Document:

EX-10.1

 Exhibit 10.1 

BRIDGE CREDIT AGREEMENT 

Dated as of September 2, 2013 

Among 
 VERIZON COMMUNICATIONS
INC. 
 as Borrower, 

THE LENDERS NAMED HEREIN 

as Lenders, 
 and 

JPMORGAN CHASE BANK, N.A. 

as Administrative Agent 
  

 
 J.P. MORGAN SECURITIES LLC 

MORGAN STANLEY SENIOR FUNDING, INC. 

as Global Coordinators, 

MORGAN STANLEY SENIOR FUNDING, INC. 

as Syndication Agent, 

BANK OF AMERICA, N.A. 

BARCLAYS BANK PLC 
 as
Documentation Agents, 
 J.P. MORGAN SECURITIES LLC 

MORGAN STANLEY SENIOR FUNDING, INC. 

BARCLAYS BANK PLC 

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 

as Joint Lead Arrangers and Joint Bookrunners 

 TABLE OF CONTENTS 
  

							
	 	 	 	  	Page	 
		
	 ARTICLE I DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	  
			
	 SECTION 1.01.
	 	 Certain Defined Terms
	  	 	1	  
	 SECTION 1.02.
	 	 Computation of Time Periods; Terms Generally
	  	 	20	  
	 SECTION 1.03.
	 	 Accounting Terms
	  	 	21	  
	 SECTION 1.04.
	 	 Times of Day
	  	 	21	  
		
	 ARTICLE II AMOUNTS AND TERMS OF THE LOANS
	  	 	21	  
			
	 SECTION 2.01.
	 	 The Loans
	  	 	21	  
	 SECTION 2.02.
	 	 Making the Loans
	  	 	22	  
	 SECTION 2.03.
	 	 Repayment of Loans
	  	 	24	  
	 SECTION 2.04.
	 	 Termination or Reduction of the Commitments
	  	 	24	  
	 SECTION 2.05.
	 	 Interest
	  	 	25	  
	 SECTION 2.06.
	 	 Interest Rate Determination
	  	 	25	  
	 SECTION 2.07.
	 	 Optional Conversion of Loans
	  	 	26	  
	 SECTION 2.08.
	 	 Prepayments of Loans; Mandatory Commitment Reductions
	  	 	26	  
	 SECTION 2.09.
	 	 Increased Costs
	  	 	28	  
	 SECTION 2.10.
	 	 Illegality
	  	 	30	  
	 SECTION 2.11.
	 	 Payments and Computations
	  	 	30	  
	 SECTION 2.12.
	 	 Taxes
	  	 	31	  
	 SECTION 2.13.
	 	 Sharing of Payments, Etc.
	  	 	35	  
	 SECTION 2.14.
	 	 Evidence of Debt
	  	 	35	  
	 SECTION 2.15.
	 	 Fees
	  	 	36	  
	 SECTION 2.16.
	 	 Extension of Maturity
	  	 	37	  
		
	 ARTICLE III CONDITIONS TO EFFECTIVENESS AND LENDING
	  	 	37	  
			
	 SECTION 3.01.
	 	 Effective Date
	  	 	37	  
	 SECTION 3.02.
	 	 Funding Date
	  	 	38	  
	 SECTION 3.03.
	 	 Determinations Under Sections 3.01 and 3.02
	  	 	39	  
	 SECTION 3.04.
	 	 Actions During the Availability Period
	  	 	40	  
		
	 ARTICLE IV REPRESENTATIONS AND WARRANTIES
	  	 	40	  
			
	 SECTION 4.01.
	 	 Representations and Warranties of the Borrower
	  	 	40	  
		
	 ARTICLE V COVENANTS OF THE BORROWER
	  	 	42	  
			
	 SECTION 5.01.
	 	 Affirmative Covenants
	  	 	42	  
	 SECTION 5.02.
	 	 Negative Covenants
	  	 	45	  

  
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	 ARTICLE VI EVENTS OF DEFAULT
	  	 	47	  
			
	 SECTION 6.01.
	 	 Events of Default
	  	 	47	  
		
	 ARTICLE VII THE ADMINISTRATIVE AGENT
	  	 	49	  
			
	 SECTION 7.01.
	 	 Appointment and Authority
	  	 	49	  
	 SECTION 7.02.
	 	 Rights as a Lender
	  	 	49	  
	 SECTION 7.03.
	 	 Exculpatory Provisions
	  	 	50	  
	 SECTION 7.04.
	 	 Reliance by Administrative Agent
	  	 	50	  
	 SECTION 7.05.
	 	 Delegation of Duties
	  	 	51	  
	 SECTION 7.06.
	 	 Resignation of Administrative Agent
	  	 	51	  
	 SECTION 7.07.
	 	 Non-Reliance on Administrative Agent and Other Lenders
	  	 	52	  
	 SECTION 7.08.
	 	 No Other Duties, Etc.
	  	 	52	  
		
	 ARTICLE VIII MISCELLANEOUS
	  	 	52	  
			
	 SECTION 8.01.
	 	 Amendments, Etc.
	  	 	52	  
	 SECTION 8.02.
	 	 Notices, Communications and Treatment of Information
	  	 	53	  
	 SECTION 8.03.
	 	 No Waiver; Remedies
	  	 	59	  
	 SECTION 8.04.
	 	 Costs and Expenses
	  	 	59	  
	 SECTION 8.05.
	 	 Right of Set off
	  	 	61	  
	 SECTION 8.06.
	 	 Binding Effect
	  	 	61	  
	 SECTION 8.07.
	 	 Assignments and Participations
	  	 	61	  
	 SECTION 8.08.
	 	 Governing Law
	  	 	65	  
	 SECTION 8.09.
	 	 Execution in Counterparts
	  	 	65	  
	 SECTION 8.10.
	 	 Jurisdiction, Etc.
	  	 	65	  
	 SECTION 8.11.
	 	 Waiver of Jury Trial
	  	 	66	  
	 SECTION 8.12.
	 	 USA Patriot Act
	  	 	66	  
	 SECTION 8.13.
	 	 Confidentiality
	  	 	66	  
	 SECTION 8.14.
	 	 No Fiduciary Duty
	  	 	67	  
	 SECTION 8.15.
	 	 ENTIRE AGREEMENT
	  	 	67	  

  
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 Schedules 
  

					
	Schedule 2.01	 	-	  	Commitments
	Schedule 4.01(j)	 	-	  	Restricted Subsidiaries

 Exhibits 

 

					
	Exhibit A	 	-	  	Form of Note
	Exhibit B	 	-	  	Form of Notice of Borrowing
	Exhibit C	 	-	  	Form of Assignment and Assumption
	Exhibit D-1	 	-	  	Form of U.S. Tax Certificate (For Foreign Lenders that are not Partnerships for U.S. Federal Income Tax Purposes)
	Exhibit D-2	 	-	  	Form of U.S. Tax Certificate (For Foreign Participants that are not Partnerships for U.S. Federal Income Tax Purposes)
	Exhibit D-3	 	-	  	Form of U.S. Tax Certificate (For Foreign Participants that are Partnerships for U.S. Federal Income Tax Purposes)
	Exhibit D-4	 	-	  	Form of U.S. Tax Certificate (For Foreign Lenders that are Partnerships for U.S. Federal Income Tax Purposes)
	Exhibit E	 	-	  	Form of Compliance Certificate
	Exhibit F	 	-	  	Funding Date Certificate
	Exhibit G	 	-	  	Form of Notice of Extension
	Exhibit H	 	-	  	Form of Officer’s Certificate (Extension of Maturity)

 Annexes 

 

					
	Annex I	 	-	  	Duration Fees

  
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 BRIDGE CREDIT AGREEMENT 

This Bridge Credit Agreement, dated as of September 2, 2013, is among Verizon Communications Inc., a Delaware corporation (the
“Borrower”), the Lenders from time to time party hereto and JPMorgan Chase Bank, N.A. (“JPMCB”), as administrative agent (in such capacity, the “Administrative Agent”). 

ARTICLE 1 
 DEFINITIONS AND
ACCOUNTING TERMS 
 Section 1.01. Certain Defined Terms. As used in this Agreement, the following terms shall have the following
meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined): 
 “Act” has
the meaning specified in Section 8.12. 
 “Additional Margin” means, with respect to any Eurodollar Rate Loan or Base
Rate Loan, (a) prior to the date 90 days after the Funding Date, 0.00% per annum, (b) thereafter and prior to the date 180 days after the Funding Date, 0.25% per annum, (c) thereafter and prior to the date 270 days after the
Funding Date, 0.50% per annum, (d) thereafter and prior to the date 365 days after the Funding Date, 0.75% per annum, (e) thereafter and prior to the date 450 days after the Funding Date, 1.00% per annum, (f) thereafter
and prior to the date 540 days after the Funding Date, 1.25% per annum, (g) thereafter and prior to the date that is 630 days after the Funding Date, 1.75% per annum and (h) thereafter, 2.25% per annum. 

“Administrative Agent” has the meaning specified in the preamble hereto. 

“Administrative Agent’s Account” means the account of the Administrative Agent specified by the Administrative Agent in
writing on or prior to the date hereof or another account of the Administrative Agent acceptable to the Borrower and the Administrative Agent. 

“Administrative Questionnaire” means an administrative questionnaire in a form supplied by the Administrative Agent. 

“Affiliate” means, as to any Person, any other Person that, directly or indirectly, controls, is controlled by or is under
common control with such Person or is a director or officer of such Person. For purposes of this definition, the term “control” (including the terms “controlling,” “controlled by” and “under
common control with”) of a Person means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of Voting Stock, by contract or
otherwise. 
 “Agency Fee Letter” means the Administrative Agency Fee Letter dated as of September 2, 2013 between the
Borrower and the Administrative Agent, as amended, restated, waived, supplemented or otherwise modified from time to time. 

“Agreement” means this Bridge Credit Agreement as it may be amended, restated, supplemented or otherwise modified from time
to time. 

 “Aggregate Commitment” means, with respect to any Lender, such Lender’s
aggregate Tranche A Commitment and Tranche B Commitment as of the Funding Date. 
 “Applicable Duration Fee Rate”
means, for each Duration Fee Payment Date, the applicable rate set forth on Annex I hereto, based upon the aggregate principal amount of the Loans outstanding on such Duration Fee Payment Date. 

“Applicable Lending Office” means, with respect to each Lender, such Lender’s Domestic Lending Office in the case of a
Base Rate Loan and such Lender’s Eurodollar Lending Office in the case of a Eurodollar Rate Loan. 
 “Applicable Rate”
means, for any day with respect to any Eurodollar Rate Loan or Base Rate Loan, the applicable rate per annum set forth below under the caption “Eurodollar Rate Margin” or “Base Rate Margin,” respectively, based upon the rating
level status that applies on such day: 
  

									
	 Rating Level Status
	  	Eurodollar
Rate
Margin	 	 	Base
Rate
Margin	 
	 Level I Status
	  	 	1.25	% 	 	 	0.25	% 
	 Level II Status
	  	 	1.50	% 	 	 	0.50	% 
	 Level III Status
	  	 	1.75	% 	 	 	0.75	% 
	 Level IV Status
	  	 	2.00	% 	 	 	1.00	% 

 The parties agree that, for purposes of determining whether on any day Level I Status, Level II Status, Level III Status or
Level IV Status applies, during any period during which there is no Rating from either Rating Agency, Level IV Status shall apply. If the Rating by either Rating Agency shall be changed (other than as a result of a change in the rating system of
such Rating Agency), such change shall be effective as of the date on which it is first announced by such Rating Agency. Each change in the Applicable Rate shall apply during the period commencing on the effective date of such change in Ratings and
ending on the date immediately preceding the effective date of the next such change in Ratings. In the event that the Ratings differ by one level, the Applicable Rate shall be at the level corresponding to the higher rating (i.e., towards Level I).
In the event that the Ratings differ by more than one level, the level applicable to the Rating shall be one level above (i.e., towards Level I) the lower of the two such differing levels. In the event that there is a Rating from only one Rating
Agency, the Applicable Rate shall be at the level which corresponds to such Rating. 
 “Approved Electronic Communications”
means each Communication that the Borrower is obligated to, or otherwise chooses to, provide to the Administrative Agent pursuant to any Loan Document or the transactions contemplated therein, including any financial statement, financial and other
report, notice, request, certificate and other information material; provided that, solely with respect to delivery of any such Communication by the Borrower to the Administrative Agent and without limiting or otherwise affecting either the
Administrative Agent’s right to effect delivery of such Communication by posting such Communication to the 

  
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Approved Electronic Platform or the protections afforded hereby to the Administrative Agent in connection with any such posting, “Approved Electronic Communications” shall exclude
(i) any notice of borrowing, notice of conversion or continuation, and any other notice, demand, communication, information, document and other material relating to a request for a new, or a conversion of an existing, Borrowing, (ii) any
notice pursuant to Section 2.04, Section 2.08 or Section 5.01(i)(iii) and any other notice relating to the payment of any principal or other amount due under any Loan Document or reduction or termination of Commitments prior to the
scheduled date therefor, (iii) all notices of any Default or Event of Default, (iv) any service of process and (v) any notice, demand, communication, information, document and other material required to be delivered to satisfy any of
the conditions set forth in Article 3 or any other condition to any Borrowing or any condition precedent to the effectiveness of this Agreement. 

“Approved Electronic Platform” has the meaning specified in Section 8.02(b)(i). 

“Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or
(c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Assignment and Assumption” means
an assignment and assumption entered into by a Lender and an Eligible Assignee, and accepted by the Administrative Agent, in substantially the form of Exhibit C hereto or any other form approved by the Administrative Agent (such approval not to be
unreasonably withheld or delayed) and (i) on or prior to the funding of the Loans on the Funding Date, the Borrower (in its sole discretion) and (ii) following funding of the Loans on the Funding Date, so long as no Event of Default under
Section 6.01(a) or (e) has occurred and is continuing, the Borrower (such approval of the Borrower not to be unreasonably withheld or delayed). 

“Authorized Officer” means the Chief Executive Officer, the Chief Financial Officer, the Treasurer, the Controller or the
General Counsel of the Borrower. 
 “Availability Period” means the period from and including the Effective Date to and
including the earliest of (a) the date immediately following the date the Share Acquisition is consummated with or without the funding of the Loans, (b) September 2, 2014, (c) the date of termination of the Transaction Agreement
in accordance with its terms or (d) the date of termination in full of the Commitments pursuant to Section 2.04(b) or 2.08. 

“Base Rate” means a fluctuating interest rate per annum which shall at any time be equal to the higher of: 

(a) the rate of interest announced publicly by JPMCB (or, in the event that a successor Administrative Agent is appointed
pursuant to Section 7.06, a bank of recognized standing selected by such successor Administrative Agent and satisfactory to the Borrower) in New York, New York from time to time as JPMCB’s (or such other bank’s) prime rate (the
“Prime Rate”); and 
 (b) 1/2 of 1% per annum above the Federal Funds Rate; 

  
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 provided that in no event shall such fluctuating interest rate per annum be less than the rate per annum
equal to 1% plus the rate appearing on Reuters Screen LIBOR01 Page (or on any successor or substitute page of such service, or any successor to or substitute for such service, providing rate quotations comparable to those currently provided on such
page of such service, as determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to US Dollar deposits in the London interbank market) at approximately 11:00 A.M., London time, on
such day (or if such day is not a Business Day, the immediately preceding Business Day), for US Dollar deposits with a term of one month. 

Each change in any interest rate provided for herein based upon the Base Rate resulting from a change in the Prime Rate, the Federal Funds
Rate or the rate appearing on Reuters Screen LIBOR01 Page (or successor or substitute therefor) as set forth above shall take effect at the time of such change in the Prime Rate, the Federal Funds Rate or such rate appearing on Reuters Screen
LIBOR01 Page (or successor or substitute therefor), respectively. 
 “Base Rate Loan” means a Loan that bears interest as
provided in Section 2.05(a)(i). 
 “Base Verizon Share Amount” has the meaning specified in the Transaction Agreement
(as in effect on the date hereof). 
 “Borrower” has the meaning specified in the preamble hereto. 

“Borrowing” means a borrowing consisting of simultaneous Loans of the same Type and, in the case of a borrowing of Eurodollar
Rate Loans, having the same Interest Period. 
 “Business Day” means a day (other than a Saturday or Sunday) on which banks
are not required or authorized by law to close in New York City, provided that, if the applicable Business Day relates to any Eurodollar Rate Loans, “Business Day” means a day (other than a Saturday or Sunday) of the year on which
banks are not required or authorized by law to close in New York City and on which dealings are carried on in the London interbank market. 

“Cash Consideration” has the meaning specified in the Transaction Agreement (as in effect on the date hereof). 

“Commercial Paper Rating” means, as of any date, the lowest rating that has been most recently announced by any of S&P
and Moody’s, as the case may be, for short-term public unsecured debt issued by the Borrower. For purposes of the foregoing, (a) if any rating established by S&P or Moody’s shall be changed, such change shall be effective as of
the date on which such change is first announced publicly by the rating agency making such change; and (b) if S&P or Moody’s shall change the basis on which ratings are established, each reference to the Commercial Paper Rating
announced by S&P or Moody’s, as the case may be, shall refer to the then equivalent rating by S&P or Moody’s, as the case may be. 

“Commitment” means, with respect to each Lender, the commitment, if any, of such Lender to make a Loan pursuant to
Section 2.01, expressed as an amount representing the principal amount of the Loan to be made by such Lender hereunder, as such amount may be reduced from time to time pursuant to Section 2.04 or 2.08 or reduced or increased pursuant to
Section 8.07. Such Commitments may be Tranche A Commitments or Tranche B Commitments. 

  
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Each reference herein to “Commitments” without specifying a Tranche of Commitments shall be deemed a reference to Commitments of both Tranches. 

“Communication” means each notice, demand, communication, information, document and other material provided for hereunder or
under any other Loan Document or otherwise transmitted between the parties hereto relating to this Agreement, the other Loan Documents, the Borrower or its Affiliates, or the transactions contemplated by this Agreement or the other Loan Documents
including, without limitation, all Approved Electronic Communications. 
 “Consolidated” refers to the consolidation of
accounts in accordance with GAAP. 
 “Consolidated Debt” means, as of any date of determination, the aggregate amount of
indebtedness for borrowed money, including indebtedness for borrowed money represented by notes, bonds, debentures or other similar evidences of indebtedness for borrowed money of the Borrower and its Consolidated Subsidiaries, excluding any such
indebtedness to the extent that the Borrower is required to, and has informed the Administrative Agent that it intends to, repay Loans with the Net Cash Proceeds of such indebtedness in accordance with Section 2.08 (including the applicable
time periods set forth therein). 
 “Convert,” “Conversion” and “Converted” each refers
to a conversion of Loans of one Type into Loans of the other Type pursuant to Section 2.07. 
 “Debt” of any Person
means, without duplication, (a) all indebtedness of such Person for borrowed money, (b) all obligations of such Person for the deferred purchase price of property or services (other than trade payables incurred in the ordinary course of
such Person’s business for which collection proceedings have not been commenced, provided that trade payables for which collection proceedings have commenced shall not be included in the term “Debt” so long as the payment of
such trade payables is being contested in good faith and by proper proceedings and for which appropriate reserves are being maintained), (c) all obligations of such Person evidenced by notes, bonds, debentures or other similar instruments,
(d) all obligations of such Person created or arising under any conditional sale or other similar title retention agreement with respect to property acquired by such Person (even though the rights and remedies of the seller or lender under such
agreement in the event of default are limited to repossession or sale of such property), (e) all obligations of such Person as lessee under leases that have been, in accordance with GAAP, recorded as capital leases, (f) all obligations of
such Person in respect of acceptances, letters of credit or similar extensions of credit, (g) all net obligations of such Person in respect of Hedge Agreements, (h) all Debt of others referred to in clauses (a) through (g) above
or clause (i) below guaranteed directly, or indirectly through a Subsidiary, by such Person, or in effect guaranteed directly, or indirectly through a Subsidiary, by such Person through a written agreement either (1) to pay or purchase
such Debt or to advance or supply funds for the payment or purchase of such Debt or (2) to purchase, sell or lease (as lessee or lessor) property, or to purchase or sell services, primarily for the purpose of enabling the debtor to make payment
of such Debt or to assure the holder of such Debt against loss and (i) all Debt referred to in clauses (a) through (h) above secured by (or for which the holder of such Debt has an existing right, contingent or otherwise, to be
secured by) any Lien on property (including, without limitation, accounts and contract rights) owned by such Person, even though such Person has not assumed or become liable for the payment of such Debt. 

  
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 “Debt Incurrence” means the incurrence after the date hereof by the Borrower or
any of its Subsidiaries of any indebtedness for borrowed money as to which the Borrower or such Subsidiary receives Net Cash Proceeds, excluding (i) indebtedness incurred pursuant to this Agreement, (ii) indebtedness of the Borrower to any
Subsidiary, (iii) indebtedness of any Subsidiary to the Borrower or any other Subsidiary, (iv) commercial paper financings in the ordinary course of business of the Borrower and its Subsidiaries or to fund a portion of the Transactions,
(v) any trade, vendor or customer finance-related financing in the ordinary course of business of the Borrower and its Subsidiaries, (vi) indebtedness (x) under the Three-Year Credit Agreement dated April 14, 2010 between the
Borrower and JPMorgan Chase Bank, N.A., as administrative agent and the other parties thereto as amended by the First Amendment and Restatement dated April 15, 2011 and the Second Amendment and Restatement dated August 13, 2012 (as
amended, restated, supplemented or otherwise modified or replaced from time to time, the “Existing Credit Agreement”) or (y) under any additional or replacement revolving credit facility; provided that the principal
amount of indebtedness referred to under subclauses (x) and (y) does not exceed $8,200,000,000 outstanding at any time in the aggregate, (vii) any refinancings, renewals or replacements of indebtedness or commitments for indebtedness
before or at maturity, to the extent such refinanced indebtedness is (x) existing on the Effective Date (or a refinancing of indebtedness permitted under this clause (vii)), (y) of any Person acquired after the Effective Date by the
Borrower or any Subsidiary and existing at the time of such acquisition (and not incurred in contemplation of such acquisition at the request of the Borrower) or (z) assumed by the Borrower or any Subsidiary in connection with an acquisition of
assets and existing at the time of such acquisition (and not incurred in contemplation of such acquisition at the request of the Borrower), in each case, that does not increase the aggregate principal or commitment amount thereof (plus accrued
unpaid interest and premium thereon and underwriting discounts, fees, commission and expenses), (viii) any indebtedness for borrowed money incurred by any Subsidiary of the Borrower that is organized outside the United States (whether or not
guaranteed by the Borrower or any of its Subsidiaries) in an aggregate principal amount not to exceed $100,000,000 in the aggregate, (ix) indebtedness issued or incurred in the ordinary course of business for working capital purposes,
(x) purchase money indebtedness, capital leases or indebtedness issued or incurred to finance the acquisition, construction or improvement of assets, in each case, in the ordinary course of business, (xi) indebtedness issued or incurred
for the acquisition or license of wireless spectrum and any deposits related to any such acquisition or license, (xii) any indebtedness the proceeds of which are used to fund pension plan contributions that are required by law (or in the
Borrower’s judgment to comply with future funding requirements), (xiii) indebtedness issued pursuant to the Omnitel Note, (xiv) indebtedness issued to Vodafone or any of its Subsidiaries pursuant to the Verizon Notes, the Term Note
and the Settlement Note and (xv) other incurrences of indebtedness in an aggregate principal amount of up to $5,000,000,000. 

“Default” means any Event of Default or any event that would constitute an Event of Default but for the requirement that
notice be given or time elapse or both. 
 “Defaulting Lender” means any Lender that (a) is a Non-Funding Lender
unless its failure to fund has been cured, (b) has otherwise failed to pay over to the Administrative Agent or any other Lender any other amount required to be paid by it hereunder within one Business Day of the date when due, unless the
subject of a good faith dispute or unless such failure has 

  
 -6- 

 
been cured or (c) has (or is a Subsidiary of a Person that has) been deemed insolvent or becomes the subject of a bankruptcy or insolvency proceeding. 

“Disposition” or “dispose” means the sale, transfer, license, lease or other disposition (including any sale
and leaseback transaction) of any property by any Person (or the granting of any option or other right to do any of the foregoing), including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts
receivable or any rights and claims associated therewith; provided that the term “Disposition” shall not include any loss of or damage to, or any condemnation or other taking of, any property. 

“Domestic Lending Office” means, with respect to any Lender, the office of such Lender specified as its “Domestic
Lending Office” in the Administrative Questionnaire delivered by such Lender to the Administrative Agent and the Borrower or in the Assignment and Assumption pursuant to which it became a Lender, or such other office of such Lender as such
Lender may from time to time specify to the Borrower and the Administrative Agent. 
 “Duration Fee Payment Date” means
each day (or if such day is not a Business Day, the next succeeding Business Day) listed under the heading “Duration Fee Payment Date” on Annex I hereto. 

“EBITDA” means, for any period, the Consolidated net income of the Borrower and its Consolidated Subsidiaries for such period
plus, to the extent deducted in computing such Consolidated net income for such period, the sum (without duplication) of (a) income and franchise tax expense, (b) Interest Expense, (c) depreciation, amortization and other
non-cash charges (except to the extent such non-cash charges represent an accrual of or reserve for cash expenses in any future period or an amortization of a prepaid cash expense paid in a prior period but including, for the avoidance of doubt, any
non-cash actuarial losses from pension and post-retirement plans), (d) extraordinary, unusual or otherwise non-recurring losses and charges (including non-recurring restructuring charges), (e) minority interest expense and (f) all
fees and expenses in connection with the transactions contemplated by the Transaction Agreement, minus, to the extent added in computing such Consolidated net income for such period (and without duplication), (a) any extraordinary,
unusual or otherwise non-recurring gains for such period and (b) other non-cash gains (except (i) in respect of which cash was received in a prior period or will be received in a future period or (ii) which represent the reversal in
such period of any accrual of, or cash reserve for, anticipated cash charges in any prior period where such accrual or reserve is no longer required but including, for the avoidance of doubt, any non-cash actuarial gains from pension and
post-retirement plans). If the Borrower engages in any Material Asset Acquisition or any Material Asset Sale (each as defined below), during any period in respect of which EBITDA is to be determined hereunder, such EBITDA will be determined on a pro
forma basis as if such Material Asset Acquisition or such Material Asset Sale occurred on the first day of the relevant period. For purposes of this definition, (i) “Material Asset Sale” means any Disposition of property or series of
related Dispositions of property that involves consideration (including non-cash consideration) with a fair market value in excess of $2,000,000,000 and (ii) “Material Asset Acquisition” means (x) the Transactions and
(y) any acquisition (whether by purchase, merger, consolidation or otherwise) of the assets or property of any other Person that involves consideration (including non-cash consideration) with a fair market value in excess of $2,000,000,000.

  
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 “Effective Date” means the first date on which the conditions set forth in
Section 3.01 are satisfied (or waived in accordance with Section 8.01). 
 “Eligible Assignee” means (i) a
Lender; (ii) an Affiliate or an Approved Fund of a Lender; (iii) a commercial bank organized under the laws of the United States, or any State thereof, and having total assets in excess of $5,000,000,000; (iv) a savings and loan
association or savings bank organized under the laws of the United States, or any State thereof, and having total assets in excess of $5,000,000,000; (v) a commercial bank organized under the laws of any other country that is a member of the
Organization for Economic Cooperation and Development or has concluded special lending arrangements with the International Monetary Fund associated with its General Arrangements to Borrow or of the Cayman Islands, or a political subdivision of any
such country, and having total assets in excess of $5,000,000,000 so long as such bank is acting through a branch or agency located in the United States or in the country in which it is organized or another country that is described in this clause
(v); (vi) the central bank of any country that is a member of the Organization for Economic Cooperation and Development; or (vii) any other Person approved by the Administrative Agent and the Borrower, such approval not to be unreasonably
withheld or delayed (and, in the case of approval by the Borrower with respect to any assignment after the funding of the Loans on the Funding Date, such approval (A) to be deemed to have been given if the Borrower shall not have provided a
response within ten Business Days of a written request for approval and (B) not to be required if an Event of Default under Section 6.01(a) or Section 6.01(e) has occurred and is continuing); provided, however, that none
of the Borrower, any of the Borrower’s Affiliates or any Defaulting Lender shall qualify as an Eligible Assignee. 

“Environmental Action” means any action, suit, demand, demand letter, claim, notice of noncompliance or violation, notice of
liability or potential liability, investigation, proceeding, consent order or consent agreement relating in any way to any Environmental Law, Environmental Permit or Hazardous Materials or arising from alleged injury or threat of injury to health,
safety or the environment, including, without limitation, (a) by any governmental or regulatory authority for enforcement, cleanup, removal, response, remedial or other actions or damages and (b) by any governmental or regulatory authority
or any third party for damages, contribution, indemnification, cost recovery, compensation or injunctive relief. 
 “Environmental
Law” means any Federal, state, local or foreign statute, law, ordinance, rule, regulation, code, order, judgment, decree or judicial or agency interpretation, policy or guidance relating to pollution, protection of the environment or
natural resources or the effect of the environment on human health, including, without limitation, those relating to the use, handling, transportation, treatment, storage, disposal, release or discharge of Hazardous Materials. 

“Environmental Permit” means any permit, approval, identification number, license or other authorization required under any
Environmental Law. 
 “Equity Issuance” means any issuance or sale by the Borrower after the date hereof of (a) any of
its capital stock or equivalent interests, (b) any warrants or options exercisable in respect of its capital stock or equivalent interests or (c) any other security or instrument representing an equity interest (or the right to obtain any
equity interest) in the Borrower; provided that “Equity 

  
 -8- 

 
Issuance” shall not include any such issuance or sale (i) pursuant to employee and other benefit plans established in the ordinary course of business, (ii) pursuant to Verizon
Communications Direct Invest and any substantially similar successor thereto or replacement thereof, (iii) as consideration for any acquisition (other than the Transactions), (iv) in connection with the steps taken to consummate the
Transactions pursuant to the Transaction Agreement or (v) to third parties to the extent the proceeds thereof are intended to be applied by the Borrower as consideration for the Share Acquisition and the amount of the Cash Consideration
contemplated by the Transaction Agreement on the Effective Date is increased by the amount of such proceeds; provided that any proceeds under this clause (v) that are not so applied shall be proceeds of an Equity Issuance. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and the regulations
promulgated and rulings issued thereunder. 
 “ERISA Affiliate” means, with respect to the Borrower, any Person that for
purposes of Title IV of ERISA is a member of the Borrower’s controlled group, or under common control with the Borrower, within the meaning of Section 414 of the Internal Revenue Code. 

“ERISA Event” means, with respect to the Borrower, (a) the occurrence of a reportable event, within the meaning of
Section 4043 of ERISA, with respect to any Plan unless the 30-day notice requirement with respect to such event has been waived by the PBGC; (b) the provision by the administrator of any Plan of a notice of intent to terminate such Plan
pursuant to Section 4041(a)(2) of ERISA (including any such notice with respect to a plan amendment referred to in Section 4041(e) of ERISA); (c) the cessation of operations at a facility of the Borrower or any ERISA Affiliate in the
circumstances described in Section 4062(e) of ERISA; (d) the withdrawal by the Borrower or any ERISA Affiliate from a Multiple Employer Plan during a plan year for which it was a substantial employer, as defined in Section 4001(a)(2)
of ERISA; (e) the imposition of a lien under Section 303(k) of ERISA with respect to any Plan; or (f) the institution by the PBGC of proceedings to terminate a Plan pursuant to Section 4042 of ERISA. 

“Eurocurrency Liabilities” has the meaning assigned to that term in Regulation D of the Board of Governors of the Federal
Reserve System, as in effect from time to time. 
 “Eurodollar Lending Office” means, with respect to any Lender, the
office of such Lender specified as its “Eurodollar Lending Office” in the Administrative Questionnaire delivered by such Lender to the Administrative Agent and the Borrower or in the Assignment and Assumption pursuant to which it became a
Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such Lender as such Lender may from time to time specify to the Borrower and the Administrative Agent. 

“Eurodollar Rate” means, for any Interest Period for each Eurodollar Rate Loan comprising part of the same Set, the rate
appearing on Reuters Screen LIBOR01 Page (or on any successor or substitute page of such service, or any successor to or substitute for such service, providing rate quotations comparable to those currently provided on such page of such service, as
determined by the Administrative Agent from time to time for purposes of providing quotations of interest rates applicable to US Dollar deposits in the London interbank market) at approximately 11:00 A.M., London time, two Business Days prior to the
commencement of such 

  
 -9- 

 
Interest Period, as the rate for US Dollar deposits with a maturity comparable to such Interest Period (the “Screen Rate”); provided that if the Screen Rate shall not be
available at the applicable time for the applicable Interest Period, then the Eurodollar Rate for such Interest Period shall be the Interpolated Rate. Notwithstanding the foregoing, the “Eurodollar Rate” for any such Interest Period shall
be the rate per annum obtained by dividing (i) the rate per annum obtained by application of the foregoing provisions of this definition by (ii) a percentage equal to 100% minus the Eurodollar Rate Reserve Percentage for such
Interest Period. 
 “Eurodollar Rate Loan” means a Loan that bears interest as provided in Section 2.05(a)(ii). 

“Eurodollar Rate Reserve Percentage” for any Interest Period for all Eurodollar Rate Loans comprising part of the same Set
means the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum
reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal Reserve System in New York City with respect to liabilities or assets consisting of or including
Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on Eurodollar Rate Loans is determined) having a term equal to such Interest Period. 

“Event of Default” has the meaning specified in Section 6.01. 

“Excluded Taxes” means, with respect to the Administrative Agent, any Lender or any other recipient of any payment to be made
by or on account of any obligation of the Borrower hereunder: (a) Taxes imposed on or measured by its overall net income (however denominated), franchise Taxes imposed on it (in lieu of net income Taxes) and branch profits or similar Taxes, in
each case, imposed by the jurisdiction (or any political subdivision thereof) (i) under the laws of which such recipient is organized or in which its principal office is located or, in the case of any Lender, in which its Applicable Lending
Office is located or (ii) where the recipient otherwise has a present or former connection (other than by reason of the activities and transactions specifically contemplated by any Loan Document); (b) any backup withholding Tax that is
required by the Code to be withheld from amounts payable to a Lender that has failed to comply with Section 2.12(e); (c) in the case of a Foreign Lender, any U.S. withholding tax that (i) is imposed on amounts payable to such Foreign
Lender pursuant to the laws in force at the time such Foreign Lender becomes a party hereto (other than pursuant to an assignment demanded by the Borrower pursuant to Section 8.07(a)) or such Foreign Lender designates a new Applicable Lending
Office, except in each case, to the extent that, pursuant to Section 2.12, amounts with respect to such Taxes were payable either to such Foreign Lender’s assignor immediately before such Foreign Lender became a party hereto or to such
Foreign Lender immediately before it changed its Applicable Lending Office or (ii) is attributable to such Foreign Lender’s failure to comply with Section 2.12(e); and (d) any U.S. Federal withholding Taxes imposed under FATCA on
any amount payable in respect of such recipient as a result of the failure of such recipient to satisfy the applicable conditions for exemption from such withholding as set forth under FATCA. 

  
 -10- 

 “Existing Credit Agreement” has the meaning specified in the definition of
“Debt Incurrence”. 
 “Extended Maturity Date” means the date that is three hundred sixty four (364) days
after the Maturity Date, provided that, if such date shall not be a Business Day, the Extended Maturity Date shall be the immediately preceding Business Day. 

“FATCA” means sections 1471 through 1474 of the Internal Revenue 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) and any Treasury regulations promulgated thereunder or official interpretations thereof. 

“Federal Bankruptcy Code” means The Bankruptcy Reform Act of 1978, as heretofore and hereafter amended, and codified as 11
U.S.C. Section 101 et seq. 
 “Federal Funds Rate” means, for any day, the weighted average (rounded
upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal
Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the
Administrative Agent from three Federal funds brokers of recognized standing selected by it. 
 “Fee Letters” means the
Agency Fee Letter and the Syndication and Fee Letter. 
 “Foreign Lender” means any Lender that is not organized under the
laws of the United States, any State thereof or the District of Columbia. 
 “Fund” means any Person (other than a natural
Person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. 

“Funding Date” means the date following the Effective Date on which the conditions set forth in Section 3.02 are
satisfied (or waived in accordance with Section 8.01). 
 “GAAP” has the meaning specified in Section 1.03(a).

 “Governmental Authority” means the government of the United States or any other nation, or of any political subdivision
thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining
to government (including any supra-national bodies such as the European Union or the European Central Bank). 
 “Hazardous
Materials” means (a) petroleum and petroleum products, byproducts or breakdown products, radioactive materials, asbestos containing materials, polychlorinated biphenyls and radon gas and (b) any other chemicals, materials or
substances designated, 

  
 -11- 

 
classified or regulated as hazardous or toxic or as a pollutant or contaminant under any Environmental Law. 

“Hedge Agreements” means interest rate swap, cap or collar agreements, interest rate future or option contracts, currency
swap agreements, currency future or option contracts and other similar agreements. 
 “IFRS” means the International
Financial Reporting Standards set by the International Accounting Standards Board (or the Financial Accounting Standards Board of the American Institute of Certified Public Accountants or the SEC, as the case may be) or any successor thereto, as in
effect from time to time. 
 “Indemnified Party” has the meaning specified in Section 8.04(b). 

“Indemnified Taxes” means Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account
of any obligation of the Borrower hereunder. 
 “Information” has the meaning specified in Section 8.13. 

“Initial Lenders” means JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc., Bank of America, N.A. and Barclays
Bank PLC. 
 “Institution” has the meaning specified in the definition of “Related Indemnity Person”. 

“Interest Expense” means, for any period, the interest expense of the Borrower and its Consolidated Subsidiaries for such
period determined on a Consolidated basis in accordance with GAAP. 
 “Interest Period” means, for each Eurodollar Rate
Loan comprising part of the same Set, the period commencing on the date of such Eurodollar Rate Loan or the date of the Conversion of any Base Rate Loan into such Eurodollar Rate Loan and ending on the last day of the period selected by the Borrower
pursuant to the provisions below and, thereafter, with respect to Eurodollar Rate Loans, each subsequent period commencing on the last day of the immediately preceding Interest Period and ending on the last day of the period selected by the Borrower
pursuant to the provisions below (or the day provided pursuant to Section 2.06(c)). The duration of each such Interest Period shall be one, two, three or six months (or such other period, in the case of a period shorter than six months, as the
Administrative Agent may approve or, in the case of a period longer than six months, as each Lender may approve), as the Borrower may, except as set forth in Section 2.06(c), upon notice received by the Administrative Agent not later than 11:00
A.M. on the third Business Day prior to the first day of such Interest Period, select; provided, however, that: 
  

	 	(i)	no Interest Period shall end after the Maturity Date unless the Maturity Date shall have been extended pursuant to Section 2.16 in which case no Interest Period shall end after the Extended Maturity Date;

  

	 	(ii)	Interest Periods commencing on the same date for Eurodollar Rate Loans comprising part of the same Set shall be of the same duration; 

  
 -12- 

	 	(iii)	whenever the last day of any Interest Period would otherwise occur on a day other than a Business Day, the last day of such Interest Period shall be extended to occur on the next succeeding Business Day;
provided, however, that, if such extension would cause the last day of such Interest Period to occur in the next following calendar month, the last day of such Interest Period shall occur on the next preceding Business Day; and

  

	 	(iv)	whenever the first day of any Interest Period occurs on a day of an initial calendar month for which there is no numerically corresponding day in the calendar month that succeeds such initial calendar month by the
number of months equal to the number of months in such Interest Period, such Interest Period shall end on the last Business Day of such succeeding calendar month. 

“Internal Revenue Code” means the Internal Revenue Code of 1986, as amended from time to time, and the regulations
promulgated and rulings issued thereunder. 
 “Interpolated Rate” means, at any time, for any Interest Period for which
there shall not be a Screen Rate available at the applicable time (each, an “Impacted Interest Period”), the rate per annum (rounded to the same number of decimal places as the applicable Screen Rate) determined by the
Administrative Agent (which determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis between: (a) the applicable Screen Rate (for the longest period for which
the applicable Screen Rate is available) that is shorter than the Impacted Interest Period and (b) the applicable Screen Rate for the shortest period (for which such Screen Rate is available) that exceeds the Impacted Interest Period, in each
case, for such Interest Period. 
 “Joint Lead Arrangers” means J.P. Morgan Securities LLC, Morgan Stanley Senior Funding,
Inc., Barclays Bank PLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, in their capacities as Joint Lead Arrangers hereunder. 

“JPMCB” has the meaning specified in the preamble hereto. 

“Lender Appointment Period” has the meaning specified in Section 7.06. 

“Lenders” means the lenders party hereto as of the date hereof, and each Person that shall become a party hereto pursuant to
Section 8.07, in their capacities as Lenders hereunder. 
 “Level I Status” applies on any date if on such date the
Borrower’s Rating is A- or higher by S&P or A3 or higher by Moody’s, subject to the last paragraph of the definition of “Applicable Rate” hereunder. 

“Level II Status” applies on any date if on such date (i) Level I Status does not apply and (ii) the
Borrower’s Rating is BBB+ or higher by S&P or Baa1 or higher by Moody’s, subject to the last paragraph of the definition of “Applicable Rate” hereunder. 

“Level III Status” applies on any date if on such date (i) neither Level I Status nor Level II Status applies and
(ii) the Borrower’s Rating is BBB or higher by S&P or Baa2 or higher by Moody’s, subject to the last paragraph of the definition of “Applicable Rate” hereunder. 

  
 -13- 

 “Level IV Status” applies on any date if none of Level I Status, Level II Status
or Level III Status applies on such date. 
 “Leverage Ratio” means, on the last day of any period of four fiscal quarters
of the Borrower, the ratio of (a) Consolidated Debt to (b) EBITDA for such period. 
 “Lien” means any
lien, security interest or other charge or encumbrance of any kind. 
 “Loan” means a loan by a Lender to the Borrower
pursuant to this Agreement and refers to a Base Rate Loan or a Eurodollar Rate Loan. Each of a Base Rate Loan and a Eurodollar Rate Loan shall be a “Type” of Loan. 

“Loan Documents” means, collectively, this Agreement and the Notes, if any. 

“Material Adverse Change” means any material adverse change in the business, financial condition or results of operations of
the Borrower and its Subsidiaries taken as a whole. 
 “Material Adverse Effect” means a material adverse effect on
(a) the financial condition or operations of the Borrower and its Subsidiaries, taken as a whole or (b) the ability of the Borrower to perform its obligations under this Agreement or any Note. 

“Materially Adverse Modification” has the meaning specified in Section 3.02(a). 

“Maturity Date” means the date that is 364 days after the Funding Date, provided that, if such date shall not be a
Business Day, the Maturity Date shall be the immediately preceding Business Day. 
 “Moody’s” means Moody’s
Investors Service, Inc. 
 “Multiemployer Plan” means, with respect to the Borrower, a multiemployer plan, as defined in
Section 4001(a)(3) of ERISA, to which the Borrower or any ERISA Affiliate is making or accruing an obligation to make contributions, or has within any of the preceding five plan years made or accrued an obligation to make contributions. 

“Multiple Employer Plan” means, with respect to the Borrower, a Single Employer Plan that (a) is maintained for
employees of the Borrower or any ERISA Affiliate and at least one Person other than the Borrower and the ERISA Affiliates or (b) was so maintained and in respect of which the Borrower or any ERISA Affiliate could have liability under
Section 4064 or 4069 of ERISA in the event such plan has been or were to be terminated. 
 “Net Cash Proceeds” means,
(a) with respect to any Specified Asset Sale by the Borrower or any of its Subsidiaries, the aggregate amount of all cash (which term, for the purpose of this definition, shall include cash equivalents) proceeds (including any cash proceeds
received by way of deferred payment of principal pursuant to a note or installment receivable or purchase price adjustment or otherwise, but only as and when received) actually received by the Borrower or such Subsidiary in respect of such Specified
Asset Sale, net of (i) all reasonable attorneys’ fees, accountants’ fees, brokerage, consultant and other customary fees and commissions, title and recording tax expenses and other reasonable fees and expenses incurred by the Borrower
or 

  
 -14- 

 
such Subsidiary in connection therewith, (ii) all taxes paid or reasonably estimated to be payable as a result thereof, (iii) all payments made, and all installment payments required to
be made, with respect to any obligation (x) that is secured by any assets subject to such Specified Asset Sale, in accordance with the terms of any Lien upon such assets, or (y) that must by its terms, or in order to obtain a necessary
consent to such Specified Asset Sale, or by applicable law, be repaid out of the proceeds from such Specified Asset Sale, (iv) all distributions and other payments required to be made to minority interest holders in Subsidiaries or joint
ventures as a result of such Specified Asset Sale, or to any other Person (other than the Borrower or any of its Subsidiaries) owning a beneficial interest in the assets disposed of in such Specified Asset Sale, and (v) the amount of any
reserves established by the Borrower or any of its Subsidiaries in accordance with GAAP to fund purchase price or similar adjustments, indemnities or liabilities, contingent or otherwise, reasonably estimated to be payable in connection with such
Specified Asset Sale (provided that to the extent and at the time any such amounts are released from such reserve, such amounts shall constitute Net Cash Proceeds); provided that any proceeds from any Disposition by Verizon Wireless and/or
its Subsidiaries on or prior to the fifth Business Day following the Funding Date shall be deemed not to constitute Net Cash Proceeds to the extent any such proceeds are used or intended by the Borrower in good faith to be used to refinance, renew
or replace indebtedness, before or at maturity, of Verizon Wireless or any of its Subsidiaries maturing on or prior to February 1, 2014, and any such proceeds that otherwise would constitute Net Cash Proceeds and are not so used shall become
Net Cash Proceeds on the fifth Business Day following the Funding Date and (b) with respect to any Equity Issuance or Debt Incurrence, the aggregate amount of all cash proceeds actually received by the Borrower and its Subsidiaries in respect
of such Equity Issuance or Debt Incurrence, net of reasonable fees, expenses, costs, underwriting discounts and commissions incurred by the Borrower and its Subsidiaries in connection therewith and net of taxes paid or reasonably estimated to be
payable as a result thereof; provided that, except to the extent applied as consideration for the Transactions, any proceeds from any Debt Incurrence by Verizon Wireless and/or its Subsidiaries shall be deemed not to constitute Net Cash
Proceeds until the fifth Business Day following the Funding Date and any such proceeds that otherwise would constitute Net Cash Proceeds shall become Net Cash Proceeds on such fifth Business Day following the Funding Date; provided further
that if the Borrower or any of its Subsidiaries receives proceeds that would otherwise constitute Net Cash Proceeds from any Specified Asset Sale, then so long as at the time of receipt of such proceeds and at the proposed time of the reinvestment
or commitment to reinvest such proceeds, no Default shall be continuing, the Borrower or such Subsidiary may use, or commit to use, any portion of such proceeds (the “Reinvestment Amount”) to acquire, construct, improve, upgrade or
repair assets useful in the business of the Borrower or its Subsidiaries or to consummate any business acquisition, and in each case, the Reinvestment Amount shall only constitute Net Cash Proceeds to the extent (A) not so used (or committed to
be used pursuant to a bona fide third-party contract) within the 180-day period following receipt of such proceeds or (B) if so committed to be used, not so used within the period specified in such contract. 

“Non-Funding Lender” has the meaning specified in Section 2.02(d). 

“Note” means a promissory note of the Borrower payable to the order of any Lender, delivered pursuant to a request made under
Section 2.14 in substantially the form of Exhibit A 

  
 -15- 

 
hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Loan made to the Borrower by such Lender. 

“Notice of a Non-Funding Lender” has the meaning specified in Section 2.02(d). 

“Notice of Borrowing” has the meaning specified in Section 2.02(a). 

“Omnitel Consideration Amount” has the meaning specified in the Transaction Agreement (as in effect on the date hereof). 

“Omnitel Note” has the meaning specified in the Transaction Agreement. 

“Other Taxes” means all present or future stamp, documentary, intangible, recording or filing taxes or any similar taxes,
charges or levies arising from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or the Notes. 

“Participant Register” has the meaning specified in Section 8.07(e). 

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

“Permitted Liens” means, with respect to any Person, (a) Liens for taxes, assessments and governmental charges and
levies to the extent not required to be paid under Section 5.01(b); (b) pledges or deposits to secure obligations under workers’ compensation laws or similar legislation; (c) pledges or deposits to secure performance in
connection with bids, tenders, contracts (other than contracts for the payment of money) or leases to which such Person is a party; (d) deposits to secure public or statutory obligations of such Person; (e) materialmen’s,
mechanics’, carriers’, workers’, repairmen’s and other like Liens in the ordinary course of business, or deposits to obtain the release of such Liens to the extent such Liens, in the aggregate, would not have a Material Adverse
Effect; (f) deposits to secure surety and appeal bonds to which such Person is a party; (g) other pledges or deposits for similar purposes in the ordinary course of business, including pledges and deposits to secure indemnity, performance
or other similar bonds and in connection with insurance maintained in accordance with Section 5.01(c); (h) Liens created by or resulting from any litigation or legal proceeding which at the time is currently being contested in good faith
by appropriate proceedings; (i) leases made, or existing on property acquired, in the ordinary course of business; (j) landlords’ Liens under leases to which such Person is a party; and (k) zoning restrictions, easements,
licenses, and restrictions on the use of real property or minor irregularities in title thereto, which do not materially impair the use of such property in the operation of the business of such Person or the value of such property for the purpose of
such business. 
 “Person” means an individual, partnership, corporation (including a business trust), joint stock company,
trust, unincorporated association, joint venture, limited liability company or other entity, or a government or any political subdivision or agency thereof. 

“Plan” means a Single Employer Plan or a Multiple Employer Plan. 

“Prime Rate” has the meaning specified in the definition of “Base Rate”. 

  
 -16- 

 “Rating” means (i) with respect to a “Rating” by S&P, the
rating that has been most recently announced by S&P for the non-credit enhanced long term senior unsecured debt issued by the Borrower, and (ii) with respect to a “Rating” by Moody’s, the rating that has been most recently
announced by Moody’s for the non-credit enhanced long term-senior unsecured debt issued by the Borrower. For purposes of the foregoing, (a) if any rating established by S&P or Moody’s shall be changed, such change shall be
effective as of the date on which such change is first announced publicly by the rating agency making such change; and (b) if S&P or Moody’s shall change the basis on which ratings are established, each reference to the Rating
announced by S&P or Moody’s, as the case may be, shall refer to the then equivalent rating by S&P or Moody’s, as the case may be. 

“Rating Agency” means each of S&P and Moody’s. 

“Register” has the meaning specified in Section 8.07(d). 

“Reinvestment Amount” has the meaning specified in the definition of “Net Cash Proceeds.” 

“Related Indemnity Person” means, with respect to any Person, any other Person, so long as both Persons are any of an
Institution, such Institution’s Affiliates, and such Institution’s and such Affiliates’ respective officers, directors, employees, agents and advisors. For purposes of the foregoing, “Institution” means the Administrative
Agent, any Joint Lead Arranger or any Lender. 
 “Related Party” means, with respect to any Person, any other Person, so
long as both Persons are any of an Institution, such Institution’s Affiliates, and such Institution’s and such Affiliates’ respective managers, administrators, trustees, partners, directors, officers, employees, agents, fund managers
and advisors. For purposes of the foregoing, “Institution” means the Administrative Agent, any Joint Lead Arranger, or any Lender. 

“Required Lenders” means, at any time, Lenders having at least a majority in interest of the sum of the outstanding principal
amount of the Loans or Commitments in effect at such time; provided that the portion of the aggregate outstanding principal amount of the Loans or Commitment of any Defaulting Lender shall be excluded for purposes of making a determination of
Required Lenders. 
 “Requisite Amount” has the meaning specified in Section 6.01(d). 

“Restricted Subsidiary” means each Subsidiary of the Borrower listed on Schedule 4.01(j) hereto (as such Schedule may be
amended, supplemented or otherwise modified from time to time by the Borrower in accordance with Section 8.01(c)). 

“Restricting Information” has the meaning specified in Section 8.02(c)(i). 

“S&P” means Standard & Poor’s Ratings Services, LLC, or any successor thereto. 

“Screen Rate” has the meaning specified in the definition of Eurodollar Rate. 

  
 -17- 

 “SEC” means the U.S. Securities and Exchange Commission. 

“Seller” means Vodafone 4 Limited, an indirect wholly owned Subsidiary of Vodafone. 

“Set” means the collective reference to Eurodollar Rate Loans for the then current Interest Periods with respect to all of
which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day). 

“Settlement Note” has the meaning specified in the Transaction Agreement. 

“Share Acquisition” means the direct or indirect acquisition by the Borrower of the Vodafone Interest pursuant to the
Transaction Agreement. 
 “Single Employer Plan” means, with respect to the Borrower, a single employer plan, as defined in
Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Borrower or any ERISA Affiliate and no Person other than the Borrower and the ERISA Affiliates or (b) was so maintained and in respect of which the Borrower or
any ERISA Affiliate could have liability under Section 4069 of ERISA in the event such plan has been or were to be terminated. 

“Specified Asset Sale” means any Disposition or series of related Dispositions by the Borrower or any of its Subsidiaries
after the date hereof not in the ordinary course of business (as determined in good faith by the Borrower) to any Person other than the Borrower or any of its Subsidiaries; provided that no such Disposition or series of related Dispositions
shall constitute a Specified Asset Sale if (i) the Net Cash Proceeds from such Disposition or series of related Dispositions does not individually exceed $100,000,000 or (ii) such Disposition or series of related Dispositions is
(a) the sale of inventory or sale, lease (including sublease) or license of other property in the ordinary course of business, (b) the sale or other Disposition of cash or cash equivalents, (c) the sale, exchange or other Disposition
of accounts receivable in connection with the compromise, settlement or collection thereof consistent with past practice, (d) the sale of wireless spectrum to AT&T Inc. (and its subsidiaries) (“AT&T”) pursuant to the
agreement with AT&T announced by the Borrower prior to the date hereof, (e) any Disposition by Verizon Capital Corp. and (f) any Disposition of an interest in Vodafone Omnitel. 

“Specified Representation” means the representations and warranties in Sections 4.01(a), 4.01(b) (but excluding, in the case
of Section 4.01(b)(ii), any contractual restriction other than each debt instrument representing debt for borrowed money with a principal outstanding amount of the Requisite Amount or more, and, in relation to such instruments only,
disregarding the reference to “Material Adverse Effect” set forth therein), 4.01(d), 4.01(h), 4.01(i) and 4.01(k). 

“Subsidiary” of any Person means any corporation, partnership, joint venture, limited liability company, trust or estate of
which (or in which) more than 50% of (a) the issued and outstanding capital stock having ordinary voting power to elect a majority of the Board of Directors of such corporation (irrespective of whether at the time capital stock of any other
class or classes of such corporation shall or might have voting power upon the occurrence of any contingency), (b) the interest in the capital or profits of such limited liability company, partnership or joint venture or (c) the beneficial
interest in such trust or estate, is at the time directly or indirectly owned or controlled by such Person, by such Person and one or more of its other Subsidiaries or by one or more of such Person’s other Subsidiaries. 

  
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 “Supplemental Borrowing” has the meaning specified in Section 2.02(d). 

“Supplemental Loan” has the meaning specified in Section 2.01(c). 

“Syndication and Fee Letter” means the Syndication and Fee Letter dated as of September 2, 2013 between the Borrower,
the Joint Lead Arrangers and the Initial Lenders as amended, restated, waived, supplemented or otherwise modified from time to time. 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings, assessments or other charges
imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 
 “Term
Note” has the meaning specified in the Transaction Agreement. 
 “Tranche” means (a) with respect to
Commitments, whether such Commitments are Tranche A Commitments or Tranche B Commitments, (b) with respect to Loans, whether such Loans are Tranche A Loans or Tranche B Loans and (c) with respect to Lenders, whether such Lenders are
Tranche A Lenders or Tranche B Lenders. 
 “Tranche A Commitment” means, with respect to any Lender, the Commitment of such
Lender to make Tranche A Loans under this Agreement as set forth in Schedule 2.01, expressed as an amount representing the principal amount of the Tranche A Loan to be made by such Tranche A Lender hereunder, as such amount may be reduced from time
to time pursuant to Sections 2.04 or 2.08 or reduced or increased pursuant to Section 8.07. The total Tranche A Commitment on the date hereof shall be $12,000,000,000. 

“Tranche A Lender” means a Lender with a Tranche A Commitment or Tranche A Loan. 

“Tranche A Loan” has the meaning set forth in Section 2.01(a) and shall include, for the avoidance of doubt, any
Supplemental Loan made by a Lender utilizing its Tranche A Commitment. 
 “Tranche B Commitment” means, with respect to any
Lender, the commitment of such Lender to make Tranche B Loans under this Agreement as set forth in Schedule 2.01, expressed as an amount representing the principal amount of the Tranche B Loan to be made by such Tranche B Lender hereunder, as such
amount may be reduced from time to time pursuant to Section 2.04 or 2.08 or reduced or increased pursuant to Section 8.07. The total Tranche B Commitment on the date hereof shall be $49,000,000,000. 

“Tranche B Lender” means a Lender with a Tranche B Commitment or Tranche B Loan. 

“Tranche B Loan” has the meaning set forth in Section 2.01(b) and shall include, for the avoidance of doubt, any
Supplemental Loan made by a Lender utilizing its Tranche B Commitment. 
 “Transactions” means, collectively, (i) the
Share Acquisition and (ii) the other transactions contemplated by the Transaction Agreement. 

  
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 “Transaction Agreement” means the Stock Purchase Agreement dated as of the date
hereof by and among Vodafone, the Seller and the Borrower (as amended, supplemented or otherwise modified from time to time). 

“Transaction Representations” means the representations made by Vodafone in the Transaction Agreement that are material to
the interests of the Lenders (but only to the extent that the Borrower has the right not to consummate the Share Acquisition under, or terminate, the Transaction Agreement as a result of a failure of any such representation in the Transaction
Agreement to be true and correct). 
 “Type” has the meaning specified in the definition of “Loan.” 

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

“Verizon Capital Corp.” means Verizon Capital Corp, a Delaware corporation. 

“Verizon Communications Direct Invest” means the direct stock purchase and share ownership plan of the Borrower existing on
the date hereof. 
 “Verizon Notes” has the meaning specified in the Transaction Agreement. 

“Verizon Wireless” means Cellco Partnership, a Delaware general partnership, d/b/a Verizon Wireless. 

“Vodafone” means Vodafone Group Plc, an English public limited company. 

“Vodafone Interest” means the equity interest in Verizon Wireless held indirectly by Vodafone. 

“Vodafone Omnitel” means Vodafone Omnitel N.A., naamloze vennootschap organized under the laws of The Netherlands.

 “Voting Stock” means capital stock issued by a corporation, or equivalent interests in any other Person, the holders of
which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even if the right so to vote has been suspended by the happening of such a contingency.

 “Withholding Agent” means the Borrower and the Administrative Agent. 

Section 1.02. Computation of Time Periods; Terms Generally. In this Agreement in the computation of periods of time from a
specified date to a later specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding.” Unless the context
requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise
modified (subject to any restrictions on such amendments, supplements or modifications set forth herein), (b) any reference herein to any Person shall be construed to include such Person’s successors and assigns and (c) any reference
to any law or regulation herein shall, unless 

  
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otherwise specified, refer to such law or regulation as amended, modified or supplemented from time to time. 

Section 1.03. Accounting Terms. 

(a) All terms of an accounting or financial nature shall be construed in accordance with generally accepted accounting principles in the
United States of America (“GAAP”), as in effect from time to time, except as otherwise specifically prescribed in clause (b) below. 

(b) If at any time the SEC permits or requires United States reporting companies to use IFRS in lieu of GAAP for reporting purposes, the
Borrower may notify the Administrative Agent that it has elected to so use IFRS in lieu of GAAP and, upon any such notice, references herein to GAAP shall thereafter be construed to mean IFRS as in effect from time to time; provided that, to
the extent that such election would affect any financial ratio set forth in this Agreement or the requirement set forth in Section 5.01(i), (i) the Borrower shall provide to the Administrative Agent financial statements and other documents
reasonably requested by the Administrative Agent or any Lender setting forth a reconciliation with respect to such ratio or requirement made before and after giving effect to such election and (ii) if the Borrower, the Administrative Agent or
the Required Lenders shall so request, the Administrative Agent, the Required Lenders and the Borrower shall negotiate in good faith to amend such ratio to preserve the original intent thereof in light of such change. 

Section 1.04. Times of Day. Unless otherwise specified, all references herein to times of day shall be references to U.S. Eastern
time (daylight or standard, as applicable). 
 ARTICLE 2 

AMOUNTS AND TERMS OF THE LOANS 

Section 2.01. The Loans. Each Lender severally agrees, on the terms and conditions hereinafter set forth, 

(a) to make a loan (each, a “Tranche A Loan”) on the Funding Date (which shall be no later than the last day of the
Availability Period), in US Dollars, to the Borrower in an aggregate principal amount specified by the Borrower not exceeding such Lender’s Tranche A Commitment, 

(b) to make a loan (each, a “Tranche B Loan”) on the Funding Date (which shall be no later than the last day of the
Availability Period), in US Dollars, to the Borrower in an aggregate principal amount specified by the Borrower not exceeding such Lender’s Tranche B Commitment, and 

(c) in the event that any Lender shall have become a Non-Funding Lender, to make a supplemental loan (each, a “Supplemental
Loan”) on the Funding Date (which shall be no later than the last day of the Availability Period), in US Dollars, to the Borrower in an aggregate principal amount deemed to be requested by the Borrower under Section 2.02(d) not
exceeding such Lender’s remaining Aggregate Commitment (after giving effect to all Tranche A Loans and Tranche B Loans made by such Lender pursuant to paragraphs (a) and (b) above). For the

  
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avoidance of doubt, each Supplemental Loan made by a Lender in respect of its Commitment under a particular Tranche shall be a Loan of the same Tranche. 

Amounts repaid or prepaid in respect of the Loans may not be reborrowed. The Borrowing of Loans shall be in an aggregate principal amount of at least
$100,000,000 or an integral multiple of $1,000,000 in excess thereof and shall be made by the Lenders ratably according to their respective Aggregate Commitments (excluding, in the case of a Supplemental Borrowing, the Commitments of the Non-Funding
Lenders). For the avoidance of doubt, the Borrowing of Loans shall be allocated pro rata to the Tranche A Loans and the Tranche B Loans based on the Commitments of each Tranche on the Funding Date. 

Section 2.02. Making the Loans. 

(a) The Borrowing of Loans shall be made on notice, given not later than 11:00 A.M. (i) on the third Business Day prior to the date of
the proposed Borrowing in the case of a Borrowing consisting of Eurodollar Rate Loans or (ii) on the first Business Day prior to the date of the proposed Borrowing in the case of a Borrowing consisting of Base Rate Loans (other than a
Supplemental Borrowing), and the Administrative Agent shall give each Lender prompt notice thereof by telecopier or other electronic means. Each such notice (a “Notice of Borrowing”) shall be in writing in substantially the form of
Exhibit B hereto, specifying therein (i) the requested Type of Loans comprising the Borrowing, (ii) the aggregate principal amount of such Borrowing and the amount of such Borrowing that represents a Tranche A Loan and a Tranche B Loan
(which shall be determined in accordance with the last paragraph of Section 2.01), (iii) in the case of a Borrowing consisting of Eurodollar Rate Loans, the initial Interest Period for each such Loan, (iv) the location and number of
the account to which funds are to be disbursed, (v) the date of such Borrowing, (vi) whether such notice is conditioned on the occurrence of any event and (vii) if such notice is conditioned on the occurrence of an event, a
description of the event (it being understood that, both the Administrative Agent and the Lenders shall be entitled to assume that the Loans contemplated by such Notice of Borrowing are to be made unless the Administrative Agent shall have received
a written notice of revocation in accordance with Section 2.02(b) prior to the funding of such Borrowing). Each Lender shall, before 12:00 noon (or such other time agreed upon by the Borrower and the Administrative Agent) on the date of the
applicable Borrowing (or, in the case of any Supplemental Borrowing, as promptly as practical following receipt of the Notice of a Non-Funding Lender), make available for the account of its Applicable Lending Office to the Administrative Agent at
the Administrative Agent’s Account, in same day funds, such Lender’s ratable portion of such Borrowing. After the Administrative Agent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Article 3,
the Administrative Agent will make such funds available to the Borrower at the Administrative Agent’s address referred to in Section 8.02. 

(b) A Notice of Borrowing shall be binding on the Borrower unless revoked in writing prior to the Borrowing of the Loans. In the case of a
Borrowing that the Notice of Borrowing specifies is to be comprised of Eurodollar Rate Loans, the Borrower shall indemnify each Lender against any loss, cost or expense incurred by such Lender as a result of any revocation of a Notice of Borrowing
pursuant to the immediately preceding sentence or any failure to fulfill on or before the date of Borrowing the applicable conditions set forth in Article 3, including, without limitation, any loss (excluding loss of anticipated profits), cost
or expense incurred by 

  
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reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund the Loan to be made by such Lender as part of such Borrowing when such Loan, as a result of
such failure, is not made on such date. 
 (c) Anything in subsection (a) above to the contrary notwithstanding, the Borrower may not
select Eurodollar Rate Loans for any Borrowing if the aggregate obligation of the Lenders to make Eurodollar Rate Loans shall be suspended pursuant to Section 2.06 or 2.10. 

(d) Notwithstanding anything to the contrary in this Section 2.02, in the event any Lender shall have failed to make any Loan required to
be made by it under Section 2.01(a) or (b) (any such Lender, a “Non-Funding Lender”), the Borrower shall be deemed to have requested a Borrowing (a “Supplemental Borrowing”) of Loans to be made under
Section 2.01(c) in an aggregate principal amount equal to the lesser of (A) the aggregate principal amount of the Loans so failed to have been made by all the Non-Funding Lenders and (B) the Aggregate Commitments of all Lenders (other
than the Non-Funding Lenders) then remaining in effect. The Supplemental Borrowing shall be deemed to be requested to be made on the Funding Date as a Base Rate Loan, and the location and number of the account to which funds are deemed to be
requested to be disbursed in respect of the Supplemental Borrowing shall be identical to those specified by the Borrower in the Notice of Borrowing delivered in respect of the initial Borrowing. Promptly after obtaining knowledge thereof, the
Administrative Agent shall advise the Borrower and each Lender of any Lender having become a Non-Funding Lender (such notice being referred to as a “Notice of a Non-Funding Lender”) and shall advise each Lender of the amount of such
Lender’s Supplemental Loan to be made under Section 2.01(c) as part of the Supplemental Borrowing. 
 (e) Unless the
Administrative Agent shall have received notice from a Lender prior to the date of a Borrowing that such Lender will not make available to the Administrative Agent such Lender’s ratable 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 Borrowing in accordance with subsection (a) above and the Administrative Agent may, in reliance upon such assumption, make available to the
Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so made such ratable 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 until the date such amount is repaid to the Administrative Agent, at (i) in the case of the
Borrower, the interest rate applicable at the time to Loans comprising such Borrowing and (ii) in the case of such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking
industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing. If the Borrower and such Lender shall pay such interest to the
Administrative Agent for the same period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender shall repay to the Administrative Agent such corresponding
amount, such amount so repaid shall constitute such Lender’s Loan as part of such Borrowing for purposes of this Agreement and the Borrower shall be relieved of its obligations to repay such amount under this subsection (e). Any payment by

  
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the Borrower shall be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent. 

(f) If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing
provisions of this Article 2, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the making of such Loan set forth in Article 3 are not satisfied or waived in accordance with the terms hereof,
the Administrative Agent shall promptly return such funds (in like funds as received from such Lender) to such Lender, without interest. 

(g) The obligations of the Lenders hereunder to make Loans and to make payments pursuant to Section 8.04(c) are several and not joint.
The failure of any Lender to make any Loan or to make any payment under Section 8.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible
for the failure of any other Lender to so make its Loan or to make its payment under Section 8.04(c); provided, for the avoidance of doubt, that the Lenders shall be required to make a Supplemental Loan pursuant to Section 2.01(c)
if any Lender is a Non-Funding Lender. 
 (h) Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in any
particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any particular place or manner. 

Section 2.03. Repayment of Loans. The Borrower shall repay the aggregate outstanding principal amount of the Loans the maturity of
which has not been extended pursuant to Section 2.16 to the Administrative Agent for the account of the Lenders on the Maturity Date. The Borrower shall repay the aggregate outstanding principal amount of the Loans the maturity date of which
has been extended pursuant to Section 2.16 to the Administrative Agent for the account of the Lenders on the Extended Maturity Date. 

Section 2.04. Termination or Reduction of the Commitments. 

(a) Unless previously terminated, (i) each Lender’s Commitment shall automatically reduce by the amount of each Loan made by such
Lender, such reduction to be effective immediately following the making of such Loan by such Lender, and (ii) each Lender’s Commitments shall terminate on the earlier of (A) the funding of the Loans (including, if applicable, Loans
comprising the Supplemental Borrowing) on the Funding Date in accordance with Section 2.01 and (B) 11:59 P.M. on the last day of the Availability Period; provided that the foregoing shall not excuse a Non-Funding Lender or a
Defaulting Lender from liability for a failure to fund its Commitment. 
 (b) The Borrower shall have the right, upon same day notice to the
Administrative Agent delivered prior to 11:00 A.M. on any Business Day, to terminate in whole or reduce ratably in part the unused portions of the Commitments of the Lenders. A notice of termination of the Commitments delivered by the Borrower may
state that such notice is conditioned on the effectiveness of other credit facilities, in which case such notice may be revoked by the Borrower (by written notice to the Administrative Agent on or prior to the specified effective date) if such

  
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condition is not satisfied. Each partial reduction of the Commitments shall be in the aggregate amount of $25,000,000 or an integral multiple of $1,000,000 in excess thereof and, once terminated,
a Commitment may not be reinstated. The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Commitments under this Section 2.04. Each voluntary reduction of the Commitments pursuant to this
Section 2.04(b) shall be applied ratably to the Tranche A Commitments and the Tranche B Commitments and will be applied pro rata to the outstanding Commitments of each Lender under the applicable Tranche. All fees in respect of
the Commitments accrued until the effective date of any termination of the Commitments shall be paid on the effective date of such termination. 

Section 2.05. Interest. 

(a) Scheduled Interest. The Borrower shall pay interest on the unpaid principal amount of each Loan owing to each Lender from the
Funding Date until such principal amount of such Loan shall be paid in full, at the following rates per annum: 
 (i) Base
Rate Loans. During such periods as such Loan is a Base Rate Loan, a rate per annum equal at all times to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Rate in effect from time to time
plus (z) the Additional Margin in effect from time to time, payable, in the case of such Loan, in arrears quarterly on the last day of each March, June, September and December during such periods and on the date such Base Rate Loan shall
be Converted or paid in full. 
 (ii) Eurodollar Rate Loans. During such periods as such Loan is a Eurodollar Rate
Loan, a rate per annum equal at all times during each Interest Period for such Loan to the sum of (x) the Eurodollar Rate for such Interest Period for such Loan plus (y) the Applicable Rate in effect from time to time plus
(z) the Additional Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every
three months from the first day of such Interest Period and on the date such Eurodollar Rate Loan shall be Converted or paid in full. 
 (b)
Default Interest. Upon the occurrence and during the continuance of an Event of Default under Section 6.01(a), the Borrower shall pay interest on the overdue amount of principal, interest, fees or other amounts, as the case may be, at a
rate per annum which is (x) in the case of overdue principal, the rate that would be otherwise applicable thereto pursuant to clause (a)(i) or (a)(ii) of this Section 2.05 plus 2%, (y) in the case of overdue interest, the rate that
would be otherwise applicable to the principal of the related Loan pursuant to clause (a)(i) or (a)(ii) of this Section 2.05 (and not pursuant to subclause (x) of this clause (b)) plus 2% and (z) in the case of fees and other amounts,
the rate described in clause (a)(i) of this Section 2.05 plus 2%. 
 Section 2.06. Interest Rate Determination. 

(a) The Administrative Agent shall give prompt notice to the Borrower and the Lenders of the applicable interest rate determined by the
Administrative Agent for purposes of Section 2.05(a)(i) or (ii). 

  
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 (b) If, with respect to any Eurodollar Rate Loans, (i) the Required Lenders notify the
Administrative Agent that the Eurodollar Rate for any Interest Period for such Loans will not adequately reflect the cost to such Required Lenders of making, funding or maintaining their respective Eurodollar Rate Loans for such Interest Period, or
(ii) the Administrative Agent determines (which determination shall be conclusive and binding absent manifest error) that adequate and reasonable means do not exist for ascertaining the Eurodollar Rate for the applicable Interest Period, the
Administrative Agent shall forthwith so notify the Borrower and the Lenders. Thereafter, (A) each Eurodollar Rate Loan will automatically, on the last day of the then existing Interest Period therefor, Convert into a Base Rate Loan, and
(B) the obligation of the Lenders to make, or to Convert Loans into, Eurodollar Rate Loans shall be suspended until the Administrative Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer
exist. 
 (c) If the Borrower shall fail to select the duration of any Interest Period for any Eurodollar Rate Loans in accordance with the
provisions contained in the definition of “Interest Period” in Section 1.01, the Administrative Agent will forthwith so notify the Borrower and the Lenders and such Loans will automatically, on the last day of the then existing
Interest Period therefor, Convert into (or continue as) Eurodollar Rate Loans with an Interest Period of one month (subject to the provisions set forth in the definition of “Interest Period”). 

(d) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Loans comprising any Borrowing or Set shall be reduced, by
payment or prepayment or otherwise, to less than $25,000,000, such Loans shall automatically Convert into Base Rate Loans. 
 (e) Upon the
occurrence and during the continuance of any Event of Default under Section 6.01(a), (i) each Eurodollar Rate Loan will automatically, on the last day of the then existing Interest Period therefor, Convert into a Base Rate Loan and
(ii) the obligation of the Lenders to make, or to Convert Loans into, Eurodollar Rate Loans shall be suspended. 
 Section 2.07.
Optional Conversion of Loans. The Borrower may on any Business Day, upon notice given to the Administrative Agent not later than 11:00 A.M. on the third Business Day prior to the date of the proposed Conversion and subject to the provisions
of Sections 2.06 and 2.10, Convert Loans of one Type into Loans of the other Type; provided, however, that any Conversion of Eurodollar Rate Loans into Base Rate Loans shall be made only on the last day of an Interest Period for such
Eurodollar Rate Loans and any Conversion of Base Rate Loans into Eurodollar Rate Loans shall be in an amount not less than $25,000,000. Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of
such Conversion, (ii) the Loans to be Converted and (iii) if such Conversion is into Eurodollar Rate Loans, the duration of the initial Interest Period for each such Loan or portion thereof. Each notice of Conversion shall be irrevocable
and binding on the Borrower. 
 Section 2.08. Prepayments of Loans; Mandatory Commitment Reductions. 

(a) Optional Prepayments. The Borrower may prepay the outstanding principal amount of the Loans, in whole or in part; provided,
however, that each partial prepayment shall be in an aggregate principal amount of $25,000,000 or an integral multiple of $1,000,000 in 

  
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excess thereof. Each optional prepayment made pursuant to this Section 2.08(a) shall be applied ratably to the Tranche A Loans and the Tranche B Loans and will be applied pro
rata to the outstanding Loans under the applicable Tranche. 
 (b) Mandatory Prepayments; Mandatory Commitment Reductions. 

(i) Upon any Specified Asset Sale, (A) if no Loans are outstanding, the Commitments shall be subject to reduction in an
aggregate amount equal to 100% of the Net Cash Proceeds thereof, such reduction to be effected automatically one Business Day following the receipt of such Net Cash Proceeds and (B) if any Loans are outstanding, the Borrower shall prepay the
Loans, in an aggregate amount equal to 100% of the Net Cash Proceeds thereof, such prepayment to be effected within five Business Days following the receipt of such Net Cash Proceeds; provided that no such prepayment shall be required or
reduction shall occur until the amount of Net Cash Proceeds from all Specified Asset Sales that have not previously been applied to prepay the Loans, or subjected the Commitments to automatic reduction, exceeds $500,000,000 in the aggregate, and
then only the excess over $500,000,000 shall be required to be used to prepay the Loans or subject the Commitments to automatic reduction. 

(ii) Upon any Equity Issuance or, without duplication with Section 2.08(b)(iii), Debt Incurrence, if any Loans are
outstanding, the Borrower shall prepay the Loans, and if no Loans are outstanding, the Commitments shall be subject to reduction, in an aggregate amount equal to 100% of the Net Cash Proceeds thereof, such prepayment to be effected within five
Business Days following the receipt of such Net Cash Proceeds and such reduction to be effected automatically one Business Day following the receipt of such Net Cash Proceeds. 

(iii) Upon the satisfaction or waiver of all conditions precedent to effectiveness of definitive documentation for any term
loan facility made available to the Borrower that is (x) subject to conditions precedent to funding of the term loans thereunder that are, in respect of certainty of funding, substantially equivalent to or more favorable to the Borrower than
the conditions set forth in Section 3.02, (y) subject to restrictions on assignments of the term loans thereunder substantially similar to those set forth in Section 8.07 and (z) entered into with financial institutions that are
either (A) Lenders or an Affiliate or Approved Fund of the Lenders or (B) approved by the Borrower (each, a “Qualifying Term Loan Facility”), the Commitments shall be subject to automatic reduction, in an aggregate amount
equal to the lesser of (a) 100% of the committed amount of such Qualifying Term Loan Facility or (b) $12,000,000,000, such reduction to be effected upon effectiveness of such Qualifying Term Loan Facility. 

(iv) On the date that is six months following the Maturity Date (or if such date is not a Business Day on the next succeeding
Business Day), if more than $12,500,000,000 in aggregate principal amount of Loans is outstanding, the Borrower shall prepay the Loans such that no more than $12,500,000,000 in aggregate principal amount of the Loans is outstanding following such
prepayment. 

  
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 (c) Notices. Voluntary prepayments pursuant to Section 2.08(a) shall be made upon
notice to the Administrative Agent not later than 11:00 A.M. on any Business Day for Base Rate Loans, and upon at least three Business Days’ notice for Eurodollar Rate Loans, stating the proposed date and aggregate principal amount of the
applicable prepayment. The Borrower shall provide the Administrative Agent with a certificate of an Authorized Officer no later than 5:00 P.M. on the Business Day following the receipt of Net Cash Proceeds setting forth the amount of such Net Cash
Proceeds (including the calculation thereof) and the event giving rise to such Net Cash Proceeds. The Borrower further agrees to deliver to the Administrative Agent not less than one Business Day prior to the effectiveness of a Qualifying Term Loan
Facility a certificate of an Authorized Officer setting forth the committed amount of such Qualifying Term Loan Facility, the expected effective date of such Qualifying Term Loan Facility and confirming that such Qualifying Term Loan satisfies the
requirements of Section 2.08(b)(iii) above. Upon receipt of a notice of prepayment or commitment reduction pursuant to this clause (c), the Administrative Agent shall promptly notify each Lender of the contents thereof and of such Lender’s
ratable share of such prepayment or reduction and such notice shall not thereafter be revocable. 
 (d) Other Amounts. All
prepayments pursuant to this Section 2.08 shall be accompanied by interest on the principal amount prepaid, accrued to the date of such prepayment. In the event of any prepayment of Eurodollar Rate Loans pursuant to this Section 2.08, the
Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to Section 8.04(d). 
 (e) Allocation. All
mandatory prepayments or commitment reductions pursuant to Section 2.08(b) shall be allocated as follows: (i) in respect of any mandatory prepayment or commitment reduction made pursuant to Section 2.08(b)(i) or (b)(iv), pro
rata to each Tranche of Loans or Commitments, as applicable, (ii) in respect of any mandatory prepayment or commitment reduction made pursuant to Section 2.08(b)(ii)(other than from the proceeds of a term loan facility),
first to the Tranche B Loans and the Tranche B Commitments and, if such allocation results in the Tranche B Loans and the Tranche B Commitments being reduced to $0.00, then second to the Tranche A Loans and the Tranche A Commitments
and (iii) in respect of any commitment reduction made pursuant to Section 2.08(b)(iii) or any mandatory prepayment or commitment reduction made pursuant to Section 2.08(b)(ii) from the proceeds of a term loan facility, first to
the Tranche A Loans and the Tranche A Commitments and, if such allocation results in the Tranche A Loans and the Tranche A Commitments being reduced to $0.00, then second to the Tranche B Loans and the Tranche B Commitments. All mandatory
prepayments and commitment reductions will be applied pro rata to the outstanding Loans or Commitments under the applicable Tranche of Loans or Commitments, as applicable. 

Section 2.09. Increased Costs. 

(a) If, due to either (i) the introduction of or any change in or in the interpretation of any law or regulation or (ii) the
compliance with any written guideline or request from any central bank or other governmental authority each of which is effective after the date hereof (whether or not having the force of law), there shall be any increase in the cost to any Lender
of agreeing to make or making, funding or maintaining Eurodollar Rate Loans (excluding for purposes of this Section 2.09 any such increased costs resulting from (i) Indemnified Taxes, Other Taxes and Excluded Taxes (as to which
Section 2.12 shall govern) and (ii) changes in the 

  
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basis of taxation of overall net income or overall gross income by the United States or by the foreign jurisdiction or state under the laws of which such Lender is organized or has its Applicable
Lending Office or any political subdivision thereof), then the Borrower shall from time to time, upon demand by such Lender (with a copy of such demand to the Administrative Agent), pay to the Administrative Agent for the account of such Lender
additional amounts sufficient to compensate such Lender for such increased cost (whether or not such increased costs arise prior to the receipt of written notification from such central bank or other governmental authority), provided that the
Borrower shall not be required to pay any such increased costs to the extent such increased costs accrued prior to the date that is six months prior to such notice, and provided further that, if such change, event or circumstance
giving rise to such increased costs has a retroactive effect, then the six-month period referred to above shall be extended to include the period of retroactive effect thereof. A certificate as to the amount of such increased cost, submitted to the
Borrower and the Administrative Agent by such Lender, shall be conclusive and binding for all purposes, absent error in the calculation of such amount. 

(b) If any Lender determines that compliance with any law or regulation or any written guideline or request from any central bank or other
governmental authority (whether or not having the force of law) affects or would affect the amount of capital required or expected to be maintained by or liquidity requirement applicable to such Lender or any corporation controlling such Lender and
that the amount of such capital or liquidity requirements is increased by or based upon the existence of such Lender’s Commitments hereunder, then, upon demand by such Lender (with a copy of such demand to the Administrative Agent), the
Borrower shall pay to the Administrative Agent for the account of such Lender, from time to time as specified by such Lender, additional amounts sufficient to compensate such Lender or such corporation (whether or not such amounts arise prior to the
receipt of written notification from such central bank or other governmental authority) in the light of such circumstances, to the extent that such Lender reasonably determines such increase in capital or liquidity requirements to be allocable to
the existence of such Lender’s Commitments hereunder, provided that the Borrower shall not be required to compensate such Lender to the extent such amounts arose prior to the date that is six months prior to such notice, and
provided further that, if such change, event or circumstance giving rise to such increased costs has a retroactive effect, then the six-month period referred to above shall be extended to include the period of retroactive effect
thereof. A certificate as to such amounts submitted to the Borrower and the Administrative Agent by such Lender shall be conclusive and binding for all purposes, absent error in the calculation of such amounts. 

(c) Any Lender claiming any additional amounts payable pursuant to this Section 2.09 agrees to use reasonable efforts (consistent with
its internal policy and legal and regulatory restrictions) to minimize such additional amounts and to change the jurisdiction of its Applicable Lending Office if the making of such a change would avoid the need for, or reduce the amount of, any
additional amounts that may thereafter accrue and would not, in the reasonable judgment of such Lender, be otherwise notably disadvantageous to such Lender. The Borrower shall reimburse such Lender for such Lender’s reasonable expenses incurred
in connection with such change or in considering such a change in an amount not to exceed the Borrower’s pro rata share of such expenses based on such Lender’s Loans to the Borrower and the total loans of such Lender to its
similarly situated customers. 

  
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 (d) For purposes of this Section 2.09, (i) the Dodd-Frank Wall Street Reform and
Consumer Protection Act and all requests, rules, regulations, guidelines, interpretations recommendations and directives promulgated thereunder, issued in connection therewith or in implementation thereof (whether or not having the force of law) and
(ii) all requests, rules, regulations, guidelines, interpretations, recommendations 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 (whether or not having the force of law), in each case, pursuant to Basel III, shall in each case be deemed introduced or adopted after the date hereof regardless of the date enacted, adopted, issued,
promulgated or implemented. 
 Section 2.10. Illegality. Notwithstanding any other provision of this Agreement, if any Lender
shall notify the Administrative Agent that the introduction of or any change in or in the interpretation of any law or regulation makes it unlawful, or any central bank or other governmental authority having relevant jurisdiction asserts that it is
unlawful, for any Lender or its Eurodollar Lending Office to perform its obligations hereunder to make Eurodollar Rate Loans or to fund or maintain Eurodollar Rate Loans hereunder, (i) each Eurodollar Rate Loan, will automatically, upon such
demand, Convert into a Base Rate Loan and (ii) the obligation of the Lenders to make Eurodollar Rate Loans or to Convert Loans into Eurodollar Rate Loans shall be suspended until the Administrative Agent shall notify the Borrower and the
Lenders that the circumstances causing such suspension no longer exist. 
 Section 2.11. Payments and Computations. 

(a) The Borrower shall make each payment hereunder and under the Notes, if any, not later than 2:00 P.M. on the day when due, in US Dollars,
to the Administrative Agent at the Administrative Agent’s Account in same day funds, without set off, counterclaim or deduction. The Administrative Agent will promptly thereafter cause to be distributed like funds relating to the payment of
principal or interest ratably (other than amounts payable pursuant to Section 2.09, 2.12 or 8.04(d)) to the Lenders of the applicable Tranche for the account of their respective Applicable Lending Offices, and like funds relating to the payment
of any other amount payable to any Lender to such Lender for the account of its Applicable Lending Office, in each case to be applied in accordance with the terms of this Agreement. Upon its acceptance of an Assignment and Assumption and recording
of the information contained therein in the Register pursuant to Section 8.07(d), from and after the effective date specified in such Assignment and Assumption, the Administrative Agent shall make all payments hereunder and under the Notes, if
any, in respect of the interest assigned thereby to the Lender assignee thereunder, and the parties to such Assignment and Assumption shall make all appropriate adjustments in such payments for periods prior to such effective date directly between
themselves. All payments received by the Administrative Agent after 2:00 P.M. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. 

(b) All computations of interest based on the Base Rate at times when the Base Rate is based on the Prime Rate shall be made by the
Administrative Agent on the basis of a year of 365 or 366 days, as the case may be, and all computations of interest based on the Eurodollar Rate or the Base Rate at times when the Base Rate is not based on the Prime Rate and of fees shall be made
by the Administrative Agent on the basis of a year of 360 days, in each case for the actual 

  
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number of days (including the first day but excluding the last day) occurring in the period for which such interest or fees are payable. Each determination by the Administrative Agent of an
interest rate or fee hereunder shall be conclusive and binding for all purposes, absent error in the calculation of such interest rate or fee. 

(c) Whenever any payment hereunder or under the Notes, if any, shall be stated to be due on a day other than a Business Day, such payment
shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest; provided, however, that, if such extension would cause payment of interest on or
principal of Eurodollar Rate Loans to be made in the next following calendar month, such payment shall be made on the next preceding Business Day. 

(d) Unless the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Lenders
that the Borrower will not make such payment in full, the Administrative Agent may assume that the Borrower has made such payment in full to the Administrative Agent on such date and the Administrative Agent may, in reliance upon such assumption,
cause to be distributed to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent the Borrower shall not have so made such payment in full to the Administrative Agent each Lender severally agrees to
repay to the Administrative Agent forthwith on demand such amount distributed to such Lender together with interest thereon, for each day from the date such amount is distributed to such Lender until the date such Lender repays such amount to the
Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

Section 2.12. Taxes. 
 (a)
Payments Free of Taxes; Obligation to Withhold; Payments on Account of Taxes. 
 (i) Any and all payments by or on account of
any obligation of the Borrower hereunder or under the Notes shall to the extent permitted by applicable laws be made free and clear of and without reduction or withholding for any Taxes. If, however, applicable laws require the Withholding Agent to
withhold or deduct any Tax, such Tax shall be withheld or deducted in accordance with such laws as determined by the Withholding Agent upon the basis of the information and documentation to be delivered pursuant to subsection (e) below. 

(ii) If the Withholding Agent shall be required by applicable law to withhold or deduct any Taxes from any payment, then
(A) the Withholding Agent shall withhold or make such deductions as are determined by the Withholding Agent to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) the
Withholding Agent shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance with applicable law, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes or
Other Taxes, the sum payable by the Borrower shall be increased as necessary so that after any required withholding or deductions (including those applicable to additional sums payable under this Section 2.12) the Administrative Agent or any
Lender receives 

  
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an amount equal to the sum it would have received had no such withholding or deduction been made. 

(b) Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above, the Borrower shall timely pay
any Other Taxes to the relevant Governmental Authority in accordance with applicable laws. 
 (c) Indemnification. 

(i) Without limiting the provisions of subsection (a) or (b) above, the Borrower shall, and does hereby, indemnify
the Administrative Agent and each Lender and shall make payment in respect thereof within 30 days after written demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Tax or Other Taxes imposed or
asserted on or attributable to amounts payable under this Section 2.12) withheld or deducted by the Withholding Agent or paid by the Administrative Agent or such Lender, and any penalties, interest and reasonable expenses arising therefrom or
with respect thereto. 
 (ii) Each Lender shall severally indemnify, within 30 days after demand therefor, (i) the
Administrative Agent for any Indemnified Taxes attributable to such Lender (but only to the extent that the Borrower has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Borrower
to do so), (ii) the Withholding Agent for any Taxes attributable to such Lender’s failure to comply with the provisions of Section 8.07(e) relating to the maintenance of a Participant Register and (iii) the Withholding Agent for
any Excluded Taxes attributable to such Lender, in each case, that are payable or paid by the Withholding Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such 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 any Lender by the Administrative Agent or the Withholding Agent, as applicable, shall be
conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent and the Withholding Agent, as applicable, to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable
by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent under this paragraph (c)(ii). 

(d) Evidence of Payments. Upon request by the Borrower or the Administrative Agent, as the case may be, after any payment of Taxes by
the Borrower or the Administrative Agent to a Governmental Authority as provided in this Section 2.12, the Borrower shall deliver to the Administrative Agent or the Administrative Agent shall deliver to the Borrower, as the case may be, the
original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of any return required by law to report such payment, or other evidence of such payment reasonably satisfactory to the Borrower or the
Administrative Agent, as the case may be. 
 (e) Status of Lenders; Tax Documentation. 

  
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 (i) Each Lender shall deliver to the Borrower and to the Administrative Agent, at
the time or times prescribed by applicable laws or when reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation prescribed by applicable laws or by the taxing authorities of any
jurisdiction and such other reasonably requested information as will permit the Borrower or the Administrative Agent, as the case may be, to determine (A) whether payments made hereunder or under any of the Notes are subject to Taxes,
(B) if applicable, the required rate of withholding or deduction, and (C) such Lender’s entitlement to any available exemption from, or reduction of, applicable Taxes in respect of all payments to be made to such Lender by the
Borrower pursuant to this Agreement or otherwise to establish such Lender’s status for withholding tax purposes in the applicable jurisdiction. 

(ii) Without limiting the generality of the foregoing, any Lender that is a “United States person” within the meaning
of Section 7701(a)(30) of the Internal Revenue Code (or, if such Lender is disregarded as an entity separate from its owner for U.S. Federal income tax purposes, the Person treated as its owner for U.S. Federal income tax purposes) shall
deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent) executed
originals of Internal Revenue Service Form W-9 (or successor thereto) or such other documentation or information prescribed by applicable laws or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the
Administrative Agent, as the case may be, to determine whether or not such Lender is subject to backup withholding or information reporting requirements; 

(iii) Without limiting the generality of the foregoing, each Foreign Lender (or, if such Foreign Lender is disregarded as an
entity separate from its owner for U.S. Federal income tax purposes, the Person treated as its owner for U.S. Federal income tax purposes) that is entitled under the Internal Revenue Code or any applicable treaty to an exemption from or reduction of
withholding tax with respect to payments hereunder or under any other Loan Document shall deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such
Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent), whichever of the following is applicable: 

(A) executed originals of Internal Revenue Service Form W-8BEN (or successor thereto) claiming eligibility for benefits of an
income tax treaty to which the United States is a party, 
 (B) executed originals of Internal Revenue Service Form W-8ECI
(or successor thereto), 
 (C) executed originals of Internal Revenue Service Form W-8IMY (or successor thereto) and all
required supporting documentation including, Internal Revenue Service Form W-8ECI, IRS Form W-8BEN, a certificate substantially in the form of Exhibit D-2 or Exhibit D-3, Internal Revenue Service 

  
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Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such
Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a certificate substantially in the form of Exhibit D-4, 

(D) in the case of a Foreign Lender (or, if such Foreign Lender is disregarded as an entity separate from its owner for U.S.
Federal income tax purposes, the Person treated as its owner for U.S. Federal income tax purposes) claiming the benefits of the exemption for portfolio interest under section 881(c) of the Internal Revenue Code: (x) a certificate substantially
in the form of Exhibit D-1 to the effect that such Foreign Lender (or such other Person) is not (1) a “bank” within the meaning of section 881(c)(3)(A) of the Internal Revenue Code, (2) a “10 percent shareholder”
of the Borrower within the meaning of section 881(c)(3)(B) of the Internal Revenue Code, or (3) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Internal Revenue Code; and (y) executed originals of
Internal Revenue Service Form W-8BEN (or successor thereto), or 
 (E) executed originals of any other form 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 prescribed by applicable laws to permit the Borrower or the Administrative Agent to
determine the withholding or deduction required to be made. 
 (iv) Without limiting the generality of the foregoing, if a
payment made to a Lender under any Loan Document would be subject to U.S. federal withholding tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in
Section 1471(b) or 1472(b) of the Internal Revenue Code, as applicable), each Lender shall deliver to the Administrative Agent and the Borrower, and the Administrative Agent shall deliver to the Borrower, such documentation reasonably requested
by the Administrative Agent and the Borrower, as applicable, sufficient for the Administrative Agent and the Borrower to comply with their respective obligations under FATCA and to determine whether payments to such Lender or Administrative Agent
are subject to withholding tax under FATCA. Solely for purposes of this sub-clause (iv), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

(v) Each Lender shall promptly notify the Borrower and the Administrative Agent in writing of any change in circumstances which
would modify or render invalid any claimed exemption or reduction. 
 (f) Treatment of Certain Refunds. Unless required by applicable
laws, at no time shall the Borrower have any obligation to file for or otherwise pursue on behalf of a Lender or the Administrative Agent, or have any obligation to pay to any Lender or the Administrative Agent, any refund of Taxes withheld or
deducted from funds paid for the account of such Lender or Administrative Agent, as the case may be. If any party determines, in its reasonable discretion, 

  
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that it has received a refund of any Taxes for which it has been indemnified under this Section 2.12, it shall pay to the indemnifying party an amount equal to such refund (but only to the
extent of indemnity payments made, or additional amounts paid, under this Section 2.12 with respect to the Taxes giving rise to such refund), net of all reasonable out-of-pocket expenses (including Taxes) incurred by such indemnified party;
provided that the indemnifying party, upon the request of the indemnified party, agrees to repay to such indemnified party the amount paid over to the indemnifying party, in the event such indemnified party is required to repay such refund to
such Governmental Authority. 
 (g) Reduction of Additional Amounts. The Administrative Agent and any Lender, as applicable, shall
use reasonable efforts to take such steps (including changing the jurisdiction of its Applicable Lending Office) as would not be notably disadvantageous to it to avoid or minimize any indemnity payments or additional amounts payable by the Borrower
pursuant to this Section 2.12. The Borrower shall reimburse the Administrative Agent and such Lender for reasonable expenses incurred in connection with such steps, in the case of a Lender, in an amount not to exceed the Borrower’s
pro rata share of such expenses based on such Lender’s Loans to the Borrower and the total loans of such Lender to its similarly situated customers. 

Section 2.13. Sharing of Payments, Etc. If any Lender shall obtain any payment (whether voluntary, involuntary, through the
exercise of any right of set off, or otherwise) on account of the Loans owing to it (other than pursuant to Section 2.09, 2.12, 8.01(b), 8.04(d) or 8.07) in excess of its ratable share of payments on account of the Loans as contemplated
hereunder, such Lender shall forthwith notify the Administrative Agent of such fact and purchase from the other Lenders such participations in the Loans owing to them as shall be necessary to cause such purchasing Lender to share the excess payment
ratably with each of them; provided, however, that if all or any portion of such excess payment is thereafter recovered from such purchasing Lender, such purchase from each Lender shall be rescinded and such Lender shall repay to the
purchasing Lender the purchase price to the extent of such recovery together with an amount equal to such Lender’s ratable share (according to the proportion of (i) the amount of such Lender’s required repayment to (ii) the total
amount so recovered from the purchasing Lender) of any interest or other amount paid or payable by the purchasing Lender in respect of the total amount so recovered. The Borrower agrees that any Lender so purchasing a participation from another
Lender by delivering payment pursuant to this Section 2.13 may, to the fullest extent permitted by law, exercise all its rights of payment (including the right of set off) with respect to such participation as fully as if such Lender were the
direct creditor of the Borrower in the amount of such participation. 
 Section 2.14. Evidence of Debt. 

(a) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to
such Lender resulting from each Loan owing to such Lender from time to time, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder in respect of Loans. The Borrower agrees that upon notice by any
Lender to the Borrower (with a copy of such notice to the Administrative Agent) to the effect that a Note is required or appropriate in order for such Lender to evidence (whether for purposes of pledge, enforcement or otherwise) the Loans owing to
such Lender, the 

  
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Borrower shall promptly execute and deliver to such Lender a Note payable to the order of such Lender in a principal amount up to the outstanding Loans of such Lender. 

(b) The Register maintained by the Administrative Agent pursuant to Section 8.07(d) shall include (i) the date and amount of each
Borrowing, the Type of Loans comprising each Borrowing and, if appropriate, the Interest Period applicable thereto, (ii) the terms of each Assignment and Assumption delivered to and accepted by it, (iii) the amount of any principal or
interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iv) the amount of any sum received by the Administrative Agent from the Borrower hereunder and each Lender’s share thereof. 

(c) Entries made in good faith by the Administrative Agent in the Register pursuant to subsection (b) above, and by each Lender in its
account or accounts pursuant to subsection (a) above, shall be prima facie evidence of the amount of principal and interest due and payable or to become due and payable from the Borrower to, in the case of the Register, each Lender and, in the
case of such account or accounts, such Lender, under this Agreement, absent manifest error; provided, however, that the failure of the Administrative Agent or such Lender to make an entry, or any finding that an entry is incorrect, in
the Register or such account or accounts shall not limit or otherwise affect the obligations of the Borrower under this Agreement. 

Section 2.15. Fees. 

(a) Commitment Fee. The Borrower shall pay to the Administrative Agent for the account of each Lender (other than any Defaulting Lender
or Non-Funding Lender) a commitment fee on the daily actual unused amount of the Commitment of such Lender, for each day during the period from and including the Effective Date to and including the date on which the Commitments are terminated
pursuant to Section 2.04 or 2.08, at a rate equal to 0.10% per annum. The commitment fee shall accrue at all times during such period, including at any time during which one or more of the conditions in Article 3 is not met, and shall be
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 Effective Date, and on the date on which the Commitments are terminated pursuant to
Section 2.04 or 2.08. Such fees shall be fully earned upon becoming due and payable and shall not be refundable for any reason whatsoever. 

(b) Duration Fees. On each Duration Fee Payment Date, the Borrower shall pay to the Administrative Agent for the account of each Lender
a duration fee equal to the aggregate principal amount of the Loans of such Lender outstanding on such Duration Fee Payment Date times the Applicable Duration Fee Rate in effect on such Duration Fee Payment Date; provided that if any
Loans are repaid pursuant to Section 2.03 or prepaid pursuant to Section 2.08 on a Duration Fee Payment Date, such Loans shall not be considered outstanding for the purposes of this sentence. Such fees shall be fully earned upon becoming
due and payable and shall not be refundable for any reason whatsoever. 
 (c) Other Fees. The Borrower shall timely pay such fees as
separately agreed in the Fee Letters. 

  
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 Section 2.16. Extension of Maturity. The Borrower may, by written notice to the
Administrative Agent (which shall promptly deliver a copy to each Lender) in substantially the form of Exhibit G hereto not less than five Business Days prior to the Maturity Date, extend the maturity date of up to $25,000,000,000 in principal
amount of the Loans to the Extended Maturity Date if the following conditions have been satisfied as of the Maturity Date: 
 (a) No Event
of Default shall have occurred and be continuing; 
 (b) The Specified Representations shall be true and correct in all material respects;

 (c) The Borrower shall have paid all fees and reasonable out-of-pocket expenses payable hereunder on or prior to the Maturity Date; and

 (d) Delivery of an officer’s certificate in substantially the form of Exhibit H hereto from an Authorized Officer that the
conditions in Section 2.16(a) and (b) have been satisfied. 
 The occurrence of an extension of the Maturity Date pursuant to this
Section 2.16 shall be deemed to be a representation by the Borrower that the representations in clause (a) and (b) above are accurate. Any extension pursuant to this Section 2.16 shall be of a pro rata portion of
each of the then outstanding Tranche of Loans, and each Lender shall participate ratably in such extension. 
 ARTICLE 3 

CONDITIONS TO EFFECTIVENESS AND LENDING 

Section 3.01. Effective Date. The Lenders’ Commitments shall not become effective hereunder unless each of the following
conditions is satisfied (or waived in accordance with Section 8.01): 
 (a) The Administrative Agent (or its counsel) shall have
received from each party hereto either (i) a counterpart of this Agreement signed on behalf of such party or (ii) customary written evidence reasonably satisfactory to the Administrative Agent (which may include telecopy or electronic
transmission of a signed signature page of this Agreement) that such party has signed a counterpart of this Agreement. 
 (b) The Borrower
shall have paid (or, in the event that clause (a) above and clauses (c) and (d) below have each been satisfied (or waived) on a date that is not a Business Day, delivered written notice that it intends to pay on the next succeeding
Business Day (the “Fee Payment Date”)) all fees and reasonable out-of-pocket expenses of the Administrative Agent, the Joint Lead Arrangers and the Lenders that are due and payable on the Effective Date (or, if applicable, the Fee
Payment Date), including the invoiced fees and expenses of counsel to the Administrative Agent, for which invoices have been presented to the Borrower prior to the Effective Date. 

(c) The Administrative Agent (or its counsel) shall have received on or before the Effective Date each of the following: 

  
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 (i) copies of the certificate of incorporation of the Borrower, together with all
amendments thereto, and a certificate of good standing, each certified by the appropriate governmental officer in its jurisdiction of incorporation; 

(ii) copies, certified by the Secretary or Assistant Secretary of the Borrower, of its by-laws and of its Board of
Directors’ resolutions authorizing the borrowing by the Borrower hereunder, the Transactions and the payment of related fees and expenses and the execution of the Loan Documents to which it is a party; 

(iii) an incumbency certificate, executed by the Secretary or Assistant Secretary of the Borrower, which shall identify by name
and title and bear the signatures of any of the Authorized Officers and any other officers or employees of the Borrower authorized to sign the Loan Documents to which it is a party and to request Loans hereunder, upon which certificate the
Administrative Agent and the Lenders shall be entitled to rely until informed of any change in writing by the Borrower; and 

(iv) a favorable written opinion of each of (A) the General Counsel of the Borrower and (B) Wachtell, Lipton,
Rosen & Katz, each in form reasonably satisfactory to the Administrative Agent. 
 (d) The Administrative Agent shall have received
all documentation and other information required by bank regulatory authorities under applicable “know-your-customer” and anti-money laundering rules and regulations, including the Act, as reasonably requested by the Administrative Agent
in writing at least five days prior to the Effective Date. 
 Section 3.02. Funding Date. Each Lender’s obligations to make
any Loan hereunder is subject to the satisfaction (or waiver in accordance with Section 8.01) of the following conditions on or after the Effective Date: 

(a) The Share Acquisition shall have been (or, substantially contemporaneously with the borrowing of the Loans, shall be) consummated pursuant
to the Transaction Agreement without giving effect to any consents, amendments or waivers by the Borrower thereto that in each case are materially adverse to the Lenders or the Joint Lead Arrangers (each, a “Materially Adverse
Modification”), unless each of the Joint Lead Arrangers shall have provided consent thereto (such consent not to be unreasonably withheld, conditioned or delayed) (it being understood that (A) any reallocation of the acquisition
consideration pursuant to the terms of the Transaction Agreement as in effect on the Effective Date shall not be a consent, amendment or waiver requiring the consent of the Joint Lead Arrangers and (B) neither of (i) any increase in the
Cash Consideration or the Base Verizon Share Amount composed of, or financed with the proceeds of the issuance of, equity of the Borrower or (ii) any decrease of less than 15% of the sum of the Cash Consideration plus the Base Verizon Share
Amount plus the Omnitel Consideration Amount or the aggregate principal amount of the Omnitel Note, as applicable, plus the aggregate principal amount of the Verizon Notes as contemplated on the Effective Date shall be materially adverse to the
Lenders or the Joint Lead Arrangers); provided that, in the case of a Vodafone Scheme (as defined in the Transaction Agreement), if the conditions precedent to the Share Acquisition specified in Article 7 of the Transaction Agreement, other
than the Post-Sanction Conditions (as defined in the Transaction Agreement), have been satisfied or waived 

  
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(without any Materially Adverse Modification) and the Borrower delivers a notice in writing to the Administrative Agent confirming satisfaction or waiver (without any Materially Adverse
Modification) of such conditions, then the condition precedent in this clause (a) shall be deemed to have been satisfied subject to the satisfaction of the Post-Sanction Conditions (without any Materially Adverse Modification) within two
Business Days following delivery of such notice. 
 (b) The Borrower shall have paid all fees and reasonable out-of-pocket expenses of the
Administrative Agent, the Joint Lead Arrangers and the Lenders that are due and payable on the Funding Date (including the invoiced fees and expenses of counsel to the Administrative Agent) for which invoices have been presented to the Borrower at
least three Business Days prior to the Funding Date. 
 (c) The Administrative Agent (or its counsel) shall have received each Note
requested by any Lender pursuant to Section 2.14, which request was made in writing at least five Business Days prior to the Funding Date. 

(d) (i) the Transaction Representations shall be true and correct as of (x) if the Transactions are to be consummated pursuant to the
Vodafone Scheme (as defined in the Transaction Agreement), on the Sanction Date (as defined in the Transaction Agreement) and (y) otherwise, on the date of the borrowing of the Loans, and (ii) the Specified Representations shall be true
and correct in all material respects (and, in the case of any Specified Representation qualified as to “materiality” or by “Material Adverse Effect” or similar standard, in all respects) as at the time of the borrowing of the
Loans. 
 (e) The absence of, at the time of borrowing of the Loans, any Event of Default described in Sections 6.01(a), 6.01(c)(i) (solely
with respect to a breach of Section 5.02(a) and 5.02(b)), 6.01(d) (solely with respect to the acceleration of indebtedness for borrowed money of the Borrower aggregating to at least the Requisite Amount) or 6.01(e). 

(f) The Administrative Agent shall have received (i) a certificate in form attached as Exhibit F hereto, dated as of the Funding Date,
from an Authorized Officer or the Secretary or Assistant Secretary of the Borrower that each of the conditions set forth in Sections 3.02(a), (d) (with respect to clause (i), to the knowledge of such Authorized Officer, Secretary or Assistant
Secretary based solely on his or her review of the certificate delivered by Vodafone under Section 7.3(c) of the Transaction Agreement) and (e) have been satisfied and (ii) a Notice of Borrowing in accordance with Section 2.02.

 Section 3.03. Determinations Under Sections 3.01 and 3.02. For purposes of determining compliance with the conditions
specified in Sections 3.01 and 3.02, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to
the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by this Agreement shall have received written notice from such Lender prior to, with respect to conditions specified in Section 3.01, the
Effective Date, and with respect to conditions specified in Section 3.02, the Funding Date, specifying its objection thereto. The Administrative Agent (or its counsel) shall promptly notify the Lenders and the Borrower in

  
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writing of the occurrence of each of the Effective Date and the Funding Date and each such notification shall be conclusive and binding. 

Section 3.04. Actions During the Availability Period. During the Availability Period and notwithstanding anything set forth in
this Agreement or otherwise to the contrary (including whether any condition to the occurrence of the Effective Date may subsequently be determined not to have been satisfied or that any representation given as a condition thereof or otherwise was
incorrect or any failure by the Borrower to comply with the covenants in Sections 5.01 and 5.02 prior to the funding of the Loans on the Funding Date), except as set forth in Section 3.02, neither the Administrative Agent nor any Lender or any
other person shall be entitled to: 
 (a) cancel any of its Commitments (except as set forth in Section 2.04 or 2.08) to the extent to
do so would prevent, limit or delay the making of a Loan; 
 (b) rescind, terminate or cancel this Agreement or any of its Commitments
hereunder or exercise any right or remedy or make or enforce any claim under the Loan Documents or otherwise it may have to the extent to do so would prevent, limit or delay the making of its Loan; 

(c) refuse to participate in making its Loan; or 

(d) exercise any right of set off or counterclaim in respect of its Loan to the extent to do so would prevent, limit or delay the making of
its Loan. 
 Notwithstanding anything set forth in this Agreement to the contrary, without limiting the provisions of Section 3.02, any failure by the
Borrower to comply with Section 5.01 or 5.02 prior to the funding of the Loans on the Funding Date shall not constitute a breach of this Agreement, and the Administrative Agent and the Lenders shall have no rights or remedies with respect
thereto; provided, that after the funding of the Loans on the Funding Date, the Lenders shall have all rights and remedies pursuant to Section 6.01 with respect to any such non-compliance notwithstanding that they were not available
during the Availability Period as a result of this Section 3.04. 
 ARTICLE 4 

REPRESENTATIONS AND WARRANTIES 

Section 4.01. Representations and Warranties of the Borrower. The Borrower represents and warrants on the Effective Date (and,
solely with respect to the Specified Representations (i) on the Funding Date and (ii) to the extent required by Section 2.16, on the Maturity Date) as follows: 

(a) The Borrower is a corporation duly organized, validly existing and in good standing under the laws of the state of its incorporation. 

(b) The execution, delivery and performance by the Borrower of this Agreement and the Notes, if any, and the consummation of the transactions
contemplated hereby and thereby, are within the Borrower’s organizational powers, have been duly authorized by all necessary organizational action, and do not contravene (i) the Borrower’s charter or by-laws (or other

  
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equivalent organizational documents) or (ii) except where such contravention would not reasonably be expected to have a Material Adverse Effect, any law or contractual restriction binding on
or affecting the Borrower. 
 (c) No authorization or approval or other action by, and no notice to or filing with, any governmental
authority or regulatory body is required for the due execution, delivery and performance by the Borrower of this Agreement or the Notes, if any, except as would not reasonably be expected to have a material adverse effect on the validity or
enforceability of this Agreement or the Notes, if any, or the material rights or remedies of the Administrative Agent or the Lenders hereunder or thereunder. 

(d) This Agreement has been, and each of the Notes, if any, when delivered hereunder will have been, duly executed and delivered by the
Borrower. Assuming that this Agreement has been duly executed by the Administrative Agent and each of the Lenders, this Agreement is, and each of the Notes when delivered hereunder will be, the legal, valid and binding obligation of the Borrower
enforceable against the Borrower in accordance with their respective terms, subject to (i) bankruptcy, insolvency, reorganization, moratorium and other similar laws of general application affecting the rights and remedies of creditors and
(ii) general principles of equity, regardless of whether applied in proceedings in equity or at law. 
 (e) The Consolidated balance
sheet of the Borrower as at December 31, 2012 and the related Consolidated statements of income and cash flows of the Borrower for the fiscal year then ended, which have been made publicly available on the SEC’s EDGAR system website,
fairly present, in all material respects, the Consolidated financial condition of the Borrower as at such date and the Consolidated results of the operations of the Borrower for the period ended on such date, all in accordance with GAAP. 

(f) There is no pending or (to the knowledge of the Borrower) threatened action, investigation or proceeding, including, without limitation,
any Environmental Action, affecting the Borrower or any of its Subsidiaries which has not been disclosed in the Borrower’s most recent Annual Report on Form 10-K or subsequent Quarterly Reports on Form 10-Q filed with the SEC on or prior to the
date hereof before any court, governmental agency or arbitrator that is initiated by any Person other than a Lender in its capacity as a Lender (i) that is reasonably likely to have a Material Adverse Effect or (ii) that purports to affect
the legality, validity or enforceability of any Loan Document and as to which there is a reasonable possibility of an adverse decision. 

(g) Since December 31, 2012, there has been no Material Adverse Change. 

(h) The Borrower is not an Investment Company, as such term is defined in the Investment Company Act of 1940, as amended. 

(i) No part of the proceeds of any Loans will be used by the Borrower in any manner that would result in a violation of Regulation U or X,
issued by the Board of Governors of the Federal Reserve System. 
 (j) Set forth on Schedule 4.01(j) hereof is a list of Subsidiaries of the
Borrower that, for the most recent fiscal quarter of the Borrower, in the aggregate, together with the Borrower, 

  
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accounted for not less than 65% of total revenues and sales as shown on the Consolidated financial statements of the Borrower for such fiscal quarter. 

(k) None of the Borrower, any of its Restricted Subsidiaries, or any of the Borrower’s directors or officers, nor, to the knowledge of
the Borrower, any directors or officers of any of the Borrower’s Restricted Subsidiaries, is the subject of sanctions administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”)
(including by being listed on the list of Specially Designated Nationals and Blocked Persons issued by OFAC) or the U.S. Department of State (collectively, “Sanctions”). None of the Borrower nor its Restricted Subsidiaries is
located, organized or resident in a country or territory that is the subject of Sanctions. No part of the proceeds of the Loans shall be used by the Borrower in violation of the United States Foreign Corrupt Practices Act of 1977, as amended. The
Borrower and each of its Restricted Subsidiaries is in compliance, in all material respects, with the Act. 
 ARTICLE 5 

COVENANTS OF THE BORROWER 

Section 5.01. Affirmative Covenants. So long as any Loan shall remain unpaid or any Lender shall have any Commitment hereunder,
the Borrower will: 
 (a) Compliance with Laws, Etc. Comply, and cause each of the Restricted Subsidiaries to comply, in all material
respects, with all applicable laws, rules, regulations and orders, such compliance to include, without limitation, compliance with ERISA and Environmental Laws, except where the failure to so comply would not have a Material Adverse Effect. 

(b) Payment of Taxes, Etc. Pay and discharge, and cause each of the Restricted Subsidiaries to pay and discharge, before the same shall
become delinquent, all taxes, assessments and governmental charges or levies imposed upon it or upon its property; provided, however, that the Borrower and the Restricted Subsidiaries shall not be required to pay or discharge any such
tax, assessment, charge or levy (i) that is being contested in good faith by appropriate proceedings and with respect to which appropriate reserves have been set aside or (ii) where failure to do so would not reasonably be expected to
result in a Material Adverse Effect. 
 (c) Maintenance of Insurance. Maintain, and cause each of the Restricted Subsidiaries to
maintain, insurance with reputable insurance companies or associations in such amounts and covering such risks as is (i) consistent with the Borrower’s past practice or (ii) usually carried by companies engaged in similar businesses
and owning similar properties in the same general areas in which the Borrower or such Restricted Subsidiary operates; provided, however, that each of the Borrower and the Restricted Subsidiaries may self-insure to the extent consistent
with prudent business practice. 
 (d) Preservation of Existence, Etc. Preserve and maintain, and cause each of the Restricted
Subsidiaries to preserve and maintain, its existence, rights and franchises; provided, however, that the Borrower and the Restricted Subsidiaries may consummate any transaction not prohibited by Section 5.02(b) and provided
further that (i) none of the Borrower or any of the Restricted Subsidiaries shall be required to preserve any right or franchise and (ii) any Restricted Subsidiary shall not be required to preserve any existence, in either case, if
(x) immediately after 

  
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giving effect thereto the representation in Section 4.01(j) would be true and (y) the management of the Borrower or of such Restricted Subsidiary shall determine that the preservation
thereof is no longer desirable in the conduct of the business of the Borrower or such Restricted Subsidiary, as the case may be. 
 (e)
Visitation Rights. Subject to applicable law and third party confidentiality agreements entered into by the Borrower or any Restricted Subsidiary, during normal business hours and upon not less than five days’ notice, permit the
Administrative Agent (and during the continuance of a Default, one or more Lenders) or agents or representatives thereof, to examine and make copies of and abstracts from the records and books of account of (excluding any confidential information),
and visit the properties of, the Borrower and any of the Restricted Subsidiaries, and to discuss the affairs, finances and accounts of the Borrower and any of the Restricted Subsidiaries with the appropriate representatives of the Borrower and
together with, subject to the Borrower’s prior written consent (such consent not to be unreasonably withheld or delayed), the appropriate representatives of the Borrower’s independent certified public accountants; provided that the
Administrative Agent and the Lenders may make copies of and abstracts from the records and books of account only at times when a Default has occurred and is continuing; provided further that so long as no Default or Event of Default is continuing,
the number of inspections that may be conducted in any fiscal year shall not exceed one. 
 (f) Keeping of Books. Keep, and cause
each of the Restricted Subsidiaries to keep, in all material respects, proper books of record and account, in which entries shall be made of all financial transactions and the assets and business of the Borrower and each such Restricted Subsidiary
sufficient to permit the preparation of financial statements in accordance with GAAP. 
 (g) Maintenance of Properties, Etc. Maintain
and preserve, and cause each of the Restricted Subsidiaries to maintain and preserve, its properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear excepted, except where the
failure to do so would not result in a Material Adverse Effect. 
 (h) Transactions with Affiliates. Conduct, and cause each of the
Restricted Subsidiaries to conduct, all transactions otherwise permitted under this Agreement with any of its Affiliates (other than the Borrower or any Subsidiary) on terms that are no less favorable to the Borrower or such Restricted Subsidiary
than it would obtain in a comparable arm’s length transaction with a Person not an Affiliate, or if no comparable arm’s length transaction exists, on terms that are fair and reasonable as determined by the management of the Borrower,
except in each case where the failure to do so, in the aggregate, would not have a Material Adverse Effect. 
 (i) Reporting
Requirements. Furnish to the Administrative Agent to make available (and the Administrative Agent agrees to make available and so deliver copies thereof) to each Lender (it being understood that each such deliverable shall be subject to the
confidentiality provisions of Section 8.13 hereof): 
 (i) as soon as available and in any event within 60 days after
the end of each of the first three quarters of each fiscal year of the Borrower, the Consolidated unaudited balance sheet of the Borrower as of the end of such quarter and the Consolidated statements of income and cash flows of the Borrower for the
period commencing at the 

  
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end of the previous fiscal year and ending with the end of such quarter, duly certified (subject to year-end audit adjustments) by the chief financial officer, treasurer or controller of the
Borrower as having been prepared in accordance with GAAP; 
 (ii) as soon as available and in any event within 120 days after
the end of each fiscal year of the Borrower, a copy of the annual audit report for such year for the Borrower, containing the Consolidated balance sheet of the Borrower as of the end of such fiscal year and the Consolidated statements of income and
cash flows of the Borrower for such fiscal year, in each case accompanied by the opinion(s) of one or more firms of independent certified public accountants of nationally recognized standing; 

(iii) as soon as possible and in any event within five Business Days after the occurrence of each Default continuing on the
date of such statement, a statement of the Chief Financial Officer, Treasurer or Controller of the Borrower setting forth details of such Default and the action that the Borrower has taken and proposes to take with respect thereto; 

(iv) promptly after the sending or filing thereof, copies of all quarterly and annual reports and proxy solicitations that the
Borrower sends to any of its securityholders, and copies of all reports on Form 8-K that the Borrower files with the SEC (other than reports on Form 8-K filed solely for the purpose of incorporating exhibits into a registration statement previously
filed with the SEC); 
 (v) prompt notice of all actions and proceedings before any court, governmental agency or arbitrator
affecting the Borrower or any of its Restricted Subsidiaries of the type described in Section 4.01(f); 
 (vi)
reasonably promptly after the request by any Lender, all documentation and other information required by bank regulatory authorities under applicable “know-your-customer” and anti-money laundering rules and regulations, including the Act,
as reasonably requested by such Lender in writing; 
 (vii) together with the financial statements required under
Section 5.01(i)(i) and (ii) during the period when the financial covenant set forth in Section 5.02(d) is in effect, a compliance certificate in substantially the form of Exhibit E signed by the Chief Financial Officer, Treasurer or
Controller of the Borrower showing the calculations necessary to determine compliance with the financial covenant set forth in Section 5.02(d); and 

(viii) such other information respecting the Borrower or any of the Restricted Subsidiaries as any Lender through the
Administrative Agent may from time to time reasonably request. 
 Reports required to be delivered pursuant to clauses (i), (ii) and (iv) above
for the Borrower shall be deemed to have been delivered on the date on which the Borrower posts such reports on any of www.sec.gov or www.verizon.com or on Intralinks (or another similar website for purposes of posting information to the Lenders to
which the Administrative Agent and the Lenders have 

  
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access) and such posting shall be deemed to satisfy the reporting requirements of clauses (i), (ii) and (iv) above. 

(j) Use of Proceeds. Use the proceeds of the Loans to finance, in part, the Transactions and to pay related transaction costs. 

Section 5.02. Negative Covenants. So long as any Loan shall remain outstanding or any Lender shall have any Commitment hereunder
the Borrower will not: 
 (a) Liens, Etc. Create any Lien on or with respect to any of its properties, whether now owned or hereafter
acquired, or on any of the income or profits therefrom unless it shall have made effective provision whereby the Loans shall be secured by such Lien equally and ratably with (or prior to) any and all obligations and Debt so secured so long as such
obligations and Debt are so secured, provided that nothing in this Section 5.02 shall be construed to prevent or restrict the following: 

(i) Permitted Liens, 

(ii) purchase money Liens upon or in any real property or equipment acquired or held by the Borrower in the ordinary course of
business to secure the purchase price of such property or equipment or to secure Debt incurred solely for the purpose of financing the acquisition of such property or equipment, or Liens existing on such property or equipment at the time of its
acquisition or conditional sales or other similar title retention agreements with respect to property hereafter acquired or extensions, renewals or replacements of any of the foregoing for the same or a lesser amount; provided,
however, that no such Lien shall extend to or cover any properties of any character other than the real property or equipment being acquired, and no such extension, renewal or replacement shall extend to or cover any properties not
theretofore subject to the Lien being extended, renewed or replaced, 
 (iii) the Liens existing on the Effective Date, 

(iv) Liens on property of a Person existing at the time such Person is merged into, consolidated with or acquired by the
Borrower, provided that (A) to the extent such Liens were created at a time when such Person was a Subsidiary or an Affiliate of the Borrower, such Liens attach solely to the properties or assets subject to such Liens immediately prior
to such merger, consolidation or acquisition, (B) any such Liens that were created during the period immediately prior to such merger, consolidation or acquisition were created in the ordinary course of business of such Person and (C) the
Debt secured by such Liens does not exceed the fair market value of the assets (including intangible assets) of such Person so merged into, consolidated with or acquired by the Borrower, 

(v) Liens to secure Debt issued by the Borrower in connection with a consolidation or merger of the Borrower with or into any
of its Affiliates in exchange for or otherwise in substitution for long-term senior secured Debt of such Affiliate (without increase in the amount or extension of the final maturity date of the Debt of such Affiliate), 

  
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 (vi) the replacement, extension or renewal of any Lien permitted by clauses
(iii) and (iv) above upon or in the same property theretofore subject thereto or the replacement, extension or renewal (without increase in the amount or extension of the final maturity date) of the Debt secured thereby, and 

(vii) other Liens securing Debt or other obligations in an aggregate principal amount not to exceed at any time outstanding
$400,000,000 (it being understood that any increase in the amount of Debt secured by such Liens shall be deemed to be the creation of a Lien for the purpose of this Section 5.02(a)). 

(b) Mergers, Etc. Merge or consolidate with or into, or convey, transfer, lease or otherwise dispose of (whether in one transaction or
in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to, any Person, or permit any of the Restricted Subsidiaries to do so, except that (i) any Restricted Subsidiary may merge or
consolidate with or into, or dispose of assets to, any other Restricted Subsidiary or any subsidiary that becomes a Restricted Subsidiary immediately following such merger, consolidation or acquisition of assets, (ii) any Restricted Subsidiary
may merge into or dispose of assets to the Borrower, (iii) the Restricted Subsidiaries may merge into, consolidate with or dispose of assets to Persons other than the Borrower and the Restricted Subsidiaries so long as, after giving effect to
such transaction, the Borrower and the Restricted Subsidiaries, taken as a whole, have not disposed of all or substantially all of their assets and (iv) the Borrower may merge with any of the Restricted Subsidiaries so long as the surviving
Person assumes all obligations of the Borrower hereunder and under the Notes, the documentation evidencing such assumption of obligations is reasonably satisfactory to the Required Lenders and such surviving Person has a Rating from at least one of
Moody’s or S&P of better than or equal to Baa2 and BBB, respectively, or if no Rating is available for such surviving Person, then such surviving Person has a Commercial Paper Rating from at least one of Moody’s or S&P of better
than or equal to P-2 or A-2, respectively, provided that, in the case of the foregoing clause (iv), no Default shall have occurred and be continuing at the time of such proposed transaction or would result therefrom. 

(c) Accounting Changes. Make or permit, or permit any of the Restricted Subsidiaries to make or permit, any change in accounting
policies or reporting practices, except (i) as required or permitted by GAAP, (ii) to implement IFRS pursuant to Section 1.03(b) or (iii) where the effect of such change, together with all other changes in accounting policies or
reporting practices made pursuant to this clause (iii) since the Effective Date, is immaterial to the Borrower and its Subsidiaries taken as a whole. 

(d) Leverage Ratio. After the funding of the Loans on the Funding Date until the first date following the Funding Date on which the
Borrower has a Rating from Moody’s and S&P of better than or equal to A3 and A-, respectively, (giving effect to the Transactions) permit the Leverage Ratio on the last day of any fiscal quarter for which financial statements are delivered
pursuant to Sections 5.01(i)(i) and (ii) to exceed 3.50:1.00. 

  
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 ARTICLE 6 

EVENTS OF DEFAULT 

Section 6.01. Events of Default. If any of the following events (“Event of Default”) shall occur at any time on
or after the Effective Date and be continuing after the funding of the Loans on the Funding Date: 
 (a) The Borrower shall fail to pay
(i) any principal of any Loan when the same becomes due and payable; or (ii) any interest on any Loan within three Business Days after the same becomes due and payable or (iii) any fees or other amounts payable under this Agreement or
any Note after the same become due and payable and such failure in the case of clause (iii) shall continue for three Business Days after the receipt by the Borrower of written notice from the Administrative Agent of such amount being due,
together with a statement in reasonable detail of the calculation thereof; or 
 (b) Any representation or warranty made or deemed made by
the Borrower herein or in any certificate required to be delivered hereunder shall prove to have been incorrect in any material respect when made or deemed made; or 

(c) (i) The Borrower shall fail to perform or observe any term, covenant or agreement contained in Section 5.01(d) (with respect to the
Borrower), Section 5.01(i)(iii) or Sections 5.02(a), (b) or (d), (ii) the Borrower shall fail to perform or observe any other term, covenant or agreement contained in Section 5.01(h) or Section 5.02(c) required to be
performed or observed by it and such failure shall remain unremedied for five Business Days or (iii) the Borrower shall fail to perform or observe any other term, covenant or agreement contained in this Agreement required to be performed or
observed by it and such failure shall remain unremedied for 30 days after written notice thereof shall have been given to the Borrower by the Administrative Agent or any Lender; or 

(d) The Borrower or any of the Restricted Subsidiaries shall fail to pay any principal of or premium or interest on any Debt that is
outstanding in a principal or, in the case of Hedge Agreements, net amount of at least $400,000,000 in the aggregate (but excluding Debt outstanding hereunder) of the Borrower or such Restricted Subsidiary, as the case may be (the “Requisite
Amount”), when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the later of five Business Days and the applicable grace period,
if any, specified in the agreement or instrument relating to such Debt; or any such Debt aggregating the Requisite Amount shall be declared due and payable or any other event shall occur or condition shall exist under any agreement or instrument
relating to any such Debt aggregating the Requisite Amount and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate the maturity of such Debt
and such Debt shall not have been discharged or such event or condition shall continue to exist; or any such Debt aggregating the Requisite Amount shall be required to be prepaid or redeemed (other than by a regularly scheduled required prepayment
or redemption), purchased or defeased, in each case prior to the stated maturity thereof where the cause of such prepayment, redemption, purchase or defeasance is the occurrence of an event or condition that is premised on a material adverse
deterioration of the financial condition or results of operations of the Borrower or such 

  
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Restricted Subsidiary, provided that with respect to Debt aggregating the Requisite Amount of the types described in clauses (h) or (i) of the definition of “Debt” and
to the extent such Debt relates to the obligations of any Person other than a Restricted Subsidiary, no Event of Default shall occur so long as the payment of such Debt is being contested in good faith and by proper proceedings and as to which
appropriate reserves are being maintained; or 
 (e) The Borrower or any of the Restricted Subsidiaries shall (i) generally not pay its
respective debts as such debts become due, or shall admit in writing its inability to pay its debts generally, or shall make a general assignment for the benefit of creditors; or any proceeding shall be instituted by or against the Borrower or any
of the Restricted Subsidiaries seeking to adjudicate it as bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief, or composition of it or its debts under any law relating to
bankruptcy, insolvency or reorganization or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver, trustee, custodian or other similar official for it or for any substantial part of its property and, in the
case of any such proceeding instituted against it (but not instituted by it), either such proceeding shall remain undismissed or unstayed for a period of 60 days, or any of the actions sought in such proceeding (including, without limitation, the
entry of an order for relief against, or the appointment of a receiver, trustee, custodian or other similar official for, it or for any substantial part of its property) shall occur; or (ii) the Borrower or any of the Restricted Subsidiaries
shall take any corporate (or other organizational) action to authorize any of the actions set forth in this subsection (e) under any law relating to bankruptcy, insolvency or reorganization or relief of debtors; or 

(f) Any final judgment or order for the payment of money in excess of $400,000,000 shall have been rendered against the Borrower or any of the
Restricted Subsidiaries and enforcement proceedings shall have been commenced by any creditor upon such judgment or order and there shall be a period of 60 consecutive days during which a stay of enforcement of such judgment or order, by reason of a
pending appeal or otherwise, shall not have been in effect and such judgment or order is not satisfied, vacated or discharged; provided, however, that any such judgment or order shall not be an Event of Default under this subsection
(f) if and for so long as (i) the amount of such judgment or order is covered by a valid and binding policy of insurance between the defendant and the insurer or insurers covering payment thereof, (ii) such insurer or reinsurer shall
be rated, or, if more than one insurer or reinsurer, at least 90% of such insurers or reinsurers as measured by the amount of risk insured shall be rated, at least “A-” by A.M. Best Company or its successor or its successors and
(iii) such insurer(s) or reinsurer(s) has been notified of, and has not disputed the claim made for payment of, the amount of such judgment or order (but any amount of such claim not disputed shall not count towards the determination of an
Event of Default under this subsection (f)); or 
 (g) (i) Any Person or two or more Persons acting in concert shall have acquired
beneficial ownership (within the meaning of Rule 13d-3 of the SEC under the Securities Exchange Act of 1934), directly or indirectly, of Voting Stock of the Borrower (or other securities convertible into such Voting Stock) representing more than 50%
of the combined voting power of all Voting Stock of the Borrower or (ii) during any period of up to 11 consecutive months, commencing after the date of this Agreement, individuals who at the beginning of such 11-month period were directors of
the Borrower, together with individuals nominated or appointed to the board of directors of the Borrower by a majority of the directors 

  
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then still in office who were either directors at the beginning of such 11-month period or whose nomination or appointment was previously so approved, shall cease for any reason (other than
solely as a result of (A) death or disability or (B) voluntary retirement or resignation of any individual in the ordinary course and not for reasons related to an actual or proposed change of control of the Borrower) to constitute a
majority of the board of directors of the Borrower; or 
 (h) The Borrower or its ERISA Affiliates shall incur, or shall be reasonably
likely to incur, liability that would have a Material Adverse Effect as a result of one or more of the following: (i) the occurrence of any ERISA Event with respect to the Borrower, (ii) the partial or complete withdrawal of the Borrower
or its ERISA Affiliates from a Multiemployer Plan, or (iii) the reorganization or termination of a Multiemployer Plan; 
 then, and in any such event,
the Administrative Agent shall at the request, or may with the consent, of the Required Lenders, by notice to the Borrower, declare the Loans, all interest thereon and all other amounts payable under this Agreement by the Borrower to be forthwith
due and payable, whereupon the Loans, all such interest and all such amounts shall become and be forthwith due and payable by the Borrower, without presentment, demand, protest or further notice of any kind, all of which are hereby expressly waived
by the Borrower; provided, however, that in the event of an actual entry of an order for relief with respect to the Borrower under the Federal Bankruptcy Code, the Commitments shall automatically terminate and the Loans, all such
interest and all such amounts shall automatically become and be due and payable, without presentment, demand, protest or any notice of any kind, all of which are hereby expressly waived by the Borrower. 

ARTICLE 7 
 THE ADMINISTRATIVE
AGENT 
 Section 7.01. Appointment and Authority. Each of the Lenders hereby irrevocably appoints JPMCB to act on its behalf as
the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof,
together with such actions and powers as are reasonably incidental thereto. Except as otherwise expressly set forth herein, the provisions of this Article are solely for the benefit of the Administrative Agent and the Lenders, and the Borrower shall
not have rights as a third party beneficiary of any of such provisions. 
 Section 7.02. Rights as a Lender. The Person serving
as the Administrative Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or
“Lenders” shall, unless otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits
from, lend money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent
hereunder and without any duty to account therefor to the Lenders. 

  
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 Section 7.03. Exculpatory Provisions. The Administrative Agent shall not have any
duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent: 

(a) shall not be subject to any fiduciary duties, regardless of whether a Default has occurred and is continuing; 

(b) shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers
expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for
herein or in the other Loan Documents); provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to liability or that is contrary
to any Loan Document or applicable law; and 
 (c) shall not, except as expressly set forth herein and in the other Loan Documents, have any
duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or any of its Affiliates
in any capacity. 
 The Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the
request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 6.01 and 8.01)
or (ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until notice describing such Default is given to the Administrative Agent by the
Borrower or a Lender. 
 The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any
statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or
therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness
of this Agreement, any other Loan Document or any other agreement, instrument or document or (v) the satisfaction of any condition set forth in Article 3 or elsewhere herein, other than to confirm receipt of items expressly required to be
delivered to the Administrative Agent. 
 Section 7.04. Reliance by Administrative Agent. The Administrative Agent shall be
entitled to rely upon, and shall not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other
distribution) believed by it to be genuine and to have been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been
made by the proper Person, and shall not incur any liability for 

  
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relying thereon. In determining compliance with any condition hereunder to the making of a Loan that by its terms must be fulfilled to the satisfaction of a Lender, the Administrative Agent may
presume that such condition is satisfactory to such Lender unless the Administrative Agent shall have received notice to the contrary from such Lender prior to the making of such Loan. The Administrative Agent may consult with legal counsel (who may
be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 

Section 7.05. Delegation of Duties. The Administrative Agent may perform any and all of its duties and exercise its rights and
powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and
powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their respective
activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent. 

Section 7.06. Resignation of Administrative Agent. The Administrative Agent may at any time give notice of its resignation to the
Lenders and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, with the consent of the Borrower so long as no Default has occurred and is continuing (such consent not to be unreasonably withheld
or delayed), to appoint a successor Administrative Agent, which shall be a commercial bank organized or licensed under the laws of the United States of America or of any State thereof and having a combined capital and surplus of at least
$5,000,000,000. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its resignation (such 30-day period, the
“Lender Appointment Period”), then the retiring Administrative Agent may, on behalf of the Lenders with the consent of the Borrower so long as no Default has occurred and is continuing (such consent not to be unreasonably withheld
or delayed), appoint a successor Administrative Agent meeting the qualifications set forth above. In addition and without any obligation on the part of the retiring Administrative Agent to appoint, on behalf of the Lenders, a successor
Administrative Agent, the retiring Administrative Agent may at any time upon or after the end of the Lender Appointment Period notify the Borrower and the Lenders that no qualifying Person has accepted appointment as successor Administrative Agent
and the effective date of such retiring Administrative Agent’s resignation. Upon the resignation effective date established in such notice and regardless of whether a successor Administrative Agent has been appointed and accepted such
appointment, the retiring Administrative Agent’s resignation shall nonetheless become effective and (i) the retiring Administrative Agent shall be discharged from its duties and obligations as Administrative Agent hereunder and under the
other Loan Documents and (ii) all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender directly, until such time as the Required Lenders appoint a
successor Administrative Agent as provided for above in this paragraph. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers,
privileges and duties as Administrative Agent 

  
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of the retiring (or retired) Administrative Agent, and the retiring Administrative Agent shall be discharged from all of its duties and obligations as Administrative Agent hereunder or under the
other Loan Documents (if not already discharged therefrom as provided above in this paragraph). The fees payable by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed
between the Borrower and such successor. After the retiring Administrative Agent’s resignation hereunder and under the other Loan Documents, the provisions of this Article 7 and Section 8.04 shall continue in effect for the benefit of such
retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring Administrative Agent was acting as Administrative Agent. 

Section 7.07. Non-Reliance on Administrative Agent and Other Lenders. Each Lender acknowledges that it has, independently and
without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each
Lender also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate,
continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. 

Section 7.08. No Other Duties, Etc. Anything herein to the contrary notwithstanding, none of the Global Coordinators, Syndication
Agent, Documentation Agents or Joint Lead Arrangers and Joint Bookrunners listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as
applicable, as the Administrative Agent or a Lender hereunder. 
 ARTICLE 8 

MISCELLANEOUS 
 Section 8.01.
Amendments, Etc. 
 (a) No amendment or waiver of any provision of this Agreement or any Notes, nor consent to any departure by the
Borrower therefrom, shall in any event be effective unless the same shall be in writing and signed by the Borrower and the Required Lenders, and then such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given; provided, however, that (i) any provision of this Agreement may be amended by an agreement in writing entered into by the Borrower and the Administrative Agent to cure any ambiguity, omission, defect or
inconsistency so long as, in each case, the Lenders shall have received at least ten Business Days’ prior written notice thereof and the Administrative Agent shall not have received, within ten Business Days of the date of such notice to the
Lenders, a written notice from the Required Lenders stating that the Required Lenders object to such amendment, (ii) no amendment, waiver or consent shall, unless in writing and signed by all the Lenders, do any of the following:
(A) change the percentage of the Commitments of or the aggregate unpaid principal amount of the Loans, or the number of Lenders, that shall be required for the Lenders or any of them to take any action hereunder or (B) amend this
Section 8.01 and (iii) no amendment, waiver or consent shall, unless in writing and signed by the Required 

  
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Lenders and each Lender that has or is owed obligations under this Agreement or the Notes that are modified by such amendment, waiver or consent, (A) increase or extend the Commitment of
such Lender (other than pursuant to Section 2.16) or subject such Lender to any additional obligations (it being understood that any amendment, waiver or consent in respect of conditions precedent, covenants, Defaults or Events of Default shall
not constitute an increase or extension of the Commitment of any Lender), (B) reduce the principal of, or interest on, the Loans made by such Lender, fees or other amounts payable hereunder to such Lender, (C) postpone any date fixed for
any payment of principal of, or interest on, the Loans made by such Lender, fees or other amounts payable hereunder to such Lender or (D) waive the application of Section 2.13 or otherwise change Section 2.04, Section 2.08,
Section 2.11 or Section 2.13 in a manner that would alter the pro rata sharing of any payment or reduction in the Commitments required thereby and provided further that no amendment, waiver or consent shall,
unless in writing and signed by the Administrative Agent, in addition to the Lenders required above to take such action, affect the rights or duties of the Administrative Agent under this Agreement or any Note. Notwithstanding anything to the
contrary herein, (x) no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder, except that the Commitment of such Lender may not be increased or extended without the consent of such Lender
and (y) no amendment, waiver or consent with respect to Section 2.08(e) may affect one Tranche adversely vis-à-vis the other Tranche without the consent of Lenders having at least a majority in interest of the outstanding principal
amount of Loans and Commitments of such Tranche. 
 (b) Each Lender grants (x) to the Administrative Agent the right (which right may
be exercised by the Administrative Agent in its sole discretion) to purchase all (but not less than all) of such Lender’s Commitments and Loans owing to it, and the Notes held by it and all of its rights and obligations hereunder at a price
equal to the aggregate principal amount of outstanding Loans owed to such Lender (together with all accrued and unpaid interest and fees owed to such Lender) and (y) to the Borrower the right (which right may be exercised by the Borrower in its
sole discretion) to cause an assignment of all (but not less than all) of such Lender’s Commitments and Loans owing to it and the Notes held by it and all of its rights and obligations hereunder to Eligible Assignees, which right may be
exercised by the Administrative Agent (in its sole discretion) or the Borrower (in its sole discretion), as the case may be, if such Lender refuses to execute any amendment, waiver or consent which requires the written consent of all the Lenders or
all of the affected Lenders and to which the Required Lenders, the Administrative Agent and the Borrower have agreed. Each Lender agrees that if the Administrative Agent or the Borrower, as the case may be, exercises its option hereunder, it shall
promptly execute and deliver an Assignment and Assumption pursuant to Section 8.07; provided however if such Lender does not execute and deliver such Assignment and Assumption, it shall be deemed to have executed and delivered
such document pursuant to Section 8.07. 
 (c) The Borrower may amend, supplement or otherwise modify Schedule 4.01(j) hereto at any
time by notice to the Administrative Agent, provided that immediately after giving effect to any such revised Schedule 4.01(j) no Default shall have occurred and be continuing and the representation and warranty made in Section 4.01(j)
shall be true. 
 Section 8.02. Notices, Communications and Treatment of Information. 

  
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 (a) Notices. 

(i) All notices, demands, requests, consents and other communications provided for in this Agreement shall be given in writing,
or by any telecommunication device capable of creating a written record (including electronic mail), and addressed to the party to be notified as follows: 

(A) if to the Borrower, 

Verizon Communications Inc. 

One Verizon Way 
 Basking Ridge,
NJ 07920 
 Attn: Janet Garrity, Vice President and Assistant Treasurer 

Phone: 908.559.4210 
 Email:
janet.m.garrity@verizon.com 
 (B) if to the Administrative Agent, 

JPMorgan Chase Bank, N.A. 
 c/o
Dimple Patel 
 500 Stanton Christiana Road, Ops 2 

Newark, DE 19713 
 Phone:
302.634.4154 
 Fax: 302.634.3301 

Email: dimple.x.patel@jpmorgan.com 

Group Email: 12012443629@tls.ldsprod.com 

with a copy to: 
 JPMorgan Chase
Bank, N.A. 
 c/o Mijal Warat 

383 Madison Ave., 24th Floor 

New York, NY 10179 
 Phone:
212.270.1011 
 Fax: 917.464.6017 

Email: mijal.x.warat@jpmorgan.com 

(C) if to any other Lender, to it at its address (or telecopier number) set forth in its Administrative Questionnaire; 

or at such other address as shall be notified in writing (x) in the case of the Borrower and Administrative Agent, to the other parties hereto and
(y) in the case of all other parties hereto, to the Borrower and the Administrative Agent. 
 (ii) All notices, demands,
requests, consents and other communications described in clause (i) shall be effective (1) if delivered by hand, including any overnight courier service, upon personal delivery, (2) if delivered by mail, when received by the

  
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intended recipient, (3) if delivered by posting to an Approved Electronic Platform, an Internet website or a similar telecommunication device requiring that a user have prior access to such
Approved Electronic Platform, website or other device (to the extent permitted by Section 8.02(b) to be delivered thereunder), when such notice, demand, request, consent and other communication shall have been made generally available on such
Approved Electronic Platform, Internet website or similar device to the class of Person being notified (regardless of whether any such Person must accomplish, and whether or not any such Person shall have accomplished, any action prior to obtaining
access to such items, including registration, disclosure of contact information, compliance with a standard user agreement or undertaking a duty of confidentiality) and such Person has been notified in respect of such posting that a communication
has been posted to the Approved Electronic Platform, (4) if delivered by posting to a website specified in Section 5.01(i), when such notice, demand, request, consent or other communication shall have been made available on such website to
the Administrative Agent and the Lenders and the Administrative Agent and the Lenders have been notified in respect of such posting that a communication has been posted to such website and (5) if delivered by electronic mail or any other
telecommunications device, when received by the intended recipient; provided that notices and communications to the Administrative Agent pursuant to Article 2 or Article 7 shall not be effective until received by the Administrative Agent.

 (iii) Notwithstanding clauses (i) and (ii) (unless the Administrative Agent requests that the provisions of
clauses (i) and (ii) be followed or if the Borrower elects to effect delivery of a communication pursuant to clause (ii)(4) above) and any other provision in this Agreement or any other Loan Document providing for the delivery of any
Approved Electronic Communication by any other means, the Borrower shall deliver all Approved Electronic Communications to the Administrative Agent by properly transmitting such Approved Electronic Communications in an electronic/soft medium in a
format reasonably acceptable to the Administrative Agent to covenant.compliance@jpmorgan.com and intralinks.publications@jpmorgan.com, with a copy to mijal.x.warat@jpmorgan.com or such other electronic mail address (or similar means of electronic
delivery) as the Administrative Agent may notify to the Borrower. Nothing in this clause (iii) shall prejudice the right of the Administrative Agent or any Lender to deliver any Approved Electronic Communication to the Borrower in any manner
authorized in this Agreement or to request that the Borrower effect delivery in such manner. 
 (b) Posting of Approved Electronic
Communications. 
 (i) Each of the Lenders and the Borrower agree that the Administrative Agent may, but shall not be
obligated to, make the Approved Electronic Communications available to the Lenders by posting such Approved Electronic Communications on IntraLinksTM or a substantially similar electronic platform chosen by the Administrative Agent in its
reasonable judgment to be its electronic transmission system (the “Approved Electronic Platform”). 

  
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 (ii) Although the Approved Electronic Platform and its primary web portal are
secured with generally-applicable security procedures and policies implemented or modified by the Administrative Agent from time to time (including, as of the Effective Date, a dual firewall and a User ID/Password Authorization System) and the
Approved Electronic Platform is secured through a single-user-per-deal authorization method whereby each user may access the Approved Electronic Platform only on a deal-by-deal basis, each of the Lenders and the Borrower acknowledge and agree that
the distribution of material through an electronic medium is not necessarily secure and that there are confidentiality and other risks associated with such distribution. In consideration for the convenience and other benefits afforded by such
distribution and for the other consideration provided hereunder, the receipt and sufficiency of which is hereby acknowledged, each of the Lenders and the Borrower hereby approve distribution of the Approved Electronic Communications through the
Approved Electronic Platform and understands and, except with respect to any such distribution found by a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of the Administrative Agent or any of its
Related Indemnity Persons, assumes the risks of such distribution. 
 (iii) THE APPROVED ELECTRONIC PLATFORM AND THE APPROVED
ELECTRONIC COMMUNICATIONS ARE PROVIDED “AS IS” AND “AS AVAILABLE”. NONE OF THE ADMINISTRATIVE AGENT NOR ANY OF ITS RELATED PARTIES WARRANT THE ACCURACY, ADEQUACY OR COMPLETENESS OF THE APPROVED ELECTRONIC COMMUNICATIONS OR THE
APPROVED ELECTRONIC PLATFORM AND EACH EXPRESSLY DISCLAIMS ANY LIABILITY FOR ERRORS OR OMISSIONS IN THE APPROVED ELECTRONIC COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING, WITHOUT
LIMITATION, ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY THE AGENT PARTIES IN CONNECTION WITH THE APPROVED ELECTRONIC
COMMUNICATIONS OR THE APPROVED ELECTRONIC PLATFORM. 
 (iv) Each of the Lenders and the Borrower agrees that the
Administrative Agent may, but (except as may be required by applicable law) shall not be obligated to, store the Approved Electronic Communications on the Approved Electronic Platform in accordance with the Administrative Agent’s generally
applicable document retention procedures and policies. 
 (c) Treatment of Information. 

(i) Certain of the Lenders may enter into this Agreement and take or not take action hereunder or under the other Loan
Documents on the basis of information that does not contain material nonpublic information with respect to the Borrower or its securities (“Restricting Information”). Other Lenders may enter into this Agreement and take or not take
action hereunder or under the other Loan Documents on the basis of 

  
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information that may contain Restricting Information. Each Lender acknowledges its obligations under United States Federal and state securities laws. Neither the Administrative Agent nor any of
its Related Parties shall, by making any Communications (including Restricting Information) available to a Lender, by participating in any conversations or other interactions with a Lender or otherwise, make or be deemed to make any statement with
regard to or otherwise warrant that any such information or Communication does or does not contain Restricting Information nor shall the Administrative Agent or any of its Related Parties be responsible or liable in any way for any decision a Lender
may make to limit or to not limit its access to Restricting Information. In particular, none of the Administrative Agent nor any of its Related Parties (1) shall have, and the Administrative Agent, on behalf of itself and each of its Related
Parties, hereby disclaims, any duty to ascertain or inquire as to whether or not a Lender has or has not limited its access to Restricting Information, such Lender’s policies or procedures regarding the safeguarding of material, nonpublic
information or such Lender’s compliance with applicable laws related thereto or (2) shall have, or incur, any liability to (i) any Lender or any of their respective Related Parties arising out of or relating to the Administrative
Agent or any of its Related Parties providing or not providing Restricting Information to any Lender or (ii) the Borrower or any of its Related Parties arising out of or relating to the Administrative Agent or any of its Related Parties
providing or not providing Restricting Information to any Lender other than as found by a court of competent jurisdiction to have resulted from the gross negligence or willful misconduct of the Administrative Agent or any of its Related Parties.

 (ii) The Borrower agrees that (1) all Communications it provides to the Administrative Agent intended for delivery to
the Lenders whether by posting to the Approved Electronic Platform or otherwise shall, if such Communications are determined by the Borrower not to contain Restricting Information, be (A) clearly and conspicuously marked “PUBLIC”
which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof and (B) accompanied by a customary authorization letter in form reasonably satisfactory to the Administrative Agent (any
Communication satisfying both (A) and (B), an “Approved PUBLIC Communication”), (2) the Borrower shall be deemed to have authorized the Administrative Agent and the Lenders to treat such Approved PUBLIC Communications as
either publicly available information or not material information (although, in this latter case, such Communications may contain sensitive business information and, therefore, remain subject to the confidentiality undertakings of Section 8.13)
with respect to the Borrower or its securities for purposes of United States Federal and state securities laws, (3) all Approved PUBLIC Communications may be delivered to all Lenders and may be made available through a portion of the Approved
Electronic Platform designated “Public Side Information,” and (4) the Administrative Agent shall be entitled to treat any Communications that are not Approved PUBLIC Communications as Restricting Information and may post such
Communications to a portion of the Approved Electronic Platform not designated “Public Side Information”. Neither the Administrative Agent nor any of its Affiliates shall be responsible for any statement or other designation by the
Borrower regarding whether a Communication contains or does not contain material non-public information with respect to any of the Borrower or their securities nor shall the Administrative Agent or any of its Affiliates incur any liability to the
Borrower, any 

  
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Lender or any other Person for any action taken by the Administrative Agent or any of its Affiliates based upon such statement or designation, including any action as a result of which
Restricting Information is provided to a Lender that may decide not to take access to Restricting Information. Nothing in this Section 8.02(c) shall modify or limit a Person’s obligations under Section 8.13 with regard to
Communications and the maintenance of the confidentiality of or other treatment of Information. 
 (iii) Each Lender
acknowledges that circumstances may arise that require it to refer to Communications that might contain Restricting Information. Accordingly, each Lender agrees that it will nominate at least one designee to receive Communications (including
Restricting Information) on its behalf and identify such designee (including such designee’s contact information) on such Lender’s Administrative Questionnaire. Each Lender agrees to notify the Administrative Agent from time to time of
such Lender’s designee’s e-mail address to which notice of the availability of Restricting Information may be sent by electronic transmission. 

(iv) Each Lender acknowledges that Communications delivered hereunder and under the other Loan Documents may contain
Restricting Information and that such Communications are available to all Lenders generally. Each Lender that elects not to take access to Restricting Information does so voluntarily and, by such election, acknowledges and agrees that the
Administrative Agent and other Lenders may have access to Restricting Information that is not available to such electing Lender. Each such electing Lender acknowledges the possibility that, due to its election not to take access to Restricting
Information, it may not have access to any Communications (including, but not by way of limitation, the items required to be made available to the Administrative Agent specified in Section 5.01(i)) unless or until such Communications (if any)
have been filed or incorporated into documents which have been filed with the SEC by the Borrower (to the extent that the Borrower shall from time to time be subject to the reporting requirements of the SEC). None of the Borrower, the Administrative
Agent or any Lender with access to Restricting Information shall have any duty to disclose such Restricting Information to such electing Lender or to use such Restricting Information on behalf of such electing Lender, and shall not be liable for the
failure to so disclose or use, such Restricting Information. 
 (v) The provisions of the foregoing clauses of this
Section 8.02(c) are designed to assist the Administrative Agent, the Lenders and the Borrower in complying with their respective contractual obligations and applicable law in circumstances where certain Lenders express a desire not to receive
Restricting Information notwithstanding that certain Communications hereunder or under the other Loan Documents or other information provided to the Lenders hereunder or thereunder may contain Restricting Information. Neither the Administrative
Agent nor any of its Related Parties warrants or makes any other statement with respect to the adequacy of such provisions to achieve such purpose nor does the Administrative Agent or any of its Related Parties warrant or make any other statement to
the effect that the Borrower’s or Lender’s adherence to such provisions will be sufficient to ensure compliance by the Borrower or Lender with its contractual obligations or its duties under applicable law in respect of Restricting

  
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Information and each of the Lenders and the Borrower assume the risks associated therewith. 

Section 8.03. No Waiver; Remedies. No failure on the part of any Lender or the Administrative Agent to exercise, and no delay in
exercising, any right hereunder or under any Note shall operate as a waiver thereof; nor shall any single or partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right. Subject to
Section 3.04, the remedies herein provided are cumulative and not exclusive of any remedies provided by law. 
 Section 8.04.
Costs and Expenses. 
 (a) The Borrower agrees to pay on demand all reasonable out-of-pocket costs and expenses of the Administrative
Agent and the Joint Lead Arrangers in connection with the preparation, execution, delivery, administration, modification and amendment of this Agreement, the Notes and the other documents to be delivered hereunder, including, without limitation,
(A) all due diligence, syndication (including printing, distribution and bank meetings), transportation and duplication costs, and (B) the reasonable fees and expenses of a single counsel for the Administrative Agent and the Joint Lead
Arrangers with respect thereto and with respect to advising the Administrative Agent and the Joint Lead Arrangers as to their rights and responsibilities under this Agreement and the Fee Letters. Such expenses shall be paid by the Borrower upon
presentation of an itemized statement of account (after reasonable time for the Borrower to review such statement of account), regardless of whether the transactions contemplated by this Agreement are consummated. The Borrower further agrees to pay
on demand all costs and expenses of the Administrative Agent, the Joint Lead Arrangers and the Lenders, if any (including, without limitation, reasonable counsel fees and expenses), in connection with the enforcement (whether through negotiations,
legal proceedings or otherwise) of this Agreement, the Notes, the Fee Letters and the other documents to be delivered hereunder, including, without limitation, reasonable fees and expenses of counsel for the Administrative Agent, the Joint Lead
Arrangers and each Lender in connection with the enforcement of rights under this subsection (a). 
 (b) The Borrower agrees to indemnify
and hold harmless the Administrative Agent, the Joint Lead Arrangers, each Lender, and each of their Affiliates and their and such Affiliates’ officers, directors, employees, agents and advisors (each, together with their successors and
permitted assigns, an “Indemnified Party”) from and against any and all claims, damages, losses, liabilities and expenses (including, without limitation, reasonable fees and expenses of counsel) that may be incurred by or asserted
or awarded against any Indemnified Party, in each case arising out of or in connection with or by reason of, or in connection with the preparation for a defense of, any investigation, litigation or proceeding arising out of, related to or in
connection with (i) the syndication of the credit facility established hereby, this Agreement, the Notes, the Fee Letters, any of the transactions contemplated herein or the actual or proposed use of the proceeds of the Loans or (ii) the
actual or alleged presence of Hazardous Materials on any property of the Borrower or any of its Subsidiaries or any Environmental Action relating in any way to the Borrower or any of its Subsidiaries, in each case WHETHER OR NOT CAUSED BY OR
ARISING, IN WHOLE OR IN PART, OUT OF THE COMPARATIVE, CONTRIBUTORY OR SOLE NEGLIGENCE OF THE INDEMNIFIED PARTY, whether or not such investigation, 

  
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litigation or proceeding is based on contract, tort or any other theory, whether or not it is brought by the Borrower, its directors, shareholders or creditors or an Indemnified Party or any
other Person or any Indemnified Party is otherwise a party thereto and whether or not the transactions contemplated hereby are consummated, except to the extent such claim, damage, loss, liability or expense (A) is found by a court of competent
jurisdiction to have resulted from the gross negligence or willful misconduct of such Indemnified Party or any of its Related Indemnity Persons or (B) arises from disputes among two or more Indemnified Parties (but not including any such
dispute that involves a Lender to the extent such Lender is acting in any different capacity (i.e., as the Administrative Agent or as a Joint Lead Arranger) under this Agreement or the Fee Letters or to the extent that it involves the Joint Lead
Arrangers’ or the Administrative Agent’s syndication activities). No party to this Agreement shall have any liability based on any theory of liability, for special, indirect, consequential or punitive damages arising out of or otherwise
relating to this Agreement, the Notes, any of the transactions contemplated herein or the actual or proposed use of the proceeds of the Loans; provided that this sentence shall not limit the Borrower’s indemnification obligations set
forth in this subsection (b). 
 (c) To the extent that the Borrower for any reason fails to pay any amount required under subsection
(a) or (b) of this Section 8.04 to be paid by it to the Administrative Agent or any Affiliate of the Administrative Agent or any of their respective officers, directors, employees, agents or advisors, each Lender severally agrees to
pay to the Administrative Agent or such Affiliate, officer, director employee, agent or advisor, as the case may be, pro rata in accordance with such Lender’s outstanding Loans and Commitments or, if no Loans are outstanding and
the Commitments have expired or been terminated, such Lender’s Commitments as most recently in effect (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought), 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 in its capacity as such, or was incurred by or asserted against such
Affiliate, officer, director, employee, agent or advisor acting for the Administrative Agent in connection with such capacity, as the case may be. 

(d) If any payment of principal of, or Conversion of, any Eurodollar Rate Loan is made by the Borrower (or pursuant to Section 8.01(b))
to or for the account of a Lender other than within 15 days of the last day of the Interest Period for such Loan, as a result of a payment, prepayment (whether optional or mandatory) or Conversion pursuant to this Agreement or acceleration of the
maturity of the Loans pursuant to Section 6.01, the Borrower shall, upon demand by such Lender (with a copy of such demand to the Administrative Agent), pay to the Administrative Agent for the account of such Lender any amounts required to
compensate such Lender for any additional reasonable losses, costs or expenses that it may reasonably incur as a result of such payment, Conversion or failure to prepay, including, without limitation, any loss (excluding loss of anticipated
profits), cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by any Lender to fund or maintain such Loan. 

(e) Without prejudice to the survival of any other agreement hereunder, the agreements and obligations contained in Sections 2.09, 2.12, 8.04
and 8.13 shall survive the payment in full of principal, interest and all other amounts payable hereunder and under the Notes and termination of the Commitments. 

  
 -60- 

 Section 8.05. Right of Set off. Upon (i) the occurrence and during the
continuance of any Event of Default and (ii) the making of the request or the granting of the consent specified by Section 6.01 by the Required Lenders to authorize the Administrative Agent to declare the Loans due and payable pursuant to
the provisions of Section 6.01 and notice to the Borrower as required under Section 6.01, each Lender and each of its Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted 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 or such Affiliate to or for the credit or the account of the Borrower against any and all
of the obligations of the Borrower now or hereafter existing under this Agreement and any Note held by such Lender, whether or not such Lender shall have made any demand under this Agreement or such Note and although such obligations may be
unmatured. Each Lender agrees promptly to notify the Borrower and the Administrative Agent after any such set off and application, provided that the failure to give such notices shall not affect the validity of such set off and application.
The rights of each Lender and its Affiliates under this Section 8.05 are in addition to other rights and remedies (including, without limitation, other rights of set off) that such Lender and its Affiliates may have. 

Section 8.06. Binding Effect. Except as provided in Section 3.01, this Agreement shall become effective when it shall have
been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure
to the benefit of the Borrower, the Administrative Agent and each Lender and their respective successors and assigns, except that the Borrower shall not have the right to assign its rights hereunder or any interest herein without the prior written
consent of the Lenders. 
 Section 8.07. Assignments and Participations. 

(a) Each Lender may, with the consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed), and, if demanded
by the Administrative Agent or the Borrower (w) pursuant to Section 8.01(b), (x) following the right of such Lender to a payment arising under Section 2.09 or 2.12, (y) following a notice given by such Lender pursuant to
Section 2.10 or (z) if such Lender is a Defaulting Lender, in each case, upon at least ten Business Days’ notice to such Lender and the Administrative Agent, will, assign to one or more Persons all or a portion of its rights and
obligations under this Agreement (including, without limitation, all or a portion of its Commitments and Loans owing to it and any Notes held by it), provided that the Borrower may make a demand with respect to a Lender that has given notice
pursuant to Section 2.10 only if the Borrower makes such demand of all Lenders similarly situated that have given such notice; provided further that, any assignment (i) prior to the funding of the Loans on the Funding Date
shall be to (A) a Lender or an Affiliate or Approved Fund of a Lender; provided that if any assignee under this subclause (A) (to the extent, in the case of an assignee that is a Lender, not approved by the Borrower in its sole
discretion) becomes a Defaulting Lender or a Non-Funding Lender, the assignor shall remain responsible for the assigned Commitment in accordance with an Assignment and Assumption (the “Prefunding Backstop Requirement”) or
(B) any Persons with the consent of the Borrower (in its sole discretion); provided that all assignments by the Initial Lenders or Affiliates or Approved Funds thereof shall be subject to the Borrower’s consent in its sole
discretion except that assignment by an Initial Lender to its Affiliate shall be permitted without consent of the Administrative Agent or the 

  
 -61- 

 
Borrower so long as such Initial Lender shall satisfy the Prefunding Backstop Requirement and (ii) after the funding of the Loans on the Funding Date, shall be to (A) a Lender or an
Affiliate or Approved Fund of a Lender and (B) other Persons subject to the consent of the Borrower (not to be unreasonably withheld, and such consent to be deemed to have been given if the Borrower shall not have provided a response within ten
Business Days of a written request for consent) unless with respect to this clause (ii) an Event of Default under Section 6.01(a) or Section 6.01(e) has occurred and is continuing in which case the consent of the Borrower shall not be
required and provided further that, (i) [Reserved], (ii) except in the case of an assignment to a Person that, immediately prior to such assignment, was a Lender or an Affiliate of a Lender or an assignment of all of a Lender’s
rights and obligations under this Agreement, the Commitment of or the outstanding principal amount of the Loans owing to the assigning Lender being assigned pursuant to each such assignment (determined as of the date of the Assignment and Assumption
with respect to such assignment) shall in no event be less than $10,000,000 or an integral multiple of $1,000,000 in excess thereof unless otherwise agreed by the Borrower and the Administrative Agent, (iii) each such assignment shall be to an
Eligible Assignee, (iv) each such assignment made as a result of a demand by the Borrower shall be arranged by the Borrower after consultation with the Administrative Agent and shall be either an assignment of all of the rights and obligations
of the assigning Lender under this Agreement or an assignment of a portion of such rights and obligations made concurrently with another such assignment or other such assignments that together cover all of the rights and obligations of the assigning
Lender under this Agreement, (v) no Lender shall be obligated to make any such assignment as a result of a demand by the Borrower unless and until such Lender shall have received one or more payments from the Borrower or one or more Eligible
Assignees in an aggregate amount at least equal to the aggregate outstanding principal amount of the Loans owing to such Lender, together with accrued interest thereon to the date of payment of such principal and all other amounts that have accrued
and are payable to such Lender under this Agreement, (vi) the parties to each such assignment shall execute and deliver to the Administrative Agent, for its acceptance and recording in the Register, an Assignment and Assumption (it being
understood that a Defaulting Lender shall be deemed to have executed and delivered such Assignment and Assumption on the fifth Business Day following the demand of the Administrative Agent or the Borrower), together with a processing and recordation
fee of $3,500 and any Notes subject to such assignment (provided that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment) and (vii) the assignee, if it
shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire in which the assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information
about the Borrower and its Subsidiaries or its securities) will be made available and who may receive such information in accordance with the assignee’s compliance procedures and applicable laws, including Federal and state securities laws.
Upon such execution (including deemed execution), delivery (including deemed delivery), acceptance and recording, from and after the effective date specified in each Assignment and Assumption, (x) the assignee thereunder shall be a party hereto
and, to the extent that rights and obligations hereunder have been assigned to it pursuant to such Assignment and Assumption, have (in addition to any such rights and obligations theretofore held by it) the rights and obligations of a Lender
hereunder and (y) the Lender assignor thereunder shall, to the extent that rights and obligations hereunder have been assigned by it pursuant to such Assignment and Assumption, relinquish its rights other than rights of indemnification under
Section 8.04 or 

  
 -62- 

 
otherwise relating to a time prior to the effective date of such Assignment and Assumption and, except with respect to an applicable Prefunding Backstop Requirement, be released from its
obligations under this Agreement (and, in the case of an Assignment and Assumption 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). 

(b) By executing and delivering (or being deemed to have executed and delivered) an Assignment and Assumption, the Lender assignor thereunder
and the assignee thereunder confirm to and agree with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Assumption, such assigning Lender makes no representation or warranty and assumes no
responsibility with respect to any statements, warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other
instrument or document furnished pursuant hereto; (ii) such assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial condition of the Borrower or the performance or observance by the
Borrower of any of its obligations under this Agreement or any other instrument or document furnished pursuant hereto; (iii) such assignee confirms that it has received a copy of this Agreement, together with copies of the financial statements
referred to in Section 4.01(e), the most recent financial statements required to be delivered pursuant to Section 5.01(i) 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 Assumption; (iv) such assignee will, independently and without reliance upon the Administrative Agent, such assigning Lender or any other Lender and based on such documents and information as it shall deem
appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement; (v) such assignee confirms that it is an Eligible Assignee; (vi) such assignee appoints and authorizes the
Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion under this Agreement as are delegated to the Administrative Agent by the terms hereof, together with such powers and discretion as are
reasonably incidental thereto; and (vii) such assignee agrees that it will perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as a Lender. 

(c) Upon its receipt of an Assignment and Assumption executed by an assigning Lender, an assignee representing that it is an Eligible Assignee
and, to the extent its consent is required pursuant to Section 8.07(a), the Borrower, together with any Notes subject to such assignment, the Administrative Agent shall, if such Assignment and Assumption has been completed and is in
substantially the form of Exhibit C hereto or is in such other form approved by the Administrative Agent and (x) on or prior to the funding of the Loans on the Funding Date, the Borrower in its sole discretion and (y) following the funding
of the Loans on the Funding Date, so long as no Event of Default under Section 6.01(a) or (e) has occurred and is continuing, the Borrower (such approval of the Borrower not to be unreasonably withheld or delayed) (i) accept such
Assignment and Assumption, (ii) record the information contained therein in the Register and (iii) give prompt notice thereof to the Borrower by providing a copy of such Assignment and Assumption. 

(d) The Administrative Agent shall maintain at its address referred to in Section 8.02 a copy of each Assignment and Assumption delivered
to and accepted by it and a register for the recordation of the names and addresses of the Lenders and the unused Commitment of and the 

  
 -63- 

 
principal amount of the Loan owing to each Lender from time to time (the “Register”). Except as otherwise provided in Section 2.14(c), the entries in the Register shall be
conclusive and binding for all purposes, absent manifest error, and the Borrower, the Administrative Agent and the Lenders may treat each Person whose name is recorded in the Register as a Lender hereunder for all purposes of this Agreement. The
Register shall be available for inspection by the Borrower or any Lender at any reasonable time and from time to time upon reasonable prior notice. 

(e) Each Lender may sell participations to one or more banks or other entities (other than the Borrower or any of its Affiliates) (a
“Participant”) in or to all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of its unused Commitment and Loans owing to it and any Notes held by it); provided,
however, that (i) such Lender’s obligations under this Agreement (including, without limitation, its Commitment to the Borrower hereunder) shall remain unchanged, (ii) such Lender shall remain solely responsible to the other
parties hereto for the performance of such obligations, (iii) such Lender shall remain the obligee of any such Loan for all purposes of this Agreement, (iv) the Borrower, the Administrative Agent, and the other Lenders shall continue to
deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement, (v) no Participant under any such participation shall have any right to approve any amendment or waiver of any
provision of this Agreement or any Note, or any consent to any departure by the Borrower therefrom, except that a Lender may agree with a Participant as to the manner in which the Lender shall exercise the Lender’s rights to approve any
amendment, waiver or consent to the extent that such amendment, waiver or consent would reduce the principal of, or interest on, the Loans or any fees or other amounts payable hereunder, in each case to the extent subject to such participation, or
postpone any date fixed for any payment of principal of, or interest on, the Loans or any fees or other amounts payable hereunder, in each case to the extent subject to such participation and (vi) during the period from the date hereof to (and
including) the funding of the Loans on the Funding Date, no participation shall be permitted to any bank or other entity without the consent of the Borrower in its reasonable discretion; provided that, other than with respect to
participations by an Initial Lender or its Affiliate or Approved Fund (which participations shall be subject to the Borrower’s consent in its sole discretion), no such consent shall be required in the case of a participation to a Lender if the
Lender granting the participation shall have given prior written notice of such participation to the Borrower. The Borrower agrees that each Participant shall be entitled to the benefits of Sections 2.09 and 2.12 (subject to the requirements and
limitations therein, including the requirements under Sections 2.12(e) (it being understood that the documentation required under Section 2.12(e) shall be delivered to the participating Lender)) and 8.04(d) to the same extent as if it were a
Lender and had acquired its interest by assignment pursuant to paragraph (a) of this Section; provided that such Participant (A) agrees to be subject to the provisions of Sections 2.09(c) and 8.07(a) as if it were an assignee under
paragraph (b) of this Section; and (B) shall not be entitled to receive any greater payment under Sections 2.09 or 2.12, with respect to any participation, than its participating Lender would have been entitled to receive, except to the
extent such entitlement to receive a greater payment results from a change in law that occurs after the Participant acquired the applicable participation; provided the sale of such participation to such Participant was made with the
Borrower’s prior written consent. Each Lender that sells a participation agrees, at the Borrower’s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of Section 8.07(a) relating
to assignments on demand with respect to 

  
 -64- 

 
any Participant. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 8.05 as though it were a Lender; provided that such Participant
agrees to be subject to Section 2.13 as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as an agent of the Borrower, maintain a register on which it enters the name and address of each
Participant 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 (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) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury
Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this
Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 

(f) Any Lender may at any time, without the consent of the Administrative Agent, or the Borrower, create a security interest in all or any
portion of its rights under this Agreement (including, without limitation, the Loans owing to it, and any Note or Notes held by it and) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal
Reserve Bank; provided, however, that no such pledge or assignment shall release such Lender from any of its obligations hereunder, substitute any such pledgee or assignee for such Lender as a party hereto or have the effect of
increasing the costs payable by the Borrower. 
 Section 8.08. Governing Law. This Agreement shall be governed by, and construed
in accordance with, the laws of the State of New York. 
 Section 8.09. Execution in Counterparts. This Agreement may be
executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery
of an executed counterpart of a signature page to this Agreement by electronic transmission shall be effective as delivery of a manually executed counterpart of this Agreement. 

Section 8.10. Jurisdiction, Etc. 

(a) Each of the parties hereto 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, Borough of Manhattan, and any appellate court from any thereof, in any action or proceeding arising out of or relating to this Agreement or the
Notes, 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 any such New York State
court or, to the extent permitted by law, in such Federal court. Each of the parties hereto agrees that a final, non-appealable judgment in any such action or proceeding shall be conclusive and may be enforced

  
 -65- 

 
in other jurisdictions by suit on the judgment or in any other manner provided by law. Nothing in this Agreement shall affect any right that any party may otherwise have to bring any action or
proceeding relating to this Agreement, or the Notes in the courts of any jurisdiction. 
 (b) Each of the parties hereto irrevocably and
unconditionally waives, to the fullest extent it may legally and effectively do so, any objection that 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 Notes in
any court referred to in Section 8.10(a). 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. 

Section 8.11. Waiver of Jury Trial. Each of the Borrower, the Administrative Agent, the Joint Lead Arrangers and the Lenders
hereby irrevocably waives all right to trial by jury in any action, proceeding or counterclaim (whether based on contract, tort or otherwise) arising out of or relating to this Agreement or the Notes or the actions of the Administrative Agent, or
any Lender in the negotiation, administration, performance or enforcement thereof. 
 Section 8.12. USA Patriot Act. Each
Lender, as applicable, and each Joint Lead Arranger hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), they are
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 such Joint Lead Arranger to identify the Borrower in
accordance with the Act. This notice is given in accordance with the requirements of the Act and is effective as to each Lender and each Joint Lead Arranger. 

Section 8.13. Confidentiality. Each of the Administrative Agent, the Lenders and the Joint Lead Arrangers agrees to maintain the
confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective managers, administrators, trustees, partners, directors, officers, employees,
agents, advisors and other representatives (it being understood that the Administrative Agent, such Lender or such Joint Lead Arranger, as the case may be, shall inform the Persons to whom such disclosure is made of the confidential nature of such
Information and, in the case of any such disclosure to an Affiliate, director, officer or employee, cause compliance by such Persons with this Section), (b) to the extent requested by any regulatory authority purporting to have jurisdiction
over it (including any self-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, provided that the
Administrative Agent, such Lender or such Joint Lead Arranger, as the case may be, shall, unless prohibited by law, notify the Borrower of any disclosure pursuant to this clause (c) as far in advance as is reasonably practicable under the
circumstances, (d) to any other party hereto, (e) in connection with the exercise of any remedies hereunder or any action or proceeding relating to this Agreement or the enforcement of rights hereunder, (f) subject to an agreement
with the Borrower containing provisions at least as restrictive as those of this Section to (i) any permitted assignee of or permitted participant in, or any prospective permitted assignee of or permitted participant in, any of its rights or
obligations under this Agreement or (ii) any actual or prospective party (or its managers, administrators, trustees, partners, directors, officers, employees, agents, advisors and other representatives) to

  
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any swap, derivative or other transaction under which payments are to be made by reference to the Borrower and its obligations, this Agreement or payments hereunder, (iii) any rating agency
or (iv) the CUSIP Service Bureau or any similar organization, (g) with the consent of the Borrower or (h) to the extent such Information (i) becomes publicly available other than as a result of a breach of this Section or
(ii) becomes available to the Administrative Agent, any Lender, any Joint Lead Arranger or any of their respective Affiliates on a non-confidential basis from a source other than the Borrower without a duty of confidentiality to the Borrower or
its Subsidiaries having been breached to the knowledge of the Administrative Agent, such Lender or such Joint Lead Arranger, as the case may be. For purposes of this Section, “Information” means all information received from the
Borrower or any of its Subsidiaries (including the Fee Letters and any information obtained based on a review of the books and records of the Borrower and its Subsidiaries) relating to the Borrower or any of its Subsidiaries or any of their
respective businesses. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain
the confidentiality of such Information as such Person would accord to its own confidential information. 
 Section 8.14. No
Fiduciary Duty. The Borrower agrees that in connection with all aspects of the transactions contemplated hereby and any communications in connection therewith, the Borrower and its Affiliates, on the one hand, and the Administrative Agent, the
Lenders and their Affiliates, on the other hand, will have a business relationship that does not create, by implication or otherwise, any fiduciary duty on the part of the Administrative Agent, the Lenders or their Affiliates, and no such duty will
be deemed to have arisen in connection with any such transactions or communications. 
 Section 8.15. ENTIRE AGREEMENT. THIS
AGREEMENT, THE OTHER LOAN DOCUMENTS AND THE FEE LETTERS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES HERETO AND THERETO AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO
UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective officers or
representative thereunto duly authorized, as of the date first above written. 
  

			
	VERIZON COMMUNICATIONS INC.
		
	By:	 	 /s/ Francis J. Shammo

	Name:	 	Francis J. Shammo
	Title:	 	Executive Vice President and Chief Financial Officer

 
			
	JPMORGAN CHASE BANK, N.A.,
	 as Administrative Agent

		
	By:	 	 /s/ Robert D. Bryant

	Name:	 	Robert D. Bryant
	Title:	 	Vice President
	
	 JPMORGAN CHASE BANK, N.A.,
 as
Lender

		
	By:	 	 /s/ Robert D. Bryant

	Name:	 	Robert D. Bryant
	Title:	 	Vice President
	
	 MORGAN STANLEY SENIOR FUNDING, INC.,

as Lender

		
	By:	 	 /s/ Anish M. Shah

	Name:	 	Anish M. Shah
	Title:	 	Authorized Signatory
	
	 BANK OF AMERICA, N.A.,
 as
Lender

		
	By:	 	 /s/ Lisa W. Reiter

	Name:	 	Lisa W. Reiter
	Title:	 	Director
	
	 BARCLAYS BANK, PLC,
 as
Lender

		
	By:	 	 /s/ Jonathan Burn

	Name:	 	Jonathan Burn
	Title:	 	Managing Director

 Schedule 2.01 - Commitments 

Tranche A Commitments 
  

									
	 Tranche A Lender
	  	Tranche A
Commitment	 	  	Percentage of
Tranche A
Commitments	 
	 JPMorgan Chase Bank, N.A.
	  	$	3,000,000,000	  	  	 	25.000000000	% 
	 Morgan Stanley Senior Funding, Inc.
	  	$	3,000,000,000	  	  	 	25.000000000	% 
	 Bank of America, N.A.
	  	$	3,000,000,000	  	  	 	25.000000000	% 
	 Barclays Bank PLC
	  	$	3,000,000,000	  	  	 	25.000000000	% 
		  	  
	  
	 	  	  
	  
	 
	 Total
	  	$	12,000,000,000	  	  	 	100.000000000	% 
		  	  
	  
	 	  	  
	  
	 

 Tranche B Commitments 
  

									
	 Tranche B Lender
	  	Tranche B
Commitment	 	  	Percentage of
Tranche B
Commitments	 
	 JPMorgan Chase Bank, N.A.
	  	$	12,250,000,000	  	  	 	25.000000000	% 
	 Morgan Stanley Senior Funding, Inc.
	  	$	12,250,000,000	  	  	 	25.000000000	% 
	 Bank of America, N.A.
	  	$	12,250,000,000	  	  	 	25.000000000	% 
	 Barclays Bank PLC
	  	$	12,250,000,000	  	  	 	25.000000000	% 
		  	  
	  
	 	  	  
	  
	 
	 Total
	  	$	49,000,000,000	  	  	 	100.000000000	% 
		  	  
	  
	 	  	  
	  
	 

 Schedule 4.01(j) - Restricted Subsidiaries 

Cellco Partnership d/b/a Verizon Wireless 
 Verizon Pennsylvania
LLC 
 Including the consolidated Subsidiaries of each of the above-listed entities. 

 EXHIBIT A 

FORM OF 
 [TRANCHE A] [TRANCHE B]
NOTE 
 Dated:             , 201   

FOR VALUE RECEIVED, the undersigned, VERIZON COMMUNICATIONS INC., a Delaware corporation (the “Borrower”), HEREBY PROMISES TO
PAY to the order of [NAME OF LENDER] (the “Lender”) for the account of its Applicable Lending Office (as defined in the Credit Agreement referred to below) an amount equal to the aggregate unpaid principal amount of the [Tranche A
Loan] [Tranche B Loan] made by the Lender to the Borrower under the Credit Agreement, which principal amount shall be payable at such times and in such amounts as are specified in the Credit Agreement. 

The Borrower promises to pay interest on the unpaid principal amount of such [Tranche A Loan] [Tranche B Loan] from the date of such [Tranche
A Loan] [Tranche B Loan] until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement. 

Both principal and interest are payable in lawful money of the United States of America to JPMorgan Chase Bank, N.A., as Administrative Agent,
at the Administrative Agent’s Account, in same day funds, without set-off, counterclaim or deduction. 
 This Note is one of the Notes
referred to in, entitled to the benefits of, and subject to the terms and conditions of, the Bridge Credit Agreement dated as of September 2, 2013 among the Borrower, the Lender and certain other lenders parties thereto, and JPMorgan Chase
Bank, N.A., as Administrative Agent for the Lender and such other lenders (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; the terms defined therein being used herein as therein
defined). The Credit Agreement, among other things, (i) provides for the making of a [Tranche A Loan] [Tranche B Loan] by the Lender to the Borrower, the indebtedness of the Borrower resulting from such Loan being evidenced by this Note and
(ii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified.

 The Borrower 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 Note shall be governed by, and construed in accordance with, the law of the State of
New York. 
  

			
	VERIZON COMMUNICATIONS INC.
		
	By:	 	  

		 	Name:
		 	Title:

 Form of Note 

 EXHIBIT B 

FORM OF 
 NOTICE OF BORROWING 

                 , 201   

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

 [                    ] 

[                    ] 

Attention:                      

Ladies and Gentlemen: 
 The undersigned, Verizon
Communications Inc., refers to the Bridge Credit Agreement dated as of September 2, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; the terms defined therein being used
herein as therein defined), among the undersigned, certain Lenders parties thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders, and hereby give you notice pursuant to Section 2.02 of the Credit Agreement that the
undersigned hereby requests a Borrowing under the Credit Agreement, and sets forth below the information relating to such Borrowing (the “Proposed Borrowing”) as required by Section 2.02(a) of the Credit Agreement: 

The Business Day of the Proposed Borrowing is
                    ,         . 

The Type of Loans comprising the Proposed Borrowing is [Base Rate Loans] [Eurodollar Rate Loans]. 

The aggregate amount of the Proposed Borrowing is $        . 

The amount of the Proposed Borrowing that represents a Tranche A Loan is $        .

 The amount of the Proposed Borrowing that represents a Tranche B Loan is
$        . 
 Location and number of the account to which funds are to be disbursed:

  

					
		 	  
	  	
			
		 	  
	  	
			
		 	  
	  	

  
 Form of Notice of
Borrowing 

 [The initial Interest Period for each Eurodollar Rate Loan made as part of the
Proposed Borrowing is      month[s].] 
 [This Notice of Borrowing is conditioned upon the occurrence of
the following event: 
  

			
	  

		
	  
	 	.]

 [Signature Page Follows] 

  
 Form of Notice of
Borrowing 

 
			
	Very truly yours,
	
	VERIZON COMMUNICATIONS INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 Form of Notice of
Borrowing 

 EXHIBIT C 

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

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases
and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Assignment and Assumption Effective Date inserted by the Administrative Agent as contemplated below (i) all
of the Assignor’s rights and obligations in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of
all of such outstanding rights and obligations of the Assignor under the respective facilities identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the
Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or
in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and
assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”). [Such sale and assignment
is without recourse to the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor.]1[ Except as expressly provided in this
Assignment and Assumption, such sale and assignment is without recourse to the Assignor and without representation or warranty by the Assignor.]2 

[Notwithstanding anything to the contrary in this Assignment and Assumption, in accordance with Section 8.07 of the Credit Agreement, the
Assignor agrees that, notwithstanding the sale and assignment hereunder to the Assignee, in the event that the Assignee becomes a Defaulting Lender or a Non-Funding Lender, the Assignor shall promptly, upon written demand of the Administrative Agent
or the Borrower, perform all obligations of the Assignee under the Credit Agreement with respect to the assigned Commitments (to the extent such obligations have not already been performed by the Assignee). The Assignor’s obligations under the
immediately preceding sentence shall be unconditional and absolute and in connection therewith, the Assignor irrevocably waives acceptance of this Assignment and Assumption, presentment, demand, protest and any notice not provided for herein or in
the Credit Agreement, as well as any requirement that at any time any action be taken against the Assignee or any 
  

	1 	To be included if the Assignment and Assumption Effective Date is (i) not prior to the Funding Date or (ii) if prior to the Funding Date, in the case of an Assignee that is a Lender, approved by the Borrower
in its sole discretion. 

	2 	 To be included if the Assignment and Assumption Effective Date is prior to the Funding Date (to the extent, in the case of an Assignee that is a
Lender, not approved by the Borrower in its sole discretion). 

  
 Form of Assignment and
Assumption 

 
other Person; provided that for the avoidance of doubt the Assignor’s obligations under the preceding sentence shall be subject to the conditions set forth in the Credit Agreement and
the condition that the Assignee has become a Defaulting Lender or Non-Funding Lender. The foregoing shall not constitute a waiver or release of any claim the Assignor may have against the
Assignee.]3 
  

							
	1.	  	Assignor:	  	
                     

	  	
				
	2.	  	Assignee:	  	
                     

	  	
		  		  	[and is an [Affiliate][Approved Fund] of [identify Lender]]
			
	3.	  	Borrower:	  	Verizon Communications Inc.
			
	4.	  	Administrative Agent:	  	JPMorgan Chase Bank, N.A., as the administrative agent under the Credit Agreement
			
	5.	  	Credit Agreement:	  	The Bridge Credit Agreement dated as of September 2, 2013 among Verizon Communications Inc., the Lenders parties thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent.
				
	6.	  	Assigned Interest:	  		  	

  

																	
	 Facility Assigned4
	  	Aggregate Amount
of
Commitments/Loans
for all Lenders in
Facility Assigned	 	  	Amount of
Commitment/Loans
Assigned*	 	  	Percentage
Assigned of
Commitment/Loans
in Facility
Assigned5	 	 	Percentage Assigned
of all
Commitments/Loans6	 
		  	$	 	  	  	$	 	  	  	 	    	% 	 	 	    	% 
		  	$	 	  	  	$	 	  	  	 	    	% 	 	 	    	% 
		  	$	 	  	  	$	 	  	  	 	    	% 	 	 	    	% 

  

							
	[7.	  	Trade Date:	  	                            
          ]7	 	

 Assignment and Assumption Effective Date:
                         , 20     [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE ASSIGNMENT
AND ASSUMPTION EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 
  

	3 	To be included if the Assignment and Assumption Effective Date is prior to the Funding Date and such assignment is to a Lender or an Affiliate of the Assignor (to the extent, in the case of an Assignee that is a Lender,
not approved by the Borrower in its sole discretion). 

	4 	Fill in “Tranche A” or “Tranche B”. 

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

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

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

	7 	To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date. 

  
 Form of Assignment and
Assumption 
 2 

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

 

			
	ASSIGNOR
	[NAME OF ASSIGNOR]
		
	By:	 	  

		 	Title:
	
	ASSIGNEE
	[NAME OF ASSIGNEE]
		
	By:	 	  

		 	Title:

 Consented to and Accepted: 
  

			
	[JPMORGAN CHASE BANK, N.A., as
	 Administrative Agent

		
	By	 	  

		 	Title:]8
	
	[Consented to:
	
	VERIZON COMMUNICATIONS INC.
		
	By	 	  

		 	Title:] 9

  

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

	9	To be added only if the consent of the Borrower is required by the terms of the Credit Agreement. 

  
 Form of Assignment and
Assumption 
 3 

 ANNEX 1 

STANDARD TERMS AND CONDITIONS FOR 

ASSIGNMENT AND ASSUMPTION 
 1.
Representations and Warranties. 
 1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the
legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and
deliver this Assignment and Assumption and to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit
Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents, (iii) the financial condition of the Borrower or any of its Subsidiaries or
(iv) the performance or observance by the Borrower or any of its Subsidiaries of any of their respective obligations under any Loan Document. 

1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all
action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it meets all requirements of an Eligible Assignee under the
Credit Agreement (subject to receipt of such consents as may be required under the Credit Agreement), (iii) from and after the Assignment and Assumption Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender
thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to
Section 5.01 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the
basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, and (v) if it is a Lender organized under the laws of a jurisdiction outside the United States, attached
to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will, independently and without
reliance on the Administrative Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan
Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 

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

  
 Form of Assignment and
Assumption 

 EXHIBIT D-1 

[FORM OF] 
 U.S. TAX COMPLIANCE
CERTIFICATE 
 (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Bridge Credit Agreement dated as of September 2, 2013 (as amended, supplemented or otherwise modified
from time to time, the “Bridge Credit Agreement”), among Verizon Communications Inc., the Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. 

Pursuant to the provisions of Section 2.12 of the Bridge Credit Agreement, the undersigned hereby certifies that (i) it is the sole
record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it
is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 

The undersigned has furnished the Administrative Agent and the Borrower with a duly completed and executed certificate of its non-U.S. Person
status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Administrative Agent, and
(2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or
in either of the two calendar years preceding such payments. 
 In the case of a Lender that is a disregarded entity for U.S. federal income
tax purposes, each of the above certifications and representations is given with respect to the person treated as such Lender’s owner for U.S. federal income tax purposes. 

Unless otherwise defined herein, terms defined in the Bridge Credit Agreement and used herein shall have the meanings given to them in the
Bridge Credit Agreement. 
 [NAME OF LENDER] 
  

			
	By:	 	  

		 	Name:
		 	Title:

 Date:
                    , 20[    ] 

 EXHIBIT D-2 

[FORM OF] 
 U.S. TAX COMPLIANCE
CERTIFICATE 
 (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Bridge Credit Agreement dated as of September 2, 2013 (as amended, supplemented or otherwise modified
from time to time, the “Bridge Credit Agreement”), among Verizon Communications Inc., the Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. 

Pursuant to the provisions of Section 2.12 of the Bridge Credit Agreement, the undersigned hereby certifies that (i) it is the sole
record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the
Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 

The undersigned has furnished its participating Lender with a duly completed and executed certificate of its non-U.S. Person status on IRS
Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and (2) the undersigned shall have at all
times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

In the case of a Participant that is a disregarded entity for U.S. federal income tax purposes, each of the above certifications and
representations is given with respect to the person treated as such Participant’s owner for U.S. federal income tax purposes. 
 Unless
otherwise defined herein, terms defined in the Bridge Credit Agreement and used herein shall have the meanings given to them in the Bridge Credit Agreement. 

[NAME OF PARTICIPANT] 
  

			
	By:	 	  

		 	Name:
		 	Title:

 Date:
                    , 20[    ] 

 EXHIBIT D-3 

[FORM OF] 
 U.S. TAX COMPLIANCE
CERTIFICATE 
 (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Bridge Credit Agreement dated as of September 2, 2013 (as amended, supplemented or otherwise modified
from time to time, the “Bridge Credit Agreement”), among Verizon Communications Inc., the Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. 

Pursuant to the provisions of Section 2.12 of the Bridge Credit Agreement, the undersigned hereby certifies that (i) it is the sole
record owner of the participation in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such participation, (iii) with respect such participation, neither the
undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code,
(iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign
corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished its
participating Lender with a duly competed and executed IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) a duly completed and executed IRS Form
W-8BEN or (ii) a duly completed and executed IRS Form W-8IMY accompanied by a duly completed and executed IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption,
together with any other information required to be provided by IRS Form W-8IMY. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform
such Lender and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of
the two calendar years preceding such payments. 
 In the case of a Participant that is a disregarded entity for U.S. federal income tax
purposes, each of the above certifications and representations is given with respect to the person treated as such Participant’s owner for U.S. federal income tax purposes. 

Unless otherwise defined herein, terms defined in the Bridge Credit Agreement and used herein shall have the meanings given to them in the
Bridge Credit Agreement. 
 [NAME OF PARTICIPANT] 
  

			
	By:	 	  

		 	Name:
		 	Title:

 Date:
                    , 20[    ] 

 EXHIBIT D-4 

[FORM OF] 
 U.S. TAX COMPLIANCE
CERTIFICATE 
 (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Bridge Credit Agreement dated as of September 2, 2013 (as amended, supplemented or otherwise modified
from time to time, the “Bridge Credit Agreement”), among Verizon Communications Inc., the Lenders from time to time party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. 

Pursuant to the provisions of Section 2.12 of the Bridge Credit Agreement, the undersigned hereby certifies that (i) it is the sole
record owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such Loan(s) (as well as any
Note(s) evidencing such Loan(s)), (iii) with respect to the extension of credit pursuant to this Bridge Credit Agreement or any other Loan Document, neither the undersigned nor any of its direct or indirect partners/members is a bank extending
credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of
the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code.

 The undersigned has furnished the Administrative Agent and the Borrower with a duly completed and executed IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) a duly completed and executed IRS Form W-8BEN or (ii) a duly completed
and executed IRS Form W-8IMY accompanied by a duly completed and executed IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption, together with any other information
required to be provided by IRS Form W-8IMY. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Administrative
Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the
undersigned, or in either of the two calendar years preceding such payments. 
 In the case of a Lender that is a disregarded entity for
U.S. federal income tax purposes, each of the above certifications and representations is given with respect to the person treated as such Lender’s owner for U.S. federal income tax purposes. 

Unless otherwise defined herein, terms defined in the Bridge Credit Agreement and used herein shall have the meanings given to them in the
Bridge Credit Agreement. 
 [NAME OF LENDER] 
  

			
	By:	 	  

		 	Name:
		 	Title:

 Date:                    ,
20[    ] 

 EXHIBIT E 

COMPLIANCE CERTIFICATE 

Reference is made to the Bridge Credit Agreement, dated as of September 2, 2013 (as amended, supplemented, waived or otherwise modified
from time to time, the “Credit Agreement”), among Verizon Communications Inc. (the “Borrower”), the Lenders party thereto from time to time and JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders.
Capitalized terms used herein have the meanings attributed thereto in the Credit Agreement unless otherwise defined herein. Pursuant to Section 5.01(i)(vii) of the Credit Agreement, the undersigned, in [his][her] capacity as [Chief Financial
Officer][Treasurer][Controller] of the Borrower, certifies, in such capacity and not in an individual capacity, as follows: 
  

	 	1.	The following table and Annex A attached hereto set forth computations of the Leverage Ratio as of the last day of the period of four fiscal quarters ending
                         , 20    : 

 

			
	Consolidated Debt:	  	[    ]
	EBITDA:	  	[    ]
	Leverage Ratio:	  	[    ]

 [Signature Page Follows] 

  
 Form of Compliance
Certificate 

 IN WITNESS WHEREOF, the undersigned, in [his][her] capacity as [Chief Financial
Officer][Treasurer][Controller] of the Borrower, has executed this certificate for and on behalf of the Borrower and has caused this certificate to be delivered this      day of
                    , 20    . 
  

			
	VERIZON COMMUNICATIONS INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 Form of Compliance
Certificate 

 Annex A 

to the Compliance Certificate 
 ($
in 000’s) 
  

	I.	Section 5.01(h)(vii) – Leverage Ratio 

  

							
	A.	  	Consolidated Debt	  			
			
	1.	  	The aggregate amount of indebtedness for borrowed money, including indebtedness for borrowed money represented by notes, bonds, debentures or other similar evidences of indebtedness for borrowed money of the Borrower and its
Consolidated Subsidiaries	  	$	            	  
			
	2.	  	Indebtedness to the extent that the Borrower is required to, and has informed the Administrative Agent that it intends to, repay Loans with the Net Cash Proceeds of such indebtedness in accordance with Section 2.08 (including the
applicable time periods set forth therein)	  	$	 	  
			
	3.	  	Consolidated Debt (Line I.A.1 – Line I.A.2)	  	$	 	  
			
	B.	  	EBITDA for the last four fiscal quarters1	  			
			
	1.	  	Consolidated net income of Borrower and its Consolidated Subsidiaries	  	$	 	  
	
	plus, to the extent deducted in computing Line I.B.1 (without duplication),	  
			
	2.	  	Income and franchise tax expense	  	$	 	  
			
	3.	  	Interest Expense	  	$	 	  
			
	4.	  	Depreciation, amortization and other non-cash charges (except to the extent such non-cash charges represent an accrual of or reserve for cash expenses in any future period or an amortization of a prepaid cash expense paid in a prior
period but including, for the avoidance of doubt, any non-cash actuarial losses from pension and post-retirement plans)	  	$	 	  
			
	5.	  	Extraordinary, unusual or otherwise non-recurring losses and charges (including non-recurring restructuring charges)	  	$	 	  
			
	6.	  	Minority interest expense	  	$	 	  
			
	7.	  	All fees and expenses in connection with the transactions contemplated by the Transaction Agreement	  	$	 	  
	
	minus, to the extent added in computing Line I.B.1 (without duplication),	  
			
	8.	  	any extraordinary, unusual or otherwise non-recurring gains for such period	  	$	 	  
			
	9.	  	other non-cash gains (except (i) in respect of which cash was received in a prior period or will be received in a future period or (ii) which represent the reversal in such period of any accrual of, or cash reserve for, anticipated
cash charges in any prior period where such accrual or reserve is no longer required but including, for the avoidance of doubt, any non-cash actuarial gains from	  			

  

	1 	If the Borrower engages in any Material Asset Acquisition or any Material Asset Sale (each as defined below), during the relevant period, EBITDA will be determined on a pro forma basis as if such Material Asset
Acquisition or such Material Asset Sale occurred on the first day of the relevant period. For purposes of this definition, (i) “Material Asset Sale” means any Disposition of property or series of related Dispositions of property that
involves consideration (including non-cash consideration) with a fair market value in excess of $2,000,000,000 and (ii) “Material Asset Acquisition” means (x) the Transactions and (y) any acquisition (whether by purchase,
merger, consolidation or otherwise) of the assets or property of any other Person that involves consideration (including non-cash consideration) with a fair market value in excess of $2,000,000,000. 

  
 Form of Compliance
Certificate 

					
		  	pension and post-retirement plans)	  	$            
		
	equals,	  	
			
	10.	  	EBITDA (Lines I.B.1 + 2 + 3 + 4 + 5 + 6 + 7 – 8 – 9)	  	$
			
		  	Leverage Ratio	  	
		  	(Line I.A.3 / Line I.B.10)	  	            to 1

  
 Form of Compliance
Certificate 

 EXHIBIT F 

FORM OF 
 OFFICER’S
CERTIFICATE 
                  , 201    

 This Officer’s Certificate is delivered pursuant to Section 3.02(f) of the Bridge Credit Agreement dated September 2, 2013
(the “Credit Agreement”) among Verizon Communications Inc., as the Borrower, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. Terms defined in the Credit Agreement and not otherwise defined herein are used
herein as therein defined. 
 The undersigned, in [his][her] capacity as a[n] [Authorized Officer][Secretary][Assistant Secretary] of the
Borrower, hereby certifies, as of the date first set forth above, that each of the conditions set forth in Sections 3.02(a), (d) (with respect to clause (i), to the knowledge of the undersigned based solely on [his][her] review of the
certificate delivered by the Seller under Section 7.3(c) of the Transaction Agreement) and (e) have been satisfied. 

[Signature Page Follows] 

 IN WITNESS WHEREOF, the undersigned has executed and delivered this Officer’s Certificate as
of the date first set forth above. 
  

			
	VERIZON COMMUNICATIONS INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 Officer’s
Certificate 

 EXHIBIT G 

FORM OF 
 NOTICE OF EXTENSION 

                 , 201     

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

 [                    ] 

[                    ] 

Attention:                      

Ladies and Gentlemen: 
 The undersigned, Verizon
Communications Inc., refers to the Bridge Credit Agreement dated as of September 2, 2013 (as amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; the terms defined therein being used
herein as therein defined), among the undersigned, certain Lenders parties thereto, and JPMorgan Chase Bank, N.A., as Administrative Agent for the Lenders, and hereby gives you notice pursuant to Section 2.16 of the Credit Agreement that the
undersigned hereby requests to extend the maturity of $[AMOUNT] in principal amount of the Loans to the Extended Maturity Date. 

[Signature Page Follows] 

  
 Form of Notice of
Extension 

 
			
	Very truly yours,
	
	VERIZON COMMUNICATIONS INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 Form of Notice of
Extension 

 EXHIBIT H 

FORM OF 
 OFFICER’S
CERTIFICATE 
                  , 201   

This Officer’s Certificate is delivered pursuant to Section 2.16(d) of the Bridge Credit Agreement dated September 2, 2013 (the
“Credit Agreement”) among Verizon Communications Inc., as the Borrower, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent. Terms defined in the Credit Agreement and not otherwise defined herein are used
herein as therein defined. 
 The undersigned, in [his][her] capacity as an Authorized Officer of the Borrower, hereby certifies, as of the
date first set forth above, that each of the following conditions have been satisfied: 
  

	 	1.	No Event of Default has occurred and is continuing; and 

  

	 	2.	The Specified Representations are true and correct in all material respects. 

 [Signature
Page Follows] 

  
 Officer’s
Certificate (Extension of Maturity) 

 IN WITNESS WHEREOF, the undersigned has executed and delivered this Officer’s Certificate as
of the date first set forth above. 
  

			
	VERIZON COMMUNICATIONS INC.
		
	By:	 	  

		 	Name:
		 	Title:

  
 Officer’s
Certificate (Extension of Maturity) 

 ANNEX I 

DURATION FEES 
  

													
	 Duration Fee Payment Date
	  	Aggregate Amount of Loans Outstanding	 
	 (Days since Funding Date)
	  	Greater than
$20 Billion	 	 	Greater than or Equal
to $10 Billion and
Less than or Equal to
$20 Billion	 	 	Less than $10 Billion	 
	 90
	  	 	0.50	% 	 	 	0.125	% 	 	 	0.125	% 
	 180
	  	 	0.75	% 	 	 	0.50	% 	 	 	0.125	% 
	 270
	  	 	1.00	% 	 	 	0.75	% 	 	 	0.50	% 
	 Maturity Date
	  	 	1.00	% 	 	 	1.00	% 	 	 	0.75	% 
	 450
	  	 	1.00	% 	 	 	1.00	% 	 	 	0.75	% 
	 540
	  	 	1.00	% 	 	 	1.00	% 	 	 	1.00	% 
	 630
	  	 	N/A	  	 	 	1.00	% 	 	 	1.00	%EX-4.7

 EXHIBIT 4.7 
 FORM OF FIXED RATE DEBT SECURITY 
 (FORM OF FACE OF FIXED RATE DEBT SECURITY)

 [IF THE DEPOSITORY TRUST COMPANY IS THE DEPOSITORY, INSERT THE FOLLOWING: 

UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION
(“DTC”), NEW YORK, NEW YORK, TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.] 
 [IF DEBT SECURITY IS A GLOBAL DEBT SECURITY, INSERT
THE FOLLOWING: 
 TRANSFERS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF DTC
OR TO A SUCCESSOR THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY SHALL BE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE REFERRED TO ON THE REVERSE HEREOF.]

  

			
	No.         	  	$                    

 CUSIP No:                 

 ISIN No:                  

Common Code:                  

Verizon Communications Inc. 
         % Notes due                  

Verizon Communications Inc., a corporation duly organized and existing under the laws of the State of Delaware (herein referred to as the
“Company”), for value received, hereby promises to pay to                          or registered assigns, the
principal sum of
                                        
 Dollars ($                    ) [*SUBSTITUTE FOREIGN CURRENCY HERE IF DENOMINATED IN OTHER THAN U.S. DOLLARS*] on
                                 and to pay interest on said

  
 4.7-1

 
principal sum from
                                , or from the most recent interest payment date to
which interest has been paid or duly provided for, semiannually on                          and
                         in each year, commencing
                    , at the rate of             % per annum until the
principal hereof shall have become due and payable, and on any overdue principal and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the same rate per annum. The interest
installment so payable, and punctually paid or duly provided for, on any interest payment date will, as provided in the Indenture hereinafter referred to, be paid to the person in whose name this Debt Security (or one or more Predecessor Securities,
as defined in said Indenture) is registered at the close of business on the regular record date for such interest installment, which shall be the
                     or
                    , as the case may be (whether or not a business day), next preceding such interest payment date. However, interest that
the Company pays on the maturity date shall be payable to the person to whom the principal hereof shall be payable. Any such interest installment not so punctually paid or duly provided for shall forthwith cease to be payable to the registered
holder on such regular record date, and may be paid to the person in whose name this Debt Security (or one or more Predecessor Securities) is registered at the close of business on a special record date to be fixed by the Trustee for the payment of
such defaulted interest, notice whereof shall be given to the registered holders of this series of Debt Securities as provided in the Indenture, or may be paid at any time in any other lawful manner not inconsistent with the requirements of any
securities exchange on which the Debt Securities may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Indenture hereinafter referred to. The principal of and the interest on this Debt Security
shall be payable at the office or agency of the Company maintained for that purpose in the City of New York, State of New York in any coin or currency of the United States of America which at the time of payment is legal tender for payment of public
and private debts; provided, however, that payment of interest may be made at the option of the Company by check mailed to the registered holder at such address as shall appear in the Security Register. This Debt Security shall not be entitled to
any benefit under the Indenture hereinafter referred to, or be valid or become obligatory for any purpose, until the Certificate of Authentication hereon shall have been signed by or on behalf of the Trustee. 

The provisions of this Debt Security are continued on the reverse side hereof and such continued provisions shall for all purposes have
the same effect as though fully set forth at this place. 

  
 4.7-2

 IN WITNESS WHEREOF, the Company has caused this instrument to be executed. 

Dated: 
  

			
	VERIZON COMMUNICATIONS INC.
		
	By:	 	 
		 	Name:
		 	Title:

  
 4.7-3

 CERTIFICATE OF AUTHENTICATION 

This is one of the Securities of the series designated herein referred to in the within-mentioned Indenture. 

U.S. Bank National Association 
 as Trustee, Authenticating Agent and 
 Security Registrar 

By
                                         
                                        

Authorized Signatory 
 Dated:

  
 4.7-4

 (FORM OF REVERSE OF DEBT SECURITY) 

This Debt Security is one of a duly authorized series of Debt Securities of the Company (herein sometimes referred to as the
“Securities”), all issued or to be issued in one or more series under and pursuant to an Indenture dated as of December 1, 2000, duly executed and delivered by the Company, as successor in interest to Verizon Global Funding Corp. and
U.S. Bank National Association, as successor to Wachovia Bank, National Association, formerly known as First Union National Bank (hereinafter referred to as the “Trustee”), as amended and supplemented (the “Indenture”), to which
Indenture reference is hereby made for a description of the rights, limitation of rights, obligations, duties and immunities thereunder of the Trustee, the Company and the holders of the Securities. By the terms of the Indenture, the Securities are
issuable in series which may vary as to amount, date of maturity, rate of interest and in other respects as in the Indenture provided. This Debt Security is one of the series designated on the face hereof (herein called the “Debt
Securities”) unlimited in aggregate principal amount. 
 [INSERT IF GLOBAL DEBT SECURITY — Beneficial interests in
this global Debt Security may be held in minimum denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. This global Debt Security shall be exchangeable for Debt Securities in definitive form registered in the names of persons
other than the Depository or its nominee only if (i) the Depository notifies the Company that it is unwilling or unable to continue as the Depository or if at any time such Depository is no longer registered or in good standing under the
Securities Exchange Act of 1934 or other applicable statute and a successor depository is not appointed by the Company within 90 days or (ii) the Company executes and delivers to the Trustee an Officers’ Certificate that the global Debt
Security shall be so exchangeable. To the extent that the global Debt Security is exchangeable pursuant to the preceding sentence, it shall be exchangeable for Debt Securities registered in such names as the Depository shall direct. Debt Securities
represented by this global Debt Security that may be exchanged for Debt Securities in definitive form under the circumstances described in this paragraph will be exchangeable only for Debt Securities in definitive form issued in minimum
denominations of $2,000 and integral multiples of $1,000 in excess of $2,000. Notwithstanding any other provision herein, this global Debt Security may not be transferred except as a whole by the Depository to a nominee of such Depository or by a
nominee of such Depository to such Depository or another nominee of such Depository.] 
 In case an Event of Default, as defined
in the Indenture, with respect to the Debt Securities shall have occurred and be continuing, the principal of all of the Debt Securities may be declared, and upon such declaration shall become, due and payable, in the manner, with the effect and
subject to the conditions provided in the Indenture. 
 The Indenture contains provisions permitting the Company and the
Trustee, with the consent of the holders of not less than a majority in aggregate principal amount of the Securities of each series affected at the time outstanding, as defined in the Indenture, to execute supplemental indentures for the purpose of
adding any provisions to or changing in any manner or eliminating any of the provisions of the Indenture or of any supplemental indenture or of modifying in any manner the rights of the holders of the Securities; provided, however, that no such
supplemental indenture shall, among other things, (i) extend the fixed maturity of any Securities of any series, 

  
 4.7-5

 
or reduce the principal amount thereof, or reduce the rate or extend the time of payment of interest thereon, or reduce any premium payable upon the redemption thereof, without the consent of the
holder of each Debt Security so affected or (ii) reduce the aforesaid percentage of Debt Securities, the holders of which are required to consent to any such supplemental indenture, without the consent of the holders of each Debt Security then
outstanding and affected thereby. The Indenture also contains provisions permitting the holders of a majority in aggregate principal amount of the Securities of any series at the time outstanding, on behalf of the holders of Securities of such
series, to waive any past default in the performance of any of the covenants contained in the Indenture, or established pursuant to the Indenture with respect to such series, and its consequences, except a default in the payment of the principal of,
or premium, if any, or interest on any of the Securities of such series. Any such consent or waiver by the registered holder of this Debt Security (unless revoked as provided in the Indenture) shall be conclusive and binding upon such holder and
upon all future holders and owners of this Debt Security and of any Debt Security issued in exchange herefor or in place hereof (whether by registration of transfer or otherwise), irrespective of whether or not any notation of such consent or waiver
is made upon this Debt Security. 
 No reference herein to the Indenture and no provision of this Debt Security or of the
Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of and interest on this Debt Security at the times and place and at the rate and in the money herein prescribed. 

The Debt Securities are issuable as registered Debt Securities without coupons. 

[*IF THE ISSUE IS DENOMINATED IN U.S. DOLLARS, INSERT THE FOLLOWING: The Debt Securities shall be in minimum denominations of $2,000 and
integral multiples of $1,000 in excess of $2,000.*] Debt Securities may be exchanged, upon presentation thereof for that purpose, at the office or agency of the Company in the City of New York, State of New York, for other Debt Securities of
authorized denominations, and for a like aggregate principal amount and series, and upon payment of a sum sufficient to cover any tax or other governmental charge in relation thereto. 

[The Debt Securities may not be redeemed prior to maturity.] 
 OR 
 [The Debt Securities may not be redeemed prior to
                    . The Debt Securities may be redeemed on not less than 30 nor more than 60 days’ prior notice given as provided in
the Indenture, as a whole or from time to time in part, at the option of the Company, on any date or dates on or after                 , and prior to maturity, at
the applicable percentage of the principal amount thereof to be redeemed as set forth below under the heading “Redemption Price” during the respective twelve month periods beginning
             of the years shown below: 
  

					
	 Year
	  	Redemption Price	 
		  	 	                	% 

  
 4.7-6

 together, in each case, with accrued interest to the date fixed for redemption (but if the date fixed for
redemption is an interest payment date, the interest installment payable on such date shall be payable to the registered holder at the close of business on the applicable record date). 

In the event of redemption of this Debt Security in part only, a new Debt Security of like tenor for the unredeemed portion hereof and
otherwise having the same terms as this Debt Security shall be issued in the name of the holder hereof upon the presentation and surrender hereof.] 
 OR 
 [The Debt Securities may be redeemed on not less than 30 nor more than 60
days’ prior notice given as provided in the Indenture, as a whole or from time to time in part, at the option of the Company, at a redemption price equal to the greater of (i) 100% of the principal amount thereof or (ii) the sum of
the present values of the remaining scheduled payments of principal and interest thereon discounted to the date of redemption on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus __ basis
points, plus, in either case, accrued and unpaid interest on the principal amount being redeemed to such redemption date. 

“Treasury Rate” means, with respect to any redemption date, (i) the yield, under the heading which represents the average
for the immediately preceding week, appearing in the most recently published statistical release published by the Board of Governors of the Federal Reserve System designated as “Statistical Release H.15(519)” or any successor publication
which is published weekly by the Board of Governors of the Federal Reserve System and which establishes yields on actively traded United States Treasury securities adjusted to constant maturity under the caption “Treasury Constant
Maturities,” for the maturity corresponding to the Comparable Treasury Issue (if no maturity is within three months before or after the Remaining Life, yields for the two published maturities most closely corresponding to the Comparable
Treasury Issue shall be determined and the Treasury Rate shall be interpolated or extrapolated from such yield on a straight-line basis, rounding to the nearest month) or (ii) if such release (or any successor release) is not published during
the week preceding the calculation date or does not contain such yields, the rate per annum equal to the semi-annual equivalent yield to maturity of the Comparable Treasury Issue, calculated using a price for the Comparable Treasury Issue (expressed
as a percentage of its principal amount) equal to the Comparable Treasury Price for such redemption date. The Treasury Rate shall be calculated on the third Business Day preceding the redemption date. 

“Business Day” means any calendar day that is not a Saturday, Sunday or legal holiday in New York, New York and on which
commercial banks are open for business in New York, New York. 
 “Comparable Treasury Issue” means the United States
Treasury security selected by an Independent Investment Banker as having a maturity comparable to the remaining term (“Remaining Life”) of the Debt Securities to be redeemed that would be utilized, at the time of selection and in
accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such Debt Securities. 

  
 4.7-7

 “Comparable Treasury Price” means (i) the average of three Reference Treasury
Dealer Quotations for such redemption date, or (ii) if the Independent Investment Banker is unable to obtain three such Reference Treasury Dealer Quotations, the average of all such quotations obtained. 

“Independent Investment Banker” means an independent investment banking or commercial banking institution of national standing
appointed by the Company. 
 “Reference Treasury Dealer” means any independent investment banking or commercial
banking institution of national standing appointed by the Company and any of its successors, provided, however, that if any of the foregoing shall cease to be a primary U.S. Government securities dealer in The City of New York (a “Primary
Treasury Dealer”), the Company shall substitute therefor another Primary Treasury Dealer and (ii) any other Primary Treasury Dealer selected by the Independent Investment Banker and approved in writing by the Company. 

“Reference Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any redemption date, the
average, as determined by the Independent Investment Banker, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of its principal amount) quoted in writing to the Independent Investment Banker at
3:30 p.m., New York City time, on the third Business Day preceding such redemption date. In the event of redemption of this Debt Security in part only, a new Debt Security of like tenor for the unredeemed portion hereof and otherwise having the same
terms as this Debt Security shall be issued in the name of the holder hereof upon the presentation and surrender hereof.] 
 As
provided in the Indenture and subject to certain limitations therein set forth, this Debt Security is transferable by the registered holder hereof on the Security Register of the Company, upon surrender of this Debt Security for registration of
transfer at the office or agency of the Company in the City of New York, State of New York accompanied by a written instrument or instruments of transfer in form satisfactory to the Company or the Security Registrar duly executed by the registered
holder hereof or his attorney duly authorized in writing, and thereupon one or more new Debt Securities of authorized denominations and for the same aggregate principal amount and series will be issued to the designated transferee or transferees. No
service charge will be made for any such transfer, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in relation thereto. 

Prior to due presentment for registration of transfer of this Debt Security, the Company, the Trustee, any paying agent and any Security
Registrar for the Debt Securities may deem and treat the registered holder hereof as the absolute owner hereof (whether or not this Debt Security shall be overdue and notwithstanding any notice of ownership or writing hereon made by anyone other
than the Security Registrar for the Debt Securities) for the purpose of receiving payment of or on account of the principal hereof and (subject to Section 310 of the Indenture) interest due hereon and for all other purposes, and neither the
Company nor the Trustee nor any paying agent nor any Security Registrar for the Debt Securities shall be affected by any notice to the contrary. 

  
 4.7-8

 No recourse shall be had for the payment of the principal of or the interest on this Debt
Security, or for any claim based hereon, or otherwise in respect hereof, or based on or in respect of the Indenture, against any incorporator, stockholder, officer or director, past, present or future, as such, of the Company or of any predecessor
or successor corporation, whether by virtue of any constitution, statute or rule of law, or by the enforcement of any assessment or penalty or otherwise, all such liability being, by the acceptance hereof and as part of the consideration for the
issuance hereof, expressly waived and released. 
 [INSERT IF GLOBAL DEBT SECURITY — The Depository by acceptance of this
global Debt Security agrees that it will not sell, assign, transfer or otherwise convey any beneficial interest in this global Debt Security unless such beneficial interest is in an amount equal to an authorized denomination for Debt Securities of
this series.] 
 Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in
the Indenture. 

  
 4.7-9

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