Document:

EX-10.1

 Exhibit 10.1 
  

 
 CREDIT AGREEMENT 

dated as of 
 June 30, 2017

 among 
 AAC HOLDINGS, INC.,

 as Borrower, 
 THE LENDERS
PARTY HERETO 
 and 
 CREDIT
SUISSE AG, 
 as Administrative Agent and Collateral Agent 
  

 
 CREDIT SUISSE
SECURITIES (USA) LLC, 
 BMO CAPITAL MARKETS CORP. 

and 
 WHITNEY BANK (D/B/A HANCOCK
BANK), 
 as Joint Bookrunners and Joint Lead Arrangers 
  

 

 TABLE OF CONTENTS 
  

									
	ARTICLE I Definitions	  	 	1	 
				
		 	SECTION 1.01	    	Defined Terms	  	 	1	 
		 	SECTION 1.02	    	Terms Generally	  	 	34	 
		 	SECTION 1.03	    	Pro Forma Calculations	  	 	35	 
		 	SECTION 1.04	    	Classification of Loans and Borrowings	  	 	35	 
		 	SECTION 1.05	    	Designation as Senior Debt	  	 	35	 
		
	ARTICLE II The Credits	  	 	35	 
				
		 	SECTION 2.01	    	Commitments	  	 	35	 
		 	SECTION 2.02	    	Loans	  	 	36	 
		 	SECTION 2.03	    	Borrowing Procedure	  	 	38	 
		 	SECTION 2.04	    	Evidence of Debt; Repayment of Loans	  	 	38	 
		 	SECTION 2.05	    	Fees	  	 	39	 
		 	SECTION 2.06	    	Interest on Loans	  	 	40	 
		 	SECTION 2.07	    	Default Interest	  	 	40	 
		 	SECTION 2.08	    	Alternate Rate of Interest	  	 	41	 
		 	SECTION 2.09	    	Termination and Reduction of Commitments	  	 	41	 
		 	SECTION 2.10	    	Conversion and Continuation of Borrowings	  	 	42	 
		 	SECTION 2.11	    	Repayment of Term Borrowings	  	 	43	 
		 	SECTION 2.12	    	Voluntary Prepayments	  	 	45	 
		 	SECTION 2.13	    	Mandatory Prepayments	  	 	47	 
		 	SECTION 2.14	    	Reserve Requirements; Change in Circumstances	  	 	49	 
		 	SECTION 2.15	    	Change in Legality	  	 	50	 
		 	SECTION 2.16	    	Breakage	  	 	51	 
		 	SECTION 2.17	    	Pro Rata Treatment	  	 	51	 
		 	SECTION 2.18	    	Sharing of Setoffs	  	 	51	 
		 	SECTION 2.19	    	Payments	  	 	52	 
		 	SECTION 2.20	    	Taxes	  	 	53	 
		 	SECTION 2.21	    	Assignment of Commitments under Certain Circumstances; Duty to Mitigate	  	 	55	 
		 	SECTION 2.22	    	Letters of Credit	  	 	57	 
		 	SECTION 2.23	    	Incremental Loans	  	 	62	 
		 	SECTION 2.24	    	Defaulting Lenders	  	 	65	 
		 	SECTION 2.25	    	Amend and Extend Transactions	  	 	67	 
		
	ARTICLE III Representations and Warranties	  	 	69	 
				
		 	SECTION 3.01	    	Organization; Powers	  	 	69	 
		 	SECTION 3.02	    	Authorization; No Default	  	 	69	 
		 	SECTION 3.03	    	Enforceability	  	 	69	 
		 	SECTION 3.04	    	Approvals and Consents	  	 	70	 
		 	SECTION 3.05	    	Financial Statements	  	 	70	 

  
 i 

									
		 	SECTION 3.06	    	No Material Adverse Effect	  	 	71	 
		 	SECTION 3.07	    	Title to Properties; Possession Under Leases	  	 	71	 
		 	SECTION 3.08	    	Subsidiaries	  	 	71	 
		 	SECTION 3.09	    	Litigation; Compliance with Laws	  	 	72	 
		 	SECTION 3.10	    	Agreements	  	 	72	 
		 	SECTION 3.11	    	Federal Reserve Regulations	  	 	72	 
		 	SECTION 3.12	    	Investment Company Act	  	 	73	 
		 	SECTION 3.13	    	Use of Proceeds	  	 	73	 
		 	SECTION 3.14	    	Tax Returns	  	 	73	 
		 	SECTION 3.15	    	No Material Misstatements	  	 	73	 
		 	SECTION 3.16	    	Employee Benefit Plans	  	 	74	 
		 	SECTION 3.17	    	Environmental Matters	  	 	74	 
		 	SECTION 3.18	    	Insurance	  	 	74	 
		 	SECTION 3.19	    	Security Documents	  	 	75	 
		 	SECTION 3.20	    	Location of Real Property and Leased Premises	  	 	76	 
		 	SECTION 3.21	    	Labor Matters	  	 	76	 
		 	SECTION 3.22	    	Solvency	  	 	76	 
		 	SECTION 3.23	    	Senior Indebtedness	  	 	76	 
		 	SECTION 3.24	    	Sanctioned Persons	  	 	76	 
		 	SECTION 3.25	    	USA PATRIOT Act	  	 	77	 
		 	SECTION 3.26	    	Foreign Corrupt Practices Act	  	 	77	 
		 	SECTION 3.27	    	Intellectual Property	  	 	77	 
		 	SECTION 3.28	    	Healthcare Matters	  	 	78	 
		
	ARTICLE IV Conditions of Lending	  	 	80	 
				
		 	SECTION 4.01	    	All Credit Events	  	 	80	 
		 	SECTION 4.02	    	First Credit Event	  	 	81	 
		
	ARTICLE V Affirmative Covenants	  	 	83	 
				
		 	SECTION 5.01	    	Existence; Compliance with Laws; Businesses and Properties	  	 	83	 
		 	SECTION 5.02	    	Insurance	  	 	84	 
		 	SECTION 5.03	    	Obligations and Taxes	  	 	85	 
		 	SECTION 5.04	    	Financial Statements, Reports, etc.	  	 	85	 
		 	SECTION 5.05	    	Litigation and Other Notices	  	 	87	 
		 	SECTION 5.06	    	Information Regarding Collateral	  	 	88	 
		 	SECTION 5.07	    	Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings	  	 	88	 
		 	SECTION 5.08	    	Use of Proceeds	  	 	89	 
		 	SECTION 5.09	    	Employee Benefits	  	 	89	 
		 	SECTION 5.10	    	Compliance with Environmental Laws	  	 	89	 
		 	SECTION 5.11	    	Preparation of Environmental Reports	  	 	90	 
		 	SECTION 5.12	    	Further Assurances	  	 	90	 
		 	SECTION 5.13	    	Intellectual Property	  	 	91	 
		 	SECTION 5.14	    	Compliance with Real Estate Obligations	  	 	92	 

  
 ii 

									
		 	SECTION 5.15	    	Lender Calls	  	 	92	 
		 	SECTION 5.16	    	Healthcare Laws	  	 	92	 
		 	SECTION 5.17	    	Post-Closing Obligations	  	 	94	 
		
	ARTICLE VI Negative Covenants	  	 	94	 
				
		 	SECTION 6.01	    	Indebtedness	  	 	94	 
		 	SECTION 6.02	    	Liens	  	 	96	 
		 	SECTION 6.03	    	Sale and Leaseback Transactions	  	 	98	 
		 	SECTION 6.04	    	Investments, Loans and Advances	  	 	99	 
		 	SECTION 6.05	    	Mergers, Consolidations, Sales of Assets and Acquisitions	  	 	100	 
		 	SECTION 6.06	    	Restricted Payments; Restrictive Agreements	  	 	101	 
		 	SECTION 6.07	    	Transactions with Affiliates	  	 	102	 
		 	SECTION 6.08	    	Business of Borrower and Subsidiaries	  	 	102	 
		 	SECTION 6.09	    	Other Indebtedness and Agreements	  	 	102	 
		 	SECTION 6.10	    	Maximum Senior Secured Leverage Ratio	  	 	103	 
		 	SECTION 6.11	    	Fiscal Year	  	 	103	 
		 	SECTION 6.12	    	Sanctions	  	 	103	 
		 	SECTION 6.13	    	Anti-Corruption, Anti-Bribery, Anti-Terrorism and Anti-Money Laundering Laws	  	 	103	 
		 	SECTION 6.14	    	Use of Proceeds	  	 	104	 
		 	SECTION 6.15	    	Healthcare Authorizations	  	 	104	 
		
	ARTICLE VII Events of Default	  	 	104	 
				
		 	SECTION 7.01	    	Events of Default	  	 	104	 
		 	SECTION 7.02	    	Right to Cure	  	 	107	 
		
	ARTICLE VIII The Administrative Agent and the Collateral Agent; Etc.	  	 	108	 
		
	ARTICLE IX Miscellaneous	  	 	111	 
				
		 	SECTION 9.01	    	Notices; Electronic Communications	  	 	111	 
		 	SECTION 9.02	    	Survival of Agreement	  	 	113	 
		 	SECTION 9.03	    	Binding Effect	  	 	114	 
		 	SECTION 9.04	    	Successors and Assigns	  	 	114	 
		 	SECTION 9.05	    	Expenses; Indemnity	  	 	119	 
		 	SECTION 9.06	    	Right of Setoff	  	 	121	 
		 	SECTION 9.07	    	Applicable Law	  	 	121	 
		 	SECTION 9.08	    	Waivers; Amendment	  	 	122	 
		 	SECTION 9.09	    	Interest Rate Limitation	  	 	123	 
		 	SECTION 9.10	    	Entire Agreement	  	 	123	 
		 	SECTION 9.11	    	WAIVER OF JURY TRIAL	  	 	123	 
		 	SECTION 9.12	    	Severability	  	 	124	 
		 	SECTION 9.13	    	Counterparts	  	 	124	 
		 	SECTION 9.14	    	Headings	  	 	124	 
		 	SECTION 9.15	    	Jurisdiction; Consent to Service of Process	  	 	124	 

  
 iii 

									
		 	SECTION 9.16	    	Confidentiality	  	 	125	 
		 	SECTION 9.17	    	Lender Action	  	 	125	 
		 	SECTION 9.18	    	USA PATRIOT Act Notice	  	 	126	 
		 	SECTION 9.19	    	Withholding Taxes	  	 	126	 
		 	SECTION 9.20	    	No Fiduciary Duty	  	 	126	 
		 	SECTION 9.21	    	Acknowledgment and Consent to Bail-In of EEA Financial Institutions	  	 	127	 
		 	SECTION 9.22	    	Cashless Settlement	  	 	127	 

  
 iv 

 SCHEDULES 
  

					
	Schedule 1.01(a)	  	-  	  	Subsidiary Guarantors
	 Schedule 1.01(b)
	  	-  	  	Mortgaged Property
	 Schedule 2.01
	  	-  	  	Lenders and Commitments
	 Schedule 3.08
	  	-  	  	Subsidiaries
	 Schedule 3.18
	  	-  	  	Insurance
	 Schedule 3.20(a)
	  	-  	  	Owned Real Property
	 Schedule 3.20(b)
	  	-  	  	Leased Real Property
	 Schedule 3.27
	  	-  	  	Intellectual Property
	 Schedule 5.17
	  	-  	  	Post-Closing Deliverables
	 Schedule 6.01
	  	-  	  	Existing Indebtedness
	 Schedule 6.02
	  	-  	  	Existing Liens
	 Schedule 6.03
	  	-  	  	Sale and Leaseback Transactions
	 Schedule 6.07
	  	-  	  	Affiliate Transactions

 EXHIBITS 
  

					
	Exhibit A	  	-	  	Form of Administrative Questionnaire
	Exhibit B	  	-  	  	Form of Assignment and Acceptance
	Exhibit C	  	-  	  	Form of Borrowing Request
	Exhibit D	  	-  	  	Form of Guarantee and Collateral Agreement
	Exhibit E	  	-  	  	Form of Mortgage
	Exhibit F	  	-  	  	Form of Affiliate Subordination Agreement
	Exhibit G	  	-  	  	Form of Compliance Certificate
	Exhibit H	  	-  	  	Form of Landlord Personal Property Collateral Access Agreement

  
 v 

 CREDIT AGREEMENT dated as of June 30, 2017 (as may be amended, restated,
supplemented or otherwise modified from time to time, this “Agreement”) among AAC HOLDINGS, INC., a Nevada corporation (the “Borrower”), the Lenders (such term and each other capitalized term used but
not defined in this preamble having the meaning given to it in Article I) party hereto and CREDIT SUISSE AG (“Credit Suisse”), as administrative agent for the Lenders (in such capacity, including any successor thereto,
the “Administrative Agent”) and as collateral agent for the Secured Parties (in such capacity, including any successor thereto, the “Collateral Agent”). 

The Borrower has requested the applicable Lenders to extend credit in the form of (a) Term Loans on the Closing Date, in an aggregate
principal amount not in excess of $210,000,000 and (b) Revolving Loans on and at any time and from time to time after the Closing Date until the earlier of the Revolving Credit Maturity Date and the termination of the Revolving Credit
Commitment of such applicable Lenders in accordance with the terms hereof, in an aggregate principal amount at any time outstanding not in excess of $40,000,000. The Borrower has requested the Issuing Bank to issue Letters of Credit, in an aggregate
face amount at any time outstanding not in excess of $7,000,000, solely to support payment obligations incurred in the ordinary course of business by the Borrower and its Subsidiaries. The proceeds of the Term Loans are to be used solely (i) to
refinance all amounts due or outstanding under, and to terminate, the Existing Indebtedness, (ii) to pay the Transaction Costs and (iii) for other general corporate purposes. The proceeds of the Revolving Loans will be used (x) on the
Closing Date, solely (i) to pay the Deerfield Consent Fee, (ii) to pay the Transaction Costs and (iii) for other general corporate purposes and (y) after the Closing Date, solely for general corporate purposes of the Borrower and
its Subsidiaries as set forth herein. 
 The Lenders are willing to extend such credit to the Borrower, and the Issuing Bank is willing to
issue Letters of Credit for the account of the Borrower, in each case on the terms and subject to the conditions set forth herein. Accordingly, the parties hereto hereby agree as follows: 

ARTICLE I 

Definitions 

SECTION 1.01 Defined Terms. As used in this Agreement, the following terms shall have the meanings specified below: 

“ABR”, when used in reference to any Loan or Borrowing, shall refer to whether such Loan, or the Loans
comprising such Borrowing, are bearing interest at a rate determined by reference to the Alternate Base Rate. 

“Acquired Entity” shall have the meaning assigned to such term in Section 6.04(f). 

“Adjusted LIBO Rate” shall mean, with respect to any Eurodollar Borrowing for any Interest Period, an
interest rate per annum equal to the greater of (a)(i) in the case of Term Loans, 1.00%, and (ii) in the case of Revolving Loans, 0.00%, and (b) the product of (i) the LIBO Rate in effect for such Interest Period and
(ii) Statutory Reserves. 

  
 1 

 “Administrative Agent” shall have the meaning assigned to
such term in the preamble. 
 “Administrative Agent Fees” shall have the meaning
assigned to such term in Section 2.05(b). 
 “Administrative Questionnaire” shall
mean an Administrative Questionnaire in the form of Exhibit A, or such other form as may be supplied from time to time by the Administrative Agent. 

“Affiliate” shall mean, when used 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; provided that, for purposes of the definition of “Eligible Assignee” and
Section 6.07, the term “Affiliate” shall also include (i) any Person that directly or indirectly owns 10% or more of any class of Equity Interests of the Person specified and (ii) any Controlled Physician Affiliate.

 “Affiliate Subordination Agreement” shall mean an Affiliate Subordination Agreement in the
form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations. 

“Agents” shall have the meaning assigned to such term in Article VIII. 

“Aggregate Revolving Credit Exposure” shall mean the aggregate amount of the Lenders’ Revolving
Credit Exposures. 
 “Agreement” shall have the meaning assigned to such term in the
preamble. 
 “Agreement Value” shall mean, for each Hedging Agreement, on any date of
determination, the maximum aggregate amount (giving effect to any netting agreements) that the Borrower or any Subsidiary would be required to pay if such Hedging Agreement were terminated on such date. 

“All-In Yield” shall mean, with respect to any Indebtedness, the amount (as reasonably determined by the
Administrative Agent) equal to the sum of (a) the margin above the Adjusted LIBO Rate applicable to such Indebtedness (which shall be increased by the amount by which any “LIBOR floor” applicable to such Indebtedness on the date of
the calculation exceeds the Adjusted LIBO Rate on such date), plus (b) the quotient obtained by dividing (i) the amount of any upfront fees on such Indebtedness by (ii) the lesser of (x) the Weighted Average Life to
Maturity and (y) four; provided that “All-In Yield” shall not include structuring fees, underwriting fees, commitment fees, arranger fees and any fees not paid to all providers of such Indebtedness pro rata. 

“Alternate Base Rate” shall mean, for any day, a rate per annum equal to the greatest of (a) the
Prime Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1.00%, and (c) the Adjusted LIBO Rate applicable for an Interest Period of one month commencing on such day (or if such day is not a
Business Day, the immediately preceding Business Day) plus 1.00%; provided that, solely for purposes of determining the  

  
 2 

 
Adjusted LIBO Rate for purposes of the foregoing, the Adjusted LIBO Rate for any day shall be based on the rate set forth on such day at approximately 11:00 a.m. (London time) by
reference to the ICE Benchmark Administration Interest Settlement Rates for deposits in Dollars (as set forth by any service selected by the Administrative Agent that has been nominated by the ICE Benchmark Administration Limited (or any Person who
takes over the administration of such rate) as an authorized vendor for the purpose of displaying such rates) (“ICE LIBOR”) as published by Reuters (or such other commercially available source providing quotations of ICE
LIBOR as may be designated by the Administrative Agent from time to time). If the Administrative Agent shall have determined (which determination shall be conclusive absent manifest error) that it is unable to ascertain the Federal Funds Effective
Rate or the Adjusted LIBO Rate, as the case may be, for any reason, including the inability or failure of the Administrative Agent to obtain sufficient quotations in accordance with the terms of the respective definitions thereof, the Alternate Base
Rate shall be determined without regard to clause (b) or (c), as applicable, of the preceding sentence until the circumstances giving rise to such inability no longer exist. Any change in the Alternate Base Rate due to a change in the Prime
Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate shall be effective as of the opening of business on the effective day of such change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate, as the case may
be. 
 “Applicable Margin” shall mean, for any day, (a) (x) with respect to
any Eurodollar Revolving Loan, 6.00% per annum and (y) with respect to any ABR Revolving Loan, 5.00% per annum, and (b) (x) with respect to any Eurodollar Term Loan, 6.75% per annum and (y) with respect to any ABR
Term Loan, 5.75% per annum. 
 “Arrangers” shall mean Credit Suisse Securities
(USA) LLC, BMO Capital Markets Corp. and Whitney Bank (d/b/a Hancock Bank), in their capacities as joint bookrunners and joint lead arrangers for the Credit Facilities. Except as expressly set forth in Article VIII and Section 9.05(b), the
capacity of the Arrangers is titular in nature and the Arrangers shall have no special rights or obligations over those of a Lender by reason thereof. 

“Asset Sale” shall mean the sale, transfer or other disposition (by way of merger, casualty,
condemnation or otherwise) by the Borrower or any of the Subsidiaries to any Person other than the Borrower or any Subsidiary Guarantor of (a) any Equity Interests of any of the Subsidiaries (other than directors’ qualifying shares) or
(b) any other assets of the Borrower or any of the Subsidiaries (other than (i) inventory, damaged, obsolete or worn out assets, scrap and Permitted Investments, in each case disposed of in the ordinary course of business, (ii) any
lease or sub-lease of any real property or personal property, in each case in the ordinary course of business, (iii) any license or sublicense of intellectual property of the Borrower or any Subsidiary, in each case in the ordinary course of
business, (iv) any sale, transfer or other disposition constituting the abandonment of intellectual property rights that, in the reasonable good faith determination of the Borrower, are not material to the conduct of the business of the
Borrower and the Subsidiaries, in each case in the ordinary course of business, (v) any sale, transfer or other disposition consisting of the granting of Liens permitted by Section 6.02 and (vi) any sale, transfer or other disposition
or series of related sales, transfers or other dispositions having a value not in excess of $3,000,000 per fiscal year). 

  
 3 

 “Assignment and Acceptance” shall mean an assignment and
acceptance entered into by a Lender and an Eligible Assignee, and accepted by the Administrative Agent, in the form of Exhibit B or such other form as shall be approved by the Administrative Agent. 

“Attributable Indebtedness” shall mean, when used with respect to any Sale and Leaseback Transaction
permitted by Section 6.03, as at the time of determination, the present value (discounted at a rate equivalent to Borrower’s then-current weighted average cost of funds for borrowed money as at the time of determination, compounded on a
semi-annual basis) of the total obligations of the lessee for rental payments during the remaining term of the lease included in any such Sale and Leaseback Transaction. 

“Auction Procedures” shall mean the auction procedures with respect to Dutch Auctions reasonably
satisfactory to the Borrower and the Administrative Agent. 
 “Available Amount” shall
mean, at any time (the “Reference Date”), an amount equal to (a) the sum, without duplication, of (1) an amount (which amount shall not be less than zero) equal to (x) the cumulative amount of Excess Cash Flow
for all fiscal years of the Borrower completed after the Closing Date (commencing with the fiscal year ending on December 31, 2017) and prior to the Reference Date minus (y) the portion of such Excess Cash Flow that has been (or
will be) after the Closing Date and on or prior to the Reference Date applied to the prepayment or repayment of Loans in accordance with Section 2.13, plus (2) the amount of any capital contributions (whether in cash or Permitted
Investments) received by the Borrower or proceeds of equity issuances by the Borrower or any direct or indirect parent of the Borrower and directly or indirectly contributed in cash or Permitted Investments as common equity to the Borrower, in each
case to the extent permitted hereunder (other than in connection with Cure Amounts) after the Closing Date and on or prior to the Reference Date plus (3) an amount equal to any repayments, interest, returns, profits, distributions,
income and similar amounts actually theretofore received in cash or Permitted Investments in respect of any investment made pursuant to Section 6.04(i)(ii) after the Closing Date and on or prior to the Reference Date, plus (4) an
amount equal to any Declined Proceeds retained by the Borrower after the Closing Date and on or prior to the Reference Date (and not, for the avoidance of doubt, applied for any other purpose, including as permitted by Section 2.12(b)),
minus (b) the sum, without duplication, of (i) the aggregate amount of investments, loans and advances made pursuant to Section 6.04(i)(ii) after the Closing Date and on or prior to the Reference Date, (ii) the aggregate
amount of Restricted Payments made pursuant to Section 6.06(a)(ii) after the Closing Date and on or prior to the Reference Date and (iii) the aggregate amount of distributions, payments, commitments, redemptions, repurchases, retirements,
acquisitions or set aside made pursuant to Section 6.09(b)(iv) after the Closing Date and on or prior to the Reference Date. 

“Available Liquidity” shall mean, at any time, the sum of (a) (i) the aggregate amount of all
Revolving Credit Commitments outstanding at such time, minus (ii) the aggregate amount of L/C Disbursements at such time, minus (iii) the aggregate amount of all Revolving Loans outstanding at such time, plus
(b) the aggregate amount of unrestricted cash and Permitted Investments of the Borrower and its Subsidiaries at such time. 

  
 4 

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

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

“Board” shall mean the Board of Governors of the Federal Reserve System of the United States of
America. 
 “Borrower” shall have the meaning assigned to such term in the
preamble. 
 “Borrower Materials” shall have the meaning assigned to such term in
Section 9.01. 
 “Borrowing” shall mean Loans of the same Class and Type made,
converted or continued on the same date and, in the case of Eurodollar Loans, as to which a single Interest Period is in effect. 

“Borrowing Request” shall mean a request by the Borrower in accordance with the terms of
Section 2.03 and substantially in the form of Exhibit C, or such other form as shall be approved by the Administrative Agent. 

“Breakage Event” shall have the meaning assigned to such term in Section 2.16. 

“Business Day” shall mean any day other than a Saturday, Sunday or day on which banks in New York City
are authorized or required by law to close; provided, however, that when used in connection with a Eurodollar Loan or an ABR Loan based on the Adjusted LIBO Rate, the term
“Business Day” shall also exclude any day on which banks are not open for dealings in Dollar deposits in the London interbank market. 

“Capital Expenditures” shall mean, for any period, the additions to property, plant and equipment and
other capital expenditures of the Borrower and its consolidated Subsidiaries that are (or should be) set forth in a consolidated statement of cash flows of the Borrower for such period prepared in accordance with GAAP, but excluding in each case
(i) any such expenditure made to restore, replace or rebuild property to the condition of such property immediately prior to any damage, loss, destruction or condemnation of such property, to the extent such expenditure is made with insurance
proceeds, condemnation awards or damage recovery proceeds relating to any such damage, loss, destruction or condemnation and (ii) any such expenditure that constitutes a Permitted Acquisition. 

“Capital Lease Obligations” of any Person shall mean 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. 

  
 5 

 “Cash Collateralize” shall mean to pledge and deposit with
or deliver to the Administrative Agent, for the benefit of the Issuing Bank or Lenders, as collateral for L/C Exposure, cash or deposit account balances or, if the Administrative Agent and the Issuing Bank shall agree in their sole discretion, other
credit support, in each case pursuant to documentation in form and substance satisfactory to the Administrative Agent and the Issuing Bank. “Cash Collateral” shall have a meaning correlative to the foregoing and shall include
the proceeds of such cash collateral and other credit support. 
 “Cash Management
Services” shall have the meaning assigned to such term in the Guarantee and Collateral Agreement. 

A “Change in Control” shall mean any event or series of events by which: 

(a) a “person” or “group” (as such terms are used in Section 13(d) and 14(d) of the Securities Exchange Act of 1934,
but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan) becomes the “beneficial owner” (as defined
in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall be deemed to have “beneficial ownership” of all securities that such person or group has the right to acquire, whether such right is
exercisable immediately or only after the passage of time (such right, an “option right”)), directly or indirectly, of thirty-five percent (35%) or more 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); or 

(b) during any period of twenty-four (24) consecutive months, a majority of the members of the board of directors or other equivalent
governing body of the Borrower cease to be composed of individuals (i) who were members of that board or equivalent governing body on the first day of such period, (ii) whose election or nomination to that board or equivalent governing
body was approved by individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body or (iii) whose election or nomination to that board or
other equivalent governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body. 

“Change in Law” shall mean (a) the adoption of any law, rule or regulation after the date of this
Agreement, (b) any change in any law, rule or regulation or in the interpretation or application thereof by any Governmental Authority after the date of this Agreement or (c) compliance by any Lender or the Issuing Bank (or, for purposes
of Section 2.14, by any lending office of such Lender or by such Lender’s or the Issuing Bank’s holding company, if any) with any request, guideline or directive (whether or not having the force of law) of any Governmental Authority
made or issued after the date of this Agreement; provided that notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules,
guidelines or directives thereunder or issued in connection therewith and (y) 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 or issued.

  
 6 

 “Charges” shall have the meaning assigned to such term in
Section 9.09.  
 “Class,” when used in reference to any Loan or Borrowing, shall
refer to whether such Loan, or the Loans comprising such Borrowing, are Revolving Loans, Term Loans or Other Term Loans and, when used in reference to any Commitment, refers to whether such Commitment is a Revolving Credit Commitment, Incremental
Revolving Credit Commitment, Term Loan Commitment or Incremental Term Loan Commitment in respect of any Other Term Loan. 

“Closing Date” shall mean the date on which the conditions set forth in Section 4.02 shall have
been satisfied or waived, which date is June 30, 2017. 
 “Closing Fee” shall have
the meaning assigned to such term in Section 2.05(d). 
 “Code” shall mean the Internal
Revenue Code of 1986, as amended from time to time. 
 “Collateral” shall mean all the
“Collateral” as defined in any Security Document and shall also include the Mortgaged Properties. 

“Collateral Agent” shall have the meaning assigned to such term in the preamble. 

“Commitment” shall mean, with respect to any Lender, such Lender’s Revolving Credit Commitment,
Incremental Revolving Credit Commitment, Term Loan Commitment or Incremental Term Loan Commitment or commitment to make any Extended Revolving Loans or Extended Term Loans, as the case may be.  

“Commitment Fee” shall have the meaning assigned to such term in Section 2.05(a).

 “Communications” shall have the meaning assigned to such term in Section 9.01.

 “Compliance Certificate” shall mean a certificate of a Financial Officer substantially in
the form of Exhibit G. 
 “Consolidated EBITDA” shall mean, for any period, Consolidated Net Income
for such period plus (a) without duplication and to the extent deducted in determining such Consolidated Net Income, the sum of (i) Consolidated Interest Expense for such period, (ii) consolidated income tax expense for such
period (including any franchise taxes imposed in lieu of income taxes and any income taxes), (iii) all amounts attributable to depreciation and amortization for such period, (iv) any non-cash charges, expenses or losses (including, but not
limited to, impairment of goodwill or other intangible assets and exchange rate losses) of the Borrower or any of its Subsidiaries for such period (excluding any such charges, expenses or losses incurred that constitutes an accrual of or a reserve
for cash charges for any future period), (v) any extraordinary, unusual, or non-recurring cash charges or expenses for such period (including without limitation, severance, retention bonuses or other similar one time compensation payments made
to employees of the Borrower or any of its Subsidiaries or made in connection 

  
 7 

 
with a Permitted Acquisition), (vi) deferred compensation, stock-option or employee benefits-based and other equity-based compensation expenses for such period, (vii) fees, costs and
expenses in connection with the Transactions for such period, (viii) fees, costs and expenses in connection with any investment (including any Permitted Acquisition), asset disposition (including any Asset Sale), issuance of Equity Interests or
issuance, modification or refinancing of any Indebtedness for such period, in each case to the extent permitted under this Agreement and whether or not such transaction shall have been consummated, (ix) any losses or expenses to the extent
reimbursable by third parties in connection with any Permitted Acquisition for such period, as reasonably determined in good faith by the Borrower, provided, however, that if the Administrative Agent, acting reasonably, determines in
such period or the immediately succeeding period that any such losses or expenses, or any portion thereof (which, in each case, were included in Consolidated EBITDA for such period or such immediately preceding period pursuant to this clause (ix)),
are no longer reimbursable or are not reasonably likely to be reimbursed, then such losses or expenses, or any portion thereof, shall be subtracted from Consolidated Net Income in calculating Consolidated EBITDA in for such period,
(x) unrealized losses in respect of Obligations under Hedging Agreements for such period, (xi) any losses or expenses from discontinued operations or incurred in connection with the disposal of discontinued operations in accordance with
GAAP for such period (or if not in accordance with GAAP as otherwise reasonably acceptable to the Administrative Agent), (xii) non-cash charges or amounts recorded in connection with purchase accounting under FASB Accounting Standards
Codification Topic 805 (ASC 805), Business Combinations (including any applicable to future Permitted Acquisitions) for such period, (xiii) non-cash purchase accounting adjustments relating to the writedown of deferred revenue (whether billed
or unbilled) that are the result of accounting for any acquisition for such period, (xiv) the cumulative effect of a change in accounting principles to the extent permitted by Section 1.02(b) for such period, (xv) any expenses in
connection with any litigation or claim involving the Borrower or its Subsidiaries for such period, (xvi) debt discount and debt issuance costs, fees, charges and commissions, in each case incurred in connection with Indebtedness permitted to
be incurred under Section 6.01 (whether or not such Indebtedness has been incurred) for such period, (xvii) any losses or expenses incurred by the Borrower or its Subsidiaries in connection with establishing new or materially expanding
existing Healthcare Facilities for a period of 6 months prior to the new establishment or material expansion of such Healthcare Facilities and continuing for 12 months after the new establishment or completed material expansion of such Healthcare
Facilities, as reasonably determined in good faith by the Borrower, for such period, not to exceed an amount equal to 25% (or, for any period including or occurring after the fiscal quarter ending December 31, 2017, 20%) of Consolidated EBITDA
for the period of four consecutive fiscal quarters most recently ended prior to the determination date (without giving effect to any adjustments pursuant to this clause (xvii)), provided that for any period including or occurring after the
fiscal quarter ending March 31, 2018, the aggregate amount of add backs made pursuant to this clause (xvii) and the succeeding clause (xviii) shall not exceed an amount equal to 25% of Consolidated EBITDA for the period of four
consecutive fiscal quarters most recently ended prior to the determination date (without giving effect to any adjustments pursuant to this clause (xvii) and the succeeding clause (xviii)), and (xviii) the amount of net cost savings,
operating expense reductions, other operating improvements and acquisition synergies projected by the Borrower in good faith to be realized during such period (calculated on a pro forma basis as though such items had been realized on the
first day of such period) as a result of actions taken or to be taken 

  
 8 

 in connection with any acquisition, disposition or restructuring by the Borrower or any Subsidiary, net of
the amount of actual benefits realized during such period that are otherwise included in the calculation of Consolidated EBITDA from such actions, provided that (A) a duly completed certificate signed by a Financial Officer of the
Borrower shall be delivered to the Administrative Agent together with the Compliance Certificate required to be delivered pursuant to Section 5.04(c), certifying that (x) such cost savings, operating expense reductions and synergies are
reasonably expected and factually supportable as determined in good faith by the Borrower, and (y) such actions are to be taken within 12 months after the consummation of the acquisition, disposition or restructuring, which is expected to
result in such cost savings, expense reductions or synergies, (B) no cost savings, operating expense reductions and synergies shall be added pursuant to this clause (xviii) to the extent duplicative of any losses, expenses or charges
otherwise added to Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period, (C) projected amounts (and not yet realized) may no longer be added in calculating Consolidated EBITDA pursuant to this clause
(xviii) to the extent occurring more than four full fiscal quarters after the specified action taken in order to realize such projected cost savings, operating expense reductions and synergies, (D) the aggregate amount of add backs made
pursuant to this clause (xviii) shall not exceed an amount equal to 20% (or, for any period including or occurring after the fiscal quarter ending December 31, 2017, 10%) of Consolidated EBITDA for the period of four consecutive fiscal
quarters most recently ended prior to the determination date (without giving effect to any adjustments pursuant to this clause (xviii)) and (E) for any period including or occurring after the fiscal quarter ending March 31, 2018, the
aggregate amount of add backs made pursuant to the foregoing clause (xvii) and this clause (xviii) shall not exceed an amount equal to 25% of Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended prior
to the determination date (without giving effect to any adjustments pursuant to the foregoing clause (xvii) and this clause (xviii)), and minus (b) without duplication (i) to the extent included in determining such Consolidated
Net Income, any extraordinary, unusual, or non-recurring cash gains and all non-cash items of income for such period, all determined on a consolidated basis in accordance with GAAP, (ii) unrealized gains in respect of Obligations under Hedging
Agreements for such period and (iii) any gain from discontinued operations or any gain incurred in connection with the disposal of discontinued operations in accordance with GAAP for such period (or if not in accordance with GAAP as otherwise
reasonably acceptable to the Administrative Agent); provided that, in each case, for any period (A) the Consolidated EBITDA of any Acquired Entity acquired by the Borrower or any Subsidiary pursuant to a Permitted Acquisition during such
period shall be included on a pro forma basis for such period (assuming the consummation of such acquisition and the incurrence or assumption of any Indebtedness in connection therewith occurred as of the first day of such period) and
(B) the Consolidated EBITDA of any Person or line of business sold or otherwise disposed of by the Borrower or any Subsidiary during such period shall be excluded for such period (assuming the consummation of such sale or other disposition and
the repayment of any Indebtedness in connection therewith occurred as of the first day of such period). 
 “Consolidated Interest
Expense” shall mean, for any period, the sum of (a) the interest expense (including imputed interest expense in respect of Capital Lease Obligations and Synthetic Lease Obligations) of the Borrower and the Subsidiaries for such
period, determined on a consolidated basis in accordance with GAAP (including, for the avoidance of doubt, (i) any amounts of premium or penalty payable in connection with the payment of make-whole amounts

  
 9 

 
or other prepayment premiums payable in connection with any Indebtedness of the Borrower or any of its Subsidiaries, and (ii) all commissions, discounts and other fees and charges owed in
respect of interest rates to the extent such net costs are allocable to such period in accordance with GAAP), plus (b) any interest accrued during such period in respect of Indebtedness of the Borrower or any Subsidiary that is required to be
capitalized rather than included in consolidated interest expense for such period in accordance with GAAP. For purposes of the foregoing, interest expense shall be determined after giving effect to any net payments made or received by the Borrower
or any Subsidiary with respect to interest rate Hedging Agreements. 
 “Consolidated Net Income” shall
mean, for any period, the net income or loss of the Borrower and the Subsidiaries for such period determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded (a) the
income of any Subsidiary to the extent that the declaration or payment of dividends or similar distributions by the Subsidiary of that income is not at the time permitted by operation of the terms of its charter or any agreement, instrument,
judgment, decree, statute, rule or governmental regulation applicable to such Subsidiary except that (x) the Borrower’s equity in any net loss of any such Subsidiary for such period shall be included in determining Consolidated Net Income
and (y) the net income of any Controlled Physician Affiliate shall be included in the determination of Consolidated Net Income for any period to the extent that any Loan Party has received cash payments under the management agreement with such
Controlled Physician Affiliate during such period, (b) the income or loss of any Person accrued prior to the date it becomes a Subsidiary or is merged into or consolidated with the Borrower or any Subsidiary or the date that such Person’s
assets are acquired by the Borrower or any Subsidiary, (c) the income of any Person in which any other Person (other than the Borrower or a Wholly-Owned Subsidiary or any director holding qualifying shares in accordance with applicable law) has
a joint interest, except to the extent of the amount of dividends or other distributions actually paid to the Borrower or a Wholly-Owned Subsidiary by such Person during such period, and (d) any gains attributable to sales of assets out of the
ordinary course of business. 
 “Contractual Obligation” shall mean, as to any Person,
any provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its assets or properties is bound. 

“Control” shall mean the possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of a Person, whether through the ownership of Voting Equity Interests, by contract or otherwise (including any member of the senior management group of any such Person), and the terms
“Controlling” and “Controlled” shall have meanings correlative thereto. 

“Controlled Physician Affiliate” shall mean any Person comprised of or constituting a physician group or
healthcare practice in the business of providing health care services through employed or contracted health care professionals (a) as to which the Borrower or any Wholly-Owned Subsidiary has the option to require a transfer of all of the Voting
Equity Interests of such group or practice to itself or a nominee, (b) with which the Borrower or any Wholly-Owned Subsidiary has a long-term business agreement to provide management services to such group or practice and (c) the Voting
Equity Interests of which cannot, pursuant to applicable Laws, or should not, in the reasonable good faith determination of the Borrower, be owned by the Borrower or any Wholly-Owned Subsidiary. 

  
 10 

 “Credit Event” shall have the meaning assigned to such term
in Section 4.01. 
 “Credit Facilities” shall mean the revolving credit, letter of
credit and term loan facilities provided for by this Agreement. 
 “Credit Suisse” shall
have the meaning assigned to such term in the preamble. 
 “Cure Amount” shall have the
meaning assigned to such term in Section 7.02(a). 
 “Cure Right” shall have the meaning
assigned to such term in Section 7.02(a). 
 “Current Assets” shall mean, at any time,
the consolidated current assets (other than cash and Permitted Investments) of the Borrower and the Subsidiaries determined in accordance with GAAP. 

“Current Liabilities” shall mean, at any time, the consolidated current liabilities of the Borrower and
the Subsidiaries at such time determined in accordance with GAAP, but excluding, without duplication, (a) the current portion of any long-term Indebtedness and (b) outstanding Revolving Loans.

 “Debtor Relief Laws” shall mean 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. 
 “Declined Proceeds” shall have the meaning assigned to
such term in Section 2.13(f). 
 “Deerfield Consent Fee” shall mean that certain
“Consent Fee” under and as defined in that certain letter agreement dated as of May 30, 2017 by and among Borrower, Deerfield Private Design Fund III, L.P., Deerfield Partners, L.P. and Deerfield International Master Fund, L.P., a
copy of which has been delivered to the Administrative Agent. 
 “Default” shall mean
any event or condition which upon notice, lapse of time or both would constitute an Event of Default. 

“Defaulting Lender” shall mean, subject to Section 2.24(b), any Lender that (a) has failed to
(i) fund all or any portion of its Loans within two Business Days of the date such Loans 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, the Issuing Bank or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit) within two Business Days of the date when due, (b) has
notified the Borrower, the Administrative Agent or the Issuing Bank in writing that it does not intend to comply with its  

  
 11 

 
funding obligations hereunder, or has made a public statement to that effect (unless such writing or public statement relates to such Lenders’ 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 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), (d) has become the subject of a
Bail-In Action or (e) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under any Debtor Relief Law, or (ii) had appointed for it a receiver, custodian, conservator, trustee,
administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or Federal regulatory authority
acting in such a capacity; 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 clauses (a) through
(e) above shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.24(b)) upon delivery of written notice of such determination to the Borrower, the Issuing Bank
and each Lender. 
 “Designated Jurisdiction” shall mean any country or territory to the extent that such country or
territory is the subject of any Sanctions. 
 “Discount” shall have the meaning assigned to such term in
Section 2.23(b). 
 “Disqualified Institution” shall mean (a) any Person identified by name in writing to
the Arrangers by the Borrower prior to the Closing Date, (b) any competitor of the Borrower and its Subsidiaries identified by name in writing to the Administrative Agent and the Lenders from time to time after the Closing Date by the Borrower
and (c) any clearly and reasonably identifiable Affiliate of any Person referred to in clauses (i) or (ii) above solely on the basis of such Affiliate’s name; provided that a Disqualified Institution shall
not include any bona fide fixed income investor, debt fund, investment vehicle or lending entity that is primarily engaged in, or that advises investors, funds, investment vehicles or other lending entities that are engaged in, making, purchasing,
holding or otherwise investing in commercial loans, bonds or similar extensions of credit or securities in the ordinary course and with respect to which a Disqualified Institution does not, directly or indirectly, possess the power to direct or
cause the direction of the investment policies of such entity; provided, further, that no Disqualified Institution may become a Lender or otherwise participate in the Credit Facilities without consent of the Borrower; provided,
further, that any Disqualified Institution identified from time to time after the Closing Date shall not apply retroactively to disqualify any party that has previously acquired an assignment or participation interest in the Credit
Facilities; provided, further, that the parties hereto hereby understand and agree that the Administrative Agent shall not be responsible or have any liability for, or have any duty to ascertain, inquire into, monitor or enforce,
compliance with the provisions hereof relating to any Disqualified Institution. 

  
 12 

 “Disqualified Stock” shall mean any Equity Interest that, by its terms
(or by the terms of any security into which it is convertible or for which it is exchangeable), or upon the happening of any event, (a) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is
mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the option of the holder thereof (other than solely for Equity Interests which are common equity interests or otherwise not Disqualified Stock), in whole
or in part, or requires the payment of any cash dividend or any other scheduled payment constituting a return of capital, in each case at any time on or prior to the ninety-first day after the later of the Term Loan Maturity Date and the Incremental
Term Loan Maturity Date as in effect at the time such Equity Interest is issued, or (b) is convertible into or exchangeable (unless at the sole option of the issuer thereof) for (i) debt securities or (ii) any Equity Interest referred
to in clause (a) above, in each case at any time prior to the first anniversary of the later of the Term Loan Maturity Date and the Incremental Term Loan Maturity Date as in effect at the time such Equity Interest is issued. 

“Dollars” or “$” shall mean lawful money of the United States of America. 

“Dutch Auction” shall mean an auction conducted by the Borrower or any Subsidiary in order to purchase Term Loans as
contemplated by Section 9.04(l), as applicable, in accordance with the Auction Procedures. 
 “EEA Financial
Institution” shall mean (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 clause (a) or
(b) of this definition and is subject to consolidated supervision with its parent; 
 “EEA Member Country”
shall mean any of the member states of the European Union, Iceland, Liechtenstein, Norway and the United Kingdom. 
 “EEA
Resolution Authority” shall mean any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA
Financial Institution. 
 “ECF Percentage” shall mean, with respect to the prepayment required by
Section 2.13(c) with respect to any fiscal year, if the Senior Secured Leverage Ratio as of the end of such fiscal year was (a) greater than 3.25:1.00, 75%, (b) equal to or less than 3.25:1.00 but greater
than 2.75:1.00, 50% and (c) equal to or less than 2.75:1.00, 25%. 
 “Eligible Assignee” shall mean
(a) a Lender, (b) an Affiliate of a Lender, (c) a Related Fund of a Lender and (d) any other Person (other than a natural person) approved by (x) the Administrative Agent and, in the case of any assignment of Revolving
Credit Commitments or Revolving Loans, the Issuing Bank and (y) except with respect to assignments when an Event of Default has occurred and is continuing or during the primary syndication of the Commitments

  
 13 

 
and Loans to Persons identified to the Borrower prior to the Closing Date or to a Revolving Credit Lender and its Affiliates, the Borrower (each such approval not to be unreasonably withheld,
conditioned or delayed); provided that the Borrower shall be deemed to have consented to any proposed Eligible Assignee unless it shall object thereto by written notice to the Administrative Agent within five Business Days after having
received written notice thereof; provided, further, that notwithstanding the foregoing, “Eligible Assignee” shall not include (i) the Borrower or any of the Borrower’s Affiliates (it being understood and agreed that
assignments to the Borrower or a Subsidiary may be made pursuant to Section 9.04(l)), (ii) any Defaulting Lender or (iii) any Disqualified Institution. 

“Engagement Letter” shall mean the Amended and Restated Engagement Letter dated as of June 7, 2017 among the
Borrower, Credit Suisse Securities (USA) LLC, BMO Capital Markets Corp. and Whitney Bank (d/b/a Hancock Bank), as amended, restated, supplemented or otherwise modified from time to time. 

“Environmental Laws” shall mean all applicable Federal, state, local and foreign laws (including common law),
treaties, regulations, rules, ordinances, codes, decrees, judgments, directives and orders (including consent orders), in each case, relating to (a) protection of the environment or natural resources, (b) the presence, Release of, or
exposure to Hazardous Materials, or (c) the generation, manufacture, processing, distribution, use, treatment, storage, transport, recycling or handling of, or the arrangement for such activities with respect to, or the exposure to, Hazardous
Materials. 
 “Environmental Liability” shall mean all liabilities, obligations, damages, losses, claims, actions,
suits, judgments, orders, fines, penalties, fees, expenses and costs (including administrative oversight costs, natural resource damages and remediation costs), whether contingent or otherwise, arising out of or relating to (a) compliance or non-compliance with any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials,
(d) the Release 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. 

“Equity Interests” shall mean shares of capital stock, partnership interests, membership interests in a limited
liability company, beneficial interests in a trust or other equity interests in any Person, and any option, warrant or other right entitling the holder thereof to purchase or otherwise acquire any such equity interest. 

“Equity Issuance” shall mean any issuance or sale by the Borrower or any of its subsidiaries of any Equity Interests
of the Borrower or any such subsidiary, as applicable, except in each case for (a) any issuance or sale to the Borrower or any Subsidiary, (b) any issuance of directors’ qualifying shares, (c) sales or issuances of common stock
of the Borrower to management or employees of the Borrower or any Subsidiary under any employee stock option or stock purchase plan or employee benefit plan in existence from time to time and (d) Permitted Acquisitions and establishing new or
materially expanding existing Healthcare Facilities, in each case within 270 days after such issuance or sale by the Borrower or any of its subsidiaries of any Equity Interests of the Borrower or any such subsidiary. 

  
 14 

 “ERISA” shall mean the Employee Retirement Income Security
Act of 1974, as the same may be amended from time to time, the regulations promulgated thereunder and any successor statute. 

“ERISA Affiliate” shall mean any trade or business (whether or not incorporated) that, together with the
Borrower, is treated as a single employer under Section 414(b), 414(c), 414(m) or 414(o) of the Code. 

“ERISA Event” shall mean (a) the occurrence of any “reportable event” as defined in
Section 4043 of ERISA or the regulations issued thereunder, with respect to a Plan (other than an event for which the 30-day notice period is waived), (b) the failure by any Plan to meet the minimum funding standard of Sections 412
and 430 of the Code or Section 302 and 303 of ERISA, in each case, whether or not waived, (c) the filing pursuant to Section 412(c) of the Code or Section 302(c) of ERISA of an application for a waiver of the minimum funding
standard with respect to any Plan, (d) the incurrence by the Borrower or any of its ERISA Affiliates of any liability under Title IV of ERISA with respect to the termination of any Plan or the withdrawal or partial withdrawal of the
Borrower or any of its ERISA Affiliates from any Multiemployer Plan, (e) a determination that any Plan is, or is expected to be, in “at risk” status (as defined in Section 430 of the Code or Section 303 of ERISA),
(f) the receipt by the Borrower or any of its ERISA Affiliates from the PBGC or a plan administrator of any notice relating to the intention to terminate any Plan or Plans or to appoint a trustee to administer any Plan under Sections 4041 and
4042 of ERISA, respectively, (g) a determination that any Multiemployer Plan is, or is expected to be, in “critical” or “endangered” status under Section 432 of the Code or Section 305 of ERISA, (h) the
adoption of any amendment to a Plan that would require the provision of security pursuant to Section 436(f) of the Code, (i) the receipt by the Borrower or any of its ERISA Affiliates of any notice, or the receipt by any Multiemployer Plan
from the Borrower or any of its ERISA Affiliates of any notice, concerning the imposition of Withdrawal Liability or a determination that a Multiemployer Plan is, or is expected to be, insolvent, within the meaning of Section 4245 of ERISA,
respectively, (j) the occurrence of a “prohibited transaction” with respect to which the Borrower or any of the Subsidiaries is a “disqualified person” (within the meaning of Section 4975 of the Code), (k) the
disqualification by the Internal Revenue Service of any Plan under Section 401(a) of the Code or the determination by the Internal Revenue Service that any trust forming part of any Plan fails to qualify for exemption from taxation under
Section 501(a) of the Code, (l) the imposition of a Lien pursuant to Section 430(k) of the Code or pursuant to Section 303(k) of ERISA or a violation of Section 436 of the Code with respect to any Plan or (m) any other
event or condition with respect to a Plan or Multiemployer Plan that could result in liability of the Borrower or any Subsidiary. 

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

“Eurodollar,” when used in reference to any Loan or Borrowing, shall refer to whether such Loan, or the
Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate. 

“Events of Default” shall have the meaning assigned to such term in Section 7.01. 

  
 15 

 “Excess Cash Flow” shall mean, for any fiscal year of the Borrower, the
difference, if any, of (a) the sum, without duplication, of (i) Consolidated EBITDA for such fiscal year and (ii) reductions to noncash working capital of the Borrower and the Subsidiaries for such fiscal year (i.e., the
decrease, if any, in Current Assets minus Current Liabilities from the beginning to the end of such fiscal year (excluding any changes in working capital due to the effects of purchase accounting adjustments)) minus (b) the sum, without
duplication, of (i) the amount of any Taxes paid in cash by the Borrower and the Subsidiaries with respect to such fiscal year (including any franchise taxes imposed in lieu of income taxes), (ii) Consolidated Interest Expense for such
fiscal year paid in cash, (iii) the amount of any Capital Expenditures and investments (including any Permitted Acquisition), to the extent permitted under this Agreement (whether or not such Capital Expenditure, investment or acquisition shall
have been consummated) and that are made in cash during such fiscal year, except to the extent financed with the proceeds of Indebtedness, equity issuances, casualty proceeds, condemnation proceeds or other proceeds that would not be included in
Consolidated EBITDA, (iv) permanent repayments of Indebtedness (other than mandatory prepayments of Loans under Section 2.13, but including any voluntary prepayments of Term Loans under Section 2.12 to the extent they reduce scheduled
repayments of Term Loans under Section 2.11 in such period) made in cash by the Borrower and the Subsidiaries during such fiscal year, but only to the extent that the Indebtedness so prepaid by its terms cannot be reborrowed or redrawn and such
prepayments do not occur in connection with a refinancing of all or any portion of such Indebtedness, (v) solely to extent representing a cash item actually paid in cash during such fiscal year, the amounts added back to Consolidated EBITDA
during such fiscal year pursuant to clauses (v), (vi), (vii), (viii), (xv), (xvi) and (xvii) of the definition of Consolidated EBITDA, (vi) additions to noncash working capital for such fiscal year (i.e., the increase, if any,
in Current Assets minus Current Liabilities from the beginning to the end of such fiscal year) and (viii) the aggregate amount of Restricted Payments made in cash during such fiscal year in accordance with Section 6.06(a)(i)(x). 

“Excluded Assets” shall have the meaning assigned to such term in the Guarantee and Collateral Agreement. 

“Excluded Taxes” shall mean, with respect to the Administrative Agent, any Lender, the Issuing Bank or any other
recipient of any payment to be made by or on account of any obligation of the Borrower hereunder, (a) income Taxes imposed on (or measured by) its net income (however denominated) or franchise Taxes imposed in lieu of income Taxes, in each case
by (i) the United States of America or by the jurisdiction under the Laws of which such recipient is organized or in which its principal office is located, (ii) any jurisdiction with which such recipient has a present or former connection
(other than connections arising solely from such recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected security interests under, engaged in any other transaction
pursuant to or enforced any Loan Document, or sold or assigned any interest in a Loan Document) or (iii) in the case of any Lender, in which its applicable lending office is located, (b) any branch profits Taxes imposed by the United
States of America or any similar Tax imposed by any other jurisdiction described in clause (a) above, (c) in the case of a Foreign Lender (other than an assignee pursuant to a request by the Borrower under Section 2.21(a)), any U.S.
federal withholding Tax that is imposed on amounts payable to such Foreign Lender at the time such Foreign Lender becomes a party to this Agreement (or designates a new lending 

  
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office) or is attributable to such Foreign Lender’s failure to comply with Section 2.20(e), except to the extent that such Foreign Lender (or its assignor, if any) was entitled, at the
time of designation of a new lending office (or assignment), to receive additional amounts from the Borrower with respect to such withholding Tax pursuant to Section 2.20(a), (d) any backup withholding tax that is required by the Code to
be withheld from amounts payable to it, and (e) any Taxes imposed by FATCA. 
 “Existing Indebtedness” shall
mean (i) the Credit Agreement dated as of March 9, 2015 (as amended, restated, supplemented or otherwise modified prior to the date hereof) among the Borrower, the lenders party thereto and Bank of America, N.A., as administrative agent,
collateral agent and issuing bank and (ii) the Facility Agreement dated as of October 2, 2015 (as amended, restated, supplemented or otherwise modified prior to the date hereof) among the Borrower, Deerfield Private Design Fund III, L.P.,
Deerfield Partners, L.P. and Deerfield International Master Fund, L.P. 
 “Extended Revolving Credit Commitment”
shall mean any Class of Revolving Credit Commitments the maturity of which shall have been extended pursuant to Section 2.25. 

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

 “Extended Term Loans” shall mean any Class of Term Loans the maturity of which shall have been extended pursuant
to Section 2.25. 
 “Extension” shall have the meaning assigned to such term in Section 2.25(a). 

“Extension Offer” shall have the meaning assigned to such term in Section 2.25(a). 

“FATCA” shall mean 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 or official interpretations thereof, any agreement entered into thereto, or any law implementing an
intergovernmental agreement or approach thereto. 
 “FCPA” shall have the meaning assigned to such
term in Section 3.26. 
 “Federal Funds Effective Rate” shall mean, for any day, the greater of (a) weighted
average of the rates on overnight Federal funds transactions with members of the Federal Reserve System, as published on the next succeeding Business Day by the Federal Reserve Bank of New York, and (b) 0.00% per annum. 

“Fees” shall mean the Commitment Fees, the Administrative Agent Fees, the L/C Participation Fees, the Issuing Bank
Fees and the Closing Fees. 
 “Financial Officer” of any Person shall mean the chief financial officer, principal
accounting officer, treasurer or controller of such Person. 

  
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 “Floating Investments Basket” shall mean, at any time,
(a) $10,000,000 minus (b) the aggregate amount of all investments, loans and advances made pursuant to Section 6.04(a), (h) and/or (i) at or prior to such time in reliance on the foregoing clause (a).

 “Foreign Lender” shall mean any Lender that is organized under the laws of a jurisdiction
other than the United States of America, each State thereof or the District of Columbia. 
 “Fronting
Exposure” shall mean, at any time there is a Defaulting Lender, with respect to the Issuing Bank, such Defaulting Lender’s Pro Rata Percentage of the outstanding L/C Exposure with respect to Letters of Credit issued by such Issuing
Bank other than L/C Exposure as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof. 

“GAAP” shall mean United States generally accepted accounting principles applied on a basis consistent
with the financial statements delivered pursuant to Section 4.02(j). 
 “Government
Official” shall mean (a) an executive, official, employee or agent of a governmental department, agency or instrumentality, (b) a director, officer, employee or agent of a wholly or partially government-owned or
government-controlled company or business, (c) a political party or official thereof, or candidate for political office or (d) an executive, official, employee or agent of a public international organization (e.g., the International
Monetary Fund or the World Bank). 
 “Governmental Authority” shall mean any Federal,
state, local or foreign court or governmental agency, authority, instrumentality or regulatory body. 

“Granting Lender” shall have the meaning assigned to such term in Section 9.04(i). 

“Guarantee” of or by any Person shall mean any obligation, contingent or otherwise, of such Person
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 such
Person, 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
of such Indebtedness or other obligation, (b) to purchase or lease property, securities or services for the purpose of assuring the owner of such Indebtedness or other obligation of the payment of such Indebtedness or other obligation or
(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;
provided, however, that the term “Guarantee” shall not include endorsements for collection or deposit in the ordinary course of business. The amount of any Guarantee
shall be deemed to be an amount equal to the stated or determinable amount of the Indebtedness or other obligation of the primary obligor in respect of which such Guarantee is made (or, if less, the maximum amount of such Indebtedness or other
obligation for which such Person may be liable, whether singly or jointly, pursuant to the terms of the instrument evidencing such Guarantee) or, if not stated or determinable, the maximum reasonably anticipated liability in respect
thereof (assuming such Person is required to perform thereunder). 

  
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 “Guarantee and Collateral Agreement” shall mean the
Guarantee and Collateral Agreement, substantially in the form of Exhibit D, among the Borrower, the Subsidiaries party thereto and the Collateral Agent for the benefit of the Secured Parties. 

“Hazardous Materials” shall mean (a) any petroleum products or byproducts and all other
hydrocarbons, coal ash, radon gas, asbestos, urea formaldehyde foam insulation, polychlorinated biphenyls, chlorofluorocarbons and all other ozone-depleting substances and (b) any chemical, material, substance or waste that is prohibited,
limited or regulated by or pursuant to any Environmental Law. 
 “Healthcare
Authorizations” shall mean any and all permits, licenses, authorizations, certificates, certificates of need, and accreditations of third-party accreditation agencies and Nongovernmental Payors (a) necessary to enable the Borrower
or any of its Subsidiaries to engage in the Healthcare Service Business, participate in and receive payment under plans of Nongovernmental Payors or otherwise continue to conduct its Healthcare Service Business or (b) required under any law
relating to Persons engaged in the Healthcare Service Business. 
 “Healthcare Facility”
shall mean any facility which provides inpatient or outpatient abuse treatment services for individuals with drug or alcohol addiction, any sober living facility and any facility which provides laboratory services that is owned, leased or operated
by the Borrower or its Subsidiaries, and any ancillary business thereto. 
 “Healthcare
Laws” shall mean, collectively, any and all current or future laws with respect to any healthcare regulatory matters, any Healthcare Authorizations, any Healthcare Facility and any Healthcare Service Business, and any rule,
regulation, directive, order or decision promulgated or issued pursuant thereto, including without limitation: (a) any and all federal, state and local fraud and abuse laws, including, without limitation, the federal Anti-Kickback Statute (42
U.S.C. § 1320a 7(b)), the Stark Law (42 U.S.C. § 1395nn and §1395(q)), the civil False Claims Act (31 U.S.C. §§ 3729 et seq.), Sections 1320a-7 and 1320a-7a of Title 42 of the United States Code, the criminal False Claims
Law (42 U.S.C. § 1320a-7b(a)), all criminal laws relating to healthcare fraud and abuse, including but not limited to 18 U.S.C. Sections 286 and 287, the healthcare fraud criminal provisions under HIPAA, and the regulations promulgated pursuant
to such statutes; (b) the federal Food, Drug & Cosmetic Act (21 U.S.C. §§ 301 et seq.) and the regulations promulgated thereunder; (c) HIPAA; (d) the Patient Protection and Affordable Care Act (P.L. 111-148), as
amended by the Health Care and Education Reconciliation Act (P.L. 111-152) and the regulations promulgated thereunder; (e) quality, safety and accreditation standards and requirements of all applicable state laws or regulatory bodies;
(f) Requirements of Law relating to the licensure, certification, qualification or authority to transact business relating to the provision of and/or payment for healthcare services; (g) the Clinical Laboratory Improvement Amendments of
1988 (42 U.S.C. § 263a) and the regulations promulgated thereunder; (h) laws related to the billing, coding or submission of claims or collection of accounts receivable or refund of overpayments; (i) corporate practice of medicine
laws and fee-splitting prohibitions; (j) health planning or rate-setting laws, including laws regarding certificates of need and certificates of exemption; (k) the HITECH Act; (l) MHPAEA; and (m) any and all other applicable
health care laws, regulations, manual provisions, policies and administrative guidance, each of (a) through (m) as may be amended from time to time. 

  
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 “Healthcare Service Business” shall mean a business, the
majority of whose revenues are derived from arranging to provide or administering, managing or monitoring healthcare services, or any business or activity that is reasonably similar thereto (including, for the avoidance of doubt, a business
providing inpatient or outpatient abuse treatment services for individuals with drug or alcohol addiction) or a reasonable extension, development or expansion thereof or ancillary thereto. 

“Hedging Agreement” shall mean any interest rate protection agreement, foreign currency exchange
agreement, commodity price protection agreement or other interest or currency exchange rate or commodity price hedging arrangement. 

“HIPAA” shall have the meaning assigned to such term in Section 5.16(f). 

“HITECH Act” shall have the meaning assigned to such term in Section 5.16(f). 

“ICE LIBOR” shall have the meaning assigned to such term in the definition of “Alternate Base
Rate”. 
 “Incremental Loan Assumption Agreement” shall mean an Incremental Loan
Assumption Agreement among, and in form and substance reasonably satisfactory to, the Borrower, the Administrative Agent and one or more Incremental Term Lenders. 

“Incremental Revolving Credit Amount” shall mean, at any time, (a) $15,000,000 minus
(b) the aggregate amount of all Incremental Revolving Credit Commitments established prior to such time pursuant to Section 2.23 in reliance on the foregoing clause (a). 

“Incremental Revolving Credit Borrowing” shall mean a Borrowing comprised of Incremental Revolving
Credit Loans. 
 “Incremental Revolving Credit Commitment” shall have the meaning
assigned to such term in Section 2.23(a). 
 “Incremental Revolving Credit Lender” shall
mean a Lender with an Incremental Revolving Credit Commitment or an outstanding Revolving Loan as a result of an Incremental Revolving Credit Commitment. 

“Incremental Revolving Credit Loans” shall mean Revolving Loans made by one or more Lenders to the
Borrower pursuant to their Incremental Revolving Credit Commitments. 
 “Incremental Term
Borrowing” shall mean a Borrowing comprised of Incremental Term Loans. 

“Incremental Term Lender” shall mean a Lender with an Incremental Term Loan Commitment or an outstanding
Incremental Term Loan. 

  
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 “Incremental Term Loan Amount” shall mean, at any time, the
sum of (a) (i) $25,000,000 minus (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.23 in reliance on this clause (a), and (b) the maximum amount of
Incremental Term Loans that could be incurred at such time such that after giving effect to the incurrence thereof and the use of proceeds thereof the Senior Secured Leverage Ratio would be less than 3.90:1.00 as of the most recently completed
period of four consecutive fiscal quarters for which the financial statements and certificates required by Section 5.04(a) or (b), as the case may be, have been or were required to have been delivered (determined for any such period by
reference to a certificate of a Financial Officer, certifying as to the foregoing and containing reasonably detailed calculations in support thereof, in form and substance reasonably satisfactory to the Administrative Agent). 

“Incremental Term Loan Commitment” shall mean the commitment of any Lender, established pursuant to
Section 2.23, to make Incremental Term Loans to the Borrower. 
 “Incremental Term Loan Maturity
Date” shall mean the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Loan Assumption Agreement. 

“Incremental Term Loan Repayment Dates” shall mean the dates scheduled for the repayment of principal of
any Incremental Term Loan, as set forth in the applicable Incremental Loan Assumption Agreement. 

“Incremental Term Loans” shall mean the term loans made by one or more Incremental Term Lenders to the
Borrower pursuant to Section 2.01(b). Incremental Term Loans may be made in the form of additional Term Loans with terms and provisions identical to those of the Term Loans made by the Lenders to the Borrower pursuant to clause (i) of
Section 2.01(a) or, to the extent permitted by Section 2.23 and provided for in the relevant Incremental Loan Assumption Agreement, Other Term Loans. 

“Indebtedness” of any Person shall mean, without duplication, (a) all obligations of such Person
for borrowed money or with respect to deposits or advances of any kind, (b) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, (c) all obligations of such Person upon which interest charges are
customarily paid, (d) all obligations of such Person under conditional sale or other title retention agreements relating to property or assets purchased by such Person, (e) all obligations of such Person issued or assumed as the deferred
purchase price of property or services (excluding trade accounts payable and accrued obligations incurred in the ordinary course of business), (f) all Indebtedness of others secured by (or for which the holder of such Indebtedness has an
existing right, contingent or otherwise, to be secured by) any Lien on property owned or acquired by such Person, whether or not the obligations secured thereby have been assumed (but limited to the lesser of the fair market value of such property
and the outstanding principal amount of such Indebtedness), (g) all Guarantees by such Person of Indebtedness of others, (h) all Capital Lease Obligations of such Person, (i) all Synthetic Lease Obligations of such Person,
(j) net obligations of such Person under any Hedging Agreements, valued at the Agreement Value thereof, (k) all obligations of such Person to purchase, redeem, retire, defease or otherwise make any payment in respect of any Equity
Interests of such Person or any other Person or any warrants, rights or options to acquire such Equity Interests, valued, in the case of redeemable preferred interests, at the greater of its 

  
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voluntary or involuntary liquidation preference plus accrued and unpaid dividends, (l) all obligations of such Person as an account party in respect of letters of credit and
(m) all obligations of such Person in respect of bankers’ acceptances. The Indebtedness of any Person shall include the Indebtedness of any partnership in which such Person is a general partner (but only to the extent such general partner
is obligated thereunder); provided that, notwithstanding anything to the contrary in the foregoing definition, Indebtedness shall exclude (1) ordinary course intercompany payables among the Borrower and its Subsidiaries and
(2) solely for the purposes of calculating any Senior Secured Leverage Ratio or any Total Leverage Ratio under this Agreement, any Attributable Indebtedness or any other lease obligation resulting from any Sale and Leaseback Transaction
permitted pursuant to Section 6.03. 
 “Indemnified Taxes” shall mean Taxes, other than Excluded Taxes,
imposed on or with respect to any payment made by or on account of any Obligation of the Borrower under any Loan Document. 

“Indemnitee” shall have the meaning assigned to such term in Section 9.05(b). 

“Information” shall have the meaning assigned to such term in Section 9.16. 

“Intellectual Property” shall have the meaning assigned to such term in the Guarantee and Collateral Agreement. 

“Interest Payment Date” shall mean (a) with respect to any ABR Loan, the last Business Day of each March, June,
September and December, and (b) with respect to any Eurodollar Loan, the last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Eurodollar Borrowing with an Interest Period of more than
three months’ duration, each day that would have been an Interest Payment Date had successive Interest Periods of three months’ duration been applicable to such Borrowing. 

“Interest Period” shall mean, with respect to any Eurodollar Borrowing, the period commencing on the date of such
Borrowing and ending on the numerically corresponding day (or, if there is no numerically corresponding day, on the last day) in the calendar month that is 1, 2, 3 or 6 months (or 12 months if agreed to by all Lenders) thereafter, as
the Borrower may elect; provided, however, that (a) if any Interest Period would end on a day other than a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next succeeding
Business Day would fall in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day, (b) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which there
is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period and (c) no Interest Period for any Loan shall extend
beyond the maturity date of such Loan. Interest shall accrue from and including the first day of an Interest Period to but excluding the last day of such Interest Period. For purposes hereof, the date of a Borrowing initially shall be the date on
which such Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such Borrowing. 

  
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 “Interpolated Rate” shall mean the rate per annum which
results from interpolating on a linear basis between (a) the rate per annum appearing on Reuters Screen LIBOR01 Page (or on any successor or substitute page of such service) for the longest period (for which such rate per annum is available)
which is less than such Interest Period and (b) the rate per annum appearing on Reuters Screen LIBOR01 Page (or on any successor or substitute page of such service) for the shortest period (for which such rate per annum is available) which
exceeds such Interest Period, each as determined by the Administrative Agent at approximately 11:00 a.m. (London time) on the date that is two Business Days prior to the commencement of such Interest Period. 

“Issuing Bank” shall mean, as the context may require, (a) Credit Suisse, acting through any of its
Affiliates or branches, in its capacity as an issuer of Letters of Credit hereunder and (b) any other Lender that may become an Issuing Bank pursuant to Section 2.22(i) or 2.22(k), with respect to Letters of Credit issued by such Lender.
The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates or branches of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate or branch with respect to
Letters of Credit issued by such Affiliate or branch. 
 “Issuing Bank Fees” shall have
the meaning assigned to such term in Section 2.05(c). 
 “Junior Capital” shall
mean any common or preferred Equity Interests of the Borrower that do not (a) provide for scheduled payments of dividends (or other payments constituting a return on capital) in cash prior to the date that is 91 days after the later of the Term
Loan Maturity Date and the Incremental Term Loan Maturity Date as in effect at the time of the issuance of such Equity Interests, or (b) become mandatorily redeemable (including at the option of the holder thereof) pursuant to a sinking fund
obligation or otherwise prior to the date that is 91 days after the later of the Term Loan Maturity Date and the Incremental Term Loan Maturity Date as in effect at the time of the issuance of such Equity Interests. 

“L/C Commitment” shall mean the commitment of the Issuing Bank to issue Letters of Credit pursuant to
Section 2.22. 
 “L/C Disbursement” shall mean a payment or disbursement made by
the Issuing Bank pursuant to a Letter of Credit. 
 “L/C Exposure” shall mean at any
time the sum of (a) the aggregate undrawn amount of all outstanding Letters of Credit at such time and (b) the aggregate amount of all L/C Disbursements that have not yet been reimbursed by or on behalf of the Borrower at such time. The
L/C Exposure of any Revolving Credit Lender at any time shall equal its Pro Rata Percentage of the aggregate L/C Exposure at such time. 

“L/C Participation Fee” shall have the meaning assigned to such term in Section 2.05(c).

 “Landlord Personal Property Collateral Access Agreement” shall mean a Landlord Personal
Property Collateral Access Agreement substantially in the form of Exhibit H with such amendments or modifications as may be approved by the Collateral Agent. 

  
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 “Law” shall mean any federal, state, local, national or supranational or
foreign law, statute, code, ordinance, rule, regulation, order, judgment, writ, stipulation, award, injunction, decree or arbitration award or finding. 

“Lenders” shall mean (a) the Persons listed on Schedule 2.01 (other than any such Person that has ceased to
be a party hereto pursuant to an Assignment and Acceptance), (b) any Person (other than a natural person) that has become a party hereto pursuant to an Assignment and Acceptance and (c) any Person (other than a natural person) that has
become a party hereto pursuant to an Incremental Loan Assumption Agreement. 
 “Letter of Credit” shall mean any
standby letter of credit issued pursuant to Section 2.22. 
 “LIBO Rate” shall mean, with respect to any
Eurodollar Borrowing for any Interest Period, the rate per annum determined by the Administrative Agent at approximately 11:00 a.m. (London time) on the date that is two Business Days prior to the commencement of such Interest Period by reference to
ICE LIBOR as published by Reuters (or such other commercially available source providing quotations of ICE LIBOR as may be designated by the Administrative Agent from time to time) for a period equal to such Interest Period; provided that, to
the extent that an interest rate is not ascertainable pursuant to the foregoing provisions of this definition, the “LIBO Rate” shall be the Interpolated Rate. 

“Lien” shall mean, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, encumbrance, charge
or security interest in or on such asset and (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any
of the foregoing) relating to such asset; provided that in no event shall any operating lease, any license of intellectual property or any agreement to sell be deemed to constitute a Lien. 

“Loan Documents” shall mean this Agreement, the Letters of Credit, Section 5 of the Engagement Letter, the
Security Documents, each Incremental Loan Assumption Agreement, the promissory notes, if any, executed and delivered pursuant to Section 2.04(e), any other document executed in connection with any of the foregoing and together with all
schedules, exhibits, annexes and other attachments thereto. 
 “Loan Parties” shall mean the Borrower and the
Subsidiary Guarantors. 
 “Loans” shall mean the Revolving Loans and the Term Loans. 

“Margin Stock” shall have the meaning assigned to such term in Regulation U. 

“Material Adverse Effect” shall mean (a) a material adverse change in, or a material adverse effect upon, the
operations, business, properties, liabilities (actual or contingent) or condition (financial or otherwise) of the Borrower and its Subsidiaries taken as a whole; (b) a material impairment of the rights and remedies of any Agent or any Lender
under any Loan Document, or of the ability of any Loan Party to perform its obligations under any Loan Document to which it is a party; or (c) a material adverse change in, or a material adverse effect upon, the legality, validity, binding
effect or enforceability against any Loan Party of any Loan Document to which it is a party. 

  
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 “Material Indebtedness” shall mean Indebtedness (other than the Loans and
Letters of Credit), or obligations in respect of one or more Hedging Agreements, of any one or more of the Borrower or any Subsidiary in an aggregate principal amount exceeding $15,000,000. For purposes of determining Material Indebtedness, the
“principal amount” of the obligations of the Borrower or any Subsidiary in respect of any Hedging Agreement at any time shall be the Agreement Value of such Hedging Agreement at such time. 

“Material Subsidiary” shall mean any Subsidiary of the Borrower that, together with its Subsidiaries,
(a) generates more than 5% of Consolidated EBITDA on a pro forma basis for the four (4) fiscal quarter period most recently ended or (b) has total assets (including Equity Interests in other Subsidiaries and excluding
investments that are eliminated in consolidation) of equal to or greater than 5% of the total assets of the Borrower and its Subsidiaries, on a consolidated basis as of the end of the most recent four (4) fiscal quarters; provided, however,
that if at any time there are Subsidiaries which are not classified as “Material Subsidiaries” but which collectively (i) generate more than 10% of Consolidated EBITDA on a pro forma basis or (ii) have total assets
(including Equity Interests in other Subsidiaries and excluding investments that are eliminated in consolidation) of equal to or greater than 10% of the total assets of the Borrower and its Subsidiaries on a consolidated basis, then the Borrower
shall promptly designate one or more of such Subsidiaries as Material Subsidiaries and cause any such Subsidiaries to comply with the provisions of Section 5.12 such that, after such Subsidiaries become Subsidiary Guarantors hereunder, the
Subsidiaries that are not Subsidiary Guarantors shall (A) generate less than 10% of Consolidated EBITDA and (B) have total assets of less than 10% of the total assets of the Borrower and its Subsidiaries on a consolidated basis. 

“Maximum Rate” shall have the meaning assigned to such term in Section 9.09. 

“Medicaid” shall mean that government-sponsored entitlement program under Title XIX, P.L. 89-97 of the Social Security
Act, which provides federal grants to states for medical assistance based on specific eligibility criteria, as set forth on Sections 1396, et seq. of Title 42 of the United States Code. 

“Medicare” shall mean that government-sponsored insurance program under Title XVIII, P.L. 89-97 of the Social Security
Act, which provides for a health insurance system for eligible elderly and disabled individuals, as set forth on Sections 1395, et seq. of Title 42 of the United States Code. 

“MHPAEA” shall have the meaning assigned to such term in Section 5.16(f). 

“Minimum Collateral Amount” shall mean, at any time, with respect to Cash Collateral consisting of cash or deposit
account balances, an amount equal to 103% of the Fronting Exposure of the Issuing Bank with respect to Letters of Credit issued and outstanding at such time. 

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

“Mortgaged Properties” shall mean, initially, the owned real properties of the Loan Parties specified on
Schedule 1.01(b), and shall include each other parcel of real property and improvements thereto with respect to which a Mortgage is granted pursuant to Section 5.12 or Section 5.17. 

  
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 “Mortgages” shall mean the mortgages, deeds of trust, assignments of
leases and rents, modifications and other security documents delivered pursuant to clause (i) of Section 4.02(g), Section 5.12 or Section 5.17, each substantially in the form of Exhibit E (with such changes as are reasonably
consented to by the Collateral Agent to account for local law matters) or in such other form as is reasonably satisfactory to the Collateral Agent and the Borrower. 

“Multiemployer Plan” shall mean a multiemployer plan as defined in Section 4001(a)(3) of ERISA to which the
Borrower or any of its ERISA Affiliates is contributing or has an obligation to contribute. 
 “Net Cash Proceeds”
shall mean (a) with respect to any Asset Sale or any Recovery Event, the cash proceeds (including cash proceeds subsequently received (as and when received) in respect of noncash consideration initially received), net of (i) selling
expenses (including reasonable broker’s fees or commissions, reasonable legal fees, transfer and similar taxes, reasonable real estate due diligence fees or expenses, and the Borrower’s good faith estimate of income taxes paid or payable
in connection with such sale), (ii) amounts provided as a reserve, in accordance with GAAP, against any retained liabilities associated with such Asset Sale, including under any indemnification obligations or in respect of any purchase price
adjustments (provided that, to the extent and at the time any such amounts are released from such reserve, such amounts shall constitute Net Cash Proceeds) and (iii) the principal amount, premium or penalty, if any, interest and other
amounts on any Indebtedness for borrowed money which is secured by the asset sold in such Asset Sale and which is required to be repaid with such proceeds (other than any such Indebtedness assumed by the purchaser of such asset other than repayments
of revolving debt, except to the extent that the commitments with respect thereto are correspondingly decreased); provided, however, that, if (x) the Borrower shall deliver a certificate of a Financial Officer to the
Administrative Agent at the time of receipt thereof setting forth the Borrower’s intent to reinvest such proceeds in productive assets of a kind then used or usable in the business of the Borrower and its Subsidiaries within 365 days of receipt
of such proceeds and (y) no Default or Event of Default shall have occurred and shall be continuing at the time of delivery of such certificate or at the proposed time of the application of such proceeds, such proceeds shall not constitute Net
Cash Proceeds except to the extent not so used at the end of such 365-day period, at which time such proceeds shall be deemed to be Net Cash Proceeds; and (b) with respect to any issuance or incurrence of Indebtedness or any Equity Issuance,
the cash proceeds thereof, net of all taxes and customary fees, underwriting discounts, commissions, costs and other expenses incurred in connection therewith. 

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

“Nongovernmental Payors” shall mean third-party payors (other than government reimbursement programs) that reimburse
providers for healthcare goods and services rendered in the Healthcare Service Business, such as private insurers and managed care organizations. 

  
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 “Obligations” shall mean all obligations defined as
“Obligations” in the Guarantee and Collateral Agreement and the other Security Documents. 

“Other Taxes” shall mean any and all present or future stamp or documentary taxes or any other excise or
property taxes, charges or similar levies arising from any payment made under any Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, any Loan Document, except any Taxes imposed with respect to an
assignment (other than an assignment made pursuant to Section 2.21(a)). 
 “Other Term
Loans” shall have the meaning assigned to such term in Section 2.23(a). 

“Participant Register” shall have the meaning assigned to such term in Section 9.04(f).

 “PBGC” shall mean the Pension Benefit Guaranty Corporation referred to and defined in ERISA
or any successor statute. 
 “Perfection Certificate” shall mean the Perfection
Certificate delivered pursuant to Section 4.02(f). 
 “Permitted Acquisition” shall have
the meaning assigned to such term in Section 6.04(f). 
 “Permitted Investments”
shall mean: 
 (a) direct obligations of, or obligations the principal of and interest on which are unconditionally guaranteed
by, the United States of America (or by any agency thereof to the extent such obligations are backed by the full faith and credit of the United States of America), in each case maturing within one year from the date of issuance thereof; 

(b) investments in commercial paper maturing within 270 days from the date of issuance thereof and having, at such date of acquisition, the
highest credit rating obtainable from S&P or from Moody’s, or in the case of the United States Government, a rating of AA or higher; 

(c) investments in certificates of deposit, banker’s acceptances and time deposits maturing within one year from the date of acquisition
thereof issued or guaranteed by or placed with, and money market deposit accounts issued or offered by, the Administrative Agent or any domestic office of any commercial bank organized under the laws of the United States of America or any State
thereof that has a combined capital and surplus and undivided profits of not less than $1,000,000,000 and that issues (or the parent of which issues) commercial paper rated at least “Prime-1” (or the
then equivalent grade) by Moody’s or “A-1” (or the then equivalent grade) by S&P; 

(d) fully collateralized repurchase agreements with a term of not more than 30 days for securities described in clause (a) above and
entered into with a financial institution satisfying the criteria of clause (c) above; and 
 (e) investments in “money market
funds” within the meaning of Rule 2a-7 of the Investment Company Act of 1940, as amended, substantially all of whose assets are invested in investments of the type described in clauses (a) through (d) above. 

  
 27 

 “Permitted Liens” shall have the meaning assigned to such
term in Section 6.02.  
 “Person” shall mean any natural person, corporation,
business trust, joint venture, association, company, limited liability company, partnership, Governmental Authority or other entity. 

“Plan” shall mean any employee pension benefit plan (other than a Multiemployer Plan) subject to the
provisions of Title IV of ERISA or Section 412 or Section 430 of the Code or Section 302 or Section 303 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under
Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA. 

“Platform” shall have the meaning assigned to such term in Section 9.01. 

“Prime Rate” shall mean the rate of interest per annum determined from time to time by Credit Suisse as
its prime rate in effect at its principal office in New York City and notified to the Borrower. The prime rate is a rate set by Credit Suisse based upon various factors including Credit Suisse’s costs and desired return, general economic
conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such rate. 

“Pro Rata Percentage” of any Revolving Credit Lender at any time shall mean the percentage of the Total
Revolving Credit Commitment represented by such Lender’s Revolving Credit Commitment. In the event the Revolving Credit Commitments shall have expired or been terminated, the Pro Rata Percentages shall be determined on the basis of the
Revolving Credit Commitments most recently in effect, giving effect to any subsequent assignments. 

“Public Lender” shall have the meaning assigned to such term in Section 9.01. 

“Recovery Event” shall mean any settlement of or payment in respect of any property or casualty
insurance claim or any taking under power of eminent domain or by condemnation or similar proceeding of or relating to any property or asset of the Borrower or any Subsidiary. 

“Register” shall have the meaning assigned to such term in Section 9.04(d). 

“Regulation T” shall mean Regulation T of the Board as from time to time in effect and all official
rulings and interpretations thereunder or thereof. 
 “Regulation U” shall mean
Regulation U of the Board as from time to time in effect and all official rulings and interpretations thereunder or thereof. 

“Regulation X” shall mean Regulation X of the Board as from time to time in effect and all
official rulings and interpretations thereunder or thereof. 
 “Related Fund” shall
mean, with respect to any Lender that is a fund or commingled investment vehicle that invests in bank loans, any other fund that invests in bank loans and is managed or advised by the same investment advisor as such Lender or by an Affiliate of such
investment advisor. 

  
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 “Related Parties” shall mean, with respect to any specified
Person, such Person’s Affiliates and the respective directors, trustees, officers, employees, agents and advisors of such Person and such Person’s Affiliates. 

“Release” shall mean any release, spill, emission, pumping, leaking, dumping, emptying, escaping,
injection, pouring, deposit, disposal, discharge, dispersal, leaching or migration into or through the environment (including the abandonment or discarding of barrels, containers, and other closed receptacles containing any Hazardous Materials or
pollutant or contaminant).  
 “Removal Effective Date” shall have the meaning assigned
to such term in Article VIII. 
 “Repayment Date” shall have the meaning given such term
in Section 2.11(a)(i). 
 “Required Lenders” shall mean, at any time, Lenders
having Loans, L/C Exposure and unused Revolving Credit Commitments and Term Loan Commitments representing more than 50% of the sum of all Loans outstanding, L/C Exposure and unused Revolving Credit Commitments and Term Loan Commitments at such time;
provided that the Loans, L/C Exposure and unused Revolving Credit Commitments and Term Loan Commitments of any Defaulting Lender shall be disregarded in the determination of the Required Lenders at any time.

 “Requirement of Law” shall mean, as to any Person, the certificate of incorporation and
by-laws or other organizational or governing documents of such Person, and any law, treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or
any of its assets or property or to which such Person or any of its assets or property is subject. 

“Responsible Officer” of any Person shall mean any executive officer or Financial Officer of such Person
and any other officer or similar official thereof responsible for the administration of the obligations of such Person in respect of this Agreement. 

“Restricted Indebtedness” shall mean Indebtedness of the Borrower or any Subsidiary, the payment,
prepayment, repurchase or defeasance of which is restricted under Section 6.09(b). 

“Restricted Payment” shall mean any dividend or other distribution (whether in cash, securities or other
property) with respect to any Equity Interests in the Borrower or any Subsidiary, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement,
acquisition, cancellation or termination of any Equity Interests in the Borrower or any Subsidiary. 

“Revolving Credit Borrowing” shall mean a Borrowing comprised of Revolving Loans. 

“Revolving Credit Commitment” shall mean, with respect to each Lender, the commitment of such Lender to make Revolving
Loans hereunder (and to acquire participations in Letters of Credit as provided for herein) as set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender assumed its Revolving Credit Commitment, as applicable,
as the same may be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The original aggregate principal
amount of the Revolving Credit Commitments on the Closing Date is $40,000,000. Unless the context shall otherwise require, the term “Revolving Loans” shall include any Incremental Revolving Credit Loans. 

  
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 “Revolving Credit Exposure” shall mean, with respect to any
Lender at any time, the aggregate principal amount at such time of all outstanding Revolving Loans of such Lender, plus the aggregate amount at such time of such Lender’s L/C Exposure. 

“Revolving Credit Lender” shall mean a Lender with a Revolving Credit Commitment or an outstanding
Revolving Loan. 
 “Revolving Credit Maturity Date” shall mean June 30, 2022.

 “Revolving Loans” shall mean the revolving loans made by the Lenders to the Borrower
pursuant to clause (ii) of Section 2.01(a). Unless the context shall otherwise require, the term “Revolving Loans” shall include any Incremental Revolving Credit Loans. 

“Sale and Leaseback Transaction” shall have the meaning assigned to such term in Section 6.03.

 “S&P” shall mean S&P Global Ratings, or any successor thereto. 

“Sanctions” shall have the meaning assigned to such term in Section 3.24. 

“SEC” shall mean the Securities and Exchange Commission.  

“Secured Parties” shall have the meaning assigned to such term in the Guarantee and Collateral
Agreement. 
 “Security Documents” shall mean the Mortgages, the Guarantee and
Collateral Agreement and each of the other security agreements, mortgages and other instruments and documents executed and delivered pursuant to any of the foregoing or pursuant to Section 5.12 or Section 5.17. 

“Senior Secured Debt” shall mean, at any time, Total Debt of the Borrower and the Subsidiaries that is
secured by a Lien on the property or assets of the Borrower or the Subsidiaries. 
 “Senior Secured
Leverage Ratio” shall mean, on any date of determination, the ratio of Senior Secured Debt on such date to Consolidated EBITDA for the period of four consecutive fiscal quarters most recently then ended for which the financial
statements and certificates required by Section 5.04(a) or (b), as the case may be, have been or were required to have been delivered. 

“Solvent” shall mean, with respect to any Person (a) the fair value and present fair saleable value
of the assets of such Person, at a fair valuation, will exceed its total liabilities (including contingent, subordinated, unmatured and unliquidated liabilities), (b) such Person, on a consolidated basis, has the ability to pay its debts and
liabilities, (including contingent, subordinated, unmatured and unliquidated liabilities) as they become absolute and matured or due in the normal or usual course of business and (c) such Person, on a consolidated basis, does not
have an unreasonably small amount of capital with which to conduct its business. 

  
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 “SPV” shall have the meaning assigned to such term in
Section 9.04(i). 
 “Statutory Reserves” shall mean a fraction (expressed as a decimal),
the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established
by the Board and any other banking authority, domestic or foreign, to which the Administrative Agent or any Lender (including any branch, Affiliate or other fronting office making or holding a Loan) is subject for Eurocurrency Liabilities (as
defined in Regulation D of the Board). Eurodollar Loans shall be deemed to constitute Eurocurrency Liabilities (as defined in Regulation D of the Board) and to be subject to such reserve requirements without benefit of or credit for
proration, exemptions or offsets that may be available from time to time to the Administrative Agent or any Lender under such Regulation D. Statutory Reserves shall be adjusted automatically on and as of the effective date of any change in any
reserve percentage. 
 “Subordinated Debt” shall mean all unsecured Indebtedness of the
Borrower and its Subsidiaries that (a) is expressly subordinated to the prior payment in full of the Obligations, (b) no part of the principal or interest of which is required to be paid (whether by way of mandatory sinking fund, mandatory
redemption or mandatory prepayment or otherwise) earlier than six months after the later of the Term Loan Maturity Date and the Incremental Term Loan Maturity Date as in effect at the time of the issuance of such unsecured Indebtedness and
(c) that is evidenced by an indenture or other agreement reasonably satisfactory to the Administrative Agent in respect of subordination and related matters.  

“subsidiary” shall mean, with respect to any Person (herein referred to as the
“parent”), any corporation, partnership, limited liability company, association or other business entity (a) of which securities or other ownership interests representing more than 50% of the aggregate equity or more
than 50% of the aggregate Voting Equity Interests or more than 50% of the aggregate general partnership interests are, at the time any determination is being made, owned, Controlled or held, or (b) that is, at the time any determination is
made, otherwise Controlled, by the parent or one or more subsidiaries of the parent or by the parent and one or more subsidiaries of the parent. 

“Subsidiary” shall mean any direct or indirect subsidiary of the Borrower (including any Controlled
Physician Affiliate). 
 “Subsidiary Guarantor” shall mean each Subsidiary listed on
Schedule 1.01(a) and each other Subsidiary that is or becomes a party to the Guarantee and Collateral Agreement. 

“Synthetic Lease” shall mean, as to any Person, any lease (including leases that may be terminated by
the lessee at any time) of any property (whether real, personal or mixed) (a) that is accounted for as an operating lease under GAAP and (b) in respect of which the lessee retains or obtains ownership of the property so leased for U.S.
federal income tax purposes, other than any such lease under which such Person is the lessor. 

  
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 “Synthetic Lease Obligations” shall mean, as to any Person,
an amount equal to the capitalized amount of the remaining lease payments under any Synthetic Lease that would appear on a balance sheet of such person in accordance with GAAP if such obligations were accounted for as Capital Lease
Obligations. 
 “Synthetic Purchase Agreement” shall mean any swap, derivative or other
agreement or combination of agreements pursuant to which the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a Person other than the Borrower or any Subsidiary
of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at
any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or other equity-based plan or arrangement providing for payments only to current or former directors, officers or employees
of the Borrower or the Subsidiaries (or to their heirs, transferees or estates) shall be deemed to be a Synthetic Purchase Agreement. 

“Taxes” shall mean any and all present or future taxes, levies, imposts, duties, deductions, charges,
assessments or withholdings of any nature (including interest, penalties, and additions thereto) that are imposed by any Governmental Authority. 

“Term Borrowing” shall mean a Borrowing comprised of Term Loans. 

“Term Lender” shall mean a Lender with a Term Loan Commitment or an outstanding Term Loan.

 “Term Loan Commitment” shall mean, with respect to each Lender, the commitment of such
Lender to make Term Loans hereunder as set forth on Schedule 2.01, in the Incremental Loan Assumption Agreement or in the Assignment and Acceptance pursuant to which such Lender assumed its Term Loan Commitment, as applicable, as the same may
be (a) reduced from time to time pursuant to Section 2.09 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The original aggregate principal amount of the Term
Loan Commitment on the Closing Date is $210,000,000. 
 “Term Loan Maturity Date” shall
mean June 30, 2023. 
 “Term Loan Repayment Dates” shall mean the Repayment Dates
and the Incremental Term Loan Repayment Dates. 
 “Term Loans” shall mean the term loans
made by the Lenders to the Borrower pursuant to clause (i) of Section 2.01(a). Unless the context shall otherwise require, the term “Term Loans” shall include any Incremental Term Loans. 

“Total Debt” shall mean, at any time, the total Indebtedness of the Borrower and the Subsidiaries at
such time (excluding Indebtedness of the type described in clauses (j) and (l) of the definition of such term, except, in the case of clause (l), to the extent of any unreimbursed drawings thereunder). 

  
 32 

 “Total Leverage Ratio” shall mean, on any date of
determination, the ratio of Total Debt on such date to Consolidated EBITDA for the period of four consecutive fiscal quarters most recently then ended for which the financial statements and certificates required by Section 5.04(a) or (b), as
the case may be, have been or were required to have been delivered. 
 “Total Revolving Credit
Commitment” shall mean, at any time, the aggregate amount of the Revolving Credit Commitments, as in effect at such time. The initial Total Revolving Credit Commitment is $40,000,000. 

“Transaction Costs” shall mean fees and expenses payable in connection with clauses (a) through
(c) of the definition of the term “Transactions”. 
 “Transactions” shall
mean, collectively, (a) the execution, delivery and performance by the Loan Parties of the Loan Documents to which they are a party and the making of the Borrowings hereunder, (b) the repayment of all amounts due or outstanding under or in
respect of, and the termination of, the Existing Indebtedness and (c) the payment of the Transaction Costs. 

“Treasury Rate” shall mean, as of the date of any repayment or repricing of the Term Loans of the type
described in Section 2.12(f), the yield to maturity as of such date of the United States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H.15 (519) that has
become publicly available at least two Business Days prior to such date (or, if such Statistical Release is no longer published, any publicly available source of similar market data)) most nearly equal to the period from such date to the first
anniversary of the Closing Date; provided, however, that if the period from such date to the first anniversary of the Closing Date is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a
constant maturity of one year will be used. 
 “Type,” when used in
respect of any Loan or Borrowing, shall refer to the Rate by reference to which interest on such Loan or on the Loans comprising such Borrowing is determined. For purposes hereof, the term “Rate” shall mean the Adjusted LIBO
Rate and the Alternate Base Rate. 
 “Uniform Customs” shall have the meaning assigned to such term in
Section 9.07. 
 “USA PATRIOT Act” shall mean The Uniting and Strengthening America by Providing
Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Title III of Pub. L. No. 107-56 (signed into law October 26, 2001)), as amended from time to time. 

“Voting Equity Interests” of any Person shall mean any class or classes of Equity Interests pursuant to
which the holders thereof have the general voting power under ordinary circumstances to elect at least a majority of the board of directors of such Person. 

“Weighted Average Life to Maturity” shall mean, 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. 

  
 33 

 “Wholly-Owned Subsidiary” of any Person shall mean a
subsidiary of such Person of which securities (except for directors’ qualifying shares) or other ownership interests representing 100% of the Equity Interests are, at the time any determination is being made, owned, Controlled or held by such
Person or one or more wholly-owned subsidiaries of such Person or by such Person and one or more wholly-owned Subsidiaries of such Person. 

“Withdrawal Liability” shall mean liability to a Multiemployer Plan as a result of a complete or partial
withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. 

“Write-Down and Conversion Powers” shall mean, 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. 
 “Yield Differential” shall have the meaning assigned to such term in
Section 2.23(b). 
 SECTION 1.02 Terms Generally. 

The definitions in Section 1.01 shall apply equally to both the singular and plural forms of the terms defined. Whenever the context may
require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The
word “will” shall be construed to have the same meaning and effect as the word “shall”; and the words “asset” and “property” shall be construed as having 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. All references herein to Articles, Sections, Exhibits and Schedules shall be deemed references to Articles and Sections of, and Exhibits and
Schedules to, this Agreement unless the context shall otherwise require. Except as otherwise expressly provided herein, (a) any reference in this Agreement to any Loan Document shall mean such document as amended, restated, supplemented or
otherwise modified from time to time, in each case, in accordance with the express terms of this Agreement, and (b) all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in effect on the date hereof and
consistent with financial statements delivered pursuant to Section 3.05(a). If at any time any change in GAAP would affect the computation of any financial ratio or any other covenant or requirements 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, covenant 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, covenant or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the
Borrower shall provide 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
requirements made before and after giving effect to such change in GAAP. 

  
 34 

 SECTION 1.03 Pro Forma Calculations. 

All pro forma calculations permitted or required to be made by the Borrower or any Subsidiary pursuant to this Agreement shall
include only those adjustments that (a) are permitted or required by Regulation S-X under the Securities Act of 1933, as amended, (b) (i) have been certified by a Financial Officer of the Borrower as having been prepared in good faith
based upon assumptions that were believed to be reasonable at the time such assumptions were made and (ii) are based on reasonably detailed written assumptions reasonably acceptable to the Administrative Agent, or (c) are required by the
definition of “Consolidated EBITDA.” 
 SECTION 1.04 Classification of Loans and Borrowings. 

For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a “Revolving Loan”) or by Type
(e.g., a “Eurodollar Loan”) or by Class and Type (e.g., a “Eurodollar Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a “Revolving Credit Borrowing”) or by Type
(e.g., a “Eurodollar Borrowing”) or by Class and Type (e.g., a “Eurodollar Revolving Credit Borrowing”). 

SECTION 1.05 Designation as Senior Debt. 

The Loans and other Obligations are hereby designated as “Senior Debt” and “Designated Senior Debt,” as applicable, for all
purposes under the indenture or other agreement governing any Subordinated Debt. 
 ARTICLE II 

The Credits 

SECTION 2.01 Commitments. 

(a) Subject to the terms and conditions and relying upon the representations and warranties herein set forth, each Lender agrees, severally and
not jointly, (i) to make a Term Loan to the Borrower on the Closing Date in an aggregate principal amount not to exceed its Term Loan Commitment, and (ii) to make Revolving Loans to the Borrower (x) on the Closing Date, in an
aggregate principal amount not to exceed $14,500,000 and (y) after the Closing Date, at any time and from time to time until the earlier of the Revolving Credit Maturity Date and the termination of the Revolving Credit Commitment of such
Lender in accordance with the terms hereof, in an aggregate principal amount at any time outstanding that will not result in such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment. Within the
limits set forth in clause (ii) of the preceding sentence and subject to the terms, conditions and limitations set forth herein, the Borrower may borrow, pay or prepay and reborrow Revolving Loans. Amounts paid or prepaid in respect of Term
Loans may not be reborrowed. 

  
 35 

 (b) Each Lender having an Incremental Term Loan Commitment, severally and not jointly, hereby
agrees, subject to the terms and conditions and relying upon the representations and warranties set forth herein and in the applicable Incremental Loan Assumption Agreement, to make Incremental Term Loans to the Borrower, in an aggregate principal
amount not to exceed its Incremental Term Loan Commitment. Amounts paid or prepaid in respect of Incremental Term Loans may not be reborrowed. 

SECTION 2.02 Loans. 

(a) Each Loan shall be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with their applicable
Commitments; provided, however, that the failure of any Lender to make any Loan shall not in itself relieve any other Lender of its obligation to lend hereunder (it being understood, however, that no Lender shall be responsible for the
failure of any other Lender to make any Loan required to be made by such other Lender). Except for Loans deemed made pursuant to Section 2.02(f), the Loans comprising any Borrowing shall be in an aggregate principal amount that is (i) an
integral multiple of $500,000 and not less than $1,000,000 (except, with respect to any Incremental Term Borrowing, to the extent otherwise provided in the related Incremental Loan Assumption Agreement) or (ii) equal to the remaining available
balance of the applicable Commitments. 
 (b) Subject to Sections 2.02(f), 2.08 and 2.15, each Borrowing shall be
comprised entirely of ABR Loans or Eurodollar Loans as the Borrower may request pursuant to Section 2.03. Each Lender may at its option make any Eurodollar Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such
Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement. Borrowings of more than one Type may be outstanding at the same time;
provided, however, that the Borrower shall not be entitled to request any Borrowing that, if made, would result in more than ten Eurodollar Borrowings outstanding hereunder at any time. For purposes of the foregoing, Borrowings having
different Interest Periods, regardless of whether they commence on the same date, shall be considered separate Borrowings. 
 (c)
Except with respect to Loans made pursuant to Section 2.02(f), each Lender shall make each Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds to such account in New York City as the
Administrative Agent may designate not later than 2:00 p.m., New York City time, and the Administrative Agent shall promptly credit the amounts so received to an account designated by the Borrower in the applicable Borrowing Request or, if a
Borrowing shall not occur on such date because any condition precedent herein specified shall not have been met, return the amounts so received to the respective Lenders. 

(d) Unless the Administrative Agent shall have received notice from a Lender prior to the date of any Borrowing that such Lender will not make
available to the Administrative Agent such Lender’s portion of such Borrowing, the Administrative Agent may assume that such Lender has made such portion available to the Administrative Agent on the date of such Borrowing in accordance with
paragraph (c) above and the Administrative Agent may, in reliance upon such assumption, make available to the Borrower on such date a corresponding amount. If the Administrative Agent shall have so made funds available then, to the extent that

  
 36 

 
such Lender shall not have made such portion available to the Administrative Agent, such Lender and the Borrower severally agree to repay to the Administrative Agent forthwith on demand such
corresponding amount together with interest thereon, for each day from the date such amount is made available to the Borrower to but excluding the date such amount is repaid to the Administrative Agent at (i) in the case of the Borrower, a rate
per annum equal to the interest rate applicable at the time to the Loans comprising such Borrowing and (ii) in the case of such Lender, a rate determined by the Administrative Agent to represent its cost of overnight or short-term funds (which determination shall be conclusive absent manifest error). If such Lender shall repay to the Administrative Agent such corresponding amount, such amount shall constitute such Lender’s
Loan as part of such Borrowing for purposes of this Agreement. 
 (e) Notwithstanding any other provision of this Agreement, the Borrower
shall not be entitled to request any Revolving Credit Borrowing if the Interest Period requested with respect thereto would end after the Revolving Credit Maturity Date. 

(f) If the Issuing Bank shall not have received from the Borrower the payment required to be made by Section 2.22(e) within the time
specified in such Section, the Issuing Bank will promptly notify the Administrative Agent of the L/C Disbursement and the Administrative Agent will promptly notify each Revolving Credit Lender of such L/C Disbursement and its Pro Rata Percentage
thereof. Each Revolving Credit Lender shall pay by wire transfer of immediately available funds to the Administrative Agent not later than 2:00 p.m., New York City time, on such date (or, if such Revolving Credit Lender shall have received such
notice later than 12:00 (noon), New York City time, on any day, not later than 10:00 a.m., New York City time, on the immediately following Business Day), an amount equal to such Lender’s Pro Rata Percentage of such L/C Disbursement (it being
understood that (i) if the conditions precedent to borrowing set forth in Sections 4.01(b) and 4.01(c) have been satisfied, such amount shall be deemed to constitute an ABR Revolving Loan of such Lender and, to the extent of such payment,
the obligations of the Borrower in respect of such L/C Disbursement shall be discharged and replaced with the resulting ABR Revolving Credit Borrowing, and (ii) if such conditions precedent to borrowing have not been satisfied, then any such
amount paid by any Revolving Credit Lender shall not constitute a Loan and shall not relieve the Borrower from its obligation to reimburse such L/C Disbursement), and the Administrative Agent will promptly pay to the Issuing Bank amounts so received
by it from the Revolving Credit Lenders. The Administrative Agent will promptly pay to the Issuing Bank any amounts received by it from the Borrower pursuant to Section 2.22(e) prior to the time that any Revolving Credit Lender makes any
payment pursuant to this paragraph (f); any such amounts received by the Administrative Agent thereafter will be promptly remitted by the Administrative Agent to the Revolving Credit Lenders that shall have made such payments and to the Issuing
Bank, as their interests may appear. If any Revolving Credit Lender shall not have made its Pro Rata Percentage of such L/C Disbursement available to the Administrative Agent as provided above, such Lender and the Borrower severally agree to pay
interest on such amount, for each day from and including the date such amount is required to be paid in accordance with this paragraph to but excluding the date such amount is paid, to the Administrative Agent for the account of the Issuing Bank at
(i) in the case of the Borrower, a rate per annum equal to the interest rate applicable to Revolving Loans pursuant to Section 2.06(a), and (ii) in the case of such Lender, for the first such day, the Federal Funds Effective Rate, and
for each day thereafter, the Alternate Base Rate. 

  
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 SECTION 2.03 Borrowing Procedure. 

In order to request a Borrowing (other than a deemed Borrowing pursuant to Section 2.02(f) as to which this Section 2.03 shall
not apply), the Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Eurodollar Borrowing, not later than 1:00 p.m., New York City time, three Business Days before a proposed Borrowing (or,
solely in the case of a Eurodollar Borrowing on the Closing Date, one Business Day before such proposed Borrowing), and (b) in the case of an ABR Borrowing, not later than 1:00 p.m., New York City time, on the day of a proposed Borrowing.
Each such telephonic Borrowing Request shall be irrevocable, and shall be confirmed promptly by hand delivery, fax or other electronic transmission to the Administrative Agent of a written Borrowing Request and shall specify the following
information: (i) whether the Borrowing then being requested is to be a Term Borrowing, an Incremental Term Borrowing, a Revolving Credit Borrowing or an Incremental Revolving Credit Borrowing, and whether such Borrowing is to be a Eurodollar
Borrowing or an ABR Borrowing; (ii) the date of such Borrowing (which shall be a Business Day); (iii) the number and location of the account to which funds are to be disbursed; (iv) the amount of such Borrowing; and (v) if such
Borrowing is to be a Eurodollar Borrowing, the Interest Period with respect thereto; provided, however, that, notwithstanding any contrary specification in any Borrowing Request, each requested Borrowing shall comply with the
requirements set forth in Section 2.02. If no election as to the Type of Borrowing is specified in any such notice, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period with respect to any Eurodollar Borrowing is
specified in any such notice, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration. The Administrative Agent shall promptly advise the applicable Lenders of any notice given pursuant to this
Section 2.03 (and the contents thereof), and of each Lender’s portion of the requested Borrowing. 
 SECTION 2.04
Evidence of Debt; Repayment of Loans. 
 (a) The Borrower hereby unconditionally promises to pay to the Administrative
Agent for the account of each Lender (i) the principal amount of each Term Loan of such Lender as provided in Section 2.11 and (ii) the then unpaid principal amount of each Revolving Loan of such Lender on the Revolving Credit
Maturity Date. 
 (b) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of
the Borrower to such Lender resulting from each Loan made by such Lender from time to time, including the amounts of principal and interest payable and paid to such Lender from time to time under this Agreement. 

(c) The Administrative Agent shall maintain accounts in which it will record (i) the amount of each Loan made hereunder, the Class and
Type thereof and, if applicable, the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) the amount of any sum
received by the Administrative Agent hereunder from the Borrower or any Subsidiary Guarantor and each Lender’s share thereof. 

  
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 (d) The entries made in the accounts maintained pursuant to paragraphs (b) and (c)
above shall be prima facie evidence of the existence and amounts of the obligations therein recorded; provided, however, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein
shall not in any manner affect the obligations of the Borrower to repay the Loans in accordance with their terms. In the event of any conflict between the accounts of each Lender maintained pursuant to paragraph (b) and the accounts of the
Administrative Agent maintained pursuant to paragraph (c), the accounts maintained by the Administrative Agent shall control absent manifest error. 

(e) Any Lender may request that Loans made by it hereunder be evidenced by a promissory note. In such event, the Borrower shall execute and
deliver to such Lender a promissory note payable to such Lender and its registered assigns and in a form and substance reasonably acceptable to the Administrative Agent and the Borrower. Notwithstanding any other provision of this Agreement, in the
event any Lender shall request and receive such a promissory note, the interests represented by such note shall at all times (including after any assignment of all or part of such interests pursuant to Section 9.04) be represented by one or
more promissory notes payable to the payee named therein or its registered assigns. 
 SECTION 2.05 Fees. 

(a) The Borrower agrees to pay to each Lender, through the Administrative Agent, on the last Business Day of March, June, September and
December in each year (commencing on September 30, 2017) and on each date on which any Commitment of such Lender shall expire or be terminated as provided herein, a commitment fee (a “Commitment Fee”) equal to
0.50% per annum on the daily unused amount of the Revolving Credit Commitment of such Lender during the preceding quarter (or other period commencing with the date hereof or ending with the Revolving Credit Maturity Date or the date on which
the Revolving Credit Commitments of such Lender shall expire or be terminated). All Commitment Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. 

(b) The Borrower agrees to pay to the Administrative Agent, for its own account, the administrative fees set forth in the Engagement Letter at
the times and in the amounts specified therein (the “Administrative Agent Fees”). 
 (c) The Borrower agrees to pay
(i) to each Revolving Credit Lender, through the Administrative Agent, on the last Business Day of March, June, September and December of each year and on the date on which the Revolving Credit Commitment of such Lender shall be terminated as
provided herein, a fee (an “L/C Participation Fee”) calculated on such Lender’s Pro Rata Percentage of the daily aggregate L/C Exposure (excluding the portion thereof attributable to unreimbursed L/C Disbursements)
during the preceding quarter (or shorter period commencing with the date hereof or ending with the Revolving Credit Maturity Date or the date on which all Letters of Credit have been canceled or have expired and the Revolving Credit Commitments of
all Lenders shall have been terminated) at a rate per annum equal to the Applicable Margin from time to time used to determine the interest rate on Revolving Credit Borrowings comprised of Eurodollar Loans pursuant to Section 2.06, and
(ii) to the Issuing Bank with respect to each Letter of Credit, a fronting fee equal to 0.125% of the aggregate face amount of outstanding Letters of Credit (due and payable quarterly in arrears on the last Business Day of each March, June,
September and December, commencing with the first such date to occur after the issuance of any Letter of Credit and on the Revolving Credit Maturity Date) and customary issuance and drawing fees specified from time to time by the Issuing Bank (the
“Issuing Bank Fees”). All L/C Participation Fees and Issuing Bank Fees shall be computed on the basis of the actual number of days elapsed in a year of 360 days. 

  
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 (d) The Borrower agrees to pay to each Lender that is party to this Agreement on the Closing
Date, for its own account, as fee compensation for the funding of such Lender’s Term Loans and for its Revolving Credit Commitment, a closing fee (a “Closing Fee”) in an amount equal to (i) 2.50% of the stated
principal amount of such Lender’s Term Loans and (ii) 0.25% of the amount of its Revolving Credit Commitment (which shall include the face amount of any issued and undrawn Letters of Credit). Such Closing Fee will be structured as original
issue discount, with respect only to clause (ii) of the preceding sentence, and will, in each case, be in all respects fully earned on the Closing Date and due and payable at the time specified in the Engagement Letter and non-refundable and
non-creditable thereafter. 
 (e) All Fees shall be paid on the dates due, in immediately available funds, to the Administrative Agent for
distribution, if and as appropriate, among the Lenders, except that the Issuing Bank Fees shall be paid directly to the Issuing Bank. Once paid, none of the Fees shall be refundable under any circumstances (except as expressly set forth in the
Engagement Letter) absent manifest error in the calculation of such Fees. 
 SECTION 2.06 Interest on
Loans. 
 (a) Subject to the provisions of Section 2.07, the Loans comprising each ABR Borrowing shall bear interest
(computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as the case may be) at a rate per annum equal to the Alternate Base Rate plus the Applicable Margin. 

(b) Subject to the provisions of Section 2.07, the Loans comprising each Eurodollar Borrowing shall bear interest (computed on the basis
of the actual number of days elapsed over a year of 360 days) at a rate per annum equal to the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing plus the Applicable Margin. 

(c) Interest on each Loan shall be payable on the Interest Payment Dates applicable to such Loan except as otherwise provided in this
Agreement. The applicable Alternate Base Rate or Adjusted LIBO Rate for each Interest Period or day within an Interest Period, as the case may be, shall be determined by the Administrative Agent, and such determination shall be conclusive absent
manifest error. 
 SECTION 2.07 Default Interest. 

If (i) the Borrower shall default in the payment of any principal of or interest on any Loan or any other amount due hereunder or under
any other Loan Document, by acceleration or otherwise, (ii) if any Event of Default under Section 7.01(b), 7.01(c), 7.01(g) or 7.01(h) has occurred and is continuing, or (iii) if any Event of Default under Section 7.01(a),
7.01(d), 7.01(e), 7.01(f), 7.01(i), 7.01(j), 7.01(k), 7.01(l), 7.01(m), 7.01(n), 7.01(o) or 7.01(p) has occurred and is continuing and the Required Lenders so vote, then, in the case of clause (i) above, until such defaulted amount shall have
been paid in full or, in the case of clause (ii) above, from the date such Event of Default and for so long as such Event of Default is 

  
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continuing or, in the case of clause (iii) above, from the date such vote has been exercised by the Required Lenders and for so long as such Event of Default is continuing, to the extent
permitted by law, all amounts outstanding under this Agreement and the other Loan Documents shall bear interest (after as well as before judgment), payable on demand, (a) in the case of principal, at the rate otherwise applicable to such Loan
pursuant to Section 2.06 plus 2.00% per annum and (b) in all other cases, at a rate per annum (computed on the basis of the actual number of days elapsed over a year of 365 or 366 days, as the case may be, when determined by reference
to the Prime Rate and over a year of 360 days at all other times) equal to the rate that would be applicable to an ABR Loan plus 2.00% per annum. 

SECTION 2.08 Alternate Rate of Interest. 

In the event, and on each occasion, that on the day two Business Days prior to the commencement of any Interest Period for a Eurodollar
Borrowing the Administrative Agent shall have determined that Dollar deposits in the principal amounts of the Loans comprising such Borrowing are not generally available in the London interbank market, or that the rates at which such Dollar deposits
are being quoted will not adequately and fairly reflect the cost to the majority of Lenders of making or maintaining Eurodollar Loans during such Interest Period, or that reasonable means do not exist for ascertaining the Adjusted LIBO Rate, the
Administrative Agent shall, as soon as practicable thereafter, give written or fax notice of such determination to the Borrower and the Lenders. In the event of any such determination, until the Administrative Agent shall have advised the Borrower
and the Lenders that the circumstances giving rise to such notice no longer exist, any request by the Borrower for a Eurodollar Borrowing pursuant to Section 2.03 or 2.10 shall be deemed to be a request for an ABR Borrowing. Each
determination by the Administrative Agent under this Section 2.08 shall be conclusive absent manifest error. 
 SECTION 2.09
Termination and Reduction of Commitments. 
 (a) The Term Loan Commitments (other than any Incremental Term Loan Commitments,
which shall terminate as provided in the related Incremental Loan Assumption Agreement) shall automatically terminate upon the making of the Term Loans on the Closing Date. The Revolving Credit Commitments shall automatically terminate on the
Revolving Credit Maturity Date. The L/C Commitment shall automatically terminate on the earlier to occur of (i) the termination of the Revolving Credit Commitments and (ii) the date five Business Days prior to the Revolving Credit Maturity
Date. 
 (b) Upon at least three Business Days’ prior irrevocable (subject to the following provisos below) written, fax or email
notice to the Administrative Agent, the Borrower may at any time in whole permanently terminate, or from time to time in part permanently reduce, the Term Loan Commitments or the Revolving Credit Commitments; provided that if such notice is
for the termination of all of the then outstanding Term Loan Commitments or the Revolving Credit Commitments, then the Borrower may revoke such notice and/or extend the termination date by not more than five Business Days’ written notice;
provided, further, that a notice of voluntary termination or reduction hereunder may state that such notice is conditional upon the consummation of a certain transaction, the effectiveness of other credit facilities or the receipt of
the proceeds from the issuance of other Indebtedness, in which case such notice of termination or reduction, as the case may be, may be revoked by the Borrower (by written notice to the  

  
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Administrative Agent on or prior to 1:00 p.m., New York City time, on the specified date of termination or reduction) if such condition is not satisfied; provided, however, that
(i) each partial reduction of the Term Loan Commitments or the Revolving Credit Commitments shall be in an integral multiple of $1,000,000 and in a minimum amount of $5,000,000 (but only to the extent that Term Loan Commitments and Revolving
Credit Commitments greater than such amounts are outstanding) and (ii) the Total Revolving Credit Commitment shall not be reduced to an amount that is less than the Aggregate Revolving Credit Exposure at the time. 

(c) Each reduction in the Term Loan Commitments or the Revolving Credit Commitments hereunder shall be made ratably among the applicable
Lenders in accordance with their respective applicable Commitments. The Borrower shall pay to the Administrative Agent for the account of the applicable Lenders, on the date of each termination or reduction, the Commitment Fees on the amount of the
Commitments so terminated or reduced accrued to but excluding the date of such termination or reduction. 
 SECTION 2.10
Conversion and Continuation of Borrowings. 
 The Borrower shall have the right at any time upon prior irrevocable notice to
the Administrative Agent (a) not later than 1:00 p.m., New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing into an ABR Borrowing, (b) not later than 1:00 p.m., New York City time, three Business
Days prior to conversion or continuation, to convert any ABR Borrowing into a Eurodollar Borrowing or to continue any Eurodollar Borrowing as a Eurodollar Borrowing for an additional Interest Period, and (c) not later than 1:00 p.m., New York
City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing to another permissible Interest Period, subject in each case to the following: 

(i) each conversion or continuation shall be made pro rata among the Lenders in accordance with the respective principal
amounts of the Loans comprising the converted or continued Borrowing; 
 (ii) if less than all the outstanding principal
amount of any Borrowing shall be converted or continued, then each resulting Borrowing shall satisfy the limitations specified in Sections 2.02(a) and 2.02(b) regarding the principal amount and maximum number of Borrowings of the relevant Type;

 (iii) each conversion shall be effected by each Lender and the Administrative Agent by recording for the account of such
Lender the new Loan of such Lender resulting from such conversion and reducing the Loan (or portion thereof) of such Lender being converted by an equivalent principal amount; accrued interest on any Eurodollar Loan (or portion thereof) being
converted shall be paid by the Borrower at the time of conversion; 
 (iv) if any Eurodollar Borrowing is converted at a time
other than the end of the Interest Period applicable thereto, the Borrower shall pay, upon demand, any amounts due to the Lenders pursuant to Section 2.16; 

(v) any portion of a Borrowing maturing or required to be repaid in less than one month may not be converted into or continued
as a Eurodollar Borrowing; 

  
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 (vi) any portion of a Eurodollar Borrowing that cannot be converted into or
continued as a Eurodollar Borrowing by reason of the immediately preceding clause shall be automatically converted at the end of the Interest Period in effect for such Borrowing into an ABR Borrowing; 

(vii) no Interest Period may be selected for any Eurodollar Term Borrowing that would end later than a Term Loan Repayment Date
occurring on or after the first day of such Interest Period if, after giving effect to such selection, the aggregate outstanding amount of (A) the Eurodollar Term Borrowings comprised of Term Loans with Interest Periods ending on or prior to
such Term Loan Repayment Date and (B) the ABR Term Borrowings comprised of Term Loans would not be at least equal to the principal amount of Term Borrowings to be paid on such Term Loan Repayment Date; and 

(viii) upon notice to the Borrower from the Administrative Agent given at the request of the Required Lenders after the
occurrence and during the continuance of a Default or Event of Default, no outstanding Loan may be converted into, or continued as, a Eurodollar Loan. 

Each notice pursuant to this Section 2.10 shall be irrevocable and shall refer to this Agreement and specify (i) the identity and
amount of the Borrowing that the Borrower requests be converted or continued, (ii) whether such Borrowing is to be converted to or continued as a Eurodollar Borrowing or an ABR Borrowing, (iii) if such notice requests a conversion, the
date of such conversion (which shall be a Business Day) and (iv) if such Borrowing is to be converted to or continued as a Eurodollar Borrowing, the Interest Period with respect thereto. If no Interest Period is specified in any such notice
with respect to any conversion to or continuation as a Eurodollar Borrowing, the Borrower shall be deemed to have selected an Interest Period of one month’s duration. The Administrative Agent shall promptly advise the Lenders of any notice
given pursuant to this Section 2.10 and of each Lender’s portion of any converted or continued Borrowing. If the Borrower shall not have given notice in accordance with this Section 2.10 to continue any Borrowing into a subsequent
Interest Period (and shall not otherwise have given notice in accordance with this Section 2.10 to convert such Borrowing), such Borrowing shall, at the end of the Interest Period applicable thereto (unless repaid pursuant to the terms hereof),
automatically be converted into an ABR Borrowing. 
 SECTION 2.11 Repayment of Term Borrowings. 

(a) (i) The Borrower shall pay to the Administrative Agent, for the account of the Term Lenders, on the dates set forth below, or
if any such date is not a Business Day, on the next preceding Business Day (each such date being called a “Repayment Date”), a principal amount of the Term Loans other than Other Term Loans (as adjusted from time to time
pursuant to Sections 2.11(b), 2.12, 2.13(f) and 2.23(d)) equal to the amount set forth below for such date, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such
payment: 

  
 43 

			
	Repayment Date	  	Amount
	 September 30, 2017
	  	$1,312,500
	 December 31, 2017
	  	$1,312,500
	 March 31, 2018
	  	$1,312,500
	 June 30, 2018
	  	$1,312,500
	 September 30, 2018
	  	$1,312,500
	 December 31, 2018
	  	$1,312,500
	 March 31, 2019
	  	$1,312,500
	 June 30, 2019
	  	$1,312,500
	 September 30, 2019
	  	$2,625,000
	 December 31, 2019
	  	$2,625,000
	 March 31, 2020
	  	$2,625,000
	 June 30, 2020
	  	$2,625,000
	 September 30, 2020
	  	$2,625,000
	 December 31, 2020
	  	$2,625,000
	 March 31, 2021
	  	$2,625,000
	 June 30, 2021
	  	$2,625,000
	 September 30, 2021
	  	$2,625,000
	 December 31, 2021
	  	$2,625,000
	 March 31, 2022
	  	$2,625,000
	 June 30, 2022
	  	$2,625,000
	 September 30, 2022
	  	$2,625,000
	 December 31, 2022
	  	$2,625,000
	 March 31, 2023
	  	$2,625,000
	Term Loan Maturity Date	  	The remaining aggregate outstanding principal amount of all Term Loans other than Other Term Loans

  
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 (ii) The Borrower shall pay to the Administrative Agent, for the account of the
Incremental Term Lenders, on each Incremental Term Loan Repayment Date, a principal amount of the Other Term Loans (as adjusted from time to time pursuant to Sections 2.11(b), 2.12 and 2.13(f)) equal to the amount set forth for such date in the
applicable Incremental Loan Assumption Agreement, together in each case with accrued and unpaid interest on the principal amount to be paid to but excluding the date of such payment. 

(b) In the event and on each occasion that the Term Loan Commitments shall be reduced or shall expire or terminate other than as a result of
the making of a Term Loan, the installments payable on each Repayment Date and Incremental Term Loan Repayment Date, as the case may be, shall be reduced pro rata by an aggregate amount equal to the amount of such reduction, expiration or
termination. 
 (c) To the extent not previously paid, all Term Loans shall be due and payable on the Term Loan Maturity Date and the
Incremental Term Loan Maturity Date, as the case may be, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment. 

(d) All repayments pursuant to this Section 2.11 shall be subject to Section 2.16, but shall otherwise be without premium or penalty.

 SECTION 2.12 Voluntary Prepayments. 

(a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing, in whole or in part, upon (i) at
least three Business Days’ prior written, fax or other electronically transmitted notice (or telephone notice promptly confirmed by written, fax or other electronically transmitted notice) before 1:00 p.m., New York City time, in the case of
Eurodollar Loans, to the Administrative Agent or (ii) at least one Business Day prior written, fax or other electronically transmitted notice (or telephone notice promptly confirmed by written, fax or other electronically transmitted notice)
before 1:00 p.m., New York City time, in the case of ABR Loans, to the Administrative Agent; provided, however, that each partial prepayment shall be in an amount that is an integral multiple of $500,000 and not less than $1,000,000.
 
 (b) Voluntary prepayments of outstanding Term Loans under this Agreement shall be allocated pro rata between the Term Loans and
applied in direct order to the next eight scheduled installments of principal due in respect of the Term Loans under Sections 2.11(a)(i) and 2.11(a)(ii), as the case may be, and thereafter pro rata against the remaining scheduled installments of
principal due in respect of the Term Loans under Sections 2.11(a)(i) and 2.11(a)(ii), as the case may be. 

  
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 (c) Voluntary prepayments of outstanding Revolving Loans under this Agreement shall be
applied, first, to prepay outstanding ABR Revolving Loans to the full extent thereof, without a corresponding permanent reduction of the amount of the Revolving Credit Commitments; second, if no ABR Revolving Loans are outstanding, to
prepay outstanding Eurodollar Revolving Loans to the full extent thereof, without a corresponding permanent reduction of the amount of the Revolving Credit Commitments; third, if no Revolving Loans are outstanding, to cash collateralize the
aggregate undrawn amount of all outstanding Letters of Credit in accordance with Section 2.22(j), without a corresponding permanent reduction of the amount of the Revolving Credit Commitments. 

(d) Any amounts remaining after the application of voluntary prepayments pursuant to Sections 2.12(b) and 2.12(c) shall be retained by the
Borrower to be used for any other purpose permitted under this Agreement. 
 (e) Each notice of prepayment shall specify the
prepayment date and the principal amount of each Borrowing (or portion thereof) to be prepaid, shall be irrevocable (subject to the following provisos below) and shall commit the Borrower to prepay such Borrowing by the amount stated therein on the
date stated therein; provided that if such prepayment is for all of the then outstanding Loans, then the Borrower may revoke such notice and/or extend the prepayment date by not more than one Business Day; provided, further,
that a notice of voluntary prepayment may state that such notice is conditional upon the effectiveness of other credit facilities or the receipt of the proceeds from the issuance of other Indebtedness, in which case such notice of prepayment may be
revoked by the Borrower (by written notice to the Administrative Agent on or prior to 1:00 p.m., New York City time, on the specified date of prepayment) if such condition is not satisfied; provided, however, that the provisions of
Section 2.16 shall apply with respect to any such revocation or extension. All prepayments under this Section 2.12 shall be subject to Section 2.12(f) and to Section 2.16 but otherwise without premium or penalty. All prepayments
under this Section 2.12 (other than prepayments of ABR Revolving Loans that are not made in connection with the termination or permanent reduction of the Revolving Credit Commitments) shall be accompanied by accrued and unpaid interest on the
principal amount to be prepaid to but excluding the date of payment. 
 (f) In the event all or any portion of the Term Loans
(w) are repaid through any voluntary repayments, (x) are repriced (or effectively refinanced) through any waiver, consent or amendment (in each case, in connection with any waiver, consent or amendment to the Term Loans directed at, or the
result of which would be, the lowering of the effective interest cost or the weighted average yield of the Term Loans or the incurrence of any debt financing having an effective interest cost or weighted average yield that is less than the effective
interest cost or weighted average yield of the Term Loans, (y) are prepaid pursuant to Section 2.13 (other than (i) as a result of the receipt of Net Cash Proceeds from any Recovery Event to be applied pursuant to Section 2.13(b)
or (ii) Section 2.13(c)) or (z) become due and payable pursuant to Article VII, in each case on or prior to the first anniversary of the Closing Date, such repayments or repricings will be made with a prepayment premium in an amount
equal to the present value of the sum of (I) the Applicable Margin that would have been payable for Applicable Margin applicable to Term Loans plus (II) the greater of (1) the Applicable Margin “floor” (i.e. 1.00%) and
(2) the Applicable Margin (assuming an Interest Period of three months in effect on the date on which the applicable notice of repayment or repricing is given), in each case calculated as a rate per annum on the amount of the principal of such
Term Loans repaid or repriced from the date of such repayment or repricing until the first anniversary of the Closing Date plus (III) the prepayment premium on the amount of the principal of such Term Loans repaid or repriced that 

  
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would have been payable on such Term Loans had such repayment or repricing been made after the Closing Date but on or prior to the first anniversary of the Closing Date (in each case, computed on
the basis of actual days elapsed over a year of 360 days and using a discount rate equal to the Treasury Rate as of such repayment or repricing date plus 50 basis points). After the first anniversary of the Closing Date but prior to the second
anniversary of the Closing Date, such repayments or repricings will be made with a prepayment premium in an amount equal to (x) 102% of the principal amount repaid or repriced if such repayment or repricing occurs after the first anniversary of
the Closing Date, but on or prior to the second anniversary of the Closing Date and (y) 101% of the principal amount repaid or repriced if such repayment or repricing occurs after the second anniversary of the Closing Date but on or prior to
the third anniversary of the Closing Date. 
 SECTION 2.13 Mandatory Prepayments. 

(a) In the event of any termination of all the Revolving Credit Commitments, the Borrower shall, on the date of such termination, repay or
prepay all its outstanding Revolving Credit Borrowings and replace, cash collateralize or cause to be canceled (or make other arrangements reasonably satisfactory to the Administrative Agent and the Issuing Bank with respect to) all outstanding
Letters of Credit. If, after giving effect to any partial reduction of the Revolving Credit Commitments or at any other time, the Aggregate Revolving Credit Exposure would exceed the Total Revolving Credit Commitment, then the Borrower shall, on the
date of such reduction or at such other time, repay or prepay Revolving Credit Borrowings and after the Revolving Credit Borrowings shall have been repaid or prepaid in full, replace, cash collateralize or cause to be canceled (or make other
arrangements reasonably satisfactory to the Administrative Agent and the Issuing Bank with respect to) Letters of Credit in an amount sufficient to eliminate such excess. 

(b) Not later than the third Business Day following the receipt of Net Cash Proceeds in respect of any Asset Sale (including any Sale and
Leaseback Transaction permitted pursuant to Section 6.03(a), but excluding any Sale and Leaseback Transaction permitted pursuant to Section 6.03(b)) or any Recovery Event, the Borrower shall apply 100% of the Net Cash Proceeds received
with respect thereto to prepay outstanding Loans and cash collateralize Letters of Credit in accordance with Section 2.13(f). 
 (c) No
later than the fifth Business Day after the date on which the financial statements with respect to such fiscal year (commencing with the fiscal year ending on December 31, 2017) are required to be delivered pursuant to Section 5.04(a), the
Borrower shall prepay outstanding Term Loans in accordance with Section 2.13(f) in an aggregate principal amount equal to the ECF Percentage of Excess Cash Flow for the fiscal year then ended; provided that any prepayment of outstanding Term
Loans pursuant to this Section 2.13(c) in respect of any fiscal year shall only be required in the amount by which the Excess Cash Flow for such fiscal year exceeds $3,000,000. 

  
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 (d) In the event that any Loan Party or any subsidiary of a Loan Party shall receive Net Cash
Proceeds from the issuance of Disqualified Stock or incurrence of Indebtedness for money borrowed of any Loan Party or any subsidiary of a Loan Party (other than any cash proceeds from the issuance of Indebtedness for money borrowed permitted
pursuant to Section 6.01), the Borrower shall, substantially simultaneously with (and in any event not later than the third Business Day next following) the receipt of such Net Cash Proceeds by such Loan Party or such subsidiary, apply an
amount equal to 100% of such Net Cash Proceeds to prepay outstanding Loans and cash collateralize Letters of Credit in accordance with Section 2.13(f). 

(e) So long as the Senior Secured Leverage Ratio is greater than 3.00:1.00 (calculated on a pro forma basis as of the most
recently completed period of four consecutive fiscal quarters for which the financial statements and certificates required by Section 5.04(a) or (b), as the case may be, have been or were required to have been delivered), in the event and on
each occasion that an Equity Issuance occurs, the Borrower shall, substantially simultaneously with (and in any event not later than the third Business Day next following) the occurrence of such Equity Issuance, apply 100% (or such lesser percentage
required for the Senior Secured Leverage Ratio to be equal to or less than 3.00:1.00 (calculated on a pro forma basis as of the most recently completed period of four consecutive fiscal quarters for which the financial statements and
certificates required by Section 5.04(a) or (b), as the case may be, have been or were required to have been delivered)) of the Net Cash Proceeds therefrom to prepay outstanding Term Loans in accordance with Section 2.13(f). 

(f) Mandatory prepayments of outstanding Term Loans under this Agreement shall be allocated pro rata between the Term Loans and
applied in direct order to the next eight scheduled installments of principal due in respect of the Term Loans under Sections 2.11(a)(i) and 2.11(a)(ii), as the case may be, and thereafter pro rata against the remaining scheduled installments of
principal due in respect of the Term Loans under Sections 2.11(a)(i) and 2.11(a)(ii), as the case may be. Upon the prepayment in full of all outstanding Term Loans, mandatory prepayments under this Agreement shall be applied,
first, to prepay outstanding ABR Revolving Loans to the full extent thereof, without a corresponding permanent reduction of the amount of the Revolving Credit Commitments; second,
if no ABR Revolving Loans are outstanding, to prepay outstanding Eurodollar Revolving Loans to the full extent thereof, without a corresponding permanent reduction of the amount of the Revolving Credit Commitments; and
third, if no Revolving Loans are outstanding, to cash collateralize the aggregate undrawn amount of all outstanding Letters of Credit in accordance with Section 2.22(j), without a corresponding permanent
reduction of the amount of the Revolving Credit Commitments. Any Lender may elect, by notice to the Administrative Agent at or prior to the time and in the manner specified by the Administrative Agent, prior to any mandatory prepayment of the Term
Loans required to be made by the Borrower pursuant to Section 2.13(b), Section 2.13(c) or Section 2.13(e), to decline all (but not a portion) of its pro rata share of such mandatory prepayment (such declined amounts, the
“Declined Proceeds”). Any Declined Proceeds may be retained by the Borrower or applied at the Borrower’s discretion as otherwise permitted by Section 2.12(b). 

(g) The Borrower shall deliver to the Administrative Agent, at the time of each prepayment required under this Section 2.13, (i) a
certificate signed by a Financial Officer of the Borrower setting forth in reasonable detail the calculation of the amount of such prepayment and (ii) at least three Business Days prior written notice of such prepayment. Each notice of
prepayment shall specify the prepayment date, the Type of each Loan being prepaid and the principal amount of each Loan (or portion thereof) to be prepaid. All prepayments of Borrowings under this Section 2.13 shall be subject to
Section 2.12(f), as applicable, and Section 2.16, but shall otherwise be without premium or penalty, and shall be accompanied by accrued and unpaid interest on the principal amount to be prepaid to but excluding the date of payment (other
than prepayments of ABR Revolving Loans that are not made in connection with the termination or permanent reduction of the Revolving Credit Commitments). 

  
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 SECTION 2.14 Reserve Requirements; Change in Circumstances. 

(a) Notwithstanding any other provision of this Agreement, if any Change in Law shall: (i) impose, modify or deem applicable any reserve,
special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by any Lender or the Issuing Bank (except any such reserve requirement which is reflected in the Adjusted LIBO Rate), (ii) subject
any Agent, Lender or the Issuing Bank to any Taxes (other than Indemnified Taxes, Excluded Taxes and Other Taxes) on its Loans, loan principal, Letters of Credit, Commitments or other obligations, or its deposits, reserves, other liabilities or
capital attributable thereto; or (iii) impose on such Lender or the Issuing Bank or the London interbank market any other condition affecting this Agreement or Eurodollar 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 or the Issuing Bank of making or maintaining any Eurodollar Loan or increase the cost to any Lender or the Issuing Bank of issuing or maintaining any Letter
of Credit or purchasing or maintaining a participation therein or to reduce the amount of any sum received or receivable by such Lender or the Issuing Bank hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender or
the Issuing Bank to be material, then the Borrower will pay to such Lender or the Issuing Bank, as the case may be, upon demand such additional amount or amounts as will compensate such Lender or the Issuing Bank, as the case may be, for such
additional costs incurred or reduction suffered. 
 (b) If any Lender or the Issuing Bank shall have determined that any Change in Law
regarding capital adequacy has or would have the effect of reducing the rate of return on such Lender’s or the Issuing Bank’s capital or on the capital of such Lender’s or the Issuing Bank’s holding company, if any, as a
consequence of this Agreement or the Loans made or participations in Letters of Credit purchased by such Lender pursuant hereto or the Letters of Credit issued by the Issuing Bank pursuant hereto to a level below that which such Lender or the
Issuing Bank or such Lender’s or the Issuing Bank’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the Issuing Bank’s policies and the policies of such Lender’s or
the Issuing Bank’s holding company with respect to capital adequacy) by an amount deemed by such Lender or the Issuing Bank to be material, then from time to time the Borrower shall pay to such Lender or the Issuing Bank, as the case may be,
such additional amount or amounts as will compensate such Lender or the Issuing Bank or such Lender’s or the Issuing Bank’s holding company for any such reduction suffered. 

(c) A certificate of a Lender or the Issuing Bank setting forth the amount or amounts necessary to compensate such Lender or the Issuing Bank
or its holding company and the calculation thereof in reasonable detail, as applicable, as specified in paragraph (a) or (b) above shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay
such Lender or the Issuing Bank the amount shown as due on any such certificate delivered by it within 10 days after its receipt of the same. 

  
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 (d) Failure or delay on the part of any Lender or the Issuing Bank to demand compensation
for any increased costs or reduction in amounts received or receivable or reduction in return on capital shall not constitute a waiver of such Lender’s or the Issuing Bank’s right to demand such compensation; provided that the
Borrower shall not be under any obligation to compensate any Lender or the Issuing Bank under paragraph (a) or (b) above with respect to increased costs or reductions with respect to any period prior to the date that is 120 days prior
to such request if such Lender or the Issuing Bank knew or could reasonably have been expected to know of the circumstances giving rise to such increased costs or reductions and of the fact that such circumstances would result in a claim for
increased compensation by reason of such increased costs or reductions; provided further that the foregoing limitation shall not apply to any increased costs or reductions arising out of the retroactive application of any Change in Law within
such 120-day period. The protection of this Section 2.14 shall be available to each Lender and the Issuing Bank regardless of any possible contention of the invalidity or inapplicability of the Change in Law that shall have occurred or been
imposed. 
 SECTION 2.15 Change in Legality. 

(a) Notwithstanding any other provision of this Agreement, if any Change in Law shall make it unlawful for any Lender to make or maintain
any Eurodollar Loan or to give effect to its obligations as contemplated hereby with respect to any Eurodollar Loan, then, by written notice to the Borrower and to the Administrative Agent: 

(i) such Lender may declare that Eurodollar Loans will not thereafter (for the duration of such unlawfulness) be made by such
Lender hereunder (or be continued for additional Interest Periods) and ABR Loans will not thereafter (for such duration) be converted into Eurodollar Loans, whereupon any request for a Eurodollar Borrowing (or to convert an ABR Borrowing to a
Eurodollar Borrowing or to continue a Eurodollar Borrowing for an additional Interest Period) shall, as to such Lender only, be deemed a request for an ABR Loan (or a request to continue an ABR Loan as such for an additional Interest Period or to
convert a Eurodollar Loan into an ABR Loan, as the case may be), unless such declaration shall be subsequently withdrawn; and 

(ii) such Lender may require that all outstanding Eurodollar Loans made by it be converted to ABR Loans, in which event all
such Eurodollar Loans shall be automatically converted to ABR Loans as of the effective date of such notice as provided in paragraph (b) below. 
 In
the event any Lender shall exercise its rights under (i) or (ii) above, all payments and prepayments of principal that would otherwise have been applied to repay the Eurodollar Loans that would have been made by such Lender or the
converted Eurodollar Loans of such Lender shall instead be applied to repay the ABR Loans made by such Lender in lieu of, or resulting from the conversion of, such Eurodollar Loans. 

(b) For purposes of this Section 2.15, a notice to the Borrower by any Lender shall be effective as to each Eurodollar Loan made by such
Lender, if lawful, on the last day of the Interest Period then applicable to such Eurodollar Loan; in all other cases such notice shall be effective on the date of receipt by the Borrower. 

  
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 SECTION 2.16 Breakage. 

The Borrower shall indemnify each Lender against any loss or expense that such Lender may sustain or incur as a consequence of
(a) any event, other than a default by such Lender in the performance of its obligations hereunder, which results in (i) such Lender receiving or being deemed to receive any amount on account of the principal of any Eurodollar Loan prior
to the end of the Interest Period in effect therefor, (ii) the conversion of any Eurodollar Loan to an ABR Loan, or the conversion of the Interest Period with respect to any Eurodollar Loan, in each case other than on the last day of the
Interest Period in effect therefor, or (iii) any Eurodollar Loan to be made by such Lender (including any Eurodollar Loan to be made pursuant to a conversion or continuation under Section 2.10) not being made after notice of such Loan
shall have been given by the Borrower hereunder (any of the events referred to in this clause (a) being called a “Breakage Event”) or (b) any default in the making of any payment or prepayment required to be made
hereunder. In the case of any Breakage Event, such loss shall include an amount equal to the excess, as reasonably determined by such Lender, of (i) its cost of obtaining funds for the Eurodollar Loan that is the subject of such Breakage Event
for the period from the date of such Breakage Event to the last day of the Interest Period in effect (or that would have been in effect) for such Loan over (ii) the amount of interest likely to be realized by such Lender in redeploying the
funds released or not utilized by reason of such Breakage Event for such period. A certificate of any Lender setting forth in reasonable detail the calculations of any amount or amounts which such Lender is entitled to receive pursuant to this
Section 2.16 shall be delivered to the Borrower and shall be conclusive absent manifest error. 

SECTION 2.17 Pro Rata Treatment. 

Except as required under Section 2.15 and subject to the express provisions of this Agreement which require, or permit, differing payments
to be made to Non-Defaulting Lenders as opposed to Defaulting Lenders, each Borrowing, each payment or prepayment of principal of any Borrowing, each payment of interest on the Loans, each payment of the Commitment Fees, each reduction of the Term
Loan Commitments or the Revolving Credit Commitments and each conversion of any Borrowing to or continuation of any Borrowing as a Borrowing of any Type shall be allocated pro rata among the applicable Lenders in accordance with their respective
applicable Commitments (or, if such Commitments shall have expired or been terminated, in accordance with the respective principal amounts of their outstanding Loans). Each Lender agrees that in computing such Lender’s portion of any Borrowing
to be made hereunder, the Administrative Agent may, in its discretion, round each Lender’s percentage of such Borrowing to the next higher or lower whole Dollar amount. 

SECTION 2.18 Sharing of Setoffs. 

Each Lender agrees that if it shall, through the exercise of a right of banker’s lien, setoff or counterclaim against the Borrower or any
other Loan Party, or pursuant to a secured claim under Section 506 of Title 11 of the United States Code or other security or interest arising from, or in lieu of, such secured claim, received by such Lender under any applicable
bankruptcy, insolvency or other similar law or otherwise, or by any other means, obtain payment (voluntary or involuntary) in respect of any Loan or Loans or L/C Disbursement as a result of which the unpaid principal portion of its Loans and
participations in L/C Disbursements shall be 

  
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proportionately less than the unpaid principal portion of the Loans and participations in L/C Disbursements of any other Lender, it shall be deemed simultaneously to have purchased from such
other Lender at face value, and shall promptly pay to such other Lender the purchase price for, a participation in the Loans and L/C Exposure of such other Lender, so that the aggregate unpaid principal amount of the Loans and L/C Exposure and
participations in Loans and L/C Exposure held by each Lender shall be in the same proportion to the aggregate unpaid principal amount of all Loans and L/C Exposure then outstanding as the principal amount of its Loans and L/C Exposure prior to such
exercise of banker’s lien, setoff or counterclaim or other event was to the principal amount of all Loans and L/C Exposure outstanding prior to such exercise of banker’s lien, setoff or counterclaim or other event; provided, however, that
(i) if any such purchase or purchases or adjustments shall be made pursuant to this Section 2.18 and the payment giving rise thereto shall thereafter be recovered, such purchase or purchases or adjustments shall be rescinded to the extent
of such recovery and the purchase price or prices or adjustment restored without interest, and (ii) the provisions of this Section 2.18 shall not be construed to apply to any payment made by the Borrower pursuant to and in accordance with
the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender) or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans to
any assignee or participant, other than to the Borrower or any of its Affiliates (other than pursuant to Section 9.04(l)), as to which the provisions of this Section 2.18 shall apply. The Borrower expressly consents to the foregoing
arrangements and agrees that any Lender holding a participation in a Loan or L/C Disbursement deemed to have been so purchased may exercise any and all rights of banker’s lien, setoff or counterclaim with respect to any and all moneys owing by
the Borrower to such Lender by reason thereof as fully as if such Lender had made a Loan directly to the Borrower in the amount of such participation. 

SECTION 2.19 Payments. 

(a) The Borrower shall make each payment (including principal of or interest on any Borrowing or any L/C Disbursement or any Fees or other
amounts) hereunder and under any other Loan Document not later than 1:00 p.m., New York City time, on the date when due in immediately available Dollars, without setoff, defense or counterclaim. All payments received by the Administrative Agent
after 1:00 p.m., New York City time, shall be deemed received on the next succeeding Business Day (in the Administrative Agent’s sole discretion) and any applicable interest or fee shall continue to accrue. Each such payment (other than Issuing
Bank Fees, which shall be paid directly to the Issuing Bank) shall be made to the Administrative Agent at its offices at Eleven Madison Avenue, New York, NY 10010. The Administrative Agent shall promptly distribute to each Lender any payments
received by the Administrative Agent on behalf of such Lender. 
 (b) Except as otherwise expressly provided herein, whenever any payment
(including principal of or interest on any Borrowing or any Fees or other amounts) hereunder or under any other Loan Document shall become due, or otherwise would occur, on a day that is not a Business Day, such payment may be made on the next
succeeding Business Day, and such extension of time shall in such case be included in the computation of interest or Fees, if applicable. 

  
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 (c) 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 or the Issuing Bank 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 or the Issuing Bank, as the case may be, the amount due. In such event, if the Borrower does not in fact make such payment, then each of the
Lenders or the Issuing Bank, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender, and to pay 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 a rate reasonably determined by the Administrative Agent to represent its cost of overnight or short-term funds (which determination shall be conclusive absent
manifest error). 
 (d) If an Event of Default shall have occurred and be continuing and shall not otherwise have been waived, and the
maturity of the Obligations shall have been accelerated pursuant to Section 7.01, all payments or proceeds received by the Administrative Agent and the Collateral Agent hereunder in respect of any of the Obligations shall be applied in accordance
with the application of proceeds described in Section 6.05 of the Guarantee and Collateral Agreement. 
 SECTION 2.20
Taxes. 
 (a) Any and all payments by or on account of any obligation of the Borrower or any other Loan Party hereunder or
under any other Loan Document shall be made free and clear of and without withholding or deduction for any Taxes unless required under applicable law; provided that, if the Borrower or any other Loan Party shall be required under applicable law to
withhold or deduct any Indemnified Taxes or Other Taxes from such payments, then (i) the sum payable shall be increased as necessary so that after making all required withholding or deductions of Indemnified Taxes or Other Taxes (including
withholding or deductions applicable to additional sums payable under this Section 2.20) the Administrative Agent, each Lender and the Issuing Bank (as the case may be) receives an amount equal to the sum it would have received had no such
deductions for Indemnified Taxes or Other Taxes been made, (ii) the Borrower or such Loan Party shall make such deductions and (iii) the Borrower or such Loan Party shall pay the full amount deducted to the relevant Governmental Authority
in accordance with applicable law. 
 (b) In addition, the Borrower shall pay any Other Taxes to the relevant Governmental Authority in
accordance with applicable law. 
 (c) The Borrower shall indemnify the Administrative Agent, each Lender and the Issuing Bank, within 10
days after written demand therefor, for the full amount of any Indemnified Taxes or Other Taxes paid by the Administrative Agent, such Lender or the Issuing Bank, as the case may be, on or with respect to any payment by or on account of any
obligation of the Borrower or any other Loan Party hereunder or under any other Loan Document (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section 2.20) and any penalties,
interest and reasonable out-of-pocket expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other 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 Lender or the Issuing Bank, or by the Administrative Agent on behalf of itself, a Lender or the Issuing Bank, shall be conclusive as to such amount absent manifest error. 

  
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 (d) As soon as practicable after any payment of Taxes by the Borrower or any other Loan Party to
a Governmental Authority, the Borrower 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. 
 (e) Each Foreign Lender shall furnish to the Borrower and
the Administrative Agent, as applicable, two accurate and complete copies of (i) U.S. Internal Revenue Service Form W-8BEN or W-8BEN-E (or successor form) certifying exemption from or in reduction in the rate of U.S. federal withholding tax
under an applicable treaty to which the United States is a party, (ii) U.S. Internal Revenue Service Form W-8ECI (or successor form) certifying that the income receivable pursuant to the Loan Documents is effectively connected with the conduct
of a trade or business in the United States, (iii) U.S. Internal Revenue Service Form W-8IMY (or successor form), together with required attachments, certifying exemption from or reduction in the rate of U.S. federal withholding tax,
(iv) in the case of a Foreign Lender claiming exemption from U.S. federal withholding tax under Section 871(h) or 881(c) of the Code with respect to payments of “portfolio interest,” U.S. Internal Revenue Service Form W-8BEN or
W-8BEN-E (or successor form) together with a statement that (A) 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 (B) the interest payments in question are not effectively connected with a U.S. trade or business
conducted by such Foreign Lender or (v) forms other than those described in clauses (i) through (iv) as may be prescribed by applicable Laws as a basis for claiming exemption from or a reduction in U.S. federal withholding tax
together with such supplementary documentation as may be necessary to permit the Borrower or the Administrative Agent to determine the withholding or deduction required to be made. Such forms shall be delivered by each Foreign Lender on or before
the date it becomes a party to this Agreement. In addition, each Foreign Lender shall deliver such forms promptly upon the obsolescence or invalidity of any form previously delivered by such Foreign Lender. Each Foreign Lender shall promptly notify
the Borrower and the Administrative Agent at any time it determines that it is no longer in a position to provide any previously delivered form (or any other form of certification adopted by the U.S. taxing authorities for such purpose).
Notwithstanding any other provision of this paragraph, a Foreign Lender shall not be required to deliver any form pursuant to this paragraph that such Foreign Lender is not legally able to deliver. 

  
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 (f) Each Lender that is not a Foreign Lender shall furnish to the Borrower and the Administrative
Agent two accurate and complete copies of U.S. Internal Revenue Service Form W-9 (or successor form) establishing that the Lender is not subject to U.S. backup withholding tax. 

(g) If the Administrative Agent or any Lender determines, in its sole discretion, that it has received a refund or credit in lieu of a refund
in respect of any Taxes as to which it has been indemnified under this Section 2.20 or with respect to which any sum payable hereunder has been increased and paid by the Borrower under this Section 2.20, it shall pay to the Borrower an
amount equal to such refund or credit in lieu of a refund (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section 2.20 with respect to the Taxes giving rise to such refund or credit in
lieu of a refund), net of all out-of-pocket expenses incurred by the Administrative Agent or such Lender, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund); provided that the
Borrower, upon the request of the Administrative Agent or such Lender, agrees to promptly repay the amount paid over to the Borrower to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender is required to repay
such refund to such Governmental Authority. Notwithstanding anything to the contrary in this paragraph (g), in no event will the Administrative Agent or such Lender be required to pay any amount to the Borrower pursuant to this paragraph
(g) the payment which would place the Administrative Agent or such Lender in a less favorable net after-Tax position than the Administrative Agent or such Lender 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 paragraph shall not be construed to require the Administrative Agent or any Lender
to make available its tax returns (or any other information which it deems confidential) to the Borrower or any other Person. 
 (h) The
Administrative Agent and each Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by 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 the amount, if any, to deduct and withhold from such payment. Solely for purposes of this clause (h), “FATCA” shall include any amendments made to FATCA
after the date of this Agreement. 
 (i) For purposes of this Section 2.20, the term “Lender” includes the Issuing Bank. 

SECTION 2.21 Assignment of Commitments under Certain Circumstances; Duty to Mitigate. 

(a) In the event (i) any Lender or the Issuing Bank delivers a certificate requesting compensation pursuant to Section 2.14,
(ii) any Lender or the Issuing Bank delivers a notice described in Section 2.15, (iii) the Borrower is required to pay any additional amount to any Lender or the Issuing Bank or any Governmental Authority on account of any Lender or
the Issuing Bank pursuant to Section 2.20, (iv) any Lender refuses to consent to any amendment, waiver or other modification of any Loan Document requested by the Borrower that requires the consent of a greater percentage of the Lenders
than the Required Lenders and such amendment, waiver or other modification is consented to by the Required Lenders or (v) any Lender is a Defaulting Lender, then, in each case, the Borrower may, at its sole expense and effort (including

  
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with respect to the processing and recordation fee referred to in Section 9.04(b)), upon notice to such Lender or the Issuing Bank, as the case may be, and the Administrative Agent, require
such Lender or the Issuing Bank to transfer and assign, without recourse (in accordance with and subject to the restrictions contained in Section 9.04), all of its interests, rights and obligations under this Agreement (or, in the case of
clause (iv) above, all of its interests, rights and obligation with respect to the Class of Loans or Commitments that is the subject of the related consent, amendment, waiver or other modification) to an Eligible Assignee that shall assume such
assigned obligations and, with respect to clause (iv) above, shall consent to such requested amendment, waiver or other modification of any Loan Documents (which assignee may be another Lender, if a Lender accepts such assignment);
provided that (x) such assignment shall not conflict with any law, rule or regulation or order of any court or other Governmental Authority having jurisdiction, (y) the Borrower shall have received the prior written consent of the
Administrative Agent (and, if a Revolving Credit Commitment is being assigned, of the Issuing Bank), which consents shall not unreasonably be withheld, conditioned or delayed, and (z) the Borrower or such assignee shall have paid to the
affected Lender or the Issuing Bank in immediately available funds an amount equal to the sum of the principal of and interest accrued to the date of such payment on the outstanding Loans or L/C Disbursements of such Lender or the Issuing Bank,
respectively, plus all Fees and other amounts accrued for the account of or due to such Lender or the Issuing Bank hereunder with respect thereto (including any amounts under Sections 2.14 and 2.16); provided further that, if prior to
any such transfer and assignment the circumstances or event that resulted in such Lender’s or the Issuing Bank’s claim for compensation under Section 2.14, notice under Section 2.15 or the amounts paid pursuant to
Section 2.20, as the case may be, cease to cause such Lender or the Issuing Bank to suffer increased costs or reductions in amounts received or receivable or reduction in return on capital, or cease to have the consequences specified in
Section 2.15, or cease to result in amounts being payable under Section 2.20, as the case may be (including as a result of any action taken by such Lender or the Issuing Bank pursuant to paragraph (b) below), or if such Lender or the
Issuing Bank shall waive its right to claim further compensation under Section 2.14 in respect of such circumstances or event or shall withdraw its notice under Section 2.15 or shall waive its right to further payments under
Section 2.20 in respect of such circumstances or event or shall consent to the proposed amendment, waiver, consent or other modification or shall cease to be a Defaulting Lender, as the case may be, then such Lender or the Issuing Bank shall
not thereafter be required to make any such transfer and assignment hereunder. Each Lender and the Issuing Bank hereby grants to the Administrative Agent an irrevocable power of attorney (which power is coupled with an interest) to execute and
deliver, on behalf of such Lender or the Issuing Bank, as the case may be, as assignor, any Assignment and Acceptance necessary to effectuate any assignment of such Lender’s or the Issuing Bank’s interests hereunder in the circumstances
contemplated by this Section 2.21(a). 
 (b) If (i) any Lender or the Issuing Bank shall request compensation under
Section 2.14, (ii) any Lender or the Issuing Bank delivers a notice described in Section 2.15 or (iii) the Borrower is required to pay any additional amount to any Lender or the Issuing Bank or any Governmental Authority on
account of any Lender or the Issuing Bank, pursuant to Section 2.20, then such Lender or the Issuing Bank shall use reasonable efforts (which shall not require such Lender or the Issuing Bank to incur an unreimbursed loss or unreimbursed cost
or expense or otherwise take any action inconsistent with its internal policies or legal or regulatory restrictions or suffer any disadvantage or burden deemed by it to be significant) (x) to file any

  
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certificate or document reasonably requested in writing by the Borrower or (y) to assign its rights and delegate and transfer its obligations hereunder to another of its offices, branches or
affiliates, if such filing or assignment would reduce its claims for compensation under Section 2.14 or enable it to withdraw its notice pursuant to Section 2.15 or would reduce amounts payable pursuant to Section 2.20, as the case
may be, in the future. The Borrower hereby agrees to pay all reasonable documented out-of-pocket costs and expenses incurred by any Lender or the Issuing Bank in connection with any such filing or assignment, delegation and transfer. 

SECTION 2.22 Letters of Credit. 

(a) General. The Borrower may, at any time on or prior to the date that is thirty days prior to the Revolving Credit Maturity
Date, request the issuance of a Letter of Credit for its own account or for the account of any of its Wholly-Owned Subsidiaries (in which case the Borrower and such Wholly-Owned Subsidiary shall be co-applicants with respect to such Letter of
Credit), in a form reasonably acceptable to the Administrative Agent and the Issuing Bank, at any time and from time to time while the L/C Commitment remains in effect as set forth in Section 2.09(a). This Section 2.22 shall not be
construed to impose an obligation upon the Issuing Bank to issue any Letter of Credit that is inconsistent with the terms and conditions of this Agreement. 

(b) Notice of Issuance, Amendment, Renewal, Extension; Certain Conditions. In order to request the issuance of a Letter of
Credit (or to amend, renew or extend an existing Letter of Credit), the Borrower shall hand deliver, transmit by electronic mail or fax to the Issuing Bank and the Administrative Agent (reasonably in advance of the requested date of issuance,
amendment, renewal or extension) a notice requesting the issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, the date of issuance, amendment, renewal or extension, the date on which such Letter of
Credit is to expire (which shall comply with paragraph (c) below), the amount of such Letter of Credit, the name and address of the beneficiary thereof and such other information as shall be necessary to prepare such Letter of Credit. A Letter
of Credit shall be issued, amended, renewed or extended only if, and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower shall be deemed to represent and warrant that, after giving effect to such issuance, amendment,
renewal or extension (i) the L/C Exposure shall not exceed $7,000,000 and (ii) the Aggregate Revolving Credit Exposure shall not exceed the Total Revolving Credit Commitment. 

(c) Expiration Date. Each Letter of Credit shall expire at the close of business on the earlier of the date one year after
the date of the issuance of such Letter of Credit and the date that is five Business Days prior to the Revolving Credit Maturity Date, unless such Letter of Credit expires by its terms on an earlier date; provided, however, that a
Letter of Credit may, upon the request of the Borrower, include a provision whereby such Letter of Credit shall be renewed automatically for additional consecutive periods of twelve months or less (but not beyond the date that is five Business Days
prior to the Revolving Credit Maturity Date) unless the Issuing Bank notifies the beneficiary thereof at least thirty days (or such longer period as may be specified in such Letter of Credit) prior to the then-applicable expiration date that such
Letter of Credit will not be renewed. 

  
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 (d) Participations. By the issuance of a Letter
of Credit and without any further action on the part of the Issuing Bank or the Lenders, the Issuing Bank hereby grants to each Revolving Credit Lender, and each such Lender hereby acquires from the Issuing Bank, a participation in such Letter of
Credit equal to such Lender’s Pro Rata Percentage of the aggregate amount available to be drawn under such Letter of Credit, effective upon the issuance of such Letter of Credit. In consideration and in furtherance of the foregoing, each
Revolving Credit Lender hereby absolutely and unconditionally agrees to pay to the Administrative Agent, for the account of the Issuing Bank, such Lender’s Pro Rata Percentage of each L/C Disbursement made by the Issuing Bank and not reimbursed
by the Borrower (or, if applicable, another party pursuant to its obligations under any other Loan Document) forthwith on the date due as provided in Section 2.02(f). Each Revolving Credit Lender acknowledges and agrees that its obligation to
acquire participations pursuant to this paragraph in respect of Letters of Credit is absolute and unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or an Event of Default,
and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. 

(e) Reimbursement. If the Issuing Bank shall make any L/C Disbursement in respect of a Letter
of Credit, the Issuing Bank shall notify the Borrower that payment of such draft will be made and the Borrower shall pay to the Administrative Agent an amount equal to such L/C Disbursement not later than the later of (i) if such notice shall
have been received before 1:00 p.m., New York City time, on any day, two hours after receipt of such notice and (ii) after 1:00 p.m., New York City time, on the day of receipt of such notice or, if the Borrower shall have received such notice
later than 1:00 p.m., New York City time, on any day, not later than 1:00 p.m., New York City time, on the immediately following Business Day (it being understood that if the Issuing Bank shall not have received such amount from the Borrower within
the time specified above and (A) if the conditions precedent to borrowing set forth in Sections 4.01(b) and 4.01(c) have been satisfied, such amount shall be deemed to constitute an ABR Revolving Loan of each Revolving Credit Lender in
accordance with Section 2.02(f) and, to the extent of such payment, the obligations of the Borrower in respect of such L/C Disbursement pursuant to this Section 2.22(e) shall be discharged and replaced with the resulting ABR Revolving
Credit Borrowing, or (B) if such conditions precedent to borrowing have not been satisfied, then any such amount paid by any Revolving Credit Lender shall not constitute a Loan and shall not relieve the Borrower from its obligation to reimburse
such L/C Disbursement pursuant to this Section 2.22(e)). 
 (f) Obligations
Absolute. The Borrower’s obligations to reimburse L/C Disbursements as provided in paragraph (e) above shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the
terms of this Agreement, under any and all circumstances whatsoever, and irrespective of: 
 (i) any lack of
validity or enforceability of any Letter of Credit or any Loan Document, or any term or provision therein; 
 (ii) any
amendment or waiver of or any consent to departure from all or any of the provisions of any Letter of Credit or any Loan Document; 

(iii) the existence of any claim, setoff, defense or other right that the Borrower, any other party guaranteeing, or otherwise
obligated with, the Borrower, any Subsidiary or other Affiliate thereof or any other Person may at any time have against the beneficiary under any Letter of Credit, the Issuing Bank, the Administrative Agent or any Lender or any other Person,
whether in connection with this Agreement, any other Loan Document or any other related or unrelated agreement or transaction; 

  
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 (iv) any draft or other document presented under a Letter of Credit proving to be
forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; 

(v) payment by the Issuing Bank under a Letter of Credit against presentation of a draft or other document that does not comply
with the terms of such Letter of Credit; and 
 (vi) any other act or omission to act or delay of any kind of the Issuing
Bank, the Lenders, the Administrative Agent or any other Person or any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section 2.22, constitute a legal or
equitable discharge of the Borrower’s obligations hereunder. 
 Without limiting the generality of the foregoing, it is expressly
understood and agreed that the absolute and unconditional obligation of the Borrower hereunder to reimburse L/C Disbursements will not be excused by the gross negligence or willful misconduct of the Issuing Bank. However, the foregoing shall not be
construed to excuse the Issuing Bank from liability to the Borrower to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are hereby waived by the Borrower to the extent permitted by applicable law)
suffered by the Borrower that are determined by a court of competent jurisdiction by final and non-appealable judgment to have resulted primarily from the Issuing Bank’s gross negligence or willful misconduct in determining whether drafts and
other documents presented under a Letter of Credit comply with the terms thereof. It is further understood and agreed that the Issuing Bank may accept documents that appear on their face to be in order, without responsibility for further
investigation, regardless of any notice or information to the contrary and, in making any payment under any Letter of Credit (i) the Issuing Bank’s exclusive reliance on the documents presented to it under such Letter of Credit as to any
and all matters set forth therein, including reliance on the amount of any draft presented under such Letter of Credit, whether or not the amount due to the beneficiary thereunder equals the amount of such draft and whether or not any document
presented pursuant to such Letter of Credit proves to be insufficient in any respect, if such document on its face appears to be in order, and whether or not any other statement or any other document presented pursuant to such Letter of Credit
proves to be forged or invalid or any statement therein proves to be inaccurate or untrue in any respect whatsoever and (ii) any noncompliance in any immaterial respect of the documents presented under such Letter of Credit with the terms
thereof shall, in each case, be deemed not to constitute gross negligence or willful misconduct of the Issuing Bank. 
 (g)
Disbursement Procedures. The Issuing Bank shall, promptly following its receipt thereof, examine all documents purporting to represent a demand for payment under a Letter of Credit. The Issuing Bank shall as
promptly as possible give telephonic notification, confirmed by fax, to the Administrative Agent and the Borrower of such demand for payment and whether the Issuing Bank 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 the Issuing Bank and the Revolving Credit Lenders with respect to any such L/C Disbursement. 

  
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 (h) Interim Interest. If the Issuing Bank shall make any L/C
Disbursement in respect of a Letter of Credit, then, unless the Borrower shall reimburse such L/C Disbursement in full before the date and time set forth in Section 2.22(e), the unpaid amount thereof shall bear interest for the account of the
Issuing Bank, for each day from and including the date of such L/C Disbursement, to but excluding the earlier of the date of payment by the Borrower or the date on which interest shall commence to accrue thereon as provided in Section 2.02(f),
at the rate per annum that would apply to such amount if such amount were an ABR Revolving Loan. 
 (i)
Resignation or Removal of the Issuing Bank. The Issuing Bank may resign at any time by giving 30 days’ prior written notice to the Administrative Agent, the Lenders and the Borrower, and may be removed at any time by the Borrower
by notice to the Issuing Bank, the Administrative Agent and the Lenders. Upon the acceptance of any appointment as the Issuing Bank hereunder by a Lender that shall agree to serve as the successor Issuing Bank, such successor shall succeed to and
become vested with all the interests, rights and obligations of the retiring Issuing Bank. At the time such removal or resignation shall become effective, the Borrower shall pay all accrued and unpaid fees pursuant to Section 2.05(c)(ii). The
acceptance of any appointment as the Issuing Bank hereunder by a successor Lender shall be evidenced by an agreement entered into by such successor, in a form satisfactory to the Borrower and the Administrative Agent, and, from and after the
effective date of such agreement, (i) such successor Lender shall have all the rights and obligations of the previous Issuing Bank under this Agreement and the other Loan Documents and (ii) references herein and in the other Loan Documents
to the term “Issuing Bank” shall be deemed to refer to such successor or to any previous Issuing Bank, or to such successor and all previous Issuing Banks, as the context shall require. After the resignation or removal of the Issuing Bank
hereunder, the retiring Issuing Bank shall remain a party hereto and shall continue to have all the rights and obligations of the Issuing Bank under this Agreement and the other Loan Documents with respect to Letters of Credit issued by it prior to
such resignation or removal, but shall not be required to issue additional Letters of Credit. 
 (j) Cash
Collateralization. If any Event of Default shall occur and be continuing, the Borrower shall, on the Business Day it receives notice from the Administrative Agent or the Required Lenders (or, if the maturity of the Loans has been
accelerated, Revolving Credit Lenders holding participations in outstanding Letters of Credit representing greater than 50% of the aggregate undrawn amount of all outstanding Letters of Credit) thereof and of the amount to be deposited, deposit in
an account with the Collateral Agent, for the benefit of the Revolving Credit Lenders, an amount in cash equal to 103% of the L/C Exposure as of such date; provided that the obligation to deposit such cash will become effective immediately,
and such deposit will become immediately payable in immediately available funds, without demand or notice of any kind, upon the occurrence of an Event of Default described in Section 7.01(g) or 7.01(h). Such deposit shall be held by the
Collateral Agent as collateral for the payment and performance of the Obligations. The Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal, over such account. Other than any interest earned on the
investment of such deposits in Permitted Investments, which investments shall be made at the 

  
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option and sole discretion of the Collateral Agent, such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in such account. Moneys in such
account shall (i) automatically be applied by the Administrative Agent to reimburse the Issuing Bank for L/C Disbursements for which it has not been reimbursed, (ii) be held for the satisfaction of the reimbursement obligations of the
Borrower for the L/C Exposure at such time and (iii) if the maturity of the Loans has been accelerated (but subject to the consent of Revolving Credit Lenders holding participations in outstanding Letters of Credit representing greater than 50%
of the aggregate undrawn amount of all outstanding Letters of Credit), be applied to satisfy the Obligations. If the Borrower is required to provide an amount of cash collateral hereunder as a result of the occurrence of an Event of Default, such
amount (to the extent not applied as aforesaid) shall be returned to the Borrower within three Business Days after all Events of Default have been cured or waived. 

(k) Additional Issuing Banks. The Borrower may, at any time and from time to time with the
consent of the Administrative Agent (which consent shall not be unreasonably withheld, conditioned or delayed) and such Lender, designate one or more additional Lenders to act as an issuing bank under the terms of this Agreement, subject to
reporting requirements reasonably satisfactory to the Administrative Agent with respect to issuances, amendments, extensions and terminations of Letters of Credit by such additional issuing bank. Any Lender designated as an issuing bank pursuant to
this paragraph (k) shall be deemed to be an “Issuing Bank” (in addition to being a Lender) in respect of Letters of Credit issued or to be issued by such Lender, and, with respect to such Letters of Credit, such term shall thereafter
apply to the other Issuing Bank and such Lender. 
 (l) Defaulting Lenders. At any time that there
shall exist a Defaulting Lender, within one Business Day following the written request of the Administrative Agent or the Issuing Bank (with a copy to the Administrative Agent) the Borrower shall Cash Collateralize the Issuing Bank’s Fronting
Exposure with respect to such Defaulting Lender (determined after giving effect to Section 2.24(a)(iv) and any Cash Collateral provided by such Defaulting Lender) in an amount not less than the Minimum Collateral Amount. 

(i) The Borrower, and to the extent provided by any Defaulting Lender, such Defaulting Lender, hereby grants to the
Administrative Agent, for the benefit of the Issuing Banks, 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
Exposure, to be applied pursuant to clause (ii) 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 and the Issuing Bank as herein
provided, 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). 

  
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 (ii) Notwithstanding anything to the contrary contained in this Agreement, Cash
Collateral provided under this Section 2.22(l) or Section 2.24 in respect of Letters of Credit shall be applied to the satisfaction of the Defaulting Lender’s obligation to fund participations in respect of L/C Exposure (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. 

(iii) Cash Collateral (or the appropriate portion thereof) provided to reduce the Issuing Bank’s Fronting Exposure
shall no longer be required to be held as Cash Collateral pursuant to this Section 2.22(l) 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 and the Issuing Bank that there exists excess Cash Collateral; provided that, subject to Section 2.24 the Person providing Cash Collateral and the Issuing Bank may agree
that Cash Collateral shall be held to support future anticipated Fronting Exposure or other obligations; and provided further that to the extent that such Cash Collateral was provided by the Borrower or any Subsidiary Guarantor, such Cash
Collateral shall remain subject to the security interest granted pursuant to the Guarantee and Collateral Agreement. 

SECTION 2.23 Incremental Loans. 

(a) The Borrower may, by written notice to the Administrative Agent from time to time, request (i) prior to the Revolving Credit Maturity
Date, an increase to the existing Revolving Credit Commitments in an aggregate amount not to exceed the Incremental Revolving Credit Amount from one or more Incremental Revolving Credit Lenders, all of which must be Eligible Assignees (any such
increase, the “Incremental Revolving Credit Commitments”) and/or (ii) prior to the Term Loan Maturity Date, the establishment of Incremental Term Loan Commitments in an aggregate amount not to exceed the Incremental Term
Loan Amount from one or more Incremental Term Lenders, all of which must be Eligible Assignees. Such notice shall set forth (A) the amount of Incremental Revolving Credit Commitments and/or Incremental Term Loan Commitments being requested
(which shall be in minimum increments of $500,000 and a minimum amount of $1,000,000 or such lesser amount equal to the remaining Incremental Revolving Credit Amount or Incremental Term Loan Amount, as applicable), (B) the date on which such
Incremental Revolving Credit Commitments and/or Incremental Term Loan Commitments are requested to become effective (which shall not be less than 10 Business Days nor more than 60 days after the date of such notice) and (C) in the case of
Incremental Term Loan Commitments, whether such Incremental Term Loan Commitments are commitments to make additional Term Loans having the same terms as the initial Term Loans made on the Closing Date or commitments to make term loans with terms
different from the initial Term Loans made on the Closing Date (the “Other Term Loans”). 
 (b) The Borrower may seek
Incremental Revolving Credit Commitments and/or Incremental Term Loan Commitments from existing Lenders (each of which shall be entitled to agree or decline to participate in its sole discretion) and, subject to the Administrative Agent’s
consent (not to be unreasonably withheld, conditioned or delayed), additional banks, financial institutions and other institutional lenders who will become Incremental Term Lenders in connection therewith. The Borrower and each Incremental Revolving
Credit Lender and/or Term Lender shall execute and deliver to the Administrative Agent an Incremental Loan Assumption Agreement and such other documentation as the Administrative Agent shall 

  
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reasonably specify to evidence the Incremental Revolving Credit Commitment and/or Incremental Term Loan Commitment of such Person. The terms and provisions of the Incremental Revolving
Credit Commitments shall be identical to the Revolving Credit Commitments (it being understood that in connection with the establishment of any Incremental Revolving Credit Commitments in respect of which the initial All-In Yield applicable to
Incremental Revolving Credit Loans under such Incremental Revolving Credit Commitments (calculated assuming such Incremental Revolving Credit Commitments are fully drawn on the date so established) exceeds (the amount of such excess being referred
to herein as the “Revolver Yield Differential”) the All-In Yield then in effect for Eurodollar Revolving Loans, the Applicable Margin then in effect for all Revolving Loans shall automatically be increased by the Revolver
Yield Differential, effective upon the effectiveness of such Incremental Revolving Credit Commitments pursuant to the applicable Incremental Loan Assumption Agreement). The terms and provisions of the Incremental Term Loans shall be identical to
those of the Term Loans made pursuant to clause (i) of Section 2.01(a), except as otherwise set forth herein or in the Incremental Loan Assumption Agreement, and any such terms not consistent with those of such Term Loans shall be
reasonably satisfactory to the Administrative Agent. Without the prior written consent of the Required Lenders, (i) the final maturity date of any Other Term Loans shall be no earlier than the Term Loan Maturity Date, (ii) the Weighted
Average Life to Maturity of the Other Term Loans shall be no shorter than the Weighted Average Life to Maturity of the Term Loans made pursuant to clause (i) of Section 2.01(a) and (iii) if the initial yield on such Other Term Loans
(as determined by the Administrative Agent to be equal to the sum of (x) the margin above the Adjusted LIBO Rate on such Other Term Loans (increased by the amount that any “LIBOR floor” applicable to such Other Term Loans on the date
of the calculation exceeds the Adjusted LIBO Rate on such date) and (y) if such Other Term Loans are initially made at a discount or the Lenders making the same receive a fee directly or indirectly from the Borrower or any Subsidiary for doing
so (the amount of such discount or fee, expressed as a percentage of the Other Term Loans, being referred to herein as “Discount”), the amount of such Discount divided by the lesser of (A) the Weighted Average Life to
Maturity of such Other Term Loans and (B) four) exceeds the sum of the Applicable Margin then in effect for Eurodollar Term Loans plus one fourth of the Closing Fees paid pursuant to Section 2.05(d) in respect of the Term Loans made
pursuant to clause (i) of Section 2.01(a) by more than 50 basis points (the amount of such excess above 50 basis points being referred to herein as the “Yield Differential”), then the Applicable Margin then in
effect for Term Loans shall automatically be increased by the Yield Differential, effective upon the making of the Other Term Loans. The Administrative Agent shall promptly notify each Lender as to the effectiveness of each Incremental Loan
Assumption Agreement. Each of the parties hereto hereby agrees that, upon the effectiveness of any Incremental Loan Assumption Agreement, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the
existence and terms of the Incremental Revolving Credit Commitment and/or Incremental Term Loan Commitment and the Incremental Revolving Credit Loans and/or Incremental Term Loans, as applicable, evidenced thereby, and the
Administrative Agent and the Borrower may revise this Agreement to evidence such amendments. 
 (c)
Notwithstanding the foregoing, no Incremental Revolving Credit Commitment or Incremental Term Loan Commitment shall become effective under this Section 2.23 unless (i) on the date of such effectiveness the conditions set forth in
paragraphs (b) and (c) of Section 4.01 shall be satisfied (provided that, if the proceeds of Incremental Term Loans are to be used to 

  
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finance a Permitted Acquisition, then, in lieu of the conditions set forth in paragraphs (b) and (c) of Section 4.01, only (x) “specified representations”
pursuant to customary “SunGard” or “certain funds” conditionality (conformed as necessary for such Permitted Acquisition) shall be required to be satisfied and (y) at the time of and immediately after such effectiveness, no
Event of Default under Section 7.01(b), (c), (g) or (h) shall have occurred and be continuing) and the Administrative Agent shall have received a certificate to that effect dated such date and executed by a Financial Officer of the
Borrower, (ii) the Incremental Term Loans shall rank pari passu in right of payment and be equal with respect to security under the Loan Documents and none of the obligors or guarantors with respect thereto shall be a Person that is not
a Loan Party, (iii) all fees and expenses owing in respect of such Incremental Revolving Credit Commitments and/or Incremental Term Loan Commitments to the Administrative Agent and the Lenders shall have been paid and (iv) except as
otherwise specified in the applicable Incremental Loan Assumption Agreement, the Administrative Agent shall have received (with sufficient copies for each Incremental Term Lender) legal opinions, board resolutions and other closing certificates
reasonably requested by the Administrative Agent and consistent with those delivered on the Closing Date under Section 4.02, including, without limitation, amendments to the Mortgages, datedown endorsements to the title policies, flood zone
determinations and the other deliverables, pursuant to Section 4.02(g).  
 (d) Each of the parties hereto hereby agrees that the
Administrative Agent may, in consultation with the Borrower, take any and all action as may be reasonably necessary to ensure that (i) all Incremental Term Loans (other than Other Term Loans), when originally made, are included in each
Borrowing of outstanding Term Loans on a pro rata basis and (ii) all Revolving Loans in respect of Incremental Revolving Credit Commitments, when originally made, are included in each Borrowing of outstanding Revolving Loans on a pro rata
basis. With respect to Incremental Term Loans, this may be accomplished by requiring each outstanding Eurodollar Term Borrowing to be converted into an ABR Term Borrowing on the date of each Incremental Term Loan, or by allocating a portion of each
Incremental Term Loan to each outstanding Eurodollar Term Borrowing on a pro rata basis. Any conversion of Eurodollar Term Loans to ABR Term Loans reasonably required by the Administrative Agent to effectuate the foregoing shall be subject to
Section 2.16. With respect to Incremental Revolving Credit Commitments, this may be accomplished by, with the consent of the Borrower, causing the Revolving Credit Lenders to assign portions of their outstanding Revolving Loans to Incremental
Revolving Credit Lenders. If any Incremental Term Loan is to be allocated to an existing Interest Period for a Eurodollar Term Borrowing, then the interest rate thereon for such Interest Period and the other economic consequences thereof shall be as
set forth in the applicable Incremental Loan Assumption Agreement. In addition, to the extent any Incremental Term Loans are not Other Term Loans, the scheduled amortization payments under Section 2.11(a)(i) required to be made after the making
of such Incremental Term Loans shall be ratably increased by the aggregate principal amount of such Incremental Term Loans and shall be further increased for all Lenders on a pro rata basis to the extent necessary to avoid any reduction in the
amortization payments to which the Term Lenders were entitled before such recalculation. 

  
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 SECTION 2.24 Defaulting Lenders. 

(a) 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) Such Defaulting Lender’s
right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders. 

(ii) 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 VII or otherwise) or received by the Administrative Agent from a Defaulting Lender pursuant to Section 9.06 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 Bank hereunder; third, to Cash Collateralize the Issuing Bank’s Fronting Exposure with respect to such Defaulting Lender in accordance with Section 2.22(l); fourth, as the Borrower may request
(so long as no Default or Event of Default exists), to the funding of any Loan 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 (x) satisfy such Defaulting Lender’s potential future funding obligations with respect to Loans under this
Agreement and (y) Cash Collateralize the Issuing Bank’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of Credit issued under this Agreement, in accordance with Section 2.22(l);
sixth, to the payment of any amounts owing to the Lenders or the Issuing Bank as a result of any judgment of a court of competent jurisdiction obtained by any Lender or the Issuing Bank 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 (x) such payment is a payment of the principal amount of any Loans or L/C Disbursements in respect of which such Defaulting Lender has not fully funded its appropriate share, and (y) such
Loans were made or the related Letters of Credit were issued at a time when the conditions set forth in Section 4.01 were satisfied or waived, such payment shall be applied solely to pay the Loans of, and L/C Disbursements owed to, all
Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or L/C Disbursements owed to, such Defaulting Lender until such time as all Loans and funded and unfunded participations in L/C Exposure are
held by the Lenders pro rata in accordance with the Commitments under the applicable Credit Facility without giving effect to Section 2.24(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 2.24(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto.

  
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 (iii) (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 L/C Participation Fees for any period during which that Lender is a
Defaulting Lender only to the extent allocable to its Pro Rata Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.22(l). 

(C) With respect to any L/C Participation Fee not required to be paid to any Defaulting Lender pursuant to clause
(B) above, the Borrower shall (x) 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 Exposure that has been
reallocated to such Non-Defaulting Lender pursuant to clause (iv) below, (y) pay to the Issuing Bank the amount of any such fee otherwise payable to such Defaulting Lender to the extent allocable to such Issuing Bank’s Fronting
Exposure to such Defaulting Lender, and (z) not be required to pay the remaining amount of any such fee. 
 (iv) All or
any part of such Defaulting Lender’s participation in L/C Exposure shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Pro Rata Percentages (calculated without regard to such Defaulting Lender’s
Commitment) but only to the extent that (x) the conditions set forth in Section 4.01 are satisfied at the time of such reallocation (and, unless the Borrower shall have otherwise notified the Administrative Agent at such time, the Borrower
shall be deemed to have represented and warranted that such conditions are satisfied at such time), and (y) 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. 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) 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, Cash Collateralize the Issuing Bank’s Fronting Exposure in accordance with the procedures set forth in Section 2.22(l). 

(b) If the Borrower, the Administrative Agent and the Issuing Bank 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

  
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Collateral), that 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 to be held pro rata by the Lenders in accordance with the Commitments under the applicable Credit Facility (without giving effect to
Section 2.24(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.  
 (c) So long as any Lender is a Defaulting Lender
the Issuing Bank 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 2.25 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 Revolving Credit Maturity Date and/or the Term Loan Maturity Date of any Class of Loans and Commitments to the extended maturity 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 to be extended (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 (or such longer or shorter periods as the Administrative Agent shall agree)) 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 terms and conditions as each other Lender of such Class pursuant to procedures established by, or reasonably acceptable to, the Administrative Agent. If the aggregate principal amount
of Revolving Credit Commitments or Term Loans (calculated on the face amount thereof) in respect of which Lenders shall have accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of Revolving Credit Commitments or
Term Loans, as applicable, requested to be extended by the Borrower pursuant to such Extension Offer, 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 (but not to exceed actual holdings of record) with respect to which such Lenders have accented such Extension Offer. 

(b) It shall be a condition precedent to the effectiveness of any Extension that (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 III and in each other Loan Document shall be true and correct in all material respects on
and as of the date of such Extension, unless otherwise agreed among the Borrower, the Administrative Agent and each applicable extending Lender, (iii) the Issuing Bank shall have consented to any Extension of the Revolving Credit Commitments,
to the extent that such Extension provides for the issuance of Letters of Credit at any time during the extended period and (iv) the terms of such Extended Revolving Credit Commitments and Extended Term Loans shall comply with
Section 2.25(c). 

  
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 (c) The terms of each Extension shall be determined by the Borrower and the applicable
extending Lender and set forth in an amendment to this Agreement (which may, at the option of the Administrative Agent, be in the form of an amendment and restatement of this Agreement) providing for Extended Term Loans and/or Extended Revolving
Credit Commitments pursuant to this Section 2.25; 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 Term
Loan Maturity Date, respectively, (ii) (A) there shall be no scheduled amortization of the 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 Loans and the Extended Term Loans will rank pari passu (or junior) in right of payment and with respect to security with the existing Revolving Loans and
the 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 Loans or Term
Loans, (iv) the interest rate margin, rate floors, fees, original issue discounts and premiums applicable to any Extended Revolving Credit Commitment (and the Extended Revolving Loans thereunder) and Extended Term Loan shall be determined by
the Borrower and the applicable extending Lender and (v) to the extent the terms of the Extended Revolving Credit Commitments or Extended Term Loans are inconsistent with the terms set forth herein (except as set forth in clause (i)
through (iv) above), such terms shall be reasonably satisfactory to the Administrative Agent. 
 (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 amendment to this Agreement (which may, at the option of the Administrative Agent, be in the form of an
amendment and restatement of this Agreement) providing for Extended Term Loans and/or Extended Revolving Credit Commitments pursuant to this Section 2.25 and such other documentation as the Administrative Agent shall reasonably specify to
evidence the Extension, including, without limitation, amendments to the Mortgages, datedown endorsements to the title policies, flood zone determinations and the other deliverables, pursuant to Section 4.02(g). The Administrative Agent shall
promptly notify each Lender as to the effectiveness of each Extension. Any amendment to this Agreement (which may, at the option of the Administrative Agent, be in the form of an amendment and restatement of this Agreement) providing for Extended
Term Loans and/or Extended Revolving Credit Commitments pursuant to this Section 2.25 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 Offer, including any amendments necessary to establish Extended Revolving 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 L/C Exposure upon the expiration or termination of the commitments under any Class
or tranche), in each case on terms consistent with this Section 2.25). 

  
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 ARTICLE III 

Representations and Warranties 

The Borrower represents and warrants to the Administrative Agent, the Collateral Agent, the Issuing Bank and each of the Lenders that: 

SECTION 3.01 Organization; Powers. 

The Borrower and each of its Material Subsidiaries (a) is duly organized, validly existing and in good standing under the laws of the
jurisdiction of its organization, (b) has all requisite power and authority to own its property and assets and to carry on its business as now conducted and as proposed to be conducted, except to the extent that the failure to possess such
power and authority could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, (c) is qualified to do business in, and is in good standing in, every jurisdiction where such qualification is
required, except where the failure so to qualify or be in good standing could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, and (d) has the power and authority to execute, deliver and
perform its obligations under each of the Loan Documents and each other agreement or instrument contemplated thereby to which it is or will be a party and, in the case of the Borrower, to borrow hereunder. 

SECTION 3.02 Authorization; No Default. 

The Transactions (a) have been duly authorized by all requisite corporate and, if required, stockholder action and (b) will not
(i) violate (A) any provision of (x) any material law, statute, rule or regulation, or (y) the certificate or articles of incorporation or other constitutive documents or by-laws of the Borrower or any Subsidiary, (B) any
material order of any Governmental Authority or (C) any provision of any indenture, agreement or other instrument to which the Borrower or any Subsidiary is a party or by which any of them or any of their property is or may be bound (in each
case which is material to the conduct of their business), (ii) be in conflict with, result in a breach of or constitute (alone or with notice or lapse of time or both) a default under, or give rise to any right to accelerate or to require the
prepayment, repurchase or redemption of any obligation under any such indenture, agreement or other instrument, in the case of this clause (ii) as could reasonably be expected to result in, individually or in the aggregate, a Material Adverse
Effect or (iii) result in the creation or imposition of any Lien upon or with respect to any material property or assets now owned or hereafter acquired, created, developed or invented by the Borrower or any Subsidiary (other than any Lien
created hereunder or under the Security Documents). 
 SECTION 3.03 Enforceability. 

This Agreement has been duly executed and delivered by the Borrower and constitutes, and each other Loan Document when executed and delivered
by each Loan Party party thereto will constitute, a legal, valid and binding obligation of such Loan Party enforceable against such Loan Party in accordance with its terms, except as such enforceability may be limited by applicable bankruptcy,
insolvency, reorganization, moratorium, or similar laws affecting creditors’ rights generally and by general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law). 

  
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 SECTION 3.04 Approvals and Consents. 

No action, consent or approval of, registration or filing with or any other action by any Governmental Authority or Person is or will be
required in connection with the Transactions, except for (a) the filing of Uniform Commercial Code financing statements and filings with the United States Patent and Trademark Office and the United States Copyright Office, (b) recordation
of the Mortgages and (c) such as have been made or obtained and are in full force and effect. 
 SECTION 3.05 Financial
Statements. 
 (a) The Borrower has heretofore furnished to the Lenders its consolidated balance sheets and related statements of
income, stockholder’s equity and cash flows (i) as of and for the fiscal year ended December 31, 2014, audited by and accompanied by the opinion of BDO USA, LLP; December 31, 2015, audited by and accompanied by the opinion of BDO
USA, LLP; and December 31, 2016, audited by and accompanied by the opinion of BDO USA, LLP and (ii) as of and for the fiscal quarter and the portion of the fiscal year ended March 31, 2017, certified by its chief financial officer.
Such financial statements present fairly in all material respects the financial condition and results of operations and cash flows of the Borrower and its consolidated Subsidiaries as of such dates and for such periods. Such balance sheets and the
notes thereto disclose all material liabilities, direct or contingent, of the Borrower and its consolidated Subsidiaries as of the dates thereof, in accordance with GAAP applied on a consistent basis, in all material respects. Such financial
statements were prepared in accordance with GAAP applied on a consistent basis, in all material respects, subject, in the case of unaudited financial statements, to year-end audit adjustments and the absence of footnotes. 

(b) The Borrower has heretofore delivered to the Lenders its unaudited pro forma consolidated balance sheet and related pro
forma statements of income, stockholder’s equity and cash flows as of and for the twelve-month period ended March 31, 2017, prepared after giving effect to the Transactions as if the Transactions had occurred as of such date (in the
case of such balance sheet) or at the beginning of such period (in the case of such other financial statements). Such pro forma financial statements have been prepared in good faith by the Borrower based upon the assumptions used to prepare
the pro forma financial information delivered to the Arrangers and the Lenders (which assumptions are reasonable on the date such pro forma financial statements are made, on the date of delivery thereof and on the Closing Date), are
based on the best information available to the Borrower as of the date of delivery thereof, accurately reflect in all material respects all adjustments required to be made to give effect to the Transactions and present fairly in all material
respects on a pro forma basis the estimated consolidated financial position of the Borrower and its consolidated Subsidiaries as of such date and for such period as if the Transactions had occurred as of such date (in the case of such balance
sheet) or at the beginning of such period (in the case of such other financial statements); it being understood and agreed that such pro forma financial information is not a guarantee of financial performance and actual results may differ
from such pro forma financial information and such differences may be material. 

  
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 SECTION 3.06 No Material Adverse Effect. 

Since December 31, 2016, except as disclosed in the periodic and other reports, proxy statements and other materials filed by the Borrower
or any Subsidiary with the SEC prior to the Closing Date, there has been no event or circumstance that has had or could reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. 

SECTION 3.07 Title to Properties; Possession Under Leases. 

(a) Each of the Borrower and the Subsidiaries has good and marketable title to, or valid leasehold interests in, all its tangible properties
and assets (including all Mortgaged Property), except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes and except
where the failure to have such title or interest could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. All such material tangible properties and assets are free and clear of Liens, other than
Liens expressly permitted by Section 6.02. 
 (b) Each of the Borrower and the Subsidiaries has complied with all obligations under all
leases to which it is a party and all such leases are in full force and effect and except where the failure of such compliance or leases to be in full force and effect could not reasonably be expected to result in, individually or in the aggregate,
a Material Adverse Effect. As of the Closing Date, each of the Borrower and the Subsidiaries enjoys peaceful and undisturbed possession under all material leases. 

(c) As of the Closing Date, the Borrower has not received any notice of, nor has any knowledge of, any pending or contemplated material
condemnation proceeding affecting the Mortgaged Properties or any sale or disposition thereof in lieu of condemnation. 
 (d) As of the
Closing Date, none of the Borrower or any of the Subsidiaries is obligated under any right of first refusal, option or other contractual right to sell, assign or otherwise dispose of any Mortgaged Property or any interest therein. 

SECTION 3.08 Subsidiaries. 

Schedule 3.08 sets forth as of the Closing Date a list of all Subsidiaries and the percentage ownership interest of the Borrower therein.
The shares of capital stock or other ownership interests so indicated on Schedule 3.08 are fully paid and non-assessable (to the extent such concepts are applicable to the capital stock of Subsidiaries that are corporations) and are owned by the
Borrower, directly or indirectly, free and clear of all Liens (other than Liens created under the Security Documents). 

  
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 SECTION 3.09 Litigation; Compliance with Laws. 

(a) Except as disclosed in the periodic and other reports, proxy statements and other materials filed by the Borrower or any Subsidiary with
the SEC prior to the Closing Date, there are no actions, suits, investigations or proceedings at law or in equity or by or before any Governmental Authority now pending or, to the knowledge of the Borrower, threatened in writing against or affecting
the Borrower or any Subsidiary or any business, property or rights of any such Person (i) that involve any Loan Document or the Transactions or (ii) as to which there is a reasonable possibility of a determination that could reasonably be
expected to result in, individually or in the aggregate, a Material Adverse Effect. 
 (b) The Borrower and its Subsidiaries are in full
compliance with the terms of the Permanent Injunction and Final Judgment, entered into on October 21, 2016, by and among the American Addiction Centers, Inc. (formerly known as Forterus, Inc.), Forterus Health Care Services, Inc., ABTTC and the
Bureau of Medi-Cal Fraud and Elder Abuse. 
 (c) None of the Borrower or any of the Subsidiaries or any of their respective properties or
assets is in violation of, nor will the continued operation of their respective properties and assets as currently conducted violate, any law, rule or regulation (including any zoning, building, ordinance, code or approval or any building permits)
or any restrictions of record or agreements affecting the Mortgaged Property, or is in default with respect to any judgment, writ, injunction, decree or order of any Governmental Authority, where such violation or default could reasonably be
expected to result in, individually or in the aggregate, a Material Adverse Effect. Nothing in the foregoing is to be construed as a representation or warranty with respect to Intellectual Property or noninfringement, which is the subject matter of
Section 3.27. 
 (d) Certificates of occupancy and material permits are in effect for each Mortgaged Property as currently constructed.

 (e) Each of the Borrower and the Subsidiaries has all permits, licenses, authorizations and all legally required accreditations
(including, for the avoidance of doubt, all material Healthcare Authorizations) for the operation of its business, except where the failure to have any such licenses, authorizations or accreditations, could not reasonably be expected to result in,
individually or in the aggregate, a Material Adverse Effect. 
 SECTION 3.10 Agreements. 

None of the Borrower or any of the Subsidiaries is in default in any manner under any provision of any indenture or other agreement or
instrument evidencing Indebtedness, or any other agreement or instrument to which it is a party or by which it or any of its properties or assets are or may be bound, where such default could reasonably be expected to result in, individually or in
the aggregate, a Material Adverse Effect. 
 SECTION 3.11 Federal Reserve Regulations. 

(a) None of the Borrower or any of the Subsidiaries is engaged principally, or as one of its important activities, in the business of extending
credit for the purpose of buying or carrying Margin Stock. 

  
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 (b) No part of the proceeds of any Loan or any Letter of Credit will be used, whether directly or
indirectly, and whether immediately, incidentally or ultimately, for any purpose that entails a violation of, or that is inconsistent with, the provisions of the Regulations of the Board, including Regulation T, U or X. 

SECTION 3.12 Investment Company Act. 

None of the Borrower or any Subsidiary is an “investment company” as defined in, or subject to regulation under, the Investment
Company Act of 1940. 
 SECTION 3.13 Use of Proceeds. 

The Borrower will (a) use the proceeds of the Loans (other than Incremental Term Loans) and will request the issuance of Letters of Credit
only for the purposes specified in the preamble to this Agreement and (b) use the proceeds of Incremental Term Loans and Incremental Revolving Credit Loans only for the purposes specified in the applicable Incremental Loan Assumption Agreement.

 SECTION 3.14 Tax Returns. 

Each of the Borrower and the Subsidiaries has timely filed (or caused to be filed), or has timely requested an extension to file or has
received an approved extension to file, all federal income and all other Tax returns or materials required to have been filed by it and has paid or caused to be paid all Taxes due and payable by it and all assessments received by it, except Taxes
that are being contested in good faith by appropriate proceedings and for which the Borrower or such Subsidiary, as applicable, shall have set aside on its books adequate reserves in accordance with GAAP and except any such filings or taxes, fees or
charges, the failure of which to make or pay, could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. 

SECTION 3.15 No Material Misstatements. 

Any information, report, financial statement, exhibit or schedule furnished by or on behalf of the Borrower to the Administrative Agent,
any Arranger or any Lender, taken as a whole, in connection with the negotiation of any Loan Document or included therein or delivered pursuant thereto is complete and correct in all material respects and does not, as of the date on which such
information, report, financial statement, exhibit or schedule was furnished, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements contained therein not materially misleading in
light of the circumstances under which such information, report, financial statement, exhibit or scheduled was made; provided that to the extent any such information, report, financial statement, exhibit or schedule was based upon or
constitutes a forecast, projection or other forward-looking information, such forecast, projection or other forward-looking information furnished by or on behalf of the Borrower to the Administrative Agent, any Arranger or any Lender have
been prepared in good faith based upon assumptions that Borrower believed to be reasonable at the time made and at the time made available to the Administrative Agent, any Arranger or any Lender; it being understood and agreed that projections are
not a guarantee of financial performance and actual results may differ from projections and such differences may be material. 

  
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 SECTION 3.16 Employee Benefit Plans. 

With respect to each Plan, the Borrower is in compliance in all respects with the applicable provisions of ERISA and the Code and the
regulations thereunder, except where such non-compliance could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect to the Borrower. No ERISA Event has occurred or is reasonably expected to occur that,
when taken together with all other such ERISA Events, could reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect to the Borrower or any of its ERISA Affiliates. The present value of all benefit liabilities
under each Plan (based on the assumptions used for purposes of Financial Accounting Standards Board Accounting Standards Codification 715) did not, as of the last annual valuation date applicable thereto, exceed the fair market value of the assets
of such Plan in such amount that could reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, and the present value of all benefit liabilities of all underfunded Plans (based on the assumptions used for
purposes of Financial Accounting Standards Board Accounting Standards Codification 715) did not, as of the last annual valuation dates applicable thereto, exceed the fair market value of the assets of all such underfunded Plans that could reasonably
be expected to result in, individually or in the aggregate, a Material Adverse Effect. As of the most recent valuation date for each Multiemployer Plan, the potential Withdrawal Liability of the Borrower and its ERISA Affiliates for a complete or
partial withdrawal from such Multiemployer Plan is zero. 
 SECTION 3.17 Environmental Matters. 

Except with respect to any matters that could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse
Effect, none of the Borrower or any of the Subsidiaries (i) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permit, license or other approval required under any Environmental Law, (ii) to the
knowledge of the Borrower, has become subject to any Environmental Liability, (iii) has received notice of any claim with respect to any Environmental Liability, (iv) knows of any basis for any Environmental Liability or (v) has
Released any Hazardous Materials or owned or operated any real property on which any Hazardous Materials are present, which, in either case, would reasonably be expected to require any investigation or remedial action by Borrower or of the
Subsidiaries pursuant to any Environmental Law. 
 SECTION 3.18 Insurance. 

The properties of the Borrower and its Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of the
Borrower, in such amounts, with such deductibles and covering such risks as are customarily carried by companies of similar size engaged in similar businesses and owning similar properties in localities where the applicable Loan Party or the
applicable Subsidiary operates. The general liability, casualty, property, terrorism and business interruption insurance coverage of the Loan Parties as in effect on the Closing Date is outlined as to carrier, policy number, expiration date, type,
amount and deductibles on Schedule 3.18 and such insurance coverage complies with the requirements set forth in this Agreement and the other Loan Documents. 

  
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 SECTION 3.19 Security Documents. 

(a) Except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the
enforcement of creditors’ rights generally, (i) the Guarantee and Collateral Agreement, upon execution and delivery thereof by the parties thereto, will create in favor of the Collateral Agent, for the ratable benefit of the Secured
Parties, a legal, valid and enforceable security interest in the Collateral (as defined in the Guarantee and Collateral Agreement) and the proceeds thereof and (ii) when the Pledged Collateral (as defined in the Guarantee and Collateral
Agreement) is delivered to the Collateral Agent, the Lien created under Guarantee and Collateral Agreement shall constitute a fully perfected first priority Lien on, and security interest in, all right, title and interest of the Loan Parties in such
Pledged Collateral, in each case prior and superior in right to any other Person, other than with respect to the rights of Persons pursuant to Permitted Liens and (iii) when financing statements in appropriate form are filed in the appropriate
offices, the Lien created under the Guarantee and Collateral Agreement will constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral in which a security interest may be
perfected by filing (other than in respect of the Intellectual Property as set forth in clause (b) below), in each case prior and superior in right to any other Person, other than with respect to the rights of Persons pursuant to Permitted
Liens. 
 (b) Upon the recordation of the Guarantee and Collateral Agreement (or a short-form security agreement in form and substance
reasonably satisfactory to the Borrower and the Collateral Agent) with the United States Patent and Trademark Office and the United States Copyright Office, together with the financing statements in appropriate form filed in the appropriate offices,
the Lien created under the Guarantee and Collateral Agreement shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in the registered Intellectual Property (as defined in the
Guarantee and Collateral Agreement) in which a security interest may be perfected by filing in the United States and its territories and possessions, in each case prior and superior in right to any other Person, other than with respect to the rights
of Persons pursuant to Permitted Liens (it being understood that subsequent recordings in the United States Patent and Trademark Office and the United States Copyright Office may be necessary to perfect a Lien on registered trademarks and patents,
trademark and patent applications and registered copyrights acquired by the Loan Parties after the date hereof). 
 (c) Except as
enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally, the Mortgages, if any, when delivered, are effective to create in favor of
the Collateral Agent, for the ratable benefit of the Secured Parties, a legal, valid and enforceable Lien on all of the Loan Parties’ right, title and interest in and to the Mortgaged Property thereunder and the proceeds thereof, and when the
Mortgages are filed in the appropriate offices, the Mortgages shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Mortgaged Property and the proceeds thereof, in each case
prior and superior in right to any other Person, other than with respect to the rights of Persons pursuant to Permitted Liens. 

  
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 SECTION 3.20 Location of Real Property and Leased Premises. 

(a) Schedule 3.20(a) lists completely and correctly as of the Closing Date all real property owned by the Borrower and the Subsidiaries
and the addresses thereof. The Borrower and the Subsidiaries own in fee all the real property set forth on Schedule 3.20(a). 
 (b)
Schedule 3.20(b) lists completely and correctly as of the Closing Date all real property leased by the Borrower and the Subsidiaries where any tangible personal property having a value in excess of $2,000,000 is located and the addresses
thereof. The Borrower and the Subsidiaries have valid leases in all the real property set forth on Schedule 3.20(b). 

SECTION 3.21 Labor Matters. 

As of the Closing Date, there are no strikes, lockouts or slowdowns against the Borrower or any Subsidiary pending or, to the knowledge of the
Borrower, threatened in writing. Except as could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, the hours worked by and payments made to employees of the Borrower and the Subsidiaries have not
been in violation of the Fair Labor Standards Act or any other applicable Federal, state, local or foreign law dealing with such matters. Except as could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse
Effect, all payments due from the Borrower or any Subsidiary, or for which any claim may be made against the Borrower or any Subsidiary, on account of wages and employee health and welfare insurance and other benefits, have been paid or accrued as a
liability on the books of the Borrower or such Subsidiary. The consummation of the Transactions will not give rise to any right of termination or right of renegotiation on the part of any union under any collective bargaining agreement to which the
Borrower or any Subsidiary is bound. 
 SECTION 3.22 Solvency. 

Immediately after the consummation of the Transactions to occur on the Closing Date and immediately following the making of each Loan and
issuance of each Letter of Credit and after giving effect to the application of the proceeds of each Loan and each Letter of Credit, the Borrower and its Subsidiaries, on a consolidated basis, are Solvent. 

SECTION 3.23 Senior Indebtedness. 

The Obligations constitute “Senior Debt” and “Designated Senior Debt,” as applicable, under the indenture or other
agreement governing any Subordinated Debt then outstanding. 
 SECTION 3.24 Sanctioned Persons. 

None of the Borrower or any Subsidiary or any director, officer, agent, employee or Affiliate of the Borrower or any Subsidiary is currently
the subject or target of any sanctions administered by the U.S. government (including the Office of Foreign Assets Control of the U.S. Department of the Treasury and the U.S. Department of State), the United Nations Security Council, the European
Union or any European Union member state, the United Kingdom (including Her Majesty’s Treasury) or any other relevant national or supra-national sanctions authority (collectively, “Sanctions”); and the Borrower will not,
directly or indirectly, use the 

  
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proceeds of the Loans or the Letters of Credit or otherwise make available such proceeds to any Person to finance any activities or business of or with any Person that is the subject or target of
any Sanctions, or in any Designated Jurisdiction, or otherwise in any manner that constitutes or would give rise to a violation of Sanctions by any Person, including any Lender. 

SECTION 3.25 USA PATRIOT Act. 

To the extent applicable, each Loan Party is in compliance with all laws or regulations concerning or relating to terrorism financing or money
laundering, including the USA PATRIOT Act. 
 SECTION 3.26 Foreign Corrupt Practices Act. 

Each of the Borrower and the Subsidiaries and their respective directors, officers, agents, employees and any Person acting for
or on behalf of the Borrower or any Subsidiary, has complied with, and will comply with, the U.S. Foreign Corrupt Practices Act, as amended from time to time (the “FCPA”), and any other applicable anti-bribery, anti-terrorism
or anti-corruption law, and it and they have not made, offered, promised or authorized, and will not make, offer, promise or authorize, whether directly or indirectly, any payment of anything of value to a Government Official while knowing or having
a reasonable belief that all or some portion will be used for the purpose of: (a) influencing any act, decision or failure to act by a Government Official in his or her official capacity, (b) inducing a Government Official to use his or
her influence with a government or instrumentality to affect any act or decision of such government or entity or (c) securing an improper advantage, in each case in order to obtain, retain, or direct business. 

SECTION 3.27 Intellectual Property. 

(a) Except as could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, each of the Borrower
and the Subsidiaries own, or hold licenses in or sufficient rights to use, the Intellectual Property used in and necessary to the conduct of the business of the Borrower and each of the Subsidiaries as such business is currently conducted. Attached
hereto as Schedule 3.27(a) (which the Borrower may amend from time to time provided that notice and copies thereof are provided to the Administrative Agent in accordance with Section 5.13 is a true, correct, and complete listing of all
material (i) issued patents and patent applications, (ii) registered trademarks and trademark applications, (iii) registered domain names and (iv) registered copyrights and works for which an application to register the copyright
has been filed, as to which the Borrower or any Subsidiary is the owner and which is used in and necessary to the conduct of the business of the Borrower and each of the Subsidiaries as such business is currently conducted. Except as could not
reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, no claim has been asserted in writing and is pending by any Person challenging or questioning the use of any such Intellectual Property or the validity
or effectiveness of any such Intellectual Property, nor does the Borrower or any Subsidiary know of any valid basis for any such claim. To the knowledge of each of the Borrower and the Subsidiaries, the conduct of the business of each of the
Borrower and the Subsidiaries as currently conducted does not infringe, misappropriate or otherwise violate the Intellectual Property of any Person, except as could not reasonably be expected to result in, individually or in the aggregate, a
Material Adverse Effect. 

  
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 (b) To the knowledge of each of the Borrower and the Subsidiaries, on and as of the date hereof,
there is no material violation by others of any right of the Borrower or any Subsidiary with respect to any Intellectual Property owned by the Borrower or any Subsidiary. 

(c) The Borrower and each of the Subsidiaries have taken actions reasonably necessary to protect their respective material Intellectual
Property owned by the Borrower or any Subsidiary, including, to the extent necessary, (i) protecting the secrecy and confidentiality of the confidential information and trade secrets of the Borrower and the Subsidiaries, (ii) taking
commercially reasonable steps to prevent any trade secret of the Borrower or any Subsidiary from falling into the public domain and (iii) using commercially reasonable efforts to protect the secrecy and confidentiality of all software of which
the Borrower or any Subsidiary is the owner. 
 (d) Each of the Borrower and the Subsidiaries has made all reasonably necessary payments,
filings and recordations to protect and maintain its interest in material registered Intellectual Property used in the conduct of the business of each of the Borrower and the Subsidiaries as currently conducted in the United States of America or any
other jurisdiction in which such material registered Intellectual Property is filed, including (i) making all necessary registration, maintenance, and renewal fee payments, and (ii) filing all reasonably necessary documents, including all
applications for registration of copyright, trademarks and patents with respect to such material registered Intellectual Property. 
 (e)
Except as could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, the Borrower and each of the Subsidiaries is in compliance with all agreements relating to the license or transfer of Intellectual
Property to or from the Borrower or any Subsidiary. 
 SECTION 3.28 Healthcare Matters. 

(a) Each of the Borrower and its Subsidiaries is in compliance with all Healthcare Laws applicable to it and its assets, business or
operations, except such non-compliance that could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. To the extent any of the following would violate any law applicable to the Borrower or any
Subsidiary and except where such non-compliance could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, no officer, manager or, to Borrower’s knowledge, employee of Borrower or any Subsidiary
or Person with a “direct or indirect ownership interest” (as that phrase is defined in 42 C.F.R. §420.201) in any Loan Party has: (i) had a civil monetary penalty assessed against him or her pursuant to 42 U.S.C. §1320a-7a;
(ii) been convicted (as that term is defined in 42 C.F.R. §1001.2) of any of those offenses described in 42 U.S.C. §1320a-7b or 18 U.S.C. §§669, 1035, 1347, 1518, including any of the following categories of offenses:
(A) criminal offenses under federal or state law relating to patient neglect or abuse in connection with the delivery of a healthcare item or service, (B) criminal offenses under laws related to fraud and abuse, theft, embezzlement, false
statements to third parties, money laundering, kickback, breach of fiduciary responsibility or other financial misconduct in connection with the delivery of a healthcare item or service or with 

  
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respect to any act or omission in a program operated by or financed in whole or in part by any federal, state or local governmental agency, (C) laws relating to the interference with or
obstruction of any investigations into any criminal offenses described in this Section 3.28, or (D) criminal offenses under laws relating to the unlawful manufacturing, distribution, prescription or dispensing of a controlled substance; or
(iii) been named in a Governmental Authority unsealed complaint made, or any other action taken pursuant to, the False Claims Act. 

(b) To the Borrower’s knowledge, there is no audit, claim, action, suit, investigation or administrative or other legal proceeding pending
or threatened in writing against the Borrower or any Subsidiary relating to the Borrower’s or any Subsidiary’s participation in any Nongovernmental Payor program, except as could not reasonably be expected to result in, individually or in
the aggregate, a Material Adverse Effect. To the Borrower’s knowledge, no Nongovernmental Payor has requested or threatened in writing any recoupment, refund or set-off from the Borrower or any Subsidiary, which could reasonably be expected to
result in, individually or in the aggregate, a Material Adverse Effect. To the Borrower’s knowledge, there is no suit, claim, action, proceeding, arbitration, mediation or investigation pending or received or threatened in writing against the
Borrower or any of Subsidiaries which relates in any way to a violation of any legal requirement pertaining to any Nongovernmental Payor, except where any such violation could not reasonably be expected to result in, individually or in the
aggregate, a Material Adverse Effect. 
 (c) Except as could not reasonably be expected to result in, individually or in the aggregate, a
Material Adverse Effect on the ability of the Borrower and the Subsidiaries to conduct their respective businesses in the ordinary course consistent with past practice, each of the Borrower and Subsidiaries is in compliance with all applicable
Healthcare Laws regarding the selection, deselection, and credentialing of employed contractors of professional services, including, but not limited to, verification of licensing status and eligibility for reimbursement under Nongovernmental Payor
programs. Except as could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect on the ability of the Borrower and Subsidiaries to conduct their respective businesses in the ordinary course consistent
with past practice, all of Borrower’s and the Subsidiaries’ employed contractors of professional services are properly licensed and hold appropriate clinical privileges and provider numbers, as applicable, for the services which they
provide. 
 (d) Each of the Borrower and the Subsidiaries has all Healthcare Authorizations for the operation of its business, except where
the failure to have any such Healthcare Authorizations to operate its business could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. All Healthcare Authorizations have been duly obtained and are
in full force and effect without any known conflict with the rights of others and free from any restrictions, except where the failure to duly obtain such Healthcare Authorizations and maintain them in full force and effect without any known
conflict with the rights of others and free from restrictions could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. 

  
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 (e) To the extent applicable to Borrower, any Subsidiary, or any Person acting on behalf of
Borrower or any Subsidiary, and for so long as (1) Borrower, any Subsidiary, or any Person acting on behalf of Borrower or any Subsidiary, is a “covered entity” as defined in 45 C.F.R. § 160.103, (2) Borrower, any
Subsidiary, or any Person acting on behalf of Borrower or any Subsidiary, is a “business associate” as defined in 45 C.F.R. § 160.103, (3) Borrower, any Subsidiary, or any Person acting on behalf of Borrower or any Subsidiary, is
subject to or covered by the HIPAA Administrative Requirements codified at 45 C.F.R. Parts 160 & 162 and/or the HIPAA Security and Privacy Requirements codified at 45 C.F.R. Parts 160 & 164, and/or (4) Borrower, any
Subsidiary, or any Person acting on behalf of Borrower or any Subsidiary, sponsors any “group health plans” as defined in 45 C.F.R. § 160.103, Borrower, such Subsidiary or any Person acting on behalf of Borrower or any Subsidiary, as
the case may be, is compliant with HIPAA, except any noncompliance that could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. 

ARTICLE IV 
 Conditions of
Lending 
 The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder are subject to
the satisfaction of the following conditions: 
 SECTION 4.01 All Credit Events. On
the date of each Borrowing (other than a conversion or a continuation of a Borrowing), including on the date of each issuance, amendment, extension or renewal of a Letter of Credit (each such event being called a “Credit
Event”): 
 (a) The Administrative Agent shall have received a notice of such Borrowing as required by
Section 2.03 (or such notice shall have been deemed given in accordance with Section 2.02) or, in the case of the issuance, amendment, extension or renewal of a Letter of Credit, the Issuing Bank and the Administrative Agent shall have
received a notice requesting the issuance, amendment, extension or renewal of such Letter of Credit as required by Section 2.22(b). 

(b) Except to the extent expressly set forth in Section 2.23(c)(i), the representations and warranties set forth in Article III and
in each other Loan Document shall be true and correct in all material respects on and as of the date of such Credit Event with the same effect as though made on and as of such date, except to the extent such representations and warranties expressly
relate to an earlier date and except that such materiality qualifier shall not be applicable to any representation and warranty that is already qualified by materiality. 

(c) Except to the extent expressly set forth in Section 2.23(c)(i), at the time of and immediately after such Credit Event, no Default or
Event of Default shall have occurred and be continuing. 
 Each Credit Event shall be deemed to constitute a representation and warranty by
the Borrower on the date of such Credit Event as to the matters specified in paragraphs (b) and (c) of this Section 4.01. 

  
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 SECTION 4.02 First Credit Event. Except as otherwise
expressly set forth on Schedule 5.17, on the Closing Date: 
 (a) The Administrative Agent shall have received,
on behalf of itself, the Lenders and the Issuing Bank, a written opinion of Bass Berry & Sims PLC, Tennessee counsel to the Loan Parties, Ballard Spahr LLP, Nevada counsel to the Loan Parties, and Hodgson Russ LLP, New York counsel to the
Loan Parties, (i) dated the Closing Date, (ii) addressed to the Issuing Bank, the Administrative Agent, the Arrangers and the Lenders, and (iii) covering such matters relating to the Loan Documents and the Transactions as the
Administrative Agent shall reasonably request, and the Borrower hereby requests such counsel to deliver such opinions. 
 (b) The
Administrative Agent shall have received (i) a copy of the certificate or articles of incorporation, including all amendments thereto, of each Loan Party, certified as of a recent date by the Secretary of State of the state of its organization,
and a certificate as to the good standing of each Loan Party as of a recent date, from such Secretary of State; (ii) a certificate of the Secretary or Assistant Secretary of each Loan Party dated the Closing Date and certifying (A) that
attached thereto is a true and complete copy of the by-laws of such Loan Party as in effect on the Closing Date and at all times since a date prior to the date of the resolutions described in clause (B) below, (B) that attached thereto is
a true and complete copy of resolutions duly adopted by the board of directors of such Loan Party authorizing the execution, delivery and performance of the Loan Documents to which such Person is a party and, in the case of the Borrower, the
borrowings hereunder, and that such resolutions have not been modified, rescinded or amended and are in full force and effect, (C) that the certificate or articles of incorporation of such Loan Party have not been amended since the date of the
last amendment thereto shown on the certificate of good standing furnished pursuant to clause (i) above, and (D) as to the incumbency and specimen signature of each officer executing any Loan Document or any other document delivered in
connection herewith on behalf of such Loan Party; (iii) a certificate of another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary executing the certificate pursuant to clause (ii) above; and
(iv) such other documents as the Lenders, the Issuing Bank or the Administrative Agent may reasonably request. 
 (c) The Administrative
Agent shall have received a certificate, dated the Closing Date and signed by a Financial Officer of the Borrower, confirming compliance with the conditions precedent set forth in paragraphs (b) and (c) of Section 4.01 and paragraph
(i) of this Section 4.02. 
 (d) The Administrative Agent, the Arrangers and the Lenders shall have received all Fees and other
amounts due and payable on or prior to the Closing Date, including, to the extent invoiced, reimbursement or payment of all reasonable out-of-pocket expenses required to
be reimbursed or paid by the Borrower hereunder or under any other Loan Document. 
 (e) The Security Documents shall have been duly executed
by each Loan Party that is to be a party thereto and shall be in full force and effect on the Closing Date. The Collateral Agent on behalf of the Secured Parties shall have a security interest in the Collateral of the type and priority described in
each Security Document. 

  
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 (f) The Collateral Agent shall have received a Perfection Certificate with respect to the Loan
Parties dated the Closing Date and duly executed by a Responsible Officer of the Borrower, and shall have received the results of a search of the Uniform Commercial Code filings (or equivalent filings) made with respect to the Loan Parties in the
states (or other jurisdictions) of formation of such Persons, in which the chief executive office of each such Person is located and in the other jurisdictions in which such Persons maintain property, in each case as indicated on such Perfection
Certificate, together with copies of the financing statements (or similar documents) disclosed by such search, and accompanied by evidence reasonably satisfactory to the Collateral Agent that the Liens indicated in any such financing statement (or
similar document) would be permitted under Section 6.02 or have been or will be contemporaneously released or terminated. 
 (g)
(i) Subject to Section 5.17, each of the Security Documents, in form and substance reasonably satisfactory to the Lenders, relating to each of the Mortgaged Properties shall have been duly executed by the parties thereto and delivered
to the Collateral Agent and shall be in full force and effect, (ii) each of such Mortgaged Properties shall not be subject to any Lien other than those permitted under Section 6.02, (iii) subject to Section 5.17, each of such
Security Documents shall have been delivered to the title insurance company to be filed and recorded in accordance with Section 3.19 (provided that in jurisdictions that impose mortgage recording taxes, such Security Documents shall not
secure indebtedness in an amount exceeding 110% of the fair market value of the Mortgaged Property, as reasonably determined in good faith by the Loan Parties and reasonably acceptable to Collateral Agent), (iv) the applicable Loan Party shall
have used commercially reasonable efforts to obtain a Landlord Personal Property Collateral Access Agreement executed by the landlord of any real property leased by the Borrower and the Subsidiaries at which tangible personal property with a value
in excess of $10,000,000 is located and by the applicable Loan Party for the benefit of Collateral Agent and (v) the Collateral Agent shall have received such other documents, including but not limited to a policy or policies of title insurance
issued by a nationally recognized title insurance company, together with such endorsements, coinsurance and reinsurance as may be requested by the Collateral Agent and the Lenders, insuring the Mortgages as valid first liens on the Mortgaged
Properties, free of Liens other than those permitted under Section 6.02, together with such surveys (or existing surveys, together with affidavits stating there has been no change, that are acceptable to the title insurance company) and legal
opinions and flood zone determinations required to be furnished pursuant to the terms of the Mortgages or as reasonably requested by the Collateral Agent or the Lenders. 

(h) The Administrative Agent shall have received a copy of, or a certificate as to coverage under, the insurance policies required by
Section 5.02 and the applicable provisions of the Security Documents, each of which shall be endorsed or otherwise amended to include a customary lender’s loss payable endorsement and to name the Collateral Agent as additional insured, in
form and substance reasonably satisfactory to the Administrative Agent. 
 (i) All principal, premium, if any, interest, fees and other
amounts due or outstanding under the Existing Indebtedness shall have been paid in full, the commitments thereunder terminated and all guarantees and security in support thereof discharged and released, and the Administrative Agent shall have
received reasonably satisfactory evidence thereof. Immediately after giving effect to the Transactions and the other transactions contemplated hereby, the Borrower and the Subsidiaries shall have outstanding no Indebtedness or preferred stock other
than (i) Indebtedness outstanding under this Agreement and (ii) Indebtedness set forth on Schedule 6.01. 

  
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 (j) The Arrangers and the Lenders shall have received the financial statements referred to in
Section 3.05. 
 (k) The Administrative Agent, the Arrangers and the Lenders shall have received a certificate from the chief financial
officer of the Borrower in form and substance reasonably satisfactory to the Arrangers certifying that the Borrower and its Subsidiaries, on a consolidated basis after giving effect to the Transactions, are Solvent. 

(l) All requisite Governmental Authorities and third parties shall have approved or consented to the Transactions and the other transactions
contemplated hereby to the extent required, all applicable appeal periods shall have expired and there shall not be any pending or threatened litigation, governmental, administrative or judicial action that could reasonably be expected to restrain,
prevent or impose burdensome conditions on the Transactions or the other transactions contemplated hereby in any material respect. 
 (m) The
Administrative Agent, the Arrangers and the Lenders shall have received, at least five Business Days prior to the Closing Date, all documentation and other information required by regulatory authorities under applicable “know your
customer” and anti-money laundering rules and regulations, including the USA PATRIOT Act. 
 ARTICLE V 

Affirmative Covenants 

The Borrower covenants and agrees with each Lender that so long as this Agreement shall remain in effect and until the Commitments have been
terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document shall have been paid in full and all Letters of Credit have been canceled or have expired and all amounts drawn
thereunder have been reimbursed in full (or, with respect to outstanding Letters of Credit, have been fully Cash Collateralized), unless the Required Lenders shall otherwise consent in writing, the Borrower will, and will cause each of the
Subsidiaries to: 
 SECTION 5.01 Existence; Compliance with Laws; Businesses and Properties. 

(a) Do or cause to be done all things reasonably necessary to preserve, renew and keep in full force and effect its legal existence, except as
otherwise expressly permitted under Section 6.05. 
 (b) Do or cause to be done all things reasonably necessary to obtain, preserve,
renew, extend and keep in full force and effect the rights, licenses, permits, franchises, authorizations, registrations, patents, copyrights, trademarks and trade names material to the conduct of its business (including, for the avoidance of doubt,
the Healthcare Authorizations), except as could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect; maintain and operate such business in substantially the manner in which it is presently conducted
and operated (other than as permitted by Section 6.08); comply in all material respects with all applicable laws, rules, regulations and decrees and orders of any Governmental Authority, whether now in effect or hereafter enacted, except as
could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect; and at all times 

  
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maintain and preserve all property material to the conduct of such business and keep such property in good repair, working order and condition (ordinary wear and tear and casualty or condemnation
exempt) and from time to time make, or cause to be made, all repairs, renewals, additions, improvements and replacements thereto that are required or necessary to the conduct of their business, except as could not reasonably be expected to result
in, individually or in the aggregate, a Material Adverse Effect. 
 (c) Comply with all Contractual Obligations and Requirements of Law
(including, without limitation ERISA, Sanctions, the USA PATRIOT Act, the FCPA, all applicable anti-bribery, anti-terrorism, anti-money laundering laws and all applicable Environmental Laws), except, other than in the case of the USA PATRIOT Act,
the FCPA or Sanctions, (x) to the extent that failure to comply therewith could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect or (y) such instances in which such Contractual Obligation
or Requirement of Law is being contested in good faith by appropriate proceedings diligently conducted. 

SECTION 5.02 Insurance. 

(a) Keep its insurable properties adequately insured at all times by financially sound and reputable insurers; maintain such other insurance,
to such extent and against such risks, including fire and other risks insured against by extended coverage, as is customary with companies in the same or similar businesses operating in the same or similar locations, including public liability
insurance against claims for personal injury or death or property damage occurring upon, in, about or in connection with the use of any properties owned, occupied or controlled by it; and maintain such other insurance as may be required by law. 

(b) Cause all such policies covering any Collateral to be endorsed or otherwise amended to include a customary lender’s loss payable
endorsement, in form and substance reasonably satisfactory to the Administrative Agent and the Collateral Agent, which endorsement shall provide, to the extent such provisions are obtainable by the use of commercially reasonable efforts, that, from
and after the Closing Date, if the insurance carrier shall have received written notice from the Administrative Agent or the Collateral Agent of the occurrence of an Event of Default, the insurance carrier shall pay all proceeds otherwise payable to
the Borrower or the Loan Parties under such policies directly to the Collateral Agent; cause all such policies to provide that neither the Borrower, the Administrative Agent, the Collateral Agent nor any other party shall be a coinsurer thereunder
and to contain a “Replacement Cost Endorsement”, without any deduction for depreciation, and such other provisions as the Administrative Agent or the Collateral Agent may reasonably require from time to time to protect their interests; if
requested by the Collateral Agent, deliver original or certified copies of all such policies to the Collateral Agent; will use commercially reasonable efforts to cause each such policy to provide that it shall not be canceled, modified or not
renewed (i) by reason of nonpayment of premium upon not less than 10 days’ prior written notice thereof by the insurer to the Administrative Agent and the Collateral Agent (giving the Administrative Agent and the Collateral Agent the right
to cure defaults in the payment of premiums) or (ii) for any other reason upon not less than 30 days’ prior written notice thereof by the insurer to the Administrative Agent and the Collateral Agent; deliver to the Administrative
Agent and the Collateral Agent, prior to the cancellation, modification or nonrenewal of any such policy of insurance, a copy of a renewal or replacement policy (or other evidence of renewal of a policy previously delivered to the Administrative
Agent and the Collateral Agent) together with evidence reasonably satisfactory to the Administrative Agent and the Collateral Agent of payment of the premium therefor. 

  
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 (c) If at any time the area in which the Premises (as defined in the Mortgages) are located is
designated (i) a “flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), obtain flood insurance in such total amount as the Administrative Agent, the
Collateral Agent or any Lender may from time to time require, and otherwise comply with the National Flood Insurance Program as set forth in the Flood Disaster Protection Act of 1973, as it may be amended from time to time, or (ii) a
“Zone 1” area, obtain earthquake insurance in such total amount as the Administrative Agent, the Collateral Agent or the Required Lenders may from time to time require. 

(d) Carry and maintain comprehensive general liability insurance and umbrella liability insurance against any and all claims, in no event for a
combined single limit of less than that which is customary for companies in the same or similar businesses operating in the same or similar locations, naming the Collateral Agent as an additional insured, on forms reasonably satisfactory to the
Collateral Agent. 
 SECTION 5.03 Obligations and Taxes. 

Pay its Material Indebtedness and other obligations promptly and in accordance with their terms and pay and discharge promptly when due
all federal income Taxes and all other Taxes imposed upon it or upon its income or profits or in respect of its property, before the same shall become delinquent or in default, as well as all lawful claims for labor, materials and supplies or
otherwise that, if unpaid, might give rise to a Lien (other than Permitted Liens) upon such properties or any material part thereof; provided, however, that such payment and discharge shall not be required with respect to any such
other obligation or Tax so long as (i) the validity or amount thereof shall be contested in good faith by appropriate proceedings and the Borrower shall have set aside on its books adequate reserves with respect thereto in accordance with GAAP
and such contest operates to suspend collection of the contested obligation or Tax and enforcement of a Lien and, in the case of a Mortgaged Property, there is no risk of forfeiture of such property or (ii) the failure to pay and discharge such
other obligation or Tax could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. 

SECTION 5.04 Financial Statements, Reports, etc. 

In the case of the Borrower, furnish to the Administrative Agent, which shall furnish to each Lender: 

(a) upon the earlier of the date that is ninety (90) days after the end of each fiscal year of the Borrower and the date such information
is filed with the SEC, a consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal year, and the related consolidated statements of income or operations, changes in equity holders’ equity and cash flows for
such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail and prepared in accordance with GAAP, audited and accompanied by a report and opinion of BDO USA, LLP, or such other
independent certified public accountant of nationally recognized standing reasonably acceptable to the Administrative Agent, which report and opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject
to any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit; 

  
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 (b) upon the earlier of the date that is forty-five (45) days after the end of each of the
first three fiscal quarters of each fiscal year of the Borrower and the date such information is filed with the SEC, a consolidated balance sheet of the Borrower and its Subsidiaries as at the end of such fiscal quarter, and the related consolidated
statements of income or operations, changes in equity holders’ equity and cash flows for such fiscal quarter and for the portion of the Borrower’s fiscal year then ended, setting forth in each case in comparative form the figures for the
corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal year, all in reasonable detail and prepared in accordance with GAAP certified by the chief executive officer, chief financial officer,
treasurer or controller who is a Responsible Officer of the Borrower as fairly presenting the financial condition, results of operations, equity holders’ equity and cash flows of the Borrower and its Subsidiaries, subject only to normal
year-end audit adjustments and the absence of footnotes; 
 (c) concurrently with any delivery of financial statements under paragraph
(a) or (b) above, a certificate of a Financial Officer in the form of Exhibit G (i) certifying that no Event of Default or Default has occurred or, if such an Event of Default or Default has occurred, specifying the nature and extent
thereof and any corrective action taken or proposed to be taken with respect thereto and (ii) in the case of a certificate delivered with the financial statements required by paragraph (a) above, setting forth the Borrower’s
calculation of Excess Cash Flow and in reasonable detail the Available Amount as at the end of the fiscal year to which such financial statements relate; 

(d) as soon as available, but in any event within sixty (60) days after the end of each fiscal year of the Borrower, an annual business
plan and budget of the Borrower and its Subsidiaries on a consolidated basis, including forecasts prepared by management of the Borrower, in form satisfactory to the Administrative Agent and the Required Lenders, of consolidated balance sheets and
statements of income or operations and cash flows of the Borrower and its Subsidiaries on a monthly basis for the immediately following fiscal year; 

(e) promptly after the same become publicly available, copies of all periodic and other reports, proxy statements and other materials filed by
the Borrower or any Subsidiary with the SEC, or any Governmental Authority succeeding to any or all of the functions of the SEC, or with any national securities exchange, or distributed to its equity holders, as the case may be; 

(f) promptly after the receipt thereof by the Borrower or any of its subsidiaries, a copy of any “management letter” received by any
such Person from its certified public accountants and the management’s response thereto; 
 (g) promptly after the request by any
Lender, all documentation and other information that such Lender reasonably requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the USA
PATRIOT Act; 

  
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 (h) promptly after the request by the Administrative Agent or any Lender, copies of
(i) any documents described in Section 101(k)(1) of ERISA that the Borrower or any of its ERISA Affiliates may request with respect to any Multiemployer Plan and (ii) any notices described in Section 101(l)(1) of ERISA that the
Borrower or any of its ERISA Affiliates may request with respect to any Multiemployer Plan; provided that if the Borrower or any of its ERISA Affiliates has not requested such documents or notices from the administrator or sponsor of the
applicable Multiemployer Plan, the Borrower or the applicable ERISA Affiliate shall promptly make a request for such documents or notices from such administrator or sponsor and shall provide copies of such documents and notices promptly after
receipt thereof; and 
 (i) promptly, from time to time, such other information regarding the operations, business affairs and
financial condition of the Borrower or any Subsidiary, or compliance with the terms of any Loan Document, as the Administrative Agent or any Lender may reasonably request. 

Documents required to be delivered pursuant to Section 5.04(a) or (b) or Section 5.04(e) (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 (a) on which the Borrower posts such documents, or provides a link thereto
on the Borrower’s website on the Internet; or (b) 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) the Borrower shall deliver paper copies of such documents to the Administrative Agent or any Lender upon its request to the Borrower to
deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrower shall notify the Administrative Agent and each Lender (by fax transmission or e-mail
transmission) of the posting of any such documents and provide to the Administrative Agent by e-mail electronic versions (i.e., soft copies) of such documents. The Administrative Agent shall have no obligation to request the delivery of or to
maintain paper 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 by a Lender for delivery, and each Lender shall be solely responsible for requesting
delivery to it or maintaining its copies of such documents. 
 SECTION 5.05 Litigation and Other Notices.

 Furnish to the Administrative Agent, the Issuing Bank and each Lender prompt written notice of the following: 

(a) any Event of Default or Default, specifying the nature and extent thereof and the corrective action (if any) taken or proposed to be taken
with respect thereto; 
 (b) the filing or commencement of, or any threat or notice of intention of any Person to file or commence, any
action, suit, investigation or proceeding, whether at law or in equity or by or before any Governmental Authority, against the Borrower or any Affiliate thereof that could reasonably be expected to result in, individually or in the aggregate, a
Material Adverse Effect; 

  
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 (c) the occurrence of (i) any ERISA Event that, alone or together with any other ERISA
Events that have occurred, could reasonably be expected to result in liability of the Borrower and the Subsidiaries in an aggregate amount exceeding $5,000,000, (ii) the adoption of any new Plan by the Borrower or any ERISA Affiliate,
(iii) the adoption of an amendment to a Plan if such amendment results in a material increase in benefits or unfunded liabilities, or (iv) the commencement of contributions by the Borrower or any ERISA Affiliate to a Plan or Multiemployer
Plan; 
 (d) any event or occurrence that has resulted in, or could reasonably be expected to result in, individually or in the aggregate, a
Material Adverse Effect; and 
 (e) any change in the Borrower’s corporate rating by S&P, in the Borrower’s corporate family
rating by Moody’s or in the ratings of the Credit Facilities by S&P or Moody’s, or any notice from either such agency indicating its intent to effect such a change or to place the Borrower or the Credit Facilities on a
“CreditWatch” or “WatchList” or any similar list, in each case with negative implications, or its cessation of, or its intent to cease, rating the Borrower or the Credit Facilities. 

SECTION 5.06 Information Regarding Collateral. 

(a) Furnish to the Administrative Agent prompt written notice of any change (i) in any Loan Party’s corporate name, (ii) in the
jurisdiction of organization or formation of any Loan Party, (iii) in any Loan Party’s identity or corporate structure or (iv) in any Loan Party’s Federal Taxpayer Identification Number. The Borrower agrees not to effect or
permit any change referred to in the preceding sentence unless all filings have been made, or will be made within 30 days following such change (or such longer date as the Collateral Agent may agree in its sole discretion), under the Uniform
Commercial Code or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral. The Borrower also agrees promptly to notify
the Administrative Agent if any material portion of the Collateral is damaged or destroyed. 
 (b) In the case of the Borrower, each year, at
the time of delivery of the annual financial statements with respect to the preceding fiscal year pursuant to Section 5.04(a), deliver to the Administrative Agent a certificate of a Financial Officer setting forth any information required
pursuant to Sections 1, 3, 5, 8, 9 and 11 of the Perfection Certificate (or to the extent such request relates to specific information contained in the Perfection Certificate, such information) or confirming that there has been no change in such
information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section 5.06. 

SECTION 5.07 Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings. 

(a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP in all material respects and all
Requirements of Law in all material respects are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated 

  
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by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of such Person at reasonable times and as often as reasonably requested and to make
extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of such Person with the officers thereof and independent
accountants therefor (subject to reasonable requests for confidentiality, including as may be imposed by law or contract); provided that absent the existence of a Default or an Event of Default, inspections pursuant to this Section 5.07
shall be limited to one time per fiscal year. 
 (b) In the case of the Borrower, at all times after ratings have been obtained, use
commercially reasonable efforts to (a) maintain a public corporate credit rating from S&P and a public corporate family rating from Moody’s, in each case in respect of the Borrower and (b) maintain public ratings from S&P and
Moody’s, in each case in respect of the Credit Facilities. 
 SECTION 5.08 Use of Proceeds. 

Use the proceeds of the Loans and request the issuance of Letters of Credit only for the purposes specified in Section 3.13 and subject to
Section 3.24. 
 SECTION 5.09 Employee Benefits. 

(a) Except to the extent that could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect,
comply with the applicable provisions of ERISA and the Code applicable to each employee benefit plan, (b) furnish to the Administrative Agent as soon as possible after, and in any event within ten days after any Responsible Officer of the
Borrower or any ERISA Affiliate knows or has reason to know that, any ERISA Event has occurred that, alone or together with any other ERISA Event could reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect,
a statement of a Financial Officer of the Borrower setting forth details as to such ERISA Event and the action, if any, that the Borrower proposes to take with respect thereto and, when known, any action taken or threatened by the Internal Revenue
Service, the Department of Labor or the PBGC with respect thereto, and (c) with reasonable promptness, furnish to the Administrative Agent copies of (i) all written notices received by the Borrower or any of its ERISA Affiliates from a
Multiemployer Plan sponsor concerning such ERISA Event and (ii) such other documents or governmental reports or findings relating to any Plan as the Administrative Agent shall reasonably request (but only to the extent in the possession of any
Loan Parties or any of their respective Subsidiaries). 
 SECTION 5.10 Compliance with Environmental Laws.

 Except to the extent that could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse
Effect, comply, and cause all lessees and any other Person occupying its properties under an agreement with, or with the consent of, Borrower or any Subsidiary to comply, in all material respects with all Environmental Laws with respect to its
operations and properties; obtain, maintain and renew all material environmental permits necessary for its operations and properties; and conduct any remedial action to the extent required by law and in accordance with Environmental Laws;
provided, however, that neither the Borrower nor any Subsidiary shall be required to undertake any remedial action required by Environmental Laws to the extent that its obligation to do so is being contested in good faith and by proper
proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP. 

  
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 SECTION 5.11 Preparation of Environmental Reports. 

If a Default caused by reason of a breach of Section 3.17 or Section 5.10 shall have occurred and be continuing for more than
20 days without the Borrower or any Subsidiary commencing activities reasonably likely to cure such Default, at the written request of the Required Lenders through the Administrative Agent, provide to the Lenders within 45 days after such
request, at the expense of the Loan Parties, an environmental site assessment report regarding the matters which are the subject of such Default prepared by an environmental consulting firm reasonably acceptable to the Administrative Agent and
indicating the presence or absence of Hazardous Materials and the estimated cost of any compliance or remedial action in connection with such Default. 

SECTION 5.12 Further Assurances. 

Execute any and all further documents, financing statements, agreements and instruments, and take all further action (including filing
Uniform Commercial Code and other financing statements, mortgages and deeds of trust) that may be required under applicable law, or that the Required Lenders, the Administrative Agent or the Collateral Agent may reasonably request, in order to
effectuate the transactions contemplated by the Loan Documents and in order to grant, preserve, protect and perfect the validity and priority of the security interests created or intended to be created by the Security Documents. The Borrower will
cause any subsequently acquired or organized Material Subsidiary (or any Subsidiary that becomes a Material Subsidiary) to become a Loan Party by executing the Guarantee and Collateral Agreement and each other applicable Security Document in favor
of the Collateral Agent. In addition, from time to time, the Borrower will, at its cost and expense, promptly secure the Obligations by pledging or creating, or causing to be pledged or created, perfected security interests with respect to such of
its assets and properties as the Administrative Agent or the Required Lenders shall designate (it being understood that it is the intent of the parties that the Obligations shall be secured by substantially all the assets of the Borrower and the
Subsidiary Guarantors (including all real and other properties acquired subsequent to the Closing Date, but excluding (a) fee owned real property (or any interest in real property) with an aggregate fair market value (in the Borrower’s
reasonable good faith determination) less than $15,000,000 to the extent acquired subsequent to the Closing Date, but provided that any individual parcel of fee owned real property (or any interest in real property) with a fair market value (in the
Borrower’s reasonable good faith determination) greater than $5,000,000 acquired subsequent to the Closing Date shall be so pledged, (b) the Healthcare Facilities set forth on Schedule 6.03 and (c) all real property leasehold
interests; provided that the Borrower may, in its sole discretion, elect to grant a Mortgage over any fee owned real property (or any interest in real property) in accordance with this Section 5.12. Such security interests and
Liens will be created under the Security Documents and other security agreements, mortgages, deeds of trust and other instruments and documents in form and substance reasonably satisfactory to the Collateral Agent, and the Borrower shall deliver or
cause to be delivered to the Lenders all such instruments and documents (including instruments and documents required under Section 4.02(g), legal opinions, 

  
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title insurance policies and lien searches) as the Collateral Agent shall reasonably request to evidence compliance with this Section 5.12. The Borrower agrees to provide such evidence as
the Collateral Agent shall reasonably request as to the perfection and priority status of each security interest and Lien created or required to be created under any Loan Document. In furtherance of the foregoing, the Borrower will give prompt
notice to the Administrative Agent of the acquisition by it or any of the Subsidiaries of any fee owned real property (or any interest in real property) having a value equal to or in excess of $5,000,000 (excluding any real property leasehold
interest). Notwithstanding the foregoing, no Loan Party shall be required to pledge or grant security interests in any Excluded Assets. No appraisals shall be required to be obtained in connection with any mortgage of real property pursuant to this
Section 5.12. 
 SECTION 5.13 Intellectual Property. 

(a) No Loan Party shall intentionally do any act or intentionally omit to do any act whereby any of the material Intellectual Property
owned by such Loan Party may lapse, or become abandoned, canceled, dedicated to the public, forfeited, unenforceable or otherwise impaired, or which would adversely affect the validity, grant, or enforceability of the security interest granted
therein; provided, however, that such Loan Party may discontinue the use and/or maintenance of any Intellectual Property, including any material Intellectual Property, that such Loan Party determines, in its reasonable good faith
determination, is no longer desirable in the ordinary conduct of such Loan Party’s business. No Loan Party shall, with respect to any Trademarks (as the term is defined in the Guarantee and Collateral Agreement) constituting material
Intellectual Property owned by such Loan Party, cease the use of any of such Trademarks or fail to maintain a similar level of quality of products sold and services rendered under any such Trademark as the quality of such products and services as of
the Closing Date, and such Loan Party shall take reasonable steps necessary to insure that licensees of such Trademarks use such consistent standards of quality; provided, however, that such Loan Party may discontinue the use and/or
maintenance of any Trademarks constituting material Intellectual Property, that such Loan Party determines, in its reasonable good faith determination, is no longer valuable in the ordinary conduct of such Loan Party’s business. Each Loan Party
shall take reasonable steps in the ordinary course of business, including in any proceeding before the United States Patent and Trademark Office, the United States Copyright Office, any state registry or any foreign counterpart of the foregoing, to
pursue any application and maintain any registration or issuance of each Trademark, Patent, and Copyright (as each such term is defined in the Guarantee and Collateral Agreement) owned by any Loan Party and constituting material Intellectual
Property that such Loan Party determines is desirable in the ordinary course of business. 
 (b) Other than in the ordinary course of
business and except as could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, each Loan Party shall timely notify the Collateral Agent if it knows or has reason to know that any item of material
Intellectual Property owned by a Loan Party may become (i) abandoned or dedicated to the public or placed in the public domain, (ii) invalid or unenforceable, (iii) subject to any adverse determination or development regarding any
Loan Party’s ownership, registration or use or the validity or enforceability of such item of such material Intellectual Property (including but not limited to the institution of, or any adverse development with respect to, any action or
proceeding in the United States Patent and Trademark Office, the United States Copyright Office, any state registry, any foreign counterpart of the foregoing, any court or any tribunal) or (iv) the subject of any reversion or termination
rights. 

  
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 (c) Each Loan Party shall not permit the inclusion in any contract to which it hereafter becomes
a party and pursuant to which it acquires Intellectual Property any provision that could or may in any way materially impair or prevent the creation of a security interest in, or the assignment of, such Loan Party’s rights and interests in any
property included within the definitions of any material Intellectual Property acquired under such contracts. 
 (d) In the event that any
material Intellectual Property owned by or exclusively licensed to any Loan Party, to a Loan Party’s knowledge, is infringed, misappropriated, diluted or otherwise violated by a third party, such Loan Party shall take commercially reasonable
actions, as it would otherwise in such Loan Party’s reasonable good faith determination and in the ordinary course of business take, to stop such infringement, misappropriation, dilution or other violation and protect its rights in such
material Intellectual Property including, in such Loan Party’s reasonable good faith determination, if necessary, the initiation of a suit for injunctive relief and to recover damages. Each Loan Party shall use commercially reasonable efforts
in the ordinary course of business to use proper statutory notice in connection with its use of any of the material Intellectual Property. 

SECTION 5.14 Compliance with Real Estate Obligations. 

Make all payments and otherwise perform all obligations in respect of all leases of real property to which the Borrower or any of its
Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled, notify the Administrative Agent of any default by any party with
respect to such leases and cooperate with the Administrative Agent in all respects to cure any such default, and cause each of its Subsidiaries to do so, except, in any case, where the failure to do so could not reasonably be expected to result in,
individually or in the aggregate, a Material Adverse Effect. 
 SECTION 5.15 Lender Calls. 

The Borrower will, upon the request of the Administrative Agent or the Required Lenders, participate in a conference call with the
Administrative Agent and the Lenders once during each fiscal quarter at such times as may be agreed to be the Borrower and the Administrative Agent. 

SECTION 5.16 Healthcare Laws. 

The Borrower and its Subsidiaries shall: 

(a) Within five (5) Business Days after obtaining knowledge thereof, provide notice to the Administrative Agent of (i) any material
investigation, audit or proceeding (or any of the foregoing threatened in writing) relating to any violation by the Borrower or its Subsidiaries of any Healthcare Laws and (ii) to the extent that it could reasonably be expected to result in,
individually or in the aggregate, a Material Adverse Effect, any written recommendation from any Governmental Authority that the Borrower or any of its Subsidiaries should have its licensure, accreditation or registration suspended, revoked or
limited; 

  
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 (b) Take all reasonable action to cause each provider of professional services employed or
contracted by Borrower or its Subsidiaries to be in compliance with all laws, rules, regulations, restrictions and requirements pertaining to a healthcare providers imposed by any Governmental Authority; 

(c) Obtain and maintain and take all reasonable action to cause each provider of professional services employed or contracted by Borrower or
its Subsidiaries to obtain and maintain all Healthcare Authorizations as are required for the conduct of its business as currently conducted and contemplated; 

(d) Ensure and take all reasonable action to cause each provider of professional services employed or contracted by Borrower or its
Subsidiaries to ensure that coding and billing policies, arrangements, protocols and instructions are in compliance with all applicable laws and all Nongovernmental Payor reimbursement requirements and will be administered by properly trained
personnel; 
 (e) Keep and maintain all records required by Governmental Authorities in compliance with applicable Healthcare Laws; 

(f) Implement and take all reasonable action to cause each provider of professional services employed or contracted by Borrower
or its Subsidiaries to implement practices that are consistent with the applicable regulations implementing the requirements of the Health Insurance Portability and Accountability Act (“HIPAA”), the Mental Health Parity and
Addiction Equity Act of 2008 (“MHPAEA”) and the Health Information Technology for Economic and Clinical Health Act (the “HITECH Act”); 

(g) Maintain the storage, use, transportation and disposal of all medical equipment, supplies, products, gases and waste in compliance with
Healthcare Laws; 
 (h) Maintain all deposits relating to Healthcare Laws in compliance with regulatory requirements; 

(i) Ensure that each Healthcare Facility is operated in compliance with applicable Healthcare Laws relating thereto and agreements necessary
for certification, licensure or operation of such Healthcare Facility; and 
 (j) Ensure all residency and other similar agreements with
Persons at a Healthcare Facility are in compliance with Healthcare Laws. 
 Notwithstanding anything to the contrary in this
Section 5.16, any failure by the Borrower or any of its Subsidiaries to comply with the requirements of clauses (b)-(j) above shall not be deemed to be a Default or an Event of Default if such failure to comply could not reasonably be
expected to result in, individually or in the aggregate, a Material Adverse Effect. 

  
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 SECTION 5.17 Post-Closing Obligations. 

Within the periods of time after the Closing Date set forth on Schedule 5.17 (or such later date as the Administrative Agent may agree in its
sole discretion), each of the items listed on Schedule 5.17 shall have been duly executed by the parties thereto and delivered to the Agents, as applicable. 

ARTICLE VI 
 Negative
Covenants 
 The Borrower covenants and agrees with each Lender that, so long as this Agreement shall remain in effect and until the
Commitments have been terminated and the principal of and interest on each Loan, all Fees and all other expenses or amounts payable under any Loan Document have been paid in full and all Letters of Credit have been cancelled or have expired and all
amounts drawn thereunder have been reimbursed in full (or, with respect to outstanding Letters of Credit, have been fully Cash Collateralized or other arrangements acceptable to the Issuing Bank and the Administrative Agent have been made), unless
the Required Lenders shall otherwise consent in writing, the Borrower will not, nor will it cause or permit any of the Subsidiaries to: 

SECTION 6.01 Indebtedness. 

Incur, create, assume or permit to exist any Indebtedness, except: 

(a) Indebtedness existing on the Closing Date and set forth in Schedule 6.01 and any extensions, renewals, refinancings or replacements of
such Indebtedness to the extent the principal amount of such Indebtedness is not increased (except by an amount equal to any interest capitalized in connection with any premium or other reasonable amount paid, and fees and expenses (including
original issue discount and upfront fees) reasonably incurred, in connection with such extension, renewal, refinancing or replacement), neither the final maturity nor the Weighted Average Life to Maturity of such Indebtedness is decreased, such
Indebtedness, if subordinated to the Obligations, remains so subordinated on terms no less favorable to the Lenders, and the original Loan Party obligors in respect of such Indebtedness remain the only Loan Party obligors thereon; 

(b) Indebtedness created hereunder and under the other Loan Documents; 

(c) unsecured intercompany Indebtedness of the Borrower and the Subsidiaries to the extent permitted by Section 6.04(c) so long as such
Indebtedness is subordinated to the Obligations pursuant to an Affiliate Subordination Agreement to the extent required by Section 6.04(c); 

(d) (i) Capital Lease Obligations and (ii) other Indebtedness of the Borrower or any Subsidiary incurred to finance the
acquisition, construction or improvement of any fixed or capital assets, and extensions, refinancings, renewals and replacements of any such Indebtedness that do not increase the outstanding principal amount thereof (except by an amount equal to any
interest capitalized in connection with, any premium or other reasonable amount paid, and fees and expenses (including original issue discount and upfront fees) reasonably incurred, in connection with such extension, renewal, refinancing or
replacement); provided that such Indebtedness is incurred prior to or within 270 days after such acquisition or the completion of such construction or improvement; provided, further that all such Indebtedness permitted by this
Section 6.01(d) shall not exceed $10,000,000 at any time outstanding; 

  
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 (e) Indebtedness under performance bonds, bid bonds, appeal bonds, surety bonds and completion
guarantees and similar obligations, or with respect to workers’ compensation claims, in each case incurred in the ordinary course of business; 

(f) Indebtedness in respect of netting services, overdraft protections, Cash Management Services, credit card or debit card or similar
processors and otherwise in connection with deposit accounts, in each case, in the ordinary course of business; 
 (g) obligations arising
under indemnity agreements or other arrangements with title insurers to cause such title insurers to issue title policies in the ordinary course of business; 

(h) Indebtedness of any Person that becomes a Subsidiary after the date hereof; provided that (i) such Indebtedness exists
at the time such Person becomes a Subsidiary and is not created in contemplation of or in connection with such Person becoming a Subsidiary, (ii) immediately before and after such Person becomes a Subsidiary, no Default or Event of Default
shall have occurred and be continuing and (iii) the aggregate principal amount of Indebtedness permitted by this Section 6.01(h) shall not exceed $10,000,000 at any time outstanding; 

(i) Indebtedness in respect of those Hedging Agreements incurred in the ordinary course of business, not for speculative purposes and
consistent with prudent business practice; 
 (j) unsecured Indebtedness in respect of the repurchase or redemption of Equity
Interests of the Borrower or any of the Subsidiaries issued to employees, officers or directors of the Borrower or any of the Subsidiaries in an aggregate principal amount not to exceed $5,000,000 at any time outstanding; provided that such
Indebtedness is subordinated to the Obligations on terms reasonably acceptable to the Administrative Agent; 
 (k) Indebtedness
representing deferred compensation or reimbursable expenses owed to employees of the Borrower or any of the Subsidiaries incurred in the ordinary course of business; 

(l) unsecured Indebtedness of the Borrower or any Loan Party to finance Permitted Acquisitions in an aggregate principal amount not to exceed
$15,000,000 at any time outstanding; 
 (m) unsecured Indebtedness of the Borrower that matures at least 91 days after the later of the Term
Loan Maturity Date and the Incremental Term Loan Maturity Date as in effect at the time of the issuance of such unsecured Indebtedness and so long as the Total Leverage Ratio would not exceed 4.75:1.00, calculated on a pro forma basis as of the most
recently completed period of four consecutive fiscal quarters for which the financial statements and certificates required by Section 5.04(a) or (b), as the case may be, have been or were required to have been delivered; 

  
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 (n) unsecured Indebtedness in the form of obligations under indemnification, purchase price
adjustments, incentive, non-compete, consulting, deferred compensation, earn-out and similar obligations incurred in connection with any Permitted Acquisition; 

(o) Indebtedness consisting of the financing of insurance premiums in the ordinary course of business; 

(p) Indebtedness of the Borrower or any Subsidiary Guarantor as an account party in respect of trade letters of credit issued in the ordinary
course of business; 
 (q) Guarantees in respect of Indebtedness of the Borrower or any Subsidiary otherwise permitted hereunder;
provided that if the Indebtedness that is being Guaranteed is unsecured and/or subordinated to the Obligations, the Guarantee shall also be unsecured and/or subordinated to the Obligations on the same basis; 

(r) other Indebtedness of the Borrower in an aggregate principal amount not to exceed $10,000,000 (or, so long as at the time of the
incurrence of such Indebtedness the Senior Secured Leverage Ratio would not exceed 3.25:1.00, calculated on a pro forma basis as of the most recently completed period of four consecutive fiscal quarters for which the financial statements and
certificates required by Section 5.04(a) or (b), as the case may be, have been or were required to have been delivered, $20,000,000) at any time outstanding; 

(s) from and after the Revolving Credit Maturity Date (or such earlier date if the Revolving Credit Commitments have been terminated),
revolving Indebtedness up to the aggregate principal amount of the Revolving Credit Commitments so terminated from time to time; and 
 (t)
any Attributable Indebtedness incurred in connection with any Sale and Leaseback Transaction permitted by Section 6.03. 

SECTION 6.02 Liens. 

Create, incur, assume or permit to exist any Lien on any property or assets (including Equity Interests or other securities of
any Person, including the Borrower or any Subsidiary) now owned or hereafter acquired, created, developed or invented by it or on any income or revenues or rights in respect of any thereof, except (collectively, “Permitted
Liens”): 
 (a) Liens on property or assets of the Borrower and its Subsidiaries existing on the Closing
Date and set forth in Schedule 6.02; provided that such Liens shall secure only those obligations which they secure on the date hereof and extensions, refinancing, renewals and replacements thereof permitted hereunder; 

(b) any Lien created under the Loan Documents; 

(c) any Lien existing on any property or asset prior to the acquisition thereof by the Borrower or any Subsidiary or existing on any
property or assets of any Person that becomes a Subsidiary after the date hereof prior to the time such Person becomes a Subsidiary, as the case may be; provided that (i) such Lien is not created in contemplation of or in connection with
such 

  
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acquisition or such Person becoming a Subsidiary, (ii) such Lien does not apply to any other property or assets of the Borrower or any Subsidiary and (iii) such Lien secures only
those obligations which it secures on the date of such acquisition or the date such Person becomes a Subsidiary, as the case may be, and any extensions, refinancing, renewals and replacements thereof permitted hereunder; 

(d) Liens for Taxes not yet delinquent or that are being contested in compliance with Section 5.03; 

(e) Liens in favor of customs and revenue authorities arising as a matter of law to secure payments of customs duties in connection with the
importation of goods in the ordinary course of business; 
 (f) Liens on insurance policies and the proceeds thereof in favor of the provider
of such policies securing the financing of the premiums with respect thereto; 
 (g) carriers’, warehousemen’s, mechanics’,
materialmen’s, repairmen’s or other like Liens arising in the ordinary course of business and securing obligations that are not delinquent for a period of more than 30 days or which are being contested in compliance with Section 5.03;

 (h) Liens incurred and pledges and deposits made in the ordinary course of business in compliance with workmen’s compensation,
unemployment insurance, general liability, property insurance and other social security laws or regulations; 
 (i) deposits to secure the
performance of bids, trade contracts (other than for Indebtedness), leases (other than Capital Lease Obligations), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary
course of business; 
 (j) easements, rights-of-way, restrictions on use of real property, minor defects or irregularities in title and other
similar charges or encumbrances which, in the aggregate, do not materially detract from the value of the property subject thereto or do not interfere in any material respect with the business of the Borrower and the Subsidiaries, taken as a whole;

 (k) Liens securing Indebtedness to finance the acquisition, construction or improvement of any fixed or capital assets;
provided that (i) such security interests secure Indebtedness permitted by Section 6.01(d), (ii) such security interests are incurred, and the Indebtedness secured thereby is created, within 270 days after such acquisition
(or construction), (iii) the Indebtedness secured thereby does not exceed the lesser of the cost or the fair market value of such real property, improvements or equipment at the time of such acquisition (or construction) and (iv) such
security interests do not apply to any other property or assets of the Borrower or any Subsidiary;  
 (l) Liens securing
reimbursement obligations in respect of documentary letters of credit or bankers’ acceptances in the ordinary course of business, provided that such Liens attach only to the documents and goods covered thereby and proceeds thereof;

  
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 (m) leases, subleases, licenses or sublicenses (but only including non-exclusive licenses of
Intellectual Property) granted to other Persons in the ordinary course of business of the Borrower or its Subsidiaries; 
 (n) any interest
of title of a lessor under any lease entered into by the Borrower or any other Subsidiary as tenant in the ordinary course of business and covering only the assets so leased; 

(o) judgment Liens securing judgments not constituting an Event of Default under Section 7.01(i); 

(p) zoning, building codes and other land use laws, regulations and ordinances regulating the use or occupancy of real property or the
activities conducted thereon which are imposed by any Governmental Authority having jurisdiction over such real property which are not violated by the current use or occupancy of such real property or the operation of the business of the Borrower or
any of the Subsidiaries, any violation of which could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect; 

(q) Liens arising out of conditional sale, title retention, consignment or similar arrangements for the sale or purchase of goods entered into
by the Borrower or any of the Subsidiaries in the ordinary course of business permitted hereunder; 
 (r) Liens solely on any cash earnest
money deposits made by the Borrower or any of the Subsidiaries in connection with any letter of intent or purchase agreement permitted hereunder; 

(s) Liens on property rented to, or leased by, Borrower or any of its Subsidiaries pursuant to a Sale and Leaseback Transaction;
provided that (i) such Sale and Leaseback Transaction is permitted by Section 6.03, (ii) such Liens do not encumber any other property of Borrower or its Subsidiaries and (iii) such Liens secure only the Attributable
Indebtedness incurred in connection with such Sale and Leaseback Transaction; and 
 (t) other Liens securing liabilities hereunder in
an aggregate principal amount not to exceed $10,000,000 at any time outstanding. 
 SECTION 6.03 Sale and Leaseback
Transactions. 
 Enter into any arrangement, directly or indirectly, with any Person whereby it shall sell or transfer
any property, real or personal, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other property which it intends to use for substantially the same purpose or purposes as the
property being sold or transferred (any such arrangement, a “Sale and Leaseback Transaction”) unless (a) (i) such Sale and Leaseback Transaction is consummated within 270 days after the date on which such property
is sold or transferred, (ii) any Liens arising in connection with such Sale and Leaseback Transaction are permitted by Section 6.02(s) and (iii) the sale or transfer of such property is made for cash consideration in an
amount not less than the fair market value of such property and does not exceed $22,000,000 in the aggregate when taken together with all other Sale and Leaseback Transactions consummated after the Closing Date other than any Sale and Leaseback
Transaction consummated pursuant to Section 6.03(b) or (b) any Sale and Leaseback Transaction is a sale or transfer after the Closing Date of any of the Healthcare Facilities set forth on Schedule 6.03. 

  
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 SECTION 6.04 Investments, Loans and Advances. 

Purchase, hold or acquire any Equity Interests, evidences of indebtedness or other securities of, make or permit to exist any loans or advances
to, or make or permit to exist any investment or any other interest in, any other Person, except: 
 (a) (i) investments by the
Borrower and the Subsidiaries existing on the Closing Date in the Equity Interests of the Borrower and the Subsidiaries and (ii) additional investments by the Borrower and the Subsidiaries in the Equity Interests of the Borrower and the
Subsidiaries; provided that (A) any such Equity Interests held by a Loan Party shall be pledged pursuant to the Guarantee and Collateral Agreement (subject to the limitations referred to therein and in Section 5.12) and (B) the
aggregate amount of investments (other than in respect of Permitted Acquisitions) made after the Closing Date by Loan Parties in, and loans and advances made after the Closing Date by Loan Parties to, Subsidiaries that are not Loan Parties
(determined without regard to any write-downs or write-offs of such investments, loans and advances) shall not exceed the Floating Investments Basket at any time; 

(b) Permitted Investments; 

(c) loans or advances made by the Borrower to any Subsidiary and made by any Subsidiary to the Borrower or any other Subsidiary;
provided that (i) any such loans and advances made by a Loan Party to a non-Loan Party in an aggregate principal amount in excess of $10,000,000 shall be evidenced by a promissory note pledged to the Collateral Agent for the ratable
benefit of the Secured Parties pursuant to the Guarantee and Collateral Agreement, (ii) such loans and advances shall be unsecured and subordinated to the Obligations pursuant to an Affiliate Subordination Agreement and (iii) the aggregate
principal amount of such loans and advances made by Loan Parties to Subsidiaries that are not Loan Parties shall be subject to the limitation set forth in clause (a) above; 

(d) investments received in connection with the bankruptcy or reorganization of, or settlement of delinquent accounts and disputes with,
customers and suppliers, in each case in the ordinary course of business; 
 (e) the Borrower and the Subsidiaries may make loans and
advances in the ordinary course of business to their respective employees, officers and directors so long as the aggregate principal amount thereof at any time outstanding (determined without regard to any write-downs or write-offs of such loans and
advances) shall not exceed $5,000,000; 
 (f) the Borrower or any Subsidiary may acquire all or substantially all the assets of a Person or
line of business of such Person (or, in the case of an acquisition by the Borrower or any Wholly-Owned Subsidiary of any Person that will constitute a Controlled Physician Affiliate, may acquire, in its own name or through a nominee, the right to
acquire all of the Voting Equity Interests 

  
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of such Person and enter into a long-term business agreement with such Person to provide management services to such Person to the extent the Voting Equity Interests of such Person cannot,
pursuant to applicable Laws, or should not, in the reasonable good faith determination of the Borrower, be owned by the Borrower or any Wholly-Owned Subsidiary), in one transaction or a series of related transactions (provided that all such
related transactions shall be consummated on or prior to the date that is the six-month anniversary of the date on which the first of such related transactions was consummated), or not less than 85% (or, in the case of any Person that will
constitute a Controlled Physician Affiliate, 50%) of the Equity Interests (other than directors’ qualifying shares) of such Person (referred to herein as the “Acquired Entity”); provided that (i) the Acquired Entity shall
be in a similar, related, incidental or complementary line of business as that of the Borrower and the Subsidiaries as conducted during the current and most recent calendar year; and (ii) at the time of consummation of such transaction
(A) both before and after giving effect thereto, no Default or Event of Default shall have occurred and be continuing; (B) the Borrower would be in compliance with the covenant set forth in Section 6.10 as of the most recently
completed period of four consecutive fiscal quarters ending prior to such transaction for which the financial statements and certificates required by Section 5.04(a) or (b), as the case may be, have been or were required to have been delivered
after giving pro forma effect to such transaction and to any other event occurring after such period as to which pro forma recalculation is required (including any other transaction described in this Section 6.04(f) occurring
after such period) as if such transaction had occurred as of the first day of such period; (C) the Borrower shall have delivered a certificate of a Financial Officer, certifying as to the foregoing and containing reasonably detailed
calculations in support thereof, in form and substance reasonably satisfactory to the Administrative Agent, (D) the Borrower shall comply, and shall cause the Acquired Entity to comply, with the applicable provisions of Section 5.12 and
the Security Documents and (E) the pro forma Available Liquidity shall not be less than $17,500,000 (any acquisition of an Acquired Entity meeting all the criteria of this Section 6.04(f) being referred to herein as a “Permitted
Acquisition”); 
 (g) investments by the Borrower in Hedging Agreements permitted under Section 6.01(i); 

(h) investments in joint ventures and unconsolidated subsidiaries useful in the business of the Borrower and its Subsidiaries in an aggregate
amount not to exceed the Floating Investments Basket at any time; and 
 (i) in addition to investments permitted by paragraphs
(a) through (h) above, additional investments, loans and advances by the Borrower and the Subsidiaries so long as the aggregate amount invested, loaned or advanced pursuant to this paragraph (i) (determined without regard to any
write-downs or write-offs of such investments, loans and advances) does not exceed (i) the Floating Investments Basket at any time plus (ii) so long as no Event of Default or Default is continuing or would result therefrom, the
Available Amount at the time of such investment. 
 SECTION 6.05 Mergers, Consolidations, Sales of Assets and
Acquisitions. 
 (a) Merge into or consolidate with any other Person, or permit any other Person to merge into or consolidate with
it, or sell, transfer, lease or otherwise dispose of (in one transaction or in a series of transactions) all or substantially all the assets (whether now owned or hereafter acquired) of the Borrower or any Subsidiary, or purchase, lease or otherwise
acquire (in 

  
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one transaction or a series of transactions) all or any substantial part of the assets of any other Person, except that (i) the Borrower and any Subsidiary may purchase and sell inventory in
the ordinary course of business, (ii) if at the time thereof and immediately after giving effect thereto no Event of Default or Default shall have occurred and be continuing (x) any Wholly-Owned Subsidiary may merge into the Borrower in a
transaction in which the Borrower is the surviving corporation, (y) any Wholly-Owned Subsidiary may merge into or consolidate with any other Wholly-Owned Subsidiary in a transaction in which the surviving entity is a Wholly-Owned Subsidiary and
no Person other than the Borrower or a Wholly-Owned Subsidiary receives any consideration (provided that if any party to any such transaction is a Loan Party, the surviving entity of such transaction shall be a Loan Party), (iii) any Loan Party
(other than Borrower) may dispose of any or all of its assets or any Equity Interests of any Subsidiary to any other Loan Party, (iv) the Borrower or any Subsidiary may consummate any Sale and Leaseback Transaction permitted by
Section 6.03 and (v) the Borrower and the Subsidiaries may make Permitted Acquisitions and investments pursuant to Section 6.04(h) and Section 6.04(i). 

(b) Make any Asset Sale otherwise permitted under paragraph (a) above unless such Asset Sale is for consideration at least 75% of which is
cash. 
 SECTION 6.06 Restricted Payments; Restrictive Agreements. 

(a) Declare or make, or agree to declare or make, directly or indirectly, any Restricted Payment (including pursuant to any Synthetic
Purchase Agreement), or incur any obligation (contingent or otherwise) to do so; provided that (i) so long as no Event of Default or Default shall have occurred and be continuing or would result therefrom, the Borrower and the
Subsidiaries may, and may make distributions to one another so that any of the Borrower or the Subsidiaries may, (x) repurchase Equity Interests issued to employees, directors and officers of the Borrower or the Subsidiaries (including
repurchases of Equity Interests from severed or terminated employees, directors and officers) and (y) make payments to employees, directors and officers of the Borrower or the Subsidiaries in connection with Equity Interests (and the exercise
thereof) pursuant to incentive plans or arrangements, in an aggregate amount under this clause (i) not to exceed $5,000,000 in the aggregate and (ii) so long as (x) no Event of Default or Default is continuing or would result
therefrom and (y) the Senior Secured Leverage Ratio calculated on a pro forma basis both before and after giving effect to any such Restricted Payment is not greater than 3.50:1.00, the Borrower may make Restricted Payments to pay dividends to
the equity holders of the Borrower in an aggregate amount not to exceed the Available Amount at the time of such Restricted Payment. 

(b) Enter into, incur or permit to exist any agreement or other arrangement that prohibits, restricts or imposes any condition upon
(i) the ability of the Borrower or any Subsidiary to create, incur or permit to exist any Lien upon any of its property or assets to secure the Obligations, or (ii) the ability of any Subsidiary to pay dividends or other distributions with
respect to any of its Equity Interests or to make or repay loans or advances to the Borrower or any other Subsidiary or to Guarantee Indebtedness of the Borrower or any other Subsidiary; provided that (A) the foregoing shall not apply to
(w) restrictions and conditions imposed by law or by any Loan Document as in effect on the Closing Date, (x) customary restrictions and conditions contained in agreements relating to the sale of a Subsidiary (or any other sale of assets or
Equity Interests permitted hereunder) pending such sale, provided such restrictions and 

  
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conditions apply only to the Subsidiary, asset or Equity Interest that is to be sold and such sale is permitted hereunder, and (y) any agreement in effect at the time a Person became a
Subsidiary, so long as such agreement (1) was not entered into solely in contemplation of such Person becoming a Subsidiary, (2) applies only to such Person, (3) does not extend to any other Loan Party and (4) is otherwise
permitted hereunder and does not conflict with the provisions of this Agreement or any other Loan Document, and (B) clause (i) of the foregoing shall not apply to (x) restrictions or conditions imposed by any agreement relating to
secured Indebtedness permitted by this Agreement if such restrictions or conditions apply only to the property or assets securing such Indebtedness, and (y) customary provisions in leases and other contracts restricting the assignment thereof.

 SECTION 6.07 Transactions with Affiliates. 

Except for transactions between or among Loan Parties, sell or transfer any property or assets to, or purchase or acquire any property or
assets from, or otherwise engage in any other transactions with, any of its Affiliates, except for transactions (a) as set forth on Schedule 6.07, (b) for compensation or employment, separation and severance of officers, directors or
employees in the ordinary course of business and for any issuance of Equity Interests, or other payments, awards or grants in cash, securities or otherwise pursuant to, or the funding of, employment arrangements, stock options and stock ownership
plans, or indemnities provided on behalf of employees or directors, all which are approved by the board of directors or similar management body of any Loan Party, (c) for the maintenance of benefit programs or arrangements with employees,
officers or directors, including, without limitation, vacation plans, health and life insurance plans, deferred compensation plans and retirement or savings plans and similar plans, in each case, in the ordinary course of business or (d) at
prices and on terms and conditions not less favorable to the Borrower or such Subsidiary than could be obtained on an arm’s-length basis from unrelated third parties. 

SECTION 6.08 Business of Borrower and Subsidiaries. 

Engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably
similar, incidental, related or complementary thereto and reasonable extensions thereof, including without limitation a business which is a Healthcare Service Business. 

SECTION 6.09 Other Indebtedness and Agreements. 

(a) Permit any waiver, supplement, modification, amendment, termination or release of any indenture, instrument or agreement pursuant to which
any Material Indebtedness of the Borrower or any of the Subsidiaries is outstanding if the effect of such waiver, supplement, modification, amendment, termination or release would materially increase the obligations of the obligor or confer
additional material rights on the holder of such Indebtedness in a manner adverse to the Borrower, any of the Subsidiaries or the Lenders or (b) permit any waiver, supplement, modification or amendment of its certificate of incorporation,
by-laws, operating, management or partnership agreement or other organizational documents, to the extent any such waiver, supplement, modification or amendment would be adverse to the Lenders in any material respect. 

  
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 (b) Make any distribution, whether in cash, property, securities or a combination thereof, other
than regular scheduled payments of principal and interest as and when due (to the extent not prohibited by applicable subordination provisions), in respect of, or pay, or commit to pay, or directly or indirectly (including pursuant to any Synthetic
Purchase Agreement) redeem, repurchase, retire or otherwise acquire for consideration, or set apart any sum for the aforesaid purposes, any Indebtedness except (i) the payment of the Indebtedness created hereunder, (ii) refinancings,
renewals or extensions of Indebtedness permitted by Section 6.01, (iii) the payment of secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness and
(iv) the payment of any Indebtedness permitted under Section 6.01 in an aggregate amount not to exceed the Available Amount at the time of such payment so long as (x) no Event of Default or Default is continuing or would result
therefrom and (y) the Senior Secured Leverage Ratio calculated on a pro forma basis both before and after giving effect to any such payment is not greater than 3.50:1.00. 

SECTION 6.10 Maximum Senior Secured Leverage Ratio. 

On the last day of any fiscal quarter (commencing with the first full fiscal quarter ending after the Closing Date), the Borrower shall not
permit the Senior Secured Leverage Ratio to be greater than (a) 5.25:1.00 as of the last day of each such fiscal quarter ending before March 31, 2019, (b) 4.75:1.00 as of the last day of each such fiscal quarter ending on or after
March 31, 2019 and (c) 4.25:1.00 as of the last day of each such fiscal quarter ending on or after March 31, 2020. 

SECTION 6.11 Fiscal Year. 

With respect to the Borrower, change its fiscal year-end to a date other than December 31. 

SECTION 6.12 Sanctions. 

The Borrower and its Subsidiaries shall not directly or indirectly fund any activities of or business with any Person that is the subject of
Sanctions, or in any Designated Jurisdiction, or in any other manner that constitutes or would give rise to a violation by any Person (including any Person participating in the Transactions, whether as Lender, Arranger, Administrative Agent, Issuing
Bank or otherwise) of Sanctions. 
 SECTION 6.13 Anti-Corruption, Anti-Bribery, Anti-Terrorism and Anti-Money
Laundering Laws. 
 The Borrower and its Subsidiaries shall not directly or indirectly breach the FCPA, USA PATRIOT Act, the UK
Bribery Act 2010 or any other applicable anti-corruption, anti-bribery, anti-terrorism or anti-money laundering legislation in the United States, United Kingdom and other jurisdictions. 

  
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 SECTION 6.14 Use of Proceeds. 

The Borrower and its Subsidiaries shall not use the proceeds of the Loans and request the issuance of Letters of Credit other than for the
purposes specified in Section 3.13 and subject to Section 3.24. 
 SECTION 6.15 Healthcare
Authorizations. 
 (a) The Borrower and its Subsidiaries will not transfer or assign any Healthcare Authorization, reimbursement or
care contract or Nongovernmental Payor contract except in connection with a permitted sale of a healthcare asset or if transfer could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect; and 

(b) The Borrower and its Subsidiaries will not fail to maintain in effect all Healthcare Authorizations, except to the extent that such failure
to maintain a Healthcare Authorization could not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect. 

ARTICLE VII 
 Events of
Default 
 SECTION 7.01 Events of Default. 

In case of the happening of any of the following events (“Events of Default”): 

(a) any representation or warranty made or deemed made in or in connection with any Loan Document or the borrowings or issuances of Letters of
Credit hereunder, or any representation, warranty, statement or information contained in any report, certificate, financial statement or other instrument furnished in connection with or pursuant to any Loan Document, shall prove to have been false
or misleading in any material respect when so made, deemed made or furnished, except that such materiality qualifier shall not be applicable to any representation and warranty that is already qualified by materiality; 

(b) default shall be made in the payment of any principal of any Loan or the reimbursement with respect to any L/C Disbursement when and as the
same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or by acceleration thereof or otherwise; 

(c) default shall be made in the payment of any interest on any Loan or any Fee or L/C Disbursement or any other amount (other than an amount
referred to in paragraph (b) above) due under any Loan Document, when and as the same shall become due and payable, and such default shall continue unremedied for a period of five Business Days; 

(d) default shall be made in the due observance or performance by the Borrower or any Subsidiary of any covenant, condition or agreement
contained in Section 5.05(a) or 5.08 or in Article VI; 

  
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 (e) default shall be made in the due observance or performance by the Borrower or any Subsidiary
of any covenant, condition or agreement contained in any Loan Document (other than those specified in paragraph (b), (c) or (d) above) and such default shall continue unremedied for a period of 30 days after the earlier of (i) notice
thereof from the Administrative Agent to the Borrower (which notice shall also be given at the request of any Lender) or (ii) knowledge thereof of the Borrower; 

(f) (i) the Borrower or any Subsidiary shall fail to pay any principal, interest or amount, regardless of amount, due in respect of
any Material Indebtedness, when and as the same shall become due and payable beyond the grace period, if any, provided therefor, (ii) any other event or condition occurs that results in any Material Indebtedness becoming due prior to its
scheduled maturity or (iii) any other event or condition occurs that enables or permits (after giving effect to any grace period) the holder or holders of any Material Indebtedness or any trustee or agent on its or their behalf to cause any
Material Indebtedness to become due, or to require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; provided that clauses (ii) and (iii) above shall not apply to secured Indebtedness
that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness; 
 (g) an
involuntary proceeding shall be commenced or an involuntary petition shall be filed in a court of competent jurisdiction seeking (i) relief in respect of the Borrower or any Material Subsidiary or of a substantial part of the property or assets
of the Borrower or a Material Subsidiary, under Title 11 of the United States Code, as now constituted or hereafter amended, or any other Federal, state or foreign bankruptcy, insolvency, receivership or similar law, (ii) the appointment
of a receiver, trustee, custodian, sequestrator, conservator or similar official for the Borrower or any Material Subsidiary or for a substantial part of the property or assets of the Borrower or a Material Subsidiary or (iii) the winding-up or
liquidation of the Borrower or any Material Subsidiary; and such proceeding or petition shall continue undismissed for 60 days or an order or decree approving or ordering any of the foregoing shall be entered; 

(h) the Borrower or any Material Subsidiary shall (i) voluntarily commence any proceeding or file any petition seeking relief under
Title 11 of the United States Code, as now constituted or hereafter amended, or any other Federal, state or foreign bankruptcy, insolvency, receivership or similar law, (ii) consent to the institution of, or fail to contest in a timely and
appropriate manner, any proceeding or the filing of any petition described in paragraph (g) above, (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the
Borrower or any Material Subsidiary or for a substantial part of the property or assets of the Borrower or any Material Subsidiary, (iv) file an answer admitting the material allegations of a petition filed against it in any such proceeding,
(v) make a general assignment for the benefit of creditors, (vi) become unable, admit in writing its inability or fail generally to pay its debts as they become due or (vii) take any corporate action for the purpose of effecting any
of the foregoing; 
 (i) one or more judgments shall be rendered against the Borrower, any Subsidiary or any combination thereof (to the
extent not fully covered by independent and unaffiliated third-party insurance as to which the insurer has not denied coverage or does not deny coverage (or, if the applicable claim is pending, the Borrower reasonably expects the insurer not to deny
coverage)) and the same shall remain undischarged for a period of 30 consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to levy upon assets or properties of the
Borrower or any Subsidiary to enforce any such judgment and such judgment either (i) is for the payment of money in an aggregate amount in excess of $15,000,000 or (ii) is for injunctive relief and could reasonably be expected to result
in, individually or in the aggregate, a Material Adverse Effect; 

  
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 (j) there shall occur an ERISA Event, that, when taken together with all other such ERISA Events,
could reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect to the Borrower and its ERISA Affiliates; 

(k) any Guarantee under the Guarantee and Collateral Agreement for any reason shall cease to be in full force and effect (other than in
accordance with its terms), or any Subsidiary Guarantor shall deny in writing that it has any further liability under the Guarantee and Collateral Agreement (other than as a result of the discharge of such Subsidiary Guarantor in accordance with the
terms of the Loan Documents); 
 (l) the security interests purported to be created by the Security Documents shall cease to be, or shall be
asserted by the Borrower or any other Loan Party not to be, for any reason a valid and perfected Lien with the priority required by the applicable Loan Documents on and security interest in any material portion of the Collateral purported to be
covered thereby, subject to Liens permitted under Section 6.02, except (i) as a result of the Collateral Agent’s action or failure to take any action required to be taken by it following the due performance by the Loan Parties of any
related obligation of a Loan Party and (ii) as to Collateral consisting of material owned or leased real property to the extent that covered by a lender’s title insurance policy and such insurer has not denied coverage; 

(m) any Subordinated Debt of the Borrower and the Subsidiaries constituting Material Indebtedness shall cease (or any Loan Party or an
Affiliate of any Loan Party shall so assert in writing), for any reason, to be validly subordinated to the Obligations as provided in the indenture or other agreement evidencing such Subordinated Debt; 

(n) there occurs the loss, suspension or revocation of, or failure to renew, any registrations, licenses, permits, authorizations or clearances
(including, for the avoidance of doubt, the Healthcare Authorizations) now held or hereafter acquired by the Borrower or any other Loan Party, if such loss, suspension, revocation or failure to renew could reasonably be expected to result in,
individually or in the aggregate, a Material Adverse Effect; 
 (o) there shall have occurred a Change in Control; or 

(p) any Loan Party is excluded from any Nongovernmental Payor program that has resulted or could reasonably be expected to result in
non-compliance with the financial covenant in Section 6.10; 
 then, and in every such event (other than an event with respect to the Borrower
described in paragraph (g) or (h) above), and at any time thereafter during the continuance of such event, the Administrative Agent may, and at the request of the Required Lenders shall, by notice to the Borrower, take either or both of
the following actions, at the same or different times: (i) terminate forthwith the Commitments and (ii) declare the Loans then outstanding to be forthwith due and payable in whole or in part, whereupon the principal of the Loans so
declared 

  
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to be due and payable, together with accrued interest thereon and any unpaid accrued Fees and all other liabilities of the Borrower accrued hereunder and under any other Loan Document, shall
become forthwith due and payable, without presentment, demand, protest or any other notice of any kind, all of which are hereby expressly waived by the Borrower, anything contained herein or in any other Loan Document to the contrary
notwithstanding; and in any event with respect to the Borrower described in paragraph (g) or (h) above, the Commitments shall automatically terminate and the principal of the Loans then outstanding, together with accrued interest thereon
and any unpaid accrued Fees and all other liabilities of the Borrower accrued hereunder and under any other Loan Document, shall automatically become due and payable, without presentment, demand, protest or any other notice of any kind, all of which
are hereby expressly waived by the Borrower, anything contained herein or in any other Loan Document to the contrary notwithstanding. 

SECTION 7.02 Right to Cure. 

(a) Notwithstanding anything to the contrary contained in Section 7.01, in the event that the Borrower fails to comply with the financial
covenant in Section 6.10, from the day after the end of the applicable four fiscal quarter period until the date that is ten Business Days after the date on which the Compliance Certificate is required to be delivered pursuant to
Section 5.04(c) for such fiscal period, the Borrower shall have the right to issue Junior Capital for cash or otherwise receive the net cash proceeds of any cash capital contribution (collectively, the “Cure Right”), and
upon the receipt by the Borrower of such cash net proceeds (the “Cure Amount”), the financial covenant in Section 6.10 shall be recalculated giving effect to the following pro forma adjustments: 

(i) Consolidated EBITDA shall be increased, solely for the purpose of measuring the financial covenant in Section 6.10 and
not for any other purpose under this Agreement, by an amount equal to the Cure Amount for the fiscal quarter with respect to which the Cure Right is exercised and each of the following three fiscal quarters; and 

(ii) if, after giving effect to the foregoing recalculations, the Borrower shall then be in compliance with the requirements of
the financial covenant in Section 6.10, the Borrower shall be deemed to have satisfied the requirements of such financial covenant, as of the relevant date of determination with the same effect as though there had been no failure to comply
therewith at such date, and the applicable breach or default of such financial covenant that had occurred shall be deemed cured for all purposes of this Agreement. 

(b) Notwithstanding anything herein to the contrary, (i) in each four-fiscal-quarter period there shall be at least two fiscal quarters in
which the Cure Right is not exercised, (ii) the Cure Right may be exercised on no more than four occasions, (iii) the Cure Amount shall be no greater than the amount required for purposes of complying with the financial covenant in
Section 6.10, (iv) all Cure Amounts and the use of proceeds therefrom shall be disregarded for all other purposes under the Loan Documents (including calculating Consolidated EBITDA and for purposes of Section 6.06), (v) upon the
Administrative Agent’s receipt of a notice from the Borrower that it intends to exercise the Cure Right, neither 

  
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 the Administrative Agent nor any Lender shall exercise the right to accelerate the Loans or terminate the
Commitments and neither the Administrative Agent nor any Lender, Collateral Agent or any other Secured Party shall exercise any right to foreclose on or take possession of the Collateral solely on the basis of an Event of Default having occurred and
being continuing under the financial covenant in Section 6.10 until the expiration of the ten-Business-Day period referred to in the first sentence of Section 7.02(a) (unless prior to the expiration thereof, the application of the Cure
Right so cured such Event of Default in accordance with the foregoing provisions), and (vi) if, after increasing the amount of Consolidated EBITDA in accordance with Section 7.02(a)(i), the Borrower shall be in compliance with the
requirements of Section 6.10 in accordance with Section 7.02(a)(ii), then any Event of Default arising from the failure of the Borrower to be in compliance with Section 6.10 shall automatically, without any further action by any
party hereto, be deemed not to have occurred hereunder. 
 ARTICLE VIII 

The Administrative Agent and the Collateral Agent; Etc. 

Each Lender and the Issuing Bank hereby irrevocably appoints the Administrative Agent and the Collateral Agent (for purposes of
this Article VIII, the Administrative Agent and the Collateral Agent are referred to collectively as the “Agents”) its agent and authorizes the Agents to take such actions on its behalf and to exercise such powers as are
delegated to such Agent by the terms of the Loan Documents, together with such actions and powers as are reasonably incidental thereto. Without limiting the generality of the foregoing, the Agents are hereby expressly authorized to (i) execute
any and all documents (including releases) with respect to the Collateral and the rights of the Secured Parties with respect thereto, as contemplated by and in accordance with the provisions of this Agreement and the Security Documents and
(ii) negotiate, enforce or the settle any claim, action or proceeding affecting the Lenders in their capacity as such, at the direction of the Required Lenders, which negotiation, enforcement or settlement will be binding upon each
Lender. 
 The institution serving as the Administrative Agent and/or the Collateral 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 an Agent, and such bank and its Affiliates may accept deposits from, lend money to and generally engage in any kind of business with
the Borrower or any Subsidiary or other Affiliate thereof as if it were not an Agent hereunder. 
 No Agent shall have any duties or
obligations except those expressly set forth in the Loan Documents. Without limiting the generality of the foregoing, (a) neither Agent shall be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and
is continuing, (b) neither Agent shall have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby that such Agent is instructed in writing to
exercise by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.08); 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 Requirement of 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 

  
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violation of any Debtor Relief Law, and (c) except as expressly set forth in the Loan Documents, neither Agent shall have any duty to disclose, nor shall it be liable for the failure to
disclose, any information relating to the Borrower or any of the Subsidiaries that is communicated to or obtained by the bank serving as Administrative Agent and/or Collateral Agent or any of its Affiliates in any capacity. Neither Agent shall be
liable for any action taken or not taken by it with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in Section 9.08) or in the
absence of its own gross negligence or willful misconduct. Neither Agent shall be deemed to have knowledge of any Default unless and until written notice thereof is given to such Agent by the Borrower or a Lender, and neither Agent shall be
responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with any Loan Document, (ii) the contents of any certificate, report or other document delivered
thereunder or in connection therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth in any Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of
any Loan Document or any other agreement, instrument or document or (v) the satisfaction of any condition set forth in Article IV or elsewhere in any Loan Document, other than to confirm receipt of items expressly required to be delivered to
such Agent. 
 Each 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 believed by it to be genuine and to have been signed or sent by the proper Person. Each Agent may also 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. Each 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. 
 Each
Agent may perform any and all its duties and exercise its rights and powers by or through any one or more sub-agents appointed by it. Each Agent and any such sub-agent may perform any and all its duties and exercise its rights and powers by or
through their respective Related Parties. The exculpatory provisions of the preceding paragraphs shall apply to any such sub-agent and to the Related Parties of each Agent and any such sub-agent, and shall apply to their respective activities in
connection with the syndication of the Credit Facilities as well as activities as Agent. 
 Subject to the appointment and acceptance
of a successor Agent as provided below, either Agent may resign at any time by notifying the Lenders, the Issuing Bank and the Borrower. Upon any such resignation, the Required Lenders shall have the right, with the consent (not to be unreasonably
withheld, conditioned or delayed) of the Borrower, to appoint a successor; provided that during the existence and continuation of an Event of Default, no consent of the Borrower shall be required. If no successor shall have been so appointed
by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Agent gives notice of its resignation, then the retiring Agent may, on behalf of the Lenders and the Issuing Bank, appoint a successor Agent
which shall be a bank with an office in New York, New York, having a combined capital and surplus of at least $1,000,000,000, or an Affiliate of any such bank. If no successor Agent has been appointed pursuant to the immediately preceding
sentence 

  
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by the 30th day after the date such notice of resignation was given by such Agent, such Agent’s resignation shall become effective
and the Required Lenders shall thereafter perform all the duties of such Agent hereunder and/or under any other Loan Document until such time, if any, as the Required Lenders appoint a successor Administrative Agent and/or Collateral Agent, as the
case may be, with the consent (not to be unreasonably withheld, conditioned or delayed) of the Borrower; provided that during the existence and continuation of an Event of Default, no consent of the Borrower shall be required. Any such
resignation by such Agent hereunder shall also constitute, to t he extent applicable, its resignation as an Issuing Bank, in which case such resigning Agent (x) shall not be required to issue any further Letters of Credit hereunder and
(y) shall maintain all of its rights as Issuing Bank with respect to any Letters of Credit issued by it prior to the date of such resignation. Upon the acceptance of its appointment as Agent hereunder by a successor, such successor shall
succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations hereunder. The fees payable by the Borrower to a successor Agent shall
be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After an Agent’s resignation hereunder, the provisions of this Article and Section 9.05 shall continue in effect for the
benefit of such retiring Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while acting as Agent. 

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 and the Required Lenders shall thereafter perform all the duties of the Administrative Agent hereunder and/or under any other Loan Document until such time, if
any, as the Required Lenders appoint a successor Administrative Agent.  
 Each Lender acknowledges that it has, independently
and without reliance upon the Agents or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will,
independently and without reliance upon the Agents or any other Lender and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon
this Agreement or any other Loan Document, any related agreement or any document furnished hereunder or thereunder. 
 Notwithstanding any
other provision of this Agreement or any provision of any other Loan Document and each of the Arrangers are named as such for recognition purposes only, and in their respective capacities as such shall have no duties, responsibilities or liabilities
with respect to this Agreement or any other Loan Document; it being understood and agreed that each of the Arrangers shall be entitled to all indemnification and reimbursement rights in favor of the Agents provided herein and in the other Loan
Documents. Without limitation of the foregoing, none of the Arrangers in their respective capacities as such shall, by reason of this Agreement or any other Loan Document, have any fiduciary relationship in respect of any Lender, Loan Party or any
other Person. Each party hereto agrees that each Agent not a signatory hereto shall be a third party beneficiary of the rights herein set forth applicable to such Agent. 

  
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 ARTICLE IX 

Miscellaneous 

SECTION 9.01 Notices; Electronic Communications. 

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, sent by fax or via electronic mail, as follows: 
 (a) if to the Borrower, to it at AAC Holdings, Inc., 200
Powell Place, Brentwood, TN 37027, Attention: Kirk R. Manz, Chief Financial Officer (Telephone: 615-679-4737; Email: kmanz@contactaac.com) and Attention: Andrew W. McWilliams, Chief Accounting Officer (Telephone: 615-732-1385; Email:
amcwilliams@contactaac.com) and Attention: Kathryn Sevier Phillips, Chief Legal Officer, General Counsel and Secretary (Telephone: 615-732-1366; Email: ksphillips@contactaac.com); 

(b) if to the Administrative Agent, to Credit Suisse AG, Agency Manager, Eleven Madison Avenue,
9th Floor, New York, NY 10010, Fax No. 212-322-2291, Email: agency.loanops@credit-suisse.com; 

(c) if to the Issuing Bank, to Credit Suisse AG, Trade Finance/Services Department, Eleven Madison Avenue, 9th Floor, New York, NY 10010, Fax No. 212-325-8315, Email: list.ib-lettersofcredit-ny@credit-suisse.com; and 

(d) if to a Lender, to it at its address (or fax number) set forth on Schedule 2.01 or in the Assignment and Acceptance pursuant to which such
Lender shall have become a party hereto. 
 All notices and other communications given to any party hereto in accordance with the provisions
of this Agreement shall be deemed to have been given on the date of receipt if delivered by hand or overnight courier service or sent by fax or on the date five Business Days after dispatch by certified or registered mail if mailed, in each case
delivered, sent or mailed (properly addressed) to such party as provided in this Section 9.01 or in accordance with the latest unrevoked direction from such party given in accordance with this Section 9.01. As agreed to among the Borrower,
the Administrative Agent and the applicable Lenders from time to time, notices and other communications may also be delivered by e-mail to the e-mail address of a representative of the applicable Person provided from time to time by such Person.

 The Borrower hereby agrees, unless directed otherwise by the Administrative Agent or unless the electronic mail address referred to below
has not been provided by the Administrative Agent to the Borrower, that it will, or will cause its Subsidiaries to, provide to the Administrative Agent all information, documents and other materials that it is obligated to furnish to the
Administrative Agent pursuant to the Loan Documents or to the Lenders under Article V, 

  
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including all notices, requests, financial statements, financial and other reports, certificates and other information materials, but excluding any such communication that (i) is or relates
to a Borrowing Request, a notice pursuant to Section 2.10 or a notice requesting the issuance, amendment, extension or renewal of a Letter of Credit pursuant to Section 2.22, (ii) relates to the payment of any principal or other
amount due under this Agreement prior to the scheduled date therefor, (iii) provides notice of any Default or Event of Default under this Agreement or any other Loan Document or (iv) is required to be delivered to satisfy any condition
precedent to the effectiveness of this Agreement and/or any Borrowing or other extension of credit hereunder (all such non-excluded communications being referred to herein collectively as “Communications”), by transmitting
the Communications in an electronic/soft medium that is properly identified in a format acceptable to the Administrative Agent to an electronic mail address as directed by the Administrative Agent. In addition, the Borrower agrees, and agrees to
cause its Subsidiaries, to continue to provide the Communications to the Administrative Agent or the Lenders, as the case may be, in the manner specified in the Loan Documents but only to the extent requested by the Administrative Agent. 

The Borrower hereby acknowledges that (a) the Administrative Agent will make available to the Lenders and the Issuing Bank
materials and/or information provided by or on behalf of the Borrower hereunder (collectively, the “Borrower Materials”) by posting the Borrower Materials on Intralinks or another similar electronic system (the
“Platform”) and (b) certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive material non-public information with respect to the Borrower, their respective subsidiaries or
their respective securities) (each, a “Public Lender”). The Borrower hereby agrees that (w) all Borrower Materials that are to be made available to Public Lenders shall be clearly and conspicuously marked
“PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the
Administrative Agent and the Lenders to treat such Borrower Materials as not containing any material non-public information with respect to the Borrower, their respective subsidiaries or their respective securities for purposes of foreign, United
States federal and state securities laws (provided that, to the extent such Borrower Materials constitute Information, they shall be treated as set forth in Section 9.16); (y) all Borrower Materials
marked “PUBLIC” are permitted to be made available through a portion of the Platform designated as “Public Investor”; and (z) the Administrative Agent shall be entitled to treat any Borrower Materials that are not marked
“PUBLIC” as being suitable only for posting on a portion of the Platform not marked as “Public Investor”. Notwithstanding the foregoing, the following Borrower Materials shall be deemed to be marked “PUBLIC” unless the
Borrower notifies the Administrative Agent promptly that any such document contains material non-public information: (1) the Loan Documents, (2) any notification of changes in the terms of the Credit Facilities and (3) all information
delivered pursuant to Sections 5.04(a), (b) and (c). 
 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 foreign, United States Federal and state securities laws, to make reference to Communications 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 foreign, United States Federal or state securities laws. 

  
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 THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” NEITHER THE
ADMINISTRATIVE AGENT NOR ANY OF ITS RELATED PARTIES WARRANTS THE ACCURACY OR COMPLETENESS OF THE COMMUNICATIONS OR THE ADEQUACY OF THE PLATFORM AND EACH EXPRESSLY DISCLAIMS LIABILITY FOR ERRORS OR OMISSIONS IN THE COMMUNICATIONS. 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 THE ADMINISTRATIVE AGENT OR ANY OF ITS
RELATED PARTIES IN CONNECTION WITH THE COMMUNICATIONS OR THE PLATFORM. IN NO EVENT SHALL THE ADMINISTRATIVE AGENT OR ANY OF ITS RELATED PARTIES HAVE ANY LIABILITY TO ANY LOAN PARTY, ANY LENDER OR ANY OTHER PERSON FOR DAMAGES OF ANY KIND, WHETHER OR
NOT BASED ON STRICT LIABILITY AND INCLUDING DIRECT OR INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT OR OTHERWISE) ARISING OUT OF ANY LOAN PARTY’S OR THE ADMINISTRATIVE AGENT’S
TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET, EXCEPT TO THE EXTENT THE LIABILITY OF ANY SUCH PERSON IS FOUND IN A FINAL RULING BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED PRIMARILY FROM SUCH PERSON’S GROSS NEGLIGENCE OR WILLFUL
MISCONDUCT. 
 The Administrative Agent agrees that the receipt of the Communications by the Administrative Agent at its e-mail address set
forth above shall constitute effective delivery of the Communications to the Administrative Agent for purposes of the Loan Documents. Each Lender agrees that receipt of notice to it (as provided in the next sentence) specifying that the
Communications have been posted to the Platform shall constitute effective delivery of the Communications to such Lender for purposes of the Loan Documents. Each Lender agrees to notify the Administrative Agent in writing (including by electronic
communication) from time to time of such Lender’s e-mail address to which the foregoing notice may be sent by electronic transmission and that the foregoing notice may be sent to such e-mail address. 

Nothing herein shall prejudice the right of the Administrative Agent or any Lender to give any notice or other communication pursuant to any
Loan Document in any other manner specified in such Loan Document. 
 SECTION 9.02 Survival of Agreement.

 All covenants, agreements, representations and warranties made by the Borrower herein and in the certificates or other instruments
prepared or delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the Lenders and the Issuing Bank and shall survive the making by the Lenders of the Loans and the
issuance of Letters of Credit by the Issuing Bank, regardless of any investigation made by the Lenders or the Issuing Bank or on their behalf, and shall continue in full force and effect as long 

  
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as the principal of or any accrued interest on any Loan or any Fee or any other amount payable under this Agreement or any other Loan Document is outstanding and unpaid or any Letter of Credit is
outstanding and so long as the Commitments have not been terminated. The provisions of Sections 2.14, 2.16, 2.20 and 9.05 shall remain operative and in full force and effect regardless of the expiration of the term of this Agreement, the
consummation of the transactions contemplated hereby, the repayment of any of the Loans, the expiration of the Commitments, the expiration of any Letter of Credit, the invalidity or unenforceability of any term or provision of this Agreement or any
other Loan Document, or any investigation made by or on behalf of the Administrative Agent, the Collateral Agent, any Lender or the Issuing Bank. 

SECTION 9.03 Binding Effect. 

This Agreement shall become effective when it shall have been executed by the Borrower and the Administrative Agent and when the Administrative
Agent shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto. 

SECTION 9.04 Successors and Assigns. 

(a) Whenever in this Agreement any of the parties hereto is referred to, such reference shall be deemed to include the permitted successors and
assigns of such party; and all covenants, promises and agreements by or on behalf of the Borrower, the other Loan Parties, the Administrative Agent, the Collateral Agent, the Issuing Bank or the Lenders that are contained in this Agreement shall
bind and inure to the benefit of their respective successors and assigns. 
 (b) Each Lender may assign to one or more Eligible
Assignees all or a portion of its interests, rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans at the time owing to it); provided, however, that (i) the amount of the
Commitment or Loans of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Acceptance with respect to such assignment is delivered to the Administrative Agent) shall be in an integral multiple of, and
not less than, $1,000,000 (or, if less, the entire remaining amount of such Lender’s Commitment or Loans of the relevant Class); provided that simultaneous assignments by two or more Related Funds shall be combined for purposes of
determining whether the minimum assignment requirement is met, (ii) the parties to each assignment shall (A) execute and deliver to the Administrative Agent an Assignment and Acceptance via an electronic settlement system acceptable to the
Administrative Agent or (B) if previously agreed with the Administrative Agent, manually execute and deliver to the Administrative Agent an Assignment and Acceptance, and, in each case, shall pay to the Administrative Agent a processing and
recordation fee of $3,500 (which fee may be waived or reduced in the sole discretion of the Administrative Agent) and (iii) the assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire (in
which the assignee shall designate one or more credit contacts to whom all syndicate-level information (which may contain material non-public information about the Loan Parties and their Related Parties or their respective securities) will be made
available and who may receive such information in accordance with the assignee’s compliance procedures and applicable laws, including foreign, United States Federal and state securities laws) and all applicable tax forms. Upon acceptance
and recording pursuant to paragraph (e) of this Section 9.04, from and after the 

  
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effective date specified in each Assignment and Acceptance, (A) the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and
Acceptance, have the rights and obligations of a Lender under this Agreement and (B) the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this
Agreement (and, in the case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be
entitled to the benefits of, and subject to the obligations of, Sections 2.14, 2.16, 2.20 and 9.05, as well as to any Fees accrued for its account and not yet paid); 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. 

(c) By executing and delivering an Assignment and Acceptance, the assigning Lender thereunder and the assignee thereunder shall be deemed to
confirm to and agree with each other and the other parties hereto as follows: (i) such assigning Lender warrants that it is the legal and beneficial owner of the interest being assigned thereby free and clear of any adverse claim and that
its Term Loan Commitment and Revolving Credit Commitment, and the outstanding balances of its Term Loans and Revolving Loans, in each case without giving effect to assignments thereof which have not become effective, are as set forth in such
Assignment and Acceptance, (ii) except as set forth in clause (i) above, such assigning Lender makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in
connection with this Agreement, or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement, any other Loan Document or any other instrument or document furnished pursuant hereto, or the financial
condition of the Borrower or any Subsidiary or the performance or observance by the Borrower or any Subsidiary of any of its obligations under this Agreement, any other Loan Document or any other instrument or document furnished pursuant hereto;
(iii) such assignee represents and warrants that it is an Eligible Assignee legally authorized to enter into such Assignment and Acceptance; (iv) such assignee confirms that it has received a copy of this Agreement, together with copies of
the most recent financial statements referred to in Section 3.05(a) or delivered pursuant to Section 5.04 and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into such
Assignment and Acceptance; (v) such assignee will independently and without reliance upon the Administrative Agent, the Collateral Agent, such assigning Lender or any other Lender and based on such documents and information as it shall deem
appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement; (vi) such assignee appoints and authorizes the Administrative Agent and the Collateral Agent to take such action as agent on
its behalf and to exercise such powers under this Agreement as are delegated to the Administrative Agent and the Collateral Agent, respectively, by the terms hereof, together with such powers as are reasonably incidental thereto; and (vii) such
assignee agrees that it will perform in accordance with their terms all the obligations which by the terms of this Agreement are required to be performed by it as a Lender. 

  
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 (d) The Administrative Agent, acting solely for this purpose as an agent of the
Borrower, shall maintain at one of its offices in The City of New York a copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitment of, and principal amount
(and stated interest) of the Loans owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive absent manifest error and the Borrower, the
Administrative Agent, the Issuing Bank, the Collateral 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, notwithstanding notice
to the contrary; 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 the Lender’s having been a Defaulting Lender. The Register shall be available for inspection by the Borrower, the Issuing Bank, the Collateral Agent and any Lender, at any reasonable time and from time to time upon reasonable prior
notice. 
 (e) Upon its receipt of, and consent to, a duly completed Assignment and Acceptance executed by an assigning Lender
and an assignee, an Administrative Questionnaire completed in respect of the assignee (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b) above, if applicable, and the
written consent of the Administrative Agent and, if required, the Borrower and the Issuing Bank to such assignment and any applicable tax forms, the Administrative Agent shall promptly (i) accept such Assignment and Acceptance and
(ii) record the information contained therein in the Register. No assignment shall be effective unless it has been recorded in the Register as provided in this paragraph (e). 

(f) Each Lender may without the consent of the Borrower, the Issuing Bank or the Administrative Agent sell participations to one or more
banks or other Persons (other than to any Disqualified Institution or any natural person) in all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans owing to it);
provided, however, 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,
(iii) the participating banks or other Persons shall be entitled to the benefit of the cost protection provisions contained in, and subject to the obligations contained in, Section 2.14, 2.16 and 2.20 to the same extent as if they were
Lenders (provided that such participating bank or other Person (A) agrees to be subject to the provisions of Sections 2.21 as if it were an assignee under paragraph (b) of this Section; and (B) shall not be entitled to receive
any greater payment under Section 2.14 or 2.20, 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 participating bank or other Person acquired the applicable participation) and (iv) the Borrower, the Administrative Agent, the Issuing Bank and the Lenders shall continue to deal solely and directly with such Lender in
connection with such Lender’s rights and obligations under this Agreement, and such Lender shall retain the sole right to enforce the obligations of the Borrower relating to the Loans or L/C Disbursements and to approve any amendment,
modification or waiver of any provision of this Agreement (other than amendments, modifications or waivers decreasing any fees payable to such participating bank or Person hereunder or the amount of principal of or the rate at which interest is
payable on the Loans in which such participating bank or Person has an interest, extending any scheduled principal payment date or date fixed for the payment of interest on the Loans in which such participating bank or Person has an interest,
increasing or extending the Commitments in which such participating bank or Person has an interest or releasing any 

  
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Subsidiary Guarantor (other than in connection with the sale of such Subsidiary Guarantor in a transaction permitted by Section 6.05) or all or substantially all of the Collateral).
To the extent permitted by law, each participating bank or other Person also shall be entitled to the benefits of Section 9.06 as though it were a Lender, provided such participating bank or other Person agrees to be subject to
Section 2.18 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 participating
bank or other Person and the principal amounts (and stated interest) of 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 to any Person (including the identity of any participant or any information relating to a
participant’s interest in any Commitments, Loans, Letters of Credit or its other obligations under any Loan Document) 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. 

(g) Any Lender or participant may, in connection with any assignment or participation or proposed assignment or participation pursuant
to this Section 9.04, disclose to the assignee or participant or proposed assignee or participant any information relating to the Borrower furnished to such Lender by or on behalf of the Borrower; provided that, prior to any such
disclosure of information designated by the Borrower as confidential, each such assignee or participant or proposed assignee or participant shall execute an agreement whereby such assignee or participant shall agree (subject to customary exceptions)
to preserve the confidentiality of such confidential information on terms no less restrictive than those applicable to the Lenders pursuant to Section 9.16. 

(h) Any Lender may at any time assign all or any portion of its rights under this Agreement to secure extensions of credit to such
Lender or in support of obligations owed by such Lender; provided that no such assignment shall release a Lender from any of its obligations hereunder or substitute any such assignee for such Lender as a party hereto. 

(i) Notwithstanding anything to the contrary contained herein, any Lender (a “Granting Lender”) may grant to a special
purpose funding vehicle (an “SPV”), identified as such in writing from time to time by the Granting Lender to the Administrative Agent and the Borrower, the option to provide to the Borrower all or any part of any Loan that
such Granting Lender would otherwise be obligated to make to the Borrower pursuant to this Agreement; provided that (i) nothing herein shall constitute a commitment by any SPV to make any Loan and (ii) if an SPV elects not to
exercise such option or otherwise fails to provide all or any part of such Loan, the Granting Lender shall be obligated to make such Loan pursuant to the terms hereof. The making of a Loan by an SPV hereunder shall utilize the Commitment of the
Granting Lender to the same extent, and as if, such Loan were made by such Granting Lender. Each party hereto hereby agrees that no SPV shall be liable for any indemnity or similar payment obligation under this Agreement (all liability for which
shall remain with the Granting Lender). In furtherance of the foregoing, each party hereto hereby agrees (which agreement shall survive 

  
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the termination of this Agreement) that, prior to the date that is one year and one day after the payment in full of all outstanding commercial paper or other senior indebtedness of any SPV, it
will not institute against, or join any other Person in instituting against, such SPV any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings under the laws of the United States or any State or territory thereof. In
addition, notwithstanding anything to the contrary contained in this Section 9.04, any SPV may (i) with notice to, but without the prior written consent of, the Borrower and the Administrative Agent and without paying any processing fee
therefor, assign all or a portion of its interests in any Loans to the Granting Lender or to any financial institutions (consented to in writing by the Borrower and Administrative Agent) providing liquidity and/or credit support to or for the
account of such SPV to support the funding or maintenance of Loans and (ii) disclose on a confidential basis any non-public information relating to its Loans to any rating agency, commercial paper dealer or provider of any surety, guarantee or
credit or liquidity enhancement to such SPV. 
 (j) The Borrower shall not assign or delegate any of its rights or duties hereunder without
the prior written consent of the Administrative Agent, the Issuing Bank and each Lender, and any attempted assignment without such consent shall be null and void. 

(k) 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 (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the
Administrative Agent, the Issuing Bank and each other Lender hereunder (and interest accrued thereon), and (y) acquire (and fund as appropriate) its full pro rata share of all Loans and participations in Letters of Credit in accordance with its
Pro Rata 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. 

(l) Notwithstanding anything in this Agreement to the contrary, any Term Lender may, at any time, assign all or a portion of its Term Loans on
a non-pro rata basis to the Borrower or any Subsidiary through Dutch Auctions open to all Term Lenders on a pro rata basis, subject to the following limitations: 

(i) the Borrower and each Subsidiary (as applicable) shall represent and warrant as of the date of any such assignment, that
neither it nor any of its respective directors or officers has any material non-public information with respect to the Borrower or the Subsidiaries or any of their respective securities that has not been disclosed to the Term Lenders generally
(other than because such Term Lenders do not wish to receive material non-public information with respect to the Borrower or the Subsidiaries or any of their respective securities) prior to such date; 

  
 118 

 (ii) immediately upon the effectiveness of such assignment of Term Loans from a
Term Lender to the Borrower or any Subsidiary, such Term Loans and all rights and obligations as a Term Lender related thereto shall, for all purposes under this Agreement, the other Loan Documents and otherwise, be deemed to be irrevocably prepaid,
terminated. extinguished, cancelled and of no further force and effect and the Borrower and such Subsidiary (as applicable) shall neither obtain nor have any rights as a Term Lender hereunder or under the other Loan Documents by virtue of such
assignment; 
 (iii) the Borrower and each Subsidiary shall not use the proceeds of any Revolving Loans for any such
assignment; and 
 (iv) no Default or Event of Default shall have occurred and be continuing. 

SECTION 9.05 Expenses; Indemnity. 

(a) The Borrower agrees to pay (i) all reasonable documented out-of-pocket expenses incurred by the Administrative Agent, the Collateral
Agent, the Issuing Bank and the Arrangers in connection with (x) the syndication of the Credit Facilities and the preparation, negotiation and execution of this Agreement and the other Loan Documents (including, without limitation, the
reasonable documented fees, charges and disbursements of Milbank, Tweed, Hadley & McCloy LLP, counsel for the Administrative Agent and the Collateral Agent, it being understood that indemnification for legal counsel is limited to one lead
counsel and one local counsel in each appropriate jurisdiction), and (y) the administration of this Agreement and the other Loan Documents or in connection with any amendments, modifications or waivers of the provisions hereof or thereof and
(ii) all documented out-of-pocket expenses incurred by the Administrative Agent, the Collateral Agent and each Lender in connection with the enforcement or protection of its rights in connection with this Agreement and the other Loan Documents
or in connection with the Loans made or Letters of Credit issued hereunder, including the reasonable documented fees, charges and disbursements of Milbank, Tweed, Hadley & McCloy LLP, counsel for the Administrative Agent and the Collateral
Agent, and, in connection with any such enforcement or protection, the fees, charges and disbursements of any other counsel for the Administrative Agent, the Collateral Agent or any Lender. 

(b) The Borrower agrees to indemnify the Administrative Agent, the Collateral Agent, the Arrangers, each Lender, the Issuing
Bank and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and to hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related
expenses, including reasonable documented counsel fees, charges and disbursements, incurred by or asserted against any Indemnitee arising out of, in any way connected with, or as a result of (i) the execution or delivery of this Agreement or
any other Loan Document or any agreement or instrument contemplated thereby, the performance by the parties thereto of their respective obligations thereunder or the consummation of the Transactions and the other transactions
contemplated thereby (including the syndication of the Credit Facilities), (ii) the use of the 

  
 119 

 
proceeds of the Loans or issuance of Letters of Credit, (iii) any claim, litigation, investigation or proceeding relating to any of the foregoing, whether or not any Indemnitee is a
party thereto (and regardless of whether such matter is initiated by a third party or by the Borrower, any other Loan Party or any of their respective Affiliates), or (iv) any actual or alleged presence or Release of Hazardous Materials on any
property currently or formerly owned or operated by the Borrower or any of the Subsidiaries, or any Environmental Liability related in any way to the Borrower or the Subsidiaries and this Agreement; provided that such indemnity shall not, as
to an Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (i) are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted primarily from the
gross negligence or willful misconduct of such Indemnitee, (ii) result from a material breach of the Loan Documents by such Indemnitee or (iii) result from any dispute solely among Indemnitees not involving an act or omission by the
Borrower or its Subsidiaries other than claims against any Indemnitee in its capacity or in fulfilling its role as an agent or arranger or any other similar role under this Agreement. 

(c) To the extent that the Borrower fails to pay any amount required to be paid by it to the Administrative Agent, the Collateral Agent,
any Arranger or the Issuing Bank under paragraph (a) or (b) of this Section, each Lender severally agrees to pay to the Administrative Agent, the Collateral Agent or the Issuing Bank, 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) of such unpaid amount; provided 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, the Collateral Agent, any Arranger or the Issuing Bank in its capacity as such. For purposes hereof, a Lender’s “pro rata share” shall be determined based upon its
share of the sum of the Aggregate Revolving Credit Exposure, outstanding Term Loans and unused Commitments at the time (in each case, determined as if no Lender were a Defaulting Lender). 

(d) To the extent permitted by applicable law, the Borrower 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 or any agreement or instrument contemplated hereby, the
Transactions, any Loan or Letter of Credit or the use of the proceeds thereof. 
 (e) The provisions of this Section 9.05 shall remain
operative and in full force and effect regardless of the expiration of the term of this Agreement, the consummation of the transactions contemplated hereby, the repayment of any of the Loans, the expiration of the Commitments, the expiration of any
Letter of Credit, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Administrative Agent, the Collateral Agent, any Lender or the Issuing Bank.
All amounts due under this Section 9.05 shall be payable within 10 Business Days of written demand therefor and, reasonably promptly following a request by the Borrower therefor, a reasonably detailed summary of such amounts. 

(f) The provisions of this Section 9.05 shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages,
etc. arising from any non-Tax claim. 

  
 120 

 SECTION 9.06 Right of Setoff. 

If an Event of Default shall have occurred and be continuing, each Lender is hereby authorized at any time and from time to time, except to the
extent prohibited by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by such Lender to or for the credit or the account of the
Borrower against any of and all the obligations of the Borrower now or hereafter existing under this Agreement and other Loan Documents held by such Lender, irrespective of whether or not such Lender shall have made any demand under this Agreement
or such other Loan Document and although such obligations may be unmatured. The rights of each Lender under this Section 9.06 are in addition to other rights and remedies (including other rights of setoff) which such Lender may have;
provided that in the event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the
provisions of Section 2.24 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent, the Issuing Banks, and the Lenders, and (y) the
Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. The rights of each Lender, the Issuing
Bank and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, the Issuing Bank or their respective Affiliates may have. Each Lender and the Issuing Bank
agrees 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. Notwithstanding the
provisions of this Agreement or any other Loan Document, if at any time any Lender, the Issuing Bank or any of their respective Affiliates maintains one or more deposit accounts for the Borrower or any other Loan Party into which Medicare and/or
Medicaid receivables or any other government program receivables subject to federal reassignment prohibitions are deposited, then, in each case, such Person hereby waives and shall continue to waive the right of setoff set forth herein and therein.

 SECTION 9.07 Applicable Law. 

THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS (OTHER THAN LETTERS OF CREDIT AND AS EXPRESSLY SET FORTH IN OTHER LOAN DOCUMENTS) SHALL BE
CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. EACH LETTER OF CREDIT SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED IN ACCORDANCE WITH, THE LAWS OR RULES DESIGNATED IN SUCH LETTER OF CREDIT, OR IF NO SUCH LAWS OR RULES
ARE DESIGNATED, THE UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS MOST RECENTLY PUBLISHED AND IN EFFECT, ON THE DATE SUCH LETTER OF CREDIT WAS ISSUED, BY THE INTERNATIONAL CHAMBER OF COMMERCE (THE “UNIFORM CUSTOMS”)
AND, AS TO MATTERS NOT GOVERNED BY THE UNIFORM CUSTOMS, THE LAWS OF THE STATE OF NEW YORK. 

  
 121 

 SECTION 9.08 Waivers; Amendment. 

(a) No failure or delay of the Administrative Agent, the Collateral Agent, any Lender or the Issuing Bank in exercising any power or right
hereunder or under any other Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or
further exercise thereof or the exercise of any other right or power. The rights and remedies of the Administrative Agent, the Collateral Agent, the Issuing Bank and the Lenders hereunder and under the other Loan Documents are cumulative and are not
exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or any other Loan Document or consent to any departure by the Borrower or any other Loan Party therefrom shall in any event be effective
unless the same shall be permitted by paragraph (b) below, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice or demand on the Borrower in any case shall entitle the
Borrower to any other or further notice or demand in similar or other circumstances. 
 (b) Neither this Agreement nor any provision
hereof may be waived, amended or modified except pursuant to an agreement or agreements in writing entered into by the Borrower and the Required Lenders; provided, however, that no such agreement shall (i) decrease the
principal amount of, or extend the maturity of or any scheduled principal payment date or date for the payment of any interest on any Loan or any date for reimbursement of an L/C Disbursement, or waive or excuse any such payment or any part thereof,
or decrease the rate of interest on any Loan or L/C Disbursement, without the prior written consent of each Lender directly adversely affected thereby, (ii) increase or extend the Commitment or decrease or extend the date for payment of
any Fees of any Lender without the prior written consent of such Lender, (iii) amend or modify the pro rata requirements of Section 2.17, the provisions of Section 9.04(j) or (l) or the provisions of this Section 9.08
or release any Subsidiary Guarantor (other than in connection with the sale of such Subsidiary Guarantor in a transaction permitted by Section 6.05) or all or substantially all of the Collateral, without the prior written consent of each
Lender, (iv) change the provisions of any Loan Document in a manner that by its terms adversely affects the rights in respect of payments due to Lenders holding Loans of one Class differently from the rights of Lenders holding Loans of any
other Class without the prior written consent of Lenders holding a majority in interest of the outstanding Loans and unused Commitments of each adversely affected Class, (v) modify the protections afforded to an SPV pursuant to the provisions
of Section 9.04(i) without the written consent of such SPV or (vi) amend or modify the definition of the term “Required Lenders” without the prior written consent of each Lender (it being understood that, with the consent of the
Required Lenders, additional extensions of credit pursuant to this Agreement may be included in the determination of the Required Lenders on substantially the same basis as the Term Loan Commitments and Revolving Credit Commitments on the date
hereof); provided, however, that no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent, the Collateral Agent or the Issuing Bank hereunder or under any other Loan Document without
the prior written consent of the Administrative Agent, the Collateral Agent or the Issuing Bank; provided, further that no such agreement shall change (x) Section 2.18 in a manner that would alter the pro rata sharing of payments
required thereby or (y) the definition of “Class” without the written consent of each Lender directly and adversely affected thereby. 

  
 122 

 (c) The Administrative Agent and the Borrower may amend any Loan Document to correct
administrative errors or omissions, or to effect administrative changes that are not adverse to any Lender, or to make modifications contemplated by Section 2.23 or 2.25. Notwithstanding anything to the contrary contained herein, such amendment
shall become effective without any further consent of any other party to such Loan Document. 
 SECTION 9.09 Interest Rate
Limitation. 
 Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Loan
or participation in any L/C Disbursement, together with all fees, charges and other amounts which are treated as interest on such Loan or participation in such L/C Disbursement under applicable law (collectively the
“Charges”), shall exceed the maximum lawful rate (the “Maximum Rate”) which may be contracted for, charged, taken, received or reserved by the Lender holding such Loan or participation in accordance
with applicable law, the rate of interest payable in respect of such Loan or participation hereunder, together with all Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges that
would have been payable in respect of such Loan or participation but were not payable as a result of the operation of this Section 9.09 shall be cumulated and the interest and Charges payable to such Lender in respect of other Loans or
participations or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated amount, together with interest thereon at the Federal Funds Effective Rate to the date of repayment, shall have been received by such
Lender. 
 SECTION 9.10 Entire Agreement. 

This Agreement, the Engagement Letter (solely for purposes of Section 2.05) and the other Loan Documents constitute the entire contract
between the parties relative to the subject matter hereof. Any other previous agreement among the parties with respect to the subject matter hereof is superseded by this Agreement and the other Loan Documents. Nothing in this Agreement or in the
other Loan Documents, expressed or implied, is intended to confer upon any Person (other than the parties hereto and thereto, their respective successors and assigns permitted hereunder (including any Affiliate of the Issuing Bank that issues any
Letter of Credit) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Collateral Agent, the Issuing Bank and the Lenders) any rights, remedies, obligations or liabilities under or by reason
of this Agreement or the other Loan Documents. 
 SECTION 9.11 WAIVER OF JURY TRIAL. 

EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY
LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED,
EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER 

  
 123 

 
AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL
WAIVERS AND CERTIFICATIONS IN THIS SECTION 9.11. 
 SECTION 9.12 Severability. 

In the event any one or more of the provisions contained in this Agreement or in any other Loan Document should be held invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and therein shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular provision
in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 SECTION
9.13 Counterparts. 
 This Agreement may be executed in counterparts (and by different parties hereto on different
counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract, and shall become effective as provided in Section 9.03. Delivery of an executed signature page to this Agreement
by facsimile (or other electronic) transmission shall be as effective as delivery of a manually signed counterpart of this Agreement. 

SECTION 9.14 Headings. 

Article and Section headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and
are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 
 SECTION 9.15
Jurisdiction; Consent to Service of Process. 
 (a) The Borrower hereby irrevocably and unconditionally submits, for itself and
its property, to the exclusive jurisdiction of any New York State court or Federal court of the United States of America sitting in the Borough of Manhattan in New York City, and any appellate court from any thereof, in any action or
proceeding arising out of or relating to this Agreement or the other Loan Documents, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any
such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such Federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive
and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that the Administrative Agent, the Collateral Agent, the Issuing Bank or any Lender may
otherwise have to bring any action or proceeding relating to this Agreement or the other Loan Documents against the Borrower or its properties in the courts of any jurisdiction. 

  
 124 

 (b) The Borrower hereby irrevocably and unconditionally waives, to the fullest extent it may
legally and effectively do so, any objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the other Loan Documents in any New York State or Federal
court. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 

(c) Each party to this Agreement irrevocably consents to service of process in the manner provided for notices in Section 9.01. Nothing in
this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law. 

SECTION 9.16 Confidentiality. 

Each of the Administrative Agent, the Collateral Agent, the Issuing Bank and the Lenders agrees to maintain the confidentiality
of the Information (as defined below), except that Information may be disclosed (a) to its and its Affiliates’ officers, directors, employees and agents, including accountants, legal counsel and other advisors and any numbering,
administration and settlement service providers (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 requested by any regulatory authority or quasi-regulatory authority (such as the National Association of Insurance Commissioners), (c) to the extent required by applicable laws or regulations or by any subpoena or similar legal
process, (d) in connection with the exercise of any remedies hereunder or under the other Loan Documents or any suit, action or proceeding relating to the enforcement of its rights hereunder or thereunder, (e) subject to an agreement
containing provisions substantially the same as those of this Section 9.16, to (i) any actual or prospective assignee of or participant in any of its rights or obligations under this Agreement and the other Loan Documents and their
respective financing sources or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower or any Subsidiary or any of their respective obligations, (f) with the consent of
the Borrower or (g) to the extent such Information becomes publicly available other than as a result of a breach of this Section 9.16. For the purposes of this Section, “Information” shall mean all information
received from the Borrower and related to the Borrower or its business, other than any such information that was available to the Administrative Agent, the Collateral Agent, the Issuing Bank or any Lender on a nonconfidential basis prior to its
disclosure by the Borrower; provided that, in the case of Information received from the Borrower after the date hereof, such information is clearly identified at the time of delivery as confidential or is
information that a reasonably prudent person would presume to be confidential. Any Person required to maintain the confidentiality of Information as provided in this Section 9.16 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 its own confidential information. 

SECTION 9.17 Lender Action. 

Each Lender agrees that it shall not take or institute any actions or proceedings, judicial or otherwise, for any right or remedy against any
Loan Party or any other obligor under any of the Loan Documents (including the exercise of any right of setoff, rights on account of any banker’s lien or similar claim or other rights of self-help), or institute any actions or proceedings,

  
 125 

 
or otherwise commence any remedial procedures, with respect to any Collateral or any other property of any such Loan Party, unless expressly provided for herein or in any other Loan Document,
without the prior written consent of the Administrative Agent. The provisions of this Section 9.17 are for the sole benefit of the Lenders and shall not afford any right to, or constitute a defense available to, any Loan Party. 

SECTION 9.18 USA PATRIOT Act Notice. 

Each Lender and the Administrative Agent (for itself and not on behalf of any Lender) hereby notifies the Borrower that pursuant to the
requirements of the USA PATRIOT Act, it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender or the
Administrative Agent, as applicable, to identify the Borrower in accordance with the USA PATRIOT Act. 
 SECTION 9.19 Withholding
Taxes. 
 To the extent required by any applicable law, the Administrative Agent may withhold from any interest payment to any Lender
an amount equivalent to any applicable withholding Tax. If any taxing authority asserts a claim that the Administrative Agent did not properly withhold Tax from amounts paid to or for the account of any Lender because the appropriate form was not
delivered or was not properly executed or because such Lender failed to notify the Administrative Agent of a change in circumstance which rendered the exemption from, or reduction of, withholding Tax ineffective or for any other reason, such Lender
shall indemnify the Administrative Agent fully for all amounts paid, directly or indirectly, by the Administrative Agent as Tax or otherwise, including any penalties or interest and together with all expenses (including legal expenses, allocated
internal costs and out-of-pocket expenses) incurred. 
 SECTION 9.20 No Fiduciary Duty. 

The parties hereto hereby acknowledge that the Administrative Agent, the Collateral Agent, the Issuing Bank, the Arrangers, each
Lender and their respective Affiliates (collectively, solely for purposes of this paragraph, the “Lenders”), may have economic interests that conflict with those of any Loan Party, its stockholders and/or their respective
Affiliates. The Borrower agrees, on behalf of itself and each other Loan Party, that nothing in the Loan Documents or otherwise will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between any
Lender, on the one hand, and any Loan Party, its stockholders or their respective Affiliates, on the other hand. The Borrower acknowledges and agrees, on behalf of itself and each other Loan Party, that (a) the transactions contemplated by the
Loan Documents (including the exercise of rights and remedies hereunder and thereunder) are arm’s-length commercial transactions between the Lenders, on the one hand, and the Loan Parties, on the other hand, and (b) in connection therewith
and with the process leading thereto, (i) no Lender has assumed an advisory or fiduciary responsibility in favor of any Loan Party, its stockholders or their respective Affiliates with respect to the transactions contemplated hereby (or the
exercise of rights or remedies with respect thereto) or the process leading thereto (irrespective of whether any Lender has advised, is currently advising or will advise any Loan Party, its stockholders or their respective Affiliates on other
matters) or any other obligation to  

  
 126 

 
any Loan Party except the obligations expressly set forth in the Loan Documents and (ii) each Lender is acting solely as principal and not as the agent or fiduciary of any Loan Party, its
management, stockholders, their respective Affiliates, creditors or any other Person. The Borrower acknowledges and agrees, on behalf of itself and each other Loan Party, that it has consulted its own legal and financial advisors to the extent it
deemed appropriate and that it is responsible for making its own independent judgment with respect to such transactions and the process leading thereto. The Borrower agrees, on behalf of itself and each other Loan Party, that it will not claim that
any Lender has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to any Loan Party, in connection with such transaction or the process leading thereto. 

SECTION 9.21 Acknowledgment and Consent to Bail-In of EEA Financial Institutions. 

Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties,
each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers of an EEA Resolution Authority and
agrees and consents to, and acknowledges and agrees to be bound by: 
 (a) the application of any Write-Down and Conversion Powers by an EEA
Resolution Authority to any such liabilities arising hereunder which may be payable to it by any party hereto that is an EEA Financial Institution; and 

(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 instrumentals of ownership in such EEA Financial
Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such
liability under this Agreement or any other Loan Document; or 
 (iii) the variation of the terms of such liability in
connection with the exercise of the Write-Down and Conversion Powers of any EEA Resolution Authority. 
 SECTION 9.22 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. 
 [Remainder of page intentionally left blank] 

  
 127 

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

			
	AAC HOLDINGS, INC.
		
	By:	 	 /s/ Michael T. Cartwright

		 	Name: Michael T. Cartwright
		 	Title: Chairman and Chief Executive Officer

 [Signature Page to Credit Agreement] 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Administrative Agent, Collateral Agent, Issuing Bank and a Lender
		
	        By	 	
		 	 /s/ Christopher Day

		 	Name: Christopher Day
		 	Title: Authorized Signatory
		
	By	 	
		 	 /s/ Tino Schaufelberger

		 	Name: Tino Schaufelberger
		 	Title: Authorized Signatory

 [Signature Page to Credit Agreement] 

 
			
	BMO Harris Bank, N.A., as Lender
		
	    By:	 	 /s/ Eric Oppenheimer

		 	Name: Eric Oppenheimer
		 	Title: Managing Director

 [Signature Page to Credit Agreement] 

 Exhibit A 

to the Credit Agreement 
  

			
	WHITNEY BANK dba HANCOCK BANK, as a Lender
		
	        By:	 	 /s/ Megan Brearey

		 	Name: Megan Brearey
		 	Title: SVP

  
 A-1 

 Administrative Questionnaire 

 

			
	I. Borrower Name:	  	AAC HOLDINGS, INC.
		  	  

	II. Legal Name of Lender for Signature Page:	  	  

		
	III. Legal Address:	  	
		
		  	
	  
	  	
	  
	  	

 IV. Contact Information: 

							
	 	  	 Credit Contact
	  	 Operations Contact
	  	 Legal Counsel

	Name:	  	  
	  	  
	  	  

	Title:	  	  
	  	  
	  	  

	Address:	  	  
	  	  
	  	  

		  	  
	  	  
	  	  

		  	  
	  	  
	  	  

	Telephone:	  	  
	  	  
	  	  

	Facsimile:	  	  
	  	  
	  	  

	Email: Address:	  	  
	  	  
	  	  

  

	
	V. Lender’s Wire Payment Instructions:

  

			
	Pay to:	  	  

		  	 (Name of Lender)

		
		  	 (ABA#)
                        (City/State)

		
		  	(Account #)                   (Account Name)

 Please return this form, by fax, to the attention of Administrative Agent, fax (212) 322-2291, no later than 5:00 p.m. New
York City time, on [__], 20[__]. 

  
 A-2 

 Administrative Questionnaire 

 

			
	Borrower Name:	  	AAC HOLDINGS, INC.
	
	VI. Organizational Structure:
		
	Foreign Branch, organized under which laws etc.	  	  

		
	Lender’s Tax ID:	  	  

  

	
	Tax withholding Form Attached (For Foreign Buyers)
	
	 ☐       Form W-9

	
	 ☐       Form W-8BEN/W-8BEN-E/W-8ECI

	
	 ☐       Form 4224 effective:

	
	 ☐       Form 1001

	
	
☐       W/Hold          
  % Effective

	
	 ☐       Form 4224 on file with Administrative Agent from
previous year’s transaction

  

	
	VII. Payment Instructions:
	
	 Servicing
 Site:

	
	Pay To:

  

			
	 VIII. Name of Authorized

Officer:
	 	  

		
	Name:	 	  

		
	Signature:	 	  

		
	Date:	 	  

  
 A-2 

 Administrative Questionnaire 

 

			
	IX. Institutional Investor Sub-Allocations	 	
		
	Institution Legal Name:	 	  

		
	Fund Manager:	 	  

		
	Sub-Allocations:	 	

  

									
	 Exact Legal Name

(for documentation purposes)
	  	 Sub-Allocation

(Indicate US$)
	  	 Direct Signer to Credit
Agreement

(Yes / No)
	  	 Purchase by Assignment

(Yes / No)
	  	 Date of Post Closing
Assignment

	 1.
	  	  
	  	  
	  	  
	  	  

	 2.
	  	  
	  	  
	  	  
	  	  

	 3.
	  	  
	  	  
	  	  
	  	  

	 4.
	  	  
	  	  
	  	  
	  	  

	 5.
	  	  
	  	  
	  	  
	  	  

	 6.
	  	  
	  	  
	  	  
	  	  

	 7.
	  	  
	  	  
	  	  
	  	  

	 Total
	  	  
	  	  
	  	  
	  	  

 Special Instructions 
  

 
  

 
  

 
  

 

  
 A-3 

 Exhibit B 

to the Credit Agreement 
 FORM OF
ASSIGNMENT AND ACCEPTANCE 
 Reference is made to the Credit Agreement, dated as of June 30, 2017 (as may be amended, restated,
replaced, refinanced, supplemented or otherwise modified from time to time, the “Credit Agreement”), among AAC HOLDINGS, INC., a Nevada corporation (the “Borrower”), the Lenders from time to time party
thereto and CREDIT SUISSE AG, as administrative agent for the Lenders (in such capacity, including any successor thereto, the “Administrative Agent”) and as collateral agent for the Secured Parties. Capitalized terms used
herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made
a part of this assignment and acceptance agreement (this “Assignment and Acceptance”) as if set forth herein in full. 

SECTION 1. For an agreed consideration, the Assignor hereby irrevocably sells and assigns, without recourse, to the Assignee, and the Assignee
hereby irrevocably purchases and assumes, without recourse, from the Assignor, subject to and in accordance with the Credit Agreement, effective as of the Effective Date set forth below (but not prior to the registration of the information contained
herein in the Register pursuant to Section 9.04(d) of the Credit Agreement), (a) the interests set forth below (the “Assigned Interest”) in the Assignor’s rights and obligations in its capacity as a
Lender under the Credit Agreement and the other Loan Documents to the extent related to the amounts and percentages set forth below of (i) the Commitments of the Assignor on the Effective Date, (ii) the Loans owing to the Assignor which
are outstanding on the Effective Date and (iii) participations of the Assignor in Letters of Credit which are outstanding on the Effective Date and (b) to the extent permitted to be assigned under applicable law, all claims, suits, causes
of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement and the other Loan Documents or in any way based on or related to any
of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (a) above.
Each of the Assignor and the Assignee hereby makes and agrees to be bound by all the representations, warranties and agreements set forth in Section 9.04(c) of the Credit Agreement, a copy of which has been received by each such party. From and
after the Effective Date (i) the Assignee shall be a party to and be bound by the provisions of the Credit Agreement and, to the extent of the interests assigned by this Assignment and Acceptance, have the rights and obligations of a Lender
thereunder and under the Loan Documents and (ii) the Assignor shall, to the extent of the interests assigned by this Assignment and Acceptance, relinquish its rights and be released from its obligations under the Credit Agreement;
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. The Assignor hereby represents and warrants that it [is][is not] a Defaulting Lender. The Assignee hereby represents and warrants that it is not a Disqualified Institution. 

  
 B-1 

 SECTION 2. This Assignment and Acceptance is being delivered to the Administrative Agent together
with, if the Assignee is not already a Lender under the Credit Agreement, a completed Administrative Questionnaire. 
 SECTION 3.
THIS ASSIGNMENT AND ACCEPTANCE SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 
  

			
		
	Date of Assignment:	 	  

		
	Legal Name of Assignor:	 	  

		
	Legal Name of Assignee:	 	  

		
		 	[indicate [Affiliate][Related Fund][other Eligible Assignee] of [Lender]]
		
	Assignee’s Address for Notices:	 	  

		
		 	  

		
	Effective Date of Assignment:	 	  

  

									
	 	  	Principal
Amount
Assigned	 	  	Percentage Assigned of
Applicable Facility/Commitment
(set forth, to at least 8 decimals,
as a percentage of the Facility
and the
aggregate Commitments
of all Lenders thereunder)	 
	 Facility/Commitment
	  				  			
			
	 Revolving Credit Commitment
	  	$		 	  	 	%	 
			
	 Term Loan Commitment
	  	$		 	  	 	%	 

 [Remainder of page intentionally left blank] 

  
 B-2 

									
		 		 	
	 The terms set forth on the foregoing

pages are hereby agreed to:
	 		 	  
 Accepted:

		 		 		 		 	
	                                    
        ,	 		 	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
	as Assignor	 		 	as Administrative Agent [and Issuing Bank]1
					
	By:	 	  
	 		 	By:	 	  

		 	Name:	 		 		 	Name:
		 	Title:	 		 		 	Title:
					
		 		 		 	By:	 	  

		 		 		 		 	Name:
		 		 		 		 	Title:
			
	
                          
                  ,
 as Assignee
	 		 	 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,

as Issuing Bank

					
	By:	 	  
	 		 	By:	 	  

		 	Name:	 		 		 	Name:
		 	Title:	 		 		 	Title:]2
				
		 		 		 	AAC HOLDINGS, INC.
					
		 		 		 	By:	 	  

		 		 		 		 	Name:
		 		 		 		 	Title:

  
  

	1 	If required pursuant to Section 9.04(b) of the Credit Agreement. 

	2 	If required pursuant to Section 9.04(b) of the Credit Agreement. 

  
 B-3 

 ANNEX 1 

STANDARD TERMS AND CONDITIONS FOR 

ASSIGNMENT AND ACCEPTANCE 
 1. Representations
and Warranties. 
 1.1 Assignor. The Assignor represents and warrants that (a) the Assigned Interest is free and clear of any lien,
encumbrance or other adverse claim and (b) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance and to consummate the transactions contemplated hereby. 

1.2. Assignee. The Assignee represents and warrants that (a) it is sophisticated with respect to decisions to acquire assets of the type
represented by the Assigned Interest and either it, or the person exercising discretion in making its decision to acquire the Assigned Interest, is experienced in acquiring assets of such type and (b) if it is a Foreign Lender, attached to the
Assignment and Acceptance is any documentation required to be delivered by it pursuant to Section 2.20(e) of the Credit Agreement, duly completed and executed by the Assignee. 

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

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

  
 B-4 

 Exhibit C 

to the Credit Agreement 
 FORM OF
BORROWING REQUEST 
 Credit Suisse AG, as Administrative Agent for the 

        Lenders referred to below, 

Eleven Madison Avenue 
 New York, NY 10010 

Attention of [            ] 

[Date] 
 Ladies and Gentlemen: 

The undersigned, AAC Holdings, Inc., a Nevada corporation (the “Borrower”), refers to that certain Credit Agreement,
dated as of June 30, 2017 (as may be amended, restated, replaced, refinanced, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the Lenders from time to time party thereto
and CREDIT SUISSE AG, as administrative agent for the Lenders (in such capacity, including any successor thereto, the “Administrative Agent”) and as collateral agent for the Secured Parties. Capitalized terms used herein and
not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. The Borrower hereby gives you notice pursuant to Section 2.03 of the Credit Agreement that it requests a Borrowing under the Credit Agreement,
and in connection therewith sets forth below the terms on which such Borrowing is requested to be made: 
  

							
	(A)	  	 Date of Borrowing
 (which is a Business
Day)
	  	  
	  	
				
	(B)	  	Principal Amount of Borrowing3	  	  
	  	
				
	(C)	  	Class of Borrowing4	  	  
	  	

  

	3 	Except for Loans deemed made pursuant to Section 2.02(f) of the Credit Agreement, the Loans comprising any Borrowing shall be in an aggregate principal amount that is (i) an integral multiple of $500,000 and
not less than $1,000,000 (except, with respect to any Incremental Term Borrowing, to the extent otherwise provided in the related Incremental Loan Assumption Agreement) or (ii) equal to the remaining available balance of the applicable
Commitments. 

	4 	Specify Term Borrowing, Incremental Term Borrowing, Revolving Credit Borrowing or Incremental Revolving Credit Borrowing. 

  
 C-1 

 (D)         Type of
Borrowing5
                                         
                        
 (E)
        Interest Period and the last day thereof6
                                         
                     
 (F)
Funds are requested to be disbursed to the Borrower’s account with             (Account No.             ). 

[Remainder of page intentionally left blank] 
  

  

 

	5 	Specify Eurodollar Borrowing or ABR Borrowing. 

	6 	Applicable only for Eurodollar Borrowings and shall be subject to the definition of “Interest Period” and Section 2.02 of the Credit Agreement and end not later than the Term Loan Maturity Date, the
Incremental Term Loan Maturity Date, the Revolving Credit Maturity Date or the Incremental Revolving Credit Maturity Date. 

  
 C-2 

 The Borrower hereby represents and warrants to the Administrative Agent and the Lenders that, on
the date of this Borrowing Request and on the date of the related Borrowing, the conditions to lending specified in clauses (b) and (c) of Section 4.01 of the Credit Agreement have been satisfied. 

 

			
	AAC HOLDINGS, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 C-3 

 Exhibit D 

to the Credit Agreement 
 FORM OF
GUARANTEE AND COLLATERAL AGREEMENT 
 (See attached) 

  
 D-1 

 Exhibit E 

to the Credit Agreement 
 FORM OF
MORTGAGE 
 (See attached) 

  
 E-1 

 Exhibit F 

to Credit Agreement 
 FORM OF
AFFILIATE SUBORDINATION AGREEMENT 
 AFFILIATE SUBORDINATION AGREEMENT, dated as of June 30, 2017 (this
“Agreement”), among the subordinated lenders listed on Schedule 1 hereto (each a “Subordinated Lender” and collectively, the “Subordinated Lenders”), AAC HOLDINGS, INC., a
Nevada corporation (the “Company”), and each Subsidiary listed on Schedule 2 hereto (together with the Company, each a “Subordinated Borrower” and collectively, the “Subordinated
Borrowers”) and Credit Suisse AG, in its capacity as Administrative Agent (as defined below) (the “Agent”) under the Credit Agreement (as defined below) for the benefit of the Senior Lenders (as defined
below). 
 Reference is made to the Credit Agreement dated as of June 30, 2017 (as may be amended,
restated, replaced, refinanced, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Company, the Lenders (as defined below) from time to time party thereto and CREDIT SUISSE AG, as
administrative agent for the Lenders (in such capacity, including any successor thereto, the “Administrative Agent”), as Collateral Agent for the Secured Parties. 

Reference is also made to the Guarantee and Collateral Agreement dated as of June 30, 2017 (as may be amended, restated,
replaced, refinanced, supplemented or otherwise modified from time to time, the “Security Agreement”) among the Company, the Guarantors party thereto, and CREDIT SUISSE AG, as collateral agent (in such capacity, the
“Collateral Agent”) for the lenders under the Credit Agreement (the “Lenders”). 

Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit
Agreement. All references to articles, sections, exhibits and schedules shall be deemed references to articles and sections of, and exhibits and schedules to, this Agreement, unless the context shall otherwise require. For purposes of this
Agreement, “Senior Lenders” means, collectively, “Secured Parties” as defined in the Credit Agreement. 

The ability under the Credit Agreement of any Subordinated Borrower to incur Indebtedness to any Subordinated Lender is conditioned upon the
execution and delivery by such Subordinated Lender and each Subordinated Borrower of an agreement in the form hereof pursuant to which such Subordinated Lender agrees to subordinate its rights with respect to the Subordinated Obligations (as defined
below) to the rights of the Senior Lenders under the Credit Agreement all on the terms set forth herein. 
 Accordingly, each Subordinated
Lender, each Subordinated Borrower and the Agent, on behalf of itself and each Senior Lender (and each of their respective successors or assigns), hereby agrees as follows: 

SECTION 1. Subordination. (a) Each Subordinated Lender hereby agrees that all its right, title and interest in and to the
Subordinated Obligations shall be subordinate and junior in right of payment to the rights of the Senior Lenders in respect of the Obligations. For purposes hereof, “Subordinated Obligations” means all obligations of each
Subordinated Borrower to each Subordinated Lender in respect of loans, advances, extensions of credit or other Indebtedness, including in respect of principal, premium (if any), interest (including interest accruing after the maturity of the Loans
and reimbursement obligations in respect of amounts drawn under Letters of Credit and interest accruing after the filing of any petition in 

  
 F-1 

 
bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding), fees,
charges, expenses, indemnities, reimbursement obligations and other amounts payable in respect thereof. 
 (b) Each Subordinated Borrower and
each Subordinated Lender agrees (in each case solely with respect to the Subordinated Obligations in respect of which it is the obligor or obligee, as the case may be, and solely with respect to each Subordinated Borrower or Subordinated Lender that
is its counterparty on such Subordinated Obligations) that no payment (whether directly, by purchase, redemption, exercise of any right of setoff or otherwise) in respect of the Subordinated Obligations, whether as principal, interest or otherwise,
and whether in cash, securities or other property, shall be made by or on behalf of any Subordinated Borrower or received, accepted or demanded, directly or indirectly, by or on behalf of any Subordinated Lender at any time upon the occurrence and
during the continuation of an Event of Default (as defined in the Credit Agreement) for which the Borrower has received a written notice from the Agent prohibiting any further payment in respect of the Subordinated Obligations so long as any such
Event of Default is continuing (provided that such notice shall not be required to be given (and no payment in respect of the Subordinated Obligations may be made at any time upon the occurrence and during the continuation of any Event of Default)
if the Event of Default is of the type set forth in Section 7.01(g) or 7.01(h) of the Credit Agreement). 
 (c) Upon any distribution
of the assets of any Subordinated Borrower or upon any dissolution, winding up, liquidation or reorganization of any Subordinated Borrower, whether in bankruptcy, insolvency, reorganization, arrangement or receivership proceedings or otherwise, or
upon any assignment for the benefit of creditors or any other marshalling of the assets and liabilities of any Subordinated Borrower, or otherwise: 

(i) the Senior Lenders shall first be entitled to receive unconditional, final and irrevocable Payment in Full of the
Obligations before any Subordinated Lender shall be entitled to receive any payment on account of the Subordinated Obligations of such Subordinated Borrower, whether of principal, interest, fees or otherwise; and 

(ii) any payment by, or on behalf of, or distribution of the assets of, such Subordinated Borrower of any kind or character on
account of the Subordinated Obligations, whether in cash, securities, property or otherwise, to which any Subordinated Lender would be entitled except for the provisions of this Section 1 shall be paid or delivered by the Person making such
payment or distribution (whether a trustee in bankruptcy, a receiver, custodian, liquidating trustee or any other Person) directly to the Agent, for the benefit of the Senior Lenders, until the unconditional, final and irrevocable Payment in Full of
the Obligations. 
 (d) Upon the occurrence and during the continuance of an Event of Default, each Subordinated Lender agrees not to ask,
demand, sue for or take or receive from any Subordinated Borrower, in cash, securities, property or otherwise, or by setoff, purchase, redemption (including, without limitation, from or by way of collateral) or otherwise, payment of all or any part
of the Subordinated Obligations and agrees, upon the occurrence and during the continuance of an Event of Default, that in connection with any proceeding involving any Subordinated Borrower under any bankruptcy, insolvency, reorganization,
arrangement, 

  
 F-2 

 
receivership or similar law (A) the Agent is irrevocably authorized and empowered (in its own name or in the name of such Subordinated Lender or otherwise), but shall have no obligation, to
demand, sue for, collect and receive every payment or distribution referred to in the preceding sentence and give acquittance therefor and to file claims and proofs of claim and take such other action (including, without limitation, voting the
applicable Subordinated Obligations and enforcing any security interest or other Lien securing payment of such Subordinated Obligations) as the Agent may deem reasonably necessary or advisable for the exercise or enforcement of any of the rights,
remedies, benefits or interests of the Senior Lenders and (B) such Subordinated Lender shall duly and promptly take such action as the Agent may reasonably request to (x) collect amounts in respect of the applicable Subordinated
Obligations for the account of the Senior Lenders and to file appropriate claims or proofs of claim in respect of such Subordinated Obligations, (y) execute and deliver to the Agent such irrevocable powers of attorney, assignments or other
instruments as the Agent may reasonably request in order to enable the Agent to enforce any and all claims with respect to, and any security interests and other Liens securing payment of, the applicable Subordinated Obligations and (z) collect
and receive any and all payments or distributions which may be payable or deliverable upon or with respect to the applicable Subordinated Obligations. A copy of this Agreement may be filed with any court as evidence of each Senior Lender’s
right, power and authority hereunder. 
 (e) In the event that any payment by, or on behalf of, or distribution of the assets of, any
Subordinated Borrower of any kind or character, whether in cash, securities, property or otherwise, and whether directly, by purchase, redemption, exercise of any right of setoff or otherwise, shall be received by or on behalf of any Subordinated
Lender or any Affiliate thereof at a time when such payment is prohibited by this Agreement, such payment or distribution shall be held by such Subordinated Lender or Affiliate in trust (segregated from other property of such Subordinated Lender or
Affiliate) for the benefit of, and shall forthwith be paid over to, the Agent, for the benefit of the Senior Lenders until the unconditional, final and irrevocable Payment in Full of the Obligations. 

(f) Subject to the prior unconditional, final and irrevocable Payment in Full of the Obligations, each applicable Subordinated Lender shall be
subrogated to the rights of the Senior Lenders to receive payments or distributions in cash, securities, property or otherwise of each applicable Subordinated Borrower applicable to the Obligations, and, as between and among a Subordinated Borrower,
its creditors (other than the Senior Lenders) and the applicable Subordinated Lenders, no such payment or distribution made to the Senior Lenders by virtue of this Agreement that otherwise would have been made to any applicable Subordinated Lender
shall be deemed to be a payment by the applicable Subordinated Borrower on account of the Subordinated Obligations, it being understood that the provisions of this Section 1(e) are intended solely for the purpose of defining the relative rights
of the Subordinated Lenders and the Senior Lenders. 
 (g) Without the prior written consent of the Agent, no Subordinated Borrower shall
give, or permit to be given, and shall cause each of its subsidiaries not to give or permit to be given, and no Subordinated Lender shall receive, accept or demand, (i) any security of any nature whatsoever for any Subordinated Obligations on
any cash, securities, property or other assets, whether now existing or hereafter acquired, of any Subordinated Borrower or any subsidiary of any Subordinated Borrower, unless such security shall by its terms be subject to enforcement and collection
by the Agent or the Collateral Agent, as the case may be, in 

  
 F-3 

 
connection with any action in respect of enforcement or collection taken under Section 1(c) above or (ii) any Guarantee, of any nature whatsoever, by any Subordinated Borrower or any
subsidiary of any Subordinated Borrower, of any Subordinated Obligations other than any Guarantee subordinated to the Obligations on terms substantially identical to (and no less favorable in any significant respect to the Senior Lenders than) those
hereof. Each Subordinated Lender agrees that all the proceeds of any such security or Guarantee shall be subject to the provisions hereof with respect to payments and other distributions in respect of the Subordinated Obligations. 

(h) Each Subordinated Lender and each Subordinated Borrower agrees that all Subordinated Obligations, if required to be evidenced by a
promissory note pursuant to Section 6.04(c) of the Credit Agreement, will be evidenced solely by a single promissory note in the form attached hereto as Annex 1, and that such promissory note and any and all instruments now or hereafter
creating or evidencing the Subordinated Obligations, whether upon refunding, extension, renewal, refinancing, replacement or otherwise, shall contain the following legend: 

“Notwithstanding anything contained herein to the contrary, neither the principal of nor the interest on, nor any other amounts payable in
respect of, the indebtedness created or evidenced by this instrument or record shall become due or be paid or payable, except to the extent permitted under the Affiliate Subordination Agreement, dated as of June 30, 2017, among the Subordinated
Lenders, the Subordinated Borrowers and Credit Suisse AG, in its capacity as Agent for the Senior Lenders, which Affiliate Subordination Agreement is incorporated herein with the same effect as if fully set forth herein.” 

(i) Each Subordinated Lender agrees that, except for claims submitted in any proceeding contemplated by Section 1(c), it will not take
any action to cause any Subordinated Obligations to become payable prior to their scheduled maturity (which, in the case of any demand notes, shall be the date demand is made thereunder) or exercise any remedies or take any action or proceeding to
enforce any Subordinated Obligation if the payment of such Subordinated Obligation is then prohibited by this Agreement, and each Subordinated Lender further agrees not to file, or to join with any other creditors of any Subordinated Borrower in
filing, any petition commencing any bankruptcy, insolvency, reorganization, arrangement or receivership proceeding or any assignment for the benefit of creditors against or in respect of such Subordinated Borrower or any other marshalling of the
assets and liabilities of such Subordinated Borrower (provided that this prohibition shall in no event be construed so as to limit any Subordinated Lender’s right to cause any Subordinated Obligations to become payable prior to their
scheduled maturity if all the commitments to extend credit under the Loan Documents have forthwith been terminated and all the outstanding Obligations under the Loan Documents have been declared forthwith due and payable prior to their scheduled
maturity date). Each Subordinated Lender further agrees, to the fullest extent permitted under applicable law, that it will not cause any Subordinated Borrower to file any such petition, commence any such proceeding or make any such assignment
referred to above until Payment in Full of the Obligations. 

  
 F-4 

 SECTION 2. Waivers and Consents. (a) Each Subordinated Lender waives the right to
compel that the Collateral (as defined in the Credit Agreement) or any other assets or property of any Subordinated Borrower or any of its subsidiaries or the assets or property of any guarantor of the Obligations or any other Person be applied in
any particular order to discharge the Obligations. Each Subordinated Lender expressly waives the right to require the Senior Lenders to proceed against any Subordinated Borrower, any of its subsidiaries, the Collateral, any other assets or property
of any Subordinated Borrower or any of its subsidiaries or any guarantor of the Obligations or any other Person, or to pursue any other remedy in any Senior Lender’s power which such Subordinated Lender cannot pursue and which would lighten
such Subordinated Lender’s burden, notwithstanding that the failure of any Senior Lender to do so may thereby prejudice such Subordinated Lender. Each Subordinated Lender agrees that it shall not be discharged, exonerated or have its
obligations hereunder to the Senior Lenders reduced by (i) any Senior Lender’s delay in proceeding against or enforcing any remedy against any Subordinated Borrower, any of its subsidiaries, the Collateral or any other asset or property of
any Subordinated Borrower or any of its subsidiaries or any guarantor of the Obligations or any other Person, (ii) any Senior Lender releasing any Subordinated Borrower, any of its subsidiaries, the Collateral or any other asset or property of
any Subordinated Borrower or any of its subsidiaries or any other guarantor of the Obligations or any other Person from all or any part of the Obligations or (iii) the discharge of any Subordinated Borrower, any of its subsidiaries, the
Collateral or any other asset or property of any Subordinated Borrower or any of its subsidiaries or any guarantor of the Obligations or any other Person by an operation of law or otherwise, with or without the intervention or omission of a Senior
Lender. Any Senior Lender’s vote to accept or reject any plan of reorganization relating to any Subordinated Borrower, any of its subsidiaries, the Collateral or any other asset or property of any Subordinated Borrower or any of its
subsidiaries or any guarantor of the Obligations or any other Person, or any Senior Lender’s receipt on account of the Obligations, other than the unconditional, final and irrevocable payment in full in cash thereof, of any cash, securities,
property or other assets distributed in any bankruptcy, reorganization, insolvency or similar proceeding, shall not discharge, exonerate, or reduce the obligations of any Subordinated Lender hereunder to the Senior Lenders. 

(b) Each Subordinated Lender waives all rights and defenses arising out of an election of remedies by the Senior Lenders, even though that
election of remedies, including, without limitation, any non-judicial foreclosure with respect to security for the Obligations, has impaired the value of such Subordinated Lender’s rights of subrogation, reimbursement or contribution against
any Subordinated Borrower or any other guarantor of the Obligations or any other Person. To the extent permitted by applicable law, each Subordinated Lender expressly waives any rights or defenses it may have by reason of protection afforded to any
Subordinated Borrower or any other guarantor of the Obligations or any other Person with respect to the Obligations pursuant to any anti-deficiency laws or other laws of similar import which limit or discharge the principal debtor’s
indebtedness upon judicial or non-judicial foreclosure of real property or personal property Collateral for the Obligations. 
 (c) Each
Subordinated Lender agrees that, without the necessity of any reservation of rights against it, and without notice to or further assent by it, any demand for payment of any Obligations made by any Senior Lender may be rescinded in whole or in part
by such Senior Lender, and any Obligation may be continued, and the Obligations, or the liability of the applicable Subordinated Borrower, any of its subsidiaries or any other guarantor or any other party upon or for any part thereof, or any
Collateral or Guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, replaced, extended, 

  
 F-5 

 
modified, accelerated, compromised, waived, surrendered, or released by the Senior Lenders, in each case without notice to or further assent by any Subordinated Lender, which will remain bound
under this Agreement and without impairing, abridging, releasing or affecting the subordination and other agreements of the Subordinated Lenders provided for herein. 

(d) Each Subordinated Lender waives any and all notice of the creation, renewal, extension or accrual of any of the Obligations and notice of
or proof of reliance by the Senior Lenders upon this Agreement. The Obligations, and any of them, shall be deemed conclusively to have been created, contracted or incurred and the consent given to create the obligations of each Subordinated Borrower
in respect of the Subordinated Obligations in reliance upon this Agreement, and all dealings between each Subordinated Borrower and the Senior Lenders shall be deemed to have been consummated in reliance upon this Agreement. Each Subordinated Lender
acknowledges and agrees that the Senior Lenders have relied upon the subordination and other agreements provided for herein in consenting to the Subordinated Obligations. Each Subordinated Lender waives notice of or proof of reliance on this
Agreement and protest, demand for payment and notice of default. 
 SECTION 3. Transfers. Each Subordinated Lender shall not sell,
assign or otherwise transfer or dispose of, in whole or in part, all or any part of the Subordinated Obligations or any interest therein to any other Person (a “Transferee”), other than another Subordinated Lender bound by the
provisions of this Agreement, or create, incur or suffer to exist any security interest, Lien, charge or other encumbrance whatsoever upon all or any part of the Subordinated Obligations or any interest therein in favor of any Transferee (other than
Permitted Liens) unless (a) such action is made expressly subject to this Agreement and (b) the Transferee, expressly acknowledges to the Agent, by a writing in form and substance reasonably satisfactory to the Agent, the subordination and
other agreements provided for herein and in such writing agrees to be bound by all of the terms of this Agreement, including, without limitation, this Section 3, as if such Person were a Subordinated Lender. 

SECTION 4. Obligations Unconditional. All rights and interests of the Senior Lenders hereunder, and all agreements and obligations of
the Subordinated Lenders and the Subordinated Borrowers hereunder, shall remain in full force and effect irrespective of: 
 (a) any lack of
validity or enforceability of the Credit Agreement or any other Loan Document; 
 (b) any change in the time, manner or place of payment of,
or in any other term of, all or any of the Obligations, or any amendment or waiver or other modification, whether by course of conduct or otherwise, of, or consent to departure from, the Credit Agreement or any other Loan Document; 

(c) any exchange, release or non-perfection of any Lien in any Collateral, or any release, amendment, waiver or other modification, whether in
writing or by course of conduct or otherwise, of, or consent to departure from, any Guarantee of any of the Obligations; or 
 (d) any other
circumstances that might otherwise constitute a defense available to, or a discharge of, any Subordinated Borrower, any of its subsidiaries, any guarantor of the Obligations or any other Person in respect of the Obligations, or of the Subordinated
Lender, any Subordinated Borrower, any of its subsidiaries, any guarantor of the Obligations or any other Person in respect of this Agreement. 

  
 F-6 

 SECTION 5. Representations and Warranties. Each Subordinated Lender represents and
warrants to the Agent, for the benefit of the Senior Lenders, that: 
 (a) It has the power and authority to execute and deliver and to
perform its obligations under this Agreement and has taken all necessary action to authorize its execution, delivery and performance of this Agreement. 

(b) This Agreement has been duly executed and delivered by such Subordinated Lender and constitutes a legal, valid and binding obligation of
such Subordinated Lender, enforceable against it in accordance with its terms. 
 (c) The execution, delivery and performance of this
Agreement will not violate any provision of any material requirement of law applicable to such Subordinated Lender or of any material contractual obligation of such Subordinated Lender. 

(d) No consent or authorization of filing with, or other act by or in respect of, any Governmental Authority, is required in connection with
the execution, delivery or performance of this Agreement, except for (i) such as have been obtained and are in full force and effect and (ii) such filings which the failure to obtain could not reasonably be expected to have a Material
Adverse Effect. 
 SECTION 6. Waiver of Claims. (a) To the maximum extent permitted by law, each Subordinated Lender waives any
claim it might have against any Senior Lender with respect to, or arising out of, any action or failure to act or any error of judgment, negligence, or mistake or oversight whatsoever on the part of any Senior Lender or its directors, officers,
employees, agents or Affiliates with respect to any exercise of rights or remedies under the Loan Documents or any transaction relating to the Collateral. None of the Senior Lenders nor any of their respective directors, officers, employees, agents
or Affiliates shall be liable for failure to demand, collect or realize upon any of the Collateral or any Guarantee 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
Subordinated Borrower, any of its subsidiaries, any guarantor of the Obligations, any Subordinated Lender or any other person or to take any other action whatsoever with regard to the Security Documents, including, without limitation, the Guarantee
and Collateral Agreement, or any part thereof. 
 (b) To the extent permitted by applicable law, each Subordinated Lender, for itself and on
behalf of its successors and assigns, hereby waives any and all now existing or hereafter arising rights it may have to require the Senior Lenders to marshal assets for the benefit of such Subordinated Lender, or to otherwise direct the timing,
order or manner of any sale, collection or other enforcement of the Collateral or enforcement of the Loan Documents. The Senior Lenders are under no duty or obligation, and each Subordinated Lender hereby waives, to the extent permitted by
applicable law, any right it may have to compel the Senior Lenders, to pursue any Subordinated Borrower, any of its subsidiaries, any guarantor or other person who may be liable for the Obligations, or to enforce any Lien or security interest in any
Collateral. 

  
 F-7 

 (c) Each Subordinated Lender hereby waives, to the extent permitted by applicable law, any duty
on the part of the Senior Lenders to disclose to it any fact known or hereafter known by the Senior Lenders relating to the operation or financial condition of any Subordinated Borrower, any of its subsidiaries or any guarantor of the Obligations,
or their respective businesses. Each Subordinated Lender enters into this Agreement based solely upon its independent knowledge of the applicable Subordinated Borrower’s results of operations, condition (financial or otherwise) and business and
the Subordinated Lender assumes full responsibility for obtaining any further or future information with respect to the applicable Subordinated Borrower, any of its subsidiaries, any guarantor of the Obligations or their respective results of
operations, condition (financial or otherwise) or business. 
 SECTION 7. Further Assurances. Each Subordinated Lender and each
Subordinated Borrower, at their own expense and at any time from time to time, upon the written request of the Agent shall promptly and duly execute and deliver such further instruments and documents and take such further actions as the Agent may
reasonably request for the purposes of obtaining, preserving or extending the full benefits of this Agreement and of the rights, powers, remedies, benefits and interests of the Senior Lenders herein granted. 

SECTION 8. Expenses; Indemnification. (a) Each Subordinated Borrower shall pay or reimburse the Agent, the Collateral Agent, the
Issuing Bank and each other Senior Lender (each, an “Indemnitee”), upon demand, for all their reasonable documented out-of-pocket expenses in connection with the enforcement or preservation of any rights under this Agreement,
including, without limitation, the documented out-of-pocket fees and disbursements of counsel to the Agent, the Collateral Agent, the Issuing Bank and each other Senior Lender. 

(b) The Subordinated Borrowers shall, and jointly and severally agree to, pay, indemnify, and hold the Agent, the Collateral Agent, the Issuing
Bank and each other Senior Lender harmless from and against any and all losses, claims, damages, liabilities and related expenses, including reasonable documented counsel fees, charges and disbursements (other than the allocated costs of internal
counsel), incurred by or asserted against any Indemnitee arising out of, in any way connected with, or as a result of the failure of such Subordinated Borrower or any applicable Subordinated Lender to perform any of its obligations arising out of or
relating to this Agreement; provided that such indemnity shall not, as to an Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by
final and nonappealable judgment to have resulted primarily from the gross negligence or willful misconduct of such Indemnitee. 
 SECTION
9. Provisions Define Relative Rights. This Agreement is intended solely for the purpose of defining the relative rights of the Senior Lenders, on the one hand, and the Subordinated Lenders and the Subordinated Borrowers, on the other hand,
and no other person shall have any right, remedy, benefit or other interest under this Agreement. 
 SECTION 10. Powers Coupled with an
Interest. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until the Obligations are unconditionally, finally and irrevocably paid in full in cash (other than indemnification
obligations and other contingent obligations not then due and payable). 

  
 F-8 

 SECTION 11. Notices. All notices, requests and demands to or upon any party hereto shall
be in writing and shall be given in the manner provided in Section 9.01 of the Credit Agreement. 
 SECTION 12. Counterparts.
This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original but all of which taken together shall constitute a single contract. Delivery of an executed
signature page to this Agreement by facsimile (or other electronic) transmission shall be as effective as delivery of a manually signed counterpart of this Agreement. 

SECTION 13. Severability. In the event any one or more of the provisions contained in this Agreement should be held invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not in any way be affected or impaired thereby (it being understood that the invalidity of a particular provision in a
particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid
provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 
 SECTION
14. Integration. This Agreement represents the agreement of the Subordinated Borrowers, the Subordinated Lenders and the Senior Lenders with respect to the subject matter hereof and there are no promises or representations by any Subordinated
Borrower, any Subordinated Lender or the Senior Lenders relative to the subject matter hereof not reflected herein. 
 SECTION 15.
Amendments in Writing; No Waiver; Cumulative Remedies. (a) None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by the Agent, each affected
Subordinated Borrower and each affected Subordinated Lender; provided that any provision of this Agreement may be waived by the Senior Lenders in a letter or agreement executed by the Required Lenders, or by the Agent with the written consent of the
Required Lenders, and each affected Subordinated Lender. 
 (b) No failure or delay of the Agent, the Collateral Agent, the Issuing Bank or
any other Senior Lender in exercising any right, power, remedy, benefit or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power, remedy, benefit or privilege, or any abandonment or
discontinuance of steps to enforce such right, power, remedy, benefit or privilege, preclude any other or further exercise thereof or the exercise of any other right, power, remedy, benefit or privilege. 

(c) The rights and remedies of the Agent, the Collateral Agent, the Issuing Bank and each other Senior Lender herein provided are cumulative,
may be exercised singly or concurrently and are not exclusive of any rights or remedies that any of them would otherwise have. 
 SECTION
16. Section Headings. The section headings used in this Agreement are for convenience of reference only, are not part of this Agreement and are not to affect the construction hereof or be taken into consideration in the interpretation hereof.

  
 F-9 

 SECTION 17. Successors and Assigns. (a) This Agreement shall be binding upon the
successors and assigns of each of the Subordinated Borrowers and each of the Subordinated Lenders and shall inure to the benefit of the Agent, the Collateral Agent, the Issuing Bank and each other Senior Lender and their respective successors and
assigns. 
 (b) Notwithstanding the provisions of Section 17(a) above, nothing herein shall be construed to limit or relieve the
obligations of any Subordinated Lender pursuant to Section 3, and no Subordinated Lender shall assign its obligations hereunder to any person (except as otherwise specifically permitted under Section 3); any such assignment other than as
specifically permitted under Section 3 shall be void. 
 SECTION 18. Governing Law; Jurisdiction; Consent to Service of Process.
(a) This Agreement shall be construed in accordance with and governed by the laws of the State of New York. 
 (b) Each Subordinated
Lender hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of any New York State court or Federal court of the United States of America sitting in New York City, and any appellate
court from any thereof, in any action or proceeding arising out of or relating to this Agreement, or for recognition or enforcement of any judgment, and each of the parties hereto hereby irrevocably and unconditionally agrees that all claims in
respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such Federal court. Each of the parties hereto agrees that a final judgment in any such action or proceeding
shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that the Agent, the Collateral Agent, the Issuing Bank or each other
Senior Lender may otherwise have to bring any action or proceeding relating to this Agreement against any Subordinated Lender or its respective properties in the courts of any jurisdiction. 

(c) Each Subordinated Lender hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any
objection which it may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement in any New York State or Federal court. Each of the parties hereto hereby irrevocably waives, to
the fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court. 

(d) Each Subordinated Lender hereby irrevocably consents to service of process in the manner provided for notices in Section 11. Nothing
in this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law. 

SECTION 19. Waiver of Jury Trial. EACH PARTY HERETO HEREBY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT
MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT OR THE CREDIT AGREEMENT. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY
OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT 

  
 F-10 

 
AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 19. 

SECTION 20. Additional Subordinated Lenders. Upon execution and delivery by the Agent and a Subsidiary of an instrument substantially
in the form of Annex 2 attached hereto, such Subsidiary shall become a Subordinated Lender and a Subordinated Borrower hereunder with the same force and effect as if originally named as a Subordinated Lender and a Subordinated Borrower herein. The
execution and delivery of any such instrument shall not require the consent of any other Subordinated Lender or Subordinated Borrower hereunder. The rights and obligations of each Subordinated Borrower and each Subordinated Lender herein shall
remain in full force and effect notwithstanding the addition of any Subordinated Lender and Subordinated Borrower as a party to this Agreement. 

[Remainder of page intentionally left blank] 

  
 F-11 

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

			
	AAC HOLDINGS, INC.,
	as Subordinated Lender and Subordinated Borrower
		
	By:	 	  

		 	Name:
		 	Title:
	
	AMERICAN ADDICTION CENTERS, INC.
	FORTERUS HEALTH CARE SERVICES, INC.
	SAN DIEGO ADDICTION TREATMENT CENTER, INC.
	GREENHOUSE TREATMENT CENTER
	CONCORDE TREATMENT CENTER, LLC
	RECOVERY FIRST OF FLORIDA, LLC
	RI – CLINICAL SERVICES, LLC
	NEW JERSEY ADDICTION TREATMENT CENTER, LLC
	BEHAVIORAL HEALTHCARE REALTY, LLC
	CONCORDE REAL ESTATE, LLC
	BHR GREENHOUSE REAL ESTATE, LLC
	BHR ALISO VIEJO REAL ESTATE, LLC
	BHR RINGWOOD REAL ESTATE, LLC
	OXFORD TREATMENT CENTER, LLC
	SOBER MEDIA GROUP, LLC
	RIVER OAKS TREATMENT CENTER, LLC
	LAGUNA TREATMENT HOSPITAL, LLC
	SOLUTIONS TREATMENT CENTER, LLC
	 TOWNSEND TREATMENT CENTER, LLC,
 as
Subordinated Lenders and Subordinated Borrowers

		
	By:	 	  

		 	Name:
		 	Title:
	
	AAC LAS VEGAS OUTPATIENT CENTER, LLC
	AAC DALLAS OUTPATIENT CENTER, LLC
	 ADDICTION LABS OF AMERICA, LLC,
 as
Subordinated Lenders and Subordinated Borrowers

  
 F-12 

 
			
	By: American Addiction Centers, Inc., its sole member
		
	By:	 	  

		 	Name:
		 	Title:
	
	[OXFORD OUTPATIENT CENTER, LLC
	RUSH MEDICAL – LAFAYETTE, LLC
	TOWNSEND RECOVERY CENTER NEW ORLEANS, LLC
	BHR OXFORD REAL ESTATE, LLC
	REFERRAL SOLUTIONS GROUP, LLC
	 SAGANEX DIAGNOSTICS LABORATORY, LLC],

as Subordinated Lenders and Subordinated Borrowers

		
	By:	 	  

		 	Name:
		 	Title:
	
	 THE ACADEMY REAL ESTATE, LLC,
 as
Subordinated Lender and Subordinated Borrower

	
	By: Behavioral Healthcare Realty, LLC, its sole member
		
	By:	 	  

		 	Name:
		 	Title:
	
	RECOVERY BRANDS, LLC,as Subordinated Lender and Subordinated Borrower
	
	By: Referral Solutions Group, LLC, its sole member
		
	By:	 	  

		 	Name:
		 	Title:
	
	SAN DIEGO PROFESSIONAL GROUP, P.C.
	PALM BEACH PROFESSIONAL GROUP, PROFESSIONAL CORPORATION
	LAS VEGAS PROFESSIONAL GROUP –

  
 F-13 

			
	CALARCO, P.C.
	GRAND PRAIRIE PROFESSIONAL GROUP
	 OXFORD PROFESSIONAL GROUP, P.C.,
 as
Subordinated Lenders and Subordinated Borrowers

		
	By:	 	  

		 	Name:
		 	Title:
	
	 AAC HEALTHCARE NETWORK, INC.,
 as
Subordinated Lender and Subordinated Borrower

		
	By:	 	  

		 	Name:
		 	Title:
	
	 PONTCHARTRAIN MEDICAL GROUP, A PROFESSIONAL CORPORATION,

as Subordinated Lender and Subordinated Borrower

		
	By:	 	  

		 	Name:
		 	Title:
	
	 B&B HOLDINGS INT’L LLC,
 as
Subordinated Lender and Subordinated Borrower

		
	By:	 	  

		 	Name:
		 	Title:
	
	 SINGER ISLAND RECOVERY CENTER LLC,

as Subordinated Lender and Subordinated Borrower

		
	By:	 	  

		 	Name:
		 	Title:

  
 F-14 

			
	
	 FITRX, LLC,
 as Subordinated Lender
and Subordinated Borrower

  

			
	By:	 	  

		 	Name:
		 	Title:
	
	 CLINICAL REVENUE MANAGEMENT SERVICES, LLC,

as Subordinated Lender and Subordinated Borrower

		
	By:	 	  

		 	Name:
		 	Title:
	
	 ABTTC, INC.,
 as Subordinated Lender
and Subordinated Borrower

		
	By:	 	  

		 	Name:
		 	Title:
	
	 TAJ MEDIA LLC,
 as Subordinated
Lender and Subordinated Borrower

		
	By:	 	  

		 	Name:
		 	Title:
	
	 BRENTWOOD PROFESSIONAL GROUP, P.C.,

as Subordinated Lender and Subordinated Borrower

		
	By:	 	  

		 	Name:
		 	Title:

  
 F-15 

 
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,
	as Administrative Agent
	
	By:                                     
                                 
	Name:
	Title:
	
	By:                                     
                                 
	Name:
	Title:

  
 F-16 

 Schedule 1 to 

Affiliate Subordination Agreement 

SUBORDINATED LENDERS 
 AAC Holdings, Inc. 

American Addiction Centers, Inc. 
 Forterus Health Care Services,
Inc. 
 San Diego Addiction Treatment Center, Inc. 
 Greenhouse
Treatment Center, LLC 
 Concorde Treatment Center, LLC 

Recovery First of Florida, LLC 
 RI – Clinical Services, LLC

 New Jersey Addiction Treatment Center, LLC 
 AAC Las Vegas
Outpatient Center, LLC 
 AAC Dallas Outpatient Center, LLC 

Addiction Labs of America, LLC 
 Behavioral Healthcare Realty, LLC

 Concorde Real Estate, LLC 
 BHR Greenhouse Real Estate, LLC
(f/k/a/ Greenhouse Real Estate, LLC) 
 BHR Aliso Viejo Real Estate, LLC 

BHR Ringwood Real Estate, LLC 
 Laguna Treatment Hospital, LLC

 Oxford Outpatient Center, LLC 
 Oxford Treatment Center, LLC

 River Oaks Treatment Center, LLC 
 Rush Medical –
Lafayette, LLC 
 Solutions Treatment Center, LLC 
 Townsend
Treatment Center, LLC 
 Townsend Recovery Center New Orleans, LLC 

BHR Oxford Real Estate, LLC 
 Sober Media Group, LLC 

Referral Solutions Group, LLC 
 Recovery Brands, LLC 

AAC Healthcare Network, Inc. 
 Sagenex Diagnostics Laboratory, LLC

 The Academy Real Estate, LLC 
 Palm Beach Professional Group,
Professional Corporation 
 Las Vegas Professional Group – Calarco, P.C. 

Grand Prairie Professional Group, P.A. 
 San Diego Professional
Group, P.C. 
 Pontchartrain Medical Group, A Professional Corporation 

Oxford Professional Group, P.C. 
 B&B Holdings Int’l LLC

 Singer Island Recovery Center LLC 
 FITRX, LLC 

  
 F-17 

 Clinical Revenue Management Services, LLC 

ABTTC, Inc 
 Taj Media LLC 

Brentwood Professional Group, P.C. 

  
 F-18 

 Schedule 2 to 

Affiliate Subordination Agreement 

SUBORDINATED BORROWERS 
 AAC Holdings, Inc. 

American Addiction Centers, Inc. 
 Forterus Health Care Services,
Inc. 
 San Diego Addiction Treatment Center, Inc. 
 Greenhouse
Treatment Center, LLC 
 Concorde Treatment Center, LLC 

Recovery First of Florida, LLC 
 RI – Clinical Services, LLC

 New Jersey Addiction Treatment Center, LLC 
 AAC Las Vegas
Outpatient Center, LLC 
 AAC Dallas Outpatient Center, LLC 

Addiction Labs of America, LLC 
 Behavioral Healthcare Realty, LLC

 Concorde Real Estate, LLC 
 BHR Greenhouse Real Estate, LLC
(f/k/a/ Greenhouse Real Estate, LLC) 
 BHR Aliso Viejo Real Estate, LLC 

BHR Ringwood Real Estate, LLC 
 Laguna Treatment Hospital, LLC

 Oxford Outpatient Center, LLC 
 Oxford Treatment Center, LLC

 River Oaks Treatment Center, LLC 
 Rush Medical –
Lafayette, LLC 
 Solutions Treatment Center, LLC 
 Townsend
Treatment Center, LLC 
 Townsend Recovery Center New Orleans, LLC 

BHR Oxford Real Estate, LLC 
 Sober Media Group, LLC 

Referral Solutions Group, LLC 
 Recovery Brands, LLC 

AAC Healthcare Network, Inc. 
 Sagenex Diagnostics Laboratory, LLC

 The Academy Real Estate, LLC 
 Palm Beach Professional Group,
Professional Corporation 
 Las Vegas Professional Group – Calarco, P.C. 

Grand Prairie Professional Group, P.A. 
 San Diego Professional
Group, P.C. 
 Pontchartrain Medical Group, A Professional Corporation 

Oxford Professional Group, P.C. 
 B&B Holdings Int’l LLC

 Singer Island Recovery Center LLC 
 FITRX, LLC 

  
 F-19 

 Clinical Revenue Management Services, LLC 

ABTTC, Inc 
 Taj Media LLC 

Brentwood Professional Group, P.C. 

  
 F-20 

 Annex 1 to 

Affiliate Subordination Agreement 

FORM OF INTERCOMPANY SUBORDINATED DEMAND PROMISSORY NOTE 

Note Number: [    ] 

Dated: [    ], 20[    ] 

FOR VALUE RECEIVED, AAC Holdings, Inc., a Nevada corporation (the “Company”), and each of its
subsidiaries (collectively, the “Group Members” and each, a “Group Member”) which is a party to this intercompany subordinated demand promissory note (the “Promissory Note”)
promises: 
  

	 	(a)	to the extent that such Group Member is the Company or a Domestic Subsidiary, 

  

	 	(i)	to pay to the order of such other Group Member that is the Company or a Domestic Subsidiary as makes loans to such Group Member (each Group Member which borrows money pursuant to this Promissory Note is referred to
herein as a “Payor” and each Group Member which makes loans and advances pursuant to this Promissory Note is referred to herein as a “Payee”), on demand, in lawful money of the United States of
America, in immediately available funds and at the appropriate office of the Payee, the aggregate unpaid principal amount of all loans and advances heretofore and hereafter made by such Payee to such Payor and any other indebtedness now or hereafter
owing by such Payor to such Payee as shown either on Schedule A attached hereto (and any continuation thereof) or in the books and records of such Payee; and 

 

	 	(ii)	to pay to such other Group Member that is a Foreign Subsidiary as makes loans to such Group Member, on demand, in lawful money of the United States of America, in immediately available funds and at the appropriate
office of the Payee, the aggregate unpaid principal amount of all loans and advances hereafter made by such Payee to such Payor and any other indebtedness hereafter owing by such Payor to such Payee as shown either on Schedule A attached hereto (and
any continuation thereof) or in the books and records of such Payee; and 

  

	 	(b)	 to the extent that such Group Member is a Foreign Subsidiary, to pay to the order of such other Group Member that
is the Company or a Domestic Subsidiary as makes loans to such Group Member, on demand, in lawful money of the United States of America, in immediately available funds and at 

  
 F-21 

	 	
the appropriate office of the Payee, the aggregate unpaid principal amount of all loans and advances hereafter made by such Payee to such Payor and any other indebtedness hereafter owing by such
Payor to such Payee as shown either on Schedule A attached hereto (and any continuation thereof) or in the books and records of such Payee. 

The failure to show any such Indebtedness or any error in showing such Indebtedness shall not affect the obligations of any Payor hereunder.
Capitalized terms used herein but not otherwise defined herein shall have the meanings given such terms in the Credit Agreement dated as of June 30, 2017 (as may be amended, restated, replaced, refinanced, supplemented or otherwise modified
from time to time, the “Credit Agreement”), among the Company, the Lenders from time to time party thereto and CREDIT SUISSE AG, as collateral agent for the Secured Parties thereunder (in such capacity, including any
successor thereto, the “Collateral Agent”) and as administrative agent. 
 The unpaid principal amount
hereof from time to time outstanding shall bear interest at a rate equal to the rate as may be agreed upon from time to time by the relevant Payor and Payee. Interest shall be due and payable on the last day of each month commencing after the date
hereof or at such other times as may be agreed upon from time to time by the relevant Payor and Payee. Upon demand for payment of any principal amount hereof, accrued but unpaid interest on such principal amount shall also be due and payable.
Interest shall be paid in lawful money of the United States of America and in immediately available funds. Interest shall be computed for the actual number of days elapsed on the basis of a year consisting of 365 days. 

Each Payor and any endorser of this Promissory Note hereby waives presentment, demand, protest and notice of any kind. No failure to exercise,
and no delay in exercising, any rights hereunder on the part of the holder hereof shall operate as a waiver of such rights. 
 This
Promissory Note has been pledged by each Loan Party (as defined in the Credit Agreement) to the Collateral Agent, for the benefit of the Secured Parties (as defined in the Credit Agreement), as security for such Payee’s obligations, if any,
under the Credit Agreement and each other Loan Document (as defined in the Credit Agreement) to which such Payee is a party. Each Payor acknowledges and agrees that the Collateral Agent and the other Secured Parties may exercise all the rights of
the Payees under this Promissory Note with respect to amounts owed to a Loan Party and will not be subject to any abatement, reduction, recoupment, defense, setoff or counterclaim available to such Payor. 

Notwithstanding anything contained herein to the contrary, neither the principal of nor the interest on, nor any other amounts payable in
respect of, the indebtedness created or evidenced by this instrument or record shall become due or be paid or payable, except to the extent permitted under the Affiliate Subordination Agreement, dated as of June 30, 2017 (as may be amended,
restated, replaced, supplemented or otherwise modified from time to time, the “Affiliate Subordination Agreement”), among the Subordinated Lenders (as defined in the Affiliate Subordination Agreement), the Subordinated
Borrowers (as defined in the Affiliate Subordination Agreement) and CREDIT SUISSE AG, in its capacity as Agent for the Senior Lenders, which Affiliate Subordination Agreement is incorporated herein with the same effect as if fully set forth herein.

  
 F-22 

 Notwithstanding anything to the contrary contained herein, in any other agreement or in any
such promissory note or other instrument, this Promissory Note (i) replaces and supersedes any and all promissory notes or other instruments which create or evidence any loans or advances made on or before the date hereof by any Group Member
that is a Domestic Subsidiary to any other Group Member that is a Domestic Subsidiary and (ii) without the written consent of the Collateral Agent, shall not be deemed replaced, superseded or in any way modified by any promissory note or other
instrument entered into on or after the date hereof which purports to create or evidence any loan or advance by any Group Member to any other Group Member. 

THIS PROMISSORY NOTE AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS PROMISSORY NOTE SHALL BE CONSTRUED IN ACCORDANCE WITH AND
GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 
 From time to time after the date hereof, additional subsidiaries of the
Group Members may become parties hereto by executing a counterpart signature page to this Promissory Note (each additional subsidiary, an “Additional Payor”). Upon delivery of such counterpart signature page to the Payees,
notice of which is hereby waived by the other Payors, each Additional Payor shall be a Payor and shall be as fully a party hereto as if such Additional Payor were an original signatory hereof. Each Payor expressly agrees that its obligations arising
hereunder shall not be affected or diminished by the addition or release of any other Payor hereunder. This Promissory Note shall be fully effective as to any Payor that is or becomes a party hereto regardless of whether any other Person becomes or
fails to become or ceases to be a Payor hereunder. 
 This Promissory Note may be executed in counterparts (and by different
parties hereto on different counterparts), each of which shall constitute an original but all of which taken together shall constitute a single contract. Delivery of an executed signature page to this Promissory Note by facsimile (or other
electronic) transmission shall be as effective as delivery of a manually signed counterpart of this Promissory Note. 
 [Remainder
of page intentionally left blank] 

  
 F-23 

 IN WITNESS WHEREOF, each Payor has caused this Promissory Note to be executed and delivered by
its proper and duly authorized officer as of the date set forth above. 
  

			
	AAC HOLDINGS, INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	AMERICAN ADDICTION CENTERS, INC.
	FORTERUS HEALTH CARE SERVICES, INC.
	SAN DIEGO ADDICTION TREATMENT CENTER, INC.
	GREENHOUSE TREATMENT CENTER
	CONCORDE TREATMENT CENTER, LLC
	RECOVERY FIRST OF FLORIDA, LLC
	RI – CLINICAL SERVICES, LLC
	NEW JERSEY ADDICTION TREATMENT CENTER, LLC
	BEHAVIORAL HEALTHCARE REALTY, LLC
	CONCORDE REAL ESTATE, LLC
	BHR GREENHOUSE REAL ESTATE, LLC
	BHR ALISO VIEJO REAL ESTATE, LLC
	BHR RINGWOOD REAL ESTATE, LLC
	OXFORD TREATMENT CENTER, LLC
	SOBER MEDIA GROUP, LLC
	RIVER OAKS TREATMENT CENTER, LLC
	LAGUNA TREATMENT HOSPITAL, LLC
	SOLUTIONS TREATMENT CENTER, LLC
	TOWNSEND TREATMENT CENTER, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	AAC LAS VEGAS OUTPATIENT CENTER, LLC
	AAC DALLAS OUTPATIENT CENTER, LLC
	ADDICTION LABS OF AMERICA, LLC
	
	By: American Addiction Centers, Inc., its sole member
		
	By:	 	  

		 	Name:
		 	Title:

  
 F-24 

 
			
	[OXFORD OUTPATIENT CENTER, LLC
	RUSH MEDICAL – LAFAYETTE, LLC
	TOWNSEND RECOVERY CENTER NEW ORLEANS, LLC
	BHR OXFORD REAL ESTATE, LLC
	REFERRAL SOLUTIONS GROUP, LLC
	SAGANEX DIAGNOSTICS LABORATORY, LLC]
		
	By:	 	  

		 	Name:
		 	Title:
	
	THE ACADEMY REAL ESTATE, LLC
	
	By: Behavioral Healthcare Realty, LLC, its sole member
		
	By:	 	  

		 	Name:
		 	Title:
	
	RECOVERY BRANDS, LLC
	
	By: Referral Solutions Group, LLC, its sole member
		
	By:	 	  

		 	Name:
		 	Title:
	
	SAN DIEGO PROFESSIONAL GROUP, P.C.
	PALM BEACH PROFESSIONAL GROUP, PROFESSIONAL CORPORATION
	LAS VEGAS PROFESSIONAL GROUP – CALARCO, P.C.
	GRAND PRAIRIE PROFESSIONAL GROUP
	OXFORD PROFESSIONAL GROUP, P.C.
		
	By:	 	  

		 	Name:
		 	Title:

  
 F-25 

			
	
	AAC HEALTHCARE NETWORK, INC.

  

			
	By:	 	  

		 	Name:
		 	Title:
	
	PONTCHARTRAIN MEDICAL GROUP, A PROFESSIONAL CORPORATION
		
	By:	 	  

		 	Name:
		 	Title:
	
	B&B HOLDINGS INT’L LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	SINGER ISLAND RECOVERY CENTER LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	FITRX, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	CLINICAL REVENUE MANAGEMENT SERVICES, LLC
		
	By:	 	  

		 	Name:
		 	Title:

  
 F-26 

			
	
	ABTTC, INC.

  

			
	By:	 	  

		 	Name:
		 	Title:
	
	TAJ MEDIA LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	BRENTWOOD PROFESSIONAL GROUP, P.C.
		
	By:	 	  

		 	Name:
		 	Title:

  
 F-27 

 Schedule A 

TRANSACTIONS 
 ON

 INTERCOMPANY SUBORDINATED DEMAND PROMISSORY NOTE 
  

													
	 Date
	 	 Name of Payor
	 	 Name of

Payee
	  	Amount of
Advance
This Date	  	Amount of
Principal Paid
on This Date	  	Outstanding
Principal
Balance from
Payor to Payee
on This Date	  	Notation
Made By

  
 F-28 

 ENDORSEMENT 

Dated: [            ,    ], 20[    ] 

FOR VALUE RECEIVED, each of the undersigned does hereby sell, assign and transfer to
                    all of its right, title and interest in and to the Intercompany Subordinated Demand Promissory Note, dated
[    ], 20[    ] (as amended, restated, supplemented or otherwise modified from time to time, the “Promissory Note”), made by AAC Holdings, Inc., and each of its subsidiaries or any
other person that is or becomes a party thereto, and payable to the undersigned. This endorsement is intended to be attached to the Promissory Note and, when so attached, shall constitute an endorsement thereof. 

The initial undersigned shall be the Group Members (as defined in the Promissory Note) that are Loan Parties (as defined in the
Credit Agreement referred to in the Promissory Note) party to the Affiliate Subordination Agreement on the date of the Promissory Note. From time to time after the date thereof, additional subsidiaries of the Group Members shall become parties to
the Promissory Note (each, an “Additional Payee”) and a signatory to this endorsement by executing a counterpart signature page to the Promissory Note and to this endorsement. Upon delivery of such counterpart signature page
to the Payors, notice of which is hereby waived by the other Payees, each Additional Payee shall be a Payee and shall be as fully a Payee under the Promissory Note and a signatory to this endorsement as if such Additional Payee were an original
Payee under the Promissory Note and an original signatory hereof. Each Payee expressly agrees that its obligations arising under the Promissory Note and hereunder shall not be affected or diminished by the addition or release of any other Payee
under the Promissory Note or hereunder. This endorsement shall be fully effective as to any Payee that is or becomes a signatory hereto regardless of whether any other Person becomes or fails to become or ceases to be a Payee to the Promissory Note
or hereunder. 
 [Remainder of page intentionally left blank] 

  
 F-29 

 
			
	AAC HOLDINGS, INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	AMERICAN ADDICTION CENTERS, INC.
	FORTERUS HEALTH CARE SERVICES, INC.
	SAN DIEGO ADDICTION TREATMENT CENTER, INC.
	GREENHOUSE TREATMENT CENTER
	CONCORDE TREATMENT CENTER, LLC
	RECOVERY FIRST OF FLORIDA, LLC
	RI – CLINICAL SERVICES, LLC
	NEW JERSEY ADDICTION TREATMENT CENTER, LLC
	BEHAVIORAL HEALTHCARE REALTY, LLC
	CONCORDE REAL ESTATE, LLC
	BHR GREENHOUSE REAL ESTATE, LLC
	BHR ALISO VIEJO REAL ESTATE, LLC
	BHR RINGWOOD REAL ESTATE, LLC
	OXFORD TREATMENT CENTER, LLC
	SOBER MEDIA GROUP, LLC
	RIVER OAKS TREATMENT CENTER, LLC
	LAGUNA TREATMENT HOSPITAL, LLC
	SOLUTIONS TREATMENT CENTER, LLC
	TOWNSEND TREATMENT CENTER, LLC
		
	By:	 	  

		 	Name:
		 	Title:
	
	AAC LAS VEGAS OUTPATIENT CENTER, LLC
	AAC DALLAS OUTPATIENT CENTER, LLC
	ADDICTION LABS OF AMERICA, LLC
	
	By: American Addiction Centers, Inc., its sole member
		
	By:	 	  

		 	Name:
		 	Title:

  
 F-30 

 
			
	[OXFORD OUTPATIENT CENTER, LLC
	RUSH MEDICAL – LAFAYETTE, LLC
	TOWNSEND RECOVERY CENTER NEW ORLEANS, LLC
	BHR OXFORD REAL ESTATE, LLC
	REFERRAL SOLUTIONS GROUP, LLC
	SAGANEX DIAGNOSTICS LABORATORY, LLC]
		
	By:	 	  

		 	Name:
		 	Title:
	
	THE ACADEMY REAL ESTATE, LLC
	
	By: Behavioral Healthcare Realty, LLC, its sole member
		
	By:	 	  

		 	Name:
		 	Title:
	
	RECOVERY BRANDS, LLC
	
	By: Referral Solutions Group, LLC, its sole member
		
	By:	 	  

		 	Name:
		 	Title:
	
	SAN DIEGO PROFESSIONAL GROUP, P.C.
	PALM BEACH PROFESSIONAL GROUP, PROFESSIONAL CORPORATION
	LAS VEGAS PROFESSIONAL GROUP – CALARCO, P.C.
	GRAND PRAIRIE PROFESSIONAL GROUP
	OXFORD PROFESSIONAL GROUP, P.C.
		
	By:	 	  

		 	Name:
		 	Title:

  
 F-31 

			
	
	AAC HEALTHCARE NETWORK, INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	PONTCHARTRAIN MEDICAL GROUP, A PROFESSIONAL CORPORATION
		
	By:	 	  

		 	Name:
		 	Title:

  
 F-32 

 Annex 2 to the 

Affiliate Subordination Agreement 

SUPPLEMENT NO. [    ] dated as of
[            ], 20[    ] (this “Supplement”), to the Affiliate
Subordination Agreement dated as of June 30, 2017, (the “Affiliate Subordination Agreement”), among the subordinated lenders named therein (the “Subordinated Lenders”), the subordinated borrowers
named therein (the “Subordinated Borrowers”) and Credit Suisse AG, as administrative agent (in such capacity, including any successor thereto, the “Administrative Agent”) for the Senior Lenders.

 A. Reference is made to the Affiliate Subordination Agreement. 

B. Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Affiliate Subordination
Agreement. 
 C. Each of the Subordinated Lenders and each of the Subordinated Borrowers have entered into the Affiliate Subordination
Agreement in order to induce the Senior Lenders to make Loans and other extensions of credit under the Credit Agreement. Section 20 of the Affiliate Subordination Agreement provides that subsidiaries of the Borrower may become Subordinated
Lenders and Subordinated Borrowers under the Affiliate Subordination Agreement by execution and delivery of an instrument in the form of this Supplement. The undersigned Subsidiary (the “New Subordinated Party”) is executing
this Supplement to become a Subordinated Lender and a Subordinated Borrower under the Affiliate Subordination Agreement in accordance with the terms of the Credit Agreement as consideration for Loans and Letters of Credit previously made or issued
or to be made or issued under the Credit Agreement. 
 Accordingly, the Administrative Agent and the New Subordinated Party agree as
follows: 
 SECTION 1. In accordance with Section 20 of the Affiliate Subordination Agreement, the New Subordinated Party by its
signature below becomes a Subordinated Lender and a Subordinated Borrower under the Affiliate Subordination Agreement with the same force and effect as if originally named therein as a Subordinated Lender and a Subordinated Borrower and the New
Subordinated Party hereby (a) agrees to all the terms and provisions of the Affiliate Subordination Agreement applicable to it as a Subordinated Lender and a Subordinated Borrower thereunder and (b) represents and warrants that the
representations and warranties made by it as a Subordinated Lender and a Subordinated Borrower thereunder are true and correct in all material respects, except that such materiality qualifier shall not be applicable to any representation that is
already qualified by materiality, on and as of the date hereof except for representations and warranties which by their terms refer to a specific date, which representations and warranties were true and correct on such specific date. Each reference
to a “Subordinated Lender” or a “Subordinated Borrower” in the Affiliate Subordination Agreement shall be deemed to include the New Subordinated Party. The Affiliate Subordination Agreement is hereby incorporated herein by
reference. 
 SECTION 2. The New Subordinated Party represents and warrants to the Administrative Agent and the other Senior Lenders that
this Supplement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms. 

  
 F-33 

 SECTION 3. This Supplement may be executed in counterparts (and by different parties hereto on
different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Supplement by facsimile (or other electronic) transmission
shall be as effective as delivery of a manually signed counterpart of this Supplement. This Supplement shall become effective when the Administrative Agent shall have received counterparts of this Supplement that, when taken together, bear the
signatures of the New Subordinated Party and the Administrative Agent. 
 SECTION 4. Except as expressly supplemented hereby, the Affiliate
Subordination Agreement shall remain in full force and effect. 
 SECTION 5. THIS SUPPLEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND
GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 
 SECTION 6. In the event that any one or more of the provisions contained in this
Supplement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein and in the Affiliate Subordination Agreement shall not in any way be affected or
impaired thereby (it being understood that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties hereto shall endeavor in
good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

SECTION 7. All communications and notices hereunder shall be in writing and given as provided in Section 11 of the Affiliate
Subordination Agreement. All communications and notices hereunder to the New Subordinated Party shall be given to it at the address set forth under its signature below, with a copy to the Borrower. 

SECTION 8. The New Subordinated Party agrees to pay or reimburse the Administrative Agent, the Collateral Agent, the Issuing Bank and each
other Senior Lender, upon demand, for all their reasonable documented out-of-pocket expenses in connection with the enforcement or preservation of any rights under this Agreement, including, without limitation, the documented out-of-pocket fees and
disbursements of counsel to the Administrative Agent, the Collateral Agent, the Issuing Bank and each other Senior Lender. 

[Remainder of page intentionally left blank] 

  
 F-34 

 IN WITNESS WHEREOF, the New Subordinated Party and the Administrative Agent have duly executed
this Supplement to the Affiliate Subordination Agreement as of the day and year first above written. 
  

			
	[NAME OF NEW SUBORDINATED PARTY],
	as New Subordinated Party
		
	By:	 	  

		 	Name:
		 	Title:
	Address:
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,as Administrative Agent
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:

  
 F-35 

 Exhibit G 

to Credit Agreement 
 FORM OF
COMPLIANCE CERTIFICATE 
 The undersigned hereby certifies that he or she is the [Chief Financial
Officer][Treasurer][Controller] of AAC Holdings, Inc., a Nevada corporation (the “Borrower”), and certifies in such capacity, and not in his or her individual capacity, as follows: 

1. I have reviewed the terms of the Credit Agreement, dated as of June 30, 2017 (as amended, restated, replaced, supplemented or otherwise
modified from time to time, the “Credit Agreement”; capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement), among the Borrower, the lenders party
thereto from time to time, and Credit Suisse AG, as administrative agent for the Lenders (in such capacity, including any successor thereto, the “Administrative Agent”), as collateral agent for the Secured Parties, and I have
made, or have caused to be made under my supervision, a review in reasonable detail of the transactions and condition of the Borrower and its Subsidiaries during the accounting period covered by the attached financial statements. 

2. The examination described in paragraph 1 above did not disclose, and I have no knowledge of, the existence of any condition or event which
constitutes an Event of Default or Default during or at the end of the accounting period covered by the attached financial statements or as of the date of this compliance certificate (this “Certificate”), except as set forth
in a separate attachment, if any, to this Certificate, specifying the nature and extent thereof and the corrective action taken or proposed to be taken with respect thereto by the Borrower. 

The foregoing certifications[, together with the computations set forth in the Annex A hereto] 1 and the financial statements delivered with this Certificate in support hereof, are made and delivered as of [            ],
20[    ] pursuant to Section 5.04(c) of the Credit Agreement. 
  

			
	AAC Holdings, INC.
		
	By:	 	  

	Name:
	 Title: [Chief Financial Officer] [Treasurer]

        [Controller]

  
  

	1 	Delivery of computations on Annex A required only in connection with financials statements delivered pursuant to paragraphs (a) and (b) of Section 5.04 of the Credit Agreement. 

  
 G-1 

 Annex A 

to Compliance Certificate 
 FOR THE
FISCAL [QUARTER][YEAR] ENDING [            ], 20[__]. 
  

							
	1.	  	Consolidated EBITDA: (i) - (ii) =	  	$[            ]
				
		  	(i)	  	(a) Consolidated Net Income:	  	$[            ]
		  		  	(b) Consolidated Interest Expense:	  	$[            ]
		  		  	(c) consolidated income tax expense8:	  	$[            ]
		  		  	(d) amounts attributable to depreciation and amortization:	  	$[            ]
		  		  	(e) any non-cash charges, expenses or losses9:	  	$[            ]
		  		  	(f) extraordinary, unusual, or non-recurring cash charges or expenses10:	  	$[            ]
		  	 (g) deferred compensation, stock-option or employee benefits-based and other equity-based compensation
expenses:
	  	$[            ]
		  		  	 (h)    fees, costs and expenses in connection with the Transactions:
	  	$[            ]
		  	 (i) fees, costs and expenses in connection with any investment (including any Permitted Acquisition), asset
disposition (including any Asset Sale), issuance of Equity Interests or issuance, modification or refinancing of any Indebtedness, in each case, to the extent permitted under the Credit Agreement and whether or not such transaction shall have been
consummated:
	  	$[            ]
		  	 (j) any losses or expenses to the extent reimbursable by third parties in connection with any Permitted
Acquisition11:
	  	$[            ]
		  		  	 (k)    unrealized losses in respect of Obligations under Hedging
Agreements:
	  	$[            ]

  

	8 	To include any franchise taxes imposed in lieu of income taxes and any income taxes. 

	9 	To include impairment of goodwill or other intangible assets and exchange rate losses, but excluding any charges, expenses or losses incurred that constitutes an accrual of or a reserve for cash charges for any future
period. 

	10 	To include severance, retention bonuses or other similar one time compensation payments made to employees of the Borrower or any of its Subsidiaries or made in connection with a Permitted Acquisition. 

	11 	If the Administrative Agent, acting reasonably, determines in any relevant period or the immediately succeeding period that such any losses or expenses, or any portion thereof (which, in each case, were included in
Consolidated EBITDA for such period or such immediately preceding period pursuant to clause (i)(j)), are no longer reimbursable or are not likely to be reimbursed, then such losses or expenses, or any portion thereof, shall be subtracted from
Consolidated Net Income in calculating Consolidated EBITDA for such applicable period. 

  
 G-2 

							
		  	 (l) any losses or expenses from discontinued operations or incurred in connection with the disposal of
discontinued operations in accordance with GAAP (or if not in accordance with GAAP as otherwise reasonably acceptable to the Administrative Agent):
	  	$[            ]
			
		  	 (m) non-cash charges or amounts recorded in connection with purchase accounting under FASB Accounting
Standards Codification Topic 805 (ASC 805), Business Combinations (including any applicable to future Permitted Acquisitions):
	  	$[            ]
			
		  	 (n) non-cash purchase accounting adjustments relating to the writedown of deferred revenue (whether billed
or unbilled) that are the result of accounting for any acquisition:
	  	$[            ]
			
		  	 (o) the cumulative effect of a change in accounting principles to the extent permitted by
Section 1.02(b) of the Credit Agreement:
	  	$[            ]
			
		  	 (p) any expense in connection with any litigation or claim involving the Borrower or its
Subsidiaries:
	  	$[            ]
			
	        	  	 (q) debt discount and debt issuance costs, fees, charges and commissions, in each case incurred in
connection with Indebtedness permitted to be incurred under the Credit Agreement (whether or not such Indebtedness has been incurred):
	  	$[            ]
			
		  	 (r) any losses or expenses incurred by the Borrower or its Subsidiaries in connection with establishing new
or materially expanding existing Healthcare Facilities for a period of 6 months prior to the new establishment or material expansion of such Healthcare Facilities and continuing for 12 months after the new establishment or completed material
expansion of such Healthcare Facilities, as reasonably determined in good faith by the Borrower, for such period, not to exceed an amount equal to 25% (or, for any period including or occurring after the fiscal quarter ending December 31, 2017,
20%) of Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended prior to the determination date (without giving effect to any adjustments pursuant to this clause
(r))12:
	  	$[            ]
			
		  	 (s) net cost savings, operating expense reductions, other operating improvements and acquisition synergies
projected by the Borrower in good faith to be realized during such period (calculated on a pro forma basis as though such items had been realized on the first day of such period) as a result of actions taken or to be taken in connection with
any acquisition, disposition or restructuring by the Borrower or any Subsidiary, net of the amount of actual benefits realized during such period that are otherwise included in the calculation of Consolidated EBITDA from such actions13:
	  	$[            ]

  

	12 	For any period including or occurring after the fiscal quarter ending March 31, 2018, the aggregate amount of add backs made pursuant to clauses (i)(r) and clause (i)(s) shall not exceed an amount equal to 25% of
Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended prior to the determination date (without giving effect to any adjustments pursuant to clause (i)(r) and clause (i)(s)). 

	13 	To be included provided that (A) a duly completed certificate signed by a Financial Officer of the Borrower shall be delivered to the Administrative Agent together herewith certifying that (x) such cost
savings, operating expense reductions and synergies are reasonably expected and factually supportable as determined in good faith by the Borrower, and (y) such actions are to be taken within 12 months after the consummation of the acquisition,
disposition or restructuring, which is expected to result in such cost savings, expense reductions or synergies, (B) no such cost savings, operating expense reductions and synergies shall be added pursuant to clause (i)(s) to the extent
duplicative of any losses, expenses or charges otherwise added to Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period, (C) projected amounts (and not yet realized) may no longer be added in calculating
Consolidated EBITDA pursuant to clause (i)(s) to the extent occurring more than four full fiscal quarters after the specified action taken in order to realize such projected cost savings, operating expense reductions and synergies, (D) the
aggregate amount of add backs made pursuant to clause (i)(s) shall not exceed an amount equal to 20% (or, for any period including or occurring after the fiscal quarter ending December 31, 2017, 10%) of Consolidated EBITDA for the period of
four consecutive fiscal quarters most recently ended prior to the determination date (without giving effect to any adjustments pursuant to clause (i)(s)) and (E) for any period including or occurring after the fiscal quarter ending
March 31, 2018, the aggregate amount of add backs made pursuant to the foregoing clause (i)(r) and (i)(s) shall not exceed an amount equal to 25% of Consolidated EBITDA for the period of four consecutive fiscal quarters most recently ended
prior to the determination date (without giving effect to any adjustments pursuant to the clause (i)(r) and clause (i)(s). 

  
 G-3 

							
	        	  	(ii)  (a) to the extent included in determining such Consolidated Net Income, any extraordinary, unusual or non-recurring cash gains and all non-cash items of income for such period, all determined on a
consolidated basis in accordance with GAAP:	  	$[            ]
			
		  	 (b) unrealized gains in respect of Obligations under Hedging Agreements:
	  	$[            ]
			
		  	 (c) any gain from discontinued operations or any gain incurred in connection with the disposal discontinued
operations in accordance with GAAP for such period (or if not in accordance with GAAP as otherwise reasonably acceptable to the Administrative Agent)14:
	  	$[            ]

  

	14 	To include the Consolidated EBITDA of any Acquired Entity acquired by the Borrower or any Subsidiary pursuant to a Permitted Acquisition on a pro forma basis (assuming the consummation of such acquisition and the
incurrence or assumption of any Indebtedness in connection therewith occurred as of the first day of such period), and excluding the Consolidated EBITDA of any Person or line of business sold or otherwise disposed of by the Borrower or any
Subsidiary (assuming the consummation of such sale or other disposition and the repayment of any Indebtedness in connection therewith occurred as of the first day of such period). 

  
 G-4 

							
	2. Maximum Senior Secured Leverage Ratio: (i)/(ii) = 	  	
			
		  	Actual:	  	$[            ]
			
	        	  	Required by Section 6.10 of the Credit Agreement:	  	$[            ]
			
		  	(i)  Senior Secured Debt:	  	
			
		  	(ii) Consolidated EBITDA:	  	
		
	2. Total Leverage Ratio15: (i)/(ii) = 	  	
			
		  	Actual:	  	$[            ]
			
		  	(i) Total Debt:	  	
			
		  	(ii) Consolidated EBITDA:	  	
		
	4. Excess Cash Flow16: (i) - (ii) =	  	
			
		  	(i)  (a) Consolidated EBITDA:	  	$[            ]
			
		  	 (b) reductions to noncash working capital of Borrower and Subsidiaries (excluding any changes in working
capital due to the effects of purchase accounting adjustments):
	  	$[            ]
			
		  	(ii)  (a) amount of any Taxes paid in cash by the Borrower and the Subsidiaries17:	  	$[            ]
			
		  	 (b) Consolidated Interest Expense paid in cash:
	  	$[            ]
			
		  	 (c) Capital Expenditures and investments (including any Permitted Acquisition) permitted under the Credit
Agreement (whether or not such Capital Expenditure, investment or acquisition shall have been consummated) and that are made in cash, except to the extent financed with the proceeds of Indebtedness, equity issuances, casualty proceeds, condemnation
proceeds or other proceeds that would not be included in Consolidated EBITDA:
	  	$[            ]
			
		  	 (d) permanent repayments of Indebtedness (other than mandatory prepayments of Loans under Section 2.13
of the Credit Agreement, but including any voluntary prepayments of Term Loans under Section 2.12 of the Credit Agreement to the extent they reduce scheduled repayments of Term Loans under Section 2.11 of the Credit Agreement) made in cash
by the Borrower and the Subsidiaries to the extent that such Indebtedness so prepaid by its terms cannot be reborrowed or redrawn and such prepayments do not occur in connection with a refinancing of all or any portion of such Indebtedness:
	  	

  

	15 	To be computed only if incurring Indebtedness in reliance on Section 6.01(m). 

	16 	Delivery of computations of Excess Cash Flow required only in connection with financials statements delivered pursuant to paragraph (a) of Section 5.04 of the Credit Agreement. 

	17 	To include any franchise taxes imposed in lieu of income taxes. 

  
 G-5 

$[                    
] 
  

			
	 (e) solely to the extent representing a cash item actually paid in cash during such fiscal year,
amounts added back to Consolidated EBITDA pursuant to clauses (v), (vi), (vii), (viii), (xv), (xvi) and (xvii) of the definition of Consolidated EBITDA in the Credit Agreement:
	  	$[                    ]
		
	 (f) additions to noncash working capital:
	  	$[                    ]
		
	 (g) the aggregate amount of Restricted Payments made in cash in accordance with Section 6.06(a)(i)
of the Credit Agreement (but solely with respect to clause (x) thereof):
	  	$[                    ]
		
	5. Available Amount18: (i) – (ii) =	  	$[                    ]

 (i) (a) (x) the cumulative amount of Excess Cash Flow for all fiscal years of the Borrower completed
after the Closing Date (commencing with the fiscal year ending December 31, 2017) and prior to the Reference Date minus (y) the portion of such Excess Cash Flow that has been (or will be) after the Closing Date and on or prior to the
Reference Date applied to the prepayment or repayment of Loans in accordance with Section 2.13 of the Credit Agreement: 

$[                    ] 

(b) the amount of any capital contributions (whether in cash or Permitted Investments) received by the Borrower or proceeds of equity issuances
by the Borrower or any direct or indirect parent of the Borrower and directly or indirectly contributed in cash or Permitted Investments as common equity to the Borrower, in each case to the extent permitted hereunder (other than in connection with
Cure Amounts) after the Closing Date and on or prior to the Reference Date: 

$[                    ] 

(c) an amount equal to any repayments, interest, returns, profits, distributions, income and similar amounts actually theretofore received in
cash or Permitted Investments in respect of any investment made pursuant to Section 6.04(i)(ii) of the Credit Agreement after the Closing Date and on or prior to the Reference Date: 

$[                    ] 

(d) an amount equal to any Declined Proceeds retained by the Borrower after the Closing Date and on or prior to the Reference Date (and not,
for the avoidance of doubt, applied for any other purposes, including as permitted by Section 2.12(b) of the Credit Agreement): 

$[                    ] 

(ii) the sum, without duplication, of (i) the aggregate amount of investments, loans and advances made pursuant to Section 6.04(j)(ii)
of the Credit Agreement by any Loan Party after the Closing Date and on or prior to the Reference Date and (ii) the aggregate amount of Restricted Payments made pursuant to Section 6.06(a)(iii) of the Credit Agreement, (iii) after the Closing Date
and on or prior to the Reference Date and (iv) the aggregate amount of distributions, payments, commitments, redemptions, repurchase, retirements, acquisitions or set aside made pursuant to Section 6.09(b)(iv) of the Credit Agreement after the
Closing Date and on or prior to the Reference Date: $[                    ] 

  
  

	18 	Delivery of computations of Available Amount required only in connection with financials statements delivered pursuant to paragraph (a) of Section 5.04 of the Credit Agreement. 

  
 G-6 

			
	6. Consolidated Net Income: (i) - (ii) =	  	$[                    ]

  

			
	 (i) the net income or loss of the Borrower and the Subsidiaries for such period determined on a consolidated
basis in accordance with GAAP:
	 	$[                    ]
		
	 (ii) (a) the income of any Subsidiary to the extent that the declaration or payment of dividends or similar
distributions by the Subsidiary of that income is not at the time permitted by operation of the terms of its charter or any agreement, instrument, judgment, decree, statute, rule or governmental regulation applicable to such Subsidiary except that
(x) the Borrower’s equity in any net loss of any such Subsidiary for such period shall be included in determining Consolidated Net Income and (y) the net income of any Controlled Physician Affiliate shall be included in the
determination of Consolidated Net Income for any period to the extent that any Loan Party has received cash payments under the management agreement with such Controlled Physician’s Affiliate during such period:
	 	$[                    ]
		
	 (b) the income or loss of any Person accrued prior to the date it becomes a Subsidiary or is merged into or
consolidated with the Borrower or any Subsidiary or the date that such Person’s assets are acquired by the Borrower or any Subsidiary:
	 	$[                    ]
		
	 (c) the income of any Person in which any other Person (other than the Borrower or a Wholly Owned Subsidiary or any
director holding qualifying shares in accordance with applicable law) has a joint interest, except to the extent of the amount of dividends or other distributions actually paid to the Borrower or a Wholly Owned Subsidiary by such Person during such
period:
	 	$[                    ]
		
	 (d) any gains attributable to sales of assets out of the ordinary course of business:
	 	$[                    ]
		
	7. Senior Secured Debt: the total Indebtedness of the Borrower and the Subsidiaries that is secured by a Lien on that property or assets of the Borrower or the Subsidiaries:	 	$[                    ]
		
	8. Total Debt: the total Indebtedness of the Borrower and the Subsidiaries at such time (excluding Indebtedness of the type described in clauses (j) and (l) of the definition of such term,
except, in the case of clause (l), to the extent of any unreimbursed drawings thereunder):	 	
		
		 	$[                    ]
		
	9. Consolidated Interest Expense19: (i) + (ii) = 	 	$[                    ]

 (i) the interest expense (including imputed interest expense in respect of Capital Lease Obligations and
Synthetic Lease Obligations) of the Borrower and the Subsidiaries, 
  

 

	19 	 Interest expense shall be determined after giving effect to any net payments made or received by the Borrower or
any Subsidiary with respect to interest rate Hedging Agreements. 

  
 G-7 

 
determined on a consolidated basis in accordance with GAAP20: 

$[                    ] 

 

			
	 (ii) any interest accrued in respect of Indebtedness of the Borrower or any Subsidiary required to be
capitalized rather than included in consolidated interest expense for such period in accordance with GAAP:
	 	$[                    ]

  
  

	20 	To include (i) any amounts of premium or penalty payable in connection with the payment of make-whole amounts or other prepayment premiums payable in connection with any Indebtedness of the Borrower or any of its
Subsidiaries, and (ii) all commissions, discounts and other fees and charges owed in respect of interest rates to the extent such net costs are allocable to such period in accordance with GAAP. 

  
 G-8 

 FORM OF LANDLORD PERSONAL PROPERTY COLLATERAL ACCESS AGREEMENT 

LANDLORD’S WAIVER AND CONSENT 

THIS LANDLORD’S WAIVER AND CONSENT (“Waiver and Consent”) is made and entered into as of this
[__] day of [            ] by and between
[            ], a [            ]
(“Landlord”), and CREDIT SUISSE AG, as administrative and collateral agent (in such capacities, including any successors thereto, the “Agent”) for the lenders (collectively,
“Lenders”) from time to time party to the Credit Agreement described below and each other Secured Party (as defined in the Credit Agreement). 

A. Landlord is the owner of the real property commonly known as             (the
“Premises”). 
 B. Landlord has entered into that certain Lease Agreement dated
            (together with all amendments and modifications thereto and waivers thereof, the “Lease”) with
[            ], a [            ] (“Company”), with respect to the Premises. 

C. Agent and the Secured Parties are party to that certain Credit Agreement, dated as of June 30, 2017 (as may be amended,
restated, replaced, refinanced, supplemented or otherwise modified from time to time, the “Credit Agreement”), among AAC HOLDINGS, INC., a Nevada corporation (the “Borrower”), the Lenders from time to
time party thereto and CREDIT SUISSE AG, as Agent, and to secure the obligations arising under such Credit Agreement, Company has granted to Agent, for its own benefit and the ratable benefit of the Secured Parties, a security interest in and lien
upon certain assets of Company, including, without limitation, all of Company’s cash, cash equivalents, goods, inventory, machinery, equipment, and furniture and trade fixtures (such as equipment bolted to floors), together with all additions,
substitutions, replacements and improvements to, and proceeds of, the foregoing, but excluding building fixtures (such as plumbing, lighting and HVAC systems) (collectively, the “Collateral”). 

NOW, THEREFORE, in consideration of any financial accommodations extended by the Secured Parties to Company at any time, and other good and
valuable consideration the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 
 1. Landlord acknowledges
that (a) the Lease is in full force and effect and (b) Landlord is not aware of any existing default under the Lease. 
 2.
Landlord will use commercially reasonable efforts to provide Agent with written notice of any default by Company under the Lease resulting in termination of the Lease (a “Default Notice”). Agent shall have at least
[15] days following receipt of such Default Notice to cure such default, but neither Agent nor any Secured Party shall be under any obligation to cure any default by Company under the Lease. No action by Agent or any Secured Party
pursuant to this Waiver and Consent shall be deemed to be an assumption by Agent or Secured Parties of any obligation under the Lease, and, except as provided in paragraphs 6 and 7 below, Agent shall not have any obligation to Landlord. 

 3. Landlord acknowledges the validity of Agent’s Lien on the Collateral and, until such time
as the Obligations (as defined in the Credit Agreement) of Company to the Secured Parties are unconditionally, finally and irrevocably paid in full, Landlord waives any interest in the Collateral and agrees not to distrain or levy upon any
Collateral or to assert any landlord lien, right of distraint or other claim against the Collateral for any reason. 
 4. Landlord agrees
that the Collateral consisting of trade fixtures such as equipment bolted to the floor shall not be deemed a fixture or part of the real estate but shall at all times be considered personal property. 

5. Prior to a termination of the Lease, Agent or its representatives or invitees may enter upon the Premises at any time without any
interference by Landlord to inspect or remove any or all of the Collateral, including, without limitation, by public auction or private sale pursuant to the provisions of paragraph 7 below. 

6. Upon a termination of the Lease, Landlord will permit Agent and its representatives and invitees to occupy and remain on the Premises;
provided, that (a) such period of occupation (the “Disposition Period”) shall not exceed up to [150] days following receipt by Agent of a Default Notice or, if the Lease has expired by its own terms
(absent a default thereunder), up to [30] days following Agent’s receipt of written notice of such expiration, (b) for the actual period of occupancy by Agent, Agent will pay to Landlord the basic rent due under the Lease pro-rated on a per diem basis determined on a 30-day month, and shall provide and retain liability and property insurance coverage, electricity and heat to the extent required
by the Lease, and (c) such amounts paid by Agent to Landlord shall exclude any rent adjustments, indemnity payments or similar amounts for which the Company remains liable under the Lease for default, holdover status or other similar charges.
If any injunction or stay is issued that prohibits Agent from removing the Collateral, the commencement of the Disposition Period will be deferred until such injunction or stay is lifted or removed. 

7. During any Disposition Period, (a) Agent and its representatives and invitees may inspect, repossess, remove and otherwise deal with
the Collateral, and Agent may advertise and conduct public auctions or private sales of the Collateral at the Premises, in each case without interference by Landlord or liability of Agent or any Secured Party to Landlord, and (b) Agent shall
make the Premises available for inspection by Landlord and prospective tenants and shall cooperate in Landlord’s reasonable efforts to re-lease the Premises. If Agent conducts a public auction or private
sale of the Collateral at the Premises, Agent shall use reasonable efforts to notify Landlord first and to hold such auction or sale in a manner which would not unduly disrupt Landlord’s or any other tenant’s use of the Premises. 

8. Agent shall promptly repair, at Agent’s expense, or reimburse Landlord for any physical damage to the Premises actually caused by the
conduct of such auction or sale and any removal of Collateral by or through Agent (ordinary wear and tear excluded). Neither Agent nor any Secured Party shall be liable for any diminution in value of the Premises caused by the absence of Collateral
removed, and neither Agent nor any Secured Party shall have any duty or obligation to remove or dispose of any Collateral or any other property left on the Premises by Company. 

 9. This Waiver and Consent shall continue in effect until the earlier of (i) the payment in
full of the Obligations (other than contingent indemnification obligations for which no claim has been asserted) of Company to the Secured Parties and (ii) subject to the provisions of paragraph 6 above, the expiration or early termination of
the Lease. 
 10. All notices hereunder shall be in writing, sent by certified mail, return receipt requested or by telecopy, to the
respective parties and the addresses set forth on the signature page or at such other address as the receiving party shall designate in writing. 

11. This Waiver and Consent may be executed in any number of several counterparts, shall be governed and controlled by, and interpreted under,
the laws of the State of New York, and shall inure to the benefit of Agent and its successors and assigns and shall be binding upon Landlord and its successors and assigns (including any transferees of the Premises). 

IN WITNESS WHEREOF, this Landlord’s Waiver and Consent is entered into as of the date first set forth above. 

 

			
	 LANDLORD
  

[                    ]

		
	By:	 	  

	Title:	 	  

	
	 AGENT
  

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as the Agent

		
	By:	 	  

	Title:	 	  

	Its: Duly Authorized Signatory
		
	By:	 	  

	Title:	 	  

	Its: Duly Authorized SignatoryEX-10.2

 Exhibit 10.2 
  

 
  

GUARANTEE AND COLLATERAL AGREEMENT 

made by 
 AAC HOLDINGS, INC., as
Borrower 
 and certain Subsidiaries of Borrower 

in favor of 
 CREDIT SUISSE AG, as
Collateral Agent 
 dated as of June 30, 2017 
  

 
  

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	SECTION 1.	 	 DEFINED TERMS
	  	 	1	 
			
	 1.01
	 	 Definitions
	  	 	1	 
	 1.02
	 	 Other Definitional Provisions
	  	 	12	 
			
	SECTION 2.	 	 GUARANTEE
	  	 	12	 
			
	 2.01
	 	 Guarantee
	  	 	13	 
	 2.02
	 	 Rights of Reimbursement, Contribution and Subrogation
	  	 	13	 
	 2.03
	 	 Amendments, etc. with Respect to the Borrower Obligations
	  	 	15	 
	 2.04
	 	 Guarantee Absolute and Unconditional
	  	 	15	 
	 2.05
	 	 Reinstatement
	  	 	16	 
	 2.06
	 	 Payments
	  	 	16	 
	 2.07
	 	 Keepwell
	  	 	16	 
			
	SECTION 3.	 	 GRANT OF SECURITY INTEREST; CONTINUING LIABILITY UNDER COLLATERAL
	  	 	17	 
			
	 3.01
	 	 Grant of Security Interest
	  	 	17	 
	 3.02
	 	 Transfer of Pledged Securities
	  	 	18	 
	 3.03
	 	 Control Requirements
	  	 	19	 
	 3.04
	 	 Intellectual Property Recording Requirements
	  	 	20	 
	 3.05
	 	 Timing and Notice
	  	 	20	 
			
	SECTION 4.	 	 REPRESENTATIONS AND WARRANTIES
	  	 	20	 
			
	 4.01
	 	 Representations in Credit Agreement
	  	 	20	 
	 4.02
	 	 Benefit to Each Grantor
	  	 	21	 
	 4.03
	 	 Title; No Other Liens
	  	 	21	 
	 4.04
	 	 Perfected First Priority Liens
	  	 	21	 
	 4.05
	 	 Name; Jurisdiction of Organization, etc.
	  	 	21	 
	 4.06
	 	 Inventory, Goods and Equipment
	  	 	22	 
	 4.07
	 	 Special Collateral
	  	 	22	 
	 4.08
	 	 Investment Property
	  	 	22	 
	 4.09
	 	 Receivables
	  	 	23	 
	 4.10
	 	 Letters of Credit and Letter of Credit Rights
	  	 	23	 
	 4.11
	 	 Commercial Tort Claims
	  	 	23	 
			
	SECTION 5.	 	 COVENANTS
	  	 	23	 
			
	 5.01
	 	 Covenants in Credit Agreement
	  	 	24	 
	 5.02
	 	 Delivery and Control of Instruments and Negotiable Documents
	  	 	24	 
	 5.03
	 	 Maintenance of Insurance
	  	 	24	 
	 5.04
	 	 Maintenance of Perfected Security Interest; Further Documentation
	  	 	25	 

  
 i 

							
	 5.05
	 	 Changes in Locations, Name, Jurisdiction of Incorporation, etc.
	  	 	25	 
	 5.06
	 	 Notices
	  	 	26	 
	 5.07
	 	 Investment Property
	  	 	26	 
	 5.08
	 	 Receivables
	  	 	28	 
	 5.09
	 	 Commercial Tort Claims
	  	 	28	 
	 5.10
	 	 Maintenance of Records
	  	 	28	 
	 5.11
	 	 Maintenance of Equipment
	  	 	28	 
	 5.12
	 	 Limitations on Dispositions of Collateral
	  	 	28	 
			
	 SECTION 6.
	 	REMEDIAL PROVISIONS	  	 	29	 
			
	 6.01
	 	 Certain Matters Relating to Receivables
	  	 	29	 
	 6.02
	 	 Communications with Obligors; Grantors Remain Liable
	  	 	29	 
	 6.03
	 	 Pledged Securities
	  	 	30	 
	 6.04
	 	 Proceeds to be Turned over to Collateral Agent
	  	 	31	 
	 6.05
	 	 Application of Proceeds
	  	 	31	 
	 6.06
	 	 Code and Other Remedies
	  	 	31	 
	 6.07
	 	 Registration Rights
	  	 	33	 
	 6.08
	 	 Deficiency
	  	 	34	 
	 6.09
	 	 Non-Judicial Enforcement
	  	 	34	 
			
	 SECTION 7.
	 	THE COLLATERAL AGENT	  	 	34	 
			
	 7.01
	 	 Collateral Agent’s Appointment as Attorney-in-Fact, etc.
	  	 	34	 
	 7.02
	 	 Duty of Collateral Agent
	  	 	36	 
	 7.03
	 	 Filing of Financing Statements
	  	 	36	 
	 7.04
	 	 Authority of Collateral Agent
	  	 	37	 
	 7.05
	 	 Appointment of Co-Collateral Agents
	  	 	37	 
			
	 SECTION 8.
	 	MISCELLANEOUS	  	 	37	 
			
	 8.01
	 	 Amendments in Writing
	  	 	37	 
	 8.02
	 	 Notices
	  	 	37	 
	 8.03
	 	 No Waiver by Course of Conduct; Cumulative Remedies
	  	 	37	 
	 8.04
	 	 Enforcement Expenses; Indemnification
	  	 	38	 
	 8.05
	 	 Successors and Assigns
	  	 	38	 
	 8.06
	 	 Setoff
	  	 	38	 
	 8.07
	 	 Counterparts
	  	 	39	 
	 8.08
	 	 Severability
	  	 	39	 
	 8.09
	 	 Section Headings
	  	 	39	 
	 8.10
	 	 APPLICABLE LAW
	  	 	39	 
	 8.11
	 	 Submission to Jurisdiction; Waivers
	  	 	39	 
	 8.12
	 	 Acknowledgments
	  	 	40	 
	 8.13
	 	 Additional Grantors
	  	 	40	 
	 8.14
	 	 Termination of Security Interest
	  	 	40	 
	 8.15
	 	 WAIVER OF JURY TRIAL
	  	 	41	 
	 8.16
	 	 Reinstatement
	  	 	41	 

  
 ii 

 Exhibits: 
  

			
	 Exhibit A
	  	Form of Securities Account Control Agreement
	 Exhibit B
	  	Form of Deposit Account Control Agreement
	 Exhibit C
	  	Form of Trademark Security Agreement
	 Exhibit D
	  	Form of Patent Security Agreement
	 Exhibit E
	  	Form of Copyright Security Agreement
	 Exhibit F
	  	Form of Uncertificated Securities Control Agreement
		
	 Annex:
	  	
		
	 Annex 1
	  	Form of Assumption Agreement
		
	 Schedules:
	  	
		
	 Schedule 4.04
	  	Required Filings and Other Actions Required to Perfect Security Interests
	 Schedule 4.05
	  	Organizational Information
	 Schedule 4.06(a)
	  	Location of Inventory and Equipment
	 Schedule 4.06(b)
	  	Inventory, Goods and Equipment in Possession of Issuer of Negotiable Document
	 Schedule 4.08(a)
	  	Description of Equity Instruments
	 Schedule 4.08(b)
	  	Description of Pledged Debt Instruments
	 Schedule 4.08(c)
	  	Description of Pledged Accounts
	 Schedule 4.10
	  	Letter of Credit Rights
	 Schedule 4.11
	  	Commercial Tort Claims
	 Schedule 8.02
	  	Notice Addresses of Guarantors

  
 iii 

 GUARANTEE AND COLLATERAL AGREEMENT dated as of June 30, 2017 made by each of the signatories
hereto (together with any other entity that may become a party hereto as provided herein, the “Grantors”), in favor of CREDIT SUISSE AG, as collateral agent (in such capacity and together with its successors, the
“Collateral Agent”) for the Secured Parties in connection with the Credit Agreement dated as of June 30, 2017 (as amended, restated, replaced, supplemented or otherwise modified from time to time, the “Credit
Agreement”), among AAC HOLDINGS, INC., a Nevada corporation (the “Borrower”), the Lenders from time to time party thereto, CREDIT SUISSE AG, as administrative agent for the Lenders (in such capacity, the
“Administrative Agent”), and as Collateral Agent. 
 W I T N E S S
E T H: 
 WHEREAS, pursuant to the Credit Agreement, the Lenders have severally agreed to make extensions of credit to
the Borrower upon the terms and subject to the conditions set forth therein; 
 WHEREAS, the Borrower is a member of an affiliated group of
companies that includes each other Grantor; 
 WHEREAS, the proceeds of the extensions of credit under the Credit Agreement will be used in
part to enable the Borrower to make valuable transfers to one or more of the other Grantors in connection with the operation of their respective businesses; 

WHEREAS, the Borrower and the other Grantors are engaged in related businesses, and each Grantor will derive substantial direct and indirect
benefit from the making of the extensions of credit under the Credit Agreement; and 
 WHEREAS, it is a condition precedent to the
obligation of the Lenders to make their respective extensions of credit to the Borrower under the Credit Agreement that the Grantors shall have executed and delivered this Agreement to the Collateral Agent for the ratable benefit of the Secured
Parties; 
 NOW, THEREFORE, in consideration of the premises and to induce the Administrative Agent, the Collateral Agent and the Lenders to
enter into the Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrower thereunder and to induce the Qualified Counterparties to enter into Specified Hedge Agreements, each Grantor hereby agrees with
the Collateral Agent, for the ratable benefit of the Secured Parties, as follows: 
 SECTION 1. DEFINED TERMS 

1.01 Definitions. (a) Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the
meanings given to them in the Credit Agreement, and the following terms are used herein as defined in the New York UCC (and if defined in more than one Article of the New York UCC, such terms shall have the meanings given in Article 9 thereof):
Accounts, Account Debtor, As-Extracted Collateral, Bank, Certificated Security, Chattel Paper, Commercial Tort Claim, Documents, Deposit Account, Electronic Chattel Paper, Entitlement Order, Equipment, Farm Products, Financial Asset,

 
Fixtures, General Intangibles, Goods, Instruments, Inventory, Letter of Credit, Letter of Credit Rights, Money, Payment Intangibles, Securities Account, Securities Intermediary, Security,
Security Entitlement, Supporting Obligations, Tangible Chattel Paper, Uncertificated Security and Vehicles. 
 (b) The following terms shall
have the following meanings: 
 “Administrative Agent” shall have the meaning assigned to such term in the preamble.

 “Agent” shall mean each of the Administrative Agent and the Collateral Agent. 

“Agreement” shall mean this Guarantee and Collateral Agreement, as the same may be amended, restated, supplemented,
replaced or otherwise modified from time to time. 
 “Arrangers” shall have the meaning assigned to such term in the
Credit Agreement. 
 “Borrower” shall have the meaning assigned to such term in the preamble. 

“Borrower Obligations” shall mean the collective reference to the unpaid principal of and interest on (including
interest accruing after the maturity of the Loans and reimbursement obligations in respect of amounts drawn under Letters of Credit and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency,
reorganization or like proceeding, relating to any Grantor, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) the Loans and all other obligations and liabilities of the Grantors to any Agent, any Lender
or, in case of Specified Hedge Agreements or Cash Management Obligations, any Qualified Counterparty, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or
in connection with the Credit Agreement, any other Loan Document, the Letters of Credit, any Specified Hedge Agreement, in respect of any Cash Management Obligations or any other document made, delivered or given in connection herewith or therewith,
whether on account of principal, interest, reimbursement obligations, out-of-pocket fees, indemnities, costs, reasonable out-of-pocket expenses (including all fees, charges and disbursements of counsel to any Secured Party that are required to be
paid by the Borrower pursuant to the terms of the Credit Agreement or any other Loan Document) or otherwise; provided that (i) obligations of the Borrower under any Specified Hedge Agreement or in respect of any Cash Management
Obligations shall be secured and guaranteed pursuant to the Security Documents only to the extent that, and for so long as the other obligations set forth in this definition are so secured and guaranteed, (ii) any release of Collateral or
Guarantors effected in the manner permitted by the Credit Agreement or any other Loan Document shall not require the consent of holders of Cash Management Obligations or obligations under Specified Hedge Agreements, (iii) the amount of secured
obligations under any Specified Hedge Agreements shall not exceed the net amount, including any net termination payments, that would be required to be paid to the Qualified Counterparty on the date of termination of such Specified Hedge Agreement
and (iv) the amount of Cash Management Obligations of the Borrower and the Guarantors secured by the Collateral shall not exceed $10,000,000 at any time; provided that, solely with respect to any guarantee provided herein by any
applicable Guarantor in respect of any Specified Hedge Agreement, such guarantee and the Borrower Obligations shall exclude all Excluded Swap Obligations of such Guarantor. 

  
 2 

 “Cash Management Obligations” shall mean all obligations in
respect of (i) any overdraft and related liabilities arising from treasury, depositary and cash management services or any automated clearing house transfers of funds and (ii) purchase card obligations and credit card obligations.

 “Collateral” shall have the meaning assigned to such term in Section 3. 

“Collateral Account” shall mean any collateral account established by the Collateral Agent as provided
in Section 6.01 or 6.04 of this Agreement or Section 2.22(j) of the Credit Agreement. 

“Collateral Account Funds” shall mean, collectively, the following: all funds (including all trust
monies), investments (including all Permitted Investments) credited to, or purchased with funds from, any Collateral Account and all certificates and instruments from time to time representing or evidencing such investments; all notes, certificates
of deposit, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Collateral Agent for or on behalf of any Grantor in substitution for, or in addition to, any or all of the Collateral; and all interest,
dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the items constituting Collateral. 

“Collateral Agent” shall have the meaning assigned to such term in the preamble. 

“Collateral Support” shall mean all property (real or personal) assigned, hypothecated or otherwise
securing any Collateral and shall include any security agreement or other agreement granting a lien or security interest in such real or personal property. 

“Commodity Exchange Act” shall mean the Commodity Exchange Act (7 U.S.C. § 1 et seq.), as amended
from time to time, and any successor statute. 
 “Contracts” shall mean all written
contracts and agreements between any Grantor and any other Person (in each case, whether third party or intercompany) as the same may be amended, extended, restated, supplemented, replaced or otherwise modified from time to time including
(i) all rights of any Grantor to receive moneys due and to become due to it thereunder or in connection therewith, (ii) all rights of any Grantor to receive proceeds of any insurance, indemnity, warranty or guaranty with respect thereto,
(iii) all rights of any Grantor to damages arising thereunder and (iv) all rights of any Grantor to terminate and to perform and compel performance of, such contracts and to exercise all remedies thereunder. 

“Control” shall mean: (1) with respect to any Deposit Accounts, control within the meaning of
Section 9-104 of the UCC, (2) with respect to any Securities Accounts or Security Entitlements, control within the meaning of Section 9-106 of the UCC, (3) with respect to any Uncertificated Securities, control within the meaning
of Section 8-106(c) of the UCC, (4) with respect to any Certificated Securities, control within the meaning of Section 8-106(a)  

  
 3 

 
or 8-106(b) of the UCC, (5) with respect to any Electronic Chattel Paper, control within the meaning of Section 9-105 of the UCC, (6) with respect to Letter of Credit Rights,
control within the meaning of Section 9-107 of the UCC and (7) with respect to any “transferable record” (as that term is defined in Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or in
Section 16 of the Uniform Electronic Transactions Act as in effect in any relevant jurisdiction), control within the meaning of Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or in Section 16
of the Uniform Electronic Transactions Act as in effect in the jurisdiction relevant to such transferable record. 

“Copyright Licenses” shall mean all agreements, licenses and covenants providing for the granting of any
right in or to any Copyright or otherwise providing for a covenant not to sue for infringement or other violation of any Copyright, including those in which a Grantor is a licensor or licensee thereunder. 

“Copyrights” shall mean (i) all copyrights arising under the laws of the United States, any other
country, or union of countries, or any political subdivision of any of the foregoing, whether registered or unregistered and whether published or unpublished (including the registered copyrights and applications listed in Schedule 3.27(a) to
the Credit Agreement (as such schedule may be amended or supplemented from time to time)), all registrations and recordings thereof, and all applications in connection therewith, including all registrations, recordings and applications in the United
States Copyright Office, (ii) the right to, and to obtain, all extensions and renewals thereof, and the right to sue or otherwise recover for past, present and future infringements or other violations of any of the foregoing, (iii) all
Proceeds of the foregoing, including license fees, royalties, income, payments, claims, damages, and proceeds of suit, and (iv) all other rights accruing thereunder or pertaining thereto throughout the world. 

“Credit Agreement” shall have the meaning assigned to such term in the preamble. 

“Dollars” or “$” shall mean lawful money of the United States of America. 

“Excluded Assets” shall mean (i) (a) fee owned real property (or any interest in real
property) with an aggregate fair market value (in the Borrower’s reasonable good faith determination) less than $15,000,000 to the extent acquired subsequent to the Closing Date, but provided that any individual parcel of fee owned real
property (or any interest in real property) with a fair market value (in the Borrower’s reasonable good faith determination) greater than $5,000,000 acquired subsequent to the Closing Date shall be so pledged, (b) the Healthcare Facilities
set forth on Schedule 6.03 and (c) all real property leasehold interests (provided that the Borrower may, in its sole discretion, elect to grant a Mortgage over any fee owned real property (or any
interest in real property) in accordance with Section 5.12 of the Credit Agreement), (ii) all cars, trucks, trailers, construction, special purpose and other Vehicles and Equipment covered by a certificate of title of any state or of the
United States of America and all appurtenants to any of the foregoing, (iii) Commercial Tort Claims in an aggregate amount not to exceed $1,000,000 individually or $2,000,000 in the aggregate, (iv) any lease, license, Contract, property
rights or agreement to which the Grantor is a party or any of its rights or interests thereunder if and for so long as the grant of such security interest shall constitute or result in (A) a violation of any law, rule or regulation applicable
to such Grantor, (B) the abandonment,  

  
 4 

 
invalidation or unenforceability of any right, title or interest of the Grantor therein or (C) a breach or termination pursuant to the terms of, or a default under, any such lease,
license, contract, property rights or agreement (other than to the extent that any such term is rendered ineffective pursuant to Sections 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) or principles of equity), provided, however, that such security interest shall attach immediately and automatically at such time as the contractual or legal
prohibition causing such abandonment, invalidation, unenforceability or violation shall not longer be applicable or shall be remedied and to the extent severable, shall attach immediately to any portion of such lease, license, Contract, property
rights or agreement that does not result in any of the consequences specified in (A), (B) or (C) above, (v) Farm Products and As-Extracted Collateral, (vi) Excluded Equity Interests, (vii) fixed or capital assets owned by
such Grantor that are subject to a purchase money Lien or a Capital Lease Obligation (in each case, to the extent permitted by the Credit Agreement) if the contractual agreement pursuant to which such Lien is granted (or in the document providing
for such Capital Lease Obligation) prohibits or expressly requires the consent (which consent has not been obtained after the exercise of reasonable efforts) of any Person (other than any Grantor or its Affiliates) as a condition to the creation of
any other Lien on such assets and (viii) any assets if, in the judgment of the Collateral Agent, the costs of creating or perfecting such pledges or security interests in such assets (including any mortgage, stamp or other tax) are excessive in
relation to the benefits to the Lenders. 
 “Excluded Equity Interests” shall mean
(1) Equity Interests of a Foreign Subsidiary if such pledge or security interest would constitute an investment of earnings in United States property under Section 956 (or a successor provision) of the Code;
provided that this clause (iii) shall not apply to (A) Voting Equity Interests of any Subsidiary which is (x) a first-tier controlled foreign corporation (as defined in Section 957(a) (or a
successor provision) of the Code) or (y) a Domestic Subsidiary that is treated as a Foreign Subsidiary pursuant to this paragraph, in each case, representing 65% of the total voting power of all outstanding Voting Equity Interests of such
Subsidiary and (B) 100% of the Equity Interests not constituting Voting Equity Interests of any such Subsidiary, except that any such Equity Interests constituting “stock entitled to vote” within the meaning of Treasury
Regulation Section 1.956-2(c)(2) (or a successor provision) shall be treated as Voting Equity Interests for purposes of this definition and (2) Equity Interests of a Controlled Physician Affiliate not owned or hereafter acquired by
any Grantor. Solely for purposes of this definition, a “Domestic Subsidiary” shall be treated as a Foreign Subsidiary if substantially all of the assets of such Domestic Subsidiary are Equity Interests in Foreign Subsidiaries.

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

  
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 “General Intangibles” shall mean all “general
intangibles” as such term is defined in Article 9 of the New York UCC and, in any event, including with respect to any Grantor, all rights of such Grantor to receive any tax refunds, all Hedging Agreements and all contracts, agreements,
instruments and indentures and all licenses, permits, concessions, franchises and authorizations issued by Governmental Authorities in any form, and portions thereof, to which such Grantor is a party or under which such Grantor has any right, title
or interest or to which such Grantor or any property of such Grantor is subject, as the same may from time to time be amended, supplemented, replaced or otherwise modified, including (i) all rights of such Grantor to receive moneys due and to
become due to it thereunder or in connection therewith, (ii) all rights of such Grantor to receive proceeds of any insurance, indemnity, warranty or guaranty with respect thereto, (iii) all rights of such Grantor to damages arising
thereunder and (iv) all rights of such Grantor to terminate and to perform and compel performance and to exercise all remedies thereunder. 

“Government Contract” shall mean any Contract of a Grantor with any Governmental Authority. 

“Government Receivable” shall mean any Receivable of a Grantor pursuant to or in connection with a Government
Contract. 
 “Grantors” shall have the meaning assigned to such term in the preamble. 

“Guarantor Obligations” shall mean with respect to any Guarantor, all obligations and liabilities of
such Guarantor, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under or in connection with this Agreement (including Section 2) or any other Loan Document to
which such Guarantor is a party, in each case whether on account of guarantee obligations, reimbursement obligations, out-of-pocket fees, indemnities, costs and expenses (including all fees and disbursements of counsel to any Secured Party that are
required to be paid by such Guarantor pursuant to the terms of this Agreement or any other Loan Document) or otherwise; provided that (i) obligations of any Grantor under any Specified Hedge Agreement or in
respect of any Cash Management Obligations shall be secured and guaranteed pursuant to the Security Documents only to the extent that, and for so long as the other obligations set forth in this definition are so secured and guaranteed, (ii) any
release of Collateral or Guarantors effected in the manner permitted by the Credit Agreement or any other Loan Document shall not require the consent of holders of obligations under Specified Hedge Agreements or holders of any Cash Management
Obligations, (iii) the amount of secured obligations under any Specified Hedge Agreements shall not exceed the net amount, including any net termination payments, that would be required to be paid to the Qualified Counterparty on the date of
termination of such Specified Hedge Agreement and (iv) the amount of Cash Management Obligations of the Borrower and the Guarantors secured by the Collateral shall not exceed $10,000,000; provided that, solely
with respect to any guarantee provided herein by any applicable Guarantor in respect of any Specified Hedge Agreement, such guarantee and the Guarantor Obligations shall exclude all Excluded Swap Obligations of such Guarantor. 

  
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 “Guarantors” shall mean the collective reference to each Grantor other
than the Borrower. 
 “Immaterial Intellectual Property” shall mean Intellectual Property that
(x) is not used or useful in, or material to, the business of any Grantor and (y) has no commercial value individually or in the aggregate. 

“Insurance” shall mean all property and casualty insurance policies covering any or all of the
Collateral (regardless of whether the Collateral Agent is the loss payee thereof). 
 “Intellectual
Property” shall mean the collective reference to all rights, priorities and privileges relating to any intellectual property, whether arising under United States, multinational or foreign laws or otherwise, including Copyrights,
Copyright Licenses, Patents, Patent Licenses, Trademarks, Trademark Licenses, Trade Secrets and Trade Secret Licenses, together with URLs, domain names, content of websites and databases, and all rights to sue at law or in equity for any past,
present and future infringement or other violation of rights therein, including the right to receive all Proceeds therefrom, including license fees, royalties, income, payments, claims, damages and proceeds of suit for any past, present or future
infringement, misappropriation, dilution or other violation thereof now or hereafter due and/or payable with respect thereto. 

“Intellectual Property Collateral” shall mean that portion of the Collateral that constitutes Intellectual Property.

 “Investment Property” shall mean the collective reference to (i) all “investment
property” as such term is defined in Section 9-102(a)(49) of the New York UCC including all Certificated Securities and Uncertificated Securities, all Security Entitlements and all Securities Accounts, (ii) security entitlements, in
the case of any United States Treasury book-entry securities, as defined in 31 C.F.R. section 357.2, or, in the case of any United States federal agency book-entry securities, as defined in the corresponding United States federal
regulations governing such book-entry securities, and (iii) whether or not otherwise constituting “investment property,” all Pledged Notes, all Pledged Equity Interests and all Pledged Security Entitlements. 

“Issuers” shall mean the collective reference to each issuer of a Pledged Security. 

“Material Intellectual Property” shall mean Intellectual Property included in the Collateral that is
material to the business of a Grantor or is otherwise of material value. 
 “New York UCC” shall mean
the Uniform Commercial Code as from time to time in effect in the State of New York. 

“Obligations” shall mean (i) in the case of the Borrower, the Borrower Obligations, and
(ii) in the case of each Guarantor, its Guarantor Obligations; provided that, solely with respect to any guarantee provided herein by any applicable Guarantor in respect of any Specified Hedge Agreement, such
guarantee and the Obligations shall exclude all Excluded Swap Obligations of such Guarantor. 

  
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 “Patent License” shall mean all agreements, licenses and
covenants providing for the granting of any right in or to any Patent, or otherwise providing for a covenant not to sue for infringement or other violation of any Patent, including those in which a Grantor is a licensor or licensee thereunder,
including any of the foregoing listed in Schedule 3.27(a) to the Credit Agreement (as such schedule may be amended or supplemented from time to time). 

“Patents” shall mean (i) all letters of patent of the United States, any other country, union of
countries or any political subdivision of any of the foregoing, all reissues and extensions thereof, including any of the foregoing listed in Schedule 3.27(a) to the Credit Agreement (as such schedule may be amended or supplemented from time to
time), (ii) all applications for letters of patent of the United States or any other country or union of countries or any political subdivision of any of the foregoing and all divisions, continuations and continuations-in-part thereof,
including any of the foregoing listed in Schedule 3.27(a) to the Credit Agreement (as such schedule may be amended or supplemented from time to time), (iii) all rights to, and to obtain, any reissues or extensions of the foregoing,
(iv) all Proceeds of the foregoing, including license fees, royalties, income, payments, claims, damages and proceeds of suit now or hereafter due and/or payable with respect thereto, (v) the right to sue or otherwise recover for any past,
present and future infringement or other violation thereof, and (vi) all other rights accruing thereunder or pertaining thereto throughout the world. 

“Payment in Full of the Obligations” shall mean the unconditional, final and irrevocable payment in
full, in immediately available funds, of all of the Borrower Obligations or the Guarantor Obligations, as the case may be, in each case, unless otherwise specified, other than (i) Obligations in respect of any Specified Hedge Agreement or any
outstanding Letters of Credit (as defined in the Credit Agreement), (ii) indemnification and other contingent obligations not then due and payable, and (iii) cash collateralization of any outstanding Letters of Credit (as defined in the
Credit Agreement), in each case, in amounts and pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent and the Issuing Bank and the termination or expiration of all commitments to extend credit under the
Credit Agreement. The expressions “payment in full,” “paid in full” and any other similar terms or phrases when used herein or in any other document with respect to the Borrower Obligations or the Guarantor Obligations shall have
the correlative meanings. 
 “Pledged Alternative Equity Interests” shall mean all
interests of any Grantor in participation or other interests in any equity or profits of any business entity and the certificates, if any, representing such interests and all dividends, distributions, cash, warrants, rights, options, instruments,
securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such interests and any other warrant, right or option to acquire any of the foregoing;
provided, however, that Pledged Alternative Equity Interests shall not include any Pledged Stock, Pledged Partnership Interests, Pledged LLC Interests or Pledged Trust
Interests. 
 “Pledged Debt Securities” shall mean all debt securities now owned or hereafter acquired
by any Grantor, including the debt securities listed on Schedule 4.08(b) (as such schedule may be amended or supplemented from time to time), together with any other certificates, options, rights or security entitlements of any nature
whatsoever in respect of the debt securities of any Person that may be issued or granted to, or held by, any Grantor while this Agreement is in effect. 

  
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 “Pledged Equity Interests” shall mean all Pledged Stock,
Pledged LLC Interests, Pledged Partnership Interests, Pledged Trust Interests and Pledged Alternative Equity Interests. 

“Pledged LLC Interests” shall mean all interests of any Grantor now owned or hereafter acquired in any
limited liability company (other than Excluded Equity Interests), including all limited liability company interests listed on Schedule 4.08(a) hereto under the heading “Pledged LLC Interests” (as such schedule may be amended or
supplemented from time to time) and the certificates, if any, representing such limited liability company interests and any interest of such Grantor on the books and records of such limited liability company and all dividends, distributions, cash,
warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such limited liability company interests and any other
warrant, right or option to acquire any of the foregoing. 
 “Pledged Notes” shall mean
all promissory notes now owned or hereafter acquired by any Grantor, including those listed on Schedule 4.08(b) (as such schedule may be amended or supplemented from time to time). 

“Pledged Partnership Interests” shall mean all interests of any Grantor now owned or hereafter acquired
in any general partnership, limited partnership, limited liability partnership or other partnership (other than Excluded Equity Interests), including all partnership interests listed on Schedule 4.08(a) hereto under the heading “Pledged
Partnership Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such partnership interests and any interest of such Grantor on the books and records of such partnership and
all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such partnership
interests and any other warrant, right or option to acquire any of the foregoing. 
 “Pledged
Securities” shall mean the collective reference to the Pledged Debt Securities, the Pledged Notes and the Pledged Equity Interests. 

“Pledged Security Entitlements” shall mean all Security Entitlements with respect to the Financial
Assets listed on Schedule 4.08(c) (as such schedule may be amended from time to time) and all other Security Entitlements of any Grantor. 

“Pledged Stock” shall mean all shares of capital stock now owned or hereafter acquired by any Grantor (other than
Excluded Equity Interests), including all shares of capital stock listed on Schedule 4.08(a) hereto under the heading “Pledged Stock” (as such schedule may be amended or supplemented from time to time), and the certificates, if any,
representing such shares and any interest of such Grantor in the entries on the books of the issuer of such shares and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to
time received, receivable or otherwise distributed in respect of or in exchange for any or all of such shares and any other warrant, right or option to acquire any of the foregoing. 

  
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 “Pledged Trust Interests” shall mean all interests of any
Grantor now owned or hereafter acquired in a Delaware business trust or other trust (other than Excluded Equity Interests), including all trust interests listed on Schedule 4.08(a) hereto under the heading “Pledged Trust Interests”
(as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities
intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in
exchange for any or all of such trust interests and any other warrant, right or option to acquire any of the foregoing. 

“Proceeds” shall mean all “proceeds” as such term is defined in Section 9-102(a)(64) of
the New York UCC and, in any event, shall include all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto. 

“Qualified Counterparty” shall mean, (a) with respect to any Specified Hedge Agreement, any
counterparty thereto that, at the time such Specified Hedge Agreement was entered into, was a Lender, an Agent, an Arranger or an Affiliate of a Lender, an Agent or an Arranger and (b) with respect to any Cash Management Obligations, any
counterparty to whom such Cash Management Obligations are owed that, at the time such Cash Management Obligations were incurred, was a Lender, an Agent, an Arranger or an Affiliate of a Lender, an Agent or an Arranger. 

“Qualified ECP Guarantor” shall mean, in respect of any Swap Obligation, each Loan Party that has total
assets exceeding $10,000,000 at the time the relevant guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under
the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the
Commodity Exchange Act. 
 “Receivable” shall mean all Accounts and any other right to
payment for goods or other property sold, leased, licensed or otherwise disposed of or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper or classified as a Payment Intangible and whether or not it has
been earned by performance. References herein to Receivables shall include any Supporting Obligation or collateral securing such Receivable. 

“Secured Parties” shall mean, collectively, the Arrangers, the Administrative Agent, the Collateral
Agent, the Lenders and, with respect to any Specified Hedge Agreement, any Qualified Counterparty that has agreed to be bound by the provisions of Article VIII of the Credit Agreement as if it were a Lender party thereto;
provided that no Qualified Counterparty shall have any rights in connection with the management or release of any Collateral or the obligations of any Guarantor under this Agreement or any other Loan
Document. 

  
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 “Securities Act” shall mean the Securities Act of 1933, as amended.

 “Specified Hedge Agreement” shall mean any Hedging Agreement (a) entered into by (i) any
Grantor and (ii) any Qualified Counterparty and (b) which has been designated by such Qualified Counterparty and the Borrower, by notice to the Collateral Agent not later than 90 days after the execution and delivery thereof by
such Grantor and such Qualified Counterparty, as a Specified Hedge Agreement; provided that the designation of any Hedging Agreement as a Specified Hedge Agreement shall not create in favor of the Qualified
Counterparty party to such Hedging Agreement any rights in connection with the management or release of any Collateral or of the obligations of any Guarantor under this Agreement or any other Loan Document. 

“Swap Obligation” shall mean, with respect to any Guarantor, 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. 

“Trade Secret License” shall mean all agreements, licenses and covenants providing for the granting of
any right in or to any Trade Secret, or otherwise providing for a covenant not to sue for misappropriation or other violation of any Trade Secret, including those in which a Grantor is a licensor or licensee thereunder. 

“Trade Secrets” shall mean all trade secrets and all other confidential or proprietary information and
know-how as defined under the Uniform Trade Secret Act, and with respect to any and all of the foregoing: (i) the right to sue or otherwise recover for any past, present and future misappropriation or other violation thereof, (ii) all
Proceeds of the foregoing, including license fees, royalties, income, payments, claims, damages and proceeds of suit now or hereafter due and/or payable with respect thereto, and (iii) all other rights accruing thereunder or pertaining thereto
throughout the world. 
 “Trademark License” shall all agreements, licenses and
covenants providing for the granting of any right in or to any Trademark, or otherwise providing for a covenant not to sue for infringement, dilution or other violation of any Trademark. 

“Trademarks” shall mean (i) all trademarks, trade names, corporate names, company names, business names,
fictitious business names, trade dress, service marks, certification marks, collective marks, logos, designs and other source or business identifiers, all registrations and recordings thereof, and all applications in connection therewith (except for
any application that is pending and filed on an intent-to-use basis), whether in the United States Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other country, union of countries, or
any political subdivision of any of the foregoing, or otherwise, and all common-law rights related thereto, including any of the foregoing listed in Schedule 3.27(a) to the Credit Agreement (as such schedule may be amended or supplemented from
time to time), (ii) the right to, and to obtain, all renewals thereof, (iii) the goodwill of the business connected with the use of and symbolized by the foregoing, (iv) general intangibles of a like nature, (v) the right to sue
or otherwise recover for any past, present and future infringement, or dilution or other violation of any of the foregoing or for any injury to goodwill, and all Proceeds of the foregoing, including license fees, royalties, income, payments, claims,
damages and proceeds of suit now or hereafter due and/or payable with respect thereto, and (vi) all other rights accruing thereunder or pertaining thereto throughout the world. 

  
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 1.02 Other Definitional Provisions. (a) The words “hereof,”
“herein,” “hereto” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Section and Schedule
references are to the specific provisions of this Agreement unless otherwise specified. 
 (b) The meanings given to terms defined herein
shall be equally applicable to both the singular and plural forms of such terms. 
 (c) Where the context requires, terms relating to the
Collateral or any part thereof, when used in relation to a Grantor, shall refer to the property or assets such Grantor has granted as Collateral or the relevant part thereof. 

(d) The words “include,” “includes” and “including,” and words of similar import, shall not be limiting and shall
be deemed to be followed by the phrase “without limitation.” 
 (e) All references to the Lenders herein shall, where appropriate,
include any Lender, the Administrative Agent, the Collateral Agent, any Arranger or any Qualified Counterparty. 
 SECTION 2. GUARANTEE 

2.01 Guarantee. 
 (a) Each
of the Guarantors hereby, jointly and severally, unconditionally and irrevocably, guarantees, as primary obligor and not merely as surety, to the Collateral Agent, for the ratable benefit of the Secured Parties and their respective successors,
indorsees, transferees and assigns, the prompt and complete payment and performance by the Borrower when due (whether at the stated maturity, by acceleration or otherwise, including amounts that would become due but for the operation of the
automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)) of the Borrower Obligations. 
 (b) If and to the
extent required in order for the Obligations of any Guarantor to be enforceable under applicable federal, state and other laws relating to the insolvency of debtors, the maximum liability of such Guarantor hereunder shall be limited to the greatest
amount which can lawfully be guaranteed by such Guarantor under such laws, after giving effect to any rights of contribution, reimbursement and subrogation arising under Section 2.02. Each Guarantor acknowledges and agrees that, to the extent
not prohibited by applicable law, (i) such Guarantor (as opposed to its creditors, representatives of creditors or bankruptcy trustee, including such Guarantor in its capacity as debtor in possession exercising any powers of a bankruptcy
trustee) has no personal right under such laws to reduce, or request any judicial relief that has the effect of reducing, the amount of its liability under this Agreement, (ii) such Guarantor (as opposed to its creditors, representatives of
creditors or bankruptcy trustee, including such Guarantor in its capacity as debtor in possession exercising any powers of a bankruptcy trustee) has no personal right to enforce the limitation set forth in this Section 2.01(b)

  
 12 

 
or to reduce, or request judicial relief reducing, the amount of its liability under this Agreement, and (iii) the limitation set forth in this Section 2.01(b) may be enforced only to
the extent required under such laws in order for the obligations of such Guarantor under this Agreement to be enforceable under such laws and only by or for the benefit of a creditor, representative of creditors or bankruptcy trustee of such
Guarantor or other Person entitled, under such laws, to enforce the provisions thereof. 
 (c) Each Guarantor agrees that the Borrower
Obligations may at any time and from time to time be incurred or permitted in an amount exceeding the maximum liability of such Guarantor under Section 2.01(b) without impairing the guarantee contained in this Section 2 or affecting the
rights and remedies of any Secured Party hereunder. 
 (d) The guarantee contained in this Section 2 shall remain in full force and
effect until Payment in Full of the Obligations, notwithstanding that from time to time during the term of the Credit Agreement the Borrower may be free from any Borrower Obligations. 

(e) No payment made by the Borrower, any of the Guarantors, any other guarantor or any other Person or received or collected by any Secured
Party from the Borrower, any of the Guarantors, any other guarantor or any other Person by virtue of any action or proceeding or any set-off or appropriation or application at any time or from time to time in reduction of or in payment of the
Borrower Obligations shall be deemed to modify, reduce, release or otherwise affect the liability of any Guarantor hereunder which shall, notwithstanding any such payment (other than any payment made by such Guarantor in respect of the Borrower
Obligations or any payment received or collected from such Guarantor in respect of the Borrower Obligations), remain liable for the Borrower Obligations up to the maximum liability of such Guarantor hereunder until the Payment in Full of the
Obligations. 
 2.02 Rights of Reimbursement, Contribution and Subrogation. In case any payment is made on account of the Obligations
by any Grantor or is received or collected on account of the Obligations from any Grantor or its property: 
 (a) If such payment is made by
the Borrower or from its property, then, if and to the extent such payment is made on account of Obligations arising from or relating to a Loan or other extension of credit made to the Borrower or a Letter of Credit (as defined in the Credit
Agreement) issued for the account of the Borrower, the Borrower shall not be entitled (i) to demand or enforce reimbursement or contribution in respect of such payment from any other Grantor or (ii) to be subrogated to any claim, interest,
right or remedy of any Secured Party against any other Person, including any other Grantor or its property. 
 (b) If such payment is made by
a Guarantor or from its property, such Guarantor shall be entitled, subject to and upon the Payment in Full of the Obligations, (i) to demand and enforce reimbursement for the full amount of such payment from the Borrower and (ii) to
demand and enforce contribution in respect of such payment from each other Guarantor that has not paid its proportionate share of such payment, as necessary to ensure that (after giving effect to any enforcement of reimbursement rights provided
hereby) each Guarantor pays its proportionate share of the unreimbursed portion of such payment. For this purpose, the proportionate share of each Guarantor as to any unreimbursed payment shall be determined based on an equitable apportionment of
such unreimbursed payment among all Guarantors based on the relative value of their assets and any other equitable considerations deemed appropriate by a court of competent jurisdiction. 

  
 13 

 (c) If and whenever (after the Payment in Full of the Obligations) any right of reimbursement or
contribution becomes enforceable by any Grantor against any other Grantor under Sections 2.02(a) and 2.02(b), such Grantor shall be entitled, subject to and upon the Payment in Full of the Obligations, to be subrogated (equally and ratably
with all other Grantors entitled to reimbursement or contribution from any other Grantor as set forth in this Section 2.02) to any security interest that may then be held by the Collateral Agent upon any Collateral granted to it in this
Agreement. Such right of subrogation shall be enforceable solely against the Grantors, and not against the Secured Parties, and neither the Collateral Agent nor any other Secured Party shall have any duty whatsoever to warrant, ensure or protect any
such right of subrogation or to obtain, perfect, maintain, hold, enforce or retain any Collateral for any purpose related to any such right of subrogation. If subrogation is demanded by any Grantor, then (after the Payment in Full of the
Obligations) the Collateral Agent shall deliver to the Grantors making such demand, or to a representative of such Grantors or of the Grantors generally, an instrument reasonably satisfactory to the Collateral Agent transferring, on a quitclaim
basis without any recourse, representation, warranty or obligation whatsoever, whatever security interest the Collateral Agent then may hold in whatever Collateral may then exist that was not previously released or disposed of by the Collateral
Agent. 
 (d) All rights and claims arising under this Section 2.02 or based upon or relating to any other right of reimbursement,
indemnification, contribution or subrogation that may at any time arise or exist in favor of any Grantor as to any payment on account of the Obligations made by it or received or collected from its property shall be fully subordinated in all
respects to the prior Payment in Full of the Obligations. Until the Payment in Full of the Obligations, no Grantor shall demand or receive any collateral security, payment or distribution whatsoever (whether in cash, property or securities or
otherwise) on account of any such right or claim. If any such payment or distribution is made or becomes available to any Grantor in any bankruptcy case or receivership, insolvency or liquidation proceeding, such payment or distribution shall be
delivered by the Person making such payment or distribution directly to the Collateral Agent, for application to the payment of the Obligations. If any such payment or distribution is received by any Grantor, it shall be held by such Grantor in
trust, as trustee of an express trust for the benefit of the Secured Parties, and shall forthwith be transferred and delivered by such Grantor to the Collateral Agent, in the exact form received and, if necessary, duly endorsed. 

(e) The obligations of the Grantors under the Loan Documents, including their liability for the Obligations and the enforceability of the
security interests granted thereby, are not contingent upon the validity, legality, enforceability, collectibility or sufficiency of any right of reimbursement, contribution or subrogation arising under this Section 2.02. The invalidity,
insufficiency, unenforceability or uncollectibility of any such right shall not in any respect diminish, affect or impair any such obligation or any other claim, interest, right or remedy at any time held by any Secured Party against any Guarantor
or its property. The Secured Parties make no representations or warranties in respect of any such right and shall have no duty to assure, protect, enforce or ensure any such right or otherwise relating to any such right. 

  
 14 

 (f) Each Grantor reserves any and all other rights of reimbursement, contribution or subrogation
at any time available to it as against any other Grantor, but (i) the exercise and enforcement of such rights shall be subject to Section 2.02(d) and (ii) neither the Collateral Agent nor any other Secured Party shall ever have any
duty or liability whatsoever in respect of any such right, except as provided in Section 2.02(c). 
 2.03 Amendments, etc. with
Respect to the Borrower Obligations. Each Guarantor shall remain obligated hereunder notwithstanding that, without any reservation of rights against any Guarantor and without notice to or further assent by any Guarantor, any demand for payment
of any of the Borrower Obligations made by any Secured Party may be rescinded by such Secured Party and any of the Borrower Obligations continued, and the Borrower Obligations, or the liability of any other Person upon or for any part thereof, or
any collateral security or guarantee therefor or right of offset with respect thereto, may, from time to time, in whole or in part, be renewed, increased, extended, amended, modified, accelerated, compromised, waived, surrendered or released by any
Secured Party, in each case, subject to the applicable requirements of the Credit Agreement and the other Loan Documents and the Credit Agreement and the other Loan Documents and any other documents executed and delivered in connection therewith may
be amended, modified, supplemented or terminated, in whole or in part, as the parties thereto may deem reasonably necessary from time to time, and any collateral security, guarantee or right of offset at any time held by any Secured Party for the
payment of the Borrower Obligations may be sold, exchanged, waived, surrendered or released. No Secured Party shall have any obligation to protect, secure, perfect or insure any Lien at any time held by it as security for the Borrower Obligations or
for the guarantee contained in this Section 2 or any property subject thereto. 
 2.04 Guarantee Absolute and Unconditional.
Each Guarantor waives any and all notice of the creation, renewal, extension or accrual of any of the Borrower Obligations and notice of or proof of reliance by any Secured Party upon the guarantee contained in this Section 2 or acceptance of
the guarantee contained in this Section 2; the Borrower Obligations, and any of them, shall conclusively be deemed to have been created, contracted or incurred, or renewed, extended, amended or waived, in reliance upon the guarantee contained
in this Section 2; and all dealings between the Borrower and any of the Guarantors, on the one hand, and the Secured Parties, on the other hand, likewise shall be conclusively presumed to have been had or consummated in reliance upon the
guarantee contained in this Section 2. To the extent permitted by applicable law, each Guarantor waives diligence, presentment, protest, demand for payment and notice of default or nonpayment to or upon the Borrower or any of the Guarantors
with respect to the Borrower Obligations. Each Guarantor understands and agrees that the guarantee contained in this Section 2 may be construed as a continuing, absolute and unconditional guarantee of payment (not merely of collection) and
performance without regard to (a) the validity or enforceability of the Credit Agreement or any other Loan Document, any of the Borrower Obligations or any other collateral security therefor or guarantee or right of offset with respect thereto
at any time or from time to time held by any Secured Party, (b) any defense, set-off or counterclaim (other than a defense of payment or performance hereunder) which may at any time be available to or be asserted by the Borrower or any other
Person against any 

  
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Secured Party, or (c) to the extent permitted by applicable law, any other circumstance whatsoever (with or without notice to or knowledge of the Borrower or such Guarantor) which
constitutes, or might be construed to constitute, an equitable or legal discharge of the Borrower for the Borrower Obligations, of such Guarantor under the guarantee contained in this Section 2 or of the obligations of any other guarantor or
surety, in each case in bankruptcy or in any other instance. When making any demand hereunder or otherwise pursuing its rights and remedies hereunder against any Guarantor, any Secured Party may, but shall be under no obligation to, make a similar
demand on or otherwise pursue such rights and remedies as it may have against the Borrower, any other Guarantor or any other Person or against any collateral security or guarantee for the Borrower Obligations or any right of offset with respect
thereto, and any failure by any Secured Party to make any such demand, to pursue such other rights or remedies or to collect any payments from the Borrower, any other Guarantor or any other Person or to realize upon any such collateral security or
guarantee or to exercise any such right of offset, or any release of the Borrower, any other Guarantor or any other Person or any such collateral security, guarantee or right of offset, shall not relieve any Guarantor of any obligation or liability
hereunder, and shall not impair or affect the rights and remedies, whether express, implied or available as a matter of law, of any Secured Party against any Guarantor. For the purposes hereof “demand” shall include the commencement and
continuance of any legal proceedings. 
 2.05 Reinstatement. The guarantee contained in this Section 2 shall continue to be
effective, or be reinstated, as the case may be, if at any time payment, or any part thereof, of any of the Borrower Obligations is rescinded or must otherwise be restored or returned by any Secured Party upon the insolvency, bankruptcy,
dissolution, liquidation or reorganization of the Borrower or any Guarantor, or upon or as a result of the appointment of a receiver, intervenor or conservator of, or trustee or similar officer for, the Borrower or any Guarantor or any substantial
part of its property, or otherwise, all as though such payments had not been made. 
 2.06 Payments. Guarantors hereby jointly and
severally agree that upon failure of the Borrower to pay any of the Borrower Obligations when and as the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (in each case, subject
to the applicable grace periods set forth in the Credit Agreement and the other Loan Documents) (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. §
362(a)), payments hereunder will be paid to the Collateral Agent promptly upon demand by the Administrative Agent without set-off or counterclaim in Dollars in immediately available funds at the office of the Collateral Agent as specified in the
Credit Agreement. 
 2.07 Keepwell. Each Qualified ECP Guarantor hereby jointly and severally absolutely, unconditionally and
irrevocably undertakes to provide such funds or other support as may be needed from time to time by each other Loan Party to honor all of its obligations under the guarantee contained in this Section 2 in respect of Swap Obligations; provided,
however, that each Qualified ECP Guarantor shall only be liable under this Section 2.07 for the maximum amount of such liability that can be hereby incurred without rendering its obligations under this Section 2.07, or otherwise under the
guarantee contained in this Section 2, as it relates to such other Loan Party, voidable under applicable law relating to fraudulent conveyance or fraudulent transfer, and not for any greater amount. The obligations of each Qualified ECP
Guarantor under this Section 2.07 shall remain in full force and effect until the Payment in Full of the Obligations. Each Qualified ECP Guarantor intends that this Section 2.07 constitute, and this Section 2.07 shall be deemed to
constitute, a “keepwell, support, or other agreement” for the benefit of each other Loan Party for all purposes of Section 1a(18)(A)(v)(II) of the Commodity Exchange Act. 

  
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 SECTION 3. GRANT OF SECURITY INTEREST; CONTINUING LIABILITY UNDER COLLATERAL 

3.01 Grant of Security Interest. Each Grantor hereby pledges, assigns, transfers and grants to the Collateral Agent, for the ratable
benefit of the Secured Parties, a security interest in all of the personal property of such Grantor, including the following property, in each case, wherever located and now owned or at any time hereafter acquired by such Grantor or in which such
Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Collateral”), as collateral security for the prompt and complete payment and performance when due (whether at the
stated maturity, by acceleration or otherwise) of such Grantor’s Obligations: 
 (a) all Accounts; 

(b) all Chattel Paper; 
 (c) all
Collateral Accounts and all Collateral Account Funds; 
 (d) all Commercial Tort Claims from time to time specifically described on
Schedule 4.11; 
 (e) all Contracts; 

(f) all Deposit Accounts; 
 (g)
all Documents; 
 (h) all Equipment; 

(i) all Fixtures; 
 (j) all
General Intangibles; 
 (k) all Goods; 

(l) all Instruments; 
 (m) all
Insurance; 
 (n) all Intellectual Property; 

(o) all Inventory; 
 (p) all
Investment Property; 

  
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 (q) all Letters of Credit and Letter of Credit Rights; 

(r) all Money; 
 (s) all
Receivables and Receivables Records; 
 (t) all Securities Accounts; 

(u) all books, records, ledger cards, files, correspondence, customer lists, supplier lists, blueprints, technical specifications, manuals,
computer software and related documentation, computer printouts, tapes, disks and other electronic storage media and related data processing software and similar items that at any time pertain to or evidence or contain information relating to any of
the Collateral or are otherwise reasonably necessary in the collection thereof or realization thereupon; and 
 (v) to the extent not
otherwise included, all other property, whether tangible or intangible, of the Grantor and all Proceeds, products, accessions, rents and profits of any and all of the foregoing and all Collateral Support, Supporting Obligations and guarantees given
by any Person with respect to any of the foregoing; 
 provided that, notwithstanding any other provision set forth in this
Section 3.01, this Agreement shall not, at any time, constitute a grant of a security interest in any property that is, at such time, (i) an Excluded Asset or (ii) an “intent-to-use” application to register a Trademark in
the U.S. Patent and Trademark Office pursuant to Section 1(b) of the Lanham Act, 15 U.S.C. § 1051, 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 federal law; provided that at such a time a Statement of Use or Amendment to Allege Use is filed therein such
Trademark application shall be considered automatically included in the Collateral. 
 3.02 Transfer of Pledged Securities.
All certificates and instruments representing or evidencing the Pledged Equity Interests shall be delivered to and held pursuant hereto by the Collateral Agent or a Person designated by the Collateral Agent and, in the case of an instrument or
certificate in registered form, shall be duly indorsed to the Collateral Agent or in blank by an effective indorsement (whether on the certificate or instrument or on a separate writing), and accompanied by any required transfer tax stamps to effect
the pledge of the Pledged Equity Interests to the Collateral Agent. Notwithstanding the preceding sentence, all Pledged Equity Interests must be delivered or transferred in such manner, and each Grantor shall take all such further action as may be
reasonably requested by the Collateral Agent, as to permit the Collateral Agent to be a “protected purchaser” to the extent of its security interest as provided in Section 8-303 of the New York UCC (if the Collateral Agent otherwise
qualifies as a protected purchaser). 

  
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 3.03 Control Requirements. 

(a) With respect to any Deposit Accounts, Securities Accounts and Security Entitlements included in the Collateral, each Grantor shall take all
steps required or reasonably necessary to ensure that the Collateral Agent has Control thereof; provided, however, that such Control requirement shall not apply to any (i) Deposit Accounts (x) with a value of less than
$1,000,000 individually or $2,000,000 in the aggregate or (y) used solely as a tax or payroll account, escrow account, trust account, flexible spending benefit account, and other similar accounts maintained for employee or employer liabilities
in favor of an employee (including, without limitation, 401k contributions, employee stock purchase plan deductions and employee benefits), in each case maintained in the ordinary course of business consistent with past practices and
(ii) Securities Accounts or Security Entitlements with a value of less than, or having funds or other assets credited thereto with a value of less than $1,000,000 individually or $2,000,000 in the aggregate. With respect to any Securities
Accounts or Securities Entitlements, such Control shall be accomplished by the applicable Grantor causing the Securities Intermediary maintaining such Securities Account or Security Entitlement to enter into an agreement substantially in the form of
Exhibit A (or such other agreement in form and substance reasonably satisfactory to the Collateral Agent) pursuant to which the Securities Intermediary shall agree, upon the occurrence and during the continuance of an Event of Default,
to comply with the Collateral Agent’s Entitlement Orders without further consent by such Grantor. With respect to any Deposit Account, each Grantor shall cause the depositary institution maintaining such account to enter into an agreement
substantially in the form of Exhibit B (or such other agreement in form and substance reasonably satisfactory to the Collateral Agent), pursuant to which the Bank shall agree, upon the occurrence and during the continuance of an Event of
Default, to comply with the Collateral Agent’s instructions with respect to disposition of funds in the Deposit Account without further consent by such Grantor. 

(b) With respect to any Uncertificated Security included in the Collateral (other than any Uncertificated Securities credited to a Securities
Account), each Grantor shall cause the Issuer of such Uncertificated Security to either (i) register the Collateral Agent as the registered owner thereof on the books and records of the Issuer or (ii) execute an agreement substantially in
the form of Exhibit F (or such other agreement in form and substance reasonably satisfactory to the Collateral Agent), pursuant to which such Issuer agrees, upon the occurrence and during the continuance of an Event of Default, to comply
with the Collateral Agent’s instructions with respect to such Uncertificated Security without further consent by such Grantor. 
 (c)
With respect to any Letter of Credit Rights included in the Collateral (other than any Letter of Credit Rights constituting a Supporting Obligation for a Receivable in which the Collateral Agent has a valid and perfected security interest), Grantor
shall take all steps required or reasonably necessary to ensure that Collateral Agent has Control thereof by obtaining the written consent of each issuer of each related letter of credit to the assignment of the proceeds of such letter of credit to
the Collateral Agent; provided, however, that such Control requirement shall not apply to any Letter of Credit Rights having a face amount of less than $1,000,000 individually or $2,000,000 in the aggregate. 

(d) With respect to any Electronic Chattel Paper or “transferable record” (as that term is defined in Section 201 of the Federal
Electronic Signatures in Global and National Commerce Act or in Section 16 of the Uniform Electronic Transactions Act as in effect in any relevant jurisdiction) included in the Collateral, Grantor shall ensure that the Collateral Agent has
Control thereof; provided, however, that such Control requirement shall not apply to any Electronic Chattel Paper or transferable record having a face amount of less than $1,000,000 individually or $2,000,000 in the aggregate. 

  
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 3.04 Intellectual Property Recording Requirements. In the case of any Collateral (whether
now owned or hereafter acquired) consisting of issued U.S. Patents and applications therefor, registered U.S. Trademarks and non-intent-to-use-based applications therefor and registered U.S. Copyrights and exclusive Copyright Licenses
in respect of registered U.S. Copyrights for which any Grantor is the licensee, in each case, other than Immaterial Intellectual Property, each Grantor shall execute and deliver to the Collateral Agent an Intellectual Property Security
Agreement substantially in the form of Exhibit C, Exhibit D or Exhibit E (or a supplement thereto), as applicable, covering all such Patents, Trademarks, and Copyrights and Copyright Licenses in appropriate form
for recordation with the U.S. Patent and Trademark Office and the U.S. Copyright Office with respect to the security interest of the Collateral Agent. 

3.05 Timing and Notice. With respect to any Collateral in existence on the Closing Date, each Grantor shall comply with the
requirements of Sections 3.02, 3.03 and 3.04 on the date hereof and, with respect to any Collateral hereafter owned or acquired, such Grantor shall (a), in the case of Sections 3.03 and 3.04 and while an Event of Default shall
not have occurred and be continuing, comply with such requirements of Section 5.13 of the Credit Agreement and (b), in the case of Section 3.02, at all times and, in the case of Sections 3.03 and 3.04, while an Event of Default
shall have occurred and be continuing, comply with such requirements promptly upon such Grantor acquiring rights therein. Each Grantor shall, within 30 days of receipt thereof, inform the Collateral Agent of its acquisition of any
Collateral for which any action is required by Section 3.02 or 3.03. Notwithstanding the foregoing, with respect to each of the Deposit Accounts set forth on Schedule 4.08(c) or any other Deposit Account satisfying the requirements of
Section 3.03(a), the applicable Grantor shall have ninety (90) days from the Closing Date or the date the applicable Grantor has established or acquired such Deposit Account (as such period may be extended in the reasonable discretion of
the Collateral Agent) to duly execute and deliver a fully executed account control agreement (in form reasonably satisfactory to the Collateral Agent) with respect to each such Deposit Account. 

SECTION 4. REPRESENTATIONS AND WARRANTIES 
 To
induce the Administrative Agent, the Collateral Agent and the Lenders to enter into the Credit Agreement and to induce the Lenders to make their respective extensions of credit to the Borrower thereunder and to induce the Qualified Counterparties to
enter into Specified Hedge Agreements, each Grantor hereby represents and warrants to the Secured Parties that: 
 4.01 Representations
in Credit Agreement. In the case of each Guarantor, the representations and warranties set forth in Article III of the Credit Agreement as they relate to such Guarantor or to the Loan Documents to which such Guarantor is a party, each of
which is hereby incorporated herein by reference, are true and correct in all material respects with the same effect as though made on and as of each such date, except to the extent such representations and warranties expressly relate to an earlier
date and except that such materiality qualifier shall not be applicable to any representation and warranty that is already qualified by materiality, and the Secured Parties shall be entitled to rely on each of them as if they were fully set forth
herein, provided that each reference in each such representation and warranty to the Borrower’s knowledge shall, for the purposes of this Section 4.01, be deemed to be a reference to such Guarantor’s knowledge. 

  
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 4.02 Benefit to Each Grantor. The Borrower is a member of an affiliated group of companies
that includes each other Grantor, and the Borrower and each other Grantor is engaged in related businesses. The guaranty and surety obligations of each Grantor pursuant to this Agreement reasonably may be expected to benefit, directly or indirectly,
it; and it has determined that this Agreement is necessary and convenient to the conduct, promotion and attainment of the business of such Grantor and the Borrower. 

4.03 Title; No Other Liens. Such Grantor owns each item of the Collateral purported to be owned by such Grantor free and clear of any
and all Liens or claims (other than minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such items of the Collateral for their intended purpose), including Liens arising as a
result of such Grantor becoming bound (as a result of merger or otherwise) as grantor under a security agreement entered into by another Person, except for, with respect to Collateral other than any Pledged Equity Interests, other Permitted Liens.
No financing statement or mortgage with respect to all or any part of the Collateral is on file or of record in any public office in which financing statements or mortgages are filed, except such as have been filed in favor of the Collateral Agent,
for the ratable benefit of the Secured Parties, pursuant to this Agreement or as are expressly permitted by the Credit Agreement. 
 4.04
Perfected First Priority Liens. The security interests granted pursuant to this Agreement (i) upon completion of the filings and other actions specified on Schedule 4.04 (as such schedule may be amended or supplemented from time to
time, including with respect to after-acquired property consistent with Section 5.12 of the Credit Agreement) (all of which, in the case of all filings and other documents referred to on said Schedule, have been delivered to the Collateral
Agent in duly completed and duly executed form, as applicable, and may be filed by the Collateral Agent at any time on or after the date hereof) and payment of all filing fees, will constitute valid fully perfected security interests in all of the
Collateral in favor of the Collateral Agent, for the ratable benefit of the Secured Parties, as collateral security for such Grantor’s Obligations, enforceable in accordance with the terms hereof, except for the taking of any actions required
in connection with after-acquired Intellectual Property and as may be required under the laws of any jurisdiction outside of the United States in order to perfect the Collateral Agent’s Lien in the Collateral created under the laws of such
jurisdiction and (ii) are prior to all other Liens on the Collateral except for, with respect to Collateral other than any Pledged Equity Interests, other Permitted Liens. 

4.05 Name; Jurisdiction of Organization, etc. Such Grantor’s exact legal name (as indicated on the public record of such
Grantor’s jurisdiction of formation or organization), jurisdiction of organization, organizational identification number, if any, and the location of such Grantor’s chief executive office or, if different, its principal place of business
are specified on Schedule 4.05 (as such schedule may be amended or supplemented from time to time). Each Grantor is organized solely under the law of the jurisdiction so specified and has not filed any certificates of domestication, transfer or
continuance in any other jurisdiction except, in each case, pursuant to Section 5.05. 

  
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 4.06 Inventory, Goods and Equipment. (a) On the date hereof, all Inventory, Goods and
Equipment having a value in excess of $1,000,000 individually or $2,000,000 in the aggregate that are included in the Collateral are kept at the locations set forth on Schedule 4.06(a). 

(b) Except as set forth on Schedule 4.06(b) hereto (as such schedule may be amended or supplemented from time to time), none of the
Inventory, Goods or Equipment that is included in the Collateral is in the possession of an issuer of a negotiable document (as defined in Section 7-104 of the New York UCC) therefor or is otherwise in the possession of any bailee or
warehouseman other than Inventory, Goods or Equipment with a value of less than $1,000,000. 
 4.07 Special Collateral. None of the
Collateral constitutes, or is the Proceeds of, (1) Farm Products, (2) As-Extracted Collateral, (3) Manufactured Homes, (4) timber to be cut, or (5) aircraft, aircraft engines, satellites, ships or railroad rolling stock.

 4.08 Investment Property. (a) Schedule 4.08(a) hereto (as such schedule may be amended or supplemented from time to
time) sets forth under the headings “Pledged Stock,” “Pledged LLC Interests,” “Pledged Partnership Interests” and “Pledged Trust Interests,” respectively, all of the Pledged Stock, Pledged LLC Interests,
Pledged Partnership Interests and Pledged Trust Interests owned by any Grantor in its Subsidiaries and such Pledged Equity Interests constitute the percentage of issued and outstanding shares of stock, percentage of membership interests, percentage
of partnership interests or percentage of beneficial interest of the respective issuers thereof indicated on such schedule. Schedule 4.08(b) (as such schedule may be amended or supplemented from time to time) sets forth under the heading
“Pledged Debt Securities” or “Pledged Notes” all of the Pledged Debt Securities in excess of $1,000,000 and Pledged Notes in excess of $1,000,000 owned by any Grantor and all of such Pledged Debt Securities and Pledged Notes have
(or solely with respect to issuers that are not Grantors or Subsidiaries of such Grantors, to such Grantor’s knowledge) been duly authorized, authenticated or issued, and delivered and is the legal, valid and binding obligation of the issuers
thereof enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principals of equity, regardless of whether
considered in a proceeding in equity or at law, and is not in default and constitutes all of the issued and outstanding intercompany indebtedness evidenced by an instrument or certificated security of the respective issuers thereof owing to such
Grantor. Schedule 4.08(c) hereto (as such schedule may be amended from time to time) sets forth under the headings “Securities Accounts” and “Deposit Accounts,” respectively, all of the Securities Accounts with a balance in
excess of $1,000,000 individually or $2,000,000 in the aggregate and Deposit Accounts with a balance in excess of $1,000,000 individually or $2,000,000 in the aggregate in which each Grantor has an interest. Each Grantor is the sole entitlement
holder or customer of each such account, and no Grantor has consented to or is otherwise aware of any Person other than the Collateral Agent having Control over any such Securities Account or Deposit Account or any Collateral held or deposited
therein, in each case in which such Grantor has an interest. 
 (b) The shares of Pledged Equity Interests pledged by such Grantor hereunder
constitute all of the issued and outstanding shares of all classes of Equity Interests in each Issuer owned by such Grantor (other than Excluded Equity Interests). 

  
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 (c) All the shares of the Pledged Equity Interests have been duly and validly issued and are
fully paid and nonassessable (to the extent such concepts are applicable to Grantors that are corporations). 
 (d) The terms of any
uncertificated Pledged LLC Interests and Pledged Partnership Interests do not provide that they are securities governed by Article 8 of the Uniform Commercial Code in effect from time to time in the “issuer’s jurisdiction”
of each Issuer thereof (as such term is defined in the Uniform Commercial Code in effect in such jurisdiction). There shall be no certificated Pledged LLC Interests or Pledged Partnership Interests which provide that they are securities
governed by Article 8 of the Uniform Commercial Code in effect from time to time in the “issuer’s jurisdiction” of each Issuer thereof, unless all certificates relating thereto have been delivered to the Collateral Agent
pursuant to the terms hereof. 
 (e) Such Grantor is the record and beneficial owner of, and has good and defeasible title to, the Investment
Property and Deposit Accounts pledged by it hereunder, free of any and all Liens in favor of, or claims of, any other Person, except for, with respect to Investment Property and Deposit Accounts that are not Pledged Equity Interests, Permitted
Liens, and there are no outstanding warrants, options or other rights to purchase, or shareholder, voting trust or similar agreements outstanding with respect to, or property that is convertible into, or that requires the issuance or sale of, any
Pledged Equity Interests. 
 4.09 Receivables. Each Receivable in excess of $5,000 individually that is included in the Collateral
(i) to such Grantor’s knowledge, is the legal, valid and binding obligation of the Account Debtor in respect thereof, representing an unsatisfied obligation of such Account Debtor, (ii) to such Grantor’s knowledge, is enforceable
in accordance with its terms, subject to the 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, (iii) is not subject to any setoffs, defenses, taxes, counterclaims (except for setoffs in accordance with the Credit Agreement, Permitted Liens and setoffs, defenses, taxes and counter-claim arising in the
ordinary course of business) and (iv) is and will be in compliance in all material respects with all applicable material laws and regulations. 

4.10 Letters of Credit and Letter of Credit Rights. No Grantor is a beneficiary or assignee under any Letter of Credit other than the
Letters of Credit described on Schedule 4.10 (as such schedule may be amended or supplemented from time to time). 
 4.11 Commercial
Tort Claims. No Grantor has any Commercial Tort Claims in excess of $1,000,000 individually or $2,000,000 in the aggregate, except as specifically described on Schedule 4.11 (as such schedule may be amended or supplemented from time to
time). 
 SECTION 5. COVENANTS 
 Each Grantor
covenants and agrees with the Secured Parties that, from and after the date of this Agreement until the Payment in Full of the Obligations: 

  
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 5.01 Covenants in Credit Agreement. Each Grantor shall take, or shall refrain from taking,
as the case may be, each action that is reasonably necessary to be taken or not taken, as the case may be, so that no Default or Event of Default is caused by the failure to take such action or to refrain from taking such action by such Grantor or
any of its Subsidiaries. 
 5.02 Delivery and Control of Instruments and Negotiable Documents. (a) If any of the Collateral is
or shall become evidenced or represented by any Instrument, Certificated Security, Negotiable Document or Tangible Chattel Paper, in each case, with a value in excess of $1,000,000 individually account, or $2,000,000 in the aggregate, then such
Instrument (other than checks or other Negotiated Documents received in the ordinary course of business), Certificated Security, Negotiable Documents or Tangible Chattel Paper shall be promptly (but in no event later than 5 Business Days
following receipt as may be extended by the Collateral Agent in its reasonable discretion) delivered to the Collateral Agent, duly endorsed in a manner reasonably satisfactory to the Collateral Agent, to be held as Collateral pursuant to this
Agreement, and all of such property owned by any Grantor as of the Closing Date shall be delivered on the Closing Date. Any Collateral consisting of an Instrument, Certificated Security, Negotiable Document or Tangible Chattel Paper not otherwise
required to be delivered to the Collateral Agent in accordance with this Section 5.02(a) shall be delivered to the Collateral Agent, at the request of the Collateral Agent, upon the occurrence and during the continuance of an Event of Default.

 (b) If any of the Collateral is or shall become evidenced or represented by any Pledged Note with a value in excess of $1,000,000, then
such Pledged Note shall be promptly (but in no event later than 5 Business Days following receipt as may be extended by the Collateral Agent in its reasonable discretion) delivered to the Collateral Agent, duly endorsed in a manner reasonably
satisfactory to the Collateral Agent, to be held as Collateral pursuant to this Agreement, and all of such property owned by any Grantor as of the Closing Date shall be delivered on the Closing Date. Any Collateral consisting of Pledged Notes not
otherwise required to be delivered to the Collateral Agent in accordance with this Section 5.02(b) shall be delivered to the Collateral Agent, at the request of the Collateral Agent, upon the occurrence and during the continuance of an Event of
Default. 
 5.03 Maintenance of Insurance. 

(a) Such Grantor will comply with the covenants relating to insurance set forth in Section 5.02 of the Credit Agreement. 

(b) Upon the reasonable written request of the Collateral Agent, the Borrower shall deliver to the Secured Parties a report of a reputable
insurance broker with respect to such insurance and such supplemental reports with respect thereto as the Collateral Agent may from time to time reasonably request; provided that, prior to the occurrence of an Event of Default (and
after any such Event of Default has been waived or cured), the Collateral Agent shall only be entitled to request one such report per fiscal year. 

  
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 5.04 Maintenance of Perfected Security Interest; Further Documentation. 

(a) Such Grantor shall maintain each of the security interests created by this Agreement as a perfected security interest having at least the
priority described in Section 4.04 and shall take all steps required or reasonably necessary to defend such security interest against the claims and demands of all Persons whomsoever, subject to the provisions of Section 8.14. 

(b) Such Grantor shall furnish to the Secured Parties from time to time statements and schedules further identifying and describing the
Collateral and such other reports in connection with the assets and property of such Grantor as the Collateral Agent may reasonably request in writing, all in reasonable detail. In addition, at any time and from time to time at the request of the
Collateral Agent upon the occurrence and during the continuance of an Event of Default, such Grantor shall furnish to the Collateral Agent such amendments and supplements to the Schedules hereto as are necessary to accurately reflect at such time
the information required thereby. 
 (c) At any time and from time to time, upon the written request of the Collateral Agent, and at the sole
expense of such Grantor, such Grantor shall promptly and duly authorize, execute and deliver, and have recorded, such further instruments and documents and take such further actions as the Collateral Agent may reasonably request for the purpose of
obtaining or preserving the full benefits of this Agreement and of the rights and powers herein granted, including (i) the filing of any financing or continuation statements under the Uniform Commercial Code (or other similar laws) in
effect in any jurisdiction with respect to the security interests created hereby, (ii) in the case of Intellectual Property, taking any acts as reasonably necessary to ensure recordation of appropriate evidence of the liens and security
interest granted hereunder in any Intellectual Property with any Intellectual Property registry in which such Intellectual Property is registered or issued or in which an application for registration or issuance is pending, including the United
States Patent and Trademark Office, the United States Copyright Office, the various Secretaries of State, and the foreign counterparts of any of the foregoing, and (iii) in the case of Investment Property, Securities Accounts, Deposit Accounts
and any other relevant Collateral, taking any actions necessary to enable the Collateral Agent to obtain Control with respect thereto, including without limitation, executing and delivering and causing the relevant depositary bank or securities
intermediary to execute and deliver a Control Agreement in the form attached hereto as Exhibit B or such other form reasonably acceptable to the Collateral Agent. 

5.05 Changes in Locations, Name, Jurisdiction of Incorporation, etc. Except upon 30 days’ written notice after such
change (or such longer date as the Collateral Agent may agree in its reasonable discretion), in each case, to the Collateral Agent and delivery to the Collateral Agent of duly authorized additional financing statements and, where required, executed
copies of all other documents reasonably requested by the Collateral Agent to maintain the validity, perfection and priority of the security interests provided for herein, such Grantor shall not change: 

(a) its legal name or jurisdiction of organization from that referred to in Section 4.06; 

  
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 (b) its identity (including federal taxpayer identification number) or corporate structure; 

(c) the location of its chief executive office or, if different, its principal place of business, or any office in which it maintains material
books or records relating to the Collateral; 
 (d) the identity of any warehouseman, common carrier, other third-party transporter, bailee
or any agent or processor in possession or control of any Collateral in excess of $1,000,000 individually or $2,000,000 in the aggregate; or 

(e) the location of any tangible Collateral in excess of $1,000,000 individually or $2,000,000 in the aggregate to a location not previously
identified to the Collateral Agent as a location where the Grantor maintains its assets constituting Collateral. 
 5.06 Notices.
Such Grantor shall advise the Collateral Agent promptly, in reasonable detail, of any Lien (other than any Permitted Lien) on any of the Collateral (other than any Pledged Equity Interests) and any Lien on any Pledged Equity Interests that would
materially and adversely affect the ability of the Collateral Agent to exercise any of its remedies hereunder. 
 5.07 Investment
Property. 
 (a) If such Grantor shall become entitled to receive or shall receive any stock or other ownership certificate (including
any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), option or rights in respect of the Equity
Interests in any Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of or other ownership interests in the Pledged Securities, or otherwise in respect thereof, such Grantor shall accept the same as
the agent of the Secured Parties, hold the same in trust for the Secured Parties and deliver the same promptly (but in no event later than 5 Business Days following receipt as may be extended by the Collateral Agent in its reasonable
discretion) to the Collateral Agent in the exact form received, duly endorsed by such Grantor to the Collateral Agent, if required, together with an undated stock power or similar instrument of transfer covering such certificate duly executed in
blank by such Grantor to be held by the Collateral Agent, subject to the terms hereof and of the Credit Agreement, as additional Collateral for the Obligations, except to the extent that any of the foregoing actions could result in any Excluded
Equity Interests being pledged hereunder. Upon the occurrence and during the continuance of an Event of Default, any sums paid upon or in respect of the Pledged Securities upon the liquidation or dissolution of any Issuer shall be paid over to the
Collateral Agent to be held by it hereunder as additional Collateral for the Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged Securities or any property shall be distributed upon or with respect to
the Pledged Securities pursuant to the recapitalization or reclassification of the capital of any Issuer or pursuant to the reorganization thereof, the property so distributed shall, unless otherwise subject to a perfected security interest in favor
of the Collateral Agent, be delivered to the Collateral Agent to be held by it hereunder as additional Collateral for the Obligations. Upon the occurrence and during the continuance of an Event of 

  
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Default, if any sums of money or property so paid or distributed in respect of the Pledged Securities shall be received by such Grantor, such Grantor shall until such money or property is paid or
delivered to the Collateral Agent, hold such money or property in trust for the Secured Parties, segregated from other funds of such Grantor, as Collateral for the Obligations. 

(b) Without the prior written consent of the Collateral Agent, such Grantor shall not (i) vote to enable, or take any other action
to permit, any Issuer to issue any stock, partnership interests, limited liability company interests or other equity securities of any nature or to issue any other securities convertible into or granting the right to purchase or exchange for any
stock, partnership interests, limited liability company interests or other equity securities of any nature of any Issuer (except, in each case, pursuant to a transaction not prohibited by the Credit Agreement), (ii) sell, assign, transfer,
exchange, or otherwise dispose of, or grant any option with respect to, any of the Investment Property or Proceeds thereof or any interest therein (except, in each case, pursuant to a transaction not prohibited by the Credit Agreement),
(iii) create, incur or permit to exist any Lien or option in favor of, or any claim of any Person with respect to, any of the Investment Property or Proceeds thereof, or any interest therein, except for the security interests created by this
Agreement or, with respect to Investment Property or Proceeds other than Investment Property constituting any Pledged Equity Interests, any Permitted Lien, (iv) enter into any agreement or undertaking restricting the right or ability of such
Grantor or the Collateral Agent to sell, assign or transfer any of the Investment Property or Proceeds thereof or any interest therein or (v) without the prior written consent of the Collateral Agent (such consent not to be unreasonably
withheld or delayed), cause or permit any Issuer of any Pledged Partnership Interests or Pledged LLC Interests which are not securities (for purposes of the New York UCC) on the date hereof to elect or otherwise take any action to cause such Pledged
Partnership Interests or Pledged LLC Interests to be treated as securities for purposes of the New York UCC; provided, however, notwithstanding the foregoing, if any issuer of any Pledged Partnership Interests or Pledged LLC Interests
takes any such action in violation of the provisions in this clause (v), such Grantor shall promptly notify the Collateral Agent in writing of any such election or action and, in such event, shall take all steps reasonably necessary to
establish the Collateral Agent’s Control thereof; provided, further, that once Control is so established with respect to this clause (v), any default of this Section 5.07(b)(v) shall be deemed automatically cured as of
such date. 
 (c) In the case of each Grantor which is an Issuer, such Issuer agrees that (i) it shall be bound by the terms of
this Agreement relating to the Pledged Securities issued by it and shall comply with such terms insofar as such terms are applicable to it, (ii) it shall notify the Collateral Agent promptly in writing of the occurrence of any of the events
described in Section 5.07(a) with respect to the Pledged Securities issued by it and (iii) the terms of Sections 6.03(c) and 6.07 shall apply to it, mutatis mutandis, with respect to all actions that may be required
of it pursuant to Section 6.03(c) or 6.07 with respect to the Pledged Securities issued by it. In addition, each Grantor which is either an Issuer or an owner of any Pledged Security hereby consents to the grant by each other Grantor of
the security interest hereunder in favor of the Collateral Agent and to the transfer of any Pledged Security to the Collateral Agent or its nominee upon the occurrence and during the continuance of an Event of Default and to the substitution of the
Collateral Agent or its nominee as a partner, member or shareholder of the Issuer of the related Pledged Security with all rights and powers related thereto. 

  
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 5.08 Receivables. (a) Other than in the ordinary course of business consistent with
its past practice and current policies or where such Grantor may determine any of the following actions are commercially reasonable under the circumstances, such Grantor shall not (i) grant any extension of the time of payment of any Receivable
(including any Government Receivable), (ii) compromise or settle any Receivable for less than the total unpaid amount thereof (including any Government Receivable), (iii) release, wholly or partially, any Person liable for the payment of
any Receivable (including any Government Receivable), (iv) allow any credit or discount whatsoever on any Receivable (including any Government Receivable) or (v) amend, supplement or modify any Receivable (including any Government
Receivable) in any manner that could materially adversely affect the value thereof. 
 (b) Such Grantor shall deliver to the Collateral Agent
a copy of each written demand, notice or document received by it that challenges the validity or enforceability of more than 15% of the aggregate amount of the then outstanding Receivables that are included in the Collateral. 

(c) Each Grantor shall perform and comply in all material respects with all of its obligations with respect to the Receivables. 

5.09 Commercial Tort Claims. Such Grantor shall advise the Collateral Agent promptly after obtaining knowledge of the existence of any
Commercial Tort Claim held by such Grantor in excess of $1,000,000 individually, or $2,000,000 in the aggregate, and shall promptly execute a supplement to this Agreement in form and substance reasonably satisfactory to the Collateral Agent to grant
a security interest in such Commercial Tort Claim to the Collateral Agent for the ratable benefit of the Secured Parties. 
 5.10
Maintenance of Records. Such Grantor shall keep and maintain, at its own cost and expense, reasonably satisfactory records of the Collateral that are complete in all material respects, including, without limitation, a record of all material
payments received and all credits granted with respect to the Accounts. For the Collateral Agent’s and the other Secured Parties’ further security, the Collateral Agent, for the ratable benefit of the Secured Parties, shall have a security
interest in all of such Grantor’s books and records pertaining to the Collateral. 
 5.11 Maintenance of Equipment. Such Grantor
shall maintain each item of Equipment in good operating condition, ordinary wear and tear and immaterial impairments of value and damage by the elements excepted, and shall provide such maintenance, service and repairs necessary for such purpose;
provided that, for the avoidance of doubt, the policies of each Grantor in place on the Closing Date in respect of providing such service and repair shall be deemed reasonably necessary for purposes of this Section 5.11. 

5.12 Limitations on Dispositions of Collateral. Such Grantor shall not sell, transfer, lease or otherwise dispose of any Collateral, or
attempt, offer or contract to do so, except to the extent expressly permitted by and in accordance with the terms and conditions of the Credit Agreement. 

  
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 SECTION 6. REMEDIAL PROVISIONS 

6.01 Certain Matters Relating to Receivables. (a) If required by the Collateral Agent at any time upon the occurrence and during
the continuance of an Event of Default, any payments of Receivables, when collected by any Grantor, (i) shall be promptly (and, in any event, within five Business Days) deposited by such Grantor in substantially the form received, duly endorsed
by such Grantor to the Collateral Agent if required, in a collateral account maintained under the sole dominion and control of the Collateral Agent, subject to withdrawal by the Collateral Agent for the account of the Secured Parties only as
provided in Section 6.05, and (ii) until so turned over, shall be held by such Grantor in trust for the Secured Parties, segregated from other funds of such Grantor. Each such deposit of Proceeds of Receivables shall be accompanied by a
report identifying in reasonable detail the nature and source of the payments included in the deposit. 
 (b) Upon the occurrence and during
the continuance of an Event of Default, at the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent all original and other documents evidencing, and relating to, the agreements and transactions which gave rise
to the Receivables that are included in the Collateral, including all original orders, invoices and shipping receipts. 
 6.02
Communications with Obligors; Grantors Remain Liable. 
 (a) The Collateral Agent in its own name or in the name of others may at any
time upon the occurrence and during the continuance of an Event of Default communicate with obligors under the Receivables and parties to the Contracts to verify with them to the Collateral Agent’s satisfaction the existence, amount and terms
of any Receivables or Contracts. 
 (b) In addition, upon the occurrence and during the continuance of an Event of Default, the Collateral
Agent may upon written notice to the applicable Grantor, notify, or require any Grantor to notify, the Account Debtor or counterparty to make all payments under the Receivables and/or Contracts directly to the Collateral Agent. 

(c) Notwithstanding anything herein to the contrary, (i) each Grantor shall remain liable for all obligations under and in respect of the
Collateral and nothing contained herein is intended as or shall be a delegation of duties to the Collateral Agent or any other Secured Party, (ii) each Grantor shall remain liable under and each of the agreements included in the Collateral,
including any Receivables, any Contracts and any agreements relating to Pledged Partnership Interests or Pledged LLC Interests, to perform all of the obligations undertaken by it thereunder all in accordance with and pursuant to the terms and
provisions thereof and neither the Collateral Agent nor any other Secured Party shall have any obligation or liability under any of such agreements by reason of or arising out of this Agreement or any other document related hereto nor shall the
Collateral Agent nor any other Secured Party have any obligation to make any inquiry as to the nature or sufficiency of any payment received by it or have any obligation to take any action to collect or enforce any rights under any agreement
included in the Collateral, including any agreements relating to any Receivables, any Contracts or any agreements relating to Pledged Partnership Interests or Pledged LLC Interests and (iii) the exercise by the Collateral Agent of any of its
rights hereunder shall not release any Grantor from any of its duties or obligations under the contracts and agreements included in the Collateral, including any agreements relating to any Receivables, any Contracts and any agreements relating to
Pledged Partnership Interests or Pledged LLC Interests. 

  
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 6.03 Pledged Securities. (a) Unless an Event of Default shall have occurred and be
continuing and the Collateral Agent shall have given substantially concurrent notice to the relevant Grantor of the Collateral Agent’s intent to exercise its rights pursuant to Section 6.03(b), each Grantor shall be permitted to receive
all cash dividends paid in respect of the Pledged Equity Interests and all payments made in respect of the Pledged Notes, in each case paid in the normal course of business of the relevant Issuer and consistent with past practice, to the extent
permitted in the Credit Agreement, and to exercise all voting and corporate rights with respect to the Pledged Securities; provided, however, that no vote shall be cast or corporate or other ownership right exercised or other action
taken which, in the Collateral Agent’s reasonable judgment, would impair the aggregate value of the Collateral or which would result in any violation of any provision of the Credit Agreement, this Agreement or any other Loan Document. 

(b) Upon the occurrence and during the continuance of an Event of Default and the Collateral Agent shall have given substantially
concurrent notice of its intent to exercise such rights to the relevant Grantor or Grantors: (i) all rights of each Grantor to exercise or refrain from exercising the voting and other consensual rights which it would otherwise be entitled to
exercise pursuant hereto shall cease and all such rights shall thereupon become vested in the Collateral Agent who shall thereupon have the sole right, but shall be under no obligation, to exercise or refrain from exercising such voting and other
consensual rights and (ii) the Collateral Agent shall have the right, without notice to any Grantor (other than as required pursuant to Section 6.03(a) hereof), to transfer all or any portion of the Investment Property to its name or the
name of its nominee or agent. In addition, the Collateral Agent shall have the right at any time, upon the occurrence and during the continuance of an Event of Default, without notice to any Grantor (other than as required pursuant to
Section 6.03(a) hereof), to exchange any certificates or instruments representing any Investment Property for certificates or instruments of smaller or larger denominations. Upon the occurrence and during the continuance of an Event of Default,
in order to permit the Collateral Agent to exercise the voting and other consensual rights which it may be entitled to exercise pursuant hereto and to receive all dividends and other distributions which it may be entitled to receive hereunder each
Grantor shall promptly execute and deliver (or cause to be executed and delivered) to the Collateral Agent all proxies, dividend payment orders and other instruments as the Collateral Agent may from time to time reasonably request and each Grantor
acknowledges that the Collateral Agent may utilize the power of attorney set forth herein; provided that, immediately upon waiver or cure of such Event of Default, all such rights shall, automatically and without further action by any party
hereto, revert to such Grantor. 
 (c) Each Grantor hereby authorizes and instructs each Issuer of any Pledged Securities pledged by
such Grantor hereunder to (i) comply with any instruction received by it from the Collateral Agent in writing that (x) states that an Event of Default has occurred and is continuing and (y) is otherwise in accordance with the terms of
this Agreement, without any other or further instructions from such Grantor, and each Grantor agrees that each Issuer shall be fully protected in so complying, and (ii) upon any such instruction upon the occurrence and

  
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during the continuance of an Event of Default, pay any dividends or other payments with respect to the Investment Property, including Pledged Securities, directly to the Collateral Agent;
provided that, immediately upon waiver or cure of such Event of Default, all such instructions of the Collateral Agent shall be rescinded, and payments with respect to the Investment Property shall automatically and without further action by any
party hereto, become payable to such Grantor to the same extent as in effect prior to such Event of Default. 
 6.04 Proceeds to be
Turned over to Collateral Agent. In addition to the rights of the Secured Parties specified in Section 6.01 with respect to payments of Receivables, upon the occurrence and during the continuance of an Event of Default, at the request of
the Collateral Agent, all Proceeds received by any Grantor consisting of cash, cash equivalents, checks and other near-cash items shall be held by such Grantor in trust for the Secured Parties, segregated from other funds of such Grantor, and shall,
forthwith upon receipt by such Grantor, be turned over to the Collateral Agent in the exact form received by such Grantor (duly endorsed by such Grantor to the Collateral Agent, if required). All Proceeds received by the Collateral Agent hereunder
shall be held by the Collateral Agent in a collateral account maintained under its sole dominion and control. All Proceeds while held by the Collateral Agent in a collateral account (or by such Grantor in trust for the Secured Parties) shall
continue to be held as Collateral for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.05. 

6.05 Application of Proceeds. At such intervals as may be agreed upon by the Borrower and the Collateral Agent, or, upon the occurrence
and during the continuance of an Event of Default, at any time at the Collateral Agent’s election, the Collateral Agent may apply all or any part of the net Proceeds (after deducting fees and expenses as provided in Section 6.06)
constituting Collateral realized through the exercise by the Collateral Agent of its remedies hereunder or under any other Loan Document, whether or not held in any Collateral Account, and any proceeds of the guarantee set forth in Section 2,
in payment of the Obligations in the following order: 
 First, to each Agent, to pay incurred and unpaid fees and
expenses of such Agent under the Loan Documents; 
 Second, to the Collateral Agent, for application by it towards
payment of amounts then due and owing and remaining unpaid in respect of the Obligations pro rata among the Secured Parties according to the amounts of the Obligations then due and owing and remaining unpaid to the Lenders until the Payment in Full
of the Obligations; and 
 Third, after the Payment in Full of the Obligations, to the Borrower or to whomsoever may
be lawfully entitled to receive the same. 
 6.06 Code and Other Remedies. (a) Upon the occurrence and during the continuance of
an Event of Default, the Collateral Agent, on behalf of the Secured Parties, may exercise, in addition to all other rights and remedies granted to them in this Agreement and in any other instrument or agreement securing, evidencing or relating to
the Obligations, all rights and remedies of a secured party under the New York UCC (whether or not the New York UCC applies to the affected Collateral) or its rights under any other applicable law or in equity.

  
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Without limiting the generality of the foregoing, upon the occurrence and during the continuance of an Event of Default, the Collateral Agent, without demand of performance or other demand,
presentment, protest, advertisement or notice of any kind (except any notice required by law referred to below) to or upon any Grantor or any other Person (all and each of which demands, defenses, advertisements and notices are hereby waived), may
in such circumstances forthwith collect, receive, appropriate and realize upon the Collateral, or any part thereof, and/or may forthwith sell, lease, license, assign, give option or options to purchase, or otherwise dispose of and deliver the
Collateral or any part thereof (or contract to do any of the foregoing), in one or more parcels at public or private sale or sales, at any exchange, broker’s board or office of any Secured Party or elsewhere upon such terms and conditions as it
may deem advisable and at such prices as it may deem best, for cash or on credit or for future delivery without assumption of any credit risk. Each Secured Party shall have the right upon any such public sale or sales, and, to the extent permitted
by law, upon any such private sale or sales, to purchase the whole or any part of the Collateral so sold, free of any right or equity of redemption in any Grantor, which right or equity is hereby waived and released to the extent permitted by
applicable law. Each purchaser at any such sale shall hold the property sold absolutely free from any claim or right on the part of any Grantor, and each Grantor hereby waives (to the extent permitted by applicable law) all rights of redemption,
stay and/or appraisal which it now has or may at any time in the future have under any rule of law or statute now existing or hereafter enacted. Each Grantor agrees that, to the extent notice of sale shall be required by law, at least ten days’
notice to such Grantor of the time and place of any public sale or the time after which any private sale is to be made may constitute reasonable notification. The Collateral Agent shall not be obligated to make any sale of Collateral regardless of
notice of sale having been given. The Collateral Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to which
it was so adjourned. The Collateral Agent may sell the Collateral without giving any warranties as to the Collateral. The Collateral Agent may specifically disclaim or modify any warranties of title or the like. This procedure will not be considered
to adversely affect the commercial reasonableness of any sale of the Collateral. Each Grantor agrees that it would not be commercially unreasonable for the Collateral Agent to dispose of the Collateral or any portion thereof by using Internet sites
that provide for the auction of assets of the types included in the Collateral or that have the reasonable capability of doing so, or that match buyers and sellers of assets. Each Grantor hereby waives any claims against the Collateral Agent arising
by reason of the fact that the price at which any Collateral may have been sold at such a private sale was less than the price which might have been obtained at a public sale, even if the Collateral Agent accepts the first offer received and does
not offer such Collateral to more than one offeree. Each Grantor further agrees, at the Collateral Agent’s reasonable request, to assemble the Collateral and make it available to the Collateral Agent at places which the Collateral Agent shall
reasonably select, whether at such Grantor’s premises or elsewhere. The Collateral Agent shall have the right to enter onto the property where any Collateral is located and take possession thereof with or without judicial process. 

(b) The Collateral Agent shall apply the net proceeds of any action taken by it pursuant to this Section 6.06, after deducting all
reasonable documented out-of-pocket expenses of every kind incurred in connection therewith or incidental to the care or safekeeping of any of the Collateral or in any way relating to the Collateral or the rights of the Secured Parties hereunder,
including reasonable attorneys’ fees and disbursements, to the payment in whole or in 

  
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part of the Obligations and only after such application and after the payment by the Collateral Agent of any other amount required by any provision of law, including Section 9-615(a) of the
New York UCC, need the Collateral Agent account for the surplus, if any, to any Grantor. If the Collateral Agent sells any of the Collateral upon credit, the Grantor will be credited only with payments actually made by the purchaser and received by
the Collateral Agent and applied to indebtedness of the purchaser. In the event the purchaser fails to pay for the Collateral, the Collateral Agent may resell the Collateral and the Grantor shall be credited with proceeds of the sale. To the extent
permitted by applicable law, each Grantor waives all claims, damages and demands it may acquire against any Secured Party arising out of the exercise by them of any rights hereunder. 

(c) In the event of any disposition of any of the Intellectual Property Collateral, the goodwill of the business connected with and symbolized
by any Trademarks subject to such Disposition shall be included, and the applicable Grantor shall supply the Collateral Agent or its designee with such Grantor’s know-how and expertise, and with records, documents and things embodying the same,
relating to the manufacture, distribution, advertising and sale of products or the provision of services relating to such Intellectual Property Collateral subject to such disposition, and such Grantor’s customer lists pertaining thereto,
subject to appropriate confidentiality undertakings on the part of any Person receiving such proprietary information. 
 (d) The Collateral
Agent shall have no obligation to marshal any of the Collateral. 
 (e) For the purpose of enabling the Collateral Agent, during the
continuance of an Event of Default, to exercise rights and remedies under Sections 6 and 7 hereof at such time as the Collateral Agent shall be lawfully entitled to exercise such rights and remedies, and for no other purpose, each Grantor
hereby grants to the Collateral Agent, to the extent assignable, an irrevocable, non-exclusive license (exercisable without payment of royalty or other compensation to such Grantor), subject, in the case of Trademarks, to sufficient rights to
quality control and inspection in favor of such Grantor to avoid the risk of invalidation of such Trademarks, to use, assign, license or sublicense any of the Intellectual Property now owned or hereafter acquired, developed or created by such
Grantor, wherever the same may be located. Such license shall include access to all media in which any of the licensed items may be recorded or stored and to all computer programs used for the compilation or printout hereof. 

6.07 Registration Rights. 

(a) Reserved. 
 (b) Each Grantor
recognizes that the Collateral Agent may be unable to effect a public sale of any or all the Pledged Equity Interests or the Pledged Debt Securities, by reason of certain prohibitions contained in the Securities Act and applicable state securities
laws or otherwise, and may be compelled to resort to one or more private sales thereof to a restricted group of purchasers which will be obliged to agree, among other things, to acquire such securities for their own account for investment and not
with a view to the distribution or resale thereof. Each Grantor acknowledges and agrees that any such private sale may result in prices 

  
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and other terms less favorable than if such sale were a public sale and, notwithstanding such circumstances, agrees that any such private sale shall be deemed to have been made in a commercially
reasonable manner. The Collateral Agent shall be under no obligation to delay a sale of any of the Pledged Equity Interests or the Pledged Debt Securities for the period of time necessary to permit the Issuer thereof to register such securities for
public sale under the Securities Act, or under applicable state securities laws, even if such Issuer would agree to do so. 
 (c) Each
Grantor agrees to use its best efforts to do or cause to be done all such other acts as may be necessary to make such sale or sales of all or any portion of the Pledged Equity Interests or the Pledged Debt Securities pursuant to this
Section 6.07 valid and binding and in compliance with any and all other applicable Requirements of Law; provided, that no Grantor shall be required to cause the registration of Pledged Equity under securities laws. 

6.08 Deficiency. Each Grantor shall remain liable for any deficiency if the proceeds of any sale or other disposition of the Collateral
are insufficient to pay its Obligations and the fees and disbursements of any attorneys employed by any Secured Party to collect such deficiency. 

6.09 Non-Judicial Enforcement. The Collateral Agent may enforce its rights hereunder without prior judicial process or judicial
hearing, and to the extent permitted by law, each Grantor expressly waives any and all legal rights which might otherwise require the Collateral Agent to enforce its rights by judicial process. 

SECTION 7. THE COLLATERAL AGENT 
 7.01
Collateral Agent’s Appointment as Attorney-in-Fact, etc. (a) Each Grantor hereby irrevocably constitutes and appoints the Collateral Agent and any officer or agent thereof, with full power of substitution, as its true and lawful
attorney-in-fact with full irrevocable power and authority in the place and stead of such Grantor and in the name of such Grantor or in its own name, such appointment being coupled with an interests, for the purpose of carrying out the terms of this
Agreement, to take any and all appropriate action and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of this Agreement, and, without limiting the generality of the foregoing, each
Grantor hereby gives the Collateral Agent the power and right, on behalf of such Grantor, without notice to or assent by such Grantor, to do any or all of the following: 

(i) in the name of such Grantor or its own name, or otherwise, take possession of and endorse and collect any checks, drafts,
notes, acceptances or other instruments for the payment of moneys due under any Receivable or Contract or with respect to any other Collateral and file any claim or take any other action or proceeding in any court of law or equity or otherwise
deemed appropriate by the Collateral Agent for the purpose of collecting any and all such moneys due under any Receivable or Contract or with respect to any other Collateral whenever payable; 

  
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 (ii) in the case of any Intellectual Property, execute and deliver, and have
recorded, any and all agreements, instruments, documents and papers as the Collateral Agent may request to evidence the Secured Parties’ security interest in such Intellectual Property and the goodwill and general intangibles of such Grantor
relating thereto or represented thereby; 
 (iii) pay or discharge taxes and Liens levied or placed on or threatened against
the Collateral, effect any repairs or any insurance called for by the terms of this Agreement and pay all or any part of the premiums therefor and the costs thereof; 

(iv) execute, in connection with any sale provided for in Section 6.07 or 6.08, any endorsements, assignments or
other instruments of conveyance or transfer with respect to the Collateral; and 
 (v) (1) direct any party liable for any
payment under any of the Collateral to make payment of any and all moneys due or to become due thereunder directly to the Collateral Agent or as the Collateral Agent shall direct; (2) ask or demand for, collect, and receive payment of and
receipt for, any and all moneys, claims and other amounts due or to become due at any time in respect of or arising out of any Collateral; (3) sign and endorse any invoices, freight or express bills, bills of lading, storage or warehouse
receipts, drafts against debtors, assignments, verifications, notices and other documents in connection with any of the Collateral; (4) commence and prosecute any suits, actions or proceedings at law or in equity in any court of competent
jurisdiction to collect the Collateral or any portion thereof and to enforce any other right in respect of any Collateral; (5) defend any suit, action or proceeding brought against such Grantor with respect to any Collateral; (6) settle,
compromise or adjust any such suit, action or proceeding and, in connection therewith, give such discharges or releases as the Collateral Agent may deem appropriate; (7) assign any Intellectual Property (along with the goodwill of the business
to which any such Intellectual Property pertains), throughout the world for such term or terms, on such conditions, and in such manner, as the Collateral Agent shall in its sole discretion determine; and (8) generally, sell, transfer, pledge
and make any agreement with respect to or otherwise deal with any of the Collateral as fully and completely as though the Collateral Agent were the absolute owner thereof for all purposes, and do, at the Collateral Agent’s option and such
Grantor’s expense, at any time, or from time to time, all acts and things which the Collateral Agent deems necessary to protect, preserve or realize upon the Collateral and the Secured Parties’ security interests therein and to effect the
intent of this Agreement, all as fully and effectively as such Grantor might do. 
 (b) Anything in this Section 7.01 to the contrary
notwithstanding, the Collateral Agent agrees that, except as provided in Section 7.01(c), it will not exercise any rights under the power of attorney provided for in Section 7.01(a) unless an Event of Default shall have occurred and be
continuing. 
 (c) If any Grantor or Guarantor fails to perform or comply with any of its agreements contained herein, the Collateral Agent,
at its option, but without any obligation so to do, may perform or comply, or otherwise cause performance or compliance, with such agreement; provided, however, that unless an Event of Default has occurred and is continuing or time is
of the essence, the Collateral Agent shall not exercise this power without first making demand on the Grantor or Guarantor and the Grantor or Guarantor failing to immediately comply therewith. 

  
 35 

 (d) The expenses of the Collateral Agent incurred in connection with actions undertaken as
provided in this Section 7.01 shall be payable by such Grantor to the Collateral Agent on demand. 
 (e) Each Grantor hereby ratifies
all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable until this Agreement is terminated and the security
interests created hereby are released. 
 7.02 Duty of Collateral Agent. The Collateral Agent’s sole duty with respect to the
custody, safekeeping and physical preservation of the Collateral in its possession, under Section 9-207 of the New York UCC or otherwise, shall be to deal with it in the same manner as the Collateral Agent deals with similar property for its
own account. Neither the Collateral Agent, nor any other Secured Party nor any of their respective officers, directors, partners, employees, agents, attorneys and other advisors, attorneys-in-fact or affiliates 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 Grantor or any other Person or to take any other action whatsoever
with regard to the Collateral or any part thereof. The powers conferred on the Secured Parties hereunder are solely to protect the Secured Parties’ interests in the Collateral and shall not impose any duty upon any Secured Party to exercise any
such powers. The Secured Parties shall be accountable only for amounts that they actually receive as a result of the exercise of such powers, and neither they nor any of their officers, directors, partners, employees, agents, attorneys and other
advisors, attorneys-in-fact or affiliates shall be responsible to any Grantor for any act or failure to act hereunder, except to the extent that any such act or failure to act is found by a final and non-appealable judgment of a court of competent
jurisdiction to have resulted primarily from their own gross negligence or willful misconduct in breach of a duty owed to such Grantor. 

7.03 Filing of Financing Statements. Each Grantor acknowledges that pursuant to Section 9-509(b) of the New York UCC and any other
applicable law, each Grantor authorizes the Collateral Agent to file or record financing or continuation statements, and amendments thereto, and other filing or recording documents or instruments with respect to the Collateral, without the signature
of such Grantor, in such form and in such offices as the Collateral Agent reasonably determines appropriate to perfect or maintain the perfection of the security interests of the Collateral Agent under this Agreement. Each Grantor agrees that such
financing statements may describe the Collateral in the same manner as described in the Security documents or as “all assets” or “all personal property,” whether now owned or hereafter existing or acquired or such other
description as the Collateral Agent, in its sole judgment, determines is reasonably necessary. If permitted by applicable law, a photographic or other reproduction of this Agreement shall be sufficient as a financing statement or other filing or
recording document or instrument for filing or recording in any jurisdiction where so permitted. 

  
 36 

 7.04 Authority of Collateral Agent. Each Grantor acknowledges that the rights and
responsibilities of the Collateral Agent under this Agreement with respect to any action taken by the Collateral Agent or the exercise or non-exercise by the Collateral Agent of any option, voting right, request, judgment or other right or remedy
provided for herein or resulting or arising out of this Agreement shall, as between the Collateral Agent and the other Secured Parties, be governed by the Credit Agreement and by such other agreements with respect thereto as may exist from time to
time among them, but, as between the Collateral Agent and the Grantors, the Collateral Agent shall be conclusively presumed to be acting as agent for the Secured Parties with full and valid authority so to act or refrain from acting, and no Grantor
shall be under any obligation, or entitlement, to make any inquiry respecting such authority. 
 7.05 Appointment of Co-Collateral
Agents. At any time or from time to time, in order to comply with any applicable requirement of law, the Collateral Agent may, in accordance with the provisions of Article VIII of the Credit Agreement, appoint another bank or trust company
or one of more other Persons, either to act as co-agent or agents on behalf of the Secured Parties with such power and authority as may be necessary for the effectual operation of the provisions hereof and which may be specified in the instrument of
appointment (which may, in the discretion of the Collateral Agent, include provisions for indemnification and similar protections of such co-agent or separate agent). 

SECTION 8. MISCELLANEOUS 
 8.01 Amendments in
Writing. None of the terms or provisions of this Agreement may be waived, amended, supplemented or otherwise modified except by a written instrument executed by each affected Grantor and the Collateral Agent, subject to any consents required
under Section 9.08 of the Credit Agreement; provided that any provision of this Agreement imposing obligations on any Grantor may be waived by the Collateral Agent in a written instrument executed by the Collateral Agent. 

8.02 Notices. All notices, requests and demands to or upon the Collateral Agent or any Grantor hereunder shall be effected in the
manner provided for in Section 9.01 of the Credit Agreement; provided that any such notice, request or demand to or upon any Guarantor shall be addressed to such Guarantor at its notice address set forth on Schedule 8.02 (as such
schedule may be amended or supplemented from time to time). 
 8.03 No Waiver by Course of Conduct; Cumulative Remedies. No Secured
Party shall by any act (except by a written instrument pursuant to Section 8.01), delay, indulgence, omission or otherwise be deemed to have waived any right or remedy hereunder or to have acquiesced in any Default or Event of Default. No
failure to exercise, nor any delay in exercising, on the part of any Secured Party, any right, power or privilege hereunder shall operate as a waiver thereof. No single or partial exercise of any right, power or privilege hereunder shall preclude
any other or further exercise thereof or the exercise of any other right, power or privilege. A waiver by any Secured Party of any right or remedy hereunder on any one occasion shall not be construed as a bar to any right or remedy which such
Secured Party would otherwise have on any future occasion. The rights and remedies herein provided are cumulative, may be exercised singly or concurrently and are not exclusive of any other rights or remedies provided by law. 

  
 37 

 8.04 Enforcement Expenses; Indemnification. (a) The parties hereto agree that the
Collateral Agent and the other Secured Parties shall be entitled to reimbursement of their expenses incurred hereunder as provided in and subject to the caps set forth in Section 9.05 of the Credit Agreement. 

(b) Each Grantor agrees to pay, and to hold the Collateral Agent and each other Secured Party harmless from, any and all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to, or resulting from any delay in paying, any and all stamp, excise, sales or other taxes which may
be payable or determined to be payable with respect to any of the Collateral or in connection with any of the transactions contemplated by this Agreement, except Indemnified Taxes and Other Taxes covered in Section 2.20 of the Credit Agreement.

 (c) Each Grantor agrees to pay, and to hold the Collateral Agent and each other Secured Party harmless from, any and all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever with respect to the execution, delivery, enforcement, performance and administration of this Agreement to the
extent the Borrower would be required to do so pursuant to Section 9.05 of the Credit Agreement. 
 (d) The agreements in this Section
shall survive repayment of the Obligations and all other amounts payable under the Credit Agreement and the other Loan Documents. 
 8.05
Successors and Assigns. This Agreement shall be binding upon the successors and assigns of each Grantor and shall inure to the benefit of the Secured Parties and their successors and assigns; provided that no Grantor may assign,
transfer or delegate any of its rights or obligations under this Agreement without the prior written consent of the Collateral Agent, and any attempted assignment without such consent shall be null and void. 

8.06 Setoff. Upon the occurrence and during the continuance of an Event of Default, each Secured Party is hereby authorized at any time
and from time to time, except to the extent prohibited by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final), in any currency, and any other credits, indebtedness or claims, in any currency, in
each case whether direct or indirect, absolute or contingent, matured or unmatured, at any time held or owing by such Secured Party to or for the credit or the account of such Grantor, or any part thereof in such amounts as such Secured Party may
elect, against and on account of the obligations and liabilities of such Grantor to such Secured Party now or hereafter existing under this Agreement and the other Loan Documents and claims of every nature and description of such Secured Party
against such Grantor, in any currency, whether arising hereunder, under the Credit Agreement, any other Loan Document or otherwise, as such Secured Party may elect, whether or not any Secured Party has made any demand for payment and although such
obligations, liabilities and claims may be contingent or unmatured. Each Secured Party shall notify such Grantor promptly of any such setoff and the application made by such Secured Party of the proceeds thereof, provided that the failure to
give such notice shall not affect the validity of such setoff and application. The rights of each Secured Party under this Section are in addition to other rights and remedies (including other rights of setoff) which such Secured Party may have.

  
 38 

 8.07 Counterparts. This Agreement may be executed in counterparts (and by different
parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile (or other
electronic) transmission shall be as effective as delivery of a manually signed counterpart of this Agreement. 
 8.08 Severability.
In the event any one or more of the provisions contained in this Agreement should be held invalid, illegal or unenforceable in any respect, the validity, legality and enforceability of the remaining provisions contained herein shall not in any way
be affected or impaired thereby (it being understood that the invalidity of a particular provision in a particular jurisdiction shall not in and of itself affect the validity of such provision in any other jurisdiction). The parties shall endeavor
in good-faith negotiations to replace the invalid, illegal or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the invalid, illegal or unenforceable provisions. 

8.09 Section Headings. Article and Section headings and the Table of Contents used herein are for convenience of reference only,
are not part of this Agreement and are not to affect the construction of, or to be taken into consideration in interpreting, this Agreement. 

8.10 APPLICABLE LAW. THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

 8.11 Submission to Jurisdiction; Waivers. Each Grantor hereby irrevocably and unconditionally: 

(a) submits, for itself and its property, to the exclusive jurisdiction of any New York State court or Federal court of the United States of
America sitting in New York City, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or the other Loan Documents, or for recognition or enforcement of any judgment, and each of the
parties hereto hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding may be heard and determined in such New York State or, to the extent permitted by law, in such Federal court. Each of the
parties hereto agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any
right that the Administrative Agent, the Collateral Agent, the Issuing Bank or any Lender may otherwise have to bring any action or proceeding relating to this Agreement or the other Loan Documents against the Borrower, or its respective properties
in the courts of any jurisdiction; 
 (b) waives, to the fullest extent it may legally and effectively do so, any objection which it may now
or hereafter have to the laying of venue of any suit, action or proceeding arising out of or relating to this Agreement or the other Loan Documents in any New York State or Federal court. Each of the parties hereto hereby irrevocably waives, to the
fullest extent permitted by law, the defense of an inconvenient forum to the maintenance of such action or proceeding in any such court; 

  
 39 

 (c) consents to service of process in the manner provided for notices in Section 9.01 of the
Credit Agreement. Nothing in this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law; and 

(d) waives, to the maximum extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred
to in this Section any special, exemplary, punitive or consequential damages. 
 8.12 Acknowledgments. Each Grantor hereby
acknowledges that: 
 (a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan
Documents to which it is a party; 
 (b) no Secured Party has any fiduciary relationship with or duty to any Grantor arising out of or in
connection with this Agreement or any of the other Loan Documents, and the relationship between the Grantors, on the one hand, and the Secured Parties, on the other hand, in connection herewith or therewith is solely that of debtor and creditor; and

 (c) no joint venture is created hereby or by the other Loan Documents or otherwise exists by virtue of the transactions contemplated
hereby among the Secured Parties or among the Grantors and the Secured Parties. 
 8.13 Additional Grantors. Each Subsidiary of the
Borrower that is required to become a party to this Agreement pursuant to Section 5.12 of the Credit Agreement shall become a Grantor for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement
in the form of Annex 1 hereto. 
 8.14 Termination of Security Interest. (a) Upon the Payment in Full of the Obligations,
the Collateral shall be released from the Liens created hereby, and this Agreement and all obligations (other than those expressly stated to survive such termination) of the Collateral Agent and each Grantor hereunder shall terminate, all without
delivery of any instrument or performance of any act by any party, and all rights to the Collateral shall revert to the Grantors. At the request and sole expense of any Grantor following any such termination, the Collateral Agent shall deliver to
such Grantor any Collateral held by the Collateral Agent hereunder, and execute and deliver to such Grantor such documents as such Grantor shall reasonably request to evidence such termination. 

(b) If any of the Collateral shall be sold or otherwise disposed of by any Grantor in a transaction permitted by the Credit Agreement, then the
Collateral Agent, at the request and sole expense of such Grantor, shall execute and deliver to such Grantor all releases or other documents reasonably necessary or desirable for the release of the Liens created hereby on such Collateral. At the
request and sole expense of the Borrower, a Guarantor shall be released from its obligations hereunder in the event that all the Equity Interests in such Guarantor shall be sold or otherwise disposed of in a transaction permitted by the Credit
Agreement; provided that the Borrower shall have delivered to the Collateral Agent, at least seven Business Days prior to the date of the proposed release (or such shorter time as the Collateral Agent may agree), a written request for such
release identifying the relevant Guarantor and the terms of the relevant sale or other disposition in reasonable detail, including the price thereof and any expenses incurred in connection therewith, together with a certification by the Borrower
stating that such transaction is in compliance with the Credit Agreement and the other Loan Documents. 

  
 40 

 (c) Each Grantor acknowledges that it is not authorized to file any financing statement or
amendment or termination statement with respect to any financing statement originally filed in connection herewith without the prior written consent of the Collateral Agent, subject to such Grantor’s rights under Section 9-509(d)(2) of the
New York UCC. 
 8.15 WAIVER OF JURY TRIAL. EACH GRANTOR AND THE COLLATERAL AGENT HEREBY WAIVE, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY
OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER
INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 8.15. 

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

  
 41 

 IN WITNESS WHEREOF, each of the undersigned has caused this Guarantee and Collateral Agreement to be duly
executed and delivered as of the day and year first above written. 
  

					
	AAC HOLDINGS, INC., a Nevada corporation
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Chairman and Chief Executive Officer
	
	AMERICAN ADDICTION CENTERS, INC., a Nevada corporation
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Chairman and Chief Executive Officer
	
	FORTERUS HEALTH CARE SERVICES, INC., a Delaware corporation
	SAN DIEGO ADDICTION TREATMENT CENTER, INC., a Delaware corporation
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Sole Director and Chairman

 [Signature Page to Guarantee and Collateral Agreement] 

 
					
	BHR GREENHOUSE REAL ESTATE, LLC, a texas limited liability company
	BHR OXFORD REAL ESTATE, LLC, a Delaware limited liability company
	GREENHOUSE TREATMENT CENTER, LLC, a Texas limited liability company
	CONCORDE TREATMENT CENTER, LLC, a Nevada limited liability company
	RECOVERY FIRST OF FLORIDA, LLC, a Delaware limited liability company
	RI – CLINICAL SERVICES, LLC, a Delaware limited liability company
	NEW JERSEY ADDICTION TREATMENT CENTER, LLC, a Delaware limited liability company
	BEHAVIORAL HEALTHCARE REALTY, LLC, a Delaware limited liability company
	CONCORDE REAL ESTATE, LLC, a Nevada limited liability company
	BHR ALISO VIEJO REAL ESTATE, LLC, a Delaware limited liability company
	BHR RINGWOOD REAL ESTATE, LLC, a Delaware limited liability company
	OXFORD TREATMENT CENTER, LLC, a Delaware limited liability company
	SOBER MEDIA GROUP, LLC, a Delaware limited liability company
	RIVER OAKS TREATMENT CENTER, LLC, a Delaware limited liability company
	LAGUNA TREATMENT HOSPITAL, LLC, a Delaware limited liability company
	SOLUTIONS TREATMENT CENTER, LLC, a Delaware limited liability company
	TOWNSEND TREATMENT CENTER, LLC, a Delaware limited liability company
	OXFORD OUTPATIENT CENTER, LLC, a Delaware limited liability company
	RUSH MEDICAL – LAFAYETTE, LLC, a Delaware limited liability company
	TOWNSEND RECOVERY CENTER NEW ORLEANS, LLC, a Delaware limited liability company
	SAGENEX DIAGNOSTICS LABORATORY, LLC, a Delaware limited liability company
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Sole Manager and Chairman

 [Signature Page to Guarantee and Collateral Agreement] 

 
					
	AAC HEALTHCARE NETWORK, INC., a Delaware corporation
			
		 	By:	 	AAC Holdings, Inc., its sole stockholder
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Chairman and Chief Executive Officer
	
	AAC LAS VEGAS OUTPATIENT CENTER, LLC, a Delaware limited liability company
	AAC DALLAS OUTPATIENT CENTER, LLC, a Delaware limited liability company
	
	ADDICTION LABS OF AMERICA, LLC, a Delaware limited liability company
		
		 	By: American Addiction Centers, Inc., its sole member
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Chairman and Chief Executive Officer
	
	THE ACADEMY REAL ESTATE, LLC, a Delaware limited liability company
		
		 	By: Behavioral Healthcare Realty, LLC, its sole member
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Sole Manager and Chairman

 [Signature Page to Guarantee and Collateral Agreement] 

 
					
	RECOVERY BRANDS, LLC, a California limited liability company
		
		 	By: Referral Solutions Group, LLC, its sole member
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Sole Manager and Chairman
	
	REFERRAL SOLUTIONS GROUP, LLC, a California limited liability company
		
		 	By: Sober Media Group, LLC, its sole member
			
		 	By:	 	 /s/ Michael T. Cartwright

		 		 	Name: Michael T. Cartwright
		 		 	Title: Sole Manager and Chairman

 [Signature Page to Guarantee and Collateral Agreement] 

 
					
	SAN DIEGO PROFESSIONAL GROUP, P.C., a California professional corporation
	PALM BEACH PROFESSIONAL GROUP, PROFESSIONAL CORPORATION, a Florida professional corporation
	LAS VEGAS PROFESSIONAL GROUP – CALARCO, P.C., a Nevada professional corporation
	GRAND PRAIRIE PROFESSIONAL GROUP, P.A., a Texas professional association
	OXFORD PROFESSIONAL GROUP, P.C., a Mississippi professional corporation
	PONTCHARTRAIN MEDICAL GROUP, A PROFESSIONAL CORPORATION, a Louisiana professional corporation
			
		 	By:	 	 /s/ Marc A. Calarco, D.O.

		 		 	Name: Mark A. Calarco, D.O.
		 		 	Title: Secretary

 [Signature Page to Guarantee and Collateral Agreement] 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent
		
	By	 	 /s/ Christopher Day

		 	Name: Christopher Day
		 	Title: Authorized Signatory
		
	By	 	 /s/ Tino Schaufelberger

		 	Name: Tino Schaufelberger
		 	Title: Authorized Signatory

 [Signature Page to Guarantee and Collateral Agreement] 

 Exhibit A to 

Guarantee and Collateral Agreement 

FORM OF SECURITIES ACCOUNT CONTROL AGREEMENT 

This Securities Account Control Agreement, dated as of [            ],
20[    ] (this “Agreement”), among [            ] (the “Debtor”), Credit Suisse AG, in its capacity as collateral agent (in such capacity, including
any successor thereto, the “Collateral Agent”) for the Secured Parties under the Credit Agreement (as defined below) and [            ], in its capacity as a “securities
intermediary” as defined in Section 8-102 of the UCC (in such capacity, the “Securities Intermediary”). Capitalized terms used but not defined herein shall have the meaning assigned to such terms in the Credit Agreement, dated as
of June 30, 2017 (as may be amended, restated, replaced, refinanced, supplemented or otherwise modified from time to time, the “Credit Agreement”), among AAC HOLDINGS, INC., a Nevada corporation (the
“Company”), the Lenders from time to time party thereto, and CREDIT SUISSE AG, as the Administrative Agent and as the Collateral Agent. All references herein to the “UCC” shall mean the Uniform
Commercial Code as in effect in the State of New York. 
 Section 1. Priority of Lien. Pursuant to that certain Guarantee and
Collateral Agreement, dated as of June 30, 2017 (as amended, restated, replaced, supplemented or otherwise modified from time to time, the “Security Agreement”), among the Company, the other grantors party thereto and
the Collateral Agent, the Debtor has granted a security interest in all of the Debtor’s rights in the Securities Account referred to in Section 2 to the Collateral Agent. The Collateral Agent, the Debtor and the Securities Intermediary are
entering into this Agreement to perfect the Collateral Agent’s security interest in such Securities Account. The Securities Intermediary hereby acknowledges that it has received notice of the security interest of the Collateral Agent in such
Securities Account and hereby acknowledges and consents to such lien. 
 Section 2. Establishment of Securities Account. The
Securities Intermediary hereby confirms and agrees that: 
 (a) The Securities Intermediary has established account number [IDENTIFY
ACCOUNT NUMBER] in the name “[IDENTIFY EXACT TITLE OF ACCOUNT]” (such account and any successor account, the “Securities Account”) and the Securities Intermediary shall not change the name or account
number of the Securities Account or close the Securities Account without (i) the prior written consent of the Collateral Agent and (ii) prior to delivery pursuant to Section 9(a) of a Blocking Notice delivered by the Collateral Agent,
in substantially the form set forth in Exhibit A (“Blocking Notice”), to the Debtor; 
 (b) All securities or other
property underlying any financial assets credited to the Securities Account shall be registered in the name of the Securities Intermediary, indorsed to the Securities Intermediary or in blank or credited to another securities account maintained in
the name of the Securities Intermediary and in no case will any financial asset credited to the Securities Account be registered in the name of the Debtor, payable to the order of the Debtor or specially indorsed to the Debtor except to the extent
the foregoing have been specially indorsed to the Securities Intermediary or in blank; 

  
 Exhibit A-2 

 (c) All property delivered to the Securities Intermediary pursuant to the Security Agreement will
be promptly credited to the Securities Account; and 
 (d) The Securities Account is a “securities account” within the meaning of
Section 8-501 of the UCC. 
 Section 3. “Financial Assets” Election. The Securities Intermediary hereby agrees
that each item of property (including, without limitation, any investment property, financial asset, security, instrument, general intangible or cash) credited to the Securities Account shall be treated as a “financial asset” within the
meaning of Section 8-102(a)(9) of the UCC. 
 Section 4. Control of the Securities Account. Notwithstanding anything to the
contrary contained herein, if at any time upon the occurrence and during the continuance of an Event of Default, the Securities Intermediary shall receive any order from the Collateral Agent directing transfer or redemption of any financial asset
relating to the Securities Account, the Securities Intermediary shall comply with such entitlement order without further consent by the Debtor or any other Person. The Securities Intermediary shall comply with entitlement orders from the Debtor
directing transfer or redemption of any financial asset relating to the Securities Account until such time as the Securities Intermediary has received a Blocking Notice delivered pursuant to Section 9(a). Until such time as the Securities
Intermediary has received a Blocking Notice delivered under Section 9(a), the Securities Intermediary shall be entitled to distribute to the Debtor all income on the financial assets in the Securities Account. If the Debtor is otherwise
entitled to issue entitlement orders and such orders conflict with any entitlement order issued by the Collateral Agent, the Securities Intermediary shall follow the orders issued by the Collateral Agent. 

Section 5. Subordination of Lien; Waiver of Set-Off. In the event that the Securities Intermediary has or subsequently obtains by
agreement, by operation of law or otherwise a security interest in the Securities Account or any security entitlement credited thereto, the Securities Intermediary hereby agrees that such security interest shall be subordinate to the security
interest of the Collateral Agent. The financial assets and other items deposited to the Securities Account will not be subject to deduction, set-off, banker’s lien, or any other right in favor of any Person other than the Collateral Agent
(except that the Securities Intermediary may set off (i) all amounts due to the Securities Intermediary in respect of customary fees and expenses for the routine maintenance and operation of the Securities Account and (ii) the face amount
of any checks which have been credited to such Securities Account but are subsequently returned unpaid because of uncollected or insufficient funds). 

Section 6. Choice of Law. This Agreement and the Securities Account shall each be governed by the laws of the State of New York.
Regardless of any provision in any other agreement, for purposes of the UCC, New York shall be deemed to be the Securities Intermediary’s jurisdiction (within the meaning of Section 8-110 of the UCC) and the Securities Account (as well as
the securities entitlements related thereto) shall be governed by the laws of the State of New York. The parties hereby agree that the law in force in the State of New York is applicable to all issues specified in Article 2(1) of the Hague
Securities Convention. 

  
 Exhibit A-3 

 Section 7. Conflict with Other Agreements. 

(a) In the event of any conflict between this Agreement (or any portion thereof) and any other agreement now existing or hereafter entered
into, the terms of this Agreement shall prevail. 
 (b) No amendment or modification of this Agreement or waiver of any right hereunder shall
be binding on any party hereto unless it is in writing and is signed by all of the parties hereto. 
 (c) The Securities Intermediary hereby
confirms and agrees that: 
 (i) There are no other control agreements entered into between the Securities Intermediary and
the Debtor with respect to the Securities Account; 
 (ii) It has not entered into, and until the termination of this
Agreement, will not enter into, any agreement with any other Person relating to the Securities Account and/or any financial assets credited thereto pursuant to which it has agreed to comply with entitlement orders (as defined in
Section 8-102(a)(8) of the UCC) of such other Person; and 
 (iii) It has not entered into, and until the termination of
this Agreement, will not enter into, any agreement with the Debtor or either Collateral Agent purporting to limit or condition the obligation of the Securities Intermediary to comply with entitlement orders as set forth in Section 4. 

Section 8. Adverse Claims. Except for the claims and interest of the Collateral Agents and of the Debtor in the Securities
Account, the Securities Intermediary does not know of any claim to, or interest in, the Securities Account or in any “financial asset” (as defined in Section 8-102(a) of the UCC) credited thereto. If any Person asserts any lien,
encumbrance or adverse claim (including any writ, garnishment, judgment, warrant of attachment, execution or similar process) against the Securities Account or in any financial asset carried therein, the Securities Intermediary will promptly notify
in writing the Collateral Agent and the Debtor thereof. 
 Section 9. Maintenance of Securities Account. In addition to, and not
in lieu of, the obligation of the Securities Intermediary to honor entitlement orders as agreed in Section 4, the Securities Intermediary agrees to maintain the Securities Account as follows: 

(a) Blocking Notice. If at any time upon the occurrence and during the continuance of an Event of Default the Collateral Agent delivers
to the Securities Intermediary a Blocking Notice in substantially the form set forth in Exhibit A, the Securities Intermediary agrees that after receipt of such notice, it will cease to follow any instruction with respect to the Securities Account
from the Debtor. 

  
 Exhibit A-4 

 (b) Voting Rights. Until such time as the Securities Intermediary receives a Blocking
Notice pursuant to Section 9(a), the Debtor shall direct the Securities Intermediary with respect to the voting of any financial assets credited to the Securities Account. 

(c) Permitted Investments. Until such time as the Securities Intermediary receives a Blocking Notice signed by the Collateral Agent, the
Debtor shall direct the Securities Intermediary with respect to the selection of investments to be made for the Securities Account. 
 (d)
Statements and Confirmations. The Securities Intermediary will promptly send copies of all statements, confirmations and other correspondence concerning the Securities Account and/or any financial assets credited thereto simultaneously to
each of the Debtor and the Collateral Agent at the address set forth in Section 13. 
 (e) Tax Reporting. All items of income,
gain, expense and loss recognized in the Securities Account shall be reported to the Internal Revenue Service and all state and local taxing authorities under the name and taxpayer identification number of the Debtor. 

Section 10. Representations, Warranties and Covenants of the Securities Intermediary. The Securities Intermediary hereby makes the
following representations, warranties and covenants: 
 (a) The Securities Intermediary has an office in the United States which is engaged
in the business or other regular activity of maintaining securities accounts; 
 (a) The Securities Account has been established as set forth
in Section 1 and will be maintained in the manner set forth herein until termination of this Agreement; and 
 (b) This Agreement is the
valid and legally binding obligation of the Securities Intermediary enforceable against the Securities Intermediary in accordance with its terms. 

Section 11. Indemnification of Securities Intermediary. The Debtor and the Collateral Agent hereby agree that (a) the
Securities Intermediary is released from any and all liabilities to the Debtor and the Collateral Agent arising from the terms of this Agreement and the compliance in good faith of the Securities Intermediary with the terms hereof, except to the
extent that such liabilities arise from the Securities Intermediary’s gross negligence, bad faith or willful misconduct and (b) the Debtor, its successors and assigns shall at all times indemnify and save harmless the Securities
Intermediary from and against any and all losses, claims, damages, liabilities and related expenses, including reasonable documented counsel fees, charges and disbursements (other than the allocated costs of internal counsel) arising out of the
terms of this Agreement or the compliance in good faith of the Securities Intermediary with the terms hereof; provided that such indemnity shall not be available to the extent that such losses, claims, damages, liabilities or related expenses
are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted primarily from the gross negligence, bad faith or willful misconduct of the Securities Intermediary, until the termination of this Agreement.

  
 Exhibit A-5 

 Section 12. Successors; Assignment. The terms of this Agreement shall be binding
upon, and shall inure to the benefit of, the parties hereto and their respective successors or heirs and personal representatives who obtain such rights solely by operation of law. The Collateral Agent may assign its rights hereunder only with the
express written consent of the Securities Intermediary and by sending written notice of such assignment to the Debtor. 

Section 13. Notices. Any notice, request or other communication required or permitted to be given under this Agreement shall be in
writing and deemed to have been properly given when delivered in person, or when sent by telecopy or other electronic means and electronic confirmation of error free receipt is received or two (2) Business Days after being sent by certified or
registered United States mail, return receipt requested, postage prepaid, addressed to the party at the address set forth below. 
  

			
	Debtor:	  	[            ]
		  	[Address]
		  	Attention: [            ]
		  	Telecopier: [            ]
		
		  	with a copy to:
		
		  	Attention: Chief Financial Officer
		  	Telecopier: [            ]
		  	 Telephone No.: [            ]

 
 with a copy to:

 

		  	[Counsel for Debtor]
		  	[Address]
		  	Attention: [            ]
		  	Telecopier: [            ]
		  	Telephone No.: [            ]
		
	Collateral Agent:	  	CREDIT SUISSE AG 
		  	Eleven Madison Avenue, 9th Floor
		  	New York, NY 10010
		  	Attention: Loan Operations – Boutique Management
		  	Tel: (212) 538-6106
		  	Facsimile No.: (212) 325-8315
		  	E-mail: list.ops-collateral@credit-suisse.com
		
	Securities Intermediary:	  	[Address]
		  	Attention: [            ]
		  	Telecopier: [            ]

 Any party may change its address for notices in the manner set forth above. 

  
 Exhibit A-6 

 Section 14. Termination. The obligations of the Securities Intermediary to the
Collateral Agent pursuant to this Agreement shall continue in effect until the security interest of the Collateral Agent in the Securities Account has been terminated pursuant to the terms of the Security Agreement and the Collateral Agent has
notified the Securities Intermediary of such termination in writing. The Collateral Agent agrees to provide a Notice of Termination in substantially the form of Exhibit B to the Securities Intermediary upon the termination of the Collateral
Agent’s security interest in the Securities Account pursuant to the terms of the Security Agreement. The termination of this Agreement shall not terminate the Securities Account or alter the obligations of the Securities Intermediary to the
Debtor pursuant to any other agreement with respect to the Securities Account. 
 Section 15. Modification. This Agreement shall
only be modified or amended by written agreement of all of the parties hereto evidencing such modification or amendment. 

Section 16. Counterparts. This Agreement may be executed in counterparts (and by different parties hereto on different
counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile (or other electronic) transmission shall be as
effective as delivery of a manually signed counterpart of this Agreement. 

  
 Exhibit A-7 

 IN WITNESS WHEREOF, the parties hereto have caused this Securities Account Control Agreement to be executed as of
the date first above written by their respective officers thereunto duly authorized. 
  

			
	[DEBTOR]

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
	
	 CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH,

as Collateral Agent

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
	
	 [NAME OF SECURITIES INTERMEDIARY],

as Securities Intermediary

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Exhibit A-8 

 Exhibit A to 

Securities Account Control Agreement 

CREDIT SUISSE AG 
 Eleven Madison
Avenue 
 New York, New York 10010 
 [Date] 

[Name and Address of Securities Intermediary] 
 Attention: 

 

	 	Re:	Blocking Notice 

 Ladies and Gentlemen: 

As referenced in the Securities Account Control Agreement, dated as of
[            ], 20[    ], among [NAME OF THE DEBTOR] (the “Debtor”), you and the undersigned (a copy of which is attached),
we hereby give you notice of our sole control over securities account number [            ] (the “Securities Account”) and all financial assets credited
thereto. You are hereby instructed not to accept any direction, instructions or entitlement orders with respect to the Securities Account or the financial assets credited thereto from any Person other than the undersigned, unless otherwise ordered
by a court of competent jurisdiction. 
 You are instructed to deliver a copy of this notice by facsimile (or other electronic) transmission
to the Debtor. 
  

			
	Very truly yours,
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

  

	cc:	[NAME OF THE DEBTOR] 

 Exhibit 1 to Securities Account Control Agreement 

 Exhibit B to 

Securities Account Control Agreement 

CREDIT SUISSE AG 
 Eleven Madison
Avenue 
 New York, New York 10010 
 [Date] 

[Name and Address of Securities Intermediary] 
 Attention: 

 

	 	Re:	Termination of Securities Account Control Agreement 

 You are hereby notified that the
Securities Account Control Agreement, dated as of [            ], 20[    ], among you, [NAME OF THE DEBTOR] and the undersigned (a copy of which is
attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement. Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to account number(s)
[            ] from [NAME OF THE DEBTOR]. This notice terminates any obligations you may have to the undersigned with respect to such account, however nothing contained in
this notice shall alter any obligations which you may otherwise owe to [NAME OF THE DEBTOR] pursuant to any other agreement. 
 You
are instructed to deliver a copy of this notice by facsimile (or other electronic) transmission to the Debtor. 
  

			
	Very truly yours,
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit B to Securities Account Control Agreement 

 Exhibit B to 

Guarantee and Collateral Agreement 

FORM OF DEPOSIT ACCOUNT CONTROL AGREEMENT 

This Deposit Account Control Agreement, dated as of [            ],
20[    ] (this “Agreement”), among [            ] (the “Debtor”), Credit Suisse AG, in its capacity
as collateral agent (in such capacity, including any successor thereto, the “Collateral Agent”) for the Secured Parties under the Credit Agreement (as defined below) and
[            ], in its capacity as a “bank” as defined in Section 9-102 of the UCC (in such capacity, the “Financial Institution”). Capitalized
terms used but not defined herein shall have the meaning assigned to such terms in the Credit Agreement, dated as of June 30, 2017 (as may be amended, restated, replaced, refinanced, supplemented or otherwise modified from time to time, the
“Credit Agreement”), among AAC Holdings, Inc., a Nevada corporation (the “Company”), the Lenders from time to time party thereto, and CREDIT SUISSE AG, as the Administrative Agent and as the Collateral
Agent. All references herein to the “UCC” shall mean the Uniform Commercial Code as in effect in the State of New York. 

Section 1. Priority of Lien. Pursuant to that certain Guarantee and Collateral Agreement, dated as of June 30, 2017 (as
amended, restated, replaced, supplemented or otherwise modified from time to time, the “Security Agreement”), among the Company, the other grantors party thereto and the Collateral Agent, the Debtor has granted a security
interest in all of the Debtor’s rights in the Deposit Account referred to in Section 2 to the Collateral Agent. The Collateral Agent, the Debtor and the Financial Institution are entering into this Agreement to perfect the Collateral
Agent’s security interest in such Deposit Account. The Financial Institution hereby acknowledges that it has received notice of the security interest of the Collateral Agent in such Deposit Account and hereby acknowledges and consents to such
lien. 
 Section 2. Establishment of Deposit Account. The Financial Institution hereby confirms and agrees that: 

(a) The Financial Institution has established account number [IDENTIFY ACCOUNT NUMBER] in the name “[IDENTIFY EXACT TITLE OF
ACCOUNT]” (such account and any successor account, the “Deposit Account”) and the Financial Institution shall not change the name or account number of the Deposit Account or close the Deposit Account without the
prior written consent of (i) the Collateral Agent and (ii) prior to delivery pursuant to Section 8(a) of a Blocking Notice delivered by the Collateral Agent in substantially the form set forth in Exhibit A (“Blocking
Notice”), the Debtor; and 
 (b) The Deposit Account is a “deposit account” within the meaning of
Section 9-102(a)(29) of the UCC. 

  
 Exhibit B-1 

 Section 3. Control of the Deposit Account. Notwithstanding anything to the contrary
contained herein, if at any time upon the occurrence and during the continuance of an Event of Default, the Financial Institution shall receive any instructions originated by the Collateral Agent directing the disposition of funds in the Deposit
Account, the Financial Institution shall comply with such instructions without further consent by the Debtor or any other Person. The Financial Institution shall comply with instructions from the Debtor directing the disposition of funds in the
Deposit Account until such time as the Financial Institution has received a Blocking Notice delivered pursuant to Section 8(a). If the Debtor is otherwise entitled to issue instructions directing the disposition of funds in the Deposit Account
and such instructions conflict with any instructions issued by the Collateral Agent, the Financial Institution shall follow the instructions issued by the Collateral Agent. 

Section 4. Subordination of Lien; Waiver of Set-Off. In the event that the Financial Institution has or subsequently obtains
by agreement, by operation of law or otherwise a security interest in the Deposit Account or any funds credited thereto, the Financial Institution hereby agrees that such security interest shall be subordinate to the security interest of the
Collateral Agent. Money and other items credited to the Deposit Account will not be subject to deduction, set-off, banker’s lien, or any other right in favor of any Person other than the Collateral Agent (except that the Financial Institution
may set off (i) all amounts due to the Financial Institution in respect of customary fees and expenses for the routine maintenance and operation of the Deposit Account and (ii) the face amount of any checks which have been credited to such
Deposit Account but are subsequently returned unpaid because of uncollected or insufficient funds). 
 Section 5. Choice of Law.
This Agreement and the Deposit Account shall each be governed by the laws of the State of New York. Regardless of any provision in any other agreement, for purposes of the UCC, New York shall be deemed to be the Financial Institution’s
jurisdiction (within the meaning of Section 9-304 of the UCC) and the Deposit Account shall be governed by the laws of the State of New York. 

Section 6. Conflict with Other Agreements. 

(a) In the event of any conflict between this Agreement (or any portion thereof) and any other agreement now existing or hereafter entered
into, the terms of this Agreement shall prevail. 
 (b) No amendment or modification of this Agreement or waiver of any right hereunder shall
be binding on any party hereto unless it is in writing and is signed by all of the parties hereto. 
 (c) The Financial Institution hereby
confirms and agrees that: 
 (i) There are no other agreements entered into between the Financial Institution and the Debtor
with respect to the Deposit Account; 

  
 Exhibit B-2 

 (ii) It has not entered into, and until the termination of this Agreement, will
not enter into, any agreement with any other Person relating the Deposit Account and/or any funds credited thereto pursuant to which it has agreed to comply with instructions originated by such Person as contemplated by Section 9-104 of the
UCC; and 
 (iii) It has not entered into, and until the termination of this Agreement, will not enter into, any agreement
with the Debtor or the Collateral Agent purporting to limit or condition the obligation of the Financial Institution to comply with instructions orders as set forth in Section 3. 

Section 7. Adverse Claims. Except for the lien, claim, interest and encumbrance of the Collateral Agent in the Deposit Account,
the Financial Institution does not know of any other liens, claims, interests or encumbrances in, the Deposit Account or in any “funds” (as defined in Section 9-104 of the UCC) credited thereto. If any person asserts any lien,
encumbrance or adverse claim (including any writ, garnishment, judgment, warrant of attachment, execution or similar process) against the Deposit Account, the Financial Institution will promptly notify in writing the Collateral Agent and the Debtor
thereof. 
 Section 8. Maintenance of Deposit Account. In addition to, and not in lieu of, the obligation of the Financial
Institution to honor instructions as set forth in Section 3, the Financial Institution agrees to maintain the Deposit Account as follows: 

(a) Blocking Notice. If at any time upon the occurrence and during the continuance of an Event of Default, the Collateral Agent delivers
to the Financial Institution a Blocking Notice in substantially the form set forth in Exhibit A, the Financial Institution agrees that after receipt of such notice, it will cease to follow any instruction with respect to the Deposit Account from the
Debtor. 
 (b) Withdrawal Requests. Until such time as the Financial Institution receives a Blocking Notice pursuant to
Section 8(a), the Debtor may request withdrawal of, or transfer of, funds or property from the Deposit Account. 
 (b) Statements and
Confirmations. The Financial Institution will promptly send copies of all statements, confirmations and other correspondence concerning the Deposit Account simultaneously to each of the Debtor and the Collateral Agent at the address for each set
forth in Section 11. 
 (b) Tax Reporting. All interest, if any, relating to the Deposit Account, shall be reported to the
Internal Revenue Service and all state and local taxing authorities under the name and taxpayer identification number of the Debtor. 

Section 9. Representations, Warranties and Covenants of the Financial Institution. The Financial Institution hereby makes the
following representations, warranties and covenants: 
 (a) The Deposit Account has been established as set forth in Section 1 and will
be maintained in the manner set forth herein until termination of this Agreement; and 

  
 Exhibit B-3 

 (b) This Agreement is the valid and legally binding obligation of the Financial Institution
enforceable against the Securities Intermediary in accordance with its terms. 
 Section 10. Indemnification of Financial
Institution. The Debtor and the Collateral Agent hereby agree that (a) the Financial Institution is released from any and all liabilities to the Debtor and the Collateral Agent arising from the terms of this Agreement and the compliance in
good faith of the Financial Institution with the terms hereof, except to the extent that such liabilities arise from the Financial Institution’s gross negligence, bad faith or willful misconduct and (b) the Debtor, its successors and
assigns shall at all times indemnify and save harmless the Financial Institution from and against any and all losses, claims, damages, liabilities and related expenses, including reasonable documented counsel fees, charges and disbursements (other
than the allocated costs of internal counsel) arising out of the terms of this Agreement or the compliance in good faith of the Financial Institution with the terms hereof; provided that such indemnity shall not be available to the extent
that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted primarily from the gross negligence, bad faith or willful misconduct of the
Financial Institution, until the termination of this Agreement. 
 Section 11. Successors; Assignment. The terms of this
Agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors or heirs and personal representatives who obtain such rights solely by operation of law. The Collateral Agent may assign its
rights hereunder only with the express written consent of the Financial Institution and by sending written notice of such assignment to the Debtor. 

Section 12. Notices. Any notice, request or other communication required or permitted to be given under this Agreement shall be in
writing and deemed to have been properly given when delivered in person, or when sent by telecopy or other electronic means and electronic confirmation of error free receipt is received or two (2) Business Days after being sent by certified or
registered United States mail, return receipt requested, postage prepaid, addressed to the party at the address set forth below. 
  

			
	Debtor:	  	[            ]
		  	[Address]
		  	Attention: [            ]
		  	Telecopier: [            ]
		
		  	with a copy to:
		
		  	Attention: Chief Financial Officer
		  	Telecopier: [            ]
		  	Telephone No.: [            ]

  
 Exhibit B-4 

			
		  	with a copy to:
		
		  	[Counsel for Debtor]
		  	[Address]
		  	Attention: [            ]
		  	Telecopier: [            ]
		  	Telephone No.: [            ]
		
	Collateral Agent:	  	CREDIT SUISSE AG
		  	Eleven Madison Avenue, 9th Floor
		  	New York, NY 10010
		  	Attention: Loan Operations – Boutique Management
		  	Tel: (212) 538-6106
		  	Facsimile No.: (212) 325-8315
		  	E-mail: list.ops-collateral@credit-suisse.com
		
	Financial Institution:	  	[Address]
		  	Attention: [            ]
		  	Telecopier: [            ]

 Any party may change its address for notices in the manner set forth above. 

Section 13. Termination. The obligations of the Financial Institution to the Collateral Agent pursuant to this Agreement shall
continue in effect until the security interest of the Collateral Agent in the Deposit Account has been terminated pursuant to the terms of the Security Agreement and the Collateral Agent has notified the Financial Institution of such termination in
writing. The Collateral Agent agrees to provide Notice of Termination in substantially the form of Exhibit B to the Financial Institution upon the termination of the Collateral Agent’s security interest in the Deposit Account pursuant to the
terms of the Security Agreement. The termination of this Agreement shall not terminate the Deposit Account or alter the obligations of the Financial Institution to the Debtor pursuant to any other agreement with respect to the Deposit Account. 

Section 14. Modification. This Agreement shall only be modified or amended by written agreement of all of the parties hereto
evidencing such modification or amendment. 
 Section 15. Counterparts. This Agreement may be executed in counterparts (and by
different parties hereto on different counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Agreement by facsimile (or other
electronic) transmission shall be as effective as delivery of a manually signed counterpart of this Agreement. 

  
 Exhibit B-5 

 IN WITNESS WHEREOF, the parties hereto have caused this Deposit Account Control Agreement to be
executed as of the date first above written by their respective officers thereunto duly authorized. 
  

			
	[DEBTOR]

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
	
	[NAME OF FINANCIAL INSTITUTION], as Financial Institution

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 Exhibit B-6 

 Exhibit A to 

Deposit Account Control Agreement 

CREDIT SUISSE AG 
 Eleven Madison
Avenue 
 New York, New York 10010 
 [Date] 

[Name and Address of Financial Institution] 
 Attention: 

 

	 	Re:	Blocking Notice 

 Ladies and Gentlemen: 

As referenced in the Deposit Account Control Agreement, dated as of
[            ], 20[    ], among [NAME OF THE DEBTOR] (the “Debtor”), you and the undersigned (a copy of which is attached),
we hereby give you notice of our sole control over deposit account number [            ] (the “Deposit Account”) and all funds deposited therein and financial
assets credited thereto. You are hereby instructed not to accept any direction, instructions or entitlement orders with respect to the Deposit Account or the funds deposited therein or financial assets credited thereto from any Person other than the
undersigned, unless otherwise ordered by a court of competent jurisdiction. 
 You are instructed to deliver a copy of this notice by
facsimile (or other electronic) transmission to the Debtor. 
  

			
	Very truly yours,

 
			
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 cc: [NAME OF THE DEBTOR] 

Exhibit A to Deposit Account Control Agreement 

 Exhibit B to 

Deposit Account Control Agreement 

CREDIT SUISSE AG 
 Eleven Madison
Avenue 
 New York, New York 10010 
 [Date] 

[Name and Address of Financial Institution] 
 Attention: 

 

	 	Re:	Termination of Deposit Account Control Agreement  

 You are hereby notified that the
Deposit Account Control Agreement, dated as of [            ], 20[    ], among [NAME OF THE DEBTOR], you and the undersigned (a copy of which is
attached) is terminated and you have no further obligations to the undersigned pursuant to such Agreement. Notwithstanding any previous instructions to you, you are hereby instructed to accept all future directions with respect to account number(s)
[            ] from [NAME OF THE DEBTOR]. This notice terminates any obligations you may have to the undersigned with respect to such account, however nothing contained in
this notice shall alter any obligations which you may otherwise owe to [NAME OF THE DEBTOR] pursuant to any other agreement. 
 You
are instructed to deliver a copy of this notice by facsimile (or other electronic) transmission to the Debtor. 
  

			
	Very truly yours,
	
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 
			
		
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit B to Deposit Account Control Agreement 

 Exhibit C 

to Guarantee and Collateral Agreement 
 This
TRADEMARK SECURITY AGREEMENT, dated as of June 30, 2017 (as it may be amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is made by the entities identified as
grantors on the signature pages hereto (collectively, the “Grantors”) in favor of CREDIT SUISSE AG, as collateral agent for the Secured Parties (in such capacity, together with its successors and permitted
assigns, the “Collateral Agent”). 
 WHEREAS, the Grantors are party to a
Guarantee and Collateral Agreement, dated as of June 30, 2017 (as it may be amended, restated, supplemented or otherwise modified from time to time, the “Guarantee and Collateral Agreement”), between each of the Grantors
and the other grantors party thereto and the Collateral Agent pursuant to which the Grantors granted a security interest to the Collateral Agent in the Trademark Collateral (as defined below) and are required to execute and deliver this
Agreement. 
 NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the Grantors hereby agree with the Collateral Agent as follows: 
 SECTION 1. DEFINED TERMS 

Unless otherwise defined herein, terms defined in the Guarantee and Collateral Agreement and used herein have the meaning given to them in the Guarantee and
Collateral Agreement. 
 SECTION 2. GRANT OF SECURITY INTEREST IN TRADEMARK COLLATERAL 

SECTION 2.1 Grant of Security. Each Grantor hereby pledges, assigns, transfers and grants to the Collateral Agent, for the ratable benefit
of the Secured Parties, a security interest in all of the following property, in each case, wherever located and now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire
any right, title or interest (collectively, the “Trademark Collateral”) as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such
Grantor’s Obligations: 
 (a) all trademarks, trade names, corporate names, company names, business names, fictitious business
names, trade dress, service marks, certification marks, collective marks, logos, designs and other source or business identifiers, all registrations and recordings thereof, and all applications in connection therewith, whether in the United States
Patent and Trademark Office or in any similar office or agency of the United States, any State thereof or any other country, union of countries, or any political subdivision of any of the foregoing, or otherwise, and all common-law rights related
thereto, including any of the foregoing listed in Schedule A, (ii) the right to, and to obtain, all renewals thereof, (iii) the goodwill 

  
 Exhibit C-1 

 
of the business connected with the use of and symbolized by the foregoing, (iv) general intangibles of a like nature, (v) the right to sue or otherwise recover for past, present and
future infringement, dilution or other violation of any of the foregoing or for any injury to goodwill, and all Proceeds of the foregoing, including license fees, royalties, income, payments, claims, damages and proceeds of suit, and (vi) all
other rights accruing thereunder or pertaining thereto throughout the world (collectively, “Trademarks”); and 
 (b) all
agreements, licenses and covenants providing for the granting of any right in or to any Trademark, or otherwise providing for a covenant not to sue for infringement, dilution or other violation of any Trademark (collectively, “Trademark
Agreements”). 
 SECTION 2.2 Certain Limited Exclusions. Notwithstanding anything herein to the contrary, in no event shall the
Trademark Collateral include or the security interest granted under Section 2.1 hereof attach to any “intent-to-use” 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(c) of the Lanham Act with respect thereto, 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. 

SECTION 3. Guarantee and collateral Agreement 
 The
security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Collateral Agent for the Secured Parties pursuant to the Guarantee and Collateral Agreement, and the Grantors hereby acknowledge
and affirm that the rights and remedies of the Collateral Agent with respect to the security interest in the Trademark Collateral made and granted hereby are more fully set forth in the Guarantee and Collateral Agreement, the terms and provisions of
which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the Guarantee and Collateral Agreement, the provisions of the Guarantee and Collateral Agreement
shall control. 
 SECTION 4. Governing Law 
 THIS
AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ALL CLAIMS AND CONTROVERSIES ARISING OUT OF THE SUBJECT MATTER HEREOF WHETHER SOUNDING IN CONTRACT LAW, TORT LAW OR OTHERWISE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF ANY OTHER LAW (OTHER THAN ANY MANDATORY PROVISIONS OF LAW RELATING TO

  
 Exhibit C-2 

 
THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST). 
 SECTION 5.
Counterparts 
 This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts, each of which when
so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. 

[Remainder of page intentionally left blank] 

  
 Exhibit C-3 

 IN WITNESS WHEREOF, each Grantor has caused this Agreement to be executed and delivered by its duly
authorized officer as of the date first set forth above. 
  

			
	[NAME OF GRANTOR]
		
	      By:	 	
		 	  

		 	Name:
		 	Title:

  
 Exhibit C-4 

 
			
	 CREDIT SUISSE AG, CAYMAN
 ISLANDS
BRANCH,
 as Collateral Agent

		
	      By:	 	
		 	  

		 	Name:
		 	Title:
		
	      By:	 	
		 	  

		 	Name:
		 	Title:

  
 Exhibit C-5 

 SCHEDULE A 

to 
 TRADEMARK SECURITY
AGREEMENT 
 TRADEMARK REGISTRATIONS AND APPLICATIONS 

 

									
	 Mark
	  	 Serial No.
	  	 Filing Date
	  	 Registration No.
	  	 Registration Date

		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

 TRADEMARK AGREEMENTS 

  
 Exhibit C-6 

 Exhibit D 

to Guarantee and Collateral Agreement 

FORM OF PATENT SECURITY AGREEMENT 

This PATENT SECURITY AGREEMENT, dated as of
[                    ], 20[        ] (as it may be amended, restated, supplemented or otherwise
modified from time to time, this “Agreement”), is made by the entities identified as grantors on the signature pages hereto (collectively, the “Grantors”) in favor of CREDIT
SUISSE AG, as collateral agent for the Secured Parties (in such capacity, together with its successors and permitted assigns, the “Collateral Agent”). 

WHEREAS, the Grantors are party to a Guarantee and Collateral Agreement, dated as of June 30, 2017 (as it may be amended, restated, supplemented
or otherwise modified from time to time, the “Guarantee and Collateral Agreement”), between each of the Grantors and the other grantors party thereto and the Collateral Agent pursuant to which the Grantors granted a security
interest to the Collateral Agent in the Patent Collateral (as defined below) and are required to execute and deliver this Agreement. 
 NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantors hereby agree with the Collateral Agent as follows: 

SECTION. 1. DEFINED TERMS 
 Unless otherwise defined
herein, terms defined in the Guarantee and Collateral Agreement and used herein have the meaning given to them in the Guarantee and Collateral Agreement. 

SECTION 2. GRANT OF SECURITY INTEREST 
 Each
Grantor hereby pledges, assigns, transfers and grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in all of the following property, in each case, wherever located and now owned or at any time
hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Patent Collateral”) as collateral security for the prompt and
complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such Grantor’s Obligations: 

(a) all letters of patent of the United States, any other country, union of countries or any political subdivision of any of the foregoing, all
reexaminations, reissues and extensions thereof, including any of the foregoing listed in Schedule A, (ii) all applications for letters of patent of the United States or any other country or union of countries or any political subdivision of
any of the foregoing and all divisionals, continuations and continuations-in-part thereof, including any of the foregoing listed in Schedule A, (iii) all rights to, and to obtain, any reissues or extensions of the foregoing, (iv) all
Proceeds of the foregoing, including license fees, royalties, income, payments, claims, damages and proceeds of suit 

  
 Exhibit D-1 

 
now or hereafter due and/or payable with respect thereto, (v) the right to sue or otherwise recover for any past, present and future infringement or other violation thereof, and
(vi) all other rights accruing thereunder or pertaining thereto throughout the world (collectively, “Patents”); and 
 (b) all
agreements, licenses and covenants providing for the granting of any right in or to any Patent, or otherwise providing for a covenant not to sue for infringement or other violation of any Patent, including those in which a Grantor is a licensor or
licensee thereunder (collectively, “Patent Agreements”). 
 SECTION 3. GUARANTEE AND COLLATERAL AGREEMENT 

The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Collateral Agent for the Secured
Parties pursuant to the Guarantee and Collateral Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Collateral Agent with respect to the security interest in the Patent Collateral made and granted hereby
are more fully set forth in the Guarantee and Collateral Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the
Guarantee and Collateral Agreement, the provisions of the Guarantee and Collateral Agreement shall control. 
 SECTION 4. Governing Law 

THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ALL CLAIMS AND CONTROVERSIES ARISING OUT OF THE SUBJECT MATTER HEREOF WHETHER
SOUNDING IN CONTRACT LAW, TORT LAW OR OTHERWISE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF
ANY OTHER LAW (OTHER THAN ANY MANDATORY PROVISIONS OF LAW RELATING TO THE LAW GOVERNING PERFECTION AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST). 

SECTION 5. Counterparts 
 This Agreement may be executed
in one or more counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. 

[Remainder of page intentionally left blank] 

  
 EXHIBIT D-2 

 IN WITNESS WHEREOF, each Grantor has caused this Agreement to be executed and delivered by its duly
authorized officer as of the date first set forth above. 
  

			
	[NAME OF GRANTOR]
		
	      By:	 	
		 	  

		 	Name:
		 	Title:

  
 EXHIBIT D-3 

 
			
	 CREDIT SUISSE AG, CAYMAN
 ISLANDS
BRANCH,

	as Collateral Agent
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:

  
 EXHIBIT D-4 

 SCHEDULE A 

to 
 PATENT SECURITY
AGREEMENT 
 PATENTS AND PATENT APPLICATIONS 
  

									
	 Title
	  	 Application No.
	  	 Filing Date
	  	 Patent No.
	  	 Issue Date

PATENT AGREEMENTS 

EXHIBIT D-5 

 Exhibit E 

to Guarantee and Collateral Agreement 

FORM OF COPYRIGHT SECURITY AGREEMENT 

This COPYRIGHT SECURITY AGREEMENT, dated as of
[                    ], 20[        ] (as it may be amended, restated, supplemented or otherwise
modified from time to time, this “Agreement”), is made by the entities identified as grantors on the signature pages hereto (collectively, the “Grantors”) in favor of CREDIT
SUISSE AG, as collateral agent for the Secured Parties (in such capacity, together with its successors and permitted assigns, the “Collateral Agent”). 

WHEREAS, the Grantors are party to a Guarantee and Collateral Agreement, dated as of June 30, 2017 (as it may be amended, restated, supplemented
or otherwise modified from time to time, the “Guarantee and Collateral Agreement”), between each of the Grantors and the other grantors party thereto and the Collateral Agent pursuant to which the Grantors granted a security
interest to the Collateral Agent in the Copyright Collateral (as defined below) and are required to execute and deliver this Agreement. 
 NOW,
THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Grantors hereby agree with the Collateral Agent as follows: 

SECTION 1. Defined Terms 
 Unless otherwise defined
herein, terms defined in the Guarantee and Collateral Agreement and used herein have the meaning given to them in the Guarantee and Collateral Agreement. 

SECTION 2. Grant of Security Interest 
 Each
Grantor hereby pledges, assigns, transfers and grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in all of the following property, in each case, wherever located and now owned or at any time
hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Copyright Collateral”) as collateral security for the prompt and
complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such Grantor’s Obligations: 

(a) all copyrights arising under the laws of the United States, any other country, or union of countries, or any political subdivision
of any of the foregoing, whether registered or unregistered and whether published or unpublished (including the registered copyrights and applications listed in Schedule A), all registrations and recordings thereof, and all applications in
connection therewith, including all registrations, recordings and applications in the United States Copyright Office, (ii) the right to, and to obtain, all extensions and renewals thereof, and the right to sue or otherwise recover for
past, present and future infringements or other violations of any of the foregoing and (iii) all Proceeds of the foregoing, including license fees, royalties, income, payments, claims, damages, and proceeds of suit, and (iv) all
other rights accruing thereunder or pertaining thereto throughout the world (collectively, “Copyrights”); and 
  

  
 Exhibit E-1 

 (b) any and all agreements, licenses and covenants providing for the granting of any exclusive
right to such Grantor in or to any registered Copyright and the right to sue or otherwise recover for past, present and future infringement or other violation or impairment thereof, including the right to receive all Proceeds therefrom, including
without limitation license fees, royalties, income, payments, claims, damages and proceeds of suit, now or hereafter due and/or payable with respect thereto (collectively, “Copyright Agreements”). 

SECTION 3. guarantee and collateral Agreement 
 The
security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Collateral Agent for the Secured Parties pursuant to the Guarantee and Collateral Agreement, and the Grantors hereby acknowledge
and affirm that the rights and remedies of the Collateral Agent with respect to the security interest in the Copyright Collateral made and granted hereby are more fully set forth in the Guarantee and Collateral Agreement, the terms and provisions of
which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the Guarantee and Collateral Agreement, the provisions of the Guarantee and Collateral Agreement
shall control. 
 SECTION 4. Governing Law 
 THIS
AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND ALL CLAIMS AND CONTROVERSIES ARISING OUT OF THE SUBJECT MATTER HEREOF WHETHER SOUNDING IN CONTRACT LAW, TORT LAW OR OTHERWISE SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND
ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAW PROVISIONS THAT WOULD RESULT IN THE APPLICATION OF ANY OTHER LAW (OTHER THAN ANY MANDATORY PROVISIONS OF LAW RELATING TO THE LAW GOVERNING PERFECTION
AND THE EFFECT OF PERFECTION OF THE SECURITY INTEREST). 
 SECTION 5. Counterparts 

This Agreement may be executed in one or more counterparts and by different parties hereto in separate counterparts, each of which when so executed and
delivered shall be deemed an original, but all such counterparts together shall constitute but one and the same instrument. 
 [Remainder of
page intentionally left blank] 

  
 Exhibit E-2 

 IN WITNESS WHEREOF, each Grantor has caused this Agreement to be executed and delivered by its duly
authorized officer as of the date first set forth above. 
  

	
	[NAME OF GRANTOR]
	
	        By:                             
                    
	        Name:
	        Title:

  
 Exhibit E-3 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:

  
 Exhibit E-4 

 SCHEDULE A 

to 
 COPYRIGHT SECURITY
AGREEMENT 
 COPYRIGHT REGISTRATIONS AND APPLICATIONS 

 

									
	 Title
	  	 Application No.
	  	 Filing Date
	  	 Registration No.
	  	 Registration Date

COPYRIGHT AGREEMENTS 
  

					
	 Description of Copyright License
	  	 Name of Licensor
	  	 Registration Number of underlying
Copyright

  
 Exhibit E-5 

 Exhibit F to 

First Lien Guarantee and Collateral Agreement 

UNCERTIFICATED SECURITIES CONTROL AGREEMENT 

This Uncertificated Securities Control Agreement dated as of
[                ], 20[        ] (this “Control
Agreement”) among [                ], a
[                ] (the “Pledgor”), CREDIT SUISSE AG, in its capacity as collateral agent (in such capacity,
including any successor thereto, the “Collateral Agent”) for the Secured Parties and [                ], a
[                ] (the “Issuer”). Capitalized terms used but not defined herein shall have the meaning
assigned to such terms in the Credit Agreement, dated as of June 30, 2017 (as may be amended, restated, replaced, refinanced, supplemented or otherwise modified from time to time, the “Credit Agreement”), among AAC
HOLDINGS, INC., a Nevada corporation, the Lenders from time to time party thereto, and CREDIT SUISSE AG, as the Administrative Agent and as the Collateral Agent. All references herein to the “UCC” shall mean the Uniform
Commercial Code as in effect in the State of New York. 
 Section 1. Registered Ownership of Securities. The Issuer hereby
confirms and agrees that as of the date hereof the Pledgor is the registered owner of [                ] of the Issuer (the “Pledged
Securities”) and the Issuer shall not change the registered owner of the Pledged Securities without the prior written consent of the Collateral Agent. 

Section 2. Instructions. If at any time upon the occurrence and during the continuance of an Event of Default the Issuer shall receive
instructions originated by the Collateral Agent relating to the Pledged Securities, the Issuer shall comply with such instructions without further consent by the Pledgor or any other Person. 

Section 3. Additional Representations and Warranties of the Issuer. The Issuer hereby represents and warrants to the Collateral Agent: 

(a) It has not entered into, and until the termination of this Control Agreement will not enter into, any agreement with any other person relating the Pledged
Securities pursuant to which it has agreed to comply with instructions issued by such other person; and 
 (b) It has not entered into, and until the
termination of this Control Agreement will not enter into, any agreement with the Pledgor or the Collateral Agent purporting to limit or condition the obligation of the Issuer to comply with Instructions as set forth in Section 2 hereof. 

(c) Except for the claims and interest of the Collateral Agent and of the Pledgor in the Pledged Securities, the Issuer does not know of any claim to, or
interest in, the Pledged Securities. If any person asserts any lien, encumbrance or adverse claim (including any writ, garnishment, judgment, warrant of attachment, execution or similar process) against the Pledged Securities, the Issuer will
promptly notify the Collateral Agent and the Pledgor thereof. 
 (d) This Control Agreement is the valid and legally binding obligation of the Issuer. 

  
 Exhibit F-1 

 Section 4. Choice of Law. This Agreement shall be construed in accordance with and governed by the
laws of the State of New York. 
 Section 5. Conflict with Other Agreements. In the event of any conflict between this Control Agreement
(or any portion thereof) and any other agreement now existing or hereafter entered into, the terms of this Control Agreement shall prevail. No amendment or modification of this Control Agreement or waiver of any right hereunder shall be binding on
any party hereto unless it is in writing and is signed by all of the parties hereto.  
 Section 6. Voting Rights. Until such time as the
Collateral Agent shall otherwise instruct the Issuer in writing, the Pledgor shall have the right to vote the Pledged Securities. 

Section 7. Successors; Assignment. The terms of this Control Agreement shall be binding upon, and shall inure to the benefit of, the parties
hereto and their respective corporate successors or heirs and personal representatives who obtain such rights solely by operation of law. The Collateral Agent may assign its rights hereunder only with the express written consent of the Issuer and by
sending written notice of such assignment to the Pledgor. 
 Section 8. Indemnification of Issuer. The Pledgor and the Collateral Agent
hereby agree that (a) the Issuer is released from any and all liabilities to the Pledgor and the Collateral Agent arising from the terms of this Control Agreement and the compliance in good faith of the Issuer with the terms hereof, except to
the extent that such liabilities arise from the Issuer’s gross negligence, bad faith or willful misconduct and (b) the Pledgor, its successors and assigns shall at all times indemnify and save harmless the Issuer from and against any and
all losses, claims, damages, liabilities and related expenses, including reasonable documented counsel fees, charges and disbursements (other than the allocated costs of internal counsel) arising out of the terms of this Control Agreement or the
compliance in good faith of the Issuer with the terms hereof; provided that such indemnity shall not be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of
competent jurisdiction by final and non-appealable judgment to have resulted primarily from the gross negligence, bad faith or willful misconduct of the Issuer, until the termination of this Control Agreement. 

Section 9. Notices. Any notice, request or other communication required or permitted to be given under this Control Agreement shall be in writing
and deemed to have been properly given when delivered in person, or when sent by telecopy or other electronic means and electronic confirmation of error free receipt is received or two (2) days after being sent by certified or registered United
States mail, return receipt requested, postage prepaid, addressed to the party at the address set forth below. 
  

									
		 	Pledgor:	 	[                    ]	  		  	
		 		 	[                    ]	  		  	
		 		 	Attention: [                    ]	  		  	
		 		 	Telecopier: [                    ]	  		  	
					
		 	Collateral Agent:	 	CREDIT SUISSE AG	  		  	

  
 Exhibit F-2 

			
		  	Eleven Madison Avenue, 9th Floor
		  	New York, NY 10010
		  	Attention: Loan Operations – Boutique Management
		  	Tel: (212) 538-6106
		  	Facsimile No.: (212) 325-8315
		  	E-mail: list.ops-collateral@credit-suisse.com
		
	Issuer:	  	[                    ]
		  	[                    ]
		  	Attention: [                    ]
		  	Telecopier: [                    ]

 Any party may change its address for notices in the manner set forth above. 

Section 10. Termination. The obligations of the Issuer to the Collateral Agent pursuant to this Control Agreement shall continue in effect until
the security interests of the Collateral Agent in the Pledged Securities have been terminated pursuant to the terms of the Guarantee and Collateral Agreement and the Collateral Agent has notified the Issuer of such termination in writing. The
Collateral Agent agrees to provide Notice of Termination in substantially the form of Exhibit A hereto to the Issuer upon the termination of the Collateral Agent’s security interest in the Pledged Securities pursuant to the terms of the
Guarantee and Collateral Agreement. The termination of this Control Agreement shall not terminate the Pledged Securities or alter the obligations of the Issuer to the Pledgor pursuant to any other agreement with respect to the Pledged Securities.

 Section 11. Counterparts. This Control Agreement may be executed in counterparts (and by different parties hereto on different
counterparts), each of which shall constitute an original but all of which when taken together shall constitute a single contract. Delivery of an executed signature page to this Control Agreement by facsimile (or other electronic) transmission shall
be as effective as delivery of a manually signed counterpart of this Control Agreement. 
  

	
	[                    ],
	as Pledgor
	
	By:                                     
                                        

	Name:
	Title:

  
 Exhibit F-3 

 
	
	 CREDIT SUISSE AG, CAYMAN ISLANDS

BRANCH, as Collateral Agent

	
	
By:                  
                                         
          

	 Name:

	 Title:

	
	
By:                  
                                         
          

	 Name:

	 Title

	
	
[                   
 ],
 as Issuer

	
	
By:                  
                                         
          

	 Name:

	 Title:

  
 Exhibit F-4 

 Exhibit A to 

Uncertificated Securities Control Agreement 

CREDIT SUISSE AG 
 Eleven Madison
Avenue 
 New York, New York 10010 
 [Date] 

[Name and Address of Issuer] 
 Attention: 

 

	 	Re:	Termination of Control Agreement 

 Ladies and Gentlemen: 

You are hereby notified that the Uncertificated Securities Control Agreement, dated as of [    ],
201[    ] (the “Control Agreement”) among you, [                ] (the
“Pledgor”) and the undersigned (a copy of which is attached) is terminated and you have no further obligations to the undersigned pursuant to the Control Agreement. Notwithstanding any previous instructions to you, you are
hereby instructed to accept all future directions with respect to Pledged Securities (as defined in the Control Agreement) from the Pledgor. This notice terminates any obligations you may have to the undersigned with respect to the Pledged
Securities, however nothing contained in this notice shall alter any obligations which you may otherwise owe to the Pledgor pursuant to any other agreement. 

You are instructed to deliver a copy of this notice by facsimile (or other electronic) transmission to the Pledgor. 

 

	
	Very truly yours,
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as Collateral Agent
	
	By:                                     
                                
	Name:
	Title:
	
	By:                                     
                                
	Name:
	Title:

  
 Exhibit A to
Unceritficated Securities Collateral Agreement 

 Annex 1 to 

Guarantee and Collateral Agreement 

ASSUMPTION AGREEMENT dated as of [                ],
20[        ] (this “Assumption Agreement”), made by [                ], a
[                ] (the “Additional Grantor”), in favor of Credit Suisse AG, as collateral agent (in such capacity,
including any successor thereto, the “Collateral Agent”) for the Secured Parties (as defined in the Guarantee and Collateral Agreement (as hereinafter defined)). Capitalized terms not defined herein shall have
the meaning assigned to such terms in such Credit Agreement (as defined below). 
 W I T N E
S S E T H: 
 WHEREAS, AAC Holdings, Inc., a Nevada corporation (the “Company”),
the Lenders from time to time party thereto, and Credit Suisse AG, as the Administrative Agent and as Collateral Agent have entered into that certain Credit Agreement, dated as of June 30, 2017 (as may be amended, restated, replaced,
refinanced, supplemented or otherwise modified from time to time, the “Credit Agreement”); 
 WHEREAS,
in connection with the Credit Agreement, the Company and certain Subsidiaries of the Company (other than the Additional Grantor) have entered into the Guarantee and Collateral Agreement, dated as of June 30, 2017 (as amended, restated,
replaced, supplemented or otherwise modified from time to time, the “Guarantee and Collateral Agreement”), in favor of the Collateral Agent for the benefit of the Secured Parties; 

WHEREAS, the Credit Agreement requires the Additional Grantor to become a party to the Guarantee and Collateral Agreement; and 

WHEREAS, the Additional Grantor has agreed to execute and deliver this Assumption Agreement in order to become a party to the Guarantee and Collateral
Agreement; 
 NOW, THEREFORE, IT IS AGREED: 

1. Guarantee and Collateral Agreement. By executing and delivering this Assumption Agreement, the Additional
Grantor, as provided in Section 8.13 of the Guarantee and Collateral Agreement, hereby becomes a party to the Guarantee and Collateral Agreement as a Grantor thereunder with the same force and effect as if originally named therein as a Grantor
and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder. The information set forth in Annex 1 is hereby added to the information set forth in Schedules
[            ]1 to the Guarantee and Collateral Agreement. The Additional Grantor hereby represents and warrants that each of the
representations and warranties contained in Section 4 of the Guarantee and Collateral Agreement is true and correct on and as the date hereof (after giving effect to this Assumption Agreement) as if made on and as of such date. 

 
  

	1 	Refer to each Schedule which needs to be supplemented. 

  
 Exhibit A to
Unceritficated Securities Collateral Agreement 

 2. GOVERNING LAW. THIS ASSUMPTION AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH AND
GOVERNED BY THE LAWS OF THE STATE OF NEW YORK. 
 IN WITNESS WHEREOF, the undersigned has caused this Assumption Agreement to be duly executed and
delivered by its authorized officer as of the date first above written. 
  

			
	 [NAME OF GRANTOR]

		
	 By:
	 	  

		 	Name:
		 	Title:

  

  
 Exhibit A to
Unceritficated Securities Collateral Agreement

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