had no such deduction or withholding been made. 
 (c) Payment of Other Taxes by the Credit Parties. The Credit Parties
shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, all Other Taxes. 

(d) Indemnification by the Credit Parties. The Credit Parties shall jointly and severally indemnify each Recipient, within ten
(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 5.11) payable or paid by such Recipient or
required to be withheld or deducted from a payment to such Recipient 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. A certificate as to the amount of such payment or liability delivered to the Borrower by a Recipient (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Recipient,
shall be conclusive absent manifest error. 
 (e) [reserved]. 

(f) Evidence of Payments. As soon as practicable after any payment of Taxes by any Credit Party to a Governmental Authority pursuant
to this Section 5.11, such Credit Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or
other evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (g) Status of Lenders. 

(i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to any payments made under any Loan Document
shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrower or the
Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such other
documentation prescribed by Applicable Law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or
information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in
Section 5.11(g)(ii)(A), (ii)(B) and (ii)(D) below) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or
expense or would materially prejudice the legal or commercial position of such Lender. 

  
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 (ii) Without limiting the generality of the foregoing: 

(A) Any Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior to the date on
which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), two duly executed and properly completed originals of IRS Form W-9 certifying that such Lender is exempt from United States federal backup withholding Tax; 

(B) any Foreign Lender shall, to the extent it is legally eligible to do so, deliver to the Borrower and the Administrative
Agent on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), two duly executed and properly completed
originals of whichever of the following is applicable: 
 (1) in the case of a Foreign Lender claiming the benefits of an
income tax treaty to which the United States is a party, IRS Form W-8BEN or IRS Form W-8BEN-E, as applicable, establishing an
exemption from, or reduction of, United States federal withholding Tax pursuant to such tax treaty; 
 (2) IRS Form W-8ECI;

 (3) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under
Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit H-1 to the effect that such Foreign Lender is not a “bank” within the meaning of
Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of
the Code and that no payments under any Loan Document are effectively connected with such Foreign Lender’s conduct of a trade or business within the United States (a “U.S. Tax Compliance Certificate”) and (y) IRS Form W-8BEN or IRS Form W-8BEN-E, as applicable; or 

(4) to the extent a Foreign Lender is not the beneficial owner, IRS Form W-8IMY,
accompanied by IRS Form W-8ECI, IRS Form W-8BEN or IRS Form W-8BEN-E, a U.S. Tax
Compliance Certificate substantially in the form of Exhibit H-2 or Exhibit H-3, IRS Form W-9, and/or other
certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership (and not a participating Lender) and one or more direct or indirect partners of such Foreign Lender are claiming the
portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of Exhibit H-4 on behalf of such direct and indirect partner(s); 

(C) any Foreign Lender shall, to the extent it is legally eligible to do so, deliver to the Borrower and the Administrative
Agent on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), two duly executed and properly completed
originals of any other documentation prescribed by Applicable Law as a basis for claiming exemption from or a reduction in United States federal withholding Tax, together with such supplementary documentation as may be prescribed by Applicable Law
to permit the Borrower or the Administrative Agent to determine the withholding or deduction required to be made; and 

  
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 (D) if a payment made to a Lender under any Loan Document would be subject
to United States federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such
Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by Applicable Law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by
Applicable Law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative
Agent to comply with their obligations under FATCA and to determine whether such Lender has complied with such Lender’s obligations under FATCA or to determine the amount, if any, to deduct and withhold from such payment. Solely for purposes of
this clause (D), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 
 (iii)
Notwithstanding any other provision of this Section 5.11(g), a Lender shall not be required to deliver any documentation that such Lender is not legally eligible to deliver. 

(iv) Each Lender hereby authorizes the Administrative Agent to deliver to the Credit Parties and to any successor Administrative Agent any
documentation provided by such Lender to the Administrative Agent pursuant to this Section 5.11(g). 
 Each Lender agrees that
if any documentation described above that it previously delivered expires or becomes obsolete or inaccurate in any respect, it shall update such documentation or promptly notify the Borrower and the Administrative Agent in writing of its legal
ineligibility to do so. 
 (h) Treatment of Certain Refunds. If any Recipient determines, in its sole discretion exercised in good
faith, that it has received a refund of any Taxes as to which it has been indemnified pursuant to this Section 5.11 (including by the payment of additional amounts pursuant to this Section 5.11), it shall pay to the
indemnifying party an amount equal to such refund (but only to the extent of indemnity payments made under this Section 5.11with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of such indemnified party and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund). Such indemnifying
party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to this Section 5.11(h) (plus any penalties, interest or other charges imposed by the relevant Governmental
Authority) in the event that such indemnified party is required to repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this Section 5.11(h), in no event will the indemnified party be required to
pay any amount to an indemnifying party pursuant to this Section 5.11(h) the payment of which would place the indemnified party in a less favorable net after-Tax position than the indemnified party
would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This
Section 5.11(h) shall not be construed to require any indemnified party to make available its Tax returns (or any other information relating to its Taxes that it deems confidential) to the indemnifying party or any other Person. 

(i) Survival. Each Person’s obligations under this Section 5.11 shall survive the resignation or replacement of the
Administrative Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Commitments and the repayment, satisfaction or discharge of all obligations under any Loan Document. 

  
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 Section 5.12 Mitigation Obligations; Replacement of Lenders. 

(a) Designation of a Different Lending Office. If any Lender requests compensation under Section 5.10, or requires the
Borrower to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 5.11, then such Lender shall, at the request of the Borrower, use reasonable
efforts to designate a different Lending Office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender, such designation or
assignment (i) would eliminate or reduce amounts payable pursuant to Section 5.10 or Section 5.11, as the case may be, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and
would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. A certificate setting forth such costs and
expenses in reasonable detail submitted by such Lender to the Borrower shall be conclusive absent manifest error. 
 (b) Replacement of
Lenders. If any Lender requests compensation under Section 5.10, or if the Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to
Section 5.11, and, in each case, such Lender has declined or is unable to designate a different Lending Office in accordance with Section 5.12(a), or if any Lender is a Defaulting Lender or a
Non-Consenting Lender, then the Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in
accordance with and subject to the restrictions contained in, and consents required by, Section 12.9), all of its interests, rights (other than its existing rights to payments pursuant to Section 5.10 or
Section 5.11) and obligations under this Agreement and the related Loan Documents to an Eligible Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided
that: 
 (i) the Borrower shall have paid to the Administrative Agent the assignment fee (if any) specified in Section 12.9;

 (ii) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans and funded participations in
Letters of Credit and Swingline Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 5.9) from the assignee (to the extent of
such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts); 
 (iii) in the case of any
such assignment resulting from a claim for compensation under Section 5.10 or payments required to be made pursuant to Section 5.11, such assignment will result in a reduction in such compensation or payments thereafter; 

(iv) such assignment does not conflict with Applicable Law; and 

(v) in the case of any assignment resulting from a Lender becoming a Non-Consenting Lender, the
applicable assignee shall have consented to the applicable amendment, waiver or consent. 

  
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 A Lender shall not be required to make any such assignment or delegation if, prior thereto,
as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 

Each party hereto agrees that (x) an assignment required pursuant to this Section 5.12 may be effected pursuant to an
Assignment and Assumption executed by the Borrower, the Administrative Agent and the assignee and (y) the Lender required to make such assignment need not be a party thereto in order for such assignment to be effective and shall be deemed to
have consented to and be bound by the terms thereof; provided that, following the effectiveness of any such assignment, the other parties to such assignment agree to execute and deliver such documents necessary to evidence such assignment as
reasonably requested by the applicable Lender or the Administrative Agent, provided, further that any such documents shall be without recourse to or warranty by the parties thereto. 

(c) Selection of Lending Office. Subject to Section 5.12(a), each Lender may make any Loan to the Borrower through any
Lending Office; provided that the exercise of this option shall not affect the obligations of the Borrower to repay the Loan in accordance with the terms of this Agreement or otherwise alter the rights of the parties hereto. 

Section 5.13 Incremental Loans. 

(a) At any time after the Closing Date, the Borrower may by written notice to the Administrative Agent elect to request the establishment of:

 (i) one or more incremental term loan commitments (any such incremental term loan commitment, an “Incremental Term Loan
Commitment”) to make one or more term loans, including a borrowing of an additional term loan the principal amount of which will be added to the outstanding principal amount of the existing tranche of Incremental Term Loans (any such additional term loan, an “Incremental Term Loan”); or 

(ii) one or more increases in the Revolving Credit Commitments (any such increase, an “Incremental Revolving Credit
Commitment” and, together with the Incremental Term Loan Commitments, the “Incremental Loan Commitments”) to make revolving credit loans under the Revolving Credit Facility (any such increase, an “Incremental
Revolving Credit Increase” and, together with the Incremental Term Loans, the “Incremental Loans”); 
 provided that
(1) the total aggregate initial principal amount (as of the date of incurrence thereof) of such requested Incremental Loan Commitments and Incremental Loans shall not exceed the Incremental Facilities Limit (determined after giving effect to
all Incremental Loans, Incremental Loan Commitments and Incremental Equivalent Debt incurred or established in reliance on the relevant clauses of Incremental Facilities Limit) and (2) the total aggregate amount for each Incremental Loan
Commitment (and the Incremental Loans made thereunder) shall not be less than a minimum principal amount of $10,000,000 or, if less, the remaining amount permitted pursuant to the foregoing clause (1). Each such notice shall specify the date
(each, an “Increased Amount Date”) on which the Borrower proposes that any Incremental Loan Commitment shall be effective, which shall be a date not less than ten (10) Business Days after the date on which such notice is
delivered to Administrative Agent (or such earlier date as may be approved by the Administrative Agent). The Borrower may invite any Lender, any Affiliate of any Lender and/or any Approved Fund, and/or any other Person, to provide an Incremental
Loan Commitment, subject to the consent of the Administrative Agent and the Issuing Lenders and Swingline Lender, to the extent such consent would be required for an assignment by such Person (any such Person, an “Incremental
Lender”). Any proposed Incremental Lender offered or approached to provide all or a portion of any Incremental Loan Commitment may elect or decline, in its sole discretion, 

  
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to provide such Incremental Loan Commitment or any portion thereof. Any Incremental Loan Commitment shall become effective as of such Increased Amount Date; provided that, subject to
Section 1.10, each of the following conditions has been satisfied or waived as of such Increased Amount Date: 
 (A)
no Event of Default shall exist on such Increased Amount Date immediately prior to or after giving effect to (1) any Incremental Loan Commitment, (2) the making of any Incremental Loans pursuant thereto and (3) any Permitted
Acquisition consummated in connection therewith; 
 (B) [Reserved]; 

(C) each of the representations and warranties contained in Article VII shall be true and correct in all material
respects, except to the extent any such representation and warranty is qualified by materiality or reference to Material Adverse Effect, in which case, such representation and warranty shall be true, correct and complete in all respects, on such
Increased Amount Date with the same effect as if made on and as of such date (except for any such representation and warranty that by its terms is made only as of an earlier date, which representation and warranty shall remain true and correct as of
such earlier date); 
 (D) the proceeds of any Incremental Loans shall be used for any purpose not prohibited under this
Agreement; 
 (E) each Incremental Loan Commitment (and the Incremental Loans made thereunder) shall constitute Obligations
of the Borrower and shall be secured and guaranteed with the other Extensions of Credit on a pari passu basis; 
 (F)
in the case of each Incremental Term Loan (the terms of which shall be set forth in the relevant Lender Joinder Agreement): (x) such Incremental Term Loan will mature and amortize in a manner reasonably acceptable to the Incremental Lenders
making such Incremental Term Loan and the Borrower, but will not in any event have a shorter Weighted Average Life to Maturity than the remaining Weighted Average Life to Maturity of the Revolving Creditany
then-existing Term Loans or a maturity date earlier than the Latest Maturity Date (provided that this clause (x) shall not prevent this incurrence of an Incremental Term Loan if the proceeds thereof are placed into
escrow and only permitted to be released upon certain conditions and such Incremental Term Loan is prepayable if such conditions are not satisfied); and
(y) the Applicable Margin and pricing grid, if applicable, for such Incremental Term Loan shall be determined by the Incremental Lenders and the Borrower on the applicable Increased
Amount Date; and (z) except as provided above, all other terms and conditions applicable to any Incremental Term
Loan, to the extent not consistent with the terms and conditions applicable to any then-existing Term Loans, shall be reasonably satisfactory to the
Administrative Agent and the Borrower (provided that such other terms and conditions, taken as a whole, shall not be materially more favorable to the Lenders under
any Incremental Term Loans than such other terms and conditions, taken as a whole, under any then-existing Term Loans. 

(G) in the case of each Incremental Revolving Credit Increase (the terms of which shall be set forth in the relevant Lender
Joinder Agreement): (x) such Incremental Revolving Credit Increase shall mature on the Revolving Credit Maturity Date, shall bear interest and be entitled to fees (other than upfront fees), in each case at the rate applicable to the Revolving
Credit Loans, and shall be subject to the same terms and conditions as the Revolving Credit Loans; (y) the outstanding Revolving Credit Loans and Revolving Credit Commitment Percentages of Swingline Loans and L/C Obligations will be reallocated
by the 

  
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Administrative Agent on the applicable Increased Amount Date among the Revolving Credit Lenders (including the Incremental Lenders providing such Incremental Revolving Credit Increase) in
accordance with their revised Revolving Credit Commitment Percentages (and the Revolving Credit Lenders (including the Incremental Lenders providing such Incremental Revolving Credit Increase) agree to make all payments and adjustments necessary to
effect such reallocation and the Borrower shall pay any and all costs required pursuant to Section 5.9 in connection with such reallocation as if such reallocation were a repayment); and (z) except as provided above, all of the
other terms and conditions applicable to such Incremental Revolving Credit Increase shall, except to the extent otherwise provided in this Section 5.13, be identical to the terms and conditions applicable to the Revolving Credit
Facility; 

(H)
 any Incremental Lender making any Incremental Term Loan shall be entitled to the same voting rights as the existing Term Loan Lenders under the Term Loan Facility and (unless otherwise agreed by the applicable Incremental Lenders) each Incremental
Term Loan shall receive proceeds of prepayments on the same basis as the existing Term Loans (such prepayments to be shared pro rata on the basis of the original aggregate funded amount thereof among the existing Term Loans and each Class of
Incremental Term Loans); and any Incremental Lender with an Incremental Revolving Credit Increase shall be entitled to the same voting rights as the existing Revolving Credit Lenders under the Revolving Credit Facility and any Extensions of Credit
made in connection with each Incremental Revolving Credit Increase shall receive proceeds of prepayments on the same basis as the other Revolving Credit Loans made hereunder; 

(HI) any Incremental Term Loans and any Incremental Revolving Credit
Commitment shall be on terms and pursuant to documentation to be determined; provided that, to the extent such terms and documentation are not consistent with the Credit Facility (except to the extent permitted by clause (F) or
(G) above and except for covenants and other provisions applicable only after the Latest Maturity Date, such terms shall, at the option of the Borrower (x) reflect market terms and conditions (taken as a whole) at the time of
incurrence, issuance or effectiveness of such Incremental Term Loans and any Incremental Revolving Credit Commitment, as the case may be (as determined in good faith by the Borrower), (y) not be materially more restrictive on the Borrower and
its Subsidiaries (when taken as a whole) than the terms and conditions of the Loan Documents (when taken as a whole) or (z) be otherwise reasonably satisfactory to the Administrative Agent (it being understood to the extent that any covenant or
provision is added for the benefit of (A) any Incremental Term Loans, no consent shall be required from the Administrative Agent or any Lender to the extent that such covenant or provision is also added for the benefit of all of the
then-existing Loans and Commitments under the Loan
Documentations
 or (B) any Incremental Revolving Credit Commitment, such covenant or provision shall also be added for the benefit of the then-existing Revolving Credit Commitments under the Loan
Documentations
); 
 (IJ) such Incremental Loan Commitments shall be effected pursuant to one or more Lender Joinder Agreements executed and delivered by the Borrower, the Administrative Agent and the applicable Incremental Lenders
(which Lender Joinder Agreement may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the
provisions of this Section 5.13); 
 (JK) the Borrower shall deliver or cause to be delivered any customary legal opinions or other documents (including, without limitation, a resolution duly adopted by the board of directors (or equivalent governing
body) of each Credit Party authorizing such Incremental Loan and/or Incremental Loan Commitment), as may be reasonably requested by Administrative Agent in connection with any such transaction; 

  
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(KL) the Administrative Agent shall have received, prior to the
consummation of such Incremental Loan and/or Incremental Loan Commitment, such “onboarding” and tax and administrative forms that are customarily provided for new lenders in syndicated facilities; and 

(LM) solely with respect to any Incremental Revolving Credit Commitment or
Incremental Revolving Credit Increase, the Swingline Lender and Issuing Lenders shall have consent rights (not to be unreasonably withheld) with respect to such Incremental Lender, if such consent would be required for an assignment of Revolving
Credit Loans or Revolving Credit Commitments, as applicable, to such Incremental Lender. 
 (b) The Incremental Term Loans shall be
deemed to be Term Loans; provided that any such Incremental Term Loan that is not added to the outstanding principal balance of a pre-existing Term Loan shall be designated as a separate tranche of Term Loans for all purposes of this
Agreement. 
 (i) The Incremental Lenders shall be included in any determination of the Required Lenders, Required Revolving/TLA Lenders or Required Revolving Credit Lenders,
as applicable, and, unless otherwise agreed, the Incremental Lenders will not constitute a separate voting class for any purposes under this Agreement. 

(c) On any Increased Amount Date on which any Incremental Term Loan Commitment becomes effective, subject to the foregoing terms and
conditions, each Incremental Lender with an Incremental Term Loan Commitment shall make, or be obligated to make, an Incremental Term Loan to the Borrower in an amount equal to its Incremental Term Loan Commitment and shall become an Incrementala Term Loan Lender hereunder with respect to such Incremental Term Loan Commitment and the Incremental Term Loan made pursuant thereto. 

(i) On any Increased Amount Date on which any Incremental Revolving Credit Increase becomes effective, subject to the foregoing terms and
conditions, each Incremental Lender with an Incremental Revolving Credit Commitment shall become a Revolving Credit Lender hereunder with respect to such Incremental Revolving Credit Commitment. 

(d) If on any Increased Amount Date, the Borrower incurs on such date Indebtedness under (x) the Incremental Dollar Amount or the
Incremental Repayment Amount and (y) the Incremental Ratio Amount, then the Secured Net Leverage Ratio with respect to the amounts incurred under the Incremental Ratio Amount will be calculated without regard to any incurrence under the
Incremental Dollar Amount or the Incremental Repayment Amount. For the avoidance of doubt, each Incremental Loan shall be deemed incurred first under the Incremental Ratio Amount to the extent available, with the balance incurred under the
Incremental Repayment Amount and, thereafter, any remaining Incremental Dollar Amount. 
 Section 5.14 Cash Collateral. At any
time that there shall exist a Defaulting Lender, within one (1) Business Day following the written request of the Administrative Agent, any Issuing Lender (with a copy to the Administrative Agent) or the Swingline Lender (with a copy to the
Administrative Agent), the Borrower shall Cash Collateralize the Fronting Exposure of such Issuing Lender and/or the Swingline Lender, as applicable, with respect to such Defaulting Lender (determined after giving effect to
Section 5.15(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount. 

  
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 (a) Grant of Security Interest. The Borrower, and to the extent provided by any
Defaulting Lender, such Defaulting Lender, hereby grants to the Administrative Agent, for the benefit of each Issuing Lender and the Swingline Lender, and agrees to maintain, a first priority security interest in all such Cash Collateral as security
for the Defaulting Lender’s obligation to fund participations in respect of L/C Obligations and Swingline Loans, to be applied pursuant to subsection (b) below. If at any time the Administrative Agent determines that Cash
Collateral is subject to any right or claim of any Person other than the Administrative Agent, each Issuing Lender and the Swingline Lender as herein provided (other than Permitted Liens), or that the total amount of such Cash Collateral is less
than the Minimum Collateral Amount, the Borrower will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency (after giving effect
to any Cash Collateral provided by the Defaulting Lender). 
 (b) Application. Notwithstanding anything to the contrary contained in
this Agreement or any other Loan Document, Cash Collateral provided under this Section 5.14 or Section 5.15 in respect of Letters of Credit and Swingline Loans shall be applied to the satisfaction of the Defaulting
Lender’s obligation to fund participations in respect of L/C Obligations and Swingline Loans (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) for which the Cash Collateral was so
provided, prior to any other application of such property as may otherwise be provided for herein. 
 (c) Termination of Requirement.
Cash Collateral (or the appropriate portion thereof) provided to reduce the Fronting Exposure of any Issuing Lender and/or the Swingline Lender, as applicable, shall no longer be required to be held as Cash Collateral pursuant to this
Section 5.14 following (i) the elimination of the applicable Fronting Exposure (including by the termination of Defaulting Lender status of the applicable Lender), or (ii) the determination by the Administrative Agent, the
Issuing Lenders and the Swingline Lender that there exists excess Cash Collateral; provided that, subject to Section 5.15, the Person providing Cash Collateral, the Issuing Lenders and the Swingline Lender may agree that Cash
Collateral shall be held to support future anticipated Fronting Exposure or other obligations. 
 Section 5.15 Defaulting
Lenders. 
 (a) Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any
Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by Applicable Law: 

(i) Waivers and Amendments. Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect
to this Agreement shall be restricted as setforth in the
definitions of Required Lenders, Required Revolving Credit Lenders and Required Revolving/TLA Lenders
and Section 12.2. 
 (ii) Defaulting Lender Waterfall. Any payment of principal, interest, fees or other amounts
received by the Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article X or otherwise) or received by the Administrative Agent from a Defaulting Lender pursuant to
Section 12.4 shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder;
second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to the Issuing Lenders or the Swingline 

  
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Lender hereunder; third, to Cash Collateralize the Fronting Exposure of the Issuing Lenders and the Swingline Lender with respect to such Defaulting Lender in accordance with
Section 5.14; fourth, as the Borrower may request (so long as no Default or Event of Default exists), to the funding of any Loan or funded participation in respect of which such Defaulting Lender has failed to fund its portion
thereof as required by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and the Borrower, to be held in a deposit account and released pro rata in order to (A) satisfy
such Defaulting Lender’s potential future funding obligations with respect to Loans and funded participations under this Agreement and (B) Cash Collateralize the Issuing Lenders’ future Fronting Exposure with respect to such
Defaulting Lender with respect to future Letters of Credit and Swingline Loans issued under this Agreement, in accordance with Section 5.14; sixth, to the payment of any amounts owing to the Lenders, the Issuing Lenders or the
Swingline Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, any Issuing Lender or the Swingline Lender against such Defaulting Lender as a result of such Defaulting Lender’s breach of its
obligations under this Agreement; seventh, so long as no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a result of any judgment of a court of competent jurisdiction obtained by the Borrower against
such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to such Defaulting Lender or as otherwise directed by a court of competent jurisdiction; provided that if
(1) such payment is a payment of the principal amount of any Revolving Credit Loans or funded participations in Letters of Credit or Swingline Loans in respect of which such Defaulting Lender has not fully funded its appropriate share, and (2) such Revolving Credit Loans were made or the related Letters of Credit or
Swingline Loans were issued at a time when the conditions set forth in Section 6.2 were satisfied or waived, such payment shall be applied solely to pay the
Revolving Credit Loans of, and funded participations in
Letters of Credit or Swingline Loans owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Revolving Credit Loans of, or funded participations in Letters of Credit or Swingline Loans owed to,
such Defaulting Lender until such time as all Revolving
Credit Loans and funded and unfunded participations in L/C Obligations and Swingline Loans are held by the Lenders pro rata in accordance with the Revolving Credit Commitments under the
applicable Revolving Credit Facility without giving effect to Section 5.15(a)(iv). Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or
to post Cash Collateral pursuant to this Section 5.15(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto. 

(iii) Certain Fees. 

(A) No Defaulting Lender shall be entitled to receive any Commitment Fee for any period during which that Lender is a
Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender). 

(B) Each Defaulting Lender shall be entitled to receive letter of credit commissions pursuant to
Section 5.8(c) for any period during which that Lender is a Defaulting Lender only to the extent allocable to its Revolving Credit Commitment Percentage of the stated amount of Letters of Credit for which it has provided Cash
Collateral pursuant to Section 5.14. 
 (C) With respect to any Commitment Fee or letter of credit commission
not required to be paid to any Defaulting Lender pursuant to clause (A) or (B) above, the Borrower shall (1) pay to each Non-Defaulting Lender that portion of any such fee otherwise payable to such Defaulting Lender with
respect to such Defaulting Lender’s participation in L/C Obligations or Swingline Loans that has been reallocated to such Non- 

  
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Defaulting Lender pursuant to clause (iv) below, (2) pay to each applicable Issuing Lender and Swingline Lender, as applicable, the amount of any such fee otherwise payable to
such Defaulting Lender to the extent allocable to such Issuing Lender’s or Swingline Lender’s Fronting Exposure to such Defaulting Lender, and (3) not be required to pay the remaining amount of any such fee. 

(iv) Reallocation of Participations to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C
Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Revolving Credit Commitment Percentages (calculated without regard to such Defaulting Lender’s Revolving Credit
Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Revolving Credit Commitment. Subject to
Section 12.23, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a
Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation. 
 (v) Cash
Collateral, Repayment of Swingline Loans. If the reallocation described in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under
law, (x) first, repay Swingline Loans in an amount equal to the Swingline Lenders’ Fronting Exposure and (y) second, Cash Collateralize the Issuing Lenders’ Fronting Exposure in accordance with the procedures set forth
in Section 5.14. 
 (b) Defaulting Lender Cure. If the Borrower, the Administrative Agent, the Issuing Lenders and the
Swingline Lender agree in writing that a Lender is no longer a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein
(which may include arrangements with respect to any Cash Collateral), such Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may
determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swingline Loans to be held pro rata by the Lenders in accordance with the Commitments under the applicable Credit Facility (without
giving effect to Section 5.15(a)(iv)), whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the
Borrower while that Lender was a Defaulting Lender; and provided further that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or
release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 
 Section 5.16 Amend
and Extend Transactions. 
 (a) The Borrower may, by written notice to the Administrative Agent from time to time, request an extension
(each, an “Extension”) of the maturity date or expiry date of any Class of Loans and Commitments to the extended maturity date or expiry date specified in such notice. Such notice shall (i) set forth the amount of the
applicable Class of Revolving Credit Commitments and/or Term Loans
that will be subject to the Extension (which shall be in minimum increments of $1,000,000 and a minimum amount of $5,000,000), (ii) set forth the date on which such Extension is requested to become effective (which shall be not less than ten
(10) Business Days nor more than sixty (60) days after the date of such Extension notice (or such longer or shorter periods as the Administrative Agent shall agree in its sole discretion)) and (iii) identify the relevant Class of
Revolving Credit Commitments and/or Term Loans to which
such Extension relates. Each Lender of the applicable Class shall be offered (an “Extension Offer”) an opportunity to participate in such Extension on a pro rata basis and on the same

  
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terms and conditions as each other Lender of such Class pursuant to procedures established by, or reasonably acceptable to, the Administrative Agent and the Borrower. If the aggregate principal
amount of Revolving Credit Commitments and/or Term Loans in
respect of which Lenders shall have accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of Revolving Credit
Commitments and/or Term Loans, as applicable, subject to
the Extension Offer as set forth in the Extension notice, then the Revolving Credit Commitments or Term Loans,
as applicable, of Lenders of the applicable Class shall be extended ratably up to such maximum amount based on the respective principal amounts with respect to which such Lenders have accepted
such Extension Offer. 
 (b) The following shall be conditions precedent to the effectiveness of any Extension: (i) no Default
or Event of Default shall have occurred and be continuing immediately prior to and immediately after giving effect to such Extension, (ii) the representations and warranties set forth in Article VII and in each other Loan Document shall
be deemed to be made and shall be true and correct in all material respects on and as of the effective date of such Extension, (iii) the Issuing Lender and the Swingline Lender shall have consented to any Extension of the Revolving Credit
Commitments, to the extent that such Extension provides for the issuance or extension of Letters of Credit or making of Swingline Loans at any time during the extended period and (iv) the terms of such Extended Revolving Credit Commitments and Extended Term Loans shall comply with paragraph (c) of
this Section. 
 (c) The terms of each Extension shall be determined by the Borrower and the applicable extending Lenders and set
forth in an Extension Amendment; provided that (i) the final maturity date of any Extended Revolving Credit Commitment
or Extended Term Loan shall be no earlier than the Revolving
Credit Maturity Date or the Amendment No. 1 Term Loan Maturity Date, respectively, (ii)(A) there shall
be no scheduled amortization of the loans or reductions of commitments under any Extended Revolving Credit Commitments
and (B) the average life to maturity of the Extended Term Loans shall be no shorter than the remaining average
life to maturity of the existing Term Loans, (iii) the Extended Revolving Credit
Loans and the Extended Term Loans will rank pari
passu in right of payment and with respect to security with the existing Revolving Credit Loans and the
existing Term Loans and the borrower and guarantors of the
Extended Revolving Credit Commitments or Extended Term Loans, as applicable, shall be the same as the Borrower and Subsidiary Guarantors with respect to the existing Revolving Credit
Loans or Term Loans, as applicable, (iv) the interest rate
margin, rate floors, fees, original issue discount and premium applicable to any Extended Revolving Credit Commitment (and the Extended Revolving Credit Loans thereunder)
and Extended Term Loans shall be determined by the Borrower
and the applicable extending Lenders, (v)(A) the Extended Term Loans may participate on a pro rata or
less than pro rata (but not greater than pro rata) basis in voluntary or mandatory prepayments with the other Term Loans and (B) borrowing and prepayment of Extended Revolving Credit
Loans, or reductions of Extended Revolving Credit Commitments, and participation in Letters of Credit and Swingline Loans, shall be on a pro rata basis with the other Revolving Credit Loans or Revolving Credit Commitments (other than upon the
maturity of the non-extended Revolving Credit Loans and Revolving Credit Commitments) and (vi) the terms of the Extended Revolving Credit Commitments
or Extended Term Loans, as applicable, shall be
substantially identical to the terms set forth herein (except as set forth in clauses (i) through (v) above). 
 (d) In
connection with any Extension, the Borrower, the Administrative Agent and each applicable extending Lender shall execute and deliver to the Administrative Agent an Extension Amendment and such other documentation as the Administrative Agent shall
reasonably specify to evidence the Extension. The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Extension. Any Extension Amendment may, without the consent of any other Lender, effect such amendments to this
Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to implement the terms of any such Extension, including any amendments necessary to establish Extended
Revolving 

  
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Credit Commitments or Extended Term Loans as a new Class or tranche of Revolving Credit Commitments or Term Loans, as
applicable and such other technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative Agent and the Borrower in connection with the establishment of
such new Class or tranche (including to preserve the pro rata treatment of the extended and non-extended Classes or tranches and to provide for the reallocation of Revolving Credit Exposure upon the expiration or termination of the
commitments under any Class or tranche), in each case on terms consistent with this Section. 
 Section 5.17 Refinancing Term
Loans. 
 (a) The Borrower may at any time and from time to time, with the consent of the Administrative Agent (not to be unreasonably
withheld or delayed), request the establishment of one or more additional Classes of Term Loans under this Agreement or an increase to an existing Class of Term Loans under this Credit Agreement (in each case, “Refinancing Term
Loans”); provided that: 
 (i) the proceeds of such Refinancing Term Loans shall be used, concurrently or substantially
concurrently with the incurrence thereof, solely to refinance all or any portion of any Class (on a ratable basis within such Class) outstanding Term Loans; 

(ii) each Class of Refinancing Term Loans shall be in an aggregate amount of $25,000,000 or any whole multiple of $5,000,000 in excess
thereof (or such other amount necessary to repay any Class of outstanding Term Loans in full); 
 (iii) such Refinancing Term Loans shall
be in an aggregate principal amount not greater than the aggregate principal amount of Term Loans to be refinanced plus any accrued interest, fees, costs, premiums and expenses related thereto (including any original issue discount or upfront fees);

 (iv) the final maturity date of such Refinancing Term Loans shall be no earlier than the maturity date of the Term Loans being
refinanced, and the Weighted Average Life to Maturity of such Refinancing Term Loans shall be no shorter than the then remaining Weighted Average Life to Maturity of each Class of Term Loans being refinanced; 

(v) (A) the pricing, interest rate margins, rate floors, discounts, fees and optional and mandatory prepayment or redemption provisions
(including premiums, if any) applicable to such Refinancing Term Loans shall be as agreed between the Borrower and the providers of such Refinancing Term Loans so long as, in the case of any mandatory prepayment or redemption provisions, the
providers of such Refinancing Term Loans do not participate on a greater than pro rata basis in any such prepayments as compared to Lenders being refinanced and (B) the covenants and other terms applicable to such Refinancing Term Loans
(excluding those terms described in the immediately preceding clause (A)), which shall be as agreed between the Borrower and the lenders providing such Refinancing Term Loans, at the option of the Borrower (x) reflect market terms and
conditions (taken as a whole) at the time of incurrence, issuance or effectiveness of such Refinancing Term Loans (as determined in good faith by the Borrower), (y) not be materially more restrictive on the Borrower and its Subsidiaries (when
taken as a whole) than the terms and conditions of the Loan Documents (when taken as a whole) or (z) be otherwise reasonably satisfactory to the Administrative Agent (it being understood to the extent that any covenant or provision is added for
the benefit of (A) any Refinancing Term Loans, no consent shall be required from the Administrative Agent or any Lender to the extent that such covenant or provision is also added for the benefit of all of the then-existing Loans and
Commitments under the Loan Documents), except to the extent such covenants and other terms apply solely to any period after the Latest Maturity Date applicable under this Agreement (after giving effect to such Refinancing Term Loans) or such
covenants or other terms apply equally for the benefit of the other 

  
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Lenders; provided that it is understood and agreed that Refinancing Term Loans may be guaranteed by Subsidiary Guarantors that are (but not other Subsidiaries) and, if secured, may only be
secured by Collateral; 
 (vi) no existing Lender shall be required to provide any Refinancing Term Loans; and 

(vii) (A) the Refinancing Term Loans shall rank pari passu in right of payment and security with the existing Term Loans and
(B) the Refinancing Term Loans may be (x) secured by Collateral on a pari passu basis with the existing Term Loans, (y) secured by Collateral on a junior Lien basis to the existing Term Loans or (z) unsecured;
provided, further, that in the case of clause (x) or clause (y), the holders of such Refinancing Term Loans or their representative is or becomes party to a Customary Intercreditor Agreement. 

(b) Each such notice shall specify (x) the date (each, a “Refinancing Effective Date”) on which the Borrower proposes
that the Refinancing Term Loans be made, which shall be a date reasonably acceptable to the Administrative Agent and (y) in the case of Refinancing Term Loans, the identity of the Persons (each of which shall be a Person that would be an
Eligible Assignee (for this purpose treating a Lender of Refinancing Term Loans as if it were an assignee)) whom the Borrower proposes would provide the Refinancing Term Loans and the portion of the Refinancing Term Loans to be provided by each such
Person. On each Refinancing Effective Date, each Person with a commitment for a Refinancing Term Loans shall make a Refinancing Term Loan to the Borrower in a principal amount equal to such Person’s commitment therefor. 

(c) The Refinancing Term Loans shall be documented by an amendment executed by the Persons providing the Refinancing Term Loans, the Credit
Parties and the Administrative Agent (such amendment, the “Refinancing Term Loan Amendment”), and the Refinancing Term Loan Amendment may provide for such amendments to this Agreement and the other Loan Documents as may be necessary
or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 5.17. 

Section 5.18 Replacement Revolving Commitments. 

(a) The Borrower may at any time and from time to time, with the consent of the Administrative Agent (not to be unreasonably withheld or
delayed), request the establishment of one or more additional Classes of Revolving Credit Commitments (“Replacement Revolving Commitments”) to replace (on a ratable basis within such Class) all or a portion of any existing Classes
of Revolving Credit Commitments under this Credit Agreement (“Replaced Revolving Commitments”); provided that: 

(i) substantially concurrently with the effectiveness of the Replacement Revolving Commitments, all or an equivalent portion of the Revolving
Credit Commitments in effect immediately prior to such effectiveness shall be terminated, and all or an equivalent portion of the Revolving Credit Loans and Swingline Loans then outstanding, together with all interest thereon, and all other amounts
accrued for the benefit of the Revolving Credit Lenders, shall be repaid or paid (it being understood, however, than any Letters of Credit issued and outstanding under the Replaced Revolving Commitments shall be deemed to have been issued under the
Replacement Revolving Commitments if the amount of such Letters of Credit would exceed the remaining amount of commitments under the Replaced Revolving Commitments after giving effect to the reduction contemplated hereby); 

  
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 (ii) such Replacement Revolving Commitments shall be in an aggregate amount not greater
than the aggregate amount of Replaced Revolving Commitments to be replaced plus any accrued interest, fees, costs and expenses related thereto (including any upfront fees); 

(iii) the final maturity date of such Replacement Revolving Commitments shall be no earlier than the maturity date of the Replaced Revolving
Commitments and shall have no mandatory interim commitment reductions; 
 (iv) the L/C Commitments and the Swingline Commitment under such
Replacement Revolving Commitments shall be as agreed between the Borrower, the Lenders providing such Replacement Revolving Commitments, the Administrative Agent, the Issuing Lenders (or any replacement Issuing Lenders) and the Swingline Lender (or
any replacement Swingline Lender); provided that in no event may the Swingline Commitment or the L/C Sublimit be increased without the consent of the Swingline Lender (other than a replacement Swingline Lender with respect to such Replacement
Revolving Commitment) or each Issuing Lender (other than any replacement Issuing Lender with respect to such Replacement Revolving Commitment), as the case may be; 

(v) (A) the pricing, rate floors, discounts, fees and optional prepayment or redemption provisions applicable to such Replacement
Revolving Commitments shall be as agreed between the Borrower and the Replacement Revolving Lenders so long as, in the case of any optional prepayment or redemption provisions, such Replacement Revolving Lenders do not participate on a greater than
pro rata basis in any such prepayments as compared to Replaced Revolving Commitments and (B) the covenants and other terms applicable to such Replacement Revolving Commitments (excluding those terms described in the immediately preceding
clause (A)), which shall be as agreed between the Borrower and the lenders providing such Replacement Revolving Commitments, shall, at the option of the Borrower (x) reflect market terms and conditions (taken as a whole) at the time of
incurrence, issuance or effectiveness of Replacement Revolving Commitments (as determined in good faith by the Borrower), (y) not be materially more restrictive on the Borrower and its Subsidiaries (when taken as a whole) than the terms and
conditions of the Loan Documents (when taken as a whole) or (z) be otherwise reasonably satisfactory to the Administrative Agent (it being understood to the extent that any covenant or provision is added for the benefit of any Incremental
Revolving Credit Commitment, such covenant or provision shall also be added for the benefit of the then-existing Revolving Credit Commitments under the Loan Documents); provided that it is understood and agreed that the Replacement Revolving
Commitments may be guaranteed by Subsidiary Guarantors; 
 (vi) no existing Lender shall be required to provide any Replacement Revolving
Commitments; 
 (vii) the Replacement Revolving Commitments shall rank pari passu in right of payment and security with the existing
Revolving Credit Commitments; 
 (viii) any Loans under a Replacement Revolving Commitment will be drawn and participate in Letters of
Credit and Swingline Loans on a pro rata basis with any existing Revolving Credit Commitments. 
 (b) Each such notice shall specify
(x) the date on which the Borrower propose that the Replacement Revolving Commitments become effective, which shall be a date reasonably acceptable to the Administrative Agent and (y) the identity of the Persons (each of which shall be a
Person that would be an Eligible Assignee (for this purpose treating a Lender of Replacement Revolving Commitments as if it were an assignee)) whom the Borrowers propose would provide the Replacement Revolving Commitments (each such person, a
“Replacement Revolving Lender”) and the portion of the Replacement Revolving Commitments to be provided by each such Person. 

  
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 (c) The Replacement Revolving Commitments shall be documented by an amendment executed by
the Persons providing the Replacement Revolving Commitments, the Credit Parties and the Administrative Agent (such amendment, a “Replacement Revolving Commitments Amendment”), and such Replacement Revolving Commitment Amendment may
provide for such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 5.18. 

ARTICLE VI 
 CONDITIONS
OF CLOSING AND BORROWING 
 Section 6.1 Conditions to Closing and Initial Extensions of Credit. The obligation of the
Lenders to close this Agreement and to make the Initial Loans or issue or participate in the initial Letter of Credit, if any, is subject to the satisfaction of each of the following conditions: 

(a) Executed Loan Documents. This Agreement, a Revolving Credit Note in favor of each Revolving Credit Lender requesting a Revolving
Credit Note, a Swingline Note in favor of the Swingline Lender (in each case, if requested thereby), the Security Documents and the Subsidiary Guaranty Agreement, together with any other applicable Loan Documents, shall have been duly authorized,
executed and delivered to the Administrative Agent by the parties thereto and shall be in full force and effect. 
 (b) Closing
Certificates; Etc. The Administrative Agent shall have received each of the following in form and substance reasonably satisfactory to the Administrative Agent: 

(i) Officer’s Certificate. A certificate from a Responsible Officer of the Borrower to the effect that each of the Credit
Parties, as applicable, has satisfied each of the conditions set forth in Section 6.1(g), (h) and (i). 

(ii) Certificate of a Responsible Officer of Each Credit Party. A certificate of a Responsible Officer, secretary or assistant
secretary of each Credit Party certifying as to the incumbency and genuineness of the signature of each officer of such Credit Party executing Loan Documents to which it is a party and certifying that attached thereto is a true, correct and complete
copy of (A) the articles or certificate of incorporation or formation (or equivalent), as applicable, of such Credit Party and all amendments thereto, certified as of a recent date by the appropriate Governmental Authority in its jurisdiction
of incorporation, organization or formation (or equivalent), as applicable, (B) the bylaws or other governing document of such Credit Party as in effect on the Closing Date, (C) resolutions duly adopted by the board of directors (or other
governing body) of such Credit Party authorizing and approving the transactions contemplated hereunder and the execution, delivery and performance of this Agreement and the other Loan Documents to which it is a party, and (D) each certificate
required to be delivered pursuant to Section 6.1(b)(iii). 
 (iii) Certificates of Good Standing. Certificates as of a
recent date of the good standing of each Credit Party under the laws of its jurisdiction of incorporation, organization or formation (or equivalent), as applicable, and, to the extent requested by the Administrative Agent, each other jurisdiction
where such Credit Party is qualified to do business. 

  
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 (iv) Opinions of Counsel. Opinions of counsel to the Credit Parties addressed to the
Administrative Agent and the Lenders with respect to the Credit Parties, the Loan Documents and such other matters as the Administrative Agent shall request (which such opinions shall expressly permit reliance by permitted successors and assigns of
the Administrative Agent and the Lenders). 
 (c) Personal Property Collateral. 

(i) Filings and Recordings. The Administrative Agent shall have received all filings and recordations that are necessary to perfect the
security interests of the Administrative Agent, on behalf of the Secured Parties, in the Collateral and the Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that upon such filings and recordations
such security interests constitute valid and perfected first priority Liens thereon (subject to Permitted Liens). 
 (ii) Pledged
Collateral. The Administrative Agent shall have received (A) original stock certificates or other certificates evidencing the certificated Equity Interests pledged pursuant to the Security Documents, together with an undated stock power for
each such certificate duly executed in blank by the registered owner thereof and (B) each original promissory note pledged pursuant to the Security Documents together with an undated allonge for each such promissory note duly executed in blank
by the holder thereof. 
 (iii) Lien Search. The Administrative Agent shall have received the results of a Lien search (including a
search as to judgments, bankruptcy, tax and intellectual property matters), in form and substance reasonably satisfactory thereto, made against the Credit Parties under the UCC (or applicable judicial docket) as in effect in each jurisdiction in
which filings or recordations under the UCC should be made to evidence or perfect security interests in all assets of such Credit Party, indicating among other things that the assets of each such Credit Party are free and clear of any Lien (except
for Permitted Liens). 
 (iv) Property and Liability Insurance. The Administrative Agent shall have received, in each case in form
and substance reasonably satisfactory to the Administrative Agent, evidence of property, business interruption and liability insurance covering each Credit Party, evidence of payment of all insurance premiums for the current policy year of each
policy (with appropriate endorsements naming the Administrative Agent as lender’s loss payee on all policies for property hazard insurance and as additional insured on all policies for liability insurance), and if requested by the
Administrative Agent, copies of such insurance policies. 
 (v) Intellectual Property. The Administrative Agent shall have received
security agreements duly executed by the applicable Credit Parties for all U.S. federally registered copyrights, exclusive licenses to registered U.S. copyrights, patents, patent applications, trademarks and trademark applications included in the
Collateral, in each case in proper form for filing with the U.S. Patent and Trademark Office or U.S. Copyright Office, as applicable (the “IP Security Agreements”). 

Notwithstanding the foregoing, to the extent any security interest in any Collateral (other than security interests that may be perfected by the filing of a
financing statement under the Uniform Commercial Code) or the possession or control of the stock certificates of the Acquired Company and any of the material domestic Subsidiaries of the Borrower or the Acquired Company (with respect to the stock
certificates of the Acquired Company, to the extent received pursuant to the Acquisition Agreement on or prior to the Closing Date after Borrower using its using commercially reasonable efforts) is not or cannot be perfected on the Closing Date
after the Borrower’s use of commercially reasonable efforts to do so, then the perfection of such security interests shall not constitute a condition precedent to the closing of 

  
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this Agreement and the funding of the Initial Loans or the issuance of or participation in the initial Letters of Credit, but instead shall be required to be perfected within ninety
(90) days after the Closing Date (or such later date as may be approved by the Administrative Agent). 
 (d) Financial Matters.

 (i) Financial Statements. The Administrative Agent shall have received: 

(A) with respect to the Borrower and its Subsidiaries (prior to giving effect to the DPL Acquisition), (I) audited
consolidated balance sheets and related consolidated statements of income, shareholder’s equity and cash flows for the three (3) most recently completed Fiscal Years ended at least ninety (90) days prior to the Closing Date and (II)
unaudited consolidated balance sheets and related consolidated statements of income and cash flows for each interim fiscal quarter ended since the last audited financial statements and at least forty-five (45) days prior to the Closing Date;

 (B) with respect to the Acquired Company and its Subsidiaries, (I) audited consolidated balance sheets and related
consolidated statements of income, shareholder’s equity and cash flows for the fiscal years ended December 31, 2019 and December 31, 2020 and (II) unaudited consolidated balance sheets and related consolidated statements of income and
cash flows for the interim fiscal quarter ended on March 31, 2021; 
 (ii) [Reserved]. 

(iii) Solvency Certificate. The Borrower shall have delivered to the Administrative Agent a solvency certificate in the form
previously agreed to by the Borrower and the Revolving Credit Lenders. 
 (iv) Payment at Closing. All fees and expenses due to the
Arrangers, the Administrative Agent and the Lenders required to be paid on the Closing Date (including the fees and expenses of counsel for the Arranger and the Administrative Agent) will have been or, substantially concurrently with the Closing
Date, will be, paid. 
 (e) Miscellaneous. 

(i) PATRIOT Act, Etc. The Arrangers shall have received, at least 3 business days prior to the Closing Date, (x) all
documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including, without limitation, the PATRIOT Act, that has been requested by any
Lender, and (y) if the Borrower qualifies as a “legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership Regulation”), a certification regarding beneficial ownership with respect to the
Borrower as required by the Beneficial Ownership Regulation for each Lender that so requests (which request shall be made through the Administrative Agent); provided that, in each case, the Borrower has received a list of each such Lender and
its requests and electronic delivery requirements at least ten business days prior to the Closing Date. 
 (f) The Administrative Agent
shall have received, in form and substance reasonably satisfactory to the Administrative Agent, true and correct fully-executed copies of documentation for the DPL Acquisition and other aspects of the Transactions, including the Acquisition
Agreement (it being acknowledged by the Administrative Agent that the form and substance of the Acquisition Agreement in effect on June 25, 2021 is in form and substance reasonably satisfactory to the Administrative Agent). 

  
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 (g) The Specified Representations and the Specified Acquisition Agreement Representations
shall be true and correct in all material respects (or in all respects if already qualified by materiality or by reference to Material Adverse Effect or Company Group Material Adverse Effect). 

(h) Substantially concurrently with the closing of this Agreement and the funding of the Initial Loans or the issuance of or participation in
the initial Letters of Credit, the DPL Acquisition and the other Transactions shall have been consummated in accordance with Applicable Law and on the terms described in the Acquisition Agreement without giving effect to any waiver, modification or
consent thereunder that is materially adverse to the interests of the Administrative Agent or the Lenders (as reasonably determined by the Administrative Agent) unless approved by the Administrative Agent and the Lenders. 

(i) There shall not have occurred since June 25, 2021, a Company Group Material Adverse Effect. 

(j) The Administrative Agent shall have received a Notice of Borrowing, Letter of Credit Application, or Notice of Conversion/Continuation, as
applicable, from the Borrower in accordance with Section 2.3(a), Section 3.1(b), or Section 5.2, as applicable. 

(k) The Refinancing shall have been, or substantially concurrently with the Closing Date shall be, consummated. 

Without limiting the generality of the provisions of Section 11.3(c), for purposes of determining compliance with the conditions specified in this
Section 6.1, the Administrative Agent and each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to
or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto. 

Section 6.2 Conditions to All Extensions of Credit. Subject to Section 1.10, the obligations of the Lenders to make or
participate in any Extensions of Credit, and/or any Issuing Lender to issue or extend any Letter of Credit, in each case after the Closing Date, are subject to the satisfaction of the following conditions precedent on the relevant borrowing,
issuance or extension date: 
 (a) Continuation of Representations and Warranties. The representations and warranties contained in
this Agreement and the other Loan Documents shall be true and correct in all material respects, except for any representation and warranty that is qualified by materiality or reference to Material Adverse Effect, which such representation and
warranty shall be true and correct in all respects, on and as of such borrowing, issuance or extension date with the same effect as if made on and as of such date (except for any such representation and warranty that by its terms is made only as of
an earlier date, which representation and warranty shall remain true and correct in all material respects as of such earlier date, except for any representation and warranty that is qualified by materiality or reference to Material Adverse Effect,
which such representation and warranty shall be true and correct in all respects as of such earlier date). 
 (b) No Existing
Default. No Default or Event of Default shall have occurred and be continuing (i) on the borrowing date with respect to such Loan or after giving effect to the Loans to be made on such date or (ii) on the issuance or extension date
with respect to such Letter of Credit or after giving effect to the issuance or extension of such Letter of Credit on such date. 

  
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 (c) Notices. The Administrative Agent shall have received a Notice of Borrowing,
Letter of Credit Application, or Notice of Conversion/Continuation, as applicable, from the Borrower in accordance with Section 2.3(a), Section 3.1(b) or Section 5.2, as applicable. 

(d) New Swingline Loans/Letters of Credit. So long as any Lender is a Defaulting Lender, (i) the Swingline Lender shall not be
required to fund any Swingline Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swingline Loan and (ii) the Issuing Lenders shall not be required to issue, extend, renew or increase any Letter of
Credit unless it is satisfied that it will have no Fronting Exposure after giving effect thereto. 
 Section 6.3 [Reserved].

 ARTICLE VII 

REPRESENTATIONS AND WARRANTIES OF THE CREDIT PARTIES 

To induce the Administrative Agent and the Lenders to enter into this Agreement and to induce the Lenders to make Extensions of Credit, the
Credit Parties hereby represent and warrant to the Administrative Agent and the Lenders both before and after giving effect to the transactions contemplated hereunder, which representations and warranties shall be deemed made on the Closing Date and
as otherwise set forth in Section 6.2, that: 
 Section 7.1 Organization; Power; Qualification. Each Credit Party
(a) is duly organized, validly existing and in good standing under the laws of the jurisdiction of its incorporation or formation, (b) has the power and authority to own its Properties and to carry on its business as now being and
hereafter proposed to be conducted and (c) is duly qualified and authorized to do business in each jurisdiction in which the character of its Properties or the nature of its business requires such qualification and authorization except (other
than with respect to the Borrower in the case of clause (a) or clause (b)) where the failure to be so organized, existing, empowered, authorized, qualified or in good standing could not reasonably be expected to result
in a Material Adverse Effect. No Credit Party nor any Subsidiary thereof is an Affected Financial Institution. 
 Section 7.2
Ownership. Each Subsidiary of each Credit Party as of the Closing Date is listed on Schedule 7.2. As of the Closing Date, the capitalization of each Credit Party and its Subsidiaries consists of the number of shares, authorized, issued
and outstanding, of such classes and series, with or without par value, described on Schedule 7.2. All outstanding shares have been duly authorized and validly issued and are fully paid and nonassessable and not subject to any preemptive or
similar rights, except as described in Schedule 7.2. As of the Closing Date, there are no outstanding stock purchase warrants, subscriptions, options, securities, instruments or other rights of any type or nature whatsoever, which are
convertible into, exchangeable for or otherwise provide for or require the issuance of Equity Interests of any Credit Party or any Subsidiary thereof, except as described on Schedule 7.2. As of the Closing Date, there are no Unrestricted
Subsidiaries. 
 Section 7.3 Authorization; Enforceability. Each Credit Party has the right, power and authority and has taken
all necessary corporate and other action to authorize the execution, delivery and performance of this Agreement and each of the other Loan Documents to which it is a party in accordance with their respective terms. This Agreement and each of the
other Loan Documents have been duly executed and delivered by the duly authorized officers of each Credit Party that is a party 

  
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thereto, and each such document constitutes the legal, valid and binding obligation of each Credit Party that is a party thereto, enforceable in accordance with its terms, except as such
enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar state or federal Debtor Relief Laws from time to time in effect which affect the enforcement of creditors’ rights in general and the availability of
equitable remedies. 
 Section 7.4 Compliance of Agreement, Loan Documents and Borrowing with Laws, Etc. The execution, delivery
and performance by each Credit Party of the Loan Documents to which each such Person is a party, in accordance with their respective terms, the Extensions of Credit hereunder and the transactions contemplated hereby or thereby do not and will not,
by the passage of time, the giving of notice or otherwise, (a) require any Governmental Approval or violate any Applicable Law relating to any Credit Party or any Subsidiary thereof where the failure to obtain such Governmental Approval or such
violation could reasonably be expected to have a Material Adverse Effect, (b) conflict with, result in a breach of or constitute a default under the articles of incorporation, bylaws or other organizational documents of any Credit Party or any
Subsidiary thereof, (c) conflict with, result in a breach of or constitute a default under any indenture, agreement or other instrument to which such Person is a party or by which any of its properties may be bound or any Governmental Approval
relating to such Person which could, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, (d) result in or require the creation or imposition of any Lien upon or with respect to any property now owned or
hereafter acquired by such Person other than Permitted Liens or (e) require any consent or authorization of, filing with, or other act in respect of, an arbitrator or Governmental Authority and no consent of any other Person is required in
connection with the execution, delivery, performance, validity or enforceability of this Agreement other than (i) consents, authorizations, filings or other acts or consents for which the failure to obtain or make could not, individually or in
the aggregate, reasonably be expected to have a Material Adverse Effect, (ii) consents or filings under the UCC and (iii) filings with the United States Copyright Office and/or the United States Patent and Trademark Office. 

Section 7.5 Compliance with Law; Governmental Approvals. Each Credit Party and each Subsidiary thereof (a) has all
Governmental Approvals required by any Applicable Law for it to conduct its business, each of which is in full force and effect, is final and not subject to review on appeal and is not the subject of any pending or, to its knowledge, threatened
attack by direct or collateral proceeding, (b) is in compliance with each Governmental Approval applicable to it and in compliance with all other Applicable Laws relating to it or any of its respective properties and (c) has timely filed
all material reports, documents and other materials required to be filed by it under all Applicable Laws with any Governmental Authority and has retained all material records and documents required to be retained by it under Applicable Law, except
in each case of clauses (a), (b) or (c) where the failure to have, comply or file could not
reasonably be expected to have a Material Adverse Effect. 
 Section 7.6 Tax Returns and Payments. Each Credit Party and
each Subsidiary thereof has duly filed or caused to be filed all federal and other tax returns required by Applicable Law to have been filed, and has paid, or made adequate provision for the payment of, all federal and other Taxes upon it and its
property, income, profits and assets which are due and payable (other than any amount the validity of which is currently being contested in good faith by appropriate proceedings and with respect to which reserves in conformity with GAAP have been
provided for on the books of the relevant Credit Party), in each case except to the extent that the failure to do so could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

Section 7.7 Intellectual Property Matters. Each Credit Party and each Subsidiary thereof owns or possesses rights to use all
material licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service mark, service mark rights, trade names and other applicable intellectual property rights with
respect to the foregoing which are 

  
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reasonably necessary to conduct its business (collectively, the “IP Rights”). No event has occurred since August 1, 2019 which permits, or after notice or lapse of time or
both would permit, the revocation or termination of any such IP Rights, and no Credit Party nor any Subsidiary thereof is liable to any Person for infringement, misappropriation or violation in any material respect under Applicable Law with respect
to any such rights as a result of its current business operations. 
 Section 7.8 Environmental Matters. Except as would not
reasonably be expected to result in a Material Adverse Effect: 
 (a) Each Credit Party and each Subsidiary thereof, and their respective
owned and leased real properties and operations are and have been in compliance with all applicable Environmental Laws and Environmental Permits, and there is no contamination at, under or about such properties which could interfere with the
continued operation of such properties or impair the fair saleable value thereof; 
 (b) No Credit Party nor any Subsidiary thereof has
received any notice of, or has otherwise become subject to, any Environmental Liability, nor does any Credit Party or any Subsidiary thereof have knowledge of any basis for any such notice or liability; 

(c) No judicial proceedings or governmental or administrative action is pending, or, to the knowledge of the Borrower, threatened, under any
Environmental Law to which any Credit Party or any Subsidiary thereof is or will be named as a potentially responsible party, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other
administrative or judicial requirements outstanding under any applicable Environmental Law with respect to any Credit Party, any Subsidiary thereof, with respect to any real property owned, leased or operated by any Credit Party or any Subsidiary
thereof or operations conducted in connection therewith; and 
 (d) There has been no release, transport, storage, generation or disposal
of, or any exposure to, any of Hazardous Materials at or from any location (including any real properties owned, leased or operated by any Credit Party or any Subsidiary), in violation of or in amounts or in a manner that could give rise to
Environmental Liability. 
 Section 7.9 Employee Benefit Matters. 

(a) Each Credit Party and each ERISA Affiliate is in compliance with all applicable provisions of ERISA, the Code and the regulations and
published interpretations thereunder with respect to all Employee Benefit Plans except for any required amendments for which the remedial amendment period as defined in Section 401(b) of the Code has not yet expired and except where a failure
to so comply could not reasonably be expected to have a Material Adverse Effect. Each Employee Benefit Plan that is intended to be qualified under Section 401(a) of the Code has been determined by the IRS to be so qualified, and each trust
related to such plan has been determined to be exempt under Section 501(a) of the Code except for such plans that have not yet received determination letters but for which the remedial amendment period for submitting a determination letter has not
yet expired. No liability has been incurred by any Credit Party or any ERISA Affiliate which remains unsatisfied for any taxes or penalties assessed with respect to any Employee Benefit Plan or any Multiemployer Plan except for a liability that
could not reasonably be expected to have a Material Adverse Effect; 
 (b) As of the Closing Date, no Pension Plan has been terminated, nor
has any Pension Plan become subject to funding based benefit restrictions under Section 436 of the Code, nor has any funding waiver from the IRS been received or requested with respect to any Pension Plan, nor has any Credit Party or any ERISA
Affiliate failed to make any contributions or to pay any amounts due and owing as required by Sections 412 or 430 of the Code, Section 302 of ERISA or the terms of any Pension 

  
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Plan on or prior to the due dates of such contributions under Sections 412 or 430 of the Code or Section 302 of ERISA, nor has there been any event requiring any disclosure under
Section 4041(c)(3)(C) or 4063(a) of ERISA with respect to any Pension Plan, except in each case as could not reasonably be expected individually or in the aggregate to have a Material Adverse Effect; 

(c) Except where the failure of any of the following representations to be correct could not reasonably be expected, individually or in the
aggregate, to have a Material Adverse Effect, no Credit Party nor any ERISA Affiliate has: (i) engaged in a nonexempt prohibited transaction described in Section 406 of the ERISA or Section 4975 of the Code, (ii) incurred any
liability to the PBGC which remains outstanding other than the payment of premiums and there are no premium payments which are due and unpaid, (iii) failed to make a required contribution or payment to a Multiemployer Plan, or (iv) failed
to make a required installment or other required payment under Sections 412 or 430 of the Code; 
 (d) No Termination Event has occurred or,
to the knowledge of the Borrower, is reasonably expected to occur; 
 (e) Except where the failure of any of the following representations
to be correct could not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, no proceeding, claim (other than a benefits claim in the ordinary course of business), lawsuit and/or investigation is existing or,
to its knowledge, threatened concerning or involving (i) any employee welfare benefit plan (as defined in Section 3(1) of ERISA) currently maintained or contributed to by any Credit Party or any ERISA Affiliate, (ii) any Pension Plan
or (iii) any Multiemployer Plan. 
 (f) As of the Closing Date the Borrower is not nor will be using “plan assets” (within
the meaning of 29 CFR § 2510.3-101, as modified by Section 3(42) of ERISA) of one or more Benefit Plans in connection with the Loans, the Letters of Credit or the Commitments. 

Section 7.10 Margin Stock. The Borrower is not engaged nor will it engage, principally or as one of its important activities, in
the business of (1) purchasing or carrying margin stock (within the meaning of Regulation U of the Board of Governors of the United States Federal Reserve System) or (2) extending credit for the purpose of purchasing or carrying margin
stock, in each case of the foregoing clauses (1) and (2) in a manner that violates Regulation U of the Board of Governors of the United States Federal Reserve System, and (ii) no proceeds of any borrowings or drawings under any Letter
of Credit will be used for any purpose that violates Regulation U of the Board of Governors of the United States Federal Reserve System. 

Section 7.11 Government Regulation. No Credit Party is or is required to be registered as an “investment company” under
the Investment Company Act. 
 Section 7.12 [Reserved]. 

Section 7.13 [Reserved]. 

Section 7.14 Burdensome Provisions. No Subsidiary is party to any agreement or instrument or otherwise subject to any restriction
or encumbrance that restricts or limits its ability to make dividend payments or other distributions in respect of its Equity Interests to the Borrower or any other Subsidiary or to transfer any of its assets or properties to the Borrower or any
other Subsidiary in each case other than existing under or by reason of the Loan Documents or Applicable Law. 

  
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 Section 7.15 Financial Statements. The audited and unaudited financial
statements delivered pursuant to Section 6.1(d)(i)(A) are complete and correct and fairly present in all material respects on a Consolidated basis the assets, liabilities and financial position of the Borrower and its subsidiaries
previously (and for the avoidance of doubt including the Acquired Company from and after the audited financial statements delivered in connection with the first full fiscal year ended after the Closing Date) as at such dates, and the results of the
operations and changes of financial position for the periods then ended (other than customary year-end adjustments for unaudited financial statements and the absence of footnotes from unaudited financial statements). All such financial statements,
including the related schedules and notes thereto, have been prepared in accordance with GAAP. Such financial statements show all material indebtedness and other material liabilities, direct or contingent, of the Borrower and its respective
subsidiaries as of the date thereof, including material liabilities for taxes, material commitments, and Indebtedness, in each case, to the extent required to be disclosed under GAAP. 

Section 7.16 No Material Adverse Change. Since the Closing Date, no event has occurred or condition arisen, either individually or
in the aggregate, that could reasonably be expected to have a Material Adverse Effect. 
 Section 7.17 Solvency. The Credit
Parties and their respective subsidiaries, on a Consolidated basis, are Solvent. 
 Section 7.18 Title to Properties. As of the
Closing Date, the real property listed on Schedule 7.18 constitutes all of the real property that is owned, leased or, subleased by any Credit Party or any of its Subsidiaries. Each Credit Party and each Subsidiary thereof has such title to
the real property owned or leased by it as is necessary to the conduct of its business and valid and legal title to all of its personal property and assets, except (i) those which have been disposed of by the Credit Parties and their
Subsidiaries subsequent to such date which dispositions have been in the ordinary course of business or as otherwise expressly permitted hereunder or (ii) as could not reasonably be expected to have a Material Adverse Effect. 

Section 7.19 Litigation. Except for matters existing on the Closing Date and set forth on Schedule 7.19, there are no
actions, suits or proceedings pending nor, to the knowledge of any Credit Party, threatened against or in any other way relating adversely to or affecting any Credit Party or any Subsidiary thereof or any of their respective properties in any court
or before any arbitrator of any kind or before or by any Governmental Authority that could reasonably be expected to have a Material Adverse Effect. 

Section 7.20 Anti-Corruption Laws; Anti-Money Laundering Laws and Sanctions. 

(a) None of (i) the Borrower, any subsidiary, any of their respective directors, officers, or, to the knowledge of the Borrower or such
subsidiary, any of their respective employees or Affiliates, or (ii) any agent or representative of the Borrower or any subsidiary that will act in any capacity in connection with or benefit from the Credit Facility, (A) is a Sanctioned
Person, (B) has its assets located in a Sanctioned Country, (C) is under administrative, civil or criminal investigation for an alleged violation of, or received notice from or made a voluntary disclosure to any governmental entity
regarding a possible violation of, Anti-Corruption Laws, Anti-Money Laundering Laws or Sanctions by a governmental authority that enforces Sanctions or any Anti-Corruption Laws or Anti-Money Laundering Laws, or (D) directly or indirectly
derives revenues from investments in, or transactions with, Sanctioned Persons in violation of Applicable Law. 
 (b) Each of the Borrower
and its subsidiaries has implemented and maintains in effect policies and procedures designed to ensure compliance by the Borrower and its subsidiaries and their respective directors, officers, employees, agents and Affiliates with all
Anti-Corruption Laws, Anti- Money Laundering Laws and applicable Sanctions. 

  
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 (c) Each of the Borrower and its subsidiaries, each director, officer, and to the knowledge
of Borrower, employee, agent and Affiliate of Borrower and each such subsidiary, is in compliance with all Anti-Corruption Laws, Anti-Money Laundering Laws and applicable Sanctions in all respects. 

(d) No proceeds of any Extension of Credit have been used, directly or indirectly, by the Borrower, any of its subsidiaries or any of its or
their respective directors, officers, employees and agents in violation of Section 8.15(d). 
 Section 7.21
[Reserved]. 
 Section 7.22 [Reserved]. 

Section 7.23 Disclosure. The Borrower and/or its Subsidiaries have disclosed to the Administrative Agent and the Lenders all
agreements, instruments and corporate or other restrictions to which any Credit Party and any Subsidiary thereof are subject, and all other matters known to them, that, individually or in the aggregate, could reasonably be expected to result in a
Material Adverse Effect. No financial statement, material report, material certificate or other material written information furnished by or on behalf of any Credit Party or any Subsidiary thereof to the Administrative Agent or any Lender in
connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder (as modified or supplemented by other information furnished in writing), taken together as a whole, contains any untrue statement of a
material fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that, with respect to projected financial information, pro forma
financial information, estimated financial information and other projected or estimated information, such information was prepared in good faith based upon assumptions believed to be reasonable at the time (it being recognized by the Lenders that
projections are not to be viewed as facts and that the actual results during the period or periods covered by such projections may vary from such projections). If delivered under Section 6.1(e)(i)(y), as of the Closing Date, all of the
information included in the Beneficial Ownership Certification is true and correct. 
 ARTICLE VIII 

AFFIRMATIVE COVENANTS 

Until all of the Obligations (other than contingent indemnification obligations not then due) have been paid and satisfied in full in cash,
all Letters of Credit have been terminated or expired (or been Cash Collateralized) and the Commitments terminated, each Credit Party will, and will cause each of its Subsidiaries (or, where applicable, subsidiaries) to: 

Section 8.1 Financial Statements and Budgets. Deliver to the Administrative Agent, in form and detail satisfactory to the
Administrative Agent (which shall promptly make such information available to the Lenders in accordance with its customary practice): 
 (a)
Annual Financial Statements. As soon as practicable and in any event within ninety (90) days (or such later date as may be permitted for the filing of annual financial statements by the SEC) after the end of each Fiscal Year (commencing
with the Fiscal Year ended December 25, 2021), an audited consolidated balance sheet of the Borrower and its subsidiaries as of the close of such Fiscal 

  
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Year and audited consolidated statements of comprehensive income, shareholder’s equity and cash flows including the notes thereto, all in reasonable detail setting forth in comparative form
the corresponding figures as of the end of and for the preceding Fiscal Year and prepared in accordance with GAAP and, if applicable, containing disclosure of the effect on the financial position or results of operations of any change in the
application of accounting principles and practices during the year. Such annual consolidated financial statements shall be audited by an independent certified public accounting firm of recognized national standing acceptable to the Administrative
Agent, and accompanied by a report and opinion thereon by such certified public accountants prepared in accordance with generally accepted auditing standards that is not subject to any “going concern” or similar qualification or exception
or any qualification as to the scope of such audit or with respect to accounting principles followed by the Borrower or any of its subsidiaries not in accordance with GAAP (other than any scope qualification or any going concern qualification solely
with respect to, or resulting solely from, (1) an upcoming maturity date under the documentation governing any Indebtedness, (2) the activities, operations, financial results, assets or liabilities of any Unrestricted Subsidiaries or
(3) any prospective breach of the financial covenant (or, other than in the case of the Credit Facility or any other agreement containing a financial maintenance covenant, any such breach) under the documentation governing any Indebtedness).

 (b) Quarterly Financial Statements. As soon as practicable and in any event within forty-five (45) days (or such later date
as may be permitted for the filing of quarterly financial statements by the SEC) after the end of the first three (3) fiscal quarters of each Fiscal Year (commencing with the fiscal quarter ended September 25, 2021), an unaudited
consolidated balance sheet of the Borrower and its subsidiaries as of the close of such fiscal quarter and unaudited consolidated statements of comprehensive income and cash flows for the fiscal quarter then ended and that portion of the Fiscal Year
then ended, including the notes thereto, all in reasonable detail setting forth in comparative form the corresponding figures as of the end of and for the corresponding period in the preceding Fiscal Year and prepared by the Borrower in accordance
with GAAP and, if applicable, containing disclosure of the effect on the financial position or results of operations of any change in the application of accounting principles and practices during the period, and certified by the chief financial
officer of the Borrower to present fairly in all material respects the financial condition of the Borrower and its subsidiaries on a Consolidated basis as of their respective dates and the results of operations of the Borrower and its subsidiaries
for the respective periods then ended, subject to normal year-end adjustments and the absence of footnotes. 
 (c) Annual Business Plan
and Budget. As soon as practicable and in any event within ninety (90) days after the end of each Fiscal Year (commencing with the Fiscal Year ended December 25, 2021), an annual business plan of the Borrower and its subsidiaries for
the ensuing four (4) fiscal quarters in a manner currently created by management of the Borrower and its subsidiaries. 

Section 8.2 Certificates; Other Reports. Deliver to the Administrative Agent (which shall promptly make such information available
to the Lenders in accordance with its customary practice): 
 (a) at each time financial statements are delivered pursuant to Sections 8.1(a) or (b), a duly completed Officer’s Compliance Certificate signed by the chief
executive officer, chief financial officer, treasurer or controller of the Borrower, a report containing management’s discussion and analysis of such financial statements (which report may be contained in any periodic report which the Borrower
files with the SEC), and, at any time when there is any Unrestricted Subsidiary, a reconciliation statement or other report prepared by management and reasonably acceptable to the Administrative Agent explaining in reasonable detail the effect of
including the accounts of such Unrestricted Subsidiary in such financial statements. 

  
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 (b) [Reserved]; 

(c) [Reserved]; 
 (d) promptly
after the furnishing thereof, copies of any statement or report furnished to any holder of Indebtedness of any Credit Party or any Subsidiary thereof in excess of the Threshold Amount pursuant to the terms of any indenture, loan or credit or similar
agreement; 
 (e) promptly after the assertion or occurrence thereof, notice of any action or proceeding against or of any noncompliance by
any Credit Party or any subsidiary thereof with any Environmental Law that could reasonably be expected to have a Material Adverse Effect; 

(f) promptly after the same are available, copies of each annual report, proxy or financial statement or other report or communication sent to
the stockholders of the Borrower, and copies of all annual, regular, periodic and special reports and registration statements which the Borrower may file or be required to file with the SEC under Section 13 or 15(d) of the Exchange Act, or with
any national securities exchange, and in any case not otherwise required to be delivered to the Administrative Agent pursuant hereto; 
 (g)
promptly, and in any event within five (5) Business Days after receipt thereof by any Credit Party or any subsidiary thereof, copies of each notice or other correspondence received from the SEC (or comparable agency in any applicable non-U.S.
jurisdiction) concerning any investigation or possible investigation or other inquiry by such agency regarding financial or other operational results of any Credit Party or any subsidiary thereof; 

(h) promptly upon the request thereof, such other information and documentation required under applicable “know your customer” rules
and regulations, the PATRIOT Act or any applicable Anti-Money Laundering Laws or Anti-Corruption Laws, in each case as from time to time reasonably requested by the Administrative Agent or any Lender; and 

(i) such other information regarding the operations, business affairs and financial condition of any Credit Party or any subsidiary thereof as
the Administrative Agent or any Lender may reasonably request. 
 Documents required to be delivered pursuant to Section 8.1(a) or
(b) or Section 8.2(f) (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date
(i) on which the Borrower posts such documents, or provides a link thereto on the Borrower’s website on the Internet at the website address listed in Section 12.1; or (ii) on which such documents are posted on the
Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided that:
(i) upon a written request, the Borrower shall deliver paper copies of such documents to the Administrative Agent or any Lender that requests the Borrower to deliver such paper copies and (ii) the Borrower shall notify the Administrative
Agent and each Lender (by facsimile or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions of such documents. Except for such Officer’s Compliance Certificates,
the Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request for
delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 

  
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 The Borrower hereby acknowledges that (a) the Administrative Agent and/or the Arrangers will make
available to the Lenders and the Issuing Lenders materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on the Platform and
(b) certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive material non-public information with respect to the Borrower or its securities) (each, a “Public Lender”). The
Borrower hereby agrees that it will use commercially reasonable efforts to identify that portion of the Borrower Materials that may be distributed to the Public Lenders and that (w) all such Borrower Materials shall be clearly and conspicuously
marked “PUBLIC” which, at a minimum, means that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the
Administrative Agent, the Arrangers, the Issuing Lenders and the Lenders to treat such Borrower Materials as not containing any material non-public information (although it may be sensitive and proprietary) with respect to the Borrower or its
securities for purposes of United States Federal and state securities laws (provided, however, that to the extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 12.10);
(y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Investor;” and (z) the Administrative Agent and the Arrangers shall be entitled to treat
any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Investor.” 

Section 8.3 Notice of Litigation and Other Matters. Promptly (but in no event later than ten (10) days after any Responsible
Officer of any Credit Party obtains knowledge thereof) notify the Administrative Agent in writing of (which shall promptly make such information available to the Lenders in accordance with its customary practice): 

(a) the occurrence of any Default or Event of Default; 

(b) the commencement of all proceedings and investigations by or before any Governmental Authority and all actions and proceedings in any
court or before any arbitrator against or involving any Credit Party or any subsidiary thereof or any of their respective properties, assets or businesses in each case that if adversely determined could reasonably be expected to result in a Material
Adverse Effect; and 
 (c) (i) any unfavorable determination letter from the IRS regarding the qualification of an Employee Benefit
Plan under Section 401(a) of the Code (along with a copy thereof), (ii) all notices received by any Credit Party or any ERISA Affiliate of the PBGC’s intent to terminate any Pension Plan or to have a trustee appointed to administer
any Pension Plan, (iii) all notices received by any Credit Party or any ERISA Affiliate from a Multiemployer Plan sponsor concerning the imposition or amount of withdrawal liability pursuant to Section 4202 of ERISA and (iv) the
Borrower obtaining knowledge or reason to know that any Credit Party or any ERISA Affiliate has filed or intends to file a notice of intent to terminate any Pension Plan under a distress termination within the meaning of Section 4041(c) of
ERISA. 
 Each notice pursuant to Section 8.3 shall be accompanied by a statement of a Responsible Officer of the Borrower
setting forth details of the occurrence referred to therein and stating what action the Borrower has taken and proposes to take with respect thereto. Each notice pursuant to Section 8.3(a) shall describe with particularity any and all
provisions of this Agreement and any other Loan Document that have been breached. 
 Section 8.4 Preservation of Corporate Existence
and Related Matters. Except as permitted by Section 9.4, preserve and maintain its separate corporate existence or equivalent form and all rights, 

  
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franchises, licenses and privileges necessary to the conduct of its business, and qualify and remain qualified as a foreign corporation or other entity and authorized to do business in each
jurisdiction in which the failure to so qualify could reasonably be expected to have a Material Adverse Effect. 
 Section 8.5
Maintenance of Property and Licenses. 
 (a) In addition to the requirements of any of the Security Documents, except as such action
or inaction could not reasonably be expected to result in a Material Adverse Effect, (i) maintain, protect and preserve all Properties, including copyrights, patents, trade names, service marks and trademarks; (ii) maintain in good working
order and condition, ordinary wear and tear excepted, all buildings, equipment and other tangible real and personal property; and (iii) from time to time make or cause to be made all repairs, renewals and replacements thereof and additions to
such Property necessary for the conduct of its business, so that the business carried on in connection therewith may be conducted in a commercially reasonable manner. 

(b) Maintain, in full force and effect in all material respects, each and every license, permit, certification, qualification, approval or
franchise issued by any Governmental Authority required for each of them to conduct their respective businesses as presently conducted, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. 

Section 8.6 Insurance. Maintain insurance with financially sound and reputable insurance companies against at least such risks and
in at least such amounts as are customarily maintained by similar businesses and as may be required by Applicable Law and as are required by any Security Documents (including, without limitation, hazard and business interruption insurance, but not
flood insurance except to the extent required by Applicable Law). All such insurance shall, (a) to the extent agreed by such insurance company after the Borrower’s use of commercially reasonable efforts, provide that no cancellation or
material modification thereof shall be effective until at least thirty (30) days after receipt by the Administrative Agent of written notice thereof and, in any event provide that no cancellation or material modification thereof shall be
effective until at least five (5) days after receipt by the Administrative Agent of written notice thereof, (b) name the Administrative Agent as an additional insured party thereunder and (c) in the case of each casualty insurance
policy, name the Administrative Agent as lender’s loss payee or mortgagee, as applicable. On the Closing Date and from time to time thereafter deliver to the Administrative Agent upon its request information in reasonable detail as to the
insurance then in effect, stating the names of the insurance companies, the amounts and rates of the insurance, the dates of the expiration thereof and the properties and risks covered thereby. 

Section 8.7 Accounting Methods and Financial Records. Maintain a system of accounting, and keep proper books, records and accounts
(which shall be accurate and complete in all material respects) as may be required or as may be necessary to permit the preparation of financial statements in accordance with GAAP and in compliance with the regulations of any Governmental Authority
having jurisdiction over it or any of its Properties. 
 Section 8.8 Payment of Taxes. With respect to the Borrower and the
Subsidiaries, pay and discharge all Taxes that may be levied or assessed upon it or any of its Property, except where the failure to pay or discharge such Taxes could not, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. 

  
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 Section 8.9 Compliance with Laws and Approvals. With respect to the Borrower and
the Subsidiaries, observe and remain in compliance with all Applicable Laws and maintain in full force and effect all Governmental Approvals, in each case applicable to the conduct of its business except where the failure to do so could not
reasonably be expected to have a Material Adverse Effect. 
 Section 8.10 Environmental Laws. With respect to the Borrower and
the Subsidiaries, in addition to and without limiting the generality of Section 8.9, (a) comply with, and ensure such compliance by all tenants and subtenants with all applicable Environmental Laws, including obtaining, maintaining
and complying with all tenants and subtenants, if any, obtain and comply with and maintain, any and all licenses, approvals, notifications, registrations or permits required by applicable Environmental Laws and (b) conduct and complete all
investigations, studies, sampling and testing, and all remedial, removal and other actions required under Environmental Laws, and promptly comply with all lawful orders and directives of any Governmental Authority regarding Environmental Laws;
except where the failure to perform such item described in clause (a) or (b) of this Section could not reasonably be expected to have a Material Adverse Effect. 

Section 8.11 Compliance with ERISA. With respect to the Borrower and the Subsidiaries, in addition to and without limiting the
generality of Section 8.9, (a) except where the failure to so comply could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, (i) comply with applicable provisions of ERISA, the
Code and the regulations and published interpretations thereunder with respect to all Employee Benefit Plans, (ii) not take any action or fail to take action the result of which could reasonably be expected to result in a liability to the PBGC
or to a Multiemployer Plan other than for PBGC premiums due but not yet delinquent, (iii) not participate in any non-exempt prohibited transaction that could reasonably be expected to result in any civil penalty under ERISA or tax under the
Code and (iv) operate each Employee Benefit Plan in such a manner that will not incur any tax liability under Section 4980B of the Code or any liability to any qualified beneficiary as defined in Section 4980B of the Code and
(b) furnish to the Administrative Agent upon the Administrative Agent’s request such additional information about any Employee Benefit Plan as may be reasonably requested by the Administrative Agent. 

Section 8.12 Transactions with Affiliates. Refrain from directly or indirectly entering into any transaction, including, without
limitation, any purchase, sale, lease or exchange of Property, the rendering of any service or the payment of any management, advisory or similar fees, with (a) any officer, director, holder of any Equity Interests in, or other Affiliate of,
the Borrower or any of its Subsidiaries or (b) any Affiliate of any such officer, director or holder, other than: 
 (i) transactions
permitted by Sections 9.1, 9.3, 9.4, 9.5, and 9.6; 
 (ii) transactions existing on the Closing Date and
described on Schedule 8.12; 
 (iii) transactions among Credit Parties not prohibited hereunder; 

(iv) other transactions in the ordinary course of business on terms as favorable as would be obtained by it on a comparable arm’s-length
transaction with an independent, unrelated third party as determined in good faith by the board of directors (or equivalent governing body) of the Borrower; 

  
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 (v) employment and severance arrangements (including equity incentive plans and employee
benefit plans and arrangements) with their respective officers and employees in the ordinary course of business; and 
 (vi) payment of
customary fees and reasonable out of pocket costs to, and indemnities for the benefit of, directors, officers and employees of the Borrower and its Subsidiaries in the ordinary course of business to the extent attributable to the ownership or
operation of the Borrower and its Subsidiaries. 
 Section 8.13 Visits and Inspections. Permit representatives of the
Administrative Agent or any Lender, from time to time upon prior reasonable notice (which shall be not less than 24 hours, except as expressly provided below) and at such times during normal business hours, all at the expense of the Borrower, to
visit and inspect its properties; inspect, audit and make extracts from its books, records and files, including, but not limited to, management letters prepared by independent accountants; and discuss with its principal officers, and its independent
accountants, its business, assets, liabilities, financial condition, results of operations and business prospects; provided that excluding any such visits and inspections during the continuation of an Event of Default, the Administrative Agent shall
not exercise such rights more often than one (1) time during any calendar year at the Borrower’s expense; provided further that upon the occurrence and during the continuance of an Event of Default, the Administrative Agent or any Lender
may do any of the foregoing at the expense of the Borrower at any time without advance notice. The Borrower shall have the right to have one or more employees or representatives accompany the Administrative Agent, any Lender or their respective
representatives during any visits, inspections or access. All visits, inspections and access shall be conducted in such a way so as to minimize, to the greatest practical extent, any interference with the use or operation of the respective
properties. Notwithstanding anything to the contrary in this Section 8.13, during any such access the Administrative Agent, each Lender and their respective representatives shall observe and comply with all of the Borrower’s
commercially reasonable safety, security and other similar rules at any of its respective properties. Without limiting the foregoing, the Borrower shall not be required to disclose, grant access to, permit inspection of or discuss any document,
information or other matter (i) that constitutes non-financial trade secrets or non-financial proprietary information, (ii) the disclosure of which is prohibited by applicable laws, rules or regulations, or (iii) that is subject to
the attorney-client privilege or that constitutes attorney work product. 
 Section 8.14 Additional Subsidiaries. 

(a) Additional Subsidiaries. (x) Promptly notify the Administrative Agent of (i) the creation or acquisition (including by
division) of a Person that becomes a Domestic Subsidiary and (ii) any Domestic Subsidiary that is an Excluded Subsidiary failing to constitute an Excluded Subsidiary and, within forty-five (45) days after such event, as such time period
may be extended by the Administrative Agent in its sole discretion, cause such Domestic Subsidiary (other than an Excluded Subsidiary) to (A) become a Subsidiary Guarantor by delivering to the Administrative Agent a duly executed supplement to
the Subsidiary Guaranty Agreement or such other document as the Administrative Agent shall deem appropriate for such purpose, (B) except during a Collateral Release Period, grant a security interest in substantially all assets of such
Subsidiary (subject to the exceptions specified in the Collateral Agreement) by delivering to the Administrative Agent a duly executed supplement to each applicable Security Document or such other document as the Administrative Agent may reasonably
request for such purpose and cause such Domestic Subsidiary to comply with the terms of each applicable Security 

  
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Document, as so supplemented, and to deliver the documents and take such action as may be required to perfect such security interest (subject to exceptions specified in the Collateral Agreement),
(C) deliver to the Administrative Agent such opinions, documents and certificates of the type referred to in Section 6.1(b) as may be reasonably requested by the Administrative Agent and (D) except during a Collateral Release
Period, if the Equity Interests constituting Collateral that are owned by such Subsidiary are certificated, deliver to the Administrative Agent such original certificated Equity Interests or other certificates and stock or other transfer powers
evidencing the Equity Interests of such Person, and (y) deliver or cause to be delivered to the Administrative Agent such updated Schedules to the Loan Documents as requested by the Administrative Agent with respect to such Subsidiary, all in
form, content and scope reasonably satisfactory to the Administrative Agent and except during a Collateral Release Period, cause the Credit Party that owns the Equity Interests of such Subsidiary constituting Collateral that are certificated to
deliver to the Administrative Agent such original certificated Equity Interests or other certificates and stock or other transfer powers evidencing the Equity Interests of such Subsidiary. 

(b) Additional First Tier Foreign Subsidiaries and CFC Holdcos. In each case, subject to the limitation set forth in
clause (d) below, notify the Administrative Agent promptly after any Person becomes a First Tier Foreign Subsidiary or a CFC Holdco, and, except during a Collateral Release Period, promptly thereafter (and, in any event, within
sixty (60) days after such notification, as such time period may be extended by the Administrative Agent in its sole discretion), cause (i) the applicable Credit Party to deliver to the Administrative Agent Security Documents pledging
sixty-five percent (65%) of the total outstanding voting Equity Interests (and one hundred percent (100%) of any non-voting Equity Interests) of any such new First Tier Foreign Subsidiary that is a CFC or any such CFC Holdco and 100% of
the Equity Interests of any First Tier Foreign Subsidiary that is not a CFC and a consent thereto executed by such new First Tier Foreign Subsidiary (including, without limitation, if applicable, original certificated Equity Interests (or the
equivalent thereof pursuant to the Applicable Laws and practices of any relevant foreign jurisdiction) evidencing the Equity Interests of such new First Tier Foreign Subsidiary or CFC Holdco, as applicable, together with an appropriate undated stock
or other transfer power for each certificate duly executed in blank by the registered owner thereof), (ii) such Person to deliver to the Administrative Agent such opinions, documents and certificates of the type referred to in
Section 6.1(b) as may be reasonably requested by the Administrative Agent, (iii) such Person to deliver to the Administrative Agent such updated Schedules to the Loan Documents as requested by the Administrative Agent with regard to
such Person and (iv) such Person to deliver to the Administrative Agent such other documents as may be reasonably requested by the Administrative Agent, all in form, content and scope reasonably satisfactory to the Administrative Agent. 

(c) Merger Subsidiaries. Notwithstanding the foregoing, to the extent any new Subsidiary is created solely for the purpose of
consummating a merger transaction pursuant to a Permitted Acquisition, and such new Subsidiary at no time holds any assets or liabilities other than any merger consideration contributed to it contemporaneously with the closing of such merger
transaction, such new Subsidiary shall not be required to take the actions set forth in Section 8.14(a) or (b), as applicable, until the consummation of such Permitted Acquisition (at which time, the surviving entity of the
respective merger transaction shall be required to so comply with Section 8.14(a) or (b), as applicable, within ten (10) Business Days of the consummation of such Permitted Acquisition, as such time period may be extended by the
Administrative Agent in its sole discretion). 
 (d) Exclusions. The provisions of this Section 8.14 (solely to the
extent relating to Collateral) shall not apply to assets as to which the Administrative Agent and the Borrower shall reasonably determine that the costs and burdens of obtaining a security interest therein or perfection thereof outweigh the value of
the security afforded thereby. 

  
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 (e) [Reserved.] 

(f) Subsidiaries Providing Credit Support. Notwithstanding anything in this Section to the contrary, any Subsidiary that provides a
guarantee, except during a Collateral Release Period, a pledge of its assets or any other credit support of any kind for any Incremental Equivalent Debt shall take all actions required of Domestic Subsidiaries that are to become Subsidiary
Guarantors pursuant to clause (a) of this Section. 
 Section 8.15 Use of Proceeds. 

(a) The Borrower shall use the proceeds of the Extensions of Credit under the Revolving Credit Facility and the Swingline
Facility for (x) working capital and general corporate purposes of the Borrower and its Subsidiaries and (y) with respect to such proceeds of Extensions of Credit under the Revolving Credit Facility on the Closing Date, to finance the
Transactions and pay fees and expenses in connection therewith; provided that no more than $375,000,000 of Revolving Credit Loans may be borrowed on the Closing Date. 

(b) [Reserved.] 
 (c) The
Borrower shall use the proceeds of any Incremental Term Loan and any Incremental Revolving Credit Increase as permitted pursuant to Section 5.13, as applicable. 

(d) The Borrower will not request any Extension of Credit, and the Borrower shall not use, and shall ensure that its Subsidiaries and its or
their respective directors, officers, employees and agents shall not use, directly or knowingly indirectly the proceeds of any Extension of Credit, directly or indirectly, (i) in furtherance of an offer, payment, promise to pay, or
authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws or Anti-Money Laundering Laws, (ii) for the purpose of funding, financing or facilitating any activities,
business or transaction of or with any Sanctioned Person, or in any Sanctioned Country, in violation of Applicable Law, or (iii) in any manner that would otherwise result in the violation of any Sanctions applicable to any party hereto. 

Section 8.16 Compliance with Anti-Corruption Laws; Beneficial Ownership Regulation, Anti- Money Laundering Laws and Sanctions. The
Borrower will (a) maintain in effect and enforce policies and procedures designed to ensure compliance by the Borrower, its subsidiaries and their respective directors, officers, employees and agents with all Anti-Corruption Laws, Anti-Money
Laundering Laws and applicable Sanctions, (b) notify the Administrative Agent and each Lender that previously received a Beneficial Ownership Certification (or a certification that the Borrower qualifies for an express exclusion to the
“legal entity customer” definition under the Beneficial Ownership Regulation) of any change in the information provided in the Beneficial Ownership Certification that would result in a change to the list of beneficial owners identified
therein (or, if applicable, the Borrower ceasing to fall within an express exclusion to the definition of “legal entity customer” under the Beneficial Ownership Regulation) and (c) promptly upon the reasonable request of the
Administrative Agent or any Lender, provide the Administrative Agent or directly to such Lender, as the case may be, any information or documentation requested by it for purposes of complying with the Beneficial Ownership Regulation. 

Section 8.17 Further Assurances. Execute any and all further documents, financing statements, agreements and instruments, and take
all such further actions (including the filing and recording of financing statements and other documents), which may be required under any Applicable Law, or which the Administrative Agent or the Required Lenders may reasonably request, to
effectuate 

  
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the transactions contemplated by the Loan Documents or, except during a Collateral Release Period, to grant, preserve, protect or perfect the Liens created or intended to be created by the
Security Documents or the validity or priority of any such Lien, all at the expense of the Credit Parties. The Borrower also agrees to provide to the Administrative Agent, from time to time upon the reasonable request by the Administrative Agent,
evidence reasonably satisfactory to the Administrative Agent as to the perfection and priority of the Liens created or intended to be created by the Security Documents. 

Section 8.18 Lines of Business. Engage to any material extent only in businesses conducted by the Borrower and its Subsidiaries as
of the Closing Date and business activities reasonably related, incidental, complementary or ancillary thereto or that are reasonable extensions thereof (the “Permitted Business”). 

Section 8.19 Fiscal Year End. Maintain the Fiscal Year end that it has as of the Closing Date. 

Section 8.20 Collateral Reinstatement. Notwithstanding Section 11.10(ii), if, after a Collateral Trigger Date occurs, the
Collateral Release Period shall automatically terminate and all Collateral and Security Documents, and all Liens granted or purported to be granted therein, released pursuant to Section 11.10(ii) or otherwise in connection with the
occurrence of the Collateral Release Date shall be automatically reinstated on the same terms as of the Collateral Trigger Date and the Credit Parties shall take all actions and deliver all documents (collectively, the “New Security
Documents”) reasonably requested by the Administrative Agent to create and perfect the Liens of the Administrative Agent in such Collateral, in form and substance reasonably satisfactory to the Administrative Agent, within 90 days of such
Collateral Trigger Date (or such longer period as the Administrative Agent may agree in its reasonable discretion). 
 Section 8.21
Post-Closing Actions. The Borrower agrees that it will, or will cause its relevant Subsidiaries to, complete each of the actions described on Schedule 8.21 as soon as commercially reasonable and by no later than 45 days following the
Closing Date (or such later date as the Administrative Agent may agree in its sole discretion). 
 ARTICLE IX 

NEGATIVE COVENANTS 
 Until
all of the Obligations (other than contingent, indemnification obligations not then due) have been paid and satisfied in full in cash, all Letters of Credit have been terminated or expired (or been Cash Collateralized) and the Commitments
terminated, the Credit Parties will not, and will not permit any of their respective Subsidiaries to: 
 Section 9.1
Indebtedness. Create, incur, assume or suffer to exist any Indebtedness except: 
 (a) the Obligations; 

(b) Indebtedness (i) owing under Hedge Agreements entered into in order to manage existing or anticipated interest rate, exchange rate or
commodity price risks and not for speculative purposes and (ii) owing under Secured Cash Management Agreements; 

  
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 (c) Indebtedness existing on the Closing Date and listed on Schedule 9.1, and any
Permitted Refinancing Indebtedness in respect thereof in excess of $1,000,000; 
 (d) Attributable Indebtedness with respect to Capital
Lease Obligations and Indebtedness incurred in connection with purchase money Indebtedness in an aggregate principal amount at any time outstanding not to exceed the greater of (x) $50,000,000 and (y) 20.00% of LTM EBITDA; 

(e) Indebtedness of a Person existing at the time such Person became a Subsidiary or assets were acquired from such Person in connection with
an Investment permitted pursuant to Section 9.3; provided that (i) such Indebtedness was not incurred in connection with, or in contemplation of, such Person becoming a Subsidiary or the acquisition of such assets,
(ii) neither the Borrower nor any Subsidiary thereof (other than such Person or any other Person that such Person merges with or that acquires the assets of such Person) shall have any liability or other obligation with respect to such
Indebtedness, (iii) the Administrative Agent shall have received satisfactory written evidence that the Borrower would be in compliance with the financial covenants set forth in Section 9.13 on a Pro Forma Basis after giving effect
to the incurrence any such Indebtedness and (iv) the sum of (I) such Indebtedness incurred by Non-Guarantor Subsidiaries under this Section 9.1(e) and (II) any Indebtedness incurred by Non-Guarantor Subsidiaries under
Section 9.1(r) shall not exceed an aggregate principal amount at any time outstanding equal to the greater of (x) $50,000,000 and (y) 20.00% of LTM EBITDA; 

(f) Indebtedness secured by real property of the Borrower and/or one or more of its Subsidiaries in an aggregate principal amount at any time
outstanding not to exceed the greater of (x) $75,000,000 and (y) 30.00% of LTM EBITDA; 
 (g) (i) Guarantees by any Credit Party
of Indebtedness of any other Credit Party not otherwise prohibited pursuant to this Section 9.1 and (ii) Guarantees by any Credit Party of Indebtedness of any Non-Guarantor Subsidiary to the extent permitted pursuant to
Section 9.3 (other than clause (h) thereof); provided further that any Guarantee of Permitted Refinancing Indebtedness shall only be permitted if it meets the requirements of the definition of “Permitted Refinancing Indebtedness”; 

(h) unsecured intercompany Indebtedness: 

(i) owed by any Credit Party to another Credit Party; 

(ii) owed by any Credit Party to any Non-Guarantor Subsidiary (provided that such Indebtedness shall be subordinated to the
Obligations in a manner reasonably satisfactory to the Administrative Agent); 
 (iii) owed by any Non-Guarantor Subsidiary to any other
Non-Guarantor Subsidiary; and 
 (iv) owed by any Non-Guarantor Subsidiary to any Credit Party to the extent permitted pursuant to
Section 9.3; 
 (i) Indebtedness arising from the honoring by a bank or other financial institution of a check, draft or other
similar instrument drawn against insufficient funds in the ordinary course of business; 
 (j) [Reserved]; 

  
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 (k) Indebtedness under performance guarantees and bonds, customs bonds, surety bonds,
release, appeal and similar bonds, statutory obligations or with respect to workers’ compensation claims, in each case incurred in the ordinary course of business, and reimbursement obligations in respect of any of the foregoing; 

(l) Indebtedness of Foreign Subsidiaries and Non-Guarantor Subsidiaries in an aggregate principal amount at any time outstanding not to exceed
the greater of (x) $50,000,000 and (y) 20.00% of LTM EBITDA; 
 (m) Indebtedness under Permitted Receivables Facilities incurred in the
ordinary course of business or consistent with past practices; 
 (n) Indebtedness in the form of secured or unsecured notes and/or term
loans (and/or commitments in respect thereof) issued or incurred by the Borrower or any Subsidiary Guarantor in lieu of Incremental Term Loans (such notes or loans, “Incremental Equivalent Debt”); provided that, subject,
where applicable, to Section 1.10, (i) the original principal amount of such Incremental Equivalent Debt to be incurred shall not: (a) exceed the Incremental Facilities Limit (determined after giving effect to all Incremental
Loans, Incremental Loan Commitments and Incremental Equivalent Debt incurred or established in reliance on the relevant clauses of Incremental Facilities Limit), (b) in the case such Incremental Equivalent Debt is secured by a Lien on the
Collateral that is junior in priority to the Lien on the Collateral securing the Obligations, exceed the principal amount of Indebtedness permitted to be incurred pursuant to clause (III) of the Incremental Facilities Limit (after replacing
the reference to “2.75 to 1.00” in such clause (III) therein with “3.25 to 1.00”) or (c) in the case of unsecured Incremental Equivalent Debt, without netting the proceeds of such Incremental Equivalent Debt, cause
the Borrower to not be in compliance with Section 9.13(b) as of the last day of the most recent Reference Period (after giving effect to such Incremental Equivalent Debt and all Incremental Equivalent Debt, Incremental Loan Commitments,
Incremental Term Loans and Incremental Revolving Credit Increases and Incremental Revolving Credit Commitments previously incurred or established and assuming, for such purposes, that any such Incremental Revolving Credit Commitments and Incremental
Revolving Credit Increases have been fully drawn and funded); provided further that (A) any Incremental Equivalent Debt shall not be incurred or guaranteed by any Subsidiaries of the Borrower that are not Subsidiary Guarantors,
(B) in the case of any such secured Incremental Equivalent Debt (1) such Indebtedness is not secured by any assets that are not Collateral and (2) such indebtedness is subject to a Customary Intercreditor Agreement, (C) the terms
and conditions of such Indebtedness (excluding pricing, interest rate margins, discounts, premiums, rate floors, delayed draw mechanics, currency types and denominations, prepayment or redemption terms or provisions, fees and (subject to clause (2D) below) maturity and amortization schedule, which shall be determined by the Borrower, and except for covenants and other provisions applicable only to periods after the Latest Maturity Date), at the option
of the Borrower, shall (x) reflect market terms and conditions (taken as a whole) at the time of incurrence, issuance or effectiveness, as the case may be (as determined in good faith by the Borrower), (y) not be materially more
restrictive to the Borrower and its Subsidiaries (when taken as a whole) than the terms and conditions of the Loan Documentations (when taken as a whole) or (z) be reasonably satisfactory to the
Administrative Agent (it being understood that to the extent that any covenant or provision is added for the benefit of any such Indebtedness, the terms and conditions of such indebtedness will be deemed not to be more restrictive than the terms and
conditions of the Loan Documents if such covenant or provision is also added to the Loan Documents) and (D) except with respect to any Incremental Equivalent Debt consisting of a customary bridge facility (so long as the Indebtedness
outstanding under any such customary bridge facility is automatically converted into or exchanged for long-term Indebtedness that satisfies the immediately succeeding requirements as to maturity date and Weighted Average Life to Maturity and any
such conversion or exchange is subject only to customary conditions), the maturity date of any such Incremental Equivalent Debt shall be no earlier than the Latest Maturity Date, the Weighted Average

  
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Life to Maturity of any such Incremental Equivalent Debt shall not be shorter than the then remaining Weighted Average Life to Maturity of the Revolving Credit Facility and such Incremental
Equivalent Debt shall not have any mandatory prepayment or redemption features (other than customary asset sale events, insurance and condemnation proceeds events, change of control offers or events of default and, in the case of loans, excess cash
flow sweeps) that could result in prepayments or redemptions of such indebtedness prior to the Latest Maturity Date (provided that this clause (D) shall not prevent this incurrence of an Incremental Equivalent Debt if the proceeds
thereof are placed into escrow and only permitted to be released upon certain conditions and such Incremental Equivalent Debt is prepayable if such conditions are not
satisfied)); and any Permitted Refinancing Indebtedness in respect of the Indebtedness referred to in this
clause (n); 
 (o) Indebtedness in an amount equal to the aggregate Net Cash Proceeds of issuances of Qualified Equity
Interests of the Borrower, except to the extent such Net Cash Proceeds have been used for the Cumulative Available Amount; 
 (p)
Indebtedness in the form of earn-out obligations in an aggregate principal amount at any time outstanding not to exceed $50,000,000; 
 (q)
Indebtedness of any Credit Party or any Subsidiary thereof not otherwise permitted pursuant to this Section 9.1 in an aggregate principal amount at any time outstanding not to exceed the greater of (x) $100,000,000 and
(y) 40.00% of LTM EBITDA; and 
 (r) (A) unsecured Indebtedness of any Credit Party or any Subsidiary thereof not otherwise
permitted pursuant to this Section, in an aggregate principal amount, so long as (i) no Specified Event of Default has occurred or is continuing resulting therefrom, (ii) on a Pro Forma Basis, the Borrower is in compliance with
Section 9.13 (without, when determining such compliance, netting the proceeds of such Indebtedness) and (iii) such unsecured Indebtedness satisfies the requirements of Section 9.1(n)(D) above as if such Indebtedness were
Incremental Equivalent Debt, and (B) any Permitted Refinancing Indebtedness in respect of the Indebtedness referred to in the immediately preceding clause (A); provided the sum of (I) such Indebtedness incurred by Non-Guarantor
Subsidiaries under this Section 9.1(r) and (II) any Indebtedness incurred by Non-Guarantor Subsidiaries under Section 9.1(e) shall not exceed an aggregate principal amount at any time outstanding equal to the greater of (x)
$50,000,000 and (y) 20.00% of LTM EBITDA; 
 (s) Indebtedness of any Credit Party that is secured by a Lien on the Collateral that is
junior to the Lien on the Collateral securing the Obligations; provided that (A) the Secured Net Leverage Ratio of the Borrower is less than or equal to 3.25 to 1.00 on a Pro Forma Basis after giving effect thereto (but in
calculating the Secured Net Leverage Ratio when determining the permissibility of any incurrence of Indebtedness pursuant to this Section 9.1(s), excluding any proceeds of such Indebtedness to be incurred pursuant to clause
(ii) of the definition of “Secured Net Leverage Ratio”), (B) such Indebtedness meets the requirements of Section 9.1(n)(A), (B) and (D) above as if such Indebtedness were Incremental
Equivalent Debt and (C) such Indebtedness shall be subject to a Customary Intercreditor Agreement. For the avoidance of doubt, any original issue discount or upfront fee or accreted value thereof will not be deemed to be Indebtedness pursuant
to this Section 9.1(s); and 
 (t) to the extent constituting Indebtedness, all obligations under that certain Nonqualified
Deferred Compensation Plan of the Borrower filed as Exhibit 10.1 to the Borrower’s Current Report on Form 8-K filed on February 11, 2011 and any similar deferred compensation plan that replaces such plan. 

  
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 The Borrower shall be permitted to allocate and reallocate any Indebtedness (other than the
Obligations) among any combination of applicable categories in this Section 9.1 upon and at any time after the original incurrence thereof. The accrual of interest, the accretion of accreted value and the payment of interest on any
Indebtedness to the extent such payment of interest is in the form of additional amounts of such Indebtedness on which such interest is being so paid shall not be deemed to be an incurrence of Indebtedness for purposes of this
Section 9.1; provided that in each case the amount of such interest and/or accreted value shall be included in the calculation of “Consolidated Interest Expense” to the extent required by the definition of such term. 

Section 9.2 Liens. Create, incur, assume or suffer to exist, any Lien on or with respect to any of its Property, whether now owned
or hereafter acquired, except: 
 (a) Liens created pursuant to the Loan Documents (including, without limitation, Liens in favor of the
Swingline Lender and/or the Issuing Lenders, as applicable, on Cash Collateral granted pursuant to the Loan Documents); 
 (b) Liens in
existence on the Closing Date and described on Schedule 9.2, and the replacement, renewal or extension thereof (including Liens incurred, assumed or suffered to exist in connection with any Permitted Refinancing Indebtedness permitted
pursuant to Section 9.1(c) (solely to the extent that such Liens were in existence on the Closing Date and described on Schedule 9.2)); provided that the scope of any such Lien shall not be increased, or otherwise expanded,
to cover any additional property (except in the case of a replacement property subject to a replacement lease) or type of asset, as applicable, beyond that in existence on the Closing Date, except for products and proceeds of the foregoing; 

(c) Liens for taxes, assessments and other governmental charges or levies (excluding any Lien imposed pursuant to any of the provisions of
ERISA or Environmental Laws) (i) not yet due and payable or as to which the period of grace (not to exceed thirty (30) days), if any, related thereto has not expired or (ii) which are being contested in good faith and by appropriate
proceedings if adequate reserves are maintained to the extent required by GAAP; 
 (d) the claims of materialmen, mechanics, carriers,
warehousemen, processors or landlords for labor, materials, supplies or rentals incurred in the ordinary course of business, which (i) are not overdue for a period of more than thirty (30) days, or if more than thirty (30) days
overdue, no action has been taken to enforce such Liens and such Liens are being contested in good faith and by appropriate proceedings if adequate reserves are maintained to the extent required by GAAP and (ii) do not, individually or in the
aggregate, materially impair the use thereof in the operation of the business of the Borrower or any of its Subsidiaries; 
 (e) deposits or
pledges made in the ordinary course of business in connection with, or to secure payment of, obligations under workers’ compensation, unemployment insurance and other types of social security or similar legislation, or to secure the performance
of bids, trade contracts and leases (other than Indebtedness), statutory obligations, surety bonds (other than bonds related to judgments or litigation), performance bonds, customs bonds and other obligations of a like nature incurred in the
ordinary course of business, in each case, so long as no foreclosure sale or similar proceeding has been commenced with respect to any portion of the Collateral on account thereof; 

(f) encumbrances or other matters in the nature of zoning restrictions, easements and rights or restrictions of record on the use of real
property, which in the aggregate are not substantial in amount or which do not, in any case, materially impair the use thereof in the ordinary conduct of business; 

  
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 (g) Liens arising from the filing of precautionary UCC financing statements relating solely
to personal property leased pursuant to Operating Leases entered into in the ordinary course of business of the Borrower and its Subsidiaries; 

(h) Liens securing Indebtedness permitted under Section 9.1(d); provided that (i) such Liens shall be created
substantially simultaneously with the acquisition, repair, construction, improvement or lease, as applicable, of the related Property, (ii) such Liens do not at any time encumber any property other than the Property financed or improved by such
Indebtedness, (iii) the amount of Indebtedness secured thereby is not increased and (iv) the principal amount of Indebtedness secured by any such Lien shall at no time exceed one hundred percent (100%) of the original price for the
purchase, repair, construction, improvement or lease amount (as applicable) of such Property at the time of purchase, repair, construction, improvement or lease (as applicable); 

(i) Liens securing judgments for the payment of money not constituting an Event of Default under Section 10.1(m) or securing
appeal or other surety bonds relating to such judgments; 
 (j) Liens on Property (i) of any Subsidiary which are in existence at the
time that such Subsidiary is acquired pursuant to a Permitted Acquisition and (ii) of the Borrower or any of its Subsidiaries existing at the time such tangible property or tangible assets are purchased or otherwise acquired by the Borrower or
such Subsidiary thereof pursuant to a transaction permitted pursuant to this Agreement; provided that, with respect to each of the foregoing clauses (i) and (ii), (A) such Liens are not incurred in connection with, or
in anticipation of, such Permitted Acquisition, purchase or other acquisition, (B) such Liens are applicable only to specific Property, (C) such Liens are not “blanket” or all asset Liens, (D) such Liens do not attach to any
other Property of the Borrower or any of its Subsidiaries and (E) the Indebtedness secured by such Liens is permitted under Section 9.1(e) of this Agreement; 

(k) Liens on assets of Foreign Subsidiaries and Non-Guarantor Subsidiaries; provided that (i) such Liens do not extend to, or
encumber, assets that constitute Collateral or the Equity Interests of the Borrower or any of the Subsidiaries, and (ii) such Liens extending to the assets of any Foreign Subsidiary or Non-Guarantor Subsidiary secure only Indebtedness incurred
by such Foreign Subsidiary or such Non-Guarantor Subsidiary, as applicable, pursuant to Section 9.1(c), (e), (l) or (o); 

(l) (i) Liens of a collecting bank arising in the ordinary course of business under Section 4210 of the Uniform Commercial Code in
effect in the relevant jurisdiction and (ii) Liens of any depositary bank in connection with statutory, common law and contractual rights of setoff and recoupment with respect to any deposit account of the Borrower or any Subsidiary thereof;

 (m) (i) contractual or statutory Liens of landlords to the extent relating to the property and assets relating to any lease
agreements with such landlord, and (ii) contractual Liens of suppliers (including sellers of goods) or customers granted in the ordinary course of business to the extent limited to the property or assets relating to such contract; 

(n) any interest or title of a licensor, sublicensor, lessor or sublessor with respect to any assets under any license or lease agreement
entered into in the ordinary course of business which do not (i) secure any Indebtedness; 

  
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 (o) Liens on real property securing Indebtedness permitted under Section 9.1(f);

 (p) Liens on the Collateral securing Indebtedness incurred pursuant to Section 9.1(s); 

(q) Liens on Receivables Related Assets created in connection with Permitted Receivables Facilities permitted under
Section 9.1(m); and 
 (r) Liens not otherwise permitted hereunder on assets other than the Collateral securing Indebtedness or
other obligations in the aggregate principal amount at any time outstanding not to exceed the greater of (x) $100,000,000 and (y) 40.00% of LTM EBITDA. 

The Borrower shall be permitted to allocate and reallocate any Liens (other than Liens securing the Obligations) among any combination of
applicable categories in this Section 9.2 upon and at any time after the original creation thereof. Any Liens in respect of the accrual of interest, the accretion of accreted value and the payment of interest on any Indebtedness to the
extent such payment of interest is in the form of additional amounts of such Indebtedness on which such interest is being so paid shall not be deemed to be an incurrence of Indebtedness for purposes of this Section 9.1; provided that in
each case the amount of such interest and/or accreted value shall be included in the calculation of “Consolidated Interest Expense” to the extent required by the definition of such term. 

Section 9.3 Investments. Make any Investment, except: 

(a) Investments: 
 (i)
existing on the Closing Date in Subsidiaries existing on the Closing Date; 
 (ii) (A) existing on the Closing Date (other than
Investments in Subsidiaries existing on the Closing Date), (B) required to be made to effectuate the Transactions or (C) described on Schedule 9.3; 

(iii) made after the Closing Date by any Credit Party in any other Credit Party; 

(iv) made after the Closing Date by any Non-Guarantor Subsidiary in any other Non-Guarantor Subsidiary; 

(v) made after the Closing Date by any Non-Guarantor Subsidiary in any Credit Party; and 

(vi) made after the Closing Date by any Credit Party in any Non-Guarantor Subsidiary in an aggregate amount at any time outstanding not to
exceed the greater of (x) $50,000,000 and (y) 20.00% of LTM EBITDA (provided that any Investments in the form of loans or advances made by any Credit Party to any Non-Guarantor Subsidiary pursuant to this clause
(v) shall be evidenced by a demand note in form and substance reasonably satisfactory to the Administrative Agent and shall be pledged and delivered to the Administrative Agent pursuant to the Security Documents); 

(b) Investments in cash and Cash Equivalents; 

  
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 (c) Investments by the Borrower or any Subsidiary consisting of Capital Expenditures on
behalf of Borrower or such Subsidiary, respectively, permitted by this Agreement; 
 (d) deposits made in the ordinary course of business to
secure the performance of leases or other obligations as permitted by Section 9.2; 
 (e) Hedge Agreements permitted pursuant to
Section 9.1; (f) purchases of assets in the ordinary course of business; 
 (g) Investments by the Borrower or any
Subsidiary thereof in the form of Permitted Acquisitions; 
 (h) Investments in the form of loans and advances to officers, directors and
employees in the ordinary course of business in an aggregate amount not to exceed at any time outstanding $2,500,000 (determined without regard to any writedowns or write-offs of such loans or advances); 

(i) Investments in the form of Restricted Payments permitted pursuant to Section 9.6; 

(j) Guarantees (i) permitted pursuant to Section 9.3(a), (k), (p), (q) or (r), (ii) of
Subsidiaries to the extent such Guarantees are not of Indebtedness for borrowed money and are granted in the ordinary course of business consistent with past practice, and (iii) to the extent constituting Investments, of performance under
customary performance guarantees; 
 (k) Investments in joint ventures or Unrestricted Subsidiaries; provided that the aggregate
amount of all such Investments shall not at any time exceed the greater of (x) $50,000,000 and (y) 20.00% of LTM EBITDA; 
 (l)
Investments in Subsidiaries in connection with internal reorganizations and/or restructurings and activities related to legal entity rationalization initiatives; provided that, after giving effect to any such reorganization, restructuring or
activity, neither the value of the Guarantees under the Subsidiary Guaranty Agreement, taken as a whole, is materially reduced, nor the security interest of the Administrative Agent in the Collateral, taken as a whole, is materially impaired (as
reasonably determined by the Borrower); 
 (m) Investments (including debt obligations) received in connection with the bankruptcy or
reorganization of customers or suppliers and in settlement of delinquent obligations of, and other disputes with, customers or suppliers arising in the ordinary course of business; 

(n) Investments consisting of notes receivable of, or other credit extensions to, customers and suppliers who are not Affiliates of the
Borrower arising in the ordinary course of business; 
 (o) Investments of Receivables Related Assets in Receivables Subsidiaries made in
connection with a Permitted Receivables Facility; 
 (p) Investments not otherwise permitted pursuant to this Section 9.3 in an
aggregate amount at any time outstanding not to exceed the greater of (x) $125,000,000 and (y) 50.00% of LTM EBITDA; provided that, subject to Section 1.10, immediately before and immediately after giving pro
forma effect to any such Investments and any Indebtedness incurred in connection therewith, no Default or Event of Default shall have occurred and be continuing; 

  
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 (q) Investments not otherwise permitted pursuant to this Section 9.3 in an
aggregate amount not to exceed the Cumulative Available Amount; and 
 (r) so long as (i) the Total Net Leverage Ratio calculated on a
Pro Forma Basis shall be less than or equal to 3.25 to 1.00 and
(ii) no Specified Event of Default shall have occurred and be continuing or result therefrom, Investments not otherwise permitted pursuant to this Section 9.3. 

For purposes of determining the amount of any Investment outstanding for purposes of this Section 9.3, such amount shall be deemed to be the
amount of such Investment when made, purchased or acquired (without adjustment for subsequent increases or decreases in the value of such Investment) less any amount realized in respect of such Investment upon the sale, collection or return of
capital (not to exceed the original amount invested). The Borrower shall be permitted to allocate and reallocate any Investment among any combination of applicable categories in this Section 9.3 upon and at any time after the original
making thereof. 
 Section 9.4 Fundamental Changes. Merge, consolidate or enter into any similar combination with, or enter into
any Asset Disposition of all or substantially all of its assets (whether in a single transaction or a series of transactions) with, any other Person or liquidate, wind-up or dissolve itself (or suffer any liquidation or dissolution) except: 

(a) (i) any Wholly-Owned Subsidiary of the Borrower may be merged, amalgamated or consolidated with or into the Borrower (provided
that the Borrower shall be the continuing or surviving entity) or (ii) any Wholly-Owned Subsidiary of the Borrower may be merged, amalgamated or consolidated with or into any Subsidiary Guarantor (provided that the Subsidiary Guarantor
shall be the continuing or surviving entity or simultaneously with such transaction, the continuing or surviving entity shall become a Subsidiary Guarantor and the Borrower shall comply with Section 8.14 in connection therewith); 

(b) (i) any Non-Guarantor Subsidiary that is a Foreign Subsidiary may be merged, amalgamated or consolidated with or into, or be
liquidated into, any other Non-Guarantor Subsidiary and (ii) any Non-Guarantor Subsidiary that is a Domestic Subsidiary may be merged, amalgamated or consolidated with or into, or be liquidated into, any other Non-Guarantor Subsidiary that is a
Domestic Subsidiary; 
 (c) any Subsidiary may dispose of all or substantially all of its assets (upon voluntary liquidation, dissolution,
winding up or otherwise) to the Borrower or any Subsidiary Guarantor; provided that, with respect to any such disposition by any Non-Guarantor Subsidiary, the consideration for such disposition shall not exceed the fair value of such assets;

 (d) (i) any Non-Guarantor Subsidiary that is a Foreign Subsidiary may dispose of all or substantially all of its assets (upon
voluntary liquidation, dissolution, winding up or otherwise) to any other Non-Guarantor Subsidiary and (ii) any Non-Guarantor Subsidiary that is a Domestic Subsidiary may dispose of all or substantially all of its assets (upon voluntary
liquidation, dissolution, winding up or otherwise) to any other Non-Guarantor Subsidiary that is a Domestic Subsidiary; 
 (e) Asset
Dispositions permitted by Section 9.5 (other than clause (b) thereof); 

  
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 (f) any Wholly-Owned Subsidiary of the Borrower may merge with or into the Person such
Wholly-Owned Subsidiary was formed to acquire in connection with any acquisition permitted hereunder (including, without limitation, any Permitted Acquisition permitted pursuant to Section 9.3(g)); provided that in the case of any
merger involving a Wholly-Owned Subsidiary that is a Domestic Subsidiary, (i) a Subsidiary Guarantor shall be the continuing or surviving entity or (ii) simultaneously with such transaction, the continuing or surviving entity shall become
a Subsidiary Guarantor and the Borrower shall comply with Section 8.14 in connection therewith; and 
 (g) any Person may merge
into the Borrower or any of its Wholly-Owned Subsidiaries in connection with a Permitted Acquisition permitted pursuant to Section 9.3(g); provided that (i) in the case of a merger involving the Borrower or a Subsidiary
Guarantor, the continuing or surviving Person shall be the Borrower or such Subsidiary Guarantor and (ii) the continuing or surviving Person shall be the Borrower or a Wholly-Owned Subsidiary of the Borrower. 

Section 9.5 Asset Dispositions. Make any Asset Disposition except: 

(a) the sale of inventory in the ordinary course of business; 

(b) the transfer of assets to the Borrower or any Subsidiary Guarantor pursuant to any other transaction permitted pursuant to
Section 9.4; 
 (c) (i) the write-off, discount, sale or other disposition of defaulted or past-due receivables and similar
obligations in the ordinary course of business and not undertaken as part of an accounts receivable financing transaction and (ii) the sale or other disposition of Receivables Related Assets in connection with a Permitted Receivables Facility
permitted under Section 9.1(m); 
 (d) the disposition or unwinding of any Hedge Agreement; 

(e) dispositions of Investments in cash and Cash Equivalents; 

(f) the transfer by any Credit Party of its assets to any other Credit Party; 

(g) the transfer by any Non-Guarantor Subsidiary of its assets to any Credit Party (provided that in connection with any new transfer,
such Credit Party shall not pay more than an amount equal to the fair market value of such assets as determined in good faith at the time of such transfer); 

(h) the transfer by any Non-Guarantor Subsidiary of its assets to any other Non- Guarantor Subsidiary 

(i) the sale or other disposition of obsolete, worn-out or surplus assets no longer used or usable in the business of the Borrower or any of
its Subsidiaries; 
 (j) non-exclusive licenses and sublicenses of intellectual property rights in the ordinary course of business; 

(k) leases, subleases, licenses or sublicenses of real or personal property granted by the Borrower or any of its Subsidiaries to others in
the ordinary course of business not detracting in any material respect from the value of such real or personal property or interfering in any material respect with the business of the Borrower or any of its Subsidiaries; 

  
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 (l) Asset Dispositions in connection with Insurance and Condemnation Events; 

(m) Asset Dispositions not otherwise permitted pursuant to this Section 9.5; provided that the aggregate amount of all
property disposed of in reliance on this clause (m) during any Fiscal Year shall not exceed the greater of (x) $25,000,000 and (y) 10.00% of LTM EBITDA; 

(n) Asset Dispositions not otherwise permitted pursuant to this Section 9.5; provided that if the fair market value of such
Asset Disposition is in excess of $25,000,000, (x) the consideration received shall be no less than seventy-five (75%) in cash or shall convert to cash or Cash Equivalents within 180 days from receipt or (y) if the consideration
received shall be less than seventy-five (75%) in cash or Cash Equivalents or shall not convert to cash or Cash Equivalents within 180 days from receipt, in an aggregate amount of up to $20,000,000 at any one time outstanding; and 

(o) Asset Dispositions pursuant to Sale Leaseback Transactions not otherwise permitted pursuant to this Section 9.5 in an
aggregate amount (measured by the fair market value (as reasonably determined in good faith by the Borrower) of the real property subject thereto) for all such Sale Leaseback Transactions in the aggregate since the Closing Date not exceeding
$75,000,000. 
 Section 9.6 Restricted Payments. Declare or pay any Restricted Payments; provided that: 

(a) so long as no Default or Event of Default has occurred and is continuing or would result therefrom, the Borrower or any of its
Subsidiaries may pay dividends in shares of its own Qualified Equity Interests on a ratable basis to holders of its Equity Interests (and may pay cash in lieu of fractional Qualified Equity Interests); 

(b) any Subsidiary of the Borrower may pay cash dividends to the Borrower or any Subsidiary Guarantor (and, if applicable, to other holders of
its outstanding Qualified Equity Interests on a pro rata basis); 
 (c) (i) any Non-Guarantor Subsidiary that is a Domestic
Subsidiary may make Restricted Payments to any other Non-Guarantor Subsidiary that is a Domestic Subsidiary (and, if applicable, to other holders of its outstanding Equity Interests on a ratable basis) and
(ii) any Non-Guarantor Subsidiary that is a Foreign Subsidiary may make Restricted Payments to any other Non-Guarantor Subsidiary (and, if applicable, to other holders of its outstanding Equity Interests
on a ratable basis); 
 (d) the Borrower or any of its Subsidiaries may redeem, retire or otherwise acquire shares of its Equity Interests
or options or other equity or phantom equity in respect of its Equity Interests from present or former officers, employees, directors or consultants (or their family members or trusts or other entities for the benefit of any of the foregoing) or
make severance payments to such Persons in connection with the death, disability or termination of employment or consultancy of any such officer, employee, director or consultant in an aggregate amount not to exceed $10,000,000 in any Fiscal Year
(plus any unused amount from any preceding Fiscal Years with any unused amounts to be deemed to be used prior to any amounts from the current Fiscal Year) (inclusive of but not limited to repurchases under any 401(k) plan); 

(e) the Borrower may pay regularly scheduled dividends and board approved share repurchases in respect of its common Equity Interests in an
aggregate amount of up to the greater of (i) 6.0% of the Borrower’s market capitalization per Fiscal Year and (ii) $200,000,000 in any Fiscal Year; 

  
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 (f) so long as (i) the Total Net Leverage Ratio calculated on a Pro Forma Basis is less
than or equal to 3.00 to 1.00 and (ii) no Event of Default
has occurred and is continuing or would result therefrom, the Borrower or any of its Subsidiaries may declare or make any Restricted Payments; 

(g) so long as no Event of Default has occurred and is continuing or would result therefrom, the Borrower or any of its Subsidiaries may make
other Restricted Payments in an aggregate amount not to exceed the greater of (x) $25,000,000 and (y) 10.00% of LTM EBITDA during the term of this Agreement; and 

(h) the Borrower or any of its Subsidiaries may make any Restricted Payment declared on a date on which such Restricted Payment was permitted
under this Agreement if such Restricted Payment is made in accordance with the terms of such declaration on a date within sixty (60) days after the date of such declaration. 

Section 9.7 [Reserved]. 

Section 9.8 [Reserved]. 

Section 9.9 [Reserved]. 

Section 9.10 [Reserved]. 

Section 9.11 [Reserved]. 

Section 9.12 [Reserved]. 

Section 9.13 Financial Covenants. With respect,
in the case of this Section 9.13, to the Revolving Credit Facility only (and sSubject to
Section 
1.13)1.13
: 
 (a) Minimum Consolidated Interest Coverage Ratio. As of the last day of any
Reference Period ending after the Closing Date, permit the Consolidated Interest Coverage Ratio for such Reference Period to be less than 2.00 to 1.00. 

(b) Maximum Total Net Leverage Ratio. As of the last day of any Reference Period ending after the Closing Date, permit the Total Net
Leverage Ratio to be greater than 4.00 to 1.00; provided that, solely with respect to this Section 9.13(b), upon the consummation of a Qualified Acquisition, the then applicable Total Net Leverage Ratio shall increase to 4.50 to
1.00 as of the end of the Reference Period in which such Qualified Acquisition is consummated and as of the end of the immediately following three (3) Reference Periods ending thereafter. 

ARTICLE X 
 DEFAULT AND
REMEDIES 
 Section 10.1 Events of Default. Each of the following shall constitute an Event of Default: 

(a) Default in Payment of Principal of Loans and Reimbursement Obligations. The Borrower or any other Credit Party shall default in any
payment of principal of any Loan or Reimbursement Obligation when and as due (whether at maturity, by reason of acceleration or otherwise). 

  
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 (b) Other Payment Default. The Borrower shall default in the payment when and as due
(whether at maturity, by reason of acceleration or otherwise) of interest on (i) any Loan or Reimbursement Obligation and such default shall continue for a period of five (5) Business Days or (ii) the payment of any other Obligation
and such default shall continue for a period of ten (10) Business Days. 
 (c) Misrepresentation. Any representation, warranty,
certification or statement of fact made or deemed made by or on behalf of any Credit Party or any Subsidiary thereof in this Agreement, in any other Loan Document, or in any document delivered in connection herewith or therewith that is subject to
materiality or Material Adverse Effect qualifications, shall be incorrect or misleading in any respect when made or deemed made or any representation, warranty, certification or statement of fact made or deemed made by or on behalf of any Credit
Party or any Subsidiary thereof in this Agreement, any other Loan Document, or in any document delivered in connection herewith or therewith that is not subject to materiality or Material Adverse Effect qualifications, shall be incorrect or
misleading in any material respect when made or deemed made; provided that if any such misrepresentation is capable of being cured, an Event of Default due to such misrepresentation shall not occur until 30 days after such misrepresentation has
occurred. 
 (d) Default in Performance of Certain Covenants. Any Credit Party or any Subsidiary thereof shall default in the
performance or observance of any covenant or agreement contained in Section 8.3(a), 8.4 (in the case of Section 8.4, to the extent relating to the Borrower only and not any Subsidiary) or Article IX;
provided that a Default or an Event of Default with respect to Section 9.13 shall not apply to any Incremental Term Loan or Incremental Term Loan Commitments unless all amounts under the Revolving Credit Facility have been declared due
and payable and the Revolving Credit Commitments under the Revolving Credit Facility have been terminated, in each case as a result of such violation or breach of Section 9.13. 

(e) Default in Performance of Other Covenants and Conditions. Any Credit Party or any Subsidiary thereof shall default in the
performance or observance of any term, covenant, condition or agreement contained in this Agreement (other than as specifically provided for in this Section 10.1) or any other Loan Document and such default shall continue for a period of
thirty (30) days after the earlier of (i) the Administrative Agent’s delivery of written notice thereof to the Borrower and (ii) a Responsible Officer of any Credit Party having obtained knowledge thereof. 

(f) Indebtedness Cross-Default. Any Credit Party or any Subsidiary thereof shall (i) default in the payment of any Indebtedness
(other than the Loans or any Reimbursement Obligation) the aggregate principal amount (including undrawn committed or available amounts), or with respect to any Hedge Agreement, the Hedge Termination Value, of which is in excess of the Threshold
Amount beyond the period of grace if any, provided in the instrument or agreement under which such Indebtedness was created, or (ii) default in the observance or performance of any other agreement or condition relating to any Indebtedness
(other than the Loans or any Reimbursement Obligation) the aggregate principal amount (including undrawn committed or available amounts), or with respect to any Hedge Agreement, the Hedge Termination Value, of which is in excess of the Threshold
Amount or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of
such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice and/or lapse of time, if required, any such Indebtedness to (A) become due, or to be repurchased, prepaid, defeased or redeemed
(automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity (any applicable grace period having expired) or (B) be cash collateralized. 

  
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 (g) [Reserved.] 

(h) Change in Control. Any Change in Control shall occur. 

(i) Voluntary Bankruptcy Proceeding. Any Credit Party or any Subsidiary thereof shall (i) commence a voluntary case under any
Debtor Relief Laws, (ii) file a petition seeking to take advantage of any Debtor Relief Laws, (iii) consent to or fail to contest in a timely and appropriate manner any petition filed against it in an involuntary case under any Debtor
Relief Laws, (iv) apply for or consent to, or fail to contest in a timely and appropriate manner, the appointment of, or the taking of possession by, a receiver, custodian, trustee, or liquidator of itself or of a substantial part of its
property, domestic or foreign, (v) admit in writing its inability to pay its debts as they become due, (vi) make a general assignment for the benefit of creditors, or (vii) take any corporate action for the purpose of authorizing any
of the foregoing. 
 (j) Involuntary Bankruptcy Proceeding. A case or other proceeding shall be commenced against any Credit Party or
any Material Subsidiary thereof in any court of competent jurisdiction seeking (i) relief under any Debtor Relief Laws, or (ii) the appointment of a trustee, receiver, custodian, liquidator or the like for any Credit Party or any
Subsidiary thereof or for all or any substantial part of their respective assets, domestic or foreign, and such case or proceeding shall continue without dismissal or stay for a period of sixty (60) consecutive days, or an order granting the
relief requested in such case or proceeding (including, but not limited to, an order for relief under such federal bankruptcy laws) shall be entered. 

(k) Failure of Agreements. Any provision of the Subsidiary Guaranty Agreement (to the extent relating to a material Subsidiary
Guarantor) shall for any reason cease to be valid and binding on such Subsidiary Guarantor or any such Subsidiary Guarantor shall so state in writing, or any Loan Document shall for any reason, except during a Collateral Release Period, cease to
create a valid and perfected first priority Lien (subject to Permitted Liens) on, or security interest in, any of the Collateral purported to be covered thereby, in each case other than in accordance with the express terms hereof or thereof. 

(l) ERISA Events. The occurrence of any of the following events: (i) any Credit Party or any ERISA Affiliate fails to make full
payment when due of all amounts which, under the provisions of any Pension Plan or Sections 412 or 430 of the Code, any Credit Party or any ERISA Affiliate is required to pay as contributions thereto and such unpaid amounts are in excess of an
amount that could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, (ii) a Termination Event or (iii) any Credit Party or any ERISA Affiliate makes a complete or partial withdrawal from any
Multiemployer Plan and the Multiemployer Plan notifies such Credit Party or ERISA Affiliate that such entity has incurred a withdrawal liability requiring payments in excess of an amount that could reasonably be expected, individually or in the
aggregate, to have a Material Adverse Effect. 
 (m) Judgment. One or more final judgments, orders or decrees shall be entered
against any Credit Party or any Subsidiary thereof by any court and continues without having been discharged, vacated or stayed for a period of thirty (30) consecutive days after the entry thereof and such judgments, orders or decrees are
either (i) for the payment of money, individually or in the aggregate (to the extent not paid or covered by insurance as to which the relevant insurance company has acknowledged coverage), in an amount equal to or in excess of the Threshold
Amount or (ii) for injunctive relief and could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect. 

  
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 Section 10.2 Remedies. Upon the occurrence and during the continuance of an
Event of Default, the Administrative Agent may, or upon the request of the Required Lenders (or, to the extent set forth below, the Required
Revolving/TLA
 Lenders or Required Revolving Credit Lenders), the Administrative Agent shall, by notice to the Borrower: 

(a) Acceleration; Termination of Credit Facility. Terminate the Commitment and declare the principal of and interest on the Loans and
the Reimbursement Obligations at the time outstanding, and all other amounts owed to the Lenders and to the Administrative Agent under this Agreement or any of the other Loan Documents and all other Obligations, to be forthwith due and payable,
whereupon the same shall immediately become due and payable without presentment, demand, protest or other notice of any kind, all of which are expressly waived by each Credit Party, anything in this Agreement or the other Loan Documents to the
contrary notwithstanding, and terminate the Credit Facility and any right of the Borrower to request borrowings or Letters of Credit thereunder; provided that (A) upon the occurrence of an Event of Default specified in
Section 10.1(i) or (j), the Credit Facility shall be automatically terminated and all Obligations shall automatically become due and payable without presentment, demand, protest or other notice of any kind, all of which are
expressly waived by each Credit Party, anything in this Agreement or in any other Loan Document to the contrary notwithstanding and (B) to the extent that such Event of Default shall have arisen from a breach of failure to comply with
Section 9.13 (and no other Event of Default is then occurring or continuing), the actions described in this Section 10.2(a) shall only be permitted to be taken with the consent of the Required Revolving Credit/TLA Lenders and the Required Lenders shall not otherwise have any rights to direct such actions to be taken. 

(b) Letters of Credit. With respect to all Letters of Credit with respect to which presentment for honor shall not have occurred at the
time of an acceleration pursuant to the preceding paragraph, at the request of the Required Revolving Credit Lenders and not at the demand or request of the Required Lenders, demand that the Borrower deposit in a Cash Collateral account opened by
the Administrative Agent an amount equal to one hundred and two (102%) of the aggregate then undrawn and unexpired amount of such Letters of Credit; provided, however, that the obligation to provide such deposits shall become due
and payable, without presentment, demand, protest or other notice of any kind, upon the occurrence of an Event of Default specified in Section 10.1(i) or (j). Amounts held in such Cash Collateral account shall be applied by the
Administrative Agent to the payment of drafts drawn under such Letters of Credit, and the unused portion thereof after all such Letters of Credit shall have expired or been fully drawn upon, if any, shall be applied to repay the other Secured
Obligations in accordance with Section 10.4. After all such Letters of Credit shall have expired or been fully drawn upon, the Reimbursement Obligation shall have been satisfied and all other Secured Obligations shall have been paid in
full, the balance, if any, in such Cash Collateral account shall be returned to the Borrower. 
 (c) General Remedies. Exercise on
behalf of the Secured Parties all of its other rights and remedies under this Agreement, the other Loan Documents and Applicable Law, in order to satisfy all of the Secured Obligations. 

(d) Rescission. (I) Any action taken under Section 10.2(a) due to the continuance of an Event of Default (other than
(A) an Event of Default that has arisen under Section 10.1(i) or 10.1(j) or (B) that has arisen from a failure to comply or a breach of Section 9.13) may be rescinded with the written consent of the Required
Lenders and (II) any action taken under Section 10.2(a) due to the continuance of an Event of Default that has arisen from a failure to comply with or a breach of Section 9.13 may be rescinded with the written consent of
only the Required Revolving
Credit/TLA Lenders. 

  
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 Section 10.3 Rights and Remedies Cumulative; Non-Waiver; Etc. 

(a) The enumeration of the rights and remedies of the Administrative Agent and the Lenders set forth in this Agreement is not intended to be
exhaustive and the exercise by the Administrative Agent and the Lenders of any right or remedy shall not preclude the exercise of any other rights or remedies, all of which shall be cumulative, and shall be in addition to any other right or remedy
given hereunder or under the other Loan Documents or that may now or hereafter exist at law or in equity or by suit or otherwise. No delay or failure to take action on the part of the Administrative Agent or any Lender in exercising any right, power
or privilege shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege or shall be
construed to be a waiver of any Event of Default. No course of dealing between the Borrower, the Administrative Agent and the Lenders or their respective agents or employees shall be effective to change, modify or discharge any provision of this
Agreement or any of the other Loan Documents or to constitute a waiver of any Event of Default. 
 (b) Notwithstanding anything to the
contrary contained herein or in any other Loan Document, the authority to enforce rights and remedies hereunder and under the other Loan Documents against the Credit Parties or any of them shall be vested exclusively in, and all actions and
proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the Administrative Agent in accordance with Section 10.2 for the benefit of all the Lenders and the Issuing Lenders;
provided that the foregoing shall not prohibit (a) the Administrative Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the
other Loan Documents, (b) any Issuing Lender or the Swingline Lender from exercising the rights and remedies that inure to its benefit (solely in its capacity as an Issuing Lender or Swingline Lender, as the case may be) hereunder and under the
other Loan Documents, (c) any Lender from exercising setoff rights in accordance with Section 12.4 (subject to the terms of Section 5.6), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on
its own behalf during the pendency of a proceeding relative to any Credit Party under any Debtor Relief Law; and provided further that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan
Documents, then (i) the Required Lenders shall have the rights otherwise ascribed to the Administrative Agent pursuant to Section 10.2 and (ii) in addition to the matters set forth in clauses (b), (c) and
(d) of the preceding proviso and subject to Section 5.6, any Lender may, with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders. 

Section 10.4 Crediting of Payments and Proceeds. In the event that the Obligations have been accelerated pursuant to
Section 10.2 or the Administrative Agent or any Lender has exercised any remedy set forth in this Agreement or any other Loan Document, all payments received on account of the Secured Obligations and all net proceeds from the enforcement
of the Secured Obligations shall, subject to the provisions of Sections 5.14 and 5.15, be applied by the Administrative Agent as follows: 

(a) First, to payment of that portion of the Secured Obligations constituting fees, indemnities, expenses and other amounts, including
attorney fees, payable to the Administrative Agent in its capacity as such; 
 (b) Second, to payment of that portion of the Secured
Obligations constituting fees (other than Commitment Fees and Letter of Credit fees payable to the Revolving Credit Lenders), indemnities and other amounts (other than principal and interest) payable to the Lenders, the Issuing Lenders and the
Swingline Lender under the Loan Documents, including attorney fees, ratably among the Lenders, the Issuing Lenders and the Swingline Lender in proportion to the respective amounts described in this clause (b) payable to them; 

  
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 (c) Third, to payment of that portion of the Secured Obligations constituting accrued
and unpaid Commitment Fees, Letter of Credit fees payable to the Revolving Credit Lenders and interest on the Loans and Reimbursement Obligations, ratably among the Lenders, the Issuing Lenders and the Swingline Lender in proportion to the
respective amounts described in this clause (c) payable to them; 
 (d) Fourth, to payment of that portion of the Secured
Obligations constituting unpaid principal of the Loans and Reimbursement Obligations and Secured Hedge Obligations and Secured Cash Management Obligations then owing and to Cash Collateralize any L/C Obligations then outstanding, ratably among
holders of such obligations in proportion to the respective amounts described in this clause (d); and 
 (e) Last, the balance, if
any, after all of the Secured Obligations have been paid in full, to the Borrower or as otherwise required by Applicable Law. 

Notwithstanding the foregoing, Secured Cash Management Obligations and Secured Hedge Obligations shall be excluded from the application
described above if the Administrative Agent has not received written notice thereof, together with such supporting documentation as the Administrative Agent may request, from the applicable holders thereof following such acceleration or exercise of
remedies and at least three (3) Business Days prior to the application of the proceeds thereof. Each holder of Secured Cash Management Obligations or Secured Hedge Obligations that, in either case, is not a party to this Agreement that has
given the notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of Article XI for itself and its Affiliates as if a
“Lender” party hereto. 
 Section 10.5 Administrative Agent May File Proofs of Claim. In case of the pendency of any
proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Credit Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or
by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on any Credit Party) shall be entitled and empowered (but not obligated) by intervention in such proceeding or otherwise: 

(a) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, L/C Obligations and
all other Secured Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the Issuing Lenders and the Administrative Agent (including any claim for the
reasonable compensation, expenses, disbursements and advances of the Lenders, the Issuing Lenders and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the Issuing Lenders and the Administrative
Agent under Sections 3.1(j), 5.3 and 12.3) allowed in such judicial proceeding; and 
 (b) to collect and receive any
monies or other property payable or deliverable on any such claims and to distribute the same; 
 (c) and any custodian, receiver, assignee,
trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender and each Issuing Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent
shall consent to the making of such payments directly to the Lenders and the Issuing Lenders, to 

  
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pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts
due the Administrative Agent under Sections 3.1(j), 5.3 and 12.3. 
 Section 10.6 [Reserved]. 

Section 10.7 [Reserved]. 

ARTICLE XI 
 THE
ADMINISTRATIVE AGENT 
 Section 11.1 Appointment and Authority. 

(a) Each of the Lenders and each Issuing Lender hereby irrevocably appoints Bank of America to act on its behalf as the Administrative Agent
hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such
actions and powers as are reasonably incidental thereto. The provisions of this Article XI are solely for the benefit of the Administrative Agent, the Lenders and the Issuing Lenders, and neither the Borrower nor any other Credit Party shall
have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Loan Documents (or any other similar term) with reference to the Administrative 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 as a matter of market custom, and is intended to create or reflect only an
administrative relationship between contracting parties. 
 (b) The Administrative Agent shall also act as the “collateral agent”
under the Loan Documents, and each of the Lenders (including in its capacities as a potential holder of Secured Hedge Obligations and Secured Cash Management Obligations) and the Issuing Lenders hereby irrevocably appoint and authorize the
Administrative Agent to act as the agent of such Lender and the Issuing Lender for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Credit Parties to secure any of the Obligations, together with such
powers and discretion as are reasonably incidental thereto. In this connection, the Administrative Agent, as “collateral agent” and any co-agents, sub-agents and attorneys-in-fact appointed by the Administrative Agent pursuant to this
Article XI for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof granted under the Collateral Documents, or for exercising any rights and remedies thereunder at the direction of the Administrative Agent),
shall be entitled to the benefits of all provisions of this Article XI and Article XII (including Section 12.3(c), as though such co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the
Loan Documents) as if set forth in full herein with respect
thereto. 

(c) The Administrative Agent is hereby authorized by the Lenders and other Secured Parties to (i) enter into any Customary Intercreditor
Agreement (to the extent contemplated by an explicit reference thereto in Section 9.1(n) or Section 9.1(s)) and (ii) the parties hereto acknowledge that such Customary Intercreditor Agreement will be binding upon them.
Each Lender and other Secured Party (a) understands, acknowledges and agrees that Liens will be created on Collateral pursuant to the Security Documents, which Liens may be subject to the terms and conditions of a Customary Intercreditor
Agreement entered into by the Administrative Agent, (b) hereby agrees that it will be bound by and will take no actions contrary to the provisions of any such Customary Intercreditor Agreement and (c) hereby authorizes and instructs the
Administrative Agent to enter into any such Customary Intercreditor Agreement contemplated by this Agreement. 

  
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 Section 11.2 Rights as a Lender. The Person serving as the Administrative Agent
hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise
expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act
as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any
duty to account therefor to the Lenders. 
 Section 11.3 Exculpatory Provisions. The Administrative Agent or the Arranger, as
applicable, shall not have any duties or obligations except those expressly set forth herein and in the other Loan Documents, and its duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, the
Administrative Agent or the Arranger, as applicable: 
 (a) shall not be subject to any fiduciary or other implied duties, regardless of
whether a Default has occurred and is continuing; 
 (b) shall not have any duty to take any discretionary action or exercise any
discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or
percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the
Administrative Agent to liability or that is contrary to any Loan Document or Applicable Law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any Debtor Relief Law or that may effect a forfeiture,
modification or termination of property of a Defaulting Lender in violation of any Debtor Relief Law; 
 (c) shall not have any duty or
responsibility to disclose, and shall not be liable for the failure to disclose, to any Lender or any Issuing Lender, any credit or other information concerning the business, prospects, operations, property, financial and other condition or
creditworthiness of any of the Credit Parties or any of their Affiliates, that is communicated to, obtained or in the possession of, the Administrative Agent, Arranger or any of their Related Parties in any capacity, except for notices, reports and
other documents expressly required to be furnished to the Lenders by the Administrative Agent herein; 
 (d) shall not be liable for any
action taken or not taken by it (i) with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be
necessary, under the circumstances as provided in Section 12.2 and Section 10.2) or (ii) in the absence of its own gross negligence or willful misconduct, as determined by a court of competent jurisdiction by a final and
nonappealable judgment. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until notice describing such Default is given to the Administrative Agent by the Borrower, a Lender or an Issuing Lender; 

(e) shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or
in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of
any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) 

  
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the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of
any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral or (v) the satisfaction of any condition set forth in Article VI or elsewhere herein, other than to confirm receipt of
items expressly required to be delivered to the Administrative Agent; and 
 (f) shall not be responsible or have any liability for, or have
any duty to ascertain, inquire into, monitor or enforce, compliance with the provisions of this Agreement relating to Disqualified Institutions. Without limiting the generality of the foregoing, the Administrative Agent shall not (x) be obligated to
ascertain, monitor or inquire as to whether any Lender or prospective Lender is a Disqualified Institution or (y) have any liability with respect to or arising out of any assignment of Loans, or disclosure of confidential information, to any
Disqualified Institution. 
 Section 11.4 Reliance by the Administrative Agent. The Administrative Agent shall be entitled to
rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution)
believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the
proper Person, and shall not incur any liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance, extension, renewal or increase of a Letter of Credit, that by its terms must be
fulfilled to the satisfaction of a Lender or an Issuing Lender, the Administrative Agent may presume that such condition is satisfactory to such Lender or such Issuing Lender unless the Administrative Agent shall have received notice to the contrary
from such Lender or such Issuing Lender prior to the making of such Loan or the issuance of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other
experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 

Section 11.5 Delegation of Duties. The Administrative Agent may perform any and all of its duties and exercise its rights and
powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and
powers by or through their respective Related Parties. The exculpatory provisions of this Article XI shall apply to any such sub- agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their
respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent. The Administrative Agent shall not be responsible for the negligence or misconduct of any sub-agents
except to the extent that a court of competent jurisdiction determines in a final and nonappealable judgment that the Administrative Agent acted with gross negligence or willful misconduct in the selection of such sub-agents. 

Section 11.6 Resignation of Administrative Agent. 

(a) The Administrative Agent may at any time give notice of its resignation to the Lenders, the Issuing Lenders and the Borrower. Upon receipt
of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in
the United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its resignation, (or such earlier day as
shall be agreed by the Required Lenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to) on behalf of the 

  
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Lenders and the Issuing Lenders, appoint a successor Administrative Agent meeting the qualifications set forth above, provided that in no event shall any such successor Administrative Agent be a
Defaulting Lender or Disqualified Institution. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date. 

(b) If the Person serving as Administrative Agent is a Defaulting Lender pursuant to clause (d) of the definition thereof, the
Required Lenders may, to the extent permitted by Applicable Law, by notice in writing to the Borrower and such Person remove such Person as Administrative Agent and, in consultation with the Borrower, appoint a successor. If no such successor shall
have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days (or such earlier day as shall be agreed by the Required Lenders) (the “Removal Effective Date”), then such removal shall
nonetheless become effective in accordance with such notice on the Removal Effective Date. 
 (c) With effect from the Resignation Effective
Date or the Removal Effective Date (as applicable) (1) the retiring or removed Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral
security held by the Administrative Agent on behalf of the Lenders or the Issuing Lenders under any of the Loan Documents, the retiring Administrative Agent shall continue to hold such collateral security until such time as a successor
Administrative Agent is appointed) and (2) except for any indemnity payments or other amounts then owed to the retiring or removed Administrative Agent, all payments, communications and determinations provided to be made by, to or through the
Administrative Agent shall instead be made by or to each Lender and each Issuing Lender directly, until such time, if any, as the Required Lenders appoint a successor Administrative Agent as provided for above. Upon the acceptance of a
successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or removed) Administrative Agent (other than as provided in
Section 5.11(i) and other than any rights to indemnity payments or other amounts owed to the retiring or removed Administrative Agent as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the retiring or
removed Administrative Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section 11.6) . The fees payable by the
Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring or removed Administrative Agent’s resignation or removal
hereunder and under the other Loan Documents, the provisions of this Article XI and Section 12.3 shall continue in effect for the benefit of such retiring or removed Administrative Agent, its sub-agents and their respective
Related Parties in respect of any actions taken or omitted to be taken by any of them (i) while the retiring or removed Administrative Agent was acting as Administrative Agent and (ii) after such resignation or removal for as long as any
of them continues to act in any capacity hereunder or under the other Loan Documents, including (a) acting as collateral agent or otherwise holding any collateral security on behalf of any of the Lenders and (b) in respect of any actions
taken in connection with transferring the agency to any successor Administrative Agent. 
 (d) Any resignation by Bank of America as
Administrative Agent pursuant to this Section 11.6 shall also constitute its resignation as an Issuing Lender and a Swingline Lender. If Bank of America resigns as an Issuing Lender, it shall retain all the rights, powers, privileges and
duties of an Issuing Lender hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as an Issuing Lender and all L/C Obligations with respect thereto, including the right to require the Lenders to make
Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 3.1(c). If Bank of America resigns as a Swingline Lender, it shall retain all the rights of a Swingline Lender provided for hereunder with respect to
Swingline Loans made by it and 

  
 131 

 
outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swingline Loans pursuant to
Section 2.2(b). Upon the appointment by the Borrower of a successor Issuing Lender or Swingline Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (a) such successor shall succeed to
and become vested with all of the rights, powers, privileges and duties of the retiring Issuing Lender or Swingline Lender, as applicable, (b) the retiring Issuing Lender and Swingline Lender shall be discharged from all of their respective
duties and obligations hereunder or under the other Loan Documents, and (c) the successor Issuing Lender shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other
arrangements satisfactory to Bank of America to effectively assume the obligations of Bank of America with respect to such Letters of Credit. 

Section 11.7 Non-Reliance on Administrative Agent, the Arranger and Other Lenders. Each Lender and each Issuing Lender expressly
acknowledges that none of the Administrative Agent nor the Arranger has made any representation or warranty to it, and that no act by the Administrative Agent or the Arranger hereafter taken, including any consent to, and acceptance of any
assignment or review of the affairs of any Credit Party of any Affiliate thereof, shall be deemed to constitute any representation or warranty by the Administrative Agent or the Arranger to any Lender or each Issuing Lender as to any matter,
including whether the Administrative Agent or the Arranger have disclosed material information in their (or their Related Parties’) possession. Each Lender and each Issuing Lender represents to the Administrative Agent and the Arranger that it
has, independently and without reliance upon the Administrative Agent, the Arranger, any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis of,
appraisal of, and investigation into, the business, prospects, operations, property, financial and other condition and creditworthiness of the Credit Parties and their Subsidiaries, and all applicable bank or other regulatory Laws relating to the
transactions contemplated hereby, and made its own decision to enter into this Agreement and to extend credit to the Borrower hereunder. Each Lender and each Issuing Lender also acknowledges that it will, independently and without reliance upon the
Administrative Agent, the Arranger, any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own credit analysis, appraisals and decisions in
taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder, 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 the Credit Parties. Each Lender and each Issuing Lender represents and warrants that (i) the Loan Documents set forth the terms of a commercial
lending facility and (ii) it is engaged in making, acquiring or holding commercial loans in the ordinary course and is entering into this Agreement as a Lender or Issuing Lender for the purpose of making, acquiring or holding commercial loans
and providing other facilities set forth herein as may be applicable to such Lender or Issuing Lender, and not for the purpose of purchasing, acquiring or holding any other type of financial instrument, and each Lender and each Issuing Lender agrees
not to assert a claim in contravention of the foregoing. Each Lender and each Issuing Lender represents and warrants that it is sophisticated with respect to decisions to make, acquire and/or hold commercial loans and to provide other facilities set
forth herein, as may be applicable to such Lender or such Issuing Lender, and either it, or the Person exercising discretion in making its decision to make, acquire and/or hold such commercial loans or to provide such other facilities, is
experienced in making, acquiring or holding such commercial loans or providing such other facilities. 
 Section 11.8 No Other
Duties, Etc. Anything herein to the contrary notwithstanding, none of the Arrangers listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its
capacity, as applicable, as the Administrative Agent, a Lender or an Issuing Lender hereunder. 

  
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 Section 11.9 Administrative Agent May File Proofs of Claim; Credit Bidding. In
case of the pendency of any proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Credit Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and
payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise (a) to
file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, L/C Obligations and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable
in order to have the claims of the Lenders, the Issuing Lenders and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders, the Issuing Lenders and the Administrative Agent
and their respective agents and counsel and all other amounts due the Lenders, the Issuing Lenders and the Administrative Agent under Sections 3.1(i) and (j), 5.3 and 12.3) allowed in such judicial proceeding; and
(b) to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same; and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such
judicial proceeding is hereby authorized by each Lender and each Issuing Lender to make such payments to the Administrative Agent and, if the Administrative Agent shall consent to the making of such payments directly to the Lenders and the Issuing
Lenders, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under
Sections 5.3 and 12.3. 
 Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or
consent to or accept or adopt on behalf of any Lender or any Issuing Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or any Issuing Lender to authorize the
Administrative Agent to vote in respect of the claim of any Lender or any Issuing Lender or in any such proceeding. 
 The Secured Parties
hereby irrevocably authorize the Administrative Agent, at the direction of the Required Lenders, to credit bid all or any portion of the Obligations (including accepting some or all of the Collateral in satisfaction of some or all of the Secured
Obligations pursuant to a deed in lieu of foreclosure or otherwise) and in such manner purchase (either directly or through one or more acquisition vehicles) all or any portion of the Collateral (a) at any sale thereof conducted under the
provisions of the Bankruptcy Code of the United States, including under Sections 363, 1123 or 1129 of the Bankruptcy Code of the United States, or any similar Laws in any other jurisdictions to which a Credit Party is subject, (b) at any other
sale or foreclosure or acceptance of collateral in lieu of debt conducted by (or with the consent or at the direction of) the Administrative Agent (whether by judicial action or otherwise) in accordance with any Applicable Law. In connection with
any such credit bid and purchase, the Obligations owed to the Secured Parties shall be entitled to be, and shall be, credit bid on a ratable basis (with Obligations with respect to contingent or unliquidated claims receiving contingent interests in
the acquired assets on a ratable basis that would vest upon the liquidation of such claims in an amount proportional to the liquidated portion of the contingent claim amount used in allocating the contingent interests) in the asset or assets so
purchased (or in the Equity Interests or debt instruments of the acquisition vehicle or vehicles that are used to consummate such purchase). In connection with any such bid (i) the Administrative Agent shall be authorized to form one or more
acquisition vehicles to make a bid, (ii) to adopt documents providing for the governance of the acquisition vehicle or vehicles (provided that any actions by the Administrative Agent with respect to such acquisition vehicle or vehicles,
including any disposition of the assets or Equity Interests thereof shall be governed, directly or indirectly, by the vote of the Required Lenders, irrespective of the termination of this Agreement and without giving

  
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effect to the limitations on actions by the Required Lenders contained in clauses (a) through (l) of Section 12.2 of this Agreement), and (iii) to the
extent that Obligations that are assigned to an acquisition vehicle are not used to acquire Collateral for any reason (as a result of another bid being higher or better, because the amount of Obligations assigned to the acquisition vehicle exceeds
the amount of debt credit bid by the acquisition vehicle or otherwise), such Obligations shall automatically be reassigned to the Lenders pro rata and the Equity Interests and/or debt instruments issued by any acquisition vehicle on account of the
Obligations that had been assigned to the acquisition vehicle shall automatically be cancelled, without the need for any Secured Party or any acquisition vehicle to take any further action. 

Section 11.10 Collateral and Guaranty Matters. (i) Without limiting the provisions of Section 11.9, each of the
Lenders (including in its capacities as a potential holder of Secured Cash Management Obligations and a potential holder of Secured Hedge Obligations) and the Issuing Lenders irrevocably authorize the Administrative Agent: 

(a) to release any Lien on any property granted to or held by the Administrative Agent under any Loan Document (i) upon termination of
the Commitments and payment in full of all Obligations (other than contingent indemnification obligations) and the expiration or termination of all Letters of Credit (other than Letters of Credit as to which other arrangements satisfactory to the
Administrative Agent and the applicable Issuing Lender shall have been made), (ii) that is sold or otherwise disposed of as part of or in connection with any sale or other disposition permitted hereunder to a Person that is not a Credit Party,
(iii) that constitutes “Excluded Property” (as such term is defined in the Collateral Agreement), or (iv) if approved, authorized or ratified in writing in accordance with Section 12.2; 

(b) to release any Subsidiary Guarantor from its obligations under the Subsidiary Guaranty Agreement if such Subsidiary shall become an
Excluded Subsidiary; and 
 (c) to subordinate any Lien on any property granted to or held by the Administrative Agent under any Loan
Document to the holder of any Lien on such property that is permitted by Section 9.2(h); and 
 (ii) if the Collateral Release Date
occurs then all of the Liens granted to the Administrative Agent pursuant to the Security Documents on the Collateral, shall be automatically released and terminated at such time (the “Collateral Release”). 

Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s authority to release or
subordinate its interest in particular types or items of property, or to release any Subsidiary Guarantor from its obligations under the Guarantee pursuant to this Section 11.10. In each case as specified in this
Section 11.10, the Administrative Agent will, at the Borrower’s expense, execute and deliver to the applicable Credit Party such documents as such Credit Party may reasonably request to evidence the release of such item of
Collateral from the assignment and security interest granted under the Collateral Documents or to subordinate its interest in such item, or to release such Subsidiary Guarantor from its obligations under the Guarantee, in each case in accordance
with the terms of the Loan Documents and this Section 11.10; provided that such Credit Party shall have furnished the Administrative Agent an executed certificate of a Responsible Officer confirming that such release or subordination is
permitted by the Loan Documents. 
 The Administrative Agent shall not be responsible for or have a duty to ascertain or inquire into any representation or
warranty regarding the existence, value or collectability of the Collateral, the existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Credit Party in connection therewith, nor shall
the Administrative Agent be responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral. 

  
 134 

 Section 11.11 Secured Hedge Obligations and Secured Cash Management Obligations.
Except as otherwise expressly set forth in any Loan Document, no holder of Secured Cash Management Obligations or Secured Hedge Obligations that obtains the benefits of Section 10.4, the Subsidiary Guaranty Agreement or any Collateral by
virtue of the provisions hereof or of the Subsidiary Guaranty Agreement or any Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise
in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this
Article XI to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Secured Cash Management Obligations and
Secured Hedge Obligations unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable holder of Secured Cash Management
Obligations or Secured Hedge Obligations, as the case may be. 
 Section 11.12 Certain ERISA Matters. 

(a) Each Lender (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from
the date such Person became a Lender party hereto to the date such Person ceases being a Lender party hereto, for the benefit of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Credit
Party, that at least one of the following is and will be true: 
 (i) such Lender is not using “plan assets” (within the meaning
of Section 3(42) of ERISA or otherwise) of one or more Benefit Plans with respect to such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments or this Agreement; 

(ii) the transaction exemption set forth in one or more PTEs, such as PTE 84-14 (a class exemption for certain transactions determined by
independent qualified professional asset managers), PTE 95-60 (a class exemption for certain transactions involving insurance company general accounts), PTE 90-1 (a class exemption for certain transactions involving insurance company pooled separate
accounts), PTE 91-38 (a class exemption for certain transactions involving bank collective investment funds) or PTE 96-23 (a class exemption for certain transactions determined by in-house asset managers), is applicable with respect to such
Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement; 

(iii) (A) such Lender is an investment fund managed by a “Qualified Professional Asset Manager” (within the meaning of Part VI
of PTE 84-14), (B) such Qualified Professional Asset Manager made the investment decision on behalf of such Lender to enter into, participate in, administer and perform the Loans, the Letters of Credit, the Commitments and this Agreement,
(C) the entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement satisfies the requirements of sub-sections (b) through (g) of Part I of PTE 84-14 and
(D) to the best knowledge of such Lender, the requirements of subsection (a) of Part I of PTE 84-14 are satisfied with respect to such Lender’s entrance into, participation in, administration of and performance of the Loans, the
Letters of Credit, the Commitments and this Agreement, or 

  
 135 

 (iv) such other representation, warranty and covenant as may be agreed in writing between
the Administrative Agent, in its sole discretion, and such Lender. 
 (b) In addition, unless either (1) sub-clause (i) in the
immediately preceding clause (a) is true with respect to a Lender or (2) a Lender has provided another representation, warranty and covenant in accordance with sub-clause (iv) in the immediately preceding clause (a),
such Lender further (x) represents and warrants, as of the date such Person became a Lender party hereto, to, and (y) covenants, from the date such Person became a Lender party hereto to the date such Person ceases being a Lender party
hereto, for the benefit of, the Administrative Agent and not, for the avoidance of doubt, to or for the benefit of the Borrower or any other Credit Party, that the Administrative Agent is not a fiduciary with respect to the assets of such Lender
involved in such Lender’s entrance into, participation in, administration of and performance of the Loans, the Letters of Credit, the Commitments and this Agreement (including in connection with the reservation or exercise of any rights by the
Administrative Agent under this Agreement, any Loan Document or any documents related hereto or thereto). 
 Section 11.13 Recovery
of Erroneous Payments. Without limitation of any other provision in this Agreement, if at any time the Administrative Agent makes a payment hereunder in error to any Lender or any Issuing Lender (the “Lender Recipient Party”),
whether or not in respect of an Obligation due and owing by the Borrower at such time, where such payment is a Rescindable Amount, then in any such event, each Lender Recipient Party receiving a Rescindable Amount shall repay to the Administrative
Agent forthwith on demand the Rescindable Amount received by such Lender Recipient Party in immediately available funds in the currency so received, with interest thereon, for each day from and including the date such Rescindable Amount is received
by it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. Each Lender
Recipient Party irrevocably waives any and all defenses, including any “discharge for value” (under which a creditor might otherwise claim a right to retain funds mistakenly paid by a third party in respect of a debt owed by another) or
similar defense to its obligation to return any Rescindable Amount. The Administrative Agent shall inform each Lender Recipient Party promptly upon determining that any payment made to such Lender Recipient Party comprised, in whole or in part, a
Rescindable Amount. 
 Section 11.14 Withholding Tax. To the extent required by any Applicable Law, the Administrative Agent may
withhold from any payment to any Lender an amount equivalent to any applicable withholding Tax. Without limiting or expanding the provisions of Section 5.11, each Lender shall indemnify the Administrative Agent against, and shall make
payable in respect thereof within 30 days after demand therefor, all Taxes and all related losses, claims, liabilities and expenses (including fees, charges and disbursements of any counsel for the Administrative Agent) incurred by or asserted
against the Administrative Agent by the IRS or any other Governmental Authority as a result of the failure of the Administrative Agent to properly withhold Tax from amounts paid to or for the account of any Lender for any reason (including, without
limitation, because the appropriate documentation was not delivered or not property executed, or because such Lender failed to notify the Administrative Agent of a change in circumstance that rendered the exemption from, or reduction of, withholding
Tax ineffective). A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent to set off and apply
any and all amounts at any time owing to such Lender under this Agreement or any other Loan Document or from any other sources against any amount due the Administrative Agent under this Section 11.14. The agreements in this
Section 11.14 shall survive the resignation and/or replacement of the Administrative Agent, any assignment of rights by, or the replacement of, a Lender and the repayment, satisfaction or discharge of all other obligations under any Loan
Document. For the avoidance of doubt, the term “Lender” shall, for purposes of this Section 11.14, include any Issuing Lender. 

  
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 ARTICLE XII 

MISCELLANEOUS 

Section 12.1 Notices. 

(a) Notices Generally. Except in the case of notices and other communications expressly permitted to be given by telephone (and except
as provided in paragraph (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by facsimile as
follows: 
 If to the Borrower: 

Dorman Products, Inc. 
 3400 E.
Walnut Street 
 Colmar, PA 18915 

Attention of: Chief Financial Officer 

E-mail: dhession@dormanproducts.com 

With copies to: 
 Dorman
Products, Inc. 
 3400 E. Walnut Street 

Colmar, PA 18915 
 Attention of:
General Counsel 
 E-mail: jbraun@dormanproducts.com 

If to Bank of America as Administrative Agent: 

Agent’s Office (for Payments and Requests for Credit Extensions): 

Bank of America, N.A. 
 Kesha
Martinez 
 Building C 
 2380
Performance Dr 
 Mail Code: TX2-984-03-23 

Richardson, Texas 75082 

Telephone: 469.201.8836 

Facsimile: 214.290.9416 

Electronic Mail: kesha.martinez@bofa.com 

USD Payment Instructions: 

Bank of America, N.A. 
 ABA#
026009593 
 New York, New York 

Account No.: 1366072250600 
 Attn:
Wire Clearing Acct for Syn Loans - LIQ 
 Ref: Dorman Products, Inc. 

  
 137 

 Other Notices as Administrative Agent and Collateral Agent: 

Don B. Pinzon 
 Bank of America,
N.A. 
 222 Broadway, 14th Floor 

Agency Management Group 
 Mail
Code: NY3-222-14-03 
 New York, New York 10038 

Telephone: 646.556.3280 

Facsimile: 212.901.7843 

Electronic Mail: don.b.pinzon@bofa.com 

Trade Services Contact: 

Michael Grizzanti 
 Bank of
America, N.A. 
 1 Fleet Way 

Mail Code: PA6-580-02-30 

Scranton, PA, 18507 
 Telephone:
570.496.9621 
 Facsimile: 806.755.8743 

Electronic Email: michael.a.grizzanti@bofa.com 

Credit Contact: 
 Kevin
Dobosz 
 Bank of America, N.A. 

Four Penn Center 
 1600 JFK Blvd.,
Suite 1100 
 Mail Code: PA7-188-11-01 

Philadelphia, PA 19103 

Telephone: 267.675.0197 

Facsimile: 212.909.8581 

Electronic Mail: kevin.dobosz@bofa.com 

If to any Lender: 
 To the
address of such Lender set forth on the Register with respect to deliveries of notices and other documentation that may contain material non-public information. 

Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices sent
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). Notices
delivered through electronic communications to the extent provided in paragraph (b) below, shall be effective as provided in said paragraph (b). 

  
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 (b) Electronic Communications. Notices and other communications to the Lenders and
the Issuing Lenders hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent; provided that the foregoing shall not
apply to notices to any Lender or any Issuing Lender pursuant to Article II or III if such Lender or such Issuing Lender, as applicable, has notified the Administrative Agent that is incapable of receiving notices under such Article by
electronic communication. The Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it; provided that
approval of such procedures may be limited to particular notices or communications. Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e- mail address shall be deemed received upon the
sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), and (ii) notices or communications posted to
an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and
identifying the website address therefor; provided that, for both clauses (i) and (ii) above, if such notice, email or other communication is not sent during the normal business hours of the recipient, such notice,
email or other communication shall be deemed to have been sent at the opening of business on the next business day for the recipient. 
 (c)
Administrative Agent’s Office. The Administrative Agent hereby designates its office located at the address set forth above, or any subsequent office which shall have been specified for such purpose by written notice to the Borrower and
Lenders, as the Administrative Agent’s Office referred to herein, to which payments due are to be made and at which Loans will be disbursed and Letters of Credit requested. 

(d) Change of Address, Etc. Each of the Borrower, the Administrative Agent, any Issuing Lender or the Swingline Lender may change its
address or facsimile number for notices and other communications hereunder by notice to the other parties hereto. Any Lender may change its address or facsimile number for notices and other communications hereunder by notice to the Borrower, the
Administrative Agent, each Issuing Lender and the Swingline Lender. 
 (e) Platform. 

(i) Each Credit Party, each Lender and each Issuing Lender agrees that the Administrative Agent may, but shall not be obligated to, make the
Borrower Materials available to the Issuing Lenders and the other Lenders by posting the Borrower Materials on the Platform. 
 (ii) The
Platform is provided “as is” and “as available.” The Agent Parties (as defined below) do not warrant the accuracy or completeness of the Borrower Materials or the adequacy of the Platform, and expressly disclaim liability for
errors or omissions in the Borrower Materials. No warranty of any kind, express, implied or statutory, including any warranty of merchantability, fitness for a particular purpose, non-infringement of third-party rights or freedom from viruses or
other code defects, is made by any Agent Party in connection with the Borrower Materials or the Platform. Although the Platform is secured pursuant to generally-applicable security procedures and policies implemented or modified by the
Administrative Agent and its Related Parties, each of the Lenders, the Issuing Lenders and the Borrower acknowledges and agrees that distribution of information through an electronic means is not necessarily secure in all respects, the
Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) are not responsible for approving or vetting the representatives, designees or contacts of any Lender or Issuing Lender that are provided access
to the Platform and that there may be confidentiality and other risks associated with such form of distribution. 

  
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 Each of the Borrower, each Lender and each Issuing Lender party hereto understands and accepts such risks.
In no event shall the Agent Parties have any liability to any Credit Party, any Lender or any other Person or entity for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of any Credit
Party’s or the Administrative Agent’s transmission of communications through the Internet (including the Platform), except to the extent that such losses, claims, damages, liabilities or expenses are determined by a court of competent
jurisdiction by final and non-appealable judgment to have resulted from the gross negligence or willful misconduct of such Agent Party; provided that in no event shall any Agent Party have any liability to any Credit Party, any Lender, any
Issuing Lender or any other Person for indirect, special, incidental, consequential or punitive damages, losses or expenses (as opposed to actual damages, losses or expenses). 

(f) Private Side Designation. Each Public Lender agrees to cause at least one individual at or on behalf of such Public Lender to at
all times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public Lender or its delegate, in accordance with such Public Lender’s compliance
procedures and Applicable Law, including United States Federal and state securities Applicable Laws, to make reference to Borrower Materials that are not made available through the “Public Side Information” portion of the Platform and that
may contain material non-public information with respect to the Borrower or its securities for purposes of United States Federal or state securities Applicable Laws. 

Section 12.2 Amendments, Waivers and Consents. Except as set forth below or as specifically provided in any Loan Document, any term,
covenant, agreement or condition of this Agreement or any of the other Loan Documents may be amended or waived by the Lenders, and any consent given by the Lenders, if, but only if, such amendment, waiver or consent is in writing signed by the
Required Lenders (or (x) by the Administrative Agent with the consent of the Required Lenders and, (y) in the case any amendment or waiver contemplated in clause
(b)(A) below, shall only require the consent of the Required Revolving/TLA Lenders or (z) in the case any
amendment or waiver contemplated in clause (b)(B) below, shall only require the consent of the Required Revolving Credit Lenders under the applicable Class), acknowledged by the Administrative Agent and delivered to the Administrative Agent
and, in the case of an amendment, signed by the Borrower; provided that no amendment, waiver or consent shall: 
 (a) without the
prior written consent of each Revolving Credit Lender (and for the purposes of clause (i), each Term Loan
Lender), amend, modify or waive (i) Section 6.2 or any other provision of this Agreement if the effect of such amendment, modification or waiver is to require the Revolving Credit Lenders (pursuant to, in the case of any such amendment to a provision hereof other than
Section 6.2, any substantially concurrent request by the Borrower for a borrowing of Term
Loans, Revolving Credit Loans or issuance of Letters of Credit) to make
Term Loans, Revolving Credit Loans when such Revolving Credit Lenders would not otherwise be required to do so, (ii) the amount of the Swingline Commitment or
(iii) the amount of the L/C Sublimit; 
 (b)
(A) without the prior written consent of the Required
Revolving
Credit/TLA Lenders, amend, modify or waive any terms of Section 9.13, 10.2(a)(B) or 10.2(d)(II) (including, as to its use in Section 9.13, Section 10.2(a)(B) or 10.2(d)(II), as the
case may be, any defined term used therein) or Default or Event of Default related thereto; and (B) without the prior written consent of the Required Revolving Credit Lenders, amend, modify or waive any terms of
Section 3.1(b)(i)(B), 10.2(b) or the last sentence of Section 3.1(j) (including, as to its use in Section 3.1(b)(i)(B), 10.2(b) or the last sentence of Section 3.1(j), as the case may be, any defined term used therein) or Default or Event of Default
related thereto; 

  
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 (c) increase or extend the Commitment of any Lender (or reinstate any Commitment terminated
pursuant to Section 10.2) or increase the amount of Loans of any Lender, in any case, without the written consent of such Lender; 

(d) waive, extend or postpone any date fixed by this Agreement or any other Loan Document for any payment or mandatory prepayment of
principal, interest, fees or other amounts due to the Lenders (or any of them) hereunder or under any other Loan Document without the written consent of each Lender directly and adversely affected thereby; 

(e) reduce the principal of, or the rate of interest specified herein on, any Loan or Reimbursement Obligation, or (subject to clause
(iv) of the proviso set forth in the paragraph below) any fees or other amounts payable hereunder or under any other Loan Document without the written consent of each Lender directly and adversely affected thereby; provided that only
the consent of the Required Lenders shall be necessary to waive any obligation of the Borrower to pay interest or letter of credit commissions at the rate set forth in Section 5.1(b) during the continuance of an Event of Default; 

(f) change Section 5.6 or Section 10.4 (or amend any other term of the Loan Documents that would have the effect of
changing Section 5.6 or Section 10.4) in a manner that would alter the pro rata sharing of payments or order of application required thereby without the written consent of each Lender directly and adversely affected
thereby; 
 (g) [Reserved.] 

(h) except as otherwise permitted by this Section 12.2 change any provision of this Section 12.2 or reduce the
percentages specified in the definitions of “Required Lenders”
or, “Required Revolving Credit Lenders”
or “Required Revolving/TLA Lenders” or any other
provision hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder, without the written consent of each Lender directly and
adversely affected thereby; 
 (i) consent to the assignment or transfer by any Credit Party of such Credit Party’s rights and
obligations under any Loan Document to which it is a party (except as permitted pursuant to Section 9.4), in each case, without the written consent of each Lender; 

(j) release (i) all of the Subsidiary Guarantors or (ii) Subsidiary Guarantors comprising substantially all of the credit support
for the Secured Obligations, in any case, from any Subsidiary Guaranty Agreement (other than as authorized in Section 11.911.11), without the written consent of each Lender; 

(k) release all or substantially all of the Collateral from the Liens created by the Security Documents (provided that, during the
Collateral Release Period, the Administrative Agent may perform any action related to the automatic release of all or substantially all of the Collateral from the Liens created by the Security Documents without consent of any Lender) or release any
Security Document (other than as authorized in Section
11.911.1
 or as otherwise specifically permitted or contemplated in this Agreement or the applicable Security Document) without the written consent of each Lender; or 

(l) subordinate a material portion of the Liens securing the Secured Obligations to the Liens securing any Indebtedness (other than as
specifically permitted or contemplated in this Agreement or the applicable Security Document or under any debtor-in-possession financing) or subordinate a material portion of the Secured Obligations in contractual right of payment to any 

  
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Indebtedness, in each case without the written consent of each Lender directly and adversely affected thereby (other than as explicitly permitted in this Agreement or the applicable Security
Document or under any debtor-in-possession financing); 
 provided further that (i) no amendment, waiver or consent shall, unless in
writing and signed by each affected Issuing Lender in addition to the Lenders required above, affect the rights or duties of such Issuing Lender under this Agreement or any Letter of Credit Application relating to any Letter of Credit issued or to
be issued by it; (ii) no amendment, waiver or consent shall, unless in writing and signed by the Swingline Lender in addition to the Lenders required above, affect the rights or duties of the Swingline Lender under this Agreement; (iii) no
amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under this Agreement or any other Loan Document;
(iv) each Letter of Credit Application may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto; provided that a copy of such amended Letter of Credit Application shall be promptly
delivered to the Administrative Agent upon such amendment or waiver, (v) any waiver, amendment or modification of this Agreement that by its terms affects the rights or duties under this Agreement of Lenders holding Loans or Commitments of a
particular Class (but not the Lenders holding Loans or Commitments of any other Class) may be effected by an agreement or agreements in writing entered into by the Borrower and the requisite percentage in interest of the affected Class of Lenders
that would be required to consent thereto under this Section 12.2 if such Class of Lenders were the only Class of Lenders hereunder at the time, (vi) the Administrative Agent and the Borrower shall be permitted to amend any
provision of the Loan Documents (and such amendment shall become effective without any further action or consent of any other party to any Loan Document) if the Administrative Agent and the Borrower shall have jointly identified an obvious error or
any error, ambiguity, defect or inconsistency or omission of a technical or immaterial nature in any such provision and (vii) the Administrative Agent (and, if applicable, the Borrower) may, without the consent of any Lender, enter into
amendments or modifications to this Agreement or any of the other Loan Documents or to enter into additional Loan Documents in order to implement any Benchmark
Replacement or any Benchmark Replacement Conforming Changes or otherwise effectuate the terms of Section 5.8(c) in accordance with the terms of Section 5.8(c).
Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder, except that (A) the Revolving Credit Commitment of such Lender may not be increased
or extended without the consent of such Lender, and (B) any amendment, waiver, or consent hereunder which requires the consent of all Lenders or each affected Lender that by its terms disproportionately and adversely affects any such Defaulting
Lender relative to other affected Lenders shall require the consent of such Defaulting Lender. 
 Notwithstanding anything in this Agreement to the
contrary, each Lender hereby irrevocably authorizes the Administrative Agent on its behalf, and without further consent of any Lender (but with the consent of the Borrower and the Administrative Agent), to (x) amend and restate this Agreement
and the other Loan Documents if, upon giving effect to such amendment and restatement, such Lender shall no longer be a party to this Agreement (as so amended and restated), the Commitments of such Lender shall have terminated, such Lender shall
have no other commitment or other obligation hereunder and shall have been paid in full all principal, interest and other amounts owing to it or accrued for its account under this Agreement and the other Loan Documents and (y) to enter into
amendments or modifications to this Agreement (including, without limitation, amendments to this Section 12.2) or any of the other Loan Documents or to enter into additional Loan Documents as the Administrative Agent reasonably deems
appropriate in order to effectuate the terms of Section 5.13 (including, without limitation, as applicable, (1) to permit the Incremental Term Loans and the Incremental Revolving Credit Increases to share ratably in the benefits of
this Agreement and the other Loan Documents, (2) to include the Incremental Term Loan Commitments and the Incremental Revolving Credit Increase, as applicable, or outstanding Incremental Term Loans and outstanding Incremental Revolving Credit
Increase, as applicable, in any 

  
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determination of (i) Required Lenders or, Required Revolving Credit Lenders or Required Revolving/TLA Lenders, as applicable or (ii) similar
required lender terms applicable thereto); provided that no amendment or modification shall result in any increase in the amount of any Lender’s Commitment or any increase in any Lender’s Commitment Percentage, in each case, without
the written consent of such affected Lender and (3) to make amendments to any outstanding tranche of Term Loans to permit any Incremental Term Loan Commitments and Incremental Term Loans to be “fungible” (including, without
limitation, for purposes of the Code) with such tranche of Term Loans, including, without limitation, increases in the Applicable Margin or any fees payable to such outstanding tranche of Term Loans or providing such outstanding tranche of Term
Loans with the benefit of any call protection or covenants that are applicable to the proposed Incremental Term Loan Commitments or Incremental Term Loans; provided that any such amendments or modifications to such outstanding tranche of Term
Loans shall not directly adversely affect the Lenders holding such tranche of Term Loans without their consent. 
 Section 12.3
Expenses; Indemnity. 
 (a) Costs and Expenses. The Borrower and any other Credit Party, jointly and severally, shall pay
(i) all reasonable out of pocket costs and expenses incurred by the Administrative Agent, the Arrangers and their respective Affiliates (including, without limitation, the reasonable legal fees, charges and disbursements of counsel for the
Administrative Agent and the Arrangers but limited to the reasonable and documented out of pocket fees, charges and disbursements of one counsel to the Administrative Agent and, if reasonably necessary, a single local counsel in each relevant
jurisdiction and with respect to each relevant specialty, due diligence expenses and all printing, reproduction, document delivery, travel, CUSIP, SyndTrak, and communication costs, incurred in connection with the preparation, review, negotiation,
execution, delivery, enforcement and administration of this Agreement), in connection with the syndication of the Credit Facility, the preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or
any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out of pocket expenses incurred by any Issuing Lender in
connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all out of pocket expenses incurred by the Administrative Agent, any Lender, any Issuing Lender or any agent
(including the fees, charges and disbursements of any counsel for the Administrative Agent, any Lender, any Issuing Lender or any agent but limited to the reasonable and documented out of pocket fees, charges and disbursements of one counsel to the
respective Administrative Agent, Lender or Issuing Lender, and, if reasonably necessary, a single local counsel in each relevant jurisdiction and with respect to each relevant specialty and in the case of any actual or perceived conflict of interest
where the Administrative Agent, any Lender, any Issuing Lender or any agent affected by such conflict informs the Borrower of such conflict and thereafter retains its own counsel, of another firm of counsel for such affected Person), in connection
with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section 12.3, or (B) in connection with the Loans made or Letters of Credit
issued hereunder, including all such out of pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit. 

(b) Indemnification by the Borrower. The Borrower shall indemnify the Administrative Agent (and any sub-agent thereof), each Lender,
each Issuing Lender and each agent, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, and shall pay or reimburse any such
Indemnitee for, any and all losses, claims (including, intra-party claims), penalties, damages, liabilities and related costs and expenses (including, without limitation, the reasonable legal fees, charges and disbursements of any counsel for any
Indemnitee, but limited to the reasonable and documented out-of-pocket fees, charges 

  
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and disbursements of one counsel to all Indemnitees (taken as a whole) and, if reasonably necessary, a single local counsel in each relevant jurisdiction and with respect to each relevant
specialty and in the case of any actual or perceived conflict of interest where the Administrative Agent, any Lender, any Issuing Lender, or any agent and each Related Party affected by such conflict informs the Borrower of such conflict and
thereafter retains its own counsel, of another firm of counsel for such affected Person), and shall indemnify and hold harmless, each Indemnitee from, and shall pay or reimburse any such Indemnitee for, all fees and time charges and disbursements
for attorneys who may be employees of any Indemnitee, incurred by any Indemnitee or asserted against any Indemnitee by any Person (including the Borrower or any other Credit Party), arising out of, in connection with, or as a result of (i) the
execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective obligations hereunder or thereunder or the consummation of the
transactions contemplated hereby or thereby (including, without limitation, the Transactions), (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by any Issuing Lender to honor a demand
for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit), (iii) any presence or release of Hazardous Materials on or from any property owned
or operated by any Credit Party or any subsidiary thereof, or any Environmental Liability related in any way to any Credit Party or any subsidiary, (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of
the foregoing, whether based on contract, tort or any other theory, whether brought by a third party or by any Credit Party or any subsidiary thereof, and regardless of whether any Indemnitee is a party thereto, or (v) any claim, investigation,
litigation or other proceeding (whether or not the Administrative Agent or any Lender is a party thereto) and the prosecution and defense thereof, arising out of or in any way connected with the Loans, this Agreement, any other Loan Document, or any
documents contemplated by or referred to herein or therein or the transactions contemplated hereby or thereby, including without limitation, reasonable attorneys and consultant’s fees; provided that such indemnity shall not, as to any
Indemnitee, be available to the extent that such losses, claims, penalties, damages, liabilities or related costs and expenses (A) are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the
gross negligence or willful misconduct of such Indemnitee or (B) result from any claim brought against such Indemnitee in its role as agent or arranger by any other Indemnitee that is not based on an act or omission by the Borrower or any of
its Affiliates. This Section 12.3(b) shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from any non-Tax claim. 

(c) Reimbursement by Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any amount required under
clause (a) or (b) of this Section 12.3 to be paid by it to the Administrative Agent (or any sub-agent thereof), any Issuing Lender, the Swingline Lender or any Related Party of any of the foregoing, each Lender
severally agrees to pay to the Administrative Agent (or any such sub-agent), such Issuing Lender, the Swingline Lender or such Related Party, as the case may be, such Lender’s pro rata share (determined as of the time that the applicable
unreimbursed expense or indemnity payment is sought based on each Lender’s share of the Total Credit Exposure at such time, or if the Total Credit Exposure has been reduced to zero, then based on such Lender’s share of the Total Credit
Exposure immediately prior to such reduction) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender); provided that with respect to such unpaid amounts owed to any Issuing Lender or the
Swingline Lender solely in its capacity as such, only the Revolving Credit Lenders shall be required to pay such unpaid amounts, such payment to be made severally among them based on such Revolving Credit Lenders’ Revolving Credit Commitment
Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought or, if the Revolving Credit Commitment has been reduced to zero as of such time, determined immediately prior to such reduction);
provided further that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent), such Issuing
Lender or the Swingline Lender in its 

  
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capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent), such Issuing Lender or the Swingline Lender in connection with
such capacity. The obligations of the Lenders under this clause (c) are subject to the provisions of Section 5.7. 

(d) Waiver of Consequential Damages, Etc. To the fullest extent permitted by Applicable Law, the Borrower and each other Credit Party
shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result
of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of the proceeds thereof. No Indemnitee referred to in clause
(b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed by it through telecommunications, electronic or other information transmission systems in connection
with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby. 
 (e) Payments. All amounts due
under this Section 12.3 shall be payable promptly after demand therefor. 
 (f) Survival. Each party’s obligations
under this Section 12.3 shall survive the termination of the Loan Documents and payment of the obligations hereunder. 

Section 12.4 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender, each Issuing Lender, the
Swingline Lender and each of their respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by Applicable Law, to setoff and apply any and all deposits (general or special, time or demand,
provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, such Issuing Lender, the Swingline Lender or any such Affiliate to or for the credit or the account of the
Borrower or any other Credit Party against any and all of the obligations of the Borrower or such Credit Party now or hereafter existing under this Agreement or any other Loan Document to such Lender, such Issuing Lender or the Swingline Lender or
any of their respective Affiliates, irrespective of whether or not such Lender, such Issuing Lender, the Swingline Lender or any such Affiliate shall have made any demand under this Agreement or any other Loan Document and although such obligations
of the Borrower or such Credit Party may be contingent or unmatured or are owed to a branch or office of such Lender, such Issuing Lender, the Swingline Lender or such Affiliate different from the branch, office or Affiliate holding such deposit or
obligated on such indebtedness; provided that in the event that any Defaulting Lender or any Affiliate thereof shall exercise any such right of setoff, (x) all amounts so setoff shall be paid over immediately to the Administrative Agent for
further application in accordance with the provisions of Section 5.15 and, pending such payment, shall be segregated by such Defaulting Lender or Affiliate of a Defaulting Lender from its other funds and deemed held in trust for the
benefit of the Administrative Agent, the Issuing Lenders, the Swingline Lender and the Lenders, and (y) the Defaulting Lender or its Affiliate shall provide promptly to the Administrative Agent a statement describing in reasonable detail the
Secured Obligations owing to such Defaulting Lender or any of its Affiliates as to which such right of setoff was exercised. The rights of each Lender, each Issuing Lender, the Swingline Lender and their respective Affiliates under this
Section 12.4 are in addition to other rights and remedies (including other rights of setoff) that such Lender, such Issuing Lender, the Swingline Lender or their respective Affiliates may have. Each Lender, such Issuing Lender and the
Swingline Lender agree to notify the Borrower and the Administrative Agent promptly after any such setoff and application; provided that the failure to give such notice shall not affect the validity of such setoff and application. 

  
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 Section 12.5 Governing Law; Jurisdiction, Etc. 

(a) Governing Law. This Agreement and the other Loan Documents and any claim, controversy, dispute or cause of action (whether in
contract or tort or otherwise) based upon, arising out of or relating to this Agreement or any other Loan Document (except, as to any Security Document, as expressly set forth therein or where applicable local law is necessary for enforceability or
perfection) and the transactions contemplated hereby and thereby shall be governed by, and construed in accordance with, the law of the State of New York. 

(b) Submission to Jurisdiction. The Borrower and each other Credit Party irrevocably and unconditionally agrees that it will not
commence any action, litigation or proceeding of any kind or description, whether in law or equity, whether in contract or in tort or otherwise, against the Administrative Agent, any Lender, any Issuing Lender, the Swingline Lender, or any Related
Party of the foregoing in any way relating to this Agreement or any other Loan Document or the transactions relating hereto or thereto, in any forum other than the courts of the State of New York sitting in New York County, and of the United States
District Court of the Southern District of New York (except to the extent the Administrative Agent or any Lender requires submission to any other jurisdiction in connection with the exercise of any rights under any Security Document or the
enforcement of any judgment), and any appellate court from any thereof, and each of the parties hereto irrevocably and unconditionally submits to the exclusive jurisdiction of such courts and agrees that all claims in respect of any such action,
litigation or proceeding may be heard and determined in such New York State court or, to the fullest extent permitted by Applicable Law, in such federal court. Each of the parties hereto agrees that a final judgment in any such action, litigation 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 in any other Loan Document shall affect any right that the Administrative Agent,
any Agent, any Lender, any Issuing Lender or the Swingline Lender may otherwise have to bring any action or proceeding relating to this Agreement or any other Loan Document against the Borrower or any other Credit Party or its properties in the
courts of any jurisdiction. 
 (c) Waiver of Venue. The Borrower and each other Credit Party irrevocably and unconditionally waives,
to the fullest extent permitted by Applicable Law, any objection that it may now or hereafter have to the laying of venue of any action or proceeding arising out of or relating to this Agreement or any other Loan Document in any court referred to in
this Section 12.5. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by Applicable Law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 

(d) Service of Process. Each party hereto irrevocably consents to service of process in the manner provided for notices in
Section 12.1. Nothing in this Agreement will affect the right of any party hereto to serve process in any other manner permitted by Applicable Law. 

Section 12.6 Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW,
ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR
ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE
FOREGOING WAIVER AND CONSENT AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS
SECTION 12.6. 

  
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 Section 12.7 Reversal of Payments. To the extent any Credit Party makes a
payment or payments to the Administrative Agent for the ratable benefit of any of the Secured Parties or to any Secured Party directly or the Administrative Agent or any Secured Party receives any payment or proceeds of the Collateral or any Secured
Party exercises its right of setoff, which payments or proceeds (including any proceeds of such setoff) or any part thereof are subsequently invalidated, declared to be fraudulent or preferential, set aside and/or required to be repaid to a trustee,
receiver or any other party under any Debtor Relief Law, other Applicable Law or equitable cause, then, to the extent of such payment or proceeds repaid, the Secured Obligations or part thereof intended to be satisfied shall be revived and continued
in full force and effect as if such payment or proceeds had not been received by the Administrative Agent, and each Lender and each Issuing Lender severally agrees to pay to the Administrative Agent upon demand its applicable ratable share (without
duplication) of any amount so recovered from or repaid by the Administrative Agent plus interest thereon at a per annum rate equal to the Federal Funds Rate from the date of such demand to the date such payment is made to the Administrative
Agent. 
 Section 12.8 Injunctive Relief. The Borrower recognizes that, in the event the Borrower fails to perform, observe or
discharge any of its obligations or liabilities under this Agreement, any remedy of law may prove to be inadequate relief to the Lenders. Therefore, the Borrower agrees that the Lenders, at the Lenders’ option, shall be entitled to temporary
and permanent injunctive relief in any such case without the necessity of proving actual damages. 
 Section 12.9 Successors and
Assigns; Participations. 
 (a) Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that neither the Borrower nor any other Credit Party may assign or otherwise transfer any of its rights or obligations hereunder without
the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of paragraph
(b) of this Section 12.9, (ii) by way of participation in accordance with the provisions of paragraph (d) of this Section 12.9 or (iii) by way of pledge or assignment of a security interest
subject to the restrictions of paragraph (e) of this Section 12.9 (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be
construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in paragraph (d) of this Section and, to the extent expressly contemplated
hereby, the Related Parties of each of the Administrative Agent and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

(b) Assignments by Lenders. Any Lender may at any time assign to one or more Eligible Assignees all or a portion of its rights and
obligations under this Agreement (including all or a portion of its
(i) Revolving Credit Commitment and the Revolving Credit Loans at the time owing to it and/or (ii) Amendment No. 1 Term Loan Commitment and the Amendment
No. 1 Term Loans at the time owing to it); provided that, in each case with respect to any Credit Facility, any such assignment shall be subject to the following conditions:

 (i) Minimum Amounts. 

  
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 (A) in the case of an assignment of the entire remaining amount of the
assigning Lender’s Commitment and/or the Loans at the time owing to it (in each case with respect to any Credit Facility) or contemporaneous assignments to related Approved Funds (determined after giving effect to such assignments) that equal
at least the amount specified in paragraph (b)(i)(B) of this Section 12.9 in the aggregate or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and 

(B) in any case not described in paragraph (b)(i)(A) of this Section 12.9, the aggregate amount of the
Commitment (which for this purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment (determined as
of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent (or, if “Trade Date” is specified in the Assignment and Assumption, as of such date)) shall not be less than $5,000,000, unless each of the Administrative
Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed); provided that the Borrower shall be deemed to have given its consent
five (5) Business Days after the date written notice thereof has been delivered by the assigning Lender (through the Administrative Agent) unless such consent is expressly refused by the Borrower prior to such fifth (5th) Business Day;

 (ii) Proportionate Amounts. 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 with respect to the Loan or the Commitment assigned, except that this clause (ii) shall not prohibit any Lender from assigning all or a portion of its rights and
obligations among separate classes on a non-pro rata basis; 
 (iii) Required Consents. No consent shall be required for any
assignment except to the extent required by paragraph (b)(i)(B) of this Section 12.9 and, in addition: 

(A) the consent of the Borrower (such consent not to be unreasonably withheld or delayed) shall be required unless (x) an
Event of Default has occurred and is continuing at the time of such assignment, (y) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund or (z) the assignment is made in connection with the primary syndication of
the Credit Facility; provided that the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received
written notice thereof; 
 (B) the consent of the Administrative Agent (such consent not to be unreasonably withheld or
delayed) shall be required for assignments in respect of
(i) the Revolving Credit Facility if such assignment is to a
Person that is not a Lender with a Revolving Credit Commitment, as applicable, an Affiliate of such
Lender or an Approved Fund with respect to such Lender or (ii) the Term Loans to a Person who is not a
Lender, an Affiliate of a Lender or an Approved Fund; and 
 (C)
the consents of the Issuing Lenders and the Swingline Lender shall be required for any assignment in respect of the Revolving Credit Facility. 

(iv) Assignment and Assumption. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and
Assumption, together with a 

  
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processing and recordation fee of $3,500 for each assignment; provided that (A) only one such fee will be payable in connection with simultaneous assignments to two or more related
Approved Funds by a Lender and (B) the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative
Agent an Administrative Questionnaire. 
 (v) No Assignment to Certain Persons. No such assignment shall be made to (A) the
Borrower or any of its subsidiaries or Affiliates (other than the Borrower or a Subsidiary of Borrower in compliance with Section 12.9(h)) or (B) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a
Lender hereunder, would constitute any of the foregoing Persons described in this clause (B). 
 (vi) No Assignment to Natural
Persons. No such assignment shall be made to a natural Person (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural Person). 

(vii) Certain Additional Payments. In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no
such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon
distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the Administrative Agent,
the applicable pro rata share of Loans previously requested, but not funded by, the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (A) pay and satisfy in full all payment
liabilities then owed by such Defaulting Lender to the Administrative Agent, the Issuing Lenders, the Swingline Lender and each other Lender hereunder (and interest accrued thereon), and (B) acquire (and fund as appropriate) its full pro
rata share of all Loans and participations in Letters of Credit and Swingline Loans in accordance with its Revolving Credit Commitment Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any
Defaulting Lender hereunder shall become effective under Applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until
such compliance occurs. 
 Subject to acceptance and recording thereof by the Administrative Agent pursuant to paragraph (c) of this
Section 12.9, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have
the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case
of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 5.8,
5.9, 5.10, 5.11 and 12.3 with respect to facts and circumstances occurring prior to the effective date of such assignment; provided that except to the extent otherwise expressly agreed by the affected parties, no
assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Any assignment or transfer by a Lender of rights or obligations under this
Agreement that does not comply with this paragraph shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with paragraph (d) of this
Section 12.9 (other than a purported assignment to a natural Person or the Borrower or any of the Borrower’s Subsidiaries or Affiliates, which shall be null and void). 

  
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 (c) Register. The Administrative Agent, acting solely for this purpose as a
non-fiduciary agent of the Borrower, shall maintain at one of its offices, a copy of each Assignment and Assumption and each Lender Joinder Agreement delivered to it and a register for the recordation of the names and addresses of the Lenders, and
the Commitment of, and principal amounts of (and stated interest on) the Loans owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, absent manifest
error, and the Borrower, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement. The Register shall be available
for inspection by the Borrower and any Lender (but only to the extent of entries in the Register that are applicable to such Lender), at any reasonable time and from time to time upon reasonable prior notice. 

(d) Participations. Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell
participations to any Person (other than a natural Person, or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of, a natural Person, or the Borrower or any of the Borrower’s Subsidiaries or
Affiliates) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans owing to it); provided that
(i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrower, the
Administrative Agent, the Issuing Lender, the Swingline Lender and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. For the avoidance of
doubt, each Lender shall be responsible for the indemnity under Section 12.3(c) with respect to any payments made by such Lender to its Participant(s). 

Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right
to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree
to any amendment, modification or waiver described in Section 12.2(b), (c), (d), (e) or (f) that directly and adversely affects such Participant. The Borrower agrees that each Participant shall be
entitled to the benefits of Sections 5.9, 5.10 and 5.11 (subject to the requirements and limitations therein, including the requirements under Section 5.11(g) (it being understood that the documentation required
under Section 5.11(g) shall be delivered to the participating Lender)) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to this Section 12.9(b); provided that such
Participant (A) shall be subject to the provisions of Section 5.12 as if it were an assignee under this Section 12.9(b); and (B) shall not be entitled to receive any greater payment under Sections 5.10 or
5.11, with respect to any participation, than its participating Lender would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant
acquired the applicable participation. Each Lender that sells a participation agrees, at the Borrower’s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of Section 5.12(b)
with respect to any Participant. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 12.4 as though it were a Lender; provided that such Participant shall be subject to
Section 5.6 and Section 12.4 as though it were a Lender. 
 Each Lender that sells a participation shall, acting
solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts of (and stated interest on) each Participant’s interest in the Loans or
other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant
or any information relating to a Participant’s interest in any commitments, loans, letters of 

  
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credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other
obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is
recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent)
shall have no responsibility for maintaining a Participant Register. 
 (e) Certain Pledges. Any Lender may at any time pledge or
assign a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including without limitation any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no
such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(f) Cashless Settlement. Notwithstanding anything to the contrary contained in this Agreement, any Lender may exchange, continue or
rollover all or a portion of its Loans in connection with any refinancing, extension, loan modification or similar transaction permitted by the terms of this Agreement, pursuant to a cashless settlement mechanism approved by the Borrower, the
Administrative Agent and such Lender. 

(g) [Reserved]. 
 (h) Any Lender
may, so long as no Event of Default has occurred and is continuing, at any time, assign all or a portion of its rights and obligations with respect to any Class of Incremental Term Loans under this Agreement to the Borrower or any Subsidiary through
open market purchases on a non-pro rata basis; provided, further, that: 
 (i) No Revolving Credit Loans or Revolving Credit Commitments by
be so assigned to the Borrower or any of its Affiliates; 
 (ii) if the assignee is the Borrower, (a) the principal amount of such
Incremental Term Loans, along with all accrued and unpaid interest thereon, so contributed, assigned or transferred to the Borrower shall be deemed automatically cancelled and extinguished on the date of such contribution, assignment or transfer,
(b) the aggregate outstanding principal amount of Incremental Term Loans of the remaining Lenders shall reflect such cancellation and extinguishing of the Incremental Term Loans then held by the Borrower and (c) the Borrower shall promptly
provide notice to the Administrative Agent of such contribution, assignment or transfer of such Incremental Term Loans, and the Administrative Agent, upon receipt of such notice, shall reflect the cancellation of the applicable Incremental Term
Loans in the Register; and 
 (iii) purchases of Incremental Term Loans pursuant to this Section 12.2(h) shall not be funded with
the proceeds of Revolving Credit Loans or Swingline Loans. 
 Each Lender participating in any assignment to the Borrower or any of its
Subsidiaries acknowledges and agrees that in connection with such assignment, (1) the Borrower or any of its Subsidiaries then may have, and later may come into possession of Excluded Information, (2) such Lender has independently and,
without reliance on, the Borrower or any of its Subsidiaries, the Administrative Agent or any other Agent Party, made its own analysis and determination to participate in such assignment notwithstanding such Lender’s lack of knowledge of the
Excluded Information, (3) none of the Administrative 

  
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Agent or any other Agent Party shall have any liability to such Lender, and such Lender hereby waives and releases, to the extent permitted by law, any claims such Lender may have against the
Administrative Agent and any other Agent Party, under applicable Law or otherwise, with respect to the nondisclosure of the Excluded Information and (4) that the Excluded Information may not be available to the Administrative Agent or the other
Lenders. 
 Section 12.10 Treatment of Certain Information; Confidentiality. Each of the Administrative Agent, the Lenders and
the Issuing Lender agrees to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective Related Parties in connection with
the Credit Facility, this Agreement, the transactions contemplated hereby or in connection with marketing of services by such Affiliate or Related Party to the Borrower or any of its Subsidiaries (it being understood that the Persons to whom such
disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent required or requested by, or required to be disclosed to, any regulatory or similar
authority purporting to have jurisdiction over such Person or its Related Parties (including any self-regulatory authority, such as the National Association of Insurance Commissioners) or in accordance with the Administrative Agent’s, the
Agent’s, the Issuing Lender’s or any Lender’s regulatory compliance policy if the Administrative Agent, the Agent, the Issuing Lender or such Lender, as applicable, deems such disclosure to be necessary for the mitigation of claims by
those authorities against the Administrative Agent, the Agent, the Issuing Lender or such Lender, as applicable, or any of its Related Parties (in which case, the Administrative Agent, the Agent, the Issuing Lender or such Lender, as applicable,
shall use commercially reasonable efforts to, except with respect to any audit or examination conducted by bank accountants or any governmental bank regulatory authority exercising examination or regulatory authority, promptly notify the Borrower,
in advance, to the extent practicable and otherwise permitted by Applicable Law), (c) as to the extent required by Applicable Laws or regulations or in any legal, judicial, administrative proceeding or other compulsory process, (d) to any
other party hereto, (e) in connection with the exercise of any remedies under this Agreement, under any other Loan Document or under any Secured Hedge Agreement or Secured Cash Management Agreement, or any action or proceeding relating to this
Agreement, any other Loan Document or any Secured Hedge Agreement or Secured Cash Management Agreement, or the enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of
this Section 12.10, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights and obligations under this Agreement, (ii) any actual or prospective party (or its Related
Parties) to any swap, derivative or other transaction under which payments are to be made by reference to the Borrower and its obligations, this Agreement or payments hereunder, (iii) to an investor or prospective investor in an Approved Fund
that also agrees that Information shall be used solely for the purpose of evaluating an investment in such Approved Fund, (iv) to a trustee, collateral manager, servicer, backup servicer, noteholder or secured party in an Approved Fund in
connection with the administration, servicing and reporting on the assets serving as collateral for an Approved Fund, (v) to a nationally recognized rating agency that requires access to information regarding the Borrower and its Subsidiaries,
the Loans and the Loan Documents in connection with ratings issued with respect to an Approved Fund or (vi) to any credit insurance provider relating to the Borrower and its obligations under this Agreement (g) on a confidential basis to
(i) any rating agency in connection with rating the Borrower or its Subsidiaries or the Credit Facility or (ii) the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers with respect to
the Credit Facility, (h) with the consent of the Borrower, (i) deal terms and other information customarily reported to Thomson Reuters, other bank market data collectors and similar service providers to the lending industry and service
providers to the Administrative Agent and the Lenders in connection with the administration of the Loan Documents, (j) to the extent such Information (i) becomes publicly available other than as a result of a breach of this
Section 12.10 or (ii) becomes available to the Administrative Agent, any 

  
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Lender, any Issuing Lender or any of their respective Affiliates from a third party that is not, to such Person’s knowledge, subject to confidentiality obligations to the Borrower,
(k) to the extent that such information is independently developed by such Person, or (l) for purposes of establishing a “due diligence” defense. For purposes of this Section 12.10, “Information” means all
information received from any Credit Party or any subsidiary thereof relating to any Credit Party or any subsidiary thereof or any of their respective businesses, other than any such information that is available to the Administrative Agent, any
Lender or any Issuing Lender on a nonconfidential basis prior to disclosure by any Credit Party or any subsidiary thereof. Any Person required to maintain the confidentiality of Information as provided in this Section 12.10 shall be
considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

Section 12.11 Performance of Duties. Each of the Credit Party’s obligations under this Agreement and each of the other Loan
Documents shall be performed by such Credit Party at its sole cost and expense. 
 Section 12.12 All Powers Coupled with
Interest. All powers of attorney and other authorizations granted to the Lenders, the Administrative Agent and any Persons designated by the Administrative Agent or any Lender pursuant to any provisions of this Agreement or any of the other Loan
Documents shall be deemed coupled with an interest and shall be irrevocable so long as any of the Obligations remain unpaid or unsatisfied, any of the Commitments remain in effect or the Credit Facility has not been terminated. 

Section 12.13 Survival. 

(a) All representations and warranties set forth in Article VII and all representations and warranties contained in any certificate, or
any of the Loan Documents (including, but not limited to, any such representation or warranty made in or in connection with any amendment thereto) shall constitute representations and warranties made under this Agreement. All representations and
warranties made under this Agreement shall be made or deemed to be made at and as of the Closing Date (except those that are expressly made as of a specific date), shall survive the Closing Date and shall not be waived by the execution and delivery
of this Agreement, any investigation made by or on behalf of the Lenders or any borrowing hereunder. 
 (b) Notwithstanding any termination
of this Agreement, the indemnities to which the Administrative Agent and the Lenders are entitled under the provisions of this Article XII and any other provision of this Agreement and the other Loan Documents shall continue in full force and
effect and shall protect the Administrative Agent and the Lenders against events arising after such termination as well as before. 

Section 12.14 Titles and Captions. Titles and captions of Articles, Sections and subsections in, and the table of contents of,
this Agreement are for convenience only, and neither limit nor amplify the provisions of this Agreement. 
 Section 12.15
Severability of Provisions. Any provision of this Agreement or any other Loan Document which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective only to the extent of such prohibition or
unenforceability without invalidating the remainder of such provision or the remaining provisions hereof or thereof or affecting the validity or enforceability of such provision in any other jurisdiction. In the event that any provision is held to
be so prohibited or unenforceable in any jurisdiction, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such provision to preserve the original intent thereof in such jurisdiction (subject to the approval
of the Required Lenders). 

  
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 Section 12.16 Counterparts; Integration; Effectiveness; Electronic Execution.

 (a) Counterparts; Integration; Effectiveness. This Agreement may be executed in counterparts (and by different parties hereto in
different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement and the other Loan Documents, and any separate letter agreements with respect to fees
payable to the Administrative Agent, the Issuing Lender, the Swingline Lender and/or any Arranger, constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and
understandings, oral or written, relating to the subject matter hereof. 
 (b) Electronic Execution. This Agreement and any document,
amendment, approval, consent, information, notice, certificate, request, statement, disclosure or authorization related to this Agreement (each, a “Communication”), including Communications required to be in writing, may, if agreed
by Bank of America, be in the form of an Electronic Record and may be executed using Electronic Signatures, including, without limitation, facsimile and/or .pdf. The Borrower agrees that any Electronic Signature (including, without limitation,
facsimile or .pdf) on or associated with any Communication shall be valid and binding on the Borrower to the same extent as a manual, original signature, and that any Communication entered into by Electronic Signature, will constitute the legal,
valid and binding obligation of the Borrower enforceable against the Borrower in accordance with the terms thereof to the same extent as if a manually executed original signature was delivered to Bank of America. Any Communication may be executed in
as many counterparts as necessary or convenient, including both paper and electronic counterparts, but all such counterparts are one and the same Communication. For the avoidance of doubt, the authorization under this paragraph may include, without
limitation, use or acceptance by Bank of America of a manually signed paper Communication which has been converted into electronic form (such as scanned into PDF format), or an electronically signed Communication converted into another format, for
transmission, delivery and/or retention. Bank of America may, at its option, create one or more copies of any Communication in the form of an imaged Electronic Record (“Electronic Copy”), which shall be deemed created in the
ordinary course of Bank of America’s business, and destroy the original paper document. All Communications in the form of an Electronic Record, including an Electronic Copy, shall be considered an original for all purposes, and shall have the
same legal effect, validity and enforceability as a paper record. Notwithstanding anything contained herein to the contrary, Bank of America is under no obligation to accept an Electronic Signature in any form or in any format unless expressly
agreed to by Bank of America pursuant to procedures approved by it; provided, further, without limiting the foregoing, (a) to the extent Bank of America has agreed to accept such Electronic Signature, Bank of America shall be entitled to rely
on any such Electronic Signature purportedly given by or on behalf of any Credit Party without further verification and (b) upon the request of Bank of America any Electronic Signature shall be promptly followed by a manually executed, original
counterpart. 
 Section 12.17 Term of Agreement. This Agreement shall remain in effect from the Closing Date through and
including the date upon which all Obligations (other than contingent indemnification obligations not then due) arising hereunder or under any other Loan Document shall have been indefeasibly and irrevocably paid and satisfied in full, all Letters of
Credit have been terminated or expired (or been Cash Collateralized) or otherwise satisfied in a manner acceptable to the Issuing Lender and the Revolving Credit Commitment has been terminated. No termination of this Agreement shall affect the
rights and obligations of the parties hereto arising prior to such termination or in respect of any provision of this Agreement which survives such termination. 

  
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 Section 12.18 USA PATRIOT Act; Anti-Money Laundering Laws. The Administrative
Agent and each Lender hereby notifies the Borrower that pursuant to the requirements of the PATRIOT Act or any other Anti-Money Laundering Laws, each of them is required to obtain, verify and record information that identifies each Credit Party,
which information includes the name and address of each Credit Party and other information that will allow such Lender to identify each Credit Party in accordance with the PATRIOT Act or such Anti-Money Laundering Laws. 

Section 12.19 Independent Effect of Covenants. The Borrower expressly acknowledges and agrees that each covenant contained in
Articles VIII or IX hereof shall be given independent effect. Accordingly, the Borrower
shall not engage in any transaction or other act otherwise permitted under any covenant contained in Articles VIII or IX, before or after giving effect to such transaction or act, the Borrower shall or would be in breach of any other covenant
contained in Articles VIII or IX. 

Section 12.20 No Advisory or Fiduciary Responsibility. 

(a) In connection with all aspects of each transaction contemplated hereby, each Credit Party acknowledges and agrees, and acknowledges its
Affiliates’ understanding, that (i) the facilities provided for hereunder and any related arranging or other services in connection therewith (including in connection with any amendment, waiver or other modification hereof or of any other
Loan Document) are an arm’s-length commercial transaction between the Borrower and its Affiliates, on the one hand, and the Administrative Agent, the Arrangers and the Lenders, on the other hand, and the Borrower is capable of evaluating and
understanding and understands and accepts the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents (including any amendment, waiver or other modification hereof or thereof), (ii) in connection with
the process leading to such transaction, each of the Administrative Agent, the Arrangers and the Lenders is and has been acting solely as a principal and is not the financial advisor, agent or fiduciary, for the Borrower or any of its Affiliates,
stockholders, creditors or employees or any other Person, (iii) none of the Administrative Agent, the Arrangers or the Lenders has assumed or will assume an advisory, agency or fiduciary responsibility in favor of the Borrower with respect to
any of the transactions contemplated hereby or the process leading thereto, including with respect to any amendment, waiver or other modification hereof or of any other Loan Document (irrespective of whether any Arranger or Lender has advised or is
currently advising the Borrower or any of its Affiliates on other matters) and none of the Administrative Agent, the Arrangers or the Lenders has any obligation to the Borrower or any of its Affiliates with respect to the financing transactions
contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents, (iv) the Arrangers and the Lenders and their respective Affiliates may be engaged in a broad range of transactions that involve interests
that differ from, and may conflict with, those of the Borrower and its Affiliates, and none of the Administrative Agent, the Arrangers or the Lenders has any obligation to disclose any of such interests by virtue of any advisory, agency or fiduciary
relationship and (v) the Administrative Agent, the Arrangers and the Lenders have not provided and will not provide any legal, accounting, regulatory or tax advice with respect to any of the transactions contemplated hereby (including any
amendment, waiver or other modification hereof or of any other Loan Document) and the Credit Parties have consulted their own legal, accounting, regulatory and tax advisors to the extent they have deemed appropriate. 

(b) Each Credit Party acknowledges and agrees that each Lender, the Arrangers and any Affiliate thereof may lend money to, invest in, and
generally engage in any kind of business with, any of the Borrower, any Affiliate thereof or any other person or entity that may do business with or own securities of any of the foregoing, all as if such Lender, Arranger or Affiliate thereof were
not a Lender or Arranger or an Affiliate thereof (or an agent or any other person with any similar role under the Credit Facilities) and without any duty to account therefor to any other Lender, the Arrangers, the Borrower or any Affiliate of the
foregoing. Each Lender, the Arrangers and any Affiliate thereof may accept fees and 

  
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other consideration from the Borrower or any Affiliate thereof for services in connection with this Agreement, the Credit Facilities or otherwise without having to account for the same to any
other Lender, the Arrangers, the Borrower or any Affiliate of the foregoing. 
 Section 12.21 [Reserved]. 

Section 12.22 Inconsistencies with Other Documents. In the event there is a conflict or inconsistency between this Agreement and
any other Loan Document, the terms of this Agreement shall control; provided that any provision of the Security Documents which imposes additional burdens on the Borrower or any of its Subsidiaries or further restricts the rights of the Borrower or
any of its Subsidiaries or gives the Administrative Agent or Lenders additional rights shall not be deemed to be in conflict or inconsistent with this Agreement and shall be given full force and effect. 

Section 12.23 Acknowledgement and Consent to Bail-In of Affected Financial Institutions. Notwithstanding anything to the contrary
in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Affected Financial Institution arising under any Loan Document, to the extent such
liability is unsecured, may be subject to the Write-Down and Conversion Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: 

(a) the application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such liabilities arising hereunder
which may be payable to it by any party hereto that is an Affected Financial Institution; and 
 (b) the effects of any Bail-In Action on
any such liability, including, if applicable: 
 (i) a reduction in full or in part or cancellation of any such liability; 

(ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such Affected Financial
Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such
liability under this Agreement or any other Loan Document; or 
 (iii) the variation of the terms of such liability in connection with the
exercise of the Write-Down and Conversion Powers of the applicable Resolution Authority. 
 Section 12.24 Acknowledgement Regarding
Any Supported QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for Hedge Agreements or any other agreement or instrument that is a QFC (such support, “QFC Credit Support” and, each
such QFC, a “Supported QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the FDIC under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer
Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan
Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States): 

(a) In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”) becomes subject to a proceeding
under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under 

  
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such Supported QFC and such QFC Credit Support, and any rights in property securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as
the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such interest, obligation and rights in property) were governed by the laws of the United States or a state of the
United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or
any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Loan
Documents were governed by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event
affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support. 
 (b) As used in this
Section 12.24, the following terms have the following meanings: 
 “BHC Act Affiliate” of a party means an
“affiliate” (as such term is defined under, and interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. 

“Covered Entity” means any of the following: 

(i) a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b); 

(ii) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 47.3(b); or 

(iii) a “covered FSI” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b). 

“Default Right” has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§
252.81, 47.2 or 382.1, as applicable. 
 “QFC” has the meaning assigned to the term “qualified financial
contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). 
 [Signature pages follow] 

  
 157 

 
			
	DORMAN PRODUCTS, INC., as Borrower
		
	By:	 	  

		 	Name:
		 	Title:

 [Signature Page to Credit Agreement] 

 
			
	BANK OF AMERICA, N.A., as Administrative Agent

 
			
		
	By:	 	  

		 	Name:
		 	Title:

 
			
	
	BANK OF AMERICA, N.A., as a Lender, an Issuing
	Lender and Swingline Lender

 
			
		
	By:	 	  

		 	Name:
		 	Title:

 [Signature Page to Credit Agreement] 

 
			
	[            ], as a Lender and an Issuing Lender
		
	By:	 	  

		 	Name:
		 	Title:

 [Signature Page to Credit Agreement]EX-4.1

 Exhibit 4.1 
  

 
  

BAUSCH HEALTH COMPANIES INC. 

$1,774,067,000 
 11.00%
SENIOR SECURED NOTES DUE 2028 
  
  

INDENTURE 
 DATED AS OF
SEPTEMBER 30, 2022 
  
  

THE BANK OF NEW YORK MELLON, 
 AS
TRUSTEE, REGISTRAR AND PAYING AGENT 
 AND THE NOTES COLLATERAL AGENTS PARTY HERETO 

 
  

 
  

 TABLE OF CONTENTS 
  

							
	 	 	 	  	Page	 
		
	ARTICLE 1	  			
		
	DEFINITIONS AND INCORPORATION BY REFERENCE	  			
			
	 Section 1.1
	 	Definitions	  	 	1	 
	 Section 1.2
	 	Other Definitions	  	 	31	 
	 Section 1.3
	 	Rules of Construction	  	 	32	 
		
	ARTICLE 2	  			
		
	THE SECURITIES	  			
			
	 Section 2.1
	 	Form and Dating	  	 	33	 
	 Section 2.2
	 	Execution and Authentication	  	 	34	 
	 Section 2.3
	 	Registrar and Paying Agent	  	 	35	 
	 Section 2.4
	 	Paying Agent to Hold Money in Trust	  	 	35	 
	 Section 2.5
	 	Noteholder Lists	  	 	35	 
	 Section 2.6
	 	Transfer and Exchange	  	 	35	 
	 Section 2.7
	 	Replacement Notes	  	 	36	 
	 Section 2.8
	 	Outstanding Notes	  	 	36	 
	 Section 2.9
	 	Treasury Notes	  	 	37	 
	 Section 2.10
	 	Temporary Notes	  	 	37	 
	 Section 2.11
	 	Cancellation	  	 	37	 
	 Section 2.12
	 	Legend; Additional Transfer and Exchange Requirements	  	 	37	 
	 Section 2.13
	 	CUSIP, Common Code and ISIN Numbers	  	 	39	 
		
	ARTICLE 3	  			
		
	REDEMPTION AND PURCHASES	  			
	 Section 3.1
	 	Right to Redeem	  	 	39	 
	 Section 3.2
	 	Selection of Notes to Be Redeemed	  	 	40	 
	 Section 3.3
	 	Notice of Redemption	  	 	40	 
	 Section 3.4
	 	Effect of Notice of Redemption	  	 	41	 
	 Section 3.5
	 	Deposit of Redemption Price	  	 	41	 
	 Section 3.6
	 	Notes Redeemed in Part	  	 	41	 
	 Section 3.7
	 	Optional Redemption	  	 	41	 
	 Section 3.8
	 	Purchase of Notes at Option of the Holder Upon Change of Control	  	 	42	 
	 Section 3.9
	 	Effect of Change of Control Purchase Notice	  	 	44	 
	 Section 3.10
	 	Deposit of Change of Control Purchase Price	  	 	44	 
	 Section 3.11
	 	Notes Purchased in Part	  	 	45	 
	 Section 3.12
	 	Compliance with Securities Laws upon Purchase of Notes	  	 	45	 
	 Section 3.13
	 	Repayment to the Company	  	 	45	 
	 Section 3.14
	 	Offer to Purchase by Application of Excess Proceeds	  	 	45	 
		
	ARTICLE 4	  			
		
	COVENANTS	  			
			
	 Section 4.1
	 	Payment of Notes	  	 	46	 
	 Section 4.2
	 	Maintenance of Office or Agency	  	 	47	 

  
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	 	 	 	  	Page	 
			
	 Section 4.3
	 	Reports	  	 	47	 
	 Section 4.4
	 	Compliance Certificates	  	 	48	 
	 Section 4.5
	 	Further Instruments and Acts	  	 	48	 
	 Section 4.6
	 	Maintenance of Corporate Existence	  	 	49	 
	 Section 4.7
	 	Changes in Covenants When Notes Rated Investment Grade	  	 	49	 
	 Section 4.8
	 	Restricted Payments	  	 	49	 
	 Section 4.9
	 	Incurrence of Indebtedness and Issuance of Preferred Stock	  	 	52	 
	 Section 4.10
	 	[Reserved]	  	 	55	 
	 Section 4.11
	 	Liens	  	 	55	 
	 Section 4.12
	 	Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries	  	 	56	 
	 Section 4.13
	 	Transactions with Affiliates	  	 	57	 
	 Section 4.14
	 	Asset Sales	  	 	58	 
	 Section 4.15
	 	Additional Note Guarantees	  	 	61	 
	 Section 4.16
	 	Designation of Restricted and Unrestricted Subsidiaries	  	 	62	 
	 Section 4.17
	 	Business Activities	  	 	62	 
	 Section 4.18
	 	Limitation on Bausch + Lomb Contributions, Transfers and Dispositions	  	 	62	 
	 Section 4.19
	 	Stay, Extension and Usury Laws	  	 	63	 
	 Section 4.20
	 	Notice of Default	  	 	63	 
	 Section 4.21
	 	Payment of Additional Amounts	  	 	63	 
	 Section 4.22
	 	After-Acquired Property	  	 	65	 
	 Section 4.23
	 	Additional Material Real Estate Assets	  	 	67	 
	 Section 4.24
	 	No Impairment of the Security Interests	  	 	67	 
		
	ARTICLE 5	  	 	 
		
	MERGER, CONSOLIDATION OR SALE OF ASSETS	  	 	 
			
	 Section 5.1
	 	Merger, Consolidation or Sale of Assets	  	 	67	 
	 Section 5.2
	 	Successor Substituted	  	 	68	 
		
	ARTICLE 6	  	 	 
		
	DEFAULT AND REMEDIES	  	 	 
			
	 Section 6.1
	 	Events of Default	  	 	68	 
	 Section 6.2
	 	Acceleration	  	 	70	 
	 Section 6.3
	 	Other Remedies	  	 	72	 
	 Section 6.4
	 	Waiver of Defaults and Events of Default	  	 	72	 
	 Section 6.5
	 	Control by Majority	  	 	72	 
	 Section 6.6
	 	Limitations on Suits	  	 	72	 
	 Section 6.7
	 	Rights of Holders to Receive Payment	  	 	72	 
	 Section 6.8
	 	Collection Suit by Trustee	  	 	73	 
	 Section 6.9
	 	Trustee May File Proofs of Claim	  	 	73	 
	 Section 6.10
	 	Priorities	  	 	73	 
	 Section 6.11
	 	Undertaking for Costs	  	 	73	 
		
	ARTICLE 7	  	 	 
		
	TRUSTEE	  	 	 
			
	 Section 7.1
	 	Duties of Trustee	  	 	74	 
	 Section 7.2
	 	Rights of Trustee	  	 	74	 
	 Section 7.3
	 	Individual Rights of Trustee	  	 	75	 
	 Section 7.4
	 	Trustee’s Disclaimer	  	 	76	 
	 Section 7.5
	 	Notice of Default or Events of Default	  	 	76	 
	 Section 7.6
	 	[Reserved]	  	 	76	 

  
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	 	 	 	  	Page	 
			
	 Section 7.7
	 	Compensation and Indemnity	  	 	76	 
	 Section 7.8
	 	Replacement of Trustee	  	 	76	 
	 Section 7.9
	 	Successor Trustee by Merger, Etc.	  	 	77	 
	 Section 7.10
	 	Eligibility; Disqualification	  	 	77	 
	 Section 7.11
	 	Preferential Collection of Claims Against the Company	  	 	77	 
	 Section 7.12
	 	Collateral Documents; Intercreditor Agreements	  	 	77	 
		
	ARTICLE 8	  	 	 
		
	DEFEASANCE; SATISFACTION AND	  	 	 
	DISCHARGE OF INDENTURE	  	 	 
			
	 Section 8.1
	 	Satisfaction and Discharge of Indenture	  	 	78	 
	 Section 8.2
	 	Legal Defeasance	  	 	79	 
	 Section 8.3
	 	Covenant Defeasance	  	 	80	 
	 Section 8.4
	 	Application of Trust Money	  	 	81	 
	 Section 8.5
	 	Repayment to the Company	  	 	81	 
	 Section 8.6
	 	Reinstatement	  	 	81	 
		
	ARTICLE 9	  	 	 
		
	AMENDMENTS, SUPPLEMENTS AND WAIVERS	  	 	 
			
	 Section 9.1
	 	Without Consent of Holders	  	 	81	 
	 Section 9.2
	 	With Consent of Holders	  	 	82	 
	 Section 9.3
	 	Notice of Amendment, Supplement or Waiver	  	 	83	 
	 Section 9.4
	 	Revocation and Effect of Consents	  	 	83	 
	 Section 9.5
	 	Notation on or Exchange of Notes	  	 	83	 
	 Section 9.6
	 	Trustee to Sign Amendments, Etc.	  	 	84	 
	 Section 9.7
	 	Effect of Supplemental Indentures	  	 	84	 
		
	ARTICLE 10	  	 	 
		
	NOTE GUARANTEES	  	 	 
			
	 Section 10.1
	 	Note Guarantees	  	 	84	 
	 Section 10.2
	 	Execution and Delivery of Note Guarantees	  	 	85	 
	 Section 10.3
	 	Limitation on Note Guarantor Liability	  	 	85	 
	 Section 10.4
	 	Merger and Consolidation of Note Guarantors	  	 	86	 
	 Section 10.5
	 	Release	  	 	86	 
		
	ARTICLE 11	  	 	 
		
	MISCELLANEOUS	  	 	 
			
	 Section 11.1
	 	Certain Trust Indenture Act Sections	  	 	87	 
	 Section 11.2
	 	Notices.	  	 	87	 
	 Section 11.3
	 	Communications by Holders With Other Holders	  	 	89	 
	 Section 11.4
	 	Certificate and Opinion of Counsel as to Conditions Precedent	  	 	89	 
	 Section 11.5
	 	Record Date for Vote or Consent of Holders	  	 	89	 
	 Section 11.6
	 	Rules by Trustee, Paying Agent and Registrar	  	 	90	 
	 Section 11.7
	 	Legal Holidays	  	 	90	 
	 Section 11.8
	 	Governing Law; Submission to Jurisdiction; Waiver of Jury Trial	  	 	90	 
	 Section 11.9
	 	No Adverse Interpretation of Other Agreements	  	 	90	 
	 Section 11.10
	 	No Recourse Against Others	  	 	90	 

  
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	 	 	 	  	Page	 
			
	 Section 11.11
	 	Successors	  	 	90	 
	 Section 11.12
	 	Multiple Counterparts; Execution	  	 	90	 
	 Section 11.13
	 	Separability	  	 	91	 
	 Section 11.14
	 	Table of Contents, Headings, etc.	  	 	91	 
	 Section 11.15
	 	Calculations in Respect of the Notes	  	 	91	 
	 Section 11.16
	 	Agent for Service and Waiver of Immunities	  	 	92	 
	 Section 11.17
	 	Judgment Currency	  	 	92	 
	 Section 11.18
	 	Foreign Currency Equivalent	  	 	92	 
	 Section 11.19
	 	Usury Savings Clause	  	 	92	 
	 Section 11.20
	 	Interest Act (Canada)	  	 	93	 
	 Section 11.21
	 	Tax Matters	  	 	93	 
		
	ARTICLE 12	  	 	 
		
	COLLATERAL	  	 	 
			
	 Section 12.1
	 	Collateral Documents	  	 	93	 
	 Section 12.2
	 	Release of Collateral	  	 	94	 
	 Section 12.3
	 	Suits to Protect the Collateral	  	 	96	 
	 Section 12.4
	 	Authorization of Receipt of Funds by the Trustee Under the Collateral Documents	  	 	96	 
	 Section 12.5
	 	Purchaser Protected	  	 	96	 
	 Section 12.6
	 	Powers Exercisable by Receiver or Trustee	  	 	96	 
	 Section 12.7
	 	Release Upon Termination of the Company’s Obligations	  	 	96	 
	 Section 12.8
	 	Notes Collateral Agents	  	 	97	 
		
	ARTICLE 13	  	 	 
		
	PARALLEL DEBT	  	 	 
			
	 Section 13.1
	 	Purpose; Governing Law	  	 	103	 
	 Section 13.2
	 	Parallel Debt (The Netherlands and Poland)	  	 	103	 
	 Section 13.3
	 	Parallel Debt (Hungary)	  	 	104	 
	 Section 13.4
	 	Parallel Debt (Mexico)	  	 	104	 
	 Section 13.5
	 	Parallel Debt (Switzerland)	  	 	105	 
	 Section 13.6
	 	Additional Parallel Debt Provisions	  	 	106	 

  

					
	EXHIBITS	 		 	
			
	EXHIBIT A	 	-  	 	FORM OF NOTE
	EXHIBIT B	 	-  	 	FORM OF GUARANTEE
	EXHIBIT C	 	-  	 	FORM OF CERTIFICATE FROM ACQUIRING INSTITUTIONAL ACCREDITED INVESTOR
	EXHIBIT D	 	-  	 	FORM OF CANADIAN NOTE GUARANTEE

  

  
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 THIS INDENTURE dated as of September 30, 2022 is among Bausch Health Companies Inc., a
corporation continued under the laws of the Province of British Columbia (the “Company”), the Note Guarantors party hereto, The Bank of New York Mellon (“BNY Mellon”), a New York banking corporation, not in its
individual capacity but solely as Trustee (in such capacity, the “Trustee”), Registrar, and Paying Agent, BNY Mellon, as a notes collateral agent (together with certain of its branches, affiliates and agents party hereto) and TMF
Group New York, LLC (“TMF”), a corporation organized under the laws of the State of Delaware, as a notes collateral agent. 

In consideration of the premises and the purchase of the Notes by the Holders thereof, all parties agree as follows for the benefit of the
other and for the equal and ratable benefit of the registered Holders of the Company’s Notes. 
 ARTICLE 1 

DEFINITIONS AND INCORPORATION BY REFERENCE 

Section 1.1 Definitions. 

“144A Global Note” means a Global Note substantially in the form of Exhibit A hereto bearing the Global Note Legend
and the Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will initially be issued in a denomination equal to the principal amount of the Notes sold in reliance on Rule 144A. 

“Acquired Debt” means, with respect to any specified Person: 

(1) Indebtedness of any other Person existing at the time such other Person is merged with or into or became a Subsidiary of
such specified Person and which is not satisfied in full at such time, whether or not such Indebtedness is incurred in connection with, or in contemplation of, such other Person merging with or into, or becoming a Subsidiary of, such specified
Person; and 
 (2) Indebtedness secured by a Lien encumbering any asset acquired by such specified Person. 

“Additional Notes” means the additional principal amount of Notes (other than the Initial Notes) that the Company may issue
from time to time under this Indenture in accordance with Section 2.1(c) of this Indenture as part of the same series of Notes issued on the date hereof other than Notes issued in exchange for, or replacement of outstanding Notes. 

“Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by or under
direct or indirect common control with such specified Person. For purposes of this definition, “control,” as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of
the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise. For purposes of this definition, the terms “controlling,” “controlled by” and “under common control
with” have correlative meanings. 
 “After-Acquired Property” means property (other than Excluded Assets) that is
intended to be Collateral acquired by the Company or a Note Guarantor (including property of a Person that becomes a new Note Guarantor after the Issue Date) that is not automatically subject to a perfected security interest under the Collateral
Documents, which the Company or such Note Guarantor will provide a first priority lien over such property (or in the case of a new Note Guarantor, such of its property) in favor of the Notes Collateral Agents and deliver certain certificates and
opinions in respect thereof, all as and to the extent required by this Indenture or the Collateral Documents; provided that, while any obligations under the Credit Agreement are outstanding, After-Acquired Property shall not include any asset
or property that is not pledged to secure the obligations under the Credit Agreement. 
 “Agent” means any Registrar or
Paying Agent. 
  

 “Applicable Premium” means, with respect to the Notes, as determined by the
Company, the greater of: 
 (1) 1.0% of the then outstanding principal amount of such Notes, and 

(2) (a) the present value of all remaining required interest and principal payments due on such Notes and all premium payments
relating to such Notes assuming a redemption date of September 30, 2028, computed using a discount rate equal to the Treasury Rate plus 50 basis points, minus 

(b) the then outstanding principal amount of such Notes, minus 

(c) accrued interest paid on the date of redemption. 

“Applicable Procedures” means, with respect to any transfer or exchange of beneficial ownership interests in the Global
Notes, the rules and procedures of the Depositary, Euroclear and Clearstream, in each case to the extent applicable, to such transfer or exchange. 

“Asset Sale” means: 

(1) the sale, lease, conveyance or other disposition of any assets, property or rights outside of the ordinary course of
business; provided that the sale, conveyance or other disposition of all or substantially all of the assets of the Company and its Restricted Subsidiaries taken as a whole will be governed by Section 3.8 and/or Section 5.1 hereof
and not by the provisions of Section 4.14 hereof; and 
 (2) the issuance of Equity Interests by any of the
Company’s Restricted Subsidiaries or the sale of Equity Interests in any of its Restricted Subsidiaries, in each case other than directors’ qualifying shares. 

Notwithstanding the preceding, none of the following items will be deemed to be an Asset Sale: 

(1) any single transaction or series of related transactions that involves assets having a Fair Market Value of less than
$100.0 million; 
 (2) a transfer of assets between or among the Company and its Restricted Subsidiaries; 

(3) an issuance of Equity Interests by a Restricted Subsidiary of the Company to the Company or to another Restricted
Subsidiary of the Company; 
 (4) any sale of receivables in connection with a Qualified Securitization Transaction; 

(5) the sale or other disposition of cash or Cash Equivalents; 

(6) a Restricted Payment or a Permitted Investment that is permitted by Section 4.8 hereof; 

(7) the license or sublicense of intellectual property or other general intangibles and licenses, leases or subleases of other
property which do not materially interfere with the business of the Company and its Restricted Subsidiaries, taken as a whole, determined in good faith by the Company; 

(8) the sale, exchange or other disposition of obsolete, worn out, uneconomical or surplus assets, including any such
intellectual property; 
 (9) the sale, lease, conveyance or other disposition to the extent required by, or made pursuant
to, customary buy/sell arrangements between joint venture parties set forth in joint venture arrangements and similar binding agreements; 

  
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 (10) foreclosures on, or condemnation of, assets and the surrender or waiver
of contract rights or the settlement, release or surrender of contract, tort or other claims; 
 (11) sales, transfers or
other dispositions of assets for consideration at least equal to the Fair Market Value of the assets sold or disposed of, but only if the consideration received consists of property or assets (other than cash, except to the extent used as a bona
fide means of equalizing the value of the property or assets involved in the swap transaction; provided, however, that cash does not exceed 10% of the sum of the amount of the cash and the Fair Market Value of the assets received or
given) of a nature or type that are used in a business having property or assets of a nature or type or engaged in a Permitted Business (or Capital Stock of a Person whose assets consist of assets of the type described in this clause (11)); and 

(12) dispositions in connection with any Permitted Bond Hedge Transaction, any Permitted Warrant Transaction or any Packaged
Right. 
 “Attributable Debt” in respect of a sale and leaseback transaction means, at the time of determination, the
present value of the obligation of the lessee for net rental payments during the remaining term of the lease included in such sale and leaseback transaction including any period for which such lease has been extended or may, at the option of the
lessor, be extended. Such present value shall be calculated using a discount rate equal to the rate of interest implicit in such transaction, determined in accordance with GAAP. 

“Bankruptcy Law” means any of Title 11 of the United States Code, the BIA, the CCAA, the WURA and the CBCA, and any other
applicable insolvency, corporate arrangement or restructuring or other similar law of any jurisdiction including any law of any jurisdiction permitting a debtor to obtain a stay or a compromise of the claims of its creditors against it. 

“Bausch + Lomb” means Bausch + Lomb Corporation. 

“Bausch + Lomb Business” means the Company’s global eye health business as described in the Bausch + Lomb Registration
Statement. 
 “Bausch + Lomb Designation Date” means the date on which the Company designates the Bausch + Lomb Entities as
Unrestricted Subsidiaries under this Indenture and the indentures governing the Existing Notes. 
 “Bausch + Lomb Entities”
means 1261229 B.C. Ltd., 1375209 B.C. Ltd., or such other entity that holds Equity Interests of Bausch + Lomb (or any parent thereof), together with Bausch + Lomb and its subsidiaries that together constitute the Bausch + Lomb Business. 

“Bausch + Lomb Registration Statement” means the Registration Statement on Form S-1
relating to the initial public offering of Bausch + Lomb at the time it was declared effective by the U.S. Securities and Exchange Commission. 

“Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act, except that in calculating the beneficial ownership of any particular “person” (as that term is used in Section 13(d)(3) of the Exchange Act), such “person”
will be deemed to have beneficial ownership of all securities that such “person” has the right to acquire by conversion or exercise of other securities, whether such right is currently exercisable or is exercisable only after the passage
of time. The terms “Beneficially Owns” and “Beneficially Owned” have a corresponding meaning. 
 “BHA”
means Bausch Health Americas, Inc., a Delaware corporation, and its successors. 
 “BIA” means the Bankruptcy and
Insolvency Act (Canada). 

  
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 “Board of Directors” means: 

(1) with respect to a company or corporation, the board of directors of the company or corporation or any committee thereof
duly authorized to act on behalf of such board; 
 (2) with respect to a partnership, the Board of Directors of the general
partner of the partnership or any committee thereof duly authorized to act on behalf of such board; and 
 (3) with respect
to any other Person, the board or committee of such Person serving a similar function. 
 “Business Day” means each day
that is not a Legal Holiday. 
 “Canadian Note Guarantee” means each Guarantee of the obligations with respect to the Notes
issued by each Canadian Note Guarantor pursuant to the terms of this Indenture and substantially in the form of Exhibit D. 

“Canadian Note Guarantor” means each Note Guarantor that is organized under the laws of Canada or any province or territory
thereof. 
 “Capital Lease Obligations” means, at the time any determination is to be made, the amount of the liability in
respect of a capital lease that would at that time be required to be capitalized on a balance sheet in accordance with GAAP. 

“Capital Markets Indebtedness” means any Indebtedness consisting of bonds, debentures, notes or other similar debt securities
issued in (a) a public offering registered under the Securities Act, (b) a private placement to institutional investors that is resold in accordance with Rule 144A or Regulation S under the Securities Act, whether or not it includes
registration rights entitling the holders of such debt securities to registration thereof with the SEC or (c) a private placement to institutional investors. For the avoidance of doubt, the term “Capital Markets Indebtedness” does not
include any Indebtedness under the Credit Agreement, Indebtedness incurred in connection with a sale and leaseback transaction, Indebtedness incurred in the ordinary course of business of the Company, Capital Lease Obligations or recourse transfer
of any financial asset or any other type of Indebtedness incurred in a manner not customarily viewed as a “securities offering.” 

“Capital Stock” means: 

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

(2) in the case of an association or business entity, any and all shares, interests, participations, rights or other
equivalents (however designated) of corporate stock; 
 (3) in the case of a partnership or limited liability company,
partnership or membership interests (whether general or limited); and 
 (4) any other interest or participation (including,
without limitation, quotas) that confers on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person. 

“Cash Equivalents” means: 

(1) securities issued or directly and fully guaranteed or insured by the U.S. government or any agency or instrumentality
thereof (provided, that the full faith and credit of the U.S. is pledged in support thereof) having repricings or maturities of not more than one year from the date of acquisition; 

  
 -4- 

 (2) certificates of deposit and time deposits with maturities of one year or
less from the date of acquisition, bankers’ acceptances with maturities not exceeding one year and overnight bank deposits, in each case, with any U.S. commercial bank having capital and surplus in excess of $500.0 million; 

(3) repurchase obligations with a term of not more than 14 days for underlying securities of the types described in clauses
(1) and (2) above entered into with any financial institution meeting the qualifications specified in clause (2) above; 

(4) commercial paper having a rating of at least “P-2” or better from
Moody’s or at least “A-2” or better from S&P, or carrying an equivalent rating by an internationally recognized rating agency and, in each case, maturing within one year after the date of
acquisition; 
 (5) auction-rate, corporate and municipal securities, in each case (x) having either short-term debt
ratings of at least “P-2” or better from Moody’s or at least “A-2” or better from S&P or long-term senior debt ratings of “A2” or
better from Moody’s or at least “A” or better from S&P, or carrying an equivalent rating by an internationally recognized rating agency, (y) having repricings or maturities of not more than one year from the date of
acquisition and (z) which are classifiable as cash and cash equivalents under GAAP; 
 (6) money market funds at least
95% of the assets of which constitute Cash Equivalents of the kinds described in clauses (1) through (5) of this definition; or 

(7) in the case of the Company or any Foreign Subsidiary: 

(a) direct obligations of the sovereign nation, or any agency thereof, in which the Company or such Foreign Subsidiary is
organized or is conducting business or in obligations fully and unconditionally guaranteed by such sovereign nation, or any agency thereof; provided, that such obligations have repricings or maturities of not more than one year from the date
of acquisition and are used by the Company or such Foreign Subsidiary in accordance with normal investment practices for cash management in investments of the type analogous to clauses (1) through (5) above; or 

(b) investments of the type and maturity described in clauses (1) through (5) above of foreign obligors, which
investments or obligors have ratings described in such clauses or equivalent ratings from internationally recognized rating agencies; provided, that such investments are used by the Company or such Foreign Subsidiary in accordance with normal
investment practices for cash management in investments of the type analogous to clauses (1) through (5) above. 

“CBCA” means the Canada Business Corporations Act. 

“CCAA” means the Companies’ Creditors Arrangement Act (Canada). 

“Change of Control” means the occurrence of any of the following: 

(1) any “person” (as that term is used in Section 13(d)(3) of the Exchange Act) becomes the Beneficial Owner,
other than by way of merger or consolidation of the Company, of shares of the Company’s Voting Stock representing 50% or more of the total voting power of all of the Company’s outstanding Voting Stock; 

(2) the Company consolidates with, or merges with or into, another Person, or the Company, directly or indirectly, sells,
assigns, conveys, transfers, leases or otherwise disposes of all or substantially all of the properties or assets of the Company and its Restricted Subsidiaries, taken as a whole (other than by way of merger or consolidation), in one or a series of
related transactions, or any Person consolidates with, or merges with or into, the Company, in any such event other than pursuant to a transaction in which the Persons that Beneficially Owned the shares of the Company’s Voting Stock immediately
prior to such transaction Beneficially Own at least a majority of the total voting power of all outstanding Voting Stock (other than Disqualified Stock) of the surviving or transferee Person; or 

  
 -5- 

 (3) the holders of the Company’s Capital Stock approve any plan or
proposal for the liquidation or dissolution of the Company (whether or not otherwise in compliance with this Indenture). 
 Notwithstanding
the foregoing, a transaction will not be deemed to involve a Change of Control if (1) the Company becomes a direct or indirect wholly-owned Subsidiary of a holding company and (2) (a) the direct or indirect holders of the Voting Stock of the
ultimate parent holding company immediately following that transaction are substantially the same as the holders of the Company’s Voting Stock immediately prior to that transaction or (b) no “person” (as that term is used in
Section 13(d)(3) of the Exchange Act) becomes the Beneficial Owner of 50% or more of the total voting power of the Voting Stock of such ultimate parent holding company. 

“Clearstream” means Clearstream Banking, société anonyme, Luxembourg. 

“Collateral” means all of the assets and properties subject to Liens granted by the Company or any Note Guarantor in favor of
any Notes Collateral Agent for the benefit of the Trustee and the Holders. 
 “Collateral Agent” means the Notes Collateral
Agent or the Credit Agreement Collateral Agent, as applicable. 
 “Collateral Documents” means the First Lien Intercreditor
Agreement, the Second Lien Intercreditor Agreement and the security documents pursuant to which the Company and the Note Guarantors grant Liens in favor of the relevant Notes Collateral Agent to secure Obligations under this Indenture and the Notes.

 “Company” means the party named as such in the first paragraph of this Indenture until a successor replaces it pursuant
to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Company. 

“Consolidated Cash Flow” means, with respect to any specified Person for any period, the Consolidated Net Income of such
Person for such period plus (without duplication): 
 (1) taxes paid and any provision for taxes, including income,
profits, capital, foreign, federal, state, local, Canadian federal and provincial, sales, franchise and similar taxes, property taxes, foreign withholding taxes and foreign unreimbursed value added taxes (including penalties and interest related to
any such tax or arising from any tax examination, and including pursuant to any tax sharing arrangement or as a result of any tax distribution) of such Person and its Restricted Subsidiaries paid or accrued during the relevant period; plus

 (2) Fixed Charges of such Person and its Restricted Subsidiaries for such period, to the extent that any such expense was
deducted in computing such Consolidated Net Income; plus 
 (3) any restructuring charges or expenses (which, for the
avoidance of doubt, shall include retention, severance, systems establishment costs, excess pension charges, contract termination costs and costs to consolidate facilities and relocate employees), to the extent that any such charge or expense was
deducted in computing such Consolidated Net Income; plus 
 (4) fees and expenses in connection with any proposed or
actual issuance of any Indebtedness or Equity Interests, or any proposed or actual acquisitions, Investments, Asset Sales or divestitures permitted to be incurred under this Indenture; plus 

  
 -6- 

 (5) depreciation, amortization (including amortization of intangibles but
excluding amortization of prepaid cash expenses that were paid in a prior period), and other non-cash charges or expenses (including impairment charges and other write-offs of intangible assets and goodwill,
but excluding amortization of a prepaid cash expense that was paid in a prior period to the extent added back in such prior period) of such Person and its Restricted Subsidiaries for such period to the extent that such depreciation, amortization and
other non-cash charges or expenses were deducted in computing such Consolidated Net Income; provided, that if any such non-cash charge or expense (or any
portion thereof) represents an accrual or reserve for any potential cash items in any future period, (i) the Company may elect not to add back such non-cash charge in the then-current period and instead
add back such amount to a following period, and (ii) to the extent the Company elects to add back such non-cash charge, the cash payment in respect thereof in such future period shall be subtracted from
Consolidated Cash Flow to the same extent in such future period; plus 
 (6) pro forma “run rate” cost
savings, operating expense reductions, operational improvements and cost synergies (collectively, “Expected Cost Savings”) (net of actual amounts realized) that are reasonably identifiable, factually supportable and projected by the
Company in good faith to result from actions that have been taken or with respect to which substantial steps have been taken or are expected to be taken (in the good faith determination of such Person) related to any permitted asset sale,
acquisition (including the commencement of activities constituting a business line), combination, Investment, disposition (including the termination or discontinuance of activities constituting a business line), operating improvement, restructuring,
cost savings initiative, any similar initiative (including the effect of arrangements or efficiencies from the shifting of production of one or more products from one manufacturing facility to another) and/or specified transaction, in each case
prior to, on or after the Issue Date (any such operating improvement, restructuring, cost savings initiative or similar initiative or specified transaction, a “Cost Saving Initiative”) (in each case, calculated on a pro forma basis
as though such Expected Cost Savings and/or Cost Saving Initiative had been realized in full on the first day of such period); provided, that the results of such Expected Cost Savings and/or Cost Saving Initiatives are projected by the
Company in good faith to result from actions that have been taken or with respect to which steps have been taken or are expected to be taken (in the good faith determination of the Company) within 24 months after the date of any such operating
improvement, restructuring, cost savings initiative or similar initiative or specified transaction; provided further, that the aggregate amount added to or included in Consolidated Cash Flow pursuant to this clause (6) shall not,
for any four quarter period, exceed an amount equal to 25% of Consolidated Cash Flow for such period, calculated after giving effect to any such add-backs or inclusion; plus 

(7) Milestone Payments and Upfront Payments; plus 

(8) any expense or charge for extraordinary, unusual or non-recurring expenses or
charges (including costs of, and payments of, litigation expenses, actual or prospective legal settlements, fines, judgments or orders to the extent deducted in calculating Consolidated Net Income); minus 

(9) non-cash items increasing such Consolidated Net Income for such period, other than
the accrual of revenue in the ordinary course of business, in each case, on a consolidated basis and determined in accordance with GAAP. 

“Consolidated Net Income” means, with respect to any specified Person for any period, the aggregate of the Net Income of such
Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that: 

(1) the Net Income (but not loss) of any Person that is not a Restricted Subsidiary or that is accounted for by the equity
method of accounting will be included only to the extent of the amount of dividends or distributions paid in cash to the specified Person or a Restricted Subsidiary of the Person; 

(2) solely for purposes of Section 4.8 hereof, the Net Income of any Restricted Subsidiary (other than any Note Guarantor)
will be excluded to the extent that the declaration or payment of dividends or similar distributions by that Restricted Subsidiary of that Net Income is not at the date of determination permitted without any prior governmental approval (that has not
been obtained or cannot be obtained other than pursuant to customary filings) or, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation
applicable to that Restricted Subsidiary or its stockholders; 

  
 -7- 

 (3) the cumulative effect of a change in accounting principles will be
excluded; 
 (4) any unrealized net gain or loss resulting in such period from Hedging Obligations or other derivative
instruments will be excluded; 
 (5) any expense or charge attributable to the disposition of discontinued operations will be
excluded; 
 (6) non-cash goodwill or asset impairment charge and any non-cash compensation expense recorded from grants of stock, stock appreciation or similar rights, stock options, restricted stock or other rights to officers, directors, employees or consultants of such Person or
any of its Restricted Subsidiaries will be excluded; 
 (7) any amortization expense incurred during such period with respect
to products acquired by the Company or any of its Subsidiaries that are used or useful in a Permitted Business will be excluded; 

(8) any gain or loss, together with any related provision for taxes on such gain or loss, realized in connection with:
(a) any Asset Sale; or (b) the disposition of any securities by such Person or any of its Restricted Subsidiaries or the extinguishment of any Indebtedness of such Person or any of its Restricted Subsidiaries will be excluded; 

(9) any (i) extraordinary, nonrecurring or unusual gain or loss, together with any related provision for taxes on such
extraordinary, nonrecurring or unusual gain or loss will be excluded and/or (ii) any charge associated with and/or payment of any actual or prospective legal settlement, fine, judgment or order, including ordinary legal expenses related thereto
(in the case of this clause (ii) (other than with respect to ordinary legal expenses), not to exceed in any fiscal year, $500.0 million, with unused amounts carried forward to the immediately succeeding fiscal year, provided that such
amount carried forward shall not exceed $500.0 million and such carried over amounts shall be deemed first applied in such succeeding fiscal year) will be excluded; 

(10) any (i) non-cash compensation charge or expense arising from any grant of
stock, stock options or other equity based awards and any non-cash deemed finance charges in respect of any pension liabilities or other provisions or on the
re-valuation of any benefit plan obligation and (ii) income (loss) attributable to deferred compensation plans or trusts, will be excluded; 

(11) any purchase accounting effects including adjustments to inventory, property and equipment, software and other intangible
assets and deferred revenue in component amounts required or permitted by GAAP and related authoritative pronouncements (including the effects of such adjustments pushed down to the Restricted Subsidiaries), as a result of any consummated
acquisition, or the amortization or write-off of any amounts thereof (including any write-off of in process research and development) will be excluded; 

(12) to the extent covered by insurance and actually reimbursed, or, so long as the Company has made a determination that there
exists reasonable evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount is (a) not denied by the applicable carrier in writing within 90 days and (b) in fact reimbursed within 365 days
of the date of such evidence (with a deduction for any amount so added back to the extent not so reimbursed within 365 days), expenses with respect to liability or casualty events or business interruption; provided that (x) if net income
is increased as a result of any amounts received from an insurer in respect of such a liability, casualty event or business interruption and the right to be so reimbursed was used in a prior period to increase Consolidated Net Income pursuant to
this clause (12), such amounts received shall be excluded from Consolidated Net Income and (y) to the extent the actual reimbursement received is less than the expected reimbursement amount excluded in a prior period pursuant to this clause
(12), Consolidated Net Income shall be reduced by the difference in the period in which such lower actual reimbursement amounts are received or in which a final judgment of a court of competent jurisdiction is made that the Company is entitled to no
reimbursement; 

  
 -8- 

 (13) any charges incurred (a) in connection with any transaction (in
each case, regardless of whether consummated), whether or not permitted under this Indenture, including any issuance and/or incurrence of Indebtedness and/or any issuance and/or offering of Equity Interest, any Investment, any acquisition, any
disposition, any recapitalization, any merger, consolidation or amalgamation, becoming a standalone company, any option buyout or any repayment, redemption, refinancing, amendment or modification of Indebtedness (including any amortization or write-off of debt issuance or deferred financing costs, premiums and prepayment penalties) or any similar transaction and/or (b) in connection with any public offering (whether or not consummated) will be
excluded; and 
 (14) charges attributable to the undertaking and/or implementation of new initiatives, business optimization
activities, cost savings initiatives (including Cost Saving Initiatives), cost rationalization programs, operating expense reductions and/or cost synergies and/or similar initiatives and/or programs (including in connection with any integration,
restructuring or transition, any reconstruction, decommissioning, recommissioning or reconfiguration of fixed assets for alternative uses, any office or facility opening and/or pre-opening), including the
following: any inventory optimization program and/or any curtailment, any business optimization charge, any restructuring charge (including any charge relating to any tax restructuring), any charge relating to the closure or consolidation of any
office or facility (including but not limited to rent termination costs, moving costs and legal costs), any systems implementation charge, any severance charge, any one time compensation charge, any charge relating to rights fee arrangements
(including any early terminations thereof), any charge relating to any strategic initiative or contract, any signing charge, any charge relating to any entry into new markets or contracts (including, without limitation, any renewals, extensions or
other modifications thereof) or new product introductions or exiting a market, contract or product, any retention or completion charge or bonus, any recruiting charge, any lease run-off charge, any expansion
and/or relocation charge, any charge associated with any modification or curtailment to any pension and post-retirement employee benefit plan (including any settlement of pension liabilities), any software or other intellectual property development
charge, any charge associated with new systems design, any implementation charge, any transition charge, any charge associated with improvements to IT or accounting functions, losses related to temporary decreases in work volume and expenses related
to maintaining underutilized personnel, any project startup charge, any charge in connection with new operations, any charge in connection with unused warehouse space, any charge relating to a new contract, any consulting charge and/or any corporate
development charge will be excluded. 
 “Consolidated Total Assets” means, as of any date of determination, the total
assets shown on the consolidated quarterly or annual balance sheet of the Company and its Restricted Subsidiaries as of the most recent date for which such a quarterly or annual balance sheet is available, determined on a consolidated basis in
accordance with GAAP (and in the case of any determination relating to any incurrence of Indebtedness or Investment, on a pro forma basis). In addition, “Consolidated Total Assets” will be calculated in a manner consistent with the
definition of “Fixed Charge Coverage Ratio” to give effect to transactions that occurred after the date of the most recent quarterly or annual balance sheet date. 

“Convertible Indebtedness” means Indebtedness of the Company or any Restricted Subsidiary (which may be guaranteed by the
Company or any Restricted Subsidiary) permitted to be incurred hereunder that is either (a) convertible into or exchangeable for Equity Interests of the Company (and cash in lieu of fractional shares) or cash (in an amount determined by
reference to the price of such Equity Interests or a market measure of such Equity Interests), or a combination thereof, or (b) sold as units with call options, warrants or rights to purchase (or substantially equivalent derivative
transactions) that are exercisable for Equity Interests (other than Disqualified Stock) of the Company or cash (in an amount determined by reference to the price of such Equity Interests). 

  
 -9- 

 “Corporate Trust Office” means the designated office of the Trustee at
which at any particular time its corporate trust business shall be administered which office at the date of the execution of this Indenture is located at 240 Greenwich Street, Floor 7E, New York, New York 10286, Attention: Corporate Trust
Administration or at any other time at such other address as the Trustee may designate from time to time by notice to the Company. 

“Covered Jurisdiction” means the jurisdiction of organization of the Company or the applicable Note Guarantor and in the case
of the Company or any Note Guarantor organized in the United States or Canada, any other state or province thereof, as applicable. 

“Credit Agreement” means the Fourth Amended and Restated Credit and Guaranty Agreement, dated as of June 1, 2018, as
amended by that certain First Incremental Amendment, dated as of November 27, 2018 and that certain Second Amendment to the Fourth Amended and Restated Credit and Guaranty Agreement dated May 10, 2022, as in effect on the Issue Date (as it
may be further amended, restated, replaced, supplemented or otherwise modified from time to time), among the Company, certain subsidiaries of the Company, as guarantors, the lenders party thereto from time to time, JPMorgan Chase Bank, N.A. and
Goldman Sachs Lending Partners LLC, as issuing banks and Barclays Bank PLC, as administrative agent and collateral agent, together with the related documents thereto (including any guarantees and security documents), and in each case as amended,
extended, renewed, restated, supplemented or otherwise modified (in whole or in part, and without limitation as to amount, terms, conditions, covenants and other provisions) from time to time, and any agreement or instrument (and related documents)
governing Indebtedness incurred to refinance or replace, in whole or in part, the borrowings and commitments then outstanding or permitted to be outstanding under such facilities or a successor facility, whether by the same or any other bank,
institutional lender, purchaser, investor, trustee or agent or group thereof. 
 “Credit Agreement Collateral Agent” means
Barclays Bank PLC in its capacity as collateral agent under the Credit Agreement (together with its permitted successors and assigns). 

“Credit Facilities” means the facilities under the Credit Agreement and includes one or more other debt facilities, credit
agreements, commercial paper facilities, indentures or other agreements, in each case with banks, institutional lenders, purchasers, investors, trustees or agents providing for revolving credit loans, term loans, receivables financing (including
through the sale of receivables to such lenders or to special purpose entities formed to borrow from such lenders against such receivables), letters of credit or other extensions of credit or other Indebtedness, in each case including any notes,
mortgages, guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, extended, renewed, restated, supplemented or otherwise modified (in whole or in part, and without limitation as to
amount, terms, conditions, covenants and other provisions) from time to time, and any agreement or instrument (and related documents) governing Indebtedness incurred to refinance or replace, in whole or in part, the borrowings and commitments then
outstanding or permitted to be outstanding under such facilities or a successor facility, whether by the same or any other bank, institutional lender, purchaser, investor, trustee or agent or group thereof. 

“Custodian” means any receiver, trustee, assignee, liquidator, sequestrator, receiver-manager, custodian, administrative
receiver, administrator or similar official under any Bankruptcy Law. 
 “Default” means any event that is, or with the
passage of time or the giving of notice or both would be, an Event of Default. 
 “Definitive Notes” means Notes that are
in substantially the form attached hereto as Exhibit A and that do not include the information to which footnotes 1, 5, 6 and 8 thereof apply. 

“Depositary” means with respect to the Notes issuable or issued in whole or in part in global form, DTC, including any and
all successors thereto appointed as depositary hereunder and having become such pursuant to the applicable provisions of this Indenture. 

  
 -10- 

 “Derivative Instrument” means, with respect to a Person, any contract,
instrument or other right to receive payment or delivery of cash or other assets to which such Person or any Affiliate of such Person that is acting in concert with such Person in connection with such Person’s investment in the Notes (other
than a Regulated Bank or a Screened Affiliate) is a party (whether or not requiring further performance by such Person), the value and/or cash flows of which (or any material portion thereof) are materially affected by the value and/or performance
of the Notes and/or the creditworthiness of the Company and/or any one or more of the Note Guarantors (the “Performance References”). 

“Designated Noncash Consideration” means noncash consideration received by the Company or one of its Restricted Subsidiaries
in connection with an Asset Sale that is designated by the Company as Designated Noncash Consideration, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of such Designated Noncash Consideration, which cash
and Cash Equivalents shall be considered Net Proceeds received as of such date and shall be applied pursuant to Section 4.14 hereof. 

“Disqualified Stock” means any Capital Stock that, by its terms (or by the terms of any security into which it is
convertible, or for which it is exchangeable, in each case at the option of the holder thereof), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or redeemable at the
option of the holder thereof, in whole or in part, on or prior to the date that is 91 days after the date on which the Notes mature. Notwithstanding the preceding sentence, any Capital Stock that would constitute Disqualified Stock solely because
the holders of the Capital Stock have the right to require the Company or a Restricted Subsidiary to repurchase such Capital Stock upon the occurrence of a change of control or an asset sale will not constitute Disqualified Stock if the terms of
such Capital Stock provide that the Company or such Restricted Subsidiary may not repurchase or redeem any such Capital Stock pursuant to such provisions unless such repurchase or redemption complies with Section 4.8 hereof. 

“Dollar Equivalent” of any amount means, at the time of determination thereof, 

(1) if such amount is expressed in U.S. dollars, such amount, or 

(2) if such amount is expressed in any other currency, the equivalent of such amount in U.S. dollars determined by using the
rate of exchange as published in The Wall Street Journal in the “Exchange Rates” column under the heading “Currency Trading” on the date no later than two Business Days prior to such determination or, if such rate is
unavailable, as quoted by a nationally recognized investment bank in New York, New York, selected by the Company, at 11:00 a.m. (New York City time) on the date of determination (or, if such date is not a Business Day, the last Business Day prior
thereto) to prime banks in New York, in either case for the spot purchase in the New York currency exchange market of such amount of U.S. dollars with such currency. 

“Domestic Subsidiary” means any Restricted Subsidiary that was formed under the laws of the United States or any state
thereof or the District of Columbia. 
 “Drug Acquisition” means any acquisition (including any license or any acquisition
of any license) solely or primarily of all or any portion of the rights in respect of one or more drugs or pharmaceutical products, whether in development or in market (including related intellectual property rights), but not of Equity Interests in
any Person or any operating business unit. 
 “DTC” means The Depository Trust Company. 

“Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any
debt security that is convertible into, or exchangeable for, Capital Stock and any Packaged Rights). 
 “Euroclear” means
Euroclear Bank S.A./N.V. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and
regulations promulgated thereunder, as in effect from time to time. 

  
 -11- 

 “Excluded Account” shall mean any Deposit Account, Securities Account or
Commodity Account (each such term as defined in the UCC) (a) the funds in which are used, in the ordinary course of business, solely for the payment of salaries and wages, workers’ compensation, pension benefits and similar expenses or
taxes related thereto, (b) maintained as a zero-balance account (the entire balance of which is swept at the end of each Business Day to an account subject to the Credit Agreement Collateral Agent’s
control) that is a disbursement account, (c) maintained solely as a fiduciary account or other account maintained solely to secure obligations of the Company and its Subsidiaries where such obligations and the Liens on such account are
permitted by clauses (4), (5), (10) or (23) of the definition of Permitted Liens and (d) so long as the Credit Agreement is outstanding, that constitutes an “Excluded Account” (or equivalent term) under the Credit Agreement
collateral documents. 
 “Excluded Assets” shall mean certain property excluded from the Collateral, including: 

(1) any lease, license, contract or agreement to which any Grantor is a party, and any of its rights or interest thereunder, if
and to the extent that a security interest is prohibited by or in violation of (i) any law, rule or regulation applicable to such Grantor, or (ii) a term, provision or condition of any such lease, license, contract or agreement (unless
such law, rule, regulation, term, provision or condition would be rendered ineffective with respect to the creation of the security interest hereunder pursuant to Section 9-406, 9-407, 9-408 or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law
(including the Bankruptcy Code, the PPSA or the Civil Code of Quebec or principles of equity); provided, however, that the Collateral shall include (and such security interest shall attach) immediately at such time as the contractual
or legal prohibition shall no longer be applicable and to the extent severable, shall attach immediately to any portion of such lease, license, contract or agreement not subject to the prohibitions specified in clause (i) or (ii) above;
provided further that the exclusions referred to in this clause (1) shall not include any proceeds of any such lease, license, contract or agreement unless such proceeds result in the consequences described in this clause (1) after
giving effect to the first proviso in this clause (1); 
 (2) any Excluded Securities; 

(3) any “intent to use” (or substantially similar) application for registration of a trademark filed pursuant to
Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, prior to the filing of a “Statement of Use” pursuant to Section 1(d) of the Lanham Act or an “Amendment to Allege Use” pursuant to Section 1 of the Lanham
Act with respect thereto (or substantially similar notice or filing), solely to the extent, if any, that, and solely during the period, if any, in which, the grant of a security interest therein would impair the validity or enforceability of any
registration that issues from such intent to use application under applicable Federal law; 
 (4) any motor vehicles and any
other asset subject to certificates of title to the extent that a Lien thereon cannot be perfected by the filing of financing statements or similar filings under the UCC, PPSA or the Civil Code of Quebec in the applicable Grantor’s jurisdiction
of organization or, if applicable, where such asset is situated; 
 (5) any Letter-of-Credit Rights (other than any Letter-of-Credit-Rights constituting a Supporting Obligation (as defined in the UCC) for
a receivable or other Collateral in which any Notes Collateral Agent has a valid and perfected security interest); 
 (6)
Excluded Accounts; 
 (7) any assets owned by the Grantor on the date hereof or hereafter acquired and any proceeds thereof
that are subject to a Lien securing Indebtedness incurred in connection with a finance lease, purchase money Indebtedness or other Indebtedness incurred to finance the acquisition of such assets permitted to be incurred pursuant to this Indenture to
the extent and for so long as the contract or other agreement in which such Lien is granted (or the documentation providing for applicable purchase money Indebtedness) validly prohibits the creation of any other Lien on such assets and proceeds;

  
 -12- 

 (8) any property or assets in circumstances where the cost, burden or
consequences (including adverse tax consequences) of obtaining or perfecting a security interest in such property or assets, as determined in good faith by the Company in writing, are excessive in relation to the practical benefit to the Holders of
the Notes afforded in this Indenture; provided that, if the Credit Agreement is then outstanding, the same determination is made in respect of the Lien on such assets securing the Credit Agreement; 

(9) any property constituting or that is the proceeds of aircraft, aircraft engines, satellites, ships or railroad rolling
stock (unless any such property or assets are pledged as collateral in respect of the Credit Agreement); 
 (10) any
governmental or regulatory license or state, provincial, municipal or local franchise, charter, consent, permit or authorization to the extent the granting of a security interest therein is prohibited or restricted thereby or by applicable
requirements of law; provided, however, that any such asset will only constitute an excluded asset to the extent such prohibition or restriction would not be rendered ineffective pursuant to applicable anti-assignment provisions of the
UCC of any relevant jurisdiction, the PPSA or other similar applicable law; 
 (11) Rule
3-16 Capital Stock; and 
 (12) so long as the Credit Agreement is outstanding, any
asset that is not pledged to secure obligations arising in respect of the Credit Agreement (whether pursuant to the terms of the Credit Agreement (and any related documents) or as a result of any determination made thereunder, or by amendment,
waiver or otherwise). 
 “Excluded Contribution” means the aggregate amount of cash or Cash Equivalents or the fair market
value of other assets or property (as determined by the Company in good faith, but excluding any amounts that are applied to increase the basket set forth in Section 4.8(a)(3) hereof) received by the Company or any of its Restricted
Subsidiaries after the Issue Date from: 
 (1) contributions in respect of Equity Interests (other than Disqualified Stock or
any amounts or other assets received from the Company or any of its Restricted Subsidiaries), and 
 (2) the sale of Equity
Interests of the Company or any of its Restricted Subsidiaries (other than (x) to the Company or any Restricted Subsidiary of the Company or (y) pursuant to any management equity plan or stock option plan or any other management or
employee benefit plan), 
 in each case, designated as an Excluded Contribution pursuant to an Officer’s Certificate on or promptly
after the date the relevant capital contribution is made or the relevant proceeds are received, as the case may be, and which are excluded from the calculation of the basket set forth in Section 4.8(a)(3) hereof. 

No portion of the aggregate net cash proceeds received by the Company from the Solta IPO shall be, or shall be eligible to be designated as,
an Excluded Contribution. 
 “Excluded Security” shall mean (i) any Equity Interest or other security representing
voting Equity Interests in a First-Tier Foreign Subsidiary in excess of, or other than, 65% of all voting Equity Interests in such First-Tier Foreign Subsidiary, (ii) any interest in a joint venture or
non-wholly owned Subsidiary to the extent and for so long as the attachment of the security interest created hereby therein would violate any joint venture agreement, organizational document, shareholders
agreement or equivalent agreement relating to such joint venture or non-wholly owned Subsidiary; provided that Equity Interests in Subsidiaries of the Company the minority interest in which is held by
management, directors or employees of the Company or its Subsidiaries or consists of rolled-over equity shall not be considered Excluded Securities, (iii) any Equity Interest the pledge of which in support of the Obligations is otherwise
prohibited by applicable law, (iv) any Equity Interest in the entities listed on Schedule 1.1 to the Security Agreement solely to the extent that the transfer or assignment of such Equity Interest is prohibited by contractual requirements
applicable to the Grantor holding such Equity Interest, including the requirements of the organizational documents of the issuer of such Equity Interest; provided that the Equity Interest in any such entity shall no longer constitute an
Excluded Security for purposes of this Indenture if at any time the prohibitions on transfer or assignment of such Equity Interest are no longer applicable to such Person, (v) any Equity Interest of any captive insurance subsidiary,
Unrestricted Subsidiary, broker-dealer subsidiary, not-for-profit subsidiary or special purpose entity used for any permitted securitization facility, (vi) any
margin stock and (vii) any Equity Interest that constitutes an “Excluded Security” (or equivalent term) under the Credit Agreement collateral documents. 

  
 -13- 

 “Exclusive License” means any license to develop, commercialize, sell,
market and promote any drug or pharmaceutical, surgical, medical or aesthetic product (the “Licensed Property”) with a term greater than five (5) years (unless terminable prior to such time without material penalty or premium
by the licensor) and which provides for exclusive rights to develop, commercialize, sell, market and promote such Licensed Property within the United States; provided that an “Exclusive License” shall not include (a) any
license to import, export, distribute or sell any such Licensed Property (as applicable) on an exclusive basis within any particular geographic region or territory, (b) any licenses, which may be exclusive, to manufacture or package any such
Licensed Property (as applicable), (c) any license to manufacture, use, offer for sale or sell any authorized generic version of such Licensed Property (as applicable) and (d) any license in connection with any companion diagnostics. 

“Existing Indebtedness” means Indebtedness of the Company and its Restricted Subsidiaries (other than Indebtedness incurred
under Section 4.9(b)(i) or (xx) hereof) in existence on the date of this Indenture (including the New Second Lien Notes), until such amounts are repaid. 

“Existing Notes” means the Existing Senior Notes and Existing Secured Notes. 

“Existing Secured Notes” means the Company’s outstanding 5.500% Senior Secured Notes due 2025, 5.750% Senior Secured
Notes due 2027, 6.125% Senior Secured Notes due 2027 and 4.875% Senior Secured Notes due 2028. 
 “Existing Senior Notes”
means (x) BHA’s outstanding 9.250% Senior Notes due 2026 and 8.500% Senior Notes due 2027 and (y) the Company’s outstanding 9.000% Senior Notes due 2025, 7.000% Senior Notes due 2028, 5.000% Senior Notes due 2028, 7.250% Senior
Notes due 2029, 6.250% Senior Notes due 2029, 5.000% Senior Notes due 2029, 5.250% Senior Notes due 2030 and 5.250% Senior Notes due 2031. 

“Fair Market Value” means the price that could be negotiated in an arm’s-length
transaction, for cash, between a willing seller and a willing and able buyer, neither of whom is under undue pressure or compulsion to complete the transaction, determined in good faith by (i) a responsible financial or accounting officer of
the Company with respect to valuations not in excess of $750.0 million and (ii) the Board of Directors of the Company with respect to valuations equal to or in excess of $750.0 million, as applicable. 

“Fall Away Event” means such time as the Notes shall have an Investment Grade Rating and the Company shall have delivered to
the Trustee an Officer’s Certificate certifying that the foregoing condition has been satisfied. 
 “Final Maturity
Date” means September 30, 2028. 
 “First Lien Intercreditor Agreement” means that certain First Lien
Intercreditor Agreement, dated as of March 21, 2017, by and among the collateral agents and trustee under the Existing Secured Notes and the Credit Agreement Collateral Agent, as amended, amended and restated, supplemented, modified or replaced
from time to time. 
 “First Lien Notes Secured Parties” means the Trustee, the Paying Agent, the Registrar, the Notes
Collateral Agents and the Holders of the Notes. 
 “First Priority Credit Obligations” means any and all amounts payable
under or in respect of any Credit Agreement as amended, restated, supplemented, waived, replaced, restructured, repaid, refunded, refinanced or otherwise modified from time to time, in each case, to the extent secured by a first priority security
interest in the Collateral. 

  
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 “First Priority Lien” means all Liens that secure the First Priority Notes
Obligations. 
 “First Priority Notes Obligations” means all Obligations of the Company and the Note Guarantors under or in
respect of the Notes, this Indenture and the Collateral Documents. 
 “First Priority Obligations” means (i) the First
Priority Credit Obligations, (ii) the First Priority Notes Obligations, (iii) all obligations of the Company and the Note Guarantors under or in respect of the Existing Secured Notes and the guarantees thereof and the indenture and
security documents with respect thereto and (iv) any other Obligations secured by First Priority Liens on the Collateral and subject to the First Lien Intercreditor Agreement that are permitted to be incurred and secured by such Lien pursuant
to this Indenture. 
 “First-Tier Foreign Subsidiary” means a Foreign Subsidiary that is a direct Subsidiary of
(x) BHA or (y) any Note Guarantor that is a Domestic Subsidiary of BHA. 
 “Fixed Charge Coverage Ratio” means,
with respect to any specified Person for any period, the ratio of the Consolidated Cash Flow of such Person for such period to the Fixed Charges of such Person for such period. In the event that the specified Person or any of its Restricted
Subsidiaries incurs, assumes, Guarantees, repays, repurchases or redeems any Indebtedness (other than ordinary working capital borrowings) or issues, repurchases or redeems preferred stock subsequent to the commencement of the period for which the
Fixed Charge Coverage Ratio is being calculated and on or prior to the date on which the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Calculation Date”), then the Fixed Charge Coverage Ratio will
be calculated giving pro forma effect to such incurrence, assumption, Guarantee, repayment, repurchase or redemption of Indebtedness, or such issuance, repurchase or redemption of preferred stock, and the use of the proceeds therefrom as if the same
had occurred at the beginning of the applicable four-quarter reference period. 
 To the extent the Company elects pursuant to an
Officer’s Certificate delivered to the Trustee to treat all or any portion of the commitment under any Indebtedness as being incurred prior to the actual incurrence thereof pursuant to Section 4.9(e) hereof, the Company shall deem all or
such portion of such commitment of such Indebtedness, as applicable, as having been incurred and to be outstanding for purposes of calculating the Fixed Charge Coverage Ratio for any period in which the Company makes any such election and for any
subsequent period until such commitments or such Indebtedness, as applicable, are no longer outstanding. 
 In addition, for purposes of
calculating the Fixed Charge Coverage Ratio: 
 (1) acquisitions that have been made by the specified Person or any of its
Restricted Subsidiaries, including through consolidations or mergers and including any related financing transactions, during the four-quarter reference period or subsequent to such reference period and on or prior to the Calculation Date will be
given pro forma effect as if they had occurred on the first day of the four-quarter reference period and Consolidated Cash Flow for such reference period will be calculated (x) on a pro forma basis in accordance with Regulation S-X promulgated by the SEC and, in addition, (y) to give effect to any Pro Forma Cost Savings; 

(2) the Consolidated Cash Flow attributable to discontinued operations, as determined in accordance with GAAP, and operations
or businesses disposed of prior to the Calculation Date, will be excluded; and 
 (3) the Fixed Charges attributable to
discontinued operations, as determined in accordance with GAAP, and operations or businesses disposed of prior to the Calculation Date, will be excluded, but only to the extent that the obligations giving rise to such Fixed Charges will not be
obligations of the specified Person or any of its Restricted Subsidiaries following the Calculation Date. 

  
 -15- 

 “Fixed Charges” means, with respect to any specified Person for any period,
the sum, without duplication, of: 
 (1) the consolidated interest expense of such Person and its Restricted Subsidiaries for
such period, whether paid or accrued, including, without limitation, amortization of debt issuance costs and original issue discount, non-cash interest payments, the interest component of any deferred payment
obligations, the interest component of all payments associated with Capital Lease Obligations, imputed interest with respect to Attributable Debt, commissions, discounts and other fees and charges incurred in respect of letter of credit or
bankers’ acceptance financings, and net of the effect of all payments made or received pursuant to Interest Rate Hedging Obligations; plus 

(2) the consolidated interest of such Person and its Restricted Subsidiaries that was capitalized during such period;
plus 
 (3) any interest expense on Indebtedness of another Person that is Guaranteed by such Person or one of its
Restricted Subsidiaries or secured by a Lien on assets of such Person or one of its Restricted Subsidiaries; plus 

(4) all dividends, whether paid or accrued and whether or not in cash, on any Disqualified Stock or any series of preferred
stock of such Person or any of its Restricted Subsidiaries, other than dividends on Equity Interests payable solely in Equity Interests of the Company (other than Disqualified Stock) or to the Company or a Restricted Subsidiary of the Company, in
each case, on a consolidated basis and determined in accordance with GAAP; minus 
 (5) the consolidated interest
income of such Person and its Restricted Subsidiaries for such period; minus 
 (6) amortization of deferred financing
fees, debt issuance costs, commissions, fees and expenses and expensing of any financing fees. 
 “Foreign Subsidiary”
means a Restricted Subsidiary that is not organized or existing under the laws of the United States of America or any state or territory thereof or the District of Columbia or is a Restricted Subsidiary of such Foreign Subsidiary. 

“GAAP” means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting
Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment
of the accounting profession, as in effect on January 30, 2015. 
 “Global Note Legend” means the legend set forth in
Exhibit A hereof, as applicable, which is required to be placed on all Global Notes issued under this Indenture. 

“Global Notes” means a Global Note substantially in the form of Exhibit A hereto bearing the Global Note Legend and
the Legend deposited with or on behalf of, and registered in the name of, the Depositary or its nominee. 
 “Government
Securities” means, as applicable, (i) direct non-callable obligations of, or guaranteed by, the United States of America for the timely payment of which guarantee or obligations the full faith
and credit of the U.S. is pledged and (ii) direct non-callable obligations of, or guaranteed by, a member state of the European Union for the timely payment of which guarantee or obligations the full
faith and credit of the government of such member state is pledged. 
 “Grantor” has the meaning given to such term (or any
equivalent term, such as pledgor or mortgagor) in the applicable Collateral Documents. 

  
 -16- 

 “Guarantee” means a guarantee other than by endorsement of negotiable
instruments for collection in the ordinary course of business, direct or indirect, in any manner including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in respect thereof, of all or any
part of any Indebtedness. 
 “Hedging Obligations” means, with respect to any specified Person: 

(1) Interest Rate Hedging Obligations; and 

(2) the obligations of such Person under agreements or arrangements designed to protect such Person against fluctuations in
currency exchange rates; 
 provided that no obligation in respect of any Packaged Right, Permitted Bond Hedge Transaction or Permitted Warrant
Transaction shall, in each case, constitute a Hedging Obligation. 
 “Holder” or “Noteholder” means the
Person in whose name a Note is registered on the Registrar’s books. 
 “Indebtedness” means, with respect to any
specified Person, any indebtedness of such Person, whether or not contingent (without duplication): 
 (1) in respect of
borrowed money; 
 (2) evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement
agreements in respect thereof); 
 (3) in respect of banker’s acceptances; 

(4) representing Capital Lease Obligations or Attributable Debt in respect of sale and leaseback transactions; 

(5) representing the balance deferred and unpaid of the purchase price of any property, which balance is (a) due more than
twelve months from the date of incurrence of the obligation in respect thereof or (b) evidenced by a note or similar written instrument, and except any such balance that constitutes an accrued expense or trade payable; or 

(6) representing net payment obligations under any Hedging Obligations, 

if and to the extent any of the preceding items (other than letters of credit, Attributable Debt and Hedging Obligations) would appear as a liability upon a
balance sheet of the specified Person prepared in accordance with GAAP. In addition, the term “Indebtedness” includes (x) all Indebtedness of others secured by a Lien on any asset of the specified Person (whether or not such
Indebtedness is assumed by the specified Person), the amount of such obligation being deemed to be the lesser of the Fair Market Value of such asset and the amount of the obligation so secured and (y) to the extent not otherwise included, the
Guarantee by the specified Person of any Indebtedness of any other Person. 
 Notwithstanding the foregoing, in connection with the purchase
by a Person or any of its Restricted Subsidiaries of any business, the term “Indebtedness” will exclude indemnification or post-closing payment adjustments or earn-out or similar obligations to which
the seller may become entitled to the extent such payment is determined by a final closing balance sheet, working capital calculation or other similar method or such payment depends on the performance of such business after the closing;
provided, however, that, at the time of closing, the amount of any such payment is not determinable or is of a contingent nature and, to the extent such payment thereafter becomes fixed and finally determined, the amount is paid within
60 days thereafter. 

  
 -17- 

 The amount of any Indebtedness outstanding as of any date will be: 

(1) the accreted value of the Indebtedness, in the case of any Indebtedness issued with original issue discount; and 

(2) the principal amount of the Indebtedness, together with any interest on the Indebtedness that is more than 30 days past
due, in the case of any other Indebtedness. 
 “Indenture” means this Indenture as amended or supplemented from time to
time pursuant to the terms of this Indenture. 
 “Initial Notes” means the $1,774,067,000 aggregate principal amount of
Notes issued on the date hereof. 
 “Interest Rate Hedging Obligations” means, with respect to any specified Person, the
obligations of such Person under: 
 (1) interest rate swap agreements, interest rate cap agreements and interest rate collar
agreements; and 
 (2) other agreements or arrangements designed to protect such Person against fluctuations in interest
rates. 
 “Investment Grade Rating” means a rating of Baa3 or better by Moody’s or
BBB- or better by S&P (or its equivalent under any successor rating categories of Moody’s or S&P) (or, in each case, if such Rating Agency ceases to rate the Notes for reasons outside of the
control of the Company, the equivalent investment grade credit rating from any Rating Agency selected by the Company as a replacement Rating Agency). 

“Investments” means, with respect to any Person, all direct or indirect investments by such Person in other Persons
(including Affiliates) in the forms of loans (including Guarantees or other obligations), advances or capital contributions (excluding commission, travel and similar advances to officers and employees made in the ordinary course of business),
purchases or other acquisitions for consideration of Indebtedness, Equity Interests or other securities, together with all items that are or would be classified as investments on a balance sheet prepared in accordance with GAAP. If (i) the
Company or any Restricted Subsidiary of the Company sells or otherwise disposes of any Equity Interests of any direct or indirect Restricted Subsidiary of the Company such that, after giving effect to any such sale or disposition, such Person is no
longer a Restricted Subsidiary of the Company or (ii) a Restricted Subsidiary of the Company is redesignated as an Unrestricted Subsidiary, the Company will be deemed to have made an Investment on the date of any such sale, disposition or
redesignation equal to the Fair Market Value of the Company’s Investments in such Subsidiary that were not sold or disposed of in an amount determined as provided in Section 4.8(c) hereof. For the avoidance of doubt, acquisitions of or
licenses for products or assets used or useful in a Permitted Business do not constitute Investments. 
 “Issue Date” means
September 30, 2022, the date of the initial issuance of the Notes under this Indenture. 
 “Letter-of-Credit Rights” has the meaning given to such term in the UCC. 

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

“Long Derivative Instrument” means a Derivative Instrument (i) the value of which generally increases, and/or the
payment or delivery obligations under which generally decrease, with positive changes to the Performance References and/or (ii) the value of which generally decreases, and/or the payment or delivery obligations under which generally increase,
with negative changes to the Performance References. 

  
 -18- 

 “LTM Consolidated Cash Flow” means Consolidated Cash Flow of the Company
measured for the most recent four consecutive full fiscal quarters ending on or prior to the date of determination for which internal financial statements are available at such time, with such pro forma adjustments as are consistent with those set
forth in the definition of “Fixed Charge Coverage Ratio.” 
 “Material Real Estate Asset” means any “fee-owned” Real Estate Asset located in the United States or Canada, and the improvements thereto, that (together with such improvements) has a fair market value (as determined by the Company in good
faith after taking into account any liabilities with respect thereto that impact such fair market value) in excess of $50 million (a) as of the Issue Date, with respect to any Real Estate Asset owned by the Company or any Note Guarantor as
of the Issue Date, or (b) as of the date of acquisition thereof, with respect to any Real Estate Asset acquired by the Company or any Note Guarantor after the Issue Date. 

“Milestone Payments” means payments made under contractual arrangements in connection with any permitted acquisition or
similar Investment to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise). 

“Moody’s” means Moody’s Investors Service, Inc., or any successor to the rating agency business thereof. 

“Net Income” means, with respect to any specified Person, the net income (loss) of such Person, determined in accordance with
GAAP and before any reduction in respect of preferred stock dividends. 
 “Net Proceeds” means the aggregate cash proceeds
received by the Company or any of its Restricted Subsidiaries in respect of any Asset Sale (including, without limitation, any cash received upon the sale or other disposition of any non-cash consideration
received in any Asset Sale), net of the direct costs relating to such Asset Sale, including, without limitation, legal, accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result of the Asset
Sale, taxes paid or payable as a result of the Asset Sale, in each case, after taking into account any available tax credits or deductions and any tax sharing arrangements, and amounts required to be applied to the repayment of Indebtedness, other
than Pari Passu Indebtedness under the Credit Agreement, secured by a Lien on the asset or assets that were the subject of such Asset Sale and any reserve for adjustment in respect of the sale price of such asset or assets established in accordance
with GAAP. 
 “Net Short” means, with respect to a Holder or Beneficial Owner, as of a date of determination, either
(i) the value of its Short Derivative Instruments exceeds the sum of (x) the value of its Notes plus (y) the value of its Long Derivative Instruments as of such date of determination or (ii) it is reasonably expected that such
would have been the case were a Failure to Pay or Bankruptcy Credit Event (each as defined in the 2014 International Swaps and Derivatives Association, Inc. Credit Derivatives Definitions) to have occurred with respect to the Company or any Note
Guarantor immediately prior to such date of determination. 
 “New Second Lien Notes” means the Company’s 14.00%
Second Lien Secured Notes due 2030 issued on the Issue Date. 
 “Non-Guarantor
Subsidiary” means a Restricted Subsidiary that is not a Note Guarantor. 

“Non-Recourse Debt” means Indebtedness: 

(1) as to which none of the Company or any of its Restricted Subsidiaries (a) provides credit support of any kind
(including any undertaking, agreement or instrument that would constitute Indebtedness), (b) is directly or indirectly liable as a guarantor or otherwise, or (c) constitutes the lender; 

(2) no default with respect to which (including any rights that the holders of the Indebtedness may have to take enforcement
action against an Unrestricted Subsidiary) would permit upon notice, lapse of time or both any holder of any other Indebtedness (other than the Notes) of the Company or any of its Restricted Subsidiaries to declare a default on such other
Indebtedness or cause the payment of the Indebtedness to be accelerated or payable prior to its Stated Maturity; and 

  
 -19- 

 (3) as to which the lenders have been notified in writing that they will not
have any recourse to the stock or assets of the Company or any of its Restricted Subsidiaries. 

“Non-U.S. Person” means a Person who is not a U.S. Person. 

“Note Guarantee” means each Guarantee of the obligations with respect to the Notes issued by a Subsidiary of the Company
pursuant to the terms of this Indenture. 
 “Note Guarantor” means each Subsidiary of the Company that becomes a guarantor
of the Notes pursuant to the terms of this Indenture. 
 “Notes” means any of the Company’s 11.00% Senior
Secured Notes due 2028 (individually, a “Note”), as amended or supplemented from time to time, that are issued under this Indenture. 

“Notes Collateral Agents” means BNY Mellon, BNY Mellon Corporate Trustee Services Limited and TMF (together with those
persons who become respective notes collateral agents pursuant to the terms of this Indenture), acting severally and not jointly. TMF may perform its duties and exercise its rights and powers hereunder and under the applicable Collateral Documents
by or through any TMF Sub-Agent, and, accordingly, whenever reference herein is made to the Note Collateral Agents (and/or in singular form, to a or the “Notes Collateral Agent”), such
reference shall be deemed to include the TMF Sub-Agents, to the extent applicable. 
 “Notes
Documents” means this Indenture, the Notes, the Note Guarantees and the Collateral Documents. 
 “Obligations”
means any principal, interest, penalties, premiums, including the Redemption Price Premium, fees, indemnifications, reimbursements, damages and other liabilities payable under the documentation governing any Indebtedness (including interest, fees,
and expenses accruing on or after the filing of any petition in bankruptcy or for reorganization relating to the Company or a Note Guarantor, whether or not a claim for such post-petition interest, fees, or expenses is allowed or allowable in such
proceedings). 
 “Offering Memorandum” means the Company’s Exchange Offer Memorandum and Consent Solicitation
Statement, dated August 30, 2022. 
 “Officer” means the Chairman of the Board, the Chief Executive Officer, the
President, any Vice President, the Chief Financial Officer, the Controller, Treasurer, the Secretary or any Assistant Controller, Assistant Treasurer or Assistant Secretary of the Company. 

“Officer’s Certificate” means a certificate signed by any Officer. 

“Opinion of Counsel” means a written opinion from legal counsel reasonably acceptable to the Trustee. The counsel may be an
employee of or counsel to the Company. 
 “Packaged Rights” means warrants, options or other rights to acquire shares of
any class of the Equity Interests of the Company or a Restricted Subsidiary (whether settled in Equity Interests, cash or any combination thereof), regardless of the issuer of such warrants, options or other rights, that are initially issued as a
unit with Indebtedness of the Company or any Restricted Subsidiary (which may be guaranteed by the Note Guarantors, the Company or any Restricted Subsidiary) permitted to be incurred hereunder, even if such Indebtedness is separable from such
warrants, options or other rights by a holder thereof. 
 “Parallel Debt” means in relation to an Underlying Debt an
obligation to pay to a Notes Collateral Agent and/or Trustee (as applicable) an amount equal to (and in the same currency as) the amount of the Underlying Debt. 

“Pari Passu Indebtedness” means Indebtedness of the Company or a Note Guarantor that is secured equally and ratably by Liens
on the Collateral having the same priority as the Liens securing the Notes or the Note Guarantees; provided that an authorized representative of the holders of such Indebtedness shall be a party to the First Lien Intercreditor Agreement. 

  
 -20- 

 “Participant” means, a member of, or participant or account holder in, DTC,
Euroclear and/or Clearstream. 
 “Permitted Asset Swap” means the substantially concurrent purchase and sale or exchange of
assets used or useful in a Permitted Business or a combination of such assets and cash or Cash Equivalents between the Company or any of its Restricted Subsidiaries and another Person; provided that any cash or Cash Equivalents received must
be applied in accordance with Section 4.14 hereof. 
 “Permitted Bond Hedge Transaction” means any bond hedge or call
or capped call option (or similar transaction) on the Company’s Equity Interests in connection with the issuance of any Convertible Indebtedness; provided that the purchase price for such Permitted Bond Hedge Transaction, less the proceeds
received from the sale of any related Permitted Warrant Transaction, does not exceed the net proceeds received from the sale of such Convertible Indebtedness. 

“Permitted Business” means any business conducted by the Company and its Restricted Subsidiaries on the Issue Date and any
business that is in the judgment of the Company reasonably related, ancillary or complementary to the business of the Company and its Restricted Subsidiaries on the Issue Date or a natural extension thereof. 

“Permitted Investments” means: 

(1) any Investment in the Company or in a Restricted Subsidiary of the Company; 

(2) any Investment in cash and Cash Equivalents; 

(3) any Investment by the Company or any Subsidiary of the Company in a Person, if as a result of such Investment: 

(a) such Person becomes a Restricted Subsidiary of the Company; or 

(b) such Person is merged or consolidated with or into, or transfers or conveys substantially all of its assets to, or is
liquidated into, the Company or a Restricted Subsidiary of the Company; 
 and, in each case, any Investment held by such Person;
provided, that such Investment was not acquired by such Person in contemplation of such acquisition, merger, consolidation, transfer, conveyance or liquidation; 

(4) any Investment made as a result of the receipt of non-cash consideration from an
Asset Sale that was made pursuant to and in compliance with Section 4.14 hereof; 
 (5) any Investments made solely in
exchange for the issuance of Equity Interests (other than Disqualified Stock) of the Company; 
 (6) (i) any Investments
received in compromise of obligations owed to the Company or any of its Restricted Subsidiaries created in the ordinary course of business, including pursuant to any plan of reorganization or similar arrangement upon the bankruptcy or insolvency of
any trade creditor or customer or in satisfaction of judgments and (ii) Investments by the Company or any of its Restricted Subsidiaries in a Securitization Special Purpose Entity or any Investment by a Securitization Special Purpose Entity in
any other Person, in each case, in connection with a Qualified Securitization Transaction; 
 (7) receivables owing to the
Company or any Restricted Subsidiary of the Company if created or acquired in the ordinary course of business and payable or dischargeable in accordance with customary trade terms (which trade terms may include such concessionary trade terms as the
Company or any such Restricted Subsidiary deems reasonable under the circumstances), and other Investments to the extent such Investments consist of prepaid expenses, negotiable instruments held for collection and lease, utility and workers’
compensation, performance and other similar deposits made in the ordinary course of business by the Company or any Restricted Subsidiary; 

  
 -21- 

 (8) Investments represented by Hedging Obligations; 

(9) Investments in existence on February 10, 2022 and any extension, modification or renewal of any such Investments, but
only to the extent such extension, modification or renewal does not involve additional advances, contributions or other Investments of cash or other assets or other increases thereof (other than as a result of the accrual or accretion of interest or
original issue discount or the issuance of pay-in-kind securities, in each case, pursuant to the terms of such Investment as in effect on February 10, 2022); 

(10) payroll, travel and similar advances to cover matters that are expected at the time of such advances ultimately to be
treated as expenses for accounting purposes and that are made in the ordinary course of business; 
 (11) loans and advances
to officers, directors and employees in the ordinary course of business in the aggregate amount outstanding at any one time not to exceed $25.0 million; 

(12) Investments in a Permitted Joint Venture or Unrestricted Subsidiary, when taken together with all other Investments made
pursuant to this clause (12) that are at the time outstanding, not to exceed the greater of (x) $675.0 million and (y) 2.5% of Consolidated Total Assets; 

(13) other Investments in any Person having an aggregate Fair Market Value (measured on the date each such Investment was made
and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (13) that are at the time outstanding, not to exceed the greater of (x) $2.0 billion and (y) 7.5% of
Consolidated Total Assets; 
 (14) Permitted Bond Hedge Transactions; and 

(15) additional Investments so long as, after giving pro forma effect thereto, the Total Leverage Ratio of the Company would be
no higher than 5.50 to 1.0. 
 “Permitted Joint Venture” means any joint venture (which may be in the form of a limited
liability company, partnership, corporation or other entity) in which the Company or any of its Restricted Subsidiaries is a joint venturer; provided, however, that the joint venture is engaged solely in a Permitted Business. 

“Permitted Liens” means: 

(1) Liens securing Indebtedness and other Obligations under Credit Facilities that were or will be permitted by the terms of
this Indenture to be incurred under Section 4.9(b)(i), (xvii) or (xx) hereof; 
 (2) Liens in favor of the Company
or any Note Guarantor; 
 (3) Liens on property of a Person existing at the time such Person is merged with or into or
consolidated with or is acquired by the Company or any Subsidiary of the Company; provided, that such Liens were not incurred in contemplation of such merger, consolidation or acquisition and do not extend to any assets other than those of
the Person merged into, consolidated with or acquired by the Company or the Subsidiary; 
 (4) Liens on property existing at
the time of acquisition of the property by the Company or any Subsidiary of the Company, provided that such Liens were not incurred in contemplation of such acquisition; 

  
 -22- 

 (5) Liens to secure the performance of statutory obligations, surety or
appeal bonds, performance bonds or other obligations of a like nature incurred in the ordinary course of business; 
 (6)
Liens to secure Indebtedness (including Capital Lease Obligations) permitted by Section 4.9(b)(iv) or Section 4.9(b)(v) hereof, covering only the assets acquired with such Indebtedness (and improvements or accessions thereto); 

(7) Liens existing on the Issue Date and Liens securing the Existing Secured Notes and the New Second Lien Notes and the
Guarantees thereof; 
 (8) Liens for taxes, assessments or governmental charges or claims that are not yet delinquent or that
are being contested in good faith by appropriate proceedings promptly instituted and diligently concluded, provided, that any reserve or other appropriate provision as is required in conformity with GAAP has been made therefor; 

(9) (i) Liens securing Hedging Obligations and (ii) Liens existing under or by reason of Indebtedness or other contractual
requirements of a Securitization Special Purpose Entity or any Standard Securitization Undertaking, in each case in respect of this subclause (ii) in connection with a Qualified Securitization Transaction; 

(10) Liens arising by reason of deposits necessary to obtain standby letters of credit in the ordinary course of business; 

(11) Liens to secure any Permitted Refinancing Indebtedness permitted to be incurred under this Indenture; provided,
however, that: 
 (a) the new Lien shall be limited to all or part of the same property and assets that secured or,
under the written agreements pursuant to which the original Lien arose, could secure the original Lien (plus improvements and accessions to, such property or proceeds or distributions thereof); 

(b) the Indebtedness secured by the new Lien is not increased to any amount greater than the sum of (x) the outstanding
principal amount or, if greater, committed amount, of the Permitted Refinancing Indebtedness and (y) an amount necessary to pay any fees and expenses, including premiums, related to such refinancing, refunding, extension, renewal or
replacement; and 
 (c) (i) if the Indebtedness secured by the new Lien is secured on a pari passu basis with the Lien
securing the Notes, then the new Lien may secure the Permitted Refinancing Indebtedness on either a pari passu basis or a junior priority basis to the Lien securing the Notes and (ii) if the Indebtedness secured by the new Lien is secured on a
junior priority basis with the Lien securing the Notes, then the new Lien may secure the Permitted Refinancing Indebtedness only on a junior priority basis to the Lien securing the Notes; 

(12) Liens of the Company or any Restricted Subsidiary of the Company with respect to obligations that do not exceed the
greater of (x) $350.0 million and (y) 1.25% of Consolidated Total Assets at any one time outstanding; 
 (13) survey
title exceptions, title defects, encumbrances, easements, reservations of, or rights of others for, rights of way, sewers, electric lines, telegraph or telephone lines and other similar purposes or zoning or other restrictions as to the use of real
property not materially interfering with the business of the Company and its Restricted Subsidiaries taken as a whole; 

(14) Liens arising by operation of law in favor of landlords, mechanics, carriers, warehousemen, materialmen, laborers,
employees, suppliers or the like, incurred in the ordinary course of business for sums which are not yet delinquent or are being contested in good faith by negotiations or by appropriate proceedings which suspend the collection thereof; 

  
 -23- 

 (15) Liens arising out of judgments, decrees, orders or awards in respect of
which the Company or a Restricted Subsidiary of the Company shall in good faith be prosecuting an appeal or proceedings for review which appeal or proceedings shall not have been finally terminated, or if the period within which such appeal or
proceedings may be initiated shall not have expired; 
 (16) Liens securing the Notes issued on the Issue Date and the Note
Guarantees with respect thereto; 
 (17) Liens securing one or more local working capital facilities of Foreign Subsidiaries,
so long as such Liens do not extend to the assets of any Person other than such foreign Restricted Subsidiaries; 
 (18) (a)
Liens on assets of Foreign Subsidiaries securing Indebtedness incurred by Foreign Subsidiaries pursuant to Section 4.9(b)(xiii) hereof and (b) Liens on assets of Non-Guarantor Subsidiaries securing
Indebtedness incurred by Non-Guarantor Subsidiaries; 
 (19) Liens imposed pursuant
to licenses, sublicenses, leases and subleases which do not materially interfere with the ordinary conduct of the business of the Company and its Restricted Subsidiaries taken as a whole; 

(20) Liens incurred to secure cash management services in the ordinary course of business; 

(21) customary restrictions on, or options, contracts or other agreements for, transfers of assets contained in agreements
related to any sale of assets pending such sale; provided that such restrictions apply only to the assets to be sold and such sale is otherwise permitted by this Indenture; 

(22) Liens securing obligations to the Trustee arising under this Indenture and similar Liens in favor of trustees, agents and
representatives arising under instruments governing Indebtedness permitted to be incurred under this Indenture; 
 (23) Liens
on trusts, cash or Cash Equivalents or other funds in connection with the defeasance (whether by covenant or legal defeasance), discharge or redemption of Indebtedness, pending consummation of a strategic transaction, or similar obligations;
provided that such defeasance, discharge or redemption is otherwise permitted by this Indenture; 
 (24) Liens to
secure any Indebtedness permitted to be incurred pursuant to Section 4.9, provided that, (a) in the case of this clause (a), at the time of its incurrence and after giving pro forma effect thereto, the Secured Leverage Ratio would
be no greater than 3.50 to 1.0; and to the extent such Liens are on Collateral, an authorized representative of the Holders of such Indebtedness and the Notes Collateral Agents shall execute a joinder to the First Lien Intercreditor Agreement (in
the form attached thereto) as a holder of Pari Passu Indebtedness or (b) to the extent such Liens rank junior to the Liens securing the Notes and Note Guarantees pursuant to a customary intercreditor agreement pursuant to which such
representative shall agree with the representatives of the applicable authorized representative that the Liens securing such Indebtedness are subordinated to the Liens securing the First Priority Obligations; and 

(25) Liens on assets not constituting Collateral securing obligations in an aggregate outstanding principal amount not to
exceed the greater of $600.0 million and 2.0% of Consolidated Total Assets. 
 In the event that a Permitted Lien meets the criteria of
more than one of the types of Permitted Liens (at the time of incurrence or at a later date), the Company in its sole discretion may divide, classify or from time to time reclassify all or any portion of such Permitted Lien in any manner that
complies with this definition and such Permitted Lien shall be treated as having been made pursuant only to the clause or clauses of the definition of “Permitted Lien” to which such Permitted Lien has been classified or reclassified. 

  
 -24- 

 “Permitted Refinancing Indebtedness” means any Indebtedness of the Company
or any of its Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund other Indebtedness of the Company or any of its Restricted Subsidiaries (other than
intercompany Indebtedness); provided, that: 
 (1) the principal amount (or accreted value, if applicable) of such
Permitted Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness extended, refinanced, renewed, replaced, defeased or refunded (plus all accrued interest on the Indebtedness and the
amount of all expenses and premiums incurred in connection therewith); 
 (2) such Permitted Refinancing Indebtedness has a
final maturity date later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being extended, refinanced, renewed, replaced, defeased or
refunded; 
 (3) if the Indebtedness being extended, refinanced, renewed, replaced, defeased or refunded is contractually
subordinated in right of payment to the Notes, such Permitted Refinancing Indebtedness has a final maturity date later than the final maturity date of, and is subordinated in right of payment to, the Notes on terms at least as favorable to the
Holders of Notes as those contained in the documentation governing the Indebtedness being extended, refinanced, renewed, replaced, defeased or refunded; and 

(4) if the Indebtedness being refinanced is Indebtedness of the Company or a Note Guarantor, such Permitted Refinancing
Indebtedness is also Indebtedness of the Company or a Note Guarantor. 
 “Permitted Warrant Transaction” means any call
option, warrant or right to purchase (or similar transaction), on the Company’s or a Restricted Subsidiary’s Equity Interests, regardless of the issuer or seller thereof, issued substantially concurrently with any purchase of a related
Permitted Bond Hedge Transaction. 
 “Person” means any individual, corporation, partnership, joint venture, association,
joint-stock company, trust, unincorporated organization, limited liability company or government or other entity. 
 “PPSA”
means the Personal Property Security Act (Ontario); provided, however, if the validity, attachment, perfection (or opposability), effect of perfection or of non-perfection or priority of a
Notes Collateral Agent’s security interest in any Collateral are governed by the personal property security laws or laws relating to personal or movable property of any jurisdiction in Canada other than the Province of Ontario, PPSA shall
include those personal property security laws or laws relating to personal or movable property in such other jurisdiction for the purpose of the provisions hereof relating to such validity, attachment, perfection (or opposability), effect of
perfection or of non-perfection or priority and for the definitions related to such provisions. 

“Principal” or “principal” of a debt security, including the Notes, means the principal of the security
plus, when appropriate, the premium, if any, on the security. 
 “Pro Forma Cost Savings” means, without duplication, with
respect to any period, the reductions in costs and other operating improvements or operating synergies with respect to an acquisition that are reasonably identifiable, factually supportable, reasonably attributable to the action specified and
reasonably anticipated to result from such actions; provided, that the relevant actions have been taken or initiated and the benefits resulting therefrom are anticipated to be realized within 18 months of the date of such acquisition
(including, for the avoidance of doubt, actions that will be taken or initiated so long as the benefits resulting therefrom are anticipated to be realized within 18 months of the date of such acquisition), as if all such reductions in costs and
other operating improvements or operating synergies had been effected as of the beginning of such period, decreased by any recurring incremental expenses incurred or to be incurred during such four-quarter period in order to achieve such reduction
in costs. Pro Forma Cost Savings described in the preceding sentence shall be calculated in good faith by a responsible financial or accounting officer of the Company and shall be accompanied by a certificate delivered to the Trustee from the
Company’s chief financial officer that generally outlines the specific actions taken or expected to be taken and the net cost reductions and other operating improvements or operating synergies achieved or expected to be achieved from each such
action and certifies that such cost reductions and other operating improvements or synergies meet the criteria set forth in the preceding sentence. 

  
 -25- 

 “Qualified Securitization Transaction” means any transaction or series of
transactions that may be entered into by the Company or any of its Restricted Subsidiaries pursuant to which the Company or such Restricted Subsidiary may sell, convey, grant a security interest in or otherwise transfer to a Securitization Special
Purpose Entity, and such Securitization Special Purpose Entity may sell, convey, grant a security interest in or otherwise transfer to any other Person, any Securitization Program Assets (whether now existing or arising in the future). 

“Rating Agency” means (1) each of Moody’s and S&P and (2) if Moody’s or S&P ceases to rate the
Notes for reasons outside of the control of the Company, a nationally recognized statistical rating organization under the Exchange Act selected by the Company as a replacement agency for Moody’s or S&P, as the case may be. 

“Real Estate Asset” means, at any time of determination, any interest (fee, leasehold or otherwise) then owned by the Company
or any Note Guarantor in any real property. 
 “Redemption Date” or “redemption date” means the date
specified for redemption of the Notes in accordance with the terms thereof and this Indenture. 
 “Regulated Bank” means a
commercial bank with a consolidated combined capital surplus of at least $5 billion that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized
under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any
branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction. 
 “Regulation S”
means Regulation S under the Securities Act or any successor to such regulation. 
 “Regulation
S-X” means Regulation S-X under the Securities Act or any successor to such regulation. 

“Regulation S Global Note” means a Global Note substantially in the form of Exhibit A hereto bearing the Global Note
Legend and the Legend and deposited with or on behalf of, and registered in the name of, the Depositary or its nominee that will initially be issued in a denomination equal to the principal amount of the Notes sold in reliance on Regulation S. 

“Restricted Global Note” means a permanent Global Note that is substantially in the form of Exhibit A attached hereto
that bears the Global Note Legend and that has the “Schedule of Exchanges of Interests in the Global Note” attached thereto, and that is deposited with or on behalf of and registered in the name of the Depositary or a nominee of the
Depositary, representing Notes that bear the Legend. 
 “Restricted Investment” means an Investment other than a Permitted
Investment. 
 “Restricted Note” means a Note required to bear the restricted legend set forth in the form of Notes set
forth in Exhibit A of this Indenture. 
 “Restricted Subsidiary” of a Person means any Subsidiary of the referent
Person that is not an Unrestricted Subsidiary. For the avoidance of doubt, BHA shall at all times be considered a Restricted Subsidiary of the Company. 

  
 -26- 

 “Rule 3-16 Capital Stock” means any
Capital Stock of any Subsidiary, in the event that Rule 3-16 of Regulation S-X requires or is amended, modified or interpreted by the SEC to require (or is replaced with
another rule or regulation, or any other law, rule or regulation is adopted, which would require) the filing with the SEC (or any other governmental agency) of separate financial statements of the Company or any such Subsidiary due to the fact that
such Subsidiary’s Capital Stock secures the Notes and the Note Guarantees, provided that such Capital Stock shall automatically be deemed (in accordance with the terms of the applicable Collateral Document) not to be part of the
Collateral securing the Notes and Note Guarantees only to the extent necessary to not be subject to such requirement. 
 “Rule
144” means Rule 144 promulgated under the Securities Act or any successor to such rule. 
 “Rule 144A” means Rule
144A promulgated under the Securities Act or any successor to such rule. 
 “Rule 903” means Rule 903 promulgated under the
Securities Act. 
 “Rule 904” means Rule 904 promulgated under the Securities Act. 

“S&P” means S&P Global Ratings, or any successor to the rating agency business thereof. 

“Screened Affiliate” means any Affiliate of a Holder (i) that makes investment decisions independently from such Holder
and any other Affiliate of such Holder that is not a Screened Affiliate, (ii) that has in place customary information screens between it and such Holder and any other Affiliate of such Holder that is not a Screened Affiliate and such screens
prohibit the sharing of information with respect to the Company or its Subsidiaries, (iii) whose investment policies are not directed by such Holder or any other Affiliate of such Holder that is acting in concert with such Holder in connection
with its investment in the Notes, and (iv) whose investment decisions are not influenced by the investment decisions of such Holder or any other Affiliate of such Holder that is acting in concert with such Holder in connection with its
investment in the Notes. 
 “SEC” means the U.S. Securities and Exchange Commission. 

“Second Lien Intercreditor Agreement” means the Second Lien Intercreditor Agreement, dated as of September 30, 2022, as
amended, restated, supplemented or otherwise modified from time to time, by and among the Company, the Notes Collateral Agents, the collateral agents and trustee of the New Second Lien Notes and the Credit Agreement Collateral Agent. 

“Secured Leverage Ratio” means the ratio of (i) the Total Consolidated Indebtedness of the Company and its Restricted
Subsidiaries that is secured by a Lien on the Collateral (unless such Lien is junior to the Lien securing the Notes and the Note Guarantees) or on other assets of the Company and its Restricted Subsidiaries, after giving effect to all incurrences
and repayments of Indebtedness on the relevant transaction date (net of unrestricted cash and Cash Equivalents of the Company and its Restricted Subsidiaries as of such date), provided that in the event the Company proposes to incur
Indebtedness pursuant to clauses (i) and (xx) of Section 4.9(b) hereof on the same day, Indebtedness incurred under clause (i) on that date shall not be included in the calculation of the Secured Leverage Ratio for purposes of the
calculation to be made pursuant to such clause (xx) on such date or clause (24) of the definition of “Permitted Liens” on such date (but shall, for the avoidance of doubt, be included in any and all subsequent calculations of the
Secured Leverage Ratio to the extent then outstanding and secured) to (ii) Consolidated Cash Flow of the Company for the most recent four consecutive full fiscal quarters for which internal financial statements are available ending on or prior
to the transaction date. In addition, the “Secured Leverage Ratio” will be calculated in a manner consistent with the definition of “Fixed Charge Coverage Ratio” to give effect to transactions that would require pro forma
adjustments to such ratio. 
 To the extent the Company elects pursuant to an Officer’s Certificate delivered to the Trustee to treat
all or any portion of the commitment under any Indebtedness as being incurred prior to the actual incurrence thereof pursuant to Section 4.9(e) hereof, the Company shall deem all or such portion of such commitment of such Indebtedness, as
applicable, as having been incurred and to be outstanding for purposes of calculating the Secured Leverage Ratio for any period in which the Company makes any such election and for any subsequent period until such commitments or such Indebtedness,
as applicable, are no longer outstanding. 

  
 -27- 

 “Securities Act” means the U.S. Securities Act of 1933, as amended, and the
rules and regulations promulgated thereunder, as in effect from time to time. 
 “Securitization Program Assets” means
(i) all receivables customarily transferred in connection with asset securitization transactions by the Company or any of its Restricted Subsidiaries pursuant to documents relating to any Qualified Securitization Transaction, (ii) all
rights arising under the documentation governing or related to receivables (including rights in respect of Liens securing such receivables and other credit support in respect of such receivables), any proceeds of such receivables and any lockboxes
or accounts in which such proceeds are deposited, spread accounts and other similar accounts (and any amounts on deposit therein) established in connection with a Qualified Securitization Transaction, any warranty, indemnity, dilution and other
intercompany claim arising out of the documents relating to such Qualified Securitization Transaction and other assets which are customarily transferred or in respect of which security interests are customarily granted in connection with asset
securitizations involving accounts receivable and (iii) all collections (including recoveries) and other proceeds of the assets described in the foregoing clauses (i) and (ii). 

“Securitization Special Purpose Entity” means a Person (including, without limitation, a Restricted Subsidiary) created in
connection with the transactions contemplated by a Qualified Securitization Transaction, which Person engages in no activities and holds no assets other than those incidental to such Qualified Securitization Transaction. 

“Security Agreement” means that certain U.S. Pledge and Security Agreement, dated as of the Issue Date, by and among each of
the Note Guarantors party thereto and BNY Mellon, in its capacity as Collateral Agent (or its successor). 
 “Separation
Agreements” means the agreements pursuant to which the separation of the Bausch + Lomb Business will be effected as described in the Bausch + Lomb Registration Statement, including but not limited to the Master Separation Agreement and the
Transition Services Agreements (as such terms are defined in the Bausch + Lomb Registration Statement). 
 “Shared
Collateral” shall have the meaning given to such term in the First Lien Intercreditor Agreement. 
 “Short Derivative
Instrument” means a Derivative Instrument (i) the value of which generally decreases, and/or the payment or delivery obligations under which generally increase, with positive changes to the Performance References and/or (ii) the
value of which generally increases, and/or the payment or delivery obligations under which generally decrease, with negative changes to the Performance References. 

“Significant Subsidiary” means any Subsidiary of the Company that would be a “significant subsidiary” as defined in
Article 1, Rule 1-02 of Regulation S-X, promulgated by the SEC, as such regulation is in effect on the date hereof. 

“Solta” means Solta Medical Corporation or any other Restricted Subsidiary of the Company constituting the direct holding
company of Solta Medical Corporation (provided that such direct holding company was established for such purpose and does not operate any other business). 

“Solta Business” means the Company’s global aesthetic medical device business. 

“Solta IPO” means the initial public offering of the Equity Interests of Solta Medical Corporation or such other entity that
operates the Solta Business. 
 “Standard Securitization Undertakings” means all representations, warranties, covenants,
indemnities, performance guarantees and servicing obligations entered into by the Company or any Subsidiary (other than a Securitization Special Purpose Entity) which are customary in connection with any Qualified Securitization Transaction. 

  
 -28- 

 “Stated Maturity” means, with respect to any installment of interest or
principal on any series of Indebtedness, the date on which the payment of interest or principal was scheduled to be paid in the original documentation governing such Indebtedness, and will not include any contingent obligations to repay, redeem or
repurchase any such interest or principal prior to the date originally scheduled for the payment thereof. 
 “Subsidiary”
means, with respect to any specified Person: 
 (1) any corporation, association or other business entity of which more than
50% of the total voting power of shares of Capital Stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees of the corporation, association or other business entity is at the
time owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person (or a combination thereof); and 

(2) any partnership (a) the sole general partner or the managing general partner of which is such Person or a Subsidiary
of such Person or (b) the only general partners of which are that Person or one or more Subsidiaries of that Person (or any combination thereof). 

“TIA” means the Trust Indenture Act of 1939, as amended, and the rules and regulations thereunder as in effect on the date of
this Indenture, except to the extent any amendment to the Trust Indenture Act expressly provides for application of the Trust Indenture Act as in effect on another date. 

“TMF Sub-Agent” means one or more of TMF’s Subsidiaries, Affiliates, or
attorneys including, but not limited to, TMF Colombia Ltda., TMF Magyarország Könyvelő és Szolgáltató Korlátolt Felelősségű Társaság, TMF Management (Ireland) Limited, TMF
Process Outsourcing, S de R.L. de C.V., TMF Poland Spółka z ograniczoną odpowiedzialnością, TMF Services SA. 

“Total Consolidated Indebtedness” means Indebtedness consisting of Indebtedness for borrowed money, Capital Lease
Obligations, letters of credit (only to the extent of any unreimbursed drawings thereunder), debt obligations evidenced by promissory notes and similar instruments and Guarantees in respect of any of the foregoing. 

“Total Leverage Ratio” means the ratio of (i) Total Consolidated Indebtedness of the Company and its Restricted
Subsidiaries, after giving effect to all incurrences and repayments of Indebtedness on the transaction date (net of unrestricted cash and Cash Equivalents of the Company and its Restricted Subsidiaries as of such date), to (ii) Consolidated
Cash Flow of the Company and its Restricted Subsidiaries for the most recent four consecutive full fiscal quarters for which internal financial statements are available ending on or prior to the transaction date. In addition, the “Total
Leverage Ratio” will be calculated in a manner consistent with the definition of “Fixed Charge Coverage Ratio” to give effect to transactions that would require pro forma adjustments to such ratio. 

To the extent the Company elects pursuant to an Officer’s Certificate delivered to the Trustee to treat all or any portion of the
commitment under any Indebtedness as being incurred prior to the actual incurrence thereof pursuant to Section 4.9(e) hereof, the Company shall deem all or such portion of such commitment of such Indebtedness, as applicable, as having been
incurred and to be outstanding for purposes of calculating the Total Leverage Ratio for any period in which the Company makes any such election and for any subsequent period until such commitments or such Indebtedness, as applicable, are no longer
outstanding. 
 “Treasury Rate” means, with respect to the Notes, the rate per annum equal to the yield to maturity at the
time of computation of U.S. Treasury securities with a constant maturity most nearly equal to the period from such date of redemption to September 30, 2028, provided, however, that if the period from such date of redemption to
September 30, 2028 is not equal to the constant maturity of a U.S. Treasury security for which a weekly average yield is given, the Treasury Rate shall be obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the weekly average yields of U.S. Treasury securities for which such yields are given, except that if the period from such date of redemption to September 30, 2028 is less than one
year, the weekly average yield on actually traded U.S. Treasury securities adjusted to a constant maturity of one year shall be used. The Company shall obtain the Treasury Rate. 

  
 -29- 

 “Trust Officer” shall mean, when used with respect to the Trustee, any
officer within the corporate trust department of the Trustee, including any vice president, assistant secretary, associate, secretary, trust officer or any other officer of the Trustee who customarily performs functions similar to those performed by
the Persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such person’s knowledge of and familiarity with the particular subject and who shall have direct responsibility for
the administration of this Indenture. 
 “Trustee” means The Bank of New York Mellon, a New York banking corporation, until
a successor replaces it in accordance with the provisions of this Indenture, and thereafter means the successor. 
 “UCC”
or “Uniform Commercial Code” means the Uniform Commercial Code as the same may be in effect from time to time in the State of New York or the Uniform Commercial Code (or similar code or statute) of another jurisdiction, to the
extent it applies to any item or items of Collateral. 
 “Underlying Debt” means in relation to the Company or any Note
Guarantor and at any time, each obligation (whether present or future, actual or contingent) owing by the Company or such Note Guarantor to a First Lien Notes Secured Party under this Indenture, the Notes or the Collateral Documents (including for
the avoidance of doubt any change or increase in those obligations pursuant to or in connection with any amendment or supplement or restatement or novation of this Indenture, the Notes or any Collateral Document, in each case whether or not
anticipated as of the date of this Indenture) excluding the Company’s or such Note Guarantor’s Parallel Debt, as applicable. 

“Unrestricted Subsidiary” means (1) 1375209 B.C. Ltd., (2) Bausch Health LLC (Belarus), (3) Oceana Therapeutics Limited,
(4) PharmaSwiss, trgovsko in proizvodno podjete, d.o.o., (5) Wirra Holdings Pty Limited (Australia) and (6) any other Subsidiary of the Company that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary
pursuant to a board resolution, but only to the extent that such Subsidiary: 
 (1) has no Indebtedness other than Non-Recourse Debt; 
 (2) is not party to any agreement, contract, arrangement or
understanding with the Company or any Restricted Subsidiary of the Company unless the terms of any such agreement, contract, arrangement or understanding are not materially less favorable to the Company or such Restricted Subsidiary, in each case,
taken as a whole, than those that might be obtained at the time from Persons who are not Affiliates of the Company; 
 (3) is
a Person with respect to which neither the Company nor any of its Restricted Subsidiaries has any direct or indirect obligation (a) to subscribe for additional Equity Interests or (b) to maintain or preserve such Person’s financial
condition or to cause such Person to achieve any specified levels of operating results; and 
 (4) has not Guaranteed or
otherwise directly or indirectly provided credit support for any Indebtedness of the Company or any of its Restricted Subsidiaries. 
 Any
designation of a Subsidiary of the Company as an Unrestricted Subsidiary will be evidenced to the Trustee by filing with the Trustee a certified copy of the board resolution giving effect to such designation and an Officer’s Certificate
certifying that such designation complied with the preceding conditions and was permitted by Section 4.8 hereof. If, at any time, any Unrestricted Subsidiary would fail to meet the preceding requirements as an Unrestricted Subsidiary, it will
thereafter cease to be an Unrestricted Subsidiary for purposes of this Indenture and any Indebtedness of such Subsidiary will be deemed to be incurred by a Restricted Subsidiary of the Company as of such date, and, if such Indebtedness is not
permitted to be incurred as of such date under Section 4.9 hereof, the Company will be in default of such covenant. The Board of Directors of the Company may at any time designate any Unrestricted Subsidiary to be a Restricted Subsidiary;
provided, that such designation will be deemed to be an incurrence of Indebtedness and, if applicable, related Liens by a Restricted Subsidiary of the Company of any outstanding Indebtedness and, if applicable, related Liens of such
Unrestricted Subsidiary and such designation will only be permitted if (1) such Indebtedness and, if applicable, related Liens are permitted under Section 4.9 hereof and, if applicable, Section 4.11 hereof (other than clause
(3) under the definition of “Permitted Liens”), calculated, if applicable, on a pro forma basis as if such designation had occurred at the beginning of the four-quarter reference period; and (2) no Default or Event of Default
would be in existence following such designation. 

  
 -30- 

 Notwithstanding anything herein to the contrary, Solta may not be designated as an
Unrestricted Subsidiary. 
 “Upfront Payments” means any upfront or similar payments made in connection with any drug or
pharmaceutical product research and development or collaboration arrangements or the closing of any Drug Acquisition. 
 “Vice
President” when used with respect to the Company or the Trustee, means any vice president, whether or not designated by a number or a word or words added before or after the title “vice president.” 

“Voting Stock” of any Person as of any date means the Capital Stock of such Person that is at the time entitled to vote in
the election of the Board of Directors of such Person. 
 “Weighted Average Life to Maturity” means, when applied to any
Indebtedness at any date, the number of years obtained by dividing: 
 (1) the sum of the products obtained by multiplying
(a) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect of the Indebtedness, by (b) the number of years (calculated to the
nearest one-twelfth) that will elapse between such date and the making of such payment; by 

(2) the then outstanding principal amount of such Indebtedness. 

“WURA” means the Winding-Up and Restructuring Act (Canada). 

Section 1.2 Other Definitions. 
  

			
	 TERM
	  	DEFINED IN
SECTION
	 “Acceptable Commitment”
	  	4.14(b)
	 “Additional Amounts”
	  	4.21(a)
	 “Affiliate Transaction”
	  	4.13(a)
	 “Agent Members”
	  	2.1(b)
	 “Agreed Guarantee Principles”
	  	4.15
	 “Applicable Collateral Limitations”
	  	4.22
	 “Asset Sale Offer”
	  	4.14(c)/3.14
	 “Authorized Agent”
	  	11.16
	 “Authorized Officers”
	  	11.2
	 “Benefited Party”
	  	10.1(b)
	 “Change in Tax Law”
	  	3.7(d)
	 “Change of Control Offer”
	  	3.8(b)
	 “Change of Control Purchase Date”
	  	3.8(b)
	 “Change of Control Purchase Notice”
	  	3.8(c)
	 “Change of Control Purchase Price”
	  	3.8(a)
	 “Company Notice”
	  	3.8(b)
	 “Company Order”
	  	2.2
	 “Corresponding Debt”
	  	13.3(b)/13.5(b)
	 “Cost Saving Initiative”
	  	1.1
	 “Covenant Defeasance”
	  	8.3
	 “Declined Asset Sale Proceeds”
	  	8.3
	 “Directing Holder”
	  	6.2
	 “Electronic Means”
	  	11.2
	 “Event of Default”
	  	6.1
	 “Excess Proceeds”
	  	4.14(c)
	 “Expected Cost Savings”
	  	1.1
	 “FATCA”
	  	4.21(b)(vii)

  
 -31- 

			
	 TERM
	  	DEFINED IN
SECTION
	 “Fixed Amounts”
	  	11.15(c)
	 “Foreign Security Agreements”
	  	13.2(a)
	 “incur”
	  	4.9(a)
	 “Incurrence-Based Amounts”
	  	11.15(c)
	 “Initial Lien”
	  	4.11
	 “Instructions”
	  	11.2
	 “Judgment Currency”
	  	11.17
	 “Legal Defeasance”
	  	8.2
	 “Legal Holiday”
	  	11.7
	 “Legend”
	  	2.12(a)
	 “Licensed Property”
	  	1.1
	 “Noteholder Direction”
	  	6.2
	 “Notice of Default”
	  	6.1
	 “Offer Amount”
	  	3.14
	 “Offer Period”
	  	3.14
	 “Paying Agent”
	  	2.3
	 “Payment Default”
	  	6.1(e)
	 “Payor”
	  	4.21(a)
	 “Performance References”
	  	1.1
	 “Permitted Debt”
	  	4.9(b)
	 “Position Representation”
	  	6.2
	 “Premium Effective Date”
	  	6.2
	 “Purchase Date”
	  	3.14
	 “Redemption Price”
	  	6.2
	 “Redemption Price Premium”
	  	6.2
	 “Registrar”
	  	2.3
	 “Regulation 803 Reimbursement”
	  	4.21(d)
	 “Relevant Taxing Jurisdiction”
	  	4.21(a)
	 “Restricted Amount”
	  	4.14(b)
	 “Restricted Payments”
	  	4.8(a)
	 “Retained Asset Sale Proceeds”
	  	4.14(b)
	 “Tax”
	  	4.21(a)

 Section 1.3 Rules of Construction. Unless the context otherwise requires: 

(A) a term has the meaning assigned to it; 

(B) an accounting term not otherwise defined has the meaning assigned to it in accordance with GAAP; 

(C) words in the singular include the plural, and words in the plural include the singular; 

(D) provisions apply to successive events and transactions; 

(E) the term “merger” includes a statutory share exchange and the term “merged” has a correlative meaning;

 (F) the masculine gender includes the feminine and the neuter; 

  
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 (G) references to agreements and other instruments include subsequent
amendments thereto; 
 (H) “herein,” “hereof” and other words of similar import refer to this Indenture
as a whole and not to any particular Article, Section or other subdivision; 
 (I) references to ratings by Moody’s or
S&P shall include any successor equivalent ratings if either Moody’s or S&P changes its ratings scale subsequent to the date of this Indenture; 

(J) except as otherwise provided for herein, the Notes will be treated as a single class for all purposes under this Indenture,
including, without limitation, waivers, amendments, redemptions and offers to purchase; and 
 (K) a reference to a statute
includes all regulations made pursuant to such statute and, unless otherwise specified, the provisions of any statute or regulation which amends, revises, restates, supplements or supersedes any such statute or any such regulation. 

ARTICLE 2 
 THE SECURITIES 

Section 2.1 Form and Dating. The Notes and the Trustee’s certificate of authentication with respect thereto shall be
substantially in the form set forth in Exhibit A, which are incorporated in and made part of this Indenture. The Notes may have notations, legends or endorsements required by law, stock exchange rule or usage. The Company
shall provide any such notations, legends or endorsements to the Trustee in writing. The Notes shall be in a minimum denomination of $1,000 and integral multiples of $1,000 in excess thereof. Each Note shall be dated the date of its authentication.
The Notes are being offered and sold by the Company in transactions exempt from, or not subject to, the registration requirements of the Securities Act. 

(a) Restricted Global Notes. All of the Notes are initially being offered and sold to (i) qualified institutional
buyers as defined in Rule 144A in reliance on Rule 144A under the Securities Act or (ii) outside the United States to persons other than U.S. persons in reliance upon Regulation S under the Securities Act, and shall be issued initially in the
form of one or more 144A Global Notes and Regulation S Global Notes, respectively, which shall be deposited on behalf of the purchasers of the Notes represented thereby with the Trustee, as custodian for the depositary, DTC, and registered in the
name of its nominee, Cede & Co., duly executed by the Company and authenticated by the Trustee as hereinafter provided. The aggregate principal amount of the Restricted Global Notes may from time to time be increased or decreased by
adjustments made on the records of the Notes custodian as hereinafter provided, subject in each case to compliance with the Applicable Procedures. 

(b) Form of Notes. Notes issued in global form shall be substantially in the form of Exhibit A
(including the Global Note Legend thereon and the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Definitive Notes shall be substantially in the form of Exhibit A attached hereto (but
without the Global Note Legend thereon and without the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Each Global Note shall represent such of the outstanding Notes as shall be specified therein and each shall
provide that it shall represent the aggregate principal amount of outstanding Notes from time to time endorsed thereon and that the aggregate principal amount of outstanding Notes represented thereby may from time to time be reduced or increased, as
appropriate, to reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in the aggregate principal amount of outstanding Notes represented thereby shall be made by the Trustee or the
Notes custodian, at the direction of the Trustee, in accordance with instructions given by the Holder thereof as required by Section 2.12 hereof and shall be made on the records of the Trustee and the Depositary. 

  
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 Members of, or participants in, the Depositary (“Agent
Members”) shall have no rights under this Indenture with respect to any Global Note held on their behalf by the Depositary or under the Global Note, and the Depositary (including, for this purpose, its nominee) may be treated by the
Company, the Trustee and any agent of the Company or the Trustee as the absolute owner and Holder of such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall (A) prevent the Company, the Trustee or any
agent of the Company or the Trustee from giving effect to any written certification, proxy or other authorization furnished by the Depositary or (B) impair, as between the Depositary and its Agent Members, the operation of customary practices
governing the exercise of the rights of a Holder of any Note. 
 (c) Additional Notes. Subject to compliance with the
provisions of Sections 4.9 and 4.11 hereof, the Company may issue Additional Notes in an unlimited amount under this Indenture. 

(d) Regulation S Global Notes. Global Notes offered and sold in reliance on Regulation S shall initially be represented
by one or more Regulation S Global Notes, substantially in the form of Exhibit A with such applicable legends as are provided in Exhibit A. The Regulation S Global Notes will be deposited, upon
issuance, on behalf of the purchasers of the Notes represented thereby with the Trustee, as custodian for the Depositary and registered in the name of the Depositary or the nominee of the Depositary, duly executed by the Company and authenticated by
the Trustee as hereinafter provided. 
 The aggregate principal amount of the Regulation S Global Notes may from time to time
be increased or decreased by adjustments made on the records of the Trustee and the Depositary or its nominee, as the case may be, in connection with transfers of interest as hereinafter provided. 

(e) Book Entry Provisions. The Company shall execute and the Trustee shall, in accordance with this Section 2.1(e),
authenticate and deliver initially one or more Global Notes that (i) shall be registered in the name of the applicable Depositary or its nominee, (ii) shall be delivered by the Trustee to the applicable Depositary or pursuant to the
applicable Depositary’s instructions and (iii) shall bear legends substantially in the form of the first paragraph of Exhibit A attached hereto. 

Section 2.2 Execution and Authentication. An Officer of the Company shall sign the Notes for the Company by manual or facsimile
signature. Typographic and other minor errors or defects in any such facsimile signature shall not affect the validity or enforceability of any Note which has been authenticated and delivered by the Trustee. 

If an Officer whose signature is on a Note no longer holds that office at the time the Trustee authenticates the Note, the Note shall be valid
nevertheless. 
 A Note shall not be valid until an authorized signatory of the Trustee manually or electronically signs the certificate of
authentication on the Note. The signature shall be conclusive evidence that the Note has been authenticated under this Indenture. 
 The
Trustee shall authenticate and make available for delivery the Notes for original issue in an initial aggregate principal amount of $1,774,067,000 and Additional Notes as contemplated by Section 2.1(c) hereof, upon receipt of a written order of
the Company signed by an Officer of the Company (a “Company Order”). The Company Order shall specify the amount of Notes to be authenticated and shall provide that all such Notes will be represented by a Restricted Global Note and
the date on which such issue of Notes is to be authenticated. The aggregate principal amount of Notes outstanding at any time may not exceed the applicable amounts in the foregoing sentence, except as provided in Sections 2.1(c) and 2.7 hereof. 

The Trustee shall act as the initial authenticating agent. Thereafter, the Trustee may appoint an authenticating agent acceptable to the
Company to authenticate Notes. An authenticating agent may authenticate Notes whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such agent. An authenticating agent shall have
the same rights as an Agent to deal with the Company or an Affiliate of the Company. 

  
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 The Notes shall be issuable only in registered form without coupons and only in minimum
denominations of $1,000 principal amount and integral multiples of $1,000 in excess thereof. 
 Section 2.3 Registrar and Paying
Agent. The Company shall maintain one or more offices or agencies where Notes may be presented for registration of transfer or for exchange (each, a “Registrar”), one or more offices or agencies where Notes may be presented for
payment (each, a “Paying Agent”) and one or more offices or agencies where notices and demands to or upon the Company in respect of the Notes and this Indenture may be served. The Company will at all times maintain a Paying Agent,
Registrar and an office or agency where notices and demands to or upon the Company in respect of the Notes and this Indenture may be served in the Borough of Manhattan in the City of New York. 

The Company shall enter into an appropriate agency agreement with any Agent not a party to this Indenture. The agreement shall implement the
provisions of this Indenture that relate to such Agent. The Company shall notify the Trustee of the name and address of any Agent not a party to this Indenture. If the Company fails to maintain a Registrar, Paying Agent or agent for service of
notices and demands in any place required by this Indenture, or fail to give the foregoing notice, the Trustee shall act as such. The Company or any Affiliate of the Company may act as Paying Agent (except for the purposes of Section 4.1 and
Article 8). 
 The Company hereby initially designates the Trustee as Paying Agent, Registrar and Notes custodian, and the office or agency
of the Trustee in the Borough of Manhattan, The City of New York (which shall initially be the office located at 240 Greenwich Street, New York, NY 10286) as one such office or agency of the Company for each of the aforesaid purposes. 

The Company may change the Paying Agents or Registrar in its sole discretion without prior notice to the Holders. 

Section 2.4 Paying Agent to Hold Money in Trust. Prior to 11:00 a.m., New York City time, on each due date of the principal of or
interest on any Notes, the Company shall deposit with a Paying Agent a sum sufficient to pay such principal or interest, if any, so becoming due. A Paying Agent shall hold in trust for the benefit of Noteholders or the Trustee all money held by the
Paying Agent for the payment of principal of or interest on the Notes, and shall notify the Trustee of any default by the Company (or any other obligor on the Notes) in making any such payment. If the Company or an Affiliate of the Company acts as
Paying Agent, the Company or such Affiliate shall, before 11:00 a.m., New York City time, on each due date of the principal of or interest on any Notes, segregate the money and hold it as a separate trust fund. The Company at any time may require a
Paying Agent to pay all money held by it to the Trustee, and the Trustee may at any time during the continuance of any Default, upon written request to a Paying Agent, require such Paying Agent to pay forthwith to the Trustee all sums so held in
trust by such Paying Agent. Upon doing so, the Paying Agent (other than the Company) shall have no further liability for the money. For the avoidance of doubt, in no event shall any Paying Agent (unless the Company or an Affiliate of the Company is
acting as Paying Agent) be required to advance funds for any payment on the Notes hereunder or to make any such payment until the Paying Agent has actually received such funds from the Company. 

Section 2.5 Noteholder Lists. The Trustee shall preserve in as current a form as is reasonably practicable the most recent list
available to it of the names and addresses of Noteholders. If the Trustee is not the Registrar, the Company shall furnish to the Trustee on or before each interest payment date, and at such other times as the Trustee may request in writing, a list
in such form and as of such date as the Trustee may reasonably require of the names and addresses of Noteholders. 
 Section 2.6
Transfer and Exchange. 
 (a) Subject to compliance with any applicable additional requirements contained in Section 2.12
hereof, when a Note is presented to a Registrar with a request to register a transfer thereof or to exchange such Note for an equal principal amount of Notes of other authorized denominations, the Registrar shall register the transfer or make the
exchange as requested; provided, however, that every Note presented or surrendered for registration of transfer or exchange shall be duly endorsed or accompanied by an assignment form and, if applicable, a transfer certificate in the
form(s) included in Exhibit A and Exhibit C, as applicable, and in form satisfactory to the Registrar, duly executed by the Holder thereof or its attorney duly authorized in writing. To permit
registration of transfers and exchanges, upon surrender of any Note for registration of transfer or exchange at an office or agency maintained pursuant to Section 2.3 hereof, the Company shall execute and the Trustee shall authenticate Notes of
a like aggregate principal amount at the Registrar’s request. Any exchange or transfer shall be without charge, except that the Company or the Registrar may require payment of a sum sufficient to cover any tax or other governmental charge that
may be imposed in relation thereto, and provided, that this sentence shall not apply to any exchange pursuant to Section 2.10, 2.12(a), 3.6, 3.11 or 9.5 hereof. 

  
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 Neither the Company, any Registrar nor the Trustee shall be required to exchange or register
a transfer of any Notes or portions thereof in respect of which a Change of Control Purchase Notice or a notice in connection with an Asset Sale Offer has been delivered and not withdrawn by the Holder thereof (except, in the case of the purchase of
a Note in part, the portion thereof not to be purchased). 
 All Notes issued upon any transfer or exchange of Notes shall be valid
obligations of the Company, evidencing the same debt and entitled to the same benefits under this Indenture, as the Notes surrendered upon such transfer or exchange. 

(b) Any Registrar appointed pursuant to Section 2.3 hereof shall provide to the Trustee such information as the Trustee may reasonably
require in connection with the delivery by such Registrar of Notes upon transfer or exchange of Notes. 
 (c) Each Holder of a Note agrees
to indemnify the Company and the Trustee against any liability that may result from the transfer, exchange or assignment of such Holder’s Note in violation of any provision of this Indenture and/or applicable United States federal, state,
Canadian federal, provincial or territorial securities law. 
 Section 2.7 Replacement Notes. If any mutilated Note is
surrendered to the Company, a Registrar or the Trustee, or the Company, a Registrar and the Trustee receive evidence to their satisfaction of the destruction, loss or theft of any Note, and there is delivered to the Company, the applicable Registrar
and the Trustee such security or indemnity as will be required by them to save each of them harmless, then, in the absence of notice to the Company, such Registrar or the Trustee that such Note has been acquired by a bona fide purchaser, the Company
shall execute, and upon its written request the Trustee shall authenticate and deliver, in exchange for any such mutilated Note or in lieu of any such destroyed, lost or stolen Note, a new Note of like tenor and principal amount, bearing a number
not contemporaneously outstanding. 
 In case any such mutilated, destroyed, lost or stolen Note has become or is about to become due and
payable, or is about to be purchased by the Company pursuant to Article 3, the Company in its discretion may, instead of issuing a new Note, pay or purchase such Note, as the case may be. 

Upon the issuance of any new Notes under this Section 2.7, the Company may require the payment of a sum sufficient to cover any tax or
other governmental charge that may be imposed in relation thereto and any other reasonable expenses (including the reasonable fees and expenses of the Trustee or the Registrar) in connection therewith. 

Every new Note issued pursuant to this Section 2.7 in lieu of any mutilated, destroyed, lost or stolen Note shall constitute an original
additional contractual obligation of the Company, whether or not the mutilated, destroyed, lost or stolen Note shall be at any time enforceable by anyone, and shall be entitled to all benefits of this Indenture equally and proportionately with any
and all other Notes duly issued hereunder. 
 The provisions of this Section 2.7 are (to the extent lawful) exclusive and shall
preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Notes. 

Section 2.8 Outstanding Notes. Notes outstanding at any time are all Notes authenticated by the Trustee, except for those canceled
by it, those delivered to it for cancellation or surrendered for transfer or exchange and those described in this Section 2.8 as not outstanding. 

  
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 If a Note is replaced pursuant to Section 2.7 hereof, it ceases to be outstanding
unless the Company receives proof satisfactory to it that the replaced Note is held by a bona fide purchaser. 
 If a Paying Agent (other
than the Company or an Affiliate of the Company) holds on a Redemption Date, Change of Control Purchase Date or the Final Maturity Date money sufficient to pay the principal of (including premium, if any) and interest on Notes (or portions thereof)
payable on that date, then on and after such Redemption Date, Change of Control Purchase Date or the Final Maturity Date, as the case may be, such Notes (or portions thereof, as the case may be) shall cease to be outstanding and interest on them
shall cease to accrue. 
 Subject to the restrictions contained in Section 2.9 hereof, a Note does not cease to be outstanding because
the Company or an Affiliate of the Company holds the Note. 
 Section 2.9 Treasury Notes. In determining whether the Holders of
the required principal amount of Notes have concurred in any notice, direction, waiver or consent, Notes owned by the Company or any other obligor on the Notes or by any Affiliate of the Company or of such other obligor shall be disregarded, except
that, for purposes of determining whether the Trustee shall be protected in relying on any such notice, direction, waiver or consent, only Notes which a Trust Officer of the Trustee actually knows are so owned shall be so disregarded. Notes so owned
which have been pledged in good faith shall not be disregarded if the pledgee establishes to the satisfaction of the Trustee the pledgee’s right so to act with respect to the Notes and that the pledgee is neither the Company nor any other
obligor on the Notes or any Affiliate of the Company or of such other obligor. 
 Section 2.10 Temporary Notes. Until Definitive
Notes are ready for delivery, the Company may prepare and execute, and, upon receipt of a Company Order, the Trustee shall authenticate and deliver, temporary Notes. Temporary Notes shall be substantially in the form of Definitive Notes but may have
variations that the Company with the consent of the Trustee considers appropriate for temporary Notes. Without unreasonable delay, the Company shall prepare and the Trustee shall authenticate and deliver Definitive Notes in exchange for temporary
Notes. 
 Section 2.11 Cancellation. The Company at any time may deliver Notes to the Trustee for cancellation. The Registrar
and the Paying Agent shall forward to the Trustee or its agent any Notes surrendered to them for transfer, exchange, payment or conversion. The Trustee and no one else shall cancel, in accordance with its standard procedures, all Notes surrendered
for transfer, exchange, payment, conversion or cancellation and shall deliver the canceled Notes to the Company. All Notes which are purchased or otherwise acquired by the Company or any of its Subsidiaries prior to the Final Maturity Date of such
Notes may be delivered to the Trustee for cancellation or resold. The Company may not hold or resell such Notes or issue any new Notes to replace any Notes delivered for cancellation 

Section 2.12 Legend; Additional Transfer and Exchange Requirements. 

(a) If Notes are issued upon the transfer, exchange or replacement of Notes subject to restrictions on transfer and bearing the legends set
forth on the form of Notes attached hereto as Exhibit A (collectively, the “Legend”), or if a request is made to remove the Legend on a Note, the Notes so issued shall bear the Legend, or the Legend shall
not be removed, as the case may be, unless there is delivered to the Company such satisfactory evidence, which shall include an opinion of counsel if requested by the Company, as may be reasonably required by the Company, that neither the Legend nor
the restrictions on transfer set forth therein are required to ensure that transfers thereof comply with the provisions of Rule 144 under the Securities Act or that such Notes are not “restricted” within the meaning of Rule 144 under the
Securities Act; provided that no such evidence need be supplied in connection with the sale of such Note pursuant to a registration statement that is effective at the time of such sale. Upon (i) provision of satisfactory evidence if
requested, or (ii) notification by the Company to the Trustee and Registrar of the sale of such Note pursuant to a registration statement that is effective at the time of such sale, the Trustee, at the written direction of the Company, shall
authenticate and deliver a Note that does not bear the Legend. If the Legend is removed from the face of a Note and the Note is subsequently held by an Affiliate of the Company, the Legend shall be reinstated. 

  
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 (b) A Global Note may not be transferred, in whole or in part, to any Person other than the
Depositary or a nominee or any successor thereof, and no such transfer to any such other Person may be registered; provided that the foregoing shall not prohibit any transfer of a Note that is issued in exchange for a Global Note but is not
itself a Global Note; provided further that in no event shall a beneficial interest in a Regulation S Global Note be transferred to a U.S. Person prior to the receipt by the Registrar of any certificates required pursuant to Regulation
S, as determined by the Company. No transfer of a Note to any Person shall be effective under this Indenture or the Notes unless and until such Note has been registered in the name of such Person. Notwithstanding any other provisions of this
Indenture or the Notes, transfers of a Global Note, in whole or in part, shall be made only in accordance with this Section 2.12. 

(c) Subject to the succeeding paragraph, every Note shall be subject to the restrictions on transfer provided in the Legend. Whenever any
Restricted Note is presented or surrendered for registration of transfer or for exchange for a Note registered in a name other than that of the Holder, such Note must be accompanied by a certificate in substantially the form set forth in
Exhibit A dated the date of such surrender and signed by the Holder of such Note, as to compliance with such restrictions on transfer. The Registrar shall not be required to accept for such registration of transfer or
exchange any Note not so accompanied by a properly completed certificate. 
 (d) The restrictions imposed by the Legend upon the
transferability of any Note shall cease and terminate when such Note has been sold pursuant to an effective registration statement under the Securities Act or transferred in compliance with Rule 144 under the Securities Act (or any successor
provision thereto) or, if earlier, upon the expiration of the holding period applicable to sales thereof under Rule 144(d)(1)(ii) under the Securities Act (or any successor provision). Any Note as to which such restrictions on transfer shall have
expired in accordance with their terms or shall have terminated may, upon a surrender of such Note for exchange to the Registrar in accordance with the provisions of this Section 2.12 (accompanied, in the event that such restrictions on
transfer have terminated by reason of a transfer in compliance with Rule 144 or any successor provision, by, if requested by the Company or the Registrar, an opinion of counsel reasonably acceptable to the Company and addressed to the Company to the
effect that the transfer of such Note has been made in compliance with Rule 144 or such successor provision), be exchanged for a new Note, of like tenor, series and aggregate principal amount, which shall not bear the restrictive Legend. The Company
shall inform the Trustee of the effective date of any registration statement registering any Notes under the Securities Act. The Trustee shall not be liable for any action taken or omitted to be taken by it in good faith in accordance with the
aforementioned opinion of counsel or registration statement. 
 (e) As used in this Section 2.12, the term “transfer”
encompasses any sale, pledge, transfer, hypothecation or other disposition of any Note. 
 (f) The provisions of clauses (iii), (iv) and
(v) below shall apply only to Global Notes: 
 (i) Notwithstanding any other provisions of this Indenture or the Notes,
a Global Note shall not be exchanged in whole or in part for a Note registered in the name of any Person other than the Depositary or one or more nominees thereof, provided that a Global Note may be exchanged for Notes registered in the names
of any person designated by the Depositary in the event that (A) the Depositary has notified the obligors that it is unwilling or unable to continue as Depositary for such Global Note and the Company fails to appoint a successor Depositary or
(B) an Event of Default has occurred and is continuing with respect to the Notes. Any Global Note exchanged pursuant to clause (A) above shall be so exchanged in whole and not in part, and any Global Note exchanged pursuant to clause
(B) above may be exchanged in whole or from time to time in part as directed by the applicable Depositary. Any Note issued in exchange for a Global Note or any portion thereof shall be a Global Note; provided that any such Note so issued
that is registered in the name of a Person other than the applicable Depositary or a nominee thereof shall not be a Global Note. 

(ii) Notes issued in exchange for a Global Note or any portion thereof shall be issued in definitive, fully registered form,
without interest coupons, shall have an aggregate principal amount equal to that of such Global Note or portion thereof to be so exchanged, shall be registered in such names and shall be in such authorized denominations as the Depositary shall
designate and shall bear the applicable legends provided for herein. Any Global Note to be exchanged in whole shall be surrendered by the Depositary to the Trustee, as Registrar. With regard to any Global Note to be exchanged in part, either such
Global Note shall be so surrendered for exchange or, if the Trustee is acting as custodian for the Depositary or its nominee with respect to such Global Note, the principal amount thereof shall be reduced, by an amount equal to the portion thereof
to be so exchanged, by means of an appropriate adjustment made on the records of the Trustee. Upon any such surrender or adjustment, the Trustee shall authenticate and deliver Notes issuable on such exchange to or upon the order of the Depositary or
an authorized representative thereof. 

  
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 (iii) Subject to the provisions of clause (v) below, the registered
Holder may grant proxies and otherwise authorize any Person, including Agent Members and persons that may hold interests through Agent Members, to take any action which a Holder is entitled to take under this Indenture or the Notes. 

(iv) In the event of the occurrence of any of the events specified in clause (i) above, the obligors will promptly make
available to the Trustee a reasonable supply of applicable Definitive Notes in definitive, fully registered form, without interest coupons. 

(v) Neither Agent Members nor any other Persons on whose behalf Agent Members may act shall have any rights under this
Indenture with respect to any Global Note registered in the name of the Depositary or any nominee thereof, or under any such Global Note, and the Depositary or such nominee, as the case may be, may be treated by the Company, the Trustee and any
agent of the Company or the Trustee as the absolute owner and holder of such Global Note for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall prevent the Company, the Trustee or any agent of the Company or the Trustee
from giving effect to any written certification, proxy or other authorization furnished by the Depositary or such nominee, as the case may be, or impair, as between the Depositary, its Agent Members and any other Person on whose behalf an Agent
Member may act, the operation of customary practices of such Persons governing the exercise of the rights of a holder of any Note. 

(vi) The Trustee shall have no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on
transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among Agent Members or Beneficial Owners in any Global Note) other than to require delivery of
such certificates and other documentation or evidence as are expressly required by, and to do so as and when expressly required by, the terms or this Indenture, and to examine the same to determine substantial compliance as to form with the express
requirements hereof. 
 (g) Euroclear and Clearstream Procedures Applicable. The provisions of the “Operating Procedures of the
Euroclear System” and “Terms and Conditions Governing Use of Euroclear” and the equivalent procedures of Clearstream shall be applicable to transfers of beneficial interests in Global Notes that are held by Participants through
Euroclear or Clearstream. 
 Section 2.13 CUSIP, Common Code and ISIN Numbers. The Company in issuing the Notes may use one or
more “CUSIP” and “ISIN” numbers (if then generally in use), and, if so, the Trustee shall use “CUSIP” and “ISIN” numbers in notices of purchase as a convenience to Holders; provided that any such notice
may state that no representation is made as to the correctness of such numbers either as printed on the Notes or as contained in any notice of a purchase and that reliance may be placed only on the other identification numbers printed on the Notes,
and any such purchase shall not be affected by any defect in or omission of such numbers. The Company will promptly notify the Trustee of any change in the “CUSIP” and “ISIN” numbers applicable to the Notes. 

ARTICLE 3 
 REDEMPTION AND
PURCHASES 
 Section 3.1 Right to Redeem. The Company, at its option, may redeem the Notes in accordance with the provisions of
Sections 3.7 and 3.8(g) hereof. 
 If the Company elects to redeem the Notes, it shall notify the Trustee at least 15 days prior to the
Redemption Date (unless a shorter notice period shall be satisfactory to the Trustee) of the Redemption Date, the aggregate principal amount of the Notes to be redeemed and the Section of this Indenture pursuant to which such Notes are being
redeemed. 

  
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 Section 3.2 Selection of Notes to Be Redeemed. The Company will give not less
than 10 days’ nor more than 60 days’ notice of any redemption. If the Company elects to redeem less than all of the outstanding Notes, the Notes will be selected for redemption as follows: 

(i) in accordance with the procedures of The Depository Trust Company and in compliance with the requirements of the applicable
stock exchange to the extent the Notes are held in the form of Global Notes; or 
 (ii) on a pro rata basis, by lot or
by such method as the Trustee deems fair and appropriate to the extent the Notes are held in the form of Definitive Notes. 
 In the event
of a partial redemption by lot, the particular Notes to be redeemed will be selected, unless otherwise provided herein, not less than 10 nor more than 60 days prior to the Redemption Date from the outstanding Notes not previously called for
redemption. 
 The Notes and portions of the Notes selected for redemption will be in amounts of $1,000 or whole multiples of $1,000 except
that if all of the Notes of a Holder are to be redeemed, the entire outstanding amount of Notes held by such Holder, even if not a multiple of $1,000, shall be redeemed. Except as provided in the preceding sentence, provisions of this Indenture that
apply to Notes called for redemption also apply to portions of Notes called for redemption. 
 Section 3.3 Notice of Redemption.
At least 10 days but not more than 60 days before a Redemption Date, the Company shall send, or shall cause to be sent, a notice of redemption by first-class mail (postage prepaid) or otherwise transmit in accordance with applicable procedures of
DTC to the Trustee and to each Holder of Notes to be redeemed. 
 The notice shall identify the Notes to be redeemed and shall state: 

 

	 	•	 	 the aggregate principal amount of the Notes to be redeemed; 

 

	 	•	 	 the Redemption Date (which shall be a Business Day); 

 

	 	•	 	 the redemption price; 

  

	 	•	 	 the name and address of the Paying Agent; 

 

	 	•	 	 that Notes called for redemption must be surrendered to the Paying Agent to collect the redemption price;

  

	 	•	 	 if fewer than all the outstanding Notes are to be redeemed, the certificate numbers, if any, and principal
amounts of the particular Notes to be redeemed; 

  

	 	•	 	 that, unless the Company defaults in the deposit of the redemption price, interest on Notes called for redemption
will cease to accrue on and after the Redemption Date; 

  

	 	•	 	 the Section of this Indenture pursuant to which the Notes are being redeemed; 

 

	 	•	 	 the CUSIP numbers of the Notes; and 

 

	 	•	 	 any conditions precedent to such redemption. 

  
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 At the Company’s request, the Trustee shall give the notice of redemption in the Company’s name
and at the Company’s expense, provided, that the Company makes such request at least three Business Days prior to the date by which such notice of redemption must be given to Holders in accordance with this Section 3.3. Redemption
notices may be given more than 60 days prior to a Redemption Date if the notice is issued in connection with a defeasance of the Notes pursuant to Sections 8.3 or 8.4 or a satisfaction and discharge of this Indenture with respect to the Notes
pursuant to Section 8.1. If a redemption is subject to satisfaction of one or more conditions precedent, the applicable redemption notice shall describe such condition, and if applicable, shall state that, in the Company’s discretion, the
Redemption Date may be delayed until such time as any or all such conditions shall be satisfied, without the requirement of an additional notice period to the Holders, or such redemption may not occur and such notice may be rescinded in the event
that any or all such conditions shall not have been satisfied by the Redemption Date, or by the Redemption Date as so delayed. The Trustee shall have no responsibility for calculating the redemption price. 

Section 3.4 Effect of Notice of Redemption. Once notice of redemption is given and any conditions set forth therein have been
satisfied, Notes called for redemption become due and payable on the Redemption Date and at the redemption price stated in the notice. Upon surrender to the Paying Agent, such Notes shall be paid at the redemption price stated in the notice. 

On and after the Redemption Date, unless the Company defaults in the deposit of the redemption price and subject to satisfaction of any
conditions precedent, interest will cease to accrue on the Notes or any portion of the Notes called for redemption, and all other rights of the Holder will terminate other than the right to receive the redemption price, without interest from the
Redemption Date, on surrender of the Notes. 
 Section 3.5 Deposit of Redemption Price. Prior to 11:00 a.m. (New York City time)
on the Redemption Date, the Company shall deposit with the Paying Agent (or the Trustee) money sufficient to pay the redemption price (as calculated by the Company) on all Notes to be redeemed on that date. 

Section 3.6 Notes Redeemed in Part. Upon surrender of a Note that is redeemed in part, the Company shall execute and the Trustee
shall authenticate and deliver to the Holder, without service charge, a new Note in an authorized denomination equal in principal amount to, and in exchange for, the unredeemed portion of the Note surrendered. 

Section 3.7 Optional Redemption. 

(a) At any time and from time to time, the Company may redeem the Notes in whole or in part, at a redemption price equal to the principal
amount of the Notes redeemed plus the Applicable Premium plus accrued and unpaid interest to, but not including, the date of redemption. The Company shall calculate the redemption price, including any Applicable Premium. 

(b) Notwithstanding anything to the contrary, each redemption or distribution in respect of the principal amount of the Notes after
acceleration thereof under Section 6.2 hereof (including automatically pursuant to Section 6.2 hereof), shall be accompanied by, and there shall become due and payable automatically upon acceleration, a payment premium payable in cash on
the principal amount so redeemed or distributed or on the principal amount that has become or is declared accelerated, in an amount equal to the Redemption Price Premium, calculated on the aggregate principal amount of the Notes so redeemed,
distributed or accelerated, together with all accrued and unpaid interest on such Notes. 
 (c) In connection with any optional redemption
of the Notes, any such redemption may, at the Company’s discretion, be subject to one or more conditions precedent. If a redemption is subject to satisfaction of one or more conditions precedent, the applicable redemption notice shall describe
such condition, and if applicable, shall state that, in the Company’s discretion, the redemption date may be delayed until such time as any or all such conditions shall be satisfied, without the requirement of an additional notice period to the
Holders, or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied by the Redemption Date, or by the Redemption Date as so delayed. 

  
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 (d) If the Company or any Note Guarantor becomes obligated to pay, on the next date on which
any amount will be payable with respect to the Notes, any Additional Amounts as a result of (i) any amendment to, or change in, the laws or regulations of a Relevant Taxing Jurisdiction (as defined in Section 4.21 herein), which amendment
or change is publicly announced and becomes effective after August 30, 2022 (or, if the applicable Relevant Taxing Jurisdiction became a Relevant Taxing Jurisdiction on a date after August 30, 2022, after such later date) or (ii) any
amendment to, or change in, an official written interpretation or application of such laws or regulations (including by virtue of a holding by a court of competent jurisdiction) which amendment or change is publicly announced and becomes effective
after August 30, 2022 (or, if the applicable Relevant Taxing Jurisdiction became a Relevant Taxing Jurisdiction on a date after August 30, 2022, after such later date) (each of the foregoing clauses (i) and (ii), a “Change in
Tax Law”) and the Company or the applicable Note Guarantor cannot avoid any such payment obligation by taking reasonable measures available to it (including making payment through a paying agent located in another jurisdiction, but not
including the substitution of an obligor if the Company would be required to pay Additional Amounts), the Company may, at its option, redeem the Notes then outstanding, in whole but not in part, at a redemption price equal to 100% of the principal
amount thereof, plus accrued and unpaid interest, if any, to, but not including, the redemption date (subject to the right of Holders of record on the relevant record date to receive interest due on the relevant interest payment date),
provided, however, that if such right to redeem is triggered by the obligation of a Note Guarantor to pay Additional Amounts, such right to redeem will apply only if the payment giving rise to such obligation cannot be made by the
Company or another Note Guarantor without the obligation to pay Additional Amounts. Notice of the Company’s intent to redeem the Notes shall not be given until the Company delivers to the Trustee an opinion of tax counsel to the effect that
there has been such Change in Tax Law which would entitle the Company to redeem the Notes hereunder and an Officer’s Certificate to the effect that the Company or the applicable Note Guarantor cannot avoid its obligation to pay Additional
Amounts by taking reasonable measures available to it. The foregoing provisions shall apply mutatis mutandis to any successor Person to the Company or the applicable Note Guarantor, after such successor Person becomes a party to this
Indenture, with respect to a Change in Tax Law that is publicly announced and becomes effective after such successor Person becomes a party to this Indenture. 

(e) Any redemption pursuant to this Section 3.7 shall be made pursuant to the provisions of Sections 3.1 through 3.6 hereof. 

(f) In connection with any redemption under this Section 3.7, the Company shall deliver to the Trustee an Officer’s Certificate and
Opinion of Counsel to the effect that all conditions precedent in this Indenture to the redemption have been complied with. 

Section 3.8 Purchase of Notes at Option of the Holder Upon Change of Control. 

(a) If at any time that Notes remain outstanding there shall occur a Change of Control, the Notes shall be purchased by the Company at the
option of the Holders, as of the Change of Control Purchase Date, at a purchase price equal to 101% of the principal amount of the Notes, together with accrued and unpaid interest, including interest on any unpaid overdue interest, if any, to, but
excluding, the Change of Control Purchase Date (the “Change of Control Purchase Price”), subject to satisfaction by or on behalf of any Holder of the requirements set forth in subsection (c) of this Section 3.8. 

(b) Within 30 days after the occurrence of a Change of Control with respect to the Notes, the Company shall transmit a written notice
(“Company Notice”) of the Change of Control to the Trustee and to each Holder of Notes (and to Beneficial Owners as required by applicable law) pursuant to which the Company shall make an offer (a “Change of Control
Offer”) to each Holder to repurchase all or any part (equal to $1,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at the Change of Control Purchase Price. The notice shall include the form of a Change of
Control Purchase Notice to be completed by the Holder, shall describe the transaction or transactions that constitute the Change of Control and shall state: 

(i) that the Change of Control Offer is being made pursuant to this Section 3.8 and that all Notes tendered will be
accepted for payment; 
 (ii) the date by which the Change of Control Purchase Notice pursuant to this Section 3.8 must
be given; 

  
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 (iii) the purchase date, which date shall be no earlier than 30 days and no
later than 60 days after the date the Company Notice is mailed (the “Change of Control Purchase Date”); 

(iv) the Change of Control Purchase Price; 

(v) the Holder’s right to require the Company to purchase the Notes; 

(vi) the name and address of the Paying Agent; 

(vii) that, unless the Company defaults in making such payment, any Note accepted for payment pursuant to the Change of Control
Offer will cease to accrue interest after the Change of Control Purchase Date; 
 (viii) the procedures that the Holder must
follow to exercise rights under this Section 3.8; and 
 (ix) the procedures for withdrawing a Change of Control
Purchase Notice, including a form of notice of withdrawal. 
 If any of the Notes is in the form of a Global Note, then the Company shall
modify such notice to the extent necessary to accord with the procedures of the Depositary applicable to the repurchase of Global Notes. 

(c) A Holder may exercise its rights specified in subsection (a) of this Section 3.8 upon delivery of a written notice (which shall
be in substantially the form included in Exhibit A hereto, as applicable, and which may be delivered by letter, overnight courier, hand delivery, facsimile transmission or in any other written form and, in the case of
Global Notes, may be delivered electronically or by other means in accordance with the Depositary’s customary procedures) of the exercise of such rights (a “Change of Control Purchase Notice”) to any Paying Agent at any time
prior to the close of business on the Business Day next preceding the Change of Control Purchase Date. 
 The delivery of such Note to any
Paying Agent (together with all necessary endorsements) at the office of such Paying Agent shall be a condition to the receipt by the Holder of the Change of Control Purchase Price therefor. 

The Company shall purchase from the Holder thereof, pursuant to this Section 3.8, a portion of a Note if the principal amount of such
portion is $1,000 or an integral multiple of $1,000 in excess thereof. Provisions of this Indenture that apply to the purchase of all of a Note pursuant to Sections 3.8 through 3.13 also apply to the purchase of such portion of such Note. 

Notwithstanding anything herein to the contrary, any Holder delivering to a Paying Agent the Change of Control Purchase Notice contemplated by
this subsection (c) shall have the right to withdraw such Change of Control Purchase Notice in whole or in a portion thereof that is a principal amount of $1,000 or an integral multiple of $1,000 in excess thereof at any time prior to the close
of business on the Business Day next preceding the Change of Control Purchase Date by delivery of a written notice of withdrawal to the Paying Agent in accordance with Section 3.9 hereof. 

A Paying Agent shall promptly notify the Company of the receipt by it of any Change of Control Purchase Notice or written withdrawal thereof.

 Anything herein to the contrary notwithstanding, in the case of Global Notes, any Change of Control Purchase Notice may be delivered or
withdrawn and such Notes may be surrendered or delivered for purchase in accordance with the Applicable Procedures as in effect from time to time. 

  
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 (d) The Company will not be required to make a Change of Control Offer upon a Change of
Control with respect to the Notes if (1) a third party makes the Change of Control Offer with respect to the Notes in the manner, at the times and otherwise in compliance with the requirements applicable to a Change of Control Offer made by the
Company set forth in subsection (b) of this Section 3.8 and purchases all Notes properly tendered and not withdrawn under the Change of Control Offer, (2) notice of redemption with respect to the Notes has been given pursuant to
Sections 3.1 or 3.7 hereof, unless and until there is a default in payment of the applicable redemption price, or (3) after giving effect to such Change of Control, (i) no Default or Event of Default has occurred and is continuing,
(ii) the Change of Control transaction has been approved by the Board of Directors of the Company, and (iii) the Notes have received an Investment Grade Rating. In addition, a Change of Control Offer may be made in advance of a Change of
Control, conditional upon such Change of Control, if a definitive agreement is in place for the Change of Control at the time of launching the Change of Control Offer. 

(e) The Company will publicly announce the results of the Change of Control Offer on or as soon as practicable after the Change of Control
Purchase Date. 
 (f) The provisions under this Indenture relative to the Company’s obligation to make an offer to repurchase the Notes
as a result of a Change of Control (including any required notice period) may be waived or modified with respect to the Notes with the written consent of the Holders of a majority in principal amount of the Notes, including after the entry into an
agreement that would result in the need to make a Change of Control Offer. 
 (g) In the event that Holders of not less than 90% in
aggregate principal amount of the outstanding Notes validly tender and do not withdraw such Notes in a Change of Control Offer and the Company purchases all of the Notes validly tendered and not withdrawn by such Holders, within 60 days of such
purchase, the Company will have the right, upon not less than 10 days’ nor more than 60 days’ prior notice, to redeem all of the Notes that remain outstanding following such purchase at a redemption price in cash equal to 101% of the
principal amount thereof plus accrued and unpaid interest on the Notes to, but excluding, the date of redemption. Any redemption pursuant to this Section 3.8(g) shall be made pursuant to the provisions of Sections 3.1 through 3.6 hereof. 

Section 3.9 Effect of Change of Control Purchase Notice. Upon receipt by any Paying Agent of the Change of Control Purchase Notice
specified in Section 3.8(c) hereof, the Holder of the Note in respect of which such change of Control Purchase Notice was given shall (unless such Change of Control Purchase Notice is withdrawn as specified below) thereafter be entitled to
receive the Change of Control Purchase Price with respect to such Note. Such Change of Control Purchase Price shall be paid to such Holder promptly following the later of (a) the Change of Control Purchase Date with respect to such Note
(provided the conditions in Section 3.8(c) hereof have been satisfied) and (b) the time of delivery of such Note to a Paying Agent by the Holder thereof in the manner required by Section 3.8(c) hereof. 

A Change of Control Purchase Notice may be withdrawn by means of a written notice (which may be delivered by mail, overnight courier, hand
delivery, facsimile transmission or in any other written form and, in the case of Global Notes, may be delivered electronically or by other means in accordance with the Depositary’s customary procedures) of withdrawal delivered by the Holder to
a Paying Agent at any time prior to the close of business on the Business Day immediately preceding the Change of Control Purchase Date, specifying the principal amount of the Note or portion thereof (which must be a principal amount of $1,000 or an
integral multiple of $1,000 in excess thereof) with respect to which such notice of withdrawal is being submitted. 
 Section 3.10
Deposit of Change of Control Purchase Price. Prior to 11:00 a.m., New York City time on the Change of Control Purchase Date, the Company shall deposit with the Trustee or with a Paying Agent (other than the Company or an Affiliate of the
Company) an amount of money (in immediately available funds if deposited on such Change of Control Purchase Date) sufficient to pay the aggregate Change of Control Purchase Price of all the Notes or portions thereof that are to be purchased as of
such Change of Control Purchase Date. The manner in which the deposit required by this Section 3.10 is made by the Company shall be at the option of the Company, provided that such deposit shall be made in a manner such that the Trustee
or a Paying Agent shall have immediately available funds on the Change of Control Purchase Date. 
 If a Paying Agent holds, in accordance
with the terms hereof, money sufficient to pay the Change of Control Purchase Price of any Note for which a Change of Control Purchase Notice has been tendered and not withdrawn in accordance with this Indenture then, on the Change of Control
Purchase Date, interest will cease to accrue on such Notes or any portion of such Notes as to which a Change of Control Purchase Notice has been tendered and not withdrawn in accordance with this Indenture and all other rights of the Holder of such
Notes will terminate other than the right to receive the Change of Control Purchase Price, without interest from the Change of Control Purchase Date, on surrender of such Notes. 

  
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 Section 3.11 Notes Purchased in Part. Any Note that is to be purchased only in
part shall be surrendered at the office of a Paying Agent, and promptly after the Change of Control Purchase Date the Company shall execute and the Trustee shall authenticate and deliver to the Holder of such Note, without service charge, a new Note
or Notes, of such authorized denomination or denominations as may be requested by such Holder, in aggregate principal amount equal to, and in exchange for, the portion of the principal amount of the Note so surrendered that is not purchased. 

Section 3.12 Compliance with Securities Laws upon Purchase of Notes. In connection with any offer to purchase or purchase of Notes
under Section 3.8 hereof, the Company shall (a) comply with Rule 14e-1 (or any successor to such Rule), if applicable, under the Exchange Act, and (b) otherwise comply with all United States
federal and state securities laws and Canadian federal, provincial and territorial securities laws in connection with such offer to purchase or purchase of Notes, all so as to permit the rights of the Holders and obligations of the Company under
Sections 3.8 through 3.11 hereof to be exercised in the time and in the manner specified therein. To the extent that the provisions of any securities laws or regulations conflict with the Change of Control provisions of this Article 3, the Company
will comply with the applicable securities laws and regulations and will not be deemed to have breached its obligations under this Article 3 by virtue of such conflict. 

Section 3.13 Repayment to the Company. To the extent that the aggregate amount of cash deposited by the Company pursuant to
Section 3.10 with respect to any Notes hereof exceeds the aggregate Change of Control Purchase Price (including interest thereon) of the Notes or portions thereof that the Company is obligated to purchase, then promptly after the Change of
Control Purchase Date, and upon request, the Trustee or a Paying Agent, as the case may be, shall return any such excess cash to the Company. 

Section 3.14 Offer to Purchase by Application of Excess Proceeds. In the event that, pursuant to Section 4.14 hereof, the
Company is required to commence an offer to all Holders to purchase Notes (“Asset Sale Offer”), it shall follow the procedures specified below. 

The Asset Sale Offer shall be made to all Holders of Notes and all holders of other Pari Passu Indebtedness containing provisions similar to
those set forth in this Indenture with respect to offers to purchase or redeem with the proceeds of sales of assets. The Asset Sale Offer shall remain open for a period of at least 20 Business Days following its commencement and not more than 30
Business Days, except to the extent that a longer period is required by applicable law (the “Offer Period”). No later than three Business Days after the termination of the Offer Period (the “Purchase Date”), the
Company shall apply a portion of the Excess Proceeds as calculated pursuant to Section 4.14 hereof (the “Offer Amount”) to the purchase of Notes and such other Pari Passu Indebtedness (on a pro rata basis, if applicable) or, if
less than the Offer Amount has been tendered, all of such Notes and other Pari Passu Indebtedness tendered in response to the Asset Sale Offer. Payment for any Notes so purchased shall be made in the same manner as interest payments are made. 

Upon the commencement of an Asset Sale Offer, the Company shall send, by first-class mail, a notice to the Trustee and each of the applicable
Holders. The notice will contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Asset Sale Offer. The notice, which will govern the terms of the Asset Sale Offer, will state: 

(1) that the Asset Sale Offer is being made pursuant to this Section 3.14 and Section 4.14 hereof and the length of
time the Asset Sale Offer will remain open; 
 (2) the Offer Amount, the purchase price and the Purchase Date; 

(3) that with respect to any Notes, any Note not tendered or accepted for payment will continue to accrue interest; 

  
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 (4) that, unless the Company defaults in making such payment, any Note
accepted for payment pursuant to the Asset Sale Offer shall cease to accrue interest after the Purchase Date; 
 (5) that,
with respect to any Notes, Holders electing to have a Note purchased pursuant to an Asset Sale Offer may elect to have such Notes purchased in a principal amount of $1,000 (or in integral multiples of $1,000 in excess thereof) only; 

(6) that Holders electing to have a Note purchased pursuant to any Asset Sale Offer shall be required to surrender the Note,
with the form entitled “Option of Holder to Elect Purchase” on the reverse of the Note completed, or transfer by book-entry transfer, to the Company, the Depositary, if appointed by the Company, or a Paying Agent at the address specified
in the notice at least three days before the Purchase Date; 
 (7) that Holders shall be entitled to withdraw their election
if the Company or the Paying Agent, as the case may be, receives, not later than the expiration of the Offer Period, a facsimile transmission or letter setting forth the name of the Holder, the principal amount of the Note the Holder delivered for
purchase and a statement that such Holder is withdrawing his election to have such Note purchased; 
 (8) that, if the
aggregate principal amount of any Notes and other Pari Passu Indebtedness surrendered in connection with the Asset Sale Offer exceeds the Offer Amount, the Company shall select Notes and other Pari Passu Indebtedness to be purchased on a pro rata
basis based on the principal amount of Notes and such other Pari Passu Indebtedness surrendered (with such adjustments as may be deemed appropriate by the Company so that only such Notes in denominations of $1,000 (or integral multiples of $1,000 in
excess thereof), will be purchased); and 
 (9) that Holders of any Notes whose Notes were purchased only in part will be
issued new Notes equal in principal amount to the unpurchased portion of such Notes surrendered (or transferred by book-entry transfer). 

On or before the Purchase Date, the Company shall, to the extent lawful, accept for payment, on a pro rata basis to the extent necessary, the
Offer Amount of the applicable Notes or portions thereof tendered pursuant to the Asset Sale Offer, or if less than the Offer Amount has been tendered, all such Notes tendered, and shall deliver to the Trustee an Officer’s Certificate stating
that such Notes or portions thereof were accepted for payment by the Company in accordance with the terms of this Section 3.14. The Company, the Depositary or the Paying Agent, as the case may be, shall promptly (but in any case not later than
five days after the Purchase Date) mail or deliver to each tendering Holder an amount equal to the purchase price of Notes tendered by such Holder and accepted by the Company for purchase, and the Company shall promptly issue a new Note, and the
Trustee, upon written request from the Company, shall authenticate and mail or deliver such new Note to such Holder, in a principal amount equal to any unpurchased portion of the Note surrendered. Any Note not so accepted shall be promptly mailed or
delivered by the Company to the Holder thereof. The Company shall publicly announce the results of the Asset Sale Offer on or as soon as practicable after the Purchase Date. 

Other than as specifically provided in this Section 3.14, any purchase pursuant to this Section 3.14 shall be made pursuant to the
provisions of Sections 3.1 through 3.6 hereof. 
 ARTICLE 4 

COVENANTS 
 Section 4.1
Payment of Notes. The Company shall promptly make all payments in respect of the Notes on the dates and in the manner provided in the Notes and this Indenture. An installment of principal or interest shall be considered paid on the date it is
due if the Paying Agent (other than the Company) holds by 11:00 a.m., New York City time, on that date money, deposited by the Company or an Affiliate thereof, sufficient to pay the installment. Except in the case of a redemption, a Change of
Control Offer or an Asset Sale Offer, accrued and 

  
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unpaid interest on any Note that is payable, and is punctually paid or duly provided for, on any interest payment date shall be paid to the Person in whose name that Note is registered at the
close of business on the record date for such interest at the office or agency of the Company maintained for such purpose. The Company shall (in immediately available funds), to the fullest extent permitted by law, pay interest on overdue principal
(including premium, if any) and overdue installments of interest from the original due date to the date paid, at the rate applicable to the Note, which interest shall be payable on demand. 

The Company will make payments in respect of the Notes represented by the Global Notes (including principal, premium, if any, and interest) by
wire transfer of immediately available funds to the accounts specified by the Holder of the Global Note. The Company will make all payments of principal, interest and premium, if any, with respect to Definitive Notes by wire transfer of immediately
available funds to the accounts specified by the Holders of the Definitive Notes, in the case of a Holder holding an aggregate principal amount of Notes of $1,000,000 or more, or, if no such account is specified or in the case of a Holder holding an
aggregate principal amount of Notes of less than $1,000,000, by mailing a check to each such Holder’s registered address. All payments shall be made in immediately available funds in U.S. dollars. Payments to any Holder holding an aggregate
principal amount of Notes in excess of $1,000,000 shall be made by wire transfer in immediately available funds to an account maintained by such Holder in the United States, if such Holder has provided wire transfer instructions to the Company at
least 10 Business Days prior to the payment date. Any wire transfer instructions received by the Trustee will remain in effect until revoked by the Holder. 

Section 4.2 Maintenance of Office or Agency. 

(a) The Company shall maintain in the United States of America, an office or agency (which may be an office of the Trustee or an affiliate of
the Trustee, Registrar or co registrar) where Notes may be surrendered for payment, registration of transfer or for exchange and where notices and demands to or upon the Company in respect of the Notes and this Indenture may be served. The Company
shall give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with
the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee. 

(b) The Company may also from time to time designate one or more other offices or agencies where the Notes may be presented or surrendered for
any or all such purposes and may from time to time rescind such designations; provided, however, that no such designation or rescission shall in any manner relieve the Company of its obligation to maintain an office or agency in the
United States of America, for such purposes. The Company shall give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency. 

(c) The Company hereby designates the offices of the Trustee set forth in Section 2.3 hereof as one such office or agency of the Company.

 Section 4.3 Reports. 

(a) Whether or not required by the SEC’s rules and regulations, so long as any Notes are outstanding, the Company shall furnish (to the
extent not publicly available on the SEC’s EDGAR system) to the Trustee and the Holders of Notes and post on the Company’s website (in a format that is accessible to Holders of Notes as well as prospective Holders of Notes), within the
time periods specified in the SEC’s rules and regulations: 
 (i) all quarterly and annual reports that would be
required to be filed with the SEC on Forms 10-Q and 10-K if the Company were required to file such reports; and 

(ii) all current reports that would be required to be filed with the SEC on Form 8-K if
the Company were required to file such reports. 

  
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 All such reports shall be prepared in all material respects in accordance with all of the
rules and regulations applicable to such reports (other than consolidating financial information required by Rule 3-10 or 3-16 of Regulation S-X or any comparable provision so long as the Company complies with Section 4.3(d)). Each annual report on Form 10-K shall include a report on the Company’s
consolidated financial statements by the Company’s independent registered public accountants. In addition, the Company shall file a copy of each of the reports referred to in clauses (i) and (ii) above with the SEC for public availability
within the time periods specified in the rules and regulations applicable to such reports (unless the SEC will not accept such a filing or the Company is no longer subject to the periodic reporting requirements of the Exchange Act for any reason)
and make such information available to securities analysts and prospective investors upon request. 
 (b) If, at any time, the Company is no
longer subject to the periodic reporting requirements of the Exchange Act for any reason, and regardless of whether it continues to file reports with the SEC, the Company shall nevertheless continue making the reports specified in
Section 4.3(a) hereof available to the Holders of the Notes, prospective investors and securities analysts by posting such information on its website. While the Company remains subject to the periodic reporting requirements of the Exchange Act,
the Company agrees that it shall not take any action for the purpose of causing the SEC not to accept any such filings. If, notwithstanding the foregoing, the SEC will not accept the Company’s filings for any reason, the Company shall post the
reports referred to in Section 4.3(a) hereof on its website within the time periods that would apply if the Company were required to file those reports with the SEC. 

(c) The Company further agrees that, for so long as any Notes remain outstanding, at any time it is not required to file the reports required
by Section 4.3(a) or (b) hereof with the SEC, it shall furnish to the Holders and to securities analysts and prospective investors, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4) under the
Securities Act. 
 (d) The quarterly and annual financial information required by Sections 4.3(a) and (b) hereof shall include a
reasonably detailed presentation, either on the face of the financial statements, in the footnotes of the financial statements or in Management’s Discussion and Analysis of Financial Condition and Results of Operations that discloses the total
assets, liabilities, revenues and income from operations of Subsidiaries of the Company that do not Guarantee the Notes. The Trustee shall not be responsible for determining whether this clause 4.3(d) has been satisfied, nor shall it have any
liability in connection therewith. 
 (e) Delivery of such reports, information and documents to the Trustee is for informational purposes
only and the Trustee’s receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants hereunder
(as to which the Trustee is entitled to rely exclusively on Officer’s Certificates). 
 (f) Notwithstanding anything herein to the
contrary, in the event that the Company fails to comply with its obligation to file or provide such information, documents and reports as required by this Section 4.3, the Company will be deemed to have cured such Default with respect to the
Notes for purposes of Section 6.1(d) upon the filing or provision of all such information, documents and reports required hereunder prior to the expiration of 90 days after written notice to the Company of such failure from the Trustee or to
the Company and the Trustee from the Holders of at least 25% of the principal amount of the Notes. 
 Section 4.4 Compliance
Certificates. The Company shall deliver to the Trustee, within 90 days after the end of each fiscal year of the Company (beginning with the fiscal year ending December 31, 2022), an Officer’s Certificate as to the signer’s
knowledge of the Company’s compliance with all conditions and covenants on their part contained in this Indenture and stating whether or not the signer knows of any Default or Event of Default. If such signer knows of such a Default or Event of
Default, the Officer’s Certificate shall describe the Default or Event of Default and the efforts to remedy the same. For the purposes of this Section 4.4, compliance shall be determined without regard to any grace period or requirement of
notice provided pursuant to the terms of this Indenture. 
 Section 4.5 Further Instruments and Acts. Upon request of the
Trustee, the Company will execute and deliver such further instruments and do such further acts as may be reasonably necessary or proper to carry out more effectively the purposes of this Indenture. 

  
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 Section 4.6 Maintenance of Corporate Existence. Subject to Article 5 hereof, the
Company will do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence and the corporate existence of each Restricted Subsidiary; provided, however, that the Company shall not be
required to preserve the corporate existence of any Restricted Subsidiary if (a) the Board of Directors or management of the Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the
Company and the Restricted Subsidiaries, taken as a whole, and that the loss thereof is not adverse in any material respect to the Holders of the Notes, (b) if a Subsidiary is to be dissolved or merged or consolidated in compliance with this
Indenture or (c) such Subsidiary has no assets. 
 Section 4.7 Changes in Covenants When Notes Rated Investment Grade. In
the event of the occurrence of a Fall Away Event with respect to the Notes (and notwithstanding the failure of the Company subsequently to maintain an Investment Grade Rating with respect to such Notes), the provisions of Sections 4.8, 4.9, 4.12,
4.13, 4.14 and 4.18 hereof and clause (iv) of Section 5.1(a) hereof will no longer be applicable to the Notes. 
 Section 4.8
Restricted Payments. 
 (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or
indirectly: 
 (i) declare or pay any dividend or make any other payment or distribution on account of the Company’s or
any of its Restricted Subsidiaries’ Equity Interests (including, without limitation, any payment in connection with any merger or consolidation involving the Company or any of its Restricted Subsidiaries) or to the direct or indirect holders of
the Company’s or any of its Restricted Subsidiaries’ Equity Interests in their capacity as such (other than dividends or distributions payable in Equity Interests (other than Disqualified Stock) of the Company or to the Company or a
Restricted Subsidiary of the Company); 
 (ii) purchase, redeem or otherwise acquire or retire for value (including, without
limitation, in connection with any merger or consolidation involving the Company) any Equity Interests of the Company or any direct or indirect parent of the Company; 

(iii) purchase, redeem, defease or otherwise acquire or retire for value, prior to scheduled maturity, scheduled repayment or
scheduled sinking fund payment, any Indebtedness of the Company or any Note Guarantor that is contractually subordinated in right of payment to the Notes or a Note Guarantee, except (i) from the Company or a Restricted Subsidiary of the Company
or (ii) the purchase, redemption, defeasance or other acquisition or retirement of any such Indebtedness made in anticipation of satisfying a sinking fund obligation, principal installment or final maturity, in each case due within one year of
the date of such purchase, redemption, defeasance or other acquisition or retirement; or 
 (iv) make any Restricted
Investment 
 (all such payments and other actions set forth in clauses (i) through (iv) above being collectively referred to as “Restricted
Payments”), unless, at the time of and after giving effect to such Restricted Payment: 
 (1) no Default or Event of
Default has occurred and is continuing or would occur as a consequence of such Restricted Payment; 
 (2) the Company would,
at the time of such Restricted Payment and after giving pro forma effect thereto as if such Restricted Payment had been made at the beginning of the applicable four-quarter period, have been permitted to incur at least $1.00 of additional
Indebtedness pursuant to the Fixed Charge Coverage Ratio test or Total Leverage Ratio test set forth in Section 4.9(a) hereof; and 

(3) such Restricted Payment, together with the aggregate amount of all other Restricted Payments made by the Company and its
Restricted Subsidiaries after January 30, 2015 (excluding Restricted Payments permitted by clauses (ii) through (ix), (xi), (xii), (xiii) and (xiv) of Section 4.8(b)), is less than the sum, without duplication, of: 

  
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 (A) an amount (which shall not be less than zero) equal to 50% of the
Consolidated Net Income of the Company for the period (taken as one accounting period) from October 1, 2014 to the end of the Company’s most recently ended fiscal quarter for which internal financial statements are available at the time of
such Restricted Payment, plus 
 (B) 100% of the aggregate net cash proceeds (or the fair market value of assets)
received by the Company since January 30, 2015 as a contribution to its common equity capital or from the issue or sale of Equity Interests of the Company (other than Excluded Contributions or Disqualified Stock) or from the issue or sale of
convertible or exchangeable Disqualified Stock or convertible or exchangeable debt securities of the Company that have been converted into or exchanged for such Equity Interests (other than Equity Interests (or Disqualified Stock or debt securities)
sold to a Subsidiary of the Company), plus 
 (C) to the extent that any Restricted Investment that was made after
January 30, 2015 is sold for cash or otherwise liquidated or repaid for cash, the lesser of (i) the cash return of capital with respect to such Restricted Investment (less the cost of disposition, if any) or (ii) the initial amount of
such Restricted Investment, plus 
 (D) to the extent that any Unrestricted Subsidiary of the Company is redesignated
as a Restricted Subsidiary after January 30, 2015, the lesser of (i) the Fair Market Value of the Company’s Investment in such Subsidiary as of the date of such redesignation or (ii) such Fair Market Value as of the date on which
such Subsidiary was originally designated as an Unrestricted Subsidiary, plus 
 (E) $3.7 billion, plus

 (F) Declined Asset Sale Proceeds or Retained Asset Sale Proceeds. 

(b) The preceding provisions shall not prohibit: 

(i) the payment of any dividend within 60 days after the date of declaration of the dividend, if at the date of declaration the
dividend payment would have complied with the provisions of this Indenture (it being understood that the amount of any such dividend shall be included in the aggregate amount of Restricted Payments determined in Section 4.8(a)(3) only once and
not as separate Restricted Payments made at both declaration and payment); 
 (ii) any Restricted Payment made in exchange
for, or in an amount equal to the net cash proceeds of, the substantially concurrent sale (other than to the Company or a Restricted Subsidiary of the Company) of, Equity Interests of the Company (other than Disqualified Stock); provided,
that an amount equal to such Restricted Payment will be excluded from clause (3)(B) of Section 4.8(a) hereof; 
 (iii)
the defeasance, redemption, repurchase or other acquisition or retirement of subordinated Indebtedness of the Company or any Note Guarantor with the net cash proceeds from, or in exchange for, an incurrence of Permitted Refinancing Indebtedness;

 (iv) the payment of any dividend or any other payment or distribution by a Restricted Subsidiary of the Company to the
holders of its Equity Interests of any class on a pro rata basis to the holders of such class; 
 (v) so long as no Default
or Event of Default has occurred and is continuing, the repurchase, redemption or other acquisition or retirement for value of Equity Interests of the Company or any Restricted Subsidiary of the Company held by any present or former employee,
director, officer or consultant of, or service provider to, the Company or any of its Restricted Subsidiaries pursuant to any management equity plan or stock option plan or any other management or employee benefit plan or agreement (including, for
the avoidance of doubt, any principal and interest payable on any notes issued by 

  
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the Company in connection with any such repurchase, retirement or other acquisition), or any stock subscription or shareholder agreement; provided that the aggregate amount of Restricted
Payments made under this clause (v) shall not exceed in any calendar year $25.0 million (with unused amounts for any year being carried over to the next succeeding year, but not to any subsequent year, with the permitted amount for each
year being used prior to any amount carried over from the previous year); provided further that such amount in any calendar year may be increased by an amount not to exceed: 

(i) the cash proceeds of key man life insurance policies received by the Company or its Restricted Subsidiaries after the Issue
Date; less 
 (ii) the amount of any Restricted Payments previously made with the cash proceeds described in subclause
(i) of this clause (v); 
 (vi) payments to holders of Equity Interests (or to the holders of Indebtedness that is
convertible into or exchangeable for Equity Interests upon such conversion or exchange) in lieu of the issuance of fractional shares; 

(vii) repurchases of Equity Interests deemed to occur in connection with the exercise or vesting of stock options or similar
instruments to the extent necessary to pay withholding or similar taxes related to such exercise or vesting of stock options or similar instruments; 

(viii) the making of additional Restricted Payments in an amount not to exceed the portion, if any, of the Excluded
Contributions on such date that the Company elects to apply to this clause (viii) (plus, without duplication of amounts referred to in this clause (viii), in an amount equal to the Net Proceeds from a disposition of property or assets acquired after
the Issue Date, if the acquisition of such property or assets was financed with Excluded Contributions up to the amount of such Excluded Contributions); 

(ix) repurchases or retirement for value of Equity Interests deemed to occur upon exercise of stock options or warrants if such
Equity Interests represent a portion of the exercise price of such options or warrants; 
 (x) the repurchase, redemption or
other acquisition or retirement for value of any subordinated Indebtedness or Disqualified Stock pursuant to provisions similar to those described under Section 3.8 and Section 4.14; provided that, prior thereto, all Notes tendered
by Holders in connection with a Change of Control Offer or Asset Sale Offer, as applicable, have been repurchased, redeemed or acquired for value; 

(xi) so long as no Default or Event of Default has occurred and is continuing, the declaration and payment of dividends to
holders of any class or series of Disqualified Stock of the Company or its Restricted Subsidiaries issued in accordance with Section 4.9; 

(xii) so long as no Default or Event of Default has occurred and is continuing, other Restricted Payments; provided,
however, that if the Total Leverage Ratio as of the date of any Restricted Payment to be made pursuant to this clause (xii) is greater than or equal to 5.0 to 1.0, such Restricted Payment shall be permitted to be made pursuant to this
clause (xii) only if the amount of such Restricted Payment, when taken together with the amount of all other Restricted Payments previously made pursuant to this clause (xii) when the Total Leverage Ratio was greater than or equal to 5.0
to 1.0, does not exceed the greater of (x) $750.0 million and (y) 2.5% of Consolidated Total Assets in the aggregate; 

(xiii) the distribution, as a dividend or otherwise, of shares of Capital Stock of, or Indebtedness owed to the Company or a
Restricted Subsidiary by, Unrestricted Subsidiaries; and 
 (xiv) any payments or deliveries in connection with (a) a
Permitted Bond Hedge Transaction or (b) Permitted Warrant Transaction or Packaged Rights (i) by delivery of shares of the Company’s Equity Interests (other than Disqualified Stock) or (ii) otherwise, to the extent of a payment or
delivery received from a Permitted Bond Hedge Transaction (whether such payment or delivery on the Permitted Warrant Transaction is effected by netting, set-off or otherwise). 

  
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 (c) The amount of all Restricted Payments (other than cash) shall be the Fair Market Value
(determined, for purposes of this Section 4.8, by the Company or, in the case of any asset(s) valued in excess of $750.0 million, by the Board of Directors of the Company) on the date of the Restricted Payment of the asset(s) or securities
proposed to be transferred or issued by the Company or such Restricted Subsidiary, as the case may be, pursuant to the Restricted Payment. For purposes of determining compliance with this Section 4.8, in the event that a Restricted Payment
meets the criteria of more than one of the categories described in clauses (i) through (xiv) of clause (b) of this Section 4.8, including Section 4.8(a) or the definition of “Permitted Investment,” the Company will be
permitted to classify such Restricted Payment and later reclassify all or a portion of such Restricted Payment in any manner that complies with this Section 4.8. In addition, a Restricted Payment need not be permitted solely by reference to one
provision permitting such Restricted Payment but may be permitted in part by one such provision and in part by one or more other provisions of this Section 4.8 permitting such Restricted Payment. 

Section 4.9 Incurrence of Indebtedness and Issuance of Preferred Stock. 

(a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur, issue, assume,
guarantee or otherwise become directly or indirectly liable, contingently or otherwise (collectively, “incur”), with respect to any Indebtedness (including Acquired Debt), and the Company shall not issue any Disqualified Stock and
shall not permit any of its Restricted Subsidiaries to issue any Disqualified Stock or preferred stock; provided, however, that the Company or any Restricted Subsidiary may incur Indebtedness (including Acquired Debt) or issue
Disqualified Stock and any Restricted Subsidiary may issue preferred stock if (x) the Fixed Charge Coverage Ratio for the Company’s most recently ended four full fiscal quarters for which internal financial statements are available
immediately preceding the date on which such additional Indebtedness is incurred or such Disqualified Stock or preferred stock is issued would have been at least 2.0 to 1.0, determined on a pro forma basis (including a pro forma application of the
net proceeds therefrom), as if the additional Indebtedness had been incurred or the Disqualified Stock or preferred stock had been issued, as the case may be, at the beginning of such four-quarter period or (y) the Total Leverage Ratio on the
date on which such additional Indebtedness is incurred or such Disqualified Stock or preferred stock is issued would have been no higher than 6.5 to 1.0, determined on a pro forma basis (including a pro forma application of the net proceeds
therefrom), giving effect to the incurrence of the additional Indebtedness, Disqualified Stock or preferred stock. 
 (b) Subsection
(a) of this Section 4.9 shall not prohibit the incurrence of any of the following items of Indebtedness (collectively, “Permitted Debt”): 

(i) the incurrence by the Company and its Restricted Subsidiaries of Indebtedness under Credit Facilities in an aggregate
principal amount at any one time outstanding under this clause (i) not to exceed (a) $1,250.0 million plus (b) the greater of (x) $1,500.0 million and (y) 39.0% of LTM Consolidated Cash Flow (measured at the time of such
incurrence); 
 (ii) the incurrence by the Company and its Restricted Subsidiaries of the Existing Indebtedness, including
the Existing Notes; 
 (iii) the incurrence by the Company and the Note Guarantors of Indebtedness represented by the Initial
Notes (including the Note Guarantees and any future Note Guarantees); 
 (iv) the incurrence by the Company or any of its
Restricted Subsidiaries of Indebtedness represented by Capital Lease Obligations, in an aggregate amount, including all Permitted Refinancing Indebtedness incurred to refund, refinance or replace any Indebtedness incurred pursuant to this clause
(iv), not to exceed the greater of (x) $275.0 million and (y) 1.0% of Consolidated Total Assets at any time outstanding; 

  
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 (v) mortgage financings or purchase money obligations, in each case,
incurred for the purpose of financing all or any part of the purchase price or cost of construction or improvement of property, plant or equipment used in the business of the Company or any Restricted Subsidiary of the Company, in an aggregate
principal amount, including all Permitted Refinancing Indebtedness incurred to refund, refinance or replace any Indebtedness incurred pursuant to this clause (v), not to exceed the greater of (x) $675.0 million and (y) 2.5% of Consolidated
Total Assets at any time outstanding; 
 (vi) the incurrence by the Company or any of its Restricted Subsidiaries of
Permitted Refinancing Indebtedness in exchange for, or the net proceeds of which are used to refund, refinance or replace, Indebtedness (other than intercompany Indebtedness) that was permitted by this Indenture to be incurred under
Section 4.9(a) hereof or clauses (ii), (iii), (xii), (xiv) or (xxi) of this Section 4.9(b) or this clause (vi) or, solely to the extent of the excess (if any) of the amount of Indebtedness incurred and outstanding under clause
(xx) of this Section 4.9(b) prior to the applicable refinancing over the maximum aggregate amount permitted to be incurred and outstanding under clause (xx) of this Section 4.9(b) at the time of such refinancing, clause
(xx) of this Section 4.9(b); 
 (vii) the incurrence by the Company or any of its Restricted Subsidiaries of
intercompany Indebtedness between or among the Company and any of its Restricted Subsidiaries; provided, however, that: 

(A) if the Company or a Note Guarantor is the obligor on such Indebtedness and the obligee is not the Company or another Note
Guarantor, such Indebtedness must be expressly subordinated (without regard to security interest) to the prior payment in full in cash of all Obligations with respect to the Notes; and 

(B) (i) any subsequent issuance or transfer of Equity Interests that results in any such Indebtedness being held by a Person
other than the Company or a Restricted Subsidiary of the Company and (ii) any sale or other transfer of any such Indebtedness to a Person that is not either the Company or a Restricted Subsidiary of the Company shall be deemed, in each case, to
constitute an incurrence of such Indebtedness by the Company or such Restricted Subsidiary, as the case may be, that is not permitted by this clause (vii); 

(viii) (i) the incurrence by the Company or any of its Restricted Subsidiaries of Hedging Obligations that are incurred and not
for speculative purposes and (ii) the incurrence by a Securitization Special Purpose Entity of Indebtedness in a Qualified Securitization Transaction that is without recourse to the Company or to any other Restricted Subsidiary of the Company
or their assets (other than Standard Securitization Undertakings); 
 (ix) the Guarantee by the Company or any Restricted
Subsidiary of the Company of Indebtedness of the Company or any Restricted Subsidiary that was permitted to be incurred under this Section 4.9 (other than the Note Guarantees); provided that if the Indebtedness being guaranteed is
subordinated to or pari passu with the Notes or any Note Guarantee, then the Guarantee shall be subordinated to the same extent as the Indebtedness guaranteed (without regard to security interest); 

(x) the accrual of interest, the accretion or amortization of original issue discount, the payment of interest on any
Indebtedness in the form of additional Indebtedness with the same terms, and the payment of dividends on Disqualified Stock in the form of additional shares of the same class of Disqualified Stock will not be deemed to be an incurrence of
Indebtedness or an issuance of Disqualified Stock for purposes of this Section 4.9; provided, in each such case, that the amount thereof is included in Fixed Charges of the Company as accrued; 

(xi) obligations in respect of performance and surety bonds and completion guarantees or similar obligations provided by the
Company or any Restricted Subsidiary of the Company in each case in the normal course of business (whether or not consistent with past practice); 

(xii) the incurrence by the Company or any of its Restricted Subsidiaries of Acquired Debt; provided, however,
that on the date of acquisition and after giving effect thereto on a pro forma basis, (i) the Fixed Charge Coverage Ratio of the Company (A) would be at least 2.0 to 1.0 or (B) would be equal to or greater than such Fixed Charge
Coverage Ratio immediately prior to such acquisition or (ii) the Total Leverage Ratio of the Company (A) would be no higher than 6.5 to 1.0 or (B) would be equal to or lower than such Total Leverage Ratio immediately prior to such
acquisition; 

  
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 (xiii) the incurrence by any Foreign Subsidiary or other Non-Guarantor Subsidiary of Indebtedness in an aggregate principal amount at any time outstanding, including all Permitted Refinancing Indebtedness incurred to refund, refinance or replace any Indebtedness incurred
pursuant to this clause (xiii), not to exceed the greater of (x) $675.0 million or (y) 2.5% of Consolidated Total Assets; 

(xiv) Indebtedness of the Company or any Restricted Subsidiary incurred in connection with or in contemplation of, or to
provide all or any portion of the funds or credit support utilized to consummate, the acquisition by the Company or any Restricted Subsidiary of the Company of property used or useful in a Permitted Business (whether through the direct purchase of
assets or the purchase of Capital Stock of, or merger or consolidation with, any Person owning such assets); provided, however, on the date of such incurrence and after giving effect thereto on a pro forma basis, (i) the Fixed
Charge Coverage Ratio of the Company (A) would be at least 2.0 to 1.0 or (B) would be equal to or greater than such Fixed Charge Coverage Ratio immediately prior to such incurrence or (ii) the Total Leverage Ratio of the Company
(A) would be no higher than 6.5 to 1.0 or (B) would be equal to or lower than such Total Leverage Ratio immediately prior to such incurrence; 

(xv) Indebtedness incurred by the Company or any of its Restricted Subsidiaries constituting reimbursement obligations with
respect to letters of credit issued in the ordinary course of business, including letters of credit in respect of workers’ compensation claims, death, disability or other employee benefits or property, casualty or liability insurance or
self-insurance, or other Indebtedness with respect to reimbursement-type obligations regarding workers’ compensation claims; provided, however, that upon the drawing of such letters of credit or the incurrence of such
Indebtedness, such obligations are reimbursed within 30 days following such drawing or incurrence; 
 (xvi) Indebtedness
arising from the honoring by a bank or other financial institution of a check, draft or similar instrument drawn against insufficient funds, provided that such Indebtedness is extinguished within five Business Days of notice of its
incurrence; 
 (xvii) Indebtedness of the Company or any of its Restricted Subsidiaries supported by a letter of credit
issued pursuant to the Credit Facilities, in a principal amount not in excess of the stated amount of such letter of credit; 

(xviii) Indebtedness of the Company or any of its Restricted Subsidiaries consisting of (i) the financing of insurance
premiums or (ii) take-or-pay or similar obligations contained in supply arrangements, in each case, incurred in the ordinary course of business; 

(xix) the incurrence by the Company or any of its Restricted Subsidiaries of additional Indebtedness in an aggregate principal
amount (or accreted value, as applicable) at any time outstanding, including all Permitted Refinancing Indebtedness incurred to refund, refinance or replace any Indebtedness incurred pursuant to this clause (xix), not to exceed the greater of (x)
$1,000.0 million and (y) 3.75% of Consolidated Total Assets; 
 (xx) the incurrence by the Company or any of its
Restricted Subsidiaries of Indebtedness secured by a Lien under Credit Facilities in an aggregate principal amount such that, on a pro forma basis (including a pro forma application of the proceeds therefrom), the Secured Leverage Ratio would not
exceed 3.50 to 1.00; 

  
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 (xxi) the incurrence by the Company or any of its Restricted Subsidiaries of
Indebtedness of the Company and/or any Restricted Subsidiary in an aggregate outstanding principal amount not to exceed 100% of the amount of any capital contributions or other proceeds received by the Company or any Restricted Subsidiary
(a) from the issuance or sale of its Equity Interests (other than Disqualified Stock) or (b) in the form of any cash contribution, plus the fair market value, as determined by the Company in good faith, of Cash Equivalents, marketable
securities or other property received by the Company or any Restricted Subsidiary from the issuance and sale of its Equity Interests (other than Disqualified Stock) or a contribution to the capital of the Company or any Restricted Subsidiary
(including through consolidation, amalgamation or merger), in each case after the Issue Date, and in each case other than (w) any proceeds received from the sale of Equity Interests to, or contributions from, the Company or any of its
Restricted Subsidiaries, (x) to the extent the relevant proceeds have otherwise been applied to make Restricted Payments hereunder, (y) any Excluded Contribution and (z) any of the aggregate net cash proceeds received by the Company
from the Solta IPO; and 
 (xxii) the incurrence of Indebtedness of any joint venture or Indebtedness of the Company or any
Restricted Subsidiary incurred on behalf of any joint venture or any guarantees by the Company or any Restricted Subsidiary of Indebtedness of any joint venture in an aggregate outstanding principal amount for all such Indebtedness not to exceed at
any time the greater of $350.0 million and 1.25% of Consolidated Total Assets. 
 (c) The Company shall not, and shall not permit any
Note Guarantor to, incur any Indebtedness (including Permitted Debt) that is contractually subordinated in right of payment to any other Indebtedness of the Company or the Note Guarantors unless such Indebtedness is also contractually subordinated
in right of payment to the Notes on substantially identical terms; provided, however, that no Indebtedness of the Company or the Note Guarantors shall be deemed to be contractually subordinated in right of payment to any other
Indebtedness of the Company or any Note Guarantor solely by virtue of being unsecured or having a junior lien priority. 
 (d) For purposes
of determining compliance with this Section 4.9, in the event that an item of proposed Indebtedness meets the criteria of more than one of the categories of Permitted Debt described in clauses (i) through (xxii) of Section 4.9(b)
hereof, or is entitled to be incurred pursuant to subsection (a) of this Section 4.9, the Company shall be permitted to classify such item of Indebtedness on the date of its incurrence, or later reclassify from time to time all or a
portion of such item of Indebtedness, in any manner that complies with this Section 4.9. Indebtedness permitted by this Section 4.9 need not be permitted solely by reference to one clause permitting such Indebtedness but may be permitted
in part by one such clause and in part by one or more other clauses of this Section 4.9 permitting such Indebtedness. Indebtedness under Credit Facilities outstanding on the Issue Date will be deemed to have been incurred on such date in
reliance on the exception provided by clause (xx) of Section 4.9(b) hereof. 
 (e) In addition, for purposes of determining
compliance with this Section 4.9, the Company or the applicable Restricted Subsidiary may, pursuant to an Officer’s Certificate delivered to the Trustee, elect to treat all or any portion of the commitment under any Indebtedness (including
with respect to any revolving loan commitment) as being incurred at the time of such commitment, in which case any subsequent incurrence of Indebtedness under such commitment shall not be deemed to be an incurrence at such subsequent time. 

Section 4.10 [Reserved]. 

Section 4.11 Liens. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly,
create, incur, assume or suffer to exist any Lien (except a Permitted Lien) of any kind (any such Lien, the “Initial Lien”) on any asset now owned or hereafter acquired; except in the case of any assets that do not constitute
Collateral, any Initial Lien if the Notes or the Note Guarantees are secured equally and ratably with (or prior to) the obligations secured by such Initial Lien. 

Any Lien created for the benefit of Holders pursuant to the last clause of the preceding paragraph shall provide by its terms that such Lien
shall be automatically and unconditionally released and discharged, without any action on the part of the Holders, upon the release and discharge of the Initial Lien. 

  
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 Section 4.12 Dividend and Other Payment Restrictions Affecting Restricted
Subsidiaries. 
 (a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create
or permit to exist or become effective any consensual encumbrance or restriction on the ability of any such Restricted Subsidiary to: 

(i) pay dividends or make any other distributions on its Capital Stock to the Company or any of its Restricted Subsidiaries or
pay any indebtedness owed to the Company or any of its Restricted Subsidiaries; 
 (ii) make loans or advances to the Company
or any of its Restricted Subsidiaries; or 
 (iii) transfer any of its properties or assets to the Company or any of its
Restricted Subsidiaries. 
 (b) The restrictions set forth in Section 4.12(a) hereof shall not apply to encumbrances or restrictions
existing under or by reason of: 
 (i) agreements, including agreements governing Existing Indebtedness as in effect on the
date of this Indenture and any amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of those agreements, provided that the amendments, modifications, restatements, renewals,
increases, supplements, refundings, replacements or refinancings are, in the good faith judgment of the Company, not materially more restrictive, taken as a whole, with respect to such dividend and other payment restrictions than those contained in
those agreements on the date of this Indenture; 
 (ii) this Indenture, the Notes, the Note Guarantees and the Collateral
Documents; 
 (iii) any encumbrance or restriction pursuant to Credit Facilities incurred under clause (i) or (xx) of
Section 4.9(b) hereof; 
 (iv) applicable law, rule, regulation or order, approval, license, permit or similar
restriction, including under contracts with foreign governments or agencies thereof entered into in the ordinary course of business; 

(v) any instrument governing Indebtedness, Capital Stock or assets of a Person acquired by the Company or any of its Restricted
Subsidiaries as in effect at the time of such acquisition (except to the extent such Indebtedness was incurred, or such Capital Stock was issued, in connection with or in contemplation of such acquisition), which encumbrance or restriction is not
applicable to any Person, or the properties or assets of any Person, other than the Person, or the property or assets of the Person, so acquired and any amendments, modifications, restatements, renewals, increases, supplements, refundings,
replacements or refinancings of those agreements provided that the amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings are, in the good faith judgment of the Company, not materially
more restrictive, taken as a whole, with respect to such dividend and other payment restrictions than those contained in those agreements on the date of the acquisition, provided that, in the case of Indebtedness, such Indebtedness was
permitted to be incurred under Section 4.9 hereof; 
 (vi) customary
non-assignment provisions in leases, contracts and licenses entered into in the ordinary course of business; 

(vii) purchase money obligations for property that impose restrictions on that property of the nature described in clause
(iii) of Section 4.12(a) hereof; 

  
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 (viii) any agreement for the sale or other disposition of a Restricted
Subsidiary that restricts distributions, transfers, loans or advances by that Restricted Subsidiary pending its sale or other disposition; 

(ix) Permitted Refinancing Indebtedness; provided that the restrictions contained in the agreements governing such
Permitted Refinancing Indebtedness are not, in the good faith judgment of the Company, materially more restrictive, taken as a whole, than those contained in the agreements governing the Indebtedness being refinanced; 

(x) Permitted Liens securing Indebtedness that limit the right of the debtor to dispose of the assets subject to such Liens;

 (xi) customary provisions in joint venture agreements, asset sale agreements, stock sale agreements and other similar
agreements entered into with the approval of the Board of Directors of the Company or otherwise in the ordinary course of business; 

(xii) restrictions on cash or other deposits or net worth imposed by customers under contracts entered into in the ordinary
course of business; 
 (xiii) restrictions in agreements or instruments which prohibit the payment or making of dividends or
other distributions other than on a pro rata basis; 
 (xiv) contractual requirements of a Securitization Special Purpose
Entity in connection with a Qualified Securitization Transaction; provided that such restrictions apply only to such Securitization Special Purpose Entity; and 

(xv) any agreement or instrument governing Indebtedness or preferred stock permitted to be incurred subsequent to the Issue
Date pursuant to Section 4.9 hereof which encumbrances or restrictions (x) are not, in the good faith judgment of the Company, materially more restrictive, taken as a whole, than those contained in this Indenture or (y) will not, in
the good faith judgment of the Company, affect the ability of the Company to make anticipated payments of principal, interest or premium on the Notes. 

Section 4.13 Transactions with Affiliates. 

(a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, make any payment to, or sell, lease, transfer or
otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction, contract, agreement, understanding, loan, advance or guarantee with, or for the benefit of, any
Affiliate (each, an “Affiliate Transaction”) involving aggregate payments or consideration in excess of $100.0 million, unless: 

(i) the Affiliate Transaction is on terms that are no less favorable, taken as a whole, to the Company or the relevant
Restricted Subsidiary than those that would have been obtained in a comparable transaction by the Company or such Restricted Subsidiary with an unrelated Person, as determined by the Company in good faith; and 

(ii) with respect to any Affiliate Transaction or series of related Affiliate Transactions involving aggregate consideration in
excess of $750.0 million, such Affiliate Transaction has been approved by a majority of the disinterested members of the Board of Directors of the Company. 

(b) The following items shall be deemed not to be Affiliate Transactions and, therefore, will not be subject to the provisions of
Section 4.13(a) hereof: 
 (i) any employment agreement or benefit or similar plan entered into by the Company or any of
its Restricted Subsidiaries in the ordinary course of business of the Company or such Restricted Subsidiary; 

  
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 (ii) transactions between or among the Company and/or its Restricted
Subsidiaries; 
 (iii) transactions with a Person that is an Affiliate of the Company solely because the Company owns,
directly or through a Restricted Subsidiary, an Equity Interest in, or controls, such Person; 
 (iv) the payment of
reasonable compensation and fees to, and the provision of customary indemnities to, current or former officers, directors, employees or consultants of the Company or any of its Restricted Subsidiaries; 

(v) issuances or sales of Equity Interests (other than Disqualified Stock) of the Company to Affiliates or employees of or
consultants to the Company; 
 (vi) Restricted Payments that are permitted by the provisions of Section 4.8 hereof and
Permitted Investments; 
 (vii) transactions effected pursuant to agreements in effect on the date of this Indenture and any
amendment, modification or replacement to such agreement (so long the as amendment, modification or replacement is not, in the good faith judgment of the Company, materially more disadvantageous to the Company or such Restricted Subsidiary, taken as
a whole, than the terms of those agreements in effect on the date of this Indenture); 
 (viii) [reserved]; 

(ix) transactions with a Permitted Joint Venture in which the Company or any Restricted Subsidiary holds or acquires an
ownership interest (whether by way of Capital Stock or otherwise) so long as the terms of any such transactions, in the good faith judgment of the Company, are not materially less favorable, taken as a whole, to the Company or such Restricted
Subsidiary than they are to other joint venture partners; 
 (x) any agreement that grants registration and other customary
rights in connection therewith or otherwise to the direct or indirect security holders of the Company or any Restricted Subsidiary (and the performance of such agreements); 

(xi) transactions with Affiliates solely in their capacity as Holders of Indebtedness or Capital Stock of the Company or any of
its Restricted Subsidiaries, where such Affiliates receive the same consideration as non-Affiliates in such transactions; 

(xii) transactions affected as part of a Qualified Securitization Transaction; and 

(xiii) transactions in which the Company or any Restricted Subsidiary, as the case may be, delivers to the Trustee a copy of a
letter from an accounting, appraisal or investment banking firm of national standing addressed to the Company stating that such transaction meets the requirements of Section 4.13(a)(i). 

Section 4.14 Asset Sales. 

(a) The Company shall not, and shall not permit any of its Restricted Subsidiaries to, consummate an Asset Sale unless: 

(i) the Company (or its Restricted Subsidiary, as the case may be) receives consideration at the time of the Asset Sale at
least equal to the Fair Market Value (determined, for purposes of this clause (i), by the Company or, in the case of any asset(s) valued in excess of $750.0 million, by the Board of Directors of the Company) of the assets or Equity Interests
issued or sold or otherwise disposed of; and 

  
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 (ii) except in the case of a Permitted Asset Swap, at least 75% of the
consideration received in the Asset Sale by the Company or such Restricted Subsidiary is in the form of cash or Cash Equivalents. For purposes of this provision, each of the following will be deemed to be cash: 

(A) any liabilities, as shown on the Company’s most recent consolidated balance sheet, of the Company or any Restricted
Subsidiary (other than contingent liabilities and liabilities that are by their terms subordinated to the Notes and the Note Guarantees) (i) that are assumed by the transferee of any such assets pursuant to an agreement that releases the
Company or such Restricted Subsidiary from further liability or (ii) that are discharged by the transferee in a transaction pursuant to which neither the Company nor any Restricted Subsidiary has any liability following such Asset Sale; 

(B) any securities, notes or other obligations received by the Company or any such Restricted Subsidiary from such transferee
that are converted by the Company or such Restricted Subsidiary into cash within 180 days after the consummation of the applicable Asset Sale, to the extent of the cash received in that conversion; 

(C) any Designated Noncash Consideration having an aggregate Fair Market Value that, when taken together with all other
Designated Noncash Consideration previously received and then outstanding, does not exceed at the time of the receipt of such Designated Noncash Consideration (with the Fair Market Value of each item of Designated Noncash Consideration being
measured at the time received and without giving effect to subsequent changes in value) the greater of $800.0 million or 3.0% of Consolidated Total Assets; and 

(D) future payments to be made in cash or Cash Equivalents owed to the Company or a Restricted Subsidiary in the form of
licensing, royalty, earnout or Milestone Payment (or similar deferred cash payments). 
 (b) Within 450 days after the receipt of any Net
Proceeds from an Asset Sale, the Company or the applicable Restricted Subsidiary may apply an amount equal to those Net Proceeds: 

(i) to repay (x) Indebtedness and other Obligations under the Credit Agreement and, if the Indebtedness repaid under the
Credit Agreement is revolving credit Indebtedness, to correspondingly reduce commitments with respect thereto, (y) Indebtedness and other Obligations under the Notes or any Pari Passu Indebtedness (other than the Credit Agreement) and, if the
Pari Passu Indebtedness being repaid is revolving credit Indebtedness, to correspondingly reduce commitments with respect thereto (provided that if such Net Proceeds are applied to repay such Pari Passu Indebtedness under this clause (y), the
Company shall equally and ratably reduce obligations under the Notes in accordance with Section 3.7 hereof, through privately negotiated transactions or open market purchases (in each case, provided that such purchases are at or above
100% of the principal amount thereof), or by making an offer (in accordance with Section 4.14(c)) to all Holders to purchase, at a purchase price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, the pro rata
principal amount of Notes) or (z) other Indebtedness of a Non-Guarantor Subsidiary, so long as the relevant assets were assets of such Subsidiary; 

(ii) to acquire all or substantially all of the assets of, or a majority of the Voting Stock of, another Permitted Business or
the minority interest in any Permitted Business; 
 (iii) to make payments with respect to the acquisition or license of
intellectual property rights that are used in a Permitted Business; 
 (iv) to make a capital expenditure in or that is
useful in a Permitted Business; 
 (v) to retire Notes (x) pursuant to Section 3.7 hereof, (y) through
privately negotiated transactions or open market purchases or (z) by making an offer to purchase Notes in accordance with Section 4.14(c); or 

  
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 (vi) to acquire other assets (other than cash and Cash Equivalents) that are
used or useful in a Permitted Business; 
 provided that (1) a binding commitment to apply any Net Proceeds from an Asset Sale as set forth in
clauses (ii), (iii), (iv) or (vi) of this Section 4.14(b) shall be treated as a permitted application of the Net Proceeds from the date of such commitment so long as the Company or such Restricted Subsidiary enters into such commitment
with the good faith expectation that such Net Proceeds will be applied to satisfy such commitment within 180 days of the end of such 450-day period (an “Acceptable Commitment”) and, in the
event any Acceptable Commitment is later cancelled or terminated for any reason before the Net Proceeds are applied in connection therewith, then the Company or such Restricted Subsidiary shall be permitted to apply the Net Proceeds in any manner
set forth above before the expiration of such 180-day period and, in the event the Company or such Restricted Subsidiary fails to do so, then such Net Proceeds shall constitute Excess Proceeds and (2) the
Company may elect to deem certain expenditures that would otherwise be permissible reinvestments but that occurred prior to the receipt of the applicable Net Proceeds as having been reinvested in accordance with the provisions of this
Section 4.14, but only to the extent such deemed expenditure shall have been made no earlier than the earlier of the execution of a definitive agreement with respect to such Asset Sale or the consummation thereof. 

Notwithstanding anything in this Section 4.14 to the contrary, the Company shall not be required to apply any amount that would otherwise
be required to be applied pursuant to this Section 4.14 to the extent that the Asset Sale (x) is consummated by any Foreign Subsidiary for so long as the Company determines in good faith that the repatriation to the Company of any such
amount would be prohibited or delayed (beyond the time period during which such application is otherwise required to be made pursuant hereto) under any requirement of law or conflict with the fiduciary duties of such Foreign Subsidiary’s
directors, or result in, or could reasonably be expected to result in, a material risk of personal or criminal liability for any officer, director, employee, manager, member of management or consultant of such Foreign Subsidiary (including on
account of financial assistance, corporate benefit, thin capitalization, capital maintenance or similar considerations); it being understood and agreed that (i) solely within 365 days following the event giving rise to the relevant Net
Proceeds, the Company shall take all commercially reasonable actions required by applicable requirements of law to permit such repatriation and, to the extent applicable, would no longer conflict with the fiduciary duties of such director, or result
in, or be reasonably expected to result in, a material risk of personal or criminal liability for the Persons described above, in either case, and (ii) if such repatriation is permitted or would no longer so conflict, within 365 days following
the event giving rise to the relevant Net Proceeds, the relevant Foreign Subsidiary will promptly repatriate the relevant Net Proceeds, and the repatriated Net Proceeds will be promptly (and in any event not later than two Business Days after such
repatriation) applied (net of additional taxes payable or reserved against such Net Proceeds, as a result thereof, in each case by the Company or the Company’s Subsidiaries, and any Affiliates or indirect or direct equity owners of the
foregoing) as required above, or (y) generates Net Proceeds that are received by any joint venture for so long as the Company determines in good faith that the distribution of such Net Proceeds would be prohibited under the organizational
documents (or any relevant shareholders’ or similar agreement) governing such joint venture; it being understood that if the relevant prohibition ceases to exist within the 365-day period following the
event giving rise to the relevant Net Proceeds, the relevant joint venture will promptly distribute the Net Proceeds, as the case may be, and the Net Proceeds, as the case may be, will be promptly (and in any event not later than ten Business Days
after such distribution) applied (net of additional taxes payable or reserved against as a result thereof) as set forth above. In addition, if the Company determines in good faith that the repatriation (or other intercompany distribution) to the
Company of any amounts required to be applied as set forth above would result in material and adverse tax consequences for the Company or any of its subsidiaries, Affiliates or indirect or direct equity owners, taking into account any foreign tax
credit or benefit actually realized in connection with such repatriation (such amount, a “Restricted Amount”), as determined by the Company in good faith, the amount the Company shall be required to apply as set forth above shall be
reduced by the Restricted Amount; provided that to the extent that the repatriation (or other intercompany distribution) of any Net Proceeds from the relevant Foreign Subsidiary would no longer have a material and adverse tax consequence within the 365-day period following the event giving rise to the Net Proceeds, an amount equal to the Net Proceeds not previously applied pursuant to this Section 4.14 shall be so applied. 

  
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 Notwithstanding Sections 4.14(a) and 4.14(b), the Company and its Restricted Subsidiaries
will not be required to apply an amount equal to any Net Proceeds in accordance with this Section 4.14 except to the extent that the aggregate Net Proceeds from all Asset Sales which are not applied in accordance with this Section 4.14 in
any calendar year exceeds the greater of $200.0 million or 1.0% of Consolidated Total Assets at the time of receipt of such Net Proceeds (any amount less than such threshold, “Retained Asset Sale Proceeds”). Pending application
of an amount equal to Net Proceeds pursuant to this Section 4.14, the Company or a Restricted Subsidiary may temporarily reduce revolving credit borrowings or otherwise invest the Net Proceeds in any manner that is not prohibited by this
Indenture. 
 (c) Any Net Proceeds from Asset Sales that are not applied or invested as provided in Section 4.14(b) hereof shall
constitute “Excess Proceeds.” When the aggregate amount of Excess Proceeds in any calendar year exceeds the greater of $200.0 million or 1.0% of Consolidated Total Assets, the Company shall make an offer (an “Asset Sale
Offer”) to all Holders of Notes and all holders of other Pari Passu Indebtedness to purchase the maximum principal amount of Notes and such other Pari Passu Indebtedness that may be purchased out of the amount of such Excess Proceeds. The
offer price in any Asset Sale Offer shall be equal to 100% of principal amount plus accrued and unpaid interest to, but not including, the date of purchase, and shall be payable in cash. If any Excess Proceeds remain after consummation of an Asset
Sale Offer (“Declined Asset Sale Proceeds”), the Company and its Restricted Subsidiaries may use the amount of such Excess Proceeds for any purpose not otherwise prohibited by this Indenture. If the aggregate principal amount of
Notes and other Pari Passu Indebtedness tendered into such Asset Sale Offer exceeds the amount of Excess Proceeds, the Company shall select the Notes and such other Pari Passu Indebtedness to be purchased on a pro rata basis. Upon completion of each
Asset Sale Offer, the amount of Excess Proceeds shall be reset at zero. 
 (d) The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with each repurchase of Notes pursuant to an Asset Sale
Offer. To the extent that the provisions of any securities laws or regulations conflict with the Asset Sale provisions of this Indenture, the Company shall comply with the applicable securities laws and regulations and shall not be deemed to have
breached its obligations under the Asset Sale provisions of this Indenture by virtue of such compliance. 
 Section 4.15 Additional
Note Guarantees. 
 (a) To the extent any one of the Company’s Subsidiaries that is not a Note Guarantor as of the Issue Date
Guarantees any Indebtedness of the Company or any Guarantor under any syndicated Credit Facility or Capital Markets Indebtedness as of the Issue Date, the Company shall use commercially reasonable efforts to cause such Subsidiary to execute and
deliver to the Trustee a notation of Note Guarantee substantially in the form of Exhibit B hereto (subject to the Agreed Guarantee Principals) or, in the case that such Subsidiary of the Company is a Canadian Note Guarantor, a Canadian Note
Guarantee, pursuant to which such Subsidiary shall unconditionally Guarantee, on a senior secured basis, all of the Company’s obligations under the Notes and this Indenture on the terms set forth in this Indenture and, if applicable, the
Canadian Note Guarantee, within 120 days after the Issue Date. Thereafter, such Subsidiary shall be a Note Guarantor for all purposes hereof until such Note Guarantee is released in accordance herewith. 

(b) If any one of the Company’s Subsidiaries that is not a Note Guarantor Guarantees any Indebtedness of the Company or any Guarantor
under any syndicated Credit Facility or Capital Markets Indebtedness after the Issue Date, that Subsidiary shall (i) execute and deliver to the Trustee a supplemental indenture in form reasonably satisfactory to the Trustee and a notation of
Note Guarantee substantially in the form of Exhibit B hereto or, in the case that such Subsidiary of the Company is a Canadian Note Guarantor, a Canadian Note Guarantee, pursuant to which such Subsidiary shall
unconditionally Guarantee, on a senior secured basis, all of the Company’s obligations under the Notes and this Indenture on the terms set forth in this Indenture and, if applicable, the Canadian Note Guarantee, and (ii) deliver to the
Trustee an Opinion of Counsel that such supplemental indenture and notation of Note Guarantee or, if applicable, Canadian Note Guarantee, has been duly authorized, executed and delivered by such Subsidiary and constitutes a legal, valid, binding and
enforceable obligation of such Subsidiary. Thereafter, such Subsidiary shall be a Note Guarantor for all purposes hereof until such Note Guarantee is released in accordance herewith. 

  
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 Notwithstanding the foregoing, the supplemental indenture and notation of Note Guarantee may
be modified in respect of any Note Guarantor organized outside of the United States of America as necessary or appropriate to (1) comply with applicable law, (2) avoid any general legal limitations such as general statutory limitations,
financial assistance, corporate benefit, “thin capitalization” rules, retention of title claims or similar matters or (3) avoid a conflict with the fiduciary duties of such company’s directors, contravention of any legal
prohibition or regulatory condition, or the material risk of personal or criminal liability for any officers or directors (collectively referred to as “Agreed Guarantee Principles”), in each case as determined by the Company in its
sole discretion. 
 Section 4.16 Designation of Restricted and Unrestricted Subsidiaries. 

(a) The Company’s Board of Directors may designate any Restricted Subsidiary (other than BHA) to be an Unrestricted Subsidiary if that
designation would not cause a Default. Any designation of a Subsidiary as an Unrestricted Subsidiary will be deemed to be a designation of each of such entity’s Subsidiaries as Unrestricted Subsidiaries. Following the Issue Date, if a
Restricted Subsidiary is designated as an Unrestricted Subsidiary, the aggregate Fair Market Value of all outstanding Investments (calculated after giving effect to any concurrent transactions) owned by the Company and its Restricted Subsidiaries in
the Subsidiary designated as an Unrestricted Subsidiary shall be deemed to be an Investment made as of the time of the designation and will reduce the amount available for Restricted Payments under Section 4.8 hereof or under one or more of the
clauses of the definition of “Permitted Investments,” as determined by the Company. That designation will only be permitted if the Investment would be permitted at that time and if the Restricted Subsidiary otherwise meets the definition
of an Unrestricted Subsidiary. The Company’s Board of Directors may redesignate any Unrestricted Subsidiary to be a Restricted Subsidiary if the redesignation would not cause a Default; provided that such redesignation will be deemed to
be an incurrence of Indebtedness and, if applicable, an incurrence of related Liens by a Restricted Subsidiary of the Company of any outstanding Indebtedness and, if applicable, related Liens of such Unrestricted Subsidiary and such redesignation
will only be permitted if such Indebtedness and, if applicable, related Liens are permitted under Section 4.9 hereof and, if applicable, Section 4.11 hereof (other than clause (3) under the definition of “Permitted Liens”),
calculated, if applicable, on a pro forma basis as if such designation had occurred at the beginning of the four-quarter reference period. 

(b) Notwithstanding the foregoing or any other provision of this Indenture, in addition to the conditions set forth in clause (a) above
and otherwise applicable to the designation of Restricted Subsidiaries to be Unrestricted Subsidiaries, the designation of any Bausch + Lomb Entity as an Unrestricted Subsidiary hereunder shall be permitted only to the extent that such Bausch + Lomb
Entity shall have been substantially concurrently designated as an “Unrestricted Subsidiary” under the Credit Agreement. 
 (c)
Notwithstanding anything herein to the contrary, Solta may not be designated as an Unrestricted Subsidiary. 
 Section 4.17 Business
Activities. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Company and its Restricted Subsidiaries,
taken as a whole. 
 Section 4.18 Limitation on Bausch + Lomb Contributions, Transfers and Dispositions. 

(a) Notwithstanding anything to the contrary set forth in Section 4.8 of this Indenture, from and after the Bausch + Lomb Designation
Date and for so long as the Bausch + Lomb Entities remain Unrestricted Subsidiaries, the Company will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, contribute any business unit, line of business or
product line (or, in each case, the material assets thereof, including material intellectual property related thereto if such material intellectual property is contributed by way of a transfer of actual legal title or an Exclusive License) to any
Bausch + Lomb Entity except: 
 (i) pursuant to the transactions described in the Bausch + Lomb Registration Statement under
the headings “The Separation and the Distribution” and “Certain Relationships and Related Party Transactions,” including, without limitation, pursuant to the Separation Agreements; 

(ii) for the contribution of any business unit, line of business or product line or material assets that primarily relates to
the Bausch + Lomb Business; or 

  
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 (iii) any such contribution of business units, lines of business or product
lines or material assets having a Fair Market Value (measured at the time of the applicable contribution) of no greater than $75.0 million in the aggregate; provided that in each case the Company will deliver to the Trustee an Officer’s
Certificate to the effect that such excepted contribution was made in accordance with the provisions of this Indenture and the Separation Agreements. 

Section 4.19 Stay, Extension and Usury Laws. The Company covenants (to the extent that it may lawfully do so) that it shall not at
any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law or other law which would prohibit or forgive the Company from paying all or any portion of the principal of,
premium, if any, or interest on the Notes as contemplated herein, wherever enacted, now or at any time hereafter in force, or which may affect the covenants or the performance of this Indenture, and the Company (to the extent it may lawfully do so)
hereby expressly waives all benefit or advantage of any such law and covenant that it will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of
every such power as though no such law had been enacted. 
 Section 4.20 Notice of Default. In the event that any Default or
Event of Default under Section 6.1 hereof shall occur, the Company shall give prompt written notice of such Default or Event of Default to the Trustee, after it becomes aware of the same. 

Section 4.21 Payment of Additional Amounts. 

(a) All payments made by or on behalf of the Company under or with respect to the Notes, or by or on behalf of any Note Guarantor under or
with respect to any Note Guarantee (each such Person, a “Payor”) will be made free and clear of any withholding or deduction for or on account of any tax, duty, levy, impost, assessment or other governmental charge of whatever
nature (collectively, “Tax”) imposed or levied by or on behalf of any jurisdiction in which such Payor is organized, resident or carrying on business for tax purposes or from or through which such Payor makes any payment on the
Notes or its Note Guarantee or any department or political subdivision of any of the foregoing (each, a “Relevant Taxing Jurisdiction”), unless the Payor (or an applicable withholding agent) is required to withhold or deduct Taxes
by law. If the Payor (or an applicable withholding agent) is required by law to withhold or deduct any amount for or on account of Taxes of a Relevant Taxing Jurisdiction from any payment made under or with respect to any Notes or Note Guarantee,
the Payor, subject to the exceptions listed below, will pay additional amounts (“Additional Amounts”) as may be necessary to ensure that the net amount received by each Holder or Beneficial Owner of the Notes after such withholding
or deduction (including withholding or deduction attributable to Additional Amounts payable hereunder) will not be less than the amount the Holder or Beneficial Owner would have received if such Taxes had not been required to be so withheld or
deducted. 
 (b) A Payor will not, however, pay Additional Amounts to a Holder or Beneficial Owner of Notes: 

(i) to the extent the Taxes giving rise to such Additional Amounts would not have been imposed but for the existence of any
present or former connection between the Holder or Beneficial Owner (or between a fiduciary, settler, beneficiary, member or shareholder of, or possessor of a power over, such Holder or Beneficial Owner, if such Holder or Beneficial Owner is an
estate, trust, partnership or corporation) and the Relevant Taxing Jurisdiction (other than any connection resulting solely from the acquisition, ownership, holding or disposition of Notes, the receipt of payments thereunder or under any Note
Guarantee and/or the exercise or enforcement of rights under any Notes or any Note Guarantee); 
 (ii) to the extent the
Taxes giving rise to such Additional Amounts would not have been imposed but for the failure of the Holder or Beneficial Owner of Notes, following the Company’s or the Payor’s written request addressed to the Holder, to the extent such
Holder or Beneficial Owner is legally eligible to do so, to comply with any certification, identification, information or other reporting requirements, whether required by statute, treaty, regulation or administrative practice of a Relevant Taxing
Jurisdiction, as a precondition to exemption from, or reduction in the rate of deduction or withholding of, Taxes imposed by the Relevant Taxing Jurisdiction (including, without limitation, a certification that the Holder or Beneficial Owner is not
resident in the Relevant Taxing Jurisdiction); 

  
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 (iii) with respect to any estate, inheritance, gift, sales, transfer,
capital gains, excise or personal property tax or any similar Taxes; 
 (iv) to the extent the Taxes giving rise to such
Additional Amounts would not have been imposed but for the presentation by the Holder or Beneficial Owner of any Note, where presentation is required, for payment on a date more than 30 days after the date on which payment became due and
payable or the date on which payment thereof is duly provided for, whichever occurs later; 
 (v) to the extent the Taxes
giving rise to such Additional Amounts would not have been imposed but for the Holder or Beneficial Owner (x) not dealing at arm’s length, within the meaning of the Income Tax Act (Canada), with such Payor, or (y) being a
person who is a “specified entity” (as defined in proposed subsection 18.4(1) of the Income Tax Act (Canada) contained in proposals to amend such Act released on April 29, 2022) in respect of such Payor to the extent that the
applicable payment would be subject to withholding tax under such Act as a consequence of such proposals; 
 (vi) to the
extent the Taxes giving rise to such Additional Amounts would not have been imposed but for such Holder or Beneficial Owner being, or not dealing at arm’s length (within the meaning of the Income Tax Act (Canada)) with, a “specified
shareholder” of the Company as defined in subsection 18(5) of the Income Tax Act (Canada) for purposes of the thin capitalization rules in the Income Tax Act (Canada); 

(vii) to the extent the Taxes giving rise to such Additional Amounts are U.S. federal withholding taxes imposed pursuant to
Sections 1471 through 1474 of the Internal Revenue Code of 1986, as amended (the “Code”), as in effect on the date hereof (or any amended or successor version that is substantively comparable and not materially more onerous to
comply with), any current or future regulations, official interpretations or administrative authority promulgated thereunder and any agreements entered into pursuant to Section 1471(b)(1) of the Code as in effect on the date hereof (or any
amended or successor version that is substantively comparable and not materially more onerous to comply with), and, for the avoidance of doubt, any intergovernmental agreement (and related legislation, rules or practices) implementing the foregoing
(taken together, “FATCA”), except to the extent that such Taxes result from a failure of any Paying Agent to comply with FATCA; or 

(viii) any combination of items (i), (ii), (iii), (iv), (v), (vi) and (vii). 

Additional Amounts also shall not be paid with respect to any payment on the Notes or any Note Guarantee to a Beneficial Owner who is a
fiduciary, a partnership (or entity treated as a partnership for tax purposes) or anyone other than the sole Beneficial Owner of that payment to the extent that payment would be required by the laws of the Relevant Taxing Jurisdiction to be included
in the income, for tax purposes, of a beneficiary or settlor with respect to the fiduciary, a member of that partnership or a Beneficial Owner who would not have been entitled to the Additional Amounts had that beneficiary, settlor, member or
interest holder been the Beneficial Owner. 
 (c) The Payor or applicable withholding agent will (i) make any such withholding or
deduction required by applicable law and (ii) timely remit the full amount deducted or withheld to the relevant authority in accordance with applicable law. The Payor, or the applicable withholding agent, will make reasonable efforts to obtain
certified copies of tax receipts evidencing the payment of any Taxes so deducted or withheld from each Relevant Taxing Jurisdiction imposing such Taxes. The Payor, or the applicable withholding agent, will provide to the Trustee, within a reasonable
time after the date the payment of any Taxes so deducted or withheld are due pursuant to applicable law, either a certified copy of tax receipts evidencing such payment, or, if such tax receipts are not reasonably available to the Payor, such other
documentation that provides reasonable evidence of such payment by the Payor. 
 (d) Where Tax is payable pursuant to Regulation 803 of the
Income Tax Act (Canada) by a Holder or Beneficial Owner of the Notes in respect of any amount payable under the Notes or any Note Guarantee to the Holder (other than by reason of a transfer of the Notes to a person resident in Canada with
whom the transferor does not deal at arm’s length for the purposes of such Act), but no Additional Amount is paid in respect of such Tax, the Payor will pay as or on account of interest to the Holder an amount equal to such Tax (a
“Regulation 803 

  
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Reimbursement”) plus an amount equal to any Tax required to be paid by the Holder or Beneficial Owner as a result of such Regulation 803 Reimbursement within 45 days after receiving
from the Holder a notice containing reasonable particulars of the Tax so payable, provided such Holder or Beneficial Owner would have been entitled to receive Additional Amounts on account of such Tax (and only to the extent of such
Additional Amounts that such Holder or Beneficial Owner would have been entitled to receive) but for the fact that it is payable otherwise than by deduction or withholding from payments made under or with respect to the Notes or any Note Guarantee.

 (e) Prior to the date on which the payment of any Additional Amounts are due, the Payor will deliver to the Trustee an Officer’s
Certificate stating that such Additional Amounts will be payable on the applicable payment date, and setting forth the amounts so payable, and will set forth such other information necessary to enable the Trustee (or applicable paying agent) to pay
such Additional Amounts to Holders on the payment date. Any such Officer’s Certificate will be delivered at least two Business Days in advance of when the payments in question are required to be made (unless a shorter period of time is
acceptable to the Trustee in its reasonable discretion). The Payor will promptly publish a notice in accordance with Section 11.2 hereof stating that such Additional Amounts will be payable and describing the obligation to pay such amounts.

 (f) The Payors, jointly and severally, will reimburse the Holders or Beneficial Owners of Notes, upon written request of such Holder or
Beneficial Owner of Notes and certified proof of payment for the amount of (i) any Taxes levied or imposed by a Relevant Taxing Jurisdiction and payable by such Holder or Beneficial Owner in connection with payments made under or with respect
to the Notes or any Note Guarantee; and (ii) any Taxes levied or imposed with respect to any reimbursement under the foregoing clause (i) or this clause (ii), so that the net amount received by such Holder or Beneficial Owner after such
reimbursement will not be less than the net amount such Holder or Beneficial Owner would have received if the Taxes giving rise to the reimbursement described in clauses (i) and/or (ii) had not been imposed, provided,
however, that the indemnification obligation provided for in this Section 4.21(f) shall not extend to Taxes imposed for which the Holder or Beneficial Owner of the Notes would not have been eligible to receive payment of Additional
Amounts hereunder by virtue of clauses (i) through (viii) of Section 4.21(b) hereof, or to the extent such Holder or Beneficial Owner received Additional Amounts with respect to such payments. 

(g) In addition, the Payor will pay any stamp, issue, registration, court, documentary, excise or other similar taxes, charges and duties,
including interest and penalties with respect thereto, imposed by any Relevant Taxing Jurisdiction at any time in respect of the execution, issuance, registration or delivery of the Notes or any Note Guarantee or any other document or instrument
referred to thereunder and any such taxes, charges or duties imposed by any Relevant Taxing Jurisdiction at any time as a result of, or in connection with, (i) any payments made pursuant to the Notes or any Note Guarantee or any other such
document or instrument referred to thereunder and/or (ii) the enforcement of the Notes or any Note Guarantee or any other such document or instrument referred to thereunder. 

(h) The obligations described under this Section 4.21 will survive any termination, defeasance or discharge of this Indenture and will
apply mutatis mutandis to any successor Person, to any Payor and to any jurisdiction in which such successor is organized, carrying on business or is otherwise resident for Tax purposes or any jurisdiction from or through which payment is
made by such successor or its respective agents. 
 (i) Whenever this Indenture refers to, in any context, the payment of principal,
premium, if any, interest or any other amount payable under or with respect to any Note or under any Note Guarantee, such reference includes the payment of Additional Amounts or other payments that would be payable pursuant to this
Section 4.21, if applicable. 
 Section 4.22 After-Acquired Property. 

(a) Promptly following (but so long as the Credit Agreement is outstanding in no circumstance sooner than required with respect to the Credit
Agreement) the acquisition by the Company or any Note Guarantor of any After-Acquired Property or upon any new Subsidiary becoming a Note Guarantor, the Company or such Note Guarantor shall, subject to the limitations set forth herein, including the
remaining clauses below, (i) provide a Lien over such property consistent with the Liens granted over similar property in the applicable jurisdiction (or in the case of any jurisdiction where no Liens were previously granted, to the extent
customary and reasonably achievable 

  
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under applicable local law) (or, in the case of a new Note Guarantor, all of its property (other than Excluded Assets) consistent with the Liens granted over similar property in the applicable
jurisdiction (or in the case of any jurisdiction where no Liens were previously granted, to the extent customary and reasonably achievable under applicable local law)) in favor of the Notes Collateral Agents and (ii) execute and deliver such
mortgages, deeds of trust, security instruments, financing statements and certificates as shall be necessary to vest in the relevant Notes Collateral Agent a perfected security interest, subject only to Permitted Liens, in such After-Acquired
Property or in the Collateral of such Note Guarantor and to have such After-Acquired Property or such Collateral (but subject to the limitations set forth in the Collateral Documents) added to the Collateral, and thereupon all provisions of this
Indenture relating to the Collateral shall be deemed to relate to such After-Acquired Property or Collateral to the same extent and with the same force and effect, and deliver certificates and Opinions of Counsel consistent with the ones delivered
in the applicable jurisdiction in connection with other Collateral Documents or in the case of any jurisdiction where no Liens were previously granted, such certificates and Opinions of Counsel as are customary in such jurisdiction; provided,
however, that if granting such security interest in such After-Acquired Property or Collateral requires the consent of a third party, to the extent such actions are also taken with respect to the Credit Agreement, the Company will use
commercially reasonable efforts to obtain such consent with respect to the security interest for the benefit of the Trustee and the relevant Notes Collateral Agent on behalf of the Holders of the Notes; provided further, however, that
if such third party does not consent to the granting of such security interest after the use of such commercially reasonable efforts, the Company or such Note Guarantor, as the case may be, will not be required to provide such security interest.

 (b) Notwithstanding anything in this Indenture or the Collateral Documents to the contrary, in addition to the other exceptions and
limitations described in the Collateral Documents, and notwithstanding any action that is taken in favor of the lenders under the Credit Agreement, in no event shall the Company or any Note Guarantor be required to (x) create any security
interests in assets located, titled, registered or filed outside of the Covered Jurisdictions or to perfect such security interests, (y) deliver (A) control agreements, (B) landlord waivers, (C) bailee letters, (D) other similar
third party documents, or (E) security agreements, pledge agreements, or share charge (or mortgage) agreements (or similar agreements) governed under the laws of a jurisdiction other than the Covered Jurisdictions or (z) take any other
action not taken pursuant to the Credit Agreement (so long as it is outstanding). In addition, in no event shall the Company or any Note Guarantor be required to grant liens or take any action to perfect liens on any real estate other than Material
Real Estate Assets. 
 (c) Notwithstanding anything in this Indenture or the Collateral Documents to the contrary, so long as the Credit
Agreement or the Existing Secured Notes are outstanding, the Company and the Note Guarantors will not be required to grant liens on any asset in any jurisdiction where such assets can be pledged to only one secured party pursuant to local laws
governing such collateral or local practice applicable to such collateral. 
 (d) Notwithstanding anything in this Indenture or the
Collateral Documents to the contrary, the Company and the Note Guarantors will not be required to (i) perfect by control any security interest in deposit accounts, securities accounts, commodities accounts or similar accounts or
(ii) perfect a security interest in any asset if such asset does not constitute “Collateral” (or an equivalent term)under the Credit Agreement security documents or where the Company and the Note Guarantors are not required to take
such actions under the Credit Agreement security documents. 
 (e) Any Collateral Document may provide that the amount recoverable in
respect of the Collateral provided by the Note Guarantors will be limited as necessary to (1) prevent such Collateral from being in breach of any applicable law, (2) avoid any general legal limitations such as general statutory
limitations, financial assistance, corporate benefit, “thin capitalization” rules, retention of title claims or similar matters or (3) avoid a conflict with the fiduciary duties of such company’s officers or directors,
contravention of any legal prohibition or regulatory condition, or the material risk of personal or criminal liability for any officers or directors, in each case as determined by the Company in its sole discretion. 

(f) The limitations set forth in clauses (b) through (e) above are referred to as the “Applicable Collateral
Limitations.” 

  
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 Section 4.23 Additional Material Real Estate Assets. In the event that the
Company or any Note Guarantor acquires a Material Real Estate Asset or a Real Estate Asset owned or leased on the Issue Date becomes a Material Real Estate Asset and such interest has not otherwise been made subject to the Lien of the Collateral
Documents in favor of any Notes Collateral Agent, for the benefit of First Lien Notes Secured Parties, then the Company or such Note Guarantor shall, subject to the Applicable Collateral Limitations, promptly take all such actions and execute and
deliver, or cause to be executed and delivered, all such mortgages, documents, instruments and agreements necessary to make such Lien a valid and perfected first priority security interest (subject to Permitted Liens) in such Material Real Estate
Asset and deliver such Opinions of Counsel and certificates as are customary in such jurisdictions. 
 Section 4.24 No Impairment of
the Security Interests. Except as otherwise permitted under this Indenture (including, for the avoidance of doubt, pursuant to a transaction otherwise permitted by this Indenture), the First Lien Intercreditor Agreement and the Collateral
Documents, none of the Company nor any of the Note Guarantors shall be permitted to take any action, or knowingly omit to take any action, which action or omission would have the result of materially impairing the security interest with respect to
the Collateral for the benefit of the First Lien Notes Secured Parties. 
 ARTICLE 5 

MERGER, CONSOLIDATION OR SALE OF ASSETS 

Section 5.1 Merger, Consolidation or Sale of Assets. 

(a) The Company shall not, directly or indirectly: (1) consolidate, amalgamate or merge with or into another Person (whether or not the
Company is the surviving Person) or (2) sell, assign, transfer, convey or otherwise dispose of all or substantially all of the properties or assets of the Company and its Restricted Subsidiaries, taken as a whole, in one or more related
transactions, to another Person, unless: 
 (i) either (x) the Company is the surviving Person; or (y) the Person
formed by or surviving any such consolidation, amalgamation or merger (if other than the Company) or to which such sale, assignment, transfer, conveyance or other disposition has been made is organized and validly existing under the laws of the
U.S., any state of the U.S. or the District of Columbia or under the laws of Canada or any province thereof, any member state of the European Union as in effect on the Issue Date, Bermuda, Cayman Islands, any Channel Island or Switzerland
(provided that if such entity is not a corporation, a co-obligor of the Notes is a corporation); 

(ii) the Person formed by or surviving any such consolidation, amalgamation or merger (if other than the Company) or the Person
to which such sale, assignment, transfer, conveyance or other disposition has been made expressly assumes all the obligations of the Company under the Notes, this Indenture and the applicable Collateral Documents pursuant to agreements reasonably
satisfactory to the Trustee; 
 (iii) immediately after such transaction, no Default or Event of Default exists; 

(iv) either (a) the Company or the Person formed by or surviving any such consolidation, amalgamation or merger (if other
than the Company), or to which such sale, assignment, transfer, conveyance or other disposition has been made shall, on the date of such transaction after giving pro forma effect thereto and any related financing transactions as if the same had
occurred at the beginning of the applicable four-quarter period, be permitted to incur at least $1.00 of additional Indebtedness pursuant to the Fixed Charge Coverage Ratio test or Total Leverage Ratio test set forth in Section 4.9(a) hereof or
(b) the Company or the Person formed by or surviving any such consolidation, amalgamation or merger (if other than the Company) or to which such sale, assignment, transfer, conveyance or other disposition has been made would, on the date of
such transaction after giving pro forma effect thereto and any related financing transactions as if the same had occurred at the beginning of the applicable four-quarter period, have a Fixed Charge Coverage Ratio for such Person and its
Restricted Subsidiaries that would be equal to or greater than such ratio for such Person and its Restricted Subsidiaries immediately prior to such action or have a Total Leverage Ratio for such Person and its Restricted Subsidiaries that would be
equal to or lower than such ratio for such Person and its Restricted Subsidiaries immediately prior to such action; and 

  
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 (v) the Company has delivered to the Trustee an Officer’s Certificate
stating that such consolidation, amalgamation, merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture, complies with this Article and that all conditions
precedent herein provided for relating to such transaction have been complied with. 
 (b) The Company may not, directly or indirectly,
lease all or substantially all of its properties or assets, in one or more related transactions, to any other Person. 
 (c) The Company
will not permit any Note Guarantor to, directly or indirectly, (1) consolidate, amalgamate or merge with or into another Person; or (2) sell, assign, transfer, convey or otherwise dispose (collectively, “dispose”) of all
or substantially all of its properties or assets, in one or more related transactions, to another Person unless: 
 (i)
except in the case of a Note Guarantor (x) that has disposed of all or substantially all of its assets, whether through a merger, amalgamation, consolidation or sale of Capital Stock or assets or (y) that, as a result of the disposition of
all or a portion of its Capital Stock, ceases to be a Subsidiary of the Company, in both cases in compliance with Section 4.14 hereof, the resulting, surviving or transferee Person (if not such Note Guarantor) shall expressly assume, by a
guarantee agreement and applicable Collateral Documents in a form reasonably satisfactory to the Trustee, all the obligations of such Note Guarantor under its Note Guarantee; and 

(ii) immediately after such transaction, no Default or Event of Default exists. 

Notwithstanding the foregoing: (A) any Restricted Subsidiary may consolidate or amalgamate with, merge into or transfer all or part of
its properties and assets to the Company or any Note Guarantor and (B) the Company may merge or amalgamate with an Affiliate of the Company solely for the purpose of reincorporating the Company in another jurisdiction within the United States
of America, any state thereof or the District of Columbia, or Canada or any province thereof, any member state of the European Union as in effect on the Issue Date, Bermuda, Cayman Islands, any Channel Island, Singapore or Switzerland or converting
the Company into a limited liability company organized under the United States of America, any state thereof or the District of Columbia, or Canada or any province thereof, any member state of the European Union as in effect on the Issue Date,
Bermuda, Cayman Islands, any Channel Island, Singapore or Switzerland (provided that a co-obligor of the Notes is a corporation). 

Section 5.2 Successor Substituted. Upon any consolidation of the Company with, or merger or amalgamation of the Company into, any
other Person or any conveyance, transfer or lease of all or substantially all of the properties and assets of the Company in accordance with Section 5.1 hereof, the successor Person formed by such consolidation or into which the Company is
merged or to which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as
the Company herein, and thereafter, except in the case of a lease, the predecessor Person shall be relieved of all obligations and covenants under this Indenture and the Notes. 

ARTICLE 6 
 DEFAULT AND REMEDIES

 Section 6.1 Events of Default. Each of the following is an “Event of Default” with respect to the Notes:

 (a) default in the payment of any principal of (including, without limitation, any premium, if any, on) of the Notes when
the same becomes due and payable (whether at maturity, upon a Redemption Date, Change of Control Purchase Date, Purchase Date or otherwise); 

(b) default in the payment of any interest payable on Notes when the same becomes due and payable and the Default continues for
a period of 30 days; 

  
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 (c) failure by the Company or any of its Restricted Subsidiaries 

(i) to comply with any of the provisions of Sections 3.8, 3.14 or 4.14 of this Indenture, which failure remains uncured for 30
days after written notice to the Company from the Trustee or to the Company and the Trustee from the Holders of at least 25% in outstanding principal amount of the Notes; or 

(ii) to comply with the provisions described in Section 5.1 of this Indenture; 

(d) the Company or any of its Restricted Subsidiaries fails to comply with any of the other covenants contained in the Notes,
the Collateral Documents or this Indenture and the Default continues for 60 days (or 90 days in the case of the provisions of Section 4.3) after written notice to the Company from the Trustee or to the Company and the Trustee from the Holders
of at least 25% in outstanding principal amount of the Notes; 
 (e) default under any mortgage, indenture or instrument
under which there may be issued or by which there may be secured or evidenced any Indebtedness for money borrowed by the Company or any of its Restricted Subsidiaries (or the payment of which is guaranteed by the Company or any of its Restricted
Subsidiaries) whether such Indebtedness or Guarantee now exists, or is created after the date of this Indenture, if that default: 

(i) is caused by a failure to pay principal when due on such Indebtedness within any applicable grace period provided in such
Indebtedness (a “Payment Default”); or 
 (ii) results in the acceleration of such Indebtedness prior to its
express maturity, 
 and, in each case, the principal amount of any such Indebtedness, together with the principal amount of any other such
Indebtedness under which there has been a Payment Default or the maturity of which has been so accelerated, aggregates $250.0 million or more; 

(f) failure by the Company or any of its Restricted Subsidiaries to pay final
non-appealable judgments aggregating in excess of $250.0 million, which judgments are not paid, discharged, stayed or subject to insurance for a period of 60 days after becoming final; 

(g) any Note Guarantee by a Significant Subsidiary ceases to be in full force and effect in all material respects (except as
contemplated by the terms thereof) or any Note Guarantor that is a Significant Subsidiary denies or disaffirms such Note Guarantor’s obligations under this Indenture or any Note Guarantee and such Default continues for 10 days after receipt of
the notice as specified in this Indenture; 
 (h) unless such Liens have been released in accordance with the provisions of
the applicable Collateral Documents, liens with respect to all or substantially all of the Collateral cease to be valid or enforceable, or the Company shall assert or any Note Guarantor shall assert, in any pleading in any court of competent
jurisdiction, that any such security interests are invalid or unenforceable and, in the case of any such Note Guarantor, the Company fails to cause such Note Guarantor to rescind such assertions within 30 days after the Company has actual knowledge
of such assertions; 
 (i) the Company, any Restricted Subsidiary that is a Significant Subsidiary or any group of Restricted
Subsidiaries that, taken together, would constitute a Significant Subsidiary, pursuant to or within the meaning of any Bankruptcy Law: 

(i) commences a voluntary case or proceeding; 

(ii) consents to the entry of an order for relief against it in an involuntary case or proceeding; 

  
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 (iii) consents to the appointment of a Custodian of it or for all or
substantially all of its property; or 
 (iv) makes a general assignment for the benefit of its creditors; and 

(j) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(i) is for relief against the Company, any Restricted Subsidiary that is a Significant Subsidiary or any group of Restricted
Subsidiaries that, taken together, would constitute a Significant Subsidiary in an involuntary case or proceeding; 
 (ii)
appoints a Custodian of the Company, any Restricted Subsidiary that is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken together, would constitute a Significant Subsidiary or for all or substantially all of the property
of the Company, any Restricted Subsidiary that is a Significant Subsidiary or any group of Restricted Subsidiaries that, taken together, would constitute a Significant Subsidiary; or 

(iii) orders the liquidation of the Company, any Restricted Subsidiary that is a Significant Subsidiary or any group of
Restricted Subsidiaries that, taken together, would constitute a Significant Subsidiary; 
 and in each case the order or decree described in this clause
(j) remains unstayed and in effect for 60 consecutive days. 
 Any notice given pursuant to Section 6.1(d) hereof must be in
writing and must specify the Default, demand that it be remedied and state that the notice is a “Notice of Default.” When any Default under this Section 6.1 is cured, it ceases. 

Section 6.2 Acceleration. If an Event of Default (other than an Event of Default specified in clause (i) or (j) of
Section 6.1 hereof with respect to the Company) with respect to the Notes occurs and is continuing, the Trustee may, by notice to the Company, or the Holders of at least 25% in aggregate principal amount of the Notes then outstanding may, by
notice to the Company and the Trustee, declare all unpaid principal to the date of acceleration on the Notes then outstanding (if not then due and payable) to be due and payable upon any such declaration, and the same shall become and be immediately
due and payable. If an Event of Default specified in clause (i) or (j) of Section 6.1 hereof with respect to the Company occurs, all unpaid principal (including, without limitation, any premium, if any, then outstanding), and accrued
interest, if any, on the Notes then outstanding shall ipso facto become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Holder. The Holders of a majority in aggregate principal amount of
Notes then outstanding by notice to the Trustee may rescind an acceleration and its consequences if (a) all existing Events of Default, other than the nonpayment of the principal of Notes which has become due solely by such declaration of
acceleration, have been cured or waived; (b) the rescission would not conflict with any judgment or decree of a court of competent jurisdiction; and (c) all payments due to the Trustee and any predecessor Trustee under Section 7.7
hereof in respect of the Notes have been made. No such rescission shall affect any subsequent default or impair any right consequent thereto. 

Notwithstanding anything to the contrary set forth above, a notice of Default may not be given with respect to any action taken, and reported
publicly or to Holders, more than two years prior to such notice of Default. 
 If the Notes are accelerated or otherwise become due prior
to their stated maturity, in each case as a result of an Event of Default (including, but not limited to, an Event of Default specified in Section 6.1 above (including the acceleration of any portion of the Obligations evidenced by the Notes by
operation of law)), then the additional amount that shall then be due and payable on the Premium Effective Date shall be equal to: (i) one hundred percent (100.00%) of the principal amount of such Notes, plus (ii) the Applicable Premium
(collectively, the “Redemption Price”), in each case, as if such acceleration gave rise to an optional redemption of the Notes (including, for the avoidance of 

  
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doubt an optional redemption made pursuant to the terms set forth in Section 3.7) so accelerated on the Premium Effective Date. Without limiting the generality of the foregoing, it is
understood and agreed that if the Notes are accelerated or otherwise become due prior to their stated maturity, in each case, as a result of an Event of Default (including, but not limited to, an Event of Default specified in Section 6.1 above
(including the acceleration of any portion of the Indebtedness evidenced by the Notes by operation of law)), the amount by which the applicable Redemption Price exceeds the principal amount of the Notes (the “Redemption Price
Premium”) with respect to an optional redemption of the Notes shall be due and payable as though the Notes had been optionally redeemed on the Premium Effective Date and shall constitute part of the Obligations with respect to the Notes in
view of the impracticability and difficulty of ascertaining actual damages and by mutual agreement of the parties as to a reasonable calculation of lost profits of each of the holders of such Notes as a result thereof. The Redemption Price Premium
shall be presumed to be liquidated damages sustained by each holder of Notes as the result of the payment or settlement of the Notes or a claim in a proceeding described in Section 6.1 in respect of the Notes, in each case arising out of the
acceleration of the Notes, or in the event the Notes or this Indenture are satisfied, released or discharged through foreclosure after acceleration of the Notes, whether by judicial proceeding, deed in lieu of foreclosure or by any other means (the
date of such payment, settlement, satisfaction, release or discharge being the “Premium Effective Date”). 
 Any notice of
Default, notice of acceleration or instruction to the Trustee to provide a notice of Default, notice of acceleration or take any other action (a “Noteholder Direction”) provided by any one or more Holders (other than any Holder that
is a Regulated Bank) (each a “Directing Holder”) must be accompanied by a written representation from each such Holder to the Company and the Trustee that such Holder is not (or, in the case such Holder is DTC or its nominee, that
such Holder is being instructed solely by Beneficial Owners that have represented to such Holder that they are not) Net Short (a “Position Representation”), which representation, in the case of a Noteholder Direction relating to a
notice of Default shall be deemed repeated at all times until the resulting Event of Default is cured or otherwise ceases to exist or the Notes are accelerated. In addition, each Directing Holder must, at the time of providing a Noteholder
Direction, covenant to provide the Company with such other information as the Company may reasonably request from time to time in order to verify the accuracy of such Holder’s Position Representation within five Business Days of request
therefor (a “Verification Covenant”). In any case in which the Holder is DTC or its nominee, any Position Representation or Verification Covenant required hereunder shall be provided by the Beneficial Owner of such Notes in lieu of
DTC or its nominee. If, following the delivery of a Noteholder Direction, but prior to the acceleration of the Notes, the Company determines in good faith that there is a reasonable basis to believe a Directing Holder providing such Noteholder
Direction was, at any relevant time, in breach of its Position Representation and provides to the Trustee evidence that the Company has filed papers with a court of competent jurisdiction seeking a determination that such Directing Holder was, at
such time, in breach of its Position Representation, and seeking to invalidate any Event of Default that resulted from the applicable Noteholder Direction, the cure period with respect to such Event of Default shall be automatically stayed pending a
final and non-appealable determination of a court of competent jurisdiction on such matter. If, following the delivery of a Noteholder Direction, but prior to acceleration of the Notes, the Company provides to
the Trustee an Officer’s Certificate stating that a Directing Holder failed to satisfy its Verification Covenant, the cure period with respect to any Event of Default that resulted from the applicable Noteholder Direction shall be automatically
stayed pending satisfaction of such Verification Covenant. Any breach of the Position Representation shall result in such Holder’s participation in such Noteholder Direction being disregarded; and, if, without the participation of such Holder,
the percentage of the Notes held by the remaining Holders that provided such Noteholder Direction would have been insufficient to validly provide such Noteholder Direction, such Noteholder Direction shall be void ab initio, with the effect that such
Event of Default shall be deemed never to have occurred. In addition, for the avoidance of doubt, this paragraph shall not apply to any Holder that is a Regulated Bank; provided that if a Regulated Bank is a Directing Holder or a Beneficial
Owner directing DTC, it shall provide a written representation to the Company that it is a Regulated Bank. 
 For the avoidance of doubt,
the Trustee shall be entitled to conclusively rely without liability on any Noteholder Direction delivered to it in accordance with this Indenture, shall have no duty to inquire as to or investigate the accuracy of any Position Representation,
enforce compliance with any Verification Covenant, verify any statements in any Officer’s Certificate delivered to it, or otherwise make calculations, investigations or determinations with respect to Derivative Instruments, Net Shorts, Long
Derivative Instruments, Short Derivative Instruments or otherwise and shall have no liability for ceasing to take any action or staying any remedy. The Trustee shall have no liability to the Company, any Holder or any other Person in acting in good
faith on a Noteholder Direction or taking no action in good faith with respect thereto, or for determining whether any Holder has delivered a Position Representation, such Position Representation conforms with the requirements of this Indenture or
any other agreement or any Holder is a Regulated Bank. 

  
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 Section 6.3 Other Remedies. If an Event of Default occurs and is continuing in
respect of the Notes, the Trustee may, but shall not be obligated to, pursue any available remedy by proceeding at law or in equity to collect the payment of the principal of or interest on the Notes or to enforce the performance of any provision of
such Notes or this Indenture. 
 The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any
of them in the proceeding. A delay or omission by the Trustee or any Noteholder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of
Default. No remedy is exclusive of any other remedy. All available remedies are cumulative to the extent permitted by law. 

Section 6.4 Waiver of Defaults and Events of Default. Subject to Sections 6.7 and 9.2 hereof, the Holders of a majority in
aggregate principal amount of the Notes then outstanding by notice to the Trustee may waive an existing Default or Event of Default and its consequences, except a Default or Event of Default in the payment of the principal of, premium, if any, or
interest on any Notes when due or any Default or Event of Default in respect of any provision of this Indenture or the Notes which, under Section 9.2 hereof, cannot be modified or amended without the consent of the Holder of each Note affected
(with respect to any Notes held by a non-consenting Holder). When a Default or Event of Default is waived, it is cured and ceases. 

Section 6.5 Control by Majority. The Holders of a majority in aggregate principal amount of the Notes then outstanding may direct
the time, method and place of conducting any proceeding for exercising any remedy or power available to the Trustee or exercising any trust or power conferred on it. However, the Trustee may refuse to follow any direction that it determines, in
consultation with its counsel conflicts with law or this Indenture, that the Trustee determines may be unduly prejudicial to the rights of another Holder of Notes or the Trustee, or that may involve the Trustee in personal liability unless the
Trustee is offered indemnity satisfactory to it; provided, however, that the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction. 

Section 6.6 Limitations on Suits. A Holder may not pursue any remedy with respect to this Indenture or the Notes (except actions
for payment of overdue principal, premium, if any, or interest) unless: 
 (a) the Holder gives to the Trustee written notice
of a continuing Event of Default; 
 (b) the Holders of at least 25% in aggregate principal amount of the then outstanding
Notes make a written request to the Trustee to pursue the remedy; 
 (c) such Holder or Holders offer to the Trustee
reasonable indemnity satisfactory to the Trustee against any loss, liability or expense; 
 (d) the Trustee does not comply
with the request within 60 days after receipt of the request and the offer of indemnity; and 
 (e) no direction inconsistent
with such written request has been given to the Trustee during such 60-day period by the Holders of a majority in aggregate principal amount of the Notes. 

Section 6.7 Rights of Holders to Receive Payment. Notwithstanding any other provision of this Indenture, with respect to the
Notes, the contractual right of any Holder of a Note to receive payment of the principal of, or interest on such Note, on or after the respective due dates expressed in such Note and this Indenture and to bring suit for the enforcement of any such
payment on or after such respective dates, is absolute and unconditional and shall not be impaired or affected without the consent of the Holder. 

  
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 Section 6.8 Collection Suit by Trustee. If an Event of Default in the payment of
principal or interest specified in clause (a) or (b) of Section 6.1 hereof occurs and is continuing with respect to the Notes, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company or
another obligor on the Notes for the whole amount of principal and accrued interest remaining unpaid, together with, to the extent that payment of such interest is lawful, interest on overdue principal and overdue installments of interest, in each
case at a rate equal to the interest rate then in effect on such Note and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the
Trustee, its agents and counsel. 
 Section 6.9 Trustee May File Proofs of Claim. The Trustee may file such proofs of claim and
other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and the Holders
allowed in any judicial proceedings relative to the Company (or any other obligor on the Notes), its creditors or its property and shall be entitled and empowered to collect and receive any money or other property payable or deliverable on any such
claims and to distribute the same, and any Custodian in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to
the Holders, to pay to the Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.7 hereof, and to the
extent that such payment of the reasonable compensation, expenses, disbursements and advances in any such proceedings shall be denied for any reason, payment of the same shall be secured by a lien on, and shall be paid out of, any and all
distributions, dividends, money, securities and other property which the Holders may be entitled to receive in such proceedings, whether in liquidation or under any plan of reorganization or arrangement or otherwise. Nothing herein contained shall
be deemed to authorize the Trustee to authorize or consent to, or, on behalf of any Holder, to authorize, accept or adopt any plan of reorganization, arrangement, adjustment or composition affecting the Notes or the rights of any Holder thereof, or
to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding. 
 Section 6.10 Priorities. If
the Trustee collects any money pursuant to this Article 6, including upon realization of the Collateral, but subject to the First Lien Intercreditor Agreement, it shall pay out the money in the following order: 

First, to the Trustee for amounts due under Section 7.7 hereof; 

Second, to Holders for amounts due and unpaid on the Notes for principal and interest ratably, without preference or
priority of any kind, according to the amounts due and payable on such Notes for principal and interest respectively; and 

Third, to the extent of any excess of such proceeds to the payment to or upon the order of the applicable Grantor or to
whosoever may be lawfully entitled to receive the same or as a court of competent jurisdiction may direct. 
 The Trustee may fix a record
date and payment date for any payment to Holders pursuant to this Section 6.10. 
 Section 6.11 Undertaking for Costs. In
any suit for the enforcement of any right or remedy under this Indenture or in any suit against the Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an
undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of
the claims or defenses made by the party litigant. This Section 6.11 does not apply to a suit made by the Trustee, a suit by a Holder pursuant to Section 6.7 hereof, or a suit by Holders of more than 10% in aggregate principal amount of
the Notes then outstanding. 

  
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 ARTICLE 7 

TRUSTEE 
 Section 7.1
Duties of Trustee. 
 (a) If an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and
powers vested in it by this Indenture and use the same degree of care and skill in its exercise as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs. 

(b) Except during the continuance of an Event of Default: 

(A) the Trustee need perform only those duties as are specifically set forth in this Indenture and no others; and 

(B) in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the
correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. The Trustee, however, shall examine any certificates and opinions which by any provision
hereof are specifically required to be delivered to the Trustee to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts stated
therein). 
 (c) The Trustee may not be relieved from liability for its own negligent action, its own negligent failure to act, or its own
willful misconduct, except that: 
 (A) this paragraph does not limit the effect of subsection (b) of this
Section 7.1; 
 (B) the Trustee shall not be liable for any error of judgment made in good faith by a Trust Officer,
unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; and 
 (C) the Trustee shall not be
liable with respect to any action it takes or omits to take in good faith in accordance with a direction received by it pursuant to Section 6.5 hereof. 

(d) No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the
performance of any of its duties hereunder or in the exercise of any of its rights or powers unless the Trustee shall have received satisfactory indemnity in its opinion against potential costs and liabilities incurred by it relating thereto. 

(e) Every provision of this Indenture that in any way relates to the Trustee is subject to subsections (a), (b), (c) and (d) of this
Section 7.1. 
 (f) The Trustee shall not be liable for interest on any money received by it except as the Trustee may
agree in writing with the Company. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law. 

Section 7.2 Rights of Trustee. Subject to Section 7.1 hereof: 

(a) The Trustee may rely conclusively on any document believed by it to be genuine and to have been signed or presented by the
proper person. The Trustee need not investigate any fact or matter stated in the document. 
 (b) Before the Trustee acts or
refrains from acting, it may require an Officer’s Certificate or an Opinion of Counsel (or both), which shall conform to Section 11.4(b) hereof. The Trustee shall not be liable for any action it takes or omits to take in good faith in
reliance on such Officer’s Certificate or Opinion of Counsel. 

  
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 (c) The Trustee may act through its agents and shall not be responsible for
the misconduct or negligence of any agent appointed with due care. 
 (d) The Trustee shall not be liable for any action it
takes or omits to take in good faith which it believes to be authorized or within its rights or powers. 
 (e) The Trustee
may consult with counsel of its selection, and the advice or opinion of such counsel as to matters of law shall be full and complete authorization and protection in respect of any such action taken, omitted or suffered by it hereunder in good faith
and in accordance with the advice or opinion of such counsel. 
 (f) The Trustee shall be under no obligation to exercise any
of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee security or indemnity satisfactory to the Trustee against the
costs, expenses and liabilities which might be incurred by it in compliance with such request or direction. 
 (g) The
Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of
indebtedness or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or
investigation, it shall be entitled to examine the books, records and premises of the Company, personally or by agent or attorney at the sole cost of the Company and shall incur no liability or additional liability of any kind by reason of such
inquiry or investigation. 
 (h) The Trustee shall not be deemed to have notice of any Default or Event of Default unless
written notice of any event which is in fact such a default is received by a responsible Trust Officer of the Trustee at the Corporate Trust Office, and such notice references the Notes and this Indenture. The Trustee shall not be responsible for
monitoring the value of any collateral that is released from the Liens hereunder. 
 (i) The rights, privileges, protections,
immunities and benefits given to BNY Mellon as Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, BNY Mellon in each of its capacities hereunder, including as Registrar, Paying Agent
and Notes Collateral Agent, and to each agent, custodian and other Person employed to act hereunder. 
 (j) In no event shall
the Trustee be responsible or liable for special, punitive, indirect, or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of
such loss or damage and regardless of the form of action. 
 (k) In no event shall the Trustee be responsible or liable for
any failure or delay in the performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil
or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, any epidemics, pandemics or similar outbreaks of infectious disease, loss or malfunctions of utilities, communications or computer (software and hardware)
services; it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances. 

Section 7.3 Individual Rights of Trustee. The Trustee in its individual or any other capacity may become the owner or pledgee of
Notes and may otherwise deal with the Company or an Affiliate of the Company with the same rights it would have if it were not Trustee. Any Agent may do the same with like rights. However, the Trustee is subject to Sections 7.10 and 7.11 hereof.

  
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 Section 7.4 Trustee’s Disclaimer. The Trustee makes no
representation as to the validity or adequacy of this Indenture or the Notes, it shall not be accountable for the Company’s use of the proceeds from the Notes, and it shall not be responsible for any statement in the Notes other than its
certificate of authentication. 
 Section 7.5 Notice of Default or Events of Default. If a Default or an Event of Default occurs
and is continuing and if a Trust Officer of the Trustee has received written notice of such Default or Event of Default at its Corporate Trust Office and such notice references the Notes and this Indenture, the Trustee shall notify each Noteholder
of the Default or Event of Default within 90 days after it is known by the Trustee. However, the Trustee may withhold the notice if and so long as a committee of its Trust Officers in good faith determines that withholding notice is in the interests
of Noteholders, except in the case of a Default or an Event of Default in payment of the principal (including premium, if any) of or interest on any Note. 

Section 7.6 [Reserved]. 

Section 7.7 Compensation and Indemnity. The Company shall pay to the Trustee from time to time such compensation (as agreed to
from time to time by the Company and the Trustee in writing) for its services (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust). The Company shall reimburse the Trustee
upon request for all reasonable disbursements, expenses and advances incurred or made by it. Such expenses may include the reasonable compensation, disbursements and expenses of the Trustee’s agents and counsel. 

Each of the Company and each Guarantor, jointly and severally, shall indemnify the Trustee or any predecessor Trustee (which for purposes of
this Section 7.7 shall include its officers, directors, employees and agents) for, and hold it harmless against, any and all loss, liability or expense including taxes (other than taxes based upon, measured by or determined by the income of the
Trustee), (including reasonable legal fees and expenses) incurred by it in connection with the acceptance or administration of its duties under this Indenture or any action or failure to act as authorized or within the discretion or rights or powers
conferred upon the Trustee hereunder or thereunder including the reasonable costs and expenses of the Trustee and its counsel in defending itself against any claim or liability in connection with the exercise or performance of any of its powers or
duties hereunder or thereunder. The Trustee shall notify the Company promptly of any claim asserted against the Trustee for which it may seek indemnity. The Company need not pay for any settlement effected without its prior written consent, which
shall not be unreasonably withheld. 
 The Company need not reimburse the Trustee for any expense or indemnify it against any loss or
liability determined by a court of competent jurisdiction to have been caused by its own gross negligence or willful misconduct. 
 To
secure the Company’s payment obligations in this Section 7.7, the Trustee shall have a senior claim to that of the Notes and to which the Notes are hereby made subordinate on all money or property held or collected by the Trustee, except
such money or property held in trust to pay the principal of and interest on the Notes. The obligations of the Company under this Section 7.7 shall survive the satisfaction and discharge of this Indenture or the resignation or removal of the
Trustee. 
 When the Trustee incurs expenses or renders services after an Event of Default specified in clause (i) or (j) of
Section 6.1 hereof occurs, the expenses and the compensation for the services are intended to constitute expenses of administration under any Bankruptcy Law to the extent permitted by law. The provisions of this Section shall survive the
termination of this Indenture. 
 Section 7.8 Replacement of Trustee. The Trustee may resign by so notifying the Company. The
Holders of a majority in aggregate principal amount of the Notes then outstanding may remove the Trustee by so notifying the Trustee. The Company may remove the Trustee if: 

(a) the Trustee fails to comply with Section 7.10 hereof; 

(b) the Trustee is adjudged a bankrupt or an insolvent; 

  
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 (c) a Custodian or other public officer takes charge of the Trustee or its
property; or 
 (d) the Trustee becomes incapable of acting. 

If the Trustee resigns or is removed or if a vacancy exists in the office of the Trustee for any reason, the Company shall promptly appoint a
successor Trustee. The resignation or removal of a Trustee shall not be effective until a successor Trustee shall have delivered the written acceptance of its appointment as described below. 

If a successor Trustee does not take office within 45 days after the retiring Trustee resigns or is removed, the retiring Trustee, the Company
or the Holders of 10% in principal amount of the Notes then outstanding may petition any court of competent jurisdiction for the appointment of a successor Trustee at the expense of the Company. 

If the Trustee fails to comply with Section 7.10 hereof, any Holder may petition any court of competent jurisdiction for the removal of
the Trustee and the appointment of a successor Trustee. 
 A successor Trustee shall deliver a written acceptance of its appointment to the
retiring Trustee and to the Company. Immediately after that, the retiring Trustee, upon payment of its charges hereunder, shall transfer all property held by it as Trustee of the Notes to the successor Trustee and be released from its obligations
(exclusive of any liabilities that the retiring Trustee may have incurred while acting as Trustee) hereunder, the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and
duties of the Trustee of the Notes under this Indenture. A successor Trustee shall mail notice of its succession to each affected Holder. 

A retiring Trustee shall not be liable for the acts or omissions of any successor Trustee after its succession. 

Notwithstanding replacement of the Trustee pursuant to this Section 7.8, the Company’s obligations under Section 7.7 hereof
shall continue for the benefit of the retiring Trustee. 
 Section 7.9 Successor Trustee by Merger, Etc. If the Trustee
consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust assets (including the administration of this Indenture) to, another corporation, the resulting, surviving or transferee corporation, without any
further act, shall be the successor Trustee, provided such transferee corporation shall qualify and be eligible under Section 7.10 hereof. Such successor Trustee shall promptly mail notice of its succession to the Company and each
affected Holder. 
 Section 7.10 Eligibility; Disqualification. The Trustee shall always satisfy the requirements of paragraphs
(1), (2) and (5) of TIA Section 310(a). The Trustee (or its parent holding company) shall have a combined capital and surplus of at least $50 million. If at any time the Trustee shall cease to satisfy any such requirements, it shall
resign immediately in the manner and with the effect specified in this Article 7. The Trustee shall be subject to the provisions of TIA Section 310(b). 

Section 7.11 Preferential Collection of Claims Against the Company. The Trustee shall comply with TIA Section 311(a),
excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein. 

Section 7.12 Collateral Documents; Intercreditor Agreements. By their acceptance of the Notes, the Holders hereby
authorize and direct the Trustee and Notes Collateral Agents, as the case may be, to execute and deliver the First Lien Intercreditor Agreement (and any other applicable intercreditor agreements referred to herein from time to time) and any other
Collateral Documents in which the Trustee or the Notes Collateral Agents, as applicable, is named as a party, including any Collateral Documents executed after the Issue Date. It is hereby expressly acknowledged and agreed that, in doing so, the
Trustee and the Notes Collateral Agents are (a) expressly authorized to make the representations attributed to Holders in any such agreements and (b) not responsible for the terms or contents of such agreements, or for the validity or
enforceability thereof, or the sufficiency thereof for any purpose. Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, the First Lien Intercreditor Agreements (or any other applicable
intercreditor agreements referred to herein 

  
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from time to time) or any other Collateral Documents, the Trustee and the Notes Collateral Agents each shall have all of the rights, immunities, indemnities and other protections granted to it
under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements). Each of the Holders by acceptance of the Notes agrees that upon the Notes Collateral Agents’ entry into the First Lien
Intercreditor Agreement, the Holders shall be subject to and bound by the provisions of the First Lien Intercreditor Agreement in their capacity as holders of Senior Class Debt and Additional First Lien Secured Parties (as each such term is
defined in the First Lien Intercreditor Agreement). 
 ARTICLE 8 

DEFEASANCE; SATISFACTION AND 

DISCHARGE OF INDENTURE 

Section 8.1 Satisfaction and Discharge of Indenture. This Indenture shall cease to be of further effect with respect to the Notes
and all Note Guarantees and Liens on Collateral securing the Notes will be released, and the Trustee, on demand of and at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture and
release of such Guarantees and Liens, when 
 (a) either 

(i) all Notes theretofore authenticated and delivered (other than (i) Notes which have been destroyed, lost or stolen and
which have been replaced or paid as provided in Section 2.7 hereof and (ii) Notes for whose payment money has theretofore been deposited in trust and thereafter repaid to the Company as provided in Section 8.5 hereof) have been
delivered to the Trustee for cancellation; or 
 (ii) all Notes not theretofore delivered to the Trustee for cancellation
have become due and payable by reason of the mailing or transmission of a notice of redemption or otherwise or will become due and payable within one year and the Company has irrevocably deposited or caused to be irrevocably deposited cash in U.S.
dollars, non-callable Government Securities or a combination thereof with the Trustee or a Paying Agent (other than the Company or any of their Affiliates) as trust funds in trust for the purpose of and in an
amount sufficient, without consideration of any reinvestment of interest, to pay and discharge the entire indebtedness on the Notes not theretofore delivered to the Trustee for cancellation, for principal, premium, if any, and accrued interest to
the date of maturity or redemption, provided that with respect to any redemption that requires the payment of the Applicable Premium, the amount deposited shall be sufficient for purpose of this Indenture to the extent that an amount is
deposited with the Trustee equal to the Applicable Premium calculated by the Company as of the date of the notice of redemption, with any Applicable Premium deficit only required to be deposited with the Trustee on or prior to the date of
redemption; 
 (b) no Default or Event of Default has occurred and is continuing on the date of the deposit or will occur as
a result of the deposit and the deposit will not result in a breach or violation of or constitute a default under, any other instrument to which the Company is a party or by which the Company is bound, and as to which the rights of the other parties
thereto are senior to those of the Holders; 
 (c) the Company has paid or caused to be paid all other sums payable hereunder
by the Company; 
 (d) the Company has delivered irrevocable instructions to the Trustee to apply the deposited money toward
payment of the Notes at maturity or Redemption Date, as the case may be; and 
 (e) the Company has delivered to the Trustee
an Officer’s Certificate and an Opinion of Counsel, each stating that all conditions precedent herein relating to the satisfaction and discharge of this Indenture have been complied with. 

  
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 Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the
Company to the Trustee under Section 7.7 hereof shall survive and, if cash in U.S. dollars, non-callable Government Securities or a combination thereof shall have been deposited with the Trustee pursuant
to subclause (ii) of clause (a) of this Section, the provisions of Sections 2.3, 2.4, 2.5, 2.6, 2.7, 2.12, 4.2 and 7.8, this Article 8 and Section 11.5, shall survive until the Notes have been paid in full. 

Section 8.2 Legal Defeasance. The Company and the Note Guarantors shall be deemed to have paid and will be discharged from any and
all obligations in respect of this Indenture and the Notes and the related Note Guarantees and have Liens on the Collateral securing the Notes released on the date of the deposit referred to in clause (a) of this Section 8.2, and the
provisions of this Indenture shall no longer be in effect (“Legal Defeasance”), and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging the same, except for the following provisions, which
shall survive until otherwise terminated or discharged hereunder: (i) the rights of Holders of outstanding Notes to receive solely from the trust fund described in clause (a) below payments in respect of the principal of, premium, if any,
and interest on the Notes when such payments are due, (ii) the Company’s obligations with respect to the Notes under Article 2 and Section 4.2 hereof, (iii) the rights, powers, trusts, duties, indemnities and immunities of the
Trustee hereunder, including, without limitation, Section 7.7 hereof and the Company’s obligations in connection therewith and (iv) this Section 8.2. Subject to compliance with this Section 8.2, the Company may exercise its
option under this Section 8.2 notwithstanding the prior exercise of its option under Section 8.3 hereof. The following conditions shall apply to Legal Defeasance: 

(a) the Company shall have irrevocably deposited with the Trustee, in trust, for the benefit of the Holders of the Notes, cash
in U.S. dollars, Government Securities, or a combination thereof, in such amounts as shall be sufficient, in the opinion of a nationally recognized firm of independent public accountants, to pay the principal of, or interest and premium, if any, on
the outstanding Notes on the Stated Maturity or on the applicable Redemption Date, as the case may be, and the Company must specify whether the Notes are being defeased to their Stated Maturity or to a particular Redemption Date; 

(b) the Company shall have delivered to the Trustee an Opinion of Counsel (based on a ruling received from or published by the
United States Internal Revenue Service or a change in the applicable U.S. federal income tax law since the date of this Indenture) in the United States reasonably acceptable to the Trustee to the effect that the Beneficial Owners of the outstanding
Notes will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such Legal Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would have been
the case if such Legal Defeasance had not occurred; 
 (c) the Company shall have delivered to the Trustee either (i) an
Opinion of Counsel in Canada reasonably acceptable to the Trustee to the effect that, based upon Canadian law then in effect and having regard to any applicable proposed amendments thereto which have been publicly announced prior to the date of such
defeasance, the Beneficial Owners of the outstanding Notes will not recognize income, gain or loss for Canadian federal, provincial or territorial or other tax purposes, as a result of such Legal Defeasance and will be subject to Canadian taxes on
the same amounts and in the same manner and at the same time as would have been the case if such Legal Defeasance had not occurred or (ii) a ruling directed to the Trustee received from tax authorities of Canada to the same effect as the
Opinion of Counsel described in clause (i) above; 
 (d) no Default or Event of Default shall have occurred and be
continuing on the date of such deposit (other than a Default or an Event of Default resulting from the borrowing of funds to be applied to such deposit); 

(e) the Legal Defeasance shall not result in a breach or violation of, or constitute a default under, any material agreement or
instrument (other than this Indenture) to which the Company or any of its Subsidiaries is a party or by which the Company or any of its Subsidiaries is bound; and 

(f) the Company must deliver to the Trustee an Officer’s Certificate and an Opinion of Counsel, each stating that all
conditions precedent relating to the Legal Defeasance have been complied with. 

  
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 After any such irrevocable deposit, the Trustee upon request shall acknowledge in writing
the discharge of the Company’s obligations under the Notes and this Indenture except for those surviving obligations in the immediately preceding paragraph. 

Notwithstanding the foregoing, the Opinion of Counsel required by Section 8.2(b) hereof with respect to a Legal Defeasance need not be
delivered if all Notes not theretofore delivered to the Trustee for cancellation (1) have become due and payable or (2) shall become due and payable upon maturity or redemption within one year under arrangements satisfactory to the Trustee
for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company. 
 Section 8.3 Covenant
Defeasance. The Company may omit to comply with any term, provision or condition set forth in clause (iv) of Section 5.1(a) hereof, and the Company and its Restricted Subsidiaries may omit to comply with any term, provision or
condition set forth in Section 3.8, Section 4.3, Sections 4.8 through 4.17 hereof and any breach of clauses (c), (d), (e), (f) or (g) of Section 6.1 hereof, or with respect to Significant Subsidiaries only, clauses (i) or
(j) under Section 6.1 hereof shall be deemed not to be an Event of Default and all Guarantees and Liens shall be released on the date of deposit referred to in clause (a) of this Section 8.3 (“Covenant Defeasance”),
if in each case: 
 (a) the Company shall have irrevocably deposited with the Trustee, in trust, for the benefit of the
Holders of the Notes, cash in U.S. dollars, Government Securities, or a combination thereof, in such amounts as shall be sufficient, in the opinion of a nationally recognized firm of independent public accountants, to pay the principal of, or
interest and premium, if any, on the outstanding Notes on the Stated Maturity or on the applicable Redemption Date, as the case may be, and the Company must specify whether the Notes are being defeased to their Stated Maturity or to a particular
Redemption Date; 
 (b) the Company shall have delivered to the Trustee an Opinion of Counsel in the United States reasonably
acceptable to such Trustee confirming that the Beneficial Owners of the outstanding Notes will not recognize income, gain or loss for U.S. federal income tax purposes as a result of such Covenant Defeasance and will be subject to U.S. federal income
tax on the same amounts, in the same manner and at the same times as would have been the case if the Covenant Defeasance had not occurred; 

(c) the Company shall have delivered to the Trustee either (i) an Opinion of Counsel in Canada reasonably acceptable to
the Trustee, to the effect that, based upon Canadian law then in effect and having regard to any applicable proposed amendments thereto which have been publicly announced prior to the date of such defeasance, the Beneficial Owners of the outstanding
Notes will not recognize income, gain or loss for Canadian federal, provincial or territorial or other tax purposes, as a result of such Covenant Defeasance and will be subject to Canadian taxes on the same amounts and in the same manner and at the
same time as would have been the case if such Covenant Defeasance had not occurred or (ii) a ruling directed to the Trustee received from tax authorities of Canada to the same effect as the Opinion of Counsel described in clause (i) above;

 (d) no Default or Event of Default shall have occurred and be continuing on the date of such deposit (other than a Default
or Event of Default resulting from the borrowing of funds to be applied to such deposit); 
 (e) the Covenant Defeasance
shall not result in a breach or violation of, or constitute a default under any material agreement or instrument (other than this Indenture) to which the Company or any of its Subsidiaries is a party or by which the Company or any of its
Subsidiaries is bound; and 
 (f) the Company must deliver to the Trustee an Officer’s Certificate and an Opinion of
Counsel, each stating that all conditions precedent relating to the Covenant Defeasance have been complied with. 

  
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 If the funds deposited with the Trustee to effect Covenant Defeasance are insufficient to
pay the principal of and interest on the Notes when due, then the obligations of the Company and the Note Guarantors under this Indenture will be revived and no such defeasance will be deemed to have occurred. 

Notwithstanding the foregoing, the Opinion of Counsel required by Section 8.3(b) hereof with respect to a Covenant Defeasance need not be
delivered if all Notes not theretofore delivered to the Trustee for cancellation (1) have become due and payable or (2) shall become due and payable upon maturity or redemption within one year under arrangements satisfactory to the Trustee
for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company. 
 Section 8.4 Application of
Trust Money. Subject to the provisions of Section 8.5 hereof, the Trustee or a Paying Agent shall hold in trust, for the benefit of the Holders, all money deposited with it pursuant to Section 8.1, 8.2 or 8.3 hereof and shall apply the
deposited money in accordance with this Indenture and the Notes to the payment of the principal of and interest on the Notes. 

Section 8.5 Repayment to the Company. The Trustee and each Paying Agent shall promptly pay to the Company upon request any excess
money (i) deposited with them pursuant to Section 8.1, 8.2 or 8.3 hereof and (ii) held by them at any time. 
 The Trustee
and each Paying Agent shall pay to the Company upon request any money held by them for the payment of principal or interest that remains unclaimed for two years after a right to such money has matured; provided, however, that the
Trustee or such Paying Agent, before being required to make any such payment, may at the expense of the Company cause to be mailed to each Holder entitled to such money notice that such money remains unclaimed and that after a date specified
therein, which shall be at least 30 days from the date of such mailing, any unclaimed balance of such money then remaining will be repaid to the Company. After payment to the Company, Holders entitled to money must look to the Company for payment as
general creditors unless an applicable abandoned property law designates another person. 
 Section 8.6 Reinstatement. If the
Trustee or any Paying Agent is unable to apply any money in accordance with Section 8.5 hereof by reason of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise
prohibiting such application, then the Company’s obligations under this Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 8.1, 8.2 or 8.3 hereof until such time as the Trustee or
such Paying Agent is permitted to apply all such money or Government Securities in accordance with Section 8.4 hereof; provided, however, that if the Company has made any payment of the principal of or interest on any Notes
because of the reinstatement of its obligations, the Company shall be subrogated to the rights of the Holders of such Notes to receive any such payment from the money or Government Securities held by the Trustee or such Paying Agent. 

ARTICLE 9 
 AMENDMENTS,
SUPPLEMENTS AND WAIVERS 
 Section 9.1 Without Consent of Holders. The Company and the Trustee may amend or supplement this
Indenture and any Collateral Document with respect to the Notes without notice to or consent of any Holder of Notes: 
 (a)
to comply with Section 5.1 hereof; 
 (b) to cure any ambiguity, defect or inconsistency; 

(c) to provide for uncertificated Notes in addition to or in place of certificated Notes; 

(d) to provide for the assumption of the Company’s or any Note Guarantor’s obligations to Holders of Notes in the
case of a consolidation or merger or sale of all or substantially all of the Company’s or a Note Guarantor’s assets; 

  
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 (e) to make any change that would provide any additional rights or benefits
to the Holders of Notes or that does not adversely affect the legal rights under this Indenture of any such Holder of Notes; 

(f) to comply with requirements of the SEC in order to effect or maintain the qualification of this Indenture under the TIA;

 (g) to conform the text of this Indenture, the Notes, the Note Guarantees, the Collateral Documents or the Intercreditor
Agreements to any provision of the section of the Offering Memorandum captioned “Description of the New First Lien Notes”; 

(h) to provide for the issuance of Additional Notes in accordance with the limitations set forth in this Indenture as of the
date hereof; 
 (i) to add additional Note Guarantees with respect to the Notes or to confirm and evidence the release,
termination or discharge of any Note Guarantee with respect to such Notes when such release, termination or discharge is permitted under this Indenture; 

(j) to secure the Notes or the Note Guarantees or to add additional assets as Collateral; 

(k) to release Collateral from the Lien pursuant to this Indenture, the Collateral Documents and the First Lien Intercreditor
Agreement when permitted or required by this Indenture, the Collateral Documents or the First Lien Intercreditor Agreement; or 

(l) to appoint a successor Trustee. 

In addition, the Company, the Trustee and the Notes Collateral Agents may (i) amend the First Lien Intercreditor Agreement and the
Collateral Documents to provide for the addition of any creditors or obligations to such agreements to the extent a pari passu lien for the benefit of such creditor is permitted by the terms of this Indenture and (ii) may enter into an
intercreditor agreement with creditors for whom a junior lien on the Collateral is to be granted, provided the Company delivers an Officer’s Certificate to the Trustee and Notes Collateral Agents certifying that the terms thereof are
customary and that the Trustee and the Notes Collateral Agents are authorized to enter into an intercreditor agreement. Upon delivery of the aforementioned Officer’s Certificate, the Trustee and the Notes Collateral Agents may request an
opinion of counsel stating that they are authorized to enter into an intercreditor agreement. 
 Section 9.2 With Consent of
Holders. The Company and the Trustee may amend or supplement this Indenture, the Notes and the Collateral Documents with the written consent of the Holders of at least a majority in aggregate principal amount of the Notes then outstanding
(including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, Notes). The Holders of at least a majority in aggregate principal amount of the Notes then outstanding may waive compliance in
a particular instance by the Company with any provision of this Indenture, such Notes or the Collateral Documents without notice to any Holder (including, without limitation, consents obtained in connection with a purchase of, or tender offer or
exchange offer for, the Notes). However, notwithstanding the foregoing but subject to Section 9.4 hereof, without the written consent of each Holder of Notes affected hereby, an amendment, supplement or waiver, including a waiver pursuant to
Section 6.4 hereof, may not (with respect to any Notes held by a non-consenting Holder): 

(a) reduce the principal amount of such Notes whose Holders must consent to an amendment, supplement or waiver; 

(b) reduce the principal of or change the Stated Maturity of any such Note or alter the provisions with respect to the
redemption of such Notes (excluding, for the avoidance of doubt, provisions relating to Sections 3.8, 3.14 and 4.14 hereof); 

(c) reduce the rate of or change the time for payment of interest on any such Note; 

  
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 (d) make any such Note payable in money other than U.S. dollars; 

(e) make any change in the provisions of this Indenture relating to waivers of past Defaults or the rights of Holders of such
Notes to receive payments of principal of, or interest or premium, if any, on such Notes; 
 (f) waive a redemption payment
with respect to any such Note (excluding, for the avoidance of doubt, a payment required by Sections 3.8, 3.14 and 4.14 hereof); 

(g) impair the right to institute suit for the enforcement of any payment on or with respect to such Notes; 

(h) modify the Note Guarantees with respect to such Notes in any manner adverse to the Holders of such Notes; or 

(i) make any change in the preceding amendment and waiver provisions with respect to the Notes; 

provided that the written consent of the Holders of at least a majority in aggregate principal amount of the Notes then outstanding shall be required.

 In addition, except as set forth in Section 10.5 hereof, without the consent of Holders of at least
662⁄3% in principal amount of the Notes then outstanding (including, without limitation, consents obtained in connection with a purchase of, or tender offer or
exchange offer for, Notes), (i) no amendment or supplement may release the Note Guarantees with respect to the Notes and (ii) no amendment or supplement may modify any Collateral Documents or the provisions in this Indenture dealing with
Collateral or the Collateral Documents to the extent that such amendment or supplement would have the effect of releasing all or substantially all of the Liens securing the Notes (except as permitted by the terms of this Indenture and the Collateral
Documents) or change or alter the priority of the security interests in the Collateral (unless otherwise expressly permitted hereunder). 

It shall not be necessary for the consent of the Holders under this Section 9.2 to approve the particular form of any proposed amendment,
supplement or waiver, but it shall be sufficient if such consent approves the substance thereof. 
 Section 9.3 Notice of Amendment,
Supplement or Waiver. After an amendment, supplement or waiver under Section 9.1 or Section 9.2 becomes effective, the Company shall mail to the Holders affected thereby a notice briefly describing the amendment, supplement or waiver.
Any failure of the Company to mail such notice, or any defect therein, shall not, however, in any way impair or affect the validity of any such amendment, supplement or waiver. 

Section 9.4 Revocation and Effect of Consents. Until an amendment, supplement or waiver becomes effective, a consent to it by a
Holder is a continuing consent by the Holder and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent is not made on any Note. However, any such
Holder or subsequent Holder may revoke the consent as to its Note or portion of a Note if the Trustee receives the notice of revocation before the date the amendment, supplement or waiver becomes effective. 

After an amendment, supplement or waiver becomes effective, it shall bind every Holder, unless it makes a change described in any of clauses
(a) through (i) of Section 9.2 hereof. In that case the amendment, supplement or waiver shall bind each Holder of a Note who has consented to it and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the
consenting Holder’s Note. 
 Section 9.5 Notation on or Exchange of Notes. If an amendment, supplement or waiver changes
the terms of a Note, the Trustee may require the Holder of the Note to deliver it to the Trustee. The Trustee may place an appropriate notation on the Note about the changed terms and return it to the Holder. Alternatively, if the Company or the
Trustee so determines, the Company in exchange for the Note shall issue and the Trustee shall authenticate a new Note that reflects the changed terms. 

  
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 Section 9.6 Trustee to Sign Amendments, Etc. The Trustee shall sign any
amendment or supplemental indenture authorized pursuant to this Article 9 if the amendment or supplemental indenture does not adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may, in its sole
discretion, but need not sign it. In signing or refusing to sign such amendment or supplemental indenture, the Trustee shall be provided with and, subject to Section 7.1 hereof, shall be fully protected in relying upon, an Opinion of Counsel
and an Officer’s Certificate stating that such amendment or supplemental indenture is authorized or permitted by this Indenture and all conditions precedent in this Indenture to such execution have been complied with. The Company may not sign
an amendment or supplemental indenture until its Board of Directors approves it in writing. 
 Section 9.7 Effect of Supplemental
Indentures. Upon the execution of any supplemental indenture under this Article 9, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder
of Notes theretofore or thereafter authenticated and delivered hereunder shall be bound thereby. 
 ARTICLE 10 

NOTE GUARANTEES 

Section 10.1 Note Guarantees. 

(a) Each of the Note Guarantors, jointly and severally, hereby unconditionally Guarantees (and subject in each case to the Agreed Guarantee
Principles set forth in any notation of Note Guarantee, supplemental indenture, or as contemplated by Section 4.15(b) hereof) to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and its successors and assigns,
irrespective of the validity and enforceability of this Indenture, the Notes or the obligations of the Company hereunder or thereunder that: (i) the due and punctual payment of principal, premium and interest on the Notes shall be promptly paid
in full when due, whether at maturity, by acceleration, redemption or otherwise, (ii) the due and punctual payment of interest on the overdue principal of and interest on the Notes, if any, if lawful, and all other obligations of the Company to
the Holders or the Trustee under this Indenture or any Note shall be promptly paid in full or performed, all in accordance with the terms hereof and thereof, and (iii) in case of any extension of time of payment or renewal of any Notes or any
of such other obligations, that same shall be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration pursuant to Section 6.2 hereof or otherwise. Failing
payment when due of any amount so guaranteed or any performance so guaranteed for whatever reason, the Note Guarantors shall be jointly and severally obligated to pay the same immediately. Each Note Guarantor shall agree that this is a Guarantee of
payment and not a Guarantee of collection. 
 (b) Each of the Note Guarantors hereby agrees that its obligations with regard to its Guarantee
shall be joint and several, unconditional, irrespective of the validity or enforceability of the Notes or the obligations of the Company under this Indenture, the absence of any action to enforce the same, the recovery of any judgment against the
Company or any other obligor with respect to this Indenture, the Notes or the obligations of the Company under this Indenture or the Notes, any action to enforce the same or any other circumstances (other than complete performance) which might
otherwise constitute a legal or equitable discharge or defense of a Note Guarantor. Each Note Guarantor further, to the extent permitted by law, hereby waives and relinquishes all claims, rights and remedies accorded by applicable law to guarantors
and agrees not to assert or take advantage of any such claims, rights or remedies, including but not limited to: (i) any right to require any of the Trustee, the Holders or the Company (each a “Benefited Party”), as a condition
of payment or performance by such Note Guarantor, to (A) proceed against the Company, any other guarantor (including any other Note Guarantor) of the obligations under the Note Guarantees or any other person, (B) proceed against or exhaust
any security held from the Company, any such other guarantor or any other person, (C) proceed against or have resort to any balance of any deposit account or credit on the books of any Benefited Party in favor of the Company or any other
person, or (D) pursue any other remedy in the power of any Benefited Party whatsoever; (ii) any defense arising by reason of the incapacity, lack of authority or any disability or other defense of the Company including any defense based on
or arising out of the lack 

  
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of validity or the unenforceability of the obligations under the Note Guarantees or any agreement or instrument relating thereto or by reason of the cessation of the liability of the Company from
any cause other than payment in full of the obligations under the Note Guarantees; (iii) any defense based upon any statute or rule of law which provides that the obligation of a surety must be neither larger in amount nor in other respects
more burdensome than that of the principal; (iv) any defense based upon any Benefited Party’s errors or omissions in the administration of the obligations under the Note Guarantees, except behavior which amounts to bad faith; (v) (A)
any principles or provisions of law, statutory or otherwise, which are or might be in conflict with the terms of the Note Guarantees and any legal or equitable discharge of such Note Guarantor’s obligations hereunder and under its Note
Guarantee, (B) the benefit of any statute of limitations affecting such Note Guarantor’s liability hereunder and under its Note Guarantee or the enforcement hereof and thereof, (C) any rights to
set-offs, recoupments and counterclaims and (D) promptness, diligence and any requirement that any Benefited Party protect, secure, perfect or insure any security interest or lien or any property subject
thereto; (vi) notices, demands, presentations, protests, notices of protest, notices of dishonor and notices of any action or inaction, including acceptance of the Note Guarantees, notices of default under the Notes or any agreement or
instrument related thereto, notices of any renewal, extension or modification of the obligations under the Note Guarantees or any agreement related thereto, and notices of any extension of credit to the Company and any right to consent to any
thereof; (vii) to the extent permitted under applicable law, the benefits of any “One Action” rule; and (viii) any defenses or benefits that may be derived from or afforded by law which limit the liability of or exonerate
guarantors or sureties, or which may conflict with the terms of the Note Guarantees. Except as set forth in Section 10.5 hereof, each Note Guarantor covenants that its Note Guarantee shall not be discharged except by complete performance of the
obligations contained in its Note Guarantee and this Indenture. 
 (c) If any Holder or the Trustee is required by any court or otherwise to
return to the Company, the Note Guarantors or any custodian, trustee, liquidator or other similar official acting in relation to either the Company or the Note Guarantors, any amount paid to either the Trustee or such Holder, any Guarantee, to the
extent theretofore discharged, shall be reinstated in full force and effect. 
 (d) Each Note Guarantor agrees that it shall not be entitled
to any right of subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. Each Note Guarantor shall further agree that, as between the Note Guarantors, on the
one hand, and the Holders and the Trustee, on the other hand, (i) the maturity of the obligations guaranteed hereby may be accelerated as provided in Section 6.2 hereof for the purposes of any Guarantee, notwithstanding any stay,
injunction or other prohibition preventing such acceleration in respect of the obligations guaranteed hereby and (ii) in the event of any declaration of acceleration of such obligations as provided in Section 6.2 hereof, such obligations
(whether or not due and payable) shall forthwith become due and payable by the Note Guarantors for the purpose of any such Guarantee. The Note Guarantors shall have the right to seek contribution from any
non-paying Note Guarantor so long as the exercise of such right does not impair the rights of the Holders under the applicable Guarantee. 

Section 10.2 Execution and Delivery of Note Guarantees. To evidence its Guarantee set forth in Section 10.1 hereof, each Note
Guarantor hereby agrees that a notation of such Note Guarantee substantially in the form of Exhibit B hereto (as modified to reflect Agreed Guarantee Principles to the extent contemplated by Section 4.15(b) hereof) or,
in the case of a Note Guarantor organized under the laws of Canada or any province or territory thereof, a Canadian Note Guarantee, shall be endorsed by an officer of such Note Guarantor, which notation shall be applicable to each Note authenticated
and delivered by the Trustee, and that this Indenture shall be executed on behalf of such Note Guarantor by any of its Officers. Each of the Note Guarantors, jointly and severally, hereby agrees that its Guarantee set forth in Section 10.1
hereof shall remain in full force and effect notwithstanding any failure to endorse a notation of such Note Guarantee. If an officer or Officer whose signature is on this Indenture or on the Note Guarantee of a Note Guarantor no longer holds that
office at the time the Trustee authenticates a Note, the Note Guarantee of such Note Guarantor shall be valid nevertheless. The delivery of any Note by the Trustee, after the authentication thereof hereunder, shall constitute due delivery of the
Note Guarantees set forth in this Indenture on behalf of the Note Guarantors. 
 Section 10.3 Limitation on Note Guarantor
Liability. Each Note Guarantor confirms, and by its acceptance of Notes, each Holder hereby confirms, that it is the intention of all such parties that any Guarantee of such Note Guarantor not constitute a fraudulent transfer or conveyance for
purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar applicable law to the 

  
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extent applicable to any Note Guarantee. To effectuate the foregoing intention, the Trustee and the Holders irrevocably agree, and the Note Guarantors irrevocably agree, that the obligations of
such Note Guarantor under this Article 10 shall be limited to the maximum amount as will, after giving effect to such maximum amount and all other contingent and fixed liabilities of such Note Guarantor that are relevant under such laws, and after
giving effect to any collections from, rights to receive contribution from or payments made by or on behalf of any other Note Guarantor in respect of the obligations of such other Note Guarantor under this Article 10, result in the obligations of
such Note Guarantor under its Note Guarantee not constituting a fraudulent transfer or conveyance. 
 Section 10.4 Merger and
Consolidation of Note Guarantors. 
 (a) In case of any sale or other disposition, consolidation, amalgamation, merger, sale or
conveyance and upon the assumption by the successor person, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the Note Guarantee endorsed upon the Notes and the due and punctual performance
of all of the covenants and conditions of this Indenture to be performed by the Note Guarantor, such successor person shall succeed to and be substituted for the Note Guarantor with the same effect as if it had been named herein as a Note Guarantor.
Such successor person thereupon may cause to be signed any or all of the Note Guarantees to be endorsed upon all of the Notes available hereunder which theretofore shall not have been signed by the Company and delivered to the Trustee. All the Note
Guarantees so issued shall in all respects have the same legal rank and benefit under this Indenture as the Note Guarantees theretofore and thereafter issued in accordance with the terms of this Indenture as though all of such Note Guarantees had
been issued at the date of the execution hereof. 
 (b) Except as set forth in Articles 4 and 5 hereof, and notwithstanding clause
(a) of this Section 10.4, nothing contained in this Indenture or in any of the Notes shall prevent any consolidation, amalgamation or merger of a Note Guarantor with or into another Person, or shall prevent any sale or conveyance of the
property of a Note Guarantor as an entirety or substantially as an entirety. 
 Section 10.5 Release. 

(a) In the event (i) of a sale or other disposition of all or substantially all of the assets of any Note Guarantor, by way of merger,
amalgamation, consolidation or otherwise, or a sale or other disposition of all the Equity Interests of any Note Guarantor, then held by the Company and its Restricted Subsidiaries to a person that is not (either before or after giving effect to
such transactions) a Subsidiary of the Company, in each case so long as such sale or other disposition is permitted by this Indenture, including without limitation Section 4.14 hereof, (ii) of a designation by the Company of any Restricted
Subsidiary that is a Note Guarantor as an Unrestricted Subsidiary in accordance with the definition thereof or in the event that such Note Guarantor ceases to be a Restricted Subsidiary, in each case, in accordance with the provisions of this
Indenture, upon effectiveness of such designation or when it first ceases to be a Restricted Subsidiary, respectively, (iii) in the case of any Note Guarantee issued on the Issue Date (or required but issued thereafter pursuant to
Section 4.15(a) above), upon the release or discharge of the Note Guarantee by such Note Guarantor in respect of the Credit Agreement, and in any other case upon the release or discharge of any Note Guarantee in respect of any Indebtedness that
resulted in the issuance after the Issue Date of the Note Guarantee by such Note Guarantor or (iv) the Company discharges the Notes and its Obligations under this Indenture under Section 8.1 hereof or exercises its legal or covenant
defeasance options under Section 8.2 or 8.3 hereof, respectively, with respect to the Notes, such Note Guarantor shall be released and relieved of any obligations under its Note Guarantee without any further action being required by the Trustee
or any Holder. If the Company discharges this Indenture under Section 8.1 hereof or exercises its legal or covenant defeasance options under Section 8.2 or 8.3 hereof, respectively, the Company and each Note Guarantor shall be
released and relieved of any obligations under its Note Guarantee without any further action being required by the Trustee or any Holder. 

(b) Upon delivery by the Company to the Trustee of an Officer’s Certificate and an Opinion of Counsel to the effect that such sale or
other disposition was made by the Company in accordance with the provisions of this Indenture, including without limitation Sections 4.8 and 4.14 hereof, the Trustee shall execute any documents reasonably required in order to evidence the release of
any Note Guarantor from its obligations under its Guarantee. 

  
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 (c) Any Note Guarantor not released from its obligations under its Note Guarantee shall
remain liable for the full amount of principal of and interest on the Notes and for the other obligations of any Note Guarantor under this Indenture as provided in this Article 10. 

ARTICLE 11 
 MISCELLANEOUS 

Section 11.1 Certain Trust Indenture Act Sections. The Company shall comply with Sections 314(a)(4), 314(c) and 314(e) of the TIA.
No other provision of the TIA shall apply except where otherwise specifically provided. 
 Section 11.2 Notices. Any demand,
authorization notice, request, consent or communication shall be given in writing and delivered in person or mailed by first-class mail, postage prepaid, addressed as follows or transmitted by facsimile transmission or email (confirmed by delivery
in person or mail by first-class mail, postage prepaid, or by guaranteed overnight courier) to the following facsimile numbers or emails: 

If to the Company, to: 
 Bausch
Health Companies Inc. 
 400 Somerset Corporate Boulevard 

Bridgewater, NJ 08807 

Attention: Corporate Secretary 

With a copy to: 

White & Case LLP 
 1221
Avenue of the Americas 
 New York, New York 10020 

Attention: Jonathan Michels and Rafael Roberti 

Facsimile No.: (212) 354-8113 

If to the Trustee, to: 
 The
Bank of New York Mellon 
 240 Greenwich Street, Floor 7E 

New York, New York 10286 
 Attn:
Corporate Trust Administration 
 Facsimile No.: (212) 815-5366 

Email: lisa.sollitto@bnymellon.com and timothy.burke@bnymellon.com 

If to the Notes Collateral Agent, to: 

The Bank of New York Mellon 

240 Greenwich Street, Floor 7E 

New York, New York 10286 
 Attn:
Corporate Trust Administration 
 Facsimile No.: (212) 815-5366 

Email: lisa.sollitto@bnymellon.com and timothy.burke@bnymellon.com 

  
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 BNY Mellon Corporate Trustee Services Limited 

c/o The Bank of New York Mellon 

240 Greenwich Street, Floor 7E 

New York, New York 10286 
 Attn:
Corporate Trust Administration 
 Facsimile No.: (212) 815-5366 

Email: lisa.sollitto@bnymellon.com and timothy.burke@bnymellon.com 

TMF Group New York, LLC (or any TMF Sub-Agent) 

48 Wall Street, 27th Floor 
 New
York, NY 10005 
 Attn: Janice Nelson 

Telephone: (212) 346-9014 

Facsimile No.: (212) 346-9012 

Such notices or communications shall be effective when received. 

For the avoidance of any doubt, unless otherwise specified in the applicable Collateral Documents, to the extent any notice is required to be
sent to a TMF Sub-Agent under this Indenture, the delivery of such notice shall be effective when sent to such TMF Sub-Agent “care of” TMF Group New York, LLC,
using the above details. 
 The Company, any Notes Collateral Agent or the Trustee by notice to the other may designate additional or
different addresses for subsequent notices or communications. 
 Any notice or communication mailed to a Holder shall be mailed by
first-class mail or delivered by an overnight delivery service to it at its address shown on the register kept by the Registrar, or, in the case of DTC (including its nominee, as applicable), transmitted in accordance with applicable procedures of
DTC. 
 Failure to mail a notice or communication to a Holder or any defect in it shall not affect its sufficiency with respect to other
Holders. If a notice or communication to a Holder is mailed in the manner provided above, it is duly given, whether or not the addressee receives it. 

The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions (“Instructions”), given
pursuant to this Indenture and related documents and delivered using Electronic Means; provided, however, that the Company shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions
(“Authorized Officers”) and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Company whenever a person is to be added or deleted from the listing. If the Company elects to
give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee’s understanding of such Instructions shall be deemed controlling. The Company understands and agrees that
the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided
to the Trustee have been sent by such Authorized Officer. The Company shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Company and all Authorized Officers are solely responsible
to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Company. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly
from their reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Company agrees: (i) to assume all risks arising out of the use of Electronic
Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections
and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Company; (iii) that the security procedures (if
any) to be followed in connection with its transmission of Instructions 

  
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provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or
unauthorized use of the security procedures. “Electronic Means” shall mean the following communications methods: e-mail, facsimile transmission, secure electronic transmission containing applicable
authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder. 

Notwithstanding anything to the contrary contained herein, as long as the Notes are in the form of a Global Note, notice to the Holders of
such Notes may be made electronically in accordance with procedures of the Depositary. 
 Section 11.3 Communications by Holders
With Other Holders. Noteholders may communicate pursuant to TIA Section 312(b) with other Noteholders with respect to their rights under this Indenture or the Notes. The Company, the Trustee, the Registrar and any other person
shall have the protection of TIA Section 312(c). 
 Section 11.4 Certificate and Opinion of Counsel as to Conditions
Precedent. 
 (a) Upon any request or application by the Company to the Trustee to take any action under this Indenture other than the
initial issuance of the Notes and the Note Guarantees, the Company shall furnish to the Trustee at the request of the Trustee: 

(A) an Officer’s Certificate stating that, in the opinion of the signers, all conditions precedent (including any
covenants, compliance with which constitutes a condition precedent), if any, provided for in this Indenture relating to the proposed action have been complied with; and 

(B) an Opinion of Counsel stating that, in the opinion of such counsel, all such conditions precedent (including any covenants,
compliance with which constitutes a condition precedent) have been complied with. 
 (b) Each Officer’s Certificate and Opinion of
Counsel with respect to compliance with a condition or covenant provided for in this Indenture shall include: 
 (A) a
statement that the person making such certificate or opinion has read such covenant or condition; 
 (B) a brief statement as
to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based; 

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

(D) a statement as to whether or not, in the opinion of such person, such condition or covenant has been complied with; 

provided, however, that with respect to matters of fact an Opinion of Counsel may rely on an Officer’s Certificate or certificates of
public officials. 
 Section 11.5 Record Date for Vote or Consent of Holders. The Company (or, in the event deposits have been
made pursuant to Section 8.1, 8.2 or 8.3 hereof, the Trustee) may set a record date for purposes of determining the identity of Holders of Notes entitled to vote or consent to any action by vote or consent authorized or permitted under this
Indenture, which record date shall not be more than thirty (30) days prior to the date of the commencement of solicitation of such action. Notwithstanding the provisions of Section 9.4 hereof, if a record date is fixed, those persons who
were Holders of Notes at the close of business on such record date (or their duly designated proxies), and only those persons, shall be entitled to take such action with respect to the Notes by vote or consent or to revoke any vote or consent
previously given, whether or not such persons continue to be Holders of Notes after such record date. 

  
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 Section 11.6 Rules by Trustee, Paying Agent and Registrar. The Trustee may make
reasonable rules (not inconsistent with the terms of this Indenture) for action by or at a meeting of Holders. Any Registrar or Paying Agent may make reasonable rules for its functions. 

Section 11.7 Legal Holidays. A “Legal Holiday” is a Saturday, Sunday, or a day on which state or federally
chartered banking institutions in New York, New York, Montreal, Canada or, if applicable, the state in which the Corporate Trust Office is located are not required to be open. If a payment date, including any Redemption Date, Purchase Date, Change
of Control Purchase Date and Final Maturity Date, is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal Holiday, and no interest shall accrue for the intervening period on such payment. If an interest record date
is a Legal Holiday, the record date shall not be affected. 
 Section 11.8 Governing Law; Submission to Jurisdiction; Waiver of Jury
Trial. 
 (a) Unless specifically noted herein, this Indenture and the Notes shall be governed by, and construed in accordance with, the
laws of the State of New York, without regard to principles of conflicts of laws. 
 (b) The Company irrevocably submits to the non-exclusive jurisdiction of any New York State or United States Federal court sitting in The City of New York over any suit, action or proceeding arising out of or relating to this Indenture. The Company
irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to the laying of venue of any such suit, action or proceeding brought in such a court and any claim that any such suit, action or proceeding
brought in such a court has been brought in an inconvenient forum. 
 (c) EACH OF THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO
THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES, OR THE TRANSACTION CONTEMPLATED HEREBY. 

Section 11.9 No Adverse Interpretation of Other Agreements. This Indenture may not be used to interpret another indenture, loan or
debt agreement of the Company or a Subsidiary of the Company. Any such indenture, loan or debt agreement may not be used to interpret this Indenture. 

Section 11.10 No Recourse Against Others. All liability described in paragraph 13 of the Form of the Notes attached hereto as
Exhibit A of any director, officer, incorporator, employee or shareowner, as such, of the Company or any Note Guarantor is waived and released. 

Section 11.11 Successors. All agreements of the Company in this Indenture and the Notes shall bind their successors. All
agreements of the Trustee in this Indenture shall bind its successor. 
 Section 11.12 Multiple Counterparts; Execution. The
parties may sign multiple counterparts of this Indenture. Each signed counterpart shall be deemed an original, but all of them together represent the same agreement. The words “execution,” signed,” “signature,” and words of
like import in this Indenture or in any other certificate, agreement or document related to this Indenture shall include images of manually executed signatures transmitted by facsimile or other electronic format (including, without limitation,
“pdf”, “tif” or “jpg”) and other electronic signatures (including, without limitation, DocuSign and AdobeSign). The use of electronic signatures and electronic records (including, without limitation, any contract
or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping system to the
fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, and any other applicable law, including, without limitation, any
state law based on the Uniform Electronic Transactions Act or the Uniform Commercial Code. 

  
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 Section 11.13 Separability. In case any provisions in this Indenture or in the
Notes shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

Section 11.14 Table of Contents, Headings, etc. The table of contents and headings of the Articles and Sections of this Indenture
have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 

Section 11.15 Calculations in Respect of the Notes. 

(a) The Company shall make all calculations under this Indenture and the Notes in good faith. In the absence of manifest error, such
calculations shall be final and binding on all Holders. The Company shall provide a copy of such calculations to the Trustee as required hereunder. 

(b) Notwithstanding anything to the contrary herein (including in connection with any calculation made on a pro forma basis), if the terms of
this Indenture require (1) compliance with any financial ratio or financial test (including, without limitation, any Secured Leverage Ratio test, any Total Leverage Ratio test and/or any Fixed Charge Coverage Ratio test) and/or any cap
expressed as a percentage of Consolidated Total Assets or Consolidated Cash Flow, (2) the absence of a Default or Event of Default (or any type of default or event of default) or (3) compliance with any basket or other condition, as a
condition to (a) the consummation of any transaction (including in connection with any acquisition or similar Investment or the assumption or incurrence of Indebtedness), and/or (b) the making of any Restricted Payment, the determination
of whether the relevant condition is satisfied may be made, at the election of the Company, (i) in the case of any acquisition or similar Investment or any Asset Sale and any transaction related thereto, at the time of (or on the basis of the
financial statements for the most recently ended four quarter period available at the time of) either (x) the execution of the definitive agreement with respect to such acquisition, Investment or Asset Sale (or, solely in connection with an
acquisition to which the United Kingdom City Code on Takeovers and Mergers applies, the date on which a “Rule 2.7 Announcement” of a firm intention to make an offer) or (y) the consummation of such acquisition, Investment or Asset
Sale, (ii) in the case of any Restricted Payment, at the time of (or on the basis of the financial statements for the most recently ended four quarter period available at the time of) (x) the declaration of such Restricted Payment or
(y) the making of such Restricted Payment, in each case, after giving effect to the relevant acquisition or similar Investment and/or Restricted Payment or other transaction on a pro forma basis (including, in each case, giving effect to the
relevant transaction, any relevant Indebtedness (including the intended use of proceeds thereof) and, at the election of the Company, giving pro forma effect to other prospective “limited conditionality” acquisitions or similar Investments
for which definitive agreements have been executed), and no Default or Event of Default shall be deemed to have occurred solely as a result of an adverse change in such financial ratio or test occurring after the time such election is made (but any
subsequent improvement in the applicable financial ratio or test may be utilized by the Company or any Restricted Subsidiary). For the avoidance of doubt, if the Company shall have elected the option set forth in this paragraph in respect of any
transaction, then the Company or its applicable Restricted Subsidiary shall be permitted to consummate such transaction even if any applicable test or condition shall cease to be satisfied subsequent to the Company’s election of such option.

 (c) Notwithstanding anything to the contrary herein, unless the Company otherwise elects, with respect to any amounts incurred or
transactions entered into (or consummated) in reliance on a provision of this Indenture that does not require compliance with a financial ratio or financial test (including any Secured Leverage Ratio test, any Total Leverage Ratio test and/or any
Fixed Charge Coverage Ratio test) (any such amounts, the “Fixed Amounts”) substantially concurrently with any amounts incurred or transactions entered into (or consummated) in reliance on a provision of this Indenture that requires
compliance with a financial ratio or financial test (including any Secured Leverage Ratio test, any Total Leverage Ratio test and/or any Fixed Charge Coverage Ratio test) (any such amounts, the “Incurrence-Based Amounts”), it is
understood and agreed that (A) the incurrence of the Incurrence-Based Amount shall be calculated first without giving effect to any Fixed Amount but giving full pro forma effect to the use of proceeds of such Fixed Amount and the related
transactions and (B) the incurrence of the Fixed Amount shall be calculated thereafter. Unless the Company elects otherwise, the Company shall be deemed to have used amounts under an Incurrence-Based Amount then available to the Company prior
to utilization of any amount under a Fixed Amount then available to the Company. 

  
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 Section 11.16 Agent for Service and Waiver of Immunities. By the execution and
delivery of this Indenture, the Company and each Note Guarantor that is not a Domestic Subsidiary does, and with respect to any entity that becomes a Note Guarantor after the date hereof and is not a Domestic Subsidiary, within 10 days of becoming a
Note Guarantor, as applicable, will, (i) acknowledge that they will designate and appoint Bausch Health US, LLC, 400 Somerset Corporate Boulevard, Bridgewater, New Jersey 08807, or another Person satisfactory to the Trustee (the
“Authorized Agent”), as their authorized agent upon whom process may be served in any suit or proceeding arising out of or relating to this Indenture or the Notes that may be instituted in any federal or state court in the State of
New York or brought under federal or state securities laws, and acknowledge that the Authorized Agent has accepted such designation, (ii) submit to the jurisdiction of any such court in any such suit or proceeding, and (iii) agree that
service of process upon the Authorized Agent and written notice of said service to the Company or the Note Guarantor that is not a Domestic Subsidiary, as applicable, in accordance with Section 11.2 hereof shall be deemed effective service of
process in any such suit or proceeding. The Company and each Note Guarantor that is not a Domestic Subsidiary further agrees to take any reasonable action, including the execution and filing of any and all such documents and instruments, as may be
necessary to continue such designation and appointment of the Authorized Agent in full force and effect so long as any of the Notes shall be outstanding; provided, however, that the Company and each Note Guarantor that is not a
Domestic Subsidiary, as applicable, may, by written notice to the Trustee, designate such additional or alternative agent for service of process under this Section 11.16 that (i) maintains an office located in the Borough of Manhattan, The
City of New York, in the State of New York, (ii) is either (x) counsel for the Company or such Note Guarantor, as applicable or (y) a corporate service company which acts as agent for service of process for other persons in the
ordinary course of its business and (iii) agrees to act as agent for service of process in accordance with this Section 11.16. Such written notice shall identify the name of such agent for process and the address of the office of such
agent for process in the Borough of Manhattan, The City of New York, State of New York. Upon the written request of any Holder, the Trustee shall deliver a copy of such notice to such Holder. 

Section 11.17 Judgment Currency. The Company and each Note Guarantor shall indemnify each Holder and each Person, if any, who
controls any Holder within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act against any loss incurred by such party as a result of any judgment or order being given or made against the Company or any Note
Guarantor for any U.S. dollar amount due under this Indenture and such judgment or order being expressed and paid in a currency (the “Judgment Currency”) other than U.S. dollars and as a result of any variation as between
(i) the rate of exchange at which the U.S. dollar amount is converted into the Judgment Currency for the purpose of such judgment or order and (ii) the spot rate of exchange in The City of New York at which such party on the date of
payment of such judgment or order is able to purchase U.S. dollars with the amount of the Judgment Currency actually received by such party if such party had utilized such amount of Judgment Currency to purchase U.S. dollars upon such party’s
receipt thereof. The foregoing indemnity shall continue in full force and effect notwithstanding any such judgment or order as aforesaid. The term “spot rate of exchange” shall include any premiums and costs of exchange payable in
connection with the purchase of, or conversion into, U.S. dollars. 
 Section 11.18 Foreign Currency Equivalent. For purposes of
determining compliance with any U.S. dollar-denominated restriction or amount, the U.S. dollar equivalent principal amount of any amount denominated in a foreign currency will be the Dollar Equivalent calculated on the date the Indebtedness was
incurred or other transaction was entered into; provided, that if any Permitted Refinancing Indebtedness denominated in a currency other than U.S. dollars is incurred to refinance Indebtedness denominated in the same currency, and such
refinancing would cause the applicable U.S. dollar-denominated restriction to be exceeded if calculated on the date of such refinancing, such Permitted Refinancing Indebtedness shall be deemed not to exceed the principal amount of such Indebtedness
being refinanced. Notwithstanding any other provision in this Indenture, no restriction or amount will be exceeded solely as a result of fluctuations in the exchange rate of currencies. In no event will the Trustee or the Paying Agent be responsible
for obtaining exchange rates or otherwise effecting currency conversions or calculations. 
 Section 11.19 Usury Savings Clause.
If any provision of this Indenture or any Note would obligate the Company to make any payment of or on account of interest or other amount in an amount or calculated at a rate which would result in a receipt by any Holder of interest at a criminal
rate (as such term is construed under the Criminal Code (Canada)), then notwithstanding such provisions, such amount or rate shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case
may be, as would not so result in a receipt by such Holder of interest at a criminal rate, such adjustment to be effected, to the extent necessary, as follows: (1) firstly, by reducing the amount or rate of interest required to be paid to such
Holder, and (2) thereafter, by reducing any fees, commissions, premiums and other amounts required to be paid to such Holder which would constitute “interest” for purposes of Section 347 of the Criminal Code (Canada). 

  
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 Section 11.20 Interest Act (Canada). For purposes of disclosure pursuant to the
Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided for in this Indenture and any Note (and stated herein or therein, as applicable, to be computed on the basis of a 360 day year or any
other period of time less than a calendar year) are equivalent are the rates so provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time,
respectively. Each of the Company and each Note Guarantor confirms that it understands and acknowledges that it is and will be able to calculate the rate of interest applicable under this Indenture and any Note based on the methodology for
calculating per annum rates provided for under this Indenture or the Notes. Each of the Company and each Note Guarantor confirms that it agrees not to plead or assert, whether by way of defense or otherwise, in any proceeding relating to this
Indenture or any Note, that the interest payable under this Indenture or any Note and the calculation thereof has not been adequately disclosed to the Company or Note Guarantor, as applicable, whether pursuant to Section 4 of the Interest Act
(Canada) or any other applicable law or legal principle. 
 Section 11.21 Tax Matters. Each of the parties hereto agree to
cooperate and to provide the other with such information as each may have in its possession to enable the determination of whether any payments pursuant to this Indenture are subject to the withholding requirements described in Section 1471(b)
of the Code or otherwise imposed pursuant to Sections 1471 through 1474 of the Code and any regulations, or agreements thereunder or official interpretations thereof (“Applicable Law”). The Trustee shall be entitled to make any
withholding or deduction from payments under this Indenture to the extent necessary to comply with Applicable Law. Nothing in the immediately preceding sentence shall be construed as obligating the Trustee to make any “gross up” payment or
similar reimbursement in connection with a payment in respect of which amounts are so withheld or deducted or affecting a Payor’s obligation to make any payments of Additional Amount pursuant to Section 4.21 of this Indenture. The terms of
this Section shall survive the termination of this Indenture. 
 ARTICLE 12 

COLLATERAL 
 Section 12.1
Collateral Documents. 
 (a) The due and punctual payment of the principal of, premium and interest (including Additional Amounts, if
any) on the Notes when and as the same shall be due and payable, whether on an interest payment date, at maturity, by acceleration, repurchase, redemption or otherwise, and interest on the overdue principal of, premium and interest on the Notes and
performance of all other Obligations of the Company and the Note Guarantors to the Holders or the Trustee under this Indenture, the Notes, the Note Guarantees and the Collateral Documents, according to the terms hereunder or thereunder, shall be
secured as provided in the Collateral Documents, which define the terms of the Liens that secure the Obligations, subject to the terms of the First Lien Intercreditor Agreement. The Trustee and the Company hereby acknowledge and agree that the Notes
Collateral Agents hold the Collateral in trust for the benefit of the Holders and the Trustee and pursuant to the terms of this Indenture, the Collateral Documents and the First Lien Intercreditor Agreement. Each Holder, by accepting a Note, and
each Beneficial Owner of an interest in a Note, consents and agrees to the terms of the Collateral Documents (including the provisions providing for the possession, use, release and foreclosure of Collateral) and the First Lien Intercreditor
Agreement as the same may be in effect or may be amended from time to time in accordance with their terms and this Indenture and the First Lien Intercreditor Agreement, and authorizes and directs each Notes Collateral Agent to enter into the
Collateral Documents and the First Lien Intercreditor Agreement and to perform its obligations and exercise its rights thereunder in accordance therewith. Subject to the Applicable Collateral Limitations, the Company shall deliver to each Notes
Collateral Agent copies of all documents required to be filed pursuant to the Collateral Documents to which such Notes Collateral Agent is a party, and will do or cause to be done all such acts and things as may be reasonably required by the next
sentence of this Section 12.1, to provide to the Notes Collateral Agents the security interest in the Collateral contemplated hereby and/or by the Collateral Documents or any part thereof, as from time to time constituted, so as to render the
same available for the security 

  
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and benefit of this Indenture and of the Notes secured hereby, according to the intent and purposes herein expressed. Subject to the Applicable Collateral Limitations, the Company shall, and
shall cause the Subsidiaries of the Company to, take any and all actions and make all filings (including the filing of UCC or PPSA financing statements, continuation statements and amendments thereto (or analogous procedures under the applicable
laws in the relevant Covered Jurisdiction)) required to cause the Collateral Documents to create and maintain, as security for the First Priority Notes Obligations of the Company and the Note Guarantors to the First Lien Notes Secured Parties, a
valid and enforceable perfected Lien and security interest in and on all of the Collateral (subject to the terms of the First Lien Intercreditor Agreement and the Collateral Documents), in favor of the Notes Collateral Agents for the benefit of the
Holders and the Trustee subject to no Liens other than Permitted Liens. 
 (b) To the extent any assets owned by the Company or any Note
Guarantor on the Issue Date (other than Excluded Assets) are not subject to a valid Lien in favor of a Notes Collateral Agent on or prior to the Issue Date or subject to a Lien in favor of a Notes Collateral Agent that is not perfected on or prior
to the Issue Date, the Company and the Note Guarantors shall use their commercially reasonable efforts to enter into Collateral Documents to create such Liens (including all Collateral Documents governed by the laws of each Covered Jurisdiction,
except where pursuant to laws governing such assets or local practice applicable to such assets, such assets that were pledged to the Credit Agreement Collateral Agent are not capable of being pledged to a Notes Collateral Agent at the same time)
and have all such Liens and any Liens created but not perfected (including by appropriate filings with the United States Patent and Trademark Office and United States Copyright Office) on or prior to the Issue Date perfected, subject to any
limitations set forth in this Indenture and the Collateral Documents, including the Applicable Collateral Limitations, within 120 days after the Issue Date. 

(c) Notwithstanding any provision hereof to the contrary, the provisions of this Article 12 are qualified in their entirety by the
Applicable Collateral Limitations and neither the Company nor any Note Guarantor shall be required pursuant to this Indenture or any Collateral Document to take any action limited by the Applicable Collateral Limitations. 

Section 12.2 Release of Collateral. 

(a) The Liens securing the Notes will be automatically released, all without delivery of any instrument or performance of any act by any party,
at any time and from time to time as provided by this Section 12.2. Upon such release, subject to the terms of the Collateral Documents, all rights in the released Collateral securing First Priority Notes Obligations shall revert to the Company
and the Note Guarantors, as applicable. The Collateral shall be released from the Lien and security interest created by the Collateral Documents and the Trustee (subject to its receipt of an Officer’s Certificate and Opinion of Counsel as
provided below) shall execute documents evidencing such release, and confirm to the applicable Notes Collateral Agent to execute, as applicable, the same at the Company’s sole cost and expense, under one or more of the following circumstances:

 (i) in whole upon: 

(A) payment in full of the principal of, together with accrued and unpaid interest (including Additional Amounts, if any) on,
the Notes and all other Obligations under this Indenture, the Note Guarantees and the Collateral Documents (for the avoidance of doubt, other than contingent Obligations in respect of which no claims have been made) that are due and payable at or
prior to the time such principal, together with accrued and unpaid interest, are paid; 
 (B) satisfaction and discharge of
this Indenture with respect to the Notes as set forth under Section 8.1; or 
 (C) a Legal Defeasance or Covenant
Defeasance of this Indenture with respect to the Notes as set forth under Sections 8.2 or 8.3 hereof, as applicable; 
 (ii)
in whole or in part, with the consent of Holders of the Notes in accordance with Article 9 of this Indenture; 

  
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 (iii) in part, as to any asset: 

(A) (I) constituting Collateral that is sold or otherwise disposed of by the Company or any of the Note Guarantors to any
Person that is not the Company or a Note Guarantor in a transaction permitted by this Indenture (to the extent of the interest sold or disposed of), or 

(II) constituting Shared Collateral, in accordance with the provisions of the First Lien Intercreditor Agreement, 

(B) that is held by a Note Guarantor that ceases to be a Note Guarantor, 

(C) that becomes an Excluded Asset, including so long as the Credit Agreement is outstanding, any asset that is not pledged to
secure obligations arising in respect of the Credit Agreement (whether pursuant to the terms of the Credit Agreement (and any related documents) or as a result of any determination made thereunder, or by amendment, waiver or otherwise), or 

(D) that is otherwise released in accordance with, and as expressly provided for by the terms of, this Indenture, the First
Lien Intercreditor Agreement and the Collateral Documents, 
 provided that, in the case of clause (iii)(A)(II), the proceeds of such
Shared Collateral shall be applied in accordance with the First Lien Intercreditor Agreement. 
 (b) In addition, the Notes shall be
automatically released from the Liens securing the Notes, all without delivery of any instrument or performance of any act by any party, at any time and from time to time as provided by this Section 12.2 and the Trustee (subject to its receipt
of an Officer’s Certificate and Opinion of Counsel as provided below) shall execute documents evidencing such release, and instruct the applicable Notes Collateral Agent in writing to execute, as applicable, the same at the Company’s sole
cost and expense, under one or more of the following circumstances: 
 (i) in whole upon: 

(A) payment in full of the principal of, together with accrued and unpaid interest (including Additional Amounts, if any) on,
the Notes and all other Obligations under this Indenture, the Note Guarantees and the Collateral Documents in respect of the Notes (for the avoidance of doubt, other than contingent Obligations in respect of which no claims have been made) that are
due and payable at or prior to the time such principal, together with accrued and unpaid interest, are paid; 
 (B)
satisfaction and discharge of this Indenture with respect to the Notes as set forth under Section 8.1; or 
 (C) a
Legal Defeasance or Covenant Defeasance of this Indenture with respect to the Notes as set forth under Sections 8.2 or 8.3 hereof, as applicable; or 

(ii) in whole or in part, with the consent of Holders of the Notes in accordance with Article 9 of this Indenture. 

(c) With respect to any release of Collateral or release from the Liens securing the Notes, upon receipt of an Officer’s Certificate and
an Opinion of Counsel stating that all conditions precedent under this Indenture and the Collateral Documents and the First Lien Intercreditor Agreement, as applicable, to such release have been met and that it is permitted for the Trustee and/or a
Notes Collateral Agent to execute and deliver the documents requested by the Company in connection with such release, and any necessary or proper instruments of termination, satisfaction, discharge or release prepared by the Company, the Trustee
shall, or shall cause the applicable Notes Collateral Agent to, execute, deliver or acknowledge (at the Company’ expense) such instruments or releases (whether electronically or in writing) to evidence, and shall do or cause to be done all
other acts reasonably 

  
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necessary to effect, in each case as soon as reasonably practicable, the release, without recourse, representation or warranty of any kind, and discharge of any Collateral or any Notes permitted
to be released pursuant to this Indenture or the Collateral Documents or the First Lien Intercreditor Agreement. Neither the Trustee nor any Notes Collateral Agent shall be liable for any such release undertaken in reliance upon any such
Officer’s Certificate or Opinion of Counsel, and notwithstanding any term hereof or in any Collateral Document or in the First Lien Intercreditor Agreement to the contrary, but without limiting any automatic release provided hereunder or under
any Collateral Document, the Trustee and each Notes Collateral Agent shall not be under any obligation to release any such Lien and security interest, or execute and deliver any such instrument of release, satisfaction, discharge or termination,
unless and until it receives such Officer’s Certificate and Opinion of Counsel. 
 Section 12.3 Suits to Protect the
Collateral. Subject to the provisions of Article 7 hereof and the Collateral Documents and the First Lien Intercreditor Agreement, the Trustee, without the consent of the Holders, on behalf of the Holders, following the occurrence of an
Event of Default that is continuing, may or may instruct the applicable Notes Collateral Agent in writing to take all actions it reasonably determines are necessary in order to: 

(a) enforce any of the terms of the Collateral Documents; and 

(b) collect and receive any and all amounts payable in respect of the Obligations hereunder. 

Subject to the provisions of the Collateral Documents and the First Lien Intercreditor Agreement, the Trustee and each Notes Collateral Agent shall have power
to institute and to maintain such suits and proceedings as the Trustee may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Collateral Documents or this Indenture, and such
suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral. Nothing in this Section 12.3 shall be considered to impose any such duty or obligation to act on the
part of the Trustee or any Notes Collateral Agent. 
 Section 12.4 Authorization of Receipt of Funds by the Trustee Under the
Collateral Documents. Subject to the provisions of the First Lien Intercreditor Agreement, the Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Collateral Documents, and to make further
distributions of such funds to the Holders according to the provisions of this Indenture. 
 Section 12.5 Purchaser Protected.
In no event shall any purchaser or other transferee in good faith of any property or asset purported to be released hereunder be bound to ascertain the authority of a Notes Collateral Agent or the Trustee to execute the release or to inquire as to
the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such purchaser or other transferee; nor shall any purchaser or other transferee of any
property, asset or rights permitted by this Article 12 to be sold be under any obligation to ascertain or inquire into the authority of the Company or the applicable Note Guarantor to make any such sale or other transfer. 

Section 12.6 Powers Exercisable by Receiver or Trustee. In case the Collateral shall be in the possession of a receiver or
trustee, lawfully appointed, the powers conferred in this Article 12 upon the Company or a Note Guarantor with respect to the release, sale or other disposition of such property or asset may be exercised by such receiver or trustee, and an
instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Company or a Note Guarantor or of any Officer or Officers thereof required by the provisions of this Article 12; and if the Trustee
shall be in the possession of the Collateral under any provision of this Indenture, then such powers may be exercised by the Trustee. 

Section 12.7 Release Upon Termination of the Company’s Obligations. In the event that the Company delivers to
the Trustee an Officer’s Certificate certifying that (i) payment in full of the principal of, together with accrued and unpaid interest on, the Notes and all other First Priority Notes Obligations that are due and payable at or prior to
the time such principal, together with accrued and unpaid interest, are paid or (ii) the Company shall have exercised its Legal Defeasance option or their Covenant Defeasance option, in each case in compliance with the provisions of
Section 8.2 or 8.3 hereof, as applicable, and an Opinion of Counsel stating that all conditions precedent to the execution and delivery of such notice by the Trustee have been satisfied, the Trustee shall deliver to the Company and the Notes
Collateral Agents a notice, in form reasonably satisfactory to the Notes Collateral 

  
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Agents, stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Collateral solely on behalf of the Holders of the Notes without
representation, warranty or recourse (other than with respect to funds held by the Trustee pursuant to Section 8.2 or 8.3 hereof, as applicable), and any rights it has under the Collateral Documents solely on behalf of the Holders of the Notes
and upon receipt by the Notes Collateral Agents of such notice, the Notes Collateral Agents shall be deemed not to hold a Lien in the Collateral on behalf of the Trustee and shall execute and deliver all documents and do or cause to be done (at the
expense of the Company) all acts reasonably requested by the Company to release, without recourse, representation or warranty of any kind, and discharge such Lien as soon as is reasonably practicable. 

Section 12.8 Notes Collateral Agents. 

(a) The Company and each of the Holders by acceptance of the Notes, and each Beneficial Owner of an interest in a Note, hereby designates and
appoints each Notes Collateral Agent as its agent under this Indenture, the Collateral Documents and the First Lien Intercreditor Agreement and the Company directs and authorizes and each of the Holders by acceptance of the Notes hereby irrevocably
authorizes each Notes Collateral Agent to take such action on its behalf under the provisions of this Indenture, the Collateral Documents and the First Lien Intercreditor Agreement and to exercise such powers and perform such duties as are expressly
delegated to the Notes Collateral Agents by the terms of this Indenture, the Collateral Documents and the First Lien Intercreditor Agreement, and consents and agrees to the terms of the First Lien Intercreditor Agreement and each Collateral
Document, as the same may be in effect or may be amended, restated, supplemented or otherwise modified from time to time in accordance with their respective terms or the terms of this Indenture. Each Notes Collateral Agent agrees to act as such on
the express conditions contained in this Section 12.8. The provisions of this Section 12.8 are solely for the benefit of the Notes Collateral Agents and the TMF Sub-Agents and none of the Trustee,
any of the Holders nor any of the Grantors shall have any rights as a third party beneficiary of any of the provisions contained herein unless expressly extended to them. Each Holder agrees that any action taken by any Notes Collateral Agent in
accordance with the provisions of this Indenture, the First Lien Intercreditor Agreement and/or the applicable Collateral Documents, and the exercise by any Notes Collateral Agent of any rights or remedies set forth herein and therein shall be
authorized and binding upon all Holders. Notwithstanding any provision to the contrary contained elsewhere in this Indenture, the Collateral Documents and the First Lien Intercreditor Agreement, the duties of the Notes Collateral Agents shall be
ministerial and administrative in nature, and no Notes Collateral Agent shall have any duties or responsibilities, except those expressly set forth herein and in the other Notes Documents to which the applicable Notes Collateral Agent is a party,
nor shall any Notes Collateral Agent have or be deemed to have any trust or other fiduciary relationship with the Trustee, any Holder or any Grantor, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be
read into this Indenture, the Collateral Documents and the First Lien Intercreditor Agreement or otherwise exist against any Notes Collateral Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” in
this Indenture with reference to the Notes Collateral Agents 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 an administrative relationship between independent contracting parties. 
 (b) Each
Notes Collateral Agent may perform any of its duties under this Indenture, the Collateral Documents or the First Lien Intercreditor Agreement by or through receivers, agents, employees,
attorneys-in-fact or with respect to any specified Person, such Person’s Affiliates, and the respective officers, directors, employees, agents, advisors and attorneys-in-fact of such Person and its Affiliates, (a “Related Person”) and shall be entitled to advice of counsel concerning all matters pertaining to such
duties, and shall be entitled to act upon, and shall be fully protected in taking action in reliance upon any advice or opinion given by legal counsel. No Notes Collateral Agent shall be responsible for the negligence or willful misconduct of any
receiver, agent, employee, attorney-in-fact or Related Person that it selects as long as such selection was made in good faith. 

(c) No Notes Collateral Agent nor any of their respective Related Persons shall (i) be liable for any action taken or omitted to be taken
by any of them under or in connection with this Indenture or the transactions contemplated hereby (except for its own gross negligence or willful misconduct) or under or in connection with any Collateral Document or the First Lien Intercreditor
Agreement or the transactions contemplated thereby (except for its own gross negligence or willful misconduct), or (ii) be responsible in any manner to any of the Trustee or any Holder for any recital, statement, representation, warranty,
covenant or agreement made by the Company or any 

  
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other Grantor or Affiliate of any Grantor, or any Officer or Related Person thereof, contained in this Indenture, or any other Notes Documents, or in any certificate, report, statement or other
document referred to or provided for in, or received by the applicable Notes Collateral Agent under or in connection with, this Indenture, the Collateral Documents or the First Lien Intercreditor Agreement, or the validity, effectiveness,
genuineness, enforceability or sufficiency of this Indenture, the Collateral Documents or the First Lien Intercreditor Agreement, or for any failure of any Grantor or any other party to this Indenture, the Collateral Documents or the First Lien
Intercreditor Agreement to perform its obligations hereunder or thereunder. No Notes Collateral Agent nor any of their respective Related Persons shall be under any obligation to the Trustee or any Holder to ascertain or to inquire as to the
observance or performance of any of the agreements contained in, or conditions of, this Indenture, the Collateral Documents or the First Lien Intercreditor Agreement or to inspect the properties, books, or records of any Grantor or any
Grantor’s Affiliates. 
 (d) Each Notes Collateral Agent shall be entitled (in the absence of bad faith) to rely, and shall be fully
protected in relying, upon any writing, resolution, notice, consent, certificate, affidavit, letter, telegram, facsimile, certification, telephone message, statement, or other communication, document or conversation (including those by telephone or e-mail) 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, without limitation, counsel to the
Company or any other Grantor), independent accountants and/or other experts and advisors selected by such Notes Collateral Agent. No Notes Collateral Agent shall be bound to make any investigation into the facts or matters stated in any resolution,
certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, or other paper or document. Unless otherwise expressly required hereunder or pursuant to any Collateral Document, each Notes Collateral
Agent shall be fully justified in failing or refusing to take any action under this Indenture, the Collateral Documents or the First Lien Intercreditor Agreement unless it shall first receive such written advice or concurrence of the Trustee or the
Holders of a majority in aggregate principal amount of the Notes as it determines and, if it so requests, it shall first be indemnified to its satisfaction by the Holders against any and all liability and expense which may be incurred by it by
reason of taking or continuing to take any such action. Each Notes Collateral Agent shall in all cases be fully protected from claims by any Holders in acting, or in refraining from acting, under this Indenture, the Collateral Documents or the First
Lien Intercreditor Agreement in accordance with a request, direction, instruction or consent of the Trustee or the Holders of a majority in aggregate principal amount of the then outstanding Notes and such request and any action taken or failure to
act pursuant thereto shall be binding upon all of the Holders. 
 (e) No Notes Collateral Agent shall be deemed to have knowledge or notice
of the occurrence of any Default or Event of Default, unless a Trust Officer of such Notes Collateral Agent shall have received written notice from the Trustee or the Company referring to this Indenture, describing such Default or Event of Default
and stating that such notice is a “notice of default.” Such Notes Collateral Agent shall take such action with respect to such Default or Event of Default as may be requested by the Trustee in accordance with Article 6 or the
Holders of a majority in aggregate principal amount of the Notes (subject to this Section 12.8). 
 (f) Each Notes Collateral Agent may
resign at any time by notice to the Trustee and the Company, such resignation to be effective upon the acceptance of a successor agent to its appointment as Notes Collateral Agent. If any Notes Collateral Agent resigns under this Indenture, the
Company shall appoint a successor collateral agent. If no successor collateral agent is appointed prior to the intended effective date of the resignation of such Notes Collateral Agent (as stated in the notice of resignation), the Trustee, at the
direction of the Holders of a majority of the aggregate principal amount of the Notes then outstanding, may appoint, subject to the consent of the Company (which shall not be unreasonably withheld and which shall not be required during a continuing
Event of Default), a successor collateral agent. If no successor collateral agent is appointed and consented to by the Company pursuant to the preceding sentence within thirty (30) days after the intended effective date of resignation (as
stated in the notice of resignation) such Notes Collateral Agent shall be entitled to petition a court of competent jurisdiction to appoint a successor. Upon the acceptance of its appointment as successor collateral agent hereunder, such successor
collateral agent shall succeed to all the rights, powers and duties of the retiring Notes Collateral Agent, and the term “Notes Collateral Agents” shall mean such successor collateral agent, and the retiring Notes Collateral Agent’s
appointment, powers and duties as a Notes Collateral Agent shall be terminated. After the retiring Notes Collateral Agent’s resignation hereunder, the provisions of this Section 12.8 (and Section 7.7) shall continue to inure to its
benefit and the retiring Notes Collateral Agent shall not by reason of such resignation be deemed to be released from liability as to any actions taken or omitted to be taken by it while it was a Notes Collateral Agent under this Indenture. 

  
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 (g) The Company and each of the Holders by its acceptance of the Notes, and each Beneficial
Owner of an interest in a Note, hereby authorizes (i) the Trustee and each Notes Collateral Agent, respectively, to appoint co-Notes Collateral Agents, sub-agents
and other additional Notes Collateral Agents (and, in each case, appointment of such person shall be reflected in documentation, which the Trustee and each Notes Collateral Agent are hereby authorized to enter into) and (ii) TMF to perform its
duties and exercise its rights and powers hereunder and in connection with the Collateral by or through the TMF Sub-Agents acting under the applicable Collateral Documents. Except as otherwise explicitly
provided herein or in the Collateral Documents or the First Lien Intercreditor Agreement, no Notes Collateral Agent nor any of its respective officers, directors, employees or agents or other Related Persons shall be liable for failure to demand,
collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Collateral upon the request of any other Person or to take any other action whatsoever with regard to the
Collateral or any part thereof. Each Notes Collateral Agent shall be accountable only for amounts that it actually receives as a result of the exercise of such powers, and neither any Notes Collateral Agent nor any of their respective officers,
directors, employees or agents shall be responsible for any act or failure to act hereunder, except for its own gross negligence or willful misconduct. 

(h) Each Notes Collateral Agent is authorized and directed to (i) enter into the Collateral Documents to which it is party, whether
executed on or after the Issue Date, (ii) enter into the First Lien Intercreditor Agreement, (iii) make the representations of the Holders set forth in the Collateral Documents and First Lien Intercreditor Agreement, (iv) bind the
Holders on the terms as set forth in the Collateral Documents and the First Lien Intercreditor Agreement and (v) perform and observe its obligations under the Collateral Documents and the First Lien Intercreditor Agreement. 

(i) [Reserved]. 
 (j) If
applicable, each Notes Collateral Agent is each Holder’s agent for the purpose of perfecting the Holders’ security interest in assets which, in accordance with Article 9 of the UCC can be perfected only by possession. Should the Trustee
obtain possession of any such Collateral, upon request from the Company, the Trustee shall notify the Notes Collateral Agents thereof and promptly shall deliver such Collateral to the applicable Notes Collateral Agent or otherwise deal with such
Collateral in accordance with the Notes Collateral Agents’ instructions. 
 (k) No Notes Collateral Agent shall have any obligation
whatsoever to the Trustee or any of the Holders to assure that the Collateral exists or is owned by any Grantor or is cared for, protected, or insured or has been encumbered, or that such Notes Collateral Agent’s Liens have been properly or
sufficiently or lawfully created, perfected, protected, maintained or enforced or are entitled to any particular priority, or to determine whether all or the Grantor’s property constituting collateral intended to be subject to the Lien and
security interest of the Collateral Documents has been properly and completely listed or delivered, as the case may be, or the genuineness, validity, marketability or sufficiency thereof or title thereto, or 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 the Notes Collateral Agents pursuant to this Indenture, any Collateral Document or the First
Lien Intercreditor Agreement other than pursuant to the instructions of the Trustee or the Holders of a majority in aggregate principal amount of the Notes or as otherwise provided in the Collateral Documents, it being understood and agreed that in
respect of the Collateral, or any act, omission, or event related thereto, no Notes Collateral Agent shall have any other duty or liability whatsoever to the Trustee or any Holder or any other Notes Collateral Agent as to any of the foregoing. 

(l) If the Company or any Note Guarantor (i) incurs any obligations in respect of First Priority Obligations at any time when no First
Lien Intercreditor Agreement is in effect or at any time when Indebtedness constituting First Priority Obligations entitled to the benefit of an existing First Lien Intercreditor Agreement is concurrently retired, or incurs any other obligations
permitted hereunder and required to be subject to an intercreditor agreement, and (ii) delivers to the Notes Collateral Agents an Officer’s Certificate so stating and requesting the Notes Collateral Agents to enter into an intercreditor
agreement (on substantially the same terms as the First Lien Intercreditor Agreement) in favor of a designated agent or representative for the holders of the First 

  
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Priority Obligations so incurred, or on reasonable and customary terms with respect to any other such intercreditor agreement, the Notes Collateral Agents and the Trustee (as applicable) shall
(and are hereby authorized and directed to) enter into such intercreditor agreement (at the sole expense and cost of the Company, including legal fees and expenses of the Notes Collateral Agents), bind the Holders on the terms set forth therein and
perform and observe its obligations thereunder. 
 (m) If the Company or any Note Guarantor (i) incurs any obligations in respect of
Indebtedness on which a junior lien on the Collateral is to be granted, and (ii) delivers to the Notes Collateral Agents an Officer’s Certificate so stating and requesting the Notes Collateral Agents to enter into an intercreditor
agreement with a designated agent or representative for the holders of such Indebtedness or other obligations so incurred, and stating that such intercreditor agreement is on customary terms (as determined by the Company), the Notes Collateral
Agents and the Trustee (as applicable) shall (and are hereby authorized and directed to) enter into such intercreditor agreement (at the sole expense and cost of the Company, including legal fees and expenses of the Notes Collateral Agents), bind
the Holders on the terms set forth therein and perform and observe its obligations thereunder. 
 (n) No provision of this Indenture, the
First Lien Intercreditor Agreement or any Collateral Document shall require any Notes Collateral Agent (or the Trustee) to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or
thereunder or to take or omit to take any action hereunder or thereunder or take any action at the request or direction of Holders (or the Trustee in the case of a Notes Collateral Agent) unless it shall have first received indemnity satisfactory to
the applicable Notes Collateral Agent against potential costs and liabilities incurred by such Notes Collateral Agent relating thereto. Notwithstanding anything to the contrary contained in this Indenture, the First Lien Intercreditor Agreement or
the Collateral Documents, in the event any Notes Collateral Agent is entitled or required to commence an action to foreclose or otherwise exercise its remedies to acquire control or possession of the Collateral, such Notes Collateral Agent shall not
be required to commence any such action or exercise any remedy or to inspect or conduct any studies of any property under the mortgages or take any such other action if such Notes Collateral Agent has determined that such Notes Collateral Agent may
incur personal liability as a result of the presence at, or release on or from, the Collateral or such property, of any hazardous substances unless such Notes Collateral Agent has received security or indemnity from the Holders in an amount and in a
form all satisfactory to such Notes Collateral Agent in its sole discretion, protecting such Notes Collateral Agent from all such liability. Each Notes Collateral Agent shall at any time be entitled to cease taking any action described in this
paragraph (m) if it no longer reasonably deems any indemnity, security or undertaking from the Company or the Holders to be sufficient. 

(o) Each Notes Collateral Agent (i) shall not be liable for any action taken or omitted to be taken by it in connection with this
Indenture, the First Lien Intercreditor Agreement and the Collateral Documents or instrument referred to herein or therein, except to the extent that any of the foregoing are found by a final, non-appealable
judgment of a court of competent jurisdiction to have resulted from its own gross negligence or willful misconduct, (ii) shall not be liable for interest on any money received by it except as such Notes Collateral Agent may agree in writing
with the Company (and money held in trust by such Notes Collateral Agent need (a) shall be held uninvested without liability for interest, unless otherwise agreed in writing, (b) shall be held in a
non-interest bearing trust account and (c) not be segregated from other funds except to the extent required by law) and (iii) may consult with counsel of its selection and the advice or opinion of
such counsel as to matters of law shall be full and complete authorization and protection from liability in respect of any action taken, omitted or suffered by it in good faith and in accordance with the advice or opinion of such counsel. The grant
of permissive rights or powers to each Notes Collateral Agent shall not be construed to impose duties to act. 
 (p) No Notes Collateral
Agent nor the Trustee shall be liable for delays or failures in performance resulting from acts beyond its control. Such acts shall include but not be limited to acts of God, strikes, lockouts, riots, acts of war, epidemics, governmental regulations
superimposed after the fact, fire, communication line failures, computer viruses, power failures, earthquakes or other disasters. Neither any Notes Collateral Agent nor the Trustee shall be liable for any indirect, special, punitive, incidental or
consequential damages (included but not limited to lost profits) whatsoever, even if it has been informed of the likelihood thereof and regardless of the form of action. 

  
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 (q) No Notes Collateral Agent assumes any responsibility for any failure or delay in
performance or any breach by the Company or any other Grantor under this Indenture, the First Lien Intercreditor Agreement and the Collateral Documents. No Notes Collateral Agent shall be responsible to the Holders or any other Person for any
recitals, statements, information, representations or warranties contained in any Notes Documents or in any certificate, report, statement, or other document referred to or provided for in, or received by any Notes Collateral Agent under or in
connection with, this Indenture, the First Lien Intercreditor Agreement or any Collateral Document; the execution, validity, genuineness, effectiveness or enforceability of the First Lien Intercreditor Agreement and any Collateral Documents of any
other party thereto; the genuineness, enforceability, collectability, value, sufficiency, location or existence of any Collateral, or the validity, effectiveness, enforceability, sufficiency, extent, perfection or priority of any Lien therein; the
validity, enforceability or collectability of any Obligations; the assets, liabilities, financial condition, results of operations, business, creditworthiness or legal status of any obligor; or for any failure of any obligor to perform its
Obligations under this Indenture, the First Lien Intercreditor Agreement and the Collateral Documents. No Notes Collateral Agent shall have any obligation to any Holder or any other Person to ascertain or inquire into the existence of any Default or
Event of Default, the observance or performance by any obligor of any terms of this Indenture, the First Lien Intercreditor Agreement, the Credit Agreement or the Collateral Documents, or the satisfaction of any conditions precedent contained in
this Indenture, the First Lien Intercreditor Agreement or any Collateral Documents. No Notes Collateral Agent shall be required to initiate or conduct any litigation or collection or other proceeding under this Indenture, the First Lien
Intercreditor Agreement and the Collateral Documents unless expressly set forth hereunder or thereunder. Without limiting its obligations as expressly set forth herein, each Notes Collateral Agent shall have the right at any time to seek
instructions from the Holders with respect to the administration of the Notes Documents. 
 (r) The parties hereto and the Holders hereby
agree and acknowledge that the Notes Collateral Agents shall not assume, be responsible for or otherwise be obligated for any liabilities, claims, causes of action, suits, losses, allegations, requests, demands, penalties, fines, settlements,
damages (including foreseeable and unforeseeable), judgments, expenses and costs (including but not limited to, any remediation, corrective action, response, removal or remedial action, or investigation, operations and maintenance or monitoring
costs, for personal injury or property damages, real or personal) of any kind whatsoever, pursuant to any environmental law as a result of this Indenture, the First Lien Intercreditor Agreement, the Collateral Documents or any actions taken pursuant
hereto or thereto. Further, the parties hereto and the Holders hereby agree and acknowledge that in the exercise of its rights under this Indenture, the First Lien Intercreditor Agreement and the Collateral Documents, a Notes Collateral Agent may
hold or obtain indicia of ownership primarily to protect the security interest of such Notes Collateral Agent in the Collateral and that any such actions taken by such Notes Collateral Agent shall not be construed as or otherwise constitute any
participation in the management of such Collateral. However, if the Notes Collateral Agent is required to acquire title to an asset pursuant to this Indenture which in the Notes Collateral Agent’s reasonable discretion may cause the Notes
Collateral Agent to be considered an “owner or operator” under the provisions of the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), 42 U.S.C. §9601, et seq., or otherwise cause the
Notes Collateral Agent to incur liability under CERCLA or any equivalent federal, state or local law, the Notes Collateral Agent reserves the right, instead of taking such action, to either resign as the Notes Collateral Agent or arrange for the
transfer of the title or control of the asset to a court-appointed receiver. Neither any Notes Collateral Agent nor the Trustee shall be liable to the Company, the Guarantors or any other Person for any environmental claims or contribution actions
under any federal, state or local law, rule or regulation by reason of a Notes Collateral Agent or the Trustee’s actions and conduct as authorized, empowered and directed hereunder or relating to the discharge, release or threatened release of
hazardous materials into the environment. If at any time it is necessary, in connection with an exercise of remedies, for property to be possessed, owned, operated or managed by any Person (including any Notes Collateral Agent or the Trustee) other
than the Company or the Guarantors, a majority in interest of Holders shall direct the Notes Collateral Agent or the Trustee to appoint an appropriately qualified Person (excluding the Notes Collateral Agent or the Trustee) who they shall designate
to possess, own, operate or manage, as the case may be, the property. 
 (s) Upon the receipt by the applicable Notes Collateral Agent of an
Officer’s Certificate and an Opinion of Counsel, such Notes Collateral Agent is hereby authorized to execute and enter into, and shall execute and enter into, without the further consent of any Holder or the Trustee, any Collateral Document to
be executed after the Issue Date. Such Officer’s Certificate and an Opinion of Counsel shall (i) state that it is being delivered to such Notes Collateral Agent pursuant to this Section 12.8(s), and (ii) instruct such Notes
Collateral Agent to execute and enter into such Collateral Document. Any such execution of a Collateral Document shall be at the direction and expense of the Company, upon delivery to such Notes Collateral Agent of an Officer’s Certificate and
an Opinion of Counsel stating that all conditions precedent (if any) to the execution and delivery of the Collateral Document have been satisfied. The Holders, by their acceptance of the Notes, hereby authorize and direct each Notes Collateral Agent
to execute such Collateral Documents. 

  
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 (t) Subject to the provisions of the applicable Collateral Documents and the First Lien
Intercreditor Agreement, each Holder, by acceptance of the Notes, agrees that each Notes Collateral Agent shall execute and deliver the First Lien Intercreditor Agreement and the Collateral Documents to which it is a party and all agreements,
documents and instruments incidental thereto (including any releases permitted hereunder), and act in accordance with the terms thereof. For the avoidance of doubt, the Notes Collateral Agents shall not be required to exercise discretion under this
Indenture, the First Lien Intercreditor Agreement or the Collateral Documents and shall not be required to make or give any determination, consent, approval, request or direction without the written direction of the Holders of a majority in
aggregate principal amount of the then outstanding Notes or the Trustee, as applicable, except as otherwise expressly provided for herein or in any Collateral Document. 

(u) After the occurrence of an Event of Default, the Trustee, acting at the direction of the Holders of a majority of the aggregate principal
amount of the Notes then outstanding, may direct the Notes Collateral Agents in connection with any action required or permitted by this Indenture, the Collateral Documents or the First Lien Intercreditor Agreement. 

(v) Each Notes Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the Holders distributed under the
Collateral Documents or the First Lien Intercreditor Agreement and to the extent not prohibited under the First Lien Intercreditor Agreement, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and the
Holders in accordance with the provisions of Section 6.10 hereof and the other provisions of this Indenture. 
 (w) Subject to the terms
of the Collateral Documents, in each case that a Notes Collateral Agent may or is required hereunder or under any other Notes Document to take any action (an “Action”), including without limitation to make any determination, to give
consents, to exercise rights, powers or remedies, to release or sell Collateral or otherwise to act hereunder or under any other Notes Document, the Notes Collateral Agents may seek direction from the Holders of a majority in aggregate principal
amount of the then outstanding Notes. Each Notes Collateral Agent shall not be liable with respect to any Action taken or omitted to be taken by it in accordance with the direction from the Holders of a majority in aggregate principal amount of the
then outstanding Notes. Subject to the terms of the Collateral Documents, if a Notes Collateral Agent shall request direction from the Holders of a majority in aggregate principal amount of the then outstanding Notes with respect to any Action, such
Notes Collateral Agent shall be entitled to refrain from such Action unless and until such Notes Collateral Agent shall have received direction from the Holders of a majority in aggregate principal amount of the then outstanding Notes, and such
Notes Collateral Agent shall not incur liability to any Person by reason of so refraining. 
 (x) Notwithstanding anything to the contrary in
this Indenture or any other Notes Document, in no event shall any Notes Collateral Agent or the Trustee be responsible for, or have any duty or obligation with respect to, the recording, filing, registering, perfection, protection or maintenance of
the security interests or Liens intended to be created by this Indenture or the other Notes Documents (including without limitation the filing or continuation of any UCC or PPSA financing or continuation statements or similar documents or
instruments (or analogous procedures under the applicable laws in the relevant Covered Jurisdiction), nor shall any Notes Collateral Agent or the Trustee be responsible for, and neither the Notes Collateral Agents nor the Trustee makes any
representation regarding, the validity, effectiveness or priority of any of the Collateral Documents or the security interests or Liens intended to be created thereby. Additionally, neither any Notes Collateral Agent nor the Trustee shall be
responsible for providing, maintaining, monitoring or preserving insurance on or the payment of taxes with respect to any of the Collateral. 

(y) Before a Notes Collateral Agent acts or refrains from acting in each case at the request or direction of the Company, the Note Guarantors,
or the Trustee, it may require an Officer’s Certificate and an Opinion of Counsel, which shall conform to the provisions of Section 11.4 hereof. Each Notes Collateral Agent shall not be liable for any action it takes or omits to take in
good faith in reliance on such certificate or opinion. 

  
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 (z) Notwithstanding anything to the contrary contained herein, each Notes Collateral Agent
shall act pursuant to the instructions of the Holders and/or the Trustee solely with respect to the Collateral Documents and the Collateral. 

(aa) The Company shall pay compensation to, reimburse expenses of and indemnify each Notes Collateral Agent in accordance with Section 7.7
hereof. Accordingly, the reference to the “Trustee” in Section 6.10, Section 7.7 and Section 7.8 hereof shall be deemed to include the reference to the Notes Collateral Agents and Section 7.7 of this Indenture shall
apply mutatis mutandis to the Notes Collateral Agents in their capacity as such, provided that for the purposes of this Section 12.8(aa), any reference to the negligence of the Trustee in 7.7 shall be deemed to be references to the gross
negligence of the Notes Collateral Agents. 
 (bb) The Company and each of the Holders by acceptance of the Notes acknowledges and directs
that the benefits, indemnities, privileges, protections, and rights of each Notes Collateral Agent shall extend to (and may be claimed directly or by the applicable Notes Collateral Agent on behalf of) each
sub-agent and each TMF Sub-Agent (and TMF, by its signature below, acknowledges the same on behalf of and for the benefit of each TMF
Sub-Agent), as the case may be. 
 (cc) Beyond the exercise of reasonable care in the custody
thereof, neither any Notes Collateral Agent nor the Trustee shall have duty as to any Collateral in its possession or control or in the possession or control of any agent or bailee or any income thereon or as to preservation of rights against prior
parties or any other rights pertaining thereto. Any Notes Collateral Agent shall be deemed to have exercised reasonable care in the custody of the Collateral in its possession if the Collateral is accorded treatment substantially equal to that which
it accords its own property and shall not be liable or responsible for any loss or diminution in the value of any of the Collateral, by reason of the act or omission of any carrier, forwarding agency or other agent or bailee selected by the Notes
Collateral Agent in good faith. 
 (dd) Neither any Notes Collateral Agent nor the Trustee shall be responsible for the existence,
genuineness or value of any of the Collateral or for the validity, perfection, priority or enforceability of the Liens in any of the Collateral, whether impaired by operation of law or by reason of any of any action or omission to act on its part
hereunder, except to the extent such action or omission constitutes gross negligence or willful misconduct on the part of the Notes Collateral Agent, for the validity or sufficiency of the Collateral or any agreement or assignment contained therein,
for the validity of the title of the applicable Grantor to the Collateral, for insuring the Collateral or for the payment of taxes, charges, assessments or Liens upon the Collateral or otherwise as to the maintenance of the Collateral. 

ARTICLE 13 
 PARALLEL DEBT 

Section 13.1 Purpose; Governing Law. This Article 13 is included in this Indenture solely for the purpose of ensuring the
validity and effect of certain security rights governed by the laws of the Netherlands, Poland, Hungary, Mexico and Switzerland, granted pursuant to the applicable Collateral Documents and, for the avoidance of doubt, shall not limit the rights and
remedies provided to the First Lien Notes Secured Parties by the other provisions hereof and of any of the other Notes Documents. Moreover, the provisions of Section 13.3 hereof shall be governed by the laws of Hungary. 

Section 13.2 Parallel Debt (The Netherlands and Poland). 

(a) Notwithstanding anything to the contrary contained in this Indenture and the Collateral Documents and for the purpose of the security
rights granted and to be granted under or pursuant to the Collateral Documents governed by the laws of The Netherlands and the laws of Poland (the “Foreign Security Agreements”), the Company and each Note Guarantor that is a party
to the Foreign Security Agreements undertake to pay to any Notes Collateral Agent, in its individual capacity as creditor in its own right and not as agent, representative or trustee, as a separate independent obligation to such Notes Collateral
Agent, the amount of its Parallel Debt. Moreover, the security rights contemplated by the applicable Foreign Security Agreements are granted in favor of the applicable Notes Collateral Agent in its individual capacity and not as agent,
representative or trustee of the Holders of the Notes, as security for its claims under the Parallel Debt and consequently such Notes Collateral Agent becoming the sole security beneficiary of such security rights. 

  
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 (b) No person shall be obligated to pay any amount representing Parallel Debt unless and
until a corresponding amount of the Underlying Debt shall have become due and payable. 
 (c) To the extent any amount is paid to and
received by the applicable Notes Collateral Agent in payment of the Parallel Debt, the total amount due and payable in respect of the Underlying Debt shall be decreased as if such amount were received by the First Lien Notes Secured Parties or any
of them in payment of the corresponding Underlying Debt. 
 Section 13.3 Parallel Debt (Hungary). The Trustee and each First
Lien Notes Secured Party (other than the Notes Collateral Agents) hereby authorizes and appoints the applicable Notes Collateral Agent to accept, manage and enforce, as its representative (in Hungarian:
“bizományos” or, after the entry into force of Act V of 2013 on the new Hungarian civil code (the “New Hungarian Civil Code”), “zálogjogosulti
bizományos”) any charge based Collateral granted to such Notes Collateral Agent in relation to this Indenture and the Collateral Documents and to act and execute on its behalf in such capacity, subject to the
terms of the Guarantee entered into by a Note Guarantor incorporated under the laws of Hungary, amendments or releases of, accessions and alterations to, and to carry out similar dealings with regard to this Indenture or any Collateral Document
governed by the laws of Hungary or entered into by a Note Guarantor incorporated under the laws of Hungary. For the purposes of the New Hungarian Civil Code, (i) this provision constitutes the agreement of all First Lien Notes Secured Parties
regarding the authorization and appointment of the applicable Notes Collateral Agent as “zálogjogosulti bizományos” for enforcing, managing and administering any charge based
Collateral entered into by a Guarantor incorporated under the laws of Hungary (for the purposes of, and as envisaged by, Article 5:96.§ (1) of the New Hungarian Civil Code); (ii) in case there are discrepancies (including inter alia
matters pertaining to sharing, settlement, flow of funds and rights of Notes Collateral Agents) not expressly regulated by Hungarian law between the regulations of Article 5:96.§ (1) of the New Hungarian Civil Code and this Indenture, the
terms of this Indenture shall prevail to the extent permitted by law; and (iii) as permitted by Regulation (EC) No 593/2008 of 17 June 2008, this Section 13.3 shall be governed by Hungarian law. Each Notes Collateral Agent hereby
accepts and the Note Guarantors hereby acknowledge such appointment as of the date hereof. 
 Section 13.4 Parallel Debt
(Mexico). For the purpose of any Collateral Document or Lien governed by the laws of Mexico (the “Mexican Security Documents”) and all security interests created thereunder: 

(a) Notwithstanding any other provision of this Indenture, the Company and each Note Guarantor hereby irrevocably and
unconditionally undertakes to pay to the applicable Notes Collateral Agent, as creditor in its own right and not as representative of the other First Lien Notes Secured Parties, sums equal to and in the currency of each amount payable by the Company
and each such Note Guarantor to each of the First Lien Notes Secured Parties under this Indenture, The Notes and each of the Collateral Documents as and when that amount falls due for payment under this Indenture, the Notes or the relevant
Collateral Document (the “Mexican Parallel Debt”) 
 (b) The Company and each Note Guarantor and each Notes
Collateral Agent acknowledge that the obligations of the Company and each Note Guarantor under paragraph (a) above are several and are separate and independent from, and shall not in any way limit or affect, the corresponding obligations of the
Company or that Note Guarantor, as applicable, to any First Lien Notes Secured Party under this Indenture, the Notes or any Collateral Document (as used in this Section 13.4, its “Corresponding Debt”) nor shall the amounts for
which the Company and each Note Guarantor is liable under the Mexican Parallel Debt be limited or affected in any way by its Corresponding Debt; provided that: 

(i) The Mexican Parallel Debt of the Company and each Note Guarantor shall be decreased to the extent that its Corresponding
Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; 

  
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 (ii) The Corresponding Debt of the Company and each Note Guarantor shall be
decreased to the extent that its Mexican Parallel Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; 

(iii) The Mexican Parallel Debt will become due and payable at the same time as the Corresponding Debt becomes due and
payable; and 
 (iv) The aggregate amount outstanding under the Mexican Parallel Debt will never exceed the aggregate amount
outstanding under the Corresponding Debt. 
 (c) For the purpose of this Section 13.4, each Notes Collateral Agent acts
in its own name and not as a trustee, and its claims in respect of the Mexican Parallel Debt shall not be held on trust. The Collateral granted under the Mexican Security Documents to the applicable Notes Collateral Agent pursuant to the provisions
of this Section 13.4 is granted to such Notes Collateral Agent in its capacity as creditor of the Mexican Parallel Debt and shall not be held on trust. 

(d) All moneys received or recovered by any Notes Collateral Agent pursuant to this Section 13.4, and all amounts received
or recovered by any Notes Collateral Agent from or by the enforcement of any Collateral granted under the Mexican Security Documents, shall be applied in accordance with this Indenture. 

(e) For the purpose of any vote taken under this Indenture or any Collateral Document, no Notes Collateral Agent shall be
regarded as having any participation or commitment other than those which it has, if any, in its capacity as a Holder. 
 Section 13.5
Parallel Debt (Switzerland). For the purpose of any Collateral Document or Lien governed by the laws of Switzerland (the “Swiss Security Documents”) and all security interests created thereunder: 

(a) Notwithstanding any other provision of this Indenture, the Company and each Note Guarantor hereby irrevocably and
unconditionally undertakes to pay to the applicable Notes Collateral Agent, as creditor in its own right and not as representative of the other First Lien Notes Secured Parties, amounts equal to and in the currency of each Payable Amount as and when
that Payable Amount falls due for payment under this Indenture, the Notes or the relevant Collateral Document (the “Swiss Parallel Debt”). For the purpose of this Section 13.5, “Payable Amount” means in
relation to the Company or a Note Guarantor, any amount payable by the Company or such Note Guarantor to each of the First Lien Notes Secured Parties under this Indenture, the Notes and each of the Collateral Documents, but excluding any amounts of
parallel debt payable by the Company or such Note Guarantor pursuant to this Article 13. 
 (b) The Company and each Note
Guarantor and each Notes Collateral Agent acknowledge that the obligations of the Company and each Note Guarantor under paragraph (a) above are several and are separate and independent from, and shall not in any way limit or affect, the
corresponding obligations of the Company or that Note Guarantor, as applicable, to any First Lien Notes Secured Party under this Indenture, the Notes or any Collateral Document (as used in this Section 13.5, its “Corresponding
Debt”) nor shall the amounts for which the Company and each Note Guarantor is liable under the Swiss Parallel Debt be limited or affected in any way by its Corresponding Debt; provided that: 

(i) the Swiss Parallel Debt of the Company and of each Note Guarantor shall be decreased to the extent that its Corresponding
Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; 
 (ii) the Corresponding Debt of the
Company and of each Note Guarantor shall be decreased to the extent that its Swiss Parallel Debt has been irrevocably paid or (in the case of guarantee obligations) discharged; and 

  
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 (iii) the amount of the Swiss Parallel Debt of the Company or,
respectively, a Note Guarantor shall at all times be equal to the amount of its Corresponding Debt. 
 (c) All monies
received or recovered by any Notes Collateral Agent pursuant to this Section 13.5, and all amounts received or recovered by any Notes Collateral Agent from or by the enforcement of any Collateral granted under the Swiss Security Documents,
shall be applied in accordance with this Indenture. 
 (d) For the purpose of any vote taken under this Indenture, the Notes
or any Collateral Document, no Notes Collateral Agent shall be regarded as having any participation or commitment other than those which it has, if any, in its capacity as a Holder. 

Section 13.6 Additional Parallel Debt Provisions. In the case of any Note Guarantor that becomes a Note Guarantor after the Issue
Date and is located in a jurisdiction where Parallel Debt provisions are customary or required, the Company, the Note Guarantors and the Trustee are hereby authorized to provide for Parallel Debt, in customary form (as determined by the Company in
its sole discretion) in the supplemental indenture with respect to such Guarantor’s guarantee. The Trustee and the Company, without the consent of any Holder, may also incorporate into this Indenture additional Parallel Debt provisions as
necessary to address After-Acquired Property in any jurisdiction where no assets are pledged by a guarantor organized therein on the Issue Date. 

[SIGNATURE PAGES FOLLOW] 

  
 -106- 

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

			
	BAUSCH HEALTH COMPANIES INC.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer

 [Signature Page to First Lien Notes Indenture] 

 
			
	GUARANTORS:
	
	BAUSCH HEALTH AMERICAS, INC.
		
	By:	 	 /s/ William N. Woodfield

		 	Name:William N. Woodfield
		 	Title:Senior Vice President, Treasurer

 [Signature Page to First Lien Notes Indenture] 

 
			
	BAUSCH HEALTH US, LLC
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer
	
	 MEDICIS PHARMACEUTICAL

CORPORATION

		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer
	
	ORAPHARMA, INC.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer
	
	PRECISION DERMATOLOGY, INC.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer
	
	SALIX PHARMACEUTICALS, INC.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer
	
	SALIX PHARMACEUTICALS, LTD.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer

 [Signature Page to First Lien Notes Indenture] 

 
			
	SANTARUS, INC.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer
	
	SOLTA MEDICAL, INC.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer
	
	VRX HOLDCO LLC
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Senior Vice President, Treasurer

 [Signature Page to First Lien Notes Indenture] 

 
			
	VALEANT CANADA GP LIMITED
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Vice President, Treasurer
	
	 VALEANT CANADA S.E.C./VALEANT CANADA LP
  

By: Valeant Canada GP Limited, its general partner

		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Vice President, Treasurer
	
	V-BAC HOLDING CORP.
		
	By:	 	 /s/ Jeremy M. Lipshy

		 	Name: Jeremy M. Lipshy
		 	Title: Vice President
	
	BAUSCH HEALTH, CANADA INC.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Vice President, Treasurer

 [Signature Page to First Lien Notes Indenture] 

 
			
	HUMAX PHARMACEUTICAL S.A.
		
	By:	 	 /s/ Luis Alejandro Mendez Madriz

		 	Name: Luis Alejandro Mendez Madriz
		 	Title: Legal Representative

 [Signature Page to First Lien Notes Indenture] 

 
			
	BAUSCH HEALTH HUNGARY LLC
		
	By:	 	 /s/ Viktória Nagy

		 	Name: Viktória Nagy
		 	Title: Managing Director
		
	By:	 	 /s/ János András Nánay, dr.

		 	Name: János András Nánay, dr.
		 	Title: Managing Director

 [Signature Page to First Lien Notes Indenture] 

 
			
	BAUSCH HEALTH IRELAND LIMITED
		
	By:	 	 /s/ Michael Kennan

		 	Name: Michael Kennan
		 	Title: Director
	
	BAUSCH HEALTH HOLDCO LIMITED
		
	By:	 	 /s/ Michael Kennan

		 	Name: Michael Kennan
		 	Title: Director
	
	SOLTA MEDICAL IRELAND LIMITED
		
	By:	 	 /s/ Michael Kennan

		 	Name: Michael Kennan
		 	Title: Director

 [Signature Page to First Lien Notes Indenture] 

 
			
	VALEANT FINANCE LUXEMBOURG S.À R.L.
		
	By:	 	 /s/ Simon Maire

		 	Name: Simon Maire
		 	Title: Manager B

 [Signature Page to First Lien Notes Indenture] 

 
			
	BAUSCH & LOMB MEXICO, S.A. DE C.V.
		
	By:	 	 /s/ William N. Woodfield

		 	Name: William N. Woodfield
		 	Title: Vice President and Treasurer

 [Signature Page to First Lien Notes Indenture] 

 
			
	BAUSCH+LOMB OPS B.V.
		
	By:	 	 /s/ Patrick Emanuel Petrus Jacobus Gunther

		 	Name: Patrick Emanuel Petrus Jacobus Gunther
		 	Title: Managing Director
		
	By:	 	 /s/ Maria Margaretha Catharina Schuit

		 	Name: Maria Margaretha Catharina Schuit
		 	Title: Managing Director
	
	SOLTA MEDICAL DUTCH HOLDINGS B.V.
		
	By:	 	 /s/ Robert Meijer

		 	Name: Robert Meijer
		 	Title: Managing Director
		
	By:	 	 /s/ Michael Anthony Kennan

		 	Name: Michael Anthony Kennan
		 	Title: Manager Director

 [Signature Page to First Lien Notes Indenture] 

 
			
	PRZEDSIĘBIORSTWO FARMACEUTYCZNE JELFA S.A.
		
	By:	 	 /s/ Waldemar Stepień

		 	Name: Waldemar Stępień
		 	Title: President of the Management Board
		
	By:	 	 /s/ Ryszard Bukowski

		 	Name: Ryszard Bukowski
		 	Title: Member of the Management Board
	
	BAUSCH HEALTH POLAND SPÓLKA Z OGRANICZONĄ ODPOWIEDZIALNOŚCIĄ
		
	By:	 	 /s/ Cornelis Jan Heiman

		 	Name: Cornelis Jan Heiman
		 	Title: President of the Management Board
	
	ICN POLFA RZESZÓW S.A.
		
	By:	 	 /s/ Tadeusz Pietrasz

		 	Name: Tadeusz Pietrasz
		 	Title: President of the Management Board

 [Signature Page to First Lien Notes Indenture] 

 
			
	PHARMASWISS SA
		
	By:	 	 /s/ Matthias Courvoisier

		 	Name: Matthias Courvoisier
		 	Title: Director

 [Signature Page to First Lien Notes Indenture] 

 
			
	THE BANK OF NEW YORK MELLON, AS TRUSTEE
		
	By:	 	 /s/ Stacey B. Poindexter

		 	Name: Stacey B. Poindexter
		 	Title: Vice President

 [Signature Page to First Lien Notes Indenture] 

 
			
	THE BANK OF NEW YORK MELLON, AS NOTES COLLATERAL AGENT
		
	By:	 	 /s/ Stacey B. Poindexter

		 	Name: Stacey B. Poindexter
		 	Title: Vice President

 [Signature Page to First Lien Notes Indenture] 

 
			
	BNY MELLON CORPORATE TRUSTEE SERVICES LIMITED, AS NOTES COLLATERAL AGENT
		
	By:	 	 /s/ Marco Thuo

		 	Name: Marco Thuo
		 	Title: Attorney-in-Fact

 [Signature Page to First Lien Notes Indenture] 

 
			
	TMF GROUP NEW YORK, LLC, AS NOTES COLLATERAL AGENT
		
	By:	 	 /s/ Albert J. Fioravanti

		 	Name: Albert J. Fioravanti
		 	Title: Managing Director

 [Signature Page to First Lien Notes Indenture] 

 EXHIBIT A 

BAUSCH HEALTH COMPANIES INC. 

11.00% SENIOR SECURED NOTES DUE 2028 

[FORM OF FACE OF NOTE] 
 [UNLESS
THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO.
OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (AND ANY PAYMENT HEREON IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY
TRUST COMPANY), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL SINCE THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. THIS NOTE IS A GLOBAL NOTE WITHIN THE MEANING OF THE
INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF A DEPOSITARY OR A NOMINEE THEREOF. THIS NOTE IS EXCHANGEABLE FOR SECURITIES REGISTERED IN THE NAME OF A PERSON OTHER THAN THE DEPOSITARY OR ITS NOMINEE ONLY IN THE LIMITED
CIRCUMSTANCES DESCRIBED IN THE INDENTURE AND, UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR SECURITIES IN DEFINITIVE FORM, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE
OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR A NOMINEE OF SUCH SUCCESSOR DEPOSITARY.]1 

[THIS NOTE HAS NOT BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY
NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS EXCEPT AS SET FORTH BELOW. BY ITS ACQUISITION HEREOF, THE HOLDER (1) REPRESENTS THAT (A) IT IS A “QUALIFIED INSTITUTIONAL
BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT), (B) IT IS NOT A U.S. PERSON AND IS ACQUIRING THIS NOTE IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT OR (C) IT IS AN ACCREDITED INVESTOR (AS
DEFINED IN RULE 501(a)(1), (2), (3), OR (7) UNDER THE SECURITIES ACT (AN “ACCREDITED INVESTOR”)), (2) AGREES THAT IT WILL NOT PRIOR TO THE FIRST ANNIVERSARY OF THE ORIGINAL ISSUANCE OF THIS NOTE RESELL OR OTHERWISE TRANSFER THIS NOTE
EXCEPT (A) TO THE COMPANY OR ANY SUBSIDIARY THEREOF, (B) INSIDE THE UNITED STATES TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, (C) INSIDE THE UNITED STATES TO AN ACCREDITED INVESTOR THAT,
PRIOR TO SUCH TRANSFER, FURNISHES (OR HAS FURNISHED ON ITS BEHALF BY A U.S. BROKER- DEALER) TO THE TRUSTEE A SIGNED LETTER CONTAINING CERTAIN REPRESENTATIONS AND AGREEMENTS RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS NOTE (THE FORM OF WHICH
LETTER CAN BE OBTAINED FROM THE TRUSTEE FOR THIS NOTE), (D) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 UNDER THE SECURITIES ACT (IF AVAILABLE), (E) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE
144 UNDER THE SECURITIES ACT (IF AVAILABLE), (F) IN ACCORDANCE WITH ANOTHER EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT (AND BASED UPON AN OPINION OF COUNSEL IF THE COMPANY SO REQUESTS), OR (G) PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND (3) AGREES THAT IT WILL GIVE TO EACH PERSON TO WHOM THIS NOTE IS TRANSFERRED A NOTICE SUBSTANTIALLY 

 

	1 	 Include only if the Note is a Global Note. 

  
 A-1 

 
TO THE EFFECT OF THIS LEGEND. IN CONNECTION WITH ANY TRANSFER OF THIS NOTE WITHIN ONE YEAR AFTER THE ORIGINAL ISSUANCE OF THIS NOTE, IF THE PROPOSED TRANSFEREE IS AN ACCREDITED INVESTOR, THE
HOLDER MUST, PRIOR TO SUCH TRANSFER, FURNISH TO THE TRUSTEE AND THE COMPANY SUCH CERTIFICATIONS, LEGAL OPINIONS OR OTHER INFORMATION AS EITHER OF THEM MAY REASONABLY REQUIRE TO CONFIRM THAT SUCH TRANSFER IS BEING MADE PURSUANT TO AN EXEMPTION FROM,
OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. AS USED HEREIN, THE TERMS “OFFSHORE TRANSACTION,” “UNITED STATES” AND “U.S. PERSON” HAVE THE MEANING GIVEN TO THEM BY REGULATION S
UNDER THE SECURITIES ACT.]2 
 [THIS NOTE AND ANY RELATED DOCUMENTATION MAY BE AMENDED
OR SUPPLEMENTED FROM TIME TO TIME TO MODIFY THE RESTRICTIONS ON RESALES AND OTHER TRANSFERS OF THIS NOTE TO REFLECT ANY CHANGE IN APPLICABLE LAW OR REGULATION (OR THE INTERPRETATION THEREOF) OR IN PRACTICES RELATING TO THE RESALE OR TRANSFER OF
RESTRICTED SECURITIES GENERALLY. THE HOLDER OF THIS NOTE SHALL BE DEEMED BY THE ACCEPTANCE OF THIS NOTE TO HAVE AGREED TO ANY SUCH AMENDMENT OR SUPPLEMENT.]3 

[CANADIAN RESALE LEGEND 
 UNLESS
PERMITTED UNDER SECURITIES LEGISLATION, THE HOLDER OF THIS NOTE OR A BENEFICIAL INTEREST HEREIN MUST NOT TRADE THIS NOTE OR THE BENEFICIAL INTEREST HEREIN BEFORE THE DATE THAT IS 4 MONTHS AND A DAY AFTER SEPTEMBER 30, 2022.]4 
  
  

 
  

	2 	 Include only if the Note is a Restricted Note. 

	3 	 Include only if the Note is a Restricted Note. 

	4 	 Include until no longer necessary under Canadian securities laws. 

  
 A-2 

 BAUSCH HEALTH COMPANIES INC. 

CUSIP: 144A: 071734 AQ0, Reg. S: C07885 AL7 

			
	ISIN: 144A: US071734AQ04, Reg. S: USC07885AL76	 	No. [    ]

 11.00% SENIOR SECURED NOTES DUE 2028 

Bausch Health Companies Inc., a corporation continued under the laws of the Province of British Columbia (the “Company,”
which term shall include any successor corporation under the Indenture referred to on the reverse hereof) promises to pay to ______________________________ or its registered assigns, the principal sum of ________________________ Dollars
($__________) on September 30, 2028 [or such greater or lesser amount as is indicated on the Schedule of Exchanges of Notes on the other side of this Note]5 and to pay interest thereon as
provided on the other side of this Note. 
 Interest Payment Dates: March 30 and September 30, beginning March 30, 2023. 

Record Dates: March 15 and September 15. 

Additional provisions of this Note are set forth on the other side of this Note. 

 
  

	5 	 Include only if the Note is a Global Note. 

  
 A-3 

 IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed. 

 

			
	BAUSCH HEALTH COMPANIES INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 A-4 

			
	 Trustee’s Certificate of Authentication:

This is one of the Notes referred to in the within-mentioned Indenture for the 11.00% Senior Secured Notes due 2028.

	
	THE BANK OF NEW YORK MELLON, as Trustee
		
	By:	 	  

		 	Authorized Signatory
		
	Dated:	 	  

  
 A-5 

 [FORM OF REVERSE SIDE OF NOTE] 

BAUSCH HEALTH COMPANIES INC. 

11.00% SENIOR SECURED NOTES DUE 2028 
 1.
INTEREST 
 The Company shall pay interest on this Note semiannually in arrears on March 30 and September 30, each an
“interest payment date,” of each year, commencing on March 30, 2023, at the rate per annum specified in the title of this Note. Interest shall accrue from and including September 30, 2022 or else the most recent interest
payment date to which interest had been paid or duly provided for to but excluding the date on which such interest is paid. Interest on this Note will be computed on the basis of a 360-day year of twelve 30-day months. 
 The Company shall, (in immediately available funds) to the fullest extent permitted by
law, pay interest on overdue principal (including premium, if any) and overdue installments of interest from the original due date to the date paid, at the rate applicable to this Note, which interest shall be payable on demand. 

The interest so payable and punctually paid or duly provided for on any interest payment date will be paid to the Person in whose name this
Note is registered at the close of business on March 15 and September 15 preceding such interest payment date (the “Record Date”) except as provided in the Indenture. Payment of the principal of (and premium, if any) and
interest on this Note will be made in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts and as otherwise provided in the Indenture. 

2. METHOD OF PAYMENT 
 [The Company will make
payments in respect of this Note (including principal, premium, if any, interest) by wire transfer of immediately available funds to the accounts specified by the Holder.]6 [The Company will make
all payments of principal, interest and premium, if any, with respect to this Note by wire transfer of immediately available funds to the accounts specified by the Holders, in the case of a Holder holding an aggregate principal amount of Notes of
$1,000,000 or more, or, if no such account is specified or in the case of a Holder holding an aggregate principal amount of Notes of less than $1,000,000, by mailing a check to each such Holder’s registered address.]7 All payments shall be made in immediately available funds in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.
Payments to any Holder holding an aggregate principal amount of Notes in excess of $1,000,000 shall be made by wire transfer in immediately available funds to an account maintained by such Holder in the United States, if such Holder has provided
wire transfer instructions to the Company at least 10 Business Days prior to the payment date. Any wire transfer instructions received by the Trustee will remain in effect until revoked by the Holder. Notwithstanding the foregoing, so long as this
Note is registered in the name of a Depositary or its nominee, all payments hereon shall be made by wire transfer of immediately available funds to the account of the Depositary or its nominee. 

3. PAYING AGENT AND REGISTRAR 
 Initially, The
Bank of New York Mellon (the “Trustee”) will act as Paying Agent and Registrar. The Company may change any Paying Agent or Registrar without notice to the Holder. The Company or any of their Subsidiaries may, subject to certain
limitations set forth in the Indenture, act as Paying Agent or Registrar. 
  
  

 

	6 	 Include only if the Note is a Global Note. 

	7 	 Include only if the Note is a Definitive Note. 

  
 A-6 

 4. INDENTURE, LIMITATIONS 

This Note is one of a duly authorized issue of Notes of the Company designated as its 11.00% Senior Secured Notes due 2028 (the
“Notes”), issued under an Indenture dated as of September 30, 2022 (together with any supplemental indentures thereto, the “Indenture”), among the Company, the Note Guarantors, the Trustee and the Notes
Collateral Agents. The terms of this Note include those stated in the Indenture. This Note is subject to all such terms, and the Holder of this Note is referred to the Indenture and said Act for a statement of them. Capitalized terms used and not
defined herein have the meanings assigned to such terms in the Indenture. 
 The Company shall be entitled to issue Additional Notes
pursuant to Section 2.1(c) of the Indenture. 
 5. OPTIONAL REDEMPTION; PURCHASE OF NOTES AT OPTION OF HOLDER; OFFER TO PURCHASE BY APPLICATION OF
EXCESS PROCEEDS 
 (a) Optional Redemption. The Notes are redeemable at the option of the Company at the prices, and upon the terms
and conditions, set forth in Section 3.7 of the Indenture. 
 (b) Purchase of Notes at Option of Holder. If there is a Change of
Control, the Company shall be required to make an offer (a “Change of Control Offer”) to repurchase all or any part (equal to $1,000 or an integral multiple of $1,000 in excess thereof) of each Holder’s Notes at a purchase
price equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest thereon, if any, to, but excluding, the date of purchase. Within 30 days following any Change of Control, the Company shall transmit a notice to each
Holder setting forth the procedures governing the Change of Control Offer as required by the Indenture. 
 (c) Offer to Purchase by
Application of Excess Proceeds. After the Company or a Restricted Subsidiary consummates any Asset Sale, the Company may be required to purchase Notes, as further specified in the Indenture. 

(d) Notice of Redemption. Notice of redemption will be given at least 10 days but not more than 60 days before the redemption date to
each Holder whose Notes are to be redeemed at its registered address. Notes in denominations larger than $1,000 may be redeemed in part but only in whole multiples of $1,000, unless all of the Notes held by a Holder are to be redeemed. On and after
the redemption date, subject to satisfaction of any conditions precedent, interest ceases to accrue on Notes or portions thereof called for redemption. 

6. DENOMINATIONS, TRANSFER, EXCHANGE, CANCELLATION 

The Notes are in registered form, without coupons, in denominations of $1,000 and integral multiples of $1,000 in excess thereof. A Holder may
register the transfer of or exchange Notes in accordance with the Indenture. The Registrar may require a Holder, among other things, to furnish appropriate endorsements and transfer documents and to pay any taxes or other governmental charges that
may be imposed in relation thereto by law or permitted by the Indenture. 
 All Notes surrendered for payment, registration of transfer or
exchange or conversion will, if surrendered to the Company or any of its other Agents with respect to the Notes, be delivered to the Trustee. The Trustee will promptly cancel all Notes delivered to it. No Notes will be authenticated in exchange for
any Notes cancelled, except as provided in the Indenture. 
 7. PERSONS DEEMED OWNERS 

The Holder of a Note may be treated as the owner of it for all purposes. 

8. GUARANTEES, COLLATERAL 
 This Note is
guaranteed, as set forth in the Indenture, and is secured by Liens on certain Collateral as specified in the Indenture and the Collateral Documents. 

  
 A-7 

 9. UNCLAIMED MONEY 

If money for the payment of principal or interest remains unclaimed for two years, the Trustee or Paying Agent will pay the money back to the
Company at its written request, subject to applicable unclaimed property law. After that, Holders entitled to money must look to the Company for payment as general creditors unless an applicable abandoned property law designates another person. 

10. AMENDMENT, SUPPLEMENT AND WAIVER 
 Subject to
certain exceptions, the Indenture (with respect to the Notes) or the Notes may be amended or supplemented with the consent of the Holders of at least a majority in aggregate principal amount of the then outstanding Notes, and an existing default or
Event of Default and its consequence or compliance with any provision of the Indenture or the Notes may be waived in a particular instance with the consent of the Holders of a majority in aggregate principal amount of the Notes then outstanding.
Without the consent of or notice to any Holder, the Company and the Trustee may amend or supplement the Indenture (with respect to the Notes) or the Notes to, among other things, cure any ambiguity, defect or inconsistency or make any other change
that does not adversely affect the rights of any Holder. 
 In addition, except as set forth under Article 10 of the Indenture, without the
consent of Holders of at least 66 2/3% in principal amount of the Notes then outstanding (including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, Notes), no amendment or supplement
may release the Note Guarantees and the Collateral. 
 11. SUCCESSOR ENTITY 

When a successor corporation assumes all the obligations of its predecessor under the Notes and the Indenture in accordance with the terms and
conditions of the Indenture, the predecessor corporation (except in certain circumstances specified in the Indenture) shall be released from those obligations. 

12. DEFAULTS AND REMEDIES 
 If an Event of
Default, as defined in the Indenture, occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount of the Notes may declare all the Notes to be due and payable. If a bankruptcy or insolvency default with respect to the
Company occurs and is continuing, the Notes automatically become due and payable. Holders may not enforce the Indenture or the Notes except as provided in the Indenture. The Trustee may require indemnity satisfactory to it before it enforces the
Indenture or the Notes. Subject to certain limitations, Holders of a majority in principal amount of the Notes then outstanding may direct the Trustee in its exercise of remedies. 

13. TRUSTEE DEALINGS WITH THE COMPANY 
 The Bank
of New York Mellon, the Trustee under the Indenture, in its individual or any other capacity, may make loans to, accept deposits from and perform services for the Company or an Affiliate of the Company and may otherwise deal with the Company or an
Affiliate of the Company as if it were not the Trustee. 
 14. NO RECOURSE AGAINST OTHERS 

A director, officer, incorporator, employee or shareowner, as such, of the Company or any Note Guarantor shall not have any liability for any
obligations of the Company or any Note Guarantor under the Notes or the Indenture nor for any claim based on, in respect of or by reason of such obligations or their creation. The Holder of this Note by accepting this Note waives and releases all
such liability. The waiver and release are part of the consideration for the issuance of this Note. 

  
 A-8 

 15. AUTHENTICATION 

This Note shall not be valid until the Trustee or an authenticating agent manually or electronically signs the certificate of authentication on
the other side of this Note. 
 16. ABBREVIATIONS AND DEFINITIONS 

Customary abbreviations may be used in the name of the Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the
entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian) and UGMA (= Uniform Gifts to Minors Act). 

17. INDENTURE TO CONTROL; GOVERNING LAW 
 In the
case of any conflict between the provisions of this Note and the Indenture, the provisions of the Indenture shall control. This Note shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to
principles of conflicts of law. 
 The Company will furnish to any Holder, upon written request and without charge, a copy of the Indenture.
Requests may be made to: Bausch Health Companies Inc., 400 Somerset Corporate Boulevard, Bridgewater, New Jersey 08807, Telephone: (905) 286-3000, Attention: Investor Relations. 

  
 A-9 

 ASSIGNMENT FORM 

To assign this Note, fill in the form below: 

I or we assign and transfer this Note to 
  

 
 (Insert assignee’s soc. sec. or
tax I.D. no.) 
  
  

 
  
  

 
 (Print or type assignee’s name,
address and zip code) 
 and irrevocably appoint 
  

 
 agent to transfer this Note on the books of the
Company. The agent may substitute another to act for him or her. 
  

							
		 		 		 	 Your Signature:

				
	 Date:
	 	  
	 	         
	 	  

		 		 		 	(Sign exactly as your name appears on the other side of this Note)

 *Signature guaranteed by: 
  

			
	By:	 	  

  

	*	 The signature must be guaranteed by an institution which is a member of one of the following recognized
signature guaranty programs: (i) the Securities Transfer Agent Medallion Program (STAMP); (ii) the New York Stock Exchange Medallion Program (MSP); (iii) the Stock Exchange Medallion Program (SEMP); or (iv) such other guaranty program
acceptable to the Trustee. 

  
 A-10 

 OPTION TO ELECT PURCHASE 

If you want to elect to have this Note purchased by the Company pursuant to Section 3.8 or Section 4.14 of the Indenture, check the appropriate box
below: 
  

							
		  	 ☐   Section 3.8
	  	 ☐   Section 4.14
	  	

 If you want to elect to have only part of the Note purchased by the Company pursuant to Section 3.8 or Section 4.14
of the Indenture, state the amount you elect to have purchased: 

$                       
                      
  

			
	Date:
                                         
       	  	
		  	Your Signature:
		
		  	  

		  	(Sign exactly as your name appears on the face of this Note)
		  	Tax Identification No.:
                                         
                   

 Signature Guarantee*:
                                         
            
  

	*	 Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to
the Trustee). 

  
 A-11 

 SCHEDULE OF EXCHANGES OF NOTES8 

The following exchanges, repurchases or conversions of a part of this Global Note have been made: 

 

							
	 PRINCIPAL AMOUNT
 OF THIS GLOBAL

NOTE FOLLOWING
 SUCH DECREASE DATE

OF EXCHANGE

(OR INCREASE)
	  	 AUTHORIZED

SIGNATORY OF
 NOTES

CUSTODIAN
	  	 AMOUNT OF DECREASE

IN PRINCIPAL AMOUNT
 OF THIS
GLOBAL
 NOTE
	  	 AMOUNT OF INCREASE

IN PRINCIPAL AMOUNT
 OF THIS
GLOBAL
 NOTE

 

	8 	 This schedule should be included only if the Note is a Global Note. 

  
 A-12 

 CERTIFICATE TO BE DELIVERED UPON EXCHANGE OR REGISTRATION 

OF TRANSFER OF RESTRICTED SECURITIES9 

 

	Re:	 11.00% Senior Secured Notes due 2028 (the “Notes”) of Bausch Health Companies Inc. (the
“Company”). 

 This certificate relates to $___________________ principal amount of Notes owned in (check
applicable box) 
 ☐ book-entry or ☐ definitive form by____________________ (the “Transferor”). 

The Transferor has requested a Registrar or the Trustee to exchange or register the transfer of such Notes. 

In connection with such request and in respect of each such Note, the Transferor does hereby certify that the Transferor is familiar with
transfer restrictions relating to the Notes as provided in Section 2.12 of the Indenture dated as of September 30, 2022 among Bausch Health Companies Inc., the Note Guarantors party thereto, The Bank of New York Mellon, as trustee and a
notes collateral agent and TMF Group New York, LLC, as a notes collateral agent (the “Indenture”), and the transfer of such Note is in accordance with any applicable securities laws of any state and is being made pursuant to an
effective registration statement under the Securities Act of 1933, as amended (the “Securities Act”) (check applicable box) or the transfer or exchange, as the case may be, of such Note does not require registration under the
Securities Act because (check applicable box): 
  

	 	☐	 Such Note is being transferred pursuant to an effective registration statement under the Securities Act.

  

	 	☐	 Such Note is being acquired for the Transferor’s own account, without transfer. 

 

	 	☐	 Such Note is being transferred to the Company or a Subsidiary (as defined in the Indenture) of the Company.

  

	 	☐	 Such Note is being transferred to a person the Transferor reasonably believes is a “qualified
institutional buyer” (as defined in Rule 144A or any successor provision thereto (“Rule 144A”) under the Securities Act) that is purchasing for its own account or for the account of a “qualified institutional buyer,”
in each case to whom notice has been given that the transfer is being made in reliance on such Rule 144A, and in each case in reliance on Rule 144A. 

  

	 	☐	 Such Note is being transferred pursuant to and in compliance with an exemption from the registration
requirements under the Securities Act in accordance with Rule 144 (or any successor thereto) (“Rule 144”) under the Securities Act. 

  

	 	☐	 Such Note is being transferred to a Non-U.S. Person in an offshore
transaction in compliance with Rule 904 of Regulation S under the Securities Act (or any successor thereto). 

  

	 	☐	 Such Note is being transferred to an institutional “accredited investor” (as defined in Rule
501(a)(1), (2), (3) or (7) of the Securities Act) that has provided a letter addressed to the Company, in the form of Exhibit C attached to the Indenture, containing certain representations and agreements.

  

							
	 Date:
	 	  
	 	         
	 	  

		 		 		 	(Insert Name of Transferor)

  

	9 	 This certificate should be included only if this Note is a Restricted Note. 

  
 A-13 

 EXHIBIT B 

FORM OF GUARANTEE 
 [Name of Note
Guarantor] and its successors under the Indenture, jointly and severally with any other Note Guarantors, hereby irrevocably and unconditionally (i) guarantee the due and punctual payment of the principal of, premium, if any, and interest on the
Notes, whether at maturity, by acceleration, redemption or otherwise, the due and punctual payment of interest on the overdue principal of and interest, if any, on the Notes, to the extent lawful, and the due and punctual performance of all other
obligations of Bausch Health Companies Inc. (the “Company”) to the Holders or the Trustee, all in accordance with the terms set forth in Article 10 of the Indenture and (ii) in case of any extension of time of payment or
renewal of any Notes or any of such other obligations, guarantee that the same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or otherwise.
Capitalized terms used herein have the meanings assigned to them in the Indenture unless otherwise indicated. 
 No stockholder, officer,
director or incorporator, as such, past, present or future, of [name of Note Guarantor] shall have any personal liability under this Note Guarantee by reason of his, her or its status as such stockholder, officer, director or incorporator. This Note
Guarantee shall be binding upon [name of Note Guarantor] and its successors and assigns and shall inure to the benefit of the successors and assigns of the Trustee and the Holders and, in the event of any transfer or assignment of rights by any
Holder or the Trustee, the rights and privileges herein conferred upon that party shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions hereof. 

This Note Guarantee shall not be valid or obligatory for any purpose until the certificate of authentication on the Note upon which this Note
Guarantee is noted shall have been executed by the Trustee under the Indenture by the manual or electronic signature of one of its authorized officers. 

THE TERMS OF ARTICLE 10 OF THE INDENTURE ARE INCORPORATED HEREIN BY REFERENCE. 

This Note Guarantee shall be governed by and construed in accordance with the laws of the State of New York. 

 

			
	[NAME OF NOTE GUARANTOR]
		
	By:	 	  

		 	Name:
		 	Title:

  
 B-1 

 EXHIBIT C 

FORM OF CERTIFICATE FROM ACQUIRING 

INSTITUTIONAL ACCREDITED INVESTOR 
 Bausch Health
Companies Inc. 
 400 Somerset Corporate Boulevard 

Bridgewater, NJ 08807 
 Attention: General Counsel 

Facsimile No.: (949) 461-6609 
  

							
		 	Re:	  	☐	  	11.00% SENIOR SECURED NOTES DUE 2028
		 		  		  	CUSIP: 144A: 071734 AQ0, Reg. S: C07885 AL7
		 		  		  	ISIN: 144A: US071734AQ04, Reg. S: USC07885AL76

 Dear Sirs: 

Reference is hereby made to the Indenture, dated as of September 30, 2022 (the “Indenture”), among Bausch Health
Companies Inc., as issuer (the “Company”), the Note Guarantors party thereto, The Bank of New York Mellon, N.A., as the Trustee and a Notes Collateral Agent and TMF Group New York, LLC, as a Notes Collateral Agent. Capitalized terms
used but not defined herein shall have the meanings given to them in the Indenture. 
 In connection with our proposed purchase of
$___________________ aggregate principal amount of 11.00% Senior Secured Notes due 2028 (the “Notes”), we confirm that: 

1. We understand that any subsequent transfer of the Notes or any interest therein is subject to certain restrictions and conditions set forth
in the Indenture and the undersigned agrees to be bound by, and not to resell, pledge or otherwise transfer the Notes or any interest therein except in compliance with, such restrictions and conditions and the United States Securities Act of 1933,
as amended (the “Securities Act”). 
 2. We understand that the offer and sale of the Notes have not been registered under
the Securities Act, and that the Notes and any interest therein may not be offered or sold except as permitted in the following sentence. We agree, on our own behalf and on behalf of any accounts for which we are acting as hereinafter stated, that
if we should sell the Notes or any interest therein, we will do so only (A) to the Company or any of its subsidiaries, (B) in accordance with Rule 144A under the Securities Act to a “qualified institutional buyer” (as defined
therein), (C) inside the United States to an institutional “accredited investor” (as defined below) purchasing for its own account or for the account of another institutional accredited investor that, prior to such transfer, furnishes (or
has furnished on its behalf by a U.S. broker-dealer) to you and to the Company a signed letter substantially in the form of this letter, (D) pursuant to the provisions of Rule 144 under the Securities Act (if available), (E) in accordance with
another exemption from the registration requirements of the Securities Act (and based upon an opinion of counsel acceptable to the Company) or (F) pursuant to an effective registration statement under the Securities Act, and we further agree to
provide to any person purchasing the Notes from us in a transaction meeting the requirements of clauses (A) through (F) of this paragraph a notice advising such purchaser that resales thereof are restricted as stated herein. 

3. We understand that, on any proposed resale of the Notes or beneficial interest therein, we will be required to furnish to you and the
Company such certifications, legal opinions and other information as you and the Company may reasonably require to confirm that the proposed sale complies with the foregoing restrictions. We further understand that the Notes purchased by us will
bear a legend to the foregoing effect. 
 4. We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3)
or (7) of Regulation D under the Securities Act) and have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of our investment in the Notes, and we and any accounts for which we
are acting are each able to bear the economic risk of our or its investment. 

  
 C-1 

 5. We are acquiring the Notes or beneficial interest therein purchased by us for our own
account or for one or more accounts (each of which is an institutional “Accredited Investor”) as to each of which we exercise sole investment discretion. 

You and the Company are entitled to rely upon this letter and are irrevocably authorized to produce this letter or a copy hereof to any
interested party in any administrative or legal proceedings or official inquiry with respect to the matters covered hereby. 
 Dated: 

 

			
	[Insert Name of Accredited Investor]
		
	By:	 	  

		 	Name:
		 	Title:

  
 C-2 

 EXHIBIT D 

FORM OF CANADIAN NOTE GUARANTEE 
  

							
		 	Re:	  	☐	  	11.00% SENIOR SECURED NOTES DUE 2028
		 		  		  	CUSIP: 144A: 071734 AQ0, Reg. S: C07885 AL7
		 		  		  	ISIN: 144A: US071734AQ04, Reg. S: USC07885AL76

 THIS CANADIAN NOTE GUARANTEE (as amended, restated, modified, renewed or extended from time to time, and
including, for the avoidance of any doubt, the preamble and recitals hereto, this “Canadian Note Guarantee”), is executed and delivered as of [______] by [_______] (“Guarantor”) in favour of The Bank of New York
Mellon, as the Trustee, Registrar and Paying Agent, for the benefit of each Holder (together with the Trustee, collectively, the “Beneficiaries”). 

RECITALS: 
  

	A.	 Reference is made to that Indenture dated as of September 30, 2022 among Bausch Health Companies Inc., a
corporation continued under the laws of the Province of British Columbia (the “Company”), the Trustee and the Notes Collateral Agents (as amended, supplemented, restated, extended, renewed, or replaced from time to time, the
“Indenture”). 

  

	B.	 Guarantor is an Affiliate of the Company, and, as such, will benefit by virtue of the financial accommodations
extended to the Company pursuant to the Indenture. 

 THEREFORE, Guarantor agrees as follows: 

Section 1. 

Definitions and Principles of Interpretation 
  

	1.1.	 Definitions. 

All capitalized terms used and not defined elsewhere in this Canadian Note Guarantee, and all capitalized terms used and not defined in the provisions
incorporated by reference into this Canadian Note Guarantee, shall have the meanings ascribed to them in the Indenture (such meanings to be determined as if such terms were to be interpreted in accordance with the laws of the Province of Ontario and
the federal laws of Canada applicable in the Province of Ontario) and shall be incorporated by reference into this Canadian Note Guarantee, and the following words and terms have the meanings set out below: 

“Guaranteed Obligations” has the meaning given to it in Section 2.1(a). 

“Indenture” has the meaning given to it in the recitals to this Canadian Note Guarantee. 

 

	1.2.	 Certain Rules of Interpretation. 

In this Canadian Note Guarantee: 
  

	(a)	 Governing Law – This Canadian Note Guarantee (including terms incorporated by reference to the
Indenture) is a contract made under and shall be governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable in the Province of Ontario. 

 

	(b)	 Headings – Headings of Articles and Sections are inserted for convenience of reference only and
shall not affect the construction or interpretation of this Canadian Note Guarantee. 

  
 Schedule A-1 

	(c)	 Including – Where the word “including” or “includes” is used in this Canadian
Note Guarantee, it means “including (or includes) without limitation.” 

  

	(d)	 No Strict Construction – The language used in this Canadian Note Guarantee is the language chosen
by the parties to express their mutual intent, and no rule of strict construction shall be applied against any party. 

  

	(e)	 Number and Gender – Unless the context otherwise requires, words importing the singular include the
plural and vice versa and words importing gender include all genders. 

  

	(f)	 Statutory references – A reference to a statute includes all regulations made pursuant to such
statute and, unless otherwise specified, the provisions of any statute or regulation which amends, revises, restates, supplements or supersedes any such statute or any such regulation. 

 

	(g)	 Time – Time is of the essence in the performance of Guarantor’s obligations under this
Canadian Note Guarantee. 

 Section 2. 

GUARANTEE 
  

	2.1.	 Guarantee of the Obligations. 

 

	(a)	 Guarantor hereby unconditionally Guarantees to each Holder of a Note authenticated and delivered by the Trustee
and to the Trustee and its successors and assigns, irrespective of the validity and enforceability of the Indenture, the Notes or the obligations of the Company thereunder that: (i) the due and punctual payment of principal, premium and
interest on the Notes shall be promptly paid in full when due, whether at maturity, by acceleration, redemption or otherwise, (ii) the due and punctual payment of interest on the overdue principal of and interest on the Notes, if any, if
lawful, and all other obligations of the Company to the Holders or the Trustee under the Indenture or any Note shall be promptly paid in full or performed, all in accordance with the terms thereof, and (iii) in case of any extension of time of
payment or renewal of any Notes or any of such other obligations, that same shall be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration pursuant to
Section 6.2 of the Indenture or otherwise (collectively, the “Guaranteed Obligations”). Guarantor agrees that this Canadian Note Guarantee is a guarantee of payment and not a guarantee of collection. Failing payment when due of
any Guaranteed Obligations for whatever reason, Guarantor shall be obligated to pay the same immediately. 

  

	(b)	 Guarantor hereby agrees that its obligations with regard to its Canadian Note Guarantee shall be unconditional,
irrespective of the validity or enforceability of the Notes or the obligations of the Company under the Indenture, the absence of any action to enforce the same, the recovery of any judgment against the Company or any other obligor with respect to
the Indenture, the Notes or the obligations of the Company under the Indenture or the Notes, any action to enforce the same or any other circumstances (other than complete performance) which might otherwise constitute a legal or equitable discharge
or defense of a guarantor. Guarantor further, to the extent permitted by applicable law, hereby waives and relinquishes all claims, rights and remedies accorded by applicable law to guarantors and shall agree not to assert or take advantage of any
such claims, rights or remedies, including but not limited to: (i) any right to require any Beneficiary, as a condition of payment or performance by Guarantor, to (A) proceed against the Company, any other guarantor (including any other
Note Guarantor) of the Guaranteed Obligations or any other person, (B) proceed against or exhaust any security held from the Company, any such other guarantor or any other person, (C) proceed against or have resort to any balance of any
deposit account or credit on the books of any Beneficiary in favour of the Company or any other person, or (D) pursue any other remedy in the power of any Beneficiary whatsoever; (ii) any defense arising by reason of the incapacity, lack
of authority or any disability or other defense of the Company including any defense based on or arising out of the lack of validity or the unenforceability of the Guaranteed Obligations or any agreement or instrument relating thereto or by reason
of the cessation of the liability of the Company from any cause 

  
 Schedule A-2 

	 	
other than payment in full of the Guaranteed Obligations; (iii) any defense based upon any statute or rule of law which provides that the obligation of a surety must be neither larger in
amount nor in other respects more burdensome than that of the principal; (iv) any defense based upon any Beneficiary’s errors or omissions in the administration of the Guaranteed Obligations, except behavior which amounts to bad faith;
(v) (A) any principles or provisions of law, statutory or otherwise, which are or might be in conflict with the terms of this Canadian Note Guarantee and any legal or equitable discharge of Guarantor’s obligations hereunder and under this
Canadian Note Guarantee, (B) the benefit of any statute of limitations affecting Guarantor’s liability hereunder or the enforcement hereof, (C) any rights to set-offs, recoupments and
counterclaims and (D) promptness, diligence and any requirement that any Beneficiary protect, secure, perfect or insure any security interest or lien or any property subject thereto; (vi) notices, demands, presentations, protests, notices
of protest, notices of dishonor and notices of any action or inaction, including acceptance of this Canadian Note Guarantee, notices of default under the Notes or any agreement or instrument related thereto, notices of any renewal, extension or
modification of the Guaranteed Obligations or any agreement related thereto, and notices of any extension of credit to the Company and any right to consent to any thereof; and (vii) any defenses or benefits that may be derived from or afforded
by law which limit the liability of or exonerate guarantors or sureties, or which may conflict with the terms of this Canadian Note Guarantee. 

  

	(c)	 If any Holder or the Trustee is required by any court or otherwise to return to the Company, any Note Guarantor
or any custodian, trustee, liquidator or other similar official acting in relation to either the Company or any Note Guarantor, any amount paid to either the Trustee or such Holder, this Canadian Note Guarantee, to the extent theretofore discharged,
shall be reinstated in full force and effect. 

  

	(d)	 Guarantor agrees that it shall not be entitled to any right of subrogation in relation to the Holders in
respect of any obligations guaranteed hereby until payment in full of all Guaranteed Obligations. Guarantor further agrees that, as between Guarantor, on the one hand, and the Holders and the Trustee, on the other hand, (i) the maturity of the
Guaranteed Obligations may be accelerated as provided in Section 6.2 of the Indenture for the purposes of this Canadian Note Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the
Guaranteed Obligations and (ii) in the event of any declaration of acceleration of such obligations as provided in Section 6.2 of the Indenture, such obligations (whether or not due and payable) shall forthwith become due and payable by
Guarantor for the purpose of this Canadian Note Guarantee. Guarantor shall not exercise any right to seek contribution from any non-paying Note Guarantor if the exercise of such right impairs the rights of the
Holders under the Note Guarantees. 

  

	2.2.	 Merger and Consolidation of Guarantors 

 

	(a)	 In case of any sale or other disposition, consolidation, merger, amalgamation or conveyance (to the extent
required under the Indenture) and upon the assumption by the successor person on terms and conditions satisfactory to the Trustee of the obligations of Guarantor under this Canadian Note Guarantee, and the due and punctual performance of all of the
covenants and conditions of the Indenture to be performed by Guarantor, such successor person shall succeed to and be substituted for Guarantor under this Canadian Note Guarantee with the same effect as if it had been named herein as Guarantor.

  

	(b)	 Except as set forth in Articles 4 and 5 of the Indenture, and notwithstanding clause (a) of this
Section 2.2, nothing contained in the Indenture or in any of the Notes shall prevent any consolidation, merger or amalgamation of a Note Guarantor with or into another Person, or shall prevent any sale or conveyance of the property of a Note
Guarantor as an entirety or substantially as an entirety. 

  

	2.3.	 Release 

  

	(a)	 In the event (i) of a sale or other disposition of all or substantially all of the assets of any
Guarantor, by way of merger, amalgamation, consolidation or otherwise, or a sale or other disposition of all the Equity Interests of any Guarantor, then held by the Company and its Restricted Subsidiaries to a person that is not (either before or
after giving effect to such transactions) a Subsidiary of the Company, in each case so long as such sale or other disposition is permitted by the Indenture, including without limitation Section 4.14

  
 Schedule A-3 

	 	
thereof, (ii) of a designation by the Company of any Restricted Subsidiary that is a Guarantor as an Unrestricted Subsidiary in accordance with the definition thereof or in the event that
such Guarantor ceases to be a Restricted Subsidiary, in each case, in accordance with the provisions of the Indenture, upon effectiveness of such designation or when it first ceases to be a Restricted Subsidiary, respectively, (iii) in the case
of any Canadian Note Guarantee issued on the Issue Date (or required but issued thereafter pursuant to Section 4.15(a) of the Indenture), upon the release or discharge of the Canadian Note Guarantee by such Guarantor in respect of the Credit
Agreement, and in any other case upon the release or discharge of any Canadian Note Guarantee in respect of any Indebtedness that resulted in the issuance after the Issue Date of the Canadian Note Guarantee by such Guarantor or (iv) the Company
discharges the Notes and its Obligations under the Indenture under Section 8.1 thereof or exercises its legal or covenant defeasance options under Section 8.2 or 8.3 thereof, respectively, with respect to the Notes or, in the case of a
sale or other disposition of all or substantially all of the assets of Guarantor, the Person acquiring such property, shall be released and relieved of any obligations under this Canadian Note Guarantee without any further action being required by
the Trustee or any Holder. 

  

	(b)	 Upon delivery by the Company to the Trustee of an Officer’s Certificate and an Opinion of Counsel to the
effect that such sale or other disposition was made by the Company in accordance with the provisions of the Indenture, including without limitation Sections 4.8 and 4.14 thereof, the Trustee shall execute any documents reasonably required in order
to evidence the release of Guarantor from its obligations under this Canadian Note Guarantee. 

 Section 3.

 Miscellaneous 
  

	3.1.	 Limitations Act, 2002 (Ontario) 

Any and all limitation periods provided for in the Limitations Act, 2002 (Ontario), as amended from time to time, or any other applicable law limiting
the time for which an action may be commenced shall be excluded from application to the obligations of Guarantor hereunder to the fullest extent permitted by such Act or applicable law. 

 

	3.2.	 Usury Savings Clause 

If any provision of this Canadian Note Guarantee, the Indenture or any Note would obligate any Canadian Note Guarantor to make any payment of or on account of
interest or other amount in an amount or calculated at a rate which would result in a receipt by any Holder of interest at a criminal rate (as such term is construed under the Criminal Code (Canada)), then notwithstanding such provisions,
such amount or rate shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case may be, as would not so result in a receipt by such Holder of interest at a criminal rate, such adjustment to be
effected, to the extent necessary, as follows: (1) firstly, by reducing the amount or rate of interest required to be paid to such Holder, and (2) thereafter, by reducing any fees, commissions, premiums and other amounts required to be
paid to such Holder which would constitute “interest” for purposes of Section 347 of the Criminal Code (Canada). 
  

	3.3.	 Interest Act (Canada) 

For purposes of disclosure pursuant to the Interest Act (Canada), the annual rates of interest or fees to which the rates of interest or fees provided
for in this Canadian Note Guarantee, the Indenture or the Notes (and stated herein or therein, as applicable, to be computed on the basis of a 360 day year or any other period of time less than a calendar year) are equivalent are the rates so
provided for multiplied by the actual number of days in the applicable calendar year and divided by 360 or the actual number of days in such other period of time, respectively. 

The Guarantor confirms that it understands and acknowledges that it is and will be able to calculate the rate of interest applicable under this Canadian Note
Guarantee, the Indenture or the Notes based on the methodology for calculating per annum rates provided for under this Canadian Note Guarantee, the Indenture or the Notes. The Guarantor confirms that it agrees not to plead or assert, whether by way
of defense or otherwise, in any proceeding relating to this Canadian Note Guarantee, the Indenture or the Notes, that the interest payable under this Canadian Note Guarantee, the Indenture or the Notes and the calculation thereof has not been
adequately disclosed to the Guarantor, whether pursuant to Section 4 of the Interest Act (Canada) or any other applicable law or legal principle. 

  
 Schedule A-4 

	3.4.	 Counterparts; Execution 

This Canadian Note Guarantee 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 Canadian Note Guarantee by facsimile or other similar method of
electronic transmission (including by way of email attachment) shall be equally as effective as delivery of an original executed counterpart of this Canadian Note Guarantee. 
  

	3.5.	 Severability 

If, in any jurisdiction, any provision of this Canadian Note Guarantee or its application to any party or circumstance is restricted, prohibited or
unenforceable, such provision shall, as to that jurisdiction, be ineffective only to the extent of such restriction, prohibition or unenforceability without invalidating the remaining provisions of this Canadian Note Guarantee and without affecting
the validity or enforceability of such provision in any other jurisdiction or without affecting its application to other parties or circumstances. 
  

	3.6.	 Notices 

All notices and other communications hereunder shall be in writing and shall be mailed, sent, or delivered in accordance with the terms of the Indenture. 

 

	3.7.	 Successors 

This Canadian Note Guarantee shall be binding upon Guarantor and its successors and shall inure to the benefit of the successors of the Beneficiaries. 

 

	3.8.	 Judgment Currency 

Guarantor shall indemnify each Holder and each Person, if any, who controls any Holder within the meaning of Section 15 of the Securities Act or
Section 20 of the Exchange Act against any loss incurred by such party as a result of any judgment or order being given or made against Guarantor for any U.S. dollar amount due under this Canadian Note Guarantee and such judgment or order being
expressed and paid in a currency (the “Judgment Currency”) other than U.S. dollars and as a result of any variation as between (i) the rate of exchange at which the U.S. dollar amount is converted into the Judgment Currency for
the purpose of such judgment or order and (ii) the spot rate of exchange in The City of New York at which such party on the date of payment of such judgment or order is able to purchase U.S. dollars with the amount of the Judgment Currency
actually received by such party if such party had utilized such amount of Judgment Currency to purchase U.S. dollars upon such party’s receipt thereof. Any amount due from Guarantor under this Section 3.8 shall be due as a separate debt
and shall not be affected by such judgment or order as aforesaid. The term “spot rate of exchange” shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, U.S. dollars. 

 

	3.9.	 Payment of Additional Amounts 

 

	(a)	 All payments made under or with respect to this Canadian Note Guarantee by Guarantor will be made free and
clear of any withholding or deduction for or on account of any tax, duty, levy, impost, assessment or other governmental charge of whatever nature (collectively, “Tax”) imposed or levied by or on behalf of Canada or any other
jurisdiction in which Guarantor is organized, resident or doing business for tax purposes or from or through which Guarantor makes any payment on the Canadian Note Guarantee or any department or political subdivision thereof (each, a
“Relevant Taxing Jurisdiction”), unless Guarantor (or an applicable withholding agent) is required to withhold or deduct Taxes by law. If Guarantor (or an 

  
 Schedule A-5 

	 	
applicable withholding agent) is required by law to withhold or deduct any amount for or on account of Taxes of a Relevant Taxing Jurisdiction from any payment made under or with respect to this
Canadian Note Guarantee, Guarantor, subject to the exceptions listed below, will pay additional amounts (“Additional Amounts”) as may be necessary to ensure that the net amount received by each Holder or Beneficial Owner of the
Notes after such withholding or deduction (including withholding or deduction attributable to Additional Amounts payable hereunder) will not be less than the amount the Holder or Beneficial Owner would have received if such Taxes had not been
required to be so withheld or deducted. 

  

	(b)	 Guarantor will not, however, pay Additional Amounts to a Holder or Beneficial Owner of Notes:

  

	 	(i)	 to the extent the Taxes giving rise to such Additional Amounts would not have been imposed but for the
existence of any present or former connection between the Holder or Beneficial Owner (or between a fiduciary, settler, beneficiary, member or shareholder of, or possessor of a power over, such Holder or Beneficial Owner, if such Holder or Beneficial
Owner is an estate, trust, partnership or corporation) and the Relevant Taxing Jurisdiction (other than any connection resulting solely from the acquisition, ownership, holding or disposition of Notes, the receipt of payments thereunder or under
this Canadian Note Guarantee and/or the exercise or enforcement of rights under any Notes or this Canadian Note Guarantee); 

  

	 	(ii)	 to the extent the Taxes giving rise to such Additional Amounts would not have been imposed but for the failure
of the Holder or Beneficial Owner of Notes, following Guarantor’s written request addressed to the Holder, to the extent such Holder or Beneficial Owner is legally eligible to do so, to comply with any certification, identification, information
or other reporting requirements, whether required by statute, treaty, regulation or administrative practice of a Relevant Taxing Jurisdiction, as a precondition to exemption from, or reduction in the rate of deduction or withholding of, Taxes
imposed by the Relevant Taxing Jurisdiction (including, without limitation, a certification that the Holder or Beneficial Owner is not resident in the Relevant Taxing Jurisdiction); 

 

	 	(iii)	 with respect to any estate, inheritance, gift, sales, transfer, capital gains, excise or personal property tax
or any similar Taxes; 

  

	 	(iv)	 to the extent the Taxes giving rise to such Additional Amounts would not have been imposed but for the
presentation by the Holder or Beneficial Owner of any Note, where presentation is required, for payment on a date more than 30 days after the date on which payment became due and payable or the date on which payment thereof is duly provided for,
whichever occurs later; 

  

	 	(v)	 to the extent the Taxes giving rise to such Additional Amounts would not have been imposed but for the Holder
or Beneficial Owner not dealing at arm’s length, within the meaning of the Income Tax Act (Canada), with the Company or Guarantor; 

  

	 	(vi)	 to the extent the Taxes giving rise to such Additional Amounts would not have been imposed but for such Holder
or Beneficial Owner being, or not dealing at arm’s length (within the meaning of the Income Tax Act (Canada)) with, a “specified shareholder” of the Company as defined in subsection 18(5) of the Income Tax Act
(Canada) for purposes of the thin capitalization rules in the Income Tax Act (Canada); 

  

	 	(vii)	 to the extent the Taxes giving rise to such Additional Amounts are United States federal withholding tax
imposed pursuant to Sections 1471 through 1474 of the Internal Revenue Code of 1986, as amended (the “Code”) as in effect on the date hereof (or any amended or successor version that is substantively comparable and not materially more
onerous to comply with), any current or future regulations, official interpretations or administrative authority promulgated thereunder and any agreements entered into pursuant to Section 1471(b)(1) of the Code as in effect on the date hereof
(or any amended or successor version that is substantively comparable and not materially more onerous to comply with), and, for the avoidance of doubt, any intergovernmental agreement (and related legislation, rules or practices) implementing the
foregoing (taken together, “FATCA”), except to the extent that such Taxes result from a failure of any Paying Agent to comply with FATCA; and 

  
 Schedule A-6 

	 	(viii)	 any combination of items (i), (ii), (iii), (iv), (v), (vi) and (vii). 

Additional Amounts also shall not be paid with respect to any payment on a Note to a Beneficial Owner who is a fiduciary, a partnership (or
entity treated as a partnership for tax purposes), or anyone other than the sole Beneficial Owner of that payment to the extent that payment would be required by the laws of the Relevant Taxing Jurisdiction to be included in the income, for tax
purposes, of a beneficiary or settlor with respect to the fiduciary, a member of that partnership, or a Beneficial Owner who would not have been entitled to the Additional Amounts had that beneficiary, settlor, member or interest holder been the
Beneficial Owner. 
  

	(c)	 Guarantor or applicable withholding agent will (i) make any such withholding or deduction required by
applicable law and (ii) timely remit the full amount deducted or withheld to the Relevant Taxing Jurisdiction in accordance with applicable law. Guarantor will make reasonable efforts to obtain certified copies of tax receipts evidencing the
payment of any Taxes so deducted or withheld from each Relevant Taxing Jurisdiction imposing such Taxes. Guarantor will provide to the Trustee, within a reasonable time after the date the payment of any Taxes so deducted or withheld are due pursuant
to applicable law, either a certified copy of tax receipts evidencing such payment, or, if such tax receipts are not reasonably available to Guarantor, such other documentation that provides reasonable evidence of such payment by Guarantor.

  

	(d)	 Where Tax is payable pursuant to Regulation 803 of the Income Tax Act (Canada) by a Holder or Beneficial
Owner of the Notes in respect of any amount payable under the Canadian Note Guarantee to the Holder (other than by reason of a transfer of the Notes to a person resident in Canada with whom the transferor does not deal at arm’s length for the
purposes of such Act), but no Additional Amount is paid in respect of such Tax, Guarantor will pay as or on account of interest to the Holder an amount equal to such Tax (a “Regulation 803 Reimbursement”) plus an amount equal to any
Tax required to be paid by the Holder or a Beneficial Owner as a result of such Regulation 803 Reimbursement within 45 days after receiving from the Holder a notice containing reasonable particulars of the Tax so payable, provided such Holder
or Beneficial Owner would have been entitled to receive Additional Amounts on account of such Tax (and only to the extent of such Additional Amounts that such Holder or Beneficial Owner would have been entitled to receive) but for the fact that it
is payable otherwise than by deduction or withholding from payments made under or with respect to the Canadian Note Guarantee. 

  

	(e)	 Prior to the date on which the payment of any Additional Amounts are due, the Guarantor will deliver to the
Trustee such Additional Amounts payable, together with an Officer’s Certificate setting forth the Additional Amounts, stating that such Additional Amounts will be payable on the applicable payment date and setting forth such other information
necessary to enable the Trustee to pay such Additional Amounts to Holders on the applicable payment date. Any such Officer’s Certificate will be delivered to the Trustee at least two Business Days in advance of when the payments in question are
required to be made (unless a shorter period of time is acceptable to the Trustee in its reasonable discretion). Guarantor will promptly publish a notice in accordance with Section 11.2 of the Indenture stating that such Additional Amounts will
be payable and describing the obligation to pay such amounts. 

  

	(f)	 Guarantor will reimburse the Holders or Beneficial Owners of Notes, upon written request of such Holder or
Beneficial Owner of Notes and certified proof of payment for the amount of (i) any Taxes levied or imposed by a Relevant Taxing Jurisdiction and payable by such Holder or Beneficial Owner in connection with payments made under or with respect
to this Canadian Note Guarantee; and (ii) any Taxes levied or imposed with respect to any reimbursement under the foregoing clause (i) or this clause (ii), so that the net amount received by such Holder or Beneficial Owner after such
reimbursement will not be less than the net amount such Holder or Beneficial Owner would have received if the Taxes giving rise to the reimbursement described in clauses (i) and/or (ii) had not been imposed, provided,
however, that the indemnification obligation provided for in this Section 3.9(f) shall not extend to Taxes imposed for which the Holder or Beneficial Owner of the Notes would not have been eligible to receive payment of Additional
Amounts hereunder by virtue of clauses (i) through (viii) of Section 3.9(b) hereof, or to the extent such Holder or Beneficial Owner received Additional Amounts with respect to such payments. 

  
 Schedule A-7 

	(g)	 In addition, Guarantor will pay any stamp, issue, registration, court, documentary, excise or other similar
taxes, charges and duties, including interest and penalties with respect thereto, imposed by any Relevant Taxing Jurisdiction at any time in respect of the execution, issuance, registration or delivery of this Canadian Note Guarantee or any other
document or instrument referred to thereunder and any such taxes, charges or duties imposed by any Relevant Taxing Jurisdiction at any time as a result of, or in connection with, (i) any payments made pursuant to any Guarantee or any other such
document or instrument referred to thereunder and/or (ii) the enforcement of this Canadian Note Guarantee or any other such document or instrument referred to thereunder. 

 

	(h)	 Obligations described under this Section 3.9 will survive any termination, defeasance or discharge of the
Indenture and will apply mutatis mutandis to any successor Person to Guarantor and to any jurisdiction in which such successor is organized, doing business or is otherwise resident for Tax purposes or any jurisdiction from or through which
payment is made by such successor or its respective agents. 

  

	(i)	 Whenever this Canadian Note Guarantee refers to, in any context, the payment of principal, premium, if any,
interest or any other amount payable under or with respect to any Note or under this Canadian Note Guarantee, such reference includes the payment of Additional Amounts or other payments that would be payable pursuant to this Section 3.9, if
applicable. 

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 Schedule A-8 

 IN WITNESS WHEREOF, Guarantor has executed and delivered this Guarantee as of the
first date written above. 
  

			
	[________________], as Canadian Note Guarantor
		
	By:	 	  

		 	Name:
		 	Title:

  
 Schedule A-9

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